Latest Current Affairs (18 February 2022) : Today’s Headlines
18 February Current Affairs 2022
In this article, we will discuss all the 18 Feb Current Affairs about national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 16th Feb current affairs then read this article till the end.
Current Affairs 18 February – National
1. In West Bengal, SIDBI established the ‘Waste to Wealth Creation programme.
- SIDBI, India’s Small Industries Development Bank, has started a ‘Waste to Wealth Creation’ programme for women in West Bengal’s Sundarbans.
- The women will use the fish scales to construct decorations and showpieces. SIDBI will provide benefits to 50 women while also earning revenue through alternative sources of income.
2. SIDBI has worked with the Bihar government to encourage MSME development. SIDBI has teamed with the Bihar government to develop the state’s MSME ecosystem. It signed two Memorandums of Understanding with the Bihar Industries Department and the Bihar Industrial Area Development Authority (BIADA).
- It will use Project Management Units (PMU) to make essential interventions to help the MSME ecosystem develop under the terms of the MoU. SIDBI is the country’s primary financial institution for MSME growth.
3. Gujarat has issued a new Biotechnology Policy for the years 2022-2027.
- Gujarat Chief Minister Bhupendra Patel has unveiled a new biotechnology policy for the years 2022-2027, with the goal of achieving Aatmanirbhar Bharat.
- Strategic, mega, and huge projects are eligible for special packages under this strategy. This will attract new investment and create new job opportunities in the state through anchor units and current industries.
4. SEED Scheme was launched by the Ministry of Social Justice to help DNTs, NTs, and SNTs.
- Dr Virendra Kumar, Union Minister for Social Justice and Empowerment, has launched the Scheme for Economic Empowerment for DNTs (SEED) at the Dr Ambedkar International Centre in New Delhi.
- The overall financial outlay for the SEED Scheme is estimated to be around Rs 200 crores, which will be spent over a five-year period beginning in the Financial Year 2021-22 and ending in the Financial Year 2025-26.
5. Foodgrain production is expected to reach a new high of around 316.06 MT in 2021-22, according to the government.
- According to the Ministry of Agriculture and Farmers Welfare’s (MoAF&W) Second Advance Estimates of Major Crop Output for the Year 2021-22, India’s foodgrains production is predicted to be 316.06 million tonnes.
- It is 5.32 million tonnes greater than the foodgrain production in 2020-21.
Latest 17th Feb MCQ Current Affairs (Quiz)
International News
6. Nepal will be the first country to use India’s Unified Payments Interface (UPI).
- Nepal will be the first country to embrace India’s UPI system, according to the NPCI. This will be critical in altering the neighbouring country’s digital economy.
- The international subsidiary of NPCI, NPCI International Payments Ltd, has partnered with Gateway Payments Service (GPS) and Manam Infotech to deliver services in India.
7. JPMorgan became the first bank in the world to open a branch in the metaverse.
- JPMorgan Chase, the largest bank in the United States, has become the world’s first bank to open a branch in the metaverse. In the blockchain-based universe, JPMorgan has built a lounge.
- Users can create virtual avatars, construct virtual rooms, and travel in the ‘Onyx Lounge,’ which is named after the suite of Ethereum-based services it offers. A digitised image of the bank’s CEO, Jamie Dimon, is also displayed in the lounge.
Latest Current Affairs – Banking & Finance News
8. The separation of the responsibilities of chairperson and MD and CEO was made voluntary by SEBI.
- The board of the Securities and Exchange Board of India (SEBI) has agreed to make the separation of the roles of chairperson and MD, CEO “optional” rather than “required.”
- In June 2017, the market regulator established a corporate governance committee chaired by Uday Kotak with the goal of obtaining recommendations on how to improve corporate governance standards for publicly traded firms.
9. Jio Platforms paid $15 million for a 25% interest in TWO Platforms, a deep-tech business based in the United States.
- Jio Platforms has paid $15 million for a 25% interest in TWO Platforms, a deep-tech startup based in the United States. Two Platforms is a virtual reality business that specialises in creating interactive and immersive artificial intelligence experiences.
- The two businesses have teamed up to accelerate the adoption of new technologies and develop disruptive technologies such as artificial intelligence, metaverses, and mixed realities.
10. Twitter and Paytm have teamed up to promote the ‘Tips’ function in India.
- Twitter Inc. has partnered with Paytm’s payment gateway to strengthen its ‘Tips’ feature’s support in India.
- Twitter users will be able to utilise Paytm’s payment services, including its Paytm digital wallet, Paytm Postpaid (buy-now-pay-later service), debit and credit cards, and net banking, as a result of this relationship.
11. SFAC has appointed IndusInd Bank to handle digital transactions on the e-NAM site.
- The Small Farmers Agri-Business Consortium (SFAC) has appointed IndusInd Bank to handle digital collection and settlement services on the National Agriculture Market (e-NAM) platform.
- The bank will provide the buyer and seller with a variety of transaction services via digital channels, including multi-net banking, debit card, NEFT, RTGS, IMPS, and UPI.
12. Fisdom and the Bank of Maharashtra have teamed up to provide wealth management services.
- Fisdom, a wealth-tech firm, has teamed up with the Bank of Maharashtra to provide wealth management products and services to the bank’s approximately 29 million customers.
- The bank’s network of more than 2,000 branches and digital platforms, including the mobile banking app and internet banking, will be used to spread wealth products and services through this relationship.
18th Feb Current Affairs – Appointments News
13. Manoj Tiwari has been named as the Brand Ambassador for Bihar’s Khadi and Handicrafts.
- Manoj Tiwari, a member of the Lok Sabha and a Bhojpuri singer, has been named the brand ambassador for Bihar’s Khadi and other handicrafts.
- Syed Shahnawaz Hussain, Bihar’s Minister of Industries, made the announcement.
Latest 17 February Current Affairs
Defence
14. ‘Cope South 22’ will be a joint air exercise between the United States and Bangladesh.
- Between February 20 and 25, the Bangladeshi and US air forces will undertake a joint air exercise.
- The ‘Cope South 22’ bilateral tactical airlift exercise will take place at BAF Kurmitola Cantonment in Dhaka and Operating Location-Alpha in Sylhet, Bangladesh.
Obituary News
15. Surajit Sengupta, a former Indian footballer, has died.
- Surajit Sengupta, a former Indian footballer, died in Kolkata as a result of COVID-19 problems.
- Sengupta has previously played for Mohun Bagan (1972-1973, 1981-1983), East Bengal (1974-1979), and Mohammedan Sporting in Kolkata (1980).
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