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Important Current Affairs of 21 March

INTERNATIONAL:

India attacks UNSC for Progressively Undermining UN General Assembly in finding solutions for global challenges.

• India and UN General Assembly must take lead in finding solutions to the challenges faced by the world, slamming the Security Council for "progressively undermining" the authority of the 193-member global body. India's deputy permanent representative K Nagaraj Naidu said on Monday the growing number of complex challenges facing the world, like those related to peace and security, climate change and sustainable development that cut across boundaries and regions can be addressed only through a genuine multilateral and participative process.

• The prerogatives and authority of the General Assembly have been progressively undermined by the Security Council through its frequent attempts to redefine its scope of competence through wider and permissive interpretations of what constitutes a threat to international peace and security and by engaging in discussions on issues that clearly fall within the purview of the General Assembly.

Cyclothon held on the occasion of World Sparrow Day.

• A colourful cyclothon was organised in Berhampur on the occasion of World Sparrow Day, March 20th, to mark the progress of making Ganjam the first sparrow-friendly district of Odisha. The event aimed at spreading awareness about the rising number of vehicles causing air pollution, which, in turn, affects the avian population.

• A large number of cyclists donning sparrow masks along with a sparrow mascot took part in this cycle rally organised by youth environmental organisation Anchalika Vikash Parishad (AVP) and the Forest Department.

Nirav Modi was denied bail in London.

• ndian businessman Nirav Modi who was accused in the Rs.13,000 crore Punjab National Bank fraud case was denied bail in London, despite offering the court assurances including £500,000 as security.  Mr.Modi is now due to appear before Emma Arbuthnot, the Chief Magistrate of Westminster Magistrates Court, who ordered Vijay Mallya’s extradition on March 29.  The hearing before District Judge Marie Mallon took place a day after Mr. Modi was arrested at a bank branch in London by the Metropolitan Police.

SAIL launched Smart Garbage Bins.

• Steel Authority of India Ltd (SAIL) has launched smart garbage bins made of stainless steel which integrates technology for smart waste management. Smart Garbage Bins The IOT (Internet of Things) enabled Gazelle sensors Smart Garbage Bins will send signals to the garbage collection vehicle about the 'fill-up' position of the bin. This provides for better cleaning and lower human intervention.

• These Smart Garbage Bins made up of SAIL SALEM stainless steel will be installed in underground Reinforced Cement Concrete (RCC) pits at the Smart Garbage Station. This will help prevent the spread of stink and diseases. There will be separate bins for recyclable and non-recyclable wastes.  Initially, these Smart Garbage Bins will be placed at one each at Kamala Nagar in North and BhikajiCama Place in South Delhi.

Kazakhstan renames capital Astana as 'Nursultan' after ex-President.

• Kazakhstan's Parliament has voted to rename the country's capital Astana as 'Nursultan', in honour of former President Nursultan Nazarbayev. Kazakhstan's new President Kassym-Jomart Tokayev had proposed the move to rename the capital in honour of Nazarbayev, who announced his resignation on March 19 after 30 years in power. Nazarbayev's daughter, Dariga, was elected speaker of the Senate.

Google unveiled video game streaming service Stadia.

• Google unveiled its on-demand video-game streaming service Stadia, built for Chrome, Android and TVs, at the 2019 Game Developers Conference in San Francisco, California. Stadia's 'Crowd Play' feature will let people, watching a YouTube live stream, to actually join the streamer's game. The service will initially be launched this year in the US, Canada, the UK and Europe.

Italy to join China's Belt and Road Initiative.

• Italian Prime Minister Giuseppe Conte pledged to make Italy the first Group of Seven nation to join China's ambitious Belt and Road initiative (BRI). This move will help rebalance Italy's trade with the Asian nation. Four Italian ports could reportedly be opened to Chinese investments for BRI. The US has warned Italy against joining the Chinese initiative.

BANKS AND ECONOMICS:

South Indian Bank to issue Basel III compliant bonds.

• South Indian Bank plans to raise up to Rs.250 crore by issuing Basel III compliant bonds. The Committee approved the information memorandum for issuance of rated, unsecured, redeemable, non-convertible, Basel III compliant, lower tier 2 bonds up to Rs.150 crore with an option to retain an over-subscription aggregating up to Rs.100 crore, aggregating to total issue size of Rs.250 crore.

Vodafone Idea approves terms for Rs. 25,000 Crore worth Rights Issue at 60 percent discount.

• India's largest telecom firm Vodafone Idea announced its board has approved ₹25,000 crore rights issue at a discount of around 60% to the current share prices. Vodafone Group and the Aditya Birla Group would contribute ₹11,000 crore and ₹7,250 crore, respectively. The issue will increase the number of Vodafone Idea shares by 229%. Vodafone Idea stock fell as much as 7.6 per cent to Rs. 29.60, its steepest intraday fall in almost two months.

Mizoram Assembly passed Mizoram Maintenance of Household Registers Bill, 2019 to detect illegal foreigners

• Mizoram Assembly passed a new bill named Mizoram Maintenance of Household Registers Bill, 2019 with an objective to detect foreigners illegally residing in Mizoram,who takes away the benefits of the citizen of Mizoram. As per the Bill, the Assembly will create the 2 registers namely one for the citizen residents and another for non-citizen residents of a village/area/town. This register comprises the name, details and passport size photographs of every individual in the state.

NATIONAL:

Social Media platforms to prevent violation of Code of Ethics during polls.

• Social Media platforms and internet mobile Association of India (IAMAI) have adopted a Voluntary Code of Ethics for the forthcoming general elections. According to the code submitted to the election Committee, IAMAI and Social Media platforms, including Facebook, WhatsApp, Twitter and Google, will create a high priority dedicated reporting mechanism and appoint dedicated teams during the polls for taking expeditious action on any reported violations

• No political campaign will be allowed to run on major social media platforms in the last 48 hours before polling ends. It has also been agreed to provide a mechanism for political advertisers to submit pre-certified advertisements issued by the Media Certification and Monitoring Committee. 

• The code also promises to facilitate transparency in paid political advertisements. The social media companies will take action on content reported by the nodal officer, expeditiously, in accordance with the law. IAMAI will act as the liaison between social media firms and the poll panel. Our correspondent reports that the code, which comes into operation with immediate effect, has been developed to ensure free, fair and ethical use of social media platforms to maintain the integrity of the electoral process. 

Shark-faced plane lands at Delhi airport for the first time.

• A shark-themed plane, an Embraer E190-E2 commercial jet, landed at the Delhi's Indira Gandhi International Airport for the first time. Last year, the shark-themed aircraft landed at Lhasa's Gonggar Airport (Tibet), one of the world's highest airports at 11,713 feet. E190-E2 is manufactured by Brazilian aircraft manufacturer Embraer.

IND INDO CORPAT 2019 was inaugurated at Port Blair.

• The 33rd edition of India-Indonesia coordinated patrol (IND-INDO CORPAT) was inaugurated at Port Blair, Andaman & Nicobar Islands. The IND-INDO CORPAT 2019 is held from 19 Mar to 04Apr 2019.  Navies of both countries have been carrying out coordinated patrolling twice a year since 2002 in an effort to keep the Indian Ocean region (IOR) safe and secure for commercial shipping and international trade.  It also enhances mutual understanding and interoperability between the two navies.

•  IND-INDO CORPAT 2019  From the Indonesian Side Naval Ship, KRI Sultan Thaha Syaifuddin and Maritime Patrol Aircraft CN-235 are taking part. Commodore Ashutosh Ridhorkar, Naval Component Commander, Andaman and Nicobar Command is leading the Indian side. During the exercise ships and aircraft from both the countries would undertake the patrolling on the respective sides of 236 nautical miles long International Maritime Boundary line.

SpiceJet becomes first Indian low-cost airline to join IATA as a member.

• Budget carrier SpiceJet has joined global airlines' grouping International Air Transport Association (IATA), becoming the first Indian low-cost carrier to get the membership. The membership would help SpiceJet, which has ambitious expansion plans, to have codeshares and agreements with other carriers. IATA has over 290 airlines as members. Other Indian members of the IATA include Air India, Jet Airways and Vistara.

Indian-Omani group signs USD 3.8 billion deal to build Sri Lanka refinery.

• India's Accord Group and Oman's oil ministry have signed a $3.85 billion deal to build an oil refinery in Sri Lanka. This is the biggest single pledge of FDI (Foreign Direct Investment) ever made in the country. The project will be located near the southern Sri Lankan port of Hambantota, which was handed over on a 99-year lease to a state-owned Chinese company. Privately-owned Accord Group will control 70 per cent of the joint venture and the Sultanate of Oman's Ministry of Oil and Gas the rest. The refinery is expected to produce 9 million metric tonnes of refined products a year for export from the Hambantota port, which serves the busiest East-West shipping route.

India ranked 140th in the happiest country in the world 2019 list.

• Finland has been ranked as the happiest country in the world 2019 for the second year in succession. The report was released by the Sustainable Development Solutions Network for the United Nations on March 20. India secured 140th place, seven spots down from last year, on UN World Happiness Report- 2019. Indians are not as happy in 2019 as they were in 2018 and the country figures at 140th place, seven spots down from last year, on UN World Happiness Report- 2019

•  The UN’s seventh annual World Happiness Report, which ranks the world’s 156 countries on “how happy their citizens perceive themselves to be”, also noted that there has been an increase in negative emotions, including worry, sadness, and anger. Pakistan is ranked 67th, Bangladesh 125th and China is placed at 93rd position, according to the report. People in war-torn South Sudan are the most unhappy, ranked 156th, with their lives.

Mumbai social worker Gauri Sawant designated as first transgender election ambassador

• A 38-year-old transgender activist Shree Gauri Sawant from Mumbai appointed as first transgender election ambassador by The Election Commission of India. There was no separate classification of transgenders as voters till 2014 but after that transgenders were first enrolled as voters along with males and females. Automotive Tyre Manufacturers’ Association (ATMA) appointed as Mr. K M Mammen as Chairman. Automotive Tyre Manufacturers Association (ATMA) appointed as Chairman & Managing Director of MRF Ltd Mr. K M Mammen as their chairman.

SPORTS:

Tokyo 2020 Olympics torch unveiled.

• Tokyo 2020 Olympics unveiled a cherry-blossom shaped torch for the Games as the city prepares for the famed flower season to begin in coming days. The top part of the torch is shaped in the traditional emblem of the sakura, or cherry blossom using the same cutting-edge technology as in the production of Japan's bullet trains, the organisers said.

• The shiny rose-gold torch, which is 71 centimetres (28 inches) long and weighs 1.2 kilograms (2 pounds 10 ounces), uses aluminium construction waste from temporary housing built for victims of the 2011 quake and tsunami. Fukushima was chosen as the starting point for the Olympic torch relay.  Japan has dubbed the 2020 Games the "Reconstruction Olympics" and wants to showcase recovery in regions devastated by the disaster.

India bags over 350 medals at Special Olympics World Games.

• India got more over than 350 medals at the Special Olympics World Games 2019 at Abu Dhabi in UAE, making the history for the country. The current medal tally stands at 85 Gold, 153 Silver and 124  Bronze totalling 362 medals. Some of the biggest names in world music will perform at the spectacular Closing Ceremony at Zayed Sports City.

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