Daily Current Affairs, 27th July 2018 - VISION

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Friday, July 27, 2018

Daily Current Affairs, 27th July 2018







1) 6th India-UK Science & Innovation Council Meeting Held In New Delhi
•The 6th India-UK Science & Innovation Council (SIC) meeting held in New Delhi discussed a range of issues on S&T cooperation between the two countries.

•Dr. Harsh Vardhan, Minister of Science & Technology, Earth Sciences & Environment, Forests and Climate Change, India and Mr. Sam Gyimah, Minister for Universities, Science, Research and Innovation, UK led the Indian and UK delegations respectively. 

2) Parliament Passes Fugitive Economic Offenders Bill 2018
•The Parliament approved a legislation to help the government bring back fugitives involved in white-collar crimes to stand trial in India. The fugitive Economic Offenders Bill, 2018 will become law after the President’s assent and will empower the government to seize both local and overseas assets of alleged offenders, such as Vijay Mallya, Nirav Modi and Mehul Choksi.

•This will help the government confiscate properties of fugitives even before they are convicted. The bill also provides for confiscation of benami properties. ED will be the apex agency to implement the law. 

3) Karnataka Tops In Renewable Energy: IEEFA Report
•According to the US-based Institute for Energy Economics and Financial Analysis (IEEFA) report, Karnataka is the new national leader in renewable energy generation. It has surpassed Tamil Naduthat had for quite some time been India's best renewable market. 

•Karnataka has a sum of 12.3 gigawatts (GW) of renewable capacity installed till March 2018. IEEFA's report was titled as "Karnataka's Electricity Sector Transformation"

4) IRDAI Forms Panel To Review 3rd Party Motor Cover Costs
•Insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) has constituted a 16-member committee to examine motor third party insurance pricing aspects and make recommendations on the premium rates for 2019-20. IRDAI Member P.J. Joseph has been appointed as the Chairman of the committee. 

•This is for the first time IRDAI has formed such a committee. The committee has also been tasked to revisit the classification of vehicles, in view of the development in the industry. 

5) Ramon Magsaysay Award Winners 2018 Announced: Complete List Of Winners
•The Ramon Magsaysay Award is an annual award established to perpetuate former Philippine President Ramon Magsaysay's example of integrity in governance, courageous service to the people, and pragmatic idealism within a democratic society.

•Two Indians, Bharat Vatwani (for Restoring Health & Dignity to troubled lives) and Sonam Wangchuk (for Harnessing nature, culture & education) made the country proud as their names figured in the list of 2018 Ramon Magsaysay Award winners.

•Here is the Complete list of winners of the Ramon Magsaysay Award 2018: 


Sl.
No.
Winner
Country
1.
Bharat Vatwani
India
2.
Sonam Wangchuk
India
3.
Youk Chhang
Cambodia
4.
Maria de Lourdes Martins Cruz
East Timor
5.
Howard Dee
Philippines
6.
Vo Thi Hoang Yen
Vietnam