NATIONAL UPDATES:
1. Tata Motors VP Rajan Amba appointed
as MD of Jaguar Land Rover India: Rajan
Amba has been appointed as the managing director of Jaguar Land
Rover India, effective from 1st March 2023. He will replace Rohit
Suri, who announced his retirement from the position of MD and President
in January 2023. Prior to this role, he worked as the Vice
President - Sales, Marketing, and Customer Care of Tata Motors
Passenger Vehicles. He has also worked as a Chief Operating
Officer with Carat Lane (a subsidiary company of Titan).
2. Lt General MV Suchindra Kumar
appointed as Vice Chief of Army: Lt Gen MV Suchindra Kumar has been appointed as the new Vice
Chief of Army Staff. He is currently serving as the Deputy Chief of Army Staff
(Strategy) in the Army Headquarters. He will succeed Lt Gen B S Raju, who
has been appointed as the Jaipur- headquartered South Western Army
Commander.
While Lt
Gen NSR Subramani has been appointed as the next Central Army
Commander in Lucknow. All the new appointments will come into effect on
March 1.
3. IAF develops indigenous ‘Vayulink’
platform for jammer-proof communication: The Indian Air Force has developed an
innovative solution named ‘Vayulink’ to send radio communication
to the base station when the signals are low. It would help pilots to deal with
bad weather and also provide them with jammer-proof uninterrupted
communication with the base station. It is an ad-hoc data link
communication system. It will be installed in an aircraft and
provide information about other aircraft close by, encrypted traffic data
over a secured channel.
4. Vertiplane X3 Drone delivers TB
medicines: The All India Institute of
Medical Sciences (AIIMS)-Rishikesh conducted a trial to test the
feasibility of drones supplying medicines to primary health centers or smaller
hospitals by Vertiplane X3 drone. This drone was used to deliver
a 2kg package of anti-tubercular drugs to a district hospital in Tehri
Garhwal during the trial. The aerial distance of nearly 40 kilometers between
the helipad at AIIMS and the hospital was covered in 30 minutes.
5. Twelve cheetahs brought from South
Africa to Kuno National Park: Twelve cheetahs from
South Africa were brought to Kuno National Park in Madhya Pradesh. Of
the 12 cheetahs, seven are male and five are female. Union Ministers Bhupendra
Yadav and Narendra Singh Tomar and Madhya Pradesh Chief Minister Shivraj Singh
Chouhan released these cheetahs into the Park. The cheetahs are being brought
to India as part of the Cheetah Reintroduction Project on the basis of the MoU
signed between the South African and the Indian governments. Thus, the number
of cheetahs in Kuno National Park has increased now from 8 to 20.
6. India’s first waste-to-hydrogen
plant to be set up in Pune: The Government of
India is to set up the first waste-to-hydrogen plant at
a cost of Rs 430 crores in Pune. A private company Green Billion Limited
will build the plant. The company has signed an agreement with the Pune
Municipal Corporation for 30 years. The objective of the plant is to treat 350
tonnes of solid waste daily. From this, it will produce ten tonnes of Hydrogen
every day. The plant is to be built in Hadapsar Industrial Estate in Pune. The
plant is the first of its kind in the country.
7. PM virtually inaugurated Jal Jan
Abhiyan in Rajasthan: Prime Minister Narendra
Modi has virtually inaugurated the Jal Jan Abhiyan in Abu Road in
Sirohi district of Rajasthan. The main objective of this campaign is to plant
trees along with water harvesting and motivate people for water conservation. This
campaign has been started by the Brahma Kumar is organization and the Ministry
of Jal Shakti. The 21st-century world is realizing the gravity of the limited
water resources on earth and water security is a big question because of
India’s huge population.
8. Lt Gen KT Parnaik takes oath as 20th
Governor of Arunachal Pradesh: Lieutenant General
(Retd) Kaiwalya Trivikram Parnaik took oath as the 20th Governor
of Arunachal Pradesh. He was administered the oath of office by the Judge of
Gauhati High Court, Justice Nani Tagia in a ceremony held at Raj Bhavan in
Itanagar. Lt Gen Parnaik replaced Brig (Retd) Dr. B D Mishra, who has been
posted as Lt Governor of the union territory of Ladakh.
INTERNATIONAL UPDATES:
1. India ranks 47th in OECD's services
trade restrictiveness index: According to
the services trade restrictiveness index (STRI), conducted by
the Organization for Economic Co-operation and Development
(OECD), India ranked 47 out of 50 countries. As per the report, India had
been progressively introducing reforms over the past years, contributing to a
slight liberalization of services trade in some sectors. Top 5: Japan (1),
UK, Netherlands, Czech Republic, and Chile (5) Bottom: Indonesia
(50), Thailand(49), and Russia (48)
2. BEL & Israel Aerospace
Industries to form joint venture: Bharat Electronics Limited and Israel Aerospace
Industries have concluded an MoA to form a JV aiming at a single point of
contact for extending long-term product support services for India's
defense forces. The new JV is being established to provide life cycle
support for MRSAM (Medium Range Surface to Air Missile) air defense systems. MRSAM is
an advanced air and missile defence system. The IAF, Indian Army, Indian
Navy, and Israeli Defence Forces use it.
3. Bengaluru ranks as the 2nd slowest
city to drive in the world: Bengaluru has ranked
high among the slowest cities in the world when it comes to moving in
traffic. The Silicon Valley of India is the second slowest city in the world to
drive in as one can cover just 10 km in 29 minutes and 10 seconds in the city. The
findings were shared by a report by TomTom, a Dutch multinational developer of
location tech. Four other Indian cities made it to the list with Pune also
securing a rank in top 10 at 6. Delhi is ranked at 34 with the average time
needed to travel 10 km in the city at 22 minutes and 10 seconds. Mumbai came in
at 47 and the average travel time for 10 km is 21 minutes and 10 seconds – a
minute less than Delhi. The top rank went to London with 36 minutes and 20
seconds – an increase of 1 min 50 seconds as compared to 2021. Dublin came
in third behind Bengaluru while Sapporo in Japan was fourth. Milan, Pune,
Bucharest, Lima, Manila and Bogota came in at 5, 6, 7, 8, 9, and 10
respectively.
4. Neil Mohan appointed as new CEO of
YouTube: Indian-American executive Neil Mohan has been
appointed as the new Chief Executive Officer (CEO) of YouTube. He will
replace Susan Wojcicki, who has announced her decision to step down after nine
years in the position. He is working as YouTube’s Chief Product Officer and
Senior Vice President. She was previously senior vice president for ad products
at Google and became the CEO of YouTube in 2014. Mohan joined Google in 2008
and is the chief product officer at YouTube, where he has been focusing on
building YouTube Shorts and Music.
OTHER UPDATES:
BANKING AND FINANCE
1. RBI appoints V S Khichi as member on
RCap advisory committee: The Reserve
Bank of India has appointed former Bank of Baroda ED, Vikramaditya Singh
Khichi as a member of the Advisory Committee on Reliance Capital. The
move follows the resignation of former Axis Bank Deputy MD Srinivasan
Varadarajan. The Advisory Committee on Reliance Capital was set up
to advise the administrator of crisis-ridden Anil Ambani-promoted Reliance
Capital. Other members: Sanjeev Nautiyal (former DMD, SBI) and
Praveen P Kadle (former MD, Tata Capital).
2. 49th meeting of GST Council held in
New Delhi: The 49th meeting of the GST Council held
in New Delhi. The meeting has chaired by Finance Minister Nirmala
Sitharaman. The meeting discussed setting up appellate tribunals and mechanisms
to prevent tax evasion in the pan masala and gutkha business. The last meeting
of the GST Council was held in December 2022 in which it recommended
decriminalizing three different types of offences, including preventing any
officers in the discharge of his duties and deliberate tampering with material
evidence.
AWARDS AND HONOURS
1. K.K. Shailaja selected for 32nd
Ramashramam Unneerikkutty Award: Former Health
Minister, K.K. Shailaja has been selected for the 32nd
Ramashramam Unneerikkutty Award. Reason: For her services as a minister
during the times of the Nipah outbreak, the COVID-19 pandemic, and her services
to the State. This is an annual award, which is given to individuals who
have made a mark in the fields of art, literature, culture, politics, or
social service. She is the fourth woman to win the award ever since
its inception in 1985.
2. Ramesh Krishnan gets Rotary Club’s
Lifetime Achievement Award: Former India Davis Cup tennis player, Ramesh Krishnan was
presented with the Lifetime Achievement Award at the annual awards,
organized by the Rotary Club of Madras, T. Nagar (RCMT), Chennai. Tamil
Nadu Tennis Association president and ace tennis player Vijay Amritraj
presented the award. Vijay Amritraj was the recipient of the first
award in 2010. Golf player, Uttam Singh Mundy was awarded for vocational
excellence.
OBITUARIES
1. Yakshagana artiste Balipa Narayana Bhagavatha passes away: Noted Yakshagana Bhagavatha (playback singer), Balipa Narayana Bhagavatha passed away at 85. He gained fame with his ‘Balipa style’ of singing. His grandfather Balipa Narayana Bhagavatha was also a famous Bhagawatha who had first popularised the Balipa style of singing. He has written more than 30 Yakshagana ‘Prasanga’ (scripts). He was the chief Bhagwat of Kateel Durgaparameshwari Prasadita Yakshagana Mandali (Kateel Mela).
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