Current Affairs- Today’s Headlines: March 2, 2023

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INDIA

  • Prime Minister Narendra Modi to inaugurate Raisina Dialogue, India’s flagship conference on geopolitics and geo-strategy.
  • Cabinet approved procurement of 70 HTT-40 basic trainer aircraft from Hindustan Aeronautics Limited (HAL) for the Indian Air Force.
  • Supreme Court sets up panel to protect investor interest following large investor losses caused by Hindenburg report.
  • Tamil Nadu signs MoU with UNEP for implementing urban cooling programme in the State
  • Home Ministry suspends FCRA licence of the think tank- Centre for Policy Research.
  • Indian govt plans to procure 34.1 million tonne wheat from farmers this year.

ECONOMY

  • NSO Data: India’s GDP comes down to 4.4% in the 3rd quarter of the current fiscal year, 2% down since the July-September quarter.
  • RBI asks banks for weekly updates on Adani loans; reviews local bank loans to Adani firms.
  • Moody’s raises India’s GDP growth projection for 2023 to 5.5%.
  • SEBI penalises MCX for allowing Sikkim-based trades.

WORLD

  • Elon musk climbs to the top of the list of World’s richest, with a net worth of $187 billion dollars.
  • U.S. Department of Energy claims that the Covid-19 pandemic was caused by a lab leak in China.
  • POTS or postural orthostatic tachycardia syndrome has affected around one million Americans after pandemic.

SPORTS

  • Cricket: Ashwin surpasses Kapil Dev, becomes India’s third-highest wicket-taker
  • Just Fontaine, the French football legend who scored a record 13 goals at the 1958 World Cup, passed away.
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