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Mukesh Ambani richest Indian billionaire in Forbes 2016 list
1.Bill Gates topped Forbes' richest billionaires list for the third year in a row
2.With a net worth of $75billion, the Microsoft head has hit the top spot 17 times out of the last 22
years
3.Zara’s Amancio Ortega, Warren Buffett and Mexico’s Carlos Slim Helu came in second, third and
fourth, respectively
4..Mukesh Ambani, the 58-year-old chairman of the oil-to-yarn and retail conglomerate Reliance
Industries Ltd (RIL), topped the list of Indian billionaires on the list with a net worth of $19.3 billion. He
was ranked 36th globally.
5..Apart from Ambani, the top ten billionaires from India included Dilip Shanghvi ($16.7 billion), Azim
Premji ($15 billion), Shiv Nadar ($11.1 billion), Cyrus Poonawalla ($8.5 billion), Lakshmi Mittal ($8.4
billion), Uday Kotak ($6.3 billion), Kumar Mangalam Birla ($6.1 billion), Sunil Mittal ($5.7 billion) and
Desh Bandhu Gupta ($5.5 billion).
Hillary, Trump win 7 States each on Super presidential elections.
1.Republican Donald Trump and Democrat Hillary Clinton moved closer to winning their parties’nominations with a series of victories in the Super Tuesday elections, the biggest day of the primary
campaign.
2.Clinton and Trump each won seven of 11 state races as they distanced themselves from party rivals
and looked ahead to a November presidential election showdown.
Maharashtra CM Devendra Fadnavis to attend bash for Sonali Bendre's book
1.Maharashtra Chief Minister Devendra Fadnavis and his wife Amruta Fadnavis will be the guests of
honour at the success bash of actress Sonali Bendre's book on parenting.
2.The actress turned an author last year with her book "The Modern Gurukul - My Experiments with
Parenting", in which she shared her personal experiences of raising her son Ranveer. Considering thepositive response the book has generated, especially among young mothers, in Delhi and Chandigarh,
Sonali and the book publishers have decided to celebrate the success.
Kerala State Film Awards 2015: Dulquer Salmaan, Parvathy win best actor awards
1.The winners of the prestigious Kerala State Film Awards 2015 have been declared at 12 p.m March 1
by State Minister for Forest Transport, Sports, Environment, and Cinema Thiruvanchoor Radhakrishnan.
The awards have been bestowed by the Kerala State Chalachitra Academy.
2.Dulquer Salmaan has bagged the best actor award for his performances in "Charlie," which was well
accepted by the audience. Parvathy has won best actress award for her performances in "Ennu Ninte
Moideen" and "Charlie." Sanalkumar Sashidharan's "Ozhivu Divasathe Kali" has been awarded as the
best movie in 2015.
65 Pakistanis Given Indian Citizenship In 2016
1.65 Pakistani nationals, including singer Adnan Sami, and 55 people of other nationalities were given
Indian citizenship in first two months of 2016, Rajya Sabha was informed today.
2.Minister of State for Home Kiren Rijiju said in 2015, 263 Pakistanis and 344 people from different
countries were given Indian citizenship.
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M. S. Swaminathan Research Foundation To Establish A Research Chair In Kalinga Institute Of Social
Sciences (KISS)
1.The MS Swaminathan Research Foundation has signed a MOU with Bhubaneswar -based Kalinga
Institute of Social Sciences (KISS) to establish a Research Chair.
2.The Chair will be named after MS Swaminathan, father of Indian Green Revolution for promoting
knowledge and skill for empowerment for less privileged children in India.
Sanjeev Kapoor joins Vistara as Chief Strategy and Commercial Officer
1.Sanjiv Kapoor has been appointed as the Chief Strategy and Commercial Officer of Vistara Airlines.
2.Kapoor will be responsible for managing a wide portfolio of Vistaras commercial and planning
functions, including strategy development, network planning, pricing and revenue management, sales
and distribution, among others.
Vice Admiral Atul Kumar Jain Takes Over As Chief Of Staff, Eastern Naval Command
1.Vice Admiral Atul Kumar Jain took over as the Chief of Staff of the Visakhapatnam.2.He succeeds Vice Admiral Bimal Verma who has been transferred as Commander-in-Chief of Andaman
& Nicobar Command at Port Blair.
RBI unlocks Rs.40000 crore additional capital for banks
1.At the time when public sector banks are facing pressure on their profitability due to a sharp rise in
non-performing assets, which is eroding their capital base.
2.The Reserve Bank of India (RBI) move comes revised norms on capital recognition, making available an
additional Rs.40,000 crore to Indian banks, this announcement is a big relief for, mainly, public sector
banks.
Mrugank Paranjape Appointed As MCX MD
1.Multi Commodity Exchange announced the appointment of Mrugank Paranjape as MD & CEO of the
exchange.
2.He will succeed Manoj Vaish. The exchange has also re designated Parveen Kumar Singhal, the present
Joint Managing Director as President & Whole Time Director with effect from April 1. The appointment
will be for a period of three years and subject to prior approval from SEBI.
Scott Kelly, American Astronaut, Returns to Earth After 340 Days in Space
1.NASA(National Aeronautics and Space Administration) astronaut and Expedition 46 Commander Scott
Kelly and his Russian counterpart Mikhail Kornienko returned on Earth.
2.After a historic 340-day mission aboard the International Space Station.
3.It was a science experiment to study the effects of microgravity on the human body, so that NASA can
prepare astronauts for longer flights to Mars and beyond.
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George Kennedy The Oscar Winning Actor Passed Away
1.George Kennedy, who has passed away recently, was one of America’s most recognizable and versatile
character actors.
2.He was 91 year old. He appeared in more than 175 films, ranging from westerns to disaster movies
and from thrillers to comedies.
Manoj Kumar to be honoured with Dadasaheb Phalke award
1.Veteran actor Manoj Kumar, best known for his patriotic films Purab Aur Paschim, Upkar and Kranti,
will be conferred the Dadasaheb Phalke award for his contribution to the film industry.
2.The actor became the 47th recipient of the award, the highest recognition in Indian cinema, which
consists of a golden lotus, a cash prize of Rs 10 lakhs and a shawl.
PM Modi launches ‘Setu Bharatam’ project, vows to improve infrastructure
1.Prime Minister Narendra Modi on Friday said the government is putting in all efforts to build
infrastructure, especially rural roads, in a comprehensive manner.Mr. Modi said while launching the Rs.50,000 crore ‘Setu Bharatam’ project.
2.The ‘Setu Bharatam’ project aims to make all national highways free from railway level crossing by
2019 to ensure road safety. Under the project, 208 rail-over bridges and rail-under bridges will be built
at the cost of Rs. 20,800 crore, Road Minister Nitin Gadkari said. Also, 1,500 decade-old bridges will be
reconstructed and revamped for Rs. 30,000 crore.
Mega Military Exercise Of ASEAN Plus Countries Begins In Pune
1.The multinational mega Military Exercise Force 18 conducted by Indian Army has started in Pune,
Maharashtra from 2nd March.
2.The theme of the exercise is `Humanitarian Mine Action’ (HMA) and `Peacekeeping Operations’ (PKO).3.The exercise will conclude on 8th March, 2016 with around 300 participants from 18 ASEAN
(Association of Southeast Asian Nations ) Plus countries.
Former Lok Sabha speaker P.A. Sangma passes away
1.Former Lok Sabha Speaker Purno Agitok Sangma died of heart attack here on Friday. He was 68.
2.Sangma was a nine-time member of the Lok Sabha and the Speaker in the 11th Lok Sabha. He had also
held important portfolios in the Union government.
3.He was also the Chief Minister of Meghalaya from 1988 to 1990 and Leader of the Opposition in the
Assembly from 1990 to 1991.
Galaxy 13.4 billion years away breaks cosmic distance record
1.Astronomers have shattered the cosmic distance record by discovering the farthest galaxy ever about
13.4 billion light-years away, from a time when the universe was just 400 million years old.
2.GN-z11 is located in the direction of the constellation of Ursa Major, said an international team of
astronomers who pushed NASA’s Hubble Space Telescope to its limits.
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Cong. MLA R. Venkat Reddy passes away
Former Congress Minister and five-time MLA Ramreddy Venkat Reddy, 72, passed away after prolonged
illness in a city hospital on Friday afternoon.
India Signs Financing Agreement With World Bank For US$ 3OO Million
1.A financing agreement for International Development Association (IDA) credit of US$ 300 (equivalent)
for the Madhya Pradesh Higher Education Quality Improvement Project was signed with the World
Bank.
2.The Financing Agreement was signed by Mr. Raj Kumar (Joint Secretary, Department of Economic
Affairs) on behalf of Government of India and Onno Ruhl, Country Director, World Bank, India on behalf
of the World Bank.
TCS Chief Appointed to Board of Reserve Bank
1.Tata Consultancy Services (TCS) CEO and managing director Natarajan Chandrasekaran and two others
were on Friday appointed as non-official directors to the board of Reserve Bank of India (RBI).2.Mr Mankad was Chief Secretary of Gujarat from April 2005 to August 2007 when Narendra Modi was
the Chief Minister of the state.
NHAI ties up with ISB for skill development
NHAI has taken a significant step in ensuring development of management competencies of its technical
and managerial manpower, with a tie up with Indian School of Business (ISB), Hyderabad.
India Ranks 90 In Terms Of Energy Security
1.India has been ranked at the 90th place in a list of 126 countries in terms of Energy Security compliedby World Economic Forum (WEF).
2.The list is topped by Switzerland followed by Norway on the basis of the ability to deliver secure,
affordable and sustainable energy.
3. Others in the top 10 include Sweden (3rd), France (4th), Denmark (5th), Austria (6th), Spain (7th),
Colombia (8th), New Zealand (9th) and Uruguay (10th).
4..Among the BRIC nations, Brazil was the top performer as it was ranked at the 25th place, followed by
Russia (52nd), India (90th), China (94).
Chennai Gets India’s First Self Cleaning Smart Toilets
1.A total of 183 self cleaning public eToilets have been installed in the Chennai City. Chennai is the 1st
city in India to gets smart Toilets.
2.These toilets are free for Public use.
3.Each toilet automatically cleans itself before entry and after use and sensors enable consumption of
less water and power with each use.
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3 British scientists win 2016 Brain Prize
1.Three British scientists have won a prestigious 2016 Grete Lundbeck European Brain Research Prize
(also known as Brain Prize) for giving vital insight how the human brain remembers, learns and
navigates.
2.These scientists are Timothy Bliss: He is a visiting worker at the Crick Institute in London. Graham
Collingridge: He is professor of neuroscience in anatomy at the University of Bristol. He is also head of
the Department of Physiology at the University of Toronto. Richard Morris: He is a professor of
neuroscience at the University of Edinburgh
International Finance Corporation Launches Masala Bonds
International Finance Corporation (IFC), an part of the World Bank group launched its first Uridashi
Masala bonds ( Japanese Bonds ) to mobilize R30 crore (or $4.3 million) directly from Japanese
household investors to promote private sector development in India.
Dr. Bhagwati Lal Vyas WAs Given to be Bihari Puraskar 2015
1.Poet Dr Bhagwati Lal Vyas has been chosen for the 2015 Bihari Puraskar for his anthology of Rajasthani
poems 'Katha Sun Aawe Hai Sabad' Published in 2010.
2.A recipient of Sahitya Akademi Award, Dr Vyas has highlighted the increasing tendencies of
commercialization and degradation of human values through his poetry.
New Zealand Cricket Legend Martin Crowe Dead Dies.
1.New Zealand Cricketer Martin Crowe passed away after a prolonged battle with cancer that eventually
proved one attack the gifted cricketer couldn't see off.
2.He Born on September 22, 1962, in Henderson, Auckland, Crowe's father was former domestic
cricketer Dave, while brother Jeff also went on to captain the New Zealand cricket side.
Telangana, Maharashtra CMs ink pact on Godavari water projects
Chief Ministers of Telangana and Maharashtra K. Chandrasekhar Rao and Devendra Fadnavis, signed a
memorandum of understanding (MoU) at Mumbai on Tuesday on setting up an inter-state water board
on Godavari projects, ending decades of discord between the two States on utilisation of water in the
river Godavari and its tributaries.
Tata Motors enters pact with Bharat Forge, General Dynamics to bid for Rs 60,000 crore defence orde
The competition for a Rs 60,000 crore defence order for the supply of 2610 Future Infantry Combat
Vehicles (FICV) to the Indian Army has intensified with Tata Motors entering into a strategic agreement
with Bharat Forge Ltd and General Dynamics Land Systems (GDLS) of the US to bid for this project.
President Pranab Mukherjee inaugurates National Conference on Women Legislation
President Pranab Mukherjee inaugurated a National conference on ‘Women Legislators: Building
Resurgent India’ in New Delhi.
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Raisina Dialogue 2016 kicks off at New Delhi
1.The first Raisina-Dialogue 2016, a flagship conference on Geopolitics and Geo-economics began in
New Delhi.
2.The three day conference is joint initiative of Union Ministry of External Affairs (MEA) and Observer
Research Foundation (ORF), an independent think tank based in India.
CBI Probing Alleged Rs 1,000-Crore Scam At State-Run Syndicate Bank
1.The Central Bureau of Investigation (CBI) is investigating alleged fraud at state-run Syndicate Bank that
involves nearly Rs 1,000 crore, a police spokeswoman .
2.The CBI is searching 10 locations that include bank branches and homes of bank employees, CBI
spokeswoman Devpreet Singh told news agency Reuters.
Goa expects Rs. 400 cr revenue from mining in 2016-17
1.After four sluggish years, the Goa government expects to earn a revenue of Rs. 300-400 crore from the
ban-hit mining industry in 2016-17.2.The ban on the mining industry has resulted in a loss of around Rs. 5,000 crore, Chief Minister
Laxmikant Parsekar said.
Banks Disburse Over Rs 1.15 Lakh Crore Under PM Mudra Yojana
1.Banks have so far disbursed over Rs 1.15 lakh crore under Pradhan Mantri MUDRA Yojana (PMMY),
Financial Services Secretary Anjuly Chib Duggal said on Tuesday.
2.Micro Units Development and Refinance Agency Ltd (MUDRA) focuses on 5.75 crore self-employed
who use funds totalling Rs 11 lakh crore and provide jobs to 12 crore people.
3.Under PMMY, loans between Rs 50,000 and Rs 10 lakh are provided to small entrepreneurs.
Gyan Sangam: 3rd Phase of Bank Reforms to Focus on Bad Loan
1.With mounting bad loans, the second edition of the Finance Ministry’s brain storming session with
public sector banks focused on management of non-performing assets and consolidation in the sector.
2.The two-day Gyan Sangam — an annual retreat of chiefs of public sector financial institutions, officials
from the Finance Ministry and the Reserve Bank of India — recently held on March 4 and 5 in Gurgaon.
3.The last year retreat was held for the first time in pune.
27 Government Banks May Be Merged Into Just 6
1.Finance Minister of India Mr. Arun Jaitley has indicated that the Government may merge 27 public
sector banks into just six.
2.Because PSB is working under pressure to tackle their dismal bad loan scenario and consolidation is
the way forward to handle this situation. This has been said in the recently held Gyan Sangam in
Gurgaon.
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Myanmar grants operating licenses to four more Asian banks including SBI
1.Myanmar has granted operating licenses to four Asian banks, bringing to 13 the number of foreign
banks allowed to conduct business in the previously isolated country.
2.Bank for Investment and Development of Vietnam, State Bank of India, Taiwan's Sun Commercial Bank
and South Korea's Shinhan Bank, these are the four bank were granted preliminary licenses, Myanmar's
Foreign Bank Licensing Committee.
Amrita Patel Gets Mahindra Lifetime Achievement Award
Dr Amrita Patel has been conferred with the Mahindra Samriddi India Agri Lifetime Achievement Aear-
Krishi Shiromani Samman in New Delhi. Dr Patel is a former Chairman of National Dairy Development
Board (NDDB). She served as its chief from 1998 to 2014.
Country's First Small Finance Bank To Start Ops On April 13
1.Jalandhar-based Capital Local Area Bank has become the first entity to receive the Reserve Bank of
India‘s licence to start operations as a small finance bank.2.In september 2015 Reserve Bank of India granted in-principle licences to 10 applicants to set up small
finance banks, including Capital Local Area Bank.
Tata Housing ties up with SBI for Women's Day offer
1.Real estate developer Tata Housing has partnered with the country's largest lender, State Bank of
India, on the occasion of the International Women's Day.
2.Tata Housing will allow its women customers to pay only 20 per cent of the agreement value while the
balance can be paid on taking possession of the property, a company statement said here today.
Uttar Pradesh Assembly Passed the UP Revenue Code (Amendment) Bill 2016
1.Uttar Pradesh Assembly passed the UP Revenue Code (Amendment) Bill 2016 replacing an ordinance
issued by the Governor Ram Naik.
2.The Bill allows Dalits of the state to sell their land to non-Dalits in the state without approval of the
administration even if their remaining holding is less than 3.5 acres.
Email Inventor Ray Tomlinson Dies At 74
1.Ray Tomlinson, the inventor of email has passed away. He was 74. He died of an apparent heart
attack.
2.His invention included the ground-breaking use of the @ symbol in email addresses, which is now
standard.
Renowned Singer And Actor Kalabhavan Mani Passed Away
1.Renowned Malayalam actor and folk singer Kalabhavan Mani passed away in Kochi on Sunday. He was
45.
2.He had been hospitalized for liver ailment. Mr. Mani had bagged national special jury award in 2000
for his performance in Malayalam film Vasanthiyum Lakshmiyum Pinne Njaanum.
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American Actress Nancy Reagan died At 94
Nancy Davis Reagan was an American actress and the wife of the 40th President of the United States,
Ronald Reagan. She died At 94
Rs. 8,800-cr. investment fund for DWCRA groups: CM(AP)
1.Chief Minister N. Chandrababu Naidu on Tuesday announced grant of investment fund of Rs. 8,800
crore to DWCRA groups in the State.
2.Assuring an assistance of Rs.10,000 to each DWCRA group, Mr. Naidu said he would shortly release
Rs.7,000 crore for the purpose.
Bravery award for Richa Singh
Allahabad student leader Richa Singh, whose ordeal was raised in Parliament on Tuesday, received
support both from the ruling Samajwadi Party government and the Opposition Bahujan Samaj Party in
Uttar Pradesh.
Railways appoints EY to mop up Rs. 5,000 crore ad revenue
1.Indian Railways has appointed global consultancy firm Ernst &Young (EY) to help the utility mop up
advertising revenues worth over Rs.5,000 crore in the next few years.
2.“…We earn less than 5 per cent of our revenues through non-tariff sources. Many of the world railway
systems generate 10 per cent to 20 per cent of their revenues from non-tariff sources.
Govt. to sell 5% in Concor on Wednesday
1.The Union Government will sell 5 per cent stake in Container Corporations of India (Concor) at aminimum price of Rs.1,195 a piece on Wednesday, to garner Rs.1,165 crore.
2.The floor price set for the offer for sale (OFS) is at a discount of 2.58 per cent over Tuesday’s closing
price of Rs.1,226.65 of Concor on the BSE.
M S Dhoni Biopic Poster Features a Pensive Sushant Singh Rajput
The first poster of M S Dhoni: The Untold Story, a biopic of Indian cricketer Mahendra Singh Dhoni, was
released on March 9. It features actor Sushant Singh Rajput sitting on a bench on a deserted railway
platform. Sushant, who plays the titular role in the movie, has his hands clasped and seems lost in
thought.
Government Says 83 Lakh People Voluntarily Gave Up LPG Subsidy
Stressing that the government is committed towards reforming the subsidy structure, Petroleum
Minister Dharmendra Pradhan on Wednesday said 83 lakh people have voluntarily given up their LPG
subsidy so far.
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A Online Marketing Platform Launched By Union Government
1.Union Minister for Women and Child Development Maneka Sanjay Gandhi launched Mahila e-Haat
portal in New Delhi to facilitate women entrepreneurs to sell their products to buyers.
2.It will provide access to markets to thousands of women who make products and are spread all over
the country. The Mahila e-Haat portal, http://mahilaehaat-rmk.gov.in, is an online marketing platform.
PM selects another village in Varanasi for development under SAGY
1.Sansad Adarsh Gram Yojana (SAGY) is a rural development programme broadly focusing upon the
development in the villages which includes social development, cultural development and spread
motivation among the people on social mobilization of the village community.
2.Prime Minister Narendra modi is member of parliament from varanasi uttar pardesh.
3.PM has selected another village for adoption in his Varanasi Constituency of U.P. for development
under the Saansad Adarsh Gram Yojana (SAGY).
Indian Railways Signs Agreement With Bajaj Power
1.Bajaj Power Generation Company has signed an agreement with the Indian Railways for electrification
of the Lalitpur-Udaipura rail section under the public private partnership (PPP).
2.With the help of Bajaj the Railways would complete the electrification work in a year's time under its
customer funding scheme.
India’s 6th navigational satellite IRNSS-1F begins in Sriharikota
1.Countdown for the launch of PSLV-C32 to place India's sixth navigational satellite IRNSS-1F in the orbit
started at Satish Dhawan Space Centre in Sriharikota this morning.
2.ISRO's workhorse PSLV-C32 will lift off at 4 PM on Thursday.
South Korea, US began largest ever military exercises
1.The US and South Korean troops on 7 March 2016 began their largest ever military exercises off the
coast of the Korean peninsula.
2.The bilateral exercises come just days after the UN passed new sanctions against Pyongyang, North
Korea following its recent nuclear test and rocket launch. The 8-week long drill will involve about
300000 South Korean troops and 15000 US personnel.
France Highest Honour "Legion d'Honneur" To Saudi Prince
President Francois Hollande has awarded the Legion d’Honneur, France’s highest honour, to visiting
Saudi crown prince Mohammed bin Nayef. Nayef was cited for his “efforts in the fight against terrorism
and extremism."
Dogri Poetess Padma Sachdev Awarded Krutitava Smagra Samman
Renowned Dogri poetess and writer Padma Sachdev has been awarded Krutitava Smagra Samman for
2015. The award was given by the Bharatiya Bhasha Parishad in Kolkata, West Bengal. Sachdev received
this award for her outstanding contribution in literature and great service to Dogri Language.
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Maria Sharapova provisionally suspended after failing drugs test at Australian Open
Former world number one Maria Sharapova has revealed she failed a drugs test at the Australian Open.
The 28 year old Russian star tested positive for meldonium, a substance, she has been taking since 2006
for health issues.
Govt Was collected Biometric data of 99 cr Indians
1.Biometric data of about 99 crore Indians have been collected so far under the Aadhar scheme and the
data is encrypted and its secrecy and security ensured, the Rajya Sabha was informed today.
2.IT Minister Ravi Shankar Prasad also set aside fears of members on the data collected under Aadhar
and said it is sorted within the country at data centres in Bangalore and Manesar and no foreign agency
is involved in data collection.
New secretary for AIADMK Kerala unit
1.AIADMK supremo J. Jayalalithaa today made certain changes in the party ranks in the poll-boundstates of Tamil Nadu and Kerala.
2.Jayalalithaa ‘relieved’ Srinivasan Venugopal as State secretary of the Kerala unit and replaced him with
the treasurer A. L. Pradeep.
A.P. to launch road grid project with Rs.3,184-cr allocation
1.Andhra Pradesh Government to launch road grid project for faster connectivity across the State, with
an investment of Rs.3,184 crore in strengthening road network.
2.The district headquarters, in turn, would be connected to each other with four / two-lane roads and
they would be connected to the State Capital through four / six-lane roads.
Japan marks 5th anniversary of tsunami
Japanese gathered in Tokyo and along the country’s ravaged northeast coast to observe a moment of
silence at 2-46 p.m. on Friday, exactly five years after a magnitude—9.0 earthquake struck offshore,
triggering a devastating tsunami that killed more than 18,000 people and sent reactors at the Fukushima
nuclear plant into meltdown.
Hero MotoCorp opens R&D centre in Rajasthan
Hero MotoCorp, the country’s largest two-wheeler maker, on Thursday formally inaugurated its Rs.850-
crore research and development facility in Rajasthan.
Centre to sign pacts worth over Rs.72,000 cr at shipping summit
1.The government is expected to sign agreements worth over Rs. 72,000 crore with private players on
port-related projects at the Indian Maritime Summit to be held in Mumbai next month.
2.The Ministry of Shipping has identified 109 projects worth Rs.72,864 crore on which agreements will
be signed during the event to be held from April 14-16. South Korea will be the partner country for the
Summit, Road Transport, Highways and Shipping Minister Nitin Gadkari
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India's sixth navigation satellite, IRNSS-1F, placed in orbit
1.ISRO on Thursday successfully put into orbit India’s sixth dedicated navigation satellite, the IRNSS-1F,
from here. The satellite was launched on-board India’s workhorse launch vehicle, the Polar Satellite
Launch Vehicle (PSLV).
2.The Independent Regional Navigation Satellite System (IRNSS) is designed to provide accurate position
information service to users in India and the region extending up to 1,500 km from the border.
C.V. Vishveshwara: the black hole man of India
The discovery of gravitational waves has shaken the world – literally, when the wave was detected, on
September 14, 2015 and figuratively, when it was announced in February. One of the people at the
heart of this discovery is a 77-year-old Bangaluru-based Professor Vishweshwara who is not only among
the first in India to study black holes, but who has also made a very important calculation that was used
in this discovery.
Centre To Sign Pacts Worth Over Rs.72,000 cr At Shipping
1.Central government is expected to sign agreements worth over Rs. 72,000 crore with private players
on port-related projects at the Indian Maritime Summit to be held in Mumbai.
2.The Shipping Ministry has identified 109 projects worth Rs.72,864 crore on which agreements will be
signed during the event to be held from April 14-16.
PSUs Spent Over Rs 2400 Crore In CSR In 2014-15
Government of India has announced today that in 2014-2015, 116 Public Sector Enterprises (PSUs) have
spent an amount of rs. 2447.59 Crore on Corporate Social Responsibility (CSR) activities and no
complaint has been received on misuse of these funds.
Five Healthcare ATMs Launched in 4 States
1.Five healthcare ATMs have come up in four states. Those states are MP, Himachal Pradesh, Odisha and
Andhra Pradesh.
2.These ATMs are ging to come up under a Health Ministry pilot that combines telemedicine with a
rudimentary free drugs programme.
Railways Forms SPV To Execute Bullet Train Project
Railways shifting the gears to introduce trains that run at speeds around 320 kmph, the railways have
formed a new Special Purpose Vehicle (SPV) to implement the Mumbai-Ahmedabad High Speed Bullet
Train project named the National High Speed Rail Corporation Limited.
YES BANK launches All-Women ‘YES Grace’ branches
1.Private lender Yes BankBSE -0.18 % launched an all-women operated bank branch 'Yes Grace' on
Cunningham Road here aimed at offering customised banking solutions to women.
2.The new branch served by 8 employees currently and with plans to raise the count to 12 will also drive
financial literacy, family banking, safety and wellness amongst women.
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Gujarat Top State Regarding Investment Potential
1.Gujarat has topped the list among the 21 cities in a race to be the best state in India having an
investment potential,according to the report submit by economic think tank NCAER.
2.Gujarat is followed by Delhi, Tamil Nadu, Andhra Pradesh, and Maharashtra. The lowest in the
rankings are the UP, Bihar, and Jharkhand.
IAF To Get The First Batch Of Women Fighter Pilots In June
1.Indian Air Force Air Chief Marshal (ACM) Arup Raha announced while speaking on the occasion of the
International Women’s Day.
2.Bhawna Kanth, Avani Chaturvedi, and Mohana Singh are likely to create history as India’s first women
fighter pilots if they put on the wings and are inducted into the IAF fighter stream. Who among the
three, or all of them, make the final cut depends on them clearing the advanced stage training.
S Rao Will Take Over As The New Chairman And Public Interest Director Of BSE
1.Sudhakar Rao will be the new Chairman of BSE and new Public Interest Director announced by BSE. He
is going to replace Mr. S Ramadorai.
2.As Mr. Ramadorai has retired from the position of its Chairman.
3.He was appointed as public interest director and chairman of the board in 2010 and retired on 7
March 2016 after serving BSE for six years.
Sonakshi Sinha Enters Guinness World Record For Nail Painting
1.Actress Sonakshi Sinha has become a Guinness World Records title-holder as she along with several
other women participated in an initiative to set a record for ‘most people painting their fingernailssimultaneously’.
2.The 28-year-old actress participated in the event on the occasion of International Women’s Day.
George Henry Martin "The Beatless Producer" Passed Away
1.The legendary music producer George Henry Martin has passed away in England. He was 90 years old.
2.He was popularly known as the "Fifth Beatle" as he has signed the Beatles and became their
indispensable mentor and collaborator. George has signed The Beatles and produced more than 700
records.
Rest of India complete record run chase to beat Mumbai by 4 wickets
1.Rest of India (ROI) pull off an incredible chase to beat 41 times Ranji Trophy champions Mumbai by
four wickets.
2.Needing 480 to win the match with a day and a half to go, ROI went about their job without much fuss
as they reached the target with just a few overs left in the match
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India And Indonesia To Conduct Joint Training Exercise "Garuda Shakti IV"
1.Garuda Shakti, the 4th edition of joint training exercise between India and Indonesia will be hosted by
Indonesia.
2.The 13-day long joint exercise will begin from today and will end on March 23 at Magelang, Indonesia.
The exercise is conducted on a reciprocal basis and its first edition was conducted in the year 2012 in
India. The second edition was conducted in Indonesia in 2013 and third in India in 2014.
India, Mexico look to boost trade ties
1.India and Mexico are examining various measures including easing visa norms as well as establishing a
mechanism for carrying out direct trade in precious metals to boost trade and investment ties.
2.A Bilateral High Level Group (HLG) on Trade, Investment and Economic Cooperation between the two
countries will also take steps to increase collaboration between companies in sectors such as renewable
energy, hydrocarbons pharmaceuticals, automobile and auto-components, information technology,
tourism and entertainment.
India's fiscal deficit target a comfort for RBI: Raghuram Rajan
1.India's headline fiscal deficit target for the next fiscal year is a comfort for the Reserve Bank of India
governor Raghuram Rajan said on Saturday, amid hopes of a policy rate cut.
2.Finance Minister Arun Jaitley committed to fiscal discipline in his Feb. 29 budget, lowering the deficit
target further to 3.5 percent of gross domestic product in the fiscal year that starts next month,
surprising investors.
Climate chief expects 80-100 signatures on landmark Paris treaty
The official in-charge of global climate negotiations says between 80 and 100 countries are expected tosign the landmark agreement to tackle climate change reached in Paris in December at a ceremony at
UN headquarters on April 22.
CAG finds 96 per cent of Rs.7 lakh crore of tax arrears ‘difficult to recover’
Over 96 per cent of the Rs 7 lakh crore of outstanding direct tax dues are “difficult to recover”,
according to a Comptroller and Auditor General (CAG) report tabled in Parliament on Friday. A separate
report by the CAG strongly reprimanded the service tax collection department for not maintaining
accurate and updated records.
NITI Aayog Launches 'Women Transforming India' Campaign
1.The NITI Aayog (GOIs premier think tank) has launched the Women Transforming India initiative on
8th March the International Women's Day in partnership with the UN in India and MyGov.
25 Foreign Satellites To Launch This Year India
India will launch 25 foreign satellites belonging to seven countries. The list is topped by the USA in 2016-
17.
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Education Can Push GDP By Additional 4 Per Cent, Says Kailash Satyarthi
1.The Indian economy can clock an addition of four per cent in the growth rate if everyone is educated
over the next 10 years, Nobel laureate Kailash Satyarthi said in Kolkata today.
2..Besides the 'Bachpan Bachao Andolan', he has also started the Kailash Satyarthi Children's Foundation
after winning the Nobel Peace Prize in 2014.
Rajya Sabha Passes Long Awaited Bill To Protect Home Buyers
The Rajya Sabha passed a landmark Real Estate Bill with a promise to secure the interests of
homebuyers and developers in equal measure and remove corruption and inefficiency from the sector.
Ex SC Judge Balbir Singh Chauhan Appointed As Chairman Of 21st Law Commission Of India
1.The Union Government has appointed the former Supreme Court Judge justice Balbir Singh Chauhan
as the Chairman of 21st Law Commission of India (LCI).
2.The announcement has made after six month of delay because The post has been lying vacant since
last September when the commission was constituted.3.Currently he is Chairman of the Cauvery River Water Disputes Tribunal.
Project Mausam Of M/O Culture Aims To Explore Multi-Faceted Indian Ocean World
Project Mausam is the initiative of Ministry of Culture which is to be implemented by the Archaeological
Survey of India (ASI) as the nodal agency with research support of the Indira Gandhi National Centre for
the Arts (IGNCA) and National Museum as associate bodies.
Tapan Chand Elected As AAI Chief
1.In the aftermath of National Governing Council meeting of Aluminium Association of India Tapan Chadelected as AAI chiefTapan Kumar Chand has been unanimously elected as the President of the metal
governing body.
2.Prior to his appointment he was serving chairman and Managing Director of National Aluminium
Company.
Egyptian Diplomat Ahmed Abul Gheit Named As Secretary General Of Arab League
1.Veteran Egyptian diplomat Ahmed Abul Gheit (73) has been selected as Secretary General of the Arab
League.
2.The 22-member league voted unanimously in favour of Aboul Gheit who was only contender for the
post at its ministerial meeting held in Cairo, Egypt.
Kangana Ranaut Has Become The Brand Ambassador Of Reebok India
1.The renowned Bollywood actress Kangana Ranaut has announced as the brand ambassador of Reebok
India. On the occasion the actress has also launched the new campaign of the brand titled “Be More
Human”.
2.The new campaign featuring Kangana has been released on the “International Women’s Day”.
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Brazilian Musician Nana Vasconcelos Passed Away
Renowned Brazil musician Nana Vasconcelos has passed away in the northeastern Brazilian city of
Recife. He was suffering from lung cancer. He was 71.
Hyundai Is Now The Official Partner Of BCCI
Board of Control for Cricket in India (BCCI) has entered into a 4 year partnership with Hyundai Motor
India Ltd (HMIL) as an associate sponsor for all international matches at home. Hyundai is a Korean car
maker.
Keith Emerson, Rock Keyboard Pioneer, Dead in Apparent Suicide
Keith Emerson, the flamboyant yet accomplished keyboardist who pioneered the use of synthesizers in
rock music, was found dead in an apparent suicide. He was 71.
SBI disburses Rs 1,465 crore OROP arrears
State Bank of India on Monday released arrears worth Rs 1,465 crore to 7.75 lakh defence pensioners
under One Rank One Pension (OROP) scheme.
Telangana creates Rs.4,675-cr. Special Development Fund
Telangana Budget for 2016-17 has proposed spending Rs.4,675 crore towards a Special Development
Fund.
Israel doubles budget for immigration of Indian Jews
Some 700 Indian Jews will be able to immigrate to Israel this year, a three-fold increase over last year,after the Israeli government decided to double the budget marked for their immigration to the Jewish-
state.
Naidu woos investment for Amaravati in London
The British Museum’s best-kept India secret – a special gallery dedicated to the museum’s treasure
trove of Buddhist architecture and sculpture from the ancient site of Amaravati -- floored Andhra
Pradesh Chief Minister, N. Chandrababu Naidu, who was on a two day visit to London to canvas
investment for the new capital city of Amaravati.
AI ties up $155 mn towards payment of 3 Boeing planes
1.Air India has tied up loans worth USD 155 million (over Rs.1,000 crore) to make pre-delivery payment
for three Boeing 777 planes, amid the national carrier making efforts to expand and rejig its fleet with
new aircraft.
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China got $126-billion FDI in 2015 despite slowdown
China, witnessing its slowest growth in 25 years, attracted $126 billion in foreign direct investment (FDI)
last year, up 5.6 per cent, with the majority invested in services and high-end manufacturing sectors of
the world’s second biggest economy, Chinese Commerce Minister Gao Hucheng said on Sunday.
Centre’s nod for Mega Food Park in Khammam
1.Government of India has accorded final approval for setting up a Mega Food Park in Khammam District
of Telangana, the State Finance Minister Etela Rajender said on Monday.
2.“An amount of Rs.967 crore has been proposed under the Plan for promotion of industries” in the
coming fiscal, he said, adding that three aerospace parks will also be set up in the State.
Karur Vysya Bank Declares Interim Dividend
1.Karur Vysya Bank on Monday declared an interim dividend of Rs 10 per share (100 per cent) for
financial year 2015-16.
2."The interim dividend shall be payable on and from March 28, and will be paid within the linesstipulated under the Companies Act 2013",.
IMF and India to set-up South Asia Regional Training and Technical Assistance Center in Delhi
1.India and International Monetary Fund (IMF) have decided to set up South Asia Regional Training and
Technical Assistance Centre (SARTTC) in New Delhi.
2.In this regard, Union Finance Minister Arun Jaitley and Christine Lagarde, Managing Director,
International Monetary Fund (IMF) have signed a Memorandum of Understanding (MoU).
Anand Mahindra conferred with France's Chevalier de la Legion d'Honneur
1.Mahindra & Mahindra Chairman and Managing Director (MD) Anand Mahindra was conferred with
Chevalier de la Legion d’Honneur (Knight of the Legion of Honour) by French Government.
2.He was presented with this award by Francois Richier, Ambassador of France to India in recognition of
his outstanding national and international achievements.
Lt Gen N P S Hira appointed Deputy Chief of Army
1.Lieutenant General (Lt Gen) N P S Hira has been appointed as Deputy Chief of Army Staff. He will be
now moving to Army Headquarters in New Delhi.
2.Presently he is posted as Chief of Staff of Northern command at Udhampur, Jammu and Kashmir. He
was commissioned in the Sikh Light Infantry.
India, US launch Fullbright-Kalam Climate Fellowship
1.India and United States have launched the Fulbright – Kalam Climate Fellowship enabling Indian
research scholars to work with American institutions in the field of climate change.
2.It will sponsor up to 6 Indian PhD students and post-doctoral researchers to work with US institutions
for a period up to one year.
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Arab League declares Lebanese movement Hezbollah a terrorist group
1.The Arab League has declared Lebanese movement Hezbollah, a Shia political organisation a terrorist
group. The move comes after the Gulf Cooperation Council (GCC) had adopted the same stance.
2.Decision in this regard was taken during the Arab League Foreign Ministers’ meeting at the
organisation’s seat in Egypt’s capital Cairo. All-22 Arab League members supported the decision except
Lebanon and Iraq expressed reservations.
Modi congratulates new Myanmar President Htin Kyaw
Prime Minister Narendra Modi on Tuesday congratulated U Htin Kyaw on being elected as the first
civilian President of Myanmar in decades and conveyed his desire to work with him to strengthen the
bilateral ties.
ICICI bank ties up with Ferrari for co-branded credit card
1.Country’s largest private sector lender ICICI Bank today said it has tied up with marquee sports carmaker Ferrari to launch co-branded credit card.
2.Details of the fees, if any, were not immediately shared by the bank. ICICI bank’s General Manager
Kusal Roy said this is the first-ever Ferrari range of credit cards in the country.
3.The bank had over 34.69 lakh outstanding credit cards as of November, that saw transactions of over
Rs 2,393 crore at ATMs and POS terminals.
Kingfisher Airlines owes about Rs 295 crore to AAI
Defunct Kingfisher Airlines owes the Airport Authority of India (AAI) Rs 294.57 crore and three cases in
the court have already been initiated in this regard, government said.
Zee to acquire aviation firm Fly By Wire
Media firm Zee Entertainment Enterprises today said it will fully acquire aviation firm Fly By Wire for a
total consideration of Rs 61.25 crore.
India successfully test-fired Agni-I ballistic missile
India on 14 March 2016 successfully test-fired indigenously built nuclear-capable intermediate range
Agni-I ballistic missile. It was launched from launch pad-4 of the Integrated Test Range (ITR) at Abdul
Kalam Island (Wheeler Island) on the Odisha coast.
13th meeting of Broadband Commission for Sustainable Development held in Dubai
The 13th meeting of Broadband Commission for Sustainable Development was held on 14 March 2016
in Dubai, United Arab Emirates (UAE). The meeting was held to promote the power of broadband
networks and services for the 2030 Agenda for Sustainable Development.
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Palestinian Hanan Al Hroub won 2016 Global Teacher Prize
A Palestinian primary school teacher from a refugee camp, Hanan Al Hroub, on 13 March 2016 won one
million dollar Global Teacher Prize. She was awarded for her outstanding contribution to the profession.
Services won Santosh Trophy of Football 2-1
1.Services on 13 March 2016 won the Santosh Trophy National Football Championships title. In the
summit clash at SEC Railway Stadium in Nagpur, Services defeated host Maharashtra 2-1.
2.Arjun Tudu, a national camper for the SAFF Cup in 2015, scored twice in the space of 11 minutes (26th
and 37th) to help Services clinch their fifth title overall. Services took away 5 lakh rupees for winning the
tournament while Maharashtra got 3 lakh rupees for finishing runners-up.
Maritime India Summit 2016 to be held in Mumbai
Maritime India Summit 2016 (MIS 2016), the maiden flagship initiative of the Union Ministry of Shipping,
will be organised from 14 to 16 April 2016 at Bombay Convention and Exhibition Centre, Mumbai.
Republic of Korea is the partner country for MIS 2016.
4th World Congress of Biosphere Reserves inaugurated at Lima
4th World Congress of Biosphere Reserves was inaugurated on 14 March 2016 at Lima in Peru. The
event will be held from 14 March to 17 March 2016 to address different issues related to the
Sustainable Development Goals (SDGs) and the Post 2015 Development Agenda.
Rock legend Keith Emerson died
1.British Keyboardist and progressive rock legend Keith Emerson died on 10 March 2016. He was 71.
2.Emerson, the co-founder of British prog-rock band Emerson, Lake & Palmer, was widely consideredone of the top keyboard players of the progressive rock era.
ICICI Bank ties up with Ferrari for co-branded credit card
Country's largest private sector lender ICICI BankBSE 3.70 % today said it has tied up with marquee
sports car maker Ferrari to launch co-branded credit card.
Kerala Tourism’s Responsible Tourism Campaign Wins Golden City Gate Award At ITB Berlin
1.Kerala Tourism’s new campaign on responsible tourism has bagged the prestigious Golden City Gate
Award at the world’s leading travel trade show , ITB in the German capital of Berlin.
2.Titled ‘New Worlds’, the multimedia campaign containing three short films directed by reputed
Malayalam filmmaker Anwar Rasheed won the silver prize of this year’s Das Golden Stadttor or Golden
City Gate, dubbed as the Oscar of Tourism communication, at the ITB.
Free Wi-Fi Service launched At Srinagar International Airport
State-run telecommunication company, Bharat Sanchar Nigam Limited (BSNL) has launched free Wifi
services at the Srinagar international airport.
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Vijender Singh Registers Fourth Straight Win In Pro Boxing
Indian boxer and Olympic bronze medalist Vijender Singh notched up his fourth successive knockout win
in the professional boxing circuit, beating Hungary’s Alexander Horvath in under three rounds in
Liverpool.
India Aviation 2016 takes off in Hyderabad
Aircraft of different sizes both used for cargo and passenger transport are on show at the Begumpet
Airport in Hyderabad as part of the 5th edition of India Aviation, a 5-day Air Show launched by President
Pranab Mukherjee on Wednesday.
Modi finds a place in Madame Tussauds
1.Prime Minister Narendra Modi will join the ranks of prominent global leaders at Madame Tussauds in
London, Singapore, Hong Kong and Bangkok next month, the world famous wax museum announced on
Wednesday.
2.Describing him as a “hugely important figure in world politics”, the museum said the Indian PrimeMinister had given the museum’s team of artists and experts a sitting at his residence in New Delhi
earlier this year.
3.“Prime Minister Modi is a hugely important figure in world politics, a position supported by his place in
the top 10 of Time Magazine’s Person of the Year List 2015,” said museum spokesperson Kieran Lancini.
Shehnai exponent Ustad Ali Ahmad Hussain Khan dies
Eminent Shehnai exponent Ustad Ali Ahmad Hussain Khan, one of the best-known players of the
instrument after the legendary Bismillah Khan, passed away in Kolkata on Wednesday following
prolonged illness.
Four giant exoplanets discovered
Astronomers have discovered four new giant exoplanets, with masses from 2.4 to 5.5 times that of
Jupiter, orbiting stars much bigger than our Sun.
Over 1,500 cr spent on ministries’ foreign tours in past 3 yrs: Govt.
1.A whopping over Rs. 1,500 crore was spent by various central government ministries on foreign travel
during the last three years, the Lok Sabha was informed on Wednesday.
2.Of the total of Rs. 1,537 crore spent by ministries, a total of Rs. 509.91 crore was during 2014-15, Rs.
434.94 crore in 2013-14 and Rs. 593.09 crore during 2012-13, Minister of State for Personnel, Public
Grievances and Pensions Jitendra Singh said in a written reply.
FDI Up 29% Post Make in India Initiative: Nirmala Sitharaman
Foreign Direct Investment in the country increased by 29 per cent for the 15-month period -- ended
December last year -- after the launch of 'Make in India' initiative, Parliament was informed on
Wednesday.
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Venezuela president extended economic emergency to protect citizens from economic warfare
1.Venezuela President Nicolas Maduro on 14 March 2016 declared a two-month extension on
emergency powers meant to help shore up the country's crippled economy.
2.The declaration will bestow more time on the government of President Nicolas Maduro to intervene in
the market, boost productivity and redress a flagging financial sector.
YES Bank inked MoU with India Brazil Chamber for strategic cooperation
India's fifth largest private sector Bank, YES Bank on 11 March 2016 signed a strategic Memorandum of
Understanding (MoU) with India Brazil Chamber of Commerce (IBCC) to enable significant cooperation in
terms of knowledge partnerships, project consultancy, B2B opportunities, skill and technology
initiatives.
India Committed To Advance Gender Equality: Maneka Gandhi
India is fully committed to advancing gender equality and women's empowerment and eliminating all
forms of discrimination against women for forging inclusive society and development, Union MinisterManeka Gandhi has said.
India Inc first in the world to formally adopt UN’s SDG
1.India Inc. is set to formally adopt the United Nations’ (UN) agenda for the world’s sustainable
development and the 17 goals identified for its implementation.
2.SDG- Sustainable Development Growth;
3.MDG- Millenium Development Growth
4.SDG- 17 goals; MDG- 8 goals
5.SDG will be a evaluated, monitored and reported in a time-bound manner
6.MDG was in implementation from 2001-2015
SAARC Programming Committee meet begins in Pokhara
External Affairs Minister Sushma Swaraj will leave for Nepal to attend SAARC ministerial meet. Before
the Ministerial meeting, a session of Programming Committee of SAARC will be held in Pokhara (Nepal).
Standing Committee of the SAARC, which is a Foreign Secretaries-level Forum, will be held on 16th of
this month.
Anil Wadhwa concurrently accredited as the next Ambassador of India to the Republic of San Marino
1.Anil Wadhwa, Ambassador of India to Italy, has been concurrently accredited as the next Ambassador
of India to the Republic of San Marino with residence in Rome. He is an Indian Foreign Service Officer of
the 1979 batch was also posted as Secretary (East) in 2014.
2.He has also served as the Indian Ambassador to the Kingdom of Thailand (Nov 2011 to Jan 2014) and
previously as the Ambassador to Poland and to the Sultanate of Oman.
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Parytak Mitra Programme to enable Students to act as Tourist Facilitators
1.Parytak Mitra Programme was in news on 14 March 2016. It came in news after the information on
the same was provided in the Lok Sabha by the Minister of State for Culture and Tourism (I/C) Dr.
Mahesh Sharma.
2.The programme was launched by Union Ministry of Tourism on 12 January 2016 (National Youth Day)
to inculcate appropriate tourism traits and knowledge amongst the trainees to enable them to act/work
as Tourist Facilitators (Prayatak Mitra).
Altico Capital names Naina Lal Kidwai as Non-Executive Director
Mumbai based Non-banking financial company Altico Capital India has appointed former HSBC India
chairperson Naina Lal Kidwai as an independent non-executive director.
253 Indian Villages Lit Up In Just One Week Under The Scheme Deen Dayal Upadhyaya Gram Jyoti
Yojna
1.323 villages have been electrified across the country during last week (from 6th to 13th March 2016)under Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY).
2.Out of these electrified villages, 86 in Odisha, 73 in Jharkhand , 61 villages in Uttar Pradesh, 42 in
Arunachal Pradesh , 33 in Bihar, 16 in Assam, 6 in Chhattisgarh, 3 in Madhya Pradesh and 3 in Rajasthan.
Lin Dan Earns His Sixth All England Badminton Title
Lin Dan from China has won the prestigious 2016 All England Badminton title in the men’s singles
category.In the final match played at Birmingham, England he defeated Chinese teammate Tian Houwei
by 21-9, 21-10 score.
AirAsia names Abrol as India CEO
1.Low-cost carrier AirAsia India announced that Amar Abrol will succeed Mittu Chandilya as its CEO with
effect from April 1.
2.The airline also announced appointment the of Ankur Khanna as the chief financial officer and Kiran
Jain as head of commercial operations.
AP FiberNet: 15 mbps for Rs 149, 100 mbps for Rs 999!
1.Chief Minister Chandrababu Naidu launched AP FiberNet in Visakhapatnam on Thursday. State
Government wishes to provide broadband connectivity for 1.3 crore households and it already struck a
deal with Cisco. The agenda is to offer low-cost broadband connection to all the households and
business operations in the state.
L&T targets Rs.5,000 cr defence orders
1.Engineering and construction major Larsen and Toubro (L&T) expects its defence orders to grow to
Rs.50,000 crore in the next three years.
2.The ‘Make in India’ initiative and thrust on indigenisation in the defence sector, have opened up new
avenues for the company, he said.
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New golden frog species found in Colombia
1.Researchers have discovered a new species of pale-gold coloured frog in the cloud forests of the high
Andes in Colombia.
2.Its name, Pristimantis dorado, commemorates both its colour (dorado means ‘golden’ in Spanish) and
El Dorado, a mythical city of gold eagerly sought for centuries by Spanish conquistadores in South
America.
Copper idol found in Chikodi
1.A copper idol of Gautam Buddha was found in an agricultural field at Nagarmunoli village of Chikodi
taluk on Raibag Road, on Thursday evening.
2.Shivamogi Krishna Bane, a farmer, found the idol while he was excavating his land to construct a pond.
After digging a few feet, Mr. Bane was thrilled to find the idol. As the news spread, a large number of
people from the village thronged to his field.
Surat railway station cleanest: survey
Surat has the cleanest railway station in the country, followed by Rajkot and Bilaspur (Chhattisgarh),
according to an Indian Railway Catering and Tourism Corporation (IRCTC) survey, released.
India Ranks 118 out of 156 Countries World Happiness Index Report.
1.India ranked 118th out of 156 countries on the United Nations World Happiness Index (WHI) 2016.
2.It was revealed by the fourth World Happiness Report 2016 and published by the Sustainable
Development Solutions Network (SDSN), a global initiative for the UN.
3.In 2015 India was at 117 th in the happiness list.
RBI Likely To Pay Rs 57,000 Cr. In Dividends To Government in 2016-17
The Reserve Bank of India is likely to pay the government Rs 57,000 crore in dividends in 2016-17,
slightly less than the amount it paid in the current fiscal but much higher than that in earlier years.
Over Rs 1 lakh crore disbursed under MUDRA Yojana
1.Under Pradhan Mantri Mudra Yojana Loans worth Rs1.09 lakh crore have been sanctioned to small
entrepreneurs, loans worth over Rs.1.09 lakh crore were given to over 2.96 crore beneficiaries.
2.According to Minister of State for Finance Jayant Sinha loans worth over Rs 1.09 lakh crore were given
to over 2.96 crore beneficiaries.
Jammu & Kashmir 9th State To Join UDAY Scheme, To Save Rs 9,800 Cr.
1.Jammu & Kashmir (J&K) became the 9th state to sign the memorandum of understanding(MoU) for
power distribution reforms, the Ujwal Discoms Assurance Yojana (UDAY).
2.It’s a tripartite agreement between the Union Ministry of Power, state governments and the discoms
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3.The other eight states are Rajasthan, Uttar Pradesh, Chhattisgarh, Jharkhand, Bihar, Gujarat, Haryana
and Punjab.
Bharti Airtel buys Videocon Telecom for Rs 4,428 cr.
1.India’s largest telecom operator by subcriber base, Bharti Airtel, said on Thursday that it has acquired
Videocon Telecom for Rs 4,428 crore.
2.With this, Bharti Airtel will get the rights to use 2X5 MHz of spectrum in the 1800 band allocated to
Videocon by the government on April 5, 2013.
Actress Michelle Yeoh Appointed As UNDP Goodwill Ambassador
1.Michelle Yeoh, the award winning action heroine has been appointed as United Nations Development
Programme (UNDP) Goodwill Ambassador.
2.The UNDP works to eradicate poverty and reduce inequality.
Paul Daniels, TV Magician, Dies Aged 77
1.Television magician Paul Daniels has died aged 77 after being diagnosed with a brain tumor.
2.The entertainer was diagnosed with an incurable brain tumor in February and last week returned from
hospital to spend his “final days” at home.
UN suspends Maria Sharapova as Goodwill Ambassador after doping allegations
1.The United Nations (UN) has suspended Russian tennis player Maria Sharapova as Goodwill
Ambassador of the organisation after she was tested positive on doping allegations.
2.She was suspended by New York based UN Development Programme (UNDP) until the outcome of the
investigation into her case is known.
Small savings rates slashed, PPF rate cut to 8.1% from 8.7%
1.The government on Friday slashed interest rates on small-savings schemes, including the Public
Provident Fund and Kisan Vikas Patra.
2. After the decision taken last month to revise the interest rates on small savings every quarter, the
rate under the Public Provident Fund scheme will be cut to 8.1 per cent for the period from April 1 to
June 30 from 8.7 per cent, said a Finance Ministry order.
Kazakhstan bans smartphones in government offices
1.Visitors and officials going to government offices in Kazakhstan will now have to leave your
smartphone at the reception
2.According to a report in www.sbs.com.au, a leaked government memo suggests that officials and
visitors in Kazakhstan will no longer be allowed to bring smartphones into government offices.
3.The government document, leaked to the media, said that smartphones would be banned from March
24 for officers and civil servants.
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Cisco to invest $100 mn in India to push digitization
Technology giant Cisco said it will invest USD 100 million in India by 2020, to support the Government’s
Digital India initiative.
Indian Professor Appointed 56th President Of International Studies Association
1.An Indian Professor has become the president of a scholarly group in the US dedicated to international
studies.
2.Professor TV Paul took over as the 56th president of International Studies Association (ISA), at its
annual convention at Atlanta, Georgia this week.
India has signed $35 million loan agreement with The World Bank for MP project
1.The Government of India has signed a loan agreement with the World Bank for Neeranchal National
Watershed Project in Madhya Pradesh.
2.The loan has been sanctioned by the World Bank’s concessionary lending arm International
Development Association (IDA).
Arun Jaitley to inaugurate National Community Radio Sammelan in New Delhi
1.Information and Broadcasting Minister ArunJaitley will inaugurate the 6th National Community Radio
Sammelan in New Delhi.
2.The theme of the conference is, ‘Community Radio in India: Towards Diversity and Sustainability’.
Denmark firm to set up pumps manufacturing unit near Hyderabad
1.Desmi Technology a leading international manufacturer of pumps and pump solutions plans to set up
a plant on the outskirts of Hyderabad shortly.2.A high-level delegation from Denmark representing Desmi Technology headed by its Chief Executive
Officer Henrik Knudsen and Lars Boldt Rasmussen called on the Telangana Industries Minister Jupally
Krishna Rao in the Secretariat on Thursday and conveyed its interest to start a plant.
Vijay Mallya quits as RCB Director
1.Royal Challengers Bangalore (RCB) has confirmed to the BCCI that Russell Adams has been designated
as points man for all further correspondence.
2.The decision has been taken when Mr. Vijay Mallya has resigned as the director of the Royal
Challengers Sports Private Limited (RCSPL) on Thursday. But he will hold the post of chief mentor.
Ex Wipro CFO Suresh Senapaty Has Appointed As The New Chairman Of Honeywell Automation
1.Suresh Senapaty, The ex Wipro CFO has been appointed as the new Chairman by Honeywell
Automation India Ltd (HAIL) on Thursday.
2.He has been appointed as an Additional Director (Non-Executive, Independent) and as Chairman of its
Board of Directors.
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Prime Minister Narendra Modi, his mantris spent Rs 567cr on foreign trips in 2015-16
The foreign trips of Prime Minister Narendra Modi and his Cabinet colleagues cost the exchequer Rs 567
crore in the last financial year (2015-16), an increase of more than 80% from the previous year, budget
documents show. This is besides the over Rs 500 crore his bureaucrats spend on their travel each year
on an average.
India to Capture 20 Percent of IoT Market: Nasscom
India aims to capture 20 per cent market share in Internet of Things (IoT), an emerging sector which
would be worth $300 billion (roughly Rs. 19,94,758 crores) by 2020, a top Nasscom official said
Saturday.
Investments Via P-Notes Slump To 18 Month Low Of Rs 2.18 Lakh Crore
1.Investments through participatory notes (P-Notes) into India's capital markets declined to 18 month
low of Rs 2.18 lakh crore at the end of February, amid sluggish equity markets.
2.According to Sebi data, total value of P-Notes investment in Indian markets (equity, debt andderivatives) has been falling since October.
Coal Production Target At 598 Million Tonnes For FY17: Coal Secretary
1.Government has set the 2016-17 coal production target for Coal India at 598 million tonnes, Coal
secretary, Anil Swarup told NDTV Profit in an exclusive interview.
2.''We are targeting a production of 598 million tonnes for FY17, and should be able to hit 535 million
tonnes this year''.
Nepal inks transit treaty with China, to have first rail link
China agreed on Monday to a request of Nepal Prime Minister K.P. Sharma Oli to build a strategic
railway link between the two countries through Tibet to reduce his land-locked country's total
dependence on India. The day also saw the two sides cementing their ties by signing 10 agreements,
including a landmark transit trade deal.
Jindal Shadeed all set to tap $6 bn construction market in GCC
1.Anticipating pick-up in demand in construction and road sector in the GCC region, industrialist Naveen
Jindal feels Jindal Shadeed Iron and Steel (JSIS) with its 1.4 MTPA rebar facility is all set to take
advantage of the $6 billion market opportunity in the region.
2.JSIS, a subsidiary of the steel-to-power group Jindal Steel and Power (JSPL), has invested $1.2 billion to
set up a 2 million tonne per annum (MTPA) steel melting shop and a 1.4 MTPA rebar mill at the
industrial port city of Sohar in Oman.
Badminton: HS Prannoy wins the 2016 Swiss open men’s singles:
India’s fourth highest ranked men’s badminton player HS Prannoy won the men’s singles title at the
2016 Swiss Open in Basel, defeating his opponent Germany’s Marc Zwiebler in straight sets 21-18 21-15
in the final.
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Indian air force to conducted day-night exercise “iron-first”
Indian Air force displayed its combat and free power at Rajasthan’s Pokhran firing range in a day & night
demonstration. The event comprised six packages depicting six themes in which more than 180 aircraft,
including fighters, transport and helicopters participated.
India provides 265 million grants for constituting Tagore’s memorial
1.As a part of the agreement signed during Narendra Modi’s visit to Srilanka, 265 million is given as
grant to constitute Rabindranath Tagore’s memorial auditorium in Srilanka.
2.Rabindranath Tagore memorial Auditorium is constructed in University of Ruhuna, Matara. The
competitive bidding was signed with M/S.Link engineering ltd.
Government slashed the interest rates of PPF from 8.7% to 8.1%:
The government has lowered the rate of interest of small saving schemes such as PPF, NSC and Kisan
Vikas Patra. The Public Provident Fund (PPF) will yield 8.1% compared with 8.7% at present and theKisan Vikas Patra will fetch 7.8% against 8.7%.
IOB Becomes first bank to sell Indian gold coins
Indian Overseas bank (IOB) has become the first bank to commerce the sale of Indian gold Coin (IGC) in
the domestic market.
It has tied up with metals and minerals trading corporation of India (MMTC) for the sale of 24 carat
purity. The IGC has the national emblem, the Ashok Chakra, engraved on one side and the face of
Mahatma Gandhi on other.
India’s Agasthyamala among 20 UNESCO world biosphere reserves
1.The sustained campaign to include the Agasthyamala Biosphere Reserve (ABR) in UNESCO’s World
Network of Biosphere Reserves (BR) has eventually paid off.
2.India has been campaigning for the inclusion of the reserve in the network for the past few years.
3.With the addition of the ABR, 10 of the 18 biosphere reserves in the country have made it to the list.
4.The others are Nilgiri, Gulf of Mannar, Sunderban, Nanda Devi, Nokrek, Pachmarh, Similipal,
Achanakmar-Amarkantak and Great Nicobar.
Ashok Leyland to partner with US firm to develop defence systems
Ashok Leyland Defence Systems (ALDS), a division of Hinduja Group flagship company Ashok Leyland,
today said it has selected US-based Lockheed Martin to develop light specialist vehicle and light
armoured multi-purpose defence vehicles for armed forces.
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SBI raises Rs 500 crore via issue of bonds
The State Bank of India on Tuesday said it has raised Rs 500 crore from issue of bonds on a private
placement basis.
Ex-Intel CEO Andy Grove dies
Andy Grove, the former Intel Corp. chief executive whose youth under Nazi occupation and escape from
the Iron Curtain inspired an “only the paranoid survive” management philosophy that saved the chip
maker from financial ruin in the 1980s, died. He was 79.
22nd March Celebrated world Water Day:In 2016, the theme is "Water and Jobs,".
World Water Day is held annually on 22 March as a means of focusing attention on the importance of
freshwater and advocating for the sustainable management of freshwater resources.
In 2016, the theme is "Water and Jobs," in 2017 "Wastewater" and in 2018 "Nature-based Solutions for
Water".
Hinduja brothers top Britain’s ‘Asian Rich List’
India-born brothers G P Hinduja and S P Hinduja topped the 'Asian Rich List 2016' released here last
night and the annual rankings showed that they had added one billion pounds to their personal fortune
in a year to be worth an estimated 16.5 billion pounds.
Cairn India Bags Five Awards At 'FICCI Excellence Awards'
1.Cairn India Ltd. has remained in the top deciles of safety performance amongst peer group companies
for the FICCI Safety Systems Excellence Award in Manufacturing.
2.The awards, which are dedicated for best safety and occupation health systems act as a motivationand a catalyst for adopting best safety practices and systems in the manufacturing sector.
Obama Embarks On Historic Cuba Visit
1.US President Barack Obama embarked on a historic trip to Cuba more than a year after Washington
reset its foreign policy towards the island following decades of Cold War animosity that almost led to a
nuclear war.
2.The three-day trip - the first by a US president in 88 years - was unthinkable until Obama and Cuban
President Raul Castro agreed in December 2014 to re-establish diplomatic ties.
Prince Harry Begins 5-day Trip To Nepal
1.Britain’s Prince Harry reached Kathmandu on a five-day visit to Nepal to mark the 200th anniversary of
the bilateral ties.
2.Prince Harry, who is leading a 30-member delegation, called on Prime Minister KP Sharma Oli and
discussed Nepal-Britain bilateral co-operation.
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Lionel Messi Named As Huawei Global Ambassador
1.FC Barcelona’s player Lionel Messi has been named as Huawei global ambassador.
2.The partnership with Lionel Messi showcases the brand’s alignment with people and brands that
demonstrate and strive towards its shared value of connecting greatness.
Wrestler Yogeshwar Dutt Bags Olympics Berth
1.India star wrestler Yogeshwar Dutt secured an Olympic quota place for India with a gold-medal finish
in the men's 65kg freestyle category on an otherwise disappointing day for the country's grapplers in the
Asian Olympic Qualification tournament in Astana, Kazakhastan.
Indian-origin student wins first Noor Inayat Khan Prize In London
1.An Indian student is the winner of the first Noor Inayat Khan Prize for 2016, the London-based Noor
Inayat Khan Memorial Trust announced.
2.Geetakshi Arora of SOAS South Asia Institute has won the first Noor Inayat Khan Prize, the Noor Inayat
Khan Memorial Trust announced in London on.
DA hiked by 6%, to benefit 1 crore employees, pensioners
On the eve of Holi festival, the government today hiked dearness allowance (DA) by 6 per cent,
benefiting over 1 crore central government employees and pensioners.
African elephant dies at Mysuru zoo
1.A male African elephant named Timbo died at the Mysuru zoo in the early hours of Wednesday.
2.Zoo authorities said the tall elephant was aged about 50 years and was one of the star attractions at
the zoo.
PMs of India, Bangladesh commission internet, power supply
Primer Ministers of India and Bangladesh on Wednesday commissioned international gateway of
internet service in Agartala and supply of 100MW power to Bangladesh from Tripura. Chief Minister
Manik Sarkar also graced the cross border occasion connected through video conference.
PM Modi confers Himachal Pradesh with ‘Krishi Karman Award’
1.Prime Minister Narendra Modi conferred ‘Krishi Karman Award” to the government of Himachal
Pradesh for its landmark achievement in showing highest production of food grains in year 2014-15,
despite adverse weather conditions and rain-fed farming in the state.
2.The award was received by Agriculture Minister Sujan Singh Pathania – who led a team of senior
officers including Additional Chief Secretary (Agri) Upma Chawdhry at a ceremony held at New Delhi.
Arun Jaitley To Leave For 4-Day Australia Visit On March 28
1.Finance Minister Arun Jaitley will embark on a 4-day visit to Australia on March 28, during which he
will address a Make in India conference and meet CEOs of multinational companies.
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2.On the first leg of his official visit in Sydney, the minister will have an interactive session at SP Jain
School of Global Management and inaugurate the Sydney branch of Union Bank of India.
3.He will also meet with Julie Bishop, Minister for Foreign Affairs.
4.On March 30, Mr Jaitley will address the 'Make in India' conference in Sydney and hold a session with
prominent CEOs of Australia.
Nadda launches CBNAAT machines for quick diagnosis of TB
1.Union Health Minister JP Nadda launched Cartridge Based Nucleic Acid Amplification Test (CBNAAT)
machines for the quick diagnosis of Tuberculosis within two hours.
2.The CBNAAT is a revolutionary rapid molecular test which detects Mycobacterium tuberculosis and
rifampicin drug resistance, simultaneously.
Paytm ties up with PVR to sell online movie tickets
1.Cinema exhibition chain PVR cinemas and mobile payments and commerce platform Paytm have
announced a strategic relationship that will bring PVR’s movie tickets to Paytm’s e-commerce platform
as a part of its nationwide foray in the online movie ticket segment.2.In the first year of this relationship, PVR targets to sell tickets worth Rs 250-300 crore on Paytm’s e-
commerce platforms in addition to revenues from ticket sales at box offices and other channels.
IKEA donates Rs 92 crore for safe water projects in India, Indonesia
1.Swedish furniture retailing giant IKEA will contribute 12.4 million euro (Rs 92.84 crore) to provide safe
water and sanitation to one million people in India and Indonesia through Water Org.
2.IKEA Foundation has announced a new grant of 12.4 million euro to Water Org on the occasion of the
World Water Day (March 22).
Former Danish Prime Minister Anker Jogensen Passed Away
1.Anker Henrik Jorgensen, who was a Danish politician and served at various times as Prime Minister
and Foreign Minister of Denmark has passed away on Sunday.
2.He led five cabinets as Prime Minister between 1972 and 1981. He was 93.
HS Prannoy wins 2016 Swiss Open Grand Prix Gold badminton title
1.Ace Indian shuttler HS Prannoy (World no 13) has won the prestigious 2016 Swiss Open Grand Prix
Gold badminton tournament in the men’s single category.
2.In the final match played at Basel, Switzerland, he defeated Marc Zwiebler (World no 7) of Germany
21-18, 21-15 score.
India-UAE agreement for $75 billion investment in NIIF gets clearance
1.The Union Cabinet gave its ex-post facto approval for a Memorandum of Understanding (MoU)
between India and the United Arab Emirates (UAE) to mobilise up to $75 billion long-term investment in
the National Investment and Infrastructure Fund (NIIF).
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Shane Watson Announces Retirement From International Cricket After World T20
1.Australian all-rounder Shane Watson has announced that he will quit international cricket after the
ongoing World T20. The 34-year-old retired from Test cricket last year, and has not featured in one-day
internationals since September, 2015.
2.Watson played in 59 Test matches in which he scored 3731 runs and picked up 75 wickets. He was
more prolific in ODIs, where he scored 5757 runs at an average of 40.54 and also picked 168 wickets in
190 matches.
Malayalam Actor VD Rajappan Dies at 70
1.One of Kerala's most popular Kadhaprasangam (story telling) artistes and film comedian VD Rajappan
died on Thursday at a private hospital here, family sources said.
2.Mr Rajappan, 70, was ailing for the past few years.
India to host 8th BRICS Summit in October in Goa
India will host the eighth annual Summit of BRICS from October 15-16 in Goa in its capacity as chair ofthe influential bloc comprising five countries with 42 per cent of the world population and combined
GDP of over $16 trillion.
Core banking facility available at 25K post offices by April
1.The Department of Posts will offer core banking solutions (CBS) to its customers at 25,000 post offices
by April, against 20,494 CBS-enabled branches.
2.CBS-enabled post offices allow customers to access their postal savings from any of the branches
where the facility is available.
HL Dattu appointed to International Human Rights body
1.Justice HL Dattu, chairperson, National Human Rights Commission, India emerged as the unanimous
choice to be appointed as a member of the International Coordinating Committee of NHRIs (ICC) Bureau
in Geneva.
2.Justice Dattu with his vast experience and legal expertise is expected to contribute richly to the
approach of the ICC on the human rights issues being faced by the international community.
Akhilesh Ranjan committee submits recommendations on Taxation of e-commerce
1.A committee was constituted by the Central Board of Direct Taxes to examine the business models for
e-commerce, identify the direct tax issues in relation to e-commerce transactions and provide
suggestions.
2.This committee was headed by Akhilesh Ranjan, Joint Secretary (CBDT) and it includes officers of the
Central Board of Direct Taxes, representatives from the industry, the Institute of Chartered Accountants
of India and tax experts.
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Ali Mohamed Shein is a new President of Zanzibar
The electoral authority of Tanzania’s semi-autonomous archipelago of Zanzibar, the ZEC, announced
incumbent President Ali Mohamed Shein had won his re-election bid, after polls boycotted by the main
opposition party.
Union Finance Minister gives away 5th National Photography Awards
1.I&B Minister Arun jaitley gives away 5th National Photography Awards. Addressing the event Union
Minister Jaitley said our impression of personalities and historical events are based on visuals and a
good photograph has an indefinite life.
2.The Minister lauded the professional work of Shri Bhawan Singh who was given the Life Time
Achievement Award for this year, recalling his excellence in capturing the visual journey of India from
late 70s.
Gurmeet Singh becomes 1st Indian to win Asian 20km Race Walk Championships
Gurmeet Singh created history by becoming the first Indian athlete to clinch a gold medal in the Asian20km Race Walk Championships as he won the men's event with his season's best effort.
MFs Infuse Rs 75,000 Crore In Equities In April-February FY16
1. Mutual Fund managers have pumped in a whopping over Rs 75,000 crore into equities in the first
eleven months of the current fiscal amid sustained volatility in the stock markets.
2.This comes on top of Rs 68,121 crore invested in the entire past fiscal.
Indian Firms Mop-up Rs 58,000 Crore Through NCDs in FY'16
1.Indian firms have raised a staggering over Rs 58,000 crore through issuance of non-convertibledebentures (NCDs) in the ongoing fiscal, amid a sluggish equity markets.
2.This was much higher than Rs 9,713 crore garnered in the entire last fiscal.
Odisha Tops With 17% Share In Manufacturing Investments: Survey
1.Odisha has maximum share of over 17 per cent in the total live investments worth about Rs 33 lakh
crore attracted by manufacturing sector across the country, according to a study.
2.Gujarat has ranked second (nearly 12 per cent) followed by Karnataka (11 per cent), Jharkhand (nine
per cent) and Chhattisgarh (seven per cent), said the study titled "Impact analysis of delay in investment
implementation in manufacturing" by Assocham.
Indian Economy to Grow at 7.2% in 2016-17: BMI Research
The Indian economy is expected to grow at 7.2 per cent in 2016-17, a tad lower than Central Statistics
Office's advance estimates of 7.6 per cent in the current fiscal due to weak investments and external
headwinds, says BMI Research.
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Justice Permod Kohli Appointed As Chairman of Central Administrative Tribunal
1.Retired Chief Justice of Sikkim High Court Justice Permod Kohli has been appointed as the Chairman of
Central Administrative Tribunal(CAT).
2.His appointment was approved by the Appointments Committee of the Cabinet (ACC) chaired by
Prime Minister Narendra Modi.
Nepal becomes Shanghai dialogue partner
1.After a long wait, Nepal has officially become a dialogue partner of the Shanghai Cooperation
Organisation with the signing of a memorandum.
2.Foreign Secretary Shanker Das Bairagi and SCO Secretary-General Rashid K Alimov inked the
memorandum amid a special ceremony held at the SCO Secretariat in Beijing.
ICHR invites RSS historian for lecture
1.The Indian Council of Historical Research (ICHR) has invited historian Satish Chandra Mittal to address
historians on its foundation day this year.2.Mr. Mittal is national president of the All India Itihas Sankalan Yojana, an RSS body dedicated to
shaping a nationalist narrative of history and one of the six petitioners who demanded a ban on Wendy
Doniger’s book The Hindus: An Alternative History.
Union Cabinet Has Approved Rs. 9000 Crore for Swachh Bharat Mission
1.The government of India has approved a $1.5 billion (approximate Rs 9,000 crore) to support Swachh
Bharat Mission (SBM) in rural areas.
2.Apart from the above The GOI has also approved a revised cost of Rs 4,021 crore for the 720 Mw
Mangadechhu Hydroelectric Project in Bhutan.
Indian Coast Guard Vessel Arnvesh Commissioned
1.The Fast Patrol Vessel (FPV), ICGS Arnvesh, of the Indian Coast