Current Affairs wrap for the day: December 5th 2018
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IAS officer A. N. Jha is new Finance Secretary, succeeds Hasmukh Adhia
- Ajay Narayan Jha, the Secretary of Department of Expenditure, will be the country’s new Finance Secretary.
- Jha succeeds Hasmukh Adhia who is a 1981-batch Gujarat cadre officer of the Indian Administrative Service.
ECB launches TIPS instant payment system
- European Central Bank (ECB) has launched a new system that is aimed at letting banks settle payments instantly across Europe.
- The system is named TARGET Instant Payment Settlement (TIPS).
- ECB’s system will let people and companies in Europe transfer money (in euros) to each other within seconds and regardless of the opening hours of their local bank.
India’s first engine-less train is also India’s fastest, break 180km barrier
- India’s first locomotive-less less train, known as Train 18, breached the 180 kmph speed limit during a test run.
- This makes it the country’s fastest train.
- Train 18 will replace the current Shatabdi Express.
- With 16 coaches, Train 18 will have the same passenger capacity as that of the Shatabdi Express.
- The train also has an advanced regenerative braking system, which recovers power when the brakes are applied.
Delhi minister Imran Hussain gets PETA ‘Hero to Animals’ award
- The People for Ethical Treatment of Animals (PETA) has conferred the Hero to Animals award on Delhi Enviornment Minister Imran Hussain.
- Hussain received the award for banning all forms of Manjha in Delhi.
- Imran Hussain is Delhi Minister of Food Supplies, Environment and Forest and Elections.
Ullas Narayan wins India’s first international medal in ultra running
- Ullas Narayan became the first ever Indian individual medal winner in an international ultra running event.
- He clinched bronze in the 2018 International Association of Ultra Running (IAU) 24 Hour Asia & Oceania Championships in Taipei.
- Narayan completed 250 km, coming behind two Japanese runners Yoshihiko Ishikawa (253 km) and Nobuyuki Takahashi (252 km).
Jon Ridgeon appointed CEO of IAAF
- The International Association of Athletics Federations (IAAF) has announced the appointment of Jon Ridgeon as its new CEO.
- Ridgeon will take up the new role in March 2019.
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