 Leftist leader Andres Manuel Lopez Obrador has been sworn in as the new Mexican President following his landslide victory in the July 2018 presidential election. Lopez Obrador, 65, took oath before a crowd that included world leaders and a strong majority in both houses of Congress. Lopez Obrador also reaffirmed his intentions to sell Mexico’s official presidential plane, to not live in the presidential palace and announced he will receive 40% of his presidential salary. |
| Source- AIR World Service |
 State-owned Bank of Maharashtra announced that AS Rajeev has joined the lender as its managing director and chief executive officer. Prior to this, he was executive director of Indian Bank. |
| Source- The Economic Times |
 NATHEALTH has announced the appointment of Siddhartha Bhattacharya as Secretary-General. In his new role, Siddhartha will lead the organization and work with key partners in realizing NATHEALTH’s vision/mission to spearhead the goal of high quality, affordable health for all. |
| Source- ANI News |
 The Asia Pacific Summit-2018 began in Kathmandu, the capital of Nepal. The theme of two-day Summit is “Addressing the Critical Challenges of Our Time: Interdependence, Mutual Prosperity, and Universal Values”. Around 1500 participants from 45 countries, including India, attending the summit. They will discuss various global issues, including peace, development, good governance and role of parliamentarians, climate change and role of media. |
| Source- The Himalayan Times |
 The G-20 Summit 2018 was held in Buenos Aires, Argentina. G-20 is a grouping of the world’s 20 major economies. This year, the theme of the summit was ‘Building Consensus for Fair and Sustainable Development’. |
| Following are the important agenda discussed during the summit: |
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| (i) PMJDY: Pradhan Mantri Jan Dhan Yojana is a financial inclusion programme that aims at expanding and making affordable access to financial services to the last man in the row. Since its launch on August 15, 2014 till June 27, 2018, over 31 crore bank accounts were opened and over Rs. 7,92,00 crore were deposited under the scheme. (ii) MUDRA: It stands for Micro Units Development and Refinance Agency, is a financial institution set up in 2016 for development and refinancing micro units enterprises. It provides funding to the non-corporate small business sector through various last mile financial institutions like banks, non banking financial companies (NBFCs) and Micro Finance Institutions (MFIs). (iii). Start-up India: Launched in January 16, 2016, the Startup India is an initiative of the Indian government to promote startups, generate employment and create wealth. |
| Source: The Hindu Business Line |
 External Affairs Minister Sushma Swaraj visited United Arab Emirates to co-chair the 12th session of the India-UAE Joint Commission Meeting for Economic and Technical Cooperation with UAE Foreign Minister, Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi. Mrs Swaraj also inaugurated a Gandhi – Zayed Digital Museum in Abu Dhabi to mark the celebrations of 150 years of Mahatma Gandhi’s birth and centenary celebrations of the birth of Shaikh Zayed, founder of the modern UAE. |
| Source- Press Information Bureau (PIB) |
 The UN climate summits, i.e. so called COP (Conference of the Parties) are global conferences, in the course of which action for climate policy is negotiated. The Climate Change Conference 2018 was held in Katowice, Poland. Previously, Poland hosted them twice – in 2008, in Pozna? and in 2013, in Warsaw. For the first time, the climate summit took place in Katowice. This year’s summit included: 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP24), 14th Meeting of the Parties to the Kyoto Protocol (CMP 14) and the 1st Conference of Signatories to the Paris Agreement (CMA 1). |
| Source- BBC News |
 Union Agriculture Minister Radha Mohan Singh inaugurated Global Agriculture and Food Summit 2018 in Ranchi, Jharkhand. Seven countries, including China, Israel and Malaysia are participating in the two-day Summit. The aim of the Summit is to promote Jharkhand as a key player to attract investment in the agriculture sector. Several dignitaries attended the inaugural ceremony including Jharkhand Chief Minister Raghubar Das and NITI Aayog CEO Amitabh Kant. The summit will focus on organic farming in horticulture, dairy, poultry and fisheries, and food processing. |
| Source- Press Information Bureau (PIB) |
 FMCG major Hindustan Unilever Limited (HUL) announced that its board has approved the merger with GlaxoSmithKline Consumer Healthcare (GSKCH India)through an-all equity deal, valuing the total business of the latter at Rs31,700 crore. The transaction is an all-equity merger with 4.39 shares of HUL being allotted for every share in GSKCH India, which sells consumer healthcare products, including popular drink brand Horlicks. Post the acquisition, the turnover of the company’s Foods and Refreshment (F&R) business will exceed Rs10,000 crore. |
| Source- The Hindu |
 World AIDS Day is designated on 1 December every year since 1988. The day provides an opportunity for people worldwide to unite in the fight against HIV, to show support for people living with HIV and to commemorate those who have died from an AIDS-related illness. More than 35 million people have died of HIV or AIDS, making it one of the most destructive pandemics in history. The theme for the World AIDS Day 2018 is “Know Your Status”. This will also be an occasion to celebrate the 30th anniversary of WAD. |
| Source: News on AIR |
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