NATIONAL UPDATES:
1. BEML, BEL join hands to develop indigenous train
control management system: Bharat Earth Movers Limited
(BEML) and Bharat Electronics Limited (BEL) has signed an MoU
to jointly develop an indigenous Train Control Management System (i-TCMS),
aimed at what they called “revolutionising” rail communication technology in
the country. The primary objective of this partnership is to identify potential
areas of cooperation between BEML and BEL, with a focus on exploring the joint
development of high-value products and solutions tailored to the requirements
of Indian Railways and Metro systems.
2. Syama Prasad Mookerjee Port registers record cargo
handling in 2023-24: In its 154-year history, Syama Prasad Mookerjee Port
(Kolkata) including Kolkata Dock System (KDS) and Haldia Dock Complex
(HDC), achieved a milestone in the just-concluded financial year 2023-24
by handling 66.4 million tonnes of cargo. It marked a 1.11 per cent increase
from the previous record of 65.66 million tonnes moved in 2022-23. The complex
handled 49.54 million tonne in 2023-24, marking its highest cargo volume ever
since its inception and surpassing the previous record of 48.608 million tonne
in 2022-23, representing an increase of 1.91 per cent.
3. Meenesh Shah elected as Chairman of NCDFI: The National Cooperative Dairy
Federation of India Ltd. (NCDFI) elected Meenesh Shah as the
Chairman. The election process was conducted by Praveen Chaudhary, IAS, the
District Collector of Anand, who served as the Returning Officer.
Prior
to the Board elections, the NCDFI General Body had elected eight directors to
the Board in an unopposed process on April 04, 2024.
4. 6 April 2024 – National Handmade Day: National Handmade Day is celebrated
every year on the first Saturday in April. This year falls on April 6. It
is a day dedicated to honoring, celebrating, and recognizing the skill and
dedication of people who create handmade goods. The day also serves as a
reminder of the importance of small businesses and their contributions to the
economy. Theme 2024 – Buy a Handmade Product
5. 6 April – National Library Day: National Library Day is
celebrated every year on April 6th. On this day, people come together to
celebrate the crucial roles that libraries and librarians play in our society.
It’s also the day to reflect on the importance of reading and how essential it
is to make books accessible and affordable for every reader. Libraries aren’t a
new concept — it dates back millennia. The first systematically organized
library was founded in the 7th century B.C. by Assyrian ruler Ashurbanipal in
Nineveh, in contemporary Iraq. It contained approximately 30,000 cuneiform
tablets sorted by subject.
INTERNATIONAL UPDATES:
1. 6 April – International Day of Sport for Development
and Peace: The International
Day of Sport for Development and Peace (IDSDP) is celebrated annually on April 6. Objective – To
recognize the importance of sports and physical activity in our personal lives
and communities around the world. Theme 2024 – Sport for the Promotion of Peaceful and Inclusive Societies On
August 23, 2013, the United Nations General Assembly (UNGA) voted Resolution
67/296, declaring April 6 as the International Day of Sport for Development and
Peace.
2. Japan launches e-Visa for Indian Tourists: Japan has officially launched its e-Visa
program for several countries, including India. This single-entry visa
grants a validity of up to 90 days and is specifically designed for travellers
planning to enter Japan by air and holding an ordinary passport. For
individuals seeking short-term tourism in Japan, the process of obtaining a
visa has been streamlined through the introduction of electronic visas
(e-Visas) via the Japan e-Visa system.
OTHER UPDATES:
DEFENCE
1. Army inducted ‘Akashteer’ Systems to enhance air
defence postue: The Army has started the induction
of control and reporting systems under ‘Project Akashdeep’ to
bolster its air defence capabilities. The deployment of the systems began with
flagging off of the first batch of Control Centres from BEL Ghaziabad. Developed
by Bharat Electronics Limited (BEL), the project is aimed at significantly
enhancing the operational efficiency and integration of the Army’s air defence
mechanisms.
BANKING AND FINANCE
1. Bandhan Mutual Fund launched Bandhan Innovation Fund: Bandhan Mutual Fund has
launched the Bandhan Innovation
Fund, an open-ended thematic fund dedicated to investing in
companies at the forefront of innovative breakthroughs. The new fund offers or
the NFO of the scheme will open for subscription on April 10 and will close on
April 24. The scheme will be benchmarked against Nifty 500 TRI. The scheme will
be managed by Manish Gunwani (equity investments), Brijesh Shah (debt
investments), and Ritika Behera (overseas investments).
2. RBI penalizes IDFC First Bank, LIC Housing Finance for
non-compliance: RBI has imposed a penalty of ₹1
crore on IDFC First Bank for non-compliance with certain directions
on ‘Loans and Advances – Statutory and
Other Restrictions’. The Statutory Inspection for Supervisory Evaluation
for FY22 revealed that the bank had sanctioned term loans to a public sector
undertaking for financing infrastructure projects without undertaking due
diligence on the viability and bankability of the projects to ensure that
revenue streams from the projects were sufficient to take care of the debt
servicing obligations. Further, the repayment/servicing of the term loans was
made out of budgetary resources.
AWARDS AND HONOURS
1. SJVN honoured with 15th Vishwakarma Awards 2024: SJVN Limited has won two prestigious awards at the 15th CIDC Vishwakarma Awards 2024, instituted by the Construction Industry Development Council. SJVN has been conferred with ‘Achievement Award for Creating Social Development & Impact’ and ‘CIDC Partners in Progress Trophy’. These awards demonstrate SJVN’s commitment to driving positive change through innovative and concrete CSR initiatives.
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