 The Election Commission of India will implement the political parties Registration Tracking Management System (RTMS). It will be implemented through an online portal to facilitate tracking of the status of the application by applicants. The Commission said, the applicant who is applying for party registration from 1st January 2020 onwards will be able to track the progress of his or her application and will get status through SMS and email. |
| Source: The News on AIR |
 The National Assembly of Republic of Mauritius has unanimously elected Prithvirajsing Roopun, as new President of the island nation, a largely ceremonial post. He was former arts and culture minister of the country. In Mauritius, Prime Minister is head of government and holds most political power while the president is head of state but has no executive role and is considered guardian of the constitution. |
| Source: The Business Standard |
 The Asian Development Bank (ADB) board has unanimously elected Masatsugu Asakawa as its new president. He is currently a special advisor to Japan’s Prime Minister and Minister of Finance, will assume office as ADB’s 10th President on January 17, 2020. He will succeed Takehiko Nakao, who will leave office on January 16, 2020. He served as a Visiting Professor at the University of Tokyo from 2012 to 2015 and at Saitama University from 2006 to 2009. |
| Source: The Business Standard |
 Sundar Pichai promoted as Alphabet Inc. CEO after Google co-founders Larry Page and Sergey Brin have announced that they are stepping down from the leadership role of the parent company Alphabet. Google CEO Indian-American Sundar Pichai will be assuming the role of Alphabet Inc CEO, making him one of the most powerful corporate leaders of the world. Alphabet and Google no longer need two CEOs and a President and Sundar Pichai will be the CEO of both Google and Alphabet. |
| Source: The News on AIR |
 The government has launched the 4th round of Regional Connectivity Scheme – UDAN (Ude Desh Ka Aam Nagrik) to further enhance the connectivity to remote and regional areas of the country. The focus in this round will be North East Region, Hilly States, Jammu and Kashmir, Ladakh and Islands. The scheme was launched in October 2016, which seeks to provide connectivity to un-served and under-served regions through the revival of existing airstrips and airports. |
| Source: The News on AIR |
 Barcelona forward Lionel Messi has won the Ballon d’Or award for the world’s best player for a record 6th time. It is the 32-year-old Argentine’s first Ballon d’Or since 2015 and comes after he scored 54 times for club and country in 2018-19, in which Barca won La Liga. Virgil van Dijk was second-one of four Liverpool players in the top seven, including Sadio Mane in fourth. Juventus and Portugal forward Cristiano Ronaldo, who has won the award five times, was third in the voting. |
| Source: The DD News |
 Walmart India, in partnership with HDFC Bank, launched a co-branded credit card exclusively for members of its Best Price Modern Wholesale “B2B Cash & Carry” stores, offering “free credit up to 50 days. The card is being supported by Diners Club International which has acceptance of its own membership card in 185 countries. |
| Source: The Livemint |
 The Asian Development Bank (ADB) has agreed to advance a loan of US $206 million to develop water supply and sewerage infrastructure in Tiruchi and other cities in Tamil Nadu. It will also strengthen the capacities of Urban Local Bodies (ULBs) for improved service delivery. The project initiatives are also expected to help the state develop the requisite ecosystem for economic growth. The project will target cities namely Ambur, Tiruchirappalli, Tiruppur, and Vellore for developing sewage collection and treatment and drainage systems. Improvement to water supply systems would be targeted in the cities of Madurai and Tiruppur. |
| Source: The News on AIR |
 The International Finance Corporation (IFC), a unit of the World Bank Group, has anchored an investment round of $200million in Mahindra & Mahindra Financial Services Limited (MMFSL). Mahindra & Mahindra Financial Services Limited (MMFSL) is a Rural NBFC (Non-Banking Financial Company) with the objective to create a ‘pool’ specifically for financing micro, small and medium enterprises (MSMEs) in low-income states. IFC is investing $75 million from its own account and mobilizing another $125 million as parallel loans. At the same time, Mahindra Finance has committed to invest $225 million in this fund. At least $ 100 million of this would be for women-owned MSMEs & it will be supported by blended finance from the IFC-Goldman Sachs’ Women Entrepreneurs Opportunity Facility. |
| Source: The Livemint |
 India successfully test-fired its indigenously developed surface-to-surface nuclear-capable Prithvi-II missile off Odisha coast. The Strategic Forces Command of the Indian Army conducted the user trial of the 350 km range missile from a mobile launcher from launch complex-3 of the Integrated Test Range at Chandipur. The missile weighs about 4,600 kg, is capable of carrying 500 to 1000 kilograms of warheads and is thrust by liquid propulsion twin engines. The 9 meters tall, single-stage liquid-fueled Prithvi-II is the first missile to have been developed by the DRDO under the Integrated Guided Missile Development Programme. This missile is developed under the joint collaboration of Defence Research and Development Organization and Bharat Dynamics Limited, the missile was first test-fired on 27 January 1996. |
| Source: The News on AIR |
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