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Important Current Affairs of 30th March

INTERNATIONAL:

New method to purify water used in oil refinement.

• Scientists, including one of Indian origin, have developed a process to remove nearly all traces of oil in produced water -- a byproduct from the oil refinery and extraction process. About 2.5 billion gallons of produced water is generated each day in the US.

• Handling that water is a major challenge in the oil refinery industry, particularly because it is deemed unusable for household and commercial use because of remaining contaminants. Researchers at Purdue University in the US have developed a process to remove nearly all traces of oil in produced water.

MOUS AND MEMORANDOM:

India & Bolivia Sign 8 MoUs In Various Fields Including Culture, Mining, Space.

• President Ram Nath Kovind conferred with the highest State honour of Bolivia, “Condor de Los Andes en el Grado de Gran Collar” during his visit to Bolivia. President of Bolivia Evo Morales awarded him the Honour at a function held in Santa Cruz.

• On the second day of President’s three-day visit to Bolivia, India and Bolivia signed eight MoUs in the fields of culture, Visa waiver arrangement for diplomats, exchange between diplomatic academies, mining, space, traditional medicine, establishment of Centre of Excellence in IT and Bi-Oceanic Railway project.

• India offered a 100 million US Dollar Line of Credit to Bolivia for financing development projects. Both countries also agreed on the need for reform of the UN Security Council to make it reflective of contemporary realities. President is in Bolivia on the 2nd leg of his 3 nation tour.

NATIONAL:

Adani Becomes 1st Indian Port Operator To Record 200 MMT Cargo Movement:

• Adani Ports and Special Economic Zone (APSEZ) that it has recorded cargo movement of more than 200 million metric tonnes (MMT) at nine ports along the east and west coasts, becoming the first Indian port operator to achieve the milestone. "Our projections were to reach this milestone by 2020 but we could achieve it ahead of schedule, courtesy the tech-driven operational efficiency and enhanced asset utilisation.

IIT Kharagpur, Wipro Partner For Research In 5G and AI.

• Wipro Limited (Bengaluru Based), a leading global information technology, consulting and business process services company and Indian Institute of Technology Kharagpur (IIT Kharagpur), signed an MoU to collaborate on high-impact, industry-focused applied research in the areas of 5G and AI. Research outcomes from this partnership will be leveraged by Wipro to develop solutions for its customers, across industry verticals.

ECI appoints Special Central Police Observer for Andhra Pradesh and Telangana.

• Election Commission of India has appointed Shree K K Sharma (IPS 1982 Retd DG Border Security Force) as the Central Police Observer for the States of Andhra Pradesh and Telangana.

Chief Electoral Officer of Assam Mukesh Sahu launched a new initiative called the Enajori in Guwahati

• Chief Electoral Officer of Assam Mukesh Sahu launched a new initiative called ‘the Enajori’ at Janata Bhawan, Dispur in Guwahati for persons with disabilities with an aim that ‘No Voter to be Left behind’. The initiative to make Lok Sabha Elections accessible to Persons with Disability (PwD) voters is a joint initiative of Assam CEO and Social Welfare Department.

Hyper local connectivity app Bhonga initiated in Mumbai.

• A hyper-local connectivity app called “Bhonga” developed by Mumbai-based Company Linkus Infratech, to connect users to their neighborhood people in the city even without an Internet connection. “Bhonga” is a Marathi word which means megaphone or loudspeaker.

• This app automatically provides the lists the user living within the radius of one kilometre. The app supports voice notes as well as photos. Anyone can open their phone and send a message that is delivered to other users in the neighborhood, wherever they are.

PFC has been named as the Indias second largest Govt-owned Financial Firm after SBI

• After acquiring a majority stake in REC Ltd (formerly Rural Electrification Corporation Limited), center backed Power Finance Corporation (PFC) become India’s second largest Govt-owned Financial Firm after State Bank of India (SBI), based on market capitalization. PFC has bought the 52.63% controlling stake in REC through Rs 14,500 crore deal with Union government.

• The REC’ shares were acquired at Rs139.50 per equity share price. 70% of the deal was financed through cash inflows and the balance through debt

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