Macedonia recently signed an accord to become the 30th member of the US-led alliance North Atlantic Treaty Organization. Macedonia's Foreign Minister Nikola Dimitrov signed the formal accord to formally join the International alliance
NATO HQ: Brussels, Belgium
A recent Hindu Kush Himalaya study warned that if global climate efforts fail, then the current emissions would lead to 5 degrees in warming and a loss of 2/3rd of the Himalayan region’s glaciers by 2100.
Himalayas are known as Young fold Mountains.
India & Germany decided to work on developing reference documents for the textile sector, Water Governance, Marine Litter, waste to energy landfill sites, water quality management, training and capacity building of local bodies and Circular Economy.
German Chancellor: Angela Merkel (since 2005)
Textiles Minister Smriti Irani launched India Size, which aims to arrive at a standard Indian Size for the ready-to-wear clothing industry, on the lines of the standardized sizes available in countries such as the USA and the UK
Minister of State for Textile Ministry- Ajay Tamta
RBI recently imposed a penalty of Rs. 1 crore on Union Bank of India for delay in exchange of information concerning the conduct of the borrower's account with other financial lenders
UBI Headquarters: Mumbai; CEO: Rajkiran Rai G
US President Trump nominated David Malpass, an economist currently working as the undersecretary for international affairs at the Treasury Department of the US government to head the World Bank as its new President
World Bank Headquarters: Washington D.C., United States
Air India Ltd.’s Chairman and Managing director Pradeep Singh Kharola got appointed as the new secretary to civil aviation Ministry. He is a 1985 batch IAS officer who was appointed the head of Air India in November 2017
Union Minister for Civil Aviation- Suresh Prabhu
Cabinet Committee on Economic Affairs gave approval for the creation of Agri-Market infrastructure fund for development and upgradation of Gramin Agriculture Markets, with a corpus of Rs 2000 crore rupees with NABARD
NABARD Chairman: Harsh Kumar Bhanwala
Union Cabinet gave approval for amendments to the Cinematograph Act, 1952, in order to tackle film piracy and Copyright infringement, putting penal provisions for unauthorized cam-cording and duplication of films.
Union Minister for Law & Justice- Ravi Shankar Prasad
Amended Bill would provide for severe punishment & fines bill creates 3 different types of offences- running of Unregulated Deposit Schemes, fraudulent default in Regulated Deposit Schemes, and wrongful inducement in relation to the scheme
Cabinet Committee on Economic Affairs is headed by PM Modi