1.India To Lead the world in Smartphone Adoption During 2016-2020: GSMA Report :-
According to the GSM Association report released in Barcelona, India will lead the world in Smartphone adoption with a net addition of 350 million connections in 2016-20.
2.IMF Reaches Preliminary Agreement with Ukraine :-
The International Monetary Fund reached a preliminary agreement with Ukraine on an updated Memorandum of Economic and Financial Policies on March 4, 2017.
3.China hikes defence budget to $150 billion :-
People’s Republic of China has increased its defence budget by 7% for 2017, the lowest increase in seven years and second year in row.
4.IRDAI Proposes 50% Hike In Motor Insurance Premium From April 1 :-
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed to increase the insurance premium to 50 percent for cars, motor cycles as well as commercial vehicles from April 1.
5.PAC Favors Naming and Shaming of Corporate Houses to Deal with NPA :-
K V Thomas, Chairman of Public Accounts Committee (PAC) has come out with a solution of “Naming and Shaming” big corporate houses which default on repayment of bank loans to help financial institutions get back their money.
6.China sets 2017 GDP growth target at around 6.5% :-
National People’s Congress, (NPC) of China has set its GDP growth target at around 6.5 per cent for 2017, compared with a target range of 6.5 to 7 per cent last year.
7.Facebook Launches ‘SheLeadsTech’ to Support Women Founded Startups in India :-
Social networking giant Facebook has launched a new initiative named SheLeadsTech to support startups which are founded or co-founded by women population.
8.Ola Signs MoU with MP Government to Train 25,000 People :-
Online cab aggregator Ola has signed MoU with Government of Madhya Pradesh on March 4, 2017 to impart training to 25,000 youths in the state.
The MoU was signed between Madhya Pradesh State Skill Development Mission (MPSSDM) and Directorate of Skill Development (Technical Education & Skill Development Dept).
9.M P Veerendra Kumar Presented Moortidevi Award:-
Eminent Malayalam author and journalist M P Veerendra Kumar was presented the 30th Moortidevi award by Bharatiya Jnanpith organisation in Kozhikode Kerala.
- 101st Birth anniversary of Biju Patnaik observed in Odisha
Odisha observed the 101st birth anniversary of former Chief Minister Biju Patnaik on March 5, 2017.
