Page-13 of Current Affairs - March, 2023

Additional Tier 1 Bonds and Credit Suisse’s Write-Down

March 23, 2023

The recent purchase of Credit Suisse, a Swiss bank, by its rival UBS, has left investors struggling to understand the deal. One outcome that is causing significant distress is the decision to write down around SFr16bn ($17bn) in Additional-Tier 1 ..

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Padma Awards for 2023

March 23, 2023

President Droupadi Murmu conferred the prestigious Padma Awards at a Civil Investiture Ceremony that was held at Rashtrapati Bhavan recently. The Padma Awards are one of the highest civilian awards of the country, and this year, 106 individuals were recognized ..

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IMF’s $3 Billion Bailout Programme for Sri Lanka

March 23, 2023

On March 20, the International Monetary Fund (IMF) cleared a $3 billion-Extended Fund Facility (EFF) for Sri Lanka, aimed at restoring macroeconomic stability, safeguarding financial stability, and unlocking the nation’s growth potential. Sri Lanka defaulted on its foreign debt in ..

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INS Sujata’s Visit to Mozambique

March 22, 2023

INS Sujata, a Sukanya class patrol vessel of the Indian Navy, based at the Southern Naval Command in Kochi, recently visited Port Maputo, Mozambique as a part of its Overseas Deployment from 19 to 21 March 2023. The purpose of ..

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Anti-Submarine Craft INS Androth

March 22, 2023

India recently launched the INS Androth, as part of an eight-ship series of Anti-Submarine Warfare Shallow Water Craft (ASW SWC). The ASW SWC was built by Garden Reach Shipbuilders and Engineers (GRSE) in Kolkata and is designed to conduct anti-submarine ..

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World Down Syndrome Day – Update (March, 2023)

March 22, 2023

Every year on March 21st, World Down Syndrome Day (WDSD) is observed to raise awareness about Down syndrome, advocate for the rights of people with Down syndrome, and promote their inclusion and well-being. This day is significant because it marks ..

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Sajibu Nongma Panba

March 22, 2023

Sajibu Nongma Panba is a lunar new year celebrated by the followers of Sanamahism in Manipur. This year, it falls on March 22.  In this article, we will discuss the origin and observance of this auspicious festival. The Origin of ..

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Chetri Chand – the Sindhi New Year

March 22, 2023

Chetri Chandra, also known as the Moon of Chaitra, is a festival celebrated by Sindhi Hindus to mark the beginning of the Lunar Hindu New Year. This year, it falls on 23 March 2023. In this article, we’ll take a ..

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