1 President Draupadi Murmu awarded the country’s highest civilian honor Bharat Ratna to senior leader LK Advani.
President Draupadi Murmu awarded the Bharat Ratna, the country’s highest civilian honour, to former Deputy Prime Minister and senior Bharatiya Janata Party leader Lal Krishna Advani . This honor was given to veteran leader Shri Advani by visiting his residence. Vice President Jagdeep Dhankhar, Prime Minister Narendra Modi, former Vice President Venkaiah Naidu, Defense Minister Rajnath Singh, Home Minister Amit Shah and family members of Mr Advani were present on the occasion.
2 Katchatheevu Island
Prime Minister Narendra Modi has criticized the Congress over the handing over of Katchatheevu island to Sri Lanka in 1974 . He said that the working system of Congress for 75 years has been to weaken the unity, integrity and national interest of the country. This uninhabited island has long been a point of dispute between India and Sri Lanka over fishing rights and sovereignty. Katchatheevu is a 285-acre uninhabited island in the Palk Strait between India and Sri Lanka , about 14 nautical miles from Rameshwaram, India. In the year 1974, Prime Minister of India Indira Gandhi and Sri Lanka’s Sirima R.D. Bandaranaike signed an agreement recognizing Katchatheevu as part of Sri Lankan territory, with the agreement resulting in a change in ownership of the territory. The agreement allowed Indian fishermen to fish around the island, drying their nets there, along with permission for Indian pilgrims to visit the Catholic shrine on the island.
3 Closing ceremony of Tiger Triumph 2024 held
The closing ceremony of the bilateral tri-service Humanitarian Assistance and Disaster Relief (HADR) exercise, Tiger Triumph 2024, between India and the US concluded on 30 March 2024. It was held at the US Navy ‘s San Antonio-class transport dock – Somerset . This exercise is a symbol of the strong strategic partnership between the two countries. It aims to share best practices and standard operating procedures in undertaking multinational humanitarian assistance and disaster relief (HADR) operations. The harbor phase was conducted from 18 to 25 March in Visakhapatnam. The maritime phase was conducted from 26 to 30 Mar 24 and included units from both countries involved in the maritime exercise. Troops arrived in Kakinada to establish a joint command and control center and a joint relief and medical camp for HADR operations. Cross deck helicopter operations involving UH3H, CH53 and MH60R helicopters were also conducted between Indian Navy and US Navy ships near Kakinada and Visakhapatnam.
4 Plastic Waste Management (Amendment) Rules, 2024
India’s Environment Ministry recently implemented new rules that will make it more difficult for manufacturers of disposable plastic products to label them as ‘ biodegradable ‘. As per the updated Plastic Waste Management (Amendment) Rules, 2024, it is now required that biodegradable plastics not only decompose through biological processes in specific environments, but also do not leave any microplastics behind . Biodegradable and compostable plastics are two broad categories of technological solutions to tackle the problem of plastic waste pollution.
- Biodegradable plastics are treated before being sold and when thrown away they are expected to decompose naturally over time, although no tests have yet been conducted to determine this. whether they decompose completely or not.
- Compostable plastics, on the other hand, do decompose but require industrial or large municipal waste management facilities.
The new amendments to the Plastic Waste Management (Amendment) Rules, 2024 define biodegradable plastics as substances that not only decompose through biological processes in specific environments such as soil or landfills, but also leave no microplastics behind. Don’t leave.
5 T+0 trading settlement cycle
Recently, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have introduced trading in the T+0 rolling settlement cycle in the equity segment on an alternative basis. This new settlement cycle allows same-day settlement of trades, in addition to the existing T+1 settlement cycle. The Securities and Exchange Board of India (SEBI) has issued operational guidelines for the launch of this short term settlement cycle. T+0 trading settlement cycle, also known as same day settlement, facilitates clearing and settlement of funds and securities on the same day of the trade. Under this cycle, settlement of trades will take place on the same day after T+0 market close. If investors sell any shares, they will get the money credited to their account on the same day, and the buyer will also get the shares in their demat account on the same day of transaction.
6 Multiple Myeloma Awareness Month
Multiple Myeloma Awareness Month is observed annually in March to raise awareness about a rare type of blood cancer that develops in the bones and other parts of the body. Multiple myeloma is a type of blood cancer that originates in plasma cells, a type of white blood cell found in the bone marrow. In myeloma patients, cancerous cells grow rapidly, crowding out healthy blood cells and causing a variety of health problems. These malignant cells also secrete abnormal proteins that can impair body functions, such as kidney function.
7 Xiaomi enters electric vehicle market with SU7
Chinese company Xiaomi has launched its first electric vehicle SU7 in Beijing . The company, known for its affordable smartphones and home appliances, is now entering the fiercely competitive electric vehicle (EV) sector in China, the world’s largest car market. According to media sources, the basic SU7 model will be priced at 215,900 yuan ($29,868) . This attractive and sporty vehicle will be available in nine colors and includes features like “ sound simulation ”, karaoke equipment and a mini-fridge to recreate the thrill of driving a sports car.
8 India records 16% decline in TB cases: Annual India TB Report
According to the Annual India TB Report , India has seen a 16% decline in tuberculosis (TB) incidence from 2015 to 2022 , which is higher than the global decline of 9% . The National TB Elimination Programme, Annual India TB Report 2024, also revealed that 25.55 lakh TB cases were notified last year , the highest since the launch of the National Tuberculosis Elimination Program (NTEP) in the 1960s . Uttar Pradesh recorded the highest number of TB cases compared to last year, followed by Bihar. Of the total notified cases, more than 8.4 lakh cases were from the private sector, showing an increase of 1.17% from 2022 and a significant increase from 2017. India has achieved a notification rate of about 179 cases per lakh population by 2023, which will reduce the coverage gap to 0.2 million. 63,939 cases of multidrug-resistant TB (MDR-TB) were diagnosed under the programme, highlighting its commitment to combating drug resistance. More than 20.5 crore individuals were screened for signs and symptoms of TB under active case-finding efforts in the year 2023. Of the total TB cases notified in 2023, 60.7% will be men, 39.2% women and 0.04% transgender.
9 Kotak Mahindra Bank acquires Sonata Finance
Kotak Mahindra Bank has acquired Sonata Finance . Kotak Mahindra Bank acquires 100 percent stake in Sonata Finance has purchased of Sonata Finance. The bank has given this information in the exchange filing. Now after this acquisition, Sonata Finance has become a wholly owned subsidiary of Kotak Mahindra Bank. Sonata operates across 10 states through 549 branches. Its ‘asset under management’ (AUM) as of December 31, 2023 was around Rs 2,620 crore. The effect of this purchase is also visible on the shares of Kotak Bank.
10 s. “From a Car Shed to the Corner Room and Beyond” by Raman
S. Raman ‘s autobiography, “ From a Car Shed to the Corner Room and Beyond ”, presents a first-person account of his remarkable journey from a clerk in SBI to becoming the Chairman and Managing Director of Canara Bank and a full-time member of SEBI . This book explores the complex dance between personal integrity, professional challenges, and systemic issues in the financial world.
11 SEBI cancels investment banking license of Karvy Investor Services
Market regulator SEBI has canceled the investment banking license of merchant banker Karvy Investor Services (KISL) . This order has been issued by SEBI today on 27th March. The market regulator, in its investigation, found that the merchant banker did not have the necessary infrastructure such as adequate office space, equipment and manpower to discharge its responsibilities. Not only this, the company did not have at least two persons in its employ who had experience in running the merchant banking business.
12 Indian tennis star Rohan Bopanna and his Australian partner Matthew Ebden won the men’s doubles title at the Miami Open.
Indian tennis star Rohan Bopanna and his Australian partner Matthew Ebden won the men’s doubles title at the Miami Open . The pair defeated Croatia’s Ivan Dodik and America’s Austin Krajicek 6-7, 6-3, 10-6. Bopanna, 44, has become the oldest player to win an ATP Masters title and the second Indian to reach the finals of all nine ATP Masters events . With this victory, he has also achieved the top position in the ATP rankings . . In a major upset in the women’s singles final, unseeded American player Danielle Collins defeated fourth seed Elena Rybakina 7-5, 6-3 to win the title. In tennis itself, the pair of Nikki Poonacha and Rithvik Bollipalli have won the men’s doubles title in the ATP San Luis Challengers. They defeated Swiss pair of Antoine Bellier and Marc-Andrea Heusler 6-3, 6-2 in the final. This is the first ATP Challenger title for this pair.
13 Experienced Kenyan all-rounder Collins Obuya announces retirement from cricket
Veteran Kenyan all-rounder Collins Obuya has announced his retirement from cricket after Kenya’s defeat to Uganda in the third-place play-off match at the African Games . A legspinning all-rounder, Obuya represented Kenya in 104 ODIs, scoring 2044 runs and taking 35 wickets. He is Kenya’s third-highest run-scorer in ODIs, having been stripped of his ODI status by the country in 2014. Obuya also holds the record as Kenya’s highest run-scorer in T20Is, with 1794 runs in 76 matches. Scored runs.
