Current Affairs Daily Updates: 03 March 2018

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Current Affairs Daily Updates: 03 March 2018
Awards and Honours
Shatrughan Sinha wins lifetime achievement award in UK:
  • Actor-politician Shatrughan Sinha has been honoured with a lifetime achievement award for his contribution to the fields of arts and politics.
  • The annual Political and Public Life Awards instituted by Britain's Asian Voice weekly newspaper.
  • It was presented at a ceremony in the UK's Parliament complex in London.
Banking and Economy
Huron Global Rich List: China tops, India at 3rd
  • As per the Huron Global Rich List 2018, the countries with highest number of billionaires are: China (819), USA (571) then India at 3rd position with 131 billionaires.
  • Mukesh Ambani remains the richest Indian but Gautam Adani had the fastest growth in wealth (grew by 109% to $ 14 bn). Laxmi Mittal is the 2nd richest Indian.
  • The richest person in the world are:
1.     Amazon founder and CEO Jeff Bezos - $ 123 bn
2.     Warren Buffet of erkshire Hathaway - $ 102 bn
3.     Bill Gates of Microsoft with USD 90 billion
4.     Mark Zuckerberg of Facebook with USD 79 billion
RBI allows higher position limit for FPIs in interest rate futures
  • The Reserve Bank of India has eased position limit in interest rate futures (IRFs) for foreign portfolio investors (FPIs).
  • It has allowed a limit of ₹5,000 crore for Foreign Portfoilo Investors (FPIs) to go long in IRFs.

International Affairs
India, Russia, Bangladesh sign pact for Rooppur atomic plant
  • Indian companies can now participate in construction and installation works in the “non-critical” category for the Rooppur nuclear power plant in Bangladesh.
  • The Rooppur project is the first initiative under an Indo-Russian deal to undertake atomic energy projects in third countries.
  • It will also be the first time Indian firms will take part in such a project abroad.
  • India is not a member of the Nuclear Suppliers Group (NSG) and hence cannot participate directly in construction of atomic power reactors.
  • Russia is constructing two nuclear reactors with a capacity of 1,200 MW each in Rooppur, which will be Bangaladesh’s first nuclear power project.
  • India already has a nuclear cooperation agreement with both Russia and Bangladesh.
'India by the Nile' festival to begin next week in Egypt
  • The mega annual cultural festival 'India by the Nile', organized to celebrate Indian culture and its diversity.
  • It will begin in Cairo next week with the main focus on classical culture this year.
  • The 12-day event, the biggest foreign festival in Egypt will start on 6th March.
  • It is organised by the Embassy of India in Egypt and the Maulana Azad Centre for Indian Culture.
National Affairs
Tamil Nadu Govt unveils 24 hour helpline to provide info on education
  • Tamil Nadu Government unveiled a 24-hour helpline that would provide information on education and offer guidance to students.
  • It has been set up for the first time in the country.
  • Chief Minister K Palaniswami formally launched the toll free number 14417 through the 24-hour Education Guidance Centre set up at the Secretariat.
About Tamil Nadu:
CM- Edapaddi K Palaniswami                                        
Governor- Banwarilal Purohit
Classical dance- Bharatnatyam
M A Chidambaram stadium in Chennai
National parks- guindy, anamalai, periyar
World’s largest solar park launched in Karnataka
  • The world's largest solar park set up at an investment of Rs 16,500 crore at Pavagada in Karnataka's Tumakuru district of Karnataka.
  • It was launched by Chief Minister Siddaramaiah.
  • The 2,000 MW park, named as 'Shakti Sthala', spans across 13,000 acres
  • Developed by- Karnataka Solar Power Development Corp. Ltd
Maharashtra ties up with Wikipedia to promote Marathi
  • The Maharashtra government has tied up with Wikipedia, the free online encyclopedia, to propagate the Marathi language and increase its usage online.
  • It was announced on Marathi Language Day i.e. on 27th February.

Sports Affairs
Vinesh Phogat gets silver in Asian Wrestling Championship
  • Vinesh Phogat won silver in woman’s Free Style 50 kg event at the Asian Wrestling Championship in Bishkek, Kyrgyzstan.
  • She was defeated by China’s Chun Lei.
  • India’s Sangeeta won bronze in 59 kg Free Style category.
  • Harpreet Singh won a bronze in 82 kg Greco-Roman event.
  • Rajinder Kumar- bronze in 55 kg Greco-Roman event
Navjot Kaur clinches India's first gold in Asian Wrestling Championships
  • Navjot Kaur has scripted history by becoming the first Indian woman to win a Gold medal at the Senior Asian Wrestling Championships.
  • She won 65 kg freestyle category at the tournament being held at Bishkek in Kyrgyzstan.
  • She defeated Japan's Miya Ima.
  • Rio Olympics Bronze medallist Sakshi Malik won a bronze in the 62 kg division.
27th Sultan Azlan Shah Cup Hockey tournament begins in Ipoh today
  • The 27th Sultan Azlan Shah Cup Hockey tournament begins in the Malaysian city of Ipoh today.
  • Six nations - India, hosts Malaysia, defending champions England, Australia, Argentina and Ireland - are taking part in the tournament.
  • UK is the defending Champion.
  • Last time India had won the tournament in 2010.
  • India has won the tournament total 5 times.
Shubhankar Sharma tied 2nd at WGC-Mexico Championship
  • Indian golfer Shubhankar Sharma grabbed the tied second place at the World Golf Championships-Mexico Championship opening round at Mexico City.
  • In December, he had become the first Indian and Asian golfer to win the Joburg Open.