Daily Current Affairs updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily Current Affairs Update is the complete bag of the important news that is held all day long.
Top 15 Daily Current Affairs Updates: National & International News
Here is providing below the top 15 important Current Affairs updates with national & international news.
National News
1. India to replace diesel by renewable energy in agriculture by 2024
- Union Power Minister R K Singh has announced that India will achieve zero-diesel use in agriculture and replace fossil fuel with renewable energy by 2024.
- For this, states should develop action plans to achieve the assigned targets and specific agencies dedicated to energy efficiency and conservation.
2. Indian Railways to set up country’s biggest Wrestling Academy
- Ministry of Railways has approved to set up a state-of-art wrestling academy in Indian Railways, at Kishanganj, Delhi.
- The wrestling academy will be the biggest in India and equipped with advanced training facilities to promote the sports of wrestling in the country. The project will be set up at an estimated cost of Rs 30.76 crores.
- According to the ministry, the national transporter has played a key role in promoting wrestling in the country and most of the elite wrestlers in India are from Indian Railways.
International News
3. Canadian Prime Minister Justin Trudeau invokes Emergencies Act for 1st time
- Canadian Prime Minister, Justin Trudeau has invoked never-before-used emergency powers to support provinces in ending the blockades and public disorder that have gripped Ottawa for 18 days at the hands of participants in the so-called “Freedom Convoy.”
- The demonstrations shut a main economic corridor between Canada and the United States for six days before it was reopened on the 13th Feb.
4. Israel became first country to allow drones in civilian airspace
- Israel becomes the first-ever country to allow drone flights in civilian airspace. The certification was issued to the Hermes Starliner unmanned system by the Israeli Civil Aviation Authority and was manufactured and developed by Elbit Systems, an Israeli defence electronics company.
- The UAVs will be used for the benefit of agriculture, the environment, public welfare, economic activity and against crime. For safety reasons, international aviation regulations prohibit uncertified aircraft from flying in civilian airspace, limiting the operation of UAVs to unsegregated airspace.
5. Germany re-elects President Frank-Walter Steinmeier for second term
- German President, Frank-Walter Steinmeier has been re-elected for a second term of five years by a special parliamentary assembly. This is also the final term for Steinmeier, which he won with 71% of the vote.
- The special assembly was made up of the members of parliament of the lower house and representatives of Germany’s 16 states. Steinmeier was first elected as the president on February 12, 2017, with 74% of the vote.
Appointments News
6. Gita Mittal appointed as chairperson of Committee of Administrators to run TTFI
- The Delhi High Court has appointed former Chief Justice of the Jammu and Kashmir High Court, Gita Mittal as the Chairperson of the Committee of Administrators which will run the Table Tennis Federation of India (TTFI).
- The court ordered that all communications on behalf of TTFI with any sportsperson or international sports bodies, will now take place only through the Committee of Administrators and the existing office bearers shall no longer be entitled to discharge any functions.
7. Ilker Ayci named as MD and CEO of Air India
- Ilker Ayci has been appointed as the new CEO and MD of Air India. He will assume his responsibilities on or before 1st April 2022. Ilker Ayci is a former chairman of Turkish Airlines. Ilker is an aviation industry leader who led Turkish Airlines to its current success during his tenure there.
- Ayci was born in Istanbul in 1971. After graduating from the Department of Political Science and Public Administration at Bilkent University, he served as a researcher in the Department of Political Sciences at Leeds University in the U.K.
Agreements News
8. Reliance Jio ties up with SES for satellite-based broadband service
- Reliance Jio has tied up with Luxembourg-based satellite and telecom services provider SES to provide satellite-based broadband communication services in India. Under the agreement, Jio Platforms has formed a joint venture with SES, named as Jio Space Technology Ltd.
- The joint venture will deliver the next generation scalable and affordable broadband services in India, leveraging satellite technology. Jio Platforms Ltd will hold 51 per cent and SES will own a 49 per cent equity stake in the joint venture. The total value of the contract is around $100 million.
Business News
9. Paisabazaar & RBL bank tie-up to offer ‘Paisa on Demand’ credit card
- Paisabazaar.com, a digital platform for consumer credit, has partnered with RBL Bank Limited to offer ‘Paisa on Demand’ (PoD), a credit card that will be exclusively available on the Paisabazaar platform.
- To build products that offer integrated services for the large under-served segments across India. This is the third product under Paisabazaar’s neo-lending strategy.
Banking News
10. CBI finds India’s biggest bank fraud of Rs 22,842 cr, books ABG Shipyard
- Central Bureau of Investigation (CBI) has booked ABG Shipyard for an alleged Rs 22,842-crore financial fraud. ABG Shipyard is the flagship entity of ABG Group. It has cheated a consortium of 28 banks and financial institutions of Rs. 22,842 crore.
- This is the biggest bank fraud case ever registered by the CBI. The case pertained to funds gotten and misused during the 2012-17 period. Rishi Agarwal, the then CMD of ABG Shipyard has been named in the FIR.
11. BoB will acquire Union Bank’s stake in IndiaFirst Life Insurance
- Bank of Baroda will acquire Union Bank of India’s 21% stake in IndiaFirst Life Insurance Company. It is a joint venture between the Bank of Baroda, Union Bank of India, and Carmel Point Investments.
- At present, the shareholding in IFIC is BoB holds 44%, Carmel Point Investments India holds 26% and UBI holds 30%. The acquisition is pursuant to a ‘Right of First Offer’ made by UBI to the existing shareholders of IndiaFirst Life, to divest 21% of its stake in IndiaFirst Life.
Schemes and Committees News
12. Saubhagya Scheme: Rajasthan tops solar electrification Scheme
- Under the Saubhagya scheme, Rajasthan has the maximum number of households electrified through the solar-based standalone system. In hill states of Himachal Pradesh and Sikkim and the Union Territory of Jammu and Kashmir had nil beneficiaries under the initiative.
- Under the Saubhagya Scheme, 2.817 crore households were electrified up to March 31 last year, including 4.16 lakh through solar-based standalone systems.
Ranks and Reports News
13. India ranks 3rd in 9th US Green Building Council
- The US Green Building Council (USGBC) has released the 9th annual ranking of top 10 countries outside of the United States (US) for Leadership in Energy and Environmental Design (LEED) in 2021 in which India ranked 3rd with 146 projects.
- It has been topped by China with 1,077 LEED projects certified in 2021, which is followed by Canada at 2nd position with 205 projects. The ranking highlights countries and regions outside the US that are doing good in healthy, sustainable, and resilient building design, construction, and operations.
Science and Technology News
14. ISRO successfully launches earth observation satellite, EOS-04
- Indian Space Research Organisation (ISRO) successfully launched an Earth Observation Satellite, EOS-04 and two small satellites into the intended orbit. This was the first launch mission of ISRO in the year 2022.
- The satellites were launched onboard the launch vehicle PSLV-C52 rocket from the First Launch Pad of Satish Dhawan Space Centre at Sriharikota in Andhra Pradesh.
Books and Authors News
15. A book titled ‘How to Prevent the Next Pandemic’ by Bill Gates
- A book titled ‘How to Prevent the Next Pandemic’ has authored by Bill Gates will be published this year in May 2022.
- In the book Bill Gates has written about specific steps that can only stop future pandemics but, in the process, provide better health care for everyone around the world.
