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Top 10 Daily Current Affairs : 31 March 2019 31 March 2019
The Red Cross announced that it is to aid Venezuela in two weeks. It also said it would not allow any political “interference” in the operation.
Francesco Rocca, head of the International Federation of the Red Cross and Red Crescent said that the organisation would begin distributing aid that President Nicolás Maduro has to date refused to allow into the country, leaving it stockpiled since mid-February on the borders with Colombia and Brazil.
A crisis... Read More
Five varieties of Indian coffee have been awarded the Geographical Indication (GI) tag, a move that will enhance their visibility globally and allow growers to get the right value.
The 5 Varieties are:
♦ Coorg Arabica coffee from Kodagu district of Karnataka
♦ Wayanaad Robusta coffee from Wayanad district in east Kerala
♦ Chikmagalur Arabica coffee from Chikmagalur district, Karnataka,
♦ Araku Valley Arabica coffee from Visakhapatnam district, Andhra Pradesh... Read More
Facebook has banned praise, support and representation of white nationalism and white separatism on its platforms. This move had a qualified approval from the recent Christchurch mosque shooting. Facebook will also direct users who post or search content connected to these ideologies to an organization that helps people leave hate groups. Social Media platforms were under pressure and criticisms that they have failed to confront extremism.
White Supremacy is defined as a belief system... Read More
The European Parliament approved ban on single-use plastic products such as the straws, cutlery and cotton buds that are clogging the world's oceans. The law on single-use plastic ban sets a target to gather 90% of plastic for recycling by 2029 and mandates the production of plastic bottles with 25% recycled material by 2025 and 30% by 2030. The law also insists on polluters pay principle insisting polluters to pay the costs of a clean-up.
Single-use plastics, or disposable plastics,... Read More
The Ministry of Commerce and Industries has launched blockchain based e-marketplace for coffee. The Blockchain based e-marketplace helps farmers integrate directly with markets in a transparent manner, allowing them to realize fair prices for their produce. The blockchain technology will help in reducing the number of intermediaries between coffee growers and buyers and help farmers double their income.
The blockchain-based marketplace app can be used for trading coffee brings... Read More
The International Energy Agency (IEA) report on Carbon dioxide emissions said that India emitted 2,299 million tonnes of carbon dioxide in 2018. The rate of growth of carbon dioxide emission in India was higher than that of the United States and China which are the two biggest emitters in the world. India's emissions carbon dioxide witnessed an increase of 4.8% rise from 2018. This increase in the emission of carbon dioxide was attributed to coal consumption.
China, the United... Read More
Laurus Labs Limited, Hyderabad-based pharma, has entered into a strategic partnership agreement with Global Fund for a period of 3.5 years. The agreement gives Laurus Labs volume commitments for drugs from the Global Fund for the treatment of HIV/AIDS.
Global Fund has been created to fight AIDS, Tuberculosis and Malaria. It was created in 2002 to raise, manage and invest the world's money to respond to three of the deadliest infectious diseases the world has ever known. The aim of... Read More
Indian Army inducted 4 indigenous Dhanush Howitzer guns. The induction of Dhanush Howitzer guns gives major fire-power boost to the Indian Armed Forces. Dhanush Howitzers Long Range Artillery Guns are the first ever indigenous 155 mm x 45 calibre long-range artillery guns.
Dhanush Long Range Artillery Guns are equipped with inertial navigation-based sighting system, auto-laying facility, on-board ballistic computation and an advanced day and night direct firing system. The self-propulsion unit... Read More
A study by Indian Institute of Technology- Kharagpur said over sustaining food production and productivity of major crops like wheat, paddy, and maize due to the increasing levels of carbon dioxide. Studies have shown that even though increased carbon dioxide levels stimulate wheat productivity, the consequent rise in temperatures would have a negative impact.
There has been optimism in tropical countries like Greenland, Canada, Northern China and Europe where annual temperatures are... Read More
The Union Ministry for Health and Family Welfare have added new ruled to the Drugs and Clinical Trials Rules, 2019 with an aim to promote clinical research in the country. The new rules reduce the time for approving applications to 30 days for drugs manufactured in India and 90 days for those developed outside the country.
The new rules state that in case of no communication from Drug Controller General of India (DCGI), the application will be deemed to have been approved. The new rules will... Read More
The Ministry of Finance has announced that it will keep the interest rate unchanged on small savings schemes for the three-month period beginning April 1.
The announcement covers small-saving schemes such as:
♦ Post Office Saving Accounts
♦ Post Office Time Deposits
♦ National Saving Certificates (NSC)
♦ Public Provident Fund (PPF)
♦ Kisan Vikas Patra (KVP)
♦ Sukanya Samriddhi
The unchanged interest rate means the NSC (5 years) and... Read More
State-owned gas utility GAIL India Ltd has signed MoU with Bharat Heavy Electricals Ltd (BHEL) for cooperation in the development of solar power projects. It aims at building a closer strategic partnership between the two Maharashtra PSUs for jointly pursuing commercial solar power projects through participation in tariff / Viability Gap Funding (VGF) based competitive bidding process.
♦ Industry Type: Energy
♦ Founded: August 1984
♦ Headquarters: New Delhi,... Read More
State-owned lender Punjab National Bank (PNB) had sold stake in its housing finance arm, PNB Housing Finance (PNBHF) to General Atlantic Group and VardePartners for Rs 1,851 crore at Rs.850 per share. Both VardePartners and General Atlantic Group will buy 1.089 crore shares each at Rs 850 per share in the housing finance company from Punjab National Bank.
After the transaction, Punjab National Bank will continue to hold a strategic stake of 19.78% in the housing finance company and will remain... Read More
Supreme Court-appointed BCCI Ombudsman Justice D.K.Jain (retd) has been appointed to serve as the Ethics Officer of the Indian cricket board on an ad-hoc basis. According to the Board of Control for Cricket in India (BCCI), provisions in its constitution require an Ethics Officer to be appointed to determine and decide issues related to conflict of interest.
The Finance Ministry has decided to infuse Rs.5,042 crore into state-owned Bank of Baroda (BoB) ahead of the merger of two other public sector lenders Dena Bank and Vijaya Bank with BoB. The merger of Dena Bank and Vijaya Bank with Bank of Baroda would be effective from April 1.
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