Daily News

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China assumes presidency of UN Security Council for March 2020

China took over as president of the UN Security Council for the month of March 2020,pledging to promote solidarity & cooperation in this capacity.Security Council established by the UN Charter is primarily responsible for maintaining int'l peace & security

Did you Know

The council has 15 members;five permanent members.

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Tasnim Mir, Mansi Singh win bronze at Yonex Dutch Junior International

Shuttlers Tasnim Mir & Mansi Singh won a bronze medal each in the girls' singles Badminton event at the Yonex Dutch Junior International 2020 It was the 1st time India won two bronze medals in girls' singles at this BWF Junior Int'l Grand Prix tournament.

Did you Know

The event held at Haarlem, Netherlands.

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Oppo launches 'Kash' mutual fund platform, offers SIPs from ₹100

OPPO announced its foray into financial services with 'OPPO Kash' that offers users to invest in mutual funds, along with free credit reports, personal loans up to two lakh, business loans up to ₹2 crore and screen insurance.

Did you Know

Sumit Walia, Vice President, OPPO

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RBL Bank, Zomato and Mastercard partner to launch co-branded credit cards

Zomato announced the launch of a co-branded credit card along with RBL, and Master Card. It will help the online food delivery platform further cement its position in India's dining market by offering benefits such as Zomato credits on purchases.

Did you Know

Vishwavir Ahuja,Managing Director & CEO of RBL Bank.

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Fitch Solutions cuts India's economic growth forecast to 4.9% for FY20

Fitch Solutions cut its forecast for India's economic growth to 4.9 per cent in the current fiscal that ends March 31, saying manufacturing could come under pressure from weak domestic demand and supply chain disruptions due to the coronavirus outbreak.

Did you Know

John Knowles Fitch, Fitch Group founder.

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Nokia CEO Rajeev Suri to step down; Pekka Lundmark to take over

The chief executive of Nokia Oyj, Rajeev Suri, is set to step down over half a decade at the helm of the Finnish network company.He will be replaced by Pekka Lundmark, the outgoing CEO of Fortum Oyj. He will leave his current position on Aug. 31.

Did you Know

"Nokia" is derived from the town Nokia & the Nokianvirta River.

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RBI receives ₹1.71 trillion in Long-term repo operation (LTRO)

The Reserve Bank of India received ₹1.71 trillion in the third long-term repo operation (LTRO) conducted for an amount of ₹25,000 crore. The RBI will conduct another LTRO for three-year tenor worth ₹25,000 crore on March 9.

Did you Know

Shaktikanta Das, 25th governor of Reserve Bank of India (RBI).

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OECD lowers India's FY21 GDP growth to 5.1% on coronavirus concerns

Global agency OECD lowered its India's GDP growth forecast to 5.1 percent from the earlier projection of 6.2 percent for 2020 on concerns of impact of deadly coronavirus on the domestic as well as the global economy.

Did you Know

Organisation for Economic Cooperation and Development (OECD).

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Raghav Chadha appointed Delhi Jal Board vice chairman

The Aam Aadmi Party (AAP) government on appointed first-time MLA Raghav Chadha as vice-chairman of the Delhi Jal Board (DJB). Chadha (31). He represents the Rajendra Nagar Assembly constituency.

Did you Know

Delhi Jal Board ,CEO: Vijay Kumar

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NABARD, IIT Mandi sign MoU to develop farmer friendly tech

IIT Mandi along with the Enabling Women of Kamand (EWOK) Society signed a MoU with NABARD).IIT Mandi will get Rs 35 lakh under the MoU with NABARD for collaboration on setting up Farmer Producer Organisations (FPOs) in Mandi district of Himachal Pradesh.

Did you Know

National Bank for Agriculture and Rural Development (NABARD).

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Former General Electric CEO Jack Welch dies at 84

Jack Welch, the former Chief Executive Officer (CEO) of General Electric who led the company for over two decades, has died at the age of 84. He took GE's revenue from under $30 billion when he took over in 1981 to $130 billion by 2000.

Did you Know

Larry Culp, General Electric chairman and CEO.

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Digit launches coronavirus insurance product

Digit, the online insurance company, has launched a coronavirus insurance product that can be sold through its partner program, as two fresh cases were disclosed in India.It allows a person to insure for as little as Rs 25,000 and as much as Rs 2 lakhs.

Did you Know

Digit Insurance Headquartered at : ‎Bengaluru, India

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World Wildlife Day : 3rd March

The theme of World Wildlife Day 2020, "Sustaining all life on Earth", encompasses all wild animal and plant species as a component of biodiversity, as well as the livelihoods of people, especially those who live closest to the nature.

Did you Know

Sustainable Development Goal 15 focuses on halting biodiversity.

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3 March: World Hearing Day

WHO observes World Hearing Day held on 3 March each year to raise awareness on how to prevent deafness and hearing loss and promote ear and hearing care across the world. The theme of 2020 day is- “Hearing for life, don’t let hearing loss limit you”.

Did you Know

WHO also organizes an annual World Hearing Day seminar.

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Karnataka to set up nano technology park

The Karnataka government has plans to develop a nano park and also come out with a new science and technology policy. In his inaugural address to the eleventh edition of Bengaluru India Nano 2020, Chief Minister B S Yediyurappa made the announcement.

Did you Know

Proposed park will be in collaboration with Government of India.

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Govt introduces bill to amend banking laws to protect the interest of small depositors

The Govt introduced a bill which seeks to protect the interest of small depositors by bringing cooperative banks under the RBI regulations. Introducing the Banking Regulation Amendment Bill, FM Nirmala Sitharaman said the bill is the ‘need of the hour’.

Did you Know

Govt need to avoid a PMC Bank-like crisis in the future.

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Malnutrition-Free India: Lok Sabha Speaker Om Birla launches ‘Suposhit Maa Abhiyan’

Lok Sabha Speaker Om Birla launched the “Suposhit Maa Abhiyan” with the aim to create a malnutrition-free India in Kota, Rajasthan. In the 1st phase of the campaign, 1,000 kits of 17 kg balanced diet each were provided to 1,000 pregnant women in the state.

Did you Know

Union Minister Smriti Irani presided over the event.

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GoI nominates 2 sites to be included in World Heritage Sites List

The Government of India submitted two nomination dossiers for their inclusion in World Heritage List for the year 2020. It is located in Kutch Desert Wildlife Sanctuary. There are 4 major places that are addressed as Deccan Sultanate Monuments and Forts.

Did you Know

Kutch is the largest wildlife sanctuary in India area wise.

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8th Foundation Day of Land Port Authority of India held in New Delhi

On 2020 March 2, the 8th foundation day of the Land Port Authority was celebrated. The event discussed various aspects of land ports such as cargo operations at Integrated Check Ports. Land Port Authority is responsible for managing border infrastructure.

Did you Know

It functions under Ministry of Home Affairs.

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Coronavirus: Nasa images show China pollution clear amid slowdown

Satellite images have shown a dramatic decline in pollution levels over China, which is ‘at least partly’ due to an economic slowdown prompted by the corona virus, US space agency NASA says. It comes amid record declines in the China's factory activity.

Did you Know

NASA compared the 1st two months of 2019 with 2020.

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Global coalition for biodiversity launched on World Wildlife Day

On 2020 March 3, on the side-lines of the World Wildlife Day celebrations, Global Coalition for Biodiversity was launched. The initiative was launched by the European commission. The Global Coalition Convention is to be held in China in October 2020.

Did you Know

The coalition was named ‘United for Biodiversity’.

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India pips Russia, Poland to secure $40 million defence deal with Armenia

In a major boost to the country's defence sector, India has overtaken Russia and Poland to win a $40 million defence deal to supply 4 indigenously built weapon locating radars to Armenia in Europe. They are developed by DRDO & is manufactured by BEL.

Did you Know

The deal is a major achievement for 'Make in India' programme.