Daily Current Affairs updates: 30 December 2013

Daily Current Affairs updates: 30 December 2013

1) South Africa clinch series 1-0 after Indian batting collapse: India crashed to a humiliating 10-wicket defeat in the second cricket Test after their young batsmen surrendered meekly to give South Africa a 1-0 series triumph in Jacques Kallis' farewell match on Monday. Needing to bat out the entire fifth day's play at the Kingsmead to force a draw, the Indians had the worst possible start by losing Virat Kohli in the very first ball and never really recovered from the jolt to be bundled out for 223.

2) ATP Open Tennis tournament begins in Chennai : ATP Chennai Open Tennis tournament begins. Swiss Stanislas Wawrinka is the top seed in the competition, with experienced players like Russian Mikhail Youzhny and Italian Fabio Fognini also taking part. 

3)  Sacked SP leader Kamal Farooqui's decided to join AAP : Expelled Samajwadi Party (SP) leader Kamal Farooqui is likely to announce his decision on joining the Aam Aadmi Party (AAP). The former SP leader had met Delhi Chief Minister and AAP convener Arvind Kejriwal on Sunday and said that “everybody” is keen to join AAP. 

4) Major fire at timber factory in Hyderabad: A major fire broke out at a timber factory in Musheerabad area here in the early hours.

5) TN launches free CFL bulb scheme: The Tamil Nadu Government launched the first phase of the project providing free compact fluorescent light bulbs to over 14 lakh hut-dwellers in the State, an energy saving measure aimed at saving 40 MW of power.

6) RBI says economy taper-ready; pegs CAD under 3%: Reserve Bank of India has said the country is ready for the US Federal Reserve’s tightening, and has pegged the current account deficit at below 3 per cent for this fiscal in its eighth Financial Stability Report.

7) RBI set up a committee on Data & information Management: Reserve Bank of India (RBI) said it had set up a panel under executive director Deepak Mohanty to review the current system of data collection, dissemination and data management processes in the central bank and improve the existing mechanism.

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