Current Affairs Today
Vodafone Idea announced that the company is planning to invest about Rs.20,000 crore in networks over the next 15 months. It has given capital expenditure (capex) of Rs.270 billion for financial years 2019 and 2020, combined together. Out of that, about Rs.70 billion has been spent in the first nine months.
In the next 15 months, it expects a capex deployment of Rs.200 billion. The capex guidance of Rs.27,000 crore did not include capacity that would be created by reusing equipment from the synergy of operations between Vodafone and Idea.
Voltas Limited, a market leader in residential air-conditioners in India, plans to set up a new manufacturing facility at Tirupati in Andhra Pradesh. The cost of the facility is Rs.500 crore. This facility would initially manufacture and assemble air-conditioners and related cooling products with a total capacity of more than one million units and is expected to start rolling out products from the second half of 2020.
The new facility would be one of the first cooling appliances units in the State of Andhra Pradesh. The choice of Andhra Pradesh as the destination for the new manufacturing unit was due to the State’s ‘ease of doing business’ and growing focus on ‘Make in India’.
India Ratings and Research reported that the Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) has a widened loss in the financial year 2018 to Rs.7,582.56 crore from Rs.6,141.54 crore in the financial year 2017. Lower sale of power, drop in collection efficiency and higher cost of power led to the higher losses.
The financials sourced from Tangedco by India Ratings showed that the discom’s revenue from the sale of power declined 0.63% to Rs.43686.77 crore in FY18 from the previous year. Sale of power accounts for 78% of Tangedco’s total income.
Tangedco’s operating earnings before interest, tax, depreciation, and amortization (EBITDA) were negative Rs.607 crore in FY18, compared a positive level of Rs.2,325 crore in FY17.
The 5-day multinational maritime exercise ‘AMAN-19’ was held at Pakistan Navy Dockyard, Karachi. In this multinational maritime exercise. 46 nations participated from all over the world.
The aim to conduct this exercise is to facilitate a forum of understanding of each other’s maritime concepts and operation cultures and to produce ways and means to confront common threat at sea.
PM: Imran Khan
President: Arif Alvi
Prime Minister Narendra Modi formally inaugurated the Hollong Modular Gas Processing Plant (HMGPP) of Hindustan Oil Exploration Co. Ltd. (HOEC) at Dirok Field in Assam.
The HMGPP will initially have a capacity to process 35 million standard cubic feet per day of gas equivalent to 15% of Assam gas production and 800 barrels of condensate. Dirok Field is being developed in phases by HOEC along with its JV partners - Oil India Ltd. and Indian Oil Corporation.
Union Commerce Minister Suresh Prabhu launched the Hirkani Maharashtrachi scheme to provide a platform for women’s Self Help Groups (SHGs) and the District Business Plan Competition to boost entrepreneurship in Maharashtra.
The Maharashtra State Innovation Society (MSInS), which comes under the State departments of Skill Development and Entrepreneurship, will execute the project with support from officials in the districts.
Under the Hirkani Maharashtrachi scheme, women’s SHGs will pitch their business plan at the taluka level. Ten groups will be selected from each taluka and Rs.50,000 will be given to each SHG to implement their idea. Five SHGs at the district level will be selected and Rs.2 lakh will be given to each SHG to take their ideas forward.
February 10, 2019, was the first-ever World Pulses Day, a United Nations global event to celebrate pulses worldwide and continue the important gains made with the 2016 International Year of Pulses.
The aim is to celebrate, raise awareness and promote the consumption of pulses at events around the globe.
The book “Law, Justice and Judicial Power – Justice P N Bhagwati’s Approach” written by Mool Chand Sharma was launched by the Chief Justice of India, Shri Justice Ranjan Gogoi.
The first edition of the book was received by President Ramnath Govind.
Reliance Industries chairman Mukesh Ambani and also richest person in Asia topped the Hurun India Philanthropy list with a donation amount of 437 crores.
Mukesh Ambani is followed by the chairman of the Piramal Group, Ajay Piramal who donated 200 crores.
Top 10 list of Hurun India Philanthropy list:
The Health Ministry notified 8 medical equipment, comprising of all implantable devices, as “Drugs” under section 3 of the ‘Drugs and Cosmetics Act’ with effect from April 1, 2020.
The equipment comprises of CT scan, MRI equipment, defibrillators, dialysis machine, PET equipment, X-ray machine, bone marrow cell separator and all implantable medical devices.
Central Drugs Standard Control Organisation (CDSCO), a national medical device regulator is meanwhile working to make way to regulate the sale and use of medical devices.
Ministry of Health and Family Welfare
♦ Union Minister: Jagat Prakash Nadda
♦ Minister of State: Ashwini Kumar Choubey and Anupriya Pate
A Himalayan Cloud Observatory is set up in Tehri district with a motive to forecast and monitor cloudburst incidents in the Himalayan region and help to minimise the damage.
The Observatory is established in the SRT campus,in Tehri and is in the testing period.
This is the second observatory in the country.
Shri Sanjay Kumar Verma (IFS: 1998), presently Ambassador of India to Japan, concurrently accredited as the next Ambassador of India to the Republic of Marshall Islands, with residence in Tokyo.
About Republic of Marshall Islands
♦ President – Hilda Heine
♦ Capital – Majuro
♦ Currency – US Dollar
♦ Prime Minister – Shinzo Abe
♦ Capital – Tokyo
♦ Currency – Japanese Yen
India celebrated the National Deworming day on 10th February. The National Deworming Day (NDD) is an initiative of the Ministry of Health and Family Welfare, Government of India.
The objective of National Deworming Day is to deworm all preschool and school-age children between the ages of 1-19 years through the platform of schools and Anganwadi Centers in order to improve their overall health, nutritional status, access to education and quality of life.
According to the World Health Organization (WHO), 241 million children between the ages of 1 and 14 years are at risk of parasitic intestinal worms in India, also known as Soil-Transmitted Helminths (STH).
STH infections can lead to anemia, malnutrition, impaired mental and physical & cognitive development, and reduced school participation.
The Abu Dhabi Judicial Department has added Hindi as the third official language of the city’s courts. Arabic and English are the first and second languages. The move is aimed at helping foreigners to learn about litigation procedures, their rights, and duties without a language barrier. It also aims to facilitate registration procedures via unified forms.
Abu Dhabi is the capital and the second most populous city of the United Arab Emirates.
The Jammu & Kashmir Government on Friday declared Ladakh as the third administrative division of the state. An order issued by Governor Satya Pal Malik‘s administration said, “The Government has approved the creation of a separated administrative/revenue division of Ladakh”.
The division will comprise Leh and Kargil districts, with Leh as the division’s headquarters
Ladakh is one of the most sparsely populated regions in Jammu & Kashmir and the highest plateau in the state, most of it being over 9.800 ft above sea level. The region is geographically isolated and remains landlocked for nearly 6 months in a year.
About Jammu & Kashmir
♦ Capital – Srinagar
♦ Governor – Satya Pal Malik
The second indigenously developed ‘Solid Fuel Ducted Ramjet’ (SFDR), propulsion-based missile system was successfully flight tested from ITR, Chandipur, Odisha, by the Defence Research and Development Organisation (DRDO).
Unlike conventional rockets that carry propellant and oxidizer, Ramjet uses the air as an oxidizer just like a jet engine, and hence, the weight of the fuel required is eliminated.
SFDR propulsion is designed in such a way that it allows for an up and down throttling which further lets the missile to amplify its speed until it reached the terminal phase of flight.
♦ The first flight of SFDR, developed under a joint Indo-Russian R&D project, was tested in 2018.
♦ The Indian SFDR will be used as variants of missiles such as the advanced version of ASTRA.
Facebook acquired US-based virtual search start-up, GrokStyle, at an undisclosed amount.
GrokStyle was founded in 2015 and is based in San Francisco, USA.
The basic idea is to allow users to match a piece of furniture or a light fixture in an image to visually find similar ones in stock at stores.
♦ Chairman & CEO – Mark Zuckerberg
♦ Headquarters – California, USA