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31 March


 Sergey Karjakin won 2016 World Chess Candidates Tournament












 Russian grandmaster Sergey Karjakin won the FIDE World Chess Candidates Tournament held in
Moscow.
 In the final Round 14, the Russian grandmaster defeated American grandmaster Fabiano
Caruana.
 Karjakin will now play with the incumbent world champion, Norwegian Grandmaster Magnus
Carlsen, in a match for the world chess crown in the United States in November 2016.




 Government permits 100 pc FDI in online market places








 The government today permitted 100 per cent FDI in the market place format of e-commerce
retailing with a view to attract more foreign investments.
 To bring clarity, the DIPP has also come out with the definition of 'e-commerce', 'inventory-
based model' and 'market place model'.
 At present, global e-tailer giants like Amazon and EBay are operating online marketplaces
in India while home-grown players like Flipkart and Snap deal have foreign investments even as
there were no clear FDI guidelines on various online retail models.
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