Current Affairs Today 19th March 2020| Current Affairs News

By Ameena Ameena - Mar 19 2020

Dear Readers, Daily Current Affairs News Updates about the National and International events were listed here. Read Current Affairs here and stay updated with current news. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this and try Current Affairs Quiz to test your knowledge level.

Daily Current Affairs PDF of 19th March 2020

CURRENT AFFAIRS: DAYS

Global Recycling Day

  • Global Recycling Day is observed every year on March 18th.
  • Global Recycling Daywas created in 2018 to help recognize, and celebrate, the importance recycling plays in preserving our precious primary resources and securing the future of our planet.
  • Thetheme for the third Global Recycling Day is Recycling Heroes.
  • It aims to recognise the people, places and activities that showcase how the ‘Seventh Resource’ andrecycling contribute to an environmentally stable planet and a greener future for all.

CURRENT AFFAIRS: NATIONAL

Rajya Sabha passes National Commission for Indian System of Medicine Bill 2019

  • Rajya Sabha passed both the National Commission for Indian System of Medicine Bill 2019 and the National Commission for Homoeopathy Medicine Bill 2019 . Both the bills were passed by voice vote.
  • Union minister for AYUSH Shripad Yesso Naik stated, the two bills aim at providing a quality and affordable medical education system ensuring high quality medical professionals in Indian System of Medicine and Homeopathy, in all parts of the country.
  • He stated, the Commission will also ensure adoption of latest medical research in the work of such professionals. The minister emphasised that it was only due to the strong will and vision of Prime Minister Narendra Modi that the ministry of AYUSH was created in 2014.

CURRENT AFFAIRS: INTERNATIONAL

Sri Lanka gets USD 500 million loan from China as financial aid

  • China has provided USD 500 million loan to Sri Lanka from its development bank to help the country’s economy.
  • China’s Central Bank this week reduced policy interest rates in view of the anticipated coronavirus impact. The Central Bank has felt the urgent need to support economic activity with the rapid global spread of the COVID-19 pandemic and its possible further spread in Sri Lanka, a statement stated.
  • China is already one of the biggest investors in various infrastructure projects in Sri Lanka. But there has been criticism, both locally and internationally, and growing concerns that China has lured Sri Lanka into a debt trap
About Sri Lanka:
  • Capitals: Colombo, Sri Jayawardenepura Kotte
  • Currency: Sri Lankan rupee
  • President: Gotabaya Rajapaksa
  • Prime minister: Mahinda Rajapaksa

CURRENT AFFAIRS: BANKING AND FINANCE

ECB launches €750 billion ‘pandemic emergency’ bond-buying scheme

  • The European Central Bank announced a surprise 750-billion-euro scheme to purchase government and corporate bonds, as it joined other central banks in stepping up efforts to contain the economic damage from the coronavirus.
  • The so-called Pandemic Emergency Purchase Programme comes just six days after the ECB unveiled a big-bank stimulus package that failed to calm nervous markets, piling pressure on the bank to open the financial floodgates.
  • The USD 820-billion asset purchasing scheme will be temporary and be concluded once the bank “judges that the coronavirus Covid-19 crisis phase is over, but in any case not before the end of the year”, it stated in a statement.
  • The decision came after the bank’s 25-member governing council held emergency talks by phone late into the evening.
  • The ECB stated it was “committed to playing its role in supporting all citizens of the euro area through this extremely challenging time“.
  • The governing council will do everything necessary within its mandate, it stated, adding that the size of the asset purchases could be increased if needed.
  • It also stated it stood ready to relax some self-imposed restrictions on bond purchases to potentially help countries like Italy whose bond yields have soared over the coronavirus panic.
  • Critics had in recent days slammed the ECB for not doing enough to support the eurozone compared to the drastic action taken by the US Federal Reserve.But the immediate reaction from analysts was positive
About European Central Bank:
  • The European Central Bank is the central bank for the euro and administers monetary policy within the Eurozone, which comprises 19 member states of the European Union and is one of the largest monetary areas in the world.
  • Headquarters: Frankfurt, Germany
  • President: Christine Lagarde

Nabard pegs Karnataka’s credit potential at Rs.2.44 lakh cr for fiscal 2020-21

  • The National Bank for Agriculture and Rural Development (Nabard) has projected a credit potential of ₹2,44,56,428.64 crore for financial year 2020-21 for
  • In the State Focus Paper (SFP), submitted to Chief Minister BS Yediyurappa , it has pegged the total credit potential at ₹1,45,79,750.50 crore for agriculture.
  • “The credit potential for agriculture includes main components such as: crop loan ₹85,21,102.90 crore, water resources ₹4,57,241.11 crore, plantation and horticulture ₹8,92,340.11 crore and for dairy development ₹5,65,664.10 crore,” stated PVS Suryakumar, Chief General Manager, Karnataka-RO, Nabard.
  • Talking on Farmer Producers Organisations, he stated in Karnataka there are more than 400 FPOs promoted by various agencies. Nabard has promoted 242 FPOs in the State.
  • Nabard has also provided refinance assistance to banks in Karnataka for both Short-Term Crop Loan and Long-Term Loans amounting to ₹81,451 crore during the last five years.
  • For infrastructure development in rural areas in Karnataka, Nabard has provided an assistance of ₹14,150 crore
About Nabard:
  • Founded: 12 July 1982
  • Headquarters: Mumbai
  • Agency executive: Harsh Kumar Bhanwala (Chairperson)

ADB announces $6.5 bn package for developing member countries

  • The Asian Development Bank (ADB) announced a $6.5 billion package for its developing member countries to fight the coronavirus pandemic.
  • The initial package has been announced to address the immediate needs of developing member countries (DMCs) as they respond to the Covid-19 pandemic, ADB stated in a statement.
  • Manila-headquartered ADB works towards sustainable development and poverty eradication in Asia and the Pacific region.
  • ADB will further strengthen its close collaboration with the International Monetary Fund, the World Bank, regional development banks, the World Health Organization and major bilateral funding agencies, including the Japan International Cooperation Agency.
  • It will also include the US Centers for Disease Control and private sector organisations, to ensure effective implementation of its COVID-19 response.
  • ADB stated it will seek adjustment in its financing instruments and business processes to provide the support package for its developing member countries (DMCs) as quickly and flexibly as possible.
  • Subject to approval by ADB’s board of directors, this will include faster access to emergency budget support for economies facing severe fiscal constraints, streamlined procedures for policy-based lending, and universal procurement with flexible and faster processes, the release stated.
  • This initial package of $6.5 billion includes around $3.6 billion in sovereign operations for a range of responses to the health and economic consequences of the pandemic and $1.6 billion in non-sovereign operations for micro, small and medium-sized enterprises, domestic and regional trade, and firms that are directly impacted.
  • ADB stated it will also mobilise about $1 billion in concessional resources through reallocations from ongoing projects and assessing possible needs for contingencies.
  • ADB will make available USD 40 million in technical assistance and quick-disbursing grants it added.
  • Since its first response to the COVID-19 situation on February 7, ADB already provided more than $225 million to meet urgent needs of both governments and businesses in DMCs
About ADB:
  • Headquarters: Mandaluyong, Philippines
  • President: Masatsugu Asakawa
  • Membership: 68 countries
  • Founded: 19 December 1966

RBI to infuse Rs.10,000-cr liquidity via OMOpurchase, says financial conditions tightening

  • The Reserve Bank of India (RBI), stated it will conduct open-market operations (OMO) entailing purchase of four government securities (G-Secs) aggregating ₹10,000 crore on March 20 to infuse liquidity in the banking system in the wake of tightening financial conditions and hardening yields.
  • When it announced the OMO, the RBI specifically referred to certain financial market segments experiencing a tightening of financial conditions as reflected in the hardening of yields and widening of spreads in the wake of Covid-19 pandemic risks.
  • The central bank emphasised that it is important to ensure that all market segments remain liquid and stable and function normally.
  • This OMO purchase announcement comes even as the central bank, on March 16, announced that it will conduct additional Long-Term Repo Operations (LTROs) to infuse liquidity in the banking system for up to a total amount of Rs.1-lakh crore at the policy repo rate beginning March 18.
  • Meanwhile, at the LTRO conducted for a notified amount of Rs.25,000 crore with a three-year tenor, the RBI received 21 bids aggregating Rs.27,096 c It accepted bids aggregating Rs.25,012 crore
About Reserve Bank of India (RBI):
  • Headquarters– Mumbai, Maharashtra
  • Formation– 1 April 1935
  • Governor– Shaktikanta Das
  • Deputy Governors– 3 (Bibhu Prasad Kanungo, Mahesh Kumar Jain, Michael Debabrata Patra)

YES Bank gets Rs 60k-cr line of credit from RBI to resume operations

  • The Reserve Bank of India (RBI) has extended a credit line of Rs 60,000 crore to YES Bank to ensure that the bank is able to meet its obligations to depositors as it resumed its full-service operations, according to sources familiar with the development.
  • RBI Governor Shaktikanta Das had stated the regulator was ready to offer liquidity if required.
  • YES Bank has enough liquidity to meet any requirements. If required, the RBI will provide necessary liquidity support to it, he stated.
  • However, this is a case of the RBI being the “lender of the last resort”, and, in accordance with the terms of the arrangement, the bank will have to use its immediate liquid assets before it can touch the credit line, sources stated. This is perhaps for the first time that the RBI has come with such an arrangement
About yes bank :
  • Founder : Rana kapoor
  • Head quarters : Mumbai Maharashtra
  • MD and CEO: Prashant Kumar
  • Sunil Mehta, the non executive chairman of Yes Bank, Mahesh Krishnamurthy and Atul Bheda as non-executive directors of Yes Bank

CURRENT AFFAIRS: BUSINESS AND ECONOMY

AI chat bot ‘Maya’, a handy tool for Clix customers

  • At a time of social distancing due to the outbreak of coronavirus, Clix Capital Services, a digital lender, has come up with ‘Maya’, an AI-enabled chat bot to enhance customer experience.
  • This chat bot is expected to help customers engage with Clix for a variety of activities, including EMI-related queries, and avail cross-sell offers besides servicing.
  • Because it is conversational and not menu-based, customers can easily engage with bot than on a binary machine or a human being. In the current unfortunate environment of coronavirus when physical contact could be avoided, the bot will come significantly handy for a company like Clix to take it forward, stated Gupta.
  • The bot will give customers a 360 degree view on what will be available and eventually the company plans to put in place multiple bots (such as servicing bots)

TCS again overtakes Reliance Industries to become most valued firm by market capitalization

  • Tata Consultancy Services went past Reliance Industries Limited yet again to become the most valued Indian firm by market valuation.
  • At close of trade on the BSE, the market capitalisation (m-cap) of TCS was at Rs 6,19,499.95 crore, which is Rs 5,320.02 crore more than that of RIL’s Rs 6,14,179.93 crore valuation. RIL shares witnessed selling pressure, falling 3.97 per cent to close the day at Rs 968.85.
  • Reliance shares came under massive selling pressure amid plunge in international oil prices. In just about four months, Reliance Industries m-cap has slumped from the highs of Rs 10 lakh crore it hit in November last year.
  • RIL and TCS have in the past also competed with each other for the number one position in terms of market capitalisation. At close of trade , the market capitalisation chart was topped by TCS followed by RIL, HDFC Bank, HUL and HDFC. The m-cap figure of companies changes daily with the movement in their stock prices
About Tata Consultancy Services 
  • CEO: Rajesh Gopinathan
  • Headquarters: Mumbai
  • Founders: Faquir Chand Kohli, J. R. D. Tata, Tata Sons

CURRENT AFFAIRS: MOU

IIT-Kanpur, L&T Technology Services Sign MoU for Research in Cyber Security Programs

  • Indian Institute of Technology (IIT) Kanpur or IITK and L&T Technology Systems (LTTS) have signed a multi-year Memorandum of Understanding (MoU) recently to co-operate in areas of research in industrial and infrastructure cyber security.
  • IIT Kanpur has taken the lead in cyber security by setting up the Interdisciplinary Centre for Cyber Security and Cyber Defence of Critical Infrastructures (C3i).
  • The inspiration behind establishing C3i at IIT Kanpur is to do research, education, training, and to explore and exploit the latest trends in cyber security to create technological safe guards and protect critical infrastructure.
  • The MoU will also give LTTS access to IIT-Kanpur’s cutting-edge test bed for critical infrastructure.
  • According to MoU the CoE will be a part of IIT-Kanpur’s C3i Center, a Government of India-funded one-of-a-kind cyber security research center, which was developed to work on solutions and technologies to protect India’s Strategic and Critical Utility Infrastructure

CURRENT AFFAIRS: RANKING

India ranks second in probes on foreign bribery, enforcement drags globally

  • Enforcement actions globally slowed down in 2019 against trans-national bribery cases, but India is at the second place after Brazil in terms of the number of investigations concerning alleged bribery of domestic officials by foreign firms, a report stated.
  • China showed the highest prevalence of alleged bribery by foreign firms, followed by Iraq, Brazil, Nigeria and India, as per the 10th Annual Global Enforcement Report of TRACE International, a non-profit business association that tracks trends in global anti-bribery investigations and enforcement.
  • The report stated 2019 was a relatively slow year for enforcement actions in transnational bribery cases.
  • Both global and US enforcement numbers in cases involving bribery of foreign officials dropped, with a 19 per cent decrease in US enforcement actions and a 45 per cent dip in non-US enforcement actions, the data showed.
  • While the financial services industry remained a focus for US anti-bribery enforcement authorities, companies in the extractive industries faced the most US investigations in 2019

CURRENT AFFAIRS: APPOINTMENTS AND RESIGNATION

Iraqi President Salih appoints Adnan al-Zurfi as new PM-designate

  • Iraqi President Barham Salih has appointed Adnan al-Zurfi as the country’s new prime minister-designate in the latest bid to resolve a months-long political crisis.
  • Al-Zurfi would replace caretaker Prime Minister Adel Abdul Mahdi, who quit in December following widespread mass demonstrations against a government that protesters see as corrupt, failing to provide them with basic services, and beholden to powerful neighbouring Iran.
About Iraq
  • Capital– Baghdad
  • Currency– Iraqi dinar

Bajaj Auto board approves re-appointment of Rajiv Bajaj as MD, CEO

  • Bajaj Auto board has approved the re-appointment of Rajiv Bajaj as Managing Director and CEO of the company.
  • Rajiv Bajaj, Managing Director and CEO of the company, whose five-year term expires on March 31, 2020, has been re-appointed for a further period of five years with effect from April 1, 2020.

About Bajaj Auto

  • Headquarters- Pune Maharashtra
  • Founded- November 29, 1945
  • Founder- Jamnalal Bajaj

HSBC appoints Noel Quinn permanent chief executive

  • HSBC has appointed Noel Quinn as its permanent chief executive.
  • Quinn had been serving as interim CEO since August 2019, after the unexpected resignation of John Flint from the post.
  • Mr Quinn had been working with the bank for over 30 years, after joining the lender in 1987
About HSBC
  • HQ- London, United Kingdom

Google Cloud appoints Karan Bajwa as India MD

  • Google has appointed former IBM executive, Karan Bajwa as Managing Director of Google Cloud in India.
  • He will be responsible for driving all revenue and go-to-market operations for Google Cloud’s portfolio that includes Google Cloud Platform and G Suite.
  • Bajwa will also work towards Google Cloud’s engagement with the local developer ecosystem and India-based Global System Integrators (GSIs).
About Google Cloud India
  • Incorporated- 22 June 2016
  • Headquarters- Gurugram

Former Air India CMD Ashwani Lohani Appointed Chairman of AP Tourism Development Corporation

  • The Andhra Pradesh government appointed former CMD of Air India Ashwani Lohani as the Chairman of the AP Tourism Development Corporation.
  • The appointment is for a period of one year, Lohani had previously served as CMD of India Tourism Development Corporation and also Chairman of Railway Board.
  • He is the second former bureaucrat brought in from New Delhi for a key post in the state, with the rank of a Cabinet minister

CURRENT AFFAIRS: AWARDS AND HONOURS

Konark Sun Temple To Be Included In ‘Iconic Sites’ List

  • The famous Black Pagoda, the Sun temple in Konark in Puri district of Odisha is to be included to the ‘Iconic Sites’ list of 19 monuments, informed Union Culture and Tourism Minister Prahlad Singh Patel.
  • The Statue of Unity in Gujarat and the Sun temple in Odisha will be included to the list as the total number of monuments in the list is to be raised from 17 to 19.
  • A total of 17 iconic tourist sites were identified by the government of India in 2019. It includes- Taj Mahal and Fatehpur Sikri (Uttar Pradesh), Ajanta and Ellora (Maharashtra), Humayun’s Tomb, Red Fort and Qutub Minar (Delhi), Colva (Goa), Amer Fort (Rajasthan), Somnath and Dholavira (Gujarat), Khajuraho (Madhya Pradesh), Hampi (Karnataka), Mahabalipuram (Tamil Nadu), Kaziranga (Assam), Kumarakom (Kerala) and Mahabodhi Temple (Bihar).
About Ministry of Tourism
  • Minister of State (Independent Charge) of Ministry of Culture Tourism– Prahlad Singh Patel.
  • Constituency-LS Madhya Pradesh

CURRENT AFFAIRS: SUMMITS AND CONFERENCE

World Cities Summit

  • The 7thWorld Cities Summit will be held from 5 to 9 July 2020, in conjunction with the 9th Singapore International Water Week and 5th Clean Enviro Summit Singapore, at the Sands Expo & Convention Centre, Marina Bay Sands, in Singapore.
  • The theme for WCS 2020 is ”Livable and Sustainable Cities: Adapting to a Disrupted World”.
    The biennial World Cities Summit (WCS) is an exclusive platform for government leaders and industry experts to address liveable and sustainable city challenges, share integrated urban solutions and forge new partnerships.
  • Jointly organised by Singapore’s Centre for Liveable Cities (CLC) and the Urban Redevelopment Authority (URA), key highlights of the Summit include the WCS Mayors Forum, the Lee Kuan Yew World City Prize and the WCS Young Leaders Symposium.
About Singapore
  • Capital– Singapore
  • Currency-Singapore dollar
  • President– Halimah Yacob

CURRENT AFFAIRS: SCIENCE AND TECHNOLOGY

WhatsApp launches COVID-19 information hub with WHO; grants $1mto IFCN for fact-checking

  • WhatsApp announced the launch of two initiatives in support of the global fight against the Coronavirus pandemic. The first initiative is the global launch of the “WhatsApp Coronavirus Information Hub” in partnership with the World Health Organization, United Nations International Children’s Emergency Fund (UNICEF), and the United Nations Development Program.
  • While the second initiative is the enhancement of fact-checking network to counter fake news and rumours around coronavirus. WhatsApp donated $1m to the Poynter Institute’s International Fact-Checking Network (IFCN), as per the company’s official release.
  • The WhatsApp Coronavirus Information Hub was launched on whatsapp.com/coronavirus to provide guidance for health workers, educators, community leaders, nonprofits, local governments and local businesses that rely on WhatsApp to communicate. The site also offers general tips and resources for users around the world to reduce the spread of rumours and connect with accurate health information.
  • WhatsApp is also working with the UNDP, WHO, and UNICEF to provide messaging hotlines for people around the world to use directly. These hotlines will provide reliable information and will be listed on the WhatsApp Coronavirus Information Hub

CURRENT AFFAIRS: BOOKS AND AUTHORS

Bhalchandra Mungekar’s book “My Encounters in Parliament”

  • The book “My Encounters in Parliament” by Bhalchandra Mungekaran Indian economist, former member of Rajya Sabha, was released in the presence of former Vice President- Hamid Ansari.
  • Bhalchandra Laxman Mungekar is an Indian economist, educationist, Social worker and Rajya Sabha member.He specialises in agricultural economics and is an expert on B. R. Ambedkar

Gadkari presents ‘Invincible – A Tribute to Manohar Parrikar’ to President

  • Union Minister Nitin Gadkari presented a copy of the book — ‘Invincible – A Tribute to Manohar Parrikar’ — to President Ram Nath Kovind.
  • The “Invincible – A Tribute to Manohar Parrikar” was authored by Tarun Vijay.
  • Manohar Parrikar is a former Chief minister of Goa and also as a Defence Minister of India who passed away

CURRENT AFFAIRS: DEFENCE

Indian Navy sets up Quarantine Facility at Visakhapatnam

  • In an effort to augment Nation’s fight against the spread of CoViD-19, Indian Navy has set up a Quarantine Camp at INS Vishwakarma in Eastern Naval Command (ENC) for Indian nationals being evacuated from CoViD 19 affected countries.
  • The Quarantine Camp is fully equipped to accommodate nearly 200 personnel with all suitable facilities and other arrangements.
  • The evacuated personnel in the camp will be closely monitored to ensure Social Distancing and under medical supervision in accordance with the protocols laid down by the Department of Health & Family Welfare, Govt. of India by a team of naval personnel and medical professionals of ENC.
  • As a precautionary measure, the evacuated persons would be kept under quarantine for a period of fourteen days. ENC is proactively coordinating with the Health Officials from State and District Administration to ensure adequate preventive care is provided to all evacuated personnel and to prevent the spread of the virus
About Indian Navy:
  • The Indian Navy is the naval branch of the Indian Armed Forces. The President of India is the Supreme Commander of the Indian Navy. The Chief of Naval Staff, a four-star admiral, commands the navy.
  • Vice Chief of the Naval Staff (VCNS): Vice Admiral G Ashok Kumar, AVSM, VSM
  • Chief of the Naval Staff (CNS): Admiral Karambir Singh, PVSM, AVSM
  • Deputy Chief of the Naval Staff (DCNS): Vice Admiral M. S. Pawar, AVSM, VSM

DAC approves procurement of 83 indigenous Tejas fighter aircraft for Indian Air Force

  • Defence Acquisition Council approved procurement of 83 indigenous Tejas fighter aircraft for Indian Air Force. The Light Combat Aircraft Tejas is going to be the backbone of Indian Air Force in future.
  • While orders of 40 Tejas aircraft had been placed with HAL in initial configurations, DAC paved the way for the procurement of another 83 of the more advanced version of the aircraft from HAL.
  • This procurement will be a major boost to Make in India as the aircraft is indigenously designed. The Defence Acquisition Council also accorded approval for acquisition of indigenous Defence equipment for about 1,300 crore rupees

About Defence Acquisition Council:

  • The Defence Acquisition Council is the highest decision-making bodyin the Defence Ministry for deciding on new policies and capital acquisitions for the three services (Army, Navy and Air Force) and the Indian Coast Guard.
  • The Minister of Defenceis the Chairman of the Council.
  • It was formed, after the Group of Ministers recommendations on ‘Reforming the National Security System’, in 2001, post Kargil War (1999)

CURRENT AFFAIRS: OBITUARY

Roger Mayweather, legendary boxing figure passed away

  • Roger Mayweather, the former legendary trainer and uncle of Floyd Mayweather Jr., has passed away at the age of 58.
  • Mayweather was a world champion boxer himself, holding the WBA and lineal super featherweight titles from 1983-1984 and the WBC light welterweight title from 1987-1989

 DAILY CA 18TH MAR

  • Ordnance Factories Day–18th March
  • Financial benefit under PM- Kisan Samman Nidhi Yojana released to 8,69,79,391 beneficiaries: Agriculture Minister
  • World Bank increases COVID-19 response funding to 14 bln USD
  • US Africa Command cancels annual military exercise African Lion 
  • S&P lowers India’s growth forecast to 2 per cent
  • RBI to regulate activities of payment aggregators
  • DBS Bank, Bharti AXA join hands for insurance plan covering coronavirus
  • Indian Bank board approves share swap for Allahabad Bank merger
  • Haryana’s Amin village is now Abhimanyupur
  • Odisha cancels annual Chaitra Jatra festival 
  • GMR Hyderabad International Airport goes Single-Use Plastic-free
  • Dehradun Railway Station introduces signage in Braille
  • Microsoft India, NASSCOM Foundation Launch Initiative To Empower People With Disabilities
  • India to seek $70 million from World Bank for waterway connectivity grid in East
  • Crypto exchange Binance, WazirX set up USD 50 million Indian blockchain fund
  • Ravinder Singh Dhillon appointed PFC CMD
  • App developed to track Covid-19 cases district-wise
  • IHBT scientists develop new hand-sanitizer
  • UEFA puts all competitions ‘on hold’, Euro 2020 postponed
  • Sachin Tendulkar joins WHO’s Safe Hands Challenge amid coronavirus pandemic
  • Noted Marathi Actor Jairam Kulkarni Passes Away Aged 88
  • Imtiaz Khan, Actor and Brother of Amjad Khan, Passes Away

DAILY CA 19TH MAR

  • Global Recycling Day -18th march
  • Rajya Sabha passes National Commission for Indian System of Medicine Bill 2019
  • Sri Lanka gets USD 500 million loan from China as financial aid
  • ECB launches €750 billion ‘pandemic emergency’ bond-buying scheme
  • Nabard pegs Karnataka’s credit potential at ₹44 lakh cr for fiscal 2020-21
  • ADB announces $6.5 bn package for developing member countries
  • RBI to infuse ₹10,000-cr liquidity via OMO purchase, says financial conditions tightening
  • YES Bank gets Rs 60k-cr line of credit from RBI to resume operations
  • AI chat bot ‘Maya’, a handy tool for Clix customers
  • TCS again overtakes Reliance Industries to become most valued firm by market capitilisation
  • IIT-Kanpur, L&T Technology Services Sign MoU For Research In Cyber Security Programs
  • India ranks second in probes on foreign bribery, enforcement drags globally
  • Iraqi President Salih appoints Adnan al-Zurfi as new PM-designate
  • Bajaj Auto board approves re-appointment of Rajiv Bajaj as MD, CEO
  • Google Cloud appoints Karan Bajwa as India MD
  • HSBC appoints Noel Quinn permanent chief executive
  • Former Air India CMD Ashwani Lohani Appointed Chairman of AP Tourism Development Corporation
  • Konark Sun Temple To Be Included In ‘Iconic Sites’ List
  • World Cities Summit- Singapore
  • WhatsApp launches COVID-19 information hub with WHO; grants $1mto IFCN for fact-checking
  • Bhalchandra Mungekar’s book “My Encounters in Parliament“
  • Gadkari presents ‘Invincible – A Tribute to Manohar Parrikar’ to President
  • Indian Navy sets up Quarantine Facility at Visakhapatnam
  • DAC approves procurement of 83 indigenous Tejas fighter aircraft for Indian Air Force
  • Roger Mayweather, legendary boxing figure passed away

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