National & International Appointments
1. Government appoints former SC Judge Hemant Gupta as new Chief of NDIAC
- The Appointments Committee of the Cabinet has approved the appointment of former Supreme Court (SC) Justice, Hemant Gupta as the new chairperson of New Delhi International Arbitration Centre (NDIAC).
- The govt has also appointed Anant Vijay Palli as the part-time members of NIDAC.
- Justice Gupta was served as Chief Justice of the Madhya Pradesh High Court.
- Purpose of NDIAC: To create an independent and autonomous regime for institutionalised arbitration.
Agreement
2. Defence ministry's iDEX-DIO signs its 150th innovation contract
- Innovations for Defence Excellence (iDEX), flagship initiative of Department of Defence Production, has signed its 150th contract in New Delhi.
- The contract was related to an Indian Navy project of the Defence India Start-up Challenge (DISC 7) SPRINT edition.
- The challenge was titled ‘Expendable Mobile Anti-Submarine Warfare Training Target (EMATT) capable of simulating the sound and movement of a submarine’.
- The iDEX framework was launched by the Prime Minister in 2018.
State Affairs
3. J&K LG Manoj Sinha announces 3 New Schemes for J&K
- Lt Governor of J&K, Manoj Sinha has announced three new schemes- (1) Holistic Development of Agriculture & Allied Sectors, (2) Aspirational Towns, and (3) Aspirational Panchayat for J&K.
- Aim: To transform the agriculture economy of the Union Territory putting it on a new trajectory of growth.
- The projects have an outlay of Rs 5013 crores over the next five years.
- These schemes have been approved by the administrative council, chaired by the L-G.
Obituaries
4. Gamaka exponent H.R. Keshava Murthy passes away
- Gamaka exponent, H R Keshava Murthy has been passed away at the age of 89 in Shivamogga district of Karnataka.
- He training in music from his father and later from Venkateshaiah.
- He was honoured with Shantala Natya Sri Award by the Government of Karnataka in 1998 and Padma Shri in 2022 by the Government of India in the field of arts.
- Gamaka: It is a form of storytelling by singing that originated in Karnataka, India.
Banking & Finance
5. IFSCA and CEEW sign MoU to cooperate on sustainable finance
- The International Financial Services Centres Authority (IFSCA) has signed an MoU with the Council on Energy, Environment and Water (CEEW) for mutual assistance and cooperation in the area of sustainable finance.
- India recently launched Mission LiFE (Lifestyle for the Environment) as an India-led global movement to protect and preserve the environment.
- CEEW research has estimated that India’s net zero by 2070 target would require USD 10 trillion in investments.
State Affairs
6. Delhi govt schools to introduce pre lunch 'mini snack' break
- Delhi government has decided to introduce mini snack breaks to battle malnutrition in children.
- According to a circular by the Directorate of Education (DoE), schools have been directed to include a 10-minute mini snack break in the school timetable.
- The mini break should be 2.5 hours before the lunch break.
- Schools have been asked to prepare a weekly planner of snacks offering three food choices every day which may include food items such as seasonal fruits etc.
Science & Technology
7. Nasa formally retires Mars InSight lander after 4-year mission
- Nasa has announced that Mars InSight lander has been retired four years after it touched down on the surface of the red planet.
- It was the first robotic probe, which was specially designed to study the deep interior of a distant world.
- Mission controllers at NASA's Jet Propulsion Laboratory (JPL) concluded that the mission had ended when two consecutive attempts to re-establish radio contact with the lander failed.
- InSight landed on Mars in late November 2018.
Banking & Finance
8. Worldline ePayments India receives RBI nod to act as payment aggregator
- Digital payments services platform, Worldline ePayments India has received in-principle approval from the Reserve Bank of India to act as a payment aggregator (PA).
- The authorisation by the RBI was under the provisions of the Guidelines on Regulation of Payment dated March 17, 2020.
- Payment Aggregator: It is a service provider that integrates various options of online payments together and brings them into one place for merchants.
State Affairs
9. Kerala set to host first International Beach Festival
- Kerala government will host the Bekal International Beach Festival from 24 Dec - 2 Jan 2022 at the Spice Coast, in the far north of Kerala.
- Aim: To revitalise the district’s development by showcasing its potential.
- The festival will be staged at the three venues of Chandragiri, Thejaswini, and Payaswini.
- The event will organised by Bekal Resorts Development Corporation (BRDC) in association with the District Tourism Promotion Council, Kudumbashree, Asmi Holidays.
Honours & Awards
10. Sudeep Sen, Shobhana Kumar won Rabindranath Tagore Literary Prize 2021-22
- The prestigious Rabindranath Tagore Literary Prize 2021-22 has been jointly won by Sudeep Sen and Shobhana Kumar.
- Sudeep Sen has been recognised for Anthropocene: Climate Change, Contagion, Consolation (Pippa Rann Books & Media, 2021).
- While, Shobhana Kumar for her haibun collection A Sky Full of Bucket Lists (Red River, 2021).
The winner receives $10,000 along with a Rabindranath Tagore statuette, while the shortlisted authors each receive $500.
National & International Organizations
11. UI ranks MAHE as most sustainable university in India
- According to the UI Green Metric World University Rankings 2022, Manipal Academy of Higher Education (MAHE) has been topped in India and ranked 121st worldwide for being the most sustainable university.
- In 2022, 1050 universities from 85 countries had been participated.
- Top universities: Wageningen University Research (Netherlands); Nottingham Trent University (UK), University of Nottingham (UK), University of Groningen (Netherlands), Iniversity of California, Davis
Banking & Finance
12. IPL surpasses $10 billion valuation and becomes decacorn
- The total valuation of Indian Premier League (IPL) has been surpassed $10 billion, has evolved into a decacorn.
- According to the D and P Advisory report titled “Beyond 22 Yards” stated that the league is currently worth $10.9 billion.
- According to the reports, the IPL attained the significant milestone after selling its media rights for the years 2023 to 2027.
- In less than 15 years since its beginning, the IPL has reached the milestone.
Sports
13. Viacom18 gets broadcast rights of Olympic Games Paris 2024
- The International Olympic Committee (IOC) has announced that Viacom18 Media Private Limited (Viacom18) has secured the exclusive media rights to broadcast the Olympic Games Paris 2024.
- It has also secured the non-exclusive rights to the Winter Youth Olympic Games Gangwon 2024, in Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka.
- In 2024, Olympics will be hosted by France in Paris, beginning from July 26 to August 11.
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