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India is still forecast to retain its position as Eco/Banking/RBI the world’s fastest growing major economy ahead of China, which is forecast to grow 6.7% in 2016. JAN 2 : 's largest LNG importer Petronet has signed an agreement to set up a $950 million liquefied JAN 12 : Moving ahead with the strategic sale of natural gas import project in Bangladesh. Pawan Hans, the government said it will sell its entire 51 per cent stake and transfer JAN 5 : at its SMB-focused event in New the management control of the helicopter Delhi announced two new initiatives for service operator. small and medium businesses in India - Digital Unlocked and My Business Websites. Pawan Hans is a joint venture where state- The event was helmed by Google CEO owned ONGC holds 49 per cent. , who spoke about the power JAN 13 : In one of the biggest aircraft orders by an of the Internet to transform entrepreneurship. Indian airline, Spice Jet announced it will JAN 6 : Wind turbine maker Suzlon Group said that buy up to 205 Boeing planes worth $22 it has bagged 105 megawatt (MW) order billion (Rs. 1.5 lakh crore). from Axis Energy Group in Andhra Pradesh. Spice Jet chairman Ajay Singh, who brought the airline back from the verge of closure The company said in a BSE filing that the two years back, said the order is a firm one project consists of 50 units of S111 90 metre for 155 Boeing 737-8 Max and 50 purchase tubular tower, each with a capacity of 2.1 MW. rights for wide body long haul planes like JAN 7 : The Indian economy is expected to grow Dreamliner and the B-737s. at 7.1 per cent this fiscal -- without the JAN 13 : Unemployment in India is projected to impact of demonetisation being taken into witness marginal increase between 2017 and consideration, according to an official 2018, signalling stagnation in job creation in advance estimate of Central Statistics Office the country, according to a UN labour report. (CSO) for the year released. The actual The United Nations International Labour expansion in the first six months of 2016-17 Organisation (ILO) released its 2017 World stood at 7.1 per cent. Employment and Social Outlook report, JAN 9 : The tax department said that General Anti- which finds economic growth trends lagging Avoidance Rule (GAAR) will kick in from behind employment needs and predicts both April 1, 2017. rising unemployment and worsening social In its 2016 year-end review, the Central inequality throughout 2017. Board of Direct Taxes, which is the apex JAN 13 : Mobile handset brand Gionee has roped in policy making body of the I-T department, Indian test captain Virat Kohli as the brand listed its major achievements. ambassador. The poster boy for Indian JAN 9 : Making trading in mutual funds more cricket will be joining actor Alia convenient for investors, BSE announced Bhatt who was roped in a few months ago. the launch of the ‘BSE STAR MF’ mobile JAN 14 : Deploys Tata Communications' Wi-Fi+ application.The app is currently available to solution for providing BSNL subscribers android mobile users.BSE runs the mutual Wi-Fi network access internationally. fund trading platform — BSE STAR MF — Bharat Sanchar Nigam has partnered with the largest MF distributor platform in India Tata Communications to deliver a high- with more than 4 lakh SIPs (Systematic quality mobile experience and accelerate Investment Plans) per month. how its subscribers use Wi-Fi internationally. JAN 9 : Rockman Industries, the auto-components JAN 17 : The International Monetary Fund (IMF) arm of the USD 5 billion Hero Group, has has lowered India's growth forecast for the forayed into carbon composites space by current fiscal 2016-17 to 6.6 per cent from acquiring majority stake in Surat-based 7.6 per cent estimated earlier. Moldex Composites in a deal valued at In an update of its flagship publication the around Rs. 100 crore. World Economic Outlook, the IMF said JAN 11 : The World Bank has pared India’s growth India is likely to grow by 6.6 per cent only forecast for FY17 to 7% from 7.6% estimated in FY17, down from 7.6 per cent estimated earlier, attributing it partly to demonetisation earlier and marginally behind China that is of high-value currency notes. pegged to grow at 6.7 per cent in 2016. www.mahendraguru.com [2] www.mahendraguru.com

JAN 18 : According to United Nations report India is Inc (VGS) for supply of 4 million tonnes projected to grow by 7.7 per cent in fiscal a year of LNG from its Lake Charles, 2017, remaining the fastest growing large Louisiana, project for 20 years. developing economy, as it benefits from JAN 28 : Competition Commission approved the strong private consumption and gradual proposed joint venture between Anil Ambani- introduction of significant domestic reforms. led group firm Reliance Aerostructure and JAN 20 : Kishore Biyani-led Future Consumer has Rafale-maker Dassault Aviation, one of forged a joint venture with Tilda Hain India the major deals in India’s private defence Pvt, part of US' Hain Celestial Group Inc, to industry. manufacture and sell food products in the BANK health and wellness space in India. JAN 4 : Paytm said it has received final approval Jan 21 : Hong Kong, a Special Administrative Region of the Reserve Bank to formally launch of China, would open an Economic and its payments bank and it expects to start Trade Office (ETO) in India to strengthen operations next month. Payments banks can trade ties and investment linkages. accept deposits from individuals and small The ETO would go a long way in businesses of up to Rs. 1 lakh per account. strengthening trade, economic and JAN 7 : Even as the Central Statistics Office (CSO) investment linkages between India and revised downwards the GDP growth estimate Hong Kong, a press release from the Indian for the current financial year to 7.1 per cent, Consulate in Hong Kong said. SBI Research pegged it further down at JAN 27 : A San Francisco-based software company 6.7 per cent, citing the note-ban impact on founded by an IIT alumnus will be acquired consumption and therefore production. by American technology giant Cisco for JAN 10 : Export-Import Bank of India (Exim Bank) has USD 3.7 billion. Jyoti Bansal founded launched a portal 'EXIM MITRA' primarily application intelligence software company for providing information on financial App Dynamics in 2008 with a vision to help products available to facilitate exports, and modern enterprises embark on their journey delivering trade-related information. of digital transformation with a disruptive JAN 10 : State-run Bank of Baroda reduced home approach to managing their software loan rates by 70 basis points to the industry's applications. lowest level of 8.35 per cent that will be JAN 27 : Ant Financial, e-commerce giant Alibaba's applicable for customers having a strong financial arm, has reached an agreement to Cibil scores. acquire American money-transfer major At 8.35 per cent, the rate is lower than MoneyGram for $880 million, in a deal that industry leader State Bank of India's 8.50 per will expand the firm's business in the US cent offer. after India and Thailand. JAN 13 : Finance Minister Arun Jaitley inaugurated JAN 27 : The Competition Commission has approved Airtel Payments Bank of Bharti Enterprises, French firm Schneider Electric's proposed which is being rolled out across the country purchase of the remaining 26 per cent in with an investment of Rs. 3,000 crore. power backup solutions provider Luminous. Airtel first started its payments bank in In 2011, Schneider Electric had acquired 74 Rajasthan across 10,000 retail outlets on per cent of Luminous Power Technologies November 23, 2016, and later rolled out pilot (LPT) for a total consideration of Rs. 1,400 services in Karnataka, Andhra Pradesh and crore.Competition Commission of India Telangana. (CCI), which keeps a tab on unfair business JAN 24 : According to Reserve Bank two small ways, has approved the deal to acquire finance banks -- Suryoday and Utkarsh the remaining stake, as per the regulator's commenced operations. website. With this, the number of small finance banks JAN 27 : Australia-listed Liquefied Natural Gas Ltd (SFBs) operating in India has risen to four. (LNG Ltd) has signed a pact to potentially supply gas from its planned Magnolia LNG In September 2015, the RBI had issued in- project in the US to India for 20 years. principle approval to 10 SFB applicants. LNG Ltd signed a Heads of Agreement (HOA) with Vessel Gasification Solutions, www.mahendraguru.com [3] www.mahendraguru.com

National & State News of 2016 on the occasion of “Good Governance Day”. the Month JAN 6 : Hyderabad would play host to a semi-final match of the second T20 World Cup cricket JAN 2 : Prime Minister will for the blind on February 10. inaugurate the five-day annual Indian Science JAN 6 : The Defence Research and Development Congress at the Sri Venkateswara University. Organisation is planning to develop a Prof D Narayana Rao, General President major facility in 's Morena of Indian Science Congress Association district on a vast area of over 900 hectares, (ISCA), said that Science and Technology for which land acquisition process is on. for National Development would be the focal theme of the Indian Science Congress. JAN 7 : The Standing Fire Advisory Council (SFAC), a Central government body, has JAN 4 : Creating history for a minority ethnic roped in Bollywood actor Randeep Hooda community that comprises just one per cent as the brand ambassador of fire services in of the US population, five Indian Americans India. took oath as members of the Congress. JAN 9 : Union Minister of Power, Coal, New & 52-year-old Kamala Harris whose mother Renewable Energy and Mines, Piyush was from India and father from Jamaica of Goyal dedicated the Street Lighting African heritage, was sworn as the Senator National Programme (SLNP), currently from California by the outgoing US Vice running in the South Delhi Municipal President Joe Biden. She is the first Indian Corporation (SDMC) area, to the Nation American to have ever served in the Senate. in . It is the World’s Largest JAN 4 : New Delhi Municipal Council (NDMC) Street Light Replacement Programme, appointed Rio Olympic medalist and Arjun which is being implemented by the Energy Awardee Deepa Malik and first female Efficiency Services Limited (EESL), a amputee who climbed on Mount Everest joint venture under the Ministry of Power, Arunima Sinha as brand ambassadors for its Government of India. Swachh programme. JAN 9 : Khanderi, the second Kalvari class JAN 4 : Government approved an agreement submarine, will be launched at the Mazagon between India and Uruguay on co-operation Dock Shipbuilders Limited (MDL) here on and mutual assistance on Customs matters. January 12. JAN 4 : An MOU was signed between Government Union Minister of State for Defence of India, Telangana Government and Subhash Bhamre will preside over the Distribution Companies on UDAY (Ujwal function to initiate the launch of Khanderi Discom Assurance Yojana).Telangana Chief (Yard 11876). Minister K. Chandrashekar Rao stated that he JAN 10 : Prime Minister Narendra Modi inaugurated is happy to inform the August house that his India’s first international exchange –India Government and TS Discoms are executing INX — at the International Financial an MOU with Government of India, to join Service Centre (IFSC) of GIFT City, saying in UDAY Scheme. it will enable Indian firms to compete on JAN 5 : The three day International Conference on equal footing with offshore firms. “Yoga for Diabetes” was inaugurated by JAN 11 : Railways launched a new ticketing App, Minister of State for AYUSH (Independent IRCTC Rail Connect, to facilitate booking Charge), Shripad Yesso Naik in New Delhi. of train tickets in a faster and easier way. In his inaugural address, the Minister informed that UNESCO, the world’s apex Equipped with latest technology, the new body for culture has recently included yoga App also makes possible booking of tatkal in its list of intangible cultural heritage. ticket, ladies quota, premium tatkal quota booking and current reservation. JAN 5 : “Bunkar Mitra”, the Government of India’s Helpline for Handloom Weavers. The JAN 11 : The two day National Conference on helpline was launched by the Union Textiles e-Governance concluded in Visakhapatnam. Minister Smriti Zubin Irani on December 25, The Union Minister of State for Electronics

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and Information Technology and Law JAN 18 : Minister of Railways Suresh Prabhakar & Justice P.P. Chaudhary chaired the Prabhu unveiled Mission 41k during the valedictory session of the 20th National Roundtable Discussion with External Conference on e-Governance. Stakeholders on Energy Initiatives of Indian JAN 12 : Khanderi, the second Scorpene class Railways. Suresh Prabhu said that Ministry submarine that has superior stealth and the of Railways has come up with Mission 41k ability to launch a crippling attack with to save Rs. 41000 crore in the next decade in torpedoes as well as tube-launched anti-ship Railways’ energy costs. missiles whilst underwater or on surface, was JAN 18 : All India Institute of Medical Sciences launched at the Mazagon Dock Shipbuilders (AIIMS), New Delhi signed MoUs with Limited (MDL). NBCC (India) Limited, HSCC (India) The Indian Navy's submarine arm will Limited and with HITES HLL Life Care Ltd complete 50 years on December 8 this year. to expand infrastructure and other facilities. JAN 12 : The Assam Chief Minister Sarbananda JAN 19 : To put an innovative progress in elementary Sonowal, Union Minister of State education sector of the country by continuous (Independent Charge) Development of monitoring of the flagship scheme - Sarva North Eastern Region (DoNER), MoS PMO, Shiksha Abhiyan (SSA), Union Human Personnel, Public Grievances, Pensions, Resource Development Minister Prakash Atomic Energy and Space, Dr Jitendra Javadekar launched a dedicated web portal Singh and Union Minister of State for 'ShaGun', which has been prepared by World Home Affairs Kiren Rijiju inaugurated the Bank in collaboration with Ministry of Digidhan Mela organized in Guwahati. The Human Resource Development. two-day Digidhan Mela is being organised JAN 20 : President Pranab Mukherjee has approved with an aim to enable citizens and merchants changes in government rules to allow merger to familiarize and adopt real time digital of rail budget with the central budget. The transactions. Department of Economic Affairs has JAN 12 : Wind Turbine maker Suzlon Group said it been entrusted with the work relating to won a 226.8 megawatt wind power project preparation of central budget including from an independent power producer (IPP) rail budget, as per a recent order issued by in Andhra Pradesh.The order consists of Cabinet Secretariat. 108 units of S111 90 m tubular tower with JAN 20 : MoS DoNER Dr Jitendra Singh and MoS rated capacity of 2.1 MW. The project will Agriculture Parshottam Rupala inaugurated be located in Anantapur district of Andhra International Symposium on Medicinal and Pradesh, and is scheduled for completion by Aromatic Plants of India. March 2017. JAN 20 : Himachal Pradesh Chief Minister Virbhadra JAN 16 : A Mobile app named “SEZ India” has been Singh declared Dharamsala as the second launched by the Commerce Secretary on capital of the state. Singh said the city fully 06.1.2017. SEZ Division, Department of deserved the status because of its history and Commerce under its broader e-Governance significance. The Dalai Lama’s residence initiative i.e. SEZ Online System, has and the headquarters of Central Tibetan developed mobile app for Special Economic Administration (the Tibetan government in Zones (SEZs). exile) are in Dharamsala. JAN 13 : Gujarat government said that 25,578 JAN 21 : The Ministry of AYUSH inked a MoU with memorandum of understanding (MoUs) the Advertising Standards Council of India were inked during the Vibrant Gujarat Global (ASCI) to identify potential misleading Summit, but refrained to give the amount of advertisements in its advertising sector. investment they will generate. Under the MoU, the ASCI will also JAN 17 : The Karnataka government and the process complaints against the misleading Railways Ministry signed a memorandum advertisements through its Consumer of understanding in what is seen as a step Complaints Council (CCC). towards realising the city's long standing JAN 21 : Indian Navy's biggest aircraft carrier, INS demand for a suburban railway system to Vikramaditya will soon to have an ATM address its notorious traffic congestion. www.mahendraguru.com [5] www.mahendraguru.com

onboard. State Bank of India will launch the which will see the participation of more than ATM facility onboard premier warship in 150 authors from India and abroad . Karwar, Karnataka. JAN 28 : According to a global report the Delhi-based JAN 21 : Ministry of MSME, Government of India Observer Research Foundation has emerged finalised MoU on MSME Cooperation with as the top think tank in the country. Indian Ocean Rim Association (IORA) According to the latest "Global Go to Think member countries. The MoU will take effect Tank Index Report" the ORF bagged the top for each party upon signature by 5 countries. spot in the country in the China, India, Japan The MoU finalized would be signed soon at and the Republic of Korea category. an appropriate forum. JAN 28 : Assam Governor Banwarilal Purohit JAN 21 : A Joint Venture Agreement was signed on has been given the additional charge of 20th January, 2017 between Ministry of Meghalaya following the resignation of V Railways and Government of Jharkhand Shanmuganathan. for developing railway infrastructure in the State. The charge of Meghalaya will be in addition to his present charge as the Governor of JAN 23 : Kerala Chief Minister Pinarayi Vijayan Assam. inaugurated the 4 lakh square feet state- of-the-art IT building, ‘Jyothirmaya’ at JAN 28 : Telangana government signed a the Infopark in Kochi. ‘Jyothirmaya’, memorandum of agreement with Frances constructed as part of the second phase of AEROCAMPUS Aquitaine on setting up an development in Infopark, will generate 4000 aero skills academy. job opportunities in the field of IT sector . JAN 28 : Hindustan Petroleum Corp (HPCL) and JAN 27 : Bharat Parv, a national festival showcasing GAIL India has signed an agreement with the the country’s diverse culture, cuisines, Andhra Pradesh government for setting up Rs handicrafts and catch glimpses of a 40,000-crore petrochemical plant in the state. progressive India was inaugurated by : The 50:50 joint venture will set up a Dr. Mahesh Sharma, Minister of State 1.5-million tonnes ethylene derivatives (Independent charge) for Tourism and plant, which will produce a wide range Culture at Red Fort, Delhi . Bharat Parv of petrochemical raw materials for the event is being organized by the Government manufacture of detergents, paints and of India at the Red Fort, Delhi from 26th to coatings, cosmetics, textiles and adhesives. 31st January 2017, as part of the Republic JAN 30 : The North Eastern Council (NEC) and the Day 2017 Celebrations. Development Commissioner (Handicrafts), JAN 27 : The Union Cabinet, presided by the Prime Ministry of Textiles signed a Memorandum Minister Narendra Modi, gave its post-facto of Understanding (MoU) in Shillong, to approval for launching of Varishtha Pension harness the hidden potential of Cane and Bima Yojana 2017 (VPBY 2017). Bamboo of North Eastern Region. The Varishtha Pension Bima Yojana 2017 is JAN 30 : Reliance Defence and Engineering Ltd a part of Union Government’s commitment (RDEL) has signed Rs. 916 crore contract for financial inclusion and social security. with Defence Ministry for design and JAN 27 : Assam joins the growing list of states construction of 14 fast patrol vessels for hosting literary jamborees with the three- Indian Coast Guard.RDEL is a wholly— day Brahmaputra Literary Festival (BLF), owned arm of Reliance Infrastructure Ltd (RInfra).

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International News of changing" strategy aimed at preventing and responding to sexual exploitation and the Month abuse by UN peacekeepers. JAN 2 : India and Pakistan exchanged the list of JAN 9 : India and Portugal signed six agreements their nuclear installations and facilities under - including one on defence cooperation the Agreement on the Prohibition of Attack - after Prime Minister Narendra Modi against Nuclear installations. This is the 26th held bilateral talks with Portugal's Prime consecutive exchange of such list between Minister Antonio Costa. the two countries after the first list was JAN 10 : Pakistan successfully test-fired its first exchanged on 1 January 1992. Submarine-Launched Cruise Missile JAN 3 : Justice Mian Saqib Nisar took oath as Chief Babur-3 which is capable of carrying a Justice of Pakistan. He is the 25th Chief nuclear warhead up to 450km from an Justice of the Supreme Court who will serve undisclosed location in the Indian Ocean, on the post till January 17, 2019, date of his giving the country a "credible" second- retirement. strike capability. JAN 4 : Paul Ryan was re-elected as the Speaker of JAN 10 : The Pentagon may soon be unleashing the United States House of Representatives a 21st-century version of locusts on its for another term by the House of the 115th adversaries after officials said it had Congress. successfully tested a swarm of 103 micro- drones. JAN 5 : The Union Cabinet chaired by the Prime Minister Narendra Modi has approved The important step in the development of signing of a Memorandum of Understanding new autonomous weapon systems was (MoU) between India and Kenya on bilateral made possible by improvements in artificial cooperation in the field of agriculture and intelligence, holding open the possibility allied sectors. that groups of small robots could act together under human direction. JAN 5 : The British government will appoint senior diplomat Tim Barrow as its new ambassador JAN 10 : India and Portugal have agreed to work out to the European Union (EU). modalities for a co-production agreement in the Film Sector. The agreement would JAN 6 : Japan has decided to associate itself with be framed in a time-bound manner keeping India in developing Chennai, Ahmedabad in mind the legal aspects of such an and Varanasi as smart cities. agreement. JAN 6 : China launched its longest bullet train JAN 13 : China has established cooperation ties in "Shangri-la of the World" from Kunming, science and technology with 158 countries capital of southwest Chinas Yunnan Province and regions in the world. China's Ministry to Beijing, expanding its high speed train of Science and Technology said that a network to about 20,000 kms connecting total of 111 intergovernmental agreements almost all provinces. on science and technology cooperation JAN 6 : India and Kazakhstan signed an agreement had been signed, and China took part in to amend the two-decade old bilateral tax over 200 intergovernmental organisations treaty under which information exchanged devoted to boosting such cooperation. between the two can be shared with other law JAN 14 : India and the US have signed a MoU to enforcement agencies. collaborate in the fields of developmental JAN 6 : Two firms have signed a deal for the first activities and aid in third world countries. commercial exports in half a century from The MoU has been signed between the Cuba to the US, a new step in the countries' Millennium Challenge Corporation historic rapprochement. (MCC), and Development Partnership Cuban company Cuba Export signed an Administration (DPA) of the Ministry of agreement to sell charcoal to US firm External Affairs of India. Coabana Trading for USD 420 a tonne. JAN 14 : Continuing a yearly tradition, outgoing JAN 7 : New UN chief Antonio Guterres has set up US President Barack Obama signed a task force, which includes a senior Indian a proclamation to declare January 16 diplomat Atul Khare, to develop a "game- Religious Freedom Day.

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Religious freedom is a principle based not JAN 19 : The government approved the signing of on shared ancestry, culture, ethnicity, or an agreement between India and the United faith but on a shared commitment to liberty Arab Emirates in the area of agriculture and - and it lies at the very heart of who we are allied sectors. as Americans. The Union Cabinet, chaired by the Prime JAN 14 : The United Arab Emirates (UAE) has Minister Narendra Modi, has given its inaugurated its first "robot pharmacy" at approval for signing of Memorandum of Rashid Hospital in Dubai. Understanding (MoU) between India and This smart pharmacy is deploying a robot the United Arab Emirates in the field of for the first time in the UAE to dispense agriculture and allied sectors. prescribed medication, which would be JAN 20 : Rupen R. Shah, who is currently the Chief done at a click of button based on a bar code, Deputy of Augusta County Commonwealth therefore "minimise any human error," cited in Virginia, has become the first Indian a report by UAE state news agency WAM. American judge to be elected the JAN 16 : Ecuador took over the chair of the United southeastern US state. Nations Group of 77. It took the charge of Shah is a resident of Staunton city and his Group of 77 from Thailand. six-year term will commence on February 1. After taking the chairmanship of the group, JAN 21 : A consortium led by Chinese firms has Ecuador's President Rafael Correa said that signed a strategic agreement to acquire 40 the group will continue promoting "social per cent equity of Pakistan Stock Exchange and economic equality. for $85 million, in a move aimed at JAN 16 : The 25th Asia-Pacific Parliamentary Forum mobilising funds for the $46-billion CPEC (APPF) opened in Fiji, focusing on parliamentary project and facilitating China’s entry into partnerships for peace and security. the Pakistani capital market. The five-day forum, which was being JAN 23 : Chinese President Xi Jinping became the held at Natadola saw the participation of head of a new commission for integrated delegations from over 20 countries from military and civilian development, as he the Asia-Pacific region, including Australia, assumed more powers and firmed up his China, Japan, Peru, Philippines, and Russia. hold over the ruling Communist Party, the PLA and the government. JAN 17 : The Union Minister of Agriculture and Farmers Welfare, Radha Mohan Singh JAN 23 : Rapidly expanding its naval fleet, China has and Minister of Business, Enterprise and commissioned its 31st stealth warship as it Cooperatives, Govt. of Mauritius, Soomil got its battle group under its first aircraft duth Bholah signed on MoU for Cooperation carrier ready amid tensions with the U.S. in the field of Cooperatives & related areas. and other nations over its assertiveness in the disputed South China Sea. JAN 17 : The Middle East Peace Conference, an international meeting aiming to revive the The People’s Liberation Army Navy has stranded Middle East peace talks, was held commissioned its 31st Type—056 class in Paris. corvette, marking a new addition to the world’s largest fleet of modern corvettes. About 70 countries, including the UN Security Council permanent members, key JAN 27 : Austria's new president called for a tolerant European countries and major Arab states, and diverse nation free of ideological and are taking part in the meeting. racial hatred in an inauguration speech that embraced the ideal of a united Europe. JAN 18 : India on 16 January 2017 became an Associate Member State of European President Alexander Van der Bellen outlined Organization for Nuclear Research (CERN) a vision markedly different from that offered after the Union Government completed during campaigning by his right-wing rival its internal approval procedures for the Norbert Hofer, the populist he defeated last membership. month after an unprecedented repeat vote. From now onwards, India will be required to pay around Rs 40 crore every year as an Associate member.

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JAN 9 : Cuesports ace Pankaj Advani defeated two- Sports News of the time defending champion Aditya Mehta by Month 5-1 to win the 3rd Kolkata Open National Invitation Snooker Championship 2017. JAN 2 : Ravaged by injuries, India's star singles player Somdev Devvarman announced his retirement JAN 9 : Spaniard Roberto Bautista Agut defeated from professional tennis, bringing an abrupt Russian Daniil Medvedev 6-3, 6-4 to lift the end to what was once a promising career. Chennai Open tennis title. JAN 5 : Mahendra Singh Dhoni has stepped down as The World No.14 needed a one hour and 13 India's limited-overs captain but will still be minutes to beat the unseeded Russian, ranked available for selection, the Board of Control 99th in the world, and pocket $79,780. for Cricket in India. JAN 10 : Cristiano Ronaldo received FIFA’s best The 35-year-old Dhoni is considered one player award for the fourth time, after of India's most successful captains. Dhoni Portugal and Real Madrid won both major captained India in 199 ODIs and 72 T20Is European titles in 2016. He beat runner- and led the country to their second ODI up and rival Lionel Messi and Antoine World Cup in 2011 and into the semi-finals Griezmann to complete a sweep of top of the 2015 World Cup. individual awards. JAN 5 : A dominant India defeated Bangladesh JAN 9 : India U-13 squash player Shreyas Mehta 3-1 to win their fourth consecutive SAFF scripted a remarkable comeback to win the Women’s Football Championship title at the Scottish Junior Open title. Shreyas, who Kanchenjunga Stadium. had earlier won the US junior open, added another title to his kitty with a comeback JAN 5 : In what can be termed as a major boost to from the jaws of defeat to post a five game Indian hockey, the Sahara Group has renewed win over Colombias Juan Jose Torres Lara. its association with Hockey India by signing a sponsorship deal which will run till 2021. JAN 12 : Russian rhythmic gymnast Yana Associated with Indian hockey since 1995, Kudryavtseva has retired from competition Sahara India will be the major partner of the aged just 19 following a brief but dazzling national teams at the junior and senior levels career. Kudryavtseva won 13 world until 2021. championships from 2013 to 2015, making her the early favorite for the all-around gold JAN 7 : Reigning Olympic and world 800m champion medal at the Rio de Janeiro Olympics, but a and world record holder, David Rudisha is foot fracture disrupted her preparations. the International Event Ambassador for the 14th Standard Chartered Marathon JAN 9 : The International Hockey Federation to be held on January 15. (FIH) Executive Board has confirmed the nomination of Indian men's hockey team JAN 9 : Novak Djokovic has won the Qatar Open captain PR Sreejesh to the FIH Athletes' tennis title. In an epic final in Doha, the Committee. Serbian defeated Andy Murray 6-3, 5-7, 6-4. JAN 13 : The Indian national team, under Stephen B NDjokovic missed out on three match Constantine, are ranked 129th in the world, points and had to repel a roaring Murray as per the latest Fédération Internationale comeback before ending the Briton’s de Football Association (FIFA) rankings, 28-match, five-tournament winning streak. published. JAN 9 : Rohan Bopanna and Jeevan Nedunchezhiyan, India currently have a total of 243 points, playing only the second time together, which is higher than their previous figure of notched up a memorable victory in a historic 217. all-Indian doubles final, as they outplayed compatriots Divij Sharan and Purav Raja in JAN 14 : Johanna Konta's preparations for the the Chennai Open. Australian Open began in perfect style as

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she sealed her second WTA Tour title with president owing to the Supreme Court ruling victory at the Apia International in Sydney. on Lodha Committee reforms earlier this month, was elected at the HPOA's Annual The British No 1 made it third time lucky General Meeting. against Radwanska with an emphatic 6-4 6-2 victory at the Ken Rosewall Arena. JAN 23 : won the 2017 Malaysia Masters Grand Prix Gold Women’s Singles JAN 14 : Almost a month after the stepping down of title. Sharad Pawar as its president, the Mumbai Cricket Association nominated its vice Nehwal defeated Thailand’s Pornpawee president Ashish Shelar to fill up the post as Chochuwong by a score of 22-20, 22-20 in its interim chief. a 46-minute clash. It was Nehwal’s 23rd title overall and the first after 2016 Australian JUN 16 : Union Minister for Youth Affairs and Sports Open. Vijay Goel inaugurated national level competitions under the Khelo India scheme JAN 24 : Two of Australia’s greatest top-order at the S.P. More than 1,000 children from 25 batsmen, David Boon and Matthew Hayden states are participating in this event. and the brilliant women’s all-rounder Betty Wilson will be inducted into the Australian JAN 18 : Cricket icon Kapil Dev was inducted into Cricket Hall of Fame (ACHoF) at the 2017 Legends Club 'Hall of Fame' in presence of Allan Border Medal ceremony in Sydney. former India captains Ajit Wadekar, Sunil Gavaskar and Nari Contractor at the Cricket JAN 24 : Former India opener Virender Sehwag Club of India. confirmed his appointment as the head of cricket operations and strategy for Kings XI JAN 20 : Chinese e-commerce company Alibaba has Punjab (KXIP), the Indian Premier League become a major sponsor of the Olympic (IPL) franchise for IPL 2017. Games after signing a deal with the International Olympic Committee (IOC) that JAN 24 : Prolific opening batsman David Warner has runs until 2028. won Australian cricket's top individual prize for the second year in a row, beating skipper Alibaba, which becomes the official Steve Smith and pacer Mitchell Starc for the e-commerce and cloud services partner, joins Allan Border Medal. 12 other companies – including Coca-Cola and McDonald’s – as top Olympic sponsors. JAN 24 : Eying to make the sport professional for female footballers, the All India Football JAN 20 : India registered its 23rd 350+ score in ODI Federation (AIFF) launched the first-ever cricket during the Cuttack ODI against Indian Women's League (IWL) to be held at England, becoming the team with the most the Ambedkar Stadium from January 28 till 350+ totals in the 50-over format. February 14. JAN 20 : Mahendra Singh Dhoni became the first JAN 28 : Beijing Olympics gold-medallist shooter Indian batsman to hit 200 sixes in one-day was appointed chairman of internationals. the re-constituted Target Olympic Podium Dhoni, who relinquished the limited-overs (TOP) Committee, which also has yesteryear captaincy earlier this month, also slammed sprint star PT Usha and badminton great his 10th ODI century in the second match Prakash Padukone among others. of the ongoing series against England in JAN 30 : Olympic silver medallist PV Sindhu has Cuttack. won her maiden women's singles crown at JAN 23 : Former BCCI president Anurag Thakur was the Syed Modi Grand Prix Gold badminton unanimously elected head of the Himachal tournament. Pradesh Olympic Association (HPOA) for a In , top seed Sindhu outplayed four-year term. Indonesia's Gregoria Mariska in the summit Thakur, who had to step down as BCCI clash in straight games 21-13, 21-14.

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in the upper stage of a rocket launch as they Science & Miscellaneous provide the maximum thrust to a launcher News of the Month vehicle. JAN 3 : The list, featured in ABTA’s ‘Travel Trends JAN 2 : According to the Defence Research and Report 2017’, has Kerala in the eighth spot Development Organisation (DRDO) sources — higher than premier destinations like India successfully test-fired its nuclear- the US, South Africa and Vietnam. capable strategic ballistic missile Agni-IV ‘God’s Own Country’ Kerala is the with a strike range of 4000 km as part of a only Indian entry in the list of 12 tourist user trial from a test range off Odisha coast. hotspots brought out by the Association of British Travel Agents (ABTA). JAN 4 : China plans to conduct a “record” number of 30 space launch missions this year in 2017 JAN 4 : Over 30 Indian-origin innovators, entrepreneurs and leaders have been as part of its efforts to expand its ambitious featured in the 2017 edition of Forbes space programme. list of super achievers under the age of JAN 6 : Rare and brief bursts of cosmic radio waves 30 who seek to break the status quo and have puzzled astronomers since they were transform the world. The Forbes list has 30 first detected nearly 10 years ago.Some game changers in 20 industries including healthcare, manufacturing, sports and suggested these mysterious bursts of energy finance. could be a sign of alien life trying to contact us. JAN 7 : The 14th Pravasi Bhartiya Divas (PBD) convention began in Bengaluru. JAN 10 : The rocket Kuaizhou-1A (KZ-1A) has The three-day event kick started with the sent three satellites into space in its first Youth PBD, the theme of which is 'Role of commercial mission. The rocket, carrying Diaspora Youth in the Transformation of the satellite JL-1 and two CubeSats XY-S1 India'. and Caton-1, blasted off from northwestern JAN 11 : A 20-year-old Sikh girl will represent China's Jiuquan Satellite Launch Center at Malaysia at the Miss Universe 2016 finals around 12:11 pm Beijing Time. at Manila. JAN 10 : Indian Space Research Organisation and Kiranmeet Kaur Baljeet Singh Jassal, won French Space agency (CNES) signed a Miss Universe Malaysia title in 2016 and partnership agreement in satellite launch was awarded 'Miss My Dentist Winning Smile' subsidiary title. technology. JAN 14 : An Indian-American student has won a JAN 12 : The Indian Medical Association (IMA) has $5,000 scholarship for writing an essay on launched a country wide campaign "Puchna contribution of dental health on the well- Mat Bhulo" as a part of which it will urge being of children and families in the US. doctors to request relatives or legal heirs, in Arth Patel, a student at the UCLA School case of routine death, for donation of eyes of Dentistry. and organs (in case of brain death). JAN 16 : India has slipped 3 places to 92nd rank on According to government data, 200,000 the global index of talent competitiveness people are wait-listed for kidneys in India 2017 that measures how countries grow, attract and retain talent, a list topped by and 30,000 currently await a liver. Legal Switzerland. donations meet about 3 to 5 per cent of the demand. India's ranking is worst among the five BRICS countries. While China was ranked JAN 28 : ISRO has successfully tested its indigenously at the 54th place, Russian Federation was developed cryogenic engine in a major step placed at 56th, followed by South Africa at forward for its landmark ‘GSLV Mk III’ 67th and Brazil 81st. Last year, India came rocket, scheduled for launch within the first in at 89th on the index. quarter this year. Cryogenic engines are used

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JAN 17 : Faring better than last year, India has JAN 20 : The President of India, Pranab Mukherjee emerged as the most trusted nation in terms inaugurated the 28th Dantan Gramin Mela of its institutions by general population -2017 at Dantan, Paschim Medinipur, West even as there has been a "global implosion Bengal. of trust" worldwide.The Indian government Speaking on the occasion, the President is also the second most trusted after Pranab Mukherjee expressed concern over neighbouring China, according to the 2017 growing tensions and difference of opinion Edelman Trust Barometer released ahead in society. of the World Economic Forum (WEF) annual meet. JAN 21 : In a powerful testament to the warming of the planet, two leading U.S. science JAN 17 : Bollywood Actor agencies jointly declared 2016 the hottest launched famous filmmaker Karan Johar’s year on record, surpassing the previous biography 'An Unsuitable Boy'. record set just last year — which itself had JAN 17 : India features among top six for global topped a record set in 2014. NASA found executives when it comes to overall growth a bigger leap upward of temperatures in prospects over the next 12 months, but 2016, measuring the year as .22 degrees enthusiasm for investing in the country has Fahrenheit higher than the prior record year dropped from three years ago, finds out a of 2015. The agency also noted that since survey. According to the annual global the year 2001, the planet has seen “16 of the CEO survey of consultancy giant PwC, 17 warmest years on record.” released here at the WEF annual meeting, JAN 28 : Aircraft carrier INS Vikramaditya backed the top two markets from the growth point by nuclear submarine INS Chakra besides of view are the US, as voted by 43 per cent fighting assets of the Indian Navy and Coast of respondents, followed by China (33 per Guard have come together in the country’s cent). biggest inter-service Tropex exercise along JAN 18 : Indian passport has been ranked a lowly the western seaboard. 78 in a global ranking of the world's most The navy's annual Theatre Readiness powerful passports of 2017 which was Operational Exercise (TROPEX) got topped by Germany. underway on January 24. India stands at 78th position with a visa-free JAN 30 : Iris Mittenaere from France has been score of 46, ahead of China and Pakistan crowned the new Miss Universe during which are ranked 58th and 94th on the list the 65th edition of the pageant, while Miss respectively. Haiti Raquel Pelissier was named first JAN 19 : According to JLL's fourth annual City runner-up. Momentum Index, Six Indian cities have Iris, 24, is a Parisian native, currently made it to the world's 30 most dynamic pursuing a degree in dental surgery. She places with Bengaluru topping the chart. plans to use her Miss Universe platform to Other Indian cities in the list are Hyderabad advocate for dental and oral hygiene. (5th), Pune (13th), Chennai (18th), Delhi (23th) and Mumbai (25th).

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Appointments of the Rajiv Shah Former USAID head Rajiv J Shah is set to Month be named as president of the Rockefeller Shaikh Rafik Mohammed Foundation, one of America's largest and An Indian-origin Saudi-based entrepreneur, most influential philanthropies, becoming Shaikh Rafik Mohammed has been the youngest person and the first Indian- appointed as Major General of Kyrgyzstan, American to lead the group. a rare military position occupied by an Raheel Sharif Indian in the Central Asian country. Defence Minister Khawaja Asif said that David R Syiemlieh Pakistan's recently retired army chief Gen David R Syiemlieh has been appointed as Raheel Sharif will head the Saudi Arabia- the Chairman of the Union Public Service led 39-nation Islamic military coalition Commission (UPSC) by President Pranab formed to combat terrorism . Mukherjee. Nitin Khandelwal SB Deo All India Gems and Jewellery Trade Air Marshal SB Deo (PVSM AVSM VM Federation (GJF) said it has appointed VSM ADC) paid homage at Amar Jawan Nitin Khandelwal as Chairman and Pramod Jyoti, India Gate before taking over as Vice Agarwal as Vice Chairman for a period of Chief of the Air Staff (VCAS) at Air HQ. two years. On his arrival at the Air Headquarters (Vayu Kumar Sharadindu Bhawan), the Air Marshal was accorded a SBI Pension Funds, a subsidiary of State ceremonial Guard of Honour. Bank of India, has appointed Kumar Preeti Sudan Sharadindu as its managing director and Preeti Sudan, IAS (Andhra Pradesh: 1983) chief executive. assumed charge as Secretary, Department Kalyan Krishnamurthy of Food and Public Distribution in the Flipkart has promoted former Tiger Ministry of Consumer Affairs, Food and Public Distribution on superannuation of Global Management executive Kalyan Vrinda Sarup (IAS). Krishnamurthy as the new chief executive to run the operations of India's largest JS Khehar online retailer. Mr.Krishnamurthy is Justice Jagdish Singh Khehar was sworn replacing co-founder Binny Bansal, who in as the Chief Justice of India (CJI). He has been elevated to the position of Group succeeded Justice Tirath Singh Thakur. CEO. Khehar is the 44th CJI and also the first Sikh to hold the apex office. He would have a tenure of little over seven months. National award winning director Madhur Bhandarkar has been nominated as Karan Bajwa member of the society of Kolkata-based Technology giant IBM has appointed Karan ' Film and Television Institute' Bajwa Managing Director of its India (SRFTI) by the Ministry of Information operations. He succeeds Vanitha Narayana, and Broadcasting. who has been elevated as Chairman of IBM India. Jason Kothari S. Padmanabhan Former Housing.Com CEO Jason Kothari has been roped in by Snapdeal to head Tata Power has said that S Padmanabhan the e-commerce company's strategy and has been nominated as chairman of the investment operations, a day after the board of directors of the company. merger of the realty portal with Prop Tiger. Raj Shah U Thaung Tun U.S. President-elect Donald Trump The Myanmar government has appointed U appointed Indian-American Raj Shah as Deputy Communications Director and Thaung Tun as National Security Advisor. Research Director, a key White House The advisor holds the same status as a position. minister.

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N Chandrasekaran member of FIFA’s all-important finance Natarajan Chandrasekaran, the chief committee for a four-year term. executive officer of India’s largest software Vishal Kaul exporter Tata Consultancy Services, Cab aggregator Ola announced the appointment was appointed chairman of Tata Sons, of Vishal Kaul as its Chief Operating Officer. the holding company of India’s largest Kaul, a PepsiCo veteran who has been with the conglomerate by revenues. company since the start of his career in 1999, Rajesh Gopinathan will head Ola’s operations and strengthen Ola's The board of Tata Consultancy Services market leadership. (TCS) appointed Rajesh Gopinathan as the S Jaishankar new chief executive officer and managing Foreign Secretary S Jaishankar whose tenure director in place of N Chandrasekaran who was to end on January 28 got a one-year has been appointed as the chairman of Tata extension. The nod for the extension of his Sons, effective February 21, 2017. tenure till January 28, 2018 was given by the Ravikumar S Appointments Committee of the Cabinet. Country's second biggest IT firm Infosys Vetri Subramaniam has elevated its President and Chief Mutual fund industry veteran Vetri Delivery Officer, Ravikumar S, as the Subramaniam joined UTI Asset Deputy Chief Operating Officer.He will Management Company (UTI AMC) as report to Infosys COO U B Pravin Rao Group President and Head of Equity. with immediate effect. Derk Segaar Sarath Chand UN Secretary-General Antonio Guterres Lieutenant General Sarath Chand took has appointed a senior Dutch official as over as Vice Chief of Army Staff and head of the world body's information centre paid homage at Amar Jawan Jyoti. Before in New Delhi, covering India and Bhutan. taking over as Vice Chief of Army Staff, Derk Segaar of the Netherlands has been the General officer was commanding South appointed as Director of the United Nations Western Command. Information Centre (UNIC) in New Delhi, Antonio Tajani covering India and the Kingdom of Bhutan. Antonio Tajani of the EPP Christian Mike Pompeo Democrat group has been elected as Mike Pompeo was sworn in as the Director president of the European Parliament in of the Central Intelligence Agency (CIA). a day-long polling series during which he He was administered the oath to office by defeated his socialist opponent. Vice President Mike Pence. Sonny Perdue Nitin Rakesh President-elect Donald Trump has named IT firm Mphasis said it has appointed former Governor of Georgia Sonny Perdue former Syntel chief Nitin Rakesh as its Agriculture Minister, filling in all positions Chief Executive Officer with effect from of his cabinet a day before he takes oath as January 29, 2017. America's next leader. Susan Kiefel Alok Kumar Verma Australia's first female Chief Justice of The government appointed Delhi Police the High Court was officially sworn in Commissioner Alok Kumar Verma as at a ceremony in Canberra.Susan Kiefel, Director of CBI. His name was cleared who replaces outgoing Chief Justice by a three-member selection panel headed Robert French, is the first woman to hold by Prime Minister Narendra Modi and the position in the High Court's 113-year comprising Chief Justice of India Jagdish history. Singh Khehar and Congress leader in Lok Ashok Amritraj Sabha Mallikarjun Kharge as members. Award-winning Hollywood film producer Praful Patel and Wimbledon tennis player Ashok All India Football Federation (AIFF) Amritraj was appointed as UN in India president Praful Patel was appointed Goodwill Ambassador for the SDGs.

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Filmfare Awards 2017 Awards of the Month The 62nd Jio Filmfare Awards have been awarded. got Best Actor for Dangal, Alia Bhatt got Best Actress for Udta Pravasi Bharatiya Divas Award Punjab, Dangal got Best Film around and One of Singapore’s oldest sporting clubs for Nitesh Tiwari got Best Director for Dangal Indians was conferred with Pravasi Bharatiya movie. Samman Award (PBSA) by the President of 2016 TS Eliot Prize India in Benguluru .The award was given British poet Jacob Polley has won the 2016 at the Pravasi Bharatiya Divas (PBD) T.S. Eliot prize for his fourth collection, convention on January 9. The foundation of 'Jackself', a sequence of narrative poems IA was laid by Pandit Jawaharlal Nehru on partly inspired by his childhood in Cumbria. June 17, 1950. People’s Choice Award 2017 Technical Achievement Award Indian actress Priyanka Chopra has won An IIT Kharagpur alumnus, Parag the “Favourite Dramatic TV Actress” at the Havaldar has won the prestigious Technical People’s Choice Award 2017 for her role in Achievement Award (the Scientific & the American drama TV series “Quantico”. Technical Awards prize), popularly called This is the second People’s Choice Award the `Technical Oscar', awarded by the for Priyanka. She bagged her first award in Academy of Motion Pictures and Sciences. 2016 in the “Favourite Actress in a New TV E-governance Award series” category for her role in “Quantico”. National e-Governance award will Golden Peacock Award be conferred upon Gurugram district The Delhi International Airport Limited administration at the 20th national (DIAL) announced that it won the prestigious conference on e-Governance. Golden Peacock Award for Corporate Social US Embassy Honour for TB awareness Responsibility in the aviation transport Megastar has been sector for the year 2016.The award was honoured by the US Embassy to acknowledge presented on 20 January 2017 at a ceremony his immense contribution to the India-US during the 11th International Conference on ties on tuberculosis. Corporate Social Responsibility. Presidential Early Career Awards for Australia’s highest civilian award Scientists and Engineers (PECASE) Three Indian-origin persons-Purushottam US President Barack Obama chose four Sawrikar, Makhan Singh Khangure and Vijay Indian-American scientists for the highest Kumar have been awarded Australia's highest honour given to science and engineering civilian honour 'Order of Australia medal' for professionals in the early stages of their the year 2017. They have been honoured for research careers for keeping the US on their contributions in the field of medicine and the cutting edge by their innovations.The work towards the community. four are part of the list of 102 scientists Ophthalmology Hall of Fame and researchers who are recipients of Dr Gullapalli N Rao, Founder and Chair, L the Presidential Early Career Awards for V Prasad Eye Institute, has been selected as Scientists and Engineers (PECASE). one of two inductees for the prestigious 2017 Laureus Awards Nominations Ophthalmology Hall of Fame instituted Sprint legend Usain Bolt and football superstar by the American Society of Cataract and Cristiano Ronaldo were nominated but his great Refractive Surgery (ASCRS). rival Lionel Messi missed out on the shortlist Guilds top film Award for the Laureus World Sports Awards. Season favourite "La La Land" won the Presidential Medal of Freedom Producers Guild of Americas (PGA) President Barack Obama has awarded Vice Darryl F Zanuck Award for best feature President Joe Biden the Presidential Medal film of 2016.Dustin Hoffman presented the of Freedom, the nation’s highest civilian award at the conclusion of the 28th Annual honour, in a surprise tribute to his White Producers Guild Awards ceremonies at the House partner of 8 years. Beverly Hilton Hotel. www.mahendraguru.com [16] www.mahendraguru.com

Statesman for three decades before taking over as Sports Editor of the Indian Express Eulogies of the Month in 1990. Buddy Greco John Berger Buddy Greco, the popular singer and John Berger, the Booker prize-winning piano player, who started his long career novelist and pioneering art critic, has with Benny Goodman, has died. He was passed away at the age of 90. 90.Born Armando Greco in Philadelphia, H S Mahadev Prasad he was hired at age 16 to sing on tour with Karnataka Cooperation and Sugar Minister Goodmans orchestra. He left the band at 20 H S Mahadev Prasad died at a private resort and returned to singing in nightclubs. in Koppa in Chikkamagaluru district. He Roman Herzog was 58. The former President of Germany Roman Abdul Halim Jaffer Khan Herzog, who pioneered remembrance Renowned player Abdul Halim Jaffer of the Holocaust, passed away in Bad Khan died. He was 88.Conferred with the Mergentheim, Germany. He was 82. Padmashri, and Sangeet K M Philip Natak Akademi awards, Khan hailed K.M. Philip, a whole-time Director of from the Indore Gharana and is credited MRF Ltd and the first Asian to become the for innovating the unique music style of President of the World Alliance of YMCA, 'Jafferkhani Baaj'. died at the age of 104. Chandrakant Chhajed Om Puri, one of the most versatile and Senior Congress leader and former celebrated actors in India, has died at 66. minister Chandrakant Chhajed The Padma Shri-winning actor died of a passed away in Pune. He was 67. heart attack at his home in Mumbai. William Peter Blatty Ustad Fateh Ali Khan William Peter Blatty, the author of the Classical singer Ustad Fateh Ali Khan died. novel The Exorcist and writer of its Oscar- He was 82.Born in 1935 in Patiala, he (at winning big-screen adaptation, has died the age of 12) and his elder brother Amanat aged 89. Ali Khan (at the age of 14) became the Maharaja's chosen singers, at his 'darbar' or Oliver Smithies court. Genetics researcher Oliver Smithies, who won Saral Deb the Nobel Prize for medicine in 2007, died. He was 91.The University of North Carolina at Veteran All India Forward Bloc leader and Chapel Hill announced Smithies' death. former West Bengal minister Saral Deb passed away. He was 82.Deb was the state Surjit Singh Barnala Library Minister from 1977 to 1982 and Former Punjab Chief Minister Surjit Singh held the Cooperative portfolio from 1982 Barnala, who took over reins of the state to 1987. when militancy was at its peak in the mid- Akbar Hashemi Rafsanjani 80s, passed away in Chandigarh. He was 91. Former Iranian president Akbar Hashemi Rafsanjani died at the age of 82, a big blow Tarun Prasad Chatterjee to moderates and reformists deprived now Senior Congress leader and former state of their most influential supporter in the minister Tarun Prasad Chatterjee passed Islamic establishment. away. He was 68.He was elected as member Ramu Sharma of Legislative Assembly for the first time from Raipur rural constituency in 1980 Senior sports journalist Ramu Sharma (on Congress ticket) and then in 1990 (on passed away. He was 81. Sharma worked Janata Party ticket). as a Senior Sports Correspondent with the www.mahendraguru.com [17] www.mahendraguru.com

Eugene Cernan Renowned Urdu poet and lyricist Naqsh Astronaut Eugene Cernan, commander of Lyallpuri died. He was 88.Naqsh was born Apollo 17 and the last man to walk on the as Jaswant Rai in the town of Lyallpur in moon, has died at the age of 82.Cernan, a Punjab (now in Pakistan). He first got Captain in the U.S. Navy, left his mark on break in the 1952 film "Jaggu" with the the history of exploration by flying three song "Agar Teri Aakhon Se Aakhein Mila times in space, twice to the moon. Doon". Geeta Sen Alexander Kadakin Renowned actress Geeta Sen, wife of Russian Ambassador to India Alexander celebrated filmmaker Mrinal Sen, died in Kadakin passed away. He was 67. He served her residence after a month-long illness. as the Minister Counselor of Russia to India She was 86. between 1989 and 1992, but his first term as Russian ambassador to India was between Rachael Heyhoe-Flint 1999 and 2004. Former England women's cricket captain Barbara Hale Rachael Heyhoe-Flint has died at the age of 77, the MCC has announced.Heyhoe- Barbara Hale, a movie actress who found Flint became one of the MCC's first women her most famous role on television as members, and in 2004 was the first woman steadfast secretary Della Street in the long- ever elected on to the club's full committee. running "Perry Mason" series, has died. She was 94. Naqsh Lyallpuri

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IMPORTANT DAYS BIS Bank for International Settlements. BCBS Basel Committee on Banking January 9 Pravasi Bharatiya Divas (Non-resident Supervision Indian Day) BCSBI Banking Codes and Standards Board of January 12 National Youth Day (India) (Birth Day of Swami Vivekanand) India January 15 Indian Army Day CRAR Capital To Risk Weighted Asset Ratio. January 23 Netaji Subhash Chandra Bose’s Birth CRILC Central Repository of Information on anniversary Large Credits January 25 International Customs Duty Day, India CAG Controller and Auditor General. Tourism Day, Indian Voter Day DPG Deferred Payment Guarantee January 26 Republic Day (India) DPN Demand Promissory Note January 28 Data Privacy Day EFTPOS Electronic Funds Transfer At Point Of January 28 Birth anniversary of Lala Lajpat Rai Sale January 30 World Leprosy Eradication Day FIMMDA Fixed Income Money Markets and ABBREVIATIONS Derivatives Association. AD Authorized Dealer. FINO Financial Information Network and ADB Asian Development Bank. Operation Limited

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SPECIAL FEATURES is the third budget. Let us know in the budget and (1) Budget online Education Portal 'Self declared' the economy for the people of India what special announcements were made. Budget 2017-18: Highlights ## The total budget provision of Rs 21.47 lakh crore. ## Rural and agricultural sectors 187 223 crores. ## Micro-irrigation, provision of Rs 5,000 crore to fund. ## By 2019 million to build houses for the homeless target 15% surcharge on income exceeding one crore. ## 50 million 10% surcharge on the income of one crore. ## Farmers have cut lending. ## Loans for farmers Rs 10 lakh crore have been earmarked for. ## 5 years will double the income of farmers, farmers will be focused on enhancing product. ## Agriculture is expected to grow at a rate of 4.1%. February 01, 2017, were introduced in Parliament the # Budget 2017 announcements by the Government of India # Micro-irrigation set for 5 grand crore. for Education and Training Online Education Portal ## MGNREGA would be allocated Rs 48 thousand "self" was announced to be launched. crores. "Self" is a program initiated by the Government of India's ## 5 million in the scheme will be made pond. three basic principles, namely the education policy - ## Homeless people and people living in thatched access, equity and quality have been designed to achieve. houses to concrete houses will be constructed by It developed an indigenous IT platform will be developed 2019, 1 million. by Madhym Snatakottr from the ninth grade class ## The new law will be made to contract farming. teaching facility will provide for all the courses taught in ## 4818 crore for Deen Gram Jyoti program will be the classroom. given. Portal about themselves ## Allocation of Rs 19,000 crore to the Prime Minister's ## Self-platform (platform), Ministry of Human Rural Roads Project. Resource Development (MHRD) or the All India ## No more than three million of the transaction in cash. Council for Technical Education (AICTE) has been ## 3500 km of new railway lines will be laid. created with the assistance of Microsoft in the home. ## The new policy will be brought subway, it will # # All courses and the mutual relational Dayara be easier for investment and construction of new best teachers will be prepared. All courses will be projects. available free to all Indian citizens. ## High Speed Internet for 1 lakh panchayats will be # # Special selected from across the country will build connected to the optical fiber. approximately 1,000 teachers of these courses. ## Service tax on bookings from IRCTC website was # # Students who wish to receive Pramanptrta and terminated. they will be registered with a minimum fee after ## Will run special trains for tourism and pilgrimage. successfully completing the course will receive a certificate. ## Under the PPP model will make the airport in small towns. ## At the end of each course, students will be assessed Madhym of Prokortd Paricsha and the marks obtained (3) Based on the central government for rural app in the examination / grades will be transferred to the launched student's academic record. ## The University Grants Commission (UGC) to specified universities such courses Credit Framework Regulations, 2016, have been issued. (2) Budget 2017-18: Highlights ## Finance Minister Arun Jaitley on 1 February 2017, the 2017-18 budget (Union Budget) introduced in the Lok Sabha. The BJP-led current NDA government

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## In rural areas, poor and illiterate people between India and the United Arab Emirates (UAE) between the central government to promote digital payment January 25, 2017 signed 14 agreements. The aim of these based on the app is launched. Depending on the agreements is to strengthen bilateral relations between application, by means of digital fingerprint Financial the two countries. transaction can be completed. In the presence of Abu Dhabi Crown Prince and Deputy ## Depending on the application you are using, based Prime Minister Sheikh Mohammed bin Zayed Al on the pre-trade version of the payment system is Nahyan these agreements were signed by the Supreme enabled. The password and PIN are required to use Commander. the app, based on the previous card transactions Crown Prince Sheikh Mohammed bin Zayed Al Nahyan online and the option could become prevalent. is also the chief guest at India's Republic Day parade on Using the process - the January 26, 2017. # # Depending on the app, customers simply through Signed agreement- their base number for cashless payment, the payment ## Agreement on Comprehensive Strategic Partnership. is to be the name of the bank and will need to give your fingerprint. ## Memorandum of Understanding (MOU) in the field ## To pay through the app, requiring just a normal of defense industry. Android phone and businessman must find ## Memorandum of Understanding on mutual Biometric device. The market price is around Rs recognition of certificates of competency. 2,000. Depending on the app without a card and PIN ## Memorandum of Understanding on bilateral number will be digital transactions. cooperation in the field of road transport and ## Depending on the app, the Centre for Banco highways. Popular 30-40 per branch ordered traders to enroll. ## Memorandum of Understanding on human trafficking The merchant can provide their customers the prevention and control. convenience of cashless payment. ## Memorandum of Understanding on agriculture and Centre for Promotion of the Scheme allied sectors. ## Based on the central government's plan to encourage ## Memorandum of Understanding for cooperation in app that traders using longer depending on the exchange program. application should be granted incentives. ## Oil storage and management agreement. ## The cost of the central government at the earliest ## Memorandum of Understanding on cooperation in merchant through incentive pay, leaving him more the field of energy efficiency services. time using this medium can provide customers the convenience of cashless payment. ## Business remedial measures to promote cooperation in areas of mutual interest agreement. App based on about- ## MoU on Institutional cooperation in maritime transport. ## Enabled payment system based on grounds other than through digital payment is more secure and (5) Delhi ranked in rapidly changing top 30 cities of simple. the world ## All merchants who use this medium will be registered in the bank and the bank account linked to the card because of their base scope for its misuse will not. (4) 14 agreements signed between India and the UAE

## The changes at the level of technology adoption, to accommodate population growth and the rapid strengthening of global connectivity to cities in the www.mahendraguru.com [21] survey were also taken to Delhi. Among these cities ## According to JLL, the world's most dynamic cities in Bangalore has received the highest position in the terms of the very few places in China has snatched global list. away. ## JLL's top 10 cities in the index Bangalore, Ho Chi CMI's Survey- Minh City, Silicon Valley, Shanghai, Hyderabad, ## CMI survey, 134 cities were assessed on 42 London, Austin, Hanoi, including Boston and parameters. Nairobi. ## In these parameters like City GDP, population, the Key Facts- presence of corporate headquarters, commercial real ## World's 30 most dynamic cities in the list of the estate and building Rents education, invention and country's capital and six other Indian cities are also environment aspects are given priority in the survey. ranked. ## JLL Director (Global Research), according to Jeremy ## JLL's fourth annual City momentum index has kept Kyle 'Civilized half the world's population is in cities the world's rapidly changing cities. now. Nearby, the ratio will increase in decades. The view is absolutely necessary to make cities better ## Momentum Index, India, China, Vietnam and the US equipped. dominated cities. ## According to the report, due to the dynamic labor ## The list of 30 cities in the Asia-Pacific region has market, Chennai, Manila, Delhi and Mumbai has half of the total. helped in their expansion. ## CMI global top 30 in six cities in India. ## All these cities are ranked in 'Emerging Megacities' ## Bangalore, India's technology hub which has reached category. All these cities are facing the challenges the highest position for the first time. in infrastructure and lifestyle. These disparities are ## In other Indian cities Hyderabad is on 5th rank, Pune people's living standards, population pressure and is on 13th rank, Chennai is on 18th rank, Delhi is on pollution problems. 23rd rank & Mumbai is on 25th Rank.

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SUBMARINE ‘KHANDERI’ LAUNCHED

## Khanderi, the second of Indian Navy’s Scorpene’ ## Speaking on the occasion Dr Subhash Bhamre said class stealth submarine, was ‘launched’ by the that Project 75 Kalvari is a key milestone in self Hon’ble Raksha Rajya Mantri, Dr Subhash Bhamre reliance and indigenisation for the country. paving the way for her sea trials. ## Admiral Sunil Lanba, Chief of the Naval Staff said ## Admiral Sunil Lanba, Chief of the Naval Staff and during his address that the fact that Submarine a host of other dignitaries witnessed the launch at ‘’Khanderi” compares with the best in the world, Mazagon Dock Shipyard Limited. speaks highly of the experience and expertise our ## The submarine is expected to be delivered to Navy shipbuilders have gained over the years. by the year end. ## He added that as Indian Navy celebrates Golden ## She has been christened after her illustrious Jubilee of the submarine arm in 2017, the induction predecessor, an erstwhile ‘Foxtrot’ class submarine of Project 75 submarines would mark the beginning decommissioned in 1989, which is as per the of a new chapter in our submarine capabilities. traditions of Indian Navy. ## The launching of Khanderi also marks a critical ## The construction of six Scorpene submarines is milestone event for the Shipyard which earlier has presently being progressed at Mazagon Dock delivered two Shishumar class submarines in the Shipyard Limited (MDL), under Project 75 with 90’s and has now strengthened its position as a Transfer of Technology from M/s DCNS, France as submarine building yard for Indian Navy. the Collaborator. ## Started as a small dry dock facility for East India ## The first of the class submarine, Kalvari is presently Company, MDL has established itself as a forefront undergoing sea trials and likely to be commissioned Defence Public Sector Undertaking, with indigenous into Navy by Mid 2017. construction of several ships and submarines for Navy such as P 15 B Destroyers and P 17 A class # # These submarines, post induction, would form the stealth Frigates being the latest. core of Navy’s conventional Submarine Arm.

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INDIA INX: INDIA’S INTERNATIONAL EXCHANGE

Prime Minister Narendra Modi inaugurated India’s first It will open for trading activity daily at 4 am when international exchange India INX at the International exchanges in Japan open, and close at 2 am when Financial Service Centre (IFSC) of GIFT (Gujarat exchanges in the US close. International Financial Tech) City Gandhinagar, Gujarat. It will have 250 trading members including commodity India INX is a wholly-owned subsidiary of the Bombay and overseas brokers. Stock Exchange (BSE). BSE will be investing around Rs. 500 crore in the It will enable Indian firms to compete on equal footing international exchange over the next three years. with offshore firms. India INX will begin operations with 100 employees. India INX will be the fastest international exchange in India INX is one of the most advanced technology the world in terms of order response time, with a median platforms with turnaround time of 4 seconds. trade speed of four microseconds. It will facilitate international investors and NRIs to trade This is better than BSE's domestic exchange at Mumbai, from anywhere in the world. which has a order response time of six microseconds. It will provide benefits in terms of waiver of security In comparison, the second fastest international transaction tax, commodity transaction tax, dividend exchange at Singapore has an order response time of 60 distribution tax, long term capital gain tax and income microseconds. tax. It will work for 22 hours in a day.

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LUCKY GRAHAK YOJANA and DIGI DHAN LUCKY GRAHAK YOJANA (CONSUMERS) VYAPAR YOJANA ## Daily Reward of Rs 1000 to be Given 15000lucky ## Launched on: 25th December 2016 at Vigyan consumers for a period of 100 days Bhavan New Delhi ## Weekly Prizes worth Rs 1Lakh, Rs 10,000 and Rs ## Objective: The primary aim of these schemes is to 5000 incentivize digital transactions so that electronic ## 3 Mega prizes worth Rs 1 Cr , Rs 50 Lakh , Rs 25 payments are adopted by all sections of the society, Lakh especially the poor and the middle class. ## Eligibility: This will include all forms of transactions ## Duration: The scheme will become operational viz. UPI, USSD, AEPS and RuPay Cards but will for with the first draw on 25th December, 2016 (as a the time being exclude transactions through Private Christmas gift to the nation) leading up to a Mega Credit Cards and Digital Wallets. Draw on Babasaheb Ambedkar Jayanti on 14th April 2017 DIGI DHAN VYAPAR YOJANA (MERCHANTS) ## Criteria: Incentives shall be restricted to transactions ## Weekly prizes worth Rs 50,000 ; Rs 5,000 and Rs within the range of Rs 50 and Rs 3000. All transactions 2,500 between consumers and merchants; consumers and ## 3 Mega Prizes worth Rs 50 Lakh , Rs 25 Lakh and government agencies and all AEPS transactions will Rs 12 Lakh be considered for the incentive scheme. ## Estimated Expenditure: Rs 340 Crore for the first Phase

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IMPORTANT FINANCIAL ORGANIZATIONS IN INDIA & THEIR HEADQUARTERS-I

NAME OF THE ORGANIZATION JARGON ESTD. HQ

Reserve Bank of India RBI 1935 Mumbai

Securities & Exchange Board of India SEBI 1988 Mumbai

State Bank of India SBI 1955 Mumbai

Life Insurance Corporation of India LIC 1956 Mumbai

General Insurance Corporation of India GIC Re 1972 Mumbai

National Bank for Agriculture & Rural Development NABARD 1982 Mumbai

Export Import Bank of India EXIM 1982 Mumbai

Export Credit Guarantee Corporation ECGC 1957 Mumbai

Deposit Insurance & Credit Guarantee Corporation DICGC 1978 Mumbai

The New India Assurance Company Limited NIACL 1919 Mumbai

National Payments Corporation of India NPCI 2008 Mumbai

Banking Codes & Standards Board of India BCSBI 2006 Mumbai

Credit Information Bureau of (India) Limited CIBIL 2000 Mumbai

Credit Rating Information Services of India Limited CRISIL 1987 Mumbai

Bombay Stock Exchange BSE 1875 Mumbai

National Stock Exchange NSE 1992 Mumbai

Metropolitan Stock Exchange (MCX Stock Exchange) MSE 2008 Mumbai

Multi Commodity Exchange MCX 2003 Mumbai

National Securities Depository Limited NSDL 1996 Mumbai

Central Depository Services Limited CDSL 1998 Mumbai

Asset Reconstruction Company (India) Limited ARCIL 2002 Mumbai

Indian Railway Finance Corporation IRFC 1987 Mumbai

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