Current Affairs – October, 2016

Russia, Turkey agree to intensify military, intelligence contacts

The Russia and Turkey have agreed to intensify military and intelligence contacts. They also have agreed on the need for aid to get to the northern Syrian city of Aleppo. Decision in this regard was taken after meeting between Turkish President Recep Tayyip Erdogan, Russian President Vladimir Putin on sidelines of World Energy Congress in Read More…

Himansh, India’s remote, high-altitude station opens in Himalayas

A high altitude glaciological research station in Himalaya called Himansh (meaning a slice of ice) began functioning above 13,500 ft (4000 m) in a remote region in Spiti, Himachal Pradesh. Researchers will use this station as a base for undertaking surveys that would digitize the glacier motion and snow cover variations with exceptional precision. Key Read More…

4th BRICS Science, Technology and Innovation Ministerial Meeting held at Jaipur

The 4th BRICS Science, Technology and Innovation Ministerial Meeting was held at Jaipur, Rajastan. The purpose of the meeting was to further strengthen the collaboration amongst the BRICS countries in the areas of Science, Technology and Innovation (STI). Key Facts The meeting adopted a five-pronged approach, viz. Institution Building, Implementation, Integration, Innovation and Continuity. In Read More…

October 11: International Day of the Girl Child

The International Day of the Girl Child (IDGC) is observed every year across the world on 11 October to recognize girls’ rights and the unique challenges girls face around the world. Significance of Day: The observance of the day seeks to increase awareness of gender inequality faced by girls worldwide based upon their gender and Read More…

Oliver Hart and Bengt Holmstrom win 2016 Nobel Prize in Economics

Two economists Oliver Hart and Bengt Holmstrom have won the 2016 Nobel Memorial Prize in Economic Sciences. Both of them will share 8 million kronor, or about $930,000. Royal Swedish Academy of Sciences has selected them for their contributions to contract theory which tells how contracts help people deal with conflicting interests. Their individual theories Read More…