Latest Current Affairs For Monday 28th February, 2022

IPL 2022 to kick start on March 26

The Indian Premier League (IPL) Governing Council announced that the league stage games will be played across four venues in Mumbai and Pune for the 15th edition of the tournament.

IPL 2022 will kick start on the 26th of March and the final will be played on 29th May.

A total of 70 league matches will be played across four international standard venues in Mumbai and Pune. 

Group A: MI, DC, KKR, RR, Lucknow Super Giants(LSG)

Group B: CSK, SH, RCB, PK, Gujarat Titan(GT)

Bangladesh-India Cultural meet kicks off in Rajshahi

The fifth Bangladesh - India Cultural meet kicked off with a colourful civic reception being given to the visiting guests from India and dignitaries in Rajshahi.

The function was presided over by the Mayor of Rajshahi city AHM Khairuzzaman Liton.

Friends of Bangladesh and Rajshahi City Corporation (RCC) are jointly hosting the four-day event between Feb 25-28 to celebrate the birth centenary of Bangabandhu Sheikh Mujibur Rahman.

President kick starts 400th birth anniversary celebrations of Lachit Borphu

President Ram Nath Kovind launched the 400th birth anniversary celebrations of Ahom general Lachit Borphukan.

He laid the foundations for a war memorial and a 150-foot bronze statue of the legendary commander.

Lachit Borphukan was a legendary army commander of the Ahom kingdom.

He is known for his leadership in the 1671 ‘Battle of Saraighat’ on the Brahmaputra that thwarted a drawn-out attempt by the mighty Mughal forces, led by Raja Ramsingh-I, to take back Assam.

India, Oman hold five-day air exercise 'Eastern Bridge-VI' in Jodhpur

The Indo-Oman exercise "Eastern Bridge-VI (2022)" was successfully conducted at Air Force Station Jodhpur from 21 to 25 February 2022.

Royal Air Force of Oman (RAFO) participated with Indian Air Force in the exercise which was aimed at providing operational exposure and undertaking mutual exchange of best practices, towards enhancing operational capabilities of both the Air Forces.

It also provided avenues of cultural exchanges between the personnel of both countries.

DBS Bank India migrates to new IFSC and MICR codes

The IFSC and MICR codes of all branches of erstwhile Lakshmi Vilas Bank have changed after the amalgamation with DBS Bank India. 

The older IFSC codes will remain valid until  28 Feb 2022, for customers’ convenience and ease of transition.

Customers will be required to use the new DBS IFSC code from March 1, 2022 onwards to receive funds through NEFT, RTGS and IMPS. 

All existing cheques issued to the third party will have to be replaced with new cheques before 28 Feb 2022. 

Dish TV ropes in Rishabh Pant as brand ambassador

Dish TV India Limited’s DTH brand D2H, has brought Indian cricketer Rishabh Pant on board as its new brand ambassador.

Pant will feature in 360-degree brand communication for D2H for the next two years.

Dish TV India Limited is a direct-to-home (DTH) company with brands such as Dish TV, Zing and D2H under its ownership.

Tan Kim Her appointed as India's Badminton Doubles Coach

Malaysian Tan Kim Her (50-year)has been appointed as India's doubles coach in badminton till the Asian Games in 2026. 

He has been credited with shaping the careers of doubles specialists Chirag Shetty and Satwiksairaj Rankireddy. 

In his first stint (2015-2019) as doubles coach in India. 

Among other things, he will identify Indian coaches with potential and assist in their skill development by holding four workshops each year.

Minister of Youth Affairs Sports:Anurag Thakur

PM Narendra Modi to be awarded prestigious Lokmanya Tilak Award 2023

The Tilak Smarak Mandir Trust (Hind Swaraj Sangh) would confer the prestigious Lokmanya Tilak National Award 2023 to Prime Minister Narendra Modi in Pune on August 1, 2023.

Reason: This award recognizes PM Modi's supreme leadership under which India has climbed the ladder of progress

It is presented annually on the occasion of Lokmanya Tilak's death anniversary.

Other awardees: Indira Gandhi, Atal Bihari Vajpayee, Sharad Pawar, Cyrus Poonawalla, and Manmohan Singh. 

J&K Bank wins award for Best Performance in CASA

Jammu & Kashmir Bank has been felicitated for the Best Performance in CASA-India (1st Runner up in Small Bank Category) at ICC Emerging Asia Banking Conclave & Awards 2022.

The event was participated by banks from India, Nepal, Bhutan, Bangladesh, Sri Lanka & Myanmar.

The function was organized by the Indian Chamber of Commerce in Goa.

Indian Chamber of Commerce (ICC) is a non-governmental trade association and advocacy group headquartered in Calcutta.

India poised to become world’s 2nd-largest economy by 2075: Goldman Sachs

According to the Investment Bank Goldman Sachs, India is poised to become the world’s second-largest economy by 2075.

As per the report, India would cross Japan, Germany, and the US With a population of 1.4 billion people.

India’s GDP is estimated to expand remarkably, reaching 52.5 trillion dollars surpassing the US GDP projection.

The labour force participation set to make India the second-largest economy in the world by 2075.

L&T and Spain's Navantia sign agreement for submarine project

L&T has signed a teaming agreement with Spanish-based Navantia for the submission of a techno-commercial bid for the Indian Navy’s prestigious P75 (India) submarine program.

P75 (India) Submarine Project is expected to be valued at €4.8 billion.

Navantia would carry out the design of P75(I) submarines based on its S80 class of submarines.

The first S80 class submarine was launched in 2021 and is undergoing sea trials prior to its delivery to Spanish Navy. 

India overtakes China as most attractive emerging market for investing

According to a study by Invesco Global Sovereign Asset Management, India has overtaken China to become the most attractive emerging market for investing in sovereign wealth funds this year.

Reason: This is due to its solid demographics, political stability, and proactive regulation. 

Positives for the nation also include the rapidly expanding demography, strong regulatory actions, and a welcoming climate for sovereign investors.

World Population Day 2023: 11 July

World Population Day is observed every year on July 11 in order to raise awareness about global population issues, including population control.

2023 theme: Unleashing the power of gender equality: Uplifting the voices of women and girls to unlock our world’s infinite possibilities. 

It was established by the United Nations Development Programme (UNDP) in 1989, after the day the world approximately reached a population of five billion, which was observed on 11 July 1987.

MoHUA conducts SBM-U 2.0 Planning & Implementation Review-cum-Workshop

The Housing Ministry organized a review-cum-workshop to evaluate and accelerate the planning and implementation of the SBM-Urban 2.0.

PM Modi launched the 2.0 versions of SBM-U and AMRUT on October 1, 2021.

SBM-U 2.0: Achieving 100% waste segregation in all households and premises and 100% door-to-door collection of segregated waste from each. 

AMRUT 2.0: To provide complete coverage of water supply to all households and sewerage and septage in 500 AMRUT cities. 

Gujarat CM launches pilot project of ‘Antyodaya Shramik Suraksha Yojana’

Gujarat CM Bhupendra Patel launched the Antyodaya Shram Suraksha Accident Insurance Scheme from Kheda

All those registered under the e-Shram portal from Nadiad will benefit from the scheme.

It is being implemented through the Indian Postal Department, the IPPB, and the Ministry of Labour and Employment.

Under this scheme, insurance with a premium of Rs. 289 and Rs. 499 per year will be a big support to workers in the event of death or partial disability.

OCA elects Sheikh Talal as the new President

Kuwait’s Sheikh Talal Fahad Al Ahmad Al Sabah has been elected as the new President of the Olympic Council of Asia (OCA).

He replaced his older brother Sheikh Ahmad Al-Fahad Al-Sabah, who led the OCA for 30 years until 2021.

The OCA was founded in 1982 by his father Fahad Al-Ahmed Al-Jaber Al-Sabah, who led it until 1990.

The Olympic Council of Asia (OCA) is a governing body of sports in Asia, currently with 45 member National Olympic Committees.

Bajaj Allianz Life Insurance wins Insurer Innovation Award 2023

Bajaj Allianz Life Insurance has won the Insurer Innovation Award 2023 for the APAC region at the 8th World Digital Insurance Awards, hosted by TDI - The Digital Insurer.

Recognition: Bajaj Allianz Life's ground-breaking WhatsApp Conversational Platform - empowering customers to digitally services their policies seamlessly. 

The award entries were shortlisted by industry experts and the winner was selected by the community through pre-voting and live event voting.