Honours & Awards
1. Former PM Manmohan Singh conferred Lifetime Achievement Honour in UK
- Former PM Dr Manmohan Singh (India) was conferred a Lifetime Achievement Honour by the India-UK Achievers Honours in London.
- He was awarded for his contribution to economic and political life.
- It was handed over to him in New Delhi by the National Indian Students and Alumni Union (NISAU) UK.
- Living Legend Honour: Lord Karan Bilimoria and Opposition Labour Party MP Virendra Sharma
- Outstanding Achievers: Parineeti Chopra, Raghav Chadha, Adar Poonawalla, and Aditi Chauhan
National & International Appointments
2. UPSC recommends Rajeev Singh Raghuvanshi as new DCGI
- The Union Public Service Commission (UPSC) has recommended Dr Rajeev Singh Raghuvanshi as the new Drugs Controller General of India (DCGI).
- The recommendation will be approved by the Health Ministry, followed by approval of the Appointments Committee of Cabinet (ACC) led by PM Narendra Modi.
- He will replace Dr. V G Somani, whose extended tenure will be ended in February 2023.
- Dr. Somani was appointed DCGI for three years on August 14, 2019.
Agreement
3. Reliance, Maliban Biscuit Manufactories sign for strategic partnership
- The FMCG arm of Reliance Retail Ventures Limited, Reliance Consumer Products Limited (RPCL) has signed a strategic partnership with Sri Lanka’s Maliban Biscuit Manufactories.
- Reason: To bring the unique and highly sought-after taste of Maliban to Indian consumers.
- With this partnership, both organizations will develop unique value propositions that RPCL will utilize to strengthen their portfolio in the biscuit segment.
- Reliance Industries Limited: Mukesh Ambani
International Affairs
4. US-India Initiative on Critical and Emerging Technologies launched
- National Security Advisor Ajit Doval and his US counterpart Jake Sullivan launched the US-India initiative on Critical and Emerging Technology (iCET) and Innovation Bridge.
- The iCET was announced by US President Joe Biden and PM Narendra Modi in May 2022.
- Aim: To elevate and expand strategic technology partnerships and defense industrial cooperation between governments and businesses
- Innovation Bridge will connect both countries' defense startups.
Banking & Finance
5. GST collection at Rs 1.55 Lakh Crore in January 2023
- The Indian government collected Rs 1,55,922 crore GST in January 2023.
- The CGST is Rs 28,963 crore, SGST is Rs 36,730 crore, IGST is Rs 79,599 crore, and cess is Rs 10,630 crore.
- The GST collection in January 2023 is the second highest, after the Rs 1.68 lakh crore gross mop-up reported in April 2022.
- The revenues in the current financial year up to January 2023 are 24% higher than the GST revenues in January 2022.
- GST Day: 1st July
Summits & Conferences
6. First G20 education working group meeting begins in Chennai
- The first G20 Education working group meeting is being organized in Chennai on 1st Feb 2023 and will continue till 2nd Feb 2023.
- The Minister of State for Information and Broadcasting, Dr. L. Murugan inaugurated the session.
- Discussion topic: K-12 education, tech-enabled learning, and skill development
- A seminar on the ‘Role of Digital Technology in Education’ – a unique initiative under India’s Presidency was organized at the IIT Madras Research Park.
Obituaries
7. Former Law Minister, Shanti Bhushan passes away
- Former Union Law Minister and veteran lawyer, Shanti Bhushan passed away at the age of 97 in New Delhi.
- He served as the law minister of India under the Morarji Desai government from 1977 to 1979.
- He was best known for successfully arguing for setting aside the election of Indira Gandhi in 1975.
- In his political career, he was a member of Congress and later joined the Janata Party.
- He also served as a Rajya Sabha member from 14 July 1977 to 2 April 1980.
International Affairs
8. UK to be the country partner for BioAsia 2023
- The global business firm, BioAsia has selected the United Kingdom (UK) as its country partner for the 20th edition of the largest event in the biotechnological industry of Asia.
- Theme 2023: Advancing for ONE: Shaping the next generation of humanized healthcare.
- ‘O’ in ONE stands for One Health
- ‘N’ in ONE stands for Next Generation Health
- ‘E’ in ONE stands for Equity
- BioAsia 2023 will be organized from February 24 to 26 in Hyderabad, Telangana.
National Affairs
9. Adani Group acquires Haifa port for $1.2 bn
- The Adani Group has acquired the strategic Israeli port of Haifa for USD 1.2 billion.
- The deal was signed by Adani Group chairman Gautam Adani in presence of Israeli PM Benjamin Netanyahu.
- The Haifa Port is the second largest port in Israel in terms of shipping containers and the biggest in shipping tourist cruise ships.
- The Adani group will also develop real estate at the port to transform the Haifa skyline.
- Israel Capital: Jerusalem
Banking & Finance
10. New India Assurance launches ‘Pay As You Drive’ vehicle insurance policy
- The New India Assurance has launched “Pay as You Drive” policy for vehicles.
- It is a comprehensive motor insurance policy that charges premiums based on the usage of the vehicle.
- The policy has two components - third-party cover and own-damage cover.
- This policy offered features like discounts on renewals, coverage beyond the distance limit, and enhanced protections.
- The discount will be applied to the basic own damage premium.
- NIA Chairman: Neerja Kapur
Banking & Finance
11. RBI: Number of micro ATMs increases in 2022
- According to data, released by the RBI, as of December 2022, the total number of micro ATMs across the country has reached 14.19 lakh.
- But, there has been no significant surge in the value of money withdrawn through these devices since June 2022
- There were just about 3.56 lakh micro ATMs in India in 2020
- The cash withdrawal in Dec 2021 was ₹25.2-lakh crore.
It grew to only about ₹25.5-lakh crore by November 2022 - The data for cash withdrawal for December was not released
National Affairs
12. Night Time Light radiance in India rose 43% in last 10 years: Report
- According to the latest data from the Indian Space Research Organisation (ISRO), the normalized Night Time Light (NTL) radiance in India has jumped to 43% in 2021 as compared to 2012.
- The night light is used by economists to track the economic growth of regions across the globe.
- Bihar (474%), Manipur (441%), Ladakh (280%), and Kerala (119%) have shown significant growth.
- While a good increase was observed in Arunachal Pradesh, MP, UP, and Gujarat.
National Affairs
13. India's solar module manufacturing capacity to reach 95 GW by 2025: Report
- According to the research firm, Mercom Capital, the solar module manufacturing capacity of India would reach approximately 95 GW by the end of 2025.
- The solar module manufacturing capacity as of September last year was 39 gigawatts (GW).
- Report title: State of Solar PV Manufacturing in India
- Indian PV manufacturers are strategically poised to expand their production capacities and adopt new technologies
- The US-based Mercom Capital Group is a clean energy research firm.
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