Current Affairs

3 March, 2021

International

Global energy-related CO2 emissions fell by 5.8% in 2020 due to Pandemic : IEA

According to data released by the International Energy Agency (IEA), Global energy-related CO2 emissions declined by 5.8% or 2 Billion Tonnes in 2020 due to the Pandemic. It is the largest annual percentage decline since World War II. More than 50% of the total global drop in CO2 emissions in 2020 was due to the decline in CO2 emissions from oil use in the Transport & aviation sectors. The Primary energy demand also fell by nearly 4% in 2020.

One in four people will have hearing problems by 2050: WHO’s 1st Report on Hearing

i.The World Health Organization’s (WHO) released its first World Report on Hearing stating that nearly 2.5 billion people worldwide or 1 in 4 people will suffer from hearing problems by 2050.
ii.At present one in five people worldwide have hearing problems. If the issue is not properly addressed, there will be a loss of trillion US dollars every year.
iii.In order to overcome this scenario, the report proposed measures, which would cost $1.33 per person per year.
About World Health Organization (WHO):
Director General– Tedros Adhanom Ghebreyesus (Ethiopia)
Headquarters– Geneva, Switzerland

National

Saras Aajeevika Mela 2021 at Noida Haat to Bring Rural Women SHGs Under One Platform

Saras Aajeevika Mela 2021 at Noida Haat to Bring Rural Women SHGs Under One Platform

MoHUA launches Field Assessment of Swachh Survekshan 2021

Durga Shanker Mishra, Secretary of Ministry of Housing and Urban Affairs (MoHUA) launched the field assessment for the 6th Edition of the Annual Cleanliness Survey ‘Swachh Survekshan 2021 (SS2021)’ (urban) in New Delhi. The Survey (face-to-face citizen’s feedback) will take place between January 4-31 every year but the same is set to be conducted between March 1-28, 2021 due to pandemics. In SS2021, apart from ranking cities & states, districts are also set to be ranked (based on performance of their cities).

MTRC System Commissioned in Trains ; First of its Kind in Indian Railways

i.The National Stock Exchange of India Limited (NSE India) signed a Memorandum of Understanding(MoU) to set up a market infrastructure institution which consists of International Bullion Exchange(IBX), clearing corporation and depository, at the Gujarat International Finance Tec (GIFT) City in Gujarat.
ii.The other signatories were Multi Commodity Exchange of India Ltd, India INX International Exchange Ltd, National Securities Depository Ltd and Central Depository Services (India) Ltd.
About National Stock Exchange (NSE):
NSE is India’s largest Financial market, and world’s largest derivatives exchange in terms of contracts traded.
Managing Director & CEO– Vikram Limaye
Incorporated in 1992
Headquarters– Mumbai, Maharashtra

MTRC System Commissioned in Trains ; First of its Kind in Indian Railways

MTRC System Commissioned in Trains ; First of its Kind in Indian Railways

Economy

World Bank plans $100-mn Guarantee Scheme for Solar Rooftop Projects

In order to boost India’s rooftop solar programme, the World Bank (WB) is planning to launch a $100-million ($1 billion) credit guarantee scheme along with the State Bank of India (SBI) and the MSME ministry. This scheme will enable micro, small, and medium enterprises (MSMEs) and those firms which do not meet the lending criteria of banks and other financial institutions to avail concessional debt financing for setting up rooftop solar units. World Bank has supported India’s green economy finance and in 2016 had launched a $625 million lending programme with SBI for rooftop solar units for the commercial, industrial, and institutional sectors.

SBI Mutual Fund launched its 1st overseas fund “SBI International Access – US Equity”

i.The State Bank of India (SBI) Mutual Funds has launched its first overseas offering namely “SBI International Access-US Equity FoF” which is an open-ended Fund of Fund (FoF) scheme that would invest in mutual fund schemes /ETFs (exchange traded fund) that invest in the United States (US) markets. The offering will close on March 15, 2021.
ii.The scheme will invest 95-100% of its net assets in Amundi Funds – US Pioneer Fund which invest predominantly in the US markets.

SEBI eases Listing Rules for IPOs of Large Companies

i.The Securities and Exchange Board of India (SEBI) during its board meeting eased the listing norms for large companies by enabling them to divest minimum 5% in the IPO (Initial public offering), instead of 10%. Also, for raising the public float to 25%, the term has increased to 5 years instead of 3 years.
ii.This move will encourage large firms to opt for listing.
iii.The meeting was also attended by Union Minister Nirmala Sitharaman, Ministry of Finance and Minister of State (MoS) Anurag Thakur.
About Securities and Exchange Board of India (SEBI):
Establishment– 1992
Chairman– Ajay Tyagi
Headquarter– Mumbai, Maharashtra

Sports

Ministry of Youth Affairs & Sports Restored the Recognition of GFI after 10 years

The Ministry of Youth Affairs and Sports restored the recognition of the Gymnastics Federation of India(GFI) as National Sports Federation after a decade. The recognition granted by the Ministry with immediate effect is for the period till 31st December 2021.

Miscellaneous

Evan Osnos’s New Book “Joe Biden: American Dreamer” a Biography of Joe Biden

National Book Award Winner Evan Osnos has authored a new Book “Joe Biden: American Dreamer” a biography of American President, Joe Biden that features both the personal and public life of Joe Biden. The book is published by Bloomsbury Publishing.
About Evan Osnos:
i.Evan Osnos worked as a staff writer in The New Yorker covering politics and foregin affairs.
ii.He has worked for the Chicago Tribune as Beijing bureau chief, he has also worked in the Middle East, reporting from Iraq.

Author Shrabani Basu’s New Book “The Mystery of the Parsee Lawyer” to be Released

“The Mystery of the Parsee Lawyer: Arthur Conan Doyle, George Edalji and the Case of the Foreigner in the English Village” the new book authored by Shrabani Basu is set to be released on 3rd March 2021. The book is published by Bloomsbury Publishing.
About Shrabani Basu:
i.Shrabani Basu, a journalist and the bestselling author of Sunday times, hails from Calcutta.
ii.She set up the Noor Inayat Khan Memorial Trust to ensure that Noor’s story and sacrifice were preserved for the next generation which was unveiled by Princess Anne in 2012.
iii.In 2020 the English Heritage invited her to unveil the blue plaque of Noor Inyat Khan in London.
Books:
Her well-known works includes the For King and Another Country: Indian Soldiers on the Western Front 1914-18, Victoria & Abdul: The True Story of the Queen’s Closest Confidant, Spy Princess: The Life of Noor Inayat Khan and Curry: The Story of the Nation’s Favourite Dish.

Mukesh Ambani becomes 8th Richest in the World, Elon Musk tops the list: Hurun Global Rich List 2021

According to Hurun Global Rich List 2021, Chairman of Reliance Industries (RIL), Mukesh Ambani with a wealth of USD 83 Billion (~ INR 6 Lakh Crore) became the 8th Richest Person in the World. The List was topped by Elon Musk (CEO of Tesla), Jeff Bezos (CEO of Amazon) & Bernard Arnault (CEO of LVMH-Louis Vuitton).

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Daily Current Affairs | 17th April 2021

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