WINSON COMPETITIVE GUIDE
• The 2016 Group of Twenty (G20) Summit was held in
Hangzhou, China from 4th to 5th September 2016 to
discuss efforts to reform global economic governance.
It was the eleventh meeting of the G20.
• Mother Teresa, a Roman Catholic religious sister and
missionary was proclaimed a Saint by Pope Francis in
a ceremony at the Vatican.
• Canada’s British Columbia province has become the
first foreign government to issue of masala bonds, a
rupee-denominated bond.
• India and Egypt have signed an agreement in the
area of Maritime Transport to step up co-operation on
the seas.
Business and Economy:
• India’s largest pharmaceutical company Sun Pharma
has signed deal with International Centre for Genetic
Engineering and Biotechnology (ICGEB) for clinical
development Cissampelos pariera (Cipa), India’s first
vaccine (drug) for the treatment of dengue.
• The first meeting of Goods & Services Tax (GST)
Council has decided to exempt businesses with annual
turnover below Rs.20 lakh out of the GST net.
44