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Daily Current Affairs of 21st November 2018
International Current Affairs
- Indian President Ram Nath Kovind arrived in Australia today for a 4-day visit.
- With this, Kovind became the 1st Indian head of state to visit Australia.
- President Kovind visited the ANZAC Memorial in Sydney and paid his tributes to the soldiers who lost their lives during the first World War.
- He also addressed the Indian diaspora in the city.
- The Maldives is going to rejoin the Commonwealth after 2 years following the cabinet's approval backing the move.
- The Maldives had quit the Commonwealth in 2016, accusing it of interfering in its domestic affairs.
- The Third Committee of the UN General Assembly has adopted a resolution on sexual harassment.
- This is the 1st of its kind resolution on sexual harassment at the world body.
- The resolution serves as a normative framework on work against sexual harassment, urging member states to condemn violence against women and girls, including sexual harassment, and pursue a policy of eliminating such violence.
- The Summit of APEC Countries was recently held in Port Moresby (Capital of Papua New Guinea).
- Important Note : This is the 1st time Papua New Guinea (PNG), the poorest of the 21 countries in APEC, has hosted the summit.
- About APEC :
- APEC : Asia-Pacific Economic Cooperation
- Established in : 1989
- Headquarters : Singapore
- Member Countries : 21
- Chairperson : Peter O'Neill (Papua New Guinea)
- Executive Director : Alan Bollard (New Zealand)
Banking, Business & Economic Affairs
- The Income Tax Department today announced that quoting of father's name in PAN application forms will not be mandatory in cases where the applicant's mother is a single parent.
- The new rules will come into effect from 5TH December 2018.
- Saudi Arabia and the United Arab Emirates (UAE) have pledged $500 million in aid to war-torn Yemen as millions of people in the country face starvation.
- According to the United Nations, Yemen is facing the world's worst humanitarian crisis, where over 22 million people rely on humanitarian assistance.
- Ten thousand people are estimated to have been killed in Yemen's civil war since 2015.
MOUs & Agreements
- India and Russia today signed a $500-million deal to build two warships in Goa for the Indian Navy.
- The Goa Shipyard Limited and Russia's Rosoboronexport signed the agreement for the Grigorovich-class 'Project 11356' frigates with technology transfer from Russia.
- The construction of the warships will begin in 2020 and the first one will be delivered in 2026.
Books & Authors
- The Minister of State for Development of North Eastern Region, Dr. Jitendra Singh released a book titled ‘Radio Kashmir – In Times of Peace & War’ written by Dr Rajesh Bhat.
- The book depicts the unique distinction earned by Radio Kashmir by serving people and the nation, in this region, fostering and strengthening democratic institutions in the State.
New Appointments
- Facebook-owned WhatsApp has named merchant payments platform Ezetap's Co-founder and CEO Abhijit Bose as its 1st India head.
- Bose, who will be based in Gurugram, has a Mechanical Engineering degree from Cornell University and an MBA from Harvard Business School.
- 14 year old Millie Bobby Brown, who stars in the Netflix series 'Stranger Things', has been named as the UNICEF's youngest-ever Goodwill Ambassador.
- South Korea's Kim Jong-yang has been elected as the new President of Interpol (International Criminal Police Organization).
- He was elected by the Interpol's 194 member states at the organisation's annual congress in Dubai.
- Kim succeeds Meng Hongwei who stepped down following his detention in China on bribery and corruption charges.
- SoftBank is going to appoint venture capitalist Sumer Juneja as its India head.
- He is currently working as an executive for American investment firm Norwest Venture Partners.
- Online travel portal MakeMyTrip has appointed former PepsiCo executive Vipul Prakash as the Chief Operating Officer (COO) of MakeMyTrip and its subsidiary Goibibo.
- Prakash will be responsible for developing and executing strategic direction and priorities of the company.
- Volkswagen Group has announced that Gurpratap Boparai, Managing Director of Skoda Auto India, will also become MD of Volkswagen India with effect from 1st January 2018.
- IT services major Wipro has appointed former IBM executive Bill Stith as the Senior Vice President and Global Head of the company's healthcare and life sciences division.
- He is going to replace Jeff Heenan-Jalil who resigned in August.
- Incumbent Fijian Prime Minister Voreqe Bainimarama was sworn in for a second term after his ruling Fiji First party won this year’s general elections.
- He was sworn in by President Jioji Konrote in the presence of representatives and high officials of the executive, legislative and judicial arms of the government.
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