3 Dec. 2015: Daily News Updates

1. Justice Tirath Singh (TS) Thakur was sworn in as 43rd Chief Justice of succeeded Justice H L Dattu.
   
   
2. He will have the tenure as CJI for over one year and will retire on 4 January 2017.
   
   
3. Pulin Kumar, Group Senior Legal and Compliance Director of Adidas India, on 26 November 2015 was conferred with the Indian National Bar Association (INBA) General Counsel of the year 2015.
   
   
4. The Union Cabinet approved the signing of the agreement between India and Iran on visa facilitation for Diplomatic, Official/Service and Ordinary passport holders.
   
   
5. The Lok Sabha today passed the Bureau of Indian Standards Bill, 2015 to establish the Bureau of Indian Standards (BIS) as a National Standards Body. The bill broadens BIS’ ambit, and allow the Union Government to make it mandatory for certain notified goods, articles and processes to carry the standard mark. It allows multiple types of conformity assessment schemes in tune with best global practices.
   
   
6. A fully indigenous decoy system, that can divert underwater torpedo attacks on ships and submarines, has been developed by Visakhapatnam-based Naval Science and Technological Laboratory (NSTL).
   
   
7.  Brazil entered longest recession since 1930s.
   
   
8. Union Government approved setting up of 6 new IITs in Andhra Pradesh, Chhatisgarh, Goa, Jammu, Kerala and Karnataka.
   
   
9. Senior Janata Dal (United) leader Vijay Kumar Chaudhary on 2 December 2015 was unanimously elected new Speaker of the Bihar Legislative Assembly.
   
   
10. Axis Bank has launched a 'display variant' debit card which does away with the hassles of generating one time password (OTP) over SMS while transacting. The card, which is being made available for high-value NRE customers, has an embedded EMV chip, a display screen and a touch-sensitive button which helps generating the OTP on the card itself.
    
    
11.  Union Cabinet approved DTAC(Double Taxation Avoidance Convention) agreement with Japan.