 Markets regulator SEBI approved a slew of proposals, including a revised framework for settlement of cases and new KYC norms for foreign portfolio investors. The watchdog has approved a proposal to allow foreign investors to trade in commodity derivatives market, except for sensitive commodities, as well as common application form for the registration of FPIs in the domestic market. The board has given its nod for amending delisting regulations. Further, inter-operability of clearing houses for commodities and new methodology to calculate the total expenses ratio for fund managers have been cleared. |
| Source- AIR World Service |
 Lewis Hamilton won the Singapore Grand Prix at Marina Bay Street Circuit, in Singapore. Mercedes’ Lewis Hamilton won the 1st position. He was followed by Red Bull’s Max Verstappen in the 2nd spot. Ferrari’s Sebastian Vettel finished in the 3rd place. With this victory, Lewis Hamilton has increased his chances of winning this year’s Formula One World Championship. |
| Source- The Guardian |
 The Asian Paralympic Committee (APC) confirmed that Hangzhou in China will host the fourth edition of Asian Para Games in 2022. The confirmation came following a visit to Hangzhou in July by APC President Majid Rashed and CEO Tarek Souei. |
| Source- News on AIR |
 Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina jointly launched the construction of India-Bangladesh Friendship Product Pipeline Project through video conferencing. The project will go a long way in strengthening the Indo-Bangla ties. |
India-Bangladesh Friendship Product Pipeline Project:
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| Source- DD News |
 The Union Cabinet has approved an ordinance making triple talaq a punishable offence. The Supreme Court had in a verdict in August last year declared it illegal and unconstitutional. It was cleared by the Lok Sabha but was stuck in the Rajya Sabha. Though the ordinance has been cleared, for now, it must be placed before the Parliament and the bill would still need to be passed. The ordinance will have similar provisions as the Muslim Women Protection of Rights in Marriage Act. |
| Source- News on AIR |
 Germany has rolled out the world’s first hydrogen-powered train, signalling the start of a push to challenge the might of polluting diesel trains with costlier but more eco-friendly technology. The two Coradia iLint trains were built by French train-maker firm Alstom. It started operating on a 100 km (62-mile) route between Cuxhaven, Bremerhaven, Bremervoerde and Buxtehude in northern Germany. |
| Source- The Guardian |
 India and Sri Lanka signed an MoU for construction of a 5000-metric ton temperature controlled warehouse in Dambulla, Sri Lanka. The warehouse will be constructed with an Indian grant assistance of 30 crore Sri Lankan rupees. The project envisages construction of a 5000-metric ton temperature controlled warehouse for fruits and vegetables to minimize its post-harvest losses. This initiative will benefit the farming community by reducing the wastage, particularly in the peak season when there is surplus production. |
| Source- DD News |
 The Union Cabinet chaired by Prime Minister Narendra Modi has given the following set of approvals. The important Cabinet Approvals are given as follows- |
The Cabinet has approved-
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| Source- Press Information Bureau (PIB) |
 Actors Varun Dhawan and Anushka Sharma have been signed on to promote and endorse the Skill India Mission, chaired by Prime Minister Narendra Modi. The actors through their film are saluting India’s entrepreneurs and skilled workforce, especially homegrown artisans, craftspeople and weavers. |
| Source- The Indian Express |
 Tajinder Mukherjee has taken over as the Chairman and Managing Director of National Insurance Company Limited (NICL). Prior to joining NIC, she was posted as General Manager and Chief Underwriting Officer of New India Assurance. She has over 33 years of experience in the insurance industry having joined as a Direct recruit Officer 1983 batch in United India Insurance Company. |
| Source- The Quint |
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