Current Affairs

24 October to 29 October 2022

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Myanmar added to the list of high-risk countries

The Financial Action Task Force (FATF) placed Myanmar on a list of high-risk countries it called a “blacklist” with “strategic deficiencies in anti-money laundering, counter-terrorist financing and proliferation financing regimes”. The city was added to FATF’s list of high-risk countries for failing to flag strategic deficiencies as committed in February 2020.

Rishi Sunak became the first British Prime Minister of Indian origin

Rishi Sunak became the first Indian-origin Prime Minister of the United Kingdom from the British Conservative Party. Sunak took the throne after Liz Truss resigned within 45 days of her appointment, becoming the shortest-serving prime minister.

ISRO launches LVM3 M2

The Indian Space Research Organization has launched its first commercial mission of the Launch Vehicle Mark 3 (LVM3) M2 satellite. ISRO’s launch of LVM3 will boost international confidence in tracking commercial satellite launches. All 36 One Web satellites were launched into orbit in batches of four.

BCCI announces equal pay for Indian men and women cricketers

In a first step to combat discrimination, the Board of Control for Cricket in India has announced that it will pay equal match fees for both men and women in India. According to BCCI Secretary Jay Shah, in a series of tweets, the Indian Cricket Board was implementing a fair remuneration policy for its contracted women players.

Two Indian beaches enter the coveted Blue Beaches list

Two more Indian beaches, Minicoy Thundi and Kadmat, have entered the coveted list of blue beaches by the Ministry of Environment, Forests and Climate Change. The country now has 12 Blue Flag beaches, an eco-label awarded as the cleanest beaches in the world.

Sakharov Prize for Freedom 2022

The European Parliament awarded the annual Sakharov Prize for freedom of thought to the people of Ukraine. The award is given in honor of their fight against the Russian invasion. “European Parliament President Roberta Metsola said that they stand by their convictions and fight for their values. It protects its democracy, freedom and the rule of law.

Gujarat to get project with TATA and Airbus

Tata and Airbus will soon manufacture military aircraft in Gujarat. The state has closed a massive deal and the cost of the project is 22,000 crore rupees or 2.66 billion dollars. The total cost of the project is Rs 21,935 crore. Aircraft can also be used for civilian purposes.

Elon Musk is taking over Twitter

Tesla CEO Elon Musk has become the new head of Twitter after completing a $44 billion deal. The decision came after growing doubts about his intention to complete the said acquisition deal. Earlier in April 2021, Twitter accepted Elon Musk’s proposal to buy the social media service privately.

Orbital Rail Corridor Project

Union Home Minister Amit Shah laid the foundation stone of Orbital Rail Corridor Project in Faridabad, Haryana. The Haryana Orbital Rail Corridor (HORC) project is part of the Haryana Transport Infrastructure Corridor in the approved master plan for the National Capital Region.

Approval for genetically modified mustard

The Government of India has granted organic clearance for domestic genetically modified (GM) mustard seeds. The latest decision cleared the way for the commercial use of its first genetically modified food crop.

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