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Appointments :
- Sushil Koirala is set to become Nepal’s next Prime Minister after being
elected on 26 Jan as the Parliamentary Party leader of the Nepali
Congress, which emerged as the single largest party in the Constituent
Assembly elections.
- Hery Rajaonarimampianina : New president of Madagascar
- U.S. President Barack Obama has nominated Vice Admiral Michael Rogers, a
Navy cyber-warfare specialist to be the next Director of the National
Security Agency
Resignations/Retirements
Obituaries
Awards
- Susanne Hoeber Rudolph, the William Benton Distinguished Service
Professor Emerita at the University of Chicago, and Lloyd I. Rudolph,
Professor Emeritus of Political Science at the University of Chicago,
will each receive the Padma Bhushan, the third highest civilian award in
India.Three Indian-Americans — Ashok Kumar Mago, Dr Siddharth Mukherjee and Dr. Vamsi Mootha — will receive the Padma Shri awards.
- Grammy Awards : Daft Punk, a French duo who hide their faces under robot-like helmets
and have become elder statesmen of electronic dance music, won four
prizes, including album of the year for Random Access Memories and
record of the year for Get Lucky, their ubiquitous hit with Pharrell
Williams and Nile Rodgers.
Sports
- Stanislas Wawrinka beat an injured Rafael Nadal 6-3, 6-2, 3-6, 6-3 in Australian Open final which will take the Swiss to third in the world.
International
- After decades of dictatorship and two years of arguments and
compromises, Tunisians have a new constitution laying the foundations
for a new democracy.An entire chapter of the document, some 28 articles, is dedicated to
protecting citizens’ rights, including protection from torture, the
right to due process, and freedom of worship. It guarantees equality
between men and women before the law and the state commits itself to
protecting women’s rights. Tunisian President Moncef Marzouki and outgoing Prime Minister Ali Larayedh signed the document
- Karzai’s government has presented evidence of dubious authenticity in an attempt to substantiate U.S. collateral damage in Afghanistan to avoid signing the bilateral
security agreement (BSA) with the United States – an agreement that
would grant a legal basis for U.S. troops to remain in Afghanistan after
2014.
- Ukraine’s President Viktor Yanukovich has offered the post of Prime Minister to one of the opposition leaders Arseny Yatsenyuk , in apparent effort to head off mounting violent protests against his rule. #ukraine Crisis
- India and Japan signed 8 pacts and was an effort for continuing efforts in the direction of security,political and defense ties.More
- The 13th edition of joint exercise by the Indian Coast Guard
and its Japanese counterpart held approximately at 20 nautical miles off
Kochi. The bilateral exercise titled ‘Sahayog-Kaijin 2014’ was successfully conducted by both the countries.
- Teenage activist Malala
Yousafzai’s bestselling book I am Malala cannot be discuss in her native province as the Khyber Pakhtunkhwa
provincial government stopped the University of Peshawar from holding a
programme on it.
Reason :
- Public
protests started in December 2013 over President Viktor Yanukovych’s
decision to abandon a deal with the European Union in favour of aid and
natural gas agreements with Russia.
Effects
- Ukraine’s Prime Minister Mykola Azarov tendered his resignation in order to facilitate “peaceful settlement” of the political crisis even as the Parliament repealed the harsh anti-protest laws that triggered violent anti-government protests in Jan 2014
President took Steps :
- Ukraine’s President Viktor Yanukovych has signed into law repeal of anti-protest laws and a controversial amnesty for protesters.
- The
opposition supported the bill scrapping harsh anti-protest laws which
had triggered violent clashes with police last week, but rejected the
amnesty bill because it was conditional on protesters vacating
government offices they seized in the capital Kiev and other cities.
- Mr.
Yanukovych has softened his position by putting an amnesty for
protesters through Parliament and by offering the prime ministership and
deputy prime ministership to the respective opposition leaders, Arseny
Yatsenyuk and Vitali Klitschko. But the opposition parties are furious
that the amnesty requires the protesters to vacate the occupied
buildings, and the offer of political posts has been rejected.
Introduction :
- To avoid friction between employers and the workmen employed in the company.
- Steps taken by the central government to enact Industrial employment (Standing Orders ) act 1946 with a view to protect workmen.
Objectives
- This order regulates the conditions of employement , grievances,misconduct etc of the workers employed.
Procedure for the approval of Standing Orders :
- Procedure for the submission of Draft Standing orders {Section 3}
- Procedure for the conditions for certification of Standing Orders{Section 4}
- Procedure for certification for Standing Orders(Procedure for Adoption){Section 5}
- Appeals{Section 6}
- In economics, foreign portfolio investment is the entry of funds into a country where foreigners make purchases in the country’s stock and bond markets, sometimes for speculation.
- It is a usually short term investment (sometimes less than a year, or with involvement in the management of the company), as opposed to the longer term Foreign Direct Investment partnership (possibly through joint venture), involving transfer of technology and "know-how".
- Foreign Portfolio Investment (FPI): passive holdings of securities and other financial assets, which do NOT entail active management or control of the securities's issuer
- FPIs bring together all the three investment categories — foreign institutional investors (FIIs), their sub-accounts and qualified foreign investors (QFIs).
- The Central Board of Direct Taxes has notified that the new class of investors, FPIs, would be treated as FIIs under the Income Tax Act, 1961
Jan 2014
- The government has said that foreign portfolio investors (FPIs) will attract uniform tax rate across categories.
- It will be beneficial to QFI.
- Under the new norms, FPIs have been divided into three categories as per their risk profile and the KYC (Know Your Client) requirements, and other registration procedures would be much simpler for FPIs compared to the current practices.
- MNREGA will help implement direct benefit transfers.
- MNREGA has brought momentum in the financial inclusion of our rural
population. More than four crore accounts have been opened in banks
while more than that have been opened in post offices. These accounts
will assist us in reaching the incentives of the Direct Benefit Transfer
Scheme to the rural population
Appointments :
- The Madhya Pradesh government constituted a judicial commission headed by Rakesh Saxena to probe the stampede at Ratangarh in Datia district on October 13.
Books
- RICHARD DAWKINS : An Appetite for Wonder
International
- India has moved from 65 to 63 in the Global Hunger Index, making a marginal improvement since 2012, but continues to languish far behind other emerging economies. The score for the country improved slightly from 22.9 in 2012 to 21.3 this year. As has been the trend, within SAARC countries too, India continued to trail behind Pakistan and Bangladesh on the index.The index is prepared by the International Food Policy Research Institute along with Welthungerhilfe and Concern Worldwide.
- Pre-COP (Conference of Parties), is organised to firm up the agenda for the meeting, where all member-countries of the UN Framework Convention on Climate Change gather held at POLAND.
- Typhoon Wipha, packing winds of 140 kilometre per hour (km/hr), is moving towards north Tokyo where the crippled Fukushima Nuclear Power Plant lies
