Daily Current Affairs July 26 2022 | Latest News | Download PDF

This post is also available in: हिन्दी (Hindi)

Dear Readers, get to know the daily current affairs today covering all the National & International Events provided here in this article. Current Affairs is an important topic in various competitive exams like IBPS/SBI/PO/Clerk and other competitive exams. To score better in this section, be updated with the daily happenings. Check the Daily Current Affairs July 2022 updates here. Revision is very important in remembering current affairs. Candidates after learning the Daily current affairs July 26 2022, can test their knowledge by attempting Current Affairs Quiz provided with answers. Daily current affairs July 26 2022 covers current affairs from International & National news, Important Days, State News, Banking & Economy, Business News, Appointments & Resignation, Awards & Honour, Books & Authors, Sports News, etc.,

Candidates can also download the Daily current affairs July 26 2022 in PDF format. The Current Affairs section plays a major role in determining your success in the examination. This section needs knowledge of the questions asked. So, Practice Daily current affairs today provided here on a daily basis. In the general awareness section, current affairs and static GK questions will be asked. Check out the daily current affairs July 2022 provided here with answers and explanations. Candidates should analyse the explanations provided along with answers. It helps them remember the news easily. Read the Daily current affairs July 26 2022 provided here topic-wise covering all the important news updates. Here we have analysed and classified the topics in Daily current affairs.

Comprehensive topics for Daily current affairs today are provided here. Candidates should make sure to learn all the topics provided here in Daily current affairs today consistently. Check your knowledge by attempting the daily and monthly current affairs quizzes. The key to remembering things easily is revising it regularly. We provide daily current affairs July 2022 covering all the days in this month. Learn the Daily current affairs July 26 2022 provided here. Candidates can also download the PDF and revise it frequently. Attempt and analyse the mocks regularly to score better in this section. We provide static GK pdfs on a monthly basis covering all the important static takeaways of that month. Cover the entire daily current affairs July 2022 and attempt monthly quizzes. We provide Daily current affairs July 26 2022 in English and Hindi. Candidates can prepare Daily current affairs July 265 2022 covering all the important topics. Ace the GA section, by revising Daily current affairs today adequately.

Daily Current Affairs PDF of 26th July 2022

Get More: Static GK Pdfs

CURRENT AFFAIRS: IMPORTANT DAYS

Kargil Vijay Diwas- 26th July

• Since 1999, India has observed Kargil Vijay Diwas on July 26 to commemorate its victory over Pakistan in the Kargil conflict.
• The nation is commemorating the 2 years since the end of the Kargil conflict this year.
• In 1999, a high-altitude mountain conflict broke out along the Line of Control, the de facto boundary that separates Kashmir between the two countries, on the peaks of Kargil.

About the war:

• The war took place between May and July of 1999 in Jammu and Kashmir’s Kargil district.
• The conflict is believed to have been orchestrated by the then Pakistan army chief General Pervez Musharraf without the knowledge of the then Pakistan Prime Minister Nawaz Sharif.
• It began with the infiltration of both regular Pakistani troops and terrorists into Indian territory.
• The infiltrators positioned themselves in key locations that gave them a strategic advantage during the start of the conflict. Based on information from local shepherds, the Indian Army was able to ascertain the points of incursion and launch “Operation Vijay”.

Kargil Vijay Diwas

• The Army declared the mission successful on July 26, 1999; since then the day has been celebrated annually as Kargil Vijay Diwas.

The cost of war

• The victory came at a high price.
• The official death toll on the Indian side was 527, while that on the Pakistani side was between 357 and 453.

CURRENT AFFAIRS: NATIONAL NEWS

PM Shri Narendra Modi unveils India’s first Passenger Drone “Varuna”:

• India’s first passenger drone, Varuna, was launched by Prime Minister Shri Narendra Modi.
• PM Modi may be seen observing the drone’s display.
• According to Prime Minister Shri Narendra Modi, the present administration has used technology, including drones, to guarantee last-mile service delivery.
• At the Ambedkar International Centre in New Delhi, the Naval Innovation and Indigenisation Organisation (NIIO) seminar titled “Swavlamban” was addressed by the prime minister.

About the ‘Varuna’ drone:

• This was shown in his presence by Sagar Defence Engineering, the company that created the indigenous “Varuna” drone without a pilot.
• A firm created and built the “Varuna” drone, which has room inside for one passenger.
• Varuna, the first drone in India that can transport people, has a 25-kilometer range.
• The drone has 25–33 minutes of flying and a payload capacity of 130 kg.

CURRENT AFFAIRS: STATE NEWS

Madhya Pradesh Burhanpur Becomes India’s 1st Certified ‘Har Ghar Jal’ District

• The Ministry of Jal Shakti announced that Madhya Pradesh’s Burhanpur popularly known as the ‘Darwaza of Dakhin’ or Gateway of Deccan, became the first Certified ‘Har Ghar Jal’ (water connection to every house) district in
• Only 37,241 rural households (36.54 percent) out of a total of 1,01, 905 households in Burhanpur had potable drinking water through tap connections at the time of the launch of Jal Jeevan Mission on 15th August 2019.
• In Madhya Pradesh, 71 percent of the households have been provided with a tap water supply as of July 22, 2022.
• However, as of July 22, all the houses in the district 1,01,905 have access to tap water in 254 villages, including in 43,701 tribal households.

About VWSC :

• The government has formed a Village Water and Sanitation Committee (VWSC) in all the 254 villages.
• The committee is responsible for the operation, maintenance, and repair of water supply infrastructure developed under the Har Ghar Jal program.
• It is this sub-committee that has the responsibility to collect user charges which will be deposited in the bank account and shall be used to pay the salary of the pump operator and carry out minor repair work from time to time.

Coverage :

• So far, three States Goa, Telangana, and Haryana, and three UTs Andaman and the Nicobar Islands, Dadar and Nagar Haveli & Daman and Diu, and Puducherry have provided 100% tap water coverage.
• According to the Jal Jeevan Mission dashboard, the states of Goa, Telangana, Andaman & Nicobar  Islands, Puducherry, Dadra & Nagar Haveli, and Daman & Diu, Haryana have already achieved their targets of providing tap water connections to all of their citizens.
• Punjab, Gujarat, Himachal Pradesh, and Bihar have attained over 90 percent coverage.
• The states of Manipur, Maharashtra, Sikkim, Arunachal Pradesh, Mizoram, Uttarakhand, Andhra Pradesh, Jammu, and Kashmir, Tripura, Karnataka, and Tamil Nadu have reached a coverage mark of between 50-72%.

About Jal Jeevan Mission :

• Jal Jeevan Mission was launched on August 15, 2019, under the Ministry of Jal Shakti.
• It is envisioned to provide safe and adequate drinking water through individual household tap connections by 2024 to all households in rural India.
• Goa became the first state to reach the target.

About Ministry of Jal Shakti :

• Cabinet Minister : Gajendra Singh Shekhawat
• Minister of State : Prahlad Singh Patel, Bishweswar Tudu

About Madhya Pradesh :

• Governor: Mangubhai C. Patel
• Chief Minister: Shivraj Singh Chouhan
• Capital: Bhopal

India’s first-of-its-kind brain health clinic was inaugurated in Bangalore, Karnataka

• On World Brain Day-2022 (22 July) Karnataka Health Minister Dr. K Sudhakar inaugurated the Brain Health Clinic (BBC) in a first-of-its-kind initiative in India, at Jayanagar General Hospital, Bengaluru, Karnataka.
• It was launched under the Karnataka Brain Health Initiative (KaBHI) in association with the National Institute of Mental Health and Neurosciences (NIMHANS).
• The event was organized by the NIMHANS and stated that treatment for mental health will be available at the 243 Namma Clinics will be started in Bengaluru.
• Cricketer and Karnataka Brain Health Initiative (Ka-Bhi) ambassador Robin Uthappa, who took part in the event, launched the cricket match titled ‘A morning cricket session ‘Reflections with Robin’.
• He also stated that the Union government was on its way to announcing a new Tele-Manas initiative which is based on E-Manas, a platform pioneered by Karnataka. E-Manas is an online platform where patients, mental health professionals, and mental health establishments could register which will greatly increase access to mental health.

About Brain Health Clinic :

• The Brain Health Clinic will serve as a nodal center to diagnose, treat, refer and follow up patients with common neurological disorders and ensure that they receive multidisciplinary care, including counseling, physiotherapy, rehabilitation, and disability benefits.
• Two more Brain Health Clinics will be inaugurated soon in the Kolar and Chikkaballapura districts of Karnataka.

About KaBHI :

• The initiative was launched in January 2022 by Chief Minister Shri Basavaraj Bommai on a pilot basis.
• KaBHI is the first of its kind initiative in India to promote brain health in the community from PHCs to secondary level district hospitals and NIMHANS at the tertiary level
• The main focus of the KaBHI initiative is to train PHC doctors to diagnose and provide primary care for brain and mental health issues including stroke, epilepsy, Parkinson’s, brain tumor, and dementia

CURRENT AFFAIRS: BANKING & FINANCE

FICCI lowers India’s GDP growth forecast to 7% in FY23

• The latest economic outlook survey conducted by the industry body Federation of Indian Chambers of Commerce & Industry (FICCI) has downgraded  India’s 2022-23 Gross Domestic Product (GDP) growth forecast to 7% from 7.4% estimated in its previous survey round in April 2022.
• The reason for the slower growth projection is the Ukraine-Russia war which is likely to keep inflation high & reduce consumer demand.
• As per the survey, the median growth forecast for agriculture and allied activities has been put at 3% for FY23, while industry and services sectors are anticipated to grow by 6.2% and 7.8% respectively
• The FICCI survey projects the RBI’s policy repo rate at 5.65% by the end of the fiscal year 2022-23, with a minimum and maximum range of 5.50% and 6.25%, respectively.

About FICCI :

• Founded: 1927
• Headquarters: New Delhi, Delhi, India
• President: Mr. Sanjiv Mehta
• Director General: Arun Chawla

World Bank approves $1 billion loan for PM Ayushman Bharat health infrastructure mission

• The World Bank has approved a loan of USD 1 billion to provide support to India’s flagship PM Ayushman Bharat Health Infrastructure Mission(PM-ABHIM).
• The loan comprises two complementary loans of USD 500 million each namely for “Transforming India’s Public Health Systems for Pandemic Preparedness Program (PHSPP)” and “India’s Enhanced Health Service Delivery Program (EHSDP).

About PM-ABHIM :

• Prime Minister Shri Narendra Modi launched the PM-ABHIM in October 2021 from Varanasi in Uttar Pradesh.
• It is one of the largest pan-India schemes for strengthening healthcare infrastructure across the country and is in addition to the  National Health Protection Mission (Ayushman Bharat Yojana).
• Total outlay of the scheme: 64,180 crore for 5 years

Aim :

• To address gaps in public health infrastructure, with a focus on critical care facilities and primary care in both urban and rural areas
• Under the scheme, 17,788 rural health and wellness centers in 10 high-focus states will get the support of the scheme.

About PHSPP :

• The PHSPP aims to increase the resilience and preparedness of India’s health system for a pandemic and to support activities including strengthening existing health units at points of entry and establishing new health units at PoEs.
• It also aimed for setting up BSL-3 labs, Regional Research Platforms, and zonal institutes for the National Institutes of Virology, establishment of Health Emergency Operation Centre and metropolitan health surveillance units, and strengthen surveillance systems among others.

About EHSDP :

• The EHSDP aims to support comprehensive primary health care service delivery in some prioritized states.
• It will support such activities including strengthening service delivery through a redesigned comprehensive primary health care model i.e. Ayushman Bharat Health and Wellness Centers (AB-HWCs) for improved household access to primary healthcare facilities.
• It will also help in improving comprehensive quality of care by supporting the quality assurance standards certification across Health and Wellness Centers (HWCs), strengthening the health workforce, and Block level public health units (BPHUs).

About World Bank :

• Established: December 1945
• Headquarters: Washington, D.C, United States of America
• President: David Robert Malpass
• Membership: 189 countries (IBRD), 174 countries (IDA)
• The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group.

RBI report – India moves to a leadership position in the large-value digital payment system

• According to the report titled Benchmarking India’s Payment Systems released by the Reserve Bank of India (RBI), India has made significant progress and moved to a leadership position in large-value digital payment systems.

Objective :

• To provide a comparative position of the payments ecosystem in India relative to other major countries.
• India was categorized as a ‘leader’ or ‘strong’ in respect of 25 (21 in the previous exercise) out of 40 indicators and categorized as ‘weak’ in respect of 8 (12 in the previous exercise) indicators.
• The benchmarking exercise was first carried out in 2019 for the position in 2017.

About the report :

• India has made significant progress and moved to a leadership position in large value payment systems and fast payment systems, which contributed to rapid growth in digital payments
• The exercise highlights that there is scope for improvement in the acceptance infrastructure of ATMs and PoS terminals.
• The Payments Infrastructure Development Fund (PIDF) scheme was operationalized in 2021 to enhance the acceptance infrastructure and bridge the gap.
• Also, the decline in India’s rating in some parameters involving currency in circulation is explained by the increased demand for cash as a store of value during the Covid-19 pandemic-related lockdown and the slowdown in economic growth during 2020
• The report noted that India’s domestic card network RuPay dominates the debit card segment as far as card issuance is concerned.
• However, RuPay is lagging in the credit card segment with a below 3 percent share of total cards issued.
• India has the third largest number of ATMs deployed, it continues to fare poorly in people served per ATM due to its sizable population.
• In 2020, the share of card payments in total payment systems transactions was the second lowest in India (14.7 percent), with only Indonesia witnessing a lower share (7.2 percent).
• The report also stressed that the internationalization of the Indian rupee will facilitate a greater degree of integration of the Indian economy with the rest of the world, in terms of foreign trade and international capital flows.

About RBI :

• Established: 1 April 1935
• Headquarters: Mumbai, Maharashtra, India
• Governor : Shaktikanta Das
• Deputy Governors:  Mahesh Kumar Jain, Rajeshwar Rao, Michael Patra, and T. Rabi Shankar

RBI’s New guidelines for Non-Bank payment system operators

• The Reserve Bank of India (RBI) issued new guidelines for non-bank payment system operators (PSOs) under Section 10 (2) & Section 18 of “The payment and Settlement Systems Act of 2007”.

Key Highlights :

• Non-bank payment system operators (PSOs) will require prior approval from the RBI for any takeover or acquisition of control which may or may not result in a change of management.
• They would also require prior approval of the RBI for the sale or transfer of payment activity to an entity not authorized for undertaking such an activity
• The non-bank PSOs shall inform the RBI within 15 calendar days in the following cases:
• Change in management or directors
• Sale or transfer of payment activity to an entity authorized for undertaking similar activity

For acquisition or takeover :

• The transferor non-bank PSO would submit an application to the RBI with information about the proposed directors and complete details about the new shareholders.

In case of sale or transfer of payment activity :

• The seller or transferor non-bank PSO shall apply to the RBI for obtaining prior approval along with the minimum appropriate details.
• RBI shall endeavor to respond within 45 calendar days after receipt of complete details from both entities.
• The timeline is not applicable in the case of overseas principals in the Money Transfer Service Scheme.
• Further, after obtaining RBI approval, a public notice of at least 15 calendar days shall be given before affecting the changes.

Canara Bank Launches New Mobile Banking App – Canara ai1

• Canara Bank has launched its mobile banking app called Canara ai1.
• The banking app would be a one-stop solution with more than 250 features to cater to the banking needs of its customers.

Aim :

• To eliminate the need to have multiple mobile apps working in silos for availing different specific services.
• After launching the app, Canara Bank MD & CEO L V Prabhakar stated that the lender’s core vision is “e-transactions for everyone, everywhere and every time” and the bank is leveraging technology to enable the customers to use banking services at their fingertips.

About Canara ai1 :

• The app is available in 11 languages to cater to multiple sections of society in their preferred language.
• It also caters to various social security schemes such as PPF accounts, Sukanya Samruddhi Accounts, Senior Citizens Savings accounts, and Kisan Vikas Patra, PMJJBY, PMSBY & APY along with nominee management.
• The super app enables the customer to use traditional and modern banking and financial services through the digital mode and there are features for all age groups.
• It provides solutions to all banking and lifestyle needs such as comparison and shop, utility bill payments, flight/ hotel/ cab booking, payments, loan repayment, and investment services like a mutual fund, insurance, and Demat services, among other services.

Features of the app :

• Device binding
• Malware detection
• Detection of remote administration tools
• Dynamic keyboard to provide Safe and secure banking.
• Channels management like block/ unblock internet banking/ UPI/ debit and credit cards with setting transaction limits are also available.

About Canara Bank :

• Founded: 1 July 1906
• Headquarters: Bangalore, Karnataka, India
• MD & CEO : Lingam Venkat Prabhakar
• Canara Bank is the third largest nationalized bank in India.

CURRENT AFFAIRS: BUSINESS NEWS

India’s economy is likely to reach $300 billion by 2030:

• India’s economy is expected to grow to $150 billion and $300 billion, respectively, by 2025 and 2030.
• The India BioEconomy Report 2022, published by the Biotechnology Industry Research Assistance Council (BIRAC) is based on data describing the economic impact of the biotech sector.
• The report estimates that the country’s bioeconomy would surpass USD 80 billion in 2021, an increase of 14.1% over USD 70.2 billion in 2020.
• It predicted that India’s bioeconomy will grow by USD 80.12 billion in 2021, generating USD 219 million per day.
• The agriculture industry, which employs about 60% of Indians, has enormous space for development.
• In 2021, BT cotton, biopesticides, biostimulants, and biofertilizers contributed over USD 10.48 billion to the country’s bioeconomy.

Key Points:

• The sector invested more than $1 billion in R&D in 2021, and on average, three new biotech companies are launched every day (for a total of 1,128 biotech startups).
• “A doubling within a year from USD 320 million to USD 1.02 billion,” the statement read.
• In 2021, India distributed 1.45 billion doses of the Covid-19 vaccine, or almost 4 million doses every day.
• Additionally, the nation conducted 1.3 million Covid-19 tests per day (a total of 506.7 million tests).
• The country’s biotech startup count has expanded from 50 to over 5,300 over the previous 10 years, according to Jitendra Singh, the minister of state for science and technology, who also noted that Prime Minister Narendra Modi has given the industry priority.
• He predicted that a large talent pool will lead to a two-fold rise in the number of biotech businesses by the year 2025.
• The amount of ethanol that can be produced will increase to 6.5 billion liters in 2021 from the existing capacity of 3.3 billion liters.
• According to the document, India’s continuous expansion would lower its import costs, which would have an impact on currency reserves and the import-export imbalance, helping the country reach its goal of having a USD 10 trillion global economies by 2030.

Forex reserves decreased by USD 7.5 billion to USD 572.7 billion:

• According to the most current statistics from the Reserve Bank of India (RBI), India’s foreign exchange reserves fell by $7.5 billion to $572.7 billion during the final week of July 15.
• Since November 6, 2020, when they were $568 billion, the reserves have fallen to their lowest point in 20 months.
• According to the report, the major reason for the decline in foreign exchange reserves was a $6.5 billion decline in foreign currency assets during the week.

About Forex Reserve:

• As a result of the central bank’s aggressive intervention to lessen the market’s high volatility in 2022, reserves fell by about $60 billion.
• The rupee has been under pressure ever since the war in Europe erupted in late February. In 2022, the Indian rupee’s value against the dollar had decreased by around 7%.
• Since September 2021, the quantity of foreign exchange reserves has declined by about $70 billion.

Key Points:

• The current level of foreign exchange reserves is sufficient, according to Shaktikanta Das, governor of the RBI.
• The foreign exchange reserves at $580.3 billion on July 8, 2022, were enough, according to the July RBI report, to fund 9.5 months’ worth of estimated imports for the years 2022–2033.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

TATA Projects appoints Mr Vinayak Pai as Managing Director

• One of India’s fastest-growing and most admired infrastructure companies, TATA Projects Limited, has appointed Vinayak Pai as its Managing Director (MD).
• Pai has taken over the reins from Mr. Vinayak Deshpande who will retire after being at the helm of affairs for over 11 years.

About Mr. Vinayak Pai :

• Vinayak Pai holds a Bachelor’s Degree in Engineering from the College of Engineering, Pune.
• Further, he completed his master’ in Management Studies from Symbiosis, Pune, and an Executive MBA in Business Administration and Management from IIT Bombay Shailesh J. Mehta School of Management.
• Pai was the group president at Worley, based out of Hague, Netherlands, and was responsible for their businesses in the EMEA and APAC regions.
• He has over three decades of experience with leading engineering & EPC companies where he held key positions across various teams working towards engineering design, technology licensing, project management, business development, and operations.
• He has been associated as a plenary speaker/panel on various forums like the Society of Petroleum Engineers, Chemtech, etc.
• He has been a member of the Executive Leader World 50 and served as a Commissioner at the Energy Transition Commission UK.

About Tata Projects :

• Headquarters: Mumbai, Maharashtra
• It has expertise in executing large and complex urban and industrial infrastructure projects.
• It offers complete services in some industries, including industrial, power, water, metals & minerals, space & nuclear, transportation, and urban infrastructure.

Vodafone Idea appoints Mr. Akshaya Moondra as Chief Executive Officer

• Telecom firm Vodafone Idea has appointed Akshaya Moondra as the next Chief Executive Officer (CEO) of the company for three years, with effect from August 19, 2022.
• He will replace Ravinder Takkar, whose tenure as MD & CEO of the Vodafone Idea will end on August 18, 2022.
• Ravinder Takkar will continue to be on the board as a non-executive and non-independent director post completion of his tenure.
• Currently, Mr. Akshaya Moondra is the chief financial officer (CFO) at Vodafone Idea.

About Mr Ravinder Takkar :

• Takkar is an experienced global executive with nearly three decades in the Vodafone Group and will continue to serve with Vodafone Group.
• He was appointed MD and CEO of Vodafone Idea on August 19, 2019, for a term of three years which was scheduled to end on August 18, 2022.
• He has been serving as MD & CEO of Vodafone Idea without any remuneration.

About Vodafone Idea :

• Founded: 31 August 2018
• Headquarters: Mumbai, Maharashtra

YES Bank appoints Mr. RS Gandhi as an additional independent director

• Private sector lender YES Bank has appointed Rama Subramaniam Gandhi as an additional independent director of the bank for five years.

About Mr. RS Gandhi :

• R. Gandhi was born in 1956 in Devanallur, Tirunelveli, Tamil Nadu.
• He was a Deputy Governor of the Reserve Bank of India for three years from 2014 to 2017.
• He had been a seasoned and accomplished central banker for 37 years.
• He had a three-year secondment to the Securities and Exchange Board of India (SEBI), the capital market regulator.
• He held the charge of Director of the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad.
• He was one of the initial members of the Monetary Policy Committee (MPC).
• He was a member of the Basle Committee on Banking Supervision (BCBS) and the Committee on Global Financial Systems (CGFS), Basle.
• He is an independent director on the boards of several financial sector entities.
• Currently, he is a financial sector policy expert and adviser in that he advises banks, finance companies, fintech entities, payment system entities, investors, and funds on subjects ranging from financial regulations to and Indian economy.

About YES Bank :

• Founded: 2004
• Headquarters: Mumbai, Maharashtra, India
• MD & CEO: Prashant Kumar
• Tagline: Experience Our Expertise

CURRENT AFFAIRS: AWARDS AND HONOURS

Kamal Haasan honored by the UAE obtains a Golden Visa:

• The United Arab Emirates has awarded the coveted Golden Visa to Kamal Haasan, a well-known name in Tamil film.
• Other people besides actor Kamal Hasan have received the Golden Visa.
• Before Kamal Hasan, actors Nasser, Mammootty, Mohanlal, Tovino Thomas, Parthiepan, Amala Paul, and Shah Rukh Khan all won the award.

Key Points:

• The last time Kamal Haasan was seen, he was in the blockbuster hit Vikram.
• Vikram, directed by Lokesh Kanagaraj, stars Kamal Haasan, Vijay Sethupathi, and Fahadh Faasil among its major actors.
• Kalidas Jayaram, Narain, Gayathrie, Vasanthi, and Santhana Bharathi were among the supporting actors.
• The film was made by Raaj Kamal Films International, and it was shown in Tamil Nadu by Udhayanidhi Stalin’s Red Giant Movies.

About UAE Golden Visa:

• The UAE Golden Visa program offers extended residency visas that are valid for five to 10 years.
• The visa is continuously renewed.
• It is offered to professionals, investors, and people with prospective capabilities in addition to exceptional achievers across a range of industries.
• For individuals who are already UAE citizens, the price of the Golden Visa ranges from AED 2,800 to AED 3,800.
• For applicants outside of the UAE, the cost of the Golden Visa ranges from AED 3,800 to AED 4,800.
• The price will change depending on the service and visa status.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY:

DCGI approves India’s 1st indigenously developed mRNA vaccine against Covid

• The apex drug regulator Drugs Controller General of India (DCGI) approved India’s first indigenously developed mRNA vaccine against COVID-19.
• The vaccine is manufactured by Gennova Biopharmaceuticals, based in Pune, and designed for restricted emergency use for those aged 18 years and above.
• Gennova developed the mRNA vaccine with the support of the Department of Biotechnology (DBT) under the Ministry of Science and Technology and its PSU, Biotechnology Industry Research Assistance Council (BIRAC).
• The Subject Expert Committee (SEC) has recommended Emergency Use Authorisation (EUA) for India’s first mRNA vaccine meeting.
• While other mRNA vaccines require to be stored at sub-zero temperatures, Gennova’s mRNA vaccine can be stored at 2-8 degrees.
• The DCGI’s nod came after the subject expert committee on COVID-19 of the Central Drugs Standard Control Organisation (CSDCO) recommended granting emergency use authorization to Covovax for the age group of 7 to 11 years and Gennova’s two-dose m-RNA vaccine for 18 years and above.

About DCGI :

• Headquarters: New Delhi, Delhi, India
• The DCGI is the head of the department of the Central Drugs Standard Control Organization of the GoI.
• It comes under the Ministry of Health & Family Welfare.

Purpose : 

• It is responsible for the approval of licenses of specified categories of drugs such as blood and blood products, IV fluids, vaccines, and sera in India.

CURRENT AFFAIRS: SPORTS NEWS

Sports Authority starts the “Create for India” campaign to cheer for Team India:

• A 215-member Indian athlete contingent across 16 disciplines is all set to participate in the Commonwealth Games beginning on July 28 in Birmingham.
• Sports Authority of India has started a new initiative to cheer for Team India with the campaign “Create for India.”
• Participants can submit their creative entries by July 26th, 2022, using the hashtags #create4India and #cheer4India.

Neeraj Chopra, the first Indian to win a Silver medal at World Athletics Championships:

• Tokyo Olympic gold medallist Neeraj Chopra created history by winning a Silver medal in the men’s javelin throw event at World Athletics Championships.
• In the prestigious competition held at Eugene in Oregon, United States, the champ grabbed the second position with his best throw of 88.13 meters.
• Grenadian javelin thrower Anderson Peters won the gold medal with a throw of 54 meters.
• Neeraj Chopra is the first ever Indian to win a silver medal at World Athletics Championships.
• He is the second Indian after former long jumper Anju Bobby George, who won a bronze medal in the long jump in 2003 in Paris.

First Khelo India Fencing Women’s League has begun:

• The Talkatora Indoor Stadium in New Delhi will serve as the host venue for the first Khelo India Fencing Women’s League, which will get off on July 25, 2022.
• According to the Ministry of Youth Affairs and Sports, the nation’s first-ever women’s national fencing tournament will last until the 29^th of July.
• Three steps will be taken in each.

Key Points:

• A total of Rs. 1 crore 54 lakh has been approved by the Sports Authority of India for the league’s activities.
• Each phase’s reward money totals more than 17 lakh rupees.
• Over 300 ladies from over 21 States have signed up to compete in the competition.
• Bhavani Devi, a competitor from the Target Olympic Podium Scheme and the Tokyo Olympics, will take part in the league’s Senior category Sabre competition.
• She is representing the State of Tamil Nadu by performing.

About Bhavani Devi:

• Sundhararaman Chadalavada Bhavani Devi, an Indian sabre fencer, goes by the name of Bhavani.
• She became the first-ever Indian fencer to qualify for the 2020 Summer Olympics.
• The Rahul Dravid Athlete Mentorship Program, managed by the GoSports Foundation, supports her. C.A.
• In addition to becoming the first Indian to compete in the sport at the Olympic Games in Tokyo, she also won the solo women’s sabre category at the Charlellville National Competition in France.

Daily CA on July 26:

• Since 1999, India has observed Kargil Vijay Diwas on July 26 to commemorate its victory over Pakistan in the Kargil conflict.
• India’s first passenger drone, Varuna, was launched by Prime Minister Shri Narendra Modi.
• India’s bioeconomy is expected to grow to $150 billion and $300 billion, respectively, by 2025 and 2030.
• According to the most current statistics from the Reserve Bank of India (RBI), India’s foreign exchange reserves fell by $7.5 billion to $572.7 billion during the final week of July 15.
• The United Arab Emirates has awarded the coveted Golden Visa to Kamal Haasan, a well-known name in Tamil film.
• A 215-member Indian athlete contingent across 16 disciplines is all set to participate in the Commonwealth Games beginning on July 28 in Birmingham.
• Tokyo Olympic gold medallist Neeraj Chopra created history by winning a Silver medal in the men’s javelin throw event at World Athletics Championships.
• The Talkatora Indoor Stadium in New Delhi will serve as the host venue for the first Khelo India Fencing Women’s League, which will get off on July 25, 2022.
• The Ministry of Jal Shakti announced that Madhya Pradesh’s Burhanpur popularly known as the ‘Darwaza of Dakhin’ or Gateway of Deccan, became the first Certified ‘Har Ghar Jal’ (water connection to every house) district in
• On World Brain Day-2022 (22 July) Karnataka Health Minister Dr. K Sudhakar inaugurated the Brain Health Clinic (BBC) in a first-of-its-kind initiative in India, at Jayanagar General Hospital, Bengaluru, Karnataka.
• The latest economic outlook survey conducted by the industry body Federation of Indian Chambers of Commerce & Industry (FICCI) has downgraded  India’s 2022-23 Gross Domestic Product (GDP) growth forecast to 7% from 7.4% estimated in its previous survey round in April 2022.
• The World Bank has approved a loan of USD 1 billion to provide support to India’s flagship PM Ayushman Bharat Health Infrastructure Mission(PM-ABHIM).
• According to the report titled Benchmarking India’s Payment Systems released by the Reserve Bank of India (RBI), India has made significant progress and moved to a leadership position in large-value digital payment systems.
• The Reserve Bank of India (RBI) issued new guidelines for nonbank payment system operators (PSOs) under Section 10 (2) & Section 18 of “The payment and Settlement Systems Act of 2007”.
• Canara Bank has launched its mobile banking app called Canara ai1 & the banking app would be a one-stop solution with more than 250 features to cater to the banking needs of its customers.
• One of India’s fastest-growing and most admired infrastructure companies, TATA Projects Limited, has appointed Vinayak Pai as its Managing Director (MD).
• Telecom firm Vodafone Idea has appointed Akshaya Moondra as the next Chief Executive Officer (CEO) of the company for three years, with effect from August 19, 2022, & he will replace Mr. Ravinder Takkar, whose tenure as MD & CEO of the Vodafone Idea will end on August 18, 2022.
• Private sector lender YES Bank has appointed Rama Subramaniam Gandhi as an additional independent director of the bank for five years.
• The apex drug regulator Drugs Controller General of India (DCGI) approved India’s first indigenously developed mRNA vaccine against COVID-19.