Daily Current Affairs 29 December 2018

Daily Current Affairs 29 December 2018: Your guide for daily General Knowledge Preparation

Dear Readers,
This post contains important current affairs of 29 December 2018. It includes all Major National, International, Business and Sports related current affairs of 29 December 2018. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 29 December 2018 Current affairs test.

National News

1. Bharat Ratna Atal Bihari Vajpayee International Schools

• Maharashtra Govt. has announced to launch ‘Bharat Ratna Atal Bihari Vajpayee International Schools’ for students in rural areas.
• Maharashtra Chief Minister Devendra Fadnavis has launched the ‘Bharat Ratna Atal Bihari Vajpayee International Schools’ for students in rural areas on occasion of 94th birth anniversary of the late prime minister Atal Bihari Vajpayee.

2. National Commission for Homoeopathy

• The Cabinet has approved to setup of the National Commission for Homoeopathy (NCH) Bill, 2018.
• Homeopathy or homeopathy is a system of alternative medicine created in 1796 by Samuel Hahnemann, based on his doctrine of like cures like, a claim that a substance that causes the symptoms of a disease in healthy people would cure similar symptoms in sick people.

3. 134th Foundation Day of INC

• The Indian National Congress is a broadly based political party in India. Founded in 1885, it was the first modern nationalist movement to emerge in the British Empire in Asia and Africa.
• President: Rahul Gandhi || Leader: Rahul Gandhi || Founder: Allan Octavian Hume, Dadabhai Naoroji, Dinshaw Edulji Wacha || Founded: 28 December 1885, Mumbai || Headquarters: 24, Akbar Road, New Delhi 110001

International News

1. Financial assistance to Bhutan

• PM Modi has announced Rs 4500 crore financial assistance to Bhutan for its 12th five-year plan.
• Lotay Tshering is a Bhutanese politician and doctor who is the current Prime Minister of Bhutan, in office since 7 November 2018.

2. ‘Panda bond’

• Pakistan will issue first-ever Renminbi-denominated bonds ‘Panda bond’ to raise loans from Capital Markets of China.
• Currencies: Pakistani rupee || Capital: Islamabad || Prime minister: Imran Khan || President: Arif Alvi

3. New President of Madagascar

• Andry Rajoelina has won Madagascar Presidential Election by defeating Marc Ravalomanana.
• Capital: Antananarivo || Currencies: Malagasy ariary, Iraimbilanja || Official languages: French, Malagasy

Business News

1. 12th Annual Indian Subcontinent Decision Sciences Institute Conference

• The 12th Annual Indian Subcontinent Decision Sciences Institute (ISDSI) Conference at SPJIMR, Mumbai.
• Theme :- ‘Data-Driven Decision Making in the Digital Age’

2. Most Profitable PSUs

• Indian Oil Corporation, Oil and Natural Gas Corporation and NTPC are the top three profitable PSUs.
• BSNL, Air India and MTNL has incurred the highest losses for the second FY.

3. World’s oldest yoga institute

• President Kovind has inaugurated the centenary celebrations of The Yoga Institute.
• The Yoga Institute is a government recognized non-profit organisation, known as the oldest organized yoga center in the world. It was founded by Shri Yogendra, who was one of the important figures in the modern revival of Hatha Yoga. It is headquartered at Santacruz in Mumbai, India.
• The Yoga Institute is the world’s oldest organized institute of yoga studies and the country’s first Yoga school certified by the Quality Council of India, Ministry of AYUSH.
• it also bagged the Prime Minister’s Award 2018 for outstanding contribution for promotion and development of the ancient Indian science.

4. India’s largest conglomerate in terms of market capitalisation

• According to Bloomberg, HDFC Group has become the largest conglomerate in terms of market capitalisation in India overtaking TATA Group.
• Deepak Parekh is the Chairman of Housing Development Finance Corporation, India’s leading housing finance company. He is based in Mumbai. He is from Gujarat.

Sports News

1. Olympics 2020

• Olympics 2020 will use Artificial Intelligence and LIDAR technology enabled judging system.
• It is developed by developed by Japanese IT firm Fujitsu.

2. 2019 AFC Asian Cup

• India will start its campaign against Thailand.
• The 2019 AFC Asian Cup will be the 17th edition of the AFC Asian Cup, the quadrennial international men’s football championship of Asia organised by the Asian Football Confederation. It will be held in the United Arab Emirates from 5 January to 1 February 2019.

3. R R Lakshya Cup 2018

• The 10th R R Lakshya Cup is an international shooting competition, will be held at Karnala, Panvel, Mumbai.
• The tournament is organised by Lakshya Shooting Club, founded by former ace shooter Suma Shirur.

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