One liners 21st December

• Sri Lanka’s President Maithripala Sirisena named a 30-member Cabinet, days after Ranil Wickremesinghe was reinstated as prime minister following a lengthy political crisis.

• Marvel Studios’ upcoming film ‘Captain Marvel’ has been named the most anticipated film of 2019 by the global film and TV website IMDb. Marvel’s ‘Avengers: End Game’ was second on the list, followed by Sophie Turner starrer ‘Dark Phoenix’.

• The U.S. Senate passed the First Step Act, a criminal justice reform Bill, that would roll back what are seen as excessively punitive criminal justice policies that have been in place since the crackdown on crime in the 1980s. The Bill benefits federally convicted individuals, mostly serving drug offences.

• Infosys Ltd has appointed Bharti Airtel Ltd’s global CFO Nilanjan Roy as chief financial officer, effective 1 March 2019. He replaces interim CFO Jayesh Sanghrajka, who will resume his responsibilities as deputy CFO.

• Harsh Vardhan Shringla appointed new Indian Ambassador to US. Shringla, a 1984-batch Indian Foreign Service (IFS) diplomat will succeed Navtej Sarna. At present, Shringla is serving as Indian High Commissioner to Bangladesh.

• The UN General Assembly voted on December 19 to endorse the Global Compact for Safe, Orderly and Regular Migration. The General Assembly’s vote tally included 152 votes in favor, 12 abstentions, and five votes against, which included the US.

• Ex-Indian men’s cricket team opener WV Raman has been appointed as the coach of the Indian women’s cricket team despite India’s 2011 men’s World Cup-winning coach Gary Kirsten being the first choice.

• The Centre moved a proposal in Parliament for an additional Rs.41,000 crore to recapitalise PSU banks, over and above the already budgeted Rs.65,000 crore. At the beginning of 2018, a total amount of Rs.65,000 crore was still remaining to be used.

• The Karnataka State Cabinet approved a grant of Rs.8,037.87 crore for the development works in the city under the Chief Minister’s Nava Bengaluru Scheme. The funds will be released over the next three years and the works will be executed by the Bruhat Bengaluru Mahanagara Palike (BBMP).

• Paisabazaar.com, online marketplace for financial products and Karnataka Bank entered into a partnership to offer the bank’s home loan product to customers on the Paisabazaar platform.

• The Karavali Utsav to be inaugurated on 21st December in Mangaluru. A host of cultural activities are set to enthral people during the festival.

• The Insurance Regulatory and Development Authority of India (IRDAI) imposed fine of Rs 5 lakh each on Iffco Tokio General Insurance and Royal Sundaram General Insurance for violating motor tariff claims and file & use guidelines.

• New Zealand government announced regulations for mandatory phase-out of single-use plastic shopping bags with effect from July 1, 2019. The phase-out will apply to all new plastic shopping bags with handles that are made of plastic up to 70 microns in thickness.

• India fifth-most deadliest place to be a journalist, Afghanistan worst: Reporters without Borders (RSF)

• Chief Minister of Meghalaya Conrad K Sangma launched the Meghalaya Health Insurance Scheme(MHIS-IV) in convergence with that of the Centre’s Ayushman Bharat scheme. The MHIS-IV targets to cover more than 8 lakh households offering over 2300 medical and surgical packages and up to Rs 5 lakh per family.

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