1. PDP largest party in hung J&K, BJP ahead in Jharkhand
Jammu and Kashmir today returned a hung verdict with PDP as a dominant party that can tie up either with the Congress or BJP in forming the Government as BJP and its allies appeared headed for capturing power in Jharkhand.
Prime Minister Narendra Modi’s vigorous campaign in Jammu and Kashmir failed to make a breakthrough in the Valley but made it a dominant party in the Jammu region where it has won three seats and is ahead in 22 of the 37 seats.
The PDP, which has emerged the single largest party in Jammu and Kashmir winning is ahead in 33 seats including two seats already in its bag, appeared to be in the pole position to form the government in the 87-member Assembly.
The party headed by Mufti Mohammed Sayeed can choose to form the government either with the support of Congress which is leading in 11 seats and has won one seat or the BJP. The Congress and PDP had formed a government together in 2002.
The ruling National Conference suffered a rout plummeting from 28 seats it won in 2008 to 11 including one seat in its bag. Chief Minister Omar Abdullah lost from Sonawar, one of the two seats he contested from while trailing in Beerwah.
In Jharkhand, the BJP and its ally AJSU headed by Sudesh Mahto were well on the road to forming a coalition government.
The BJP was leading in 35 seats of the total 81 seats while AJSU was ahead in four seats.
With just two seats short of majority, the two may have no difficulty in staking claim with support from small parties and independents who account for 10 seats including six of JVM(P) headed by former BJP Chief Minister Babu Lal Marandi.
The ruling JMM, ironically, put up a better show leading in 19 seats and winning one against 18 it had won in the last elections. Chief Minister and JMM candidate Hemant Soren is leading in Barhait constituency but is trailing in Dumka, the other seat he is contesting.
2. RBI licensed Ford Credit India to operate as a NBFC
Reserve Bank of India (RBI) licensed Ford Credit India to operate as a
non-banking financial company (NBFC). Ford Credit India is a subsidiary of Ford Motor Credit Company.
The company will start automotive financing in India by first quarter of 2015.
Ford Credit provides a range of automotive financial products and services to about 5200 Ford and Lincoln dealers and more than 3.8 million customers around the world.
The company plans to begin dealer wholesale inventory financing in the first quarter of 2015. Consumer retail financing will follow later in the year 2015.
Ford had identified India as a key market in its Asia Pacific strategy. It is on course to invest 2 billion US dollar, nearly half of which is being spent on a new manufacturing facility in Sanand, Gujarat.
The manufacturing facility in Sanand will nearly double the company’s installed production capacity in the country to 6.1 lakh engines and 4.4 lakh vehicles a year.
Mark Constable is the Managing Director (MD) of Ford Credit India.
3. Prakash Mishra appointed as Directorate General of CRPF
Senior IPS officer Prakash Mishra was appointed as the Directorate General of Central Reserve Police Force (CRPF). He will serve the office till February 2016.
The post of CRPF Directorate General was vacant since 30 November 2014 after incumbent Dilip Trivedi retired.
His appointment was confirmed by the appointments committee of the Union Cabinet. Mishra was till now serving as the Special Secretary (Internal Security) in the Union Home Ministry.
4. Gujarat to host 13th Pravasi Bharatiya Divas in January 2015
Ministry of External Affairs (MEA) announced that Gujarat will host 13th Pravasi Bharatiya Divas (PBD) from 7 January 2015 to 9 January 2015.
The 13th edition of PBD will mark the 100th year of Mahatma Gandhi’s return to India from South Africa. PBD is an event which celebrates the achievements of Indians living abroad.
The chief guest of the 13th PBD would be Guyana President Donald Ramotar.
PBD is the world's largest annual gathering of people of Indian origin. PBD is aimed at enhancing networking and reinforcing commercial linkages. There are 25 million people of Indian origin residing outside India.
5. Shyam Srinivasan appointed as Chairman of IBA committee on Member Private Sector Banks
Federal Bank CEO Shyam Srinivasan was appointed as the Chairman of the reconstituted Indian Banks’ Association committee on Member Private Sector Banks for 2014-15.
The committee consists of executives from 13 private banks. The committee is tasked to look after the specific needs of all the 23 private sector banks that are members of the IBA. The term of the committee is one year.
6. Book titled Why I Assassinated Gandhi written by Nathuram Godse and Gopal Godse
The book titled Why I Assassinated Gandhi written by Nathuram Godse and Gopal Godse was in news in third week of December 2014.
The first revised edition of book was published by Delhi-based Farsight Publishers and Distributors. The revised edition has been compiled and edited by Virender Mehra. The book was first published in 1993 by Surya Bharti Prakashan.
7. Bokaro Steel Plant bags award for its CSR activities
Bokaro Steel Plant (BSL), a unit of SAIL, has been conferred with the CII-ITC Sustainability Award-2014 for its corporate social responsibility efforts.
The award came after an assessment of the BSL's CSR activities in October this year.
8. British singer Joe Cocker passed away
Legendary soul and rock singer Joe Cocker died in the US state of Colorado following the lung cancer. He was 70.
9. Former Union Minister G. Venkataswamy died
Former Union Minister G. Venkataswamy died in Hyderabad, Telangana. He was 85.
He represented the Peddapalli constituency of Andhra Pradesh (present Telangana) and was a member of the Indian National Congress (INC) political party.
He was a member of the 14th Lok Sabha of India.
10. ‘Modi-Rajan-Commodity’ trinity attracts US investors, says Citi
India remains a favourite among the US investors due to ‘Modi-Rajan-Commodity’ trinity, a Citi report has said. This report is based on the feedback gathered in meeting with 50 US institutional investors.
The report on India Macro View, authored by Rohini Malkani and Anurag Jha of Citigroup India, said India remains favourite both as an ‘absolute’ and ‘relative’ play due to Business-friendly Modi, pro-active RBI Governor Raghuram Rajan, and commodity tailwinds.
11. World Bank’s Rs 450-cr project to cover 2.5 lakh Telangana farmers
The World Bank has approved a Rs. 450-crore loan to the new state of Telangana to improve incomes and address healthcare needs of farmers. The project, Telangana Rural Inclusive Growth Project, will focus on small and marginal farmers, especially from the Scheduled Caste and Scheduled Tribes.
The project targets to increase incomes of 2.5 lakh farmers by 50 per cent by improving farm productivity and providing access to the markets.
One-stop-shops, equipped with relevant technologies, will be set up in various panchayats in 150 most backward mandals where the project is proposed to be implemented. These facilities will act as single point delivery for various services and inputs.
12. Beji Caid Essebsi elected as President of Tunisia
Beji Caid Essebsi had been elected as President of Tunisia. Thus he is the first democratically elected President in the country after the Arab Spring.
In the recent run-off elections he got 56 percent votes and defeated the outgoing President Moncief Marzouki.
1. PDP largest party in hung J&K, BJP ahead in Jharkhand
Jammu and Kashmir today returned a hung verdict with PDP as a dominant party that can tie up either with the Congress or BJP in forming the Government as BJP and its allies appeared headed for capturing power in Jharkhand.
Prime Minister Narendra Modi’s vigorous campaign in Jammu and Kashmir failed to make a breakthrough in the Valley but made it a dominant party in the Jammu region where it has won three seats and is ahead in 22 of the 37 seats.
The PDP, which has emerged the single largest party in Jammu and Kashmir winning is ahead in 33 seats including two seats already in its bag, appeared to be in the pole position to form the government in the 87-member Assembly.
The party headed by Mufti Mohammed Sayeed can choose to form the government either with the support of Congress which is leading in 11 seats and has won one seat or the BJP. The Congress and PDP had formed a government together in 2002.
The ruling National Conference suffered a rout plummeting from 28 seats it won in 2008 to 11 including one seat in its bag. Chief Minister Omar Abdullah lost from Sonawar, one of the two seats he contested from while trailing in Beerwah.
In Jharkhand, the BJP and its ally AJSU headed by Sudesh Mahto were well on the road to forming a coalition government.
The BJP was leading in 35 seats of the total 81 seats while AJSU was ahead in four seats.
With just two seats short of majority, the two may have no difficulty in staking claim with support from small parties and independents who account for 10 seats including six of JVM(P) headed by former BJP Chief Minister Babu Lal Marandi.
The ruling JMM, ironically, put up a better show leading in 19 seats and winning one against 18 it had won in the last elections. Chief Minister and JMM candidate Hemant Soren is leading in Barhait constituency but is trailing in Dumka, the other seat he is contesting.
2. RBI licensed Ford Credit India to operate as a NBFC
Reserve Bank of India (RBI) licensed Ford Credit India to operate as a
non-banking financial company (NBFC). Ford Credit India is a subsidiary of Ford Motor Credit Company.
The company will start automotive financing in India by first quarter of 2015.
Ford Credit provides a range of automotive financial products and services to about 5200 Ford and Lincoln dealers and more than 3.8 million customers around the world.
The company plans to begin dealer wholesale inventory financing in the first quarter of 2015. Consumer retail financing will follow later in the year 2015.
Ford had identified India as a key market in its Asia Pacific strategy. It is on course to invest 2 billion US dollar, nearly half of which is being spent on a new manufacturing facility in Sanand, Gujarat.
The manufacturing facility in Sanand will nearly double the company’s installed production capacity in the country to 6.1 lakh engines and 4.4 lakh vehicles a year.
Mark Constable is the Managing Director (MD) of Ford Credit India.
3. Prakash Mishra appointed as Directorate General of CRPF
Senior IPS officer Prakash Mishra was appointed as the Directorate General of Central Reserve Police Force (CRPF). He will serve the office till February 2016.
The post of CRPF Directorate General was vacant since 30 November 2014 after incumbent Dilip Trivedi retired.
His appointment was confirmed by the appointments committee of the Union Cabinet. Mishra was till now serving as the Special Secretary (Internal Security) in the Union Home Ministry.
4. Gujarat to host 13th Pravasi Bharatiya Divas in January 2015
Ministry of External Affairs (MEA) announced that Gujarat will host 13th Pravasi Bharatiya Divas (PBD) from 7 January 2015 to 9 January 2015.
The 13th edition of PBD will mark the 100th year of Mahatma Gandhi’s return to India from South Africa. PBD is an event which celebrates the achievements of Indians living abroad.
The chief guest of the 13th PBD would be Guyana President Donald Ramotar.
PBD is the world's largest annual gathering of people of Indian origin. PBD is aimed at enhancing networking and reinforcing commercial linkages. There are 25 million people of Indian origin residing outside India.
5. Shyam Srinivasan appointed as Chairman of IBA committee on Member Private Sector Banks
Federal Bank CEO Shyam Srinivasan was appointed as the Chairman of the reconstituted Indian Banks’ Association committee on Member Private Sector Banks for 2014-15.
The committee consists of executives from 13 private banks. The committee is tasked to look after the specific needs of all the 23 private sector banks that are members of the IBA. The term of the committee is one year.
6. Book titled Why I Assassinated Gandhi written by Nathuram Godse and Gopal Godse
The book titled Why I Assassinated Gandhi written by Nathuram Godse and Gopal Godse was in news in third week of December 2014.
The first revised edition of book was published by Delhi-based Farsight Publishers and Distributors. The revised edition has been compiled and edited by Virender Mehra. The book was first published in 1993 by Surya Bharti Prakashan.
7. Bokaro Steel Plant bags award for its CSR activities
Bokaro Steel Plant (BSL), a unit of SAIL, has been conferred with the CII-ITC Sustainability Award-2014 for its corporate social responsibility efforts.
The award came after an assessment of the BSL's CSR activities in October this year.
8. British singer Joe Cocker passed away
Legendary soul and rock singer Joe Cocker died in the US state of Colorado following the lung cancer. He was 70.
9. Former Union Minister G. Venkataswamy died
Former Union Minister G. Venkataswamy died in Hyderabad, Telangana. He was 85.
He represented the Peddapalli constituency of Andhra Pradesh (present Telangana) and was a member of the Indian National Congress (INC) political party.
He was a member of the 14th Lok Sabha of India.
10. ‘Modi-Rajan-Commodity’ trinity attracts US investors, says Citi
India remains a favourite among the US investors due to ‘Modi-Rajan-Commodity’ trinity, a Citi report has said. This report is based on the feedback gathered in meeting with 50 US institutional investors.
The report on India Macro View, authored by Rohini Malkani and Anurag Jha of Citigroup India, said India remains favourite both as an ‘absolute’ and ‘relative’ play due to Business-friendly Modi, pro-active RBI Governor Raghuram Rajan, and commodity tailwinds.
11. World Bank’s Rs 450-cr project to cover 2.5 lakh Telangana farmers
The World Bank has approved a Rs. 450-crore loan to the new state of Telangana to improve incomes and address healthcare needs of farmers. The project, Telangana Rural Inclusive Growth Project, will focus on small and marginal farmers, especially from the Scheduled Caste and Scheduled Tribes.
The project targets to increase incomes of 2.5 lakh farmers by 50 per cent by improving farm productivity and providing access to the markets.
One-stop-shops, equipped with relevant technologies, will be set up in various panchayats in 150 most backward mandals where the project is proposed to be implemented. These facilities will act as single point delivery for various services and inputs.
12. Beji Caid Essebsi elected as President of Tunisia
Beji Caid Essebsi had been elected as President of Tunisia. Thus he is the first democratically elected President in the country after the Arab Spring.
In the recent run-off elections he got 56 percent votes and defeated the outgoing President Moncief Marzouki.
No comments:
Post a Comment