NATIONAL UPDATES:
1.
15th President of India Draupadi Murmu: Daughter of a tribal family coming from a
very ordinary house in Odisha, Draupadi Murmu has been elected as the 15th
President of India. The 2022 Indian Presidential Election was the 16th
presidential election that was held in India on the 18th of July 2022. Murmu
becomes India’s first woman tribal president. She also becomes the second woman
to hold the post after Pratibha Patil. The tenure of incumbent president Ram
Nath Kovind will end on 24 July.
Key points of the presidential
election 2022:
a)
The
counting of votes has started to elect India’s new president. Out of a total of
771 MPs entitled to vote (05 vacant) and a total of 4,025 MLAs entitled to vote
(06 vacant and 02 disqualified), over 99 percent cast their votes.
b)
However,
100% voting by MLAs was reported from Chhattisgarh, Goa, Gujarat, Himachal
Pradesh, Kerala, Karnataka, and Madhya Pradesh, Manipur, Mizoram, Puducherry,
Sikkim, and Tamil Nadu.”
c)
The
counting of votes takes place in room number 63 of the Parliament of India
which is also the strongroom for the boxes that arrived from all state capitals
and Union Territories having a legislature.
Droupadi Murmu:
a)
The
64-year-old Droupadi Murmu was born in Odisha’s Mayurbhanj district to a family
belonging to the Santhal tribe.
b)
Santhals,
also spelled as Santals, are the third largest scheduled tribe community in
India after the Gonds and Bhils. Their population is mostly distributed in
Odisha, Jharkhand, and West Bengal.
c)
Murmu
is the second person belonging to a scheduled tribe, to be nominated as a
candidate for the post of President of India.
d)
She
served as the ninth Governor of Jharkhand from 2015 to 2021.
e)
As
a member of the BJP, she was elected to the state assembly twice – in 2000 and
2009 – from the Rairangpur seat.
2.
Border dispute agreement struck between Arunachal Pradesh and Assam: According to the
chief ministers of both states, Assam and Arunachal Pradesh have taken a step
toward settling their seven-decade-old boundary dispute by signing the Namsai
Declaration. Following their third round of discussions on the matter, the
Arunachal Pradesh chief minister Pema Khandu and his Assam colleague Himanta
Biswa Sarma signed the declaration in Namsai. Key Points:
a)
The
804-km long shared border between the two states. Although there was initially
no conflict, over time, claims that citizens of one state were encroaching on
the territory of the other have resulted in arguments and even violence. Since
1989, a lawsuit about the matter has been pending before the Supreme Court.
b)
There
were 123 border settlements that were in contention earlier. They have now
decided to limit that to 86 villages. Additionally, they have decided to remedy
the problem by September 15 of this year.
c)
The
signing has furthered the closeness and brotherhood between the two
neighbouring northeastern states, according to both CMs, who called it a
milestone and landmark.
d)
28
of the 123 contested villages that are located within Arunachal Pradesh‘s
constitutional border will remain with the state, according to the
announcement. In contrast, three villages will continue to belong to Assam as a
result of Arunachal Pradesh‘s abandonment of its claims. Six more villages
would remain in Arunachal Pradesh because they could not be discovered on the
Assam side.
Note: Chief Minister of Assam: Dr. Himanta
Biswa Sarma
Chief Minister of Arunachal Pradesh: Pema
Khandu
3.
West Bengal Governor La Ganesan assigned additional charge: Following the
resignation of Jagdeep Dhankhar, who has been selected by the National
Democratic Alliance (NDA) as its vice presidential candidate, La. Ganesan took
the oath of office as the new governor of West Bengal. In the presence of the
speaker, Mamata Banerjee, various state ministers, and Chief Justice of the
Calcutta High Court, Prakash Shrivastava, he was sworn into office.
According to a statement from Rashtrapati
Bhavan, President Ram Nath Kovind has accepted West Bengal Governor Jagdeep
Dhankhar’s resignation after the NDA nominated him to run for vice president.
Note: Chief Minister of West Bengal: Mamata
Banerjee
4. Lt
Gen (Retd) Raj Shukla appointed as member of UPSC: Retired Army
officer Raj Shukla has been appointed as a member of the Union Public Service
Commission (UPSC). The UPSC recommends candidates to the government for
appointment to the Indian Administrative Service (IAS), Indian Foreign Service
(IFS), Indian Police Service (IPS) and the Central Services — Group A and Group
B.
Note: UPSC Chairperson: Manoj Soni; UPSC
Founded: 1 October 1926.
5.
Uttarakhand CM Dhami released the book “BEYOND THE MISTY VEIL”: Chief Minister
Pushkar Singh Dhami released the book “BEYOND THE MISTY VEIL”, Temple Tales of
Uttarakhand written by Ms Aradhana Johri (Senior IAS) on the temples of
Uttarakhand. This book will be known as an authentic introduction to the divine
temples of Uttarakhand in the country and abroad. Former IAS officer Aradhana
Johri who had served earlier as the District Magistrate of Nainital.
The essence of the book: The book based on
the mythological temples of Devbhoomi Uttarakhand informs us about our culture
and mythology. Apart from Chardham, religious tourism should also be promoted.
The book talks about the temples of Uttarakhand, their significance and the
tales associated with them. This will connect the main temples coming in
different areas of the state and will promote religious tourism by developing
them in the form of circuits.
INTERNATIONAL UPDATES:
1.
Sri Lanka: Ranil Wickremesinghe elected as 9th President: Veteran Sri
Lankan politician and six-time Prime Minister, Ranil Wickremesinghe has been
elected as the 9th President of the Island nation by the Parliament. He secured
134 votes in the presidential election by the 225-member parliament. The
73-year-old Wickremesinghe will serve the remaining term of former President
Gotabaya Rajapaksa, which ends in 2024.
a)
Wickremesinghe
will replace Gotabaya Rajapaksa who fled the country and resigned after public
anger over the country’s worst economic crisis exploded on the streets 10 days
ago.
b)
Indeed,
the bulk of Wickremesinghe’s support came from the Rajapaksas’ Sri Lanka
Podujana Peramuna (SLPP) party which witnessed a split within its ranks, but
not enough to dent Wickremesinghe’s candidature.
c)
He
defeated Dullas Alahapperuma, a rebel leader of the SLPP who was backed by the
Opposition. Wickremesinghe, who has previously lost two Presidential elections
and even his MP seat, will be the 8th Executive President of Sri Lanka.
Note: Sri Lanka Capitals: Colombo, Sri
Jayawardenepura Kotte; Sri Lanka Currency: Sri Lankan rupee.
2.
Due to an intense heat wave, England under its first-ever red weather warning: As temperatures
have continued to soar, the UK Meteorological (Met) Office issued the
first-ever red extreme heat warning for areas of England, including London.
Temperatures could reach 40 degrees Celsius, and a red warning, the maximum
level used by the Met Office under its alert system, indicates a risk to life
is possible. The unusual warning, which is categorised as a national emergency,
signifies that life is in danger for people of all ages.
Key Points:
a)
An
area from London up to Manchester and then up to the Vale of York is covered by
the alert.
b)
A
very famous threshold, 40 degrees Celsius, indicates that climate change is
already here. Climate change has greatly increased the likelihood of this.
c)
The
Met Office issues a warning that not just individuals who are most susceptible
to severe heat may face “adverse health impacts.”
d)
The
UK’s national weather service also issued a warning that there is a high danger
of equipment and systems that are sensitive to heat failing, which could result
in a localised loss of power and other important services like water or even
mobile phone service.
e)
The
general public has also been forewarned to anticipate vehicle delays as well as
disruptions in rail and air travel.
OTHER UPDATES:
SPORTS
1.
Bangladeshi Cricketer Tamim Iqbal Announces Retirement From T20Is: Bangladesh ODI
captain, Tamim Iqbal has announced his retirement from T20Is and his decision
came shortly after his side defeated West Indies 3-0 in the three-match ODI
series. He played his last T20 International in March 2020. The 33-year-old has
played 78 T20 Internationals, scoring 1758 runs at 24.08. Tamim is one of the
best openers to have come out of Bangladesh, having scored 5082 runs in Tests
and 7943 runs in ODIs.
Tamim is the only Bangladesh batter to
score a century in T20Is. He achieved the remarkable feat against Oman in the
T20 World Cup 2016 in India. He ended his T20I career as the third-highest
run-scorer for his country in the format after current skipper Mahmudullah
Riyad and Test captain Shakib Al Hasan.
2.
Los Angeles to host 2028 Summer Olympic Games: The 2028 Summer Olympic and
Paralympic Games will be hosted in Los Angeles, United States. The opening
ceremony for the 2028 Los Angeles Olympics will take place on July 14, 2028,
and continue till July 30. However, Los Angeles has previously hosted the
Olympics in 1984 and 1932. The LA28 Games will feature more than 3,000 hours of
live sport across 800 events in more than 40 sports. 15,000 athletes are
expected to compete in the Olympic and Paralympic Games in Los Angeles.
Meanwhile, the Paralympic Games will begin
in Los Angeles on August 15, 2028, and end on August 27. This will be the first
time that Los Angeles will be hosting the Paralympic Games. It must be noted
that the 2024 Summer Olympic Games will be held in Paris, France.
3.
Former SC judge Vineet Saran appointed as new BCCI ethics officer: Former Supreme
Court judge, Vineet Saran has taken over as the Board of Control for Cricket in
India (BCCI) ethics officer and ombudsman. He has succeeded Justice (Retd) D.
K. Jain, whose term ended in June last year. Saran, 65, is a former Chief
Justice of Odisha High Court, and also served as a judge in Karnataka and
Allahabad High Court.
Note: BCCI President: Sourav Ganguly; BCCI
secretary: Jay Shah; BCCI Headquarters: Mumbai; BCCI Founded: December 1928.
BANKING AND FINANCE
1.
Launch of WhatsApp banking service by SBI: State Bank of India (SBI) will soon
provide its customers with WhatsApp-based banking. Dinesh Khara, the chairman
of SBI, announced this while announcing a few retail initiatives. In addition,
Khara stated that they would soon introduce API (application programming
interface) banking to corporate clients and aggregators. This system ensures
seamless and secure integration between the customer’s and bank’s systems by
facilitating data transfer between these two systems. With regard to WhatsApp
Banking, as the name suggests, users will be able to do specific banking
transactions through the well-known messaging service.
About WhatsApp Payments: A peer-to-peer
money transfer tool called WhatsApp Payments (marketed as WhatsApp Pay) is
presently only accessible in India. In order to enable users to make in-app
payments and money transfers utilising the Unified Payments Interface, WhatsApp
got authorization from the National Payments Corporation of India (NPCI) in
July 2017. (UPI). Account-to-account transfers are possible with UPI through a
mobile app without knowing the bank information of the recipient. WhatsApp said
on November 6, 2020, that it has been given permission to offer a payment
service, initially limited to a maximum of 20 million users. The service was
then made available.
BUSINESS AND ECONOMY
1.
Instagram’s new payments feature lets users buy products via direct messages: Meta CEO Mark
Zuckerberg announced that the company is launching a new “payments in chat”
feature on Instagram. With this new feature, users can purchase products from
small businesses and track orders via direct messages on Instagram. According
to Meta, every week, one billion people message businesses across Instagram, Facebook
and WhatsApp. To use the new feature, users can start by sending a direct
message to a qualified small business they’re interested in buying from. In
that same chat thread, they’ll then be able to pay, track their order and ask
the business any follow-up questions. Key Points:
a)
According
to reports, the payments in messages feature will be available to qualified
business accounts on Instagram.
b)
The
platform also supports real-time interaction between buyer and seller. Users
will be asked to add and review payment information and shipping address.
c)
Users
would be able to complete purchases using Meta Pay, the company said in a
statement. Meta initially launched the feature as Facebook Pay in 2019.
Note: Instagram launched: 6 October 2010;
Instagram Owner: Meta; Instagram Founder Kevin Systrom. Find More Business News
Here
2.
JSW Steel and BCG collaborate to quicken the decarbonization process: Boston Consulting
Group (BCG) and JSW Steel have worked together on a decarbonization and
sustainability strategy. In order to help JSW Steel on its path to being a
net-zero carbon emitter, BCG will make use of its unique CO2 AI platform as
well as its top-tier digital and analytics skills. During this time, BCG will
also put an emphasis on employee training and improving the sustainable culture
throughout our manufacturing operations. Their sustainability measures will
need to be scaled up as a result of this revolutionary initiative. Key
Points:
a)
BCG
will use JSW’s patented and exclusive CO2 AI solution to manage change
effectively and make an impact. The successful Digital Transformation
partnership led to their second strategic engagement with JSW Steel.
b)
They
are thrilled to contribute in strongest skills and cutting-edge solutions to
JSW Steel’s sustainability mission.
c)
The
approach entails a thorough target-setting exercise at the level of overall
manufacturing, devolving them into shop level targets, and turning emissions
targets into doable tasks on operating metrics.
d)
The
rollout across the manufacturing activities will be coordinated by a group of
sustainability advocates. A roadmap will be created for all medium- to
long-term activities with the goal of introducing new technologies and
initiatives, such as the usage of hydrogen and carbon capture and storage, among
others.
e)
A
complete evaluation of various technology alternatives pertinent to existing
and newly developed capacities and investments necessary to advance
sustainability goals will also be included.
AWARDS AND HONOURS
1.
DBS bank named ‘World’s Best SME Bank’ by Euromoney for second time: Development Bank of
Singapore Limited (DBS Bank) has been recognized as the ‘World’s Best SME Bank’
by Euromoney for the second time (the first time in 2018). The bank has
established its position as a global industry leader in association with Small
to Medium Enterprises (SMEs) to enhance growth and development. DBS’ latest
global best SME bank accolade comes from leading UK-based financial publication
Euromoney, which has honoured DBS with the ‘World’s Best SME Bank’ title for
the second time since 2018.
The DBS bank also clinched three first-time
awards at Euromoney’s Awards for Excellence 2022:
a)
World’s
Best Financial Innovation of the year 2022
b)
Asia’s
Best Bank for Wealth Management 2022
c)
Asia’s
Best Bank for SME award 2022
Note: DBS Bank Headquarters: Singapore; DBS
Bank CEO: Piyush Gupta.
2.
NAARM received Sardar Patel Award of ICAR: The National Academy of
Agricultural Research Management (NAARM) has bagged the Sardar Patel
Outstanding ICAR Institute Award 2021 (in the Large Institute Category) for its
overall performance. Ch Srinivasa Rao, Director of NAARM, received the award
from the Union Minister of Agriculture and Farmers’ Welfare Narendra Singh
Tomar in New Delhi. The awards were given away at a function to mark the 94th
Foundation Day of the ICAR.
About the NAARM: The National Academy of Agricultural Research Management is a national-level Natural Resource Service training institute for ARS cadre located in Hyderabad, Telangana, India. It was established by the Indian Council of Agricultural Research in 1976, to address issues related to agricultural research and education management, in India.