Daily current affairs 10th January

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Sidimania

Date

January 10, 2022

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# Covid-19

  • The number of covid-19 cases continued to rise on Sunday, with 1.79 lakh cases registered in last 24 hours.
  • The steep rise in past week was primarily due to the case surge in urban centres such as Mumbai, Delhi, Chennai and Kolkata.
  • Between January 4 and 8, mumbai recorded more than 86,000 cases, a 150℅ increase in infections from last week.
  • Notably, the test positivity rate crossed the 10℅ mark in the country.

# Devas-Antrix case

  • In partial relief for India, a court in Canada has said that investors of Devas multimedia can seize only 50℅ of air India’s assets held by the International Air transport Association (IATA).
  • It also quashed the order permitting seizure of funds belonging to the Airport authority of India.
  • Earlier, Devas shareholders had received permission from the Quebec superior Court to seize assets of the Air India and Airport authority of India held by the IATA in connection with the two arbitration awards.
  • Arbitration was awarded for wrongful cancellation of its deal with ISRO’s arm Antrix in 2011.

# Citizenship amendment act

  • The ministry of Home affairs did not notify the Citizenship amendment Act, 2019 rules till Sunday.
  • The deadline to notify the rules has already been extended three times.
  • Until, the rules for CAA are notified, the cannot be implemented practically.

# Asian infrastructure investment bank

  • Former Reserve Bank of India governor Urjit patel has been appointed vice president of the Beijing based Asian Infrastructure investment bank.
  • Urjit patel will serve a three year term as one of the multilateral bank’s five vice presidents.
  • China is the biggest shareholder and India is the second largest shareholder in the bank.

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