Current Affairs

  Tamil Nadu government has awarded K. Sivan with its Dr. A.P.J. Abdul Kalam Award. K. Sivan is currently serving as the chairman of Indian Space Research Organisation.
Source: The Hindu

 Cab aggregator Ola announced acquihiring of Pikup.ai, an Artificial Intelligence start­up based in Bengaluru. Acquihiring typically refers to a transaction in which the staff of the target company join the acquiring firm. Pikup.ai uses autonomous technologies like AI, computer vision and sensor fusion to provide seamless AI-powered solutions for businesses.
Source: The Hindu

  Argentina World Cup-winning team football player Jose Luis Brown has passed away. Brown made 36 appearances for his country, the most famous of which came in the 1986 World Cup final in Mexico.
Source: The Hindu

 Simone Biles makes history with a never-before-seen “triple-double” floor exercise landing. She performed the landing featuring “two flips and three twists” in U.S. Gymnastics Championships held in Kansas City.
Source: The Hindu

 The Netherlands’ most-capped player Wesley Sneijder announced his retirement from football. He played 134 times for his country and his career included a World Cup runners-up medal as well as Champions League, La Liga and Serie A titles.
Source: The News18

  Cricket will come back to the Commonwealth Games (CWG) roster for the 1st time since 1998 in Kuala Lumpur, with the inclusion of women’s T20 for the 2022 edition in Birmingham. It will take place from July 27 to August 7, 2022, with 8 international teams playing cricket. This decision was taken by Commonwealth Games Federation (CGF) and the International Cricket Council (ICC).
Source: The Hindu

 Railway Protection Force (RPF) of Indian Railways launched a Special Drive with a Code Name “Operation Number Plate” to identify and verify all vehicles parked in Railway premises, circulating area, parking and even in the ‘No Parking’ areas for a longer duration. The unidentified vehicles are considered a serious threat to the security and safety of passengers and other stakeholders of railways.
Source: The Press Information Bureau

  Swachh Nagar app was launched by the Union Housing and Urban Affairs Ministry. An app that will allow users to have waste — solid, wet or construction and demolition (C&D) — collected by their urban local bodies along with a new protocol on wastewater treatment that would become a part of cleanliness rankings of cities.
Source: The Hindu

 The Central government has rolled out scheme for liquidity support to NBFCs. The partial guarantee scheme will allow state-run banks (PSBs) to purchase assets of non-banking and housing finance companies (NBFCs and HFCs). The partial guarantee scheme aims at providing liquidity support to avoid distress sale of assets in a sector facing a shortage of cash due to asset-liability mismatch. NBFCs will be able to sell 20% of standard assets, worth up to Rs 5,000 crore, as on March 31.
The Department of Economic Affairs will provide government guarantee of up to 10%of the fair value of assets purchased by a bank from a stressed NBFC or HFC. The scheme is capped at Rs 1,00,000 crore and will be open for up to 6 months. The government will settle claims by banks within 5 working days. The one-time guarantee on the pooled assets will be valid for 24 months from the date of purchase and can invoked in specified circumstances.
Source: The Economic Times

  Legendary Indian sprinter P.T. Usha, one of India’s greatest athletes, has been appointed as a member of the Asian Athletics Association’s (AAA) Athletes Commission. This is the 2nd time P.T. Usha has been appointed a member of the Asian Athletics Association’s Athletes Commission P.T. Usha will be one of the six members of the AAA Athletes Commission, to be headed by 1992 Olympics gold medallist hammer thrower Andrey Abduvaliyev of Uzbekistan.
Source: The Hindu


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