Leonardo Da Vinci's Christ painting sold for record USD 450 million
A painting of Christ by Italian Renaissance painter Leonardo da Vinci was sold for a record USD 450 million at an auction on 15 November 2017, breaking all the previous records of artworks sold or auctioned. It was sold by Christie’s auction house.
The painting is known by the name 'Salvator Mundi', an Italian phrase for 'Savior of the World'. This 26-inch-tall painting dates from around 1500 and shows Christ dressed in Renaissance-style robes, his right hand is raised in blessing and his left hand holds a crystal sphere.
The highest price ever paid for a work of art at auction was USD 179.4 million for Pablo Picasso’s painting 'Women of Algiers (Version O)' in May 2015. While, the highest known sale price for any artwork was USD 300 million for Willem de Kooning’s painting 'Interchange'.
Forbes list of Asia’s Richest Families 2017 released: Ambani family tops the list
The 2017 Forbes list of Asia’s Richest Families was released on 15 November 2017. This year, the list is topped by India’s Mukesh Ambani family with a net worth of USD 44.8 billion, which is USD 19 billion increase from the previous year.
The Ambani family supersedes the Lee family of the Samsung empire to claim the first position. This is the first time that an Indian family has topped the Forbes list of Asia’s Richest Families.
The collective wealth of Asia’s 50 richest families on the list is a record USD 699 billion, a 35 per cent increase from last year. For the third time, India enjoys the biggest presence on the list, with 18 richest families, followed by Hong Kong with nine richest families.
International Day for Tolerance observed globally
The International Day for Tolerance was celebrated across the world on 16 November 2017. The observance aims to bolster United Nations’ commitment to strengthen tolerance in the world by fostering mutual understanding among cultures and peoples.
Taking forward the same commitment, the UN has launched a new campaign called ‘Together’ to promote tolerance, respect and dignity across the world.
The global campaign aims to reduce negative perceptions and attitudes towards refugees and migrants and to strengthen the social contract between host countries and communities and refugees and migrants.
NGT directs Delhi Government to seize 10-year-old diesel taxis
National Green Tribunal has directed the state government of Delhi to seize 10-year-old diesel taxis without any delay as they cause air pollution.
The decision was taken by a bench headed by NGT Chairperson Justice Swatanter Kumar. The bench observed that a large number of diesel taxis are operating in the national capital, which is in violation of the judgment and directions issued by the Supreme Court.
The green tribunal also directed the Environment and Forest Ministry, Road and Transport Ministry, Delhi Government and the state pollution control boards in the National Capital Region to fully coordinate, cooperate and take effective steps to control the pollutants in the air of Delhi NCR.
RBI governor Urjit Patel appointed to advisory board of BIS
RBI Governor Urjit Patel was appointed to the Financial Stability Institute Advisory Board of the Bank of International Settlement (BIS) on 15 November 2017.
The Bank of International Settlement is a global financial organisation owned by major central banks from across the world. The Financial Stability Institute (FSI) of the BIS assists financial sector authorities worldwide in strengthening their financial systems.
The FSI has been implementing a new strategy since the beginning of 2017 that includes having a close interaction with its main stakeholders including central banks and financial supervisory agencies.
As a part of these efforts, the BIS has decided to reactivate the FSI Advisory Board. The board was initially established in 1998 but it closed operations some time later.