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Monthly Archives: January 2022

January, 2022 - - Part 12_3.1

Oxford University Press declares ‘Anxiety’ as Children’s Word of the Year 2021

The Oxford University Press (OUP) has picked up ‘Anxiety’ as the Children’s Word of the Year 2021, based on their recent research. Apart from “anxiety” (21%), “Challenging” (19%), “isolate” (14%), “Wellbeing” (13%) and “resilience” (12%) were the children’s top five words. In 2020, Coronavirus was the Children’s Word of the Year by OUP. Buy Prime …

January, 2022 - - Part 12_4.1

Pfizer CEO Albert Bourla wins $1 million Genesis Prize for COVID-19 vaccine

The global pharmaceutical giant Pfizer Inc.’s Chairman and Chief Executive, Albert Bourla, has been awarded with the prestigious Genesis Prize 2022 on January 19, 2022. He has been awarded for his efforts in leading the development of a COVID-19 vaccine (Pfizer–BioNTech COVID-19 vaccine). The award comes with a cash prize of $1 million. Buy Prime …

January, 2022 - - Part 12_6.1

IIMK LIVE and Indian Bank ink MoU to disburse loans upto Rs 50 Crore for Startups

Indian Institute of Management Kozhikode’s (IIMK) Business incubator Laboratory for Innovation Venturing and Entrepreneurship (LIVE) has signed a Memorandum of Understanding (MoU) with the Indian Bank to financially support early-stage startups. Under the MoU, a startup funding scheme, ‘IndSpring Board’ has been launched. Under this scheme loans up to Rs, 50 Crore will be disbursed …

January, 2022 - - Part 12_7.1

RBI announces Digital Payments Index for September 2021

The RBI’s Digital Payment Index, which shows the deepening of payments through digital modes in India, rose by 39.64 per cent to 304.06 in September 2021 against 217.74 in the year-ago month. The RBI-DPI Index continues to demonstrate significant growth in adoption and deepening of digital payments across the country. RBI has introduced Digital Payments Index …

January, 2022 - - Part 12_8.1

ILO Report: Global unemployment level in 2022 projected at 207 million

The International Labour Organisation (ILO) has released its World Employment and Social Outlook – Trends 2022 (WESO Trends) report. The report analyses comprehensive labour market projections for 2022 and 2023 and assesses how labour market recovery has unfolded worldwide. In the WESO 2022, ILO has downgraded its forecast for labour market recovery in 2022. Buy …

January, 2022 - - Part 12_9.1

Microsoft to acquire video gaming company Activision Blizzard

Microsoft Corp. is set to acquire game making company, Activision Blizzard Inc., in an all-cash transaction for $68.7 billion. ($95.00 per share). This acquisition will boost the competitiveness of Microsoft in the mobile gaming business and virtual-reality technology, across mobile, PC, console and cloud and will provide building blocks for the metaverse. Buy Prime Test …

Odisha and the United Nations World Food Programme to bolster food security of small farmers

In a participatory pilot initiative, climate advisories will be tailored to enable smallholder farmers to adapt to the impact of climate change. Smallholder farmers, who constitute 90 percent of farming communities in Odisha, will be able to select the right farming and livelihood options to improve their food security and incomes. Important takeaways for all …

India successfully test fires BrahMos supersonic cruise missile

The launch was conducted by Brahmos Aerospace in close coordination with Defence Research and Development Organisation. This flight test was monitored by all the sensors of the range instrumentation including telemetry, radar and electro-optical tracking systems deployed across the eastern coast and the down range ships. Brahmos was successfully test-fired from Integrated Test Range, Chandipur …