Current Affairs 5 June 2022

Dear aspirants, to crack any type of competitive examination current affairs plays a significant role and for that we are providing daily important news that are most important for your examination. So we are here for you to provide the important Recent and Latest Current Affairs 5 June 2022.

Current Affairs 5 June 2022 includes all newspapers such as The Hindu, The Economic Times, Business Standard, Times of India, PTI, Indian Express, and all Government official websites.

 News Headlines 

1. IRDAI eases capital requirement for insurers to offer PMJJBY schemes
2. Stashfin introduces a credit line card for women
3. Tata Projects wins bid to build Jewar Airport, beats SP Group and L&T
4. Kashmiri RJ receives UNICEF award for work during COVID-19 pandemic
5. PepsiCo to invest Rs 186cr on expanding its largest food plant in India
6. CCEA clears sale of govt’s 29.5% stake in Hindustan Zinc valued at ₹38,000 crore
7. Punjab govt launches DSR portal to facilitate farmers
8. Xiaomi names new head for India unit
9. Renowned Santoor maestro Pandit Bhajan Sopori passes away
10. Freedom fighter Anjalai Ponnusamy dies aged 102
11. Delhi govt to name colonies & streets after Babasaheb Ambedkar
12. Cabinet allows procurement by cooperatives through GeM portal
13. Russia tests its latest hypersonic Zircon missile
14. President Ram Nath Kovind confers one Kirti Chakra and 14 Shaurya Chakras in New Delhi
15. US Frontier Supercomputer Named Fastest in the World
16. Meghalaya Wins Best Project Award at UN World Summit

 News Details 

1. IRDAI eases capital requirement for insurers to offer PMJJBY schemes

• In order to facilitate more participation of insurers under PMJJBY, Insurance Regulatory and Development Authority of India (IRDAI) has reduced the capital required to be held by insurers offering PMJJBY, by almost 50 per cent.

2. Stashfin introduces a credit line card for women

• Neobanking platform Stashfin introduce #LiveBoundless – a credit line card especially for women.
• The card offers dedicated cashback rewards, welcome credits, Free ATM Withdrawals and deals.
• Additionally, a host of other value-added services include 1% cashback on every spend to benefits worth Rs. 5,000 in the first year, and a free credit period for select customers.

3. Tata Projects wins bid to build Jewar Airport, beats SP Group and L&T

• Tata Projects will build the national capital region’s new airport at Jewar, after outbidding the Shapoorji Pallonji Group and Larsen & Toubro for the contract.
• The new airport is expected to be functional by 2024.
• Natarajan Chandrasekaran is the Chairman of the Board at Tata Sons.

4. Kashmiri RJ receives UNICEF award for work during COVID-19 pandemic

• Radio Jockey (RJ) Umar Nisar, who hails from south Kashmir, has been awarded the ’01 Best Content Award’ and the Immunization Champion award by UNICEF at the annual Radio 4 Child 2022 Awards in Mumbai.
• RJ Umar is the only RJ from Jammu and Kashmir to be selected for this award.

5. PepsiCo to invest Rs 186cr on expanding its largest food plant in India

• PepsiCo India plans to expand its largest greenfield food manufacturing plant in Kosi Kalan, Mathura, Uttar Pradesh.
• The unit produces Lays potato chips.
• The plan entails a cost of Rs. 186 crore, taking the overall investment by the firm in UP to Rs 1,022 crore.
• Chairman and CEO, PepsiCo: Ramon L. Laguarta.

6. CCEA clears sale of govt’s 29.5% stake in Hindustan Zinc valued at ₹38,000 crore

• The development would give a push to the government’s disinvestment drive in the current financial year.
• The Centre has budgeted ₹65,000 crore from PSU disinvestment and strategic sale.

7. Punjab govt launches DSR portal to facilitate farmers

• Punjab chief minister Bhagwant Mann recently launched a portal to facilitate paddy farmers opting for the direct seeding of rice (DSR).
• The initiative will be instrumental in compiling data about each farmer who has opted for this water-saving technology besides ensuring payment of ₹1,500 per acre after verification of genuine beneficiaries.

8. Xiaomi names new head for India unit

• The Indian unit of Chinese smartphone maker Xiaomi Corp said it has appointed founding member Alvin Tse as its general manager.
• Also, Anuj Sharma will rejoin the company as the chief marketing officer.

9. Renowned Santoor maestro Pandit Bhajan Sopori passes away

• Renowned Santoor maestro Pandit Bhajan Sopori passed away today in Gurugram.
• He was 74. He was suffering from colon cancer.
• He was former Director of Music at All India Radio and looked after Hindustani Classical Music.
• Along with Pandit Shiv Kumar Sharma, he is credited to have brought santoor, a lesser known Kashmiri instrument, into the global limelight.

10. Freedom fighter Anjalai Ponnusamy dies aged 102

• Freedom fighter Anjalai Ponnusamy, who fought for India’s independence from colonial Britain, died, aged 102.
• At the age of 21, Anjalai joined the Rani of Jhansi Regiment – the women’s regiment of the Indian National Army – in the hopes of discarding the yoke of British colonialism from the Indian people.

11. Delhi govt to name colonies & streets after Babasaheb Ambedkar

• Following the Central government’s guideline advising against the usage of the word ‘Harijan’, the Delhi government is set to replace the word ‘Harijan’ from names of colonies & streets and name them after B.R. Ambedkar instead.
• Delhi will be one of the first states in the country to curb the use of the word which many people claim is “offensive and derogatory”.

12. Cabinet allows procurement by cooperatives through GeM portal

• The Union Cabinet has approved a proposal to expand the mandate of Government e-Marketplace (GeM) by allowing procurement by cooperatives.
• Presently, the registration of cooperatives as buyers was not covered within the existing mandate of GeM.
• The decision was taken by the Cabinet, chaired by Prime Minister Narendra Modi.

13. Russia tests its latest hypersonic Zircon missile

• The Russian navy has conducted another test of a prospective hypersonic missile, a demonstration of the military’s long-range strike capability amid the fighting in Ukraine.
• The launch was the latest in a series of tests of Zircon, which is set to enter service later this year.
• Zircon is capable of flying at nine times the speed of sound and has a range of 1,000 km.

14. President Ram Nath Kovind confers one Kirti Chakra and 14 Shaurya Chakras in New Delhi

• President has conferred 1 Kirti Chakra and 14 Shaurya Chakras during Defence Investiture Ceremony (Phase-2) at Rashtrapati Bhawan in New Delhi.
• The President also conferred 13 Param Vishisht Seva Medals and 29 Ati Vishisht Seva Medals for distinguished service of an exceptional order.
• Kirti Chakra (posthumously): Ct Altaf Hussain Bhat, Constable, J&K Police.

15. US Frontier Supercomputer Named Fastest in the World

• The US Department of Energy’s Frontier supercomputer was designated as the fastest computing system in the world, part of the agency’s growing portfolio of developmental computing technologies.
• Housed in the Oak Ridge National Laboratory in Tennessee, It stands out with 2 exaflops computing power, which translates to 2 quintillion calculations per seconds.

16. Meghalaya Wins Best Project Award at UN World Summit

• The Meghalaya government key initiative of e-proposal system, part of Meghalaya Enterprise Architect has won a coveted UN Award- World Summit on the Information Society Forum (WSIS) prize at Geneva in Switzerland.
• According to an agency report, the state received the best project award in the category of the role of governments in the promotion of ICTs for development.

********

So, these are all the current affairs 5 June (today). If you want to explore the full list (all CA), including current affairs 5 June, please click on the link (Current Affairs).