Daily Current Affairs September 14 2022 | Latest News | Download PDF

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CURRENT AFFAIRS: IMPORTANT DAYS

Hindi Diwas- September 14

Every year on September 14, Hindi Diwas or Hindi Day is celebrated to honor Hindi’s use as an official language in India.
According to Article 343 of the Indian Constitution, the language was accepted.

History:

It was observed for the first time on September 14, 1953.
Later, Pt. Jawaharlal Nehru said that the nation will observe this day as Hindi Diwas.
There are 22 scheduled languages in India, although only Hindi and English are formally utilized at the level of the Union government of India.
The fourth most often spoken language worldwide is Hindi.
As a result of the Constituent Assembly of India’s adoption of Hindi written in Devanagari script as the official language of the Republic of India on this day in 1949, Hindi Divas is observed on September 14.

CURRENT AFFAIRS: NATIONAL NEWS

The World Dairy Summit 2022 will be opened by PM Modi at Greater Noida:

The International Dairy Federation’s World Dairy Summit (IDF WDS) 2022 was officially opened by Prime Minister Narendra Modi at the India Expo Center and Mart in Greater Noida.
The exhibition was local, and Prime Minister Modi went there as well.
The prime minister said during the rally that the dairy industry’s potential will not only strengthen the rural economy but also serve as a significant source of income for millions of people worldwide.
The Indian dairy sector is distinctive in that it is built on a cooperative model that helps tiny and underprivileged dairy producers, especially women.
As a consequence of the government’s efforts to strengthen the dairy sector, milk output has grown by more than 44% in the previous eight years.

Government healthcare spending per person has increased by 74% from 2013–14:

Since 2013-14, per capita, government spending on healthcare has climbed by 74%.
According to the National Health Accounts Estimates India 2018-19, per capita government spending in 2013-14 was 1,422 rupees, which has now climbed to 1,815 rupees.
According to the report, the government’s portion of total health spending in the country is gradually growing.
The government’s share of current health expenditure has risen from 23.2% in 2013-14 to 34.5% in 2018-19.
Since 2013–14, the government has spent more on primary healthcare.
In that time, the government spent around 51% of its total health budget on primary care; in 2018–19, that figure has risen to more than 55%.
Since 2013–14, the nation’s per-capita out-of-pocket spending has also reduced by 8%.

Cyber Crime Investigation and Intelligence Summit 2022:

The 4th Cyber Crime Investigation and Intelligence Summit-2022 are being organized by the Madhya Pradesh Police to advance the skills of police sub-inspectors and senior investigating officers to successfully prevent cybercrimes.
The State Cyber Police Headquarters’ Additional Director General of Police, Yogesh Deshmukh, announced during the summit’s curtain-raiser event that more than 6000 persons had registered to attend.
The Madhya Pradesh Police, in cooperation with Softclicks Foundation, Cleartel Technology, and UNICEF, organized the largest knowledge-sharing, thought-leadership, and cybercrime investigation and intelligence summit (CIIS 2022) in India from September 12 to 22, 2022.
The event is taking place in the Madhya Pradesh city of Bhopal.
The RSVP Noronha Academy of Administration in Bhopal will conduct a ten-day summit, part of which will be a three-day offline summit.

CURRENT AFFAIRS: STATE NEWS

Nagaland celebrates the first ever Naga Mircha Festival at Seihama

In a first of its kind in Nagaland, Naga Mircha (Naga King Chili) Festival 2022 was organized at Seiyhama Village under Kohima district.
The festival was hosted and organized by Seiyhama village Council and Seiyhama Naga Mircha Growers and sponsored by the Department of Horticulture.
The President of the Nationalist Democratic Progressive Party (NDPP) 11th Northern Angami (NA)-II Assembly Constituency, Vibeilietuo Kets inaugurated the one-day festival.

About Naga Mircha Festival :

Naga Mircha (King Chili) has constantly been placed on the top 5 in the list of the world’s hottest chilies based on the Scoville Heat Units (SHUs).
It is also referred to as ‘Raja Mircha’, ‘Bhoot Jolokia’ or ‘Ghost Pepper’,
Naga Mircha attained Geographical Indication (GI) certification in
It belongs to the genus Capsicum of the family Solanaceae.
Naga Mircha is an indigenous crop of Nagaland believed to have originated from Nagaland’s Zeliangrong region.

Note :

Naga Mircha was the first product to receive a GI tag from Nagaland among the 4 GI Products of

About Nagaland :

Governor : Jagdish Mukhi
Chief Minister : Neiphiu Rio
Capital : Kohima

Govt of Chhattisgarh to launch New Scheme – Mukhyamantri Govansh Mobile Chikitsa Yojana

The Chief Minister (CM) of Chhattisgarh Shri Bhupesh Baghel will launch a scheme Mukhyamantri Govansh Mobile Chikitsa Yojana.

Aim :

To establish Mobile Veterinary Units (MVU) to provide medical aid to cattle on the lines of health clinics being run for citizens in urban and rural areas of Chhattisgarh.
In the first stage of the scheme, 1 or 2 mobile veterinary units with veterinarians will be provided in each district
Healthcare services for livestock are being provided at government-run veterinary hospitals and ‘gauthans’ established under the Suraji Gaon Yojana.
The Chhattisgarh government has been running ‘Mukhyamantri Slum Swasthya Yojana’ in urban areas and ‘Mukhyamantri Haat-Bazaar Clinic Yojana in rural areas to ensure that all citizens, have access to affordable and quality healthcare facilities through mobile medical units.
In July 2020, the Chhattisgarh government launched a cow dung procurement scheme to promote cow rearing, ensure the safety of livestock and provide financial benefits to cattle-rearers.
In July 2022 a cow urine procurement scheme was launched in selected places of Chhattisgarh.

About Chhattisgarh :

Governor: Anusuiya Uikey
Chief minister: Bhupesh Baghel
Capital: Raipur

CURRENT AFFAIRS: BANKING & FINANCE

HDFC Bank issues India’s first Electronic Bank Guarantee

India’s largest private sector bank, HDFC Bank has become the first bank in the country to issue an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL).
e-BG has been developed in consultation with NeSL, Central Vigilance Commission (CVC)-Central Bureau of Investigation (CBI) committee, and Indian Bank’s Association (IBA) to simplify the process and eliminate the possibility of fraud and manipulation.
e-BG will be issued on the NeSL portal through an API-based digital workflow.
The paper-based, the time-consuming process has been eliminated with the new electronic bank guarantees that can be processed, stamped, verified, and delivered instantly with enhanced security.
MD & CEO of NeSL: Debajyoti Ray Chaudhuri

About HDFC Bank :

Founded: August 1994
Headquarters: Mumbai, Maharashtra, India
MD & CEO : Sashidhar Jagdishan

LIC introduces New Pension Plus Plan

The Life Insurance Corporation of India (LIC) has launched a new non-participating, unit-linked, individual pension plan called LIC’s ‘New Pension Plus’ (NPP).
The product was launched at Hotel Trident in the function of the Insurance Week Celebration (Sep 01 to 07, 2022).
The Unique Identity Number (UIN) for this plan is 512L347V01.
The plan will help build a corpus of systematic and disciplined savings which can be converted into regular income by the purchase of an annuity plan on completion of the term.

About LIC’s NPP :

The investment options available are Pension Bond Fund, Pension Secured Fund, Pension Balanced Fund, Pension Growth Fund, and Pension Discontinued Fund.

Eligibility conditions of LIC’s NPP :

Entry Age :

The minimum entry age is 25 years
The maximum entry age is 75 years.

Vesting Age :

The minimum vesting age or the minimum age at which one may opt to get a regular annuity is 35 years & the maximum vesting age is 85 years.

Policy Term :

The minimum policy term is 10 years and the maximum is 42 years.

Premium Payment Options :

There are two premium payment options

Single premium
Regular premium.

Minimum & Maximum Premium :

The minimum premium varies with the frequency of payment.
For monthly payments, the minimum premium is Rs 3,000, for quarterly Rs 9,000, for half yearly Rs 16,000, and yearly payments, the minimum premium is Rs 30,000.
There is no cap on maximum premium.

Guaranteed Additions :

On the in-force policies, guaranteed additions of up to 15.5% of annualized premium on regular premium plans and up to 5% on single premium plans will be added at the end of the 6th year, 10th year, and every subsequent year from the 11th year till the end of the policy term.

Insurance Cover :

In case of the unfortunate death of a policyholder during the policy term, an amount higher of the fund value and 105% of the total premium paid (excluding taxes, interest on late payment, and charges, if any) will be paid to the nominee.

Commutation :

At the time of vesting, up to 60% of the fund value may be commuted and the rest will be utilized to purchase immediate or deferred annuity plans.

Purchase of Annuity Plan :

At least 40% of the fund value will have to be utilized to purchase Annuity Plans from the LIC of India or any other Insurance Regulatory & Development Authority of India (IRDAI)-the regulated insurance company.

About LIC :

Founded: 1 September 1956
Headquarters: Mumbai, Maharashtra, India
Chairperson : M R Kumar
Managing Directors: B C Patnaik, Smt. Ipe Mini, Siddharth Mohanty, Rajkumar

HDFC Bank signs MoU with Institute of Economic Growth

The largest private lender HDFC Bank has signed a Memorandum of Understanding (MoU) with the Institute of Economic Growth (IEG) to fund a chair to carry out independent research.
It would be known as ‘HDFC Bank Chair of Banking and Finance and would be housed at the IEG campus, New Delhi, Delhi.
The MoU was signed in the presence of Atanu Chakraborty, chairman, of HDFC Bank, and Ramesh Chand, a member of the Niti Aayog and the chairman of IEG.
The bank will support IEG for this chair for over 5 years with funding support of ₹75 crores, with effect from 1 September 2022.

About IEG :

IEG is widely recognized as a Center of Excellence, and one of India’s leading think tanks in the fields of economic and social development.

It specializes in long-term research that encourages the faculty to develop deep expertise in an area.

CURRENT AFFAIRS: BUSINESS NEWS

HPCL collaborates with the Indian Army for CSR Project:

Hindustan Petroleum Corporation Ltd (HPCL) and the Indian Army have partnered to conduct a CSR initiative in Kargil to train and mentor underprivileged lady students.
The project is called ‘Kargil Ignited Minds,’ and it seeks to prepare 50 female students for national-level engineering and medical admission exams.
The Kargil Ignited Minds initiative will focus on empowering poor girls who live in harsh weather conditions and have little resources.
Students must go through numerous stages to be a part of the Kargil Ignited Minds initiative, including screening, preliminary examinations, and interviews.
The initiative attempts to improve the student’s knowledge, abilities, and personality.
The Kargil Ignited Minds project’s MoU signing event was held at the 14 Corps Headquarters in Leh.

Retail Inflation Resurges To 7% As Food Prices Increase:

The Indian economy experienced a resurgence of price pressures in August, with retail inflation rising to 7% from a five-month low in July.
The rise, led by food prices, marks the ninth consecutive month that retail inflation has remained over the central bank’s upper tolerance ceiling of 6%, bolstering the argument for more monetary tightening.
Retail inflation fell to 6.7% in July, according to a poll of 22 analysts, and August inflation is expected to be 6.9%.
The Reserve Bank of India forecasts 6.7% inflation based on the Consumer Price Index (CPI) year 2022-23.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

Indian refiner Nayara Energy appoints Mr. Prasad K Panicker as chairman

Rosneft-owned Nayara Energy has appointed Prasad K Panicker, director and head of the refinery, as the chairman of the company, effective 3 October 2022.
Panicker will succeed Mr. Charles Anthony (Tony) Fountain, whose five years of service helped to improve the level of performance and financial performance of Nayara Energy.
In his new role, he will deploy his outstanding technological experience & excellent knowledge of the local Indian market to lead Nayara Energy through a new set of strategic priorities with a strong focus on development projects.
In addition to that Mr. Panicker will also continue to be the Head of the Refinery to support Nayara Energy’s development program.

About Nayara Energy :

Headquarters: Mumbai, Maharashtra, India
CEO: Alois Virag

Aim :

To focus more on the implementation of its cutting-edge asset development program to transform itself into an integrated petrochemical producer.
Nayara owns and operates India’s 2nd largest single-site refinery at Vadinar in Gujarat with a current capacity of 20 million tonnes & is also the largest fuel retailer in the private sector with over 6,000 outlets across India.

Mr. Joao Lourenco is Re-Elected as President of Angola

The National Electoral Commission (CNE) announced that Angola’s incumbent President Mr. João Manuel Gonçalves Lourenço won a second term as the President of Angola after the ruling People’s Movement for the Liberation of Angola (MPLA) party was declared the winner of Angola’s general election.
According to official results, the MPLA garnered 51.17% of the vote while the main opposition party, the National Union for the Total Independence of Angola (UNITA), got 43.95%.

About Mr Joao Lourenco :

Mr João Manuel Gonçalves Lourenço was born 5 March 1954 in Luanda, Angola.
He served as the president of Angola from Sep 2017 to 2022 (First term).
He also served as the Minister of Defence from 2014 to 2017
In Sep 2018, he became the Chairman of the People’s Movement for the Liberation of Angola (MPLA), the ruling party.
He was the party’s Secretary-General from 1998 to 2003.

About Angola :

Capital: Luanda
Currency: Angolan kwanza

Chief Justice Mr. Munishwar Nath Bhandari appointed as chairman of the PMLA appellate tribunal

The Chief Justice of Madras High Court, Justice Mr. Munishwar Nath Bhandari has been appointed as Chairman of the Appellate Tribunal under the Prevention of Money Laundering Act (PMLA).
He was appointed for 4 years, or till attaining the age of 70 years, or until further orders in terms of Tribunal (Conditions of Service) Rules, 2021 read with Tribunal Reforms Act, 2021.
The order was issued by the Department of Revenue under the Ministry of Finance.
The post of the Chairperson of the Tribunal was vacant since September 2019.
The Tribunal for Forfeiture of Property under the Smugglers and Foreign Exchange Manipulators Act (SAFEMA) & the PMLA (Prevention of Money Laundering Act) Appellate Tribunal were merged in 2016 through the Finance Act, 2016.

About Justice Mr. Bhandari :

Justice Mr. Bhandari was appointed a judge of the Rajasthan High Court in July 2007.
He was then transferred to the Allahabad High Court in March 2019 and was appointed the Acting Chief Justice of that high Court in June 2019.
In February 2022 he was appointed as the Chief Justice of the High Court.
Justice Bhandari who was appointed the Chief Justice of Madras High Court on 14th Feb 2022 is set to retire on 13th September 2022.
Recently, Justice Mr. M Duraiswamy, who is the senior-most judge of the Madras High Court has been appointed as the Acting Chief Justice of Madras High Court.

CURRENT AFFAIRS: DEFENCE NEWS

Indian Navy launches stealth frigate Taragiri, built by Mazagon Dock Shipbuilders Ltd

The Indian Navy launched Taragiri, the Third Stealth Frigate of P17A in Mumbai, Maharashtra by Mazagon Dock Shipbuilders Limited (MDL).
Taragiri has been named after a hill range in the Himalayas situated at Garhwal, Uttarakhand.
The ship was named Charu Singh, President Navy Wives Welfare Association (NWWA) in Mumbai & it is expected to be delivered by August 2025
Vice Admiral Ajendra Bahadur Singh, Flag Officer Commanding-in-Chief, Western Naval Command was the Chief Guest.
The frigate is designed by the Indian Navy’s in-house design organization, the Bureau of Naval Design.

Key Features ofTaragiri :

Launch weight: approximately 3510 Tons.
Length & Width : 149.02 M long & 17.8 M wide ship
It is propelled by a CODOG combination of two Gas Turbines and two Main Diesel Engines.
Speed: 28 knots
Displacement: approx. 6670 Tons

About Taragiri :

It will have state-of-the-art weapons, sensors, an advanced action information system, an integrated platform management system, world-class modular living spaces, a sophisticated power distribution system, and a host of other advanced features.
The steel used in Hull construction of P17A frigates is indigenously developed DMR 249A which is a low carbon micro-alloy grade steel manufactured by Steel Authority of India Limited (SAIL).
It will be fitted with a supersonic surface-to-surface missile system.
Two 30 mm rapid-fire guns will provide the ship with close-in-defense capability while a Super Rapid Gun Mount (SRGM) Gun will enable her to provide effective naval gunfire support.
A total of 7 ships, under the P17A program with 4 at MDL and 3 at GRSE are still under construction.
The first ship of Project 17A, ‘Nilgiri’, was launched on September 28, 2019, and is expected for sea trials in the first half of 2024.
The second ship of the ‘Udaygiri’ class under the project was launched on May 17 2022 & it is expected to start sea trials during the second half of 2024.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

Scientists discover two new “super-Earth” planets just 100 light-years away

An international research team has just announced the discovery of two “super-Earth” planets orbiting LP 890-9, a small, cool star located about 100 light-years from
The star, also called TOI-4306 or SPECULOOS-2, is the second-coolest star found to host planets, after the famous TRAPPIST-1.

The goal of SPECULOOS :

To search for potentially habitable terrestrial planets transiting some of the smallest and coolest stars in the solar neighborhood, such as the TRAPPIST-1 planetary system.
The findings, discovered with NASA’s Transiting Exoplanet Survey Satellite and the University of Liège’s Search for Habitable Planets Eclipsing Ultra-Cool Stars (SPECULOOS), will be published in the journal Astronomy and Astrophysics.

About two “super-Earth” planets :

LP 890-9b, the system’s inner planet, is about 30% larger than Earth and completes an orbit around the star in just 2.7 days.
This first exoplanet was initially identified as a possible planet candidate by NASA’s Transiting Exoplanet Survey Satellite (TESS), a space mission searching for exoplanets orbiting nearby stars.
The second planet, LP 890-9c (renamed SPECULOOS-2c by the SPECULOOS researchers), is similar in size to the first (about 40% larger than Earth) but has a longer orbital period of about 8.5 days.
Super-Earths are a unique class of exoplanet in the solar system that are more massive than our planet but lighter than the ice giants, according to NASA.
They are made by some combination of gas and rock and can get up to 10 times the size of Earth’s mass.
Recently, the super-Earth named TOI-1452 b discovered, orbits a red dwarf star that is also about 100 light years away from our planet.

CURRENT AFFAIRS: SPORTS NEWS

Sikkim to host 3 Ranji Trophy matches for the first time:

For the first time, Sikkim will host three Ranji Trophy matches in December.
At the Mining Cricket Ground near Rangpo, the state will host three northeast teams: Mizoram, Manipur, and Arunachal Pradesh.
The BCCI’s decision to enable Sikkim to host three Ranji matches at home will be a game changer in the promotion of cricket in the state.
Sikkim will play two Cooch Behar Trophy matches and three Col CK Nayudu Trophy matches at Mining, in addition to Ranji Trophy matches.
The Cooch Behar Trophy match versus Assam on November 12 would be Sikkim’s first big domestic encounter.
Following two back-to-back multi-day men’s under-19 matches, Sikkim cricket fans will see their first Ranji Trophy encounter on December 13, when the senior men’s side takes on Manipur in the 2022-23 Ranji Trophy opener.

Max Verstappen defeats Charles Leclerc at Monza for his sixth consecutive victory:

The Formula One Italian Grand Prix was won by Max Verstappen.
Max Verstappen won his first race or finished on the podium in Monza, coming from eighth on the grid to beat Charles Leclerc over the line.
He now leads Charles Leclerc by 116 points in the driver standings after winning a race in which the last six laps were conducted with the safety car after Daniel Riccardo went off the circuit.

CURRENT AFFAIRS: BOOKS AND AUTHOR

Crimson Spring, the newest book by Navtej Sarna, has been nominated for the 2022 JCB Prize for Literature:

Crimson Spring, Navtej Sarna’s latest book, has been longlisted for the JCB Prize for Literature.
It begins with April 13, 1919, the Jalianwalla Bagh massacre, and moves back and forth in time to recreate that era and its aftermath.
After all, “These, therefore, are the facts,” as stated in the Prologue.
Even after a century, the facts speak for themselves.
The before and after are merely history… made up of human activities…
Crimson Spring is a masterwork in writing that weaves history and fiction to illustrate this pivotal moment in Indian history and the changes taking place in the globe around it.
World War I had just finished, Mahatma Gandhi had launched Satyagraha, and the Rowlatt Act had been passed.
The Black Act includes provisions allowing the government to search houses without warrants, arrest people without trials, halt public discussions, and close down media.

CURRENT AFFAIRS: OBITUARIES

Veteran actor and former union minister Krishnam Raju Passes away

Former Union minister and veteran actor Uppalapati Venkata Krishnam Raju has passed away at the age of 83 in Hyderabad, Telangana.

About Krishnam Raju :

He was widely known as “Rebel Star” for his rebellious acting style.
He was the owner of Gopi Krishna Movies
He was elected to the Kakinada and Narasapuram constituencies in the 12th and 13th Lok Sabha for the
He served as a Minister of State for the Ministry of External Affairs in the third Vajpayee Ministry from 1999 to 2004.
He started his film career with the Telugu movie Chilaka Gorinka in 1966.
His last film was the Prabhas-starrer Radhe Shyam.
Raju was the uncle of Baahubali star Prabhas.

Awards & Honors :

Krishnam Raju won five Filmfare Awards Telugu in 1978, 1985, 1987, 1989, & Filmfare Award South in
He received three Government of Andra Presdesh’s Nandi Awards.

Daily CA on September 14:

Every year on September 14, Hindi Diwas or Hindi Day is celebrated to honor Hindi’s use as an official language in India.
The International Dairy Federation’s World Dairy Summit (IDF WDS) 2022 was officially opened by Prime Minister Narendra Modi at the India Expo Center and Mart in Greater Noida.
Since 2013-14, per capita, government spending on healthcare has climbed by 74%.
The 4th Cyber Crime Investigation and Intelligence Summit-2022 are being organized by the Madhya Pradesh Police to advance the skills of police sub-inspectors and senior investigating officers to successfully prevent cybercrimes.
Hindustan Petroleum Corporation Ltd (HPCL) and the Indian Army have partnered to conduct a CSR initiative in Kargil to train and mentor underprivileged lady students.
The Indian economy experienced a resurgence of price pressures in August, with retail inflation rising to 7% from a five-month low in July.
For the first time, Sikkim will host three Ranji Trophy matches in December.
The Formula One Italian Grand Prix was won by Max Verstappen.
Crimson Spring, Navtej Sarna’s latest book, has been longlisted for the JCB Prize for Literature.

In a first of its kind in Nagaland, Naga Mircha (Naga King Chili) Festival 2022 was organized at Seiyhama Village under Kohima district.
The Chief Minister (CM) of Chhattisgarh Shri Bhupesh Baghel will launch a scheme Mukhyamantri Govansh Mobile Chikitsa Yojana.
India’s largest private sector bank, HDFC Bank has become the first bank in the country to issue an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL).
The Life Insurance Corporation of India (LIC) has launched a new non-participating, unit-linked, individual pension plan called LIC’s ‘New Pension Plus’ (NPP).
The largest private lender HDFC Bank has signed a Memorandum of Understanding (MoU) with the Institute of Economic Growth (IEG) to fund a chair to carry out independent research.
Rosneft-owned Nayara Energy has appointed Mr. Prasad K Panicker, director and head of the refinery, as the chairman of the company, effective 3 October 2022.
The National Electoral Commission (CNE) announced that Angola’s incumbent President Mr. João Manuel Gonçalves Lourenço won a second term as the President of Angola after the ruling People’s Movement for the Liberation of Angola (MPLA) party was declared the winner of Angola’s general election.
The Chief Justice of Madras High Court, Justice Mr. Munishwar Nath Bhandari has been appointed as Chairman of the Appellate Tribunal under the Prevention of Money Laundering Act (PMLA).
The Indian Navy launched Taragiri, the Third Stealth Frigate of P17A in Mumbai, Maharashtra by Mazagon Dock Shipbuilders Limited (MDL).
An international research team has just announced the discovery of two “super-Earth” planets orbiting LP 890-9, a small, cool star located about 100 light-years from Earth.
Former Union minister and veteran actor Uppalapati Venkata Krishnam Raju has passed away at the age of 83 in Hyderabad, Telangana.

This post was last modified on September 14, 2022 11:37 am

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