KARNATAKA FEDERAL BANK ECGC CURRENT AFFAIRS SNIPPETS 05082022

 

CURRENT AFFAIRS SNIPPETS

05th August 2022

 

National News

 

TRS to support Opposition candidate in Vice-Presidential poll

TRS is set to support Opposition's candidate Margaret Alva for the Vice-Presidential election, slated to be held on August 6. Alva filed her nomination for the polls on July 19. On the other hand, NDA has fielded West Bengal Governor Jagdeep Dhankhar as its candidate. Tenure of incumbent Vice President M Venkaiah Naidu will end on August 10.

106-year-old college astronomy lab in Bihar added to UNESCO heritage list

A 106-year-old astronomical observatory in Bihar has been added to UNESCO's list of important endangered heritage observatories. The observatory, established in Langat Singh College in Muzaffarpur in 1916, is reportedly the first of its kind in eastern India. The college authorities said they're hopeful the state government will take steps for conserving it after its inclusion in UNESCO's list.

 

Quality Council collaborates with National Health Authority 

In order to accredit and rate HMIS (Health Management Information System) and LMIS (Laboratory Information Management System) solutions that have been integrated with the Ayushman Bharat Digital Mission, the National Health Authority (NHA) has onboarded the Quality Council of India (QCI) for six months.  The National Accreditation Board for Hospitals and Healthcare Providers (NABH), a constituent board of QCI, is in charge of national accreditation in the medical field, according to the Union Ministry of Health and Family Welfare.

World’s largest floating solar power plant going to be built in Khandwa, MP 

The world’s largest floating solar power plant is going to be built at Khandwa in Madhya Pradesh. With an aim to increase the power generation capacity of the central state of Madhya Pradesh and address the electricity problems in the region.  A floating solar power plant is going to be built in Khandwa which will generate 600 Megawatt power by 2022-23.

Appointments News

Ravinder Takkar named as Chairman of Vodafone Idea 

Ravinder Takkar, the managing director (MD) and chief executive officer (CEO) of telecom operator Vodafone Idea Limited (Vi), will replace Himanshu Kapania as the telco's new chairman.  He will step down as non-executive chairman of the board with effect from 18 August this month. However, he will continue to be a part of the VIL board as a non-executive director.

Oil India named Ranjith Rath as new Chairman & MD 

Ranjit Rath has taken over as the Chairman and Managing Director (CMD) of state-run Oil India Ltd (OIL). He replaces Sushil Chandra Mishra who retired on 30 June.  The newly appointed OIL CMD has so far been associated with diverse roles spanning from strategy formulation, business development and upstream asset management to the application of geosciences and exploration geology in several important projects including the creation of strategic petroleum reserves (SPR).

Fintech platform BharatPe named Nalin Negi as new CFO 

Nalin Negi has been appointed as the new chief financial officer (CFO) of Fintech startup BharatPe. Earlier he was the CFO of credit card issuer SBI Card.  In his new role, Negi will be working towards making the company's EBITDA positive by March 2023 and leading the financial readiness for the company, which is getting ready for an initial public offering (IPO).  Ebitda stands for earnings before interest, taxes, depreciation, and amortization. He will report to Suhail Sameer, CEO, BharatPe and work closely with the Board of BharatPe.

 

INTERNATIONAL

China summons Japanese, EU diplomats over statements on Taiwan

China said it has summoned the Japanese ambassador and European diplomats in the country to protest statements issued by the Group of Seven (G7) nations and the European Union criticising Chinese military exercises around Taiwan. Vice Foreign Minister Deng Li called the statements "erroneous" and objected to "wanton interference in China's internal affairs", the Chinese Foreign Ministry said.

China's military drills around Taiwan are significant escalation: US

US Secretary of State Antony Blinken on Friday said that China's military exercises around Taiwan, including missiles fired into Japan's exclusive economic zone, represent a "significant escalation". China launched the military drills following a visit by US House Speaker Nancy Pelosi to Taiwan. Pelosi's visit was peaceful and did not represent a change in US policy toward Taiwan, Blinken added.

China ending cooperation with US on multiple issues after Pelosi's Taiwan visit

China has said it is ending cooperation with US on multiple issues after US House Speaker Nancy Pelosi's visit to Taiwan. It has halted dialogue with US on climate change, military issues and anti-drug work in retaliation for the visit. China has also sanctioned Pelosi and her immediate family members over the Taiwan visit.

Ready to discuss prisoner swap with US: Russia after Griner's conviction

Russia's Foreign Minister Sergey Lavrov said Russia is ready to discuss a prisoner swap with US through a diplomatic channel agreed upon by both Presidents. "If...Americans decide to...again resort to public diplomacy...it's their problem," he added. This comes a day after US basketball player Brittney Griner was convicted of drug smuggling and sentenced to nine years in a Russian prison.

US adds 5.28 lakh jobs in July, unemployment rate falls to 3.5%

The US added 5.28 lakh jobs in July with the unemployment rate falling to 3.5%. The report comes days after the US government reported that job vacancies across the country had dropped by 6.05 lakh to 1.07 crore by June-end. The department also revised data for June, showing 3.98 lakh jobs created instead of the previously reported 3.72 lakh.

France going through its most severe drought ever, says PM Borne

France is facing the "most severe drought" ever recorded in the country, French Prime Minister Élisabeth Borne warned in a statement on Friday. Many areas in France are going through a "historic situation" as the country endures its third heatwave this summer, she said. Borne announced the activation of a government crisis unit due to the situation

Agreements News

NIESBUD tie-up with Hindustan Unilever Ltd to develop entrepreneurial skills 

National Institute for Entrepreneurship and Small Business Development (NIESBUD) and Hindustan Unilever Limited (HUL) signed a memorandum of understanding (MoU) for developing entrepreneurial skills among the youth and identifying other aspects for mutual collaboration.  The alliance will further enhance employment generation and create sustainable livelihood opportunities, giving a major boost to nano and micro-entrepreneurship advancement in the country.

Agreement Between NPCI and IIT Kanpur for Research Collaboration 

A Memorandum of Understanding (MoU) between the National Payments Corporation of India (NPCI) and the Indian Institute of Technology (IIT), Kanpur, paves the way for the exchange of creative ideas and collaboration on the creation of homegrown digital payment solutions.  The collaboration will also aid in strengthening cybersecurity safeguards for the goods and services provided by NPCI and its affiliates. The MoU will spur NPCI and IIT Kanpur to work together on a variety of projects.

Amazon India signed an agreement with Indian Railways to boost delivery 

Amazon India has engaged with the Railway of India to boost its delivery services in the country. Through this partnership, Amazon India will be able to transport packages on more than 110 inter-city routes, ensuring one to two-day delivery for its customer.  Amazon began working with the Indian Railways in 2019. The company has increased its transportation lanes five-fold, it said.  Amazon is one of the enablers for the company to offer 1-day and 2-day delivery promises to customers in the hinterlands of the country. It is now working with Railways in more than 110 inter-city routes.

IOCL and Bangladesh ink MoU to supply emergency petroleum products 

A Memorandum of Understanding (MoU) for the emergency delivery of petroleum products via Bangladeshi territory to India was signed by the Indian Oil Corporation Limited (IOCL) and the Bangladesh Roads and Highways department in Dhaka.  The Indian High Commission stated in a tweet that this is an interim setup to help with the urgent supply of petroleum products due to damage caused by the flood in Assam this year.  Oil tankers will enter from Meghalaya and travel into Bangladeshi territory on their way to Tripura. For use of Bangladeshi land, the IOCL shall be responsible for paying all administrative costs, fees, and local taxes, including the road usage fee.

BANKING, BUSINESS AND ECONOMY

 

Crypto exchange WazirX's bank assets worth ₹65 crore frozen by ED

ED has frozen bank assets worth ₹64.67 crore of Indian cryptocurrency exchange WazirX following a search on the premises of its Director Sameer Mhatre. ED said the action is for "assisting accused instant loan app companies in laundering fraud money via purchase and transfer of virtual crypto assets". The government earlier said ED is probing WazirX transactions worth ₹2,790 crore.

 

4th RBI Monetary Policy review: Repo rate raised by 50 bps 

The Reserve Bank of India has retained its retail inflation forecast for the current fiscal year at 6.7 per cent. It has increased the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.40 per cent with immediate effect.  RBI hiked the policy repo rate for the third time in a row. The Reserve Bank of India’s Monetary Policy Committee is headed by the Reserve Bank of India (RBI) Governor Shaktikanta Das.

Consequently, the various rates are as under:

Policy Repo Rate: 5.40%

Standing Deposit Facility (SDF): 5.15%

Marginal Standing Facility Rate: 5.65%

Bank Rate: 5.65%

Fixed Reverse Repo Rate: 3.35%

CRR: 4.50%

SLR: 18.00%

 

India's Trade Deficit At Record High: 31 billion Dollar 

India’s trade deficit widened to a record $31.02 billion in July, as imports of goods surged despite curbs and merchandise exports contracted for the first time in 20 months.  July merchandise exports declined by 0.76% from a year ago to $37.24 billion, while imports grew 44% to $66.26 billion during the month because of high commodity prices and a weak rupee, data released by the ministry of commerce and industry showed.  Trade deficit is said to take place when the imports done by a country exceed that of the exports done by a country in a fiscal year.

Defence News

India-US Armies to hold mega military exercise “Yudh Abhyas” in Uttarakhand’s Auli 

The Indian Army and the US Army will conduct the 18th edition of the fortnight-long mega military exercise “Yudh Abhyas” from October 14 to 31, 2022, at Auli in Uttarakhand.  The exercise is aimed at enhancing understanding, cooperation and interoperability between the two armies. The previous edition of the exercise took place in Alaska, the US, in October 2021.  The exercise is aimed at enhancing understanding, cooperation and interoperability between the armies of India and the US.  The "Yudh Abhyas" exercise is taking place in the backdrop of India's lingering border row with China in eastern Ladakh.

Summits and Conferences News

IDF World Dairy Summit 2022 to be held in New Delhi

International Dairy Federation World Dairy Summit (IDF WDS 2022), is scheduled to be held in New Delhi from September 12. India will look to improve its per animal milk productivity by drawing lessons from advanced nations.  Currently, the world’s largest milk producer with about 210 million tonnes of production per year, India lags behind many advanced countries in dairy productivity.  This, according to dairy sector leaders, will be a key takeaway for the country from the Summit that has a theme of “livelihood and nutrition”.

India to host special meeting of UN SC Counterterrorism Committee 

In October, India will host diplomats from the UN Security Council's 15 member countries for a special counterterrorism meeting. India's two-year term as an elected non-permanent member of the UN Security Council is halfway over. In December of this year, India's term on the Council will come to a close, and for that month, it will also serve as President of the influential UN body.  India will welcome diplomats from the 15-nation Security Council, including the US, China, and Russia, for the special meeting of the Security Council Counter-Terrorism Committee in October.

Sports News

 

Deepak Punia defeats Pakistan's Inam to win India's 3rd gold medal of the day at CWG 2022

Indian wrestler Deepak Punia defeated Pakistan's Muhammad Inam to bag a gold medal in the men's freestyle 86 kg category at CWG 2022. Deepak won the gold medal in his first-ever CWG. India have bagged three gold medals in wrestling at CWG 2022 today. Overall, India have bagged nine gold medals at CWG 2022.

 

 

Commonwealth Games 2022: Sudhir won the gold medal in men's heavyweight para powerlifting

Sudhir claimed the gold medal in the men’s heavyweight para powerlifting event at the Commonwealth Games 2022. Sudhir, an Asian Para Games bronze medallist, lifted 208kg in his first attempt before increasing it to 212kg in his second effort to gather 134.5 points and break the Games record.  Ikechukwu Christian Obichukwu won the silver with 133.6 points, while Micky Yule bagged the bronze with 130.9 points.  The 27-year-old Sudhir, who has an impairment due to the effects of polio, thus opened India’s para sports medal account in the ongoing CWG.

Obituaries News

Former Australian boxing world champion Johnny Famechon passes away 

Former Australian featherweight boxing world champion Johnny Famechon has passed away. He was 77. He was associated with professional boxing for more than 20 years and had a record of 56 wins, which includes 20 by knockout, six draws and five losses.  The Australian boxer’s most memorable world title victory was his WBC points decision win against Cuban Jose Legra at London’s Albert Hall in 1969. Famechon boxed professionally for more than 20 years and had a record of 56 wins, 20 by knockout, six draws and five losses.

@@@@

Karnataka Bank - Federal Bank current affairs 04082022

 

CURRENT AFFAIRS SNIPPETS

04th August 2022

 

National News

'Flood tourism' will not be permitted: Kerala minister amid rains

Amid rains in Kerala, state minister K Rajan on Wednesday said that people should strictly avoid going to areas which are inundated or flooded as part of a growing trend of “flood tourism”. He warned that such activities will not be permitted and police would be used to remove such persons.

CJI NV Ramana recommends Justice UU Lalit's name as his successor

Chief Justice of India NV Ramana has recommended Justice Uday Umesh Lalit's name as his successor. Justice Lalit will become the 49th CJI. Justice Lalit, who enrolled as an Advocate in June 1983, practised in the High Court of Bombay till December 1985 and was appointed Judge of the Supreme Court of India in August 2014.
No shortage of foodgrain in country: Union Agriculture Minister

Union Agriculture Minister Narendra Singh Tomar informed the Parliament that there is no shortage of foodgrain in the country and stocks are sufficient to meet the demand. There are adequate stocks in the “central pool”, he added. "As on July 1, 2022, the actual stock of wheat is 285.10 LMT against the buffer norm of 275.80 LMT," Tomar said.

6 National Highway projects launched in MP by Union Minister 

In Indore, Madhya Pradesh, 6 National Highway projects totaling 119 km and costing Rs. 2300 crore were formally opened and the foundation stone was laid by Union Minister for Road Transport and Highways Shri Nitin Gadkari.  The villages in the Indore-Harda segment will be better connected to Indore. He stated that the expansion of the Dhar-Pithampur Industrial Corridor would result in more job opportunities.  According to the Minister, travel times between Tejaji Nagar (Indore) and Burhanpur and Indore and Harda will be shortened, saving fuel. He claimed that travellers heading to Omkareshwar and Khandwa will have easy access to the routes.  The State Government and NHAI signed a memorandum of understanding during this initiative to build ropeways at 14 designated locations in Madhya Pradesh.

Wild Life (Protection) Amendment Bill, 2021 approved by Lok Sabha 

The Wild Life (Protection) Amendment Bill, 2021 is approved by the Lok Sabha. The Wild Life (Protection) Act of 1972 already protects a number of species, but the proposed legislation would also implement CITES, the Convention on International Trade in Endangered Species of Wild Fauna and Flora. The Rajya Sabha still needs to pass the Bill, though.  According to Bhupender Yadav, the Union Environment Minister, the government operates under the Vasudhaiva Kutumbakam principle and strives to improve both humankind and all other animal species.  The Union Environment Minister has also urged people to avoid purchasing upscale goods derived from animals from threatened or endangered species.

Ministry for Commerce & Industry: India recognising over 75000 startups so far

Union Minister for Commerce & Industry, Piyush Goyal has announced that India has achieved a landmark milestone, wherein 75000 startups have been recognized in the country.  The Department for Promotion of Industry and Internal Trade (DPIIT) has recognized more than 75,000 startups- a milestone which coincides with the 75th year of independence.  Startup India program which was primarily set up to provide an enabling environment for the startups has today evolved into the launchpad for them.

Andhra Pradesh emerges as winner in Utilisation of Agri-Infra funds 

When it comes to using cash for agricultural infrastructure, Andhra Pradesh comes out on top (Agri Infra Fund). By placing a strong emphasis on infrastructure development at the farm gate, it has become the best state.  At a ceremony in New Delhi, Union Minister of Agriculture and Family Welfare Narendra Singh Tomar presented B. Srinivasa Rao, CEO of State Rythu Bazars, with the award for the best state in the nation in terms of utilising Agri Funds in the fiscal year 2021–22.

Kerala CM launched eggs and milk scheme for Anganwadi children 

Kerala Chief Minister, Pinarayi Vijayan has inaugurated a project of the Women and Child Development department.  This project help to provide milk and eggs to children at all Anganwadis in the state in a bid to improve their nutrition levels. The state government has set aside over Rs 61.5 crore to include milk and eggs in the Anganwadi menu this financial year.  Under this scheme, which is considered as a first in the country, each child will be given 125 ml of milk two days a week for 44 weeks (10 months) and an egg twice a week.  Under this project, four lakh children in the age group of 3-6 from the 33,115 anganwadis of the state will receive eggs and milk twice a week.

Appointments News

Suresh N Patel sworn in as Central Vigilance Commissioner 

Vigilance Commissioner, Suresh N. Patel was appointed as the Central Vigilance Commissioner. He has been working as the acting Central Vigilance Commissioner (CVC) since June this year.  He was sworn in as the chief of the Central Vigilance Commission by President Droupadi Murmu at Rashtrapati Bhavan. The ceremony was also attended by Prime Minister Narendra Modi and Vice President M. Venkaiah Naidu. Former Indian Administrative Service (IAS) officer Sanjay Kothari had completed his term as the CVC on June 24 last year.

IFS officer Shweta Singh appointed as Director of PMO 

According to a Personnel Ministry, 2008 batch Indian Foreign Service (IFS) officer, Shweta Singh was appointed as a director in the Prime Minister's Office (PMO).  The Appointments Committee of the Cabinet (ACC) approved Singh's appointment for a period of three years from the date of her joining.  The ACC has cancelled the appointment of Aniket Govind Mandavgane, a 2009-batch IFS officer, as the Deputy Secretary in the PMO. Mandavgane was on July 18 appointed as the Deputy Secretary.

Senior-most judge of Supreme Court U U Lalit, in line to become next CJI 

Senior-most judge of the Supreme Court of India, Justice U U Lalit, who is in line to become the next Chief Justice of India (CJI).  He has been part of several landmark judgements including the one which held the practice of divorce through instant 'triple talaq' among Muslims illegal and unconstitutional.  Justice Lalit is in line to become the 49th CJI of India on August 27, a day after incumbent Justice N V Ramana demits the office.

 

International News
China fires multiple missiles around Taiwan

China fired multiple missiles around Taiwan on Thursday as it launched its largest-ever military exercises a day after a visit by US House Speaker Nancy Pelosi. Taiwan's Defence Ministry said several Dongfeng missiles had been fired in waters to the northeast and southwest of the island. The last time China fired missiles into waters around Taiwan was in 1996.

 

 

UN General Assembly deemed a healthy environment a Human Right 

The United Nations General Assembly (UNGA) adopted a resolution that recognised everyone's right to a healthy environment. It was stated that the action is a crucial one in halting the alarming decline of the natural environment.  India supported the resolution but abstained from one of the resolution's key clauses. It expressed dissatisfaction with the resolution's methodology and content.  The UNGA recognises the right to a clean, healthy, and sustainable environment as a human right, according to the resolution's operative paragraph 1.  Ashish Sharma, a counsellor at India's Permanent Mission to the UN, asked that this comment be recorded in the meeting's official records.

Samsung scales back production in Vietnam as demand falls: Reports

Samsung Electronics has cut down production at a smartphone plant in Vietnam as retailers and warehouses deal with increasing inventory amid global fall in consumer spending, reports said. US retailers like Best Buy, Target Corp warn of slowing sales. Plant workers said they are shifting to three-day and four-day work week as six-day work week and overtime is not needed.

.
BANKING, BUSINESS AND ECONOMY

CNG price increases by ₹6 per kg in Pune; 7th hike since April

The price of compressed natural gas (CNG) has been increased by ₹6 in Pune, effective from Thursday. CNG will now cost ₹91 per kg in Pune. This is the seventh price hike since April this year. "Overall, there is a shortage of CNG as there is no supply from Russia and Ukraine," All India Petroleum Dealers Association spokesperson said.

Bharti Airtel to roll out 5G services this month, signs equipment deals

Bharti Airtel has signed 5G equipment service deals with Ericsson, Nokia and Samsung, and will start rolling out 5G services later this month, the telecom operator said. Bharti Airtel acquired 19,867.8 MHz spectrum worth ₹43,084 crore in the country's first-ever 5G spectrum auction. "Airtel will work with the best technology partners from across the world," its MD and CEO said.

RBI permitted use of INR for foreign commerce invoices and payments 

Bhagwat Kisanrao Karad, the Union Minister of State for Finance, informed the Rajya Sabha that the Reserve Bank of India (RBI) has permitted foreign trade invoices and payments to be made in the Indian Rupee.  By means of a circular titled International Trade Settlement in Indian Rupees (INR) that was published on July 11, 2022, the central bank has permitted payments for international trade in the Indian currency.

Gold prices in India rise, trade at ₹51,815 per 10 gram

Following positive global cues, gold prices in India traded higher on Thursday at ₹51,815 per 10 gram. Gold October futures traded higher by ₹461 at ₹51,850 per 10 gram on the Multi Commodity Exchange. Silver September futures rose ₹57,880 per kg. A pullback in the US dollar and Treasury yields led gold prices to edge higher globally

 

Ranks and Reports News

Fortune Global 500 list: LIC breaks into Fortune 500 list

Indian statutory insurance and investment corporation, Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500 list.  The nation’s biggest life insurer with revenue of USD 97.26 billion and a profit of USD 553.8 million, was ranked 98th on the just released Fortune 500 list. This is the first outing of LIC on the list, which ranks listed companies by sales.

Ramsar sites: India adds 10 new wetlands in the list 

India adds 10 more wetlands designated as Ramsar sites to make a total of 64 sites in the country. The 10 new sites include Six (6) sites in Tamil Nadu and One (1) each in Goa, Karnataka, Madhya Pradesh and Odisha.  Designation of these sites would help in the conservation and management of wetlands and the wise use of their resources.  India is one of the Contracting Parties to the Ramsar Convention, signed in Ramsar, Iran, in 1971. India signed it on 1st Feb 1982.  So far 64 wetlands covering an area of 12,50,361 ha have been designated as Ramsar Sites of International Importance in India, till date.

Sports News

Commonwealth Games 2022: Tejaswin Shankar wins India's first High Jump Medal 

India’s Tejaswin Shankar won India's first medal in athletics at the Commonwealth games 2022, by clinching a historic bronze in the men’s high jump final.  Tejaswin, competing for India for the first time in four years nailed a landing of 2.22m to secure a podium finish. He did not have trouble clearing 2.5m and 2.10m in the opening two jumps.  Then 2.19m and 2.22m quite easily on the first try. He though failed to clear 2.25 but clinched the bronze medal after being quicker to jump 2.22m against the fourth-placed athlete. He attempted 2.28m on his last jump but failed.

Commonwealth Games 2022: Tulika Maan wins silver in women's 78kg judo event 

Indian judoka, Tulika Maan settle for a silver medal in the women's 78kg category in the Commonwealth Games 2022.  Tulika Maan gets India's second silver medal in Judo and third overall in the Judo, as she conceded a defeat by Ippon to Scotland's Sarah Adlington in the Women's +78kg final.

44th Chess Olympiad: Tania Sachdev Shines in Indian Women Team 

Tania Sachdev has registered a 2.5-1.5 win for India against Hungary in the fourth-round match of women section at the 44th Chess Olympiad in Mamallapuram, Chennai. She thrashed Zsoka Gaal to earn a decisive point as well as a match for the team.  Koneru Humpy, Dronavalli Harika and R Vaishali ended with a draw in their respective encounters. Tania Sachdev is an Indian chess player, who holds the FIDE titles of International Master and Woman Grandmaster.  She is a two-time Indian women's chess champion in 2006 and 2007, one-time Asian women's chess champion in 2007 and three-time and current Commonwealth Women's Chess Champion in 2016, 2018 and 2019.

Commonwealth Games 2022: Saurav Ghosal wins India's first-ever singles medal in squash

India's Saurav Ghosal has clinched the bronze medal in squash men's singles by beating James Willstrop of England 11-6, 11-1, 11-4 to take India's Commonwealth Games 2022.  This was also India's first-ever medal in squash singles at the Games. He had lost the men's singles semi-final 3-0 (11-9 11-4 11-1) to New Zealand's Paul Coll.

Commonwealth Games 2022: Indian weightlifter Gurdeep Singh wins bronze in men's

India's Gurdeep Singh won a bronze medal in the men's 109+kg weightlifting event. Gurdeep lifted a total weight of 390kg (167kg+223kg) in the final, as he won India's 10th weightlifting medal at the ongoing edition of the Games.  Gurdeep joined Gururaja Poojary and Lovepreet Singh to add a third bronze medal in weightlifting for India.  The gold went to Pakistan's Muhammad Nooh Butt for his Games record-breaking lift of 405kg (173kg+232kg). New Zealand's David Andrew Liti clinched the silver for his effort of 394kg (170kg+224kg). 

 

 

 

 

 

OBITUARY

Himachal Pradesh BJP vice-president Praveen Sharma passes away aged 65

Himachal Pradesh BJP vice-president Praveen Sharma died on Thursday morning aged 65. Sharma, who was the vice chairman of Himachal Pradesh Housing and Urban Development Authority (HIMUDA), died at his residence in Amb town. He was elected from the Amb Assembly constituency in 1998 and had also served as Excise and Taxation-cum-Youth Welfare and Sports Minister.

@@@

KARNATAKA FEDERAL BANK CURRENT AFFAIRS 03082022

CURRENT AFFAIRS SNIPPETS 

03rd August 2022

National News

Kerala man going from Kanyakumari to Kashmir on skateboard dies in Haryana

Anas Hajas, a 31-year-old resident of Kerala who was travelling from Kanyakumari to Kashmir on a skateboard, lost his life after a speeding truck hit him in Haryana's Panchkula on Tuesday. Hajas had started his 3,511-km-long journey on May 29 to create awareness among people about skating. After completing this trip, he was planning trips to Nepal, Bhutan and Cambodia.

GoI released a commemorative postage stamp to honour Tricolour designer P Venkayya 

The government of India released a special commemorative postage stamp to mark the 146th birth anniversary of Pingali Venkayya, the designer of India’s national flag.  The stamp was released by Prime Minister Narendra Modi during an event “Tiranga Utsav” organised by the Ministry of Culture at Indira Gandhi Stadium, in New Delhi.  The event will also display the original design of the national flag made by Pingali Venkayya. The current flag is the modified version of the first design of the flag.  The Tiranga Utsav will also witness the grand launch of the “Har Ghar Tiranga” anthem and video. Venkayya, born on August 02, 1876, near Machilipatnam town in Andhra Pradesh, was a freedom fighter and a follower of Gandhian principles.

Tiranga bike rally organised by Union Culture Minister G Kishan Reddy 

A Har Ghar Tiranga Bike Rally by Members of Parliament was launched in Delhi from the famed Red Fort by Vice President M. Venkaiah Naidu. The Tiranga Bike rally is organised by Union Culture Minister G Kishan Reddy.  In honour of Prime Minister Narendra Modi's Har Ghar Tiranga campaign, a bike rally was held from Red Fort to Vijay Chowk. Additionally present were Union Ministers Pralhad Joshi and Piyush Goyal.

Appointments News

BharatPe appoints ex-head of SBI Card Nalin Negi as CFO

Fintech unicorn BharatPe has appointed the former head of SBI Card, Nalin Negi, as its Chief Financial Officer as the company prepares for its Initial Public Offering (IPO). In a statement, BharatPe said that Negi will be working towards making the company EBITDA positive by March 2023. Negi will be reporting to Suhail Sameer, the company's Chief Executive Officer (CEO).

Sujoy Lal Thaosen gets the additional charge of DG of ITBP 

Sashastra Seema Bal's director general in New Delhi, Dr. Sujoy Lal Thaosen assumed the additional responsibility of Director General of the Indo-Tibetan Border Police. Dr. Thaosen is a Madhya Pradesh Cadre IPS Officer from the 1988 batch.  Dr. Thaosen received the charge and traditional baton from IPS Sanjay Arora. The ITBP, established in 1962, patrols the Indo-Chinese border. Additionally, it is used for a number of internal security tasks, such as anti-Naxal operations in Chhattisgarh.

Banking, Business and Economy News

India’s services sector growth hits 4-month low in July

The S&P Global India Services PMI Business Activity Index fell from 59.2 in June to 55.5 in July as inflation, unfavourable weather and competitive pressures restricted demand. The index pointed to the slowest growth rate in four months. Meanwhile, the growth in sales was driven by the domestic market even as international demand saw a decline.

Kotak Mahindra Bank appoints Milind Nagnur as President and CTO

Kotak Mahindra Bank has announced the appointment of Milind Nagnur as President and Chief Technology Officer (CTO). Nagnur, who had been working at US-based Early Warning as CTO since June 2020, will be incharge of spearheading Kotak's technological transformation. Nagnur has previously worked with Wells Fargo Bank, JP Morgan Chase and Citigroup.

Which 9 Indian companies feature on 2022 Fortune Global 500 list?

As many as nine Indian companies feature on 2022 Fortune Global 500 list. LIC is ranked 98th, while Reliance Industries is ranked 104th. Other Indian companies on the list are Indian Oil, Oil and Natural Gas, SBI, Bharat Petroleum, Tata Motors, Tata Steel and Rajesh Exports. The list ranks the world's largest corporations by revenue for fiscal 2021.

GST collection for July 2022 second highest ever at Rs 1.49 lakh crore

Goods Services Tax collection has risen 28 per cent to touch the second-highest level of Rs 1.49 lakh crore in July on the back of economic recovery and steps taken to curb tax evasion.  Goods and Services Tax (GST) collection stood at Rs 1,16,393 crore in the same month a year ago. GST, introduced in July 2017, touched a record high of Rs 1.68 lakh crore in April 2022.  Of the Rs 1,48,995 crore GST collected in July, Central GST is Rs 25,751 crore, State GST is Rs 32,807 crore, Integrated GST is Rs 79,518 crore (including Rs 41,420 crore collected on import of goods) and cess is Rs 10,920 crore (including Rs 995 crore collected on import of goods).

RBI's Financial Inclusion Index (FI-Index) Inches Up 

The Reserve Bank of India's composite financial inclusion index (FI-Index) capturing the extent of financial inclusion across the country rose to 56.4 in March 2022, showing growth across parameters.  RBI now publishes the index annually in July every year. The index stood at 53.9 in March last year. It was at 43.4 for the period ending March 2017, showing rapid improvement in reach of financial services over the past five years.  Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way.

SIDBI and SVC bank collaborate to increase loans to MSMEs 

To increase the flow of loans to MSMEs, the SVC Co-operative Bank (SVC Bank) and the Small Industries Development Bank of India (SIDBI) have reached an agreement. Ashish Singhal, MD of SVC Bank, and Sanjeev Gupta, GM of SIDBI, inked the deal. For more than 115 years, SVC Bank has acted as a reliable partner for MSMEs.  According to the agreement, SIDBI would grant a refinancing facility to SVC Bank in order to promote loan flow, empower MSMEs, and strengthen economic ties.  The MSME sector is the backbone of the Indian economy in terms of exports, employment creation, and revenue to the exchequer.

Sports News

Saurav Ghosal becomes 1st Indian squash player to win a CWG singles medal, bags bronze

Saurav Ghosal on Wednesday created history by becoming the first-ever Indian to win a singles medal in squash in the history of CWG. The 35-year-old defeated England's James Willstrop to finish third in the men's singles event at CWG 2022. Notably, Ghosal had won silver medal in mixed doubles event at CWG 2018 in Gold Coast.

23-year-old Tulika Maan wins silver medal at CWG 2022, takes India's tally to 16 medals

Judoka Tulika Maan on Wednesday bagged a silver medal in judo at CWG 2022, taking India's medal tally at the Games to 16. The 23-year-old lost to Sarah Adlington of Scotland in the women's +78 kg category final. India have won three medals in judo at CWG 2022 so far, including one bronze and two silver medals.

Commonwealth Games 2022: Indian Team bags gold in Lawn Bowl 

India's lawn bowls women's fours team made history by winning the gold medal at the Commonwealth Games 2022.  This was the country's first medal in the lawn bowls event and the team, made of skipper Rupa Rani Tirkey, Lovely Choubey, Pinki and Nayanmoni Saikia, ended up winning the title itself after beating 2018 silver medallists South Africa.  The Indian team won against South Africa with a 17-10 victory.

Commonwealth Games 2022: India’s paddlers wins gold in Table Tennis 

India’s paddlers retained their men’s team championship title with a convincing 3-1 win over Singapore in the Table-Tennis Final of the Commonwealth Games 2022.  For India, Harmeet Desai and G Sathiyan gave India a great start by registering a win in the doubles match. However, Chew Zhe Yu Clarence won the next game to level Singapore at 1-1. But G Sathiyan and Harmeet Desai ensured India’s gold by winning their respective matches.

Commonwealth Games 2022: Indian badminton team claimed the silver medal 

Indian badminton team claimed the silver medal in the mixed group match of the Commonwealth Games 2022.  Indian badminton mixed team suffered a 1-3 defeat against Malaysia and had to settle for silver. Only PV Sindhu managed to earn a win in the summit clash against Malaysia in the women’s singles match.  In the first match of the tie, India’s Chirag Shetty and Satwiksairaj Rankireddy were locked in a tough first game against Malaysia’s Teng Fong Aaron Chia and Wooi Yik.  In the second match of the tie, PV Sindhu took on Jin Wei Goh. The opening game of the match saw the double Olympic medallist playing aggressively to take one game lead over Malayasia’s Jin Wei Goh by 22-20.  In the third match of the tie, Kidambi Srikanth went down 19-21 against Malaysia’s Ng Tze Yong in the opening game.  After the match, Malaysia took a 2-1 lead. In the fourth match of the fixture, Treesa Jolly and Gayatri Gopichand went against Muralitharan Thinaah and Koong Le Pearly Tan. Indian pair lost the first game 18-21. The Malaysian pair won the second game 21-17 to clinch the gold medal in Games 2022.

4th ONGC Para Games 2022 inaugurated by Shri Hardeep Singh Puri 

The fourth edition of the ONGC Para Games was officially launched in New Delhi's Thyagaraj Sports Complex by Union Minister of Petroleum, Natural Gas, Housing, and Urban Affairs Shri Hardeep Singh Puri.  The 4th ONGC Para Games are being held by Oil and Natural Gas Corporation Limited (ONGC) from August 2-4, 2022, and feature 275 Persons with Disabilities (PwD) who work for eight central oil and gas public organisations.

Commonwealth Games 2022: Lovepreet Singh clinches bronze medal in men's weightlifting 

Lovepreet Singh has won bronze in the men’s 109kg weightlifting final with a total lift of 355kg, taking India's medal tally in the Commonwealth Games 2022.  Cameroon's Junior has taken the lead with a total lift of 361kg.  Samoa's Jack Opeloge is second with a total lift of 358kg. Lovepreet Singh is third with a total lift of 355kg.  Australia's Jackson is the last man standing, trying to win a bronze. The Indian weightlifting contingent has now won a total of 9 medals.

Science and Technology News

Jio getting ready to launch World’s Most Advanced 5G Network across India 

Reliance Jio, owned by billionaire Mukesh Ambani, became the highest bidder for 5G spectrum, paying Rs 88,078 crore to buy over half of the airwaves offered in the most recent auction.  The Adani group paid Rs 212 crore for 400 MHz, or less than 1% of all spectrum sold, according to Telecom Minister Ashwini Vaishnaw. Jio has also acquired the 700 MHz band.  While Jio purchased spectrum across several bands, including the coveted 700 MHz band, which can provide 6-10 km of signal range and serves as a good foundation for fifth generation (5G) in all 22 circles in the country.  Adani Group purchased spectrum in the 26 GHz band, which is not for public networks.  If 700 Mhz is used, a single towner can cover a larger area.

Books and Authors News

A book titled “Lion Of The Skies: Hardit Singh Malik” by Stephen Barker 

A book titled “Lion of the Skies: Hardit Singh Malik, the Royal Air Force and the First World War” is all about an “India’s first fighter pilot” who participated in the World War, long before the Indian Air Force was born.  The book has been written by author Stephen Barker, who describes in great detail, how challenging it was for an Indian to serve in the British armed forces, fighting racial discrimination – both institutional and interpersonal.

@@@@@

CURRENT AFFAIRS SNIPPETS 02 AUGUST 2022

CURRENT AFFAIRS SNIPPETS

02nd August 2022

 

 

National News

India reported 330 deaths while cleaning septic tanks in 5 years: Government

The central government on Tuesday said 330 people died due to the cleaning of sewer and septic tanks from 2017-2021. However, Union Minister of State for Social Justice and Empowerment Ramdas Athawale added that there have been no deaths due to manual scavenging in the country. Uttar Pradesh reported the highest number of deaths at 47 from 2017 to 2021.

 

Maldives has special place in India's 'Neighbourhood First' policy: PM

PM Narendra Modi said on Tuesday that the Maldives occupies a special place in India's 'Neighbourhood First' policy. His remarks come amid Maldivian President Ibrahim Mohamed Solih's visit to India, which is Solih's third visit since assuming office in November 2018. Notably, India will extend an additional credit line of $100 million to the island nation, PM Modi confirmed today.

Can't compromise quality of education with 100% reservation: SC

Striking down the decision of the Jharkhand government reserving 100% teaching posts for locals in government-run tribal district schools, the Supreme Court said quality of education cannot be compromised due to reservation. Tribal teachers filed appeals after they were suddenly out of jobs. The non-tribal teachers called the state government's decision a violation of their fundamental rights.

 

IFS officer Shweta Singh appointed as Director in PMO

Indian Foreign Service (IFS) officer Shweta Singh was appointed as a Director in Prime Minister's Office (PMO), a Personnel Ministry order said on Tuesday. The Appointments Committee of the Cabinet (ACC) approved Singh's appointment for a period of three years. The ACC has cancelled the appointment of Aniket Govind Mandavgane as the Deputy Secretary in the PMO.

Prime Minister launch the IBU of Deutsche Bank at GIFT-IFSC 

The Gujarat International Finance-Tec City (GIFT City) in Ahmedabad is home to the Deutsche Bank AG's IFSC Banking Unit (IBU), which was opened by Prime Minister Narendra Modi.  The IBU will first offer financial products in the areas of trade finance, fixed income, and currencies, according to Deutsche Bank AG.  According to a release, the IBU will offer all authorised international finance products to Deutsche Bank's clients in India and abroad. Additionally, it will enable cash pooling and other deposit proposals for Indian and foreign clients within the parameters of the current regulations.

International News

 

Al-Zawahiri's death shows we can root out terror without war: Obama

Reacting to Al-Qaeda leader Ayman al-Zawahiri's death by US drone strike in Afghanistan, ex-US President Barack Obama said that the incident highlighted that it's possible to root out terrorism without being at war. "I hope it provides a small measure of peace to...9/11 families," he added. Zawahiri became Al-Qaeda's leader after Osama bin Laden was killed in 2011.

UN chief to visit Japan on 77th anniversary of atomic bombing

UN Secretary-General Antonio Guterres will attend the 77th anniversary of the world's first atomic bombing at the annual ceremony at Japan's Hiroshima Peace Memorial. "The ceremony aims to console the souls of those lost to...bombing...pray for...lasting world peace," UN spokesman Stephane Dujarric said. The US dropped the atomic bomb on Hiroshima on August 6, 1945, killing 1,40,000 people.
21 Chinese military planes enter Taiwan's air defence identification zone

Twenty-one Chinese military planes entered Taiwan's air defence identification zone shortly after US House Speaker Nancy Pelosi landed in Taipei on Tuesday, Taiwan said. Pelosi landed in Taiwan on Tuesday evening, defying a string of warnings from China. China called Pelosi's Taiwan visit "extremely dangerous" and said it will "launch a series of targeted military operations to counter this".

Japan, US, and South Korea participate in a missile defence drill

A joint ballistic missile defence exercise between South Korea, the US, and Japan will begin this week in the waters off Hawaii as part of increased security cooperation against North Korea's growing military threats, a media outlet claimed.  According to the sources, the biannual Pacific Dragon drill will take place. Australia and Canada will also take part in the exercise in the edition of 2022, in addition to the three other nations.  The exercise, which involves the mobilisation of eight warships and two planes, aims to improve coordination between the participating nations in the identification, tracking, and reporting of ballistic missile targets.  The exercise was planned after the defence chiefs of South Korea, the United States, and Japan decided to improve their security coordination during their trilateral meeting on June 11 in Singapore, which was held in conjunction with the annual Shangri-La Dialogue.

State News

WB to form 7 new districts, making a total of 30 districts 

The Mamata Banerjee-led West Bengal government has chosen to create seven new districts in the state in an effort to streamline administrative procedures. With this, there are currently 30 districts in West Bengal as a whole.  There used to be 23 districts in Bengal, but the number will become 30. Sunderban, Ichhemati, Ranaghat, Bishnupur, Jangipur, Behrampur, and one more district would be named in Basirhat are among the seven new districts, according to West Bengal Chief Minister Mamata Banerjee.

Appointments News

Auguste Tano Kouamé appoints World Bank's New Country Director for India 

The World Bank has appointed Auguste Tano Kouamé as the Country Director for India, effective. He replaces Junaid Kamal Ahmad who recently completed a five-year term.  He most recently served as the World Bank’s Country Director for the Republic of Türkiye, where he led the expansion of the Bank’s country program and deepened its support to Türkiye’s climate agenda.  Prior to this, he served as Director of the Department of Human Development and Economic Management in the World Bank Group’s Independent Evaluation Group (IEG) from January 2017 to April 2019.

Satyendra Prakash assume charges as new Principal DG, Press Information Bureau 

Senior Indian Information Service officer, Satyendra Prakash has been appointed as the Principal Director General of the Press Information Bureau (PIB).  A 1988 batch Indian Information Service (IIS) officer, Prakash, the Principal Director General of the Central Bureau of Communication, will succeed Jaideep Bhatnagar, who superannuated.

Agreements News

NSE and BSE approve of Zee’s merger with Sony Pictures 

The BSE and NSE stock exchanges have given Zee Entertainment their approval for Zee Entertainment’s proposed merger with Sony Pictures Networks India.  According to a statement by Zee Entertainment Enterprises Ltd., both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have accepted the planned merger with Culver Max Entertainment Private Limited (formerly Sony Pictures Networks India).  The stock exchanges’ approval is a decisive and encouraging step in the merger approval process as a whole.

BANKING, BUSINESS AND ECONOMY

India's trade deficit hits record high of $31 billion in July

India's merchandise trade deficit jumped to a new record high of $31.02 billion in July, Commerce Secretary BVR Subrahmanyam said on Tuesday. The previous record high was set in June 2022, when trade deficit was $26.18 billion. As per provisional data released by the Commerce Ministry, merchandise imports stood at $66.26 billion while exports stood at $35.24 billion in July.

 

Banks in India reported 248 data breaches in last 4 years: Govt

short by Ashley Paul / 10:56 pm on 02 Aug 2022,Tuesday

Banks in India reported 248 successful data breaches by hackers and miscreants between June 2018 and March 2022, Minister of State for Finance Bhagwat Karad said. Most of these data breaches pertain to card detail leakage and theft of business and non-business information, Karad said. Public sector banks reported 41 data breaches while private sector banks reported 205 data attacks.

 

October 1 set as the card tokenization deadline by RBI 

In a circular issued, the Reserve Bank of India (RBI), instructed all parties—aside from card networks and card issuers—to delete all previously stored Card-on-File (CoF) data by October 1, 2022.  The RBI has granted the respite in order to facilitate a smooth transition to a different payment system. In addition, the merchant and its PA involved in the online transaction may keep the data for a maximum of T+4 days or until the settlement date, whichever comes first, aside from the card issuer and the card network.

Schemes and Committees News

Monkeypox virus: Centre creates special task force under VK Paul

The Centre announced that it will set up a task force to keep track of monkeypox cases in India. Dr. VK Paul, Member (Health), Niti Aayog, will serve as the team's leader, and members will include the Secretaries of the Union Health Ministry, Pharma, and Biotech.  Dr. Paul countered that there was no need for excessive alarm but that society and the nation should remain on guard.  After India reported its first fatality from monkeypox, this step was taken. A man from Kerala who had tested positive for monkeypox in another nation passed away in Thrissur.

Awards News

Canadian Jeffrey Armstrong received the ‘Distinguished Indologist for 2021’ award

Canadian scholar, Jeffrey Armstrong has been awarded the Indian Council for Cultural Relations (ICCR) Distinguished Indologist for 2021. He has presented the award in a ceremony by Manish, India’s consul-general in Vancouver.  The citation for the award states that it has been conferred upon Armstrong “in recognition of his outstanding contribution to the study/teaching/research in India’s philosophy, thought, history, art, culture, Indian languages, literature, civilisation, society, etc”.  He becomes the seventh recipient of this award and joins the earlier recipients from Germany, China, Japan, the UK, South Korea and the USA.

Sports News

Stellar show: Anurag Thakur on Indian men's table tennis team's CWG 2022 gold

Sports Minister Anurag Thakur took to Twitter following defending champions India's gold medal win in men's table tennis team event at Commonwealth Games 2022 on Tuesday and wrote, "A stellar show by the Indian men's table tennis team." He added, "Exhilarated by the way, our paddlers led by Sharath Kamal, Sathiyan Gnanasekaran and Harmeet Desai outclassed the formidable Singapore 3-1."

They demonstrated great dexterity: PM after Indian women's lawn bowls team win gold

After India bagged gold in women's fours lawn bowls event at CWG, PM Narendra Modi tweeted, "Historic win in Birmingham...India is proud of Lovely Choubey, Pinki Singh, Nayanmoni Saikia and Rupa Rani Tirkey for bringing home the prestigious gold in lawn bowls." He added, "The team has demonstrated great dexterity and their success will motivate many Indians towards lawn bowls."

 

 

Commonwealth Games 2022: Weightlifter Harjinder Kaur claimed the bronze  medal 

India’s Harjinder Kaur claimed the bronze medal in the women’s 71kg weightlifting at the Commonwealth Games 2022 at Birmingham.  England’s Sarah Davies won gold with a Commonwealth Games record of 229kg, while young Alexis Ashworth of Canada won silver with a total lift of 214kg. '

Commonwealth Games 2022: In Judo, Shushila Devi Likmabam won the silver medal

Shushila Devi Likmabam got a silver in the women's judo 48kg final, giving India its seventh medal of the Commonwealth Games 2022.  Shushila had defeated Harriet Bonface in the quarterfinal, and notched up a second win by beating Priscilla Morand of Mauritius in the semis to assure herself a medal.  Sushila was in for a gold finish but came up short against South Africa's Michaela Whitebooi in the final.

Commonwealth Games 2022: In Judo, Vijay Kumar bagged the bronze medal

Vijay Kumar Yadav handed India second medal in Judo of the Commonwealth Games 2022 as he beat Petros Christodoulides of Cyprus in the men's 60kg tie to clinch bronze.  Earlier, India's Vijay Kumar Yadav defeated Dylon Munro of Scotland to enter the bronze medal match.  Vijay Kumar had earlier claimed a bronze medal at the Asian Open in Hong Kong in 2018. The same year he won the Commonwealth Championships in Jaipur and completed an encore in Walsall 2019.

Science and Technology News

Aurangabad: First smart city in India to receive data from Google's EIE 

The Environmental Insights Explorer (EIE) data from Google was officially released in Aurangabad on Wednesday, according to the Aurangabad Smart City Development Corporation Limited (ASCDCL).  This makes Aurangabad the first city in the nation to experience this. The data would aid research groups in formulating sustainable solutions for the city, according to ASCDCL authorities, who noted that the EIE dashboard for Aurangabad was introduced by Google during an event in New Delhi.

Nilekani Center established by IIT-M to promote Indian language technology 

The Nilekani Centre at AI4Bharat was established by the Indian Institute of Technology (IIT) Madras to advance the state of Indian language technology and make a positive social impact.  Rohini and Nandan Nilekani have donated Rs 36 crore through Nilekani Philanthropies to fund this Center, which was opened by Nandan Nilekani. IIT Madras launched the AI4Bharat programme to create open-source language AI for Indian languages.

Books and Authors News

Odisha CM Naveen Patnaik releases a book titled 'Lockdown Lyrics'

Odisha Chief Minister Naveen Patnaik has released a book titled Lockdown Lyrics’, a collection of poems written by Sanjukta Dash.  The poems are an unadulterated narration of the author’s experiences and exasperations during the pandemic. She has reflected all the trauma & tribulations and hope and aspirations of humanity during this most critical journey of society in a long time.

Important Days

World Lung Cancer Day observed globally on 01st August 

Every year, World Lung Cancer Day is observed on 01st August to raise awareness about the causes and treatment of lung cancer and highlight the issues of lack of sufficient research funding for the ailment. Lung cancer is one of the leading causes of cancer deaths among men and women.  The campaign was first organised in 2012 by the Forum of International Respiratory Societies (FIRS), in collaboration with the International Association for the Study of Lung Cancer (IASLC) and also the American College of Chest Physicians. The IASLC is the largest organisation in the world of its kind that only deals with lung cancer.

Muslim Women’s Rights Day 2022 observed on 01st August 

Muslim Women's Rights Day is observed every year on the 01st of August to celebrate the enforcement of the law against the 'Triple Talaq' rule among Muslims.  According to the Shariat or Muslim Personal Law, Muslim men were given the privilege to end their marriage anytime by uttering the word Talaq three times in a row. But the law was repealed by the Indian Government in 2019.  The day is celebrated to recognize and honour the enactment of the law against the Triple Talaq.  The Triple Talaq rule has been declared illegal by the Government of India under the Act of 2019, Protection of Marriage Rights. The Muslim women celebrate the day with utmost happiness and have welcomed the law wholeheartedly.

Obituaries News

Veteran bengali singer Nirmala Mishra passes away 

Renowned Bengali singer Nirmala Mishra has passed away. She was 81. She was born in 1938 in West Bengal’s South 24 Parganas district. She sang various songs in Bengali, Odia, and Assamese films.  Her melodies in the Bengali language include ‘Eamon Ekta Jhinuk’, ‘Bolo to Arshi’ and ‘Eai Banglar Mati Te’.  The West Bengal government has also awarded her ‘Sangeet Samman’, ‘Sangeet Mahasamman’ and ‘Bangabhibhushan’ awards. She has been conferred with the Sangeet Sudhakar Balakrushna Das Award for her lifetime contribution to Odia music.

Former Philippine Prez Fidel Valdez Ramos passes away

Former Philippine President Fidel Valdez Ramos, has passed away due to the complications of COVID-19. He was 94. Ramos served as the 12th president of the Philippines from 1992 to 1998. He was a military officer by profession.  During his tenure, the Philippines was recognized as a budding “tiger economy”. Ramos became a hero to many for defecting from Marcos’s government, in which he led the national police force, spurring the dictator’s ownfall during the 1986 popular uprising against his rule. 

 

@@@@@@