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David
Warner makes 178 runs against Afghanistan
Sports
> Cricket > Mar 4
David Warner made
Australia's highest World Cup individual score of 178, beating the
158 of Matthew Hayden against West Indies in 2007. Warner's innings
included 19 fours and five sixes . With this, Australia made a record
World Cup total of 417 for six wickets in a Pool A match against
Afghanistan. Warner's 260-run second-wicket partnership with Steve
Smith was also an Australian ODI record.
RBI
eases norms for home loans for up to Rs 10 lakh
Bank
Specific >
RBI > Mar 5
In a bid to boost affordable
housing, the RBI has eased the norms for home loans for up to Rs 10
lakh. This move will mandate banks to add stamp duty and registration
charges to the cost of the unit for calculating LTV (loan to value).
These charges that form around 15 per cent of the cost of the house
are currently not included in the cost of housing property. This step
is expected to lighten the burden on the borrowers from economically
weaker sections (EWS) and low income groups (LIG).
UAE
Exchange ties up with YES Bank
Corporate
> UAE
Exchange - YES Bank > Mar 10
UAE Exchange is set to
integrate FLASHremit, an instant account credit facility, with IMPS,
a network of banks in India launched by National Payments Corporation
of India (NPCI). This move will enable customers to conveniently send
money instantly to their beneficiaries in India in Indian Rupees.
Customers in Gulf Cooperation Council (GCC), an important focus
region for YES bank, will largely benefit from this deal. This
initiative will boost YES bank's commitment to emerge as a meaningful
player in the Innovation & Digital Banking space.
Others
World
Wildlife Day observed on 3 March 2015
Days
> World
Wildlife Day > Mar 4
The World Wildlife Day was
observed on 3 March 2015 under the theme of 'Wildlife crime is
serious, let’s get serious about wildlife crime.' The day is
celebrated to acknowledge the varied forms of wild fauna and flora
and raise awareness of the benefits that conservation provides to
people. The day also marks the immediate need to step up and fight
against wildlife crime, which has wide-ranging economic,
environmental and social impacts. 3 March was proclaimed as World
Wildlife Day by United Nations General Assembly (UNGA).
Three
South Asian women to receive International Women of Courage Award
Awards
>
International
Women of Courage > Mar 4
Three South Asian women were
selected from 10 extraordinary women belonging to 10 different
countries for the prestigious International Women of Courage Award
for the year 2015, which is given by the US Secretary of State.
Niloofar Rahmani, Nadia Sharmeen and Tabassum Adnan will be honoured
with the award for demonstrating exceptional courage and leadership
in advocating for peace, justice, human rights and gender equality.
They will be receiving the award in the presence of First Lady of the
US Michelle Obama in Washington DC on 10 March 2015.
Agreement
on Monetary Policy Framework signed by RBI and Union Government
Politics
& Government >
Monetary Policy > Mar 4
An agreement on Monetary
Policy aimed at bringing inflation below 6 percent by January 2016,
has been signed between the Central Government and the Reserve Bank
of India(RBI). This agreement will empower RBI to operate the
monetary policy framework in order to meet the challenge of an
increasingly complex economy. If the RBI fails to meet the target,
then it will have to report to the Union Government the reasons for
the failure to achieve the target. The objective of monetary policy
is to primarily maintain price stability, while keeping in mind the
objective of growth.
Obama
renominates Sunil Sabharwal to key IMF post
World
> IMF > Mar 5
The Indian-American
investor, Sunil Sabharwal has been re-nominated by the US President
Barack Obama to a key administration post as Alternate Executive
Director at the IMF. He was first nominated to the same position in
April 2014. Sabharwal has been an independent investor since 2006.
NASA’s
Dawn spacecraft arrives at dwarf planet's orbit
World
> NASA > Mar 7
NASA's Dawn spacecraft has
become the first mission in the history to achieve orbit around the
dwarf planet Ceres. According to NASA, the spacecraft had reached
61,000 kilometres from Ceres when it was captured by the dwarf
planet’s gravity. Following this accomplishment, Dawn will work on
providing new insights and capturing images of the planet. Dawn is
currently in Ceres’ shadows and won’t take new pictures until it
emerges in April.
International
Women's Day was celebrated on 8th March
Days
> Women’s
Day > Mar 8
The world celebrated
International Women's Day on 8th March 2015. The day was celebrated
with the theme “Make it Happen”, as declared by the United
Nations. The theme encouraged effective action for advancing and
recognizing women. The day is celebrated to recognize the
achievements of women while calling for greater equality. On this
day, several events are organized to celebrate the achievements of
women in various fields. The idea of International Women’s Day was
proposed by Clara Zetkin, the Leader of the 'Women's Office' for the
Social Democratic Party in Germany.
Wipro
named world's most ethical company 2015
Corporate
> Wipro > Mar 9
Ethisphere Institute has
awarded Wipro with the title of World's most ethical company for
2015. The world's most ethical companies designation acknowledges the
organizations that have had a material impact on the way business is
conducted by fostering a culture of ethics and transparency at every
level of the company. The Ethisphere Institute is responsible for
measuring and defining these ethics standards. Wipro is one of only
three companies in the Information Technology Services industry
honoured this year.
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