Introduction
Current Affairs is a type of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or ongoing at the time of broadcast. The article Current Affairs 28 February 2020 includes News summary on current events of International, National, Education, Banking, Sports, Awards and Obituary importance of 28 February 2020.
INT
US professor charged with hiding link to China amid efforts to halt unauthorised technology transfer
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Key Highlights- US authorities charged a professor at a university in Tennessee with fraud and false statements, saying he hid his link to a Chinese institution while taking funding from NASA.
- In the latest case related to US efforts to halt alleged unauthorized technology transfers to China, the Justice Department said Anming Hu hid his ties to Beijing University of Technology while he taught and did research at the University of Tennessee, Knoxville.
US ready for novel coronavirus threat despite new infections, says President Trump
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Key Highlights- President Donald Trump declared that a widespread U.S. outbreak of the new respiratory virus sweeping the globe isn’t inevitable even as top health authorities at his side warned Americans that more infections are coming.
- Shortly after Trump spoke, the government announced a worrisome development: Another person in the U.S. is infected — someone in California who doesn’t appear to have the usual risk factors of having traveled abroad or being exposed to another patient.
Nigeria Confirms Coronavirus Case, First In Sub-Saharan Africa
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Key Highlights- Nigeria announced the first confirmed case of the novel coronavirus in sub-Saharan Africa.
- The case is an Italian citizen who works in Nigeria and returned from Milan earlier this week, Health Minister Osagie Ehanire said in a statement on Twitter.
Chinese Scientist In US Sentenced For 2 Years For Technology Theft
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Key Highlights- A Chinese scientist was sentenced to two years in prison for stealing next-generation battery technology from the American petroleum company where he worked.
- Hongjin Tan, 36, a Chinese national and permanent legal resident of the United States, was arrested in December 2018 and pleaded guilty in November of last year to stealing trade secrets.
National
Government of India announced 1st Artificial intelligence summit: RAISE 2020- ‘Responsible AI for Social Empowerment 2020’
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Key Highlights- The Government of India announced 1st Artificial intelligence summit, RAISE 2020- ‘Responsible Artificial intelligence (AI) for Social Empowerment’, a ‘First-of-its kind’ summit organized by the Government of India along with Ministry of Electronics and Information Technology to be held between April 11 & 12 in New Delhi.
- The government launched AI-Startup Challenge & the event website. Prime Minister Narendra Modi to inaugurate the summit.
NTPC and CPCB signed MoU to set up air quality monitoring stations in 6 States & 3 UTs
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Key Highlights- State run power-giant NTPC (National Thermal Power Corporation Limited) signed an MoU (Memorandum of Understanding) with CPCB (Central Pollution Control Board) to provide financial support for installation & commissioning of Continuous Ambient Air Quality Monitoring Stations (CAAQMS).
- NTPC will provide financial support of Rs 80 crore for installation of 25 CAAQMS across 6 states and 3 Union Territories (UTs).
Cabinet approved three MoUs with Myanmar
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Key Highlights- The Union Cabinet approved 3 MoU (Memorandum of Understanding) for cooperation between India and Myanmar on combating timber trafficking, conservation of tigers & other wildlife, and in the fields of petroleum products and communications.
- Since Myanmar borders Mizoram and the MoU deals with the protection of animals as they do not move according to the borders.
India asks Pak to stop support to terrorists, pay attention to welfare of its own people
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Key Highlights- India asked Pakistan to stop its active support to terrorist groups and devote more attention to the well being of its own people, particularly the persecuted religious minorities in the "failed state".
- India's strong statement against Pakistan came at the ongoing 43rd session of the UN Human Rights Council in Geneva where Pakistan raked up the amended citizenship law and the Kashmir issue.
Education
NABARD Office Attendant Prelims Result Declared
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Key Highlights- The National Bank for Agriculture and Rural Development (NABARD) has announced the preliminary recruitment exam result for Office Attendant post.
- The result has been declared for the exam held on February 4. Candidates who have qualified the exam are eligible to appear for the main which is scheduled to be held on March 14.
NITI Aayog, NASSCOM jointly launch AI-based modules for schools
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Key Highlights- With an imperative to empower the youngest minds of the country with the latest technologies, an AI-based Module was launched for students in Indian schools here.
- The module was launched by NITI Aayog, Atal Innovation Mission (AIM) in collaboration with the National Association of Software and Services Companies (NASSCOM).
Banking
CRR-exempted loans: RBI says deduction only on incremental lending
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Key Highlights- Following some banks seeking clarity on the computation of CRR to be exempted for incremental lending to three specified retail loans, the Reserve Bank has said that the deduction is available only on the equivalent incremental credit to these segments.
- RBI announced that incremental loans towards automobile purchases, residential housing and loans to MSMEs will be set against the mandatory cash reserve ratio (CRR), which is parked with the RBI on a permanent basis and on which banks earn no interest.
Rupee falls 38 paise versus dollar in early trade
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Key Highlights- The Indian rupee slipped in the early trade on February 28, opening lower by 38 paise at 71.93 per dollar versus the previous day's close of 71.55.
- The rupee had ended February 27 at 71.55 against the dollar amid easing crude prices and weakening of the greenback overseas.
Sports
Ashleigh Barty Sets Up Qatar Open Semi-Final Clash With Petra Kvitova
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Key Highlights- World number one and Australian Open champion Ashleigh Barty set up a ninth career meeting with two-time Wimbledon winner Petra Kvitova at the Qatar Open.
- Barty saw off Spain's Garbine Muguruza 6-1, 6-7 (4/7), 6-2 in her quarter-final in windy and chilly conditions in Doha.
- "I felt like I started exceptionally well and I was able to get the ball kind of in my areas a lot more," said the Australian top seed.
Novak Djokovic Reaches Dubai Championships Semi-Finals
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Key Highlights- Novak Djokovic won his 16th match of an undefeated season, hammering Russia's Karen Khachanov 6-2, 6-2 for a place in the Dubai Championships semi-finals.
- The world number one, playing in the UAE for an 11th time, will face either third seed Gael Monfils or Richard Gasquet for a place in the final.
Europa League: Arsenal Knocked Out In Dying Seconds By Olympiacos
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Key Highlights- Youssef El-Arabi scored in the last minute of extra-time as Olympiacos knocked Arsenal out of the Europa League when four former European champions were eliminated.
- Ajax, Celtic, Benfica and Porto went out but Manchester United hardly broke sweat after Simon Deli of Brugge conceded a penalty and earned a red card in the 23rd minute at Old Trafford and won 5-0. Arsenal had won the first leg of the round of 32 tie 1-0 in Greece.
Awards
Sahitya Akademi’s Translation Prize 2019 awarded to English translation of ‘Kusumabale’
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Key Highlights- Sahitya Akademi’s Translation Prize for 2019 in the category of translation into English has been awarded to Kannada novel Kusumabale by Devanur Mahadeva, translated into English by Susan Daniel.
- Chandrashekar Kambar, President of Sahitya Akademi, announced a total of 23 awards in various Indian languages.
Appt
Axis Bank appoints Puneet Sharma as CFO
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Key Highlights- Axis Bank announced the appointment of Puneet Sharma as its Chief Financial Officer (CFO) with effect from March 6.
- Sharma will replace Jairam Sridharan, who has resigned as the Group Executive and Chief Financial Officer of the bank, with effect from the close of business hours on March 5, 2020.
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