 The joint military exercise between Morocco and the US, “African Lion 2019,” kicked off in southern Morocco. The exercise marks the participation of thousands of military officers. The exercise will include various types of training including command post, manoeuvring, peacekeeping, operations, and aerial refuelling. |
| Source- The Wings |
 Tata Steel has been named as the ‘Global Slag Company of the Year’ at the 14th Global Slag Conference and Exhibition 2019. The conference was held recently in Aachen, Germany. It is one of the largest global annual slag event, attended by major steelmakers, steel mill service providers & associated companies. The award has been presented to Tata Steel for its innovative practices in the development of new applications for Steel by-products (Slag). The award demonstrates global recognition of Tata Steel’s commitment towards sustainability & circular economy principles. |
| Source- The Verge |
 Vice President Venkaiah Naidu conferred President’s Certificate of Honour and Maharshi Badrayan Vyas Samman Awards at New Delhi. The award of the Certificate of Honour was introduced in the year 1958 to honour the scholars of Sanskrit, Arabic and Persian Languages. Maharshi Badrayan Vyas Sammandistinction is conferred on persons in recognition of their substantial contribution in the field of Sanskrit, Persian, Arabic, Pali, Prakrit, Classical Odiya, Classical Kannada, Classical Telugu and Classical Malayalam. The award was introduced in the year 2002. |
| Source- The Quint |
 The Indian Navy and Council of Scientific and Industrial Research (CSIR) inked an MoU to undertake joint research and development of advanced technologies for the Indian Navy. This will be a collaborative arrangement between labs of CSIR, the Indian Navy and Indian industry. The MoU provides a formal framework for interaction between the Indian Navy and CSIR. |
| Source- India Today |
 State-run power giant National Thermal Power Corporation has inked a term-loan agreement with Canara Bank to raise Rs 2,000 crore, which would be used to part finance its capital expenditure. The loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of the NTPC. |
| Source- Business Standard |
 In a major boost to India’s firepower, country’s first indigenously designed and developed Dhanush artillery gun was inducted in the Indian Army during a ceremony held at Ordnance Factory in Jabalpur, MP. The Army had placed an order for more than 110 of these guns with the Ordnance Factory. Dhanush 155mm/45 calibre towed gun system can be deployed in all types of terrains. The Dhanush gun system is based on the designs of the Bofors howitzer which was inducted in the Army in the 1980s and would be the third type of artillery gun to be inducted into the force after the K-9 Vajra and the M-777 ultra-light howitzers. |
| Source- ANI News |
 As per the World Bank, India’s GDP growth is expected to accelerate moderately to 7.5% in Fiscal Year 19-20, driven by continued investment strengthening, particularly private-improved export performance and resilient consumption. The real GDP growth is estimated at 7.2% in FY18/19, the World Bank said in its latest report on South Asia ahead of the spring meeting of the World Bank and the International Monetary Fund. |
| Source- The Hindu |
 Biologist Sydney Brenner who helped decipher the genetic code and jointly won the 2002 Nobel Prize in Physiology or Medicine, passed away at the age of 92. He had jointly won the Nobel Prize for “discoveries concerning genetic regulation of organ development and programmed cell death”. Born in South Africa, Brenner was an alumnus of Oxford University. |
| Source- phys.org |
 Praful Patel, president of All India Football Federation (AIFF), has become the first Indian to be elected as a member of FIFA Executive Council. Patel got 38 votes out of the total 46 votes, which only shows how highly he is regarded by the fellow Asian nations. Patel, who serves as a Senior Vice President at the Asian Football Confederation (AFC), was one of the eight candidates vying for the spot in the election, which was held during the 29th AFC Congress in Kuala Lampur in Malaysia. |
| Source- ANI News |
 The board of Lakshmi Vilas Bank (LVB) approved the merger of the private sector lender with Indiabulls Housing Finance (IBH) through a share swap deal. The merger will help Indiabulls get access to low-cost stable funds and entry into banking. The merger will also enable Tamil Nadu-based LVB to obtain a larger geographical presence. The merged entity will have a net worth Rs19,472 crore and a loan book Rs1,23,393 crore for the nine months of FY19. IBH’s board has constituted a reorganisation committee headed by independent director and former RBI Deputy Governor SS Mundra. |
| Source- The Hindu Business Line |
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