THE NEW RBI
GOVERNOR
PROMISES
BOLD
REFORMS

TOKYO TO HOST 2020 OLYMPIC GAMES

China’s population grows to 1.41 billion
China’s population has grown at its slowest pace in decades. The average annual growth rate was 0.53% over the past 10 years, down from a rate of 0.57% between 2000 and 2010, bringing the population to 1.41 billion. The pool of potential workers aged 15 to 59 shrank to 894 million. China conducts a census every ten years to determine population growth, movement patterns and other trends. The sensitive data plays a major role in government policy planning. Beijing had changed family planning rules in 2016 to allow families to have two children as fears grew about China’s fast-ageing population and shrinking workforce.

Facebook CEO Zuckerberg buys 600 acres of land in Hawaii
Facebook’s billionaire CEO Mark Zuckerberg and his wife Priscilla Chan have bought 600 more acres of land in Hawaii for $53 million (over ₹391 crore). This brings the total land holdings in Hawaii by Zuckerberg, who already owns land there, to more than 1,300 acres. The latest purchase in the island of Kauai includes land fronting Larsen’s Beach.

Australia to send 500 ventilators, 1M surgical masks & other supplies to India
The Australian government has said that it will provide emergency medical supplies to India amid a surge in coronavirus cases here. Australia said it will ‘rapidly deploy’ 500 non-invasive ventilators in India, with a capacity to deploy up to 3,000 ventilators. It will also send “a significant package” of personal protective equipment (PPE) including one million surgical masks.

India to start vaccinating all adults over 18
India has widened its vaccination programme as infections surge and the capital goes into lockdown. All adults over the age of 18 will be offered a coronavirus jab starting from 1 May. Three vaccines were initially approved for use in India - two manufactured by Indian companies Serum Institute and Bharat Biotech, and the third Russia’s Sputnik V. Since then, it has said that vaccines approved for use in other countries could also be used in India.

France moves to ban short-haul domestic flights
French lawmakers have moved to ban short-haul internal flights where train alternatives exist, in a bid to reduce carbon emissions. Airlines around the world have been severely hit by the coronavirus pandemic, with website Flightradar24 reporting that the number of flights last year were down almost 42% from 2019.

Russian President Putin signs law allowing him to stay in power till 2036
Russian President Vladimir Putin has signed into law, a change to the country’s constitution that will allow him to run for two more six-year terms, granting himself the chance to remain in power until 2036. The Russian leader, 68, has already run the country for more than two decades, and with his recent crackdown on political opponents and civil society, he has made it clear that there’s little room for dissent. The constitutional amendment was approved by referendum last year. The 68-year-old has already been in power for more than two decades. Prior to the new law, Putin would have been required to step down after his fourth and current term in 2024.

China sets sights on Middle East
China and Iran have signed a deal over the weekend that their foreign ministers said was designed as a strategic partnership to last for the next quarter of a century. China, in defiance of American sanctions, will buy Iranian oil. It will, in turn, invest some of its wealth in Iran. Sanctions have starved Iran of foreign investment. It is the latest extension to China’s vast infrastructure project, the Belt and Road initiative, which is creating the connections Beijing needs to continue its expansion as a global power. China believes that the US is in a long-term, irreversible decline. It sees itself as the world’s rising power of the 21st Century and beyond. A power of that magnitude cannot ignore the Middle East.

Apple Co-founder Steve Jobs’ job application sells for 1.6 crore 
A single page job application written by Apple Co-founder Steve Jobs in 1973 has been sold for 1,62,000 GBP (1.6 crore). The questionnaire is believed to have been written around the time Jobs dropped out of Reed College. In the application, Jobs mentioned English Literature as his major and “electronic tech or design engineer – digital” as his special abilities. Steve Jobs memorabilia items typically fetch a high price at auction as anything related to the late Apple co-founder is valued immensely by people around the world. A copy of the Fortune magazine signed by Jobs had a minimum bid of $11,000 in an auction last A copy of the Newsweek magazine dating back to October 1988 and signed by Jobs sold for more than $50,000 at an auction in 2017year.

Female Directors Break Record for Most Nominations in One Year
For the first time in the Academy Awards’ nearly century-old history, more than one female director has been nominated in the best director category. Directors Chloé Zhao (Nomadland) and Emerald Fennell (Promising Young Woman) were both nominated in the best director category for the 93rd Academy Awards, with Zhao also becoming the first nonwhite woman to be nominated. In total, only five women have been nominated in the best director category. The first was Lina Wertmüller in 1977 for Seven Beauties, followed by nominations for Jane Campion (The Piano, 1994), Sofia Coppola (Lost in Translation, 2003), Kathryn Bigelow (The Hurt Locker, 2010) and Greta Gerwig (Lady Bird, 2018). Bigelow is the first and only woman to win in the category.

Chinese beauty app becomes first major company to buy Ethereum
Meitu, a Chinese company that makes a photo editing app, has purchased bitcoin and ether, becoming the latest firm to buy cryptocurrencies. Meitu follows the likes of electric car company Tesla and Square in purchasing bitcoin. But the Chinese appmaker appears to be the first major company to buy ether, a cryptocurrency that works on the ethereum blockchain. Meitu has also bought 379.1 Bitcoins for $17.9 million. The purchase is the first tranche of Meitu’s plan to buy up to $100 million worth of cryptocurrency. Bitcoin is based on its own blockchain, the technology that underpins it. Ethereum is a completely different network. It’s an open-source blockchain that allows developers to build apps on top of it. The cryptocurrency ether can be used to pay or interact with services built on top of the ethereum network. These are often called decentralized applications or dApps.

Jack Ma loses title as China’s richest man
Jack Ma, the embattled co-founder of Alibaba Group Holding Ltd. , has lost his title as China’s richest person after the billionaire’s business empire came under regulatory scrutiny. Ma and his family had held the top spot for China’s richest in the Hurun Global Rich List in 2020 and 2019 but now trail in fourth place behind bottled water maker Nongfu Spring’s Zhong Shanshan, Tencent Holding’s Pony Ma and e-commerce upstart Pinduoduo’s Collin Huang. China’s current richest man, Zhong, made his first appearance at the top spot with a fortune of 550 billion yuan ($85 billion), largely thanks to the share price performances of Nongfu Spring and vaccine maker Beijing Wantai Biological Pharmacy Enterprise, which he also controls.

Pfizer vaccine found 94% effective in first big real-world test
The first big real-world study of the Pfizer/BioNTech vaccine to be independently reviewed shows the shot is highly effective at preventing Covid-19, in a potentially landmark moment for countries desperate to end lockdowns and reopen economies. Up until now, most data on the efficacy of Covid-19 vaccines has come under controlled conditions in clinical trials, leaving an element of uncertainty over how results would translate into the real world with its unpredictable variables. The research in Israel - two months into one of the world’s fastest rollouts, providing a rich source of data - showed two doses of the Pfizer shot cut symptomatic Covid-19 cases by 94 per cent across all age groups, and severe illnesses by nearly as much.

5 Indian-origin persons feature in TIME magazine’s list
Five Indian-origin personalities, including Twitter’s top lawyer Vijaya Gadde and UK’s finance minister Rishi Sunak, and an Indian activist have featured in TIME magazine’s annual list of 100 “emerging leaders who are shaping the future”. Other Indian-origin personalities on the list are Instacart founder and CEO Apoorva Mehta, doctor and Executive Director of nonprofit Get Us PPE Shikha Gupta and founder of nonprofit Upsolve Rohan Pavuluri. Bhim Army chief Chandra Shekhar Aazad is also on the list.

UAE launches historic first mission to Mars
The United Arab Emirates is celebrating its first mission to Mars. It has put a probe called Hope in orbit around the planet, making it only the fifth spacefaring entity to do so after the US, the Soviet Union, Europe and India. The spacecraft, which left Earth seven months ago, had to make a braking manoeuvre to be sure of being captured by Mars’ gravity. Hope is the UAE Space Agency’s first major mission. It aims to orbit the red planet for a full Martian year (about two Earth years) and create a comprehensive map of the planet’s climate.The mission team includes 150 Emirati engineers and 200 engineers and scientists. The Hope probe is built from aluminum in a honeycomb structure with a composite face-sheet. With a mass of 1,350 kg including the propellant, the overall size and dimensions of the probe is comparable to a small car.

The nominees for Best Actor & Best Actress  at Golden Globes 2021
The Best Actor nominees in Motion Picture (Drama) at Golden Globes 2021 include Riz Ahmed, Chadwick Boseman, Anthony Hopkins, Gary Oldman and Tahar Rahim. Moreover, Sacha Baron Cohen, James Corden, Lin-Manuel Miranda, Dev Patel and Andy Samberg have been nominated in the Motion Picture (Musical/Comedy) category. Cohen has also been nominated in Best Supporting Actor (Motion Picture) category. The nominees for Best Actress (Drama) at the 78th Golden Globes include Viola Davis, Andra Day, Vanessa Kirby, Frances McDormand and Carey Mulligan. Actresses who’ve been nominated in the Musical/Comedy category are Maria Bakalova, Kate Hudson, Michelle Pfeiffer, Rosamund Pike and Anya Taylor-Joy. It’ll be held on February 28, 2021, and will be hosted by Tina Fey and Amy Poehler.

Lt Gen Chandi Prasad Mohanty to take over as new Army Vice-Chief 
Lieutenant General Chandi Prasad Mohanty will assume the charge of the next Army Vice-Chief on February 1. The 1982-batch officer from the Rajput Regiment, who is presently the Southern Army Commander, will succeed Lieutenant General SK Saini on his superannuation. Lieutenant General Mohanty has vast operational, logistics and administrative experience in varied command and staff appointments. Lieutenant General Mohanty has served across a wide spectrum of terrain and conflicts, along the fronts with both Pakistan and China. He has also been a part of the counter-terror operations in the Northeast and Jammu and Kashmir.

Joe Biden becomes the 46th President of the United States
Biden, 78, has become the oldest US president in history, ending one of the most dramatic political transitions in American history. He was sworn in at a scaled-back ceremony in Washington due to coronavirus and  security concerns following the January 6 assault on the US Capitol by Trump supporters. Creating history, Kamala Harris, the daughter of immigrants from Jamaica and India, has become the first Black person, first woman, and first Asian American to serve as vice president. Donald Trump is the first president who did not attend his successor’s inauguration since 1869.

Trump becomes the first President in US history to be impeached twice
Donald Trump has become the first President in US history to be impeached twice as the Democratic-controlled House of Representatives formally charged him with “incitement of insurrection”. Ten Republicans joined Democrats to impeach Trump by 232-197. He will now face a trial in the Senate, where if convicted he could face being barred from ever holding public office again.

Amazon overtakes Boeing as Washington state’s largest private employer 
Amazon has become Washington state’s largest private employer, overtaking airplane manufacturer Boeing. Amazon has added 16,500 Washington-based jobs, bringing its total to 80,000 in the state. In comparison, Boeing has ended 2020 with 58,800 employees, an 18% reduction since the start of 2020. Boeing has reportedly also been the state’s largest employer post-World War II.

India to play vital role in equitable distribution of COVID-19 vaccines 
With vaccine rollout beginning in some countries, the world ravaged by the COVID-19 pandemic is looking to India for the large-scale production and supply of coronavirus vaccines as it enters 2021. As the pandemic hit the world in 2020, Indian pharma industry rose to the occasion and was able to manufacture and maintain supply chains even during the lockout period, and exported medicines such as HCQ and paracetamol to more than 150 countries, keeping its image of ‘’Reliable Pharmacy of the World’’. The world is again looking at India as a beacon of hope to manufacture and supply the huge number of vaccines needed to tackle the pandemic.

The world’s highest-paid YouTubers of 2020  
For years, it’s been clear that YouTube can be a major money-maker for its stars. 2020, however, brought a new level of riches to its top personalities. Forbes estimated that the platform’s celebrities brought in over $200 million from June 1, 2019 to June 1, 2020, representing a 30% jump from the previous year. Nine-year-old toy reviewer Ryan Kaji, who made 217 crore in a year from his channel, retained the title of world’s highest-paid YouTuber. He is followed by newcomer MrBeast (Jimmy Donaldson) with 177 crore earnings and sports-entertainment group Dude Perfect at 169 crore. Rhett and Link were placed fourth (147 crore) and Markiplier was ranked fifth (144 crore).

Boris Johnson Will Be Republic Day Chief Guest
Prime Minister Boris Johnson has accepted India’s invitation to be the chief guest at Republic Day on January 26 – the second UK prime minister to attend the event after John Major in 1993 – and has invited India to join the UK’s G7 summit next year.Johnson will travel to India in January 2021 to strengthen a key strategic relationship which supports jobs and investment across the UK as part of his first major bilateral visit since taking office, and the first since the UK’s departure from the EU. The UK and India are significant investors and markets for each other’s economies and our growing trade and investment relationship is worth around £24 billion a year, supporting more than half a million jobs.

The second nation to plant flag on the Moon
China has made history in becoming only the second country to plant a flag on the surface of the moon, with help from the Chang’e 5 lander.
After the United States and Russia, China would be the third nation to bring rocks back from the Moon. The flag, representing China, is 2 m wide and 90 cm tall.The Chinese lunar mission is a complex one as it consists  of four main spacecraft that will work together to bring between 2 to 4 kilograms of lunar dirt back to Earth. You might be wondering why the need arose to send another lunar mission when man had already stepped on the Moon in 1969. The US planted the first flag on the Moon during the manned Apollo 11 mission in 1969. Five further US flags were planted on the lunar surface during subsequent missions up until 1972.

US maintains ban on phone calls during flights
The Federal Communications Commission has killed a proposal to allow in-flight voice calls via mobile phones, ending its examination of an idea that provoked fears of air rage from passengers trapped beside jabbering seat mates. The FCC in 2013 had  proposed allowing mobile telephone conversations above 10,000 feet, adopting practices followed in Europe and elsewhere, where in-flight voice calling is more common, but the proposal led to strong and immediate pushback. Restrictions on in-flight calling were put in place to prevent interference with flight controls, radios and navigation equipment.

16-yr-old US girl becomes the world’s first to hit 100 mn followers on TikTok
America’s 16-year-old dancer Charli D’Amelio has become the world’s first person to hit 10 crore or 100 million followers on TikTok. Charli, the world’s most-followed person on TikTok, started posting on TikTok in May 2019. She now has more than twice the number of TikTok followers as actor Will Smith and three times the number of followers as Dwayne Johnson.

Musk  becomes the world’s 3rd richest
Billionaire and SpaceX Founder Elon Musk is all set to become the third-richest person in the world, surpassing Facebook CEO Mark Zuckerberg. Musk’s wealth has jumped $90 billion this year, the biggest gain on the ranking of the world’s 500 richest people. Amazon Chief Jeff Bezos has been one of the biggest wealth gainers in 2020, with company stock gaining a staggering 86 percent since the start of the year. Bezos is followed by Bill Gates, whose net worth has reached $124 billion.

Joe Biden wins US election
Joe Biden has been elected the 46th president of the United States, achieving a decades-long political ambition and denying Donald Trump a second term after a deeply divisive presidency defined by a once-in-a-century pandemic, economic turmoil and social unrest. Trump is the first incumbent to lose re-election since 1992, when Bill Clinton defeated George HW Bush. With a turnout projected to reach its highest point in a century despite the pandemic, a fearful and anxious nation elected a candidate who promised to govern not as a Democrat but as an “American president” and vowed to be a unifying force after four years of upheaval.

Biden breaks Obama’s record for most votes for any US presidential candidate
Democratic presidential nominee Joe Biden has received the most votes for any presidential candidate in US history. With more than 72 million votes so far, Biden has broken the record previously set by former President Barack Obama, who received about 69.5 million votes in 2008. Votes for Biden represented 50.4% of the total number of votes counted so far. When Trump lost the popular vote but won the Electoral College four years ago, he amassed 62,984,828 votes or 46.09 percent of those cast. Former Democratic presidential nominee Hillary Clinton, meanwhile, amassed 65,853,514 votes, which was 48.18 percent of the popular vote.

Instagram & Facebook Messenger’s Cross-Messaging Introduced in India
Facebook  Messenger  is getting a visual update and a number of new features, including support for chat themes, custom reactions and, soon, selfie stickers and vanish mode. The changes are a part of Facebook’s overhauled messaging platform, announced in late September, which introduced the ability for Instagram users to communicate with people on Facebook for the first time. The integration also brings 10 features, that were previously exclusive to Facebook Messenger, to the Instagram app. Messenger users won’t need to take action to gain the new feature set either. These will also be rolled out to users automatically, as they become available in the user’s region.

Who is ahead - Trump or Biden?
The 2020 United States presidential election is scheduled for Tuesday, November 3, 2020. It will be the 59th quadrennial presidential election. Voters will select presidential electors either giving Mr Trump another four years or handing over the keys to the White House to Mr Biden who in turn will vote on December 14, 2020, to either elect a new president and vice president or re-elect the incumbents Donald Trump and Mike Pence respectively. The Republican president is being challenged by Democratic Party nominee Joe Biden, who is best known as Barack Obama’s vice-president but has been in US politics since the 1970s. As election day approaches, polling companies will be trying to gauge the mood of the nation by asking voters which candidate they prefer.

May 14, 2021

May 07, 2021

April 30, 2021

April 23, 2021

April 16, 2021

April 09, 2021

April 2, 2021

March 26, 2021

March 19, 2021

March 12, 2021

March 05, 2021

February 26, 2021

February 19, 2021

February 12, 2021

February 05, 2021

January 29, 2021

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Young Minds - September 12 2013

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