Current Affair - 28/March/2019

CWC land to be acquired by Telangana govt –

·       The Union Cabinet approved the acquiring of 372 sq. yards out of 10 acres of land including the compound wall in the eastern side of Central Water Commission land by the Telangana Government.

·       This would be done for improvement for Radial road no. 30 by widening of road with nil charges.

·       A center of excellence is proposed to be constructed over the allotted land.

Vijay Gokhale on 2-day visit to Nepal –

·       Foreign Secretary Vijay Gokhale is on a two-day visit to Nepal, beginning 28 March 2019.

·       He will have a bilateral meeting with his Nepalese counterpart Shankar Das Bairagi.

·       They are expected to access progress of various projects including Motihari-Amlekhgunj oil pipeline, Railway, and Arun III Hydropower project.

US circulated draft resolution –

·       The US circulated a draft resolution to UN Secretary Council to blacklist Masood Azhar, Chief of Pakistan based terrorist group Jais-E-Mohammed.

·       The draft resolution condemns the Pulwama attack and says that Azhar will be added to the UN-Al-Qaeda and Islamic State sanctions blacklist.

·       The resolution is backed by France and Britain which joined the US in pushing for sanctions against Azhar.

India Africa signed MoU –

·       An agreement was signed between India and the African Union to established an India-Africa health sciences and collaborative platform.

·       It will pave the way of cooperation in research and development, pharmaceutical, trade and manufacturing capabilities for drugs and diagnostics.

Breakdancing to be added to Olympic 2024 –

·       The Executive Board of the International Olympic Committee (IOC) recommended adding breakdancing, skateboarding, sport climbing and surfing to the 2024 Paris Olympics.

·       The addition of these 4 sports to the Paris medal programme offers the opportunity to connect to the young generation.

·       All 4 sports will be assessed in terms of how they are managed, the integrity of competitions and judging.

Savita to lead Indian Women’s Hockey team –

·       Goalkeeper Savita will captain on 18-strong Indian Women’s Hockey team for the five-match series against Malaysia starting for 4 April 2019.

·       She will stand in for regular skipper Rani Rampal, who is nursing an injury.

·       The 8-day tour of Kuala Lumpur will have defender Deep Grace Ekka as Savita’s deputy.

·       Rajani Etimarpu has joined the squad as the second goalkeeper.

Vedanta reported oil discovery –

·       Cairn Oil and Gas, a subsidiary of Anil Agarwal-led Vedanta Ltd, announced an oil discovery in its Krishna Godavri basin block in the Bay of Bengal on 27 March 2019.

·       Cairn India had won the KG-OSN-2009/3 block in June 2010 during the edition of the New Exploration License Policy (NELP).

·       The first exploration well A3-2 drilled in the block was a gas discovery.

Shares can be transferred in only demat –

·       Transfer of shares of listed companies would can be done only in the demat form from 1 April, 2019, as said by SEBI on 27 March 2019.

·       Shares in the Demat form would help in maintaining a transparent record of shareholding at companies amid rising concerns over beneficial ownership of entities.

·       The moves does not prohibit an investor from holding the shares in physical form even after April 1.

NTPC raised $ 450 million –

·       NTPC launched a medium term-notes (MTN or bond) issues to raise $450 million as a part of its $6 billion (approx Rs.41,000 crore) MTN programme.

·       The MTNs are also known as bonds in the oversea markets. The issue would close on 3 April 2019.

·       The funds raise through the issue will be used for capital expenditure by the company.

Kenichi Ayukawa: CEO Maruti Suzuki –

·       Maruti Suzuki India Ltd appointed Kenichi Ayukawa as its MD and CEO for the third straight term.

·       Certain aspects of MoU between its parent company Suzuki Motor Corp. and Toyota Motor Corp, was also approved.

·       Ayukawa took charge of Maruti Suzuki in 2013, when it was reeling with labour related crisis and loss of volumes due to the increase in diesel vehicle sales across the country.

New Delhi: India’s best Airport –

·       Singapore’s Changi Airport has been crowned the world’s best aviation hub for the seventh time in row.

·       New Delhi’s Indira Gandhi International (IGI) Airport feature at no.59, according to Skytrax World Airport Awards.

·       The list was compiled by the UK-based Skytrax, as consultancy firm which runs an airline and airport review and ranking site, featuring 100 airports.

India, US linked pact –

·       India and the US signed an agreement for exchange of country-by-country (CBC) report, a move that is expected to give huge relief to subsidiaries of US-headquarters companies in taxation-related matter.

·       The agreement was signed by PC Mody, Chairman, Central Board of Direct Taxes (CBDT), and Keeneth I Juster, US Ambassador to India.

AUSINDEX to be held from April 2 to 16^th –

·       Third Installment of the Joint Naval Exercise of Indai’s and Australia’s AUSINDEX to be held off the coast of Visakhapatnam from April 2 to 16, 2019.

·       The exercise will focus on anti-submarine warfare, as part of efforts to ramp up bilateral naval cooperation in the strategic Indian Ocean region.

·       The exercise will feature the deployment of Australian personnel on Indian ships and vice versa.

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