 Air Force Chief Birender Singh Dhanoa left on a five-day goodwill visit to Japan. During his visit, Air Chief Marshal Dhanoa will call on Japanese Minister of Defence Takeshi Iwaya, Chief of Staff of Japan Air Self Defence Force General Yoshinari Marumo, Chief of Staff, Joint Staff Admiral Katsutoshi Kawano. This visit of the Indian Air Chief will provide further impetus towards expanding defence cooperation between the two countries and pave the way for greater interaction and cooperation in the future. |
| Source: Press Information Bureau |
 The opening ceremony for the 7th Sino-India joint exercise Hand-in-Hand 2018, was held at Chengdu, China. Company size contingents of 11 SIKHLI from Indian Army and a regiment from Tibetan Military District of People’s Liberation Army participated in the exercise. The Indian contingent was led by Col Puneet Pratap Singh Tomar, Commanding Officer, 11 SIKHLI, while the Chinese contingent was led by Col Zhou Jun. The aim of the exercise is to build and promote close relations between armies of both the countries and to enhance ability of the joint exercise commander to take military contingents of both nations under command. |
| Source: PIB |
 International Mountain Day is held every year on 11 December, which was established by the UN General Assembly in 2003 to encourage sustainable development in mountains. The theme for 2018 IMD is “Mountains Matter”. |
| Source- The United Nations |
 Professor Mushirul Hasan, a renowned historian, and former vice-chancellor Jamia Millia of Islamia, passed away at the age of 71. Hasan was also formerly the director general of the National Archives of India. Hasan won a number of awards for his work, including the Padma Shri in 2007 and the Ordre des Palmes Académiques. The books he authored include India Partition: The Other Face of Freedom, When Stone Walls Cry, Partners in Freedom: Jamia Millia Islamia (co-authored with Rakshanda Jalil) and From Pluralism to Separatism: Qasbas in Colonial India. |
| Source- Business Standard |
 The indigenously built Inter-Continental Ballistic Missile Agni-5 has been test-fired successfully from Abdul Kalam island under Chandipur Interim Test Range. It can carry both nuclear and traditional weapons. The first test was conducted in 2012 from ITR Chandipur in Balasore district. This is the fourth successful test of this missile. Previously the test of Agni 4 was unsuccessful. Having 17 meters length and 2 meters diameter the missile can hit the target from a distance of 5 thousand kilometers. |
| Source- AIR World Service |
 The government has appointed Shaktikanta Das as the new RBI governor, a day after Urjit Patel resigned as RBI Governor. He is the 25th Governor of the Reserve Bank of India. A former economic affairs secretary from 2015 to 2017, Das worked closely with the central bank. He is currently a member of the Finance Commission of India, and the government’s representative at the Group of 20 summits. |
| Source: The Economic Times |
 Indigenously developed Light Utility Helicopter (LUH) by Hindustan Aeronautics Limited (HAL) has achieved important milestone of flying at 6 km altitude in Bengaluru, capital of Karnataka. The test was critical requirement towards certification of LUH. Its first flight was carried in September 2016 and second Prototype was flown in May 2017. The recent flight test was carried out under envelope expansion tests and helicopter exhibited satisfactory performance and handling qualities. With the completion of this milestone, LUH can now undertake high altitude cold weather trials planned in January 2019. |
| Light Utility Helicopter (LUH) It is 3-ton class new generation helicopter designed and developed by indigenously Rotary Wing Research and Design Center (RWR&DC) of HAL. It will replace ageing fleet of Cheetah and Chetak helicopters used by Indian Armed Forces. It is capable of flying at 220 kmph, with service ceiling of 6.5 km and range of 350 km with 400 kg payload. It is fitted with Glass Cockpit and powered by TM/HAL Ardiden 1U/Shakti 1U single turbo shaft engine with sufficient power margins to cater to demanding high altitude missions. It will meet requirements of both military and civil operators. It can be deployed for reconnaissance, surveillance roles and as light transport helicopter. HAL has in principal order for 187 LUH that includes 126 for Indian Army and 61 for IAF. |
| Hindustan Aeronautical Limited (HAL) HAL is state-owned aerospace and defence company based in Bengaluru, Karnataka. It is governed under the management of the Union Defence Ministry. It pursues high-end research and development to create the country’s future aircraft and aeroengine technologies HAL has already developed four highly popular models of helicopters under its belt. Its product range includes, Dhruv Advanced Light Helicopter (ALH), multi-role seven seater Chetak Helicopter, Light combat helicopter (LCH) Cheetah and Lancer, anti-insurgency, close air support chopper. |
 Khelo India Youth Games-2019 will be held in Pune of Maharashtra in January. Sports Minister Col Rajyavardhan Rathore announced that 9000 youth will participate in this edition of the game. Under Khelo India programme, the government is providing scholarships to 1500 students from across the country. Last year around 3500 school children had participated in the event. In this edition of Khelo India Youth Games university players will also take part. |
| Source: Air World Service |
 In a major push to kickstart listing of start-ups in India in a big way, capital markets regulator SEBI has lined up a slew of relaxations for new-age ventures. The proposed changes include renaming the Institutional Trading Platform (ITP) that the regulator had created for such listings as Innovators Growth Platform (IGP). The changes include doing away with the requirement of at least 50% of pre-issue capital being held by qualified institutional investors. |
| Source- The Economic Times |
 Atul Sahai has been appointed as the Chairman and Managing Director (CMD) of the country’s largest general insurance company New India Assurance. The post had been lying vacant since July 2018 after former chairman and managing director G Srinivasanretired. The appointments committee of the cabinet announced that Sahai who is the General Manager at Oriental Insurance will be appointed for a period of five years. Sahai’s name was recommended by the department of financial services after interviews were held for the position almost three months back. |
| Source: The Moneycontrol |
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