1) Russia-India-China Foreign Ministers Meet Begins in Delhi
•Foreign Ministers of Russia, India, and China (RIC) are holding a trilateral meeting in New Delhi. The meeting is expected to review global and regional issues of mutual interest as well as discuss trilateral exchanges and activities.
•The External Affairs Minister will have separate bilateral meetings with her Russian and Chinese counterparts. Russian Foreign Minister Sergey Lavrov and Minister of Foreign Affairs of China Wang Yi have arrived in New Delhi.
2) China Starts World's Biggest Floating Solar Project
•A unit of China Three Gorges Corp. is building a 1 billion yuan ($151 million) floating solar power plant, the world’s biggest, in the nation’s eastern province of Anhui. China Three Gorges New Energy Co. started building the 150-megawatt project in July and part of the plant was connected to the grid.
•The project features panels fixed to floats on the surface of a lake that formed after a coal mine collapsed, according to the unit. The entire facility is expected to come online by May 2018.
3) Rahul Gandhi Elected Indian National Congress President
•The Indian National Congress announced that Rahul Gandhi has been elected as its new President, taking over from his mother Sonia Gandhi.
•Rahul was declared the party President after no other candidate filed a nomination to contest the presidential elections. The Congress had earlier announced that 89 nominations were filed proposing Rahul Gandhi's candidacy for the presidential elections.
4) Maruti Suzuki Replaces SBI as 6th Most Valuable Indian Firm
•India's largest carmaker Maruti Suzuki became India's sixth most valued firm, crossing India's largest lender State Bank of India (SBI).
•Maruti Suzuki's market capitalization stood at Rs 2.73 trillion, marginally ahead of SBI's market value of Rs 2.70 trillion.Reliance Industries is the country's most valued company with a market value of Rs 5.83 trillion, followed by TCS, HDFC Bank, ITC and Hindustan Unilever.
5) India INX Gets SEBI go-ahead for Listing of Debt Securities
•BSE's India International Exchange (India INX) has received approval from the capital market regulator SEBI on the framework for the listing of debt securities.
•The move will enable Indian and foreign issuers to issue masala bonds, Eurobonds, and foreign currency bonds from India INX at International Financial Service Centre (IFSC) at Gujarat International Finance Tech (GIFT) for the first time.
6) India Beat Germany, Win Bronze at Hockey World League Final
•India defeated Germany 2-1 in the Hockey World League Final to grab the bronze medal at the event, in Bhubaneswar, Odisha. SV Sunil and Harmanpreet Singh scored for the world number six Indian side.
•The world's fifth-ranked side Germany was without any substitutes as seven of their players were unavailable for the match either due to injury or high fever. For India’s success, Odisha government presented each player a cheque of Rs 10 lakh.
