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26th April 2022

National News


PM to visit Assam to lay foundation stone for projects on April 28

Prime Minister Narendra Modi will visit Assam on April 28 to lay the foundation stone for several projects including Veterinary College (Diphu), Degree College (West Karbi Anglong) and Agricultural College (Kolonga, West Karbi Anglong). The PM will also address a rally at Diphu in Karbi Anglong district, as per the Prime Minister's office.

After PMs meet on COVID-19, curbs to resume at airports: K'taka CM

Karnataka Chief Minister Basavaraj Bommai said that precautionary measures at airports may be reintroduced after the Prime Minister’s meeting on COVID-19. "Depending on advisory from the Centre following the PM’s meeting with CMs tomorrow, all precautionary measures will resume at airports and border districts, especially those bordering Maharashtra and Kerala," Bommai stated.


NITI Aayog released draft battery swapping policy 

NITI Aayog has released a draft battery swapping policy, under which all metropolitan cities with a population above 40 lakh will be prioritized for the development of a battery swapping network under the first phase.  All major cities such as state capitals, UT headquarters, and cities with populations above 5 lakh will be covered under the second phase.  Importance has been given to the two-wheeler and three-wheeler vehicle segments in growing cities. According to the draft policy, vehicles with swappable batteries will be sold without a battery, providing the benefit of lower purchase costs to potential EV owners.

Khongjom Day was observed in Manipur at the Khongjom War Memorial Complex 

Rich tributes were paid in Manipur to the valiant sons of the state who made tremendous sacrifices fighting against the British in the battle of Khongjom during the 1891 Anglo-Manipuri War to maintain Manipur's independence.  Governor La Ganesan and Chief Minister N. Biren Singh, as well as the general public, attended the state-level Khongjom Day ceremony at Khongjom War Memorial Complex in Khebaching, Thoubal district.  Every year on the 23rd of April, Manipur commemorates Manipuri warriors who battled against the British, especially Major Paona Brajabashi.  The Governor and Chief Minister of Manipur joined the people of Manipur in a floral homage to the heroes. At Khebaching, two minutes of silence were held, as well as a gun salute.  Chief Minister N. Biren Singh, speaking at the event, stated that the younger generation must remember our forebears' sacrifices and always fight for a united nation.  Chief Minister also thanked the Centre for renaming Mount Harriet in the Andaman & Nicobar Islands as Mount Manipur. He explained that the decision was made in honour of Manipur fighters' sacrifice.

Karnataka govt launched Social Awareness Campaign "SAANS"

Health and Medical Education Minister of Karnataka, Keshava Reddy Sudhakar has launched the ‘Social Awareness and Action to Neutralise Pneumonia Successfully’ (SAANS) Campaign.  SAANS is a campaign that has been launched to ensure early detection and greater awareness of pneumonia in children under the age of five. As per SRS 2018, Karnataka’s under-five mortality is at 28 per 1000 live births.  Pneumonia is a lung infection that is caused due to viral, bacterial, or fungal infection. By 2025, the state’s goal is to reduce the under-five mortality to 23 per 1,000 live. Also, to achieve the National Health Policy goals, pneumonia mortality has to be reduced to less than 3 deaths per 1,000 live births.

Centre cancels foreign funding licences of NGOs CHRI, AAWW

The Union Home Ministry has cancelled the Foreign Contribution Regulation Act (FCRA) licences of two NGOs, Commonwealth Human Rights Initiative (CHRI) and Apne Aap Women Worldwide (AAWW). The action was taken over violation of the law and diverting of funds received from abroad, officials said on Tuesday. Notably, the FCRA licence is needed to receive funds from abroad.


Prasar Bharati signed MoU with Public Broadcaster of Argentina 

Prasar Bharati has signed an MoU with the Public Broadcaster of Argentina Radio Television Argentina (RTA) for collaboration in the field of broadcasting.  The MoU encompasses a range of fronts in Media and Broadcasting that is set to exemplify the communication and transmission networking of both nations.  India and Argentina share cordial relations and developmental partnerships in the areas of political, economic, scientific and technological cooperation.  The Chief Executive Officer of Prasar Bharati, Shashi Shekhar Vempati and the president of RTA, Rosario Lufrano, signed the agreement in the presence of the Indian Ambassador to Argentina Dinesh Bhatia.  The MoU will allow expanding cooperation between both media systems, with the exchange of programs, formats and cultural initiatives and share knowledge and experiences in the fields of culture, education, science, entertainment, sports and news.  It also opens the doors for cooperation in areas of mutual interest, such as audiovisual platforms, documentaries, animation, comedies, series, installations and incentives for TV production, among others. It also has the possibility of developing personnel exchange for training.



20 lakh children risk starving to death in Horn of Africa: UN

Nearly 20 lakh children risk starving to death in the Horn of Africa amid severe droughts, according to UN aid chief Martin Griffiths. Parts of Kenya, Ethiopia and Somalia are facing the driest conditions in more than 40 years. The UN has only a fraction of the $1.4 billion it needs to respond to the crisis, Griffiths said.

Will move heaven & Earth to help Ukraine win battle against Russia: US

short by Athira Sasidharan / 05:26 pm on 26 Apr 2022,TuesdayUS Defence Secretary Lloyd Austin on Tuesday vowed to move "heaven and earth" to "help Ukraine win the fight against Russia's unjust invasion", as allies from 40 nations met to bolster Kyiv's defence against Moscow. Austin added that US and its allies have committed over $5 billion of equipment to support Ukraine's defence since the war began on February 24.


Russian court orders seizure of Google's assets worth $7 mn: Report

A Russian court has ordered the seizure of 500 million roubles ($6.67 million) worth of Google's property and funds in Russia in connection with Google's restrictions on a Russian firm's YouTube channel, Reuters reported citing news agencies. The case concerns GPM Entertainment Television. News agency RIA reported that the court had rejected a previous claim by GPM on April 13.


World Bank agreed to provide $600 mn in financial aid: Sri Lanka

The Sri Lankan President's media division in a statement on Tuesday said, "The World Bank has agreed to provide $600 million in financial assistance to address the current economic crisis." The World Bank would release $400 million shortly, it added. The crisis has led to a shortage of essential items in the country.


Banking, Business and Economy News

SEBI issues ₹2.05-cr recovery notice to ex-NSE official Subramanian

SEBI on Tuesday sent a notice to NSE's ex-Group Operating Officer Anand Subramanian, asking him to pay ₹2.05 crore in a case pertaining to governance lapses at NSE. This comes after Subramanian had earlier failed to pay a ₹2-crore fine to SEBI. In the event of non-payment of the latest fine, SEBI may recover the amount by selling Subramanian's assets.

LIC IPO price band likely fixed at ₹902-₹949 per share: Reports

Life Insurance Corporation's (LIC) IPO price band has likely been fixed at ₹902-₹949 per share, reports said on Tuesday. There will be a ₹60 discount for policyholders, the reports added. Previous reports said the LIC IPO will likely open on May 4 and close on May 9, with the government looking to raise ₹21,000 crore by diluting a 3.5% stake.


Bajaj Finance reports highest-ever net profit of ₹2,420 cr in Q4

Bajaj Finance reported its highest-ever consolidated profit after tax (PAT) of ₹2,419.51 crore in the January-March 2022 quarter, up 79.67% YoY from ₹1,346.64 crore. The company's net interest income for the quarter rose 30% YoY to ₹6,068 crore against ₹4,659 crore. Its assets under management grew 29% YoY to ₹1.97 lakh crore while new loans grew 15% to 6.28 million.


Elon Musk to acquire Twitter in $44 Billion 2022

Elon Musk, the world's richest man, agreed to acquire Twitter for $44 billion, ending a drama that included hostile takeover threats before handing him personal control of one of the world's most powerful social media networks.  According to Twitter, the publicly traded corporation will now become a private entity owned by Musk, who negotiated a $54.20 per-share purchase price.  Musk secured $46.5 billion in funding last week to complete the deal, and Dan Ives, an analyst at Wedbush Securities, predicted earlier in the day that the board would likely approve his offer because no other buyer could be found.  Twitter stock was trading 5.9% higher on Wall Street.  Musk, who has blasted Twitter's overzealous moderation, bought a 9% interest in the firm in April and then offered to buy the entire company altogether, citing a goal to preserve free speech.

Awards News

Ukrainian President Volodymyr Zelenskyy gets John F. Kennedy Award

The John F. Kennedy Library Foundation, for the first time ever, awarded the John F. Kennedy Profile in Courage Award 2022 to five individuals. The award will be presented by Caroline Kennedy and her son, Jack Schlossberg on May 22, 2022, at the John F. Kennedy Presidential Library, Boston, USA.   Volodymyr Zelenskyy, Ukrainian President is named for his valour to protect the Ukrainian people during the Russia-Ukraine Conflict.

These five individuals are:

Ukrainian President: Volodymyr Zelenskyy

United States (US) Representative: Liz Cheney

Michigan Secretary of State: Jocelyn Benson

Arizona Representative: Russell “Rusty” Bowers

Fulton County, Georgia, elections worker: Wandrea “Shaye” Moss

Sports News


Russia removed as hosts of men's 2023 Ice Hockey World Championship

The International Ice Hockey Federation (IIHF) said Russia has been removed as hosts of the men's 2023 Ice Hockey World Championship that was to be played in Russian President Vladimir Putin's home city St. Petersburg. The IIHF said Russia was removed due to "concern for the safety and well-being of all participating players, officials, media and fans".

RR defend lowest total in IPL 2022 against RCB, jump to top of points table

RR defeated RCB by 29 runs on Tuesday to record their third victory in a row in IPL 2022. With the victory, RR jumped to top of the points table. RR put up a total of 144/8 and went on to dismiss RCB for 115 in 19.3 overs. RR's 144/8 is the lowest defended total in IPL 2022 so far.


F-1 Emilia Romagna Grand Prix 2022 won by Red Bull’s Max Verstappen

Formula One champion Max Verstappen (Red Bull-Netherlands) won the Emilia-Romagna Grand Prix in Italy. It was Verstappen’s second win this season after Saudi Arabia, which has also included two retirements, and the 22nd of his career.  Sergio Perez (Red Bull-Mexico) finished second and Lando Norris (McLaren-UK) finished third.

List of 2022 F1 Race Winners:

Bahrain Grand Prix: Charles Leclerc (Ferrari-Monaco);

Saudi Arabian Grand Prix: Max Verstappen (Red Bull – Netherlands);

Australian Grand Prix: Charles Leclerc (Ferrari-Monaco).

Serbia Open title: Andrey Rublev defeated Novak Djokovic

Andrey Rublev (Russian) has defeated world No. 1 Novak Djokovic (Serbia) to win his third title in the Serbia Open. Andrey Rublev has saved five set points in the second set to force a tie-break, but he was unable to prevent Djokovic from levelling the match.  Rublev has now equalled Rafael Nadal (Spain) for the most tour-level titles in 2022 He also clinched crowns in Marseille and Dubai in February 2022.

Important Days

World Intellectual Property Day 2022 observed on April 26

World Intellectual Property Day is celebrated on the 26th of April to learn about the role that intellectual property (IP) rights play in encouraging innovation and creativity. The day recognizes the huge potential of young people to find new and better solutions that support the transition to a sustainable future.  This year, World Intellectual Property Day 2022’s theme focuses on IP and Youth innovating for a Better Future. It is an opportunity for young people to find out how IP rights can support their goals, help transform their ideas into reality, generate income, create jobs and make a positive impact on the world around them.  With IP rights, young people have access to some of the key tools they need to advance their ambitions.  The event was established by the World Intellectual Property Organization (WIPO) in 2000 to “raise awareness of how patents, copyright, trademarks and designs impact on daily life.”  April 26th was chosen as the day to celebrate World Intellectual Property Day as it coincides with the date when the convention establishing the World Intellectual Property Organization came into effect in 1970.

International Chernobyl Disaster Remembrance Day 2022: 26 April

International Chernobyl Disaster Remembrance Day is observed every year on April 26 to raise awareness of the consequences of the 1986 Chernobyl disaster and the risks of nuclear energy in general.  The day not only informs us about the man-made disaster but also educates human beings about the risks of nuclear energy in general. After the 30th anniversary of the accident, on December 8, 2016, the United Nations adopted the resolution and proclaimed April 26 as the International Chernobyl Disaster Remembrance Day.  The General Assembly in its resolution recognised that even after three decades of the 1986 disaster, the long-term consequences remained seriously persistent and the affected communities and territories continued to experience the related needs.

Obituaries News

Former President of Kenya Mwai Kibaki Passes Away

Former president of Kenya, Mwai Kibaki passed away at the age of 90. He led the country from 2002 to 2013. During his rule, more than 1,100 people died in bloody ethnic battles after disputed 2007 polls, but to prevent such unrest he adopted a new constitution with reforms.  His rule was ruined by uncontrolled corruption and lavish spending on flagship projects which increased the country’s debt.

Noted Padma Shri writer Binapani Mohanty passes away

Eminent writer of Odisha and Padma Shri awardee (2020), Binapani Mohanty passed away at the age of 85. She was born in Berhampur and started her teaching career as a lecturer in Economy in 1960.  Her many short stories have been translated into various languages (including Hindi, English, Kannada, Marathi).  She had founded an organisation of Odia women writers named ‘Odisha Lekhika Sansad.’  Binapani Mohanty was conferred with the Padma Shri in 2020 for her contribution to Odia literature. She also was awarded the Adibadi Jagannath Das Puraskar – the highest literary award by the Odisha Sahitya Akademi, in 2019.  Her collection of short stories ‘Pata Dei’ has won the Sahitya Akademi award. She also received Sarala Samman from the Government of Odisha.



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