 The 25th edition of Partnership Summit 2019, a global platform for dialogue, debate, deliberation and engagement among Indian and global leaders on economic policy and growth trends in India was held in Mumbai. The two-day event was inaugurated by the Vice President of India, M Venkaiah Naidu. The Summit was organized by the Department of Industrial Policy and Promotion, Ministry of Commerce & Industry, Government of India, State Government of Maharashtra and Confederation of Indian Industry. |
| Source- Press Information Bureau (PIB) |
 The Indian Paint Association (IPA), the apex body of the country’s paint industry announced that the 29th biennial Indian Paint Conference started in Agra, Uttar Pradesh. The theme of the Conference is ‘Paints Pe Charcha – Naye Aayaam’. This is the largest trade show of the estimated INR 500 billion (50,000 Crore) Indian Paints & Coatings industry. |
| Source- ANI 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- |
| 1. MoU on Maritime issues between India and Denmark.2. MoU between India and Japan on Development of Advanced Model Single Window.3. MoU between India and France on technical bilateral cooperation in the field of new and renewable energy.4. Signing of the TOR provide tax assistance to Swaziland.5. Bilateral Swap Arrangement between India and Japan. 6. Creation of the post of Vice Chancellor for National Rail & Transport Institute (Deemed to be University) set up in Vadodara, Gujarat. 7. The setting up of three new AIIMS at Vijaynagar in Jammu, Awantipur in Pulwama in Kashmir and at Rajkot in Gujarat. |
| Source- Press Information Bureau (PIB) |
 According to the Henley Passport Index, India jumped two positions from 81st in 2018 to 79th in 2019. Japan retained its top spot as the world’s most travel-friendly passport. China jumped almost 20 places in just two years, from 85th in 2017 to 69th this year. The Henley Passport Index is based on data provided by the International Air Transport Authority (IATA) and covers 199 passports and 227 travel destinations. |
| Source: NDTV |
 The University Grants Commission (UGC) has approved a list of journals, in that the UGC has decided to establish a Consortium for Academic and Research Ethics (CARE). The good quality Research Journals in disciplines under Social Sciences, Humanities, Languages, Arts, Culture, Indian Knowledge Systems etc., will be maintained by CARE and referred to as ‘CARE Reference List of Quality Journals’. This will be used for all academic purposes. UGC has constituted a Committee under the Chairmanship of Prof. P. Balram, to review its quality mandate relating to promotion of Research and to review the existing M.Phil/ Ph.D Regulations. |
| Source- Press Information Bureau (PIB) |
 Sri Lanka’s Central Bank announced that the Reserve Bank of India (RBI) has agreed to provide USD 400 million under a swap arrangement to boost the island nation’s reserves. It stated that a further request to the RBI for another SWAP arrangement of USD 1 billion is “under consideration”. These are to be made available under the SAARC SWAP facility.The RBI has agreed to provide the funds under its SAARC (South Asian Association for Regional Cooperation) Swap Facility. |
| Source- AIR World Service |
 Union Minister Nitin Gadkari has announced that India has allowed an Iranian bank, Pasargad Bank, to open a branch in Mumbai. The move is aimed at circumventing US trade and investment sanctions as India builds a strategic port in the West Asian country. Iran’s Pasargad Bank has received the necessary clearances to open its branch in Mumbai. Alongside, India’s UCO Bank will open a branch in Iran. |
| Source- The Livemint |
 Market regulator Security and Exchange Board of India (SEBI) has constituted a “Research Advisory” committee which will assist in formulating policy to undertake research relevant for development and regulation of capital markets. According to SEBI, the committee would comprise prominent financial economists and market practitioners. It will be headed by Sankar De. “In order to strengthen its research function and enhance its linkage to policy making, SEBI has constituted a ‘Research Advisory Committee’ headed by Sankar De,” a SEBI statement stated. Another key task of the committee will be to maintain databases relevant for capital market regulation research. |
| Source: The Economic Times |
 According to the Ministry of Civil Aviation, islands in Andaman will soon be connected by seaplanes that can land on or take-off from the water. To facilitate the same, the government has approved flight operations on 13 water aerodrome routes under the Ude Desh ka Aam Nagrik (UDAN) scheme. The government had opened bidding under the third phase of its regional connectivity scheme, UDAN-3, in November, and had received a total of 111 proposals by 15 airlines. |
| Source: The Money Control |
 Liverpool’s Mohamed Salah has been named as the 2018 Confederation of African Football Player of the Year. For the second consecutive year he has won the award. Egypt forward Salah, 26, beat Liverpool team-mate Sadio Mane of Senegal and Arsenal and Gabon striker Pierre-Emerick Aubameyang to the title. He received the award at a ceremony in Senegal. Houston Dash and South Africa forward Thembi Kgatlana was named Women’s Player of the Year. Salah scored 44 goals for Liverpool during the 2017-18 season, helping the Reds to the Champions League final before scoring twice for Egypt at the World Cup in Russia. |
| Source- BBC Sports |
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