India Wins IEC Vice Presidency and Strategic Management Board Chair for 2023-25
India won the International Electrotechnical Commission (IEC) Vice Presidency and Strategic Management Board (SMB) Chair for the 2023-25 term.
IEC is an international standard setting body that publishes international standards for all electrical, electronic and related technologies, while SMB is an apex governance body of IEC responsible for technical policy matters.
India's representative Vimal Mahendru, a member of the Indian National Committee of the IEC and various technical committees of Bureau of Indian Standards (BIS-India), was elected as IEC vice president.
Qatar Signs World's 'Longest' Gas Supply Deal with China
QatarEnergy signed a 27-year deal to supply China's Sinopec with liquefied natural gas in the longest such LNG agreement to date as volatility drives buyers to seek long-term supplies.
Since Russia's invasion of Ukraine in February, competition for LNG has become intense, with Europe in particular needing vast amounts to help replace Russian pipeline gas that used to make up almost 40% of the continent's imports.
Asian countries led by China, Japan and South Korea are the main market for Qatar's gas, which is increasingly being sought by European countries since Russia's invasion of Ukraine.
Nov 26, 2022
Prof. Venu Gopal Achanta Elected as a Member of International Committee for Weight and Measures
Prof. Venu Gopal Achanta, Director, CSIR-National Physical Laboratory (CSIR-NPL), New Delhi, was elected as a member of the International Committee for Weights and Measures (CIPM). The 27th General Conference on Weights and Measures (CGPM) meeting was held in Paris, France. Prof. Achanta is among the 18 members elected from different countries and he is the 7th Indian to be elected to the CIPM. The first Indian to be elected as a member of CIPM was Dr. K.S. Krishnan, the founder Director of CSIR-NPL. The last Indian to be elected was Prof. E. S. R. Gopal, the then Director, and CSIR-NPL (1991-1997).
At present, 64 countries are members of CGPM and it meets every 4 years at the International Bureau of Weight and Measure (BIPM), France.
The CIPM is a supreme international committee which functions under the authority of the General Conference on Weights and Measures (CGPM).
CGPM was set up under the Meter Convention signed on 20th May 1875 in Paris. It is responsible for development and implementation of International Systems of Unites, universally abbreviated as SI.
Nov 25, 2022
UK PM Sunak, wife Akshata Murty Figure on 'Asian Rich List 2022' in UK
British Prime Minister Rishi Sunak and his wife Akshata Murty made their debut on the UK's 'Asian Rich List 2022' topped by the Hinduja family.
Sunak and his wife, whose father N. R. Narayana Murthy co-founded Indian IT major Infosys, are ranked 17th on the list, with an estimated wealth of 790 million pounds.
The combined wealth of this year's list sits at 113.2 billion pounds, an increase of 13.5 billion pounds over that of last year.
The list is topped by the Hinduja family for the eighth consecutive time with an estimated wealth of 30.5 billion pounds, an increase of 3 billion pounds from the last year.
Pakistan PM Names Former ISI Chief Lt Gen Syed Asim Munir as New Army Chief
Pakistan appointed Lt Gen Asim Munir as its next Army chief. He will replace Gen Qamar Javed Bajwa, who retires on November 29 after two consecutive three-year terms.
Munir has served as chief of the Inter-Services Intelligence (ISI) and the Military Intelligence (MI) – his stint at the ISI was the shortest ever as he was replaced by Lt Gen Faiz Hamid within eight months on the insistence of then Prime Minister Imran Khan in 2019.
Meanwhile, Lt Gen Sahir Shamshad Mirza was appointed as Chairman of the Joint Chiefs of Staff Committee (CJCSC).
Nov 24, 2022
Anwar Ibrahim Becomes Malaysia PM after Decades of Waiting
Veteran opposition leader Anwar Ibrahim finally became Malaysia's Prime Minister, capping a tumultuous political career that veered from coming close to clinching the top job on more than one occasion to spending years in prison on sodomy charges.
Anwar's reformist Pakatan Harapan will lead the next government as King Sultan Abdullah Sultan Ahmad Shah chose him. The monarch intervened after no alliance secured a majority in a general election in which Anwar's coalition won the most seats.
Pakatan Harapan got the most seats in the general elections, 82 out of 220 up for grabs that day, but fell short of winning a majority, leading to the first hung parliament in the nation's history.
Australian PM Albanese Announces Free Trade Agreement with India
Australian Prime Minister Anthony Albanese announced that his country's Free Trade Agreement (FTA) with India was passed in the Parliament. According to Australia, the agreement will help secure them a foothold in the world's fastest-growing economy and enable Australian businesses to unlock or expand their operations in a market of nearly one and a half billion consumers. Last week, Australian trade minister Don Farrell said the agreement presents an enormous opportunity for services companies and professionals from his country to access the 140 crore-strong Indian markets.
The deal is extremely crucial for Australia as they want to diversify exports from China. Relations between the two countries are strained over Beijing's increasing dominance in the South Pacific Ocean.
Under FTA, Australia will offer zero-duty access to India for about 96 per cent of its exports (by value) from Day One. Labor-intensive industries in India such as gems & jewelry, textiles, leather & footwear, furniture, food & agricultural products, automobiles, railway wagons, medical devices, and engineering products will benefit the most. Australia hopes that with FTA, Indian goods will become competitive and cheaper in their market and replace Chinese products in the long run.
Fourth Edition of Indo-Pacific Regional Dialogue in New Delhi
The three-day apex-level regional strategic dialogue of the Indian Navy, the "Indo-Pacific Regional Dialogue 2022" (IPRD-2022) began in New Delhi. The IPRD is an annual international conference that seeks to foster exchange of ideas and promote deliberations on maritime issues relevant to the Indo-Pacific which, for India, stretches over a vast, predominantly maritime expanse from the eastern shore of Africa to the western shore of America.
The National Maritime Foundation (NMF) is the Navy's knowledge partner and chief organiser of each edition of the event.
The aim of each successive edition of the IPRD is to review both opportunities and challenges that arise within the Indo-Pacific. Through this annual dialogue, the Indian Navy and the NMF continue to provide a platform for incisive discussions pertaining to the geopolitical developments affecting the maritime domain of the Indo-Pacific.
Nov 23, 2022
Indian Embassy Organised Indian Film Festival in Korea
The 10th Indian Film Festival in Busan was held from Nov 18-20, 2022 in South Korea. It was organised by the Swami Vivekananda Cultural Centre, Embassy of India Seoul and supported by the Directorate of Film Festival, Ministry of I&B.
This Film Festival is a part of the ongoing annual flagship cultural programme of Embassy of India (Seoul) 'SARANG – The Festival of India in Republic of Korea'. The first was screened on this platform was Padmavat (Hindi movie).
21st World Congress of Accountants Held in Mumbai
ICAI hosted the 21st World Congress of Accountants 2022 from November 18-21, 2022 at Jio World Centre, Mumbai, Maharashtra.
The 4-day event was inaugurated by Om Birla (Speaker of Lok Sabha) and attended by the Union Minister of Commerce and Industry, Piyush Goyal.
Its theme for the year 2022 was, "Building Trust Enabling Sustainability". WOCA has been organised in every four years since 2002. WCOA has been held under the auspices of the International Federation of Accountants.
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