Current Affairs

Yes Bank appoints ICICI Bank's Anita Pai as COO

Shares of Yes Bank continued to trade weak, slipping 7 percent intraday on October 10.

The bank announced the appointment of Anita Pai as its chief operating officer and Jasneet Bachal as its chief marketing officer.

Anita Pai was the Senior General Manager and Head of ATM Business, Branch banking Service and Phone Banking at ICICI Bank. She has also been associated with ICICI Prudential Life Insurance Company Limited and HDFC Limited.

Kotak Securities expects Yes Bank to report yet another challenging quarter.



Yes Bank appoints ICICI Bank's Anita Pai as COO

Shares of Yes Bank continued to trade weak, slipping 7 percent intraday on October 10.

The bank announced the appointment of Anita Pai as its chief operating officer and Jasneet Bachal as its chief marketing officer.

Anita Pai was the Senior General Manager and Head of ATM Business, Branch banking Service and Phone Banking at ICICI Bank. She has also been associated with ICICI Prudential Life Insurance Company Limited and HDFC Limited.

Kotak Securities expects Yes Bank to report yet another challenging quarter.



Piyush Goyal to attend 9th RCEP Intersessional Ministerial Meeting in Thailand

Commerce Minister Piyush Goyal will attend the 9th Regional Comprehensive Economic Partnership, RCEP Intersessional Ministerial meeting beginning tomorrow at Bangkok in Thailand. This will be the last Ministerial before the 3rd Leaders Summit to be held on 4th of next month in Bangkok.

Prime Minister Narendra Modi is expected to attend the Summit. The 9th Intersessional Ministerial Meeting comes at a crucial stage where the RCEP is scheduled to be announced as concluded in November this year.

The 28th round of negotiations for RCEP at the expert level was concluded at Da Nang in Vietnam last month. In this round of negotiations meeting of the Trade Negotiating Committee was held in which senior officials participated in negotiations regarding market access on Trade in Goods, Trade in Services and Investment as well as on other areas like Rules of Origin, Intellectual Property and Electronic Commerce.



Govt launches Surakshit Matritva Aashwasan, SUMAN, an initiative for quality health care at no cost

Union Minister for Health and Family Welfare Dr Harsh Vardhan along with several State Health Ministers today launched Surakshit Matritva Aashwasan, SUMAN, initiative in New Delhi. The initiative was launched during the 13th Conference of Central Council of Health and Family Welfare.  

The initiative aims at assuring dignified, respectful and quality health care at no cost and zero tolerance for denial of services for every woman and newborn visiting the public health facility in order to end all preventable maternal and newborn deaths. It also provides a positive birth experience to both mother and infant.  


Addressing the Conference, Dr. Harsh Vardhan said, government is committed to achieve the target of reducing the maternal mortality and child mortality.



Olga Tokarczuk and Peter Handke win Nobel Prize for Literature for 2018 and 2019

Polish author Olga Tokarczuk and Austria's Peter Handke have been awarded the Nobel Prize for Literature.

Two winners were named - one for 2019 and one for 2018 - because the prize was not awarded last year.

The Swedish Academy, which oversees the prestigious award, suspended it in 2018 after a sexual assault scandal.

Tokarczuk, who also won the Man Booker International Prize last year, was awarded the 2018 Nobel Prize, with this year's Nobel going to Handke.



Kerala Bank gets RBI approval, to begin services from November 1

The Reserve Bank of India has accorded approval to the Kerala government to set up the Kerala Bank, State Minister for Cooperation Kadakampally Surendran said on Wednesday.

The Kerala Bank will begin its services from November 1 to coincide with the Kerala Piravi Day. It will be set up by merging all 13 District Cooperative Bank (DCB) with the Kerala State Cooperative Bank (KSCB).



WHO to collaborate with govt to accelerate Ayushman Bharat

New Delhi, Oct 9: The WHO India Country Cooperation Strategy 2019-2023 has identified accelerating progress of the Ayushman Bharat programme as the top strategic priority.

As per the strategy document released on Wednesday, accelerating progress on universal health care (UHC) will be the top priority with a focus on equitable access and all aspects of health service delivery, from the implementation of the Ayushman Bharat health sector reforms aimed at expanding access to quality primary health care services.

This will include providing financial protection for those requiring hospital care, eliminating neglected tropical diseases, controlling vaccine-preventable and vector-borne diseases, and ensuring digital health interventions are appropriately used to deliver health care.

The Country Cooperation Strategy (CCS) provides a strategic roadmap for WHO to work with the Central government towards achieving its health sector goals, in improving the health of its population and bringing in transformative changes in the health sector.

The CCS covers the period 2019-23 and it notes that significant improvements in health have been achieved in the past two decades – including sharp reductions in child and maternal mortality, the elimination of several infectious diseases (polio, maternal and neonatal tetanus, yaws), a dramatic decline in HIV/AIDS incidence, and a doubling of the percentage of births taking place in health facilities in 10 years.



Cabinet doubles honorarium for Asha workers; to open 40,000 wellness centres under Ayushman Bharat Scheme

Union Cabinet has doubled honorarium for ten lakh ASHA workers from the existing 1000 rupees to 2000 rupees per month. Briefing media persons after the Cabinet meeting, Information and Broadcasting Minister Prakash Javadekar said the government has also decided to provide other benefits to ASHA workers in addition to the hike in their monthly honorarium. Mr. Javadekar said the government will open 40,000 wellness centres across the country this year under Ayushman Bharat Scheme.

The government also announced five per cent Dearness Allowance (DA) for Central Government employees and pensioners. Mr Javadekar said, it will benefit 50 lakh Central Government employees and 65 lakh pensioners. He described it as a Diwali gift from the government, and added that this will be paid from July this year.



India ranks 68th on global competitiveness index

India has moved down 10 places to rank 68th on an annual global competitiveness index, largely due to improvements witnessed by several other economies, while Singapore has replaced the U.S. as the world’s most competitive economy.

India, which was ranked 58th in the annual Global Competitiveness Index compiled by Geneva-based World Economic Forum (WEF), is among the worst-performing BRICS nations along with Brazil (ranked even lower than India at 71st this year).

Announcing its latest index, the WEF said on October 9 India ranks high in terms of macroeconomic stability and market size, while its financial sector is relatively deep and stable despite the high delinquency rate, which contributes to weakening the soundness of its banking system.



AIIMS, health ministry launch ‘eDantSeva’

The All India Institute of Medical Sciences in collaboration with the Union Health Ministry on Monday launched the first-ever website and mobile application on oral health awareness.

The digital platform, ‘e-DantSeva’, contains information about the National Oral Health Programme, a detailed list of all the dental facility and colleges, Information, Education and Communication (IEC) material and a unique feature called the ‘Symptom Checker’.

The website also provides GPRS route and satellite images of the facility for easier access to the people.

Union Health Minister Harsh Vardhan said the digital platform will provide oral health information gathered from authentic scientific resources and connect the people to timely advise for managing any dental emergency or oral health problem.

The ‘eDantSeva’ website and mobile application will reach out to more than one billion people with just one click, Vardhan said.

Vardhan also released a Braille booklet and voice-over on oral health education for visually impaired.

“Oral health is indispensable for the wellbeing and good quality of life. Poor oral health affects growth negatively in all aspects of human development,” he said.