Daily News

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OliveBoard's SBI PO 2020 Mock Recruitment Drill : Why & How to take

Register for the Drill & grab these benefits: Experience the thrill of an entire recruitment process, Attempt Prelims-Mains-Interview together for the 1st Time, Get Interview Feedback & Recorded Session, Compete with Aspirants & Get All India Standing.

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Oliveboard users improve their scores by +16 marks after 9 tests

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First American woman to walk in space reaches deepest spot in the Ocean

Kathy Sullivan, America’s first female spacewalker, also became the first woman to reach the deepest known point of the ocean. Sullivan dove to the bottom of the Challenger Deep in the Pacific Ocean and safely returned in her submersible vessel.

Did you Know

She is now the eighth person to reach the depth.

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For the first time in 75 years, World leaders won't travel to New York for annual UN General Assembly session

For the first time in 75 years, world leaders will not travel to New York for the annual UN General Assembly session in September this year due to the COVID-19 pandemic, the President of the UN General Assembly, Tijjani Muhammad-Bande has announced.

Did you Know

The UN officially came into existence on 24 October 1945.

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India to launch first-ever Coal Trading Exchange

India is planning to open its first coal trading exchange on the basis of commodity or energy exchanges. The coal trading exchange will be an electronic system based that will provide an online platform to various traders in the market.

Did you Know

CIL has set a production target of 1-billion tons by 2024.

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India to rebuild 56 schools destroyed in Nepal's 2015 earthquake

The Indian Embassy in Nepal will rebuild 56 higher secondary which were destroyed in the powerful earthquake that hit the country in 2015. It is part of the government’s post-earthquake reconstruction works in Nepal with a grant of around Rs 184 crore.

Did you Know

Nepal Capital- Kathmandu, Currency- Nepalese Rupee.

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Global economy to shrink 5.2% this year due to coronavirus pandemic: World Bank

The global economy, which has plunged into a severe contraction, will shrink by 5.2 per cent this year due to the massive shock of the coronavirus pandemic and the shutdown measures to contain it, the World Bank President David Malpass said.

Did you Know

WB releases the Global Economic Prospect report.

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World Bank lends Rs. 1,950 crore loans to West Bengal Govt for tackling COVID situation

WB has given Rs. 1,950 Cr loans to the West Bengal for tackling COVID situation & developmental work in the State. Out of it, Rs. 1,100 Cr will be spent for creating Industrial infrastructures, remaining Rs. 850 crores are for the Social-Welfare schemes.

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West Bengal Chief Minister- Mamata Banerjee.

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India’s first B2B virtual trade concludes, catalyses Rs 153-crore business

Amid various lockdown-related curbs, India’s first virtual business-to-business trade fair concluded. It is organized by the Export Promotion Council for Handicrafts. The four-day fair that was conducted online focused on markets such as Europe and US.

Did you Know

EPCH is located at New Delhi.

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DIAT Pune develops Nanotechnology-based Disinfectant Spray to fight COVID-19

Defence Institute of Advanced Technology, a Deemed to be University, Pune has developed a Nanotechnology based disinfectant spray to combat COVID-19 by disinfecting all types of surfaces. It has been named ‘ANANYA’. This can be used by anyone.

Did you Know

This water-based spray will be effective for more than 24 hours.

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India sees a dip in number of self-employed households in FY19: Survey

The percentage of self-employed households in rural India dropped from 52.2% in FY18 to 51.7% in FY19, while in urban India it declined from 32.4% to 31.8% during the same period, according to the Periodic Labour Force Survey released by NSO.

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Minister of Labour and Employment- Santosh Kumar Gangwar.

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Customs duty hiked on bamboo imports from 10% to 25%

Union Government has hiked Customs duty on bamboo imports by Agarbatti manufacturers from 10 per cent to 25 per cent with immediate effect. The decision has been taken to encourage use of domestic bamboo under the Aatmanirbhar Bharat scheme.

Did you Know

Fiscal outgo for Aatmanirbhar Bharat scheme- 20.97 Lakh Crore.

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Road Transport ministry issues distinct colour band for number plate sticker for BS-VI vehicles

Road Transport ministry has mandated a strip of green colour of 1 cm width on top of the existing sticker carrying details of registration for BS-VI vehicles of any fuel type. Petrol/ CNG have light blue colour sticker & diesel vehicle have orange colour.

Did you Know

BS-VI emission standards have been mandated w.e.f. 1 April 2020.

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Uttar Pradesh govt amends 65 years old cow slaughter act of state

The Uttar Pradesh government has amended the 65 years old cow slaughter act of state and made stringent provisions in a new ordinance to stop cow slaughter in the state. The State Cabinet has approved Cow-Slaughter Prevention (Amendment) Ordinance, 2020.

Did you Know

Punishments: Maximum 10-year jail term and Rs 5 lakh of fine.

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Jitendra Singh inaugurates 18th Bench of CAT for UTs of J&K, Ladakh

Minister of State for Personnel, Public Grievances and Pensions, Dr Jitendra Singh today inaugurated the 18th Bench of Central Administrative Tribunal (CAT) for the Union Territories of Jammu and Kashmir and Ladakh through a Video Conference.

Did you Know

Abolition of Article 370 and 35A was done on 5th August 2019.

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PhonePe launches domestic trip insurance with ICICI Lombard

PhonePe, a digital payments platform has partnered with ICICI Lombard to launch first-of-its-kind domestic multi-trip insurance cover for travellers. This unique insurance scheme covers unlimited trips for a year at a very affordable price, company said.

Did you Know

PhonePe Co-founder & CEO- Sameer Nigam.

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DMK MLA J. Anbazhagan dies of Coronavirus

DMK MLA from Chepauk- Chepauk- Triplicane, J. Anbazhagan, became the first VIP victim of coronavirus from Tamil Nadu when he died at the age of 62. A three-time MLA, Anbazhagan was elected to the assembly in 2001, 2011 and 2016.

Did you Know

Anbazhagan was DMK Chennai West district secretary.

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RBI proposes new norms for loan sales and securitisations

RBI has issued new draft frameworks for the sale of loan exposures and the securitisation of standard assets by banks and NBFIs. The definition of securitisation has been modified to allow single asset securitisations against the previous multiple assets.

Did you Know

25th Governor of RBI- Shaktikanta Das.

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Indian Entrepreneur Renjith Kumar honoured with ‘NASA Distinguished Public Service Medal’

Renjith Kumar bagged the NASA’s highest form of recognition for a non-governmental individual ‘NASA Distinguished Public Service Medal’ for his service through executive leadership, engineering contribution, technical excellence, and customer satisfaction.

Did you Know

First Indian to win DPSM award- RK Chetty Pandipati (in 2002).

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‘Mirror Image’ of the Earth and Sun discovered 3000 light-years away

Astronomers may have discovered an Earth-like exoplanet orbiting a Sun-like star, a little over 3,000 light-years away. The planet named 'Planet KOI-456.04', the unconfirmed exoplanet is thought to be similar to Earth for several reasons.

Did you Know

It receives 93% as much light as Earth gets from the Sun.

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Recykal in pact with UNDP, HCCB for plastic waste management

Recykal, a digital technology company in the waste management space, has partnered with United Nations Development Programme and HCCB for Project Prithvi, a joint initiative for developing sustainable plastic waste management practices in the country.

Did you Know

HCCB: Hindustan Coca-Cola Beverages.

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India’s 800m runner Gomathi handed four-year ban for doping

India’s Gomathi Marimuthu will be stripped off her 2019 Asian Athletics Championships gold medal after she was handed a four-year ban by the Athletics Integrity Unit for testing positive for a banned substance. She is a 30-year-old runner from Tamil Nadu.

Did you Know

Athletics Integrity Unit Headquarters- Monaco.

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Former Union Water Resources minister Arjun Charan Sethi passed away at 79

Former Union minister Arjun Charan Sethi passed away at the age of 79. An eight-time MP from Bhadrak Lok Sabha constituency, Sethi was the Union Water Resources Minister in the Atal Bihari Vajpayee-led NDA government from 2000 to 2004.

Did you Know

Sethi was also elected to the Odisha Assembly twice.

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Indian economy will shrink 5% in FY21, stimulus not enough: S&P Ratings

In a report titled ‘Financial Conditions Reflect Optimism, Lockdown Fatigue Emerges’, S&P Global Ratings said Indian economy will shrink 5% in the CY, saying the fiscal stimulus worth 1.2% of GDP will not be enough to provide significant growth support.

Did you Know

S&P projected growth to be 8.5% in 2021-22.

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IIT Guwahati students’ start-up Flyzy develops mobile application for contactless travel

Students of IIT Guwahati have developed a mobile application, called ‘Flyzy’, to provide a seamless air travelling experience to passengers during the pandemic. The application has been developed by Deepak Meena, Hansraj Patel, and Arjit Singh.

Did you Know

They plan to install this in the airports.

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NFL has started tying up with ITI to train youth in various trade

To give thrust to the Skill India initiative, NFL under the Department of Fertilizers has started tying up with ITI located near to its plants to train youth in various trades so as to enhance the chances of their employability in heavy & process industry.

Did you Know

ITI- Industrial Training Institutes.