1. TVS Motor Company won the Green Era Award for Sustainability
TVS Motor Company won the International Sustainability award Green Era Award for Sustainability in Lisbon, Portugal. Tata Motors also won the Quality and Business Excellence Award in acknowledgment of its endeavor to create new benchmarks in product quality.
Green Era Award for Sustainability:
- The Green Era Award for Sustainability was awarded at the Green Economy Forum held on 10th of February 2019 at Lisbon.
- The Green Era Award for Sustainability recognizes the true global exemplars who have been innovative and creative in pursuing sustainable imperative.
The nominees for the Green Era Award for Sustainability are based on the following criteria’s:
- Energy Efficiency
- Creativity & Innovation
- An increase of Renewable Energy share in the energy source portfolio
- Economic, Social & Environmental Impact
2. Coal minister Goyal dedicates 1,000 MW NTPL power project to the nation
The 1,000-MW coal-fired thermal power project of NTPL (Neyveli Tamil Nadu Power Ltd) is a joint venture between NLCIL and TANGEDCO with equity participation of 89:11.
- Piyush Goyal also dedicated 150-MW solar power projects of NLC India Ltd (NLCIL) in Tamil Nadu.
- Tamil Nadu is the sole beneficiary of the 150 MW renewable power plants of Virudhunagar and Ramanathapuram districts commissioned and dedicated to the nation.
3. Vedanta appointed Ajay Kapur as the CEO of its aluminum and power business
Vedanta has appointed Ajay Kapur as the Chief Executive Officer of its aluminum and power business. He joins Vedanta from Ambuja Cements where he was the MD and CEO for its India business.
Mr. Kapur brings with him an experience of 31 years across business verticals. He would drive key priorities for the aluminum business, which include a strong focus on volume and cost and improving efficiencies, among others.
4. RBI fined 7 banks for delayed SWIFT implementation
The Reserve Bank of India (RBI) has imposed a penalty on 7 Banks for delayed implementation of SWIFT-related operational controls. It fined Rs. 4 crores on Karnataka Bank, Rs.3 crore on City Union Bank, Rs.2 crore on DCB Bank and Rs.1 crore on Karur Vysya Bank Ltd., Rs. 4 crores on Indian Bank, Rs.3 crore on IOB and Rs.3 crore on United Bank of India for the same violations.
- SWIFT is the global messaging software used for transactions by financial entities. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication.
- RBI had directed banks on time-bound implementation and strengthening of SWIFT-related operational controls after the Rs. 14,000 crore fraud in Punjab National Bank.
5. India to collaborate with 4 countries to increase 3 species of Asian rhinos
India is to collaborate with Bhutan, Nepal, Indonesia, and Malaysia to increase the population of three species of Asian rhinos, including the Greater one-horned rhinoceros found in the Indian sub-continent. The five rhino range nations signed a declaration ‘The New Delhi Declaration on Asian Rhinos 2019’ for the conservation and protection of the species at the recently held Second Asian Rhino Range Countries meeting in New Delhi, India.
- The declaration was signed to conserve and review the population of the Greater one-horned, Javan and Sumatran rhinos every four years to reassess the need for joint actions to secure their future.
- Mukesh Ambani secured 13th place in the Forbes list of the ultra wealthy
- In the release of the latest Forbes list of the ultra wealthy, Mukesh Ambani, chairman of Reliance Industries, secured 13th place.
- Jeff Bezos remains the world’s richest person with a wealth of $131 billion. Secondly, Bill Gates ranks second with wealth worth $96.5 billion and Warren Buffett in 3rd position.
Forbes List can refer to one of the lists published annually by the American magazine Forbes, including:
(i) The Forbes 400 list of the wealthiest people in the United States
(ii) The World’s Billionaires, a list of all the people with a net worth over $1 billion
6. Azaadi ke Diwane Museum inaugurated at Red Fort
‘Azaadi Ke Diwane’ museum is dedicated to the unsung heroes of the country’s freedom struggle.
Built by the Archaeological Survey of India (ASI), the museum is the fifth in a series of recently inaugurated ones – the others being:
- the Subhash Chandra Bose and Indian National Army (INA) museum,
- the Yaad-e-Jillian museum,
- the Museum on 1857 (on the country’s first war of Independence)
- the Drishyakala (a museum on Indian Art) — on the sacrifices of India’s freedom fighters.
7. Sheikh Ahmad re-elected as President of Olympic Council of Asia
Sheikh Ahmad Al-Fahad Al-Sabah was officially re-elected for an eighth term as President of the Olympic Council of Asia (OCA).
- He won a new five-year term until 2024.
- Tsunekazu Takeda, President of the Japanese Olympic Committee, also retained his position as a vice-president.
About Olympic Council of Asia (OCA):
- Governing body of sports in Asia
- Headquarters: Kuwait City, Kuwait
- Founded: 16 November 1982
- Membership: 45 National Olympic Committees
- Motto: Ever Onward
8. Notun Disha Initiated By Tripura Government
The government of Tripura announced ‘Notun Disha’ (New Direction) for assessing the academic level of students in classes III-VIII and then improving their current level.
- It was launched by state Education Minister Ratan Lal Nath.
- Training will be provided by NGOs and educational institutions to 800 teachers.
9. India has 15 out of 20 most polluted cities in the world
Fifteen of the 20 most polluted cities in the world are in India. Gurugram led all cities in pollution levels in 2018 with Ghaziabad, Faridabad, Noida, and Bhiwadi in the top six.
- India’s national capital region (NCR) emerged as the most polluted region in the world last year.
- The latest data compiled in the IQAir Air Visual 2018 World Air Quality Report prepared in collaboration with Greenpeace Southeast Asia, reveals the state of particulate matter (PM2.5) pollution last year.
- Out of the 20 most polluted cities in the world, 18 are in India, Pakistan, and Bangladesh.
10. Two Nobel Prizes for literature will be awarded this year
The Swedish Academy has said that two Nobel Prizes for literature will be awarded this year. The decision comes after a sex scandal causing the suspension of the award last year.
- The Nobel Prize in Literature will be awarded this autumn for both 2018 and 2019.
- The much-awaited award had to be postponed last year for the first time since 1949.
11. World Bank to provide 250 Million dollars
The Agreement was signed by Mr. Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs, Ministry of Finance, on behalf of the Government of India and Mr. Hisham Abdo, Acting Country Director, World Bank India, in New Delhi.
- The main aim is to promote women-owned and women-led farm and non-farm enterprises across value chains; enable them to build businesses that help them access finance, markets, and networks; and generate employment.
- The $250 million loans have a 5-year grace period, and a final maturity of 20 years.
- The National Rural Livelihoods Mission (NRLM) which is currently being implemented across 13 states, 162 districts and 575 blocks, has so far mobilized more than 8.8 million women from poor rural households into 7.5 lakh self-help groups (SHGs).
12. Haryana Cabinet approved the 2019-20 excise policy
The Haryana Cabinet approved the excise policy for 2019-20, with a revenue target of Rs.7,500 crore. The decision was taken at a meeting under the chairmanship of CM Manohar Lal Khattar.
The Excise policy emphasizes the launch of Ease of Doing Business (EODB) initiatives involving Application and Grant of Licenses online through the Department’s Portal www.haryanatax.gov.in. The Policy also enables liquor manufacturers to market Indian-made foreign liquor (IMFL) in Tetra Packs (biodegradable) of 180 ML, technically called Nips.
- Capital: Chandigarh
- Governor: Satyadev Narayan Arya
- Chief Minister: Manohar Lal Khattar
- Official language: Hindi
13. RInfra wins Rs 648 crore contract from AAI to build a new airport at Gujarat
Reliance Infrastructure (RInra) has bagged a Rs 648 crore contract from the Airport Authority of India (AAI) to build a new greenfield airport at Hirasar, in Rajkot district of Gujarat.
- The new airport is being constructed near National Highway – 8B connecting Ahmedabad and Rajkot, nearly 36 km from the existing Rajkot Airport.
- The government recently approved the development of the airport at an estimated cost of ₹1,405 crore.
- The airport must be completed within 30 months from the date of issue of the contract.