MARCH 30, 2015 COMPLETE REFERENCE TO CURRENT AFFAIRS

Business:

  1. SEBI proposed an Alternate Capital Raising Platform to help startups and young entrepreneurs to raise funds. Such firms can raise funds from institutions and High networth individuals from capital markets under a relaxed regulatory regime. SEBI also proposed that capital raising would be allowed on the Institutional Trading Platform and the proposed platform will have two categories- Qualified Institutional Buyers and Non Institutional Investors (NII).
  2. RBI plans tougher rules for take overs involving NBFCs, according to RBI draft guidelines published on Monday, any purchase of stake of 26% or more in a company or change in more than 30% of  directors would need the central banks permission.
  3. Alibaba Chiarman– jack ma on his second visit to country announced to help and empower small business in India.

National:

  1. Defence Acquisition Council has approved the Maitri project for the co-development of Short Range Surface to Air Missile (SR-SAM) by DRDO with MBDA of France. DRDO signed MoU with MBDA in 2013.
  2. Enforcement Directorate provisionally attached assets worth Rs 2 crore belonging to former coal minister for state Dasari  Narayana Rao in connection with the coal block allocation under PMLA.
  3. Haryana Government will soon start the excavation of the mythical Saraswati River from Adi Badri, the point from where it originated at foothills of Shivaliks.
  4. GOI has approved  Rs. 1500 crore for setting up of Andhra Pradesh’s new capital in cluding Rs. 500 crore to be spent exclusively on the construction of Raj Bhawan.
  5. Aditi Arya of Gurgaon crowened FBB Femina Miss World 2015.
  6. Rellaince Power has announced the commissioning of the 6th and last 660 MW unit of the 3960 MW Sasan Ultra Mega Power Project.
  7. Assam CM Tarun Gogai presented Bishwaratna Dr. Bhupen Hazarika International Solidarity award to acclaimed film maker Adoor Gopalakeishnan.

International:

  1. Katsushi Inoue appointed as new President and CEO of  Honda Cars India limited.
  2. India and Japan held their Defence Ministerial meeting in Tokyo

    Japan Defence Minister- Gen Nakatani.

  3. China opened its first museum for Family Values.
  4. Misiteries of Commerce, Foreign Affairs and the National Development Reform Commission (NDRC)- a top organisation that steers the Chinese economy– provided details of its One Belt One Road initiative.

    The belt and road has two component-
    The Silk Road Economic Belt (SREB) that would be established along the Eurasian land corridor from the Pacific coast to the Baltic Sea and 2nd one is Maritime Silk Road project.

Emerging Terms and News:

  1. Geeta Phogat was the first Indian women wrestler to qualify for Olympic in 2012 London Olympics.
  2. Any entity registered with SEB having a minimum net worth of Rs. 500 crore is considered as Quaified Instituiional Buyer.
  3. Minister of State for Overseas Indian Affairs- V.K. Singh.
  4. British physicist Stephen Hawking is getting his name Trademarked.

MARCH 29, 2015 COMPLETE REFERENCE TO CURRENT AFFAIRS

Sports:

  1. ICC Chairman N. Srinivasan said that ICC will invest 300 M$ for developing cricket in associate nations.

National:

  1. Navy proposed to decommissioned its aircraft carrier INS Viraat next year.
  2. FCI officials said that the delivery of the second transshipped consignment of rice to Tripura through Ashuganj river port in Bangladesh will be start from Tuesday.
  3. Karnataka is getting ready to host 19th Federation Cup or National Senior Atheletic Championship. Karnataka is hosting this championship for the first time.

International:

  1. After top European powers Germany, France and Britain announced to join AIIB, now Russia, Australia and Netherlands announced its decision to join China led AIIB. Analyst point out that the One Belt One Road initiative of China once implemented , more than 4.4 billion people or 63% of global population countries are expected to benefit and also expected to accelerate the shift of geo-economic power away from US, towards Eurasia.
  2. 9th edition of Earth Hour was observed today and is organised by World Wide Fund for Nature. It was observed on last Saturday in March.

Emerging Terms and News:

  1. Israel President- Reuven Rivlin.
  2. Asian Athletic Championship- Wuhan, China.
  3. World Athletic Championship- Beijing, China.

MARCH 28, 2015 COMPLETE REFERENCE TO CURRENT AFFAIRS

Sports:

  1. Michael Clarke current Australian captain will retire from thr ODI at the end of World Cup 2015.
  2. Saina Nehwal became the first Indian women shuttler to be world number one by defeating Yui Hashimotu of Japan in semi finals of India Open.
    She became the world no. 2 in December 2010.
    Saina is also lone Indian badminton player to have won an Olympic medal when she won bronze medal at 2012 Olympics.

Business:

  1. Asian Development Bank sanction 300 M$ out of 500 M$ loan under SCRIP (SASEC Road Connectivity Investment Program) for road construction of 500 KM in the North Bengal North East (NBNE) region.

    SASEC– South Asia Sub regional Economic Cooperation.

National:

  1. Defence Acquisition Council (DAC) cleared the procurement of 30 Weapon Locating Radars from BEL for Rs. 1605 crore.
  2. Union Government announced the removal of Aziz Qureshi as Governor of Mizoram.
  3. Karnatka’s Cabinet approved development of 3855.23 KM of rural roads at an estimated cost of Rs. 2676.57 crore under the Namma Grama Namma Rasthe program.
  4. ISRO launched its fourth regional navigational satellite IRNSS 1-D by ISRO’s PSLV C-27 vehicle.
  5. Delhi became the first state to launch E- ration card services.
  6. First goods train from Lumding to Silchar in Assam flagged of f. Project completed at a cost of Rs. 3500 crore. This line will provide connectivity to Barak Valley of Assam with rest of the country.
  7. Rajasthan became the first state in the country to fix a minimum educational qualification for contesting election to the Panchayati Raj institutions.
  8. Number of One-horned Rhinos in Assam’s Kajiranga national park has increased to over 2400.
  9. For CM of Mizoram Brig Thenphonga Sailo passed away.

Awards:

  1. Abel Prize 2015 has been won by Nobel Laureate John F Nash Jr. and Louis Nirenberg. They both will share the prize money of 76,000 USD.

    Able Prize is popularly known as Nobel prize in Mathematics and was instituted in 2001, presented annually by King of Norway. This prize named after Norwegian mathematician Niels Henrik Abel.

  2. India- America  biology professor Murty S Kambhampati has been chossen for prestigious US presidential award for excellence in the field of Science, Mathematics and Engineering mentoring.

Books Review:

  1. At Home In India-The Muslim Saga– by Salman Khurshid.
  2. Creating A New Medina– Venkat Dhulipala.
  3. Food For All– Uma Lee.

Emerging Terms and News:

  1. The president of Asian Tennis Federation (ATF) Anil Khanna will contest for the post of the president of International Tennis Federation.
  2. LPSC– Liquid Propulsion System Centre, Kerala.
  3. ISROChairman– A.S. Kiran Kumar.
  4. AWACS– Airborne Warning And Control System.

MARCH 27, 2015 COMPLETE REFERENCE TO CURRENT AFFAIRS

Sports:

  1. Indian women hockey team will have its new coach Anthony Mark Thorton, who was selected to replace Neil Hawgood.

Business:

  1. Natural gas price on Gross Calorific Value will be slashed by 9% to 4.56 $ per mmBtu from April 1 to reflect the softening in International price.
  2. RBI revised regulation for NBFCs lender by directing them to get themselves rated by March 16.
    Those who do not get a minimum investment grade ratings should not accept fresh deposit or renew older ones.
    RBI also tweaked rules in respect of Net Own Funds and pegged the mandatory requirement at Rs. 2 crore for all NBFCs and has given time till April 2017 to comply.
  3. BSE has decided to delist Ranbaxy from its indices from April 6.

National:

  1. Former Pm Atal Bihari Vaypayee conferred highest civilian award Bharat Ratna.
  2. UK opened a visa centre in Gurgaon for the NCR region. With this opining , the UK will have 13 visa application centre across India more than any other country.
  3. ISRo will launch the IRNSS 1D, fourth navigational satellite through PSLV C-27 vehicle, with the functining of IRNSS 1D in orbit, India will have independent regional navigation satellite system.
  4. Abhay K, India’s first secretary in Kathmandu, has been appointed as the Director of Nehru Cener in London.
    He will take over the current director Sangeeta Bahadur. He was also nominated for the Pushcart Prize 2013.
    His latest book of poetry is The Seduction of Delhi.
  5. ISRO has been selected for the Gandhi Peace Prize 2014 for its contribution to the country’s development through space technology. This award was instituted in 1995 and carries 1 crore cash prize.
  6. Union Finance Minstry appointed KM Mani as chairman of the empowered committee of State Finance Minister on GST.
  7. PM inaugurated “Urja Sangam 2015“, event marked the celeberaation of 50 years of operation of ONGC Videsh Ltd, EIL and Barauni Refinery of IOC.
  8. Narendra Modi ranked 5th and Kailash Satyarthi ranked 28th in the 50 greatest leader in the world by Forutune Magazine. List has been topped by Apple CEO Tim Cook.

International:

  1. US economy grew only 2.2% in fourth quarter.
  2. NASA’s Opportunity Rover on Mars became the first human made vehicle that has completed 11 years in space.

Emerging Terms and News:

  1. International Atomic Energy Association- Director General- Yukiya Amano.
  2. NPP– Nuclear Power Plant.
  3. Chairman of Atomic Energy Regulatory Board- SS Bajaj.
  4. DRS– Debt Redemption Scheme.
  5. TP Garg committee was working on 1984 Sikh riots. 

MARCH 26, 2015 COMPLETE REFERENCE TO CURRENT AFFAIRS

Business:

  1. Idea cellular, the country’s third largest operator emerges as largest spectrum bidder of Rs. 30,306.98 crore followed by vodafone and airtel.
  2. With increase in foreign investment in insurance sector, the Insurance Australia Group (IAG) has decided to increase its stake in SBI’s general insurance arm to 49% from 26%.
  3. Ford inaugurated its 2nd vehicle cum engine factory at Sanand in Gujrat with an investment of about 1B$.
  4. Twitter launched its streaming video application Periscope.
  5. CII Indian Women Network (IWM) has commissioned a survey named Women @ Work on gender diversity to identify the best companies for women to work.

National:

  1. Sagar Mala project, one of the pet projects of PM Modi, which envisages port led development of the nation which will lead to the creation of at least 12 smart cities and will raise India’s GDP by 2%. Under this project 12 smart cities will cost Rs 12,000 crore each.
  2. Health and family welfare Ministry has decided to put on hold its earlier decision to increased pictorial warning on tobacco products from the current 40% to 85%.
  3. Rajasthan inaugurated its first state run human milk bank Jeevan Dhara in collaboration with Norwegion government and JK Lon Hospital and aims to collect excess breast milk from lacting mothers and provide it to infants deprived of it.
  4. Ministry of Railway appointed Ajay Committee to review the performance of the PPP cell.
  5. Present spokesperson of MEA, Sayed Akbaruddin, has been appointed as chief cordinator of the India- Africa forum summit.

International:

  1. Saudi Arabia launched a military operation Hauthi Rebel to defend legitimate government in Yemen.
  2. Artist Bharti Kher of India was conferred France highest cultural award the Knight of the Order of Arts and Letters.
  3. American Scott Kelly and Russian Mikhail Koenieko will become the first people to spend a whole year in International Space Station.

Emerging Terms and News:

  1. RSDO– Research Designs and Standards Organisatio (Lucknow).
  2. China funded 1.5 B$ for the port city in Colombo, Sri Lanka.
  3. Google Inc– CFO- Ruth Porat.

MARCH 25, 2015 COMPLETE REFERENCE TO CURRENT AFFAIRS

Sports:

  1. Sardar Singh will lead Indian hockey team in Sultan Azlan Shah tournament to be played at Ipoh, Malaysia from April 5 to 12.

Business:

  1. RBI said that SIDBI and Axis Bank has been applied for setting up an exchange based trading platform to facilitate financing of bills raised by small entities to corporate and other buyers.
  2. Tata Power entered into a share purchase agreement (SPA) to buy stake in 120 MW hydro power plant in Itezhi Tezhi district in Zambia.

National:

  1. Dassault Aviation of France handed over two upgraded Mirage 2000 fighter aircraft to the Indian Air Force

    In 2011 India signed a 2.4 B$ deal with Thales and Dassault for fighter aircraft.

  2. Narendra Modi will travel to France on April 9, Germany on April 12 and Canada on April 14.
  3. KM Mani will head the empowered GST committee.
  4. To help in boosting e-governance, Union Government ha launched Twitter Samvad in association with Twitter for direct communication through tweets and text messages.
  5. Gujrat Philatelic Exhibition GujPex 2015 inaugurated in Ahmedabad, organised by Gujrat postal circle.
  6. Union Government approved 17 mega food parks across the country, taking total number of such projects in country to 42. Out of 17 food parks, 7 parks have been allotted to state agencies while rest to private players.
  7. Modi today launched his ambitious multi-purpose and multi modal platform PRAGATI- Pro- Active Governance and Timely Implementation.
  8. CCEA today approved the launch of National Supercomputing Mission at  estimated cost of Rs. 4500 crore to enable India to leapfrog to the league of world.
  9. I&B Ministry bags the Platinum Icon award for the comprehensive web services.

International:

  1. India and Qatar signed six agreements during the state visit of Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar.
  2. RBI has signed 400 M$ currency swap agreement with Central Bank of Sri Lanka, valid for three years.
  3. Bangladesh has won the Women in Parliaments (WIP) Global Forum Award.

Emerging Terms and News:

  1. Twitter global CEO- Dick Costolo.
  2. Veteran Hindi poet Gopaldas Neeraj won the inaugural National Kavi Pradeep Samman, Instituted by government of Madhya Pradesh.
  3. FIFA World Cup 2022 will be played in Qatar.
  4. TReDS– Trade Receiveables Discounting System.
  5. NSIC– NSE Strategic Investment Corporation.
  6. President of Turkey– Recep Tayip Erdogan.
  7. President of Yemen: Abedrabbo Mansour Hadi. 
  8. Qatar details:
Emir- Tamim bin Hamad Al Thani
Deputy Emir– Abdullah bin Hamad Al Thani
Prime Minister– Abdullah bin Naser bin Khalifa Al Thani
Capital- Doha.
Curency- Riyal.

MARCH 24, 2015 COMPLETE REFERENCE TO CURRENT AFFAIRS

Sports:

  1. Football legend Michel Platini became the president of UEFA for the third time consecutively.

Business:

  1. Cairn Energy of the UK is seeking compensation from the central government for the loss in value it suffered due to unfair and arbitrary Rs. 10247 crore tax demand raised using a retrospective tax law. IT department says that Cairn Energy allegedly made a capital gain of Rs. 24503.50 crore in 2006 while transferring all its India assets to a new company, Cairn India, and getting it listed on the stock exchange.
  2. Asian Development Bank projected that India would grow at 7.8% in 2015-16 and 8.2% in 2016-17 overtaking China’s economy.China’s growth will slow down to 7.2% this year and % in 2016As in 2014, Asia region will continue to grow at an average of 6.3%, this year and next year.Lower oil prices will reduce inflation in developing asia to 2.6% from 3.1% last year.
  3. IRCTC in collaboration with Union Bank of India and National Payment Corporation of India has launched RuPay pre-paid cards for booking tickets, doing shooping and other online facilities.IRCTC- CMD– AK Manocha.UBI- CMD– Arun Tiwari said that the card holder will get free Rs. 1 lakh accidental insurance coverage.

National:

  1. World Tuberclosis Day was observed on March 24 with theme- Reach the 3 million: Reach, Treat, Cure Everyone– aimed at searching care for the 3 million who fail to be treated every year.
  2. Two year old Dolly Shinavi Cherukuri of Andhra Pradesh enters into the India Book of Records as the youngest archer. She scored 200 points over 5 and 7 meters distance.

Awards:

  1. Amitav Ghosh has been selected among 10 finalist for this year’s Man Booker International Prize. He missed the Booker Prize in 2008 when he was shortlisted for his work Sea of Poppies. This prize carries euro 60,000 amount.
  2. 62nd National Film Awards announced-
  3. Best Film– Court- Directed by Chaitanya Tamhane.
  4. Best Actress– Kangana Ranaut for film Queen, directed by Vijay Bhal.
  5. Best Director- Srijit Mukherji for film Chotushkone.
  6. Best Actor– Vijay (Kannad).
  7. Most award for one film– Haider.
  8. Best Popular film– Mary Kom.
  9. Best film on environmental conservation– Ottaal, a Malayalam movie.
  10. Novelist Akhil Sharma won the Euro 40,000 Folio Prize 2015 for his Novel Family Life. His first novel was An Obedient Father.

International:

  1. Nobel laurate Mohammad Yunus has been summoned by the National Board of Revenue, Bangladesh to settle a case involving nearly Tk 140 million in unpaid taxes.

Emerging Terms and News:

  1. Committee on Data and Information Management is headed by Deepak Mohanty.