▪ Iceland has become the first country in the world to legalise equal pay between men and women. In Iceland now it will be illegal to pay men more than women for the work. Under the new rules, companies and government agencies employing at least 25 people will have to obtain government certification of their equal-pay policies.
▪ The managing director of the Monetary Authority of Singapore (MAS), Ravi Menon, has been named the best central bank governor in Asia-Pacific for 2018 by UK-based magazine, The Banker.
▪ Tanker and ship collision near Shanghai leaves 32 missing. Thirty-two people are missing after an oil tanker collided with a cargo ship off China’s east coast, near Shanghai. The Sanchi tanker, carrying 136,000 tonnes of Iranian oil worth $60m (£44m), caught fire after the crash and has been burning for nearly 24 hours.
▪ Telangana Industrial Health Clinic Ltd (TIHCL), a State government initiative, has got RBI clearance to register and function as a non-banking finance company (NBFC). It will be the first State promoted and co-financing NBFC.
▪ Switzerland won their third Hopman Cup as Roger Federer and Belinda Bencic beat Germany’s Alexander Zverev and Angelique Kerber in the deciding mixed doubles to secure a 2-1 victory in the final at the Perth Arena. It was Federer’s second Hopman Cup triumph after victory in 2001 alongside then world number one Martina Hingis.
▪ The Himalayan Hydro Expo 2018 kicked off at Kathmandu, the capital Nepal. President of Nepal Bidya Devi Bhandari inaugurated the exhibition. Delegates from various countries including India, China, Austria, Czech Republic and Norway are participating in the expo. The basic objective of Expo is to unleash massive hydropower potential of Nepal and bring all stakeholders under one roof.
▪ Elina Svitolina secured her first WTA title in Australia with a straight-sets victory in the Brisbane International final. Svitolina beat Belarusian qualifier Aliaksandra Sasnovich. Elina Mykhaylivna Svitolina is a Ukrainian professional tennis player.
▪ West Bengal Chief Minister Mamata Banerjee unveiled the official emblem of the state government, which was recently approved by the centre. The logo highlights the Ashoka emblem on the top with the theme of ‘Biswa Bangla’ at the centre. This new logo will be used in all government documents, including government letterheads.
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