1) World Rotaract Day celebrates on 13th of March
•World Rotaract Day is celebrated on the 13th of March every year to acknowledge the services provided by the rotaractors across the world. The theme of World Rotaract Day 2022 is “Rotary Making a Difference”. World Rotaract Week will be held from 11 March 2022 to 18 March 2022.
•Rotary Club is the community service organization for young men and women. They take part in international service projects, in a global effort to bring peace and international understanding to the world.
2) International Day of Mathematics observed on 14 March 2022
•International Day of Mathematics (IDM) is observed globally on the 14th of March every year. It is also known as the Pi Day because the mathematical constant Ï€ (pi) can be rounded down to 3.14. It aims to educate people about the essential role of mathematics in science and technology, improve quality of life, empower women and girls, and contribute to sustainable development. This is a relatively new event that was created just a couple of years back. The theme for 2022 IDM is “Mathematics Unites!“.
3) PM Narendra Modi dedicates Rashtriya Raksha University in Gandhinagar, Gujarat
•Prime Minister Narendra Modi has dedicated to the nation a new campus building complex of the Rashtriya Raksha University (RRU) at Lavad village near Gandhinagar, Gujarat. PM also addressed the first convocation of RRU Gandhinagar as a Chief Guest. The University, which is an Institution of National Importance, commenced its operations from 1st October 2020.
•RRU offers academic programs from diploma to doctorate level in various areas of policing and internal security such as police science and management, criminal law and justice, cyberpsychology, information technology, artificial intelligence and cyber security, crime investigation, strategic languages, internal defence and strategies, physical education and sports, coastal and maritime security. Currently, 822 students from 18 States are enrolled in these programs.
4) First Gati Shakti Cargo Terminal of Indian Railways commissioned
•The Asansol Division of Indian Railways has successfully commissioned private siding of Maithan Power Limited at Thaparnagar, Jharkhand, in accordance with the Prime Minister’s vision Gati Shakti and the Ministry of Railways’ policy regarding the Gati Shakti Multi-Modal Cargo Terminal or also known as GCT, informed the Ministry of Railways.
5) Tamilnadu Petroproducts became world’s first LAB manufacturing company to get BIS certification
•TPL (Tamilnadu Petroproducts Ltd.) is the world’s first linear alkylbenzene (LAB) manufacturing company to be certified by the Bureau of Indian Standards (BIS). TPL’s ‘Superlab’ brand is one of the most well-known laboratory brands in the country. TPL’s position as the market leader and the only authorised seller of the chemical in India will be bolstered by the certification. LAB can be used to make biodegradable detergent, making it a more sustainable option than conventional detergent formulations.
6) India’s 1st ever GI-tagged Kashmir carpets flagged off to Germany
•The Government of Jammu and Kashmir has launched quick response (QR) code for its GI-tagged Kashmiri carpet, to preserve the authenticity and genuineness of the hand-knotted carpets. The main objective of this QR Code attached to the GI tag is to help in reviving the sheen and glory of the Kashmiri carpet industry.
7) India’s first medical city ‘Indrayani Medicity’ to set up in Maharashtra
•The state government of Maharashtra has announced to set up the country’s first medical city named as ‘Indrayani Medicity’ in Pune, to provide all kinds of specialised treatment under one roof. It will come up in 300-acre of land area in Khed taluka of Pune. The project is estimated to attract investment worth over Rs. 10,000 crore.
•Indrayani Medicity will have hospitals, centres for medical research, pharmaceutical manufacturing, wellness and physiotherapy, and will be the first-of-its-kind city in the country to have all the treatments available at one place.
8) EPFO lowers the interest rate on PF deposits to 8.1% for 2021-22
•The retirement fund body, Employees Provident Fund Organisation (EPFO) has slashed the interest rate on provident fund deposits to 8.10% for 2021-22. This rate is 0.4% lower than the previous year. The interest rate on PF deposits was 8.5% in 2020-21 and 2019-20.
9) Morgan Stanely projects India’s GDP for FY23 at 7.9%
•Rating Agency Morgan Stanely has projected India’s GDP growth forecast for 2022-23 (FY23) at 7.9%. This is 50 bps less than its earlier projection due to the impact of the Russia-Ukraine conflict on oil prices. Furthermore, Stanley raised the country’s retail inflation estimate to 6%, meanwhile, current account deficits are seen to widen by 3% of GDP.
•India is affected through three key channels — higher prices for oil and other commodities; trade, and tighter financial conditions, influencing business/investment sentiment. Analysts at the brokerage also raised their inflation forecast to 6 per cent – the upper end of the tolerance band for the RBI – and flagged stagflation risks because of the ongoing events.
10) Global Investment in Digital Shopping 2021: India ranked 2nd
•According to the London & Partners analysis of Dealroom. co-investment data, India is the second-largest global venture capital investment hub for digital shopping companies, growing by a whopping 175% from $8 billion in 2020 to $22 billion in 2021. On a global scale, India came in second to the US last year, which attracted $51 billion in investment, followed by China at third with $14 billion and the UK at fourth with $7 billion.
•Within India, Bengaluru comes out on top globally with $14 billion worth of Venture Capital (VC) investments in digital shopping in 2021, followed by Gurugram at No. 7 with $4 billion and Mumbai at No. 10 with $3 billion.
11) Unique kind of Digital School Health Platform launched in Puducherry
•Under the National Digital Health Mission, Puducherry is creating a digital public health ecosystem. By the second week of August, four-building pieces of the digital ecosystem would have been established and implemented in the first phase. These include creating a health identity database for the entire population, similar to Aadhaar, the ‘digi doctor,’ a listing of health professionals from various medical systems, the National Health Infrastructure Registry, and a personal health record for each individual that maps past and present data.
