Current Affairs July 2022

RBI launches awareness campaign as unclaimed deposits increase

RBI launches awareness campaign as unclaimed deposits increase

The RBI has launched a campaign to raise the awareness about the unclaimed deposits, with a focus on the eight states that have the maximum amount of unclaimed deposits. The unclaimed deposits in banks have increased to Rs 48,262 crore in FY22 from Rs 39,264 crore. Eight states: Tamil Nadu, Punjab, Gujarat, Maharashtra, Bengal, Karnataka, Bihar and Telangana/Andhra Pradesh. This […]

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ECGC introduces new scheme to provide enhanced export credit risk insurance

ECGC introduces new scheme to provide enhanced export credit risk insurance

Export Credit Guarantee Corporation of India (ECGC) has launched a new scheme to provide enhanced export credit risk insurance cover to the extent of 90%. Aim: To support small exporters under the Export Credit Insurance for Banks Whole Turnover Packaging Credit and Post Shipment (ECIB- WTPC & PS). This scheme will benefit small-scale exporters availing of export credit with banks

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The Ramsar sites of India increases to 54, five new sites added

The Ramsar sites of India increases to 54, five new sites added

India has designated five new wetlands of international importance, increase the total number of Ramsar sites in the country to 54 from 49. Five new wetland sites are: Tamil Nadu: Karikili Bird Sanctuary, Pallikaranai Marsh Reserve Forest & Pichavaram Mangrove Mizoram: Pala wetland Madhya Pradesh: Sakhya Sagar The Ramsar Convention on Wetlands (international treaty) aims at the conservation and

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World Airport Traffic Dataset 2021 released

World Airport Traffic Dataset 2021 released

The Airports Council International has published World Airport Traffic Dataset, in which Delhi Airport placed 13th on the list of the world’s busiest airports for 2021. IGIA has witnessed 3.7 crore passenger footfall in 2021. The Hartsfield-Jackson Atlanta International Airport (ATL) has topped the 2021 ranking with  7.6 crore footfall of passengers. Airports Council International HQ:  Montreal, Canada International Civil Aviation Day: 7

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HDFC Securities joins hands with Equitas SFB to offer demat services

HDFC Securities joins hands with Equitas SFB to offer demat services

HDFC Securities Ltd has partnered with Equitas SFB to provide demat accounts, and broking and investment services to its customers. Equitas Small Finance Bank will offer its customers 3-in-1 account, to access the services of HDFC Securities. With this partnership, Equitas Small Finance customers will be able to open their demat account for buying and selling shares and trading

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LIC reduce stake in Sun Pharma by 2%

LIC reduce stake in Sun Pharma by 2%

Life insurance corporation (LIC) has has reduced shareholding in Sun Pharmaceuticals by selling 2% stake, in the company for about Rs 3,882 crore, to 5.024%. The shares were sold through open market transactions during the period from May 17,2021 to July 22, 2022. As per the norms of Sebi, listed companies are required to intimate the stock exchanges when their

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