Daily Current Affairs: March 09, 2017

Current Affairs March 09, 2017

IFMR Capital, Sumitomo Mitsui Banking ink pact

IFMR Capital, a non-banking finance company, has signed an agreement with Sumitomo Mitsui Banking Corporation of Japan to facilitate priority sector investments in India.

Parliament passes bill to extend maternity leave from 12 to 26 weeks

The Lok Sabha passed the Maternity Benefit (Amendment) Bill, 2016 which will raise the maternity leave for working women in public and private sector from 12 weeks to 26 weeks for the first two children.

  • The maternity leave beyond the first two children will continue to be 12 weeks.
  • The bill will now be sent to the President for his assent before it becomes an Act. It has already been passed by the Rajya Sabha during last winter session.
  • Recognising that women who adopt or use a surrogate to bear a child also need time to bond with the child in the initial months, the bill also extends a 12-week maternity leave to adapting and commissioning mothers.
  • The International Labour Organization’s (ILO) Maternity Protection Convention mandates a minimum 14 weeks of maternity benefit to women but recommends that countries should increase it to 18 weeks.

3-day 10TH International Conference on Theory and Practice of Electronic Governance concluded in Delhi

The Ministry of Electronics & Information Technology, Government of India, in collaboration with United Nations University and UNESCO, organized a three-day International Conference 10th ICEGOV 2017 in Delhi from 7th March to Thursday, 9th March, 2017.

  • Theme – Building Knowledge Societies: From Digital Government to Digital Empowerment.
  • The key objective of ICEGOV2017 is to explore how Digital Government can lead to Digital Empowerment by local knowledge.

Government makes Aadhaar card mandatory for poor women to avail free cooking gas

The government has made having an Aadhaar card must for poor women to avail of free cooking gas (LPG) connection under the Pradhan Mantri Ujjwala Yojana.

  • While the government in October last year had made the unique identification number mandatory for everyone to get LPG subsidies, it has now extended the same for free cooking gas connections to women of BPL households.
  • The government had last year launched the Pradhan Mantri Ujjwala Yojana to provide 5 crore poor women with free LPG connections in three years with a view to providing clean cooking fuel.

Government to digitally recreate heritage buildings

In a bid to promote the countrys architectural heritage, the central government will be digitally recreating monuments using 3D technology.

  • The Indian Institute of Technology, Delhi (IIT-D), (under a project) recreated the lost city of Hampi, 3D printed it and also embedded all the information related to the monuments, sculptures, their whole history.
  • Union Science and Technology Ministry is going to reproduce using the same technology now all the monuments.

India, Belgium sign protocol to amend double taxation avoidance agreement

India and Belgium have signed a Protocol to amend the double taxation avoidance agreement to curb tax evasion.

INS Tillanchang commissioned at Karwar

The Indian Navy Ship (INS) Tillanchang, a Water Jet Fast Attack Craft (WJFAC) was commissioned into the Indian Navy.

  • INS Tillanchang will be based at Karwar under the operational control of the Flag Officer Commanding, Karnataka Naval Area.
  • INS Tillanchang is the third ship of four follow-on WJFAC built by the Garden Reach Shipbuilders and Engineers (GRSE), Kolkata.
  • The first two ships of the class, IN ships Tarmugli and Tihayu were commissioned in 2016 and are based at Vishakhapatnam.

Two-day North-East Business Summit begins in Delhi

The summit aims to display the strengths, potentials and initiatives of the North-East, promote investment the region and also have focused deliberations on strategic areas like healthcare, connectivity, agriculture, food processing and energy.

Konkani author Mahabaleshwar Sail gets Saraswati Samman

Eminent Konkani writer Mahabaleshwar Sail has been honoured with the Saraswati Samman 2016 for his novel ‘Hawthan’.

Mega cultural festival ‘India by the Nile’ opens in Egypt with Crafts Mela

The mega cultural festival ‘India by the Nile’ got off to a colourful start at the foot of the Pyramids with a Crafts Mela, showcasing joint handicraft exhibition of India and Egypt.

  • The festival, which is a celebration of Indian music, dance, theatre, visual arts, food and wellbeing, is the largest foreign festival in Egypt showcasing 70 events across the country.

KPMG appoints Bill Thomas as Global Chairman

William B Thomas has been elected Chairman of KPMG International. He will lead the KPMG global network of professional services firms for a four-year term, effective October 1, 2017, succeeding John B Veihmeyer, who is completing his term as Chairman and retiring from the firm at the end of September 2017.

Cyclone Enawo hits Madagascar

Cyclone Enawo that hit northeast Madagascar has killed at least three people and left nearly 500 people homeless.

Alibaba’s UCWeb enhances focus on content; launches ‘We-Media Reward Plan 2.0’

Leading the user-generated content ecosystem in India, Alibaba Group’s UCWeb Inc has announced the launch of We-Media Reward Plan 2.0, a self-creating content platform in India with an initial investment of 50 Million INR.

HP’s first ‘Centre of Excellence’ launched in India

In line with the government’s Digital India initiative, HP Inc launched its first ‘Centre of Excellence’ (CoE) in India. The facility is dedicated to demonstrating innovative solutions developed locally that have the potential to digitally transform the country.

Hawaii challenges Trump’s new travel ban

Hawaii has become the first state to sue against a revised travel ban introduced by the Donald Trump administration.

  • Hawaii had previously sued the Trump administration’s initial travel ban, but the lawsuit was put on hold while other cases played out across the country.
  • Hawaii’s lawsuit says the order will harm the Muslim population, tourism and foreign students.
  • The ban covers Syria, Iran, Libya, Somalia, Sudan and Yemen.

Google Cloud, SAP forge tie-up to develop enterprise solutions

Google has announced a new strategic partnership with SAP, focused on developing and integrating Google’s best cloud and machine learning solutions with SAP enterprise applications.

Google confirms buying data science community Kaggle

US tech giant Google has confirmed the acquisition of Australia-born data science community Kaggle for an undisclosed sum.



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