Current Affairs Update – 9th March, 2015


           Today’s Topics

   •  Finance
   •  Business
   •  India
   •  World
   •  Awards
   •  Sports

Finance

Global food prices
dip to 5-year low in February

  • Global food prices fell to a nearly five-year low in
    February this year on increased supply of key food items and strong US dollar,
    according to the United Nations food agency FAO.
  • Food prices averaged at 179.4 points in February, down from
    181.2 points in January and 208.6 points in February 2014, the Food and
    Agriculture Organisation’s price index showed. 
  • FAO’s Food Price Index is a trade-weighted index that tracks
    prices of five major food commodity groups on international markets. It
    aggregates price sub-indices of cereals, meat, dairy products, vegetable oils
    and sugar.

NPCI links 15 crore
bank accounts with Aadhaar number
  • National Payments Corporation of India (NPCI), the umbrella
    organisation for all retail payment system in India, has successfully linked 15
    crore bank accounts with Aadhaar number.
  • It is expected that soon the beneficiaries of all types of
    government subsidiaries/benefit transfers will be brought under the linkage
    programme. “The current focus is on linking the bank accounts of 17 crore DBTL
    (direct benefit transfer) beneficiaries with Aadhaar numbers, latest by June
    30, 2015,” NPCI said in a statement.

Business
TCS ranked as top
employer in Europe for 3rd consecutive year

  • Tata Consultancy Services has been named as the top employer
    in Europe for the third consecutive year by a top employers certification
    agency, citing the Indian IT major as an “exceptional performer” in nine core
    human resources areas.
  • TCS, the leading IT services, consulting and business
    solutions organisation, has been certified as top employer in eight European
    countries — the UK, Belgium, the Netherlands, Germany, Switzerland, Sweden,
    Denmark and Norway by Top Employers Institute.
  • The company has been recognised as an exceptional performer
    across nine core human resources areas talent strategy, workforce planning,
    onboarding, learning and development, performance management, leadership
    development, career and succession management, compensation and benefits, and
    organisational culture.
  • The TCS was ranked as the overall number one in a process
    that assessed 688 organisations across Europe.

Wipro named as a most
ethical company by Ethisphere Institute
  • Wipro has been named the most ethical company by the
    Ethisphere Institute, one of the leading institutes in defining and advancing
    the standards of ethical business practices.
  • This is the fourth consecutive year that Wipro has bagged
    this acclaim. The World’s Most Ethical Companies designation recognizes those
    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.

Emami ropes in
Hrithik Roshan to endorse Fair and Handsome brand
  • Fast moving consumer goods major Emami Ltd has roped in
    actor Hrithik Roshan as one of the brand ambassadors for the ‘Fair and
    Handsome’ brand.
  • Hrithik, already a brand ambassador for Emami’s “He” range
    of men’s deodorants, will now endorse the “fairness” face-wash (under the Fair
    and Handsome).
  • The Fair and Handsome brand is pegged at Rs. 235 crore, a
    release issued by the company said.
  • The brand portfolio, currently includes a “fairness” cream
    and the face-wash for men. While the cream was launched in 2005; the face-wash
    was launched last year.

India

Aapki Beti Humari
Beti scheme launched in Haryana

  • Haryana Chief Minister Manohar Lal Khattar on 8 March 2015
    launched a scheme for girl child – Aapki Beti Humari Beti. The scheme was
    launched with an aim to combat the problem of declining child sex ratio in the
    state. 
  • The scheme was announced at a state-level function on the
    occasion of International Women’s Day at Panchkula. Khattar launched the scheme
    by giving away a cheque of 21000 rupees each to mothers of six female children
    born on or after 22 January 2015.

Key
Characteristics of the Scheme
  • Under the scheme, the first girl child born on or after 22
    January 2015 in Schedule Caste (SC) and Below Poverty Line (BPL) families will
    be eligible to receive 21000 rupees.
  • The second girl child born on or after 22 January 2015 of
    all families will also receive the same amount. 
  • Families where twin girls or multiple girls are born will
    also get 21000 rupees per girl child.

Other schemes that
were launched during the function
  • Haryana Kanya Kosh: for the welfare and development of girl
    child and women in the state
  • Multi Sectoral Nutrition Programme: The programme will
    address the maternal and child nutrition in five districts namely Mewat,
    Fatehabad, Narnaul, Palwal and Kaithal. 

Government decides to
speed up Rs 90,000 crore power projects 

  • While the government seeks to reform the land acquisition
    law this week, it has decided to fast-track 10 power projects worthRs 90,000
    crore planned by state-owned companies led by NTPC, which have been held up by
    land-related issues, identified in the Economic Survey as the biggest hurdle
    for stalled public sector investments.
  • In a bid to jumpstart economic activity through public
    investments, the power ministry last week turned to the cabinet secretariat’s
    project monitoring group to help bring back on track stalled investments
    involving over 15,600 MW of capacity and critical transmission lines for states
    such as Jammu & Kashmir. 

World
World’s First Solar-Powered
Aircraft to Land in Gujarat Tomorrow

  • Solar Impulse, claimed to be the world’s only solar-powered
    aircraft, will make a stop over in Ahmedabad tomorrow as a part of its maiden
    global journey.
  • After making a landing here, the solar-powered aircraft’s
    founders and pilots Bertrand Piccard and André Borschberg are likely to stay in
    the city for two days before leaving for Varanasi in Uttar Pradesh, the release
    said.
  • The Swiss solar-powered aircraft’s flight got delayed by a
    day due to bad weather conditions in the UAE. The aircraft was scheduled to
    land in Ahmedabad today, but now it will make a stop over here tomorrow, it
    said.
  • Piccard and Borschberg, during their stay in the city, will
    reach out to the government, NGOs, universities and schools to spread the
    message of clean technologies.
  • The aircraft is also likely to hover above Ganga river in
    Varanasi to spread the message of cleanliness and clean energy, an official
    associated with the project said.

Awards
Kerala Tourism won
the silver prize of Golden Gate award for promoting the backwaters of Kerala

  • Kerala Tourism on 8 March 2015 won the silver prize of
    Golden Gate award at the Internationale Tourismus-Borse Berlin (ITB-Berlin)
    2015, Germany. Kerala won the award for its global multimedia campaign to
    promote the backwaters of Kerala.
  • The campaign was conceptualised by Kerala State’s Tourism
    Department’s creative and marketing agency Stark Communications.
  • The Golden Gate award (Das Golden Stadttor) is presented
    every year at the ITB-Berlin and is dubbed as the Oscar in tourism
    communication. It is considered the ultimate recognition in global tourism
    communication.

President presented
Stree Shakti Puraskars and Nari Shakti Puruskars for the year 2014
  • President of India, Pranab Mukherjee on 8 March 2015
    presented Stree Shalti Puskars and Nari Shakti Puruskars for the year 2014. The
    awards were given on the occasion of International Women’s Day at a function at
    Rashtrapati Bhavan.
  • The Stree Shakti puraskars are conferred on six women in the
    area of women’s endeavor and exceptional contribution each year. The award
    carries a cash prize of 3 lakh rupees and a citation.

Winners of the
Stree Shakti Puruskar 2014
  1. Rani Lakshmibai Award
    – Seema Prakash, Madhya Pradesh – For working for the cause of vulnerable and
    marginalised Communities of Madhya Pradesh Since 2000 particularly for the
    Korku tribe of the state.
  2. Rani Rudramma Devi
    Award
    – Astha Sansthan (NGO), Rajasthan – For protecting women’s rights,
    gender mainstreaming, issues relating to violence against women tribal rights,
    food security, transparency and right to work and others.
  3. Mata Jijabai Award
    – Chandraprabha Bokey, Maharashtra – She is a social worker and is working in
    rural areas since 1960. Her field of work includes empowerment and
    rehabilitation of destitute, divorced, disabled women and rehabilitation of
    orphan children.

  • The Nari Shakti Puraskars have been conferred for the first
    time in 2015 and the award carries a cash prize of one lakh rupees and a
    citation. They have been instituted by the Union Ministry of Women and Child
    Development to honour 8 women and recognize their individual contribution in
    specific areas.

Sports
Bangladesh knocked
out England of the World Cup 2015

  • England were knocked out of the World Cup by a spirited
    Bangladesh who grabbed a quarter-final spot following a dramatic 15-run victory
    in a tight Pool A match in Adelaide on Monday.
  • Put into bat, Mahmudullah struck Bangladesh’s first World
    Cup century and starred in two key partnerships to lift Bangladesh to 275 for
    seven.
  • Three-times finalists England made a mess of their chase on
    an Adelaide Oval track that held no demons and folded for 260 in the
    penultimate over.
  • Bangladesh looked a bundle of nerves towards the end but
    Rubel Hossain (4-53) claimed two wickets in the 49th over to trigger wild
    celebrations among their fans.

Download Today’s PDF

Books For 2015 Banking/Insurance Exams