NATIONAL
UPDATES
1. President Kovind presents
Presidential Colours to Submarine Arm of Navy: President Shri Ram Nath Kovind awarded the
Presidential Colour to the Submarine Arm of the Indian Navy at the Command
headquarters in Vishakhapatnam. The award of Presidents Colour is the highest
honour which can be bestowed upon any military unit. Earlier, President has
inaugurated the Naval Maritime Aircraft Museum in Vishakhapatnam, featuring the
maritime patrol aircraft Tupolev-142M. It was on this day in 1967 that the
Naval Ensign and the National Flag were hoisted on the first Indian Naval
Submarine, Kalvari.
2. NGT holds Sri Sri's AOL Foundation responsible
for damage to Yamuna floodplains: The National Green Tribunal (NGT) headed
by Justice Swatanter Kumar has held the Art of Living (AOL) Foundation
of Sri Sri Ravi Shankar responsible for the damage caused to the
Yamuna floodplains due to the holding of the World Cultural
Festival organized by it in March 2016. According to the NGT, AoL is
responsible for the damage caused to the Yamuna floodplains in terms of the
report submitted by the expert committee.The amount of five crore rupees which
was submitted by it earlier will be used for the restoration of the
floodplains.
3.
Health Minister J.P. Nadda directs CM's to implement Clinical
Establishments Act: The
Union Health Minister J.P. Nadda has directed all the Chief
Ministers to adopt and implement the Clinical Establishments (Registration
and Regulation) Act, 2010 so that malpractice in private hospitals can be
curbed. The effective implementation of the Act would deter clinical
establishments from indulging in unethical practices and ensuring that they discharge
their duties responsibly towards the patients. The Act has been enacted by
the Central government to provide for registration and regulation of
all clinical establishments in the country with a view to prescribing the
minimum standards of facilities and services provided by them.
INTERNATIONAL
UPDATES
1. The new Ambassador
of India to Turkmenistan: Azar A.H.Khan has been
appointed as the new Ambassador of India to Turkmenistan. Presently, he is
Consul General in the Consulate General of India. He is expected to take up his
assignment shortly.
2. USA country has officially
recognized Jerusalem as the capital of Israel:
United States
has officially recognized Jerusalem as the capital of Israel. With this, the
United States will be the first country to move its embassy from Tel Aviv to
Jerusalem, which is claimed by both Israelis and Palestinians. At present,
Jerusalem is the seat of the modern Israeli government.
3. 7th International Ground Water
Conference (IGWC-2017) on ground water Vision 2030:
The 7th
International Ground Water Conference (IGWC-2017) will be hosted by India in
New Delhi with a theme of “Ground water Vision 2030- Water Security, Challenges
and Climate Change Adaptation” from December 11 to 13, 2017. The conference has
been organized by the National Institute of Hydrology (NIH), Roorkee and
Central Ground Water Board (CGWB) under the aegis of Ministry of Water
Resources, River Development and Ganga Rejuvenation.
OTHER UPDATES
BUSINESS/ECONOMY:
1. EPFO opens new facility for over 4.5
crore members: The Retirement fund body Employees' Provident
Fund Organisation(EPFO) has opened a new facility to allow consolidation or
merger of their multiple PF accounts (4.5 crore members) with the current
Universal Account Number(UAN).Now, the subscribers of the EPFO can merge as
many as 10 previous accounts with their UAN at one go.The EPFO has
made it easy with this facility with an objective of having one employee, one
EPF account.Earlier, The EPFO has already issued a direction to its over 120
offices earlier this week to use this service and ensure multiple accounts are
consolidated as early as possible.
2. RBI rationalizes charges on debit card transactions: The Reserve Bank of India (RBI) has
come out with differentiated merchant discount rates (MDR) for debit card transactions,
prescribing separate caps for small
and large traders to promote digital payments. MDR charges for small merchants
with an annual turnover of up to 20 lakh rupees has been fixed at 0.4% with a
cap of 200 rupees per
transaction by debit cards through Point of Sale (PoS) machines or online
transactions.MDR charges would be 0.9% with a cap of 1,000 rupees per
transaction with an annual turnover of a merchant is over 20 lakh rupees. For
accepting payments via QR (quick response) code based transactions, the charge
will be 0.3% subject to a cap of 200 rupees per transaction. The directions
will come into effect from 1st
January.
SPORTS:
1. Cristiano Ronaldo wins fifth Ballon d'Or award: The Real Madrid
forward Cristiano Ronaldo has won the Ballon d'Or for a fifth time to move
level with rival Lionel Messi at a ceremony in Paris.The award caps a year in
which Ronaldo has won LaLiga, the Champions League and the Spanish Super Cup
with Real Madrid, as well as helping Portugal qualify for the 2018 World
Cup.Ronaldo previously won the award in 2008, 2013, 2014 and 2016.