• As per the Forbes' Real-Time Billionaires List, Chief of Adani Group, Gautam Adani has become the world’s 4th richest person (net worth: $115.5 billion).
• Adani's wealth has been surged by $2.9 billion due to sharp run-up in Adani Group stocks.
• He has surpassed Microsoft cofounder, Bill Gates, who has announced to donate $20 billion of his wealth to the Bill & Melinda Gates Foundation.
• Mukesh Ambani was placed at 10th on the Forbes list (net worth: $87.7 billion).

• Jawaharlal Nehru Port has become first 100% Landlord Major Port of India, all berths is being operated on public-private partnership (PPP) model.
• Aim: Improve the utilization in crane and berth productivity of the terminal and reduce transit time, and logistics cost.
• With this the total handling of JNPT has increased to 1.8 million Twenty-foot Equivalent Units (TEUs) from the present capacity of 1.5 million TEUs.
• Minister of Ports and  Shipping: Sarbananda Sonowal

• Morgan Stanley has reduced its FY23 real GDP expansion estimate for India by 0.40% to 7.2% on slower global growth.
• It has also estimated that the GDP growth for the FY24 will slow down to 6.4%, this is lower by 0.30% as compared to the earlier estimate.
• The RBI has estimated that the GDP of India will stand at 7.2% for FY 23.
• The World Bank has also suggested that the GDP growth forecast for India to 7.5% in FY23.

• Indian Grandmaster Aravindh Chithambaram has won the 41st Villa De Benasque International Chess Open title, after defeating Robert Hovhannisyan (Armenia) and Raunak Sadhwani on the basis of tie-break score.
• Chithambaram, Hovhannisyan and Sadhwani finished on eight points from 10 rounds along with seven others.
• Raunak Sadhwani has finished in third place behind the Armenian.
• Chithambaram is also a former national champion.
• Chithambaram coach: R B Ramesh

• The Centre has set up a Committee on Minimum Support Price under the chairmanship of Former Agriculture Secretary, Sanjay Agrawal.
• Aim: The minimum support price (MSP) more effective and transparent.
• The committee will also suggest measures to promote zero-budget natural farming and crop diversification to fulfil the changing needs of the nation.
• Minister of Agriculture & Farmers' Welfare: Narendra Singh Tomar

• Former world number one, Lleyton Hewitt was inducted into the International Tennis Hall of Fame, as part of the 2021 class.
• He is the 34th player from Australia to be inducted.
• He has won the 2001 US Open and 2002 Wimbledon titles among 30 career ATP triumphs and was a part of two Davis Cup championship teams in 1999 and 2003.
• Hewitt won his last ATP title at Newport in 2014.
• He remained the No 1 player in the world and spent 80 weeks top-ranked.

• England all-rounder, Ben Stokes has announced his retirement from ODI cricket and played his last ODI against South Africa in Durham.
• His ODI debut was against Ireland in 2011, he has scored 2919 runs, including three centuries, and taken 74 wickets in this format.
• Stokes has been recently appointed as the captain of the England Men's Test after Joe Root has stepped down.
• He won ICC’s Player of the Year in 2019, Wisden’s leading Cricketer in the World in 2020.

• The government has declared "zero coupon zero principal instruments" as securities.
• Zero coupon zero principal instrument:  An instrument issued by a Not for Profit Organisation, will be registered with the social stock exchange segment of a recognised stock exchange.
• These will be governed by rules made by the Securities and Exchange Board of India.
• Social Stock Exchange: To serve private and non-profit sector providers by channelling greater capital to them.

• Former Supreme Court judge, Vineet Saran has been appointed as the BCCI's ethics officer and ombudsman. He has succeeded Justice (Retd) D K Jain, whose term ended in June 2021.
• He is a former Chief Justice of Odisha High Court, and also served as a judge in Karnataka and Allahabad High Court.
• He has been graduated from Allahabad University in 1976 and practised in the Allahabad High Court from 1980 till 2002.

• Harshada Garud has clinched the gold with an aggregate of 157kg (69kg+88kg), in the women's 45kg gold at the Asian Youth and Junior Weightlifting Championship in Tashkent, Uzbekistan.
• Soumya Dalvi has bagged the bronze in the 45kg category of the youth event.
• In the men's 49 kg youth event, L Dhanush has won the bronze with an 85 kg effort.
• Minister of Youth Affairs and Sports: Anurag Thakur
• Sports Authority of India HQ: Delhi

Download Daily GK PDF of 20 July 2022