Current Affairs 21st July 2014 | Nagoya Protocol received 50th instrument of ratification

Indian Cricketers

Current Affairs 21st July 2014 | First test victory at Lord’s by Indian Cricketers in 28 years

Chief Executive of Tesco Quits

21.07.2014: Chief Executive of Tesco Philips Clarkes Quits from the company. Tesco is the Britain’s biggest supermarket. In the month of October this place will be occupied by Dave Lewis.

Sales revenue of Huawei reached to $ 21 billion

21.07.2014: In the first six month of this year, Huawei China’s telecom major has reached to more than $ 21 billion. As compared with the previous year revenue had increased by 19%.

First test victory at Lord’s by Indian Cricketers in 28 years

21.07.2014: In the second test against England at Lord, India won the match. This is the First test victory at Lord’s by Indian Cricketers in 28 years. India defeated England by 95 runs.

China’s RMB developing as world’s major currency: China Renmin University

21.07.2014: China Renmin University had conducted a survey regarding the currency. As per the report revealed it had stated that China’s RMB developing as world’s major currency. Report also stated that RMB will become 3rd largest international currency after US dollar. It had also stated that within 5 years euro to become as eastern nation accelerates promotion of its unit.

Kingfisher Airlines withdrew appeal against Karnataka High Court in Supreme Court

21.07.2014: Kingfisher Airlines withdrew appeal against Karnataka High Court in Supreme Court. Appealis allowing consortium of banks led by SBI to take possession of its prestigious property Kingfisher House in Mumbai.

Jim Yong Kim, World Bank President, visited India

21.07.2014: Jim Yong Kim, World Bank President came to India for 3 day visit. He will meet Union Finance Minister Arun Jaitley and Prime Minister Narendra Modi. He will discuss for understanding the development priorities in India. To find out rural urban transformation challenges he will visit World Bank assistant projects in Tamilnadu.

Nagoya Protocol received 50th instrument of ratification

21.07.2014: Nagoya Protocol received 50th instrument of ratification which is necessary. For the creation of incentives for conservation of biodiversity, protocol is meant for. It will implement after the completion of formalities required for ratification. It will come into effect from 12th October 2014.

Single global standard for automatic exchange of financial account information released by OECD

21.07.2014: Single global standard for automatic exchange of financial account information between jurisdiction released by OECD (Organisation for Economic Co-operation and Development). Two components of the standard are CRS (Common Reporting Standard) and CAA (Competent Authority Agreement).

Public Servants Rules 2014 notified by Union Government

21.07.2014: Public Servants Rules 2014 notified by Union Government. These rules include Furnishing of the information and Annual Return of Assets & Liabilities and the limits for exemption of Assets in filing returns. As per these rules, it is necessary for all the government employees to file declarations of their assets and liabilities and those of their spouses and dependent children.