Current Affairs Daily Digest – January 03 2022

Current Affairs Daily Digest – January 03 2022

Current Affairs Daily Digest – January 03 2022. Read and Download daily, monthly Current Affairs Daily Digest 2021 for competitive exams like UPSC, SSC, IBPS, SBI etc,. Download month wise Current affairs 2021 PDF and Current affairs quiz PDF .

Latest Current Affairs


1. SBI Card joined hands with Paytm for Card Tokenization

SBI Cards and Payment Services has tied up with Paytm for card tokenisation to protect the data of the cardholders.

SBI Card has collaborated with Paytm to enable cardholders to tokenise their cards on devices and make payments through Paytm.

Tokenisation refers to masking the original card number by replacing it with a set of unique characters, termed as token, which secures the customer’s card details when a transaction is under process.

2. Baldev Prakash named as MD & CEO of J&K Bank

Baldev Prakash has been appointed as the Managing Director & Chief Executive Officer (MD & CEO) of Jammu & Kashmir Bank for three years.

His appointment will be effective from the date of taking charge or April 10, 2022, whichever is earlier. Apart from him, R K Chhibber has been appointed as an additional director on the board of the bank.

3. Tech Mahindra to acquire 100 percent stake in Allyis India, Green Investments

Tech Mahindra has approved a proposal for the acquisition of a 100 per cent stake in Allyis India and Green Investments, for a total consideration of up to USD 125 million.

The acquisition will bolster Tech Mahindra’s capabilities in Digital Experience Solutions, Learning & Development, Marketing, Instructional Design; Engineering: Cloud & Automation, BI & Analytics, Technical support services.

4. 1st electric boat built for Kochi Water Metro Project

In Kerala, the first battery-powered electric boat built for the Kochi Water Metro Project was handed over to the Kochi Metro Rail Limited.

The fully air-conditioned boat is among the 23 boats being built by the Cochin Shipyard for the 747-crore rupee Kochi Water Metro project. Kochi Water Metro system will have 78 ferries, linking 38 terminals spread over 76 route kilometres.

5. V.S Pathania takes over as Director-General of Indian Coast Guard

V.S. Pathania took over as the 24th Director General (DG) of the Indian Coast Guard from Krishnaswamy Natarajan who retired from service.

He is an alumnus of Defence Services Staff College, Wellington and National Defence College, New Delhi. He was elevated to the rank of Additional Director General in Nov 2019 and took over the reins as Coast Guard Commander (Eastern Seaboard) at Visakhapatnam.

6. Sri Lanka’s Financial Crisis

According to World Bank’s Sri Lanka Development Update (SLDU), Sri Lanka is facing an acute economic crisis because of job & earning losses, and high food inflation.

Inflation has been increased due to printing of money by government to pay off foreign bons and domestic loans.
As per World Bank, share of people living under poverty line is expected to increase by 11.7 per cent since the onset of covid-19 pandemic.

7. Major Dhyan Chand Sports University: PM Modi lays foundation stone in Meerut

Prime Minister Narendra Modi laid the foundation stone of Major Dhyan Chand Sports University in Meerut, Uttar Pradesh on January 2, 2022. The sports university has been set up at Salawa and Kaili villages of Sardhana town in Meerut at an estimated cost of Rs 700 Crore.

8. India Aids Afghanistan

India donated 500,000 doses of Covid-19 vaccines to Afghanistan on January 2, 2021, and will send another 500,000 doses in the coming days as part of humanitarian aid.

On December 11, 2021, India sent 1.6 megatons of life-saving medications to a Kabul hospital. The World Health Organization was involved in the distribution of these medications.

9. One Nation-One Grid-One Frequency

As part of the Azadi Ka Amrit Mahotsav, PowerGrid Corporation Limited commemorated the achievement of “One Nation One Grid.”

On this occasion, Free health check-ups and medical camps were organized across 70 locations. India’s total multi-transmission capacity is currently around 1,12,250 MW. By 2022, it is expected to increase to around 1,18,740 MW.

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