1.Shivalik Mercantile Co-operative Bank Limited has become the first urban cooperative bank (UCB) that has been granted ‘in-principle’ permission to convert into a small finance bank by the Reserve Bank of India.Yashvir Kumar Gupta is Chairman of the bank.The ‘in-principle’ approval will be valid for 18 months.
2.Bihar CM launched 478 developmental schemes worth Rs 727.93 crore during the 'Jagrukta Sammelan' in Araria district.The ‘sammellan’ or conference was part of the "Jal- Jiwan-Hariyali" drive to create awareness about water conservation and afforestation.Phagu Chauhan-29th and current Governor of Bihar.
3.Amazon India entered into long-term business agreements with Future Group to extend the reach of the latter’s retail stores and consumer brands through its online marketplace.Amazon India will also become the authorised online sales channel for FRL stores.Kishore Biyani, Chairman and Managing Director of FRL.
4.Adani Ports and Logistics and Special Economic Zone Ltd. (APSEZ) will be acquiring 75% stake in Krishnapatnam Port Co. Ltd. (KPCL) in Nellore district of Andhra Pradesh for a total consideration of ₹13,572 crore from the CVR Group.KPCL is the second-largest private sector port in the east.
5.The Reserve Bank of India has enabled local banks to offer round-the-clock trading in the Indian rupee, as a step towards reducing the rising influence of offshore trading in the currency markets.Avg. daily volume of rupee trading in India- $34.49 bn. (sep,19).
6.The United Arab Emirates introduced a multiple-entry visa scheme valid for 5 years for all nationalities, with the aim of turning the Gulf state into a tourism hub. It can be used for multiple entries and is open for all nationalities.UAE Capital: Abu Dhabi, Currency- Dirham.
7.In the 3rd special open market operation in as many weeks,Reserve Bank of India (RBI) bought ₹10,000 crore of three long-term securities while selling a same amount of three short-term bonds.It received ₹47,540 cr. of bids but accepted to sell ₹10,000 cr.RBI has reduced the repo rate by 135 basis points .
8.According to India Meteorological Department (IMD) ,2019 was recorded as the seventh warmest year since 1901,lower than the highest warming observed in 2016. Annual mean surface air temperature, averaged over the country, was 0.36°C.Bihar was the most adversely affected state during the year.
9.I&B Minister Prakash Javadekar conferred the first ‘Antarrashtriya Yoga Diwas Media Samman’ to 30 media houses in New Delhi.The Ministry instituted the award in June last year to mark the contribution of media in spreading the the message of Yoga.21 June, International Day of Yoga.
10.We celebrate World Braille Day every year on January 4th because it’s Louis Braille’s birthday. He’s the inventor of braille! Louis was born in 1809 in France and became blind after a childhood accident. But, he quickly mastered his new way of living. When Louis was only 15 years old, he created a reading and writing system based on Charles Barbier’s night writing system. We know Louis’ system today as braille. Adjusted over time, braille is now easier to read and used all over the world!.
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