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Wednesday, April 3, 2019

Daily GK Updates - 3rd April, 2019


NATIONAL UPDATES:
1. Registration for annual Amarnath Yatra begins : Registration of pilgrims for Amarnath Yatra (two-month long) began through 442 branches of Punjab National Bank, Jammu & Kashmir Bank and YES Bank across the country.This year, the 46-day pilgrimage will commence simultaneously on both the routes(Baltal and Pahalgam) from 1st July. Any person below the age of 13 years or above 75 years, pregnant women and medically unfit people are barred for taking the pilgrimage in south Kashmir. For details visit the Shri Amarnathji Shrine Board's website: “www.shriamarnathjishrine.com”.

2. Kandhamal haldi (turmeric) gets GI tag :  Kandhamal haldi (turmeric) produced by the tribal farmers in Odisha's Kandhamal district received the Geographical Indication (GI) tag. Kandhamal turmeric, originally grown by tribal people in Kandhamal, is famous for its medicinal properties. Kandhamal haldi is organic by default being cultivated by more than 60,000 families. The colour of Kandhamal haldi is golden yellow being well distinguished from other varieties.

INTERNATIONAL UPDATES:
1. US approves sale of 24 MH 60 Romeo Seahawk helicopters to India :  The US government has approved the sale of 24 multi-role MH-60 Romeo Seahawk  helicopters to India at an estimated cost of 2.4 billion US dollars. It is considered the world's most advanced maritime helicopter. The choppers will provide the Indian defence forces with the capability to perform anti-surface and anti-submarine warfare missions.

2. Algeria's president Abdelaziz Bouteflika resigns amid mass protests :  Algerian President Abdelaziz Bouteflika (82-year) has resigned from the post with immediate effect. Bouteflika (in power for 20 years) has come under mounting pressure to step down since his decision to seek a fifth term despite rarely being seen in public after suffering a stroke in 2013. The powerful Algerian army had called for to be declared incapable of carrying out his duties.

3. Japan unveils the name of Its New Imperial Era ‘Reiwa’ :  Japan’s government has unveiled an era name, “Reiwa,” for soon-to-be Emperor Naruhito, who will succeed the Chrysanthemum throne on 1st May. The name ‘Reiwa’ which consists two Chinese characters, the first meaning ‘good’ or ‘beautiful’ as well as ‘order’ or ‘command’ and the second meaning ‘peace’ or ‘harmony’. The country’s current era, Heisei, will end in April.

OTHER UPDATES:
BUSINESS/ECONOMY:
1. Eicher Motors appoints Vinod Dasari as Royal Enfield CEO :  Eicher Motors Ltd. has appointed ‘Vinod K. Dasari’ as the chief executive officer (CEO) of Royal Enfield. Mr. Dasari will also join the board of Eicher Motors as an executive director with immediate effect. Mr Dasari takes over from Siddhartha Lal, who will continue as the MD of Eicher Motors Ltd. Earlier, Mr. Dasari was the CEO and managing director (MD) of Ashok Leyland, a position he held since 2011.

BANKING/FINANCE:
1. Paytm Money receives Sebi approval to start stock broking services :  The Securities and Exchange Board of India (Sebi) has given approval to Paytm Money to start offering broking services. Paytm Money is the investment and wealth management platform of the mobile payments company. The broking services will allow investors to trade in the cash segment, derivatives, exchange-traded funds (ETFs), among other listed entities. Paytm Money has also received membership of NSE and BSE.

SPORTS:
1. India’s first professional Kho-Kho league “Ultimate Kho-Kho” launched : The Kho-Kho Federation of India (KKFI) has launched a franchise-based league for the sport named 'Ultimate Kho-Kho'. It will conduct the 21-day league (IPL-style)), which will see eight franchise teams playing a total of 60 matches in a double round-robin format KKFI has partnered with Dabur India for this event. Tenzing Niyogi (former sports advisory leader at Ernst and Young) has been appointed as the CEO of the league. Former KKFI president Rajeev Mehta is the Chairman of the league.

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