Tuesday, 8 March 2016


1. The Sex ratio has come down in Gujarat placing it at 22nd rank in the Nation

The Sex ratio in Gujarat has fallen significantly from 920 in 2001 to 919 in 2011.It is a
fall against the overall 10 points increase in the average of sex ratio of the Nation.
  The socio-economic review presented  in the state assembly revealed that the
sex ratio of Gujarat was 919 against the National sex ratio which is 943
  With 919 females for every 1000 males, Gujarat ranked 22nd among 28 states
as per the 2011 Census
  Capital: Gandhi nagar
  CM: Anandi Ben Patel
  Governor: Om Prakash Kohli
  State Bird: Greater  Flamingo
2. Mumbai to host BRICS Friendship Cities Conclave in April
The  financial  capital  of  India  to  host  BRICS  Friendship  Cities  Conclave  in  April
involving top Urban Policy makers and Planners from BRICS Nations.
  The BRICS Friendship Conclave is a joint initiative of Ministry of External
Affairs and Maharashtra Government to be held between April 14 and 16 this
  Brazil, Russia, India, China, South Africa
  7
 BRICS summit held at UFA in Russia 
  India will host the 8
 summit this year.

3. Third phase of Gyan Sangam to focus on consolidation of banks 

The government told that it has started the second edition of Gyan Sangam and in the
third phase of Gyan sangam it has planned to focus on Consolidation of banks.
  Gyan Sangam is a retreat for banks and financial Institutions. It was held for
the first time last year.
4. Oil Ministry laid out the foundation stone of Octomax unit at Mathura
Union Minister Dharmendra Pradhan laid out the foundation stone for Octomax unit
in the oil refinery at Mathura.
  Octomax unit is the country’s first high octane gasoline production unit
  It is a part of the oil refinery at Mathura
5. Axis bank better placed than ICICI and other PSU Banks
Nomura  reports  reveal  that  Axis  bank  is  better  placed  than  ICICI  and  other
public sector bank in terms of corporate book profitability.
  Global financial services firm Nomura said that the third largest private
sector  bank  in  India-Axis  bank  is  better  placed  than  ICICI  and  other
PSU’s in terms of corporate book profitability
Axis Bank
  ESTD: 1990 (Initially as UTI Bank)
  Headquarter: Mumbai
  MD & CEO: Shikha Sharma
  ESTD: 1925
  Headquarter: Tokyo
  CEO: Koji Nagai
6. Freecharge Partners With Mexico-Based Movie Theatre Chain Cinepolis
To  provide  secure  and  easy  digital  payments,  Freecharge  has  partnered  with
Mexico based movie theatre chain Cinepolis.
  Cinepolis claims to be world’s fourth largest chain of movie theatre.
  Free Charge is the first digital wallet partner for Cinepolis
  ESTD: 2010 

  Headquarter: Mumbai
  Owner: Snapdeal
7. Thomas Cook India inks pact with Western Union, DCB Bank
Travel  Solutions  giant  Thomas  cook  India  has  signed  pact  with  Western  Union
Business Solutions and DCB bank to enable international trade payments by small
and medium sized enterprises.
  This  Pact  by  the  Thomas  cook  to  penetrate  the  high  growth  Indian  SME
sector for its international trade payment needs.
Thomas Cook:
  ESTD: 2007
  Headquarter: Peterborough 
  CEO: Peter Fankhauser
Western Union
  ESTD: 1851
  Headquarter: Meridian, US
  CEO: Hikmet Ersek
DCB Bank
  ESTD: 1930
  Headquarter: Mumbai
  MD & CEO: Murali Natarajan
8. 27 Government Banks May Be Merged Into Just 6
Finance Minister of India  Mr. Arun Jaitley has indicated that the Government may
merge 27 public sector banks into just six. 
  Because  PSB  is  working  under  pressure  to  tackle  their  dismal  bad  loan
scenario and consolidation is the way forward to handle this situation. This
has been said in the recently held Gyan Sangam in Gurgaon. 
9. Tata Housing ties up with SBI for Women's Day offer
Real estate developer Tata Housing has partnered with the country's largest lender,
State Bank of India, on the occasion of the International Women's Day. 

  Tata Housing will allow its women customers to pay only 20 per cent of the agreement value while the
balance can be paid on taking possession of the property, a company statement said here today.
  On its part, SBI will be offering home loans to its women customers at a special interest rate of 9.5 per
cent per annum under the SBI Her Ghar scheme as part of the International Women's Day, which will
be celebrated between March 8 and March 13, it said.
  Moreover, the SBI has waived processing fees on the home loan under the scheme, it added.
10. Investors' summit Begins in Gurgaon 
The first two-day 'Happening Haryana Global Investors Summit 2016' has kicked
off in Gurgaon, which has see participation from 12 countries.
  Besides several Union Ministers, a number of leading entrepreneurs and
MNCs have taken part.
  The  summit  comes  close  on  the  heels  of  the  Jat  quota  agitation  in
Haryana,  in  which  30  people  were  killed  and  property  worth  crores  of
rupees was destroyed.
  The  participating  countries  are  Czech-Republic,  Japan,  Mauritius,  New  Zealand,  China,  Korea,
Malawi, Peru, Poland, Spain, the United Kingdom and Tunisia.
  Finance Minister ArunJaitley is the chief guest at the inaugural session while Khattar has delivered the
keynote address.

11. American Actress Nancy Reagan died at 94
Nancy Davis Reagan, the veteran American actress and the former First lady of US
died at the age of 94 following a cardiac arrest.
  She was an American actress and the wife of the 40th President of the United

States, Ronald Reagan.