Current Affair - 7/April/2019

A village with carbon-positive tag –

·       Phayeng in Manipur has become India’s first carbon-positive settlement.

·       A village is given the carbon-positive tag if it sequesters more carbon than it emits, slowing the accumulation of greenhouse gases and mitigating the effects f climate change.

·       As part of the carbon-positive village project, Phayeng will receive a grant of Rs.10 crore in phases to facilitate afforestation.

BSE, India INX sign MoU with Moscow Exchange –

·       A Memorandum of Understanding was signed between the Moscow Exchange and India’s BSE (Bombay Stock Exchange) and the India Exchange Limited.

·       The ultimate objective of the MoU is of connecting the investors’ communities and companies in both countries and allowing a capital formation platform on a larger scale.

·       The MoU was signed in Moscow on 3 April, 2019.

7^th Foreign Office consultations held –

·       The 7^th Foreign Office consultations between India and Italy were held in New Delhi on 4 April 2019.

·       The Indian side was led by Secretary (West), Ministry of External Affairs, A. Gitesh Sharma.

·       They also exchanged views on regional and multilateral issues, including cooperation in the United States and other international organizations.

WhatsApp launches tip line features –

·       WhatsApp launched an India-focused fact-checking feature called tip line feature on 2 April, 2019.

·       It was developed to combat fake news and rumors starting with the run-up the Lok Sabha elections.

·       The tip line feature will develop create a database of rumors to study misinformation during elections.

·       It has been developed in collaboration with India-based media skilling startup PROTO.

Roadies, NIF to invest $2 billion –

·       Roadies, a private investor and operator of  transport infrastructure worldwide and the National Investment and Infrastructure Fund (NIIF) have jointly set up a platform to invest in road projects in India.

·       The platform would invest up to $2 billion of  equity targeting toll-operate-transfer models, acquisitions of existing road concessions and investment opportunities in the road sector.

India’s first A.I enabled –

·       Revolt Intellicorp will manufacture India’s first AI-enabled electric motorcycle in June 2019.

·       Revolt Intellicorp has been founded by Micromax’s co-founder Rahul Sharma.

·       The headquarters of the company is at Gurugram.

·       The manufacturing facility if the company is located in Manesar.

Mayoori is now Google India industry head –

·       Mayoori Kagno was appointed as head of Google’s industry-Agency Partnership.

·       She will be leading Google’s engagement with Publicis and DAN.

·       Before joining Google India, Mayoori has worked as Managing Director in Performics which is part of Publicis Groupe.

·       She is the former Bollywood Actress who has worked in films like Naseem.

US to designated IRG as terrorist organization –

·       The US will designated Iran’s Revolutionary Guards (IRG) as a terrorist organization.

·       The Islamic Revolutionary Guards Corps (IRGC) was formed after the clerical regime.

·       IRGC is in charge of Iran’s ballistic missiles and nuclear programmes.

·       The IRGC has an estimated 125,000-strong military with army, navy and air units.

CCMB scientists make major breakthrough –

·       Researchers at the Center for Cellular and Molecular Biology (CCMB) proclaimed new discovery on new antimicrobial approaches.

·       They are studying the cell growth in bacteria and have discovered a new enzyme ‘Murein EndopeptidiaseK’ which would cut the bacteria cell wall.

·       The researchers had identified a new enzyme which would act on the protein of cell wall in Escherichia coli (E. coli).

RBI sets WMA Limit for Government –

·       The Reserve Bank of India has decided that the limits for Ways and Means Advances (WMA) for the first half of the financial year 2019-20 will be Rs.75,000 crore.

·       The interest rate of WMA will be Repo-Rate and overdraft will b 2% above the Repo-Rate.

·       RBI may trigger fresh flotation of market loans when the Government of India utilizes 75% of the WMA limit.

I Hope you like this, so don’t forget to Share and Comment on it–

If you want any additional information on my blogs then you are free to ask about that in comment section below -

 

<Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statue that might otherwise in infringing. Non-profit, educational or personal use tips the balance in favor of fair use.>