Indra Nooyi to step down as Pepsico CEO
Pepsico CEO Indra Nooyi will step down from the position on October 3, 2018, after helming the post for the last 12 years. The announcement was made by Pepsico on August 6, 2018.
Ramon Laguarta, who has worked with Pepsico for over 22 years, will be succeeding Nooyi. The 54-year-old was unanimously elected to the position by PepsiCo's Board of Directors. He will become the sixth CEO of the company in its 53-year old history.
While Nooyi will step down as CEO of food and beverage giant PepsiCo in October, she will continue to serve as the Chairman of the company till early 2019.
JDU’s Harivansh Narayan Singh was elected as the new deputy Chairman of Rajya Sabha on August 9, 2018. The NDA candidate was pitted against BK Hari Prasad, the joint candidate of the Congress-led Opposition in the voice vote. Singh won the vote with 125 votes in favour and 105 against.
The post of the deputy chairman was lying vacant since June 2018 following the retirement of PJ Kurien, a Congress MP from Kerala.
The NDA candidate, Harivansh Narayan Singh received support from Shiv Sena, Akali Dal, AIADMK, TRS, YSRCP, INLD, BJD, three nominated candidates and SP MP, Amar Singh.
M Karunanidhi, DMK chief and former Tamil Nadu Chief Minister, passes away
DMK patriarch Muthuvel Karunanidhi, the former Chief Minister of Tamil Nadu, passed away on August 7, 2018 after battling a brief illness at the Kauvery hospital in Chennai, Tamil Nadu. He was 94. He was known as a strong Indian politician who dominated Tamil Nadu's politics for six decades along with arch-rivals MG Ramachandran and Late J Jayalalithaa.
Karunanidhi served as the Chief Minister of Tamil Nadu for five separate terms during the 1969–2011 period. He created a record by winning all the 13 Assembly elections he had contested since 1957.
Parliament passes Criminal Law (Amendment) Bill, 2018
Indian Parliament on August 6, 2018 passed the Criminal Law (Amendment) Bill, 2018 that proposes to enhance punishment for rape of a child. The Bill was earlier passed by the Lok Sabha on July 30, 2018.
The Bill seeks to replace the Criminal Law (Amendment) Ordinance, 2018 promulgated on April 21, 2018 following an outcry over the rape and murder of a minor girl in Kathua in Jammu and Kashmir and the rape of another woman at Unnao in Uttar Pradesh.
The Bill stipulates stringent punishment for those guilty of rape, particularly of girls below the age of 16 and 12 years. The ordinance also orders death sentence to those guilty of raping girls below the age of 12 years.
Article 35A of the Indian Constitution: What is the Controversy?
The Article 35A of the Indian Constitution was in news recently as the Supreme Court on August 6, 2018 adjourned the hearing on pleas challenging Constitutional validity of Article 35A pertaining to Jammu and Kashmir (J&K).
The Article 35A was added to the Indian Constitution (Appendix II) through a Presidential Order -The Constitution (Application to Jammu and Kashmir) Order, 1954. The order was issued by the then President Rajendra Prasad on May 14, 1954 in exercise of the powers conferred by clause (1) of Article 370.
The US space agency NASA on August 3, 2018 introduced to the world the crew of nine astronauts who will fly on American-made spacecraft to the International Space Station (ISS) from the US soil for the first time since the space shuttle’s retirement in 2011.
The astronauts will be carried from American soil onboard spacecraft developed by entrepreneur Elon Musk's SpaceX and Boeing Co to the ISS, beginning in 2019. These astronauts will first crew the test flights and then the missions involving both Boeing's CST-100 Starliner and SpaceX's Crew Dragon spacecraft.
Begging in Delhi no more a criminal offence: Delhi High Court
The Delhi High Court on August 8, 2018 decriminalised begging in the national capital, stating that the provisions penalising the act were unconstitutional and deserved to be struck down. The High Court was considering two PILs seeking by Harsh Mandar and Karnika Sawhney to decriminalise begging.
A bench of Acting Chief Justice Gita Mittal and Justice C Hari Shankar ruled that the consequences of this decision would be that the trial, under the Bombay Prevention of Begging Act, 1959 against people alleged to have committed the offence of begging, will now be liable to be struck down.
Suresh Prabhu launches ‘Niryat Mitra’ mobile app
Union Minister of Commerce and Industry Suresh Prabhu on August 8, 2018 launched the ‘Niryat Mitra’ mobile App in New Delhi. The app has been developed by the Federation of Indian Export Organisations (FIEO), the largest exporters’ organisation of the country.
Niryat Mitra provides wide range of information required to undertake international trade from the policy provisions for export and import, applicable GST rate, available export incentives, tariff and market access requirements. The app works internally to map the ITC HS code of other countries with that of India and provides all the required data without the users bothering about the HS code of any country.
Sikkim’s Khangchendzonga biosphere reserve added to UNESCO list
India’s Khangchendzonga Biosphere Reserve, one of the highest ecosystems in the world, has been added to UNESCO's list of World Network of Biosphere Reserve (WNBR).The Khangchendzonga reserve will be India's 11th internationally designated WNBR.
The reserve includes a range of ecoclines varying from subtropical to arctic, as well as vast natural forests in different biomes that support an immensely rich diversity of forest types and habitats resulting in high species diversity and endemism.
With its inclusion in the WNBR list, the reserve joins other Indian biospheres such as Nandadevi, Simlipal, Sunderbans, and Nilgiri.
India observes 76th anniversary of Quit India movement
The 76th anniversary of Quit India movement was observed across India on August 8, 2018. On this day in 1942, father of the nation Mahatma Gandhi gave the famous clarion call of ‘Do or Die’ to all Indians to drive the British away from the country.
The movement, also known as the August Kranti Diwas, was launched at the Bombay session of the All-India Congress Committee (AICC), at the height of the Second World War. As the World War II progressed, Mahatma Gandhi intensified his protests for India’s complete independence.
Video: Check out the latest current affairs of this week