Current Affairs Feb 28th & 01st Mar 2021| Current Affairs News

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CURRENT AFFAIRS : DAYS

World NGO Day: 27 February 2021

• World NGO Day is commemorated on 27th February every year across the world.
• This commemoration is specifically important to boost the social work that has been organised by every country and to honour the activists and social workers who are diligently working for the betterment of the society.
• The celebration was embarked in the UN in 2014, but after then World NGO Day was officially recognised and declared by the 12 member countries of the IX Baltic Sea NGO Forum of the Council of the Baltic Sea States in 2010.
• World NGO Day gives an opportunity for these people to take time and make an effort by attributing the best they can provide within a given period of time.
• World NGO Day was established by Mārcis Liors Skadmanis as an effort to recognise, appreciate and celebrate the great contributions that NGOs have made and the impact they have on the entire world.

About NGO :

• NGO (Non Governmental Organisation) is also called Non Government Organization (NGO), Non Profit Organisation (NPO).In general, it is a type of social welfare organisation that works for common welfare and development.
• NGO help and support people for their rights and legal powers in society.

Rare Disease Day: February 28, 2021

• Rare Disease Day is held on the last day of February every year to raise awareness of rare diseases.
• Rare Disease Day was first launched by EURORDIS and its Council of National Alliances in 2008.
• The main objective of Rare Disease Day is to raise awareness amongst the general public and decision-makers about rare diseases and their impact on patients’ lives.

About Rare Disease :

• A rare disease, also referred to as an orphan disease, is any disorder that affects a small percentage of the population. Although the disease may be rare, patients and families share a common struggle.
• Rare diseases currently affect 3.5% – 5.9% of the worldwide population.
• 72% of rare diseases are genetic whilst others are the result of infections (bacterial or viral), allergies and environmental causes, or are degenerative and proliferative.

National Science Day being observed On Feb 28 2021

• Every year, National Science Day is celebrated on February 28, to mark the discovery of the Raman effect by Indian physicist Sir CV Raman, back in 1928
• The theme for this year’s National Science Day celebration is “Future of STI: Impacts on Education, Skills and Work”.
• The day is aimed at spreading the message of the importance of science and its application in human life.
• On this day, Physicist  CV Raman announced the discovery of the ‘Raman Effect’ for which he was awarded the Nobel Prize in 1930.

History of National Science Day

• In 1986, the National Council for Science and Technology Communication (NCSTC) asked the Government of India to designate February 28 as National Science Day.
• The event is now celebrated all over India across schools, colleges, universities and other academic, scientific, technical, medical and research institutions.

About National Council for Science and Technology Communication (NCSTC) :

• The National Council for Science and Technology Communication is a scientific programme of the Government of India for the popularisation of science, dissemination of scientific knowledge and inculcation of scientific temper.
• Headquarters : New Delhi

India observes Second Protein Day on February 27, 2021

• Protein Day is an annual awareness day observed on February 27th, that aims to rally towards the mission of protein awareness and sufficiency in India.
• Theme for 2021:  Powering with Plant Protein.
• This year’s theme shines the spotlight on plant-based sources of protein and encourages Indian citizens at large to learn and know more about different types of sources available and their importance in daily meals for better nutrition and health.
• 2021 marks the second year for this nutritional awareness milestone in India by ‘Right to Protein’.

CURRENT AFFAIRS : NATIONAL NEWS

Chenab bridge, world’s highest rail bridge taller than Eiffel Tower, completed by end of 2021

• Chenab bridge, the world’s tallest railway bridge over Chenab River in Kouri area, will achieve another engineering milestone.
• The Konkan Railway Corporation Limited (KRCL) is building the Chenab bridge over a challenging 111 km-stretch under the Udhampur-Srinagar-Baramulla Rail Link (USBRL)
• It will connect the Valley with the rest of the country through railways.
• The Chenab bridge is being constructed 359 metres above Chenab’s river bed and will be 35 metres taller than the Eiffel Tower (which has a height of 324 metre).
• The length of the Chenab bridge will be 1,315 metres with 17 spans, of which the span of the main arch across Chenab river will be 467 metres. The viaduct portion comprises a straight and curved portion. The curvilinear portion is located on a 2.74-degree sharp curve.

About KRCL :

• Headquarters : NaviMumbai, Maharashtra
• Chairman & Managing director : Sanjay Gupta
• Founder : E. Sreedharan
• Founded: 19 July 1990

NPCI enables UPI AutoPay live on music streaming platform ‘Gaana’

• National Payments Corporation of India (NPCI) has announced that UPI AutoPay has now gone live on Gaana.
• Its integration with UPI AutoPay has made Gaana the first player in the Media and Entertainment industry to roll out the innovative e-mandate feature on UPI.
• The introduction of UPI AutoPay will empower Gaana’s users to experience a smooth and seamless mechanism of renewing their subscriptions.
• Customers can enjoy premium, uninterrupted streaming of their choicest music, podcasts and radio without having to remember about the subscription renewal date.
• The strategic role played by Paytm and Juspay as payment aggregators will create a superior transaction experience for the customers.
• Based on the mandate, the subscription amount will be deducted automatically on the authorized date without entering UPI PIN.

About NPCI :

• MD & CEO : Dilip Asbe
• Headquarters : Mumbai, Maharashtra
• Founded : 2008

New guidelines for social media intermediaries: Prakash Javadekar

• Information & Broadcasting Minister Prakash Javadekar has said that the new guidelines for social media intermediaries, OTT platforms and Digital Media will bring uniformity among all in the field of media.
• The Intermediary Guidelines and Digital Media Ethics code notified by the government, Mr. Javadekar said this will empower the users and will for the first time ensure grievance redressal mechanism for them.
• The Minister asserted that the new guidelines which have been welcomed by the world community is based on the principle of responsible freedom.
• The government had notified the new guidelines based on the principle of soft-touch self-regulation mechanism for Digital Media, Social Media Intermediaries and OTT platforms in the country.

Saras Aajeevika Mela opens at Noida Haat

• Agriculture and Farmers Welfare Minister Narendra Singh Tomar inaugurated Saras Aajeevika Mela 2021 at Noida Haat.
• Minister of State for Agriculture and Farmers Welfare, Kailash Choudhary was also present on the occasion.
• Mr Tomar said that the Ministry of Rural Development is working to include more women in Self Help Groups (SHGs).
• He said these SHGs played a vital role in increasing family income and improving quality of life.
• Prime Minister’s call for self-reliant India, the minister said Atmanirbharta can’t be achieved only by Government’s schemes and efforts.
• He urged the empowered SHGs to come forward and help other SHGs to become Atmanirbhar.
• The Saras Aajeevika Mela 2021 is being organized from 26th February to 14th March 2021 by the Ministry of Rural Development.
• More than 300 rural self-help groups and craftsmen from 27 states are participating in the Mela.

DGCA offers flight operators to give concessions in ticket prices to travellers who carry no baggage

• Directorate General of Civil Aviation, DGCA has allowed domestic flight operators to give concessions in ticket prices to travellers who carry no baggage or only cabin baggage.
• At present, a traveller can carry up to 7 kilograms of cabin baggage and 15 kilograms of check-in baggage without having to pay any additional cost.
• The new rule will allow airline operators to provide tickets at lesser prices to those who opt to travel with no baggage or only with cabin baggage within the permissible weight limit.
• As part of the new airline baggage policy, scheduled airlines will be allowed to offer free baggage allowance as well as zero baggage or no check in baggage fares.
• The airlines will however have to prominently display the additional charges applicable in case the passenger turns up with extra baggage.

CURRENT AFFAIRS: INTERNATIONAL NEWS.

Indian company Omega Seiki to set up electric vehicle plant in Bangladesh

• An Indian company Omega Seiki will set up an electric vehicle plant in Bangladesh.
• The manufacturing unit will be set up near Dhaka with an investment of 100 crore.
• It is the first project of any Indian company producing Electrical vehicles in the international market.
• The project will be a modern greenfield facility and will focus on manufacturing two-wheelers, three-wheelers, and electric bicycles.
• The Chairman of the Omega Seiki mobility Uday Narang said that Bangladesh does not have a policy on Electrical Vehicles as yet but it may change fast.
• According to a press release issued by the Omega Seiki, the company will focus on coming out with best in class vehicles and quality service experience for the buyers.

CURRENT AFFAIRS : STATE NEWS

Odisha CM Naveen Patnaik launches 5 online services of WCD, Mission Shakti Dept

• Odisha Chief Minister Naveen Patnaik launched 5 online services of the Women and Child Development Department and Mission Shakti.
• The initiatives launched are ‘Mo-Chhatua App’ for streamlining supply chain management of Take Home Ration (Chhatua)
• e-Kalika, an application for monitoring crèches for children under three;
• ‘Mo Sishu portal’, a comprehensive web based information management and monitoring system exclusively for child protection services;
• ‘MAMATA App & MIS’, making the flagship conditional cash transfer benefit scheme for pregnant women hassle free, paperless and citizen centric.
• The ‘e-manadeya’ portal launched is for seamless, paperless transfer of honorarium to 1, 34,758 AWWs, mini anganwadi workers and helpers.
• On this occasion WCD Department also entered into technical collaboration with CFTRI (Central Food Technological Research Institute) for improving the quality of THR (Take Home Ration) including testing of samples of THR and hot cooked meals, mentoring THR producing women self help groups and capacity building of ICDS functionaries and women SHG.
• Also an understanding has been entered into with ICMR- RMRC (Indian Council of Medical Research – Regional Medical Research Centre) to conduct an annual nutrition survey.
• The WCD & MS Department also entered into a technical collaboration with UNICEF on capacity building of the Odisha State Child Protection Society to strengthen the capacities of the statutory bodies, service delivery structures and caregivers under the State Child Protection Scheme and with the World Food Programme for technical support for fortification.

About Odisha :

• Capital : Bhubaneshwar
• Governor : Ganeshi Lal
• CM : Naveen Patnaik

SIDBI joins hands with AP govt for Development of MSME ecosystem

• Small Industries Development Bank of India (SIDBI) has entered into a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to develop the MSME ecosystem in the State.
• The MoU was signed by  J V N Subramanyam IAS,Director of Industries, Commerce and Export Promotion, Government of Andhra Pradeshand Sanjay Jain, General Manager, Regional Head, Small Industries Development Bank of India (SIDBI), Hyderabad, in the presence of Mekapati Goutham Reddy, Cabinet Minister of Industries, AP government.
• Under the agreement, a Project Management Unit (PMU) will be deployed by SIDBI to design schemes/programmes in the areas of equity support, interest subvention, resolution of stressed MSMEs, and facilitate intervention based on evaluation of the existing status of MSMEs.
• The PMU will study the existing framework of schemes currently available for MSMEs in the State and shall suggest modifications, if any, to enhance efficacy.

About SIDBI :

• Headquarters : Lucknow
• Founded : 2 April 1990
• Chairman & MD : Devendra Kumar Singh

About MSME :

• Headquarters : New Delhi
• Founded : 2007
• Joint Secretary : Ateesh Kumar Singh

Devotees of Kerala take part in Attukal pongala festival from their homes

• In Kerala, amid the Covid-19 pandemic the devotees will take part in the Attukal pongala from their homes.
• Pongala is the annual ritual of the Attukal Bhagavathy Temple in Thiruvananthapuram and holds the Guinness world record as the largest gathering of women.
• Every year nearly 20 lakh devotees take part in the festival.
• However, this time the authorities have decided to scale down the festival rituals by confining the ritual to the temple premises.
• The devotees have been asked to offer the ritual at their homes to avoid crowding.
• Pongala offerings at public places have been banned.

Gujarat govt launched its Budget mobile app

• In Gujarat, Deputy Chief Minister Nitin Patellaunched ‘Gujarat Budget’ mobile application at Gandhinagar.
• Briefing media at Gandhinagar, Mr Patel said the mobile app will have five different sections, comprising budgetary allocations for 27 departments, budget highlights, finance minister’s speech, and important aspects of the budget and news coverage of it.
• He added that since budget publications will be available online, the government will print only 20 percent of material, which would save 55 lakh pages.
• The month-long budget session of the Gujarat Assembly would begin on March 1st and the budget for the financial year 2021-22 will be presented on March 3rd.

Union Health Minister lays foundation stone of Mon Medical College in Nagaland

• Union Health Minister Dr. Harsh Vardhan laid the foundation stone of Mon Medical College covering 30 acres of land at District Hospital Mon, Nagaland.
• Harsh Vardhan said Prime Minister Modi has always been committed to the people of Northeast region since the day he entered the Parliament.
• He said PM Modi has a vision to ensure that a place like Mon situated in the extreme corner of the country should not be deprived of the various facilities and services.

CURRENT AFFAIRS : BANKING NEWS

Indian economy to contract by 8% in 2020-21, NSO expects

• The growth in India’s real GDP during 2020-21 is estimated at -8 percent as compared to the growth rate of 4.0 per cent in 2019-20.
• The government had projected a GDP contraction of 7.7 per cent in its first advance estimate.

About National Statistical Commission :

• The objective of its constitution is to reduce the problems faced by statistical agencies in the country in relation to collection of data.
• Chairperson : Bimal Kumar Roy
• Formed : July 12, 2006
• Headquarters : New Delhi
• Comes Under Ministry of Statistics and Programme Implementation

IRDAI issues guidelines for standard personal accident cover

• The Insurance Regulatory and Development Authority of India (IRDAI) has directed all general and health insurance companies to mandatorily offer a standard personal accident insurance policy by 1 April, 2021.
• The policy will be named Saral Suraksha Bima, succeeded by the name of the insurance company. It will be offered with a tenure of one year.
• As per the final guidelines issued by the Insurance Regulatory and Development Authority of India (IRDA), the minimum sum insured will be 2.5 lakh and maximum sum insured Rs.1 crore.

About IRDAI :

• Headquarters : Hyderabad
• Founded : 1999
• Chairman : Subhash Chandra Khuntia

HDFC Bank, Kotak Mahindra Bank to pick up 9.99% stake each in Ferbine

• Private lenders HDFC Bank and Kotak Mahindra Bank have initiated exchanges that they have invested in Ferbine Private Limited.
• In its regulatory filing, HDFC Bank said that the bank has executed an agreement for subscribing to 4,995 equity shares of the face value of Rs. 10 each fully paid up issued by Ferbine Private Limited for a consideration of Rs. 10 per equity share.
• HDFC Bank will hold about 9.99% stake in Ferbine.
• Meanwhile, Kotak Bank said that the bank has agreed to subscribe to 4,995 Equity Shares in Ferbine Private Limited for a consideration of Rs. 49,950 translating into an equity shareholding of 9.99%. The deal was completed.
• Ferbine has been incorporated to make an application to the Reserve Bank of India (‘RBI’) for setting up a pan-India Umbrella Entity (‘PUE’) for retail payments.

About HDFC Bank :

• CEO : Sashidhar Jagdishan
• Founder : Hasmukhbhai Parekh
• Headquarters : Mumbai
• Founded : August 1994

About Kotak Mahindra Bank : 

• CEO : Uday Kotak
• Founded : Feb 2003
• Headquarters : Mumbai

CURRENT AFFAIRS : ECONOMY

E-Daakhil portal for consumer grievance redressal now operational in 15 states, UTs

• The ‘E-Daakhil’ portal for consumer grievance redressal is now operational in 15 states and Union Territories (UTs).
• The Consumer Protection Act, 2019, which came into force from July 20, 2020, has a provision for e-filing of consumer complaints in the consumer commissions and online payment of the fees for filing a complaint.
• A web application for e-filing of consumer complaints named ‘edaakhil.nic.in’ has been developed by NIC for the purpose.

About E-Daakhil :

• E-filing was launched by the National Consumer Disputes Redressal Commission (NCDRC) on September 7, 2020.
• Delhi was the first state to implement it on September 8, 2020.
• The E-Daakhil portal empowers the consumer and their advocates to file the consumer complaints along with payment of requisite fees online from anywhere for the redressal of their complaints.
• It has been developed and is maintained by the National Information Centre (NIC) under the Ministry of Electronics & Information Technology.
• The portal facilitates e-filing of consumer complaints in the Consumer Commissions and also has provision of online payment of the fees from anywhere for the redressal of their complaints.
• It also facilitates the consumer commissions to scrutinize the complaints online to accept, reject or forward the complaint to the concerned commission for further processing. and online payment of the fees for filing a complaint.
• The portal has been launched under Consumer Protection Act, 2019, which has come into force from 20th July, 2020.

About NCDRC :

• Headquarter -New Delhi.
• Head – Justice R K Agrawal
• NCDRC is a quasi-judicial commission in India which was set up in 1988 under the Consumer Protection Act, 1986.

CURRENT AFFAIRS : APPOINTMENTS

Sharad Goklani Appointed President & CTO At AU Small Finance Bank

• Sharad Goklani has been appointed as President & CTO at AU Small Finance Bank.
• He joins from Equitas Small Finance Bank where he served as the EVP & CTO.
• Earlier, he was associated with esteemed organizations like Bharti Airtel and NIIT among others.
• Goklani completed his MCA and BSc from University of Rajasthan.

About AU Small Finance Bank :

• AU was started 25 years ago by Sanjay Agarwal, a merit holder Chartered Accountant and a first-generation entrepreneur. As per the official website, it was founded in Jaipur in 1996 as Au Financiers, a non-deposit taking Non-Banking Finance Company (NBFC), it effectively worked on funding economic growth, especially for the under-served and un-served low & middle-class individuals.
• Au Financiers converted into AU Small Finance Bank in April 2017 after receiving the license from RBI.

CURRENT AFFAIRS : AGREEMENTS

State Bank of India joins JPMorgan’s blockchain-based payment network

• State Bank of India has tied up with JPMorgan to use the US bank’s blockchain technology to speed up overseas transactions.
• The tie up is expected to reduce SBI customers’ transaction costs and time taken for payments.
• Time taken to resolve cross-border payments-related inquiries can be reduced to a few hours from up to a fortnight.
• This will help cross-border payments reach beneficiaries faster and using limited steps.
• With this, SBI has become the first bank in India to go live on the blockchain-based payment network of JPMorgan on implementation and exploring application as part of the network to better serve our clients

CURRENT AFFAIRS : SUMMITS & CONFERENCES

Nirmala Sitharaman attends virtual G20 Finance Ministers and Central Bank Governors Meeting

• Union Finance and Corporate Affairs Minister Nirmala Sitharaman has participated virtually in the First G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Italian Presidency to discuss policy actions for transformative and equitable recovery.
• Purpose : to discuss policy actions for transformative and equitable recovery along with other issues on the agenda including global economic outlook, financial sector issues, financial inclusion and sustainable finance.
• It must be noted that this meeting is follow-up for the upcoming 2021 G20 Summit, the sixteenth meeting of Group of Twenty, scheduled to take place in Rome, Italy, on 30–31 October 2021.
• The Finance Minister also stressed the importance of transfer of green technologies and scaling up of climate finance.

CURRENT AFFAIRS : SPORTS

Yusuf Pathan Announces Retirement From All Forms Of Cricket

• Yusuf Pathan, former India all-rounder, announced his retirement from all formats of cricket.
• Yusuf, the older brother of another former India cricketer Irfan Pathan, is a two-time World Cup winner.
• Yusuf has also won the Indian Premier League twice with Kolkata Knight Riders – in 2012, 2014 – and once with Rajasthan Royals in 2008.
• Yusuf played 57 ODIs and 22 T20Is for India since making his international debut in 2007.
• He was part of the Indian team that won the ICC T20 World Cup 2007 and ICC Cricket World Cup 2011.
• Yusuf played 100 first-class matches, scoring 4825 runs and picking up 201 wickets. In List A cricket, the right-handed batsman accumulated 4797 runs and got 124 wickets from 199 matches.

Pacer Vinay Kumar announces retirement from all forms of cricket

• Pacer Vinay Kumar announced his retirement from all forms of cricket.
• Davangere Express” after running for 25 years and passing so many stations of cricketing life, has finally arrived at a station called “retirement”.
• An intelligent pacer and a capable batsman, Vinay played one Test (against Australia in Perth in 2012), 31 ODIs and nine T20Is.
• The 37-year-old last featured for India in the limited-overs leg of a home series against Australia in 2013.
• Vinay was an outstanding performer in his 17-year domestic career.
• He scalped 504 wickets in 139 first-class matches and is the highest wicket-taker among fast bowlers in Ranji Trophy history.
• He also has 225 and 194 wickets in List A and T20 matches respectively. With the bat, he scored two centuries and 17 fifties in first-class matches.
• Vinay made his Ranji Trophy debut for Karnataka in the 2004-05 season and quickly rose through the ranks to become their lead seamer.
• The 2007-08 season marked his arrival as he finished as the second leading wicket-taker in the Ranji Trophy season – a performance that ensured a call-up to the IPL where he represented Royal Challengers Bangalore.
• It soon got better as the 2009-10 Ranji Trophy season saw him take 46 wickets and lead his Karnataka side to the final.

CURRENT AFFAIRS :OBITUARIES

Malayalam poet Vishnunarayanan Namboothiri passes away

• Renowned Malayalam poet, priest and academician Vishnu Narayanan Namboothiri died on. He was 81 years old.
• He is a winner of prestigious literary awards like the Ezhuthachan Award, the highest literary award instituted by the Kerala government and the Vayalar Award (instituted in the name of the late poet and lyricist Vayalar Rama Varma), the poet was an eminent presence in the world of Malayalam literature for decades.
• He was honoured with the Padma Shri in 2014.
• He also won the Kerala Sahitya Akademi Award, Kendra Sahitya Akademi Fellowship, Vallathol Award, Odakkuzhal Award and the Mathrubhumi Literary Award, among others.
• Some of his noted works are are ‘Swaathandhryathe- Kurich Oru Geetham’, ‘Bhoomigeethangal’, ‘India Enna Vikaram’, ‘Aparaajitha’, ‘Aranyakam’, ‘Pranayageethangal’ and ‘Ujjayiniyile Rappakalukal’, among others.
• He was also a noted scholar of language and the Vedas, as well as an orator.

Papua New Guinea’s first Prime Minister, Michael Somare, passes away at 84

• Michael Somare, Papua New Guinea’s first prime minister, who played a major role in leading the country to independence from Australia, died  in Port Moresby, the capital. He was 84.
• Michael Somare was known as the “father of the nation” because he led the Pacific archipelago to independence from Australia in 1975.
• Somare was Papua New Guinea’s longest-serving prime minister, over three separate terms, for 17 of the country’s 45 years of independence.
• He held the office from 1975 to 1980; from 1982 to 1985; and from 2002 to 2011.
• Somare played a pivotal role in navigating the challenges raised by the country’s disparate tribal groups, Australian expatriates and Australia’s government in the lead-up to independence.

About Papua New Guinea :

• Capital : Port Moresby
• Currency: Papua New Guinean kina

Daily CA On Feb 27 :

• On February 25, 2021, Prime Minister visited Tamil Nadu to dedicate to the nation and lay the foundation stone of multiple infrastructure projects in Coimbatore.
• Prime Minister Narendra Modi will address the 33rd Convocation of the Tamil Nadu M.G.R. Medical University through video conferencing.
• Puducherry has been placed under the President’s rule days after the Congress-led Government collapsed after several resignations.
• To showcase the strength and opportunities of the India’s biotechnology sector at national level and to the global community, the second edition of Global Bio-India will be organized from 1st to 3rd March.
• Indian Railways has decided to reactivate the facility of UTS ON MOBILE App in zones where unreserved train services are reintroduced.
• Prime Minister Narendra Modi will inaugurate the India Toy Fair 2021 through video conferencing.
• Foreign Minister of Uzbekistan Abdulaziz Kamilov who is on a two day visit to India met with External Affairs Minister Dr S Jaishankar in New Delhi.
• The 24th edition of the India-USA Executive Steering Group meeting was held at New Delhi from 22nd to 24th February.
• The new Passenger train service between India and Bangladesh will start from 26th of March, the day the neighbouring country begins the Golden Jubilee celebrations of its Independence.
• Union Minister of State for Personnel, Dr. Jitendra Singh has said that India’s successful commencement of the COVID-19 vaccination programme with two indigenously developed vaccines, offers a lot of hope of a decisive victory against the pandemic in the coming months.
• China is celebrating its traditional Lantern festival.
• Digital University has been set up in Kerala’s Technocity, Mangalapuram. The Governor of Kerala Arif Mohammed Khan has inaugurated the country’s first Digital University in the state.
• In Maharashtra, the State Government’s New Agriculture Pump Power Connection scheme has been receiving a good response.
• Himachal Pradesh Chief Minister Jai Ram Thakur launched ‘e-Parivahan Vyavstha’ of the State Transport Department to provide faceless services to the people of the State regarding Driving Licence/Registration Certificates/Permits etc.
• In Tamil Nadu, Chief Minister Edappadi K. Palananiswami announced that the retirement age of State Government employees has been increased from 59 to 60 years.
• In Tripura, the 39th Agartala International Book Fair with the theme “Ek Tripura, Shrestha Tripura” has begun at Agartala.
• ICRA has projected the Indian economy to contract 7 percent in current fiscal (FY21).
• Kolkata-based FMCG company, Emami Ltd, has roped in National Award winning Bollywood actor, Ayushmann Khurrana, for its BoroPlusSoaps and Hand Wash range.
• Finding blue-collar jobs in the district will no longer be a herculean task.
• Haryana’s Deputy Chief Minister Dushyant Chautala was unanimously re-elected as the president of the Table Tennis Federation of India (TTFI) for another four-year term at Panchkula
• Russian supermodel and philanthropist Natalia Vodianova became a United Nations goodwill ambassador
• Levi’s announced the appointment of actor Deepika Padukone as its global brand ambassador.
• Nothing, a new London based consumer technology company, announced the appointmentof Manu Sharma, as its Vice President and General Manager, Nothing India.
• Veteran actor Kabir Bedi will tell the story of his life “with raw emotional honesty” in his memoir which will be published this April.
• Telangana State Southern Power Distribution Company Limited (TSSPDCL) bagged four awards, two of which were the ‘ICC – 8th Innovation with Impact Awards 2020’, under the categories of Overall Innovation with Impact (General States) and Quality of Service and Customer Empowerment.
• The Ministry of Corporate Affairs and Central Board of Indirect Taxes and Customs have signed an MoU for exchange of data for enhancing ease of doing business in India and improving overall regulatory enforcement.
• A Memorandum of Understanding was signed between the Inland Waterways Authority of India and the MOL (Asia Oceania) Limited for transportation of Liquefied Natural Gas through barges on National Waterways-1 and National Waterways-2.
• The Ministry of Corporate Affairs and Central Board of Indirect Taxes and Customs signed a Memorandum of Understanding in New Delhi for data exchange between the two organisations.
• PM Modi will virtually inaugurate and deliver the inaugural address at the 2nd Khelo India National Winter Games on February 26, 2021.

Daily CA On Feb 28 & Mar 01 :

• World NGO Day is commemorated on 27th February every year across the world.
• Rare Disease Day is held on the last day of February every year to raise awareness of rare diseases.
• Every year, National Science Day is celebrated on February 28, to mark the discovery of the Raman effect by Indian physicist Sir CV Raman, back in 1928
• Protein Day is an annual awareness day observed on February 27th, that aims to rally towards the mission of protein awareness and sufficiency in India.
• Chenab bridge, the world’s tallest railway bridge over Chenab River in Kouri area, will achieve another engineering milestone.
• National Payments Corporation of India (NPCI) has announced that UPI AutoPay has now gone live on Gaana.
• Information & Broadcasting Minister Prakash Javadekar has said that the new guidelines for social media intermediaries, OTT platforms and Digital Media will bring uniformity among all in the field of media.
• Agriculture and Farmers Welfare Minister Narendra Singh Tomar inaugurated Saras Aajeevika Mela 2021 at Noida Haat.
• Directorate General of Civil Aviation, DGCA has allowed domestic flight operators to give concessions in ticket prices to travellers who carry no baggage or only cabin baggage.
• An Indian company Omega Seiki will set up an electric vehicle plant in Bangladesh.
• Odisha Chief Minister Naveen Patnaik launched 5 online services of the Women and Child Development Department and Mission Shakti.
• Small Industries Development Bank of India (SIDBI) has entered into a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to develop the MSME ecosystem in the State.
• In Kerala, amid the Covid-19 pandemic the devotees will take part in the Attukal pongala from their homes.
• In Gujarat, Deputy Chief Minister Nitin Patellaunched ‘Gujarat Budget’ mobile application at Gandhinagar.
• Union Health Minister Dr. Harsh Vardhan laid the foundation stone of Mon Medical College covering 30 acres of land at District Hospital Mon, Nagaland.
• The growth in India’s real GDP during 2020-21 is estimated at -8 percent as compared to the growth rate of 4.0 per cent in 2019-20.
• The Insurance Regulatory and Development Authority of India (IRDAI) has directed all general and health insurance companies to mandatorily offer a standard personal accident insurance policy by 1 April, 2021.
• Private lenders HDFC Bank and Kotak Mahindra Bank have initiated exchanges that they have invested in Ferbine Private Limited.
• The ‘E-Daakhil’ portal for consumer grievance redressal is now operational in 15 states and Union Territories (UTs).
• Sharad Goklani has been appointed as President & CTO at AU Small Finance Bank.
• State Bank of India has tied up with JPMorgan to use the US bank’s blockchain technology to speed up overseas transactions.
• Union Finance and Corporate Affairs Minister Nirmala Sitharaman has participated virtually in the First G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Italian Presidency to discuss policy actions for transformative and equitable recovery.
• Yusuf Pathan, former India all-rounder, announced his retirement from all formats of cricket.
• Pacer Vinay Kumar announced his retirement from all forms of cricket.
• Renowned Malayalam poet, priest and academician Vishnu Narayanan Namboothiri died on. He was 81 years old.
• Michael Somare, Papua New Guinea’s first prime minister, who played a major role in leading the country to independence from Australia, died  in Port Moresby, the capital. He was 84.