Current Affairs Daily Digest – March 14 & 15 2022

Current Affairs Daily Digest – March 14 & 15 2022

Current Affairs Daily Digest – March 14 & 15 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 .

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1. Global Investment in Digital Shopping 2021: India ranked 2nd

According to the London & Partners analysis of Dealroom. co-investment data, India is the second-largest global venture capital investment hub for digital shopping companies, growing by a whopping 175% from $8 billion in 2020 to $22 billion in 2021.

On a global scale, India came in second to the US last year, which attracted $51 billion in investment, followed by China at third with $14 billion and the UK at fourth with $7 billion.

2. ISRO organized Young Scientist Programme “YUVIKA” for students

The Indian Space Research Organisation (ISRO) is organizing a special programme for school children called “YUva VIgyani KAryakram” (YUVIKA) or “Young Scientist Programme”. Aimed at creating awareness about emerging trends in science and technology, this programme is expected to encourage more students to pursue research and a career in Science, Technology, Engineering and Mathematics (STEM).

3. J&K Bank bagged National Award for SHG Bank Linkage 2022

Union Minister of Rural Development, Giriraj Singh honoured the Jammu and Kashmir Bank (J&K Bank) with the “National Award for Outstanding Performance for FY 2020-21” in recognition of its best performance in Self-Help Group Bank Linkage. Kirti Sharma, Zonal Head, Delhi, J & K Bank, accepted the award on the bank’s behalf from Union Minister Giriraj Singh.

4. International Day of Action for Rivers 2022

The International Day of Action for Rivers is celebrated every year on the 14th of March. The year 2022 marks the 25th anniversary of the International Day of Action for Rivers.

The day aims to raise awareness about the value and importance of rivers as well as bring together people from across the world to discuss and spread awareness about conserving rivers, river management, pollution, and equitable access to clean and flowing water.

The theme in 2022 is “The Importance of Rivers for Biodiversity”.

5. World Consumer Rights Day celebrates globally on 15th March

World Consumer Rights Day is celebrated on March 15 every year. The day marks an opportunity to urge that all consumers’ rights be recognised and safeguarded, as well as to protest market abuses and social injustices that jeopardise those rights. The day highlights the power of consumers and their rights for a fair, safe and sustainable marketplace for everyone.

This year the International Consumer Rights Day will be celebrated on the theme of “Fair Digital Finance.”

6. German Open Badminton 2022: Lakshya Sen won Silver Medal

Indian Shuttler Lakshya Sen has settled for silver after losing to Kunlavut Vitidsarn of Thailand, 18-21, 15-21, in the men’s singles final at the German Open 2022. The Thai player dominated from start to end, winning the match and the championship in just 57 minutes. German Open is an annual badminton tournament classified as BWF World Tour Super 300 event.

7. Ranjit Rath named as Chairman & MD of Oil India Ltd

Ranjit Rath has been named as the next Chairman and Managing Director of Oil India Limited (OIL). He will replace current chairman and managing director Sushil Chandra Mishra, who will superannuate on June 30, 2022.

Presently Rath is the chairman and managing director of Mineral Exploration Corporation Ltd (MECL). Oil India Limited is the Indian-government owned second-largest crude oil and natural gas producing company, under the Ministry of Petroleum and Natural Gas.

8. LivQuik becomes the first fintech to achieve RBI’s PPI interoperability guidelines

LivQuik, a prepaid payment instrument (PPI) issuer, announced that it has achieved full interoperability for its Prepaid Payment Instruments, as mandated by the Reserve Bank of India. According to the firm, it is also the first PPI issuer to achieve full interoperability. PPI issuers must enable full-KYC wallet interoperability by March 31, 2022, according to RBI rules.

9. SIPRI Report: India emerges as largest importer of arms

The Stockholm International Peace Research Institute (SIPRI) has released its latest report on Trends in International Arms Transfer, 2021. As per the report, India and Saudi Arabia emerged as the largest importers of arms between 2017-21. Both two countries accounted for 11% of all global arms sales. Egypt (5.7%), Australia (5.4%) and China (4.8%) were the next three largest importers respectively in the top 5.

10. Former Zambian President Rupiah Banda passes away

The former President of Zambia, Rupiah Banda has passed away after a two-year battle with cancer. He was 85. Banda had served as the fourth president of Zambia from 2008 and 2011. Banda had held senior diplomatic posts under first President Kenneth Kaunda before being eventually named as vice president in 2006 by then-President Levy Mwanawasa.

11. Fortune India The Next 500 list 2022: RailTel ranked 124th

RailTel Corporation of India Limited (RailTel), owned by the Indian Railways, Ministry of Railways, has ranked 124th in the 8th Edition Fortune India The Next 500 (2022 edition) of top midsize companies operating in India.

It is the only Telecom Public Sector Undertakings (PSU) of the Government of India (GoI) on the list. It was ranked 197 in the 2021 list of top midsize companies operating in India.

12. Sri Lanka receives a US$1 billion line of credit from India to assist pay for crucial imports

The Indian government has issued a USD 1 billion line of credit (LoC) for Sri Lanka to aid in the import of food, necessary products, and medication. On March 15, 2022, Sri Lankan Finance Minister Basil Rajapaksa will visit India to finalise the agreement.

Sri Lanka is currently experiencing a serious economic crisis. India is extending the Line of Control as part of its efforts to aid its neighbouring country in combating the COVID-19 pandemic and mitigating its negative impact on its development aspirations.

13. Mission Indradhanush: Odisha topped in full immunization with 90.5% coverage

According to the National Family Health Survey (NFHS)-5, Odisha became the top state in the list of full immunizations in India with 90.5% coverage under Mission Indradhanush. Intensified Mission Indradhanush 4.0 (IMI) was rolled out on 7 March 2022, in Odisha to provide preventive health care for mothers and children and for boosting full immunization coverage.

14. India’s first medical city ‘Indrayani Medicity’ to set up in Maharashtra

The state government of Maharashtra has announced to set up the country’s first medical city named as ‘Indrayani Medicity’ in Pune, to provide all kinds of specialised treatment under one roof. It will come up in 300-acre of land area in Khed taluka of Pune. The project is estimated to attract investment worth over Rs. 10,000 crore.

15. Ajay Bhushan Pandey appointed as chairman of the NFRA

Ajay Bhushan Pandey has been appointed as the chairman of the National Financial Reporting Authority (NFRA) for a period of 3 years. Pandey, a 1984-batch Maharashtra cadre IAS officer, retired as revenue secretary in February last year.

16. Tamilnadu Petroproducts became world’s first LAB manufacturing company to get BIS certification

TPL (Tamilnadu Petroproducts Ltd.) is the world’s first linear alkylbenzene (LAB) manufacturing company to be certified by the Bureau of Indian Standards (BIS). TPL’s ‘Superlab’ brand is one of the most well-known laboratory brands in the country. TPL’s position as the market leader and the only authorised seller of the chemical in India will be bolstered by the certification. LAB can be used to make biodegradable detergent, making it a more sustainable option than conventional detergent formulations.

17. World Rotaract Day celebrates on 13th of March

World Rotaract Day is celebrated on the 13th of March every year to acknowledge the services provided by the rotaractors across the world.

The theme of World Rotaract Day 2022 is “Rotary Making a Difference”.

World Rotaract Week will be held from 11 March 2022 to 18 March 2022.

18. International Day of Mathematics observed on 14 March 2022

International Day of Mathematics (IDM) is observed globally on the 14th of March every year. It is also known as the Pi Day because the mathematical constant π (pi) can be rounded down to 3.14.

It aims to educate people about the essential role of mathematics in science and technology, improve quality of life, empower women and girls, and contribute to sustainable development. This is a relatively new event that was created just a couple of years back.

The theme for 2022 IDM is “Mathematics Unites!“.

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