Daily Current Affairs November 19 2022 | Latest News | Download PDF

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CURRENT AFFAIRS: IMPORTANT DAYS

World Antimicrobial Awareness Week: 18-24 November

• Every year, World Antimicrobial Awareness Week (WAAW) takes place from November 18 to November 24.
• The subject of WAAW this year is “Preventing Antimicrobial Resistance Together.”
• It’s an international campaign to raise awareness about the growing problem of antibiotic and antimicrobial resistance.
• The goal of the week is to raise awareness of global antimicrobial resistance and to encourage best practices among the general public, health professionals, and policymakers to prevent the emergence and spread of drug-resistant illnesses.
• In 2015, the World Health Organization established “World Antibiotic Awareness Week” to raise worldwide awareness and support action to prevent the emergence and spread of antibiotic-resistant bacteria.
• In 2020, the campaign was renamed “World Antimicrobial Awareness Week.”
• With cause, the World Health Organization (WHO) conveys a sense of urgency surrounding the worldwide issue of antibiotic resistance.
• You may die if you develop a disease or infection that cannot be treated with antibiotics in a typical manner.

International Men’s Day: 19th November

• International Men’s Day 2022 is observed on 19th November.
• International Men’s Day 2022 celebration also focuses on Men’s Health.
• International Men’s Day 2022 Theme set up for this year is “Helping Men and Boys”.
• This day is first celebrated in February.
• Then later it was celebrated in November.
• In 1968, an American journalist named John P. Harris communicated that there is a celebration for International Women’s Day for female workers but failed to deliver a male counterpart
• In the early 1990s Thomas Oaster, the director of the Missouri Center for Men’s Studies, invited organizations in the U.S., Australia, and Malta to hold small International Men’s Day events during February.
• Oyster celebrated this small event for two years successfully and later the celebration does not take place well.
• Malta is the sole country that celebrated this event continuously.
• Teelucksingh understood the importance of a male role in society as his father had been an excellent example for him and chose to celebrate International Men’s Day on November 19th, the day of his father’s birthday as well as the day a local soccer team had united his country with their endeavours to qualify for the world cup.
• After that, all Countries celebrated International Men’s Day on 19th November.
• Malta celebrated in February then changed the celebration day to November.

World Toilet Day: 19th November

• World Toilet Day 2022 is observed on the 19th of November 2022
• It is celebrated to inspire action to tackle the global sanitation crisis and help achieve Sustainable Development Goal 6 which promises sanitation for all by 2030.
• Jack Sim, a philanthropist from Singapore, founded the World Toilet Organization on November 19, 2001, He declared that day as World Toilet Day.
• Toilets are only the first stage of sanitation apparatuses.
• World Toilet Day was made to spread and increase public awareness of broader sanitation systems such as wastewater treatment, stormwater management, and hand washing.
• UN Sustainable Development Goal 6 says that waste should be safely processed. Their efforts to call attention to the sanitation crisis were strengthened in 2010.
• In 2013, the Government of Singapore and the World Toilet Organization led to Singapore’s first UN resolution called “Sanitation for All.”
• This resolution decided to take action to end the world sanitation crisis by 2025.
• As a result, World Toilet Day was declared an official UN day and the resolution was adopted by 122 countries at the 67th session of the UN General Assembly in New York.

CURRENT AFFAIRS: NATIONAL NEWS

India Becomes the World’s Second Largest Producer of Steel:

• India has replaced Japan to become the world’s second-largest producer of crude steel.
• China now produces the most steel, making up 57% of global production.
• The Government of India has announced the National Steel Policy 2017, the Policy for Giving Preference to Domestically Manufactured Iron and Steel (DMI & SP) in the Case of State Procurement to support the Domestic Steel Industry.
• These regulations have contributed to the improvement of domestic steel production and consumption.
• Additionally, the government has issued quality control orders that forbid the production and importation of steel that is too cheap or of poor quality.
• India has also liberalized the coal mining industry, which will be extremely advantageous to the steel industry.

Rank 2018	Country	Qty (mt)	Rank 2019	Country	Qty (mt)
1	China	920	1	China	996.3
2	India	109.3	2	India	111.2
3	Japan	104.3	3	Japan	99.3
4	USA	86.6	4	USA	87.9
5	South Korea	72.5	5	Russia	71.6

National Anti-Profiteering Authority will be abolished by the Indian government:

• The National Anti-Profiteering Authority (NAA) is poised to merge with the Competition Commission of India (CCI) as the GST’s anti-profiteering
• Under CCI, the NAA’s investigation division will continue to operate in some capacity.
• The official claimed that because CCI can handle issues on its own, the change will result in fewer regulators.
• After NAA’s term is up, it is intended to transfer cases to CCI.
• The NAA’s responsibility is to ensure that the customer receives the benefit of the tax rate reduction right away.
• Because the GST council has been changing the rates over the past five years, NAA has played this duty primarily.
• When rates rise, NAA doesn’t do much.
• Under section 171 of the Central Goods and Services Tax Act of 2017, the National Anti-Profiteering Authority (NAA) was created.
• The NAA was established to keep track of and supervise whether the receiver is receiving the benefit or decrease in input tax credit through a proper decrease in pricing.

CURRENT AFFAIRS: STATE NEWS

Rajasthan govt approves Rs 2.60 crore for camel conservation scheme

• The Rajasthan government has approved an outlay of Rs 2.60 crore for the Camel Conservation Scheme which is aimed at protecting camels.
• The chief minister has decided to implement the camel conservation and development policy in the budget for the year 2022-23.
• For this provision, Rs 10 crore was allocated.

About Camel Conservation Scheme : 

• Under the scheme, each female camel and calf will be tagged by the veterinary doctor and an identity card will be issued.
• The camel rearer will be given Rs 5,000 while the veterinarian will receive Rs 50 honorarium for each identity card.
• On completion of one year of the camel calf, the rearer will get another instalment of Rs 5,000.
• The amount of both instalments will be deposited in the bank account of the camel rearer.

About Rajasthan :

• Governor: Kalraj Mishra
• Chief Minister : Ashok Gehlot
• Capital: Jaipur
• National Park: Keoladeo National Park, Ranthambore National Park
• Wildlife Sanctuaries: Jaisamand WL Sanctuary, Sajjangarh WL Sanctuary, Fulwari ki Nal WL Sanctuary, Keladevi WL Sanctuary

Arunachal Pradesh launched the world’s first drone-mediated livestock vaccines delivery service – TechEagle

• TechEagle, a leading drone delivery startup that offers world-class end-to-end drone delivery solutions, has conducted the world’s first vaccine delivery for Animal Husbandry in Arunachal Pradesh.

Aim:

• To strengthen the Healthcare ecosystem of the animals by providing rapid and safe delivery of healthcare-related items, starting from Lower Dibang valley.
• The drone delivery was carried out by TechEagle in collaboration with the Animal Husbandry department and EY
• It has used its hybrid drone Vertiplane X3 for its maiden flight.

Key Highlights : 

• The project was inaugurated by Tage Taki, Minister of Agriculture of Arunachal Pradesh.
• The flight took off from Roing to Paglam, having an aerial distance of 29 km, which was covered with TechEagle’s Drone in just 20 minutes.
• The road distance from Roing to Paglam is about 120 km which takes around 4 hours to cover.
• TechEagle’s indigenously developed  Hybrid Drone- Vertiplane X3 delivered vaccines 12 times faster than ground transportation.
• TechEagle used its made-in-India – Hybrid e-VTOL Drone, Vertiplane X3.
• It is India’s fastest and longest-range hybrid e-VTOL drone that flies at a maximum speed of 120 kmph for 100km on a single charge.
• In 2018, TechEagle initiated the world’s first tea delivery by drone in Lucknow, UP.

About TechEagle :

• Founder & CEO: Vikram Singh

About Arunachal Pradesh : 

• Governor: B. D. Mishra
• Chief Minister : Pema Khandu
• Capital: Itanagar
• Airport: Along Airport, Daporijo Airport, Itanagar Airport, Tezu Airport

CURRENT AFFAIRS: BANKING & FINANCE

ESAF Bank gets top ‘Best in Class’ ESG Ratings

• ESAF Small Finance Bank was awarded the “best in class” rating for the environment, social, and governance (ESG) practices from CareEdge Ratings.
• ESAF is also the first Indian member bank of the Global Alliance on Banking on Values (GAVB).
• ESAF SFB has joined the growing tide of financial corporations worldwide in their fight against the practice of “greenwashing” or faking ESG credentials.

Key Highlights : 

• ESG practice gave 4 out of 5 points for the bank’s commitment towards ESG integration.
• ESAF Bank has been maintaining a well-defined policy towards environmental and social sustainability and has effectively implemented it across its business verticals.

About Greenwashing :

• Greenwashing refers to a situation wherein a corporation or a firm spends more time and money on marketing itself as environmentally friendly than on actually minimizing its environmental impact.
• In other words, it is a marketing ploy intended to mislead consumers who prefer to buy goods and services from environmentally conscious companies.

About ESAF Bank : 

• Founded: 10 March 2017
• Headquarters: Mannuthy, Thrissur, Kerala
• MD and CEO: K. Paul Thomas

ICICI Venture invests 360 crores in the cello world

• ICICI Venture, the alternative investment arm of ICICI Bank, has invested ₹360 crores, or around $44.3 million, in consumer houseware company Cello World, marking its first bet from the fifth private equity (PE) fund.

Key Highlights : 

• ICICI Venture’s fifth PE fund has raised $325 million within a few months from its launch, mainly from existing investors – large sovereign wealth funds, insurance companies, banks, funds of funds, and family offices.
• The PE major has invested in over 60 companies across all four funds.
• Some of its marquee investments include the recently-listed Go Fashions India, Theobroma Foods, Metropolis Health Services, Home Solutions (a subsidiary of Pantaloons Retail, owned by Aditya Birla Group), Bharat Biotech and Epack Durable Pvt Ltd.
• Cello World is the flagship company of Cello Group, which provides consumer houseware products across steel, plastic, glass, and opalware categories.

About ICICI Venture : 

• Founded: 1988
• Executive director: Mr. Mohit Batra
• CEO: Puneet Nanda
• Currently, ICICI Venture manages 4 funds with total PE assets under management (AUM) of $1.65 billion across four funds, India Advantage Fund (IAF) Series 1, 2,3, and 4.
• The IAF-4 fundraise was closed at $250 million (around ₹1,900 crores) in September 2017.

Max Life launches life insurance plan – Smart Wealth Advantage Guarantee

• Max Life Insurance has launched Smart Wealth Advantage Guarantee Plan, a non-linked, non-participating individual life insurance savings plan that offers guaranteed returns, life insurance cover, and financial protection all combined in one product.
• The product offers the receipt of the annual income on a preferred date decided by the policyholder, and not necessarily at the anniversary of the policy issuance.

Key features : 

Enhanced flexibility:

• The plan allows you to choose premium payment terms, deferment periods, and income duration.
• It has a ‘Save the Date’ feature which allows you to receive annual income on your special date of the year like birthdays, marriage anniversaries, etc.

Guaranteed income:

• It offers to get easy liquidity with income payout as early as the first month.
• Additionally, the policyholders can get income returns for up to 30-40 years with a lump sum at maturity.

Comprehensive Financial Security for your loved ones:

• The plan offers a life cover if the life insured dies untimely during the policy term.
• The plan also comes with an in-built accidental death benefit that pays an additional amount if the insured dies.

Facility to Avail Loans: 

• The plan also helps you avail of loans against your policy to meet your urgent financial requirements.

Secured Retirement: 

• The plan offers you to get tax-free income for life.
• The GST is applicable on premiums as per prevailing tax laws.
• Under Selected Variants, policyholders can get returns of 50% of Total Premiums Payable at the age of 85 years, applicable under select variants only.

About Max Life Insurance Company Limited : 

• Founded: 2000
• Headquarters: New Delhi, Delhi, India
• MD & CEO: Prashant Tripathy
• It is a life insurance company in India with a joint venture (JV) between Max India Ltd and Axis Bank

RBI imposes Rs 12 lakh fine on six co-operative banks & 3 sahakari banks

• The Reserve Bank of India (RBI) imposed a collective fine of nearly ₹12 lakh on 9 entities, including 6 cooperative banks and 3 Sahakari banks for violating various banking norms.

Penalties : 

• Berhampur Cooperative Urban Bank (Odisha) has been fined ₹10 lakh
• Osmanabad Janata Sahakari Bank, Osmanabad (Maharashtra) ₹5 lakh,
• Santrampur Urban Co-operative Bank Ltd, Santrampur in Mahisagar district (Gujarat) ₹2 lakh penalty.
• Jila Sahakari Kendriya Bank Maryadit, Balaghat (Madhya Pradesh); Jamshedpur Urban Cooperative Bank Ltd, Jamshedpur, Jharkhand; and Renuka Nagarik Sahakari Bank Maryadit, Ambikapur (Chhattisgarh) have been fined Rs 1 lakh each.
• Krishna Mercantile Co-operative Bank Ltd, Bhopal (Madhya Pradesh), and Kendrapara Urban Co-operative Bank Ltd, Kendrapara, Odisha were fined Rs 50,000 each.
• The Nawanagar Co-operative Bank Ltd, Jamnagar (Gujarat) is penalized with Rs 25,000

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

Fintech Open gets RBI nod for payment aggregator license

• Open, a neo-banking fintech, has received in-principle approval from the regulatory authority, the Reserve Bank of India (RBI), for a Payment Aggregator Gateway (PA/PG) license.
• A PA provides payment services to merchants and e-commerce sites by accepting payment instruments from customers.
• In a new set of guidelines in March 2020, the RBI mandated that all PAs be authorized by the central bank.
• In May 2022 Open became the 100th Indian unicorn, a startup valued at $1 billion or above after it raised $50 million led by IIFL.

About Open : 

• Founded: 2017
• Founders: Anish Achutan, Ajeesh Achutan, Mabel Chacko, and Deena Jacob.
• CEO: Anish Achutan
• Open focuses on small and medium businesses, startups and freelancers by offering them a business current account and services such as automated accounting, bookkeeping, expense management, compliance, and payroll.

CURRENT AFFAIRS: BUSINESS NEWS

Wipro was the first company in India to establish a European Work Council:

• The IT giant Wipro announced that it has struck an agreement with employee representatives about the creation of a European Works Council.
• The first EWC founded by a corporation with its headquarters in India is Wipro.
• The EWC’s establishment improves the already fruitful partnership with employee representations in numerous European nations.
• Wipro strives to deliver the greatest employee experience while also fostering an inclusive atmosphere that accepts everyone and fosters a feeling of community.
• The EWC will aid us in improving since we regularly take into account employee viewpoints.
• It also shows that Wipro is implementing and embracing European employment standards as a responsible international employer.
• The EWC formed by Wipro is the first by an Indian-headquartered firm and builds on years of productive, successful collaboration with works councils at the local and national levels in several European nations, including Germany, the Netherlands, France, Sweden, and Finland.

CURRENT AFFAIRS: RANKING AND REPORTS

India placed eighth on the Climate Change Performance Index for 2023:

• The Climate Change Performance Index (CCPI) 2023, issued by three environmental non­governmental organizations, Germanwatch, NewClimate Institute, and the Climate Action Network (CAN) International, was launched.
• The Climate Change Performance Index 2023 (CCPI) places India eighth out of 63 countries.
• In the overall rankings, no country came in first, second, or third. Denmark finished fourth with a score of 79.61, followed by Sweden with 73.28 points.
• India finished with 67.35 points.
• India placed 9th in GHGs, 24th in Renewable Energy, 9th in Energy Use, and 9th in Climate Policy (8).
• It should be highlighted that India placed first among the top ten emitters.
• Germany and Japan are in second and third place in this grouping, respectively.
• Iran, Saudi Arabia, and Kazakhstan are the worst achievers in the overall rating.
• They are especially deficient in renewables and largely reliant on oil.
• The country received a “high” rating in the categories of Greenhouse Gas Emissions and Energy Use.
• It received a “medium” grade in the Climate Policy and Renewable Energy categories.
• The CCPI assesses 59 countries and the European Union, which together account for more than 90% of global greenhouse gas emissions.
• The CCPI examines four categories, each with 14 indicators, using defined criteria: Greenhouse Gas Emissions, Renewable Energy, Energy Use, and Climate Policy.
• India was ranked tenth in both 2022 and 2021.
• It was ninth on the list in 2020.
• India has updated its Nationally Determined Contribution since signing the Paris Agreement in 2015.
• The country pledged to achieve net zero carbon emissions by 2070 at the COP26 Summit in Glasgow.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

Govt appoints Shri Arvind Virmani as a full-time member of NITI Aayog

• Prime Minister Shri Narendra Modi has approved the appointment of Shri Arvind Virmani, Founder, Chairman of, the Foundation for Economic Growth & Welfare as a Full-Time Member, National Institution for Transforming India (NITI) Aayog with immediate effect and until further orders.

About Mr. Arvind Virmani : 

• Arvind Virmani served as the Chief Economic Advisor in the Ministry of Finance during the Manmohan Singh-led UPA government from 2007-09.
• In 2009, he was appointed the Executive Director of, the International Monetary Fund (IMF), and he served there till 2012.
• During his tenure at IMF in Washington DC, he represented India (as its Ambassador to IMF), Bangladesh, Sri Lanka, and Bhutan
• He served as a member of the Technical Advisory Committee of the Reserve Bank of India (RBI) on Monetary Policy from February 2013 to August 2016.
• He is the founder-chairman of the non-profit public policy organization Foundation for Economic Growth and Welfare.

About NITI Aayog : 

• Founded: 1 January 2015
• Headquarters: New Delhi
• Chairperson: Narendra Modi (Prime Minister of India)
• Vice chairperson : Suman Bery
• CEO: Parameswaran Iyer
• The NITI Aayog, the government’s premier think tank headed by the Prime Minister, at present has three members Dr. V K Saraswat, Professor Ramesh Chand, and V K Paul.

PFRDA appoints Mr. Suraj Bhan as chairman of NPS Trust

• Pension Fund Regulatory & Development Authority has appointed Suraj Bhan as the chairman of the National Pension System Trust (NPS Trust), responsible for managing funds under the National Pension System (NPS).

About Suraj Bhan : 

• Suraj Bhan joined the Indian Economic Service in 1983 and retired as Director General of the Labour Bureau, Chandigarh, in January 2018.
• He has been a Trustee on the Board of NPS Trust since 2018.
• He has varied experience across several sectors with government and public sector undertakings in the areas of economic policy, business, industry, and

About PFRDA : 

• Founded: 23 August 2003
• Headquarters: New Delhi, Delhi, India
• Chairman: Supratim Bandyopadhyay
• PFRDA is the regulatory body under the jurisdiction of the Ministry of Finance, Government of India for overall supervision and regulation of pensions in

About NPS Trust : 

• Founded: 2009
• Headquarters: New Delhi, India
• CEO: Munish Malik
• NPS Trust is a specialized division of the Pension Fund Regulatory and Development Authority which is under the jurisdiction of the Ministry of Finance of the Government of India.
• The NPS is a voluntary defined contribution pension system in

CURRENT AFFAIRS: DEFENCE NEWS

The 18th edition of India-us joint military exercise YUDH ABHYAS 22 begins in Uttarakhand

• The 18th edition of the Indo – United States (US) joint training exercise “YUDH ABHYAS 22” is scheduled to be conducted in Uttarakhand.
• The 15-day exercise happened between 16th Nov to 2nd Dec 2022.
• The previous edition of the exercise was conducted at Joint Base Elmendorf Richardson, Alaska (USA) in October 2021.

About YUDH ABHYAS 22 : 

• Exercise Yudh Abhyas is conducted annually between India and USA.

Aim : 

• To exchange best practices, Tactics, Techniques, and Procedures between the Armies of the two nations.
• US Army soldiers from the 2nd Brigade of the 11th Airborne Division and Indian Army soldiers from the ASSAM Regiment will be participating in the exercise.
• The troops from both nations will work together to achieve common objectives.
• The joint exercise will also focus on Humanitarian Assistance and Disaster Relief (HADR) operations.
• Troops from both nations will practice launching swift & coordinated relief efforts in the wake of any natural calamity.
• To derive full benefit from the professional skills & experiences of both armies, a Command Post Exercise and Expert Academic Discussions (EAD) on carefully selected topics will be carried out.

Significance : 

• The scope of the Field Training Exercise includes the validation of integrated battle groups, force multipliers, establishment and functioning of surveillance grids, validation of operational logistics, mountain warfare skills, casualty evacuation, and combat medical aid in adverse terrain and climatic conditions.
• The exercise will involve exchanges and practices on a wide spectrum of combat skills including combat engineering, employment of UAS/Counter UAS techniques, and information operations

HAL delivers 16th ALH Mk-III helicopters to the Indian Coast Guard & receives a letter of intent for 9 more

• Hindustan Aeronautics Limited (HAL) handed over the last of the 16 Advanced Light helicopters Mark-III (ALH Mk-III) helicopters to the Indian Coast Guard at a program in Bengaluru, Karnataka.
• HAL also received a Letter of Intent (LoI) from the maritime organization for 9 more ALH Mk-III helicopters.
• The Indian Coast Guard signed a contract with HAL for the supply of 16 ALH Mk III in March 2017.
• The ICG has inducted 15 choppers so far.

Key Highlights : 

• An ALH Mk-III chopper comes equipped with surveillance radar, an electro-optic pod, medical intensive care unit, a high-intensity searchlight, an infrared suppressor, a heavy machine gun, glass cockpit and is powered by two shakti helicopter engines.
• The helicopter is indigenously designed, developed, and produced by HAL.
• The HAL has so far produced more than 330 ALHs, a versatile helicopter that has logged more than 3.74 lakhs of flying hours.
• The Indian Coast Guard has acquired ALH Mk-III helicopters for diversified roles, which include maritime surveillance, search and rescue, medical evacuation, logistics support to ships, and interdiction.
• These choppers have been deployed at Porbandar (Gujarat), Bhubaneshwar (Odisha), Kochi (Kerala), and Chennai (Tamil Nadu).
• A unique feature of the contract has been the Performance Based Logistics (PBL) – the one-stop solution for the maintenance of these helicopters by HAL.

About the Ministry of Information and Broadcasting : 

• Cabinet Minister : Anurag Thakur
• Minister of State : L. Murugan

About HAL : 

• Established: 23 December 1940
• Headquarters: Bangalore, Karnataka, India
• Chairperson & MD: C B Ananthakrishnan
• HAL is an Indian state-owned aerospace and defence company

CURRENT AFFAIRS: SPORTS NEWS

The Phrygian hat has been chosen as the mascot for the Paris Olympics 2024:

• The Phrygian cap, a symbol of the French republic but wearing sneakers as a nod to the present, was unveiled as the 2024 Paris Olympics mascot.
• The Olympic Phryge is a little smaller, while the Paralympic Phryge is a little leaner and has a blade on his right leg because he is a Phyrge with a disability.
• The Paralympic mascot is distinguished by the presence of a runner’s blade on one of its legs.
• Phryges (pronounced Fri-jee-uhs) are small Phrygian caps that symbolize liberty, inclusivity, and people’s ability to support great and meaningful causes.
• The organizers of the Paris Games defended the fact that practically all of the mascot toy reproductions are made in China.
• One of the mascot’s eyes is blue, and one of the two is draped in two ribbons in the colours of the French flag, resembling a cockade, or ribbon knot, which was another symbol of republicanism during the Revolution.
• Paris 2024 president Tony Estanguet, Beijing 2008 wheelchair tennis men’s doubles winner Michael Jeremiasz, and Gwladys Epangue, a bronze medalist in taekwondo from Beijing 2008, revealed the mascots at a press conference in Paris.

Daily CA on November 19:

• Every year, World Antimicrobial Awareness Week (WAAW) takes place from November 18 to November 24.
• International Men’s Day 2022 is observed on 19th November.
• World Toilet Day 2022 is observed on the 19th of November 2022
• India has replaced Japan to become the world’s second-largest producer of crude steel.
• The National Anti-Profiteering Authority (NAA) is poised to merge with the Competition Commission of India (CCI) as the GST’s anti-profiteering
• The IT giant Wipro announced that it has struck an agreement with employee representatives about the creation of a European Works Council.
• The Climate Change Performance Index (CCPI) 2023, issued by three environmental non­governmental organizations, Germanwatch, NewClimate Institute, and the Climate Action Network (CAN) International, was launched.
• The Phrygian cap, a symbol of the French republic but wearing sneakers as a nod to the present, was unveiled as the 2024 Paris Olympics mascot.
• The Rajasthan government has approved an outlay of Rs 2.60 crore for the Camel Conservation Scheme which is aimed at protecting camels.
• TechEagle, a leading drone delivery startup that offers world-class end-to-end drone delivery solutions, has conducted the world’s first vaccine delivery for Animal Husbandry in Arunachal Pradesh.
• ESAF Small Finance Bank was awarded the “best in class” rating for the environment, social, and governance (ESG) practices from CareEdge Ratings.
• ICICI Venture, the alternative investment arm of ICICI Bank, has invested ₹360 crores, or around $44.3 million, in consumer houseware company Cello World, marking its first bet from the fifth private equity (PE) fund.
• Max Life Insurance has launched Smart Wealth Advantage Guarantee Plan, a non-linked, non-participating individual life insurance savings plan that offers guaranteed returns, life insurance cover, and financial protection all combined in one product.
• The Reserve Bank of India (RBI) imposed a collective fine of nearly ₹12 lakh on 9 entities, including 6 cooperative banks and 3 Sahakari banks for violating various banking norms.
• Open, a neo-banking fintech, has received in-principle approval from the regulatory authority, the Reserve Bank of India (RBI), for a Payment Aggregator Gateway (PA/PG) license.
• Prime Minister Shri Narendra Modi has approved the appointment of Shri Arvind Virmani, Founder, Chairman of, the Foundation for Economic Growth & Welfare as a Full-Time Member, National Institution for Transforming India (NITI) Aayog with immediate effect and until further orders.
• Pension Fund Regulatory & Development Authority has appointed Suraj Bhan as the chairman of the National Pension System Trust (NPS Trust), responsible for managing funds under the National Pension System (NPS).
• The 18th edition of the Indo – United States (US) joint training exercise “YUDH ABHYAS 22” is scheduled to be conducted in Uttarakhand.
• Hindustan Aeronautics Limited (HAL) handed over the last of the 16 Advanced Light helicopters Mark-III (ALH Mk-III) helicopters to the Indian Coast Guard at a program in Bengaluru, Karnataka.