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Current Affairs 22 July 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 22 July 2022.

Current Affairs 22 July 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. Rajarshi Gupta takes over as MD of ONGC Videsh
  2. SBI’s WhatsApp Banking Services will make banking easier for its customers
  3. India, Namibia sign MoU for establishing cheetah into historical range in India
  4. Sri Lanka’s newly elected President Ranil Wickremesinghe sworn in
  5. Federal Bank ties up with CBDT to launch online tax payment services
  6. Zero coupon, zero principal bond declared securities
  7. Microsoft announces ‘Viva Engage’ app in Teams to help build community
  8. To create supply-chain operations talent pool flipkart has signed an MoU with the Bihar State Skill Development Mission
  9. Digit Insurance launches ‘Pay-as-you-drive’ motor add-on
  10. NAARM gets ICAR Sardar Patel Award
  11. Jawaharlal Nehru Port becomes first 100% Landlord Major Port of India having all berths being operated
  12. India’s renewable energy capacity at 114 GW till June-end
  13. CSIR-CECRI, GODI India partner to Make Advanced Li-Ion Cells in Chennai
  14. Govt. and RBI measures help banks recover bad loans worth more than Rs 8.6 lakh crore in last 8 fiscal years
  15. Under RBI’s ombudsman scheme, 7,813 complaints received against digital apps and recovery agents
  16. Centre appoints Ms. Jayanti Prasad as Whole Time Member of IBBI
  17. Centre to Provide Rs 48K cr financial support for Smart Cities Mission in 5 years.
  18. NIIFL acquires stake in J&K tunnel road Navayuga Quazigund Expressway for Rs 3,036 crore

 News Details 

1. Rajarshi Gupta takes over as MD of ONGC Videsh

  • ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation, announced the appointment of Rajarshi Gupta as its new managing director.
  • He has replaced Alok Gupta, who superannuated as ONGC Videsh’s MD last month.
  • ONGC Videsh Limited is a Miniratna Schedule “A” Central Public Sector Enterprise (CPSE) of the Government of India.

2. SBI’s WhatsApp Banking Services will make banking easier for its customers

  • India’s largest public sector lender, State Bank of India has launched its WhatsApp Banking services to make banking easier for its customers.
  • SBI customers can avail certain banking services using WhatsApp.
  • SBI customers can get their Account Balance and view Mini Statement can check their account summary, reward points, outstanding balance and make card payments.
  • About SBI:
    • Chairperson: Dinesh Kumar Khara.
    • Headquarters: Mumbai.

3. India, Namibia sign MoU for establishing cheetah into historical range in India

  • India and Namibia signed an MoU on wildlife conservation and sustainable biodiversity utilization for establishing the cheetah into the historical range in India.
  • Cheetah has a very special significance for the national conservation ethic and ethos. Bringing the cheetah back to India will have equally important conservation ramifications.
  • About Namibia:
    • Capital: Windhoek.
    • President: Hage Geingob.

4. Sri Lanka’s newly elected President Ranil Wickremesinghe sworn in

  • Ranil Wickremesinghe will take oath as the President of Sri Lanka at the parliament complex after his victory in a parliament vote to choose a new president for the island nation.
  • He has served as the Prime Minister of the island nation six times earlier.
  • He was also the interim president after the resignation of Gotabaya Rajapaks.

5. Federal Bank ties up with CBDT to launch online tax payment services

  • Federal Bank has partnered with the Central Board of Direct Taxes to assist taxpayers pay through the e-pay tax facility in the e-filing portal.
  • There is no requirement of PAN/TAN registration/verification for taxpayers and it takes away any delay in payment of tax.
  • With this partnership, Federal Bank becomes one of the pioneers to be registered under Tin 2.0 platform of the Income Tax Department.
  • About Federal Bank:
  • Headquarters: Aluva.
  • CEO: Shyam Srinivasan.

6. Zero coupon, zero principal bond declared securities

  • In the run up to setting up a social stock exchange, the government has declared “zero coupon zero principal instruments” as securities.
  • Zero coupon zero principal instrument means an instrument issued by a Not for Profit Organisation (NPO) which will be registered with the social stock exchange segment of a recognised stock exchange.

7. Microsoft announces ‘Viva Engage’ app in Teams to help build community

  • Tech giant Microsoft has announced that it is introducing Viva Engage, a new app in Teams that helps build community and connection, along with providing tools for personal expression.
  • Microsoft Viva is designed to give employees across multiple roles and functions what they need to feel connected – no matter when or where they work.
  • About Microsoft:
    • CEO: Satya Nadella.
    • Headquarters: Washington, United States.

8. To create supply-chain operations talent pool flipkart has signed an MoU with the Bihar State Skill Development Mission

  • Flipkart, the Indian e-commerce marketplace, has entered into an agreement with the Bihar State Skill Development Mission to help create a pool of skilled supply-chain operations talent via the Supply Chain Operations Academy (SCOA) in the state.

9. Digit Insurance launches ‘Pay-as-you-drive’ motor add-on

  • Private insurer Digit General Insurance has announced the launch of ‘Pay-as-you-drive’ add-on feature to its motor insurance product portfolio.
  • It will allow vehicle-owners with low usage to earn a discount of up to 25 percent on annual premiums.
  • Vehicle-owners can purchase this benefit as part of comprehensive coverage, along with motor own damage (OD) policies.
  • Chairperson of the Insurance Regulatory and Development Authority: Debasish Panda.

10. NAARM gets ICAR Sardar Patel Award

  • The National Academy of Agricultural Research Management (NAARM) established by the Indian Council of Agricultural Research (ICAR), has bagged the Sardar Patel Outstanding ICAR Institute Award 2021 (in the Large Institute Category) for its overall performance.
  • Set up in 1976, the Hyderabad-based institute’s mandate includes capacity building in agricultural research and education.
  • About NAARM:
  • Director: Ch Srinivasa Rao.

11. Jawaharlal Nehru Port becomes first 100% Landlord Major Port of India having all berths being operated

  • JNP has become the first major port of the country to become a 100% Landlord port having all berths being operated on the PPP model.
  • Currently, five container terminals are operated at JNP, of which only one is port owned. With its state-of-the-art facilities JNP meets all the international standards, user-friendly atmosphere, and excellent connectivity by rail and road.
  • The Jawaharlal Nehru Port Authority (JNPA) at Navi Mumbai is a premier port in India.

12. India’s renewable energy capacity at 114 GW till June-end

  • India’s renewable energy capacity (excluding large hydro) stood at 114.07 GW till June-end this year, while 60.66 GW of projects are under various stages of development.
  • The share of renewable energy (including large hydro) in the total installed electricity generation capacity in the country was 39.85 per cent as on June 30, 2022.

13. CSIR-CECRI, GODI India partner to Make Advanced Li-Ion Cells in Chennai

  • CSIR-CECRI (Central Electrochemical Research Institute) and GODI India have entered into a public-private partnership (PPP) to operate and maintain an advanced lithium-ion (li-ion) cell manufacturing facility in Taramani, Chennai.
  • This will be the country’s first-ever public-private partnership for the manufacturing of large-scale advanced li-ion cells.
  • Established in 1953, CECRI, Karaikudi is one of the largest electrochemical laboratories.
  • Mahesh Godi: Founder and CEO, Godi India.

14. Govt. and RBI measures help banks recover bad loans worth more than Rs 8.6 lakh crore in last 8 fiscal years

  • As a result of comprehensive steps taken by the government and RBI to check the cases of NPAs and bring them down, scheduled commercial banks (SCBs) recovered Rs 8,60,369 crore over the last eight financial years (provisional data) from NPAs.
  • Karad said all credit institutions have been mandated by the RBI to become members of all credit information companies (CICs).
  • Minister of State for Finance Bhagwat Karad.

15. Under RBI’s ombudsman scheme, 7,813 complaints received against digital apps and recovery agents

  • As many as 7,813 complaints against banks and non-banking finance companies (NBFCs), pertaining to digital lending applications and recovery agents, were received under the Integrated Ombudsman Scheme of the Reserve Bank of India (RBI) during the last financial year, according to the Central government.

16. Centre appoints Ms. Jayanti Prasad as Whole Time Member of IBBI

  • In exercise of the powers conferred by section 189 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government appointed Ms. Jayanti Prasad as a Whole time member of the Insolvency and Bankruptcy Board of India for a period of five years or upto the age of sixty-five years or until further orders, whichever is the earliest.
  • Ravi Mittal- chairperson of the Insolvency and Bankruptcy Board of India (IBBI).

17. Centre to Provide Rs 48K cr financial support for Smart Cities Mission in 5 years.

  • As per the Smart Cities Mission (SCM) guidelines, the central government will provide financial support to the extent of Rs 48,000 crore over five years i.e., on an average Rs 100 crore per city per year.
  • An equal amount on a matching basis will be contributed by the state government/urban local body (ULB).

18. NIIFL acquires stake in J&K tunnel road Navayuga Quazigund Expressway for Rs 3,036 crore

  • National Investment and Infrastructure Fund (NIIF) has picked up a stake in tunnel road Navayuga Quazigund Expressway in Jammu and Kashmir for about Rs 3,036 crore (USD 380 million) to diversify its asset base.
  • The operational tunnel road in the Union territory of Jammu and Kashmir will be managed by NIIF Master Fund’s proprietary roads platform Athaang Infrastructure.
  • NIIF:
    • Founded: February 2015.
    • Headquarters: Mumbai, India.
    • Sujoy Bose: CEO.

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So, these are all the current affairs 22 July (today). If you want to explore the full list (all CA), including current affairs 22 July, please click on the link (Current Affairs).

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