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CURRENT AFFAIRS: IMPORTANT DAYS
Autistic Pride Day 2022: June 18
- Every year on June 18th, the globe celebrates Autistic Pride Day to raise awareness that autism is a condition, not a disease.
- The day is celebrated annually and “Autistic pride” stands for pride in autism, about shifting views of autism from “disease” to “difference”.
- It observes the diversity various neurological types express.
Theme
- This year’s World Autistic Awareness Day topic is ‘Inclusion in the Workplace: Challenges and Opportunities in a Post-Pandemic World,‘ and the event will include a moderated roundtable discussion with people on the autism spectrum who have directly experienced the challenges and observed these new possibilities in the workplace.
History
- The very first autistic pride day was observed in Brazil in 2005.
- This day was founded by Gareth and Amy Nelson, and it has now become known as Autistic Pride Day across the world.
- Aspies for Freedom established Autistic Pride Day in 2005 by Aspies for Freedom to improve public awareness and celebrate the similarities and differences among persons with autism.
- It swiftly grew into a worldwide phenomenon that is extensively seen both online and offline.
- Aspies For Freedom (AFF) is a grassroots advocacy and solidarity organization dedicated to increasing public awareness of the autism rights movement.
CURRENT AFFAIRS: NATIONAL NEWS
PM Shri Narendra Modi inaugurates Jal Bhushan Building and Gallery of Revolutionaries in Mumbai:
- Prime Minister Shri Narendra Modi inaugurated the Jal Bhushan building at Raj Bhawan in Mumbai.
- Maharashtra Minister Mr. Udhav Thackeray, Dy CM Ajit Pawar, Environment Minister Mr. Aaditya Thackeray, and State Governor Mr. Bhagat Singh Koshyari also attended the event.
- The Prime Minister also inaugurated an underground museum “Gallery of the Revolutionaries” dedicated to celebrities of the struggle for freedom, at Raj Bhavan.
About the gallery:
- The gallery has come up in the subterranean network of 13 pre-World War-I British era bunkers, discovered in the Raj Bhavan campus in August 2016 during the tenure of the then Governor C. Vidyasagar Rao.
- The gallery includes information on the freedom movement heroes, their role in the movement, sculptures, rare photographs, murals, and details on tribal revolutionaries drawn by school kids.
Government extends upper age limit for Agnipath recruitment scheme from 21 to 23 years:
- The Central government has extended the upper age limit for the Agnipath recruitment scheme from 21 years to 23 years.
- The age waiver will be given only “one time” for the proposed recruitment cycle for 2022, informed the Defence Ministry.
- The decision has been taken as no recruitment had taken place in the last two years.
- Agniveers will be given priority in the recruitment of Central Armed Police Forces and State Police.
Key Points:
- For the agniveers, who wish to study further, a 12th class equivalent certificate will be given.
- Opportunities for youth to serve in the armed forces will increase through the Agnipath scheme.
- In the coming years, recruitment of Agniveers will be around triple of the current recruitment in armed forces.
- The Union Cabinet has approved the Agnipath recruitment scheme which provides an opportunity for Indian youth to serve in the regular cadre of the Army for four years.
- Under the scheme, over forty-six thousand youth will be recruited in 2022.
- The Agnipath Scheme has been designed to enable a youthful profile of the Armed Forces.
- The Director-General of the Federation of Indian Chambers of Commerce and Industry Arun Chawla has said that Agnipath Scheme is an innovative scheme that will strengthen the Armed Forces.
- Under the scheme, over forty-six thousand youth will be recruited this year.
CURRENT AFFAIRS: INTERNATIONAL NEWS
India and Sweden host Industry Transition Dialogue in Stockholm, Sweden
- India and Sweden hosted the Industry Transition Dialogue in Stockholm, as a part of their joint initiative i.e. Leadership for Industry Transition (LeadIT).
- This high level of dialogue has contributed to the UN Conference ‘Stockholm+50’: a healthy planet for the prosperity of all –our responsibility, our opportunity, taking place on 2 & 3rd June 2022 and setting the agenda for COP27.
- The event was opened by an address from the Union Minister of Environment, Forest and Climate Change, India, Shri Bhupender Yadav, and Minister for Climate and the Environment, Sweden, Annika Strandhäll.
About LeadIT :
- The LeadIT initiative lays a specific focus on hard-to-abate sectors that are key stakeholders in the global climate action and require specific interventions.
- It gathers countries and companies that are committed to action to achieve the Paris Agreement.
- It was launched by the governments of Sweden and India at the UN Climate Action Summit in Sep 2019 and is supported by the World Economic Forum (WEF).
- LeadIT members subscribe to the notion that energy-intensive industries can and must progress on low-carbon pathways, aiming to achieve net-zero carbon emissions by 2050.
Members :
- Japan and South Africa, are the latest members of the initiative.
- Now the total membership of LeadIT is 37 including countries and companies together.
Key Highlights :
- During the event, India chaired the roundtable dialogues on Priorities for implementation 2022-23.
- The need for speed and scale in climate action was echoed by all the speakers.
- The countries and companies shared their initiatives, success stories, and plans for the future.
About Stockholm+50 :
- Stockholm+50 is an international meeting convened by the United Nations General Assembly being held in Stockholm, Sweden from June 2-3, 2022.
- The meeting is commemorating 50 years of the 1972 United Nations Conference on the Human Environment.
About Sweden :
- PM : Magdalena Andersson
- Capital: Stockholm
- Currency: Swedish krona
CURRENT AFFAIRS : STATE NEWS
MIAL Launches Vertical Axis Wind Turbine & Solar PV System
- Mumbai International Airport, Chhatrapati Shivaji Maharaj International Airport (CSMIA) has become India’s first airport to launch a one-of-its-kind Vertical Axis Wind Turbine (VAWT) & Solar PV hybrid (Solar Mill) to explore the possibility of utilization of wind energy at the airport.
Key Highlights :
- CSMIA has introduced this pilot program in collaboration with WindStream Energy Technologies India Pvt Ltd, which ensures 24/7 energy generation, harnessing maximum energy through wind power systems, while enabling a highly efficient and low carbon future for aviation.
- This initiative is expected to reduce the airport’s dependence on conventional electricity and help meet its net-zero emission goals.
- As per reports, The plant will need minimal maintenance of installation, unlike any other machines for electrical supply.
Note :
- With this, Mumbai will become the first city in India to establish a one-of-its-kind hybrid power project at its airport.
About Windstream Energy Technologies India Pvt Ltd :
- Founded: 2013
- Headquarters: Hyderabad, Telangana
- Directors: Daniel Louis Bates, Rishi Raj Rishabh, Bhaskar Reddy Dasari, Naga Venkata Kameswara Kumar Tangirala
- It is classified as a Subsidiary of a Foreign Company and is registered at the Registrar of Companies
- Windstream Energy Technologies has developed the patented 10 kW hybrid power system that consists of a 2 kW vertical axis wind turbine and an 8 kW solar photovoltaic (PV) system with an estimated minimum energy generation of 36 kWh/day.
- The hybrid power system aims for 24/7 energy generation based on the airport’s requirements.
CURRENT AFFAIRS: BANKING & FINANCE
Canara HSBC OBC Life Insurance rebranded as Canara HSBC Life Insurance
- Canara HSBC Oriental Bank of Commerce Life Insurance rebranded and renamed itself as Canara HSBC Life Insurance and launched its first brand campaign #PromisesKaPartner aligned to its new positioning – ‘Powering India to re-imagine their dreams and aspirations.
Aim :
- To increase financial inclusion, insurance awareness, and accelerating wealth generation for the clients.
- All existing policyholders will continue to enjoy the benefits of its existing policies under the new brand identity.
- The new logo is based on 3 pillars of the Company’s strong parentage, technology, and
- Canara HSBC Life Insurance’s product suite offers more than 35 plans under child savings, long-term savings, retirement solutions, etc
About Canara HSBC Life Insurance :
- Founded: 2008
- Headquarters: Gurugram, Haryana, India
- MD & CEO: Anuj Mathur
RBI lifts restrictions on Mastercard 2022
- The Reserve Bank of India (RBI), lifted the restrictions imposed on Mastercard Asia/Pacific Pte Ltd on onboarding new domestic clients.
- The RBI has barred Mastercard Asia/Pacific Pete from onboarding new domestic customers (debit, credit, or prepaid) onto its card network from July 22, 2021.
- The move was a major hit for the US-based company which had earlier commanded roughly 33 percent market share in India.
- The RBI had given almost three years for Mastercard to comply with the regulatory directions, but it was unable to complete the process
Key Highlights :
- The Central bank had announced restrictions on Mastercard in 2021 for failing to comply with the local data storage norms.
- Under RBI Mastercard restrictions, the US-based payment gateway was barred from onboarding the new customers until it complies with the Storage of Payment System Data norms.
- Debit and credit card funds are handled through systems such as Mastercard, Visa, and the National Payments Corporation of India (NPCI).
Additional Info :
- Mastercard is a payment system operator authorized to operate a card network in the country under the Payment and Settlement Systems Act, 2007 (PSS Act).
- Mastercard, a major card issuing entity in the country, was the third company to have been barred by RBI from acquiring new customers after American Express Banking Corp and Diners Club International over data storage issues.
- In April 2022, the Central Bank had also imposed similar restrictions on the global card networking giants American Express Banking Corp and Diners Club International Ltd.
About RBI :
- Founded: 1 April 1935
- Governor: Shaktikanta Das
- Headquarters: Mumbai, Maharashtra, India
- Deputy Governors: Mahesh Kumar Jain, Rajeshwar Rao, Michael Patra, and T. Rabi Shankar.
CURRENT AFFAIRS: BUSINESS NEWS
Adani Transmission’s $700 million loan gets a ‘green loan’ tag:
- Adani Transmission Limited’s $700 million turnaround facility has been labeled a “green loan” by Sustainalytics.
- This ensures a green lending framework for a revolving facility. Sustainability analysts have independently published SPOs on the relevance of the revised framework to current market standards and the extent to which qualifying project items are credible and impactful.
About the project:
- A revolving loan facility is a flexible financing instrument that provides the borrower with the option of withdrawing or withdrawing, repaying, and withdrawing.
- $700 million revolving facility-related projects are underway in Gujarat and Maharashtra.
- In October 2021, the company, in a regulatory filing, announced it had raised $700 million for a transmission asset system under construction through definitive agreements signed with banks major international.
- MUFG Bank acts as a green loan coordinator together with the issuer to organize the SPO on the green lending framework prepared by Adani Transmission.
About Adani Transmission Limited:
- CEO: Anil Kumar Sardana
- Founder: Gautam Adani
- Founded: 9 December 2013
- Headquarters: Ahmedabad
CASHe has launched an industry-first credit line service on WhatsApp:
- Financial wellness platform, CASHe has launched the industry’s first line of credit that uses AI-powered chat on WhatsApp to provide customers with a fast, seamless, and convenient way to access instant lines of credit by simply entering their name.
- The company offers instant lines of credit without the need for documents, downloading apps, or filling out tedious application forms.
About CASHe’s WhatsApp chat service:
- CASHe’s WhatsApp chat service is based on the WhatsApp Business Platform, an enterprise solution that allows businesses to communicate with new and existing customers on WhatsApp easily, securely, and reliably.
- Beneath this is an AI-powered bot that matches customer input and automatically facilitates a formal claim with KYC verification and, once verified, establishes a credit limit with just a few clicks through a guided conversation flow.
- Borrower details will be generated and displayed based on the name entered – the only key input the borrower needs to enter at the start of a conversation.
About WhatsApp
- Founded: 2009
- CEO: Will Cathcart
- Headquarters: Menlo Park, California, United States
- Parent organization: Facebook.
- Acquisition date: 19 February 2014
- Founders: Jan Koum, Brian Acton
Female labor participation increased to 25.1% in 2020-2021
- According to the Periodic Labour Force Survey (PLFS) report for July 2020 to June 2021, the female labor force participation rate (LFPR) across India has increased from 2.3% to 25.1% in 2021, compared with 22.8% last year.
- In rural areas, the female labor force participation rate increased by 3% to 27.7%, while in urban areas, the female labor force participation rate increased by 0.1% to 18.6 %.
- The labor force participation rate (LFPR) is the proportion of people who work in the population.
Key Points:
- A person’s customary status was defined as the activity status on which he or she spent the majority of his or her time in the 365 days leading up to the survey date.
- At the same time, India’s worker population ratio (WPR) for people of all ages in normal status is 39.8%.
- The Workforce Participation Rate (WPR) is the proportion of the population that works.
- Finally, India’s regular unemployment rate (UR) for persons of all ages is 4.2 percent; in rural regions, it is 2.1 percent for women and 3.9 percent for males.
- UR, on the other hand, is higher among women in urban areas, at 8.6%, than among men, at 6.1 percent.
CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS
Somalia’s President appoints lawmaker Mr. Hamza Abdi Barre as Prime Minister
- Somalia’s President Mr. Hassan Sheikh Mohamud appointed lawmaker Hamza Abdi Barre as the country’s prime minister.
- Mr Hamza Abdi Barre replaces Mr Mohamed Hussein Roble.
About Hamza Abdi Barre :
- The 48-year-old Hamza Abdi Barre is from the southern state of Jubaland.
- Hamza, who served as the chairperson of the Jubaland Independent Boundaries and Electoral Commission in 2019-20 and worked in the federal government for four years before that, is the first prime minister to emerge from Somalia’s Ogaden clan.
- He has served in several public and political roles and from 2011 to 2017 he was secretary-general of the Peace and Development Party (PDP), the precursor to the Union for Peace and Development (UDP) now led by Mohamud.
- The new premier has also been involved in the education sector, co-founding Kismayo University and leading a community-based network that aimed to rebuild the country’s schooling system after it was battered by the civil war.
About Somalia :
- President: Hassan Sheikh Mohamud
- PM: Hamza Abdi Barre
- Capital: Mogadishu
- Currency: Somali shilling
Former SC judge Ms Ranjana Prakash Desai To Be New PCI Chief
- Justice Ms. Ranjana Prakash Desai, a former judge of the Supreme Court, is to be the next Chairperson of the Press Council of India (PCI).
- The post was lying vacant since Mr. Justice Chandramauli Kumar Prasad (retd) completed his term as the PCI chairperson and demitted office in November 2021.
- A committee comprising vice president Shri M. Venkaiah Naidu, Lok Sabha Speaker Shri Om Birla, and PCI member Mr. Prakash Dubey approved her appointment as the PCI chairperson.
About Ms Justice Ranjana Prakash Desai :
- Ms. Justice Desai, 72, was a public prosecutor for the State of Maharashtra.
- She is also a former judge of the Bombay high court.
- After she retired from the Supreme Court, she was appointed the Chairperson of the Indian Appellate Tribunal for Electricity as well as that of the Advance Ruling Authority (Income Tax).
- She also headed the Search Committee for the Lokpal Chairperson and members.
- Recently, Ms. Justice Desai had headed the Delimitation Commission on Jammu and Kashmir, which was set up to redraw the assembly constituencies of the Union Territory.
About PCI :
- Established: 1966
- The Press Council of India is a statutory, adjudicating organization in India formed by its parliament.
- The Council has a chairman traditionally, a retired Supreme Court judge, and 28 additional members of which 20 are members of the media, nominated by the newspapers, television channels, and other media outlets operating in India.
- The PCI has issued the “Norms of Journalistic Conduct”, which is one of two journalism-related codes in use in India.
CURRENT AFFAIRS: SCIENCE & TECHNOLOGY
India successfully test-fires short-range nuclear-capable Prithvi-II missile from Odisha
- India successfully test-fired indigenously developed nuclear-capable Prithvi-II missile during night time as part of a user training trial from an integrated test range, Chandipur, Odisha.
- The Missile was developed by DRDO (Defence Research & Development Organisation) under the flagship of the Integrated Guided Missile Development Program (IGMDP).
- It is considered extremely successful and is capable of hitting the target with a very high degree of accuracy.
- The missile met all the prescribed operational and technical parameters during the test.
About the Prithvi-II missile :
- Prithvi-2 is a single-stage missile that falls under the liquid fuelling category and is known to have a maximum warhead mounting capability of 500 kg and a range of 250 km (160 mi).
- It can be launched from a mobile launcher.
- It was developed for the Indian Air Force (IAF) being the primary user.
- The Prithvi-2 missile can carry a weapon ranging from 500 to 1000 kg and is powered by a two-engine liquid propellant.
About Prithvi missiles :
- It was first test-fired on January 27, 1996, and the development stages were completed in 2004.
- India has 3 Prithvi missiles with Prithvi-1 having a range of 150 km, Prithvi-2 with 250 km range, and Prithvi-3 with a 350 km range.
- Earlier on February 21, 2018, Prithvi-II also was successfully test-fired during nighttime from ITR at Chandipur.
- On November 20, 2019, two trials consecutively of Prithvi-II were conducted successfully during the nighttime from the same base.
About DRDO :
- Founded: 1958
- Headquarters: New Delhi, Delhi, India
- Chairman: Dr. G. Satheesh Reddy
About IGMDP :
- The Integrated Guided Missile Development Programme (IGMDP) was an Indian Ministry of Defence program for the research and development of a comprehensive range of missiles.
- The program was managed by the Defence Research and Development Organisation (DRDO) and Ordnance Factories Board in partnership with other Indian government political organizations.
CURRENT AFFAIRS: RANKS & REPORTS
IMD World Competitiveness Index 2022: India’s rank 37 Denmark Tops
- According to the International Institute for Management Development’s annual World Competitiveness Index 2022 India has witnessed the sharpest rise among the Asian economies, with a 6th position jump from 43rd in 2021 to 37th rank in 2022.
- Denmark topped the 2022 IMD World Competitiveness Index featuring 63 economies followed by Switzerland and Singapore.
Top 10 Countries in IMD World Competitiveness Index 2022 :
- Denmark
- Switzerland
- Singapore
- Sweden
- Hong Kong SAR (Special Administrative Region)
- Netherlands
- Taiwan
- Finland
- Norway
- USA
In 2021 ranking :
- Demark – 3rd Position
- Switzerland – 1st Position
- Singapore – 5th position
Key Highlights :
- China ranked 17th and Australia ranked 19th in the index.
- With the improvement in the ranking, India’s economic performance has improved from 37th in 2021 to 28th position in 2022.
- The government efficiency improved from 46 in 2021 to 45 in 2022, while business efficiency saw a huge improvement from 32nd rank in 2021 to 23rd in 2022 & Infrastructure, India remains 49.
- The challenges that India’s faces include managing trade disruptions and energy security, maintaining high GDP growth post the pandemic, skill development and employment generation, asset monetization, and resource mobilization for infrastructure development.
- The top 5 attractive factors of India’s economy for business are
- A skilled workforce
- Cost competitiveness
- The dynamism of the economy
- High educational level
- Open and positive attitudes.
About the World Competitiveness Index 2022:
- The 2022 World Competitiveness Ranking was released by the IMD business school in Switzerland and Singapore.
- Its think-tank, IMD World Competitiveness Center, ranks 63 economies and assesses the extent to which a country promotes the prosperity of its people by measuring economic well-being via hard data and survey responses from executives.
About IMD :
- Established: 1990
- Location : Lausanne, Vaud, Switzerland
- Chairman: Michel Demaré
- President : Jean-Francois Manzoni
Transport Research Wing (TRW) Road accidents in India 2020 report: Road Accidents Significantly Declined by 13% In 2020
- According to the report ‘Road accidents in India 2020’, prepared by the Transport Research Wing (TRW) of the Ministry of Road Transport and Highways (MoRTH), the number of road accidents has been on the decline since 2016 except for a marginal increase of 0.46 percent in 2018.
Key Highlights of the report :
- Road accident parameters registered a significant decline in 2020 compared to 2019.
- As per data, Total accidents decreased on an average by 18.46 percent, the number of persons killed decreased by 12.84 percent and the number of injuries decreased by 22.84 percent.
- For the second consecutive year, the total number of road accident fatalities has declined in 2020.
- Similarly, the number of persons injured has been on the decline since 2015.
- For the 3rd consecutive year in 2020, the fatal road accident victims largely constitute young people in the productive age groups.
- Young adults in the age group of 18 – 45 years accounted for 69 percent of victims in 2020.
- People in the working-age group of 18 – 60 years share 87.4 percent of total road accident fatalities.
- A total of 3,66,138 road accidents have been reported by States and Union Territories (UTs) during the calendar year 2020, which claimed 1,31,714 lives and caused 3, 48,279 injuries.
- A total of 1, 20,806 fatal accidents were reported in 2020, which is 12.23 percent lower than the 2019 figure of 1, 37,689.
The Major States that achieved a significant reduction in road accidents in 2020 :
- Kerala, Tamil Nadu, Uttar Pradesh, Maharashtra, and Karnataka.
The major States that achieved a significant reduction in road accident fatalities in 2020 :
- Tamil Nadu, Gujarat, Uttar Pradesh, Rajasthan, and Andhra Pradesh.
About ‘Road accidents in India 2020’ :
- The ‘Road accidents in India 2020’ provides information on various facets of road accidents in the country during the calendar year 2020.
- It has 10 sections and covers information relating to road accidents in the context of road length and vehicular population.
- Data/information provided in this report is sourced from police departments of States/Union Territories collected on a calendar year basis in standardized formats as provided by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) under the Asia Pacific Road Accident Data (APRAD) base project.
CURRENT AFFAIRS: MOUS AND AGREEMENT
LinkedIn tie-up with UN Women to create employment opportunities for women:
- LinkedIn, the world’s largest professional network, is partnering with the United Nations Women to invest USD 5,00,000 (Rs 3.88 crore) towards advancing women’s economic empowerment.
- Through job fairs, mentorship sessions, and peer-to-peer networks, the project will launch a pilot in Maharashtra to cultivate the digital, soft, and employability skills of 2,000 women and present them with a variety of career-building options.
- The three-year regional collaboration will digitally upskill women, allowing them to access more employment and fully engage in the formal economy.
About the collaboration:
- The Women’s Empowerment Principles (WEPs), a collection of effective, actionable principles that guide businesses on how to promote gender equality and women’s empowerment in the workplace, marketplace, and community, will serve as the foundation for the relationship.
- The online platform and institutional experience of UN Women and LinkedIn will be used to bring together partners to boost women’s economic empowerment.
- They will collaborate on advocacy campaigns and events, as well as bring together key partners from their separate networks, to promote broadly equitable opportunities and outcomes for men and women in the workplace.
About LinkedIn Corporation
- Founded: 5th May 2003
- Headquarters: California, United States (US)
- CEO: Ryan Roslansky
CURRENT AFFAIRS: SPORTS NEWS
Indian para-power- lifters Manpreet Kaur and Parmjeet Kumar win bronze medals in Asia Oceania Open Championships:
- Indian para-powerlifters Manpreet Kaur and Parmjeet Kumar have won bronze medals on the opening day of the World Para-powerlifting 2022 Asia Oceania Open Championships at Pyeongtaek in South Korea.
- Manpreet Kaur won the bronze medal in the 41 kg category.
- She had the best lift of 88 kg and the total lift of 173 kg.
- In the men’s category, Parmjeet Kumar also won the bronze medal in the 49 kg category.
- He lifted 160 and 163 kilograms in two rounds which were his lifetime best lifts.
CURRENT AFFAIRS: OBITUARIES
Renowned linguist and critic Professor Gopi Chand Narang passes away
- Eminent Urdu scholar, linguist, literary critic, and former Chairperson of Sahitya Akademi, Gopi Chand Narang passed away in the United States at the age of 91.
About Gopi Chand Narang :
- Gopi Chand Narang was born in Dukki, now in present-day Balochistan, Pakistan.
- He was Professor Emeritus at the University of Delhi and Jamia Millia Islamia.
- He was the president of Sahitya Akademi, which is dedicated to the promotion of Indian literature in the 24 languages of India.
- Professor Narang was Vice-chairman of the Delhi Urdu Academy (1996-1999) and the National Council for Promotion of Urdu Language – HRD (1998-2004) and Vice-president (1998-2002) and President (2003-2007) of the Sahitya Akademi.
- He worked extensively on explaining and analyzing the works of Ghalib, Mir Taqi Mir, and later Faiz Ahmad Faiz and Firaq Gorakhpuri.
- He penned about 60 books, and also designed 10 books for children under the title Let’s Learn Urdu in English and Hindi.
- He is the only Urdu writer to be honored by the presidents of both India and Pakistan.
Awards & Honors :
- In 1995, professor Narang won the Sahitya Akademi Award for his comprehensive work Sakhtiyat, Pas-Sakhtiyat aur Mashriqui Sheriyat (Structuralism, Post-Structuralism, and Eastern Poetics).
- He was awarded the prestigious Sitara-i-Imtiaz (Star of Excellence) (2012) by the Government of Pakistan and Padma Bhushan (2004) and Padma Shri (1990) by the Government of India.
Daily CA on June 18 :
- Every year on June 18th, the globe celebrates Autistic Pride Day to raise awareness that autism is a condition, not a disease.
- Prime Minister Shri Narendra Modi inaugurated the Jal Bhushan building at Raj Bhawan in Mumbai.
- The Central government has extended the upper age limit for the Agnipath recruitment scheme from 21 years to 23 years.
- India and Sweden hosted the Industry Transition Dialogue in Stockholm, as a part of their joint initiative i.e. Leadership for Industry Transition (LeadIT).
- Mumbai International Airport, Chhatrapati Shivaji Maharaj International Airport (CSMIA) has become India’s first airport to launch a one-of-its-kind Vertical Axis Wind Turbine (VAWT) & Solar PV hybrid (Solar Mill) to explore the possibility of utilization of wind energy at the airport.
- Canara HSBC Oriental Bank of Commerce Life Insurance rebranded and renamed itself as Canara HSBC Life Insurance and launched its first brand campaign #PromisesKaPartner aligned to its new positioning – ‘Powering India to re-imagine their dreams and aspirations.
- The Reserve Bank of India (RBI), lifted the restrictions imposed on Mastercard Asia/Pacific Pte Ltd on onboarding new domestic clients.
- Adani Transmission Limited’s $700 million turnaround facility has been labeled a “green loan” by Sustainalytics.
- CASHe has launched the industry’s first line of credit that uses AI-powered chat on WhatsApp to provide customers with a fast, seamless, and convenient way to access instant lines of credit by simply entering their name.
- According to the Periodic Labour Force Survey (PLFS) report for July 2020 to June 2021, the female labor force participation rate (LFPR) across India has increased from 2.3% to 25.1% in 2021, compared with 8% last year.
- Somalia’s President Mr. Hassan Sheikh Mohamud appointed lawmaker Mr. Hamza Abdi Barre as the country’s prime minister.
- Justice Ms. Ranjana Prakash Desai, a former judge of the Supreme Court, is to be the next Chairperson of the Press Council of India (PCI).
- India successfully test-fired indigenously developed nuclear-capable Prithvi-II missile during night time as part of a user training trial from an integrated test range, Chandipur, Odisha.
- According to the International Institute for Management Development’s annual World Competitiveness Index 2022 India has witnessed the sharpest rise among the Asian economies, with a 6th position jump from 43rd in 2021 to 37th rank in 2022.
- According to the report ‘Road accidents in India 2020’, prepared by the Transport Research Wing (TRW) of the Ministry of Road Transport and Highways (MoRTH), the number of road accidents has been on the decline since 2016 except for a marginal increase of 0.46 percent in 2018.
- LinkedIn, the world’s largest professional network, is partnering with the United Nations Women to invest USD 5,00,000 (Rs 3.88 crore) towards advancing women’s economic empowerment.
- Indian para-powerlifters Manpreet Kaur and Parmjeet Kumar have won bronze medals on the opening day of the World Para-powerlifting 2022 Asia Oceania Open Championships at Pyeongtaek in South Korea.
- Eminent Urdu scholar, linguist, literary critic, and former Chairperson of Sahitya Akademi, Gopi Chand Narang passed away in the United States at the age of 91.