Top 5 Current Affairs: 10 January 2019

Mary Kom becomes 'World No 1' Boxer in latest AIBA World Rankings

The celebrated MC Mary Kom became the World No 1 Boxer in 45-48 kg category in the latest International Boxing Association’s (AIBA) World Rankings released on January 10, 2019.  Mary Kom was placed by AIBA at top of the charts in the 45-48 kg category weight division with 1700 points.

‘Magnificent Mary’ became the most successful boxer in world championships history when she claimed the 48kg category top honours in November 2018, her unprecedented sixth world title triumph.

Harendra Singh removed as head coach of Indian men's hockey team

Indian men's hockey coach Harendra Singh was on January 9, 2019 sacked from the position and offered the task of helming the junior squad by the national federation.

Explaining the sudden decision, Hockey India said in a statement that though the year 2018 was very disappointing for the Indian Men's Hockey Team with results not going as expected, they believe investing in the junior program will reap long-term benefits.

Women and Child Development Ministry launches ‘#www: WebWonderWomen' Campaign

The Union Ministry of Women and Child Development on January 9, 2018 launched an online campaign, ‘Web - Wonder Women’ also known as ‘#www’.

The Campaign aims to discover and celebrate the exceptional achievements of women, who have been driving positive agenda of social change through the social media itself. The Ministry partnered with the Breakthrough and Twitter India for ‘#www: WebWonderWomen’ campaign.

India set to become third-largest consumer market: WEF

India is set to become the third-largest consumer market behind only the US and China and consumer spending in India is expected to grow from USD 1.5 trillion at present to nearly USD 6 trillion by 2030, as per a World Economic Forum report that released on January 9, 2019.

The report titled 'Future of Consumption in Fast-Growth Consumer Market – India' noted that growth of the middle class will lift nearly 25 million households out of poverty in India.

RBI forms Nandan Nilekani led Committee to boost digital payments

The Reserve Bank of India (RBI) on January 8, 2018 constituted a High-Level Committee on Deepening of Digital Payments to encourage digitisation of payments and enhance financial inclusion. The five-member committee will be headed by UIDAI’s former Chairman Nandan Nilekani.

The committee will review the existing status of digitisation of payments and suggest ways to bridge any gaps in the ecosystem. The Committee will submit its report within a period of 90 days from the date of its first meeting.