ISRO launches earth observation satellite, RISAT-2BR1 from Sriharikota

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1.World’s 1st fully electric commercial aircraft takes inaugural test flight in Canada

Signifying the start of the electric aviation age, the world’s first fully-electric commercial aircraft took its inaugural test flight, in Vancouver, Canada.The technology would mean significant cost savings for airlines, not to mention zero emissions.

The range is enough to start the revolution, adding that batteries and electric motors will eventually be developed to power longer flights.

The company designed the plane’s motor and worked in partnership with Harbour Air.

2.International Seminar cum Exhibition on Naval weapon Systems – NAVARMS-19

The fourth edition of International Seminar cum Exhibition on Naval Weapon Systems ‘NAVARMS-19’ is scheduled at Institute for Defence Studies and Analysis, Development Enclave, New Delhi on 12-13 Dec 19.The two day event spread over five plenary sessions will provide opportunity for exchange of ideas, create awareness and identify emerging prospects for Indian/International defence industry in the domain of Naval Weapon Systems.

The theme of this day is to “Make in India – Fight Category: Opportunities and Imperatives”.

NAVARMS is the only international seminar and exhibition on Naval Weapon Systems conducted in the country to invite all the stakeholders in life cycle management of Naval Weapons.

3.NSE launches interest rate options on 10-yr govt bonds

National Stock Exchange launched interest rate options on ten-year Government bonds.The exchange recorded a turnover of 5,926 contracts on the first day of its launch.

Interest rate options will provide institutional investors the ability to manage risk through a non-linear product.

Interest rate options are based on the underlying ten-year government bonds, which are 7.26 per cent 2029 bond and 6.45 percent 2029 bond.

4.MEA to host 6th Indian Ocean Dialogue, Delhi Dialogue XI

Ministry of External Affairs will host the 6th Indian Ocean Dialogue and Delhi Dialogue XI at the Pravasi Bharatiya Kendra in New Delhi on 13th and 14th of this month.For the first time, these two track 1.5 dialogues will be held consecutively and on similar Indo-Pacific themes.

The Indian Ocean Dialogue will take place on 13th December and the theme is “Indo-Pacific: Re-imagining the Indian Ocean through an Expanded Geography”.

The theme for this year’s Delhi Dialogue is “Advancing Partnership in Indo-Pacific”, and is being organized with the assistance of the Research and Information System for Developing Countries.

5.India among top 10 countries with higher climate performance

India, for the first time, ranks among the top 10 in this year’s Climate Change Performance Index (CCPI) released at the COP25 climate summit in Spanish capital Madrid.The current levels of per capita emissions and energy use in India ranked 9th in the high category showing that emissions are still comparatively low.

India’s 2030 renewable energy target is rated very high for its well-below 2 degrees Celsius compatibility.

As none of the countries assessed is already on a path compatible with the Paris climate targets, the first three places of the ranking remain unoccupied.

While some EU countries such as Sweden (4th) and Denmark (5th), one of the best climbers, achieve overall high or very high ratings.

China, the largest global emitter slightly improves its ranking in the index to 30th place.

6.ISRO launches earth observation satellite, RISAT-2BR1 from Sriharikota

The ISRO (Indian Space Research Organisation) launched its earth observation satellite, RISAT-2BR1 on PSLV-C48 from the First Launch Pad (FLP) of Satish Dhawan Space Centre, Sriharikota.RISAT-2BR1, a Radar imaging earth observation satellite weighing about 628 kg, will be placed into an orbit of 576 km at an inclination of 37 degrees.

PSLV-C48, which is the 50th mission of PSLV, will also carry 9 customer satellites of Israel, Italy, Japan and the USA as co-passengers.

These international customer satellites are being launched under a commercial arrangement with NewSpace India Limited.

7.Dhanlaxmi Bank’s Board appoints V Viswanathan as additional director

V Viswanathan has been appointed as an Additional Director on the Board of Dhanlaxmi Bank with effect from December 09, 2019.Viswanathan retired as Chief General Manager of State Bank of Hyderabad in 2017.

The Bank had appointed G Venkatanarayanan as Additional Director with effect from October 31, 2019, holding office upto the date of the next Annual General Meeting.

8.Ethiopia’s PM receives Nobel Peace Prize

Ethiopia’s Prime Minister Abiy Ahmed has received the 2019 Nobel Peace Prize for his efforts to achieve international peace and cooperation.This year’s Nobel Peace Prize was the 100th to be awarded.

The Nobel Peace Prize consists of a diploma, a gold medal and a cheque for 9 million Swedish kronor (850,000 euros).

The Nobel Committee announced in October it was honouring Abiy Ahmed for his efforts to resolve the long-running conflict with neighbouring for Eritrea.

9.National award for outstanding services in the field of Prevention of Alcoholism and Drug Abuse

Department of Social Justice and Empowerment has started the scheme of National award for outstanding services in the field of Prevention of Alcoholism and Drug abuse.The scheme is applicable to institutions and individuals working in the field of prevention of alcoholism and drug abuse.

The national award will be presented to the awardees on the occasion of International Day against Drug Abuse and Illicit Trafficking on 26th of June next year.

10.13th South Asian Games concluded in Nepal

13th South Asian Games concluded in Nepal.Thousands of sports lovers witnessed gala closing ceremony held at historic Dasaratha Rangshala in Kathmandu.

India finished on top with 312 medals comprising 174 gold, 93 silver and 45 bronze.