Daily Current Affairs June 05 & 06 2022 | Latest News | Download PDF

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CURRENT AFFAIRS: IMPORTANT DAYS

World Environment Day- 5^th June

• Every year on June 5, the globe celebrates World Environment Day.
• The day’s goal is to raise awareness and action for environmental conservation.
• In the year 2022, Sweden is the host of world environment day

World Environment Day 2022 Theme

• The theme of World Environment Day 2022 is “Only One Earth.”
• It advocates for policy and lifestyle reforms that will enable cleaner, greener, and more sustainable living in harmony with nature.

World Environment Day History

• The United Nations created World Environment Day in 1972 during the Stockholm Conference on the Human Environment.
• The topic of World Environment Day in 1974 was ‘Only One Earth.’
• World Environment Day was first recognized in the United States in 1974.

World Environment Day Significance

• World Environment Day has served as a forum for bringing attention to environmental concerns such as marine pollution, overcrowding, global warming, sustainable consumerism, and wildlife crime.
• The purpose of the day is to raise awareness about the significance of the environment and to remind people that nature should not be taken for granted.
• As to the United Nations: “The celebration of this day provides us with an opportunity to broaden the basis for an enlightened opinion and responsible conduct by individuals, enterprises, and communities in preserving and enhancing the environment.”

CURRENT AFFAIRS: NATIONAL NEWS

Union Minister Dr. Virendra Kumar launched the Scheme “SHRESHTA”:

• Union Minister for Social Justice and Empowerment, Virendra Kumar launched the “SHRESHTA” program for boarding education for high school students in the targeted areas.
• The Student Boarding Education in Targeted Areas (SHRESHTA) program was built to provide quality education and opportunities even to the poorest.

Objectives:

• Scheduled Caste students, as per the Constitutional mandate.
• Students from Scheduled Caste communities, long-standing victims of inequality, are left out of quality education and disadvantaged across generations due to a lack of education complete.
• Government efforts to expand non-discriminatory educational institutions have worked well to achieve near-universal access.
• However, the goal of providing access to quality education on a level playing field is still far from reality.
• Accordingly, the Department, as a new initiative, has introduced a program to provide quality education in primary boarding schools to deserving SC students who cannot afford to attend school. fees for these schools.

About SHRESHTA

• The government has approved a new scheme named SHRESHTA (Residential Education for Students in High Schools in Targeted Areas) to provide seats for the meritorious SC boys and girls in the best private residential schools in the country.
• Every year, it is expected that about (3000) students would be selected for admission in Class 9 and Class 11 under the scheme.
• The objective of the Scheme for Residential Education for Students in High Schools in Targeted Areas (SHRESHTA) is as follows:
• To enhance the reach of the development initiative of the government.
• To fill the gap in service-deprived Scheduled Castes (SCs) dominant areas in the sector of education by collaborating with voluntary organizations.
• To provide an environment for socio-economic upliftment and overall development of the Scheduled Castes (SCs).
• To provide access to high-quality education to bright Scheduled Caste (SC) students so that they can explore future opportunities.

CURRENT AFFAIRS: INTERNATIONAL NEWS

UN Approves changing Turkey’s official name to ‘Türkiye’

• The United Nations has changed the Republic of Turkey’s country name the organization from “Turkey” to  “Türkiye” after a request from the country’s government.
• In December 2021, Turkish President Recep Tayyip Erdogan ordered the use of Türkiye to better represent Turkish culture and values, including demanding that “Made in Türkiye” be used instead of “Made in Turkey” on exported products.
• UN spokesman Stephane Dujarric stated that a letter had been received from the Turkish foreign minister Mevlut Cavusoglu addressed to Secretary-General Antonio Guterres, requesting the use of “Türkiye” instead of “Turkey” for all affairs.

About Türkiye :

• President : Recep Tayyip Erdogan
• Currency : Turkish lira
• Capital :Ankara

CURRENT AFFAIRS: STATE NEWS

Special Health Care Abhiyan ‘Anchal’ launched for pregnant women in Rajasthan

• A Special Health Care Abhiyan ‘Anchal’ has been launched in the Karauli district of Rajasthan for pregnant women.
• ·         More than 13,000 women have benefited from this Abhiyan.

Aim :

• To ensure all necessary medical aid to pregnant women at the pre and post-natal stage so that maternal and infant mortality rates could be reduced.

About the ‘Anchal’ Campagin :

• During the campaign, 13,144 pregnant women were tested for their hemoglobin levels, out of which 11,202 were found to be anemic.
• Tested anemic women were advised to take the right medicine and necessary nutritious diet & also advised to keep themselves stress-free.
• Under this campaign, it also ensured that the Auxiliary Nurse Midwife and ASHA workers in the district will keep in constant contact with the pregnant women of their respective areas and provide them with necessary counseling and treatment as and when required.

About Rajasthan :

• Governor: Kalraj Mishra
• Capital: Jaipur
• Chief minister: Ashok Gehlot

Delhi to rename streets and colonies after Babasaheb Ambedkar

• The Delhi government is set to replace the word ‘Harijan’ from the names of colonies & streets and name them after Babasaheb Ambedkar
• The proposal has come in the wake of the central government’s guideline advising against the use of the word “Harijan”, considered derogatory by scheduled caste communities.
• A proposal to this effect has been tabled by Social Welfare Minister Rajendra Pal Gautam.
• The Delhi government under the leadership of Chief Minister Shri Arvind Kejriwal strives to uplift the SC (scheduled caste), ST (scheduled tribe), and OBC (other backward class) communities living in the national capital.

Additional Info :

• Delhi will be one of the first states in the country to curb the use of the word which many people claim is “offensive and derogatory.

About Delhi :

• Governor: Vinai Kumar Saxena
• CM: Arvind Kejriwal

CURRENT AFFAIRS: BANKING & FINANCE

HDFC Ltd Partners with Accenture to digitally transform the lending business

• India’s largest housing finance company, HDFC Ltd., has collaborated with global information technology services firm Accenture to digitally transform its lending business.

Aim :

• To make HDFC create a paperless lending experience through a new analytics-powered cloud-native lending platform.

About the Partnership :

• The collaboration is powered by cloud-native applications, machine learning, automation, and advanced analytics.
• The tie-up will revamp HDFC’s customer experience and business processes to provide greater operational agility and efficiency, and drive business growth.
• The platform also includes a mobile application and a web-based portal for customers, which is developed using human-centric design principles to enable digital-native experiences and reduce the time taken for customer onboarding.
• It will also offer customers real-time visibility into their home loan application status and other related service requests anytime, anywhere.
• The mobile application with a specially designed, the gamified user experience would help HDFC’s large sales field force and channel partners track business leads and service customers in real-time.

About HDFC Ltd :

• Founded: 1977
• Headquarters: Mumbai, Maharashtra, India
• MD: Renu Sud Karnad

About Accenture :

• Founded: 1989
• Headquarters: Dublin, Ireland
• CEO: Julie Sweet

ToneTag emerges the winner in 2 categories in RBI’s first global hackathon

• A brand of Naffa Innovations Pvt Ltd, Tone Tag, has been declared the winner in two categories in the RBI’s first global hackathon Harbinger 2021.

Aim of hackathon Harbinger 2021 :

• To encourage entrepreneurs to suggest innovative solutions for smarter digital payments.
• The Reserve Bank had launched its first global hackathon – “Harbinger 2021 – Innovation for Transformation” with the theme ‘Smarter Digital Payments’ in November 2021.

About Harbinger 2021 :

• The hackathon had received an encouraging response with 363 proposals submitted by teams from within India and 22 other countries, including the US, UK, Sweden, Singapore, Philippines, and Israel.
• The hackathon ran in three phases, with shortlisting of proposals in the first phase, solution development in the second phase, and the final evaluation in the third phase.
• The third phase of the final evaluation was held on May 26-27, 2022, in Bengaluru, Karnataka.
• The winners in each category were selected based on problem comprehension, inventiveness, solution comprehensiveness, ease of implementation, demonstration/user experience, etc.
• ToneTag won in two categories, namely:

1. Innovative, easy-to-use, non-mobile digital payment solutions for converting small-ticket cash transactions to digital mode’
2. ‘Context-based retail payments to remove the physical act of paymen’.

• In all, there were four categories.
• napID Cybersec Pvt Ltd (INDIA) and TrustCheckr (INDIA) were the winners of the other two categories.
• The runner-ups were Extolabs LLC (USA); neoEYED (USA); Sperotel Technologies LLP (INDIA); Ezetap Mobile Solutions Pvt Ltd (India); and Lalit Kumar Pagaria (India).

About Tone Tag :

• Founded: September 2013
• Headquarters: Bengaluru, Karnataka, India
• CEO: Kumar Abhishek
• ToneTag is a voice-based commerce and payments, solution provider.

State Bank of India revises up FY23 economic growth forecast to 7.5%

• The SBI Research has projected the Indian economy to grow at 7.5 percent in 2022-23, an upward revision of 20 basis points from its earlier estimate.
• The real GDP will incrementally increase by Rs 11.1 lakh crore in FY23.

Key Highlights :

• The economy grew by 8.7 percent in FY22, net adding Rs 11.8 lakh crore in the year to Rs 147 lakh crore, & this was however only 1.5 percent higher than the pre-pandemic year of FY20.
• On rising corporate growth, the report notes that in FY22, around 2,000 listed companies reported 29 percent top-line growth and a 52 percent jump in net profit over FY21.
• Construction sectors including cement, steel, etc reported impressive growth in both revenues as well as net income with a 45 percent and 53 percent, rise respectively in revenue.
• Nominal GDP expanded by ₹ 38.6 lakh crore to ₹ 237 lakh crore, or 19.5 percent annualized & In FY23, as inflation remains elevated in the first half, nominal GDP will grow 16.1 percent to ₹ 275 lakh crore
• Given the higher crude prices, trading over $120 a barrel, the report sees inflation averaging at 6.5-6.7 percent in FY23.

CURRENT AFFAIRS: BUSINESS NEWS

Govt ratifies 8.1 pc EPF interest rate for 2021-22:

• The government has approved an 8.1 percent rate of interest on employees’ provident fund (EPF) deposits for 2021-22 – an over four-decade low – for about five crore subscribers of retirement fund body EPFO.
• Earlier in March this year, the Employees’ Provident Fund Organisation (EPFO) had decided to lower the interest on provident fund deposits for 2021-22 to 8.1 percent from 8.5 percent provided in 2020-21.
• the Ministry of Labour and Employment has conveyed the approval of the central government to credit an 8.1 percent rate of interest for 2021-22 to each member of the EPF scheme.
• Now, after the ratification of the interest rate by the government, the EPFO would start crediting the fixed rate of interest for the fiscal into the EPF accounts.
• The 8.1 percent EPF rate of interest is the lowest since 1977-78 when it stood at 8 percent.
• The 8.5 percent interest rate on EPF deposits for 2020-21 was decided by the Central Board of Trustees (CBT) in March 2021.

About EPFO:

• The Employees’ Provident Fund Organisation is the statutory body under the Government of India’s Ministry of Labour and Employment, which is responsible for the regulation and management of provident funds in India.
• The EPFO administers the mandatory provident fund.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

Govt appoints A Manimekhalai as MD of Union Bank

• The government has appointed Canara Bank executive director A Manimekhalai as managing director(MD) of Union Bank of India (UBI).
• Manimekhalai replaced Rajkiran Rai G, who retired on May 31 after a five-year stint.

About A Manimekhalai :

• Manimekhalai, a Master of Business Administration degree holder from Bangalore University, joined erstwhile Vijaya Bank as Officer in 1988.
• She was also General Manager of Vijaya Bank and headed the Bangalore north region.
• She was instrumental in devising and implementing strategic policies, covering core areas like strategic planning, setting organizational goals, growth strategies, action plans, compliance, internal control, etc

Note :

• Manimekhalai became the first woman managing director of Union Bank of India.

Other Appointments :

• Swarup Kumar Saha has been appointed as the MD & CEO of Punjab & Sind Bank.
• Saha, who is the executive director of Punjab National Bank (PNB), replaced S Krishnan, who also superannuated on May 31.

About Swarup Kumar Saha :

• Saha, is a graduate of Science from the University of Calcutta, Kolkata.
• He started his career in banking in the erstwhile Oriental Bank of Commerce in the year 1990 as Probationary Officer.
• In a career spanning over three decades, he has vast experience and expertise in Human Resource Development, Treasury, International Banking, Credit, Risk Management, Organization Restructuring, and Board matters.
• Executive Director of the Indian Overseas Bank (IOB) Ajay Kumar Srivastava has been appointed as MD & CEO of IOB.
• He will succeed Partha Pratim Sengupta who retires at the end of 2022.
• The Banks Board Bureau (BBB), had recommended their names for the appointment of MD & CEO.

About BBB :

• Founded: 28 February 2016
• Headquarters: Mumbai, Maharashtra
• Chairperson: Bhanu Pratap Sharma

About UBI :

• Founded: 11 November 1919
• Headquarters:  Mumbai, Maharashtra, India

About PNB :

• Founded: 19 May 1894
• Headquarters: Dwarka, Delhi, India

About IOB :

• Founded: 10 February 1937
• Headquarters: Chennai, Tamil Nadu, India

EC appoints Cricketer Yash Dhull as State Icon

• The Election Commission of India (ECI) has appointed cricketer Yash Dhull as the “state icon” for the National Capital Territory (NCT) of Delhi to motivate youngsters to get enrolled to exercise their right to vote.
• During the meeting, various issues related to electoral registration, especially for young and new voters, and the role of Yash Dhull to educate and motivating the youngsters to enroll themselves in the electoral roll were discussed.
• Dhull made his first-class cricket debut for the Delhi Cricket Team in the 2021-22 Ranji Trophy.
• He was also the Captain for India for the 2022 ICC Under-19 Cricket World Cup in the West Indies.

Note :

• Chief Electoral Officer (CEO) of Delhi: Dr. Ranbir Singh

About ECI :

• ECI is a constitutional body under the ownership of the Ministry of Law and Justice, GoI.
• Established: 25 January 1950
• Headquarters: New Delhi, Delhi, India
• Chief Election Commissioner of India: Rajiv Kumar
• Election Commissioner of India: Anup Chandra Pandey

SAI DG Sandip Pradhan gets another tenure extension of 2 years till 2024

• The Appointments Committee of the Cabinet (ACC) has been granted to extend the service center of Sports Authority of India (SAI) Director General Sandip Pradhan to another two years till September 30, 2024.
• It’s the second extension granted to Pradhan.
• In May 2020, his tenure was extended by two years.
• The deputy director-general of SAI, Pradhan replaced Neelam Kapoor as DG on August 1, 2019.

About Sandip Pradhan :

• Pradhan, an Indian Revenue Services officer of the 1990 batch, was to end his current tenure on July 6 but he has been granted the extension.

About Sports Authority of India :

• Established: 1984
• Headquarters: Delhi, India
• The Sports Authority of India (SAI) is the apex national sports body of India under the Ministry of Youth Affairs and Sports of GoI.

CURRENT AFFAIRS: AWARDS & HONORS

Queen’s Birthday Honours list 2022: Salman Rushdie and Quentin Blake made Companions of Honour

• The author of the Booker Prize-winning novel ‘Midnight’s Children’, Sir Ahmed Salman Rushdie leads a list of over 40 professionals and community champions of Indian origin to be honored in the Queen’s Birthday Honours list 2022.
• In the 2022 Queen’s Birthday Honours list, Mr. Rushdie is named a Companion of Honour & the list was released to mark the Platinum Jubilee of Queen Elizabeth II’s 70 years of service to the UK.

About Sir Ahmed Salman Rushdie :

• Salman Rushdie was born in Bombay, India.
• He is also a storied author of non-fiction, an essayist, co-editor, and a noted humanist.
• He is the author of 14 novels & Beginning his career in advertising, ‘Midnight’s Children’ was twice (1993 and 2008) voted Best of the Bookers by the public.
• He was knighted for services to literature in 2007.

About Companion of Honour (CH) :

• The Companion of Honour is a special award granted to those who have made a major contribution to the arts, science, medicine, or government lasting over a long period.
• CH is an exclusive club with membership limited to just 65 people at any given time, for services to literature.

About Queen’s Birthday Honours list 2022: :

• The honors list is annually published to coincide with the Queen’s official birthday celebrations in early June 2022.
• A total of 1,134 candidates have been named for honors across different fields by the UK Cabinet Office – which compiles the list, with 13.3 percent of the successful candidates from an ethnic minority background.

Click here for a complete list of Queen’s Birthday Honors list 2022

Meghalaya Wins Best Project Award at UN World Summit

• At the United Nations World Summit on the Information Society Forum 2022, an initiative of the Meghalaya government’s primary e-proposal system (part of the Meghalaya Enterprise Architect) received the prestigious UN Award in the category of “the role of governments in the promotion of ICTs for development”.
• Secretary-General of the International Telecommunication Union (ITU), Houlin Zhao presented the award to the Chief Minister Conrad K Sangma during the World Summit on the Information Society Forum (WSIS) Prizes 2022 in Geneva, Switzerland.
• Meghalaya was named the finest project in the category, and Meghalaya Enterprise Architecture (MeghEA) was the only initiative from India to earn the Winner Award in 2022.

Key Highlights :

• The E-Proposal system, which is part of the Government-to-Government component, allows projects to be processed and tracked more quickly.
• According to the study, a total of 360 projects from various countries passed the UN jury’s test.
• Projects from Australia, China, Argentina, and Tanzania competed against Meghalaya.

About the MeghEA project :

• MeghEA represents a shift in service delivery from a departmental to a citizen-centered approach.
• MeghEA is all about providing citizen-centric services and reforming internal scheme processing to be as efficient as possible.
• The Planning Department of the Government of Meghalaya is in charge of implementing the MeghEA project.
• The initiative contains various components, including services from the government to citizens or businesses, services from the government to employees, and services from the government to the government.

About World Summit on the Information Society Forum 2022 :

• The World Summit on the Information Society Forum 2022 represents the world’s largest annual gathering of the ICT for development community under the theme of ICTs for Well-Being, Inclusion, and Resilience: WSIS Cooperation for Accelerating Progress on the SDGs.
• The WSIS Forum, co-organized by ITU, UNESCO, UNDP, and UNCTAD, is in close collaboration with all WSIS Action Line Facilitators/Co-Facilitators.
• It will provide structured opportunities to network, learn and participate in multi-stakeholder discussions and consultations on WSIS implementation.

About Meghalaya :

• Capital: Shillong
• Governor: Satya Pal Malik
• Chief minister: Conrad Sangma

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

India’s 1st Liquid Mirror Telescope comes up in Uttarakhand

• The 1st International liquid mirror telescope (ILMT) in the country the largest in Asia – was commissioned over Devasthal, a hill in Uttarakhand.
• It will identify transient and variable objects such as supernovae, gravitational lenses, space debris, and asteroids.
• The observatory has been built at an altitude of 2450 meters at the Devasthal Observatory campus of Aryabhatta Research Institute of Observational Sciences (ARIES).
• The telescope was designed and built by the Advanced Mechanical and Optical Systems (AMOS) Corporation and the Centre Spatial de Liege in Belgium.

Features of ILMT :

• The observatory has been developed by scientists from India, Belgium, and Canada and employs a 4-meter-diameter rotating mirror made up of a thin film of liquid mercury to collect and focus light.
• Another thin transparent film of mylar protects the mercury from the wind.
• The reflected light passes through a sophisticated multi-lens optical corrector that produces sharp images over a wide field of view.
• Meanwhile, a large-format electronic camera located at the focus records the images.
• Devasthal Observatory now hosts two four-meter class telescopes – the ILMT and the Devasthal Optical Telescope (DOT).
• The 3.6 meter DOT, with the availability of sophisticated back-end instruments, will allow rapid follow-up observations of the newly-detected transient sources with the adjacent ILMT.

About ARIES :

• Established: 20 April 1954
• Director : Prof. Dipankar Banerjee
• Location: Nainital, Uttarakhand
• ARIES is a research institute in Nainital, Uttarakhand which specializes in astronomy, solar physics, astrophysics, and atmospheric science.
• It is an autonomous body under the Department of Science and Technology, Government of India.

About Uttarakhand :

• Governor: Gurmit Singh
• CM: Pushkar Singh Dhami
• Capital: Bhararisain (summer) Dehradun (winter)

India’s 1st private spacecraft manufacturing facility launched in Bengaluru

• The chairman of the Indian Space Research Organisation (ISRO), Dr. S Somanath inaugurated the Ananth Technologies Private Limited (ANANTH) Technologies’ spacecraft manufacturing unit at Karnataka Industrial Area Development Board (KIADB) Aerospace Park, Bengaluru, Karnataka.
• It will make the private manufacturing of spacecraft in India easier in terms of infrastructure.
• The new state-of-the-art spacecraft manufacturing facility can conduct assembly integration and testing of four large spacecraft simultaneously.
• The 15,000 sqm facility is capable of conducting the assembly, integration, and testing of four large spacecraft at the same time, with four separate units present within the facility.
• Since, ISROestablishment in 1992, Ananth Technologies has contributed to the manufacturing of 89 satellites and 69 launch vehicles built/launched by ISRO, including two satellites for European customers that ISRO had built in collaboration with Airbus, France.
• Ananth Technologies Private Limited is the leading aerospace and defense manufacturer in India.

About ISRO :

• Established: 15 August 1969
• Headquarters: Bengaluru, Karnataka, India
• Chairman: Sreedhara Panicker Somanath
• It operates under the Department of Space (DOS)

CURRENT AFFAIRS: MOUS AND AGREEMENT

India inx and luxse signs agreement to strengthen cooperation:

• BSE’s international arm India International Exchange (India INX) and Luxembourg Stock Exchange (LuxSE) has signed a cooperation agreement through which the two bourses will enhance the visibility of listed Indian securities to international investors by facilitating admission of such securities on LuxSE.
• The agreement builds on the Memorandum of Understanding signed by the two institutions in November 2020, which placed a specific focus on advancing green finance in India

About the Agreement:

• Also, the parties announced the admission on LuxSE of a green bond issued by Power Finance Corporation.
• The EUR 300 million green bonds, which are already listed on India INX, are now registered on LuxSE’s Securities Official List and displayed on the Luxembourg Green Exchange, the world’s leading platform for sustainable securities.
• The green corridor opportunity established with this dual listing cooperation agreement between India INX and LuxSE will go a long way in attracting more issuers from India and the region and provides access to green capital from international investors.

CURRENT AFFAIRS: SPORTS NEWS

Indian American Harini Logan Wins 2022 Scripps National Spelling Bee:

• Harini Logan was eliminated from the Scripps National Spelling Bee once and was later reinstated.
• She missed four words during a tough match against Vikram Raju, including one that would have earned her the title.
• In the first tiebreak, Harini finally won the championship trophy.
• The 13-year-old 8th grader from San Antonio, Texas, who last entered the total bee-shooting contest 3 years ago and endured the pandemic again, spells 21 words correctly in 90 seconds and beat Vikram 6 words.

About Harini Logan:

• Harini, one of the most popular artists to come in and an audience favorite for her poise and positivity, took home more than $50,000 in cash and prizes.
• She is the fifth Scripps champion to be coached by Grace Walters, a former Texas hunter, fellow, and student at Rice University who is considering retirement from coaching.

CURRENT AFFAIRS: OBITUARIES

Freedom fighter Anjalai Ponnusamy passes away:

• Freedom fighter Anjalai Ponnusamy, who fought for India’s independence from the British colony, died aged 102.
• At the age of 21, Anjali joined the Rani of Jhansi Regiment – the women’s regiment of the Army of The nation of India – in the hope of dispelling the yoke of British colonialism over the people of India.
• A prominent figure in India’s struggle for independence, Bose was a contemporary of Mahatma Gandhi, who shared his dream of an India free from British domination.
• To do this, he formed the Indian National Army in 1943, albeit with Japanese support, during World War II.
• After the war ended with the defeat of Japan, the Indian National Army was disbanded and Anjali returned home to continue his life in Malaysia.

Daily CA on June 05 & 06:

• Every year on June 5, the globe celebrates World Environment Day.
• Union Minister for Social Justice and Empowerment, Virendra Kumar launched the “SHRESHTA” program for boarding education for high school students in the targeted areas.
• The United Nations has changed the Republic of Turkey’s country name the organization from “Turkey” to  “Türkiye” after a request from the country’s government.
• A Special Health Care Abhiyan ‘Anchal’ has been launched in the Karauli district of Rajasthan for pregnant women.
• The Delhi government is set to replace the word ‘Harijan’ from the names of colonies & streets and name them after Babasaheb Ambedkar instead.
• India’s largest housing finance company, HDFC Ltd., has collaborated with global information technology services firm Accenture to digitally transform its lending business.
• A brand of Naffa Innovations Pvt Ltd, Tone Tag, has been declared the winner in two categories in the RBI’s first global hackathon Harbinger 2021.
• The SBI Research has projected the Indian economy to grow at 7.5 percent in 2022-23, an upward revision of 20 basis points from its earlier estimate.
• The government has appointed Canara Bank executive director A Manimekhalai as managing director(MD) of Union Bank of India (UBI).

• The government has approved an 8.1 percent rate of interest on employees’ provident fund (EPF) deposits for 2021-22 – an over four-decade low – for about five crore subscribers of retirement fund body EPFO.
• The Election Commission of India (ECI) has appointed cricketer Yash Dhull as the “state icon” for the National Capital Territory (NCT) of Delhi to motivate youngsters to get enrolled to exercise their right to vote.

• The Appointments Committee of the Cabinet (ACC) has been granted to extend the service tenure of Sports Authority of India (SAI) Director General Sandip Pradhan to another two years till September 30, 2024.
• The author of the Booker Prize-winning novel ‘Midnight’s Children’, Sir Ahmed Salman Rushdie leads a list of over 40 professionals and community champions of Indian origin to be honored in the Queen’s Birthday Honours list 2022.
• At the United Nations World Summit on the Information Society Forum 2022, an initiative of the Meghalaya government’s primary e-proposal system (part of the Meghalaya Enterprise Architect) received the prestigious UN Award in the category of “the role of governments in the promotion of ICTs for development”.
• The 1st International liquid mirror telescope (ILMT) in the country the largest in Asia – was commissioned over Devasthal, a hill in Uttarakhand.
• The chairman of the Indian Space Research Organisation (ISRO), Dr. S Somanath inaugurated the Ananth Technologies Private Limited (ANANTH) Technologies’ spacecraft manufacturing unit at Karnataka Industrial Area Development Board (KIADB) Aerospace Park, Bengaluru, Karnataka.

• BSE’s international arm India International Exchange (India INX) and Luxembourg Stock Exchange (LuxSE) has signed a cooperation agreement through which the two bourses will enhance the visibility of listed Indian securities to international investors by facilitating admission of such securities on LuxSE.
• Indian American Harini Logan Wins 2022 Scripps National Spelling Bee
• Freedom fighter Anjalai Ponnusamy, who fought for India’s independence from the British colony, died aged 102.