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May 17, 2018

[CA] Headlines Today [May 17, 2018]


 Around INDIA
# Supreme Court on Cauvery
·       Rejected Karnataka’s plea to postpone the hearing on the draft Cauvery management scheme till the first week of July
·       Centre could not have the final say in the event of any dispute among the States over the water-sharing as it proposed; Supreme Court said the Central government’s authority is not final.
# Swachh Surveskshan 2018
·       Indore emerged as the cleanest city in India followed by Bhopal and Chandigarh
·       Jharkhand was adjudges the best performing State followed by Maharashtra and Chhattisgarh
# Former Calcutta High Court Judge, C. S. Karnan, who was jailed by the Supreme Court for contempt of court, launched the Anti Corruption Dynamic Party (ACDP) in Kolkata and said his party will contest the 2019 Lok Sabha elections
# Finance Ministers of Andhra Pradesh, Kerala, West Bengal, Puducherry, Punjab and Delhi to meet President, Mr. Ram Nath Kovind to submit a memorandum against the “unfair” Terms of reference (TOR) of the 15th Finance Commission
# Union Cabinet approved an Ordinance which will replace the existing Central Council of Homoeopathy (CCH) with a board of Governor
·       The members of the board of Governor will replace the existing functionaries of the CCH and will comprise seven persons who will be eminent homeopathy practitioners and administrators. They will be appointed by the government
# Union Cabinet approved a national policy on biofuels that seeks to not only help farmers dispose of their surplus stock in an economic manner but also reduce India’s oil-import dependence
·       The policy expands the scope of raw material for ethanol production by allowing use of sugarcane juice, sugar containing materials like sugar beet, sweet sorghum, starch containing materials like corn, cassava, damaged food grains like wheat, broken rice, rotten potatoes [that are] unfit for human consumption for ethanol production
·       The policy allows use of surplus food grains for production of ethanol for blending with petrol with the approval of National Biofuel Coordination Committee
# Union Cabinet approved the establishment of NIMHR (National Institute of Mental Health rehabilitation) at Bhopal
# Union Cabinet approved the establishment of a Central University by the name of “Central University of Andhra Pradesh” in Janthaluru Village of Ananthapur Dt in Andhra Pradesh
# Union Cabinet approved a mechanism to strengthen commercial dispute resolution between central public sector enterprises (CPSEs) through an institutionalized framework
# Union Cabinet approved the MoU between India and Morocco in the legal field
# Union Cabinet approved the MoU between India and Suriname for cooperation in the field of electoral management and administration
# Union Cabinet approved the MoU between India and Colombia in the field of traditional systems of medicine
# Cabinet Committee on Economic Affairs, has given its approval to the proposal of the DIPP regarding development of Trunk Infrastructure Components for Integrated Multi Modal Logistics Hub known as “Freight Village” at Nangal Chaudhary, Haryana
TAMIL NADU
 # +2 results out; pass percentage dips; Virudhunagar Dt comes first and Villupuram Dt comes last
STATES SCAN
# Assam: Guwahati becomes India’s first railway station run by solar power
# Uttarakhand: For the first time, Chief Minister, Mr. Trivendra Singh Rawat held a cabinet meeting in a floating restaurant on the Tehri Lake
WORLD
# Guatemala: Inaugurated its Israeli embassy in Jerusalem, becoming the first country to follow in the footsteps of the U. S.
# North Korea: threatens to call off summit with USA, if US insists North Korea unilaterally gives up nuclear weapons; North Korea also cancelled the talks with South Korea in protest against the US – South Korea joint military exercise “Max Thunder”
# Palestine: The Palestinian Authority has recalled its envoys to Romania, the Czech Republic, Hungary and Austria after their Ambassadors attended an Israeli reception marking the U. S. Embassy’s move to Jerusalem
# World Health Organisation launched a campaign called “REPLACE” to eliminate trans fat in foods by 2023
ECONOMICS
# BSE (Bombay Stock Exchange), Asia’s oldest stock exchange become the first Indian exchange to be recognized as a designated offshore securities market (DOSM) by the U. S. Securities and Exchange Commission (SEC)
·       The DOSM status allows sale of securities to U. S. investors through the trading venue of BSE without registration of such securities with the U. S. SEC and thus eases the trades by U.S. investors in India
# Cell for IPR Promotion and Management (CIPAM) organized a conference on successful completion of two years of the National Intellectual Property Rights (IPR) Policy adopted by the Government of India in New Delhi
# The first ever International Rail Coach Expo (IRCE) focusing on Rail Coaches and Train sets was held in Chennai
MISC
# Book “Who Owns that Song? The Battle for Subramania Bharati’s Copyright” by A. R. Venkatachalapathy

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