1. Ferdinand Marcos Jr. is sworn in as the Philippines 17th president
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Ferdinand Marcos Jr. sworn in as the 17th President of the Philippines.
Ferdinand Marcos Jr took the oath at the National Museum of Fine Arts in Manila.
Ferdinand Marcos Jr. will serve as president until 2028.
Ferdinand Marcos Jr. has replaced Rodrigo Duterte, who served as the President of the Philippines from 2016 to 2022.
Sara Duterte Carpia has been elected Vice President.
Marcos Jr. won the presidential election in May with 60 percent of the vote over rival Maria Leonor Robredo.
The President is the head of the executive branch of the Philippine government. The President is directly elected by the people.
The term of the President in the Philippine Constitution is six years.
About Philippines
The Philippines is a country located in Southeast Asia.
It got complete independence on 4 July 1946 after the Second World War.
It is the country with the fifth longest coastline in the world.
The Philippines is the second largest producer of geothermal energy in the world, after the United States.
Capital - Manila
Currency - peso
2. Indian origin T Raja Kumar takes over as President of FATF
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Indian-origin T Raja Kumar has taken over as the chairman of the Financial Action Task Force (FATF), the world's anti-terror financing agency.
He has over 35 years of experience in leadership and operations in Singapore's Ministry of Home Affairs and Police Forces.
Raja Kumar will replace Dr. Marcus Pleier as head of the FATF and will hold the position for two years.
Raja Kumar has played a major role in the field of security with strategic partners such as Interpol and the UN.
Since July 2018, he has also been a member of the Steering Group, which advises the FATF President.
Since 1992, Singapore has been a member of the FATF.
Raja has been instrumental in directing Singapore's efforts to combat money laundering and the financing of terrorism.
Financial Action Task Force (FATF)
It was formed in the year 1989 at the meeting of G-7 countries held in Paris.
It works to generate the necessary political will to bring about legislative and regulatory reforms in the world on issues like money laundering, terror funding.
Headquarters - Located in the headquarters of the Organization for the Development of Economic Co-operation (OECD) in Paris.
Member Countries - 39 member countries including India and 2 regional organizations (European Commission and Gulf Cooperation Council).
India became a member of FATF in the year 2010.
Its sessions are held three times a year.
3. Sandeep Kumar Gupta will be the new chairman of GAIL
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Indian Oil Corporation Finance Director Sandeep Kumar Gupta has been appointed as the head of GAIL (India) Limited, India's largest gas company.
Public Enterprises Selection Board (PESB) has selected Sandeep Kumar Gupta for the post of Chairman and Managing Director of GAIL after interviewing 10 candidates.
He will succeed Manoj Jain who is going to retire on August 31.
The tenure of Sandeep Kumar Gupta will be till February 2026.
Gupta is also involved in the board of IOC Middle East FZE, Dubai and Indian Oil Petronas Pvt Ltd.
About GAIL (India) Limited -
GAIL (India) Limited is the apex gas exploration company in India.
It works under the Ministry of Petroleum and Natural Gas, Government of India.
Established- August 1984
Headquarters- New Delhi, India
4. Justice Ujjal Bhuyan appointed as the fifth Chief Justice of Telangana High Court
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At the Raj Bhavan in Hyderabad, Governor Dr. Tamilasai Souradyarajan administered the oath of office to Justice Ujjal Bhuiyan as the Chief Justice of Telangana.
Ujal Bhuiyan is the fifth judge in the High Court of Telangana, which came into existence in 2019.
He replaced Justice Satish Chandra Sharma, who was transferred to the Delhi High Court.
The Supreme Court Collegium had recommended the elevation of Telangana High Court judge Justice Bhuiyan as Chief Justice.
He is also the Executive Chairman of Telangana State Legal Services Authority.
High Court - Organisation, Powers and Powers
High Courts have been constituted under Article 214, Chapter 5, Part 6 of the Constitution of India.
Under Article 216 of the Constitution of India, each High Court is composed of a Chief Justice and another Judge as may be determined by the President from time to time.
They are appointed by the President under Article 217.
The President may, in consultation with the Chief Justice of India, transfer any Judge of a High Court to another High Court under Article 222.
Under Article 226 of the Constitution, the High Courts have wide powers to issue writs.
At present the number of High Courts in India is 25.
The first High Court of India was established in 1862 AD in Mumbai, while the 25th High Court of the country was established at Amaravati in Andhra Pradesh on January 1, 2019 AD as Telangana High Court.
At present, the salary of the Chief Justice of the High Court is ₹ 250000 per month and the salary of other judges of the High Court is ₹ 225000 per month.
The retirement age of judges of high courts has been increased from 62 years to 65 years by the 104th Constitutional Amendment Bill, 2010.
5. Nitin Gupta appointed as Chairman of CBDT
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IRS Nitin Gupta has been appointed as the new chairman of the Central Board of Direct Taxes (CBDT) by the Government of India.
Nitin Gupta will succeed Sangeeta Singh who was given the additional charge of CBDT chief after the retirement of JB Mohapatra on 30 April 2022.
Nitin Gupta is a 1986 batch IRS officer.
Nitin Gupta has been working as Member (Investigation) in CBDT since September 2021.
About Central Board of Direct Taxes (CBDT)-
CBDT i.e. Central Board of Direct Taxes is a part of the Department of Revenue in the Ministry of Finance.
CBDT is empowered by the Board of Revenue Act 1963.
CBDT provides necessary inputs for direct tax policies and schemes in India. Also it is responsible for the administration of direct tax laws through the Income Tax Department.
All matters relating to direct taxes in India were entrusted to the Central Board of Direct Taxes with effect from 1 January 1964.
The CBDT is headed by the Chairman and can have six members, who are of the rank of Special Secretary.
It is the administrative body for the Income Tax Department.
6. Former President Dr. A.P.J. Abdul Kalam's seventh death anniversary
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Former President Dr. A.P.J. Abdul Kalam's seventh death anniversary is being celebrated.
About Dr. A.P.J. Abdul Kalam -
Dr. A.P.J. Abdul Kalam was born on 15 October 1931 in Rameswaram, Tamil Nadu.
He served as the 11th President of India from the year 2002 to the year 2007.
Dr. Kalam joined the 'Indian Space Research Organisation' in 1962 and there he got the credit of making India's first indigenous satellite (SLV-llll) missile as a project director.
Abdul Kalam is considered the father of India's missile program.
The United Nations (UN) designated 15 October as World Students Day in the year 2010 to mark the birthday of Dr. Kalam.
Dr. Kalam was awarded honorary doctorates by 48 universities and institutions in India and abroad.
He also served as the Chief Scientific Adviser to the Prime Minister from 1992 to 1999.
Dr. Kalam was awarded the Padma Bhushan in the year 1981, the Padma Vibhushan in the year 1990 and the 'Bharat Ratna' in the year 1997.
He died of cardiac arrest on 27 July 2015 during an event at the Indian Institute of Management, Shillong.
Dr. Abdul Kalam also wrote many books, the main ones are -
India 2020: A Vision for the New Millennium (1998)
Wings of Fire: End Autobiography (1999)
Ignited Minds: Unlearning the Power Within India (1999)
Mission India
7. SS Mundra appointed new chairman of BSE
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Approval has been given for the appointment of SS Mundra as the new Chairman of BSE Limited. Mundra was earlier Public Interest Director in BSE.
SS Mundra will replace the current chairman of BSE, Justice Vikramjit Sen.
SS Mundra
On 30 July 2017, Mundra retired as a deputy of the Reserve Bank of India after a tenure of three years.
He has a banking career spanning over four decades and has held several important positions. These include -
Union Bank of India - Executive Director
Bank of Baroda - Chief Executive (European Operations)
OECD's International Network- Vice President on Financial Education (INFE).
He has also served on the boards of several companies such as:
Central Depository Services (India) Limited (CDSL)
Clearing Corporation of India Limited (CCIL)
IndiaFirst Life Insurance Company Limited
India Infrastructure Finance Corporation (UK) Limited
National Payments Corporation of India Limited, etc.
About BSE Limited -
Bombay Stock Exchange (BSE) also known as BSE Limited.
It is an Indian stock exchange located at Dalal Street, Mumbai.
This organisation was founded in the year 1875 by Premchand Roychand.
It is the oldest stock exchange in Asia and the tenth oldest stock exchange in the world.
In terms of total market capitalization, BSE is the 8th largest stock exchange in the world with a market capitalization of over Rs 276.713 lakh crore.
8. IPS Dinkar Gupta appointed as Director General of National Investigation Agency (NIA)
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The Personnel Ministry has appointed senior Indian Police Service (IPS) officer Dinkar Gupta as the Director General of the National Investigation Agency (NIA).
Dinkar Gupta is a 1987 batch IPS officer of Punjab cadre.
The Appointments Committee of the Cabinet has approved his appointment as Director General of NIA till March 31, 2024, i.e. the date of his retirement.
Dinkar Gupta has held the post of DGP of Punjab.
Gupta was awarded two Police Gallantry Medals in 1992 and 1994.
He was also awarded the Police Medal for Meritorious Services and the President's Police Medal for Distinguished Service (2010) by the President.
About National Investigation Agency (NIA)-
Its real name is National Investigation Agency, commonly known as National Investigation Agency. It was constituted under the National Investigation Agency Act, 2008.
Realizing the need for a central agency to investigate terrorism and some other criminal acts after the 2008 Mumbai terrorist attack, the NIA was formed.
It acts as the central counter-terrorism law enforcement agency.
The cases are assigned to the NIA by the Central Government in accordance with Section VI of the NIA Act, 2008.
It is headquartered in New Delhi and has branches in Hyderabad, Guwahati, Kochi, Lucknow, Mumbai, Kolkata, Raipur and Jammu.
The founding director general of NIA was Radha Vinod Raju.
9. Lisa Sthalekar appointed Federation of International Cricketers' Association president
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Former Australian women's cricketer Lisa Sthalekar has been appointed as the President of the Federation of International Cricketers' Associations (FICA), becoming the first woman to become the President of FICA.
The decision to appoint Indian-origin Lisa was taken at a meeting of the Executive Committee of FICA in Neon, Switzerland.
Lisa Sthalekar will replace former England cricketer Vikram Solanki.
Former South African batsman Barry Richards, former West Indies all-rounder Jimmy Adams have also held this position.
Lisa Sthalekar's Career
Sthalekar played 8 Tests, 125 ODIs and 54 T20Is for Australia between 2001 and 2013.
Lisa has scored 416 runs in Tests, 2728 in ODIs and 769 runs in T20 matches while in bowling she has taken 23 wickets in Tests, 146 in ODIs and 60 wickets in T20Is.
Lisa became the first female cricketer to score 1000 runs and take 100 wickets in ODI cricket.
Last year, he was inducted into the Australian Cricket Hall of Fame.
About Federation of International Cricketers’ Associations (FICA)
The Federation of International Cricketers’ Associations (FICA) is an organisation that coordinates the activities of all the national players’ associations that represent professional cricketers.
Founded -1998
FICA members- Australia, Bangladesh, England , New Zealand, South Africa, Sri Lanka, West Indies
10. Ruchira Kamboj appointed Permanent Representative to UN
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Senior diplomat Ruchira Kamboj has been appointed as India's Permanent Representative to the United Nations in New York.
Ruchira Kamboj is a 1987 batch officer of the Indian Foreign Service (IFS).
Presently, Ruchira Kamboj was serving as India's envoy to Bhutan.
Kamboj is the first woman ambassador of India to the Kingdom of Bhutan.
She will succeed TS Tirumurti as the Indian Ambassador to the United Nations.
Prior to this she has served as High Commissioner of India to South Africa and Ambassador/Permanent Representative of India to UNESCO.
About the United Nations
The United Nations was established on 24 October 1945 with the signing of the United Nations Charter by 50 countries.
The winning countries of World War II together established the United Nations with the aim of interfering in international conflicts.
At present there are 193 nations in the United Nations, almost all the internationally recognized nations of the world are included in it.
The structure of this institution includes the General Assembly, the Security Council, the Economic and Social Council, the Secretariat and the International Court of Justice.
The newest member country is South Sudan which was made a member on 11 July 2011.
The United Nations has recognized six languages as "official languages" (Arabic, Chinese, English, French, Russian, and Spanish), but only two of these are considered operating languages.
India was one of the first members of the United Nations to sign the United Nations Declaration on January 01, 1942 in Washington.
Headquarters - New York, United States
Secretary General – Antonio Guterres
