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28th June 2022


Internet suspended across Rajasthan for 24hrs, gatherings banned for 1 month

Rajasthan Chief Secretary has announced suspension of internet services for the next 24 hours across the state in order to maintain law and order after a man named Kanhaiya Lal was beheaded in Udaipur. Meanwhile, Section 144 has also been imposed in all the districts in the state. Police have arrested two accused named Gaus Mohammed and Riyaz.

31% of Rajya Sabha MPs have declared criminal cases: Report

About 31% of the Rajya Sabha MPs have declared criminal cases against themselves, according to a report that analysed the records of 226 lawmakers. Of these, 16% have declared serious criminal cases, the data showed. Separately, about 87% of the 226 Rajya Sabha MPs are 'crorepatis' and the average net worth of the lawmakers is ₹79.54 crore, the report said.




Kerala Govt to roll out "MEDISEP" scheme for State Government 

Kerala state government has issued orders regarding the implementation of a medical insurance "MEDISEP" scheme for government employees and pensioners and the deduction of premium from the salary of June 2022 and pension of July 2022.  MEDISEP scheme is applicable to government employees, pensioners/family pensioners and their eligible family members and employees and pensioners of universities that receive grant in aid from the state government and the local self-government institutions.

Four-day Ambubachi Mela at the Kamakhya Temple in Guwahati 

Devotees were finally permitted to take part in the annual Ambubachi Mela at Assam's renowned Kamakhya Temple after a two-year absence. The head priest of Maa Kamakhya Devalaya, or "Bor Doloi," Kabinath Sarma, explained that the "Pravritti" was used to symbolically close the temple doors for four days as part of the rites.  The door will be unlocked or Nivriti in the morning of the first day. An annual Hindu festival known as the Ambubachi Mela takes place at the Kamakhya Temple in Guwahati, Assam. This annual festival is held in the middle of June, when the Brahmaputra River is at its highest flow, during the monsoon season, which also happens to fall within the Assamese month of Ahaar.



International News

EY fined record $100 million for staff cheating on accountant exams in US

Big Four accounting firm Ernst & Young (EY) has been fined a record $100 million by US Securities and Exchange Commission after some of its auditors cheated on required ethics exams. Further, EY failed to report the issue during the investigation of potential cheating at the firm. This is the largest-ever penalty imposed by the SEC against an audit firm.


Scotland's First Minister calls for new independence vote in 2023

Scotland's First Minister Nicola Sturgeon on Tuesday announced plans for a second referendum to be held on Scottish independence on October 19, 2023. "The issue of independence cannot be suppressed. It must be resolved democratically," Sturgeon said. Notably, voters in Scotland had rejected independence in the referendum held in 2014, with over 55% voting to remain in the UK.

China must press Russia to stop war in Ukraine, say G7 nations

The G7 nations on Tuesday called on China to press Russia to pull forces out of Ukraine immediately and unconditionally. The countries cited a ruling by the International Court of Justice seeking suspension of Russia's military operation in Ukraine. Separately, the countries also said, "We stress that there is no legal basis for China's expansive maritime claims in...South China Sea."


Togo and Gabon become Commonwealth Association members 

The Commonwealth of Nations now has 56 member nations after the admission of Togo and Gabon. The two historically French-speaking nations were formally admitted to the union at the Commonwealth Heads of Government Meeting, which was presided over by Rwandan President Paul Kagame in Kigali, the country’s capital.  According to Patricia Scotland, the organization’s secretary-general, admission is determined by evaluations of a number of standards, including the democratic process, effective leadership, and rule of law.

Appointments News

IWF chooses Mohammed Jalood as President 

The International Weightlifting Federation (IWF) believes that substantial progress has been made in enhancing the culture and leadership of the sport.  Mohammed Jalood has been elected as the organization's president, and 11 additional new members have been added to its Executive Board, according to a press release from Tirana, Albania, which hosted both the Special & Electoral Congress and the recently concluded European Weightlifting Championships.

IRS Officer Nitin Gupta named as the new chairman of CBDT 

IRS officer Nitin Gupta has been appointed as the new Central Board of Direct Taxes (CBDT) chairman.  Gupta, an Indian Revenue Service (IRS) officer of the 1986 batch of the Income Tax cadre, is serving as the Member (investigation) in the Board and is scheduled to retire in September next year.

IRARC's Avinash Kulkarni to head India Debt Resolution Company 

The chief govt of India Resurgence Asset Reconstruction Firm (IRARC), Avinash Kulkarni, has been chosen to head the India Debt Decision Firm (IDRCL).  Kulkarni is a (SBI) veteran, having undertaken numerous roles on the public sector behemoth. His engagements on the SBI group have included assignments within the funding banking and advisory arm, Capital Markets.

Agreements News

Bharat Electronics signed an MoU with Belarusian Company for supply of Airborne Defence Suite

Bharat Electronics Limited (BEL) has signed a Memorandum of Understanding (MoU) with Defense Initiatives (DI), Belarus, and Defense Initiatives Aero Pvt Ltd, India (a subsidiary of DI Belarus).  The MoU is signed to build cooperation amongst the three companies for the supply of Airborne Defense Suite (ADS) for Indian Air Force’s helicopters.  ADS is used for providing protection to helicopters. BEL will be the prime contractor and will be supported by DI with manufacturing and maintenance for the supply of advanced Electronic Warfare (EW) suites for helicopters under the ‘Make in India’ category.

Banking , Business and Economy


Mufin Finance get Prepaid Payment Instrument licence from RBI 

One of the top NBFCs, Mufin Finance, has received preliminary authorisation from the RBI to issue semi-closed prepaid payment instruments.  Digital banks, fintech companies, and major consumer-facing applications are able to introduce features like digital payment solutions for lending thanks to a semi-closed PPI licence.  Following well-known companies like Bajaj Finserve, Manapurram, and Paul Merchants, Mufin Finance is the fourth NBFC to get a similar licence from the RBI.

RBI approves SBI's establishment of operations support subsidiary 

The Reserve Bank of India has given the State Bank of India preliminary approval for its proposed operations support subsidiary, which aims to reduce the cost-to-income ratio. Before introducing the new subsidiary across India, the bank will soon begin a pilot programme in a select areas.  Dinesh Kumar Khara, the chairman of SBI, said that a subsidiary for operations assistance is being established. It aims to allay the worry over the cost to income ratio. They already have RBI's in-principle permission, and we'll be starting a trial programme soon.

Tata Power commissions India's largest floating solar power project

Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has accomplished a remarkable feat by commissioning India's largest floating solar power project in Kayamkulam, Kerala.  On a 350-acre water body, backwaters area, having an installed capacity of 101.6 Megawatt Peak. Tata Power Solar successfully built a scaffolding platform on the water body to make the entire solar plant float on water.

Deadline for VPN providers to comply with new rules extended to Sept 25

The Indian Computer Emergency Response Team (CERT-In) has provided a three-month extension to VPN service providers to comply with new rules that require them to store user data for at least five years. The rules will now come into force on September 25. The extension comes after several VPN providers recently announced their intentions to remove local servers in India.

Awards News

S M Krishna, Narayana Murthy, Prakash Padukone selected for ‘Kempegowda International Award’ 

Former Karnataka chief minister S M Krishna, Infosys founder and IT industry veteran N R Narayana Murthy, and former badminton player Prakash Padukone, have been selected for the 'Kempegowda International Award', which has been instituted beginning this year.  Chief Minister Basavaraja Bommai will present the awards to recipients during the grand celebration on the 513th birth anniversary of Kempegowda, the architect of Bengaluru city, on June 27 at Vidhana Soudha.  The award carries a cash prize of Rs 5 lakh along with a plaque. Narayan met Krishna at his residence today on behalf of the government and informed him about the award being bestowed upon him.

Khushi Patel from UK is crowned Miss India Worldwide 2022 

The winner of the longest-running Indian beauty pageant outside of India, Miss India Worldwide 2022, was announced as British biomedical student Khushi Patel. Shrutika Mane was named the second runner up, and Vaidehi Dongre from the US was named the first runner up. The top 12 competitors at the pageant were the champions of other international competitions.  Guyana's Roshani Razack was named Miss Teen India Worldwide 2022. The first runner up was Navya Paingol from the US, while the second runner up was Chiquita Malaha from Suriname, according to the India Festival Committee (IFC), which has been running the competition for the past 29 years.

Award programme for Hindi-language authors of books Results for 2020–21 

By press announcement, the Reserve Bank of India (RBI) had called for entries for the programme mentioned in the caption.  The decision was made to jointly reward Professor Renu Jatana, a former dean of Mohanlal Sukhadia University in Udaipur, Rajasthan, and Dr. Sagar Sanwariya, an assistant professor at Government Girl's College in Nathdwara, Rajasthan, under this programme for their book Vittiye Prabhand.

Vijay Amritraj honoured with Golden Achievement Award by ITF 

Indian tennis great, Vijay Amritraj has been named the 2021 recipient of the Golden Achievement Award by the International Tennis Hall of Fame and International Tennis Federation.  In recognition of his outstanding impact on tennis as a player, promoter, and humanitarian, Amritraj was honoured in London.  He is first recipient from India and he joins an esteemed list of tennis leaders who have received the honour, including Brian Tobin of Australia, Eiichi Kawatei of Japan, and Peachy Kellmeyer of the United States.

Sports News

India break record for their highest-ever partnership in T20I cricket

India on Tuesday broke the record for their highest-ever partnership in T20Is. Sanju Samson and Deepak Hooda shared a 176-run stand for the second wicket against Ireland to record India's highest-ever T20I partnership. The previous record was set by KL Rahul and Rohit Sharma, who shared a 165-run stand for the opening wicket against Sri Lanka on December 22, 2017.

India record their 5th whitewash in international cricket in 2022, beat Ireland 2-0

India defeated Ireland by four runs in Dublin to complete a 2-0 T20I series whitewash. India have now won five international series in 2022 with a whitewash. In February, India whitewashed West Indies in a T20I series and an ODI series, and Sri Lanka in a T20I series. India then whitewashed Sri Lanka 2-0 in a Test series in March.


Navjeet Dhillon wins gold medal in discus throw at Qosanov Memorial 2022

Indian women’s discus thrower, Navjeet Dhillon won the gold medal at the Qosanov Memorial 2022 athletics meet in Almaty, Kazakhstan.  Navjeet Dhillon, who is looking to seal her place in the Indian team for Commonwealth Games, won the women’s discus throw with a 56.24m effort.  Local athlete Karina Vasilyeva with 44.61m and Uzbekistan’s Yulianna Shchukina with 40.48m followed Navjeet Dhillon on the podium.

Dhanalakshmi becomes 3rd fastest Indian woman in 200m

Ace sprinter Sekar Dhanalakshmi ran her personal best time to win 200m gold at the Qosanov Memorial Athletics.  Dhanalakshmi ran a creditable sub-23 second, clocking 22.89s to better her earlier personal best of 23.14s she had come up last year.  Dhanalakshmi is only the third Indian woman to run sub-23s after national record holder Saraswati Saha (22.82s) and Hima Das (22.88s).

Books and Authors News

Biography of George Fernandes to hit stands next month 

A new biography of one of India’s most firebrand union leaders and former Central minister George Fernandes will trace his journey from the streets of Bombay to the corridors of power in Delhi, announced the Penguin Random House India (PRHI).  “The Life and Times of George Fernandes”, written by Rahul Ramagundam, will be released under Penguin’s ‘Allen Lane’ imprint on July 25.


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