Current Affairs 26 May 2022

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Current Affairs 26 May 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. Minister of State for Culture & External Affairs Meenakshi Lekhi participated in the 7th BRICS Culture Ministers’ Meeting
2. Health Secretary appointed as chairperson of Committee B at 75th World Health Assembly
3. President Kovind to inaugurate first-ever two-day national conference of woman legislators in Thiruvananthapuram
4. UAE becomes first Gulf state to record case of monkeypox
5. MeitY holds brainstorming session on Digital India BHASHINI with Researchers, Start-ups
6. RBI Sets Stage For Card-Less Cash Withdrawals Across All ATMs
7. Nobel winner Jose Ramos-Horta sworn in as East Timor president
8. Swiggy buys Dineout from Times Internet
9. India–UAE Start-Up Bridge launched in Mumbai as part of CEPA
10. Vinai Kumar Saxena Appointed As Delhi’s New Lieutenant Governor
11. HDFC Bank partners with B2B pharma marketplace Retailio to launch co-branded credit cards
12. Justin Thomas wins playoff to claim second PGA Championship
13. Rolls-Royce India President Kishore Jayaraman Receives Honorary British Award by Her Majesty The Queen
14. SAIL Celebrates Fifty years of Incorporation with a Special Logo
15. Latest SEBI Circular Introduces A New Passive ELSS Scheme category

 News Details 

1. Minister of State for Culture & External Affairs Meenakshi Lekhi participated in the 7th BRICS Culture Ministers’ Meeting

• Discussion was held for advancement and expansion of cultural activities amongst BRICS countries under the theme “Establishing a Cultural Partnership Featuring Inclusiveness and Mutual Learning among BRICS”.
• The meeting on 24 May 2022 was hosted by the People’s Republic of China through video conference with participation from all BRICS Member Nations.

2. Health Secretary appointed as chairperson of Committee B at 75th World Health Assembly

• Union Health Secretary Rajesh Bhushan has been appointed as the chairperson of the Committee B at the 75th World Health Assembly (WHA).
• Each year, the World Health Assembly has a long and complex list of health challenges and responses to review and the Assembly functions through two committees.
• The committees are A and B.

3. President Kovind to inaugurate first-ever two-day national conference of woman legislators in Thiruvananthapuram

• The President will inaugurate the first-ever two-day national conference of woman legislators at the Legislature Complex in Thiruvananthapuram, Kerala.
• The programme is being organized as part of the ‘Azadi Ka Amrut Mahotsav’ to coincide with the 75th Anniversary of Independence.
• Kerala Governor: Arif Mohammed Khan;
• Chief Minister: Pinarayi Vijayan.

4. UAE becomes first Gulf state to record case of monkeypox

• The United Arab Emirates has become the first Gulf state to record a case of monkeypox.
• Outbreaks of the virus have been found in Europe, Australia and America.
• The symptoms often include a fever and rash – but the infection is usually mild.
• Monkeypox is a viral zoonosis (a virus transmitted to humans from animals) with symptoms similar to those seen in the past in small pox.

5. MeitY holds brainstorming session on Digital India BHASHINI with Researchers, Start-ups

• The Ministry of Electronics and IT conducted a brainstorming session with Researchers and Start-ups.
• The session was aimed to shape strategy for Digital India BHASHINI, which is India’s Artificial Intelligence (AI) led language translation platform.
• The government wants to integrate start-ups in innovation, development and consumption of technology.
• Rajeev Chandrasekhar, MoS, MEITY.

6. RBI Sets Stage For Card-Less Cash Withdrawals Across All ATMs

• “All banks, ATM networks and WLAOs may provide the option of ICCW at their ATMs.
• NPCI has been advised to facilitate Unified Payments Interface (UPI) integration with all banks and ATM networks,”
• Customers will be able to authorise transactions at ATMs through UPI, while the settlement of these transactions at the back-end will happen through the National Financial Switch.

7. Nobel winner Jose Ramos-Horta sworn in as East Timor president

• Former independence fighter and Nobel Peace Prize laureate Jose Ramos-Horta was sworn in as president of East Timor ahead of celebrations marking the 20th anniversary of independence for Asia’s youngest country.
• Xanana Gusmao returns as East Timor PM in the coalition government.
• Ramos-Horta, who was prime minister from 2006 to 2007 and president from 2007 to 2012.
• Capital of East Timor: Dili.
• Currency: US Dollar.

8. Swiggy buys Dineout from Times Internet

• On-demand convenience platform Swiggy has entered into a definitive agreement with Times Internet to acquire dining out and restaurant tech platform Dineout for an undisclosed sum.
• Dineout, which serves diners across its network of 50,000 restaurants in 20 cities, will continue to operate as an independent app post the acquisition.

9. India–UAE Start-Up Bridge launched in Mumbai as part of CEPA

• India and UAE have launched Start-Up Bridge whereby Indian startups will benefit from UAE investments while UAE will benefit from India’s experience.
• Union Commerce & Industry Minister Piyush Goyal and the UAE Minister of Economy Abdullah Al-Mari have launched the ‘India-UAE Start-Up Bridge’ at the India-UAE Economic Partnership organised by CII.
• Capital of UAE: Abu Dhabi
• Currency: dirham.

10. Vinai Kumar Saxena Appointed As Delhi’s New Lieutenant Governor

• Vinai Kumar Saxena will be the new lieutenant governor of Delhi, President Ram Nath Kovind’s office announced.
• Anil Baijal, the Union territory’s twenty-first LG, resigned on May 18 citing ‘personal reasons.’
• Saxena is the current chairman of the Khadi and Village Industries Commission, an organisation under the Ministry of Micro, Small and Medium Enterprises.

11. HDFC Bank partners with B2B pharma marketplace Retailio to launch co-branded credit cards

• India’s largest private sector bank, HDFC Bank partnered with Retailio announced the launch of a new range of co-branded credit cards primarily targeted at chemists and pharmacies in the merchant segment.
• Retailio is the country’s largest B2B pharma marketplace.
• The partnership is likely to cover over 1.4 lakh merchants in the first phase of its roll-out.
• The partnership is likely to cover over 1.4 lakh merchants in the first phase of its roll-out.

12. Justin Thomas wins playoff to claim second PGA Championship

• With help from Mito Pereira’s heartbreaking debacle on the 72nd hole, Thomas won the PGA Championship and his second Wanamaker Trophy in a three-hole aggregate playoff against Will Zalatoris, who was seeking his first PGA Tour title.

13. Rolls-Royce India President Kishore Jayaraman Receives Honorary British Award by Her Majesty The Queen

• Kishore Jayaraman, President – India and South Asia for Rolls-Royce, has received an honorary Officer of the Order of the British Empire (OBE) by Her Majesty The Queen.
• He received the award for services to international trade and investment, with a key focus on promotion of India-UK trade.
• Jayaraman is a board member of the UK-India Business Council.

14. SAIL Celebrates Fifty years of Incorporation with a Special Logo

• Steel Authority of India Limited (SAIL), the maharatna steelmaking public sector unit, is celebrating the company’s fifty years of incorporation this year in 2022.
• SAIL’s legacy of fifty years is being celebrated with the launch of a new commemorative logo and will be followed by several events to be held all across the company throughout the year.
• SAIL was incorporated on 24th January, 1973.

15. Latest SEBI Circular Introduces A New Passive ELSS Scheme category

• The securities market regulator, SEBI came out with a circular on May 23 on ‘Development of Passive Funds’ covering a gamut of issues related to ETFs (exchange traded funds) and index funds.
• Notably, the circular has introduced a new category of mutual fund schemes – Passive ELSS (equity linked savings scheme).

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So, these are all the current affairs 26 May (today). If you want to explore the full list (all CA), including current affairs 26 May, please click on the link (Current Affairs).