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National

National

IIT Kharagpur to Adopt Amazon Web Services (AWS) Educate Programme

The Indian Institute of Technology (IIT) Kharagpur will adopt Amazon Web Services (AWS) Educate programme to help students gain cloud computing skills including hands-on experience in artificial intelligence (AI).

It will be introduced to provide AWS Cloud Computing experience and AI-enablement for all our students, irrespective of their branch of study.

The programme offers a robust set of no-cost tools, resources and AWS Promotional Credits for students and educators to boost their cloud skills and experience.

As part of AWS Educate, the students will gain access to 12 Cloud Career Pathways covering topics that are in demand by employers, such as machine learning, cybersecurity, and software development, each with over 30 hours of content.

Upon completion, learners will be eligible to receive an AWS Educate Certificate of Completion or an AWS Educate Badge.

KUSUM scheme to install grid connected solar plants in rural India.

The Indian government is in process of formulating ‘Kisan Urja Suraksha evam Utthan Mahabhiyan(KUSUM) scheme’ to harness solar power for rural India.

KUSUM will build 10,000 MW solar plant and

1.75 million off-grid agricultural solar pumps.

7th Women’s Science Congress inaugurated in Imphal.

The Women Science Congress, 2018 was inaugurated in the backdrop of the ongoing 105th Indian Science Congress on its third day being held at Manipur University, Imphal.

The first Women Science Congress was held in 2012.

Lok Sabha passes amendment to stonewall scrutiny of foreign poll funding.

The Lok Sabha has passed a bill that will exempt political parties from the scrutiny of funds they have received from abroad since 1976.

The Lok Sabha passed, amid chaotic protests by the opposition parties, 211 amendments to the Finance Bill 2018.

International

International

Worldwide Cost of Living Report 2018 released.

Singapore remains the most expensive city in the world, according to The Economist Intelligence Unit’s Worldwide Cost of Living report 2018.

Damascus, the capital of war-ravaged Syria, is the cheapest city for living in the world, followed by Venezuela’s capital Caracas.

1st India-Japan workshop on Disaster Risk Reduction inaugurated.

Dr. Rajiv Kumar, the Vice-Chairman of NITI Aayog, inaugurated the first India-Japan Workshop on Disaster Risk Reduction in New Delhi.

The two-day workshop is being jointly organized by the Ministry of Home Affairs, National Disaster Management Authority(NDMA) and Government of Japan. Prime Minister Modi is the Chairman of NDMA.

Vladimir Putin wins historic 4th term as Russian President.

Russian President Vladimir Putin stormed to victory in presidential election, giving him another six years in power.

Putin, who has ruled Russia for almost two decades, got more than 75% of the vote according to preliminary results.

Donald Trump calls for death penalty for drug dealers.

The White House has said that US President Donald Trump’s administration has called for tougher penalties for drug dealers including death penalty under current laws.

This is reportedly is a part of the government’s efforts to combat the country’s opioid crisis, which claimed more than 40,000 lives in 2016.

Banking&Finance

BANKING & FINANCE

RBI: No dilution on February 12 circular over stressed assets

 Reserve Bank of India maintained that there is no dilution in its stand regarding February 12 circular on stressed assets recognition and resolution.
Reserve Bank of India:
Governor-Shaktikanta Das
Headquarter-Mumbai

Informal WTO Ministerial meeting held in New Delhi.

Representatives from 50 countries gathered in New Delhi for a two-day Informal World Trade Organisation(WTO) ministerial meeting.

According to the Ministry of Commerce and Industry, the informal meeting of ministers will provide an opportunity to engage in free and frank discussions with the hope that it will lead to political guidance on some major issues.

Sports

SPORTS

K T Irfan named as first Indian athlete to be chosen for Tokyo Olympics 2020

29-year-old Indian athlete from Kerala, K.T. Irfan has qualified for the Tokyo Olympics as he finished fourth in the men’s 20 kilometer category at the Asian Race Walking Championships in Nomi, Japan.

He holds the national record of 1:20:21 which he achieved during his 10th place finish at the 2012 Olympics in London.

He also qualified for 2019’s World Championships that is to be held in Doha,Qatar as he bettered the qualifying mark of 1:22:30.

Diksha became the 2nd Indian golfer to win Ladies European Tour

18 year old,Indian woman golfer Diksha Dagar became the 2nd Indian winner on Ladies European Tour after clinching South African Women’s Open in Cape Town.

She follows Aditi Ashok, who in 2016 became the first Indian to win on the Ladies European Tour after clinching Hero Women’s Indian Open in Gurugram.

MIscellaneous

AWARDS & RECOGNITIONS

Convention of War Decorated India held in Chandigarh

The two-day national convention of War Decorated India was held at the Manekshaw Auditorium in Chandimandir, the headquarters of the Western Command, near Chandigarh and was attended by some living gallantry award winners and relatives of the deceased awardees. Next of kin, relatives of the awardees were felicitated at the convention.

Chief of Staff Western Command Lt General P.N. Bali addressed the convention.

Among Victoria Cross awardees, the relatives of Late Naib Subedar Nand Singh (Sikh Regiment), Late Subedar Ram Sarup Singh (1 Punjab) and Late Badlu Ram (Cavalry) were felicitated.

Among Param Vir Chakra awardees, relatives of Late Col. Hoshiar Singh (Grenadiers) and Late Subedar Joginder Singh (Sikh Regiment) were felicitated.

Among Maha Vir Chakra awardees those felicitated were the relatives of late Brigadier N.S. Sandhu (Dogra), late Brigadier K.S. Chandpuri (Punjab Regiment), late Lt General Gowry Shankar (Signals), late Lt Ved Prakash Trehan (Rajputana Rifles), late SepoyAnusuya Prasad (Mahar Regiment) and late Porter Mohammed Ismail (Punjab Regiment Civilian Porter) .

APPOINTMENTS & RESIGNS

Kotak Mahindra Bank has appointed KVS Manian, Gaurang Shah as board directors 

KVS Manian and Gaurang Shah appointed as Kotak Mahindra Bank’s  whole-time directors for a three-year term effective from the date of approval from the Reserve Bank of India.
About Kotak Mahindra Bank
♦ Headquarters: Mumbai
♦ FounderUday Kotak
♦ Founded: February 2003
♦ App: Kotak 811

SCIENCE & TECHNOLOGY

Astronomers discovers 83 supermassive black holes from early universe

Astronomers have discovered 83 quasars powered by supermassive black holes 13 billion light-years away from the Earth, from a time when the universe was less than 10% of its present age.

The finding, published in the Astrophysical Journal, increases the number of black holes known at that epoch (a particular period of time in history or a person’s life) considerably, and reveals, for the first time, how common they are early in the universe’s history.

The team used data taken with ‘Hyper Suprime-Cam’ (HSC) instrument, mounted on the Subaru Telescope of the National Astronomical Observatory of Japan.

Thought of the Day.

“If you have good thoughts they will shine out of your face like sunbeams and you will always look lovely.” 

“Quiz based on Daily Current Affairs 18 MARCH 2019”

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