NATIONAL UPDATES:
1. 68 Rajya Sabha Members Set to Retire in 2024: 68 Rajya Sabha members,
including nine Union ministers, are
completing their tenures this year, triggering a race of sorts among
leaders across political parties to eye a six-year term in the Upper House of
Parliament. Of the 68 vacancies, elections have already been called for three
seats in Delhi where AAP leaders Sanjay Singh, Narain Dass Gupta, and Sushil
Kumar Gupta will complete their tenures on January 27. As many as 57 leaders,
including Railway Minister Ashwini Vaishnaw, Education Minister Dharmendra
Pradhan, Environment Minister Bhupendra Yadav, Health Minister Mansukh
Madaviya, and former Prime Minister Manmohan Singh, will complete their tenures
in April.
2. Uttar Pradesh to set up pharma park: The Uttar Pradesh government will set up a pharma park in Lalitpur, Bundelkhand, covering 1,472-acre across five villages,
according to the Uttar Pradesh State Industrial Development Authority (UPSIDA).
The plan will unfold in two phases, with an initial focus on immediate
development efforts covering 300 acre of land. The villages identified for the
survey include Saidpur (426 acre), Gadolikala (249 acre), Largan (239 acre),
Karounda (116 acre), and Rampur (441 acre). The establishment of the Pharma
Park and the acceleration of associated projects mark a strategic move by the
Uttar Pradesh government towards fostering industrial growth and economic
development.
3. Gangasagar Mela begins in West Bengal: West Bengal Chief
Minister Mamata Banerjee has inaugurated the Gangasagar Mela. The Mela will
continue till 17th of January. The ‘Shahi Snan’ will be held on 15th and 16th
January. Chief Minister has also inaugurated nine projects at Sagar.
The
state government has sent a letter to UNESCO to declare Gangasagar Mela a
heritage site. This year pilgrimage tax has been waived off for the pilgrims,
instead 5 lakhs rupees insurance will be given to all.
4. 9 January – Pravasi Bharatiya Divas: Pravasi Bharatiya
Divas (PBD) or NRI Day is celebrated in India every year on 9 January. The day commemorates
the return of Mahatma Gandhi, the greatest Pravasi from South Africa to India
in 1915 for the struggle of Independence. One of the main aims of recognising
Pravasi Bharatiya Divas is to pay homage and honour to the Overseas Indian
community who play a significant role in the development of the country. The
inaugural celebration of Pravasi Bharatiya Divas took place in 2003.
INTERNATIONAL UPDATES:
1. Union Cabinet Approved India-Guyana MoU For
Hydrocarbon Sector: The Union Cabinet, chaired by Prime Minister
Narendra Modi, has approved the signing of a Memorandum of Understanding
(MoU) between the Ministry of Petroleum and Natural Gas, India and the Ministry
of Natural Resources, Guyana, on cooperation in the hydrocarbon sector. The
proposed MoU encompasses a comprehensive range of collaboration across the
hydrocarbon value chain, underscoring the depth of engagement between the two
nations.
2. Kyrgyzstan Declares Snow Leopard As National Symbol: Kyrgyzstan has officially declared
the snow leopard as its national symbol, underscoring its commitment to conservation
and ecological balance. The snow leopard is not only a symbol of natural wealth
and cultural prosperity, but also an indicator of the stability and health of
the mountain ecosystem, which occupies 1/3 of the global territory. The loss of
snow leopards in the wild will lead to the risk of disturbing the fragile
ecological balance, which will have a detrimental impact on various animal
species and on humans.”
3. Sheikh Hasina wins fifth term in Bangladesh PM: Bangladesh’s Prime Minister Sheikh Hasina has
been re-elected for a fifth term, marking a significant milestone in the
country’s political landscape. The ruling Awami League, under Hasina’s
leadership, has triumphed once again, securing more than half of the
parliamentary seats. This victory reaffirms Sheikh Hasina’s position as the
world’s longest-serving female head of government. Instead of any political
party, independent candidates secured a total of 63 seats, the second highest
after Hasina’s Awami League (AL), which won 222, creating a problem of finding
a parliamentary opposition.
4. NIVEA India Appoints Geetika Mehta As New MD: Nivea India has appointed Geetika
Mehta as new Managing Director (MD). With this, she joins the growing list
of women heading fast-moving consumer goods (FMCG) companies. Mehta’s previous
stint was at Hershey India for two and a half years as MD, and before that she
was at the country’s largest FMCG firm, Hindustan Unilever, for 18 years. Geetika,
with a distinguished career in the FMCG sector, has a proven track record of
developing small businesses as well as managing large-scale corporations across
markets including South Asia, Thailand, Brazil, and South Africa.
OTHER UPDATES:
DEFENCE
1. Rashmi Shukla becomes Maharashtra’s first woman DGP: The Maharashtra government has appointed 1988 batch Indian Police Service (IPS) officer Rashmi Shukla as the Director General of
Police. Shukla became the first woman police officer to hold the top
police post in the State. She takes over from another 1988 IPS batch officer
Rajnish Seth, who retired last week to take charge as chairman of the
Maharashtra Public Service Commission (MPSC). Mumbai police commissioner Vivek
Phansalkar has been holding additional charge as Maharashtra DGP Maharashtra
since Mr. Seth retired on December 31. Shukla was on Central deputation heading
the Sashastra Seema Bal (SSB) – the border guarding force, before her latest
appointment as Maharashtra DGP.
SPORTS
1. South Africa batter Heinrich Klaasen announces
retirement from Test cricket: South Africa swashbuckling batter Heinrich Klaasen has announced retirement
from Test cricket (longest format of the game). Klaasen, who was
among the top run getters for South Africa in last year’s ODI World Cup, wasn’t
a regular in the red ball setup. Having made his debut in 2019, the 32-year-old
only had four Test matches under his belt. However, on the tour of the West
Indies, Klaasen notched up a mere 56 runs from four innings.
BANKING AND FINANCE
1. Fino Payments Bank applies to RBI for SFB license: Fino Payments Bank has applied to the Reserve Bank of India
(RBI), seeking a small finance bank license. During the quarter ended 31
December 2023, the RBI received one application under the Guidelines for ‘on
tap’ Licensing of Small Finance Banks in the Private Sector dated December 5,
2019 from Fino Payments Bank Limited. According to the guidelines, payments
banks were allowed to apply for a conversion into SFB post five years of
operations along with meeting other guidelines mandated by the RBI. The bank must also have a minimum paid-up voting equity
capital or net worth of Rs 200 crore
2. SEBI Appoints G Ram Mohan Rao As Executive Director: The Securities and Exchange Board of India
(SEBI) has appointed G Ram Mohan Rao as Executive Director
(ED) for a period of three years. Rao will be handling the investigation
department and the internal inspection department.
He has
been with the markets regulator for over 25 years during which he has
supervised diverse portfolios such as inspections, litigation, recovery,
investor awareness, grievance redressal, etc.
Prior
to the appointment, Rao was the regional director of the Eastern Regional
Office of Sebi.
AWARDS AND HONOURS
1. President Droupadi Murmu confers 'Khel Ratna' and 'Arjuna' award: President Droupadi Murmu confers the 'Khel Ratna' and 'Arjuna' awards at Rashtrapati Bhawan. Mohammed Shami received the Arjuna Award from President Droupadi Murmu at the National Sports Awards. Chirag and Satwik were honored with the prestigious Major Dhyan Chand Khel Ratna award for their remarkable achievements in 2023.
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