 Union Petroleum and Natural Gas Minister Dharmendra Pradhan and UAE Minister of State & Abu Dhabi National Oil Company (ADNOC) Group CEO Dr. Sultan Al Jaber flagged off the first consignment of 2 million barrels of ADNOC crude for Mangalore Cavern.
During the day, Mr Pradhan also held the bilateral meeting with H.E. Dr. Jaber. The Petroleum and Natural Gas Minister also had an interactive session with over 250 Indian professionals, business leaders and community representatives working in the UAE. The event was organised by the Embassy of India in Abu Dhabi.
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| Source- Business Standard |
Telecom regulator Telecom Regulatory Authority of India (TRAI) issued a draft to amend interconnect regulations, proposing certain changes in terms and conditions for operators to seek fresh call connect ports from other telcos.
The 'draft Telecommunication Interconnection (Amendment) Regulations 2018' proposed that a service provider can ask another operator for additional ports, in case the projected utilisation of the capacity is likely to exceed 85% over 60 day period.
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| Source- NDTV News |
 Shanghai Cooperation Organisation Secretary-General Rashid Kutbiddinovitch Alimov arrived in New Delhi to hold talks with External Affairs Minister Sushma Swaraj and other Union ministers. Alimov is scheduled to hold talks on a wide array of matters.
External Affairs Minister Sushma Swaraj will hold a bilateral meeting with Alimov in Delhi. SCO is an intergovernmental international organisation aimed at strengthening mutual trust and neighbourliness among the member states.
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| Source- ANI News |
 The 11th Executive Committee meeting of National Mission for Clean Ganga (NMCG) recently approved the project encompassing the use of Geographic Information System (GIS) technology for Namami Gange programme with a total budget of Rs 86.84 crore.
In order to facilitate the Ganga rejuvenation task through the GIS technology, the National Mission for Clean Ganga has tied-up with the Survey of India, the oldest scientific department in the country set up in 1767. The project includes the use of Digital Elevation Model (DEM) technology which ensures accurate data collection.
The National Mission for Clean Ganga also approved the project to strengthen the State Pollution Control Boards (SPCBs) of five main stem Ganga basin states, namely, Uttarakhand, Uttar Pradesh, Bihar, Jharkhand and West Bengal. The project was approved at an estimated cost of Rs 85.97 for 5 years.
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| Source- Press Information Bureau (PIB) |
 Stepping up its crackdown on money laundering and round-tripping, SEBI recently came out with a detailed framework for risk-based Know Your Customer (KYC) documentation of foreign portfolio investors (FPIs). Among other things, the market regulator made it clear that non-resident Indians (NRIs), overseas citizens of India (OCI) and resident Indians cannot be beneficial owners of FPIs. NRIs and OCIs can only obtain an FPI licence on condition that they limit their roles to investment advisors and do not invest their money. Sebi further sought a comprehensive list of beneficial owners from the existing FPIs within six months. |
| Source- Business Standard |
 The 15th Pravasi Bharatiya Divas will be held in the holy city of Varanasi in January 2019 with the Indian diaspora having an option to participate in Kumbha Snan and attend the Republic Day parade in New Delhi.
This year’s event would be inaugurated by PM Narendra Modi and his Mauritian counterpart Pravind Jugnauth. Organised by the Ministry of External Affairs in association with the Uttar Pradesh government, the theme of this Pravasi Bharatiya Divas is “Role of Indian Diaspora in building a New India”.
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| Source- The Hindu |
 Telecom Commission approved a proposal for allowing people to make phone calls and use internet services in domestic and international flights in India, with certain riders. Telecom Commission (the highest decision-making body of telecom department) also approved regulator TRAI’s recommendations on internet telephony in its meeting in New Delhi.
Another proposal that received approval entails creation of an ombudsman to deal with telecom grievances. The ombudsman will be set up under TRAI and will require an amendment to the TRAI Act.
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| Source- DD News |
The government has released the draft of the new Telecom policy named National Digital Communications Policy, 2018. The policy aims at creating 40 lakh new jobs by 2022, attracting 100 billion US dollars investment in the sector and ensuring broadband coverage at 50 mbps for every citizen. The draft proposes one Gbps connectivity to all Gram Panchayats by 2020 and 10 Gbps by 2022. It also proposes to address woes of the Telecom sector by reviewing licence fees, spectrum usage charges, universal service obligation fund levy for enhancing ease of doing business in the sector.
The Indian government has launched a Pilot Scheme for procurement of aggregate power of 2500 MW on competitive basis for three years under medium term from commissioned power plants without power purchase agreements. The main purpose of the scheme is to revive commissioned power plants which are unable to sell electricity in the absence of valid power purchase agreements. These plants can bid for power supply under the scheme.
 The Ministry of Human Resource Development, HRD launched the second edition of the Unnat Bharat Abhiyan under which students from 750 higher educational institutions from across the country will adopt villages and visit them to get acquainted with lifestyle of people there and the problems faced by them. The minister advised the students to involve local village people at every stage of problem identification and solving issues relating to health, cleanliness, waste management, plantation, financial inclusion, women and child development. |
| Source- AIR World Service |
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