India has set up a Country Pavilion in the 1st China International Import Expo (CIIE) at Shanghai. Federation of Indian Export Organisations (FIEO) is the lead agency for the India Country Pavilion in CIIE. China is India's largest trading partner.
Beijing is the capital of China.
The Centre has released over 113 crores (Total 638 crore in FY) rupees to 6 border states. The BADP covers 17 states to meet special development needs of border population with a focus on the people living within 50 kilometers of International Border.
Rajnath Singh is the Union Home Minister.
The nation's largest container port JNPT in Navi Mumbai is set to host an edible oil refinery to maximize revenue and ensure captive cargo. The state-run port already has a liquid cargo terminal and 4 container terminals off the city’s east coast.
Neeraj Bansal is the Chairman of JNPT.
India and South Korea signed a Memorandum of Understanding on cooperation in sports in New Delhi. The objective of the MoU is to establish a framework to facilitate and promote cooperation between the two countries on the basis of reciprocity.
Rajyavardhan Rathore is Union Sports Minister.
The country’s services sector in October expanded at the quickest pace since July, driven by significant increase in new business orders, which, in turn, led to robust workforce expansion, a monthly Purchasing Managers' Index to 52.2 in October 2018.
In PMI parlance, a print above 50 means expansion.
After Australia and the UK, Indian ride-hailing company Ola is set to foray into New Zealand and will offer its services in Auckland, Wellington, and Christchurch. The company started its international operations earlier this year.
Bhavish Aggarwal is CEO of Ola.
Social networking giant Facebook has teamed up with news agency Agence France-Presse (AFP), expanding the third-party fact-checking programme in India, as it looks to combat the spread of “fake news” on its platform ahead of general elections in 2019.
FB partnership with BOOM covers content in English & Bengali.
RBI has imposed Rs 1 cr fine on Fino Payments Bank for opening new a/c despite the warning. It is imposed for contravention of the direction to stop the opening of new a/c until further instructions on account of violation of certain licensing conditions.
Rishi Gupta is CEO of Fino Payment Bank.
India and Malawi signed three MoUs on Extradition Treaty, cooperation in the field of Atomic Energy for peaceful purposes and VISA Waiver for Diplomatic and Official Passports. India will also extend a Line of credit to Malawi for the water project.
Malawi is a landlocked country in Southeast Africa.
India's junior shooters Divyansh Singh Panwar & Elavenil Valarivan won the silver and bronze medals in their respective air rifle events of the 11th Asian Shooting Championship held at Kuwait City. Wang Youfeng of China clinched Gold in the event.
ASC is governed by the Asian Shooting Confederation.