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India’s first indigenous aircraft carrier ‘Vikrant’ to be commissioned by 2021

The manufacturing of the country’s first indigenous aircraft carrier Vikrant is currently under phase three which involves setting to work of machinery and other equipment and it is likely to be commissioned by early 2021. This carrier is being built at the Cochin Shipyard Limited (CSL) in Kochi.

Currently, phase three of the construction of Vikrant is under progress, which involves setting to work of machinery and equipment, like power generation and propulsion machinery. The third phase of construction will go on till acceptance of harbour and sea trials.

Navy Chief Admiral Karambir Singh on December 3 had stated that Vikrant will be fully operational by 2022 and it will have a fleet of MiG-29K. The first indigenous aircraft carrier Vikrant complemented with MiG-29K aircraft will be showcased as part of the Navy’s tableau during the ceremonial parade on Rajpath on the Republic Day.

New Delhi will host ITTF executive committee meeting

New Delhi will host the two-day Executive Committee meeting of the International Table Tennis Federation (ITTF) beginning January 10th. This will be the second time the country will be hosting such a meeting. The EC meeting, to be chaired by ITTF President Thomas Weikert, will discuss the development of table tennis in India, among other issues.

The previous EC meeting of the ITTF was held in New Delhi way back in 1987 when Table Tennis Federation of India (TTFI) played host to the World Championships in Delhi. TTFI has evinced interest in hosting the 2024 World Championships (team events), besides seeking to organise a Platinum Championships in 2021. The bid for hosting the Worlds is yet to open.

Virat Kohli retains top spot in ICC Test rankings

India skipper Virat Kohli retained his top spot among batsmen while Cheteshwar Pujara and Ajinkya Rahane slipped in the latest ICC Test rankings. With 928 points, Kohli is way ahead of second-placed Australian maestro Steve Smith (911). Australia’s Marnus Labuschagne grabbed a career-best third place.

Pujara was placed sixth, down one rung, with 791 points, while Rahane occupied the ninth spot after slipping a couple of positions with 759 points. In bowling, India’s pace spearhead Jasprit Bumrah, returning from an injury layoff, remained static at sixth position with 794 points, while spinner Ravichandran Ashwin (772 points) and seamer Mohammed Shami (771) were ninth and 10th respectively.

R P Ulaganambi, former Vellore MP passes away

Former Lok Sabha member from Vellore, R.P. Ulaganambi, passes away due to age related illness. He was 82. He was elected from Vellore for the DMK and served as an MP in the 5th Lok Sabha during 1971-76.

Chennai-Andaman and Nicobar Islands submarine cable work begins

Union Minister for Communications, Electronics and Information Technology Ravi Shankar Prasad inaugurated the submarine cable works on laying between ChennaiAndaman and Nicobar Islands. The submarine cables will be initially laid from Chennai to Port Blair covering a distance of 1,450 kilometres. He also flagged off the ship to lay the cable at Chennai Port. At the initial stage of commissioning of the project itself, the islands can get a data speed of 400-gigabytes per second.

Famous Chariot Festival of Tamil Nadu begins

The famous chariot festival of the Suchindram Thanumalayan Temple in Tamilnadu begins. This 17th-century temple is famous for its architectural grandeur. Thousands have congregated in the sprawling temple premises to join in the pulling of the chariot. The ten-day annual festival is held in the Tamil month falling in December – January.

The temple is especially significant because it is sacred to both the Shaivite as well as Vashnavite sects. There is an Anjaneya statue, which is 22 feet tall is carved of a single granite block. It is one of the tallest statues of its type in India.

Visakhapatnam to host naval exercise MILAN 2020 in March

Visakhapatnam is set to host another International Naval event ‘MILAN‘ in March 2020. The theme of the exercise for the year 2020 is ‘Synergy Across the Seas’. MILAN 2020 is a multilateral naval exercise aimed to enhance professional interaction between foreign-friendly navies and learn from each other’s strengths and best practices in the maritime domain.

SBI’s report ‘Ecowrap’ lowers India’s growth rate to 4.6% for FY 2020

The State Bank of India (SBI) has released its research report ‘Ecowrap’. In the report ‘Ecowrap’, the economic research department of SBI has lowered India’s growth rate to 4.6% in the fiscal year 2020. The report also stated that agriculture and allied activities are expected to grow at 2.8%, while growth in industry projected to grow at 2.5% in fiscal year 2020. The service sector is also expected to increase to 6.9% in fiscal year 2020.

Indian passport drops to 84th rank in Henley Passport Index 2020

Henley Passport Index 2020 has been released. The Indian passport ranked 84th in the world’s most powerful passport index 2020. Which is a drop by 2 places as it ranked 82nd in 2019. Now India provides visa-free access to 58 countries. 

For the third consecutive year the list is topped by Japan (191 countries), with Singapore (190 countries) holds 2nd place and South Korea (189 countries) drops to 3rd place alongside Germany (189 countries).

India’s ranking fell from a decade-high ranking of 74 to a low of 84 in 2020. The Henley Passport Index is the ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa.

M Nagaraj appointed as Chairman and MD of Hudco

M Nagaraj has been appointed the company’s Chairman and Managing Director of State-owned Housing and Urban Development Corporation (Hudco). The Ministry of Housing and Urban Affairs has approved his appointment. He has experience in a multitude of sectors such as housing, infrastructure finance, skill development and microfinance in the social sector, and international trading. Hudco provides loans for housing and urban infrastructure projects.

10th January: “World Hindi Day” celebrated globally

World Hindi Day is celebrated globally on 10th January every year. The day is celebrated every year to promote the use of Hindi language worldwide. The World Hindi Day was observed first time in 2006. The day marked the anniversary of first World Hindi Conference held in 1975 in Nagpur.

The Indian Embassies located in other countries outside India celebrates World Hindi Day by organizing special programs. Various government and non-government institutions organise unique programs for the promotion of Hindi.

27th South Asian Trade and Travel Exchange Expo 2020 held in New Delhi

The 27th South Asian Trade and Travel Exchange Expo 2020 (SATTE)  was held in New Delhi. The SATTE expo was supported by the Ministry of Tourism, Government of India and sponsored by Jammu & Kashmir Tourism Department. The objective of the expo was to build new business partnerships and hence was an important place for the promotion of tourism. The SATTE witnessed the participation of over 50 countries and 28 Indian states. During the expo, the Tourism Department of Jammu & Kashmir launched a publicity campaign to showcase diverse tourism attractions.

Ladakh wins 7th National Ice Hockey Championship women trophy

Ladakh women team has won the 7th National Ice Hockey Championship women trophy. The match was held at the Karzoo Ice Hockey Rink. In the final match, Ladakh scoring 2 goals against Delhi and won the tournament. The tournament was organised by the Ice Hockey Association of India (IHAI) in association with the Ladakh winter sports club. 4 women teams representing Chandigarh, Delhi, Maharashtra, and Ladakh participated in the tournament.

Indian Consulate in Dubai to issue passports under tatkal scheme

Indian Consulate in Dubai will issue passports under the tatkal scheme on the same day with certain conditions. The announcement was made by Consul General Vipul on the occasion of the Pravasi Bhatiya Divas celebrations. However, he stated that the application for the passport had to be made before noon and additional fees will be charged for the service. The passport will be given to the applicant by the evening.

Passports under the Tatkal scheme in any case were being given within 24 hours. The announcement came as a boon especially for people who have to travel under emergency condition. The Consulate in Dubai receives about 850 applications for passport applications.

8 North Eastern states to participate in Madhavpur Mela of Gujarat

The eight States of the North-East Region will participate in a big way during the Madhavpur Mela held at Madhavpur Ghed in Porbandar district of Gujarat which will commence on 2nd April, a day after the Ram Navami festival. This will mark the cultural integration of Gujarat with the North-East under the Ek Bharat, Shrestha Bharat announced by Prime Minister Narendra Modi.

The Madhavpur Mela of Gujarat shares its connect to the Mishmi Tribe of Arunachal Pradesh. The Mishmi Tribe traces its ancestry to the legendary King Bhishmak and through him to his daughter Rukmini and Lord Krishna. The festival celebrates the immortal journey which Rukmini undertook from Arunachal Pradesh to Gujarat with Lord Bhismaknagar, located near Roing in the lower Dibang Valley district, also finds mention in Kalika Purana.

Jammu and Kashmir Tourism Dept launches publicity campaign at SATTE 2020

Jammu and Kashmir Tourism Department has launched a massive publicity campaign at the ongoing South Asian Trade and Travel Exchange Expo (SATTE) 2020, to showcase diverse tourism attractions of the twin regions. Aimed at building new business partnerships, SATTE is an important avenue for the promotion of tourism.

The three-day expo, sponsored by J&K Tourism Department and supported by Ministry of Tourism, Government of India, has been organized in New Delhi. The 27th Edition of SATTE has witnessed participation of over 1,000 delegates from over 50 countries and 28 Indian states.

Sale of Electoral Bonds at Authorised Branches of SBI

State Bank of India (SBI), in the XIII Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches w.e.f. 01.2020 to 22.01.2020. As per provisions of the Scheme, Electoral Bonds may be purchased by a person who is a citizen of India or incorporated or established in India. A person being an individual can buy Electoral Bonds, either singly or jointly with other individuals.

Only the Political Parties registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and which secured not less than one per cent of the votes polled in the last General Election to the House of the People or the Legislative Assembly of the State, shall be eligible to receive the Electoral Bonds.

The Electoral Bonds shall be encashed by an eligible Political Party only through a Bank account with the Authorized Bank. It may be noted that Electoral Bonds shall be valid for fifteen calendar days from the date of issue and no payment shall be made to any payee Political Party if the Electoral Bond is deposited after expiry of the validity period. The Electoral Bond deposited by an eligible Political Party in its account shall be credited on the same day.

Bengaluru: SBI launches promotional campaign with Metro Cash & Carry India

State Bank of India (SBI), in a joint promotional campaign with Metro Cash & Carry India, has launched value-added services at its Bengaluru Centre. Similar promotional campaigns are planned at Metro Cash & Carry centres across the country. Under the arrangement, SBI will offer existing and new customers of Metro Cash & Carry, services such as opening SBI current accounts, issuing business debit cards, POS machines, digital products and other asset products.

Loans are also being offered to eligible Metro customers for renovation of their outlets. The campaign was launched simultaneously at three Metro Cash & Carry stores at Yeshwanthpur, Binneypet and Kanakapura and at SBI Mahalaxmi Layout, Chamrajpet and Doddakallasandra branches. SBI’s existing and new SME customers will also be offered pre-approved Metro Cash & Carry cards along with a welcome gift voucher.

HDFC Bank launches myApps to boost digital payments

HDFC Bank launched myApps application to boost digital payments in India. myApps is a unique customised suite of banking products to benefit urban local bodies, housing societies, local clubs and gymkhanas and religious institutions. In a first, HDFC bank is helping organisations to entirely digitise their ecosystem through myApps. At present HDFC Bank is offering four types of applications — mySociety, myClub, myPrayer and myCity.

myApps will allow institutions to customise their branding and content. One can publish their application on the Google PlayStore or Apple AppStore in the name of the institution, myApps will be free to all members of each institution. There will be no monthly subscription charges. Members can pay monthly bill or fee and make an online booking for different facilities via myApps.

myApps will enable the organisation to get easy access to reports on payments, facilities booked by members, requests and complaints registered by users. They can also use the app to broadcast notices and engage with members on various events. There are also no restrictions on the number of users.

India needs 6.3% labour productivity growth to achieve 8% GDP: India Ratings

India Ratings and Research stated India will have to raise its labour productivity growth to 6.3% to achieve 8% GDP growth while it has to be up by 7.3% in order to achieve economic growth of 9%. The labour productivity growth in the current financial year has been pegged at 5.2%. Labour productivity during 2004-05 to 2007-08 have stood at 8.5%.

It is 40.4% higher than the level attained in FY19. Given the growth slowdown, it looks unlikely in the near term but is not unachievable. India’s labour productivity growth, like other nations, came under pressure in the aftermath of the 2008 global financial crisis, especially during FY11-FY15 (5.0%). However, it recovered thereafter and grew at 5.8% during FY16-FY19.

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