1. RBI likely to raise repo rate by 0.25 per cent to tame inflation. Wholesale Price Index inflation in November climbed to a 14-month high of 7.52 per cent as prices of food items such as onions and potatoes surged. Consumer price inflation touched a nine-month high of 11.24 per cent last month. Factory output shrank 1.8 per cent in October, the first contraction in the Index of Industrial Production ( IIP) in four months.
2. India today retaliated strongly to the arrest of its Deputy Consul General in New York by initiating series of steps to strip US diplomats and their families of privileges including withdrawing all airport passes and stopping import clearances for the embassy.
Slew of measures taken by India in response to Indian diplomat Devyani Kobragade’s arrest in New York:
The government has asked all Consulate personnel and their families to turn in their ID cards immediately.
The government has also sought key information such as salaries paid to all Indian staff employed at the consulates and by Consulate officers and families including as domestic helps.
It has asked the US to provide it with visa information and other details of all teachers at US schools and pay and bank accounts of Indians in these schools.
Apart from these measures, Government has stopped all import clearances for the US embassy including for liquor.
Also, the traffic barricades near the US embassy on Nyaya Marg here will be lifted except the picket.
3. Angela Merkel sworn in as German chancellor for 3rd time. Merkel was elected to a third term as chancellor in a vote in the German lower house of parliament, paving the way for her new grand coalition government to be sworn in and formally take power later in the day. The new government faces a host of challenges, from bedding down European reforms aimed at shielding the bloc from future crises, to seeing through Merkel's costly switch from nuclear to renewable energy.
4. Lieuenant Governor Najeeb Jung has recommended the imposition of President's rule in Delhi in the absence of any party staking claim to form a government.
5. Union Minister of Road Transport and Highways Oscar Fernandes has been given additional charge of the Ministry of Labour and Employment, following the passing away of Sis Ram Ola, a release from the President’s Secretariat said. Earlier, President Pranab Mukherjee condoled the passing away of Ola, a veteran Congress leader from Rajasthan.
6. Mumbai University, on Monday launched a book titled ‘Nirbhaya: Ek Atmachintan’ to mark a year since the brutal gangrape of a Delhi paramedic student. The book is a compilation of thoughts and inputs on issues related to women's empowerment along with issues related to their safety. Notable writers and thinkers have contributed for this book.
7. Prime Minister Dr Manmohan Singh today released a postage stamp of former Chief Minister of Punjab ,Sardar Beant Singh. After releasing the stamp in New Delhi, Dr Singh said, it is a small token of gratitude to a great leader who is best remembered for providing strong and determined leadership to Punjab in very troubled times.
8. Over 2,200 J&K youth getting trained under ‘Project Udaan’. Over 2,200 youth from Jammu and Kashmir (J&K) are getting trained by 29 corporates across the country, thanks to Project Udaan. The project, an initiative of the Prime Minister, the National Skills Development Corporation and the Ministry of Home Affairs and industry, was started with the aim of providing skills to 40,000 youth over a period of five years, according to an NSDC release.
9. The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved implementation of various schemes related to agriculture, including continuation of Rashtriya Krishi Vikas Yojana (RKVY), in the 12th Plan with a combined outlay of over Rs 80,000 crore. The RKVY is a State plan scheme that provides 'considerable flexibility' and autonomy to states in planning and executing programmes for incentivising investment in agriculture and allied sectors. The CCEA has also approved the implementation of the central sector integrated scheme on agricultural cooperation with an outlay of Rs 920.088 crore during the 12th plan period (2012-13 to 2016-17).
10. French auto firm Renault SA on Monday signed a deal to build a joint-venture plant costing 7.76 billion yuan ($1.28 billion) to produce cars in the central Chinese province of Hubei. Renault agreed to build the 50:50 joint-venture plant with the Dongfeng Motor Group Co, which is based in the provincial capital of Wuhan, the French company said.
11. The Competition Commission of India (CCI) on Monday approved American retail giant Walmart Stores Inc's proposal to acquire Bharti Group's nearly 50 per cent stake in their Indian wholesale stores joint venture. Walmart and Bharti Group had created the joint venture in 2007, called Bharti Walmart Private Limited, to operate wholesale stores.
12. Teen sensation Mahesh Mangaonkar became the first Indian squash player to win the IMET Open, in the Slovakian capital of Bratislava. The 19-year-old World No.98 from Mumbai downed defending champion Greg Lobban, the No.2 seed from Scotland 7-11 11-8 11-4 6-11 11-7 to take the title.
13. Australia have the Ashes for the first time in seven years after sealing a deserved 150-run win in Perth to take an impregnable 3-0 lead in the five-match series. England were all out for 353 on the final day at the WACA Ground to hand the home side an unbeatable 3-0 lead in the five-match series.
14. The first high altitude cricket stadium in South India, will be inaugurated at Krishnagiri in Wynad district of Kerala this evening. The picturesque stadium, owned by the Kerala Cricket Association, is situated about 2800 feet above sea-level. Spread over 4.4 hectares, the stadium has been constructed at a cost of about 6.5 crore rupees.
2. India today retaliated strongly to the arrest of its Deputy Consul General in New York by initiating series of steps to strip US diplomats and their families of privileges including withdrawing all airport passes and stopping import clearances for the embassy.
Slew of measures taken by India in response to Indian diplomat Devyani Kobragade’s arrest in New York:
The government has asked all Consulate personnel and their families to turn in their ID cards immediately.
The government has also sought key information such as salaries paid to all Indian staff employed at the consulates and by Consulate officers and families including as domestic helps.
It has asked the US to provide it with visa information and other details of all teachers at US schools and pay and bank accounts of Indians in these schools.
Apart from these measures, Government has stopped all import clearances for the US embassy including for liquor.
Also, the traffic barricades near the US embassy on Nyaya Marg here will be lifted except the picket.
3. Angela Merkel sworn in as German chancellor for 3rd time. Merkel was elected to a third term as chancellor in a vote in the German lower house of parliament, paving the way for her new grand coalition government to be sworn in and formally take power later in the day. The new government faces a host of challenges, from bedding down European reforms aimed at shielding the bloc from future crises, to seeing through Merkel's costly switch from nuclear to renewable energy.
4. Lieuenant Governor Najeeb Jung has recommended the imposition of President's rule in Delhi in the absence of any party staking claim to form a government.
5. Union Minister of Road Transport and Highways Oscar Fernandes has been given additional charge of the Ministry of Labour and Employment, following the passing away of Sis Ram Ola, a release from the President’s Secretariat said. Earlier, President Pranab Mukherjee condoled the passing away of Ola, a veteran Congress leader from Rajasthan.
6. Mumbai University, on Monday launched a book titled ‘Nirbhaya: Ek Atmachintan’ to mark a year since the brutal gangrape of a Delhi paramedic student. The book is a compilation of thoughts and inputs on issues related to women's empowerment along with issues related to their safety. Notable writers and thinkers have contributed for this book.
7. Prime Minister Dr Manmohan Singh today released a postage stamp of former Chief Minister of Punjab ,Sardar Beant Singh. After releasing the stamp in New Delhi, Dr Singh said, it is a small token of gratitude to a great leader who is best remembered for providing strong and determined leadership to Punjab in very troubled times.
8. Over 2,200 J&K youth getting trained under ‘Project Udaan’. Over 2,200 youth from Jammu and Kashmir (J&K) are getting trained by 29 corporates across the country, thanks to Project Udaan. The project, an initiative of the Prime Minister, the National Skills Development Corporation and the Ministry of Home Affairs and industry, was started with the aim of providing skills to 40,000 youth over a period of five years, according to an NSDC release.
9. The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved implementation of various schemes related to agriculture, including continuation of Rashtriya Krishi Vikas Yojana (RKVY), in the 12th Plan with a combined outlay of over Rs 80,000 crore. The RKVY is a State plan scheme that provides 'considerable flexibility' and autonomy to states in planning and executing programmes for incentivising investment in agriculture and allied sectors. The CCEA has also approved the implementation of the central sector integrated scheme on agricultural cooperation with an outlay of Rs 920.088 crore during the 12th plan period (2012-13 to 2016-17).
10. French auto firm Renault SA on Monday signed a deal to build a joint-venture plant costing 7.76 billion yuan ($1.28 billion) to produce cars in the central Chinese province of Hubei. Renault agreed to build the 50:50 joint-venture plant with the Dongfeng Motor Group Co, which is based in the provincial capital of Wuhan, the French company said.
11. The Competition Commission of India (CCI) on Monday approved American retail giant Walmart Stores Inc's proposal to acquire Bharti Group's nearly 50 per cent stake in their Indian wholesale stores joint venture. Walmart and Bharti Group had created the joint venture in 2007, called Bharti Walmart Private Limited, to operate wholesale stores.
12. Teen sensation Mahesh Mangaonkar became the first Indian squash player to win the IMET Open, in the Slovakian capital of Bratislava. The 19-year-old World No.98 from Mumbai downed defending champion Greg Lobban, the No.2 seed from Scotland 7-11 11-8 11-4 6-11 11-7 to take the title.
13. Australia have the Ashes for the first time in seven years after sealing a deserved 150-run win in Perth to take an impregnable 3-0 lead in the five-match series. England were all out for 353 on the final day at the WACA Ground to hand the home side an unbeatable 3-0 lead in the five-match series.
14. The first high altitude cricket stadium in South India, will be inaugurated at Krishnagiri in Wynad district of Kerala this evening. The picturesque stadium, owned by the Kerala Cricket Association, is situated about 2800 feet above sea-level. Spread over 4.4 hectares, the stadium has been constructed at a cost of about 6.5 crore rupees.
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