Morning Current Affairs Updates: 22 August 2017
The negotiations for the agreement, officially dubbed as the Comprehensive Economic Partnership Agreement (CEPA), were launched in November 2010 to boost bilateral trade and investments.
SC likely to pronounce verdict on Triple Talaq today
The Supreme Court on 22 August 2017 will pronounce its verdict on the practice of Triple Talaq among Muslims.
The Apex Court will pronounce the judgment on the legality of the Islamic personal law practice and whether it is fundamental to the religion or not. The Court will also decide whether the practice violative of the fundamental and human rights of gender equality and dignity of Muslim women.
The five-judge constitution bench headed by Chief Justice JS Khehar had reserved its verdict on the issue on 18 May 2017 after a six-day marathon hearing during the summer vacation.
India, Canada start next round of free trade agreement talks
The 10th round of negotiations for the proposed free trade agreement between India and Canada started on 21 August 2017 in New Delhi. The commerce ministry informed that both sides discussed issues related to goods market access.
The 10th round was earlier scheduled to be held in Canada, but could not take off because of elections there and lack of traction on some key issues.
The previous round of negotiations was concluded in New Delhi in March 2015.
ONGC board approves HPCL takeover of 51.11% stake
The board of state-owned Oil and Natural Gas Corp (ONGC) on 21 August 2017 gave its 'in-principle' approval to acquire government's 51.11 per cent stake in Hindustan Petroleum Corp Ltd. (HPCL).
The ONGC board at its meeting in New Delhi constituted a committee of directors to examine various aspects of the acquisition and to provide its recommendations to the board of directors.
Earlier in July 2017, the government approved the sale of its 51.11 per cent stake in oil refiner HPCL to India's largest oil producer ONGC. The deal will be completed within a year.