Daily Current Affairs 25 February 2023 for Banking/Insurance/SSC and other related exams.
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NATIONAL NEWS
Kerala becomes first state to use robotic scavengers to clean manholes
The Kerala government launched robotic scavenger, Bandicoot, to clean sewages in this temple town, becoming the first state in the country to use robotic technology to clean all its commissioned manholes.
- Water Resources Minister, Roshi Augustine, launched Bandicoot under the Guruvayur Sewerage Project in Thrissur district by the Kerala Water Authority (KWA), as part of the 100-day action plan of the state government.
- The robotic Tron Unit, which is the major component of Bandicoot, enters the manhole and removes sewage using robotic hands, similar to a man’s limbs, the release, adding that the machine has waterproof, HD vision cameras and sensors that can detect harmful gases inside the manholes.
INTERNATIONAL NEWS
In a first, Indian submarine INS Sindhukesari docks in Indonesia amid South China Sea conflict
An Indian submarine has, for the first time ever, docked in Indonesia, which is among the countries locked in a maritime dispute with China in the contentious South China Sea, as part of the continuing overall diplomatic-military outreach to Asean countries.
- The 3,000-tonne diesel-electric submarine, INS Sindhukesari, reached Jakarta for the ‘maiden operational turnaround’ after transiting through the Sunda Strait.
- Indian warships often visit Indonesia and other Asean countries. This first long-range deployment of a submarine underlines the operational capability and reach of the country’s underwater combat arm as well.
Bangladesh govt signs agreement with ISA to increase use of solar energy in country
The government of Bangladesh signed an agreement with the International Solar Alliance (ISA) to increase the use of solar energy in the country.
- The agreement was signed between the ISA Director General Ajay Mathur and the Bangladesh Power Division Secretary Md. Habibur Rahman. The agreement is to be implemented by December 2026.
- the government has set up a target of generating 40 percent of its total energy through renewable sources by 2041. He said Bangladesh aims to produce 4000 MW of solar power by the end of 2030 for which various projects have been taken up.
7-year-old Bhutanese crown prince becomes country’s first digital citizen
Bhutan has taken a step towards modernising its digital infrastructure. The Himalayan kingdom has just found its first-ever digital citizen. The Bhutan National Digital Identity (NDI) mobile wallet, Royal Highness The Gyalsey (Prince) Jigme Namgyel Wangchuck has become the first digital citizen of Bhutan.
- The system in question uses cutting-edge technology to provide citizens with safe and verifiable credentials that can prove their identity.
- Under Bhutan’s flagship programme ‘Digital Drukul,’ an optical fibre backbone has been provided at the village level across all 20 districts of the country. As the country continues to expand its digital capabilities, this latest development marks a major milestone in Bhutan’s journey towards a digital future.
BANKING & FINANCE
India 7th biggest nation ready to adopt crypto in 2023, US second
According to HedgewithCrypto research, Australia is the biggest country when it comes to the adoption of cryptocurrency in 2023 with a score of 7.37 out of 10. The sale of cryptocurrency and other digital assets is legal and regulated in Australia. India emerged as 7th biggest nation ready to adopt crypto in 2023.
- Following this, USA ranks as the second biggest country in crypto adoption with a score of 7.07 out of 10. Currently, there 33,630 crypto ATMs throughout the country.
- Ranking wise, Brazil comes third with a score of 6.81/10 and has seen a huge increase in average monthly searches for crypto of 355%. A new bill signed in December 2022 legalizes cryptocurrency throughout Brazil.
World Bank announces $2.5 billion in additional Ukraine aid on war anniversary
The World Bank announced $2.5 billion in additional grant financing from the U.S. Agency for International Development (USAID) to support Ukraine’s budget and maintain essential services.
- The latest financing under the World Bank’s Public Expenditures for Administrative Capacity Endurance in Ukraine (PEACE) project lifts the total to $20.6 billion and will support salaries in core government functions and sectors such as healthcare and education while allowing Kyiv to pay pensions and support internally displaced people.
BUSINESS & ECONOMY
Infosys collaborates with Microsoft to accelerate industry adoption of cloud
Infosys announced that it will expand its collaboration with Microsoft, to help accelerate enterprise cloud transformation journeys worldwide.
- The extended strategic collaboration between Infosys and Microsoft is aimed at benefiting enterprises by bringing them the best of Infosys Cobalt cloud offerings and Microsoft’s cloud computing technologies, led by Azure, across the business value chain.
AWARDS
SS Rajamouli’s ‘RRR’ wins four trophies at HCA Film Awards
Filmmaker SS Rajamouli’s Telugu blockbuster “RRR” has lifted five trophies at the 2023 HCA Film Awards, including best international film and best action film.
- At the award ceremony, organised by the Hollywood Critics Association (HCA) and held at Beverly Wilshire in Los Angeles, the film also took home the award for best stunts, while its Oscar-nominated track “Naatu Naatu” won the best original song trophy.
- The movie has so far won a Golden Globe for best original song for “Naatu Naatu” as well as two Critics Choice Awards — best foreign language film and best song for “Naatu Naatu”
JSW Group chairman Sajjan Jindal bags ‘Entrepreneur of the Year 2022’ title
Sajjan Jindal, the chairman and managing director of JSW Group, was on February 23 awarded as the EY Entrepreneur of the Year (EOY) 2022.
- The seven-member jury led by former ICICI Bank chairman K V Kamath selected Jindal as the EOY 2022 winner for his “exceptional entrepreneurial journey in scaling the global conglomerate with presence in steel, cement, infrastructure, energy, and paints to revenues of US$22 billion, globally employing over 40,000 people.
- Jindal has created a track record of executing large capital-intensive, technically complex, and state-of-the-art steel manufacturing facilities on principles of cost efficiency and operational excellence.
ENVIRONMENT
Indian Council of Agricultural Research develops wheat variety to beat the heat
Indian Council of Agricultural Research (ICAR) has developed a new wheat variety which can overcome the challenges arising out due to changes in weather patterns and rising heat levels.
- This new wheat variety called HD-3385 is amenable to early sowing, escaping the impact of heat spikes and can be harvested before March end.
- ICAR Principal Scientist Rajbir Yadav explained the merits of this new variety and how the farmers can get good production by sowing this wheat variety.
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