Malaysian veteran Lee Chong Wei has won the Malaysian Open Badminton singles title for a historic 12th time. In the men’s final in Kuala Lumpur, he defeated young Japanese shuttler Kento Momota in straight games. In the women’s singles final, top seed Tai Tzu Ying from Taiwan saw off China’s He Bingjiao. India’s campaign in the tournament had ended with the defeat of PV Sindhu and Kidambi Srikanth in their singles semi-finals. |
Source- AIR World Service |
The Odisha government signed an MoU with the Regional Integrated Multi-Hazard Early Warning System (RIMES) for enhancing early warning system for effective management of all kinds of disaster in the state, including flood, drought, heat wave, lightning, and road accidents. The government also signed three more MoUs that would benefit the farmers and enhance their production. This agreement enables for development and pilot implementation of decision support systems for automating risk assessment, advisory generation and dissemination. |
Source- The Times Now |
Premier stock exchange Bombay Stock Exchange (BSE) has entered into an agreement with the Bombay Metal Exchange (BME) for the growth and systematic development of commodity derivatives markets in the non-ferrous metals complex. Through this MoU, the BSE and the BME will coordinate and work jointly on initiatives to deepen the understanding of commodity market among stakeholders. The BME, with its domain knowledge and unique stakeholders ranging from importers, traders to corporates, will assist the BSE in designing new and innovative deliverable products in commodities. |
Source- The Hindu Business Line |
Chennai-based United India Insurance Company announced the appointment of K B Vijay Srinivas as its Director and General Manager. Prior to taking up the new role, he was serving National Insurance Company Ltd as its Chief Marketing Officer and General Manager. Srinivas, in his 37 years of service, has also contributed articles in journals of insurance, tax and other subjects. A recipient of many awards, Srinivas is also an associate member of Insurance Institute of India. |
Source- The Economic Times |
Andres Manuel Lopez Obrador has been elected as Mexico's President with over 53% of the vote, according to the country's electoral commission. Obrador, who has won the presidency at the third attempt, promised to tackle violence and wipe out corruption. The 64-year-old former Mexico City mayor will formally take power on December 1. His main opponent was Ricardo Anaya. |
Source- Al Jazeera |
The government has set up a 13-member committee to upgrade the norms for computation of economic data at states and districts level in the backdrop of plans to revise the base year for National Accounts or GDP calculation. The Committee for Sub-National Accounts will be headed by Ravindra H Dholakia, a retired professor of IIM Ahmedabad. The Ministry of Statistics and Programme Implementation (MOSPI) will change the base year to 2017-18 for the calculation of GDP and IIP numbers from the current 2011-12 with an aim to capture changes in the economy. |
Source- Business Standard |
The National Doctors’ Day is observed every year on 1 July across India to express gratitude and acknowledge the dedication and commitment of the doctors’ towards our society. The observance of the day honours legendary physician and West Bengal’s second Chief Minister, Dr Bidhan Chandra Roy whose birth and death anniversary coincides on the same day. Indian Medical Association (IMA’s) theme for 2018 National Doctors’ Day is ‘Zero tolerance to violence against doctors and clinical establishment’, |
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The Banks Board Bureau (BBB) has recommended 15 executive directors to be elevated as managing directors (MD) at various public sector banks (PSBs). It was headed by former Department of Personnel and Training Secretary B P Sharma. These recommendations were based on interactions held by BBB and are subject to various clearances. The Appointments Committee of Cabinet (ACC) headed by Prime Minister will take the final decision in this regard. |
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The ninth and final meeting of Eminent Persons Group (EPG) on Nepal-India Relations concluded in Kathmandu, Nepal. The Representatives from Nepal and India deliberated upon various bilateral issues including 1950 Peace and Friendship treaty, trade, transit and border during the two-day meeting. The EPG is a joint mechanism consisting of experts and intellectuals from India and Nepal. It was set up in February 2016 to make suggestions for updating all existing bilateral treaties and agreements between both the countries. |
Source- AIR World Service |
Asia's first arbitration centre specialised in intellectual property is slated to open in Tokyo in September 2018 to resolve the growing number of disputes in the region. The International Arbitration Centre in Tokyo (IACT) is set to have around a dozen arbitrators from around the world, who would try to resolve disputes within a period of one year. |
Source- Business-Standard |
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