Pakistan court sentences ousted PM Nawaz Sharif to 10 years imprisonment in corruption case
• An accountability court in Pakistan on July 6, 2018 sentenced ousted prime minister Nawaz Sharif to 10 years in prison in one of the three corruption cases against him in the high-profile Panama Papers scandal.
• His daughter Maryam was sentenced to seven years and son-in-law Captain (retired) Safdar was sentenced one year imprisonment.
• While Nawaz Sharif was fined 10 million dollar, his daughter Maryam was handed down a 2.6 million dollar fine.
• The court delivered the verdict after postponing it for four times in the Avenfield corruption case -- pertaining to the ownership of four flats in the posh Avenfield House in London.
• Nawaz Sharif is in London attending to his wife Kulsoom Nawaz who was diagnosed with throat cancer in 2017.
• The ruling came weeks before the general elections of Pakistan that are scheduled to be held on July 25.
Can religious acts be allowed on government land: SC to larger bench
• The Supreme Court referred to a larger bench the question whether religious activities can be allowed on government land or property in a secular State like India.
• A bench of Justices R.F Nariman and Indu Malhotra referred the petition filed by an organisation to the Chief Justice of India for setting up of a larger bench.
• The bench said the issue was related to an important question whether such religious functions can be allowed on public properties in view of the fact that India is a secular nation.
UN member states approve USD 6.69 billion for 13 peacekeeping operations in 2018-19
• The UN member states have approved a 6.69 billion US Dollar budget for 13 peacekeeping operations for the year 2018-19.
• It is the second year in a row that the committee has made significant cuts to the overall peacekeeping budget.
• The Committee also approved significant management reforms including creation of two new departments focused on political and peace building affairs and four stand-alone divisions for Africa.
• The US Mission to the UN said the major reforms approved by the member states will make the UN a more accountable, transparent, and efficient organisation. The United States is the biggest contributor to the United Nations.
Sports Authority of India’s name changed
• Union Ministers of Youth Affairs and Sports Rajyavardhan Singh Rathore announced that Sports Authority of India (SAI), will now be known as ‘Sports India’.
• SAI is a successor organisation of the IXth Asian Games held in New Delhi in 1982.
• It aims at the joint preparation of long term sports-specific development plans by National Sports governing bodies and federations of India (NSFs).
Punjab orders mandatory dope test
• Punjab CM Captain Amarinder Singh has ordered a mandatory dope test for all government employees, including police personnel, from the time of their recruitment through every stage of their service.
• Drug screening will be mandatory in cases of promotions, and also be a part of annual medical examinations.
• The state’s Chief Secretary has been asked to issue an order.
RBI grants licence to Bank of China
• The Reserve Bank of India has issued the license to Bank of China to launch operations in India.
• With this, Bank of China becomes the second Chinese bank after the Industrial and Commercial Bank of China to have a branch in India.
• Bank of China is one of the four biggest state-owned commercial banks in China. Bank of China opened its first branch in South Asia in Pakistan’s Karachi in 2017.
Video: Check out the latest current affairs of this week
Parliament passes Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018
Assam-NRC Draft can’t be basis of any action by any authority: SC
Government to soon introduce bill proposing death penalty for mob lynching
Ministry of Shipping issues new guidelines for improving treasury investment for Major Ports