Current Affairs Update – 17 Dec, 2014

Finance/Business/Economy News

1. Amdocs, Triotech
solutions enable SBI to offer mobile financial services via BSNL
Amdocs, Triotech solutions enable SBI to offer mobile financial services via BSNL

  • Amdocs, a provider of customer experience solutions,
    Wednesday said that its Mobile Financial Services solution along with
    Triotech’s solution will enable State Bank of IndiaBSE 2.08 % (SBI) to offer
    mobile financial services to India’s unbanked and under-banked population,
    using the mobile network of BharatSancharNigam (BSNL).
  • The Amdocs Mobile Financial Services solution will be
    delivered under a five-year services contract. The solution includes a
    dedicated set of services, spanning consulting, implementation, systems
    integration, software and hardware operation, and maintenance, , the company
    said in a joint statement.
  • The Amdocs Mobile Financial Services solution will enable
    SBI and BSNL to offer customers of any mobile operator in India the option of
    owning a mobile wallet account, allowing customers to take advantage of highly
    secure mobile banking services, such as money transfer and bill payment, as
    well as pay for airtime recharges.
  • The solution will allow SBI and BSNL to support an
    extended ecosystem of multiple merchants and business correspondents such as
    credit card companies and utility providers on the mobile network, enabling
    easy payment and top-up transfers to third parties, the company said.

2. Bharat chamber,
Wuhan Commerce Bureau sign pact for sharing trade info
  • The Chinese industrial city and business hub Wuhan,
    capital of Hubei province, and Kolkata have come closer to sharing trade and
    commerce-related information.
  • The city-based Bharat Chamber of Commerce and Wuhan
    Municipal Bureau of Commerce on Wednesday signed an MoU for having separate
    desk at each other’s offices in the two cities.
  • Li Zuo Qing, Vice-Secretary-General of Wuhan Commerce
    Bureau, told that there were outsourcing and investment
    opportunities for Kolkata’s ITES software, pharmaceutical firms in Wuhan and
    Hubei.
  • The Chinese official invited West Bengal and Eastern
    India’s business community to set up offices in Wuhan, which is located some
    800 km west of Shanghai.
  • The Bharat Chamber of Commerce would shortly send a
    delegation to Hubei, called ‘Manchester of China’, and Wuhan, nicknamed as
    ‘Chicago of China’, to study the opportunities.

3. Tata Steel chosen
among 100 most valuable brands in 2014

  • Tata Steel has been chosen as one of the 100 Most
    Valuable Brands 2014 by World Consulting & Research Corporation (WCRC),
    Asia’s No 1 Brand Rating & Ranking company.
  • The Most Valuable Brands of the year 2014 (India edition)
    is a research endeavour to showcase and recognise brands that have established
    their presence and authority in the Indian market by virtue of their
    credibility and enormous customer loyalty.

4. SoftBank turns
largest investor in Indian e-Commerce
SoftBank turns largest investor in Indian e-Commerce

  • After hitting its largest success through Chinese giant
    Alibaba, Japanese technology major SoftBank is all set to gain similar success
    stories in India, by becoming the largest investor in Indian e-Commerce space.
  • The e-Commerce industry in India, growing at a CAGR of
    37%, has been witnessing the largest deals by SoftBank in last few months.
  • With the latest $90-mn investment in Housing. Com,
    SoftBank has become the largest investor in Indian E com space with signing
    deals worth more than $1 billion.
  • In October, it invested $627 million in Indian
    marketplace Snapdeal.com.
  • About $210 million was deployed into ANI Technologies
    Pvt. Ltd.’s Ola Cabs, the taxi-booking service. In November, Bharti SoftBank, a
    joint venture between Bharti Enterprises and SoftBank Corp., had acquired a
    36.5% stake in ScoopWhoop, an Indian-focused media startup, for an undisclosed
    amount. Though details of stake owned by SoftBank in India is not disclosed, it
    is believed that SoftBank owns 30% stake each in Snapdeal and Housing.com.
  • The Japanese giant recently said that it intends to
    invest about $10 billion in India over the next few years.

5. India exported $94
billion illegal capital in 2012: Study
India exported $94 billion illegal capital in 2012: Study

  • The total illicit financial outflows from India between
    2003 and 2012 were $439 billion —$94.8 billion of that in 2012 alone — shows a
    study by Global Financial Integrity (GFI), a Washington DC-based research and
    advisory organisation.
  • On the list of the world’s biggest exporters of illicit
    financial flows from 2003 to 2012, India currently ranks fourth — after China,
    Russia and Mexico, in that order.
  • Compared with the previous rankings, India and Malaysia
    have switched positions in terms of cumulative illicit financial outflows, with
    India moving to the fourth spot and Malaysia to fifth.
  • This was due to a continuation of India’s upward move,
    which began in 2009, and Malaysia’s downward move, which began the next year.
    To put the figures in perspective, the $439 billion of outflows come to about
    23 per cent of India’s gross domestic product in 2013 ($1.87 trillion).

News Related to India and Indian Polity

6. Vijay Diwas
observed across the country on 16 December
  • Vijay Diwas was observed across the country on 16
    December 2014. On this day, nation remembers martyrs, who laid down their lives
    during Indo-Pak War of 1971.
  • Defence Minister Manohar Parrikar, Army Chief D S Suhag,
    Navy Chief R K Dhowan and Air Chief Arup Raha remembered martyrs and paid
    tributes at Amar Jawan Jyoti in New Delhi.
  • Vijay Diwas day was celebrated by organising special
    programmes at the headquarters of the Eastern Command at the Fort William in
    Kolkata.


About Vijay Diwas

  • On 16 December 1971, General Amir Abdullah Khan Niazi,
    Chief of Pakistan forces along with 93000 troops had surrendered
    unconditionally to the allied forces consisting of Indian Army and Mukti
    Bahini, led by General Jagjit Singh Aurora in Dhaka after the defeat of
    Pakistan in the India- Pakistan war 1971.
  • The end of the India- Pakistan war 1971 also resulted in
    subsequent secession of East Pakistan into Bangladesh. The day is being
    celebrated as Victory Day in Bangladesh and Vijay Diwas in India.

7. Jacqueline
Fernandez and KS Radhakrishnan win Peta India’s ‘People of the Year’
 Jacqueline Fernandez and KS Radhakrishnan win Peta India's 'People of the Year’

  • Bollywood actress Jacqueline Fernandez and former Supreme
    Court judge KS Radhakrishnan have been given PETA India’s People of the Year
    award for their contribution towards the protection of animals.
  • The animal rights organisation named Ms. Fernandez as
    ‘Woman of the Year’ and justice (retd) Radhakrishnan as ‘Man of the Year’.
  • “Justice (Retd) Radhakrishnan and Fernandez are role
    models who uphold this mandate for kindness to animals through the actions they
    take, as we all should,” PETA U.K. director Mimi Bekhechi, said.
  • PETA India, in a statement, said the actress was named
    for using her massive star power to advocate for the protection of all animals
    — from horses used to pull carriages known in India as Victoria’s to rabbits used in painful cosmetics tests.
  • Justice Radhakrishnan headed a bench that passed a
    landmark judgement in favour of PETA India and the Animal Welfare Board of
    India, clarifying that bulls must not be used in jallikattu, bull races,
    bullfights or any other type of performance and called for animals to be
    respected in many other ways, it said.
  • In 2013, Ms. Fernandez took to Twitter to call for the
    release of a formerly abused elephant Sunder, who was finally moved from his
    life of misery to a forested park where he has room to roam and the
    companionship of other elephants.

8. Telugu music director
Chakri died of heart attack
Telugu music director Chakri died of heart attack

  • Telugu music director Chakradhar or Chakri died on 15
    December 2014 due to heart attack in Hyderabad. He was 60.
  • His career spanned for about 15 years. He composed music
    for about 85 films out of which huge hits are: Idiot, Amma Nanna O Tamil
    Ammayi, Chakram, Simha and Desamuduru.
  • He debuted with Puri Jagannadh’s directorial Bachi in
    2000 and went on to compose music for over 85 films. He received State
    government’s Nandi Award for his tunes in Simha.
  • His combination with director Puri Jagannadh was
    considered as the most successful combination.
  • Chakri last scored music for Erra Bus which was directed
    by Dasari Narayana Rao.
  • He was born on 15 June 1974 and was a native of
    Mahabubabad in Warangal district. Chakri’s father Gilla Venkata Narayana,
    singer and actor, too died of heart attack two years ago in 2012.

9. Survey of India
released the revised geographical map of Hyderabad
Survey of India released the revised geographical map of Hyderabad

  • The Survey of India on 16 December 2014 released a
    revised geographical map of Hyderabad. The new map showed an expansion from all
    the sides compared to the last revised map released in 2002.
  • The Centre made use of satellite imagery from Cartosat, a
    series of indigenous observation satellites, to draw up the maps of the
    extended city. They also carried out the physical verification to finalise the
    map.
  • The Survey of India is also ready with a new map of India
    showing Telangana and Andhra Pradesh as separate states after the bifurcation
    on 2 June 2014. The Map will be released after being verified from the Union
    Ministry of Home Affairs.

Highlights of the
revised geographical map of Hyderabad

  • The new Hyderabad maps show 625 sq km of area falling
    under Greater Hyderabad Municipal Corporation (GHMC) limits, thereby being a
    part of the city.
  • Eights kinds of the map have been brought out including
    one in Telugu.
  • The entire set of eight part maps of Hyderabad is being
    made available to the public for 495 rupees.

Survey of India

  • Survey of India is the National Survey and Mapping
    Organization of India under the Department of Science & Technology. It is
    the oldest scientific department of the Government of India.
  • Established in 1767, Survey of India bears a special
    responsibility to ensure that the country’s domain is explored and mapped
    suitably.

10. Lok Sabha passed
NCT of Delhi Laws (Special Provisions) Amendment Bill, 2014
  • The Lok Sabha on 16 December 2014 passed the National
    Capital Territory (NCT) of Delhi Laws (Special Provisions) Amendment Bill,
    2014. The bill was presented in Lok Sabha by the Union Urban Development
    Minister Venkaiah Naidu.
  • The Bill seeks to amend the National Capital Territory of
    Delhi Laws (Special Provisions) Second Act, 2011 as the deadlines provided
    under the 2011 Act expires on 31 December 2014.
  • Thus, the bill seeks to extend the deadlines under the
    National Capital Territory of Delhi Laws (Special Provisions) Second Act, 2011
    up to 31 December 2017.


The National Capital
Territory of Delhi Laws (Special Provisions) Second Act, 2011

  • The 2011 Act provided that no action will be taken till
    31 December 2014 with respect to (i) Encroachment or unauthorized development
    as of 1 January 2006; and (ii) Unauthorized colonies, village abadi areas that
    existed on 31 March 2002 and where construction took place up till 8 February
    2007 and other areas as of 8 February 2007. 
  • Relocate slum dwellers and Jhuggi-Jhompri clusters in
    accordance with the provisions of the Delhi Shelter Improvement Board Act, 2010
    and the Master Plan for Delhi, 2021.
  • Regulate street vendors in accordance with the policy for
    street vendors outlined in the Master Plan for Delhi, 2021.
  • Regularize unauthorised colonies, village abadi areas
    (and their extensions).
  • Create a policy for farm houses constructed beyond permissible
    limits.
  • Create a policy or plan for all other areas of the
    National Capital Territory of Delhi in keeping with the Master Plan for Delhi,
    2021.

11. Historic Geeta
Press announced lockout for indefinite period
  • The historic Geeta Press on 16 December 2014 announced
    its lockout for an indefinite period after talks between its management and
    employees over wage issues failed.

Historic Geeta Press announced lockout for indefinite period

Background

  • The workers at the press had been demanding higher wages
    and medical benefits from the management. The situation went out of control in
    the last one month when the employees protested against the management.
  • The employees of the Press have resorted to dharna since
    3 December 2014 and  were not allowing
    others to work which affected the work.
  • Presently 185 permanent and 300 contractual employees are
    working at the Geeta Press, a 90-year-old publication.

About Geeta press

  • Geeta press was founded in 1923 by Jaya Dayal Goyandka
    for promoting the principles of Sanatana Dharma by propagating the Holy
    Scripture Bhagavath Gita.
  • Geeta press is a unit of Kolkata-based Gobind Bhawan
    Karyalaya registered under the Societies Registration Act, 1860 (presently
    governed by the West Bengal Societies Act, 1961).
  • Over the years, the press has made available more than
    370 million copies of the Gita, Ramayan, Bhagvat, Durga Saptashati, Puranas,
    Upanishads and Bhakta-Gathas in more than ten languages including Sanskrit,
    Hindi and English.

12. Union government
announced to give 5 year visa to minorities from neighbouring countries
  • Union Government on 16 December 2014 announced that
    members of the minority communities from Pakistan, Afghanistan and Bangladesh
    will be given five years visa as part of government’s effort to address their
    grievances and accord citizenship in future. Earlier, they were granted
    one-year visa.

Main Highlights

  • The long-term visa for five years will be issued
    initially by the Home Ministry on the specific recommendation of the state
    government or union territory administration.
  • The government also delegated powers to Foreigners
    Regional Registration Officer (FRRO) and Foreigners Registration Officer (FRO)
    concerned to grant extension for a period up to six months on the short-term
    visa of the minority nationals from neighboring countries applying for long-term
    visa. Earlier, they had power to extend the visa for maximum three months.
  • Also, for processing such applications, a time-line of
    one month for FRRO and FRO and 21 days for the state government and union
    territory administration has been fixed.

International News

13. Tehreek-e-Taliban
attacked Army-run school in Peshawar, Pakistan
Tehreek-e-Taliban attacked Army-run school in Peshawar, Pakistan

  • Tehreek-e-Taliban on 16 December 2014 carried out a
    massacre in the Army-run school in Peshawar, Pakistan. In the terror attack, at
    least 141 people including 132 students and 9 staff members of the school were
    killed. Several others were injured. 
  • The militant outfit claimed the responsibility for the
    attack and said that it was a revenge for the military’s operation against
    militants in the North Waziristan tribal area close to Peshawar. Presently,
    Pakistan’s military is carrying out Operation Zarb-e-Azb and Operation Khyber-I
    against militants of the nation.
  • Pakistani Prime Minister Nawaz Sharif who visited the
    site of incident described the attack as national tragedy and said that the
    military operation ‘Zarb-e-azab’ to flush out terrorists from the country’s
    tribal belt will continue. Pakistan government also announced three-day
    nationwide mourning of the massacre.

The incident drew
condemnation from world leaders

  • The United States strongly condemned the Taliban assault
    on the school and said the US strongly condemns senseless and inhumane attacks
    on innocent students and educators, and stands in solidarity with the people of
    Pakistan.
  • UN Secretary General BanKi-moon led the world body in
    condemning the Taliban attack said that no cause can justify such brutality and
    horror. He said no grievance can excuse such horror and it is an act of horror
    and rank cowardice to attack defenceless children.
  • British Prime Minister David Cameron and French President
    Francois Hollande also strongly condemned the terrorist attack.

India’s stand on the
attack

  • Prime Minister
    Narendra Modi spoke with his Pakistani counterpart Nawaz Sharif over telephone
    and strongly condemned the brutal terrorist attack. India has offered all
    possible help to Pakistan and in the wake of dastardly attack in Pakistan, the
    Prime Minister appealed to schools across India to observe two minutes of
    silence on 17 December 2014 as a mark of solidarity.

School attacks in
different countries

  • 10 November 2014: Suicide Bombing of a Potiskum
    Government School by Boko Haram, Nigeria – at least 47 fatalities reported
  • 6 Jul 2013: Yobe State School shooting by Boko Haram,
    Nigeria – at least 42 fatalities reported
  • 3 September 2004: Beslan School hostage crisis, Russia –
    at least 385 fatalities reported
  • 26 March 2001: Arson in Kyanguli Secondary
    School-Machakos, Kenya – at least 57 fatalities reported
  • 15 May 1974: Netin Meir Elementary Schoool hostage crisis,
    Israel – at least 34 fatalities reported
  • 18 May 1927: Bombing in School-Bath, United States – at
    least 44 fatalities reported
  • Between 2009 and 2013: 1073 attacks in Afghanistan
  • In 2013, 54 and 35 attacks were carried out in schools of
    Somalia and Yemen, respectively

14. Indian-origin
Shriti Vadera appointed as the Chairman of Santander UK Bank
Indian-origin Shriti Vadera appointed as the Chairman of Santander UK Bank

  • Indian-origin Shriti Vadera was on 12 December 2014
    appointed as the Chairman of Santander UK, a major British bank. She will be
    the first woman to head a major British Bank.
  • Vadera will join the board of Santander UK Bank as Joint
    Deputy Chairman in January 2015 and later in March 2015 she will succeed Lord
    Burns as Chairman of the Bank.
  • Vadera also known as Baroness Vadera was born in 1962 in
    Uganda into a family of Indian origin.
  • She has served 14 years at the investment bank UBS
    Warburg where she advised governments of developing countries on debt relief
    and restructuring.
  • In 2007, Shriti Vadera was appointed as the Parliamentary
    Under-Secretary of State in the Department for International Development by
    former UK Prime Minister Gordon Brown during the height of the Eurozone
    financial crisis.

15. WHO released the
Global status report on violence prevention 2014

  • The World Health Organisation (WHO) on 10 December 2014
    released the Global status report on violence prevention 2014 to describe the
    state of the problem of interpersonal violence worldwide.
  • The report was jointly published by WHO, the United
    Nations Development Programme, and the United Nations Office on Drugs and
    Crime.
  • The report reveals that 475000 people were murdered in
    2012 and homicide is the third leading cause of death globally for males aged
    15–44 years. The report highlights the urgent need for more decisive action to
    prevent violence.

Highlights of the
Report

  • Only one third of the 133 countries surveyed are
    implementing large-scale initiatives to prevent violence such as bullying
    prevention programmes, visits by nurses to families at risk and support to
    those who care for older people.
  • About half the countries are fully enforcing a set of 12
    laws generally acknowledged to prevent violence, however 80 percent of
    countries have enacted them.
  • Violence also contributes to leading causes of death such
    as cancer, heart disease and HIV/AIDS as victims are at an increased risk of
    adopting behaviours like smoking, alcohol and unsafe sex.
  • One half of countries are implementing school-based
    programmes to teach children and adolescents life-skills such as non-violent
    conflict resolution.
  • One half of countries are promoting efforts to change
    gender norms supportive of violence against women.
  • Less than one quarter of countries are developing public
    information campaigns to prevent elder abuse.
  • About 98 percent of countries have laws against rape; 87
    percent of countries have laws against domestic violence; 84 percent of
    countries have laws against carrying weapons in schools and 40 percent of
    countries have laws against abuse in institutions for older people.

16. Music composer A R
Rahman nominated for Oscar Awards in Music Original Score Category
Music composer A R Rahman nominated for Oscar Awards in Music Original Score Category

  • Allah Rakha Rahman on 12 December 2014 was nominated for
    Oscar Awards for the year 2015 in the Music Original Score Category for three
    films.
  • He was nominated for the films Million Dollar Arm, The
    Hundred-Foot Journey and Indian film Kochadaiiyaan.
  • The nomination list of 118 names was released by the
    Academy of Motion Picture Arts and Sciences on its website. The final
    nominations shortlist for the prestigious awards will be announced on 15
    January 2015, while the presentation ceremony will be held on 22 February 2015.
  • Earlier in 2009, Rahman had won the award for Danny
    Boyle’s Slumdog Millionaire for his best original scores and best original song
    Jai ho from the same film.
  • In 2011, he had received two nominations for the 83rd
    Annual Academy Awards for his original score in Boyle’s 127 Hours as well as
    original song If I Rise for the same movie.
  • Besides this, his impressive list of awards include two
    Grammy Awards, a BAFTA Award, a Golden Globe, four National Film Awards,
    fifteen Filmfare Awards and thirteen Filmfare Awards South.

17. Xu Youyu of China
won Olof Palme Human Rights Prize for the year 2014
Xu Youyu of China won Olof Palme Human Rights Prize for the year 2014

  • Pro-democracy activist of China Xu Youyu won the Olof
    Palme Human Rights Prize for the year 2014. The award given annually by the
    Stockholm-based Olof Palme Memorial Fund of Sweden was announced on 16 December
    2014.
  • He received the award for his strong-principled work for
    democracy, social justice, human rights and freedom of speech which has
    universal meaning. Through his research and dialogue-oriented debate articles,
    he made a great contribution to the peaceful and democratic development in
    China.
  • As a political philosopher and a committed Chinese
    citizen, he advocates respect for the freedoms guaranteed in the Constitution.
    In 2008, he was one of the most evident signatories of Charta 08 manifesto that
    urged a series of reforms in China.


About Olof Palme Prize

  • The Olof Palme Prize is an annual prize worth 75000 US
    dollars granted by the Olof Palme Memorial Fund established by the Social
    Democratic Party of Sweden and Olof Palme family.
  • It commemorates the spirit of Olof Palme, Social
    Democratic Prime Minister of Nordic country. He was an outspoken international
    human rights advocate, who was assassinated in the Swedish capital in 1986.
  • In 2013, it was given to Rosa Taikon of Sweden and the
    first prize was won by Cyril Ramaphosa in 1987, the Secretary General of
    National Union of Mineworkers of South Africa.
  • The other awardees include Myanmar’s Aung San Suu Kyi and
    former UN Secretary General Kofi Annan.

18. Robin Williams,
Brazil World Cup, Ebola top 2014 Google searches
Robin Williams, Brazil World Cup, Ebola top 2014 Google searches

  • The late Hollywood star Robin Williams, Brazil’s World
    Cup soccer championship, and the Ebola virus have been the top searches on
    Google this year, according to the tech company.
  • The smartphone game “Flappy Birds”, cross-dressing
    Austrian singer and Eurovision winner Conchita Wurst, the animated game of the
    feature film “Frozen”, the Sochi Olympic Games, and Ukraine also made it to the
    11 most popular searches.
  • The list released Tuesday also included Malaysia
    Airlines, the ice bucket challenge, and the Islamic State (IS) jihadi group.
  • The US company also released the search trends in the
    news section which was led by Ebola, followed by the IS, Malaysia Airlines,
    Crimea and Ukraine, and Ferguson, the US city where a white policeman shot dead
    a young African-American.
  • Among other top news searches were Scotland’s
    independence referendum, Gaza and Israel, and athlete Oscar Pistorius’s trial
    for killing his girlfriend.
  • The most Googled personalities in 2014 were actress
    Jennifer Lawrence, Kim Kardashian, French actress Julie Gayet, American
    actor-comedian Tracy Morgan and actress Renee Zellwegger.
  • Singer-composer Jared Leto, singer Lorde, American actor
    Matthew McConaughey, and lawyer and George Clooney’s bride Amal Alamuddin,
    followed them in the list.
  • Donald Sterling, the former owner of Los Angeles Clippers
    basketball team, was the tenth most searched personality. He was banned for
    life from the NBA for making racial comments.
  • According to Google’s list of popular electronic product
    searches, the iPhone 6 was first, followed by Samsung Galaxy S5, Nexus 6 and
    Moto G.

19. EU court takes
Hamas off terrorist list
  • A European Union court on Wednesday ordered the Palestinian
    group Hamas removed from the EU terrorist list for procedural reasons, but says
    the bloc can maintain asset freezes against Hamas members for now.
  • The Islamic militant group, which calls for the
    destruction of Israel, hailed the decision. Israeli Prime Minister Benjamin
    Netanyahu urged the EU to reverse it.
  • The EU court ruled Wednesday that the listing was based
    on press and Internet reports and not on “acts examined and confirmed in decisions
    of competent authorities.”
  • The court insisted that its ruling did not “imply any
    substantive assessment of the question of the classification of Hamas as a
    terrorist group.” It therefore ruled that the asset freezes should stay in
    place for three months pending further EU actions.
  • The EU is considering its next steps. It has two months
    to appeal.
  • The terrorist list designation bars EU officials from
    dealing with the group, and requires that any of the group’s funds in EU
    countries be frozen.
  • The decision comes amid growing pressure from European
    legislators to recognize a Palestinian state, after years of stalemate in peace
    talks. There was also growing frustration in Europe with Israel’s government
    after the Gaza war earlier this year.

20. Obama signs $1.1
trillion government spending bill
  • U.S. President Barack Obama on Tuesday signed a $1.1
    trillion spending bill passed by Congress last week that lifted the threat of a
    government shutdown.
  • The legislation funds most government agencies through
    September 2015. The Department of Homeland Security will be treated
    differently, getting a funding extension only through Feb. 27, by which time
    Republicans will control both chambers of Congress.
  • Passage of the 1,603-page bill was a long struggle in the
    Senate and the House of Representatives marked by bitter disputes over changes
    to banking regulations and Obama’s recent executive order on immigration.

21. Lumia 638:
Microsoft launches its first 4G device in India
Lumia 638: Microsoft launches its first 4G device in India

  • Microsoft on Tuesday launched its first 4G device, the
    Nokia Lumia 638 with Windows Phone 8.1 at a price of Rs 8,299.
  • This will be India’s second 4G device under Rs 10,000,
    after Xiaomi announced the launch of the Redmi Note.
  • However, Xiaomi Note’s 4G version has not gone on sale
    yet due to a court ban, and was supposed to be available at Airtel stores. With
    the partial ban on the company’s sale of products, it is less likely for a
    while that Xiaomi 4G device will be available in the country.
  • The device has a ClearBlack 4.5-inch LCD screen with
    TrueColor and capacitive multi-point touch.
  • The Lumia 638 showcases a new matte polycarbonate design
    with changeable shells available in matte black and white.
  • The Lumia 638 will be available on the newly launched
    Microsoft Brand Store, which offers customers outstanding choice, value and
    service on a wide range of Microsoft products and services.
  • Also, pre-booking from December 17 will start for the
    device on Amazon.

Sports News

22. Rio 2016 Olympic
and Paralympic mascots named Vinicius and Tom
Rio 2016 Olympic and Paralympic mascots named Vinicius and Tom

  • The Rio 2016 Olympics and Paralympics Games mascot have
    been named as Vinicius and Tom, respectively. The names were declared on 14
    December 2014 after they were chosen by a public vote that was conducted over
    the past three weeks, since the mascots were unveiled.
  • Mascot Vinicius is a yellow feline animal similar to cat
    and represents Brazil’s rich fauna and wildlife. Tom is a blue and green figure
    with leaves that covers it head and presents country’s diverse and rich flora.
  • Vinicius and Tom were chosen ahead of the other two
    shortlisted pairs of names: Oba and Eba, and Tiba Tuque and Esquindim.
  • The names are in honour of Brazilian musicians and
    partners Vinicius de Moraes and Tom Jobim. They were exponents of Bossa
    Nova music, the musical movement that got the whole world singing about the
    beauty of Rio de Janeiro. They were also the creators of the famous song, The
    Girl from Ipanema.
  • 2016 Olympics scheduled to be held from 5 August to 21
    August 2016 will be the first one to be held in the continent of South America.

23. AIBA banned Indian
boxer Laishram Sarita Devi for one year
  • The International Boxing Association (AIBA) on 17
    December 2014 banned the Indian boxer Laishram Sarita Devi for one year for not
    accepting her bronze medal at Asian Games 2014 medal ceremony.
  • Laishram Sarita Devi was also fined one thousand Swiss
    Franc for the act. India’s foreign coach Blas Iglesias Fernandes was also
    banned for two-year for standing by Sarita during her protest.
  • Both of them were banned with effect from 1 October 2014,
    the day of medal ceremony of the games.
  • Moreover, AIBA’s disciplinary committee also banned
    Sarita’s personal coach Lenin Meitei for a year and suspended her husband Thoiba
    Singh from the ringside for two years.
  • Citing wrong judgment from referees, Sarita at the podium
    ceremony of Asian Games 2014 tried to give her medal to her opponent as a mark
    of protest.
  • Thereafter, AIBA had suspended Laishram Sarita Devi from
    all competitions after she refused to wear her bronze medal following her
    semifinal loss to South Korea’s Ji Na Park at Incheon in October 2014.

24. Vijay strikes ton
as India take Day 1 honour
 Vijay strikes ton as India take Day 1 honour

  • Opener Murali Vijay cracked a fluent 144 as India put up
    a solid batting display to take the honours on the opening day of the second
    cricket Test against Australia by reaching a comfortable 311 for four in
    Brisbane on Wednesday.
  • The 30-year-old Vijay, who missed a century by one run in
    the second innings in Adelaide, notched up his fifth Test ton to guide India to
    a good position on a hot day at the Gabba.
  • Vijay was dropped by Shaun Marsh on 36 off paceman
    Mitchell Johnson but he capitalised on the reprieve by punishing the Australians,
    scoring 144 off 213 balls.
  • The right-handed opener got good support from Rahane
    (batting 75) as the duo shared a 124-run stand for the fourth wicket with the
    Australian pacers struggling to find any rhythm in the hot and humid
    conditions.

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