1. Israel celebrations honor Indian soldiers who liberated Haifa city during World War I.
- The northern Israeli coastal city of Haifa on celebrated the centenary year of its liberation from Ottoman rule during World War I.
- It honored the brave Indian soldiers who laid down their lives in “the last great cavalry campaign in history”.
Battle of Haifa
- The event took place on 23rd September 1918.
- Located on Haifa, Ottoman Empire (present-day Israel).
- It is called Haifa day.
- Indian Army pays its respects to the three Indian Cavalry Regiments – Mysore, Hyderabad and Jodhpur Lancers.
- They helped liberate Haifa by the 15th Imperial Service Cavalry Brigade of the then British Indian Army at the Battle of Haifa in 1918.
Source- Economic Times
2. India and France sign an implementation agreement on “MOBILISE YOUR CITY” (MYC)
Mobilise Your City (MYC) programme
- Mobilise Your City (MYC) is part of an international initiative.
- It is an initiative combining urban mobility objectives and climate considerations.
- Supported by the French and the German Governments.
- Launched at 21st Conference of Parties (COP21) meeting in December 2015.
- It aims at supporting three pilot cities:
- In their efforts to reduce their Green House Gas (GHG) emissions related to urban transport.
Source- The Hindu
3. Board Members of USIBC call on PM.
The U.S.-India Business Council (USIBC)
- The USIBC was formed in 1975.
- It is a business advocacy, non-profit organization.
- To enlighten and encourage the private sectors of both India and the United States to enhance investment flows.
- The organization serves as a direct link between business and Government leaders.
- Resulting in increased trade and investment to strengthen ties between the two nations.
- Headquarters in Washington, D.C., United States.
- USIBC partners with the major trade associations:
- The Confederation of Indian Industry (CII)
- The Federation of Indian Chambers of Commerce and Industry (FICCI)
- The American Chamber of Commerce in India (AmCham India)
- National Association of Software and Services Companies (NASSCOM)
- The Indus Entrepreneurs (TiE)
- The Indo-American Chamber of Commerce (IACC)
4. Nari Shakti Puraskar
Nari Shakti Puraskar
- Nari Shakti Puraskar (formally Stree Shakti Puraskar).
- Instituted in 1991.
- It is the highest award for women for their exceptional achievement.
- The award is given by the Ministry of Women and Child Development.
- It recognizes the spirit of courage of a woman in difficult circumstances, who has established this spirit of courage in her personal or professional life.
- The award also recognizes the pioneering contribution of an individual in empowering women and raising women’s issues.
- The award is conferred by the President on the occasion of International Women’s Day, 8 March every year at New Delhi.
5. Malanad Malabar cruise project
- The Ministry of Tourism has planned to introduce three thematic cruises as part of the Malanad Malabar Cruise Tourism Project in north Kerala under the Swadesh Darshan Scheme.
- One of the cruises is the Malabar cuisine and culinary cruise in Valapattanam river titled the Muthappan Cruise. The cruise will be from Valapattanam to Munambu Kadavu in Valapattanam river, covering an effective length of 40 km.
- The second cruise in Valapattanam river will be from Valapattanam to Pazhayangadi, effectively covering 16 km. The third is a mangrove cruise in Kuppam river, from Pazhayangadi to Kuppam, an effective length of 16 km.
Source- The Hindu
6. Section 377 of the Indian Penal Code
The legal dispute began in 2001, with a petition filed by a non-profit, the Naz Foundation (Trust) India, against the Union government.
- Section 377 of the Indian Penal Code is a section of the Indian Penal Code introduced in 1861 during the British rule of India.
- 377 is for Unnatural offenses.
- It is defined by IPC as “Whoever voluntarily has carnal intercourse against the order of nature with any man, woman or animal shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.”
- Earlier, violation of the IPC section was punishable with imprisonment for 10 years or sometimes even for life.
Source- Down to earth
7. Pakistan could emerge as world’s 5th largest nuclear weapons state: Report
- Pakistan currently has 140 to 150 nuclear warheads.
- The stockpile is expected to increase to 220 to 250 by 2025 if the current trend continues.
- Total Nuclear Warheads:
- United States
Source- Times of India
8. Temasek inks pact to invest $400 mn in NIIF
- Temasek will join the Government of India, Abu Dhabi Investment Authority (ADIA), HDFC Group, ICICI Bank, Kotak Mahindra Life Insurance and Axis Bank as an investor in NIIF’s Master Fund and as a shareholder in National Investment and Infrastructure Limited.
National Investment and Infrastructure Fund (NIIF)
- NIIF is India’s first sovereign wealth fund.
- It was set up by the Government of India in February 2015.
- The objective behind creating this fund was to maximize economic impact mainly through infrastructure investment in commercially viable projects, both Greenfield and Brownfield.
- NIIF manages three funds:
- Master Fund- It is an infrastructure fund.
- The objective is of primarily investing in operating assets in the core infrastructure sectors such as roads, ports, airports, power etc.
2. Fund of Funds
- Fund of Funds anchor and/or invest in funds managed by fund managers who have good track records in infrastructure and associated sectors in India.
- Some of the sectors of focus include Green Infrastructure, Mid-Income & Affordable Housing, Infrastructure services and allied sectors.
3. Strategic Fund- Strategic Investment Fund is registered as an Alternative Investment Fund II under SEBI in India.
- The funds were set up to make infrastructure investments in India by raising capital from domestic and international institutional investors.
9. Monetary limit for filing cases in DRT doubled to Rs 20 lakh
Debt Recovery Tribunal
- DRT in India is a tribunal.
- For the financial recovery of bad debts which are due to the bank and financial institutions.
- It was created in 1993.
- In India, there are total 39 Debt Recovery Tribunal and five Debt Recovery Appellate Tribunal.
Source- The Hindu
10. World Summit on Accreditation.
- The 4th edition of the summit in New Delhi.
- The theme this year is – Challenges and Opportunities in Outcome-Based Accreditation.
- World Summit on Accreditation
- The Summit is a biennial event.
- Organized by the National Board of Accreditation.
- It provides the platform to its stakeholders to share their knowledge and information on accreditation.
- WOSA Summits:
(a) 1st – 2012
(b) 2nd – 2014
(c) 3rd – 2016
- COMCASA stands for Communications Compatibility and Security Agreement.
- It is one of the four foundational agreements that the U.S. signs with allies and close partners.
- To facilitate interoperability between militaries and sale of high-end technology.
- COMCASA is an India-specific version of the Communication and Information on Security Memorandum of Agreement (CISMOA).
- It comes into force immediately and is valid for a period of 10 years.
- COMCASA allows India to procure transfer specialized equipment for encrypted communications for US-origin military platforms like the C-17, C-130, and P-8Is.
- Currently, these platforms use commercially available communication systems.
- India had signed:
(a) The General Security Of Military Information Agreement (GSOMIA) in 2002.
(b) The Logistics Exchange Memorandum of Agreement (LEMOA) in 2016.
(c)The last one remaining is the Basic Exchange and Cooperation Agreement for Geo-spatial Cooperation (BECA).