News Highlights : 5 december 2015

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 Etna volcano eruption

1. Arvind Subramanian Committee suggests GST rate of 17-18 per cent.

2. Bengaluru most attractive destination for FDIs.

3. China's first electricity-powered aircraft RX1E approved for production.

4. International Volunteer Day observed globally.

5. China announces $60 billion package to Africa during Forum on China-Africa Cooperation (FOCAC).

6. Uttar Pradesh Government launches first International festival on Birds.

7. Australia passes Anti-Terrorism law to strip citizenship.

8. Reserve Bank of India has cancelled the certificate of registration of 56 Non-Banking Finance 
Companies (NBFCs).

9. Nokia closes sale of its HERE maps unit to BMW, Audi, Mercedes.

10. Delhi Assembly passes Delhi Jan Lokpal Bill, 2015.

11. Centre to support rural entrepreneurs under MUDRA Yojana.

12. Etihad Airways has been selected as the 2016 Air Transport World (ATW) Airline of the Year.

13. Malaysia's Parliament passes new security bill.

14. Major eruption of Italy's Etna volcano shuts down airport.

15. Scientist M. Nair Rajeevan appointed Earth sciences secretary.

16. Uttar Pradesh Government launches first International festival on Birds

17. RBI bars 56 NBFCs from conducting business

18. Centre to support rural entrepreneurs under MUDRA

19. 44th Navy Day observed on 4 December

20. International Volunteer Day observed globally

21. RBI announced revised Priority Sector Lending norms for Regional Rural Banks