1.World Health Organization honors one million women ASHA health workers of India
World Health Organization honors one million women ASHA health workers from India for their outstanding contribution to global healthhas done. ASHA health workers have been given this honor for their leadership ability and demonstrated commitment to regional health issues. He has been awarded for the vital role of ASHA health workers in connecting people to the health system during the COVID-19 pandemic and ensuring access to primary health care services for poor people in rural areas. The World Health Organization has said that ASHA workers have played a major role in the promotion of nutrition, hygiene and healthy lifestyles, including the care of mothers and children, immunization for vaccine-preventable diseases, community health, treatment of hypertension and TB . This award was instituted in 2019.
2.Sweden and Finland apply to join NATO
Finland and Sweden joined the North Atlantic Treaty Organization (NATO)Submit your application to join. Although Finland and Sweden have a non-aligned policy, they have always been close to NATO. The 2022 Russian invasion of Ukraine prompted him to join NATO. NATO is an intergovernmental military alliance consisting of 30 member states belonging to Europe and North America (28 European states, the US and Canada). NATO takes all decisions by consensus. The last country to join NATO was North Macedonia in 2020. NATO is headquartered in Brussels, Belgium. NATO aims to guarantee the security of its members through political and military means. According to Article 5 of the North Atlantic Treaty (the founding treaty of NATO),
3.World Bank to provide $30 billion aid for food crisis
Actions to be taken to reduce ongoing food security have been announced by the World Bank . The World Bank will invest up to $30 billion to finance new and existing projects to mitigate this crisis . Funding will be provided in areas such as nutrition, agriculture, water, social security and irrigation to address the ongoing food insecurity around the world over the next 15 months. The funding will also include efforts that help boost fertilizer and food production, facilitate trade, enhance food systems, and support vulnerable producers and families around the world. The World Bank is working with several countries to develop new projects worth $12 billion over the next 15 months to tackle the ongoing food crisis.
4.Recommendations of GST Council not binding on Centre, States: Supreme Court
The Supreme Court recently ruled that the recommendations of the Goods and Services Tax (GST) Council are not binding on the Center and the states . The Supreme Court held that the recommendations of the GST Council have only persuasive value and are not binding in nature. The Supreme Court emphasized that Article 246A of the Indian Constitution (which empowers the states to levy taxes on goods and services) treats the Union and the states as “equal, so Parliament and state legislatures have no say on goods and services tax”. have equal powers to make laws. The GST Council is a constitutional body (Article 279-A) that makes recommendations to the central and state government on matters related to the Goods and Services Tax (GST). It is a joint forum of the Center and the states headed by the Union Finance Minister.
5.Prime Minister Narendra Modi arrives in Tokyo to attend the quad leaders summit, will also meet Indian nationals in Japan
Prime Minister Narendra Modi arrived in Tokyo on a two-day visit to Japan to attend the Quad Leaders ‘ Summit . In addition to attending the Quad Summit, Mr. Modi, President of the United States of America, Joe. Biden will hold bilateral meetings with Prime Minister Anthony Albanese of Australia and Prime Minister Fumio Kishida of Japan . Prime Minister Modi will interact with representatives of Japanese industry and people of Indian origin.
6.World economic situation and prospects
According to the World Economic Situation and Prospects (WESP) report released by the United Nations on 18 May 2022 , the global economy is expected to grow by only 3.1% this year . The earlier prediction in January was 4.0% but mainly due to the war in Ukraine.Because of this the rate decreased. The report is published by the United Nations Department of Economic and Social Affairs (DESA). Forecasts showed that the Ukraine conflict and the COVID-19 pandemic have increased commodity and food prices. According to this report, the global inflation rate is estimated to reach 6.7% this year. High inflation rates in developing and least developed countries are reducing the real income of households. The decline in growth prospects is affecting all countries across the world, including major economies such as the US, EU, China, etc. as well as other major economies. High food and energy prices are affecting most developing economies.
7.Vijay Shekhar Sharma re-appointed as MD and CEO of Paytm
Vijay Shekhar Sharma has been re-appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Paytm for the next 5 year term . His term will be from 19 December 2022 to 18 December 2027. One97 Communications which is listed under Paytm brand also announced the appointment of Madhur Deora as Additional Director of the company for a term of 5 years from May 20, 2022 to May 19, 2027.
8.WealthDesk to buy phonepe wealth management platform
PhonePe , an Indian payments business backed by Walmart Inc. , is acquiring two wealth management firms for a total of $75 million . Wealthdesk will cost about $50 million, while OpenQBut it will cost about $25 million, including debt, according to people familiar with the situation, who asked not to be identified because the facts are confidential. Clients can invest in equities and exchange traded funds through Wealthdesk, which was created in 2016 and is located in Mumbai, India’s financial hub. OpenQ also provides trading baskets and investment analysis to consumers and institutional clients. The acquisition will help PhonePe, which is owned by Walmart-backed Flipkart, expand its offerings into a lucrative payments market where tech giants such as Alphabet Inc. Google, Amazon.com Inc., and SoftBank Group Corp. have completely sold Paytm. has supported.
9.India received FDI of $83.57 billion in FY 2022
The Union Government announced that India has recorded the highest ever annual FDI inflow of $83.57 billion during FY 2022 . In 2020-21, inflows stood at $81.97 billion. India is fast emerging as a preferred country for foreign investment in the manufacturing sector. FDI equity inflows into the manufacturing sector increased by 76 percent in 2021-22 ($21.34 billion) as compared to 2020-21 ($12.09 billion). In terms of top investor countries, Singapore topped with 27 per cent, followed by the US (18 per cent) and Mauritius (16 per cent) during the last fiscal. In the regions, computer software and hardware attracted maximum flow. The service sector and the automobile industry followed suit.
10.Supreme Court approves mining and export of iron ore in Karnataka
The Supreme Court of India allowed mining companies to export iron ore extracted from mines in Ballari, Chitradurga and Tumakuru districts of Karnataka . A bench of Chief Justice NV Ramana, Justice Krishna Murari and Justice Hima Kohli took note of the central government’s position and withdrew the export ban on iron ore, directing the companies to comply with the restrictions of the authorities. The Supreme Court had in 2012 banned the export of iron ore from Karnataka, aiming to prevent environmental degradation and ensure that the state’s mineral resources are retained for future generations as part of the notion of inter-generational equality. To be kept
11.NDB to open its ‘Regional Office’ in India in GIFT City, Gujarat
Shanghai – based BRICS multilateral bank, New Development Bank (NDB) , has opened its first regional office in India Gujarat International Finance Tec-City (GIFT City)to meet the infrastructure and sustainable development needs of the country. The India office will focus on increasing its presence in the country by developing, implementing and monitoring new projects. The existing regional offices of the NDB will be supplemented by the new India office. Its Africa Regional Center (ARC) opened in Johannesburg in 2017, the Americas Regional Office (ARO) in So Paulo with a sub-office in Brasil in 2019, and the Eurasian Regional Center (ERC) in Moscow in 2020. NDB was established in July 2015 by BRICS countries Brazil, Russia, India, China and South Africa. Since then, Bangladesh, the United Arab Emirates, Egypt and Uruguay have joined the bank. NDB has authorized 21 Indian projects with a total investment of $7.1 billion.
12.Netgeo installs world’s highest weather station on Mount Everesto
The National Geographic Society has installed the ” world’s highest weather station ” on Mount Everest at 8,830 meters to automatically measure various meteorological phenomena . Nepal’s Department of Hydrology and Meteorology (DHM) said the automated weather station was installed a few meters below the summit point last week because snow and ice on the summit are not suitable for fixing instruments.
13.10 year old girl Rhythm Mamania from Mumbai sets record by climbing to Everest base camp
10 year old national level skater girl Rhythm Mamania from Mumbai has created a record by climbing to the Everest base camp . Rhythm Mamania not only climbed up to the Everest base camp but also made a comeback through this route. In total, he covered a distance of about 128 kilometers. She has joined young Indian climbers to climb the base camp. Rhythm has achieved a rare feat by completing the climb to the base camp at an altitude of 5,364 meters in 11 days.
14.United Nations forecasts India’s growth rate to be 6.4% in 2022
The United Nations Department of Economic and Social Affairs (UN-DESA) in its ‘ World Economic Situation and Prospects (WESP) Mid-Year Update 2022 ‘ report on India’s GDP (Gross Domestic Product) growth projections for 2022-23 has been reduced from 6.7% to 6.4% . For 2023-24, 6% GDP growth is projected against 6.1% for India. India’s economy grew at the rate of 8.8% in 2021. The growth outlook for South Asia in 2022 has also been lowered by 0.4 percentage points to 5.5%.
15.China plans to discover world’s first habitable planet with space telescope
Chinese scientists have proposed a space project to survey the sky through a space-borne telescope to search for habitable Earth-like planets outside the Solar System, some 32 light-years away from Earth. The project, named the Closeby Habitable Exoplanet Survey (CHES), will be the first space mission specifically designed to search for habitable terrestrial planets around Sun-like stars. The search for habitable planets outside the Solar System is one of the major frontiers of fundamental research in astronomy. The discovery of habitable worlds nearby will be a great success for mankind and will also help humans to visit those twin Earths and expand our living space in the future.
16.Skyroute Aerospace successfully tests its rocket engine
Space sector startup Skyroot Aerospace Pvt Ltd successfully test -fired its Kalam-100 rocket that will power the third stage/engine of the Vikram-1 rocket . The company announced the completion of the milestone of full-duration test-firing of its Vikram-1 rocket stage. The third phase test of Vikram-1, named Kalam-100 after former President APJ Abdul Kalam, had a burn time of 108 seconds. It is the country’s first privately built Satellite Launch Vehicle. Vikram-1 is planned to be launched by the end of this year.
17.IDBI Bank to sell one-fourth stake in Ages Federal Life Insurance
IDBI Bank has entered into a share purchase agreement to sell its remaining 25 per cent stake in private sector life insurance company Ageas Federal Life Insurance for Rs 580 crore . Ageas has become one of the few foreign insurers to increase its stake in its Indian insurance joint venture to 74 per cent after the government raised the foreign direct investment limit in the insurance sector. The agreement, pending regulatory approvals and fulfillment of terms and conditions of the share purchase agreement, is due in Q2 FY23. Ageas, a European insurer, had already increased its stake in the Indian insurance company from 26% to 49% in December 2020.
18.RBL Bank and Amazon Pay tie up for UPI payments
RBL Bank , Amazon Pay and Amazon Web Services (AWS) have partnered together to deliver Universal Payment Interface (UPI) payments, which will include peer-to-peer and peer-to-merchant transactions. Amazon Pay will provide RBL Bank with a UPI ID with the handle @rapl from the National Payments Corporation of India (NPCI), resulting in a seamless payment experience using RBL Bank’s cloud-based processing infrastructure. With its AWS-hosted payment processing technology, RBL strengthens its footprint in the UPI sector, allowing the bank to interact with Amazon Pay’s growing customer base and transaction volume.
19.Adani Group acquires franchise in UAE T20 League
Adani Sportsline , a division of the diversified Adani Group , has created history by acquiring the rights to own and manage a franchise in the UAE ‘s top T20 competition . UAE T20 League, also known as Emirates Cricket Boardis an annual event that will feature six franchise teams participating in a 34-match tournament. The line-up of various teams is likely to include top players from all the cricket playing nations. The league will provide a platform and exposure to the young cricketers of the future. This will be Adani Sportsline’s first significant international move to connect with cricket fans across the globe. The Adani Group, which includes port management, power generation and transmission, renewable energy, mining, airport operations, natural gas, food processing and infrastructure, promotes Adani Sportsline. With operations in 70 sites in 50 countries and a market capitalization of over $222 billion, the company generates annual revenue of over $20 billion.
20.Germany’s Eintracht Frankfurt won the UEFA Europa Football League title
German club Eintracht Frankfurt won their first European trophy in 42 years after beating Rangers 5-4 on penalties in Seville , Spain . The goalkeeper, Kevin Trapp, saved a goal in extra time and then in the shootout to help Frankfurt win 5–4 on penalties. Scottish club Rangers were also trying to win their first European title since the Cup Winners’ Cup in 1972. Kevin Trapp (Eintracht Frankfurt) was the man of the match.
21.May 22: International Day for Biodiversity
International Day for Biodiversity is observed across the world on 22 May every year to promote the conservation and sustainable use of biodiversity.celebrated as. Biodiversity refers to the variety of flora and fauna that make up an ecosystem. Conservation of ecosystem is important for natural balance and human survival. With the adoption of 20 resolution 55/201 on the United Nations General Assembly (United Nations General Assembly) on 22 May, it was announced to celebrate International Biodiversity Day. The day commemorates the adoption of the Agreed Text of the Convention of Biological Diversity (CBD) by the Nairobi Final Act on 22 May 1992. Prior to the adoption of the UNGA resolution, 29 December was designated as the International Day of Biodiversity. The theme for 2022 is “Building a Shared Future for All Life”.
22.International Day to End Obstetric Fistula: May 23
The United Nations (UN) International Day to End Obstetric Fistula 23 May 2013 is marked to promote action towards the treatment and prevention of obstetric fistula, a condition that causes many problems during childbirth in developing countries . Affects girls and women. In 2003 the United Nations Population Fund (UNFPA) and its partners launched the Global Campaign to End Fistulas, a collaborative initiative to prevent fistulas and restore the health of those affected by the condition. This day was officially recognized in 2012.
