Daily Current Affairs for MBA Exams: 27th September 2022

By Anjali Chowdhury|Updated : September 27th, 2022

 National & International Appointments

1. Dilip Asbe re-appointed as MD and CEO of NPCI for five years

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  • The National Payments Corporation of India (NPCI) has approved the re-appointment of Dilip Asbe as the Managing Director and Chief Executive Officer for a period of five years with effect from January 8, 2023.
  • He took charge as MD & CEO of NPCI in January 2018.
  • Prior to this, he was the chief operating officer of NPCI for 5 years.
  • NPCI was founded in 2008.
  • It is an umbrella organisation which operates the country's retail payment and settlement systems.

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 National & International Appointments

2. Former hockey captain, Dilip Tirkey elected as Hockey India president

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  • Dilip Tirkey (former India hockey captain) was unanimously elected as Hockey India (HI) president.
  • He was member of the gold medal-winning team at the 1998 Asian Games.
  • He has a record 412 international matches as a defender in his career spanning more than 15 years.
  • He represented India at the Olympic Games in Atlanta in 1996, Sydney in 2000, and Athens in 2004.
  • Bhola Nath Singh was elected the secretary general.

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 Banking & Finance

3. TerraPay, NPCI International tie-up to enable cross-border transactions

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  • TerraPay has partnered with NPCI International Payments Limited (NIPL), the international arm of National Payments Corporation of India (NPCI).
  • Reason: To allow Indian customers and merchants with an active UPI ID to make and accept cross-border payments.
  • Both organisations are intend to fortify UPI payments & QR solutions to extract their maximum potential.
  • The partnership will further increase the use of UPI and QR for cross-border merchant payments. 

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 National & International Appointments

4. RailTel Corp appoints Sanjai Kumar as its MD & chairman

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  • Sanjai Kumar has been appointed as the Chairman & Managing Director of RailTel.
  • He was currently working as director of networking, planning & marketing at the company.
  • He is an officer of the Indian Railway Service of Signal Engineers (IRSSE1).
  • RailTel is a "Mini Ratna (Category-I)" Central Public Sector Enterprise is an information and communications technology (ICT) provider.
  • As on 30 June 2022, the Government of India holds 72.84% stake in the company.

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 Banking & Finance

5. Nirmala Sitharaman to launch e-learning platform Bharat Vidya

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  • Nirmala Sitaraman to launch the Bharat Vidya, an online platform for Oriental and South Asian Studies.
  • This platform is designed and developed by the Bhandarkar Oriental Research Institute (BORI).
  • This is a first-of-its-kind online platform that offer both free and paid courses covering various aspects of Indology about art, architecture, philosophy, language, and science.
  • BORI will collaborate with Indian and Foreign universities for awarding credits for its courses.

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 Banking & Finance

6. UCO Bank becomes first lender to get RBI's approval for rupee trade

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  • UCO Bank has received the Reserve Bank of India’s (RBI’s) approval to open a special vostro account with Gazprombank of Russia for trade settlement in Indian rupees.
  • This is the first bank to receive RBI's approval after the RBI’s decision to allow Indian banks to settle trade in Indian currency in July.
  • Gazprombank of Russia was set up by world’s largest gas producer and exporter Gazprom.
  • Aim: To provide banking services for gas industry enterprises

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 Obituaries

7. Oscar-winning actress, Louise Fletcher passes away

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  • An Oscar winning actress, Louise Fletcher has been passed away at 88 in France.
  • She was awarded the Oscar in 1976 for her role as Nurse Ratched in One Flew Over the Cuckoo's Nest (1975).
  • She was also a recipient of BAFTA Award, and a Golden Globe Award.
  • She was nominated for two Emmy Awards for her roles in the television series Picket Fences (1996) and Joan of Arcadia (2004).
  • Her final role was as Rosie in the Netflix series Girlboss (2017).

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 State Affairs

8. Assam to use portable device 'SAANS' to stop neonatal deaths

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  • The Assam government has decided to use the air pressure machine named 'SAANS'.
  • 'SAANS' is a portable neonatal Continuous Positive Air Pressure (CPAP) system.
  • It can provide lifesaving breathing support to infants in hospital settings as well as during travel.
  • It is developed by a Bangalore-based start-up, InnAccel Technologies.
  • For the development of the machine, InnAccel Technologies has joined hands with the SAMRIDH Healthcare Blended Finance Facility.

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 State Affairs

9. Nagaland govt to launch its own health insurance scheme CMHIS

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  • Nagaland Government to launch its own health insurance scheme called the Chief Minister’s Health Insurance Scheme (CMHIS) on 1st of October.
  • Aim: To reduce out-of-pocket expenditure on hospital care for all bonafide citizens of the state.
  • It provides free health insurance coverage of up to five lakh rupees per family per year.
  • It will cover State government employees and pensioners and all the Indigenous and or Permanent residents of the State.

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 National & International Organizations

10. Adani tops the IIFL Wealth Hurun India Rich List

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  • As per the IIFL Wealth Hurun India Rich List 2022, Gautam Adani has topped the list with an estimated wealth of Rs. 10,94,400 crore.
  • While, Mukesh Ambani has been named as the 2nd richest in India with an estimated wealth of Rs. 7,94,700 crore.
  • Nykaa Founder & CEO, Falguni Nayar became India’s richest self-made woman, surpassed Biocon chief, Kiran Mazumdar-Shaw in net worth.
  • She is also the richest female in India, followed by Rekha Jhunjhunwala of Rare Enterprises.

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