NATIONAL UPDATES:
1.
Delhi Lt. Governor Najeeb Jung resigns: Delhi Lieutenant Governor Najeeb Jung has submitted his
resignation to the Government of India. The tenure of Jung, who took the
charge of the office on July 9, 2013, was scheduled to end in 2018.
2.
GirijaVaidyanathan appointed Chief Secretary of Tamil Nadu: GirijaVaidyanathan, Additional Chief Secretary and Commissioner of
Land Administration, has been appointed Chief Secretary of Tamil Nadu in place
of P. Rama Mohana Rao.
3. Cabinet approves creation of
Indian Enterprise Development Service (IEDS): The Government of India has approved cadre review and formation of
the Indian Enterprise Development Service (IEDS) in the Office of the
Development Commissioner, Ministry of Micro, Small and Medium Enterprises.
4.
Ministry of Minority Affairs launches website for Haj Pilgrims: Minister for Minority Affairs Mukhtar Abbas
Naqvi launched the trilingual website www.haj.gov.in relating to Haj
Matters. The website is in Hindi, Urdu and English languages.
5.
Gujarat Government announces Aerospace and Defence Policy 2016: Gujarat government has announced Aerospace and
Defence Policy-2016 to attract investment into fields of aerospace and defence
design, development and manufacturing in the state. Under the policy, investors
will be entitled to get 100 % reimbursement on stamp duty and registration
charges paid for purchase, lease or mortgage of land meant for setting up the
facility in the areas of Aerospace and Defence.
6.
India surpasses United Kingdom to become the 5th largest economy: As per the report published in Forbes magazine,
India has overtaken the United Kingdom in terms of the size of the economy,
first time in 150 years. With this major shift in world economy, India has
now become the fifth largest country in terms of the size of the economy after
the United States, China, Japan and Germany.
7. Priyanka Chopra becomes the 1st
Indian to be made Pantene’s global ambassador.
8. Hrithik Roshan launches book
series for visually impaired children: Actor Hrithik Roshan has launched a children's book series
'Tactabet', written in Braille format, which is being published for visually
impaired people.
INTERNATIONAL
UPDATES:
1.
China inks deal with BRICS bank approving 525 mnyuan loan: China has inked an agreement with the New
development bank (NDB) set up by the BRICS approving a 525 million yuan loan
for a solar power project in the country. The new lender announced a 525 million
yuan loan for the Shanghai Lingang Distributed Solar Power Project.
2.
Japan successfully launches solid fuel rocket: Japan's space agency has announced successfully
launched a 26-metre-long rocket named Epsilon-2, which put a satellite that
helps study radiation belts in orbit. Epsilon-2 is part of a new generation of
solid propellant rockets which can reduce launch costs up to one-third.
3.
Government of Iran unveils Bill of Right: Iran’s President Hassan Rouhani has unveiled a
landmark Bill of rights guaranteeing freedom of speech, protest, fair trials
and privacy. Although many of the rights are already enshrined in Iran’s
constitution written after the 1979 Islamic revolution, Rouhani said it offered
the first clear list of principles that could be used to check the performance
of state institutions.
OTHER UPDATES:
FINANCE/BANKING:
1.
RBI slaps fine on 5 foreign banks for violating FEMA rules: The Reserve Bank of India (RBI) has imposed the
penalty on five foreign banks, including Deutsche Bank and Standard Chartered
Bank, for violation of its instructions on reporting requirements of the FEMA
on 21st December 2016. The three other banks are: Bank of America, Bank of
Tokyo-Mitsubishi and The Royal Bank of Scotland.They have been fined for
violation of its instructions on reporting requirements of the Foreign Exchange
Management Act, 1999 (FEMA).
SPORTS:
2.
Bank of Baroda announces support for FIFA U-17 World Cup India 2017, 1st
Indian company to do so.
3.
Arjun Bhati wins Kids Golf World Championships: A
12-year-old Arjun Bhati has outshined India in the Kids Golf World Championship
2016 in Malaysia defeating South Africa's MethuDenish to secure the first
position.
4.
India squad for 2nd T20 World Cup for Blind 2017 announced.
AWARDS:
5.
Sahitya Akademi Award 2016: Mumbai-based
writer Jerry Pinto, Tamil author Vannadhasan, Hindi writer Nasira Sharma are
among 24 others declared the winners of the SahityaAkademi awards 2016.
Sharma’s Hindi novel Paarijat, Pinto’s Em and the Big Hoom and
Vannadhasan’sOruSru Isai won them the literary honour.
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