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Current Affairs 20 February 2022

India’s GDP likely to grow at 5.8% in Oct-Dec: SBI’s Ecowrap report

  • The country’s gross domestic product (GDP) is likely to grow at 5.8% in the third quarter of fiscal 2022, according to an SBI’s research report- Ecowrap.
  • As per SBI Nowcasting Model, the forecasted GDP growth for Q3 FY22 would be 8%, with a downward bias.
  • The full year (FY22) GDP growth is now revised downwards to 8.8% from our earlier estimate of 9.3%.

Bank of Baroda subscribes to 99,000 shares of India Debt Resolution Company

  • Public sector Bank of Baroda has subscribed to 99,000 shares of asset reconstruction company India Debt Resolution Company Ltd (IDRCL).
  • The acquisition is subject to the execution of an investment agreement.
  • IDRCL, as an asset management company, will manage the asset and engage market professionals and turnaround experts for debt resolution.
  • CEO of IDRCL : Sanjay Jain.

TransUnion CIBIL Partners With FICCI On A Unique Nation-Wide MSME Consumer Education Program

  • TransUnion CIBIL has partnered with the FICCI to launch an MSME consumer education program that will support MSMEs in gaining awareness of credit management, CIBIL Rank and commercial credit information.
  • This program will kick off with MSME clusters in Maharashtra, Assam and Tripura.
  • It aims to reach thousands of MSMEs across key MSME clusters in India.

CSB Bank has got the approval of (RBI) for the appointment of Pralay Mondal as the deputy managing director.

  • CSB Bank has got the approval of Reserve Bank of India (RBI) for the appointment of Pralay Mondal as the deputy managing director of the company.
  • His prior appointment in the bank since September 23, 2020 was as President (Retail, SME, Operations and IT).

Yohan Poonawalla receives “Business Leader of the Year Award”

  • URJA Awards 2022, a brainchild of Usha Kakade’s Gravittus Foundation, honoured Mr. Yohan Poonawalla, Chairman and Director of various Poonawalla Group of companies, with the Business Leader of the Year award this year.
  • Yohan Poonawalla received the award for the Business Leader of the year from Mrs. Amruta Fadnavis at the Gravittus Foundations URJA Award 2022.
  • Yohan Poonawalla is one of India’s leading industrialists and philanthropists.

Chhatrapati Shivaji Maharaj Jayanti is celebrated across the country on 19 February every year.

  • Chhatrapati Shivaji Maharaj Jayanti is celebrated across the country on 19 February every year.
  • He founded the Maratha Kingdom and was one of India’s most progressive, wise and fearless emperors.
  • This year marks his 392nd birth anniversary.
  • The birth anniversary of Shivaji is celebrated with great zeal and pride in Maharashtra.

Government approves Rashtriya Uchchatar Shiksha Abhiyan (RUSA) Scheme to continue till 31st March, 2026

  • The Government has approved the scheme of Rashtriya Uchchatar Shiksha Abhiyan (RUSA) for continuation till 31.03.2026 or till further review, whichever is earlier.
  • The proposal entails an expenditure of Rs. 12929.16 crore out of which Central Share is Rs. 8120.97 crores and the State Share is of Rs. 4808.19 crores.
  • It has been envisaged to support around 1600 projects under the new phase of the scheme.

India and UAE signed the historic Comprehensive Economic Partnership Agreement (CEPA)

  • India and UAE signed the historic Comprehensive Economic Partnership Agreement (CEPA) aimed at boosting the merchandise trade between the two countries to US$ 100 billion over the next 5 years.
  • The deal was signed during the virtual summit meeting between Hon’ble Prime Minister of India, Shri Narendra Modi and H.E. Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi.
  • UAE is celebrating 50 years of its foundation.

First direct flight between Delhi-Khajuraho under RCS-UDAN flagged off

  • The first direct flight between Delhi and the heritage city of Khajuraho was flagged-off.
  • With this, 405 routes would be operationalized under the UDAN-RCS scheme.
  • SpiceJet was awarded the Delhi-Khajuraho-Delhi route under the RCS-UDAN 3.0.
  • SpiceJet is India’s largest regional carrier and the strongest supporter of UDAN scheme.

NHPC Limited has set up a new wholly owned subsidiary company namely “NHPC RENEWABLE ENERGY LIMITED (NREL)”

  • NHPC Limited has set up a new wholly owned subsidiary company namely “NHPC RENEWABLE ENERGY LIMITED (NREL)”, for development of Renewable Energy, Small Hydro and Green Hydrogen based business of NHPC Ltd.
  • The Subsidiary has been incorporated with the Registrar of Companies, NCT of Delhi & Haryana.

Government approves implementation of Inter-Operable Criminal Justice System (ICJS) project during the period 2022-23 to 2025-26

  • The government has approved the implementation of the Inter-Operable Criminal Justice System (ICJS) project by the Ministry of Home Affairs at a total cost of Rs.3,375 crore during the period from 2022-23 to 2025-26.
  • The ICJS system would be made available through a dedicated and secure cloud-based infrastructure with high-speed connectivity.
  • The project will be implemented as a Central Sector Scheme.

Govt. of India and World Bank sign loan agreement of $115 million

  • The Government of India, the State Governments of Karnataka and Odisha and the World Bank have signed a $115 million Programme (Rejuvenating Watersheds for Agricultural Resilience through Innovative Development Programme).
  • The fund will help national and state institutions adopt improved watershed management practices to help increase farmers’ resilience.
  • The Government of India has committed to restoring 26 million hect of degraded land by 2030.

Senior Journalist Ravish Tiwari passed away

  • Ravish Tiwari, National Political Editor and Chief of National Bureau of The Indian Express, whose work blended scholarship with journalistic rigour to explain the change in politics and society, passed away.
  • The Indian Express CEO : George Varghese.
  • The Indian Express : Headquarters: Noida.



Current Affairs 1 October 2023

Education Minister Dharmendra Pradhan to launch Bharatiya Bhasha Utsav and Technology & Bharatiya Bhasha Summit in New Delhi. Union Minister G. Kishan Reddy launches 5G training labs and 5G applications in all North Eastern States. Ministry of Tourism to host PATA Travel Mart 2023 in New Delhi from 4th October. DR L. Murugan leads Indian Delegation at TIFF 2023.

Current Affairs 23 December 2022

Parliament passes Maritime Anti Piracy Bill 2022 with Rajya Sabha's approval. MoHUA kickstarts ground survey of Pey Jal Survekshan from 15th December 2022. India GDP grew by 9.7% in H1FY23, says Finance Ministry. Delhi leads India with the highest crypto adoption: CoinSwitch. IGX launches gas index, plans trading in pipeline capacity.

Current Affairs 22 December 2022

Indian Navy launches INS Arnala; first ship of ASW SWC Project. Indian Navy gets fifth Scorpene Class submarine INS Vagir. Ministry of Housing & Urban Affairs wins Platinum Icon in Digital India Awards 2022. Indian Institute of Corporate Affairs launches programme to create Impact Leaders in areas of ESG. Jaipur Pink Panthers beat Puneri Paltan in final match to win PKL 9 title.

Current Affairs 21 December 2022

England’s Rehan Ahmed becomes youngest to claim five-fer on test debut in men's cricket. Paytm and HDFC ERGO launch insurance policy to protect mobile transactions. RBI imposes Rs 2.66 crore penalty on Bank of Bahrain & Kuwait BSC. France's forward Karim Benzema announces retirement from international football. Account aggregator network: 94 FIUs, 26 FIPs onboarded on RBI’s financial data-sharing system.

Current Affairs 7 December 2022

Hyderabad gets India's first real-time Gold ATM. CCI approves Bharat Biotech International-Eastman Exports deal. Adani Green becomes world’s largest wind-solar hybrid power developer with 450 MW Rajasthan plant. SBI’s personal loans portfolio crosses ₹5 lakh cr mark. Extensive exploration programme to find minerals stepped up in Rajasthan.

Current Affairs 30 November 2022

India - Malaysia joint military Exercise “Harimau Shakti -2022” commenced at Pulai, Kluang, Malaysia. Ministry of Power launches scheme for to procure aggregate power of 4500 MW to help states facing power shortage. Chennai-Based Space Start-Up Agnikul Cosmos sets up India’s first private space vehicle launch pad at Sriharikota. Bank credit growth accelerates to 17.2% in July-September quarter: RBI data. RBI asks Paytm to reapply for payment aggregator licence.

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