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Current Affairs 3 April 2019

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Current Affairs 3 April 2019

shape Introduction

Current Affairs is a type of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or ongoing at the time of broadcast. The article Current Affairs 3 April 2019 includes News summary on current events of International, National, Banking, Sports, Awards, Appointments, and Books importance of 3 April 2019.

shape International

PM asks Corbyn to help break deadlock

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Key Highlights
  • Theresa May will ask the EU for an extension to the Brexit deadline to "break the logjam" in Parliament.

  • The PM says she wants to meet Labour leader Jeremy Corbyn to agree a plan on the future relationship with the EU.

  • But she insisted her withdrawal agreement - which was voted down last week - would remain part of the deal.
Malaysia's former Prime Minister Najib Razak is set to stand trial for his role in a financial scandal

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Key Highlights
  • Mr Najib is accused of pocketing $681m (£522m) from the sovereign wealth fund 1MDB. He denies any wrongdoing.

  • The fund was meant to boost Malaysia's economy through strategic investments.

  • Instead, money from it was allegedly used to fund lavish lifestyles, a Hollywood film and a super-yacht.
US President Donald Trump has said he wants to wait until after the 2020 election

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Key Highlights
  • US President Donald Trump has said he wants to wait until after the 2020 election to draft a new healthcare plan to replace the Affordable Care Act.

  • The move reverses Mr Trump's call last week to quickly scrap ex-President Obama's signature law, which surprised some Republicans in Congress.

  • It comes as the justice department backed a lawsuit aiming to strike down the healthcare law as unconstitutional.
US approves sale of 24 MH 60 Romeo Seahawk helicopters to India for $ 2.4 billion

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Key Highlights
  • Designed for hunting submarines as well as knocking out ships and conducting search-and-rescue operations at sea, the Lockheed Martin-built helicopters, would replenish India’s aging fleet of British-made Sea King helicopters.

  • The US has approved the sale of 24 multi-role MH-60 ‘Romeo’ Seahawk helicopters to India at an estimated cost of USD2.4 billion, the State Department has said.

  • India has been in need of these formidable anti-submarine hunter helicopters for more than a decade now.
The biggest Saudi oil field is fading faster than anyone guessed

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Key Highlights
  • Ghawar in Saudi Arabia, the world’s largest conventional oil field, can produce a lot less than almost anyone believed.

  • It was a state secret and the source of a kingdom’s riches. It was so important that US military planners once debated how to seize it by force. For oil traders, it was a source of endless speculation.

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Odisha government has performed ‘below average’, says election watchdog

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Key Highlights
  • The survey commissioned by ADR and conducted between October 2018 and December 2018, covered approximately 10,500 respondents across all 21 parliamentary constituencies of Odisha.

  • Election watchdog Association for Democratic Reforms on Tuesday said that the Naveen Patnaik government had performed “below average” in access to drinking water, better employment opportunities and roads.
ED attaches Hyderabad’s Viceroy Hotels assets in alleged bank fraud case

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Key Highlights
  • The properties of Viceroy Hotels, Hyderabad, to the extent of Rs 315 crore was provisionally attached under the provisions of the PMLA.

  • The Enforcement Directorate (ED) on Tuesday attached immovable and movable properties of Hyderabad-headquartered Viceroy Hotels worth Rs 315 crore under the money laundering law in an alleged bank fraud case.
The burden of Type 2 diabetes contributed by exposure to fine particulate pollution is the highest in India

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Key Highlights
  • In 2017, exposure to PM 2.5 pollution was found to be the third leading risk factor globally for Type 2 diabetes-related deaths and disability after high blood sugar and excessive body weight

  • The burden of Type 2 diabetes contributed by exposure to fine particulate pollution is the highest in India, according to the State of Global Air 2019 report released on Wednesday. Air pollution lowers insulin sensitivity, contributing to diabetes.
Gauhati High Court order held that the CBI was neither an organ nor a part of the DSPE

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Key Highlights
  • The Calcutta high court will examine the legal validity of the Delhi Special Police Establishment (DSPE) Act as well as that of the CBI which derives its power to investigate from the legislation.

  • In 2013, a Gauhati High Court order held that the CBI was neither an organ nor a part of the DSPE and cannot be treated as a police force constituted under the DSPE Act, 1946.
India and the US are planning to revive the Defence Policy Group

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Key Highlights
  • BECA will allow India to use US geospatial maps to get pinpoint military accuracy of automated hardware systems and weapons such as cruise and ballistic missiles.

  • India and the US are planning to revive the Defence Policy Group (DPG) between the two countries after a four-year gap, with a discussion on the text of the Basic Exchange and Cooperation Agreement (BECA) one of the key items on the agenda, according to senior officials familiar with the matter.

shape Banking

Suryoday Small Finance Bank raises ₹248 cr through private placement

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Key Highlights
  • Suryoday Small Finance Bank, a scheduled commercial bank, has raised ₹248 crore in equity funding through private placement, which the company intends to use for expansion plans.

  • The funding saw participation by three promoters, two new investors, and 13 existing investors.
GST Revenue collection for March, 2019 recorded Highest Collection in the FY 2018-19

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Key Highlights
  • Total Gross GST revenue collected in the month of March, 2019 has crossed the Rupees One Lakh Crore mark as it has recorded the collection of Rs.1,06,577 crore of which CGST is Rs. 20,353 crore, SGST is Rs.27,520 crore, IGST is Rs.50,418 crore (including Rs. 23,521crore collected on imports) and Cess is Rs. 8,286 crore (including Rs. 891crore collected on imports).

  • The revenue of March 2019 has shown the growth of 15.6% as compared to March, 2018, when it was Rs. 92,167crore.

shape Sports

The man who had lost his way and his place in the National squad

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Key Highlights
  • The man who had lost his way and his place in the National squad, after winning World Cup gold and silver medals, with a world record to boot, last year, Shahzar Rizvi has fought his way back into the team for the World Cups to be held in Beijing and Munich.

  • Shahzar was able to regain his berth in the team thanks to a fine spell in the selection trials.
Shreyas has Kohli’s men in knots with wrong ’uns as RCB’s agonising run continues

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Key Highlights
  • The Rajasthan Royals leg-spinner came up with a dream spell that helped his team post its first win after three straight defeats.

  • For Royal Challengers Bangalore, which lost by seven wickets at the Sawai Mansingh Stadium here, the nightmare continues. Virat Kohli’s men are the only ones without a win after four games.

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Kandhamal Haldi (turmeric), Odisha’s locally grown turmeric in its Kandhamal district has received the Geographical Indications (GI) tag

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Key Highlights
  • Kandhamal Haldi (turmeric), Odisha’s locally grown turmeric in its Kandhamal district has received the Geographical Indications (GI) tag from Intellectual Property India. It is organically grown by tribals.

  • In 2018, Kandhamal Apex Spices Asso ciation for Marketing (KASAM) in Phulbani, had applied for registration of the Kandhamal turmeric. It was accepted under sub-section (1) of Section 13 of the Geographical Indications of Goods (Registration and Protection) Act, 1999.

shape Appointments

Algeria's president resigns amid mass protests

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Key Highlights
  • Algeria's President Abdelaziz Bouteflika is resigning after weeks of mass protests, state media report.

  • Mr Bouteflika, who has been in power for 20 years, had already dropped plans to seek a fifth term as opposition to his rule grew.

  • The powerful Algerian army had called for the 82-year-old to be declared incapable of carrying out his duties.
Manoj Yadava’s appointment as Haryana DGP challenged

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Key Highlights
  • IPS Officer Prabhat Ranjan Deo had filed plea in Delhi high court, claiming that he was overlooked in the process of empanelment for the post of DGP.

  • The Delhi high court asked the Union Public Service Commission (UPSC) to file a response to a plea challenging the appointment of Manoj Yadava as Haryana’s director general of police (DGP).

  • Justice Suresh Kait also asked the Haryana government to file a reply and listed the matter for next hearing. The plea was filed by IPS officer Prabhat Ranjan Deo through his counsel Ashwarya Sinha.

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Garuda Prakashan launched ‘Modi Again’ and ‘Saffron Swords’

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Key Highlights
  • The Indian Publishing company, Garuda Prakashan Private Limited, launched its two books “#Modi Again” and “Saffron Swords – Centuries of Indic Resistance to Invaders”.

  • “#Modi Again Why Modi is right for India, An Ex-Communist’s Manifesto” authored by Aabhas Maldahiyar, states the reasons about how Narendra Modi is right for India.

  • “Saffron Swords: Centuries of Indic Resistance to Invaders” written by Manoshi Sinha Rawal is a book on 52 unsung warriors of India from last 1300 years.
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