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WTO Ministerial meeting of developing countries is being hosted by India in New Delhi on 13-14 May 2019.
Sixteen developing countries, Six Least Developed Countries (LDC)(Argentina, Bangladesh, Barbados, Benin, Brazil, Central African Republic (CAR), Chad, China, Egypt, Guatemala, Guyana, Indonesia, Jamaica, Kazakhstan, Malawi, Malaysia, Nigeria, Oman, Saudi Arabia, South Africa, Turkey, Uganda)and DG, WTO are participating in the meeting.
Ministers from Bangladesh, CAR and South... Read More
A team of researchers from the University of Pittsburgh have used genetically modified viruses to treat a patient fighting an antibiotic-resistant infection for the first time.
It was published in the journal Nature Medicine on 8th May 2019.
The patient, Isabelle Carnell-Holdaway, 17, of England, diagnosed with cystic fibrosis when she was 11 months old.
She was suffered from a life-threatening infection after a lung transplant Isabelle had when she was 15.
WHO (World Health organization) collaborated with the International Food and Beverage Alliance (IFBA) to eliminate industrially produced trans fat (iTFA) from food supply worldwide by 2023.
Trans fat-intake leads to coronary heart disease, due to which globally 5,00,000 deaths occur every year.
Dr Tedros Adhanom Ghebreyesus, Director-General of WHO had a meeting with the IFBA representatives, that included CEOs (chief executive officers) from around 12 companies comprising IFBA.
The... Read More
Digital marketing platform SEMrush reported that Indian Prime Minister Narendra Modi is the most-followed politician in the world on social media with a total audience of 110.9 million on platforms including Facebook, Twitter, and Instagram. Former US President Barack Obama was ranked first with 182.7 million followers.
US President Donald Trump, who has 96 million followers, is the second second-most followed politician on the American online news and social networking service, Twitter.
Modi... Read More
Bank credit grew by 13.2% in the financial year 2018-19 as compared to 10.3% in the previous financial year, mainly aided by loans to services and retail sector.
Deposit growth also gained momentum, growing by 10% as compared to 6.7% a year ago. Banks typically tend to push for more loan disbursement and also try to get more deposits ahead of the end of a financial year to shore up their balance sheet and meet year-end targets.
The Reserve Bank of India’s (RBI) data on... Read More
Researchers from Columbia University and the University of Florida, have identified a violent collision of two neutron stars 4.6 billion years ago as the likely source of some of the most coveted matter on Earth.
The study says this single cosmic event, close to our solar system, gave birth to 0.3 percent of the Earth's heaviest elements, including gold, platinum, and uranium.
The researchers compared the composition of meteorites to numerical simulations of the Milky Way. They found that... Read More
The 21st-century alchemists are transforming carbon dioxide into the rock for eternity in Iceland’s volcano country, cleaning the air of harmful emissions that cause global warming.
The technology mimics, in an accelerated format, a natural process that can take thousands of years, injecting CO2 into porous basalt rock where it mineralizes, capturing it forever. In Iceland, at least half of the energy produced comes from geothermal sources.
The plant, located on the Hengill volcano... Read More
Artificial Intelligence based HR solutions provider, Talocity will provide Yes Bank its touchless technology in hiring process for Yes bank.
This is done to enhance the hiring process and to attain high-quality talent.
In the process of recruitment, candidates are interviewed by an AI bot on a one-way video platform. Talocity’s machine learning and AI capabilities will create personality report of each job applicant.
♦ Founders: Ketan Dewan, Dilpreet Singh,... Read More
The Reserve Bank of India, on 8th May, withdrew its April 24 circular that required the banks to make specific disclosures as the National Company Law Appellate Tribunal (NCLAT) lifted the freeze on banks from declaring the accounts of debt-laden IL&FS and its group companies as non-performing.
This comes after NCLAT last week allowed banks to declare defaulting loans of IL&FS and its group companies as bad loans.
NCLAT said No financial institution will declare... Read More
As part of the regular exchange between India and Turkey, Deputy Minister of Foreign Affairs of Turkey, Mr. Sedat Onal visited India from 7th May-9th May 2019.
Mr Sedat Onal previously visited India as part of the delegation of President Recep Tayyip Erdogan in May 2017.
Off-late the political exchange between India and Turkey have strengthened our deep-rooted ties that goes back to many centuries, and opened up various new arenas for cooperation.
Under the mechanism of Foreign Office... Read More
Iran announced it will pull out of some commitments under 2015 international nuclear agreement signed with world powers, called Joint Comprehensive Plan Of Action (JCPOA).
Iran said it will stop suppressing its stocks of enriched uranium and heavy water, as these are needed by certain types of the reactor for nuclear fission to take place.
It mentioned that such actions are required from Iran as the European Union (EU) and other countries did not have the power to resist US... Read More
Australian flight carrier, Qantas operated the world’s first zero-waste commercial flight named QF739 from Sydney to Adelaide which disposed of all waste through compost, reuse or recycles.
This airline has substituted over 1000 single-use plastic items with more environment-friendly items which have helped the airline to achieve zero-waste during a commercial flight.
The Australian airline Qantas has planned to eliminate 100 million single-use plastics by the end of 2020 and also to... Read More
The Ministry of Home Affairs announced that it has put an end to the local adverse lists commonly known as Black Lists of Indian-origin people.
What is the Blacklist of Indian-origin people?
It is a list maintained by Indian Embassies in different countries and posts abroad under the plea of alleged persecution in India. It contains a list of Indian-origin people who have taken asylum. These asylum seekers in the list are predominantly Sikhs. They are denied visas.
Decisions by the... Read More
The Fifth United Nations (UN) Global Road Safety Week is being held from 6 May to 12 May 2019. The theme for the weekly event in 2019 is Leadership for road safety.
The UN Global Road Safety Weeks and its' campaigns are coordinated by United Nations Road Safety Collaboration, chaired by the World Health Organization (WHO). During the on-going global road safety week WHO released the Global Status Report on Road Safety.
As it is acknowledged that with a stronger... Read More
Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, is organizing the World Customs Organisation (WCO) for Asia-Pacific region in Kochi, Kerala from 8th to 10th May 2019.
As India currently holds a seat of Vice Chairperson of Asia Pacific region, it is hosting this meeting in this capacity. Pranab Kumar Das, Chairman of CBIC will chair the meeting.
It will discuss the progress being made in carrying forward various initiatives and programmes of WCO,... Read More
KS Radhakrishnan appointed as a member of Commonwealth Secretariat Arbitral Tribunal (CSAT) for a term of 4 year. Headquarter of the CSAT is in London. He had earlier served as a Supreme Court judge from November 2009 to May 2014. He has also served as the Chief Justice of the High Courts of Gujarat and J&K.
Some of the famous cases dealt by Justice Radhakrishnan as a Supreme Court judge are the Securities Exchange Board of India (SEBI) vs. Sahara Case, Jallikattu Case in 2014 and National... Read More
India’s first Fintech (Financial technology) start-up enabling payments via interoperable UPI(Unified Payments Interface) QR (Quick Response) codes, BharatPe notified its venture into merchant services by launching a new app UPI Bahi Khata that allows merchants to keep a track of their cash/credit (Udhar) sales customer wise, to request the accounts receivable from customers through SMS (Short Message Service) payment links or through WhatsApp and to record accounts that are payable... Read More
India and China signed a protocol for the export of Indian chilli meal to China. This is the fourth protocol signed between the two nations over the past year allowing the export of farm commodities from India.
They agreed to resolve market access issues expeditiously in order to achieve the vision of the leaders of both India and China by promoting a more balanced trade. At the end of the meeting, a protocol was signed for export of chilli meal from India to China.
The protocols for export,... Read More
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