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12th May 2022
National News
Elections to 57 Rajya Sabha seats to be held
on June 10
The Election Commission of India on Thursday announced that the
elections to 57 Rajya Sabha seats spread across 15 states will take place on
June 10. As many as 11 seats are in Uttar Pradesh while six each are in
Maharashtra and Tamil Nadu. The votes will be counted on the same day.
Ramkrishna, Subramanian's bail pleas in NSE
scam case rejected
A Delhi court on Thursday dismissed the bail pleas filed by NSE's ex-CEO
Chitra Ramkrishna and ex-Group Operating Officer Anand Subramanian in
connection with the co-location scam case. The CBI told the court that the
accused, holding influential positions, could tamper with the evidence and must
be kept in custody. Ramkrishna has been accused of frequently revising
Subramanian's designation
Karnataka cabinet approves anti-conversion
bill as ordinance: Home Minister
Karnataka cabinet has approved the anti-conversion bill and it will be
discussed in the next Assembly session, the state Home Minister Araga Jnanendra
said. Till then, the ordinance will be in place, he added. "Because the
Assembly and Council got prorogued, we're placing a proposal to promulgate an
ordinance in the cabinet," CM Basavaraj Bommai had said before the
meeting.
India in relatively stronger position than
many nations: Finance Secy
India is economically in a relatively stronger position than many other
countries, Finance Secretary TV Somanathan said. He stated that owing to the
large domestic production of wheat, India has at least escaped the global
foodgrain crisis amid Ukraine-Russia war. However, he added that India cannot
be immune to geopolitical challenges as it's part of the global economy.
India elected a new Chair of the Association of Asian Election
Authorities for 2022-24
India has been unanimously elected as the new Chair of the Association of Asian
Election Authorities (AAEA) for 2022-2024 at the meeting of the Executive Board
and General Assembly in Manila, Philippines.
Commission on Elections, Manila was the current chair of AAEA. The new
member of the Executive Board now includes Russia, Uzbekistan, Sri Lanka,
Maldives, Taiwan and the Philippines. The
Election Commission of India 3-member delegation headed by Deputy Election
Commissioner Shri Nitesh Vyas, along with CEO Manipur Shri Rajesh Agrawal and
CEO Rajasthan Shri Praveen Gupta, attended the Executive Board meeting at Manila
and presented the work plan for 2022-23 as also futuristic activities for
2023-24 to the Executive Board.
President confers 13 Shaurya Chakras, Param Vishisht Seva Medal to Army
Chief
President of India, Ram Nath Kovind conferred 13 Shaurya Chakras which included
six posthumous to the personnel of the Indian Armed forces for their
conspicuous courage displayed during operations. Army Chief General Manoj Pande was conferred
with the Param Vishisht Seva Medal (PVSM) for his distinguished service of exceptional
order at a defence investiture ceremony at Rashtrapati Bhawan. The President also conferred 14 PVSM, four
Uttam Yudh Seva Medals (UYSM) and 24 Ati Vishisht Seva Medals (AVSM) for
distinguished service of an exceptional order. These awards of Gallantry and
other Defence decorations conferred were approved by the President in January
on the eve of the 73rd Republic Day celebrations this January. Gen Manoj Pande assumed the charge of the
29th Chief of the Army Staff on April 30. Before that, he was serving as the
Vice Chief of Army Staff for three months and was the General Officer Commander
in Chief, Eastern Command of the Army before that.
RailTel introduced PM-WANI based access to its Wi-Fi at 100 Railway
Stations
RailTel, a micro Ratna PSU, launched the Prime Minister Wi-Fi Access Network
Interface (PM-WANI) scheme on Monday, providing access to its Public WiFi
services across 100 train stations in 22 states. PM-WANI is a Department of Telecom (DoT)
initiative to connect all silo Wi-Fi networks for simplicity of use and to
increase broadband adoption among the general public.
This means of connecting to Wi-Fi via the 'mobile app' would be in addition to
the present technique of connecting to WiFi at these stations by selecting the
RailWire Service Set Identifier (SSID). PM-WANI-based
access will make it easier to use WANI-based Public WiFi by allowing one-time
Know Your Customer (KYC) to bypass one-time password (OTP) based
authentication. The RailTel WiFi network
now covers 6,102 railway stations across the country and has 17, 792 WiFi
hotspots, with more on the way.
Centre aims to build 18,000 km of highways
in FY23: Nitin Gadkari
Union Minister Nitin Gadkari said on Thursday that Centre aims to build
18,000 km of highways in financial year 2022-23 at a speed of 50 km/day. He
added that the government's overall target is to develop 2 lakh km of National
Highway Network by 2025. The pace of national highway (NH) construction in
India had touched 37 km/day in 2020-21.
International News
Elections in Pak will only be held after
poll reforms: Ex-Prez Zardari
Ex-Pakistani President Asif Ali Zardari has said that elections in the
country will only be held after the introduction of poll reforms. "We have
to change laws and improve them and then go to elections," he said. Former
PM Imran Khan recently called for expedited polls in Pakistan after being
ousted from power via a no-trust vote last month.
Over $200 billion wiped off cryptocurrency
market in 24 hours
More than $200 billion of wealth was wiped out from the cryptocurrency
market in just 24 hours amid a massive sell-off, Bloomberg reported on Thursday
citing CoinMarketCap data. The crypto plunge was driven by the collapse of the
TerraUSD stablecoin. The plunge affected major tokens and Bitcoin plunged by as
much as 10% to its lowest level since December 2020.
Biden administration has taken Quad to
leader level: White House
White House on Wednesday said that the US President Joe Biden-led US administration
has taken the Quad to the leader level. "We are the first administration
that has taken the Quad- that is the United States, Australia, India, and
Japan- to the leader level," a senior administration official said. His
remarks came on the eve of the US-ASEAN Special Summit.
Ranil Wickremesinghe takes oath as new PM of
crisis-hit Sri Lanka
Ranil Wickremesinghe, an opposition lawmaker, has been sworn in as the
new Prime Minister of Sri Lanka by President Gotabaya Rajapaksa amid political
and economic crisis in the country. This comes days after former PM Mahinda
Rajapaksa quit his post and went to an undisclosed location with his family
amid protests in the island nation.
Sanctions on Russia won't affect global oil
supply: IEA
The International Energy Agency (IEA) said the world won't be left short
of oil even with lower output from sanctions-hit Russia. "Steadily rising
volumes from...OPEC+ and the US along with a slowdown in demand growth is
expected to fend off an acute supply deficit," the IEA said. This comes
after it predicted a possible global oil "supply shock" in March.
Global crypto regulation body likely in next
year: IOSCO Chair
The International Organisation of Securities Commissions' (IOSCO) Chair
Ashley Alder said global market regulators are likely to launch a joint body
within the next year to better co-ordinate cryptocurrency rules. "There's
a wall of worry about this (crypto)...at an institutional level," Alder
stated. He added that the main concerns are cyber security and a lack of
transparency, among others.
Over 6 million people have fled Ukraine
since Russian invasion: UN
At least six million have fled Ukraine since Russia began its military
offensive there, a UN refugee agency confirmed on Thursday. Most refugees have
crossed over to the European Union through border points in Poland, Slovakia
and Hungary among other countries. Over eight million people have been
internally displaced in Ukraine, according to International Organization for
Migration (IOM) report.
South Korea becomes 1st Asian country join NATO Cyber Defence Group
South Korea became the first Asian country join in North Atlantic Treaty
Organization Cooperative Cyber Defence Centre of Excellence. South Korea’s
National Intelligence Service (NIS) is joined as a contributing participant in
the NATO Cooperative Cyber Defence Centre of Excellence. Now, the total NATO CCDCOE has 32 countries
as its official members which include 27 NATO member countries and 5 five
non-NATO states as contributing participants. South Korea has participated in
the Locked Shields 2022, the largest and most complex annual international
live-fire cyber defence exercise in the world.
It has been participating two years in a row since 2020. South Korea
joining the CCDCOE would help it counter the cybersecurity threat perception
due to North Korea.
Monkeypox Virus: History, Outbreak, Symptoms
Another virus, Monkeypox, has made an appearance in the United Kingdom. The
patient has a recent travel history from Nigeria, where they are suspected to
have contracted the infection, before travelling to the UK, according to the UK
Health Security Agency (UKHSA), which confirmed the case. Monkeypox is a viral disease caused by the
Monkeypox virus, which belongs to the Orthopoxvirus genus in the Poxviridae
family and is associated with diseases such as smallpox, cowpox, horsepox, and
camelpox. According to the WHO, the
first large Monkeypox outbreak was detected in the Democratic Republic of Congo
in 1996–97, with lower case fatality and a greater attack rate. Monkeypox has symptoms that are comparable to
smallpox, which was proclaimed eradicated in the 1980s. It was first discovered in humans in the
Democratic Republic of the Congo in 1970, two years after smallpox had been
eradicated from the area. According to
WHO records, the majority of Monkeypox cases have been reported from rural,
rainforest regions of the Congo Basin since 1970, mainly in the Democratic
Republic of the Congo, where it is currently considered endemic.
Sri Lanka's Prime Minister resigned after weeks of Protest
Sri Lankan prime minister Mahindra Rajapaksa resigned from his position on 9th
May 2022. He sent his resignation letter to the president of Sri Lanka Gotabaya
Rajapaksa. He has been accused of misleading Sri Lanka's economy and pushing
Sri Lanka towards Bank corruption and economic crisis. The Sri Lankan people
have been protesting against the president and the prime minister. They
demanded the resignation of prime minister Mahindra Rajapaksa. The supporters
attack the Anti-government protesters outside the president’s office which
leads to massive violence. 151 people were injured and admitted in the hospital.
BANKING, BUSINESS AND EOCNOMY News
Campbell Wilson appointed CEO and MD of Air
India
Tata Sons has appointed Campbell Wilson as the new CEO and MD of Air India. "It's an honour to be selected to lead the
iconic Air India. It's at the cusp of an exciting journey to become one of the
best airlines," Wilson said. The 50-year-old New Zealand-born executive
recently resigned as CEO of Singapore Airlines budget carrier Scoot.
Sensex crashes 1,158 points to close at
52,930 in the 5th-straight session of fall
Sensex fell for the fifth-straight day on Thursday, crashing 1,158
points to close at 52,930, while Nifty closed 359 points lower at 15,808. The
market indices dropped over 2%, dragged by banking, financial and metal stocks
amid worries over April inflation data and a decline in global stocks. Adani
Ports, IndusInd Bank and Tata Steel were among the top losers.
India's retail inflation surges to 7.79% in
April, highest in 8 years
India's retail inflation surged to 7.79% in April 2022, the highest
since May 2014, data released by the government on Thursday showed. At 7.79%,
the Consumer Price Index (CPI) inflation for April is higher than the March
number of 6.95%. Earlier this month, RBI Governor Shaktikanta Das had said
inflation was "expected to be elevated" in April.
GoI releases Rs 7,183.42 crore to 14 states as revenue deficit grant
The central government has released Rs 7,183.42 crore as a revenue deficit
grant to 14 states including Andhra Pradesh, West Bengal, Rajasthan, Punjab,
Assam and Kerala. The Department of Expenditure, Ministry of Finance released
the money. This is the 2nd monthly
instalment of Post Devolution Revenue Deficit (PDRD) grant to states. The grant
has been released as per the recommendations of the Fifteenth Finance
Commission. Fifteenth Finance
Commission recommended Post Devolution Revenue Deficit (PDRD) grant to
states. Post Devolution Revenue Deficit (PDRD) grant is provided
under Article 275 of the Indian Constitution. The Fifteenth Finance Commission has recommended
a total Post Devolution Revenue Deficit (PDRD) Grant of Rs 86,201 crore to
14 states for the financial year 2022-23.
The Department of Expenditure (Ministry of Finance) will
release the grant to the recommended states in 12 equated monthly instalments
(EMIs). With the recent release, the total amount of Revenue Deficit
Grants released to the States in 2022-23 has gone up to Rs 14,366.84 crore.
Awards News
Mamata Banerjee received Special Bangla Academy Award
West Bengal Chief Minister, Mamata Banerjee received the Bangla Academy Award
for her "relentless literary pursuit". The award, introduced this
year by Sahitya Academy, was presented to Banerjee for her book "Kabita
Bitan", which pays tribute to the best writers of West Bengal. Mamata Banerjee's 'Kabita Bitan' was launched
at the 2020 Kolkata Book Fair. The book contains 946 poems written by the TMC
supremo. Despite being on the stage,
Mamata Banerjee did not accept the award on her own and it was received by
state Education Minister Bratya Basu on her behalf. Banerjee was given the award at the
"Ravi Pranam" function organised by the government's information and
culture department on the occasion of Rabindranath Tagore's birth anniversary. Bangla Academy has decided to reward those
who are working tirelessly for the betterment of literature as well as other
sectors of society.
Sports News
CSK out of IPL 2022 playoffs race as MI
record their 3rd win
Bottom-placed MI defeated ninth-placed CSK by five wickets to register
their third victory in IPL 2022. With the defeat, CSK are now officially out of
contention for a place in the playoffs. The match witnessed CSK getting
dismissed for 97, their second-lowest total in IPL. MI pacer Daniel Sams took
three wickets, while Tilak Varma top-scored for MI with 34*(32).
12th IBA Womens World Boxing Championships kick-started in Istanbul
The 12th edition of the IBA Women’s World Boxing Championships was kick-started
in Istanbul, Turkey. In this event, more than 400 boxers from a record 93
countries are set to take part in this year’s event, which also marks the 20th
anniversary of the prestigious event. Olympian
Lovlina Borgohain will represent the Indian country. The other representatives
of this game are Pooja Rani (81 kg), Nandini (+81 kg) and Nikhat Zareen (52
kg), Nitu (48kg), Anamika (50kg), Shiksha (54kg), Manisha (57kg), Parveen
(63kg) and Sweety (75kg).
VP Venkaiah Naidu releases 'Modi @20: Dreams Meeting Delivery' book
Vice President M Venkaiah Naidu has released the book “Modi@20 Dreams Meet
Delivery” in New Delhi. The book presents different facets of the distinct
thought process, the pioneering, pro-active approach and the quintessential,
transformational leadership style that Narendrabhai Modi has come to be so
closely identified with. ‘Modi@20’ is an
anthology edited and compiled by BlueKraft Digital Foundation, and is a
compilation of chapters authored by eminent intellectuals and domain experts,
Rupa Publications. The book encompasses the experiential journey of Modi since
he left his house at the tender age of 17 and set out on a mission of knowing
himself, and his country and finally define the mission of transforming India.
In 2021, Modi completed twenty continuous years as the head of a government. This book, a compilation of chapters authored
by eminent intellectuals and domain experts, attempts a definitive and
expansive exploration into the fundamental transformation of Gujarat and India
over the last twenty years due to Modi’s unique model of governance.
Important Days
International Nurses Day 2022 Observed on 12th May
May 12 is observed as International Nurses' Day across the world to honour the
services of nurses. It is the birth anniversary of Florence Nightingale, the
English social reformer, statistician and founder of modern nursing. She was also known as Lady with the Lamp. She
was the founder of modern nursing and was a British social reformer and
statistician. The theme for this year's
Nurses' Day is "Nurses: A Voice to Lead - Invest in Nursing and respect
rights to secure global health". Many hospitals across the world are
observing International Nurses Week from May 6 to 12. As part of it, several
activities, including yoga sessions and seminars are being organised. Nightingale gained prominence during the
Crimean War between Russia and Britain in the 1850s. Along with her team of 38
women, she took care of British soldiers who were dealing with horrible
sanitation facilities apart from battling Russian forces. According to historical accounts, injured
soldiers had dirty bandages covering rotting wounds, there were rats at their
bases, and only one bathtub per 150 personnel. Making matters worse, a dead
horse had been left to rot in their water supply.
International Day of Plant Health observed on 12th May 2022
The United Nations designated 12 May the International Day of Plant Health
(IDPH) to raise global awareness on how protecting plant health can help end
hunger, reduce poverty, protect biodiversity and the environment, and boost
economic development. The United Nations declared 2020 as the International
Year of Plant Health (IYPH). The Year
was extended until 1 July 2021 due to the postponement of some key initiatives
caused by the COVID-19 pandemic. This is a once in a lifetime opportunity to
raise global awareness on how protecting plant health can help end hunger,
reduce poverty, protect the environment, and boost economic development. Both our health and the health of our planet
depend on plants. Plants makeup 80% of the food we eat and 98% of the oxygen we
breathe and yet they are under threat. Up to 40% of food crops are lost due to
plant pests and diseases every year.
Obituaries News
Former Union Minister Pandit Sukh Ram passes away
Veteran Himachal Pradesh Congress leader and former Union minister, Pandit Sukh
Ram has passed away at 94. He was the Union Minister of State, Communications
(Independent Charge) from 1993 to 1996 and a member of Lok Sabha from the Mandi
constituency (Himachal Pradesh). He won
the Lok Sabha elections three times and the Vidhan Sabha elections five times.
In 2011, he was sentenced to five years of imprisonment for corruption when he
was Communications Minister in 1996.
World’s oldest chess grandmaster Yuri Averbakh passes away
Russian chess grandmaster, Yuri Averbakh who was among the world’s best players
for a decade, trained world champions and was the last surviving participant in
one of the greatest competitions in history, has died in Moscow at 100. He won the Moscow Championship in 1949 and
earned the Grandmaster title in 1952. In 1954, he became the champion of the
USSR. He also chaired the Chess Federation of the USSR from 1972 to 1977.
Miscellaneous News
Mumbai Gets India’s First EV Charging Station Powered by bio-gas
India’s first EV charging station powered by bio-gas was inaugurated in Mumbai,
Maharashtra. This station be will expected to generate 220 units of electricity
from food waste collected from its nearby areas, mostly from bulk generators
like hotels and offices. This energy
plant will be utilized to power street lights and also to charge electric
vehicles. It was inaugurated by Maharashtra Environment Minister Aaditya Uddhav
Thackeray. The Biogas Electricity
Generation Plant, set up in the year 2021, uses about 1.5 lakh kilograms of
food waste to generate electricity. Also, to promote electric vehicles,
BMC is planning to set up organic waste-powered EV charging stations in its 24
administrative wards.
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