The first Ministerial Meeting of Arab-India Cooperation Forum was held Manama, capital city of Bahrain.

The world�s oldest man, a Japanese, died the age of 112 after suffering chronic heart problems.

Formal declaration in this regard was made by Prime Minister Narendra Modi after inaugurating the Sikkim Organic Festival 2016 in Gangtok, Sikkim.

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• Renowned Kannada filmmaker and lyricist Geethapriya passes away.
• Tata Motors appoints former Airbus official Guenter Butschek as CEO & MD.
• BSE launches algorithm trading test.

The Ministry of Finance announced the roadmap for a new set of accounting standards-the Indian Accounting Standards (Ind AS)-for scheduled commercial banks, insurance companies and non-banking financial companies.

Bombay Stock Exchange (BSE) Ltd has launched a new service for algorithm trading test facility for investors on its derivatives and equity platform.

Tata Motors has appointed former top official of Airbus Guenter Butschek (55) as its Chief Executive Officer & Managing Director. Mr. Butschek will lead all operations of Tata Motors in India and in international markets including South Korea, Thailand, Indonesia and South Africa.

French President Francois Hollande has declared what he called �a state of economic emergency� and says it�s time to redefine France�s economic and social model.

Popular messaging app WhatsApp said it will stop charging $1 per year subscription fee to go completely free for its users across the world.

Renowned Kannada filmmaker and lyricist Geethapriya passed away after a battle with throat cancer in Bengaluru, Karnataka. He was 84.

National Aeronautics and Space Administration (NASA) has successfully launched the SpaceX Falcon 9 rocket carrying Jason-3 Ocean-monitoring satellite.