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Prachanda-led Faction Elects Him as New Parliamentary Leader
Nepal Communist Party's executive chairman Pushpa Kamal Dahal 'Prachanda' was elected as the ruling party's new parliamentary leader, replacing Prime Minister K. P. Sharma Oli.
The 66-year-old leader's nomination was proposed by senior leader Madhav Kumar Nepal, who was earlier named as one of the two chairmen of the party, at a parliamentary party meeting of the Prachanda-led faction at the Parliament Building in New Baneshwar.
Alex Padilla to Replace Kamala Harris in US Senate
Alex Padilla has been named to replace Vice-President-elect Kamala Harris in the US Senate by California Governor Gavin Newsom, filling the remainder of her term in the Upper House.
He is the first Latino to represent California in the house and a close ally of Mr. Newsom.
The son of Mexican immigrants, he became California's first Latino secretary of state in 2015.
He is due to hold the Senate seat until 2022 when Ms. Harris's term ends.
The UK and EU Ready to Unveil Brexit Trade Accord
Negotiators from the European Union and Britain worked through the night and right into Christmas Eve to put an end to the historic Brexit Trade Accord, which is expected to be announced very soon.
After resolving the remaining fair completion and almost all fisheries issues, negotiators combed through hundreds of pages of legal text that should become the blueprint for post-Brexit relationship.
The agreement, which will formally complete Britain's separation from the bloc four-and-a-half years after the 2016 referendum, will allow for tariff and quota-free trade in goods and cooperation in areas from security to aviation.
The outline of the deal was agreed, and an announcement is expected very soon. Meanwhile in Brussels, chief negotiators were still working to nail down the exact wording of the final treaty in the European Commission's headquarters.
Google has invested in two Indian start-ups, Glance and VerSe Innovation, as part of its USD 10 billion Google for India Digitisation Fund to enable them to further scale up availability of content in different formats across various Indic languages.
As per reports, Google has participated in Glance's USD 145 million (about Rs. 1,071.5 crore) and VerSe Innovation's USD 100 million (about Rs. 739 crore) funding rounds.
In July this year, Google's Sundar Pichai had announced a USD 10 billion (Rs. 75,000 crore) Google for India Digitisation Fund that will be invested over the next five to seven years to help accelerate the adoption of digital technologies in the country.
LG and Magna Announce Joint Venture in Electric Car Gear
South Korea-based LG Electronics Inc and automotive supplier Magna International Inc are launching a joint venture that will make key components for electric cars.
The joint venture, tentatively called LG Magna e-Powertrain and valued at $1 billion, will manufacture e-motors, inverters and onboard chargers, according to LG Electronics.
The deal expands a wave of consolidation among suppliers aiming to capture a growing market for electric vehicle, e-axle systems, which combine electric motors, power controls and driving gears in one unit.
LG Electronics is an affiliate of South Korea's fourth-largest conglomerate, with interests ranging from electronics, including smartphones, to home appliances. LG Group's major affiliates include LG Display Co Ltd, which counts Apple Inc as its customer, as well as LG Chem Ltd, whose wholly owned LG Energy Solution subsidiary provides EV batteries to Tesla Inc.
China asks Pakistan for Additional Guarantees for $6 bn Loan for Rail Project
China has sought additional guarantees before sanctioning a USD 6-billion loan for the Main Line-1 (ML-1) railway line project in Pakistan, due to the country's weakening financial position.
China has also proposed a mix of commercial and concessional loans to fund the rail project, going against Islamabad's wishes of 'cheapest lending'.
The issue of additional guarantees was raised during the third joint ML-1 Financing Committee Meeting held ten days ago (December 13), The Express Tribune newspaper reported, quoting official documents.
The ML-1 project includes dualisation and upgrading of the 1,872-km railway track from Peshawar to Karachi and is a major milestone for the second phase of the China-Pakistan Economic Corridor (CPEC).
DigiBoxx: India's First Indigenous Digital Asset Management Platform
CEO of NITI Aayog Amitabh Kant virtually launched India's first digital asset management platform DigiBoxx.
Kant also signed up for an account, making him the first user of an Indian digital file storage, sharing and management SaaS product that provides storage options for business as well as individual users.
The platform provides an easy and secure way to store all the files in one centralised location.
This is indigenous innovation at its best. I have always maintained that the Indian tech industry can be globally competitive in all aspects and Digiboxx is such an example. It ticks all the rights boxes for India Inc's needs but also fills a gap for the MSME universe which is untapped.
Indian basketball player Satnam Singh Bhamara's year-long wait to know of his fate regarding his doping offence has finally ended after the Anti-Doping Disciplinary Panel (ADDP) sanctioned a two-year suspension period.
Bhamara, who is the first Indian to make it big in NBA after he was signed by Dallas Mavericks, was issued a provisional suspension in November last year after his sample showed presence of higenamine. Bhamara was tested on August 17 in Bangalore, where he was part of the Indian team preparing for the South Asian Games. The National Anti-Doping Agency (NADA) subsequently issued the provisional suspension on November 11.
A key faction of Naga insurgent group NSCN-K announced that it would join the peace talks with the Centre and restore the ceasefire agreement that it had unilaterally abrogated in 2015 by killing 18 Indian Army personnel in an ambush. This comes at a time when the talks between NSCN-IM, the largest Naga rebel group, and the Centre have reached a standstill.
NSCN-K was part of the SS Khaplang faction but later split over differences. It claims to have nearly 90 armed cadres near the India-Myanmar border. NSCNK's recently elected leader Niki Sumi is wanted by NIA in connection with the 2015 attack. According to officials, Sumi has been in talks with Indian representatives and may join the Naga National Political Groups, a conglomerate of seven political organisations from Nagaland.
Congress Loses Buffer Role in J&K
Congress' lack-lustre performance in the J&K District Development Council polls has not come as a surprise to its leader. The political and ideological fight between BJP and the Gupkar alliance saw the party's sidelining in the UT. While the main national opposition was at odds with its contradictory position in Jammu and the Kashmir valley, the absence of high-profile AICC campaigners, factional feuds and local leaders' focus on family candidates added to the Congress misery.
The regional Congress leadership had announced that it would have an understanding with the Gupkar alliance, taking into account sentiments in the Kashmir valley but AICC disowned the stand due to BJP pressure at the national stage. This saw BJP run over Congress in Jammu while the main opposition's stand against dilution of Article 370 was not enough to help it electorally in the Kashmir valley, where even the son of PCC chief Ghulam Ahmad Mir lost. While BJP opened its account in the valley, Congress' lost its remaining base to the Gupkar alliance.
Kerala again Seeks Governor's Nod to Convene Special Assembly Session
The Kerala cabinet again decided to recommend to Governor Arif Mohammed Khan seeking approval for a special Assembly sessionon December 31 to discuss and pass a resolution against the three central farm laws, against which farmers have been protesting near Delhi.
As per Chief Minister Pinarayi Vijayan, his government was hopeful that the Governor would accord sanction for the special session.
This comes days after Governor Khan declined consent for the Left government in the southern state to convene a one-day session on December 23 to discuss the central laws and express solidarity with the agitating farmers.
India Successfully Test-fires Medium Range Surface-to Air Missile
India successfully test-fired a medium range surface-to-air missile (MRSAM) from Odisha coast.
The missile was fired from a ground mobile launcher at launch pad number-1 of the Integrated Test Range (ITR) near here at 3.55 pm, and it hit the target with accuracy.
An unmanned air vehicle (UAV), 'Banshee', was first flown into the air, which was hit by the MRSAM.
The DRDO has jointly developed the missile in collaboration with Israel Aerospace Industries.
The MRSAM has been manufactured by Bharat Dynamics Ltd.
After its induction into the Indian army, the missile will significantly enhance the combat effectiveness of the defence forces.
Renowned Malayalam Poet-activist Sugathakumari Dies
Acclaimed Malayalam poet and environmental activist Sugathakumari passed away following Covid-19 complications at the Medical College Hospital in Thiruvananthapuram. She was 86.
Sugathakumari was an influential voice in the field of Malayalam literature with her works garnering all the major accolades on offer in the country. She was a recipient of the Kerala Sahitya Akademi award, Kendra Sahitya Akademi award, Odakkuzhal award, Ezhuthachan award among others.
Prime Minister Narendra Modi is to launch the SEHAT Scheme on December 26 for the Union Territory of Jammu and Kashmir. SEHAT is Social Endeavour for Health and Telemedicine.
The scheme will provide free cashless treatment for the inhabitants of Jammu and Kashmir up to Rs. 5 lakh of health cover.
The beneficiaries of the scheme are to be provided with a card.
The Common Service Centres are to be effectively used in the implementation of the scheme.
The scheme will include all the Indoor Patient Department cases of Pradhan Mantri Jan Arogya Yojana.
The scheme will also use the help of Arogya Mitras to cover maximum number of people.
The Jammu and Kashmir Medical Supplies Corporation is to provide the medical supplies for the hospitals under the scheme.
The Indian Institute of Technology Jodhpur and WhizHack Technologies Private Limited signed an MoU for the establishment of a new Centre of Excellence (CoE) for innovations in Cyber Security, AI, and IoT.
The signing ceremony was held at IIT Jodhpur campus in the presence of Professor Santanu Chaudhury, Director, IIT Jodhpur, Dr. Ram Prakash, Professor Surajit Ghosh, and co-founders of WhizHack Technologies- Kallol Sil, Kaushik Ray, and Sanjay Sengupta.
WhizHack Technologies' vision is to be the first truly Indian product engineering and human capital development company for managing the complete value chain of a secured cyber environment. Given the dearth in India's cybersecurity workforce, the burgeoning security breaches, and the Government's priority to strengthen India's cyber security resource, this collaboration comes at a pertinent time.
Gujarat Raises Age Limit for Entry to Class 1 to Six Years
The Gujarat education department has raised the age limit for admission to Class 1 from the current five years to six years from the academic year 2023-24 in state board schools for parity with other education boards.
In a circular issued all district primary education officers, district education committees, district education officers, and administrative officers of all municipal corporations have been directed to spread awareness among playgroups to rule out any 'conflict situation' among parents and these offices.
In 2012, the state government, under the Right to Education (RTE) Act rules, had allowed five years as the entry-level age for admission to class 1 in schools under the Gujarat Secondary and Higher Secondary Education Board (GSHSEB). It was also extended to admissions in private schools under the Act's 25 per cent reservation rule. But due to the difference in entry-level age, children would often be denied admission to private schools affiliated to the Central Board of Secondary Education (CBSE) and a few other education boards where the age limit is fixed at six years.
Italy's government is seeking bids from engineers to rebuild the floor of the Colosseum in Rome and return it to its former glory.
The project will have a total budget of 18.5m euros (£16.7m; $22.5m), and the work is due to start next year.
The retractable floor is expected to feature trap doors and hidden lifts.
It will be a major technological intervention that will offer visitors the opportunity to, not only see the underground rooms, but also appreciate the beauty of the Colosseum while standing in the centre of the arena.
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