12th December 2014 - Important Current Affairs updates

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Books & Authors

• Prime Minister Narendra Modi, today launched "Born Again on the Mountain", a book by Ms Arunima Sinha, the first female amputee and first Indian amputee to climb Mount Everest.

Awards & Honors

• Indian students win 6 Gold Medals at International Junior Science Olympiad, IJSO in Mendoza (Argentina).
• Team India also bagged the Country Winner medal.

National Affairs

• United Nations declares 21st June as 'International Day of Yoga'.
• The UN General Assembly last night adopted a resolution in this regard with a record number of 175 country as co-sponsors.
• The idea for declaring an International Day of Yoga at the United Nations was formally proposed by the Prime Minister Narendra Modi during his maiden address to the General Assembly on 27th of September this year.
• Sikkim Chief Minister Pawan Chamling who is serving his fifth consecutive term, completes 20 years in office today
• Maharashtra Chief Minister Devendra Fadnavis today gave nod for the investigation against former deputy chief minister Ajit Pawar and former water resources minister Sunil Tatkare in the alleged multi-crore irrigation scam in Maharashtra.
• The probe will also extend to roles of all contractors and officials involved in the irrigation scam.
• CBI arrests West Bengal Transport Minister Madan Mitra in Saradha chit fund scam
• Chief Minister Mamata Banerjee refuses to accept his resignation.
• Former Jharkhand Chief Minister Madhu Koda and seven others charge sheeted by CBI in a coal blocks allocation scam case.
• The government has initiated the process to amend the Consumer Protection Act to safeguard buyers from online frauds in e-commerce
• The Indian Government is seriously considering implementing 'one rank one pension policy', Defence Minister Manohar Parrikar said today. 
• Official announcement will be out in 4 to 8 weeks.
• 19th International Film Festival of Kerala (IFFK) began in Thiruvananthapuram today;
• This will showcase works of over 20 women directors

Business & Economy

• Rosneft of Russia, the world’s largest public sector oil and gas company, and Essar Global Fund Ltd., an investment fund of the diversified Essar group, have signed key terms of oil and oil products supplies to Essar’s refineries.
• These Supplies are likely to begin in 2015.
• With the government indicating that it would not continue to fund public sector banks (PSBs), State Bank of India (SBI) Chairman Arundhati Bhattacharya today said that they could look at issuing shares with differential voting rights to raise funds to meet the Basel-III capital adequacy norms.

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