ED Director S. K. Mishra's Tenure Extended by One Year
The Union government has extended the tenure of ED Director Sanjay Kumar Mishra by a year after modifying his appointment order that was issued in 2018.
Mishra is a 1984-batch Indian Revenue Service officer of the Income Tax cadre and was appointed the Enforcement Directorate chief in November 2018.
His tenure was to end the next week at the ED director's post comes with a fixed term of two years.
The ED is a central investigative agency that enforces two central laws—the Prevention of Money Laundering Act (PMLA) and the Foreign Exchange Management Act (FEMA).
These laws were enacted to curb money laundering, terror financing, black money and hawala or illegal financial transactions that have cross-border ramifications.
Nov 14, 2020
Japanese Astrophysicist Masatoshi Koshiba Passes Away
Japanese astrophysicist Masatoshi Koshiba, a co-winner of the 2002 Nobel Prize in physics for confirming the existence of elementary particles called neutrinos, passed away at the age of 94. He was a distinguished professor at the University of Tokyo.
Nov 13, 2020
Jerry Rawlings Ghana's Former President Dies
Ghana's former President Jerry John Rawlings died at the age of 73.
He led two coups, first in 1979, before twice being elected President in multiparty polls.
A charismatic figure, he first seized power railing against corruption and was responsible for executing several former heads of state for their alleged graft and mismanagement.
He was also seen as a champion of the poor, but came to be criticised for alleged human rights abuses.
Nov 12, 2020
Bahrain's Prime Minister Prince Khalifa bin Salman Al Khalifa Passes Away
Bahrain's Sheikh Khalifa bin Salman al-Khalifa, the world's longest serving Prime Minister and a staunch ally of neighbouring Saudi Arabia and the United States, passed away at the age of 84.
Sheikh Khalifa was a dominant figure in the Gulf island's politics for much of his near half century in power.
Khalifa, the uncle of King Hamad bin Isa al-Khalifa, had served as Prime Minister since the Sunni Muslim-led island kingdom declared independence from Britain in 1971, almost half a century. The al-Khalifa family has ruled since 1783.
Nov 11, 2020
Indian Diplomat Vidisha Maitra in UN Advisory Committee
Indian diplomat, Vidisha Maitra has been elected to the UN's Advisory Committee on Administrative and Budgetary Questions (ACABQ). The election was a tightly contested one but Maitra won with 126 UN members supporting her candidature for the only post for the Asia-Pacific group while 64 voted for the opposing candidate who was from Iraq.
India has been a member of the committee since its inception in 1946. India's win in this committee comes as India also prepares to take a seat as one of 10 non-permanent members in the UN Security Council for a two year period starting 1 January 2021.
A. K. Singh to Head Petronet LNG
Indian Oil Corp (IOC) director-pipelines Akshay Kumar Singh will be the new Managing Director and Chief Executive of the country's biggest gas importer, Petronet LNG Ltd. He will replace Prabhat Singh who completed his 5-year term.
Petronet is a joint venture of IOC, GAIL, Oil and Natural Gas Corp (ONGC) and BPCL. The four state-owned firms hold 12.5 per cent stake each in the company whose chairman is the Oil Secretary. Petronet operates liquefied natural gas (LNG) import terminal at Dahej in Gujarat and Kochi in Kerala.