Daily Current affairs — Current Affairs

Mysore-born Gita Gopinath has joined International Monetary Fund (IMF) as its chief economist, becoming the first woman to occupy the top IMF post. She succeeds Maurice Obstfeld, who retired on December 31. Ms Gopinath considers the perceived retreat from globalisation as one of the top challenges being faced by the IMF.  

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India won the four-match Test series against Australia 2-1 as the Sydney Test ended in a draw after the fifth day's play was washed out due to rain. This is the first time ever that India have won a Test series in Australia. Before this, India had played 11 Test series in Australia since 1947, losing eight and drawing three. Cheteshwar Pujara, who made 193 runs in the Sydney Test, was the Man of the Match and Series.

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Scientists at Indian Institute of Technology, Guwahati have developed a simple paper kit that can test freshness of milk and tell how well it has been pasteurized. The kit is sided with smart phone app to ensure that milk is consumed before it turns too sour. The team has prepared a kit by attaching probe discs onto a 2 cm square transparent cellulose acetate film. The probe is then covered with another cellulose acetate film. Colour reaction takes place when milk is injected through a tiny hole in the cover and a smart phone can be used to get the results. It takes just about 15 minutes to detect raw milk from pasteurized one.

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Indian cricket team captain, Virat Kohli beats Cricketing legend Sachin Tendulkar's to become the fastest batsman to score 19000 international runs on the 1st day of 4th Test Match in Sydney against Australia. Virat Kohli crossed 19000 runs mark in 399 innings whereas Sachin Tendulkar took 432 innings to score 19000 runs.

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ISRO Planning to Launch 32 Space Missions in 2019. The missions include the second lunar mission Chandrayaan-2 (Rs.800-crore mission) to land on the moon with lander and rover. India's maiden human space mission in 2021-22, Gaganyaan, will also be pursued this year. Among the ISRO's achievements in 2018 were launch of the heaviest satellite GSAT-29 (3,423 kg) on November 14 and building the heaviest communication satellite GSAT-11 (5,854 kg), launched on December 5 onboard the Arianespace space agency's rocket from French Guiana on the north Atlantic coast of South America.

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Light Combat Aircraft (LCA) Tejas progressed towards manufacture in an enhanced, battle standard format on December 31. The LCA is being designed and developed by the Aeronautical Development Agency (ADA) in Bengaluru. A new limited clearance from military airworthiness certifier CEMILAC for the Indian fighter green-lights its production in a superior lethal version. HAL aims to get the first aircraft out in late 2019. 

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Jair Bolsonaro was sworn in as Brazil's President in a ceremony at Brazil's National Congress Building. Bolsonaro is a former Army captain and admirer of the country's 1964-1985 military dictatorship. Bolsonaro, 63, was a seven-term fringe congressman who rode a wave of anti-establishment anger to became Brazil's first far-right president since a military dictatorship gave way to civilian rule three decades ago.

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Portuguese airline 'Hi Fly' introduced single-use plastic free flight on 29 December 2018. The flight took off from Lisbon to Natale, Brazil, without a single piece of single-use plastic on board. There were no plastic cups, plastic silverware, plastic cocktail stirrer, and plastic food containers.

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Bhavani Devi from India has won the gold in the Sabre event in the Senior Commonwealth Fencing Championship 2018 held in Canberra, Australia. She defeated England's Emily Ruaux 15-12 in the final. With this feat, Bhavani became the first Indian to win a gold medal in the Commonwealth Championship. Earlier, Bhavani Devi won a silver medal in the Tournoi Satellite Fencing Championship in Iceland.

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State Bank of Mauritius (SBM) has appointed Sidharth Rath as the Managing Director & CEO of SBM Bank (India). Before this he was working with Axis Bank as Group Executive and Head of Corporate, Transaction Banking and International Banking. SBM Bank (India) has been recently granted licence by the RBI to carry on business as a scheduled commercial bank under the Banking Regulation Act, 1949, with effect from 1st December. It claims to be the first foreign bank to have been granted a universal banking licence under RBI's wholly-owned subsidiary scheme. 

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Azim Premji, chairman of Wipro, has won Forbes India Leadership Awards 2018, Lifetime Achievement. Wipro is India's fourth-biggest software services company by revenue and Ajim Premji is the second richest Indian. The Forbes India Leadership Awards, India's most prestigious honour for the top executives, was held in Mumbai. Forbes India honoured entrepreneurs and company bosses across nine categories, with an emphasis on excellence, innovation, and transformational leadership.

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South Korea's Kim Jong Yang has been elected as Interpol's next president, edging out a longtime veteran of Russia's security services, Alexander Prokopchuk, who was strongly opposed by the US, Britain and other European nations. Prokopchuk is a general in the Russian interior ministry and serves as an Interpol vice-president. Interpol's 94 member states chose Kim at a meeting of their annual congress in Dubai. He will serve until 2020.

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