Current Affairs 4th December 2019
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National:
- The Narendra Modi-led Bharatiya Janta Party (BJP) government has launched the fourth round of the Regional Connectivity Scheme (RCS) meant to stimulate air connectivity in an affordable way, which is a part of its plan to operationalize over 100 airports in smaller towns and cities over the next five years. The focus of the fourth round of RCS will be bringing connectivity to priority areas like North East India, Jammu and Kashmir, Ladakh, hilly states in others parts of the country, and islands, the ministry of civil aviation (MoCA) said in a statement on Tuesday.
- The Rajya Sabha on Tuesday passed the Dadra and Nagar Haveli and Daman and Diu (Merger of Union Territories) Bill, 2019
- Senior Advocate Rajeev Dhavan who led the arguments for the muslim parties in the Ayodhya case took has been sacked.
- Rajya Sabha passes SPG bill, congress walks out.
International
Banking / Business / Science
- Google Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, extending a long retreat from public roles and active management by Page and Sergey Brin at the company they co-founded 21 years ago.
- India will put into orbit another of its sharp-eyed surveillance satellite RISAT-2BR1 with synthetic aperture radar on December 11
- The board of public sector lender Punjab & Sind Bank will meet on 6 December to consider the lender’s proposal to raise up to ₹500 crore through a qualified institutional placement. QIP is a tool used by listed companies to sell shares, debentures, or any securities, other than warrants that are convertible into stocks, to a qualified institutional buyer such as mutual funds and foreign institutions.
- Pharmaceutical firm Biocon Ltd on Tuesday said Siddharth Mittal has taken over as the company’s chief executive officer (CEO) and joint managing director (MD) starting 1 December. Mittal replaced Arun Chandavarkar, who retired on 30 November after spending nearly three decades at the bio-similar manufacturer.
- S&P retains India’s sovereign rating at BBB-, retains outlook at stable.
- Yahoo India names Aamir Khan’s Dangal as the blockbuster of the decade.
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