"This article is all about daily important news updates and GK which may help you out to get updated what’s going around you and this may also help you for your Government and Non-government exams preparations"
- SIPRI data on Global military expenditure has released:
Stockholm International Peace Research Institute (SIPRI) has
released Global military expenditure data which shows a rise of 3.6% (USD 1,917
billion) in 2019.SIPRI which headquarter is in Solna, Sweden has also reported
that this was the largest annual spike in the decade since 2010.where china and
India being the second largest spenders after the US for the first time followed
by Russia and Saudi Arabia.
- RBI has announced Rs 50,000 crore for Special Liquidity Facility for Mutual Fund:
The Reserve Bank of India (RBI) announced a special liquidity
facility of Rs 50,000 crore for mutual funds
(SLF-MF), in a move to ease the liquidity pressures on mutual funds amid
coronavirus crisis. Under the SLF-MF, the RBI
shall conduct repo operations of 90 days tenor at the fixed repo rate.
- Indian Overseas Banks special borrowing Programme:
Indian Overseas Bank (IOB) has introduced a special borrowing
programme for self-help groups (SHG) to help them tide over the challenges inflicted
by the COVID-19 pandemic. The maximum loan amount is 5,000 per member of a Self
Help Group with a cap of Rs 1 lakh without any kind of processing fee.
- Pakistan Navy successful test-fires anti-ship missiles:
The Pakistan Navy has successfully test-fired a series of
anti-ship missiles from Surface & Aviation units in the North Arabian Sea. Chief of the Naval Staff Admiral Zafar
Mahmood Abbasi witnessed the firing of the missiles. The missiles were fired
from surface ships, fixed and rotary-wing aircraft.
- World Bank released Commodity Market Outlook:
World Bank’s April 2020 Commodity Markets Outlook has been
released which forecasts prices for 46 key commodities, including oil. The report
says most commodity prices are expected to decrease substantially in 2020 due
to coronavirus.
- Trump says US will seek substantial damages from China for Covid 19
Revealing that his administration is conducting “very serious”
and “very strong” investigations into China’s role in the global coronavirus
pandemic, US President Donald Trump said on Monday that Washington is
considering punitive financial steps against Beijing that could result in some
form of reparation totaling hundreds of billions of dollars.
- Covid-19: Ahmedabad’s death rate is higher than Mumbai, Delhi
While India records a death rate of 3.1% for Covid-19 patients,
this is much higher at 4.71% for patients in Ahmedabad. Against 899 deaths in
28,622 cases in India, Ahmedabad recorded 102 deaths of 2,167 cases till
Monday. This is higher than Mumbai which has recorded 204 deaths out of 5,407(
3.77%) and Delhi’s deaths of 54 to the infected 2,919 cases ( 1.85%).
Other News
Vodafone Idea and Paytm have launched ‘Recharge Saathi’ program that will help
Individuals and small businesses to earn an additional income
which will enable any Paytm customers after registration to start selling Vodafone
and Idea recharges on Paytm app.
Government
has declared banking industry as a public utility service for 6 months till
October 21 under the provisions of the Industrial Disputes Act.
Inclusion of the Banking Industry under this provision of the Industrial
Disputes Act prohibits any banking sector employees and officer to go on strike.
The Indian Institute of Information Technology and Management-Kerala
has developed an AI semantic search engine to enable researchers to get deeper insights
into COVID-19-related scientific studies. The search engine has been named
'Vilokana' which means 'finding out' in Sanskrit.
The PRACRITI (Prediction and Assessment of Corona Infections and
Transmission in India) dashboard will provide the R0 values of each district
and state in India based on the data available from sources such as the MoHFW,
NDMA, and WHO. The platform will be useful for healthcare bodies, local and
central authorities.
Airtel
and Nokia sign multi-year deal to deploy Nokia’s Single Radio Access Network
(SRAN)
solution across 9 circles in India to enhance the network capacity &
improve
Customer experience with 300,000 radio units across several
spectrum bands. Nokia's SRAN solution helps operators manage their 2G, 3G and
4G networks from one platform reducing network complexity and increasing cost efficiencies.
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