Daily Current Affairs- 24 September

Author : Palak Khanna

Updated On : September 26, 2022

SHARE

Today's Current Affairs-24th September 2022

INTERNATIONAL

UNSC reforms: Intergovernmental Negotiation constrained by lack of transparency: G4 nations

  • The G4 grouping comprising India, Japan, Germany and Brazil expressed their concern over lack of any “meaningful” forward movement on long-pending reform of the UN Security Council (UNSC) and demanded “urgency” on the issue.
  • The foreign ministers of the G4 countries held a virtual meeting coinciding with the 75th session of the UN General Assembly during which they held extensive discussion on the need for urgent reform of the UNSC. A joint press statement said the ministers highlighted the urgency of reforming the UN and updating its main decision-making bodies, in order to better reflect contemporary realities.
  • “G4 Ministers expressed disappointment at attempts to derail this process and committed to addressing the issue in a meaningful way and with increased urgency at this 75th anniversary of the UN,” the statement released by the external affairs ministry said. The meeting was attended by External Affairs Minister S Jaishankar, Brazilian Foreign Minister Ernesto Arajo, Japan’s Motegi Toshimitsu and Minister of State at German Foreign Office Niels Annen.

About UN Security Council (UNSC):

Headquarters: New York, United States

Founded: 24 October 1945

5 major palm oil importers from Asia form alliance

  • Edible oil trade associations from five palm oil importing countries in South Asia – India, Pakistan, Sri Lanka, Bangladesh and Nepal, announced the setting up of Asian Palm Oil Alliance (APOA). The idea is to gain collecting bargaining power and make imports sustainable.
  • “Through APOA, we aim at safeguarding the economic and business interests of the palm oil consuming countries and will work towards increasing the consumption of palm oil in member countries,” Atul Chaturvedi, President, Solvent Extractors’ Association of India (SEA) and first chairman of APOA, said. APOA held its first general body meeting on the sidelines of the Globoil Summit being held here.
  • He said that the industry associations of Asian palm oil importing countries, unlike their counterparts in Europe, are not involved in shaping the global discourse on sustainable palm oil in a collective way.
  • Chaturvedi said that membership of APOA would be further expanded to include companies or industry bodies associated with production or refining of palm oil across the continent.

 NATIONAL

Karnataka man gets India's first full-arm transplant at Kerala hospital

  • India’s first full arm transplant was performed at the Kerala-based Amrita Hospital. 20 surgeons, 10 anesthetists, and 5 practice sessions were performed which took 18 hours of surgery. It is the third of its type in the world, such a transplant was only performed previously in Mexico and France.
  • After receiving several requests for limb transplants from across the world, which includes several parts of Middle Eastern countries and southeast Asian Countries, Amrita Hospital in Kochi accepted the request to perform a shoulder level full arm transplant.
  • First request was accepted from Amaresh, who is an unmarried man, he suffered a severe injury in 2017 due to electric shock while repairing charged electric cables. His hands sustained several fractures and electric burns.
  • Both his hands were amputated to save his life. He waited for a suitable donor for years, and Vinod agreed to donate his hands. Vinod is a 54-year-old man working in West Asia, he met an accident and suffered serious injuries, and lost his life in Thiruvananthapuram.

About Karnataka:

Governor: Thawar Chand Gehlot

Capital: Bengaluru (Executive Branch)

Chief Minister: Basavaraj Bommai

About Kerala:

Governor: Arif Mohammad Khan

Capital: Thiruvananthapuram

Chief Minister: Pinarayi Vijayan

 SPORTS

Oval and Lord's to host next two World Test Championship finals

  • The International Cricket Council has announced that the World Test Championship 2023 Final will be hosted by The Oval in June 2023 while the 2025 final will be played at Lord’s. The two venues in London will succeed Southampton, which hosted the inaugural final between New Zealand and India in 2021. New Zealand emerged as the victors in the first edition.
  • The top two teams from the World Test Championship standings will make it to the finals with Australia and South Africa currently leading.
  • Australia and South Africa will also clash against each other in a three-match series in the current cycle in December-January, which could have a big bearing on the final points table.

About International Cricket Council (ICC):

Headquarters: Dubai, United Arab Emirates

Motto: Cricket for good.

Founded: 15 June 1909

Chairman: Greg Barclay

General Manager: Wasim Khan

 IMPORTANT DAYS

National Cinema Day 2022: 23rd September

  • The National Cinema Day was previously announced to be held on September 16, however, on request from various stakeholders and in order to maximize participation, it was rescheduled to September 23. The day has been scheduled by the Multiplex Association of India (MAI). Over 4,000 screens at multiplexes from across the country, including PVR, INOX, Cinepolis, Carnival, and Delite, have teamed up to offer a “celebratory admission price” of Rs 75 to mark National Cinema Day.
  • Multiplex Association of India (MAI) is a nationwide group of cinema operators that informs, educates and advocates on behalf of the cinema exhibition sector.
  • Established in 2022 under the aegis of the Federation of Indian Chamber of Commerce and Industry (FICCI) by leading cinema operators, it partners with regulatory bodies and industry partners nationwide to raise the profile of cinema, highlighting opportunities, and addressing various challenges faced by the cinema exhibition sector.

About Federation of Indian Chamber of Commerce and Industry (FICCI):

President: Sanjiv Mehta

Founded: 1927

Headquarters: New Delhi

Founder: Ghanshyam Das Birla

 SUMMIT'S & MOU's

Skill India partners with Samsung to train Indian youth in AI, IoT, BigData, Coding

  • The Electronics Sector Skill Council of India (ESSCI) signed a memorandum of understanding (MoU) with Samsung India to empower the youth with industry-relevant skills. It will be a part of the government’s ‘Skill India’ initiative that aims to empower the youth with industry-relevant skills in emerging technologies such as Artificial Intelligence, the Internet of Things, Big Data and Coding & Programming, in a bid to enhance their employability. The MoU was exchanged by Ken Kang, President and CEO of Samsung Southwest Asia, and Abhilasha Gaur, COO, ESSCI.
  • The programme, ‘Samsung Innovation Campus’ aims to upskill over 3,000 unemployed youth from 18-25 years of age in future technologies, in partnership with the government’s Skill India initiative.
  • The programme will be executed by ESSCI, which is a National Skill Development Corporation (NSDC) entity through its nationwide network of approved training and education partners.

About

National Skill Development Corporation (NSDC):

Headquarters: New Delhi

Founded: 31 July 2008

Key people: Mr. Ved Mani Tewari (CEO)

 AWARDS & RECOGNITION

Meena Kandasamy on winning the Hermann Kesten Prize for 2022

  • Indian author and poet Meena Kandasamy has been announced as this year’s recipient of the Hermann Kesten Prize by the PEN Centre in Germany’s Darmstadt. The Hermann Kesten Prize honours personalities who, in the spirit of the charter of the PEN association, stand up for the rights of persecuted authors and journalists.
  • The PEN Center, Germany, will present the award to the Indian author at a ceremony in Darmstadt on November 15 this year. The winner will receive an amount of €20,000 ($19,996) as prize money. This year, the PEN Center is also honouring the website “Weiter Schreiben” (German for “Keep writing”) with a special award for encouragement, for giving authors in exile and writers from conflict zones a platform to express their thoughts.
  • Meena Kandasamy was born in 1984 in Chennai, Kandasamy is a feminist and anti-caste activist whose work revolves around the issue of gender, caste, sexuality, patriarchy, and oppression by the Brahmanical system.

About Germany:

Capital: Berlin

Currency: Euro

President: Frank-Walter Steinmeier

Chancellor: Olaf Scholz

 RANKING

Adani tops IIFL Wealth Hurun India Rich List 2022: Nykaa Founder Falguni Nayar becomes richest self-made Indian

  • According to the IIFL Wealth Hurun India Rich List 2022, Gautam Adani and family have topped with an estimated wealth of Rs. 10,94,400 crore. His daily wealth creation was estimated at Rs. 1,612 crores which showed 116 per cent growth as compared with the 2021 list. Mukesh Ambani and family have been named as the 2nd richest in India with an estimated wealth of Rs. 7,94,700 crore and a growth of 11 per cent compared with the 2021 list. His daily wealth creation velocity is Rs. 210 crores.
  • Nykaa Founder & Chief Executive Officer (CEO), Falguni Nayar became India’s richest self-made woman by surpassing Biocon chief Kiran Mazumdar-Shaw in net worth. She is also the richest female in India, followed by Rekha Jhunjhunwala of Rare Enterprises. Falguni Nayar & family’s wealth rose by Rs 30,000 crore during 2022 and her cumulative wealth increased 345 per cent and stood around Rs 38,700 crore.

About IIFL Wealth:

MD & CEO: Karan Bhagat

Headquarters: Mumbai, Maharashtra

Founded: 17 January 2008

Founders: Karan Bhagat; Yatin Shah; Amit Nitin Shah

 BOOKS & AUTHOR

Former vice-president Naidu to release book on PM Modi's selected speeches

  • Former Vice President M Venkaiah Naidu released a collection of Prime Minister Narendra Modi’s selected speeches at Akashvani Bhawan in New Delhi. The book titled “Sabka Saath Sabka Vikas Sabka Vishwas” Prime Minister Narendra Modi Speaks (May 2019-May 2020)’ was released in the presence of Kerala Governor Arif Mohammad Khan at a function here organized by the Ministry of Information and Broadcasting. During the release of the book, former Vice President M. Venkaiah Naidu said that the book gives the readers a glimpse into PM Narendra Modi’s vision for India’s future and a clear roadmap of journey ahead, through his speeches on diverse topics of national importance.
  • The book focuses on 86 speeches of the prime minister on various subjects. The book portrays the prime minister’s vision of a ‘New India’, which is self-reliant, resilient, and capable of converting challenges into opportunities. The book that goes by the same phrase serves as an example of hope and aspirations of 130 crore Indians for building a New India through ‘Jan Bhagidari—Taking All Together’.

 BANKING AND ECONOMY

REC Becomes The 12th Company To Join The Maharatna CPSE Club

  • Power sector-focussed non-banking finance company (NBFC) REC Ltd. has been accorded the status of a ‘Maharatna’ Central Public Sector Enterprise, thus providing it with greater operational and financial autonomy. The granting of ‘Maharatna’ status will impart enhanced powers to the company’s board while taking financial decisions. REC Ltd. is the 12th company to be given the Maharatna Status.
  • The board of a ‘Maharatna’ CPSE can make equity investments to undertake financial joint ventures and wholly-owned subsidiaries and undertake mergers and acquisitions in India and abroad, subject to a ceiling of 15 per cent of the net worth of the CPSE concerned, limited to ₹5,000 crores in one project. The board can also structure and implement schemes relating to personnel and human resource management and training.
  • REC has played a key role in the success of the flagship schemes of the Government of India such as Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) and SAUBHAGYA and has contributed towards achieving village and household electrification in the country.
  • Introduced in 2010, the Maharatna status is given to the Central Public Sector Enterprises (CPSE) by the Central Government to make these enterprises global giants.

Daily Current Affairs- 24 September

Author : Palak Khanna

September 26, 2022

SHARE

Today's Current Affairs-24th September 2022

INTERNATIONAL

UNSC reforms: Intergovernmental Negotiation constrained by lack of transparency: G4 nations

  • The G4 grouping comprising India, Japan, Germany and Brazil expressed their concern over lack of any “meaningful” forward movement on long-pending reform of the UN Security Council (UNSC) and demanded “urgency” on the issue.
  • The foreign ministers of the G4 countries held a virtual meeting coinciding with the 75th session of the UN General Assembly during which they held extensive discussion on the need for urgent reform of the UNSC. A joint press statement said the ministers highlighted the urgency of reforming the UN and updating its main decision-making bodies, in order to better reflect contemporary realities.
  • “G4 Ministers expressed disappointment at attempts to derail this process and committed to addressing the issue in a meaningful way and with increased urgency at this 75th anniversary of the UN,” the statement released by the external affairs ministry said. The meeting was attended by External Affairs Minister S Jaishankar, Brazilian Foreign Minister Ernesto Arajo, Japan’s Motegi Toshimitsu and Minister of State at German Foreign Office Niels Annen.

About UN Security Council (UNSC):

Headquarters: New York, United States

Founded: 24 October 1945

5 major palm oil importers from Asia form alliance

  • Edible oil trade associations from five palm oil importing countries in South Asia – India, Pakistan, Sri Lanka, Bangladesh and Nepal, announced the setting up of Asian Palm Oil Alliance (APOA). The idea is to gain collecting bargaining power and make imports sustainable.
  • “Through APOA, we aim at safeguarding the economic and business interests of the palm oil consuming countries and will work towards increasing the consumption of palm oil in member countries,” Atul Chaturvedi, President, Solvent Extractors’ Association of India (SEA) and first chairman of APOA, said. APOA held its first general body meeting on the sidelines of the Globoil Summit being held here.
  • He said that the industry associations of Asian palm oil importing countries, unlike their counterparts in Europe, are not involved in shaping the global discourse on sustainable palm oil in a collective way.
  • Chaturvedi said that membership of APOA would be further expanded to include companies or industry bodies associated with production or refining of palm oil across the continent.

 NATIONAL

Karnataka man gets India's first full-arm transplant at Kerala hospital

  • India’s first full arm transplant was performed at the Kerala-based Amrita Hospital. 20 surgeons, 10 anesthetists, and 5 practice sessions were performed which took 18 hours of surgery. It is the third of its type in the world, such a transplant was only performed previously in Mexico and France.
  • After receiving several requests for limb transplants from across the world, which includes several parts of Middle Eastern countries and southeast Asian Countries, Amrita Hospital in Kochi accepted the request to perform a shoulder level full arm transplant.
  • First request was accepted from Amaresh, who is an unmarried man, he suffered a severe injury in 2017 due to electric shock while repairing charged electric cables. His hands sustained several fractures and electric burns.
  • Both his hands were amputated to save his life. He waited for a suitable donor for years, and Vinod agreed to donate his hands. Vinod is a 54-year-old man working in West Asia, he met an accident and suffered serious injuries, and lost his life in Thiruvananthapuram.

About Karnataka:

Governor: Thawar Chand Gehlot

Capital: Bengaluru (Executive Branch)

Chief Minister: Basavaraj Bommai

About Kerala:

Governor: Arif Mohammad Khan

Capital: Thiruvananthapuram

Chief Minister: Pinarayi Vijayan

 SPORTS

Oval and Lord's to host next two World Test Championship finals

  • The International Cricket Council has announced that the World Test Championship 2023 Final will be hosted by The Oval in June 2023 while the 2025 final will be played at Lord’s. The two venues in London will succeed Southampton, which hosted the inaugural final between New Zealand and India in 2021. New Zealand emerged as the victors in the first edition.
  • The top two teams from the World Test Championship standings will make it to the finals with Australia and South Africa currently leading.
  • Australia and South Africa will also clash against each other in a three-match series in the current cycle in December-January, which could have a big bearing on the final points table.

About International Cricket Council (ICC):

Headquarters: Dubai, United Arab Emirates

Motto: Cricket for good.

Founded: 15 June 1909

Chairman: Greg Barclay

General Manager: Wasim Khan

 IMPORTANT DAYS

National Cinema Day 2022: 23rd September

  • The National Cinema Day was previously announced to be held on September 16, however, on request from various stakeholders and in order to maximize participation, it was rescheduled to September 23. The day has been scheduled by the Multiplex Association of India (MAI). Over 4,000 screens at multiplexes from across the country, including PVR, INOX, Cinepolis, Carnival, and Delite, have teamed up to offer a “celebratory admission price” of Rs 75 to mark National Cinema Day.
  • Multiplex Association of India (MAI) is a nationwide group of cinema operators that informs, educates and advocates on behalf of the cinema exhibition sector.
  • Established in 2022 under the aegis of the Federation of Indian Chamber of Commerce and Industry (FICCI) by leading cinema operators, it partners with regulatory bodies and industry partners nationwide to raise the profile of cinema, highlighting opportunities, and addressing various challenges faced by the cinema exhibition sector.

About Federation of Indian Chamber of Commerce and Industry (FICCI):

President: Sanjiv Mehta

Founded: 1927

Headquarters: New Delhi

Founder: Ghanshyam Das Birla

 SUMMIT'S & MOU's

Skill India partners with Samsung to train Indian youth in AI, IoT, BigData, Coding

  • The Electronics Sector Skill Council of India (ESSCI) signed a memorandum of understanding (MoU) with Samsung India to empower the youth with industry-relevant skills. It will be a part of the government’s ‘Skill India’ initiative that aims to empower the youth with industry-relevant skills in emerging technologies such as Artificial Intelligence, the Internet of Things, Big Data and Coding & Programming, in a bid to enhance their employability. The MoU was exchanged by Ken Kang, President and CEO of Samsung Southwest Asia, and Abhilasha Gaur, COO, ESSCI.
  • The programme, ‘Samsung Innovation Campus’ aims to upskill over 3,000 unemployed youth from 18-25 years of age in future technologies, in partnership with the government’s Skill India initiative.
  • The programme will be executed by ESSCI, which is a National Skill Development Corporation (NSDC) entity through its nationwide network of approved training and education partners.

About

National Skill Development Corporation (NSDC):

Headquarters: New Delhi

Founded: 31 July 2008

Key people: Mr. Ved Mani Tewari (CEO)

 AWARDS & RECOGNITION

Meena Kandasamy on winning the Hermann Kesten Prize for 2022

  • Indian author and poet Meena Kandasamy has been announced as this year’s recipient of the Hermann Kesten Prize by the PEN Centre in Germany’s Darmstadt. The Hermann Kesten Prize honours personalities who, in the spirit of the charter of the PEN association, stand up for the rights of persecuted authors and journalists.
  • The PEN Center, Germany, will present the award to the Indian author at a ceremony in Darmstadt on November 15 this year. The winner will receive an amount of €20,000 ($19,996) as prize money. This year, the PEN Center is also honouring the website “Weiter Schreiben” (German for “Keep writing”) with a special award for encouragement, for giving authors in exile and writers from conflict zones a platform to express their thoughts.
  • Meena Kandasamy was born in 1984 in Chennai, Kandasamy is a feminist and anti-caste activist whose work revolves around the issue of gender, caste, sexuality, patriarchy, and oppression by the Brahmanical system.

About Germany:

Capital: Berlin

Currency: Euro

President: Frank-Walter Steinmeier

Chancellor: Olaf Scholz

 RANKING

Adani tops IIFL Wealth Hurun India Rich List 2022: Nykaa Founder Falguni Nayar becomes richest self-made Indian

  • According to the IIFL Wealth Hurun India Rich List 2022, Gautam Adani and family have topped with an estimated wealth of Rs. 10,94,400 crore. His daily wealth creation was estimated at Rs. 1,612 crores which showed 116 per cent growth as compared with the 2021 list. Mukesh Ambani and family have been named as the 2nd richest in India with an estimated wealth of Rs. 7,94,700 crore and a growth of 11 per cent compared with the 2021 list. His daily wealth creation velocity is Rs. 210 crores.
  • Nykaa Founder & Chief Executive Officer (CEO), Falguni Nayar became India’s richest self-made woman by surpassing Biocon chief Kiran Mazumdar-Shaw in net worth. She is also the richest female in India, followed by Rekha Jhunjhunwala of Rare Enterprises. Falguni Nayar & family’s wealth rose by Rs 30,000 crore during 2022 and her cumulative wealth increased 345 per cent and stood around Rs 38,700 crore.

About IIFL Wealth:

MD & CEO: Karan Bhagat

Headquarters: Mumbai, Maharashtra

Founded: 17 January 2008

Founders: Karan Bhagat; Yatin Shah; Amit Nitin Shah

 BOOKS & AUTHOR

Former vice-president Naidu to release book on PM Modi's selected speeches

  • Former Vice President M Venkaiah Naidu released a collection of Prime Minister Narendra Modi’s selected speeches at Akashvani Bhawan in New Delhi. The book titled “Sabka Saath Sabka Vikas Sabka Vishwas” Prime Minister Narendra Modi Speaks (May 2019-May 2020)’ was released in the presence of Kerala Governor Arif Mohammad Khan at a function here organized by the Ministry of Information and Broadcasting. During the release of the book, former Vice President M. Venkaiah Naidu said that the book gives the readers a glimpse into PM Narendra Modi’s vision for India’s future and a clear roadmap of journey ahead, through his speeches on diverse topics of national importance.
  • The book focuses on 86 speeches of the prime minister on various subjects. The book portrays the prime minister’s vision of a ‘New India’, which is self-reliant, resilient, and capable of converting challenges into opportunities. The book that goes by the same phrase serves as an example of hope and aspirations of 130 crore Indians for building a New India through ‘Jan Bhagidari—Taking All Together’.

 BANKING AND ECONOMY

REC Becomes The 12th Company To Join The Maharatna CPSE Club

  • Power sector-focussed non-banking finance company (NBFC) REC Ltd. has been accorded the status of a ‘Maharatna’ Central Public Sector Enterprise, thus providing it with greater operational and financial autonomy. The granting of ‘Maharatna’ status will impart enhanced powers to the company’s board while taking financial decisions. REC Ltd. is the 12th company to be given the Maharatna Status.
  • The board of a ‘Maharatna’ CPSE can make equity investments to undertake financial joint ventures and wholly-owned subsidiaries and undertake mergers and acquisitions in India and abroad, subject to a ceiling of 15 per cent of the net worth of the CPSE concerned, limited to ₹5,000 crores in one project. The board can also structure and implement schemes relating to personnel and human resource management and training.
  • REC has played a key role in the success of the flagship schemes of the Government of India such as Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) and SAUBHAGYA and has contributed towards achieving village and household electrification in the country.
  • Introduced in 2010, the Maharatna status is given to the Central Public Sector Enterprises (CPSE) by the Central Government to make these enterprises global giants.

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