Current Affairs April 2022

SEBI announces Ideathon ‘Manthan’ to promote innovation in securities markets

Sebi Chairperson Madhabi Puri Buch on Wednesday said that India is well positioned to leverage technology in the securities market to deliver customised solutions at a very low cost to individuals across the country as she launched an ideathon to promote innovation. The ideathon was launched by Sebi Chairperson Madhabi Puri Buch. Manthan is a six-week long ideathon being organised by Sebi in […]

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HDFC Bank announce the merger with HDFC Ltd

Mortgage lender HDFC is set to merge with HDFC Bank to create India’s third-biggest financial entity in terms of market capitalisation. With the proposed merger, HDFC Bank can build its own housing loan portfolio and also enhance its existing customer base. HDFC Bank will be 100% owned by public shareholders. The scheme is subject to the receipt of multiple approvals. HDFC Bank

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Pulitzer Prize-winning American poet Richard Howard passes away

Pulitzer Prize awardee American poet, Richard Howard passed away at age of 92. Richard Joseph Howard was born on 13 October 1929 in Cleveland, Ohio, United States (US). He was an American poet, literary critic, essayist, teacher, and translator. Howard won the Pulitzer Prize in 1970 for ‘’Untitled Subjects’’ and was a National Book Award Finalist in

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International Day of Sport for Development and Peace 2022 : 06 April

The International Day of Sport for Development and Peace (IDSDP), which takes place annually on 6 April, presents an opportunity to recognize the positive role sport and physical activity play in communities and in people’s lives across the globe. The day is a means to celebrate the power of sport which can drive social change,

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Anthony Heredia appointed as MD and CEO of Mahindra Manulife Mutual Fund

Anthony Heredia has taken charge as MD and CEO of Mahindra Manulife Mutual Fund; it is a joint venture of Mahindra & Mahindra Financial Services and Manulife Investment Management (Singapore) Pte. Ltd, which is also known as Mahindra Asset Management Company. He succeeded Ashutosh Bishnoi, who retired on 31st March 2022. In 2020, Manulife acquired 49% stake in Mahindra Asset

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United Nations International Day of Conscience 2022: 05 April

International Day of Conscience 2022 celebrations are on Tuesday, 5 April 2022. This Day is observed every year on 5th April and the first International Conscience Day was observed in 2020. So in the current year, the third United Nations (UN) International Day of Conscience celebrations are being held across the world. The resolution was adopted on on

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Author Devika Rangachari pens book on Lakshmibai titled ‘Queen of Fire’

Devika Rangachari, an award-winning children’s author and historian, has written a new novel called “Queen of Fire,” which tells the narrative of Rani Lakshmibai of Jhansi. The novel is all about the brave queen and warrior Rani Lakshmibai of Jhansi, focusing on her journey as a queen, soldier, and statesman. The book is meant for readers aged

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Union Minister Dharmendra Pradhan releases book titled “Birsa Munda – Janjatiya Nayak” written by Prof. Alok Chakrawal

“Birsa Munda – Janjatiya Nayak” by Prof. Alok Chakrawal: Union Minister of Education and Skill Development, Shri Dharmendra Pradhan has released a book titled “Birsa Munda – Janjatiya Nayak” in New Delhi. The book has been written by Prof. Alok Chakrawal, Vice Chancellor, Guru Ghasidas Vishwavidyalaya, Bilaspur, Chhattisgarh. This book brings forward the struggle of

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Government appoints Vinay Mohan Kwatra as new foreign secretary

India’s envoy to Nepal Vinay Mohan Kwatra was on Monday, April 4, appointed as the new foreign secretary, succeeding Harsh Vardhan Shringla who will retire at the end of this month, a personnel ministry order said. Mr Kwatra is currently serving as India’s envoy to Nepal, from March 2020. He will replace current foreign secretary,

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RBI fixes WMA limits for the State Governments/UTs to Rs 47,010 crore

In view of improvement in the pandemic situation, the Reserve Bank on Friday decided to reduce the Ways and Means Advances (WMA) for states and Union Territories to Rs 47,010 crore from Rs 51,560 crore. These norms will be effective from April 01, 2022. RBI had raised the WMA limit to Rs 51,560 crore for

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