Current Affairs India - 28 December 2014

1. BJP leader Raghubar Das has been sworn in as the first non-tribal chief minister of Jharkhand at the ceremony held at the Birsa Munda Football Stadium in Ranchi today. Along with him, four cabinet ministers were also sworn in Nilkanth Singh Munda, Chandreswar Prasad Singh, Louis Marandi and BJP's ally All Jharkhand Students' Union Chandraprakash Choudhary.

2. Microsoft-s Chief Executive Officer Satya Nadella visited Indian and met Indian Prime Minister Narendra Modi this week. He pledged support to Narendra Modi-s Digital India initiative during his meeting. He also met Finance Minister Arun Jaitley and Telecom Minister Ravi Shankar Prasad and discussed modernization and security of the government-s digital infrastructure.

3. Bollywood megastar Amitabh Bachchan has been awarded with the Yash Chopra Memorial Award in recognition of his decades old contribution towards Indian film industry on 27th December. Maharashtra Governor C. Vidyasagar Rao honoured him with the award. This award was awarded to Lata Mangeshkar last year.

4. The Akkineni International Foundation, founded by legendary actor Akkineni Nageswara Rao, presented the ANR Award to Bollywood megastar Amitabh Bachchan today. He was awarded with the award in recognition of his contribution to Indian cinema.

Chief Minister K Chandrasekhar Rao and Union Parliamentary Affairs Minister M Venkaiah Naidu were present in the ceremony.

5. India-s foreign exchange (forex) reserves jumped by USD 3.163 billion to USD 319.997 billion in the week ended 19th December, as per weekly report published by the RBI. The jump was mainly due to jump in foreign currency assets which was increased by USD 3.310 billion to USD 295.670 billion in the same week.

However Special Drawing Rights and India-s reserve position in the International Monetary Fund (IMF) were dropped by USD 29.2 million and USD 117.6 million respectively in the same week. Gold Reserves remained unchanged at USD 18.985 billion in the same week.

6. Indian badminton player Ankita Raina won her maiden ITF singles title after defeating UK-s Katy Dunne in straight sets 6-2, 6-2 in the final match held at the Deccan Gymkhana in Pune. With this, she also became the first Indian to clinch the USD 25,000 title in the tournament after 14 years.

7. The BCCI has banned left-arm spinner Pragyan Ojha from bowling in competitive matches due to suspect action. It has also suggested that his action needs remedial measures and will not be able to play in the current Ranji trophy matches. Ojha will go to Chennai for taking corrective measures.