NATIONAL UPDATES:
1. HPCL and Tata Join Forces to Build Nationwide EV
Charging Network: Tata Passenger Electric Mobility
(TEPM) has signed an MoU with Hindustan Petroleum Corporation (HPCL)
to set up 5,000 electric vehicle charging stations across India. The
collaboration will leverage HPCLs widespread fuel station network and TPEMs
insights from over 1.2 lakh Tata EVs on Indian roads, to set up chargers at
locations frequently visited by Tata EV owners. The collaboration will leverage
HPCL’s extensive network of over 21,500 fuel stations across the country.
2. Arnab Banerjee elected as Chairman of ATMA: MD & CEO of CEAT Ltd, Arnab
Banerjee has been elected as the new Chairman of Automotive Tyre
Manufacturers’ Association (ATMA). Arnab Banerjee joined CEAT in 2005 as the
Vice President-Sales and Marketing.
3. Threats to the Great Indian Bustard
and Conservation Efforts: The
Great Indian Bustard (GIB) (Ardeotis nigriceps) is a critically endangered bird
species native to the Indian subcontinent. With fewer than 150 individuals
remaining in the wild, the GIB faces numerous threats that are driving it
towards extinction. The GIB ..
INTERNATIONAL UPDATES:
1. 30 March – International Day of Zero Waste: International Day of Zero Waste is celebrated every
year on March 30th. This day aims to raise awareness about reducing
waste and promoting zero-waste initiatives to achieve sustainable development. On
14 December 2022, the United Nations General Assembly adopted a resolution at
its seventy-seventh session to proclaim 30 March as International Day of Zero
Waste, to be observed annually. Promoting zero-waste initiatives through this
international day can help advance all the goals and targets in the 2030 Agenda
for Sustainable Development, including Sustainable Development Goal 11 and
Sustainable Development Goal 12.
2. Michelangelo’s David statue and
Italy’s Cultural Heritage Code: Michelangelo’s David is a renowned marble sculpture created by the
Italian Renaissance artist Michelangelo Buonarroti between 1501 and 1504. The
statue depicts the Biblical figure David, a young shepherd who fought and
defeated the giant Goliath. The sculpture is considered ..
3. Russia’s Veto on North Korea’s
Sanctions Monitoring: The
United Nations Security Council (UNSC) has been monitoring North Korea’s
compliance with sanctions imposed due to its nuclear weapons and ballistic
missile programs. A panel of experts was set up in 2009 to track and report on
any violations ..
OTHER UPDATES:
DEFENCE
1. LCA Tejas MK-1A completes maiden flight in Bengaluru: The Hindustan Aeronautics Limited (HAL) has
successfully completed the first flight of indigenous light combat
aircraft (LCA) Tejas Mark 1A fighter jet in Bengaluru. The aircraft was
airborne for 15 minutes during its first flight. The fighter aircraft is likely to be deployed
at Nal airbase in Rajasthan’s Bikaner near the Pakistan border where it can
take care of the western adversary. LCA Mk-1A is an advanced variant of the LCA
Mk-1, and it has advanced electronic radar, superior warfare capabilities, and
improved maintenance features.
2. India-Mozambique-Tanzania Trilateral Exercise
concludes at Mozambique: The second edition of India-Mozambique-Tanzania Trilateral Exercise (IMT
TRILAT 24) concluded at Nacala, Mozambique. The week-long exercise
underscores the importance of enhanced maritime cooperation and
interoperability between the Navies of India, Mozambique, and Tanzania. INS Tir
and Sujata participated in IMT TRILAT 24 through a series of joint exercises,
training sessions and collaborative activities, providing invaluable
opportunities for all three Navies to exchange knowledge, enhance capabilities
and bolster maritime security in the region.
SPORTS
1. Hockey India Awards 2023: The Hockey India Awards
2023 were held in New Delhi on March 31, 2024 to celebrate the outstanding
Indian hockey players from the previous calendar year. The event saw several
players being recognized for their exceptional performances and contributions to
..
SCIENCE AND TECHNOLOGY
1. India’s first Artificial Intelligence based Film
‘IRAH’ trailer launched: The trailer and song launch of the first Hindi
film on this subject, “IRAH,” took place in Mumbai. The movie
features Rohit Bose Roy, Rajesh Sharma, Karishma Kotak, and Rakshith Bhandarry
in prominent roles. The movie is Produced by Big Films Media and directed by
Sam Bhattacharjee. The film is set to release nationwide in theaters on April
4th through Iamplex Digital Theatrical Distribution.
BANKING AND FINANCE
1. Bank of India to raise Rs 10,000 cr via infrastructure
bonds: Bank of India (BoI)’s board has given approval
to raise Rs 10,000 crore through long-term infra bonds to fund infrastructure
projects. The fund would be raised in 2024-25, BoI said in a regulatory filing.
Recently, many banks including SBI have issued infrastructure bonds to secure
funds that are solely dedicated to advancing various infrastructure development
projects. These bonds help in building roads, bridges, airports, power plants,
and telecommunications networks etc and addressing the infrastructure deficit
of the country.
2. IT Dept slaps ₹564.44 crore penalty on Bank of
India: Income Tax
department has levied a penalty of Rs 564.44 crore on Bank of India,
the public sector lender. The bank has received the order under Section 270A of
the Income Tax Act, 1961 from the Income Tax Department, Assessment Unit
pertaining to AY2018-19, wherein the penalty of Rs 564.44 crore has been
imposed on various disallowances made.
3. Digital India Trust Agency (DIGITA): The Reserve Bank of India (RBI) is
considering establishing a Digital India Trust Agency (DIGITA) to combat the
proliferation of illegal lending apps and curb growing cyber fraud. This
proposed agency aims to verify digital lending apps, maintain a public
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