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General Awareness - Top Stories

29 Dec 2016

AROUND THE WORLD

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Criminal Probe against PM Netanyahu Ordered

  • Israel`s Attorney-General has ordered police to open a criminal investigation in two unspecified matters involving Prime Minister Benjamin Netanyahu.
  • Netanyahu has in the past denied wrongdoing in the purchase of submarines from Germany, where media have reported a potential conflict of interest involving his lawyer.

Criminal Probe against PM Netanyahu Ordered

  • Israel`s Attorney-General has ordered police to open a criminal investigation in two unspecified matters involving Prime Minister Benjamin Netanyahu.
  • Netanyahu has in the past denied wrongdoing in the purchase of submarines from Germany, where media have reported a potential conflict of interest involving his lawyer.

INDIA - BUSINESS/ECONOMY

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Sale of India's First Pharma Firm

  • In the second strategic sale approval in over 12 years, the Cabinet cleared the sale of India's first pharma company Bengal Chemicals and Pharmaceuticals Ltd as well as Hindustan Antibiotics Ltd after selling their surplus land.
  • BCPL and HAL are among the public sector units that NITI Aayog identified for sale of government's majority stake to private companies in order to bring in greater efficiency and professionalism in their functioning.

General Insurance Sector Sees Growth

  • Despite demonetisation, the general insurance industry saw 29% growth with premium collection for the month of November. Health was the most robust portfolio, ahead of motor and commercial lines with standalone insurers seeing 40% increase.
  • The general insurance sector, however, did not witness the stellar growth witnessed by life for the month of November.

SCIENCE & TECHNOLOGY

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China Launches Two Satellites

  • China successfully launched two high-resolution remote sensing satellites which can get commercial images at 0.5-meter resolution.
  • The satellites called 'SuperView-1 01/02' were launched from the Taiyuan Satellite Launch Centre in Shanxi Province.

China Launches Two Satellites

  • China successfully launched two high-resolution remote sensing satellites which can get commercial images at 0.5-meter resolution.
  • The satellites called 'SuperView-1 01/02' were launched from the Taiyuan Satellite Launch Centre in Shanxi Province.

INDIA - OTHERS

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Delhi Gets New Governor

  • Former union home secretary Anil Baijal has been appointed Delhi's Lieutenant Governor.
  • Baijal is from the 1969 batch of the Union Territory cadre and was appointed as the home secretary in February 2004.
  • He has served as Union Home Secretary under the Atal Bihari Vajpayee government besides holding key positions in other ministries.

Uttar Pradesh Polls

  • The Samajwadi Party has announced that it will not form any pre-poll alliance for the upcoming assembly elections in Uttar Pradesh.
  • Mulayam Singh also declared party candidates for 325 constituencies, out of which 175 seats are of sitting MLAs.
  • Candidates for the remaining 78 seats will be announced at a later date.

Viral V. Acharya Appointed as Deputy Governor of RBI

  • The Centre appointed Viral V. Acharya, Professor of Economics at the New York as a Deputy Governor of the Reserve Bank of India for a three-year term.
  • Dr. Acharya will oversee Monetary Policy and Research at the central bank and will assume office in January 2017.
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