NATIONAL UPDATES
1. NITI Aayog launches baseline ranking: The NITI Aayog launched the
baseline ranking for 115 aspirational districts based on 49 indicators across
five sectors that include health and nutrition, education, agriculture and
water resources, financial inclusion and skill development, and basic
infrastructure. This would be followed by delta ranking of these
districts from May 2018 based on their incremental progress.
2. MoU between India and SACEP approved: The Cabinet has approved the
MoU between India and South Asian Cooperative Environment Programme
(SACEP) for cooperation on Oil and Chemical Pollution in the South Asian Seas
Region. It will promote cooperation between India and other maritime
nation for protection of the marine environment. Indian coast guard will
be the competent authority for implementation of “Oil spill contingency
plan”.
3. N-AIM formation recommended for AI work in India: A central task force on
Artificial Intelligence (AI) has suggested creating a National Artificial
Intelligence Mission (N-AIM) will serve as a nodal agency for coordinating AI
related activities in the country. The task force was set up by the Union
Commerce Ministry in August 2017. The task force members include those from
government and the private sector.
4. EPFO launches portal for pensioners: EPFO has launched the pensioner’s
portal through which all EPFO pensioners may get the details of pension-related
information. The pensioner’s portal is a service where details like pension
payment order number, payment order details, passbook information and other
related information are available. It provides help to pensioners to know the
status of their life certificate.
5. MP govt launches ‘Kadaknath’ app: The Madhya Pradesh government has
come up with a mobile application to market rare chicken breed — the
“Kadaknath”. The “MP Kadaknath” mobile app aims to connect poultries that sale
the breed with people from other parts of the country. Kadaknath breed is known
for its taste and nutritional value, especially high percentage of protein.
INTERNATIONAL UPDATES
1. Win Myint is the new
President of Myanmar: Myanmar's Parliament elected Win Myint as the
country's new President. This comes after Myanmar's first democratically
elected President Htin Kyaw resigned from the position due to health issues.
Myint is considered a close aide of State Counsellor Aung San Suu Kyi and has
been a speaker in the lower house since 2012.
2. India-China ELM resumes data sharing on
Brahmaputra
and Sutlej: China pledged to continue
data sharing of Brahmaputra and Sutlej waters. The decision was taken during
the 11th meeting of the India-China Expert Level Mechanism (ELM) on
Trans-border Rivers. The two-day meeting began on March 26 in Hangzhou. The
data on water flows in both rivers is shared during the monsoons, to predict
flooding, mainly in the northeast.
3. New Jersey declares April as Sikh Awareness and Appreciation Month: The US state of New Jersey has
declared April as ‘Sikh Awareness and Appreciation Month’ as part of its effort
to promote awareness of the faith. The resolution was adopted unanimously by both the New Jersey House of
Representative and the Senate.
4. Malala to visit Pakistan
first time after the attack on her: Nobel Peace Prize winner Malala
Yousafzai returned to Pakistan for the first time since being shot by Taliban
militants. She was shot in the head by a gunman for campaigning for female
education in 2012. She is expected to hold meetings with Prime Minister
Shahid Khaqan Abbasi. Local media reported details of the trip have been kept
secret in view of the sensitivity. The trip is expected to last four days and
she arrived with officials from her Malala Foundation group.
OTHER UPDATES
SCIENCE / TECHNOLOGY:
1. Hot, metallic Earth-sized planet, K2-22b, discovered: Scientists have discovered a hot,
metallic, Earth-sized planet-“K2-229b”- orbiting a dwarf star located 260 million
light-years away. The planet is almost 20% larger than Earth but has a mass
which is over two-and-a-half times greater. Further research on the same is going on.
BUSINESS / ECONOMY:
1. Shekhar Kapur to head National Film Awards jury: Veteran director Shekhar Kapur
has been appointed the chairman of the central panel of the 65th National Film
Awards.
The central panel comprises a chairperson and 10 other
members, including five regional chairpersons who head the respective regional
panels. The 11-member committee reportedly includes lyricist Mehboob, actress
Gautami Tadimalla and director Rahul Rawail.
BANKING / FINANCE:
1. RBI imposes a ₹58.9 cr fine on ICICI Bank: RBI has imposed a penalty of Rs
58.9 crore on ICICI Bank for failure to adhere to held-to-maturity (HTM)
guidelines. This is the highest penalty imposed by RBI on a bank for a single
incident. Under RBI guidelines banks have to split their holding of government
securities into `held-to-maturity’ (HTM) and available for `available-for-sale’
category.
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