NATIONAL UPDATES
1. India's submarine ‘INS Kalvari’ inducted
in Indian Navy: Prime Minister
Narendra Modi has commissioned India's modern conventional submarine ‘INS
Kalvari’ into Navy's fleet in Mumbai, Maharashtra. Kalvari is the first of the
six Scorpene-class submarines handed over by shipbuilder Mazagon Dock Limited
(MDL) with assistance and technology transfer from France’s DCNS. Earlier, in
July 2000, the Indian Navy had inducted a conventional diesel-electric
submarine ‘INS Sindhushastra’ procured from Russia.
2. President Ram Nath Kovind presents
National Energy Conservation Awards: President Ram Nath Kovind
has presented the National Energy Conservation Awards at the occasion
of National Energy Conservation day in New Delhi.Industries that have
demonstrated measurable reductions in their energy use has been awarded during
the event.Mr. Kovind also presented the National Painting Competition
Prizes.This year, over 1 crore 22 lakh children across India between 4th and
9th standards participated in the National Painting Competition.
3. Indian Railways introduces Online Bill tracking system for Vendors
& Contractors: The Union Ministry of Railways has
introduced an online bill tracking system “Indian Railways E-Procurement System
(IREPS)” for vendors and contractors. The objective IREPS is to enhance
transparency in the processing and settlement of bills by increasing use of
information technology. The vendor or contractor need to register with online
IT platform and all bills will be settled within 30 days of its receipt using
this platform.
4. Rajasthan becomes the first state to offer e-mail IDs in Hindi: Rajasthan has
become the first Indian state to launch free email addresses in Hindi to its
residents. The objective of this initiative is to ensure maximum participation
of people towards e-governance. Soon Rajasthan’s state personnel will have an
email id in Hindi too. The project is being implemented by state IT department
with private IT companies.
OTHER
UPDATES
BUSINESS/ECONOMY:
1. OBOPAY secures pre-paid instrument (PPI) license from RBI:
The global mobile payment solutions company ‘OBOPAY’ has announced that the
company has secured a license for Prepaid Payment Instrument (PPI) from the
Reserve Bank of India to operate a semi-closed loop wallet in the country. OBOPAY
will solve various payment-related problems for their partner clients, bringing
efficiency and transparency to the payments process, improving reporting and
reducing turnaround times for funds transfers.
2. Retail inflation rises to 4.88% in November: Retail
inflation has risen to 4.88% in November this year due to costlier fuel,
vegetables, and eggs.According to the Ministry of Statistics and Programme
Implementation, the inflation, based on Consumer Price Index (CPI), was at
3.58% in October. It was 3.63% in November last year. Inflation in eggs
shot to 7.95% in November on annual basis, as against 0.69% in the previous
month. In the fuel and light segment, it was 7.92%, as against 6.36% in
October.
3. India’s GDP growth forecast for 2018:
According to ‘World Economic Situation and Prospects 2018’ report, India’s GDP
growth is projected to accelerate from 6.7% in 2017 to 7.2% in 2018 and 7.4% in
2019 on the back of strong private consumption, public investment and the
ongoing structural reforms. The report was unveiled by United Nations
Department of Economic and Social Affairs (UN DESA).
SPORTS:
1. BCCI lifts ban on Rajasthan Cricket Association: The
Board of Control for Cricket in India (BCCI) has decided to lift the ban on the
Rajasthan Cricket Association (RCA) in its Special General Meeting (SGM).In May
2014, the RCA was suspended by the Indian cricket board when ex-Indian Premier
League (IPL) Commissioner Modi was re-elected its president.
OBITUARIES:
1. Actor and filmmaker Neeraj Vora passes away: Actor and
filmmaker ‘Neeraj Vora’ passed away in Mumbai. Mr. Vora acted in films like
'Mann' and 'Badshah', and directed films like 'Khiladi 420' and 'Phir Hera Pheri'.
He had also written dialogues for films such as 'Rangila', 'Akele Hum Akele
Tum', 'Taal', 'Josh', 'Badmaash', 'Chori Chori Chupke Chupke', 'Awara Paagal
Deewana'.
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