Daily Current Affairs - 29th Mar 2019
5 India shuttlers enter quarterfinals of India Open
- India's PV Sindhu, B Sai Praneeth, Parupalli Kashyap, HS Prannoy and Kidambi Srikanth advanced to the quarterfinals of the India Open tournament. However, Subhankar Dey lost to Wang Tzu-wei of Taiwan.
Adani becomes first Indian port operator to record 200 MMT cargo movement
- Adani Ports has recorded cargo movement of more than 200 million metric tonnes (MMT) at nine ports along the east and west coasts, becoming the first Indian port operator to achieve the milestone.
- Adani Ports embarked its journey in 2001 and has become one of the largest port operators in the world. It took 12 years to reach the 50 MMT mark followed by another three years to cross the 100 MMT mark in 2013-14, and then just five years to exceed the 200 MMT mark.
Amartya Sen awarded with Oxford University's Bodley award
- Nobel Prize-winning economist Amartya Sen was awarded with the prestigious Bodley Medal, the highest honour granted by the University of Oxford's world-famous Bodleian Libraries. The other winner of the Bodley Medal this year is Nobel Prize-winning novelist Kazuo Ishiguro.
- The Bodley Medal is an award given by the Bodleian Library at Oxford University to individuals who have made outstanding contributions to the world of communications and literature and who have helped the library achieve the vision of its founder, Sir Thomas Bodley.
Delhi Government School Teacher Manu Gulati Conferred With Martha Farrell Award 2019
- Mann Gulati, a Delhi government school teacher, has been conferred the Martha Farrell award 2019 for promoting gender quality and women’s empowerment. Gulati has been instrumental in helping young girls in receiving formal school education.
- She has also been working with boys and girls at government schools in sensitizing them about gender neutrality.
- The Martha Farrell Awards began in 2017. Instituted in the memory of Dr Martha Farrell, a prominent activist for gender equality and women’s empowerment.
Germany adds six months to Saudi arms export ban
- Germany has extended by six months an embargo on weapons exports to Saudi Arabia, instituted last October. Now the ban has been extended from March 31 to September 30, 2019.
- Germany has reacted to Khashoggi's murder at the Saudi consulate in Istanbul last October by declaring a freeze on weapons sales to Saudi Arabia and other countries involved in the Yemen war.
- At least 10,000 people are estimated to have been killed in the Yemen war since March 2015.
- President: Frank-Walter Steinmeier
- Chancellor: Angela Merkel
- Capital: Berlin
- Currency: Euro
Govt decides to infuse around Rs 5000 Cr into Bank Of Baroda
- The Union government has decided to infuse around five thousand crore rupees into state-owned Bank of Baroda ahead of merger of two other public sector lenders Dena Bank and Vijaya Bank with Bank of Baroda. The merger of Dena Bank and Vijaya Bank with Bank of Baroda would be effective from 1st April.
- The government in September last year had announced merger of Vijaya Bank and Dena Bank with Bank of Baroda, aiming to create the third-largest lender after SBI and ICICI Bank.
GST Authority clarifies on change/transfer in ownership of sole proprietorship
- The Goods and Services Tax, GST Authority has clarified that transfer or change in the ownership of business will include transfer or change in the ownership of business due to death of the sole proprietor.
- In a circular, the Central Board of Indirect Taxes and Customs, CBIC said, that the transferee or the successor will be liable to be registered with effect from the date of such transfer or succession, where a business is transferred to another person for any reasons, including death of the proprietor.
- The applicant will be required to mention the reason to obtain registration as death of the proprietor, in the registration form.
India disappointed at Pak's response to dossier on Pulwama attack
- India has shown its disappointment at Pakistan’s response to its detailed dossier on the Jaish-e-Mohammed’s complicity in the cross-border terror attack in Pulwama, the presence of its terror camps and leadership in Pakistan.
- The Indian External Affairs Ministry stated that Pakistan continues to be in denial and even refuses to acknowledge Pulwama as a terror attack.
- Pakistan has so far not shared details of credible action, if any, taken by it against terrorists or terrorist organizations based in territories under its control.
India Inc. to witness slump in Q4 revenue growth, says Crisil
- According to Crisil Research, India Inc’s. revenue growth is likely to halve in the fourth quarter due to slump in commodity prices but fall in input costs will shore up profitability of end-user industries.
- The report pegged the year-on-year corporate revenue growth for the current quarter at 8-9%, down sharply from the average of 16.5% in the previous three quarters. The plunge would be led by key commodities such as steel products, aluminium, natural gas and petrochemicals.
Israel unveils world’s longest salt cave
- Cave explorers in Israel have unveiled the world's longest salt cave. Stretching for nearly 10 kilometers under Mount Sodom, the salt cave eclipses the previous world record holder in Iran.
- The 10-km long warren of underground passages and chambers in Mount Sodom, overlooking the Dead Sea, was mapped out over two years by cavers from nine countries.
- President: Reuven Rivlin
- Prime Minister: Benjamin Netanyahu
- Capital: Jerusalem
- Currency: Israeli new shekel
Justice (Retd.) DK Jain will be BCCI's ad-hoc Ethics Officer: COA
- The Committee of Administrators, COA running Indian cricket has said that the newly appointed ombudsman by the BCCI, Justice (Retd.) DK Jain will also be its ad-hoc Ethics Officer. The three-member COA requested Justice Jain earlier this month to take over as Ethics Officer on an ad-hoc basis till a permanent appointment takes place.
Maldives court orders release of former president Yameen
- Maldives high court ordered the release of former President Abdulla Yameen from detention, days before parliamentary elections scheduled for 6th of next month. Mr Yameen was put under arrest by a ruling of Criminal Court last month in a case involving money laundering allegations and witness tampering.
- Mr Yameen lost the Presidential elections last year to Ibrahim Mohamed Solih, who has promised to be tough on corruption. Mr Yameen's party is the main opposition contesting the upcoming parliamentary elections.
- President: Ibrahim Mohamed Solih
- Capital: Male
- Currency: Maldivian rufiyaa
Pioneering Russian cosmonaut Valery Bykovsky dies at age 84
- Soviet-era Pioneering cosmonaut Valery Bykovsky, who made the first of his three flights to space in 1963, has died at age 84. Bykovsky was one of 20 Soviet military pilots in the first group picked to prepare for space. He first flew to space in June 1963 as a member of the Vostok-5 crew.
- Bykovsky made his second space flight in 1976 and his third in 1978. He spent nearly 21 days in orbit in all.
Turing Award Won by 3 Pioneers in Artificial Intelligence
- The 2018 Turing Award, known as the “Nobel Prize of computing,” has been given to a trio of researchers who laid the foundations for the current boom in artificial intelligence.
- Yoshua Bengio, Geoffrey Hinton, and Yann LeCun (sometimes called the ‘godfathers of AI’)have been recognized with the $1 million annual prize for their work developing the AI subfield of deep learning. The techniques the trio developed in the 1990s and 2000s enabled huge breakthroughs in tasks like computer vision and speech recognition.
- Their work underpins the current proliferation of AI technologies, from self-driving cars to automated medical diagnoses.
UN council passes resolution to combat terrorist financing
- The UN Security Council has unanimously passed the first-ever resolution ordering members to enforce laws against terror financing. The UNSC resolution demands all states to ensure that their domestic laws and regulations establish serious criminal offenses to collect funds or financial resources to terrorist groups or individual criminals.
- It also calls on members to create financial intelligence units and also warned that Nations who fail to carry out the resolution would face U.N. sanctions.
Venezuela's Juan Guaido barred from public office for 15 years
- Venezuela has barred opposition leader Juan Guaido from holding public office for 15 years. The announcement by state comptroller cited alleged irregularities in Guaido’s financial records and reflected a tightening of government pressure on an opposition movement backed by the United States and its allies.
- President: Nicolas Maduro
- Capital: Caracas
- Currency: Venezuelan bolívar