Daily Current Affairs Update of 17 March 2015
1. Credit Rating Information Services of India Limited (CRISIL) announced to appoint Ashu Suyash as the Managing Director (MD) and Chief Executive Officer (CEO) of the company. Her appointment was confirmed by the Board of Directors of the Company. She will succeed Roopa Kudva and will take charge from June 2015.
2. Tainted Indian sports administrator Suresh Kalmadi has been made Life President of the Asian Athletics Association for his "work in the development of athletics in the continent" during his 13-year tenure as the head of organisation from 2000.
3. Senior IAS officer T.V. Somanathan was appointed as Joint Secretary in the Prime Minister's Office. Somanathan, a 1987 batch IAS officer of Tamil Nadu cadre, is working as Director, Joint Secretary level, in the World Bank in Washington since May 12, 2011.
4. Indian-American Renu Khator has been elected chair of the Board of Directors of the American Council on Education (ACE), the major coordinating body for US colleges and universities. Uttar Pradesh born Khator, University of Houston President and System Chancellor since 2008, became board chair during ACE's 97th Annual Meeting in Washington, DC.
5. India's Baljinder Singh bagged a bronze medal in the men's section of the 10th Asian 20km Race Walking Championships at Nomi City in Japan to qualify for the World Championships. The Punjab race walker clocked a modest time of 1 hour 22 minutes 58 seconds to finish third in the competition. He has a personal best of 1:22.12sec. The 28-year-old thus became only the second Indian to win a medal in the prestigious championships after Gurmeet Singh won a silver in 2012 besides two bronze medals in 2013 and 2014 editions.
6. Noted Gandhian and former Chancellor of Gujarat Vidyapith, Narayan Desai, passed away in a private hospital in Surat. 90 year old Desai was the son of Mahatma Gandhi's diarist Mahadev Desai.
7. India won the Hero women’s Hockey World League Round 2. In the final held at the Major Dhyan Chand National Stadium in New Delhi, India defeated Poland by 3-1 to claim the title. Malaysia was placed third in the tournament and was followed by Thailand, Russia, Kazakhstan, Ghana and Singapore.
8. The Reserve Bank of India (RBI) has eased the norms for payments made using NFC-based or contactless cards and said that transactions below Rs. 2,000 will not need a additional factor of authentication. The additional factor of authentication the RBI had earlier mandated was entering a PIN or an one-time password.
9. Hitachi India Limited and Siemens Limited signed a MoU with CII in the capital to form a consortium that would create pilots and replicate them throughout the country for setting up 100 smart cities. The MoU was signed on behalf of Hitachi by their MD, Mr. Ichiro Iino and MD, Siemens Ltd, Mr. Sunil Mathur and DG, CII Mr. Chandrajit Banerjee in the presence of DIPP Secretary Mr. Amitabh Kant.