Saturday 28 March 2015

Today's Top Headlines 28-03-2015

Top Headlines 28-03-2015

1. Nobel Laureate John Nash won Abel Prize 2015 for work on partial differential equations
Nobel Laureate John F Nash Jr. won the Abel Prize 2015 for his work on partial differential equations. The prize was announced by the Norwegian Academy of Sciences and Letters. They will receive the Abel Prize from His Majesty King Harald at a ceremony in Oslo on 19 May 2015.
He will share the Prize with Louis Nirenberg, Professor Emeritus at New York University's Courant Institute of Mathematical Sciences. They both will share the prize money of 760000 US dollar.Nash and Nirenberg won the prize for striking and seminal contributions to the theory of nonlinear partial differential equations and its applications to geometric analysis. Partial differential equations are important in both pure math and describing natural phenomena.
John Nash is a senior research mathematician at Princeton University. He won the Nobel Prize for Economics in 1994 for his work in game theory as dramatized in the 2001 film A Beautiful Mind in which he was portrayed by actor Russell Crowe.

2. CNN IBN announced Indian of the Year Award 2014
i. CNN-IBN announced the Indian of the Year Award 2014 on 18 March 2015. The award recognises the remarkable achievements and contributions of Indians who worked tirelessly towards strengthening India’s foundation in 2014.
ii. The CNN-IBN Indian of the Year Award is presented annually to various Indians for their work in their respective fields. The awards are presented in various categories of Politics, Sports, Business, Entertainment, Public Service and Global Indian.
iii. List of the Winners of CNN-IBN Award 2014:

  • Narendra Modi - Indian of the Year 2014
  • Arun Jaitley - Indian of the Year 2014: Politics
  • Jitu Rai - Indian of the Year 2014: Sports
  • N Chandrasekaran - Indian of the Year 2014: Business
  • Chetan Bhagat - Indian of the Year 2014: Entertainment
  • Tongam Rina - Indian of the Year 2014: Public Service
  • Satya Nadella - Indian of the Year 2014: Global Indian
  • K Chandrasekhar Rao - Indian of the Year 2014: Popular Choice
  • P Vijayan - Indian of the Year 2014: Popular Choice
  • Kangana Ranaut - Indian of the Year 2014: Special Achievement
  • Pankaj Advani - Indian of the Year 2014: Special Achievement
  • Kailash Satyarthi - Indian of the Year 2014: Outstanding Achievement
  • Azim Premji - Indian of the Year 2014: Outstanding Achievement
  • The Indian Space Research Organization (ISRO) - Indian of the Year 2014: Lifetime Achievement
3. Saina Nehwal scales historic World No.1 ranking
Saina Nehwal created history today as she became the first Indian woman shuttler to attain the world No.1 ranking after her closest challenger for the spot, Spain’s Carolina Marin, lost in the India Open Super Series semi-final here.
Though the official rankings will be out only on Thursday next week, the 25—year—old Indian has been assured of her ascent to the top owing to Marin’s loss in the last-four stage.
The reigning world champion, who was seeded second, lost to third seed Thai Ratchanok Intanon 21—19 21—23 22—20.
Prakash Padukone had the distinction of being the No. 1 men’s badminton player but Saina became the first Indian woman to achieve this feat.
Saina plays Japan’s Yui Hashimoto in the second semi-final but the Indian ace will be No.1 irrespective of her result today.
The London Olympic bronze—medallist has won a staggering 14 international titles in her glorious career, and most recently she became the first Indian woman to make the finals of the prestigious All England Championships in Manchester.

4. ADB sanctioned 300 million US dollars under SCRIP for road construction in NBNE region
i. The abbreviation SCRIP (SASEC Road Connectivity Investment Program) was in news as a loan agreement of 300 million US dollars under the programme was signed between the Asian Development Bank (ADB) and the Union Ministry of Finance on 26 March 2015.
ii. Under this multi-tranche programme, about 500 km of roads will be constructed in the North Bengal-North East (NBNE) region. ADB is providing 500 million US dollars for the execution of the programme.
iii. SRCIP is a strategic initiative that aims to achieve regional integration among the members of the South Asia Sub regional Economic Cooperation (SASEC) group by improving road connectivity within the North Bengal-North Eastern Region in India. The members of this group are Bangladesh, Bhutan, India and Nepal.

5. Nobel Laureate John Nash won Abel Prize 2015 for work on partial differential equations
i. Nobel Laureate John F Nash Jr. won the Abel Prize 2015 for his work on partial differential equations. 
ii. The prize was announced on 25 March 2015 by the Norwegian Academy of Sciences and Letters. They will receive the Abel Prize from His Majesty King Harald at a ceremony in Oslo on 19 May 2015.
iii. He will share the Prize with Louis Nirenberg, Professor Emeritus at New York University's Courant Institute of Mathematical Sciences. They both will share the prize money of 760000 US dollar.
About the Abel Prize
  • The Abel Prize is an international prize presented annually by the King of Norway to one or more outstanding mathematicians. The prize was named after Norwegian mathematician Niels Henrik Abel.
  • The award was established in 2001 by the Government of Norway and complements the Holberg Prize in the humanities.
  • The Abel Prize has often been described as the mathematician's Nobel Prize, competing in that respect with the much older Fields Medal. It comes with a monetary award of 6 million Norwegian kroner (NOK).
6. Mizoram Governor Aziz Qureshi sacked
Mizoram Governor Aziz Qureshi, who has had a running feud with the Centre and even approached the Supreme Court against attempts to ease him out, was sacked on Saturday.
A brief statement issued by the Rashtrapati Bhavan said that “Qureshi shall cease to hold the office of the Governor of Mizoram.” Governor of West Bengal Keshari Nath Tripathi has been asked to discharge the functions of the Mizoram Governor, in addition to his own duties, until regular arrangements are made.
7. Book titled Food for All written by Uma Lele
i. The book will be published by Oxford University Press. The book surveys the food and agricultural development assistance delivered by five major international organizations since their establishment to gauges their relevance, effectiveness, and impacts in a dramatically changed world.
ii. The five organisations surveyed by the book are:  the World Bank Group, Food and Agriculture Organization, World Food Programme, International Fund for Agricultural Development and Consultative Group for International Agricultural Research.
iii. The book is the result of a meeting convened at the Bill and Melinda Gates Foundation in October 2010 to explore how to address the challenges and opportunities of the global food and agriculture system.

About the Author
  • Uma Lele is Ph.D from Cornell University and has four decades of experience in agricultural research, project design and implementation, policy analysis, and program evaluation.
  • She is a former senior adviser to the World Bank and has published notable works on agricultural and rural development.
8. Russia joins Asian infrastructure bank
Russia has decided to join the Asian Infrastructure Investment Bank (AIIB), the latest country to sign up as the application deadline draws close, Russian First Deputy Prime Minister Shuvalov said on Saturday.
He made the announcement at the 2015 annual conference of the Boao Forum for Asia in the coastal town of China’s southern island province of Hainan, Xinhua reported.
According to the Asia Development Bank (ADB) data, Asia’s infrastructure demand is expected to reach some $730 billion per year by 2020, but the supply of investment funds from the World Bank and the ADB falls far short of the demand.
Thus, the AIIB aims to strengthen economic and financial cooperation among countries in the region and pioneer economic development by focusing on providing funds for regional development, the Ministry said.

9. ISRO won Gandhi Peace Prize 2014
i. Indian Space Research Organisation (ISRO) on 27 March 2015 won Gandhi Peace Prize 2014. The award was selected by the jury under the chairmanship of the Prime Minister Narendra Modi.
ii. Besides Prime Minister, other members of the Jury that selected the ISRO for the award were Justice H L Dattu, Chief Justice of India; Mallikarjun Kharge, leader of the single largest Opposition Party in the Lok Sabha; LK Advani, Member of Parliament and Gopalkrishna Gandhi.
iii. The Indian space agency successfully launched Mars Orbiter Mission (MOM) and at a very cost effective price of 450 crore rupees.


About the Award
  • The Gandhi Peace Prize for social, economic and political transformation through non-violence was instituted in the year 1995 on the occasion of the 125th birth anniversary of Mahatma Gandhi.
  • It is given to individual or organisation for making social, economic and political transformation through non-violence means.
  • The award comprises an amount of one crore rupees and a citation.
10. PM Narendra Modi launches PRAGATI platform for redressal of grievances

i. Prime Minister Narendra Modi on 25 March 2015 launched Pro-Active Governance and Timely Implementation (PRAGATI) platform. 
ii. PRAGATI is a multi-purpose and multi-modal platform aimed at addressing grievances of common man. It also aims at simultaneously monitoring and reviewing important Union government programmes and projects as well as projects flagged by State Governments. 
iii. It is an innovative project in e-governance and good governance and accountability with real-time presence and information exchange among the key stakeholders. 

Key features of PRAGATI 
  • Designed in-house by the Prime Minister’s Office (PMO) team with the help of National Informatics Center (NIC). 
  • Uniquely bundles three latest technologies including Digital data management, geo-spatial technology and video-conferencing. 
  • Three-tier system that brings PMO, Union Government Secretaries, and Chief Secretaries of the States at one stage. 

iv. Thus, offers a unique combination in the direction of cooperative federalism. 
v. Prime Minister can directly discuss the issues with the concerned Central and State officials with full information and latest visuals of the ground level situation. 
vi. On a monthly basis, Prime Minister will interact with bureaucrats i.e. on fourth Wednesday of every month at 3.30 PM- called as PRAGATI Day. 
vii. Issues to be flagged before the PM will be picked up from the available database regarding Public Grievances, pending Projects and on-going Programmes. These issues will uploaded seven days prior to the PRAGATI day.

11. Scientist Murty Kambhampati chosen for U.S. presidential award
An Indian-American biology professor is among 15 scientists, who have been selected for a prestigious U.S. presidential award for excellence in the field of science, mathematics and engineering mentoring. Murty S Kambhampati, a professor of biology at Southern University at New Orleans will receive the award at a White House ceremony later this year.
12. Cyrus Vandrevala, Jasminder Singh bag Asian Business Award
Investor Cyrus Vandrevala and hotelier Jasminder Singh were the prominent winners at an Asian Business Awards ceremony in London. Mr. Vandrevala, formerly a resident of Mumbai and co-founder of investment company Intrepid Capital Partners (ICP), received the Global Investor of the Year Award at the ceremony on Friday night.
ICP recently announced a Rs.1,000-crore facility for the housing and infrastructure sectors in western India. The company promises to in due course raise the lending to Rs. 5,000 crore.
Earlier this month, the Hinduja brothers featured as the wealthiest Indians in the Global India Rich List.
Present at Friday’s function was British Home Minister Theresa May who was recently named by the British Prime Minister David Cameron as one of three potential successors to him, if and after he serves a second term in office.


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