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Monday, September 12, 2022

DAILY CA 9,10 SEPT

 DAILY CA 9,10 SEPT

1.              COMMITTEE SET UP TO MODERATE GAS PRICE

·                The government of India(GoI) set up a Committee to review the formula to formalise the pricing of gas produced by companies.

·                The committee, chaired by Energy Expert Dr.Kirit Shantilal Parikh, a former Member of the Planning Commission(GoI), will include members from the fertiliser ministry, as well as gas producers and buyers.

·                It will suggest a “fair price to the end consumer”.

·                The panel includes representatives of the gas producers association such as ONGC (Oil and Natural Gas Corporation) and OIL (Oil India Limited).

·                It also has a member from private city gas operators, state gas utility GAIL (India) Limited, a representative of Indian Oil Corporation (IOC) and a member from the fertilizer ministry.

·                In 2014, the government decided to use prices in gas surplus countries to arrive at a formula for locally produced gas.

·                The local gas prices were linked to a formula tied to global benchmarks, including Henry Hub, Alberta Gas, National Balancing Point (NBP) and Russian Gas with a lag of one quarter.

·                The rates according to this formula were subdued and at times lower than the cost of production till March 2022 but rose sharply thereafter, reflecting the surge in global rates in the aftermath of Russia’s invasion of Ukraine.

 

2.              UEFA PLAYER OF THE YEAR 2021/2022

·                Real Madrid CF striker Karim Mostafa Benzema (France) was awarded the ‘UEFA Men’s Player of the Year 2021/22’ title

·                Alexia Putellas Segura (Spain) was awarded the ‘UEFA Women’s Player of the Year 2021/2022 ’ title.

·                The 2021/2022 Union of European Football Associations (UEFA) award ceremony, hosted by Turkish Football Federation, was held in Istanbul, Turkey

·                UEFA Men’s Coach of the Year- Carlo Ancelotti, Madrid, Spain

·                UEFA Women’s Coach of the Year- Sarina Weigman, England, United Kingdom

·                UEFA President’s award- Arrigo Sacchi, Italy

·                Union of European Football Associations (UEFA) Headquarter- Nyon, Switzerland

 

3.              31ST VYAS SAMMAN

·                The 31st Vyas Samman Award was conferred to renowned Hindi writer Dr.Asghar Wajahat 

·                He was selected for the prestigious award for his play ‘Mahabali’.

·                The play, ‘Mahabali’ focused on Mughal emperor Akbar and poet Tulsidas.

·                The Vyas Samman is given by K K Birla Foundation for outstanding literary work in Hindi authored by an Indian citizen published during the last 10 years.

·                Ram Vilas Sharma received the inaugural Vyas Samman in 1991 for his work ‘Bharat ke Pracheen Bhasha Parivaraur Hindi’.

·                Professor Sharad Pagare was honoured with 30th Vyas Samman for his novel titled ‘Patliputraki Samragi’.

 

4.              NEW SECRETARY GENERAL OF AIFF

·                The All India Football Federation (AIFF) appointed Shaji Prabhakaran as its new Secretary

·                AIFFalso appointed Sunando Dhar as the new Deputy Secretary General of the sports body.

 

5.              DRDO: INDIA SUCCESSFULLY COMPLETES SIX FLIGHT TESTS OF QRSAM

·                The Defence Research and Development Organisation (DRDO) and the Indian Army successfully completed 6 flight tests of the Quick Reaction Surface to Air Missile (QRSAM) system from the Integrated Test Range (ITR) Chandipur, off the coast of Odisha

·                The DRDO successfully test fired an enhanced Range Pinaka Multi-Barrel Rocket Launcher (MBRL) at Balasore and Pokhran, Rajasthan.

·                The Pinaka MBRL is designed by the Armament Research and Development Establishment (ARDE), a laboratory of the DRDO that is based in Pune, Maharashtra.

·                Munitions India Limited and Economic Explosives Limited manufactured the system.

 

6.              MALAYSIAN CHESS MEET

·                Anishka Biyani, a 6-year-old Mumbai girl, won a gold medal in the Malaysian Age Group Rapid Chess Championship in Kuala Lumpur, Malaysia. 

·                Anishka, a first-grade student achieved the feat in the Under-6 Open category (girl’s category) with a score of 4 points out of a possible six to clinch the title. 

·                She was also qualified as one of the best Under-7 players in the All India FIDE (The International Chess Federation) Rating Chess Tournament held in Yousufguda, Hyderabad, Telangana. 

 

7.              INTERNATIONAL LITERACY DAY 2022- SEPTEMBER 8

·                The United Nations Educational, Scientific, and Cultural Organization (UNESCO)’s International Literacy Day (ILD) is annually observed on September 8 across the world to highlight the importance of literacy for individuals, communities and societies and also to highlight the positive effects of a higher literacy rate.

·                The theme for ILD 2022 is “Transforming Literacy Learning Spaces”

 

8.              PM INAUGURATES ‘KARTAVYA PATH’

·                The Prime Minister (PM) of India Narendra Modi inaugurated ‘Kartavya Path’, a redeveloped two kilometre stretch from India Gate to Rashtrapati  Bhavan through Vijay Chowk in New Delhi (Delhi).

·                It was earlier known as Rajpath (Kingsway), which was a ‘symbol of slavery’. 

·                Now, the name Kartavya Path symbolizes ‘public ownership and empowerment’.

·                PM also unveiled the statue of Netaji Subhas Chandra Bose under the canopy at India Gate that during British rule had a statue of King George V.

 

9.              INDIA RANKS 132 OUT OF 191 IN UNDP’S 2021 HUMAN DEVELOPMENT INDEX

·                India ranked 132nd among 191 countries and territories on the 2021 Human Development Index (HDI).

·                It's published by the Human Development Report Office for the United Nations Development Programme (UNDP).

·                Theme: The theme for Human Development Report 2021-22 is Uncertain Times, Unsettled Lives: Shaping our Future in a World in Transformation.

·                In the 2020 report, India had ranked 131st among 189 countries and territories.

·                India’s latest HDI value is 0.633 which places it in the medium human development category, as compared to its value of 0.645 in the 2020 report.

·                The index has been topped by Switzerland with 0.962 HDI value.

·                It is followed by Norway (0.961) at 2nd, and Iceland at 3rd (0.959).

·                Gross National Income (GNI) per capita: India’s GNP per capita (2017 PPP) at $6,590.

·                India’s Life expectancy at birth: In 2021, India’s life expectancy at birth was recorded at 67.2 years.

·                Sri Lanka has been ranked 73rd in the Human Development Index.

·                With this China is ranked 79th, Bhutan 127th, Bangladesh 129th, Nepal 143rd and Pakistan 161st.

·                Gender Inequality Index: India has been ranked 122 on the Gender Inequality Index.

·                HDI is a composite index that measures average achievement in human development taking into account four indicators:

ü    Life expectancy at birth (Sustainable Development Goal 3),

ü    Expected years of schooling (Sustainable Development Goal 4.3),

ü    Mean years of schooling (Sustainable Development Goal 4.4),

ü    Gross national income (GNI) (Sustainable Development Goal 8.5).

·                UNDP Headquarters– New York

 

10.           ADMIRAL SUNIL LANBA RECEIVED MERITORIOUS SERVICE MEDAL FROM SINGAPORE GOVERNMENT

·                Admiral Sunil Lanba (Retd), former Chief of Naval Staff(CNS), Indian Navy, was conferred the prestigious Pingat Jasa Gemilang (Tentera) [Meritorious Service Medal (Military)] by HalimahYacob, the President of the Republic of Singapore at the Ministry of Defence, Singapore.

·                The award is a recognition of his outstanding contribution to the strong and long-standing bilateral defence relationship between the Indian Navy and the Republic of Singapore Navy.

·                The Pinga tJasa Gemilang (Tentera) is a decoration award given to the members of the Singapore Armed Forces for distinguished performances.

·                Under special circumstances, The Medal is awarded to a person for his outstanding service in the promotion of good relations between the Singapore Armed Forces and the military force of his country.

 

11.           FORTUNE INDIA RICH LIST 2022: GAUTAM ADANI BECOMES THE RICHES IN INDIA

·                According to Fortune India’s list of ‘India’s Richest’ for 2022, the wealth of 142 billionaires based in India is collectively worth USD 832 billion (Rs 66.36 trillion).

·                According to Forbes real-time billionaires list, Asia’s richest man Gautam Adani has overtaken Amazon founder Jeff Bezos to become the 3rd richest person in the world.

·                He became India’s richest man with net worth of USD 129.16 billion (Rs. 10.29 trillion)

·                Meanwhile, Reliance Industries chairman Mukesh Ambani’s net worth stands at USD 94 billion becoming 8th richest in the world and 2nd richest in India.

 

12.           “OUR GREAT NATIONAL PARKS” BY BARACK OBAMA WON EMMY 

·                The former President of the United States, Barack Obama’s “Our Great National Parks”, a 5-part Netflix documentary series has won the 74th Primetime Emmy Awards for his outstanding narration (the best narrator Emmy award).

·                The 5-part documentary series was about some of the world’s national parks and their wildlife.

·                The documentary was nominated under the Outstanding Cinematography for A Nonfiction Program – 2022 category and Barack Obama was nominated under the Outstanding Narrator – 2022 category.

 

13.           UN’S NEW HIGH COMMISSIONER FOR HUMAN RIGHTS

·                United Nations (UN) General Assembly approved Volker Turk of Austria to be the global body’s Human Rights Chief by UN Secretary-General Antonio Guterres.

·                Volker Turk replaces Veronica Michelle Bachelet Jeria, a Chilean politician who served at the office of the UN High Commissioner for Human Rights (OHCHR) from 2018 to 2022.

·                Previously, Volker Turk served as the Assistant High Commissioner for Protection at UN refugees, the UN Refugee Agency (UNHCR), Geneva.

·                OHCHR Headquartered- Geneva, Switzerland; New York City, United States

 

14.           NEW PRIME MINISTER OF BURUNDI

·                Burundi President Evariste Ndayishimiye appointed Gervais Ndirakobuca as the Prime Minister (PM) of Burundi (East Africa)

·                Gervais Ndirakobuca was given the name ‘Ndakugarika’ which means ‘I will kill you’ for his rebellious command during the Burundian Civil War that ended in 2005.

·                He is known for his violent crackdown of the 2015 civil protest in Burundi.

 

15.           INDIA’S FIRST NATIONAL ELECTRIC FREIGHT PLATFORM – ‘E-FAST’

·                National Institute for Transforming India (NITI Aayog), in collaboration with World Resources Institute (WRI) India launched India’s 1st electric freight platform, e-FAST India (Electric Freight Accelerator for Sustainable Transport – India) to enable road based electric freight (e-freight) transition.

·                The e-FAST India platform is supported by the World Economic Forum (WEF), CALSTART and RMI(Rocky Mountain Institute) India for bringing different stakeholders together, from across the freight ecosystem.

·                This will help in strengthening partnerships and identify and support innovative freight solutions.

·                The e-FAST India platform witnessed participation from major automobile industry players, logistics companies, development banks and fin-tech companies.

·                India is the 3rd largest truck market, after China and the United States (US).

 

16.           US MILITARY SUCCESSFULLY TESTS MINUTEMAN III INTERCONTINENTAL BALLISTIC MISSILE

·                The Air Force Global Strike Command Airmen launched an unarmed  LGM-30G Minuteman III intercontinental ballistic missile (ICBM) equipped with three test re-entry vehicles, armed with nuclear warheads from the Vandenberg Space Force Base in California.

·                This is the second test by the United States (US) in less than a month after the launch of Minuteman III ICBM in August 2022 which was postponed twice.

 

17.           BWF WORLD TOUR RANKINGS

·                30 years old Indian shuttler Prannoy Haseena Sunil Kumar (Prannoy HS) topped the latest (6th September 2022) BWF World Tour Rankings in Men’s Singles category.

·                HS Prannoy become World’s no 1 by overtaking the defending world champion Viktor Axelsen.

·                17 year old Anupama Upadhyaya has topped the latest (6th September 2022) BWF World Junior Ranking in Women’s Singles category.

 

18.           QUEEN ELIZABETH II, PASSES AWAY

·                On 8th September 2022, Queen Elizabeth II, the United Kingdom’s (UKs) or Britain’s longest-serving monarch, passed away at Balmoral Castle in Scotland at 96 years after reigning for 70 years.

·                Elizabeth II became Queen on the death of her father King George VI on 6th February 1952.

·                Her reign of 70 years was 7 years longer than that of Queen Victoria and thus she became the longest reigning queen of the UK.

·                With the death of Queen Elizebeth, her son Prince Charles has become king of the United Kingdom (UK) and 14 other colonies.

·                The new King, Prince Charles (73 years) will officially be known as King Charles III and is the oldest monarch to take the throne in the history of Britain’s reign.

 

19.           WORLD EV DAY 2022- SEPTEMBER 9

·                World Electric Vehicle (EV) Day is annually observed across the globe on 9 September to spread awareness about the benefits of using electric vehicles.

·                World EV Day was an initiative created by the sustainability media company GreenTV.

·                The first World EV Day was observed on 9th September 2020.

·                China is the largest EV market in the world.

·                It emerged as the top producer and seller of electric vehicles in the world.

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