Current Affairs for BANK, IBPS Exams - 05 July 2022

::National::

Michelle Poonawalla receives the coveted Shiromani Award at the NRI World Summit 2022, United Kingdom

Michelle Poonawalla, well-known artist, businesswoman and philanthropist from the renowned Poonawalla family, received the coveted Shiromani Award from the hands of Mr. G. P. Hinduja, co-chairman of Hinduja Group at NRI World Summit 2022, the United Kingdom for her contribution to the field of Art, she was also a speaker at the prestigious House of Lords, UK. Poonawalla unveiled her artwork at JMS Foundation Charity Gala Dinner at The Dorchester in London on 23 June 2022.
The NRI Institute celebrated its 33rd anniversary with a two-day gala celebration of achievements, charity, investment opportunities, innovation, and business networking. The Poonawalla’s were represented by Yohan and Michelle Poonawalla.
Michelle Poonawalla was a keynote speaker at the House of Lords and accepted the Shiromani Award for her contribution to the field of Art. Poonawalla unveiled her artwork ‘Reserve’ at the JMS Foundation Charity Gala on 23 June. The film highlighted water scarcity as a global crisis, accentuated pollution, and contamination of water reserves.
Poonawalla’s artwork often explores universal themes that resonate with audiences all over the world - be it India or the UK. In the recently concluded gala, Poonawalla unveiled her short film ‘Reserve’, which highlighted water scarcity as an impending global crisis.
Listed by the World Page 1 of 3 Economics Forum as one of the largest global risks to date, water scarcity has the potential to have catastrophic impacts on everyone. The film highlighted these issues layering haunting images of dripping taps and leaking pipes. It is poetic and harrowing seeing images of acrylic paints dissolved in water, a poetic reference to the pollution and contamination that affects so much of our water reserves.

Printed Study Materials for IBPS, SBI Bank Exam

::International::

UK Parliament honours AIIA Director Tanuja Nesari with Ayurveda Ratna award

Tanuja Nesari, Director of All India Institute of Ayurveda (AIIA) was awarded with the Ayurveda Ratna Award by the UK Parliament, recognising her contribution to furthering the growth of Ayurveda in India and abroad.
The UK’s All-Party Parliamentary Group on Indian Traditional Sciences (ITSappg) conferred the Ayurveda Ratna award on Dr Nesari for her exceptional service of the highest order for the promotion of Ayurveda by an ITSappg committee represented by dignitaries including Amarjeet S Bhamra, Ambassador for Ayurveda and Yoga in Great Britain, Virendra Sharma, MP, UK Parliament and Chair, ITSappg and Bob Blackman, MP, UK Parliament and Chair, ITSappg.
The All-Party Parliamentary Group on Indian Traditional Sciences was formed in 2014 with an aim to spread the knowledge of Ayurveda, Yoga, Jyotish, Vastu, Unani and Sangeetam in the United Kingdom and abroad.
ITSappg is working on a book that will serve as an introductory guide to Indian Traditional Sciences for parliamentarians and would also have contribution from the Ministry of Ayush. It is dedicated to encouraging research in the UK and recently concluded a research on Ashwagandha.
“I am humbled and honoured to accept this award from the UK’s All-Party Parliamentary Group on Indian Traditional Sciences. For me, it represents not only a privilege, but a responsibility that I have been bestowed with. It reinforces my belief in Ayurveda’s ability to touch the lives of people across the world and promote holistic healing in sync with nature,” Dr Tanuja Nesari said in a statement.
“All India institute has associated with London School of Hygiene for doing a research on Ashwagandha. Today, Ayurveda as medicine is gaining momentum and I am thankful to our honourable Prime Minister, Shri Narendra Modi ji and Ministry of Ayush for giving thrust to this sector and making it global. It is a moment of pride for me and the entire Ayurveda fraternity,” she added.

::Economy::

HCL Technologies receives Microsoft Partner of the Year Awards 2022

HCL Technologies (HCL), a leading global IT company, has won 2022 the Microsoft Partner of the Year Award for Healthcare and Life Sciences (global winner) and the 2022 UK Microsoft Partner of the Year Award (country winner). HCL Technologies was also named a finalist in the 2022 Microsoft Partner of the Year Award for Internet of Things (domain finalist). The company was accorded the honors for demonstrating excellence in innovation and implementing customer solutions based on Microsoft technology.
Acknowledging the win, Kalyan Kumar, Chief Technology Officer, and Head, Ecosystems, HCL Technologies said, “We are pleased to receive this recognition. These awards are a testament to the commitment to our CloudSMART strategy as a key pillar of our ecosystem and partnership with Microsoft, aimed at delivering value for our clients through industry-leading innovation and transformation on the Microsoft cloud.”
The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered outstanding Microsoft-based applications, services, and devices during the past year. The awards were classified in various categories, with honorees chosen from more than 3,900 submitted nominations from more than 100 countries worldwide. HCL Technologies has been recognized for providing outstanding solutions and services in Healthcare and Life Sciences globally and in the United Kingdom.
“I am honored to announce the winners and finalists of the 2022 Microsoft Partner of the Year Awards,” said Nick Parker, Corporate Vice President, Global Partner Solutions, Microsoft. “These partners were outstanding among the exceptional pool of nominees, and I am continuously impressed by their innovative use of Microsoft Cloud technologies and the impact on their customers.”
Microsoft Partner of the Year Awards are announced annually before the company’s global partner conference, Microsoft Inspire, which will take place on July 19-20 this year.
The HCL Microsoft Ecosystem Unit enables organizations to transform into more agile and adaptive enterprises with a focus on maximizing business value from industry leading innovation and transformation on the Microsoft cloud.

Star Health and IDFC First Bank join hands to offer Bancassurance

Star Health & Allied Insurance have signed a Corporate Agency agreement with IDFC First Bank for the distribution of its health insurance solutions.
Star Health and Allied Insurance will offer its best-in-class health insurance products to the Bank's customers through IDFC FIRST Bank's cutting-edge digital platform and extensive distribution network under this strategic agreement.
"We, at Star Health, believe that health insurance is essential for every citizen," commented Anand Roy, Managing Director of Star Health and Allied Insurance Co. Ltd.
He further added, “Our strategic partnership with IDFC First Bank takes us forward to making health insurance available to all. This collaboration will allow us to reach out to IDFC First customers and help them financially protect themselves from rising healthcare costs. IDFC First Bank and Star Health Insurance are both highly innovative and customer-focused organizations. We anticipate that this collaboration will benefit both organizations."
IDFC FIRST Bank takes a digital-first approach, serving customers through its cutting-edge net banking platform and an intuitive, user-friendly award-winning mobile app, in addition to its nationwide branches, ATMs, and loan centres.
Star Health & Allied Insurance is currently trading at Rs518.90 up by Rs4.1 or 0.8% from its previous closing of Rs514.80 on the BSE. The scrip opened at Rs521 and has touched intraday high and low of Rs528.95 and Rs515.50 respectively.

::Science and tech::

GreenCo partners with IIT Hyderabad to set up a sustainable science and technology school

Renewable energy company Greenko has joined hands with IIT-Hyderabad to set up an institution where students will be educated towards sustainable goals like climate change mitigation, circular economy, energy transition among others.
The company said the Greenko School of Sustainable Science and Technology (GSSST) will open towards the end of this year and, by June 2023, will induct first batch students for MTech and PhD in sustainable science and technology, followed by BTech programme.
According to Greenko, the MoU was signed in presence of Union Minister for Education Dharmendra Pradhan. "We have to innovate and establish our own models for achieving self-sufficiency as well as for furthering global welfare. In the 21st century, technology is available to ease our job. India is going to play a leading role in the fourth industrial revolution and IIT Hyderabad will play a major role in building the brand India globally. We have to fulfil Prime Minister’s vision of an Aatmanirbhar Bharat," Mr Pradhan was quoted as saying in the company statement.
It will be the first institute in the country to focus entirely on teaching sustainable science and technology.
Union Education Minister Dharmendra Pradhan was present at the time of signing of the MoU.
Dharmendra Pradhan said that to achieve self-reliance and advance global welfare, we must innovate and build our own models.
Technology is accessible in the twenty first century to make work easier.
India will play a leading role in the Fourth Industrial Revolution, and IIT Hyderabad will have a significant impact on the internationalization of the Indian brand.
Everyone should realize the goal of an Atmanirbhar Bharat set by the Prime Minister.

::Sports::

Ellorda Cup: Boxers Alfia Pathan and Geetika won gold medals

Reigning youth world champions Alfiya Pathan and Gitika produced sensational performances to win gold medals at the inaugural edition of the Elorda Boxing Cup in Nur-Sultan, Kazakhstan, today.
Kalaivani Srinivasan and Jamuna Boro signed off with silver.
With the addition of two gold, two silver and 10 bronze, India concluded its campaign with an overall tally of 14 medals.
Alfiya did not have to break a sweat and got a unanimous 5-0 verdict over Lazzat Kungeibayeva, the 2016 world champion, in the women’s 81kg category final.