NATIONAL UPDATES:
1. Mahindra Finance appoints Raul
Rebello as MD and CEO: Mahindra
& Mahindra Financial Services Ltd's Board of
Directors appointed Raul Rebello as managing director (MD) and
chief executive officer (CEO) designate. He will replace Ramesh
Iyer, who will be retiring on April 29, 2023. Currently, he
is serving as the chief operating officer (COO) of the company. Before to
joining Mahindra Financial, he worked as the executive vice president and head
of rural lending and financial inclusion at Axis Bank Ltd.
2. Centre clears appointment of five
Supreme Court judges: The President
of India, Droupadi Murmu approved the appointment of five new Supreme
Court judges. The strength of judges in the Supreme Court will
be increased to 32 (sanctioned strength:34). They will take
oath on 6th February by CJI DY Chandrachud.
Five
appointed judges are:
·
Pankaj Mithal (CJ of Rajasthan)
·
Sanjay Karol, (CJ of Patna)
·
PV Sanjay Kumar, (CJ of Manipur)
·
Ahsanuddin Amanullah (judge, Patna
HC)
·
Manoj Misra (judge, Allahabad HC)
3. Amit Shah laid foundation of Nano
Urea Plant in Jharkhand: Union HM, Amit Shah laid the foundation stone of a ₹ 450-crore nano urea plant and township of
the Indian Farmers Fertiliser Cooperative (IFFCO) in Deoghar, Jharkhand. It
will be the fifth nano urea plant in India.
In 2022,
Prime Minister, Narendra Modi inaugurated the world's first nano urea
plant in Gujarat. Nano urea improves crop productivity, soil health, and
the nutritional quality of produce. Aim: To address the imbalanced and
excessive use of conventional urea.
4. Indian Railways introduces Garvi
Gujarat tour: Indian Railways has introduced Bharat Gaurav Deluxe AC
Tourist Train under the ‘Ek Bharat Shrestha Bharat’ Scheme. This “Garvi Gujarat” tour will
depart on 28th February from Delhi Safdarjung Station. Aim: To
showcase the heritage of vibrant Gujarat Major attractions: The
Statue of Unity, Champaner, Somnath, Dwarka, Nageshwar, Beyt Dwarka, Ahmedabad,
Modhera, and Patan IRCTC has also tied up with payment gateways for
providing EMI payment
options to customers
5. PM Modi to dedicate helicopter manufacturing plant of HAL
to nation: Prime Minister Narendra
Modi will dedicate a helicopter manufacturing plant of Hindustan
Aeronautics Limited (HAL) in Tumakuru (Karnataka) to the nation. The 'Greenfield
Helicopter factory' will manufacture the Light Utility Helicopters. It has
Heli-runway, flight hangar, final assembly hangar, structure assembly hangar,
air traffic control, and support services. It complies fully with Industry
4.0 standard tools and techniques for its operations. Area: 615 acres
6. Punjab cabinet approves new Industrial and Electric Vehicle policies: The Punjab Cabinet under the chairmanship
of CM Bhagwant Mann approved new industrial and electric vehicle policies.
Electric
Vehicles:
·
Incentives for those switching over
to electric vehicles under the vehicle scrapping policy.
·
Charging stations will also be
installed.
·
The new industrial
policy pitches Punjab as a favorite investment destination.
·
Introduction of public mining
sites to ensure that sand and gravel are available at reasonable rates to
common people.
7. DA&FW, DIL sign MoU to improve
food security & double farmer’s income: Department of Agriculture and Farmers Welfare (DA&FW) under
the Ministry of Agriculture signed an MoU with the Development Innovation Lab
(DIL) at the University of Chicago. Reason: To explore the opportunities
to harness innovation to improve food security, address climate change, and
allow farmers to increase their incomes It will look into innovation
opportunities related to agriculture and food security in the context of
climate change.
INTERNATIONAL UPDATES:
1. Sri Lanka celebrates 75th
Independence Day: Sri Lanka celebrated its
75 years of Independence from British rule on 4th February 2023. Theme: Namo
Namo Matha - A step towards a century. The main ceremony of the
National Independence Day Celebrations was held at Galle Face Green in
Colombo. A special cultural arts festival Lankaralanka was also
organized at Independence Square in Colombo. Union Minister of State attended
the event for External Affairs, V. Muraleedharan.
President: Ranil Wickremesinghe
OTHER UPDATES:
SPORTS
1. Indian golf player, Aditi Ashok wins
Kenya Ladies Open title 2023: Indian golf
player, Aditi Ashok clinched her fourth Ladies European Tour (LET)
title at the Kenya Ladies Open 2023 golf tournament held at
Vipingo Ridge, Kenya. She last won a Ladies European Tour golf
tournament in 2017. She carded a 12-under to win ahead of Alice
Hewson (England) and April Angurasaranee (Thailand), who finished with
identical final scores of 3-under. Meanwhile, India’s Avani Prashanth
finished tied-ninth and Amandeep Drall came tied-52nd.
2. Anurag Singh Thakur launched mascot,
theme song for 3rd edition of Khelo India Winter Games: Youth
Affairs and Sports Minister Anurag Singh Thakur and
the Lieutenant Governor of Jammu and Kashmir, Manoj Sinha launched
the Mascot, Theme Song, and Jersey for the 3rd edition of Khelo
India Winter Games at Raj Bhawan, Jammu. The third edition of Khelo India
Winter Games is scheduled to be held from February 10 to 14 and is supported by
the Ministry of Youth Affairs and Sports. The Jammu and Kashmir Sports Council
as well as the Winter Games Association of Jammu and Kashmir are organizing it.
About one thousand 500 athletes from all over the country will participate in
these games. The Khelo India Winter Games is a part of the Khelo India
campaign, a vision of Prime Minister Narendra Modi to encourage youth towards
sports and make India an emerging soft sports power on the global stage. The
first edition of the Khelo India Winter Games took place in 2020 and hosts
Jammu and Kashmir have topped both editions of the Games so far.
BANKING AND FINANCE
1. Cooperation Ministry signs MoU to
enable Primary Agricultural Credit Societies: The Ministry of Cooperation has signed
an MoU with the Ministry of Electronics and Information Technology,
NABARD, and CSC e-Governance Services India Limited to enable Primary
Agricultural Credit Societies (PACS) to provide services offered by Common
Service Centers. Union Home Minister and Minister of Cooperation Amit Shah
described this agreement as a win-win situation for all.
He mentioned
that this will not only help fulfill Prime Minister Narendra Modi’s dream of
‘Sahkar Se Samridhi’ but also strengthen both cooperatives and farmers. This
will help in advancing the concept of Common Service Centres to the smallest
unit of the country very easily. This agreement will enhance the business
activities of PACS and help them to become a self-sustaining economic entity.
2. V Ramachandra appointed by RBI as
member of Advisory Committee of SIFL, SEFL: The Reserve
Bank of India has appointed V Ramachandra (former chief general
manager of Canara Bank) as a member of the Advisory Committee of Srei
Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited
(SEFL). Consequent upon the resignation of Farokh N Subedar from the Advisory
Committee with effect from January 31, 2023, it has been decided to appoint V
Ramachandra as a member of the Advisory Committee with immediate effect. After
superseding the boards of SIFL and SEFL in October 2021, the RBI had appointed
a three-member advisory committee to assist the administrator of the two
crisis-ridden firms. The other two members of the committee are — Venkat
Nageshwar Chalasani, former deputy managing director, State Bank of India; and
T T Srinivasaraghavan, former managing director, Sundaram Finance Limited. The
Advisory Committee shall advise the Administrator in the operations of SIFL and
SEFL during the corporate insolvency resolution process.
Science & Technology
1. NASA-ISRO joint satellite 'NISAR' to
be launched in 2024: NISAR, a joint satellite
of NASA and ISRO, is planned to be launched in 2024. NISAR refers to
NASA-ISRO SAR, is a Low Earth Orbit (LEO) observatory. It will also
provide spatially and temporally consistent data for understanding changes in
Earth’s ecosystems, ice mass, vegetation biomass, sea level rise, landslides,
etc.
·
Radar systems in NISAR: L –
Band SAR and S-Band SAR
·
L-Band SAR: Designed and
Created by JPL of NASA
· S-Band SAR: Designed and created by ISRO
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