Current Affairs Current Affairs December 2019

  The government announced Rs 436 crore outlay for skilling 4 lakh professionals in futuristic areas such as artificial intelligence, blockchain, and cybersecurity over the next 3 years. The ”Future Skills PRIME” programme will be jointly rolled out by the information technology ministry and industry body Nasscom and will seek to position the initiative as India stack for digital talent. The programme will increase employability.
Source: The Economic Times

  Lok Sabha speaker Om Birla inaugurated the 79th Conference of Presiding Officers of Legislative Bodies. The conference was held in Dehradun. The presiding officers of all state legislatures participated in the conference. Lok Sabha speaker Om Birla was also conferred the guard of honour during the conference.
Source: The DD News

  Union Minister of State for Home affairs inaugurate a National Conference on ‘Uniformed Women in Prisons Administration’ begins in Central Academy for Police Training in Bhopal, Madhya Pradesh. In this Conference, uniformed women officers and staff of all the states from Jail Wardens up to Director Inspector Generals level, members of non-governmental organizations, representatives of academic institutions and officers of other government departments are taking part in the conference. At present, there are more than 900 uniformed women government servants working in the state jail department.
Source: The News on AIR

 Summit on “Environmental Sustainability and Economic Development” was held in Delhi. Union Minister of Environment, Forest and Climate Change addressed the summit with the concerns about the depleting ozone layer and the emission of Cfcs and Hfcs. He stated that there is the need of the hour to call upon a meeting to control the minimum temperatures and to keep a check on the emissions.
Source: The DD News

  “Amazon.com Inc”, “Apple Inc” and Alphabet Inc’s “Google” have announced a partnership to lay the groundwork for better compatibility among their smart home products. Zigbee Alliance, whose members include IKEA and NXP Semiconductors among others, will also contribute to the project, titled ‘Connected Home over IP’. The partnership aims to make it easier for device manufacturers to build products that are compatible with smart home and voice services such as Alexa, Siri and Google Assistant.
Source: The Hindu

  Infosys has announced the launch of three blockchain-powered distributed applications. The applications will be dedicated for government services, insurance, and supply chain management domains. The applications are equipped with predictive return on investment (ROI) analytics for business investments that can be tailored to meet numerous industry-specific needs.
Source: The Economic Times

  French carmaker “Peugeot SA” and US-Italian “Fiat Chrysler” have signed an agreement to create the world’s fourth largest automaker. The binding combination agreement provides a 50/50 merger of their businesses to create the 4th largest global automotive original equipment manufacturer by volume and third largest by revenue. The combined revenue of the two entities will be close to 170 billion euros i.e. $190 million. The combined entity will have a workforce of more than 4,00,000. The combined group would be headquartered in the Netherlands. Fiat Chrysler’s chief John Elkann will be the chairman and PSA’s Carlos Tavares chief executive of the new entity.
Source: The DD News

  The Indian Navy, in collaboration with Indian Coast Guard, Cochin Port Trust and all other concerned stakeholders, conducted a large-scale anti-hijacking exercise off the Port of Kochi. The Exercise code-named “Apharan” saw the participation of multiple agencies, including more than 12 ships and helicopters of the Indian Navy, Indian Coast Guard and Cochin Port Trust. Apharan was aimed at streamlining the response mechanism/preparedness to thwart any attempt by anti-national elements to hijack a merchant’s vessel or attempt forced entry of a rogue/commandeered merchant vessel into the Kochi harbour.
Source: The Business Standard

  Odisha Chief Minister Naveen Patnaik has launched the ‘Jalsathi’ programme to ensure supply of safe drinking water to all households in the state. The Odisha CM also launched the ‘JalSathi’ App on the occasion. The Water Corporation of Odisha (WATCO) signed a memorandum of understanding with the women federations in Bhubaneswar for the implementation of the programme. The JalSathi initiative aims to ensure the supply of clean drinking water to consumers through piped water connections.
Source: The News on AIR

  HDFC Bank has become the 3rd Indian firm to cross $100 billion mark in market capitalisation. HDFC Bank has joined the league of Reliance Industries Ltd, which has a market cap of $140.74 billion, and Tata Consultancy Services (TCS) that has a market cap of $114.60 billion. With this achievement, HDFC Bank is now ranked 110th in the list of world’s most valued companies. Among the world’s most valued banks and financial companies which have a market cap of over $100 billion, HDFC Bank is ranked at 26th position.
Source: The Live Mint


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