James P. Allison, Tasuku Honjo jointly awarded with 2018 Nobel Prize in Physiology or Medicine
The Nobel Assembly at Karolinska Institutet on October 1, 2018 awarded the 2018 Nobel Prize in Physiology or Medicine jointly to James P. Allison and Tasuku Honjo “for their discovery of cancer therapy by inhibition of negative immune regulation”.
Cancer kills millions of people every year and is one of humanity’s greatest health challenges. The laureates James P. Allison and Tasuku Honjo successfully established an entirely new principle for cancer therapy by stimulating the ability of immune system to attack tumour cells.
World Habitat Day 2018 observed globally
The World Habitat Day was observed across the world on October 1, 2018, that is the first Monday of October 2018, to uncover the present state of the world’s towns and cities, and emphasise the basic right of all to receive adequate shelter.
The 2018 Theme of the Day was Municipal Solid Waste Management. The Solid Waste Management has become a global issue in recent years. The amount of waste produced by individuals is growing daily and often costs local authorities a large proportion of their budget. Unplanned and poor waste collection and disposal can lead to serious health problems from uncontrolled dump sites.
Government constitutes Competition Law Review Committee to review the Competition Act
The Union Government on September 30, 2018 constituted a Competition Law Review Committee to review the Competition Act, 2002. The Committee will be headed by Injeti Srinivas, Secretary of the Union Ministry of Corporate Affairs. The Review Committee was constituted with an aim to ensure that the Act coexists with the needs of strong economic fundamentals.
The Committee will review the Competition Act and its rules and regulations to change business environment and bring necessary changes, if required. It will look into international best practices in the competition fields, especially anti-trust laws, merger guidelines and handling cross border competition issues
US and Canada sign trade deal replacing NAFTA
Canada on September 30, 2018 agreed to sign a trade deal with the United States and Mexico, revamping the North American Free Trade Agreement after almost a year of negotiations. The new deal has been named the United States-Mexico-Canada Agreement (USMCA).
The trilateral pact is expected to be signed by the three North American countries before the end of November, after which it would be submitted to Congress. The deal was agreed upon by Canada just hours before the US imposed September 30 midnight deadline.
Uttarakhand HC directs state to provide reservation to transgenders in educational institutions
The Uttarakhand High Court on September 28, 2018 directed the state government to provide reservation to transgenders in educational institutions and public appointments.
The direction is a part of a slew of directions issued by the court for the welfare of transgender persons in the state. The court stated that the transgenders lead a miserable life and are often treated unfairly. Observing that they have the right to a life of dignity, the court gave the state government six months time to implement its decision.
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