 The Defence Acquisition Council (DAC) accorded approval for the acquisition of defence equipment worth nearly Rs 3000 crore which includes BrahMos Missiles, and Armoured Recovery Vehicles (ARVs) for Battle Tank Arjun. The decision was taken at a meeting chaired by Defence Minister Nirmala Sitharaman. The DAC granted approval for procurement of indigenous BrahMos Missiles for two Indian Navy ships to be built in Russia. The indigenously designed BrahMos Missile is a tested and proven supersonic cruise missile and will form the primary weapon onboard these ships. The DAC also approved the procurement of Armoured Recovery Vehicles (ARVs) for the Indian Army’s main battle tank Arjun. |
| Source- Press Information Bureau (PIB) |
 Since 1992, the United Nations International Day of Persons with Disabilities (IDPD) has been annually observed on 3 December around the world. The theme for this year’s IDPD is “Empowering persons with disabilities and ensuring inclusiveness and equality”. This theme focuses on the empowering persons with disabilities for the inclusive, equitable and sustainable development envisaged in the 2030 Agenda for Sustainable Development. |
| Source- The United Nations |
 Moody’s Investors Service’s annual Banking System Outlook on India estimated the country’s real gross domestic product (GDP) for the current financial year and next fiscal to grow at 7.2% and 7.4%, respectively. In its banking system outlook, the global rating agency stated that the growth will be driven by investment growth and strong consumption. It also stated that the operating environment will be stable, supported by robust economic growth. |
| Source- The Economic Times |
 India’s first locomotive-less train, known as Train 18, has breached the 180 kilometres per hour speed limit during a test run at Kota-Sawai Madhopur section in Rajasthan. When this indigenously designed train is made operational, it will become the country’s fastest train. Train 18 is capable of touching 200 kilometres per hour provided the rest of Indian Railways’ system, such as tracks and signals, permit. With 16 coaches, the train will have the same passenger carrying capacity as that of the Shatabdi Express. ‘Train 18’ will commence its commercial run from January 2019. |
| Source- AIR World Service |
 The Food Safety and Standards Authority of India (FSSAI) launched a new mass media campaign calling for the elimination of industrially produced trans fat in the food supply. Called “Heart Attack Rewind”, the 30 second public service announcement (PSA) – the first mass media campaign of its kind – will support FSSAI’s global target of eliminating trans fat in India by the year 2022, a year ahead of the global target by the World Health Organization (WHO) for complete elimination of trans fat. |
| Source- Press Information Bureau (PIB) |
 South African President Cyril Ramaphosa will be the Chief Guest at the 2019 Republic Day celebrations in New Delhi. The anouncement was made by the Prime Minister Narendra Modi. India is celebrating the 150th birth anniversary of Mahatma Gandhi. Mr Modi also stated that Mr Ramaphosa’s visit will further cement business and people to people ties between India and South Africa. |
| Source- Press Information Bureau (PIB) |
 The World Bank has unveiled 200 billion US Dollars in climate action investment for 2021 to 2025, adding that this amounts to a doubling of its current five-year funding. The move coincides with a UN climate summit in Katowice. The breakdown of 200 billion dollars would comprise approximately 100 billion in direct finance from the World Bank. Around one-third of the remaining funding will come from two World Bank Group agencies with the rest private capital mobilised by the World Bank Group. |
| Source- News on AIR |
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| It was again all Ethiopian Show in Pune International Marathon 2018. Atlawim Debebe of Ethiopia won the Full Marathon with the timing of 2 hours 17 minutes 17 seconds. Teshome Getachew claimed second and Bekele Asefa third position. Both of them are also from Ethiopia. In women’s Full Marathon Pascalia Chepkogei from Kenya stood first with the timing of 2 hour 50 minutes 27 seconds. Belew Mekonnen and Fekede Tilahun of Ethiopia claimed second and third position. Dekebe Tafa and Degefa Gezmu both from Ethiopia are winners of the men’s and women’s half marathon. |
| Source- The Hindu |
 The Reserve Bank of India has approved the merger of SBM (Mauritius), India with SBM Bank (India). RBI has sanctioned the Scheme of amalgamation of the entire undertaking of SBM Bank (Mauritius) Limited, India with SBM Bank (India) Limited which has been granted licence by the Reserve Bank to carry on the business of banking in India through Wholly Owned Subsidiary (WOS) mode under the Banking Regulation Act. |
| Source- The Hindu Business Line |
 Raninder Singh has become the first Indian to be elected one of the four vice-presidents of the International Shooting Sport Federation. The 51-year-old Raninder also heads the National Rifle Association of India. The former trap shooter bagged 161 votes to occupy the coveted post. In 2017, Raninder was re-elected president of the NRAI for a four-year term with an overwhelming mandate in Mohali. |
| Source- NDTV News |
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