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The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved the Indian Institute of Management(IIM) Bill, 2017 on January 24, 2017 that aims to declare IIMs as Institutions of National Importance.
The Union Cabinet has decided to transfer the role of advising the government on how to utilize the proceeds from disinvestment from the Department of Investment and Public Asset Management (DIPAM) to the Department of Economic Affairs.
The Supreme Court on January 23, 2017 directed the government to replace the current practice of giving three-times-a-week dosage norm of tuberculosis (TB) drugs with a daily dosage norm within a period of nine months to curb relapse and deaths during treatment. A Bench headed by Chief Justice of India J.S. Khehar directed the government to ensure that every TB patients across the country are administered the new dosage regimen recently approved by the World Health Organisation.
The Union Ministry of Steel, headed by Chaudhary Birendra Singh has come out with a Draft National Steel Policy 2017 to increase the supply of domestic coking coal and cut the dependence on imports. The Ministry has seeked feedback on the policy from all the stakeholders and the public till January 23, 2017.
In an effort to become the super powerful occupier of green energy, China has built the world’s biggest solar park, Longyangxia Dam Solar Park, in the western province of Qinghai. The park spans over 27 square km of area and can produce 850 MW of power which is enough to supply up to 200,000 households.
The new US president, Donald Trump signed a formal executive order on January 23, 2017 to withdraw the country from the Trans-Pacific Partnership (TPP) trade deal, thus keeping his promise made during his presidential campaign. During his campaign for the presidency, Trump said that trade deals with other countries leads to job reduction for the citizens as the employers move to seek talent outside the United States to save on labor costs.
The Banking Codes and Standards Board of India (BCSBI) has announced an initiative as per which it would organise “Know Your Rights” programme in select urban and rural areas of the country to enhance awareness on Banking Codes at the grassroot level among the people. The move aims to create awareness among the people about the commitment of the banks towards their customers.
Telangana based India’s largest incubator for start-ups, T-Hub has launched a ‘GIS Innovation Hub’ (GIH) in collaboration with Esri India on January 23, 2017 for the start-ups belonging to the capital Hyderabad. Esri India is country’s leading Geographic Information System (GIS) software and solutions provider. The facility was inaugurated by Jack Dangermond, co-founder, president and CEO of Esri Inc.
In a bid to promote digital transaction in Assam, the Chief Minister of Assam, Sarbananda Sonowal on January 22, 2017 announced the launch of ‘Chief Minister’s Award’ while inaugurating the Digi Dhan Mela in the state. The Chief Minister’s Award would be given to the best performing district of the state that adopts digital payment methods and also educate larger section of the society about the cashless transaction.
Russia’s President Vladimir Putin was awarded the first ever Hugo Chavez Prize for Peace and Sovereignty by the Venezuelan President Nicolas Maduro on January 18, 2017 at the Presidential Palace in Miraflores, Caracas, Venezuela. The Peace Prize has been named in honor of late Venezuelan leader Hugo Chavez who served as the 64th President of Venezuela from 1999 to 2013.
Former Indian opener Virender Sehwag, the mentor of Kings XI Punjab, will also be the team’s head of Cricket Operations and Strategy in the 10th edition of the Indian Premier League. He will also be the head of Cricket , but also be the brand ambassador for the Punjab franchise.
Siddhartha Murarka has been appointed as the Chairman of the Eastern India Regional Council of The Institute of Company Secretaries of India (ICSI). Murarka is also a “regular faculty” at ICAI and other professional bodies and chambers of commerce like the Merchant Chamber of Commerce and the BCCI.
The Minister of Commerce & Industry, Smt Nirmala Sitharaman launched Rubber Soil Information System (RubSIS) on January 23, 2017 in New Delhi to provide the detail about the soil quality to the rubber growers to enhance productivity besides reducing the cost of production. RubSIS is an online platform developed to recommend application of appropriate mix of fertilizers to the specific plantations of rubber growers depending upon their soil nature.
The Guided Pinaka was successfully test fired from the Launch Complex-III, ITR, Chandipur for a further enhanced range. The Pinaka Rocket Mark-II, equipped with Navigation, guidance and control kit, was transformed into a guided Pinaka.
The Multiplex chain operator PVR has launched a theatre on demand service ‘VKAAO’ on January 20, 2017. Vkaao is an online platform that will enable consumers to watch any movie of their choice at a theatre of their choice. It would empower the viewers to choose what they want to watch, when and where.
India has partnered with the British experts over a project that aims to study the air pollution level in Delhi and health problems associated it. The project ‘ASAP-Delhi: An Integrated Study of Air Pollutant Sources in the Delhi National Capital Region’ would be led by University of Birmingham and would also involve experts from the Indian Institute of Technology Delhi, the Indian National Physical Laboratory and the University of Surrey.
Ronnie O’Sullivan won a record seventh Masters title against Joe Perry 10-7 in the final at London’s Alexandra Palace. Perry, in his first Triple Crown final at the age of 42, led 4-1 but missed a straightforward red for a 5-1 lead.
The National Girl Child Day was celebrated on January 24, 2017 at a special function organized by the Ministry of Women & Child Development in New Delhi with focus on celebrating the achievements by nation’s daughters during 2016. The commendable performance of the female players at the Olympics and Paralympics and a historic induction of the first female fighter pilots into the Indian Air Force made 2016 proud year for India. The Day has been celebrated on January 24 every year since 2008 to raise awareness among people about all the inequalities faced by the girl child and spread the importance of girl child in the society. The event was marked by release of National Plan of Action for Children 2016. Ten districts under the ‘Beti Bachao Beti Padhao’ scheme were felicitated for their worthy efforts.
-25 January 2016
India Signed Loan Agreement with World Bank for US$ 119 Million for ..
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