Current Affairs – March 11 2023
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Current Affairs – March 11 2023
1. Uttarakhand’s Rudraprayag, Tehri top landslide index: ISRO report
Rudraprayag and Tehri the two districts in Uttarakhand are facing the highest risk of landslides, according to satellite data collected over the past two decades.
Data collected by the Indian Space Research Organisation (ISRO) has highlighted that Rudraprayag and Tehri Garhwal are at the highest risk of facing landslides, having seen the highest number of landslide incidents in the past 20 years.
The findings, compiled by the Hyderabad-based ISRO facility the National Remote Sensing Centre, were published in the Landslide Atlas of India.
2. Army installed J&K’s steep Doda district’s tallest iconic national flag
In the rugged Doda area of Jammu & Kashmir, the Army erected the tallest “Iconic National Banner”.
The highest tricolour in the Doda district, which has been erected on a 100-foot pole, was unfurled by Maj Gen Ajay Kumar, GOC Delta Force, Commander 9 Sector RR Brig. Samir K. Palande, DC Doda Vishesh Paul Mahajan, and SSP Abdul Qayoom.
3. A book titled “As Good as My Word” wrote by KM Chandrasekhar
“As Good as My Word,” written by KM Chandrasekhar, who served as the Cabinet Secretary from 2007 to 2011, begins as an autobiography with descriptive descriptions of his early years, academic career, and college years, all of which take place inside the walls of a modest but orderly Malayali home.
The book offers a front-row seat to Indian politics and bureaucracy during the UPA era. In his book, Chandrasekhar gives a thorough overview of the UPA administration during one of its most difficult periods and talks about his own role in navigating India through many crises.
4. Maharashtra to introduce 4th women’s policy
Deputy Chief Minister Devendra Fadanvis informed the Maharashtra’s Legislative Council that the state will introduce the fourth women’s policy to give more opportunities to women by considering the issues of women from all groups.
On the occasion of International Women’s Day, Deputy Speaker of the Legislative Council Neelam Gorhe tabled a proposal to provide equal and dignified positions to women in all sectors.
5. Rohit Jawa is named as Sanjiv Mehta’s successor as HUL’s CEO
The selection of Rohit Jawa, a senior executive of the UK-based parent company Unilever, as Hindustan Unilever Ltd.’s (HUL) new managing director and CEO has been approved by the company’s board.
The FMCG behemoth informed the stock exchanges that the appointment, which is for a five-year term, will start on June 27, 2023. Sanjiv Mehta, the current MD and CEO of Hindustan Unilever since 2013, will be replaced by Jawa.
6. PNB Signs MoU With Central Warehousing Corporation To Facilitate Finance To Farmers
Punjab National Bank, nation’s public sector bank and Central Warehousing Corporation have signed a Memorandum of Understanding to facilitate financing under e-NWR (Electronic Negotiable Warehousing Receipt).
The partnership is aimed at providing easy access to finance to farmers/ food processors/ traders against the pledge of agriculture commodities stored in CWC warehouses.
7. India’s digital payments market will more than triple to $10 trillion by 2026
In a country witnessing rapid growth, it comes as no surprise that India also has one of the fastest-growing fintech landscapes in the world, driven primarily by the advancement in the digital payments segment.
Boston Consulting Group (BCG), in collaboration with PhonePe, India’s leading digital payments company, today unveiled a report titled, “Digital payments in India: A US$10 trillion opportunity”.
8. B Gopkumar named as Axis Mutual Fund’s MD and CEO
B Gopkumar, the managing director and CEO of Axis Securities, has been named the new CEO of renowned fund house Axis Mutual Fund by Axis Asset Management Company.
Chandresh Nigam, the previous CEO of the company, is replaced by Gopkumar. As head of equities from July 2009, Nigam became MD & CEO in May 2013 and oversaw the fund house for two stints totaling ten years.
Gopkumar has more than 28 years of experience working in the financial services sector. He has a masters degree in business management and is an enthusiastic marathon runner, reader, and fitness fanatic.