Current Affairs Daily Digest – March 17 2022

Current Affairs Daily Digest – March 17 2022

Current Affairs Daily Digest – March 17 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. UN declares March 15 as the International Day to Combat Islamophobia

The U.N. General Assembly approved a resolution to proclaim March 15 as the International Day to Combat Islamophobia every year, starting from 2022.

The resolution, adopted by the 193-member UN General Assembly, was introduced by Pakistan’s ambassador Munir Akram on behalf of the Organisation of Islamic Cooperation (OIC), on March 15, 2022. It marks the day when a gunman entered two mosques in Christchurch, New Zealand, killing 51 worshippers and wounding 40 others in the terror attack.

2. Axis Bank won ‘Asian Bank of the Year’ at IFR Asia Awards 2021

India’s third-largest private sector bank, Axis Bank has been awarded IFR Asia’s Asian Bank of The Year, for its breadth of coverage and depth of expertise in the Asian investment banking space.

The award acknowledges the bank’s outstanding performance in equity and debt issuance, across all major products and segments. Axis Bank was the only local house to serve as a global coordinator for the record Rs. 183 Bn Paytm IPO, and was also the global coordinator for Macrotech Developers’ Rs. 25 Bn IPO.

3. India entered into world’s top five club in terms of market capitalisation

As per Bloomberg’s recent data on Market capitalization, for the 1st time, India’s equities market has entered the world’s top 5 in terms of market capitalization.

India is ranked 5th with an overall market capitalization of USD 3.21 trillion. The total world market cap stands at USD 109.22 trillion. The US topped the ranking with an overall market cap of USD 47.32 trillion, followed by China (USD 11.52 trillion), Japan (USD 6 trillion) and Hong Kong (USD 5.55 trillion).

4. ISRO successfully tested solid fuel-based booster stage of SSLV

Indian Space Research Organization (ISRO) has successfully completed the ground test of the solid fuel-based booster stage (SS1) of its new Small Satellite Launch Vehicle (SSLV) at Satish Dhawan Space Centre (SDSC), Sriharikota at Andhra Pradesh.

It completes the ground testing of all three stages of the launch vehicle. The vehicle is now ready for its first development flight, which is scheduled for May 2022.

5. Bangladesh top in South Asia in terms of women on board of listed companies

Bangladesh tops the list in South Asia in terms of women on board of listed companies, says a study conducted by International Finance Corporation (IFC) and Dhaka Stock Exchange (DSE).

According to the latest figures, there was an increase in the percentage of women who are independent directors on listed companies from five per cent in 2020 to six per cent, despite the impact of COVID-19, which has disproportionately affected women, said a press release issued by the IFC.

6. ‘Mahatma Gandhi Green Triangle’ Unveiled In Madagascar

Mahatma Gandhi Green Triangle’ has been unveiled in Madagascar to mark Azadi ka Amrit Mahotsav. Ambassador of India to Madagascar, Abhay Kumar celebrated the Azadi ka Amrit Mahotsav by inaugurating a Green Triangle, along with Mayor of Antananarivo Naina Andriantsitohaina.

The word green in the plaque signifies their commitment to sustainable development and saving the environment. The naming of this park as Mahatma Gandhi Green Triangle is an apt tribute to Mahatma Gandhi.

7. Narayan Pradhan named for GD Birla Award for Scientific Research

Professor Narayan Pradhan has been selected for the 31st GD Birla Award for Scientific Research for his outstanding contribution in the field of material sciences. He has provided his expertise in crystal modulations to help design new shapes of these tiny lighting materials.

8. Net-Zero Carbon Emissions by 2050: Mumbai became first South Asian City to set target

Mumbai, Maharashtra announced its detailed framework to ‘zero out carbon emissions by 2050’ and became the first city in South Asia to set such a target. Mumbai’s target is 20 years ahead of India’s target to reach net zero emissions by 2070. Targets also include a 30% reduction in greenhouse gas (GHG) emissions by 2030 and 44% reduction by 2040.

 

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