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January 1, UK to stop financial aid to India
Politics
and Government >
UK-India > 31st December
From
January 1, 2016, India will no longer receive financial aid from the
UK, a decision which was taken by the British government in 2012
after a domestic outcry about India's growing economic status. The
transition has taken three years during which the existing financial
grant projects were completed and the unutilized funds moved into
what are called "technical assistance" projects.
PSBs
to strengthen exam for clerical posts
Banking
and Insurance >
Public Sector
Banks > 03rd January
Finance
Ministry has asked Public Sector Banks (PSBs) to strengthen written
examination for recruitment of clerical and sub-staff posts as there
will be no interviews for such appointments. The decision to change
the recruitment process follows Prime Minister Narendra Modi's
directive that there was no need for holding interviews for lower
level posts.
Terror
attacks Pathankot air force base, India-Pakistan thaw
India
> Pathankot
Terror Attack > 03rd January
A
week after Prime Minister Narendra Modi made an unannounced trip to
Pakistan counterpart Nawaz Sharif’s home in Lahore to signal the
willingness at the top to revive ties between the two countries,
heavily-armed terrorists, suspected to be members of the
Pakistan-based Jaish-e-Muhammad, attacked the Pathankot airbase.
Security
forces, including commandos of the National Security Guard and Army
and Indian Air Force personnel, engaged the terrorists, and
gunbattles through the day left at least four terrorists and three
security personnel dead. Sources confirmed that six terrorists were
killed till now.
RBI
imposes Rs 1 crore fine on State Bank of Travancore
Banking
and Insurance >
RBI > 04th January
The
Reserve Bank of India (RBI) had imposed a Rs 1 crore penalty on State
Bank of Travancore for violation of its instructions, on reporting of
data to Central Repository of Information on Large Credits (CRILC).
Others
Indian
Navy successfully test fires Barak-8 long range missile from INS
Kolkata
India
> Barak-8
Missile > 30th December
In
a boost to India’s maritime prowess, the Navy successfully
test-fired the nearly 70 KM range Surface to Air Missile Barak 8 from
INS Kolkata, paving the way for installation of the system, developed
jointly by India and Israel, on board country’s frontline warships.
The firing was undertaken on the Western Seaboard by INS Kolkata,
wherein the missile successfully intercepted an aerial target at
extended ranges.
Dr
Gyanendra D Bandgaiyan appointed DG of National Centre for Good
Governance
India
> National
Centre for Good Governance > 31st December
The
Appointments Committee of the Cabinet (ACC) has approved the
appointment of Dr. Gyanendra D. Bandgaiyan, former Chief Economist,
United Nations Development Programme (UNDP), as Director General,
National Centre for Good Governance under the Department of Personnel
& Training.
TOI
Sportsperson of the Year: Sania Mirza's triumphal march
Sports
> TOI
Sportsperson of the Year > 31st December
Sania
Mirza's indomitable spirit and relentless quest for glory made her
the face of Indian sporting success in 2015. She won a stupendous 10
doubles titles, 9 of them, including 2 Grand Slams, with Martina
Hingis and also became the first woman from the country to reach the
world No. 1 ranking.
India
offers no duty cuts on steel to China, Australia and New Zealand
Economy
> Regional
Comprehensive Economic Partnership (RCEP) Agreement > 31st December
India
has not offered any duty cut on steel to China, Australia and New
Zealand as part of the ongoing negotiations for the Regional
Comprehensive Economic Partnership (RCEP) agreement. To protect steel
and other manufacturing sectors, the country has not come out with
any duty reduction for these three countries.
Source:
http://articles.economictimes.indiatimes.com/2015-12-31/news/69426825_1_rcep-fta-asean-countries
Atul
Sobti appointed as the new CMD of BHEL
India
> Bharat
Heavy Electricals Limited > 01st January
Atul
Sobti has been working as a board director in Bharat Heavy
Electricals Limited (BHEL) was appointed as the chairman and managing
director (CMD) of the company. Sobti, was responsible for
spearheading and strategising for the power sector business of BHEL
and under his stewardship, BHEL’s power business has achieved major
milestones.
World
Braille Day observed on 4 January
Days
> World
Braille Day > 04th January
World
Braille Day was observed across the world on 4 January 2016 to
commemorate the birth anniversary of Louis Braille. To mark this
occasion, NGOs, as well as other organizations came together to raise
awareness about the apathy towards visually impaired people and to
help them be equal with the rest of the people.
Source:
http://www.jagranjosh.com/current-affairs/world-braille-day-observed-on-4-january-1451903201-1
India
successfully test-fired indigenously developed MBRL Pinaka II at
Pokhran
India
> MBRL
Pinaka II > 04th January
Amament
Research and Development Establishment (ARDE) in the last week of
December 2015 successfully test-fired Pinaka II multi barrel rocket
launcher (MBRL) System. The three-day long user assisted trials were
conducted at Pokhran in Rajasthan.
Government
plans to make PAN as Business Identification Number for companies and
firms
Corporate
> Business
Identification Number > 04th January
In
a step towards a single-window clearance mechanism at the central
level, the government plans to make the permanent account number
(PAN) as the Business Identification Number (BIN) for companies and
firms. The move is aimed at doing away with the need for separate
registration with authorities ranging from the registrar of companies
to the direct and indirect tax wings, the labour department and for
export and import.
Important
win for Indian football
Sports
> Football > 05th January
India
scripted a great comeback win against Afghanistan to win the SAFF
Suzuki Cup football championship at the Greenfield stadium. Very much
the underdog at the start of the final, the young Indian side showed
a lot of character to author one of the finest wins in the history of
Indian football. Stephen Constantine, a hard man to please credited
the victory to the whole team and to the whole of India.
Source:
http://www.thehindu.com/todays-paper/tp-sports/important-win-for-indian-football/article8066282.ece
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