KARNATAKA BANK ECGC CURRENT AFFAIRS SNIPPETS 15TH AUGUST 2022

 

CURRENT AFFAIRS SNIPPETS

15th August 2022

 

NATIONAL

 

India donates 15,000 cycles to Madagascar on 76th Independence Day

On the occasion of India's 76th Independence Day, India has donated 15,000 cycles to Madagascar "as a symbol of growing cooperation" between the countries, Indian Embassy in Madagascar said. India announced the donation on June 3, which is World Bicycle Day. Meanwhile, the Town Hall in Madagascar's Antananarivo had also lit up in tricolour to mark India's independence.

Honoured to receive your I-Day wishes: PM Modi to Mauritius PM

After being wished on the occasion of India completing its 75 years of Independence, PM Narendra Modi thanked Mauritius Prime Minister Pravind Kumar Jugnauth. "Honoured to receive your Independence Day wishes. India and Mauritius have very deep cultural linkages. Our nations are also cooperating in a wide range of subjects for the mutual benefit of our citizens," PM Modi said.

 

Criticism of judiciary must be within bounds: India's next Chief Justice

India's next Chief Justice Uday Umesh Lalit on Monday said, "The public has the right to see whether our judgments are up to the expectations of society or not." However, he added, there must be a line that should be drawn. "Any criticism is a pointer that even...judiciary can do...course corrections...but that criticism should be within bounds," he added.

 

India rightfully enjoys high prestige globally: Putin on 76th I-Day

Russian President Vladimir Putin on Monday congratulated India on the occasion of its 76th Independence Day, stating that India "rightfully enjoys high prestige on the world stage". "India’s achievements in the economic, social and other fields are widely acknowledged...[India] plays an important role in resolving topical issues on the international agenda," Putin said in a message.

 

India-Bangladesh border force exchange sweets

On the occasion of India's 76th Independence Day, the Border Security Force (BSF) and Border Guards Bangladesh (BGB) shared sweets and greetings at the Indo-Bangladesh border in Fulbari, West Bengal. The border guarding forces of both the countries met in July and discussed reducing cross-border crimes and taking necessary steps to maintain peace and tranquillity along the border.

5th elephant reserve in Agasthyamalai landscape announced by Tamil Nadu 

The proposal to designate 1,197.48 sq.km in Kanyakumari and Tirunelveli as the Agasthiyarmalai Elephant Reserve was approved by the Union Environment Ministry. Tamil Nadu will oversee this Agasthiyarmalai Elephant Reserve, which is the fifth elephant reserve.  The forest department may be eligible for additional financing through the centrally sponsored Project Elephant after notifying the Agasthiyarmalai Elephant Reserve.

 

Bharat Biotech completes phase 3 trial of intranasal COVID vaccine

Bharat Biotech on Monday said it has completed clinical development for phase 3 trials and booster doses for the BBV154 (Covaxin) intranasal COVID-19 vaccine. Bharat Biotech International Limited announced that BBV154 has proven to be safe, well-tolerated and immunogenic in subjects in controlled clinical trials. It has been specifically formulated to allow intranasal delivery.

 

International News

 

 

​Russia ready to arm its allies with modern weapons: Vladimir Putin

Russian President Vladimir Putin said on Monday that Moscow values its ties with countries in Latin America, Asia and Africa and is ready to offer ammunition to its allies. "[We] are ready to offer our allies the most modern types of weapons, from small arms to armored vehicles and artillery to combat aviation and unmanned aerial vehicles," Putin said.

Mexican President proposes peace commission led by 3 leaders including PM Modi 

The Mexican President, Andrés Manuel López Obrador has proposed that the top commission should include Pope Francis, the UN Secretary-General, Antonio Guterres, and Indian PM Narendra Modi.  The aim of the commission would be to present a proposal to stop the wars around the world and reach an agreement to seek a truce for at least five years. The commission aims to stop wars across the world and reach an agreement to seek a truce for at least five years.

Argentina's Rear Admiral Guillermo Pablo Rios named UNMOGIP's head 

An experienced Argentinean navy officer, Rear Admiral Guillermo Pablo Rios has been named Head of Mission and Chief Military Observer for the United Nations Military Observer Group in India and Pakistan (UNMOGIP) by UN Secretary General Antonio Guterres .  Major General José Eladio Alcain of Uruguay steps down in favour of Rear Admiral Guillermo Pablo Rio of Argentina as Head of Mission and Chief Military Observer for UNMOGIP, whose task is about to be completed. Major General Alcan was thanked by the Secretary-General for his assistance with UN peacekeeping activities.

IMD-UNDP and Japan collaborate for climate action in 10 States and UTs

IMD-UNDP initiates a new project to speed up climate action in 10 States and Union Territories throughout the nation has been unveiled by the India Meteorological Department (IMD), the government of Japan, and the United Nations Development Programme (UNDP).  During the years 2022–2023, the project of IMD-UNDP will be implemented in the following states: Bihar, Delhi–NCR, Gujarat, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Sikkim, Uttarakhand, and Uttar Pradesh.  UNDP India has received a $5.16 million climate grant from Japan for the project of IMD-UNDP. This is a component of the worldwide assistance provided by Japan to 23 nations through the UNDP's "Climate Promise — From Pledge to Impact" initiative.

 

EAM Jaishankar condoles the loss of lives in Egyptian church fire

xtended condolences to the families of the victims of the fire tragedy that claimed the lives of 41 people in a church in Egypt on Sunday. "Wish a speedy recovery to those injured," he further stated. According to the Egyptian health ministry, 55 people were injured in the incident.

 

.

BANKING, BUSINESS AND ECONOMY

SBI to run Indian Visa Centres (IVAC) in Bangladesh 

The State Bank of India (SBI) will manage the Indian Visa Application Centre (IVAC) in Bangladesh for two more years. The agreement to extend the operations for two more years was signed between the officials of the SBI and the High Commission of India in Dhaka.  The IVAC will also be starting a few additional services soon which include facilitation for online form filling and submission of forms, slot booking and launching of a mobile app. A priority lounge was also inaugurated at the IVAC centre in Dhaka.

Retail Inflation Eases To 6.71% In July

Retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month.  With retail inflation continuing to remain high despite a fall in prices of vegetables and edible oils, among other commodities in July, the Reserve Bank of India (RBI) might go for another rate hike in September.  The Consumer Price Index (CPI) based retail inflation was at 7.01 per cent in June and 5.59 per cent in July 2021. It was above 7 per cent from April to June this fiscal.

Mahindra signs deal with Volkswagen to receive electric vehicle components

Mahindra & Mahindra has signed a term sheet with Volkswagen Group under which it will receive components for its electric vehicles. The cooperation aims at parts for over 1 million vehicles till 2030 and includes equipment of 5 electric SUVs. Mahindra expects 20-30% of its total SUV sales from its electric models by March 2027.

Infosys is in stable position because of its founders: CEO Parekh

Infosys CEO Salil Parekh praised the company's founding members for building an "incredible organisation" and voiced confidence that the firm will continue to be stable. In an interview with PTI, Parekh said he believes that Infosys is "well-positioned" to leverage tech-led growth opportunities over the next several years. Infosys raised full-year revenue growth outlook to 14-16% for FY23.

 

Ministry of Social Justice launches SMILE-75 initiative 

The Ministry of Social Justice & Empowerment, Government of India, has identified 75 Municipal Corporations to implement comprehensive rehabilitation of persons engaged in the act of begging under “SMILE: Support for Marginalised Individuals for Livelihood and Enterprise” named as “SMILE-75 Initiative”.  The Government of India has recognised the persisting problem of destitution and beggary and formulated a comprehensive scheme of SMILE which includes a sub-scheme of comprehensive rehabilitation for persons engaged in begging that covers identification, rehabilitation, provision of medical facilities, counselling, and education, skill development for a decent job and self-employment/entrepreneurship.

Sports News

Tata Steel Chess India Tournament 2022: Women’s section introduced for first time

The 4th edition of the Tata Steel Chess India tournament will be held in Kolkata from November 29 to December 4, 2022. For the first time, a separate women’s section has been added in the tournament, which had only the Open section so far.  Tata Steel Chess India (rapid and blitz) is one of the most important chess tournaments in India. Top Indian female players like Koneru Humpy, D Harika, and R Vaishali will compete in the maiden women’s edition.

1st Khelo India Women’s Hockey League (U-16) to be held at Major Dhyanchand Stadium

The first Khelo India Women’s Hockey League under-16 is scheduled to be held at the Major Dhyanchand Stadium in New Delhi from August 16 to 23, 2022.  The Khelo India Women’s Hockey League (U-16) is yet another endeavour by the Khelo India’s Sports for Women component, which takes the most necessary steps to power in more female participation in a wide array of sports competitions.  The support extends to not only giving grants but also helping in the proper organization and execution of the events.

1st edition of Women's IPL to be held in March 2023

The 1st Edition of  Women Indian Premier League will be starting from March 2023 to be held in a one-month window and in all likelihood with five teams, a senior BCCI official confirmed.  The BCCI bigwigs have discussed the issue and a March window has been found for the tournament after the Women's T20 World Cup in South Africa.  Both BCCI president Sourav Ganguly and secretary Jay Shah in separate interviews had earlier confirmed that 2023 is the year when WIPL would start.  A lot of cricket lovers believe that WIPL will bring in a revolution and the standard of women's cricket in India will have a quantum leap. It is understood that teams like Mumbai Indians, Rajasthan Royals, and Chennai Super Kings have all expressed their interest in buying teams.

 

OBITUARY
TRS leader, who switched from CPI(M), hacked to death in Telangana

TRS leader Tammineni Krishnaiah was hacked to death by assailants in Telangana's Khammam on Monday. The 55-year-old politician, who was murdered shortly after hoisting the tricolour, had recently switched to the TRS from CPI(M). Notably, Telangana CPI(M) Secretary Thammineni Veerabhadram, who happens to be Krishnaiah's cousin, has been accused by his relatives of orchestrating the crime.

Important Days

International Lefthanders Day observed on 13th August

International Lefthanders Day is observed on August 13 across the world. The day is observed to raise awareness about the lefty people’s experience with living in a right-hand dominant world.  The day also spreads awareness on issues faced by left-handers, eg the importance of the special needs for left-handed children and the likelihood for left-handers to develop schizophrenia.  International Lefthanders Day was launched by the Club as an annual event on 13th August 1992 when lefthanders everywhere can celebrate their uniqueness and also increase awareness in the public about the advantages and disadvantages of being left-handed.

World Organ Donation Day celebrates on 13th August

World Organ Donation Day is observed globally on the 13th of August. This day is observed to spread awareness about the importance of donating organs.  It also plays a pivotal role in debunking various misconceptions about donating organs.  Donating organs of the deceased like kidneys, heart, pancreas, eyes, lungs, etc can help save the lives of those who are facing chronic illnesses. However, it is important to ensure those who donate their organs do not suffer from HIV, cancer, or any heart disease.  This year's theme for World Organ Donation Day 2022 is “let’s pledge to donate organs and save lives”. The Day is celebrated to raise awareness of the need for donating organs and to thank donors for their life-saving contributions.

World Sanskrit Diwas 2022: History, Importance and Objectives

World Sanskrit Day or World Sanskrit Diwas 2022 is celebrated on the occasion of Shraavana Poornima.  World Sanskrit Day also coincides with the festival of Raksha Bandhan. In 2022, World Sanskrit Day is celebrated on 12th August 2022.  Sanskrit is the mother of all languages and it is one of the oldest languages to exist in the World.  The main objective to celebrate the World Sanskrit Diwas 2022 is to encourage and make the upcoming generation familiar with the oldest language and the mother of all languages. 

 

@@@@