Daily current affairs 11th March

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Sidimania

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March 11, 2022

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# Assembly elections results

  • The BJP retained power in four of the five states that went to the polls.
  • AAP snatched Punjab from the rule of the Congress.
  • AAP is claiming, it is the natural and national alternative to the Bhartiya janta party.
  • Chief minister said it is the victory of nationalism and good governance.
  • The AAP will have two chief Ministers after Thursday’s results which is as many as what the congress has.

# Tea prices

  • Tea auctions by the Tea Trade associations of Cochin (TTAC) are struggling to find takers due to the subdued export demand to Russia.
  • Other Commonwealth of independent states (CIS) nations are also showing low demand against the backdrop of the Russia – Ukraine war.
  • The efforts to auction tea in all categories – CTC or Orthodox (both leaf and dust) have met with lukewarm response with practically no takers for nearly half of the tea on offer at Kochi auctions.

# Colombo security conclave

  • National security advisor Ajit Doval has called for close operations among India’s maritime neighbours to combat shared security challenges.
  • Also, Colombo security conclave expanded its membership and scope.
  • Last year, India, srilanka and the Maldives revived a trilateral initiative on Indian Ocean maritime security.

# Sugar exports

  • Indian sugar mills signed contracts to export 550000 tonnes of the sugar in recent days.
  • The surging global prices and a weak rupee made overseas sales lucrative.
  • Higher exports from the world ‘s second bigger sugar producer could check the rally in global prices.

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