Top GKToday’s News Headlines-2 April 2020

Here are Top GKToday’s News Headlines for 2 April, 2020

INDIA

  • India and China celebrate 70th anniversary of the establishment of diplomatic relations on April 1
  • HRD ministry directs CBSE to promote all class 1-8 students to next class
  • Anyone who has resided in the J&K UT for 15 years or has studied for 7 years is a domicile: centre
  • AP govt to buy MOM (Multi-feed Oxygen Manifold) developed by Navy for COVID-19 patients
  • Utkala Dibasa celebrated in Odisha on April 1 to mark its formation as a separate state in 1936
  • Karnataka CM B S Yediyurappa donates annual salary of Rs 24.10 lakh to the ‘Chief Minister’s Relief Fund COVID-19’
  • National Investigation Agency to probe March 25 terror attack on a gurdwara in Kabul; its first overseas case
  • First made-in-India testing kit for novel coronavirus named ‘Patho Detect’ launched at Mylab Discovery in Pune; developed by team led by virologist Minal Dakhave Bhosale
  • WMA
  • RBI increases the Ways and Means Advances (WMA) limit for state governments and union territories by 30% till September 30
  • WMA is a temporary liquidity arrangement with the central bank, which enables the centre and the states to borrow money up to 90 days from the RBI to tide over their liquidity mismatch.

EXPORT PROCEEDS

  • Relaxing the export norms, the RBI said exporters can now take 15 months to realise and repatriate their export proceeds, for exports made up to July 31.
  • As per the normal rules, the exporters have to repatriate the export proceeds within 9 months.

ECONOMY & CORPORATE

  • BSE Sensex loses 1,203 points or over 4 per cent to end at 28,265
  • NSE’s Nifty ends at 8,254, down 344 points or 4 per cent
  • Wipro, Azim Premji Foundation commit Rs 1,125 cr to tackle COVID-19 crisis
  • Civil Aviation Ministry ‘Lifeline Udan’ flights supplied 37.63 tonnes of medical supplies across country till March 31 amid coronavirus lockdown

WORLD

  • UN Secretary General Antonio Guterres calls coronavirus pandemic as world’s biggest challenge since WWII
  • 1977 Nobel Physics Prize winner Philip Anderson dies in US at 96; known for work on magnetism and superconductivity

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