News Headlines-
1.Chinese President Xi Jinping on Tuesday pledged 1.5 billion yuan ($232.47 million) for a new fund to support biodiversity protection in developing countries. He made the announcement on the sidelines of the UN’s COP15 summit on biodiversity protection, in the city of Kunming.-hindustantimes.com
2.England will be hit hard by floods like those that devastated Germany this summer if the country does not improve its defence against more extreme weather brought by climate change, a governmental agency said Wednesday.-theindianexpress.com
3.North Korea on Monday showed off its growing arsenal of missiles in one of its largest-ever exhibitions of military gear, as its leader, Kim Jong Un, said he didn’t believe repeated assertions by the United States that it harbored no hostile intent toward his country.-theindianexpress.com
4.Kuwait on Tuesday announced that women will be allowed to register for the military service, according to local media reports citing the Kuwait army. Kuwait's deputy prime minister Sheikh Hamad Jaber Al-Ali Al-Sabah, who also serves as the minister of defence, announced the ministerial decision to open the registration for women to join the country's national military service.-hindustantimes.com
5.In a quarterly update to the World Economic Outlook, the International Monetary Fund (IMF) on Tuesday published the latest economic growth projections for 2021 and 2022. The IMF projected the global economy to grow 5.9% in 2021, a downward revision from July 2021 update, and 4.9% in 2022.-hindustantimes.com
6.Only a unified response by the world community will ensure the desired change in the situation in Afghanistan, Prime Minister Narendra Modi said on Tuesday against the backdrop of a looming humanitarian crisis and the Taliban’s efforts to gain international acceptance.-hindustantimes.com
7.The Union ministry of civil aviation (MoCA) on Tuesday allowed domestic flights to fly with 100% capacity from October 18 onwards, coinciding with what is usually the beginning of the peak season for the aviation business in the country.-hindustantimes.com
8.Karnataka chief minister Basvaraj Bommai on Tuesday launched the National Education Policy (NEP-2020) in engineering colleges which the former referred to as big reform in technical education in the state.Bommai said that internet technology has broken all shackles and multidisciplinary learning is the need of the hour.-hindustantimes.com
9.Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) will resume operations from Terminal 1 (T1) from Wednesday. The Adani Group-owned Mumbai airport operator had said in a statement on October 8 that it was supposed to start operations from T1 from October 20 but due to heavy passenger rush amid the festive season, was forced to prepone resumption of flight services from the domestic terminal.-hindustantimes.com
10.MUMBAI: The Maharashtra government on Tuesday issued standard operating procedures (SOPs) for reopening of theatres, multiplexes and auditoriums in the state from October 22, saying these establishments will be allowed to operate at a 50% capacity and no food or beverage can be served inside the screening area.-Times of India
11.The new excise licence fee structure under the new excise policy by the government of NCT Delhi, which was released earlier last week, has put Delhi’s five-star and above hotels in a difficult situation. The proposed licence fee (L16) based on star classification of hotels will also make it really hard for boutique hotels with fewer food and beverage outlets.-hospitalityworld.com
12.Hygiene, Safety, Health & Technology have emerged as the biggest needs for customers globally. Customers are likely to give priority to hotels and restaurants that they trust in these areas. No doubt that the hospitality industry is one of the biggest hits by the pandemic and has suffered the most. Cash flows and not profitability have become the most important metric of the industry for the survival in which many establishments have closed in the last eighteen months.-hospitalityworld.com
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