Daily Current Affairs 12 March 2018: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 12 March 2018. It includes all Major National, International, Business and Sports related current affairs of 12 March 2018. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 12 March 2018 Current affairs test.

National News

1.Milk production up 20% in 2014-17.

  • According to Minister of Agriculture and Farmers’ Welfare Radha Mohan Singh, Milk production in the country increased by 20% from 137.7 million tonnes to 165.4 million tonnes between 2014 and 2017.
  • Also, the per capita availability of milk has risen by 15.6 percent from 307 gms a day to 355 gms per day between 2013-14 and 2016-17.

2.Floating Lab set up to monitor Manipur’s Loktak lake.

  • The Institute of Bio-resources and Sustainable Laboratory(IBSD), Imphal, set up a floating laboratory in northeast India’s largest freshwater lake Loktak to constantly monitor its water quality and eventually improve it.
  • The laboratory was inaugurated by Manipur’s Forest and Environment Minister, Thounaojam Shyamkumar Singh in Imphal.

3.India and France pledge to build world’s largest nuclear plant.

  • PM Narendra Modi and French President Emmanuel Macron pledged to begin work on “the largest nuclear power plant in the world” in India by this year.
  • Urging Electricite de France SA and India’s Nuclear Power Corporation to accelerate discussions on a contract and start work at Maharashtra’s Jaitapur, the leaders said the plant would have a 9.6 GW capacity.

4.Mere weapon seizure doesn’t link person to murder: Hyderabad HC.

  • The Hyderabad High Court has held that a weapon’s seizure from a person cannot link them to a murderer unless a link between the two is established.
  • The court was hearing a plea by a man convicted of murdering someone he had loaned money to. While the weapon was seized from him, it wasn’t sent to a forensic lab.

International News

1.India and France inked 14 pacts.

  • India and France have inked 14 pacts in key areas of defence, security, nuclear energy and protection of classified information besides resolving to deepen cooperation in the Indo-Pacific region and set up joint efforts to contain terrorism.
  • The agreements were signed keeping in mind the changing security dynamics in the Indian Ocean and pacific.

2.Lashkar-e-taiba splits due to financial crunch.

  • Pakistan-based militant outfit Lashkar-e-Taiba has split into two due to financial crisis caused by the ban on 26/11 Mumbai attack mastermind Hafiz Saeed’s organisations, reports said.
  • Maulana Amir Hamza has split from the terror group and formed a new outfit named Jaish-e-Manqafa. The ban reportedly forced Hamza to mobilise funds through his new outfit.

3.Bangladesh plane carrying 71 people crashes at Nepal airport.

  • Several people are feared to be dead after a US-Bangla Airlines plane crashed during landing at the Tribhuvan International Airport in Kathmandu, Nepal.
  • All the operations have been halted at the airport ad rescue teams have been deployed.

4.Won’t give back Crimea to Ukraine: Putin.

  • Russian President Vladimir Putin has said that he will not give back Crimea to Ukraine under any circumstances.
  • Russia had annexed the Crimean Peninsula from Ukraine in 2014 following which pro-Russian separatists took control over the Donetsk and Luhansk regions.

Business News
1.Sensex records biggest 1-day gain in over a year.

  • Benchmark index BSE Sensex surged 610.8 points at 33,917, posting its biggest one-day gain in nearly 17 months.
  • The NSE Nifty also gained 194.55 points. The biggest gainers on both the indices were Bharti Airtel, NTPC and ITC.

2.Telecom, power contributed to bad loans problem: Chidambaram.

  • Telecom and power sectors contributed to the bad loans problems, former Finance Minister P Chidambaram said.
  • He also said that new jobs were not created as there were no additional private investments.

3.Khadi industry lost 7 lakh jobs.

  • The govt informed the parliament that the number of people employed in the Khadi sector fell from 11.6 lakh to 4.6 lakh in the last two financial years.
  • However, the production of Khadi increased by 31.6% and sales grew by 33% during the period.

4.Women make up only 22% of boards of largest US firm: Report.

  • According to a Bank of America Merrill Lynch report, the average board of the 500 largest US companies currently has a representation of only 22%, up from 14% in 2008.
  • The report further added that 11% off companies have at least one-third of board seats held by women, only 1% have half or more board seats filled by women.

Sports News
1.Rabada takes wicket every 39 balls.

  • Kagiso Rabada has now a Test bowling strike-rate of 38.9, the best by any bowler with 100-plus wickets in 122 years.
  • England’s George Lohmann has the best strike-rate of 34.1 in Test cricket history.

2.Pooja Vastrakar, 1st woman to score 50 while batting at no.9.

  • 18-year-old Pooja Vastrakar became the first woman in the ODI history to score 50 while batting at number nine or lower, after registering a 56-ball 5 against Australia.
  • Pooja was the highest run-getter and scored with the highest strike rate in the Indian innings, which ended at 200/10, playing in only her second ODI.

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