February 26 Current Affairs

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State :

Tamilnadu :

A town for research and experimentation

  • Auroville is a planned town for up to 50,000 people from around the world. Located in Tamil Nadu, close to the Coromandel Coast, nearly 10 km north of Puducherry and 15 km south of Chennai, it is a place for research and experimentation. The Auroville Outreach Media outlined the story of Auroville over the 50 years in a nutshel .

‘104 infrastructure projects for T.N. to generate jobs’

  • The Centre would implement 104 infrastructure projects in Tamil Nadu at a total cost of ₹2.5 lakh crore, said Union Minister of Shipping, Road Transport and Highways Nitin Gadkari .
  • Inaugurating a 52,609-square-metre truck terminal established at V.O. Chidambaranar Port here at a cost of ₹23.69 crore, the Minister said the proposed projects would create more employment opportunities for the youth.

Theni gets new Collector

  • M. Pallavi Baldev, a 2008-batch IAS officer, assumed office as Collector of Theni district .Ms. Baldev had served as Sub-Collector, Dharmapuri, in 2010-11, as Joint Commissioner (Enforcement) in Commercial Taxes Department in Coimbatore in 2012-15 and in Chennai since 2016 .

Kerala :

Seizure of explosives: main suspect identified

  • The police have claimed to have traced the whereabouts of a man who allegedly ordered the huge cache of gelatin sticks, which was seized by a squad after intercepting a lorry at Mukkom .

Karnataka :

Officials going all out to encourage voters in Mysuru

  • The district administration has been making all-out efforts to persuade voters to exercise their franchise in the Assembly elections.
  • Rallies will be conducted frequently in urban and rural places by different departments through which awareness will be created about the importance of voting .

Satellite terminal station: Project aims to decongest Mysuru railway station

  • The proposed satellite terminal is in the Bengaluru division of South Western Railway and is about 8.55 km from Mysuru railway station.
  • Sources in SWR told that the satellite terminal envisages six platform lines of 750 metres length, eight stabling lines (725 meters each), four maintenance lines (620 metres each), two sick lines (225 metres each), and one wheel line (50 metres).

Indian Bank staff oppose FRDI Bill

  • The Indian Bank Employees’ Federation (IBEF) opposed the Financial Resolution and Deposit Insurance (FRDI) Bill and demanded that the Centre give up various ‘anti-worker’ legislations and shelve the proposed privatisation of Public Sector Banks .

Reliance Group to invest ₹50,000 crore in State

  • The Reliance Group will be investing ₹50,000 crore in Andhra Pradesh in the electronics, the IT and the petroleum sectors in a phased manner. The MoUs were signed here on Sunday on the second day of the CII Partnership Summit.
  • Reliance Jio is investing ₹15,000 crore in setting up electronics park at Tirupati and the new capital city of Amaravati .

India :

Former Cabinet Secretary T.S.R. Subramanian passes away

  • Former Cabinet Secretary T.S.R. Subramanian died february 26. He was 79. Mr. Subramanian was a 1961 batch officer of the Uttar Pradesh cadre. He served as Cabinet Secretary from August 1996 to March 1998 .

Bill soon to seize assets of fleeing offenders

  • The Central government may soon bring in a fugitive economic offenders bill, which proposes the confiscation of assets of those who flee the country to evade prosecution, or refuse to return, in cases involving more than 100 crore .The bill has provision for settling dues of creditors by disposing properties of defaulters in cases involving over 100 crore .

Court allows ED plea

  • A special court on february 26 allowed an Enforcement Directorate plea seeking issuance of Letters Rogatory (LRs) to six countires for obtaining information about the overseas businesses and assets of diamantaire Nirav Modi in the over 11,000-crore PNB fraud case.

Judicial appointments in a flux

  • The retirement of the Chief Justice of the Manipur High Court, Abhilasha Kumari, and the retirement of the Meghalaya High Court Chief Justice, Tarun Agarwala, in March, just within a few days of their appointments as Chief Justices, reveal that judicial appointments in the High Courts remain in a constant state of flux .

World :

Air strikes on last IS pocket in eastern Syria kill 25 civilians

  • Air strikes on the last pocket of Islamic State (IS) jihadists in eastern Syria have killed at least 25 civilians, including seven children, a monitor said february 26 .
  • The strikes were conducted on Sunday on and around the village of Al-Shaafah, north of the former IS bastion of Albu Kamal near the border with Iraq, the Syrian Observatory for Human Rights said

Powerful 7.5-magnitude earthquake rattles remote Papua New Guinea

  • A powerful earthquake rattled forest villages and a large gold mine in central Papua New Guinea on Monday, and the government sent officers to the region to assess unverified reports of fatalities and check the extent of the damage.The temblor hit about 89 km southwest of Porgera, the site of a large gold mine that employs over 2,500 residents.

White House takes cautious approach on North Korea overture

  • The North has “ample intentions of holding talks with the United States,” Mr. Moon’s office said. The North’s delegation also agreed that “South-North relations and U.S.-North Korean relations should be improved together,” the statement said.

Jordan backs India’s moderate Islam

  • According to the officials, the two sides are discussing a framework agreement on defence and security, and the Deputy National Security Adviser has held several talks with the Jordanian Director of Intelligence. Any agreement will be significant, given Jordan’s closer ties to Pakistan in the past, and officials stressed that the discussions had only been initiated .

Decks cleared for Xi Jinping’s third term in office

  • Communist Party of China (CPC) proposed  that the President and the Vice President will not be constitutionally restricted to two consecutive terms in office. In effect, it means that the Chinese President Xi Jinping, who is serving his second consecutive five year term, can continue beyond 2023 .

Business :

Power plants face coal shortage

  • The power sector seems to be facing coal shortage again as 46 coal-fired power plants reported stocks of less than a week, according to official data.

Port traffic to see slower growth over next five years, says Crisil

  • The containerised cargo segment will cushion port traffic growth in the next five years as coal, the mainstay until last fiscal, has been logging a slower pace of growth, Crisil Research said in a report.
  • “Port traffic is estimated to log a compound annual growth of 3-5% in the five years through fiscal 2022, a notch down from 4.4% in the last five years,” it said.

Sports :

Ravichandran Ashwin is the new captain of Kings XI

  • During the IPL auction, Ashwin was bought by Kings XI Punjab for ₹ 7.60 crores.According to Kings XI Punjab official twitter account and website, it was announced that R. Ashwin would lead the side for the 2018 season .

Commonwealth Games attire unveiled

  • The Indian Olympic Association unveiled an impressive set of ceremonial and sports attire for the Commonwealth Games, along with the sponsors, in the presence of the Union Sports Minister Col. Rajyavardhan Rathore and a bunch of leading athletes february 26. Raymond and Shiv Naresh will provide the attire for the athletes .

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