Friday, November 13, 2015

Starred Articles

PM Modi launches gold monetization scheme
India > Gold Monetization Scheme > 5th November
Prime Minister Narendra Modi launched three schemes to lure tonnes of gold from households into the banking system. The Gold Monetisation Scheme (GMS), 2015 will offer option to resident Indians to deposit their precious metal and earn an interest of up to 2.5 per cent; while under the Sovereign Gold Bonds Scheme, investors can earn an interest rate of 2.75 per cent per annum by buying paper bonds.

Modi also unveiled the first ever Indian gold coin and bullion, bearing national emblem Ashok Chakra on one side and Mahatma Gandhi's image engraved on the other side.

Justice AP Shah appointed as the Ethics Officer (Ombudsman) at BCCI
Sports > Board of Control for Cricket in India > 9th November
Former Chief Justice of Delhi High Court, Justice Ajit Prakash Shah, was on 9 November 2015 appointed as the ethics officer (ombudsman) at Board of Control for Cricket in India (BCCI). He will preside as the sole decision maker on all conflict of interest issues plaguing Indian cricket.

Bangladesh hands top ULFA leader over to India
India > ULFA leader > 10th November
Bangladesh handed the founder of a militant separatist group to India, a rebel leader that for years New Delhi had fought to extradite. Anup Chetia founded the United Liberation Front of Asom (ULFA) more than three decades ago and had been imprisoned in Bangladesh for the last 18 years after being charged with staying in the country illegally and unlawful possession of foreign currencies.

World Science Day for Peace and Development 2015 observed
Days > World Science Day > 10th November
The World Science Day for Peace and Development, was observed on 10 November 2015 across the world. The theme for 2015 is Science for a Sustainable Future. To mark the day, the United Nations Educational, Scientific and Cultural Organization (UNESCO) conducted several discussions, special campaigns, visits to science museums for school children, etc to raise awareness of benefits of science worldwide.


Government appoints M K Jain, S Patel and R K Takkar to head PSU banks
Banking and Insurance > PSU Banks > 4th November
The government has appointed MD & CEO of Indian Bank, Andhra Bank and UCO Bank where the top post have been vacant for several months. M K Jain, executive director of Indian Bank is elevated to the MD and CEO post of the same bank.

Interlinking of Indian Rivers authored by Radha Kant Bharati released
Books > Interlinking of Indian Rivers > 4th November
Book titled Interlinking of Indian Rivers authored by Radha Kant Bharati was released on 3 November 2015 by Chairman of Central Water Commission (CWC) AB Pandya.

The book based on a comprehensive research explains the social, economic and commercial significance of linking of rivers in the country. It also discusses National Water Policy and disputes over the sub-continent of India.

Jitu Rai won silver in 13th Asian Shooting Championship
Sports > 13th Asian Shooting Championship > 4th November
Ace shooter Jitu Rai on 4 November 2015 won India's first senior medal at the 13th Asian Shooting Championship in Kuwait City. He bagged the silver in the finals of the men's 50 metre pistol event.

IDBI bank may be merged with private lender
Banking and Insurance > IDBI Bank > 5th November
The government has hired SBI Capital Markets to draw up plans for the sale of a strategic stake in IDBI Bank and is open to a range of options including merger with a nonstate lender and preferential allotments to institutions of sound financial standing.

RBI includes Bandhan Bank in second schedule list
Banking and Insurance > Bandhan Bank > 5th November
According to the Reserve Bank, newly launched Bandhan Bank has been included in the second schedule list, making it eligible for loans from the central bank at bank rate. The name of Bandhan Bank Limited has been included in the Second Schedule to the Reserve Bank of India Act, 1934 with notification dated September 3.

PM Modi 9th most powerful person in the world in Forbes list
India > Forbes List > 5th November
Prime Minister Narendra Modi has been ranked as the world’s ninth most powerful person by Forbes magazine in a 2015 list which is topped by Russian President Vladimir Putin. Modi was placed 14th in the 2014 Forbes list of world’s powerful people.

Rebooting India authored by Nandan Nilekani & Viral Shah released
Books > Rebooting India > 6th November
The book titled Rebooting India: Realizing a Billion Aspirations authored by Nandan Nilekani and Viral Shah was released on 4 November 2015.

The book talks about the demographic dividend of India, which is expected to be the world’s youngest country by 2020 with 64 percent (roughly 800 million) of its population of working age.

Heena Sindhu won gold in 13th Asian Shooting Championship
Sports > 13th Asian Shooting Championship > 6th November
India’s Heena Sindhu on 6 November 2015 won the gold medal in the 10m air pistol women’s event at the 13th Asian Shooting Championship. Incidentally, Heena was also the winner of the gold medal in the 10m air pistol event in 8th Asian Air Gun Championship. It was held in New Delhi in September 2015.

Modi government set to revamp Indira Gandhi's poverty eradication 'Twenty Point Programme'
India > 'Twenty Point Programme' > 6th November
Prime Minister Narendra Modi's signature projects Swachh Bharat Mission and Housing for All will replace Indira Gandhi's Twenty Point Programme - a poverty eradication initiative of successive Congress governments.

SBI's Arundhati Bhattacharya again tops list of most powerful business women
Corporate > Arundhati Bhattacharya > 8th November
Arundhati Bhattacharya, Chairperson of country's largest bank SBI, remains the most powerful woman in the Indian business sector, according to Fortune India. ICICI Bank's Chanda Kochhar and Shikha Sharma of Axis Bank follow Bhattacharya at the second and third place, respectively.

Grand Alliance won the 2015 Assembly Elections of Bihar with two-thirds majority
India > Bihar Elections > 8th November
Election Commission of India on 8 November 2015 announced the results of the 2015 Assembly elections of Bihar. The elections were held in 5 phases between 12 October and 5 November 2015 for 243 assembly seats.Grand Alliance (Mahagathbandhan) of Rashtriya Janata Dal (RJD), JANATA DAL (UNITED) (JD(U)) and Indian National Congress (INC) emerged as the winner of the election with thumping two-third majority. RJD, a part of the grand Alliance with 80 seats emerged as the largest party.

Nuclear capable surface-to-surface Agni-IV missile successfully test-fired
India > Agni-IV Missile > 9th November
Indian Army’s Strategic Forces Command (SFC) on 9 November 2015 successfully test-fired surface-to-surface Agni-IV missile. The 4000-km range nuclear capable missile was test-fired from Abdul Kalam (Wheeler) Island off the Odisha coast. SFC is entrusted with the task of handling strategic weapons of the country.

Union Government issued notification for implementation of OROP
India > Agni-IV Missile > 9th November
Union Government on 7 November 2015 issued the notification regarding implementation of One Rank One Pension (OROP) in respect of Defence Forces personnel. The notification is in tune with the modalities for implementation announced on 5 September 2015.

Shashank Manohar to replace Srinivasan as ICC Chairman
Sports > ICC Chairman > 9th November
N.Srinivasan was on dethroned as the ICC Chairman after the BCCI decided to recall him and nominate its recently-elected President Shashank Manohar as the chief of the world body.

India announces FDI reforms in 15 sectors
India > FDI reforms > 10th November
India eased foreign direct investment norms in sectors including mining, defence, civil aviation and broadcasting, in a bid to drum up investment and speed up growth. According to the government's release, "The crux of these reforms is to further ease, rationalise and simplify the process of foreign investments in the country and to put more and more FDI proposals on automatic route instead of government route where time and energy of the investors is wasted."

GE, Alstom land $5.6 billion deals to supply Indian railway
India > Indian Railways > 10th November
General Electric and Alstom have won contracts worth a combined $5.6 billion to supply India's railways with new locomotives, as the vast but dilapidated state-owned network looks to foreign companies to help it modernise.


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