February 28-2-2019 Events-Current Affairs


HRD Ministry launches SHREYAS Scheme

  • HRD Minister Prakash Javadekar launched the SHREYAS scheme on Wednesday to provide industry-specific apprenticeship opportunities to fresh graduates.

  • he initiative will help graduates polish their skills directly from industry experts and could bring India closer to its aim of skilling its youth population to make them more employable.

  • The full name of SHREYAS is Scheme for Higher Education Youth in Apprenticeship and Skills.

  • The programme basket includes the initiatives of three central ministries, including the HRD, Ministry of Skill Development and Entrepreneurship, and the Ministry of Labour and Employment.

Source- India Today


IDBI Bank announces appointment of director

  • IDBI Bank announced that the Board of Directors at its meeting held on 25 February 2019 has appointed Hemant Bhargava

  • the Non Executive Non Wholetime Chairman of IDBI Bank for a period of three years or till he continues as the Chairman-in-charge & MD of LIC, whichever is earlier as per the approval dated 22 February 2019 received in this regard from Reserve Bank of India.

  • IDBI Bank Headquarters: Mumbai, MD and CEO: Rakesh Sharma.

Source- Business Standard


CZPDC Bhopal And WZPDC Indore Honoured With Saubhagya Award

  • The Central Zone Power Distribution pCompany (CZPDC), Bhopal and West Zone Power Distribution Company (WZPDC),

  • Indore was conferred with the “Saubhagya Award” under Pradhan Mantri Sahaj Bijli Har Ghar Yojana at the National Conference of Energy Ministers by the Union Minister of State for Energy, R.K. Singh.

  • The award includes a cash prize of Rs 100 crore each.

Source- All India Radio


PM Narendra Modi Conferred The National Youth Parliament Festival 2019 Awards

  • Prime Minister Narendra Modi gave away the National Youth Parliament Festival 2019 awards in New Delhi.

  • In his Mann Ki Baat address in December 2017, PM Modi had shared his idea of organising Youth Parliaments for young people in every district of the country.

  • Youth Affairs and Sports Minister Rajyavardhan Rathore had launched the festival on the 12th of last month to encourage the youth to engage with public issues and understand the common man’s point of view.

  • The winners from the national level competition are:

    1st position- Shweta Umre from Maharashtra.
    2nd position- Anjanakshi M.S from Karnataka.
    3rd position- Mamta Kumari from Bihar

Source- DD News


RBI, Bank of Japan Sign Bilateral Swap Arrangement

  • Reserve Bank of India and Bank of Japan have signed a Bilateral Swap Arrangement (BSA).

  • It may be recalled that the BSA was negotiated between India and Japan during the visit of Prime Minister Narendra Modi to Tokyo in October last year.

  • The BSA provides for India to access 75 billion US dollars whereas the earlier BSA had provided for 50 billion dollars.

  • RBI 25th Governor: Shaktikant Das, Headquarters: Mumbai, Founded: 1 April 1935, Kolkata.

Source- All India Radio


India Ranked 47th In The ‘Inclusive Internet Index 2019’

  • India has been ranked 47th in the overall “Inclusive Internet Index 2019″ score while Sweden topped the chart, followed by Singapore and the US, a Facebook-led study has revealed.

  • According to the Inclusive Internet Index (3i) prepared by the Economist Intelligence Unit (EIU) for Facebook, there are demonstrable benefits from comprehensive female e-inclusion policies, digital skills programmes and targets for women and girls to study science, technology, engineering and mathematics (STEM).

  • Facebook Headquarters: California, US, CEO: Mark Zuckerberg.

Source- News18.Com


Mukesh Ambani breaks into top 10 on Hurun rich list as brother Anil, with $1.9 bn, fights bankruptcy

  • Reliance Industries chairman Mukesh Ambani has broken into the top 10 richest list globally with a net worth of USD 54 billion, while his younger brother Anil has paled into the oblivion having lost over 65 per cent of his net worth, according to a report.

  • The Hurun Global Rich List 2019 is topped by Amazon chief Jeff Bezos for the second year

Source- Economic Times


BioAsia 2019 to be held in Hyderabad

  • BioAsia will feature a dedicated platform called the “Startups Stage” in its 16th Edition of the event to be BioAsia-2019 held at Hyderabad between February 25 and 27, 2019.

  • This platform, Startups Stage, will enable entrepreneurs working on solutions for the pharma, bio-tech, life sciences, health-tech or med-tech sectors to showcase their innovation to a global audience.

  • Dr Renu Swarup, Secretary, Department of Biotechnology, Government of India who has been instrumental in accelerating the growth of biotech sector in the country will interact with the start-ups in the start-up stage. M&A teams from companies like Zydus Cadila, Dr Reddy’s Laboratories, Alkem Laboratories, etc. will also participate in the event.

  • Telangana Capital: Hyderabad, CM: K. Chandrashekar Rao.

Source- Express Bpd.com


Aviation Conclave 2019′ Organised By Civil Aviation Ministry

  • Civil Aviation Ministry organising ‘Aviation Conclave 2019’ with theme of “Flying for All”

  • Shri Suresh Prabhu, Union Minister for Civil Aviation, stated that realizing Government’s vision of making “Flying for All” a reality underpins the government’s commitment to bring about a veritable revolution in the Indian aviation sector.

  • He further reiterated that the ball was set rolling during the hugely successful Global Aviation Summit -2019 which was attended by 85 countries and over 1,300 global aviation fraternity.

  • “This Conclave is about the future of Indian aviation – it bringing together industry leaders, government and regulators for setting the tone and propelling us to realize our Vision-2040”, he stated.

Source- Press Information Bureau

February 27-2-2019 Events-Current Affairs


Rising India Summit 2019 Held In New Delhi

  • Rising India’, an incontrovertible truth, is also title of the most important event on the annual calendar for the Network18 group and one of most anticipated thought leadership forums in India.

  • the summit is taking place against the backdrop of the upcoming general elections, necessitating the theme ‘Beyond Politics: Defining National Priorities’.

Source- News18.com


Assam CM Sonowal launches PRANAM Commission to protect parents of govt employees

  • Assam Chief Minister Sarbananda Sonowal on Tuesday launched the PRANAM Commission, a panel set up to look after the issues concerning a Bill brought in for protection of parents of state government employees.

  • The Parents Responsibility and Norms for Accountability and Monitoring (PRANAM) Bill, stated to be the first-of-its-kind Bill in the country, is an effort to protect elderly parents of government employees in their times of need.

Source- Times of India


Odisha cabinet approves State Film Policy 2019

  • With an aim to promote Odia films and create a conducive eco-system for production of films in the region, Naveen Patnaik-led state cabinet gave its nod to the Odisha State Film Policy-2019.

  • The policy will promote quality Odia films, facilitate film tourism in the state, establish Odisha as a destination for film shooting and improve screen density in the state.

  • Ganeshi Lal is the Present Governor of Odisha.

Source- Business Standard


Nigeria election: Muhammadu Buhari re-elected as president

  • Nigerian President Muhammadu Buhari has been re-elected for a second four-year term, the election commission says.

  • The 76-year-old defeated his main rival, former Vice-President Atiku Abubakar, with a margin of nearly four million votes.

  • Nigeria Capital: Abuja, Currency: Nigerian naira.

Source- BBC.co.uk


Playwright Mahesh Elkunchwar to be honoured with META lifetime achievement award

  • Eminent Indian playwright Mahesh Elkunchwar has been chosen for this year’s META Lifetime Achievement Award, organisers announced on Monday

  • The playwright will be conferred upon with the award on March 12, along with the winners of the 14th Mahindra Excellence in Theatre Awards (META) festival.

Source- Business Standard


BoB Ties Up With German KfW for USD 130m to Refinance Solar Units

  • The tie-up is part of an Indo-German Solar Energy Partnership signed in 2015, an official statement.

  • State-run Bank of Baroda has tied up with Germany’s KfW Development Bank for funding of USD 113 million to refinance solar projects.

Source- The Asian age


RBI removes Allahabad Bank, Corporation Bank, Dhanlakshmi Bank from PCA framework

  • The Reserve Bank of India (RBI) removed Allahabad Bank, Corporation Bank and Dhanlaxmi Bank out of the prompt corrective action (PCA) framework on Friday, subject to certain conditions and continuous monitoring.

  • The Board for Financial Supervision (BFS), in its meeting held on Tuesday, reviewed the performance of banks under PCA and noted that the government has infused fresh capital on February 21 into various banks, including some currently under the PCA ambit.

  • Allahabad Bank and Corporation Bank had received Rs 6,896 crore and Rs 9,086 crore, respectively, which has shored up their capital funds and increased their loan loss provision to ensure the PCA parameters were complied with, RBI said, adding that these banks had made the necessary disclosures to the stock exchanges.

Source-Economic Times


IWAI signs MoU with Indian Oil on fuel needs for national waterways

  • Inland Waterways Authority of India (IWAI) and Indian Oil Corporation (IOCL) signed a Memorandum of Understanding (MoU) on 26 February for jointly developing infrastructure for fuels, lubricating oil, LPG, Natural Gas and any other related fuel and gas for meeting the requirement of National Waterways

  • The MoU will provide for an understanding over general modalities of mutual cooperation leading to addressing futuristic demand of any form of energy for Inland Waterways and associated services.

  • Chairman of IWAI: Jalaj Shrivastava, Head office: Noida, UP.

Source- Business Standard


Shri M Venkaiah Naidu Launches BIMTECH Director Dr. H Chaturvedi’s Book on ‘Quality, Accreditation & Ranking’ at New Delhi

  • Vice President M Venkaiah Naidu has exhorted Indian business houses and prominent entrepreneurs to come forward and set up quality institutions in higher education so as to ensure a paradigm shift in promoting research and innovation in Indian universities and colleges.

  • Vice President Naidu was speaking on the occasion of a book launch function organized by the Education Promotion Society for India (EPSI), BIMTECH and Bloomsbury Pvt Ltd.

Source- Business Standard


ISSF World Cup: Manu Bhaker, Saurabh Chaudhary win gold in 10m Air Pistol Mixed Team

  • Manu Bhaker, Saurabh Chaudhary shoot 483.4 points in the 10m Air Pistol Mixed Team final

  • Manu and Saurabh also equalled Qualification World Record and set a new Qualification World Record Junior

  • Teams from China and Republic of Korea won silver and bronze respectively


February 26-2-2019Events- Current Affairs


PM Modi inaugurates National War Memorial in New Delhi

  • Prime Minister Narendra Modi on Monday inaugurated the country’s National War Memorial (NWM) adjoining the iconic India Gate complex in the heart of the capital, nearly 60 years after it was mooted to honour the fallen soldiers after Independence.

  • Spread over an area of approximately 40 acres, the memorial comprises four concentric circles, namely- the ‘Amar Chakra, the Veerta Chakra, the ‘Tyag Chakra’ and the ‘Rakshak Chakra’ with names of 25,942 soldiers inscribed in golden letters on granite tablets.

  • “There was always an inexorable requirement of having our own war memorial to pay tribute to our soldiers killed in the Indo-China War in 1962, Indo-Pak Wars in 1947, 1965 and 1971, Indian Peace Keeping Force Operations in Sri Lanka and in the Kargil Conflict in 1999,”

Source- The Hindu


FAGMIL signs MoU with Himachal Pradesh Government to establish Rs. 605 crores White cement Plant Project

  • Under its diversification programme, FCI Aravali Gypsum and Minerals India Limited (FAGMIL)has taken up a project to establish a white cement plant near village NohraDhar in Sirmourdistrict, Himachal Pradesh, at a project cost of approximately Rs. 605 crores.

  • It will be the 4th white cement plant in the country.

  • The installed capacity of the plant would be 0.3 million tonnes per annum and it will generate the direct employment of approximately150 persons.

Source- Press Information Bureau


Madhya Pradesh rolls out 100-day employment scheme for youths

  • The Congress government in Madhya Pradesh on Friday rolled out its flagship ‘Mukhyamantri Yuva Swabhiman Yojana’ that guarantees 100 days of employment every year to urban youths from economically weaker sections (EWS).

  • The scheme, as part of which youths would be imparted skill development training, was launched by Chief Minister Kamal Nath here.

  • Under the new scheme, they will get Rs 4,000 stipend per month during 100 days of period. During this period, they would be given skill development training, so that they become independent,”.

  • “Only those youths, whose family’s annual income is less than Rs 2 lakh and who are in the age group of 21-30 years, are eligible for the scheme,”

Source- The Hindu Business Line


President Ram Nath Kovind today conferred the Gandhi Peace Prize for 2015, 16, 17 and 18 at a function in Rashtrapati Bhavan.

  • President Ram Nath Kovind today conferred the Gandhi Peace Prize for 2015, 16, 17 and 18 at a function in Rashtrapati Bhavan.

  • For 2015, Vivekananda Kendra, Kanyakumari was given the award for its contribution in Rural Development, Education and Development of natural resources.

  • For 2016, the award was presented jointly to Akshaya Patra Foundation for its contribution in providing mid-day meals to millions of children across India and Sulabh International for its contribution in improving the condition of sanitation in India and emancipation of manual scavengers.

  • Ekal Abhiyan Trust was conferred the award for 2017 for its contribution in providing Education for Rural and Tribal Children in remote areas pan India, Rural Empowerment, Gender and Social Equality.

  • For 2018, Japan’s Yohei Sasakawa was given the prize for his contribution in Leprosy Eradication in India and across the world.

  • Instituted in 1995 on the occasion of the 125th birth anniversary of Mahatma Gandhi, the annual award is given to individuals and institutions for their contribution towards social, economic and political transformation through non-violence and other Gandhian methods.

Source- All India Radio


Lifetime Achievement award for Karthikeyan

  • G.R. Karthikeyan, father of India’s first Formula One driver Narain Karthikeyan, was honoured with the Lifetime Achievement award at the FMSCI annual awards function on Monday.

  • Raghul Rangasamy was applauded as he walked up to receive the Upcoming Motorsport Person of the Year award for the Raymond Gautam Singhania Trophy.

  • FIA president Jean Todt was the chief guest and handed over the awards.

Source- The Hindu


India-Bangladesh Joint Military Exercise Sampriti – 2019

  • As part of the ongoing India Bangladesh defence cooperation, a joint military exercise Sampriti-2019 will be conducted at Tangail, Bangladesh from 02 March to 15 March 2019.

  • Exercise Sampriti-2019 is an important bilateral defence cooperation endeavour between India and Bangladesh and this will be the eighth edition of the exercise which is hosted alternately by both countries.

  • In addition to understanding each other in tactical level operations, emphasis will also be laid for greater cultural understanding to strengthen military trust and cooperation between the two nations.

Source- Press Information Bureau


Ex-PepsiCo CEO Indra Nooyi joins Amazon’s board

  • Indra Nooyi, former CEO of PepsiCo, joined Amazon’s board of directors Monday.

  • Nooyi, who ran the snack and beverage company for 12 years, stepped down in October. Before Nooyi became PepsiCo’s CEO in 2006, she served as the company’s chief financial officer.

  • Amazon (AMZN) recently added Starbucks COO Rosalind Brewer to its board. Brewer, who has been COO of Starbucks since October 2017, was CEO of Walmart’s Sam’s Club from 2012 to 2017. She was both the first African American and the first woman to lead a Walmart (WMT) division.

Source- CNN NEWS

February 15-02-2019 Events-Current Affairs


India withdraws Most Favoured Nation status to Pakistan:

  • After the Pulwama attack by Pakistan-based terror outfit Jaish-e-Mohammad, India has hit back at Pakistan by withdrawing the ‘most-favoured nation’ status to Pakistan

  • Just a day after at least 40 Central Reserve Police Force (CRPF) personnel lost their lives in a dastardly suicide bombing attack in Pulwama, the Indian government has withdrawn “Most Favoured Nation” or MFN status accorded to Pakistan.

  • India granted MFN status to Pakistan in 1996, just a year after the formation of the WTO. On the other hand, Pakistan is yet to award MFN status to India.



Bihar govt announces universal old age pension scheme-Mukhyamantri Vridhajan Pension Yojna

  • Bihar government has announced a universal old age pension scheme – Mukhyamantri Vridhajan Pension Yojna- MVPY (मुख्यमंत्री वृद्धजन पेंशन योजना) for all people above 60 years of age.

  • He said, except those senior citizens who have retired from government service, all will be eligible for 400 rupees monthly pension irrespective of caste, religion or community.

  • The Chief Minister also announced a pension of 6,000 rupees for journalists above 60 years of age

  • Bihar CM: Nitish Kumar, Governor: Lalji Tandon.

Source-All India Radio


India signs contract with US firm for 72,400 assault rifles

  • India has signed a contract with a US firm for 72,400 assault rifles at a cost of around Rs 700 crore, Defence Ministry.

  • India has signed the contract for Sig Sauer Assault Rifles with the US under fast track procurement (FTP) and as part of the agreement, India will get around 72,400 7.62mm rifles from US firm SiG Sauer in one year from this day

  • Defence Minister Nirmala Sitharaman had earlier this month approved the procurement of the Sig Sauer rifles, which will be used by troops deployed along the nearly 3,600-km border with China.

  • US President: Donald Trump, Capital: Washington, D.C, Currency: US Dollar.

Source-Economic Times


India – U.S. Commercial dialogue and CEO forum held in New Delh

  • India and the United States held India-U.S. Commercial Dialogue and India-U.S. CEO Forum in New Delhi today.

  • Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu, chaired the meeting. Secretary of Commerce, United States of America, Mr. Wilbur Ross, could not attend the India-US Commercial Dialogue and CEO Forum because of unforeseen flight cancellation due to inclement weather and technical problems.

  • The sides welcomed the MoU signed between National Accreditation Board for Certification Bodies (NABCB) of India and ANSI National Accreditation Board (ANAB) of the United States for cooperation in matters related to accreditation.

Source- Press Information Bureau


Pradhan Mantri Shram Yogi Maan-Dhan assures monthly pension for informal workers

  • The Government of India has decided to honour the informal workers with the Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) scheme.

  • They can now get an assured monthly pension of Rs 3,000 at 3.13 lakh Common Service Centres (CSCs) across the country.

  • This would cover unorganised sector workers up to 40 years of age



IRS officer PC Mody takes charge as new CBDT chairman

  • IRS officer Pramod Chandra Mody on Friday took over as the new chairman of the Central Board of Direct Taxes (CBDT), the policy making body of the Income Tax Department.

  • Mody, a 1982-batch Indian Revenue Service (Income Tax cadre) officer, has been appointed in place of Sushil Chandra, who was on Thursday named as Election Commissioner ahead of the Lok Sabha polls due this summer.

Source- Business Today


The End Of NASA’s Opportunity Rover Mission Captured By Brazilian Artists

  • Two Brazilian artists have deftly captured the heartache felt around the world Wednesday after NASA announced the end of Opportunity’s Mars rover mission.

  • The announcement came 14 years after Opportunity (known as Oppy for short) touched down on the red planet Jan. 25, 2004.

  • The tributes to the rover, which drove 28 miles on Mars and discovered signs of past liquid water on the surface, were plenty and touching, CNET reported.

Source- Forbes


India signs Legal Agreements with the World Bank for First Programmatic Water Supply and Sewerage Service Delivery Reform Development Policy Loan for Shimla, Himachal Pradesh

  • The Government of India, Government of Himachal Pradesh (GoHP) and the World Bank signed here today a $40 Million Loan Agreement to help bring clean and reliable drinking water to the citizens of the Greater Shimla area, who have been facing severe water shortages and water-borne epidemics over the last few years.

  • The Shimla Water Supply and Sewerage Service Delivery Reform Programmatic Development Policy Loan 1 is expected to improve water supply and sanitation (WSS) services in and around the iconic hill city of Shimla.

  • World Bank Headquarters: Washington, D.C., United States

Source-Press information Bureau

February 14-2-2019 Events-Current Affairs


Badal commissions Godavari Mega Aqua Food Park in AP’s Tundurru village

  • Godavari Mega Aqua Food Park, located at Tundurru Village in Bhimavaram Mandal, West Godavari District, Andhra Pradesh, was commissioned by Pushpa Subrahmanyam, secretary, Ministry of Food Processing Industries (MoFPI), on behalf of food processing industries minister Harsimrat Kaur Badal via video conferencing on Wednesday.

  • The park, which is promoted by Godavari Mega Aqua Food Park Pvt Ltd, is the first operationalised Mega Aqua Food Park exclusively established for fish and marine products processing in the southern state.

  • It has been set up on 57.81 acre of land at a cost of Rs 122.60 crore. The facilities created by the developer at the Central Processing Centre (CPC) of this Mega Food Park include a pre-processing line for fish of 1.5 TPH (tonne per hour), a pre-processing line for shrimp of 1.5 TPH, freezing of fish of 1.5 TPH, freezing of shrimp of 1.5 TPH, cold storage for fish of 2,000 MT (metric tonne), cold storage for shrimp of 1,000MT, an ice plant, a food testing laboratory and state-of-the-art enabling infrastructure.

  • Andhra Pradesh CM: Chandrababu Naidu, Governor: ESL Narasimhan



Important Cabinet Approvals:

  • Cabinet approves MoU between India and Morocco for setting up of a Joint Working Group on Counter-Terrorism

  • Cabinet approves Proposal for leasing out of 1.61 acres of land at Alipur, Delhi, owned by Delhi Milk Scheme to Small Farmers Agribusiness Consortium for setting up of Kisan Mandi

  • Cabinet approves Memorandum of Understanding between India and Finland on Cooperation in the field of peaceful uses of outer space

  • Cabinet approves proposal for allotment of land measuring 30 acres to Pasteur Institute of India for establishment of New Viral Vaccine Manufacturing Unit at Coonoor, Tamil Nadu

  • Boost to Public Transport and Connectivity in Patna

  • Cabinet approves Extension of tenure of the National Commission for SafaiKarmacharis beyond 31.3.2019 for three years

  • Cabinet approves Introduction of Registration of Marriage of NRI Bill 2019

  • Cabinet approves signing of Memorandum of Understanding between India and Argentine in tourism

  • Cabinet approves Revision in the list of Scheduled Tribes of Chhattisgarh

  • Cabinet approves signing of Memorandum of Understanding between India and Saudi Arabia on establishing a mechanism for Investment Infrastructure in India

  • Cabinet approves Memorandum of Understanding between India and Saudi Arabia on cooperation and Mutual Assistance in Customs matters

  • Cabinet approves signing of Memorandum of Understanding between India and Saudi Arabia in the field of tourism

Source- Press Information Bureau


Twenty two bills set to lapse with dissolution of 16th Lok Sabha

  • Twenty two out of the 55 government bills pending consideration of the Rajya Sabha, the upper house of Parliament, are set to lapse with the dissolution of the 16th Lok Sabha.

  • PM stated that total 8 out of 17 sessions saw a 100 percent performance while the overall productivity has been 85%.

  • PM said this Lok Sabha would be remembered, for the highest number of Women MPs, out of which 44 are first-time MPs.

  • Prime Minister Modi also spoke about other initiatives of the government including Aadhar, 10% Reservation for EWS, Maternity Benefit. PM said, in a major initiative, over 1400 redundant laws were scrapped during this 16th Lok Sabha.

  • Sumitra Mahajan is the present Speaker of Lok Sabha

Source- Press Information Bureau


AYUSH ministry launches e-AUSHADHI portal

  • To increase transparency and accountability, the Ministry of AYUSH launched the e-AUSHADHI portal on Wednesday for online licensing of Ayurveda, Siddha, Unani and Homoeopathy drugs and related matters.

  • AYUSH Minister Shripad Yesso Naik said the portal was intended for increased transparency, improved information management facility, improved data usability and increased accountability.

Source- Financial Express.com


Rocket Display And Artillery Firepower At Army’s “Exercise Topchi”

  • Using ultra light Howitzers and indigenous Swathi weapon-locating radar, Indian Army demonstrated its artillery firepower at the annual ”Exercise Topchi” held near Nashik.

  • the gun fire, the display of rockets, missiles, surveillance and target acquisition radars, remotely piloted aircraft and hi-tech equipments was awe-inspiring.

  • Chief of the Army Staff – General Bipin Rawat.



Macedonia officially changes name to North Macedonia after long-running dispute with Greece

  • The country formerly known as Macedonia has officially changed its name, in a bid to end a long-running dispute with its neighbour Greece.

  • The Balkan state sandwiched between Bulgaria and Albania will from here on be known as “North Macedonia”, in a nod to the existence of Greece’s region of Macedonia.

  • North Macedonia Capital: Skopje, Currency: Macedonian denar

Source-Independent uk


Bradley Cooper cast his dog in A Star Is Born, wins Oscat from PETA

  • Actor-director Bradley Cooper has won the Oscat award from animal rights organisation People for the Ethical Treatment of Animals (PETA) for directing his dog in A Star Is Born.

  • Cooper and Gaga are nominated for Oscars as well for their roles in A Star Is Born, which has been nominated for the Best Picture.

Source- India Today


Siddhartha Lal wins the EY Entrepreneur Of the Year for 2018

  • Siddhartha Lal, managing director and chief executive officer, Eicher Motors, has been awarded the EY Entrepreneur of the Year for 2018.

  • Lal will now represent India at the EY World Entrepreneur of the Year Award (WEOY) in Monte Carlo from 6 – 8 June 2019.

  • Awards were also announced for nine other category winners who represent both mature industries and unicorns, and are riding the wave of change and transforming India’s business landscape.

The other EY Entrepreneur of the Year 2018 winners are:

1.Lifetime Achievement Award: Azim Premji, Chairman of Wipro.

2.Start-upp: Byju Raveendran, Founder and Chief Executive Officer, Think & Learn (BYJU’S).
3.Business Transformation: Kishore Biyani, Founder and Chief Executive Officer, Future Group.
4.Manufacturing: Nirmal K Minda, Chairman and Managing Director, Minda Industries.
5.Services: Ritesh Agarwal, Founder and Chief Executive Officer, Oravel Stays (OYO Hotels and Homes).
6.Financial Services: Sanjay Agarwal, Managing Director and Chief Executive Officer, AU Small Finance Bank.
7.Consumer Products & Retail: Rajesh Mehra, Promoter and Director, Jaquar Group.
8.Life Sciences & Healthcare: Binish Chudgar, Vice Chairman and Managing Director, Intas Pharmaceuticals.
9.Entrepreneurial CEO: Bhaskar Bhat, Managing Director, Titan Company.
10.Energy, Real Estate & Infrastructure: Atul Ruia, Chairman and Managing Director, The Phoenix Mills.

Source- Economic Times


Clouded Leopard will be mascot for National Games 2022 in Meghalaya

  • Meghalaya’s state animal Clouded Leopard will be the mascot for the National Games 2022 coinciding with the 50th year of the creation of the state.

  • This decision was taken at the first National Games 2022 executive committee meeting chaired by Meghalaya Sports and Youth Affairs Minister Banteidor Lyngdoh on Monday.

  • Clouded leopard is one of the wild cats that live throughout the forests of Garo, Khasi and Jaintia Hills.

  • Meghalaya Capital: Shillong, Chief Minister: Conrad Sangma, Governor: Tathagata Roy.

Source-Business Standard

February 13 2019 Events- Current Affairs


PM Modi Launched Several Development Projects for Haryana

  • Prime Minister Narendra Modi on Tuesday inaugurated and laid foundation stones of several development projects in Haryana.

  • The projects include National Cancer Institute, Jhajjar and Shri Krishna Ayush University, Kurukshetra.

  • The Prime Minister was in Kurukshetra to participate in ‘Swachh Shakti 2019’, an event to recognise the leadership role played by rural women in Swachh Bharat Mission to achieve a clean and open defecation free country by October 2 this year.

  • Mr Modi distributed the ‘Swachh Shakti 2019’ awards on the occasion.

  • He inaugurated 2,035-crore rupees National Cancer Institute, in Jhajjar district through video conferencing.

  • The Prime Minister also inaugurated the ESIC Medical College and Hospital, Faridabad. This is the first ESIC Medical College and Hospital in north India and it has 510 beds.

  • He laid the foundation stone of National Institute of Ayurveda, Panchkula. It will be a national-level institute for Ayurveda treatment, education and research.

  • The foundation stone of Sri Krishna Ayush University, Kurukshetra was also laid by the Prime Minister, along with foundation stone of ‘Battles of Panipat Museum’.

  • The Prime Minister highlighted that over 11 lakh people benefited from Ayushman Bharat and his government is making efforts to make the life of farmer, poor and middle class easier.

  • Haryana CM: Manohar Lal Khattar, Governor: Satyadev Narayan Arya

Source- All India Radio


First Annual Conference of Media Units under I&B Ministry organized

  • The First Annual Conference of Media Units working under I&B Ministry was organized at Vigyan Bhawan, New Delhi today.

  • Union Minister of State (IC) for Information & Broadcasting and Youth Affairs & Sports Col. Rajyavardhan Rathore chaired the Conference.

  • During the Conference, performance of the Media Units was reviewed. The focus of the Conference was on ensuring synergy between the Media Units in their day to day functioning.

Source- Press Information Bureau


PM to address CREDAI YouthCon -19 tomorrow

  • The Prime Minister, Shri Narendra Modi, will address the CREDAI YouthCon -19, on 13 February 2019, at Talkatora Stadium, New Delhi. The event is organized by the Confederation of Real Estate Developers’ Association of India (CREDAI).

  • YouthCon is the annual Youth Conclave of CREDAI, held to bring together the future of the real estate Industry in India.

  • Established in 1999, CREDAI is the apex body representing real-estate developers from over 200 cities in India.

Source- Press Information Bureau


  • The NITI Aayog and the Michael & Susan Dell Foundation (MSDF) signed a Statement of Intent (SOI) to codify, document and share best practices to improve learning outcomes in public school education through systemic reforms, based on their collective experiences of working with various state governments in India.

  • The SOI was signed in the presence of Mr. Amitabh Kant, CEO, NITI Aayog, by Mr. Alok Kumar, Adviser (HRD), NITI Aayog and Mr. Barun Mohanty, Managing Director (International), MSDF.

  • NITI- National Institution for Transforming India.
    NITI Aayog Vice-Chairman- Rajiv Kumar, CEO- Amitabh Kant.

Source- Press Information Bureau


5th International Dam Safety Conference 2019 begins in Bhubaneswar

  • Bhubaneswar (Odisha) [India], Feb 14 (ANI): The fifth International Dam Safety Conference 2019 was inaugurated by state Water Resources Minister Niranjan Pujari and Union Water Resources and Ganga Rejuvenation Secretary UP Singh

  • The two-day conference is being held under the aegis of the ongoing World Bank-assisted Dam Rehabilitation and Improvement Project (DRIP) as a part of institutional strengthening.
    Over 725 delegates comprising of dam owners, policymakers, dam professionals, scientists and academia are participating in the conference.

  • About 100 overseas experts from 30 countries representing all the major continents of the world are taking part in the event.

  • Globally India ranks third after China and the USA in terms of the number of large dams with 5264 large dams in operation and 437 large dams under construction



The two-day Exercise RAHAT concludes with relief & rescue operation during ‘dam leak and earthquake’

  • A professional display of relief operation during the time of disaster and calamity was exhibited by the Indian Army during Exercise RAHAT on Tuesday.

  • Disaster Relief Forces, Rapid Action Force, police and other stakeholders also took part in mock drill of leakage in dams of Chambal River followed the earthquake.

  • Rajasthan Capital- Jaipur, Chief Minister – Ashok Gehlot, Governor – Kalyan Singh

  • Relief and rescue operation was carried out under Exercise RAHAT on the concluding day of two-day exercise.

  • Sapta Shakti Command has taken the initiative and conceptualised the conduct of Exercise RAHAT – a Humanitarian Assistance and Disaster Relief Exercise in coordination with NDMA and government of Rajasthan.



International Conference on Unani Medicine inaugurated

  • The Minister of State (IC), Ministry of Development of North Eastern Region, MoS PMO and D/o Atomic Energy and Space Dr Jitender Singh inaugurating a two-day International Conference on Unani Medicine organized by the Central Council for Research in Unani Medicine (CCRUM) as a part of Unani Day celebration here in New Delhi.

  • Khan an, whose 150th Birth Anniversary on 11th February is being celebrated as Unani Day; he said that contribution made by him to the traditional medicine and to the nation was remarkable.

  • Shripad Yesso Naik is the Minister of State (Independent Charge) of the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH

Source- Business Standard


Seventh session of World Government Summit held in Dubai

  • the Museum of the Future, part of the World Government Summit events, during the World Government Summit in Dubai, the United Arab Emirates (UAE).

  • The seventh session of the World Government Summit kicked off on Sunday in Dubai, with the participation of more than 4,000 people from 140 countries.

  • Saeed Mohammed Al Tayer, Managing Director and Chief Executive Officer of Dubai Electricity and Water Authority (DEWA), delivers a speech during the World Government Summit in Dubai, the United Arab Emirates (UAE),

Source- GlobalTimes.cn

February 2 2019 Events- Current Affairs


Sanjiv Ranjan appointed as the India’s envoy to Colombia

  • India today appointed Sanjiv Ranjan as its new Ambassador to the Republic of Colombia, Ministry of External Affairs announced on Friday

  • Ranjan , who is the current Ambassador to Argentina, is expected to take up the assignment shortly,

  • Ranjan who is a 1993 batch Indian Foreign Service officer holds a bachelors in Economics from Delhi University and an M.A. in International Relations from Jawaharlal Nehru University.

Source- Business Standard


Yes Bank senior group president Pralay Mondal resigns

  • Private lender Yes Bank’s Senior Group President and Head – Retail & Business Banking, Pralay Mondal has resigned, the bank announced on Friday.

  • He had joined the bank in 2012

  • the bank announced that Ravneet Singh Gill, incumbent managing director of Deutsche Bank, will succeed Rana Kapoor and join the bank on or before March 1, 2019.

  • Yes Bank Headquarters: Mumbai, Maharashtra, Tagline: Experience our Expertise.

Source- Business Standard


Government sets up committee to explore prepaid payments by discoms to generator companies

  • The government has constituted a committee under the Central Electricity Authority (CEA) to explore prepaid payments by state electricity distribution companies to power plants, a government official said.

  • The government is also simultaneously looking at a recommendation made by Cabinet Secretary P K Sinha led panel to put in place a bill discounting mechanism ahead of elections.

  • The latest committee, constituting chairmen of distribution companies of Tamil Nadu and Maharashtra, representatives from Union power ministry and power associations, will look into problems of delayed payments from distribution companies to power generators.

  • The CEA –led committee has been asked to submit its recommendations to the power ministry in one month.

Source- Economic Times


INS Dronacharya wins Kochi Area Boat Pulling Regatta 2019

  • The 2019 edition of Kochi Area Boat Pulling Regatta, which is one of the most prestigious and traditional naval sporting activities conducted in Indian Navy, was held on Thursday in Kochi.

  • The team from INS Dronacharya won the overall regatta trophy (called The Cock) while Anti-Submarine Warfare (ASW) School & Diving School secured the runners up position.

  • Admiral Sunil Lanba is the present Chief of Naval Staff.
    Navy Day in India is celebrated on 4th December.

Source- Times of India


Former IIMC director Hiten Bhaya passes away

  • Former Planning Commission member and ex-director of IIMC Hiten Bhaya passed away at his residence in south Delhi’s Vasant Kunj on Thursday, a family member said.

  • Bhaya was a member of the Planning Commission in the Rajiv Gandhi government and had also served as director of the Indian Institute of Mass Communication (IIMC) and chairman of Hindustan Steel.

Source-Business Standard


Vani Kapoor becomes first Indian to grab Australian LPGA card

  • Vani Kapoor became the first Indian to earn a card for the Australian Ladies PGA Tour (LPGA) after coming through its first-ever Qualifying Tournament at the Ballarat Golf Club.

  • With her Australian LPGA rights secure, Vani also came through a play-off to decide the final spot for the Vic Open, which is co-sanctioned by the Australian LPGA and the US LPGA.

  • Her finish also ensures Vani starts in three Ladies European Tour events to be played in Australia in February-March.

Source- Hindustan Times


South Korean footballer Ki Sung-yueng announces retirement

  • Tokyo, Jan 30 Midfielder Ki Sung-yueng on Wednesday announced his retirement from the South Korean national team.

  • The midfielder had hinted at retirement after the 2018 FIFA World Cup in Russia but decided to compete in the 2019 AFC Asian Cup, currently being held in the United Arab Emirates, at the insistence of the new national team coach Paulo Bento.

Source- Out look India.com


Qatar beat Japan 3-1 to win Asian Cup for the first time

  • Qatar shocked four-time champions Japan 3-1 to win their first Asian Cup title

  • Almoez Ali scored a spectacular overhead kick for a record ninth goal of the tournament

  • Ali’s 12th minute strike took him past Iranian Ali Daei’s 1996 tally of eight goals

Source- Times of India


Women for the win: Mithali Raj becomes first female cricketer to play 200 ODIs

  • India captain Mithali Raj on Friday became the first female cricketer to play 200 ODIs, adding another achievement to her illustrious career.

  • The 36-year-old is also the highest run-getter in ODIs with 6622 runs at an average of 51.33, including seven hundreds.

  • Mithali made her ODI debut way back in 1999 and has featured in 200 games out of the 263 ODIs India have played.

Source- Economic Times

February 1 2019 Events- Current Affairs


Govt renames DIPP as Department for Promotion of Industry and Internal Trade

  • The Department of Industrial Policy and Promotion (DIPP) has been renamed as the Department for Promotion of Industry and Internal Trade with a mandate to deal with matters related to start-ups, facilitating ease of doing business among others.

  • The newly-named department under the Ministry of Commerce and Industry will look into matters related to promotion of internal trade, including retail trade, welfare of traders and their employees, facilitating ease of doing business and start-ups, the order approved by President Ram Nath Kovind said.

  • “A National Trade Policy for retail trade be formulated and a separate ministry for internal trade should also be constituted,” the Confederation of All India Traders (CAIT) had asked in a recent letter to Prime Minister Narendra Modi.

Source- The Hindu Business Line


Pb govt okays ‘Smart Village Campaign’ worth Rs 385 cr

  • The Punjab government Tuesday approved a rural development scheme worth Rs 384.40 crore to supplement the ongoing works to build village infrastructure and provide essential amenities.

  • Named ‘Smart Village Campaign’, the scheme would be financed with funds from the 14th Financial Commission and MGNREGA works.

  • Punjab has a total of 13,276 villages in Punjab.

  • The scheme was approved at a Cabinet meeting chaired by Chief Minister Amarinder Singh.

  • The SVC is aimed at improving the condition of rural areas by supplementing the ongoing government schemes for building infrastructure and providing essential amenities.


  • Punjab CM: Capt. Amarinder Singh, Governor: VP Singh Badnore.

Source-Business Standard


DAC approves indigenous construction of 6 submarines worth Rs 40000 cr

  • The Defence Acquisitions Council, DAC chaired by Defence Minister Nirmala Sitharaman approved indigenous construction of six submarines worth 40 thousand crore rupees.

  • It is the second project under the Ministry’s ambitious strategic partnership model aiming to boost the government’s Make in India’ program.

  • The first project to get the government’s nod for implementation under the new model was the acquisition of 111 utility helicopters for the Navy at a cost of over 21 thousand crore rupees in August last year.

  • Defence Acquisitions Council has also approved the acquisition of about five thousand MILAN Anti Tank Guided Missiles for the Army.

Source- All India Radio


2019 – International Year of the Periodic Table of Chemical Elements

  • The United Nations General Assembly during its 74th Plenary Meeting proclaimed 2019 as the International Year of the Periodic Table of Chemical Elements (IYPT 2019) on 20 December 2017.

  • 1869 is considered as the year of discovery of the Periodic System by the Russian scientist, Dmitri Mendeleev. The IYPT 2019 also commemorates the 150th anniversary of the establishment of the Periodic Table of Chemical Elements.



Interim Budget 2019: the highlights

  • Union Finance Minister Piyush Goyal presented an Interim Budget for 2019 in Parliament.

Here are the highlights from Mr. Goyal’s budget speech:

  1. No income tax for earnings up to ₹5 lakh

  2. Individualss with gross income of up to ₹6.5 lakh need not pay any tax if they make investments in provident funds and prescribed equities

  3. Standard tax deduction for salaried persons raised from ₹40,000 to ₹50,000

  4. TDS threshold on interest on bank and post office deposits raised from ₹10,000 to ₹40,000

  5. TDS threshold on rental income increased from ₹1.8 lakh to ₹2.4 lakh

  6. I-T processing of returns to be done in 24 hours

  7. Within the next 2 years, all verification of tax returns to be done electronically without any interface with the taxpayer

  8. Package of ₹6000 per annum for farmers with less than 2 hectares of land. Scheme to be called Pradhan Mantri Kisan Samman Nidhi.

  9. Vande Bharat Express, an indigenously developed semi high-speed train, to be launched
    One lakh digital villages planned in the next five years

  10. Fund allocation for the Northeast region increased to ₹ 58,166 crore, a 21% rise over last year for infrastructure development.

  11. Anti-camcord regulations to be introduced in the Indian Cinematograph Act to prevent piracy and contact theft of Bollywood films.

  12. Single window clearance for Indian filmmakers.

  13. 25 per cent of sourcing for government projects will be from the MSMEs, of which three per cent will be from women entrepreneurs.

  14. National Artificial Intelligence portal to be developed soon

  15. ESI cover limit increased to ₹ 21,000. Minimum pension also increased to ₹ 1000.

  16. Mega pension scheme for workers in the organised sector with an income of less than ₹15,000. They will be able to earn ₹ 3000 after the age of 60. The scheme will be called Pradhan Mantri Shramyogi Maan Dhan Yojana.

  17. 2% interest subvention for farmers pursuing animal husbandry.

  18. farmers affected by severe natural calamities to get 2% interest subvention and additional 3% interest subvention upon timely repayment

  19. Decision taken to increase MSP (minimum support price) by 1.5 times the production cost for all 22 crops

  20. The 22nd AIIMS to come up in Haryana

Source- The Hindu


Ujjivan Small Finance Bank launches KisanSuvidha loan product for small and marginal farmers

  • Ujjivan Small Finance Bank (SFB) has announced the launch of ‘KisanSuvidha loan’ for small and marginal farmers.

  • Ujjivan has launched the product in Tamil Nadu, West Bengal, Karnataka and Odisha. It provides loans to individuals with an amount ranging from Rs 60,000 – Rs 2 lakh.

  • Ujjivan Small Finance Bank Headquarters: Bengaluru, MD and CEO: Samith Ghosh.

Source- Business Standard


Paytm enters Oyo’s territory; launches on-demand hotel booking business with NightStay

  • Paytm has launched hotel bookings on its platform and acquired NightStay, which offers deals on last-minute bookings at luxury hotels, as the Alibaba-backed payments and ecommerce company expands its travel business.

  • Paytm said it plans to invest Rs 500 crore in scaling up its travel operations and has partnered with more than 5,000 hotels across the budget, luxury and business segments.

Source- Economic Times


Other banks to be out of PCA framework soon, says FM Piyush Goyal in Budget 2019

  • The government expects four public sector banks (PSBs) to graduate from the Reserve Bank’s prompt corrective action framework based on their improved financial performance.

  • Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank of Commerce (OBC) are now out of the Prompt Corrective Action (PCA) Framework, a move that will help expand loan growth to prop up economy.

  • the government announced infusion of Rs 28,615 crore into seven public sector banks (PSBs) through recapitalisation bonds. Out of the seven state-owned banks, Bank of India got the highest amount of Rs 10,086 crore, followed by Oriental Bank of Commerce Rs 5,500 crore and Bank of Maharashtra (Rs 4,498 crore).

Source- Times of India


India’s unemployment rate hit four-decade high of 6.1% in 2017-18, says NSSO survey

  • India’s unemployment rate hit a 45-year-high of 6.1 per cent in 2017-18, as per the National Sample Survey Office’s (NSSO’s) periodic labour force survey (PLFS) of the Ministry of Statistics and Programme Implementation.

  • the rate of joblessness among rural males in the age group of 15-29 years jumped more than three folds to 17.4 per cent in 2017-18 versus 5 per cent in 2011-12. In case of female youth in rural areas, unemployment rate stood at 13.6 per cent in 2017-18 as compared to 4.8 per cent in 2011-12.

  • unemployment was higher in urban areas (7.8%) as compared to 5.3% in rural areas of the country, as mentioned in a report in Business Standard.

Source- Business Today

Jan 05-01-2019 Events-Current Affairs


Government Launches 100% Digital Swachh Survekshan 2019

  • the Minister of Housing and Urban Affairs Hardeep Singh Puri kick-started the fourth edition of what the government claims to be the world’s largest cleanliness survey – Swachh Survekshan, to assess cities of India on their swachh quotient.

  • Swachh Survekshan 2019, a cleanliness survey to be conducted from January 4 to 31 in 4,237 towns and cities and 62 Cantonment Boards, was launched today by the Minister of Housing and Urban Affairs Hardeep Singh Puri in New Delhi

Source- NDTV


ASI declared 6 monuments of national importance in 2018

  • Uttar Pradesh, Karnataka and Tamil Nadu have the highest number of sites maintained by the Archaeological Survey of India.

  • The 125-year-old Old High Court Building in Nagpur, Maharashtra

  • The Group of Temples in Ranipur Jharail in Bolangir district of Odisha,
    2 Mughal era monuments in Agra- Haveli of Agha Khan and Hathi Khana.

  • The Neemrana Baori in Alwar district of Rajasthan

  • The Vishnu Temple in Kotali, Pithoragarh district in Uttarakhand.

Source- The Hindu


New Delhi World Book Fair’s 27th Edition Begins Today at Pragati Maidan with Sharjah as Guest of Honour

  • The 27th edition of the New Delhi World Book Fair (NDWBF), which has the UAE’s third largest emirate Sharjah as its 2019 guest of honour, is set to enthrall book lovers from January 5 to 13 at Pragati Maidan here.

  • An International Disability Film Festival “We Care” will present around 45 film screenings from 27 countries including India, Canada, the US, South Africa, Egypt, Ghana, Hong Kong and several European countries.

Source- News 18.com


Indian Panorama Film Festival begins in New Delhi

  • A 10-day long Indian Panorama Film Festival began at Siri Fort Auditorium in New Delhi yesterday evening.

  • Inaugurating the Festival, Information and Broadcasting Secretary Amit Khare said films rise above all constraints of languages. He said the films to be shown in the Festival reflect the economic progress the country has made and the changes that society has undergone.

  • One minute silence was observed in honour of Bengali filmmaker Mrinal Sen who passed away recently. Sen was a crucial figure of India’s parallel cinema along with Satyajit Ray and Ritwik Ghatak.

  • Minister of Information and Broadcasting: Rajyavardhan Singh Rathore (Minister of State).

Source- All India Radio


NGT imposes Rs 100 crore fine on Meghalaya govt for failing to curb illegal mining

  • The National Green Tribunal on Friday imposed a fine of whopping Rs 100 crore on the Meghalaya government for failing to curb illegal coal mining in the state.

  • the tribunal as an amicus curiae in the mining matter, said a report of a high-level committee was submitted on January 2 before a bench headed by NGT chairperson A K Goel.

  • Meghalaya CM: Conrad Sangma, Governor: Tathagata Roy.

Source- Times of India


80th National Table Tennis Championship begins in Cuttack

  • The 80th National Table Tennis Championship began at Jawaharlal Nehru Indoor Stadium in Cuttack on Friday.

  • As many as 35 teams, including 550 players from different parts of the country are participating in the mega championship.

  • Medal winners at Commonwealth Games and Asian Games Manika Batra, Senior players like Sharath Kamal, Madhuriba Patkar, Olympian Ankita Das are some of the key players who will be in the limelight during the event.

  • Odisha State Table Tennis Association (OSTTA) is hosting the championships after a gap of 18 years. The event will conclude on January 9.

  • Odisha CM: Naveen Patnaik, Governor: Ganeshi Lal.

Source-All India Radio


ICICI Bank, Small Business FinCredit join hands to provide loans to MSMEs

  • It is the first-of-its-kind programme by a bank and an NBFC with the loans of up to Rs 1 crore is for a tenure of 15 years per customer.

  • ICICI Bank and Small Business FinCredit will jointly provide loans worth up to Rs 1 crore to the small and medium enterprises.

  • ICICI Bank on Friday said it has signed a memorandum of understanding with Small Business FinCredit India Pvt Ltd (SBFC) to jointly provide credit to micro, small and medium enterprises (MSMEs).

  • ICICI Bank Headquarters: Mumbai, MD& CEO: Mr. Sandeep Bakshi, Tagline: Hum Hain Na!

Source- the Hindu Business Line


Andhra tops ACI’s Ease of Doing Business index

  • Andhra Pradesh emerged on top of Asia Competitiveness Institute (ACI), Singapore’s 2018 Ease of Doing Business (EDB) Index ABC rankings for economies of 21 states of India, while Maharashtra and Delhi came in second and third place, respectively.

  • EDB index is based upon three parameters called ABC – Attractiveness to Investors, Business Friendliness and Competitiveness Policies. Andhra Pradesh jumped from the 7th rank in 2016 to the 3rd rank in 2018 in Attractiveness to Investors

  • Andhra Pradesh rose from the 5th rank in 2016 to the top spot in 2018.

  • Andhra Pradesh Chief Minister: N. Chandrababu Naidu, Governor: E. S. L. Narasimhan, Capital: Amaravati

Source-Business Standard

Jan 04-01-2019 Events-Current Affairs


RTE amendment Bill passed in Parliament

  • Parliament has passed the Right of Children to Free and Compulsory Education (Amendment) Bill, 2018, with the Rajya Sabha approving it on Thursday.

  • The Lok Sabha had already passed the bill seeking to further amend the Right to Education Act, 2009 to abolish the no-detention policy in schools.

  • No student can be detained up to class 8th under current provisions of the Act.

  • Minister of Human Resource Development: Prakash Javadekar.

Source-All India Radio


Parliament passes NCTE amendment Bill

  • Parliament has passed the National Council for Teacher Education (Amendment) Bill, 2018, with the Rajya Sabha approving it on Thursday.

  • The Lok Sabha had already passed it. The bill seeks to grant retrospective recognition to Central and State institutions which had conducted teacher education courses without approval by the Council.

  • This will be a one-time measure to ensure that the future of about 17 thousand students having degrees from such institutions is secured.

  • Prakash Javadeker is the present HRD Minister of India.

Source- All India Radio


Will India’s Trump Fears Ease With the New US Asia Reassurance Initiative Act?

  • U.S. President Donald Trump signed the Asia Reassurance Initiative Act (ARIA), which promises to bring back fresh focus to American priorities in the Indo-Pacific.

  • Specifically, the ARIA will authorize $1.5 billion in spending for a range of U.S. programs in East and Southeast Asia and develop a long-term strategic vision and a comprehensive, multifaceted, and principled United States policy for the Indo-Pacific region, and for other purposes.

Source-The Diplomat


India’s Arunima Sinha becomes first female amputee to climb the highest peak of Antarctica – Mt Vinson

  • India’s Arunima Sinha, who became the world’s first female amputee to climb Mount Everest in 2013, has added another impressive record to her resume.

  • The 30 year old has now become the first female amputee to climb Mount Vinson, the highest peak of Antarctica.

  • Arunima, a former national level volleyball player turned mountaineer, took to Twitter and made the announcement of her incredible achievement.

Source- Times of India

5.HDFC MF overtakes ICICI Prudential MF to become largest AMC

  • HDFC Mutual Fund has surpassed ICICI Prudential MF to regain top position after two years as the largest asset management company (AMC).

  • HDFC MF looks after assets worth Rs 3.35 lakh crore, ICICI Prudential MF manages Rs 3.08 lakh crore, according to AMFI data.

  • Mr. Milind Barve is the Managing Director of HDFC MF.
    It headquarters in Mumbai.

Source-Financial Express


Syndicate Bank & SBI Life Insurance sign a bancassurance pact

  • Syndicate Bank and SBI Life Insurance signed a bancassurance pact aiming to offer a comprehensive financial planning solution to its customers. The pact was signed between Syndicate Bank MD & CEO, Mrutyunjay Mahapatra and MD and CEO of SBI Life, Sanjeev Nautiyal.

  • Through the pact, Syndicate Bank will provide penetration in the market with its 3,000 branches and SBI Life’s diverse range of protection, wealth creation and savings insurance products will be brought to the table to the customers.

  • Syndicate Bank Headquarters: Manipal, Karnataka

Source- Financial Express

7.SEBI Allows Custodial Services In Commodity Market

  • Markets regulator Securities and Exchange Board of India (SEBI) has allowed custodial services in the commodity derivatives market. The move is aimed at enabling the participation of institutional investors such as mutual funds and portfolio managers in the commodity derivatives market.

  • Under the new framework, existing custodians will be permitted to add commodities as an asset class and provide physical delivery of both the securities and commodities.

  • SEBI- Securities and Exchange Board of India.
    SEBI Chairman- Ajay Tyagi, Headquarters- Mumbai.

Source- Business Standard