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News in Short

News in Short - 31-March-2021

Dr Sharankumar Limbale to receive Saraswati samman award

Date: 31 March 2021 Tags: Honours & Awards
  • Noted Marathi writer Sharankuma Limbale will receive Saraswati Samman 2020 for his book Sanatan.
  • He will get the award money of Rs 15 lakh, a citation and a plaque. Sanatan is an important social and historical document of dalit sstruggle.
  • Saraswati Samman, instituted by K K Birla Foundation in 1991, is recognised as the one of prestigious and highest literary awards in the country.

Lt. Governor makes hosting of national flag compulsory on government buildings in J&K

Date: 31 March 2021 Tags: Miscellaneous
  • Jammu and Kashmir Lieutenant Governor Manoj Sinha has directed the district officers of the Union Territory (UT) to ensure that the national flag is hoisted on all government buildings and establishments under their jurisdiction.
  • The decision was taken by the Lt Governor in a meeting with the Divisional Commissioners, District Magistrates, and Superintendents of Police of the UT.
  • The Deputy Commissioners and HoDs of Jammu Division have been asked to ensure strict compliance with the directions of the Lt Governor as per the provisions of Flag Code of India within 15 days.

Visa allows payment settlement using cryptocurrency

Date: 31 March 2021 Tags: Miscellaneous
  • Visa Inc. has said it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network.
  • The company has launched the pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year.
  • Bitcoin, the most popular crypto coin, jumped to a one-week high on the news, rising as much as 4.5% to $58,300 and heading back toward a record-high above $61,000 hit earlier this month.

China cuts taxes to boost semiconductor development

Date: 31 March 2021 Tags: Miscellaneous
  • China has announced tax breaks to spur growth of its semiconductor industry following U.S. sanctions that cuts off access to American processor chips for tech giant Huawei and some other companies.
  • Chipmakers can import machinery and raw materials tax-free through 2030. They did not say how large a subsidy to manufacturers that might represent.
  • Beijing has spent heavily over the past two decades to build up a Chinese chip industry, but its makers of smartphones and other technology still rely on the United States, Europe and Taiwan for their most advanced components.
  • Processor chips and other semiconductors are China’s biggest single import, totalling more than $300 billion a year.
  • Under the latest measure, machinery and raw materials that cannot be produced or whose performance cannot meet demand will be exempt from import tax.

Thisara Perera becomes first Sri Lankan player to hit six sixes in an over

Date: 31 March 2021 Tags: Sports
  • All-rounder Thisara Perera became the first Sri Lankan to hit six sixes in an over in any form of professional cricket during a domestic tournament near here.
  • He achieved the feat during his unbeaten 13-ball 52 while captaining Sri Lanka Army in a group match against Bloomfield Cricket and Athletic Club.
  • Perera is the ninth cricketer in the world to have achieved this feat in professional cricket, after Garfield Sobers, Ravi Shastri, Herschelle Gibbs, Yuvraj Singh, Ross Whiteley, Hazratullah Zazai, Leo Carter and recently Kieron Pollard.