The Reserve Bank of India has constituted an eight-member task force on offshore rupeemarkets, headed by Usha Thorat former Deputy Governor, to look into issues related to the markets and recommend appropriate policy measures to ensure the stability of the external value of the rupee. The terms of reference of the task force include assessing the causes behind the development of the offshore rupee market; study the effects of the offshore markets on the rupee exchange rate and market liquidity in the domestic market; and recommend measures to address concerns, if any, that may arise out of offshore rupee trading. |
Source- The Hindu Business Line |
West Indies opener Chris Gayle has become the first batsman ever to smash 500 or more sixes in international cricket. In the 4th ODI against England in Grenada, Gayle scored 162 runs. His innings contained a staggering 14 sixes and powered the Windies to their highest-ever ODI score of 389. Gayle also reached the 10,000-run milestone in ODIs and became only the second West Indian after Brian Lara (10,405 runs) to achieve the milestone. |
Source: India Today |
National Boxing champion Deepak Singh (49kg) was the only Indian boxer to notch up the gold medal, while five others claimed silver medals in the Makran Cup in Chabahar, Iran. Deepak defeated Jaafar Naseri in the finals. P. Lalitha Prasad (52kg), Commonwealth Games silver-medallist Manish Kaushik (60kg), Duryodhan Singh Negi (69kg), Sanjeet (91kg) and Commonwealth Games silver-medallist Satish Kumar (+91kg) claimed silver medals. |
Source: The Hindu |
Union Minister of Tribal Affairs Jual Oram launched the ambitious scheme of the Ministry of Tribal Affairs named Van Dhan. The scheme is for Minimum Support Price (MSP) for Minor Forest Produce (MFP) and Development of Value Chain of MFPs at a National Workshop organized by TRIFED. The Scheme will offer remunerative Minimum Support Price for 50 commercially viable items to the Tribals. 6000 Van Dan Vikas Kendras comprising 300 tribal gatherers are to be set up to provide employment to almost 45 Lakh Tribal. He also launched the TRIFOOD Scheme, a joint initiative of Ministry of Food Processing Industry, Ministry of Tribal Affairs and TRIFED, and the “Friends of Tribes” initiative of the Ministry. |
Source: Press Information Bureau |
Prime Minister Narendra Modi conferred the Shanti Swarup Bhatnagar Prizes for Science and Technology for the years 2016, 2017 and 2018 in New Delhi. There were 34 prize winners. The Shanti Swarup Bhatnagar Prize is the most coveted national recognition bestowed upon young scientists and engineers to honour their research and developmental work in India. It was first instituted in 1957 to honour the eminent scientist Dr. Shanti Swarup Bhatnagar. |
Source: AIR World Service |
Minister of State for Health and Family Welfare, Anupriya Patel, inaugurated the International Digital Health Symposium and an exhibition on Digital Health as a part of the Symposium, in New Delhi, where participant countries along with various Government Ministries, states and other stakeholders showcased key innovations, implementation experiences, and innovative Digital Health Interventions. |
Source: Press Information Bureau |
NITI Aayog’s Atal Innovation Mission (AIM) and Adobe signed a Statement of Intent (SOI) to collectively drive the charter of developing creative skills and spreading digital literacy across all Atal Tinkering Labs (ATL) in India. 100 schools will be adopted by Adobe under the ATL initiative and will be implementing its Digital Disha Program in ATLs, under which free licenses of Adobe Spark premium shall be offered to ATLs. |
Source: Press Information Bureau |
India and Brunei signed a pact for the exchange of Information and Assistance in Collection with respect to taxes in order to curb tax evasion and tax avoidance in New Delhi. This agreement will facilitate both the countries to exchange information, including banking and ownership information for tax purposes and will also avail mutual assistance in collection of tax revenue claims. |
Source: Business Standard |
The Union Cabinet chaired by Prime Minister Narendra Modi has given the following set of approvals. The important Cabinet Approvals are given as follows: |
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Source: Press Information Bureau |
Union Railway Minister Piyush Goyal announced a new railway zone for Andhra Pradesh,that is the Southern Coast Railway and it will be headquartered in Visakhapatnam. It will be the 18th zone in the country. The new zone will comprise the existing Guntakal, Guntur and Vijayawada divisions that currently fall under the South Central Railway.The cost of creating infrastructure for a new zone is around Rs. 205 crore. |
Source: The Hindu |
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