Current Affairs

5^th August 2022

3rd Anniversary of The Abrogation Of Article 370

05th August is the third anniversary of the abrogation of Article 370. It is on this day in August 2019, when provisions of Article 370, which gave special status to the erstwhile state of Jammu and Kashmir, was abrogated by the Union Government.

Goa Police and blockchain network 5ire agree to work to build smart policing

In order to digitise its operations, Goa Police declared that it had inked an agreement (MoU) with Level-1 blockchain network 5ire. To read more, click here.

World’s largest floating solar power plant going to be built in Khandwa, MP

The world’s largest floating solar power plant is going to be built at Khandwa in Madhya Pradesh.

Quality Council collaborates with National Health Authority

In order to accredit and rate HMIS (Health Management Information System) and LMIS (Laboratory Information Management System) solutions that have been integrated with the Ayushman Bharat Digital Mission, the National Health Authority (NHA) has onboarded the Quality Council of India (QCI) for six months.

Oil India named Ranjith Rath as new Chairman & MD

Ranjit Rath has taken over as the Chairman and Managing Director (CMD) of state-run Oil India Ltd (OIL).

Ravinder Takkar named as Chairman of Vodafone Idea

Ravinder Takkar, the managing director (MD) and chief executive officer (CEO) of telecom operator Vodafone Idea Limited (Vi).

Fintech platform BharatPe named Nalin Negi as new CFO

Nalin Negi has been appointed as the new chief financial officer (CFO) of Fintech startup BharatPe.

Agreement Between NPCI and IIT Kanpur for Research Collaboration

A Memorandum of Understanding (MoU) between the National Payments Corporation of India (NPCI) and the Indian Institute of Technology (IIT), Kanpur, paves the way for the exchange of creative ideas and collaboration on the creation of homegrown digital payment solutions.

IOCL and Bangladesh ink MoU to supply emergency petroleum products

A Memorandum of Understanding (MoU) for the emergency delivery of petroleum products via Bangladeshi territory to India was signed by the Indian Oil Corporation Limited (IOCL) and the Bangladesh Roads and Highways department in Dhaka.

Amazon India signed an agreement with Indian Railways to boost delivery

Amazon India has engaged with the Railway of India to boost its delivery services in the country.

Points to remember:

Amazon Founder: Jeff Bezos

Amazon CEO: Andy Jassy

Amazon HQ: Seattle, Washington, United States

Amazon Formed: 5 July 1994

NIESBUD tie-up with Hindustan Unilever Ltd to develop entrepreneurial skills

National Institute for Entrepreneurship and Small Business Development (NIESBUD) and Hindustan Unilever Limited (HUL) signed a memorandum of understanding (MoU) for developing entrepreneurial skills among the youth and identifying other aspects for mutual collaboration.

4th RBI Monetary Policy review: Repo rate raised by 50 bps

The Reserve Bank of India has retained its retail inflation forecast for the current fiscal year at 6.7 per cent. It has increased the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 5.40 per cent with immediate effect. To read more, click here.

India’s Trade Deficit At Record High: 31 billion Dollar

India’s trade deficit widened to a record $31.02 billion in July, as imports of goods surged despite curbs and merchandise exports contracted for the first time in 20 months.

India-US Armies to hold mega military exercise “Yudh Abhyas” in Uttarakhand’s Auli

The Indian Army and the US Army will conduct the 18th edition of the fortnight-long mega military exercise “Yudh Abhyas” from October 14 to 31, 2022, at Auli in Uttarakhand.

Bihar’s Langat Singh College astronomy lab included in the Unesco heritage list

The astronomical observatory at the Langat Singh College, commonly known as L. S. College, Muzaffarpur, Bihar is now included in the UNESCO list of Important Endangered Heritage observatories of the world.

Commonwealth Games 2022: Sudhir won the gold medal in men’s heavyweight para powerlifting

Sudhir claimed the gold medal in the men’s heavyweight para powerlifting event at the Commonwealth Games 2022

Commonwealth Games 2022: Murali Sreeshankar wins silver in long jump

Murali Sreeshankar has clinched a silver in the men’s long jump to give India its second medal in athletics at the Commonwealth Games 2022.