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Saturday, March 26, 2016

Daily GK Updates - 25th March, 2016

NATIONAL UPDATES:
1. Arvind Kejriwal named among world’s 50 greatest leaders by Fortune: The list was topped by Amazon CEO Jeff Bezos. Kejriwal was ranked 42nd and is the only Indian included in the list.

2. Jaitley visiting Australia soon to woo investments: Finance Minister Arun Jaitley will fly to Australia on March 28th on a four day visit to attract foreign investments in the infrastructure sector.

3. Himachal Pradesh and Mumbai to have electric buses: Department of Heavy industry has granted in-principle approval to Himachal Pradesh Road Transport Corporation and Mumbai Metropolitan Region Development Authority to introduce zero emission retrofitted electric buses.

4. Tech Mahindra expands presence in France: The Information Technology services of Tech Mahindra have announced the launch of a development centre in Toulose, France to work on projects for existing partners and customers in the aerospace industry. 

5. ITC Ltd acquires Technico Agri Services Ltd, Australia for Rs 121 crore.

6. Hero Cycles acquires 60% stake in Sri Lanka’s BSH Ventures.

7. Paytm hires Alibaba’s former executive Bhushan Patil as company’s new President.

8. ISRO established Gadanki Ionosphere Radar Interferometer (GIRI) near Tirupati in Andhra Pradesh.

9. Union Cabinet approved India’s accession to the Ashgabat Agreement: The Agreement is an international and transit corridor facilitating transportation of goods between Central Asia and the Persian Gulf.


INTERNATIONAL UPDATES:
1. President Pranab Mukherjee greets Greece on Independence Day: President Pranab Mukherjee has extended his greetings and felicitations to the government and people of Greece on the eve of their Independence Day. He sent his greetings to the President of Greece, P Pavlopoulos.
2. Asia most exposed to disasters, Africa most vulnerable: A study revealed that countries and mega cities across Asia are highly exposed to natural hazards ranging from cyclones to earthquakes, but people in sub-Saharan Africa are more vulnerable.
3. Microsoft shuts Artificial Intelligence Robot-Tay: Microsoft, which launched artificial intelligence (AI) powered bot on Twitter for a playful chat with people, only to silence it within 24 hours as users started sharing racist and offensive comments with the bot.
4. International Day of Remembrance of the Victims of Slavery and Transatlantic Slave Trade 2016 observed across the world on 25th March 2016: The theme for this year is Remember Slavery: Celebrating the Heritage and Culture of the African Diaspora and its roots.
5. US Navy Tug USS Conestoga wreck discovered after 95 years.
6. Former Bosnian Serb leader Radovan Karadzic sentenced to 40-year imprisonment for his involvement in the 1995 Srebrenica Genocide: The capital city of Serbia is Belgrade.
OTHER UPDATES:
FINANCE/BANKING:
1. RuPay to launch credit cards in September 2016: Its market share for debit cards has increased to 38%.

2. Lakshmi Vilas Bank ties up with National Bulk Handling Corporation (NBHC) for Collateral Management and Warehousing.

OBITUARIES:
3. Hollywood Comedian Garry Shandling died at the age of 66.

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