Current Affairs 15th December 2017 | Today Current Affairs

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Current Affairs 15th December 2017

National

  • National Energy Conservation Day is celebrated on December 14.
  • Railway Board has initiated the process of reviewing Flexi-fare system in premium trains by comparing prices with that of other modes of transport in the same sectors.
  • Shri K. Jeeva Sagar (IFS: 1991) has been appointed as the next Ambassador of India to the State of Kuwait.
  • Prime Minister Narendra Modi commissioned India’s first Scorpene class submarine, Kalvari, into the Indian Navy in Mumbai on 14 December
  • Rajasthan has become the first state in the country to offer free e-mail address in Hindi to its residents.

International

  • The 11th ministerial meeting of the World Trade Organization hung in the balance after the US refused to budge on relaxations after the US refused to budge on food security.
  • Sri Lanka has become the 163rd nation to accede to the anti-personnel mine ban convention.
  • India and Morocco have signed a MoU for enhanced cooperation in the health sector.
  • The third Indo-UK joint army training exercise ‘Ajeya Warrior’ concluded at the Mahajan Field Firing Ranges in Rajasthan.

Banking and Business

  • Fino Payments Bank has signed up Rajasthan govt’s Rajcomp as its corporate business correspondent to give banking services to people in the state.
  • The Asian Development Bank has raised its economic growth estimate for developing Asia to 6 percent for this year from a previous estimate of 5.9 percent, citing stronger than expected exports and China’s resilience.
  • The Reserve Bank of India (RBI) has imposed Rs 3 crore penalty on IndusInd Bank for breaching rules on income classification norms.
  • A Financing Agreement for IBRD loan of USD 250 million (equivalent) for the “Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) Project” was signed with the World Bank.
  • The Reserve Bank of India (RBI) has imposed certain restrictions on Corporation Bank on carrying out banking activities as its share of bad loans rose sharply.

Other

  • Six top diplomats, including an Indian woman Lakshmi Puri, have been felicitated with the inaugural Diwali “Power of One” award at the UN headquarters in New York for their contribution to help form a more “perfect, peaceful and secure world”.

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