International
Affairs
2 Indian-American women named White House fellows
Two Indian-American women have been selected for the
prestigious White House Fellow programme that offers first hand experience of
working at the highest levels of the US federal government.
Astrophysicist Anjali Tripathi from California and physician
Tina R Shah from Chicago are among the 16 White House Fellows appointed from
across the nation for the year 2016-17.
North Korea test fires new ballistic missile
North Korea today test fired a new ballistic missile. South
Korea's military said, it was launched from a submarine in the Sea of Japan,
off North Korea's eastern coast.
The test comes one day after the United States and South
Korea launched joint military exercises on the peninsula.
Pfizer to acquire oncology specialist Medivation for $ 14 bn
The US-headquartered pharma major Pfizer Inc has entered
into an agreement to acquire Medivation Inc, a biopharmaceutical company
focused on developing and commercialising small molecules for oncology,
for a total enterprise value of approximately $ 14 billion.
The merger will give a boost to Pfizer’s consolidation
effort through a series of acquisitions, especially after its bid to take over
Allergan Plc in a $150 billion deal late last year fell apart when the Obama
administration prevented the proposed combination with new rules.
China's unmanned submersible sets new national record
China's unmanned submersible has dived to a depth of 10,767
metres at the world's deepest ocean point, setting a new record for the country
to enable it to explore ocean beds for minerals and other natural resources.
This dive created a new record for China that also helps the
country to enable it to explore ocean beds for minerals and other natural
resources.
India is 7th wealthiest country, China second
The New World Wealth, India is ranked 7th among the
wealthiest countries in the world in terms of private wealth held by
individuals. The New World Wealth is a research consultancy that tracks
the global wealth sector.
The value of total individual wealth in India – which
includes property, cash, equities and business interests – is pegged at $3,492
billion in 2015.
The Top 5 Counties are: 1. US 2. China 3. Japan 4. UK 5. Germany
National
Affairs
Ministry of Civil Aviation, Govt of Maharashtra and AAI sign
MOU on Regional Connectivity Scheme
The Maharashtra State government, Civil Aviation Ministry
and Airports Authority of India signed a tri-partite Memorandum of
Understanding (MOU) on 23-August-2016 at Mumbai.
The MOU pave the way for collaborative process of these
agencies together for successful launch of the Regional Connectivity Scheme.
It was signed by Chairman, Airports Authority of India,
Principal Secretary Civil Aviation (Maharashtra) and Joint Secretary (Ministry
of Civil Aviation).
India, Germany sign pact on vocational training
India and Germany today signed an agreement that aims to
foster conditions that will help create and improve workplace-based vocational
training in India's industrial clusters.
Under the pact, German technical assistance will be used to
enhance industry institute partnerships between Indian and German
organizations, build capacity of local training institutions and
foster industry linkages which will help adapt elements of the German dual
system into the Indian context.
India's Oscar entry for 2017 to be picked by Ketan Mehta
The Film Federation of India (FFI) has kickstarted the
process to cherry pick the film, which will officially represent India at the
89th Academy Awards next year.
And the deadline for submitting entries for the foreign film
category Oscar is October 1. Ketan Mehta has been approached to head the
17-member jury which comprises technicians and artists within the
film industry.
Odisha cabinet approves Startup Policy 2016
Odisha Cabinet has approved the “Odisha Startup Policy 2016”
to promote entrepreneurship for start-up ventures with provision of
government incentives.
The policy will chart out a roadmap to place Odisha among
the top three investment destinations in the country by 2020.
Delhi To Get All-New Aerospace Museum
Delhi will soon have a sprawling new Aerospace Museum close
to the international airport focused mainly on Nation's rich aviation history.
New Aerospace Museum is not only meant to preserve the glorious tradition
of the IAF but also to create awareness in general public about India's
rich Aerospace heritage.
After the approval, the new museum would be ready for
the tourists within 3-5 years.
President Pranab Mukherjee launches Akashvani Maitree
channel
India state radio broadcaster's Akashvani Maitree Channel, a
special Bengali channel targeted at the Bengali-speaking audience of India,
Bangladesh and in other countries, was launched by President Pranab
Mukherjee.
The initiative will provide a platform for blending content
both from India and Bangladesh and preserving Bengali culture. It will be
broadcast from a state-of-the-art brand new high power 1000Kw DRM
transmitter.
The Union Cabinet Today cleared the draft Surrogacy Bill
2016, aimed at regulating commissioning of surrogacy in the country in a proper
manner.
The bill aims to safeguard rights of surrogate mothers and
make parentage of such children legal.
It will now be introduced in the Parliament.
Maharashtra to have own law for internal security
The newly drafted Maharashtra Protection of Internal
Security Act (MPISA) has proposed setting up of Special Security Zones (SSZ)
where movement of arms, explosives and inflow of unaccounted
funds will be prohibited .
Maharashtra is the first State in the country to draft its
own internal security act.
Madhya Pradesh, Chhattisgarh & Gujarat Assembly Ratifies
GST Bill
The Chhattisgarh, Gujarat and Madhya
Pradesh state Assembly passed the Goods and Service Tax (GST) Constitution
Amendment Bill, becoming the fifth, sixth and seventh state to pass the
bill respectively.
Madhya Pradesh, Chhattisgarh and Gujarat governments
ratified the Constitution 122 Amendment Bill (GST) after Assam, Bihar, Jharkhand
and Himachal Pradesh.
In Madhya Pradesh, the state legislative assembly today ratified GST Amendment Bill.
In Madhya Pradesh, the state legislative assembly today ratified GST Amendment Bill.
Awards
& Honors
P D Gupta appointed VC of Homi Bhabha National Institute
Eminent scientist P D Gupta was appointed as Vice Chancellor
of Mumbai-based Homi Bhabha National Institute (HBNI).
The HBNI is an aided institution of the Department of Atomic
Energy and is a deemed to be university under the UGC Act.
Business
& Economy
Volvo Auto India hires Nalin Jain as CFO
Luxury carmaker Volvo Auto has announced the appointment of
Nalin Jain as the new Chief Financial Officer and Jyoti Malhotra as the
Director, Sales, Marketing and PR for India operations.
The Swedish carmaker has also roped in Rajeev Chauhan as the
Network Director.
Airtel and Vodafone unveils e-KYC solution to use Aadhar
number for SIM activation
Bharti Airtel and Vodafone has started rolling out Aadhaar
based e-KYC solution following the notification by the Department of Telecom,
Government of India.
Telecom operator Vodafone will roll out e-KYC facility
across 4,500 stores in India that will quickly activate SIMs of its customers
with an Aadhaar number.
Deaths
Mathrubhumi former editor K K Sreedharan Nair passes away
Mathrubhumi former editor K K Sreedharan Nair passed away.
He was 86.
The end came at a private hospital in Kochi.
He started his carrer in Journalism as a sub-editor in
Mathrubhumi in 1953, Nair had an illustrious career in various capacities
including Chief Sub-Beginning his journalism career as a sub-editor in
Mathrubhumi in 1953, Nair had an illustrious career in various capacities
including Chief Sub-Editor, News Editor and Deputy Editor.
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