Current Affairs February 2022

Bank of Baroda to acquire Union Bank's stake in India First Life Insurance

Bank of Baroda to acquire Union Bank’s stake in India First Life Insurance

Bank of Baroda will acquire Union Bank of India’s 21% stake in IndiaFirst Life Insurance Company. It is a joint venture between Bank of Baroda, Union Bank of India and Carmel Point Investments. At present, the shareholding in IFIC is BoB holds 44%, Carmel Point Investments India holds 26% and UBI holds 30%. The acquisition is pursuant to a ‘Right of First Offer’ made by UBI to the […]

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Yes Bank launches Agri Infinity program

Yes Bank launches Agri Infinity program

Yes Bank has announced the launch of an annual startup enabler program, Yes Bank Agri Infinity. It seeks to co-develop digital financial solutions for the food and agriculture ecosystem. Those meeting the eligibility criteria will receive the guidance and support necessary to develop their solutions and apply them across the agricultural value chain. Through the initiative, a

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ISRO successfully launches earth observation satellite, EOS-04 and 2 co-passenger satellites, in its first mission of 2022

ISRO successfully launches earth observation satellite, EOS-04 and 2 co-passenger satellites, in its first mission of 2022

The Indian Space Research Organisation (ISRO) on Monday successfully launched Earth Observation Satellite EOS-04, into an intended sun-synchronous polar orbit of 529 km altitude. This was the first launch mission of ISRO in the year 2022. The satellites were launched onboard the launch vehicle PSLV-C52 rocket from the First Launch Pad of Satish Dhawan Space

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Ravi Chopra Resigns as Chairman of Supreme Court-appointed Char Dham Panel

Ravi Chopra Resigns as Chairman of Supreme Court-appointed Char Dham Panel

Veteran environmentalist Ravi Chopra has resigned as Chairman and member of the Supreme Court’s High Powered Committee (HPC) for the Char Dham project. His belief that the HPC could protect this fragile (Himalayan) ecology has been shattered. The Supreme Court on December 14 allowed double-lane widening of roads for the project in view of “security concerns.” The Chopra

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J&K government signs pact with New Zealand for transforming sheep farming sector

J&K government signs pact with New Zealand for transforming sheep farming sector

The Jammu and Kashmir government has signed a pact with New Zealand for the transformation of the sheep farming sector in the Union territory. The year 2022 marks the 70th anniversary of the commencement of bilateral relations between India and New Zealand. According to the agreement, the overarching objective is to improve farmers’ remuneration, transfer

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