[CA] Daily News [02 - 03 - 2018]

Around INDIA

# Union Cabinet approved the introduction of the Fugitive Economic Offenders Bill, 2018 in Parliament which would allow the government to seize all domestic assets of a person deemed to be a fugitive economic offender; Cabinet also approved the creation of a NFRA (National Financial reporting Authority)

# Congress boycotted Lokpal selection panel meet; the party objected to “special invitee” tag

# NHAI has decided to deploy all women toll collecting staff in day shit on at least one toll plaza close to the city area, in every state and UT of the country on March 08, 2018

# The Western Naval Command of the Indian Navy concluded a large scale operational exercise (Ex. PASCHIM LEHER) in the Arabian Sea

TAMIL NADU

# 2 rowdies killed in encounter in Madurai

# Tamil Nadu Government constituted the State Food Commission with IAS officer, R. Vasuki as its chairperson

# Vijayendra Saraswathi takes over as 70th Jagadguru of Kanchi Kamakoti Peetham in Kancheepuram

STATES SCAN

# Andhra Pradesh: Phirangipuram railway station in the Guntur – Narsaraopet line becomes the first all – women railway station in the State

# Arunachal Pradesh: Arunachal Express connecting Naharlagun in Arunachal Pradesh to Anand Vihar Terminal in Delhi flagged off

# Delhi: Government has decided to establish State Sanskrit Education Council to improve formal education of Sanskrit in Delhi

# Karnataka: Pavagoda solar park (“Shakthi Sthala”) with a capacity of 600 MW was inaugurated in Tumakuru Dt; the park is set to become the world’s largest when it attains its full potential of 2000 MW

# Maharashtra: first mega food park in the state was inaugurated at Degaon village in Satarawas Dt

BILATERAL ISSUES

# 12 MoUs signed between India and Jordan

# Russia and India to construct Rooppur Nuclear Power Plant in Bangladesh

WORLD

# Italy: all ready for polls in Italy, Europe’s fourth – largest economy

ECONOMICS

# Union Finance ministry released a roadmap for consolidation of overseas operations of public sector banks

# Tata Boeing Aerospace Ltd (TBAL) inaugurated facility to manufacture fuselages for the AH-64 Apache helicopter in Hyderabad

# Huawei launched Huawei Balong 5G01, claimed to be world’s first 5G commercial chip

# For the first time in over two years, banks have started hiking the interest rates; SBI and ICICI increased lending rates by up to 20 basis points (bps)

SPORTS

# Russia’s Olympic membership has been restored by the International Olympic Committee (IOC)

# Para – swimmer Prasanta Karmakar was suspended for 3 years by the Paralympic Committee of India (pCI) due to allegations of recording videos of female para – swimmers at the National Championships 2017 in Jaipur

MISC

# “Global Status Report 2017: Towards a zero-emission, efficient, and resilient buildings and construction sector” released by UNEP has listed EMC (Energy Management Centre) campus in Thiruvananthapuram as one of the recent achievements in the deployment of key technologies for energy-efficiency in buildings

- The 40, 000 square foot building is the only one from India to figure in the list, along with five other projects worldwide

- The other projects are: Sierra Crest development in Fontana, California (USA), the Association of Nubian Vaults in Sub – Saharan Africa, a construction and demolition waste recycling project in Paris (France), the Palm Tree economic development project in Hanoi (Vietnam) and the Higashi – Matushima Smart ecotown in northern Japan

# Bengaluru International Film Festival 2018: Korean movie “Excavator” wins Best Asian Film - NETPAC Award; Lifetime achievement award given to Director Maniratnam