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Important Current Affairs 20th March 2019

INTERNATIONAL:

INCOIS and French scientists discovered existence of a new sea level oscillation.

• Indian National Centre for Ocean Information Services (INCOIS) researchers, in collaboration with scientists from France, have discovered the existence of a ‘synchronous oscillation’ of sea level across the entire Tropical Indian Ocean with a time period of 30 to 80 days during winter months of December to April.

• In these months, Indian Ocean routinely gains/losses 3 trillion tonnes of water from the Pacific Ocean every 30-80 days accompanied by a sea level rise/fall of 4 cm which is 30% of total sea-level change. This process is driven by intense winds hovering over a small area in the eastern Indian Ocean. This wind is associated with tropical weather phenomenon called Madden-Julian Oscillation (MJO). MJOs, being a low-pressure system, is known to facilitate cyclone formation over the Indian Ocean. The study said the waves gain more relevance since MJOs are gradually getting more intense in the warming climate.

British Army to create a new Battalion by recruiting more than 800 Nepalese Gurkha.

• The British Army has announced that it would create a new Specialised Infantry Battalion by recruiting more than 800 Nepalese Gurkha servicepersons.  Gurkhas have completed 200 years of service in the British Army and currently, they comprise upto 3% of the British Army.

• Gurkha and British Army During the Anglo-Nepalese War of 1814-16, Gorkha Kingdom had inflicted heavy casualties on the British Army even though they had lost the war. British India decided to recruit these soldiers starting in 1815 and the Gurkhas have fought on the side of the British Empire in almost every war, including both World Wars.

• The Gurkhas are recruited every year by the British Army and Gurkhas are held in high esteem in the British Army. Gurkhas have the same service conditions as the regular British Army, with the option of British citizenship upon retirement.

BANKS AND ECONOMY:

RBI says Forex swap for liquidity has been received well.

• The recent decision of the Reserve Bank of India (RBI) to inject rupee liquidity through long-term foreign exchange (forex) swap, a first of its kind in liquidity management policy, has been received well.  On 26th March auction the feedback of the forex swap will be received. The central bank will conduct a dollar-rupee buy/sell swap auction of $5 billion for a three-year tenor, on March 26.

Hyundai and Kia to invest USD 300 million in Ola.

• Hyundai Motor Company and Kia Motors Corporation together plans to invest $300 million in cab aggregator Ola. This will be the biggest combined investment by the two firms of the South Korean Hyundai Motor Group.  As part of the strategic collaboration, the three companies will work on developing unique fleet and mobility solutions, besides building India-specific electric vehicles and infrastructure.

• Hyundai Motor Group expects to accelerate its transition from a ‘car manufacturer’ into a ‘Smart Mobility Solutions Provider’, as the partnership’s initiatives will allow it to engage in all aspects across the entire mobility value chain, including vehicle production, fleet operation, and mobility services.

GST Council approves transition plan for new GST rates.

• GST council approved a transition plan for new goods and services tax rates on residential properties under which developers of under-construction buildings may either opt to shift to the revised lower rates without input tax credit or stick to the previous rates. Revenue Secretary Ajay Bhushan Pandey told media that for housing projects launched on or after the first of April this year, the developers will have to adhere to the new GST rates recommended by the council last month.

• Developers can also opt for different GST options for separate buildings in a project depending on if construction started before or after 31st March this year. Mr Pandey added that there will be no revenue loss to the government due to the new GST structure for under-construction housing.

SPORTS:

Gopi Thonakal qualified for World Athletics.

• In marathon, India's Asian champion Gopi Thonakal has qualified for the World Athletics Championships to be held in the Qatari capital Doha in September-October this year. He achieved qualification after finishing 11th in the Seoul International Marathon, clocking his personal best time of 2 hours 13 minutes 39 seconds. Gopi’s time is the second best ever by an Indian after the four-decade old national record of 2:12:00, which is held by Shivnath Singh.

IPL franchise Rajasthan Royals to Academy in England.

• Indian Premier League (IPL) franchise Rajasthan Royals has tied up with the Star Cricket Academy in Surrey, England. The tie-up is to re-launch the facility as the ‘Rajasthan Royals Academy’. The centre has a state-of-the-art cricket centre named the Jarrett Centre.

• It is an indoor cricket training centre run by former professional batsman Siddharth Lahiri, along with his team of coaches including former England international and mentor to the academy, Keith Medlycott.  The franchise is also keen to create an exchange programme across India and UK wherein the children from the UK will receive an opportunity to come to Institute of Sport, Nagpur.

APPOINTMENT AND RESIGNATION:

Japanese Olympic chief quits amid corruption allegations scandal.

• Tsunekazu Takeda, the head of Japan's Olympic Committee (JOC), is stepping down over corruption allegations relating to the awarding of the 2020 Games to Tokyo. Takeda is being investigated by French prosecutors who are looking into claims that a €2 million (£1.7 million) bribe was paid to secure Tokyo's winning bid for the Olympic Games. Takeda was head of the Tokyo bidding committee when it was awarded the Games in 2013, defeating rival bids from Madrid and Istanbul.

Kazakhstan's 1st and only President resigns after 29 yrs in power.

• Nursultan Nazarbayev, Kazakhstan's first and only President, announced his resignation on March 19 after 29 years in power. He has been Kazakhstan's President since 1990 and was formally elected in 1991 after the fall of the Soviet Union. He received 98 percent of the votes. Nazarbayev would continue to chair the Security Council and remain the leader of the Nur Otan party. Kassym-Jomart Tokayev, speaker of the upper house of parliament, will take over as the country's acting president for the remainder of his term in line with the constitution

NATIONAL:

Prime Minister Narendra Modi to address 25 lakh Chowkidars.

• Prime Minister Narendra Modi will address over 25 lakh Chowkidars through audio bridge medium on Wednesday and share the colours of Holi with them.  The Party's media head and Rajya Sabha MP Anil Baluni this is a part of a series of initiatives under the 'Main Bhi Chowkidaar' outreach programme.

IIPHG to launch Conquer Exam, Be a Warrior app.

• Indian Institute of Public Health Gandhinagar, Gujarat, (IIPHG) joined hands with National Mental Health Program, Department of Health and Family Welfare, Government of Gujarat for developing a mobile application called as ‘Conquer Exam, Be a Warrior’ to reduce the exam pressure for the student. This application creates awareness as well as help students to analyze their weak point and overcome from the exam pressure by providing assistance.

Uttar Pradesh to take census of Otters for the first time.

• For the first time, Uttar Pradesh is taking a census of Otters in its protected areas. The census has begun in the Pilibhit Tiger Reserve (PTR).

•  Otters  Otters live on fish and spend much of its time in or close to water bodies. A growing or healthy population of otters means the water bodies are pollution-free. Clean water bodies mean a healthy ecosystem of the forest.

• India is home to 3 of the 13 species of otters found worldwide. These are: 1) Eurasian Otter (Lutra lutra) - IUCN status: Near Threatened 2) Smooth-coated Otter (Lutra perspicillata) - IUCN status: Vulnerable 3) Small-clawed Otter (Aonyx cinereus) - IUCN status: Vulnerable.

ICF Chennai becomes worlds largest rail coach manufacturer.

• Integral Coach Factory (ICF), the rail coach manufacturing factory at Chennai, which became famous for manufacturing Train 18, has become the single largest rail coach manufacturer in the world surpassing top Chinese manufacturers. The manufacturing facility of Indian Railways in Chennai manufactured 2,919 coaches from April 2018 to February 2019 against 2,600 coaches manufactured by top Chinese manufacturers.

•  ICF has set a target to manufacture 3,200 coaches in this financial year 2019. The ultra-modern ‘Train 18’ is engine less, with self-propelled coaches like metro was indigenously made at Integral Coach Factory (ICF), Chennai. Integral Coach Factory in Chennai, Tamil Nadu, was established in 1952 and is owned and operated by the Indian Railways.

International Workshop on Disaster Resilient Infrastructure IWDRI 2019 held in New Delhi.

• International Workshop on Disaster Resilient Infrastructure (IWDRI), a two-day workshop organised by National Disaster Management Authority (NDMA) in collaboration with United Nations Office for Disaster Risk Reduction (UNISDR), and in partnership with the Global Commission on Adaptation, United Nations Development Programme and the World Bank was held at New Delhi.

• The objectives of the workshop were to:

♦ Identify good practices of disaster risk management in key infrastructure sectors.

♦ Identify specific areas and pathways for collaborative research on DRI (Transport, Energy, Telecom and Water).

♦ Discuss and co-create the broad contours of the Coalition for Disaster Resilient Infrastructure (CDRI) as well as a notional roll-out plan for the next three years.

♦ Build a forum for members to work on areas of common interest and make specific commitments. The first IWDRI was held in January 2018 and IWDRI 2019 built upon some of the ideas generated at the IWDRI 2018 as a crucial milestone towards the establishment of the Coalition for Disaster Resilient Infrastructure (CDRI). 

DAY:

International Day of Happiness is celebrated on 20th March.

• International Day of Happiness is celebrated every year on March 20. The theme for IDH 2019 is ‘Happier Together’. This year the focus will be on what we have in common, rather than what divides us. It is celebrated by all 193 UN Member States. Since 2013, the United Nations has celebrated the International Day of Happiness as a way to recognize the importance of happiness in the lives of people around the world.

• It was conceptualized and founded by philanthropist, activist, statesman, and prominent United Nations special advisor Jayme Illien to inspire, mobilize, and advance the global happiness movement.

AWARDS:

Irfan Ramzan Sheikh who fought against 3 terrorists as 14-yr-old awarded Shaurya Chakra.

• Jammu and Kashmir's Irfan Ramzan Sheikh, who fought off three armed terrorists in 2017, when he was 14 years old, was awarded Shaurya Chakra by President Ram Nath Kovind. Sheikh fought off the terrorists who wanted to kill his father and didn't let them enter his house. The terrified terrorists left one of the terrorists' body and ran away.

Mathematician Karen Uhlenbeck becomes 1st woman to win prestigious Abel Prize.

• Mathematician Karen Uhlenbeck (76-year-old) has become the first woman to win the Abel prize, sometimes called the Nobel prize of mathematics, for the impact of her work on "analysis, geometry and mathematical physics". She is also an advocate for gender equality in science and mathematics.

•  About Abel Prize: It is named after Norwegian mathematician Niels Henrik Abel and directly modeled after the Nobel Prizes. It comes with a monetary award of 6 million Norwegian Kroner. Established: 23 August 2001 First awarded‎: ‎2003 Country: Norway Awarded for: Outstanding scientific work in the field of mathematics Presented by: Government of Norway

MOUS:

MoU signed by Ola and Telangana Govt. to strengthen traffic infrastructure in Hyderabad

• A Memorandum of Understanding (MoU) was signed between Ola and the Government of Telangana to support the government’s initiative to implement smart solutions to enhance mobility experience further strengthening traffic infrastructure in Hyderabad. Under the MoU, the first pilot project proposed is the dynamic mapping of riding quality of various major roads in Hyderabad through the network of vehicles operating on the Ola platform.

IBBI and SEBI signed an MoU for effective implementation of IBC.

• The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) with the Securities and Exchange Board of India (SEBI). The IBBI and the SEBI seek effective implementation of the Insolvency and Bankruptcy Code, 2016 (Code) and its allied rules and regulations, which have redefined the debt-equity relationship and aims to promote entrepreneurship and debt market.

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Important Current Affairs of 19th March

NATIONAL:

NCLT approved ArcelorMittal to buy Essar Steel.

• The National Company Law Appellate Tribunal (NCLT) gave a conditional nod to a Rs.42,000-crore offer by world’s largest steelmaker ArcelorMittal to buy Essar Steel. NCLT said that the acceptance of the resolution plan submitted by ArcelorMittal and partner Nippon Steel & Sumitomo Metal Corp. would be subject to its final order in the appeal filed by the promoters of debt-laden Essar Steel against the move.

Indian Navy stand behind the cyclone hit Mozambique.

• India decides to divert three Indian naval ships to the port city of Beira in Mozambique to provide humanitarian assistance to the people affected by tropical cyclone ‘#IDAI’. The coastal city of Beira on Friday, 15 March.

• The city's power grid has currently crashed, the airport has been shut and most roads are inaccessible. The Indian Navy diverted ships to the African country for humanitarian assistance and disaster relief (HADR) work. The Navy Spokesperson tweeted about the mission and on being the first-respondents for disaster relief.

Assam gets digital awareness, launches i-help initiative to promote electoral literacy.

• Assam launched an initiative ‘i-help’ to promote digital electoral literacy in the state launched in view of the forthcoming Lok Sabha polls. The 'i-help' is a joint initiative of the Office of the Chief Electoral Officer (CEO) and Common Service Centres (CSC) in Assam.

• The CSCs are internet-enabled access points spread throughout the country delivering various government and non- government digital services to the citizens and is uniquely positioned in rural areas to significantly extend the awareness and outreach activities of CEO, Assam.

• The CSC has a presence in all the 2,528-gram panchayats in the state and there are 4,587 functional centres at present.

Microsoft Launched Project Sangam To Boost Indias Swachh Bharat Mission.

• Microsoft announced that it has partnered with The Ministry of Housing and Urban Affairs (MoHUA) to promote its Project ‘Sangam’ which is developed to accelerate Swachh Bharat Mission (SBM) in India. It is one of the world’s largest Cleanliness Programme. About Microsoft Industry: Computer software Headquarters: Hyderabad, India Key people: Bhaskar Pramanik (Chairman)

NGT questioned MoEF for not furnishing proper data.

• The National Green Tribunal (NGT) questioned the Union Environment Ministry for not furnishing proper data on monitoring mechanism for compliance of conditions of environment clearance granted by the Ministry.  The observations came following submissions by the Ministry that a mechanism existed to periodically monitor the compliance of environmental clearance conditions which was being strengthened.

• The tribunal had in January directed the MoEF to furnish data on the same following which it submitted that a total of 6,779 projects were monitored between 2013-2014 and 2018-19. The Ministry informed the Bench that while in 2013-14, 843 projects were monitored, in 2018-19, it was 1,002.  A Bench headed by NGT Chairperson Justice Adarsh Kumar Goel instructed Ministry of Environment, Forests and Climate Change (MoEFCC) to appear before the tribunal on April 29.

INTERNATIONAL:

Vijit becomes the first Indian Coast Guard ship to visit Indonesia.

• This visit of the coast guard ship follows from the first-ever-visit of Naval Ship INS Sumitra to Sabang in July 2018

• Vijit's visit to Sabang, Indonesia, also highlights strengthening cooperation in the area of maritime security and safety between New Delhi and Jakarta. ICGS Vijit is the 2nd in the series of 90 meter Offshore Patrol Vessels and was commissioned at Goa on 11 Dec 2010.

• 'Vijit' meaning "Winner or Victorious" is the testimony of India's shipbuilding capabilities and the resolve of Govt of India to safeguard country's maritime interests.

UNEA has adopted two resolutions piloted by India.

• The United Nations Environment Assembly (UNEA) has adopted two resolutions piloted by India on single-use plastics and sustainable nitrogen management. The resolutions were passed at the fourth session of the United Nations Environment Assembly (UNEA) which was held in Nairobi. The theme of the fourth session of UNEA was Innovative Solutions for environmental challenges and sustainable production and consumption. 

Joint military exercise, Sary Arka Antiterror 2019, to be held in Uzbekistan.

• The decision to hold Sary-Arka-Antiterror 2019, the first joint military exercise of Shanghai Cooperation Organization (SCO) was announced at the during the 34th meeting of the RATS council held in Tashkent, Uzbekistan. The exercise is to be held Sary Arka, Kazakhstan.

Astronomers discover 83 supermassive black holes 13 billion light-years away from Earth

• Astronomers have discovered 83 quasars powered by supermassive black holes 13 billion light-years away from the Earth, from a time when the universe was less than 10 per cent of its present age. A professor at Princeton University in the US, Michael Strauss said, it is remarkable that such massive dense objects were able to form so soon after the Big Bang.

•  A statement that the understanding of how black holes can form in the early universe, and just how common they are, is a challenge for the cosmological models. This finding, published in the Astrophysical Journal, increases the number of black holes known at that epoch considerably, and reveals, for the first time, how common they are early in the universe's history.

•  In addition, it provides new insight into the effect of black holes on the physical state of gas in the early universe in its first billion years. The Supermassive black holes, found at the centres of galaxies can be millions or even billions of times more massive than the Sun. A supermassive black hole becomes visible when gas accretes onto it, causing it to shine as a quasar.

Cyclone Idai affected over 1.5 million people in Mozambique, Malawi, and Zimbabwe.

• Mozambique, Zimbabwe and Malawi have been hit by a vicious cyclone that has killed nearly 150 people, left hundreds more missing and stranded tens of thousands. According to the UN and government officials, Cyclone Idai has affected more than 1.5 million people in the three southern African countries. The port city of Beira in Mozambique was hit the hardest. The deaths are mainly in Zimbabwe's Chimanimani, a mountainous area along the eastern border with Mozambique that is popular with tourists.

Soyuz successfully placed astronauts in ISS.

• Russian Soyuz spacecraft carrying NASA Astronaut Nick Hague and Christina Koch, and Cosmonaut Alexey Ovchinin successfully docked International Space Station (ISS).  Soyuz Spacecraft is a Russian Spacecraft carries people and supplies to and from the space station. Soyuz Spacecraft also function as lifeboats and one Soyuz spacecraft is always docked to the space station, so that in case of emergency the crew can return to earth through the spacecraft.

• After the retirement of the space shuttle in 2011, the Soyuz spacecraft has become the sole means of transportation for crew members going to or returning from the orbiting laboratory.  The International Space Station is a habitable artificial satellite in low Earth orbit. The ISS programme is a joint project between five participating space agencies: NASA (United States), Roscosmos (Russia), JAXA (Japan), ESA (Europe), and CSA (Canada). The ISS serves as a microgravity and space environment research laboratory.

AWARDS:

Indian writer Raghu Karnad won Windham Campbell Prize.

• Indian Writer Raghu Karnad has won the Windham-Campbell Prize $165,000 under the non-fiction category for his debut book, The Farthest Field: An Indian Story Of The Second World War. Raghu Karnad is the second Indian to receive the award. Earlier in 2016, Jerry Pinto had won the award for his novel, Em And The Big Hoom.

•  Karnad is one of the eight winners chosen across four categories: fiction, non-fiction, drama, and poetry. The other awardee in the non-fiction category was American writer Rebecca Solnit for the diverse body of work she has produced over her career.  The Windham-Campbell Prize is administered by the Beinecke Rare Book and Manuscript Library at Yale University in the US.

•  It was established in 2013. The award was constituted with the generous gift from writer Donald Windham in memory of his partner Sandy Campbell. The jury selects two winners each for each of the category.

MOUS AND POLICY:

India & Afghanistan Signed an MOU On Digital Education Initiatives.

• The Ministry of Human Resource Development has signed a memorandum of understanding(MoU) with the Afghanistan government to work on digital education initiatives, which include many prominent programs developed by Indian Institutes of Technology (IITs).  The MoU was signed at IIT-Madras. 

About Afghanistan

• President: Ashraf Ghani

• 1st Vice President: Abdul Rashid Dostum

• 2nd Vice President: Sarwar Danish

• Chief Executive Officer : Abdullah Abdullah

New hydro policy will help to meet renewables target.

• The Union Cabinet approval to the new hydroelectricity policy that, among other things, included large hydro projects within the ambit of renewable energy. Prior to the policy, only small hydro projects of a capacity of less than 25 MW were treated as renewable energy.

•  Large hydro projects were treated as a separate source of energy.  India’s renewable energy sector had an installed capacity of 75,055.92 MW as of February 2019, according to data with the Central Electricity Authority. This made up about 21.4% of the overall energy mix, with the rest coming from thermal, nuclear and large hydro sources.

•  With the inclusion of large hydro in renewable energy, the energy mix changes drastically. Renewable energy capacity would now be 1,20,455.14 MW or 34.4% of the overall energy mix.

APPOINTMENT:

Goa Speaker Pramod Sawant sworn-in as new Chief Minister of Goa.

• Pramod Sawant (45), former Speaker of Goa legislative Assembly and MLA from Sankhelim in North Goa was sworn-in as 13th Chief Minister of Goa, succeeding Manohar Parrikar, who died on March 17 after a prolonged battle with advanced pancreatic cancer. Sudin alias Ramkrishna Dhavlikar of Maharashtrawadi Gomantak Party (MGP) and Vijai Sardesai of Goa Forward Party were sworn in as Deputy Chief Ministers. Nine other leaders also took oaths as cabinet ministers.

SPORTS:

For the first time ever Bengaluru FC crowned ISL Champions.

• Bengaluru FC clinched their maiden Indian Super League title as Rahul Bheke found a championship-winning header in the dying minutes of the final against FC Goa, in Mumbai. The two teams were locked 0-0 after 90 minutes. Even the first extra time saw no goals but Bengaluru got better of a 10-men Goan team 1-0, four minutes from the end of the second extra half.

India finished second in medal tally at Asian Youth Championships.

• Indian youth team finish second in the overall medals tally with a total of 26 medals including eight gold, nine silver and nine bronze medals. China topped the overall medals tally with 31 medals that included 12 gold, 11 silver and eight bronze medals. Japan finished third with 20 medals that included 6 Gold, 8 Silver and 6 bronze. Asian Youth Athletics Championships 2019 was held in Hong Kong.

Indian shuttler Sai Praneeth finished runner-up at Swiss Open.

• Indian shuttler Sai Praneeth won the silver medal at the Swiss Open after losing the men's singles final to world number two and top-seeded Chinese shuttler Shi Yuqi in Basel, Switzerland. About 2019 Swiss Open: The 2019 Swiss Open, officially the YONEX Swiss Open 2019, was a badminton tournament which took place at St. Jakobshalle in Basel, Switzerland and had a total purse of $150,000.

Valtteri Bottas Won Australian F1 Grand Prix 2019

• Mercedes’ Valtteri Bottas beat his world champion teammate Lewis Hamilton to clinch the season-opening Australian Formula One Grand Prix. Bottas, who claimed his first race win since Abu Dhabi in 2017claimed the extra point for the fastest lap in the race.

India bags 188 medals at Special Olympics World Games.

• India won a total of 188 medals at the Special Olympics World Games in Abu Dhabi. The medals include 50 gold, 63 silver and 75 bronze medals. In table tennis India won four gold and one silver medal. In Judo, Sonu Kumar from Rohtak, Haryana won the gold medal by winning all three bouts. Muskan bagged a silver.

• Four Silver medals were bagged by Santoshi Vijay Kauthankar from Goa in the female category. India sent a 378-strong contingent that is participating in the 15th edition of the Games. The closing ceremony of Special Olympics World Games is scheduled for March 21. 

Mukesh Ambani Tops Forbes List of Worlds Richest Sports Team Owners.

• The chairman and managing director of Reliance Industries Limited (RIL), Mukesh Ambani tops with a net worth of around $50 billion. Ambani bought the Indian Premier League (IPL) team Mumbai Indians for over $100 million through RIL's 100 percent subsidiary IndiaWin Sports. The team had won the IPL crown in 2013, 2015 and 2017.

• Former Microsoft CEO, Steve Ballmer who own the Los Angeles Clippers team placed at the second spot in the list. He purchased the basketball team for about $2 billion after he retired from Microsoft. Red Bull energy drink company founder Dietrich Mateschitz followed at number three spot. He owns Red Bull Toro Rosso Honda, Formula One team Red Bull Racing and MLS club New York Red Bulls.

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Important Current Affairs of 18th March

NATIONAL:

New hydro policy will help to meet renewables target.

• The Union Cabinet approval to the new hydroelectricity policy that, among other things, included large hydro projects within the ambit of renewable energy. Prior to the policy, only small hydro projects of a capacity of less than 25 MW were treated as renewable energy. Large hydro projects were treated as a separate source of energy.

•  India’s renewable energy sector had an installed capacity of 75,055.92 MW as of February 2019, according to data with the Central Electricity Authority. This made up about 21.4% of the overall energy mix, with the rest coming from thermal, nuclear and large hydro sources.  With the inclusion of large hydro in renewable energy, the energy mix changes drastically. Renewable energy capacity would now be 1,20,455.14 MW or 34.4% of the overall energy mix.

NGT directed 6 states to submit action plans for bringing air quality standards.

• The National Green Tribunal (NGT) has directed six States to submit by April 30 action plans for bringing air quality standards within the prescribed norms, failing which they would be liable to pay environment compensation of Rs.1 crore each.  A Bench headed by NGT Chairperson Justice Adarsh Kumar Goel ordered the Chief Secretaries of Assam, Jharkhand, Maharashtra, Punjab, Uttarakhand and Nagaland governments to submit their plan within the stipulated time

Second Scorpene submarine Khanderi ready for induction.

• The Navy is set to induct the second Scorpene submarine Khanderi by early May. The remaining submarines in the series are in advanced stages of manufacturing and trials. Khanderi was launched into the water in January 2017 and has since been undergoing a series of trials.

• Also, the fourth submarine Vela is ready to be launched into the water for trials around the same time depending on the ocean tide.  Mazagon Dock Limited (MDL), Mumbai, is manufacturing six Scorpene submarines under technology transfer from Naval Group of France under a 2005 contract worth $3.75 bn.

• After a series of delays in the project, the first submarine of the class Kalvari joined service in December 2017. The entire project is expected to be completed by 2020.

India and Maldives agreed to cooperate on defence, development, health.

• India and the Maldives discussed measures to strengthen ties and agreed to collaborate in the fields of defence, development cooperation, capacity building and health as External Affairs Minister Sushma Swaraj held talks with the country’s top leadership, including her Maldivian counterpart Abdulla Shahid.

• Ms. Swaraj and Maldivian Foreign Minister Shahid reviewed progress on important bilateral issues, including implementation of agreed outcomes of President Solih’s visit to India during 2018. She unveiled a plaque dedicating the renovated IGM Hospital to the people of Maldives in the city of Male. IGMH is the first and largest government health-care facility in the Maldives, built with Indian assistance.

Nara Lokesh, Poonam Mahajan among Indians in Young Global Leaders list.

• Andhra Pradesh IT minister Nara Lokesh, BJP MP Poonam Mahajan and Xiaomi India head Manu Kumar Jain are among the Indians featuring in the list of Young Global Leaders, according to the World Economic Forum (WEF). Telangana government's Chief Innovation Officer Phanindra Sama, SaveLife Foundation's Piyush Tewari and Kaleidofin's co-Founder Sucharita Mukherjee are also in the list. The list has 127 of the world's "most promising social activists, business leaders, public servants, artists and technologists under the age of 40".

Climate Vulnerability Index Highest For Assam And Mizoram.

• Indian scientists have developed a common framework for the assessment of climate change vulnerability in all the states in the Himalayan region. The assessment shows that the vulnerability index is the highest for Assam (0.72) and Mizoram (0.71). Sikkim is the least vulnerable state with the index being 0.42. Assam is highly vulnerable to climate change because of factors like low per capita income, deforestation, large number of marginal farmers, least area under irrigation, lack of alternative sources of income and high rates of poverty.

ANNOUNCEMENTS AND LAUNCHES:

Aviva Life Insurance launches Special Mentorship Programme Wings.

• Aviva Life Insurance announced the launch of ‘Wings’, a specially designed mentorship program to empower the female workforce. Wings program is an initiative of the SHE division of Aviva Life Insurance for mentoring all the women employees in Aviva.

BCCI announced Dream11 as official partner of VIVO IPL.

• The Board of Control for Cricket in India (BCCI), announced Dream11, India’s Biggest Sports Game, as the Official Partner for the VIVO Indian Premier League (IPL). This 4-year exclusive partnership will begin with the upcoming IPL 2019 season. Additionally, the ‘Official Fantasy Game’ of IPL will also be powered by Dream11.

APPOINTMENTS:

Santosh Jha appointed as The Next Ambassador Of India to the Republic Of Uzbekistan.

• Santosh Jha presently Deputy Chief of Mission, Embassy of India, Washington appointed as the next Ambassador of India to the Republic of Uzbekistan. Presently, Mr Jha working as Deputy Chief of Mission, Embassy of India, Washington DC USA.

Kotak Mahindra Bank has appointed KVS Manian, Gaurang Shah as board directors.

• KVS Manian and Gaurang Shah appointed as Kotak Mahindra Bank ’s whole-time directors for a three-year term effective from the date of approval from the Reserve Bank of India. He is currently working as the president – corporate, an investment bank and Gaurang Shah is the president- group chief risk officer of the bank

Pinaki Chandra Ghose named as Indias first Lokpal.

• Pinaki Chandra Ghose is likely to be India’s first anti-corruption ombudsman or Lokpal. He is the former Supreme Court judge and current member of the National Human Rights Commission (NHRC). The decision was made by the PM-led high-level selection committee.  Mr.Ghose was appointed as judge of the Calcutta High Court in 1997 and went on to become Chief Justice of Andhra Pradesh before his elevation to the Supreme Court in 2013. The Lokpal Act, which was passed in 2013 after a nationwide anti-corruption movement.

• The act provides for setting up of Lokpal at the centre and Lokayuktas in the States to probe corruption complaints against top functionaries and public servants. A Lokpal is an anti-corruption authority or ombudsman who represents the public interest. The Lokpal has jurisdiction over all Members of Parliament, central government employees, including the Prime Minister and the Chief Ministers in cases of corruption.

SPORTS:

Diksha, 18-yr-old becomes 2nd Indian golfer to win on Ladies European Tour.

• Diksha Dagar became the second Indian woman golfer to win an event on Ladies European Tour after clinching South African Women's Open in Cape Town. Aditi Ashok was the first Indian to win on the Ladies European Tour after clinching Hero Women's Indian Open in Gurugram in 2016.

OCA reinstated Chess in Asian Games 2022.

• Olympic Council of Asia (OCA) decided to reinstate the Chess game to the Asian Games fold for the 2022 edition in Hangzhou. The top players welcomed the return of Chess.

• The OCA General Assembly met in Bangkok on March 3 and its president Sheikh Ahmad al-Fahad Al-Sabah officially confirmed the development to World Chess Federation (WCF) president Arkady Dvorkovich.

• Chess was a part of the Asian Games programme at the 2006 edition in Doha and 2010 in Guangzhou. India won two gold medals at Doha, and two bronze in the 2010 edition at Guangzhou.

T. Irfan became first Indian athlete to qualify for Tokyo Olympics.

• A 29-year-old Indian athlete from Kerala, K.T. Irfan qualified for the Tokyo Olympics as he finished fourth in the men’s 20 kilometre category at the Asian Race Walking Championships in Nomi, Japan. He got qualified for next year's Tokyo Olympics.

• He made the cut after finishing fourth at the Asian Race Walking Championship at Nomi in Japan.  The fourth-place finishes also ensured a berth in the upcoming International Association of Athletics Federations (IAAF) World Championship in Doha that begins in September. The Two other Indian race walkers, who qualified for the World Championship are Devinder and Ganapati.

BANKS AND ECONOMICS:

RBI allows HDFC Bank to hold only 9.9 percent in Bandhan Bank.

• HDFC, India’s largest mortgage lender, which has agreed to merge its low-cost arm Gruh Finance Pvt. Ltd. with Bandhan Bank, can hold 9.9 percent in the bank, according to its exchange filing. That’s the maximum a non-banking finance company can own in a private bank. HDFC had sought approval for 14.96 percent.

AWARDS:

Former ISRO scientist Nambi Narayanan received Padma Bhushan from President.

• President Kovind presented Padma Bhushan to Shri Sankaralingam Nambi Narayanan for Science & Engineering. Shri Narayanan is an accomplished scientist with more than three decades of experience in Indian Space Research Organisation. The scientist was instrumental in developing the Vikas engine that would be used for the first PSLV that India launched.

• But, Nambi Narayanan, who was falsely implicated in the ISRO spy case, was accused of selling state secrets comprising confidential test data from rocket and satellite launches. In 1994, Narayanan was arrested by Kerala police over espionage charges, which were dismissed by CBI in 1996. The Supreme Court declared him not guilty in 1998 and ordered Kerala to pay ₹50-lakh compensation over "mental torture" in 2018

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Important Current Affairs 17th March 2019

NATIONAL:

India sets aspirational target for engineering exports at USD 200 bn by 2025.

• India can achieve a three-fold "aspirational" increase in its engineering exports to reach $200 billion by 2025, if concerted efforts are made by the government and industry to develop a conducive ecosystem, and ensuring inputs at competitive prices, according to an EEPC India-Deloitte strategy paper. India's engineering exports, which contribute 25 per cent to the overall merchandise shipments, are projected to touch about $80-82 billion in the current financial year ending March 31.

West Bengal has maximum first-time voters in Lok Sabha polls.

• According to Election Commission, West Bengal has the maximum number of first-time voters, around 20.1 lakh, in the upcoming Lok Sabha elections. WB is followed by Uttar Pradesh and Madhya Pradesh, with around 16.7 lakh and 13.6 lakh first-time voters, respectively. The number of people eligible to vote has reportedly increased by 8.4 crore as compared to 2014 General Elections. Over 1.5 crore voters are in the age group of 18-19 years. These "young voters" constitute 1.66 per cent of the total electors.

AFINDEX 2019 held at Pune.

• Africa-India Joint Field Training Exercise (AFINDEX-19) between the Indian Army and 16 African nations will be conducted in Pune from March 18 to 27. The joint exercise would be held at Pune's Foreign Training Node at Aundh Military Station and College of Military Engineering in Kirkee. 

Features of AFINDEX-19:

♦ 10 personnel, each from the participating nations from the African continent and personnel of Maratha Light Infantry of the Indian Army will participate in the joint exercise

♦ The exercise aims to train the participating contingents in Humanitarian Mine Assistance (HMA) and Peace Keeping Operations (PKO) under the United Nations Charter through practical

♦ Contingents from Egypt, Ghana, Nigeria, Senegal, Sudan, South Africa, Tanzania, Namibia, Mozambique, Uganda, Niger & Zambia are part of the joint exercise together with officers from Rwanda, Democratic Republic of Congo and Madagascar as Observers

Erode Turmeric received GI tag.

• Erode Turmeric has finally received GI tag from the Geographical Indication Registry. Erode is the city in the state of Tamil Nadu. The product to acquire GI tag has to indicate that a product of a particular origin has a certain quality or reputation or some other characteristics, which is essentially attributable to its geographical origin.

The uniqueness of the Erode Turmeric:

♦ Erode Turmeric is golden yellow in colour with resistance to pests after boiling

♦ Erode turmeric contains 2.5 to 4.5% of curcumin content

♦ Erode Turmeric is grown in hot moist conditions prevalent in the area with temperature ranging from 20 degrees to 37.9 degrees Celsius with an average of 600 to 800 mm rainfall in a year Geographical Indication defines the goods as originating in the territory of a country or a region or locality in that territory, provided a given quality reputation or other characteristics of the product are attributable to its geographical origin.

Income Tax dept cracks down on terror funding in Kashmir valley.

• Income Tax Department conducted search actions at 5 locations in the Kashmir Valley. Few places in Jammu were also searched. In a release, the CBDT said, these actions are part of the Department’s continued drive against use of black money by disruptive elements in the State.

• It said, the operations also send a message of deterrence and obviation to those intending to vitiate the democratic process of free and fair elections.  The preliminary results are extremely encouraging. In the aggregate, undisclosed cash of one crore 44 lakh and unaccounted jewellery of 2.48 crore rupees has been seized.

NITI Aayog and USAID organised IEMF.

• Niti Ayog in association with the United States Agency for International Development (USAID) organized the first workshop on the development of the India Energy Modelling Forum (IEMF). The workshop was organized under the Sustainable Growth Pillar of the India-U.S. Strategic Energy Partnership.

•  IEMF aims to improve cooperation and coordination between modelling teams, the Government of India, knowledge partners and think-tanks, build the capacity of Indian institutions, and identify issues for joint modelling activities and future areas of research. The workshop featured eight expert sessions which saw discussions around the various aspects of setting up an India-centric energy modelling platform and was attended by various central government ministries and agencies.

SPORTS:

South Africas Duminy announces retirement from ODIs after 2019 World Cup.

• The 2019 World Cup will be Duminy's third appearance in the tournament, having featured for South Africa in 2011 in the subcontinent and in 2015 in Australia and New Zealand. Allrounder Jean-Paul Duminy had already retired from Test cricket in September 2017 after featuring in 46 matches. Duminy has played 193 ODIs so far - scoring 5047 runs at an average of 37.39 - in addition to bagging 68 wickets.

Argentina, Colombia set to co-host Copa America in 2020.

• Argentina and Colombia have been chosen in principle to co-host the 2020 Copa America. The 2020 Copa América will be the 47th edition of the Copa América. 2019 Copa América will be  staged in Brazil between June 14 and July 7. The Copa América is the world's oldest international football tournament. The event was first held in 1916 in honour of the 100th anniversary of Argentina's independence—with Uruguay winning the inaugural title.

Sourav Ganguly appointed as advisor of Delhi Capitals for IPL 2019.

• Former India captain Sourav Ganguly was appointed as the advisor of Delhi Capitals (formerly known as Delhi Daredevils) for the upcoming edition of Vivo Indian Premier League (IPL), where he will work closely with the team’s head coach Ricky Ponting. With Captain Shreyas Iyer, Delhi Capitals will be facing Mumbai Indians on 24th March 2019 at the Wankhede Stadium.

BANKS AND ECONOMY:

State Bank of India launched YONO Cash for cardless withdrawal of cash.

• State Bank of India launched ‘YONO Cash’ for cardless withdrawal of cash at over 16,500 SBI ATMs across the country. With this facility, customers can initiate the cash withdrawal process on the YONO app and set a six-digit YONO Cash PIN for the transaction.  They will also get a six-digit reference number for the transaction on their registered mobile number via SMS. The withdrawal has to be completed in the next 30 minutes at the nearest ATM. The initiative will also address their concern of using debit card at the ATMs for cash withdrawals by eliminating possible risk associated with it.

AWARDS:

Manmohan Singh presented the Business Line Changemaker of the Year award to Arun Jaitley.

• Union Finance Minister Arun Jaitley received the award over successful implementation of the Goods and Services Tax (GST). The award was also presented to the petitioners against Section 377 of the Indian Penal Code (IPC), which criminalised homosexuality.

Indian Embassy in Nepal awarded 200 scholarships to meritorious Nepali students.

• The Indian Embassy in Nepal has announced 200 scholarships to meritorious Nepali students for continuing various undergraduate courses at colleges and universities. The scholarships were granted under the Golden Jubilee Scholarship scheme.

• Golden Jubilee Scholarship scheme was initiated by the Indian Embassy in Nepal to mark the completion of 50 years of India-Nepal Economic Cooperation. This year the scholarship programme covered 36 undergraduate courses including MBBS, BDS, BE, BSc and BBA The recipients of the scholarships represent 50 districts of Nepal. Under the scheme, an MBBS/BDS student receives NRs. 4,000/- per month for five years, a BE student receives NRs. 4,000/- per month for four years and a student studying in other undergraduate courses receives NRs. 3,000/- per month for three years. Those provided scholarship included 45% of girls and 8% differently-abled students.

INTERNATIONAL:

India welcomes France's decision to sanction Masood Azhar.

• India welcomed the decision taken by France to sanction Jaish-e-Mohammed Chief Masood Azhar.  In a tweet, External Affairs Ministry spokesperson Raveesh Kumar said, Azhar who is a Pakistan-based and his outfit is UN proscribed terrorist organisation who is responsible for the Pulwama terrorist attack. Earlier, France has decided to freeze all assets of Pakistan based terror outfit Jaish-e-Mohammed, JeM chief Masood Azhar, in the application of the country's Monetary and Financial Code.

• The French government's Ministry of Europe and Foreign Affairs, France always been and always will be by India's side in the fight against terrorism.  France has decided to sanction Masood Azhar at the national level by freezing his assets in the application of the Monetary and Financial Code.                                  

OBITUARIES:

Goa CM Manohar Parrikar Passes Away Aged 63 After Battle with Pancreatic Cancer.

• Manohar Parrikar, Goa Chief Minister and former defence minister, has passed away at the age of 63 after a long battle with pancreatic cancer. Parrikar was diagnosed with advanced pancreatic cancer in February 2018 and had been in and out of hospitals in Goa, Mumbai, Delhi and New York since.

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Important Current Affairs of 16th March

NATIONAL:

Kent RO receives the Best Domestic Water Purifier Award 2019.

• Kent RO Systems Pvt. Ltd. has been bestowed with the Best Domestic Water Purifier Award 2018-19 for its RO (Reverse Osmosis)+ UV + UF (Ultra Filtration) technology at the Water Digest Water Awards organized at The Lalit, New Delhi. Water Digest Water Awards is backed by the Ministry of Water Resources, River Development and Ganga Rejuvenation and UNESCO.

• Reverse Osmosis (RO) removes the all pollutants and contaminants from water, UV also known as Ultra Violet Radiation kills bacteria and virus and Ultra Filtration, an additional layer of security which works without electricity, filters remnants of microbial bodies. Thus, a combination of all three provides multistage purification which makes the water 100% safe and pure.

Students of IIT Kharagpur developed app to detect Fake Notes.

• The Students from IIT- Kharagpur has devised a code for a Smartphone application to address the problem of detecting fake Indian currency. Detecting Fake Currency Students of IIT- Kharagpur has developed an image processing application which can detect counterfeit currency.

•  A user can upload a currency note image and the mobile app would verify its authenticity using 25 features extracted from the front and rear side of the currency note. If the app finds the discrepancies with the features it reports about the failure checkpoints.  Smart India Hackathon 2019 organised by Ministry of Human Resource and Development in association with AICTE, i4c and Persistent Systems. It provides an unique Open Innovation Model for identifying new and disruptive technology innovations to solve the challenges faced in the country.

NGT suspended the expansion of Udupi thermal plant.

• The Principal Bench of National Green Tribunal (NGT), New Delhi, has ordered the suspension of the Environmental Clearance of August 1, 2017, granted for the expansion of the thermal plant of Udupi Power Corporation Ltd. (UPCL) at Yellur in Udupi district by addition of 2 x 800 MW units to raise ultimate capacity to 2,800 MW.  The move is after the appeal of an NGO which opposed the thermal power plant at Yellur in Udupi district. The tribunal held that clearances granted for the setting up of the power plant were illegal. It directed the State government to conduct a study of carrying capacity of the area. It also ordered the company to pay Rs.1 lakh as cost to the petitioners.

Karnataka government plans for cloud seeding project.

• The government of Karnataka is planning for cloud seeding project due to drought and to influence the upcoming monsoon and capture as much water as possible from the rain clouds. The State government has called the tenders for cloud seeding operations to enhance rainfall during the monsoons of 2019 and 2020. The cost is expected to be Rs.50 crore per year.

• Earlier Efforts of Karnataka Karnataka had undertaken a similar exercise through Project Varshadhare in 2017.  Cloud Seeding is a process of intervening chemically to induce precipitation rain or snow from clouds. Cloud seeding aims to facilitate and accelerate the process by making available chemical nuclei for condensation to take place.

• The agents used as nuclei are iodides of silver or potassium, dry ice (solid carbon dioxide), or liquid propane.

Joint exercises to be conducted by US army and NSG in Hyderabad.

• The US military forces and the Indian National Security Guard (NSG) is conducting joint exercises in Hyderabad. This would be a part of the US-India security partnership. The aim of these exercises is to enhance preparedness and tackle any crisis that affects the public health and safety. The exercise is witnessing participation by the 1st Battalion and the 1st Special Forces Group (Airborne) stationed out of Okinawa, Japan. The exercise will be overseen from the US Embassy, New Delhi and US Special Operations Pacific Command at Camp HM Smith in Hawaii.

President Ram Nath Kovind inaugurated festival of Innovation and Entrepreneurship in Gandhinagar.

• President of India Ram Nath Kovind inaugurated the Festival of Innovation and Entrepreneurship (FINE) in Gandhinagar, Gujarat. 10th Biennial National Grassroots Innovation awards were also distributed by the President on the occasion.

• The event will provide a platform to the innovators for building the linkages with potential stakeholders whose support can improve the prospects in the coming years for the betterment of the society. FINE is a unique initiative of the Office of the President of India to recognize, respect and reward grassroots innovations and foster a supportive ecosystem. President Kovind awards National Grassroots Innovators.

• For innovations in new varieties of agriculture crops, Prakash Singh Raghuvanshi from Uttar Pradesh has been awarded lifetime achievement award.

USFDA approved Glen marks generic version of acne treatment gel.

• Glenmark Pharmaceuticals received its final approval from the United States Food & Drug Administration (USFDA), the US health regulator, for its generic version of BenzaClin gel used in the treatment of acne.

• The approval granted to Glenmark Pharmaceuticals Inc, USA (Glenmark) by the USFDA is for Clindamycin and Benzoyl Peroxide Gel, 1 per cent|5 per cent, a generic version of BenzaClin1 Gel, 1 per cent/ 5 per cent, of Valeant Bermuda. Citing IQVIATM sales data, Glenmark said BenzaClin Gel, 1 per cent/ 5 per cent had sales of $99.4 million in the 12-month period ended January 2019. Glenmark’s current portfolio consists of 151 products authorised for distribution in the US with 53 ANDAs (Abbreviated New Drug Applications) pending approval with the USFDA.

SPORTS:

India to host FIFA Under-17 Women's World Cup in 2020.

• International Football Federation (FIFA) President Gianni Infantino announced that India will host the U-17 Women's World Cup in 2020. The tournament in India will be the seventh edition. By virtue of being the host country, India will take part in the tournament for the first time in its history. This will be the second FIFA tournament India will be hosting, after the U-17 Men's World Cup in 2017. The U-17 women's tournament began in 2008, when New Zealand hosted it. Spain are the current champions.

ESPN World Fame 100 list: Virat Kohli the only Indian in Top 10.

• This year’s ESPN World Fame 100 list, an annual list of the most famous athletes on the planet, placed the Portuguese footballer Cristiano Ronaldo at the top spot, followed by former Basketball player Lebron James and FC Barcelona captain Lionel Messi. Indian skipper, Virat Kohli, stands on the seventh position and is the only Indian athlete in the top 10 club, whereas Dhoni is placed on the 13th position. There were only three women in the list- Serena Williams (17), Maria Sharapova (37) and Sania Mirza (93); making Sania Mirza the only Indian woman athlete to feature in the list.

Karnataka defeated Maharashtra to win Syed Mushtaq Ali Trophy.

• Karnataka defeated Maharashtra to win their maiden Syed Mushtaq Ali Trophy at the Holkar Cricket Stadium in Indore. With the win, Karnataka set a record of most number of wins in a row by an Indian domestic team as they won 14 T20 matches to lift the coveted T20 trophy.

Narasimha appointed as mediator to resolve disputes of cricket administration by SC.

• Supreme Court appointed senior advocate P. S. Narasimha, as a mediator for resolving various disputes related to cricket administration in the country. A bench of Justices S. A. Bobde and A. M. Spare was informed by P. S. Narasimha that former apex court judge Justice (retd) D. K. Jain has assumed charge as the ombudsman of Board of Control for Cricket in India (BCCI). The bench also asked P. S.

Winners list of 2019 All England Open Badminton Championships.

• All England Open Badminton Championships 2019 was held from 6 Mar 2019 to 10 Mar 2019 at Arena Birmingham, Birmingham, United Kingdom. The Winners in the various categories of the are: Men's Singles: Japan's Kento Momota Women's Singles: China's Chen Yufei Men's Doubles: Indonesia's Mohammad Ahsan & Hendra Setiawan Women's Doubles: China's Chen Qingchen & Jia Yifan Mixed Doubles: China's Zheng Siwei & Huang Yaqiong All England Open Badminton Championships All England Open Badminton Championships held annually in England is the world's oldest badminton tournament. The genesis of the tournament can be traced to open tournament held in the English town of Guildford in 1898, the success of this tournament paved the way for the All England's inaugural edition, which was held at London's Horticultural Halls in 1899.

INTERNATIONAL:

India gets first TIR shipment via Chabahar Port from Afghanistan.

• he first shipment under the United Nations ‘Transports Internationaux Routiers’ (TIR) convention arrived in India from Afghanistan through Iran’s Chabahar Port. TIR allows goods to be sealed in compartments and requires no need for physical checking of the contents.

• This enables shipments to pass through countries without being opened at borders. India joined the TIR Convention (the United Nations Customs Convention on International Transport of Goods under cover of TIR Carnets) on June 15, 2017. India took over the operations of a part of Shahid Beheshti Port, Chabahar in Iran in December 2018.

Geographical Indication (GI) tag granted to Coorg Arabica Coffee and 4 other varieties of Coffee by the Geographical Indications Registry.

• Geographical Indication (GI) tags have been granted to Coorg Arabica Coffee, Wayanad Robusta Coffee, Chikmagalur Arabica Coffee, Araku Valley Arabica Coffee and Bababudangiris Arabica Coffee, by the Geographical Indications Registry on 1st March 2019. Coorg Arabica Coffee is grown in Kodagu, Karnataka. Wayanad Robusta Coffee is grown in Wayanad, Kerala. Chikmagalur Arabica Coffee and Bababudangiris Arabica Coffee are grown in Chikmagalur, Karnataka.

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Important Current Affairs of 15th March

NATIONAL:

Brookfield acquires RILs East West Pipeline

• India Infrastructure Trust, an infrastructure investment trust (InvIT), sponsored by Brookfield, will acquire the East West Pipeline for Rs. 3,000 crore.

• The pipeline is owned by Reliance Industries Ltd’s promoters’ family.  As a part of the transaction, the InvIT would acquire 100% equity interest in Pipeline Infrastructure Private Ltd. which currently owns and operates the pipeline.

• Following this acquisition by Brookfield, the existing pipeline usage agreement has been reworked.  Now, reserved capacity will be cut to 33 Million Metric Standard Cubic Meter Per Day (MMSCMD) against 56 MMSCMD and any unutilised capacity payment by RIL will be the difference between Rs.500 crore a quarter and actual revenue earned by PIPL.

DRDO successfully test fired Man Portable Anti-tank Guided Missile

• Defence Research and Development Organisation (DRDO) successfully test-fired Man Portable Anti-Tank Guided Missile (MPATGM) in the desert ranges of Rajasthan.

• The MPATGM is a third-generation anti-tank guided missile (ATGM) comes loaded with a high-explosive anti-tank (HEAT) warhead. It has a maximum engagement range of about 2.5 kilometers. The indigenously developed missile has features like a state-of-the-art imaging infrared radar seeker with integrated avionics.

Arecanut Gets Its First GI Tag For Sirsi Supari

• Registrar of Geographical Indications, Government of India, accorded a GI tag, ‘Sirsi Supari’, to arecanut grown in Sirsi, Siddpaur and Yellapur taluks of Uttara Kannada district in Karnataka. The Totagars’ Cooperative Sale Society (TSS) Ltd, a Sirsi-based agri cooperative, is the registered proprietor of the GI ‘Sirsi Supari’.

NTPC partners with Indian Railways for fly ash transportation

• State-run National Thermal Power Corporation Ltd. (NTPC) has teamed up with the Indian Railways for fly ash transportation. The partnership is to help enhance ash utilisation at Rihand and Vindhyachal Super Thermal Power plants.  NTPC had signed a memorandum of understanding with Hazipur-based East Central Railway Zone for transportation of fly ash under Indian Railways’ Special Freight Train Operator scheme.

IFFM to be from 29th March at Malappuram, Kerala

• The 77th International Film Festival of Malappuram (IFFM) organised by the Rasmi Film Society will be held at Malappuram, Kerala on March 29, 30 and 31. Actor Indrans will inaugurate the festival at the Municipal bus-stand auditorium, named after filmmaker Mrinal. Sen.V.C. Abhilash’s Aalorukkam will be the inaugural film. There will be 11 films in the World, Indian and Malayalam categories.

RInfra to sell Delhi-Agra Toll Road in Rs 3,600 crore deal

• Reliance Infrastructure (RInfra) has signed a "definitive binding agreement" with Singapore-based Cube Highways and Infrastructure for sale of its 100 per cent stake in Delhi-Agra (DA) Toll Road Pvt Ltd. The deal is valued over Rs 3,600 crore.

• In addition, NHAI claims of Rs 1,200 crore to be filed by DA Toll Road will flow directly to Reliance Infrastructure. DA Toll Road Pvt Ltd is the special purpose vehicle (SPV) of RInfra, which operates the 180 kilometre long six-lane road that connects the national capital with Agra on National Highway-2.

ECI to launch Observer App

• The Election Commission of India (ECI) is to launch the Observer App, a mobile application, that will help poll observers to submit reports.

•  The poll observers will get all the important notifications and alerts through the ‘Observer App’. It will also help them get their deployment status and download the ID card. As the observers will be involved in real-time disposal of cases of violation of the Model Code of Conduct and expenditure received through another mobile application ‘cVIGIL’, those details will also be available on the ‘Observer App’.

BANK AND ECONOMICS:

Russia releases coin commemorating annexation of Crimea.

• A new coin that features the Crimea or Kerch Strait Bridge released by Russia’s central bank, to mark Crimea’s reunification with Russia. Two million new five ruble (about $0.08, €0.07) coins were pressed which depict an outline of the peninsula which was annexed by Russia in 2014.

RBI categorises IDBI Bank as private sector lender

• IDBI Bank has been categorised as a private sector bank for regulatory purposes with effect from January 21, 2019.

• This follows  Life Insurance Corporation of India (LIC) acquiring 51 per cent of the total paid-up equity share capital of the bank. In April 2005, IDBI Bank was categorised under a new sub-group, ‘other public sector banks,’ by the RBI.

• The Bank has a high proportion of bad loans. In another release, the RBI announced that the State Bank of India, ICICI Bank and HDFC Bank will continue to be identified as Domestic Systemically Important Banks (D-SIBs). D-SIB means that a bank is 'too big to fail'.

DAY:

World Consumer Rights Day is observed on 15th March

• The consumer movement marks 15th March with World Consumer Rights Day every year, as a means of raising global awareness about consumer rights and needs. The theme for World Consumer Rights Day 2019 is ‘Trusted Smart Products’.

• The day demands that the rights of all consumers are respected and protected, and to protest against market abuses and social injustices which undermine those rights. World Consumer Rights Day was inspired by President John F Kennedy, who sent a special message to the US Congress on 15th March 1962, in which he formally addressed the issue of consumer rights. He was the first world leader to do so.

• This World Consumers Rights Day highlights what consumers want and need from a connected world. This year over 100 members in over 90 countries are coming together to mark World Consumer Rights Day.

AWARDS AND APPOINTMENTS:

M.R.Kumar takes charge as Chairman of LIC

• M.R.Kumar, the newly-appointed chairman of Life Insurance Corporation of India (LIC), has taken charge on 14th March. Mr.Kumar took over from Hemant Bhargava who had been the acting chairman since January 2019. Mr.Kumar had joined LIC as a direct recruit officer in 1983.  The government had also named two MDs for LIC, Vipin Anand and T.C. Suseel Kumar.

Sweden's 16-year-old Greta Thunberg nominated for Nobel Peace Prize

• Greta Thunberg, the 16-year-old Swedish student and activist has been nominated for a Nobel Peace Prize for her efforts in climate activism and fighting global warming. She began her weekly protest in August 2018 by riding her bicycle to the Swedish Parliament with ''School strike for climate'' sign.

• The #FridaysForFuture movement went viral and spread over 80 countries. If she were to win, she would be the youngest recipient since Pakistan's Malala Yousafzai, who was 17 when she received the Nobel Peace Prize in 2014.

Padmanaban Gopalan bagged the Commonwealth Youth Award for the Asian region

• Social entrepreneur from Tamil Nadu, Padmanaban Gopalan, founder of No Food Waste named the winner of the Commonwealth Youth Award for the Asian region worth 3,000 Pounds at a ceremony at the Commonwealth Secretariat in London. He was given the honour for his work towards achieving the UN’s Sustainable Development Goal (SDG) of Zero Hunger with his innovative system of recovering excess food to distribute to those in need. 

Army Chief Bipin Rawat conferred PVSM by President Kovind

• Army Chief General Bipin Rawat was conferred with the Param Vishisht Seva Medal (PVSM), the highest military medal award in recognition of peace-time service not accounting to gallantry, by President Ram Nath Kovind. President also awarded three Kirti Chakras and 15 Shaurya Chakras to armed forces personnel for displaying gallantry.

• Two Kirti Chakras were posthumously awarded to Sepoy Vramha Pal Singh of the Rajput Regiment and Rajendra Kumar Nain, a constable with the Central Reserve Police Force (CRPF). A Shaurya Chakra was also posthumously awarded to Ravindra Dhanawade by the President, who is the Supreme Commander of the armed forces.

Three Kirti Chakras and 15 Shaurya Chakras awarded by the President to Army Personnel

• President Ram Nath Kovind conferred 3 Kirti Chakras and 15 Shaurya Chakras to Armed Forces Personnel for displaying conspicuous gallantry, indomitable courage and extreme devotion to duty at the Defence Investiture Ceremony at Rashtrapati Bhavan, New Delhi.  2 Kirti Chakras and 1 Shaurya Chakra were given posthumously. 15 Param Vishisht Seva Medals, 1 Uttam Yudh Seva Medal and 25 Ati Vishisht Seva Medals were also conferred on senior officers of the Armed Forces for their distinguished service by the President.

INTERNATIONAL:

Special olympics World Game began in UAE

• Special Olympics World Games 2019 is held at Abu Dhabi, from March 14 to 21. The Games were declared open by Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi. There are 7,500 athletes from 190 countries taking part at the Games this year. Team India is the second largest contingent after the host UAE with 387 players, along with coaches and other staff. The Special Olympics takes place every two years and alternates between summer and winter.

UK removes cap on PhD level work visas

• U.K. announced in a Budget update, referred to as the annual Spring Statement, that from later this year all PhD-level highly-qualified roles will be exempt from any cap on the numbers that can apply and come to work in Britain.

• Indians are among the largest group of professionals set to benefit from a new U.K. government plan to remove any limit on the number of PhD-level work visas to be granted.  A key pillar of the plan is backing Britain to remain at the forefront of the technology revolution that is transforming the economy. In Order to support that ambition, the country completely exempt PhD-level roles from the visa caps.

Vienna topped the Most Liveable Cities index for the 10th year

• The Austrian capital Vienna has topped Mercer's index of most liveable cities for the 10th year in a row. Zurich in Switzerland, is placed second in the index, while Auckland, Munich and Vancouver came joint third. Chennai, the capital of Tamil Nadu is ranked at 105 in Mercer's Quality Of Living Index and is the number one city from India.

• Luxembourg was named the safest city in a separate personal safety league table. Global consulting firm Mercer surveyed in 231 cities across the globe and were ranked them based on factors such as healthcare, education, public services, recreation, crime, housing and personal freedom. The ranking was based on data analysed between September and November 2018.

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Important Current Affairs of 14th March

NATIONAL:

Chennai to get second Greenfield airport.

• The Tamil Nadu government has finally taken the first step towards building the second Greenfield airport near Chennai. Tamil Nadu Industrial Development Corporation (Tidco) Limited has issued a Request for Proposal to appoint a consultant for preparing a draft report and identify potential sites near the city.

•  Tidco was chosen as the nodal agency for selection of a consultant, officials said. No site has been identified yet. The consultant will identify and propose three potential sites near Chennai for the greenfield airport. The consultant will look at the air traffic projections and the demand and do a detailed master plan citing the necessary airside and land facilities and other infrastructure and industrial provisions the site will need.

Over 12 Indian states banned e-cigarettes.

• Following an advisory from the Union Ministry of Health and Family Welfare issued in 2018, Twelve states across India have banned Electronic Nicotine Delivery Systems (ENDS) or e-cigarettes.

• States of Punjab, Maharashtra, Karnataka, Kerala, Bihar, Uttar Pradesh, Jammu & Kashmir, Himachal Pradesh, Tamil Nadu, Puducherry and Jharkhand have taken steps to ban the use of ENDS.

• ENDS, more commonly known as e-cigarettes or “vapes" in India, are products that produce an aerosolized mixture containing flavored liquids and nicotine that is inhaled by the user.

Over 605 people have died of swine flu in 2019 so far: Health Ministry.

• According to data from the Union Health Ministry, as many as 605 people have died due to swine flu this year, with 75 deaths being reported last week. Over 19,380 people have tested positive for the virus. Rajasthan reported the highest number of swine flu cases (4,551) and deaths (162) followed by Gujarat (118 deaths  and 3,969 cases). Delhi was third with 3,362 swine flu cases and seven deaths. Swine flu is the common name for the H1N1 influenza virus. H1N1 is a self-limiting viral, air-borne disease spread from person to person, through large droplets generated due to coughing and sneezing, indirect contact by touching a contaminated object or surface and close contact, including handshaking, hugging and kissing.

India extended USD 250 million to Nepal.

• India has extended a grant assistance of up to USD 250 million to Nepal for the reconstruction of infrastructures in the areas of housing, education, health and cultural heritage that was destroyed during the devastating April 2015 earthquake which saw the death of over 9,000 people.

India ranks 16th in terms of highest number of impacted species in hotspots.

• India was ranked 16th in the world in terms of highest number of impacted species in biodiversity-rich zones (also known as hotspots) due to human actions.

• In India, 35 species affected on an average in biodiversity-rich zones. Malaysia ranks first among countries with highest number of impacted species (on an average 125 species). Southeast Asian tropical forests — including those in India’s Western Ghats, Himalaya and north-east — are among the ‘hotspots’ of threatened species.

India bans Boeing 737 MAX 8 planes after the Ethiopian Airlines crash.

• Boeing 737 Max 8 aircraft banned by the Directorate General of Civil Aviation (DGCA) in the Indian airspace from 1600 hrs IST or 1030 UTC 13th March 2019. The airlines affected by this are SpiceJet which has 13 jets of the model 8 variant and Jet Airways which has 5 jets of this variant.

Thirty four edition of Aahar International Food and Hospitality Fair begins in New Delhi.

• 34th edition of Aahar- the International Food and Hospitality Fair which is organized by India Trade Promotion Organization (ITPO) begins in New Delhi on 12th March 2019. Participants from China, Germany, Hong Kong, Italy, Indonesia, Japan, Russia, Spain, USA and UK are participating in the event.

HGS and NASSCOM to launch centre of excellence for PwDs in Bangalore.

• Hinduja Global Solutions (HGS) partnered with National Association of Software and Services Companies (NASSCOM) Foundation to launch a centre of excellence in Bengaluru for training differently-abled persons (PwDs) which will train a minimum of 100 PwDs making them industry-ready over the next 12 months with a goal to place at least 50% of them in companies already sensitised for hiring them.

• The trainees will be skilled in a variety of job roles suitable for hospitality, IT or BPM and retail industries and will also be trained on soft skills, interview skills, communication skills, and English language.

BANKS AND ECONOMY:

HDFC Bank becomes third Indian firm to cross Rs 6 lakh crore in value.

• HDFC Bank crossed the Rs. 6 lakh crore market capitalisation mark for the first time on March 13, becoming only the third Indian company to achieve the milestone.

• Reliance Industries is the most valued Indian company with a market value of Rs.8.50 lakh crore, followed by TCS at Rs. 7.50 lakh crore.

About HDFC bank:

♦ HDFC Bank is India’s largest private sector lender by assets.

♦ CEO: Aditya Puri

♦ Headquarters: Mumbai

♦ Founded: August 1994, India

RBI to inject rupee liquidity through Forex swap.

• The Reserve Bank of India (RBI) has decided to inject rupee liquidity into the system through long-term foreign exchange buy/sell swap, a first-of-its-kind instrument, used for liquidity management. The RBI would conduct dollar-rupee buy/sell swap auction of $5 billion for a three-year tenor on March 26.

•  The U.S. dollar amount mobilised through this auction would also reflect in RBI’s foreign exchange reserves for the tenor of the swap while also reflecting in RBI’s forward liabilities. This move of RBI can lower the dependence on open market operations (OMO) which have been a significant amount of the overall borrowing as higher OMOs can distort the rates curve.

AWARDS AND RESIGNATION:

Rahul Bajaj resigns as chairman of Bajaj Finserv.

• Rahul Bajaj will step down as Chairman and Non-Executive Director of Financial services company ‘Bajaj Finserv’ on May 16. However, he will continue to serve the company as Chairman Emeritus. The 80-year-old has been at the helm of Bajaj Finserv since its inception in 2007 and the Bajaj Group for around five decades.

Ved Rahi will be awarded with Kusumagraj Rashtriya Sahitya Puruskar.

• Famous Novelist and Film Director, Ved Rahi will be awarded prestigious Kusumagraj Rashtriya Sahitya Puruskar which carries a cash prize of Rs. 1 Lakh, A memento and a citation. Ved Rahi was born in Jammu in 1933 and he had written seven novels in Dogri Language. He also wrote in Hindi and Urdu. He was given Sahitya Akademi Award in 1983 for his Novel “Aale” which was written in Dogri Language.

INTERNATIONAL:

Japan announced Rs 22 lakh for Kolkata museum.

• The Japanese government announced a donation of some Rs 22 lakh ($31,800) to the Rabindra Bharati Museum, Kolkata in a bid to strengthen historical and cultural ties with India. Rabindranath Tagore, Asia's first Nobel Prize recipient, visited Japan in 1916, 1924 and 1929, renewing relations between the countries as India's leading cultural ambassador.

About Japan:

♦ Capital: Tokyo

♦ Currency: Japanese yen

♦ Prime minister: Shinzo Abe

UK issued a Black hole Coin to commemorate Stephen Hawking.

• The United Kingdom has commemorated Professor Stephen Hawking in a new 50p coin. The coin has references to the late physicist's pioneering work on black holes.  Black Hole Coin  The commemorative coin aims to celebrate the life and "ground-breaking" achievements of Hawking, who passed away in 2018. It is a commemorative coin and not for circulation as currency.

• The coin features Hawkins's name in capital letters above a rippling drawing of concentric circles, intended to represent a black hole. The coin was designed by  British engraver and printmaker Edwina Ellis. The coin is available in gold, silver, and a double thickness silver version called a piedfort. The coin has been released by UK's Royal Mint.

EU has added 10 countries in the Tax blacklist.

• The European Union has expanded its tax haven blacklist by including 10 countries. The list now has 15 countries. The list was first drawn up by EU in 2017 in the wake of several scandals that pushed the EU into doing more to fight tax evasion by multinationals and the rich.

• Seven countries Aruba, Belize, Bermuda, Fiji, Oman, Vanuatu, and Dominica were moved from greylist to blacklist due to their inability towards reform commitments. Three other countries added into the list are Barbados, the United Arab Emirates, and the Marshall Islands.

• Eu list of Tax Blacklist or Tax Havens: Tax Havens provide taxpayers with opportunities for tax avoidance, while their secrecy and opacity also serve to hide the origin of the proceeds of illegal and criminal activities. Features of these Tax Havens include low or zero taxation, fictitious residences (with no bearing on reality) and tax secrecy.

Krishna Kumari Kohli becomes the first Thari Hindu woman to be elected to the Senate of Pakistan.

• Krishna Kumari Kohli appointed as the first female senator of Pakistan from the Hindu Dalit community. She is also the first Thai Hindu woman to be elected to the Pakistan Senate. On 8th March 2019, which was celebrated as the International Women’s Day, she chaired the session of the Upper House of Parliament.

Industrial production growth declined to 1.7% in January 2019 as per CSO report.

• The Central Statistics Office (CSO) has released the data for the Index of Industrial Production (IIP) for the month of January. The IIP data shows that: Industrial output growth stood at 1.7% in January against the 2.6% growth recorded in December 2018.  Eleven out of the twenty-three industry groups in the manufacturing sector have shown positive growth during the month of January 2019 as compared to January 2018. The cumulative industrial production increased by 4% in April-January FY2019 compared with 4.1% growth in April-January FY2018.

Japan plans to stun the world in 2020 Olympics.

• Driverless cars, robot volunteers and ultra high-definition TV: Japan Inc. plans to use the Tokyo 2020 Olympics to show the world it has regained its touch for innovation and technology.  The last time Japan hosted the summer games, Tokyo 1964, it stunned the visitors with its shinkansen, the sleek high-speed bullet train that has since become a byword for cool and efficient transport.

•  The country used the games as a springboard to dominate the tech world. From Sharp's LCD (Liquid Crystal Display) screens to the Sony Walkman, Japan enjoyed an unparalleled reputation in the vanguard of technological innovation. Japan’s vision for the 2020 Games includes an aspiration to make them the most innovative in history.

NASA to send women to Mars.

• NASA, the US Space agency, said that the first person to set foot on Mars is likely to be a woman. It said that women are at the forefront of the U.S. space agency’s upcoming plans.

• NASA recently announced that it will have its first all-female spacewalk at the end of the month when astronauts Anne McClain and Christina Koch will get to float around in space. NASA has the first all-female spacewalk at the end of March, which is, of course, National Women’s Month. So NASA is committed to making sure that it has a diverse set of talent. It is also looking forward to the first woman on the Moon.

DAY:

World Kidney Day 2019 is observed on 14th March.

• World Kidney Day 2019 is observed on 14th March. The theme of the World Kidney Day 2019 is Kidney Health for Everyone Everywhere.  Second Thursday of March every year is observed as World Kidney Day every year as a global health awareness campaign focusing on the importance of the kidneys and reducing the frequency and impact of kidney disease and its associated health problems worldwide.

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Important Current Affairs of 13th March

NATIONAL:

India-Bangladesh Jointly Inaugurated 4 Development Projects

• Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina, jointly unveiled e-plaques for development projects in Bangladesh, through video conferencing.

• This was the sixth such video conference between PM Modi and Prime Minister Hasina.

E-plaques were unveiled for the following 4 development projects:

♦ Supply of buses and trucks,

♦ Inauguration of 36 community clinics,

♦ Inauguration of 11 water treatment plants, and

 ♦ Extension of National Knowledge Network to Bangladesh.

Facebook launched Facebook Hubs to aid start-ups.

• Facebook launched ‘Facebook Hubs’ at 20 locations in India to support the start-up ecosystem in the country.

• These hubs will help foster innovation and support for the community by hosting mentor hours and trainings, workshops, roundtable discussions.

• The company has partnered with co-working company 91springboard. These hubs will be part of a global network for training and mentoring facilities for start-ups, among others.

Six lakh employees to be trained to handle 96000 VVPAT Machines in Maharashtra.

• For the first time in Lok Sabha elections, VVPAT (Voter Verifiable Paper Audi Trail) machines are to be used all over the country. In Maharashtra, 96000 VVPAT machines will be used in 48 Lok Sabha constituencies and process for training 6 lakh employees to handle these machines has begun. They will be provided with training at three levels.

• VVPAT system is complimentary for electronic voting machines (EVMs) and receipt of voting will be given to the voters through these machines. Information regarding vote cast to a particular candidate by the voter can be available after pressing a button on VVPAT machine. A receipt will be given in seven seconds after voting to the voter.

ECI to launch cVIGIL on 18th March.

• Election Commission of India has developed cVIGIL, a mobile app, for the upcoming Lok Sabha election. ‘cVIGIL’ stands for 'Vigilant Citizen’.

•  It is expected to be launched on 18th March 2019. It will be available on Google Playstore. Complaints regarding the model code of conduct and violations can be lodged in during election time.

• To lodge a complaint, a voter should download the app from Google Play Store. Photos and two-minute video clippings regarding the violation including threatening of voters, causing enmity between voters on caste and religious lines, character assassination of candidates, can be uploaded via the app. Complainants also have the option to remain anonymous. Within 100 minutes of filing the complaint, the complainant will receive feedback on the action taken.

Vastradan Campaign has set the Guinness World Record.

• Vastradan Campaign initiated by the erstwhile royal family of Udaipur has set the Guinness World Record for the largest collection of clothes for donation.

• Through the Vastradan Campaign, over 3,29,250 pieces of clothing from over 76,000 donors were collected and distributed to the needy. The campaign reached out to over 120 schools, 15 colleges and around 30 NGOs.

• The certificate for the Guinness World Record was handed over to Lakshyaraj Singh Mewar, a descendant of Rajput ruler Maharana Pratap. The campaign highlighted the empathy of the citizen's especially young boys and girls.

WHO released the Global Influenza Strategy 2019-2030.

• World Health Organization (WHO) released a Global Influenza Strategy for 2019-2030 aimed at protecting people in all countries from the threat of influenza, one of the world’s greatest public health challenges. The aim of the strategy is to prevent seasonal influenza, control the spread of influenza from animals to humans, and prepare for the next influenza pandemic.

• Every year across the globe, there are an estimated 1 billion cases, of which 3 to 5 million are severe cases, resulting in 290000 to 650000 influenza-related respiratory deaths. WHO recommends annual influenza vaccination as the most effective way to prevent influenza, which is especially important for people at higher risk of serious influenza complications and for health care workers.

• The new strategy is the most comprehensive and far-reaching that WHO has ever developed for influenza and it outlines a path to protect populations every year and helps prepare for a pandemic through strengthening routine programmes. For more than 65 years, the Global Influenza Surveillance and Response System (GISRS), comprised of WHO Collaborating Centres and national influenza centres, have worked together to monitor seasonal trends and potentially pandemic viruses and this system serves as the backbone of the global alert system for influenza. 

DRDO developed a range of Casualty Combat drugs.

• The Defence Research and Development Organisation (DRDO) has developed a range of combat drugs that can extend the golden hour till the soldier or an armoured unit is shifted to hospital after an attack. This range of drugs can bring down the death toll.

• The spectrum includes bleeding wound sealants, super absorptive dressings, and glycerinated salines. It can save lives in the event of warfare in the jungle and high altitude areas as well as in terror attacks.

• These medicines ensure that soldiers do not suffer from unwanted blood loss while being taken to better healthcare from war zones. This range of casualty drugs is aimed at enhancing the chances of survival and minimum disability by providing effective first aid care within the golden hour.

Defence Research and Development Organisation (DRDO):

♦ Formed on: 1958

♦ Headquarters: New Delhi

♦ Minister responsible: Nirmala Sitharaman

♦ Parent: Ministry of Defence

♦ It is charged with the military's research and development

Indias first LGBTQ Clinic and HIV treatment centre inaugurated by Humsafar Trust in Mumbai.

• The first HIV (Human Immunodeficiency Virus) treatment centre and holistic clinic for lesbian, gay, bisexual, transgender and queer (LGBTQ) by Humsafar trust in Mumbai, Maharashtra.

• The founder of Humsafar Trust, Ashok Row Kavi announced that the center will be open for all and it will give provide counselling.

BANKS AND ECONOMICS:

RBI to become World's 10th largest holder of gold.

• According to data provided by the World Gold Council (WGC), India has the 11th largest gold reserve and the current holding pegged at 607 tonnes. The Netherlands holds the 10th position with 612.5 tonnes, or just about 5.5 tonnes ahead of RBI.

• The top spot is occupied by US gold reserves of 8,133.5 tonnes, followed by Germany with 3,369.7 tonnes. International Monetary Fund (IMF) ranks third on the list with total gold reserves of 2,814 tonnes.

Bank of Baroda becomes one of the first PSBs to launch creche/day-care facility for employees children.

• Bank of Baroda become one of the first public sector banks to launch a crèche/child day-care facility for children of its employees.

• The day-care facility has been launched at its Mumbai corporate office in Bandra Kurla Complex and is being mulled further on being implemented at the head office in Vadodara, Gujarat.

• The bank will bear 60% of the cost incurred every month and rest 40% will be borne by the parents.

SEBI withdrew 20 percent on investments by FPI in corporate bonds.

• Securities and Exchange Board of India (SEBI), the markets regulator, withdrew the 20% limit on investments by Foreign Portfolio Investors (FPIs) in corporate bonds of an entity. SEBI withdrew the restriction in accordance with a circular issued by the Reserve Bank of India (RBI).

• In 2018 June, the Securities and Exchange Board of India had mandated that no FPI shall have an exposure of more than 20% of its corporate bond portfolio to a single corporate. However, in February RBI lifted the restriction in view of market feedback. To give effect to the directions of the RBI, SEBI said provisions of its June 2018 circulars with respect to exposure of more than 20% stands withdrawn with immediate effect.

• Securities and Exchange Board of India (SEBI):

♦ Formed: April 12, 1988

 ♦ Acquired Statutory Status on: January 30, 1992

♦ Headquarters: Mumbai, Maharashtra

♦ Chairman: Ajay Tyagi

♦ SEBI is the regulator for the securities market in India

PNB Sanctions Loans worth Rs 689 cr to 1,600 MSMEs Via Online Portal.

• State-owned Punjab National Bank (PNB) sanctioned loans worth Rs 689 crore to over 1,600 Micro, Small and Medium Enterprises (MSMEs) through the PSB loaning 59minutes.com portal as part of its effort to promote such industries. Under the Mudra Yojana, the bank has offered loan to over 2.69 lakh small entrepreneurs this fiscal  About Bank of Baroda Founder: Dyal Singh Majithia, Lala Lajpat Rai Headquarters: New Delhi

BoI raised Rs.660 crore by selling shares to employees

• State-owned Bank of India (BoI) raised Rs.660.80 crore by issuing shares to employees under Employee Share Purchase Scheme (ESPS).

• The bank issued 6,25,52,188 shares of Rs.10 each to eligible employees. The Bank offered a discount of 24.28% on the applicable price to the employees and about 94.70% of total employees participated.

AWARDS AND APPOINTMENTS:

Ex-RBI Governor Raghuram Rajan received Yaswantrao Chavan National Award

• Former Reserve Bank of India (RBI) Governor Raghuram Rajan, for his contribution towards economic development, was awarded the ‘Yashwantrao Chavan National Award 2018‘ on March 12, 2019, which was the 106th birth anniversary of late Yashwantrao Chavan, the first chief minister of Maharashtra. About Reserve Bank of India (RBI) Governor – Shaktikanta Das Headquarters – Mumbai.

Axis Bank names Rakesh Makhija as new Chairman.

• Axis Bank has appointed Rakesh Makhija as Non-Executive Chairman for a period of 3 years. He will take over from Sanjiv Misra when his term ends on July 17.

• Makhija is also the Chairman of the bank's Nomination and Remuneration Committee.

SPORTS:

India retain 2nd spot in ICC T20I rankings, Rahul moves up to 5th.

• The Indian cricket team retained its second spot in the T20I team rankings with 122 points, despite the recent series loss against Australia at home. Pakistan tops ICC T20I rankings with 135 points, with England remaining at third place with 121 points. In the T20I batsmen rankings, Indian batsman KL Rahul moved up to the fifth spot. In the T20I bowlers' list, Kuldeep Yadav, who was rested for two T20Is against Australia, dropped a place to the fifth rank. Pakistan’s Babar Azam and Afghanistan’s Rashid Khan remained in top positions in batsmen and bowlers’ list respectively. About ICC: ICC - International Cricket Council It was founded as the Imperial Cricket Conference in 1909 by representatives from Australia, England and South Africa. It was renamed as the International Cricket Council in 1989. Headquarters: Dubai, United Arab Emirates Current champion: India national cricket team Chairperson: Shashank Manohar

Dipa Karmakar selected as Barbie Role Model.

• Indian gymnast Dipa Karmakar was selected as Barbie role model & was presented with a one-of-a-kind doll by Barbie as the company celebrates its 60th anniversary. She was part of the ‘Shero’ program launched in 2015 by the company. Karmakar has won over 77 medals, including 67 gold ones at state, national and international levels.

• She also became India’s first gymnast to win a gold medal at an international event – the FIG Artistic Gymnastics World Challenge Cup at Mersin, Turkey. Mattel, the toy manufacturing company behind Barbie, on their 60th anniversary of Barbie, released a new range of barbies to honor female role models globally, spanning different career fields. Japan’s tennis star Naomi Osaka, Brazilian surfer Maya Gabiera and Canadian ice skater Tessa Virtue are other women athletes who have been honoured.

INTERNATIONAL:

Google celebrated 30 years of World Wide Web with doodle.

• Google on March 12 celebrated 30 years of the World Wide Web (WWW) with a doodle. On March 12, 1989, British scientist Sir Tim Berners-Lee while working at European Organisation for Nuclear Research in Switzerland, CERN, submitted a proposal for an information sharing system that would become the WWW. On April 30, 1993, CERN put WWW software in the public domain. Its popularity started spreading from November with the launch of Mosaic, the first search engine to accept pictures. That revolutionised the web, making it user friendly. Mosaic was later replaced by the likes of Internet Explorer, Google Chrome and Mozilla Firefox.

UK Parliament rejects Prime Minister's Brexit deal for a second time.

• UK Members of Parliament rejected Prime Minister Theresa May's Brexit deal, which sets out the terms of the UK's exit from the European Union (EU), for the second time. MPs voted by 391 to 242 to reject the deal. The UK is due to leave the EU on March 29. Brexit is an abbreviation for "British" and "exit" referring to the UK's decision in a June 23, 2016 referendum to leave the European Union (EU). The UK joined the European Communities (EC) in 1973 under the Conservative government of Edward Heath.

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Important Current Affairs 12th March 2019

NATIONAL:

Jet Airways sought Rs.750 crore from Etihad

• Naresh Goyal, Jet Airways chairman, has sought urgent funding of Rs.750 crore from its equity partner Etihad, the reason cited was the very precarious position of the airline following the lingering cash flow issues which got amplified after the forced grounding of over 50 of its planes.

• The airline had also secured the go-ahead from the Civil Aviation Ministry to pledge its shares in Jet Privilege for securing the interim funding. The airline holds 49.9% stake in the loyalty programme while the majority is with Etihad.

PM inaugurated Pandit Deendayal Upadhyaya Institute of Archaeology.

• Prime Minister Narendra Modi inaugurated the new Pandit Deendayal Upadhyaya Institute of Archaeology at Greater Noida in Uttar Pradesh. He also unveiled the statue of Pandit Deendayal Upadhyaya at the campus.  Pandit Deendayal Upadhyaya Institute of Archaeology is a state-of-the-art institution that comprises of an auditorium, an open-air theatre, and an Archaeological Museum

• Institute of Archaeology is an academic wing of the Archeological Survey of India under the Ministry of Culture.  Archaeological Survey of India (ASI) is the premier organization for the archaeological researches and protection of the cultural heritage in India.

• It functions under the under the Ministry of Culture. ASI regulates all archaeological activities in the country as per the provisions of the Ancient Monuments and Archaeological Sites and Remains Act, 1958 and Antiquities and Art Treasure Act, 1972.

PM attended 50th Raising Day celebrations of CISF.

• Prime Minister Narendra Modi attended the 50th Raising Day celebrations of Central Industrial Security Forces (CISF), at Indirapuram in Ghaziabad, Uttar Pradesh. He suggested the idea of starting digital museums at airports and metros, showcasing the work of CISF.

• Central Industrial Security Forces (CISF): Central Industrial Security Forces (CISF) came into existence in 1969 with three battalions. It provides integrated security cover to the Public Sector Undertakings (PSUs) which occupied the commanding heights of the economy. Over the years CISF has grown several folds to reach 1,48,371 personnel.

Surat Metro Project springs up expected to serve the masses by 2024.

• The Government of India approved the Surat Metro Rail Project having two Metro Rail Corridors with a combined length of 40.35 km.

• The project will be completed in 5 years at an estimated project cost of Rs. 12020.32 Crore This project will provide continuous availability of affordable, reliable, safe, secure and seamless transport system in the urban agglomeration of the city.

• It will reduce the accidents, pollution, travel time, energy consumption, anti-social incidents as well as regulate urban expansion and land use for sustainable development.

Jammu and Kashmir government to give monthly stipend and jobs for those who Shun militancy.

• Draft on Reintegration proposes a monthly stipend and jobs for those who Shun militancy by the Jammu and Kashmir government. The move is to encourage the youths hailing from Jammu and Kashmir to Shun militancy.  The government proposes to offer them a monthly stipend of Rs. 6000 and jobs. The new Reintegration policy draft is under the consideration of Jammu and Kashmir administration headed by Governor Sathya Pal Malik

• As per the government, the initiative will allow the militants who surrender ‘to encourage him to join the mainstream’. It gives importance to rehabilitation. Militants found to have been involved in heinous crimes won’t get the proposed benefits.

About Jammu and Kashmir

♦ Capital – Srinagar (summer), Jammu (winter)

♦ Governor – Sathya Pal Malik

Madhya Pradesh Government raises Reservation Quota of OBCs to 27 percent.

• Madhya Pradesh Governor Anandiben Patel approved the ordinance to increase reservation for Other Backward Classes (OBCs) from 14 per cent to 27 per cent, making MP the only state in India to have 27 per cent quota for OBCs. At present, the state provides 20 per cent reservation to Scheduled Tribes, and 16 per cent to Scheduled Castes.

• OBCs are estimate to constitute nearly 52 per cent of the state’s population, and OBC groups have often demanded an increase in reservation to reflect their strength in the state

Centre amended the Enemy Property Order.

• The central government has amended the guidelines for disposal of the Enemy Property Order, 2018, to facilitate usages of enemy property by the state government exclusively for public use.  Enemy properties are the properties of the people who migrated to Pakistan during partition and also to China after the Sino-India war in 1962. It is estimated that there are 9,280 such properties which were left behind by people who went to Pakistan and 126 such properties were left by the Chinese nationals.

• The central government has amended the guidelines for disposal of the Enemy Property Order, 2018, to facilitate usages of enemy property by the state government exclusively for public use.  Enemy properties are the properties of the people who migrated to Pakistan during partition and also to China after the Sino-India war in 1962. It is estimated that there are 9,280 such properties which were left behind by people who went to Pakistan and 126 such properties were left by the Chinese nationals.

Venkaiah Naidu conferred Honorary Doctorate from the University of Peace.

• Vice President Venkaiah Naidu was conferred Honorary Doctorate from the UN established the University of Peace. He is the first Indian to receive an honorary doctorate from the University of Peace. The university has stated that the degree of "Doctor Honoris Causa" (Doctor of Philosophy) was conferred on the Indian Vice President recognising his contribution to the Rule of Law, democracy and sustainable development in India.

• The University of Peace was established in accordance with the Resolution 35/55 passed by the United Nations General Assembly in 1980. The main campus of the University of Peace is located in Costa Rica. It aims to be a forward-thinking, transformational and inspirational educational institution dedicated to the goals of quality teaching, research, and service for serving humanity in building a peaceful world.

Centre launched Pulse Polio Programme 2019 to eradicate Polio.

• The government has launched the Pulse Polio Programme 2019. Under the programme, polio drops would be administered to children less than five years of age. More than 17 crore children of less than five years across the country will be administered polio drops.

• The pulse polio programme aims to protect children from the polio disease by conducting two nationwide mass polio vaccination campaigns and two to three sub-national campaigns each year.  India was declared Polio-free country in the year 2014.

• India's last reported cases of wild polio were in West Bengal and Gujarat on 13 January 2011. 

♦ Polio also known as poliomyelitis is a highly contagious viral disease caused by Poliovirus

♦ It attacks the nervous system

♦ Children younger than 5 years old are more likely to contract the virus than any other group 

♦ Poliovirus spreads by food or water containing human faeces and less commonly from infected saliva

Arcelor Mittal receives NCLT nod for taking over Essar Steel at Rs 42,000 Crore.

• A resolution plan of Rs. 42,000 crores submitted by ArcelorMittal for the acquisition of Essar Steel Ltd. was approved by the Ahmedabad bench of the National Company Law Tribunal (NCLT). The approval has been granted 583 days after the beginning of insolvency proceedings, against the mandatory time period of 270 days.

India stands world’s 2nd largest arms importer says SIPRI.

• According to the latest report published by the Stockholm International Peace Research Institute (SIPRI), India was the world’s second largest importer of major arms in 2014–18 and accounted for 9.5% of the global total. Saudi Arabia which holds the long-held tag as largest importer accounted for 12% of the total imports during the period.

•  Russia accounted for 58% of Indian arms imports in 2014–18, compared with 76% in 2009-13. Israel, the U.S., and France all increased their arms exports to India in 2014-18. The Russian share in Indian imports is likely to sharply go up for the next five-year period as India signed several deals including S-400 air defence systems, four stealth frigates, AK-203 assault rifles, a second nuclear attack submarine on the lease, and deals for Kamov-226T utility helicopters, Mi-17 helicopters, and short-range air defence systems.

Keralas Marayur jaggery finally gets Geographical Indication tag.

• The Marayoor Jaggery, the traditional and handmade product from Idukki district of Kerala, received the Geographical Indication (GI) tag from the Central Government. In Marayur and Kanthallur grama panchayats of Kerlala, jaggery is produced without adding any chemicals.

• The distinct features of the Marayur Jaggery are high sweetness with less saltiness, high content of iron and less sodium. About Geographical Indication (GI): A Geographical Indication (GI) tag is a name or sign used on products which corresponds to a specific geographical location or origin. It can be a town, a region, or a country. It plays a very important role to increase the realm of the market.

Pinaka guided rocket system successfully test fired.

• Defence Research and Development organisation, DRDO successfully test fired the PINAKA guided WEAPON rocket system from Pokhran range in Rajasthan. This indigenously developed Guided PINAKA by DRDO will significantly boost the capability of the artillery to make precision hits. Pinaka is a multiple rocket launcher produced in India for the Indian Army. Pinaka saw service during the Kargil War, where it was successful in neutralising enemy positions on the mountain tops.

Hardeep Puri launched the Indian Urban Observatory and Video wall at New DelhI.

• Minister of State (I/C) for Housing and Urban Affairs, Hardeep S Puri, inaugurated the state-of-the-art India Urban Observatory and Video Wall at New Delhi. The India Urban Observatory will plug into the sources of data from cities, both from real-time and archival sources. It will help in getting up-to-date information on a meaningful set of indicators over various domains such as transport, health, environment, water, finance and so on, which will further assist in developing best practices, future

BANKS:

Korea Exim Bank to give Rs 4,100 crore loan for Vizag Metro.

• Korea Exim Bank has come forward to extend a Rs 4,100 crore loan for Visakhapatnam Metro Rail project. The three-corridor Vizag Metro would be built over a stretch of 42.55 km at a cost of Rs 8,300 crore. About Korea Eximbank:

♦ Also called  Export–Import Bank of Korea

♦ It is the official export credit agency of South Korea

♦ Founded: 1976

♦ Headquarters: Seoul, South Korea.

INTERNATIONAL:

Fourth session of the UN Environment Assembly to discuss curbing of plastic waste.

• The fourth session of the UN Environment Assembly has gathered in Nairobi, Kenya from 11 - 15 March 2019.  In the five-day UN Environment Assembly, Countries from around the world has set their sights on a pivotal deal to curb plastic waste, a source of long-term pollution and worsening contamination of the ocean’s food chain

• The UN wants individual countries to sign up to significantly reduce plastic production, including a phasing out of single-use plastics by 2030, a goal inspired by the 2015 Paris Agreement on voluntary reductions of carbon emissions.

• The world currently produces more than 300 million tonnes of plastics annually, and there are at least five trillion plastic pieces floating in our oceans. Microplastics have been found in the deepest sea trenches and high up the earth’s tallest peaks, and plastic consumption is growing year-on-year. The One Planet Summit on 14th March will bring together heads of State to lend political clout to the process.

Saudi Arabia Foreign Minister meets PM Modi.

• Saudi Arabia's state minister for Foreign Affairs Adel bin Ahmed Al-Jubeir met PM Narendra Modi in Delhi. Jubeir's visit to India comes days after his trip to Pakistan's Islamabad. Saudi minister's visit comes after Crown Prince Mohammed bin Salman's stand-alone visits to India and Pakistan soon after the Pulwama terror attack.

About Saudi Arabia:

♦ Capital: Riyadh

♦ Currency: Saudi riyal

♦ King: Mohammed bin Salman

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Important Current Affairs 11th March 2019

NATIONAL:

Karnataka sought Rs.2,064 crore for draught relief

• Karnataka Chief Minister H D Kumaraswamy sought early release of Rs.2,064.30 crore funds to provide relief to drought-hit farmers in the ongoing rabi season. In addition to floods, Karnataka reeled under severe drought both during Kharif (summer) and rabi (winter) seasons of the 2018-19 crop year (July-June).

• The state government has submitted a memorandum seeking Rs.2,064.30 crore drought relief fund for the ongoing rabi season as crop loss is estimated to be Rs.11,384.7 crore. The state has declared drought in156 out of 176 talukas.

• The state has released Rs.386 crore from the State Disaster Response Fund (SDRF) and given priority to ensure drinking water and fodder, besides creating 1.19 crore man-days jobs under the MGNREGA scheme

Lok Sabha 2019 elections will start from 11th April

• Election Commission of India announced that the Lok Sabha 2019 elections will start from April 11, in seven phases. Code of Conduct for parties kicks in from 10th March and there are close to 90 crore eligible voters. Date of counting will be on the 23rd of May 2019.

• The election in 22 States and Union Territories will be conducted in a single phase. Two-phase elections are in Karnataka, Rajasthan, Manipur, and Tripura, while Assam and Chhattisgarh will have three phases. Jharkhand, Madhya Pradesh, Maharashtra, and Odisha will be covered in four phases, Jammu and Kashmir in five, and Bihar, Uttar Pradesh and West Bengal in seven phases. In Anantnag, the election will be held in three rounds.

• Schedule of the seven phases of Lok Sabha polls:

♦ Phase one – 11th April 2019

♦ Phase two – 18th April 2019

♦ Phase three – 23rd April 2019

♦ Phase four – 29th April 2019

♦ Phase five – 06th May 2019

♦ Phase six – 12th May 2019

♦ Phase seven – 19th May 2019

Date of counting- 23rd May 2019

NPPA reduced MRP of 390 non-scheduled cancer medicines up to 87 percent

• The National Pharmaceutical Pricing Authority (NPPA) has reduced the MRP of 390 non-scheduled cancer medicines have been reduced by up to 87%.NPPA has asked the manufacturers and hospitals to revise the prices based on the trade margin formula. According to the price regulator, five brands will see a price reduction of about 70%, while 12 others will see a 50-70% price cut. MRPs of 45 cancer medicines will reduce by 25%.

• This price reduction is expected to result in annual savings of around Rs.800 crore for patients. The price reduction is expected to benefit about 22 lakh cancer patients in India.

Ministry of power to give star rating for 2 electrical appliances

• The Ministry of Power has announced that two more electrical appliances microwave ovens and washing machines will now be assigned star ratings based on their energy efficiency metrics.

• The rating of appliances in India is undertaken by the Bureau of Energy Efficiency. Bureau of Energy Efficiency is a statutory body set up under the Energy Conservation Act, 2001.

• The program to rate microwave ovens and washing machines will be implemented on a voluntary basis and will be valid up to December 31, 2020. Star Rating of Appliances provides a basic sense of how energy efficient each product is. Higher the rating, higher is the efficiency of the appliance.

India, ASEAN clock fastest growth for e-commerce, digital trade sectors: FICCI KPMG

• According to India and ASEAN: Co-creating the Future’ report by industry body Federation of Indian Chambers of Commerce and Industry (FICCI) and consulting major KPMG, India and 10 member ASEAN are among the fastest growing economies in the world.

• India and ASEAN show a faster growth rate even for e-commerce and digital trade sectors.

• Global E-commerce Sector topped by China.

• Global e-commerce sales are expected to reach 4.5 trillion dollars from 1.3 trillion dollars by 2021.

• By 2025, the e-commerce market in India is expected to reach a volume of 90 billion dollars as per the report.

BANKS:

SBI to link the interest rate to RBIs repo rate

• State Bank of India is to link the interest rate it offers on savings account deposits to the Reserve Bank of India’s repo rate, an external benchmark. SBI has become the first domestic bank to do such linking. By doing so, the bank will effectively link all loan rates to an external benchmark either directly or indirectly, thereby attempting tospeed up the transmission of any changes in the benchmark monetary policy rate to depositors and borrowers.

• The following changes are announced by SBI:

♦ Savings accounts with deposits above Rs.1 lakh would be priced at 2.75% below the prevailing repo rate of 6.25%

♦ Cash credit accounts and overdraft facilities over Rs.1 lakh would be priced at 2.25% over the repo rate

♦ For all other floating rate products, including retail and corporate loans, the impact of SBI’s decision to link savings account deposit rates to the repo rate will be felt indirectly

♦ For savings account holders with balances up to Rs.1 lakh and borrowers with cash credit and overdraft limits up to Rs.1 lakh, interest rates will remain fixed

AWARDS AND APPOINTMENTS:

Maneka Gandhi felicitated the 30 winners of the Web Wonder Women contest

• Union Minister for Women and Child Development, Maneka Gandhi, felicitated the 30 winners of the ‘Web Wonder Women’ contest organized by the Ministry of Women and Child Development in New Delhi.

• The women were selected from over 240 nominations received under the categories media, awareness, legal, health, governmental, food, environment, development, business and art.

ACKO General Insurance honoured with Golden Peacock Award 2019

• he new-age digital insurance company, ACKO General Insurance was awarded the prestigious Golden Peacock Innovative Product Award – 2019, for their contextual micro insurance product -“Ola Ride Insurance“.

• The award was presented to Biresh Giri, Appointed Actuary & CRO, Acko at an event in Dubai.

• Launched in March 2018, Ola Ride Insurance is a first of its kind insurance in the Indian market where Acko partnered with the leading ride-sharing company, Ola.

India claims the First Prize at The International Golden City Gate Tourism Awards 2019 in the category of TV Cinema Spot at ITB, Berlin

• The Ministry of Tourism, Government of India was awarded the First Prize in the category- TV Cinema Spot at the International Golden City Gate Tourism Awards 2019 held at Internationale Tourismus-Börse (ITB), Berlin.

• The awards were received by Shri Yogendra Tripathi, Secretary, Tourism.

• The awards were given for the following promotional films and TV commercials produced under the Incredible India 2.0 Campaign:

Yogi of the Racetrack

The Reincarnation of Mr. and Mrs. Jones

Sanctuary in Paris

Maharani of Manhattan

The Masala Master Chef

S. Mubarak appointed as the next Ambassador of India to the Republic of El Salvador

• Shri B. S. Mubarak, the Indian Foreign Service officer of 2001 batch, is presently the Ambassador of India to the Republic of Guatemala.

INTERNATIONAL:

Japanese woman honoured by Guinness World Records

• A 116-year-old Japanese woman who loves playing the board game Othello is being honored as the world’s oldest living person by Guinness World Records.

• Tanaka was born January 2, 1903, the seventh among eight children. The previous oldest living person was another Japanese woman, Chiyo Miyako, who died in July at age 117.

NASAs LRO spotted water molecules moving around the dayside of moon

• NASA Scientists have observed water molecules moving around the dayside of the moon using NASA’s Lunar Reconnaissance Orbiter (LRO). It is an advance that could help us learn about the accessibility of water that can be used by humans in future missions.

• Measurements from the Lyman Alpha Mapping Project (LAMP) instrument aboard the LRO of the sparse layer of molecules temporarily stuck to the surface helped characterize lunar hydration changes over the course of a day.

• Lunar water can potentially be used by humans to make fuel or to use for radiation shielding or thermal management. Water molecules remain tightly bound to the regolith until surface temperatures peak near lunar noon.

Pulse polio programme launched in Nagaland

• The Nagaland Health and Family Welfare Department launched the first round of 'Intensive Pulse Polio Immunization' programme. I.Himato Zhimomi, Principal Secretary of Health and Family Welfare, administered the first two polio drops to an infant at Naga Hospital, Kohima marking the launch of the three-day programme.

India launched its 3rd IT corridor in China

• National Association of Software and Services Companies (NASSCOM) entered into a partnership with China's Xuzhou city from Jiangsu Province in China to help develop the IT corridor. This is India's third IT corridor in China. The corridor will facilitate partnerships between Indian and Chinese companies.

• The partnership will enable Indian software and service industry associations to enter the Chinese market and seize the development opportunities in China. The earlier two corridors launched at Dalian and Guiyang cities has brought to fore opportunities with over 300 companies where more than 10 Indian SME companies have signed deals worth 31 Million RMB (USD 4.5 million).

• The first two corridors had enabled cooperation in co-create mode in emerging technologies such as A1, IOT, and Analytics in the Chinese market. IT corridor project between India and China strengthens India-China Digital Cooperation

SPORTS:

Bisht won gold at the 38th GeeBee Boxing Tournament, Finland

• Kavinder Singh Bisht in the 56kg-category struck gold at the 38th GeeBee Boxing Tournament in Helsinki, Finland. Bisht defeated Commonwealth Games bronze-medallist Hussamuddin in the 56kg summit clash.

• Three-time Asian medallist Shiva Thapa, Govind Sahani, Commonwealth Games bronze-medallist Mohammed Hussamuddin and Dinesh Dagar won silver medals at the Finland Boxing tournament.

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