FM transmission of Vividh Bharati launched
(ii) Information and Broadcasting Minister Arun Jaitley, who launched the FM transmission, also delivered a message to the listeners of the channel, saying Vividh Bharati services would reach people within a range of 60-65 km with much clarity at all times in all weather conditions.
(iii) Vividh Bharati offers a mix of film music, skits, short plays and interactive programmes.
(iv) It is known to have the largest collection of film and non-film songs in the country.
(v) DD News would also have its mobile phone application, he said.
(vi) The I&B minister also said the Doordarshan’s ‘Kisan’ channel could be launched in May.
India to grow at 7.9% this fiscal: Crisil
(i) The country's economic growth is expected to improve to 7.9 per cent in current fiscal year, even as it would take some more time for corporates to start investing, global rating agency CrisilBSE 3.17 % said today.
(ii) Crisil forecasts India's GDP growth to increase to 7.9 per cent in fiscal year 2016. Our projections are based on falling inflation, declining interest rates, and our expectation of a healthy monsoon this year," Crisil chief economist D K Joshi said.
(iii) However, agency's projection is lower than 8-8.5 per cent GDP growth forecast by the government for 2015-16.
(iv) Indian economy grew at 7.4 per cent in 2014-15 and 6.9 per cent in 2013-14.
India will set Climate Change conference agenda: Modi
(i) Prime Minister Narendra Modi has slammed developed nations for questioning India over global warming despite it having the lowest per capita emission of gases and asserted that India will set the agenda for the Climate Change conference to be held in France in September.(ii) I am surprised that the world is scolding us even though our per capita gas emission is the lowest...,” he said while addressing a reception for the Indian community here last night.
(iii) He asserted that India is “not answerable to the world” and will tell them that “you destroyed nature.”
(iv) Underlining that India should lead the way to deal with climate change, the Prime Minister said, “India will set the agenda for the upcoming Conference of Parties (COP)” meeting to be held in Paris in September.
India may be third biggest economy by 2030: Report
(i) In the world 15 years from now, the US will be far less dominant, several emerging markets will catapult into prominence, and some of the largest European economies will be slipping behind.
(ii) That's according to the US Department of Agriculture's latest macroeconomic projections that go out to 2030.
(iii) The US will just barely remain the global leader, with $24.8 trillion in annual output the country, worth 25 % of the world economy in 2006 and 23% in 2015, will see its share decline to 20%.
(iv) China's GDP will grow to more than twice its size today, helping the Asian powerhouse to almost entirely close its gap with the US.
(v) India, ranked eighth for 2015, will climb past Brazil, the United Kingdom, France, Germany and Japan to take third place in the world ranking.
NASA offers $18,000 to people to stay in bed
(ii) The US space agency’s ‘Bed Rest’ research is designed to study the effects of prolonged exposure to micro-gravity and requires participants to remain horizontal for a period of 70 days.
(iii) In the study, scientists will gauge how effective exercise would be for astronauts who lose muscle, cardiovascular and bone function while in zero-gravity conditions.
(iv) Participants would first spend two to three weeks moving around and doing normal everyday things inside the “bed rest facility”.
(v) They would then spend 10 weeks lying in a bed with their body tilted slightly backwards with their head down and feet up.
VRL Logistics' Rs 468-crore IPO to open tomorrow
(i) VRL Logistics will hit the capital markets tomorrow with an estimated Rs 468-crore initial public offer (IPO).
(ii) The bidding for shares in the IPO will open tomorrow and close on April 17, making VRL Logistics the fourth company to hit the capital markets this year.
(iii) The IPO constitutes of a fresh issuance of Rs 117 crore worth of equity shares and an offer for sale of 1.71 crore equity shares by NSR-PE Mauritius LLC and the promoters' family.
(iv) The company has fixed price band of Rs 195-205 per share for its proposed IPO.
(v) Based on the price band, the IPO could raise between Rs 451 crore and Rs 468 crore through its initial share-sale programme.
Ambedkar's 124th birth anniversary today
(ii) A noted jurist, economist and social reformer, Dr. Ambedkar campaigned against discrimination of Dalits, caste discrimination, and 'untouchability.'
(iii) As the free India's first Law Minister and Chairman of the Constitution Drafting Committee, Dr. Ambedkar drafted the nation's constitution.
(iv) He was posthumously conferred with the Bharat Ratna in 1990.
(v) Political parties have planned year-long celebrations to mark his 125th birth anniversary year beginning today.
BSF launches countrywide tele-medicine network for troops
(i) The country's largest border guarding force BSF has launched an ambitious satellite-based tele-medicine programme to address medical and health-related problems of its troops deployed in far-flung frontier areas and difficult regions in the hinterland.
(ii) The tele-medicine or 'e-medicine' facility will be operated and hosted from the Kadamtala-based composite hospital of the force in Siliguri in West Bengal.
(iii) The 100-bed hospital centre in the eastern flank of the country, which will have a full-time team of doctors, would have links through satellite phones and the VSAT platform to connect the posts of the Border Security Force (BSF) along the Indo-Pak and Indo-Bangla frontiers that it guards.
Japan court blocks restarting of two nuclear reactors
(i) A Japanese court on Tuesday issued a land mark injunction against the restarting of two atomic reactors, after the country's nuclear watchdog had given the green light to switch them back on.
(ii) The district court in the central prefecture of Fukui made the temporary order in response to a bid by local residents to halt the restart of the No. 3 and No. 4 reactors at the Takahama nuclear power plant, a court official said.
(iii) The Nuclear Regulation Authority (NRA) last December approved the restarting of the reactors, saying they met tougher safety standards introduced after Japan's tsunami-sparked nuclear disaster at Fukushima in 2011.
ICICI bank cuts home loan rates
(i) A week after it announced a 25 basis point reduction in its bench mark base rate the bank said that it will continue to maintain the same spread for home loans which means that women and low-income borrowers will get loans at 9.85 per cent which is 10 basis points above its base rate of 9.75 per cent.
(ii) For all other borrowers loans will be available at 9.9 per cnet which is 10 basis points above its base rate.
(iii) The base rate is a benchmark which reflects the cost of funds for a bank and interest rates on most loans are anchored to this rate. A basis point is one hundredth of a percentage point.
Janata Parivar merger: Six parties to meet tomorrow
(i) Six parties from the erstwhile Janata Parivar are set to merge tomorrow under the leadership of Mulayam Singh Yadav, a development which comes ahead of Bihar assembly elections slated later this year and the 2017 Uttar Pradesh assembly polls.
(ii) The meeting is expected to be attended by Bihar chief minister Nitish Kumar, JD(U) chief Sharad Yadav, its general secretary K C Tyagi, JD(S) chief and former Prime Minister H D Devegowda, RJD chief Lalu Prasad, Samajwadi Janata Party chief Kamal Morarka and INLD leader Dushyant Chautala besides Mualyam Singh Yadav's brother Ramgopal Yadav.
(iii) We are meeting for the final announcement.Leaders of all these parties have already talked to each other and all issues have been resolved.
Allan Donald quits as South Africa bowling coach
(i) Fomer fast bowler Allan Donald, on Tuesday, stepped down as South Africa’s bowling coach after four years with the team.
(ii) Donald said it was the right time to move on following last month’s World Cup, where South Africa lost in the semi-finals.
(iii) Donald joined as bowling coach under former head coach Gary Kirsten in 2011. The 48-year-old former fast bowler played 72 tests and took 330 wickets, fourth on the list of South African wicket-takers.
(iv) Cricket South Africa said it had not yet appointed a replacement.
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