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. India to set up its first IIT outside the country in UAE
- The Indian Institute of Technology will establish its first branch outside India in the United Arab Emirates (UAE) as part of the India-UAE trade deal signed.
- The Comprehensive Economic Partnership Agreement (CEPA) signed between the UAE and India will usher in a new phase of joint strategic cooperation in all sectors.
2. Chamba district of Himachal Pradesh becomes 100th ‘Har Ghar Jal’ District
- Jal Jeevan Mission has achieved the significant milestone of providing tap water to every home of 100 districts across the country.
- Chamba, in Himachal Pradesh, has become the 100th ‘Har Ghar Jal’ district, the fifth aspirational district to be covered under the initiative.
- The other four Har Ghar Jal Aspirational districts are Bhadradri Kothgudem, Jayashankar Bhupalpalli, Komram Bheem Asifabad (all in Telangana) and Mewat in Haryana.
3. Union Minister Giriraj Singh releases Rural Connectivity GIS Data in Public Domain
- Giriraj Singh, who is the Union Minister for Rural Development and Panchayati Raj, has released the Rural Connectivity GIS Data in Public Domain.
- This data includes the GIS data for more than 8 lakh rural facilities which have been collected and digitised using the GIS platform developed for the PM-GSY scheme.
On this event, Giriraj Singh recalled that since the inauguration of this scheme:
- An estimate is that more than 6.90 lakh km of roads have been constructed, which connects 1,61,508 habitations with an expenditure of about 2.69 lakh crores of Indian rupees.
- Speed of the construction of rural roads under the PMGSY has seen massive growth during the last few years and the use of new technology has been emphasized which has resulted in a saving of about 5000 crores of Indian rupees.
States News
4. SAAF & National Cross Country Athletics Championship to be held in Nagaland
- Nagaland is all set to host the South Asian Athletic Federation (SAAF) cross country championship and 56th National Cross-Country athletics championships from 26th of next month in Kohima.
- Meanwhile, the official mascot of the South Asian Cross Country Championships and 56th National Cross Country is a joyous happy running ‘Hornbill’. The name of the Mascot is Akimji – a connotation of the word AMBITION derived from Sumi dialect of Naga tribe which exemplifies the ambition of the new generation of Naga youth.
Appointments News
5. Sanjeev Sanyal named full-time member of Economic Advisory Council to PM
- Finance Ministry’s Principal Economic Advisor, Sanjeev Sanyal has been inducted as a full-time member of the Economic Advisory Council to the Prime Minister (EAC-PM), the panel’s chairman Bibek Debroy announced.
- The appointment is for a tenure of two years. He had advised the finance ministry to devise economic policies during the pandemic. The EAC-PM is an independent body constituted by the Union government to advise the prime minister on economic matters.
Banking News
6. Mastercard tieup with SBI Payments to boost digital payments infrastructure
- Mastercard, as an extension of its flagship campaign ‘Team Cashless India’ along with State Bank of India Payments partnered with the in Lucknow, Guwahati and Varanasi to boost the digital payments infrastructure.
- During these engagements, Mastercard Team Cashless India volunteers and SBI Payments spoke to micro-merchants about the convenience, safety, and other benefits of accepting digital payments.
The outreach was very well received across cities, generating incredible results:
- In Guwahati, Mastercard collaborates with All Assam’s Restaurant Association (AARA) in line with the Government’s ‘Digital Northeast Vision 2022’ which equips restaurant and hotel owners with a safe, seamless, secure mode of payment to consumers.
- In Lucknow, Mastercard partnered with local transport bodies, including the Auto Rickshaw Association, to enable more than 700 auto-rickshaw drivers to accept digital payments.
7. RBI announces dollar/rupee two-year sell buy swap auction
- The Reserve Bank of India (RBI) has announced a US Dollar/Rupee two-year sell-buy swap auction with a view to elongating the maturity profile of its forward book and smoothening the receivables relating to forwarding assets.
- The Central bank will undertake a sell/buy swap auction of $5 billion, which will enable access to a wider set of market participants. RBI will conduct a spot sale to sell USD 5 billion to banks in exchange of rupees, through this auction on March 10, 2022.
8. RBI cautions the public against using carpooling app sRide
- Reserve bank of India (RBI) has cautioned the public against carpooling app sRide. The caution against sRide App, stating that this firm was operating a semi-closed pre-paid instrument, without receiving authorization from the central bank, under Payment and Settlement Systems Act, 2007.
- sRide Tech Private Limited is a registered company, with a registered office in Gurgaon, Haryana. This company is operating a semi-closed (non-closed) pre-paid instrument (wallet) through its ‘sRide’ carpooling app. Thus, RBI cautioned that persons dealing with the app will be doing at their own risk.
Business News
9. Paytm Payments Bank is now official acquiring partner for e-RUPI vouchers
- Paytm Payments Bank Limited has announced that it is an official acquiring partner for ‘e-RUPI vouchers’. e-RUPI, which is a government initiative, is a cashless prepaid voucher that beneficiaries can present via SMS or QR Code.
- Paytm’s merchant partners can then scan, enter the amount to be paid and receive the payment directly in their bank account. This will benefit beneficiaries (users), even those who do not have access to formal banking services or smartphones to avail the convenience of digital payments.
- With this, merchants will be empowered with another digital payment collection method that will help them further increase their digital footprint and onboard more customers.
Schemes and Committees News
10. PM CARE for Children scheme extended by the Centre till 28th Feb 2022
- The PM Cares for Children Scheme has been extended by the Ministry of Women and Child Development of the Government of India till February 28, 2022. Previously, the scheme was applicable till December 31, 2021.
- A letter has been written in this respect to all Principal Secretaries/ Secretaries, Women and Child Development, Social Justice & Empowerment Departments of all States and UTs, with a copy to all District Magistrates/District Collectors.
Economy News
11. India Ratings decrease GDP growth at 8.6% for FY22
- India Ratings has revised downwards its GDP growth forecast for 2021-22 to 8.6 per cent from the consensus 9.2 per cent projected earlier.
- According to an India rating analysis, National Statistical Organisation (NSO) is likely to peg the FY22 real gross domestic product growth at Rs 147.2 lakh crore. This translates into a GDP growth rate of 8.6 per cent, down from the 9.2 per cent forecast in the first advance estimate released on January 7, 2022.
Defence News
12. Exercise Cobra Warrior 22: India to participate in multi-nation Exercise in March
- Indian Air Force will participate in a multi-nation air exercise named ‘Exercise Cobra Warrior 22’ at Waddington, in the United Kingdom from March 06 to 27, 2022. IAF Light Combat Aircraft (LCA) Tejas will participate in the exercise along with fighter aircraft of the UK and other leading Air Forces.
- Five Tejas aircraft will fly to the United Kingdom. IAF C-17 aircraft will provide the necessary transport support for induction and de-induction.
Science and Technology News
13. IIT Roorkee launched ‘KISAN’ mobile app in Uttarakhand
- The Indian Institute of Technology Roorkee has organized a regional farmers’ awareness programme as part of the ‘Gramin Krishi Mausam Sewa’ (GKMS) project and launched KISAN mobile application for the farmers.
- The app will provide agro-meteorological services to the farmers. Farmers from Haridwar, Dehradun, and Pauri Garhwal districts participated in the program.
- The Agrometeorological Advisory Services are offered jointly by the AMFU (Agromet Field Unit Roorkee) IIT Roorkee and the India Meteorological Department (IMD).
14. Reliance Jio’s New Subsea Cable ‘India-Asia-Xpress’ To Connect Maldives
- India’s largest 4G mobile broadband and digital service provider, Reliance Jio Infocomm Ltd. will land the next generation multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives.
- The high capacity and high-speed IAX system will connect Hulhumale directly with World’s major internet hubs in India and Singapore.
Key points of Undersea cable systems:
- Undersea cable systems along with data centres support 5G and the digital economy that builds large integrated capacities to enable India’s digital ecosystem.
- This high capacity and the high-speed system will provide more than 200Tb/s of capacity at speeds of 100Gb/s, over 16,000 kilometre
Important Days
15. Central Excise Day 2022: 24 February 2022
- Central Excise Day of India is celebrated every year on February 24. The day is being celebrated to honour the service of the Central Board of Excise and Custom (CBEC) to the country.
- The day is celebrated to honour the officers associated with CBEC and their services. The day is celebrated to commemorate the legislation of the Central Excise and Salt act on 24 February 1944.
Obituaries News
16. Renowned Malayalam actress KPAC Lalitha passes away
- Veteran Malayalam film and stage actress, KPAC Lalitha has passed away at 74. In a career spanning five decades, she starred in over 550 films in Malayalam and Tamil. Born as Maheswari Amma in Kayamkulam of Alappuzha, the actress had joined K.P.A.C (Kerala People’s Arts Club), a prominent drama troop in Kerala.
- Lalitha won two National Film Awards for Best Supporting Actress along with four Kerala State Film Awards. She got the national award for the character in ‘Amaram’ in 1999 and for ‘Shantham’ in 2000. She also held the position of the Chairperson of Kerala Sangeetha Nataka Academy for five years.
Miscellaneous News
17. GoI launches the “Janbhagidari Empowerment” portal in J&K
- The Central Government launched the “Janbhagidari Empowerment” portal in the Union Territory of Jammu and Kashmir, in line with the government’s digital mission. The portal was hosted on a different server with higher bandwidth, in order to provide easy and ready accessibility to the general public.
- It is a one-stop interactive and user-friendly digital platform. It provides detailed insights to people into nature, status as well as the number of developmental works that are being executed in their areas.
