July 2022 | Page 15 of 44

Harshada clinches gold at Asian Youth and Junior Weightlifting Championship

Harshada Garud has clinched the gold with an aggregate of 157kg (69kg+88kg), in the women’s 45kg gold at the Asian Youth and Junior Weightlifting Championship in Tashkent, Uzbekistan. Soumya Dalvi has bagged the bronze in the 45kg category of the youth event. In the men’s 49 kg youth event, L Dhanush has won the bronze with an 85 kg effort. Minister of Youth Affairs and Sports: Anurag Thakur […]

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Gautam Adani becomes world’s fourth richest rank on Forbes list

As per the Forbes’ Real-Time Billionaires List, Chief of Adani Group, Gautam Adani has become the world’s 4th richest person (net worth: $115.5 billion). Adani’s wealth has been surged by $2.9 billion due to sharp run-up in Adani Group stocks. He has surpassed Microsoft cofounder, Bill Gates, who has announced to donate $20 billion of his wealth to the Bill & Melinda Gates Foundation. Mukesh

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Morgan Stanley cuts India’s FY24 GDP growth to 6.4%

Morgan Stanley has reduced its FY23 real GDP expansion estimate for India by 0.40% to 7.2% on slower global growth. It has also estimated that the GDP growth for the FY24 will slow down to 6.4%, this is lower by 0.30% as compared to the earlier estimate. The RBI has estimated that the GDP of India will stand at 7.2% for FY 23.

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Sri Lanka: Ranil Wickremesinghe elected as 9th President

Ranil Wickremesinghe, 73, has been elected the 9th President of Sri Lanka. He was voted to the country’s top job not by the people but by members of Parliament to finish the remainder of the term of Gotabaya Rajapaksa. His elevation is not likely to end the ongoing political crisis in Sri Lanka and may

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Henley Passport Index 2022: India ranks 87th

The Henley Passport Index has recently released the list of the World’s Most Powerful Passports for the year 2022. Japan has the world’s most powerful passport, followed by Singapore and South Korea, as per Henley Passport Index 2022. The holder of Japanese passport will get visa-free access to 193 countries. India has slipped from 85th place to the 87th with

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Australian tennis player, Lleyton Hewitt inducted into Tennis Hall of Fame

Former world number one, Lleyton Hewitt was inducted into the International Tennis Hall of Fame, as part of the 2021 class. He is the 34th player from Australia to be inducted. He has won the 2001 US Open and 2002 Wimbledon titles among 30 career ATP triumphs and was a part of two Davis Cup championship teams in 1999 and 2003. Hewitt won

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Jawaharlal Nehru Port becomes first 100% landlord major port of India

Jawaharlal Nehru Port has become first 100% Landlord Major Port of India, all berths is being operated on public-private partnership (PPP) model. Aim: Improve the utilization in crane and berth productivity of the terminal and reduce transit time, and logistics cost. With this the total handling of JNPT has increased to 1.8 million Twenty-foot Equivalent Units (TEUs) from the present

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Govt declares ‘zero coupon zero principal instruments’ as securities

The government has declared “zero coupon zero principal instruments” as securities. Zero coupon zero principal instrument: An instrument issued by a Not for Profit Organisation, will be registered with the social stock exchange segment of a recognised stock exchange. These will be governed by rules made by the Securities and Exchange Board of India. Social Stock Exchange: To serve

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Former SC Judge Vineet Saran appointed as BCCI Ethics Officer

Former Supreme Court judge, Vineet Saran has been appointed as the BCCI’s ethics officer and ombudsman. He has succeeded Justice (Retd) D K Jain, whose term ended in June 2021. He is a former Chief Justice of Odisha High Court, and also served as a judge in Karnataka and Allahabad High Court. He has been graduated from Allahabad University

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RBI imposes restrictions on Mumbai-based Raigad Sahakari Bank

RBI has imposed restrictions on Mumbai-based cooperative bank, Raigad Sahakari Bank. Reason: Worsening of financial situation of the lender. The restrictions also include a withdrawal limit of Rs 15,000 per customer and it will remain in force for a period of six months. RBI has also imposed a penalty of Rs 6 lakhs on Shri Chhatrapati Rajarshi Shahu Urban Co-operative

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