 Former UN Secretary-General Ban Ki-moon has been elected chairman of 'Boao Forum for Asia' (BFA). He has replaced former Japanese Prime Minister Yasuo Fukuda. Founded in 2001, the BFA is a non-governmental and non-profit international organisation committed to promoting regional economic integration and bringing Asian countries closer to their development goals. Chinese Vice Foreign Minister Li Baodong was appointed BFA secretary-general. |
| Source- DD News |
 The tenth edition of a biennial exhibition of weapons and military hardware - DefExpo India- 2018 has begun at Kancheepuram in Tamil Nadu. The four-day long defence expo was formally inaugurated by Prime Minister Narendra Modi. Indigenously developed military helicopters, aircraft, missiles and rockets, capabilities to manufacture submarines, frigates and corvettes would be showcased at the event. Over 700 exhibitors from over 50 countries are participating in the Defence Expo. |
| Source- DD News |
 India and World Expo 2020 Dubai signed participants contract for India’s pavilion in the prestigious World Expo 2020 held once in 5 years. The contract provides for the setting up of India pavilion at Expo 2020 on an extra large plot (about one acre) in the ‘Opportunity’ segment. |
| Source- Press Information Bureau (PIB) |
 Indian shooter Shreyasi Singh won the women's double trap gold in a shoot-off after scoring 96 points to take India's gold medal tally at the 21st Commonwealth Games 2018 to 12. This was her second CWG medal after having claimed a silver at the 2014 Glasgow Games. Another Indian shooter Varsha Varman finished fourth in the event, scoring 86 points. |
| Source- DD News |
 Indian shooter Om Prakash Mitharval settled for the bronze medal in the men's 50m pistol event at the 21st Commonwealth Games at Gold Coast, Australia. In the same event, Jitu Rai finished a disappointing 8th. Young Mitharwal, who has also a bronze in the 10m air pistol event two days ago, shot 201.1 to finish third in the eight-man finals at Belmont Shooting Centre. Host nation Australia's Daniel Repacholi bagged the gold medal in the event with a Games record 227.2 while Shakil Ahmed of Bangladesh won the silver. |
| Source- The Quint |
 Prime Minister Narendra Modi inaugurated 16th International Energy Forum Ministerial Meeting in New Delhi. It is the largest gathering of Ministers from energy consuming, producing and transit countries. Ministers, Industry leaders and heads of key international organizations will debate the future of global energy. Hosted by India and co-hosted by China and Korea, the meeting aims to focus on how global shifts, transition policies and new technologies influence market stability and future investment in the energy sector. |
| Source- AIR World Service |
 The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity. India's largest state-owned bank, which celebrated the new subsidiary with a special event in London, becomes the first foreign bank in the UK to ringfence its retail division from its wholesale business. |
| Source- DD News |
 The State Bank of India will be investing a total of Rs 80 billion in the Arun III hydropower project of Nepal, which has 900 megawatts (MW) electricity production capacities. The SJVN, which has been awarded the construction of the mega power project of Nepal, has made an informal agreement with the SBI to acquire the investment as a loan and soon will make the formal agreement. The mega project is targeted to be completed by 2022's September. |
| Source- The Economic Times |
 Singapore and China signed an MoU in Beijing, China to promote greater collaboration between Singapore and Chinese companies in third-party markets along the Belt and Road. Under the MOU, the Ministry of Trade and Industry (MTI), NDRC (China's lead agency for BRI) and Enterprise Singapore will form a working group to identify sectors and markets of mutual interest, and organise business matching activities and forums to facilitate third-party market cooperation between Singapore and Chinese companies along the Belt and Road. |
| Source- The Business Times |
_2.PNG) The government has amended Income Tax rules that will now allow transgenders to be recognised as an independent category of applicants for obtaining a Permanent Account Number (PAN) for their tax-related transactions. The Central Board of Direct Taxes (CBDT), which frames the policy for the department, issued a notification that provides a new tick box for the transgenders to apply for the PAN. The notification, issued under sections 139A and 295 of the Income Tax Act, specifies the new application process for obtaining a PAN number by an individual. |
| Source- DD News |
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