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Daily G.K. - Top Stories

03 Mar 2019

INTERNATIONAL AFFAIRS

UNSC Blacklists Osama's Son

  •  The UN Security Council has designated Hamza bin Laden, the son of Osama bin Laden, under its sanctions list, calling him the "most probable successor" to al-Qaeda's current leader Ayman al-Zawahiri.
  • The UN Security Council's 1267 ISIS and Al Qaida Sanctions Committee listed Hamza, the day the U.S. announced a reward of up to $1 million for information about him.
  • Saudi Arabia also announced that it had revoked the citizenship of Hamza via a royal decree.

Extradition of Huawei Executive to the US

  •  Canada launched the extradition of Huawei executive Meng Wanzhou to the United States, the latest move in a case that has roiled relations between the North American neighbours and China.
  • Beijing said that Ottawa's action amounted to a severe political incident.
  • Ms. Meng was changing planes in Vancouver in December when she was detained at Washington's request on suspicion of violating U.S. sanctions on Iran, sparking arrests of Canadians in China that were seen as retaliatory.

U.S. Seeks Detail of Misuse of F-16s

  •  The U.S. is seeking more information from Pakistan on the potential misuse of American-made F-16 fighter jets by it against India in violation of the end-user agreement.
  • The Indian Air Force displayed parts of an AMRAAM beyond visual range air-to-air missile as evidence to conclusively prove that Pakistan deployed U.S.-manufactured F-16 fighter jets during an aerial raid targeting Indian military installations in Kashmir after India's anti-terror operation in Balakot.
  • The United States, which is the largest seller of high-tech defence equipment globally, has a strong end-user monitoring agreement, and as a matter of practice takes all allegations of misuse of defense articles very seriously.
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BUSINESS AND ECONOMY

RCEP Nations to Intensify Talks

  •  The 16 members of the RCEP group, including India and China, agreed to intensify ongoing negotiations for a proposed mega trade agreement to resolve all issues and conclude the talks in 2019.
  • The progress of negotiations was reviewed at a meeting of all the Trade Ministers of 16 countries in Cambodia.
  • The meeting, chaired by Chutima Bunyapraphasara, Acting Minister of Commerce of Thailand, reviewed the developments since the RCEP Summit in November.
  • Members of the Regional Comprehensive Economic Partnership want India to eliminate or reduce customs duties on maximum number of goods it trades with them.
  • But, lower level of ambitions in services and investments, a key area of interest for India, does not augur well for the pact that seeks to be comprehensive.

Reliance Industries Arm to Acquire Grab, C-Square Info

  •  Reliance Industrial Investments and Holdings Ltd. (RIIHL) has entered into agreements to acquire logistics services platform Grab and software firm C-Square Info Solutions.
  • Reliance Industries Ltd. (RIL), said that its wholly owned subsidiary Reliance Industrial Investments and Holdings has entered into an agreement for the acquisition of equity shares of Grab A Grub Services Private Limited for a cash consideration not exceeding Rs. 106 crore.
  • In a separate filing, RIIHL has agreed to acquire equity shares of C-Square Info Solutions Private Limited for a cash consideration not exceeding Rs. 22.04 crore.

JSW Steel and Duferco Ink Pact

  •  JSW Steel inked a 5-year advance payment and supply agreement with Duferco International Trading Holding for $700 million.
  • The pact, executed in February, entails a financing structure that would provide JSW long-term funding to complement its plans for future growth secured by committed exports of steel products to DITH.
  • For Duferco International Trading Holding (DITH), the transaction assures a captive supply of various steel products from JSW over the term of the agreement.
  • The deal is the largest trade finance facility arranged in the Indian steel sector. In the past, JSW and DITH have entered into similar pacts on a smaller scale but for longer periods, all of which have been completed.
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SPORTS

Federer Win the 100th Title

  •  Roger Federer wrote history as he defeated Stefanos Tsitsipas at the Dubai Championships to win the 100th title of his career.
  • The 20-time Grand Slam winner claimed a record eighth trophy at the Aviation Club.
  • Federer joins Jimmy Connors (109) as the only other man to have won 100 titles. 

Kumble Retained Head of Cricket Committee

  •  India's security concerns in the upcoming World Cup were taken note of and Anil Kumble was re-appointed chairman of the Cricket Committee at the end of ICC's latest round of quarterly meetings.
  • BCCI's concern was placed at the ICC Chief Executives Meeting where CEO Rahul Johri was assured by ECB counterpart Tom Harrison that all measures were being taken.

Tan Kim Her Resigns

  •  Malaysia's Tan Kim Her has stepped down from his post as India's doubles badminton coach.
  • He put down his papers, one-and-a-half years before. His contract with the Badminton Association of India (BAI) was to end after the 2020 Tokyo Olympics.
  • Tan Kim Her has earlier coached England, South Korea and Malaysia.
View Month Wise

NATIONAL AFFAIRS

India Rebuffs Russian Mediation

  •  India has clearly stated that it is not interested in an escalation of the situation. And the best way to achieve a normal state of affairs in the region resides in the actions of Pakistan in the fight against terrorist groups.
  • According to the Russian Ministry of Foreign Affairs statement, Mr. Lavrov had expressed Moscow's readiness to promote the de-escalation of tensions and the lack of an alternative to resolving any differences between Islamabad and New Delhi by politico-diplomatic means.
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PERSONS IN NEWS

Rajeev Kumar Gets Additional Charge

  •  The West Bengal government has given additional charge of the State directorate of economic offences and the special task force (STF) of the Kolkata police to former city police commissioner Rajeev Kumar.
  • Mr. Kumar, who was questioned by the CBI in connection with chit fund scam cases, is presently the State CID chief.

Savitri Bai Phule Joins Congress

  •  Lok Sabha member Savitri Bai Phule, who had resigned from the BJP, joined the Congress party in the presence of party president Rahul Gandhi and General Secretary for Uttar Pradesh (East) Priyanka Gandhi Vadra.
  • Ms. Phule had quit the BJP after accusing it of being an anti-Dalit party.
  • She is the first prominent politician to join the Congress after Ms. Vadra was appointed party general secretary.
  • Another prominent leader who joined the Congress was Rakesh Sachan, a former Member of Parliament of the Samajwadi Party (SP).
  • Known to be a close to Samajwadi patriarch Mulayam Singh Yadav and an important leader to channelise Kurmi votes in Uttar Pradesh, Mr. Sachan quit in protest against the alliance between the SP and Bahujan Samaj Party (BSP).
View Month Wise

DAYS AND EVENTS

World Wildlife Day

  •  On 20 December 2013, at its 68th session, the United Nations General Assembly (UNGA) decided to proclaim 3 March, the day of the adoption of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), as World Wildlife Day, which was proposed by Thailand, to celebrate and raise awareness of the world's wild fauna and flora.
  • The theme for 2019 is  "Life below water: for people and planet".
  • This year the day is set to become historic for Indians as India is likely to become the first country in the world to have a King Cobra sanctuary. 
View Month Wise

AWARDS AND HONOURS

Missile Systems Award

  •  The American Institute of Aeronautics and Astronautics (AIAA) has selected G. Satheesh Reddy, the Secretary of India's Department of Defence R&D and Chairman of the Defence Research and Development Organisation (DRDO) as the co-winner of the 2019 Missile Systems Award for his role in the design and development of diversified strategic and tactical missile systems.
  • He is the first person outside the U.S. to be awarded with this prestigious award in nearly four decades.
  • Reddy will share the prize with Rondell J. Wilson, a former Principal Engineering Fellow of Raytheon Missile Systems.

Missile Systems Award

  •  The American Institute of Aeronautics and Astronautics (AIAA) has selected G. Satheesh Reddy, the Secretary of India's Department of Defence R&D and Chairman of the Defence Research and Development Organisation (DRDO) as the co-winner of the 2019 Missile Systems Award for his role in the design and development of diversified strategic and tactical missile systems.
  • He is the first person outside the U.S. to be awarded with this prestigious award in nearly four decades.
  • Reddy will share the prize with Rondell J. Wilson, a former Principal Engineering Fellow of Raytheon Missile Systems.
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