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English Current Affairs 13th March 2018

  1. France is the 9th largest foreign investor in India with a cumulative investment of $6.09 billion as on October 2017.
  2. Prime Minister Narendra Modi inaugurated the ‘End TB Summit’ in New Delhi and launched ‘Tuberculosis Free India Campaign’.
  3. Prime Minister Narendra Modi launched a number of schemes for the poor in Varanasi, Uttar Pradesh.
  4. Government of India has decided to institute ‘Union Home Minister’s Medal for Excellence in Police Investigation’ award for best investigation of crime in order to encourage high professional standards in police forces.
  5. The first regional conference on ‘Mass Rapid Transport System (MRTS) for Urban Areas – Opportunities and Challenges’ was held in Kolkata.
  6. The Maldives Parliament approved the anti-defection bill with retrospective effect from 13th July 2017.
  7. Insolvency and Bankruptcy Board of India (IBBI) entered into an agreement with the Reserve Bank of India (RBI) for increased cooperation in effective implementation of the insolvency law.
  8. Federal Bank announced that it has entered into a strategic partnership with two new broking partners, Celebrus Capital Ltd and Fortune Wealth Management Co India Pvt. Ltd. for providing Portfolio Investment Scheme (PIS) services to Non-resident Indians (NRIs).
  9. India’s largest bank, State Bank of India has slashed charges for non-maintenance of Average Monthly Balance (AMB) in savings accounts by nearly 75 per cent.
  10. ICICI Bank has launched instant overdraft ‘InstaOD’ facility for MSME (Micro, Small and Medium Enterprises) customers which can be availed online without visiting a branch and submitting physical documents.
  11. Nasscom along with Facebook and WeWork launched Design4India Studio in Bengaluru, Karnataka.
  12. Suzlon Energy announced the installation and commissioning of S128, claimed to be the largest wind turbine generator (WTG) in India.
  13. Minister of State for Commerce and Industry C R Chaudhary said that, a total FDI (Foreign Direct Investment) of USD 208.99 billion has been received from April 2014 to December 2017.
  14. Retail inflation has dipped to 4.44% in February from 5.07% in January 2018, as per data released by Central Statistics Office on 12 March 2018.
  15. Dr Ketzia David Prakasam has been presented the “Academy Award for Nobel Peace” from the USA.
  16. The Odisha forest department has launched an app to track and fight forest fires during summer, recently.
  17. Odisha will host the Senior National Table Tennis Championships after 12 long years.
  18. Anindith Reddy was presented the ‘FMSCI National MotorSports Person of the Year 2017’ award at a function held in Chennai.
  19. Begum Hamida Habibullah, former Uttar Pradesh minister, died due to a long term illness at her home in Lucknow, Uttar Pradesh.
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