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Allahabad Bank cuts lending rates
Allahabad Bank has reduced the base rate and benchmark prime lending rate (BPLR) by 45 basis points each.The Bank has slashed base rate to 9.15% from 9.60%. BPLR has been brought down to 13.40% from 13.85%. The reduction in the rates will lower EMIs for its borrowers. Allahabad Bank is a nationalised bank with its headquarters in Kolkata, India.
First city to roll-out Euro VI fuel
With an aim to combat the rising levels of air pollution in Delhi-NCR region, petrol pumps in the capital have started supplying ultra-clean Bharat Stage VI grade fuel.This move makes New Delhi the first city in the country to switch from BS-IV grade fuels to BS-VI. The major difference in standards between the existing BS-IV and the new BS-VI auto fuel norms is the presence of sulphur.
India loses contact with GSAT-6A satellite
ISRO has lost contact with the GSAT-6A, India’s most powerful communication satellite, in less than 48 hours after it was launched.The GSAT-6A, the 2nd in the series of GSAT-6 satellites to provide high speed broadband on mobile phones was designed for a life of 10 years. This is the second mission failure for Isro in six months, with the previous one being the PSLV-C39.
Trekking trail for differently-abled, elderly
Nepal has launched its first “accessible” trekking trail in Pokhara city for the differently-abled and the elderly.The trail was inaugurated as a part of 3 day international conference on Accessible Tourism’ held for the first time in the Himalayan nation. ’Accessible tourism’ is an emerging concept to ensure that tourist destinations, products and services are accessible to all people.
Veteran director CV Rajendran passed away
Veteran director CV Rajendran passed away in Chennai after a prolonged illness.Rajendran had worked with some of the big names in the industry that included Sivaji Ganesan, Rajinikanth and Kamal Haasan. He has also made films in other languages like Dulhan (Hindi), Thrimurthy (Kannada), and Chiranjeevi (Telugu). He brought together Sivaji Ganesan and Jayalalithaa and introduced Prabhu.
China’s Tiangong-1 space lab set to hit Earth
China’s Tiangong-1 or Heavenly Palace space station is set to re-enter Earth’s atmosphere b/w March 31 & April 1.Scientists have underlined that the danger of Tiangong-1 being hit by falling debris is tiny, as the structure is likely to burn up in the atmosphere during its re-entry In 2011, China launched Tiangong-1 as a prototype for Beijing’s goal of establishing a permanent space station
S Korea, US began joint military drills
South Korea &US have kicked off their annual joint military exercises after they were delayed about a month for Olympics.Foal Eagle field exercise, which involves combined ground, air, naval & special operation troops, will continue for a month while the computer-simulated Key Resolve is scheduled for 2 weeks. The two drills would involve 23,700 US troops & 300,000 South Korean forces.
India, Pak to resolve harassment of diplomats
Ind & Pak have agreed to resolve the matter in line with provisions of a 1992 pact on treatment of officials posted at diplomatic missions.Code states that 2 sides will not resort to intrusive & aggressive surveillance & actions such as verbal & physical harassment Both sides have accused each other of harassing & ill-treating diplomats, taking bilateral ties to a fresh low.
World’s second largest mobile phone producer
As per the information shared by Indian Cellular Association, India is now the second largest mobile phone producer in the world after China.Annual production of mobile phones in India increased from 3 million units in 2014 to 11 million units in 2017. India replaced Vietnam to become the second largest producer of mobile phones in 2017.
Pathan joins J&K in player-cum-mentor role
Jammu & Kashmir Cricket Association has appointed former India all-rounder Irfan Pathan as the coach-cum-mentor of its senior state side for 2018-19 season.He will be the coach-cum-mentor of J&K team for a period of 1 year. Pathan played 29 Tests, 120 ODIs & 24 T20 for India b/w 2003 & 2012. He will also be holding coaching clinics in various parts of J&K for the development of the game.
MoS VK Singh to leave for Iraq
Minister of State for External Affairs VK Singh will leave for Iraq to bring back mortal remains of the 39 Indians killed by Islamic State terrorists in the war-torn country.As many as 40 Indians were abducted by terror group from Mosul in Iraq in June 2014, but one of them escaped posing as a Muslim from Bangladesh. The remaining 39 Indians were taken to Badoosh and killed.
E-way bill system comes into force
The Uniform System of e-way Bill for inter-State movement of goods has come into force from April 1, 2018.Under the new system, every transporter will have to carry a system-generated bill to move goods from one place to another. The e-way bill will be mandatory for inter-state transportation of goods with a value of 50 thousand rupees and above.
Sloane Stephens won Miami Open
US Open champion Sloane Stephens defeated Latvian Jelena Ostapenko 7-6 (7-5) 6-1 to win her first Miami Open title.Sloane Stephens has now won 6 WTA titles & has never lost in a final.This win will move Stephens into world top 10 for the 1st time.Stephens had beaten 3 former Grand Slam champs – Garbine Muguruza, Angelique Kerber, and Victoria Azarenka to make the final.
New head of BCCI’s Anti-Corruption Unit
BCCI has appointed former Rajasthan Director General of Police Ajit Singh as the head of its Anti-Corruption Unit.He will replace former Delhi Police Commissioner Neeraj Kumar. He will take charge of the office ahead of IPL and will be based out of BCCI headquarters in Mumbai. He has served Indian Police Service for 36 years & has headed the anti-corruption bureau of Rajasthan for 4 years.
Yogi inaugurated India’s longest elevated road
Uttar Pradesh Chief Minister Yogi Adityanath inaugurated a 10.3 km long Hindon Elevated Road, touted to be the longest elevated road in the country.It will be connecting Raj Nagar Extension in Ghaziabad to UP Gate, shortening an hour-long journey to just 18 minutes. The entire stretch of the Hindon Elevated Road is built on 228 single-pier pillars.
Mithali Raj adjudged Sportsperson of the Year
Indian women’s cricket team captain Mithali Raj was adjudged ‘Sportsperson of the Year’ at the Telangana Sports Journalists Association annual awards for 2017.She is the highest run-scorer in women’s international cricket and the only female cricketer to surpass the 6,000 run mark in ODIs.In December 2017, she was named as one of the players in the ICC Women’s ODI Team of the Year.
Russia test fired new ICBM ‘Sarmat’
The Russian military has successfully tested its latest intercontinental ballistic missile ‘SARMAT’.The RS-28 Sarmat can cross South Pole as well as the North Pole, the shortest route between Russia and US and can strike targets anywhere in the world.Sarmat is intended to replace the Soviet-designed Voyevoda, the world’s heaviest ICBM known as “Satan” in the West.
First bank to roll out AI-run voicebot
Kotak Mahindra Bank has launched the country’s first artificial intelligence-powered voice-bot ‘Keya’ in the banking sector.Keya uses automatic speech recognition, natural language understanding and text-to-speech technology. The voice-bot uses natural language understanding to navigate the customer directly to the destination where he can get his issue resolved.
Kerala to host Asia’s largest startup conclave
Asia’s largest startup ecosystem congregation, ‘Huddle Kerala’, will be held at Kovalam on April 6 & 7.The initiative is envisaged to provide a platform for start-ups to pitch their products & interact with a wide array of technology & industry leaders from around the world. It will primarily focus on emerging sectors like blockchain, cryptocurrency, IoT, VR among other latest technologies
MP to raise retirement age for govt employees
Madhya Pradesh CM Shivraj Singh has announced raising the retirement age of state govt employees to 62 years from current 60 years.The CM cited promotion of general category employees as a reason to raise the age limit of these employees. There are about five lakh regular government employees in the state. The state already has bigger retirement age limit in case of teachers and doctors.

States allowed to set up crop insurance firms
The Centre has allowed states to set up their own insurance companies for implementing Pradhan Mantri Fasal Bima Yojana (PMFBY).Launched in April 2016, PMFBY provides comprehensive crop insurance from pre-sowing to post-harvest against non-preventable natural risks. Presently, five public sector insurers and 13 private insurance companies are empanelled for implementation of the scheme.
SEBI doubles investment limit of angel funds
Securities and Exchange Board of India (SEBI) decided to double the investment limit by angel funds in venture capital undertakings to ₹10 crore.The SEBI board has approved amendments to Alternative Investment Funds (AIF) regulations with respect to ‘Angel Funds.’ The regulator would raise the maximum period of accepting funds from an angel investor to five years, from three years.
Ex-Manipur CM R K Dorendra Singh passed away
Former Manipur Chief Minister R K Dorendra Singh passed away in Imphal.Dorendra Singh had been Chief Minister of the state four times between 1974 to 1993. Before becoming the Chief Minister, he was the Speaker of Manipur Assembly.
SIDBI Celebrates it’s Foundation day
SIDBI celebrated its foundation day as the day of Sampark (connect), Samwad (interaction), Suraksha (security) and Sampreshan (disseminate) on 2nd April.On this occasion, SIDBI launched a series of initiatives. SIDBI launched ‘Samridhhi-the virtual assistant’ on banks revamped universal loan portal ‘www.udyamimitra.in’. It will answer standard queries of aspirants 24*7.
NASA test launches Mars landing parachute
A supersonic parachute that will help NASA missions to land on Mars, was successfully launched into the sky.The Advanced Supersonic Parachute Inflation Research Experiment (ASPIRE) was launched on March 31 from NASA’s Wallops Flight Facility in the US. The test was meant to mimic the conditions that a spacecraft would experience during a red planet entry, descent and landing.
Manipur’s Senapati district got ODF tag
Senapati district of Manipur has been declared as the first Open Defecation Free (ODF) district of the state.Manipur has become the third state in the North East, after Sikkim and Arunachal Pradesh, to get the ODF tag. Till 27th March, Manipur was among the only three states not to have a single ODF district, the other two being Bihar and Goa.
RBI changes methodology for bond valuation
To prevent the possibility of manipulation in the prices of securities, especially government securities, the RBI has changed the methodology used by debt market players for their valuation.Security/bond valuation will be based on the weighted average price of the last half-an-hour of trading. The methodology as to how the bonds are valued is crucial for mark-to-market purposes.
NMHEP project’s foundation stone laid
Minister of State (IC) for Power and New & Renewable Energy, Government of India, laid the foundation stone of the 60 MW Naitwar Mori Hydro Electric Project (NMHEP) in Uttarkashi.NMHEP is located on the river Tons – a tributary of the Yamuna, in Uttarkashi district of Uttarakhand. The project was allocated to SJVN Ltd by the Government of Uttarakhand.
India is the world’s No 1 almond importer
India has now become the largest importer of almonds in the world.India, the second largest almond importer in the world in 2017, has already imported 154 million pounds till February this crop year (August 2017 to July 2018), overtaking Spain and China. Spain was the biggest almond importer in 2016-17 with 210 million pounds, while China had 150 million pound import.
Hyderabad tops in Global City Momentum Index
Hyderabad has been ranked the top city in the short-term Momentum Ranking of JLL’s annual ‘Global City Momentum Index’.The report identifies urban economies and real estate markets which are currently undergoing the most rapid growth. The report ranked Bengaluru, Pune, Kolkata and Delhi in top 10 cities.
Carlos Alvarado to be next Costa Rica Prez
Carlos Alvarado, Costa Rica’s centre-left presidential candidate, is set to be the country’s next leader after elections on 1st April.Costa Rica’s electoral council made the announcement based on ballots from 91% of polling stations. Carlos Alvarado, 38, is a former labour minister, ex-journalist, novelist and sometime rock singer.
India-Kyrgyzstan military exercise concludes
The 5th Indo-Kyrgyzstan joint training exercise ‘Khanjar V’ culminated on March 29 with a ‘Joint Tactical Validation Exercise’ in Mizoram.Kyrgyzstan in the exercise is represented by the military contingent of the military unit of the Armed Forces of the Kyrgyz Republic. The exercise which started on March 16, included understanding tactics of platoon level, developing interoperability.
John Isner won Miami Open title
In Tennis, John Isner has lifted the Men’s Singles trophy of the Miami Open.John Isner defeated German’s Alexander Zverev. Following the win, 32-year old Isner, the world number 17, will now move back into the top 10 next week.
China’s Tiangong-1 space station burns up
China’s Tiangong-1 space station re-entered the Earth’s atmosphere and burnt up over the middle of the South Pacific.The craft re-entered the atmosphere and the “vast majority” of it had burnt up upon re-entry.Tiangong-1 was launched in 2011 to carry out docking and orbit experiments as part of China’s ambitious space programme, which aims to place a permanent station in orbit by 2023.
‘Rupashree’ scheme launched in West Bengal
The West Bengal government has rolled out Chief Minister Mamata Banerjee’s dream project ‘Rupashree’ which provides one-time financial support to the marriages of poor women.‘Rupashree’ scheme follows the chief minister’s ambitious ‘Kanyashree’ project which has drawn global applause. Under the scheme, an amount of Rs 25,000 will be credited to her bank account before her marriage.
Bahrain discovers largest oilfield
Bahrain had discovered the country’s largest oilfield in decades, located off the west coast of the kingdom.The new light shale oil and gas resources are expected to contain many times the amount of oil produced by Bahrain’s only existing oilfield, as well as large amounts of gas. Bahrain relies on the Abu Safa oilfield for the majority of its oil and shares the field with Saudi Arabia.
First International Justice Conference
Union Minister of State for Corporate Affairs and Law and Justice embarked on a visit to Marrakech, Morrocco, for the first International Justice Conference.The conference is being organised by Morrocco in celebration of the judicial reforms undertaken by it in 2017. India is expected to sign MoUs with China, Russia, Qatar and Turkey in connection with judicial reforms.
Manipur-based black pottery gains prominence
The Manipur-based indigenous “Longpi Hampai pottery” has started gaining prominence in the international markets owing to its intricate designs and technology used to produce them.The ancient art has originated from two Longpi villages in Manipur namely Longpi Khullen and Longpi Kajui near Ukhrul district.It is practised by Tangkhul community residing in the hill district of Manipur.
Kerala won Santosh trophy
Kerala won its sixth Santosh Trophy title in Kolkata on 1st April.Kerala had beaten Bengal in the tie-breaker to claim its sixth Santosh Trophy title. The Santosh Trophy is an association football knock-out competition contested by the regional state associations and government institutions under the All India Football Federation.
Autism Awareness Day observed on April 2
World Autism Awareness Day is an internationally recognized day on 2 April every year. It is designated by United Nations to raise awareness about people with autism throughout the world.The 2018 World Autism Awareness Day observance will focus on the importance of ’empowering women and girls with autism’. Autism is a lifelong neurological condition that manifests during early childhood.

RBI lets banks spread bond losses
The Reserve Bank of India allowed banks to spread out the provisioning to cover losses on their government bond portfolio across four quarters.This dispensation to spread the so-called mark-to-market provisioning is available for the quarters ending December 2017 and March 2018. Banks using such option will have to make the disclosure in their notes to accounts of the quarterly results.
Bloomberg Billionaires Index released
Mukesh Ambani is Asia’s third-richest man and is ranked 19 in the Bloomberg Billionaires Index.Apart from Ambani, there are 23 Indians in the Bloomberg Billionaires Index top 500 lists. Amazon’s Jeff Bezos and Bill Gates still hold on to the top two spots.
Ola acquires transportation app Ridlr
Cab aggregator Ola announced the acquisition of end-to-end public transport ticketing and commuting app, Ridlr.Ridlr enables users to search and book public transport options on their mobile phones. Combining Ridlr’s innovations in mass transit with Ola’s mobility products will enable true multi-modal mobility solutions for users.
Arbitrage rate index launched by BSE
Asia Index, a joint venture between S&P Dow Jones Indices and Bombay Stock Exchange (BSE), has launched arbitrage rate index.It will provide market participants with a transparent benchmark to compare the performance of similar arbitrage strategies. The index will be rebalanced every month, effective after the close of business a day prior to the expiration of the futures contract.
Microsoft enabled Digital Payments Support
Microsoft enabled digital payments services on its enterprise social network app “Kaizala” in India.Microsoft has integrated payment services of YES BANK and MobiKwik.Payment integration with Microsoft Kaizala will enable users to quickly send or receive money without having to leave the Kaizala application.
India-Korea Coast Guards to hold exercise
The Indian Coast Guard and the Korea Coast Guard will hold a joint exercise off Chennai on April 5.The joint exercise, named Sahyog – Hyeoblyeog 2018 is part of a proposed establishment of a MoU between the two Coast Guards to improve maritime security in the Indian Ocean Region. The exercise will see Indian Coast Guard ship Shaurya, and a few interceptor boats taking part in it.
Arun jaitley re-appointed as leader of RS
Finance Minister Arun Jaitley was once again appointed as the Leader of the Rajya Sabha (RS) following his re-election to the House.In June 2014, Mr Jaitley was appointed the leader of the House in Rajya Sabha. Prime Minister Narendra Modi is the Leader of the House in Lok Sabha. The Leader of the House is a Rajya Sabha member who is either a cabinet minister or another nominated minister.
Direct tax collections grow 17% in 2017-18
Direct tax collections in 2017-18 at Rs 9.95 lakh crore, exceeded the revised budgetary target of Rs 9.8 lakh crore.Also, 6.84 crore income tax returns filed in the year against 5.43 crore in the previous year signalling a rise of 26%. The collections from corporate tax went up 17.1% while that from personal income tax rose 18.9%. A net of 99.5 lakh new assessees were added to the tax net.
Manufacturing PMI at five-month low in March
Manufacturing activity remained in the positive for the eighth consecutive month in March but fell to a five-month low.The Nikkei India Manufacturing Purchasing Managers’ Index (PMI) fell from 52.1 in February to a five-month low of 51.0 in March. A reading above 50 on the index shows growth, while one less than that denotes contraction.
Natgeo award for physical therapy app
Dr. Asha, a neurophysical therapist from Andhra Pradesh has won the ‘National Geographic Chasing Genius Challenge’ in the U.S. for designing Therax, a web/mobile application.‘Therax’ helps patients with home exercise programmes in their native language. The NatGeo challenge is part of a marketing strategy to popularise a television series.
Protem Chairman of LKA appointed
On the recommendation of the Minister of Culture, the President has appointed M L Srivastava, Joint Secretary (Akademies), Ministry of Culture as Protem Chairman of the Lalit Kala Akademi (LKA).He will continue to hold the office till a regular chairman is appointed. He will replace CS Krishna Setty whose term has come to an end.
Axis Bank removed from bullion importers list
The Reserve Bank of India dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.Bank of Baroda, HDFC Bank and Bank of Nova Scotia were among the 16 banks allowed to import bullion. Two other small banks Karur Vyasa and South Indian Bank were also dropped from the RBI list.
Core sector growth up 5.3% in Feb
Eight infrastructure sectors grew by 5.3% in February, mainly helped by a robust performance of refinery products, fertiliser and cement segments.The eight infrastructure sectors, coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by just 0.6% in February last year. The core sectors expanded by 6.1% in January.
Subscribers under APY surpasses 97 lakh
The government revealed that at the end of Financial Year 2017-18, 97.05 lakh subscribers have enrolled under the Atal Pension Yojana (APY) scheme.The Pension Fund Regulatory and Development Authority has taken various initiatives for the expansion and ease of operations under the APY. Under the scheme, a subscriber would receive a minimum guaranteed pension of Rs.1000 to Rs.5000 per month.
New plant species found in Western Ghats
Researchers have discovered a new plant species from the Western Ghats biodiversity hotspot.Classified as a sedge, the grass-like plant has been named ‘Fimbristylis agasthyamalaensis’ after the locality from which it was found. The new species belongs to the Cyperaceae family. In India, the genus is represented by 122 species, of which 87 are reported from the Western Ghats.
Google celebrates birthday of Kamaladevi
On 3rd April, Google celebrated the 115th birth anniversary of the multi-faceted freedom fighter, activist and promoter of the arts, Kamaladevi Chattopadhyay, with a doodle.She was an active participant in the freedom movement, championed women’s rights & founded the All-India Womens Conference. She also worked for the development of the performing arts in India.
India & JICA signed a ₹500-cr loan agreement
Japan International Cooperation Agency (JICA) will provide a concessional loan of ₹500 crore for smarter mobility project in Chennai to develop Intelligent Transport Systems (ITS).ITS will make traffic management system more efficient to ease the city’s congestion.The project will optimise the way traffic lights work and reduce long vehicle queues at city’s main intersections.
Mizoram govt signs peace pact with HPC-D
A landmark peace accord was signed between Mizoram Government and Manipur-based Hmar People’s Convention (Democratic) in Aizawl.The peace pact aims to end nearly three decades of insurgency in Hmar inhabited areas of Mizoram. The peace pact agreed for setting up of Sinlung Hills Council consisting of 14 members to accelerate speedy development in north and northeastern parts of Mizoram.
Debjani Ghosh is the new Nasscom President
Debjani Ghosh, former managing director of Intel South Asia, is the new president of Nasscom.She replaced R.Chandrashekhar whose term has completed. Ms.Ghosh was the first woman to lead Intel India and Manufacturers’ Association for Information Technology. NASSCOM is a trade association of Indian Information Technology and Business Process Outsourcing industry.
Mangaluru airport adjudged India’s cleanest
The Mangalore International Airport has been adjudged the cleanest airport in the country.In the survey conducted across 53 airports in the country by AAI, Mangaluru airport was adjudged the cleanest.A team of officials from AAI had inspected the airport terminal, parking area, toilets, commercial stalls, the road leading to the airport and customer lounge.

International Mines Awareness Day-4th April
International Day for Mines Awareness is observed to spread the awareness about the threat caused by landmines to the safety, health and lives of civilian populations.The theme for 2018 is “Advancing Protection, Peace and Development”. On 8 December 2005, the UN declared that 4 April of each year shall be observed as the International Day for Mine Awareness and Assistance in Mine Action.
Trial run of India-Bangladesh container train
The trial run of the first container train to run between Kolkata and Dhaka was flagged off on 3rd April.While passenger and goods trains run between the two countries, it is for the first time that container trains will be going to Bangladesh from India. The container train will take around eight hours to reach Bangladesh and can carry 60 containers.
India-Japan-US trilateral talks in New Delhi
New Delhi will host the strategically important trilateral dialogue between India, Japan and the US on 4th April.The India-Japan-US trilateral was launched in December 2011. It was elevated to ministerial level in September 2015. The last ministerial dialogue was held in New York in September 2017.
CWG 2018 inaugurated in Austrailia
The 21st edition of the Commonwealth Games commenced in Gold Coast, Australia.The inaugural ceremony was held at the Carrara Stadium, Gold Coast. For the first time, there will be the same number of men’s and women’s medal events at the Games.
The Indian contingent at the ceremony, which consists of over 200 athletes, was led by flag-bearer P V Sindhu, the Rio Olympic silver medallist.
AAI ties up with CIDC for skill development
The Airports Authority of India (AAI) and Construction Industry Development Council (CIDC) have signed a memorandum of agreement.The aim of the agreement is to provide job oriented skill development and training to the marginalized and economically weaker sections of the society. It is the CSR initiative of AAI.
Govt. signed 16 APAs in March 2018
The Central Board of Direct Taxes entered into 14 Unilateral Advance Pricing Agreements and 2 Bilateral Advance Pricing Agreements (APA) during the month of March 2018.The APAs pertain to sectors like Telecommunication, IT, Automobile, Manufacturing and Banking, Finance & Insurance. The APA scheme launched by Government provides certainty to taxpayers in the domain of transfer pricing.
CMFRI scientist gets global recognition
Shyam S Salim, Principal Scientist at the Central Marine Fisheries Research Institute (CMFRI), has been elected as an executive member of the ‘International Institute of Fisheries Economics and Trade’ (IIFET) based in the USA.Shyam is an expert in fisheries economics at CMFRI. IIFET is the forum for the exchange of research, information, and ideas on the economics of fisheries management.
India’s first blockchain implemented
The platforms—RXIL, A.TReDS and M1xchange—approved by the RBI had been set up to bring together buyers, sellers and financiers for discounting the MSME invoices and provide them with timely funding.This is billed as India’s first live blockchain implementation in the enterprise financial segment.US-based MonetaGo has designed and implemented the production solution.
$930 Million Solar Venture in India
A Chinese energy conglomerate and SoftBank Group Corp. signed a $930 million agreement to produce and sell solar equipments in India.Golden Concord Group Ltd. will invest in a 40% stake in the joint venture, with Japan’s SoftBank taking the rest. The project will have a capacity of 4 GW and be involved in producing and selling solar ingots, silicon wafers, batteries and components.
Icarus, the farthest star ever seen
Scientists have detected the most distant star, Icarus, ever viewed, located more than halfway across the universe.The star was formally named MACS J1149+2223 Lensed Star-1. Scientists used NASA’s Hubble Space Telescope to spot the star. The star is 9.3 billion lights years away from Earth and it is about twice as hot as our sun.
DG Safeguards to come under commerce ministry
The Directorate General of Safeguards (DGS) will soon be shifted to the commerce ministry.It is a part of government’s plan to create a single authority for imposing trade remedies to protect domestic industry. As per the plan, the government would merge DGS with the Directorate General of Antidumping and Allied Duties (DGAD), the investigating arm of the commerce ministry.
Jio Payments Bank began operations
The Reserve Bank of India (RBI) said that Jio Payments Bank has commenced its banking services.Reliance Industries Ltd (RIL) was one of the 11 applicants which were issued the in-principle approval for setting up a payments bank in August 2015. Telecom major Bharti Airtel was the first to begin payment bank services in November 2016.
MoU between Indian Army and HDFC Bank
A Memorandum of Undertaking (MoU) was signed between the Indian Army and HDFC Bank on the Defence Salary Package.The first MoU between HDFC Bank and the Indian Army was signed in 2011 and was renewed on 13 Mar 2015. Indian Army has MoUs on Defence Salary Package with 11 public and private sector banks.
Sikkim will give pension to organic farmers
Sikkim Chief Minister Pawan Kumar Chamling announced monthly pension of 1000 rupees for farmers engaged in organic farming in the state.Sikking government has banned sale and consumption of non-organic agricultural and horticultural ​products. Organic farming doesn’t involve the use of chemical pesticides and fertilizers. Sikkim is the first fully organic state in the country.
Initiatives for ease of exports launched
Commerce and Industry Minister Suresh Prabhu launched digital initiatives for ease of exports.Under the digital initiatives, the Minister launched three portals, namely Safe Food Export Traceability Portal, One Laboratory One Assessment Portal and Monitoring Export Alerts Portal. The portals will bring together all regulators, accreditation bodies and other stakeholders at one place.
MoDWS launched “Satyagraha Se Swachhagraha”
The Ministry of Drinking Water and Sanitation (MoDWS) launched “Satyagraha Se Swachhagraha” campaign in New Delhi.It is a nationwide campaign and will culminate on 10th of this month marking the 100th year of Champaran Satyagraha. The campaign commemorates Champaran Satyagraha to spread the message of Swachhata across the country.
IndusInd to use WhatsApp for basic services
Private lender IndusInd Bank announced a pilot program with WhatsApp enterprise solution in India to communicate with its customers.The integration with WhatsApp will allow IndusInd Bank to start appearing as a verified account when it communicates with its customers.The initial test phase will allow the bank to communicate important transaction alerts to the customers on WhatsApp.
India’s Selena, Shreya clinched bronze in TT
India’s Selena Selvakumar and Shreya Shivakumar clinched two bronze medals at the 2018 Ivory Coast Junior and Cadet Open Table Tennis Tournament in Abidjan, Africa.Selena settled for the bronze in the junior girls’ singles. Shreya teamed up with China’s Yininghua Hu got a medal in the junior girls’ doubles category of the event which is part of the International Table Tennis Federation.
Himanta Sarma elected as President of BAI
Himanta Biswa Sarma has been elected as the President of the Badminton Association of India (BAI) for the next 4 years.He is a Cabinet ranked Minister and convener of the North East Democratic Alliance. He had taken over as the interim President of BAI last year after the demise of former president Akhilesh Das Gupta.
IISc Bengaluru, JNU among top 10 universities
The Indian Institute of Science is India’s top university followed by Jawaharlal Nehru University and Banaras Hindu University, declared the National Institutional Ranking Framework (NIRF).The NIRF which works under the Ministry of Human Resource Development released the list of top 10 universities in the country. All the top three universities retained their previous year rank.

EC to set up Pink polling booths
The Election Commission (EC) will set up Sakhi/Pink polling booths for the first time in the Karnataka assembly elections.These pink polling booths will have completely female staff including presiding officers, polling officers, micro observers and security personnel.The pink booths are aimed at empowering women and increasing their participation in the poll process.
Flipkart signed a pact with MakeMyTrip
Flipkart and MakeMyTrip (MMT) have struck a partnership wherein the online retailer will start to sell travel services on its platform.MakeMyTrip’s multiple brands, including MMT, Goibibo and redBus, will leverage the large customer base of Flipkart platform to drive online bookings in travel services. The new partnership will start with domestic flight, hotels, bus and holidays bookings.
India, Azerbaijan ink two documents
India and Azerbaijan have inked two documents for the visa waiver for diplomatic, official and service passports holders and cooperation between diplomatic training institutes.The agreements were signed during the ongoing visit of External Affairs Minister Sushma Swaraj to that country. Mrs Swaraj is there to be part of 18th NAM Ministerial Conference in Baku.
Agreement between India and Afghanistan
Cabinet approved the agreement between Food Safety & Standards Authority of India (FSSAI) and Ministry of Agriculture, Irrigation & Livestock (MAIL), Afghanistan for cooperation in the field of food safety.FSSAI and MAIL would establish a mechanism of information exchange and communication. Areas of cooperation also include facilitating technical exchange on identified topics of interest.
3rd Annual Meeting of AIIB
2nd lead-up Conference to 3rd Annual Meeting of Asian Infrastructure Investment Bank on ‘Enhancing Port and Coastal Infrastructure’ was held in Visakhapatnam.The Conference was organized by the Ministry of Finance, AIIB, CII and Research and Infrastructure System for Developing Countries.The need for international funding for developing and maintaining inland waterways was discussed.
SEBI eases trade rules in commodity exchanges
To relax algorithm trading norms at commodity derivatives exchanges, SEBI raised the limit to process up to 100 orders per second by a user for such trade from the existing limit of 20 orders per second.Algorithmic trading or ‘algo’ in market parlance refers to orders generated at a super-fast speed by use of advanced mathematical models. ‘Algo’ is used by large institutional investors.
National Maritime Day of India observed
The National Maritime Day in India is observed on April 5 every year.The National Maritime Day is observed annually to commemorate the maiden voyage of the first Indian owned ship “SS Loyalty” which sailed from Bombay to London in 1919. In 2018, the theme of the National Maritime Day is ‘Indian Shipping – An Ocean of opportunity’.
Cabinet approves rightsizing the CCI
The Cabinet approved rightsizing of Competition Commission of India (CCI) by halving the number of its members to three.CCI currently has one chairperson and six members. It will now have one chairperson and three members. This would lead to “faster turnaround in hearings” that is expected to result in speedier approvals.
Mirabai won gold in women’s weightlifting
Mirabai Chanu secured India’s first gold medal at the 2018 Commonwealth Games when she finished first in the women’s 48 kg weightlifting event at Gold Coast.Mirabai Chanu broke the Commonwealth Games’ weightlifting record by lifting 196 kg. The previous Games’ record was 175 kg set by Augustine Nwaokolo of Nigeria in 2010. This is her 2nd CWG medal following the silver she won in Glasgow.
Cabinet approved Human Rights Bill, 2018
The Union Cabinet approved the Protection of Human Rights (Amendments) Bill, 2018 for better protection and promotion of human rights in the country.The Amendment will strengthen the Human Rights Institutions of India for the effective discharge of their mandates, roles and responsibilities. It proposes to add a woman member in the composition of the human rights commission.
NASA set to build quiet supersonic planes
NASA is set to develop an ‘X-plane’ designed to fly faster than the speed of sound without producing the noise typical of supersonic flights.The X-plane’s mission is to provide crucial data that could enable commercial supersonic passenger air travel over land. The X-plane makes a quiet sonic boom due to its unique shape and design.
Weight Lifter P.Gururaja won Silver medal
Weightlifter P Gururaja opened India’s medal account on the first competition day of the 21st Commonwealth Games by winning the silver medal in Weightlifting.In the 56 kilogram category, P Gururaja lifted a total weight of 249 kg to finish second in the event. Malaysia took the Gold medal, while Sri Lanka got the Bronze medal.
ICICI facilitates money transfer for NRIs
ICICI Bank launched a service which enables Non-Resident Indians (NRIs) to send money to a beneficiary in India using social media platforms like WhatsApp and e-mail.This first-of-its-kind service known as ‘Social Pay’ is available on Money2India (M2I), the bank’s app for remittances. ‘Social Pay’ embraces the medium as a way to simplify money transfers, adding to customer convenience.
Mechanism to address taxpayers grievances
The government will put in place an IT-Grievance Redressal Mechanism to address the difficulties faced by a section of taxpayers owing to technical glitches on the GST portal.The IT Grievance Redressal committee will examine and approve the solutions for an identified issue. If a taxpayer faces problem due to failure of power supply, this mechanism shall not be available.
Aussie boxer becomes first CWG 2018 medallist
Australian boxer Taylah Robertson has become the first medallist of the 21st Commonwealth Games without even stepping into the ring.She got a bye straight into the 51-kilogram category women’s semifinals scheduled for April 13. The 19-year-old Taylah got the lucky Bronze medal due to the small size of her draw.
Govt clears India-Iran MoU for expert group
The government gave an ex-post facto approval to an agreement with Iran to set up an expert group on trade remedy measures.The MoU will establish a framework of cooperation in the area of trade remedial measures like anti-dumping and countervailing duty. The pact was signed on February 17 this year during the visit of the President of Iran.
India ranked 3rd in facing most cyber threats
India ranked third in the list of countries where the highest number of cyber threats were detected, and second in terms of targeted attacks in 2017, according to security software firm Symantec.India was ranked second globally when it comes to spam and phishing (misleading emails, weblink etc). Symmantec detected 133 targeted attacks in India which are the work of organised groups.
IndusInd Bank got RBI nod to acquire IL&FS
Private sector lender IndusInd Bank has received RBI’s approval to buy the securities services arm of IL&FS.In March 2017, the bank entered an agreement with Infrastructure Leasing and Financial Services (IL&FS) to acquire 100% stake in ISSL. Infrastructure Leasing and Financial Services (IL&FS) is the promoter shareholder of IL&FS Securities Services Ltd (ISSL).
NRDC to develop ASEAN technology data bank
The National Research Development Corporation (NRDC) will establish a technology data bank for ASEAN region as part of ASEAN-India Innovation Platform.The corporation has been entrusted by the Department of Science and Technology (DST) to manage the platform for a period of four years. The proposed data bank will link existing data banks of available technologies in the ASEAN region.
India became second largest crude steel-maker
India has overtaken Japan to become the world’s second-largest producer of crude steel in February, according to the Steel Users Federation of India.At present, China is the largest producer of crude steel in the world. India overtook the US in 2015 to become the third largest producer of crude steel. India produced 8.4 million tonnes of crude steel in February 2018.

Delhi tops in the list of Hospitality Index
Global hospitality chain Airbnb announced that New Delhi and Maharashtra have been recognised as the most hospitable city and state respectively, according to its Hospitality Index.As per the index, the most hospitable states were Maharashtra, Goa, Delhi, Karnataka and Kerala. New Delhi led the charts as the most hospitable city in the country, followed closely by Jaipur, Cochin and Mumbai
TRAI suggests access points for Wi-Fi
TRAI has proposed the concept of Public Data Office Providers, aimed at enhancing Wi-Fi connectivity and cutting internet costs by up to 90%.TRAI recommended an ambitious model of a public Wi-Fi grid that also aims to push broadband proliferation in the country.The grid or the mesh conceptualised by TRAI entails multiple providers coming together on one platform.
“Van Dhan Vikas Kendra” at Bijapur launched
The Ministry of Tribal Affairs has approved establishment of the first multipurpose “Van Dhan Vikas Kendra” on the pilot basis for establishment in Bijapur  District of Chhattisgarh.The Kendra will provide skill and capacity building training and setting up of primary processing facility. The Kendra will have processing facility for Tamarind brick making & Mahua flower storage facility.
RBI defered Ind-AS adoption by 1 year
The Reserve Bank of India has deferred the adoption of ‘Indian Accounting Standards’ (Ind AS) by banks, for a year, due to the unpreparedness of banks to migrate to the new accounting system.The earlier deadline for banks to switch to the Ind AS was from 1 April 2018. Ind AS is a global accounting practice that lenders are mandated to adopt that may lead to initial credit losses.
CBDT facilitates seamless tax payment
The Central Board of Direct Taxes (CBDT) released a one-page simplified Income Tax Returns Form-1 ‘Sahaj’ for the assessment year 2018-19.It can be filed by an individual having income up to Rs.50 lakh and who is receiving income from salary, one house property/other income such as interest. This initiative benefited around 3 crore taxpayers, who filed their return in this simplified Form.
Sanjeev Nautiyal is the MD & CEO of SBI Life
SBI Life Insurance Company Limited appointed Sanjeev Nautiyal as its new MD and CEO.Sanjeev Nautiyal started his career with State Bank of India in 1985 as a probationary officer in bank’s Lucknow circle. In the immediately preceding assignment, he was the Chief General Manager of the bank’s Ahmedabad circle.He is a Certified Associate of the Indian Institute of Bankers (C.A.I.I.B).
Weightlifter Deepak Lather got bronze medal
Indian weightlifter Deepak Lather won the bronze medal in the men’s 69 kg category on the Day 2 of the Commonwealth Games.Gareth Evans of Wales claimed gold medal while Sri Lanka’s Indika won the silver medal. India till now has four medals at the Gold Coast Games and all four have come from weightlifting.
RBI bars banks from crypto services
RBI directed all regulated entities including banks not to provide services to businesses dealing in virtual currencies like bitcoins, so as to protect consumers and check money laundering.The RBI asked entities, which are already into such services to stop providing this kind of services within three months. The RBI has directed all payment system operators to store all data within India.
RBI switches back to GDP model
The RBI switched back to the gross domestic product (GDP)-based measure to offer its growth estimates from the gross value added (GVA) methodology.The Government had started analysing growth estimates using GVA methodology from January 2015 and had also changed the base year to 2018 from January. The GDP model gives the picture from the consumers’ side or demand perspective.
Govt forms committee to regulate online media
The I&B Ministry has constituted a committee to frame rules to regulate news portals and media websites.The committee includes secretaries of Ministries of I&B, Electronics and IT, Home, Legal Affairs and Department of Industrial policy and promotion. The committee will also have representatives of the Press Council of India, News Broadcasters Association and Indian Broadcasters Federation.
RBI keeps interest rates unchanged
The Reserve Bank of India (RBI) on 5th April kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.The real Gross Domestic Product growth in FY19 is seen at 7.4 percent as against 6.6 percent in FY18. The RBI revised CPI inflation projection for 2018-19 to 4.7-5.1% in the first half of the financial year and 4.4% in the second half.
Subrata will be Ambassador of India to Serbia
            Subrata Bhattacharjee has been appointed as the next Ambassador of India to the Republic of Serbia.Subrata Bhattacharjee is a 1989 batch Indian Foreign Service officer.He is currently the Joint Secretary in Ministry of External Affairs.
RBI decides to set up Data Sciences Lab
Reserve Bank of India has decided to set up Data Sciences Lab to improve its forecasting, surveillance and early warning detection abilities which will aid policy formulation.RBI said the lab will comprise experts and budding analysts, who are trained in Computer Science, Data Analytics, Statistics, Economics, Econometrics and Finance. The unit will become operational by December 2018.
PM to inaugurate International Energy Forum
India will host the 16th International Energy Forum (IEF) Ministerial Meeting from 10-12th April 2018 in New Delhi.The biennial IEF Ministerial Meetings are the world’s largest gathering of Energy Ministers who engage in a dialogue on global energy issues. The IEF is an inter-governmental arrangement set up in 1991, based in Riyadh. There are 72 member countries of IEF, including India.
Ministry of Coal launched UTTAM APP
Ministry of Coal launched ‘UTTAM App’ for Coal Quality Monitoring.UTTAM stands for – Unlocking Transparency by Third Party Assessment of Mined Coal (uttam.coalindia.in).The Ministry of Coal and Coal India Limited (CIL) developed UTTAM, aims to provide an App for all citizens and coal consumers to monitor the process of Third Party Sampling of coal across CIL subsidiaries.
BHEL commissions hydro-electric project
The Bharat Heavy Electricals Limited (BHEL) successfully commissioned the 330 MW Kishanganga Hydro-Electric Project in Jammu and Kashmir (J&K).The project is located on the river Kishanganga, a tributary of the river Jhelum, in Bandipora district of J&K. In the state of J&K, BHEL commissioned 33 hydro sets with a capacity of 1,477 MW. 1st and 2nd units of HEP were commissioned in March.
India won Women Handball Championship
India defeated Bangladesh to win the fifth South East Asian Women Handball Championship at Lucknow.A total of five countries participated in the tournament. While Nepal finished as runner-ups in the five-country tournament, Bangladesh settled for the third spot and a bronze medal.
Sanjita Chanu won gold medal at CWG 2018
Weightlifter Khumukcham Sanjita Chanu won India its second gold medal at the Gold Coast Commonwealth Games by outshining in the women’s 53 kg category event.She set a new record in the game by lifting a total of 192 kgs which includes 84 kgs in a snatch and 108 kgs in clean and jerk. Papua New Guinea got the silver medal while Canada won the bronze medal.
FIEO, PayPal sign MoU to empower SMEs
Digital payments platform, PayPal, and the Federation of Indian Export Organisations (FIEO), an apex international trade promotion organisation, announced a partnership to promote exports.PayPal will work with FIEO to educate small and medium enterprises (SMEs) on how to leverage global opportunities.The MoU will focus on training Indian SMEs in various aspects of exports.
Delhi-Pathankot flight under UDAN scheme
Civil Aviation Minister Suresh Prabhu inaugurated the first flight from Delhi to Pathankot at the Indira Gandhi International Airport in New Delhi.Pathankot airport was opened by the Airports Authority of India (AAI) to improve regional connectivity as per the UDAN Scheme. Under UDAN, air connectivity is provided to unserved and underserved airports at a subsidized fare.

RH300 sounding rocket launched
The RH300 sounding rocket, developed by Vikram Sarabhai Space Centre as part of a study to enrich available atmospheric data, was launched on 6th April from the Thumba Equatorial Rocket Launching Station in Kerala.This was the 21st launch of RH300 sounding rocket. The RH-300 MKII sounding rocket is utilised to study the Equatorial and lower ionosphere regions of the atmosphere.
TN Govt Launches “Uzhavan” App for Farmers
Tamil Nadu government has launched the bi-lingual “Uzhavan” (farmer) app that will allow ryots to have access to nine types of services.The app can be used by farmers to get information on farm subsidies, book farm equipment and details about crop insurance. The app is available in Tamil and English language & includes information on the availability of seeds and fertilisers at stores.
FPI investment limit in Govt Securities hiked
The Reserve Bank of India, in consultation with the Government, hiked the foreign portfolio investors (FPI) investment limit in Central government securities (G-Sec).FPIs will now be allowed to invest up to 5.5% of outstanding stock of G-secs in 2018-19 and 6% of outstanding stock of securities in 2019-20. The central bank also set a 9% limit for FPI investment in corporate bonds.
Paes becomes most successful doubles player
Leander Paes created a new world record by becoming the most successful doubles player in Davis Cup history after winning his 43rd such match.Paes combined with Rohan Bopanna to create the new record. He made his Davis Cup debut in 1990 alongside Zeeshan Ali. Leander Paes and Mahesh Bhupathi weaved the longest unbeaten winning streak of 24 matches.
Jammu gets its first tulip garden
Jammu got its first tulip garden at Sanasar in Ramban district of Jammu region.This is the first tulip garden of Jammu region and second after the tulip garden of Srinagar in Jammu and Kashmir. The garden has been set up on half an acre area of land adjacent to the Sanasar lake.
Govt. bans imports of hormone oxytocin
The Union government banned imports of the hormone oxytocin to stop its misuse in the livestock industry.It causes hormonal imbalances and shortens the lives of milch animals. Oxytocin is released naturally in the human body and is often called as “love hormone”. The government has decided to rely on domestic production to satisfy requirements of the hormone.
Chhattisgarh awarded ‘State of the Year’
Chhattisgarh bagged the ‘State of the Year’ Award under the ‘business leader” category as part of the India Business Leadership for the increase in business and services activities.Union Information Technology and Electronics Minister Ravi Shankar Prasad gave the award at India Business Leader Awards.Chhattisgarh has been ranked 4th in World Bank’s list of ‘Ease of Doing Business’.
IndusInd-Samsung tie up for ‘tap and pay’
IndusInd Bank announced a collaboration with Samsung Electronics to enable its MasterCard and Visa credit card customers to use ‘Samsung Pay’.The Samsung Pay allows customers to simply tap and ‘pay on the go’ using their registered IndusInd Bank credit cards. The platform works with patented Magnetic Secure Transmission (MST) technology as well as Near Field Communication (NFC).
Two new languages discovered
A professor of the University of Hyderabad has discovered two new languages- ‘Walmiki and Malhar’.These languages are spoken in Andhra Pradesh and Odisha. Walmiki is spoken in Koraput of Odisha and on the bordering districts of Andhra Pradesh. The second language Malhar is spoken in a remote and isolated hamlet about 165 km away from Bhubaneswar.
Shimla got its 1st grid-connected solar plant
Himachal Pradesh (HP) Chief Minister Jai Ram Thakur inaugurated the first grid-connected solar power plant in Shimla having a capacity of 35 KW, installed on the rooftop of the Department of Environment, Science and Technology.The power generated by the solar plant would be consumed by the Department building. The remaining power would be sold to the HP State Electricity Board Limited.
Sathish Sivalingam won Gold medal at CWG 2018
Weightlifter Sathish Sivalingam won the gold medal by winning the men’s 77kg event at Commonwealth Games 2018.In the previous Commonwealth Games in Glasgow, Sathish had won gold. Hence he became the first ever male Indian weightlifter to win gold in two different editions of the Commonwealth Games. In 2017, Sathish won gold at the Commonwealth Weightlifting Championships.
Tobacco products to show helpline number
All tobacco products will have a national toll-free number printed on them from September tto assist users to quit the addiction.The toll-free number will help in creating awareness among tobacco users and give them access to counselling services to effect behaviour change. The Ministry of Health and Family Welfare has notified new sets of health warnings for all tobacco product packs.
Sugar tax comes into force in UK
Britain rolled out a sugar tax on soft drinks in an attempt to tackle obesity and tooth decay in children.All revenues raised through the tax will directly fund new sports facilities in schools as well as healthy breakfast clubs. The other countries which have introduced such similar taxes are Mexico, France and Norway.
Ganga Hariteema Yojana launched in UP
In Uttar Pradesh, “Ganga Hariteema Yojana” (Ganga Greenery Scheme) has been launched in 27 districts of the state located on the bank of river Ganga.The objectives of the schemes include enhancing green cover in the catchment areas of the river Ganga and to control the land erosion. Plantation will be carried out in one-kilometre areas from the banks of the river under the scheme.
World Health Day observed on 7th April
The World Health Day is a global health awareness day celebrated every year on 7 April to mark the anniversary of the founding of World Health Organization.This year marks the 70th anniversary of World Health Day. The theme for this year is “Universal health coverage: everyone, everywhere” and the slogan is “Health for All”.
Mahila Shakti Kendra to empower rural women
The government of India has approved a new scheme namely Mahila Shakti Kendra for 2017-18 up to 2019-20 to empower rural women through community participation.The scheme is envisaged to work at various levels, and at the National level and State level. Under the Scheme, State Resource Centre for Women is provided for all States/UTs & District Level Centre for Women to 640 districts.
“Gram Swaraj Abhiyan” on Ambedkar Jayanti
The Prime Minister has announced that on the occasion of Ambedkar Jayanti a “Gram Swaraj Abhiyan” would be organised starting from 14th April to 5th May 2018.This Abhiyan will reach out to poor households, spreading awareness about government welfare schemes and other initiatives. Universal coverage under 7 welfare programmes in 21058 villages has been contemplated under this Abhiyan.
Khadi Store Locator App launched
The Minister of State for MSME, Giriraj Singh launched a mobile phone application for locating 4,000 Khadi stores in the country.There are more than 8,000 Khadi stores in India, the rest of stores will also be available on the store locator by the end of April. The Khadi and Village Industries products are manufactured by about 7 lakh privately owned household units.
Maharashtra govt & Centre signs MoU with WB
The Government of India, Government of Maharashtra and the World Bank signed a US$ 420 million project to help Small and Marginal farmers in the Marathwada and Vidarbha regions of Maharashtra.The project will help in increasing climate resilient practices in agriculture. The project will help the farmers in reducing risks of climate-related crop failure and increase their income.
IAF to conduct biggest combat exercise
The Indian Air Force (IAF) is going to conduct its biggest ever combat exercise along Pakistan and China borders.The exercise – Gagan Shakti, 2018- will take place from April 10 to 23.For the first time, the indigenous Light Combat Aircraft Tejas will be taking part in the exercise and will perform both the offensive and defensive roles.

Tripura launches state version of PMKVY
Tripura Chief Minister Biplab Kumar Deb has launched the state component of Pradhanmantri Kaushal Vikas Yojna (PMKVY) in Agartala.He has assured that the target to give training to more than 1 lakh 16,000 youths by 2020 will be achieved. Tripura is the first state in the country to implement pilot project for accreditation for skilled candidates.
Foreign Secretary to visit B’desh
Foreign Secretary Vijay Gokhale is expected to meet his Bangladeshi counterpart Mohammad Shahidul Haque in Dhaka and discuss ways to deepen bilateral ties.Mr Gokhale is also likely to meet Bangladesh Foreign Minister Abul Hassan Mahmood Ali. This is Mr Gokhale’s first visit to Bangladesh after taking over as the Foreign Secretary.
Mudra Yojana completes 3 years
PM expressed delight over the completion of three years of Pradhan Mantri Mudra Yojana (PMMY). The scheme was introduced to cater to entrepreneurs who are either in their early stage or require lesser funds in order to get their business running. The PMMY was launched on April 8, 2015 with an aim to provide loans upto Rs 10 lakh to non-corporate, non-farm small or micro enterprises.
Kerala to issue brain death certificate
Kerala has become the first state to adopt a standard operating procedure (SOP) for determining brain death cases.According to the SOP, a medical board comprising four doctors-at least one should be from the government service-will be authorised to declare a patient brain dead.To check any misuse, the SOP defines brain dead and state of coma in detail.
First flight to Sun to launch in July
NASA’s Parker Solar Probe — humanity’s first mission to the Sun — is undergoing final preparations.The mission is scheduled for launch on July 31, 2018. Parker Solar will orbit directly through the solar atmosphere – the corona – closer to the surface than any human-made object has ever gone.
Dadasaheb Excellence Award for Anushka
Anushka Sharma will be awarded the Dadasaheb Phalke Excellence Award 2018 for being a path-breaking producer.The 29-year-old actress has been appreciated for breaking new grounds as a film producer, along with her brother Karnesh Sharma. Three movies produced by Anushka, NH 10, Phillauri and Pari belonged to three different genres, thriller, romance and horror.
India unwilling to participate in SAARC
Citing continuing support to cross-border terrorism from Pakistan, India said on Saturday it was difficult to proceed with the SAARC initiative under current circumstances.SAARC Summits are usually held biennially hosted by a member state in alphabetical order. The last SAARC Summit in 2014 was held in Kathmandu.
Gobar-dhan Yojana to be launched
‘Gobar-dhan Yojana’, the central scheme for managing and converting cattle dung into manure and biogas, is about to be launched.The scheme will be launched at national level from Karnal in Haryana on April 30. Under this scheme, one village in every district of the country would be selected for its implementation.
Trouble in Flipkart-Amazon merger
The possible coming together of online retailers Amazon and Flipkart is likely to face close scrutiny on competition issues.Engaged in intense competition, home-grown Flipkart and Amazon India are leading players in the Indian online retail market place. The combined market share of the two parties, which is around 80 percent is most likely to  pose challenges to the deal.
India’s forex reserves at all time high
The country’s foreign exchange reserves hit a life-time high of 424.361 billion US dollar.Previously, the reserves had touched a record high of 421.914 billion dollar on February 9, 2018. Gold reserves remained unchanged at 21.614 billion US dollar.
India continues to shine in Commonwealth
India continued to bag gold medals in Commonwealth Games 2018, with weightlifter Punam Yadav and 16-year-old shooter Manu Bhaker winning a gold medal each.Yadav bagged hers in women’s 69kg weightlifting, while Bhaker’s came in 10-metre air pistol event.Shooter Heena Sidhu won the silver medal in the 10-m air pistol event at 21st Commonwealth Games being held in Gold Coast, Australia.
India, Nepal for strong relations
India and Nepal have agreed to further strengthen bilateral relations in key areas of border security, connectivity, trade and agriculture.The two countries have agreed for a rail line that will connect the border city of Raxaul in India to Kathmandu in Nepal. The agreements were reached during talks between Prime Minister Narendra Modi and visiting Nepalese Prime Minister KP Sharma Oli.
Indo-Korean joint exercise SAHYOG- HYEOBLYEOG
Indo-Korean joint anti-piracy, search & rescue exercise ‘SAHYOG- HYEOBLYEOG 2018’ was conducted off the Chennai coast.The joint exercise is a part of ongoing cooperative arrangements b/w the 2 coast guards for the past 12 years. The exercise aims to develop working level co-operation & enhance inter-operability in the fields of maritime search & rescue, anti-piracy operations.
ICICI Bank gets Swift’s new payment service
ICICI Bank has become first Indian bank to go live on SWIFT’s Global Payment Innovation, an improved cross-border payments service.The service enables real-time payments tracking across correspondent banks & has a facility to track payments instructions across correspondent banks globally. The announcement of the service comes weeks after the discovery Rs 12,900-crore Nirav Modi scam at PNB
Bayern Munich won Bundesliga title
German giants Bayern Munich win sixth successive Bundesliga title after hitting Augsburg 4-1 at the Augsburg Arena.The result also means that Bayern is the German league champion for the 28th time in its history. The result leaves Bayern 20 points clear with five league games left and underlined their absolute dominance of the Bundesliga.
Ravi Kumar won a bronze medal
Indian shooter Ravi Kumar won the bronze medal in the men’s 10m air rifle event at the 21st Commonwealth Games in Gold Coast, Australia.Ravi acquired the third spot with a score of 224.1 after 22 shots. Australia’s Dane Sampson won the gold while Bangladesh’s Abdullah Hel Baki claimed silver. India are now third in the Games’ medal tally with 10 medals including 6 gold, 2 silver & 2 bronze
Most Capped Women’s ODI Cricketer
Indian women’s cricket team captain Mithali Raj has become the most capped player in women’s One-Day International (ODI) cricket.She achieved the feat (192 matches) during the first ODI against the England women at Vidarbha Cricket Association Stadium in Nagpur. Mithali surpassed England’s Charlotte Edwards, who retired in September 2017 with 191 ODIs under her belt.
Kovind to hold talks with Guinean Prez
President Ram Nath Kovind will hold delegation-level talks with his Equatorial Guinean counterpart Teodoro Obiang Nguema Mbasogo in capital Malabo.This is the first ever visit by an Indian President to Equatorial Guinea. Mr Kovind will also travel to Swaziland and Zambia, as part of his visit, which aims to further deepen India’s relations with the African nations.
UK’s 1st permanent Middle East military base
U.K. has opened its first permanent military base in the Middle East in more than 4 decades in the Persian Gulf country of Bahrain.The £40m UK Naval Support facility ‘Jufair’ at Mina Salman will be staffed by up to 500 soldiers, sailors and airmen. Both the countries hope that this base will increase military cooperation between the Royal Navy and its Bahraini counterpart.
Japan activated its 1st marine unit since WW2
Japan has activated its 1st marine unit since 2nd World War to counter invaders from occupying Japanese islands.The Amphibious Rapid Deployment Brigade is the latest component of a growing marine force that includes amphibious ships & assault vehicles. After WW2, a clause was written into Japan’s constitution which stated that armed forces with potential to wage war would not be maintained.

India-Nepal petroleum products pipeline
Indian Prime Minister Narendra Modi and Nepal Prime Minister K P Sharma Oli launched the Rs 3.24 billion India-Nepal petroleum products pipeline from Motihari, Bihar to Amlekhgunj, Nepal on 7th April.This is the first international cross-country pipeline project in India. The Motihari-Amlekhgunj Pipeline project was approved by Indian Oil in September 2015.
Hungarian PM Orban won election
Hungarian Prime Minister Viktor Orban’s ruling Fidesz-KDNP coalition won the general elections in Hungary on 8th April.Former radical Jobbik party came second with 20% of the vote, and MSZP-P (Socialist-Dialogue) third with 12.13%. The turnout was close to 69%, the second highest since 2002.
New antibiotic to fight drug resistance
A new class of antibiotics, from an unconventional source which has a distinct way of killing bacteria, has been discovered. It may help combat drug-resistant or hard-to-treat bacterial infections.The antibiotic called ‘odilorhabdins’, or ODLs, is produced by symbiotic bacteria. The bacteria helps in killing the insect and secretes the antibiotic to keep competing bacteria away.
UAE, Malaysia conclude military exercise
The United Arab Emirates (UAE) and Malaysia concluded “Desert Tiger 5” joint military exercise aimed at sharing expertise and enhancing joint military actions.The Desert Tiger series is an annual joint exercise between the two countries. The exercise also trains ground forces on the use of modern weapons for all types of combat operations.
Sebastian Vettel won Bahrain GP
Ferrari’s Sebastian Vettel won Bahrain Formula One Grand Prix in his 200th race start.It was Vettel’s second win in as many races this season, the 49th of his career. Lewis Hamilton got the 3rd position.
First Meeting of the NE NITI Forum
The first meeting of Newly constituted NITI Forum for North East will be held in Agartala, Tripura on 10 April 2018.The forum will be co-chaired by the Vice-Chairman of NITI Aayog and Ministry of Development of Northeastern Region (DoNER).The ‘NITI Forum for North East’ was constituted in February 2018 with an aim to ensure sustainable economic growth of the North Eastern Region of India.
Mehuli Ghosh clinched silver in shooting
Indian shooters Mehuli Ghosh and Apurvi Chandela bagged silver and bronze respectively in the Women’s 10m Air Rifle competition at Commonwealth Games 2018.Singapore bagged the gold medal. With this feat, India now stands third on the points table with 17 medals in total, including seven in shooting alone.
Govt approved linking of savings A/c & IPPB
The Government of India has approved the linking of Post Office savings accounts with that of India Post Payments Bank (IPPB).This will enable Post Office account holders to transfer money from their savings account to any bank accounts. IPPB is governed by Reserve Bank of India and banking service of post offices comes under the Ministry of Finance.
Assam’s Spring Festival began
The 2-day Assam Spring Festival began at the Manas National Park on 7th April, where visitors will get to experience the state’s local food, music, handloom and handicrafts.The aim of the event is to promote the local food and culture of the fringe villagers. The National park which is also a tiger and rhino reserve covers five districts of Assam.
Patna topped in 4G connectivity
Patna topped in 4G connectivity among 20 of India’s largest cities.It has emerged ahead of the cities like Bengaluru, Mumbai, Delhi, said a report from OpenSignal, a wireless coverage mapping company. Cities from India’s central and eastern regions – Patna, Kanpur, Allahabad, Kolkata, Bhopal & Lucknow – made it to the top 10 while Bengaluru is at 10, followed by Hyderabad, Mumbai and Delhi.
SBI to invest in hydropower project
SBI will be investing a total of Rs 80 billion in the ‘Arun III’ hydropower project of Nepal, which will produce 900 megawatts of electricity.The SJVN, which has been awarded with the construction of the mega power project of Nepal, has made an informal agreement with the SBI to acquire the investment as a loan. The mega project is targeted to be completed by 2022’s September.
Weightlifter Pardeep claimed silver at CWG
Indian weightlifter Pardeep Singh won a silver medal in the sport at Gold Coast Commonwealth Games 2018.Last year, Pardeep had claimed a surprise gold medal in his first senior competition in the 105kg category. Pardeep’s feat now takes India’s medal count to 13 at the Games and 9th in weightlifting alone.
Shooters bag gold, bronze for India
Indian shooters Jitu Rai and Om Prakash Mitharwal won gold and bronze medals respectively at Commonwealth Games 2018.In the men’s 10m air pistol event at the Gold Coast Commonwealth Games 2018, Rai shot a total of 235.1 points, thus, registering a new Games record. Mitharwal bagged the silver medal after shooting a total of 214.3 points. India has won five medals so far in shooting alone.
Manika Batra won gold medal in Table Tennis
Manika Batra inspired India to a historic gold medal with her stunning singles victories, as she defeated defending champions Singapore 3-1 to claim the gold medal in TT at Commonwealth Games 2018.This is India’s first ever gold at the multi-sport event. It was only the second table tennis team gold for India at the Games with the men achieving the feat in the 2006 Melbourne edition.
Haryana Govt. to support TB patients
Haryana government has decided to provide special benefits, including nutritional support, to tuberculosis patients in an effort to eliminate the infectious disease by 2025.The government would provide nutritional support of Rs 500 per month during treatment to notified TB patients. Free services would be provided to TB patients in government hospitals of Haryana, including X-Ray.
Free chemotherapy in 10 Maharashtra districts
The Maharashtra state government will introduce free chemotherapy facility in 10 districts from June.This facility will be made available at district hospitals of Nagpur, Gadchiroli, Pune, Amravati, Jalgaon, Nashik, Wardha, Satara, Bhandara and Akola in the first phase. The initiative would help patients save in lodging and travelling expenses.
Highest civilian honour to Indian President
President Ram Nath Kovind was conferred with the “Condecoracion”, the highest honour accorded to a non-citizen by the government of Equatorial Guinea.President Kovind was bestowed with the medal of the ‘Gran Colar de la Independencia’ by the President of Equatorial Guinea. The award was given for his contribution to the cause of development, security and world peace.
India, Equatorial Guinea inked three MoUs
Three Memorandums of Understanding (MoUs) were signed between India and Equatorial Guinea.The MoUs were signed towards affirming cooperation in the fields of medicinal plants, traditional systems of medicine, and health and medicine sector. An action plan was also devised on cooperation in the field of Information and Communicational Technology.
PM Ujjwala Yojana inaugurated in Delhi
Union Minister Dharmendra Pradhan launched Pradhan Mantri Ujjwala Yojana (PMUY) scheme in Delhi on 7th April and distributed new LPG connections and cylinders to beneficiaries here.During the event, about 400 LPG connections were handed over to families belonging to below poverty line category. The PMUY was launched at Yamuna Sports Complex in the national capital.
Uttarakhand’s 2nd mega food park inaugurated
Union Minister for Food Processing Industries inaugurated the second mega food park in Uttarakhand at Mahuakhera Ganj village, Kashipur in Udham Singh Nagar district.The first Mega Food Park in the state located at Haridwar has already become operational. The mega food park would have a central processing centre as well as well as three Primary Processing Centres.

India-Nepal agree to develop inland waterways
India and Nepal recognised the untapped potential of inland waterways, in order to contribute towards the overall economic development of the region.Prime Minister of India and Nepal took the landmark decision to develop the inland waterways for the movement of cargo. The new initiative would enable cost-effective and efficient movement of cargo.
SBI launches UK subsidiary
The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.SBI became the first foreign bank in the UK to ringfence its retail division from its wholesale business. SBI operates seven branches in London.
Goa govt to launch app-based taxi service
The Goa government has decided to launch its own app-based taxi service to some key tourist destinations in the coastal state.The state-run Goa Tourism Development Corporation (GTDC) invited the taxi operators to register with the new mobile application-based transport service.Currently, the tourist taxi operators run their businesses individually in Goa.
E-way bill to be rolled out in 5 states
E-way bill system for the intra-state movement of goods is scheduled to be implemented from April 15 in five states.The new system is being implemented from the aforementioned date in Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh. E-way bill system for all inter-state movement of goods was rolled out from April 1.
Fast-track court to try drug cases in Manipur
Manipur Chief Minister Biren Singh inaugurated a special court at Cheirap Court Complex in Imphal to try drug-related cases.The fast-track court will facilitate the speedy trial of offences relating to narcotic drugs and psychotropic substances. Similar court to try Crime Against Women was also inaugurated by the Chief Minister on June 27 last year.
Maritime trade to go electronic
The government has made the use of e-Invoices, e-Payments and e-Delivery orders mandatory across the maritime trade as it seeks to push digitisation of trade processes.The government has also directed stakeholders to use the Port Community System (PCS). PCS is a centralised web-based message exchange platform for the Indian maritime community to exchange the documents.
Heena Sidhu won gold medal in 25m Pistol
Heena Sidhu won India’s 11th gold medal in pistol shooting at the 2018 Commonwealth Games in Gold Coast.Heena Sidhu has become the first Indian athlete to win two medals at the 2018 Commonwealth Games. India has so far won 20 medals, including eleven gold, four silver and five bronze.
India to celebrate World Homoeopathy Day
A two-day scientific convention is being organised in New Delhi by Ministry of AYUSH on the occasion of World Homoeopathy Day, on 10-11th April 2018.World Homoeopathy Day is observed to commemorate the birth anniversary of the founder of Homoeopathy, Dr. Christian Friedrich Samuel Hahnemann. The theme of this convention is “Innovate: Evolve; Progress: Exploring Science since 40 years”.
India’s first electric locomotive
Prime Minister flagged off the country’s first high-powered electric locomotive assembled in Madhepura in Bihar.This first locomotive is part of a joint venture of the railways with Alstom, signed in 2015 and the first major FDI project in the rail sector. India will join countries like Russia, China, Germany and Sweden that have 12,000 horsepower & above capacity electric locomotives.
Railway link between Kathmandu and Raxaul
India will build a strategic railway link between Raxaul in Bihar and Kathmandu in Nepal to facilitate people-to-people contact and bulk movement of goods.The 2 Prime Ministers agreed to construct the new electrified rail line, which will be financed by India. The 3 other railway projects in the pipeline are New Jalpaiguri-Kakarbhitta, Nautanwa-Bhairahawa and Nepalgunj Road-Nepalgunj.
India, Bangladesh signed 6 MoUs
India and Bangladesh signed 6 pacts including one for the construction of a 129.5 km-long oil pipeline between Siliguri and Parbatipur.The MoU on the oil pipeline is aimed at transporting diesel from India to Bangladesh. An agreement between Department of Atomic Energy, India and Bangladesh Atomic Energy Commission, was signed. The other MoU was between Prasar Bharati and Bangladesh Betar.
IGI Airport is in top 20 busiest airport list
New Delhi’s Indira Gandhi International Airport entered into the league of the top 20 busiest airports in the world for 2017 in terms of traffic volumes.The GMR-group-run New Delhi airport jumped from 22nd rank in 2016 to 16th rank, as per the Airports Council International (ACI). Hartsfield-Jackson Atlanta International Airport (ATL) was ranked the busiest airport in the world.
Nabard frames self-healing norms for RRBs
NABARD has come out with a ‘Prompt Corrective Action (PCA) Framework’ for Regional Rural Banks (RRBs).The framework is aimed at enabling RRBs that fail to meet prudential requirements like capital adequacy to take self-corrective action. The PCA will be invoked if RRBs fail to meet the ‘capital to risk-weighted assets ratio’, assets (NPAs), and profitability (Return on assets).
Anti-dumping duty on phosphorus pentoxide
Based on the recommendation of the Directorate General of Anti-Dumping and Allied Duties, the revenue department has imposed an anti-dumping duty on import of Phosphorus Pentoxide from China.The duty has been imposed for five years.Phosphorus Pentoxide is used as a powerful desiccant and dehydrating agent and is a useful building block and reagent in the chemical industry.
Andhra Pradesh to get happiness department
The Andhra Pradesh government will soon constitute a Happiness Commission that will take up a series of programmes to promote “happiness” in the state.The commission, which will work under the department of planning, will be headed by Chief Minister. AP became the second state in the country to introduce an exclusive ministry for happiness in April 2017. Madhya Pradesh is the first state.
UIDAI puts digitally signed QR code
The Unique Identification Authority of India (UIDAI) has brought in secure digitally-signed QR code on eAadhaar that will contain the photograph of the Aadhaar holder to facilitate better offline verification of an individual.A QR code is a form of a barcode which contains machine-readable information. eAadhaar is the electronic version of Aadhaar that can be downloaded from UIDAI website.
Lionel Messi named UN ambassador
The UN World Tourism Organization has appointed FC Barcelona’s Argentine star Lionel Messi as an ambassador to promote responsible tourism.The UN body defines “responsible tourism” as tourism that “helps maximise the sector’s benefits”. Responsible tourism minimises the negative impact of tourism on the environment, cultural heritage and societies across the globe.
India, Swaziland signed 2 agreements
India and Swaziland have signed two agreements in the field of Health and Medicine and Visa department on 9th April.One agreement deals with granting of the visa waiver for the diplomats and officials holding relevant passports. The other agreement is to ensure cooperation in the field of health and medicine. The agreements were signed in the presence of Indian President Ram Nath Kovind.
Indian men’s table tennis team strike gold
The men’s Table tennis team won the gold medal by beating Nigeria Table tennis team in Commonwealth Games 2018 at gold Coast.India put themselves ahead with the help of Sharath Achanta’s win over Bode Abiodun of Nigeria in the men’s singles event. This is India’s ninth gold medal at the  Games. India is now standing at the 3rd spot on the points table with 18 medals in total.
India baged first-ever gold in badminton
Indian mixed badminton team claimed the gold medal on day five of the 2018 Commonwealth Games in Gold Coast.India beat Malaysia on the back of strong shuttle play from Ashwini Ponnappa, Satwik Rankireddy, Kidambi Srikanth and Saina Nehwal. This is the country’s first mixed team badminton gold at any edition of the Commonwealth Games.

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