Current Affairs 29 September 2022

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Current Affairs 29 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. Saudi Crown Prince Mohammed bin Salman named prime minister
2. DRDO conducts successful tests of Very Short Range Air Defence System Missiles
3. UP govt gives nod to Bundelkhand’s first tiger reserve
4. Uco Bank and Yes Bank tie up with Russian banks for payments
5. BSE receives SEBI’s final approval to launch EGR on its platform
6. Aarogya Setu, CoWIN to be used for health issues other than Covid as well
7. Unilever CEO Alan Jope to retire at end of 2023 after GSK setback
8. Government launches mobile app to make Indian Sign Language dictionary more accessible to masses
9. Kerala awarded ‘best performing state’ in providing free healthcare
10. Mahindra Logistics gains on acquiring Rivigo’s B2B express business
11. Vinayak Godse to take over as new CEO of Data Security Council of India on Oct 1
12. Magnus Carlsen crushes India’s Arjun Erigaisi to clinch Julius Baer title; breaks 2900 Tour Rating barrier
13. S&P retains FY23 growth forecast at 7.3%; OECD at 6.9%
14. Bandaru Wilsonbabu appointed Indian Ambassador to Madagascar
15. Italy gets its first female PM as Giorgia Meloni claims victory
16. INS Sunayna enters Port Victoria Seychelles to participate in annual training exercise Operation Southern Readiness

 News Details 

1. Saudi Crown Prince Mohammed bin Salman named prime minister

• Saudi Crown Prince Mohammed bin Salman has replaced his father King Salman as prime minister.
• The decree promoted Prince Mohammed’s brother Prince Khalid from deputy defence minister to defence minister.
• Prince Mohammed has previously served as deputy prime minister.
• Aboud Saudi Arabia:
  • Capital: Riyadh.
  • Currency: Saudi riyal.

2. DRDO conducts successful tests of Very Short Range Air Defence System Missiles

• The Defence Research and Development Organisation (DRDO) carried out two successful test flights of the Very-Short Range Air Defence System (VSHORADS) missile.
• The missiles were test-fired from a ground-based portable launcher.
• The tests were carried out from the Integrated Test Range at Chandipur, located off the coast of Odisha.
• About DRDO:
  • Headquarters: New Delhi.

3. UP govt gives nod to Bundelkhand’s first tiger reserve

• In a bid to promote tiger conservation in the state, the Uttar Pradesh cabinet gave a green signal for the development of the first tiger reserve in the Bundelkhand region.
• In a meeting chaired by the Uttar Pradesh Chief Minister Yogi Adityanath, the cabinet approved to notify Ranipur Tiger Reserve under the Wildlife Protection Act, 1972.
• About UP:
  • Governor: Anandiben Patel.
  • Capital: Lucknow.

4. Uco Bank and Yes Bank tie up with Russian banks for payments

• Uco Bank and Yes Bank have put in place arrangements with two Russian counterparts as India seeks to step up trade with the sanctioned nation.
• While Uco Bank, which was the agency responsible for rupee trade with Iran, has tied up with Gazprom Bank, Yes Bank and Petersburg Social Commercial Bank (PSCB) also have an agreement in place.
• About Uco Bank:
  • Headquarters: Kolkata.
  • CEO: Shri Soma Sankara Prasad.
• About Yes bank:
  • CEO: Prashant Kumar.
  • Headquarters: Mumbai.

5. BSE receives SEBI’s final approval to launch EGR on its platform

• BSE has received the final approval from the capital markets regulator Securities and Exchange Board of India (SEBI) for introducing the Electronic Gold Receipt (EGR) on its platform.
• India is the second largest consumer of gold globally with an annual gold demand of approximately 800-900 tonnes and holds an important position in the global markets.
• About BSE:
  • Full form = Small Industries Development Bank of India (SIDBI).
  • Chairman: S S Mundra (Ex deputy governor of RBI).
  • MD & CEO: Ashish Chauhan.
• About SEBI:
  • It is the regulatory body for securities and commodity markets in India under the ownership of the Ministry of Finance, Government of India.
  • Headquarters: Mumbai.
• About EGR:
  • EGR is a kind of Depository gold receipt, traded on the stock exchange, similar to shares, and they are kept in Demat accounts.
  • Any investor can purchase an electronic gold receipt that is kept in vaults as an actual gold substitute.
  • Using Demat account Investors can buy an EGR like stock buying.

6. Aarogya Setu, CoWIN to be used for health issues other than Covid as well

• Under the Ayushman Bharat Digital Mission, the Centre is repurposing Aarogya Setu and CoWIN.
• Aarogya Setu was launched for handling COVID-19 in a more systematic way.
• It has been updated to function as a health and wellness app.
• After being extensively used to facilitate COVID-19 immunisation, CoWIN will be utilised for India’s universal immunisation programme.
• More information:
  • RS Sharma, the chief executive of the National Health Authority.

7. Unilever CEO Alan Jope to retire at end of 2023 after GSK setback

• Unilever Plc Chief Executive Officer Alan Jope plans to retire at the end of next year following a tumultuous period where the company botched a potential £50 billion ($53 billion) deal and irked investors with lackluster growth.
• Alan Jope has informed the Board of his intention to retire from the company at the end of 2023, after five years in the role.
• About Unilever:
  • Unilever is a British multinational consumer goods company.
  • Food, condiments, ice cream, cleaning agents, beauty products, and personal care are the products of the company.
  • Unilever Chairman: Nils Andersen.

8. Government launches mobile app to make Indian Sign Language dictionary more accessible to masses

• The government has launched a new mobile app called ‘Sign Learn’ with an aim to make the Indian Sign Language dictionary more accessible to the masses.
• The app, which is available for both Android and iPhone, was launched by Minister of State for Social Justice and Empowerment, Pratima Bhoumik.
• What is Sign Language:
  • Sign languages are languages that use the visual-manual modality to convey meaning.

9. Kerala awarded ‘best performing state’ in providing free healthcare

• Union Health Minister awarded the Ayushman Utkrishtata Puraskaar (Ayushman Excellence Awards) 2022 to felicitate the –
  • Top Performing State/UT (Andhra Pradesh).
  • Top Performing District (Parvathipuram Manyam, Andhra Pradesh).
  • Top Performing Government Facility (District Hospital Dharwad, Karnataka).
  • Best Performing Union Territories (Chandigarh, J&K).

10. Mahindra Logistics gains on acquiring Rivigo’s B2B express business

• Mahindra Logistics announced the acquisition of the B2B express business of Gurugram-based logistics firm Rivigo Services, which will help the company accelerate its capabilities in this space.
• Mahindra Logistics Ltd (MLL) will acquire the express business through a business transfer agreement (BTA), including the customers, team and assets of Rivigo’s B2B express business.
• More information:
  • Mahendra Group Chairman: Anand Mahindra.

11. Vinayak Godse to take over as new CEO of Data Security Council of India on Oct 1

• Premier industry body Data Security Council of India (DSCI), setup by NASSCOM, promoted its senior vice president Vinayak Godse and appointed him as the new CEO on September 7.
• Godse will be taking over from Rama Vedashree who led DSCI for more than 6 years.
• The decision was taken by a selection committee of the DSCI Board chaired by former DSCI chairman Dr N Balakrishnan.
• More about DSCI:
  • DSCI is a premier industry body on data protection in India, committed to making cyberspace safe, secure and trusted by establishing best practices, different initiatives and Policies.

12. Magnus Carlsen crushes India’s Arjun Erigaisi to clinch Julius Baer title; breaks 2900 Tour Rating barrier

• GM Magnus Carlsen (Norway) won the Julius Baer Generation Cup, needing just two games vs. GM Arjun Erigaisi (India).
• Carlsen’s performance makes him the first player to hit the historic 2900 Tour Rating mark and he has also reached $180,000 in earnings on the Tour.
• Rameshbabu Praggnanandhaa stands second with $106,500.

13. S&P retains FY23 growth forecast at 7.3%; OECD at 6.9%

• S&P Global Ratings retained India’s economic growth projection at 7.3% in the current fiscal with downside risks and said inflation is likely to remain above the Reserve Bank of India’s upper tolerance threshold of 6% till the end of 2022.
• The Organisation for Economic Co-operation and Development (OECD) too stuck to its projection of 6.9% growth in India’s GDP for FY23.
• More information:
  • OECD, Headquarters: Paris, France.
  • S&P Global Ratings HQs: New York, United States.

14. Bandaru Wilsonbabu appointed Indian Ambassador to Madagascar

• Bandaru Wilsonbabu, presently joint secretary in the ministry of external affairs, has been appointed as the next ambassador of India to the Republic of Madagascar.
• Wilsonbabu, who has served as the joint Secretary in the Eurasia division, will be replacing ambassador Abhay Kumar.
• About Madagaskar:
  • Capital: Antananarivo.
  • Currency: Malagasy ariary.
  • President: Andry Rajoelina.

15. Italy gets its first female PM as Giorgia Meloni claims victory

• Giorgia Meloni, leader of the Brothers of Italy party won the Italian election, defeating Mario Draghi by a huge margin.
• By doing so, Giorgia has become Italy’s first female prime minister, and that too, of a right-wing government.
• According to media reports, the alliance claimed over 43% votes, which would translate to 114 seats in the Senate.
• About Italy:
  • Prime minister: Mario Draghi.
  • Capital: Rome.
  • Currency: Euro.

16. INS Sunayna enters Port Victoria Seychelles to participate in annual training exercise Operation Southern Readiness

• The INS Sunayna entered Port Victoria Seychelles to participate in the annual training exercise Operation Southern Readiness of Combined Maritime Forces.
• This marks the maiden participation of an Indian Navy ship in Combined Maritime Forces exercise.
• The joint training exercise is being attended by representatives from India, the US, Italy, Australia, Canada, and New Zealand.
• It also has ship participation from the UK and Spain.
• About Seychelles:
  • The Seychelles is an archipelago of 115 islands in the Indian Ocean, off East Africa.
  • Capital: Victoria.
  • President: Wavel Ramkalawan.
  • Currency: Seychellois rupee.

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So, these are all the current affairs 29 September (today). If you want to explore the full list (all CA), including current affairs 29 September, please click on the link (Current Affairs).