Recommend: Times of India , Economic Times
# 100% business ownership to foreign investors
United Arab Emirates Cabinet has approved a plan to allow foreign investors to own 100% of UAE-based businesses by end of 2018. At present, foreigners generally cannot own more than 49 percent of any UAE firm unless it is incorporated in a special “free zone”. The decision is part of a wider change to the system that would grant residency visas of up to 10 years to investors and specialists.
# Bhosle to be conferred with Banga Bibhushan
Asha Bhosle will be conferred with the highest civilian award of West Bengal, the Banga Bibhushan, by the Chief Minister Mamata Banerjee. She has done playback singing for over a thousand Bollywood movies & has sung in over 20 Indian & foreign languages. Bengal government in 2011 instituted Banga Bibhushan award to recognize the services of eminent personalities from their respective fields.
# First advisory centre for energy regulation
Indian Institute of Technology Kanpur has set up first of its kind Centre for Energy Regulation in the country to strengthen policy and regulatory limitations in energy and power sector. The centre has been set up with the assistance of the UK government. The centre would develop a regulatory database to enable stakeholders in taking more informed decisions.
# BoB launched MSME factory in Gurgaon
Bank of Baroda has launched its first integrated SME Loan Factory in Gurgaon to cater the needs of MSME segment in NCR. It will function as a One Stop Shop’ for MSME customers and will provide end to end solutions viz. acquisition, processing, disbursement & relationship management. BoB has also decided to centralize Government Sponsored Schemes loan processing at the district level.
# National registry of crimes against women
National Crime Records Bureau is in the process of creating a national registry of crimes against women. The move comes against the backdrop of an around 3% increase in crimes against women and a 12% rise in incidents of rape in 2016 as compared to 2015. Majority of cases categorised as crimes against women were reported under “cruelty by husband or his relatives”.
# 1st international football tournament in Iraq
Iraq will host a West Asia Football Federation championship in Basra in November 2018, the first international tournament to be staged in the country since the 1990s. Iraq has not played competitive internationals on home turf since its 1990 invasion of Kuwait. In March 2018, FIFA decided to lift a 30-year-old ban from Iraq on hosting the international football.
# Discussion on governance, data privacy
Justice B N Srikrishna, who heads the committee on framing new data protection norms for India, will chair a panel discussion on governance to be held in New Delhi. The event is hosted by India International Centre (IIC) in collaboration with NITI Aayog and Centre for Policy Research (CPR).
# The discussion on ‘Future of Governance’ will focus on various aspects related to data privacy.
Facts about the Nipah virus
According to WHO, the Nipah virus infection is a newly emerging zoonosis, that is, a disease transmitted from animals to humans. The virus belongs to a new genus termed Henipavirus (subfamily Paramyxovirinae). The symptoms of Nipah are similar to that of influenza: fever, muscle pain, and respiratory problems.
# The Nipah virus has so far lead to 3 deaths in Kerala.
First person to be put on no-fly list Birju Salla, who created a hijack scare onboard a Jet Airways flight in 2017, has become the 1st person to be put on the “National No Fly List”.
He has been banned from flying under highest level of onboard unruly behaviour that entails grounding from 2 years to lifetime. A person put on the no-fly list can’t fly by any flight of that airline, international or domestic, for grounded period.
# Pawan Singh named RTS Jury chief
India’s former shooter & national coach Pawan Singh has been appointed as the Chairman of Result Timing Score Jury by the International Shooting Sports Federation for the ISSF World Cup in Munich. With this appointment, Singh became the first Indian to chair the RTS Jury at a senior World Cup. He would be responsible to resolve any score related issue and provide an accurate result on time.
# Messi won European Golden Shoe
Barcelona striker Lionel Messi has won his 5th European Golden Shoe after his team defeated Real Sociedad in their final La Liga match of the season. Messi won the award with 34 goals, for a total of 68 points during the 2017-18 season. Messi is the only player to have won the European Golden Shoe 5 times. 4-time winner Cristiano Ronaldo finished 9th after scoring 26 goals for Real Madrid.
# Satellite to explore dark side of moon
China has launched a relay satellite “Queqiao” designed to establish a communication link between earth and a planned lunar probe that will explore the dark side of the moon. The launch is a key step for China to realize its goal of being the first country to send a probe to soft-land on & rove the far side of the moon.