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Latest Current Affairs 2022: 17th March Daily GK update

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 17 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. Nitin Gadkari inaugurates Toyota “Mirai” India’s first Green Hydrogen Fuel Cell EV

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  • Union Minister for Road Transport and Highways, Nitin Gadkari has inaugurated the world’s most advanced technology-developed Green Hydrogen Fuel Cell Electric Vehicle (FCEV) Toyota Mirai at New Delhi.
  • Toyota Mirai is India’s first Fuel Cell Electric Vehicle (FCEV), which is completely powered by Hydrogen. Toyota Mirai has been launched by Toyota Kirloskar Motor Pvt Ltd and International Center for Automotive Technology (ICAT) under a pilot project, to study and evaluate the performance of Toyota Mirai on Indian roads and climatic conditions.

International News

2. ‘Mahatma Gandhi Green Triangle’ Unveiled In Madagascar

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  • Mahatma Gandhi Green Triangle’ has been unveiled in Madagascar to mark Azadi ka Amrit Mahotsav. Ambassador of India to Madagascar, Abhay Kumar celebrated the Azadi ka Amrit Mahotsav by inaugurating a Green Triangle, along with Mayor of Antananarivo Naina Andriantsitohaina.
  • The word green in the plaque signifies their commitment to sustainable development and saving the environment. The naming of this park as Mahatma Gandhi Green Triangle is an apt tribute to Mahatma Gandhi.

3. Bangladesh top in South Asia in terms of women on board of listed companies

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  • Bangladesh tops the list in South Asia in terms of women on board of listed companies, says a study conducted by International Finance Corporation (IFC) and Dhaka Stock Exchange (DSE).
  • According to the latest figures, there was an increase in the percentage of women who are independent directors on listed companies from five per cent in 2020 to six per cent, despite the impact of COVID-19, which has disproportionately affected women, said a press release issued by the IFC.

States News

4. Net-Zero Carbon Emissions by 2050: Mumbai became first South Asian City to set target 

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  • Mumbai, Maharashtra announced its detailed framework to ‘zero out carbon emissions by 2050’ and became the first city in South Asia to set such a target. Mumbai’s target is 20 years ahead of India’s target to reach net zero emissions by 2070.
  • Targets also include a 30% reduction in greenhouse gas (GHG) emissions by 2030 and 44% reduction by 2040. Mumbai set several short-term goals for decarbonisation measures such as electrifying public transport, it plans to adopt 2,100 electric buses by 2023 at a cost of 130 billion rupees (USD $1.7 billion).

Economy News

5. Rs 1.42 lakh crore budget for Jammu and Kashmir for FY 2022-23, presented by Finance Minister Nirmala Sitharaman

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  • In the Lok SabhaFinance Minister Nirmala Sitharaman proposed a Rs 1.42 lakh crore budget for the union territory of Jammu and Kashmir for the fiscal year 2022-23, despite opposition pleas for more time to review the plans.
  • Sitharaman also tabled the Union Territory’s additional demands for the fiscal year 2021-22, totaling Rs 18,860.32 crore, and moved a resolution to suspend certain norms to allow the House to take up the debate on the same day.

6. India entered into world’s top five club in terms of market capitalisation

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  • As per Bloomberg’s recent data on Market capitalization, for the 1st time, India’s equities market has entered the world’s top 5 in terms of market capitalization. India is ranked 5th with an overall market capitalization of USD 3.21 trillion. The total world market cap stands at USD 109.22 trillion.
  • The US topped the ranking with an overall market cap of USD 47.32 trillion, followed by China (USD 11.52 trillion), Japan (USD 6 trillion) and Hong Kong (USD 5.55 trillion).

Defence News

7. In memory of Gen. Bipin Rawat, Indian Army dedicates “Chair of Excellence”

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  • On the eve of General Bipin Rawat’s 65th birthday anniversary, the Indian Army has dedicated a chair of excellence in the late chief of defence staff (CDS)’s memory at the United Service Institution of India (USI), the country’s oldest think tank founded in 1870.
  • The Chair will be open to Veterans of three Services and civilians having expertise in the field of National Security. The purpose of Gen Bipin Rawat Memorial Chair of Excellence at USI will be to conduct research on strategic issues related to the armed forces, with a focus on the field of Jointness and Integration.

8. M V Ram Prasad Bismil becomes longest vessel to sail from Ganga to Brahmaputra 

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  • The MV Ram Prasad Bismil has become the longest vessel ever to sail from Ganga to the Brahmaputra.
  • The 90 meters long and 26 meters wide flotilla, loaded with a draft of 2.1 meters, achieved the feat on March 15, 2022, when it successfully completed the pilot run of heavy cargo movement from Syama Prasad Mookerjee Port in Haldia, to Pandu port in Guwahati.
  • Carrying 1793 metric tonnes of steel rods, the vessel covered the distance from Haldia to Pandu through Bangladesh on the Indo-Bangladesh Protocol Route (IBPR).

Awards News

9. Axis Bank won ‘Asian Bank of the Year’ at IFR Asia Awards 2021 

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  • India’s third-largest private sector bank, Axis Bank has been awarded IFR Asia’s Asian Bank of The Year, for its breadth of coverage and depth of expertise in the Asian investment banking space. The award acknowledges the bank’s outstanding performance in equity and debt issuance, across all major products and segments.
  • This year, the bank has also won the ‘Best DCM House in India’ Award at the Finance Asia’s Country Awards. Axis Bank has been No. 1 on the Bloomberg League Table ranking for 15 consecutive calendar years and has maintained its leadership position in the domestic Debt Capital Market.

10. Narayan Pradhan named for GD Birla Award for Scientific Research

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  • Professor Narayan Pradhan has been selected for the 31st GD Birla Award for Scientific Research for his outstanding contribution in the field of material sciences. He has provided his expertise in crystal modulations to help design new shapes of these tiny lighting materials.
  • Instituted in 1991, the award recognises eminent Indian scientists below the age of 50 for their original and outstanding contributions to any branch of science. It carries a cash prize of Rs 5 lakh. The recipient is chosen by a selection board, whose present head is professor Chandrima Shaha, the president of the Indian National Science Academy (INSA).

Science and Technology News

11. ISRO successfully tested solid fuel-based booster stage of SSLV

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  • Indian Space Research Organization (ISRO) has successfully completed the ground test of the solid fuel-based booster stage (SS1) of its new Small Satellite Launch Vehicle (SSLV) at Satish Dhawan Space Centre (SDSC), Sriharikota at Andhra Pradesh.
  • It completes the ground testing of all three stages of the launch vehicle. The vehicle is now ready for its first development flight, which is scheduled for May 2022.

Sports News

12. FIDE Chess Olympiad 2022 will be held in Chennai

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  • India has been picked as the host nation for the FIDE Chess Olympiad 2022. The 44th edition of the Olympiad is scheduled to be held in Chennai, from 26th July 2022 to 8th August 2022. This is the first time that India will host the FIDE Chess Olympiad since its inception in 1927.
  • The event was originally scheduled to be held in Russia, but FIDE pulled out from there following the Ukraine invasion. The venue will be the Four Points by Sheraton Mahabalipuram Resort & Convention Center, 60 kilometres south of central Chennai. It is located in Mamallapuram, one of the famous tourist sites in India and a UNESCO World Heritage Site of seventh- and eighth-century Hindu monuments.

Important Days

13. UN declares March 15 as the International Day to Combat Islamophobia

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  • The U.N. General Assembly approved a resolution to proclaim March 15 as the International Day to Combat Islamophobia every year, starting from 2022. The resolution, adopted by the 193-member UN General Assembly, was introduced by Pakistan’s ambassador Munir Akram on behalf of the Organisation of Islamic Cooperation (OIC), on March 15, 2022.
  • It marks the day when a gunman entered two mosques in Christchurch, New Zealand, killing 51 worshippers and wounding 40 others in the terror attack. The main objective of International Day to Combat Islamophobia will be curtailing systematic hate speech and discrimination against Muslims; respect for religious symbols and practices; along with the elimination of all forms of intolerance and discrimination based on religion or belief.