Current Affairs in English

31 Jan 2022 and 01 Feb 2022 Current Affairs in English

Important Days

74th Martyrs’ Day was observed on 30 January 2022

Martyr’s Day or Shaheed Diwas is observed every year on January 30 in the memory of Mahatma Gandhi, who was assassinated at Gandhi Smriti in the Birla House by Nathuram Godse in 1948.

This year nation observed 74th Martyrs’ Day or Shaheed Diwas. The day is observed to remember the sacrifices made by freedom fighters in the struggle for India’s independence and to pay our respects to them.

Notably, Martyrs’ Day is also observed in India on March 23 to pay respect to Bhagat Singh, Shivaram Rajguru, and Sukhdev Thapar, who was hanged death on this day in 1931.’

World Neglected Tropical Diseases Day observed on 30th January

World Neglected Tropical Diseases Day (World NTD Day) is observed on January 30 every year to raise awareness about neglected tropical diseases (NTDs) as a critical public health challenge so that we can progress towards their elimination

2022 theme is ‘Achieving health equity to end the neglect of poverty-related diseases. The 2022 slogan is “From neglect to care”.

The first World NTD Day was held on 30 January 2020. The proposal to recognize the day was made by the United Arab Emirates (UAE).

World Leprosy Day 2022: 30 January

World Leprosy Day is observed globally on the last Sunday of January every year. In 2022, World Leprosy Day falls on January 30, 2022.

The day is celebrated to raise global awareness of this deadly ancient disease and call attention to the fact that it can be prevented, treated, and cured. In India, World Leprosy Day is celebrated every year on 30 January, the anniversary of Mahatma Gandhi’s death.

This year theme of World Leprosy Day 2022 is “United for Dignity”.

The day was initiated in 1954 by French philanthropist and writer, Raoul Follereau, as a tribute to the life of Mahatma Gandhi who had compassion for people afflicted with leprosy.

Agreements

India tie-up with Israel to convert 150 villages into ‘Villages of Excellence’ 

The Government of India has joined hands with the Government of Israel to create 150 ‘Villages of Excellence’ in 12 States of the country, to help farmers to adopt the latest technology in the farm sector. Israel would provide Technical assistance and other expertise to make agriculture a more profitable business.

The 150 villages that are located around CoEs will be converted into ‘Villages of Excellence.’ Out of which, 75 villages are being taken up in the first year to commemorate the 75th year of India’s independence. Already, the Israeli government has established 29 Centres of Excellence (CoEs) in 12 states.

Useful notes for all competitive exams: 

  • Israel President: Isaac Herzog;
  • Israel Capital: Jerusalem;
  • Israel Prime minister: Naftali Bennett;
  • Israel Currency: Israeli Shekel.

Meta tie-up with FICCI to support 5 lakh women-owned SMBs across India

Social media giant Meta has partnered with industry body the Federation of Indian Chambers of Commerce & Industry (FICCI) to support five lakh women-led small businesses across India.

Meta will undertake this initiative under its #SheMeansBusiness program, in partnership with FICCI’s ‘Empowering the Greater 50%’ initiative. The initiative will create a supportive ecosystem for women and inspire them to become contributors to the overall development of the country.

Useful notes for all competitive exams:

  • Meta CEO: Mark Zuckerberg;
  • Meta Headquarters: California, United States;
  • FICCI President: Sanjiv Mehta;
  • FICCI Founded: 1927;
  • FICCI Headquarters: New Delhi;
  • FICCI Secretary-General: Dilip Chenoy.

Business

Paytm Money launches “India’s first” intelligent messenger called ‘Pops’

Paytm Money has introduced “India’s first” intelligent messenger called ‘Pops’. The company has launched ‘Pops’, with which users can receive specific information related to their stocks, analysis about their portfolio, market news, and important market movements in an easy to consume format, all in one place.

The platform will also serve as a marketplace to offer sophisticated stock recommendations, news insights, and other services.

Paytm Money is partnering with InvestorAi to offer stock recommendations based on signals generated using artificial intelligence. Now, with Pops on the Paytm Money app, these investors can monitor their portfolios regularly and learn from the market movements with alerts curated for them.

Useful notes for all competitive exams:

  • Paytm Money CEO: Varun Sridhar;
  • Paytm Money Headquarters location: Bengaluru;
  • Paytm Money Founded: 20 September 2017.

Tata Group choose SBI, BoB, and HDFC Bank to finance Air India’s old debt 

Tata Group has chosen State Bank of India, Bank of Baroda, and HDFC Bank as preferred bankers for Air India. Recently Tata Group has taken over Air India from the government.

Air India is the largest international carrier out of India with an 18.6% market share. Tata Sons have availed of a Rs 10,000-crore loan from SBI and a Rs 5,000-crore loan from BoB. The loan from HDFC Bank is not known yet. The loans are unrated, unsecured, and pegged at 4.25% [interest rate] annually.

Tata Sons-promoted Talace has acquired Air India, offering Rs 18,000 crore that include Rs 15,300 crore for the carrier’s existing debt and Rs 2,700 crore cash to be paid to the government. The new debt availed by the Tata Group will be used to refinance Air India’s debt availed at over 10%.

Economics

Economic Survey 2022: Key highlights of Economic Survey 

Finance Minister, Nirmala Sitharaman has presented Economic Survey 2021-22 in Parliament on 31st January 2022. The pre-budget Economic Survey, which is tabled in Parliament ahead of the Union Budget to present the state of the economy and suggest policy prescriptions.

The pre-Budget Economic Survey is authored by a team led by Chief Economic Advisor (CEA). Days before the presentation, the Centre appointed economist V Anantha Nageswaran as the new CEA.

To read the complete Economic Survey 2022: Click Here

Banking

SBI listed the maiden issue of $300 million Formosa bonds on India INX

State Bank of India (SBI) has issued $300 million Formosa bonds and listed the issuance on India INX GIFT IFSC. The lender is the first Indian entity to raise money through Formosa Bond, which is a bond issued in Taiwan.

SBI was the first issuer whose Green bonds were dually listed in November 2021 on Luxembourg Stock Exchange through an MOU that has been entered into by both Exchanges.

This first successful issuance of Formosa Bond by any Indian commercial bank is a testimony of the confidence reposed by the overseas investors into India’s growth story and also in SBI.

Useful notes for all competitive exams: 

  • SBI Founded: 1 July 1955;
  • SBI Headquarters: Mumbai;
  • SBI Chairman: Dinesh Kumar Khara.

SPMCIL opens new banknote printing lines at Nashik and Dewas 

Security Printing and Minting Corporation of India Limited (SPMCIL) has set up ‘new banknote printing lines’ at its Currency Note Press, Nashik, and Bank Note Press, Dewas. In India, four printing presses for printing and supply of Banknotes.

These are at Dewas in Madhya Pradesh, Nasik in Maharashtra (owned by SPMCIL), Mysore in Karnataka, and Salboni in West Bengal (owned by Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)).

SPMCIL, a Government of India owned Miniratna company, is engaged in the manufacture/production of Currency and Bank Notes, Security Paper, Non-Judicial Stamp Papers, Postal Stamps, Passport, Visa, Cheques, Bond, Warrant, Special Certificates with security features, Security Inks, Circulation & Commemorative Coins, Medallions, Refining of Gold & Silver, and Assay of Precious Metals among others.

Useful notes for all competitive exams:

  • SPMCIL Chairman and Managing Director: Tripti Patra Ghosh; 
  • SPMCIL Founded: 10 February 2006.

Summits and Conferences

India and ASEAN nations approve Digital Work Plan 2022 

India and ASEAN nations have approved a work plan titled India-ASEAN Digital Work Plan 2022, during the second ASEAN Digital Ministers’ (ADGMIN) Meeting held virtually.

The ADGMIN meeting was co-chaired by Devusinh Chauhan, Minister of State for Communications, Government of India, and Admiral Tin Aung San, Myanmar’s Minister of Transport and Communications.

India and ASEAN will jointly work to develop a system to combat the use of stolen and counterfeit mobile handsets, and a WiFi Access network interface for nationwide public internet.

The plan also includes capacity building and knowledge sharing in emerging areas in Information and Communication Technologies such as Internet of Things, 5G, Advanced Satellite Communication, and Cyber Forensics.

Ranks and Reports

Maharashtra has the highest number of SC entrepreneurs

Maharashtra has topped India’s list in the number of micros, small and medium enterprises (MSME) owned by entrepreneurs from the Scheduled Castes with as many as 96,805 enterprises.

Tamil Nadu with 42,997 enterprises and Rajasthan with 38,517 units occupy the second and third slots, according to the data furnished by the Office of the Development Commissioner in the Union Ministry of MSME.

The fourth, fifth, and sixth slots belong to Uttar Pradesh (36,913 units), Karnataka (28,803 enterprises), and Punjab (24,503 units) respectively. Generally, the proportion of enterprises owned by Scheduled Caste entrepreneurs in the overall national tally of MSMEs is 6%.

Sports

Women’s Asia Cup Hockey 2022: India beat China to win Bronze

India defeated China, 2-0 to win the bronze medal at the 2022 Women’s Hockey Asia Cup tournament. The 2022 Women’s Hockey Asia Cup was the 10th edition of the quadrennial Women’s Hockey Asia Cup.

The tournament was held from January 21 to 28, 2022 at the Sultan Qaboos Sports Complex in Muscat, Oman. Japan defeated South Korea 4-2 in the final to win their third title at the Women’s Hockey Asia Cup tournament.

Australian Open 2022: Rafael Nadal beats Daniil Medvedev

Rafael Nadal (Spain) has defeated Daniel Medvedev (Russia) 2-6,6-7,6-4,6-4,7-5 to win the Men’s Singles title at the Australian Open 2022. This is his 21st Major title, becoming the first male player to do so.

In women’s tennis, Margaret Court (Australian) has 24 singles majors, an all-time record. In women’s, World Number 1 Ashleigh Barty of Australia defeated Danielle Collins of the US, 6-3 7-6, to win women’s singles final title at the Australian Open 2022.

The winner’s list of Australian Open Tennis Title 2022:

Events Winners
Men’s SinglesRafael Nadal
Women’s SinglesAshleigh Barty
Men’s DoublesThanasi Kokkinakis and Nick Kyrgios
Women’s DoublesBarbora Krejčíková and Kateřina Siniaková
Mixed DoublesKristina Mladenovic and Ivan Dodig

6th Pan Am Women Cup Hockey Championship: Argentina beat Chile

Argentina defeated Chile, 4-2 to win its 6th women’s field hockey championship title at the 2022 Women’s Pan American Cup.

The Women’s Pan American Cup is the quadrennial international championship of the Americas organized by the Pan American Hockey Federation.

The 2022 Women’s Pan Am Cup was the sixth edition of the championship. It was held from January 19 to 29, 2022 in Santiago, Chile. With this win both Argentina and Chile have sealed automatic qualification spots at the FIH Hockey Women’s World Cup, Spain and Netherlands 2022.

Books and Authors

A book titled “Fearless Governance” authored by Kiran Bedi

The book titled ‘Fearless Governance’ authored by Dr. Kiran Bedi has been released. She is the former Lt Governor of Puducherry and IPS (retd).

This book is based on the ground realities of nearly five years of service of Dr. Bedi as Lt. Governor of Puducherry and her vast experience of 40 years in the Indian Police Service.

The author demonstrates the right practices of responsible governance. She brought about team spirit, collaboration, financial prudence, effective policing, bonding in services, and decision making through fearless leadership. ‘Fearless Governance’ is a book to read, see, hear and feel for good governance and leadership.


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