Current Affairs – March, 2019

FinTech Conclave 2019

NITI Aayog had organised a day-long FinTech Conclave 2019 in New Delhi. The objective of the conclave was to shape India’s continued ascendancy in FinTech, build the narrative for future strategy and policy efforts, and to deliberate steps for comprehensive financial inclusion. The conclave looked into various dimensions of the future of the FinTech, particularly Read More…

RBI for Setting up Regulatory Sandbox

The Reserve Bank of India (RBI) will be issuing guidelines within two months for the fintech companies to test their new products on a small group of users before scaling up. This regulatory sandbox will help fintech companies to launch innovative products at a lower cost and in less time and enable fintech companies to Read More…

Election Commission of India on Electoral Bonds

In an affidavit filed before the Supreme Court, the Election Commission of India has made the following observations: Electoral bonds, contrary to government claims, wreck transparency in political funding. Electoral bonds coupled with the removal of the cap on foreign funding invites foreign corporate powers to impact Indian politics. Electoral bonds would cause a “serious Read More…

World Theatre Day

World Theatre Day is observed annually on March 27 with an aim to generate awareness about the importance of theatre arts, how they played an important role in the field of entertainment and the changes that theatre brings in the life. Origin of World Theatre Day World Theatre Day was initiated by the International Theatre Read More…

Turing Award 2018

The Turing Award 2018 has been awarded for Geoffrey Hinton, Yann LeCun, and Yoshua Bengio who have kickstarted an AI revolution by studying the learning abilities of large artificial neural networks. The deep neural network uses layers of artificial neurons which mimics the structure of animal brains. Such AI is increasingly used in products that people Read More…