Member states of the International Organization for Migration (IOM) elected Portugal's Antonio Manuel de Carvalho Ferreira Vitorino as the IOM's next Director General.
IOM's current Director General, William Lacy Swing, will be stepping down after completing the second of two five-year terms.
Vitorino is expected to begin his directorship on Oct. 1 of 2018.
International Day of Parliamentarism
For the first time, June 30 this year is celebrated as the International Day of Parliamentarism. It is also the date, in 1889, on which the Inter-Parliamentary Union (IPU) - the global organization of parliaments - was established.
Japan to Buy Advanced U.S. Radar
Japan will buy a U.S.-made advanced radar for its multibillion-dollar missile defence system, an upgrade that could help ease trade friction with Washington and provide cutting-edge protection against the arsenals of North Korea and China.
International Day of the Tropics is a United Nations observance held annually on June 29. Its main goal is to raise public awareness of the tropical areas, the challenges they face, and the emerging opportunities they present.
The tropics are a region of the Earth surrounding the equator. They are located between the Tropic of Capricorn in the Southern Hemisphere and the Tropic of Cancer in the Northern Hemisphere.
According to RBI, India's external debt stood at $529.7 billion at the end of March 2018, recording an increase of $58.4 billion year-on-year, primarily on account of a rise in commercial borrowings, short-term debt and non-resident Indian deposits.
ICICI Bank's New Chairman
ICICI Bank has appointed former bureaucrat Girish Chandra Chaturvedi as non-executive, part-time chairman and an independent director of the board for three years with effect from July 1. He replaces ICICI Bank's present chairman M.K. Sharma whose term is to expire on June 30.
Mr. Chaturvedi, a former Indian Administrative Service officer, retired in 2013 as the petroleum secretary. He has also served on the boards of Canara Bank, Bank of Baroda and IDBI Bank as a government nominee.
Emasek Buys Stake in Adani Ports
Singapore-based investment firm Temasek Holdings has acquired stake worth Rs. 1,000 crore in Adani Ports and Special Economic Zone through open-market transactions.
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