CURRENT AFFAIRS SNIPPETS 25th APRIL 2022
CURRENT AFFAIRS SNIPPETS
25th APRIL 2022
National News
India's military spending 3rd highest in the
world at $76.6 billion: Report
India's military spending in 2021 was the third highest in the world at
$76.6 billion, according to the Stockholm International Peace Research
Institute (SIPRI). The five largest spenders in 2021 were the United States,
China, India, the United Kingdom and Russia. US military spending reached $801
billion in 2021, while China spent $293 billion on defence.
AI helps Pune graduates prepare for
interviews, apply for jobs
Over 3,000 students in less than 15 days have used Savitribai Phule Pune
University's AI-assisted digital smart interview platform to prepare for
upcoming interviews. "The industry has its requirements ready and they
have the job openings as well, the AI is helping to identify which candidates
can fit in and where," said Dr Nitin Karmalkar, Vice-Chancellor, SPPU.
K'taka makes face masks, social distancing
mandatory amid COVID-19 surge
The Karnataka government on Monday issued guidelines making face masks
mandatory in public places, workplaces and on public transport amid a rise in
COVID-19 cases in parts of the country. People have been asked to maintain
social distancing, a minimum of two feet, in public places, an official order
said. Spitting in public places will be punishable with a fine.
Posoco
ties up with IIT Delhi for research
Power System Operation Corp. Ltd.'s (Posoco) Northern Regional Load Despatch
Centre signed a memorandum of understanding with Indian Institute of
Technology, Delhi (IIT Delhi) to encourage research on issues relating to
India's power sector and strengthen interaction between academia and industry. The partnership's goals are to improve
academia-industry interaction with the goal of knowledge sharing and capacity
building through collaboration, as well as to promote research on topics
related to India's power sector, such as data sciences or data analytics,
ancillary services for grid operations, short-term demand and RE forecasting
using artificial intelligence and machine learning, dynamic security
assessment, phasor measurement, and unit analytics, among others. Posoco, a state-owned company, is in charge
of the national energy grid's secure and integrated operations. The National
Load Despatch Centre (NLDC) is one of five regional load despatch centres
(RLDCs). India wants to increase its
focus on clean energy, with the government aiming for net-zero carbon emissions
by 2070 and intermediate goals through 2030.
Babita
Singh selected as new Global Peace Ambassador 2022
Babita Singh, a serial entrepreneur, was named a Global Peace Ambassador for
her work in promoting peace through education, sports, art, culture, and diplomacy
at the India International Conclave 2022, which was held in collaboration with
the Asia Africa Consortium (AAC) in New Delhi.
Babita Singh has been awarded this honour because she is one of the very
few people who have dedicated their lives to practises that promote Universal
Moral Values, Interreligious cooperation, and International Harmony in
accordance with the United Nations Human Rights Charter in order to improve the
lives of billions of people around the world.
The bureaucrats, politicians, international keynote speakers, celebrity
artists, diplomats, and ambassadors from ten other nations were all in
attendees. The conference was organised
in collaboration with On Sky Global, the United Nations World Sports Alliance,
the World Health Organization, CBSE, Primary Plus, George Washington
University, and the Bangladesh Olympic Association, with support from CBSE,
Primary Plus, George Washington University, and the Bangladesh Olympic
Association. The Asia Africa Consortium
established the AAC-Global Peace Ambassador 2022 distinction, which is the
highest honour bestowed by the Secretary General on a global citizen who
promotes socioeconomic relations and sustainable growth between Asia and Africa
in areas such as education, health, and trade.
Babita Singh has been given this accolade because she is one of the very
few people who have committed their lives to practises that promote Universal
Moral Values.
Maharashtra
is first state in India to launch a bus service with a totally digital
ticketing system
Maharashtra State Environment Minister Aditya Thackeray inaugurated the tap-in
tap-out service on the Gateway of India to Churchgate route in an effort to
make commuting across Mumbai easier. Aditya Thackeray stated during the event
that Brihanmumbai Electricity Supply and Transport (BEST) is India's first
fully digital bus service. In a few
days, all 10 buses on this route will be equipped with this technology, which
will eventually be expanded to all 438 routes.
According to Lokesh Chandra, BEST's General Manager (GM), this is the
country's first-ever 100 percent digital bus service, with the goal of
increasing the digitalisation of the bus ticketing system. It provides travellers with comfort and
convenience because they can tap-in using their smart card or the 'Chalo' app
on their cellphones. If the tourist taps
out using the app, they will receive a receipt on their phone, and if they used
the smart card, they will be able to collect their ticket.
Rajiv Kumar, Niti Aayog’s vice chairman resigns from his post
The government-run organisation, Niti Aayog's Vice Chairperson, Rajiv Kumar has
resigned due to a government order. Suman Bery, an economist, will take over as
the new head of the planning agency.
The government has authorised Rajiv Kumar's resignation and Suman Bery's
appointment, according to an order issued by the Cabinet Appointments
Committee. Rajiv Kumar will be relieved of his duties, according to the ruling. The reason for Rajiv Kumar's resignation was
not stated in the order. After Arvind
Panagariya resigned from the job in August 2017 to return to academia, Rajiv
Kumar, an economist, was named vice chairman of the Niti Aayog. He also served on the Prime Minister's
Economic Advisory Council, the Statistical Commission, and the Technical
Advisory Committee on Monetary Policy of the Reserve Bank of India.
International News
Poland, Sweden to organise donor conference
to raise funds for Ukraine
Poland and Sweden will organise an international donor conference in Warsaw
on May 5 to raise funds for Ukraine amid its invasion. "The conference
will initiate a series of aid events...in...upcoming months," the event's
press release stated. According to UN, an estimated 13 million people in
Ukraine are in need of humanitarian aid, including shelter, food and medical
supplies.
Cyber defence exercises called Locked Shields were conducted by NATO in
Estonia
A cyber organisation recognised by the North Atlantic Treaty Organisation will
undertake the world's largest and most complicated "live-fire" cyber
defence drills. The biennial Locked Shields event, according to the NATO
Cooperative Cyber Defence Centre of Excellence in Estonia, is designed to
improve the skills of cybersecurity experts protecting national IT systems and
vital infrastructure against real-time attacks.
The participants are sent to help a fake country deal with a massive
cyberattack. Over 2,000 people from 32
countries, including Ukraine, are expected to take part in the event. The Locked Shields event this year takes
place in the midst of the ongoing war in Ukraine, in which hacking has played a
steady, albeit minor, role in Russia's invasion. Hackers linked to the Russian
government have been accused of assaulting Ukrainian government offices and
attempting to break into the power infrastructure.
Russia test-fired the "RS-28 SARMAT," world's "most
powerful" nuclear-capable intercontinental ballistic missile
Russian President Vladimir Putin said that his military had successfully
test-fired an intercontinental ballistic missile capable of carrying a big
nuclear payload, but the Pentagon said the missile did not pose a substantial
danger to the US. Russia's most powerful ICBM is the RS-28 Sarmat, dubbed
"Satan 2" by NATO. It is a
super-heavy, thermonuclear-armed intercontinental-range ballistic missile. The Sarmat was supposed to take the place of
the Soviet-built Voevoda, which had three warheads and was designed in 1962. The Sarmat weighs 200 metric tonnes (220
tonnes) and has a longer range, allowing it to fly across the North and South
poles and strike targets anywhere on the planet. The Sarmat, carries a greater number of more
potent nuclear warheads.
BANKING, BUSINESS AND ECONOMY News
India's GDP expected to grow 7.5-8% in FY23:
CII President
Confederation of Indian Industry's (CII) President TV Narendran said
India's GDP is expected to grow 7.5-8% in FY23, with exports playing a key
role. Referring to the Russia-Ukraine war, Narendran said no country can remain
unaffected from events taking place outside its borders. "Even though
India's...economic engagement with Russia or Ukraine is low, this does not
shield us," he added.
Twitter set to accept Musk's $43 billion
offer: Report
Twitter is set to agree on its sale to the world's richest man, Elon
Musk, for around $43 billion in cash, Reuters reported on Monday. It is the
price that Musk had called his "best and final" offer for the social
media company. Twitter may announce the $54.20-per-share deal later on Monday,
Reuters added.
India to give an additional $500 million in Fuel Aid to Sri Lanka
India will provide an additional $500 million in financial aid to help the
Srilanka island nation buy fuel, and Bangladesh was willing to postpone $450
million in swap repayments to help Colombo.
This is the second $500 million in gasoline credit that India has given
to a Sri Lankan government grappling with the country's greatest financial
crisis in living memory. After a
shipment of 120,000 tonnes of diesel and 40,000 tonnes of gasoline earlier this
month, the first line of credit was exhausted.
India has supplied approximately 400,000 tonnes of petroleum so far. After fuel stockpiles were depleted, massive
protests erupted. AFP claimed that
thousands of irate motorists torched tyres and blocked a major road leading
into Colombo, citing police and local officials. The protests erupted after the
state-run Ceylon Petroleum Corporation increased the price of 92 octane
gasoline to LKR 338 per litre, an increase of LKR 84. The CPC raised its prices for the second time
this month.
The Lankan Indian oil giant raised its pricing for the fifth time in six months.
Dhanlaxmi Bank signed MoU with CBDT, CBIC for tax collection
For the collection of taxes, Dhanlaxmi Bank has signed a memorandum of
understanding with the Central Board of Direct Taxes (CBDT) and the Central
Board of Indirect Taxes and Customs (CBIC).
Dhanlaxmi Bank said in a regulatory filing that the Reserve Bank of
India (RBI) has authorised the bank to collect different taxes based on a
recommendation from the Controller General of Accounts. The technical integration required to
implement the seamless flow of remittances from the bank's portal to the CBDT
and CBIC portals will be implemented as soon as possible in order to give
customers early access to the facilities.
The bank was empanelled as a 'Agency Bank' by the RBI in October,
allowing it to handle general banking activity for the federal and state
governments on their behalf. It should
be noted that RBI's General Manager D K Kashyap was appointed to the bank's
board of directors for a two-year term in 2020.
To avoid any conflict of interest, the central bank normally does not
appoint its nominee to the boards of private banks unless there are
extraordinary circumstances.
Awards News
Indian-American Defense Expert Vivek Lall Selected for the 6th
Entrepreneur Leadership Award 2022
The Indo-American Chamber of Commerce has picked Indian-American chief
executive of General Atomics Global Corporation Vivek Lall for the prestigious
Entrepreneur Leadership Awards in appreciation of his contribution to the
defence sector. The Indo-American Chamber of Commerce (IACC) was founded in
1968 and is the premier bi-lateral chamber for India-US commercial cooperation. Lall, 53, has been chosen for the 'Global
Leader in the Defence and Aviation Sector' award, which will be awarded online
on Friday during an awards ceremony. The
event's chief guest will be Union Civil Aviation Minister Jyotiraditya
Madhavrao ScIndia. Lall, who has worked
for Boeing, Lockheed Martin, and now General Atomics, has been recognised by
Kentucky Governor Matt Bevin as a leader in the defence industry.
NMDC will be presented the PRSI Awards in 2022
The National Mineral Development Corporation Ltd. (NMDC) swept the Public
Relations Society of India's (PRSI) Public Relations Awards 2022, taking first
place in four categories. Shri V
Srinivas Goud, Telangana Minister of Prohibition and Excise, Sports and Youth
Services, Tourism and Culture, gave the award to NMDC's Shri Praveen Kumar, ED
(Personnel) and Shri Ch. Srinivasa Rao, DGM (Corporate Communications) on behalf
of the Navratna PSU. On behalf of the
Navratna PSU, Shri Srinivasa Rao, DGM (Corporate Communications), accepted the
honours.
Sports News
Wisden Almanack named Rohit Sharma, Jasprit Bumrah amongst “Five
Cricketers of the Year”
The Wisden Almanack has named India captain Rohit Sharma and bowler Jasprit
Bumrah among the "Five Cricketers of the Year '' for 2022. Rohit Sharma
amassed 368 runs at an average of 52.57 in four Tests, completing an
outstanding tour with a second-innings 127 at The Oval, his first Test century
away from home. Others that made the cut
include England fast bowler Ollie Robinson, South African women's player Dane
van Niekerk, and New Zealand opener Devon Conway. Former England captain Joe Root has been
crowned the World's Leading Cricketer, while South African Lizelle Lee has been
named the World's Leading Woman Cricketer, and Pakistan's Mohammad Rizwan has
been named the World's Leading T20 Cricketer.
Important Days
World Book and Copyright Day [UNESCO]: 23rd April 2022
Every year on April 23, World Book and Copyright Day is observed to promote the
love of reading. April 23 is significant in world literature because it
commemorates the death on this date of prominent writers such as Miguel de
Cervantes and William Shakespeare. This
date was an obvious option for UNESCO's General Conference, which was convened
in Paris in 1995, to pay a worldwide tribute to books and authors on this day,
urging everyone to read. Books have long
symbolised humanity's ability to conjure up worlds, both real and imagined, and
to give voice to the diversity of human experience. They provide far-reaching kinds of
conversation between individuals beyond distance and time by allowing us to
share ideas, receive information, and inspire admiration for diverse cultures. Guadalajara, Mexico, will be the World Book
Capital in 2022, with a year-long programme focusing on the role of books and
reading in inspiring social change, combating violence, and cultivating a
culture of peace. On World Book and
Copyright Day, UNESCO encourages its partners to spread the message that books
can help people address current issues, grasp political and economic realities,
and battle inequities and disinformation.
When it comes to educating younger generations, storytelling is a very
successful strategy. Books are, without a doubt, essential vehicles for
accessing, transmitting, and promoting education, science, culture, and
information around the world.
English Language Day: 23rd April 2022
The United Nations launched Language Days in 2010 to promote equal usage of the
organisation's six official languages and to celebrate multilingualism and
cultural diversity. Every year on April
23, the United Nations celebrates English Day.
The UN Department of Public Information created the event in 2010 to
"celebrate multilingualism and cultural diversity, as well as promote
equal use of all six official languages within the Organisation.
National Panchayati Raj Day 2022: 24th April
National Panchayati Raj Day is a national holiday in India that honours the
Panchayati Raj system. Every year on April 24th, it is commemorated. The 73rd
Constitutional Amendment Act, which was passed in 1992, is also commemorated on
this day. The Panchayati Raj system,
which is one of the country's oldest governing organisations, governs about 6
lakh communities in India. The day was
initially observed in April 2010 to commemorate the decentralisation of power,
which is considered one of India's most significant milestones. As Panchayati
Raj Diwas 2022 approaches, we bring you additional information about the
event's history, significance, and topic.
25 April: World Malaria Day 2022
Every year on April 25th, World Malaria Day is commemorated to raise awareness
about this life-threatening disease that continues to be a menace to humanity.
Malaria affects over half of the world's population, with the chances of people
living in poor nations catching the disease being substantially higher. The day grew out of African Malaria Day.
Since 2001, African governments have observed Malaria Day. However, it was only
in 2007, during the World Health Organization's 60th session, that it was
recommended to designate Africa Malaria Day as World Malaria Day in order to
recognise the disease's global impact. In 2008, the inaugural World Malaria Day
was observed.
The theme for World Malaria Day this year is "Harness innovation to reduce
the malaria disease burden and save lives".
25 April: International Delegate’s Day 2022
Every year on April 25th, the world celebrates International Delegates Day.
This day is commemorated to increase awareness of the function of Member
States' representatives and delegates at the United Nations. The United Nations is brought to life by
delegates. This organisation would not exist if it weren't for them. They work
with their home countries to establish agreements and cooperate. Some establish
coalitions, while others try to reach a compromise. In this sense, they
exemplify the UN's commitment to multilateralism. Delegates attend United Nations meetings to
represent their countries. The delegates speak and vote on behalf of their
country at the UN General Assembly and other fora, such as the UN Security
Council, unless a higher-ranking politician is present. The delegates are
chosen by their respective governments. As a result, they act in the best nterests
of the government they work for.
Obituary
BJP leader Tarachand Chheda dies aged 71 due
to post-COVID-19 complications
Former minister and BJP leader Tarachand Chheda passed away aged 71 at
his home in the Bhuj town of Gujarat's Kutch. Chheda had been suffering from
post-COVID-19 complications after contracting the infection in January this
year. "The viral disease left his lungs damaged which led to pneumonia and
he could not recover from that," Chheda's younger son said.
World's oldest living person, Japan's Kane
Tanaka, passes away at 119
Japan's Kane Tanaka, who was declared the world's oldest living person
by the Guinness World Records, passed away on April 19, 2022, aged 119. The
news was confirmed by Senior Gerontology Consultant Robert Young, who also
helped confirm Kane's record as the oldest person living and oldest person
living (female) in 2019. Tanaka had recently been hospitalised and discharged
repeatedly.
Former Union Home Secy Madhav Godbole passes
away at 85 in Pune
Former Union Home Secretary and IAS officer Madhav Godbole (85) passed away
at his residence in Pune due to a cardiac failure on Monday, his family said.
Godbole held several positions before retiring in 1993 including the Secretary
of the Department of Justice. He held a PhD in economics from Mumbai University
and an MA from Williams College, Massachusetts.
Prasoon Joshi's mother Sushma Joshi passes
away
Lyricist and Central Board of Film Certification (CBFC) chief Prasoon
Joshi's mother Sushma Joshi passed away on Sunday. Sushma had worked with All
India Radio for over three decades. She was also a lecturer of political
science and a classical singer. Her last rites were held at Ram Bagh Shamshan
Bhumi in Gurugram.
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