1. Graham Reid appointed new Indian men’s hockey team chief coach
Former Australian field hockey player Graham Reid (54-years) has been appointed as the men’s national team chief coach till the end of 2020.
Graham Reid was a member of the team that won the silver medal at the 1992 Summer Olympics in Barcelona, Spain.
He was ratified after Hockey India received necessary clearance from the Sports Authority of India (SAI).
Graham Reid has worked as the coach of the Australia men’s team and then as the assistant coach to Max Caldas with the Netherlands.
Source: The Times Of India
2. Vikramjit Sahney elected as President of ICC India
Vikramjit Singh Sahney has been elected as the new president of International Chamber of Commerce (ICC) India.
He is the Chairman of SUN Group.
ICC India is one of the most active chapters of the ICC, the world’s apex business organisation.
The ICC network speaks, directly and indirectly, for thousands of individual corporations and industrial and trade associations in over 140 countries.
Source: Business Today
3. 10th April: World Homoeopathy Day
The World Homoeopathy Day 2019 is being observed across the world on 10th April to commemorate the birth anniversary (264th) of the founder of Homoeopathy (Dr Christian Fredrich Samuel Hahnemann).
On this occasion, The Central Council for Research in Homoeopathy (CCRH) has organised a two-day convention at Dr. Ambedkar International Centre in New Delhi.
Homoeopathy is a system of medicine (the second most widely used system) was developed by Dr. Samuel Hahnemann in Germany in 1796.
It is one of the major medical practices used to cure diseases worldwide.
Source: DD News
4. Guwahati Railway Station first to get ISO Certification in India
Guwahati Railway Station
(in Assam) has become the first ever railway station in the Indian Railways to get an ISO certification (ISO-14001) from the National Green Tribunal (NGT) for “providing passenger amenities in a clean and green environment.”
Guwahati Railway Station is ISO-14001, which is for Environment Management System as per international norms which were upgraded in 2015.
In April 2017, Guwahati railway station became the first railway station to run entirely on solar power.
Source: Guwahati Plus
Banking and Finance
5. IMF Cuts India GDP Growth Forecast To 7.3% For 2019
According to The International Monetary Fund (IMF) report, India’s economy projected to grow at 7.3% in 2019 and 7.5% in 2020.
In 2018, India’s growth rate was 7.1% as against China’s 6.6 per cent.
All the estimates are 0.2 percentage points less than its previous assessment in January.
The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of “189 countries working to foster global monetary cooperation.
Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money.
Source: The Economic Times
6. SBI cuts interest rates on home loans
The State Bank of India (SBI) has re-priced home loans up to Rs 30 lakh by 10 basis points.
Accordingly, the interest rate on housing loans of such size will now be in the range of 8.6 to 8.9 per cent.
The bank has also lowered its lending rates by a nominal five basis points across all tenors.
In a statement, the SBI said the new one-year marginal cost of funds-based lending rate is down to 8.50 per cent now from 8.55 per cent. This is the first reduction by SBI in over 17 months.
The reduction in lending rate by the bank follows 50 basis points cut in repo rate by the RBI in the course of two monetary policy reviews held in February and April this year.
Source: AIR News
7. Former Kerala Finance Minister K M Mani passes away
Former Kerala Finance Minister K M Mani (86-years) passes away at a private hospital.
He is credited with the record of presenting the State Budget 13 times as Finance Minister.
Mani (Chairman of the Kerala Congress (M) party) had been an MLA of Pala assembly constituency for nearly five decades.
Kerala Congress(M) is a key ally of the Congress-led UDF in the state.
Source: The Times of India
8. BJP MLA killed in Maoist attack in Chhattisgarh
BJP (Bharatiya Janata Party) MLA Bhima Mandavi killed in a massive Maoist attack at Dantewada district in Chhattisgarh.
Maoists blasted an IED (Improvised explosive device) and then opened indiscriminate fire on a carcade of MLA near Kuakonda area.
The MLA was returning after an election campaigning.
Source: AIR News
9. Nadja Regin, known for Bond films passes away
Serbia-born actor Nadja Regin passed away at the age of 87.
She is best known for starring in Bond films ‘From Russia With Love’ and ‘Goldfinger’.
Regin also worked for the small screen and her TV roles included shows such as The Avengers, Danger Man, The Saint and Dixon of Dock Green.
The actor appeared in several British TV programmes in the 1960s and also appeared in the 1964 New Zealand film Runaway.
Source: Indian Express
10. Karnam Sekar to take over as MD, CEO of Indian Overseas Bank from July 1
According to Union Government, Karnam Sekar (MD and CEO of the erstwhile Dena Bank) will take over as MD and CEO of Indian Overseas Bank from 1st July 2019.
He will work as officer on special duty and whole-time director with IOB till the end of June this year.
R A Sankara Narayanan (former MD and CEO of Vijaya Bank) will move to Canara Bank in the same position.
R K Yaduvanshi (executive director at Dena Bank) will move as executive director of Punjab National Bank.
Nageshwara Rao (executive director at Vijaya Bank) will move to Syndicate Bank as an officer on special duty and a full-time director.
Source: Business Standard
11. India-Singapore Joint Military Exercise ‘Bold Kurukshetra–2019’
Military forces of India and Singapore got together to participate in a joint exercise ‘Bold Kurukshetra–2019’ in Babina Cantonment in Jhansi.
The three-day exercise is being conducted to develop military technology, boost maritime security and bolster the nations’ fight against terrorism.
As per the agreement, the Singapore military would undergo training and participate in firing exercise with their India.
Source: The Times of India
12. 17th MENA World Economic Forum held in Jordan
The World Economic Forum (WEF) in the Middle East and North Africa (MENA) 2019 took place in Jordan.
The 17th WEF meeting in the region called for united efforts to address the most pressing challenges of the area.
The forum assembled more than 1,000 government, business and civil society leaders from more than 50 countries.
The forum was themed on three major visions: generating job opportunities, empowering Arab women and promoting the most intriguing start-ups that have joined the region’s industry over the past years.
Source: Business Standard
Books & Authors
13. Manish Sisodia will pen Delhi’s education story in a book
Delhi Deputy Chief Minister & Education Minister Manish Sisodia will pen the story of the changes in Delhi’s education system in a book ‘Shiksha: A Journey’.
This book (launch in September 2019) was going to be a document about the “idea of India through education”.
The book, which will come out in both English and Hindi.
It will recount this journey of “raising the bar of public education in the state and the challenges he overcame to improve the infrastructure and quality of schooling”.
Source: The Hindustan Times
14. Shot putter Manpreet banned for dope flunk
Asian champion shot putter Manpreet Kaur (29-years) has been banned for four years by the National Anti-Doping Agency (NADA) for flunking four dope tests in 2017.
According to an order of the anti-doping disciplinary panel (ADDP) of the NADA, the period of suspension would begin from 20th July 2017.
She has the option of filing an appeal before the Anti-Doping Appeal Panel.
She had set the national record of 18.86m at Jinhua.
Source: The Statesman
‘Thoughts of the day’
“People tend to forget their duties but remember their rights.”