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1 Koneru Humpy becomes Women's World Rapid Chess Champion

Indian grandmaster Koneru Humpy has become the 2019 Women's World Rapid Champion. She defeated China's Lei Tingjie in a dramatic final in Moscow, Russia. After losing the opening game, Humpy made an impressive comeback and collected nine points each in 12 rounds to be tied with Tingjie. The duo then played a fierce game to break the deadlock. Tingjie finished with a silver, while Turkey's Ekaterina Atalik won bronze.

This is a significant triumph for Humpy who is India’s best-ever women’s chess player. She is more at ease in the classical format and was clearly trying to take her skills in the rapid format to a new level. Norway's Magnus Carlsen claimed the men's title.

30-Dec-2019 News in Details
2 Report all exposures above Rs 5 crore: RBI directs large co-op banks

The Reserve Bank on Friday directed large cooperative banks to report all exposures of Rs 5 crore and more to the Central Repository of Information on Large Credits (CRILC), a move aimed at early recognition of financial distress.

The Reserve Bank has created a CRILC of commercial banks, all India financial institutions and certain non-banking financial companies with multiple objectives, which, among others, include strengthening offsite supervision and early recognition of financial distress.

28-Dec-2019 News in Details
3 Allahabad Bank, UCO Bank, IOB get Rs 8,655 cr fund infusion

New Delhi, Dec 27 (IANS) Three loss making PSU Banks -- Allahabad Bank, Indian Overseas Bank and UCO Bank - have got Rs 8,655 crore fresh capital infusion from the government.

The Finance Ministry has approved infusing fresh capital amounting to Rs 2,153 crore in the Allahabad Bank, Rs 2,142 crore in the UCO Bank and Rs 4,360 crore in the Indian Overseas Bank via preferential allotment of shares.

UCO Bank posted a loss of Rs 892 crore in Q2, Allahabad Bank a loss of Rs 2,103 crore and Indian Overseas Bank posted Rs 2,254 crore loss in July-September quarter.

All these banks, except the Allahabad Bank, are currently under the Reserve Bank of India's prompt corrective action (PCA) framework and they need to have net NPA below six per cent to get out of PCA which is a key criterion.

These banks filed separate regulatory filings on their capital infusion.
28-Dec-2019 News in Details
4 India, Japan vow to deepen maritime ties, hold consultation on disarmament

India and Japan have vowed to deepen maritime cooperation and also held consultations on disarmament, non-proliferation and export control.

The 5th Round of India-Japan Maritime Affairs Dialogue was held in Tokyo on Tuesday with the Indian delegation led by Indra Mani Pandey, Additional Secretary (Disarmament and International Security Affairs), Ministry of External Affairs, while Japanese delegation was led by Ambassador Yamanaka A Osamu, Deputy Assistant Minister, Deputy Director-General in Foreign Policy Bureau.

28-Dec-2019 News in Details
5 Allee Willis: Friends theme songwriter dies at 72

Allee Willis, a Grammy-winning and Emmy-nominated songwriter who helped compose the theme song for the sitcom Friends, has died aged 72.

I'll Be There for You, the single she co-wrote for the Rembrandts, became one of the most recognised television theme songs of all time.

Willis also co-wrote the Earth, Wind & Fire hits September and Boogie Wonderland and, last year, was inducted into the Songwriters Hall of Fame.

The cause of death was cardiac arrest.

Born and raised in Detroit, home of the legendary record label Motown, Willis would visit the studios every weekend growing up, she told the New York Times last year. "You could hear through the walls, which is how I became a songwriter," she said.

28-Dec-2019 News in Details
6 Nirmala Sitharaman Releases Postage Stamp To Commemorate Contribution Of DRI

Finance Minister Nirmala Sitharaman released a postage stamp here on Thursday to commemorate the distinguished service and glorious contribution by the Directorate of Revenue Intelligence (DRI) in protecting the nation, the Finance Ministry said.

Speaking on the occasion, Sitharaman congratulated the DRI on the excellent performance of its officers and remarked that the apex intelligence agency continues to play an immense role in countering smuggling as well as in preserving the cultural heritage and environment of the country. She stressed on the critical need for training the officers of DRI in using technology and data analytics to be able to inspire the confidence of its citizens and deter smugglers.

The finance minister congratulated all officers and staff of DRI on their commitment to duty and determined and collaborative efforts to counter smuggling activities in the country.

28-Dec-2019 News in Details
7 Colours of the Mountain’ author Da Chen dies at 57

Da Chen, the brilliant storyteller who drew from the hardships he suffered as a persecuted child growing up in the midst of China’s cultural revolution to create the critically acclaimed memoir Colours of the Mountain, has died at age 57.

Chen died of lung cancer on December 17, his wife, Dr. Sun-Ling Chen, told The Associated Press on Tuesday from the family’s home in Temecula, California.

His most recent book, Girl Under a Red Moon, was published just three months ago.

28-Dec-2019 News in Details
8 Indian Railways starts special see-through Vistadome train on Kalka-Shimla route

In a Christmas gift for its passengers, Indian Railways today unveiled Him Darshan Express comprising all-new Vistadome coaches from Kalka railway station to Shimla. This special train will commute between the Kalka and Shimla station for the next one year till December 24, 2020.

Commuters travelling in Him Darshan Express will enjoy the beautiful scenic view of the Himalayas as the train will have swanky Vistadome AC coaches with glass roof. Modified in carriage and wagon depot at Kalka, this is a first-of-its-kind train on the Kalka-Shimla route. The train will have seven coaches including one first-class sitting cum luggage room coach (FCZLR) and six first class AC Vistadom coaches.

28-Dec-2019 News in Details
9 HRD Minister launches five documents developed by UGC

HRDMinistryHuman Resource Development Minister Ramesh Pokhriyal Nishank launched the five documents developed by University Grants Commission, UGC covering the 5 verticals of Quality Mandate in New Delhi today.

These five documents cover evaluation reforms, eco-friendly and sustainable university campuses, human values and professional ethics, faculty induction and academic research integrity.

Speaking on the occasion, Mr Nishank said that to improve the quality in Higher Educational Institutions, UGC has adopted the Higher Education Quality Improvement Programme Mandate. He said, the quality mandate aims at evolving higher education system to equip country’s next-generation with vital skills, knowledge and ethics for leading a rewarding life.

Mr Nishank said, student evaluation plays a crucial role in improving the quality of Higher Education in the country. He said, in order to make student assessment more meaningful, effective and linked to Learning Outcomes, the report ‘Evaluation Reforms in Higher Educational Institutions in India’ is very timely and beneficial for HEIs.

28-Dec-2019 News in Details
10 Health Minister inaugurates second edition of Eat Right Mela in New Delhi

Health Minister Dr Harsh Vardhan has said, the right kind of diet will help to reduce the disease burden in the country.

Inaugurating the second edition of Eat Right Mela in New Delhi, the Minister said, healthy eating should become a people's movement.

He stressed upon the importance of having a people's movement, encouraging people to have healthier diets which will help in reduction of the disease burden in the country.

Dr. Harsh Vardhan stated that the Eat Right Mela is a commendable effort and outreach activity for citizens to nudge them towards eating right.

He also highlighted that on one hand, India is suffering from under-nourishment and on the other side, there is obesity due to the result of junk food, wrong choices of food, overeating and lack of exercise.

28-Dec-2019 News in Details