Current Affairs Daily Digest: December 31, 2016

The Current Affairs Daily Digest for December 31, 2016 with important tid-bits on current affairs.

National Current Affairs

President approves promulgation of Specified Bank Notes Ordinance, 2016

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CSL completes delivery of 20 FPVs to India Coast Guard

The Cochin Shipyard Limited (CSL) has delivered ICGS AYUSH, the 20th Fast Patrol Vessel (FPV) to the Indian Coast Guard.  With this, CSL has completed construction of 20 FPVs for the Indian Coast Guard. Read more

CBDT extends deadline of Direct Tax Dispute Resolution Scheme

The Central Board of Direct Taxes (CBDT) has extended the last date for availing the Direct Tax Dispute Resolution Scheme to January 31, 2017 from the earlier deadline of December 31, 2016. This extension aims to give companies one more month to accept its offer to settle retro tax disputes with Government. Read more

International Current Affairs

China to build $1.5 billion Matiari-Lahore power line across Pakistan

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Environment, Science & Technology

China announces ban on ivory trade by end of 2017

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Amazon wins patent to launch Drone deliveries from Flying Warehouse

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Banking, Business & Economy

RBI increases cash withdrawal limit from ATMs to Rs 4,500 per day

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Apple to make iPhones in Bengaluru

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Mother Dairy unveils Aadhar-enabled payment

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RBI extends period of enhanced Prepaid Payment Instruments limit

The Reserve Bank of India (RBI) has extended the period of enhanced Prepaid Payment Instruments (PPI) limit of Rs 20,000 as part of efforts to promote digital payments. The limit has been extended till the completion of review of the PPI guidelines. Read more

Persons in News

Anil Baijal takes oath as Delhi Lieutenant Governor

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Navy Chief Sunil Lanba takes over as head of Chiefs of Staff Committee

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Sorin Grindeanu named as New Prime Minister of Romania

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Former Union minister Balasaheb Vikhe-Patil passes away

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Sports Current Affairs

Lionel Messi named World’s Best Playmaker of 2016

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Government derecognises Indian Olympic Association

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Kush Bhagat creates history by wining 3 gold medals at Western Asia Youth Chess Championships

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Cyclist Bradley Wiggins announces retirement

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