NATIONAL UPDATES
1. E-way bill system comes into force: The Uniform System of e-way Bill
for inter-State movement of goods has come into force from April 1, 2018. Under
the new system, every transporter will have to carry a system-generated bill to
move goods from one place to another. The e-way bill will be mandatory for
inter-state transportation of goods with a value of 50 thousand rupees and
above.
2. Delhi becomes the first city to roll-out Bharat Stage VI fuel: With an aim to combat the rising
levels of air pollution in Delhi-NCR region, petrol pumps in the capital have
started supplying ultra-clean Bharat Stage VI grade fuel. This move makes New
Delhi the first city in the country to switch from BS-IV grade fuels to BS-VI. The
major difference in standards between the existing BS-IV and the new BS-VI auto fuel norms is the presence of sulphur.
3. India becomes the world’s second largest mobile
phone producer: As per the information shared by Indian Cellular
Association, India is now the second largest mobile phone producer in the
world after China. Annual production of mobile phones in India increased from 3
million units in 2014 to 11 million units in 2017. India replaced Vietnam to
become the second largest producer of mobile
phones in 2017.
4. India’s longest elevated road inaugurated: Uttar Pradesh Chief Minister Yogi
Adityanath inaugurated a 10.3 km long Hindon Elevated Road, touted to be the
longest elevated road in the country. It will be connecting Raj Nagar Extension
in Ghaziabad to UP Gate, shortening an hour-long journey to just 18 minutes. The
entire stretch of the Hindon Elevated Road is built on 228 single-pier pillars.
INTERNATIONAL UPDATES
1. India to assist Seychelles for civilian
projects: India
is giving financial support to five civilian projects in Seychelles amounting
to $8.36 million, notwithstanding the fact that Delhi’s plans to build military
infrastructure on Assumption Island in the strategically located Indian Ocean
country has hit a rough patch. Of the total $ 8.36 million support, $3.45
million will be devoted towards the construction of a state-of-the-art
Magistrate’s Court with all modern amenities in Seychelles capital Victoria.
OTHER UPDATES
DEFENCE:
1. Russia test fired new ICBM ‘Sarmat’: The Russian military has
successfully tested its latest intercontinental ballistic missile ‘SARMAT’. The
RS-28 Sarmat can cross South Pole as well as the North Pole, the shortest route
between Russia and US and can strike targets anywhere in the world. Sarmat is
intended to replace the Soviet-designed Voyevoda, the world’s heaviest ICBM
known as “Satan” in the West.
SCIENCE / TECHNOLOGY:
1. ISRO loses contact with GSAT-6A satellite: ISRO has lost contact with the
GSAT-6A, India’s most powerful communication satellite, in less than 48 hours
after it was launched. The GSAT-6A, the 2nd in the series of GSAT-6
satellites to provide high speed broadband on mobile phones was designed
for a life of 10 years. This is the second mission failure for Isro in six
months, with the previous one being the PSLV-C39.
2. China’s Tiangong-1 space lab is all set to re-enter Earth’s atmosphere: China’s Tiangong-1 or Heavenly
Palace space station is set to re-enter Earth’s atmosphere b/w March 31
& April 1. Scientists have underlined that the danger of Tiangong-1 being
hit by falling debris is tiny, as the structure is likely to burn up in
the atmosphere during its re-entry. In 2011, China launched
Tiangong-1 as a prototype for Beijing’s goal of establishing a permanent
space station.
3. S Korea, US began joint military drills: South Korea & US have kicked
off their annual joint military exercises after they were delayed about a month
for Olympics. Foal Eagle field exercise, which involves combined ground,
air, naval & special operation troops, will continue for a month while
the computer-simulated Key Resolve is scheduled for 2 weeks. The two
drills would involve 23,700 US troops & 300,000 South Korean forces.
4. First bank to roll out AI-run voicebot: Kotak Mahindra Bank has launched
the country’s first artificial intelligence-powered voice-bot ‘Keya’ in
the banking sector. Keya uses automatic speech recognition, natural language
understanding and text-to-speech technology. The voice-bot uses natural language understanding to
navigate the customer directly to the destination where he can get his issue
resolved.
BANKING / FINANCE:
1. Allahabad Bank cuts lending rates: Allahabad Bank has reduced the
base rate and benchmark prime lending rate (BPLR) by 45 basis points each. The
Bank has the slashed base rate to 9.15% from 9.60%. BPLR has been brought down
to 13.40% from 13.85%. The reduction in the rates will lower EMIs for its
borrowers.
SPORTS:
1. Cricketer Irfan Pathan joins J&K in a player-cum-mentor role: Jammu & Kashmir Cricket
Association has appointed former India all-rounder Irfan Pathan as the
coach-cum-mentor of its senior state side for 2018-19 season. He will be the
coach-cum-mentor of J&K team for a period of 1 year. He will also be
holding coaching clinics in various parts of J&K for the development of the
game.
2. New head of BCCI’s Anti-Corruption Unit: BCCI has appointed former
Rajasthan Director General of Police Ajit Singh as the head of its
Anti-Corruption Unit. He will replace former Delhi Police Commissioner
Neeraj Kumar. He will take charge of the office ahead of IPL and will be
based out of BCCI headquarters in Mumbai.
3. Indian women’s cricket team captain Mithali Raj was
adjudged ‘Sportsperson of the Year’ : At an event at the Telangana Sports Journalists
Association annual awards for 2017. She is the highest run-scorer in women’s
international cricket and the only female cricketer to surpass the 6,000 run
mark in ODIs. In December 2017, she was named as one of the players in the ICC
Women’s ODI Team of the Year.
4. Sloane Stephens won Miami Open: US Open champion Sloane Stephens
defeated Latvian Jelena Ostapenko 7-6 (7-5) 6-1 to win her first Miami Open
title. Sloane Stephens has now won 6 WTA titles & has never lost in
a final. This win will move Stephens into world top 10 for the first time. Stephens
had beaten 3 former Grand Slam champs – Garbine Muguruza, Angelique Kerber, and
Victoria Azarenka to make the final.
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