CURRENT AFFAIRS JANUARY 13 AND 14, 2019

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1. 8-year-old Kartik Singh becomes youngest to win Junior World title in golf

  • Gurgaon’s 8-year-old Kartik Singh has won the under-8 category at the Kids' Golf World Championship organised by US kids Golf in Malaysia, which makes him the youngest Indian to win the title.
  • Kartik is well known all across DLF Golf and country club for his dedication and hard work.
  • He started playing Golf three years ago, when he accompanied his father to a match and was spotted by the coaches there. He has the best hand-eye coordination.

2. Yes Bank appoints Brahm Dutt as non-executive part-time chairman

  • Yes Bank, India’s fourth-largest private sector bank, on Saturday announced the appointment of Brahm Dutt as non-executive part-time chairman.
  • Brahm Dutt has been on Yes Bank’s board since July 2013 as an independent director, and contributed to almost all the sub-committees of the board over the past five and a half years, it added.
  • He is currently also the chairman of the Nomination and Remuneration Committee.

3. Reserve Bank slaps Rs 3 crore penalty on Citibank

  • The Reserve Bank of India (RBI) has imposed a penalty of Rs 3 crore on Citibank India for not complying with directions regarding the 'fit-and-proper criteria' for directors of the bank.
  • The RBI in a statement, however, added that the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
  • The US-based Citibank has been operating in India for over 115 years. The bank has 35 branches in India and a network of 541 ATMs, according to the latest RBI data.

4. Rajyavardhan Rathore launches National Youth Parliament Festival 2019

  • Minister of Youth Affairs and Sports, Col Rajyavardhan Rathore  launched the National Youth Parliament Festival 2019 at a function in New Delhi. The festival will continue till 24th of next month.
  • The theme of the festival is- Be the Voice of New India and Find solutions and contribute to policy.
  • He said, the festival will be held at District, State and National level to select t he best speakers.

5. Naveen Patnaik launches scheme to distribute free LED bulbs in Odisha

  • Odisha Chief Minister Naveen Patnaik   launched the ‘Ama Ghare LED’ scheme, under which about 95 lakh families in the state will each get four LED bulbs free of cost.
  • Patnaik said the LED bulbs (9-watt each) will be distributed to the beneficiaries registered under the National Food Security Act (NFSA) and the State Food Security Scheme (SFSC).
  • The beneficiaries will have to produce their bio-metric authentication in order to avail the benefits of the scheme.

6. India, US hold 2+2 Inter-Sessional meeting in New Delhi

  • A 2+2 Inter-Sessional meeting between the United States and India took place, focusing on the progress of defence and foreign policy issues between the two countries.
  • The Indian delegation was led jointly by Joint Secretary (AMS) from the Ministry of External Affairs Gourangalal Das, and Joint Secretary (PIC) from the Ministry of Defence, Shambhu S Kumaran.
  • During  meeting, both India and the US also exchanged views on regional developments as partners and stakeholders for a free, open, inclusive, peaceful and prosperous Indo-Pacific.

7. SpaceX launches 10 Iridium Communications Satellites

  • A SpaceX Falcon 9 rocket carrying 10 Iridium Communications satellites has blasted off from California.
  • SpaceX will try to land the Falcon's first stage on an autonomous vessel floating in the ocean.
  • The payload is the eighth and final set of satellites to be launched as Iridium replaces its entire globe-circling fleet with next-generation orbiters. Deployment of the satellites is scheduled to be completed a little over an hour after liftoff.

8. Namita Gokhale wins Sushila Devi Literature Award

  • Writer Namita Gokhale has won the Sushila Devi Literature Award for her novel "Things to Leave Behind".
  • She was awarded in the 'Best Book of Fiction Written by a Woman Author' category at the inaugural edition of Bhopal Literature and Art Festival.The literature festival was inaugurated by the Union Tourism Minister, KJ Alphons, on January 12, at Bharat Bhawan the multi-cultural hub in Bhopal.

9. IDFC Bank re-named IDFC First Bank

  • Private sector lender IDFC Bank said its name has been changed to IDFC First Bank Ltd with effect
  • IDFC Bank and non-banking financial company Capital First had announced completion of their merger on December 18, creating a combined loan asset book of Rs 1.03 lakh crore for the merged entity.
  • Following the merger, the board of IDFC Bank had approved the appointment of V Vaidyanathan, founder and chairman of Capital First Ltd, as managing director and chief executive officer of the merged entity.

10. Sikkim CM launches 'One Family, One Job' scheme

  • Sikkim Chief Minister Pawan Chamling launched 'One Family, One Job' scheme that envisions employment to a member of every family which does not have a government job in the state.
  • He also declared that all loan debts in the farming and agriculture sector would be revoked.
  • Chamling's Sikkim Democratic Font government earlier announced that 20,000 youths would immediately be given temporary jobs under the scheme.

11. TCS hires former Citigroup executive Daniel Houghes Callahan as independent director

  • Tata Consultancy Services (TCS) hired former Citi executive Daniel Houghes Callahan, 62, as an additional and independent director for 5 years
  • As chief administrative officer and head of Citigroup's technology, Callahan was member of Citi's operating committee until November 2018.
  • Prior to joining Citi in 2007, Callahan held senior positions in AIBM Japan, Morgan Stanley, and Credit Suisse.
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