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

Jan 03-01-2019 Events-Current Affairs


Cabinet approves setting up HLC for implementation of Assam Accord

  • Union Cabinet has approved the setting up a high level committee for implementation of clause 6 of the Assam Accord and measures envisaged in the Memorandum of Settlement, 2003 and other issues related to Bodo community.

  • The Union Cabinet took several key decisions on Wednesday including setting up of a high-level committee to implement Clause 6 of Assam Accord to hold discussions with all stakeholders on quantum of reservation of seats in Assam Legislative Assembly and local bodies for Assamese people among other decisions.

Source- DD News

2.RBI sets up panel under ex-Sebi chief U K Sinha to suggest measures for MSMEs

  • The Reserve Bank Wednesday set up an expert committee under former Sebi chairman U K Sinha to suggest long-term solutions for the economic and financial sustainability of the MSME sector.

  • The RBI has announced the panel a day after it allowed a one-time restructuring of existing debt up to Rs 25 crore for the micro, small and medium enterprises (MSMEs) which have defaulted on payment but the loans given to them have continued to be classified as standard assets.

Source- Economic Times


Veer Savarkar International Airport in Port Blair Declared As Authorized Immigration Check Post

  • Veer Savarkar International Airport in Port Blair has been declared as an authorized Immigration Check post for entry into/exit from India with valid travel documents for all classes of passengers.

  • Information, Public Relations and Tourism Division of Andaman and Nicobar Administration said this in a press release.

  • This decision of the Union Government will open up the Port Blair Airport for direct international flight and immigration facilities. For this purpose, the Superintendent of Police (CID), Andaman and Nicobar Police has been appointed as the ‘Civil Authority’ for the purpose of the immigration check post.

  • Port Blair is the capital of Andaman and Nicobar.

Source- All India Radio


PM to inaugurate 106th Indian Science Congress today in Punjab

  • PM Modi will likely take a ride in a driverless solar-powered bus developed by the Lovely Professional University students and faculty.

  • Prime Minister Narendra Modi will inaugurate the 106th edition of Indian Science Congress at Jalandhar today (January 3), an annual congregation that witnesses deliberations by top scientific minds of the country.

  • The theme for ISC-2019 is ‘Future India-Science and Technology’ and it will be hosted by the Lovely Professional University (PLU), Jalandhar from January 3-7.


5 .

West Bengal government announces two initiatives for farmers

  • The West Bengal government announced two welfare initiatives for farmers on Monday. Both initiatives, which are part of the ‘Krishi Krishak Bondhu’ scheme, will come into effect from New Year’s Day.

  • The first of the two initiatives will provide Rs 2 lakh to the family of a deceased farmer, Chief Minister Mamata Banerjee told reporters at the secretariat. Under the second initiative, farmers would get Rs 2,500 twice a year for growing a single crop on one acre of land.

  • West Bengal CM: Mamata Banerjee, Governor: Keshari Nath Tripathi

Source-Financial Express


Centre approves renaming of Allahabad as Prayagraj

  • A fortnight ahead of the ‘Kumbh Mela’, the Centre has approved the renaming of Allahabad as Prayagraj as sought by the Uttar Pradesh government.

  • The decision came more than two months after the state government, headed by Chief Minister Yogi Adityanath, took the decision to rename the historic city as Prayagraj.

  • Agartala Airport renamed as Maharaja Bir Bikram Manikya Kishore Airport.
    British-era railway station Robertsgang renamed as Sonbhadra.

  • Iconic Mughalsarai junction renamed after Deen Dayal Upadhyay.

  • Chhatrapati Shivaji International Airport in Mumbai renamed as Chhatrapati Shivaji ‘Maharaj’ International Airport.

Source- Times of India

7.Complaints with bank ombudsman surge 25% in FY18

  • The number of complaints registered at banking ombudsman offices have seen a 25% increase in the fiscal year 2018, with majority of these complaints coming from urban centres owing to increased awareness and poor internal redressal mechanisms of banks.

  • The banking ombudsman offices in tier-1 cities like New Delhi, Mumbai, Chennai, Kolkata, Bengaluru and Hyderabad accounted for more than 57% of the total complaints received by all BO offices,” the RBI Report on Trend and Progress of Banking in India has stated.

Source-Economic Times


Saurabh Kumar takes over as chairman of Ordnance Factory Board

  • Saurabh Kumar took over as the Director General of Ordnance Factories (DGOF) and chairman of the Ordnance Factory Board (OFB) in Kolkata.

  • An expert in the manufacture of ordnance, Kumar was on deputation to the Ministry of Defence as the director of planning and coordination from 2002 to 2009.

  • Ordnance Factory Board Headquarters: Kolkata.

Source-Business Standard


Hemant Bhargava appointed LIC’s Acting Chairman

  • The government has appointed Hemant Bhargava, Managing Director, Life Insurance Corporation of India, as the Acting Chairman.

  • The move comes after VK Sharma retired from the top job at LIC on December 31. Sources said the Department of Financial Services issued the order on Tuesday.

  • While traditionally the senior-most MD is appointed chairman, Bhargava is due to retire in July 2019.

  • LIC Headquarters in Mumbai.

Source- Business Standard

Jan 2-1-2019 Events-Current Affairs

1.Allahabad Bank, SBI Life join hand for bancassurance partnership

  • State-owned Allahabad Bank has tied up with SBI Life Insurance to sell the policies of the insurer from over 3,200 branches.

  • The tie-up, one of the largest Bancassurance partnerships in the country, will see 3,238 branches of Allahabad Bank across the country offer SBI Life’s range of protection, wealth creation and savings products to its customers, it said.

  • Allahabad Bank MD and CEO: S. S. Mallikarjuna Rao, Headquarters in: Kolkata.

  • SBI Life MD and CEO: Sanjeev Nautiya, Headquarters in: Mumbai.

Source- Business Standard

2.Govt infuses nearly Rs 11,000 cr capital in public sector banks

  • The government has infused 10,882 crore rupees in four public sector banks, including UCO Bank and Syndicate Bank. It is part of 28,615 crore rupees capital infusion to be done in seven public sector lenders.

  • UCO Bank has received 3,074 crore rupees in the equity by way of preferential allotment.

  • Bank of Maharashtra got 4,498 crore rupees, Syndicate Bank 1,632 crore and the Central Bank of India 1,678 crore.

Source- All India Radio

3.RBI allows Paytm Bank to restart account opening

  • Paytm Payments Bank has received the green light from the Reserve Bank of India to restart opening accounts for its customers.

  • The bank intends to start Know Your Customer formalities for its wallets as well as its bank accounts from Dec 31, confirmed a company spokesperson.

  • The RBI had asked the bank to stop adding new customers about six months back in June, when a regulatory audit found lapses on the part of the entity to stick to RBI’s requirements.

  • Satish Kumar Gupta is the managing director and CEO of the Paytm Payments bank.

Source – Economic Times

4.RBI provides 1-year loan rejig window for MSMEs

The Reserve Bank of India today released the eighteenth issue of the Financial Stability Report (FSR). The FSR reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability, as also the resilience of the financial system. The Report also discusses issues relating to development and regulation of the financial sector.

Overall assessment of systemic risks

India’s financial system remains stable, and the banking sector shows signs of improvement, even though the global economic environment and the emerging trends in financial sector pose challenges.

Global and domestic macro-financial risks

The global growth outlook for 2018 and 2019 remains steady although the underlying downside risks have risen.

Spill-over risk to emerging economies engendered by tightening of financial conditions in Advanced Economies, protectionist trade policies and global geopolitical tension has significantly increased.

The gradual monetary policy normalisation in advanced economies (AEs) as also the uncertainty in global trade regime may adversely affect capital flows to emerging markets (EMs) and exert upward pressure on EM interest rates and corporate spreads.

On the domestic front, growth of gross domestic product (GDP) showed slight moderation in Q2:2018-19 while inflation remains contained.

In domestic financial markets, structural shifts in credit intermediation and the evolving interconnectivity between banks and the non-banks call for greater vigilance.

Financial Institutions: Performance and risks

Credit growth of scheduled commercial banks (SCBs) has improved between March 2018 and September 2018, driven largely by private sector banks (PVBs).

The asset quality of banks showed an improvement with the gross non-performing assets (GNPA) ratio of SCBs declining from 11.5 per cent in March 2018 to 10.8 per cent in September 2018.

Under the baseline scenario, GNPA ratio may decline from 10.8 per cent in September 2018 to 10.3 per cent in March 2019.

Analysis of the financial network structure for the period September 2017 – September 2018 reveals a shrinking inter-bank market and increasing bank linkages with asset management companies-mutual funds (AMC-MFs) for raising funds and with NBFCs/Housing Finance Companies (HFCs) for lending

Source- Reserve Bank of India

5.India is expected to witness strong economic growth in 2019, says CII

  • The country is expected to witness strong economic growth in 2019, after it emerged as the fastest growing major world economy this year despite growing global vulnerabilities, industry body Confederation of Indian Industry (CII)

  • GST implementation, capacity expansion from growing investments in infrastructure, continuing positive effects of reform policies and improved credit offtake especially in the services sector at 24 per cent will sustain the robust GDP growth in the range of 7.5 per cent in 2019,” CII Director General Chandrajit Banerjee.

  • CII President (2018-19): Mr. Rakesh Bharti Mittal, Headquarters: New Delhi.

Source- Business Standard

6.Jasprit Bumrah finishes 2018 as the highest wicket-taker across all formats

  • India pacer Jasprit Bumrah finished 2018 as the highest wicket-taker across all formats in the calendar year.

  • The fast bowler, who helped India win the third Test in Melbourne by 137 runs by picking up a nine-wicket haul, took 78 wickets in this year.

Source- Hindustan Times

7.Veteran actor-writer Kader Khan passes away at 81

  • Veteran actor-writer Kader Khan passed away due to prolonged illness at the age of 81 on December 31, his son Sarfaraz confirmed.

  • “The last rites will be performed in Canada only. We have our entire family here and we live here so we are doing it,” Khan’s son Sarfaraz said.

  • Born in Kabul, Khan made his acting debut in 1973 with Rajesh Khanna’s “Daag” and featured in over 300 films.

Source- Times of India

JAN 01-01-2019 Events-Current Affairs


100% houses in 25 states electrified under Saubhagya Yojana

  • The country achieved yet another milestone in the power sector with completion of electrification in 100% households in 25 states at year end.

  • Now, only about 10.48 lakh households are left to be electrified in 4 states – Assam, Rajasthan, Meghalaya and Chhattisgarh.

  • Since the launch of Saubhagya, in the state of Uttar Pradesh, 74.4 Lakh willing households have been electrified and state government has declared saturation of all 75 districts.

  • The central government launched ‘Pradhan Mantri Sahaj Bijli Har Ghar Yojana’ (Saubhagya) in September 2017 to achieve the goal of universal household electrification in the country by 31 March, 2019.

Source- DD News


Government sets up export promotion cell for MSMEs

  • The MSME ministry has established an export promotion cell to create a sustainable ecosystem for micro, small and medium enterprises (MSMEs), Parliament was informed Monday.

  • The benefits likely to accrue from the setting up of the cell include integration MSMEs into global value chain, evaluation of readiness of MSMEs to export their products and services, and recognition of areas where improvements are required in order to be able to export effectively and efficiently.

  • Minister of MSME: Shri Giriraj Singh (Minister of State, Independent Charge).

Source- Economic Times


Minister launches 100 Ujjwala Sanitary Napkin units in Odisha

  • Petroleum and Natural Gas Minister, Dharmendra Pradhan on Sunday launched ‘Ujjwala Sanitary Napkins’ initiative saying it will go a long way in making Odisha’s 2.25 crore women empowered and self-reliant.

  • the novel initiative, which will cover 93 blocks in 30 districts of Odisha, oil marketing companies (OMC) will set up 100 manufacturing units at the Common Service Centres (CSC) at an estimated cost of Rs 2.94 crore.

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

Source- Times of India


US, Israel quit UNESCO citing bias

  • The United States and Israel officially quit the United Nations Educational, Scientific and Cultural Organization (UNESCO) with the close of 2018.

  • The countries had announced their decisions in 2017 of withdrawing from the agency, accusing it of bias against Israel.

  • Israel joined the agency in 1949. It is best known for its World Heritage program, which designates cultural sites and aims to preserve traditions.

  • France’s Audrey Azoulay- 11th DG of UNESCO, UNESCO Headquarters- Paris, France.

Source- All India Radio


Axis Bank MD & CEO Shikha Sharma retires; Amitabh Chaudhry takes charge

  • Chaudhry, the former MD and CEO of HDFC Standard Life Insurance Company, was in September named the MD and CEO of Axis Bank for a period of three years

  • Chaudhry, the former MD and CEO of HDFC Standard Life Insurance Company, was in September named the MD and CEO of Axis Bank for a period of three years, with effect from January 1, 2019. Earlier on December 8, Axis Bank had inducted Chaudhry as additional director on its board, three weeks ahead of his taking over as the new managing director and CEO of the private sector lender.

  • Axis Bank Headquarters in Mumbai.

Source- Times of India


V K Yadav takes charge as Chairman, Railway Board

  • Vinod K. Yadav, General Manager of South Central Railway (SCR), today took charge of his new responsibility as Chairman, Railway Board.

  • Indian Railways will continue to focus on safety and passenger amenities, infrastructure development will be high on priority”.

  • Piyush Goyal is the Present Railways Minister of India.

Source- Hindu Business Line


Trump praises Brazil’s new President Bolsonaro after he vowed to ‘strengthen democracy’

  • Right-wing nationalist Jair Bolsonaro was sworn in as Brazil’s president on Tuesday, and immediately called on Congress to combat endemic corruption and promised to “work tirelessly so that Brazil reaches its destiny.”

  • Addressing a joint session of Congress minutes after taking the oath of office, Bolsonaro, a former Army captain and admirer of the country’s 1964-1985 military dictatorship, vowed to adhere to democratic norms.

  • Brazil Capital: Brasilia, Currency: Brazilian real.



TB Radhakrishnan takes oath as first Chief Justice of Telangana High Court

  • Justice Thottathil Bhaskaran Nair Radhakrishnan was on Tuesday sworn in as the first Chief Justice of Telangana High Court, which came into existence on New Year’s day more than four and a half years after the bifurcation of Andhra Pradesh in 2014.

  • Justice Radhakrishnan was administered the oath of office and secrecy by Governor of Telangana and Andhra Pradesh ESL Narasimhan at a simple ceremony in Raj Bhavan at 8.30am.

Source- Hindustan Times

Dec 13-12-2018 Events-Current Affairs

1.K Chandrashekar Rao takes oath as Telangana CM

  • TRS president K Chandrashekar Rao, who led his party to a massive victory in the December 7 assembly elections, was sworn-in Thursday as the chief minister of Telangana for a second straight term.

  • KCR, as Rao is popularly known, was administered the oath of office and secrecy by Governor E S L Narasimhan at a simple ceremony on the lawns of Raj Bhavan here.

Source- Economic Times

2.Zoramthanga to be sworn in as Mizoram CM on Saturday

  • Mizo National Front (MNF) president Zoramthanga would be sworn-in as the chief minister of Mizoram at the Raj Bhavan here at 12 noon on Saturday, state protocol department officials said Wednesday.

  • Governor Kummanam Rajasekharan formally invited Zoramthanga on Wednesday to form the next government after receiving the signed notification of the result from Election Commission officials who arrived here late in the evening, Raj Bhavan sources said.

  • Mr. Zoramthanga will replace Lal Tanhawla

  • He was the state chief minister for two terms earlier from 1998 to 2008.

Source-Press Trust Of India

3.Kovind launches mobile app for farmers in Myanmar

  • President Ram Nath Kovind on Wednesday launched a mobile app for farmers in Myanmar and dedicated a centre to promote agriculture research and education to the people here.

  • External Affairs Ministry spokesperson Raveesh Kumar said that the president launched the mobile app on agritech.

  • while dedicating the Advanced Centre for Agricultural Research and Education (ACARE) in Yezin Agricultural University to the people of Myanmar.

  • President Kovind also dedicated the Rice Bio Park in Yezin Agricultural University to the people of Myanmar which was set up under the mentorship of M S Swaminathan Research Foundation.

  • Myanmar (Burma) Capital: Naypyidaw, Currency: Burmese kyat.

  • Myanmar is the only ASEAN member state that is both a land and maritime neighbor of India.

Source– Times of India

4.India signs ascension pact to the 30-member Trans Regional Maritime Network

  • India Monday signed an ascension pact to the 30-member Trans Regional Maritime Network that will give it an access to the information on ships passing through the Indian Ocean Region.

  • India already has bilateral White Shipping Agreements with 36 countries.

  • “India today signed Ascension Agreement to the Trans Regional Maritime Network (T-RMN). The multilat (sic) construct comprises 30 countries & is steered by Italy. Cmde KM Ramakrishnan signed the agreement at Rome in Italian Naval Hq on behalf of #IndianNavy,” the Navy’s spokesperson.

  • Nitin Jairam Gadkari is the present Minister of Shipping.

Source- Economic Times

5.CAG Rajiv Mehrishi appointed as Vice-Chair of UN Panel of Auditors

  • Comptroller and Auditor General Rajiv Mehrishi has become the Vice-Chair of the UN Panel of Auditors, CAG said on Tuesday. The United Nations Panel of Auditors consists of External Auditors of the United Nations and its agencies.

  • Presently, the panel consists of 11 countries — India, Germany, Chile, Canada, France, Italy, Philippines, Ghana, Indonesia, Switzerland and United Kingdom. Currently, the panel is chaired by the Comptroller and Auditor General of the UK.

Source- The Hindu Business Line

6. Russia emerges as world’s No. 2 arms producer

  • A Swedish think tank said Monday that Russia has emerged as the world’s second-largest arms producer after the United States. Russia surpassed Britain, which had held that spot since 2002 and remains Western Europe’s No. 1 arms maker.

  • The Stockholm International Peace Research Institute said in its annual report on the world’s 100 biggest armaments groups that the combined arms sales of Russian companies amounted to $37.7 billion in 2017, an 8.5 percent rise from a year earlier.

  • Russia’s sales accounted for 9.5 percent of a worldwide total of $398.2 billion.

  • Russia Capital: Moscow, Currency: Russian ruble.

Source- Economic Times

7.SAIL Hockey Academy wins Aga Khan Gold Cup tournament

  • Steel Authority of India’s Hockey Academy beat Army XI Danapur 2-1 to clinch the 115th All India Aga Khan Gold Cup hockey tournament here.

  • Jay Prakash Patel scored the match-winning goal for the SAIL Hockey Academy (SHA) in the final match played on Sunday at Major Dhyan Chand Hockey Stadium here.

  • Aga Khan Gold Cup is one of the oldest hockey tournaments in the country.

Source- Business Standard

8.Manika Batra First Indian To Win ‘Breakthrough Table Tennis Star’ Award

  • Manika Batra became the first Indian to win a ‘Breakthrough Table Tennis Star’ award at the prestigious ITTF Star Awards in South Korea on Wednesday.

  • Manika started the year on a high at the 2018 Commonwealth Games, guiding India to its first-ever gold medal in the Women’s Team category as they defeated four-time gold medallists and defending champions Singapore 3-1.

  • She bagged another gold in the Women’s singles category and defeated former World No.4 Feng Tianwei on her way to the first spot.

  • Manika also reached her career-best ranking of 52 in 2018 and became India’s highest ranked female player.

Source- NDTV news

9.Allan Border Medal Rebranded As Australian Cricket Awards

  • The Australian Cricket Awards will be a wonderful celebration of our sport and an occasion that highlights the achievement of our women’s and men’s players, said CA CEO Kevin Roberts.

  • With the increase in recognition of women’s cricket and the popularity of the T20 format, Cricket Australia (CA) and the Australian Cricketers’ Association (ACA) on Thursday announced to rebrand its Allan Border Medal to Australian Cricket Awards from 2019 onwards

Source-Hindustan Times

Dec 12-12-2018 Events- Current Affairs

1.India ready to support fellow countries in achieving development goals: PM

  • Prime Minister Narendra Modi has said, India is one of the first countries to advocate focused attention on adolescence and implement a full-fledged health promotion and prevention programme for them.

  • Inaugurating the fourth Partners’ Forum in New Delhi today, Mr Modi said, a lot of interventions required, from bigger budgets to better outcomes and from mindset change to monitoring.

  • The Prime Minister said, health of mothers will determine the health of the children and health of children will determine the health of tomorrow.

  • When the Millennium Development Goals were agreed on, India had one of the world’s highest mortality rates for women and children.

Source- All India Radio

2.To connect with Direct Benefit Transfer (DBT), an online portal “ENSURE” has been launched

  • Union Minister of Agriculture and Farmers’ Welfare Shri Radha Mohan Singh launched a portal ENSURE- National Livestock Mission-EDEG developed by NABARD and operated under the Department of Animal Husbandry, Dairying & Fisheries today.

  • In order to make it better, simpler and transparent, the NABARD has developed an online portal “ENSURE(https://ensure.nabard.org) so that the information related to beneficiary and processing of application can be made readily available.

  • NABARD Chairman- Harsh Kumar Bhanwala, Headquarters- Mumbai, Established on- 12 July 1982.

Source-Press Information Bureau

3.Govt launches Twitter account to spread awareness about cyber crimes

  • UNION Home Ministry has launched a Twitter account to spread awareness about cyber crimes and normal precautions to be taken. The Twitter handles – @CyberDost – is aimed at enhancing people’s basic knowledge about cybercrimes and precautions to be taken for prevention.

  • Home Ministry said in the release that government is committed to creating an ecosystem to prevent and control cyber crimes to mitigate the possibility of disruption in normal business activities or losses due to cybercrimes.

  • Rajnath Singh is the Home Minister of India.


4.EU Ambassador opens India’s first CoE at MAHE

  • India’s first Jean Monnet Centre of Excellence established by the European Union was inaugurated at the Department of European Studies (DES) at Manipal Academy of Higher Education here on Saturday by Ambassador of the European Union (EU) to India and Bhutan, Tomasz Kozlowski.

  • The award comes with a grant of €1,00,000 to pursue India-EU interdisciplinary studies in culture, literature, education and society.

Source-Business Standard

5.Israel becomes member of global body against money laundering, terror financing

  • Israel on Monday became a full member of the Financial Action Task Force, an international body set up to combat money laundering, terrorist financing and other threats to the international financial system.

  • The Jewish state has now taken its place alongside 37 other members — including most of the G20, the world’s 20 leading industrialized and emerging economies — just 16 years after being blacklisted by the organization.

  • FATF President Marshall Billingslea

  • Israel Capital: Jerusalem, Currency: Israeli new shekel.

Source-Times of Israel

6.Naomi Osaka’s coach, Sascha Bajin, named WTA Coach of the Year

  • Sascha Bajin was chosen as the first winner of the WTA Coach of the Year award after helping Naomi Osaka to her US Open title.

  • The first season as a team for Bajin and Osaka produced her first WTA title at Indian Wells, then her first Grand Slam title in New York, where she beat Serena Williams in the final. Bajin used to work with Williams.


7.Mary Kom honoured with Meethoileima title

  • Manipur Government yesterday honoured AIBA World Women Boxing Gold medalist MC Mary Kom with the title “Meethoileima” (par excellent queen) at a function in Imphal yesterday.

  • On the occasion, State Chief Minister N. Biren Singh handed over a cheque of ten lakh rupees to her. The Chief Minister also declared that the Imphal West DC Road towards Game Village will be named as MC Mary Kom Road.

Source-All India Radio

8.Slain Journalist Jamal Khashoggi Named Time Magazine’s ‘Person of the Year’

  • Saudi journalist Jamal Khashoggi, who was murdered in October at his country’s Istanbul consulate, was on Tuesday named Time magazine’s “Person of the Year” alongside several other journalists.

  • The magazine also honored Philippine journalist Maria Ressa, Reuters reporters Wa Lone and Kyaw Soe Oo — currently imprisoned in Myanmar — and the staff of the Capital Gazette in Annapolis, Maryland, including five members killed in a June shooting.

  • Time awards the “Person of the Year” title annually since 1927.

  • It is the first time someone has been chosen posthumously for the prestigious cover.

  • US President Donald Trump was the 2016 “Person of the Year”.


9.Shaktikanta Das appointed as the new RBI Governor

  • Former economic affairs secretary Shaktikanta Das was named the 25th governor of the Reserve Bank of India (RBI) to succeed Urjit Patel, who quit abruptly on Monday amid a bitter dispute over the regulator’s autonomy.

  • The appointment means that the central bank will once again be headed by a former Indian Administrative Services (IAS) officer. Patel, who had said he was resigning for personal reasons, and his predecessor Raghuram Rajan are economists.

Source-Economic Times

10.RBI slaps Rs 1 crore fine on Indian Bank for violating cyber security norms

  • The Reserve Bank of India Tuesday said it has imposed a fine of Rs 1 crore on Indian Bank for violating cyber security norms.

  • The RBI has imposed, by an order dated November 30, 2018, a monetary penalty of Rs 10 million on Indian Bank for contravention of circular on Cyber Security Framework in banks, the central bank said .

Source- Economic Times

11.Former Kerala minister, veteran Cong leader C N Balakrishnan passes away

  • Veteran Congress leader and former Kerala minister C N Balakrishnan died at a private hospital here, party sources said Tuesday.

  • He was 84.

  • Balakrishnan, a former Cooperation minister, undergoing treatment for pneumonia at a private hospital here and the end came late Monday night, the sources said.

Source-Business Standard