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Daily News Digest:11 June 2019

Actor-playwright Girish Karnad passes away

Popular veteran actor, writer and playwright Girish Karnad passed away at 81 in Bengaluru on June 10, 2019.

RBI asks banks to allow at least 4 withdrawals

According to new directive released by the Reserve Bank of India (RBI), commercial banks need to offer holders of basic savings bank deposit (BSBD) accounts, a minimum of four withdrawals in a month, including automatic teller machine (ATM) withdrawals. The rules will come into force from 1 July.

Yuvraj Singh retires from International Cricket

Yuvraj Singh, India's middle-over batsman, is to retire from international cricket with immediate effect.

SEBI proposes informant mechanism to curb insider trading activities

On June 10, the Securities and Exchange Board of India (SEBI) proposed an informant mechanism to blow the whistle on insider trading cases, wherein genuine whistle-blowers could get monetary reward of Rs. 1 crore as well as amnesty from regulatory action. The proposed policy would be implemented by amending Sebi (Prohibition of Insider Trading) Regulations, 2015.

Pakistan’s former President Asif Ali Zardari arrested on corruption charges

Pakistan's former president Asif Ali Zardari has been arrested on corruption charges, in a blow to the opposition Pakistan People's Party.

Govt. amends 60-year-old rule to pave way for extension to Cabinet Secretary

The Central Government has amended a 60-year-old rule to grant three-month extension to Cabinet Secretary Pradeep Kumar Sinha. A cabinet secretary is appointed for a fixed tenure of two years.

UAE adopts ‘National Strategy for Wellbeing 2031’

On June 9, The United Arab Emirates (UAE) adopted the ‘National Strategy for Wellbeing 2031’. One of the most important initiatives is the development of the first 'National Wellbeing Observatory' to support the policymaking process.

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