Current Affairs 18 September 2022

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Current Affairs 18 September 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. Pranav Anand becomes India’s 76th Chess Grandmaster
2. Varanasi declared as first-ever SCO Tourism and Cultural Capital for 2022-2023 at Samarkand Summit
3. PM Modi on 17 September release Cheetahs in Kuno National Park in Madhya Pradesh
4. Former President Ram Nath Kovind launches book titled ‘Ambedkar and Modi: Reformer’s Ideas Performer’s Implementation’
5. PM Modi attends 22nd SCO Summit at Samarkand
6. Railways Minister Ashwini Vaishnaw releases Annual report on Environment Sustainability 2020-21
7. Govt appoints Thomas M Devasia as member of Insurance Regulatory and Development Authority of India (IRDAI)
8. IDFC FIRST Bank and WhatsApp partner to enable FASTag recharge through ‘payments on WhatsApp’
9. Darjeeling zoo in Bengal recognised as best in India, Kolkata’s Alipore grabs 4th spot
10. FinMin to allow RRBs to raise funds via IPO, rights issue
11. Fitch cuts India FY23 GDP growth forecast to 7%
12. PESB picks Barnali Barua Tokhi for BPRL MD post
13. Prasanna Kumar Motupalli selected as CMD of NLC India Limited
14. SBI Surpasses $5trillion market cap, becomes third lender to reach the elite class

 News Details 

1. Pranav Anand becomes India’s 76th Chess Grandmaster

• Bengaluru teenager Pranav Anand became India’s 76th Grandmaster after he crossed the 2,500 Elo mark in the ongoing World Youth Chess Championship in Mamaia, Romania.
• To become a GM, a player has to secure three GM norms and cross the live rating of 2,500 Elo points.
• Dibyendu Barua was the second Indian, after Viswanathan Anand, to achieve the title of chess grandmaster.
• Elo rating is named after its creator Arpad Elo, a Hungarian-American physics professor.

2. Varanasi declared as first-ever SCO Tourism and Cultural Capital for 2022-2023 at Samarkand Summit

• Varanasi has been nominated as the first-ever SCO Tourism and Cultural Capital for the year 2022-2023 at the 22nd Meeting of Shanghai Cooperation Organization (SCO) summit at Uzbekistan’s Samarkand.
• Notably, the regulations for the nomination of the SCO Tourism and Cultural Capital were adopted at the Dushanbe SCO Summit in 2021.

3. PM Modi on 17 September release Cheetahs in Kuno National Park in Madhya Pradesh

• The Prime Minister will release eight cheetahs brought from Namibia at the Kuno National Park in Madhya Pradesh.
• This is the world’s first transcontinental project to restore large wild animals.
• For cheetah reintroduction in India, out of 10 selected places in the country, Kuno National Park in Madhya Pradesh has been found most suitable.
• Other famous National Parks in MP:
  • Bandhavgarh National Park.
  • Panna National Park.
  • Pench National Park.
  • Madhav National Park.

4. Former President Ram Nath Kovind launches book titled ‘Ambedkar and Modi: Reformer’s Ideas Performer’s Implementation’

• Former President Ram Nath Kovind released a book titled Ambedkar and Modi: Reformer’s Ideas Performer’s Implementation in New Delhi today.
• The book illustrates the life, works and achievements of Dr. B.R Ambedkar.
• It presents a convergence between the ideals of Dr. Ambedkar and New India’s development journey.

5. PM Modi attends 22nd SCO Summit at Samarkand

• Prime Minister Narendra Modi along with leaders of SCO nations including Russian President Vladimir Putin, Chinese President Xi Jinping, Pakistan Prime Minister Shehbaz Sarif, and Uzbekistan President Shavkat Mirziyoyev participated in the 22nd SCO Summit at Samarkand in Uzbekistan.
• About SCO:
  • Full form = Shanghai Cooperation Organisation.
  • It is a Eurasian political, economic and security organization.
  • It is the world’s largest regional organization.
  • It covers approximately 60% of the area of Eurasia, 40% of the world population, and more than 30% of global GDP.

6. Railways Minister Ashwini Vaishnaw releases Annual report on Environment Sustainability 2020-21

• Railways Minister Ashwini Vaishnaw releases Annual report on Environment Sustainability 2020-21.
• The annual report on Environment Sustainability 2020-21 is a comprehensive document highlighting the steps taken by Railways to promote green and clean energy.
• This report brings out Railways’ effort towards net zero emission.

7. Govt appoints Thomas M Devasia as member of Insurance Regulatory and Development Authority of India (IRDAI)

• The government has appointed Thomas M Devasia – a senior executive from the private sector – as member (non-life) in the Insurance Regulatory and Development Authority of India (IRDAI).
• Thomas M Devasia is currently technical expert at Marsh Insurance Brokers India working in Kochi, Kerala.
• More about IRDAI:
  • Headquarters: Hyderabad.
  • Chairperson: Debasish Panda.

8. IDFC FIRST Bank and WhatsApp partner to enable FASTag recharge through ‘payments on WhatsApp’

• This partnership means IDFC FIRST customers will be able to recharge their FASTags right within IDFC FIRST’s WhatsApp chatbot and complete the transaction from within the chat thread.
• IDFC FIRST Bank customers can get started by just sending ‘Hi’ to the Bank’s official WhatsApp chatbot number at +919555555555.
• The Bank has so far issued around 9 million FASTags.
• About IDFC First Bank:
  • CEO: V. Vaidyanathan.
  • Headquarters: Mumbai.
  • Founded: October 2015.

9. Darjeeling zoo in Bengal recognised as best in India, Kolkata’s Alipore grabs 4th spot

• The Padmaja Naidu Himalayan Zoological Park in West Bengal’s Darjeeling has been adjudged the best zoo in the country, while Kolkata’s Alipore Zoological Garden has secured the fourth position.
• The Central Zoo Authority released the ranking list, Arignar Anna Zoological Park in Chennai has secured the second position, Sri Chamarajendra Zoological Garden in Karnataka came third.
• The Red Panda is one of the top attractions of PNHZP.

10. FinMin to allow RRBs to raise funds via IPO, rights issue

• The Finance Ministry has issued draft guidelines for Regional Rural Banks (RRBs) to raise resources from the capital market, paving the way for raising funds via rights issue, private placement with select investors such as large banks and insurance companies, and initial public offerings (IPO).
• Currently, there are 43 RRBs sponsored by 12 Scheduled Commercial Banks with 21,892 branches.

11. Fitch cuts India FY23 GDP growth forecast to 7%

• Global ratings agency Fitch cut India’s gross domestic product (GDP) growth forecast for 2022-23 to 7% from the earlier 7.8% due to the impact of the global economic slowdown, elevated inflation and tighter monetary policy.
• Growth is expected to slow to 6.7% in 2023-24 from the previous estimate of 7.4%, the agency said in its latest report.
• About Fitch:
  • Headquarters: New York, New York, United States.
  • CEO: Paul Taylor.

12. PESB picks Barnali Barua Tokhi for BPRL MD post

• The Public Enterprises Selection Board (PESB) has picked Barnali Barua Tokhi as the next Managing Director (MD) of Bharat Petro Resources Ltd (BPRL).
• A wholly owned subsidiary company of Bharat Petroleum, by the name Bharat PetroResources Limited (BPRL), was incorporated in October 2006.
• When appointed, Sh. Tokhi will be the first woman MD of BPRL.

13. Prasanna Kumar Motupalli selected as CMD of NLC India Limited

• The Public Enterprises Selection Board (PESB) has picked Prasanna Kumar Motupalli as the next NLC CMD.
• Motupalli is currently serving as the Managing Director of Gujarat State Electricity Corporation Limited (GSECL).
• NLC India Limited is a government-owned-fossil fuel miner and thermal power generator under the ownership of the Ministry of Coal, Government of India.
• PESB, Chairperson: MALLIKA SRINIVASAN.

14. SBI Surpasses $5trillion market cap, becomes third lender to reach the elite class

• State-owned lender, State Bank of India (SBI) hit the Rs 5 lakh crore market capitalisation after its shares touched a record high of Rs 564.45.
• With this market capitalisation, SBI stood on the seventh position in the market capitalisation ranking.
• SBI has become the third lender to cross the market cap of Rs 5 lakh crore.
• HDFC Bank held first rank followed by ICICI Bank.
• More About SBI:
  • SBI Chairman: Dinesh Kumar Khara.

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So, these are all the current affairs 18 September (today). If you want to explore the full list (all CA), including current affairs 18 September, please click on the link (Current Affairs).