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The Japan Aerospace Exploration Agency (JAXA) has said that its Hayabusa2 spacecraft has successfully blasted the surface of an asteroid Ryugu to make a crater on its surface. The move will pave the way for the collection of underground samples for possible clues to the origin of the solar system. For this, the Hayabusa2 dropped a “small carry-on impactor” made of copper onto the asteroid and the spacecraft safely evacuated and remained intact. Now, JAXA is analyzing data to examine if or how the impactor made a crater. The copper explosive is the size of a baseball weighing 2 kg. If successful, it would be the first time for a spacecraft to take such materials. The asteroid, named Ryugu after an undersea palace in a Japanese folktale, is about 300 million kilometers (180 million miles) from Earth. Earlier, Hayabusa2 successfully touched down on a tiny flat surface on the boulder-rich asteroid in February 2019, when the spacecraft also collected some surface dust and small debris.

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David Malpass, a top US Treasury official in Trump administration, was unanimously selected as the new President of the World Bank for a period of five-years. The World Bank President is Chair of Boards of Directors of the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA). The President is also ex officio Chair of Boards of Directors of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and the Administrative Council of the International Centre for Settlement of Investment Disputes (ICSID). Malpass has served on the boards of the Council of the Americas, Economic Club of New York, and the National Committee on US-China Relations.

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To counter growing Chinese footprint in Indian ocean region, the Indian Navy has initiated the process to acquire six lethal submarines under the ambitious Project-75 India (I). The project would cost Rs 50,000 crore. Under Project 75-India, the Navy wants to build six conventional diesel-electric submarines which would be almost 50% bigger than the under-construction Scorpene class submarines being built at the Mazagon Dockyards Limited in Mumbai. As per the requirements stated by the maritime force, it wants the submarines to be equipped with heavy-duty firepower as it wants the boats to have at least 12 Land Attack Cruise Missiles (LACM) along with Anti-Ship cruise missiles (ASCM).

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As per latest report on “South Asia Economic Focus, Exports Wanted” by World Bank (WB), India’s GDP growth is expected to accelerate moderately to 7.5% in FY 20 (2019-20) and will be driven by continued investment strengthening, particularly private-improved export performance and resilient consumption. As per report, Credit growth will benefit from relatively more accommodative monetary policy amid benign inflationary conditions. Support from delayed fiscal consolidation will partially offset the effects of political uncertainty on economic activity around elections in May 2019. The real GDP growth is estimated at 7.2% in financial year FY 19 (2018-19).

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The United States has recently designated Iran’s elite military force, Islamic Revolutionary Guard Corps (IRGC), as a Foreign Terrorist Organization (FTO) in accordance with section 219 of the Immigration and Nationality Act of 1965 (INA). The move, which takes effect on April 15, is part of an effort to put maximum pressure on Iran to end its support for terrorist plots and militant activity that destabilizes the Middle East. Meanwhile, Iran has also designated U.S. military bases and their military forces as terrorist bases and terrorist forces in the region. The IRGC is in charge of Iran’s ballistic missile and nuclear programs. It was formed after the 1979 Islamic revolution with a mission to defend the clerical regime.

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As per Article 324 of the constitution, the Election Commission of India (ECI) has recently issued an order prohibiting display in electronic media including cinematograph of any biopic or publicity material in the nature of biography/hagiography sub-serving the purposes of any political entity or any individual entity connected to it. Hence, ECI banned screening of “PM Narendra Modi”, a biopic on the Prime Minister, till the national elections are over. Earlier, on 10th March 2019, ECI announced General Elections to 17th Lok Sabha 2019 and from the date of announcement of the elections, the Model Code of Conduct (MCC) came into operation. The Lok Sabha elections will begin on April 11 and will be held over seven phases followed by counting of votes on May 23.

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In a major boost for the Indian Army, the Government of India (GoI) has recently cleared the procurement of 464 T-90 tanks from Russia in a deal worth over Rs 13,500 crore. Under the new deal, the T-90 tanks would be provided to the Armoured Corps of the force which will use them for deployment along the border with Pakistan. The contract will also include a Make-in-India element for integration at the Heavy Vehicles Factory in Avadi near Chennai. The T-90 would be equipped with thermal imaging night sights to allow the tank commander to strike enemy locations during night battles. The new inductions will also strengthen the Army’s fire-power along the land border stretch with Pakistan — from Jammu in the north till the western flank in Gujarat. The new deal would increase the number of T-90s in the Army to close to 2,000 along with the remaining T-72 and T-55s.

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Indian captain Virat Kohli has been named as the Leading Cricketer of the year for an unprecedented third year in a row by the 2019 edition of Wisden Cricketers’ Almanack. Kohli was picked as one of the Wisden’s Five Cricketers of the Year, along with Tammy Beaumont, Jos Buttler, Sam Curran and Rory Burns. The Indian skipper is only the third cricketer ever to have won the award more than three times after Don Bradman (10 times) and Jack Hobbs (8 times). India’s Smriti Mandhana has been named as the women’s Leading Cricketer in the World for 2018 while Afghanistan spinner Rashid Khan was named the Leading Twenty20 Cricketer for the second consecutive year. Wisden has been listing out Cricketers of the Year since 1889 and it is considered as one of the more prestigious awards in the sport.

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To empower AGRI, MSME segment and small businesses, the State Bank of India (SBI) has signed the first co-origination loan agreement with PAISALO Digital Limited. It is the first agreement of its kind in the country that SBI has signed. This will introduce a platform for the last mile customer. Here, the loan ticket is designed at Rs 10,000 to Rs 2 lakh. The company expects to disburse 200,000 loan applications in FY20. The move is to enable the customers to reach with ease and use the platform for smooth loan disbursal and repayment easily. PAISALO Digital Ltd is a systemically important non-deposit taking NBFC registered with the Reserve Bank of India and has been in operations since 1992.

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On April 12, the Russia government announced its decision to confer the Order of St Andrew the Apostle – the highest state decoration of the country on Prime Minister Narendra Modi. The decoration is being given to Mr Modi for his exceptional services in promoting special and privileged strategic partnership between the Russian Federation and India and friendly relations between the Russian and Indian people. The Order was established in 1698 by Tsar Peter the Great, in honour of Saint Andrew, the first apostle of Jesus and patron saint of Russia. This is the 7th international award conferred on Mr Modi since he became the premier in 2014. The others are the Zayed Medal of the UAE (2019), the Seoul Peace Prize, UN Champions of the Earth Award, Grand Collar of the State of Palestine (all in 2018), Amir Abdullah Khan Award of Afghanistan and King Abdullaziz Sash of Saudi Arabia (both in 2016). Four of the awards are from Islamic states.