Current Affairs Headlines - 02 January 2019

Current Affairs Headlines - 02 January 2019 - Fifteen useful headlines - for all examinations

CA - 15 HEADLINES

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News followed by its category

1. Following a demand from the government for a debt recast package for micro, small and medium enterprises (MSMEs), the Reserve Bank of India (RBI) has relaxed the provisioning norms for lenders for restructuring loans of up to Rs.25 crore. (Indian Economy)
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2. Life Insurance Corporation of India MD Hemant Bhargava has been given the additional charge of the chairman after V.K. Sharma retired. Mr. Bhargava took charge as MD in February 2017. (People and Personalities)
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3. The government’s collections from the Goods and Services Tax (GST) declined for the second month in a row to Rs.94,726 crore in December. Collections declined from the Rs.97,637 crore in November, which was itself lower than the Rs.1,00,710 crore collected in October.(Indian Economy / Governance and Institutions)
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4. The total gross GST revenue collected in the month of December 2018 is Rs.94,726 crore of which CGST is Rs.16,442 crore, SGST is Rs.22,459 crore, IGST is Rs.47,936 crore… and cess is Rs.7,888 crore.(Indian Economy)
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5. India and Pakistan exchange a list of their nuclear installations, details of civilian prisoners and fishermen lodged in each other’s jails.(Regional Politics / Social Issues)
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6. The United States and Israel officially quit the UNESCO with the close of 2018, the culmination of a process triggered more than a year ago amid concerns that the organization fosters anti-Israel bias. This is another example of attack on multilateralism by Trump's administration.(United Nations / World Politics)
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7. Maruti Suzuki sold more than 1.19 lakh passenger vehicles (PVs) in the domestic market in December 2018, an increase of 1% from the over 1.18 lakh units sold in the year-ago month.(Indian Economy)
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8. The International Advertising Association (IAA) will host the IAA World Congress at Kochi from February 20-22. The event, covering marketing, advertising and media, would be held at the Grand Hyatt Lulu International Convention Centre in that city. (Art Culture Literature)
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9. The Uttar Pradesh government has introduced a “gau kalyan” (cow welfare) cess—a 0.5% additional levy on excise items, which could include alcohol apart from toll tax, as well as several public sector infrastructure companies – to fund construction and maintenance of cow shelters across the state. (Reigion / Social Issues)
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10. Flipkart founder Sachin Bansal has deposited Rs. 699 crore as advance tax for the first quarter of 2018-19, which includes capital gains tax from his income on sale of Flipkart stake to US retail giant Walmart. (People and Personalities)
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11. Prime Minister Narendra Modi said that the issue of favouring punishment for those practising triple talaq and opposing entry of women of a particular age into the Sabrimala shrine are two different things. The first one is related to gender equality and later to tradition. (Constitution and Law / Religion)
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12. The RSS termed PM Modi’s views on construction of Ram Temple in Ayodhya as a positive step towards the long-pending desire of Hindus but reiterated that the law for its construction should be brought in the current tenure of the BJP-led regime. (Constitution and Law / Religion)
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13. Actor-writer Kader Khan, who made his debut in ‘Daag’ (1973), dies at 81 in Toronto. Kader Khan was a true symbol of everything that is syncretic in the subcontinent - he was an Afghan born Indian-Canadian! (People and Personalities)
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14. Google is working towards bringing group calling feature as well as a new low light mode on its popular video chat mobile app Duo. (Science and Technology)
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15. Actor Prakash Raj to join politics, to contest Lok Sabha election as an independent candidate. He has been on the active radar of right wing organisations in India for calling out bigotry and violence.  (People and Personalities)
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