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Current Affairs snippets

25th May 2022


Delhi civic body releases 1 month's salary, pension of all employees

Municipal Corporation of Delhi has released one month's salary and pension of all employees and pensioners, officials said on Tuesday. "The corporation has made a fund of ₹432.84 crore available for this purpose," a senior MCD official said. The teachers of municipal schools had not been paid salaries for the past six months, AAP had alleged.


Time's 100 most influential people 2022: Check the complete list 

Supreme Court lawyer Karuna Nundy, business tycoon Gautam Adani and prominent Kashmiri human rights activist Khurram Parvez have been named among the world’s 100 most influential people of 2022 by TIME magazine.  The list has been divided into six categories: Icons, Pioneers, Titans, Artists, Leaders and Innovators.  While Adani has been named under the Titans category along with the likes of Apple CEO Tim Cook and American host Oprah Winfrey, Nundy and Parvez found their place under the Leaders category along with Russian President Vladimir Putin and his Ukraine counterpart Volodymyr Zelenskyy.


4th edition of state-level Shirui Lily Festival 2022 begins in Manipur

In Manipur, the 4th Edition of State-Level Shirui Lily Festival 2022 has begun. This annual festival is organised by the Department of Tourism, Government of Manipur with an aim to create and raise awareness of the Shirui Lily flower which is also the State Flower of Manipur.  The four-day-long festival has inaugurated by the Governor of Manipur La. Ganesan and the Chief Minister N. Biren Singh tomorrow at Shirui Village Ground in Ukhrul district.  The festival is held around April and May as it is the blooming season of Shirui Lily. The flower is found in the Ukhrul district of Manipur only and cannot be replanted anywhere in the world.  This year, some of the international rock bands will perform in the festival. Every year, tourists both domestic and international attend the function.  Different events including traditional dances, songs and music, trekking, beauty contests, indigenous games and sports will be organised at different sites in the Ukhrul district.



10-yr-old student was shot dead by Texas shooter as she tried to call 911

A 10-year-old schoolgirl, Amerie Jo Garza, was shot dead by 18-year-old suspected shooter Salvador Ramos in Texas school as she tried to call 911. Her grandmother said Amerie was calling the emergency services while sitting next to her best friend who was left "covered in her blood". The fourth-grader was one of the 21 victims of the mass shooting.

Russian Parliament removes upper age limit for army recruits

Russian Parliament has approved a bill to remove the upper age limit for contractual service in the military to strengthen the armed forces, a report said. Reportedly, only Russians aged 18-40 and foreigners aged 18-30 can enlist as professional soldiers in the Russian military at present. This comes as over 1,000 Russian service personnel had been killed since Ukraine's invasion.

Lift sanctions & we'll allow ships with food to leave Ukraine: Russia

Russian Deputy Foreign Minister Andrey Rudenko said Russia is ready to provide a humanitarian corridor for vessels carrying food to leave Ukraine if some sanctions imposed on Moscow are lifted, Interfax reported. Ukraine's Black Sea ports have been blocked since Russia began invading Ukraine. The European Union has accused Russia of using food supplies as a weapon with global repercussions.

Will talk directly to Putin, not via intermediaries: Ukraine's Prez

Amid the ongoing Ukraine-Russia war, Ukraine's President Volodymyr Zelenskyy on Wednesday said that he's only willing to talk directly to Russian President Vladimir Putin and not via intermediaries. He further said that if Putin "understands reality", there's the possibility of finding a diplomatic way out of the conflict. Ukraine will fight until it recovers all of its territories, he added.

Banking, Business and Economy

JSW One Platforms appoints Gaurav Sachdeva as CEO

JSW group has appointed Gaurav Sachdeva as the CEO of JSW One Platforms, an e-commerce venture of the group. He has transitioned from his role at JSW Ventures where he led venture capital investments for the fund.  In his role as the CEO of JSW One Platforms, Sachdeva will aim to create a nimble organization backed by the credibility and scale of JSW Group that will ease buying and selling of steel and other products for manufacturing and construction MSMEs in the country.  JSW One Platforms has been established with the vision to leverage our manufacturing and distribution strength in steel, cement and paints businesses to build a technology-enabled one-stop solution for the manufacturing and construction segments. JSW One Platforms also has collaborations with other non-competing manufacturing and construction material brands to market them on its tech platform.

Cabinet approves sale of govt's stake in Hindustan Zinc: Report

The Union Cabinet has approved sale of the Centre's entire residual stake in Hindustan Zinc Limited, Moneycontrol reported citing CNBC Awaaz. The government owns a 29.5% stake in the mining company, while Vedanta Limited holds a 64.92% stake. At current market price, the government's residual stake in Hindustan Zinc is valued at around ₹38,740 crore.


Total Energies of France to purchase share in Adani's hydrogen business 

Under the newly formed company Adani New Industries Ltd, Total Energies, the French oil and gas major, is expected to acquire a minority share of 10% or more in Adani group's hydrogen business (ANIL).  The agreement is nearing completion, and an announcement is expected in the coming months. In India, Total had earlier partnered with Adani in 2018 with investments in Adani Gas Limited, city gas distribution business, associated LNG terminal business and gas marketing business.  Total acquired 37.4 per cent stake in Adani Gas Limited and 50 per cent stake in Dhamra LNG project. Then, Adani and Total had also agreed for an alliance into the wider sustainable energy space. Total and Adani agreed the acquisition of a 50 per cent stake in a 2.35 GWac portfolio of operating solar assets owned by Adani Gas and a 20 per cent stake in Adani Green Energy for a global investment of $2.5 billion.

Govt on course to privatise two public sector banks: Report

The government is committed to the privatisation of two public sector banks (PSBs) and will take the steps required in the coming months, PTI reported. As per its sources, Central Bank of India and Indian Overseas Bank are the likely candidates for privatisation. The government had announced its intent to take up the privatisation of two PSBs in Budget 2021-22.


SBI launched Real-Time Xpress Credit on the YONO platform 

State Bank of India (SBI) has announced the introduction of Real-Time Xpress Credit on its Yono platform, allowing eligible customers to get personal loans of up to Rs 35 lakh. The bank said its flagship personal loan product for salaried customers  "Xpress Credit" now has a digital avatar and customers can now avail of it through Yono.  Real-Time Xpress Credit, central, state government and defence salaried customers of SBI will no longer be required to visit the branch for availing of a personal loan. It would be a 100% paperless and digital experience and an end-to-end eight-step journey.  The Xpress Credit product will enable our customers to experience a digital, hassle-free, and paperless loan process. SBI constantly endeavour to offer technology-led enhanced digital banking experience to the customers in order to simplify banking."

Co-branded credit cards from HDFC Bank and Retailio launched 

HDFC Bank, India's largest private sector bank, announced the launch of a new range of co-branded credit cards with Retailio, aimed largely at chemists and pharmacies in the merchant market.  Retailio is the largest B2B pharma marketplace in the country. It is a useful app that is having a significant digital impact on the Pharma supply chain management in India. Chemists, retailers, distributors, pharmacists, and hospitals can use the Retailio mobile application and web interface to place orders with their respective distributors.  With over 6 crore credit, debit, and prepaid cards covering every market sector, HDFC Bank is the market leader in the payments ecosystem. Retailio has a network of over 1000 health care and pharmaceutical enterprises, 3000 pharmaceutical distributors, 1 lakh pharmacies, hospitals, and nursing homes in over 1000 locations.

Awards News

Rolls-Royce India president Kishore Jayaraman Receives British honour 

Kishore Jayaraman, President, India and South Asia for Rolls-Royce, has received an honorary Officer of the Order of the British Empire (OBE) by Her Majesty The Queen, British Deputy High Commission. Jayaraman is a board member of the U.K.-India Business Council, which supports U.K. businesses set up in India.  He has also been instrumental in promoting bilateral ties by setting up a strategic ecosystem for boosting manufacturing in India enabled by U.K.’s technology. Under his leadership, the company set up the ‘Engineering Centre’ in Bengaluru in 2015, ‘Digital Centre of Excellence with over 60 digital technologists in 2017, and its first ‘Start-up Accelerator Programme’ in India in 2019.

Music Academy announced Sangita Kalanidhi awards 2020-22

Renowned vocalist and guru, Neyveli R Santanagopalan, eminent mridangam artiste and guru, ‘Tiruvarur’ Bhakthavathsalam, and Lalgudi violin duo, G J R Krishnan and Vijayalakshmi were named for the prestigious Sangita Kalanidhi awards of the Music Academy for 2020, 2021, and 2022.  The Academy has chosen nagaswaram exponent Kivalur N G Ganesan (2020), vocalist, musicologist, and guru Dr Ritha Rajan (2021), and Vainika and musicologist Dr R S Jayalakshmi (2022).  Noted vocalist and guru Thamarakkad Govindan Namboodri, versatile percussionist Nemani Somayajulu, and noted Kanjra artiste A V Anand will receive the T T K Award for 2020, 2021, and 2022 respectively.  The Musicologist award for 2020 will be presented to Dr V Premalatha for the year 2020. Nritya Kalanidhi will be presented to Bharatanatyam exponents Rama Vaidyanathan (2020) and Narthaki Nataraj (2021). Bragha Bessell, widely respected Abhinaya expert and guru, will be awarded the prize for 2022.  The Music Academy announced Sangita Kalanidhi award winners for the years 2020, 2021 and 2022. The physical festival could not be conducted in the last two years because of the COVID-19 pandemic. Chief Minister M K Stalin will present the awards while inaugurating the 96th Annual Conference and Concerts on December 15, 2022, N Murali, President, Music Academy.

Sports News

Narinder Batra resigns as Indian Olympic Association president

Narinder Batra has resigned from the post of Indian Olympic Association (IOA) president. Batra said he took the decision to focus on his role as President of International Hockey Federation (FIH) as "world hockey is going through an essential development phase". "I wish my successor and the whole sports family in India every success in the future!" he added.


RCB knock LSG out of IPL 2022, to face RR for place in final

Royal Challengers Bangalore (RCB) defeated Lucknow Super Giants (LSG) by 14 runs in IPL 2022 Eliminator. The match witnessed RCB batter Rajat Patidar slam IPL 2022's fastest hundred off 49 deliveries. RCB will now face Rajasthan Royals (RR) in the Qualifier 2 on Friday. The winner of the Qualifier 2 will face Gujarat Titans (GT) in the final on Sunday.


Shikhar Dhawan becomes first player to hit 700 fours in IPL history 

Punjab Kings opening batter Shikhar Dhawan has become the first player to hit 700 fours in the history of the Indian Premier League (IPL). Dhawan reached this feat during the last league stage match of IPL 2022, between PBKS and Sunrisers Hyderabad, here at the Wankhede Stadium.  The batter has now a total of 701 IPL fours to his name. He is followed by David Warner and Virat Kohli, with 577 and 576 fours, respectively. PBKS ended their IPL 2022 campaign with a total of 14 points while SRH finished with 12 points.

Summits and Conferences News

Smt. Meenakshi Lekhi, attended the 7th BRICS Culture Ministers' Meeting

Smt. Meenakshi Lekhi, Minister of State for Culture and External Affairs, attended the 7th BRICS Culture Ministers' Meeting via video conference, which was hosted by the People's Republic of China and attended by all BRICS Member Nations.  Under the subject Establishing a Cultural Partnership Featuring Inclusiveness and Mutual Learning among BRICS, a discussion was conducted to promote and expand cultural activities among the BRICS countries.  The debate focused on boosting cultural digitization growth and collaboration, enhancing cooperation on cultural heritage preservation, and pushing the development of BRICS nations' cultural exchange platforms.  The Ministers approved the BRICS Action Plan 2022-2026, which aims to expand cultural cooperation and execute the 2015 BRICS Cultural Cooperation Agreement.

Important Days

World Thyroid Awareness Day 2022 observed on 25th May

World Thyroid Day is observed on May 25 to promote awareness and understanding of thyroid diseases, their symptoms, prevention, and treatments. The day came into existence in 2008 on a proposal by the European Thyroid Association (ETA).  There’s no separate theme for World Thyroid Day this year. However, for Thyroid Awareness Week observed between May 22 and 28, Thyroid Federation international has announced the theme, “It’s not you. It’s your thyroid.” The theme focused on making sure that people understand the most common symptoms of thyroid disorders and take the necessary steps to cure it.  May 25 was officially adopted as World Thyroid Day during the Annual General Meeting prior to the European Thyroid Association (ETA) congress in September 2007. The date of May 25 also marks the anniversary of ETA’s foundation in 1965. Hence, it was chosen to be as a day dedicated to creating awareness about thyroid disorders.

International Week of Solidarity with the Peoples of Non-Self-Governing Territories: 25-31 May

United Nations is observing “International Week of Solidarity with the Peoples of Non-Self-Governing Territories” from May 25 to 31. On December 06, 1999, the UN General Assembly called for the annual observance of the Week of Solidarity with the Peoples of Non-Self-Governing Territories.  In UN Charter, a Non-Self-Governing Territory is defined as a Territory “whose people have not yet attained a full measure of self-government.” The United Nations General Assembly(UNGA) adopted the resolution A/RES/54/91 on 6th December 1999 and decided the annually observe the International Week of Solidarity with the Peoples of Non-Self-Governing Territories starting from May 25. The week was first observed in 2000.

Obituaries News

Veteran Communist leader Shivaji Patnaik passes away

Veteran Communist leader and three-time Member of Parliament, Shivaji Patnaik passed away at the age of 93. Shivaji Patnaik is lauded as the founder of CPI (Marxist) in Odisha. He was born on August 10, 1930, the veteran leader had joined the State student’s movement at the age of 17 when he was studying in Ravenshaw College.  He had a crucial role in the formation of CPI(M) when the Communist party faced division in 1964. He remained the party secretary from 1971 to 1990. He was also elected to the Central Committee of the party.



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