Daily current affair news

Today's Current Affair -  1- March core sector output slumps ( मंदी) 6.5 %- # Because of COVID 19 pandemic , in March core sector output is contracted by 6.5 %. # It is a report given by commerce mininstry.  # Keyword - Core sector -   The Eight  Core Industries  comprise nearly 40.27% of the weight of items included in the Index of Industrial Production (IIP). These are Electricity , steel, refinery products, crude oil, coal, cement, natural gas and fertilisers. 2- Icon of ROMANCE takes a final blow - Rishi Kapoor dies in Mumbai hospital after two year battle with leukaemia (blood cancer). 3- Spend rupees 65,000 crore for the poor : RAJAN  # According to Raghuram Rajan India need to be very smart now on dealing with pandemic .  # Indian economy is of rupees 200 lakh crore out of which 65,000 crore should be spend to take care of vulnerable section such as migrant workers . #  Indian economy should be an opened one , to deal with CO...

Today's current Affair -  QUESTION - Who was the 1st India to win Oscar Award ? please comment if  you know and if you don't , answer is given at the end of my blog. 1-  India's terror ranking issue -  # This issue originated because an Australian based institute ranked India as the seventh worst terrorism affected country.  And India's ranking was ahead of countries like Democratic Republic of Congo , South Sudan , Sudan , Palestine and Lebanon . # Last year India's ranking was 8th according to Global Terrorism Index (2019). # Countries ahead of India are - Afghanistan , Iraq , Nigeria , Pakistan ,Syria and Somalia . 2- RBI's move to assign rupees 50,000 crore to commercial banks - # RBI has assigned rupees 50,000 crore exclusively for commercial banks to lend to mutual funds . # RBI wants to tap down any liquidity crunch  in the country .  # The reason of this move of RBI was because of a company named Franklin Templeton mutual fund wind...

TODAY's NEWS - 1- B2B firm Udaan fires more than 3,500 contract workers - # Udaan a business to business firm fired around 3.500 of its employees in last 3 days . # As per labour norms and as per government advice which was given on 20 march " not to terminate any worker weather that worker is contractual or permanent" - the company has violated the rules . # B2B stands for business to business . # From my point of view - company is in great revenue loss but the action is extremely inhuman and they should have done something else - choosen mid path like deducting some percent of salary specially to those who earn more than 30k and asked government for help .And if  you guys have any other suggestion please comment below . 2- Liquor sale - # Liquor and beer makers have reached out to state government to allow alcohol sales outside containment zone , with strict social distancing guidelines . # The Alcoholic beverages industry contributes over Rupees 2 lakh cr...

1- SAUDI ARABIA abolishes flogging as punishment - flogging meaning -  a punishment in which the victim is hit repeatedly with a whip or stick.( जिस्मानी सज़ा) # Saudi court used to order 100 of lashes which is now ended. 2- Online matchmaker sign ups increases 30% - # Bharatmatrimony and Shaadi.com etc. are leading match making sites . # At least 30 % increase in profile acquisitions and interactions between existing members.  # Fake profiles are also at a hike of 400 % . 3- Immigration ban and its impact in US -   # US president tweeted an order to suspend legal immigration ( आप्रवासन) into the U.S. for 60 days . It could be increased as per requirement . # This order came to protect jobs for local people in USA as it was under Trump's campaign during 2016 presidential election . # But according to WHITE HOUSE some exemptions will be made for certain categories of essential workers related to health care and defence . 4- SANA MIR a PAKISTAN ...

Hello everyone , today's news - 1- 65 % of stranded workers have not received any government support - # A survey was conducted in delhi with 506 "group leaders " representing 8870 workers between April 10 and April 18 . # Majority of those who got food support told that it was inadequate . # 54% do not have cooking oil . #  51 % do not have atta. 2-  No plan to ease fiscal deficit - N.K.Singh - KEYWORD - 1) Fiscal deficit -  A  fiscal deficit  is a shortfall in a government's income compared with its spending. The government that has a  fiscal deficit  is spending beyond its means. 2) N.K.Singh - Chairman of 15th Finance Commission . The  Finance Commission  (   Vitta Āyoga ) was established by the President of India   in 1951 under  Article 280  of the INDIAN  CONSTITUTION . It was formed to define the financial relations between the central government of India  and the ind...

Hello everyone....... today's news - 1- National Panchayati Raj day - # From 2010 , 24th April is always celebrated as national panchayati raj day. # Then P.M. Manmohan singh    declared the first National Panchayati Raj Day on 24 April 2010.   He mentioned that if  Panchayati Raj Institution  (PRIs) functioned properly and locals participated in the development process, the Maoist threat could be countered. Addressing the Elected Representatives, Prime Minister Narendra Modi  on 24 April 2015 called for an end to the practice of "husbands of women sarpanches" or "sarpanch pati" exercising undue influence ( अवांछित प्रभाव)  on the work of their wives elected to power. 2- Pradhan Mantri Garib Kalyan Package - # More than 33 crore people received financial assistance of Rupees 31,235 crore under the PMGKP scheme. the money is distributed to - Women Jan dhan Account - 10,025 cr. Old aged, widows and disabled - 1405 cr. ...