NATIONAL NEWS
Power Ministry decides to make meters smart prepaid in 3 yrs from April 1
The government plans to make all electricity meters smart prepaid in three years in a bid to cut transmission and distribution losses. The Power Ministry has decided to make all meters smart prepaid in three years from April 1, 2019.
- This step is likely to bring revolution in power sector by way of reduction in Aggregate Technical & Commercial (AT&C) losses, better health of DISCOMs, incentivisation of energy conservation, ease of bill payments and doing away with the paper bills.
INTERNATIONAL NEWS
Italy's Mount Etna erupts
Italy’s Mount Etna, Europe’s highest and most active volcano erupted , sending a huge column of ash into the sky and causing the closure of Catania airport on Sicily’s eastern coast.
- The 3,330 meter high volcano can burst into spectacular action several times a year, spewing lava and ash high over the Mediterranean island. The last major eruption was in 1992.
- Extra info.:
Italy Capital: Rome
Currency: Euro
BUSINESS & ECONOMY
Investment through P-notes rises to Rs 79247 crore in November
Investments in the Indian capital market through participatory notes climbed to Rs 79,247 crore in November after hitting a nine-and-a-half year low at the end of preceding month.
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly.
- According to Securities and Exchange Board of India (SEBI) data, the total value of P-note investments in Indian markets- equity, debt, and derivatives rose to Rs 79,247 crore till November-end from Rs 66,587 crore at October-end.
SPORTS
American Shiffrin youngest woman to reach 50 World Cup wins
American Mikaela Shiffrin became the youngest woman to win 50 World Cup ski races with victory in the slalom in the French Alps recently. The 2014 Olympic champion, who led after the first run in Courchevel, finished 0.29sec ahead of Slovakia’s Petra Vlhova and 0.37sec ahead of Sweden’s Frida Hansdotter in third place.
- Sweden’s Ingemar Stenmark holds the record for both men and women with 86 career successes. Shiffrin’s fellow US racer Lindsey Vonn has the most female wins with 82 victories across all five alpine disciplines.
APPOINTMENTS
CA Kuttappa appointed India's new chief men's boxing coach
Dronacharya awardee C A Kuttappa has taken over as India's chief boxing coach. The 39-year-old Kuttappa, credited with shaping some of the country's most successful boxers such as Vijender Singh, M Suranjoy Singh and Shiva Thapa among others, took over from veteran coach S R Singh.
AWARDS
Mithali Raj honoured by Australian Diamonds retail partner Senco Gold & Diamonds
Mithali Raj, captain of the Indian women's cricket team and the official ambassador for Rio Tinto's Australian Diamonds programme, was honored with the Senco Gold & Diamonds, Swarna Samman award at a star-studded event held in Kolkata.
- Swarna Samman is an annual award by leading retail Jeweller Senco Gold & Diamonds to recognise outstanding achievers in the fields of art, culture and sports. This year Mithali Raj is honoured for her excellence and contribution to women's cricket in India.
Rafi Award Conferred To Laxmikant And Usha Timothy
The Mohammed Rafi Award, instituted by an NGO Spandan Arts headed by Mumbai BJP chief Ashish Shelar, was bestowed upon late music composer Laxmikant Shantaram Kudalkar and playback singer Usha Timothy.
- Kudalkar, of the Laxmikant-Pyarelal duo, was given the Mohammed Rafi Lifetime Achievement Award consisting of Rs 1 lakh and a trophy.
- Timothy was honoured with the Mohammed Rafi Award and Rs 51,000 at a programme held in suburban Bandra.
Sitarist Manju Mehta gets Tansen Samman
Noted sitar player Manju Mehta has been conferred with the 'Tansen Samman' for 2018 by the Madhya Pradesh government for her contribution in the field of music.
- Union minister Narendra Singh Tomar presented the award to Mehta, 74, at the inaugural ceremony of the Tansen Music Festival in Gwalior.
- Meanwhile, the 'Raja Mansingh Tomar Honour' was given to the Sankat Mochan Pratishthan in Varanasi for 2017 and the Natrang Pratishthan of New Delhi for 2018. The award is given to institutions for nurturing good music.
- The Tansen Music Festival is organised every year by the MP culture department in the memory of Tansen, one of the greatest artists in Indian history.
OBITUARIES
Padma Shri awardee Sulagitti Narasamma passes away at 98
Social worker and Padma Shri awardee Sulagitti Narasamma passed away in BengalurU. She was 98 years old. She was awarded multiple honours for performing the traditional deliveries during her 70 years of service. The social worker breathed her last at the BGS Hospitals in Bengaluru.
- In a life that was in all its sense dedicated to social service, Narasamma had helped deliver more than 15,000 babies, free of charge, in Krishnapura, a remote village in Pavagada Taluk in Karnataka.
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