1. India and Australia signed five pacts and agreed on early closure of Civil Nuclear Deal
India and Australia on 18 November 2014 signed five pacts on social
security, transfer of sentenced prisoners, combating narcotics trade, tourism, and Arts and Culture.
Highlights of the agreements
The Social Security Agreement will help in making the business relations stronger, especially in the Services Sector. It will provide for social security and superannuation benefits for those who have been residents of the other country on basis of equality of benefit, export of benefits and avoidance of double coverage. It will lead to greater economies and promote the flow of professionals.
Agreement concerning Transfer of Sentenced Prisoners: It will facilitate, regulate and lay down procedures for the transfer of sentenced persons and enable rehabilitation and reintegration of sentenced persons into society.
MoU on Combating Narcotics Trafficking and Developing Police Cooperation: It places priority on tackling illicit trade, diversion of precursors, asset forfeiture and drug money laundering. It will help develop strategies and procedures for operations to disrupt and dismantle transnational narcotic related threats.
MoU on Cooperation in the Field of Arts and Culture: It will promote cooperation through exchange of information, professional expertise, training and exhibitions in the field of culture. It will deepen understanding between the people, institutions and art genres and promote sound and sustainable artistic and cultural activities.
MoU in the Field of Tourism: It will encourage cooperation in tourism policy, information exchange, interaction between tourism stakeholders, training and investments in hospitality sector and promote the importance of the tourism sector in economic development and employment generation.
Moreover, India and Australia agreed on early closure of the civil nuclear agreement which will give Australia a chance to participate in one of the most secure and safe nuclear energy programme in the world.
Other Decisions taken by the two countries
• Australian Prime Minister Tony Abbott and his Indian Counterpart Narendra Modi agreed to have a Free Trade deal by 2015 end.
• India will organise a Make in India show in Australia in 2015 while Australia would hold a business week in India in January 2015.
• The countries too agreed to speed up negotiations on the Comprehensive Economic Partnership Agreement.
• India and Australia also agreed on a Framework for Security Cooperation. Security and defence are important and growing areas of the new India-Australia partnership for advancing regional peace and stability, and combating terrorism and trans-national crimes.
• India and Australia signed the new Cultural Exchange Programme where India will establish a Cultural Centre in Sydney by February 2015. India will hold a Festival of India in Australia in 2015 and tourism weeks in Australia.
• Persons of Indian Origin (PIO) and Overseas Citizen of India (OCI) card holders need not present themselves at police stations while visiting India from now onwards. The people who have a Persons of Indian Origin (PIO) card will now get a lifetime visa to India.
2. Union Government relaunched Kisan Vikas Patra scheme to encourage small savings
The Union Government on 18 November 2014 relaunched Kisan Vikas Patra scheme (KVP) in New Delhi to encourage the habit of small savings among the citizens.
The scheme will soon be made available through designated branches of nationalized banks across the country.
Highlights of the Kisan Vikas Patra scheme (KVP)
• The scheme will provide facility of unlimited investment by way of purchase of certificate from post office in various denominations.
• The KVP will be available to the investors in the denomination of 1000, 5000, 10000 and 50000 rupees with no upper ceiling on investment.
• The certificates can also be issued in single or joint names and can be transferred from one person to any other person. The investment made in the certificate will double in 100 months.
• The facility of transfer from one post office to another anywhere in India and of nomination will also be available under the scheme.
• Kisan Vikas Patra scheme has unique liquidity feature, where an investor can encash his certificates after the lock-in period of 2 years and 6 months and thereafter in any block of six months on pre-determined maturity value.
• With a maturity period of 8 years 4 months, the collections under the scheme will be available with the Union Government for a fairly long period to be utilized in financing developmental plans of the Centre and State Governments.
3. Fourth India – China joint military exercise Hand-in-Hand 2014 started in Pune
The
Fourth India-China Joint Training Exercise Hand-in-Hand 2014 began at
Aundh Military Station in Pune, Maharashtra on 17 November 2014. The
exercise will end on 25 November 2014.
The 12 day Indo-China joint
exercise is aimed to acquaint both the armies with each other’s
operating procedures in the backdrop of counter terrorism environment.
4. International Buddhist Conference 2014 held in Nepal
The International Buddhist Conference 2014 was held from 15 November to 18 November 2014 in Lumbini, Nepal. It was held with an objective of preserving Buddhist culture and heritage.
The conference was held with a joint initiative of Nepal Theravada Buddhist Academy and Myanmar Sitagu International Buddhist Academy.
5. Akash missile test fired successfully for second day
For the second consecutive day, India today successfully test-fired its indigenously developed surface-to-air ‘Akash’ missile from a test range in Odisha as part of user trial by the air force.
The trial of the missile was ‘fully successful’, ITR director M V K V Prasad told PTI adding it hit a para-barrel target.
The test-fire was a practice and evaluation trial for a new squadron and a repeat performance as the medium range missile had been test-fired successfully yesterday from the same test range.
6. Vengsarkar to receive BCCI Lifetime Achievement Award
Former India captain Dilip Vengsarkar will receive the C.K. Nayudu Lifetime Achievement Award for 2014, a Board of Control for Cricket in India (BCCI) statement said on Tuesday.
He will be handed a citation, trophy and cheque for Rs. 25 lakh at the eighth annual BCCI Awards Ceremony to be held here on Friday to recognise and reward India’s top performers in the 2013-14 season.
Vengsarkar was nominated for the award by a committee comprising interim BCCI president Shivlal Yadav, secretary Sanjay Patel and senior journalist Shekhar Gupta. Former India skipper Kapil Dev received the award in 2013.
Vengsarkar, regarded as one of India’s best batsmen, is also known by the nickname ‘Colonel’. The 58-year-old made his international debut against New Zealand at Auckland in 1975-76.
7. Pandit Jasraj conferred with Sumitra Charat Ram Award 2014 for Lifetime Achievement
Veteran classical vocalist Pandit Jasraj was on 17 November 2014 conferred with the Sumitra Charat Ram Award 2014 for Lifetime Achievement.
Pandit Jasraj joined the list of eminent personalities who were honoured with the award earlier including Pt Birju Maharaj, Kishori Amonkar and Mayadhar Raut.
8. Assam government presented 1st state bravery award to Gunjan Sarma
The Assam government on 17 November 2014 presented the first state bravery award to Gunjan Sarma in Guwahati.
15 year old Gunjan, a resident of Sivsagar district was awarded with Assam’s first ever bravery award for saving lives of 10 school children who were taken hostage by a gunman on 4 December 2013.
9. Myntra.com named Kangana Ranaut as its brand ambassador
Leading online fashion store Myntra.com in the month of July 2014 named Bollywood actress Kangana Ranaut as its brand ambassador.
As part of her new assignment, Kangana will feature in some of the promotional initiatives by the brand.
10. SBI MF launches new closed-ended fund
SBI Mutual Fund today launched SBI Equity Opportunities Fund — Series II, a 36-month close-ended equity scheme.
The scheme aims to provide long term capital growth by investing in a well-diversified portfolio of equity and equity related securities across market capitalisation and sectors, SBI MF said in a statement.
11. 2002 Gujarat riots: Nanavati Commission submits final report to Anandiben Patel
Justice Nanavati Commission on Tuesday submitted its final report on the 2002 Gujarat riots to State Chief Minister Anandiben Patel.
The commission members — Retd. Supreme Court Justice G.T. Nanavati and Retd. High Court Justice Akshay Mehta — drove to the residence of Ms. Patel and submitted the report to her, officials at the Chief Minister’s Office said.
The final report of the commission on the 2002 riots, in which more than 1,000 people — mostly of minority community — were killed, comes after extensive investigation which ran over a period of more than 12 years
1. India and Australia signed five pacts and agreed on early closure of Civil Nuclear Deal
India and Australia on 18 November 2014 signed five pacts on social
security, transfer of sentenced prisoners, combating narcotics trade, tourism, and Arts and Culture.
Highlights of the agreements
The Social Security Agreement will help in making the business relations stronger, especially in the Services Sector. It will provide for social security and superannuation benefits for those who have been residents of the other country on basis of equality of benefit, export of benefits and avoidance of double coverage. It will lead to greater economies and promote the flow of professionals.
Agreement concerning Transfer of Sentenced Prisoners: It will facilitate, regulate and lay down procedures for the transfer of sentenced persons and enable rehabilitation and reintegration of sentenced persons into society.
MoU on Combating Narcotics Trafficking and Developing Police Cooperation: It places priority on tackling illicit trade, diversion of precursors, asset forfeiture and drug money laundering. It will help develop strategies and procedures for operations to disrupt and dismantle transnational narcotic related threats.
MoU on Cooperation in the Field of Arts and Culture: It will promote cooperation through exchange of information, professional expertise, training and exhibitions in the field of culture. It will deepen understanding between the people, institutions and art genres and promote sound and sustainable artistic and cultural activities.
MoU in the Field of Tourism: It will encourage cooperation in tourism policy, information exchange, interaction between tourism stakeholders, training and investments in hospitality sector and promote the importance of the tourism sector in economic development and employment generation.
Moreover, India and Australia agreed on early closure of the civil nuclear agreement which will give Australia a chance to participate in one of the most secure and safe nuclear energy programme in the world.
Other Decisions taken by the two countries
• Australian Prime Minister Tony Abbott and his Indian Counterpart Narendra Modi agreed to have a Free Trade deal by 2015 end.
• India will organise a Make in India show in Australia in 2015 while Australia would hold a business week in India in January 2015.
• The countries too agreed to speed up negotiations on the Comprehensive Economic Partnership Agreement.
• India and Australia also agreed on a Framework for Security Cooperation. Security and defence are important and growing areas of the new India-Australia partnership for advancing regional peace and stability, and combating terrorism and trans-national crimes.
• India and Australia signed the new Cultural Exchange Programme where India will establish a Cultural Centre in Sydney by February 2015. India will hold a Festival of India in Australia in 2015 and tourism weeks in Australia.
• Persons of Indian Origin (PIO) and Overseas Citizen of India (OCI) card holders need not present themselves at police stations while visiting India from now onwards. The people who have a Persons of Indian Origin (PIO) card will now get a lifetime visa to India.
2. Union Government relaunched Kisan Vikas Patra scheme to encourage small savings
The Union Government on 18 November 2014 relaunched Kisan Vikas Patra scheme (KVP) in New Delhi to encourage the habit of small savings among the citizens.
The scheme will soon be made available through designated branches of nationalized banks across the country.
Highlights of the Kisan Vikas Patra scheme (KVP)
• The scheme will provide facility of unlimited investment by way of purchase of certificate from post office in various denominations.
• The KVP will be available to the investors in the denomination of 1000, 5000, 10000 and 50000 rupees with no upper ceiling on investment.
• The certificates can also be issued in single or joint names and can be transferred from one person to any other person. The investment made in the certificate will double in 100 months.
• The facility of transfer from one post office to another anywhere in India and of nomination will also be available under the scheme.
• Kisan Vikas Patra scheme has unique liquidity feature, where an investor can encash his certificates after the lock-in period of 2 years and 6 months and thereafter in any block of six months on pre-determined maturity value.
• With a maturity period of 8 years 4 months, the collections under the scheme will be available with the Union Government for a fairly long period to be utilized in financing developmental plans of the Centre and State Governments.
3. Fourth India – China joint military exercise Hand-in-Hand 2014 started in Pune
The
Fourth India-China Joint Training Exercise Hand-in-Hand 2014 began at
Aundh Military Station in Pune, Maharashtra on 17 November 2014. The
exercise will end on 25 November 2014.
The 12 day Indo-China joint
exercise is aimed to acquaint both the armies with each other’s
operating procedures in the backdrop of counter terrorism environment.
4. International Buddhist Conference 2014 held in Nepal
The International Buddhist Conference 2014 was held from 15 November to 18 November 2014 in Lumbini, Nepal. It was held with an objective of preserving Buddhist culture and heritage.
The conference was held with a joint initiative of Nepal Theravada Buddhist Academy and Myanmar Sitagu International Buddhist Academy.
5. Akash missile test fired successfully for second day
For the second consecutive day, India today successfully test-fired its indigenously developed surface-to-air ‘Akash’ missile from a test range in Odisha as part of user trial by the air force.
The trial of the missile was ‘fully successful’, ITR director M V K V Prasad told PTI adding it hit a para-barrel target.
The test-fire was a practice and evaluation trial for a new squadron and a repeat performance as the medium range missile had been test-fired successfully yesterday from the same test range.
6. Vengsarkar to receive BCCI Lifetime Achievement Award
Former India captain Dilip Vengsarkar will receive the C.K. Nayudu Lifetime Achievement Award for 2014, a Board of Control for Cricket in India (BCCI) statement said on Tuesday.
He will be handed a citation, trophy and cheque for Rs. 25 lakh at the eighth annual BCCI Awards Ceremony to be held here on Friday to recognise and reward India’s top performers in the 2013-14 season.
Vengsarkar was nominated for the award by a committee comprising interim BCCI president Shivlal Yadav, secretary Sanjay Patel and senior journalist Shekhar Gupta. Former India skipper Kapil Dev received the award in 2013.
Vengsarkar, regarded as one of India’s best batsmen, is also known by the nickname ‘Colonel’. The 58-year-old made his international debut against New Zealand at Auckland in 1975-76.
7. Pandit Jasraj conferred with Sumitra Charat Ram Award 2014 for Lifetime Achievement
Veteran classical vocalist Pandit Jasraj was on 17 November 2014 conferred with the Sumitra Charat Ram Award 2014 for Lifetime Achievement.
Pandit Jasraj joined the list of eminent personalities who were honoured with the award earlier including Pt Birju Maharaj, Kishori Amonkar and Mayadhar Raut.
8. Assam government presented 1st state bravery award to Gunjan Sarma
The Assam government on 17 November 2014 presented the first state bravery award to Gunjan Sarma in Guwahati.
15 year old Gunjan, a resident of Sivsagar district was awarded with Assam’s first ever bravery award for saving lives of 10 school children who were taken hostage by a gunman on 4 December 2013.
9. Myntra.com named Kangana Ranaut as its brand ambassador
Leading online fashion store Myntra.com in the month of July 2014 named Bollywood actress Kangana Ranaut as its brand ambassador.
As part of her new assignment, Kangana will feature in some of the promotional initiatives by the brand.
10. SBI MF launches new closed-ended fund
SBI Mutual Fund today launched SBI Equity Opportunities Fund — Series II, a 36-month close-ended equity scheme.
The scheme aims to provide long term capital growth by investing in a well-diversified portfolio of equity and equity related securities across market capitalisation and sectors, SBI MF said in a statement.
11. 2002 Gujarat riots: Nanavati Commission submits final report to Anandiben Patel
Justice Nanavati Commission on Tuesday submitted its final report on the 2002 Gujarat riots to State Chief Minister Anandiben Patel.
The commission members — Retd. Supreme Court Justice G.T. Nanavati and Retd. High Court Justice Akshay Mehta — drove to the residence of Ms. Patel and submitted the report to her, officials at the Chief Minister’s Office said.
The final report of the commission on the 2002 riots, in which more than 1,000 people — mostly of minority community — were killed, comes after extensive investigation which ran over a period of more than 12 years
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