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All India Radio writer Madhukar Gangadhar passes away

December 8, 2020
Madhukar Gangadhar
  • Eminent Hindi writer, Madhukar Gangadhar passed away. He was the head storyteller of the new story movement.
  • He was an accomplice of Renuji in Patna Akashvani, director of All India Radio in Allahabad & Deputy Director General at Delhi AIR.

RBI cancels license of Maharashtra-based Karad Janata Sahakari Bank

December 9, 2020
RBI
  • The Reserve Bank of India has canceled the license of Karad Janata Sahakari Bank Ltd in Maharashtra, as it does not have adequate capital and earning prospects.
  • As such, it does not comply with the provisions of the Banking Regulation Act, 1949.

ADB allows Rs 2.5 mn in technical assistance for biofuel development in India

December 9, 2020
Asian Development Bank (ADB)
  • The Manila-based multilateral lending agency Asian Development Bank (ADB) has sanctioned a USD 2.5 million (about Rs 18 crore) technical assistance to support advanced biofuel development in India.

NTPC signs MoU with IIFM-Bhopal for Narmada Landscape Restoration Project

December 9, 2020
National Thermal Power Corporation Lts. (NTPC)
  • National Thermal Power Corporation Limited (NTPC), a PSU under the Ministry of Power, has inked a Memorandum of Understanding (MoU) with Indian Institute of Forest Management (IIFM), Bhopal, for the implementation of Narmada Landscape Restoration Project (NLRP).

PwC, UNICEF and YuWaah partner to redefine education

December 9, 2020
UNICEF
  • Consulting firm PwC India has collaborated with the United Nations Children’s Fund (UNICEF) and YuWaah (Generation Unlimited in India) to upskill 300 million young Indians over the next 10 years.
  • This collaboration is part of PwC’s global multi-sector partnership with UNICEF and Generation Unlimited to upskill and provide about 1.8 billion youngsters with socio-economic opportunities from school to work by 2030.

Anil Soni designated the first CEO of The WHO Foundation

December 9, 2020
Anil Soni
  • US-based Indian-origin health expert, Anil Soni has been designated as the first Chief Executive Officer (CEO) of the newly-created “The World Health Organization (WHO) Foundation”.

India ranks 10th in the Climate Change Performance Index 2021

December 9, 2020
Climate Change Performance Index
  • India is placed at 10th place in the ‘Climate Change Performance Index (CCPI) 2021’, released on 7th December 2020.
  • The overall score of India is 63.98. It is for the second time in a row that India emerged among the top 10 countries with higher climate performance from among 58 economies. India was at 9th spot last year in the index.

PM Modi introduces virtual India Mobile Congress 2020

December 9, 2020
India Mobile Congress
  • Prime Minister Narendra Modi has introduced and addressed the virtual edition of the India Mobile Congress (IMC) 2020 on 8th December 2020 via video conference.
  • The aim of IMC 2020 is to align with the Prime Minister’s vision to promote ‘Aatmanirbhar Bharat’, ‘Digital Inclusivity’, and ‘Sustainable development, entrepreneurship & innovation’ and drive foreign and local investments, encourage R&D in the telecom and emerging technology sectors.

Invest India wins United Nations Investment Promotion Award 2020

December 9, 2020
Invest India
  • The Geneva-based United Nations Conference on Trade and Development (UNCTAD) has awarded the 2020 United Nations Investment Promotion Award to Invest India, the National Investment Promotion Agency of India.
  • Invest India was declared the winner from among the 180 global Investment Promotion Agencies (IPAs).

Kiren Rijiju starts 2nd edition of Fit India Cyclothon

December 9, 2020
Fit India Cyclothon
  • Sports Minister Kiren Rijiju has started the second edition of Fit India Cyclothon via a virtual platform.
  • The mega cycling event will run for 25 days, beginning from 7th December till 31st December 2020.

Yulimar Rojas and Mondo Duplantis crowned 2020 World Athletes of the Year

December 9, 2020
2020 World Athletes of the Year
  • Swedish pole vaulter Mondo Duplantis and Venezuelan triple jumper Yulimar Rojas are the 2020 Male and Female World Athletes of the Year.
  • They are their countries’ first recipients of the prestigious athletics award announced during the virtual awards.

Parthiv Patel declares retirement from all forms of cricket

December 9, 2020
Parthiv Patel
  • India’s wicketkeeper-batsman Parthiv Patel has declared his retirement from all forms of cricket. The 35-year-old left-hander, who made his international debut in 2002, played 25 Tests, 38 ODIS and two T20Is for India.

International Anti-Corruption Day: 09 December

December 9, 2020
International Anti-Corruption Day
  • International Anti-Corruption Day is commemorated every year on 9 December to spread public awareness for anti-corruption.
  • The theme of International Anti-Corruption Day 2020: ‘RECOVER with INTEGRITY.’

Gwalior, Orchha comes in UNESCO world heritage cities list

December 9, 2020
Orchha
  • The historical fort cities of Gwalior and Orchha in Madhya Pradesh have been added to the list of UNESCO’s world heritage cities under its The World Heritage Cities Programme.
  • Under the plan, UNESCO will suggest the best measures and resources for the development and beautification of these places as per the UNESCO Historic Urban Landscape recommendations.

Mt Everest announced 86 cm taller by Nepal and China

December 9, 2020
Mt Everest
  • The world’s highest mountain peak ‘Mount Everest’ has become taller by 86 cm, as per a survey carried out jointly by Nepal and China.
  • The Government of Nepal and China jointly conducted an exercise to measure the world’s highest peak.

Kuwait emir reappoints Sheikh Sabah Al-Khalid as prime minister

December 10, 2020
Sheikh Sabah al-Ahmad-al Sabah
  • Kuwait Emir Sheikh Nawaf Al-Ahmad Al-Sabah has re-appointed Sheikh Sabah Al-Khalid Al-Sabah as their prime minister.
  • The move appears two days after Sheikh Sabah submitted his government’s resignation in a procedural step following parliamentary polls.

BoB starts Atmanirbhar Women Gold Scheme

December 10, 2020
bank of baroda
  • Bank of Baroda (BoB) has recently started the Atmanirbhar Women Scheme as part of its Baroda Gold Loan.
  • This scheme strives to target the self-reliant woman in India. Under the scheme, the bank is offering loans at 0.50 percent concession for women.

Fitch Ratings drops India’s GDP contraction at 9.4% for FY21

December 10, 2020
GDP
  • Fitch Ratings has updated the GDP growth rate for India in its Global Economic Outlook, and now expects the economy to contract 9.4 percent in the current financial year 2020-21, as compared to (-)10.5 percent forecast earlier.

Nomura expects India to be the fastest-growing Asian economy in FY21

December 10, 2020
Nomura
  • The Japanese research and brokerage house Nomura has predicted India to be the fastest-growing Asian economy in 2021.
  • Nomura has approximated the gross domestic product (GDP) growth of India for the calendar year 2021 (CY21) at 9.9%. For the calendar year 2020 (CY20), Nomura expects GDP growth at -7.1 percent.

Zena Wooldridge designated as World Squash Federation President

December 10, 2020
Zena Wooldridge
  • Zena Wooldridge from England has been chosen as the World Squash Federation President. She will become the 10th WSF President to work since the Federation’s inception in 1967.

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