Daily Current Affairs 22 December 2022 for Banking/Insurance/SSC and other related exams.
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NATIONAL NEWS
Social Progress Index (SPI) for States and Districts released
The Economic Advisory Council to Prime Minister (EAC-PM) along with Institute for Competitiveness and Social Progress Imperative released the Social Progress Index (SPI) for States and Districts of India as mandated by the EAC-PM.
- Puducherry, Lakshadweep, and Goa stand out as the best-performing States in the index. The top three performing districts are Shimla in Himachal Pradesh, Solan in Himachal Pradesh, and Aizawl in Mizoram.
- Puducherry has the highest SPI score of 65.99 in the country, attributable to its remarkable performance across components like Personal Freedom and Choice, Shelter, and Water and Sanitation. Lakshadweep scored 65.89 and Goa closely follow with 65.53. Jharkhand and Bihar scored the lowest.
- For the dimension of Basic Human Needs, Goa, Puducherry, Lakshadweep, and Chandigarh are the top four States with the best performance in Water and Sanitation and Shelter as compared to the other States and Union Territories. Mizoram, Himachal Pradesh, Ladakh, and Goa have emerged as the best-performing States for the Foundations of Wellbeing.
BANKING & FINANCE
HDFC Securities launches Google Search-driven education platform
Stock brokerage firm HDFC Securities has launched Roots, a dedicated platform providing comprehensive investor education and market analysis.
- The site offers multiple forms of valuable information, including articles, bite-sized tips, podcasts by experts, video tutorials and explainers, and live social media feed on the Indian financial markets.
- The biggest USP of the platform is that it produces content which are being searched on Google by current or prospective investors and traders.
BUSINESS & ECONOMY
Gross Direct Tax Collections for FY 2022-23 register growth of 25.90%
The Gross collection of Direct Taxes has registered a growth of 25 .90 percent which stood at 13,63,649 crore rupees in the financial year 2022-23. The Gross collection in the corresponding period stood at 10,83,150 crore rupees.
- According to the Finance Ministry data, the Net Direct tax collection for FY 2022-23 stood at 11,35,754 crore rupees, registering a growth of 19.81 percent. The Net Direct tax collection for the corresponding period was recorded at 9,47,959 crore rupees.
- Meanwhile, Advance Tax collections for FY 2022-23 recorded at 5,21,302 crore rupees, which showed a growth of 12.83 per cent.
IPL crosses $10 billion valuation to become a decacorn
The Indian Premier League’s (IPL) valuation jumped about 75 per cent from $6.2 billion in 2020 to reach a whopping $10.9 billion in 2022, pushing the sporting league into the club of decacorns for the first time. This was revealed in a report by consulting and advisory platform, D and P Advisory. A decacorn refers to a business whose valuation is more than $10 billion.
- The report also revealed that this year’s season generated some 13 million concurrents on Hotstar where the league is aired as compared to 10 million last year. Additionally, Australian player, Tim David, emerged as the batsman with the highest strike rate which stood at 216.27.
SPORTS
T20 World Cup for the Blind: India beat Bangladesh to claim third successive title
India defeated Bangladesh by 120 runs in the finals of the T20 World Cup 2022 for the Blind in Bangalore to win an unprecedented third consecutive title.
- Batting first India scored 277 runs in their 20 overs. In reply, Bangladesh were all out for 157 runs in their 20 overs.
- Australia, Bangladesh, Nepal, South Africa, and Sri Lanka competed in the third edition of the competition, which was hosted by India. The Men in Blue, who had previously won the title in 2012 and 2017, completed a hat-trick of wins by defeating Bangladesh in the final.
APPOINTMENTS
Senior Nuclear Scientist Dinesh Kumar Shukla named as new head of AERB
Senior nuclear scientist Dinesh Kumar Shukla has been appointed as the chairperson of the Atomic Energy Regulatory Board (AERB) for a period of three years, according to a government order.
- Shukla, who has been the executive director of the AERB, succeeds G Nageswara Rao to the top post.
- A graduate in mechanical engineering from the Jabalpur University, Shukla joined the Department of Atomic Energy (DAE) in 1981.
AWARDS
Guru Nanak Dev University becomes only University in India to get A Grade by NAAC
The Guru Nanak Dev University, Amritsar has got A grade by scoring 3.85 points in National Assessment and Accreditation Council (NAAC) grading, thereby becoming the only University in India to get this score.
- University in India to get this score. Tata Institute of Social Sciences (TISS) is the only other educational institution with a higher grade of 3.89 in the country.
SCIENCE & TECHNOLOGY
Navy launches indigenously-built ship ‘Arnala’ in Chennai
Indian Navy Ship (INS) Arnala, the first of 16 anti-submarine warfare shallow water craft (ASW-SWC) being built in India for the Indian Navy, was launched at Larsen & Toubro’s (L&T’s) Kattupalli shipyard near Chennai.
- Built by Garden Reach Shipbuilders and Engineers (GRSE), ‘Arnala’ made its first contact with the water of the Bay of Bengal at 10.40 am at the launch ceremony presided over by Rasika Chaube, financial adviser (defence services) of the defence ministry
- The ship has been named ‘Arnala’ to signify the strategic maritime importance accorded to the island of Arnala, located about 13 kilometres north of Vasai, Maharashtra, by Maratha warrior king Chhatrapati Shivaji Maharaja.
OBITUARIES
Lance Naik Bhairon Singh Rathore passes away
Lance Naik Bhairon Singh Rathore, a BSF veteran and hero of the 1971 India-Pakistan War, passed away in Jodhpur at the age of 81.
- The BSF veteran’s bravery at Rajasthan’s Longewala post during the war was portrayed by actor Suniel Shetty in the Bollywood movie ‘Border’. He served in the 14th BSF unit during the war and retired from service in 1987.
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