Russia to create a $4 billion anti-crisis fund to protect economy

The Prime Minister of Russia recently announced that the country will create a $4 billion (300-billion rouble) anti-crisis fund with an aim of protecting its economy from the coronavirus attack. He also announced that Russia may miss its growth targets this year and ..

France imposes fine on Apple for anti-competitive behaviour

The competition authority of France recently slapped a record 1.1 billion euro (equivalent to $1.2 billion) fine on US tech major Apple. The fine was imposed for the firm’s anti-competitive behaviour towards its independent retail distributors. The country’s authority announced that ..

Bangladesh celebrates 100th birth anniversary of Bangabandhu Sheikh Mujibur Rahman

On March 17, 2020, Bangladesh celebrated 100th birth anniversary of “Jatir Pita” Bangabandhu Sheikh Mujibur Rahman. PM Modi participated in the celebrations through video conferencing. Bangabandhu: Political Career Sheikh Mujbur Rahman was a Bangladeshi politician. He is called the father ..

Month: Current Affairs - March, 2020

First-ever Indore-Kishangarh flight commenced under RCS-UDAN

Recently the Ministry of Civil Aviation (MoCA) today flagged off the first-ever thrice-weekly flight from Indore to Kishangarh, under the RCS-UDAN scheme. The city of Kishangarh in Ajmer district of Rajasthan is called the ‘Marble city of India’. Star Air ..

What is Forex Swap and LTRO suggested by RBI governor to support Liquidity in India?

The RBI Governor recently stated that the apex bank has several armoury of weapons and it will not hesitate to deploy them. Two of the measures suggested by the governor are Forex Swap and LTRO (Long Term Repo Operation). This ..

Month: Current Affairs - March, 2020

Rampur, Uttar Pradesh

After the Supreme Court’s ruling on the succession of the private properties of Nawab Raza Ali Khan last year, the evaluation process of the inheritance is being conducted amidst the erstwhile royals’ fighting. Rampur City Rampur is a city in ..

ROPAX Service

A new ROPAX service was inaugurated between Mumbai and Mandwa in Maharashtra by the Union Minister for Shipping, while highlighting the importance of waterways as a means of transport. About the Vessel The ROPAX Vessel M2M-1 was constructed in 2019 ..

Chaitra Jatra Festival

The famous Chaitra Jatra festival of Odisha was cancelled as one of the precautionary measures to curb the spread of COVID-19. About the Festival The Chaitra Jatra is an annual festival celebrated at the Taratarini Temple in Odisha. It is ..

Verily Tool

Verily, a subsidiary of Google, is to develop a tool for helping people determine whether they need to get tested for COVID-19 and where they could get tested. About the Tool The tool is to be used for triaging individual ..

COVID-19- A Notified Disaster

The Union Ministry of Home Affairs recently declared the ongoing COVID-19 pandemic as a ‘notified disease’. This would enable the provision of assistance to SDRF. SDRF SDRF or State Disaster Response Fund is the state governments’ primary fund for responding ..