Current Affairs July 09th 2022| Current Affairs News

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CURRENT AFFAIRS: NATIONAL NEWS

“HariyaliMahotsav” to be organized by the Ministry of Environment:

• A “Hariyali Mahotsav” in the tradition of “Azadi Ka Amrit Mahotsav” will be held at Talkatora Stadium in New Delhi by the Ministry of Environment, Forestry & Climate Change.
• To conduct planting drives on occasion, the Mahotsav is being organized by the Ministry of Environment, Forestry, and Climate Change in partnership with the State Governments, Police Institutions, and Schools of Delhi.
• As part of this Mahotsav, ceremonial planting drives are being conducted with the involvement of 75 Nagar Vans throughout the nation, 75 Police Stations, 75 Schools in Delhi/NCR, and 75 degraded plantation sites in the various states.

About the Hariyali Mahotsav:

• The “Tree Festival,” or Hariyali Mahotsav, is being held to raise awareness of the value of trees in protecting future generations as well as preserving the lives of current ones.
• When it comes to reducing the negative consequences of climate change, trees are crucial.
• This Mahotsav is regarded as a powerful instrument for igniting a public passion for protecting forests and planting trees.
• It is crucial in completing the government’s policy and program measures for environmental protection.
• In commemoration of the essential role that forests and other greenery play in preserving ecological harmony and offering a variety of ecosystem services to the earth, Hariyali Mahotsav is observed throughout the nation.

India’s first floating LNG terminal likely to operationalize in H2 2022:

• India’s first floating terminal for liquefied natural gas (LNG) at Jaigarh in Maharashtra is expected to be operational in the second half of 2022.
• Besides, another floating terminal at Jafrabad in Gujarat is also likely to begin operations this calendar year.
• H-Energy Gateway’s floating storage and regasification units (FSRUs) at Jaigarh and the Swan Energy-led terminal at Jafrabad are cumulatively expected to add 11 million tonnes per annum (mtpa) of regasification capacity
• At present, India has six operational import terminals.
• Despite accounting for only 39.5 MTPA of regasification capacity by the end of 2020, India has another 30 MTPA of capacity under construction as of April 2022

Floating LNG terminals

• India’s first FSRU-based terminals, which were initially due to be commissioned in early 2021, are likely to see operations start-up in the second half of 2022.
• Energy’s Jaigarh terminal in Maharashtra in March 2022.
• The FSRU will deliver regasified LNG to the 56-kilometer-long Jaigarh-Dabhol LNG natural gas pipeline, connecting the LNG terminal to the national gas grid

Natural gas import:

• India imports half of its natural gas requirements.
• In FY21, India imported 33,031 million standard cubic meters (MSCM) of LNG worth $7.9 billion, while in FY22, the inbound shipments of the commodity stood at 30,776 MSCM worth $13.4 billion.
• During April-May of FY23, the world’s fourth-largest LNG importer shipped 4,949 MSCM LNG worth $2.2 billion.
• India’s utilization rate dropped to 58 percent in 2021 from 65 percent in 2020.
• The relatively low utilization rate reflects the availability of spare capacity to support growth in India’s LNG demand.
• This growth is driven primarily by growth in demand for city gas

Mr. Parshottam Rupala inaugurates India’s first-ever Animal Health Summit:

• Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry, and Dairying urged for wider usage of Ayurveda to ensure better animal health at the First India Animal Health Summit 2022.
• The first India Animal Health Summit 2022 was hosted at the NASC Complex in New Delhi, to understand the importance of animal health to the country’s food and nutrition security, rural income and prosperity, and overall economic growth.

About the ‘India Animal Health Summit 2022’:

• The Indian Chamber of Food and Agriculture (ICFA) and the Agriculture Group are hosting the “India Animal Health Summit 2022.”
• The two-day event will feature a wide variety of panel talks on subjects including the Business environment & investment prospects in the Animal Health industry, as well as Animal Health policy initiatives.
• Later, the discussions will be recorded and forwarded to the relevant authorities.

CURRENT AFFAIRS: INTERNATIONAL NEWS

Deutsche Bahn become the world’s first intermodal partner of the Star Alliance

• Deutsche Bahn (DB) will become the world’s first intermodal partner of Star Alliance on August 1, 2022.
• Deutsche Bahn and Star Alliance make a significant contribution to reducing CO2 emissions in the transport sector.
• Under the new cooperation, DB customers and passengers of Star Alliance member airlines will be able to start or end their journey comfortably on the environment-friendly train.

Note :

• Germany is the first market and DB is the world’s first partner in the new Star Alliance initiative.
• An industry-first, Star Alliance’s Intermodal Partnership model intelligently combines airline with the railway, bus, ferry, or any other transport ecosystems, alliance-wide.
• The new partnership between DB and Star Alliance builds on the Lufthansa Express Rail program.
• Lufthansa customers have been able to buy a combined ticket for trains and flights in one booking step for more than 20 years.
• In the future, in addition to Lufthansa, all 25 other Star Alliance member airlines will be able to include DB’s ICE trains as flight numbers in their booking engine and customers will benefit from advantages such as:
• In just one booking process, airline customers receive a combined ticket for the flight and train journeys including seat reservations.
• Upon check-in, travelers receive their boarding passes for both the flight and the train journeys.
• With integrated ICE train journeys, air travelers will have even more choices based on timings, duration and prices offered.
• Customers also benefit from priority baggage handling and other services in the AiRail check-in area at the Frankfurt Airport.
• For all bookings of combined train-flight journeys via Lufthansa Express Rail with the member airlines of the Star Alliance, points or miles can be collected for the train journeys in the preferred frequent flier programs of the airline.
• In addition, Business and First-Class flight customers of Star Alliance member airlines will receive additional benefits with an LH Express Rail ticket, such as access to the DB lounges.

About Germany :

• President: Frank-Walter Steinmeier
• Capital: Berlin
• Currency: Euro

About Deutsche Bahn :

• Founded: 1 January 1994
• Headquarters: Bahntower, Berlin, Germany
• CEO: Richard Lutz

CURRENT AFFAIRS: STATE NEWS

Delhi govt launches Mission Kushal Karmi program to upskill construction workers

• Delhi Deputy Chief Minister Shri Manish Sisodia launched “Mission Kushal Karmi” for upskilling the construction workers in the city in collaboration with Delhi Skill and Entrepreneurship University (DSEU) and Delhi Building and Other Construction Workers Welfare Board.

Aim :

• To provide on-the-job skill development training to over 2 lakh registered construction workers in industry demand-driven job roles in the construction sector in a year.
• Under this 15 days special training program, workers will undergo upskilling which will boost their incomes in the future.
• The program will be conducted by the DSEU along with Simplex, the National real Estate Development Council (NAREDCO), and India Vision Foundation.

About Mission Kushal Karmi :

• The government will provide a sum of at least ₹4,200 to each worker who takes the course to compensate for the loss of work.

Benefits to Workers from Mission Kushal Karmi:

• Improvement in income ranging up to 8,000 per month after completion of training to construction workers.
• Increase in productivity of workers by 40 percent, increase in quality of product produced by 25 percent, and wastage of materials decreases by 50 percent.
• Improvement in domain skills and soft skills thereby making the worker more proficient and confident.
• Improvement in the understanding of standard safety norms thereby increasing the longevity of work and social security.

About Delhi :

• Governor: Vinai Kumar Saxena
• Chief Minister : Arvind Kejriwal

CURRENT AFFAIRS: BANKING & FINANCE

Salesforce plans to offer a $2 mn grant for education, and workforce development in India

• A US-based tech major, Salesforce has announced an investment of USD 2 million (about Rs 15.85 crore) in direct company donations to over 22 non-profit Organizations (NPO) across India.
• With a focus on education and workforce development, these grants are expected to impact 40,000 individuals across India.
• To give children access to quality education, Salesforce will partner with institutions such as Meghshala Trust, Inquilab Foundation, Learning Curve Foundation, and others.
• In this, together, students will have access to Hybrid learning spaces, Social-Emotional Learning, STEM (Science, technology, engineering, and mathematics), and early education.
• Also, Salesforce in partnership with organizations such as Katalyst, Navgurukul, and Feminist Approach is equipping individuals with skills to help improve their employment opportunities, ensuring untapped talent can build social capital, excel in their careers, and the tools to potentially improve economic prosperity.

Additional Info :

• Globally, Salesforce has crossed over half a billion dollars in all-time philanthropic giving, a total of USD 532 million in grants since its founding.
• Salesforce also surpassed USD 100 million in annual giving in the 2022 fiscal year.

Note :

• CEO and Chairperson of Salesforce India: Arundhati Bhattacharya

About Salesforce :

• Founded: February 3, 1999
• Headquarters: San Francisco, California, U.S
• Chairman & CEO: Marc Benioff
• It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, analytics, and application development.

MoD approves 3 private sector banks HDFC, ICICI, and Axis to provide financial services in overseas procurement

• The Ministry of Defence approved three Private Sector Banks (PSBs), namely HDFC Bank Ltd., ICICI Bank, and Axis Bank, to provide the Letter of Credit and Direct Bank Transfer business for overseas procurement.

Purpose :

• In line with further opening of allocation of government business to private sector banks by the department of financial services.
• Till now, only authorized Public Sector Banks have been utilized to provide these services to MoD.
• The selected banks may be allocated with LC business of Rs 2000 Crore, each on the capital and revenue side, for one year on a concurrent basis (Rs 666 Crore for each bank under both capitals as well as Revenue).
• The performance of these Banks will be monitored regularly to take necessary further action as required.

About MoD :

• Defence Minister: Rajnath Singh
• Minister of State: Ajay Bhatt
• Defence Secretary: Ajay Kumar

About HDFC Bank :

• Founded: August 1994
• Headquarters: Mumbai, Maharashtra, India
• MD & CEO : Sashidhar Jagdishan

About ICICI Bank :

• Founded: 5 January 1994
• Headquarters: Mumbai, Maharashtra, India
• MD & CEO: Sandeep Bakhshi

About Axis Bank :

• Founded : 3 December 1993
• Headquarters: Mumbai, Maharashtra, India
• MD & CEO: Amitabh Chaudhry

HDFC Partners with Salesforce to ‘reimagine the customer lifecycle’

• Salesforce, the global leader in CRM, announced that HDFC Ltd., one of India’s leading mortgage lenders and a well-established financial conglomerate will leverage Salesforce to reimagine the customer lending lifecycle and support the company’s growth priorities.
• HDFC wanted to build the next generation of integration backbone, to easily connect backend and frontend systems including Salesforce.
• Mulesoft with its innovative API-led integration approach and low code integration capabilities will help HDFC innovate quickly around connecting systems and help create new experiences.

About HDFC Ltd :

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

Fi Money launches Ally Annexure: a financial inclusion initiative

• Bengaluru-based neo bank Fi Money has launched Ally Annexure an initiative to help LGBTQ (Lesbian, Gay, Bisexual, and Transgender) customers gain better access to financial services.

Aim :

• To educate institutions about being more accessible to queer customers’ financial needs of LGBT customers.
• The initiative was launched in partnership with Pride Circle, a diversity and inclusion firm.
• It will be supported by Fi Money’s banking partner – Kochi-based Federal Bank.

About The Ally Annexure :

• The Ally Annexure’, a manual that helps staff self-educate themselves on the queer community, their needs, preferences, and the problems they face daily.

Aim :

• To turn this document into a standardized guideline that banks and financial institutions can implement across the board.

Solving for financial inclusion :

• Members of the queer community highlighted branch visits and in-person interactions with institutional staff as the most commonly reported barrier to the accessibility of financial solutions.
• While the Indian constitution has decriminalized same-sex relationships, there exists no legal framework within which queer individuals can use financial services without judgment or discrimination.
• A primary cause for this was the lack of awareness and a bias-ridden system across the world of financial services.

Recent News :

• Recently, Fi Money launched multiple financial products through its neo banking app, including mutual funds and Fi Jump, a peer-to-peer investment product.

About Fi Money :

• Founded: 2019
• Headquarters: Bangalore, Karnataka
• CEO: Sujith Narayanan

Bajaj Allianz launches QR Code-enabled services for customers

• Leading private sector non-life insurer Bajaj Allianz Life Insurance has launched a QR code-enabled service to help customers self-service their needs offering a faster closure of their requirements.
• The QR code-enabled service is available across all the 509 branches of Bajaj Allianz Life Insurance and is designed to offer seamless service delivery.
• The service is industry-first and offers access to 15 services on the phone.
• All a customer has to do is scan the QR code available in the company’s branches and self-service the policy.
• The service will allow customers to make premium payments online, view or download policy-related documents (such as policy bonds, IT certificates, and fund performance statements), switch funds as per their choice, and do much more.

About Bajaj Allianz Life Insurance :

• Founded: 2001
• Headquarters: Pune, Maharashtra
• CEO: Tarun Chugh
• It is a joint venture between Bajaj Finserve and the German financial services major Allianz, serving millions of customers through its 509 branches and over 96,000 agents.

CURRENT AFFAIRS: BUSINESS AND ECONOMY

India’s first mobile telematics-based auto insurance introduced by Edelweiss:

• Edelweiss General Insurance has released SWITCH, a complete automobile insurance policy, in compliance with the Insurance Regulatory and Development Authority’s (Irdai) Sandbox initiative.
• SWITCH’s auto insurance coverage is digital and telematics-based.
• According to the insurer, customers will find the app convenient and hassle-free because it quickly activates insurance when the car is driven and detects motion.

Key Points:

• If SWITCH customers drive carefully, they may save money.
• The amount and quality of driving are evaluated using this usage-based methodology, and premiums are then set in line with the results.
• Customers are assigned a driving grade based on a variety of criteria, such as speeding, distracted driving, and unexpected stops, among others.
• SWITCH can be bought online.
• Following a purchase, customers may examine their policy by downloading the SWITCH app from the iOS App Store or the Google Play Store.
• The whole product lifecycle is now fully digital from the time of purchase to claim notice, claim settlement, customer assistance, etc., creating a seamless consumer experience.
• Consumers may also choose to pay premiums in monthly installments after paying the initial fee to start the insurance.
• Even while the coverage covers unintentional damage when the automobile is in motion and powered on, the vehicle will be protected against fire and theft 24/7, 365 days a year.
• Customers may select from a choice of add-on coverage, including depreciation protection, engine protection, NCB protect, roadside assistance, and more, just as with a normal Edelweiss auto insurance policy, the insurer claims.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

Punjab govt. appoints Mr. Vijay Kumar Janjua as new Chief Secretary

• The Punjab government appointed Vijay Kumar Janjua as the new chief secretary.
• Janjua replaces Anirudh Tewari, a 1990-batch IAS officer.
• Anirudh Tewari has been posted as Director General, Mahatma Gandhi State Institute of Public Administration, relieving Jaspreet Talwar of the additional charge.

Other Appointments :

• The government also issued transfer and posting orders for three more IAS officers.
• KAP Sinha, the Additional Chief Secretary-cum-Financial Commissioner, Taxation, and in addition ACS, Finance, has been transferred and posted as ACS, Food Processing relieving Raji P Srivastava of the additional charge.
• Ajay Sharma, Secretary, of Health and Family Welfare, will also be Financial Commissioner, Taxation, in place of KAP Sinha.
• Kumar Rahul, Secretary of Employment Generation and Training, will also be in addition to Secretary, General Administration, and Coordination relieving Rajat Agarwal of the additional charge.
• IPS Officer Gaurav Yadav was appointed as Punjab’s director general of police (DGP) after the incumbent VK Bhawra.

About Vijay Kumar Janjua :

• Janjua is a 1989-batch Indian Administrative Officer (IAS) officer.
• He is currently holding the position of the Special Chief Secretary, Jails and in addition, Special Chief Secretary, Elections.
• He has worked in various departments of Punjab, including rural development, industries, labor, and animal husbandry.
• Janjua has served in the Centre for three years as Director, Industries, in the Department of Industrial Policy and Promotion.
• During Janjua’s tenure as deputy commissioner of Fatehgarh Sahib district, he developed PRISM software with the help of the National Informatics Centre and introduced computerized registration of properties in Punjab.
• He was also instrumental in carrying out several reforms in Labour laws for improving the ease of doing business in Punjab, besides improving the investment scenario in Punjab.

About Punjab :

• Governor : Banwarilal Purohit
• Chief Minister : Bhagwant Mann
• Capital: Chandigarh

Justice Mr. Alok Aradhe appointed acting Chief Justice of Karnataka HC

• Justice Mr. Alok Aradhe has been appointed as Acting Chief Justice of Karnataka High Court (HC).
• He was appointed after the retirement of Chief Justice Mr. Ritu Raj Awasthi.
• The President of India, Shri Ram Nath Kovind administered the oath to Justice Mr. Alok Aradhe.

About Justice Mr. Alok Aradhe :

• Aradhe was born in 1964 in Raipur, Chhattisgarh.
• He passed B.Sc. and LL.B. and started practice in Madhya Pradesh High Court at Jabalpur in 1988.
• He was enrolled as an advocate on July 12, 1988, and was designated as a senior advocate in April 2007.
• He had practiced civil and constitutional, arbitration, and company matters in the High Court of Madhya Pradesh at Jabalpur.
• Justice Aradhe served as Chairman of Jammu and Kashmir State Judicial Academy and became the Executive Chairman of Jammu and Kashmir State Legal Services Authority.
• He took charge as Acting Chief Justice of the Jammu and Kashmir High court on 11 May 2018.
• Also, he took oath as the Judge of the Karnataka High Court on November 17, 2018.

CURRENT AFFAIRS: ACQUISITIONS & MERGERS

Piramal Enterprises gets shareholders’ nod to demerge pharma business

• Piramal Enterprises Limited (PEL) has received shareholders’ approval for the proposed demerger of its pharmaceuticals business and simplification of the corporate structure.
• The company received 99 percent of the votes at the shareholder’s meeting.
• The demerger was to transform the multi-sector conglomerate structure of the company into two separate sector-focused financial services and pharmaceuticals listed entities and command leadership positions in those sectors.
• The demerger follows the group’s acquisition of Dewan Housing Finance Corporation Limited (DHFL) for Rs 34,250 crore, which was completed in September 2021.
• In October 2021, PEL received board approval for a scheme of arrangement between the company, Piramal Pharma (PPL), Convergence Chemicals (CCPL), Hemmo Pharmaceuticals (HPPL), PHL Fininvest (PFPL), and their respective shareholders and creditors.
• According to the contours of the agreement, the pharmaceuticals business would be demerged from PEL and consolidated under Piramal Pharma.
• The two operating subsidiaries Hemmo Pharma (focused on peptide Active Pharmaceutical Ingredients development and manufacturing capabilities) and Convergence Chemical (setup for development, manufacturing, and selling specialty fluorochemicals) will be merged with Piramal Pharma to create a consolidated listed pharma entity.

About PEL :

• Founded: 26 April 1947
• Headquarters: Mumbai, Maharashtra
• Chairman : Ajay Piramal

CURRENT AFFAIRS: AWARDS AND HONOURS

Dr. Rajendra Prasad Memorial Award inception announced by Dr. Jitendra Singh:

• According to Science and Technology Minister Jitendra Singh in New Delhi, the Dr. Rajendra Prasad Memorial Award in Public Administration has been established in memory of India’s first president.
• The Indian Institute of Public Administration’s (IIPA) Executive Council was led by Dr. Singh
• The institute has to have a vision for the next 25 years to accomplish the goals that Prime Minister Shri Narendra Modi has set.

Key Points:

• IIPA can perform and must do so by retaining a large pool of experts and a variety of activities.
• While presiding over the 320th meeting of the Executive Council of IIPA, Dr. Jitendra, who is also the Union Minister of State (independent charge) for Science and Technology, Minister of State (independent charge) for Earth Sciences, and the MoS for PMO, Personnel, Public Grievances, Pensions, Atomic Energy, and Space, offered his congratulations to the IIPA Director-General and staff for receiving the ISO 9001:2015 certification.

CURRENT AFFAIRS: MOUS AND AGREEMENT

Rashtriya Raksha University, DroneAcharya tie-up to set up Remote Pilot Training Centre:

• A Memorandum of Understanding for the establishment of a Remote Pilot Training Center to teach drone flying abilities has been inked by DroneAcharya Aerial Innovations Private Limited and Rashtriya Raksha University in Gandhinagar.
• At the RRU Campus in Gandhinagar, the police and security force officers as well as the general public will get this training.
• This project, according to official sources, is in line with the University’s purpose to identify, prepare, and sustain the statecraft of the national strategic and security culture among the security, police, and civilian population.
• With the help of this MoU, Rashtriya Raksha University will establish a Remote Pilot Training Center using a Public-Private Partnership business model.
• The training includes programs for civilians who want to learn the skill and is primarily intended for members of the armed forces, paramilitary, and police forces.

Russia signs pact for supplying tech for Kudankulam nuclear power plant:

• A unit of Russian nuclear major Rosatom State Corporation has signed an agreement to supply thermocouples for four power units of the Kudankulam Nuclear Power Plant (KNPP) in Tamil Nadu.
• LUCH Scientific Production Association, which is a part of Science and Innovations, the R&D unit of Rosatom will provide the new sensors designed for thermal control of NPP process equipment, which will replace the old ones in the internal reactor control systems of units 1 and 2 of KNPP.
• LUCH has launched the production of a wide range of thermocouples of different measurement capacities depending on the material used to manufacture sensors and the case.
• The thermocouples are produced in stainless steel cases with fastening and sealing units, with polyamide or metal heads, as well as with flexible extension cables», according to Konstantin Kabachny, chief metrologist of the enterprise.

CURRENT AFFAIRS: BOOKS AND AUTHOR

A new book titled ‘Getting the Bread: The Gen-Z Way to Success’ by Prarthna Batra:

• Launched by sports legend Sakshi Malik is the debut book by young YouTuber Prarthna Batra, titled “Getting the Bread: The Gen-Z Way to Success.”
• Prarthna Batra discusses her perspective in Getting the Bread: The Gen-Z Way to Success, as well as her experiences interviewing notable figures in business, journalism, and politics for her well-known YouTube channel.

The book’s basic objective:

• This book offers young millennial readers insightful advice on pursuing their goals and succeeding in a cutthroat society without losing sight of their humanity.
• Getting the Bread: The Gen-Z Way to Success is a thoroughly researched, intelligent, and very enjoyable book that redefines success for today’s young.

About the Prarthna Batra:

• Prarthna Batra is the owner of the YouTube channel “Power People and Prarthna” and a fierce advocate for women’s empowerment, sustainability, and animal rights in India.
• In 2020, she started a YouTube series about entrepreneurship with successful people from various industries. She chatted with Sakshi Malik, Prajakta Koli, and Barkha Dutt in this series.
• These talks are documented in her book.
• She is also a founding member of Lajja Diaries, an online forum dedicated to promoting gender equality in discussions on feminism and women’s rights in India.
• Her piece on gender prejudice appeared in The Hindu, and she was profiled in Blub World’s emerging entrepreneurs’ section in the February 2021 issue.

CURRENT AFFAIRS: OBITUARIES

Former Japanese Prime Minister Shinzo Abe Passes away

• Former Japanese Prime Minister Shinzo Abe Passed away after being shot by a 41-year-old man while campaigning for a parliamentary election in Nara, western Japan.

About Shinzo Abe :

• Shinzo Abe was born on 21 September 1954 in Tokyo, Japan.
• He served as Chief Cabinet Secretary from 2005 to 2006 under Junichiro Koizumi.
• He served as prime minister of Japan and President of the Liberal Democratic Party (LDP) from 2006 to 2007 and again from 2012 to 2020.
• He was the longest-serving prime minister in Japanese history.
• He was the first Japanese PM to be the chief guest at India’s Republic Day parade in 2014.

Daily CA on July 09 :

• A “Hariyali Mahotsav” in the tradition of “Azadi Ka Amrit Mahotsav” will be held at Talkatora Stadium in New Delhi by the Ministry of Environment, Forestry & Climate Change.
• India’s first floating terminal for liquefied natural gas (LNG) at Jaigarh in Maharashtra is expected to be operational in the second half of 2022.
• Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry, and Dairying urged for wider usage of Ayurveda to ensure better animal health at the First India Animal Health Summit 2022.
• Edelweiss General Insurance has released SWITCH, a complete automobile insurance policy, in compliance with the Insurance Regulatory and Development Authority’s (Irdai) Sandbox initiative.
• Deutsche Bahn (DB) will become the world’s first intermodal partner of Star Alliance on August 1, 2022.
• Delhi Deputy Chief Minister Shri Manish Sisodia launched “Mission Kushal Karmi” for upskilling the construction workers in the city in collaboration with Delhi Skill and Entrepreneurship University (DSEU) and Delhi Building and Other Construction Workers Welfare Board.
• A US-based tech major, Salesforce has announced an investment of USD 2 million (about Rs 15.85 crore) in direct company donations to over 22 non-profit Organizations (NPO) across India.
• The Ministry of Defence approved three Private Sector Banks (PSBs), namely HDFC Bank Ltd., ICICI Bank, and Axis Bank, to provide the Letter of Credit and Direct Bank Transfer business for overseas procurement.
• Salesforce, the global leader in CRM, announced that HDFC Ltd., one of India’s leading mortgage lenders and a well-established financial conglomerate will leverage Salesforce to reimagine the customer lending lifecycle and support the company’s growth priorities.
• Bengaluru-based neo bank Fi Money has launched Ally Annexure an initiative to help LGBTQ (Lesbian, Gay, Bisexual, and Transgender) customers gain better access to financial services.
• Leading private sector non-life insurer Bajaj Allianz Life Insurance has launched a QR code-enabled service to help customers self-service their needs offering a faster closure of their requirements.
• The Punjab government appointed Vijay Kumar Janjua as the new chief secretary & he replaced Mr. Anirudh Tewari, a 1990-batch IAS officer.
• Justice Mr. Alok Aradhe has been appointed as Acting Chief Justice of Karnataka High Court (HC) & he was appointed after the retirement of Chief Justice Mr. Ritu Raj Awasthi.
• Piramal Enterprises Limited (PEL) has received shareholders’ approval for the proposed demerger of its pharmaceuticals business and simplification of the corporate structure.
• According to Science and Technology Minister Jitendra Singh in New Delhi, the Dr. Rajendra Prasad Memorial Award in Public Administration has been established in memory of India’s first president.
• A Memorandum of Understanding for the establishment of a Remote Pilot Training Center to teach drone flying abilities has been inked by DroneAcharya Aerial Innovations Private Limited and Rashtriya Raksha University in Gandhinagar.
• A unit of Russian nuclear major Rosatom State Corporation has signed an agreement to supply thermocouples for four power units of the Kudankulam Nuclear Power Plant (KNPP) in Tamil Nadu.
• Launched by sports legend Sakshi Malik is the debut book by young YouTuber Prarthna Batra, titled “Getting the Bread: The Gen-Z Way to Success.”
• Former Japanese Prime Minister Shinzo Abe Passed away after being shot by a 41-year-old man while campaigning for a parliamentary election in Nara, western Japan.