Top GKToday’s News Headlines-13 March 2020

Here are Top GKToday’s News Headlines for 13 March, 2020

INDIA

  • Central government sets up a central helpline — 011-23978046 — related to coronavirus outbreak
  • UP Govt. to depute ‘Arogya Mitras’ at primary health centres to inform people about govt health schemes
  • Mumbai Central station to be renamed after Nana Shankarsheth (1803-1865)

ECONOMY & CORPORATE

  • BSE Sensex 32,778.14 (–2,919.26) and NSE Nifty 9,590.15 (–868.25) see biggest one-day fall in absolute terms
  • Consumer Price Index (CPI) based retail inflation declines to 6.58% in February 2020
  • Factory output, as measured in terms of the Index of Industrial Production (IIP), grew 2% in January 2020
  • Current Account Deficit (CAD) narrows to 1% of GDP in April-December 2019
  • Parliament passes Insolvency and Bankruptcy Code (Amendment) Bill, 2020 that will help ring-fence successful bidders of insolvent companies from risk of criminal proceedings for offences committed by previous promoters
  • Parliament passes Mineral laws (Amendment) Bill, 2020 that removes end-use restrictions for participating in coal mine auctions
  • State Bank of India announces Rs 7,250-crore fund infusion into Yes Bank to pick up 49% equity
  • Centre nominates Financial Services Secretary Debasish Panda to RBI board

WORLD

  • US suspends all travel from European countries except UK for the next 30 days due to coronavirus
  • US Congress passes resolution making its approval mandatory for President Donald Trump for any military action against Iran
  • Manila-based Asian Development Bank to provide USD 200 million to companies manufacturing and distributing medicines, and other items needed to combat the novel coronavirus (COVID-19)
  • Coronavirus confirmed as pandemic by World Health Organization
  • Indian Naval Ship (INS) Shardul hands over 600 tonnes of rice and relief material to flood-hit Madagascar

SPORTS

  • World Athletics Council fines Russian Athletics Federation USD 10 million for breaching anti-doping rules; caps at 10 the number of Russians allowed to compete as neutrals at the Tokyo Olympics

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