July 11, 2018
- The National Company Law Tribunal (NCLT) ruling has provided validation for the removal of Cyrus Mistry from Tata Sons as well as other Tata group companies.
- The development also empowers the group to convert Tata Sons from an unlisted public company to a privately held company.
- The biggest victory for the company is that it no longer faces the threat of being taken over by any entity in a ’hostile manner’.
- Investors of a privately-held Tata Sons will have to seek permission from its board before selling the stake to another entity, including one with a hostile intent.
- Mistry now
havethe option of challenging the ruling at National Company Law Appellate Tribunal (NCLAT) and later at the Supreme Court.
- Andhra Pradesh topped the ranking of states in the central government’s Ease of Doing Business survey 2017.
- Andhra Pradesh scored 98.42 percent in the third edition of the annual ranking of all states and UTs under the Business Reform Action Plan 2017 (BRAP) conducted by the Department of Industrial Policy and Promotion (DIPP) and the World Bank.
- This is the second time in a row that A.P. achieved the first rank. It was given
- Followed closely by Telangana with a score of 33 percent.
- Official crime data from the National Crime Records Bureau (NCRB) shows that the reported rate of child abductions has more than doubled to reach 119 per million child population (population under 18 years of age).
- The share of child kidnapping in overall kidnappings rose from 23% in 2006 to 40% in
2012 ,and then climbed further to 60% in 2016, NCRB data shows.
- The states that face the worst in terms of the rate of child abductions include Maharashtra and Assam— which has witnessed lynching related to child-lifting rumours—as well as Delhi and Goa.
- Bihar, Assam, Karnataka and West Bengal saw the highest average annual increase in the rate of child kidnappings between 2006 and 2016.
- However, from 2012-16, the share of reported abductions of older children (those aged 16-18) dropped even as the share of reported abductions of younger children (those below 16 years of age) rose sharply to 53% of all child abductions in 2016.
- The share of child kidnapping in overall kidnappings rose from 23% in 2006 to 40% in
- India has become the world’s sixth-biggest economy, pushing France into seventh place, according to updated World Bank figures for 2017.
- India’s gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France.
- India, with around 1.34 billion inhabitants, is poised to become the world’s most populous nation, whereas the French population stands at 67 million.
- WHO Deputy Director-general Soumya Swaminathan asked India to reconsider the clause made by Health Ministry in the Pharmaceuticals sector.
- The Union health ministry’s proposals made in February included a provision for the deceased party in a trial to be paid 60% of the compensation within 15 days if the patient dies or suffers a permanent disability in the course of a trial.
- Additionally, if it is proved after an investigation that the death or disability did not occur because of the trial, the interim compensation will not be returned.
- According to the proposed rules, if the injury is related to a clinical trial in addition to the medical management, the participant would also be provided financial compensation by the sponsor as determined by a proposed Ethics Committee.
- The Ethics Committee is a proposed government body that will ensure medical experiments and research on humans are carried out in an ethical manner and provide feedback on the ethical appropriateness of the trial.
- Nagaland is the most linguistically diverse state in India, with Kerala being the least diverse, as per the release of linguistic data from the 2011 census.
- The analysis is done from industrial economics known as the Herfindahl-Hirschmann Index (HHI).
- Himachal Pradesh has only 3 effective languages with 86% of the population identifying Hindi as their mother tongue.
- The Maharashtra government ordered a Special Investigation Team (SIT) under the additional Director General of the Economic Offences Wing (EOW) to investigate all cases of bitcoin fraud reported from across the state.
- Maharashtra will launch a scheme for farmers “One Farmer, One Transformer” to reduce electricity losses.
- The Gujarat government has given religious minority status to its Jewish Community.
- It was issued by the state’s Department of Social Justice and Empowerment.
- It was announced that the next Pravasi Bharatiya Divas will be held in the holy city of Varanasi in January 2019.
- The theme of the three-day event will be the ‘Role of Indian Diaspora in building a New India’.
- Microsoft has signed an MoU with the Rajasthan government to provide free digital training to 9,500 college students for one year.
- Satyarup Siddhanta has become the second Indian mountaineer after Malli Mastan Babu to climb Mt Ojos del Salado, the highest volcano in the world.
- Satyarup Siddhanta is also set to be the first Indian to climb Mt Sidley which is the highest volcano of Antarctica.
- The book “Winning Like Sourav: Think & Succeed Like Ganguly” has been written by Abhirup Bhattacharya.
- This book speaks about Sourav Ganguly’s trust on talented youngsters that gained India one of its greatest cricketers of all times – Mahendra Singh Dhoni.
- The Western Ghats, one of India’s Hottest Biodiversity Hotspots and UNESCO World Heritage site, has been marked fourth in the Lonely Planet’s top five ‘2018 Best in Asia’
- Odisha Chief Minister Naveen Patnaik announced a ban on the use of plastic in the state from October 2, on the occasion of Gandhi Jayanti.
- In the first phase, plastic will be banned in six places — the pilgrim city of Puri, Bhubaneswar, Cuttack, Berhampur, Sambalpur and Rourkela.
- Food Safety and Standards Authority of India (FSSAI) unveiled ‘The Eat Right Movement’, built on two broad pillars of ‘Eat Healthy’ and ‘Eat Safe’.
- The programme aims to engage and enable citizens to improve their health and well-being by making the right food choices.
- The aim is to cut down salt/sugar and oil consumption by 30% in three years.
- As part of the initiative, Nestle, which sells popular instant noodles brand Maggi, aims to reduce salt by 10%, sugar by 6% and fat by 2.5% on an average by 2022.
- Meanwhile, biscuits manufacturer Britannia aims to cut salt and sugar content by 5% each in the next three years.
- Baba Ramdev’s Patanjali now plans to develop sugar-free Chyawanprash for diabetics and cut sugar content by 3-5% in existing Chyawanprash.
- Starting November, the Indian Railways will start a special train, ‘Shri Ramayana Express’, which will cover important destinations related to the epic in a 16-day journey.
- The train will be flagged off on November 14 from Delhi’s Safdarjung railway station.
- The tour will be spread across India as well as Sri Lanka.
- It will be priced at ₹15,120 per person, which will cover all meals, accommodation, wash and change facilities in dharmashalas, all transfers, sight-seeing arrangements and a dedicated tour manager.
- After leaving Delhi, the train will make its first stop in Ayodhya followed by Hanuman Garhi Ramkot and Kanak Bhawan temple.
- It will then cover the important destinations of Ramayana circuit such as Nandigram, Sitamarhi, Janakpur, Varanasi, Prayag, Shringverpur, Chitrakoot, Nasik, Hampi and Rameswaram.
- Facebook Inc.’s WhatsApp messaging service rolled out a new feature that would clearly mark forwarded messages in a move aimed at curbing the spread of rumours on its platform.
- Two lakh farmers will be given electricity connection for high voltage distribution line which will ensure uninterrupted power supply.
- Google announced Launchpad Accelerator India, a new mentorship program that has been developed exclusively for start-ups based in India, utilising Machine Learning/AI to develop solutions for India’s local needs.
- This is a 3 month accelerator. It will offer mentorship and access to Google’s people, network and technologies, to a group of 8-10 Indian startups.
- An Israeli non-profit group plans to land an unmanned spacecraft on the moon in February in the first landing of its kind since 2013.
- Three countries have landed missions on the moon: the US, Russia and China.
- Israel hopes to be the fourth when it launches a spacecraft this December with an assist from a SpaceX Falcon 9 rocket.
- July 11 – World Population Day
- 2018 theme: “Family Planning is a Human Right”
- World Population Day is celebrated worldwide to spread awareness and discuss issues related to population growth.
- Out of the 7.4 billion (approximately) people in the world, India amounts 1.327 billion which equals to 17.5 percent of the World’s population.
- Despite correcting the employment problem, India is expected to become the World’s youngest country with 64 percent of its population in the working age by 2020.
- Anju Khosla has become the oldest Indian woman to complete an Ironman Triathlon which is one of the toughest one-day sporting events.
- She is 52 years old.
- Fossils of 200 million old species of Giant Dinosaur about three times the size of the largest Triassic dinosaurs found in Argentina.
- The species is baptised