Current Affairs

 Sheikh Hasina sworn-in as the Bangladesh Prime Minister for the fourth term. It is her third consecutive term after her victory in the 11th Parliamentary elections. President Mohammad Abdul Hamid administered the oath of office to Sheikh Hasina in Dhaka. This is the first time Hasina is forming a cabinet with the members of her own party.
Source- DD News

 Malaysia’s King Muhammad V abdicated after two years on the throne, the first time a monarch has stepped down before completing their five-year tenure. The king’s resignation took effect immediately. A week ago, the king, 49, had resumed duties after spending two months on medical leave.
Source- Business Insider

 Alok Verma has been reinstated as the CBI chief by the Supreme Court, three months after the government divested him of his powers and sent him on forced leave. Alok Verma and his deputy Rakesh Asthana were both sent on leave in October amid a bitter feud between the CBI’s top two. Supreme Court strikes down CBI Chief Alok Verma’s removal. However, at present, Alok Verma cannot take any major policy decisions. Supreme Court stated that the High Power Committee under the DSPE Act needs to act within a week to consider Alok Verma’s case. Supreme Court also stated that the government should have referred to the Select Committee consisting of the Chief Justice of India, Prime Minister and Leader of Opposition to initiate Alok Verma’s removal.
Source: NDTV

  World Bank President, Jim Yong Kim has made the surprise announcement that he is stepping down after six years in the post. His resignation will take effect from 1 February. Mr. Kim, 59, was not due to leave until 2022 after he was re-elected for a second five-year term in 2017. The World Bank stated that he will join a firm and focus on increasing infrastructure investments in developing countries.
Source: BBC News

 In a first, the 2-day long Global Aviation Summit 2019 with the theme “Flying for all”will be organized by the Ministry of Civil Aviation (MoCA) in collaboration with FICCI from January 15-16, 2019 in Mumbai, Maharashtra. The summit is supported by International Civil Aviation Organization (ICAO), Federal Aviation Administration of US (FAA), International Air Transport Association (IATA), CiviI Air Navigation Services Organisation (CANSO), Airports Council International (ACl) and Association of Asia Pacific Airlines (AAPA). The Summit aims to focus on the celebration of ‘Flying for All’ and to provide a platform to the aviation fraternity to showcase the challenges of the sector in the newly developing growth spots and understand how the technology-driven innovations will change the air travel in future.
Source- Press Information Bureau (PIB)

 The 106th session of Indian Science Congress (ISC), 2019 concluded in Lovely Professional University, Jalandhar, Punjab. The five-day session was inaugurated by PM Narendra Modi and attended by Union Science & Technology Minister Dr. Harsh Vardhan. As a part of the Indian Science Congress, Women’s Science Congress was held which was inaugurated by Union Minister for Textiles & Industry Smt. Smriti Zubin Irani. The major attractions were the 55-feet, 25-ton massive robot ‘Metal Magna’ installed at the entrance gate.
Source- Press Information Bureau (PIB)

  The fourth edition of the Raisina Dialogue has begun in New Delhi. Norway Prime Minister Ms. Erna Solberg delivered inaugural address in presence of PM Narendra Modi and External Affairs Minister Sushma Swaraj. The theme of the Dialogue this year is “A World Reorder: New Geometries; Fluid Partnerships; Uncertain Outcomes”. Ministry of External Affairs in partnership with Observer Research Foundation has organized the flagship annual geopolitical and geostrategic conference.
Source- DD News

  The income earned by an average Indian doubled in 7 years, from Rs 63,642 per year in 2011-12 to Rs 1.25 lakh in 2018-19, the first advance estimates of national income released by the Central Statistics Office (CSO) show. The year-on-year growth in per capita income had touched its bottom in 2017-18 under the current national accounts series (the base year 2011-12) at 8.6 %. In 2018-19, it has bounced back to 11.1%. Per capita net national income in nominal terms has been taken as an indicator representative of the average income per person.
Source: The Business Standard

 Releasing the first advance estimates of National Income for 2018-19, Central Statistics Office (CSO) stated that the growth in GDP during 2018-19 is estimated at 7.2% as compared to the growth rate of 6.7% in 2017-18, mainly due to improvement in the performance of agriculture and manufacturing sectors. Economic Affairs Secretary Subhash Chandra Garg described the 7.2% GDP growth projection as very healthy. Mr. Garg stated that India continued to remain the fastest growing economy in the world and at current prices, GDP grows by 12.3% rising to 188. 41 lakh crore.
Source: News on AIR

  Switzerland’s Roger Federer and Belinda Bencic secured victory over Germany’s Angelique Kerber and Alexander Zverev to win the Hopman Cup for the second year in a row. In a rerun of 2018 final, Federer beat Zverev to give the Swiss an early 1-0 lead. Wimbledon champion Kerber then overcame Bencic to level the tie. However, the Swiss claimed a tight win in the mixed doubles to claim their fourth Hopman Cup title.
Source- BBC Sports


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