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Wednesday, 30 November 2016

Bapu's Charkha among 100 'Most Influential Photos of All Time'

A 1946 picture of Mahatma Gandhi with his Charkha (spinning wheel) in the foreground is among the 100 most influential images of all time, according to a compilation by Time magazine of “images that changed the world.”

4 India-born CEOs on Fortune's Businessperson of the Year list

4 leading India-born CEOs, including Microsoft’s Satya Nadella and Mastercard’s Ajay Banga, who delivered big in taking their companies ahead, have featured in Fortune’s Businessperson of the Year list topped by Facebook founder Mark Zuckerberg.

Susan Kiefel become Australia’s first woman highest ranking judge

A former law firm receptionist Susan Kiefel has been appointed as Australia’s first woman Chief Justice of Australia by Prime Minister Malcolm Turnbull. She will replace Justice Robert French. Kiefel will become the 13th Chief Justice of Australia and the senior judge on the seven-judge bench. She became the first woman judge of the Supreme Court of Queensland state in 1993.

M. M. Kutty appointed Delhi Chief Secretary

Senior IAS officer M. M. Kutty has been appointed the Delhi Chief Secretary. He replaced K. K. Sharma, who was transferred to the Union HRD Ministry as officer on special duty. The Centre has sent back Kutty to his parent Union Territories cadre before completion of the tenure of his Central deputation.

Government approves 6 new SEZs for IT, biotech

The Government of India has approved 6 proposals from four developers to set up a new special economic zones (SEZs) IT and biotechnology across Telangana, Haryana and Karnataka.

India's first bicycle highway inaugurated in UP

Uttar Pradesh Chief Minister Akhilesh Yadav has inaugurated India’s first and Asia’s longest bicycle highway between Agra and Etawah in UP. A rally of 90 cyclists from five countries and across India followed the inauguration ceremony at the Lion Safari in Etawah.

Akodara in Gujarat becomes India’s first Digital Village

Akodara village in Sabarkantha district of Gujarat recently has earned the title of becoming the 1st digital village in India. The village, which sustains a total population of 1191 people, uses various cashless systems for payments of goods and services. All transactions in the village are carried out through digital modes like net-banking, SMS or debit cards.

Tuesday, 29 November 2016

Lt Gen AK Bhat appointed new DGMO

Lt Gen A K Bhatt has been appointed as the country’s new Director General of Military Operations (DGMO) and will be in charge of all army operations including on the LoC which has seen heightened tension.

IAS officer wins gold in Para-Badminton Championships

IAS officer Suhas LY struck gold in the Asian Para-Badminton Championships that was held in Beijing by defeating Indonesian player Harry Susanto in straight sets by 21-4 and 21-11. Suhas, who is posted as the Azamgarh district magistrate, got a wildcard entry to the championships and ensured his seat in the finals by winning six consecutive matches.

RBL Bank ties up with Bajaj finance for co-branded credit cards

Private sector lender RBL Bank has tied up with non-banking finance company Bajaj Finance, to launch a series of co-branded credit cards for Indian customers. The first of these credit cards is proposed to be launched in the fourth quarter of FY17. The co-branded cards are targeted at the large segment of people in metros and non-metros who have no credit cards.

E-commerce firms like Flipkart and Snapdeal to deduct TCS under GST

As per the new GST law, E-commerce giants Flipkart and Snapdeal will have to deduct 2% TCS (Tax Collected at Source) while making payments to their suppliers and deposited TCS amount with the government. The new model GST law provides for 1% TCS and 1% tax levied on inter-state movement of goods. It will not apply to aggregators like Ola,Uber etc.

Amitabh Bachchan Starrer Pink To Be Screened at UN Headquarters on Special Invitation

Pink, the Amitabh Bachchan starrer Bollywood film, has been invited by the Movses Abelian,  Assistant Secretary-General of the United Nations for a special screening at its headquarters in New York, USA. Directed by Aniruddha Roy Chowdhury and written by Ritesh Shah, the film- a modern Indian courtroom drama - highlights the issue of gender violence.

UNESCO Salon Competition: Toonz wins award for 'Magical Piano'

'Magical Piano', a short film by the Toonz Media Group has won an award at the prestigious UNESCO Salon Youth Video Competition 2016.

Delhi has overtaken Mumbai to become India's economic capital: Oxford Economics study

According to data released by Oxford Economics, Mumbai is at number 31 among 50 top metropolitan economic entities globally in 2015, while Delhi is at 30. The Delhi extended urban agglomeration (EUA) had a Gross domestic product (GDP) at Purchasing Power Parity (PPP) of $370 billion. Mumbai EUA had a GDP of $368 billion

Argentina defeats Croatia to win 2016 Davis Cup

Argentina defeated Croatia to win their first ever maiden Davis Cup tennis title in Zagreb, Croatia on November 28, 2016. Del Potro and Federico Delbonis are played a remarkable play to win the title. Argentina had lost in the final of the tournament four times earlier while Croatia won the title in 2005.

Utkarsh Micro Finance gets final nod to set up Small Finance Bank

Varanasi-based micro-finance institution, Utkarsh Micro Finance has received the final license from the Reserve Bank of India (RBI) to start operations as Small Finance Bank (SFB). In October 2015, Utkarsh Micro Finance had got the "in-principle" approval to set up SFB as per the guidelines issued by the RBI.

Monday, 28 November 2016

Insolvency and Bankruptcy Board sets up two advisory panels

Putting in place the operational framework for insolvency and bankruptcy law, IBBI is being assisted by two advisory panels with inputs on various aspects, including on service providers and corporate liquidation.

Marathi litterateur Anand Yadav passes away

Noted Marathi author and Sahitya Akademi awardee Anand Yadav died in Pune on 27 November. He was 80. His autobiography 'Zombi' had won Sahitya Akademi award in 1991. During his illustrious career, Yadav had faced a major controversy over his book 'Santsurya Tukaram', wrote on Sant Tukaram, a saint-poet from the 17th century.

Bajaj Allianz General Insurance and Canara Bank tie-up

Public sector bank Canara Bank has signed a corporate agency agreement Bajaj Allianz General Insurance for the distribution of Bajaj Allianz’s general insurance products through its branches. As per the agreement, Bajaj Allianz General Insurance will offer its leading general insurance plans to the customers of Canara Bank.

Transgender or third gender option now in railway reservation forms

The Indian Railways and Indian Railways Catering and Tourism Corporation (IRCTC) have included ‘transgender as the third gender’ in the gender option along with male and female in the railway ticket reservation and cancellation forms. The decision stands for both offline and online booking.

Mariamma Koshy is new Hockey India President

Former Hockey player Mariamma Koshy on 25 November 2016 took charge of Hockey India as its president with immediate effect. Hockey India, during its 41st Hockey India Executive Board meet, announced that Koshy will head the national body.

Pakistan Appoints Gen. Qamar Javed Bajwa as Army Chief of Staff

Lt. Gen Qamar Bajwa has been appointed as the chief of Pakistan Army by the Prime Minister Nawaz Sharif. He will replace Gen Raheel Sharif who will retire on November 29, 2016. 

Tata Steel removes Cyrus Mistry as chairman

Tata Steel has removed former head of Tata Sons Cyrus Mistry as chairman of its board in a board meeting, replacing him with O P Bhatt, an independent director on the board of the company and former head of State Bank of India.

Aditi Ashok wins inaugural Qatar Ladies Open

Indian golfer Aditi Ashok has won the inaugural Qatar Ladies Open in Doha. With this, she recorded her second straight victory on the Ladies European Tour.

Sunday, 27 November 2016

Jharkhand adopts new bill to curb job racket

The Jharkhand government has introduced a strict law against placement agencies to rein in those involved in exploiting people on the pretext of giving employment outside the state. The government framed ‘Jharkhand Nizi Niyozan Abhikaran and Gharelu Kamgar (viniyam) vidheyak 2016 (Jharkhand private employment agency and domestic employee bill) which was passed  by the assembly recently. 

Assam hill station to host festival on sports, culture

Assam's picturesque hill station Haflong will host the three-day 'Judima Festival' next month when tourists can indulge in a number of adventure sports like trekking, hiking, angling and satiate their taste buds by gulping one of the best traditional brews of the region. 

PV Sindhu loses Hong Kong Open Super Series final

In Badminton, Rio Olympics silver medallist PV Sindhu has lost in the Final of the Hong Kong Open Super Series tournament. 

IFFI nominates 8 movies for ICFT UNESCO Gandhi Medal

The International Film Festival of India (IFFI) has nominated eight movies for this year’s International Council for Film, Television (ICFT) and Audio-visual Communication UNESCO Gandhi Medal. 

RBI Introduces Incremental CRR To Manage Excess Liquidity In Banking System

In order to absorb the surge in liquidity in banking system following demonetisation of high value notes, the Reserve Bank introduced an incremental Cash Reserve Ratio (CRR) of 100 per cent for the fortnight which began from 26th November 2016.  CRR is the portion of the deposits which banks are required to park to the RBI. Currently it is at 4 per cent.

Old ₹500 valid for purchasing stamp papers in UP till Dec 15

Uttar Pradesh's Inspector General of Registration Anil Kumar on Saturday announced that the state government has allowed the use of old ₹500 currency notes for purchasing stamp papers until December 15. The exemption has been given as per the Union government's November 24 notification and necessary orders in this regard have been issued, Kumar added.

New Zealand, Australia most searched by Indian travellers in 2016

New Zealand was the most searched country by Indian travellers in 2016, with travel searches increasing by 52% this year when compared to 2015, according to a new Skyscanner survey. Australia, the second most searched destination, recorded an increase of 47% in searches when compared to 2015. Malaysia and the UK witnessed a 28% and 15% increase in travel searches.

Sachin 3rd Indian boxer to win gold at Youth World C'ship

Sachin Singh became only the third Indian boxer to win a gold medal at the Youth World Championships after registering a 5-0 unanimous win over Cuba's Jorge Grinan in St. Petersburg, Russia on Saturday. The 16-year-old boxer, who fought in the 46-49 kg weight category, will be given ₹1 lakh as a reward for his performance at the championship.

Saturday, 26 November 2016

Cuba’s former President Fidel Castro passes away

Cuba’s former president and leader of the Communist revolution Fidel Castro passed away due to old age. He was 90. He was commander in chief of the 1959 Cuban revolution 1959  and had successfully built a communist state on the doorstep of the United States during Cold War. He had ruled Cuba as a one-party state for almost half a century (from 1976 to 2008) before handing over the powers to his brother Raul Castro in 2008 due to ill health.

Constitution day: 26th November

The Constitution Day of India is being observed on 26th November to spread awareness of Indian Constitution. On this day in 1949, constitution of India was adopted and came into force on January 26, 1950 marking the beginning of a new era in the history of free India.

Centre forms committee to push cashless transactions

The Government has constituted a new committee to form a strategy to expedite the process of transforming India into a cashless economy. The committee will be headed by Niti Aayog CEO Amitabh Kant.  It has been tasked with identifying various bottlenecks affecting access of digital payments.

Culture ministry releases coins to mark 500th anniversary of Hindu saint

Shri Narendra Kumar Sinha, Secretary, Ministry of Culture has released a Commemorative Non-Circulation Coin of Rs.500 and a Circulation Coin of Rs.10 on November 25, 2016, to mark a year-long celebration of “500th Anniversary of Shri Krishna Chaitanya Mahaprabhu’s Coming to Vrindavan”.

South Indian Bank launches contactless debit card

Kerala based South Indian Bank has launched contactless debit card which is based on Near Field Communication (NFC) technology. Customers can also use this card as contact chip card. If customers use this card at the contactless PoS terminal, the customer simply has to just wave the card on the terminal and the payment is processed wirelessly in a fast and secure manner.

Co-creator of MiG-29 Ivan Mikoyan dies aged 89

Ivan Mikoyan, Russian aircraft designer and one of the minds behind the MiG-29 fighter jet has died, aged 89. He was a lead engineer at MiG Aircraft Corporation's design bureau, founded by his uncle Artyom Mikoyan. He awarded the USSR State Prize twice for his contributions to the MiG project and  remained a company adviser until his death.

Senior journalist Dileep Padgaonkar passes away

Noted journalist and former Editor-in-Chief of the ‘Times of India’, Dilip Padgaonkar passed away on 25 November 2016, following a heart attack and multi-organ failure. He was 72. He began his career as a journalist in 1968 as The Times of India's Paris correspondent. He became the newspaper's editor in 1988, a post he held for six years.

Mary Kom to Receive 'Legends Award' from International Boxing Association

Celebrated Indian boxer M C Mary Kom is all set to add another honour to her glittering career when she receives the 'Legends Award' from the International Boxing Association (AIBA) on its 70th anniversary on December 20.

Friday, 25 November 2016

International Day for the Elimination of Violence against Women: 25 November

The 2016 International Day for the Elimination of Violence against Women is observed across the world on 25 November annually. The theme for this year is “Orange the World - raise funds to end violence against women”. The colour orange in the theme symbolizes a better future without the pervasive human rights violation that affects 1 in 3 women and girls all over the globe.

Australia’s former women team’s captain Karen Rolton inducted into the ICC’s Hall of Fame

Australia’s former women’s captain Karen Rolton has been inducted into the ICC’s Hall of Fame on November 24, 2016 at a ceremony during the dinner break on the opening Karen Roltonday of the third day/night Test between Australia and South Africa. Rolton was presented with a personalised cap by ICC Chief Executive David Richardson. She has become the 81st player to be inducted into the ICC Cricket Hall of Fame and the sixth woman to receive the award.

Government approves new 62 Jawahar Navodaya Vidyalaya

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Shri Narendra Modi on November 23, 2016, gave approval for opening of Jawahar Navodaya Vidyalaya in each of the 62 uncovered districts for which an amount of Rs.2,871 crore has been allocated.

Upgraded Jaguar DARIN III aircraft receives IOC

The upgraded Jaguar DARIN III twin-seat aircraft on 24 November 2016 received the Initial Operation Clearance (IOC). IOC is a significant milestone for India’s military aviation sector. This completion of IOC for DARIN III was announced by Deputy Chief of IAF, Air Marshal RKS Bhadauria. In recent past, he flew the aircraft at HAL airport in Bengaluru. 

Tribals celebrate Wangala harvest festival in Meghalaya

Garo tribals People of Meghalaya celebrated the harvest festival of Wangala to marks the end of a period of toil for farmers wanting a good output from their fields. Wangala harvest festival celebrated in Meghalaya. On the first day of the festival, the people offer their agriculture produce to the Sun God, while on the second day or Kakkat, they will dance Wangala Dance

Andhra Pradesh CM launches Water Distribution Monitoring Portal

Chief Minister of Andhra Pradesh, N Chandrababu Naidu has launched the ‘Smart Water Distribution Monitoring’ web portal, which will enable the people to track the status of drinking water in the nearby water tanks.

China launches Tianlian I-04 satellite

China has successfully launched the Tianlian I-04 satellite from the Xichang Satellite Launch Centre in Sichuan province of Southwest China. This data satellite was launched on a Long March-3C carrier rocket. The launch of the Tianlian I-04 marks the 241st mission of China's Long March series of rockets.

Thursday, 24 November 2016

Bank deposits with RBI hit record high after demonetisation

In the wake of demonetisation, bank deposits with the Reserve Bank of India (RBI) have reached a record high of Rs. 4.3 trillion, beating the earlier record of Rs. 1.7 trillion in May 2009. The RBI accepts money from various banks by offering government securities as collateral. The Indian banking system had collected deposits worth Rs. 5.12 trillion as of 18 November.

Donald Trump picks Indian-American Nikki Haley as UN envoy

US President-elect Donald Trump has chosen South Carolina's Indian-American Governor Nikki Haley as US ambassador to the United Nations (UN). Haley will be the first woman to join Trump's administration. She would replace Samantha Power as the next US Ambassador to the UN.

13th World Robot Olympiad to Be Held In India for the First Time

The 13th World Robot Olympiad will be held in India for the first time ever. It will be organised jointly by NCSM under the aegis of Ministry of Culture and India STEM Foundation (ISF) from 25 November to 27 November 2016 at the India Expo Mart, Greater Noida. More than 2000 students from 54 countries will participate in the event to find innovative ways, using robotic technology, to reduce, manage and recycle waste.