Current Affairs: 21 December 2018

Daily Current GK Update

21 December, 2018

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  1. Harsh Vardhan Shringla appointed new Indian Ambassador to US

Harsh Vardhan Shringla, presently India’s High Commissioner to Bangladesh, has been appointed as the new Indian Ambassador to the US. Shringla is an Indian Foreign Service (IFS) officer of 1984 batch and will succeed Navtej Sarna who’ll retire by the end of the year. Prior to his appointment as High Commissioner to Bangladesh, Shringla served as India’s Ambassador to Thailand.

Source: – AIR

 

  1. Karnataka Bank partners with Paisabazaar.com for home loans

Paisabazaar.com, India’s largest online marketplace for financial products, and Karnataka Bank announced a strategic partnership to offer the bank’s home loan product to customers on the Paisabazaar platform.

Through this partnership, consumers will now be able to choose and apply for a home loan from Karnataka Bank, directly through the Paisabazaar platform.

Source: – Press Information Bureau

 

  1. Capital first merged with IDFC Bank to create IDFC first bank

IDFC Bank and non-banking financial company (NBFC) Capital First has announced the completion of their merger, creating a combined loan asset book of Rs 1.03 lakh crore for the merged entity IDFC First Bank. The merged entity to be called IDFC First Bank, subject to shareholders’ approval.

Following the merger, the board of IDFC Bank approved the appointment of V Vaidyanathan, founder and chairman of Capital First Ltd, as Managing Director and Chief Executive Officer of the merged entity. His appointment awaits shareholders’ approval.

Source: – The Livemint

 

  1. Trump orders withdrawal of US troops from Syria, claims IS defeated

US President Donald Trump has ordered the withdrawal of US troops from Syria, according to an official. The US President on Wednesday claimed that the Islamic State militant group has been defeated in Syria, adding it was the “only reason” for having US troops there during his presidency. More than 2,000 US troops are believed to be stationed in Syria.

Source: – Hindustan Time

 

  1. Pranab K Das appointed new chairman of CBIC

Senior bureaucrat Pranab Kumar Das has been appointed as chairman of the Central Board of Indirect Taxes and Customs (CBIC), the apex policy-making body for indirect taxes.

Das, special secretary and member (customs) at CBIC, will succeed S Ramesh. Das, a 1983-batch IRS officer of Customs and Central Excise Cadre was appointed as a member in the Central Board of Excise and Customs (CBEC) in 2017.

Source: – Press Information Bureau

 

  1. India’s largest cancer institute launched at AIIMS’ Jhajjar campus

India’s largest cancer institute, the National Cancer Institute (NCI) has been soft launched at Haryana’s Jhajjar area. The institute was finalised at a cost of Rs 2,035 crore and the project was approved by the cabinet committee in 2013. The aim isto strengthen research and also bring down the patient load at All India Institute of Medical Sciences’ (AIIMS) cancer centre. The hospital will be fully functional by December 2020.

Source: – Hindustan Times

 

  1. Mord signs MoU with Maruti Suzuki India Ltd for Training Rural Youth for Skill Development

Ministry of Rural Development (MORD) signed MoU with Maruti Suzuki India Ltd for training rural youth for skill development in presence of Minister of Rural Development Narendra Singh Tomar. This partnership between the government and the leading industry from the automotive sector will provide training to atleast 5000 candidates in two years with assured placement to the rural youth of our country.

Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) is the flagship placement linked skill-training programme under the MORD.

Source: – Press Information Bureau

 

  1. Book ‘Changing India’ by Manmohan Singh released

Former Prime Minister Manmohan Singh released his book titled “Changing India” at an event in New Delhi. In the book, the Congress leader narrated his journey from an economist to a politician and shared anecdotes from his life.

Source: – The Bloomberg

 

  1. Infosys names Nilanjan Roy as CFO

Infosys announced the appointment of Nilanjan Roy as its Chief Financial Officer (CFO). Roy spent 13 years with Airtel, before which he worked for 15 years with Unilever across their global operations. He is a B.Com (Hons) graduate from Delhi University and also a Chartered Accountant.

Source: – Bloomberg Quint

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