Politics


1.Nation Celebrates 69th Republic Day

The Country celebrates its 69th Republic Day on 26th January in Rajpath, New Delhi to be resplendently displaying the country's pride and glory. Heads of ten ASEAN countries are chief guests at Republic Day. The family members of Corporal Jyoti Prakash Nirala (Posthumous) of the Indian Air Force (IAF), who died fighting militants in Kashmir valley, received India’s highest peacetime gallantry award, Ashok Chakra. 

 

2.Padma Awards 2018 Announced

The President has approved the awards for 85 individuals, which includes 3 Padma Vibhushan, 9 Padma Bhushan and 73 Padma Shri.

In sports personalities, former India cricket captain Mahendra Singh Dhoni and multiple world champion cueist. Pankaj Advani have been conferred with the third-highest civilian award, Padma Bhushan.

The 2017 World Weightlifting Champion Saikhom Mirabai Chanu and former Asian Games gold medallist tennis player Somdev Devvarman have been conferred with the Padma Shri. The awards are announced on the eve of the Republic Day every year.

 

3.Punjab CM Launches Benefits under 'Mahatma Gandhi Sarbat Vikas Yojana'

Punjab chief minister Amarinder Singh launched the release of benefits under 'Mahatma Gandhi Sarbat Vikas Yojana' (MGSVY) aimed at the inclusive growth of the distressed sections of the society. He appealed to the state's debt-ridden farmers not to commit suicide since his government was committed to the total implementation of its farm debt waiver scheme by November 2018.

 

4.Kolkata Becomes 1st Indian Metro to get a Floating Market

Kolkata has become the first Indian Metro to get a Floating Market. The market will be located on a water-body with boats doubling up as shops. The market, located on the eastern fringes of the city, was inaugurated by. West Bengal Chief Minister Mamata Banerjee. The aim is to rehabilitate over 200 shopkeepers from a nearby market that was demolished for the widening of the Eastern Metropolitan Bypass. The market will host at least 114 boats, each one accommodating two shops.

 

5.India, Vietnam Release First-Ever Commemorative Stamps

 

India and Vietnam released first ever set of commemorative postage stamps to mark the long-term friendly bilateral relationships between the two countries. The stamp was released by AN Nanda, Secretary, Department of Posts. The two set of stamps released carry picture of Sanchi Stupa and Thien Mu Pagoda.

Vietnam Capital- Hanoi, Currency- Vietnamese dong.

 

6.Veteran Bengali Actress Supriya Devi Passes Away

 

Veteran Bengali film actress and Padmashri awardee, Supriya Devi, passed away in Kolkata, following a severe cardiac arrest. She was 83.

Supriya Devi made her debut in the Uttam Kumar-starrer Basu Parivar in 1952. She was also awarded the Banga Vibushan - the highest-ever civilian award given by the Bengal Government, and a Life Time Achievement Award by Filmfare during their eastern India version of the award show.

 


Business


1.Usha Ananthasubramanian Becomes 1st Woman IBA Chief

 

Usha Ananthasubramanian, MD and CEO, Allahabad Bank, has been elected the first woman chairman of Indian Banks’ Association (IBA). Usha was elected IBA Chairman for the year 2017-18 by its Managing Committee. IBA Chairman’s position fell vacant following the superannuation of Jatinder Bir Singh. Rajnish Kumar, Chairman, State Bank of India, was elected Deputy Chairman of IBA for the year 2017-18.

 

2.Small Finance and Payments Banks to Offer Atal Pension Yojana

The Ministry of Finance has announced that "Payments Banks and Small Finance Banks" will offer social security scheme Atal Pension Yojana (APY) to their subscribers. It was done to strengthen the existing channels of APY distribution. According to the Ministry, currently, there are 11 Payments Banks and 10 Small Finance Banks that have received the license from the Reserve Bank of India (RBI) to start their operations.

 About Atal Pension Yojana (APY) in brief-

The APY was launched by Prime Minister Narendra Modi on May 9, 2015. It is the first ever guaranteed pension product, open to all citizens between the ages of 18 and 40 years. It provides a minimum guaranteed pension of Rs1,000 to Rs5,000 per month, after the age of 60 years, depending on the monthly contribution made by a subscriber.