23rd January 2019 Current Affairs
HDFC Standard Life changed its name to HDFC Life Insurance


♦ HDFC Standard Life Insurance changed its name to HDFC Life Insurance.

♦ The change in name is effective off the bat and the company will henceforth operate under the name HDFC Life Insurance Company Ltd.

♦ The new HDFC Life three dimensional logo comes together to create a frame, capturing life's special moments that can be looked upon with pride and joy. Red stands for vibrancy, youthfulness, exuberance; blue for dependability, financial expertise; and dark red for (vermillion) long life.


15th Pravasi Bhartiya Divas held at Varanasi in UP


♦ PM Narendra Modi inaugurated the 15th Pravasi Bharatiya Divas at Varanasi in Uttar Pradesh.

♦ The 3-day event is being organized from 21 to 23 January 2019 for the first time.

♦ The theme of this event is, "Role of Indian Diaspora in building New India".

♦ Prime Minister of Mauritius, Pravind Jugnauth was the guest in this function.

♦ Several world leaders of Indian origin, including Chief guest Mr. Pravind Jugnauth

♦ Prime Minister of Mauritius, Pravind Jugnauth, who was chief guest will take part in the event and share their insights on the theme.

♦ Information and Broadcasting Minister Rajyavardhan Rathore inaugurated several exhibitions including a digital on the theme of 'Ek Bharat Swacch Bharat: Sardar Patel and Gandhi ke Sapno ka Bharat.


Defense Minister inaugurated the Diffo Bridge in Arunachal Pradesh


♦ Defense Minister Nirmala Sitharama inaugurated the Diffo Bridge over Chipu River in Lower Dibang Valley District of Arunachal Pradesh.

♦ The bridge is 426 meters long.

♦ The construction of the bridge started in 2011.

♦ The total cost to build the bridge was Rs 4,847.83 lakh


Nepal's Central Bank announces Ban of Indian Notes above Rs100


♦ Nepal's Central Bank has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denomination.

♦ According to Nepal's Central Bank, Indian currency notes of Rs 2,000, Rs 500 and Rs 200 cannot be carried and used for trading.

♦ It could affect Indian tourists visiting the Himalayan nation where currency note is widely used.

♦ Under the new regulation, Nepali citizen cannot carry these denominations to countries other than India.

♦ Nepalis are also not allowed to bring such notes from other countries.

♦ Indian notes of Rs 100 or below are allowed for trading and conversion.


Rio de Janeiro named as 1st World Capital of Architecture for 2020


♦ The UNESCO has named the Brazilian city of Rio de Janeiro as the World Capital of Architecture.

♦ Rio will be the first city to receive the title under a program launched together by United Nations Educational, Scientific, and Cultural Organisation and the International Union of Architects (UIA) in Nov 2018.

♦ Earlier Paris and Melbourne secured the position.

♦ As the first World Capital of Architecture, Rio de Janeiro will hold a series of events under the theme "All the worlds, Just one world" and promote the internationally agreed 2030 Agenda for Sustainable Development's 11th Goal: "Make cities and human settlements inclusive, safe, resilient and sustainable."


World Economic Forum Meet begins in Switzerland


♦ The 49th annual meeting of the World Economic Forum (WEF) began in Davos, Switzerland.

♦ The theme of the event "Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution."


India to surpass UK in World's Largest Economy Ranking in 2019: PwC


♦ According to Global Consultancy firm PwC report India is likely to surpass the United Kingdom in the world's largest economy rankings in 2019, to become the world's fifth largest economy.

♦ The PwC report has projected real GDP growth of 1.6% for the UK, 1.7% for France and 7.6% for India in 2019.

♦ According to the projected real GDP growth rate, India and France are likely to surpass the UK in the world's largest economy rankings in 2019.


4th India Steel 2019 Exhibition and Conference held in Mumbai


♦ 4th Indian Steel 2019 Exhibition and Conference held in Mumbai.

♦ The 3-day event 'India Steel Expo 2019' is organized by the Ministry of Steel, Government of India from 22-24 January 2019.

♦ The event provided an opportunity to International Steel Producers, Technology Companies to deliberate and identify ways to contribute toward building a robust roadmap for further growth of the steel sector and develop a healthy business relationship with the Indian steel industry.


Global Talent Competitiveness Index: India ranks 80st


♦ India has moved up one position to rank 80th on Global Talent Competitiveness Index Ranking.

♦ Switzerland retained the top position in the list.

♦ The ranking was released on the 1st day of the World Economic Forum (WEF) annual meeting by INSEAD business school in partnership with Tata Communication and Adecco Group.

Country Rank
Switzerland 1
Singapore 2
US 3
India 80


Maharastra Cabinet approves Rs 25 crore for Divyangs


♦ Maharashtra cabinet has approved Rs 25 crore for Divyangs (differently-abled). 

♦ Each Divyangs (differently-abled) person will get a financial help of Rs 3.75 lakh to purchase eco-friendly vehicles and mobile vehicle shop.

♦ This will benefit around 650 Divyangs (differently-abled) persons in the state, this decision is aimed at making the differently-abled persons financially independent.


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