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03rd June 2022

National News

Pushkar Singh Dhami wins Champawat bypolls, to remain Uttarakhand CM

BJP leader Pushkar Singh Dhami on Friday won the Champawat bypolls by over 55,000 votes and he will now continue to remain the Chief Minister of Uttarakhand. He defeated Congress' Nirmala Gahotri, SP candidate Manoj Kumar and independent candidate Himanshu Garkoti. PM Narendra Modi congratulated Dhami and said, "I'm confident he will work even harder for the progress of Uttarakhand."

IIT Delhi student wins world's largest coding contest, gets ₹7.76 lakh

An IIT Delhi student has won the global coding contest, TCS CodeVita season 10, which saw the participation of 1,00,000 contestants from 87 countries. Computer Science Engineering student Kalash Gupta took home the top reward of $10,000 (around ₹7.76 lakh), a TCS press release said. CodeVita has been entitled the world's largest computer programming competition by Guinness World Records.

Union Minister Anurag Thakur Launches Nationwide Fit India Freedom Rider Cycle Rally 

Union Minister for Youth Affairs and Sports, Anurag Thakur has launched a nationwide 'Fit India Freedom Rider Cycle rally' on World Bicycle Day.  Thakur said that by riding a bicycle we can accomplish the goal of the Fit India Movement, the Khelo India movement, the Clean India movement & Healthy India movement. Fit India Movement, Khelo India movement, Clean India movement & Healthy India movement all can be accomplished by riding a bicycle. It'll also cut down the pollution level.  Notably, World Bicycle Day is observed on June 3 every year to promote the use of bicycles and their benefits. The World Health Organization (WHO) is of the opinion that providing bicycles to the world's poorest people and communities will help in the prevention of 1.5 million premature deaths and 5 billion pounds of greenhouse gas emissions each year.

 

Punjab Government To Start e-Stamp Instead Of Paper Stamp 

The Punjab government has decided to abolish the physical stamp papers in an attempt to bring efficiency and check the pilferage of State revenue. Punjab Revenue Minister Bram Shanker Jimpa launched the ‘e-stamp facility’ here.  Following this, stamp paper of any denomination can now be obtained via ‘e-stamp’, which includes computerised print-out from any stamp vendor or from banks authorised by the State government.  The Punjab government will pay a commission of 2% to the stamp vendors on e-stamps ranging from Rs 1 to Rs 19,999, while the general public would get stamp paper at the actual rate. For instance, they will have to pay only Rs 100 for a stamp paper of Rs 100 and no extra commission will be levied. This step will also help in curbing the stamp paper-linked fraud.

 

SC bans mining, factories within 1 km of national parks, sanctuaries

There can be no mining and factories in a one-kilometre buffer zone around wildlife sanctuaries and national parks, Supreme Court said. If existing Eco-Sensitive Zone goes beyond buffer zone or if any statutory instrument prescribes a higher limit, then such extension shall prevail, SC added. Manufacturing and similar activities underway along these zones will go on only with official permission.

Govt approves 8.1% interest rate on EPF deposits for FY22, lowest in 4 decades

The central government has approved an interest rate of 8.1% on employee provident fund (EPF) deposits for 2021-22, news agency PTI reported citing an office order from the Employees' Provident Fund Organisation (EPFO). In March, the EPFO had lowered the rate to 8.1% from 8.5% in the previous year, marking the lowest EPF interest rate in more than 40 years.

 

Punjab & Sind Bank MD & CEO S Krishnan retires

Punjab & Sind Bank Limited, an Indian nationalised bank, announced that its MD & CEO, S Krishnan to retire from the role, with effect from May 31, 2022.  He was appointed as Managing Director & Chief Executive Officer of Punjab & Sind Bank from the date of assumption of office till the date of his superannuation, i.e. 31.05.2022 or until further orders, whichever is earlier. It is now informed that Shri S Krishnan has retired upon his superannuation on 31.05.2022.  S Krishnan, a postgraduate in Commerce (M.Com) and qualified Cost Accountant (ICMA), took charge as Managing Director & Chief Executive Officer (MD & CEO) of Punjab & Sind Bank on 4th September 2020.  Prior to joining Punjab & Sind Bank as MD & CEO, Krishnan was Executive Director of Syndicate Bank and Canara Bank. He started his carrier in Indian Bank in January 1983. He has a long and varied field of banking and administrative experience of nearly 38 years.

Former SBI MD Ashwani Bhatia takes charge as whole-time member at SEBI 

Ashwani Bhatia has taken charge as a whole-time member (WTM) at the market regulator Securities and Exchange Board of India (Sebi). Bhatia was previously the managing director of the state-owned State Bank of India (SBI). After Bhatia’s joining, Sebi now has three WTMs.  The government is yet to appoint the fourth member. The market regulator functioned with just two WTMs for the past seven months after Sebi’s current chairperson Madhabi Puri Buch’s tenure as WTM ended on October 4, 2021, and G. Mahalingam demitted office on November 8, 2021.  For the appointment of the WTM post at Sebi, the candidates are shortlisted by the Financial Sector Regulatory Appointments Search Committee (FSRASC), headed by the Cabinet Secretary.  Bhatia has been appointed for an initial period of three years from the date of assuming charge. In August 2020, he was elevated as MD of SBI, where he joined as a probationary officer in 1985. Before that, he was working as the MD and chief executive officer of SBI Mutual Fund.

Delhi govt to name colonies & streets after Babasaheb Ambedkar

Following the Central government’s guideline advising against the usage of the word ‘Harijan’, the Delhi government is set to replace the word ‘Harijan’ from names of colonies & streets and name them after Babasaheb Ambedkar instead.  In this vein, Social Welfare Minister Rajendra Pal Gautam has tabled a proposal to rename all streets and colonies under Delhi Government titled as ‘Harijan’ after Dr Ambedkar.  The Social Welfare Minister also chaired an important meeting in this regard with senior officials to expedite the process with officials from the concerned departments to act on the matter and issue a notification on the same. The Delhi Government strives to uplift the SC, ST, and OBC communities

International News

Instagram’s new feature to help find missing children 

Instagram has launched an ‘alert’ feature to help find missing children. The photo-sharing app has partnered with various organisations globally to set up the feature. The feature will display details about missing children on users’ Instagram feed if they are in a specific area where an active search is taking place.  The alerts on the Meta-owned platform will include details such as a child’s photo, description, and location of the abduction. Instagram will show users alerts based on information like their IP address and location services (if it is turned on), it noted.  The social media platform said it has developed the child emergency alert feature in collaboration with organisations like the National Center for Missing & Exploited Children (NCMEC) in the U.S., the International Centre for Missing & Exploited Children, the National Crime Agency in the U.K., the Attorney General’s Office in Mexico, the Australian Federal Police, among others.

Indian American Harini Logan Wins 2022 Scripps National Spelling Bee 

Harini Logan was eliminated from the Scripps National Spelling Bee once, then reinstated. She missed four words in a gruelling standoff against Vikram Raju, including one that would have given her the title. In the first-ever lightning-round tiebreaker, Harini finally claimed the trophy.  The 13-year-old eighth-grader from San Antonio, Texas, who competed in the last fully in-person bee three years ago and endured the pandemic to make it back, spelt 21 words correctly during a 90-second spell-off, beating Vikram by six.  Harini, one of the best-known spellers entering the bee and a crowd favourite for her poise and positivity, wins more than $50,000 in cash and prizes. She is the fifth Scripps champion to be coached by Grace Walters, a former speller, fellow Texan and student at Rice University who is considering bowing out of the coaching business. If so, she will depart on top.

 

 

Appointments News

Javier Olivan Taking Over As The Meta New Chief Operating Officer 

Javier Olivan, the current chief growth officer at Meta Platforms, will take over as the company's chief operating officer after Sheryl Sandberg stepped down from the post. Olivan has been with Meta, formerly known as Facebook, for several years, contributing to its explosive expansion.  Olivan will be responsible for the advertising and business products while continuing to head infrastructure and corporate development.  Olivan grew up in a small town in the Pyrenees Mountains of northern Spain but now lives in Palo Alto, California, with his family.  He studied electrical and industrial engineering at the University of Navarra and also holds a Master’s degree in business administration from Stanford University, Facebook revealed.  Prior to joining Facebook, he worked with Siemens AG where he is said to have led a cross-functional team responsible for the development and market launch of handset devices. He also worked for Japan’s NTT Data, his LinkedIn account revealed.

 

 

SPORTS

 

Olympian Anjum Moudgil wins silver at ISSF Shooting World Cup 2022

Olympian Anjum Moudgil won a silver medal in 50m Rifle 3 Positions Women at ISSF Shooting World Cup 2022 in Baku on Friday. Anjum lost 12-16 in gold medal match against Denmark's Rikke Maeng Ibsen. In ranking match, Anjum finished second to Ibsen with a 406.5 to the Dane's 411.4. India are currently third in the standings.

Science and Technology News

Country's First Liquid Mirror Telescope Comes Up in Uttarakhand

The first liquid mirror telescope in the country and the largest in Asia - was commissioned atop Devasthal, a hill in Uttarakhand. This will now keep a watch on the overhead sky to identify transient or variable objects such as supernovae, gravitational lenses, space debris, and asteroids.  The Indian Liquid Mirror Telescope (ILMT) will help in surveying the sky, making it possible to observe several galaxies and other astronomical sources just by staring at the strip of sky that passes overhead.  Built by astronomers from India, Belgium and Canada, the novel instrument employs a 4-meter-diameter rotating mirror made up of a thin film of liquid mercury to collect and focus light.  It is located at an altitude of 2,450 metres at the Devasthal Observatory campus of Aryabhatta Research Institute of Observational Sciences (ARIES), an autonomous institute under the Department of Science and Technology (DST), Government of India in Nainital district, Uttarakhand.

ISRO chairman inaugurates new spacecraft manufacturing facility 

Dr S Somanath, the chairman of the Indian Space Research Organisation (ISRO), inaugurated ANANTH Technologies’ spacecraft manufacturing unit at Karnataka Industrial Area Development Board (KIADB) Aerospace Park. The new state-of-the-art spacecraft manufacturing facility can conduct assembly integration and testing of four large spacecraft simultaneously.  This is a first of its kind facility in India, adding that since its establishment in 1992, Ananth Technologies has contributed to the manufacturing of 89 satellites and 69 launch vehicles built/launched by ISRO.  The 15,000 sqm facility is capable of conducting the assembly, integration and testing of four large spacecraft at the same time, with four separate units present within the facility.  Over the years, ANANTH Technologies has successfully contributed to major launches of ISRO. Our technology acumen is such that none of the sub-systems supplied by ANANTH Technologies has ever failed in orbit.

Important Days

World Bicycle Day 2022 observed on 3rd June 

World Bicycle Day is marked on 3rd June every year to recognise bicycling as a way to get a sustainable form of travelling that also ensures one's physical well being.  The day celebrates the tradition of cycling and its significant role in keeping our health fit. Cycling is a multidimensional exercise with numerous health benefits.  World Bicycle Day becomes all the more significant with the growing concerns around the lack of physical activities among people and its health hazards.  A cycle is a clean, affordable, and environment-friendly mode of transportation and promoting its use contributes to the conservation of nature and achieving cleaner air and environment. Moreover, encouraging the poorest section of the society to use a cycle might also help reduce cases of heart disease and diabetes.  World Bicycle Day was first marked on June 3, 2018, when the United Nations first adopted a resolution during the 72nd Regular Session of the United Nations General Assembly in New York City in April.  The declaration was adopted by more than 193 member states that encouraged them to include bicycles in regional, international, and subnational development programmes and policies.

Obituaries News

Freedom fighter Anjalai Ponnusamy passes away 

Freedom fighter Anjalai Ponnusamy, who fought for India’s independence from colonial Britain, died, aged 102. At the age of 21, Anjalai joined the Rani of Jhansi Regiment – the women’s regiment of the Indian National Army – in the hopes of discarding the yoke of British colonialism from the Indian people.  A prominent figure in the struggle for India’s independence, Bose was a contemporary of Mahatma Gandhi, who shared his dream of an India free from British rule.  To accomplish this, he founded the Indian National Army in 1943, albeit with the support of the Japanese, during World War II. After the war ended with the Japanese defeat, the Indian National Army was disbanded, and Anjalai returned home to continue her life in Malaysia.

 

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