Current Affairs July 2022

India signs MoU with Armenia on High Impact Community Development Projects

India signs MoU with Armenia on High Impact Community Development Projects

India has signed an MoU with Armenia on High Impact Community Development Projects in Armenia with financial and technical assistance from India. The MoU was signed at the 8th India-Armenia Intergovernmental Commission on Trade, Economic, Scientific and Technological, Cultural and Educational Cooperation (IGC) held in Yerevan. Later, Mahatma Gandhi Auditorium was inaugurated at the Yerevan State Medical University (YSMU). Armenia Capital: […]

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Edelweiss General Insurance launches SWITCH, comprehensive motor insurance

Edelweiss General Insurance launches SWITCH, comprehensive motor insurance

Edelweiss General Insurance has launched a comprehensive motor insurance product named SWITCH. This product was launched under Insurance Regulatory and Development Authority’s (IRDAI) Sandbox initiative. SWITCH is a digital mobile telematics-based motor policy. This app detects the motion and automatically activates insurance when the vehicle is driven. SWITCH is about ‘Drive less, pay less; Drive better, pay

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Lt. General Mohan Subramanian appointed as Force Commander of UN Mission in South Sudan

Lt. General Mohan Subramanian appointed as Force Commander of UN Mission in South Sudan

United Nations Secretary-General António Guterres on Wednesday announced the appointment of Lt Gen Mohan Subramanian of India as Force Commander of the United Nations Mission in South Sudan (UNMISS). He succeeds Lt Gen Shailesh Tinaikar also from India. United Nations Secretary-General António Guterres announced the appointment on July 5. Almost 20,000 peacekeepers serve with the

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Indian Navy commissions first ALH Squadron INAS 324

Indian Navy commissions first ALH Squadron INAS 324

Indian Navy has commissioned Indian Naval Air Squadron 324 in the presence of Vice Admiral, Biswajit Dasgupta at INS Dega, Visakhapatnam. This is the first Naval Squadron on the Eastern Seaboard operating indigenously designed and built Advanced Light Helicopter (ALH) MK III (MR) helicopters. This has been named as ‘Kestrels’, after a bird species, that has good sensory capabilities,

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Burman family becomes official promoter of Eveready Industries

Burman family becomes official promoter of Eveready Industries

Dabur India promoter Burman family has now become official promoter of Eveready Industries. The investment firms of the Burman family entities had acquired a 14.55% share of Eveready Industries from the open market and now collectively own a majority stake. Prior to this, the family had acquired a 23.83% stake in Eveready Industries. Besides Dabur, the Burman family owns other

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Indian American, Jayshree V Ullal on Forbes list of richest self-made women

Indian American, Jayshree V Ullal on Forbes list of richest self-made women

Jayshree V Ullal, the president and CEO of Arista Networks, a computer networking firm has been named on the eighth edition of Forbes’ list of America’s richest self-made women. She has been heading Arista Networks since 2018. She is also on the board of directors of Snowflake, a cloud computing company. Other Indian American: Neerja Sethi, Neha Narkhede, Indra Nooyi,

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Uganda announces discovery of 31 million metric tonnes of gold deposits

Uganda announces discovery of 31 million metric tonnes of gold deposits

The African country, Uganda has recently announced the discovery of a deposit of 31 million tonnes of gold ore, with extractable pure gold estimated to gross 320,000 tonnes. It will attract big investors to develop the Sector hitherto dominated by small wildcat miners. To boost the country’s economy, the Ugandan Government has licensed Wagagai Gold Mining Company, a Chinese firm

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Utilizing BiSAG-N app, Steel Ministry interfaces with GatiShakti portal 

Utilizing BiSAG-N app, Steel Ministry interfaces with GatiShakti portal 

The Ministry of Steel said that it has joined the PM Gati Shakti Portal and uploaded the geo coordinates of important projects in an effort to detect and address connection gaps in the infrastructure. According to a press release, the ministry registered itself on the National Master Plan portal with the help of the Bhaskaracharya National Institute for Space Applications

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