Current Affairs in English – July 26 2022

July 26 , 2022

National Events:

‘ Dilip Kumar : In the Shadow of a Legend ‘:

A book titled ‘ Dilip Kumar : In the Shadow of a Legend ‘ has been released . The book has been authored by Faisal Farooqui .
It is based on the life of Actor Dilip Kumar , also known as Yusuf Khan . Farooqui is the founder and CEO of Mouthshut.com .

NSE:

Ashishkumar Chauhan has assumed charge as MD and CEO of the National Stock Exchange ( NSE ) .Chauhan earlier resigned as Managing Director and CEO of BSE and was relieved of his roles and responsibilities at the exchange from 25 July 2022 .
An executive management committee of the exchange will be running its affairs till the appointment of the new MD and CEO .

’Smart E-Beat’:

Haryana Chief Minister Manohar Lal Khattar has launched an app – based system for police attendance and real time monitoring of patrolling by personnel in Gurugram .
This app – based system has been introduced in Gurugram under the ‘ Smart Policing Initiative ‘. The ‘ Smart E – Beat ‘ system would cover the area of all the 33 police stations .

OneWeb:

Eutelsat and Bharti Group – backed OneWeb signed an initial merger agreement. The all – cash transaction values OneWeb at $ 3.4 billion , and would be structured as an exchange of OneWeb shares by its shareholders with new shares issued by Eutelsat .
Eutelsat will combine its 36 – strong fleet of geosynchronous ( GEO ) satellites with OneWeb’s constellation of 648 Low Earth Orbit ( LEO ) satellites .

NDDB MRIDA Limited:

Union Minister of Fisheries , Animal Husbandry and Dairying Parshottam Rupala has launched NDDB MRIDA Limited .It is a wholly – owned subsidiary company of National Dairy Development Board to take forward manure management initiatives across the country .
NDDB MRIDA Limited has been established as an Unlisted Public Limited Company under the Companies Act , 2013 on 1st of July 2022 .

IDBI Bank:

RBI have accepted the Centre’s request for allowing non – financial institutions and non – regulated entities to own more than 40 per cent of IDBI Bank . The government and LIC are going to sell 51-74 % of the lender through a strategic divestment .
The IDBI Bank was categorized as a ‘ Private Sector Bank ‘ for regulatory purposes by the Reserve Bank of India with effect from 21 January 2019 .

Kargil Vijay Diwas : 26 July:

Kargil Vijay Diwas is observed every year on July 26 to commemorate India’s victory over Pakistan in the Kargil War in 1999 . During this war , the Indian Army evicted Pakistani intruders and recaptured Tiger Hill and other posts as a part of ‘ Operation Vijay .
Every year , on July 26 , the Prime Minister pays his respects to the soldiers who were martyred in the war .

India’s first brain health clinic:

Karnataka Health Minister Dr K Sudhakar inaugurated India’s first brain health clinic in Bengaluru on 22 July 2022 .It has been launched to diagnose , treat & follow up patients with common neurological disorders .
The clinic was launched under the Karnataka Brain Health Initiative ( Ka – BHI ) at Jayanagar General Hospital . Ka – BHI aims to train doctors to diagnose brain health issues .

CDRI:

The European Investment Bank ( EIB ) has joined the India – led Coalition for Disaster Resilient Infrastructure ( CDRI ) .EIB has joined this coalition as part of efforts to limit the damage caused by climate change .
It will work to promote the development of infrastructure resilient to climate change .CDRI was launched at the UN Climate Action Summit in 2019 at the initiative of India .

U.S firm Panattoni:

S firm Panattoni will invest $ 200 million ( about 1,597 crore ) in India to develop four industrial and logistics parks across major cities as it sees huge growth potential amid rising demand for warehouses .
Panattoni , a global leader in industrial & logistics real estate development debuted in Asian market with India . Panattoni India Development Pvt . Ltd. is headquartered in Bengaluru .

Tripura & North-East Space Application:

Tripura signed an MoU on 25 July 2022 with the North – East Space Application Centre run by the central government’s Department of Space .
The MoU was signed for satellite mapping for resource mobilisation and utilisation including for early – warning systems for natural disasters .
Tripura is the fourth Northeast state , after Assam , Arunachal Pradesh and Meghalaya , to sign this MoU .

ADB & HP:

The Asian Development Bank ( ADB ) has approved a $ 96.3 mn loan to fund safe drinking water and sanitation project in Himachal Pradesh . The loan has been provided under the Himachal Pradesh Rural Drinking Water Improvement & Livelihood Project .
The ADB project will connect 75,800 households to the service , providing an uninterrupted water supply to about 370,000 residents across 10 districts .

US – India Strategic Partnership Forum ( USISPF ):

Former Indian Army Chief General Manoj Mukund Naravane has been honoured by the US – India Strategic Partnership Forum ( USISPF ) for his role in strengthening ties between India and US .
During his time as Chief of Staff , Gen Naravane helped with improving defence partnerships between India & US . He served as the 27th Chief of the Indian Army Staff . Gen Naravane retired on 30 April 2022 .

SAP Labs India & NeGD:

SAP Labs India has partnered with National e – Governance Division ( NeGD ) to launch ‘ SAP Centre for Digital Government ‘ ( SCDG ) in Bengaluru .
At SCDG regular training programmes for government officials will be conducted to build their technical and digital citizenship skills .
NeGD is an Independent Business Division under the Ministry of Electronics & Information Technology . NeGD Founded : 2009.

Canara ail:

Canara Bank on 22 July 2022 launched a mobile banking super app called Canara ail .The banking app would be a one – stop solution with more than 250 features to cater to the banking needs of its customers .
It is aimed to eliminate the need to have multiple mobile apps for availing different banking services . Canara Bank MD & CEO : Lingam Venkat Prabhakar . Headquarters : Bangalore.

President’s Salary and Pension Act, 1951:

Former President Ram Nath Kovind moved out of the President’s House after the end of his tenure and settled in the Government House.
He will be given a monthly pension of Rs 2.5 lakh. According to the President’s Salary and Pension Act, 1951, 50 percent of the salary received by a person during his tenure as the President of the Republic will be given to him as pension.

International Events:

Indian national Indermit:

World Bank has appointed Indian national Indermit Gill as its Chief Economist and Senior Vice President for Development Economics . Mr Gill will succeed American economist Carmen Reinhart in the role and his appointment will be effective September 1 , 2022 .
He is currently Vice President for Equitable Growth , Finance , and Institutions , where he led work on macroeconomics , debt , etc.

Bennu Asteroid:

Scientists from NASA’s OSIRIS – REX have found that the Sun’s heat fractures rocks on Bennu in just 10,000 to 100,000 years .This has revealed that surface regeneration happens a lot quicker on asteroids than on Earth .
This information will help scientists estimate how long it takes boulders on asteroids like Bennu to break down into smaller particles .

IT/Hi-Tech Park:

The foundation stone for the 8th IT / Hi – Tech park built under the Indian Line of Credit was laid at Singra , Natore on 24 July 2022 . This is the 8th park out of 12 IT / Hi – Tech parks under the Indian Line of Credit ( LOC ) extended to Bangladesh .
Foundation stones for 8 Hi – Tech parks have been laid since April 2022 in Keraniganj , Rangpur , Khulna , Barisal , Mymensingh , Jamalpur , Cox’s Bazar and Singra .

Sports Events:

Jonas Vingegaard:

Jonas Vingegaard of Denmark won his first Tour de France title on 24 July 2022 . With this win , Vingegaard has become the first Danish rider to win Tour de France since Bjarne Riis in 1996 .
It was the 109th edition of the Tour de France which began in Denmark , on 1 July and ended in Paris on 24 July .