Daily GK Update 20th March 2017

National News

The three days International Buddhist Conference in Bihar
The three days ‘International Buddhist Conference’ organized by Ministry of Culture and Nava Nalanda Mahavira Deemed University in Rajgir, Bihar.
The two highlights of the inaugural session- first, the release of the reprint of the Pali Tripitaka in Devanagari script by the Dalai lama and second highlight was the announcement of the opening of the department of the Buddhist science for the first time in Asia.

Amazon India brings out ‘A-Z GST Guide’ program
E-commerce major Amazon India has come out with a new program for sellers to get insights and help related to the goods and services tax (GST), called the ‘A-Z GST Guide’.The programmer  in its pilot phase has already trained over 5,000 sellers on the Amazon platform. The portal provides resources in the form of tutorials, blogs, and free online training sessions.

 International news

Idea Cellular board approves merger with Vodafone India
The boards of Aditya Birla Group and Vodafone Group have approved a merger between Idea Cellular and Vodafone India Ltd.
Vodafone India will own 45.1 percent stake in the merged entity. Promoters of Idea will hold 26 percent stake in the company and the remaining will be held by the public.

British telecom major Vodafone and Aditya Birla group-run Idea Cellular announced the merger of their operations and Mr. Kumar Mangalam Birla has been appointed as the Chairman of Vodafone-Idea merged entity.

Indian-American Computer Scientist Anshumali Wins NSF’s CAREER Award
An Indian-American computer scientist, Anshumali Shrivastava, was honored with the National Science Foundation’s prestigious CAREER Award for his research on redesigning current machine-learning processes.

 Banking & Economic

E-commerce firm Snapdeal appoints Jason Kothari as CEO of FreeCharge.
Snapdeal announced the appointment of Jason Kothari as the Chief Executive Officer of its digital payment platform FreeCharge. In addition to taking on the role of CEO, Jason will continue his key leadership role as Chief Strategy and Investment Officer at Snapdeal.

New (CEOs) of IDBI Bank, Indian Bank
hief Executive Officers (CEOs) of state-owned Indian Bank Mahesh Kumar Jain, Chief Executive Officers (CEOs) of IDBI Bank Kishore Piraji Kharat.

 Appointment & Resigns

Former Pakistan all-rounder Shahid Afridi appointed as ambassador of Blind Cricket World Cup
He has been appointed as the ambassador for the fifth edition of the Blind Cricket World Cup 2018. The announcement was made by the Pakistan Blind Cricket Council (PBCC). Blind Cricket World Cup will be hosted by PBCC in the United Arab Emirates(UAE) and Pakistan in January 2018.


World famous tennis player Roger Federer claims fifth Indian Wells Masters title
Roger Federer (Switzerland) claimed his fifth BNP PARIBAS OPEN, ATP Indian Wells Masters title after defeating Stan Wawrinka in California, USA.

World Bank announces 57 billion US dollar for sub-Saharan Africa
World Bank has announced 57 billion US dollar financing for sub-Saharan Africa over the next three fiscal years (2017-2019).
Of that total, 45 billion dollars will come from the International Development Association (IDA), 8 billion dollars from the International Finance Corporation (IFC), and USD 4 billion dollars will come from the International Bank for Reconstruction and Development (IBRD).


Former director of the Indian Institute of Tropical Meteorology, Dev Raj Sikka passes away
Dev Raj Sikka, former director of the Indian Institute of Tropical Meteorology, Pune died of a cardiac arrest.  He was 85 years old. He was the first to propose a link between the El Nino phenomenon and the Indian monsoon.

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