Current Affairs - Awards and Honours

Bhubaneswar received the prestigious 'City with the Best Public Transport System' award at the 17th Urban Mobility India (UMI) Conference 2024, recognizing its efforts to improve public transportation infrastructure. Additionally, Srinagar was awarded for its non-motorized transport system, while Jammu was acknowledged for having the 'Most Innovative Financing Mechanism.' The conference, which highlights advancements in urban mobility across Indian cities, also announced Gurugram as the host city for the 18th UMI Conference in 2025, reflecting the national focus on sustainable and efficient transportation solutions.

Rushan Abbas was elected as the new Chairperson of the World Uyghur Congress, a global organization advocating for the rights and freedoms of Uyghurs facing oppression in China. Abbas's election comes amid significant challenges, as she committed to taking strong actions to amplify the voices of Uyghurs and to advocate for their freedom, dignity, and peace. Despite ongoing threats, the Uyghur community held these elections as a testament to their resilience and determination for justice.

The Appointments Committee of the Cabinet (ACC) has appointed Deepak Agarwal, a 2000-batch Indian Administrative Service (IAS) officer from the Uttar Pradesh cadre, as the Managing Director of NAFED for a term of five years. This decision brings stability to NAFED's leadership, which temporarily had Pankaj Kumar Bansal from the Ministry of Cooperation in the role. Agarwal's extensive experience in public administration, particularly in the agricultural and cooperative sectors, positions him to lead NAFED in strengthening agricultural marketing and supporting India's agricultural sector.

Amitabh Chaudhry has been re-appointed as the Managing Director and Chief Executive Officer of Axis Bank for a new term effective from January 1, 2025, to December 31, 2027. His re-appointment was approved by shareholders at the bank’s 30th Annual General Meeting in July, with final approval granted by the Reserve Bank of India on October 24, 2024. Chaudhry has been at the helm since 2019 and has significantly contributed to expanding the bank’s retail services and enhancing its digital capabilities, thereby strengthening its competitive position in the market.

Pranav Chawda, a seasoned banking professional with over 20 years of experience, has taken the reins as CEO of JP Morgan Chase India. His appointment, approved by the Reserve Bank of India, marks a significant leadership transition for the American multinational finance company in India. As the current head of commercial banking at JP Morgan, Chawda brings invaluable expertise to his new role. He succeeds Prabhdev Singh, paving the way for strategic growth and expansion of JP Morgan Chase's operations in India under his guidance. Chawda's chartered accountant background and extensive industry knowledge will likely shape the company's future direction.