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April 04, 2018

3rd April 2018 Events - Important Daily Current Affairs

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Dear Great Ambitionists, here are the daily current affairs of 3rd April 2018. Happy Reading :)

Daily Current Affairs of 3rd April 2018

International Current Affairs
  • India is going to host a trilateral meet with the United States and Japan in Delhi this month.
    • The three countries along with Australia are attempting to establish joint regional infrastructure to counter China's Belt and Road Initiative. 
  • Israeli Prime Minister Benjamin Netanyahu today cancelled an agreement with the UN to settle African migrants in western countries. 
    • Under the deal, Israel had agreed to annul a plan to forcibly deport the migrants from the country.
National Current Affairs
  • Ministry of Tourism along with the Ministry of Culture and Archaeological Survey of India (ASI) had launched a new project titled Adopt a Heritage Project
    • Under Adopt a Heritage Project, selected public sector companies, private sector companies and individuals will develop tourist amenities at heritage sites. 
    • They will be called as ‘Monument Mitra’ and adopt the sites essentially under their Corporate Social Responsibility (CSR) activity. 
New Appointments
  • Finance Minister Arun Jaitley, who was elected to the Rajya Sabha for his fourth consecutive term as a BJP candidate from Uttar Pradesh, has been reappointed as the Leader of the House
Awards & Honors
  • Indian Institute of Science, Bangalore has been named the best Indian university under the National Institutional Ranking Framework (NIRF), released by Human Resource Development Minister Prakash Javadekar today. 
    • Jawaharlal Nehru University (JNU) stood at the 2nd position, followed by Banaras Hindu University (BHU) and Anna University
Banking, Business & Economic Affairs
  • Jio Payments Bank has commenced operations with effect from 3rd April 2018.
    • It is a joint venture of Reliance Industries (RIL) and State Bank of India (SBI). 
    • RIL held a 70% stake and SBI has 30% stake.  
    • Reliance Industries Ltd was one of the 11 applicants which were issued in-principle approval for setting up a payments bank in August 2015. Other 11 are,
      • Aditya Birla Nuvo Limited
      • Airtel M Commerce Services Limited
      • Cholamandalam Distribution Services Limited
      • Department of Posts
      • Fino PayTech Limited
      • National Securities Depository Limited
      • Reliance Industries Limited
      • Dilip Shantilal Shanghvi
      • Vijay Shekhar Sharma
      • Tech Mahindra Limited
      • Vodafone m-pesa Limited
  • SoftBank has signed a $930-million deal with China's energy conglomerate Golden Concord (GCL) to produce and sell solar equipment in India
    • The project will have a 4 gigawatt-capacity and will produce solar ingots, silicon wafers, batteries, and components.
  • The Reserve Bank of India (RBI) has dropped Axis Bank from the list of banks it has cleared to import gold and silver in the current fiscal that began April 1. 
    • Two other banks, Karur Vysya Bank and South Indian Bank, were also dropped from the list. 
    • Note : SBI, PNB, HDFC Bank and ICICI Bank are among the 16 banks allowed to import bullion.

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