- Pharma exports from Gujarat rise 11% in FY19
- In line with India’s strong performance in exports of pharmaceutical products, Gujarat has ended the fiscal 2018-19 with double digit growth in pharma exports. Gujarat, which accounts for 28% of the national exports, has witnessed a growth of nearly 11% in drugs exports in FY19, shows data provided by the Gujarat State Board of Indian Drug Manufacturers’ Association (IDMA).
- According to IDMA Gujarat State Board, after registering an export growth of meagre 2.9% in 2017-18, Indian pharma industry has bounced back with an estimated exports standing at US$ 19.15 billion (approximately Rs 1.33 lakh crore according to the current rate of dollar against rupee) in 2018-19. This shows an increase of 10.85% over US$ 17.26 billion (around Rs 1.20 lakh crore) in fiscal 2017-18.
- Being one of the top manufacturers and exporters in India, Gujarat accounts for minimum 28% of India’s pharma exports. Going by this share, the state’s pharma exports stood US$ 5.36 billion (Rs 37,321 crore) in 2018-19 as against US$ 4.83 billion (Rs 33,631 crore) in fiscal 2017-18.
- In FY19, Indian pharma firms have recorded a substantial jump in exports to Middle East, North America and Latin American countries to name a few. Drug formulations and biologicals account for 70% of the total pharma products exported from the country, while bulk drugs and drug intermediaries form 20% of the exports.
- Belgium retained top spot in the latest FIFA world football rankings
- Belgium continues to dominate
the charts with 1737 points.
- The top three positions are
unchanged with World Cup winner France in second spot
ahead of Brazil, in third.
- England rose above Croatia, to
4 this month.
- Indian football team gained two places to rise to 101 in the FIFA rankings.
- World Health Day: 7 April 2019
- The World Health Day is a global health awareness day celebrated every year on 7 April, under the sponsorship of the World Health Organization (WHO).
- This day dedicated to spreading awareness about equal healthcare facilities worldwide, the importance of health and wellness.
- Theme: ‘Universal Coverage: Everyone, Everywhere.’
- IIT-Madras tops HRD’s national ranking of institutes
- President Ram Nath Kovind released the national ranking of higher institutes by the Ministry of Human Resources Development in New Delhi.
- Indian Institute of Technology Madras topped the rankings while the Indian Institute of Science, Bangalore bagged the second rank followed by IIT Delhi.
- Delhi University’s Miranda House was ranked the best among colleges across the country.
- AIIMS has been ranked first among medical sciences institutes and National Law School, Bangalore has topped law colleges.
- NPCI reduced UPI transaction charges up to Rs 1,000 by 60%
- The National
Payments Corporation of India (NPCI), which runs the Unified Payments
Interface (UPI) network, has slashed usage fees for small
transactions to encourage banks and payment service providers (PSPs) to adopt
- Charges on
transactions up to Rs 1,000 have
been cut to 10 paise from 25 paise earlier, while keeping the charge for
transactions above Rs 1,000 unchanged at 50 paise.
- NPCI has reduced Incentive
payments to a flat 10 paise per transaction. Incentive
payments are charges banks or PSPs pay NPCI when they credit the user’s bank
account with cashbacks.
- Also Merchant transactions has reduced to flat 10 paise plus a 0.04% levy that will be split between the acquiring bank and the issuing bank. Merchant transactions up to Rs 1,000 earlier attracted at 25 paise fee, while those above Rs 1,000 were charged at 50 paise.
- Nagaland observed the 75th Anniversary of the Battle of Kohima
- Nagaland observed the 75th Anniversary of
of Kohima on 4th April 2019. The theme of the event is‘Remembrance,
Reconciliation, and Rebirth’. The dignitaries from the UK
and Japan sought reconciliation and forgiveness for the sufferings and pain
caused against each other at the Battle of Kohima, that was fought in three
stages during the Second World War in 1944.
of Kohima is considered as the turning point of the Japanese U Go
offensive, or Operation C missionlaunched in India in 1944
during the Second World War.
- The Battle of Kohima was fought in three stages from 3 April to 22 June 1944 around the town of Kohima in Nagaland in northeast India
- RBI issued norms for banks to set up currency chests
- The Reserve Bank of India came out with guidelines for banks to set up new currency chests, which include minimum area of 1,500 square feet for strong room.
- Besides, the new chests should have a processing capacity of 6.6 lakh pieces of banknotes per day.
- For those situated in the hilly/ inaccessible places, the capacity of 2.1 lakh pieces of banknotes per day.
- Earlier, a RBI appointed committee had recommended that the apex bank should encourage banks to open large currency chests with modern facilities and Chest Balance Limit (CBL) of at least Rs 1,000 crore.
- Around 5,000 Naga Konyak women dance set a Guinness World Record in Nagaland
- In an attempt to set a new Guinness World Records
in the category of ‘largest traditional Konyak dance
display,’ around 5,000 Konyak community women, all decked up in colourful
traditional attire, danced to the tune of a ceremonial song at Nagaland,
coinciding with the Aoleang festival.
- The theme of this year’s Aoleang, also called Mini Hornbill festival, was ‘Empowering women for cultural heritage.’
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