Current Affairs of 4 January


Arunima Sinha
Arunima Sinha
Arunima Sinha - Arunima Sinha, the Indian mountaineer who became the world’s first woman amputee to climb Mount Everest in 2013, has now become the first woman amputee to climb Mount Vinson, highest peak of Antarctica. Arunima Sinha planned to scale six peaks in six continents. A Padmashri awardee, Sinha had earlier scaled five peaks including Mt Everest, Mt Kilimanjaro, Mt Ebrus, Mt Kosciuszko and Mt Aconcagua.

Nancy Pelosi
Nancy Pelosi
Nancy Pelosi - In US, Veteran Democratic leader Nancy Pelosi, considered an ardent supporter of India-US ties, has been elected as Speaker of the House of Representatives for the second time, thus becoming the most powerful elected woman in America.

Yutu-2 Lunar Rover
Yutu-2 Lunar Rover
Yutu-2 Lunar Rover - China has named the lunar rover, successfully deployed to carry out a string of experiments on the far side of the moon, as ‘Yutu-2’. Yutu-2 touched the lunar surface on 3 January. The rover’s touchdown is part of China Chang’e-4 lunar probe.

China Developed ‘Mother of All Bombs’
Mother of All Bombs
China Developed ‘Mother of All Bombs’ - China has developed a massive bomb, said to be the country’s answer to the US-built ‘Mother of All Bombs’, the most powerful non-nuclear weapon. China’s defence industry giant NORINCO for the first time showcased the aerial bomb. The bomb was airdropped by an H-6K bomber and caused a gigantic explosion.

Miners Trapped in Meghalaya
Meghalaya
Miners Trapped in Meghalaya - National Green Tribunal imposed a fine of whopping Rs 100 crore on the Meghalaya government for failing to curb illegal coal mining in the state. At least 15 miners are trapped in the 370 foot-deep illegal coal mine in Lumthari village of East Jaintia Hills district of Meghalaya since December 13 and all efforts to pump the water out of flooded mine have been in vain. Supreme Court also had expressed strong dissatisfaction over the rescue efforts to trace the miners and had asked the state government to bring them out dead or alive.

HDFC Mutual Fund
HDFC Mutual Fund
HDFC Mutual Fund - HDFC Mutual Fund has pipped ICICI Prudential MF to become the country's largest asset management company As of December-end. HDFC MF manages assets to the tune of Rs 3.35 lakh crore, while those of ICICI Prudential MF stood at Rs 3.08 lakh crore, as per the latest data available with Association of Mutual funds in India (Amfi).

SEBI Norms For Commodity Market
SEBI
SEBI Norms For Commodity Market - Securities and Exchange Board of India (SEBI) has allowed custodial services in the commodity derivatives market. The move is aimed at enabling the participation of institutional investors such as mutual funds and portfolio managers in the commodity derivatives market. Under the new framework, existing custodians will be permitted to add commodities as an asset class and provide physical delivery of both the securities and commodities.

Committee For Lokpal Selection
Lokpal Bill
Committee For Lokpal Selection - The government informed the Supreme Court  that a eight-member search committee has been constituted in September 2018 for zeroing in on eligible candidates for Lokpal and the anti-corruption authority will frame its own rules of functioning. The panel is led by former Supreme Court judge, Justice Ranjana Prakash Desai.

Data Leak in Germany
Data Leak in Germany
Data Leak in Germany - Personal data and documents on hundreds of German politicians and others have been posted online, and the German government said authorities were examining how the information was obtained. Politicians at all levels, including the European, German and State parliaments as well as at municipal level, appeared to have been affected.

NHAI Plans To Raise Rs 10,000 Cr
NHAI
NHAI Plans To Raise Rs 10,000 Cr - The National Highways Authority of India (NHAI) plans to raise Rs. 10,000 crore through Bharatmala Taxable Bonds in the current fiscal. Highways Minister Nitin Gadkari said as per the internal and extra budgetary resources approved for 2018-19 by the government, Rs. 62,000 crore is to be raised by NHAI through various sources including Bharatmala bonds.

iPhone Sale Banned in Germany
iPhone
iPhone Sale Banned in Germany - US chipmaker Qualcomm Inc took steps to enforce a court order banning the sale of some iPhone models in Germany following a patent dispute, a move that will likely see Apple Inc pull those models from its German stores. The German case is Qualcomm’s third major effort to secure a ban on Apple’s lucrative iPhones over patent infringement allegations after similar moves in the United States and China.

Interest Subsidy Scheme For Exporter
Interest Subsidy Scheme
Interest Subsidy Scheme For Exporter - The Cabinet Committee on Economic Affairs (CCEA) decided to extend a 3% interest subsidy for hundreds of items produced by labour-intensive sectors like agriculture, textiles and leather that also make up for a sizeable chunk of MSMEs. The proposal will entail benefits of around Rs 600 crore to exporters on interest equalisation for the remaining period of the scheme.

Asia Reassurance Initiative Act
Asia Reassurance Initiative Act
Asia Reassurance Initiative Act - U.S. President Donald Trump signed into law the Asia Reassurance Initiative Act (ARIA), which passed the U.S. Senate earlier in December. Act establishes a multifaceted U.S. strategy to increase U.S. security, economic interests, and values in the Indo-Pacific region. Specifically, the ARIA will authorize $1.5 billion in spending for a range of U.S. programs in East and Southeast Asia and develop a long-term strategic vision.

Dibyendu Palit
Dibyendu Palit
Dibyendu Palit - Renowned Bengali writer and Sahitya Akademi awardee Dibyendu Palit passes away due to age-related ailments. Palit was conferred the Sahitya Akademi for his novel ‘Anubhab’ in 1998.

World Braille Day
World Braille Day
World Braille Day - The world Braille Day is being celebrated on 4 January. The day is marked remembering the birth anniversary of Louis Braille, the inventor of Braille - for the people with visual disabilities. United Nations observes the first official World Braille Day for raising awareness on the importance of Braille.