Current Affairs March 04th 2022| Current Affairs News

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CURRENT AFFAIRS : IMPORTANT DAYS

World Birth Defects Day 2022: 03 March

  • On March 3 is recognized annually as World Birth Defects Day (WBDD).

Aim :

  • To raise awareness about the impact of birth defects worldwide, reduce stigma, and increase opportunities for prevention and care.
  • The Theme of 2022 WBDD is Many Birth Defects, one voice.
  • 2022 marks the observance of 7th edition of WBDD.
  • The first WBDD is Observed on 2015 with the support of 12 organizations.
  • Every year, about 3%–6% of infants worldwide are born with a serious birth defect.

World Wildlife Day 2022 – 03 March

  • World Wildlife Day is celebrated on March 3 every year to celebrate and raise awareness of the world’s wild fauna and flora.
  • The Theme of World Wildlife Day 2022:  “Recovering key species for ecosystem restoration”.
  • The theme is chosen by the UN as a way to draw attention to the conservation status of the most critically endangered species of wild fauna and flora.
  • The day was proposed by Thailand and recognised in 2013 by United Nations General Assembly (UNGA).
  • The day March 3 has been chosen as it is the day of signature of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) in 1973 as World Wildlife Day.
  • The first World Wildlife Day was observed on March 03, 2014.

About UNGA :

  • President : Abdulla Shahid

About CITES :

  • Located at : Geneva, Switzerland
  • Member States : 184
  • Secretary-General : Ivonne Higuero
  • It is a multilateral treaty to protect endangered plants and animals.

World Hearing Day 2022 : 3 March

  • The World Hearing Day 2022 is annually Observed on 03rd March by the World Health Organisation (WHO).
  • Theme of World Hearing Day 2022:  “To hear for life, listen with care.”

Aim :

  • To raise awareness on how to prevent deafness and hearing loss and promote ear and hearing care across the world.
  • According to WHO, the day was created in 2007 in a bid to raise awareness about deafness.
  • It was then called International Ear Day, but the name was changed to World Hearing Day in 2016.

About WHO :

  • Established : 7 April 1948
  • Headquarters : Geneva, Switzerland
  • Director-General : Tedros Adhanom

National Security Day: 04 March

  • Every Year On March 04, National Security Day (Rashtriya Suraksha Diwas) is celebrated in India.

Aim :

  • To show gratitude to our security forces which include military, para-military, commandos, police officials, guards, and India’s security forces and to those who maintain peace and security of our country.
  • March 4 marks the day when the National Safety Council of India was established in 1966 by the Ministry of Labour under the Government of India.
  • National Security Day was celebrated for the first time in 1972.

Note :

  • The National Security Week 2022 is being celebrated from March 4 to March 10, 2022.

About National Security Council :

  • Founded : 19 November 1998
  • National Security Advisor : Ajit Kumar Doval
  • NSC is the apex agency looks into the country’s political, economic, energy and strategic security concerns which were established by the then Prime Minister of India Atal Bihari Vajpayee.

National Safety Day 2022: 04 March

  • The National Safety Day (NSD) is marked every year on 4 March by the National Safety Council of India.
  • Theme 2022 is “‘Nurture young minds – Develop safety culture’”.
  • 2022 marks the 51st National Safety Day.

Aim :

  • To raise public awareness of all safety principles, including road safety, workplace safety, human health safety, and environmental safety.
  • In 1972, the National Safety Day was first observed on the foundation day of the National Safety Council.

Note :

  • The 2022 National Safety Week has been organised from March 04 to 10, 2022.

About National Safety Council :

  • Establishment : March 4, 1966, by the Ministry of Labour and Employment

Purpose :

  • To develop and implement a voluntary routine in the areas of safety, health, and the environment.

CURRENT AFFAIRS : INTERNATIONAL NEWS

Swiss to become first airline to use solar fuel

  • The Lufthansa subsidiary Swiss Air Lines plans has come to an agreement with synthetic fuel group Synhelionto be the first airline in the world to use solar aviation fuel.
  • The plant will be based in Germany and will become operational from 2022.
  • As per the agreement, SWISS along with its parent Lufthansa will support Synhelion’s commercial fuel production facility in Spain as well.
  • Swiss International Air Lines (SWISS) and the Lufthansa Group have concluded a strategic collaboration with ETH Zurich spinoff Synhelion to bring solar aviation fuel to market.

About solar aviation fuel (sun-to-liquid fuel):

  • The procedure uses concentrated solar heat to manufacture syngas which can then be synthesized into kerosene using standard industrial processes.
  • This sun-to-liquid fuel closes the fuel carbon cycle: when combusted, it will only produce as much CO2 as went into its manufacture.
  • The new fuel makes a major contribution to effectively decarbonizing air transport.

Note :

  • SWISS will become the first customer of solar kerosene in 2023

Additional Info :

  • Synhelion’s co-founder and CEO : Philipp Furler

About SWISS :

  • Headquarters : Switzerland
  • CEO : Dieter Vranckx
  • Parent Company : Lufthansa Group
  • Swiss International Air Lines AG commonly referred to as Swiss or Swiss Air Lines.
  • Zurich Airport serves as its sole hub and Geneva Airport as a focus city.

About Lufthansa :

  • Founded : 6 January 1953
  • Headquarters : Cologne, Germany
  • Chairman&CEO : Carsten Spohr
  • Slogan : Say yes to the world

CURRENT AFFAIRS : BANKING & FINANCE

Paytm partners with IRCTC for unreserved and platform tickets

  • Digital payments company Paytm has partnered with Indian Railway Catering and Tourism Corporation (IRCTC) to provide digital ticketing services to consumers through Automatic Ticket Vending Machines (ATVMs) installed at railway stations across India.
  • This is the first time Indian Railways is providing an option to pay digitally for ticketing services through UPI on ATVMs to promote cashless commuting among railway passengers.

About ATVMs :

  • The ATVMs placed at the railway stations are touch-screen based ticketing kiosks that will allow passengers to pay digitally, without requiring smart cards.
  • Passengers will be able to purchase unreserved train journey tickets, platform tickets, renew their seasonal tickets and recharge smart cards by scanning QR codes generated on the screens.
  • Paytm offers passengers the flexibility of paying through a variety of payment options : Paytm UPI, Paytm Wallet, Paytm Postpaid (Buy Now, Pay Later), Net Banking, Credit Card and Debit Card
  • The new Quick Response (QR) code-based digital payment solution has already gone live across all ATVM machines at railway stations in India.

About Paytm :

  • Founded : August 2010
  • Headquarters : Noida, Uttar Pradesh, India
  • CEO : Vijay Shekhar Sharma
  • President : Amit Nayyar

About IRCTC :

  • Founded : 27 September 1999
  • Headquarters : New Delhi, Delhi, India
  • Chairman&MD : Rajni Hasija
  • IRCTC is under the ownership of Indian Railways, Ministry of Railways, Government of India that provides ticketing, catering, and tourism services for the Indian Railways.

IDBI Bank launches liquidity management solution for institutional clients

  • IDBI Bank has launched Corporate Liquidity Management Solution (C-LMS) and Government Liquidity Management Solution (G-LMS) to meet the liquidity management needs of institutional customers.

Purpose :

  • To provide real-time, web-based and formula-driven liquidity management solutions.
  • It provides tools to institutions for enhanced visibility of liquidity positions across the organization, helping them in forecasting and projecting the cash positions at a glance.
  • C-LMS helps corporate customers to automate the transfer of funds across various accounts of the entity.
  • It also helps corporate customers to manage liquidity efficiently, thereby helping in efficient working capital management.

About IDBI Bank :

  • Founded : 1 July 1964
  • Headquarters : Mumbai, Maharashtra
  • Chairman : M. R. Kumar
  • MD & CEO : Rakesh Sharma

Edelweiss Housing Finance and Standard Chartered Bank partner for Co-lending of Loan against Property

  • Edelweiss Housing Finance Limited has announced a strategic co-lending partnership with Standard Chartered Bank for extending loans against property to prospective customers, especially MSMEs.

About the Partnership :

  • Under this partnership, EHFL will originate, process, service the loans and retain 20% of the loan on its books, while the remaining 80 % will be on the books of Standard Chartered Bank.
  • This co-lending partnership will benefit both the co-lending partners as well as customers alike.
  • It will help the bank grow its loan portfolio, it would provide an alternate model for loan disbursals that is asset-light and creates a sound revenue model for sustainable business for EHFL.
  • This partnership would help in leveraging the Bank’s diverse product offering along with the distribution strength and strong processing ability of Edelweiss to meet the financial needs within the MSME sector.

About EHFL :

  • Incorporated :30 May, 2008
  • Headquarters : Mumbai, Maharashtra
  • MD & CEO : Rajat Avasthi

About Standard Chartered Bank :

  • Headquarters : London, England, UK
  • Group Chairman : José Viñals
  • Group Chief Executive : Bill Winters

UCO Bank extends partnership with Fisdom to offer demat, stockbroking services

  • UCO Bank, formerly United Commercial Bank in partnership with Fisdom, extends the FinTech partnership to now include demat account & stockbroking services, Pension funds and tax filing.
  • With the extended product & service suite, the Bank will now offer its customers a robust 3-in-1 personal banking experience.
  • The extension suite will be offered through the bank’s mobile banking application UCO mBanking Plus and will gradually be accessible through its internet banking platform as well.

Benefits :

  • The partnership has been able to blend the best of both organizations to offer customers a uniquely trustworthy, robust and truly digital wealth management experience at a single destination.
  • It will help the bank to provide new age digital wealth products to customers at the click of a button thereby helping them in all their financial needs.”

About UCO Bank :

  • Founded : 6 January 1943
  • Headquarters: Kolkata, West Bengal
  • MD &CEO: Shri Soma Sankara Prasad

About Fisdom :

  • Headquarters : Mumbai, Maharashtra

NPCI tie up with Yatra.com, SBI Card to launch the ‘Yatra SBI Card’

  • The National Payments Corporation of India (NPCI) announced a special co-branded ‘Yatra SBI Card’on the RuPay network, in collaboration with com and SBI Card.

Features of the ‘Yatra SBI Card’ :

  • This holiday-cum-shopping credit card is set to delight travelers and holiday lovers with exclusive travel benefits on booking flights and hotels which would be applicable 6 times a year.
  • As a welcome onboarding gift, users of this card are entitled to Yatra.com vouchers worth INR 8,250.
  • They can use this voucher to book flight tickets, hotel reservations, and the likes from Yatra.com.
  • By using the new card, travelers will get 6 reward points per INR 100 spent on departmental stores, grocery, dining, movies, entertainment, and international travel.
  • Comes with a complimentary air accident cover of Rs 50 lakh, the card also offers 1% fuel surcharge waiver to the customers.
  • There is also an additional feature of an annual fee waiver if the customer spends over INR 1 lakh in a year using this card.

About SBI Card :

  • SBI Cards & Payment Services Ltd., previously known as SBI Cards & Payment Services Private Limited.
  • Founded : October 1998
  • Headquarters : Gurugram, Haryana, India
  • MD & CEO : Rama Mohan Rao Amara

About Yatra.com :

  • com is an Indian online travel agency and travel search engine.
  • Founded: 1 August 2006
  • Founders : Dhruv Shringi, Manish Amin, Sabina Chopra
  • Headquarters: Gurugram, Haryana, India
  • CEO: Dhruv Shringi

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

LIC Mutual Fund appoints TS Ramakrishnan as its MD & CEO

  • LIC Mutual Fund has appointed T S Ramakrishnan as its Managing Director & CEO, effective March 1, 2022.
  • Ramakrishnan will succeed Dinesh Pangtey, its former Wholetime Director and CEO.

About T S Ramakrishnan :

  • Ramakrishnan has experience of over 34 years at LIC and its subsidiaries/associate companies.
  • He joined LIC Mutual Fund AMC on April 28, 2021.
  • Before joining LIC Mutual Fund AMC, he was the Regional Manager, Western Region at LIC Housing Finance Ltd. (LICHFL) and subsequently elevated as the General Manager.
  • He has worked across 4 zones of LIC, including a stint at ZTC Bhopal as Vice Principal.

About LIC Mutual Fund :

  • Founded : 1989
  • Headquarters : Mumbai, Maharashtra

Yash Raj Films names Akshaye Widhani as CEO

  • Film production and distribution company Yash Raj Films has appointed Akshaye Widhani as chief executive officer.

About Akshaye Widhani :

  • Akshaye is a graduate from the Kelley School of Business, Indiana University with a dual major in Finance and Entrepreneurship.
  • He joined YRF at the age of 22 and has been associated with YRF for 17 years.
  • He started his career at YRF as a studio manager, in charge of setting up operations for YRF Studios in 2005.
  • Recently he served as senior vice-president, finance and business Affairs and head of operations at YRF Studios.

About Yash Raj Films :

  • Founded : 1970
  • Headquarters : Mumbai, Maharashtra
  • Founder : Yash Chopra
  • Chairman & Managing Director : Aditya Chopra
  • Director & CEO : Uday Chopra

upGrad ropes in Amitabh Bachchan as brand ambassador

  • upGrad, the edtech platform, has roped in Amitabh Bachchan as the official brand ambassador.
  • As a part of the partnership, Bachchan will be seen supporting upGrad’s brand value through endorsements and promotions of services offered by the higher Edtech leader, while emphasizing the importance of LifeLongLearning for progressive career growth.
  • upGrad has recently unveiled its marketing campaign#AssNahinAssetBano that captures the essence of what goes around the annual appraisal period in a corporate world.

About upGrad :

  • Founded: 2015
  • Headquarters : Mumbai, Maharashtra
  • Founders : Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, Ravijot Chugh
  • CEO : Arjun Mohan

CURRENT AFFAIRS : BUSINESS NEWS

Google, MeitY to help 100 Indian startups for making global apps, games

  • Google has partnered with the MeitY Startup Hub, an initiative of the Ministry of Electronics and Information Technology (MeitY), has announced a cohort of 100 early to mid-stage Indian startups, with an aim to help build global apps and games as part of the Appscale Academy programme.
  • It initiates the growth and development program to support Indian startups to grow in global business platforms.
  • The cohort’s main sectors include health, education, finance, social, e-commerce, and gaming.

About the Appscale Academy programme :

  • The 100 startups were chosen from over 400 applications following an in-depth selection process.
  • As part of the six-month program, the chosen startups will be trained through a curriculum, designed to help them drive high-quality apps for the global market.
  • The startups will be provided with virtual instructor-led webinars, self-learning material, and mentorship sessions with industry professionals from across the globe.

About Google :

  • Founded : 4 September 1998
  • Headquarters : California, U.S
  • CEO : Sundar Pichai

About MeitY :

  • Cabinet Minister : Ashwini Vaishnaw
  • Minister of State : Rajeev Chandrasekhar

CURRENT AFFAIRS : MOU & AGREEMENTS

Nepal, India sign agreement for long term supply of Urea, DAP fertilizers

  • Nepal and India signed a Memorandum of Understanding (MoU) for a long term supply of Urea and DAP(Di ammonium Phosphate) fertilizers from India to Nepal under a G2G arrangement.
  • The MoU was signed by Rajesh Kumar Chaturvedi, Indian Secretary for Chemical and Fertilizers and Dr Govinda Prasad Sharma, Secretary at the Agriculture and Livestock Development.

About the MoU :

  • To help address the recurring fertilizer shortages in Nepal and enable improved agricultural productivity for the direct benefit of Nepali farmers.
  • It will enhance bilateral economic cooperation and also an important reflection of the priority attached by India to its partnership with Nepal.

Additional Info :

  • Minister for Agriculture and Livestock Development : Mahindra Ray Yadav
  • Indian Ambassador to Nepal : Vinay Mohan Kwatra

About Nepal :

  • President : Bidya Devi Bhandar
  • PM : Sher Bahadur Deuba
  • Capital : Kathmandu
  • Currency : Nepalese rupee

CURRENT AFFAIRS : DEFENCE NEWS

IAF to demonstrate capabilities at exercise ‘Vayu Shakti’ in Pokharan range, Rajasthan

  • The Indian Air Force (IAF) will demonstrate the exercise Vayu Shakti in Pokharan firing range close to the India-Pak border in Jaisalmer, Rajasthan on March 7, 2022.
  • Exercise Vayu Shakti is organized by the Indian Air Force once every three years.
  • Prime Minister Narendra Modi will be the chief guest in the IAF exercise.
  • A total of 148 aircraft of the Indian Air Force (IAF) will participate in this exercise.
  • Rafale aircraft will participate for the first time in this exercise.

Objective :

  • To showcase the capability of IAF to conduct full spectrum operations.
  • It will also demonstrate IAF’s capability to defend vital areas and points by employing surface-to-air guided weapons

Note :

  • The last edition of the exercise was held on February 16, 2019.

About IAF :

  • Founded : 26 January 1950
  • Headquarters : New Delhi, Delhi, India
  • Motto : Touch the sky with Glory
  • Chief of the Air Staff :  Vivek Ram Chaudhari

CURRENT AFFAIRS : APPS & SERVICES

Religare Broking launches ‘Pre-Apply LIC IPO’ app

  • Religare Broking Limited launched Religare ‘Pre Apply LIC IPO’ app, which will be a one-stop app to open a demat account and share intent to pre-apply for the LIC IPO.
  • The investors can share their interest in the upcoming LIC IPO and get instant mobile notification, SMS and Email communication as soon as the IPO opens up for the public subscription.
  • All types of investors, including existing LIC policy holders and first-time investors can register their interest by filling up their name, email ID and mobile number.
  • All those who will login through ‘Religare Pre Apply LIC App’ and open DEMAT account can access their account from mobile app, website or browser and enjoy the exclusive welcome benefits such as free brokerage for first 30 days, 1 paisa brokerage across all segments, Rs 10000 discount vouchers from retail partner websites, free AMC along with full service broking benefits such as research ideas and reports.
  • The customer can also opt for Elite plan for premium broking services.
  • The app will improve user experience by offering one-click intent registration for IPO pre application.

About Religare Broking Limited :

  • Headquarters : Noida, Delhi
  • CEO : Nitin Aggarwal
  • RBL was awarded the ‘Top Performer in New Account Opened (Non- Bank Category)’ at the NSDL Star Performer Awards 2017.

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

NOAA’s newest earth observing satellite GOES-T launched by NASA

  • The National Aeronautics and Space Administration (NASA) has successfully launched the third in a series of four next-generation weather satellites, Geostationary Operational Environmental Satellite, GOES-T for the National Oceanic and Atmospheric Administration (NOAA).
  • It was launched on a United Launch Alliance Atlas V rocket from Cape Canaveral Space Force Station in Florida, United States (US).
  • Once GOES-T is positioned in a geostationary orbit 22,300 miles above earth it will be renamed from GOES-T to GOES-18.

About GOES Satellite :

  • The satellite will be providing continuous coverage of weather and hazardous environmental conditions in the Western Hemisphere.
  • The GOES program predicts space weather near earth that can interfere with satellite electronics, GPS, and radio communications.

Additional Info :

  • GOES – 16 launched by 2016
  • GOES – 17 launched by 2018

About NASA :

  • Established : July 29, 1958
  • Headquarters : Washington, D.C., United States
  • Motto : For the Benefit of All
  • Administrator : Bill Nelson

About NOAA :

  • Formed : October 3, 1970
  • Headquarters :Washington, D.C.United States

CURRENT AFFAIRS : RANKING & INDEX

Telangana Tops Among All States In Terms Of Per Capita Net State Domestic Product

  • According to the latest data, from the Ministry of Statistics and Program Implementation, the Telangana State has ranked the Highest in the country among states with a population over 1 crore in terms of growth rate in terms of Per Capita Net State Domestic Product at Current Prices.
  • Telangana has overtaken Tamil Nadu, Karnataka and Maharashtra.
  • GSDP in Telangana increased from 359434 crores in 2011-12 to 1,154,860 crores in 2021-22.
  • The state’s GDP has grown by 31.12 per cent in the past decade – one of the highest jumps for any state in the country.
  • In terms of the Percentage Growth in GSDP, Telangana has shown the most rapid bounce-back increasing its growth rate by around 17 percentage points from 2020 to the current time.

Additional Info :

  • Rythu Bandhu scheme, also Farmer’s Investment Support Scheme (FISS)focused on farmers, world’s largest lift irrigation project Kaleshwaram aimed at providing water to the fields of Telangana.
  • Arogya Laxmi that ensures the provision of basic and supplementary food and nutrition to pregnant and lactating women.

Note :

  • GSDP – Gross State Domestic Price

About Telangana :

  • Governor: Tamilisai Soundararajan
  • Capital: Hyderabad
  • Chief minister: K. Chandrashekar Rao

India ranks 3rd in billionaire population globally: Knight Frank

  • According to property consultant Knight Frank’s 16th edition of The Wealth Report 2022 India is ranked 3rd in terms of most number of billionaires’ population globally in 2021.
  • In India, the number of UHNWIs (net assets with US$ 30m or more) has grown by 11% YoY in 2021 to 145 billionaires, the highest percentage growth in Asia Pacific (APAC) region.

Top 5 countries with the most number of billionaires in 2021:

Countries 2021 ( Numbers ) 2020-21 (%) 2016-21(%)
United States 748 15% 38%
China 554 32% 121%
India 145 24% 69%
Germany 136 14% 13%
Russia 121 20% 53%

Key Points :

  • The number of ultra-high-net-worth-individuals (UHNWIs) has globally increased by 9.3% in 2021.
  • Around 69% of the super wealthy individuals in India is expected to witness an increase of over 10% in their net worth in 2022.
  • City-wise, Bengaluru emerged as highest growth in the number of UHNWIs in 2021 at 17.1% to 352 billionaires followed by Delhi (12.4% to 210) and Mumbai (9% to 1596) in 2021.
  • Asia continues to be the forerunner in the billionaires’ club contributing to 36% of the total billionaires in the world in 2021.

Note :

  • For the first time, Knight Frank has examined the size of the ‘next generation’ of the world’s UHNWI population.
  • Globally, it is estimated that 135,192 UHNWIs are self-made and under the age of 40, accounting for around a fifth of the total UHNWI population.
  • India has ranked 6th in percentage growth of the UHNWI population that is self-made and under the age of 40 years.
  • The number of UHNWI population in India is expected to grow by 39% between 2021 and 2026, with 19,006 people expecting to have net assets of US$30m or more by 2026.

About Knight Frank :

  • Founded : 1896
  • Headquarters : London, England, UK
  • Senior Partner & Chairman : Alistair Elliott
  • Chairman & MD of Knight Frank India : Shishir Baijal

CURRENT AFFAIRS : SPORTS NEWS

ISSF World Cup 2022: Saurabh Chaudhary wins 10m air pistol gold medal

  • On March 01, 2022, In the International Shooting Sport Federation (ISSF) World Cup,Indian shooting ace Saurabh Chaudhary has won the gold medal after defeating Micheal Schwald of Germany 16-6in Men’s 10m Air Pistol event in Cairo, Egypt.
  • The silver medal has bagged by Germany’s Michael Schwald while Artem Chernousov of Russia claimed the bronze medal.

Women’s 10m air pistol event :

  • India’s Esha Singh won a silver medal after defeating lost 4-16 to world champion and current world No. 1 Anna Korakaki of Greece .
  • This is Saurabh Chaudhary’s third individual ISSF World Cup gold meanwhile Esha Singh bagged her first medal for India in the senior circuit.

About Saurabh Chaudhary :

  • Saurabh Chaudhary born on 12 May 2002 in Kalina, Meerut, Uttar Pradesh, India.
  • He won the gold medal at the 2018 Asian Games in 10 m Air Pistol.
  • He was the youngest Indian gold medalist at the Asian Games.
  • He is the only Indian shooter to win a gold medal in ISSF World Championship, ISSF World Cup, Youth Olympic Games, Asian Games and Asian Air Gun Championship.

About Esha Singh :

  • Esha Singh born on 1 January 2005in Hyderabad, Telangana, India.
  • She became the national champion in the 10m Air Pistol category in
  • She won silver medal at Junior World Cup at Suhl, Germanyin 2019, two gold medals at Asian Junior Championships in 10m Air Pistol Women (AP60W) and 10m Air Pistol Mixed Team (APMIX).

About ISSF :

  • Founded : 1907
  • Headquarters : Munich, Germany
  • President : Vladimir Lisin
  • Membership : 150 regions

Strandja Memorial Boxing: Nikhat Zareen, Nitu win gold medals for India

  • Indian boxers Nikhat Zareen (52kg) and Nitu (48kg) has won gold medals at the 73rd Strandja Memorial Tournament in Sofia, Bulgaria.
  • Nikhat bagged her second gold medal ( previously won the Strandja Memorial title in 2019 ) at Europe’s oldest international boxing tournament with a 4-1 win in the women’s 52kg final.
  • Nitu outpunched the reigning Youth World Championships bronze medallist Italy’s Erika Prisciandro 5-0 without breaking a sweat in the women’s 48 kg final.
  • The bronze medal was won by Nandini (+81kg)
  • The Indian contingent ended their campaign at the tournament with three medals including two golds and one bronze.

CURRENT AFFAIRS : OBITUARIES

Oscar-winning producer Alan Ladd Jr Passes away

  • Alan Ladd Jr, the Oscar-winning producer has Passed away at the age of 84.

About Alan Ladd Jr :

  • Ladd was born in Los Angeles on October 22, 1937, in Los Angeles, California, U.S.
  • He served as president of 20th Century Fox from 1976 to 1979, during which he approved the production of Star Wars.
  • He later established The Ladd Companyand headed MGM/UA.
  • He won an Academy Award for Best Picture in 1995for producing Braveheart.
  • He affectionately known as “Laddie” was involved in at least 14 best-picture nominees, including Young Frankenstein (1974), The Rocky Horror Picture Show (1975), Chariots of Fire (1981) and Blade Runner (1982).

Daily CA On Mar 04 :

  • March 3 is recognized annually as World Birth Defects Day (WBDD) with the Theme of 2022 WBDD is Many Birth Defects, one voice.
  • World Wildlife Day is celebrated on March 3 every year to celebrate and raise awareness of the world’s wild fauna and flora with the Theme of World Wildlife Day 2022: “Recovering key species for ecosystem restoration”.
  • The World Hearing Day 2022 is annually Observed on 03rd March by the World Health Organisation (WHO) with the theme of To hear for life, listen with care.”
  • Every Year On March 04, National Security Day (Rashtriya Suraksha Diwas) is celebrated in India & also the National Security Week 2022 is being celebrated from March 4 to March 10, 2022.
  • The National Safety Day (NSD) is marked every year on 4 March by the National Safety Council of India with the theme 2022 is “‘Nurture young minds – Develop safety culture’” &the 2022 National Safety Week has been organised from March 04 to 10, 2022.
  • The Lufthansa subsidiary Swiss Air Lines plans has come to an agreement with synthetic fuel group Synhelion to be the first airline in the world to use solar aviation fuel.
  • Digital payments company Paytm has partnered with Indian Railway Catering and Tourism Corporation (IRCTC) to provide digital ticketing services to consumers through Automatic Ticket Vending Machines (ATVMs) installed at railway stations across India.
  • IDBI Bank has launched Corporate Liquidity Management Solution (C-LMS) and Government Liquidity Management Solution (G-LMS) to meet the liquidity management needs of institutional customers.
  • Edelweiss Housing Finance Limited has announced a strategic co-lending partnership with Standard Chartered Bank for extending loans against property to prospective customers, especially MSMEs.
  • UCO Bank, formerly United Commercial Bank in partnership with Fisdom, extends the FinTech partnership to now include demat account & stockbroking services, Pension funds and tax filing.
  • The National Payments Corporation of India (NPCI) announced a special co-branded ‘Yatra SBI Card’on the RuPay network, in collaboration with com and SBI Card.
  • LIC Mutual Fund has appointed T S Ramakrishnan as its Managing Director & CEO, effective March 1, 2022 &He will succeed Dinesh Pangtey, its former Wholetime Director and CEO.
  • Film production and distribution company Yash Raj Films has appointed Akshaye Widhani as chief executive officer.
  • upGrad, the edtech platform, has roped in Amitabh Bachchan as the official brand ambassador.
  • Google has partnered with the MeitY Startup Hub, an initiative of the Ministry of Electronics and Information Technology (MeitY), has announced a cohort of 100 early to mid-stage Indian startups, with an aim to help build global apps and games as part of the Appscale Academy programme.
  • Nepal and India signed a Memorandum of Understanding (MoU) for a long term supply of Urea and DAP(Di ammonium Phosphate) fertilizers from India to Nepal under a G2G arrangement.
  • The Indian Air Force (IAF) will demonstrate the exercise Vayu Shakti in Pokharan firing range close to the India-Pak border in Jaisalmer, Rajasthan on March 7, 2022.
  • Religare Broking Limited launched Religare ‘Pre Apply LIC IPO’ app, which will be a one-stop app to open a demat account and share intent to pre-apply for the LIC IPO.
  • The National Aeronautics and Space Administration (NASA) has successfully launched the third in a series of four next-generation weather satellites, Geostationary Operational Environmental Satellite, GOES-T for the National Oceanic and Atmospheric Administration (NOAA).
  • According to the latest data, from the Ministry of Statistics and Program Implementation, the Telangana State has ranked the Highest in the country among states with a population over 1 crore in terms of growth rate in terms of Per Capita Net State Domestic Product at Current Prices.
  • According to property consultant Knight Frank’s 16th edition of The Wealth Report 2022 India is ranked 3rd in terms of most number of billionaires’ population globally in 2021& in India, the number of UHNWIs (net assets with US$ 30m or more) has grown by 11% YoY in 2021 to 145 billionaires, the highest percentage growth in Asia Pacific (APAC) region.
  • On March 01, 2022, In the International Shooting Sport Federation (ISSF) World Cup,Indian shooting ace Saurabh Chaudhary has won the gold medal after defeating Micheal Schwald of Germany 16-6 in Men’s 10m Air Pistol event in Cairo, Egypt &the silver medal has bagged by Germany’s Michael Schwald while Artem Chernousov of Russia claimed the bronze medal.
  • Indian boxers Nikhat Zareen (52kg) and Nitu (48kg) has won gold medals at the 73rd Strandja Memorial Tournament in Sofia, Bulgaria.
  • Alan Ladd Jr, the Oscar-winning producer has Passed away at the age of 84.

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