Starred
Articles
World
Environment Day observed globally
Days
> World
Environment Day
World Environment Day
was celebrated throughout the world on the 5th of June, 2015 with a
theme of '7 billion dreams, one planet. Consume with care'. The day
is organised by the United Nations Environment Programme to raise
global awareness, to take positive environmental action, to protect
nature and the planet Earth. The first World Environment Day was
celebrated in the year 1973 and is celebrated since with a different
theme and in a different host city every year, the host city for this
year was Milan.
Barcelona
beat Juventus to claim Champions League Trophy
Sports
> Football
Spanish giants
Barcelona FC defeated the Italian club Juventus FC 3-1 to win the
much coveted title of the European Champions League Trophy at the
Olympic Stadium in Berlin. Sunday's win is Barcelona's third major
title this season after they won the La Liga and the King's Cup. The
goals were scored by Croatian Ivan Rakitic in the fourth minute,
Uruguayan Luis Suarez in the 68th and Brazilian Neymar in the final
few minutes of the game. Juventus became the first team in the
history of the league to lose the finals six times.
Stanislas
Wawrinka wins 2015 French Open title
Sports
> French
Open
The 2015 French Open
title was won by Stanislas Wawrinka who defeated Novak Djokovic to
secure his second career major after the 2014 Australian Open.
Wawrinka's stunning win put an end to Djokovic's dream to secure a
career Grand Slam as he had aspired to win one title from each major
tournament.
Centre:
'Jal Kranti' campaign will have 'Jal Gram', 'Jal Mitra'
Politics
and Government > 'Jal
Kranti' campaign
As a part of the
ambitious 'Jal Kranti' campaign for ensuring maximum utilisation of
water in view of decreasing availability of water, the Centre has
launched a 'Jal Gram Yojana' to zero in on areas which need immediate
help. An index value would be provided to every village on the basis
of demand and availability of water and village with maximum
difference in the value would be included in the Abhiyan. Locals
involved in water related vocations would be trained to be 'Jal
Mitra' who would spread awareness about water related issues. Every
village will have development scheme under which water bodies would
be renovated and new ones would be constructed.
India,
Bangladesh have a settled boundary after 41 long years
India
> Indo-Bangladesh
Land-boundary Agreement
In a historic move,
India and Bangladesh have signed a land-boundary agreement that will
settle their 4,096-km long land boundary dispute after 41 long years.
The Indian Parliament had passed a historic Constitution
Amendment Bill which will operationalise the India-Bangladesh Land
Boundary agreement that provides for exchange of 161 enclaves between
the two countries. The land boundary agreement will end the
misery of 50,000 stateless people struggling with their national
identity. With the border agreement in place, India has now control
of 510 acres of land while Bangladesh will have control of 10,000
acres of land. The two countries also signed 22 agreements, including
on cooperation in maritime safety and to curb human trafficking and
fake Indian currency.
Others
US
Freedom Act signed by Obama to protect privacy of citizens
Citizens of the USA
will have some respite from America's most controversial surveillance
program since 9/11, following the US Freedom Act signed by the US
President Barack Obama. The surveillance program enabled National
Security Agency (NSA) to collect and store telephone numbers, dates
and times of calls from millions of Americans who have no connection
to terrorism. This bill is a critical step in restoring America's
reputation as the leader in protecting the privacy and security of
user data.
10-year
defence framework pact signed by India and the US
India
> Defence
A 10-year defence
framework pact envisaging joint development and manufacture of
defence equipment and technology including jet engines, aircraft
carrier design and construction was signed between India and the US.
The framework agreement was signed between India’s Defence Minister
Manohar Parrikar and visiting US Defence Secretary Ashton Carter and
focuses on areas like maritime security and joint training. The new
framework agreement provides a platform for high level strategic
discussions, continued exchanges between armed forces of both
countries, and strengthening of defence capabilities.
NSDC,
Hindustan Coca-Cola join hands for skill development
Corporate
> NSDC-
Hindustan Coca-Cola
In order to elevate the
employability potential of youth and women, the National Skill
Development Corporation (NSDC) has entered into an agreement with
Hindustan Coca-Cola Beverages Pvt. Ltd. with an aim to equip youth
and women with retail skills. The pact is designed to impart skill
training in retail programmes to 15,000 women through an initiative
called PRAGATI to help prospective women entrepreneurs across the
country.
SBI's
'Youth for India' rural programme gets 15,000 applications
Banking
and Insurance > SBI
SBI's 'Youth for India'
fellowship programme has received an overwhelming response from
15,000 youth indicating rising interest of youth in connecting with
rural India. 100 shortlisted candidates will work with seven NGOs
that have a partnership with the bank. Through the programme SBI
gives a platform to connect urban youth with rural India.
Kotak
Mahindra Bank, ING Vysya Bank sign MoU for cross-border business
Banking
and Insurance > Kotak-ING
Vysya MoU
With a view to meet
varying client needs across several geographies, Kotak Mahindra Bank
has signed a pact with ING Vysya Bank for cross-border business
growth. The MoU will be mutually beneficial as it covers an array of
co-operation in areas such as trade, finance, remittances and
services related to non-resident Indians, funding to counter-parties'
corporate relationships, fee-based products, direct banking and
digital strategy, and cross-border debt capital markets and M&A.
Earlier in April, Kotak Mahindra Bank had announced a merger with ING
Vysya Bank.
TCS
and Infosys make it to 'Asia's 100 most desirable brands'
Corporate
> Asia’s
100 most desirable brands
Two Indian brands –
Tata Consulting Services (TCS) and Infosys have made it to the list
of 'Asia's 100 most desirable brands'. It is a list compiled by the
World Consulting & Research Corporation (WCRC) along with iBrands
360 which includes the most significant brands in Asia such as
Hyundai, Honda, Emirates Airlines, and Alibaba.com etc. All the
brands were selected based on their robust performance and growth
during the last five years.
India
and Bangladesh sign 22 agreements; Reliance Power signs MoU with
Adani Power to build power plants in Bangladesh
World
> India-Bangladesh
India signed 22
agreements with Bangladesh during PM Narendra Modi's visit to the
neighbouring country for co-operation in areas of trade, investment,
education, climate change and Information and Communication
Technology. Along with the agreements the two governments will also
implement the Instruments of ratification of the 1974 Land Boundary
Agreement and its 2011 Protocol.
Meanwhile, two
powerhouses of the Indian energy sector – Reliance Power and Adani
Power have signed a Memorandum of Understanding (MoU) with the the
state run, Bangladesh Power Development Board (BPDB). The two
companies will build a 3000 MW power plant in the company, which will
supposedly provide 35% cheaper power to the country.
Anshu
Jain Co-Chief Executive of Deutsche Bank resigns amid regulatory woes
Corporate
> Deutsche
Bank
The co-chief executive
of Deutsche Bank, Anshu Jain, quit from his position after regulator
hindrances and paranoia among the the employees and investors of the
bank over its performance. Jain is set to be replaced by John Cryan
as the the co-chief executive until the other joint co-chief
executive Juergen Fitschen resigns in May, 2016, which will also end
Deutsche Bank's experimentation of having dual leadership. After
which, John Cryan will become the sole CEO. The bank has faced
several controversies related to regulator investigations pertaining
to money laundering and the rigging of bench-marked interest rates.
0 comments:
Post a Comment