Monday, 21 December 2015

Current Affairs December 21, 2015

Maharashtra reports highest ever farmer suicides in 2015

Chief Minister Devendra Fadnavis announced a Rs 10,512 crore package for Maharashtra’s farmers while refusing to declare complete loan waiver, Vishal Pawar, a farmer in Vidarbha’s Yavatmal district ended his life on Thursday.

  • Pawar left a suicide note addressed to the district’s guardian minister, Sanjay Rathod, in which he mentioned the burden of crop failure and expressed his last wish a loan waiver.
  • Around 2,590 farmers across Mahrashtra have committed suicide from January to October 2015 the highest number of suicides since 2001.

Govt to introduce Insolvency and Bankruptcy Bill

  • The government will introduce a comprehensive bankruptcy Bill in Parliament, a move that could allow faster unlocking of stressed corporate assets and boost creditors’ ability to recover debts.
  • The Bankruptcy Law Reforms Commission led by former law secretary TK Viswanathan has proposed ways to check the delaying tactics of corporate borrowers and help lenders to take management decisions in defaulting firms to trigger business recovery and in cases where it is not possible, liquidation.

BSNL cuts mobile call rates by 80 per cent for new customers

  • BSNL has slashed mobile rates by up to 80 per cent for the first two months under a scheme for new customers.
  • The call rates have been reduced both per minute and per second billing plan.
  • New customer buying BSNL connection will have to buy plan voucher of Rs 36 for per second plan.
  • Customers opting for Rs 37 scheme will be charged 10 paisa per minute.

United States lifts 40-year-old ban on oil export

  • The United States lifted a 40-year-old ban on export of oil, thus paving the way for energy deficient countries like India to open up another frontier to import oil from a distant friendly nation.
  • The ban was lifted as President Barack Obama signed into law the Omnibus USD 1.8 trillion spending package and tax bill for the current fiscal ending on September 30, 2016.
  • The move was welcomed by the industry, while pro- environmental groups were critical of it.

Mother Teresa to be made a saint after pope OKs miracle

  • Mother Teresa, the tiny, stooped nun who cared for the poorest of the poor in the slums of India and beyond, will be declared a saint next year after Pope Francis approved a miracle attributed to her intercession.
  • The Vatican set no date for the canonization, but it is widely believed that it will take place in the first week of September to coincide with the 19th anniversary of Mother Teresa’s death and during Francis’ Holy Year of Mercy.

BSE-listed companies spend $1 billion on CSR

  • More than 90 per cent of the 1,181 companies complied with CSR norm
  • Nearly 1,200 companies listed on the BSE together spent one billion dollars or Rs.6,400 crore towards corporate social responsibility activities in 2014-15, with majority of funds utilised for education, skills, health and sanitation sector, according to a report.
  • Under the new Companies Act, a certain class of profitable companies must spend every year at least 2 per cent of their average net profit over the preceding three years on CSR.
  • The norms, which are applicable on a 1,294 BSE-listed companies, came into effect starting April 2014.

Senate passes IMF reform in budget bill

  • The U.S. Senate  ratified reforms to boost the representation of emerging economies at the International Monetary Fund as part of a budget bill that will clear the way for new industrial powerhouses like China and India to have more clout at the international lender.
  • A sprawling budget deal to keep the U.S. government operating through next September contained a measure to put Brazil, China, India and Russia among the IMF’s top 10 shareholders and give emerging markets more influence at the global lender.
  • The legislation will now go to President Barack Obama.

ISL: Chennaiyin it is

  • A sea of humanity at the Jawaharlal Nehru Stadium in Fatorda was silenced in a matter of moments as Chennaiyin FC beat FC Goa 3-2 in the Indian Super League final.
  • With barely three minutes left Joffre Gonzalez scored off a free-kick in what seemed to be the winner (at 2-1), only for the visitors to hit back with two goals in a single minute to steal the title.
  • In perhaps a fitting finish, John Stiven Mendoza, the league’s top-scorer, after having earlier missed a penalty, scored the winner in the 90th minute.
Awards
  • Ms. Nita Ambani gives the trophy to the Chennaiyin FC team.
  • Golden boot award goes to John Stiven Mendoza of Chennaiyin FC.
  • Golden glove award goes to Chennaiyin FC goalkeeper Apoula Edima Edel Bete.
  • Emerging player award goes to Jeje of Chennaiyin FC.
  • Hero of the League award goes to John Stiven Mendoza of Chennaiyin FC.
  • Fairplay award goes to Mumbai City FC.
  • Player of the ISL 2015 goes to Iain Hume of Atletico de Kolkata.

Barcelona honoured with FIFA World Champions Badge for third time

  • Lionel Messi broke the deadlock and Luis Suarez scored twice in the second half to give Barcelona a typically emphatic 3-0 win over River Plate in the Club World Cup final.
  • South American champions River, whose side cost only around 5 million euros ($5.43 million) in transfer fees, did enough to worry the European champions for the first half hour but were never in the contest after falling behind.

Chris Gayle Becomes First Batsman to Smash 600 Sixes in Twenty20s

  • Chris Gayle smashed two massive sixes against Brisbane Heat in a Big Bash League Twenty20 game to become the first player to hit 600 sixes in the shortest format of the game.
  • Chris Gayle achieved a rare feat of becoming the first player to hit 600 sixes and 600 fours in Twenty20 cricket.
  • Playing for Melbourne Renegades, Gayle hit two humongous in a Big Bash League Twenty20 match against Brisbane Heat to achieve the landmark.
  • New Zealand’s Brendon McCullum is the third in the list with 605 fours.

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