Current Affairs-15/12/2015 -The Hindu

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NATIONAL:

1.Nairobi meet India discusses about the issue of huge trade distorting Farm  Subsidies:

Nirmala seetharaman


Place of NAIROBI Meeting =KENYA CAPITAL-NAIROBI, 
Time duration of Meeting=DEC 15-18,  
Member Countries of WTO=162 COUNTRIES,   
Theme of the Meeting =“NEGOTIATIONS AIMED AT A DEAL TO LIBERALISE GLOBAL TRADE”.

WTO(World Trade Organisation):

HEADQUARTERS   GENEVA,SWITZERLAND,
HEADROBERT AZEVEDO

 India wants an agreement on special safeguard mechanism and a solution on public stock holding for food security i.e NICHE AGREEMENTsaid by Commerce Minister”NIRMALA SEETHARAMAN”


2.Defence Minister Manohar Parikar Launches the maiden run of the core 25kN indigenous aeroengine and HTSE-1200:

Manohar Parikar
         Mr.parikar was speaking after launching the maiden run of the core 25Kn indigenous aeroengine-“HTFF-25”(Hindustan Turbo Fan Engine) and “HTSF-1200“(HIndustan Turbo Shaft Engine) developed by HAL(Hindustan Aerospace Limited).He said that HAL Should work with Private sectors to fast their Developments.


3.Countdown begins for PSLV C29 launch by ISRO:



                Space scientists of ISRO have began the countdown for the launch of “PSLV C29” rocket at “Sathish Dawan space centre at Sriharikota”
 

4.Vizag artist selected for global contest:

                   Artist K.S Kamesh’s painting“Amalgamation” that has been selected for the “International Artist Grand Prize competition 2016” to be organised by “Taiwan International Contemporary Artists Association”.
 


BUSINESS:

1.As Economy slows, China urges G20 to focus on domestic reforms:

Xi Jin Ping

                      G20 summit 2016 to be held in=China Hangzou

                      Duration of the G20 summit   = September 4-5,2016

                Chinese President “Xijin ping” says that G20 Summit should address critcal issues affecting the global economy and endeavour to promote strong,sustainable and balanced growth.


IMPORTANT THINGS TO REMEMBER:

                       “The Hangzou Bay Bridge” at china

2.Tech Mahindra,M&M to buy Pininfarina:



           Tech mahindra and Mahindra and Mahindra Limited,have agreed to buy Italian car designer Pininfarina with 60:40 Venture of Pininfarina which has designed cars for Ferrari,Masreati,etc


3.RBI governor says banks balance sheet will be cleaned up by March 2017:

Raguram Rajan

During the Monetary Policy Meeting RBI Governor “Raguram Rajan” told that banks balance sheet will be cleaned by march 2017.

STRESSED ASSETS =”11.1 percent” as on “MARCH 2015”

“SYNERGIES” should be between the mergers of banks said by Deputy Governor “S.S Mundra”

ALREADY MERGED BANKS:
State bank of Saurashtra” with itself in 2008,”SBI” merged “State bank of Indore” with itself in 2010,”Kotak mahindra bank” and “ING VYSYA“the most recent merger.


SPORTS:
 1. PUNE Franchise By “Sanjeev Goenka” will Take “M.S Dhoni” and Rajkot will Take “Ravindra Jadeja

M.S Dhoni and Jadeja
2.”Anirban Lahiri” won the “ASIAN TOUR ORDER OF MERIT” Title.He was declared as the new Asia’s NO 1 Golf Player of INDIA.He is also the winner of MAYbank Malayasian Open and Indian Open this year.

Anirban Lahiri
Tamara Zidansek