Current Affairs 15th March 2020
1. Government approves Rs 7,660
crore green highway project in 4 states
- For
building 780-km ‘green’ National Highway project.
- In states
of Himachal, Rajasthan, UP & Andhra
- Union
Minister of Road Transport & Highways: Nitin Gadkari
2. Compensation to Be Paid Within
30 Days: New POCSO Rules Comes into Force
- POSCO = Protection
of Children from Sexual Offences
- Central
Govt notified POSCO rules 2020, replacing the earlier 2012 Rules,
- Whereby
State Govt shall pay the compensation ordered by the Special Court within 30
days of receipt of such order
- CJI :
Sharad Arvind Bobde
3. NSE facilitates single-largest
debt issuance by InvIT
- Around
Rs. 1,675 crores
- By an
infrastructure investment trust (InvIT) on its platform through its electronic
bidding platform
- MD &
CEO NSE : Vikram Limaye
4. Cabinet approves RoDTEP scheme
to reimburse taxes, duties paid by exporters
- RoDTEP = Remission
of Duties or Taxes on Export Products
- A scheme
for exporters to reimburse taxes & duties paid by them
- Such as
value-added tax, coal cess, mandi tax, electricity duties & fuel used for
transportation
- India’s
exports were $265.26 bn in April-January period
5. Maharashtra renames Aurangabad
airport to Chhatrapati Sambhaji Maharaj Airport
- Maharashtra
Assembly passed a resolution recommending the name change.
- It also
passed a resolution to rename Mumbai central station here after philanthropist
Nana Shankarsheth
- Maharashtra
CM : Uddhav Thackeray;
- Governor :
B S Koshyari
6. Saurashtra Beat Bengal To
Clinch Maiden Ranji Trophy Title
- The final
played at SCA Stadium.
- SCA = Saurashtra Cricket Association Stadium
- Jaydev
Unadkat broke a 21-year-old record.
- As he
became the fast bowler with most wickets in a single Ranji season.
- Ranji
Trophy is a domestic first-class cricket championship.
7. Kotak, HDFC, Axis & ICICI
Bank to collectively invest Rs 31,000 cr in Yes Bank
- Kotak
Mahindra Bank to acquire 50 cr, investing Rs 500 cr
- HDFC- 100
crore, investing Rs 1000 cr
- Axis Bank
– 60 crore, investing Rs 600 cr
- ICICI-
100 core, investing Rs 1000 cr
- At a
price of Rs 10 per share in the Yes Bank
- Authorised
cap of Yes Bank raised to Rs 6200 cr from Rs 1100 cr
8. Infosys completes acquisition
of Simplus
- Simplus, is
one of the fastest growing Salesforce Platinum Partners in the US &
Australia in an up to $250 million deal.
- Salesforce
had a minority stake in Simplus
- Infosys
is Bengaluru a headquartered IT Company
9. RBI issues guidelines for Ind
AS implementation by NBFCs, ARCs
- Ind AS = Indian
Accounting Standards.
- While
preparing their financial results, aimed at facilitating comparison and better
supervision
- IND AS
have been harmonised with Int. Financial Reporting Stds
10. RBI revises exposure limits
for urban cooperative banks to single, group borrowers
- RBI
revised exposure limits for single borrowers at 15%
- For group
borrowers at 25% of tier-1 capital.
- UCBs
shall bring down their existing exposures within the revised limits by March
31, 2023
- RBI
increased overall PSL target for UCBs to 75% of ANBC
11. Exports post first rise in 7
months, grow by 2.91% in February
- India’s
exports rose for the first time in 7 months in Feb growing by 2.91% to $27.65
billion, as per commerce ministry data. Imports grew by 2.48% to $37.5 billion,
leaving a trade deficit of $9.85 billion as against $9.72 billion in Feb 2019
- Did you Know
- Union
Minister of Commerce and Industry: Piyush Goyal
12. Rajya Sabha nod for Vivad Se
Vishwas Bill
- Parliament
has given its nod to
Direct Tax Vivad se Vishwas Bill, 2020.
- It
intends to provide a one-time
opportunity to end
disputes by giving taxpayers a chance to settle tax disputes by paying
their dues without any interest or penalty till March 31
- Cap of ₹5
crore in dues included in scheme
13. Wings India 2020 launched in
Hyderabad
- Wings
India 2020, the biennial civil aviation & aerospace event
- Event was
launched at Begumpet Airport in Hyderabad.
- UDAN 4.0+
knowledge paper on the changing landscape of Indian aviation sector under
regional connectivity scheme was released
- Theme =
Flying for All
