Current affairs 22 June 2023

Reliance emerges as Most Valuable Private Company in India.

• As per Hurun India's 2022 Burgundy Private Hurun India 500 list, Mukesh Ambani's Reliance Industries Ltd is the most valuable private company in India, with a whopping value of Rs 16.4 lakh crore.
• TCS with Rs 11.8 lakh crore ranked second in India, followed by HDFC Bank with Rs 9.4 lakh crore.
• The value of Reliance decreased by 5.1% in the last six months, while the total value of TCS increased marginally by 0.7% and HDFC Bank increased by 12.9%.

Infosys co-founder Nandan Nilekani donates ₹315 crores to IIT Bombay.

• Infosys co-founder Nandan Nilekani has donated ₹315 crores to IIT Bombay.
• Reason: Fostering world-class infrastructure, stimulating research in emerging areas of engineering and technology, and nurturing a deep tech startup ecosystem at IIT Bombay.
• An MoU was signed between Nandan Nilekani and Prof. Subhasis Chaudhuri, Director, IIT Bombay.
• His contribution will catalyze philanthropic contributions towards advancing research and development at universities in India.

The number of refugees globally stood at 35.3 million by the end of 2022.

• According to the United Nations High Commissioner for Refugees (UNHCR) report, the number of refugees globally stood at 35.3 million by the end of 2022.
• It also shows an increase in the number of more than 8 million from the year before.
• Around 52% of all refugees came from Syria, Ukraine, and Afghanistan.
• According to international law, refugees are people who are forced to flee their home countries to escape persecution or a serious threat to their life or freedom.

India’s first mRNA-based Omicron-specific booster vaccine approved.

• Gennova Biopharmaceuticals Ltd informed that its mRNA COVID-19 booster vaccine has received Emergency Use Authorization from the Drugs Controller General of India.
• The vaccine, GEMCOVAC-OM is approved against the Omicron variant of SARS-CoV-2.
• GEMCOVAC-OM has demonstrated robust immune responses in phase 3 clinical trials conducted at 20 centers across 13 cities in India.
• Presently approved vaccines used as precautionary/ booster doses.

Government appoints Swaminathan Janakiraman as RBI Deputy Governor.

• The government has appointed Swaminathan Janakiraman as a deputy governor of Reserve Bank India for three years.
• He would succeed Mahesh Kumar Jain, who was serving as a deputy governor since 2018, is set to retire.
• Prior to this role, he held various assignments across Corporate and International Banking, Retail and Digital Banking, Finance, and Assurance functions with SBI.
• He also served as a Nominee Director of SBI on the Boards of Yes Bank and Jio Payments Bank.