Current Affairs July 2022

ISRO to launch rocket PSLV-C53, carrying three Singapore satellites

Indian Space Research Organization (ISRO) is ready to launch the rocket PSLV-C53 with three Singapore satellites on 30th June, from the Satish Dhawan Space Centre at Sriharikota. PSLV-C53, is the second dedicated commercial mission of the NewSpace India Limited, Department of Space. Primary payloads: 365 kg earth observation satellite called DS-EO, a 155 kg NeuSAR satellite and the 2.8 kg Scoob-1 […]

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NITI Aayog launches report on Future Penetration of Electric Two-Wheelers

NITI Aayog and TIFAC have launched a report titled ‘Forecasting Penetration of Electric Two-Wheelers in India’. Total eight scenarios have been for analyzing the future penetration of electric two-wheelers in the country. Optimistic scenario Forecasts: 100% penetration of electric two-wheelers in the Indian market by FY 2026–27. TIFAC, is an autonomous organization set up in 1988 under the Department of Science

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Airtel Payments Bank partners Axis Bank to digitise the cash collection

Airtel Payments Bank has joined hands with Axis Bank to digitize the cash collection system. Region: India’s tier III cities and semi-urban regions. Benefits: Axis Bank to build operational efficiencies in the cash management process, speed up the payment cycle It helps in releasing the bandwidth of field agents who operate across the country. Agents can deposit the amount at

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NASA launches CAPSTONE to evaluate new orbit for Artemis Moon Missions

The first step of NASA’s CubeSat mission to the Moon has been successfully completed in space. It was built to test a novel lunar orbit. The Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE) mission has been launched on Rocket Lab’s Electron rocket from the Rocket Lab Launch Complex, New Zealand. CAPSTONE is currently in low orbit of Earth

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Telangana government inaugurates T-Hub 2.0, innovation centre in Hyderabad

Telangana CM, K Chandrashekhar Rao has inaugurated the T-Hub 2.0, nation’s leading innovation and startup catalyst. This facility will support over 2000 startups under one roof, with a total built-up area of 5,82,689 sq. ft, making it the world’s largest innovation campus. With the help of this hub, young Indians launch their startups with a collaborative innovation ecosystem. Recently, Telangana has

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Japan’s Renesas partners with Tata Motors to develop chip solutions

Japanese chipmaker, Renesas Electronics Corp has joined hands with Tata Motors, formed a strategic partnership to design, develop and manufacture semiconductor solutions for domestic and global markets. Renesas will also work with Tejas Networks (subsidiary of Tata Group company) on wireless network solutions including 5G. In March 2022, the next-generation EV Innovation Center (NEVIC) was jointly set up by the Renesas and Tata

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Union Minister Arjun Munda launches GOAL 2.0 programme in New Delhi

Union Minister of Tribal Affairs, Arjun Munda has launched the second phase of the Going Online As Leaders (GOAL) Programme in New Delhi. The GOAL 1.0 has changed the lives of tribal youth through the digital mentorship programme. This programme will also create a platform for Self-Help Groups and ten lakh families associated with TRIFED to take their products

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Odisha govt wins first prize in 2022 National MSME Award

Odisha’s MSME Department has been awarded first prize in the category “National MSME Award 2022″ to States/UTs for their outstanding contribution in the promotion and Development of MSME Sector. Bihar and Haryana have been placed second and third respectively. Kalahandi, Odisha won third prize in the category of Aspirational districts for outstanding contribution in the promotion and development of MSME Sector.

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SEBI imposes monetary penalty of ₹7 cr on NSE

The Securities and Exchange Board of India has imposed a penalty of 7 crore on the National Stock Exchange (NSE) and 5 crore on Chitra Ramkrishna (former CEO of the exchange) in the dark fibre case. The market regulator has also penalized Anand Subramanian (former group operating officer) and Ravi Varanasi (current CBD officer), 5 crore each. Sampark Infotainment, Way2Wealth

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The Centralized Pay System, PADMA for Indian Coast Guard launched

Rajnish Kumar, Controller General of Defence Accounts (CGDA), Ministry of Defence has launched the Pay Roll Automation for Disbursement of Monthly Allowances (PADMA). PADMA is an automated Pay & Allowances module for the Indian Coast Guard. It is developed under the aegis of Defense Accounts Department. It will be operated by Pay Accounts Office Coast Guard, Noida. ICG Director General:

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