NATIONAL
UPDATES:
1. I-T Department sends one lakh notices
to cryptocurrency investors: Arun
Jaitley had stressed that cryptocurrencies are not legal tender and that the
govt would clamp down on illegal transactions done using the medium. The Income
Tax Department has issued one lakh tax notices to people who have invested in
cryptocurrencies such as Bitcoin, Central Board of Direct Taxes Chairman Sushil
Chandra said. The tax department reportedly conducted a nation-wide survey
which showed that Indians had conducted $3.5 billion worth of transactions on
the various cryptocurrency exchanges in operation in India over a period of 17
months. People who have made investments in cryptocurrency and have not
declared income while filing taxes and have not paid tax on the profit earned
by investing.
2. The National Informatics Centre
(NIC) has organized a three-day National Meet on Grassroot Informatics- VIVID
2018 in New Delhi: The event has been inaugurated by Electronics
and Information Technology Ravi Shankar Prasad at India Habitat Centre. The
theme for VIVID 2018 is ‘Cyber Security and Innovation’.
The Meet is aimed at showcasing the various initiatives of NIC in creating and
enhancing the security of Digital Infrastructure in the country. VIVID would be
an extensive platform for knowledge sharing which would empower 240 NIC
district officials from across the country to interact and leverage each
other’s experience and best practices.
3. Maharashtra state will be the first
state to have Transgender Welfare Board (TWB) – Dilip Kamble: The state
government will construct TWB within one month and a provision of Rs. 5 crores
for the welfare of the transgender community. The board for transgenders will
be working for welfare for transgenders in various areas like education,
employment, housing, and health scheme. It will also take care of
Constitutional and human rights of transgenders.
INTERNATIONAL UPDATES:
1. 'Maldives Prez wanted to send special
envoy to India but visit dates did not suit Indian side': Maldives' beleaguered President Abdulla Yameen wanted to send
his foreign minister as special envoy but the Indian side did not find the
dates "suitable", the Maldivian ambassador said, even as officials
here maintained that no "real action" was taken by that country on
India's concerns over democracy there. Yameen has already dispatched special
envoys to China, Pakistan and Saudi Arabia to brief them about the deepening political crisis+ in the country.
2. Three Global militant group as per
US: The United States designated
three militants linked to Pakistan-based terror networks ás ‘global terrorists’
and called on the Pakistani government to deny “sanctuary to these dangerous
individuals and organizations”. The
US Department of the Treasury’s Office of Foreign Assets Control (OFAC)
designated Rahman Zeb Faqir Muhammad, Hizb Ullah Astam Khan, and Dilawar Khan
Nadir Khan as Specially Designated Global Terrorists for their connections
to Lashkar-e-Taiba (LeT) and other groups.
OTHER UPDATES:
SPORTS:
1.The first
woman cricketer to claim 200 wickets in one-day internationals(ODI): Indian fast bowler Jhulan Goswami (35-year) has
become the first woman cricketer to claim 200 wickets in one-day
internationals(ODI). Goswami achieved this feat when she bagged the wicket of
South African opener Laura Wolvaardt during the second one-day game of the
three-match series at Kimberley. Cathryn Fitzpatrick (Australia) occupies the
second spot with 180 wickets followed by compatriot Lisa Sthalekar on 146
wickets. Goswami has taken just 166 one-day games to get 200 wickets with an economy
of 3.23.
BUSINESS/ECONOMY:
1. Bitcoin drops below $6,200 for first
time in three months: Bitcoin plunged
20% to a three-month low, its latest sharp loss following a series of setbacks
for the cryptocurrency that, with a collapse across global mainstream markets
adding to the selling. The virtual currency fell to $6,190 for the first time
since mid-November, according to Bloomberg News, and represents the latest
hammering for a unit that saw a stratospheric 26-fold rise last year recent collapse
comes just six weeks after bitcoin hit a record high of $19,511, fuelled by a
flood of speculators looking to make a quick buck, with warnings it could fall
another 50 per cent.
2. NCERT joins hand
with Google: Google and
National Council of Educational Research and
Training (NCERT) signed an agreement to integrate ‘Digital
Citizenship and Safety’ course in information and communication technology
curriculum. The NCERT contains a curriculum on IT and communication
technologies in its teacher's training programme. Students from class I to XII
will be trained using the curriculum developed jointly by NCERT and Google. This
curriculum has four themes (being smart, being safe, being a digital citizen
and being future ready). No fee is charged by Google for this training.
BANKING/FINANCE:
1. RBI to link base rate with MCLR as more
sensitivity tool to policy rate signals: The Reserve Bank of India (RBI)
will link the base rate with the MCLR from 1st of April this year to ensure
expeditious transmission of its policy rate to borrowers. The Reserve Bank of
India (RBI) had introduced the Marginal Cost of Funds based Lending Rates
(MCLR) system with effect from 1st April 2016. RBI observed that large
proportion of bank loans continue to be linked to Base Rate. RBI has been
decided to harmonize the methodology of determining benchmark rates by linking
base rate to MCLR as it is more sensitive to policy rate signals.
SCIENCE/TECHNOLOGY:
1. Tesla car sent to Mars takes wrong
turn into deep space: Elon Musk's car is headed off
into very deep space after being strapped to the top of a rocket. The Tesla Roadster was originally
intended to head into orbit around Mars as part of the Falcon Heavy test, which would
try out the most powerful rocket on Earth. To fill up the space that would
normally be occupied by scientific equipment or another payload, Mr Musk put a
car into the rocket — and blasted it out into space, filming it as it went. In
the original plan, the car and the dummy that is sat in it would have gone into
orbit between Mars and Earth, slowly passing around the solar system. However,
the payload has overshot that route and is now headed even deeper into space.
BOOKS:
1. “A century is not Enough” – An autobiography of Sourav Ganguli: India most famous captain Sourav Ganguly (Prince of
Kolkata) unveiled the first look of his autobiography titled “A Century is Not
Enough”. The book co-authored by Gautam Bhattacharya and published by
Juggernaut Books. The contents of the book shall draw from all the highs
Ganguly enjoyed in his career as well as the lows. The book will be released by
the end of February 2018. Currently, Ganguly is the President of the Cricket
Association of Bengal (CAB) and also one of the four members of the Indian
Premier League's Governing Council.
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