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CURRENT AFFAIRS SNIPPETS

07th September 2022

 

 

National News


India's First Intranasal COVID Vaccine by Bharat Biotech gets DCGI Approval 


India's first intranasal Covid vaccine by Bharat Biotech received approval from the Drug Controller General of India (DCGI) for primary immunization against the injection for people above the age of 18. It is India's first nasal vaccine for COVID-19.  The Union Minister of Health and Family Welfare Mansukh Mandaviya termed the vaccine a 'Big Boost' to India's fight against COVID-19. Bharat Biotech International Limited (BBIL), is a global leader in vaccine innovation and developer of vaccines for infectious diseases. The BBIL announced that the development of the Intranasal COVID vaccine (BBV154), has been approved for restricted use in an emergency.


International News


US, India will work for free and open Indo-Pacific: White House

The US will partner with India to advance a free and open Indo-Pacific, the White House has said. Press Secretary Karin Jean-Pierre said India and the US are partners in important areas, including climate, defence, vaccines and technology. The comments come as China is engaged in several territorial disputes in the South China Sea (SCS) and the East China Sea.

 


US oil price falls below $85 mark for first time since Jan over demand fears

US oil price fell below the $85 mark for the first time since January 2022 as a dollar surge and global demand concerns pulled down prices despite Russia's threat to disrupt supplies. As of 8:30 pm, US West Texas Intermediate had fallen $3.21 to $83.67/barrel while Brent crude had fallen $3.08 to $89.75/barrel. Both indices had fallen over 3.5%.

 


UN Slams Sri-Lanka's Human Rights Record 


The United Nations Human Rights Council on May 27 passed a deeply flawed resolution on Sri Lanka that ignores calls for an international investigation into alleged abuses during recent fighting and other pressing human rights concerns, Human Rights Watch said.  The council held a special session on May 26 and 27, 2009, on the human rights situation in Sri Lanka, a decade after the defeat of the Liberation Tigers of Tamil Eelam (LTTE) by government forces.  "The Human Rights Council did not even express its concern for the hundreds of thousands of people facing indefinite detention in government camps," said Juliette de Rivero, Geneva advocacy director at Human Rights Watch. "The council ignored urgent needs and wasted an important chance to promote human rights." The resolution passed with 29 votes in favor, 12 against, and 6 abstentions.


States News


Mohla-Manpur-Ambagh Chowki becomes the 29th district of Chhattisgarh


Chhattisgarh Chief Minister, Bhupesh Baghel inaugurated the newly formed district Mohla-Manpur-Ambagarh Chowki as the 29th district of the state. He also unveiled the map of the district on the occasion.  The newly formed district Mohla-Manpur-Ambagarh Chowki has been carved out of Rajnandgaon district and created as a new administrative unit. The new district will be under the Mohla-Manpur-Ambagarh Chowki Durg division.  S Jayavardhan, a 2014 batch IAS officer, has been made the first collector, while Yeduvalli Akshay Kumar will be the first SP of the newly formed district.


Appointments News


Kiccha Sudeep named as brand ambassador of Punyakoti Dattu Yojana 


The Karnataka government has appointed Kannada actor Kiccha Sudeep as the brand ambassador for “Punyakoti Dattu Yojana’ a cattle adoption scheme. The announcement was made by Animal Husbandry Minister Prabhu B Chavan.  The minister also said that the actor has decided not to charge for being the ambassador of the scheme, which is aimed at encouraging adoption by the public for the purpose of rearing cattle in 'goshalas' (cow shelters).  Sudeep is known for his remarkable role in films such as ‘Pailwan’, ‘Eega (Makkhi)’, ‘Vikrant Rona’, ‘Sparsha’, ‘Huchcha’ and ‘No 73 Shanthi Nivasa’. Sudeep started his career with Thayavva film in 1997.


Mahanagar Gas Ltd appoints Mahesh V Iyer as new Chairman 


State-run city gas utility, Mahanagar Gas Limited (MGL), has appointed Mahesh Vishwanathan Iyer as the company's new chairman. Iyer was director (Business Development) with GAIL (India) Limited till last month. Gail is the promoter of MGL.  Iyer is an electrical engineer with more than 36 years of experience in the execution of projects in the areas of gas pipelines, LNG terminals, city gas distribution projects, renewables etc, amounting to Rs.40,000 crore.  Mahanagar Gas Limited (MGL) is an Indian natural gas distribution company, incorporated on 8 May 1995. MGL is an enterprise of GAIL (India) Limited (Maharatna Company of Government of India) and the Government of Maharashtra.


Agreements News


Airtel partnered with Odisha to offer Bill Payment Solution 


Bharti Airtel has launched a pilot project in partnership with the TP Northern Odisha Distribution to offer bill payment solutions to more than 2 million customers. The pilot project will be mobilized to 4000 Airtel Payment Banks (APBs) in northern Odisha to facilitate the bill payments.  The company's ambition is to scale the project across Odisha and eventually partner with other state electricity boards for similar solutions said the Airtel IQ Business head Abhishek Biswal.  APB has 500,000 outlets across the nation. Airtel IQ is a unit of Airtel's enterprise business.  The project is currently at the National Payments Corporation of India certification stage. The certification will ensure that the project has minimal risk of digital fraud.

 

 

BANKING, BUSINESS AND ECONOMY


Inflation has eased to manageable level: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said inflation has eased to a manageable level in India in the past few months. "Some...are red-lettered (priorities), some may not be. Red-lettered ones would...be jobs, equitable wealth distribution," she said. "In that sense, inflation is not red-lettered," she added. As per data, retail inflation softened to 6.71% in July in India.


Govt to tighten rules over fake, paid reviews on social media

The Indian government has decided to tighten rules regarding fake and/or paid reviews on e-commerce websites and social media. Rohit Kumar Singh from India's consumer affairs department said that the government will soon announce a framework of regulations targeting people who are paid for endorsements. He added that those endorsing will be held liable in issues related to the product.


Will introduce framework to regulate social media: Govt tells HC

The Centre told the Delhi High Court that it will introduce a framework to regulate social media platforms at "some point in time". Since the framework will be prospective, the Centre said that suspension of social media accounts will be looked at under the existing regulations. The HC granted the Centre further time to apprise it of new developments.


Bank of Maharashtra raises ₹710 cr from bonds for business growth

State-owned Bank of Maharashtra (BoM) on Wednesday said that it has raised ₹710 crore from bonds to fund business growth. According to BoM, the capital was raised via Basel III compliant Additional Tier 1 bonds of ₹710 crore at a coupon rate of 8.74%. The issue reportedly garnered overwhelming response from investors as the issue was subscribed by 10 times.

 


Ease of doing business in India appeals to Adobe: CEO Narayen

The ease of doing business in India and digitisation appeal to Adobe, the company's CEO Shantanu Narayen said. "We have been expanding dramatically in India," Narayen said. "[To] hear about the ambitious idea of how the GDP gonna evolve, how the PLI schemes and what's happening with commerce and what's happening with transactions, it's inspiring," he added.


PSU banks is set to open about 300 branches in unbanked areas by December 2022


As part of the financial inclusion drive, public sector banks will open about 300 brick-and-mortar branches in the unbanked areas of various states by December 2022. These new branches will cover all remaining unbanked villages with a population of more than 3,000.  A Maximum number of 95 branches will be opened in Rajasthan followed by 54 in Madhya Pradesh. The public sector banks will open 38 branches in Gujarat, 33 in Maharashtra, 32 in Jharkhand and 31 in Uttar Pradesh.  The government is committed to providing financial inclusiveness and support to the marginalised and socio-economically neglected classes through its various schemes, including Pradhan Mantri Jan Dhan Yojana (PMJDY).


HDFC Bank opened new SMS banking facility for its customers


The private sector lender HDFC Bank introduced a new SMS banking facility for its customers. The bank claims that now customers can access a wide range of banking services round-the-clock, 24/7 x 365 no matter where they are.  With the new SMS banking facility, customers can now check account balances & summaries, apply for loans, manage credit cards, apply for chequebook requests, generate account statements and more.  Customers no longer need to remember or type lengthy pre-defined keywords to conduct SMS banking thanks to HDFC Bank's new SMS facility, which is integrated with AI technology.


Awards News


Mahadevikadu Kattil Thekkethil chundan wins Nehru Trophy Boat Race 


Pallathuruthy Boat Club, Mahadevikadu Kattil Thekkethil Chundan has scripted its maiden triumph in the Nehru Trophy boat race for snake boats at the Punnamada Lake in Alappuzha.  The club, led by Santhosh Chacko, completed a hat-trick of wins. A total of 77 boats, including 20 snake boats, competed in this year’s Nehru Trophy.  Nadubhagom, rowed by Kumarakom-based NCDC Boat Club, and Veeyapuram, powered by Punnamada club, finished second and third, respectively. Police Boat Club’s Chambakkulam came fourth. The top nine finishers will fight it out in next year’s Champions Boat League.


Lok Nayak Foundation Sahitya Puraskar awarded to Tanikella Bharani


Telugu writer and actor, Tanikella Bharani was presented with the annual Sahitya Puraskar of the Loknayak Foundation (18th Loknayak Foundation Award) at an award ceremony held at Kalabharathi Auditorium, Visakhapatnam, Andhra Pradesh.  The Governor of Mizoram, Kambhampati Haribabu, who participated as the Chief Guest, felicitated the award to Tanikella Bharanialong with actor Manchu Mohan Babu and others. Justice Jasti Chelameswar, a retired Judge of the Supreme Court was also present.


Ranks and Reports News


Digital India Mission: Uttar Pradesh Tops in Use of e-Prosecution Portal 


Uttar Pradesh, with 9.12 million cases, ranks at the top in the number of disposal and entry of cases through the e-Prosecution portal managed by the Union government under its Digital India Mission.  According to the figures till the end of August, Madhya Pradesh followed in second spot at 2.31 million, Bihar with 859,000, Gujarat with 487,000 and Chhattisgarh with 383,000 cases. UP also ranks at the top in disposal of online cases on this portal, with about 470,000 entries, followed by 170,000 for MP and 125,000 for Gujarat.  The portal launched by states two years ago is an initiative of the home, IT and law ministries for helping courts and the prosecution system in accelerating criminal trials in heinous crimes.


NITI Aayog: Maharashtra, Andhra Pradesh, Gujarat Top States In Implementing Poshan Abhiyaan scheme


Maharashtra, Andhra Pradesh and Gujarat have been ranked as the top three states among larger states in terms of the overall implementation of the Centre’s flagship Poshan Abhiyaan, according to a Niti Aayog report.  Sikkim was the best performer among the small states. The report titled ‘Preserving Progress on Nutrition in India: Poshan Abhiyan in Pandemic Times’ further said that 12 out of 19 large states had an implementation score of over 70 per cent.  While Dadar and Nagar Haveli and Daman and Diu topped among Union Territories (UTs), Punjab and Bihar were the lowest performers among larger states in terms of the overall implementation of Poshan Abhiyaan, as per the government think tank report.


Summits and Conferences News


Gadkari to Inaugurate Conference Manthan in Bengaluru


Union Minister for Road, Transport, and Highways, Shri Nitin Gadkari will inaugurate 'Manthan' in Bengaluru. He will be accompanied by General Dr. VK Singh, Union Minister of State for RT&H and Civil Aviation, and Shri Basavaraj Bommai, Chief Minister, Karnataka.  Ministry of Road, Transport, and Highways has organized Manthan, which is a three-day invitation conference cum public EXPO. Mathan aims to discuss multiple issues and opportunities in the roads, transport, and logistics sector and engage with the state.  The theme of Mathan is 'IDEAS TO ACTION: Towards a smart, sustainable, road infra, mobility, and logistics ecosystem.'  In this event, several state ministers, holding portfolios of the ministries of PWD, transport, and industry, and senior government officials from these ministries will participate.


Sports News


Anishka Biyani won Gold medal in Malaysian chess meet


Six-year-old Anishka Biyani has won the gold medal in the Malaysian Age Group Rapid Chess Championship at Kuala Lumpur.  Anishka, a first-grade student of Dhirubhai Ambani School, achieved the feat in the Under-6 Open category with an impressive score of four points out of a possible six to clinch the title in the girl’s category.  Earlier this year, Anishka also qualified as one of the best under-7 players in the All India FIDE rating chess tournament held in Yousufguda, Hyderabad.


Mastercard Acquires Title Sponsorship Rights for All BCCI International and Domestic Matches


Mastercard has announced its collaboration with the Board of Control for Cricket in India (BCCI) to expand its strategic outreach to Indian audiences.  During the collaboration between Mastercard and BCCI, Mastercard will be the title sponsor of all the international matches including men and women, held on the home grounds, domestic cricket matches like Duleep Trophy, Ranji Trophy, and Irani Trophy.  Also, all junior cricket matches are held in India. The sponsorship and collaboration aim to enhance the connection of Mastercard with cricket lovers across the country. Mastercard has also invested in worldwide sponsorships including UEFA, Champion League, the Grammys, the Cannes Film Festival, and the Australian and French Open tennis tournaments.


Japan’s Kenta Nishimoto won Men’s Singles at Japan Open 2022


Japan wins the singles finals of the 2022 Japan Open Badminton Tournament in Osaka. Japan is the host country of the 2022 Japan Open Badminton Tournament.  Nishimoto Kenta, 28 years old, won his first career title in the men's.  Yamaguchi Akane, World Champion won for the second successive week in women.  After three years, Japan Open was held for the first time due to the pandemic and only Yamaguchi managed to defend her title.


Important Days


International Day of Clean Air for blue skies: 7th September


The International Day of Clean Air for blue skies is observed globally on September 07 to promote and facilitate actions to improve air quality. It focuses on the transboundary nature of air pollution highlighting the need for collective accountability and collective action.  It is an UN-recognised day that aims to raise public awareness at all levels (individual, community, corporate and government) that clean air is important for health, productivity, the economy and the environment.  This year’s theme of “The Air We Share” focuses on the transboundary nature of air pollution, stressing the need for collective accountability and action.


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