Latest Current Affairs 18th August 2018

Kerala Floods: PM announces financial assistance of Rs 500 cr :- Prime Minister Narendra Modi conducts aerial survey of flood affected areas in Kerala after high level meeting to review the situation; Announces financial assistance of 500 crore rupees; NDRF, Army, Navy, Air Force and other agencies step up rescue and relief operations.

Bharat Ratna Vajpayee’s ashes to be immersed in Haridwar on Sunday :- Ashes of former Prime Minister Atal Bihari Vajpayee to be immersed in river Ganga at Haridwar on Sunday; Home Minister Rajnath Singh, BJP national President Amit Shah and Uttar Pradesh chief minister Yogi Adityanath to remain present on the occasion; an all-party prayer meeting to be held in Delhi on 20th August.

Former U.N. chief and Nobel peace laureate Kofi Annan passes away :- Former U.N. Secretary-General and Nobel Peace Prize laureate Kofi Annan died on Saturday at the age of 80, his foundation said, after decades of championing efforts to try to end protracted conflicts in Africa, Asia and the Middle East.

Imran Khan becomes 22nd Prime Minister of Pakistan :- Pakistan Tehreek-e-Insaaf chief Imran Khan sworn in as 22nd Prime Minister; administered oath of office by President Mamnoon Hussain in a ceremony at President House in Islamabad.

Sensex surges 284 pts, Nifty hits new high :- Benchmark Sensex rebounded by over 284 points to close at 37,947.88 on Friday, while the NSE Nifty finished at a fresh lifetime high on the back of robust gains in FMCG, metal and banking stocks amid positive global cues.

Jakarta Palembang 2018 begins; Hopeful India eye Asiad glory :- This year’s Asian Games, also known as Jakarta Palembang 2018, start from August 18 to September 2 in the Indonesian cities of Jakarta and Palembang. It is the second time for Jakarta to host the sports games after 1962.