Current Affairs Daily Digest – March 29 2022

Current Affairs Daily Digest – March 29 2022

Current Affairs Daily Digest – March 29 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. NARCL received a Rs 108.81 crore investment from Bank of India

On March 21, the Bank of India (BoI) announced a Rs 109 crore investment in National Asset Reconstruction Company Ltd. (NARCL). In a regulatory statement, the bank stated, “We thus announce that on March 21, 2022, the bank invested Rs 108.81 crore in National Asset Reconstruction Company Ltd (NARCL) under preferential share issue.”

2. SIDBI partnered with Meghalaya to grow the MSME ecosystem

The Small Industries Development Bank of India (SIDBI), a financial institution for Micro, Small and Medium Enterprises (MSME), has announced that it has signed a Memorandum of Understanding (MoU) with the Government of Meghalaya’s Meghalaya Infrastructure Development and Finance Corporation Ltd. [MiDFC] to develop the state’s MSME ecosystem.

3. Shashi Sinha named as new Chairman of Broadcast Audience Research Council India

The board of Broadcast Audience Research Council (BARC) India has elected IPG Mediabrands India CEO Shashi Sinha as the new chairman.

He will take over from Punit Goenka, who served as chairman of the TV viewership measurement agency for the last three years. Sinha, who also represents the Advertising Agencies Association of India as its board member, has played a key role in the formation of BARC.

4. PVR & INOX Leisure announced merger combined entity to be called PVR Inox Ltd

Multiplex companies INOX Leisure Ltd and PVR Ltd have announced the merger of their two companies. Inox will have a 16.66% stake in the new firm and PVR will have a 10.62% stake. After the formalities of the merger, the company will be known as PVR Inox Limited.

Ajay Bijli will be Managing Director of PVR Inox Limited, Sanjeev Kumar will be executive director and Pavan Kumar Jain will be non-executive chairman of the consolidated board.

5. The men’s and women’s team has won gold in the National Cross Country Championship

In Kohima, Darshan Singh of the Services and Varsha Devi of the Railways finally defended their men’s and women’s titles in the National Cross Country Championships by winning their 10 Km events on the picturesque but difficult course, which was made more difficult by 60 per cent humidity and wind gusts.

6. India’s Namit Malhotra on Oscars win for Dune

This year’s Oscars was named to Dune as the Timothee Chalamet and Zendaya starrer sci-fi thriller bagged six wins. Dune was nominated in 10 categories and it won in 6 of them.

This win was a proud moment for India as Namit Malhotra, the CEO and Chairman of Double Negative (DNEG), the studio that did the VFX for the film, brought home this honour.

7. RBI Governor dedicates Varnika Ink Manufacturing Unit of BRBNMPL

Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) has set up an Ink Manufacturing Unit named “Varnika” at Mysuru, Karnataka, with an annual ink manufacturing capacity of 1,500 MT to enhance the security of banknotes.

Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) a wholly-owned subsidiary of RBI. Shaktikanta Das (Governor of RBI) has dedicated “Varnika”, the Ink Manufacturing Unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) to the nation.

8. Shaktikanta Das lays Foundation Stone of Learning and Development Centre of BRBNMPL in Mysuru

Governor of Reserve Bank of India (RBI), Shaktikanta Das has laid the foundation stone for the establishment of a Learning and Development Centre (LDC) of the Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) in Mysuru, Karnataka. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) is a wholly-owned subsidiary of RBI.

9. India’s first steel road featured in Gujarat

Surat, Gujarat, features a road created entirely of steel waste, which is one of the best instances of sustainable development. ArcelorMittal Nippon Steel India collaborated on the steel slag road with the Council of Scientific and Industrial Research (CSIR) India, the Central Road Research Institute (CRRI), and the government think tank Niti Aayog.

10. US, Philippines kick off ‘Balikatan 2022’ largest-ever military drills

The United States military and the military of the Philippines kicked off the military drill Balikatan 2022. The Philippine-led annual exercise will take place across Luzon in the Philippines region near Taiwan, from March 28 to April 8, 2022.

Around 8,900 Filipino and American troops are participating in the military drill, making it the largest Balikatan military exercise ever.

11. DRDO successfully test-fire Indian Army “MRSAM” Missile

The Defence Research and Development Organisation (DRDO) has conducted two successful flight tests of the Indian Army version of Medium Range Surface to Air Missile (MRSAM) against high-speed aerial targets at Integrated Test Range, Chandipur off the coast of Odisha.

The first test launch was to intercept a medium-altitude long-range target and the second launch was for a low altitude short-range target. The Indian Army version of MRSAM is a Surface-to-Air Missile. It has been developed jointly by DRDO and Israel Aerospace Industries (IAI), Israel.

12. Actress Deepika Padukone named in inaugural TIME100 Impact Award

Bollywood actress Deepika Padukone has been named as one of the awardees of the TIME100 Impact Awards 2022. The actress has got featured on the inaugural TIME100 Impact Awards list for her work in mental health struggles and raising awareness, through her LiveLoveLaugh Foundation.

The award recognizes global leaders who have gone above and beyond to move their industries and the world forward. Apart from Deepika, six other global leaders have also been honoured with the award. The awards were presented at the Museum of the Future in Dubai.

13. Pramod Sawant takes oath as Chief Minister of Goa for 2nd term

Pramod Sawant took oath as the Chief Minister of Goa on March 28, 2022, for the second straight five-year term. Sawant led the BJP in the recently concluded 2022 Goa Assembly elections and won 20 seats in the 40-member Goa Assembly.

Mr Sawant was administered the oath by Governor PS Sreedharan Pillai at the Dr Syama Prasad Mookerjee stadium near Panaji.

14. Maltese PM Robert Abela sworn in after landslide election win

The Prime Minister of Malta, Robert Abela has been sworn in for a second term after his ruling Labour Party won the 2022 general election in a landslide victory.

He was administered the oath of office by President George Vella. Abela was first sworn in as prime minister in January 2020 after the former Labour Party leader and prime minister Joseph Muscat resigned.

15. Max Verstappen wins 2022 Saudi Arabian Grand Prix

Max Verstappen (Red Bull – Netherlands) has won the Formula One 2022 Saudi Arabian Grand Prix at Jeddah Corniche Circuit, Saudi Arabia. Charles Leclerc (Ferrari- Monaco) came second and Carlos Sainz Jr. (Ferrari – Spain) came third.

It was the second edition of the Saudi Arabian Grand Prix and the second round of the 2022 Formula One World Championship. Lewis Hamilton managed to get a point on the board after coming 10th.

16. Indian American Raj Subramaniam to be new FedEx CEO

Indian American Raj Subramaniam was named the new Chief Executive Officer of FedEx on March 28, 2022.

He will be succeeding FedEx founder and current Chairman and CEO Frederick W Smith, who will be stepping down from the position on June 1. Raj Subramaniam will now be FedEx’s new Executive Chairman.


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