Daily Current Affairs Update – 23 January, 2017

Hello and welcome to exampundit. Here are the Important Current Affairs Update of  20th, 21st and 22nd January, 2017. These are important for the upcoming IDBI PGDBF and Other exams.

Daily Current Affairs at a Glance – 23 January, 2017

  1. On Monday, Vodafone India
    signed an MoU (memorandum of
    understanding) with the Mamta Banerjee-led West
    Bengal government to invest Rs 3,000 crore for capacity augmentation

    and new business initiatives over the next three years.
  2. Utkarsh Micro
    Finance
    and Suryoday Microfinance have commenced banking journey Monday, making it
    double bonanza for the country’s unbanked population.
  3. Reserve Bank of India’s (RBI) new deputy
    governor Viral Acharya took charge
    on
    Monday for a three-year term, in charge of monetary policy department.
  4. Vishal Kaul,
    a PepsiCo veteran, was on 23 January 2017 appointed
    as the Chief Operating Officer (COO) of the ride-hailing service Ola Cabs
    .
  5. The Delhi
    International Airport Limited (DIAL)
    on
    22 January 2017 announced that it won
    the prestigious Golden Peacock Award for Corporate Social Responsibility
    in
    the aviation transport sector for the year 2016.
  6. Former Miss
    Universe Sushmita Sen
    will be on
    the judges panel of the upcoming 65th edition of Miss Universe pageant. The
    news was announced in the third week of January 2017.
  7. Saina Nehwal on 22 January 2017 won the 2017 Malaysia Masters
    Grand Prix Gold Women’s Singles title.

Financial and Banking
News:
Vodafone India to invest Rs 3000 crore in
West Bengal, signs MoU with Mamata Banerjee

  • On Monday,
    Vodafone India signed an MoU (memorandum of understanding) with the Mamta
    Banerjee-led West Bengal government to invest Rs 3,000 crore for capacity
    augmentation and new business initiatives over the next three years.
  • The MoU signed on
    the sidelines of Bengal Global Business Summit 2017, also aims at strengthening
    Vodafone’s leadership position in the state by offering customers a SuperNet
    experience through enhanced network, Vodafone said in a statement.
  • At the moment,
    Vodafone serves more than 2 crore customers in Kolkata & West Bengal
    circles.

Two small finance banks begin journey,
bringing 19 lakh in banking fold

  • Utkarsh Micro
    Finance and Suryoday Microfinance have commenced banking journey Monday, making
    it double bonanza for the country’s unbanked population.
  • Both have
    offered higher deposit rates to their customers than the rates offered by
    universal banks such as State Bank of India and ICICI Bank.
  • The access to
    public deposits would reduce their costs of fund as they would not have to rely
    on banks for funds for lending.
  • Utkarsh is
    predominatly present in the northern states like Uttarakhand and Uttar Pradesh
    while Suryoday operates mostly in Maharashtra.
  • Utkarsh has 12
    lakh borrower-customers while Suryoday has 6.4 lakh and all of them will start
    getting banking services from Monday.
  • Before this,
    Capital Small Finance Bank and Equitas Small Finance Bank have begun journey
    while Reserve Bank of India has offered primary licenses to 10 financial
    services companies including eight micro lenders. Many of these lenders such as
    Ujjivan Financial Services and ESAF Microfinance.

Appointments – India and
World:
Viral Acharya takes charge as RBI deputy
governor

  • Reserve Bank of
    India’s (RBI) new deputy governor Viral Acharya took charge on Monday for a
    three-year term, in charge of monetary policy department.
  • Consequently,
    the central bank reallocated portfolios of other deputy governors, taking away
    some departments from all three deputy governors. The monetary policy
    department, economic policy and research departments were earlier with R
    Gandhi, whose term comes to an end this month.
  • Viral Acharya
    will be handling eight departments. Apart from the monetary policy and economic
    research departments, he would be in charge of corporate strategy and budget
    department, department of corporate services, department of statistics &
    information management, financial markets operations department, financial
    markets regulation department and international department.
  • A search
    committee has been appointed to appoint a deputy governor. Traditionally, the
    position is open for internal candidates. Gandhi is eligible for a
    re-appointment, but for another year as a deputy governor can be appointed up
    to the age of 62.

Vishal Kaul appointed as Chief Operating
Officer of Ola Cabs

  • Vishal Kaul, a
    PepsiCo veteran, was on 23 January 2017 appointed as the Chief Operating
    Officer (COO) of the ride-hailing service Ola Cabs.
  • Kaul will head
    Ola’s operations, strengthen Ola’s market leadership and will work to expand
    its reach across the country and widen the base of Ola’s customers and
    driver-partner fraternity.
  • Moreover, the
    company also elevated current COO Pranay Jivrajika as the Founding Partner. An
    alumnus of Indian Institute of Technology (IIT), Bombay, Jivrajika had earlier
    served as Associate Vice-President and Vice-President of Ola Operations before
    taking over as COO in February 2015.

Awards & Honors:
Delhi airport wins Corporate Social
Responsibility award in aviation sector
  • The Delhi
    International Airport Limited (DIAL) on 22 January 2017 announced that it won
    the prestigious Golden Peacock Award for Corporate Social Responsibility in the
    aviation transport sector for the year 2016.
  • The award was
    presented on 20 January 2017 at a ceremony during the 11th International
    Conference on Corporate Social Responsibility.
  • More than 325
    responses were received for the annual awards in 2017. Out of them, 191
    applications were shortlisted. They were then subjected to a three-tier
    assessment process for final selection.
  • Earlier in
    January 2017, DIAL also won the 6th EPC World Awards for its contribution in
    the infrastructure and construction sector.

Sushmita Sen to judge the 65th Miss
Universe pageant

  • Former Miss
    Universe Sushmita Sen will be on the judges panel of the upcoming 65th edition
    of Miss Universe pageant. The news was announced in the third week of January
    2017.
  • The contest
    will take place on 30 January 2017 in Philippines.
  • Roshmitha
    Harimurthy will represent India at the 65th Miss Universe pageant.
  • Born on 19
    November 1975, Sushmita Sen is the first Indian to win the Miss Universe crown.
    She had won the pageant of 1994 held in Manila, Philippines.

Sports News:
Saina Nehwal wins 2017 Malaysia Masters
Grand Prix Gold
  • Saina Nehwal on
    22 January 2017 won the 2017 Malaysia Masters Grand Prix Gold Women’s Singles
    title.
  • Nehwal defeated
    Thailand’s Pornpawee Chochuwong by a score of 22-20, 22-20 in a 46-minute
    clash.
  • It was Nehwal’s
    23rd title overall and the first after 2016 Australian Open.
  • On the other
    hand, Men’s Singles title was won by Hong Kong’s Ng Ka Long. Berry Angriawan
    and Hardianto clinched the 2017 Malaysia Masters Grand Prix Gold Men’s Doubles,
    while Jongkolphan Kititharakul and Rawinda Prajongjai lifted the Women’s
    Doubles title. Mixed Doubles title was grabbed by Tan Kian Meng and Lai Pei
    Jing.

Obituaries:
Urdu poet and lyricist Naqsh Lyallpuri
passes away
  • Renowned Urdu
    poet Jaswant Rai Sharma, known to the world by his pen name Naqsh Lyallpuri,
    passed away on 22 January 2017 following a prolonged illness. He was 89.
  • He got his
    first break in 1952 in the film Jaggu with the song Agar Teri Aakhon Se Aakhein
    Mila Doon, while he got the real success in the 1970s.
  • Over the years,
    he collaborated with some top film directors, music directors and singers and
    penned various soft melodies, romantic numbers and emotional songs.
  • He wrote the
    lyrics in films like Chetna, Aahista Aahista, Tumhare Liye and Gharonda among
    others.
  • However, he
    made a brief comeback in 2005-06 penning songs for the films Taj Mahal with
    Naushad and Yatra with Khayyam.

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