From greeting foreign leaders to heading regional summits, Crown Prince Mohammed bin Salman is taking over the reins from his elderly father and becoming Saudi Arabia's uncrowned king.
With increased concerns over the 86-year-old King Salman's health, Prince Mohammed is taking charge of presidential meetings and reception of dignitaries, with the king rarely making public appearances.
While Prince Mohammed has been considered the de facto leader since his appointment as heir to the throne in June 2017, his growing prominence has never been more apparent than when he met with French President Emmanuel Macron in early December, and led the Gulf Cooperation Council summit.
UK Signs Free Trade Deal with Australia
The UK signed a free trade deal with Australia which it says will benefit consumers and businesses.
It is described as the first post-Brexit deal negotiated from scratch and not rolled over from trade terms that the UK enjoyed while in the EU.
The government estimated it would unlock £10.4bn of additional trade while ending tariffs on all UK exports.
However, some UK farmers have expressed concern that they could be undercut by cheap imports.
As per the government, the deal was also a gateway into the fast-growing Indo-Pacific region and would boost the UK's bid to join the Trans-Pacific Partnership, one of the largest free trade areas in the world.
Australia has also praised the deal, its second-largest trade contract with another country.
Good Glamm Names Reckitt's Sukhleen Aneja CEO for Beauty and FMCG Brands
Good Glamm Group, India's first beauty and personal care unicorn with a $1.2 billion valuation appointed Sukhleen Aneja as the CEO to head the Brands business. The move would help to step-change its growth ambition on creating Digital first House of Brands leveraging content to commerce as its moat.
In her new role Aneja, a former executive at consumer goods giant Reckitt, will be responsible for creating a strategic road map for leading digital-first brands at the Good Glamm Group. This includes integrating and scaling the recent acquisitions and leveraging the unique digital ecosystem including content, creator and communities for creating India's largest content to commerce powerhouse.
UP Assembly Passes Supplementary Budget for FY22
The Uttar Pradesh Assembly passed the second supplementary budget of Rs. 8,479.53 crore for the ongoing fiscal by voice vote.
The Opposition parties raised an objection regarding the supplementary budget, terming it as irrelevant.
The Assembly also approved a proposal for expenditure of Rs. 1,68,903.23 crore through 'Vote on Account' for the first four months of the next financial year. The supplementary budget and Vote on Account were presented in the Assembly by state Finance Minister Suresh Khanna.
Anurag Thakur Inaugurates Khelo India Women's Hockey League Under 21
Union Minister of Youth Affairs and Sports Anurag Thakur inaugurated the first-ever national level Khelo India Women's Hockey League (Under 21) at the Major Dhyan Chand National Stadium in New Delhi. Sports Minister was joined by Minister of State for Youth Affairs and Sports Nishith Pramanik and the Indian Olympic Association President Narendra Batra and other dignitaries. The league held a cash prize of Rs. 30 lakh for the winners, 15 lakh from MYAS and 15 lakh from Hockey India.
A total of 14 teams competed in the first phase of the tournament. As many as 42 matches were played during the first phase, while the second and third phases will be held early next year.
India Lose Seat on FIA World Motor Sport Council
India lost its seat on the FIA's all powerful World Motor Sport Council (WMSC) for the first time in more than three decades.
Incumbent Gautam Singhania lost in the elections held for 14 WMSC seats reserved for titular members. The development came on the day when Mohammed Ben Sulayem replaced Jean Todt as the next FIA president.
The WMSC members also include the president, deputy president and seven vice-presidents.
Union Cabinet Clears Proposal to Raise Marriage Age of Women
The Union Cabinet on approved the proposal to increase the age of marriage for women from 18 to 21 years. This came a year after Prime Minister Narendra Modi made the announcement during his Independence Day address from Red Fort in August 2020.
At present, the minimum age of marriage for men is 21 and for women is 18. Now, the government will bring amendments to the Prohibition of Child Marriage Act, Special Marriage Act and Hindu Marriage Act to give the new proposal a shape.
The proposal was recommended by the task force headed by Jaya Jaitley in Niti Aayog.
The task force was constituted in June 2020 and gave its report in December the same year. The task force had said that the minimum age of women at the time of giving birth to their first child should be 21.
India to Host Central Asian Foreign Ministers
India will host a meeting of Central Asian Foreign Ministers from December 18 to 20.
The third meeting of the India-Central Asia Dialogue has an added significance because External Affairs Minister S. Jaishankar is expected to discuss the invitation to their heads of government for attending the next year's Republic Day celebrations.
The ministers are expected to discuss further strengthening of relations with particular focus on trade, connectivity and development cooperation as also exchange views on regional and international issues of mutual interest.
Mohit Jain is Indian Newspaper Society President
Mohit Jain of The Economic Times was elected as president of the Indian Newspaper Society (INS) at its 82nd Annual General Meeting (AGM).
He succeeded Lakshmipathy Adimoolam of Health & The Antiseptic.
K. Raja Prasad Reddy (Sakshi) is the Deputy President, Rakesh Sharma (Aaj Samaj) is the Vice President and Tanmay Maheshwari (Amar Ujala) is the Honorary Treasurer of the Society for 2021-22. Mary Paul is the Secretary-General.
Ashok Leyland Signs Pact with DRDO Arms to Develop Combat Vehicles Engines
Ashok Leyland, the largest supplier of Mobility Solutions to the Indian Army, has partnered with Combat Vehicles Research and Development Establishment (CVRDE), an establishment of DRDO, to develop and manufacture 600hp indigenous engine to power futuristic combat vehicles.
As the development-cum-production partner, Ashok Leyland has developed the engine in a record time despite the total lockdown due to Covid-19.
The 600-HP engine will undergo rigorous testing in lab and will be qualified for application in tanks. Ashok Leyland will undertake series production of the engine post induction into service.
HAL Bags ADE-DRDO Supply Order for 'ABHYAS' Target Platform
Hindustan Aeronautics Limited secured an order for manufacturing, assembly, integration, testing and supply of High Speed Expendable Aerial Target (HEAT) System, known as 'ABHYAS', from Aeronautical Development Establishment (ADE), DRDO. Post successful completion of this initial order, HAL would be identified as Development-cum-Production Partner (DcPP) for supply of this target system along with a private firm (50 per cent of the volume).
The platform is estimated to have large requirement from the tri-services, and DRDO laboratories for evaluation trials of missile programmes.
ABHYAS was first successfully flight-tested in May 2019 and subsequent evaluation trials are being conducted by ADE, DRDO.
Veteran Congress leader and former Union Minister R.L. Jalappa passed away. He was 96.
Mr. Jalappa was elected to the Lok Sabha from Chickballapur constituency on the Janata Dal ticket in 1996 and became the Union Minister for Textiles in the governments headed by former Prime Minister H.D. Deve Gowda and I.K. Gujral. He later joined the Congress and was re-elected from the same constituency in 1998, 1999, and 2004. He served as member of several parliamentary committees.
Mr. Jalappa was in the Congress till 1979. He quit the party to form the Karnataka Kranti Ranga with the former Chief Minister D. Devaraj Urs and was recognised as a prominent OBC leader. In 1980, the party merged with the Janata Party. He again joined the Congress in 1998.
Goa Liberation Day is observed on December 19 every year in India and it marks the day Indian armed forces freed Goa in 1961 following 450 years of Portuguese rule. The Portuguese colonised several parts of India in 1510 but by the end of the 19th-century Portuguese colonies in India were limited to Goa, Daman, Diu, Dadra, Nagar Haveli and Anjediva Island. The Goa liberation movement, which sought to end Portuguese colonial rule in Goa, started off with small scale revolts.
On August 15, 1947, when India gained its Independence, Goa was still under the Portuguese rule. The Portuguese refused to give up their hold over Goa and other Indian territories. Following a myriad of unsuccessful negotiations and diplomatic efforts with the Portuguese, the former Prime Minister of India, Jawaharlal Nehru, decided that military intervention was the only option. The 36-hour military operation, conducted from December 18, 1961, was code-named 'Operation Vijay' meaning 'Operation Victory,' and involved attacks by the Indian Navy, Indian Air Force and Indian Army.
Indian troops reclaimed the Goan territory on December 19 with little resistance and the deposed governor general Manuel António Vassalo e Silva signed the certificate of surrender thus bringing Portuguese rule in the region to an end. This made India completely free from foreign rule.
Parliament passed the Surrogacy (Regulation) Bill, 2019, with Lok Sabha passing it with voice vote amid a protest by opposition members demanding the removal of Ajay Mishra as Union Minister in connection with the Lakhimpur Kheri violence. Last week, Rajya Sabha passed the bill after amendments, and returned it to Lok Sabha.
The bill aims to constitute a National Surrogacy Board and state surrogacy boards, and appoint appropriate authorities for regulation of the practice and process of surrogacy.
Haryana Launches 'Khel Nursery Scheme'
Haryana government started 'Khel Nursery Scheme 2022-23' to promote sports in the state, under which sports nurseries would be started in government, private educational institutions and private sports institutions.
For this, applications have been invited by the department till January 20, 2022. He said with this scheme, sports talent would get an opportunity to emerge at the grassroots level. Under the scheme, sports nurseries are being opened for the sports included in the Olympic, Asian and Commonwealth Games.
In the year 2021 we saw several words getting added to our vocabulary. However, as per the five leading dictionaries, the five words that stood out the most were; vax, vaccine, perseverance, NFT, and allyship.
'Vax' was chosen as the word of the year by the Oxford due to the sheer amount of times that it was used.
The word 'vaccine' was chosen as the word of the year by Merriam Webster.
The word 'NFT', an abbreviation for 'non-fungible token', was chosen by the Collins dictionary as the word of the year for 2021.
The Cambridge dictionary chose the word 'perseverance' as the word of the year 2021.
The word 'allyship' was chosen as the word of the year for 2021 by Dictionary.com amongst various shortlisted words.
Paytm, which got listed in bourses last month, launch Paytm Wealth Academy, a tech-powered educational platform. The launch of the wealth academy is initially on the Paytm Money app, the wealth management app owned by Paytm's wholly-owned subsidiary Paytm Money. Paytm Wealth Academy will initially be available to select users, followed by a complete rollout.
The Paytm Wealth Academy will allow users to learn trading and financial concepts at their own pace at their level of comfort. The platform offers a wide catalogue of courses and webinars along with personalized recommendations for users, curated to complement their existing knowledge.
Paytm Wealth Academy is an educational platform designed to make financial learning intuitive and self-driven. For the first time, highly customizable courses are being offered, allowing users to start their learning journey from any stage. This will allow new traders to establish a ground-up understanding of financial concepts and also encourage experienced traders to stay updated with advanced trading strategies.
Book 'Rewinding of First 25 years of Ministry of Electronics and Information Technology' by S. S. Oberoi
The book titled 'Rewinding of First 25 years of Ministry of Electronics and Information Technology' authored by S. S. Oberoi, the former adviser at the Ministry of Electronics and Information Technology (MeitY) was launched by Ajay Prakash Sawhney, Secretary of MeitY. The book consists of life experience, challenges working as an advisor under the MeitY. He was the first head of the Software Development Agency and the first adviser of Information Technology.