November 15, 2019

National

  1. CJI Ranjan Gogoi’s last working day
  • Chief Justice of India Ranjan Gogoi remained in the courtroom for only five minutes on his last working day and walked away after saying ‘Thank You’.
  • As per the tradition, today’s bench was also included the next Chief Justice of the country, SA Bobde.
  • Justice Gogoi will be retired on November 17, but Saturday and Sunday are a holiday in the top court, so today was his last working day.
  1. DDA drops conversion charges in 100 markets in Delhi
  • DDA has given a major relief to about 50,000 shop owners in Delhi. DDA has dropped conversion charges in 100 markets in the capital.
  • DDA has also relaxed the norms for industrial units located in residential areas. Now, residents will be able to start industrial units.
  • DDA has approved the conversion of 81 rural villages into urban villages. Also, raising the limit of amalgamation of land plots have been increased from 64 sq. mt. to 200 sq. meters.
  1. Nitin Gadkari Inaugurates Khadi Pavilion at I.I.T.F
  • Union Minister of MSME and Road Transport & Highways Nitin Gadkari inaugurated the Khadi Pavilion at the India International Trade Fair (IITF) in New Delhi.
  • The Pavilion entrance has been themed upon Sabarmati Ashram, with melodious Shehnai celebrating the ‘spirit of Indianness’.
  • A wide range of products which includes food, handicrafts, leather, textiles and hosiery, readymade garments, wooden toys, cosmetics and herbal products offering a discount of up to 20% are being displayed in the Khadi Pavilion at IITF 2019.
  1. India to host the 8th ICAS in New Delhi
  • Ministry of Agriculture is to organize the 8th International Conference on Agricultural Statistics (ICAS-VIII) in New Delhi from 18-21 November 2019.
  • It was announced by Dr. Trilochan Mohapatra DG ICAR & Secretary DARE.
  • The conference will be inaugurated by the Union Minister for Agriculture & Farmers Welfare Shri Narendra Singh Tomar.
  • The Chief Guest of the ICAS conference will be Bill Gates.

State

  1. Andhra Pradesh government launches ‘Nadu-Nedu’ scheme
  • Andhra Pradesh government has launched the ‘Nadu-Nedu’ programme.
  • The programme aims to introduce English medium from classes 1 to 6 in state-run schools.
  • The scheme will be implemented in 15,715 schools in the first phase.
  • It will cover all schools in three years’ time with a budget of Rs 12,000 crores.
  • The decision to switch over to the English medium in government schools has been taken to uplift the marginalised section of society.
  1. First ever International Buyer Seller meet was held in Arunachal Pradesh
  • The first-ever international buyer-seller meet on Agriculture & Horticulture produce was held in Itanagar, Arunachal Pradesh, on 14-15 November 2019.
  • It was organized by the Agricultural and Processed Food Products Export Development Authority (APEDA) under the Department of Commerce, Ministry of Commerce and Industry.

Banking & Finance

  1. CCI approves merger of the BNP Paribas (BNPP) and the Baroda (BOB) Mutual Fund
  • The Competition Commission of India (CCI) approves the merger of the BNP Paribas (BNPP) Mutual Fund and the Baroda (BOB) Mutual Fund, under Section 31(1) of the Competition Act, 2002.
  • The Proposed Combination relates to the merger of the BNP Paribas Mutual Fund and the BOB Mutual Fund.
  • The Parties propose to amalgamate (i) BOB Asset Management Company (AMC) into BNPP AMC; (ii) BNPP Trustee Company (TC) into BOB TC; (iii) After the merger, BNPP AMC and BOB TC will be the surviving entities.

Business & Economy

  1. Moody lowers India’s GDP growth forecast to 5.6 per cent for 2019
  • Moody’s Investors Service has slashed India’s economic growth forecast to 5.6% for the fiscal year 2019.
  • It stated that the government measures do not address the widespread weakness in consumption demand, as a reason for lowering the growth forecast.
  • It also stated that the economic activity in India will pick up in 2020 and 2021 to 6.6 % and 6.7 % respectively.
  1. Bangladesh tops business bribery risk in South Asia
  • Bangladesh has topped the business bribery risk in South Asia according to the Trace Bribery Matrix.
  • Bangladesh has the highest business bribery risk among South Asian courtiers according to the annual ranking for 200 countries.
  • Bangladesh has been placed at 178th position among 200 countries in terms of business bribery risk. Overall, New Zealand, Norway, Denmark, Sweden, and Finland presented the lowest bribery risk.
  • TRACE is a US-based organisation which provides ranking to various countries in terms of the risk of bribery companies face in doing business in those countries.
  • The Trace Bribery Matrix evaluates the countries under 4 parameters i.e. business interaction with the government, anti-bribery deterrence, transparency and civil society oversight.

Sports

  1. Mayank Agarwal hits second double ton in Test match
  • Mayank Agarwal scored another 200 after hitting his maiden Test double hundred against South Africa.
  • Mayank Agarwal began his international cricket career against Australia with a gutsy 76.
  • Indian opener Mayank has scored two double centuries in the last five innings. He has scored both centuries at home ground and in the first innings of the Test.

Appointment & Resignation

  1. FIFA names Arsene Wenger as global football development chief
  • Veteran coach Arsene Wenger has been named FIFA’s Chief of global football development.
  • The former Arsenal and Monaco coach would be responsible for the growth of the game for both men and women around the world and would also be the leading authority on technical matters, including potential changes to the sport’s laws.
  • Wenger made the English Club Arsenal one of the strongest football clubs in Europe, winning three Premier League titles and seven FA Cups and taking his team to the 2006 Champions League final.
  • He also won the French league in 1987 with Monaco, adding the French Cup four years later before departing for Japan in 1995.
February 2, 2020

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