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23rd June 2022

 

 

 

National News

Asia's richest man Gautam Adani pledges ₹60,000 crore to charity to mark his 60th b'day

Gautam Adani, Asia's richest person, has pledged to donate ₹60,000 crore to social causes to mark his 60th birthday, which falls on June 24, as well as his father's 100th birth anniversary. "Adani Family is gratified to commit ₹60,000 crore...towards healthcare, education and skill-development across India," he tweeted. "Contribution to help build an equitable, future-ready India," Adani added.

Senior IPS officer Dinkar Gupta appointed Director General of NIA

IPS officer Dinkar Gupta was appointed the Director General of the National Investigation Agency (NIA) on Thursday, a Personnel Ministry order said. The 1987-batch officer will hold the post till March 31, 2024, which is the date of his retirement. In another order, Special Director in the Intelligence Bureau, Swagat Das, was appointed Special Secretary (Internal Security) in Home Ministry.

Couples must buy 3-year health insurance for surrogate mothers: Govt

A couple opting for surrogacy must buy a 3-year health insurance cover for the surrogate mother, according to the Surrogacy (Regulation) Rules issued recently. The insurance amount must be enough to cover expenses for complications arising out of pregnancy as well as postpartum complications. The government has allowed only three attempts of any surrogacy procedure on the surrogate mother.

 

 

Assam becomes 36th State/UT to implement One Nation One Ration Card 

Assam has become the 36th State to implement the One Nation One Ration Card (ONORC) scheme. With this, the ONORC plan is successfully implemented in all 36 states, and Union Territories, making food security portable throughout the country.  This is a one-of-its-kind citizen-centric initiative in the country, which is swiftly implemented in a short span of time covering about 80 Crore beneficiaries, after being initiated in August 2019, the Ministry of Consumer Affairs, Food and Public Distribution said in a statement today.

Union Minister Bishweswar Tudu inaugurates 20th Folk Fair in Odisha’s Puri 

Minister of State for Tribal Affairs and Jal Shakti, Bishweswar Tudu inaugurated the 20th Folk Fair (National tribal/folk song & dance festival) and 13th Krishi Fair 2022 at Saradhabali in Puri, Odisha.  The two fairs which aimed at preserving tribal culture and promoting innovation in agriculture respectively will continue for five days and conclude on 24th June.  The objective of the 20th Folk Fair 2022 is to emphasize the importance of tribal culture and establish its originality and uniqueness. Through the fair, attempts are being made to help the groups and individuals from the tribal communities to showcase their talents in the preserve their culture.

Tamil Nadu became the largest state in outstanding microfinance loan 

Tamil Nadu replaced Bihar and West Bengal to become the largest state in terms of outstanding portfolio of microfinance loans.  According to MFIN Micrometer Q4 FY21-22, a quarterly report published by Microfinance Institutions Network (MFIN), the gross loan portfolio (GLP) of Tamil Nadu as of March 31, 2022 stood at ₹36,806 crore. It was followed by Bihar (₹35,941 crore) and West Bengal (₹34,016 crore).  At the end of Q3FY22, West Bengal topped the chart with the highest outstanding portfolio of loans at ₹32,880 crore, followed by Tamil Nadu (₹32,359 crore).

 

India’s first ‘Balika Panchayat’ constituted in five villages of Gujarat 

The country's first-ever, ‘Balika Panchayat’, has started in five villages of Gujarat's Kutch district. The initiative aims to promote the social and political development of the girls and ensure their active participation in politics.  The Panchayat has started in Kunaria, Maska, Motagua, and Vadsar villages of the Kutch district.  This initiative has been taken by the Women and Child Development Welfare Department of the Gujarat Government under the 'Beti Bachao Beti Padhao' campaign.  The Ministry of Women and Child Development is also planning to begin the girl panchayat across the country.

'Single-Use Plastic' use to banned by Union Govt. from 1st July, 2022 

'Single-Use Plastic' use to be outflow from July 1st, 2022 by the Union government. Single-use plastics, particularly those made of polystyrene and expanded polystyrene, will be illegal to produce, import, stock, distribute, sell, and use starting on July 1, 2022, nationwide.  A national task group has also been established by the Environment Ministry to make coordinated efforts in this area.  Earbuds, plastic balloon sticks, flags, candy sticks, ice-cream sticks, polystyrene (thermocol), plates, cups, glasses, forks, spoons, knives, straws, trays, wrapping or packaging films around sweets boxes, invitation cards, cigarette packets, plastic or PVC banners less than 100 micron, and banners made of less than 100 micron thick are among the 19 items identified as SUP.

International News

Sri Lanka revises Minimum Age for Migrant Domestic Workers 

In Sri Lanka, the government has amended the minimum age limit for women leaving for foreign employment as domestic aides to 21 years of age. The decision was announced at the weekly Cabinet meeting.  However, the minimum age limit for Saudi Arab has been set at 25 years, and 23 years for the other countries in the Middle East. The minimum age limit announced as 21 for the rest of the Middle East countries other than Saudi Arabia.

Mongolia’s Khuvsgul lake added to UNESCO World Network of Biosphere Reserves 

Khuvsul Lake National Park of Mangolia has been added to the World Network of Biosphere Reserve of UNESCO.  The decision was made during the 34th session of the International Co-ordinating Council of the Man and the Biosphere Programme taking place in Paris, France.  Khuvsgul Lake is located in the northern Mongolian province of Khuvsgul near the Russian border, holding nearly 70 per cent of Mongolia’s fresh water, or 0.4 per cent of the world’s total.  The lake is 1,645 meters above sea level, 136 km long and 262 meters deep.

White House: The US prioritises its bilateral relations with India 

The US prioritises its bilateral relationship with New Delhi and views India as a "very crucial" strategic ally in the strategically significant Indo-Pacific region, according to the White House, which also noted that each country must make its own choices about Russia.  Because Russia began a "special military operation" in the neighbouring Ukraine, the US-led Western nations have imposed punishing sanctions on it.  India is a "very important strategic partner in the Indo-Pacific region."
Industry data show that as refiners buy Russian crude available at a significant discount as a result of the conflict in Ukraine, Russia has surpassed Saudi Arabia to become India's second-largest oil supplier after Iraq.  About 25 million barrels of Russian oil, or more than 16 percent of their total oil imports, were purchased by Indian refiners in May.  India reiterated earlier this month that its needs for energy security serve as the basis for its purchases of crude oil from Russia.

Ruchira Kamboj named as next Permanent Representative of India to the UN 

Senior Diplomat Ruchira Kamboj, currently Indian ambassador to Bhutan, has been appointed as the next Permanent Representative of India to the United Nations at New York.  She will succeed TS Tirumurti as the Indian ambassador to the United Nation. Ministry of External Affairs said, Ruchira Kamboj is expected to take up the assignment shortly.

BANKING, BUSINESS AND ECONOMY News

 

PhonePe and Kotak General Insurance come Together to Provide Motor Insurance 

Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) announced that it has partnered with PhonePe Insurance Broking Services Pvt. Ltd (PhonePe), a digital payments platform, to offer motor insurance to PhonePe's 380 million users, placing a significant bet on the digital distribution and direct-to-customer space.  Kotak General Insurance will provide its clients quick and easy vehicle and two-wheeler insurance policies via PhonePe.  Through this partnership, PhonePe users will be able to quickly and easily purchase automobile and two-wheeler insurance online from the convenience of their smartphones.  The relationship with PhonePe will enable to connect and engage with customers who are digital natives and seeking convenience.
Kotak General Insurance, made it a mission to serve customers with straightforward and simple-to-understand solutions.

 

Mumbai accounts for 20% of India's stalled realty projects: CREDAI-MCHI

The Mumbai Metropolitan Region accounts for over 20% of stalled realty projects in India, said CREDAI-Maharashtra Chamber of Housing Industry (MCHI) President Boman Irani. As of June 1, out of 35,488 projects in India, 9,304 were completed and over 26,000 remained pending, including regular and stalled projects. "It's important to complete [projects] to maintain a steady cash inflow," Irani said.

 

Indian’s funds in Swiss banks jumps over Rs 30 lakh crore in 2021 

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021, according to annual data from Switzerland’s central bank.  The rise in aggregate funds of Indian clients with Swiss banks, from 2.55 billion Swiss francs (Rs 20,700 crore) at the end of 2020, marks the second consecutive year of increase.  India was placed at 44th place, ahead of countries like Poland, South Korea, Sweden, Bahrain, Oman, New Zealand, Norway, Mauritius, Bangladesh, Pakistan, Hungary and Finland.  In BRICS nations, India stood below Russia (15th place) and China (24th), but above South Africa and Brazil.

Defence News

Shanan Dhaka secured 1st rank to the First Women's NDA Batch

Shanan Dhaka, daughter of Sundana village of Rohtak, has secured the first rank in the examination for admission to the country’s first women’s NDA batch. Shanan has secured 10th position in Boys’ examination and first position in Girls’ examination across the country.  Selected for lieutenant, Shanan Dhaka, inspired by grandfather Subedar Chandrabhan Dhaka and father Nayak Subedar Vijay Kumar Dhaka, joined the army and chose to serve the country.

Sports News

Indian women's Wrestling team wins Under-17 Asian Championship 

Indian women's Wrestling team has won five medals to claim Under-17 Asian Championship title with a total of eight gold at Bishkek, Kyrgyzstan.  India lifted the title with a total of 235 points from eight golds, one silver and one bronze. Japan had to be content with the runners-up trophy with 143 points and Mongolia finished third with 138 points.

Books and Authors News

Haryana CM releases a book ‘Ashtang Yoga’ by Dr Sonu Phogat 

Haryana Chief Minister Manohar Lal khattar on the eve of 8th International Yoga Day released a book titled Ashtang Yoga authored by Dr Sonu Phogat. Manohar Lal khattar  said that every person should have a resolution for Yoga and he has to connect himself with the resolution.  He said that the Mantra of Yog to Sehyog will show us a new way to the future. Appreciating the efforts of writer Dr Sonu Phogat, it is a matter of  pride that the book on Yoga was released on the eve of International Yoga Day. He said that it will benefit the people.

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