India on 24th February lost its No.1 position to Australia in ICC test rankings. Australia after defeating the Kiwi’s in Christchurch test match won the series 2-0 against New Zealand and also climbed the ladder in test rankings reaching the top.
Points to note
Australia ended up at No.1 in ICC test rankings for this year with 112 points
India are in 2nd position with just 2 points behind Aussies with 110 points
Australia will receive a cash award of $ 1 million and India to get 5 lakh $ cash award
Steve Smith will receive the cash on behalf of the team
South Africa and Pakistan are in 3rd and 4th ranks respectively
This is the eighth time Australia have ended up first in ICC test rankings since it was started in 2003
They currently occupy position 1 in ICC ODI rankings
Japanese Car maker Nissan announced a new line –up of cricket talent in partnership with the International cricket Council as Global Ambassadors.
Indian Opener Rohit Sharma, West Indian All Rounder Andre Russell and New Zeland skipper Suzie Bates will help the Nissan to bring excitement among cricket fans, starting with ICC World T20 in India. South African Bowling maestro Dale steyn and bowler Rabada also work as ambassadors in their home country.
In addition to advertising Campaign these ambassadors will be active on social media across the tournament emphasizing fan’s eye initiative Nissan Play of the Day and Sharing cricket content.
The sponsorship deal with ICC includes all tournaments between 2016 and 2023 and the deal life of eight years.
Afghanistan’s National Cyclist team has been nominated for Nobel Peace prize by members of Italian Parliament according to Total cycle team. They have been nominated for using bicycle as a vehicle for social justice, enduring violence and social stigma.
Points to know
This cyclist team ended up first in Asian championship held at Delhi in 2013
Afghan had a cycle team in 1986 and then due to Taliban rule it was prohibited in the nation and reborn in 2011 under the efforts of Abdul Sediq
The team is led by Zahra Hussaini
Around 118 members of Italian parliament voted for this team
PM- Narendra Modi and his cabinet approved the agreement which will avoid double taxation for International airline enterprises in Maldives and India.
Tax can be paid on the profits earned out of operation of aircrafts only in the countrywhere the enterprise belongs to
It provides for relief from double taxation for airline enterprises of both the countries way of exemption of income derived by the enterprise of India from the operation of aircraft in international traffic, from Maldivian tax and vice-versa.
Atal Innovation Mission and Self Employment Talent Utilization are being set up National Institution for Transforming India and will have Headquarter in New Delhi.
AIM of the Mission: An innovation Promotion Platform that involves Academics, Entrepreneurs, and Researchers possessing national and international Experiences to foster a Culture of Innovation, R&D in India.
Decision has been taken by Union cabinet chaired by Prime Minister Narandra Modi and the Mission would be guided by Mission High Level Committee.
AIM and SETU under NITI to come up with Rs 500 Crore and Rs. 1, 000 crorerespectively as stated in Budget Speech 2015- 2016 by finance minister.
NITI Aayog established an Export Committee on Innovation and Entrepreneurship to work out detailed forms of AIM and SETU by the chairmanship of Tarun Khanna Professor at Harvard University.
NDA government’s Flagship Scheme Pradhan MandhiriKushalVikasYojana in complementary to the Prime Minister Make in India Campaign to envisage the skilled labour to the Nation.
It was launched on 15th July 2015, that provides training to the Youths and in the completion of the training they will certified and monetary award through Direct Benefit transfer (DBT).
The Scheme implemented through Public Private Partnership (PPP) model byNational Skill Development Corporation (NSDC) and all the 29 States and 6 Union Territories will come under the ambit of the scheme.
Punjab being one the Beneficiary state that enrolled 45, 544 candidates of which31, 221 of them trained and 1, 205 Candidates have got employment.
Under the scheme 7, 174 candidates of Punjab has awarded whooping monetary award of 6, 54, 62,500 – through DBT.
The Day is commemorated on February 24, to recognize the Contribution of Central Board of Excise and Custom. The nodal Agency is responsible for administration in relation with Customs, Central Excise, Service Tax and Narcotics.
The event of celebration means to collect tax over the manufacturing goods by and people earning over the limit that decided according to the Central Excise Act 1944.
The Revenue collected through the central Excise department is used forEducation, Health, and Social sector.
The Central Board of Excise and customs runs under Finance ministry led by Mr. Arun Jaitly.
On behalf of the professional holiday seminar, workshops, educational and Cultural events, Awareness Programs and employees with good track record will be awarded to them by the government.
India second Largest Software Company has appointed as the new head of its consulting business Infosys Consulting Holding (formally Infosys Lodestone) with the effect from April 1 2016.
Prior to his appointment Pesch served as a CEO of Germany based arvato Systems, he will be responsible for Infosys Consulting in Europe Latin America and Asia Pacific Region and will report to Sanjay Purohit – Global Head of Consulting Business of the company.
He will also work for DACH Countries (Germany, Austria and Switzerland) as a Regional Head.
GVK Biosciences has been conferred with the Global CSR Excellence & leadership Award by world CSR Congress on World CSR Day. The award was given under the category of Best Environmental Friendly Projects for its Go green Grow Green planting activity.
CSR award is given for the Best Corporate Social Responsibility Project under various categories every year by World CSR Congress
GVK Biosciences started a mega plantation program ‘ Go green Grow Green’ in June 2015 to plant 1400 samplings of Peltophorum ferrugunium, Pongamia pinnata and Azadirachta indica in and around their campus
Points to note
GVK Bioscience is Asia’s leading Drug Discovery Research and Development Organization.
In a written reply to Smt. Kothapalli Geetha, the Minister of State for Housing & Urban Poverty Alleviation –Mr. Babul Supriyo informed in LokSabha that HUDCO (Housing and Urban Development Corporation) have sanctioned 90Crores to APCRDA.
The loan was sanctioned To Andhra Pradesh Capital Region Development Authority(APCRDA) last month
The minister also told that 64,942 houses were built for urban poor in Andhra Pradesh under JNNURM and Rajiv Awas Yojana.
A total of 80,999 houses were sanctioned under Prime minister Awas Yojana in June last year
These houses are asked to be completed before 3.17 by the ministry
Assam Cabinet approved Mass Rapid Transit System and given green signal to Detailed Project Report of Guwahati Metro Rail Corporation Limited.
The 203 Km Metro Corridor will be completed in three phases, The Whooping18,020 crore project’s detailed project Report with 4 lines adding 61.4 Km in the first Phase of the project prepared by RITES Ltd.
Phase I of the Project consists of 4 Lines with 54 Stations and all the trains will come up with 3 coach structure that has the capacity of carrying 975 passengers each
The Project total cost would be shared by center and state government by 20% each and local bodies to contribute Rs. 350 Crore , while the remaining Rs. 10,074 crore will be funded through soft loans from funding agencies guaranteed by the Center.
The Chief Minister of Assam Tarun Gogoi will lay the foundation of the project on February 29 in Kahnapara where a station will come up to serve as node between the Line 2 and Line 3.
Syria which has been continuously under coverage because of its internal warfare and outraged terrorist activities is again in flashlight following an agreement by US and Russia to ceasefire in Syria. This New deal came as a joint statement from US and Russia. However this ceasefire excludes Islamic state, al-Nusra Front and the other deemed terrorist groups.
The Syrian army is now backed by Moscow, Iran and fighters from Lebanon’s Hezbollah. Ranged against them are rebels supported by the United States, Turkey and Saudi Arabia
The 42nd Khajuraho Dance Festival begun in Khajuraho, Chhatrapur District in Madhya Pradesh
The famous festival to showcases verities of classical Dances including Kathak, Bharatanatyam,Oddissi, and Kuchipudi giving a picture of the ancient tales like Mahishsur Mardini and Krishna Rasa the auspicious showcase is organized by Department of Culture, Madhya Pradesh.
The festival is celebrated on the framework of Khajuraho Temple build byChandela Dynasty between 950 and 1050 AD.
The Performances includes Classical dances, Documentaries, Short Films related to fine Arts and it will be held in front of the temples dedicated to Surya (The lord Sun) at ChitraguptaTemple and Lord Shiva at Vishwanatha Temple.
The Khajuraho Temple is a group of Hindu and Jain Temples in Madhya Pradesh. They are one of the UNESCO World heritage Sites in India.
“IBSAMAR” is a joint naval exercise between India, Brazil and South Africa, this will be the fifth edition of the Harbor Phase of the Exercise to commence from Goa Coast. This is done in two phases namely Harbor phase and Sea Phase.
AIM: To increase the interoperability among three navies as well as common understanding maritime security between the navies.
This is the first time the Exercise is held in India all the previous editions of the joint Exercise hosted in South Africa initiated in 2006.
The scope of IBSAMAR-V includes range professional interactions during harbor phase and diverse range operational activities during Sea Phase.
In the course of the Exercise Indian navy represented by INS Mumbai an Indigenous designed and built guided missile destroyer INS trishul- A Stealth Frigate and INS –Shalki, A Shisuhumar class submarine.
Union Ministry of Road and Transport and Highways led by Mr. NitinGadkari announced the Empowered Group of State Transport ministers Headed by Rajasthan Transport Minister Yunus Khan formed to suggest measures on ailing transport sector.
AIM: To Advice on policy issues to make the Country’s transport sector modern efficient and transparent manner, and pledged to strengthen the sector.
To sort out accidents and traffic jams there is a need for technology that uses Satellite it similar to Air traffic Control and river Traffic Control
He also stated 5 lakhs accidents that accounts about 1.5 lakh lives and pledged to reduce 50% of them by next five years.
The Minister also stressed the need E –Tolling in all toll plazas in the country which will make hassle free toll collection that considerably reduces the Vehicle Traffic and Pollution significantly.
The 36th edition of the Sait Nagjee Football Tournament was held at Kozhikode, Kerala. FC Dnipro Reserves of Ukraine had grabbed the tournament’s trophy by defeating Atletico Paranaense Reserves of Brazil.
The 15 days event of 2016 was the first edition of this tournament after 1995.
The event was organised by the Kozhikode District Football Association (KDFA)with the support of Siddeek Ahmed, President KDFA.
The Sait Nagjee Trophy was in partnership with UK based charitable organizationFootball for Peace (FfP).
Justice Vineet Saran has been appointed as Chief Justice of Orissa High Court by the President of India Pranab Mukherjee .The new Chief justice will take oath on February 26.
Vineet was officiating as a senior judge of Karnataka High Court prior to his new appointment, the post was lying vacant since 15 February after the serving Judge D H Waghela took charge of Chief Justice of Bombay.
Pradeep K Mohanty is currently working as acting chief justice of Orissa High court.
Justice Vineet saran graduated from Allahabad University in 1976 and obtained L.L.B in 1979.
Ri Myong Su has been appointed to head the Korean People’s Army general staff after his predecessor Ri Yong –gil exclusion from the post, rumors circulated that he has been executed.
State run Korean Central News Agency(KCNA) have made no announcement prior to his appointment, however he has been spotted Military maneuvers that led by the Supreme Leader Kim Jong –un
Ri Myong su is an experienced hand in North Korean politics. He was an advisor to the former Leader Kim Jong-il and the head of the Ministry for People’s Security.He has started his career in 1950 during the Korean War.
North Korea conducted its fourth nuclear test last month and launched a long-range rocket earlier of this month.
A Report released by the SIPIR (Stockholm International Peace Research Institute) clearly places India in the topmost position of Arms import in the world between 2011-2015. India’s imports account for 14% of the world’s total imports.
India is followed by China in the row making it as the second largest importer with7% and then Australia (3.6%), Pakistan (3.3%), Vietnam (2.9%) and South Korea (2.6%)
India’s imports have been increased by 90%in the year 2011-15 compared to 2006-10
India’s imports is thrice as that of China and Pakistan