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Top Current Affairs of the day: 03 April 2019

Last Updated: April 3, 2019

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  • Tata Power, Indraprastha Gas To Offer Integrated Services

    257 days ago
    Tata Power and Indraprastha Gas Limited (IGL) signed a memorandum of understanding to set up integrated customer services and optimize value for customers. The pact will also cover common safeguard activities of underground assets (pipes and cables) including the right of way for activities like maintenance and laying of pipes and cables, routine patrolling of under and above ground assets. About Tata Power Customer service: 1800 209 5161 CEO: Praveer Sinha  Headquarters:... Read More


    Garuda Prakashan launched Modi Again and Saffron Swords

    257 days ago
    The Indian Publishing company, Garuda Prakashan Private Limited, launched its two books “#Modi Again” and “Saffron Swords – Centuries of Indic Resistance to Invaders”. #Modi Again: Why Modi is right for India, An Ex-Communist’s Manifesto” authored by Aabhas Maldahiyar, states the reasons about how Narendra Modi is right for India. “Saffron Swords: Centuries of Indic Resistance to Invaders” written by Manoshi Sinha Rawal is a book on 52... Read More
    Category: Indian Affairs


    European Union launched WTO cases against India, Turkey

    257 days ago
    The European Union has launched two World Trade Organization (WTO) disputes against India over import duties on IT products and against Turkey over measures affecting pharmaceutical producers. In the case against India, the EU is challenging the introduction of import duties of between 7.5 and 20 percent for a wide range of IT products, such as mobile phones and components, as well as integrated circuits. In the case against Turkey, the EU is challenging measures that force foreign... Read More
    Category: International

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    Google shut down social media platform Google+ 8 yrs after launch

    257 days ago
    Google on April 2, 2019, officially shut down its social media platform Google+ launched in 2011 to rival with other social media platforms like Facebook and Twitter. Google decided to close the site after discovering a data breach in 2018.


    Study says Suns magnetic field is 10 times stronger than thought

    257 days ago
    Researchers from Aberystwyth University said that the sun’s magnetic field is 10 times stronger than previously believed. This can potentially change the understanding of the processes that happen in the sun’s immediate atmosphere.
    The study found that the sun’s corona extends millions of kilometres above the surface, measuring 14,00,000 kilometres across - 109 times larger than Earth - and 15,00,00,000 km from Earth. Everything that happens in the sun’s outer... Read More


    Researchers says Mars still has active deep groundwater

    257 days ago
    The researchers at University of Southern California (USC) said that the deep groundwater could still be active on Mars and be the origin of surface streams in some near-equatorial areas of the Red Planet. They have determined that groundwater likely exists in a broader geographical area than just the poles of Mars and contended that there is an active system, as deep as 750 metres, from which groundwater comes to the surface through cracks in the specific craters they analysed. The team... Read More


    EU dragged India to WTO over import duties on ICT products

    257 days ago
    The European Union (EU) dragged India into the World Trade Organization's (WTO) dispute settlement mechanism over the imposition of import duties on certain Information and Communication Technologies (ICT) products, including mobiles, alleging breach of global trade norms. The EU is challenging the introduction of import duties on a wide range of ICT products, for instance, mobile phones and components, base stations and integrated circuits.
    Category: International


    BESCOM plans to use Solar energy to power electric vehicles

    257 days ago
    Bangalore Electricity Supply Company (Bescom) is looking to utilise solar energy to power electric vehicle charging stations. The aim is to ensure that clean transport is driven by clean energy.
    Karnataka Power Transmission Corporation Limited (KPTCL):  ♦ KPTCL is the sole electricity transmission and distribution company in the state of Karnataka  ♦ Its origin was in Karnataka Electricity Board  ♦ Founded: 1 August 1999  ♦ Headquarters:... Read More


    HCL Completes Acquisition Of Strong-Bridge Envision

    257 days ago
    IT major HCL Technologies stated that its acquisition of US-based Strong-Bridge Envision has been completed.
    HCL recently agreed to acquire the Seattle-based company to enhance its digital transformation consulting capabilities. According to reports, the deal was worth 45 million dollars.
    Category: Business & Economy


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    Odishas Kandhamal Haldi (turmeric) gets Geographical Indications (GI) tag

    257 days ago
    'Kandhamal Haldi', a variety of turmeric indigenous to southern Odisha, has earned the Geographical indication (GI) tag from Intellectual Property India, an organisation functioning under the auspices of the Union ministry of commerce & industry. Kandhamal Haldi is so well known because of its potent medicinal properties. Apart from Kandhamal Haldi, almost 15 Odisha products have already received the GI tags. 'Kandhamal Haldi' has been placed under Class-30 type. The... Read More


    Bolivia joins International Solar Alliance

    257 days ago
    During the state visit of the President Ram Nath Kovind to Bolivia, Bolivia has signed the framework agreement to join the International Solar Alliance. So far, 73 countries have signed the ISA Framework Agreement The International Solar Alliance (ISA) was unveiled by Prime Minister of India and French President at the U.N. Climate Change Conference in Paris on November 30, 2015. The idea was to form a coalition of solar resource-rich countries to collaborate on addressing the identified... Read More
    Category: International


    India and Bolivia signed for the development and industrial use of lithium

    257 days ago
    India and Bolivia have signed an agreement for the development and industrial use of lithium during the state visit of the President Ram Nath Kovind to Bolivia. Lithium is a prime component used to power electric vehicles and cell phones. India and Bolivia agreed to forge a mutually beneficial partnership to facilitate Bolivian supplies of lithium Carbonate to India. The countries also plan to foster joint ventures for lithium battery/cell production plants in India.
    This agreement will... Read More
    Category: International


    GST collections set new record in the month of March

    257 days ago
    The Finance Ministry said that GST collections have scaled to a record high of Rs.1,06,577 crore in March 2019. The revenue collection was Rs.97,247 crore in the month of February. The record revenue collection was attributed to increased compliance and an increase in the number of returns filed. Total gross GST revenue collected in March 2019 stood at Rs.1,06,577 crore of which Central GST is Rs.20,353 crore, State GST is Rs 27,520 crore, Integrated GST is Rs.50,418 crore and cess is Rs.8,286... Read More
    Category: Banking & Finance


    BNP Paribas Cardif sold 5 crore shares in SBI Life Insurance for 2,889 crore

    257 days ago
    The foreign partner of SBI Life Insurance, BNP Paribas Cardif sold 5 crore shares of the company for Rs 2,889 crore to increase its public shareholding to 25% of its paid-up equity share capital on or before October 2, 2020. This sale has not undertaken as per the methods prescribed by SEBI for achieving the minimum public shareholding (MPS) Threshold. The average price of equity share during the sale was Rs 577.93 per equity share. On the other hand, Canada Pension Plan Investment... Read More
    Category: Banking & Finance


    Vikram Patel receives John Dirks Canada Gairdner Global Health Award

    257 days ago
    Vikram Patel, a psychiatrist and professor of global health at Harvard Medical School, has won the prestigious John Dirks Canada Gairdner Global Health Award. Mr.Patel has led research generating knowledge on the burden and determinants of mental health problems in low and middle-income countries and pioneered approaches which utilise community resources for the prevention and treatment of mental health problems in India with global impact. Laureates received a $100,000 cash honorarium and... Read More


    Indonesia seeks to increase import from India

    257 days ago
    Indonesia is looking at increasing sugar, rice and bovine imports from India. Consul General of Indonesia, Ade Sukendar said that India exported about 50,000 tonnes of rice in 2018. It is looking at importing more non-basmati rice also from India. There was potential to import over one lakh tonnes a year. Negotiations are ON between the two countries to increase imports. Total exports from Indonesia to India in 2018 were to the tune of $13.72 billion and exports from India were to the tune of... Read More
    Category: International


    Saurav Ghosal becomes first Indian to enter top-10 in men's PSA rankings

    257 days ago
    Saurav Ghosal became the first Indian male squash player to enter the top 10 in the PSA (Professional Squash Association) world rankings. He has moved up two places to a career-high ranking of tenth and is currently the only Asian in the top-10. Ghosal made it to the quarter-finals of the 2018-2019 PSA World Championships in Chicago, USA for the first time in his career. He was also a quarter-finalist at the prestigious Grasshopper Cup in Zurich, Switzerland. In the women's rankings,... Read More
    Category: Sports


    Google India head Rajan Anandan resigns after 8 years

    257 days ago
    Rajan Anandan, vice president for Google India and South East Asia, is leaving the company after an eight-year stint and will be joining Silicon Valley’s marquee venture fund Sequoia Capital. He will stay until the end of this month. Rajan Anandan had joined Google in 2011. His responsibility will be taken over by Country Director Sales Vikas Agnihotri in the interim.


    COMCASA: First secure link between India, US navies set up

    257 days ago
    India and the US have set up the first ever secure communication link between the Indian Navy & US Central as well as Pacific Naval Commands under the COMCASA pact at New Delhi, India. As a result of the implementation of the COMCASA, US has also activated the Selective Availability Anti-Spoofing Module GPS system in some of C-130 and C-17 transport aircraft. About COMCASA: COMCASA - COMmunications, Compatibility And Security Agreement. It is the Indo-US military-information sharing... Read More
    Category: International


    Telangana tops in eLearning Training for Field Staff

    257 days ago
    Telangana ranks number 1 in the e-Learning training program of the Department of Personnel and Training (DoPT), Government India. During the financial year 2018-19, Dr. MCR HRD Institute enrolled over 20,000 field staff in different districts of the State to impart training on 12 soft skills modules and 3 domain-specific modules on RTI, Office Procedures, and Finance & amp; Accounts, apart from Sustainable Development Goals. About Telangana Founded: 2 June 2014 Chief Minister: K.... Read More
    Category: Indian Affairs


    Kotak Mahindra Bank Becomes First Lender To Charge For UPI Use

    257 days ago
    Kotak Mahindra Bank (Kotak) stated that it will charge customers for UPI transactions starting 1st of May 2019.
    For each Kotak Bank account, the first 30 UPI fund transfers will be free, after which a charge will be levied on all fund transfers from the bank account. This will be applicable across all platforms, including Paytm, PhonePe, Google Pay or Truecaller Pay among others.
     
    Category: Banking & Finance




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