 Sunil Arora has been appointed as the new Chief Election Commissioner of India. He succeeds Om Prakash Rawat. He will take over the top job on December 2. A former bureaucrat, Arora was appointed as Election Commissioner in August 2017. A 1980-batch IAS officer of the Rajasthan cadre, Arora has worked in ministries such as finance, textiles and the Planning Commission. Ashok Lavasa is the second election commissioner. |
| Source: News on AIR |
 Romanian Foreign Minister Teodor Melescanu is on an official visit to India. External Affairs Minister Sushma Swaraj held delegation-level talks with her Romanian counterpart in New Delhi. They discussed diversifying the historical relations and boosting cooperation in the fields of agriculture, ICT, health and pharma, education, tourism, and culture. He stated that Romania “strongly supports” India’s proposal in the UN for a Comprehensive Convention on International Terrorism (CCIT). |
| Source: AIR World Service |
 The 19th edition of the prestigious Laureus World Sports Awards will be held in Monaco on February 2019. Considered the ‘Oscars of sports’, the Laureus World Sports Awards celebrate global sporting achievements across the calendar year. Former India cricket captains Kapil Dev, Rahul Dravid, and Sachin Tendulkar are members of the Laureus Academy. In 2018, Tennis great Roger Federer won the Laureus Sportsman of the Year award for a record fifth time, while Serena Williamswon the Sportswoman of the Year recognition for the fourth time. |
| Source- The Business Standard |
 The Reserve Bank has relaxed norms for External Commercial Borrowings (ECBs) by reducing the mandatory hedging provision to 70% from the current 100%. The relaxed norms will apply to the ECBs with a maturity period between 3 and 5 years. On a further review of the extant provisions, it has been decided, in consultation with the government of India, to reduce the mandatory hedge coverage from 100% to 70% for ECBs raised under Track-I of the ECB framework. |
| Source-The Live Mint |
 WhatsApp’s Chief Business Officer Neeraj Arora has resigned from the post after 7-years in the company. His exit comes seven months after WhatsApp co-founder Jan Koumleft the company. Arora had been an integral part of WhatsApp since 2011 and played a vital role in the company’s acquisition by Facebook in 2014. Neeraj Arora was the front-runner for the post of the CEO at WhatsApp after the departure of Koum. Koum had quit over data privacy concerns in April 2018. The company recently appointed Abhijit Bose as India head. |
| Source: The Money Control |
 Ms. Preeti Sudan, Union Health Secretary did soft-launch of the Integrated Disease Surveillance Programme (IDSP) segment of the Integrated Health Information Platform (IHIP) in seven states. The path-breaking initiative will provide near-real-time data to policymakers for detecting outbreaks, reducing the morbidity and mortality and lessening disease burden in the populations and better health systems. The first one-of-its-kind initiative by the Government of India, IHIP uses the latest technologies and digital health initiatives. |
| Source: Press Information Bureau |
 The Centre and Asian Development Bank (ADB) has signed a 200 million dollar loanagreement to finance widening and upgrading of about 230 Kilometers State Highways in Bihar to all-weather standards with road safety features. The agreement was signed by Additional Secretary in the Finance Ministry Sameer Kumar Khare and Officer-in-Charge of ADB’s India Resident Mission, Rajeev P Singh in New Delhi. Mr. Khare stated that this loan will help the State government to upgrade all State Highways to meet the minimum two-lane standard with better surfaces and improved road safety. |
| Source- The Money Control |
 India and China have signed a protocol to amend the Double Taxation Avoidance Agreement (DTAA) for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. According to a statement by the Ministry of Finance, besides other changes, the protocol has the existing provisions for exchange of information to the latest international standards. The protocol also incorporates changes required to implement treaty related minimum standards under the Action reports of Base Erosion and Profit Shifting (BEPS) Project in which India had participated on an equal footing. |
| Source: AIR World Service |
 Sameer Verma has won the Syed Modi International Badminton Championships,men’s singles final against China’s Guangzu Lu, to retain the title. With this win, Verma sealed his spot in the BWF World Tour Finals. However, former champion Saina Nehwallost to Han Yue of China in women’s singles summit clash and won silver. Men’s doubles pair of Satwik Rankireddy and Chirag Shetty and women’s doubles players Ashwini Ponnappa and Sikki Reddy also won silver in their respective finals. |
| Source: News on AIR |
 Australia clinched Women’s World Twenty20 title as they attained an easy win over England in the final of the Women’s World T20 tournament. This is Australia’s 4th title win at Women’s World T20 in 6 editions of the tournament. The Southern Stars have won the trophy previously in 2010, 2012 and 2014. West Indieshosted the event. |
| Source: The Indian Express |
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