Here’s your daily summary of Current Affairs – March 10-11, 2019
India goes to polls starting April 11, results on May 23
The biggest electoral exercise in the world — India’s general elections — will be held in seven phases across 543 parliamentary constituencies starting exactly a month from now on April 11 till May 19, the Election Commission (ECI) announced on 10th March. The results will be out on May 23.
India, Japan hold inaugural space dialogue in New Delhi
The inaugural India-Japan Space Dialogue was held in New Delhi yesterday. The dialogue brought together Ministries and agencies related to outer space in the two countries and provided an opportunity for information exchange on the respective space policies. Discussions were also held on bilateral cooperation between JAXA-ISRO, their space industries, global navigation satellite system, space situational awareness, space security, and space-related norms.
A 3-member mediation panel created by SC to settle Ram Mandir-Babri Masjid Case
For the amicable settlement of Ayodhya’s Ram Janmabhoomi-Babri Masjid land dispute case, the five-judge bench, headed by the Chief Justice of India (CJI) Ranjan Gogoi, constituted a three-member mediation panel headed by former Supreme Court (SC) judge Justice F. M. Kalifullah to resolve the issue. The other members of the panel include spiritual guru Sri Sri Ravi Shankar and Senior Advocate Sriram Panchu.
SBI links savings account, short-term loan interest rates to RBI repo rate
On 8th March 2019, the State Bank of India (SBI) became the first bank to link its interest rate on a savings account with a balance above Rs. 1 lakh and short-term loans to the repo rate of the Reserve Bank of India. This shall be effective from 1st May 2019.
Andhra Pradesh and Madhya Pradesh To Get NCLT Benches
The Government has approved the establishment of two new benches of National Company Law Tribunal (NCLT), one at Amaravati in Andhra Pradesh and the other at Indore in Madhya Pradesh. This step has been taken keeping in view the increasing caseload, especially under the Insolvency & Bankruptcy Code 2016.
Korea Exim Bank extends loan worth Rs. 4,100 crores for Vizag Metro
On 7th March 2019, the Export-Import Bank of Korea (KEXIM) proposed to provide a soft loan worth Rs.4,100 crore for the Visakhapatnam (Vizag) metro rail project. The matter was discussed in a meeting involving a delegation led by KEXIM Director (Operations) Yang Dong, Chief Secretary Anil Chandra Punetha, Amaravati Metro Rail Corporation Limited (AMRCL) Managing Director N.P. Ramakrishna Reddy and other officials at the Secretariat.
44 women awarded Nari Shakti Puraskar by President on International Women’s Day
President of India, Ram Nath Kovind presented the Nari Shakti Puraskar 2018, the highest civilian honor for women in India, at a special ceremony held in Rashtrapati Bhavan, New Delhi, on International Women’s Day on 8th March. To acknowledge women’s achievements, the Ministry of Women and Child Development confers Nari Shakti Puraskar on women and institutions in recognition of their relentless service towards the cause of women empowerment and social welfare.
One gold, four silver medals for India at Finland boxing tourney
Kavinder Singh Bisht in the 56kg-category struck gold while Shiva Thapa in the 60 kg category and three others claimed silver medals to end a fine Indian campaign at the 38th GeeBee Boxing Tournament in Helsinki, Finland on 10th March. Signing off with silver medals were three-time Asian medallist Shiva Thapa, Govind Sahani, Commonwealth Games bronze-medallist Mohammed Hussamuddin and Dinesh Dagar.
Chennai City crowned I-League champions
Chennai City has crowned champions of the 12th I-League in Coimbatore on 9th March. Chennai City came from behind and got the better of Minerva Punjab 3-1 on the final day of the league. Chasing the leaders, travelers East Bengal finished second after beating Gokulam Kerala FC 2-1 in Kozhikode.
Mohammad Shtayyeh named as Palestinian PM
Mohammad Shtayyeh has been named as Palestinian Prime Minister by President of Palestinian Authority Mahmoud Abbas. A member of the West Bank’s dominant Fatah party is a long time ally of Abbas. The announcement comes six weeks after Rami al-Hamdallah tendered his resignation from the post and of his unity government to President Mahmoud Abbas, underscoring the failure of Hamas and Fatah to implement a power-sharing deal.
116-year-old Japanese woman officially named the oldest person
A 116-year-old Japanese woman has been honoured as the world’s oldest living person by Guinness World Records. The global authority on records officially recognized Kane Tanaka in a ceremony at the nursing home where she lives in Fukuoka, in southwest Japan. Her family was present to celebrate. Born in January 1903, Tanaka loves playing the board game ‘Othello’ and enjoys studying mathematics. The previous oldest living person was another Japanese woman, Chiyo Miyako, who passed away last July, aged 117.