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News in Short

News in Short - 21-December-2020

Skywalk glass bridge to open in Rajgir

Date: 21 December 2020 Tags: Architecture
  • In a bid to boost tourism in the state, Bihar has built a glass bridge which will be inaugurated next year in Rajgir, Nalanda district.
  • Set amid five hills, the bridge will offer adventure seekers the much-needed thrill. With this glass bridge, the state is hoping to increase the footfall of both domestic and international visitors.
  • The bridge in Bihar is built in line with China’s Hangzhou glass bridge. The first skywalk in India was developed in Sikkim’s Pelling. On the international level, China holds the record of building the world’s longest glass bridge as of now.

Trump signs bill to remove Chinese stocks from US

Date: 21 December 2020 Tags: Miscellaneous
  • President Donald Trump has signed legislation that could kick Chinese companies off of US exchanges unless American regulators can review their financial audits.
  • The measure could affect corporate giants like Alibaba Group Holding Ltd. and Baidu Inc. which serves as another shot at Beijing before Trump leaves office in January.
  • The president has long railed against China for what he calls unfair trading practices, and slapped tariffs on billions of dollars in imports.
  • While it applies to any foreign company, the bill’s sponsors have said their goal was to target China.
  • Chinese firms for years have used American capital markets and dollar-based finance as a key funding component to grow their businesses.

Indian boxers win medals in Cologne World Cup

Date: 21 December 2020 Tags: Sports
  • Indian women boxers Simranjeet Kaur (60kg) and Manish (57kg) notched up gold medals with contrasting final wins in the Cologne World Cup in Germany.
  • Manish defeated compatriot Saskhi 3-2, while Simranjeet got the better of German Maya Klienhans 4-1 to finish on top in their respective categories.
  • India finished the competition at the second spot overall after claiming three gold, two silver and four bronze medals.
  • Asian Games champion Amit Panghal (52kg) had claimed the sole gold among men. He got a walkover in the finals.
  • Veteran Satish Kumar (+91kg) had to settle for a silver after an injury forced him to withdraw from the finals.
  • Sonia Lather (57kg), Pooja Rani (75kg) Gaurav Solanki (57kg) and Mohamed Hussamudin (57kg) had claimed the bronze medal in their respective categories.
  • The event featured boxers from the host country, Belgium, Croatia, Denmark, France, Moldova, Netherlands, Poland and Ukraine.

Nepali PM Oli dissolves Parliament

Date: 21 December 2020 Tags: Miscellaneous
  • Nepal Prime Minister K.P. Sharma Oli recommended dissolution of the Parliament and called for general election in April-May.
  • The dramatic decision came after weeks of tension with challenger Pushpa Kamal Dahal ‘Prachanda’ who has been demanding that Mr. Oli change his style of governance.
  • Mr. Oli’s government in recent weeks was unable to pass politically sensitive decisions because of the opposition in the Standing Committee of the Nepal Communist Party where Mr. Prachanda’s section is in majority.
  • The decision to dissolve the Parliament has drawn strong criticism from the Opposition and members of the ruling coalition.

RSS ideologue M G Vaidya passes away

Date: 21 December 2020 Tags: Obituaries
  • Rashtriya Swayamsevak Sangh (RSS) ideologue and the organisation's first spokesperson Madhav Govind Vaidya passed away after a brief illness. He was 97.
  • A former chief editor of the city-based pro-RSS Marathi daily 'Tarun Bharat', Vaidya became a member of the RSS in 1943 while at the Morris College in Nagpur.
  • He was the first RSS 'pracharpramukh' (spokesperson) and a former editor of Tarun Bharat. Vaidya was also a former Akhil Bhartiya Bauudhik Pramukh of RSS.
  • He joined the editorial department of Tarun Bharat in 1966. He was a nominated member of the Maharashtra Legislative Council from 1978 to 1984, and also a senate member of Nagpur University.