Top Current Affairs of the day: 18 March 2020

Vamsi Athreya

Last Updated: Mar 18,2020 19:52 IST


Top Current Affairs of the day: 18 March 2020
Top Current Affairs of the Day:
Top Current Affairs of the day: 18 March 2020. Instantly obtain Latest Current Affairs with all essential info, Be the first to know all the Today Current affairs 18 March 2020 top news, Major Issues, Current News, Important events in National Current News as well as International level with clear explanation. For all competitive exams and Interviews, equip yourself with the Latest Current Affairs 18 March 2020 granted here.

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  • GoI stated National e-commerce policy is still under consideration

    16 days ago
    Government is still considering the drafting of national e-commerce policy, and no timeline about its launch has been released. The information was announced by the Union Commerce and Industry Minister Piyush Goyal on 18 March 2020. Aim: The National e-commerce policy aims to empower domestic entrepreneurs and to encourage Make in India and safeguard interests of the consumers and facilitating job creation. National e-commerce policy: ♦ The draft policy aims to create a... Read More


    APEDA, SFAC signed MoU to improve productivity and quality of the varieties of crops

    17 days ago
    Agricultural and Processed Food Products Export Development Authority (APEDA) has signed MoU with Small Farmers Agribusiness Consortium (SFAC) on 18 March 2020. The MoU was signed by Ms. Neelkamal Darbari, Managing Director SFAC and Mr. Paban Kumar Borthakur, Chairman, APEDA.
    MoU provisions: ♦ As per the MoU, SFAC will share a list of all clusters in various states with APEDA for achieving scale and aggregation with export orientation. ♦ APEDA and SFAC will jointly work... Read More
    Category: Agreements MoU


    SBI reduced FD rates, MCLRs rates for a second time in a month

    17 days ago
    State Bank of India (SBI) has announced a reduction in its Marginal Cost of Funds based Lending Rates (MCLR) upto15 basis points (bps) across tenors. This is the second time the lender is announcing the rate cut in its fixed deposit (FD) interest rates. This is the second reduction in a month and the tenth cut in the current fiscal year. Highlights: ♦ SBI has reduced retail term deposits (less than Rs.2 crore) by 10 to 50 bps for a few tenors. The new rates for home loans and FDs... Read More
    Category: Banking & Finance

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    JK Epidemic Disease Regulations, 2020 extended to both Jammu and Kashmir

    17 days ago
    The Union Territory Jammu and Kashmir Administration have extended J&K Epidemic Disease Regulations, 2020 to both Jammu and Kashmir Divisions. The aim is to step up efforts to tackle the Coronavirus (COVID-19) disease. The Regulations were extended under the orders of Lieutenant Governor Girish Chandra Murmu. Highlights: ♦ The regulation defines powers, duties, and responsibilities to the surveillance personnel, duties, and responsibilities of Medical Officers and Practitioners,... Read More
    Category: Indian Affairs


    Virtual G20 leaders summit to be held in March

    17 days ago
    Prime Minister Narendra Modi held talks (through telephone call) with the Crown Prince of the Kingdom of Saudi Arabia, His Royal Highness Mohammed bin Salman. The two leaders discussed the global situation regarding the COVID-19 pandemic. Highlights: ♦ The leaders emphasized the need for coordinated efforts to adequately address the global challenge. ♦ Discussion on Covid-19, which impacted the health and well-being of several hundred thousand people, was... Read More


    Health Ministry issued guidelines for notifying coronavirus

    17 days ago
    The Health Ministry issued guidelines for notifying COVID-19 in private facilities. The move is to strengthen containment measures amid rising cases of coronavirus.
    Guideline Highlights: ♦ Each case of coronavirus should be isolated and provided appropriate treatment, and their contacts should be traced at the earliest to break the chain of transmission. ♦ It is mandatory for all Government and Private hospitals, medical officers in government health institutions, and... Read More
    Category: Indian Affairs


    RBI to use swap transactions, LTRO to infuse liquidity

    17 days ago
    The Reserve Bank of India (RBI) has announced that, in the wake of the epidemic Covid-19, the central bank would use Forex swap and long-term repo operations (LTROs) to mitigate the effects of the Covid-19 on the Indian Economy.
    Highlights: ♦ RBI will conduct a sell/buy swap auction worth $2 billion to provide dollar liquidity. RBI also stated that it would not hesitate to persist with LTROs to infuse long-term rupee liquidity, amounting to Rs.1 lakh crore. ♦ RBI is to... Read More
    Category: Banking & Finance


    Prachi Salve, Pradeep Dwivedi won 2019 Road Safety Media Fellowship award

    17 days ago
    Prachi Salve of IndiaSpend and Pradeep Dwivedi of DainikJagran jointly won the top prize in the Road Safety Media Fellowship 2019. The award recognized their contribution towards reporting on road safety by the Centre for Media Studies (CMS). The awardees were selected by a three-member jury.
    Other awardees: ♦ Journalist B. Raveendra Shetty of Vijay Karnataka and Purnima Singh of Times Now Hindi shared the second prize. ♦ The third prize was jointly won by Kishor Dwivedi,... Read More
    Category: Awards and Honours


    GoI saves more than Rs.12 crore pa after implementing 2013 DPCO

    17 days ago
    Ministry of Chemicals and Fertilizers reported that the Ministry had saved the total saving of Rs.12,447 crores per annum to the public after the implementation of the DPCO, 2013. The information was passed by the Minister for Chemicals & Fertilizers, Shri. D.V. Sadananda Gowda.
    DPCO, 2013:  ♦ According to the provisions of Drugs (Prices Control) Order, 2013 (DPCO, 2013), the National Pharmaceutical Pricing Authority (NPPA) was empowered to fix the ceiling price of... Read More
    Category: Indian Affairs


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    Around 1.5 lakh SSAs covered with at least one bank branch under PMJDY

    17 days ago
    Ministry of Finance reported that all villages were mapped by banks into 1.59 lakh Sub-Service Areas (SSAs) under Pradhan Mantri Jan-Dhan Yojana (PMJDY). One SSA caters to 1,000 to 1,500 households. The report was submitted by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs in Rajya Sabha. Highlights: ♦ Over 0.33 lakh SSAs have been covered with bank branches, and 1.26 lakh SSAs are covered by the deployment of interoperable Business Correspondents... Read More


    INST Scientists develops calcium-modified carboxymethyl-starch to stop rapid blood loss during accidents

    17 days ago
    Scientists from the Institute of Nano Science and Technology (INST) have developed a starch-based 'hemostat' material, named calcium-modified carboxymethyl-starch, that can stop life-threatening bleeding after a serious injury.
    Calcium-modified carboxymethyl-starch: ♦ The Hemostat material is a biodegradable microparticles. It concentrates the natural clotting factors in blood by physically absorbing excess fluid. ♦ The microparticles were prepared by modifying some... Read More


    Health Ministry placed Draft National Policy for Rare Diseases in its website

    17 days ago
    Ministry of Health and Family Welfare has finalized and placed the Draft National Policy for Rare Diseases on its official website. It was announced by the Minister of State (Health and Family Welfare), Sh Ashwini Kumar Choubey.
    Highlights: ♦ A component of rare diseases has been included in the draft. It was made effective from 1 January 2019. ♦ Under the Umbrella Scheme of Rashtriya Arogya Nidhi, the Ministry has included one-time financial assistance up to Rs.15 lakh to... Read More
    Category: Schemes


    Indian scientists develop friction-reducing nanocomposite coatings to increase system life

    17 days ago
    Scientists from the International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI) developed a process for size-selective deposition of nanocomposite coatings, which can reduce the friction of these dynamic systems. Need: The aerospace, defence, automobile, space devices are in need to reduce friction, wear, and tear caused in the device in order to enhance the life of components. At present, to reduce friction, the dynamic systems are lubricated, which adds to the... Read More


    More the Rs.20 crore has been sanctioned under the Stand Up India Scheme

    17 days ago
    Ministry of Finance reported that more than Rs.20,466.94 crores of loans had been sanctioned under Stand Up India Scheme to over 91,000 accounts up to 10 March 2020. The information was shared by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs. Stand Up India Scheme: Stand Up India Scheme was launched by the Government of India on 5 April 2016 by the Prime Minister Narendra Modi. It is a part of the Department of Financial Services' (DFS) to promote... Read More
    Category: Schemes


    Finance Ministry notified about its agreement with Brunei

    17 days ago
    Ministry of Finance appraised the Government of India about the agreement between India and the Government of Brunei Darussalam.
    Agreement Highlights: ♦ The Agreement will enable the exchange of information, including banking and ownership information, between the two countries for tax purposes.
    ♦ The agreement is based on international standards of tax transparency and exchange of information and enables the sharing of information on request and automatic exchange of... Read More


    Ministry of Culture established institute to promote Buddhist studies, art, and Culture

    17 days ago
    Ministry of Culture has established an institute named Central Institute of Himalayan Culture Studies (CIHCS) at Dahung, Arunachal Pradesh.
    Aim: The main objective of CIHCS is to preserve ancient Buddhist manuscripts, to promote research in different aspects of Buddhism, digitize ancient Buddhist text preserved in the languages of Pali, Sanskrit, Tibetan, Chinese, Japanese, and other Asian languages through the system of a modern university. Highlights: ♦ The move by the... Read More
    Category: Arts & Culture


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