Current Affairs May 27th 2022| Current Affairs News

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CURRENT AFFAIRS: IMPORTANT DAYS

International Missing Children’s Day: May 25

  • International Missing Children’s Day is an annual awareness event held on May 25th.
  • The day’s goals are to bring attention to the issue of child abduction, educate parents on how to protect their children, and honour those who have never been found as well as those who have.
  • This awareness event is co-sponsored by the Global Missing Children’s Network.
  • The network, founded in 1998, has 23 member countries that collaborate to share information and best practices to improve the effectiveness and success rate of missing children’s investigations.

HISTORY:

  • Missing Children’s Day was first observed in the United States in 1983.
  • The date was chosen in response to the abduction of 6-year-old Etan Patz from New York City on May 25, 1979.
  • International Missing Children’s Day, which falls on the same date, was established a few years later in 2001 and is now recognized worldwide.

CURRENT AFFAIRS: NATIONAL NEWS  

Centre launches Swachh Survekshan 2023:

  • Under Swachh Bharat Mission Urban 2.0, the Union Government of India has launched the Eighth Edition of Swachh Survekshan – SS-2023.
  • Shri Manoj Joshi, Secretary, of the Ministry of Housing and Urban Affairs, unveiled it at a virtual event in New Delhi.
  • Swachh Survekshan- 2023 is curated to achieve circularity in waste management, with the idea of ‘Waste to Wealth’ as its driving philosophy.
  • The survey would prioritize the three R’s: Reduce, Recycle, and Reuse.
  • As a result, in SS-2023, the evaluation will take four phases rather than the three in previous editions.

Param Porul supercomputer inaugurated at NIT Tiruchirappalli:

  • A supercomputer named Param Porul was inaugurated at NIT Tiruchirappalli under National Supercomputing Mission (NSM).
  • The NSM is a joint initiative of the Ministry of Electronics and Information Technology (MeitY) and the Department of Science and Technology (DST).
  • To support computational research, the Param Porul supercomputing facility was established under phase two of the national supercomputing initiative.

About Param Porul:

  • The Param Porul uses direct contact liquid cooling technology to achieve high power utilization effectiveness while lowering operational costs.
  • For the advantage of researchers, multiple applications from diverse scientific areas such as Weather and Climate, Bioinformatics, Computational Chemistry, Molecular Dynamics, Material Sciences, Computational Fluid Dynamics, and so on have been installed on the system.
  • To meet the computing needs of various scientific and engineering applications, the system is outfitted with a mix of CPU nodes, GPU nodes, high memory nodes, high throughput storage, and high-performance Infiniband connectivity.

MeitY hosts Digital India BHASHINI brainstorming session:

  • Shri Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, Skill Development and Entrepreneurship, attended a brainstorming session on Mission Digital India BHASHINIthe National Language Translation Mission, organized by MeiTY (NLTM).
  • Startups are an important part of our digital ecosystem, and Mission Digital India Bhashini will assist them in developing India-specific and Indian Languages enabled IT solutions.

Highlights:

  • Multilingualism offers huge opportunities for businesses to develop unique solutions and products that can benefit all Indian inhabitants, regardless of their native language.
  • To fulfil the aims of Digital India, enabling access to knowledge resources and digital empowerment of citizens is a top priority.
  • The Hon’ble Minister of State highlighted his aim to digitally connect all Indians and encourage their digital inclusion by overcoming linguistic barriers on the Internet using AI/NLP.

About BHASHINI:

  • The mission’s purpose is to empower Indian citizens by connecting them to the country’s digital efforts in their native language, leading to digital inclusion.
  • Bhashini is an open platform that will power the entire Digital Ecosystem.
  • To encourage startup participation, a brainstorming meeting was organized via video conferencing.
  • A lot of renowned entrepreneurs operating in the Indian language space attended the conference.
  • Mission Digital India Bhashini also aims to considerably improve material in Indian languages on the Internet in areas of public interest, such as governance and policy, science and technology, and so on, to encourage Indians to use the Internet in their language.

CURRENT AFFAIRS: STATE NEWS

Kolkata becomes 1st metro city to get its biodiversity register

  • Kolkata mayor, Firhad Hakim announced Kolkata has become the first major metropolitan city in India to make a detailed biodiversity register.
  • On the occasion of UN International Biodiversity Day (22 May), Kolkata Municipal Corporation released the People’s Biodiversity Register (PBR).
  • The document is prepared by the biodiversity management committee (BMC) of the civic body under the supervision of the state biodiversity board and with help from NGOs.

Note :

  • Chandigarh and Indore are other important cities that have prepared the document.

About  People’s Biodiversity Register (PBR) :

  • The People’s Biodiversity Register (PBR), details flora and fauna forms within the city, as well as its land, uses, and human activities.
  • It is the 520-page documentation of 399 plants (i.e. 138 trees, 126 Chinese vegetables, 33 medicinal plants, and Nearly 100 other plants) and 283 animal species (i.e. Nearly 70 butterflies, 47 fish, 84 birds, 22 mammals).
  • The report covers hotspots such as the East Kolkata Wetlands and Rabindra Sarobar.
  • It is also a key document in the fight against climate change.
  • The Data is generated through on-ground surveys, focused group discussions, and interviews, also used Google-based maps to document water bodies, green verges, and other landscapes.

About National Biodiversity Authority :

  • Established: 1 October 2003
  • Chairman: V.B. Mathur
  • Located in: Chennai, Tamil Nadu, India
  • The National Biodiversity Authority (NBA) is a statutory autonomous body under the Ministry of Environment, Forests and climate change, GoI.
  • To implement the provisions under the Biological Diversity Act, 2002, after India signed Convention on Biological Diversity (CBD) in 1992.
  • In 2012, NBA organized the first-ever National Biodiversity Congress (NBC), held in Thiruvananthapuram, Kerala.

CURRENT AFFAIRS: BANKING & FINANCE

SEBI reviews the framework for debt ETFs and index funds

  • The Securities and Exchange Board of India (SEBI) has announced a new framework for managing Passive Funds, Exchange Traded Funds (ETFs), and Index Funds amid the growing popularity of such funds as investment products for retail investors.
  • The parameters of debt ETFs or Index Funds could be based on indices comprising corporate debt securities or Government Securities (G-Secs), T-bills, and/or State Development Loans (SDLs) or a combination of corporate debt securities and G-secs, T-bills, and SDLs.
  • The new framework will come into effect from July 1, 2022.

Key Highlights :

Weightage of the Securities :

  • For an index weighing at least 80% of corporate debt securities, a sole issuer should not have a weighting of more than 15% in the index in respect of AAA securities, not more than 12.5% in case of AA securities, and not more than 10% in case of A and below rated securities.
  • In the case of a Hybrid Index consisting of both corporate debt securities and G-Secs/SDLs with a weighting of up to 80% of corporate debt securities, a single issuer should not have more than 15% weight in the index in respect of AAA-rated securities.
  • Regarding the norms of the Market Making (MMs) framework for ETFs, the Asset Management Companies (AMCs) need to appoint at least two market makers (MMs), who are members of the stock exchanges, for ETFs to provide continuous liquidity on the exchange platform.
  • Investors can directly approach the AMC for the redemption of units of the ETFs, for transactions up to Rs 25 crore without any exit load in case of certain scenarios.
  • The minimum subscription amount at the time of the new fund offer (NFO) for debt ETFs/Index Funds and other ETFs/Index Funds would be Rs 10 crore and Rs 5 crore,
  • SEBI has also allowed mutual funds to launch passively managed Equity-Linked Savings Schemes (ELSS) to save tax under Section 80C of the Income Tax Act, 1961.

About SEBI :

  • Established: on 12 April 1988 and given Statutory Powers on 30 January 1992 through the SEBI Act, 1992.
  • Headquarters: Mumbai, Maharashtra, India
  • Chairman : Madhabi Puri Buch

UCO Bank signs Co-Lending Loan Agreement with Paisalo Digital Limited

  • UCO Bank signed a co-lending agreement with NBFC Paisalo Digital Limited for agriculture business to capitalize on the huge Rs 8 lakh crore market of small-ticket loans for the 365 million underbanked and under-serviced population.
  • The tie-up will give a boost to the agriculture advance of the bank and it is a favorable situation for the bank as well as the NBFC with benefits reaching those at the bottom of the society.

About Co-lending :

  • Co-lending is an emerging area in priority sector financing and due focus is given by the Government of India to help agriculture and other small borrowers who are the backbone of the Indian economy.

About UCO Bank :

  • Founded: 6 January 1943
  • Headquarters: Kolkata, West Bengal, India
  • Founder: G. D. Birla
  • MD & CEO : Soma Sankara Prasad
  • UCO Bank, formerly United Commercial Bank.

Mahagram Partners with IndusInd Bank to enhance the digital payments ecosystem

  • A rural fintech company, Mahagram partners with a new-generation Indian bank IndusInd Bank, to enhance the digital payments ecosystem & provide a wider horizon to transact especially for its customers in rural India.

Aim :

  • To add 15 million (1.5 crores) small merchants to UPI QR in the current fiscal year (2022-23).
  • The Partnership boosts financial inclusion, encourages socio-economic development, mitigates the risks of a shadow economy, and accelerates the growth of a cashless society.
  • Digital payments will bring more transparency to the sector and further empower the merchants.
  • It contributes to economic growth and also ensures easy transactions for customers through their mobile phones, making it a much safer, simpler, and more convenient way to pay.
  • Recently, Mahagram launched a citizen service delivery portal ‘GramSevak.com‘ to provide basic doorstep banking and e-governance services to all the citizens residing in rural as well as urban locations.

About Mahagram :

  • Founded: 2015
  • Headquarters: Mumbai, Maharashtra, India
  • CEO: Ram Shriram

About IndusInd Bank :

  • Founded: 1994
  • Headquarters: Mumbai, Maharashtra, India
  • MD & CEO : Sumant Kathpali

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

Captain Abhilasha Barak becomes Indian Army’s 1st woman combat pilot

  • Captain Abhilasha Barak (26 years old) has become the first woman officer to join the Army Aviation Corps as a helicopter pilot after completing a year-long course at the Combat Army Aviation Training School at Nashik in
  • Barak has been assigned to the second flight of the 2072 Army Aviation Squadron that operates the Dhruv advanced light helicopter (ALH).
  • It was described as a ‘Golden Letter Day’ for the Indian Army.

About Captain Abhilasha Barak :

  • Barak hails from Haryana and is the daughter of a retired colonel.
  • She is an alumnus of the Lawrence School, Sanawar.
  • Before joining the Army, she worked as a Business Technology Analyst for Deloitte, US.
  • She was commissioned in the Army Air Defence Corps in September 2018.
  • She was selected by President Ram Nath Kovind as a Contingent Commander for Presentation of Colors to Army Air Defence at the Army Air Defence Corps.
  • She is a part of the National Defence Academy (NDA) batch, which is set to induct its first batch of women cadets in June 2022.
  • Abhilasha Barak was awarded the coveted wings along with 36 Army Pilots by the Army Aviation director-general Lieutenant General Ajay Kumar Suri during a valedictory ceremony at the Nashik-based training school.

Note :

  • In 2018, Air Force Flying officer Avani Chaturvedi became the first Indian woman to fly a fighter aircraft.

About Army Aviation Corps :

  • Army Aviation Corps is the component of the Indian Army which was established on November 1, 1986.
  • The division is headed by a Lieutenant General rank officer who is known as the Director-General of Army Aviation (Ajay Kumar Suri)
  • It was first deployed in India’s 1987 fight with the LTTE (Liberation Tigers of Tamil Eelam) in Jaffna, known as ‘Operation Pawan’.
  • They flew the HAL-developed Chetak and Cheetah helicopters.
  • It is one of the youngest corps of the Indian Army and operates a fleet of Chetak, Cheetah, Advanced Light Helicopter (ALH) Dhruv, and Rudra helicopters.

India’s Health Secretary Shri Rajesh Bhushan appointed as chairperson of the key world health panel

  • India’s Union Health Secretary Shri Rajesh Bhushan has been appointed as the Chairperson of Committee B at the 75th World Health Assembly (WHA) in Geneva, Switzerland.
  • The World Health Assembly functions through two types of committees: Committee A and Committee B

About Committee A :

  • Committee A meets to debate technical and health matters.
  • It has listed critical issues to discuss during the 75th WHA including Pandemic Preparedness and Response, Amendment in International Health Regulations 2005, WHO work in a health emergency, Global Strategy for HIV, TB, Viral hepatitis and eradication of polio, immunization agenda-2030, infection prevention, and control and Human resources for health, etc.

About Committee B :

  • Committee B primarily discusses administrative and financial matters of the World Health Organization.
  • It will discuss and prepare a report on many important issues which includes health conditions in the occupied Palestinian territory including East Jerusalem and the occupied Syrian Golan, the Budget for WHO for the year 2022-2023, Prevention of sexual exploitation, WHO reforms global strategy and plan of action on public health, innovation and intellectual property, audit report of WHO, global strategy and plan of action on public health, innovation and intellectual property and intergovernmental organizations issues.

About Shri Rajesh Bhushan :

  • Shri Rajesh Bhushan is a 1987 Bihar cadre Indian Administrative Service.
  • In July 2020 Bhushan was appointed as Secretary of the Ministry of Health and Family Welfare.
  • In 2019 he was appointed as Secretary of the Special Protection Group.
  • Also, he was Secretary of the Ministry of Rural Development.

Note :

  • The annual World Health Organisation (WHO) assembly is being held from May 22 to 28 in Geneva, Switzerland.

About WHA :

  • Founded: 1948
  • Headquarters: Geneva, Switzerland
  • Chairperson: Dr. Harsh Vardhan
  • Membership: 194 Countries
  • Parent Organization: World Health Organization

CURRENT AFFAIRS: AWARDS & HONORS

Union Minister of Power Shri R.K Singh confers NHPC Limited with first prize of ‘Rajbhasha Shield’

  • Union Power Minister RK Singh has conferred National Hydroelectric Power Corporation Limited (NHPC Limited) with the first prize for the year 2020-21 and the second prize for the year 2018-19 for excellent implementation of Rajbhasha.
  • During the meeting, Shri R.K Singh also released the latest issue of ‘Rajbhasha Jyoti’, NHPC’s official language magazine, and the book ‘Bharatiya Sanskriti Mein Prabandhan’ written by Rajbir Singh, Group General Manager (Rajbhasha), NHPC.
  • NHPC has also been awarded “Rajbhasha Kirti Puraskar” 9 times by the Government of India for its excellent work in the field of implementation of Rajbhasha.

Additional Info :

  • Union Minister of Power and New and Renewable Energy, Shri R.K Singh chaired the meeting of Hindi Salahkar Samiti.

About NHPC Limited :

  • Founded: 1975
  • Headquarters: Faridabad, Haryana
  • Chairman & MD: Abhay Kumar Singh
  • NHPC Limited is an Indian government hydropower board under the ownership of the Ministry of Power, GoI.

About Ministry of Power :

  • Minister of State: Shri Krishna Pal Gurjar
  • Power Secretary: Shri Alok Kumar

Mamata Banerjee awarded Special Bangla Academy Award

  • On the occasion of Rabindranath Tagore’s birth anniversary, the chief minister of West Bengal, Mamata Banerjee, has received the first Bangla Academy award for her “relentless literary pursuit at the “Ravi Pranam” function organized by the government’s information and culture department.
  • The award was introduced by Sahitya Academy & it was presented to Banerjee for her book “Kabita Bitan”, which pays tribute to the best writers of West Bengal.
  • On behalf of Mamata Banerjee, the award was received by state Education Minister Bratya Basu.

About Kabita Bitan :

  • The Book ‘Kabita Bitan’ was launched at the 2020 Kolkata Book Fair.
  • The book contains 946 poems written by the TMC supremo.
  • The award will be given to those who constantly pursue literature even after working tirelessly in various other fields.

CURRENT AFFAIRS: ACQUISITIONS & MERGERS

GIC buys a 7.5% stake in Aditya Birla Fashion and Retail for Rs 2,195 crore

  • Singapore’s sovereign wealth fund, GIC, is acquiring a 7.5% equity stake in Aditya Birla Fashion and Retail (ABFRL) for Rs 2,195 crore by way of preferential issue of equity and warrants.
  • GIC will invest Rs 770 crore now towards subscription of equity and warrants and follow it up by pumping in Rs 1,425 crore in one or more tranches within 18 months.
  • After the investment, Aditya Birla Group will hold a controlling stake of 51.9% in the company.
  • The capital infusion will strengthen ABFRL’s balance sheet.
  • Analysts expect debt levels to stay within manageable limits in the current fiscal year 2022-23.

About GIC :

  • Established: 22 May 1981
  • Headquarters: Singapore
  • Chairman: Lee Hsien Loong
  • CEO: Lim Chow Kiat
  • GIC Private Limited is a sovereign wealth fund to manages Singapore’s foreign reserves.

Mission :

  • To preserve and enhance the international purchasing power of the reserves.

About ABFRL :

  • Founded: 1997
  • Headquarters: Mumbai, Maharashtra, India
  • MD: Ashish Dikshit

CURRENT AFFAIRS: RANKS & REPORTS

WEF’s Travel and Tourism Development Index 2021: India Ranks 54, Japan Tops, and Bottam position Chad 117

  • According to the report titled Travel & Tourism Development Index (TTDI) 2021: Rebuilding for a Sustainable and Resilient Future’, released by the World Economic Forum (WEF), India has been ranked the 54th place in the overall rankings with a score of 4.2, down from 46th in 2019, but has remained on top within South Asia.
  • The theme of the WEF’s Travel & Tourism Development Index (TTDI) 2021 is “Rebuilding for a Sustainable and Resilient Future”.

Top 10 Countries on the TTDI 2021 :

Rank Country Score
1 Japan 5.2
2 United States of America (USA) 5.2
3 Spain 5.2
4 France 5.1
5 Germany 5.1
6 Switzerland 5.0
7 Australia 5.0
8 United Kingdom 5.0
9 Singapore 5.0
10 Italy 4.9
54 India 4.2

Bottom 5 Countries in the index :

Rank Countries Score
113 Angola 2.9
114 Sierra Leone 2.8
115 Mali 2.7
116 Yemen 2.6
117 Chad 2.5

About WEF’s Travel and Tourism Development Index 2021 :

  • The Travel and Tourism Development Index 2021 is a direct evolution of the Travel and Tourism Competitiveness Index, which has been published biennially for the past 15 years.
  • The Travel and Tourism Competitiveness Report was first published in 2007.
  • The index assessed a total of 117 countries for the study.
  • It consists of five subindexes, 17 pillars, and 112 individual indicators.
  • The Travel and Tourism Development Index 2021 is a direct evolution of the Travel and Tourism Competitiveness Index, which has been published biennially for the past 15 years.
  • The Travel and Tourism Competitiveness Report was first published in 2007.
  • The index assessed a total of 117 countries for the study.
  • It consists of five subindexes, 17 pillars, and 112 individual indicators.

About WEF :

  • Founded: January 1971
  • Headquarters: Cologny, canton of Geneva, Switzerland
  • Executive Chairman: Klaus Schwab

Ministry of Education releases National Achievement Survey 2021

  • The Department of School Education and Literacy, Ministry of Education released the National Achievement Survey (NAS) 2021 report.
  • The report assesses the health of the school education system in the country by conducting a comprehensive evaluation survey of children’s learning competencies in classes III(3), V(5), VIII(8) and X(10) with a cycle period of 3 years.
  • It reflects the overall assessment of the school education system.
  • The survey was managed through a technology platform designed and developed by the National Informatics Center (NIC).

Objective :

  • The last NAS was held in 2017.

About NAS 2021 :

  • NAS 2021 conducted on November 12, 2021, assessed over 34 lakh students in 18 lakh schools at 720 districts across 36 states and Union Territories.
  • The Central Board of Secondary Education (CBSE) along with the governments of states and union territories of India will be administering the test.
  • The survey was conducted in 22 languages, ie Assamese, Bengali, English, Gujarati, Hindi, Kannada, Odia, Punjabi, Tamil, Telugu, Urdu, Bodo, Garo, Khasi, Konkani, Nepali, Malayalam, Manipuri, Marathi, Mizo, Bhutia, and Lepcha.
  • The report is based on the performance in all subjects through disaggregation by gender (female, male), Area (Rural and Urban), Management of schools (Government, Government Aided, and Private unaided), and Social Groups (Schedule Caste (SC), Schedule Tribe (ST), Other Backward Communities (OBC) and General.
  • For Classes 3 and 5, the survey will be conducted in mathematics, language, and environmental science.
  • For Class 8, NAS will be conducted in mathematics, language, science, and social science subjects.
  • For Class 10, the survey will cover subjects like mathematics, language, science, social science, and
  • The NAS 2021 report cards for the national, state, and district levels have been made available at the official website “gov.in.

About NAS :

  • National Achievement Survey (NAS) is a nationally representative large-scale survey of students’ learning undertaken by the Ministry of Education, GoI.
  • NAS gives a system-level reflection on the effectiveness of school education.

About Ministry of Education :

  • Cabinet Minister: Dharmendra Pradhan
  • Minister of State : Subhas Sarkar, Annapurna Devi Yadav, Rajkumar Ranjan Singh

CURRENT AFFAIRS: SUMMITS & CONFERENCES

President Ram Nath Kovind to inaugurate first-ever two-day national conference of woman legislators in Thiruvananthapuram 

  • President Ram Nath Kovind will kick off the two-day National Women Legislators’ Conference-2022 at the Legislative Assembly complex, which is expected to bring a significant number of female parliamentarians and legislators from throughout the country.
  • The first-ever such event, organized by the state Assembly, is part of the nationwide celebrations marking India’s 75th anniversary of independence, known as the Azadi Ka Amrit Mahotsav.

KEYPOINTS:

  • The two-day meeting, according to Assembly sources, would focus on contemporary topics like women’s rights, gender equality, and enough female representation in decision-making bodies.
  • Gujarat Assembly Speaker Nimaben Acharya, Lok Sabha MP Kanimozhi, former Lok Sabha Speaker Meira Kumar, and former Rajya Sabha member Brinda Karat are among the speakers at the Constitution and Women’s Rights event.
  • The panellists for the session “Role of Women in India’s Freedom Struggle,” as well as former MP Subhashini Ali, will be MPs Supriya Sule and Jebi Methar, while the speakers for the session Women’s Rights and Legal Gaps will be West Bengal minister Shashi Panja, MP Jaya Bachchan, Delhi Assembly deputy speaker Rakhi Birla, and Kerala High Court justice Anu Sivaraman.
  • In the last session, “Under Representation of Women in Decision-Making Bodies,” Uttarakhand Assembly Speaker Ritu Khanduri, Telangana MLC Kavitha Kalvakuntla, and National Federation of India Women general secretary Annie Raja will speak.
  • The valedictory session will be opened by Lok Sabha Speaker Om Birla, who will be addressed by state Devaswom and Parliamentary Affairs Minister K Radhakrishnan.

ATTENDEES:

  • Parliamentary Affairs Minister: K Radhakrishnan
  • Lok Sabha Speaker: Om Birla
  • Uttarakhand Assembly Speaker: Ritu Khanduri
  • Gujarat Assembly Speaker: Nimaben Acharya
  • National Federation of India Women general secretary: Annie Raja

CURRENT AFFAIRS: SPORTS NEWS

SC appoints 3-member Committee to oversee the functioning of AIFF:

  • The Supreme Court has established a three-member Committee of Administrators (CoA) chaired by former Supreme Court judge AR Dave to oversee the business of the All-India Football Federation (AIFF) and the approval of its constitution in accordance with the National Sports Code and model guidelines.

Additional Info.

  • According to a panel of Justices DY Chandrachud, Surya Kant, and PS Narasimha, the COA would include two previous members — SY Qureshi, former Chief Election Commissioner, and Bhaskar Ganguly, former captain of the Indian Football Team, in addition to Retired Justice Dave.
  • The AIFF’s existing condition of affairs, according to the Supreme Court, is not conducive to the federation’s constitutional government.
  • It directed the CoA to take immediate control of the AIFF and supervise the AIFF’s acceptance of the constitution.

CURRENT AFFAIRS: BOOKS AND AUTHOR

Ruskin Bond’s book titled ‘Listen to Your Heart: The London Adventure’ was Released:

  • On Ruskin Bond’s 88th birthday, Penguin Random House India (PRHI) released a new book titled “Listen to Your Heart: The London Adventure”.
  • Ruskin Bond was born in Kasauli (Himachal Pradesh) and raised in Jamnagar (Gujarat), Dehradun (Uttarakhand), New Delhi, and Shimla (Himachal Pradesh).

About the Books:

  • Listen to Your Heart: The London Adventure, which will be released on his 88th birthday, takes readers on a journey through the four years he spent in the Channel Islands and England.

Daily CA on May 27 :

  • International Missing Children’s Day is an annual awareness event held on May 25th.
  • Under Swachh Bharat Mission Urban 2.0, the Union Government of India has launched the Eighth Edition of Swachh Survekshan – SS-2023.
  • Param Porul supercomputer inaugurated at NIT Tiruchirappalli
  • MeitY hosts Digital India BHASHINI brainstorming session
  • Kolkata mayor, Firhad Hakim announced Kolkata has become the first major metropolitan city in India to make a detailed biodiversity register.
  • The Securities and Exchange Board of India (SEBI) has announced a new framework for managing Passive Funds, Exchange Traded Funds (ETFs), and Index Funds amid the growing popularity of such funds as investment products for retail investors.
  • UCO Bank signed a co-lending agreement with NBFC Paisalo Digital Limited for agriculture business to capitalize on the huge Rs 8 lakh crore market of small-ticket loans for the 365 million underbanked and under-serviced population.
  • A rural fintech company, Mahagram partners with a new-generation Indian bank IndusInd Bank, to enhance the digital payments ecosystem & provide a wider horizon to transact especially for its customers in rural India.
  • Captain Abhilasha Barak (26-year-old) has become the first woman officer to join the Army Aviation Corps as a helicopter pilot after completing a year-long course at the Combat Army Aviation Training School at Nashik in Maharashtra.
  • India’s Union Health Secretary Shri Rajesh Bhushan has been appointed as the Chairperson of Committee B at the 75th World Health Assembly (WHA) in Geneva, Switzerland.
  • Union Power Minister RK Singh has conferred National Hydroelectric Power Corporation Limited (NHPC Limited) with the first prize for the year 2020-21 and the second prize for the year 2018-19 for excellent implementation of Rajbhasha.
  • On the occasion of Rabindranath Tagore’s birth anniversary, the chief minister of West Bengal, Mamata Banerjee, has received the first Bangla Academy award for her “relentless literary pursuit at the “Ravi Pranam” function organized by the government’s information and culture department.
  • Singapore’s sovereign wealth fund, GIC, is acquiring a 7.5% equity stake in Aditya Birla Fashion and Retail (ABFRL) for Rs 2,195 crore by way of preferential issue of equity and warrants.
  • According to the report titled Travel & Tourism Development Index  (TTDI) 2021: Rebuilding for a Sustainable and Resilient Future’, released by the World Economic Forum (WEF), India has been ranked the 54th place in the overall rankings with a score of 4.2, down from 46th in 2019, but has remained on top within South Asia.
  • The Department of School Education and Literacy, Ministry of Education released the National Achievement Survey (NAS) 2021 report & the report assesses the health of the school education system in the country by conducting a comprehensive evaluation survey of children’s learning competencies at classes III(3), V(5), VIII(8) and X(10) with a cycle period of 3 years.
  • President Ram Nath Kovind will kick off the two-day National Women Legislators’ Conference-2022 at the Legislative Assembly complex, which is expected to bring a significant number of female parliamentarians and legislators from throughout the country.
  • The Supreme Court has established a three-member Committee of Administrators (CoA) chaired by former Supreme Court judge AR Dave to oversee the business of the All-India Football Federation (AIFF) and the approval of its constitution under the National Sports Code and model guidelines.
  • On Ruskin Bond’s 88th birthday, Penguin Random House India (PRHI) released a new book titled “Listen to Your Heart: The London Adventure”.

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