20 March Current Affairs
March 20, 2019
22 March Current Affairs
March 22, 2019
Show all

21 March Current Affairs

Worldwide Cost of Living 2019

In News:

The Economist Intelligence Unit has released the report of the Worldwide Cost of Living Survey 2019.

Details:

The Survey compares more than 400 individual prices across 160 products and services in cities around the world.

Key findings:

For the first time three cities share the title of the world’s most expensive city – Singapore, Hong Kong and Paris. Living costs in all three cities are 7% higher than in New York, the benchmark city.

In this year’s top 10, Singapore represents the only city that has maintained its ranking from the previous year. Singapore marks its sixth straight year at the top of the rankings.

Unsurprisingly, the cheapest cities to live in were largely made up of those experiencing well-documented political or economic disruption (or both in same cases).

Caracas, Venezuela’s capital was at the very bottom of the list this year, a position previously occupied by war-torn Syria in Damascus for obvious reasons.

Deteriorating economic conditions in Venezuela and hyperinflation are at the root of its downward-trending position down the list.

Source: The Hindu

International Air Transport Association

In News:

SpiceJet has announced its membership of global airlines’ grouping ‘International Air Transport Association’ (IATA). SpiceJet is the first Indian low-budget carrier to join the IATA.

Significance:

The membership will allow SpiceJet to explore and grow its collaborations with international member airlines of the IATA grouping through interlining and code shares.

It will also enable the low cost carrier in seamlessly expanding its network options for its passengers in future.

About IATA:

The International Air Transport Association (IATA) is the trade association for the world’s airlines, representing some 280 airlines or 83% of total air traffic. Formed in April 1945, it is the successor to the International Air Traffic Association, which was formed in 1919.

IATA supports airline activity and helps formulate industry policy and standards. It also provides consulting and training services in many areas crucial to aviation.

Headquarters: It is headquartered in Montreal, Quebec, Canada with Executive Offices in Geneva, Switzerland.

Source: The Hindu

World Happiness Report

In News:

The United Nations has released the World Happiness Report- 2019.

Key findings:

The list is topped by Finland for the second year in a row.

The US ranks at 19th place despite being one of the richest countries in the world.

India figures at 140th place, seven spots down from last year.

People in war-torn South Sudan are the most unhappy with their lives.

About World Happiness Report:

The World Happiness Report is a landmark survey of the state of global happiness that ranks 156 countries by how happy their citizens perceive themselves to be.

It is released by the Sustainable Development Solutions Network for the United Nations by the UN General Assembly.

It ranks the countries of the world on the basis of questions primarily from the Gallup World Poll.

How is it measured?

It is based on a questionnaire which measures 14 areas within its core questions: (1) business & economic, (2) citizen engagement, (3) communications & technology, (4) diversity (social issues), (5) education & families, (6) emotions (well-being), (7) environment & energy, (8) food & shelter, (9) government and politics, (10) law & order (safety), (11) health, (12) religion and ethics, (13) transportation, and (14) work. The results are then correlated with other factors, including GDP and social security.

Significance:

Happiness has come to be accepted as a goal of public policy. And this discourse has given a fillip to a new narrative where the interconnections between law, governance and happiness are being searched.

Experiences from several nations confirm that the countries with higher GDP and higher per capita income are not necessarily the happiest countries and there exists a link between the state of happiness and rule of law.

Source: The Hindu

Real Estate Investment Trust

In News:

The recent initial public offering (IPO) of India’s first Real Estate Investment Trust (Embassy REIT) was subscribed 2.5 times, with the share sale generating a demand of over Rs 5,300 crore.

Details:

REITs are similar to mutual funds. While mutual funds provide for an opportunity to invest in equity stocks, REITs allow one to invest in income-generating real estate assets.

They are collective investment vehicles that operate and manage property portfolios and give returns to investors. Securities and Exchange Board of India (Sebi) mandated that all REITS be listed on exchanges and make an initial public offer to raise money.

There are three types of REIT available: equity REITs which purchase, own and manage income-generating properties; mortgage REITs which lend money directly or indirectly to real estate owners; and hybrid REITs which are a combination of the first two.

How does an REIT work?

REITs raise funds from a large number of investors and directly invest that sum in income-generating real estate properties (which could be offices, residential apartments, shopping centres, hotels and warehouses). The trusts are listed in stock exchanges so that investors can buy units in the trust. REITs are structured as trusts. Thus, the assets of an REIT are held by an independent trustee on behalf of unit holders.

Why is it important?

The Indian real estate sector has been facing a liquidity crunch on account of unsold inventory and low demand. REITs can help cash-strapped developers to monetise their existing property.

In real estate sector, both rent and capital appreciation from property depend on the location, infrastructure and industrial development around that area. REITs juggle these risks through a diversified portfolio of properties.

REITs can reduce the risk related to your property investments as 80 per cent of the value of the REIT should be in completed and rent-generating assets. They are required to be run by professional managements with specified years of experience notified by SEBI.

Source: The Hindu

Pulsars

In News:

NASA has discovered a pulsar speeding through space.

Details:

This pulsar is dubbed PSR J0002+6216 (J0002 for short) and sports a radio-emitting tail pointing directly towards the expanding debris of a recent supernova explosion.

The Nasa found the pulsar hurtling through space at nearly four million kilometres an hour. The speed of the pulsar in the space is so fast that it could travel the distance between the Earth and the Moon in just six minutes.

The discovery:

Pulsar J0002 was discovered in 2017 by a citizen-science project called Einstein@Home, which uses time on the computers of volunteers to process Fermi gamma-ray data.

Where is it located?

Located about 6,500 light years away in the constellation Cassiopeia, J0002 spins 8.7 times a second, producing a pulse of gamma rays with each rotation. The pulsar lies about 53 light years from the centre of a supernova remnant called CTB 1.

Its rapid motion through interstellar gas results in shock waves that produce the tail of magnetic energy and accelerated particles detected at radio wavelengths using the Very Large Array (VLA).

What is a pulsar?

Pulsar is a celestial object that emits regular pulses of radio waves and other electromagnetic radiation at rates of up to one thousand pulses per second.

Pulsars are superdense, rapidly spinning neutron stars left behind when a massive star explodes.

Source: The Hindu

NASA’s OSIRIS-Rex

In News:

NASA’s OSIRIS-REx spacecraft has detected particle plumes ejecting off of the surface of asteroid Bennu. That makes Bennu an active asteroid that is regularly ejecting material into space, which is rare. This is the first time scientists have had close-up observations of particle plumes erupting from an asteroid’s surface.

Details:

The particles range from centimeters to 10s of centimeters, and some of them are slow-moving while others are quickly making their way through interstellar space. Some fall back onto the surface, while others go into orbit around it, like small satellites. The researchers don’t currently understand why this is happening, but it poses no risk to the spacecraft.

Other findings:

OSIRIS-REx’s instruments have confirmed that hydrated minerals, including magnetite, are abundant and widespread on the asteroid. The asteroid is full of valuable materials that may even contain clues about how life began. Bennu is essentially a leftover from the formation of our solar system billions of years ago, although some of the minerals inside it could be even older.

Significance:

OSIRIS-Rex is the first-ever US mission designed to visit an asteroid and return a sample of its dust back to Earth. The $800 million (roughly Rs. 5,600 crores) unmanned spaceship launched two years ago from Cape Canaveral, Florida and arrived December 3 at its destination, some 70 million miles (110 million kilometres) away.

What next?

The plan is for OSIRIS-REx to orbit Bennu, using a suite of five scientific instruments to map the asteroid in high resolution to help scientists decide precisely where to sample from.

Then, in 2020, it will reach out with its robotic arm and touch the asteroid in a maneuver Rich Kuhns, OSIRIS-REx program manager with Lockheed Martin Space Systems in Denver, described as a “gentle high-five.”

Using a circular device much like a car’s air filter, and a reverse vacuum to stir up and collect dust, the device aims to grab about two ounces (60 grams) of material from the asteroid’s surface, and return it to Earth in 2023.

About the mission:

OSIRIS-Rex stands for Origins, Spectral Interpretation, Resource Identification, Security-Regolith Explorer.

OSIRIS-REx is the third mission in NASA’s New Frontiers program, which previously sent the New Horizons spacecraft zooming by Pluto and the Juno spacecraft into orbit around Jupiter.

Why was Bennu chosen?

Bennu was selected for a the OSIRIS-REx mission from over 500,000 known asteroids, due to it fitting a number of key criteria. These include:

Proximity to Earth: In order for OSIRIS-REx to reach its destination in a reasonable timeframe, NASA needed to find an asteroid which had a similar orbit to Earth.

Size: Small asteroids, those less than 200m in diameter, typically spin much faster than larger asteroids, meaning the regolith material can be ejected into space. Bennu is around 500m in diameter, so rotates slowly enough to ensure that the regolith stays on its surface.

Composition: Bennu is a primitive asteroid, meaning it hasn’t significantly changed since the beginning of the Solar System (over 4 billion years ago). It is also very carbon-rich, meaning it may contain organic molecules, which could have been precursors to life on Earth.

Additionally, Bennu is of interest as it is a Potentially Hazardous Asteroid (PHA). Every 6 years, Bennu’s orbit brings it within 200,000 miles of the Earth, which means it has a high probability of impacting Earth in the late 22nd Century.

Source: The Hindu

Vernal Equinox

In News:

March 20, 2019, marks the spring equinox — the first official day of spring in the Northern Hemisphere. This day is unique in that the length of day and night are close to equal.

Details:

The Vernal Equinox is a solar term with great balance. At the equinox, earth’s two hemispheres are receiving the sun’s rays equally. On the day of the vernal equinox, night and day are often said to be equal in length.

The equinox is the moment in Earth’s orbit when the sun appears to cross the celestial equator. It means longer and warmer days as the northern hemisphere begins to tilt towards the sun.

How do people celebrate it?

The vernal equinox also is the Persian New Year, known as Nowruz. For more than 300 million people worldwide it’s the start of a monthlong celebration of new beginnings.

In Chichen Itza, Mexico, thousands gather at the Kulkulkan pyramid. In the late afternoon, the sun creates a shadow that looks like a snake sliding down the northern staircase.

Holi, a major festival in India that marks the start of spring, also begins on March 20 this year.

Source: The Hindu

Nowruz

In News:

Nowruz, also spelled as Navroz, is the Iranian New Year celebrated by ethnic Iranian people. Several ethno-linguistic communities around the world irrespective of their religious background observe it as the start of the New Year. In India, the Parsi community, who follow Zoroastrianism, celebrate Navroz with full fervour.

Details:

Navroz is the beginning of the New Year for several communities. It dates back as far as the 6th Century BC, back when the Iranian community were homogeneously Zoroastrians. Once the community divided over the course of history, people of Iranian origin worldwide continued following Zoroastrian traditions and with that the Iranian New Year as well.

What is the significance of Navroz?

Apart from the difference of one or two days, the Iranian community celebrates Navroz on March 21. March 21 is the first day of the Iranian calendar. It is also marked as the day King Jamshid was crowned as the King of Persia. King Jamshid holds a great significance in Zoroastrianism and the day of his coronation is generally considered to be the beginning of the New Year among Iranian people. It is interestingly the first day of the Aries constellation. Navroz is also the day of the Spring equinox and the rituals are performed based on the movements of the sun during the course of the day.

How is it celebrated in India?

In India, the Parsi community celebrate the Iranian New Year in a similar fashion as is around the world. A visit to the Fire Temple, the place of worship of the Parsi community, is a ritual followed on Navroz every morning. In India, prominent numbers of the Parsi community still remain in Mumbai and Gujarat, who celebrate Navroz with ardour.

Source: The Hindu

Kazakhstan renames capital Astana after ex-president

Kazakhstan has renamed its capital Astana to Nursultan to honour outgoing leader Nursultan Nazarbayev.

Mr Nazarbayev served nearly 30 years as leader of the oil-rich nation.

70 Comments

  1. can g says:

    Hi my loved one! I wish to say that this post is amazing, nice
    written and include approximately all vital infos. I would like to see extra posts
    like this .

  2. I’m not sure exactly why but this blog is loading extremely slow for
    me. Is anyone else having this problem or is it a problem on my end?
    I’ll check back later and see if the problem still exists.

  3. Very rapidly this web page will be famous amid
    all blogging and site-building visitors, due to it’s nice content

  4. tinyurl.com says:

    Howdy just wanted to give you a quick heads up and let you know
    a few of the images aren’t loading properly. I’m not sure why but I think its a linking issue.
    I’ve tried it in two different browsers and both show the
    same results.

  5. I simply want to tell you that I am newbie to weblog and definitely enjoyed this blog site. Most likely I’m going to bookmark your blog post . You surely have awesome articles. Thanks a lot for sharing your web page.

  6. Not often do I encounter a weblog that is both educated and entertaining, and let me tell you, you may have hit the nail on the head. Your concept is excellent; the issue is something that not sufficient individuals are speaking intelligently about. I am very happy that I stumbled across this in my quest for something relating to this.

  7. Your place is valueble for me. Many thanks !?

  8. Do you mind if I quote a few of your posts as long as I provide credit and sources back to your webpage? My website is in the exact same area of interest as yours and my users would really benefit from a lot of the information you provide here. Please let me know if this ok with you. Thanks a lot!

  9. Hello there! Do you use Twitter? I’d like to follow you if that would be ok. I’m absolutely enjoying your blog and look forward to new posts.

  10. After study a few of the websites in your internet site now, and I really like your way of blogging. I bookmarked it to my bookmark website list and will also be checking back soon. Pls look at my web site at the same time and let me know how you feel.

  11. Youre so great! I do not mean Ive review anything such as this prior to. So good to locate somebody with some initial ideas on this subject. realy thank you for starting this up. this web site is something that is required on the internet, somebody with a little creativity. useful work for bringing something new to the internet!

  12. I simply wanted to thank you very much all over again. I am not sure the things I might have accomplished without those aspects shown by you on such problem. It had been a real distressing condition in my view, nevertheless taking note of a specialized way you resolved the issue forced me to jump with happiness. I’m just happy for this assistance as well as hope you really know what a powerful job that you are carrying out instructing most people thru a blog. I’m certain you have never come across all of us.

  13. This truly answered my trouble, thank you!

  14. Hi to all, how is the whole thing, I think every one is getting more from this site, and your views are pleasant for new visitors.

  15. There are certainly a lot of information like that to take into account. That is a wonderful point to raise. I supply the ideas above as general ideas however plainly there are questions like the one you raise where the most essential point will certainly be operating in sincere good faith. I don?t know if best practices have actually arised around things like that, however I make sure that your task is plainly determined as a fair game. Both children and also girls feel the effect of simply a moment?s satisfaction, for the rest of their lives.

  16. Full Article says:

    After research a few of the blog posts on your website now, as well as I truly like your method of blogging. I bookmarked it to my book marking web site checklist and also will certainly be inspecting back quickly. Pls take a look at my internet site also and also let me know what you believe.

  17. Youre so cool! I don’t intend Ive review anything such as this before. So wonderful to discover someone with some initial ideas on this subject. realy thanks for beginning this up. this web site is something that is needed online, someone with a little originality. helpful task for bringing something new to the web!

  18. After research study a few of the article on your website currently, and I really like your way of blog writing. I bookmarked it to my book mark website listing as well as will certainly be checking back soon. Pls have a look at my web site too and let me recognize what you think.

  19. This internet site is really a walk-through for all of the information you desired regarding this as well as didn?t recognize that to ask. Look below, and also you?ll definitely discover it.

  20. There is visibly a bundle to find out about this. I think you ensured nice points in functions likewise.

  21. A motivating discussion is definitely worth comment.
    I believe that you need to write more on this issue, it
    may not be a taboo matter but typically folks don’t speak about these subjects.
    To the next! Kind regards!!

  22. I was extremely delighted to locate this web-site. I intended to many thanks for your time for this fantastic read!! I most definitely appreciating every little bit of it as well as I have you bookmarked to check out brand-new stuff you blog post.

  23. What a stuff of un-ambiguity and preserveness of
    valuable experience about unpredicted emotions.

  24. An outstanding share, I just provided this onto a colleague who was doing a little analysis on this. And also he actually purchased me breakfast since I found it for him. smile. So let me rephrase that: Thnx for the reward! But yeah Thnkx for investing the time to discuss this, I really feel highly concerning it as well as love reading more on this topic. Preferably, as you come to be proficiency, would you mind updating your blog site with more information? It is highly useful for me. Large thumb up for this post!

  25. Can I just say what an alleviation to locate somebody who in fact recognizes what theyre speaking about online. You absolutely understand how to bring a concern to light as well as make it crucial. More individuals require to read this and understand this side of the story. I cant believe youre not much more preferred since you definitely have the gift.

  26. 안전토토 says:

    Love watching movies !

  27. 안전토토 says:

    Best you can see in the morning !

  28. Best view in the town !

  29. If you are going for most excellent contents like I
    do, simply pay a quick visit this web page all the time since it
    provides quality contents, thanks

  30. Best view in the town !

  31. you have an excellent blog site here! would certainly you like to make some invite blog posts on my blog site?

  32. 안전토토 says:

    Best view in the town !

  33. Best view in the town !

  34. Love watching movies !

  35. Great post. I find out something a lot more difficult on various blogs day-to-day. It will certainly always be stimulating to check out content from other authors and practice a little something from their shop. I?d like to use some with the material on my blog whether you don?t mind. Natually I?ll give you a web link on your internet blog site. Thanks for sharing.

  36. lowest price says:

    I am typically to blog writing and also i actually appreciate your material. The write-up has actually peaks my interest. I am mosting likely to bookmark your site as well as keep checking for new info.

  37. Thank you for sharing your info. I really appreciate your efforts and I am waiting for
    your next post thanks once again.

  38. Hi there would you mind stating which blog platform you’re using? I’m going to start my own blog in the near future but I’m having a hard time deciding between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your layout seems different then most blogs and I’m looking for something completely unique. P.S Sorry for getting off-topic but I had to ask!

  39. Hi there! I realize this is somewhat off-topic but I had to ask. Does building a well-established website like yours require a massive amount work? I’m brand new to running a blog however I do write in my diary daily. I’d like to start a blog so I can share my personal experience and views online. Please let me know if you have any recommendations or tips for new aspiring bloggers. Thankyou!

  40. Hey there! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me. Nonetheless, I’m definitely happy I found it and I’ll be book-marking and checking back frequently!

  41. A remarkable share, I just provided this onto a coworker that was doing a little analysis on this. As well as he as a matter of fact acquired me morning meal since I located it for him. smile. So let me rephrase that: Thnx for the reward! However yeah Thnkx for investing the moment to review this, I really feel highly concerning it and love finding out more on this subject. If possible, as you come to be experience, would you mind updating your blog with more information? It is very useful for me. Large thumb up for this article!

  42. There is visibly a package to know about this. I presume you made sure nice factors in features likewise.

  43. I am typically to blogging and also i really appreciate your material. The article has truly peaks my passion. I am mosting likely to bookmark your website as well as keep checking for brand-new info.

  44. There are definitely a great deal of information like that to take into account. That is an excellent point to raise. I provide the thoughts above as basic motivation but plainly there are questions like the one you bring up where the most vital point will be working in straightforward good faith. I don?t understand if finest methods have actually emerged around points like that, yet I am sure that your work is clearly determined as a level playing field. Both young boys as well as women really feel the effect of just a moment?s satisfaction, for the remainder of their lives.

  45. Wow, incredible weblog structure! How lengthy have you been blogging for?
    you made running a blog look easy. The whole look of your web site is excellent, as well as the content material!

  46. I always used to study piece of writing in news papers but now as I am a user of net thus
    from now I am using net for content, thanks to web.

  47. Google says:

    Your style is very unique in comparison to other folks I have read stuff from. Thank you for posting when you’ve got the opportunity, Guess I will just book mark this site.

  48. There are some interesting points in this write-up yet I don?t understand if I see all of them center to heart. There is some validity however I will certainly take hold opinion till I check out it better. Good article, thanks and we desire much more! Added to FeedBurner as well

  49. Football may look easy when watching it on television, but that’s far from the truth.

  50. Vegus says:

    Get used to playing off of your weaker foot.

  51. I was suggested this blog by my cousin. I’m not sure whether this post
    is written by him as no one else know such detailed about my difficulty.
    You are incredible! Thanks! 3gqLYTc cheap flights

  52. My brother suggested I might like this blog. He was totally right.
    This post truly made my day. You can not imagine just how much time I
    had spent for this information! Thanks!

  53. Readers will want to hear what you have to say about the topic because you will be knowledgeable and passionate.

  54. black mass says:

    Way cool! Some extremely valid points! I appreciate you writing this
    article plus the rest of the site is extremely good.

  55. This will give you an idea of how others are blogging successfully, and may give you ideas on how to improve your own blog.

  56. If you are just starting out, choose cleats made from synthetic materials or plastics.

  57. Joker says:

    You could also hold charity football games to raise money for local organizations as well.

  58. black mass says:

    Good day very nice blog!! Man .. Beautiful .. Amazing ..
    I’ll bookmark your web site and take the feeds additionally?
    I am satisfied to search out so many useful information here within the submit,
    we’d like work out extra strategies on this regard, thank you for sharing.
    . . . . .

  59. As this article has shown you, there are numerous strategies that come with playing the game of soccer.

  60. Carefully warm up when practicing when playing or going to the gym.

  61. But, not many people have experienced that excitement due to the fact that they lack the skills necessary to do so.

  62. Olympic lifts give you a lot of functional strength which will help you a lot in any position you play.

  63. Hi there! This is kind of off topic but I need some guidance from an established blog.
    Is it tough to set up your own blog? I’m not very techincal
    but I can figure things out pretty fast. I’m thinking about setting up my own but
    I’m not sure where to begin. Do you have any points or suggestions?
    Thanks

  64. To maximize your athletic potential, you need to be flexible and have a wide range of motion.

  65. Even if you do not play in every game, study the playbook daily.

  66. As you work out, build your flexibility and you will become faster as a result.

  67. Vegus168 says:

    By going over these plays regularly, you’ll be able to figure out what works during game play and that’s going to help you to win.

  68. แนะนำ สล็อตออนไลน์ SlotXo

  69. ggbkcrics says:

    buy viagra no prescription [url=http://45menvia.com/]buy brand viagra[/url] viagra samples generic viagra review buy viagra canada

Leave a Reply

Your email address will not be published.