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News Crackers- 6 March 2016

  • The State Bank of India has been given preliminary approval to open 100 per cent-owned branches in Myanmar.
  • Indian Railways is going set up Special Railway Establishment for Strategic Technology and Holistic Advancement (SRESHTA), a new entity that will be responsible for long-term research for improving the functioning of the Railways.
  • Coal India (CIL) has declared an interim dividend of Rs 27.40 per share and the total outgo will be Rs 20,830 crore, including dividend tax. The largest beneficiary will be the central government, which holds 79.64 per cent and will get a dividend of Rs 17,308 crore.
  • Indian men's and women's team scripted history by clinching the gold medals at the World Table Tennis Team Championship with superb victories over Luxemburg and Brazil respectively.
  • China is planning to land a probe on Mars in 2021 to coincide with the 100th anniversary of founding of the ruling-Communist Party of China and a decade after its first failed mission in 2011, after which India, US, Russia and EU stole the march.
  • The Patna Pirates were crowned champions of the Pro Kabaddi League Season 3 after they defeated defending champions and heavy favourites U Mumba.
  • Scientists have created an energy efficient model biological supercomputer that can process information very quickly and accurately using parallel networks in the same way that massive electronic computers do. 
  • Union Government announced that an expert panel will be set up shortly to devise a strategy for consolidation of public sector banks.



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