International Current Affairs
  • Finland became the first country in Europe to trial a project to pay unemployed citizens a basic monthly income of €560 (around ₹40,000), in a move to reduce poverty and boost employment.
  • The Chinese navy today confirmed that its sole aircraft carrier Liaoning conducted military drills and helicopter exercises in “complex sea conditions” in the South China Sea.
    • China has termed the drills a routine exercise within international law.
    • This comes days after Taiwan claimed the carrier had passed south of the island amid rising tensions between the two countries.
       current affairs as on 3rd jan 2017
  • India has ranked third among the countries offering the highest average annual salary to expatriates, according to HSBC Holdings data.
    • Switzerland topped the list with an average salary of $188,275 a year.
National Current Affairs
  • The 14th annual overseas Indians’ gathering called “Pravasi Bharatiya Divas” will be held in Bengaluru from January 7-9.
    • This will be inaugurated by Prime Minister Narendra Modi,.
    • Note : The convention has traditionally been held on January 9 to commemorate the return of Mahatma Gandhi as ‘Pravasi’ from South Africa to India.
  • Rajasthan government is going to distribute contraceptives and vanity kits to newly married couples in 14 districts where Total Fertility Rate (TFR) is high.
    • The kit would contain condoms, oral contraceptives, pregnancy testing kits and a vanity pouch with things like nail cutter, towels and bindis.
    • Note : TFR is the average number of children born per woman during her reproductive life.
  • The ongoing All India Police Equestrian Championship and Mounted Police Duty Meet has been named after the deceased police horse Shaktiman.
    • Shaktiman was injured in an attack by BJP MLA Ganesh Joshi in Dehradun and died a few weeks later.
New Appointments
  • Anshu Jain, the former co-CEO of Germany’s largest lender Deutsche Bank has now joined smaller financial services firm Cantor Fitzgerald.
    • Jain will bring decades of work experience in the financial services industry and will join Cantor CEO Howard Lutnick.
Deaths
  • Karnataka State Minister for Cooperation HS Mahadeva Prasad (58) passed away .
    • He was a five-term member of the Karnataka Legislative Assembly.
Banking & Economic Affairs
  • HDFC bank has launched a chatbot service called ‘OnChat‘ to allow users to make payments through Facebook Messenger.
    • The chatbot will allow users to recharge their phones, pay electricity and DTH bills, and even book Uber and Ola taxis.
  • Bombay Stock Exchange (BSE) today received approval from markets regulator Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO).
    • With this IPO, the stock exchange expects to raise over ₹1,200 crore.
    • BSE had filed a draft prospectus for the IPO in September, seeking to list its shares on National Stock Exchange (NSE).
  • To remove dependency on banks, Paytm has added Unified Payment Interface (UPI) support to its app allowing users to transfer money to their digital wallet with their UPI id.
    • Developed by the government-backed corporation, the UPI framework for online transactions supports at least 27 banks.
    • This comes a week after SBI disabled the option to transfer money to Paytm.
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