Daily Current Affairs September 16 2022 | Latest News | Download PDF

By Ameena Ameena - Sep 16 2022

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CURRENT AFFAIRS: IMPORTANT DAYS

16 September – World Ozone Day

  • World Ozone Day is observed on September 16 every year to spread awareness among people about the depletion of the Ozone Layer and find possible solutions to preserve it.
  • On this day, people from all over the world hold talks and seminars on the ozone layer.
  • Educators teach students about the benefits of the Ozone layer and special events and activities are organized to spread awareness.

World Ozone Day 2022 Theme

  • “Montreal Protocol@35: global cooperation protecting life on earth” is the theme of World Ozone Day 2022.

World Ozone Day History

  • It was in 1994 when the UN General Assembly declared 16 September as the International Day for the Preservation of the Ozone Layer OR World Ozone Day.
  • As mentioned earlier, the date commemorates the signing of the ‘Montreal Protocol on Substances that Deplete the Ozone Layer which was signed on 16 September 1987.

CURRENT AFFAIRS: NATIONAL NEWS

India Becomes Power Surplus Nation:

  • As a result of our efforts to upgrade the distribution system and connect the entire nation to a single grid, the country now has a surplus of electricity.
  • These actions have extended electricity availability to 22 hours in rural regions and 23.5 hours in urban areas.
  • The next stage is to transfer it to a 24 x 7 reliable power source at a reasonable cost.
  • Union Minister R K Singh has advised states to be financially sustainable in light of power production firms’ rising outstanding debts.
  • According to him, this would assist attract investments in the power industry while also benefiting customers through lower electricity costs and enhanced consumer services.

The Centre has set up a panel to recommend measures to boost venture capital and private equity investments:

  • The government has set up a panel to recommend measures to boost venture capital (VC)and private equity (PE) investments.
  • Among the primary concerns that the government hopes to address are the tax policies applicable to such investments.
  • PE players have been asking for lower tax rates.
  • The six-member committee will be headed by M Damodaran, former chairman of the Securities and Exchange Board of India (SEBI).
  • In the Budget for 2022-23, finance minister Nirmala Sitharaman said the government planned to set up a working group to suggest ways to boost PE/VC investments.

Union Health Minister Mansukh Mandaviya will launch Raktdaan Amrit Mahotsav:

  • Union Health Minister Mansukh Mandaviya will launch Raktdaan Amrit Mahotsav.
  • This special voluntary blood donation drive will be organized from 17 September to 1 October 2022 across the country.
  • This blood donation drive has been launched as part of the Azadi Ka Amrit Mahotsav.
  • National Voluntary Blood Donation Day is observed on 1st October.
  • Registration for the Raktdaan Amrit Mahotsav has started on the E-Raktkosh portal and Aarogya Setu app.
  • Blood collected from donors is separated usually into red blood cells, platelets, and plasma.
  • People having O- type blood are universal donors while AB+ blood group people are considered universal acceptors.

CURRENT AFFAIRS: INTERNATIONAL NEWS

Mastercard Partners with UNDP on free of charge startup program – Lighthouse MASSIV

  • Mastercard has partnered with the United Nations Development Program (UNDP) on Mastercard’s Lighthouse MASSIV: a free start-up partnership program designed to help 1 billion people lead more prosperous and secure lives by 2025.

Aim :

  • To support impact tech companies on their impact measurement and management and connect them to the broader United Nations network and initiatives
  • Mastercard & UNDP will focus on the sustainability, monetary inclusion, and social effect of targeted firms to achieve 2030 Sustainable Growth Objectives (SDG).

About Mastercard Lighthouse MASSIV:

  • MASSIV – Make and Scale Social Impact Vision.
  • The Mastercard Lighthouse MASSIV program was launched in 2019
  • It has featured scale-ready companies focused on solving some of the most complex global challenges, including climate change, poverty, and social and economic exclusion.
  • It focuses on the Nordic and Baltic regions, and to date, it has helped 27 impact tech companies from Denmark, Norway, Sweden, Finland, and Estonia to scale through partnerships.

First inter-modal digital TIR-based transport from India to Iran flagged off

  • The first intermodal digital Transports Internationaux Routiers or International Road Transports (TIR)-based pilot transport along the International North-South Transport Corridor (INSTC) corridor from India to Iran was flagged off from Nhava Sheva ( (Jawaharlal Nehru Port), Mumbai, Maharashtra.
  • It will facilitate seamless and paperless cross-border transit of goods, under the customs guarantee of the TIR system.

About TIR :

  • It helps in the facilitation of trade and transport, preventing delays in border crossing operations by minimizing the formalities, which decreases transportation costs.
  • According to the Federation of Indian Chambers of Commerce and Industry (FICCI), Globally, such a system has been a successful model for reducing trade transaction costs & facilitating higher growth of intra-regional and inter-regional trade.
  • As per FICCI, This system provides many benefits by simplifying the movement of national and international transport, giving access to over 64 TIR operational countries.

About INSTC :

  • The INSTC is India’s vision and initiative to reduce the time taken for EXIM (Export-Import) shipments to reach Russia and Europe, and enter the Central Asian markets.
  • The Chabahar Port, which has been developed with Indian assistance, is the commercial transit center for the region, especially Central Asia.
  • India is participating in the development of the first phase of the Shahid Beheshti Terminal at Chabahar Port in cooperation with the Iranian government.

About Iran :

  • President: Ebrahim Raisi
  • Capital: Tehran
  • Currency: Iranian rial

CURRENT AFFAIRS: STATE NEWS

TN Government notifies Nanjarayan Tank as 17th bird sanctuary

  • The Government of Tamil Nadu (TN) issued a government order (GO) to establish the 17th bird sanctuary in Tamil Nadu at Nanjarayan tank, in Tirupur district, Tamil Nadu (TN).
  • The announcement was made in the state Assembly by Forest Minister K Ramachandran on April 25, 2022. 

Key Highlights :

  • The bird sanctuary will be established at the cost of Rs 7.5 crore.
  • The 86 hectares of land located near Neruperichal and Sarkar Periyapalayam villages of Tiruppur North & Uthukuli taluks in Tiruppur district, will be the 17th bird sanctuary in TN.
  • Earlier in December 2021, the MK Stalin-led DMK government declared the Kazhuveli wetland located near Villupuram as the ‘Kazhuveli Birds Sanctuary’.

About TN :

  • Governor: R. N. Ravi
  • Chief minister: M. K. Stalin
  • Capital: Chennai

Karnataka Government Signs MoU with Dell Technologies to Impart Cyber Safety Practices

  • Karnataka government’s cyber center of excellence in cyber security ‘CySecK’ and Dell Technologies have signed a memorandum of understanding (MoU) to create enhanced cybersecurity practices in Karnataka, especially among students.
  • The MoU was signed in the presence of Karnataka Higher Education Minister C N Ashwath Narayan and vice-president Manish Gupta, Dell Technologies, along with Ripu Bajwa, director sales and general manager–Data Protection Solutions, Dell Technologies at Vikasa Soudha, Bangalore, Karnataka.

About the MoU :

  • The agreement would facilitate cyber security awareness and practices in student circles, startups, and public offices, and would also benefit both small- and medium-scale enterprises (SMEs).
  • Under the MoU, Dell would provide learning of cyber safety practices through its interactive courses available in Kannada and English.
  • Dell aims to contribute to the startup ecosystem through its ‘Ascend’ initiative which will help in expanding the startup market.

About Karnataka :

  • Governor: Thawarchand Gehlot
  • Chief Minister : Basavaraj Bommai
  • Capital: Bangalore

CURRENT AFFAIRS: BANKING & FINANCE

SBI joins 5-trillion market cap club; stock surges 26% in 3 months

  • Public sector lender and India’s largest Public Sector Bank (PSB) State Bank of India (SBI) has joined the 5.03 trillion market capitalization (market cap) for the first time after its shares touched a record high of Rs 564.45 on the Bombay Stock Exchange (BSE) Index.
  • According to the data from BSE, With a market cap of Rs 5.03 trillion, SBI stood at the 7th position in the overall market cap ranking.

Key Highlights :

  • With this, SBI has become the third lender in the country to cross the market cap of Rs 5 trillion.
  • India’s largest private lender, HDFC Bank, holds 1st rank in this list, with a market cap of Rs 8.38 trillion, followed by ICICI Bank, which has a market cap of Rs 6.33 trillion.
  • In the past 3 months, SBI has outperformed the market by surging 26%, as against a 13.9% rise in the S&P BSE Sensex.
  • During the same period, ICICI Bank has rallied 32%, while HDFC Bank has gained 15%.

About SBI :

  • Founded: 1 July 1955
  • Headquarters: Mumbai, Maharashtra, India
  • Chairman: Dinesh Kumar Khara

ICICI Lombard introduces digital voice agent to track claim status

  • A private non-life insurance company, ICICI Lombard General Insurance Company Limited (ICICI Lombard) launched an Artificial Intelligence (AI) powered digital voice agent in collaboration with ai, an AI-based Software as a Service (SaaS) voice automation platform.
  • The new feature will assist customers with the status of their insurance claims for health and motor insurance policies.
  • The augmented voice intelligence platform is integrated with ICICI Lombard’s customer relationship management (CRM) systems. 
  • It will enhance the speed, accuracy, and ease of conversation.

Note :

  • CEO, and co-founder of Skit.ai: Sourabh Gupta

About ICICI Lombard :

  • Founded: 2001
  • Headquarters: Mumbai, Maharashtra, India
  • MD & CEO: Bhargav Dasgupta

Govt Forms Expert Panel to Identify Measures to Scale VC/PE Investments

  • As per a circular issued by the Ministry of Finance, the government has constituted an expert committee to suggest ways for scaling up venture capital and private equity (VC/PE) investments.
  • The six-member panel will be headed by M Damodaran, the former chairman of the Securities and Exchange Board of India (SEBI).

Other members of the panel :

  • G Mahalingam (former RBI wholetime member)
  • Nagendra Kumar (former member Central Board of Indirect Taxes & Customs (CBIC) DP )
  • Ashish Verma (former chief commissioner of income tax)
  • Poonam Gupta (director general of National Council for Applied Economic Research (NCAER) )
  • Prabhat Ranjan Acharya (director of Arun Jaitely National Institute of Financial Management (AJNIFM))
  • In 2021, Venture capital and private equity invested more than INR 5.5 Lakh Cr facilitating one of the largest startup and growth ecosystems.

About the Panel :

  • The panel will “comprehensively study, using a systems approach, the end-to-end frictions & potential accelerants from regulatory policy and taxation to facilitate ease of investing, as well as to encourage investments in India.
  • It will also review issues and suggest further changes to accelerate the growth of capital inflow from the VCs and PEs.
  • The committee has also been entrusted with the task of recommending measures to further accelerate investments into startups and other sunrise sectors.

It will also suggest “forward-looking measures and future-ready regulatory practices” to the government.

CURRENT AFFAIRS: BUSINESS NEWS

Wholesale Inflation Slowed To 11-Month Low At 12.4% In August:

  • The wholesale price index-based inflation rate fell for the third month in a row in August, to an 11-month low of 12.41 percent, as pricing pressure from manufactured and fuel products reduced despite an uptick in food inflation.
  • In August, core WPI inflation fell to a 17-month low of 7.9 percent.
  • Food inflation accelerated to 12.37 percent in August, according to industry department data, as prices for wheat, vegetables, fruits, and protein-rich goods increased compared to a year before.
  • Inflation has slowed for both fuels (33.67%) and manufactured (7.51%) items.

Exports Dip to A 9-Month Low After Growth Slows:

  • After rising at a strong 22% in the first quarter of the current fiscal year, India’s goods export growth has slowed dramatically in the months thereafter.
  • According to data from the Ministry of Commerce and Industry, export growth fell to 2.1 percent in July before dropping by 1.2 percent in August to a nine-month low of $33 billion.
  • Exports fell for the first time in 18 months in August.
  • In comparison, goods imports have continued to expand rapidly, increasing by roughly 37% in August.
  • While imports of fossil fuels (petroleum and coal) have increased, non-energy imports (such as electronics and machinery) have also increased.
  • Non-oil imports have increased by 32% over the last five months, indicating robust local demand.
  • The goods trade imbalance (April-August) has more than quadrupled over the same period the previous year due to sluggish exports and rapid import growth.

CURRENT AFFAIRS: MOUS AND AGREEMENT

NSDF signed an MoU with NTPC and REC Foundation for the development of sports in the country:

  • National Sports Development Fund (NSDF) of the Department of Sports, Ministry of Youth Affairs and Sports signed a historic Memorandum of Understanding (MoU) with NTPC (National Thermal Power Corporation) Foundation and REC (Rural Electrification Corporation) Foundation for the development of sports in the country.
  • The MoU was signed in the presence of Union Sports Minister Anurag Singh Thakur and Union Minister of Power and New and Renewable Energy RK Singh.
  • The financial support to be given by NTPC is Rs 115 Crores over the next 5 years and they will be supporting Archery discipline in India
  • REC Foundation has also committed an amount of Rs 100 Crores over 3 years to support Women’s Hockey, Athletics, and Boxing.
  • The support towards NSDF has come through its Corporate Social Responsibility (CSR) mandate.
  • The support from NTPC and REC Foundation will cover the following: Grassroots development of the sports, training of identified talent, training of elite talent, coach development, sports science support, advance training, and more.

CURRENT AFFAIRS: RANKING AND INDEX

Global Estimates of Modern Slavery: Forced Labour and Forced Marriage

  • On any given day, there are around 49.6 million individuals who are victims of contemporary slavery.
  • According to the 2021 Global Estimates of Modern Slavery, they are either compelled to labor against their will or are in a marriage that has been forced upon them.
  • Of the 27.6 million people who were living in modern slavery, 22 million were involved in forced marriages.
  • According to the most recent projections, forced marriage and forced labor have considerably grown during the past five years.
  • According to research by the International Labour Organization (ILO), Walk Free, and the International Organization for Migration, there will be 10 million more slaves worldwide in 2021 than there were in 2016.
  • Children and women were particularly at risk.
  • The Arab states had the highest frequency of modern slavery while the Asia-Pacific area had the biggest number of victims.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

Mr. Sanjay Kumar Rakesh appointed as Managing Director of CSC SPV 

  • State-managed CSC SPV (Common Service Centre Special Purpose Vehicle) has appointed former Indian Administrative Officer (IAS) Mr. Sanjay Kumar Rakesh as the Managing Director (MD) of CSC SPV.
  • He Succeeded Dinesh Tyagi who played a key role in the scaling up of CSCs from 60,000 in 2014 to over 5 lakh at present.
  • The decision to this effect was taken at the 52nd Board Meeting of CSC held at the Ministry of Electronics & IT under the chairmanship of Secretary, IT, Mr. Alkesh Kumar Sharma

About Mr. Sanjay Kumar Rakesh :

  • Rakesh is a 1990-batch IAS officer of the Tripura cadre.
  • Before joining CSC, he was the additional chief secretary in Tripura.
  • He has served as joint secretary at the Ministry of Electronics and IT (Meity) where he led several initiatives for ‘Make in India‘ in the electronics sector.
  • He has also served the Ministry of Rural Development, looking after Indira Awas Yojana and Pradhan Mantri Gram Sadak Yojana.
  • He took over as the Chief Executive Officer (CEO) of Common Service Centre Special Purpose Vehicle (CSC SPV) in November 2020 after taking voluntary retirement from IAS.

BharatPe appoints Shri B. P. Kanungo & Shri Kaushik Dutta as new independent directors

  • India’s leading fintech company, BharatPe appointed Shri B. P. Kanungo, Former Deputy Governor of RBI, and Shri Kaushik Dutta, current Chairman and Independent Director at Zomato, as Independent Directors to its
  • The appointments are in line with BharatPe’s aim to build a world-class institution & being the torchbearer of corporate governance in the start-up world.
  • BharatPe’s board will now consist of two executive directors, Shashvat Nakrani (Founder) and Suhail Sameer (CEO). 
  • Others include five non-executive directors Rajnish Kumar (former chairman of State Bank of India) and four investor nominees and two independent directors.
  • Shri Kanungo has been the Deputy Governor of the Reserve Bank of India (RBI) from 2017-2021.

About Bharatpe :

  • Founded: 20 March 2018
  • Headquarters: New Delhi
  • CEO: Suhail Sameer

President Biden appoints Dr. Renee Wegrzyn as Inaugural Director of ARPA-H

  • The United States (US) President Mr. Joe Biden has appointed Renee Wegrzyn as the inaugural director of the Advanced Research Projects Agency for Health (ARPA-H), which is housed within the Department of Health and Human Services (HHS) for 5 years.

Note :

  • Renee Wegrzyn the first Director of the Advanced Research Projects Agency for Health (ARPA-H).

About Dr. Renee Wegrzyn :

  • Renee Wegrzyn is a biologist and former government scientist.
  • From 2016 to 2020, she served as a program manager in the Biological Technologies Office of Defense Advanced Research Projects Agency (DARPA), where she specialized in synthetic biology and biosecurity.
  • In 2018, she became a senior advisor to the Nuclear Threat Initiative.
  • Currently, She is serving as the vice president of business development at Ginkgo Bioworks and Head of Innovation at Concentric by Ginkgo. 

About ARPA-H :

  • Established: March 2022
  • The ARPA-H operates under the National Institutes of Health and supports the development of transformative technologies and approaches to improve public health.

Purpose :

  • To seek innovative solutions to biomedical problems.

UAE healthcare leader Burjeel Holdings appoints Shah Rukh Khan as brand ambassador

  • A leading private healthcare services provider in the MENA region and one of the largest in the UAE, Burjeel Holdings, has partnered with Bollywood actor Shah Rukh Khan as its new Brand Ambassador.
  • The partnership was confirmed during a ceremony held in Abu Dhabi.
  • He will appear in a region-wide, multi-platform advertising campaign for the healthcare Group that will be unveiled in the coming weeks.
  • He was the first Indian celebrity to have received the UAE golden visa.

Additional Info :

  • Burjeel Holdings has signed a Memorandum of Understanding (MoU) with the Kingdom of Saudi Arabia (KSA)’s Ministry of Investment, which will see it seek opportunities to invest up to USD $1 billion in the Kingdom by 2030.

About Burjeel Holdings :

  • Founded: 2007
  • Founder & CEO: Dr. Shamsheer Vayalil

CURRENT AFFAIRS: SPORTS NEWS

The Sinquefield Cup and The Grand Chess Tour are won by Alireza Firouzja:

  • Alireza Firouzja, an Iranian-French grandmaster in chess, defeated Ian Nepomniachtchi in the finals to take home the ninth edition of the Sinquefield Cup.
  • In addition, Firouzja received an additional $100,000 for winning the Grand Chess Tour this year.
  • Maxime Vachier-Lagrave finished third, followed by Wesley So in second.
  • The Sinquefield Cup, the fifth stop of the Grand Chess Tour, took place in Saint Louis, Missouri, in the United States.

Virat Kohli becomes the first cricketer to have 50 million followers on Twitter:

  • Virat Kohli has now become the first cricketer to have 50 million Twitter followers.
  • Virat Kohli, Team India’s great cricketer and former captain, has accomplished another major milestone, this time on social media.
  • Virat Kohli is well-liked across all social media platforms, with 211 million Instagram followers and 49 million Facebook followers.
  • Kohli became the first Indian to reach 200 million Instagram followers in early 2022.
  • Kohli just scored his first international century in 1020 days, smashing a 61-ball 122 not out against Afghanistan in the last Super 4 match in Dubai.

CURRENT AFFAIRS: BOOKS AND AUTHOR

P.C. Balasubramanian authored a new book “Rajini’s Mantras”

  • C. Balasubramanian (PC Bala), an entrepreneur and author, has published a new book in English titled “Rajini’s Mantras: Life Lessons from India’s Most Loved Superstar.”
  • Jaico Publishing House published it (India).
  • Rajini’s Punchtantra and Raja Krishnamoorthy, PC Bala’s first novel, became a national blockbuster.
  • Rajini and Ram N Ramakrishnan’s Grand Brand was released in December 2022.
  • C. Balasubramanian, the bestselling author, extracts the greatest life lessons from Rajinikanth’s memorable speeches, public encounters, and performances dating back to his early days in the cinema business in Rajini’s Mantras.

A new book titled “Will Power” authored by former coach Sjoerd Marijne:

  • Sjoerd Marijne, a former Dutch field hockey player and Indian Women’s Hockey Coach, has written a new book titled “Will Power: The Inside Story of the Incredible Turnaround in Indian Women’s Hockey.”
  • HarperCollins Publishers India will release the book in September 2022.
  • The book focuses on Sjoerd Marijne’s experiences as the Chief Coach of the Indian Women’s Hockey Team in 2017.
  • It also discussed how the Indian Women’s Hockey team overcame failures, mental health difficulties, and internal politics, and preserved team bonding while maintaining a high-performance culture.
  • The book is a remarkable narrative of Sjoerd Marijne’s innings and will motivate readers to strive for excellence in their lives, professions, and teams.

CURRENT AFFAIRS: OBITUARIES

iconic French New Wave film director Jean-Luc Godard passes away

  • The godfather of France’s New Wave cinema, Jean-Luc Godard, passed away at the age of 91 in Rolle, Switzerland.

About Jean-Luc Godard :

  • Jean-Luc Godard born on 3 December 1930 in Paris, France.
  • He was a French-Swiss film director, screenwriter, and film critic.
  • Godard first received global acclaim for his 1960 feature Breathless, helping to establish the New Wave movement.
  • He was a “master” of cinema – “the most iconoclastic of the Nouvelle Vague”
  • His most recent films, “In Praise of Love” (2001) and “Notre musique” (2004), were critically acclaimed at the Cannes Film Festival.

Awards & Honors :

  • Academy Award (2011)
  • Honorary Academy Award (2010)
  • Praemium Imperiale (2002)
  • Honorary César (1987, 1998)
  • Golden Lion (1983)
  • Golden Bear (1965)

Daily CA on September 16:

  • World Ozone Day is observed on September 16 every year to spread awareness among people about the depletion of the Ozone Layer and find possible solutions to preserve it.
  • As a result of our efforts to upgrade the distribution system and connect the entire nation to a single grid, the country now has a surplus of electricity.
  • The government has set up a panel to recommend measures to boost venture capital (VC)and private equity (PE) investments.
  • Union Health Minister Mansukh Mandaviya will launch Raktdaan Amrit Mahotsav.
  • The wholesale price index-based inflation rate fell for the third month in a row in August, to an 11-month low of 41 percent, as pricing pressure from manufactured and fuel products reduced despite an uptick in food inflation.
  • After rising at a strong 22% in the first quarter of the current fiscal year, India’s goods export growth has slowed dramatically in the months thereafter.
  • National Sports Development Fund (NSDF) of the Department of Sports, Ministry of Youth Affairs and Sports signed a historic Memorandum of Understanding (MoU) with NTPC (National Thermal Power Corporation) Foundation and REC (Rural Electrification Corporation) Foundation for the development of sports in the country.
  • On any given day, there are around 49.6 million individuals who are victims of contemporary slavery.
  • Alireza Firouzja, an Iranian-French grandmaster in chess, defeated Ian Nepomniachtchi in the finals to take home the ninth edition of the Sinquefield Cup.
  • Virat Kohli has now become the first cricketer to have 50 million Twitter followers.
  • C. Balasubramanian (PC Bala), an entrepreneur and author, has published a new book in English titled “Rajini’s Mantras: Life Lessons from India’s Most Loved Superstar.”
  • Sjoerd Marijne, a former Dutch field hockey player and Indian Women’s Hockey Coach, has written a new book titled “Will Power: The Inside Story of the Incredible Turnaround in Indian Women’s Hockey.”
  • Mastercard has partnered with the United Nations Development Program (UNDP) on Mastercard’s Lighthouse MASSIV: a free start-up partnership program designed to help 1 billion people lead more prosperous and secure lives by 2025.
  • The first intermodal digital Transports Internationaux Routiers or International Road Transports (TIR)-based pilot transport along the International North-South Transport Corridor (INSTC) corridor from India to Iran was flagged off from Nhava Sheva ( (Jawaharlal Nehru Port), Mumbai, Maharashtra.
  • The Government of Tamil Nadu (TN) issued a government order (GO) to establish the 17th bird sanctuary in Tamil Nadu at Nanjarayan tank, in Tirupur district, Tamil Nadu (TN).
  • Karnataka government’s cyber center of excellence in cyber security ‘CySecK’ and Dell Technologies have signed a memorandum of understanding (MoU) to create enhanced cybersecurity practices in Karnataka, especially among students.
  • Public sector lender and India’s largest Public Sector Bank (PSB) State Bank of India (SBI) has joined the 03 trillion market capitalization (market cap) for the first time after its shares touched a record high of Rs 564.45 on the Bombay Stock Exchange (BSE) Index.
  • A private non-life insurance company, ICICI Lombard General Insurance Company Limited (ICICI Lombard) launched an Artificial Intelligence (AI) powered digital voice agent in collaboration with ai, an AI-based Software as a Service (SaaS) voice automation platform.
  • As per the circular issued by the Ministry of Finance, the government has constituted an expert committee to suggest ways for scaling up venture capital and private equity (VC/PE) investments.
  • State-managed CSC SPV (Common Service Centre Special Purpose Vehicle) has appointed former Indian Administrative Officer (IAS) Mr. Sanjay Kumar Rakesh as the Managing Director (MD) of CSC SPV.
  • India’s leading fintech company, BharatPe appointed Shri B. P. Kanungo, Former Deputy Governor of RBI, and Shri Kaushik Dutta, current Chairman and Independent Director at Zomato, as Independent Directors to its
  • The United States (US) President Mr. Joe Biden has appointed Renee Wegrzyn as the inaugural director of the Advanced Research Projects Agency for Health (ARPA-H), which is housed within the Department of Health and Human Services (HHS) for 5 years.
  • A leading private healthcare services provider in the MENA region and one of the largest in the UAE, Burjeel Holdings, has partnered with Bollywood actor Shah Rukh Khan as its new Brand Ambassador.
  • The godfather of France’s New Wave cinema, Jean-Luc Godard, passed away at the age of 91 in Rolle, Switzerland.

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