Latest Current Affairs For Tuesday 28th June, 2022

Cyclist, Ronaldo becomes first Indian to win silver at Asian Championship

India’s Ronaldo Singh has scripted history by winning Silver in the sprint event at the Asian Cycling Championships 2022.

He also became the first Indian cyclist to win a silver medal (including the Elite category) at the Asian Track Championship.

Ronaldo Singh Laitonjam hails from Manipur, and started cycling at the age of 14.

He had created a national record in the quarter-final with a 9.946s sprint (first Indian to breach 10 sec mark).

IAF participates in Tactical Leadership Program of Egyptian Air ForceIAF participates in Tactical Leadership Program of Egyptian Air Force

Indian Air Force has participated in Tactical Leadership Programme at Egyptian Air Force Weapon School in Cairo west Airbase.

Indian Air Force: Three Su-30MKI aircraft, two C-17 aircraft and 57 IAF personnel including C-17 contingent.

A month long event, is a unique exercise with Air assets in a Large Force Engagement environment, simulating various conflict scenarios.

Aim: Enhancing defence cooperation between the two countries and exchange of best practices.

Anil Khanna appointed as the acting President of IOA

The Delhi High Court has passed an order, that Narinder Dhruv Batra cannot continue as the President of the Indian Olympic Association (IOA) in a contempt proceeding.

While hearing a contempt proceeding filed on behalf of former Olympian Aslam Sher Khan against Batra, IOA secretary general Rajeev Mehta and Sports Secretary.

The court has also appointed Anil Khanna as acting president.

Batra was become an IOC member in 2019.

IRS officer, Nitin Gupta appointed as new chairman of CBDT

Indian Revenue Service (IRS) officer, Nitin Gupta has been appointed as the new chairman of Central Board of Direct Taxes (CBDT).

Gupta, will replace Sangeeta Singh who had been given an addition charge after the retirement of JB Mohapatra on April 30.

The CBDT is headed by a Chairman and may consist of six members in the rank of Special Secretary.

It is the administrative body for the Income Tax Department.

A noted lyricist, Chowalloor Krishnankutty passed away

A noted lyricist, author and journalist, Chowalloor Krishnankutty has passed away at the age of 86.

Krishnankutty has penned over 3000 devotional songs and authored more than 200 books.

He was retired from the Malayala Manorama daily as an Assistant Editor.

Awards: Kerala Sahithya Academy Award for satire, Poonthanam Jnanapana and Revathy Pattathanam Awards among others.

He was also worked as the Vice-Chairman of the Kerala Kalamandalam.

World MSME Day 2022: 27 June

The World Micro, Small, and Medium Enterprises (MSME) day is observed annually on June 27 to recognise the contribution of these industries in the implementation of the Sustainable Development Goals (SDGs).

Theme 2022: Resilience and Rebuilding: MSMEs for Sustainable Development.

The United Nations General Assembly (UNGA) has marked first World MSME Day by 74th Plenary on April 6, 2017.

MSME minister: Narayan Rane

Iran launches a solid-fueled rocket, Zuljanah into space

Iran has launched a solid-fueled rocket, a 25.5 meter-long rocket into space.

Rocket name: Zuljanah

This rocket is capable of carrying a satellite of 220 kilograms.

It will gather data in low-earth orbit and promote Iran’s space industry.

This launch just comes after the European Union’s foreign policy chief, Josep Borrell, traveled to Tehran in a push to resuscitate negotiations over Iran’s nuclear program that have stalemated for months.

Vijay Amritraj honoured with 2021 Golden Achievement Award

India’s Vijay Amritraj has been awarded the 2021 Golden Achievement Award by the International Tennis Hall of Fame and International Tennis Federation.

This award is conferred to a person who has made important contributions internationally to tennis in the fields of administration, promotion, or education and has devoted long and outstanding service to the sport.

The award was presented at a special celebration hosted in London.

G7 leaders pledge 600 billion for developing countries

During the Group of Seven (G7) Summit in Germany's Bavarian Alps, G7 leader has made an announcement to help developing countries tackle climate change and pledge to raise 600 billion dollar.

This will boost help to give a boost to the economies of countries.

G7 is offering sustainable, quality infrastructure and will be listening closely to the recipient countries.

G7 members: Canada, France, Germany, Italy, Japan, the UK, the USA and the EU.

Madhya Pradesh clinches first ever Ranji Trophy title against Mumbai

Madhya Pradesh has created history after defeating the 41-time champions, Mumbai by six wickets to win their first-ever Ranji Trophy title at M.Chinnaswamy Stadium in Bengaluru.

Madhya Pradesh has chased down 108 in the fourth innings for the fall of four wickets.

Madhya Pradesh has now become the fourth first-time winner of the Ranji Trophy in the last five seasons - joining Gujarat, Vidarbha (two-time winners now) and Saurashtra.

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.