Current Affairs from The Hindu DATE:13-03-15 S.NO. NEWS ITEM SYLLUBUS 1. Modi for forming a) I.R a strong grouping around Indian Ocean (Page 14) 2. PM likely to raise a) I.R China, devolution in parleys (Page 14) 3. 4. 5. 6. 7. 8. China banks on a) innovation and start-ups (Page 16) Insurance Bill a) passed with Cong. Support (Pages 1 b) and 14) Retail inflation a) edges up (Page 17) Rhino numbers a) rise in West Bengal (Page 22) b) Rocky grains stir a) theories of life on Saturn moon b) (Page 13) Astronauts back a) on Earth from ISS (Page 22) b) ESSENCE OF THE ARTICLE a) PM Modi made a serious appeal for peaceful resolution of maritime issues and respect for international maritime rules and called for forming a strong grouping around the Indian Ocean. a) In his visit to Sri Lanka, PM Modi is likely to take up the growing influence of China in the island, matters relating to devolution of powers to the countrys war-torn North and East and the fisheries conflict. International a) China is banking on private initiative, innovation and start-ups to regain its economy, which will have to provide for a larger social security bill in the future. National Polity a) The Congress extended its support to pass the long pending Insurance Laws (Amendment) Bill 2015 in the Rajya Sabha. Economy a) Consumer Price Inflation moved up to 5.37 percent in February from 5.11 percent in January. National a) A State Forest Department survey said that West Bengal is now home to the second highest population of the one horned rhinoceros in the country after Assam. a) Scientists said that grains of rock emitted into deep space suggest a small moon of Saturn has hydrothermal holes, boosting theories that it may harbor microbial life. Geography S&T Geography S&T Geography a) Two Russian cosmonauts and an American astronaut returned to Earth aboard a Soyuz space capsule after spending six months at the International Space Station. 1 Current Affairs from The Hindu DATE:13-03-15 S.NO. NEWS ITEM SYLLUBUS 1. Modi for forming a) I.R a strong grouping around Indian Ocean (Page 14) BACKGROUND a) India – Mauritius relations IMPORTANT POINTS a) In Mauritius, PM Modi commissioned the Indian-built coastal patrol vessel for the host b) Cooperation among nation in the presence of its PM Indian Ocean countries and touched upon the need for cooperation among Indian Ocean countries. c) Indian Ocean Regional Association b) He said we will follow this (IORA) with new effort in the years d) Security and Growth ahead, adding there could be no better place to host the IORA for All in the Region than Mauritius. (SAGAR) e) South China Sea c) He said those who lived in the region had the primary responsibility for peace, stability and prosperity in the Indian Ocean. d) As China tries to gain a foothold in the Indian Ocean region, he said India recognised that there were other nations with strong interests and stakes in the region. e) He said we seek a future for Indian Ocean that lives up to the name of SAGAR. 2. PM likely to raise a) China, devolution in parleys (Page 14) I.R a) India – Sri Lanka relations f) He made a serious appeal for peaceful resolution of maritime issues and respect for international maritime rules in comments that have come against the backdrop of China seeking to apply influence in the disputed waters of the South China Sea. a) Both Colombo and New Delhi have indicated the importance they place on the PM Modis visit that sought to 2 Current Affairs from The Hindu DATE:13-03-15 b) Fisheries issue c) Devolution of powers d) 13th Amendment e) IRCON upgrade Indo-Lanka relations, which soured during former President Rajapaksas term. b) Sources said that PM Modi is likely to take up the growing influence of China in the island, matters relating to devolution of powers to the countrys war-torn North and East and the fisheries conflict that has proved a major strain on Indo-Lanka ties the past few years. c) Among the agreements to be signed during his visit are MoU relating to customs cooperation, youth development, visa exemptions for diplomatic passport holders and the construction of an auditorium named after Rabindranath Tagore in the southern Sinhala-majority Matara district. 3. China banks on innovation and start-ups (Page 16) a) International a) Chinas economic growth d) In the Tamil-majority Northern Province, he will lay the foundation stone for a Jaffna-based cultural centre being built with Indian assistance, in addition to flagging off the final leg of the islands restored railway line in the north, built by IRCON. a) China is banking on private initiative, innovation and start-ups to regain its slowing economy, which will have to provide for a larger social security bill in the future, 3 Current Affairs from The Hindu DATE:13-03-15 as early signs of an aging population in the country begin to show. b) PM Li said that twin engines of popular entrepreneurship and mass innovation (alongside increased supplies of public goods and services) should drive the economy of the future. 4. Insurance Bill a) passed with Cong. Support b) (Pages 1 and 14) National a) Insurance Laws (Amendment) Bill 2015 Polity b) FDI c) Lok Sabha d) Rajya Sabha c) The State Council has subsequently announced that China will pilot online crowd funding, which would be equity-based. Besides, banking and financial institutions would be encouraged to provide loans in order to support small businesses. a) In a major relief to the NDA govt, the Congress extended its support to pass the long- pending Insurance Laws (Amendment) Bill 2015 in the Rajya Sabha even as a number of Opposition parties staged a walkout. b) The Bill (which replaced an ordinance enacted in Dec 2013) was passed by a voice vote after a walkout by the Trinamool Congress, the DMK, the Janata Dal (United), the SP and the BSP. c) The BJPs ally (Shiva Sena) did not oppose the bill but did register reservations that it had over certain provisions that allow an increase in the FDI cap from 26 to 49 percent. 4 Current Affairs from The Hindu DATE:13-03-15 5. Retail inflation edges up (Page 17) a) Economy a) Retail inflation b) Food inflation c) Inflation d) The passage of the Bill is being considered a key reform likely to help the govts efforts to strengthen the investment sentiment and business confidence in the country. a) Rising for the third straight month, consumer price inflation moved up to 5.37 percent in February from 5.11 percent in January. b) Food inflation rose 6.8 percent during February with relatively higher rates of rise in prices of fruits, vegetables, spices, pulses, meat and fish and pre-packed food products. c) In a recent agreement, the Centre and the RBI agreed to a 6 percent inflation level target for Jan 2016. 6. Rhino numbers a) rise in West Bengal (Page 22) b) National Geography d) While a higher number was expected (especially on the food side), the unseasonal rains in February-March need to be evaluated in terms of impact on prices in the coming months a) Rhinoceros a) West Bengal is now home to the second highest b) Jaldapara National population of the one-horned rhinoceros in the country after Park Assam, with the number c) Gorumara National growing to 250 in the State. Park b) A State Forest Department d) Kaziranga National survey in Jan has revealed that the Jaldapara National Park in Park the State has nearly 200 of these endangered animals and Gorumara National Park has 50. c) Jaldapara now has the 5 Current Affairs from The Hindu DATE:13-03-15 7. Rocky grains stir a) theories of life on Saturn moon b) (Page 13) S&T a) Enceladus (Saturns moon) Geography b) Enceladus sea c) Lake Superior d) Tidal heating e) Solar system f) Cassini second highest population of them after the Kaziranga National Park in Assam, which has over 2000. a) Scientist said that grains of rock emitted into deep space suggest a small moon of Saturn has hydrothermal holes, boosting theories that it may harbour microbial life. b) Astrophysicists in the US offered a solution to a decadeold mystery over dust streaming from Saturns rings. c) They suggested that the grains are emitted from a mineral-rich pleasant sea under the planets ice-crusted moon Enceladus. d) It is the first indication of ongoing hydrothermal activity beyond Earth, a possible clue to the existence of warm, waterrich conditions conducive to life beyond our planet. e) It is very exciting that we can use these tiny grains of rock to tell us about conditions on and under the ocean floor of an icy moon. f) Enceladus looks like a ball of ice (500 kms in diameter) its mostly smooth exterior marked by a few shallow, wavy ridges and small pockmarks from space impacts. g) At its south pole, Enceladus emitted fountains of ice crystals from what is 6 Current Affairs from The Hindu DATE:13-03-15 thought to be a sub-surface ocean about 10 km deep - about the size of Lake Superior, the second largest freshwater body on Earth. h) One theory is that the water can exist in liquid form, despite the deep chill of the outer Solar System, thanks to a phenomenon called tidal heating. The guts of Enceladus are compressed and released by the gravitational pull of Saturn, causing friction and thus warmth. i) The unmanned US probe Cassini found nano-sized grains streaming out of Saturs socalled E ring, which is believed to comprise Enceladus crystals. 8. Astronauts back a) on Earth from ISS (Page 22) b) S&T Geography j) Based on measurements from Cassinis onboard instruments of the grains chemical signature, the team concluded they were likely grains of silica (the mineral found on Earth in quartz and sand) from the Enceladus sea. a) Soyuz space capsule a) Two Russian cosmonauts and an American astronaut b) International Space returned to Earth aboard a Soyuz space capsule after Station (ISS) spending six months at the ISS. b) They will stay at the research outpost for an entire year, collecting valuable biomedical data that will inform future deep space, longduration missions. 7