Oli arrives on 6-day visit
ü First
bilateral visit by Nepal Prime Minister to India after the trip by the then
Premier Baburam Bhattarai in October 2011
ü Key
Focus will be on amending the bilateral ties hit by issues relating to the
Himalayan nation’s new constitution
ü Both
sides are expected to sign a number of pacts to step up cooperation in several
key sectors.
U.S imposes new unilateral sanctions on North Korea
ü U.S.
President Barack Obama signed into law a piece of legislation passed by
Congress imposing new sanctions against North Korea for
testing a nuclear device and launching a satellite using ballistic missile
technology in 2016.
ü China
has opposed the unilateral sanctions announced by the U.S.
ü U.S.’
unilateral push could further add to the tensions with China, heightened in
recent days over disputes in South China Sea.
Christine Lagarde elected as chief of IMF for second time
ü The
International Monetary Fund its board re-elected Managing
Director Christine Lagarde to a second five-year term, starting on July
5.
ü Lagarde,
who was the only candidate, was backed by the UK, Germany, China, and her home
country, France, to stay on for another five years.
ü She
has led the IMF since 2011 and proved a strong contrast to her predecessor, Dominique Strauss-Kahn, who was forced to resign
after he was accused of attempted rape in a New York hotel. The allegation was
later dismissed.
Kajol made Prasar Bharti Board part time member
ü Bollywood
actress Kajol and Shashi Shekhar Vempati, who heads an online media company,
were appointed as part-time members of the Prasar Bharati board which runs
public broadcasters Doordarshan and All India Radio (AIR).
GOI approves Highway contracts worth Rs 6000 Crore
ü Government
of India has approved eight highway projects worth Rs 6,000 crore for six
states – Punjab, Jharkhand, Madhya Pradesh,
Rajasthan, Himachal Pradesh and Odisha.
ü Now
the number of projects cleared by Road Transport and Highways Ministry this
month so far has swelled to 37, entailing a total investment of about Rs 34,000
crore.
ü The
Ministry has approved eight projects with a total length of about 350 kms and
aggregate total project cost of Rs 6,000 crore. Of these, six will be
implemented in EPC (engineering, procurement and construction) mode and two in
hybrid annuity mode.
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