9 PM Current Affairs Brief – September 4th, 2018

Xi offers $60 bn aid to Africa News: China’s efforts for Africa’s all round progress through bolstering industry, countering hunger and enhancing security. Important Facts: 2. President Xi Jinping announced the fund during the third summit of Forum on China-Africa Cooperation, held in Beijing. 3. The outcome of the summit are: Eight focal areas across… Continue reading Xi offers $60 bn aid to Africa

India, Cyprus vow to curb money laundering News: India to sign agreement on money laundering and in the field of environment with Cyprus. Important facts: 2. India is the fastest growing major economy in the world with the rate of 8.2% in the third quarter. 3. Cyprus has the niche (uniquely specific) expertise in financial… Continue reading India, Cyprus vow to curb money laundering

Talks on for logistics deal with Russia News: India and Russia are in the process of concluding a logistics agreement. Important facts: 2. Logistics agreements are administrative arrangements facilitating access to each other’s military facilities for fuels and rations between countries. 3. The proposed agreement is expected to be on the lines of those signed… Continue reading Talks on for logistics deal with Russia

Green shoots of revival Article: Rajiv Bhatia, a former Ambassador has talked aboutoutcomes of 4th BIMSTEC summit. Important Analysis 2. The 4th BIMSTEC summit in Nepal has ended with some hope and doubts. 3. Author has made the evaluation on the basis of past performance.Last two years seems to be promising for BIMSTEC meet. 4.… Continue reading Green shoots of revival

Reserve Bank tightens ombudsman scheme News: RBI has taken steps to strengthen the grievance redressal mechanism for customers. Important Facts: 2. Reserve Bank of India has tightened the Banking Ombudsman Scheme 2018. 3. Under the scheme the following recommendation were made with respect to customer: Commercial banks having 10 or more banking outlets to have… Continue reading Reserve Bank tightens ombudsman scheme

The bedaquiline boost News: WHO to replace all injectable with oral drugs “Bedaquiline” to treat MDR-TB patients. Important Facts: 2. WHO has recommended to change in method to treat MDR-TB patient by replacing all injectable with oral Bedaquiline. 3. MDR-TB is resistant to at least two of the first-line drugs. 4. Why treating MDR-TB using… Continue reading The bedaquiline boost

When the levee breaks Articles: Sujatha Byravan, a scientist has talked about calamities arising from extreme weathers. Important Analysis. 2. Author has made an argument,that metrological events may trigger the natural disaster but the main causes are different. 3. Damage in the Kerala hasnot only caused by heavy rain but it is also attributed to… Continue reading When the levee breaks

Panel urges plan to save springs News: NITI has requested government to prepare a dedicated mission to revive Himalayan Springs. Important News: 2. Springs plays an important role in Indian Himalayan region as it provides water for drinking and irrigation. 3. States spanning across North and North east heavily dependent on these natural source of… Continue reading Panel urges plan to save springs