 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. |
 President Ram Nath Kovind and first lady Savita Kovind left for a 4-day visit to Myanmar. During his stay, the President will visit capital Nay Pyi Taw and Yangon, and interact with his counterpart U Win Myint and State Counsellor Aung San Suu Kyi. The president will also hold a high-level delegation meeting. Myanmar is a country where India’s “Act East” and “Neighbourhood First” policies intersect. |
| Source- AIR World Service |
 Goa’s Prathamesh Maulingkar has created history by becoming the first Asian/Indianto win Mister Supranational title in a competition held at Krynica-Zdroj, Poland. The 27-year-old defeated 37 contestants from all over the world in the final round to win the coveted title. At the same pageant, Mister Supranational Poland was adjudged first runner-up,Mister Supranational Brazil was adjudged second runner-up and Mister Supranational Thailand was announced as the third runner-up. |
| Source: PTI News |
 The Asian Academy Creative Awards (AAA’s) have been established to serve the creative industries as the pinnacle of their achievement in content creation and media production. The award ceremony was held in Singapore. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Here is the complete list of winners of Asian Academy Creative Awards 2018: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 In a bid to make retirement income scheme more attractive for central government employees, the government has agreed to chip in a higher 14% of the basic salaryof an individual as its contribution to the National Pension System (NPS). The move would benefit over 36 lakh central government employees. Currently, the minimum employee contribution in NPS is 10% of basic pay and an equal contribution is made by the government. |
| Source- The Hindu Business Line |
 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 |
 Human Rights Day is observed every year on 10 December. On this day, the United Nations General Assembly adopted, in 1948, the Universal Declaration of Human Rights. This year, Human Rights Day marks the 70th anniversary of the Universal Declaration of Human Rights. #StandUp4HumanRights is the global campaign launched on for year 2018. |
| Source- The United Nations |
 Public Relations Officer (PRO) in the prime minister’s office and senior journalist Jagdish Thakkar passed away in New Delhi. Thakkar, 72, who was unwell for some time, passed away at the All India Institute of Medical Sciences. |
 India will retain its position as the world’s top recipient of remittances in 2018 with its diaspora sending a whopping USD 80 billion back home, according to the World Bank report. India is followed by China (USD 67 billion), Mexico and the Philippines (USD 34 billion each) and Egypt (USD 26 billion), according to the global lender. The Bank estimates that officially-recorded remittances to developing countries will increase by 10.8% to reach USD 528 billion in 2018. |
| Source- The Economic Times |
You need to login to perform this action.
You will be redirected in
3 sec
