The cabinet has given complete approval for the MoU between India and Iran regarding cooperation in the field of health and medicine.
MoU also includes exchanges of experiences in the training of doctors and other health professionals.
It includes pharmaceuticals, regulation of medical equipment and medical research, cooperation in the field of new technologies and knowledge-based initiatives.
Future Group signed as a partner sponsor
Future Group has been signed as Associate Sponsor with Star India for the forthcoming Vivo-IPL 2018.
Future Group will be an associate sponsor in association with brands such as Asian Paints, Dream 11, MakeMyTrip, which makes the total number of Sponsors 8.
Vivo – IPL 2018 will show 700 million viewers in 5 regional languages including English through many screens and languages.
India’s growth will be 7.3% in the next financial year
Fitch has estimated through imagination that India’s economic growth will reach 7.3 percent in the next financial year and 7.5 percent in 2019-20.
It said that the supply of money reached level before the monetization in mid-2017 and the barrier related to GST gradually reduced.
In Global Economic Outlook report, Fitch has predicted an economic growth of 6.5% in this financial year for the Indian economy.
‘Digital Export-Import’ payment by Yes Bank
Yes, Bank has started a Robotics-based ‘Digital Export-Import’ payment solution as part of the YES Transit Smart Trade Product Suite.
Its aim is to make more than 1 lakh business transactions digital in major geographic areas, including China, US.
This product uses robotics process automation and helps eliminate the need to present documents for import and export payments.
Edelweiss canceled the acquisition of Religare
Edelweiss Group canceled the plan to acquire the securities of Religare Enterprises.
This move was stopped due to the inability of the vendor to get the requisite clearance within the required time frame.
Edelweiss had earlier announced its plan to purchase Religare Business of Religare, which includes securities and merchandise brokerage, and depository partner services.
All Women’s Branch of Karnataka Bank
Karnataka Bank has started its first All India Women’s Branch on Bull Temple Road in Bangalore.
It is 36V opened by the bank during the current financial year 2017-18 and it is a total of 800 V branch of the bank.
Karnataka Bank is a premier banking institution of private sector based in Mangaluru, Karnataka.
TDP out of NDA
The Telugu Desam Party has decided to exit the BJP-led National Democratic Alliance.
On the issue of giving special status to Andhra Pradesh, the BJP and its Andhra ally TDP are facing tension.
With the exit of TDP’s NDA, it has become the first party to leave the coalition since coming to power in the center in 2014.
Chief Justice of Nepal sack
Chief Justice of Nepal, Gopal Parajuli has been dismissed for giving a fake date of birth to stay in office for a long time.
A judicial council concluded that it was supposed to have retired on 7 months before 65 years of Parajuli, who is the retirement age for official posts in Nepal.
The first woman judge to hold the post of defeat was named Chief Justice after 65 years of Sushila Karaki.
Modi inaugurated Science Congress in Manipur
Prime Minister Nirav Narendra Modi will inaugurate 105th Indian Science Congress at Manipur University
In this, 5000 representatives, including so called scientists, scholars and corporate officers from different parts of the country and other countries participated.
This is the first time that Indian Science Congress got being organized in Manipur.
Bhaskaran’s winner won the Reykjavik Open
Bhaskaran of India won the title of 33th Reykjavik Open with a spectacular win in five games out of nine games.
After Abhijeet Gupta (in 2016), the honorable conqueror of the prestigious Reykjavik Open became the only other Indian.
He was the World Under-16 Champion of 2008 and Indian Champion of 2009.
Pranab Mukherjee Foundation started
Former President Pranab Mukherjee and industrialist Ratan Tata formally inaugurated the Pranab Mukherjee Foundation in New Delhi.
This foundation has been established in partnership with various companies including Tata Trust.
The goal of the Foundation is to work in the fields of research, education, and rural development.
ODI status to Nepal
For the first time Nepal got one-day international (ODI) status with a six-wicket victory over Papua New Guinea.
In 1988, Nepal was given affiliate status by the ICC, and it was promoted to Associate Rank in 1996.
After Afghanistan, Nepal is fast moving forward in terms of development.
UN renews South Sudan mission
United Nations Security Council unanimously adopted the resolution of renewing its peace mission in South Sudan for one year.
It also threatened to impose arms restrictions in Sudan if needed.
Its aim is to put pressure on the warring parties of South Sudan as they are joining a new round of peace talks in Ethiopia next month to end the four-year war.
SoftBank Capital Communications In Groffers
Online grocery firm Groophers mobilized Rs. 400 crores during a new funding under the leadership of the Japanese Group Softbank Group.
With a new round of financing, the growers said that it will continue to invest in building private label and supply chain reforms.
Tiger Global and other investors including Apollo Asia are also involved in the financing round.
US Imposes Restrictions on Russia
The US has implemented a series of restrictions on top Russian detective agencies and cyber actors for alleged interference in the 2016 elections and for conducting separate cyber attacks.
This step by the Trump administration is the first answer to Russia’s intervention during election campaign.
The personal chef Yevgeny Pragoghin of Russian President Vladimir Putin is one of the few Americans chosen.
Slovenian Prime Minister resigns
Slovenian Prime Minister Miro Syarar handed over his resignation after a court canceled the results of the government’s referendum.
This step was taken three months before the general election in June.
The Constitutional Court found that the government did not work with fairness as it spent public funds to get a vote in favor of the plan.
Tommy Haas announces retirement
Former world number two tennis player Tommy announced his official retirement from tennis.
Sydney Olympics finished his career with 569 wins.
His most recent solo titles came from victory in 2013 in Vienna and Munich.
Haas reached his career second highest ranking in 2002 and stayed in the top 20 for eight seasons.
Employment News Paper Weekly – Rojgar Samachar