Current Affairs of 7 January

Movie on Modi
Movie on Modi
Movie on Modi - Prime Minister Narendra Modi is set to get a biopic. Produced by Suresh Oberoi and Sandip Singh, the film titled PM Narendra Modi will star Bollywood actor Vivek Oberoi. Directed by Omung Kumar, the film will go on floors in the coming days.

Reservation For Economically Backward Classes
Economically Backward Classes
Reservation For Economically Backward Classes- The Union Cabinet approved a 10% reservation for ‘economically backward’ upper castes in government jobs for those belonging to the upper castes and earning less than Rs 8 lakh per year and possess less than 5 acres of land. A bill to amend Article 15 and 16 of the constitution will be moved in Parliament to this effect. The quota will be over and above the existing 50% reservation to Scheduled Castes, Scheduled Tribes and Other Backward Classes (OBC).

Constitution Validity of Reservation
Constitution Validity
Constitution Validity of Reservation - A proposed law may run into rough weather if challenged in the Supreme Court. A nine-judge Constitution Bench of the Supreme Court in the Indira Sawhney case of 1992 specifically held  that a backward class cannot be determined only and exclusively with reference to economic criterion. The Indira Sawhney judgment declared 50% quota as the maximum limit unless extraordinary situations arises. 

GDP Growth: 7.2% For 2018-19
GDP Growth
GDP Growth: 7.2% For 2018-19 - India’s GDP is expected to grow at 7.2 per cent in FY19 as against 6.7 per cent on-year, Central Statistics Office (CSO) data showed. Growth in the first and the second quarter of the current financial year have been estimated at 8.2 and 7.1 percent, respectively. 

Kevin Sweeney
Kevin Sweeney
Kevin Sweeney - Kevin Sweeney, the chief of staff of the US Department of Defence, has announced his resignation from the post. The move comes a month after the Defence Secretary Jim Mattis resigned in protest after Trump announced the withdrawal of U.S. troops from Syria. 

Golden Globe Awards
Golden Globe Awards
Golden Globe Awards - The 76th Annual Golden Globe Awards were announced in California, USA. While Green Book finished with three awards, Bohemian Rhapsody- the Queen biopic and Alfonso Cuaron’s Roma won two each.
Best Motion Picture Drama - Bohemian Rhapsody
Best Motion Picture Musical/Comedy - Green Book
Best Director in Motion Picture-Drama - Alfonso Cuaron (Roma)
Best Actress in Motion Picture-Drama - Glen Close (The Wife)
Best Actor in Motion Picture-Drama - Rami Malek (Bohemian Rhapsody)

Exhibitor of the Year Award
Exhibitor of the Year Award - The Defence Research and Development Organisation (DRDO) pavilion received ‘Exhibitor of the Year Award’ at 106th Indian Science Congress held at Lovely Professional University (LPU), Jalandhar, Punjab.

Chabahar Port
Chabahar Port
Chabahar Port - India has taken over operations of the strategic Chabahar port in the Sistan-Balochistan province of energy-rich Iran's southern coast. This is the first time India will be operating a port outside its territory. The heads of Indian, Iranian and Afghanistan delegation jointly inaugurated the office of the Indian SPV - India Ports Global Chabahar Free Zone (IPGCFZ) at Chabahar.

Taro Kono
Taro Kono
Taro Kono - External affairs minister Sushma Swaraj held a strategic dialogue with her Japanese counterpart Taro Kono. Both foreign minister attended 10th India-Japan foreign minister-level Strategic Dialogue. Swaraj also congratulated Kono for Japan's hosting of the G-20 Summit in Osaka in June 2019.

Polavaram Project
Polavaram Project
Polavaram Project - The Polavaram project in Andhra Pradesh entered the Guinness Book of World by pouring 32,100 cubic metres of concrete in 24 hours. The project had recently bagged the Central Board of Irrigation and Power (CBIP) award for speedy execution of Polavaram multipurpose project and best implementation of water resources project for better planning, implementation and monitoring.

Gruh Finance Merged With Bandhan Bank
Bandhan Bank
Gruh Finance Merged With Bandhan Bank - Gruh Finance board approved merger of housing financier with Bandhan Bank. The merger is effective from January 1, 2019. The deal follows the Reserve Bank of India’s decision to impose strictures on Bandhan Bank for failing to reduce promoter shareholding as per the agreed regulatory timeline.
Asia Pulp & Paper Group
Asia Pulp & Paper Group
Asia Pulp & Paper Group - Indonesian pulp and paper giant Asia Pulp & Paper Group (APP) is setting up India’s largest paper mill with a capacity of a staggering 5 million tonnes per annum (mtpa) at Ramayapatnam in coastal Andhra’s Prakasam district. This could well be the world’s largest such facility at a single site.

BHIM-UPI Transactions
BHIM-UPI Transactions - Union Minister Ravi Shankar Prasad informed via tweet that the total value of BHIM-UPI transactions crossed 1 Lakh Crore Rupees mark in December 2018. The Minister said BHIM-UPI, a unique fintech innovation of India, has become immensely popular among users. 

Rail Kumbh Seva Mobile App
Mobile App
Rail Kumbh Seva Mobile App - The North Central Railway, NCR has launched a mobile application to help people navigate through Prayagraj city during Kumbh Mela starting from January 15. The 'Rail Kumbh Seva Mobile App' will also provide information regarding all the 'Mela special' trains that will run during the period. Additionally, the app will provide a link to the user to buy both unreserved and reserved train tickets. 

40 Satellite In Next 4 Years
40 Satellite In Next 4 Years - Indian Space Research Organisation (ISRO) Chairman Dr. K Sivan stated that the Union Government has allocated 10,900 crore rupees for the development of 40 satellite launch vehicles in the next 4 years. Dr. Sivan also stated that Chandrayan Mission will be launched within three months. He also said that the human spaceflight Gaganyaan is planned to be launched by 2022, the 75th anniversary of Independence.

Task Force For Navodaya Vidyalayas
Navodaya Vidyalayas
Task Force For Navodaya Vidyalayas - The Union Human Resource Development Ministry constituted a task force under the Chairmanship of Psychiatrist, Dr Jitendra Nagpal, to look into the issues of suicides of the students in Jawahar Navodaya Vidyalayas. The task force will look into the circumstances leading to the suicidal deaths of students residing in the hostels of Jawahar Navodaya Vidyalayas residential schools.

Ramnath Goenka Excellence Award
Ramnath Goenka Excellence Award
Ramnath Goenka Excellence Award - Home Minister Rajnath Singh presented Ramnath Goenka Excellence in Journalism awards in 18 categories across print, broadcast, and purely-digital for outstanding work done in 2017. The Express Group instituted the Ramnath Goenka Excellence in Journalism Awards in 2005.

Hopman Cup
Hopman Cup
Hopman Cup - Switzerland's Roger Federer and Belinda Bencic secured victory over Germany's Angelique Kerber and Alexander Zverev to win the Hopman Cup for the second year in a row.

Merger of Rural Regional Bank
Rural Regional Bank
Merger of Rural Regional Bank - The government has amalgamated three Regional Rural Banks - Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank - into a single RRB.

Public Sector Banks Rationalising Foreign Operation
Public Sector Banks
Public Sector Banks Rationalising Foreign Operation - Public sector banks are in the process of closing or rationalising about 69 overseas operations in the next few months as part of their capital conservation exercise. Following the review, 35 overseas operations were closed while 69 are under process or being considered for rationalisation.

Pavan Vaish
Pavan Vaish
Pavan Vaish - Ride hailing platform Uber Monday said it has appointed Daksh e-services co-founder Pavan Vaish as the head of central operations in India.

Unemployment Rate Worsen
Unemployment Rate Worsen - The estimated unemployment rate rose to a 27-month high of 7.38% in the month of December 2018 and the total number of people employed fell by about 1.09 crore, according to CMIE data. In December 2017, a total of 40.78 crore people were employed, while in the month of December 2018 the number fell to 39.69 crores, the Centre for Monitoring Indian Economy (CMIE) data showed.

Leprosy No Ground For Divorce
Leprosy No Ground For Divorce - The Lok Sabha passed the Personal Laws (Amendment Bill), 2018, which seeks to remove leprosy as a ground for divorce as it is now a curable disease as against the earlier notion of it being incurable. The Bill seeks to amend five personal laws- the Hindu Marriage Act 1955, Dissolution of Muslim Marriages Act 1939, Divorce Act (for Christians) 1869, Special Marriage Act 1954 and the Hindu Adoptions and Maintenance Act 1956.