News Headline last 06 Month
  
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* International Day for Biological DiversitY - May 22
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* International Day for Women in Maritime - May 18
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* IAF chief inaugurates first-ever emergency medical response system in Bengaluru.
It has been set up in order to provide expert guidance and definitive care during medical emergencies of serving IAF personnel and families.
The system aims to provide prompt response by a team of medical and paramedical professionals to the caller experiencing an emergency anywhere across the country.
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* Global Cities Index 2024: Delhi better than Mumbai in economy, quality of life; UP's Sultanpur takes last spot on list.
Delhi was ranked 973 in the environment category, the worst among all the Indian cities except Uttar Pradesh's Sultanpur, which was ranked 989 in this same category.
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* Nippon India Mutual Fund Launches Industry-First Sonic Identity: The Sound of Freedom.
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* Ligdus Garvale a new spider speciee found in Karnataka.
It is a new species of jumping spider. It marks only the second recorded instance of the Ligdus genus in 129 years.
It was discovered under the leaf of a torch ginger plant and bears a resemblance to Pseudoscorpions.
Due to its nature as a high canopy jumper, it often goes unnoticed and constructs a double-layered web for retreat.
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* International Day to end obstetric fistula - may 23.
This year’s theme, “Breaking the Cycle: Preventing Fistula Worldwide”, underscores the urgent need to address obstetric fistula comprehensively, emphasizing equitable access to quality maternal health services, social reintegration, and sustained investment in healthcare systems.
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* World Turtle Day - May 23
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* Rationalisation of govt bodies: WCD ministry 'officially' dissolves Food and Nutrition Board.
The board had a wide network of offices, including four regional offices and as many quality control laboratories in Faridabad, Mumbai, Kolkata and Chennai.
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* Fred Roos, Oscar-Winning Producer of 'The Godfather Part II,' Dies at 89.
"There were 127 actors and actresses in Godfather Part II," Roos said onstage at the 47th Oscars, "and they all deserve to share in this honor."
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* Unclaimed deposits with banks soar to ₹42,270 crore, up 28% shows Parliament data.
The latest data unveiled in Parliament on December 19 indicates a significant surge of 28 percent in unclaimed deposits held by banks, reaching a total of ₹42,270 crore as of March 2023.
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* IRDAI introduces new corporate governance regulations for insurers.
Under these new corporate governance rules, IRDAI has prohibited conflicts of interest in key management positions
These changes are in line with similar norms issued by the Reserve Bank of India (RBI) for the banking sector.
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* SEBI Introduces New Framework For Unaffected Price Determination And Market Rumour Verification.
From June 1, 2024, Sebi mandated that the top 100 listed entities must verify market rumours when there are material changes in stock prices due to rumours. By December 1, 2024, the top 250 listed entities by market capitalisation should also follow suit.
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* Scientist Srinivas Kulkarni honoured with 2024 Shaw Prize in astronomy .
“The Shaw Prize in Astronomy is awarded to Shrinivas R Kulkarni, for his ground-breaking discoveries about millisecond pulsars, gamma-ray bursts, supernovae, and other variable or transient astronomical objects.
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* Thiruvananthapuram International Airport receives zero waste to landfill accolade.
Thiruvananthapuram International Airport Ltd (TIAL) in a release, has claimed that it was the first airport in the country to receive this 'prestigious recognition'.
The ZWL assessment confirmed that Thiruvananthapuram International Airport has successfully implemented best-in-class waste management strategies, achieving an impressive 99.50 per cent diversion of waste from landfills.
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* Delhi High Court Appoints Retired Justice Najmi Waziri As Chairperson Of Equestrian Federation Of India's Ad-Hoc Administrative Committee.
The court said that the committee shall take over charge of day-to-day administration and functioning of the EFI.
It added that the AAC will have the power to issue all appropriate directions as may be necessary for the day to day functioning of EFI under the signatures of the Chairperson.
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* BMW Group and Tata Technologies have signed an agreement to form a joint venture to set up an automotive software and IT development hub in India.
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* Ambassador Allamaye Halina Named New Chad PM: Presidency.
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* Cisco and Tata Communications partner to launch Webex Calling in India.
Cisco’s collaboration solutions, including Webex, have seen an uptick in demand since the pandemic when the need for virtual collaborations was at its peak.
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* World Schizophrenia Awareness Day 2024 - May 24.
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* Indian Commonwealth day is celebrated on 24th MAY.
Following the year of 1916, Commonwealth Day was renamed as Empire Day to commemorate the birth of Queen Victoria.
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* PLFS records Delhi's employment rate lowest, Kerala's highest in Q4 FY24.
The survey, which covered 22 states and Union territories, identified Jammu & Kashmir, Telangana, Rajasthan, and Odisha as other states with high unemployment rates in this age category.
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* MHA forms inter-ministerial panel to tackle SE Asia cybercrime threats.
The announcement comes two days after around 300 trafficked Indian youth protested against their handlers in Sihanoukville.
Only a few days before the protest, the Vizag police arrested three agents involved in luring gullible youngsters to the cyber fraud camps with the promise of providing data operator jobs in Cambodia.
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* CDS Gen Anil Chauhan attends Exercise Cyber Suraksha – 2024.
Ex Cyber Suraksha to further enhance collaboration & integration among military and national agencies.
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* Indian-Born Nikesh Arora, Second-Highest Paid CEO In The US.
Nikesh Arora studied at The Air Force School before earning an Electrical Engineering degree from the Indian Institute of Technology (BHU) Varanasi in 1989.
In 2015, Nikesh Arora was honoured with the Global Indian award at the ET Corporate Excellence Awards.
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* SEBI tweaks dynamic price bands for scrips in derivatives segment.
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* Pink E-Rickshaw Driver From UP Wins UK's Royal Award, Meets King Charles.
For the reception at Buckingham Palace, Arti arrived in a pink rickshaw, showing it as an eco-friendly way to travel and a symbol of a larger movement.
She also revealed that he paid attention to her speaking about her love for driving her e-rickshaw, which, she claimed, “does not run on polluting diesel or petrol but one that I charge at home every night.”
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* RBI approves appointment of Pradeep Kumar Sinha as Part-time Chairman of ICICI Bank.
Sinha will step into the position vacated by G. C. Chaturvedi, who is due to retire as Non-Executive Part-time Chairman on June 30, 2024, at the close of business hours.
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* Pakistan's Shahid Afridi Joins Yuvraj Singh, Chris Gayle As Tournament Ambassador For ICC Men's T20 World Cup 2024.
Brand ambassadors for ICC Men's T20 World Cup 2024: Shahid Afridi joins an elite panel of iconic T20 players, including Yuvraj Singh and Chris Gayle.
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* International Missing Children's Day is observed on 25th May.
It was started in 1998 as a joint venture of the International Centre for Missing & Exploited Children (ICMEC) and the US's National Center for Missing & Exploited Children (NCMEC).
In 2001, the tribute spread worldwide through the efforts of the International Centre for Missing & Exploited Children (ICMEC), European Commission, and Missing Children Europe.
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* The IAF landed C-130J aircraft in Eastern Sector using night vision goggles.
The Indian Air Force (IAF) has created history.
This operation is part of the IAF’s strategy to continuously improve its skills and “safeguard nation’s sovereignty by enhancing operational reach and defence preparedness,” the IAF wrote. “Har Kaam Desh Ke Naam.”
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* India successfully concludes hosting of the 46th Antarctic Treaty Consultative Meeting (ATCM-46) and the 26th Committee on Environmental Protection (CEP-26).
Dr. M. Ravichandran, Secretary, MoES and Head of the Indian delegation (host country), informed that soon India will be submitting comprehensive environmental evaluations for establishing Maitri-II.
The ATCM-46 and CEP-26 were hosted by the Ministry of Earth Sciences, Government of India, through the National Centre for Polar and Ocean Research (NCPOR), Goa, with support from the Antarctic Treaty Secretariat headquartered in Argentina.
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* Karnataka Bank has raised around Rs600 crore through qualified institutional placement by issuing shares to institutional investors.
The capital raise comprised the QIP of Rs600 crore along with the preferential issue of Rs800 crore in October 2023.
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* As many as 19 traditional products and crafts of Assam, including 'Bihu Dhol', 'Jaapi' and several items of the Bodo community, have been accorded the geographical indication (GI) tag.
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* Bajaj Auto, Tata Motors and Coal India among top five Index performers in FY24.
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* The Indian Air Force has commenced a 10-day war exercise called 'Gagan Shakti-2024' from 1st April to 10 April 2024 in Pokhran.
It was last held in 2018, during which the IAF completed over 11,000 sorties during the two-phase air manoeuvres.
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* Senior IAS Officer Ravi Kota officially took over as the new Chief Secretary of Assam.
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* The Department of Posts Bihar Circle has decided to release a special cover to commemorate 250 years of the release of the world’s first postal stamp, the ‘Copper Stamp’ which was issued from Patna (Azimabad).
The Copper Stamp was issued from Patna (Azimabad) in March 1774.
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* WHO has launched 'CoViNet', to accurate detection, monitoring and assessment of coronaviruses of public health importance.
Data generated through CoViNet's efforts will guide the work of WHO's Technical Advisory Groups on Viral Evolution (TAG-VE) and Vaccine Composition (TAG-CO-VAC) and others, ensuring global health policies and tools are based on the latest scientific information.
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* Reserve assets rose by USD 34.8 billion, net claims of NRI decreased by USD 12.2 billion: RBI
According to the data provided, reserve assets account for a substantial portion of India’s international financial assets, making up 63.9 percent of the total.
Meanwhile, the share of debt liabilities in the country’s external liabilities has remained consistent, maintaining its position at 50.4 percent.
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* The Government of India has approved a simple reversionary bonus for Postal Life Insurance (PLI) Scheme and Rural Postal Life Insurance (RPLI) Scheme for fiscal year 2024-25.
At the end of FY22, the number of policy holders under Postal Life Insurance Scheme was over 47.5 lakh and under the Rural Postal Life Insurance Rural scheme, the number of subscribers was over ₹57.81 lakh.
Postal Life Insurance (PLI), the oldest in the country, was introduced on 1st February 1884 as a welfare scheme for the benefit of postal employees and later extended to the employees of Telegraph Department in 1888.
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* AMPIN Energy Transition has secured a 25-million-euro long-term financing investment from OeEB, the Development Bank of Austria.
Currently, AMPIN Energy Transition boasts a renewable energy portfolio of three GWp spread across 21 Indian states and targets to escalate this to 10 GWp by 2030.
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* The name of L&T Finance Holdings (LTFH) has been changed to L&T Finance Ltd following approval from the Registrar of Companies (RoC).
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* Tejas Networks Ltd signed a Memorandum of Understanding with Telecom Egypt (TE), ITIDA to replicate implementing Bharatnet and NKN projects in Egypt.
Telecom Egypt is the first total telecom operator in Egypt providing all telecom services to its customers including fixed and mobile voice and data services.
The company also owns a 45% stake in Vodafone Egypt.
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* The SatCom Industry Association of India (SIA-India) and ABRASAT, the Brazilian Satellite Communications Association, have signed a MoU to propel advancements in the space sector.
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* A joint venture of state-owned RVNL and Salasar Techno Engineering has bagged a transmission project worth around Rs60 crore in central African nation Rwanda.
Rail Vikas Nigam Ltd (RVNL) holds a 51 percent stake in the joint venture, STEL owns the remaining 49 percent.
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* UNICEF India, the International Institute of Health Management Research (IIHMR) Delhi and the IIT Bombay jointly launched a 10-week Digital Health Enterprise Planning Course.
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* Anupama Upadhyaya defeats Tanya Hemanth (India) to win the women's singles title of the Orlen Polish Open 2024, held from 20th to 24 March 2024 in Wilanow Sports Centre, Warsaw, Poland.
It was Anupama's fifth international women's singles title.
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* The Ministry of New and Renewable Energy (MNRE) has re-imposed the Approved List of Models and Manufacturers (ALMM) order for solar photovoltaic (PV) modules from 1st April 2024.
In the order for FY24, projects commissioned by 31 March 2024 will be exempted from the requirement of procuring solar PV modules from ALMM.
The ALMM will not apply to projects set up under open access or as captive by private parties.
In other words, ALMM will not be applicable for people who set up their own capacity.
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* The National Highways Authority of India's "One Vehicle, One FASTag" rule came into force from 1st April 2024.
FASTag is an electronic toll collection system in India, operated by the National Highways Authority of India (NHAI).
It employs Radio Frequency Identification (RFID) technology for toll payments directly from the account linked to it.
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* National Power Training Institute (NPTI) and PTC India Ltd have signed a Memorandum of Understanding to establish a CoE for Research & Development in the Energy Domain.
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* Hindustan Aeronautics Ltd has signed a contract with Cochin Shipyard Limited for the supply of six sets of LM2500 gas turbines (GT) and GT Auxiliaries (GTAE), spares, tools for Indian Navy’s NGMV project.
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* NMDC Ltd has launched a portal 'Samman' for its former employees.
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* ISRO has unveiled a new introductory-level online training programme called ‘Space Science and Technology Awareness Training (START)’.
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* The Reserve Bank of India will establish a Digital India Trust Agency (DIGITA) to stop the mushrooming of illegal lending apps.
Besides, Google has removed over 2,200 digital lending apps (DLAs) from its app store from September 2022 to August 2023.
Google has updated its policy regarding the enforcement of loan apps on the PlayStore, and only those apps, which are published by the RBI's regulated entities (REs) or those working in partnership with REs, are allowed
This policy change by Google has happened at the request of the Reserve Bank of India (RBI) and the Department of Financial Services (DFS) under the Finance Ministry.
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* The Insurance Regulatory and Development Authority of India (IRDAI) has announced the final set of rules on surrender value from 1st April 2024.
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* Prestige Group has entered into a strategic deal worth Rs 2,001 crore with the Abu Dhabi Investment Authority (ADIA) and Kotak AIF.
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* Indian hockey players Hardik Singh and Salima Tete were named Balbir Singh Sr. Award Player of the Year for 2023 in the men's & women's categories, respectively at the Hockey India Awards 2023 in New Delhi.
Meanwhile, the Hangzhou Asian Games gold-medal-winning Indian men’s team and the bronze-medal winning Indian women’s hockey team were also felicitated.
PR Sreejesh was felicitated with the prestigious Hockey India Baljit Singh Award for Goalkeeper of the Year.
Sreejesh was presented with a trophy for earning his 300th international cap.
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* Italy’s Jannik Sinner won the men’s singles title at the Miami Open 2024 tennis tournament in Florida.
The Indo-Australian pair of Rohan Bopanna and Matthew Ebden, who won the Australian Open, took the men’s doubles crown after beating the second-seeded team of Croatia’s Ivan Dodig and American Austin Krajicek.
It was Bopanna and Ebden’s second ATP Masters title after last year’s Indian Wells.
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* Tim McGovern, a visual effects veteran who earned an Oscar for his work on 1990’s Total Recall, passed away in Washington, USA.
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* Mahindra Aerostructures has signed a multi-year contract worth around USD 100 million with Airbus Atlantic Group entity.
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* International Transgender Day of Visibility (TDOV) is annually observed on 31 March.
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* Defence exports have recorded Rs21,083 crore (approx. US$ 2.63 Billion) in the Financial Year (FY) 2023-24, a growth of 32.5% over the last fiscal when the figure was Rs15,920 crore.
Total defence exports during 2004-05 to 2013-14 were Rs4,312 crore, which has gone up to Rs88,319 crore in the period from 2014-15 to 2023-24.
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* The new scheme Electric Mobility Promotion Scheme 2024 (EMPS 2024) Implemented by the Ministry of Heavy Industries, has come into effect from 1st April 2024 after the end of the FAME scheme on 31st March 2024.
The EMPS 2024, a limited fund scheme of INR 500 crore for four months, aims to boost the adoption of electric two-wheelers and three-wheelers from 1st April to 31 July 2024.
The scheme targets supporting 3,72,215 EVs, specifically prioritizing vehicles equipped with advanced batteries for incentives.
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* The Securities and Exchange Board of India (SEBI) launched the new version of SCORES (SEBI Complaint Redress System) i.e., SCORES 2.0.
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* The Indian government has raised Rs16,500 crore in 2023/24 by selling its stakes in about 10 state-run companies.
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* Axis Capital has appointed Atul Mehra as its managing director (MD) and chief executive officer (CEO).
Axis Capital has also appointed Parag Gude as the chief operating officer (COO) of Institutional Equities and Dhaval Desai as Head – Cash Equities.
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* Indian Oil has signed a binding term sheet with Panasonic Energy Co. Ltd for manufacturing cylindrical lithium-ion cells in India.
Indian Oil is aiming to achieve its net-zero operational emissions target by 2046, aligning with the Indias goal to achieve carbon neutrality for the country by 2070.
Indian Oil Corporation is an Indian government owned oil and gas explorer and producer. As of 31 December 2023, the Government of India held 51.50% stake in the company.
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* Tata International Limited appointed Rajeev Singhal as its Managing Director (MD).
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* Democratic Republic of Congo’s President Felix Tshisekedi has appointed the country’s first-ever female prime minister, naming planning minister Judith Suminwa Tuluka.
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* Microsoft and OpenAI have unveiled plans to construct a artificial intelligence technology supercomputer named "Stargate".
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* World Autism Awareness Day is celebrated every year on 2 April.
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* International Children's Book Day (ICBD) is celebrated annually on 2 April to promote reading and to inspire a love for books among children worldwide.
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* The Quality Council of India (QCI) has signed a MoU with Laghu Udyog Bharati (LUB) to enhance awareness and participation in the MSME Competitive Lean Scheme (MCLS).
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* Meta has partnered with the Press Trust of India (PTI) under its third-party fact-checking programme in India.
The social media giant has nearly 100 partners around the world to review and rate viral misinformation in more than 60 languages.
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* The Ministry of Health and Family Welfare (MoHFW) has issued a directive, effective from 1st April 2024, to link their Central Government Health Scheme (CGHS) Beneficiary ID with their Ayushman Bharat Health Account (ABHA) ID.
The CGHS, initiated in 1954, aims to offer comprehensive healthcare to Central Government employees, pensioners, and their families.
Ayushman Bharat Health account is a 14-digit number that allows citizens to maintain their medical records digitally.
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* The Municipal Corporation of Delhi has extended the last date for geo-tagging of properties till 30 June 2024, in a move to give another opportunity to taxpayers to register their property with the civic body.
In December 2023, the MCD made geo-tagging of all kinds of properties mandatory for availing property tax exemption.
Geo-tagging of properties by taxpayers will provide a location-wise identification of individual properties and will enable better provisioning of service delivery to the citizens by MCD.
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* The Indian Institute of Corporate Affairs (IICA) has partnered with HP India to introduce ‘HP Future Impact Leaders - IICA Certified Environmental – Social - Governance (ESG) Professional Programme’.
The Indian Institute of Corporate Affairs (IICA) is an autonomous Institute under the Ministry of Corporate Affairs, Government of India.
It serves as a think tank, capacity-building, and service delivery organization in the field of corporate affairs and corporate governance.
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* TATA AIG General Insurance Company Limited has launched "Travel Guard Plus", a comprehensive travel insurance product that redefines complete coverage for travellers.
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* World Bank projected Indian economy to grow at 7.5 percent in 2024.
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* Abdel-Fattah al-Sisi was sworn in for his third term as the President of Egypt.
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* The Competition Commission of India (CCI) has approved a acquisition of an 8% stake in MG Motor India by IndoEdge India Fund – Large Value Fund (LVF) Scheme.
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* Sorin Investment Fund Chairman Sanjay Nayar has taken over as ASSOCHAM president for 2024-25.
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* The owner of Formula 1, Liberty Media, has acquisition of MotoGP in a $4.2 billion deal.
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* Veteran American actress Barbara Rush died in Los Angeles, USA.
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* WHO launched S.A.R.A.H., a digital health promoter prototype.
Previous iterations of S.A.R.A.H. were used to disseminate critical public health messages, under the name Florence, during the COVID-19 pandemic on the virus, vaccines, tobacco use, healthy eating and physical activity.
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* Army Medical Corps celebrated its 260th Raising Day on 3rd April 2024.
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* New Senegalese President Bassirou Diomaye Faye appointed Ousmane Sonko as prime minister in his first act as president.
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* A meeting was held for the launch of the report titled “Synchronizing energy transitions towards possible Net-Zero for India: Affordable and clean energy for All” prepared by IIM-Ahmedabad as part of a study project.
India’s emissions would range between 0.56 btCO2 and 1.0 btCO2 in 2070.
Financial requirements during 2020-2070 would be to the tune of Rs 150-200 lakh Crore (about US$ 2-2.5 trillion, or US$ 40-50 billion/year).
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* India plans to build its first privately managed strategic petroleum reserve (SPR) by 2029-30.
Expanding oil storage capacity would also help India join the International Energy Agency (IEA), which requires its members to hold a minimum of 90 days of oil consumption.
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* At the top of the Forbes World's Billionaires List 2024 is Mukesh Ambani whose net worth shot up to $116 billion, from $83 billion.
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* Union Health Secretary Apurva Chandra launched the myCGHS app for Central Government Health Scheme (CGHS) beneficiaries.
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* IOC Launches ‘Let’s Move India’ Campaign To Inspire People To Celebrate Athletes At Paris Olympics.
The IOC has joined forces with Abhinav Bindra, India’s first individual Olympic gold medallist, and an IOC Athletes’ Commission member, and together, they will extend invitations to schools across the nation to join the movement, as part of the Olympic Values Education Programme.
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* NSE to launch 1 paisa tick size for stocks below Rs 250.
The exchange said it will reduce the tick size to one paisa for securities priced below Rs 250 in the cash segment from 5 paisa currently. A tick size is the minimum price movement by which stock prices can change.
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* The National Health Claim Exchange (NHCX) one-stop-portal is likely to be launched in the next two-three months by Government.
Hospitals will be able to submit claims electronically, reducing paperwork and speeding up approvals.
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* South Africa's central bank fines SBI over compliance.
SBI said that the action on the South African branch included an immediate payment of of 5.5 million rand (Rs 2.5 crore) and an additional 4.5 million rand (Rs 2 crore) payable over 36 months.
The bank’s South Africa branch has made the immediate payment of a penalty of 5.5 million rand.
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* ACI Asia-Pacific & Middle East Announces Green Airports Recognition 2024.
The theme for the Green Airports Recognition 2024 is Biodiversity and Nature-Based Solutions.
3 Indian airports bagged silver.
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* Lithuanian President Gitanas Nauseda re-elected in vote marked by Russia fears.
The count published by the electoral commission showed that Nauseda won 76% of votes with 80% of ballots counted after polls closed in the second-round vote.
Lithuanian President Gitanas Nauseda speaks to media as he celebrates victory in the final round of presidential election in Vilnius.
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* NTPC gets third rank at ATD BEST Award 2024 for talent development.
Established in 2003, the prize recognizes businesses that successfully grow their workforces across the entire organization and use talent as a strategic business strategy. International specialists do a thorough study and assessment procedure that determines the ranking.
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* Romania and Bulgaria partially joined Europe’s Schengen travel zone.
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* The Prime Minister Narendra Modi addressed the opening ceremony of RBI@90, a program marking 90 years of the Reserve Bank of India in Mumbai.
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* Unified Payments Interface (UPI) grew by 56 percent year-on-year in H2 2023 to 65.77 billion, up from 42.09 billion in H2 2022.
The top-five issuers of credit cards were HDFC Bank, SBI, ICICI Bank, Axis Bank and Kotak Mahindra Bank, while the top-five issuers of debit cards were SBI, Bank of Baroda, Canara Bank, Union Bank of India and HDFC Bank.
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* Canara Bank launched a slew of new products, including a loan scheme to meet shortfall of hospital expenditure.
Canara Bank becomes the first bank to offer seamless doorstep digital services to self-help groups (SHGs) in collaboration with Reserve Bank Innovation Hub.
Digital SHG will help the customers to get instant digital credit in their accounts.
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* PhonePe partnered with Star Health and Allied Insurance Company Ltd (Star Health Insurance) to offer 'Star Comprehensive Insurance Policy'.
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* Shiny Wilson, a name synonymous with Indian athletics, has been nominated as a member of the Asian Athletic Commission.
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* Sheyphali B. Sharan has assumed charge as the Principal Director General of Press Information Bureau (PIB) upon superannuation of Manish Desai.
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* Venturi Astrolab Inc has unveiled a groundbreaking prototype of a lunar rover, the Flexible Logistics and Exploration (FLEX) vehicle.
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* The Hindustan Aeronautics Limited (HAL) has delivered two Dornier 228 planes to the Guyana Defence Force.
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* International Day for Mine Awareness and Assistance in Mine Action is annually observed on 4 April.
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* Centre extends tenure of Army Chief Gen Manoj Pande .
The Appointments Committee of the Cabinet has approved a one-month extension in the service of Chief of the Army Staff General Manoj Pande, extending his tenure until June 30, 2024.
He is notable for being the first officer from the Corps of Engineers to lead the Indian Army.
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* NASA Launches Small Climate Satellite to Study Earth’s Poles.
Rocket Lab’s Electron rocket lifted off from Launch Complex 1 at Māhia, New Zealand at 7:41 p.m. NZST May 25, 2024 (3:41 a.m. EDT) carrying a small satellite for NASA’s PREFIRE (Polar Radiant Energy in the Far-InfraRed Experiment) mission.
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* SpaceX Launches First Satellites For New US Spy Constellation.
Northrop Grumman NOC.N, a longtime space and defense contractor, is also involved in the project.
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* The Reserve Bank of India (RBI) on monday penalised ICICI Bank and YES Bank for violating various regulatory norms
RBI says supervisory inspection found violations by both banks about their financial position.
ICICI Bank was fined Rs 1 crore, while YES Bank was penalised Rs 91 lakh.
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* GAIL inaugurates 10 MW green Hydrogen Plant in Madhya Pradesh.
The plant will produce about 4.3 tonnes of green hydrogen per day, with a purity of about 99.999 per cent by volume. It uses electricity produced from renewable sources such as the sun's solar energy, to split water to produce green hydrogen.
In a statement, GAIL said the plant was in line with the National Green Hydrogen mission that has set out a goal of 5 million tons of annual green hydrogen production capacity for the country by 2030.
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* SEBI Mandates Social Enterprises On SSE To Submit Annual Impact Report By Oct-End For FY24.
SEBI mandates social enterprises on SSE to submit annual impact report by Oct-end for FY24, capturing qualitative and quantitative aspects of social impact.
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* Reliance's pact with Norway's Nel to accelerate new energy investments.
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* International Day of Action for Women's Health 2024 serves as a reminder for women to pay attention to their health. - May 28
International Day of Action for Women's Health Day 2024 serves as a reminder for women to pay attention to their protein intake and make conscious choices to incorporate more protein-rich foods into their diets.
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* World Hunger Day is an annual day focused on raising awareness and encouraging action to end world hunger - May 28.
World Hunger Day was started in 2011 by The Hunger Project to bring attention to the global food crisis. The organization recognized the importance of collective action and the power of many coming together to address food insecurity, making it a key focus of the holiday.
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* Ferrari's Charles Leclerc wins home F1 race in Monaco.
The poignant victory for the Monegasque driver narrows the gap in the championship standings with Red Bull’s Max Verstappen, who struggled all weekend and finished sixth.
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* DRDO chief Samir V Kamat gets one-year extension.
Samir V Kamat, who was appointed DRDO chief on August 26, 2022, was granted extension in service for one year from June 1, 2024 to May 31, 2025.
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* Doordarshan Kisan unveils first government TV channel with new AI anchors 'Krish' and 'Bhoomi'.
The anchors reportedly will be able to speak around 50 different languages.
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* Indian women’s compound team wins gold medal in Yecheon in Archery World Cup 2024.
Indian compound archers Priyansh and Jyothi Surekha Vennam also clinched the mixed team silver.
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* Dipa Karmakar Becomes First Indian Gymnast To Win Gold In Asian Senior Championships.
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* Kolkata Knight Riders thumps listless Sunrisers Hyderabad to win third title
Kolkata Knight Riders clinched the Indian Premier League title as it beat Sunrisers Hyderabad in the final by eight wickets at the MA Chidambaram Stadium in Chennai.
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* NSDC and ILO forge strategic partnership to enhance Skill Development and Lifelong Learning.
The MoU was signed by Shri Ved Mani Tiwari, CEO, NSDC and MD, NSDC International, and Mr. Sangheon Lee, Director, Employment Policy, Job Creation and Livelihoods Department, ILO, reaffirming both organizations' commitment to leveraging their strengths and expertise in talent development.
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* RBI Unveils PRAVAAH Portal, Retail Direct App, And Fintech Repository For Enhanced Public Access.
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* India announces immediate relief assistance worth US$ 1 million to Papua New Guinea in the wake of devastating landslide.
​A massive landslide occurred on 24 May 2024 in Enga Province, Papua New Guinea which buried hundreds of people and caused major destruction and loss of life.
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* (BHEL) has signed a technology transfer agreement with Bhabha Atomic Research Centre (BARC) for a 50 kW alkaline electrolyser system.
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* London-based Indian-origin artist Anish Kapoor tops the Hurun India Art List 2024.
Ranking the most successful Indian artists alive, the list indicates a buoyant art market in India.
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* Dr Emmanuelle Soubeyran elected as new Director General of the World Organisation for Animal Health.
During its 91st General Session, the World Organisation for Animal Health elects its new Director General, Dr Emmanuelle Soubeyran, for a 5-year mandate (2024-2029).
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* The Appointments Committee of the Cabinet (ACC) has approved the appointments of five Secretary level appointments on Monday.
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* Jetha Ahir Is Elected As NAFED Chairman.
As chairman of NAFED, Ahir will be responsible for developing and executing policies that promote cooperative marketing, increase farmer income, and assure the general expansion of the country's agricultural sector.
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* International Everest Day is a chance to celebrate this amazing natural wonder. - May 29.
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* The Theme for World Digestive Health Day 2024 is "Your Digestive Health: Make It a Priority".
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* International Day of UN Peacekeepers is observed on 29 May.
This campaign also calls on each of us to join the global movement for peace. Alone, we can never succeed. But, together, we can be a strong force for change.
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* Indian Arm Wrestlers Win Seven Medals At Asian Championship 2024.
Sachin Goyal, who is one of the stars of the Baroda Badshahs franchise in the Pro Panja League and is hugely popular on social media, won a bronze medal in the competitive right-hand Senior category.
Ibi Lollen from Arunachal Pradesh clinched two bronze medals in the Women’s right and left-hand categories. Pramod Mukhi stood in fourth place in a fiercely intense bout.
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* MEA, MeitY and CSC e-Governance Services India Ltd sign MoU to provide eMigrate services through Common Services Centres.
Over the years, the number of Indians going abroad for employment has been increasing as well as the contribution of remittances sent by them has been significant.
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* IIT Kanpur, DRDO join forces to establish DIA Centre of Excellence, to foster research in next-gen defence technology.
The latest move comes in line with DIA CoEs set up by DRDO in key academic institutions in across India. Here is how the new facility will play a big role.
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* Bank of Maharashtra Nurturing Agri-Innovation with its Maha Krishi Samrudhi Yojana (MKSY) Scheme.
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* Capital markets regulator Sebi on Tuesday notified a framework for issuance of subordinate units by privately placed infrastructure investment trusts (InvITs).
In its notification on Monday, Sebi said subordinate units would only be issued by a privately placed InvIT upon acquisition of an infrastructure project.
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* SBI Research says, India's GDP growth likely to touch 8 % in financial year 2024.
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* Richard M. Sherman, Oscar-winning composer who co-wrote songs for 'Mary Poppins,' 'It's a Small World,' dies at 95.
His death was announced in a statement by Disney, which said Sherman passed away "due to age-related illness" at Cedars-Sinai Medical Center in Los Angeles.
The Sherman brothers were inducted into the Songwriters Hall of Fame in 2005 and received the US National Medal of the Arts in 2008.
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* Manoj Jain Appointed as CMD of Bharat Electronics Limited.
Mr Manoj Jain took over as the General Manager and Head of the Electronic Warfare & Avionics SBU at BEL-Bangalore in June 2021. Apart from overseeing all the business operations of the SBU, he provided the much-needed vision for this business vertical.
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* PV Sindhu Signs Off With Runner-Up Finish At Malaysia Masters.
Star Indian shuttler PV Sindhu's wait for a much-needed title extended further as she faltered in the finishing line, going down in three games to world no. 7 Wang Zhi Yi of China in the summit clash.
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* Credit growth to slip 200 bps to 14% in FY25 on revision in risk weights, slower GDP growth: CRISIL
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* Shah Rukh Khan is now the new brand ambassador of Muthoot Pappachan Group .
Muthoot Pappachan Group is the promoter of leading NBFCs including Muthoot FinCorp Limited.
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* Reliance backed Radisys forms consortium to set up telecom network in Ghana.
The partnership aims to enhance the lives of Ghananians by digitalization in education, healthcare, and payment transactions.
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* World Vape Day is observed on May 30.
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* Inaugural International Day of Potato — May 30, 2024.
In July 2021, the FAO approved the proposal to declare May 30 as the International Day of the Potato. The final resolution to hold International Day of the Potato was adopted by consensus of the UN General Assembly in December 2023 with the first day to be held in 2024.
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* Albert Ruddy, Oscar-winning producer of ‘The Godfather’ and ‘Million Dollar Baby,’ dies at 94.
Ruddy died “peacefully” on Saturday at the UCLA Medical Center, said a spokesperson, who added that among his final words were, “The game is over, but we won the game”.
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* Central Council for Research in Ayurvedic Sciences Launches “PRAGATI-2024”, an initiative to shape the future of Ayurveda.
The event was well attended by CEO’s/ MD’s /Directors and Head of research units from 37 pharma Companies. Mrs. Kavita Garg, joint secretary, Ministry of Ayush and other senior officeials of the ministry were also present during the event.
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* Chennai startup Agnikul Cosmos launches world’s first 3D-printed rocket engine.
SOrTeD (SubOrbital Technological Demonstrator) is a single-stage rocket fueled by a semi-cryogenic engine. Developed in India, the vehicle was assembled at Agnikul's facilities at IIT Madras, informed MoS - IT and Technology, Rajeev Chandrasekhar.
Spacetech startup Agnikul Cosmos on May 30 successfully launched the Agnibaan SOrTeD rocket from Sriharikota, putting behind four previous attempts that were called off. (PTI)
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* NEW $135 MILLION UNDP AND GEF INITIATIVE WILL SUPPORT SMALL ISLAND DEVELOPING STATES TACKLE DRIVERS OF ENVIRONMENTAL DEGRADATION.
The BGI-IP will support 15 SIDS, selected through a competitive “Expressions of Interest” process, representing all SIDS sub-regions: the Caribbean, the Pacific, and the Atlantic, Indian Ocean and South China Sea (AIS).
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* NSE Indices launches new electric vehicles index to spur EV ecosystem.
The Mumbai-based NSE is one of the two main stock exchanges of India. The other major bourse is the BSE.
The base date for the index is April 02, 2018, and the base value is 1000. The index will be reconstituted semi-annually and rebalanced on a quarterly basis.
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* The RBI has placed restrictions the Edelweiss group — ECL Finance and Edelweiss Asset Reconstruction Company (EARCL) — over ‘evergreening’ stressed loans.
EARCL is among the largest companies dealing with the purchase and recovery of bad loans from lenders.
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* CSFB partners with ICICI Lombard for Bancassurance, offering a wide range of insurance products to customers in Northern India.
Currently, CSFB has 177 branches spread over 5 States and 1 Union Territory.
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* Bilan Media, Somalia's Only All-Women Media Team, Won 2024 One World Media Press Freedom Award.
Inside Somalia, Bilan’s reports reach millions via the radio, TV and social media channels of Dalsan Media Group, which hosts Bilan at offices in Mogadishu.
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* PhonePe launches digital lending for consumers with 15 partnered banks, NBFCs, and Fintech.
Fintechs, like PhonePe, have a higher risk appetite and sometimes more data to assess creditworthiness. As such they are more likely to extend credit to the underserved sections of society or those with a higher default risk.
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* Coal India incorporates new arm for coal-to-chemical business.
Coal India in February signed a joint venture agreement with Bharat Heavy Electricals Ltd (BHEL) for undertaking a coal-to-chemicals business.
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* India assumed the Chair of Colombo Process for 2024-26, for the first time since its inception.
The Colombo Process is a regional consultative forum comprising 12 member states of Asia.
India looks to promote safe, orderly and legal migration.
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* Reliance, Tata, Serum Institute recognized among TIME Magazine's Most Influential Companies list.
TIME, in recognizing Reliance, also highlighted the significant Reliance-Disney deal, noting that the $8.5 billion agreement will strengthen Reliance's position in India’s rapidly growing streaming and OTT market.
TIME's fourth annual list of the 100 Most Influential Companies celebrates businesses making an extraordinary impact globally.
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* World Health Organization (WHO) observes World No Tobacco day on 31st May.
The Member States of the World Health Organization created World No Tobacco Day in 1987 to draw global attention to the tobacco epidemic and the preventable death and disease it causes.
In 1987, the World Health Assembly passed Resolution WHA40.38, calling for 7 April 1988 to be a "a world no-smoking day."
In 1988, Resolution WHA42.19 was passed, calling for the celebration of World No Tobacco Day, every year on 31 May.
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* World Multiple Sclerosis Day is observed on 30th May every year.
The goal of World MS Day is to enhance understanding of the disease, advocate for improved access to treatment and care, and build a sense of unity within the global MS community.
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* The Food Safety and Standards Authority of India (FSSAI) and the Agricultural and Processed Food Products Export Development Authority (APEDA) have jointly developed a “Unified India Organic” logo.
It will replace NPOP’s India Organic and FSSAI’s Jaivik Bharat logos.
The logo, prepared following a decision by the high-level group of ministers, will come into force in “due course”, a letter from APEDA, which supervises the National Accreditation Body for organic products, said.
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* Jio Financial Services Debuts JioFinance App for Digital Banking.
Designed to cater to users of all levels of familiarity with financial technology, the app ensures effortless money management.
The decision to launch the beta version reflects the company's commitment to refining its product based on real user experiences.
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* Union Minister Ashwini Vaishnaw Inaugurates India's 500th Community Radio Station at IIMC Aizawl.
Community radio stations play a crucial role in rural development and local community empowerment.
Apna Radio 90.0 FM will broadcast in local languages, enhancing accessibility and cultural preservation.
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* RBI projects real GDP growth at 7% in FY25.
In its April monetary policy, the RBI said that the real GDP growth for 2024-25 is projected at 7 percent with Q1 at 7.1 percent; Q2 at 6.9 percent; Q3 at 7 percent; and Q4 at 7 percent.
Real GDP growth is robust on the back of solid investment demand, which is supported by healthy balance sheets of banks and corporates.
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* RBI Transfers 100 Tonnes of Gold to India from UK for the 1st time since 1991.
According to the report, In the upcoming months, another similar amount of gold can be added to the country.
More than 308 metric tonnes of gold are kept in India as collateral for notes that are issued, and an additional 100.28 tonnes are kept domestically as departmental assets for the banking sector.
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* Adani Ports Signs 30-Year Concession to Operate Container Terminal 2 at Dar es Salaam Port.
CT2, with four berths, has an annual cargo handling capacity of 1 million TEUs and managed 0.82 million TEUs of containers in 2023, estimated to be 83% of Tanzania’s total container volumes.
East Africa Gateway Limited (EAGL) has been incorporated as a joint venture of AIPH, AD Ports Group and East Harbour Terminals Limited (EHTL). APSEZ will be the controlling shareholder and will consolidate EAGL on its books.
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* LIC raises holding in agrochem firm PI Industries by 5%.
The holding was raised, as an investment function, from 4.95% (75,19,910 shares) to 5% (75,91,910 shares) on May 30 with share pricing cost at Rs 3,551.15 per share.
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* BFI joins World Boxing but claims it also remains affiliated to IBA.
The Boxing Federation of India (BFI) has agreed to become a member of World Boxing on Friday.
The CAS rejected the IBA’s appeal against the decision of the IOC Session to withdraw recognition of the IBA as the International Boxing Federation.
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* Eminent Puppeteer Padma Shri Maguni Kuanr Passes Away.
President Droupadi Murmu has expressed sadness over the demise of renowned puppeteer and Padma Shri awardee Maguni Charan Kuanr.
In a social media post President Murmu offered her condolences and said that Mr Kuanr has left behind an inspiring legacy.
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* World milk Day is celebrated on 1st June every year.
This year’s theme will focus on celebrating the vital role dairy plays in delivering quality nutrition to nourish the world. Dairy is an accessible, affordable, and nutrient-dense food, and an essential part of balanced diets across the world.
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* The Global Day of Parents is observed every year on 1 June.
"The Promise of Playful Parenting." Global Day of Parents 2024. Throughout June, United Nations Children’s Fund, Family organizations; Associations of parents will be encompassing a broad range of topics from the scientific foundations of play to engaging activities for the entire family.
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* Reliance Foundation and INCOIS partners to empower coastal communities.
Dr Srinivasa Kumar, Director of INCOIS, Jagannatha Kumar, CEO of Reliance Foundation, and others participated in the MOU signing event and discussed various aspects of collaboration.
After the collaboration both entities will work to leverage ocean data, enhancing climate resilience and disaster mitigation.
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* Sebi launches saathi 2.0 personal finance app for investors.
Sebi introduces 'Saathi 2.0': A mobile app revolutionizing personal finance by simplifying intricate concepts and offering essential tools like financial calculators, KYC procedures, mutual fund insights, stock exchange navigation, and a seamless investor grievance redressal mechanism.
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* Department Of School Education Partners With National Book Trust To Launch Rashtriya E-Pustakalaya.
The digital library aims to resolve the ‘last mile’ accessibility issue for many states by offering over 10,000 books in more than 100 languages within the next 2-3 years. Currently, over 1,000 books in 23 languages are available.
A panel discussion on “Re-discovering Reading Habits in Bharatiya Youth” featured insights from Indian publishing experts, engaging Ministry of Education officials, school principals, publishers, scholars, and media members.
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* Gati Shakti Vishwavidyalaya signs three MoUs for industry-academia collaboration.
Ashwini Vaishnaw said that he was glad tht GSV has emerged as an institution at par with IITs in the country in such a short time.
With tremendous growth in the transportation & logistics sector as well as telecommunication sector, along with recent focus on semiconductor manufacturing in India, these MoUs are expected to create manpower for significant employment opportunities.
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* Adani One launches 2 credit cards in partnership with ICICI Bank.
The cards provide a range of benefits including reward points on spends made through services offered on the Adani One app and complimentary benefits at Adani airports, revealed the ICICI bank website.
Adani One, Adani Enterprises’ consumer app, was launched in November 2022, to expand Adani’s various consumer services like travel services, ticket booking, airport services, gas, electricity, etc.
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* The Reserve Bank of India (RBI) cancelled the auction of 10-year green bonds for the first time , as traders refused to pay greenium.
At the time of the auction, the benchmark bond yield was trading at 6.99 per cent.
The yield on the benchmark 10-year government bond settled at 6.98 per cent on Friday, against 7 per cent on Thursday.
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* Axis Bank and Mastercard collaborate to launch NFC Soundbox.
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* Axis Bank, Bajaj Allianz forge strategic bancassurance partnership.
Through this collaboration, a wide range of Bajaj Allianz General Insurance products will be distributed through Axis Bank’s extensive network.
Bancassurance is an insurance distribution model where companies partner with banks to sell policies.
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* Claudia Sheinbaum makes history as Mexico's first woman president .
Beyond becoming Mexico’s first female head of state, Sheinbaum, a Nobel Prize–winning climate scientist and former mayor of Mexico City (from 2018 to 2023), will also have the distinction of being the first Jewish person to hold that role.
An ally and protégé of the broadly popular outgoing president, Andrés Manuel López Obrador, Sheinbaum had been the front-runner in this year’s election since her candidacy was announced last September.
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* ISRO develops “PraVaHa”, a CFD software for aerodynamic design and analysis.
PraVaHa has been used extensively in the Gaganyaan program for aerodynamic analysis of human-rated launch vehicles, viz, HLVM3, Crew Escape System [CES], and Crew Module [CM]. It is designed to make use of CPU as well as GPU architecture of available and upcoming supercomputing facilities.
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* Kedar retires from all forms of cricket in middle of MPL.
India international Kedar Jadhav on Monday announced his retirement from all forms of cricket.
In India colours, the 39-year-old amassed 1389 runs at an average of 42.09 with two centuries and six half tons.
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* UNO observes International Day of Innocent Children Victims of Aggression on 4 June.
The General Assembly on its 31st plenary meeting on 19 August 1982, having considered the question of Palestine at its resumed seventh emergency special session.
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* Centre Launches New Mobile Number Series For Service, Transactional Calls.
The move is aimed at helping citizens easily identify legitimate calls and curb unsolicited voice calls from telemarketers using 10-digit mobile numbers.
The Department of Telecommunications (DoT) said in a statement that since the 140xx series is being used extensively for promotional calls, "consumers normally do not respond to such calls, and many important service/transactional calls are missed".
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* KVGB Received National Award from PFRDA for Implementation of APY.
At present the Bank has 629 branches in the nine district jurisdiction from Vijayapura to Mangalore. It may be recalled here that the Bank made a national record by enrolling more than 44000 accounts on a single day in the last fiscal.
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* Gautam Adani becomes Asia’s richest person again, surpassing Mukesh Ambani.
A major factor behind Adani’s rise is the recent surge in Adani Group stocks. On Friday, shares of all Adani Group companies jumped significantly.
This followed a report from Jefferies that praised the group’s ambitious plans to spend $90 billion on expansion over the next ten years. This positive outlook boosted investor confidence, boosting the company’s market value.
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* Union Minister of State for Science and Technology, Minister of State for Earth Sciences, Dr. Jitendra Singh launches "One Week One Theme" (OWOT) campaign showcasing recent success stories of India in different streams of science and technology.
“Our aim is to integrate the efforts of all CSIR labs working on similar projects to reduce overlap and optimize resources,” says Dr. Jitendra Singh
Dr. N. Kalaiselvi, DG, CSIR; R. Pradeep Kumar, Director CSIR-CBRI, Roorkee were also present on the occasion.
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* Tanvi Sharma Bags Women’s Singles Title Of Bonn International Badminton Tournament.
Tanvi Sharma clinched the women's singles title at the Bonn International as she defeated Wang Pei Yu.
In a contest that lasted a little over half an hour, Tanvi, ranked 432nd in the world, registered a 21-19, 22-20 victory.
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* Kozhikode is India's first UNESCO 'City of Literature'.
Kozhikode is a place known for literary greats like late S K Pottakkad and Vaikom Muhammed Basheer.
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* Businesswoman Halla Tomasdottir set to become Iceland’s next president.
Tomasdottir wins 34.6 percent of the votes to become the Nordic country’s second female president.
Iceland’s president holds a largely ceremonial position in the parliamentary republic, acting as a guarantor of the constitution and national unity. He or she, however, has the power to veto a legislation or submit it to a referendum.
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* APIX and RBI Join Forces to Drive Financial Innovation Through HaRBInger 2024 Hackathon.
As a trusted platform utilised by major banks and regulators worldwide, APIX is uniquely positioned to empower innovators and accelerate their journey toward bringing innovative ideas to life.
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* India joins U.S.’s Red Flag air and RIMPAC naval exercises.
These multinational exercises are expected to. offer realistic training in a simulated combat environment
Onwards and Upwards. An IAF contingent arrived today at the Eielson AF Base of US airforce, at Alaska, US, to participate in the upcoming edition of the multi-national exercise Red Flag 24.
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* The World Vitiligo Day is observed on June 25 every year.
. A goal of the World Vitiligo Day 2012 was to raise 500,000 signatures to address the United Nations .
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* Max Verstappen won the Spanish Grand Prix for the third year in succession.
Having started on the front row behind McLaren’s Lando Norris, Max Verstappen found himself behind the Mercedes of George Russell by the end of the first lap.
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* Ruchira Kamboj, India's top diplomat at UN, retires after 4 decades of service.
The first woman diplomat to occupy the prestigious position as the Ambassador of India at the UN, Kamboj – who had joined the Indian Foreign Service in 1987 – took to social media to bid goodbye.
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* Health and Defence Ministries to set up dedicated Tele MANAS cell for armed forces.
Tele MANAS is the digital extension of the District Mental Health Programme, offering comprehensive, integrated, and inclusive 24/7 tele-mental health services.
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* IIT Bombay, IIT Delhi shine bright among top 150 universities in QS World University Rankings 2025.
Overall, the Massachusetts Institute of Technology (MIT) retained the top rank globally for the 13th time in the QS rankings.
The Delhi University (DU) stood out for the employability of its graduates and has been ranked 44th globally in the category of employment outcomes.
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* India participates in ITU’s WSIS+20 Forum High-Level Event and ‘AI for Good’ Global Summit.
India’s role in drafting global standards for responsible and trustworthy AI highlighted.
Shri Verma was addressing a session on ‘Harmonizing Global Collaborations in AI Industry: A Roundtable on the Future of AI Standardisation, Regulation and Industry Development’, in Geneva, Switzerland.
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* Netherlands emerges as India's 3rd largest export destination in 2023-24 after Us and UAE.
The main commodities which registered healthy exports growth in the Netherlands include petroleum products ($14.29 billion), electrical goods, chemicals, and pharmaceuticals in the last fiscal
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* Over 50 percent of world's mangroves at risk of collapse climate change leading factor .
"IUCN's Red List of Ecosystems is key to tracking progress towards the goal of halting and reversing biodiversity loss, in line with the Kunming-Montreal Global Biodiversity Framework.
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* Global unemployment rate is expected to fall slightly to 4.9% in 2024.
The International Monetary Fund in April raised its 2024 forecasts for global growth to 3.2% from the 3.1% estimated in January, largely due to an improvement in the U.S. outlook
The revision is mainly due to lower-than-expected unemployment rates in China, India, and high-income countries reported so far this year, the agency said.
The downward trend for joblessness is expected to flatten in 2025, with unemployment remaining at 4.9%, the report said.
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* Edelweiss Tokio Life Insurance has rebranded as Edelweiss Life Insurance.
“This rebranding is a significant step in our business journey, enhancing our competitiveness in the marketplace. We are available to assist our customers and partners with any queries,” Rai added.
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* Supreme Court Re-Constitutes Gender Sensitisation And Internal Complaints Committee and appoints Justice Hima Kohli as Chairperson.
Justice Hima Kohli has been nominated as the Chairperson for the Committee. She also headed the Committee in 2022 and 2023. Justice BV Nagarathna is a member of the Committee.
Additional Registrar Sukhda Pritam has been nominated as the Member Secretary.
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* Kuwait's Emir appoints Sheikh Sabah Khalid Al Sabah as Crown Prince.
He was formerly the country's prime minister.
The ceremony took place following an Emiri order issued by the Emir last Saturday, which formally nominated Sheikh Sabah as the Crown Prince.
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* On 5 June, we celebrate World Environment Day.
Greenhouse gas emission reduction: establishing a framework to achieve at least 55% reduction in greenhouse gas emissions compared to 1990 levels by the end of this decade.
Decoupling economic growth from emissions: since 1990, greenhouse gas emissions have dropped by 32,5%, while our economy has grown by nearly 70%.
Addressing carbon leakage: with the Carbon Border Adjustment ensuring that emissions are reduced wherever they are produced, even outside of EU borders.
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* Sebi issues guidelines to relax timelines for FPIs to make material event disclosures.
The regulator alerted changes to the Master Circular issued to the FPIs.
Type I material changes will need to be informed within 7 days with supporting documents provided within 30 days..
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* International Day for the Fight against Illegal, Unreported and Unregulated Fishing is observed on 5 June.
Meeting this ambitious target requires strong awareness-raising efforts to draw the attention of the general public to the negative impacts of illegal, unreported and unregulated fishing activities, an activity in which FAO has been actively engaged.
In 2009 the FAO Conference adopted the Agreement on Port State Measures to Prevent, Deter and Eliminate Illegal, Unreported and Unregulated Fishing. The Agreement is binding and stipulates minimum port State measures to prevent, deter and eliminate illegal, unreported and unregulated fishing. It entered into force on 5 June 2016.
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* MeitY inaugurated the Indigenous Air Quality Monitoring System (AQ-AIMS) and launched the ‘Air-Pravah’ App.
As per a ministry release, these are developed under MeitY-supported technologies.
The Ministry of Environment, Forest and Climate Change (MoEFCC) mentioned that the developed system will be helpful in providing various environmental clearances.
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* MoD inks MoUs with 4 banks to onboard them as SPARSH service centres across 1,128 branches.
The MoUs will provide last-mile connectivity to pensioners, especially in remote areas where they do not have the technical wherewithal to log on to SPARSH.
The access to these centres would be provided free of cost, with nominal service charges being borne by the DAD, it said.
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* UN Russian Language Day is observed on June 6.
Russian is a Slavic language. It is the eighth most spoken language across the world.
It is also one of the most interesting languages that you can pick up easily. You must learn the language to read its history.
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* World Pest Day observed on June 6, Creates Awareness Regarding Pest Management.
Pest management helps to provide benefits for human life and plants. It is said that a huge number of insects that come under the category of pests.
A few years ago trade associations from India and other countries came together and joined hands first time to take global initiative that was launched in China's Beijing to combat pest-borne diseases.
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* Boeing launches NASA astronauts for the first time after delays, Indian-origin astronaut Sunita Williams on board.
Boeing's Starliner capsule, atop an Atlas V rocket lifts off from launch pad at Space Launch Complex 41 .
Boeing launches astronauts to the International Space Station with Starliner capsule, marking a milestone for the company. The crew, including NASA test pilots Wilmore and Williams, embarked on a 25-hour journey to the orbiting lab.
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* Maharashtra Governor releases book titled ‘Gateways to the Sea.
The publication of this book is an important milestone in creating awareness about the ancient ports stated above and it also covers the development of modern ports and docks of Mumbai including Mazagon Dock, Mumbai Port, Bombay Dock, Sassoon Dock and Ferry Wharf also known as Bhaucha Dhakka.
The President of the Maritime Mumbai Museum Society Captain KD Bahl, Vice Admiral (Retd) Indrasheel Rao, Editor Dr Shefali Shah, Vice President Anita Yewale, Deputy Director of Publications Division Sangeeta Godbole and the contributing writers were present in the function.
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* Anuj Tyagi to succeed Ritesh Kumar as MD & CEO of HDFC Ergo from July 1.
According to a company statement, this is in line with the leadership change approved by the board. According to a company statement, this is in line with the leadership change approved by the board.
The company has received all the necessary regulatory approvals for the succession.
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* India receives highest FDI from Singapore in FY24, Mauritius second biggest investor.
During the last fiscal, FDI equity inflows decreased from major countries, including Mauritius, Singapore, the US, the UK, UAE, Cayman Islands, Germany, and Cyprus.
However, investments increased from the Netherlands and Japan.
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* Punjab National Bank (PNB) to Sell 10% Stake in Canara HSBC Life Insurance via Initial Public Offering (IPO).
This decision follows Canara Bank's recent approval to dilute its 14.50% stake in Canara HSBC Life Insurance, where it holds a majority stake of 51%. HSBC holds a 26% stake in the joint venture.
Previously, PNB's Managing Director and CEO Atul Kumar Goel stated no immediate plans to sell the stake. IRDAI's revised norms allow banks to hold up to 25% equity in two life insurers.
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* TotalEnergies signs LNG agreements with Indian Oil Corp, Korea South-East.
The company also signed a heads of agreement with Korea South-East Power to supply up to 500,000 metric tons per year of LNG to South Korea for five years starting from 2027.
The agreements are in line with TotalEnergies' strategy of growing its LNG business and are medium-term outlets for its global LNG supply portfolio, the company said.
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* C-DOT wins UN’s WSIS 2024 PRIZE “Champion” Award for “Mobile – Enabled Disaster Resilience through Cell Broadcast Emergency Alerting” category at the World Summit on the Information Society (WSIS)+ 20 Forum High-Level Event held at Geneva.
C-DOT showcases its AI based solution to detect and prevent Cyber Frauds at AI for Good Global Summit held at Geneva.
The C-DOT’s mobile–enabled Cell Broadcast Emergency Alerting Platform is an end-to-end solutions for near real time delivery of life-saving emergency information to mobile phones through cellular networks.
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* RBI approves Zurich Insurance's 70% acquisition of Kotak General for ₹5,560 crore.
The development came after Kotak Mahindra Bank in February said that Zurich Insurance would acquire a majority stake in Kotak General in a single tranche.
These changes include updates to the average balance requirements, free transaction limits, ATM transaction limits, standing instruction failure fees, and chequebook limits.
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* Mines Ministry Signs MoU with Central TB Division, Ministry of Health & Family Welfare for Collaborative Action Towards Elimination of Tuberculosis in the Country by 2025.
This partnership aims for collaborative field actions like webinars and other awareness-building initiatives under National TB Elimination Programme by engaging the CPSEs, attached offices, subordinate offices and autonomous bodies of Ministry of Mines.
This initiative will also help in capacity building of health functionaries of PSUs’ hospitals & health centres for specialized campaigns for eradication of TB at grass-root level.
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* India participates in the inaugural Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum.
10 Indian companies among the top 100 climate tech start-ups/ companies selected by IPEF.
More than 25 Indian companies got opportunity to pitch Indian projects to more than 100 global Investors.
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* UNICEF reported 1 in 4 children globally live in severe child food poverty due to inequity, conflict, and climate crises.
Children experiencing this level of food poverty are up to 50 per cent more likely to suffer from life-threatening malnutrition.
Children who consume, at most, two of eight defined food groups are considered to be in severe child food poverty.
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* Global temperature is likely to exceed 1.5°C above pre-industrial level temporarily in next 5 years.
Short-term (annual) warming does not equate to a permanent breach of the lower 1.5°C Paris Agreement goal.
Likely that at least one of next five years will be the warmest on record, beating 2023.
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* India, S. Korea, US, Japan, EU launch Biopharmaceutical Alliance.
The Biopharmaceutical Alliance was launched in response to the drug supply shortages experienced during the Covid-19 pandemic.
The inaugural meeting of the Biopharmaceutical Alliance, held in San Diego during the Bio International Convention 2024, had representatives from government officials and bio and pharmaceutical companies from the participating countries, South Korea's Yonhap news agency reported.
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* Star footballer Sunil Chhetri announced his decision to retire from international football .
Chhetri, who debuted in 2005 against Pakistan, has been the face of Indian football for nearly a decade and a half.
He has scored 94 international goals for India, making him the third-highest active international goalscorer after Cristiano Ronaldo and Lionel Messi and the fourth all-time international goalscorer.
          ____________________________



* World Food Safety Day is observed on 7th of June every year.
One in ten people worldwide fall ill from contaminated food each year.
Over 200 diseases are caused by eating contaminated food .
40 percent of the foodborne disease burden is carried by children under 5.
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* Sebi mandates KRAs to update KYC info on Central KYC Records Registry.
Sebi has asked KYC registration agencies to upload KYC details of all capital market investors from August 1.
According to the new guidelines, KRAs will have to upload verified or validated KYC information onto CKYCRR within seven days of receiving it from intermediaries.
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* World Oceans Day is celebrated on 8 June.
World Oceans Day reminds every one of the major role the oceans have in everyday life.
They are the lungs of our Planet and a major source of food and medicine and a critical part of the biosphere.
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* Max Verstappen wins third straight Canadian Grand Prix for his 60th Formula 1 victory and sixth in nine races this year.
Verstappen finished 3.879 seconds ahead of McLaren's Lando Norris in the 70-lap race on the 2.71-mile (4.36-kilometer) road course.
Last year, Verstappen started from the pole and led every lap.
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* MSME lender Ashv Finance partners with HDFC Bank for co-lending MSME loans.
The co-lending deal is part of Ashv Finance’s focus on growing co-lending partnerships for lending to MSMEs.
The unsecured business loans by Ashv Finance are offered between Rs 20 lakh and Rs 50 lakh for a minimum of 12 months and a maximum of 36 months.
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* Former Cameroonian prime minister Phileman Yang elected president of 79th session of UN General Assembly.
Yang, born in June 1947, served as Cameroonian prime minister from 2009 to 2019, and since 2020, he has been serving as the Grand Chancellor of National Orders at the Presidency of the Republic.
He served as Cameroon's high commissioner to Canada between 1984 and 2004, and has held the position of Chairperson of the Panel of Eminent Africans of the African Union since February 2020.
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* The Andhra Chamber of Commerce has signed a memorandum of understanding with the Atal Incubation Centre at the Anna University Incubation Foundation.
Based on the MoU, AIC Anna Incubator shall co-incubate startups with ACC, and promote ACC in their events and outreach programs.
Also, refer startups and co-working spaces for interested startups to ACC.
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* Garden Reach Shipbuilders surges 6% on lowest bid of Rs 500 cr for DRDO contract.
GRSE, which rebounded strongly post the election result meltdown, has recovered most of its losses, backed by optimism around government policies and its focus on defence indigenisation.
At 10.55 am, shares of GRSE were trading at Rs 1,348.15, up 3.85 percent on the NSE.
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* Shri Kamal Kishore Soan takes over the charge of Director General of ESIC.
He has got vast experience of governance and management of various departments in the state of Jharkhand viz. Land Revenue Management and District Administration, Agriculture & Cooperation, Health, Building Construction, Transport, Finance, Energy, Water Resources, Social Justice & Empowerment, etc.
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* Norway Chess 2024: Magnus Carlsen, Ju Wenjun emerge as winners, Praggnanandhaa finishes third.
Magnus Carslen, with 17.5 points, and Ju Wenjun, with 19 points, emerged as the champions after the final round of the Norway Chess tournament.
The Chinese player finished last, scoring just seven points, 4.5 behind the fifth-placed Caruana.
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* Eenadu founder chairman , Padma Vibhushan awardee and media baron Ramoji Rao passes away at 87.
Ramoji Rao had been suffering from chronic illness and age-related health complications for a long time.
He was admitted to Star Hospitals of Nanakramguda in Hyderabad on June 5 afternoon due to respiratory issues and high blood pressure.
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* World Accreditation Day on June 9 ,2024 serves to show Accreditation.
As the 2024 World Accreditation Day video states, ‘Accreditation has been a key pillar of societal trust for decades and now underpins virtually every aspect of everyday life.’
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* Neerabh Kumar Prasad takes over as Chief Secretary of Andhra Pradesh.
General Administration Department issues G.O. to this effect; the senior most IAS officer in the State cadre, he will be overseeing the swear-in ceremony of Chandrababu Naidu as Chief Minister of Andhra Pradesh on June 12.
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* SpaceX accomplishes first soft splashdown of Starship, Super Heavy Booster on Flight 4 mission.
For a fourth time in program history, SpaceX launches its Starship rocket from its Starbase facility in southern Texas.
During Flight 3, the upper stage began to roll uncontrollably, preventing the vehicle from performing a relight of one of its six Raptor engines.
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* NPCI International Payments Limited (NIPL) ties up with Central Bank of Peru for UPI-like payment system in Peru.
NPCI International Payments Limited (NIPL) and Central Reserve Bank of Peru (BCRP) announce partnership for UPI.
The partnership will empower Central Reserve Bank of Peru to establish a reliable and efficient real-time payments platform within the country.
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* NASA Welcomes Slovakia as New 42nd Artemis Accords Signatory.
Tomáš Drucker, Minister of Education, Research, Development, and Youth signed the Accords on behalf of Slovakia.
The United States and seven other nations were the first to sign the Artemis Accords in 2020, which identified an early set of principles promoting the beneficial use of space for all humanity.
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* UN declares 2025 to be International Year of Quantum Science and Tech.
Next year will be a century since Werner Heisenberg published a paper in which he laid the foundation of modern quantum mechanics.
The proclamation is the result of a resolution led by Mexico in May 2023 and which was soon joined by other countries.
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* World Day Against Child Labour is observed on 12 June.
Child labour comprises work that children are too young to perform and/or work that, by its nature or circumstances, is likely to harm children’s health, safety or morals.
With the adoption of Sustainable Development Goal Target 8.7, the international community made a commitment to the elimination of child labour in all its forms by 2025.
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* Every year from 2024, June 11 will be observed as the International day of play.
International Day of Play will serve as an annual reminder of the urgency to ensure and promote play across all ages.
Restricting opportunities for play directly impedes a child's well-being and development.
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* SBI launches 'SME Digital Business Loans', to sanction loans in 45 minutes.
Waives of financial statement requirement for SME loans below Rs 50 lakh.
The country’s largest lender, State Bank of India (SBI), has floated ‘SME Digital Business Loans’ with the aim of sanctioning loans in 45 minutes.
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* RBI relaxes overseas investment rules for offshore funds.
Investment can be in any instrument, regardless of its form, and in funds set up as limited partnerships, LLCs, VCCs, companies or trusts.
Until now, overseas portfolio investment (OPI) was permitted only if the ‘funds’ were regulated in their home jurisdiction and the investments were in ‘units’ of the funds.
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* Ravichandran Ashwin releases his autobiography 'I Have the Streets: A Kutti Cricket Story' .
The autobiography delves into Ravichandran Ashwin's early challenges with health, the unwavering backing from his middle-class family, and the delight of maturing in a cricket-centric community in Chennai.
Regarded as one of India's premier match-winners in Test cricket, Ashwin is acclaimed for his extraordinary feats, notably becoming the quickest bowler to achieve 300 Test wickets.
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* Sub Lieutenant Anamika Rajeev becomes Indian navy's first Woman helicopter pilot.
The trainees completed an intensive 22-week training programme encompassing rigorous flying and ground training at the Indian Naval Air Squadron 561, the alma mater of all helicopter pilots of the Indian Navy.
Lieutenant Gurkirat Rajput received the FOC-in-C, Eastern Naval Command Rolling Trophy for the trainee pilot standing First in Order of Merit in flying.
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* India participated in BRICS foreign ministers meeting in Russia.
Usually, the External Affairs Minister attends such meetings. Since S Jaishankar was reappointed as External Affairs Minister only on Monday after Prime Minister Narendra Modi's swearing-in ceremony on Sunday, he could not make it to Russia to attend the meeting.
Ravi, Secretary (Economic Relations) in MEA, led the Indian delegation at the BRICS Foreign Ministers' Meeting in Nizhny Novgorod, it said.
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* Global investment in clean energy to reach USD 2 Trillion is twice that of fossil fuel in 2024.
The new report warns, however, that there are still major imbalances and shortfalls in energy investment flows in many parts of the world.
It highlights the low level of clean energy spending in emerging and developing economies (outside China), which is set to exceed $300 billion for the first time – led by India and Brazil.
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* Vellayan Subbiah named EY World Entrepreneur of the year 2024.
Starting in 2018, he took on leadership of TII, a 70-year-old manufacturing company, and began to transform the entire business through investment reallocation and acquisitions.
Since taking over he’s helped TII’s share price grow 13x.
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* Bank Of India acquires over 6 % stake in CCIL IFSC.
The entity will act as a clearing house and system operator at GIFT City.
The foreign currency settlement system is expected to help develop the GIFT City ecosystem further by enabling and promoting a greater number of use cases within the IFSC.
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* International Archives Day is celebrated on 09th June.
During the 2004 International Congress in Vienna, 2000 attending participants adopted a resolution requesting that the United Nations to designate a specific day to mark the importance and value of archives.
Later in 2007, at the Annual General Meeting of International Council on Archives, it was decided that 9th of June 9th would be celebrated as International Archives Day.
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* SpaceX starship completes 1st full flight with successful soft splashdown.
SpaceX’s Starship rocket has completed its first-ever full flight, after surviving re-entry in a breakthrough for the prototype system that may one day send people to Mars.
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* Indian Army launches Integrated Generator Monitoring, Control System 'Vidyut Rakshak'.
Vidyut Rakshak has been developed by Major Rajprasad R S and was displayed recently during the 'Exercise Bharat Shakti' and was witnessed by Prime Minister Narendra Modi, the Army said.
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* International Level Crossing Awareness day is celebrated on 06 June.
The first European Level Crossing Awareness Day was held on June 25th, 2009 with participation in 28 countries, and has since expanded with participation in over 40 countries worldwide.
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* USA Conducted Operational Test Launch of Minuteman III ICBMs.
The United States conducted an operational test launch of an unarmed Minuteman III intercontinental ballistic missile on Tuesday from the Vandenberg Space Force Base in California, the space force base has said.
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* NITI Aayog launched initiatives under Atal innovation mission to Foster innovation.
The aim is to stimulate a problem-solving innovative mindset within the children of the ATL and nearby communities. Till date, AIM has established 10,000 Atal Tinkering Labs in Schools across the country.
Atal Incubation Centres or AICs are business incubators established by AIM at universities, institutions and corporates to promote innovation and entrepreneurship among young innovators of the country.
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* CII estimates India's GDP to grow at 8% in 2024 inflation likely to remain within RBI is 4% target.
Puri was at an event organised by the industry body on Thursday. The event was focused on the country's Economic Growth Outlook and the key reform priorities for the country. It also highlighted the industry expectations from the Union Budget.
CII also showed confidence in the government's ability to manage inflation. The trade organisation noted that inflation is expected to remain close to the range of 4 and 4.5 percent in 2024.
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* India to maintain 6.5 to 7% Y-o-Y GDP Growth between FY26 and FY30.
Corporate capital expenditure recovery is expected to pick up now that elections are over, with visible data impacts from FY26, it said.
On the other hand, Jain said the monthly inflation forecast suggests that inflation could be lower than the RBI’s forecast of 4.5 per cent for the full year.
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* Indian Firms among World's Top 100 most valuable brands in Kantar BrandZ 2024 report.
The cumulative brand value of all Indian brands on the Top 100 list is over $130 billion.
In 2023, TCS was in the 42nd spot, followed by HDFC Bank (56), Infosys (66) and Airtel (76).
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* SEBI bags 'Best Conduct of Business Regulatory' award in Asia Pacific by the Asian banker.
SEBI has been actively working towards instantaneous settlement. In 2021, T+1 settlement was introduced in a phased manner, which was fully implemented from January 2023.
This move has provided investors with faster access to their funds following trade execution and settlement, enhancing market efficiency and liquidity," The Asian Banker said in a statement.
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* Indian Army gets its 1st Batch of 1st Indigenous LM Nagastra-1 with Reusable Technology.
Nagastra-1 can neutralise any hostile threat using a GPS-enabled precision strike when it is in the Kamikaze mode, with achieving an accuracy of 2 metres.
As the first weapon of its kind made entirely of indigenous materials, Nagastra-l can hover in midair and strike its target as soon as it approaches.
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* Sagar Defence Engineering Secures Contract from DRDO to Develop Cutting-Edge ULUAVs.
The development of an Underwater Launched Unmanned Aerial Vehicle (ULUAV) by Sagar Defence Engineering Pvt. Ltd., designed to launch autonomously from a moving submarine, featuring high endurance and long range to provide a significant element of surprise.
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* Lal, Mursan & Hilsa are Craters on Mars named after Towns of Bihar and UP and Indian Physicist.
Mursan is named after a town in Uttar Pradesh's Hathras district, and Hilsa after a town in Bihar's Nalanda district.
'Lal' - the largest - spans around 65km. It is covered with lava, but there is geophysical evidence of material other than lava in this crater with a 45m thick sedimentary deposit in the subsurface.
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* World Blood Donor Day is celebrated on 14th June.
This years marks the 20th year of World Blood Donor Day (WBDD) after it was first organised in 2004, by the World Health Organization (WHO) and our partners at the International Federation of Red Cross and Red Crescent Societies, the International Federation of Blood Donor Organizations and the International Society of Blood Transfusion.
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* Assam Launches 'Mukhya Mantri Nijut Moina' Scheme to Promote Girl Education.
The scheme is expected to cover around one million girl students and cost the exchequer Rs.300 crore in the first year and around Rs.1,500 crore over a five-year period.
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* In WEF's Global Gender Gap Index 2024, India Ranked 129th and Iceland on top.
With regard to parity in the number of years with female/male heads of state for the last 50 years, India was ranked 10th.
The WEF said the world has closed 68.5 per cent of the gender gap, but at the current pace it will take another 134 years -- equivalent to five generations -- to achieve full gender parity.
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* JIMEX 24, 8th Japan-India Maritime Exercise Commenced in Japan.
The exercise also reaffirms their shared commitment towards maritime security in the Indo-Pacific region.
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* Motilal Oswal AMC Introduced Nifty India Defence index. India's Index Fund Investing in Defence Stocks.
The Motilal Oswal Nifty India Defence Index Fund requires a minimum application amount of Rs 500, with subsequent investments allowed in multiples of Re 1.
This scheme caters to investors aiming for returns aligned with the performance of the Nifty India Defence Total Return Index, with consideration for tracking error, and those pursuing long-term capital growth.\
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* Chandrababu Naidu Sworn-in as 18th CM of Andhra Pradesh and Pawan Kalyan as Deputy CM.
Pawan Kalyan, the Pithapuram MLA, is widely credited with stitching the NDA alliance of TDP, BJP and Janasena together, which swept up 164 of the 175 Assembly seats in the state and 21 of the 25 Lok Sabha seats, in the process routing the incumbent YSRCP government which was led by YS Jagan Mohan Reddy.
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* Harsh Pati Singhania Elected as First Vice Chair of International Chamber of Commerce.
Singhania's past roles include President of ICC-India, the Federation of Indian Chambers of Commerce and Industry (FICCI), and the All India Management Association (AIMA), among others.
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* FICCI Announced the Appointment of Jyoti Vij as its DG.
On Vij's appointment, FICCI president Anish Shah said, "We are delighted to welcome Jyoti Vij in her new role. Her thought leadership, strengths in policy formulation, people skills and long experience in the organisation will add immense value to FICCI."
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* International Albinism Awareness Day is observed on June 13.
International Albinism Awareness Day (IAAD) is organized annually on June 13th to raise awareness of albinism.
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* Pixxel, Sarvam AI, Nirmai Health Analytix among 10 indian startups in WEF's technology pioneer 2024 list.
The 100 Technology Pioneers include startups from 23 countries, with a third led by a woman chief executive.
There are nine space companies, including Pixxel from India, four neurotechnology startups, and four working in the area of clean technology, including Amperehour and International Battery Company from India.
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* CCI approves Acquisition of Global Infrastructure Management, LLC by Blackrock Funding, Inc.
BlackRock Funding, Inc. (BFI), a newly formed subsidiary of BlackRock Inc., will purchase the entirety of GIM's interests.
BFI, a wholly owned subsidiary of BlackRock Inc., was established specifically for this strategic acquisition and does not have independent operational activities.
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* India to Host FIH Hockey Men's Junior World Cup in 2025.
The last edition of the tournament was held in Kuala Lumpur in 2023 with Germany emerging winners with a 2-1 win over France. Spain and India took the third and fourth places respectively.
India have, in the past, hosted the tournament three times in 2013 (New Delhi), 2016 (Lucknow) and 2021 (Bhubaneswar). India were the winners of the 2016 edition as well.
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* Padma Shri Awardee & Renowned Sarod Maestro Rajeev Taranath Passed Away on 11th June.
Taranath's contributions were not limited to performances. He was recognized for his pioneering influence in South India and honored with the Chowdiah Memorial Award (1998), the Sangeet Vidhwan Award (2018), and the Nadoja Award (2019) in Karnataka.
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* Malawi Vice President Saulos Chilima Dies in Plane Crash.
Mr Chakwera said he was "deeply saddened and sorry" to inform Malawians of the terrible tragedy.
He said the rescue team found the aircraft completely destroyed.
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* IMD & ONAMET of Dominican Republic Signed MoU to Enhance Meteorological Capabilities.
Ambassador Abbagani highlighted the importance of this partnership for fostering cooperation in early warning systems and enhancing weather prediction capabilities.
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* India Ranks 176 out of 180 Countries in Environment Performance Index 2024.
In areas like solid waste management, forests, and agriculture, India showed relatively better performance.
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* Karnataka Bank Launched KBL WISE Senior Citizen Savings Account.
The Bank has partnered with Care Health Insurance Co, a leading Health Insurance player and MediBuddy, one of India's largest Digital Healthcare platform to bring together the proposition on the Health and Wellness front.
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* PFRDA Selected NEC Corp India Private Limited as System Integrator.
In April this year, PFRDA had shortlisted four bidders for technical evaluation to select a SI.
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* Neobanking Startup Jupiter Money Receives Final Approval from RBI for issuance of PPI.
Customers can operate a risk-free account and use the app for UPI and similar transactions only, Gupta added.
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* Kotak Mahindra Bank Insurance Collaborates with Mahindra Finance to Offer Life Insurance Products.
Raul Rebello of Mahindra Finance said, “We are delighted to enter into this strategic collaboration with Kotak Life to offer life insurance solutions to our customers.”
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* Cyril Ramaphosa Re-elected as President of South Africa for 2nd Term.
Ramaphosa called the deal a “new birth, a new era for our country” and said it was time for parties “to overcome their differences and to work together”.
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* Reliance JPL JV Orbit Connect India Received Approval from IN-SPACe to Launch Satellite Internet in India.
This development comes amid attempts by Elon Musk’s Starlink and Amazon to receive similar approvals for satellite communication services.
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* World Elder Abuse Awareness Day is overserved on June 15th.
As we come together to observe WEAAD, let us reaffirm our commitment to safeguarding the rights and dignity of older persons, ensuring that no one is left behind, especially in times of crisis.
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* Karnataka becomes 1st State to give RS 1 Cr Accident Insurance Compensation; KSRTC distributes RS 1 Cr to Employees Dependents.
He also distributed Rs 10 lakh each to the dependents of four passengers who died in accidents while travelling in KSRTC buses.
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* ASEAN Dengue Day is observed on June 15th.
Dengue affected several ASEAN countries, with report of increasing in the number of cases in Cambodia in 2019, and then in Indonesia, Singapore and Thailand in 2020 while continually affecting other ASEAN countries like Vietnam and Philippines.
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* India stands at 116th Rank out of 163 countries in Global Peace Index 2024, Iceland Tops the list.
The Global Peace Index (GPI) measures the state of peace across three key domains: social safety and security, ongoing domestic and international conflict, and militarisation, which contribute to a nation’s overall level of peace.
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* Alpana Killawala Authored a Memoir titled 'A Fly on the RBI Wall'.
A Fly on the RBI Wall is a repository of anecdotes from Alpana’s time at the RBI—a no-holds-barred account of her journey at the nation’s central bank.
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* India Develops 4% of global antibacterial Agents.
First released in 2017, this WHO annual report evaluates whether the current R&D pipeline properly addresses infections caused by drug-resistant bacteria most threatening to human health.
The aim is to steer antibacterial research and development to better counter the ever-growing threat of antimicrobial resistance (AMR).
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* Gautam Adani Meets Bhutan PM Tshering Tobgay; Signed MoU to Establish 570 MW Hydroelectric Plant.
Adani also met with Bhutan King Jigme Khesar Namgyel Wangchuck and felt inspired by the King's vision for Bhutan and the eco-friendly master plan for Gelephu Mindfulness City.
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* MEA & SBI Signed MoU to enhance Digital Payment Services for Users eMigrate Portal.
Additionally, the portal includes a mechanism for the voluntary registration of emigrants holding ECNR (Emigration Check Not Required) category passports who are seeking employment overseas.
"Signing of this MoU would further facilitate and enhance the ambit of safe and legal migration of Indian migrant workers" said the Ministry.
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* Sahitya Akademi Announced Yuva Puraskar, Bal Sahitya Puraskar for 2024.
The Yuva Puraskar is given for 10 poetry books, seven short story collections, two article collections and one essay collection, one novel, one ghazal book and one memoir.
Other winners of the youth award include Nayanjyoti Sarma (Assamese), Sutapa Chakraborty (Bengali), Self Made Rani Baro (Bodo) and Heena Choudhary (Dogri).
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* Wildlife Filmmaker Shri Subbiah Nallamuthu Won V. Shantaram LIfetime Achievement Award at 18th MIFF.
Shri Subbiah Nallamuthu has won several national and international awards including the five National Film Awards. He is a regular jury member of the Jackson Hole Wildlife Film Festival and has also served as the jury chairman of the Indian Panorama Film Festival (2021).
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* Former Odisha Governor Murlidhar Chandrakant Bhandare Passed Away on June 15 at the age of 95.
A senior Congress leader from Maharashtra, Bhandare was a member of Rajya Sabha having been elected in June 1980 and re-elected in April 1982 and April 1988.
He was chairman of various committees of the Parliament and visited USA, UK, USSR, Germany and several other foreign countries.
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* Srinivasa Hegde, Former ISRO Scientist & Mission Director of Chandrayaan-1, passed away.
With an undergraduate degree in B.Tech from the National Institute of Technology Karnataka (NITK), Surathkal, Hedge pursued his postgraduate from IISc in Bengaluru.
Chandrayaan-1, the space mission headed by Hegde played a crucial role in the discovery of water molecules on the Moon surface.
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* Alia Bhatt Launches Her Debut Children's Book Titled 'Ed Finds a Home'.
The Adventures of Ed-a-Mamma: Ed Finds a Home is a heartwarming tale of a dog meeting a little girl called Alia.
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* International Day of Family Remittances is Celebrated on June 16
The International Day of Family Remittances (IDFR) highlights the economic impact of this money on households, communities, and nations, and recognises the sacrifice, separation and generosity often involved.
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* World day to Combat Desertification and Drought is Observed on June 17.
This year, the theme of the Desertification and Drought Day “United for Land. Our Legacy. Our Future” spotlights the future of land stewardship — our most precious resource to ensure the stability and prosperity of billions of people around the world.
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* HAL receives RFP from MoD for 156 light combat helicopters worth Rs 45000 crores.
HAL has notified that a RFP has been issued to the company by the MoD for procurement of 156 LCH Prachand or Light Combat Helicopters (90 for Indian Army and 66 for Indian Air Force).
As on March 31, 2024, HAL's order book stood in excess of Rs 94,000 crore with additional major orders expected during FY 2024-25, the company had said on April 1.
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* IFC commits $105 million in Brookfield’s 500 MW solar project.
The International Finance Corporation (IFC) has committed to invest $105 million to partially finance a 550 MW solar power project.
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* RBI Cancels Purvanchal Cooperative Bank’s Licence.
The RBI has cancelled Purvanchal Co-operative Bank's licence due to insufficient capital and unsustainable financial prospects.
In case of City Cooperative Bank, it bears recalling that one of the largest urban cooperative banks of India-Cosmos Cooperative Bank had submitted revised amalgamation cum merger proposal to RBI on 5th October 2023 but to no avail.
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* Fitch Ratings raises India's 2024/25 GDP forecast to 7.2%.
The ratings agency has also raised its world growth forecast for 2024 to 2.6% from 2.4% earlier as confidence in European recovery prospects improve.
China's export sector revives and domestic demand in emerging markets excluding China shows stronger momentum.
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* Siddhesh Sakore, Farmer From Maharashtra, Named Land Hero By UN Agency.
On the occasion of World Desertification and Drought Day, the UNCCD announced the names of 10 Land Heroes in a programme in Bonn, Germany, on Sunday.
Engaging youth in land restoration can create the estimated 600 million jobs needed in the next 15 years, contributing to both economic growth and environmental sustainability, it added.
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* ISRO Partners with Manav Rachna University, Establishing New Milestone with GNSS Receiver Deployment.
A distinguished team of NARL-ISRO scientists, including Dr. Nirvikar Dashora and Himanshu S. Sethi, oversaw the installation of the GNSS infrastructure.
The GNSS receiver at MRU is integrated into the NARL North-South chain of receivers, contributing to critical studies on weather, climate, space weather, and planetary ionospheres.
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* Ukraine Launches World’s 1st Unmanned Systems Forces.
Ukrainian President Volodymyr Zelenskyy’s vision, announced in February, became a reality on June 11 with the formal launch of this groundbreaking military branch.
Speaking at the ceremony in Kyiv, Deputy Minister of Defense Ivan Havryliuk hailed the establishment of the USF as a key moment, not just for Ukraine but potentially for international military cooperation.
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* Sumit Nagal finishes runner-up at ATP Perguia Challenger.
But the Indian was no match for his Italian opponent, having his serve broken six times. On the other hand, Darderi was lethal on his serve with 96% first serve points won (22/23) and 36% (5/14) on the second.
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* GoI Introduced Rules for Offshore Minerals Ahead of the Auctions.
The new regulations come shortly before the Centre’s scheduled launch of the inaugural round of offshore mineral auctions.
Former Union Minister Pralhad Joshi had told Business Standard in March about plans to auction the first batch of offshore mineral blocks by June-July of this year.
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* India & Gambia Signed Extension of MoU on Governance Reforms for 5 Years.
This partnership aims to drive significant improvements in public service delivery in both countries, leveraging the strengths and experiences of each other to achieve more effective and efficient governance.
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* SDR Report says World Falling Behind on Environment, Health, and Hunger SDGs.
The report identified the tackling of hunger, the creation of sustainable cities and the protection of biodiversity on land and water as particular areas of weakness. Political goals like press freedom have also seen a “reversal of progress”.
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* Wartsila Launches World First Large Scale 100% Hydrogen Ready Engine Power Plant.
The 100% hydrogen-ready engine is expected to be available for orders in 2025, and available for delivery from 2026.
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* Virat Kohli Tops Kroll's 2023 Celebrity Brand Valuation Report with USD 228 Million.
World Cup winning former India captain MS Dhoni held onto seventh place with a brand value of $95.8 million, unchanged from 2022.
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* RBI Wins ' Risk Manager of the Year' award in 2024.
As part of its digital mission, the RBI also encouraged the use of AI and ML in key areas like infrastructure, payments, risk management, audit and analytics.
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* Globally Acclaimed Filmmaker Vinod Ganatra Becomes 1st Indian to Receive 'Nelson Mandela Lifetime Achievement Award' of South Africa.
Ganatra has already bagged 36 national and international awards, including the ‘Janakinath Gaur Award’ from Doordarshan for his children’s programme, ‘Baingan Raja.’
Ganatra has been invited to serve on the jury of over a 100 national, regional and international film festivals world over in the past three decades.
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* Ajith Kumar KK Named as MD and CEO of Dhanlaxmi Bank for 3 Years Tenure.
The bank will seek approval of the shareholders for the said appointment within the prescribed time period in accordance with the applicable provisions of the Companies Act, 2013 and SEBI regulations, it said.
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* Sankara Eye Foundation India Launches First-of-its-kind Innovation Lab for Eye Care in India.
Key research areas include the development of new diagnostic tools, surgical instruments, intraocular devices, telemedicine solutions, spectacles, and assistive technologies.
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* Cabinet approves development of Lal Bahadur Shastri International Airport, Varanasi.
The estimated financial outgo will be Rs. 2869.65 Crore for enhancing the passenger handling capacity of the airport to 9.9 million passengers per annum (MPPA) from the existing 3.9 MPPA.
The New Terminal Building, which encompasses an area of 75,000 sqm is designed for a capacity of 6 MPPA and for handling 5000 Peak Hour Passengers (PHP).
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* Federal Bank launches UPI-enabled RuPay Wave Credit Card.
Simple 2 click journey via the Fed Mobile application (Mobile Banking application).
10% cashback on the first five UPI transactions made using the Wave Credit Card.
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* New Postal Law ‘Post Office Act 2023’ Comes Into Effect.
In order to promote “maximum governance and minimum government,” no penal provisions have been prescribed in the Post Office Act, 2023, which comes into force today.
The newly enacted postal law provides a framework for prescribing standards for the addressing of items, address identifiers, and usage of postcodes.
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* Shri Chirag Paswan and Shri Ravneet Singh launch Website and Mobile App for World Food India 2024.
During his keynote address, Shri Chirag Paswan highlighted the vital role of the food processing sector in reducing agricultural wastage, promoting value addition, ensuring food security, and strengthening the supply chain from farm to fork.
The Government of India through its whole-of-government approach has placed a great emphasis on the holistic development of the value chain across the food & allied sectors and is working towards the goal of Atma Nirbhar and Viksit Bharat.
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* The Ministry of Skill Development and Entrepreneurship partners with Australian Government to energise Agriculture Sector of India with emerging skills.
Envisaged in March last year, the project came to fruition after an extensive process of consultation with experts, government organisations, research organisations, multilateral organisations, non-profit organisations, and industry associations.
The scoping study involved face-to-face consultations, virtual consultations with 89 experts from 64 organizations and a review of various government reports.
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* The Asian Development Bank (ADB) has approved a $170 million policy-based loan to improve India’s health system.
The Asian Development Bank (ADB) has approved a $170 million policy-based loan to improve India’s health system preparedness and capacity to respond to future pandemics.
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* SabPaisa Gets RBI Nod To Operate As A Payment Aggregator.
The New Delhi-headquartered bootstrapped startup claims to have grown its revenue 2X in the past two fiscal years
SabPaisa joins a small group of fintech startups including Infibeam Avenues, Razorpay, Mswipe and Pine Labs that have received the licence
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* Legendary Bharatanatyam dancer C.V. Chandrasekhar passes away.
Professor C.V. Chandrasekhar, an alumnus of Kalakshetra, was known for his uncompromising approach to art.
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* Bharti AXA Life Appoints Akhil Gupta As New Chairman.
The move comes at the time when Bharti AXA Life Insurance, now wholly owned by the Bharti Group, plans to shape its strategic direction.
The company is restructuring its efforts and developing comprehensive expansion plans, focusing on key markets and customer segments, introducing customer-centric products, and exploring strategic partnerships with distributors such as bancassurance and digital distribution.
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* Overview of PM Modi's Visit to Uttar Pradesh and Bihar from 18th to 19th 2024.
During the event, the Prime Minister will grant certificates to more than 30,000 women from self-help groups (SHGs) Krishi Sakhis.
So far, more than 11 crore eligible farmer families have received benefits of more than Rs. 3.04 lakh crore under PM-KISAN.
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* DGCA Extended Licence of Maharishi Valmiki International Airport of Ayodhya.
Airport Director Vinod Kumar has expressed gratitude to the DCGA authorities for extending the licence of the airport.
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* India Ranked 63rd & Sweden Tops in WEF's Energy Transition Index 2024.
Taking note of various initiatives taken in India, the World Economic Forum (WEF) said the country is leading the way in creating outcomes that can be replicated elsewhere.
It said the governments can also consider creating awareness and policy interventions, such as guidelines for energy-efficient built infrastructure and incentives for retrofitting, to shape an enabling environment for accelerated adoption.
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* NSE Launches Nifty India Tourism Index to Track Travel & Tourism Stocks.
The index comprises 17 stocks including the likes of InterGlobe Aviation (Indigo), Indian Railway Catering and Tourism Corporation (IRCTC), Easy Trip Planners, GMR Airports Infrastructure, Devyani International, Jubilant.
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* International Day of Yoga is Celebrated on June 21.
The International Day of Yoga aims to raise awareness worldwide of the many benefits of practicing yoga.
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* RBI Cancels City Co-operative Bank's Licence Over Inadequate Capital.
Giving details, RBI said the Mumbai-based cooperative bank does not have adequate capital and earning prospects.
Consequent to the cancellation of its licence, The City Co-operative Bank has been prohibited from conducting the business of 'banking' which includes, among other things, acceptance of deposits and repayment of deposits.
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* WestBridge Capital Sells 1.75% Stake in AU Small Finance Bank for Rs 845 Crore.
After the stake sale, the shareholding of WestBridge Capital in the AU Small Finance Bank has declined to 2.07 per cent from 3.82 per cent.
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* Autistic Pride Day is celebrated on June 18.
This is a day to celebrate the gifts people with autism give to the world. It's also a good time to take a look at some common signs of autism.
The day also promotes a sense of pride, empowerment, and solidarity within the autistic community, aiming to create a more inclusive and accepting society for all.
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* International Picnic Day is celebrated on 18 June.
Over time, the term evolved to mean a social gathering where each attendee contributes a dish, and these gatherings began to take place outdoors.
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* Army Hospital (R&R) Delhi Launches First-of-its-Kind Skin Bank Facility for Armed Forces.
By establishing this facility, the armed forces are ensuring that personnel and their families have access to the most advanced skin replacement therapies, they said.
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* Neeraj Chopra Secures Gold in the Javelin Throw in Paavo Nurmi Games 2024.
However, the disappointment was not for long as the world champion returned with 85.97m throw in his third attempt and was leading the fray again.
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* GM Arjun Erigaisi Wins Stepen Avagyan Memorial RR Tournament 2024, Achieves His Career-Best Rank.
With four wins and as many draws in eight rounds, Arjun accounted for 9 Elo rating points; his live rating of 2779.9 took him to world no. four behind Magnus Carlsen of Norway, USA’s Hikaru Nakamura and Fabiano Caruana.
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* Government to Partially Implement New Telecommunications Act from 26th June 2024.
According to the notification, the government may take control of the telecom services on the grounds of security, public order, or prevention of offences.
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* DoPT Announced New Criminal Law Effective from 1st July, 2024.
This move is to ensure that all relevant personnel are adequately prepared and knowledgeable about the new legal changes before they are enforced.
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* India Becomes Third-Largest Domestic Aviation Market.
Low-cost carriers accounted for 78.4% of the domestic airline capacity in India in the month of April, the highest of the five markets that OAG studied.
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* IUCN Changes Iberian Lynx's Status to 'Vulnerable' from 'Endangered' on its Red List of Threatened Species.
Conservation efforts for the iconic feline have mainly focused on increasing its prey presence: primarily the European rabbit, which currently faces a 70% decline in its population.
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* BharatPe, Invest India Collaborated to Promote Financial Inclusion among ODOP Producers.
ODOP is seen as a transformational step towards realizing the true potential of a district, fueling economic growth, generating employment and rural entrepreneurship, in turn taking us closer to the goal of Atmanirbhar Bharat.
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* SAMEER, MeitY and MCTE, Indian Army forge strategic partnership for technological advancement.
This initiative marks a significant milestone in strengthening the Indian Army's technological capabilities which is aligned towards declared vision for 2024 as ‘Year of Technological Absorption for Indian Army’ by Chief of Army Staff.
Today's MoU signing is expected to reinvigorate this collaboration, with plans to establish an ‘Advanced Military Research and Incubation Centre’ at MCTE. This centre aims to focus on Advanced Wireless Technologies for the Indian Army.
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* Ministry of Education notifies seven-member panel to reform process of competitive exams.
The committee will be headed by former ISRO chief K. Radhakrishnan. The panel will be ensuring transparent, smooth and fair conduct of examinations.
It added that the committee will submit its report to the ministry within two months.
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* IRM India Affiliate Licenses Sri Sri University (SSU) to Setup India’s First and East India’s Only Global Centre for Enterprise Risk Management.
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* IRM India Affiliate Licenses Sri Sri University (SSU) to Setup India’s First and East India’s Only Global Centre for Enterprise Risk Management.
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* External Affairs Minister (EAM), Dr. S. Jaishankar paid an official visit to Sri Lanka on 20 June 2024.
In a testament to the comprehensive and people-centric nature of India-Sri Lanka development cooperation, President Wickremesinghe and EAM jointly handed over 48 houses under Model Village Housing Project in Colombo and Trincomalee districts.
Interaction of EAM with the leadership of the Government of Sri Lanka provided an opportunity to review and accelerate progress in the multifaceted India-Sri Lanka partnership.
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* Israel and Hamas placed on UN list for violating children's rights.
The UN verified more than 8,000 grave violations against 4,247 Palestinian children and 113 Israeli children in 2023, the report said.
But verification is ongoing with thousands of reports about children dead and injured still needing to be checked.
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* Bharat 6G Alliance Signed MoU with 6G-IA of Europe & 6G Flagship of Oulu University, Finland to Drive 6G Innovations.
These strategic partnerships are important steps on this journey towards achieving India's vision of empowering society through sustainable and advanced telecommunications while contributing to the global 6G ecosystem.
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* The capital city Srinagar has been officially recognised as a “World Craft City” by the World Crafts Council (WCC).
UNESCO-affiliated World Crafts Council takes note of Srinagar’s varied crafts like papier-mache, hand knotted carpets, pashmina.
Indian National Trust for Art and Cultural Heritage (INTAC) convener in Jammu and Kashmir, Saleem Beg, said the international jury of the WCC were surprised by the art and crafts of the region.
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* New Freshwater Diatom Genus Discovered From The Eastern & Western Ghats.
Diatoms are microscopic algae that play a crucial role in our everyday lives by producing 25 per cent of global oxygen, approximately every fourth breath of oxygen we inhale. They serve as a base of the aquatic food chain. Due to their sensitivity towards any water chemistry changes, they are excellent indicators of aquatic health.
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* New Plant Species Discovered in Arunachal Pradesh.
This new species, Petrocosmea arunachalense, is expected to attract significant attention from botanists and researchers globally, further establishing Arunachal Pradesh as a critical area for botanical research and conservation.
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* Ministry of Women and Child Development Launches 100-Days Special Awareness Campaign on Women Empowerment.
The workshop marks the commencement of a nationwide 100-days awareness campaign focused on women-centric issues, scheduled from 21st June to 4th October 2024.
This campaign aims to amplify awareness and outreach on women empowerment, encompassing enrolment drives and educational sessions nationwide.
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* Ministry of Women and Child Development Launches 100-Days Special Awareness Campaign on Women Empowerment.
The workshop marks the commencement of a nationwide 100-days awareness campaign focused on women-centric issues, scheduled from 21st June to 4th October 2024.
This campaign aims to amplify awareness and outreach on women empowerment, encompassing enrolment drives and educational sessions nationwide.
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* ICICI Bank launches ‘SmartLock’ for enhanced account security.
Customers can easily access ‘SmartLock’ by logging into iMobile Pay, selecting the feature, choosing the services to lock or unlock, and swiping to confirm.
iMobile Pay is available for download on the Google Play Store and Apple App Store, and it allows users from any bank to link their accounts, generate a UPI ID, and start transacting.
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* India ranks 6th amongst the top 9 DeepTech ecosystems globally.
India now has 3600 DeepTech Startups including 500 Inventive Startups and received $850 million funding in 2023.
Positioning India amongst the top 3 DeepTech ecosystems globally will require focussed approach across Policy, Patient Capital, IP, Procurement and R&D infrastructure.
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* Atul Kumar Chaudhary appointed by the Government as TRAI Secretary.
Chaudhary is an Indian Telecom Service (ITS) officer deputed to the foreign service for two years.
With V Raghunandan’s departure on May 31, the government appointed Atul Kumar Chaudhary as the next Secretary of the Telecom Regulatory Authority of India (TRAI).
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* U.P. readies world’s 1st conservation centre for Asian King vultures.
Uttar Pradesh to open world's first Asian king vulture conservation and breeding centre in Maharajganj to save critically endangered species.
The centre is named Jatayu Conservation and Breeding Centre, where 24x7 monitoring of the vultures is being done. Among its staff include a scientific officer and a biologist.
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* The United Nations observes 23 June as International Widows Day.
The United Nations observes 23 June as International Widows Day (resolution A/RES/65/189) since 2011, to draw attention to the voices and experiences of widows and to galvanize the unique support that they need.
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* China-France launches SVOM Satellite for Gamma-Ray Burst Study.
The 930-kilogram satellite carrying four instruments -- two French, two Chinese -- took off around 3:00 pm (0700 GMT) aboard a Chinese Long March 2-C rocket from a space base in Xichang, in the southwestern province of Sichuan.
Gamma-ray bursts generally occur after the explosion of huge stars -- those more than 20 times as big as the sun -- or the fusion of compact stars.
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* 23 June is observed as Olympic Day worldwide.
The first Olympic Day was celebrated on 23 June 1948. On this occasion, Sigfrid Edström, IOC President at that time, conveyed a message to the young people of the world. Portugal, Greece, Austria, Canada, Switzerland, Great Britain, Uruguay, Venezuela and Belgium organised an Olympic Day in their respective countries.
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* The UN General Assembly designated 23 June as Public Service Day.
On 20 December 2002, the General Assembly designated 23 June as Public Service Day by adopting resolution 57/277.
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* Amit Shah Inaugurates ‘Fast Track Immigration Trusted Traveller Programme’ At Delhi IGI Airport.
The FTI-TTP aims to simplify and secure international travel by developing world-class immigration facilities through an expedited pathway for international travellers screened via automated e-Gates.
The launch of this programme is a key part of the ‘Viksit Bharat @2047’ agenda, reflecting the Modi government’s commitment to enhancing travel efficiency and convenience.
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* The 50th G7 summit was held from 13 to 15 June 2024 at Borgo Egnazia in the city of Fasano in Apulia, Italy.
Prime Minister Giorgia Meloni announced in November 2023 that Fasano would be the headquarters of the G7.
Italy, coinciding with its G7 presidency in 2024, emphasized strategic partnerships with Africa.
This was the first time that a Pope has attended a G7 summit.
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* Muthoot Microfin secures IRDAI licence to offer insurance products.
Muthoot Microfin stock rose 2.17 per cent to trade at ₹248.16 as of 2.18 pm on NSE.
Muthoot Microfin has secured a corporate agent licence from the Insurance Regulatory and Development Authority of India (IRDAI).
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* India's FY24 CAD narrows to 0.7% of GDP from 2% in FY23, records surplus of 0.6% in Q4.
Foreign portfolio investment experienced a net inflow of $44.1 billion in FY24 compared to a net outflow of $5.2 billion in FY23.
Meanwhile, net FDI inflow dropped to $9.8 billion in FY24 compared to $28 billion in FY23.
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* The Centre on Monday announced a one-year extension for Intelligence Bureau director Tapan Kumar Deka until June 30, 2025.
In June 2022, Deka was appointed as the chief of the domestic spy agency IB for two years after the tenure of incumbent Intelligence Bureau Director Arvind Kumar ended on June 30, 2022.
Deka has spent most of his career in the Intelligence Bureau.
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* Frank Duckworth, co-inventor of DLS method, dies at the age of 84.
Duckworth and Lewis were both awarded MBEs (Member of the Order of the British Empire) in June 2010.
The DLS method is based on a complex statistical analysis that considers many factors like wickets remaining and overs lost, among others, to set a revised target for the team batting second.
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* MoD to collaborate with SpacePixxel Technologies Pvt Ltd for design & development of miniaturised satellite capable of carrying multiple payloads up to 150 kgs for Indian Air Force.
This 350th iDEX contract enables innovation in space electronics, wherein many payloads earlier deployed on dedicated large satellites are now being miniaturised.
The modular small satellite will integrate multiple miniaturised payloads as per requirement, providing advantages like faster and economical deployment, ease of manufacturing, scalability, adaptability, and less environmental impact.
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* ISRO successfully conducts 3rd and final landing experiment of Reusable Launch Vehicle ‘Pushpak’.
The winged vehicle, 'Pushpak', was released from an Indian Air Force Chinook Helicopter at an altitude of 4.5 km on Sunday.
As a result of this mission, the sophisticated guidance algorithm addressing longitudinal and lateral plane error corrections, vital for future Orbital Re-entry Missions, has been authenticated.
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* The International Day against Drug Abuse and Illicit Trafficking, or World Drug Day, is marked on 26 June every year .
Central to addressing this challenge is the imperative to adopt a scientific evidence-based approach that prioritizes prevention and treatment.
This year’s World Drug Day campaign recognizes that effective drug policies must be rooted in science, research, full respect for human rights, compassion, and a deep understanding of the social, economic, and health implications of drug use.
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* The UN International Day in Support of Victims of Torture is observed on 26 June.
The United Nations has always condemned torture as one of the most heinous acts perpetrated by man against man.
The observance serves as a call to action for all stakeholders including UN Member States, civil society, and individuals everywhere to unite in support of the hundreds of thousands of people around the world who have been victims of torture and those who are still tortured today.
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* Ministry of External Affairs (MEA) commemorated the 12th Passport Seva Divas on 24 June 2024.
He also presented the Passport Seva Puraskars for the best performing Passport Offices and Passport Officers, the officials of the Central Passport Organisation, State Police organizations along with personnel of the Service Provider.
MEA has so far operationalised an expansive network of 440 Post office Passport Seva Kendras.
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* Mazagon Dock Shipbuilders receives ‘Navratna’ Status.
"The elevation to Navratna status is a testament to MDL's rich heritage and unwavering commitment to excellence," said Chairman and Managing Director (CMD) of MDL.
MDL has achieved this feat owing to its strong legacy of technical proficiency in warship and submarine building and a workforce with professional diligence, innovation and performance that has elevated the growth of the company to new heights.
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* PM Narendra Modi meets US NSA Jake Sullivan in Delhi.
After the meeting, PM Modi wrote on X that India is committed to further its global strategic partnership with the United States.
Jake Sullivan is touring India along with a high-level delegation comprising senior US government officials and industry leaders.
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* HDFC Bank launches digital investment platform SmartWealth.
SmartWealth caters to first-time investors, offering intelligent tools and personalised portfolio plans.
HDFC Bank has launched a new digital investment platform to take wealth services to every Indian and make investments simple and transparent.
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* Ministry of Education rolls out a nationwide campaign on Tobacco Free Educational Institutions (ToFEI).
Easy access to tobacco products in its different forms around our school buildings and campuses believed to be one of the major contributing factors causing the above situation.
As part of the National Tobacco Control Programme (NTCP), the Ministry of Health & Family Welfare, Government of India, has issued the Tobacco Free Educational Institution (ToFEI) Guidelines for safeguarding minors and youth from tobacco use.
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* Punjab & Sind Bank signs pact with Indian Army for salary account.
PSB Gaurav Bachat SB Salary account is exclusively designed to cater to the distinct banking requirement of serving and retired personnels.
The product is also strategically aimed to tap Agniveers enrolled in the Agnipath scheme, ensuring a comprehensive financial solution that aligns with distinctive needs of the segment.
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* Flipkart launches UPI app Super.money.
Flipkart launches super.money UPI app with real cashback rewards and seamless bank integration.
The app integrates with existing bank accounts, providing a smooth, secure payment experience and aims to democratize financial services.
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* K-pop group SEVENTEEN was appointed as UNESCO's inaugural Goodwill Ambassador for Youth at a ceremony in Paris.
They pledged a $1 million donation and launched a global campaign to support youth-led projects.
SEVENTEEN will be next performing at the Lollapalooza.
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* India's External Debt Rises to $663 Billion.
A significant portion of the debt increase can be attributed to the appreciation of the US dollar against the Indian rupee and other major currencies like the yen, euro, and Special Drawing Rights (SDR).
This currency valuation effect amounted to $8.7 billion. Excluding this factor, the actual increase in external debt would have been $48.4 billion instead of $39.7 billion.
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* GST rate rationalisation panel reconstituted with Bihar Deputy CM Chaudhary as convenor.
Chaudhary will replace Finance Minister of Uttar Pradesh Suresh Khanna.
Out of seven members GoM, four are from NDA and three from opposition-ruled States.
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* SBI General Insurance names Naveen Chandra Jha as new MD & CEO.
Shri Naveen Chandra Jha has almost three decades of expertise in the financial industry.
His concentration on entire business strategy, operations, budgeting, and strategic growth is ideally aligned with the company’s aim to be the market leader.
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* An aerial stem-parasitic flowering plant species discovered in Andaman and Nicobar Islands.
A team led by scientist Lal Ji Singh, discovered aerial stem-parasitic flowering plant species Dendrophthoe longensis from the Long Islands of middle Andamans.
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* The United Nations General Assembly designated 27 June 2024 as "Micro-, Small, and Medium-sized Enterprises Day" .
A human-centered approach is central to the evolving 'circular economy,' emphasizing the importance of individuals and communities in driving sustainable transformation.
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* Vienna, the capital city of Austria, was crowned the most liveable city in the world for third year running.
Vienna achieved perfect scores in four out of five categories, with its only slight deduction attributed to a perceived lack of major sporting events.
The EIU, an affiliate of The Economist, evaluated 173 cities globally across several key factors including healthcare, culture and environment, stability, infrastructure, and education.
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* RBI Revises Framework for Currency Swap With SAARC Countries.
The new window under this framework offers concessions to support swap in Indian rupees.
The total corpus for this support amounts to USD 3 billion.
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* RBI’s foreign gold reserves hit 6-year low, domestic reserves touch 53%.
RBI data shows an increase in domestic gold holdings since March 2022, concurrent with the beginning of the Russia-Ukraine war.
This decision is in line with central banks’ globally reacting with caution after the US froze Russia’s foreign currency assets in February 2022.
          ____________________________



* Andhra Pradesh Chief Secretary Neerabh Kumar’s tenure extended for six months.
The Chief Secretary’s tenure was extended by the Central government at the request of the State government.
Prasad was supposed to superannuate on June 30.
          ____________________________



* NewSpace India Limited (NSIL) and Space Machines Company announce the signing of historic Launch Service Agreement for next Optimus spacecraft onboard Small Satellite Launch Vehicle (SSLV).
At the India Space Congress 2024 held in Delhi, Rajat Kulshrestha, CEO and Co-Founder of Space Machines Company, and Mr. Radhakrishnan Durairaj, Chairman and Managing Director of NSIL, formally announced the signing of the Launch Service Agreement.
Through this agreement, NSIL and Space Machines Company emphasized their commitment to playing a significant role in space exploration.
          ____________________________



* CCI approves acquisition of certain equity shares of Sneha Farms Private Limited by Mitsui & Co., Ltd.
The Competition Commission of India (CCI) has approved acquisition of certain equity shares of Sneha Farms Private Limited (Sneha Farms /Target) by Mitsui & Co., Ltd. (Mitsui/Acquirer).
The proposed transaction relates to Mitsui’s proposed acquisition of certain equity shares of Sneha Farms by way of a combination of primary subscription and secondary purchase (Proposed Combination).
          ____________________________



* IBJA reconstitutes board for 2024-29 with Prithviraj Kothari as national chief.
Aspect Global Ventures’ Aksha Mohit Kamboj appointed the national vice-president.
Currently, Prithviraj Kothari is Managing Director of RiddiSiddhi Bullions Limited.
          ____________________________



* Bank of Baroda onboards Rising Indian Tennis Sensation Sumit Nagal as its Brand Endorser.
Bank of Baroda has appointed Indian tennis player Sumit Nagal as its brand endorser, reflecting the bank’s commitment to supporting emerging Indian athletes on the global stage.
In January 2024, he made history as the first Indian in 35 years to defeat a seeded player in a Grand Slam men’s singles match at the Australian Open.
          ____________________________



* Andhra CM launches NTR Bharosa pension.
Mr. Naidu called it the beginning of a fresh chapter in welfare. The YSR Congress Party (YSRCP) had made people’s lives miserable and caused a lot of trouble to the pensioners, he said.
The YSRCP government destroyed Brand AP, as a consequence of which entrepreneurs were scared to invest in the State.
          ____________________________



* Karnataka Assembly Passes Bill for Transport Workers' Welfare.
Bill extends welfare to garage, tyre shops, align units, like construction. Bill ensures equitable welfare benefits for diverse motor transport sector workers.
          ____________________________



* IMF's new AI Preparedness Index tracks 174 economies, including India.
IMF's AI Preparedness Index categorizes 174 economies, including India, into AE, EM, and LIC groups.
IMF's AI Index highlights India's position among 174 global economies
          ____________________________



* Axis Bank and Piramal Capital enter into a co-lending tie-up in 2022.
Housing Finance Company (NBFC-HFC) and wholly owned subsidiary of Piramal Enterprises Limited (PEL), announced a strategic partnership under the co-lending business.
          ____________________________



* MoHUA celebrates Transformative Milestones in Urban Development on the 9th Anniversary of AMRUT, Smart Cities Mission, and PMAY-U
During the media briefing, Additional Secretary Smt. D Thara and Joint Secretary Shri Kuldeep Narayan highlighted the progress of the AMRUT and PMAY-Urban missions.
Smt Thara emphasised on capacity building and involvement of women and youth in the implementation of AMRUT projects at the grassroots.
          ____________________________



* EPFO Reports 4% Drop in New Member Additions to 10.9 Million for 2023-24.
The new addition of subscribers increased under NPS to 937,020 in 2023-24 from 8,4,735 in 2022-23.
Hindi The gross addition of new members was 13,944,349 in 2018-19.
Hindi ESIC's new member additions decreased slightly to 16.76 million in 2023-24 from 16.77 million in 2022-23.
          ____________________________



* The New Prime Minister of Netherlands is Dick Schoof.
Schoof, a 67-year-old independent and former head of the Dutch Secret Service, was sworn in earlier on Tuesday by King Willem-Alexander at the royal Huis ten Bosch Palace in The Hague. He succeeds Mark Rutte, who is slated to become NATO’s next secretary-general later this year.
          ____________________________



* "Niti Aayog's Dr. V.K. Saraswat Introduces Rules for Using Steel Slag in Road Building"
Shri Nagendra Nath Sinha(IAS) said "Ministry of Steel Secretary, emphasizes steel industries thrive by maximizing their best materials".
Hindi India's first steel slag road at Hazira, Surat, using 100,000 tonnes of processed EAF steel slag aggregates in April 2022, gains global recognition.
          ____________________________



* BPCL Partners with Indian Olympic Association as Principal Sponsor from Paris 2024 to Los Angeles 2028.
This collaboration reflects BPCL's commitment to sports and its role in supporting national athletes.
BPCL will serve as the principal sponsor of the Indian Olympic team during this period.
          ____________________________



* SARS Commissioner "Kieswetter Re-elected Chairperson of WCO for Second Term.
The World Customs Organization (WCO) plays a crucial role in global trade by promoting efficient customs procedures.
The WCO's standards and policies are influential worldwide, facilitating secure and efficient movement of goods across borders.
          ____________________________



* "RBI joins 'Project Nexus' to make it easier and faster for people to pay for things across borders."
Nexus, led by BIS Innovation Hub, connects FPSs of ASEAN nations and India for instant cross-border retail payments.
BIS and Central Banks of founding countries (BNM, BOT, BSP, MAS, RBI) signed agreement on June 30, 2024 in Basel, Switzerland.
          ____________________________



* SBI Launches 'Sahaj': A Cutting-Edge Web-Based Digital Solution for MSME Invoice Financing.
The bank will offer the product through Yono digitally to existing customers, addressing MSME liquidity issues by unlocking instant cash flows.
Dinesh Kumar Khara, Chairman of SBI, described MSME Sahaj as designed to provide faster and easier finance for MSMEs via a digital.
          ____________________________



* C-DAC Teams with MosChip and Socionext to Develop High-Performance AUM Processor on Arm Architecture.
C-DAC collaborates with MosChip Technologies and Socionext Inc. on HPC Processor AUM.
It Integrates Arm's Neoverse™ V2 CPU platform and advanced packaging techniques.
          ____________________________



* PM releases three books on life of former vice president Venkaiah Naidu.
Venkaiah Naidu, several other leaders and prominent personalities attended the event in Hyderabad.
The book's titled "Venkaiah Naidu - Life in Service.
          ____________________________



* PM releases three books on life of former vice president Venkaiah Naidu.
Venkaiah Naidu, several other leaders and prominent personalities attended the event in Hyderabad.
The book's titled "Venkaiah Naidu - Life in Service.
          ____________________________



* The theme for National Doctors' Day 1st july 2024 in India is "Healing Hands, Caring Hearts.
The theme emphasises the dedication and compassion that doctors bring to their practice every day.
It highlights the important role they play in not only providing medical treatment but also offering comfort and care to their patients.
          ____________________________



* Celebrated Goods and Services Tax (GST) Day on 2024 1st July
Highlighting how GST has simplified tax compliance, reduced tax cascading, and promoted transparency across sectors.
GST unified India's tax system, creating a single market that removed interstate barriers and boosted operational efficiency.
          ____________________________



* National Chartered Accountant (CA) Day celebrated on 1st July 2024.
ICAI Celebrates 76th Year on Chartered Accountants Day 2024"
The Institute of Chartered Accountants of India (ICAI) was established in 1949 through a parliamentary act.
          ____________________________



* The Reserve Bank of India (RBI) has retained its FY25 real GDP growth and retail inflation projections at 7 percent and 4.5 percent.
          ____________________________



* LIC redesignates Chairman Siddhartha Mohanty as MD & CEO.
Mohanty's dual role emphasizes his pivotal role in driving LIC's strategic initiatives and navigating the evolving insurance landscape.
The redesignation aligns with regulatory requirements and internal governance norms within LIC.
          ____________________________



* Manoj Ahuja takes charge as Odisha's chief secretary, CEO Nikunja Bihari Dhal deputed to CMO.
Manoj Ahuja, a 1990-batch IAS officer of Odisha.
He would be the first chief secretary of the first Bharatiya Janata Party (BJP) government in Odisha led by chief minister Mohan Charan Majhi.
          ____________________________



* NQAS Assessment for AAMs, Dashboard for IPHS and Spot Food Licence Initiative for Food Vendors launched .
During the event, the Union Ministers conferred the virtually assessed health AAM-SC with the NQAS certificate.
NQAS for Integrated Public Health Laboratories (IPHL) was also released during the event.
          ____________________________



* Jitendra Singh Launches Bhuvan Panchayat 4.0 Portal and NDEM 5.0.
The minister congratulating team ISRO on the launch of Geoportals said “We have not only launched rockets and reached the sky but we are also mapping the earth from the sky”.
          ____________________________



* On 1st July MoHUA Ministry Launches Safai Apnao, Bimaari Bhagao Initiative.
Sanitation and sanitation facilities, adequate sampling of water quality, supply of safe drinking water, maintenance of water works, IEC and door-to-door awareness planning are included.
Aligning with Health Ministry's 'STOP Diarrhoea' campaign objectives.
          ____________________________



* MoD Signs MoU for Testing Facilities in Tamil Nadu Defence Corridor.
The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.
These facilities will provide advanced testing equipment and services to bolster self-reliance in defence for both government and private sectors.
          ____________________________



* Union Minister Shri G Kishan Reddy Launches NIRMAN Portal.
The Scheme will Provide a Support of One Lakh Rupees to Eligible UPSC Aspirants.
NIRMAN offers Rs 1 lakh to UPSC Prelims qualifiers from CIL's 39 districts, with family incomes under Rs 8 lakh, and belonging to SC/ST, female, or third gender categories.
          ____________________________



* International bag free day celebrated on 03 july 2024.
Global initiative to eliminate plastic bag reliance through sustainable solutions.
Reduce plastic bag use, promote sustainable alternatives.
          ____________________________



* World's journalist day is celebrated on 02 july 2024.
Journalist are honored for their important role in sports journalism.
Recognizing sports journalists for their dedication.
          ____________________________



* Renowned Albania’s world-renowned novelist Ismail Kadare dies at 88.
Ismail Kadare was a prominent Albanian novelist.
He faced repression under dictatorship.
          ____________________________



* 2 July 2024 ICICI Bank launches Student Saffiro Forex Card for Indian students.
The card offers exclusive benefits tailored to students' financial needs abroad.
Convenient access to multiple currencies with competitiveness.
          ____________________________



* Government keeps small savings schemes' rates steady for Q2FY25.
Interest rates on small savings schemes unchanged for Q2FY25.
          ____________________________



* World Bank Approves $1.5B for India's Low-Carbon Energy.
India aims for 500 GW renewable energy by 2030, net zero by 2070.India aims to improve energy efficiency across sectors for sustainability.
          ____________________________



* SEBI Raises Basic Demat Account Limit to Rs 10 Lakh to Boost Participation.
Eligibility for BSDA: Single demat account, one BSDA, securities ≤ Rs 10 lakh.BSDA holders are ineligible if they trade derivatives.
          ____________________________



* Bandhan Bank Customers Can Now Pay Direct Taxes Online.
Bandhan Bank enables seamless Direct Tax payments via multiple banking channels.Bandhan Bank's initiative facilitates convenient tax payments across diverse banking platforms.
          ____________________________



* MMRDA Signs Rs 850-Crore Urban Infra Financing Pact with German Bank KfW.
Funds from KfW and MMRDA enhance Mumbai's sustainable development initiatives.
KfW and MMRDA funds to enhance Mumbai's sustainability initiatives.
          ____________________________



* Antonio Costa of Portugal Elected President of European Council.
Elected by EU leaders for 2.5 years, renewable once, max 5 years tenure.
Antonio Costa replaces Belgium's Charles Michel and will take charge on October 1, 2024.
          ____________________________



* INDIAN NAVY BIDS FAREWELL TO UH – 3H HELICOPTER.
Vice Admiral Sameer Saxena led the farewell ceremony for UH-3H helicopter.
Veteran officers and sailors of the UH-3H squadron honored the event.
          ____________________________



* Manoj Bajpayee's biography explains why he is not considered a star despite his unique characters
Discussing his impact on Indian cinema and how his versatile performances have influenced younger actors.
          ____________________________



* Thales partners with Adani Defence for 70mm rocket production in India.
Thales emphasizes partnership with Adani for local rocket manufacturing, boosting India's defense capabilities.
Thales and Adani aim to strengthen India's defense manufacturing capabilities significantly.
          ____________________________



* Indian Army Heads to Thailand for Joint Exercise Maitree.
Indian Army joins Thailand for Exercise MAITREE from July 1-15, 2024, Fort Vachiraprakan, Thailand.
India-Thailand joint military Exercise MAITREE enhances bilateral defense cooperation and operational capabilities.
          ____________________________



* Smart Cities Mission Extended Till March 2025, Cities Granted Time to Finish Ongoing Projects.
States and cities have requested an extension for the remaining 10% of projects, which have been delayed due to on-ground conditions. They have also requested additional time to complete these projects in their final stages.
          ____________________________



* MoRD and MoMSME Forge Alliance to Boost SHG Women-Led Rural Enterprises.
MoRD and MoMSME collaborate to empower women-led rural enterprises via flagship schemes.
MoRD and MoMSME collaborate to empower women-led rural enterprises through flagship schemes.
          ____________________________



* Japan Unveils New Yen Banknotes with 3D Holograms Against Counterfeiting.
Discussion on how the introduction of new banknotes might impact the economy, including factors like consumer spending and confidence in currency stability.
Enhanced Security Features of new banknotes include advanced security features such as 3D holograms to combat counterfeiting effectively.
          ____________________________



* Hungary Takes Over Rotating Presidency Of EU Council For 6 Months.
Hungary aims to boost EU competitiveness during six-month Council presidency.
Hungary's presidency prioritizes economic growth, environmental sustainability, and cultural exchange.
          ____________________________



* NABARD Integrates Jan Suraksha Schemes Across 43 RRBs with Online PSB Loans.
NABARD and Online PSB Loans streamline Jan Suraksha across RRBs.
NABARD and Online PSB Loans MoU enhances rural insurance accessibility.
          ____________________________



* Gujarat Signs MoUs with IBM, Microsoft for AI Enhancement.
Gujarat partners with IBM, Microsoft, NASSCOM to boost AI technology. Gujarat aims to advance AI technology through collaborations with industry leaders.
          ____________________________



* L&T Metro Rail Hyderabad Wins Golden Peacock Award for Safety Excellence.
L&TMRHL honored with Golden Peacock for railway safety in Bengaluru conference.
Award ceremony at Bengaluru's environment conference honors L&TMRHL for safety.
          ____________________________



* Only for Two weeks justice BR Sarangi named Chief Justice of Jharkhand High Court.
Scheduled to retire on July 20, tenure just over two weeks. Justice Sarangi's appointment recommended by Supreme Court Collegium in December.
          ____________________________



* Army Inducts First-Ever Indigenous Chip-Based 4G Mobile Base Station.
Signalchip, the company behind the developed chip, has previously contributed to the Sahyadri LTE base stations, indicating expertise in advanced telecommunications infrastructure.
The deployment of these stations in Bangalore highlights initial testing and integration phases before potential wider deployment across military installations.
          ____________________________



* Anand Wins 10th Leon Masters title.
Argentina's Faustino Oro, 10, sets record; Anand, 54, triumphs. These achievements highlight the diversity and skill across different age groups in chess worldwide.
          ____________________________



* Robert Towne, Oscar-winning writer of ‘Chinatown,’ dies at 89.
His work shaped cinematic art, defining Los Angeles allure. He Passed away in Los Angeles home, surrounded by family.
          ____________________________



* "MoSPI Introduces eSankhyiki Portal for Streamlined Data Access and User Convenience.
The Data Catalogue module consolidates Ministry datasets for easy access, searchability, and download, featuring key national statistics such as National Accounts, CPI, and more.
          ____________________________



* "Mobile Number Portability Regulations 2024 Enforced from July 1.
Telecom Regulatory Authority of India (TRAI), on 14th March, 2024, issued the Telecommunication Mobile Number Portability (Ninth amendment) Regulations, 2024, which will come into force on 1st July 2024.
          ____________________________



* "MOSPI Establishes Panel to Revise India's GDP Calculation Base Year"
The committee, per a gazette notification, advises on compiling National Accounts Statistics, emphasizing seasonal adjustment of quarterly accounts and promoting related research.
          ____________________________



* "India Tops $120 Billion in Remittances for 2023 led by US Inflows.
India received the highest remittances in 2023, which was twice as much as what Mexico received at $66 billion.
          ____________________________



* FATF adopts Mutual Evaluation Report of India in its June 2024 Plenary held in Singapore.
India's positive FATF Mutual Evaluation boosts economic stability, global market access, investor confidence, and UPI expansion.
FATF recognition highlights India's strong financial safeguards and leadership in combating terror financing and money laundering globally.
          ____________________________



* Ravi Agarwal appointed CBDT chairman effective July 1.
Policy Priorities tenure may focus on enhancing tax compliance, simplifying tax processes, and fostering a taxpayer-friendly environment.
Ravi Agarwal likely has a background in revenue administration or tax policy, crucial for leading CBDT's operations.
          ____________________________



* "Lieutenant General Upendra Trivedi Assumes Command as 30th Chief of Army Staff.
Lieutenant General Upendra Trivedi might prioritize modernization of the army, enhancing combat readiness, and strengthening border defenses.
General Upendra Trivedi tenure could impact defense collaborations and engagements with allied nations.
          ____________________________



* Japan Launches Advanced Satellite to Monitor Military Activity.
The ALOS-4 satellite enhances Japan's capabilities in disaster monitoring and resource management.
The H3 rocket's launch represents a significant milestone for Japan's space program.
          ____________________________



* India's SEBEX 2: 2.01 Times More Lethal Than TNT, Top Non-Nuclear Explosive.
SEBEX 2 enhances destructive power in bombs, artillery shells, and warheads effectively.
SEBEX 2 aims to revolutionize explosives with increased lethality and minimal weight
          ____________________________



* Mercedes' George Russell Triumphs at 2024 Australian Grand Prix.
Russell's strategic prowess at Melbourne reaffirms Mercedes' Formula 1 supremacy for 2024.
Russell and Mercedes solidify competitive edge with significant Formula 1 triumph.
          ____________________________



* International Asteroid Day celebrated on 30 June 2024.
Asteroids can potentially impact Earth, posing risks that require constant monitoring.
Asteroids provide valuable insights into the early solar system's formation and evolution.
          ____________________________



* IAS officer Sujata Saunik becomes Maharashtra’s first female Chief Secretary.
Ms. Saunik brings extensive administrative experience and leadership to her new role.
She is set to prioritize development and governance initiatives during her tenure.
          ____________________________



* International Day of Parliamentarism Celebrated on June 30, 2024.
Parliamentary Day emphasizes democratic values and accountability in global governance.
It promotes the importance of legislative processes in ensuring democratic representation.
          ____________________________



* Centre reconstitutes 8 Cabinet panels, NDA partners find place in key bodies.
Included NDA allies in Economic and Political Affairs committees.
Changes aimed to strengthen collaboration within the Union government.
          ____________________________



* Global IndiaAI summit 2024 to be held in New Delhi on July 3-4.
Government of India emphasizes responsible AI development at the summit.
Aim to promote Safe and Trusted AI practices globally at the summit.
          ____________________________



* Mumbai Tops List as India's Costliest City, Islamabad Cheapest Globally.
Islamabad, Lagos, Abuja least expensive cities for living costs. Expats find Hong Kong, Singapore, Zurich most expensive globally.
          ____________________________



* CNS Dinesh k tripathi of india navy visited Bangladesh from July 1 to 4.
Emphasized coordinated operations to bolster maritime domain interoperability.
Aimed at strengthening bilateral naval cooperation through strategic initiatives.
          ____________________________



* SCO summit kicks off in Astana with Belarus joining association.
SCO summit in Astana includes China, Russia, India, and others.
Belarus' inclusion expands the SCO's geopolitical influence and strengthens cooperation in areas like security, economy, and cultural exchange.
          ____________________________



* LIC launches agency transformation initiative 'Jeevan Samarth'
LIC launches 'Jeevan Samarth' to boost agent productivity, professionalism, customer service with digital tools and training.
          ____________________________



* ADB and Engie Group Sign Loan Agreement to Build 400MW Solar Power Plant in Gujarat.
This project will create jobs and boost local economic development. The solar power plant aims to enhance energy security and reduce environmental impact in Gujarat.
          ____________________________



* ICICI Lombard Floats AI Health Insurance.
Personalized health insurance ensures tailored coverage for all customers. Reset benefit guarantees uninterrupted coverage during policy term.
          ____________________________



* Indiabulls to Rename as Samman Capital, Shifts from HFC to NBFC.
Indiabulls transitions to Samman Capital post Sameer Gehlaut's exit and de-promoterisation.
Indiabulls aims for significant fundraising over the next 12-18 months.
          ____________________________



* Jharkhand CM Hemant Soren scheduled 8 july to undergo a floor test.
JMM-led coalition decided on Thursday for Hemant Soren's oath-taking ceremony instead.
Governor CP Radhakrishnan invited Hemant Soren to form Jharkhand's government on Thursday.
          ____________________________



* Arjun Ram Meghwal Honors 39 CBI Officers with Police Medals for Distinguished Service.
Shri Meghwal emphasized the importance of integrity in public service roles.
The awards ceremony highlighted their contributions to law enforcement and national security.
This recognition event reinforces the importance of professional excellence in law enforcement agencies like the CBI.
          ____________________________



* Dr. B.N. Gangadhar Appointed Chairperson of National Medical Commission.
ACC's appointments aim to bolster medical education governance and regulatory oversight.
Members appointed include diverse professionals with relevant expertise.
          ____________________________



* Samarth Mhakave of Maharashtra Secures Silver at Under-17 Asian Wrestling Championship.
Samarth Mhakave's victory marks a promising debut in international wrestling championships.
Samarth Mhakave's silver medal win highlights India's rising prowess in junior wrestling.
          ____________________________



* Finance Minister Jagdish Deora presented a budget of Rs 3.65 lakh crore.
Madhya Pradesh budget includes pre-election promises like Ladli Behna scheme.
Emphasis on boosting rural infrastructure and education sectors to enhance development outcomes
          ____________________________



* "SEHER Program Launched by Women Entrepreneurship Platform and TransUnion CIBIL to Empower Women Entrepreneurs".
India has 63 million micro, small, and medium enterprises of which around 20% are women-owned, employing as many as 27 million people.
SEHER will increase awareness among women entrepreneurs in India about finances and accessing and managing credit.
          ____________________________



* "Dr. Jitendra Singh Launches Indo-French Network to Combat Metabolic Liver Diseases.
Dr. Singh said "large population in India is affected by metabolic disorders and we need India specific interventions as our phenotype is different.
Every third Indian has fatty liver, which predates Type 2 Diabetes and other metabolic disorders, said Union Minister Dr Jitendra Singh who is himself a nationally renowned Diabetologist.
          ____________________________



* Govt Makes ISI Mark Mandatory For Stainless Steel And Aluminium Utensils.
The Department for Promotion of Industry and Internal Trade (DPIIT) has issued an order making the ISI mark mandatory for stainless steel and aluminium utensils. This is aimed at ensuring that consumers can easily identify products that meet the prescribed quality standards.
          ____________________________



* "Government Releases Rs 100 Commemorative Coin in Memory of Lokmat Founder Jawaharlal Darda.
The release of the commemorative coin reflects the government's acknowledgment of Jawaharlal Darda's role in shaping the media landscape, particularly in Maharashtra.
The coin is expected to become a collector's item among numismatists and individuals interested in Indian history and media milestones.
          ____________________________



* RBI fines five banks including PNB for regulatory non-compliance.
The Reserve Bank of India (RBI) has, by an order dated July 03, 2024, imposed a monetary penalty of ₹1,31,80,000 on Punjab National Bank (the bank) for non-compliance with certain directions issued by RBI.
          ____________________________



* ISRO to organise hackathon to celebrate first National Space Day on Aug 23.
Following the Vikram landing, Prime Minister Narendra Modi had announced that "National Space Day" will be celebrated on August 23 every year.
The ISRO chief emphasised that the hackathon is being organised to create application-driven ecosystems and bring in innovation in space-based applications which will benefit both society and the nation.
          ____________________________



* RBI Cancels Licence Of Varanasi Co-Op Bank.
All bank transactions are suspended with immediate effect. Depositors will receive insurance protection for their deposited amounts.
          ____________________________



* RBI Cancels Licence Of Varanasi Co-Op Bank.
All bank transactions are suspended with immediate effect. Depositors will receive insurance protection for their deposited amounts.
          ____________________________



* Paytm launches ‘Health Saathi’ plan for its merchant partners.
Provides access to affordable healthcare and income protection benefits. Designed to support merchants with financial and health security needs.
          ____________________________



* The President honored 36 gallantry medals.
President emphasized valor and sacrifice, honoring bravery across India's security forces. The ceremony underscored national gratitude for exemplary service and courage.
          ____________________________



* Keir Starmer appointed as the UK's new PM.
The new government plans to prioritize healthcare reforms for better public access.
Education funding will be increased to enhance opportunities for all students across the country.
          ____________________________



* LIC raises stake in IDFC First Bank to 2.68%.
This acquisition aligns with LIC's strategy to diversify its investment portfolio effectively.
The acquisition positions LIC as a significant shareholder in IDFC First Bank.
          ____________________________



* International Day of Co-operation is celebrated on 06 july 2024.
The conference highlights cooperatives' role in economic growth and community development.
The theme underscores cooperatives' contribution to building a prosperous and equitable future globally.
          ____________________________



* Shri Sheel Nagu appointed as Chief Justice of Punjab and Haryana High Court.
His appointment aims to enhance efficiency and leadership in judicial administration. Shri Sheel Nagu's appointment underscores judicial merit and constitutional authority in appointments.
          ____________________________



* NCW and cyber peace Foundation launched digital Shakti 5.0.
The initiative seeks to create a sustainable impact by fostering a culture of cybersecurity awareness and resilience among women, contributing to a safer digital ecosystem.
B) MoWCD C) MeitY D) NWC
          ____________________________



* "MoMA Designated as Nodal Ministry for Haj Committee of India.
The decision may be viewed within the context of government priorities in minority welfare and religious rights, potentially influencing political discourse and social perceptions.
          ____________________________



* "Ministry of Culture Launches Project PARI for 46th World Heritage Committee Meeting"
Project PARI aims at stimulating dialogue, reflection, and inspiration, contributing to the dynamic cultural fabric of the nation.
Over 150 visual artists from all over the country working on various sites in the national capital for beautification of public spaces for the upcoming event.
          ____________________________



* Bandhan Bank appoints Ratan Kumar Kesh as interim MD & CEO.
Ratan Kumar Kesh joined Bandhan Bank at its inception and has extensive.
The bank prioritizes a seamless transition in leadership to maintain stability.
          ____________________________



* IEX Board Reappoints Satyanarayan Goel as CMD.
Satyanarayan Goel has led IEX since its inception, contributing significantly to its growth.
Rohit Bajaj's elevation reflects IEX's strategic focus on leadership continuity and expansion.
          ____________________________



* Lewis Hamilton wins for the ninth time at Silverstone.
Hamilton's victory ended a 56-race drought, marking a triumphant return to the top of Formula One racing.
The British Grand Prix at Silverstone showcased Hamilton's mastery in challenging wet conditions, securing his historic 104th career win.
          ____________________________



* India's Indigenous Light Tank Prototype Ready for Trials.
The tank features advanced technology aimed at enhancing operational effectiveness and survivability.
Deployment of the tank is expected to bolster India's defense capabilities significantly by 2027.
          ____________________________



* Indian Infrastructure Project Providers Expand Global Presence for Enhanced Project Execution"
These providers aim to enhance infrastructure quality and efficiency through innovative solutions.
Collaborations with local stakeholders facilitate smoother project execution and sustainable development practices.
          ____________________________



* Arunachal Pradesh Governor releases book on Kargil War.
Colonel M B Ravindranath, a Vir Chakra awardee, authored the book 'Kargil War: The Turning Point.'
The book launch was attended by dignitaries and veterans commemorating the valorous events of the Kargil War.
          ____________________________



* World Kiswahili Language Day is celebrated on 07 July.
The declaration underscores Kiswahili's role in enhancing cultural understanding and global dialogue among nations.
The theme 'Kiswahili for peace and prosperity' emphasizes its potential in fostering harmony and economic growth.
          ____________________________



* Defence production hits record high of nearly ₹1.27 lakh crore in 2023-24.
The government aims to bolster India's defense manufacturing capabilities to achieve self-reliance and global prominence.
The Ministry of Defence's initiatives aim to reduce dependency on imports and enhance domestic defense manufacturing capabilities.
          ____________________________



* GSV Vadodara and Airbus Partner for Aerospace Education.
The collaboration aims to enhance aerospace education and research capabilities in India.
Airbus and GSV Vadodara seek to foster innovation and skill development in the aviation sector.
          ____________________________



* BSF conducts "Grow with the Trees" plantation drive in Srinagar.
Officers and volunteers planted diverse saplings to enhance green cover and promote conservation. The initiative aimed to strengthen BSF's commitment to sustainable environmental practices.
          ____________________________



* Reformist Pezeshkian Wins Iran Presidential Election.
Pezeshkian prioritizes outreach to the West and easing enforcement of Iran's mandatory headscarf law . He respects Iran's Shiite theocracy with Ayatollah Khamenei as the final authority on state matters.
          ____________________________



* Bandhan Bank appoints Ratan Kumar Kesh as interim MD & CEO.
Ratan Kumar Kesh assumes interim role after the retirement of Bandhan Bank's current MD & CEO. His appointment is effective from July 10, aiming for a seamless leadership transition in operations.
          ____________________________



* Russia plans to create core of new space station by 2030.
Roscosmos plans to launch the initial module in 2027 and complete the core by 2030.
Russia to leave ISS by 2028, focusing on its own station for scientific and security needs.
          ____________________________



* Gagan Narang To Be Chef-De-Mission Of The Indian Contingent In Paris Olympics.
PV Sindhu and Achanta Sharath Kamal to lead as flag bearers during opening ceremony.
Gagan Narang, a four-time Olympian, will replace MC Mary Kom as Chef-de-Mission for Paris 2024 Olympics.
          ____________________________



* India employment provisionally grew at 6% in FY24 vs 3.2% in FY23.
India's urban job creation rose significantly, contributing to the overall employment growth in FY24.
The service sector remained a key driver of job creation, reflecting diverse employment opportunities.
          ____________________________



* DPIIT signs MoU with NCAER for Development of Framework & Assessment of Logistics Cost in India.
The MoU aims to streamline logistics costs assessment for enhancing India's industrial competitiveness
DPIIT and NCAER aim to develop a robust framework for assessing logistics costs across India.
          ____________________________



* FSSAI to mandate salt, sugar, and fat labelling on packages in bold, bigger font.
The new labelling rules aim to enhance transparency and help consumers make healthier food choices.
FSSAI's decision seeks to curb misleading nutritional claims through clearer and more prominent labelling standards.
          ____________________________



* Keynote address by Secretary (East) at the 6th EAS Conference on Maritime Security.
Mumbai symbolizes maritime heritage, pivotal for economic growth and cultural dynamism in India's landscape.
The EAS Conference in Mumbai highlights regional cooperation crucial for maritime security and stability.
          ____________________________



* India to provide USD 2.5 mn LoC for slolar power plant in Guyana.
The agreement supports the installation of a solar PV power plant at Cheddi Jagan International Airport.
Export of eligible Indian goods and services to Guyana is facilitated under the agreement's terms.
          ____________________________



* Star Health Insurance Teams Up with HP State Cooperative Bank to Boost Health Insurance in the State.
Enhance health insurance accessibility and coverage across Himachal Pradesh through strategic partnership.
Foster financial security and healthcare support with comprehensive insurance solutions for residents of Himachal Pradesh.
          ____________________________



* Tata MF Launches India's First Tourism Index Fund.
It offers a diversified investment approach focused on companies expected to benefit from the growth in domestic and international tourism.
This initiative marks a significant milestone as the first dedicated tourism index fund in India, potentially paving the way for similar sector-specific investment products in the future.
          ____________________________



* HCLTech chairperson Roshni Nadar Malhotra awarded France’s highest civilian honour.
Nadar Malhotra's award underscores her pivotal role in fostering bilateral economic ties and digital innovation in France.
The ceremony in Delhi highlighted Nadar Malhotra's dedication to enhancing Indo-French collaborations and operational excellence.
          ____________________________



* RBI Approves Govind Singh's Reappointment as MD and CEO of Utkarsh Small Finance Bank.
Under Govind Singh's leadership, Utkarsh Small Finance Bank aims to bolster rural financial inclusion initiatives. His reappointment signals continuity in strategic direction and commitment to customer-centric growth.
          ____________________________



* Narendra Modi keeps India’s 2024 economic growth forecast unchanged at 6.8%.
Strong domestic and international demand supports growth across emerging markets, varying by region.
Upgraded growth projection from 6.1% to 6.8% highlights India's economic resilience and future prospects.
          ____________________________



* Aselsan Successfully Launches Turkey's First Homegrown Türksat-6A Communication Satellite.
Türksat-6A is designed to operate for more than 15 years, providing stable communication services across Turkey.
The Türksat-6A satellite aims to support a wide range of communication applications including television broadcasting and broadband internet.
          ____________________________



* Tasnim Clinches Victory at Reunion Open Tournament.
Tasnim Mir's strategic play and determination led to a decisive victory over top-seeded opponents in crucial tournament matches.
Tasnim Mir's victory at the St Denis Reunion Open 2024 marks a significant achievement in her badminton career.
          ____________________________



* BCCI appoints Gautam Gambhir as Indian men's team head coach.
Gautam Gambhir's appointment underscores BCCI's strategy to blend leadership skills with cricketing expertise for team development.
Gautam Gambhir aims to instill a disciplined and strategic approach among Indian cricketers to enhance performance and consistency.
          ____________________________



* Tamil Nadu chief minister M.K. Stalin releases coffee table books on folk deities.
Released by TN CM Stalin, books highlight Tamil Nadu's folk deities and historic forts.
Published by The Hindu Group in collaboration with TN government departments.
          ____________________________



* India Celebrates National Fishermen's Day at 10 July.
Recognizes fisherfolk's role in sustainable fisheries and their contribution to food security and environmental conservation. Promotes awareness about the challenges faced by fishermen and highlights their resilience and dedication.
          ____________________________



* UNESCO names 11 new biospheres in 11 countries.
New biospheres span 11 countries, highlighting UNESCO's commitment to environmental conservation worldwide. Each biosphere promotes ecological harmony and supports local communities through sustainable practices like agriculture and tourism.
          ____________________________



* WHO Launches MeDevIS Platform for Global Medical Device Information
MeDevIS aims to enhance transparency in medical device information and promote equitable healthcare access globally. It facilitates informed decision-making for governments, aiding effective healthcare management and resource allocation.
          ____________________________



* Vietnam most affordable country for expats .
The low cost of living and growing tourism in Vietnam have made it a popular republic for foreign residents.
Vietnam's affordability for expatriates underscores its appeal as a cost-effective living and working destination globally.
          ____________________________



* ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Oil and Gas ETF.
The ETF aims to capitalize on growth opportunities in the oil and gas sector.
Investors can benefit from diversification and potential sectoral outperformance through this ETF.
          ____________________________



* PNB Introduces Safety Ring to Enhance Security for Internet and Mobile Banking Users.
PNB's Safety Ring utilizes advanced encryption technologies to protect sensitive banking information from cyber threats.
The Safety Ring feature enhances user confidence by adding an extra layer of security to financial transactions.
          ____________________________



* AU Small Finance Bank and Bajaj Allianz Life Insurance enter into strategic partnership.
Enhanced Customer Reach: This partnership expands AU SFB's customer base and Bajaj Allianz Life's product accessibility.
Innovative Financial Solutions: Leveraging technology to offer innovative financial solutions through Bajaj Allianz Life's diverse insurance products.
          ____________________________



* Ageas Federal Life Insurance floats Golden Years Pension Plan with Bluechip Pension Fund.
Offers tax benefits under section 80C and ensures steady growth through diversified investments.
Flexible options for receiving pension payouts, ensuring financial security in retirement years.
          ____________________________



* RBI has canceled the registration of 2 NBFCs.
RBI cancelled registration of Star Finserv India and Polytex India for irregular lending practices.
Star Finserv operated 'Progcap' and Polytex operated 'Z2P' mobile app under respective parent companies.
          ____________________________



* Dr. Soumya Swaminathan Named Principal Advisor for National TB Elimination Programme.
Dr. Soumya Swaminathan will provide technical advice and suggest policy directions for the TB Elimination Programme.
Dr. Soumya Swaminathan will assist in forming expert groups globally and advise on research strategies for optimal outcomes.
          ____________________________



* Researchers from TN discover new species of snake in Meghamalai.
Shieldtail snakes are scavengers and diggers, and they come out to breed during the monsoon. The discovery was published in the international journal Zootaxa.
          ____________________________



* World Population Day is observed on July 11.
Overpopulation strains natural resources, leading to scarcity and environmental degradation, making sustainable living crucial.
Population growth increases demand for food, water, and housing, challenging infrastructure and quality of life.
          ____________________________



* Adani Sportsline is principal sponsor of Indian Olympic Association.
Adani Sportsline's sponsorship aims to enhance infrastructure and training facilities for Indian athletes across multiple sporting events.
The partnership signifies Adani Group's commitment to promoting sports at both national and international levels, fostering a culture of athletic excellence.
          ____________________________



* UN Marks First International Day of Reflection and Commemoration of the 1995 Srebrenica Genocide on July 11, 2024.
The day includes educational initiatives to raise awareness about genocide prevention and human rights.
It demands justice and accountability for the perpetrators of the Srebrenica genocide.
          ____________________________



* Rajasthan Finance Minister Diya Kumari Presents State Budget for FY25.
The budget also focuses on environmental sustainability through renewable energy and conservation initiatives.
Measures for digital infrastructure enhancement and IT sector growth are integral parts of the budget.
          ____________________________



* Raksha Rajya Mantri Shri Sanjay Seth Launches GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024).
GAINS 2024 aims to foster collaboration between MSMEs, startups, and GRSE for rapid technological innovations.
The scheme encourages adaptive solutions to enhance efficiency and competitiveness in shipbuilding and engineering sectors.
          ____________________________



* Mutual Recognition Agreement between India and Taiwan for Organic Products.
The MRA aims to streamline certification processes and facilitate trade in organic products between India and Taiwan.
APEDA and AFA will oversee the implementation of standards and regulations under the MRA to ensure mutual recognition of organic certifications.
          ____________________________



* Kerala Set to Become First State to Publish PBR.
This initiative promotes biodiversity conservation and sustainable development across linguistic communities.
It ensures wider participation and inclusivity in environmental governance and awareness.
          ____________________________



* IUCN Red List Updated Ibiza Wall Lizard Designated as Endangered Species.
Habitat loss due to urbanization is a critical threat to the Ibiza wall lizard's survival.Conservation efforts must prioritize habitat restoration and reducing human impact on their environment.
          ____________________________



* UNESCO Unveils New World Soil Health Index at International Conference on Soils in Morocco.
The index aims to promote sustainable farming practices and mitigate soil degradation worldwide.
It underscores the need for international collaboration and knowledge-sharing on soil health management.
          ____________________________



* Muthoot finance selected for FATF mutual evaluation report 2023-24.
Muthoot Finance's selection reflects its robust compliance and global reputation in financial standards.
The evaluation underscores Muthoot Finance's leadership as a trusted financial institution in India and abroad.
          ____________________________



* BNP Paribas and Mistral AI Ink Deal for All AI Models"
This agreement aims to enhance operational efficiency and innovation through AI integration in banking processes.
BNP Paribas seeks to optimize service delivery and decision-making capabilities using Mistral AI's advanced models.
          ____________________________



* RBI's financial inclusion index spurts in quarter ended March 2024.
The FI-Index by RBI assesses national financial inclusion levels, highlighting significant improvements over recent years.
The FI-Index is a collaborative effort involving RBI and various stakeholders to enhance financial accessibility and inclusion.
          ____________________________



* Prime Minister Narendra Modi ends his Russia visit and leaves for Australia.
PM Modi discussed bilateral cooperation in defense and energy sectors during his Russia visit.
The summit highlighted India and Russia's commitment to enhancing strategic ties amidst global challenges.
          ____________________________



* ICAI and MeitY have decided to jointly develop an 'AI Audit Tool'.
The AI Audit Tool aims to enhance transparency and mitigate financial irregularities in corporate operations.
Collaboration between ICAI and MeitY seeks to bolster India Inc.'s resilience against economic uncertainties.
          ____________________________



* REC secures green loan worth ₹1,670 crore from Deutsche Bank's City branch.
This collaboration boosts India's green finance sector, promoting sustainable energy initiatives nationwide.
REC's green loan aims to set a precedent for environmentally conscious funding in public projects.
          ____________________________



* Colombo Security Conclave Welcomes Bangladesh As 5th Member.
The CSC Secretariat in Colombo, Sri Lanka, was represented by Acting Secretary Commodore AD Weerasinghe.
The Colombo Security Conclave was established in 2020, when India, Sri Lanka and the Maldives agreed to expand the scope of their trilateral meeting on maritime cooperation.
          ____________________________



* Punjab National Bank signs pact with SAIL to offer loans.
The MoU was signed in the presence of PNB Executive Director Bibhu Prasad Mahapatra.
Under the agreement, PNB will provide various types of loans to SAIL, which could include working capital loans, term loans, or other financial products.
          ____________________________



* Indians can now pay via UPI in Qatar.
This initiative will benefit Indian travellers visiting and transiting through the country, according to NIPL.
“This partnership will provide Indian tourists the option to use their preferred payment method across retail stores, tourist attractions, leisure sites, duty-free shops and hotels.
          ____________________________



* RBI expands Liberalised Remittance Scheme norms for investment via GIFT IFSC.
The RBI aims to facilitate greater international investment opportunities for Indian residents by leveraging the infrastructure and regulatory framework of the GIFT IFSC.
Indian investors can now diversify their portfolios with a wider range of financial products and services available within the IFSC ecosystem.
          ____________________________



* Indian ship's captain and crew win 'extraordinary courage' award in Red Sea rescue.
Captain Avhilash Rawat and crew rescued 22 sailors from a burning ship in the Arabian Sea.
Indian Coast Guard rescued fishermen stranded during Cyclone Tauktae off the Gujarat coast.
          ____________________________



* Maharashtra 's Chief Minister Majhi Ladki Bahin Yojana will provide support of ₹ 1,500 per month.
Aimed at economic empowerment, the scheme benefits women aged 21-60 with ₹1,500 monthly support starting July 2024.
Maharashtra's Deputy CM Ajit Pawar launched 'Mukhyamantri Majhi Ladki Bahin' scheme for women's empowerment in Budget 2024.
          ____________________________



* Tata Power launches 'Ghar Ghar Solar' initiative in Uttar Pradesh.
The initiative aims to provide significant financial savings and environmental benefits to residents of Uttar Pradesh.
Varanasi serves as the starting point for the rollout of state-of-the-art Rooftop Solar Solutions (RTS).
          ____________________________



* World celebrated International Day of Combating Sand and Dust Storms on July 12, 2024.
Technological Innovations: Innovations in satellite monitoring enhance forecasting accuracy and early detection of sandstorms.
Policy Advocacy: Advocacy for stringent policies promotes sustainable land management practices to mitigate sandstorm impacts.
          ____________________________



* K.P. Sharma Oli sworn in as Nepal’s Prime Minister.
Oli is a prominent leader of the Communist Party of Nepal (Unified Marxist–Leninist) [CPN-UML]. He has been a significant figure in Nepali politics for several decades.
Oli, aged 72, faces the challenge of unifying Nepal's political landscape amid ongoing instability.
          ____________________________



* Prince Harry honored with Pat Tillman Award for Service at The ESPYS.
Harry emphasized the importance of mental health support for veterans and their families.
The award highlighted Harry's ongoing commitment to military communities through his Invictus Games initiative.
          ____________________________



* BSNL CMD Purwar Denied Extension DoT Officer Robert Ravi to Take Additional Charge.
The DoT plays a crucial role in overseeing and appointing leadership positions within BSNL, which operates under the Ministry of Communications in India.
The transition in leadership from PK Purwar to Robert Ravi will likely impact BSNL's future policies, operational strategies, and its role in the competitive telecommunications market in India.
          ____________________________



* PUMA to be footwear partner for Indian contingent at Paris Olympics 2024.
PUMA's partnership aims to boost Indian athletes' performance through innovative footwear and apparel solutions.
The campaign underscores PUMA's commitment to supporting India's journey in global sports competitions.
          ____________________________



* World youth skills day is celebrated on 15 july 2024.
This Day Encourages vocational training and education for sustainable development and inclusive growth.
This Day Promotes innovation and creativity among youth to meet evolving job market demands globally.
          ____________________________



* PM Modi To Visit Maharashtra On July 13.
PM Modi will also review Mumbai's infrastructure development progress and interact with local stakeholders. The visit aims to boost connectivity, employment, and infrastructure in Maharashtra.
          ____________________________



* Government to observe June 25 as 'Constitution Murder Day' to mark Emergency.
The day aims to honor those who resisted the Emergency's suppression of civil liberties.
It underscores the importance of upholding constitutional values and safeguarding democracy.
          ____________________________



* Kerala retains top spot in the latest SDG India Index rankings.
Kerala excelled in clean water and sanitation, securing the top position, underscoring its commitment to sustainable development.
It also ranked high in affordable and clean energy, demonstrating comprehensive progress towards achieving sustainable development goals.
          ____________________________



* Mopa Airport Gets 6-Lane Access-Controlled Road For Faster Connectivity to Mumbai-Goa Highway.
The road will improve access for tourists and enhance economic opportunities in the region. It aims to reduce travel time between Mopa Airport and the Mumbai-Goa Highway significantly.
          ____________________________



* Shri Jayant Chaudhary attends Kaushal Samwaad on World Youth Skills Day 2024.
Shri Jayant Chaudhary emphasized the importance of vocational skills in enhancing India's economic growth and development.
The event highlighted successful stories of Skill India beneficiaries, motivating youth towards skill-based careers.
          ____________________________



* Goi caps interest equalisation at Rs 1.66 crore per IEC for July-August 2024.
This move aims to streamline subsidies and ensure targeted support for exporters during economic challenges. The decision reflects efforts to balance fiscal prudence with export promotion objectives.
          ____________________________



* Indian Air Force Hosts Exercise Pitch Black 2024 in Darwin, Australia.
IAF aims to enhance interoperability with RAAF and other international air forces during the exercise.
Pitch Black 2024 emphasizes advanced aerial combat tactics and joint operational capabilities.
          ____________________________



* Jio Financial Services gets RBI nod to become core investment company.
Jio Financial Services aims to enhance investment capabilities post transition to Core Investment Company.
This move supports Reliance Industries' strategic restructuring for focused financial services operations.
          ____________________________



* Jyotiraditya Scindia launches NERACE App .
The NERACE initiative aims to boost the agricultural economy of the North Eastern Region. Farmers will gain better market access and fair prices for their produce.
The NERACE app is intended to support agricultural and horticultural products such as spices, fruits, vegetables, pulses, cereals, and minor forest products.
          ____________________________



* Bajaj Finserv AMC launches fixed income plan for retail investors.
Bajaj Finserv Savings+ offers flexibility with instant redemption and competitive interest rates for retail investors.
The plan ensures ease of transaction through digital platforms, enhancing investor convenience and accessibility.
          ____________________________



* NITI Aayog Launches ‘NITI GearShift Challenge’ As Part Of E-FAST India Initiative.
The challenge will focus on developing solutions for zero-emission trucks to enhance sustainability and reduce carbon footprints.
Participants will have access to mentorship and resources to bring their innovative ideas to fruition.
          ____________________________



* Shri Jayant Chaudhary attends Kaushal Samwaad on World Youth Skills Day 2024.
The event highlighted the impact of skill development in empowering youth and fostering economic growth.
Shri Jayant Chaudhary emphasized the role of continuous learning in shaping a skilled and competitive workforce.
          ____________________________



* India's population to peak in early 2060s to 1.7 billion before declining United Nations.
The report highlights that global fertility rates are projected to decline, leading to an aging population in many countries.
Africa's population is expected to nearly double by 2050, making it the region with the largest population growth.
          ____________________________



* 16 lakh indian children missed vital vaccines in 2023.
DTP vaccine coverage saw a modest increase, yet gaps persist, impacting childhood immunity globally.
Efforts to improve vaccine access need urgent reinforcement to prevent further setbacks in global immunization
          ____________________________



* Kotak811 releases the all new multi-featured Kotak811 Mobile Banking App.
Kotak811 Banking App introduces advanced UPI transaction capabilities, enhancing convenience and security for users nationwide.
The revamped Kotak811 app promises a seamless and intuitive user experience, setting new standards in digital banking convenience.
          ____________________________



* India,Marshall Islands sign MoU on development projects.
This agreement underscores India's commitment to bolstering ties with small island nations in the Pacific, aiming to enhance mutual cooperation in developmental initiatives.
The move by India also aims to counterbalance China's increasing influence in the region by fostering closer ties and cooperation with countries in the Pacific.
          ____________________________



* NABARD announces ₹750 crore ‘Agri SURE’ fund to promote innovation in agriculture.
Nabventures, NABARD's subsidiary, will manage the ₹750 crore fund, supported by contributions from NABARD, Ministry of Agriculture, and other institutions.
'Agri SURE' will provide financial assistance, grants, and subsidies to eligible projects that contribute to agricultural productivity and sustainability.
          ____________________________



* SEBI tweaks norms for mutual fund investments in listed securities of sponsor.
SEBI's circular limits mutual fund investments in sponsor group companies' listed securities to 25% of scheme assets.
ETFs and index funds can invest up to 35% of scheme's net asset value in sponsor group companies.
          ____________________________



* BranchX becomes India's 1st neobank to launch ONDC loans for financial inclusion.
ONDC loans aim to democratize finance by providing equitable access to credit across diverse demographics.
BranchX's initiative underscores its commitment to fostering inclusive economic growth and digital empowerment.
          ____________________________



* ReNew Chairman to lead Global Climate Action as Alliance Co-Chair.
Sumant Sinha's leadership will enhance ReNew's global influence in sustainable energy innovation.
The Alliance will collaborate with governments to drive policy changes for climate resilience.
          ____________________________



* Europe ‘back in space’ despite Ariane 6 debut glitch.
Despite the glitch, European space officials praised Ariane 6's successful completion of initial trials, marking a significant milestone in space exploration.
The mission's setback occurred when the rocket failed to release its final batch of payloads into orbit, highlighting challenges in aerospace technology.
          ____________________________



* Two new species of jumping spiders discovered from Western Ghats.
These spiders play crucial roles in local ecosystems, contributing to pest control and ecological balance.
Conservation efforts must prioritize protecting these species and their habitats from ongoing environmental challenges.
          ____________________________



* Indian Council of Agricultural Research (ICAR) has launched 'One Scientist One Product' scheme.
The plan aims to enhance innovation and efficiency in agricultural research by focusing on specific products.
ICAR's initiative aligns with the government's vision for sustainable agriculture and increased farmer income.
          ____________________________



* Carlos Alcaraz Retains Wimbledon Men's Singles Title and Krejcikova Wins Women's Singles Crown.
Alcaraz, at 19, becomes the youngest male Wimbledon champion since Boris Becker in 1986.
Krejcikova's victory marks her first Wimbledon singles title, adding to her Grand Slam successes.
          ____________________________



* Defence ministry notifies fifth indigenisation list of 346 items for DPSUs.
This initiative is expected to boost domestic defence production capabilities, reduce import bills, and strengthen India's defence industry ecosystem.
The Ministry may periodically update the list to include more items as part of ongoing efforts towards self-reliance in defence production.
          ____________________________



* BBVA and IFC launch world's first biodiversity bond.
The bond aims to finance projects preserving biodiversity and promoting sustainable economic activities globally.
          ____________________________



* India Government releases first tranche of $2.5 million for Palestinian refugees.
The aid supports healthcare, education, and livelihood initiatives benefiting Palestinian refugees amidst ongoing humanitarian challenges.
The funding underscores India's commitment to international humanitarian efforts and support for refugee communities worldwide.
          ____________________________



* Axis Bank completes migration of Citibank customers to its systems.
Axis Bank assured customers it is working to resolve login issues swiftly post-Citibank migration.
Some former Citibank customers faced technical hurdles accessing new Axis Bank services after migration.
          ____________________________



* IMF raises India’s FY25 growth forecast upward to 7%.
IMF projects India's GDP growth for FY26 at 6.5%, unchanged since April, reflecting stable economic expectations.
RBI revised India's FY25 growth forecast to 7.2% from 7%, showing optimism amidst economic recovery.
          ____________________________



* Indian Scientists Agarwal and Bhardwaj Receive COSPAR 2024 Award.
Their research significantly advances understanding of space weather and satellite technology.
COSPAR recognized their pioneering work in atmospheric and planetary sciences.
          ____________________________



* Roberta Metsola Re-elected as European Parliament President.
Historic Achievement: Metsola's re-election marks a historic achievement in the European Parliament, highlighting progress towards gender equality in leadership roles.
Continued Influence: Her re-election underscores Metsola's continued influence in shaping European policies and fostering cooperation among member states.
          ____________________________



* Spain Wins Fourth European Championship Title After Defeating England Team.
Spain dominated possession throughout the match, showcasing their tactical superiority and defensive resilience.
England's Alvaro Morata scored their only goal, but Spain's relentless pressure ultimately sealed their victory.
          ____________________________



* India Champions Beat Pakistan Champions To Clinch 2024 World Championship Of Legends Title.
Yuvraj Singh's strategic leadership and Ambati Rayudu's rapid fifty were pivotal in India's championship victory.
The final overs saw Yusuf Pathan and Gurkeerat Singh Mann secure the win with composed batting performances.
          ____________________________



* James Anderson retires with 704 Test wickets from 40037 deliveries.
Anderson's farewell marks the end of a remarkable era in English cricket, spanning two decades.
His journey, from debut to retirement, symbolizes dedication and longevity, leaving a lasting legacy in cricket.
          ____________________________



* Saudi Arabia To Host Inaugural Olympics Esports Games In 2025.
The partnership aims to promote esports on a global stage, integrating it with the Olympic movement's values and reach.
The IOC Session in Paris will finalize the decision and initiate the process of selecting the host city for the inaugural Olympics Esports Games.
          ____________________________



* Camlin founder Subhash Dandekar passes away.
Subhash Dandekar revolutionized the stationery industry in India, leaving behind a legacy of innovation and leadership.
His contribution to Kokuyo Camlin as chairman emeritus underscored his enduring influence on the brand's growth.
          ____________________________



* International Criminal Justice Day Celebrated on July 7, 2024.
It emphasizes the need to uphold human rights and ensure fair trials for all individuals globally.
The day underscores international cooperation in combating impunity and fostering a more just and peaceful world.
          ____________________________



* India sees fastest growth in electronic waste generation.
India's digital waste growth underscores environmental challenges amid rapid technological advancement.
The report calls for sustainable practices to manage electronic waste and promote inclusive digital growth.
          ____________________________



* CSIR-CRRI Celebrates 73rd Foundation Day.
The 73rd Foundation Day featured speeches and discussions on advancements in road research and technology.
The event highlighted CSIR-CRRI's contributions to infrastructure development and future research directions.
          ____________________________



* India Creates 12.5 Crore Jobs in FY14-23, Surpasses 2.9 Crore Jobs in FY04-14.
India's job creation surged in manufacturing and services, totaling 8.9 crore during FY14-23, versus 6.6 crore in FY04-14.
Micro, Small, and Medium Enterprises (MSMEs) have surpassed 20 crore jobs as per the Udyam registration portal data.
          ____________________________



* Union Govt Reconstitutes NITI Aayog with NDA Ministers.
The reconstituted NITI Aayog includes four full-time members and 15 Union Ministers as ex-officio members or special invitees.
The NITI Aayog aims to drive transformative initiatives focusing on holistic development and innovation for India's future.
          ____________________________



* GoI Principal Scientific Adviser Launches E-Mobility R&D Roadmap for Net-Zero Goals.
The roadmap aims to position India as a global leader in e-mobility through advanced technological development.
It outlines strategies to enhance India’s self-reliance in electric vehicle technology and infrastructure by 2029.
          ____________________________



* Ministry of Coal Signs Agreements for 3 Coal Mines.
The agreements are expected to enhance local job opportunities and support the coal mining industry’s growth.
This move aligns with India’s broader energy strategy to diversify sources and ensure energy self-sufficiency.
          ____________________________



* UNESCO reported Climate change disrupting education outcomes, increasing learning loss.
Climate change exacerbates educational inequalities, particularly affecting vulnerable and marginalized children across different regions.
Extreme weather events disrupt schooling, leading to increased dropout rates and hindered academic progress.
          ____________________________



* GST Council Proposes Streamlined Compliance and Revised Tax Slabs.
The Council proposed streamlined tax compliance procedures to reduce administrative burdens on businesses.
GST Council recommended revising tax slabs to boost economic growth and enhance revenue collection.
          ____________________________



* RBI Allows Banks to Use Brickwork Ratings with Conditions.
The RBI's decision marks a reevaluation of Brickwork Ratings' status and its role in the banking sector's risk assessment framework.
RBI’s decision revisits Brickwork Ratings' credibility and integration into the banking risk assessment process.
          ____________________________



* ADB retains India’s FY25 GDP growth outlook at 7%.
ADB projects India's GDP growth at 7.2% for 2025-26, with retail inflation averaging 4.5%.
Inflation rates are expected to stabilize at 4.6% this year, according to ADB’s latest report.
          ____________________________



* Ireland Takes 4th Spot from Mauritius in FPI Destinations.
Ireland's rise to 4th place reflects increased investor confidence and economic stability.
Mauritius' drop signals shifting global investment trends and priorities.
          ____________________________



* Rwanda's paul Kagame wins fourth term with 99% of vote.
The election result has sparked criticism from opposition groups and international observers, who have raised concerns about the fairness and transparency of the electoral process.
Kagame's continuation in office is expected to shape Rwanda's trajectory in terms of economic policies, regional relations, and domestic governance in the coming years.
          ____________________________



* Zen Tech Unveils Four New Anti-Drone Products.
The new anti-drone products offer real-time threat detection and automated response capabilities.
          ____________________________



* Dhruva Space gets IN-SPACe nod to provide ground stations as a service.
Dhruva Space’s new service will enhance satellite data handling and improve mission efficiency.
IN-SPACe’s authorization supports India’s growing space infrastructure and commercial space capabilities.
          ____________________________



* BTS' Jin Becomes First Korean Artist to Lift Olympic Torch.
The Louvre Pyramid Museum provided a stunning backdrop for Jin’s Olympic torch relay.
Jin’s torchbearing role signifies a landmark achievement for Korean artists in global events.
          ____________________________



* Nelson Mandela international day is celebrated 18 july 2024.
Nelson Mandela International Day encourages acts of service and community engagement in honor of Mandela’s legacy.
The 2024 observance focuses on advancing human rights and social justice, reflecting Mandela’s lifelong commitment.
          ____________________________



* World snake day is celebrated on 16 July 2024.
World Snake Day promotes conservation efforts and highlights the ecological importance of snakes in maintaining biodiversity.
Educational activities on July 16 aim to reduce misconceptions and enhance public understanding of snake species.
          ____________________________



* Bank of Baroda, BoM launch deposit schemes to fund credit demand.
The deposit scheme is available only for retail deposits and not for corporate or institutional accounts.
Special rates apply to both senior citizens and non-callable deposits, enhancing returns for these categories.
          ____________________________



* ADB approves $240.5 mn loan for rooftop solar systems in India.
The funding aims to accelerate India's transition to renewable energy by enhancing rooftop solar installations.
This loan will boost private sector involvement in India's solar energy sector, fostering sustainable growth.
          ____________________________



* Dr. Jitendra Singh Opens Asia’s First Pre-Clinical Network Facility under CEPI.
The facility will advance health research and support epidemic preparedness by enabling pre-clinical studies on BSL3 pathogens.
CEPI selected BRIC-THSTI for its expertise in handling high-risk pathogens, enhancing global health research capabilities.
          ____________________________



* Indian External Affairs Minister Dr. S. Jaishankar's Inaugural Visit to Mauritius Strengthens Bilateral Ties.
Dr. Jaishankar’s visit reaffirms India-Mauritius bilateral ties and follows a recent visit by Mauritius’ Prime Minister.
The visit aims to strengthen diplomatic relations and enhance cooperation between India and Mauritius in various sectors.
          ____________________________



* SEBI recognized BSE Limited as RAASB and IAASB.
SEBI’s recognition empowers BSE Ltd to set and enforce auditing and accounting standards for enhanced financial practices.
BSE Ltd’s new roles will influence global auditing practices, reinforcing standards and improving financial transparency.
          ____________________________



* Fintech startup TechFini receives NPCI certification to operate as UPI provider.
TechFini’s NPCI certification allows it to integrate UPI services, enhancing accessibility and convenience for digital payments.
The approval positions TechFini to compete in the growing UPI market, contributing to India’s digital economy.
          ____________________________



* India Forecasts Robust 6.3% GDP Growth for Fiscal Year 2023-24.
The Economic Outlook Survey highlights a range of growth estimates for India, indicating economic stability with minor fluctuations.
FICCI’s report underscores optimism about India's economic prospects, with projected growth varying between 6.0% and 6.6% for FY24.
          ____________________________



* India's WPI Inflation Rate Climbs to 3.36% in June.
The increase in WPI inflation highlights rising costs in essential commodities and manufacturing sectors.
Food prices and energy costs significantly contributed to the higher inflation rate in June 2024.
          ____________________________



* ESAF SFB Gets RBI Nod for K Paul Thomas's Re-appointment as MD & CEO.
K Paul Thomas has been instrumental in ESAF SFB’s growth and operational success since its launch.
The RBI’s approval underscores confidence in Thomas’s leadership and ESAF SFB’s strategic direction.
          ____________________________



* CCI to tweak fair trade norms soon.
The CCI’s update will enhance regulatory efficiency and adapt to evolving market conditions.
Green channel process allows automatic M&A approval upon meeting specified conditions.
          ____________________________



* ISRO Scientists Create The First Undersea Map Of Ram Setu.
The map provides detailed visibility of the submerged Ram Setu, revealing its full extent and structure.
Data collection for the map spanned six years, showcasing advanced collaboration between ISRO and NASA.
          ____________________________



* Scientists discover new plant species in Arunachal Pradesh.
The new species has unique botanical features that differentiate it from other plants in the regions.
This discovery highlights the biodiversity of Arunachal Pradesh and its importance for conservation efforts.
          ____________________________



* Renowned cardiac surgeon Dr MS Valiathan passes away at the age of 90.
Dr. Valiathan's advancements in cardiac surgery improved patient outcomes and set new standards in the medical fields.
He was honored with numerous awards, including the Padma Bhushan, for his contributions to medical science.
          ____________________________



* HSBC appoints Georges Elhedery as group chief executive.
Elhedery will lead HSBC’s strategic initiatives and global expansion efforts, enhancing its competitive edge in the industry.
His appointment is expected to streamline HSBC’s operations and drive innovation in response to market demands.
          ____________________________



* Amit Shah Launches 'MANAS' Helpline at 7th NCORD Meeting.
The ‘MANAS’ helpline aims to provide immediate support and counseling to individuals affected by drug addiction.
Amit Shah emphasized the need for collaborative efforts in combating drug abuse during the NCORD meeting.
          ____________________________



* Union Minister G. Kishan Reddy Inaugurates NLFC and Launches Bhusanket Portal & Bhooskhalan App.
The Bhusanket portal aims to provide farmers with timely updates on land-related information and services.
The Bhooskhalan app is designed to streamline the management of land issues and improve reporting efficiency.
          ____________________________



* BIS and IISc Bengaluru Sign MoU for Standardization.
The MoU aims to enhance collaboration between BIS and IISc for developing advanced standardization techniques and guidelines.
Joint training programs will focus on improving industry standards and integrating cutting-edge technologies in standardization.
          ____________________________



* RBI Forms Committee to Review White-Label ATM Fee Structure.
The committee will evaluate existing ATM fees to ensure fairness and transparency in white-label ATM operations.
The review seeks to address discrepancies in fees and enhance service quality for consumers and ATM operators.
          ____________________________



* Arka Fincap and Central Bank of India Partner for MSME Loans.
The partnership aims to improve credit accessibility and streamline the loan process for small and medium enterprises.
Competitive interest rates and faster fund disbursement are key benefits of this co-lending arrangement.
          ____________________________



* Eurosport India Appoints Shikhar Dhawan as Brand Ambassador for MotoGP.
Shikhar Dhawan’s appointment aims to leverage his cricket fame to enhance MotoGP's engagement with Indian fans.
The partnership includes promotional campaigns and public events to boost MotoGP’s presence in the Indian market.
          ____________________________



* NASA creates history with discovery of 6 new planets outside Solar System.
The discovery enhances our knowledge of exoplanets and their potential for supporting life beyond our Solar System.
NASA’s advanced technology and methods played a crucial role in identifying these six new exoplanets.
          ____________________________



* APC Appoints Deepa Malik as South Asia Sub-Regional Representative.
Malik’s appointment aims to improve regional collaboration and support for South Asian Paralympic athletes.
This role enhances representation of South Asian countries within the global Paralympic community.
          ____________________________



* Vietnam's Most Powerful Communist Party Leader Nguyen Phu Trong Dies At 80.
His tenure marked a period of significant economic reforms and political consolidation in Vietnam.
Nguyen Phu Trong managed the South China Sea disputes and strengthened global relations.
          ____________________________



* World chess day is celebrated on 20 july 2024.
Special awards were presented to emerging talents to recognize their contributions to chess on World Chess Day.
Online chess tournaments promoted global competition among players, enhancing engagement with the game on this occasion.
          ____________________________



* Gujarat To Provide Rented Accommodation To Construction Workers For Rs 5 Per Day.
The scheme aims to improve living standards for construction workers by offering affordable housing options.
The initiative will help ease accommodation challenges faced by workers in major Gujarat cities.
          ____________________________



* COP29 host Azerbaijan launches climate fund and imposes tariffs on fossil fuels.
The fund will focus on sustainable energy projects to reduce reliance on fossil fuels.
International partnerships will be sought to enhance technological innovation and expertise in the energy sector.
          ____________________________



* UP Introduces Upvan Yojna and Heritage Tree Adoption to Improve Green Cover.
The Upvan Yojna focuses on creating more green spaces in cities for enhanced urban aesthetics and environment.
The Heritage Tree Adoption Scheme promotes community involvement in maintaining and preserving historic trees for future generations.
          ____________________________



* Meghalaya government launches its own OTT platform Hello Meghalaya.
The initiative will help preserve and promote Meghalaya's cultural heritage through various digital media formats.
          ____________________________



* Ivory Coast Becomes 53rd Country to Join UN Water Convention.
The convention aims to foster international cooperation on transboundary water management and sustainable usage.
          ____________________________



* India and Bhutan Approve 61 Projects Worth ₹4,958 Crore for Bhutan's 13th FYP.
The projects will enhance Bhutan's infrastructure, aiming for sustainable economic growth and improved public services.
India and Bhutan will collaborate on various development projects under Bhutan’s 13th Five-Year Plan, enhancing bilateral ties.
          ____________________________



* Central Coalfields Limited unveiled it's official brand-new logo with tagline: “Fuelling Sustainable Growth”.
          ____________________________



* IIT Bombay’s Society for Innovation & Entrepreneurship (SINE) has partnered with Canara Bank to provide financial aid to start-ups across India.
          ____________________________



* Union Bank of India has raised $500 million (about Rs 4,200 crore) from foreign markets to fund overseas business growth.
The first tranche of $100 million was drawn on 3rd April 2024.
          ____________________________



* Airports Authority and Rajasthan Govt Sign MoU for New Greenfield Airport in Kota.
The new airport will enhance regional connectivity, supporting local businesses and tourism growth in Kota.
The construction phase will commence after receiving the NOC, with a two-year operational target set.
          ____________________________



* UPL University partners ISRO for R&D in chemical sciences.
The MoU will facilitate joint research projects and technology transfers between UPL University and ISRO’s SAC.
This collaboration aims to develop sustainable solutions and innovative technologies in the field of chemical sciences.
          ____________________________



* Ireda to Invest ₹290 Crore in 900 MW Hydro Projects in Nepal.
The investment aims to enhance cross-border energy trade and improve infrastructure in Nepal.
This project supports India's strategic interest in regional energy security and sustainability.
          ____________________________



* Lalianjuala Chhangate and Indumathi Kathiresan received the Player of the Year honors at the AIFF awards ceremony.
Chhangte’s recognition reflects his pivotal role in enhancing the performance of his team throughout the season.
Kathiresan's award highlights her leadership and crucial contributions to the growth of women's football in India.
          ____________________________



* Shreya Gupta Wins Bronze in Sabre at Commonwealth Junior and Cadet Championships 2024.
Shreya Gupta's bronze medal marks a historic achievement for Jammu and Kashmir in international fencing.
Her performance at the Commonwealth Junior and Cadet Championships highlights her rising prominence in the sport.
          ____________________________



* Padma Shri Awardee Kamala Pujari Passes Away At 74.
Kamala Pujari's efforts significantly improved agricultural practices and women’s livelihoods in rural areas.
Her passing is a great loss to the social and environmental activism community.
          ____________________________



* Shivraj Singh Chouhan Launches Four Books on Rashtrapati Bhavan.
The books highlight Rashtrapati Bhavan’s role in reflecting India’s rich heritage and modern evolution.
The launch event celebrated Rashtrapati Bhavan as a symbol of national pride and historical significance.
          ____________________________



* Pi approximation day is celebrated on 22 July 2024.
Pi Approximation Day promotes mathematical literacy by encouraging exploration of π's applications in various fields.
Educational institutions organized interactive sessions to engage students and foster a deeper appreciation for mathematical constants.
          ____________________________



* International Moon Day 2024 Was Celebrated on July 20.
International Moon Day 2024 celebrated advancements in lunar exploration and encouraged global collaboration in space research.
The events included interactive sessions, educational workshops, and exhibitions to engage the public and promote lunar science.
          ____________________________



* National flag adoption day is celebrated on 22 July 2024.
The national flag’s design represents India’s diverse cultural heritage and the sacrifices made for independence.
Schools and institutions organize events to educate people about the flag’s history and significance on this day.
          ____________________________



* World brain day is celebrated on 22 july 2024.
World Brain Day promotes mental wellness and encourages early detection of neurological conditions.
The day highlights the need for continued research into brain health and treatment options.
          ____________________________



* Uttarakhand Unveils World's First Gross Environmental Product Index.
GEPI will help in setting benchmarks for sustainable development and environmental responsibility across industriese.
The index aims to enhance transparency in environmental impact reporting and policy effectiveness.
          ____________________________



* AIM and WIPO sign LoI for joint innovation programs in the Global South.
The partnership will focus on improving intellectual property management and fostering entrepreneurship in emerging economies.
AIM and WIPO will jointly organize workshops and training programs to enhance innovation skills in the Global South.
          ____________________________



* NFDC and Netflix Partner to Launch "The Voicebox" Upskilling Program for Voice-over Artists in India.
The Voicebox" aims to elevate voice-over standards through specialized training and industry insights for Indian artists.
The program will offer networking opportunities and exposure to global voice-over trends and techniques.
          ____________________________



* Gevra and Kusmunda are among the 10 largest coal mines in the south-eastern coalfields.
Gevra and Kusmunda blocks significantly contribute to India's coal supply, enhancing energy security and supporting industrial growth.
The high production volume of these mines underscores their crucial role in meeting domestic energy demands and economic stability.
          ____________________________



* Tata AIA Ranked 6th Globally in MDRT Rankings 2024.
Tata AIA’s ranking reflects its strong global presence and exceptional service quality in the insurance sector.
The 6th place in MDRT rankings highlights Tata AIA’s competitive edge and dedication to client satisfaction.
          ____________________________



* IndusInd Bank collaborates with Inspire Institute of Sport to launch 'Wrestle for Glory'.
Wrestle for Glory" will provide elite coaching and facilities to nurture wrestling talent across India.
The initiative aims to enhance India's competitive edge in wrestling by developing world-class athletes.
          ____________________________



* Kantar's Brand Inclusion Index names Google, Tata Motors, Amazon, Jio, and Apple as the most inclusive brands in India.
Companies must integrate inclusive practices to enhance brand loyalty and customer engagement in diverse markets.
Addressing inclusion gaps is essential for long-term business success and maintaining a positive brand reputation.
          ____________________________



* Chandrayaan-3 Awarded World Space Award For Historic Milestone.
Chandrayaan-3 studied rocks on the Moon's surface, estimated to be 700 crore years old.
This achievement has brought global recognition to India’s space research capabilities.
          ____________________________



* Oscar Piastri Wins F1 Title At Hungarian Grand Prix.
Piastri's victory marks a significant milestone in his F1 career and McLaren's recent success.
Norris’ self-sacrifice for team strategy highlights strong McLaren team dynamics and sportsmanship.
          ____________________________



* Kristen Michal Appointed Estonia's New Prime Minister.
Kristen Michal's appointment is expected to bring a fresh perspective to Estonia's political and economic strategies.
Michal’s leadership aims to address current national challenges and improve international relations for Estonia.
          ____________________________



* Federal Bank Appoints Krishnan Venkat Subramanian as New MD & CEO.
Krishnan Venkat Subramanian brings a wealth of experience from leading financial institutions to Federal Bank.
The appointment aims to enhance Federal Bank’s competitive edge and strategic growth in the banking sector.
          ____________________________



* European Space Agency (ESA) announces mission to study Apophis asteroid.
ESA's mission aims to deepen knowledge of asteroid structure and movements.
Apophis' close pass provides a rare opportunity for detailed scientific observation.
          ____________________________



* Telangana CM launches ₹1 lakh aid for Civil Services prelims qualifiers.
The scheme aims to ease financial burdens for civil service aspirants, boosting their preparation and success rates.
Candidates from Telangana qualifying for Mains will receive monetary support to enhance their study resources and preparation.
          ____________________________



* MOC Minister Unveils 'The Future is Now' Theme for 8th IMC.
The 8th IMC will focus on integrating AI and digital technologies into media strategies and practices.
The conference will feature keynote speeches, panel discussions, and workshops led by top media professionals and innovators.
          ____________________________



* Assam CM Launches Amrit Brikshya Andolan 2.0 App for Major Tree Plantation Drive.
The app offers real-time monitoring and reporting of tree planting progress to ensure transparency and efficiency.
Citizens can access educational resources on tree care and the importance of afforestation through the app.
          ____________________________



* PM Modi Inaugurates 46th World Heritage Committee Session.
PM Modi emphasized India's commitment to global cultural preservation and strengthening international cooperation in heritage conservation.
The 46th World Heritage Committee session marks a significant step in promoting cultural heritage worldwide.
          ____________________________



* Center approves Parandur site for development of Chennai's second airport.
The new Parandur airport will alleviate congestion at Chennai International Airport and enhance regional connectivity.
TIDCO’s site clearance marks a significant step toward developing the greenfield airport project in Tamil Nadu.
          ____________________________



* FAO repoted that India among top 3 countries in most significant forest area gains.
India’s forest conservation efforts have improved biodiversity and provided habitat for various endangered species.
Increased forest cover aids in carbon sequestration, contributing to the global reduction of greenhouse gases.
          ____________________________



* GCF Grants $215.6M to SIDBI for MSME Climate Initiatives.
The fund will help MSMEs reduce carbon footprints and enhance climate resilience.
The initiative aligns with India's national climate action plan for sustainable development.
          ____________________________



* RBI Sells ₹34 Billion Bonds as Index Inclusion Drives Inflows.
The bond sale reflects RBI's proactive approach to manage liquidity amid increased foreign investment.
Index inclusion boosts India's global financial reputation and market stability.
          ____________________________



* IRDAI revises its guidelines on commission on long-term motor insurance.
Revised guidelines align long-term motor insurance commissions with short-term policy standards for better consistency.
Insurers can now provide commissions within the expense management framework for long-term policies.
          ____________________________



* Paytm and Axis Bank Partner to Offer POS Solutions and Card Payment Devices.
The partnership will streamline payment processes for merchants, enhancing their operational efficiency and customer satisfaction.
Paytm and Axis Bank aim to leverage advanced technology to provide secure and reliable payment solutions.
          ____________________________



* Terrapay and SWIFT Partner for Global Account-to-Wallet Payments.
Enhanced security measures will reduce fraud risks in global payments, ensuring safer transactions for users worldwide.
Businesses can expect reduced transaction fees and improved efficiency in handling cross-border payments through this partnership.
          ____________________________



* Abhinav Bindra Awarded Prestigious Olympic Order By IOC.
Abhinav Bindra is honored for his contributions to the Olympic Movement and sports development.
The award recognizes Bindra’s legacy as a trailblazer for Indian athletes on the global stage.
          ____________________________



* C-DOT Partners with IIT Roorkee and IIT Mandi for Cell-Free 6G.
The initiative will focus on sustainable and energy-efficient 6G solutions.
The partnership aims to develop scalable 6G infrastructure for rural and urban connectivity.
          ____________________________



* PM Min Aung Hlaing Appointed Acting President of Myanmar.
Min Aung Hlaing’s appointment reflects ongoing military influence in Myanmar’s governance and political instability.
International community is concerned about potential impacts on Myanmar’s democratic progress and human rights situation.
          ____________________________



* Cmde D.K. Murali took over as Chairman and Managing Director of BECIL.
Cmde Murali's strategic vision aims to enhance BECIL's operational capabilities and industry impact.
His leadership is set to drive innovation and strengthen BECIL's market position.
          ____________________________



* Isro successfully conducts second test of Air Breathing Propulsion Technology.
This test validates the capability of using atmospheric oxygen, enhancing the sustainability of long-duration space missions.
Air Breathing Propulsion Technology could revolutionize satellite launches, making them more economical and environmentally friendly.
          ____________________________



* Income tax day is celebrated on 24 July 2024.
Income Tax Day also emphasizes the historical significance of tax reforms introduced during India's colonial period.
The day fosters public awareness about the role of taxes in funding government services and infrastructure.
          ____________________________



* DRDO Tests Long-Range SMART Anti-Submarine Missile Successfully.
SMART system enhances India's naval defense by extending the range of torpedo attacks against submarines.
The successful test demonstrates DRDO's advancements in integrating supersonic missiles with torpedo delivery technology.
          ____________________________



* WMO and FAO Collaborate to Boost Agricultural Early Warning Systems.
Improved early warnings will help mitigate crop losses due to unexpected weather events and climate variability.
The initiative will support sustainable agriculture by providing farmers with timely and relevant climate information.
          ____________________________



* Zimbabwe Joins UN Water Conventions to Enhance Transboundary Cooperation.
Zimbabwe’s accession will improve cross-border water management and foster collaboration on shared water resources.
The move strengthens Zimbabwe's commitment to sustainable water practices and regional environmental protection.
          ____________________________



* ADB Approves $200M Loan for Nagpur Metro Expansion.
The loan will facilitate the addition of new metro stations and routes, boosting Nagpur’s public transportation efficiency.
This investment aims to reduce urban traffic congestion and enhance the overall quality of life for residents.
          ____________________________



* Cashfree is the first entity to obtain an RBI cross-border payment aggregator license.
Cashfree’s license enables seamless cross-border transactions for Indian businesses, boosting global trade and commerce efficiency.
This regulatory approval enhances Cashfree’s competitive edge in the international payments market, driving innovation and growth.
          ____________________________



* Indian Oil Corporation and the Indian Navy have signed an MoU to promote hydrogen e-mobility.
The MoU will facilitate research and development in hydrogen technologies for both defense and civilian use.
This collaboration aims to reduce the carbon footprint and promote the adoption of clean energy solutions.
          ____________________________



* Shah Rukh Khan First Bollywood Actor to Receive Custom Gold Coin from Grevin Museum Paris.
The gold coin features Shah Rukh Khan's iconic poses, reflecting his influence and legacy in cinema.
This honor underscores the global recognition of Bollywood’s impact on international culture and entertainment.
          ____________________________



* GSL Launches Yard 1258 Triput as First Indigenous Advanced Frigate for Indian Navy.
Triput' is designed to meet modern naval requirements with state-of-the-art weaponry and technology.
The launch signifies a boost in India’s naval self-reliance and enhances its strategic maritime capabilities.
          ____________________________



* IOA ropes in BPCL as principal sponsor for four years.
BPCL’s sponsorship will focus on grassroots development and enhancing athlete training programs across India.
The collaboration underscores IOA's strategic push to secure long-term partnerships for sustainable sports growth.
          ____________________________



* World drowing prevention day is celebrated on 25 July 2024.
Educational workshops were held to teach water safety skills and emergency response techniques to communities globally.
          ____________________________



* TOLIC Wins Rajbhasha Gaurav and Nagar Rajbhasha Awards.
Tolic's innovative initiatives in Hindi language education have been instrumental in securing these awards.
The recognition underscores the growing importance of promoting Hindi at both regional and municipal levels.
          ____________________________



* Arunachal Pradesh Dy CM presents Rs 993 crore deficit budget for FY25.
The budget outlines plans to enhance infrastructure and public services despite the large fiscal shortfall.
The government aims to secure funding through various sources to mitigate the impact of the deficit.
          ____________________________



* According to UNAIDS Report 39.9 Million People Living with HIV Globally in 2023.
UNAIDS urges increased funding for HIV prevention and treatment globally.
HIV/AIDS awareness campaigns are crucial in reducing stigma and discrimination.
          ____________________________



* RBI cancels licence of Uravakonda Co-Operative Town Bank Ltd., Andhra Pradesh.
The bank's financial position had deteriorated significantly, leading to the cancellation.
The RBI aims to ensure the stability of the financial sector through such actions.
          ____________________________



* Ministry of Steel Launches SIMS 2.0 Portal and Safety Guidelines Volume 2.
SIMS 2.0 portal provides real-time import data, aiding policy formulation.
Updated safety guidelines aim to reduce accidents in steel manufacturing.
          ____________________________



* MoC released a commemorative postage stamp on the 100th birth anniversary of legendary singer Mukesh.
Mukesh's iconic songs like "Kabhie Kabhie" and "Maine Tere Liye Hi Saat Rang Ke Sapne Chhode" featured on the stamp.
The stamp release aims to inspire new generations to appreciate and celebrate classic Indian music and its legends.
          ____________________________



* IAEA and UNOSSC partner to enhance South-South cooperation.
The partnership will focus on enhancing technical expertise and sharing best practices for sustainable energy solutions.
This initiative aims to strengthen institutional capacities and promote innovative approaches to tackle development challenges effectively.
          ____________________________



* RBI issues revised framework for domestic money transfer.
The new framework introduces advanced fraud detection measures to safeguard transactions from unauthorized activities.
Enhanced interoperability between different payment systems aims to provide a seamless user experience across platforms.
          ____________________________



* Curator Rahaab Allana Receives France's Officier dans l'Ordre des Arts et des Lettres.
Rahaab Allana receives France's Officier dans l'Ordre des Arts et des Lettres for his global contributions to art.
The Officier dans l'Ordre des Arts et des Lettres title is a prestigious acknowledgment from France, underscoring Allana's role in advancing the global art scene.
          ____________________________



* Nita Ambani Re-Elected as IOC Member for Paris 2024 Olympics.
Nita Ambani’s re-election strengthens India’s influence in the Olympic movement and international sports policy decisions.
Her continued role supports initiatives for global sports growth and greater inclusivity in Olympic events.
          ____________________________



* Filmmaker Shekhar Kapur appointed IFFI festival director.
Kapur’s appointment signals a renewed focus on global cinematic trends and innovative programming at IFFI.
The festival is expected to feature a broader selection of international films under Kapur’s direction.
          ____________________________



* CCI approves equity stake allotment in Aakash to Ranjan Pai’s Manipal Group.
Manipal Group aims to leverage Aakash's established network to expand its footprint in the test preparation market.
This partnership is set to bring innovative educational solutions and technologies to students across various regions.
          ____________________________



* IOC Elects French Alps for 2030 Winter Games, Salt Lake City-Utah for 2034.
French Alps' selection boosts local tourism and winter sports economy.
Salt Lake City aims to build on 2002 Games' legacy.
          ____________________________



* Veteran Marathi Writer Father Francis D’Britto Dies At 81.
Father Francis D’Britto’s literary work often highlighted social justice and cultural heritage.
He was widely respected for his contributions to Marathi drama and storytelling.
          ____________________________



* Himachal CM releases 'Ek Refugee Scientist' autobiography.
The autobiography reflects the personal and professional growth of a refugee-turned-scientist.
The event highlighted the importance of resilience and dedication in achieving one’s goals.
          ____________________________



* The Indian Home Ministry has taken over the chairmanship of the Asian Disaster Preparedness Center (ADPC).
India's chairmanship at ADPC reflects its growing influence in regional disaster risk reduction efforts.
The move strengthens regional cooperation for effective disaster management and response strategies.
          ____________________________



* International day for conservation of the mangrove ecosystem is celebrated on 26 July 2024.
Mangroves protect coastal areas from erosion and support diverse wildlife, crucial for ecological balance.
Preservation efforts for mangroves are vital for mitigating climate change impacts and safeguarding marine biodiversity.
          ____________________________



* Telangana FM presents Rs 2.91 lakh crore budgets.
The budget includes substantial investments in technology and innovation to drive economic growth and modernization.
Enhanced focus on sustainable development and environmental protection with dedicated funds for green projects.
          ____________________________



* DGFT Simplifies Export Promotion Capital Goods Scheme for Enhanced Business Efficiency.
Simplified procedures aim to reduce delays and costs associated with importing capital goods for export production.
The changes are expected to attract more investments in advanced technology, enhancing overall industrial productivity.
          ____________________________



* HLC Approves Disaster Mitigation and Capacity Building Projects for States.
The projects will enhance state-level disaster response capabilities and infrastructure resilience to withstand extreme weather events.
Funding will support training programs for local officials and community groups to improve emergency preparedness and management.
          ____________________________



* Govt extends Electric Mobility scheme, increases outlay to Rs 778 crore.
The scheme extension will support local EV manufacturers and encourage research in battery technology.
Increased funding aims to make electric vehicles more affordable for consumers.
          ____________________________



* Rashtrapati Bhavan’s Durbar Hall Renamed As Ganatantra Mandap, Ashok Hall As Ashok Mandap.
The renaming reflects a modernization effort to better align with India's republican values and historical significance.
The change enhances the cultural identity of Rashtrapati Bhavan, integrating contemporary themes with historical context.
          ____________________________



* India's first integrated agri export facility to come up at Jawaharlal Nehru Port Mumbai.
It will handle exports of non-basmati rice, maize, spices, onions, and wheat and support meat and marine product exporters outside Mumbai.
The facility will feature advanced technology for efficient processing and storage of agricultural commodities.
          ____________________________



* Insurtech startup Covrzy gets broking license from IRDAI.
Covrzy's new license will help it form partnerships with insurers, broadening its service offerings.
The approval boosts Covrzy's market competitiveness, positioning it as a prominent player in the insurtech sector.
          ____________________________



* RBI cancels licence of Mahabhairab Coop Urban Bank, Tezpur.
The affected depositors will be compensated as per the guidelines of the Deposit Insurance and Credit Guarantee Corporation (DICGC).
The RBI has appointed a liquidator to oversee the orderly liquidation of the bank’s assets and liabilities.
          ____________________________



* EQT Private Cap Asia exits RBL Bank and sells entire stake for Rs 1,091 cr.
The transaction represents a strategic shift for EQT Private Capital Asia in its investment portfolio.
The average sale price of Rs 228.08 per share reflects current market valuation.
          ____________________________



* International team including professor from IIT Kanpur discovered a giant exoplanet around a Sun-like star.
The exoplanet's size and orbit offer clues about planetary system formation around sun-like stars.
The discovery enhances our understanding of exoplanet diversity and habitable zones in distant galaxies.
          ____________________________



* 86th CRPF foundation day is celebrated on 27 july 2024.
The CRPF showcased its advancements in technology and strategy for enhancing national security during the celebration.
Special awards were presented to outstanding CRPF personnel for their exceptional service and bravery.
          ____________________________



* 86th CRPF foundation day is celebrated on 27 july 2024.
The CRPF showcased its advancements in technology and strategy for enhancing national security during the celebration.
Special awards were presented to outstanding CRPF personnel for their exceptional service and bravery.
          ____________________________



* Odisha govt presents Rs 2.65 lakh crore budget for FY'25.
The budget introduces tax incentives to boost small businesses and startups in Odisha.
Increased funds are allocated for environmental conservation projects and renewable energy initiatives.
          ____________________________



* IN-SPACe Approves Azista BST's Satellite Tracking Facility in Hyderabad.
The Hyderabad facility will enable advanced satellite communication and improve India's space tracking infrastructure.This move supports India's goal of enhancing its space technology and monitoring capabilities for better mission outcomes.
          ____________________________



* 3 Indian Destinations Featured in TIME Magazine's World's Greatest Places of 2024.
Jaipur, Rishikesh, and Mumbai are recognized for their exceptional contributions to global tourism and visitor experiences.
          ____________________________



* India Ranks Second in Non-Tariff Measures Usage in 2023, According to WTO-UNCTAD WTP 2024.
India's Ranking: India was the second-largest user of non-tariff measures globally in 2023, according to the WTO-UNCTAD World Trade Profile 2024.
The extensive application of non-tariff measures by India reflects its strategy to protect domestic industries and manage international trade effectively.
          ____________________________



* RBI selects 5 entities under its regulatory sandbox scheme.
The sandbox provides a safe environment to test innovative financial solutions before broader market implementation.
It encourages startups and fintech firms by offering regulatory flexibility and support during the testing phase.
          ____________________________



* RBI imposes a monetary penalty on three payment system operators.
The Reserve Bank of India has imposed penalties on three payment system operators, namely Visa Worldwide,, Ola Financial Services, and Manappuram Finance, for the companies failure to adhere to regulatory compliance.
          ____________________________



* HSBC Mutual Fund Launches #Sirkodopromotion.
HSBC’s #Sirkodopromotion offers exclusive incentives for early investors to maximize returns on mutual fund investments.
The campaign includes personalized financial advice and enhanced support to help investors make informed decisions.
          ____________________________



* Aditya Birla Group enters jewellery market with ₹5,000 Crore brand Indriya.
Indriya aims to leverage Aditya Birla Group's strong retail network for widespread distribution and market penetration.
The brand plans to incorporate sustainable practices in its jewellery production, aligning with global environmental standards.
          ____________________________



* Rigoberta Menchú Tum and Victor González Torres Receive Gandhi Mandela Award 2020.
The Gandhi Mandela Award recognizes leaders dedicated to human rights and humanitarian work globally.
Menchú Tum's and González Torres' work has significantly impacted marginalized communities worldwide.
          ____________________________



* Lewis Hamilton Triumphs in 2024 Belgian Grand Prix for Mercedes.
Mercedes secures a critical win, enhancing their standing in the Constructors' Championship race.
Hamilton's victory highlights his continued dominance and strategic excellence in the 2024 season.
          ____________________________



* Jamsetji Tata's Corporate Success Strategies New Book to be Released Soon.
The book highlights Jamsetji Tata's innovative leadership techniques and their impact on modern corporate strategies. It provides actionable insights for business leaders to emulate Tata's success and drive organizational growth.
          ____________________________



* World hepatitis day is celebrated on 28 July.
World Hepatitis Day is observed annually on July 28 to raise awareness about hepatitis and encourage prevention, diagnosis, and treatment.
          ____________________________



* DoP Issues Commemorative Stamp for 25th Kargil Vijay Diwas Rajat Jayanti.
The stamp release honors the sacrifices of Kargil War heroes and reinforces national pride and remembrance.
It highlights India's resilience and military achievements during the 1999 conflict, fostering historical awareness.
          ____________________________



* World nature conservation day is celebrated on 28 July.
The day highlights the urgent need to combat environmental issues and support sustainable practices worldwide.
It promotes global efforts to protect ecosystems and natural habitats from harmful human activities and climate change.
          ____________________________



* International tiger day is celebrated on 29 July.
The day aims to combat tiger poaching and habitat destruction through increased global awareness and conservation efforts.
It encourages support for wildlife reserves and anti-poaching initiatives to ensure the survival of tiger populations.
          ____________________________



* BIS and GBPUAT Sign MoU to Develop Standardized Agriculture Demonstration Farm.
The MoU will facilitate the transfer of advanced agricultural technologies to improve farm efficiency and yield.
The collaboration aims to provide hands-on training and resources for farmers to adopt innovative practices.
          ____________________________



* SEBI unveils chatbot ‘SEVA’ for investors.
SEVA offers round-the-clock access to investment information and personalized responses, improving regulatory compliance and issue resolution efficiency.
The chatbot will enhance accessibility to SEBI's services, making it easier for investors to seek assistance.
          ____________________________



* Shriram Group Receives RBI Approval to Enter Asset Reconstruction Sector.
Shriram Group plans to leverage its expertise to enhance asset management and recovery processes.
The approval supports Shriram's strategy to diversify into financial services beyond traditional sectors.
          ____________________________



* ICICI Lombard Partners Karnataka Bank For Bancassurance.
Karnataka Bank customers will benefit from ICICI Lombard’s tailored insurance plans, enhancing financial security.
The alliance strengthens ICICI Lombard’s distribution channel, increasing accessibility to insurance products across Karnataka.
          ____________________________



* India likely to grow at 7.5% in FY25.
Government's focus on infrastructure projects and digital transformation will drive economic growth and job creation.
Increased foreign investment and export growth are expected to boost India’s economic performance in FY25.
          ____________________________



* World ranger day is celebrated on 31 July.
Rangers often face dangerous conditions while performing their duties to protect endangered species and ecosystems.
World Ranger Day highlights the need for better support and resources for rangers in their conservation efforts.
          ____________________________



* Union Minister Jitendra Singh Receives Lifetime Achievement Award.
Jitendra Singh's award highlights his significant impact on policy-making and administrative efficiency in Indian governance.
The recognition underscores Singh's role in advancing technology and development initiatives in his ministerial capacity.
          ____________________________



* President Droupadi Murmu Appoints 6 New Governors, Reshuffles 3, and Designates New Lieutenant Governor for Puducherry.
The new governors bring diverse experience to enhance state governance and address regional issues effectively.
The Lieutenant Governor appointment aims to improve administration and coordination in Puducherry's local government.
          ____________________________



* UltraTech Acquires 32.72% Stake in India Cements for ₹3,954 Crore.
The acquisition enhances UltraTech’s control over the cement market and expands its operational footprint across India.
This strategic move aims to boost UltraTech’s market share and strengthen its competitive positioning in the sector.
          ____________________________



* Heartbreak for Harmanpreet's India as Sri Lanka win maiden Women's Asia Cup title.
Sri Lanka's victory highlights the growing strength and competitiveness of women's cricket in the region.
Harmanpreet’s leadership remains commendable despite the loss, showcasing her resilience and skill throughout the tournament.
          ____________________________



* DAC Approves Acquisition to Boost Indian Army and Coast Guard Capabilities.
Boosted maritime security measures to protect India's coastline and territorial waters.
Strengthening military infrastructure for rapid deployment in border regions.
          ____________________________



* Ministry of Earth Sciences Celebrates 18th Foundation Day, Releases Key Publications for Public Benefit.
MoES highlights advancements in climate research with new publications.
Celebrations included presentations on recent achievements and future scientific goals.
          ____________________________



* IDEX & AFMS Sign MoU for Medical Innovations and Research.
The MoU aims to advance medical technology for defense applications and improve healthcare for armed forces personnel.
Joint projects will focus on developing innovative medical solutions and integrating them into military health systems.
          ____________________________



* Union Minister Monohar Lal Inaugurates NFMS Control Centre at REC Limited.
The NFMS Control Centre will facilitate real-time financial data analysis and reporting for better oversight.
The inauguration underscores the government's commitment to enhancing digital infrastructure in public sector organizations.
          ____________________________



* MSDE Revamps Model Skill Loan Scheme, Raises Limit to Rs 7.5 Lakh.
The increased loan limit will cover more comprehensive skill training programs and related expenses.
The revamped scheme supports the government's goal of enhancing vocational skills and reducing unemployment rates.
          ____________________________



* SIDBI Partners C2Treds and Ugro Capital to Boost MSME Loans.
This partnership aims to reinforce the financial backbone of India's MSME sector, driving economic growth.
The collaboration introduces advanced financing tools, ensuring MSMEs receive timely and adequate funding.
          ____________________________



* TPSL and BOI collaborated to finance the solar energy system.
The partnership aims to make solar power investments more affordable and accessible for diverse customer segments.
Customers will benefit from streamlined financing options, making it easier to adopt solar technology.
          ____________________________



* Rapido becomes unicorn with $120 million fresh funding from WestBridge.
Rapido plans to diversify services beyond bike taxis, including scooter rentals and logistics solutions.
The company aims to enhance user experience with advanced safety features and app improvements.
          ____________________________



* KIIT Awarded Special Consultative Status by UN ECOSOC.
KIIT’s status enables collaboration with global policymakers, enhancing its role in shaping international development agendas.
The recognition reflects KIIT’s commitment to addressing global challenges through research, advocacy, and partnership with international bodies.
          ____________________________



* IRS Officers Prabodh Seth and Ramesh Narain Parbat Appointed as CBDT Members.
Prabodh Seth and Ramesh Narain Parbat’s appointment aims to strengthen tax policy formulation and implementation.
Their experience is expected to enhance transparency and efficiency within the CBDT.
          ____________________________



* International friendship day is celebrated on 30 july 2024.
Global events encouraged people to forge new friendships and strengthen existing ones.
Social media campaigns highlighted the value of diverse friendships and community connections.
          ____________________________



* UP govt presents Rs 12,909 cr supplementary Budget for FY25 in Assembly.
The supplementary budget includes provisions for upgrading rural infrastructure and enhancing public healthcare facilities across Uttar Pradesh.
This additional allocation aims to support ongoing development projects and address pressing financial challenges faced by the state.
          ____________________________



* Andhra Pradesh Government Renames 6 Student Welfare Schemes After Notable Educators.
The renaming aims to raise awareness about the impact of these educators on the educational system.
The renamed schemes are expected to boost student engagement and motivation by connecting with historical figures.
          ____________________________



* Education Minister Launches NATS 2.0 and Disburses Rs. 100 Crore Stipends.
NATS 2.0 integrates digital tools to streamline apprenticeship tracking and enhance learning outcomes.
The scheme aims to create stronger industry-academia partnerships, fostering better job opportunities for graduates.
          ____________________________



* World wide web day is celebrated on 1st August 2024.
Celebrations included discussions on internet governance and digital rights, emphasizing the need for a free and open web.
Educational workshops focused on the evolution of web technologies and their influence on modern life.
          ____________________________



* 1st STI conclave on traditional knowledge for sustainable livelihoods organized jointly by ISTIC-UNESCO & CSIR.
The conclave emphasized the importance of blending traditional practices with modern technology for effective sustainability solutions.
It showcased collaborative projects that successfully integrate traditional knowledge with contemporary scientific research for community benefits.
          ____________________________



* India elected as vice-chain of supply chain council in IPEF initiative.
India's election highlights its growing role in global trade and logistics, boosting its international strategic influence.
The position will enable India to contribute to shaping global supply chain policies and enhancing trade efficiencies.
          ____________________________



* G20 Finance Ministers agree to work toward effectively taxing the super-rich.
The agreement emphasizes closing tax loopholes and enhancing transparency in international tax systems.
The G20 will collaborate on standardizing tax regulations to prevent aggressive tax planning by the ultra-wealthy.
          ____________________________



* RBI Releases Currency and Finance Report 2023-24.
The report details the impact of global economic conditions on India’s financial stability and growth prospects.
It underscores the RBI’s efforts to enhance monetary policy frameworks and ensure effective financial regulation.
          ____________________________



* SEBI Launches India's First Web Portal for Passive Funds and Unveils Capital Markets Report.
The web portal aims to streamline investment processes and enhance investor education in passive funds.
SEBI's report focuses on improving market infrastructure and investor protection, ensuring a more robust capital market.
          ____________________________



* InsuranceDekho Enters India's Reinsurance Broking Sector with Composite License.
The composite license allows InsuranceDekho to expand its portfolio to include reinsurance solutions for multiple sectors.
InsuranceDekho's entry into reinsurance aims to enhance industry standards and provide tailored solutions for complex risks.
          ____________________________



* Former Health Secretary Preeti Sudan To Take Charge As UPSC Chairperson.
Preeti Sudan’s appointment is expected to enhance the UPSC’s efficiency in conducting civil services examinations.
Her tenure will focus on improving transparency in the selection process for various central service positions.
          ____________________________



* Robert Keith Rae Appointed Canada's Ambassador to UN ECOSOC.
Rae will play a crucial role in shaping global economic policies through ECOSOC's various initiatives.
His appointment strengthens Canada’s strategic position in international economic and social discussions.
          ____________________________



* CCI Approves Merger of MCFL with PPL & Acquisition of MCFL Shares by ZMPPL.
The merger is expected to create a stronger market player with expanded resources and capabilities.
The acquisition by ZMPPL is likely to enhance MCFL's financial stability and growth prospects.
          ____________________________



* Yuki Bhambri, Albano Olivetti Clinch Men’s Doubles Title At ATP Swiss Open.
Yuki Bhambri and Albano Olivetti’s win boosts their ATP doubles rankings and strengthens their future tournament prospects.
The ATP Swiss Open title is a significant achievement for Bhambri and Olivetti, showcasing their successful partnership.
          ____________________________



* World lung cancer day is celebrated on 1st August.
Public Health Initiatives: Highlighting the role of public health campaigns in reducing lung cancer incidence and promoting healthy lifestyles.
Support for Patients: Emphasizing the importance of providing support and resources for individuals diagnosed with lung cancer.
          ____________________________



* 46th World Heritage Committee Meeting in New Delhi Inscribes 26 New Heritage Sites.
India emphasized cultural diversity, advocating for more recognition of underrepresented heritage sites.
The meeting also discussed enhancing global collaboration for heritage preservation.
          ____________________________



* UK Foreign Secretary David Lammy to Arrive for Talks with FTA and Security Issues Topping the Agenda.
The visit aims to enhance economic ties and explore new trade opportunities between the UK and India.
Security cooperation discussions will address regional stability and counter-terrorism efforts.
          ____________________________



* Curacao Becomes the 6th Associate Member of CARICOM
Curacao’s membership aims to boost trade and economic collaboration within the Caribbean region.
CARICOM's expansion enhances regional unity and strengthens collective efforts on shared challenges.
          ____________________________



* Kotak Mahindra Bank and GOQii Launch Smartwatch for Contactless Payments.
The smartwatch supports both NFC and QR code payments, offering versatile transaction methods.
Users benefit from enhanced security features like biometric authentication for added protection.
          ____________________________



* RBL Launches RuPay Credit Card with UPI and NCMC Features.
The card supports contactless transactions, enhancing security and speed for everyday purchases.It provides exclusive rewards and benefits tailored to frequent users.
          ____________________________



* Swift Partners with Axis Bank to Launch AI Pilot for Tackling Payment Fraud.
The AI pilot aims to enhance transaction security by identifying unusual patterns and preventing fraudulent activities effectively.
Axis Bank's collaboration with Swift represents a significant advancement in using technology for fraud detection and prevention.
          ____________________________



* Paytm launches NFC card soundbox with integrated card payment system.
The soundbox supports multiple card networks, ensuring broad compatibility for diverse payment methods.
Merchants can track transactions in real-time through the Paytm app, offering enhanced financial management.
          ____________________________



* CWC Wins GEEF Global Water Tech Award 2024 for Excellence in Water Management.
CWC’s innovative water management techniques have set a benchmark for global standards in water technology.
The award highlights CWC’s role in advancing sustainable water solutions amid growing environmental challenges.
          ____________________________



* China to Build the World’s First Thorium Molten Salt Nuclear Power Plant in the Gobi Desert.
The plant will be a major step in advancing China’s nuclear technology and energy independence. Construction is expected to begin soon, with a focus on safety and reducing radioactive waste.
          ____________________________



* Former Lebanese Prime Minister Salim Ahmad al-Huss Passes Away.
Al-Huss's tenure was marked by significant reforms aimed at economic recovery and political stability in Lebanon.
His passing has sparked a period of national mourning, with tributes pouring in from international and local figures.
          ____________________________



* 14th indian organ donation day is celebrated on 3 August.
The day emphasizes overcoming myths and misconceptions surrounding organ donation to boost donor registrations.
The event features stories from recipients and families, illustrating the life-changing impact of organ transplants.
          ____________________________



* World breast feeding day is celebrated on 1st to 7th August 2024.
The week also features community events promoting breastfeeding-friendly environments in public spaces and workplaces.
Special support groups offer guidance and assistance to new mothers struggling with breastfeeding challenges.
          ____________________________



* Union Minister Jyotiraditya M. Scindia and MoS Pemmasani Chandra Sekhar Inaugurate NOC (Network Operation Center) at C-DOT.
The NOC will enhance real-time monitoring and troubleshooting capabilities for telecommunication networks.The center aims to support the expansion of digital services and infrastructure.
          ____________________________



* TRAI releases revised Standards of Quality of Service for Access and Broadband Services.
TRAI introduces new benchmarks for network reliability and customer satisfaction in the revised QoS standards.
Enhanced monitoring and reporting mechanisms will ensure compliance and timely resolution of service issues.
          ____________________________



* Germany joins UN Command as 18th member state.
Germany's membership brings additional resources and expertise to UNC's peacekeeping and crisis management operations.
The inclusion strengthens international alliances, showcasing Germany's active role in global security initiatives.
          ____________________________



* World Bank and the government have signed an agreement for a $500 million project to develop green highways.
The project supports India's broader climate change mitigation strategy.
The agreement underscores the dedication of both the World Bank and India to sustainable development and environmental protection.
          ____________________________



* RBI issues revised Master Directions on Fraud Risk Management for Regulated Entities.
Updated guidelines emphasize mandatory fraud risk assessments and regular audits for all regulated entities.
Institutions must implement advanced technology for real-time fraud detection and reporting under new RBI directions.
          ____________________________



* HDFC securities Partners with Vested Finance to Offer Access to Global Investing for Indians and NRIs.
The partnership offers Indian and NRI investors access to a wider range of global financial instruments.
Users can benefit from a user-friendly interface and seamless investment experience through the collaboration.
          ____________________________



* Amazon Pay, Adyen, and Billdesk Secure PA-CB License from RBI.
The PA-CB license strengthens regulatory oversight and promotes transparency in digital payment systems in India.
The new license facilitates smoother integration of digital payment solutions for businesses, enhancing overall market efficiency.
          ____________________________



* Bibhuti Bhusan Nayak Elected as President of ICMAI.
Nayak has over 25 years of experience in cost accounting.He aims to modernize ICMAI's approach.
          ____________________________



* Bibhuti Bhusan Nayak Elected as President of ICMAI.
Nayak has over 25 years of experience in cost accounting.He aims to modernize ICMAI's approach.
          ____________________________



* PCB chairman Mohsin Naqvi will become the next Asian Cricket Council (ACC) president.
Naqvi’s tenure as ACC President will influence the future of cricket tournaments in Asia.
ACC aims to enhance cooperation among ACC member countries and promote cricket at the grassroots level.
          ____________________________



* Six New Species of Bent-Toed Gecko Discovered in Northeast India.
The newly discovered geckos reveal significant ecological diversity in northeast India’s unique habitats.
Conservation initiatives in northeast India become even more critical to protect these newly identified species.
          ____________________________



* RBI Approves Re-Appointment of Inderjit Camotra as Unity SFB Chief for Two Years.
Inderjit Camotra's re-appointment signifies continuity in leadership and strategic direction for Unity SFB's growth.
The decision highlights RBI's confidence in Unity SFB's management and its future stability.
          ____________________________



* ACC Announces India as Host for Men's T20 Asia Cup 2025 and Bangladesh for Men's ODI Asia Cup 2027.
India and Bangladesh’s hosting rights showcase their growing influence in international cricket and ability to handle major events.
Tournaments will provide a platform for emerging talent and enhance cricket’s popularity in the subcontinent.
          ____________________________



* CCEA Approves 8 High-Speed Road Corridors Across India at ₹50,655 Crore.
The high-speed corridors will reduce travel time significantly, enhancing efficiency in both passenger and freight transportation.
The projects are expected to generate employment opportunities and boost local economies through improved infrastructure.
          ____________________________



* PM Narendra Modi Inaugurates 32nd International Conference on Advances in Engineering (ICAE) in New Delhi.
The conference highlights India’s growing role in global engineering innovation and research advancements.
Prominent engineers and scientists will share insights on future trends and technological breakthroughs.
          ____________________________



* RBI Revises Instructions on BDDR for Cooperative Banks to Ensure Uniformity.
Revised BDDR instructions aim to enhance financial transparency and uniformity in reporting across cooperative banks.
The update will address existing discrepancies and ensure consistent dividend recommendations and disclosures.
          ____________________________



* Government of Nagaland Signs MoU with SBI General Insurance on Disaster Risk Management Solutions.
The MoU aims to improve disaster preparedness and response with tailored insurance solutions for Nagaland’s unique challenges.
SBI General Insurance will work with the government to enhance risk management strategies and community resilience.
          ____________________________



* Thomas Cook India Partners with NPCI to Launch RuPay Forex Card for UAE.
The card supports contactless payments, enhancing convenience for quick transactions in the UAE.
It offers real-time transaction alerts, ensuring better security for travelers.
          ____________________________



* IIT Madras partners with IDBI Bank to launch Cybersecurity Lab.
The Cybersecurity Lab will provide hands-on training and research opportunities for students and professionals in cybersecurity.
The collaboration aims to address specific cyber threats and enhance the security measures for financial transactions.
          ____________________________



* Sashastra Seema Bal (SSB) DG Daljit Singh Chawdhary Takes Over Additional Charge as DG of BSF.
Chawdhary’s extensive experience in security management will enhance the effectiveness of the BSF’s border operations.
The additional charge signifies a strategic move to streamline leadership and coordination between SSB and BSF.
          ____________________________



* ISRO Selects Two New Crew Members for Axiom-4 Mission to the International Space Station.
The Axiom-4 mission represents ISRO’s continued collaboration with international partners for advanced space research.
The astronauts will participate in high-profile experiments, enhancing scientific understanding and technology.
          ____________________________



* Padma Awardee and Renowned Indian Classical Dancer Yamini Krishnamurthy Passes Away at Age 82.
Yamini Krishnamurthy's innovative choreography influenced a new generation of dancers, preserving classical traditions.
Her legacy includes numerous awards and honors, reflecting her dedication and transformative impact on Indian classical dance.
          ____________________________



* Piyush Goyal Launches ‘India@100’ by Prof. K V Subramanian, Envisions India as a Developed Nation by 2047.
Goyal highlighted the strategic importance of Subramanian’s insights for shaping India’s future economic policies and growth trajectory.
The book proposes innovative strategies to achieve sustainable development and economic resilience in the face of global challenges.
          ____________________________



* National bone & joint day is celebrated on 4 August 2024.
The day emphasizes preventive care and early treatment to avoid severe musculoskeletal conditions.
Various health campaigns focused on educating people about bone-strengthening activities and nutrition.
          ____________________________



* Dinesh Karthik appointed SA20 League ambassador.
Karthik’s appointment is part of SA20's strategy to boost engagement and attract a global audience.
The league aims to leverage Karthik’s popularity to create a strong connection with cricket fans worldwide.
          ____________________________



* MoHFW Issues Standard Operating Procedures (SOPs) for Transporting Human Organs via Various Modes of Travel.
The SOPs emphasize the importance of real-time monitoring during organ transport to prevent potential delays.
Special provisions are made for prioritizing organ transport during peak traffic or emergency situations.
          ____________________________



* Government declares Adichunchanagiri in Karnataka and Choolannuar in Kerala as Peacock Sanctuary.
The sanctuaries will include educational programs to raise awareness about peacock conservation among local communities.
The government plans to monitor and research peacock populations to ensure the effectiveness of conservation efforts.
          ____________________________



* LIC introduces term insurance products for youth.
LIC’s new term insurance products offer tailor-made solutions for young professionals starting their financial planning journey.
The launch aims to foster early investment habits among youth, ensuring long-term financial stability and protection.
          ____________________________



* SEBI sets norms for MFs to value AT-1 bonds.
SEBI's guidelines mandate regular audits of AT-1 bond valuations to ensure compliance and accuracy.
The new norms require mutual funds to disclose valuation methods and risks associated with AT-1 bonds.
          ____________________________



* SBI Approves ₹25,000 Crore Fundraising Plan via Tier-1 and Tier-2 Bonds.
SBI's fundraising will enhance its ability to absorb potential financial shocks and support future growth initiatives.
The bond issuance aligns with SBI's strategy to strengthen its balance sheet amid evolving regulatory challenges.
          ____________________________



* BHEL Revives First-Ever Methanol Firing Demonstration Order in Gas Turbine at Kayamkulam CCPP.
The methanol demonstration aims to test fuel efficiency and performance in gas turbines under real operating conditions.
BHEL's initiative supports India's goal of reducing greenhouse gas emissions and advancing cleaner energy technologies.
          ____________________________



* Lt Gen Vikas Lakhera assumes charge as DG of Assam Rifles.
General Lakhera’s appointment underscores the government's commitment to enhancing border security and counter-insurgency operations in Northeast India.
His vast experience in military operations is expected to drive effective strategies for maintaining peace in volatile regions.
          ____________________________



* Carlyle Group likely sells stake in PNB Housing Finance via block deal.
Carlyle’s exit aims to optimize its investment portfolio and focus on other opportunities.
Institutional investors may drive significant demand in the upcoming block deal.
          ____________________________



* IAF Grants Clearance to DRDO and BDL for Production of Astra Mark-1 Missiles.
The Astra Mark-1 enhances India's ability to engage enemy aircraft at greater distances with precision.
The production clearance supports India's goal of self-reliance in defense technology and reduces dependency on imports.
          ____________________________



* China’s SSST Launches First 18 Satellites for Megaconstellation from Tianjin Satellite Launch Center (TSLC).
The deployment of these satellites aims to bolster China's global satellite network capabilities and enhance data security.
SSST’s megaconstellation will provide improved internet coverage in remote areas, supporting global digital connectivity.
          ____________________________



* Padma Bhushan Awardee and Renowned Social Worker Shobhana Ranade Passes Away at Age 89.
Shobhana Ranade's pioneering efforts in rural development significantly impacted countless communities across India.
Her legacy continues to inspire future generations of social workers and activists.
          ____________________________



* Chief Justice Chandrachud Launches e-DHCR Portal for Reporting Delhi High Court Judgments.
The e-DHCR portal will aid legal professionals in tracking and analyzing court decisions more efficiently.
This digital advancement supports the judiciary’s push towards greater technological integration and accessibility.
          ____________________________



* Jharkhand CM Hemant Soren Launches Upasthiti Portal to Ensure Healthcare Attendance.
The portal enables real-time tracking of healthcare staff, ensuring prompt attendance and reducing absenteeism.
Enhanced data collection through the portal supports better decision-making and policy formulation in healthcare.
          ____________________________



* India's First Multinational Air Exercise 'Tarang Shakti' Begins at Sulur, Tamil Nadu.
Participating countries include major global powers, highlighting the exercise's significance in international military collaboration.
Tarang Shakti also focuses on humanitarian assistance and disaster relief operations, emphasizing non-combat roles.
          ____________________________



* Govt reconstitutes NIPCCD's Executive Council, General Body after 5 decades.
Enhanced Collaboration: The reconstitution aims to foster better collaboration between government bodies and child welfare organizations.
Modernization Efforts: The move is part of broader efforts to modernize child development policies and improve program implementation.
          ____________________________



* RIL Advances to 86th in Fortune Global 500 for 2024; Walmart Leads for 11th Consecutive Year.
RIL’s progress reflects its growing market influence and expanding global presence.
Walmart’s continued top position highlights its sustained revenue and global dominance.
          ____________________________



* Nehru Group and Global Education Outreach Mauritius Sign MoU for Educational Collaboration.
The MoU will promote cross-border learning initiatives and innovative teaching methodologies between India and Mauritius.
Joint workshops and seminars will be organized to enhance educational standards and share best practices.
          ____________________________



* IFC, ADB, DEG Consortium invests $275 million in Fourth Partner Energy.
The investment will support the development of large-scale solar projects, boosting renewable energy capacity in emerging markets.
This funding enhances Fourth Partner Energy’s capability to deliver sustainable energy solutions and achieve long-term growth.
          ____________________________



* RBI issues Master Direction on treatment of Wilful Defaulters and Large Defaulters.
Banks must enhance monitoring mechanisms for early detection of wilful and large defaulters.
The directions mandate stricter reporting and compliance measures to curb default rates.
          ____________________________



* SEBI Amends Mutual Fund Rules to Curb Front-Running and Insider Trading.
SEBI's new rules impose penalties for violations to deter market manipulation and unethical practices in mutual funds.
Enhanced disclosure requirements will ensure investors receive timely information on fund transactions and potential conflicts of interest.
          ____________________________



* Muthoot Capital Services Partners with UK Financial Institution to Boost Electric Vehicle Portfolio.
The partnership aims to expand Muthoot Capital's EV infrastructure and financing options across India.
The collaboration will foster innovation and accelerate the growth of the electric vehicle ecosystem in the country.
          ____________________________



* CIL and GAIL Sign Joint Venture to Establish Coal-to-SNG Plant in West Bengal.
The joint venture will invest significantly in technology for efficient coal-to-SNG conversion and reduce emissions.
The project aligns with India’s strategy to enhance domestic energy production and cut greenhouse gas emissions.
          ____________________________



* Nobel Prize-Winning Physicist Tsung-Dao Lee Passes Away at Age 98.
Tsung-Dao Lee’s Nobel Prize-winning work revolutionized the understanding of particle interactions in theoretical physics.
Lee’s legacy includes major advancements in particle physics, influencing research and education globally.
          ____________________________



* PM Narendra Modi Receives Parimal Nathwani's Book on Gir and Asiatic Lions.
The book sheds light on the successful conservation measures taken for Asiatic lions in Gir Forest.
PM Modi lauded Nathwani’s efforts in documenting the rich biodiversity and conservation challenges of the Gir region.
          ____________________________



* 10th National handloom day is celebrated on 7th August 2024.
The day highlighted the role of handlooms in sustaining rural livelihoods and traditional craftsmanship.
Special recognition was given to innovative handloom products and their impact on the global market.
          ____________________________



* National Javelin day is celebrated on 7th August.
The day featured workshops and training sessions for aspiring javelin throwers to improve their skills.
Prominent athletes shared their experiences and encouraged youth to take up javelin throw as a competitive sport.
          ____________________________



* Quit India movement day is celebrated on 8 August 2024.
The Quit India Movement united diverse groups in a common struggle against British colonial rule.
Educational institutions honor the day with special lectures and exhibitions on India's freedom struggle.
          ____________________________



* DBS Bank India Launches Golden Circle Banking Program for Senior Citizens.
The program offers exclusive discounts on various lifestyle services and priority processing for loan applications.
Senior citizens can access personalized financial planning and advisory services tailored to their retirement needs.
          ____________________________



* RBI Ranks 12th Largest Central Bank by Assets in Sovereign Wealth Fund Institute(SWFI)"
RBI’s elevated position reflects India's growing economic influence and financial stability on the global stage.
The ranking demonstrates RBI’s significant role in managing large-scale assets and its global financial impact.
          ____________________________



* "RBI Extends Maturity Date Scheme for Kisan Credit Card (KCC) Agricultural Loans to FY25"
The extension aims to provide relief during unpredictable weather conditions affecting agricultural productivity.
Farmers can now access longer-term repayment plans under the KCC scheme for better financial stability.
          ____________________________



* "RBI Extends Maturity Date Scheme for Kisan Credit Card (KCC) Agricultural Loans to FY25"
The extension aims to provide relief during unpredictable weather conditions affecting agricultural productivity.
Farmers can now access longer-term repayment plans under the KCC scheme for better financial stability.
          ____________________________



* Pine Labs and Axis Bank Launch UPISetu India’s First UPI-Focused Payments Platform.
UPISetu integrates with various merchant systems, expanding the scope of UPI transactions in diverse business sectors.
The platform ensures enhanced security features to protect user data and prevent fraudulent activities in transactions.
          ____________________________



* ACC Approves Appointment of C.S. Setty as New SBI Chairman and Rana Ashutosh Kumar Singh as MD.
C.S. Setty's extensive banking experience is expected to enhance SBI's strategic direction and operational efficiency.
Rana Ashutosh Kumar Singh’s new role aims to drive SBI’s growth and innovation initiatives forward.
          ____________________________



* Tunisian President Appoints Kamel Madouri as Prime Minister, Replacing Ahmed Hachani.
Madouri’s appointment is anticipated to introduce fresh perspectives in Tunisia’s policy-making and governance.
The transition aims to address economic and social reforms crucial for Tunisia's stability and progress.
          ____________________________



* DSD Chief Piyush Gupta to Step Down in March 2025; Tan Su Shan to Succeed Him.
Piyush Gupta's tenure was marked by substantial growth and innovation at DSD.
Tan Su Shan's appointment signals a new strategic direction for DSD.
          ____________________________



* IIT Indore and DRDO Develop Energy-Harvesting GPS Tracking Shoes.
The shoes’ energy-harvesting feature ensures prolonged use without frequent battery replacements or charging.
The technology promises enhanced safety for users by providing accurate location data in critical situations.
          ____________________________



* New Flowering Plant Species Ceropegia shivarayina Discovered in Maharashtra.
Ceropegia shivarayina shows unique adaptations to its environment, highlighting the ecological richness of Maharashtra's flora.
The discovery of Ceropegia shivarayina emphasizes the need for ongoing research to protect endangered plant species.
          ____________________________



* Former West Bengal Chief Minister and Communist Party Leader Buddhadeb Bhattacharjee Passes Away.
Bhattacharjee was instrumental in the industrialization of West Bengal, focusing on infrastructure and economic growth.
His leadership was marked by significant policy shifts and efforts to address socio-economic challenges in the state.
          ____________________________



* L&T Finance has received a certificate from the RBI for NBFC-ICC (Non-Banking Financial Company - Investment and Credit Company) status.
L&T Finance's NBFC-ICC status boosts its regulatory compliance and credibility in the financial services sector.
The new certification enables L&T Finance to diversify its investment and lending operations across different customer segments.
          ____________________________



* ISLRTC and AWES Sign MoU to Promote Indian Sign Language.
This MoU will also facilitate research and development in Indian Sign Language education across Army schools.
The partnership aims to include Indian Sign Language as an optional subject in the Army schools' curriculum.
          ____________________________



* Home Minister Amit Shah Inaugurates 24x7 Water Supply Project in Manimajra, Chandigarh.
The project aligns with Chandigarh's smart city initiative, promoting efficient resource management and urban development.
Local authorities plan to replicate the model in other areas, aiming for widespread 24x7 water access.
          ____________________________



* According to WTO(World Trade Organization) Report, India Retains 8th Position in Global Agricultural Exports.
India’s agricultural exports contribute significantly to global food security and economic stability in the sector.
The WTO report indicates sustained growth and competitiveness of India's agricultural products on the global stage.
          ____________________________



* Unchanged Rate of 6.5% Maintains 7.2% GDP Growth for FY25.
The central bank aims to balance economic growth with inflation control through its current interest rate policy.
The decision reflects confidence in the economy’s resilience despite external and internal challenges.
          ____________________________



* Power Finance Corporation (PFC) Secures JPY 25.5 Billion Loan for OKPPL(Okinawa Electric Power Company) Wind Project.
The loan will enhance OKPPL’s wind energy capacity and contribute to Japan’s renewable energy goals.
PFC’s involvement underscores its role in financing global green energy initiatives and advancing sustainability.
          ____________________________



* Government Eases Long-Term Capital Gains Rules for Property Owners.
The new rules will increase property market liquidity by encouraging more transactions and investment in real estate.
Simplified tax calculations under the new regulations will reduce administrative burden for property owners and investors.
          ____________________________



* Nagasaki day is celebrated on 9 August.
Nagasaki Day highlights the ongoing need for disarmament and international cooperation to prevent nuclear conflict.
Memorial events emphasize the human cost of war and advocate for a future free from nuclear threats.
          ____________________________



* Renowned Writer and Scholar Sahitya Akademi Award Laureate, C.G. Rajagopal Has Passed Away.
C.G. Rajagopal's literary works were highly regarded for their depth and cultural significance.
His death marks a significant loss for contemporary Indian literature and scholarship.
          ____________________________



* International Day of the World's Indigenous Peoples Was Celebrated on August 9, 2024.
Indigenous leaders shared their experiences and advocated for policy changes to protect their rights and cultural heritage.
Educational workshops focused on the historical and contemporary issues faced by indigenous communities, promoting better understanding and solidarity.
          ____________________________



* The Chief Minister of Gujarat inaugurated India’s first MSME Center of Excellence by the Indian American Chamber of Commerce (IACC).
The center will offer mentorship programs to guide MSMEs through business challenges and growth opportunities.
It aims to facilitate collaboration between MSMEs and global industry leaders for innovation and knowledge exchange.
          ____________________________



* Chhattisgarh Government Announces Guru Ghasidas Tamor Pingla Tiger Reserve as Its Fourth Tiger Reserve.
The reserve will boost local employment opportunities and promote sustainable tourism in the surrounding communities.
The declaration is expected to attract additional funding and support for conservation projects in Chhattisgarh.
          ____________________________



* Assam CM Himanta Biswa Sarma Launches Mukhya Mantri Nijut Moina Asoni Scheme to Combat Child Marriage.
The scheme promotes education and awareness about the harmful effects of child marriages.
Local authorities will monitor and assist in implementing the scheme effectively.
          ____________________________



* AIIA Signs MoU with Amity University to Enhance Ayurvedic Research and Education"
The MoU will promote collaborative workshops and seminars to advance Ayurvedic practices and methodologies.
Both institutions will work together on developing advanced Ayurvedic therapies and treatment protocols.
          ____________________________



* Odisha launched India's first 24/7 grain ATM in collaboration with the World Food Program (WFP).
The grain ATM uses advanced technology for efficient distribution and minimizes human intervention.
Odisha aims to address food scarcity issues with innovative, accessible solutions through this partnership.
          ____________________________



* The Ministry of Home Affairs (MHA) Forms 5-Member Committee to Oversee India-Bangladesh Border.
The committee will coordinate with local authorities to streamline border management and enhance security measures.
It will address cross-border issues, including illegal migration and smuggling, through improved monitoring and response strategies.
          ____________________________



* Vistara Crowned Best Airline in India and South Asia at the Skytrax World Airline Awards 2024.
Vistara's in-flight services and cabin comfort were highly praised, contributing to its top ranking in 2024.
The airline's punctuality and customer support have been crucial in securing the Best Airline title in the region.
          ____________________________



* Fractional Ownership Platform Property Share Receives India's First Small and Medium Real Estate Investment Trust(SM REIT) License from SEBI.
Property Share's SM REIT license enables investment in a broader range of real estate assets, enhancing market inclusivity.
This move by SEBI supports innovation in real estate investing, making fractional ownership more accessible to retail investors.
          ____________________________



* AFLI (Association of Financial Life Insurance) Partners with PhonePe to Enhance Life Insurance Penetration in India".
The partnership will offer customized insurance plans tailored to the specific needs of PhonePe users in India.
AFLI and PhonePe will jointly conduct awareness campaigns to educate people about the importance of life insurance.
          ____________________________



* Mirae Asset Launches India's First Multicap ETF: Nifty500 50:25:25.
The ETF provides a cost-effective way for investors to gain diversified exposure to the entire market spectrum.
The unique 50:25:25 allocation strategy aims to optimize returns while managing market volatility.
          ____________________________



* SBI Projects 7% GDP Growth for FY25.
SBI’s GDP growth forecast indicates confidence in India’s economic recovery despite global economic challenges.
Key drivers for the projected growth include robust domestic demand and increased investment in critical sectors.
          ____________________________



* Raj Kumar Chaudhary Appointed CMD of NHPC Limited.
Raj Kumar Chaudhary's appointment marks a new era for NHPC, focusing on enhancing renewable energy projects and sustainability. His experience is expected to bolster NHPC’s efforts in achieving ambitious energy targets and expanding infrastructure.
          ____________________________



* Dhruva Space Partners with Singapore's ZES to Enhance On-Board Computer (OBC) Subsystems for Satellite Missions.
The partnership will accelerate technological advancements in satellite systems through enhanced OBC subsystem integration.
ZES’s expertise will ensure improved system reliability and mission success for Dhruva Space’s satellite projects.
          ____________________________



* World bio-fuel day is celebrated on 10 August.
Biofuels reduce dependency on fossil fuels, promoting energy independence.
Biofuel production supports rural economies by creating job opportunities.
          ____________________________



* World lion day is celebrated on 10 August.
Emphasizes the need for habitat preservation to prevent further decline in lion populations.
Highlights the role of local communities in protecting lions and their ecosystems.
          ____________________________



* World steelpan day is celebrated on 11 August.
Celebrations include concerts and workshops, highlighting the steelpan’s versatility and global influence on various music genres.
Educational programs raise awareness about the steelpan’s history and its impact on cultural identity and community unity.
          ____________________________



* Ministry of External Affairs (MEA) and NSIL Sign MoU to Assist in Launch of Nepal's Munal Satellite.
The MoU marks a milestone in India-Nepal's growing partnership in space technology and innovation.
Munal satellite launch strengthens Nepal’s autonomy in space-based services and data management.
          ____________________________



* PM Narendra Modi Releases 109 High-Yielding, Climate-Resilient, and Biofortified Crop Varieties.
The new crop varieties will support sustainable agriculture and reduce dependency on chemical fertilizers.
These innovations aim to boost farmers' incomes by enhancing crop resilience and market value.
          ____________________________



* Union Minister Dr. Jitendra Singh Launches Amit Gyan Kosh and Faculty Development Portals.
Amit Gyan Kosh will offer extensive educational materials and research resources for academic growth.
Faculty Development Portal provides training programs and resources to enhance teaching skills and professional development.
          ____________________________



* MoHFW Launches 2nd Phase of Nationwide Bi-Annual MDA Campaign 2024 to Eliminate Lymphatic Filariasis.
The MDA campaign aims to cover over 200 million people in endemic regions across the country. Health workers will use mobile teams to ensure coverage in remote and hard-to-reach areas.
          ____________________________



* Department of Pension and Pensioners' Welfare Issues Guidelines for Nationwide DLC Campaign 3.0.
Pensioners can now submit digital life certificates through multiple online platforms for added convenience and flexibility.
Institutions will provide support and guidance to ensure smooth implementation of the new DLC guidelines.
          ____________________________



* Indian Air Force Successfully Concludes Participation in Exercise Udara Shakti 2024.
The exercise included complex air operations, improving tactical coordination among allied air forces.
Advanced technologies and equipment were demonstrated, highlighting the IAF's modernization efforts and strategic capabilities.
          ____________________________



* 10th Edition of India-Sri Lanka Joint Military Exercise 'Mitra Shakti 2024' Commences in Sri Lanka.
Troops will conduct joint drills to enhance tactical skills and coordination in real-world scenarios.
The exercise also includes cultural exchanges to build mutual respect and understanding between the forces.
          ____________________________



* Neelakurinji Iconic Flowering Shrub of Kodagu and Western Ghats Listed as Vulnerable by (International Union for Conservation of Nature) IUCN.
Neelakurinji’s unique 12-year blooming cycle is threatened by environmental changes and habitat destruction.
Efforts are needed to conserve the Neelakurinji’s natural habitat to prevent its extinction.
          ____________________________



* According to Exim Bank Report, India's Merchandise Exports Expected to Grow by 4.2% in Q2 FY25.
The report anticipates robust growth driven by rising demand for Indian textiles and engineering goods.
Global trade conditions and strategic market expansions are key factors supporting the projected export increase.
          ____________________________



* RBI Approves FPI Investment in Sovereign Green Bonds at IFSC.
The initiative supports India’s commitment to green finance and sustainable development goals. It enhances global investor confidence in India’s environmental policies.
          ____________________________



* Mazagon Dock Limited (MDL) Approves Construction of 6 Submarines in Collaboration with Germany's ThyssenKrupp Marine Systems (TKMS).
The deal will include the transfer of advanced submarine technology and local production capabilities.
The submarines will enhance India's strategic defense and regional maritime presence.
          ____________________________



* Padma Bhushan Awardee and Former External Affairs Minister K. Natwar Singh Passes Away.
K. Natwar Singh was a key figure in India's diplomatic efforts during his tenure as External Affairs Minister.
Singh's death is a significant loss to the Indian political and diplomatic community, leaving behind a notable legacy.
          ____________________________



* International youth day is celebrated on 12 August 2024.
Youth-led initiatives were showcased, demonstrating innovative solutions to global challenges.
Governments and organizations pledged increased support for youth development programs.
          ____________________________



* World elephant day is celebrated on 12 August 2024.
World Elephant Day also focused on curbing illegal ivory trade to protect elephants from poaching.
Educational campaigns emphasized habitat preservation to ensure the survival of elephant populations.
          ____________________________



* World organ donation day is celebrated on 13 August 2024.
Public education campaigns highlighted the benefits of organ donation and addressed common misconceptions about the process.
Successful organ donation stories were shared to inspire more individuals to consider becoming organ donors.
          ____________________________



* The three formations of the Indian Ocean were named Ashoka, Chandragupta and Kalpataru.
The naming of these structures highlights India's rich maritime heritage and historical influence in the Indian Ocean region.
The decision underscores the importance of preserving cultural legacy through scientific and geographical advancements.
          ____________________________



* India and USA Sign MoU to Boost Cooperation on Small and Medium Enterprises.
The MoU includes initiatives for skill development and capacity building in the SME sector.
Both nations will organize joint events to promote SME growth and bilateral trade.
          ____________________________



* Ministry of Petroleum and Natural Gas (MoPNG) Approves ONGC's ₹10,501 Crore Investment in Oriental Petrochemicals Limited (OPaL).
The investment will enhance OPaL's infrastructure and create new job opportunities in the petrochemical sector.
ONGC's strategic move aligns with the government’s focus on boosting domestic manufacturing and industrial growth.
          ____________________________



* The International Labor Organization(ILO)'s Global Employment Trends (GET) for Youth 2024 report projects the youth unemployment rate falling to 13% in 2023 and the lowest in 15 years.
Youth employment initiatives have gained momentum, contributing to the lowest unemployment rate in over a decade.
The ILO stresses the need for continued investment in youth job training and support programs to sustain progress.
          ____________________________



* RBI Forms 10-Member Expert Committee to Align Statistics with Global Standards.
The committee will assess data collection methods to ensure they meet international accuracy and reliability standards.
Recommendations will focus on enhancing transparency and consistency in statistical reporting for global comparability.
          ____________________________



* NPCI Forms NPCI BHIM Services Ltd. as Wholly-Owned Subsidiary.
NPCI BHIM Services Ltd. will enhance user experience with advanced features and better customer support for digital payments.
The new subsidiary aims to drive innovation and streamline transactions, aligning with India's financial inclusion goals.
          ____________________________



* India to Begin Production of LCA Mark 2 Jets by 2029 and 5th Generation AMCA Fighter by 2035.
The LCA Mark 2 will incorporate advanced avionics and better weaponry compared to earlier versions.
The AMCA aims to enhance India's air superiority with stealth and advanced combat systems.
          ____________________________



* Three New Edible Bug Species Discovered in Arunachal Pradesh: Coridius adii, Coridius insperatus, and Coridius esculentus.
The discovery underscores the need for conservation of diverse insect species in Arunachal Pradesh's ecosystems.
Potential for integrating these new species into local cuisine could boost economic opportunities for local communities.
          ____________________________



* Rajya Sabha Deputy Chairman Harivansh Releases Book Titled 'Bharat ke 75 Mahan Krantikari.
The book provides in-depth biographies of revolutionaries who inspired the freedom movement with their courage and sacrifice.
The launch event emphasized the need to preserve and honor India’s revolutionary history for future generations.
          ____________________________



* Partition horrors remembrance day is celebrated on 14 August 2024.
The day aims to foster dialogue on partition's impact and promote historical awareness among younger generations.
          ____________________________



* DRDO Successfully test fires Made -in-India potable anti task missile.
The MP-ATGM is a portable, shoulder-launched missile system designed to neutralize enemy tanks and armored vehicles.
The ATGM system is well-equipped with day/night and top attack capability with a dual mode seeker functionality.
          ____________________________



* Himachal Pradesh Launches HIM-UNNATI Scheme to Promote Natural Farming.
The scheme aims to enhance biodiversity by encouraging the use of traditional farming practices and organic inputs.
Farmers will receive subsidies for purchasing natural farming tools and equipment to support the transition.
          ____________________________



* IIT Madras Tops NIRF(National Institutional Ranking Framework) 2024 Rankings and IISc Bengaluru Comes Second.
IIT Madras has been ranked #1 in the overall category for the sixth consecutive year.
The rankings reflect the institutions' significant impact on India's higher education system, influencing prospective students and academic standards.
IIT Madras and IISc Bengaluru will set high standards, serving as benchmarks for other institutions aiming for top positions in future rankings.
          ____________________________



* Union Environment Minister has added 3 more wetlands to the list of Ramsar sites on the eve of India's Independence Day 2024.
These new designated sites are a testament to the significant policy push from the Ministry for wetlands conservation and management in the country.
The country has added 59 new wetlands to the list of Ramsar sites during 2014-2024
          ____________________________



* Kiren Rijiju & George Kurian Launches Haj Application 2025 & Jiyo Parsi Scheme Portal.
Mr. Rijiju announced that Muslim women aged 45+ can now perform Haj without a Mehram.
Mr. Rijiju urged eligible Parsi couples to use the Jiyo Parsi Scheme Portal, which offers financial assistance through Direct Benefit Transfer (DBT).
          ____________________________



* "EEPC India and ISSDA Sign MoU to Boost MSME Exports and International Trade"
The agreement aims to facilitate the exchange of trade information and encourage international investment through joint ventures and technical collaborations.
Joint capacity-building sessions will be conducted in various regions to support growth in the engineering goods and stainless steel sectors.
          ____________________________



* Railways and NCRTC(National Capital Region Transport Corporation) Collaborate to Advance 'One India-One Ticket' Initiative.
The initiative will cover both rail and NCRTC services, facilitating easier and more integrated travel for passengers.
The move is expected to enhance the travel experience, reduce ticketing hassles, and promote seamless connectivity across various transport networks.
          ____________________________



* ONGC(Oil and Natural Gas Corporation) and Oil India to Set New Natural Gas Prices 20% Above Current Rates.
Gas from these new sources will be priced at a 20% premium over the current administered price mechanism (APM) or domestic gas price.
The initiative aims to improve the economic feasibility of new gas development projects and incentivize increased domestic gas production.
          ____________________________



* "Reserve Bank of India Tightens HFC Norms to Align with NBFC Regulations.
The central bank said the norms were revised in order to harmonise the guidelines for NBFCs and HFCs.
There are 97 HFCs in the country, while deposit-taking NBFCs, including HFCs, are only 26. The regulator has not allowed any new NBFC to accept public deposits for close to two decades now.
          ____________________________



* "Fintech Startup Jai Kisan Wins NBFC Licence and Targets Loan Distribution and Co-Lending.
Jai Kisan plans to leverage the licence for enhanced loan distribution and co-lending activities.
With the NBFC licence, Jai Kisan aims to offer more comprehensive financial services and improve access to credit in rural communities.
          ____________________________



* ISRO successfully launches EOS-08 Earth Observation Satellite in Sriharikota.
S. Somanath confirmed that the launch and satellite injection were executed precisely as planned with no deviations.
The successful placement of the satellite demonstrates SSLV's capability and readiness for operational missions.
          ____________________________



* R.N Aggarwal, famous as the 'Father of Agni Missile' passed away.
Various organizations and leaders have paid tribute to his demise, and consider his contribution important in the field of Indian missile science.
R.N Aggarwal received many honors and awards for his distinguished services, and was known as a pioneer of the Indian defense industry.
          ____________________________



* Boeing Teams with AI Engineering Services to Enhance Navy’s P-8I Fleet
AI technologies will improve the long-range surveillance, maritime patrol and detection capabilities of the P-8I aircraft, thereby strengthening maritime security.
This move by Boeing reflects its commitment to foster collaboration in technological development with the Indian defense sector and advance the strategic capabilities of the Indian Navy.
          ____________________________



* India Marked 78th Independence Day with Vibrant Celebrations on August 15, 2024.
New government initiatives for education and healthcare were announced to boost India's development during Amrit Kaal.
The "Har Ghar Tiranga" campaign saw record participation, with millions displaying the national flag at their homes.
          ____________________________



* MoS(Minister of State) Bhagirath Choudhary Launches Digital Geo-Spatial Platform 'Krishi Decision Support System'.
The platform integrates weather forecasts to help farmers mitigate risks and optimize crop yield.
Krishi Decision Support System promotes sustainable farming by providing tailored recommendations based on local conditions.
          ____________________________



* Ministry of Ports, Shipping and Waterways Launches Standard Operating Procedure (SOP) for Green Tug Transition Program to Promote Sustainable Maritime Future.
The program includes financial incentives for stakeholders adopting green tug technologies to encourage widespread participation.
It aims to support research and development in green maritime technologies, fostering innovation and long-term sustainability.
          ____________________________



* Union Minister C.R. Patil Launches 'FloodWatch India' Mobile App Version 2.0
The app's advanced algorithms predict flood patterns, offering early warnings to mitigate damage.
The updated interface improves user experience, making it easier to access crucial flood information quickly.
          ____________________________



* President Draupadi Murmu will pay a state visit to Fiji, New Zealand and Timor-Leste to strengthen bilateral relations and regional cooperation.
President Murmu's visit highlights India’s expanding diplomatic presence in the Pacific and Oceania regions.
The tour will focus on enhancing trade and investment opportunities between India and the three nations.
          ____________________________



* Dr. S. Jaishankar’s Visited to the Maldives's (August 9-11, 2024) Enhances Bilateral Relations and Regional Cooperation.
Dr. Jaishankar emphasized India's support for Maldivian maritime security and disaster management during the visit.
The visit included talks on increasing Indian investment in Maldivian infrastructure projects and tourism sector development.
          ____________________________



* Comptroller and Auditor General (CAG) and Chamber of Accounts of Uzbekistan Sign MOU to Exchange Auditing Expertise.
The MOU highlights a mutual interest in modernizing auditing practices through shared innovations and best practices.
Both entities will focus on improving transparency and accountability in financial reporting through this collaboration.
          ____________________________



* DSP Mutual Fund Launches India's First Nifty Top 10 Equal Weight Index Fund and ETF.
The fund provides a unique investment opportunity by diversifying exposure across the top 10 Nifty companies equally.
The ETF aims to offer lower volatility and risk compared to traditional market-cap weighted funds.
          ____________________________



* National Institute for Micro, Small and Medium Enterprises (NI-MSME) Hyderabad Receives UTKRISHT Accreditation Certificate.
The UTKRISHT certification reflects NI-MSME's adherence to high standards in supporting enterprise growth and development.
This accolade enhances NI-MSME's credibility as a premier institute for micro, small, and medium enterprise support.
          ____________________________



* Paetongtarn Shinawatra Becomes Thailand's Youngest Prime Minister.
Shinawatra’s election is seen as a move towards greater youth representation and modernization in Thailand’s government.
Her appointment signals a potential shift in policy direction, focusing on economic and social reforms.
          ____________________________



* Hockey India Retires No. 16 Jersey in Honor of PR Sreejesh Appoints Him as Junior Men's Team Coach.
Sreejesh's retirement of the No. 16 jersey highlights his pivotal role in India's hockey history and achievements.
His coaching role aims to build a strong foundation for the future of Indian men's hockey.
          ____________________________



* On 6 April 2024, marking the 11th International Day of Sport for Development and Peace (IDSDP).
          ____________________________



* Maharashtra Declares Rock Arts in Ratnagiri as Protected Monuments.
The declaration includes legal protection against damage or unauthorized access to the rock art sites.
Local communities will be involved in the conservation and promotion of the rock arts to enhance tourism.
          ____________________________



* UP CM Yogi Adityanath Announces Myuva Scheme to Empower Youth Entrepreneurs.
The Myuva scheme will offer mentorship and networking opportunities for young entrepreneurs. It aims to foster sustainable business practices.
          ____________________________



* According to WEF report, India lost 33.9 million hectares of crops due to excessive rainfall during 2015-2021.
Rising temperatures and erratic rainfall patterns are increasingly threatening India's agricultural productivity and food security.
WEF urges investment in sustainable farming practices to combat the adverse effects of climate change on crop yields.
          ____________________________



* According to the Periodic Labour Force Survey Quarterly Bulletin: Urban Unemployment Rate Declines to 6.6% in Q1 FY25.
The 6.6% urban unemployment rate highlights ongoing challenges in achieving full labor market recovery.
Job growth in urban areas has been steady, contributing to the lower unemployment figures.
          ____________________________



* Union Minister Rajnath Singh Unveils Commemorative Coin to Mark Birth Centenary of Former Tamil Nadu CM M. Karunanidhi.
The commemorative coin is part of a series honoring influential figures in Indian political history.
The event reflects the government’s effort to preserve and celebrate the legacy of prominent leaders.c
          ____________________________



* PNB Launches PNB ANTAH DRISHTI Braille Debit Card for Visually Impaired Customers.
The card allows visually impaired users to perform transactions and access banking services independently.
PNB aims to set a benchmark for inclusive financial services with this innovative Braille card.
          ____________________________



* RBI Approves Tata Capital's Conversion from NBFC-CIC to NBFC-ICC.
Tata Capital's shift enhances its ability to offer diverse financial products and services to a broader customer base.
The transition supports Tata Capital’s strategic focus on investment and credit solutions, aligning with industry standards.
          ____________________________



* RBI Imposes Monetary Penalties on Bank of Maharashtra, Hinduja Leyland Finance, and Poonawalla Fincorp.
RBI's penalties reflect increased scrutiny and enforcement to ensure financial institutions adhere to regulatory standards.
Financial entities must improve internal controls to avoid penalties and maintain regulatory compliance.
          ____________________________



* RBI Approves Sale of Sukumaran Nair as MD & CEO of Tamilnad Mercantile Bank Ltd.
Sukumaran Nair is expected to enhance the bank's technological advancements and digital banking initiatives.
His appointment aims to strengthen the bank's market position and customer service capabilities.
          ____________________________



* National Aerospace Laboratories (NAL) Unveils Swadeshi Kamikaze Drones with 1,000 km Range.
The kamikaze drones are equipped with advanced targeting systems for high precision and effectiveness.
This development supports India's goal of enhancing indigenous defense technology and reducing dependency on foreign systems.
          ____________________________



* The second phase of the Paris 2024 Olympics includes new sports and venues for an exciting Olympics.
Paris will host innovative sports venues, creating unique settings for thrilling competitions.
The Games aim to blend traditional Olympic values with contemporary sports trends.
          ____________________________



* World humanitarian day is celebrated on 19 August 2024.
World Humanitarian Day honors those who provide aid amidst conflict and disaster, promoting global awareness and empathy.
This day also calls for increased safety and protection for humanitarian workers in dangerous and challenging environments.
          ____________________________



* 25th Director General of Coast Guard Rakesh Pal Passes Away.
Rakesh Pal’s tenure was marked by significant modernization of the Coast Guard’s fleet and equipment.
His leadership helped strengthen India’s maritime borders and improve coastal security operations.
          ____________________________



* Maharashtra Government Announces Official Launch of Mukhyamantri Majhi Ladki Bahin Yojna.
The scheme includes career counseling and job placement assistance to help women transition from education to employment.
Beneficiaries will receive mentorship from industry experts to enhance their skills and career prospects.
          ____________________________



* Reliance Foundation Signs MoU with IMD to Provide Weather Information to Vulnerable Communities.
The initiative includes developing localized weather apps for better accessibility.
The collaboration will use mobile platforms to disseminate weather alerts to remote regions.
          ____________________________



* "Razorpay is the Only Indian Company in Forbes Cloud 100 List 2024, with OpenAI in First Place.
Razorpay’s inclusion highlights the growing influence of Indian tech firms in the global cloud industry.
OpenAI's top ranking emphasizes its leadership and innovation in artificial intelligence.
          ____________________________



* The Ambani family is at the top of the 2024 Hurun India Most Valuable Family Businesses, and HCL Tech's Roshni Nadar leads among women.
The Ambani family's business empire continues to lead India’s wealth rankings, showcasing immense economic power and influence.
Roshni Nadar Malhotra’s leadership at HCL Tech reflects the growing impact of women in the tech industry.
          ____________________________



* RBL Bank Launches 'Vijay Fixed Deposits' to Honor India's 78th Independence Day.
Limited-time Offer: The 'Vijay Fixed Deposits' scheme is available for a limited period, encouraging prompt investment.
Customers opting for this scheme may receive additional rewards or bonuses based on their deposit amount.
          ____________________________



* ICICI Lombard Partners with 7 Institutions for Bancassurance.
The partnership will enable ICICI Lombard to tap into new markets and customer segments effectively.
This collaboration is set to enhance the accessibility of insurance products through the partner institutions' networks.
          ____________________________



* Aattam Wins Best Feature Film at the 70th National Film Awards for 2022.
"Aattam" also won accolades for its direction and screenplay, highlighting its exceptional craftsmanship and storytelling excellence.
The award marks a significant milestone for the film's production team, celebrating their hard work and dedication.
          ____________________________



* Parvathaneni Harish Appointed as India's Permanent Representative to the UN.
Harish's appointment is a strategic move to enhance India's diplomatic influence on key global platforms.
He will focus on advancing India’s interests and participating actively in UN discussions and negotiations.
          ____________________________



* Ashok Kumar Singh Appointed as Director General of Employees' State Insurance Corporation (ESIC).
Ashok Kumar Singh aims to enhance employee welfare programs and streamline ESIC's operational efficiency during his tenure.
Singh's expertise is anticipated to drive strategic improvements in ESIC's health insurance services and policy implementation.
          ____________________________



* Former Chief of Army Staff General S. Padmanabhan Passes Away in Chennai.
General Padmanabhan played a key role in the Kargil conflict, strengthening India's defense strategies.
His leadership was instrumental in modernizing the Indian Army during his tenure.
          ____________________________



* World mosquito day is celebrated on 20 August 2024.
Mosquito control initiatives are crucial for reducing the incidence of diseases and protecting communities worldwide.
Public health campaigns emphasized using repellents and eliminating standing water to prevent mosquito breeding.
          ____________________________



* Bihar Governor Launches Book on Chief Minister Nitish Kumar by Ashok and Shambhavi Choudhary.
The book highlights Nitish Kumar's influence on Bihar's political reforms and development strategies.
Ashok and Shambhavi Choudhary's work provides a comprehensive analysis of Kumar’s governance and leadership style.
          ____________________________



* Sadbhavna diwas or harmony day is celebrated on 20 August 2024.
The day encouraged dialogue and cooperation among diverse communities, promoting national unity and social harmony.
Educational institutions conducted workshops and activities to raise awareness about tolerance and inclusive practices.
          ____________________________



* NITI Aayog and CSIRO Launch Climate-Smart Agritech RISE Accelerator Program for Startups and MSMEs.
The program targets agritech innovations that promote sustainable farming practices.
This program will provide selected startups with access to global networks and markets.
          ____________________________



* Hemant Soren Launches 'Mukhya Mantri Maiya Samman Yojana' Scheme for Women in Jharkhand.
The scheme targets low-income families to uplift women through comprehensive financial and social support.
Women beneficiaries will receive assistance for healthcare, education, and skills development to enhance their livelihoods.
          ____________________________



* Udaan Partners with Ministry of Consumer Affairs, Food & Public Distribution (MoCAF & PD) and Small Industries Development Bank of India (SIDBI) to Transform FPS into Jan Poshan Kendras.
The transformation will enhance the accessibility of nutritious food to underserved communities across the country.
This initiative is expected to improve the operational efficiency of FPS, reducing delays and distribution issues.
          ____________________________



* North Eastern Handicrafts and Handloom Development Achieves Oeko-Tex Certification for Eri Silk.
Oeko-Tex certification boosts consumer trust by guaranteeing that NEHHDC's eri silk products meet strict safety standards.
NEHHDC’s eri silk, now certified, underscores a commitment to eco-friendly practices and enhances export opportunities.
          ____________________________



* United Arab Emirates Joins BRICS (Brazil, Russia, India, China, South Africa) Partners to Launch Centre for Industrial Competences.
The center will foster joint research and development projects to address common industrial challenges among BRICS nations.
By sharing best practices, the initiative aims to boost sustainable industrial development and competitiveness within BRICS.
          ____________________________



* NPCI (National Payments Corporation of India) Launches UPI Circle for Secure Delegated Payments with Trusted Users.
UPI Circle ensures real-time transaction monitoring and fraud detection through advanced security protocols.
Users can customize their UPI Circle to include specific trusted individuals for seamless financial management.
          ____________________________



* World Bank Issues World's First $225 Million Carbon Removal Bond to Fund Amazon Reforestation.
The bond will support projects aiming to restore over 1 million hectares of degraded Amazon rainforest.
Investors in the bond will receive returns based on the amount of carbon removed through reforestation efforts.
          ____________________________



* Centre Approves Senior-Level Bureaucratic Reshuffles and Appointments Across Ministries.
The reshuffle is expected to enhance coordination between ministries for more effective policy execution.
New appointments aim to address specific challenges in key departments.
          ____________________________



* President of India Confers National Geoscience Award 2023 on 21 Geoscientists.
The award highlights India’s growing focus on scientific research and environmental sustainability. Recognized geoscientists contributed significantly to advancing geological knowledge and technology.
          ____________________________



* Former Meghalaya CM Salseng Marak Passes Away.
Salseng Marak was a member of the Meghalaya Legislative Assembly for several terms before becoming Chief Minister. His leadership contributed to the strengthening of regional identity and socio-economic development in Meghalaya.
          ____________________________



* World sanskrit day is celebrated on 19 August 2024.
Various cultural events were organized to honor Sanskrit's historical and philosophical significance.
Prominent scholars delivered talks on Sanskrit's influence on modern languages and literature.
          ____________________________



* International day of remembrance and tribute to the victims of terrorism is celebrated on 21 August 2024.
The day underscores the global commitment to counter-terrorism efforts and support victims' families.
Events and ceremonies were held at various locations on the day, with ceremonies including silence and speeches to honor the victims and appeal for peace.
          ____________________________



* Chief Minister Sukhwinder Singh Sukhu launched 'Mukhyamantri Bal Nutritious Food Scheme' for school children.
The scheme includes regular health check-ups to monitor the nutritional status of students.
Local school staff will assist in meal distribution and ensure compliance with nutritional standards.
          ____________________________



* According to TRAI Report India's Telecom Sector Shows Impressive Growth in FY24.
Telecom revenues saw a sharp rise, reflecting the sector's robust growth and increased consumer spending.
TRAI's report noted a significant expansion in telecom infrastructure, boosting connectivity in underserved regions.
          ____________________________



* Ministry of Statistics and Programme Implementation(MoSPI) Creates Two Survey-Based Verticals in Recast.
The new verticals aim to streamline data processing and ensure timely and accurate reporting.
MoSPI's initiative seeks to enhance data-driven decision-making for better governance and policy development.
          ____________________________



* SEBI Introduces New Guidelines for Borrowing by Category-I and Category-II Alternative Investment Funds (AIFs) and Loan and Venture Funds (LVF) Tenure Extension.
SEBI mandates enhanced disclosure requirements for borrowing activities of Category-I and Category-II AIFs to ensure transparency.
New guidelines also include stricter compliance norms for LVFs to mitigate risk and enhance investor protection.
          ____________________________



* RBI Unveils New Framework for Self-Regulatory Organizations in Financial Markets.
The new framework mandates regular audits and reporting by SROs to ensure accountability and compliance.
SROs will now need to implement strict conflict-of-interest policies to protect market integrity.
          ____________________________



* RBI Approves IndusInd Bank to Launch Mutual Fund Asset Management Business.
IndusInd Bank aims to strengthen its portfolio with the introduction of innovative mutual fund schemes.
The new asset management business is expected to attract a diverse range of investors.
          ____________________________



* Aditya Birla Finance Limited (ABFL) Partners with AU Small Finance Bank to Launch Co-Branded Credit Card.
The co-branded credit card will offer special discounts and rewards on various purchases for cardholders.
Customers will gain access to enhanced financial management tools and exclusive offers through this partnership.
          ____________________________



* Mynd International Financial Services Centre Launches M1NXT in GIFT City for Global Trade Finance.
M1NXT will cater to SMEs and large corporations, enhancing their access to global trade finance solutions.
The platform aims to reduce transaction costs and improve cross-border trade efficiency in emerging markets.
          ____________________________



* LIC Housing Launches "Griha Rakshak" Home Loan Scheme for Armed Forces Personnel.
The "Griha Rakshak" scheme includes special interest rate discounts for women applicants in the armed forces.
The scheme offers a simplified application process to accommodate the unique circumstances of military personnel.
          ____________________________



* Bank of Baroda Secures ₹5,000 Crore Loan Deal with SAIL.
The loan agreement will enable SAIL to modernize its facilities and boost production efficiency.
Bank of Baroda aims to strengthen ties with major industrial clients through such large-scale financial arrangements. बैंक ऑफ बड़ौदा इस प्रकार की बड़ी वित्तीय व्यवस्था के जरिए प्रमुख औद्योगिक ग्राहकों से संबंध मजबूत करेगा।
          ____________________________



* Ather Energy Becomes a Unicorn After Securing $71 Million in Funding from NIIF.
Ather Energy plans to use the funds to expand its charging infrastructure across major cities in India.
The new valuation places Ather Energy among India's most valuable startups in the electric vehicle sector.
          ____________________________



* Ram Charan Honored as Ambassador of Indian Arts and Culture at Indian Film Festival of Melbourne 2024.
Ram Charan’s award highlights the growing global recognition of Indian cinema and its cultural impact.
The festival's honor underscores Charan's role in bridging Indian culture with international audiences.
          ____________________________



* CCI nod for Advent acquisition in Apollo Healthco
Advent International aims to leverage Apollo Healthco’s network to enhance healthcare services and innovation in India.
The acquisition will enable Apollo Healthco to access additional capital and resources for expansion and development.
          ____________________________



* International day commemorating the victims of acts of violence based on religion or belief is celebrated on 22 August 2024.
The day promotes dialogue and understanding between different faiths to combat intolerance and violence worldwide.
It underscores the global need for policies ensuring safety and freedom for individuals of all religious backgrounds.
          ____________________________



* Malaysian PM Anwar Ibrahim to Embark on Three-Day Visit to India to Bolster Trade, Investment, and Defense Ties.
Anwar Ibrahim will also visit prominent Indian businesses to explore potential investment opportunities in Malaysia.
The visit will include cultural exchanges, emphasizing the shared heritage between Malaysia and India.
          ____________________________



* Power Minister Monohar Lal Khattar Launches Three Online Platforms to Enhance Power Sector Efficiency.
The platforms aim to reduce power outages and improve response times to consumer complaints.
Enhanced data analytics will support better decision-making in the power sector.
          ____________________________



* Ministry of Labour & Employment (MoL&E) Launches Building and Other Construction Workers' (BoCW) Management System (MS) Portal.
The BoCW MS Portal enables online application submission, reducing the need for physical visits to offices.
The portal also provides a centralized platform for monitoring and reporting construction worker welfare activities.
          ____________________________



* AMUL Emerges as World's Strongest Food and Dairy Brand in Brand Finance Food & Drink 2024 Report.
AMUL’s robust global presence reinforces its dominance in the dairy sector, reflecting innovative product strategies and market leadership.
AMUL's consistent quality and customer satisfaction, which is critical to its success in the global market.
          ____________________________



* Axis Bank Launches Neo for Merchants App in Partnership with Visa and Mintoak.
The app supports various payment methods, including QR codes and UPI, enhancing transaction flexibility for merchants.
"Neo for Merchants" offers real-time analytics to help businesses track performance and optimize operations effectively.
          ____________________________



* BharatPe to Offer Secured Loans to Merchant Partners Through Partnership with OTO Capital and Volt Money.
BharatPe's partnership provides tailored loan solutions, ensuring better financial flexibility and business growth for its merchants.
The collaboration aims to streamline loan processing, reducing turnaround times and enhancing accessibility for small businesses.
          ____________________________



* Rajesh Nambiar Appointed President Designate of NASSCOM, Succeeds Debjani Ghosh.
Rajesh Nambiar's appointment reflects NASSCOM's commitment to strong leadership and industry growth amid evolving technology trends.
Debjani Ghosh’s tenure is recognized for advancing NASSCOM’s influence and fostering strategic industry partnerships.
          ____________________________



* M. Suresh Appointed Interim Chairman of AAI(Airports Authority of India) and Succeeds Sanjeev Kumar.
M. Suresh's appointment aims to maintain operational stability at AAI during the leadership transition.
Suresh's experience is expected to guide AAI through upcoming challenges effectively.
          ____________________________



* SpaceX to Launch First Human Spaceflight Mission Over Earth's Polar Regions.
The mission will provide unprecedented views of Earth's polar ice caps and their changes over time. It will test new technologies for future deep-space missions while advancing climate research.
          ____________________________



* India's First Abrasive Waterjet Unveiled by IIT-Madras Director V. Kamakoti.
The abrasive waterjet enhances cutting precision, reducing material waste and operational costs in industrial processes.
IIT-Madras' innovation opens new opportunities for research and development in advanced manufacturing technologies.
          ____________________________



* National Award-Winning Indian Filmmaker Utpalendu Chakraborty Passes Away.
Chakraborty's films received critical acclaim for their realistic portrayal of societal issues. His departure leaves a void in Indian cinema.
          ____________________________



* NMCG, IIT (BHU), and Denmark Launch Sustainable Low-Carbon Riverbank (SLCR) Project in Varanasi, UP.
The SLCR project emphasizes community involvement in conserving river ecosystems through awareness and sustainable practices.
This initiative aligns with India's commitment to combating climate change by integrating low-carbon solutions in river management.
          ____________________________



* India Launches New Zero Emission Policy with Advisory Document by Professor Ajay Kumar Sood.
The policy includes guidelines for integrating advanced technologies to track and reduce greenhouse gas emissions effectively. It emphasizes collaboration between government bodies and industries to ensure transparent and accurate emission reporting.
          ____________________________



* Ministry of Ports, Shipping, and Waterways(MoPSW) 's Minister Sarbananda Sonowal Launches Major Sustainability Initiative at JN Port in Maharashtra.
The initiative includes upgrading port infrastructure to support eco-friendly practices and reduce environmental impact.
Collaboration with industry experts is a key aspect to ensure effective implementation and monitoring of sustainability goals.
          ____________________________



* Union Health Minister J.P. Nadda Launches National Medical Register Portal of NMC.
The portal will integrate data from various state medical councils, creating a unified national database.
It will help in reducing procedural delays and administrative burdens for medical professionals across India.
          ____________________________



* Union Minister Nirmala Sitharaman Releases Commemorative Stamp for 165th Income Tax Day.
The commemorative stamp highlights the historical evolution of income tax in India over 165 years.
The issuance of postage stamps reflects the government's commitment to strengthening tax administration and public accountability.
          ____________________________



* 3rd Japan-India 2+2 Foreign and Defence Ministerial Meeting Held in New Delhi.
Both nations agreed to boost technological cooperation in defense sectors.
Japan and India discussed counterterrorism strategies and intelligence-sharing.
          ____________________________



* Khadi and Village Industries Commission (KVIC)Signs MoU with Department of Posts to Enhance Verification of PMEGP Units.
Better coordination between KVIC and Department of Posts under the MoU will improve verification of units and the improved verification process will reduce delays and improve the accuracy of assessment of PMEGP units.
          ____________________________



* Bandhan Bank Launches New Savings Product 'Avni' Exclusively for Women.
Avni offers personalized financial advisory services to help women achieve their savings and investment goals effectively.
The scheme includes insurance coverage and special discounts on various financial services as per the needs of women.
          ____________________________



* India and ADB Sign $500 Million Loan Agreement to Enhance Tertiary Health Care and Medical Education in Maharashtra.
The loan will support the development of advanced diagnostic facilities and specialized medical training programs in Maharashtra.
The project aims to address healthcare disparities and improve overall health outcomes for the population in the state.
          ____________________________



* ICRA Projects India's GDP Growth to Moderate to Six-Quarter Low of 6% in Q1 FY25.
ICRA highlights that industrial production and consumer demand are crucial factors affecting GDP growth forecasts.
Expectations of government stimulus measures may play a role in countering the predicted economic slowdown.
          ____________________________



* Neeraj Chopra Finishes 2nd with Season's Best Throw of 89.49m at Lausanne Diamond League 2024.
Chopra’s 89.49m throw is the best mark of the season, reflecting his strong preparation and skill.
The Lausanne meet served as a crucial test ahead of major upcoming athletic events for Chopra.
          ____________________________



* Shikhar Dhawan Announces Retirement from International and Domestic Cricket.
Dhawan played 167 ODIs and 68 T20Is, becoming a crucial player for India in limited-overs formats. His retirement ends a notable era in Indian cricket, marked by memorable innings and leadership on the field.
          ____________________________



* Olympic Cyclist Daniela Larreal Chirinos Passes Away.
Daniela Larreal Chirinos was a trailblazer in women's cycling, breaking several records and setting new standards.
Her contributions to Venezuelan sports have been invaluable, inspiring future generations of athletes to pursue cycling.
          ____________________________



* Cabinet approves Vigyan Dhara scheme to promote S&T capacity building, research, innovation.
The scheme will also facilitate funding for cutting-edge technologies and support startups in the S&T sector.
It aims to enhance skill development programs to build a skilled workforce for future scientific and technological advancements.
          ____________________________



* Centre for Development of Advanced Computing (C-DAC) Signs MoU with Various Industries and Inaugurates New Hardware Emulation Facility.
C-DAC’s new facility will enhance collaboration between industry and research institutions for cutting-edge hardware solutions.
The MoUs will support the development of innovative technologies and foster joint ventures in advanced computing.
          ____________________________



* Coal Secretary Amrit Lal Meena Reviews Development of Indian Coal Mines Safety Report Portal.
The portal will facilitate quick identification of safety issues, leading to faster resolution and improved mining conditions.
Regular updates and feedback through the portal will enhance compliance with safety regulations and industry best practices.
          ____________________________



* Ministry of Skill Development and Entrepreneurship (MSDE) and Flipkart Sign MoU to Upskill Employable Youth Across India.
The partnership will also include digital skills training to prepare youth for future technology-driven jobs.
MSDE and Flipkart aim to bridge the skill gap by providing practical experience and industry-relevant certifications.
          ____________________________



* Prime Minister Visits Poland and Ukraine for Enhances Economic and Defense Ties and Supports Ukraine.
The Prime Minister announced a new trade agreement with Poland aimed at boosting bilateral economic growths.
Enhanced defense collaborations were established with Ukraine to address regional security concerns and strengthen mutual support.
          ____________________________



* TPSSL (Tata Power Solar Systems Limited) Partners with ICICI Bank to Offer Solar Loans.
The partnership aims to accelerate India’s transition to renewable energy by making solar installations more affordable.
ICICI Bank’s expertise in financial solutions complements TPSSL’s leadership in solar technology, enhancing customer access.
          ____________________________



* RBI Approves E-Mandate for Automatic Replenishment of FASTag and National Common Mobility Card (NCMC).
The e-mandate system will ensure seamless travel by preventing interruptions due to insufficient FASTag or NCMC balances.
The RBI’s decision supports digital payment adoption, enhancing efficiency in transportation and reducing manual top-up processes.
          ____________________________



* Goldman Sachs Reduces India's GDP Growth Forecasts for 2024 and 2025.
Goldman Sachs' revision highlights growing concerns over India's economic resilience amid global and domestic headwinds.
The downgrade could influence investor sentiment and policy decisions regarding India's economic growth strategies.
          ____________________________



* India Launches Its First Reusable Hybrid Rocket, RHUMI-1.
RHUMI-1's success underscores India's growing expertise in advanced rocket technologies and reusability in space exploration.
The reusable rocket aims to reduce mission costs and increase frequency of space launches for future projects.
          ____________________________



* Indian Army Transfers Xploder and Agniastra Technologies to Private Sector for Mass Production, Boosting Defense Capabilities.
The transfer aims to boost indigenous defense manufacturing capabilities and reduce reliance on foreign technology.
Private sector involvement is expected to accelerate the production and deployment of advanced military technologies.
          ____________________________



* Indian Army Transfers Xploder and Agniastra Technologies to Private Sector for Mass Production, Boosting Defense Capabilities.
The transfer aims to boost indigenous defense manufacturing capabilities and reduce reliance on foreign technology.
Private sector involvement is expected to accelerate the production and deployment of advanced military technologies.
          ____________________________



* McLaren's Lando Norris Triumphs at the 2024 Dutch Grand Prix.
Norris's win ends a series of races without McLaren victories, signaling a turnaround in their performance.
The victory boosts McLaren's standing in the Constructors' Championship, adding momentum to their season campaign.
          ____________________________



* World water week is celebrated on 25 to 29 August 2024.
World Water Week highlights innovative water management solutions to address climate change impacts on water resources.
The event promotes global partnerships to tackle water scarcity and improve access to clean drinking water.
          ____________________________



* "On August 25, 2024, PM Modi inaugurated infrastructure projects in Maharashtra and addressed agricultural and water conservation issues in Rajasthan."
Modi’s visit highlights government efforts to enhance regional infrastructure and support local economic growth in Maharashtra and Rajasthan.
The Prime Minister’s focus on sustainable agricultural practices and water management aims to address critical issues in Rajasthan.
          ____________________________



* Ministry of Home Affairs Announces Creation of Five New Districts in Ladakh Zanskar, Drass, Sham, Nubra, and Changthang.
The new districts will promote economic development by improving local infrastructure and administrative support.
Increased local representation in governance is anticipated to address specific regional issues more effectively.
          ____________________________



* RBI Governor Shaktikant Das Unveils ULI (Unified Lending Interface) Platform for seamless lending to ease credit for MSMEs & farmers.
“The ‘new trinity’ of JAM-UPI-ULI will be a revolutionary step forward in India’s digital infrastructure journey,” the RBI governor said.
ULI is expected to cater to large unmet demand for credit across various sectors, particularly for agricultural and MSME borrowers.
          ____________________________



* REC Limited to Finance ₹45,000 Crore for JNPS Infrastructure Projects.
The funding supports infrastructure upgrades for improved water distribution networks.
REC's initiative aligns with India's broader environmental sustainability goals.
          ____________________________



* India's Q1 FY25 GDP Growth Likely to Reach 7.1%, According to RBI.
Consumer spending and favorable market conditions contribute significantly to the projected GDP growth rate.
India's continued economic strength highlights its resilience and potential in the global market.
          ____________________________



* GAIL and Petron Sign MoU to Explore Establishing Bio-Ethylene Plant in India.
The bio-ethylene plant will utilize renewable feedstocks, reducing reliance on fossil fuels and lowering emissions.
The collaboration will drive research and innovation in sustainable chemical production technologies.
          ____________________________



* Jana Small Finance Bank Honored with Four Awards at ICC Emerging Asia Banking Conclave & Awards 2024.
The awards celebrate Jana Small Finance Bank’s impact on financial inclusion and customer-centric banking solutions.
The recognition underscores the bank's role in driving innovation and enhancing financial services in emerging Asia.
          ____________________________



* Nari Hira, Renowned Film Producer and Owner of Magna Publishing, Passes Away.
Nari Hira's innovative approach reshaped the Indian film and publishing landscapes, leaving a lasting legacy.
Hira's Magna Publishing revolutionized media, becoming a cornerstone in the industry under his visionary leadership.
          ____________________________



* National sports day is celebrated on 29 August 2024.
Schools organized sports events to encourage student participation and promote physical fitness.
Celebrities and athletes attended to inspire and celebrate sports excellence.
          ____________________________



* Former World Health Organization (WHO) Chief Scientist Soumya Swaminathan Releases Activist Kalpa Sankar's Autobiography.
The autobiography delves into Kalpa Sankar's grassroots activism and struggles for social equality.
Dr. Swaminathan highlighted Sankar's significant impact on community welfare through her persistent advocacy.
          ____________________________



* Himachal Pradesh Government Launches Mukhya Mantri Sukh Sikhsha Yojana with Rs 53.21 Crore Allocation.
Focuses on digital learning tools and modern classrooms to bridge the rural-urban education gap in Himachal Pradesh.
Targets underprivileged students by offering scholarships and financial aid for higher education opportunities.
          ____________________________



* According to PGCI Q2 2024, Manila Tops the List, Followed by Mumbai at 2nd and New Delhi at 3rd.
Manila's top ranking highlights its rapid economic growth and improving urban infrastructure.
Mumbai and New Delhi maintain their strong positions, reflecting India's growing global influence.
          ____________________________



* Union Minister Jyotiraditya Scindia Inaugurates 10m Air Pistol Shooting Range in Gwalior Named After Manu Bhaker.
The range provides state-of-the-art facilities to encourage young shooters and improve their competitive edge.
Manu Bhaker’s achievements inspire future generations, emphasizing the importance of dedicated sports infrastructure.
          ____________________________



* ICAR-CIFE and VAMNICOM (Vaikunth Mehta National Institute of Cooperative Management) Sign MoU to Enhance Cooperative Management in Fisheries.
The MoU will focus on creating joint research initiatives to address challenges in cooperative fisheries management.
ICAR-CIFE and VAMNICOM will organize workshops and training sessions to enhance skills in sustainable fisheries practices.
          ____________________________



* Spices Board Launches SPICED Scheme to Boost Spice Exports and Productivity.
The SPICED scheme will prioritize research and development to improve spice quality and production techniques.
Training programs under SPICED will educate farmers on best practices for sustainable and efficient spice cultivation.
          ____________________________



* Ministry of Rural Development (MoRD) Signs MoU with MicroSave to Optimize Community Investment Funds.
The MoU will introduce advanced financial tools and strategies to enhance rural community investment outcomes and Training programs will be launched to build local capacity for effective fund management and utilization.
          ____________________________



* PayU Partners with Amazon Pay Later to Offer Instant Digital Credit to Indian Shoppers.
The partnership aims to simplify financing for online shoppers by integrating Amazon Pay Later with PayU’s payment solutions.
It supports instant credit approval, enhancing user convenience and potentially increasing sales for e-commerce businesses in India.
          ____________________________



* RBI Revokes Registration of Margdarshak Financial Services Due to High Net NPAs and Repayment Defaults.
RBI's action underscores its commitment to enforcing regulatory standards in the financial sector for consumer protection.
Margdarshak Financial Services is now prohibited from conducting any financial transactions or offering services.
          ____________________________



* According to RBI study, Gujarat has surpassed Uttar Pradesh as the top investment destination in FY24.
Gujarat's industrial growth and improved ease of doing business contribute significantly to its new investment-leading position.
The shift reflects Gujarat's strategic policy reforms and infrastructure enhancements, making it a preferred choice for investors.
          ____________________________



* Jay Shah Becomes Youngest ICC Chairman and CEO of Railway Board.
Shah’s appointments highlight his rapid rise in prominence within both the cricketing and public sectors.
His leadership is anticipated to drive significant reforms and innovations in global cricket and Indian railways.
Who has recently become the youngest ICC Chairman and CEO of the Railway Board?
          ____________________________



* ISRO's SAC Signs MoU with alphaMERS to Combat Marine Pollution Using AI.
The MoU will enable real-time tracking of pollution sources using satellite imagery and AI analysis.
The collaboration aims to develop predictive models for marine pollution and effective mitigation strategies.
          ____________________________



* Union Cabinet Approves Progressive Expansion of Central Sector Scheme under Agriculture Infrastructure Fund.
The scheme expansion focuses on modernizing agricultural infrastructure to reduce post-harvest losses and increase farmer income.
Increased private sector participation will be encouraged under the expanded scheme for sustainable agricultural growth.
          ____________________________



* Ministry of Road Transport and Highways Launches Vehicle Scrapping Policy to Phase Out Polluting Vehicles.
The policy includes financial incentives to encourage vehicle owners to switch to environmentally friendly alternatives.
Scrapping centers will be established nationwide to facilitate the disposal process of old vehicles.
          ____________________________



* "DoT Hosts Conference on Disaster Management and Capacity Building with National Telecom and Information Technology Institute (NTIPRIT) and LSA Delhi.
The conference highlighted innovative technologies and strategies for improving disaster response and management practices.
Key discussions included inter-agency coordination and community involvement in effective disaster management.
          ____________________________



* Indian Railways Integrates DigiLocker with Hiring Portal to Speed Up Recruitment.
Integration aims to minimize manual errors and improve accuracy in document processing for faster recruitment.
Candidates will benefit from a more streamlined and user-friendly application process through digital document submission.
          ____________________________



* Capitalmind Gets SEBI's In-Principle Approval to Launch New Mutual Fund.
The new mutual fund aims to diversify investment options for retail and institutional investors.
Capitalmind plans to leverage market trends to enhance fund performance and attract a broad investor base.
          ____________________________



* RBI Imposes Monetary Penalty of ₹1.5 Lakh on Valsad Mahila Nagrik Sahakari Bank.
The RBI’s penalty underscores its role in enforcing compliance and maintaining financial discipline within the banking sectors.
Valsad Mahila Nagrik Sahakari Bank must address the regulatory issues to avoid further penalties and operational disruptions.
          ____________________________



* ReNew and Microsoft Sign 437.6 MW Clean Power Purchase Agreement.
The agreement supports the expansion of India's renewable energy infrastructure, enhancing energy security and sustainability.
The deal aligns with Microsoft’s commitment to sourcing 100% renewable energy for its global operations.
          ____________________________



* V. Srinvas, Secretary of DoPPW, Conferred Anubhav Awards and Jury Certificates.
The Anubhav Awards celebrate innovative practices in pension services, setting benchmarks for efficiency and effectiveness.
Recipients of the awards were commended for enhancing pension administration through their dedicated and innovative approaches.
          ____________________________



* B. Srinivas Appointed as the New Director General of the National Security Guard (NSG).
B. Srinivas’s appointment aims to strengthen NSG’s counter-terrorism capabilities and operational efficiency.
His extensive experience in law enforcement will enhance NSG’s strategic and tactical responses to security threats.
          ____________________________



* India Orders Additional 73,000 SIG-716 Assault Rifles from the US.
The SIG-716 rifles will replace outdated equipment, enhancing the effectiveness of Indian soldiers in various combat scenarios.
This deal highlights the deepening defense ties between India and the US, promoting strategic collaboration.
          ____________________________



* International day against nuclear tests is celebrated on 29 August 2024.
The day underscores the need for global cooperation to prevent nuclear weapons proliferation and ensure lasting peace.
Various organizations and nations participated in events promoting disarmament and advocating for a nuclear-free future.
          ____________________________



* National Payments Corporation of India (NPCI) Introduces Bharat Bill Payment System for Business UPI Circle at Global Fintech Fest 2024.
BBPS integration into Business UPI Circle is expected to simplify large-scale bill payments for enterprises.
NPCI's move strengthens digital infrastructure, encouraging more businesses to transition to cashless payment methods.
          ____________________________



* RBI Recognizes Fintech Association for Consumer Empowerment as Self-Regulatory Organization for Fintech (SRO-FT).
The SRO-FT will oversee compliance, promoting fair practices and ethical conduct among fintech firms.
The move aims to enhance regulatory oversight, ensuring fintech innovations align with consumer protection standards.
          ____________________________



* RaiTel Awarded International Organization for Standardization (ISO) 14001:2015 Certification.
RaiTel’s certification reflects its strategic focus on reducing carbon footprint and promoting green technologies.
The ISO 14001:2015 award enhances RaiTel’s reputation in the global market for eco-friendly practices.
          ____________________________



* India Makes First Payment to Sri Lanka for Power Projects.
The power projects will focus on renewable energy sources to promote sustainable development in Sri Lanka.
India and Sri Lanka aim to enhance economic ties through collaborative infrastructure projects.
          ____________________________



* Bank of Baroda's BOBCARD Unveils High-End Credit Card ETERNA on RuPay Network.
ETERNA cardholders enjoy exclusive access to luxury experiences and special offers through premium partnerships and rewards.
The card integrates advanced security features to ensure safe and secure transactions for high-end users.
          ____________________________



* IndiaFirst Life Becomes First Indian Life Insurer to Start Operations in GIFT City.
IndiaFirst Life plans to introduce globally competitive insurance products in GIFT City.
GIFT City offers IndiaFirst Life access to international clients.
          ____________________________



* International day of the victims of enforced disappearances is celebrated on 30 august.
The day spotlighted ongoing human rights abuses linked to forced disappearances, urging governments to address these violations.
The observance aimed to raise awareness about the plight of disappeared individuals and advocate for stronger global responses.
There were increased calls for enhanced support and protection for the families and survivors of enforced disappearances.
          ____________________________



* "National Small Industry Day Celebrated on August 30 to Honor Small Business Contributions.
Aims to increase public awareness of the challenges and opportunities faced by small businesses.
MSMEs support livelihoods and promote inclusive growth, particularly benefiting the working poor, women, youth, and vulnerable groups.
          ____________________________



* Air Chief Marshal V R Chaudhari launches first comic book on Indian Air Force heroes.
It includes two main stories: Marshal of the Air Force Arjan Singh DFC and The 1971 Battle of Boyra.
The comic book provides information about career options and eligibility criteria for joining the Indian Air Force.
          ____________________________



* ESAF Small Finance Bank Launches INORI (Innovative RuPay Offering for Regional Inclusivity) RuPay Platinum Card with Exclusive Benefits.
ESAF aims to enhance financial literacy and digital adoption with the INORI RuPay Platinum Card.
The card offers zero liability protection against fraudulent transactions, ensuring customer safety.
          ____________________________



* Department of Higher Education Selects 16 Teachers from Higher Education Institutions and Polytechnics for NAT 2024.
Selected teachers will participate in advanced training sessions to refine their evaluation techniques for NAT 2024.
The initiative aims to standardize assessment criteria and improve the overall quality of education in participating institutions.
          ____________________________



* Government of India Appoints Satish Kumar Vaduguri as Interim Chairman of IOCL and Rajneesh Narang as Interim CMD of HPCL.
Vaduguri and Narang will serve until permanent appointments are made to ensure operational stability and leadership continuity.
These interim roles are part of a broader strategy for effective management of major public sector enterprises.
          ____________________________



* Shubhasri Appointed as MD & CEO of Shriram Capital.
Shubhasri's appointment aims to enhance Shriram Capital's strategic vision and operational efficiency in the financial sector.
Her leadership is expected to foster innovation and drive growth, positioning Shriram Capital for future success.
          ____________________________



* NITI Aayog Releases Report on Pathways and Strategies for Accelerating Growth in Edible Oils Towards Achieving Atmanirbharta.
The report stresses enhancing farmer training programs to improve oilseed yield and quality.
Emphasis is placed on promoting research and development for high-yield, drought-resistant oilseed varieties.
          ____________________________



* Satluj Jal Vidyut Nigam (SJVN), National Hydroelectric Power Corporation (NHPC), RailTel and Solar Energy Corporation of India (SECI) received Nav Ratna status.
Navratna status will enable these firms to undertake larger projects and boost their strategic initiatives.
The recognition aligns with the government’s goal to enhance public sector efficiency and self-reliance.
          ____________________________



* RBI Launches Scheme for Trading and Settlement of Sovereign Green Bonds in International Financial Services Centre (IFSC).
The scheme facilitates streamlined green bond trading, enhancing India's role in global sustainable finance initiatives.
It provides a platform for international investors to engage in India's green bond market, fostering global collaboration.
          ____________________________



* Paytm Receives Ministry of Finance Approval for Downstream Investment in Paytm Payments Services Limited (PPSL).
The investment will help Paytm enhance its digital payment infrastructure and services.
Regulatory approval aligns with Paytm’s strategic expansion goals in the financial technology sectors.
          ____________________________



* Moody's Upgrades India's GDP Growth Forecast to 7.2% for CY2024.
Moody’s highlights strong government policies as a driving force behind the increased GDP growth forecast for India.
The revision reflects an expected boost in consumer spending and investment, signaling economic recovery and stability.
          ____________________________



* SEBI Approves Reappointment of Nehal Vora as MD & CEO of Central Depository Services Ltd (CDSL).
Nehal Vora's reappointment ensures continuity in CDSL’s leadership, promoting stability and growth in the securities depository sector.
SEBI’s approval highlights confidence in Vora's strategic vision and leadership, vital for CDSL’s ongoing success.
          ____________________________



* Vice Admiral Rajesh Dhankhar Assumes Role as Director General of Project Seabird.
Vice Admiral Dhankhar's appointment is expected to accelerate Project Seabird's infrastructure expansion and modernization goals.
Project Seabird aims to bolster India's naval defense capabilities through advanced technologies and strategic naval base development.
          ____________________________



* Singapore Airlines Gets FDI Approval for Vistara-Air India Merger.
The merger will streamline operations and enhance service quality for domestic and international travelers.
This approval accelerates the consolidation process, positioning the merged airline as a major industry player.
          ____________________________



* GSL Launches India's First PCVs 'Samudra Pratap' and Yard 1267 for Indian Coast Guard.
'Samudra Pratap' is equipped with advanced surveillance technology, enhancing the Indian Coast Guard's operational efficiency and reach.
GSL’s achievement highlights India’s growing self-reliance in defense shipbuilding and commitment to maritime security.
          ____________________________



* Renowned Lawyer AG Noorani Passes Away.
AG Noorani’s legal expertise greatly influenced India’s constitutional framework and legal reforms.
His scholarly works remain essential references in Indian legal education and practice.
          ____________________________



* RBI Imposes Rs 2.68 Crore Penalty on UCO Bank.
UCO Bank must submit a compliance report to the RBI within 30 days.
The penalty underscores the RBI's commitment to strict regulatory enforcement.
          ____________________________



* International Day for People of African Descent Celebrated on August 31, 2024.
The day encourages discussions on racial equity and highlights ongoing struggles faced by African descent communities worldwide.
It also celebrates the rich cultural contributions of African heritage to global society, fostering cross-cultural appreciation.
          ____________________________



* On 30th August 2024, Prime Minister Modi visited Maharashtra and Rajasthan, with the primary objective of inaugurating infrastructure projects.
PM Modi praised the states' rapid development, emphasizing the role of infrastructure in regional progress.
The inaugurated projects are expected to create job opportunities and improve living standards in both states.
          ____________________________



* PM Narendra Modi Inaugurates National Conference of District Judiciary, Unveils New Supreme Court Flag.
Modi emphasized the need for technology integration in district courts to streamline judicial processes and case management.
The new Supreme Court flag symbolizes a commitment to upholding justice and reinforcing the judiciary's role in democracy.
          ____________________________



* DDA, MCD, and Survey of India Sign MoU for Drone Surveys to Monitor Land Encroachment in Delhi.
Drone technology will be used for monitoring land encroachments.
Modernizes urban management and leverages advanced technology for better governance and control over land encroachments.
          ____________________________



* Indian Army Launches First Phase of Project NAMAN to Support Veterans and Their Families.
Project NAMAN aims to enhance vocational training and employment opportunities for veterans.
The initiative includes health camps and counseling sessions for better mental and physical well-being.
          ____________________________



* MoYAS Minister Mansukh Mandaviya Launches Training Program for Empowering Retired Sportspersons.
The program includes workshops on career development, entrepreneurship, and personal growth for retired athletes.
The program includes workshops on career development, entrepreneurship, and personal growth for retired athletes.
          ____________________________



* DEA Announces 6 New Rules for PPF, Sukanya Samriddhi Yojana, and Other Small Savings Schemes Effective October 1, 2024.
The new rules mandate annual reviews of interest rates to align with market conditions and Simplified documentation requirements aim to make account management easier for investors.
          ____________________________



* Hindustan Aeronautics Limited (HAL) and SAFHAL Sign Contract to Develop and Produce "Aravalli" Helicopter Engines.
The agreement highlights India's commitment to advancing defense technology and reducing reliance on foreign aerospace components.
The partnership aims to create new job opportunities and foster growth in India's aerospace manufacturing sector.
          ____________________________



* IIS (Indian International School) Signs MoU with UWW (United World Wrestling) to Promote Wrestling in India.
The MoU includes joint efforts to improve coaching standards and facilities for wrestling across India.
IIS and UWW plan to launch wrestling scholarships to support talented athletes and encourage their development.
          ____________________________



* New Zealand's Māori King Kiingi Tuheitia Has Passed Away.
Kiingi Tuheitia's leadership significantly impacted Māori community unity and cultural preservation.
His death marks the end of an era in Māori leadership and advocacy.
          ____________________________



* World Coconut Day Celebrated on September 2, 2024.
World Coconut Day promotes innovations in coconut-based products and sustainable farming practices.
Celebrations include showcasing coconut's role in traditional and modern cuisine worldwide.
          ____________________________



* National Nutrition Week Celebrated from September 1 to 7, 2024.
Various nutritional workshops will be held in schools to promote healthy eating habits among children.
Community events will focus on the benefits of integrating fruits and vegetables into daily meals.
          ____________________________



* IAS Officer Dharmendra Appointed as Chief Secretary of Delhi.
Dharmendra's appointment is seen as a move to enhance administrative efficiency in Delhi’s governance structure.
He succeeds the former Chief Secretary, marking a transition in leadership for Delhi's administrative team.
          ____________________________



* UN Allocates $100 Million from CERF to Address Humanitarian Emergencies in 10 Countries.
The allocation aims to enhance humanitarian response capabilities and improve conditions for displaced and vulnerable communities.
The funding will support health services, education, and protection efforts to mitigate the impact of ongoing crises.
          ____________________________



* Air Marshal Tejinder Singh Assumes Office as Deputy Chief of Air Staff (DCAS) of Indian Air Force (IAF).
Air Marshal Tejinder Singh brings extensive experience to his new role, enhancing strategic planning within the IAF.
His appointment aims to strengthen operational readiness and advance modernization efforts in the Indian Air Force.
          ____________________________



* Global Fintech Fest 2024 in Mumbai Unveils Latest Innovations and Trends in Financial Technology.
The project will enhance regional energy cooperation and support sustainable development across the India-Nepal border.
Improved electricity transmission is expected to boost local economies and improve living standards in border regions.
          ____________________________



* Charles Leclerc of Ferrari Wins the 2024 Italian Grand Prix.
The win solidifies Leclerc's position as a top contender for the championship.
Leclerc’s victory at Monza is Ferrari’s first win of the 2024 season.
          ____________________________



* SEBI Revises Eligibility Criteria for Entry and Exit of Stocks in F&O Segment.
SEBI aims to reduce speculative trading by tightening stock eligibility for F&O trading.
The update enhances transparency and ensures only financially sound stocks are included in the F&O segment.
          ____________________________



* Tata AIA Unveils USD-Denominated Life Insurance Solutions for NRIs.
Tata AIA's new policies offer enhanced investment opportunities with stable USD returns for global NRIs.
The launch aims to simplify financial management for NRIs, integrating insurance and investment in a single currency.
          ____________________________



* Aditya Birla Sun Life Insurance and Policybazaar Launch New Term Insurance Plan "Income Suraksha Plan".
The Income Suraksha Plan offers customizable coverage to suit individual needs and financial goals.
Policyholders can benefit from tax advantages on premiums paid under the Income Suraksha Plan.
          ____________________________



* According to National Statistical Office (NSO) India Reports Real GDP Growth Slows to 15-Month Low of 6.7% in Q1 FY25.
Consumer spending and investment growth have weakened, contributing to the slower GDP growth in the recent quarter.
The slowdown may prompt the Reserve Bank of India to reconsider its monetary policy stance.
          ____________________________



* National Security Advisor Ajit Kumar Doval Visits Colombo to Sign Founding Documents of the Colombo Security Conclave.
The Colombo Security Conclave was initiated in 2011, focusing on regional maritime cooperation and security.
Mauritius and Seychelles have been invited to join the conclave as observers, expanding the security dialogue.
          ____________________________



* Defence Acquisition Council (DAC) Approves 10 Capital Acquisition Proposals Worth ₹1.45 Lakh Crore to Boost Defence Preparedness.
The approved proposals will prioritize modernizing India's naval, air, and land-based defence systems.
This initiative aligns with India's goal to reduce dependency on foreign defence imports and enhance self-reliance.
          ____________________________



* Department of Telecommunications (DoT) Announces New Rules for Digital Bharat Nidhi to Enhance Telecom Access.
The new rules emphasize improved coordination between telecom operators and local authorities for efficient implementation.
Enhanced funding provisions aim to accelerate the rollout of 5G and other advanced technologies across rural areas.
          ____________________________



* Union Minister Shivraj Singh Chauhan Launches AgriSURE Fund and Frishi Nivesh Portal.
The AgriSURE Fund will provide risk management tools to mitigate agricultural investment uncertainties.
The Frishi Nivesh Portal will streamline the process for investors, encouraging more agricultural investments.
          ____________________________



* NTH (National Thermal Power Corporation) and BEE (Bureau of Energy Efficiency) Sign MOU to Promote Energy Efficiency Across India.
NTH and BEE will jointly develop energy-efficient technologies and practices tailored to various industries and sectors.
The MOU includes training programs to enhance energy management skills among professionals and organizations across India.
          ____________________________



* In the history of Indian football Northeast United FC Wins First Durand Cup by Defeating Mohun Bagan SG.
Northeast United FC's win highlights their rise in Indian football. The victory ends Mohun Bagan SG's title defense streak.
          ____________________________



* 2nd Meeting of Joint Russian-Indian Commission on Emergency Management Cooperation Held in Russia.
Both countries agreed to establish a joint task force for real-time emergency response and coordination.
Plans for a joint emergency management exercise were proposed to test and improve preparedness for future disasters.
          ____________________________



* Sharath Kamal Named First Indian Ambassador of International Table Tennis Federation (ITTF) Foundation.
Sharath Kamal’s new role aims to boost table tennis infrastructure and support grassroots initiatives across India.
The ITTF Foundation’s appointment highlights India’s growing influence in the global table tennis community.
          ____________________________



* Y. Haragopal Appointed as Managing Director of NABCONS (National Bank for Agriculture and Rural Development Consultancy Services).
Haragopal’s appointment aims to enhance NABCONS' strategic initiatives and project management capabilities in rural development.
His expertise is expected to drive innovation and efficiency in NABCONS' consultancy services for agriculture and rural sectors.उनकी विशेषज्ञता NABCONS की कृषि और ग्रामीण क्षेत्रों के लिए कंसल्टेंसी सेवाओं में नवाचार और दक्षता लाएगी।
          ____________________________



* World Bank Revises India's FY25 GDP Growth Estimate to 7% from 6.6%.
The revised growth estimate reflects improved economic conditions and a stronger recovery trajectory for India.
The World Bank's update is expected to enhance investor confidence and attract further investment into the Indian economy.
          ____________________________



* Assam to celebrate 20th August as sootea day from 2025.
The initiative aims to strengthen community bonds and encourage local participation in cultural festivities and preservation efforts.
Educational programs will be launched to highlight the historical significance of Sootia and its impact on Assam's heritage.
          ____________________________



* ICICI Prudential Life Insurance Launches ICICI Pru Signature Pension to Boost Retirement Savings.
The plan includes tax benefits and insurance cover, ensuring added security for policyholders during retirement.
ICICI Pru Signature Pension offers a variety of fund options to align with different risk appetites and goals.
          ____________________________



* POP (Pay Over Payment) Launches India's First Multi-Brand Co-Branded Credit Card in Partnership with RuPay (Rupay Unified Payments Interface) and Yes Bank.
The card integrates rewards from multiple brands, enhancing shopping experiences and saving opportunities for users.
POP’s collaboration with Yes Bank aims to expand financial inclusion and provide tailored financial solutions in India.
          ____________________________



* Union Minister Shivraj Singh Chauhan Launches AgriSURE Fund and Frishi Nivesh Portal.
The AgriSURE Fund will provide risk management tools to mitigate agricultural investment uncertainties.
The Frishi Nivesh Portal will streamline the process for investors, encouraging more agricultural investments.
          ____________________________



* CM Eknath Shinde Inaugurates 27th National Conference on e-Governance in Mumbai.
The conference emphasized digital innovation and showcased successful e-governance projects from various Indian states.
Several states presented their successful e-governance projects, showcasing how technology is transforming public service delivery across India.
          ____________________________



* President Droupadi Murmu Sanctions 23rd Law Commission of India for 2024-2027.
The 23rd Law Commission will focus on addressing emerging legal issues and enhancing legal reforms in India.
Its mandate includes evaluating current laws and proposing updates to align with modern societal needs and challenges.
          ____________________________



* President Delegates Powers to Delhi Lieutenant Governor (LG) to Constitute Authorities or Statutory Bodies.
The delegation of powers is aimed at reducing bureaucratic delays and improving decision-making efficiency in Delhi.
The Delhi LG will now have greater authority to address urgent administrative issues more swiftly.
          ____________________________



* Special Care Gold Star Health Launches India's First Braille Insurance Policy.
The policy includes features such as Braille documentation and dedicated customer support for visually impaired individuals.
Special Care Gold Star Health’s initiative aims to empower visually impaired individuals with better financial security and independence.
          ____________________________



* Axis Bank Launches Innovative Digital Solutions UPI-ATM and Bharat Connect for Business.
UPI-ATM solution enhances transaction convenience with secure, cashless payments at ATM locations.
Bharat Connect for Business integrates financial services, providing a unified platform for effective payment management.
          ____________________________



* Indian Institute of Management Kozhikode (IIMK) LIVE and Reserve Bank Innovation Hub (RBIH) Sign Memorandum of Understanding to Promote Innovation and Research in FinTech Sector.
The MoU includes joint workshops and seminars to facilitate knowledge exchange and collaborative FinTech projects.
IIMK LIVE and RBIH will also offer mentorship and support for FinTech startups and innovative solutions.
          ____________________________



* India's UPI Processes Transactions Worth Nearly ₹81 Lakh Crore from April to July, Surpassing World's Leading Digital Payment Platforms.
UPI transactions continue to grow exponentially, contributing to financial inclusion across urban and rural India.
India's UPI system sets new benchmarks globally, driving innovation in the digital payments ecosystem.
          ____________________________



* Hayao Miyazaki Included in the List of 2024 Ramon Magsaysay Award Winners.
Miyazaki’s work continues to inspire new generations of animators worldwide with its rich storytelling and visual artistry.
The Ramon Magsaysay Awards highlight contributions across Asia, celebrating achievements that impact society and culture significantly.
          ____________________________



* International Olympic Committee Awards Olympic Order in Gold to French President Emmanuel Macron, Laurent Nunez and Nicolas Ferrand.
Macron's leadership in advancing Olympic values has been recognized with the highest honor from the IOC.
Nunez and Ferrand’s efforts in supporting Olympic initiatives have been celebrated with the prestigious Olympic Order.
          ____________________________



* International Olympic Committee Awards Olympic Order in Gold to French President Emmanuel Macron, Laurent Nunez and Nicolas Ferrand.
Macron's leadership in advancing Olympic values has been recognized with the highest honor from the IOC.
Nunez and Ferrand’s efforts in supporting Olympic initiatives have been celebrated with the prestigious Olympic Order.
          ____________________________



* According to WHO Report, Road Accident Deaths in India Surge by 2% from 2010 to 2021.
Increased vehicle density and speeding contribute to the rise in road accident fatalities in India.
Better road design and public awareness are crucial to reducing road accident deaths.
          ____________________________



* Paysharp Receives Final Authorization from Reserve Bank of India (RBI) to Act as a Payment Aggregator (PA).
Paysharp’s authorization enhances its credibility and trustworthiness among businesses and consumers in the digital payment ecosystem.
The RBI’s approval reflects ongoing support for the growth and regulation of India’s digital payment infrastructure.
          ____________________________



* Rane Holdings Gets CCI Approval for Acquiring 51% Stake in Steering Systems.
The acquisition will enhance Rane Holdings’ technological expertise in steering systems, benefiting from advanced industry innovations.
This deal positions Rane Holdings to expand its influence in the global automotive market and drive future growth.
          ____________________________



* National teacher day is celebrated on 5 September 2024.
Schools organized special events and award ceremonies to honor outstanding teachers and their contributions to education.
The day emphasized the importance of teachers' roles in building a knowledgeable and informed future generation.
          ____________________________



* National teacher day is celebrated on 5 September 2024.
Schools organized special events and award ceremonies to honor outstanding teachers and their contributions to education.
The day emphasized the importance of teachers' roles in building a knowledgeable and informed future generation.
          ____________________________



* Ministry of Electronics and Information Technology (MeitY) Launches Vishvasya Blockchain Stack to Offer Blockchain as a Service (BaaS) with Distributed Infrastructure.
Vishvasya Blockchain Stack will streamline digital transactions, reducing operational costs for businesses and government sectors.
The initiative supports India’s goal to become a global leader in blockchain technology and digital innovation.
          ____________________________



* Indian Navy and South African Navy Sign Agreement to Enhance Submarine Rescue Support Cooperation.
The agreement includes provisions for joint naval exercises to practice submarine rescue techniques and enhance operational efficiency.
Both navies will share best practices and technologies to advance their submarine rescue capabilities and improve safety.
          ____________________________



* Union Textiles Minister Giriraj Singh Launches India's First Fashion Forecasting Initiative 'visioNxt'
'visioNxt' will integrate AI and machine learning to enhance accuracy in fashion trend predictions.
The initiative aims to support sustainable fashion by forecasting trends that align with environmental goals.
          ____________________________



* Ministry of Law and Justice (MoL&J) Launches New Notary Portal for Seamless, Efficient, and Transparent Notary Appointments.
The portal offers real-time updates and notifications for appointment status, enhancing user experience. It integrates online payment options for convenience and efficiency.
          ____________________________



* UK and India Launch United Kingdom-India Infrastructure Financing Bridge (UKIIFB).
The UKIIFB will provide financial support for sustainable infrastructure projects, promoting green investments and innovations.
This partnership aims to create job opportunities and stimulate economic growth through collaborative infrastructure development across both nations.
          ____________________________



* India and UAE (United Arab Emirates) Sign MoU to Strengthen Public Sector Audit Cooperation.
The MoU includes joint training programs for auditors to enhance skills and knowledge exchange. It establishes a framework for regular reviews and assessments of public sector auditing practices.
          ____________________________



* SEBI Forms 22-Member Advisory Committee on Listing Obligations.
The committee will review regulatory frameworks to ensure they are in line with global best practices.
Aims to enhance investor confidence by promoting greater transparency and accountability in the listing process.
          ____________________________



* Motilal Oswal Launches India's First 500 Momentum 50 Index Fund.
The fund offers a unique opportunity to invest in high-momentum stocks with potential for superior returns.
It enhances portfolio diversification by focusing on momentum-driven stocks within the broad Nifty 500 universe.
          ____________________________



* SEBI Forms 22-Member Advisory Committee on Listing Obligations.
The committee will review regulatory frameworks to ensure they are in line with global best practices.
Aims to enhance investor confidence by promoting greater transparency and accountability in the listing process.
          ____________________________



* BharatPe Partners with Unity Bank to Launch Third-Party Application for Seamless Digital Payments.
The app is expected to enhance user experience by offering a secure platform for seamless digital payments.
This collaboration aims to drive financial inclusion by expanding digital payment access to underserved regions.
          ____________________________



* According to Ind-Ra Report, India's Current Account Deficit May Rise to 1% of GDP in Q2 FY25.
Increased global oil prices may exacerbate the current account deficit by raising import costs.
External economic conditions could impact India's trade balance and deficit levels.
          ____________________________



* Financial Services Institutions Bureau (FSIB) Recommends Rama Mohan Rao Amara for Managing Director of State Bank of India (SBI).
FSIB's recommendation highlights its role in shaping leadership in major financial institutions.
Rama Mohan Rao Amara’s appointment aims to enhance SBI’s strategic direction and financial stability.
          ____________________________



* Financial Services Institutions Bureau (FSIB) Recommends Rama Mohan Rao Amara for Managing Director of State Bank of India (SBI).
FSIB's recommendation highlights its role in shaping leadership in major financial institutions.
Rama Mohan Rao Amara’s appointment aims to enhance SBI’s strategic direction and financial stability.
          ____________________________



* Government Appoints Deepti Gaur Mukerjee as SEBI Board Member.
Mukerjee’s appointment reflects the government’s commitment to strengthening financial regulations and market oversight.
Her experience will aid SEBI in enhancing investor protection and market integrity.
          ____________________________



* Ministry of Panchayati Raj and United Nations International Children's Emergency Fund (UNICEF) Sign Letter of Intent to Strengthen Systems for Social Change.
The collaboration emphasizes capacity building for local leaders to drive community-led development initiatives.
Special focus will be given to improving access to essential services like clean water, sanitation, and nutrition.
          ____________________________



* PM Modi to launch 'Jal Sanchay Jan Bhagidari' initiative in Gujarat.
Highlighting the necessity of environment and water conservation, the Prime Minister pointed out that India is home to only 4 percent of the freshwater in the world.
Shri Modi expressed happiness towards the inception of public participation in the meaningful efforts of water conservation. He extended his best wishes to the Ministry of Jalshakti, Government of Gujarat and all the stakeholders in the initiative.
          ____________________________



* According to the MoSPI report, Telangana and Tamil Nadu are leading in Gross State Domestic Product (GSDP) growth among the top 10 largest states in FY24.
Telangana's IT sector growth has significantly boosted its GSDP, contributing to its top performance in FY24.
Tamil Nadu's industrial expansion has played a key role in its high GSDP growth rate among top states.
          ____________________________



* PM Narendra Modi Addresses First International Solar Festival Virtually from New Delhi.
The festival provides an opportunity for global collaboration on solar energy advancements and climate action strategies.
PM Modi’s speech reinforced India's role in leading global efforts for a sustainable and green energy future.
          ____________________________



* Algeria Joins BRICS New Development Bank as New Member.
Algeria’s membership expands NDB’s influence in North Africa and strengthens regional economic integration.
The move enhances Algeria’s infrastructure financing opportunities, supporting its long-term development goals.
          ____________________________



* ISA, MIGA set up multi-donor trust fund to support solar projects.
The facility will initially focus on supporting Sub-Saharan Africa with plans to expand globally.
ISA has committed a seed funding of USD 2 million, with a target to raise USD 10 million for the facility.
          ____________________________



* International day of charity is celebrated on 5 September 2024.
The day emphasizes the impact of small donations and community involvement in fostering global charity efforts.
Educational campaigns on this day aim to raise awareness about charitable needs and encourage volunteerism.
          ____________________________



* Deposit Insurance and Credit Guarantee Corporation (DICGC) Introduces 'Daava Soochak' for Claim Status Tracking.
'Daava Soochak' simplifies claim status tracking, reducing processing delays and enhancing user experience.
The tool is accessible online, allowing users to monitor their insurance claims from anywhere.
          ____________________________



* HDB Financial Services Becomes the First Non-Banking Financial Company to Launch National Payments Corporation of India’s e-KYC Setu System.
HDBFS's adoption of e-KYC Setu system sets a benchmark for other NBFCs in digital verification efficiency.
The new system aims to enhance compliance and reduce operational costs through streamlined customer verification processes.
          ____________________________



* PayMate Partners with National Bulk Billing Ltd (NBBL) to Launch Bharat Bill Payment System (BBPS) - Business-to-Business (B2B) Platform.
The platform will facilitate seamless integration with existing systems, ensuring smooth bill payment operations for businesses.
It aims to reduce transaction costs and enhance transparency in B2B billing processes through advanced technology.
          ____________________________



* Raja Randhir Singh Becomes the First Indian President of the Olympic Council of Asia (OCA).
Singh’s appointment boosts India’s prominence in global sports leadership and enhances the country’s role in Asian sports.
As OCA President, Singh aims to increase sports participation and foster regional cooperation across Asian nations.
          ____________________________



* Ministry of Finance to Sell 6.78% Stake in General Insurance Corporation of India (GIC Re) for ₹4,700 Crore.
The stake sale reflects the government’s ongoing effort to divest non-core assets and optimize public sector investments.
Proceeds from the sale will support government initiatives, including infrastructure projects and social welfare programs.
          ____________________________



* ISRO to Launch First Base Module of Bharatiya Antariksh Station by 2028.
The Bharatiya Antariksh Station will enhance international collaboration in space research and technology development.
The project aims to establish India as a leading player in space exploration and habitation.
          ____________________________



* International day of clean Air for Blue skies is celebrated on 7 september 2024.
The day emphasizes reducing air pollution through innovative technologies and sustainable practices.
Governments committed to enhancing air quality regulations and international cooperation for cleaner skies.
          ____________________________



* United Nations' First-Ever World Duchenne Awareness Day Celebrated on September 7, 2024.
The UN’s initiative highlights the urgent need for global collaboration to advance Duchenne muscular dystrophy research and treatment.
Various international organizations joined hands to promote awareness and fundraise for better care and innovative solutions.
          ____________________________



* 2nd international day of police cooperation is celebrated on 7 September 2024.
The event fostered enhanced cooperation and understanding among global police agencies.
Emphasis was placed on sharing best practices and successful case studies.
          ____________________________



* MoHFW Approves New "BPaLM" (Bedaquiline, Pretomanid, Linezolid, Moxifloxacin) Treatment Regimen for Multidrug-Resistant Tuberculosis (MDR-TB).
The BPaLM regimen shortens MDR-TB treatment duration, enhancing patient compliance and treatment success rates.
This approval is expected to reduce the spread of MDR-TB and improve overall TB management in India.
          ____________________________



* Union Bank of India Becomes the First Major Bank to Join the Partnership for Carbon Accounting Financials (PCAF).
Union Bank of India's PCAF membership will enhance its climate risk management and transparency in financial reporting.
The bank's PCAF involvement reflects a commitment to global climate initiatives and supports sustainable finance practices.
          ____________________________



* Algerian President Abdelmadjid Tebboune Re-Elected for Second Term.
Tebboune aims to strengthen Algeria's economic partnerships and attract foreign investment during his second term.
His re-election underscores a desire for continuity in Algeria's political landscape and ongoing reform efforts.
          ____________________________



* Subrata Mondal Appointed as Managing Director & Chief Executive Officer of IFFCO Tokio General Insurance (Indian Farmers Fertiliser Cooperative Limited).
Mondal's appointment is expected to enhance IFFCO Tokio's market presence and operational efficiency in the insurance sector.
His leadership aims to drive innovation and customer-focused strategies at IFFCO Tokio General Insurance.
          ____________________________



* Vice Admiral Vineet McCarty Assumes Charge as Controller of Personnel Services in the Indian Navy.
Vice Admiral McCarty will oversee the implementation of personnel policies, enhancing efficiency and support within the Navy. His experience will focus on improving recruitment processes and overall welfare for Navy personnel.
          ____________________________



* India Successfully Test-Fires Agni-4 Ballistic Missile in Chandipur, Odisha.
The Agni-4 missile test enhances India’s strategic strike capabilities and strengthens its regional defense postures.
This successful test reaffirms India's commitment to advancing its indigenous missile technology and maintaining national security.
          ____________________________



* Jannik Sinner Wins Men's Singles Title at US Open 2024 or Aryna Sabalenka Claims Women's Singles Title.
Jannik Sinner’s victory adds to Italy’s tennis legacy, highlighting emerging talent in the sport.
Aryna Sabalenka’s win cements her position among the elite, showcasing her dominance in women’s tennis.
          ____________________________



* Renowned English Professor K. Chellappan, Sahitya Akademi Award Winner, Passes Away.
Chellappan's scholarly work greatly influenced modern English literature and inspired countless students and academics.
His passing leaves a void in literary circles, with many reflecting on his profound impact on education.
          ____________________________



* International literacy day is celebrated on 8 September 2024.
Literacy initiatives focus on improving access to education and addressing barriers faced by marginalized communities worldwide.
Educational institutions collaborated on International Literacy Day to promote innovative teaching methods and inclusive learning environments.
          ____________________________



* World physiotherapy day is celebrated on 8 September 2024.
Physiotherapy Day emphasized early intervention and prevention strategies to enhance overall health and wellness.
Various workshops and seminars educated the public about innovative physiotherapy techniques and treatments.
          ____________________________



* Odisha CM Mohan Charan Majhi Launches CM-KISAN Scheme.
The scheme will also offer training programs to enhance farmers' skills in modern agricultural practices.
Farmers can avail of low-interest loans through the CM-KISAN Scheme for purchasing farming equipment and technology.
          ____________________________



* Himachal CM Sukhvinder Sukhu Launches Himachal Road Transport Corporation's (HRTC) National Common Mobility Card for Cashless Travel Across India.
The NCMC card supports multiple payment modes, including contactless transactions, enhancing user convenience and speed.
This initiative aims to reduce the reliance on cash, promoting digital payment adoption across various transport services.
          ____________________________



* 20th India-US Joint Military Exercise 'Yudh Abhyas' Commences in Rajasthan.
The exercise emphasizes joint disaster relief operations in addition to combat and counter-terrorism strategies.
Participation in Yudh Abhyas includes specialized military units with experience in high-altitude and desert warfare.
          ____________________________



* Pradhan Mantri Kisan Maandhan Yojana Completes 5 Years of Successful Implementation.
Over 2 crore farmers have benefitted from the scheme, ensuring long-term financial stability for many.
The government plans to enhance the scheme by expanding eligibility and increasing pension benefits in the future.
          ____________________________



* Ministry of Defence(MoD) Signs Rs 26,000 Crore Contract with Hindustan Aeronautics Limited for 240 AL-31FP Aero Engines.
The contract underscores the government's commitment to boosting indigenous defense capabilities and reducing dependence on foreign suppliers.
HAL will be responsible for the production and delivery of high-performance engines, enhancing the Air Force’s fleet.
          ____________________________



* United Nations General Assembly (UNGA) Declares July 6 as World Rural Development Day.
The new observance encourages global collaboration to tackle rural challenges and boost sustainable practices.
July 6 aims to increase focus on rural issues and drive policies for comprehensive development.
          ____________________________



* Nepal Becomes 101st Full Member of International Solar Alliance (ISA).
Nepal’s membership enhances its global position in renewable energy initiatives and climate action efforts.
The ISA’s support will help Nepal advance its solar energy infrastructure and sustainability projects significantly.
          ____________________________



* IAS Officer Manish Kumar Gupta Appointed Chief Secretary of Arunachal Pradesh.
Manish Kumar Gupta will oversee Arunachal Pradesh's administrative reforms and drive the state’s development agenda.
His appointment emphasizes the government’s strategy to enhance efficiency and governance in Arunachal Pradesh’s administration.
          ____________________________



* SBI Unveils Three New Offerings to Simplify Payments for Commuters.
SBI’s contactless payment card enhances security and convenience for daily transactions.
Digital wallet integration supports multiple transportation options for easier, unified payments.
          ____________________________



* Amit Shah Unanimously Re-Elected as Chairperson of Parliamentary Committee on Official Language.
Shah’s re-election ensures continuity in language policy reforms and further development of language-related legislative measures.
The committee aims to enhance the use of official languages in government operations and public services.
          ____________________________



* "NSPL (Nibe Satellite Private Limited) to Launch India’s First Earth Observation Satellite Constellation, Advancing Space Capabilities and Environmental Monitoring.
The satellite constellation will offer enhanced surveillance capabilities for agriculture and resource management across India.
The initiative promises to strengthen India’s technological infrastructure, fostering advancements in space technology and innovation.
          ____________________________



* Six New Ginger Species Discovered in West Bengal, Meghalaya, and Mizoram.
The discovery highlights the importance of preserving northeastern India’s unique plant species for future research and conservation.
These new ginger species may offer valuable insights into plant adaptation and resilience in diverse environmental conditions.
          ____________________________



* Renowned Film Scholar Aruna Vasudev, Known as the 'Mother of Asian Cinema,' Passes Away.
Aruna Vasudev's efforts led to wider appreciation of Asian cinema on the global stage.
Her impactful film festivals showcased numerous Asian filmmakers and brought their work to international audiences.
          ____________________________



* 15th himalya divas is celebrated on 9 September 2024.
The event included interactive sessions with local communities to discuss sustainable practices and environmental stewardship in the Himalayas.
Participants signed pledges to support conservation projects, committing to long-term efforts to protect the Himalayan ecosystem.
          ____________________________



* International day to protect education from attack is celebrated on 9 September 2024.
The day emphasizes global solidarity to prevent attacks on educational facilities and promote safe learning environments.
Governments and organizations committed to improving security measures in schools and ensuring uninterrupted access to education.
          ____________________________



* World suicide prevention day is celebrated on 10 September 2024.
Community outreach programs emphasized to provide support and resources for individuals in crisis.
Educational workshops aimed to equip people with tools to recognize and address mental health issues early.
          ____________________________



* Ministry of Steel Hosts "Greening Steel Pathway to Sustainability" Event in New Delhi.
The event showcased best practices in steel production to minimize ecological footprints and maximize resource efficiency.
Government officials emphasized policy measures to support sustainable steel practices and encourage industry-wide adoption of green technologies.
          ____________________________



* "Ministry of Health Releases 'Health Dynamics of India 2022-23' Report, Offering Insight into Healthcare Trends and Challenges".
The report highlights regional disparities in healthcare access and quality, prompting targeted interventions.
It emphasizes the need for improved data collection to enhance health policy planning and implementation.
          ____________________________



* Ministry of Corporate Affairs(MCA) Notifies Competition (Amendment) Act 2023 for Mergers and Acquisitions.
The amendment simplifies the merger review process to expedite approvals and reduce bureaucratic hurdles.
It introduces revised thresholds to better capture and assess competitive impacts of significant transactions.
          ____________________________



* Ministry of Skill Development and Entrepreneurship (MSDE) Signs MoU with Swiggy for Logistics and Upskilling Partnership.
The partnership will facilitate the development of sector-specific training modules tailored to industry requirements and standards.
Swiggy’s involvement aims to bridge skill gaps and enhance employability for individuals seeking careers in logistics.
          ____________________________



* Indian Navy’s P-81 Takes Part in Exercise "Kakadu 2024" Hosted by Royal Australian Navy.
The P-81's participation highlights India’s commitment to enhancing maritime security and regional stability in the Indo-Pacific.
Exercise Kakadu 2024 includes diverse scenarios to improve tactical skills and strategic coordination among international naval forces.
          ____________________________



* India-US Defence Summit 'INDUS-X' Launches New Webpage to Aid Investors.
The new webpage will feature real-time updates on defence projects and strategic investment trends.
Investors will gain insights into upcoming joint defence ventures and opportunities for collaboration between the two nations.
          ____________________________



* Elon Musk is expected to become the world's first trillionaire by 2027 and Gautam Adani by 2028.
Musk's and Adani's rising wealth signals a major shift in global economic power and investment opportunities.
Their projected net worths highlight an unprecedented era of financial growth and influence in the business world.
          ____________________________



* Aviva Life Insurance Launches 'Aviva Signature Increasing Income Plan'.
The plan provides guaranteed increasing income, helping policyholders plan for future financial goals. It offers customizable premium payments to suit different financial situations.
          ____________________________



* National Thermal Power Corporation Limited (NTPC) and Suzlon Energy Limited Partner for India’s Largest Wind Energy Order of 1,166 MW.
The project will create numerous job opportunities and stimulate economic growth in the renewable energy sector.
This partnership will help India achieve its ambitious climate goals by increasing the share of wind energy.
          ____________________________



* PM Modi chairs first governing board meeting of newly formed Anusandhan National Research Foundation (ANRF).
Education Minister Dharmendra Pradhan’s participation highlights the importance of integrating education policy with research initiatives.
The ANRF aims to foster innovation and excellence in scientific research, supporting India’s broader educational and research objectives.
          ____________________________



* Tayyab Ikram Set for Second Term as President of the International Hockey Federation (FIH).
Ikram’s reappointment reflects confidence in his leadership to foster hockey’s global growth and innovation.
The FIH under Ikram's guidance will focus on increasing grassroots participation and improving infrastructure for the sport.
          ____________________________



* Rane Holdings Gets CCI Approval for Acquiring 51% Stake in Steering Systems.
The acquisition aims to leverage Steering Systems' advanced technology for better product offerings.
Rane Holdings anticipates enhanced strategic positioning and competitive advantage post-acquisition.
          ____________________________



* Moeen Ali Announces Retirement from International Cricket.
Moeen Ali's decision comes after 15 years of remarkable international cricket career. He plans to focus on franchise T20 leagues and domestic matches.
          ____________________________



* National forest Martyrs is celebrated on 11 September 2024.
The day highlights the critical role of forest officials in preventing illegal activities and protecting wildlife.
Special awards were given to outstanding forest personnel for their exceptional service and dedication.
          ____________________________



* On the 1st Foundation Day of 14C, Home Minister Amit Shah Launches 4 Key Initiatives for Cyber Crime Prevention.
The initiatives aim to strengthen national cybersecurity framework and enhance rapid response capabilities to cyber incidents.
A dedicated helpline will be established to assist victims of cyber crimes and report suspicious activities.
          ____________________________



* Union Minister Kiren Rijiju Launches 6 Initiatives as Part of 100-Day Achievements of the Ministry of Panchayati Raj (MPA).
The initiatives will boost rural employment opportunities and enhance the delivery of essential services at the local level.
Increased funding for Panchayats will support infrastructure development and improve access to government schemes for villagers.
          ____________________________



* Ministry of Statistics and Programme Implementation (MoSPI) Dissolves 14-Member Standing Committee on Statistics Amidst Delayed Census.
The dissolution aims to streamline the process and address issues in statistical data collection and reporting.
The decision highlights the urgent need for reforms in the national census and statistical oversight mechanisms.
          ____________________________



* Commerce and Industry Minister Piyush Goyal Launches Trade Connect E-Platform.
Trade Connect offers a user-friendly interface for businesses to access trade-related resources and information easily.
The platform supports integration with existing trade systems, enhancing overall trade management and coordination.
          ____________________________



* Department of Telecommunications (DoT) Simplifies Licensing and Equipment Approval Processes to Boost Telecom Sector.
The simplified processes aim to reduce operational costs and accelerate market entry for telecom companies.
Faster approvals are expected to boost innovation and competition, benefiting consumers with better services.
          ____________________________



* Max Life Insurance Enters Bancassurance Partnership with CSB Bank to Offer Insurance Products.
The partnership will enhance Max Life's access to rural and semi-urban markets through CSB Bank's extensive network.
CSB Bank customers will benefit from personalized life insurance products and financial planning services offered by Max Life.
          ____________________________



* Pixxel Secures $476 Million NASA Contract to Support Earth Science Research with Hyperspectral Technology.
Pixxel's hyperspectral technology will enhance NASA’s monitoring of climate change and environmental conditions globally.
This contract represents a major investment in space-based Earth observation and advanced imaging capabilities.
          ____________________________



* President Droupadi Murmu Confers National Florence Nightingale Award 2024 to 15 Nurses and Midwives.
The award emphasizes the critical impact of nurses and midwives in enhancing patient care and safety.
The event underscored the importance of recognizing and supporting healthcare professionals for their vital contributions.
          ____________________________



* India Slips to 33rd Rank in U.S. News & World Report's Annual Best Countries Ranking 2024 or Switzerland Tops the List.
India's decreased ranking highlights growing competition and changing global dynamics in international reputation assessments.
Switzerland’s consistent top position reflects its robust economy and stable governance, setting a benchmark for other nations.
          ____________________________



* National Thermal Power Corporation (NTPC) Talcher Kaniha Receives 2024 Energy Management Insight Award from Clean Energy Ministerial.
NTPC Talcher Kaniha has set new benchmarks in operational efficiency through sustainable energy practices.
The award strengthens NTPC’s position as a leader in India’s transition towards a low-carbon energy future.
          ____________________________



* DRDO and Indian Navy Successfully Flight Test Vertical Launch Short Range Surface-to-Air Missile (VL-SR SAM) off Odisha Coast.
The VL-SR SAM features advanced tracking and targeting systems for enhanced accuracy in intercepting aerial threats.
The successful test reinforces India’s commitment to strengthening its naval defense capabilities and indigenous missile technology.
          ____________________________



* New Species of Long-Snouted Vine Snake, Ahaetulla longirostri, Discovered in Bihar and Meghalaya.
The new species expands the known range of the Ahaetulla genus in India.
Ahaetulla longirostri highlights the rich herpetofauna diversity in northeastern India.
          ____________________________



* India Wins 29 Medals at Paris Paralympics 2024, Secures 18th Position.
Indian athletes set new records, showcasing exceptional talent and dedication throughout the Paris Paralympics 2024.
The Indian delegation's performance highlights the country's growing prominence and investment in Paralympic sports development.
          ____________________________



* Prime Minister Narendra Modi announces plans to make India a global leader in green hydrogen at the inauguration of ICGH-2024.
National Green Hydrogen Mission targets attracting ₹8 lakh crore in investments, creating 6 lakh jobs, and reducing reliance on imports.
Secretary Bhupinder Bhalla discussed ambitious goals, including 500 GW of non-fossil energy by 2030 and significant future hydrogen demand.
          ____________________________



* Union Civil Aviation Minister Shri Kinjarapu Rammohan Naidu Inaugurates 2nd Asia-Pacific Ministerial Conference on Civil Aviation in New Delhi.
Minister Kinjarapu Rammohan Naidu Calls for Strategic Investments in Asia-Pacific Aviation Infrastructure to Accommodate 3.5 billion Annual Passengers by 2035.
"Shri Kinjarapu Rammohan Naidu announces India’s goal to increase women’s participation in the aviation workforce to 25% by 2025.
          ____________________________



* "National Health Authority (NHA) and IIT Kanpur Sign MoU to Develop AI-Based Digital Public Goods for Healthcare.
IIT Kanpur will develop the systems, while NHA will manage and operate them to leverage AI for better health outcomes.
Mr. Manindra Agrawal noted that the partnership aims to democratize access to quality healthcare and empower stakeholders with AI advancements.
          ____________________________



* Union Minister Shri Rajiv Ranjan Singh Launches 'Rangeen Machhli' App.
The "Rangeen Machhli" app provides multilingual information on popular ornamental fish species in eight Indian languages, making it accessible to a wide audience.
          ____________________________



* The Swachhata Hi Seva 2024 campaign was launched from 14 September to 1 October with the theme 'Swachhta Swachhta - Sanskar Swachhta'.
The focus of the campaign is on cleanliness of community/public places (outside office premises) with participation of local community.
          ____________________________



* Hindi diwas is celebrated on 14 September 2024.
Hindi Diwas promotes the use of Hindi in education and government, enhancing its role in daily life.
Schools and organizations conduct special events to celebrate Hindi literature and its rich heritage on this day.
          ____________________________



* IAF aircraft leave for Exercise Eastern Bridge VII in Oman.
The exercise underscores the strong partnership between India and Oman, highlighting their commitment to regional security and stability.
The exercise will include complex aerial manoeuvring, air-to-air and air to ground operations, and logistical coordination, reflecting the evolving defence needs and strategic interests of both nations, the IAF said.
          ____________________________



* RBL Bank and DMI Finance launch new co-branded credit card "RBL Bank DMI Finance Credit Card".
The credit card will feature a seamless digital onboarding process, enhancing convenience and accessibility for new users.
The partnership is expected to contribute to economic mobility by providing more individuals with access to credit, supporting their financial needs and aspirations.
          ____________________________



* G. Srinivasan Appointed as Managing Director and Chief Executive Officer of Galaxy Health Insurance.
G. Srinivasan’s appointment aligns with Galaxy Health Insurance’s strategy to innovate and enhance service offerings in health insurance.
G. Srinivasan's extensive industry experience will contribute to achieving the company’s long-term goals and operational excellence.
          ____________________________



* PayGlocal Receives RBI Approval to Operate as Online Merchant Payments Aggregator.
PayGlocal’s approval enhances access to seamless online payment solutions for small and medium-sized enterprises (SMEs).
The RBI’s endorsement positions PayGlocal as a significant player in India’s evolving digital payment landscape.
          ____________________________



* "SpaceX’s Polaris Dawn Crew Completes Historic Private Spacewalk and Returns to Earth Safely.
The success of Polaris Dawn may pave the way for future private space missions and spacewalks, influencing the planning and execution of upcoming commercial space exploration projects.
          ____________________________



* Indian Renewable Energy Development Agency (IREDA) Signs MoU with Satluj Jal Vidyut Nigam (SJVN) and GMR Group for 900 Megawatt Hydro Project in Nepal.
The hydro project aims to enhance regional power stability and support Nepal's energy transition towards sustainable sources.
The collaboration emphasizes the commitment to renewable energy, strengthening regional partnerships in infrastructure development.
          ____________________________



* Ministry of Defence (MoD) Approves Indian Navy's ₹2,500 Crore Plan for Unmanned Surface Vessels.
The Unmanned Surface Vessels will enhance India's maritime monitoring in remote and difficult-to-access regions.
This initiative supports the "Aatmanirbhar Bharat" vision by encouraging indigenous development of defense technologies.
          ____________________________



* Ministry of Corporate Affairs (MCA) Designates National Bank for Financing Infrastructure and Development (NaBFID) as a Public Financial Institution under Companies Act 2013.
NaBFID will now adhere to stricter regulatory standards and enhanced transparency as a public financial institution.
This move aims to boost investor confidence and facilitate greater funding for infrastructure projects nationwide.
          ____________________________



* Defence Minister Rajnath Singh Inaugurates IDAX-24 Expo in Jodhpur and Launches Exercise Tarang Shakt 24 (Phase II).
The IDAX-24 Expo highlights India’s growing defense technology sector and its global defense partnerships.
Exercise Tarang Shakt 24 enhances inter-service cooperation and operational efficiency among the Indian Armed Forces.
          ____________________________



* Quality Council of India (QCI) Approves National Test House (NTH), Ghaziabad as Certification Body for Type Certification of Drones.
The approval supports India's drone ecosystem by ensuring adherence to safety standards.
NTH will play a crucial role in drone industry regulation and quality assurance.
          ____________________________



* The Ministry of Finance has relaxed norms for expenditures exceeding Rs 500 crore to boost capital expenditure.
The relaxation is designed to simplify and speed up the approval process for large-scale infrastructure projects.
The Ministry's action is intended to create a more investment-friendly environment by reducing bureaucratic hurdles.
          ____________________________



* RBI Allows Resident Overseas Citizens of India (OCI) Cardholders to Access Loans for International Studies.
OCI cardholders residing in India can access education loans for undergraduate and postgraduate programs abroad.
The RBI’s move aims to support educational aspirations of OCI cardholders and enhance their global opportunities.
          ____________________________



* Tata Steel UK Secures £500 Million Grant Agreement with UK Government for Port Talbot Project.
The funding will support advanced technology implementation for sustainable steel production.
The project aims to significantly cut carbon emissions at Port Talbot steelworks.
          ____________________________



* Airtel Finance Launches FD Service with Interest Rates Up to 9.1%.
Airtel Finance FD service is available to both existing customers and new investors seeking secure returns.
The service offers flexible deposit tenures, ranging from short-term to long-term options with assured interest.
          ____________________________



* LIC Increases Stake in Railway Sector Miniratna Public Sector Undertaking (PSU) Indian Railway Catering and Tourism Corporation (IRCTC) to 9.3%.
LIC’s increased stake underscores its growing interest in the Indian railways and infrastructure sector.
          ____________________________



* DRDO and Indian Navy Successfully Conduct Second Consecutive Flight Test of Vertical Launch Short Range Surface-to-Air Missile (VLSRSAM) off Odisha Coast.
The VLSRSAM system successfully demonstrated its interception capabilities against multiple aerial threats during the flight test.
The successful test enhances the Indian Navy's defense readiness and strengthens its naval air defense systems.
          ____________________________



* Inauguration of VINETRA The Kalvari-Class Submarine Escape Training Facility in Visakhapatnam.
VINETRA will offer realistic simulations for submarine escape training, enhancing crew safety and emergency response skills.
The facility supports the Indian Navy's goal to improve operational readiness and disaster management for submarine missions.
          ____________________________



* National engineer's day is celebrated on 15 September 2024.
Engineers Day promotes awareness about the vital role of engineering in solving global challenges and driving innovation.
Educational institutions organize special programs to encourage students to explore engineering as a rewarding career option.
          ____________________________



* International day for the preservation of the day ozone layer is celebrated on 16 September 2024.
The day emphasizes the success of the Montreal Protocol in reducing ozone-depleting substances.
Awareness campaigns focus on the health impacts of increased UV radiation due to ozone layer depletion.
          ____________________________



* First-ever UN international day of science, technology, and innovation for the south-16 is celebrated on 16 September 2024.
The day aims to enhance scientific collaboration among South-16 nations to address shared development challenges.
          ____________________________



* Union Minister Piyush Goyal Launches BHASKAR Portal (Bhartiya System for Advanced Knowledge for Accelerating Research) to Boost India's Startup Ecosystem.
The portal will enhance collaboration between startups and research institutions to drive innovation in various sectors.
BHASKAR aims to facilitate access to funding and mentorship opportunities for emerging entrepreneurs in India.
          ____________________________



* In the 54th GST Council meeting, a uniform tax rate of 18% was implemented to simplify compliance and support small businesses.
The council also discussed strategies to reduce compliance costs and enhance awareness programs for taxpayers nationwide.
The council proposed a review of current GST slabs to ensure fair taxation and improve revenue distribution.
          ____________________________



* Ministry of Ports, Shipping and Waterways (MoPSW) Holds 20th Meeting of the Maritime States Development Council (MSDC) in Goa to Boost India's Maritime Sector.
The meeting addressed investment opportunities in port development to enhance operational efficiency and capacity.
Stakeholders emphasized the need for policies promoting coastal community welfare and job creation in the maritime sector.
          ____________________________



* Union Minister Amit Shah Announces Renaming of Port Blair to Sri Vijaya Puram.
The renaming aims to enhance local tourism and cultural awareness in the Andaman and Nicobar Islands.
The initiative reflects the government's commitment to recognizing historical figures and events in India’s history.
          ____________________________



* According to World Bank Report Healthy Longevity Could Save 150 Million Lives by 2050 and Transform Developing Countries.
Investing in education and awareness can further enhance healthy longevity and improve overall community well-being.
Collaboration between governments, NGOs, and private sectors is essential to implement effective health strategies for longevity.
          ____________________________



* India Engages in G20 Agriculture Ministerial Meeting in Brazil and Conducts Bilateral Talks with Seven Nations.
India advocates for sustainable agricultural practices to combat climate change and enhance food production efficiency globally.
The meetings fostered partnerships aimed at addressing food supply chain disruptions and promoting resilient agricultural systems.
          ____________________________



* United Nations Development Programme (UNDP) and International Organization for Standardization (ISO) Launch World’s First Guidelines to Accelerate Contributions to Sustainable Development Goals (SDGs).
The guidelines will help organizations identify best practices for sustainable development and improve transparency in reporting.
Stakeholders are encouraged to collaborate and innovate to meet SDGs through these comprehensive guidelines.
          ____________________________



* US International Development Finance Corporation Invests 70 Million United States Dollars (USD) in India.
The investment will focus on enhancing infrastructure development and promoting renewable energy projects in India.
This initiative aims to create thousands of jobs and boost local economies across various sectors.
          ____________________________



* RBI Imposes Monetary Penalty of ₹2.91 Crore on Axis Bank and HDFC Bank.
The penalties reflect the RBI's strict approach towards ensuring compliance among banking institutions.
          ____________________________



* Moneyview Becomes India's 6th Unicorn Startup with $1.2 Billion Funding.
Moneyview aims to enhance financial literacy among users through innovative tools and resources.
The funding will support expansion into new markets and the development of advanced financial products.
          ____________________________



* Jordan's King Abdullah Names Jafar Hassan as New Prime Minister.
Jafar Hassan aims to enhance economic growth and tackle unemployment challenges in Jordan. His leadership is crucial for addressing public demands for reforms and transparency.
          ____________________________



* International day for interventional cardiology is celebrated on 16 September 2024.
Increased awareness can lead to early detection of heart diseases and better treatment options for patients.
Collaboration among healthcare professionals is essential for advancing interventional cardiology practices and improving patient care.
          ____________________________



* India Participates in BRICS Literature Forum 2024 in Russia.
The forum emphasized the importance of preserving indigenous languages in literature for cultural identity and Heritage.
Discussions included promoting young writers to enhance literary diversity and innovation within the BRICS nations.
          ____________________________



* Union Minister Piyush Goyal Chairs 3rd Board of Trade Meeting in Mumbai, Launches Jan Sunwai Portal and Enterprise Resource Planning (ERP) Portal.
The meeting aimed to strengthen trade ties and boost investment opportunities in the region.
Piyush Goyal highlighted the role of technology in modernizing trade practices and enhancing competitiveness.
          ____________________________



* Fabindia Collaborates with Ministry of Micro, Small and Medium Enterprises (MoMSME) to Empower India's Artisanal Heritage under the PM Vishwakarma Scheme.
The collaboration will enhance training programs for artisans, improving their skills and productivity in traditional crafts.
Fabindia aims to increase market access for artisans, helping them reach a broader customer base across India.
          ____________________________



* JBM ECOLIFE (JBM Environmental Conscious Operations for Living in India) Secures ₹7.2 Billion from ADB and Asian Infrastructure Investment Bank (AIIB) for Electric Bus Expansion in India.
The funding will facilitate the development of charging infrastructure to support electric bus operations across cities.
JBM ECOLIFE aims to promote eco-friendly transportation and enhance public transport accessibility for urban commuters.
          ____________________________



* Bank of Baroda Introduces GenAI-Powered Solution for Enhanced Customer and Employee Experience.
The GenAI solution aims to enhance operational efficiency and reduce response times for customer inquiries.
BoB’s initiative reflects its strategy to embrace digital innovation in the competitive banking landscape.
          ____________________________



* PhonePe and Liquid Group Partner to Expand UPI Payments in Singapore.
The partnership aims to simplify cross-border transactions for tourists using UPI in Singapore.
It supports Singapore’s growing digital payment ecosystem and enhances convenience for local businesses.
          ____________________________



* Election Commission of India (ECI) Names Para Archers Sheetal Devi and Rakesh Kumar as National Icons for Persons with Disabilities (PwD).
This initiative highlights the achievements of para athletes in promoting sports inclusivity for the disabled community.
ECI's recognition aims to inspire future generations to pursue sports, fostering a culture of empowerment and resilience.
          ____________________________



* Olympic Medalist Manu Bhaker Appointed as Brand Ambassador for MoPSW (Ministry of Ports, Shipping and Waterways) and Golden Bullet.
Manu Bhaker aims to enhance awareness of sports among youth through her new ambassadorial role.
The collaboration focuses on promoting fitness and sportsmanship in the maritime industry and beyond.
          ____________________________



* Iran Successfully Launches Chamran-1 Research Satellite into Orbit.
The Chamran-1 satellite will enhance Iran's research capabilities in remote sensing and data collection.
This launch showcases Iran's technological advancements amidst international scrutiny.
          ____________________________



* Oscar Piastri Claims Victory at the 2024 F1 Azerbaijan Grand Prix for McLaren.
Piastri's performance demonstrates McLaren's return to form in the competitive F1 landscape this season.
The victory boosts Piastri's confidence as a rising star in Formula 1.
          ____________________________



* Dronacharya Award-Winning Table Tennis Coach Jayanta Pushilal Passes Away.
Pushilal’s coaching legacy includes training several national champions in table tennis over the years.
His passion for the sport inspired countless young athletes to pursue table tennis professionally.
          ____________________________



* World patient safety day is celebrated on 17 September 2024.
Collaboration among healthcare providers is essential for enhancing patient safety and minimizing risks in medical care.
Increased awareness can empower patients to advocate for their own safety and better health outcomes.
          ____________________________



* Central Pollution Control Board (CPCB) Introduces Strict Environmental Clearance Guidelines for Violations of Battery Waste Management Rules.
CPCB to monitor compliance more strictly, ensuring no loopholes in battery waste disposal practices.
Industries will be required to submit detailed reports on battery waste management, enhancing transparency and accountability.
          ____________________________



* Union Sports Minister Dr. Mansukh Mandaviya Chairs Joint Meeting of COP9 Bureau and Fund's Approval Committee Under UNESCO International Convention Against Doping in Sport.
Collaboration among countries was emphasized to share best practices and resources for effective anti-doping efforts.
          ____________________________



* External Affairs Minister Subrahmanyam Jaishankar Releases India-Romania Joint Commemorative Stamps Celebrating 75 Years of Diplomatic Ties.
The commemorative stamps symbolize cultural ties and shared values between India and Romania over 75 years.
Strengthening ties will enhance cooperation in trade, technology, and education, benefiting both nations.
          ____________________________



* According to OAG (Official Aviation Guide) Report, Indira Gandhi International Airport Ranks 24th Among Top Megahub Airports Globally, Mumbai Airport at 44th.
Both airports are pivotal in strengthening India's position as a major global aviation hub.
The rankings reflect enhanced passenger services and infrastructure developments in Indian airports.
          ____________________________



* India Achieves Tier 1 Status in 2024 5th Global Cybersecurity Index.
The achievement enhances India's global reputation in cybersecurity, encouraging international collaborations and investments in the sector.
Enhanced cybersecurity measures aim to protect critical infrastructure and data from increasing cyber threats and attacks.
          ____________________________



* EaseMyTrip Launches 'ScanMyTrip.com', India's First Travel Services Marketplace on the Open Network for Digital Commerce (ONDC).
The platform aims to enhance customer experience by offering a wide range of travel options in one place.
EaseMyTrip's initiative promotes local travel businesses, fostering competition and driving growth within the travel industry.
          ____________________________



* Airtel Business Partners with Sparkle to Enhance Connectivity with Europe.
The partnership will enable improved data transfer and communication for businesses operating internationally.
Airtel aims to enhance its service offerings through this collaboration, targeting a broader customer base in Europe.
          ____________________________



* Korean Ambassador Sang Wook Ham Elected President of the 68th General Conference of the International Atomic Energy Agency (IAEA).
The conference aims to strengthen global nuclear safety protocols and enhance cooperation among member states.
Ambassador Ham's election underscores South Korea's growing influence in international nuclear governance.
          ____________________________



* Amrit Mohan Prasad Assumes Charge as Director General of Sashastra Seema Bal.
Prasad aims to enhance the operational readiness of SSB(Sashastra Seema Bal) amid evolving security challenges along the borders.
          ____________________________



* India win 5th Asian Champions Trophy hockey title after beating resolute China.
India outperformed top teams, showcasing their strength and strategy throughout the tournament. The victory boosts confidence ahead of the 2024 Olympics.
          ____________________________



* International day for the elimination of nuclear weapons is celebrated on 26 September.
          ____________________________



* Neeraj Chopra Secures Second Place in Diamond League Final and Anderson Peters Claims Title.
Neeraj Chopra's consistent performance continues to solidify his status among the world's top javelin throwers.
Anderson Peters' victory marks his return to form after a challenging season, showcasing his competitive edge.
          ____________________________



* Sitaram Yechury, General Secretary of the Communist Party of India (Marxist) Passes Away.
Sitaram Yechury's advocacy for workers' rights and environmental issues shaped progressive policies in India over the years.
          ____________________________



* World bamboo day is celebrated on 18 September 2024.
Bamboo cultivation supports biodiversity and helps combat climate change by absorbing carbon dioxide effectively.
Local artisans benefit from bamboo, creating sustainable livelihoods through crafts and eco-friendly products.
          ____________________________



* Simultaneous polls plan gets Union Cabinet approval.
The plan for simultaneous elections is expected to promote political stability across the nation.
Implementing simultaneous elections may require constitutional amendments to align different electoral cycles.
          ____________________________



* Union Finance Minister Nirmala Sitharaman Launches "NPS Vatsalya" a Pension Scheme for Minors under the National Pension System (NPS) in New Delhi.
The NPS Vatsalya scheme encourages responsible financial planning for children, fostering a habit of saving early in life.
This initiative aims to enhance financial security for minors, promoting their future well-being and independence.
          ____________________________



* Department of Atomic Energy (DAE) Approves ASHVNI for Building Nuclear Plants and Transfers Mahi Banswara Project in Rajasthan.
The approval supports India's strategic aim to enhance energy security through diversified energy sources, including nuclear power.
ASHVNI will focus on advanced technologies to ensure safety and efficiency in nuclear plant operations.
          ____________________________



* Union Minister Rajiv Ranjan Singh launched the 'Amrit Katla' initiative at the Indian Council of Agricultural Research and Central Freshwater Fisheries Institute in Bhubaneswar.
'Amrit Catla' aims to enhance fish productivity and sustainability in aquaculture practices across India.
The initiative supports farmers by providing better fish varieties for increased income and livelihood opportunities.
          ____________________________



* India Becomes the 6th Largest Market in the MSCI (Morgan Stanley Capital International) All Country World Index (ACWI), Leading the Emerging Market List.
Increased foreign investments signify strong investor confidence in India's economic growth trajectory and market potential.
India's position in the MSCI ACWI enhances its visibility and attractiveness to global investors and financial institutions.
          ____________________________



* SIDM Signs Two MoUs on Defence Industry Cooperation with EDCC (Emirates Defense and Cybersecurity Company) and EDGE (Emirates Defense and Advanced Technology Group) of UAE.
The MoUs will facilitate joint research and development projects in advanced defense technologies between India and the UAE.
This collaboration aims to enhance military interoperability and strengthen defense supply chains for both nations.
          ____________________________



* Jana Small Finance Bank Launches "Liquid Plus" FD Offering 6.75% Interest Rate.
The "Liquid Plus" FD offers flexible tenures to cater to diverse customer needs and preferences.
          ____________________________



* Indian Council of Medical Research (ICMR) Receives UN Inter-Agency Task Force Award for Controlling Non-Communicable Diseases.
ICMR's initiatives include public awareness campaigns to educate communities about preventing non-communicable diseases effectively.
The award reflects global recognition of India's role in addressing public health challenges related to NCDs.
          ____________________________



* ACC approved the appointment of Anurag Garg as the new Director General of NCB.
Anurag Garg aims to enhance inter-agency collaboration to effectively address drug trafficking challenges. His experience is expected to improve the NCB's operational efficiency and investigative capabilities.
          ____________________________



* Bellatrix Aerospace Unveils Project 200, A Satellite Designed for Ultra Low Earth Orbit (ULEO) Operations at 180-250 km.
Project 200 aims to support advanced satellite technologies for enhanced data accuracy and faster communication in ULEO.
The satellite will contribute to environmental monitoring and disaster management by providing real-time data from low Earth orbit.
          ____________________________



* Union Minister Nitin Gadkari Launches Book "Ranadhurandhar Shahajiraje Bhosale" by Amar Yuvraj Dangat.
The book emphasizes Shahaji Raje Bhosale's role in the Maratha empire's establishment and growth.
The launch event featured discussions on the importance of preserving historical narratives for future generations.
          ____________________________



* Telangana Announces September 17 as Praja Palana Day.
The celebration aims to strengthen community involvement in governance and highlight the importance of citizen participation.
Events will feature workshops and discussions on effective governance practices and their impact on local development.
          ____________________________



* Lieutenant Governor of Ladakh, Buddhichandra (BD) Mishra, Inaugurates the 9th Ladakh Zanskar Festival 2024 in Sani.
The festival showcases traditional Ladakhi music and dance, enhancing cultural exchange among participants and visitors alike.
Local artisans display their crafts, providing a platform for economic growth and preserving indigenous skills in the region.
          ____________________________



* From 15th to 17th September 2024, PM Narendra Modi was on a visit to three states aimed at boosting infrastructure, health, and education initiatives.
The Prime Minister emphasized the importance of collaboration between the central and state governments to ensure effective implementation of development projects.
Local community engagement was highlighted as a crucial factor in addressing regional issues and tailoring solutions to specific needs.
          ____________________________



* M. Ravichandran, Secretary of the Ministry of Earth Sciences (MoES), Unveils Integrated Ocean Energy Atlas of the Indian National Centre for Ocean Information Services (INCOIS).
Integrated Ocean Energy Atlas provides vital data for policymakers to make informed decisions about renewable energy development.
Increased awareness of ocean energy resources can lead to improved conservation efforts and environmental protection initiatives.
          ____________________________



* To strengthen India-Kuwait relations, Indian Council for Cultural Relations (ICCR) and Gulf University of Science and Technology (GUST) signed MoU for teaching Hindi.
Strengthening cultural exchanges between India and Kuwait can lead to increased tourism and business opportunities for both nations.
Teaching Hindi in Kuwait will help foster better communication and understanding among Indian expatriates and the local population.
          ____________________________



* ICAIRE (International Center for Artificial Intelligence Research and Education) Designated as a UNESCO Category 2 Center at the Global AI Summit in Riyadh, Saudi Arabia.
The recognition of ICAIRE highlights the growing importance of AI in global education and research initiatives.
This designation encourages international collaboration, paving the way for innovative AI solutions to tackle societal challenges.
          ____________________________



* IDFC FIRST Bank Limitd (Infrastructure Development Finance Company) Launches 'Ashva' and 'Mayura' Credit Cards.
The launch of these credit cards aims to meet the diverse financial needs of various customer segments effectively.
IDFC FIRST Bank is enhancing its product offerings, making banking more accessible and rewarding for its customers.
          ____________________________



* Asian Development Bank Approves United States Dollar (USD) 50 Million Loan for Water Resource Management and Climate Resilience in Meghalaya.
Improved water management will enhance agricultural productivity and support local farmers in Meghalaya, fostering economic growth.
Strengthening community involvement in resource management will ensure sustainable practices and better resilience against climate change impacts.
          ____________________________



* SEBI Amends Rules for Issue and Listing of Non-Convertible Securities to Streamline Public Issuance of Debt Securities.
The amendments are expected to attract more companies to issue non-convertible securities, enhancing market participation and liquidity.
Investors will benefit from improved transparency and easier access to information about debt securities, fostering informed decision-making.
          ____________________________



* According to Standard & Poor's (S&P) Global report, India is on track to become the world's third largest economy by FY31 and the annual growth rate is estimated at 6.7%.
India's strong growth potential can attract more global businesses, boosting job creation and innovation in various sectors.
Continued investments in infrastructure and technology are essential for India to maintain its economic momentum and competitiveness.
          ____________________________



* SBI Sanctions ₹10,050 Crore Loan to Damodar Valley Corporation for Developing 1,600 Megawatt Ultra Super Critical Thermal Power Plant in Koderma.
The project will create numerous job opportunities, boosting the local economy and supporting community development in Koderma.
By adopting advanced technology, the plant aims to minimize environmental impact while meeting rising energy demands.
          ____________________________



* Bollywood Producer Vinod Bachchan Honored with Global Prestige Award at UK Parliament
Recognition at international platforms boosts the visibility of Indian cinema, encouraging more collaboration between filmmakers worldwide.
Awards like these inspire emerging artists to pursue their passion and contribute to the growth of the film industry.
          ____________________________



* Jitendra J. Jadhav Assumes Charge as Director General of Aeronautical Development Agency(ADA).
Jitendra J. Jadhav’s leadership will enhance collaboration between government and private sectors in aeronautical advancements.His appointment signals a strong commitment to boosting India’s aerospace capabilities and reducing dependency on imports.
          ____________________________



* International day of peace is celebrated on 21 September 2024.
Promoting education on peace helps future generations understand the value of harmony and conflict resolution.
Engaging communities in peace-building activities fosters unity and strengthens relationships among diverse groups.
          ____________________________



* International coastal cleanup day is celebrated on 21 September 2024.
Community involvement in coastal cleanup fosters a sense of responsibility towards the environment and strengthens local bonds.
Educational programs during cleanup events empower individuals to make informed choices about waste management and conservation.
          ____________________________



* On September 20, 2024, PM Modi visited Maharashtra to inaugurate key infrastructure projects designed to boost regional development and improve connectivity.
The visit reflects the government's focus on improving Maharashtra’s infrastructure to strengthen the state’s economic position.
PM Modi interacted with local leaders and emphasized the importance of public participation in development initiatives.
          ____________________________



* Union Minister Amit Shah Launches Standard Operating Procedures (SOPs) for White Revolution 2.0 to Boost Indian Dairy Sector.
Investment in modern dairy technology will enhance productivity, ensuring better income for farmers and improved milk quality for consumers.
Collaboration between government and dairy cooperatives can lead to innovative solutions, increasing market access for small farmers.
          ____________________________



* Ayushman Bharat PM-JAY Celebrates 6 Years of Successful Implementation.
The scheme promotes preventive healthcare, encouraging regular check-ups and early diagnosis to improve overall community health.
PM-JAY strengthens healthcare infrastructure by collaborating with private hospitals, ensuring better services and facilities across regions.
          ____________________________



* Jordan Becomes the First Country Globally to Receive WHO Verification for Eliminating Leprosy.
The elimination of leprosy in Jordan showcases the effectiveness of public health initiatives and community engagement.
This achievement emphasizes the importance of early detection and treatment in controlling infectious diseases globally.
          ____________________________



* India Participates in G7 Ministerial Meeting on Culture in Naples, Italy.
Cultural exchange fosters mutual respect and understanding among nations, enriching societies and promoting peace globally.
Collaboration in culture can enhance tourism, boost economies, and strengthen diplomatic ties between countries.
          ____________________________



* Atishi Marlena Sworn in as the 8th Chief Minister of Delhi or Aam Aadmi Party (AAP) Celebrates a Historic Leadership Change.
Atishi's Marlena leadership is expected to bring fresh perspectives to Delhi's governance, focusing on innovation and community engagement.
The AAP aims to strengthen its educational reforms and improve healthcare services under Atishi's guidance as Chief Minister.
          ____________________________



* Marxist Leader Anura Kumara Dissanayake Sworn in as the 9th President of Sri Lanka.
Anura Kumara Dissanayake’s leadership offers hope for addressing pressing issues like poverty and unemployment in Sri Lanka. His presidency could foster a new era of political dialogue and collaboration among various parties in the nation.
          ____________________________



* Air Marshal Amar Preet Singh Appointed as Next Chief of Indian Air Force.
Air Marshal Amar Preet Singh's leadership will enhance the IAF’s operational readiness and modernization initiatives for national security.
His extensive experience in air operations will help strengthen India's defense capabilities in an evolving geopolitical landscape.
          ____________________________



* Aditya Birla Capital Receives RBI Approval for Merger with Aditya Birla Finance.
The merger aims to enhance customer experience by providing a broader range of financial solutions under one entity.
This strategic move is expected to strengthen Aditya Birla Group’s position in the competitive financial services market.
          ____________________________



* World rivers day is celebrated on 22 September 2024.
Rivers play a crucial role in providing fresh water and supporting biodiversity essential for life on Earth.
Community engagement in river conservation fosters a sense of responsibility and encourages sustainable practices among residents.
          ____________________________



* World rhino day is celebrated on 22 September 2024.
Awareness campaigns play a vital role in educating communities about the importance of rhinos in ecosystems.
Collaborating with local communities can enhance conservation efforts and reduce human-wildlife conflict related to rhino habitats.
          ____________________________



* 7th National Sample Survey Office (NSSO) Annual Periodic Labour Force Survey (PLES) Unemployment Rate Remains Unchanged at 3.2% for July 2023 to June 2024.
Stability in the unemployment rate suggests effective employment policies may be maintaining job security in the economy.
Continuous monitoring of labor market trends is essential for addressing employment challenges and improving workforce participation.
          ____________________________



* iBUS (International Business Solutions) Network Secures USD 34 Million from IFC (International Finance Corporation) for Global Expansion.
The funding will enable iBUS to invest in innovative technologies, enhancing service delivery and efficiency for clients worldwide.
Expanding into new markets allows iBUS to diversify its offerings and better meet the needs of global businesses.
          ____________________________



* Film Federation of India (FFI) Announces Kiran Rao's "Laapata Ladies" as India's Official Entry for Oscars 2025.
Kiran Rao's selection highlights the growing recognition of Indian filmmakers on the international stage, showcasing unique storytelling.
"Laapata Ladies" reflects the rich diversity of Indian culture, aiming to engage and inspire audiences worldwide.
          ____________________________



* Rhea Singha from Gujarat Crowned Miss Universe India 2024.
Rhea Singha's victory highlights the growing importance of youth representation in beauty pageants and social advocacy.
Her commitment to environmental issues inspires young women to engage in community service and promote sustainable practices.
          ____________________________



* Appointments Approved by the Appointment Committee of the Cabinet Alok Ranjan as Director of the National Crime Records Bureau (NCRB) and Amit Garg as Director of the Sardar Vallabhbhai Patel National Police Academy (SVPNPA).
The ACC's decisions reflect a commitment to strengthening law enforcement agencies in India for better public safety.
These appointments are crucial for improving crime data management and enhancing police training standards across the country.
          ____________________________



* Russian Soyuz Capsule Successfully Brings Back Three Crew Members from the International Space Station (ISS).
The successful return demonstrates Russia's commitment to maintaining a reliable transportation system for crewed space missions.
Collaborative efforts among international space agencies enhance scientific research and pave the way for future explorations.
          ____________________________



* DRDO Transfers High-Altitude Sustenance Technologies to Power Grid Corporation of India Ltd(PGCIL).
          ____________________________



* Uttarakhand CM Pushkar Singh Dhami Releases Book Titled 'Khaki Mein Sthitapragya'.
The book aims to foster a better understanding of the police's challenges and responsibilities in society.
Such initiatives can boost the morale of police personnel, encouraging them to perform their duties with dedication.
          ____________________________



* Governor of Tamil Nadu, R.N. Ravi, Releases 'Sri Rama in Tamilagam: An Inseparable Bond' by Dr. D.K. Hari and Dr. D.K. Hema Hari.
The book explores the cultural significance of Lord Rama in Tamil Nadu, enriching regional history and traditions.
The launch event encourages discussions about preserving Tamil heritage and fostering pride in the region's ancient roots.
          ____________________________



* World rose day for cancer patients is celebrated on 22 September 2024.
Support systems play a crucial role in helping cancer patients cope with their challenges. Family and friends can make a difference.
Raising awareness about cancer prevention and treatment options can lead to earlier diagnoses and better survival rates.
          ____________________________



* Union MoS for Health & Family Welfare, Prataprao Jadhav, Launches 'Tobacco-Free Youth Campaign 2.0'.
Schools and colleges will actively participate in the campaign to educate students about the dangers of tobacco.
The campaign will include interactive sessions and digital tools to engage youth in a tobacco-free lifestyle.
          ____________________________



* Aryabhatta Research Institute of Observational Sciences (ARIES) and Bharat Electronics Limited (BEL) Sign MoU to Enhance Space Situational Awareness.
Collaboration between ARIES and BEL will foster advancements in satellite technology, boosting India's position in the global space arena.
The MoU emphasizes the importance of safety in space, promoting responsible practices for future space exploration missions.
          ____________________________



* CAG (Comptroller and Auditor General) of India Assumes Chairmanship of the Asian Organization of Supreme Audit Institutions (ASOSAI) for the 2024-27 Term.
Strengthening regional cooperation among audit institutions will enhance governance and promote best practices in financial management across Asia.
The CAG's leadership role is expected to drive initiatives focused on capacity building and knowledge sharing among member countries.
          ____________________________



* Tripura CM Manik Sah Lays Foundation for Asian Development Bank (ADB)-Funded ₹530 Crore Project to Boost Drinking Water Supply.
The project will create job opportunities for locals during the construction phase, boosting the local economy significantly.
Improved drinking water supply will help reduce waterborne diseases, enhancing the overall health of the community.
          ____________________________



* Bank of Baroda and EaseMyTrip Jointly Launch Co-Branded Travel Debit Card.
The debit card aims to streamline travel expenses, making budgeting easier for frequent travelers and enhancing financial management.
It fosters a seamless travel experience by integrating banking services with travel bookings, benefiting users with added convenience.
          ____________________________



* SBI General Insurance Partners with Blse-Services to Offer Comprehensive Insurance Products.
The collaboration aims to utilize advanced technology to create more user-friendly insurance solutions for customers.
This partnership will enhance the accessibility of insurance products, making them easier to obtain for a wider audience.
          ____________________________



* Harini Amarasuriya Sworn in as the 16th Prime Minister of Sri Lanka.
Harini Amarasuriya's leadership is expected to bring fresh perspectives and innovative solutions to Sri Lanka's challenges.
Her historic appointment paves the way for greater representation of women in Sri Lankan politics.
          ____________________________



* Government Approves Sale of Ferro Scrap Nigam Ltd to Japanese Firm Konoike Transport for Rs 320 Crore.
The acquisition by Konoike Transport will modernize FSNL's infrastructure, promoting efficient recycling practices in India.
This deal signals a positive trend in foreign investment, encouraging other international firms to explore opportunities in India.
          ____________________________



* Team India Wins Gold in Both Open and Women's Events at the 45th FIDE (Fédération Internationale des Échecs) Chess Olympiad 2024 in Budapest.
India's performance at the Olympiad showcases the country's commitment to developing chess talent at all levels.
This victory encourages more young players to take up chess, fostering a bright future for the sport in India.
          ____________________________



* World car-free day is celebrated on 22 September 2024.
Promoting walking and cycling can improve public health and reduce traffic-related accidents significantly.
Implementing more pedestrian-friendly areas can enhance community interaction and create safer environments for everyone.
          ____________________________



* National Service Scheme (NSS) day is celebrated on 24 September 2024.
Engaging in community service through NSS helps students develop leadership skills and a sense of empathy for others.
NSS encourages students to take initiative and become active participants in addressing societal challenges in their communities.
          ____________________________



* National Logistics Development and Standardization Laboratory (NLDSL) Unveils ULIP (Unified Logistics Interface Platform) Logistics Hackathon 2.0 and Launches 'Track Your Transport' App.
The hackathon provides a platform for startups and innovators to showcase their logistics solutions, fostering collaboration in the industry.
The "Track Your Transport" app enhances customer experience by allowing users to monitor shipments and receive timely updates.
          ____________________________



* Indian Railways Launches Rail Rakshak Dal in North Western Zone for Swift Rescue Operations.
The Rail Rakshak Dal will conduct regular safety drills to enhance preparedness and efficiency during emergencies.
This initiative fosters community trust in Indian Railways by prioritizing passenger safety and prompt rescue services.
          ____________________________



* According to SBI's Economic Research Department (ERD) Report, India's Population Growth is on a Downward Trajectory.
Declining population growth may ease pressure on resources, allowing for better allocation of food, water, and healthcare.
A smaller population can lead to increased job opportunities and improved living standards, fostering economic stability.
          ____________________________



* Union Minister Jyotiraditya M. Scindia Launches Ashtalakshmi Mahotsav Website in New Delhi.
The Ashtalakshmi Mahotsav aims to strengthen cultural ties and promote traditional values among people of all ages.
The website will enhance public participation, making it easier for families to engage in the festivities.
          ____________________________



* OECD (Organisation for Economic Co-operation and Development) Raises India's GDP Forecast to 6.7% for FY25 and 6.8% for FY26.
India's economic reforms are expected to attract more foreign investment, boosting job creation and innovation in various sectors.
The government's focus on infrastructure development will further enhance economic growth and improve living standards for citizens.
          ____________________________



* Shankh Air, India's Newest Airline, Receives Approval from the Ministry of Civil Aviation (MoCA).
Shankh Air aims to create job opportunities in the aviation sector, boosting local economies and supporting growth.
The airline plans to introduce eco-friendly initiatives, promoting sustainable travel and reducing its carbon footprint.
          ____________________________



* Rashtriya Ispat Nigam Limited (RINL) Wins CII-Green Business Centre National Energy Leader Award for the Sixth Consecutive Year.
RINL's achievement reflects its ongoing commitment to sustainability and innovation in the steel production process.
The award encourages other industries to adopt energy-efficient practices and contribute to a greener environment.
          ____________________________



* CCI Approves Naspers Ventures' Acquisition of Vastu Housing Finance Corporation.
Naspers Ventures aims to strengthen its foothold in India’s growing housing finance sector through strategic acquisitions. The collaboration is expected to enhance customer access to housing loans and improve financial services in the market.
          ____________________________



* India Officially Joins International Big Cat Alliance(IBCA).
The alliance will facilitate knowledge sharing and collaboration among countries to enhance big cat conservation strategies.
India's involvement will attract international support and funding for big cat protection programs and habitat restoration efforts.
          ____________________________



* Shigeru Ishiba Set to Become the New Prime Minister of Japan.
Ishiba's government may focus on revitalizing Japan's economy through innovative policies to attract foreign investments.
A strong emphasis on technology and infrastructure development can lead to improved quality of life for citizens.
          ____________________________



* Jeevan Nedunchezhiyan and Vijay Sundar Prashanth Win Doubles Title at Hangzhou Open 2024.
The victory at the Hangzhou Open boosts the confidence of Indian tennis players on the international circuit.
This win highlights the growing talent in Indian tennis and encourages young athletes to pursue their dreams.
          ____________________________



* India Wins Bronze Medal at 1st Asia Pacific Padel Cup in Bali, Indonesia.
The success at the Asia Pacific Padel Cup showcases India's potential in emerging sports and encourages further development.
Increased recognition of padel can lead to more investments in sports infrastructure and training programs across India.
          ____________________________



* Scotland Agrees to Host the 2026 Commonwealth Games After Australia's Withdrawal.
Hosting the Commonwealth Games will provide Scotland with a unique opportunity to enhance its international reputation as a sporting destination.
The event is expected to create numerous job opportunities, boosting the local economy and supporting various sectors.
          ____________________________



* World maritime day is celebrated on 26 September 2024.
Countries are focusing on using cleaner fuels in ships to reduce pollution and protect the oceans.
New technologies in shipping aim to make international trade faster and more environmentally friendly.
          ____________________________



* Axis Bank and Mastercard Collaborate to Launch MyBiz: A Credit Card for Small Business Owners.
MyBiz card helps small businesses build credit history, enhancing their chances for future loans and financial support.
The collaboration aims to simplify financial management for entrepreneurs, promoting business growth and sustainability in the long term.
          ____________________________



* SBI General Insurance Launches 'SBIG Health Super Top-Up' Plan.
The plan offers a wide network of hospitals, ensuring easy access to quality healthcare for all policyholders.
With customizable coverage options, customers can choose a plan that best suits their healthcare needs and budget.
          ____________________________



* 4th Global RE-INVEST Renewable Energy Investors' Meet & Expo Held in Gujarat.
India is aiming to become a global leader in renewable energy by significantly expanding its green energy capacity.
Gujarat, with its abundant solar and wind resources, plays a crucial role in India’s renewable energy roadmap.
          ____________________________



* Ministry of Health and Family Welfare (MoHFW) Releases National Health Accounts Estimates for India 2020-21 and 2021-22.
Enhanced health expenditure tracking aids in identifying gaps in healthcare services and ensuring resources are allocated effectively.
NHA estimates support better planning and decision-making for health policies, promoting improved health outcomes for the population.
          ____________________________



* Dr. Devesh Chaturvedi, Secretary of the Department of Agriculture and Farmers' Welfare, Chairs Review Meeting of the UN World Food Programme's Country Programme Advisory Committee (CPAC).
The collaboration between the government and international organizations is crucial for addressing food insecurity challenges effectively.
Innovative agricultural practices and technology adoption can significantly improve food production and farmer incomes in India.
          ____________________________



* NIPL (National Payments Corporation of India) Partners with Trinidad and Tobago to Develop UPI-Like Payments System.
The collaboration will enable Trinidad and Tobago to enhance its digital payment infrastructure, boosting local commerce and efficiency.
Adopting a UPI-like system can attract more investments and technological innovations in the Caribbean region’s financial sector.
          ____________________________



* PNB Launches Multi-Currency World Travel Card for International Travelers.
The Multi-Currency World Travel Card offers enhanced security features, ensuring safe transactions for travelers abroad.
          ____________________________



* BOBCARD and Rupay Partner to Launch EMI Feature for UPI Payments.
The EMI feature enables easier access to credit, allowing more customers to shop without immediate financial strain.
This partnership promotes financial literacy by encouraging users to understand and utilize installment payment options wisely.
          ____________________________



* AU Small Finance Bank (SFB) Announces Partnership with Kotak Life Insurance to Offer Comprehensive Life Insurance Solutions.
This partnership will enhance financial literacy among customers, helping them make informed decisions about life insurance products.
AU Small Finance Bank aims to improve customer experience by integrating Kotak Life’s services into its banking platform.
          ____________________________



* India Extends USD 50 Million Budgetary Support to Maldives for Another Year.
India’s financial assistance strengthens its influence in the Maldives, promoting stability and growth in the region.
The support demonstrates India's commitment to regional partnerships and its role as a reliable ally for smaller nations. यह सहायता भारत की क्षेत्रीय साझेदारियों के प्रति प्रतिबद्धता और छोटे देशों के लिए एक विश्वसनीय सहयोगी के रूप में उसकी भूमिका को दर्शाती है। Recently, India extended budgetary support of USD 50 million to which country for another year? A) Sri Lanka B) Maldives C) Bangladesh D) Nepal Correct Answer: B) Maldives हाल ही में, भारत ने किस देश को एक और वर्ष के लिए 50 मिलियन डॉलर की बजटीय सहायता बढ़ा दी? A) श्रीलंका B) मालदीव C) बांग्लादेश D) नेपाल सही उत्तर: B) मालदीव
          ____________________________



* Italian Striker Salvatore "Toto" Schillaci Has Passed Away.
Schillaci's remarkable performance in the 1990 World Cup made him a national hero in Italy. His journey from humble beginnings to football stardom inspired many aspiring athletes around the world.
          ____________________________



* Sukhvinder Singh Sukhu Releases Two Books Jalandhar Peeth Ka Rahsya and Mushtarka Khata Authored by Ajay Prakash.
Promoting literature fosters community engagement and strengthens cultural ties among the diverse populations of Himachal Pradesh.
The release of these books encourages further exploration of the region’s rich historical narratives and traditions.
          ____________________________



* World tourism day is celebrated on 27 September 2024.
Tourism promotes local culture and heritage, encouraging visitors to appreciate and respect diverse traditions.
Investing in tourism infrastructure creates job opportunities and boosts economic growth in communities worldwide.
          ____________________________



* NPCI International Payments enters into strategic partnership with Trinidad and Tobago for UPI-based real-time digital payments system
• With this, Trinidad and Tobago became the first Caribbean country to adopt UPI.
Key points :
1. This agreement will enable Trinidad and Tobago to establish a real-time payments platform for both person-to-person (P2P) and person-to-merchant (P2M) transactions, thereby expanding digital payments. And financial inclusion will be promoted.
          ____________________________



* RBI approved the merger of Rajapur Cooperative Bank Limited with Malad Cooperative Bank Limited.
This merger aims to enhance customer trust and strengthen the cooperative banking sector in Maharashtra.
          ____________________________



* Syria Defeats India 3-0 to Win Their Maiden Intercontinental Cup 2024 Football Title.
Syria’s victory reflects their growing strength in international football and a promising future for their team.
India must analyze their performance to improve and aim for better results in upcoming tournaments.
          ____________________________



* Lay's Named Official Sponsor of FIFA World Cup 2026 and FIFA Women's World Cup 2027.
Lay's aims to connect with diverse audiences by celebrating the love for football through its exciting sponsorship.
The sponsorship will create fun and engaging activities for fans, enhancing their overall experience during the tournaments.
          ____________________________



* World pharmacists day is celebrated on 25 September 2024.
Celebrating World Pharmacists Day highlights the vital role of pharmacists in promoting community health and wellness.
Engaging in educational activities fosters collaboration between pharmacists and the public for better health outcomes.
          ____________________________



* Antyodaya diwas day is celebrating on 25 September 2024.
The celebration emphasizes the need for inclusive policies to support vulnerable groups and ensure equal opportunities for all.
Events on Antyodaya Diwas foster community participation, encouraging individuals to actively engage in poverty alleviation initiatives.
          ____________________________



* According to the Periodic Labour Force Survey (July 2023 - June 2024) Kerala, Lakshadweep, and Andaman Lead in Youth Unemployment Rate.
Government initiatives to promote entrepreneurship among youth could reduce unemployment in regions like Kerala and Lakshadweep.
Skill development programs tailored to regional industries are essential for improving job prospects for young people.
          ____________________________



* Indian Railways Launches Rail Rakshak Dal in North Western Zone for Swift Rescue Operations.
The Rail Rakshak Dal will conduct regular safety drills to enhance preparedness and efficiency during emergencies.
This initiative fosters community trust in Indian Railways by prioritizing passenger safety and prompt rescue services.
          ____________________________



* NPCI International Payments enters into strategic partnership with Trinidad and Tobago for UPI-based real-time digital payments system
• With this, Trinidad and Tobago became the first Caribbean country to adopt UPI.
Key points :
1. This agreement will enable Trinidad and Tobago to establish a real-time payments platform for both person-to-person (P2P) and person-to-merchant (P2M) transactions, thereby expanding digital payments. And financial inclusion will be promoted.
          ____________________________



* A METOC seminar 'Meghayan-24' was conducted by SNOM and INMAC at Southern Naval Command on 28 March 2024.
On this occasion an indigenous mobile application INDRA (Indian Naval Dynamic Resource for Weather Analysis) to disseminate weather related information and forecasts empowering optimal & quick decision making was also launched.
The application has been developed by BISAG (Bhaskaracharya National Institute for Space Applications and Geo-informatics) in coordination with Directorate of Naval Oceanology and Meteorology, Indian Navy.
          ____________________________



* SpaceX launched the first in a new series of rideshare missions “Bandwagon-1”.
The first stage booster supporting this mission, tail number B1073 in the SpaceX fleet, launched for a 14th time on this mission.
This was the 40th landing at LZ-1 and the 294th booster landing to date.
          ____________________________



* Max Verstappen securing a triumphant third consecutive pole-to-flag victory at the Japanese Formula One Grand Prix 2024.
          ____________________________



* Artemis Medicare Services Ltd has signed a definitive agreement with the International Finance Corporation (IFC) to raise funds of ₹330 crores in the form of compulsorily convertible debentures (CCDs).
          ____________________________



* Peter Pellegrini has been elected president of Slovakia, succeeding the liberal Zuzana Caputova.
          ____________________________



* Bilquis Mir from Jammu and Kashmir is set to become the first woman from India to represent the country as a jury member at Summer Olympics.
          ____________________________



* Former Wimbledon and Newcastle United manager Joe Kinnear has passed away at the age of 77.
          ____________________________



* World Health Day is celebrated every year on April 7 to raise awareness around various health issues worldwide.
          ____________________________



* India rank 3rd with 67 unicorns, as per a report by the Hurun Research Institute.
109 unicorns were co-founded outside of India, compared with 61 in India.
          ____________________________



* Sushil Sharma has been appointed as the Chairman and Managing Director of SJVN Limited.
          ____________________________



* Wipro has appointed Srinivas Pallia as the chief executive officer (CEO) and managing director (MD) of the company.
          ____________________________



* The International Romani Day is annually celebrated on 8 April to raise awareness of the issues facing Romani people.
          ____________________________



* Admiral R. Hari Kumar, Chief of the Naval Staff, awarded ‘On the Spot Unit Citation 23-24’ to INS Sharda, for successful conduct of anti-piracy operations, during his recent visit to Southern Naval Command, Kochi.
          ____________________________



* BEML Limited and Bharat Electronics Limited (BEL) signed a MoU to jointly develop an indigenous Train Control Management System (i-TCMS).
TCMS is also known as the “brain of the train,” and it aims to play a pivotal role in coordinating control and monitoring across various systems.
          ____________________________



* Nobel Prize Winning British physicist Peter Higgs has died aged 94.
          ____________________________



* NDDB chief Meenesh Shah has been unanimously elected as chairman of National Cooperative Dairy Federation of India Ltd (NCDFI).
          ____________________________



* Corporate Affairs Ministry (MCA) has appointed two part-time members to the Governing Board of insolvency regulator, the Insolvency and Bankruptcy Board of India (IBBI).
          ____________________________



* The President of India, Droupadi Murmu launched India’s first home-grown gene therapy named “CAR-T cell therapy” for cancer at IIT Bombay.
The 'NexCAR19 CAR T-cell therapy' is the country's first 'Made in India' CAR T-cell therapy which is expected to bring down the cost of treatment significantly.
CAR-T cell therapy is considered to be one of the most phenomenal advances in medical science.
          ____________________________



* RECPDCL has handed over two project-specific SPVs namely 'Kallam Transco Limited' and 'Jalpura Khurja Power Transmission Limited', to Tata Power.
REC Power Development and Consultancy Limited, RECPDCL, a wholly owned subsidiary of REC Limited, has been providing knowledge-based consultancy and expert project implementation services to more than 50 State power distribution companies and Power Departments of States.
          ____________________________



* India aims to produce 100 GW nuclear power by 2047.
          ____________________________



* The Technology Development Board (TDB) has partnered with Remine India Private Limited to establish a commercial plant for recycling lithium-ion batteries (LIB) and e-waste using indigenous technology in Uttarakhand.
Presently, a large portion of LIBs, about 95%, end up in landfills without recycling, while only 5% undergo the process.
The lithium-ion battery recycling market is expected to grow significantly, reaching close to $15 billion by 2030, showing a compound annual growth rate of 21.6%.
In 2021, the market size was $3.8 billion.
          ____________________________



* Zimbabwe has launched a new gold-backed currency called ZiG "Zimbabwe Gold".
The new ZiG banknotes come in denominations of between 1 and 200.
          ____________________________



* Small Industries Development Bank of India (SIDBI) signed an agreement with a fintech Onion Life Private Limited to use its technology platform KarmaLife for a pilot to provide small enterprise loans to gig workers.
          ____________________________



* Tata Mutual Fund launched 6 thematic index funds.
          ____________________________



* Lawmaker Simon Harris was elected Ireland’s new prime minister, becoming at 37 the country’s youngest-ever leader.
          ____________________________



* Jagjit Pavadia was re-elected as a member to the International Narcotics Control Board (INCB) by secret ballot for the third term for five years from March 2025-2030.
The UN Economic and Social Council (ECOSOC) held elections to fill vacancies in 17 of its subsidiary bodies.
India secured 41 votes out of the 53 voting members of the ECOSOC, the highest amongst all winning member states.
          ____________________________



* The US-India Tax Forum, an US-India Strategic Partnership Forum (USISPF) initiative, has appointed Tarun Bajaj as the new Chair of the Forum.
          ____________________________



* Tata Advanced Systems (TASL) has launched India’s first private sector-built sub-metre resolution earth observation satellite, TSAT-1A, in collaboration with Satellogic.
          ____________________________



* World Homeopathy Day is annually celebrated on 10 April to honour the work of German physician and chemist Dr Samuel Hahnemann on his birth anniversary.
World Homeopathy Day follows its foundations back to the birth of Dr. Samuel Hahnemann on April 10, 1755.
10 April 2024 marks the 269th birth Anniversary of Dr Christian Friedrich Samuel Hahnemann .
          ____________________________



* Every year April 9 is celebrated as Bravery Day (Valour Day) to pay tribute to the brave soldiers of the Central Reserve Police Force (CRPF).
          ____________________________



* India and Mauritius have signed a protocol to amend the double taxation avoidance agreement (DTAA).
The introduction of the PPT aims to curtail tax avoidance by ensuring that treaty benefits are only granted for transactions with a bona fide purpose.
          ____________________________



* Khanij Bidesh India Limited (KABIL) has signed a MoU with CSIR-IMMT for Technical & Knowledge cooperation for Critical Minerals.
          ____________________________



* India’s Jawaharlal Nehru University (JNU) has emerged as the highest-ranked Indian university in 14th edition of QS World University Rankings list.
According to QS, India stands as one of the world’s most rapidly expanding research centres.
          ____________________________



* The World Trade Organisation (WTO) revised its projection for merchandise trade volume to grow increase by 2.6 percent in 2024 and by 3.3 percent in 2025.
North America (3.6 percent), the Middle East (3.5 percent) and Asia (3.4 percent) should all see moderate export growth, while South America is expected to grow slower, at 2.6 percent.
          ____________________________



* The Aadhaar Enabled Payment System (AePS) service introduced by India Post Payments Bank (IPPB) enables cash withdrawals from the comfort of home.
The NPCI has set a maximum transaction amount of Rs10,000 for a single AePS financial transaction.
          ____________________________



* The Asian Development Bank (ADB) increased its GDP growth projection for India for FY25 to 7%, up from its previous estimate of 6.7%.
          ____________________________



* NIIF has invested USD 200 million (about Rs 1,660 crore) investment in iBUS Network and Infrastructure Private Limited to support the growth of India’s digital infrastructure.
          ____________________________



* ICICI Lombard General Insurance Company has entered into a strategic partnership with Policybazaar to offer products on the platform.
          ____________________________



* PhonePe has partnered with Nepal's digital wallet service eSewa and the Hotel Association of Nepal (HAN) Pokhara to promote digital payments through UPI on the Nepal payment processor Fonepay Network.
          ____________________________



* Indian-American actress Avantika Vandanapu was named the South Asian Person of the Year by Harvard University.
Avantika Vandanapu, known mononymously as Avantika, is an American actress.
She has worked in several Indian films in the Telugu language.
She had her first lead role Disney Channel original movie Spin and subsequently starred in Netflix’s Senior Year.
          ____________________________



* FSIB has recommended the name of IFCI Managing Director Manoj Mittal as SIDBI Chairman and Managing Director.
          ____________________________



* NASA have signed an agreement with Japan to advance sustainable human exploration of the Moon.
          ____________________________



* Every year, World Parkinson's Day is observed on 11 April.
          ____________________________



* Adani Green Energy becomes first company in India to surpass 10,000 megawatt (MW) renewable energy capacity in its operational portfolio.
Adani Green committed to sustainable practices across its operations, aligning with the United Nations Sustainable Development Goals.
          ____________________________



* As per report released by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), India is expected to lose around 5.8 percent of daily working hours due to rising temperatures by 2030.
          ____________________________



* The Reserve Bank of India (RBI) has deferred the implementation of currency derivative regulations by a month to 3 May 2024.
          ____________________________



* NTPC Ltd has shut down its 220 MW Barauni Thermal Power Station Stage 1 in Bihar.
The plant comprised Stage-I of two units of 110 MW and Stage-II of two units of 250 MW. The Stage-2 of the plant was commissioned in November 2021.
The project has the coal linkage of Badam Coal Block, which was part of the transfer scheme.
          ____________________________



* Shashwat Goenka, Vice Chairman of the RPSG Group, has been named in Young Global Leader for 2024 by the World Economic Forum (WEF).
Shashwat Goenka joins 2024 Class of Young Global Leaders of WEF.
Three other Indians join Goenka in the 2024 class.
          ____________________________



* NTPC Limited launched latest edition of Girl Empowerment Mission (GEM), its flagship Corporate Social Responsibility (CSR) initiative.
The GEM Mission, initiated as a pilot project in 2018 with just three locations and 392 participants, has flourished into a nationwide movement.
          ____________________________



* As per UN DESA's FSDR 2024, to overcome or close the development financing gap in Sustainable Development Goals (SDGs), now estimated at 4.2 trillion U.S dollars annually.
          ____________________________



* Karnataka Bank has partnered with FISDOM to offer 3-in-1 (savings, demat and trading accounts) through the bank's mobile banking app 'KBL Mobile Plus'.
          ____________________________



* Computer Age Management Services Ltd (CAMS) has received a certificate of authorisation from Reserve Bank of India (RBI) to operate as an online payment aggregator.
Computer Age Management Services (CAMS) is a Mutual Fund Transfer Agency to the Indian Asset Management Companies.
It serves a diverse portfolio of clients which include mutual funds, insurance companies, banks and non-banking finance companies.
The company was incorporated in 1988 and is headquartered in Chennai.
          ____________________________



* Dr Gagandeep Kang, Director of Global Health at the Bill and Melinda Gates Foundation, honoured with the prestigious John Dirks Gairdner global health award 2024.
          ____________________________



* Mathematician Avi Wigderson was named by the Association for Computing Machinery (ACM) as the recipient of the 2023 ACM A.M Turing Award.
          ____________________________



* The central government notified the appointment of National Stock Exchange CEO and managing director Ashish Kumar Chauhan and Zoho founder Sridhar Vembu as members of the University Grants Commission (UGC) for 3 year.
The recent appointments align with the UGC Act of 1956, which stipulates that at least four members should be active university professors.
          ____________________________



* Iceland has appointed Bjarni Benediktsson to replace Katrín Jakobsdóttir as prime minister after she resigned to run in the country’s upcoming presidential election.
          ____________________________



* IndusInd International Holdings has acquired 60% stake in Invesco Asset Management India for undisclosed amount.
          ____________________________



* Russia test-launched its Angara-A5 space rocket for the first time from the Vostochny Cosmodrome in the Far East.
          ____________________________



* Israel for the first time deployed its ship-mounted defence system, called the C-Dome.
          ____________________________



* Anupama Upadhyaya and Tharun Mannepalli won the women’s and men’s singles titles, respectively at the Kazakhstan International Challenge tournament in Astana.
In mixed doubles, Sanjai Srivatsa Dhanraj-Maneesha K pair went down 21-9, 7-21, 12-21 against Malaysia’s Wong Tien Ci-Lim Chiew Sien in the summit clash.
          ____________________________



* The International Day of Human Space Flight is celebrated on 12 April to honour the first person, Yuri Gagarin, to go to space.
          ____________________________



* According to the latest data from the Global Forest Watch monitoring project, India has lost 2.33 million hectares of tree cover since 2000, equivalent to a 6% decrease in tree cover during 2001-2023.
          ____________________________



* Ministry of Agriculture and Farmers Welfare (MoA&FW) has introduced a new platform - CDP-SURAKSHA - to disburse subsidies to horticulture farmers under the Cluster Development Programme (CDP).
The total production of horticulture crops in India has spiked from 240.53 million tonnes (in 2010-11) to 334.60 million tonnes in 2020-21.
          ____________________________



* India's fintech sector logs robust 59% growth in Q1 2024!
Bengaluru led the funding in the Indian fintech space, followed by Mumbai and Hyderabad.
          ____________________________



* PayU partnered with the US-based fintech company PayPal to enhance the cross-border payment experience for Indian merchants.
          ____________________________



* CNS Admiral R Hari Kumar presented Gallantry and Distinguished Service Awards to Naval personnel at South Goa.
The Lieutenant VK Jain Memorial Gold Medal is awarded for pioneering research in the field of weapons improvement and electrical engineering.
          ____________________________



* Prevention of Blindness Week is annually observed from 1st April to 7 April to raise awareness about the struggles and achievements of blind people.
          ____________________________



* The executive board of the International Monetary Fund (IMF) re-appointed Kristalina Georgieva’s position as managing director for a 2nd five-year term starting on 1st October 2024.
          ____________________________



* Larsen & Toubro concludes Divestment of its entire stake 51% in L&T Infrastructure Development Projects Limited (L&T IDPL).
L&T IDPL has been a pioneer in Public-Private-Partnership (PPP) model of infrastructure development in India.
          ____________________________



* Indonesian Badminton player Jonatan Christie won his first Asian Badminton Championship by defeating the Chinese player Li Shi Feng in the final of the 2024 Badminton Asia Championships.
Badminton Asia is the governing body of the badminton sport in Asia.
It is a member of the badminton’s world governing body, the Badminton World Federation (BWF).
          ____________________________



* Top Indian athlete Aishwarya Mishra’s 400m bronze medal at 2023 Asian Championships will be upgraded to silver.
          ____________________________



* 13th April 2024 marks the 105th Anniversary of the Jallianwala Bagh Massacre (also known as the Amritsar Massacre).
          ____________________________



* In the top 10 busiest airports of the world in 2023, Delhi's Indira Gandhi International Airport has secured the 10th position globally with a passenger traffic of 72.2 million flyers.
Delhi's airport in 2022 the airport was at ninth position.
          ____________________________



* Jio Financial Services is forming a joint venture with U.S asset manager BlackRock to set up a wealth management and broking business in India.
          ____________________________



* RBI has directed all banks and regulated entities that it all lenders will have to provide key facts statement (KFS) about the loan agreement terms, including all-inclusive interest cost to borrowers for retail and MSME loans, with effect from 1st October 2024.
          ____________________________



* Bank of India and Indian Mortgage Guarantee Corporation (IMGC) have signed agreement to provide mortgage guarantee-backed home loan products in the affordable housing segment.
          ____________________________



* SBI Life Insurance launched the 1st edition of 'IdeationX'.
India's impending ascent to become the 3rd largest economy by 2030 presents a vast opportunity for the life insurance industry.
          ____________________________



* Kuwait's Emir appointed Ahmad Abdullah al-Ahmad al-Sabah as new prime minister of Kuwait.
Kuwait operates under a political system devoid of political parties, with the Emir holding ultimate authority.
          ____________________________



* Gopi Thotakura is set to become the first Indian to venture into space as a tourist on Amazon founder Jeff Bezos's Blue Origin’s NS-25 mission.
          ____________________________



* ISRO has developed lightweight Carbon-Carbon (C-C) nozzle for rocket engines.
The PS4, the fourth stage of the PSLV, currently employs twin engines with nozzles made from Columbium alloy.
          ____________________________



* Linking of the Ayushman Bharat Health Account (ABHA) number with the Central Government Health Scheme (CGHS) Beneficiary ID has been extended for 120 days or four months from 30 June 2024.
          ____________________________



* Indian Institute of Technology (IIT) Madras launched India's first medical devices calibration facility on wheels.
          ____________________________



* Trishakti Corps, Indian Army, conducted a training exercise on Anti-Tank Guided Missile (ATGM) firing at a Super High-Altitude Area of 17,000 Feet in Sikkim.
          ____________________________



* According to a report by the UNFPA, India's population is estimated to have reached 1.44 billion, with 24 percent in the 0-14 age bracket.
          ____________________________



* Axis Bank has collaborated with Shoppers Stop Ltd to unveil their latest offering 'Axis Bank Shoppers Stop Credit Card'.
          ____________________________



* SIDBI signed a MOU With Jeevika Bihar & UMED Maharashtra To Extend Prayaas Scheme To State Rural Livelihood Missions.
          ____________________________



* India’s economy is projected to grow by 6.5% in 2024, according to a report by the UN Trade and Development (UNCTAD).
          ____________________________



* IMF raised India’s GDP growth projection for 2024-25 by 30 basis points to 6.8 percent in its update to the World Economic Outlook (WEO).
          ____________________________



* The Ministry of Law and Justice notified a six-member committee to address issues related to the queer community, the committee, to be headed by the Cabinet Secretary Rajiv Gauba.
          ____________________________



* The Competition Commission of India (CCI) has approved acquisition of stake in PAMP Technologies (India) Private Ltd (PAMP Technologies) and MMTC PAMP India Private Ltd by PAMP Ventures SA.
The CCI has approved the acquisition of additional shareholding of Thyssenkrupp Industries India Private Ltd (Target) by Protos Engineering Company Private Ltd (Protos) and Paharpur Cooling Towers Ltd (Paharpur).
          ____________________________



* Tennis player Stefanos Tsitsipas of Greece defeated Casper Ruud of Norway in a straight set 6-1, 6-4 to win his third ATP Monte Carlo Masters 1000 title.
The ATP Monte Carlo Masters 1000 is one of the three Masters 1000 tournaments played on clay courts.
It was started in 1906. The Monte Carlo Open is held in Monaco.
          ____________________________



* British-American author Salman Rushdie releases his memoir "Knife: Meditations After an Attempted Murder".
          ____________________________



* The Union finance ministry notified amendments to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 to operationalise the new foreign direct investment (FDI) limits for satellite-related activities.
          ____________________________



* The Central Board of Direct Taxes (CBDT) has signed a record number of 125 Advance Pricing Agreements (APAs) with Indian taxpayers in 2023-24.
Further, the taxpayer has the option to rollback the APA for four preceding years, as a result of which, tax certainty is provided for 9 years.
          ____________________________



* Government Establishes Panel to Drive Legislation for Optimal Mining of Critical Minerals.
The government has cancelled the auction for 13 of the 20 blocks put on sale in the first tranche of critical minerals as the response was lukewarm.
          ____________________________



* The government has notified specifications of a new product 'Nano Urea Plus' fertiliser to be manufactured by cooperative IFFCO in the country for the next 3 years.
IFFCO launched the world's first 'Nano liquid urea' fertiliser in June 2021. Thereafter, it came up with 'Nano DAP' fertiliser in April 2023.
          ____________________________



* Tirangi Barfi of Varanasi has been given the status of GI product.
During the country's independence movement, Tricolor Barfi was invented for intelligence meetings of revolutionaries and exchange of secret information.
In this, saffron is used for saffron colour, pistachio for green colour and khoya and cashew nuts are used for white colour.
          ____________________________



* 5th edition of India-Uzbekistan joint military Exercise 'DUSTLIK-2024' is being conducted from 15th to 28th April 2024 in Termez District, Uzbekistan.
          ____________________________



* The International Financial Services Centers Authority (IFSCA) has set up a standing committee that will come up with a framework for launching climate finance products.
          ____________________________



* India's economy is estimated to grow at 8-8.3 percent in FY25.
          ____________________________



* The Indian Institute of Technology Kanpur and Blockchain For Impact (BFI) have announced a strategic partnership under the BFI-Biome Virtual Network Programme to nurture innovations and driving advancements in healthcare in India.
          ____________________________



* A state-of-the-art Submersible Platform for Acoustic Characterization and Evaluation (SPACE) was inaugurated by Secretary of Defence (R&D) and Chairman of DRDO Dr Samir V Kamat at the Underwater Acoustic Research Facility, Kulamavu, in Idukki, Kerala.
          ____________________________



* The senior Indian wrestling team finished their campaign at the 20th Asian Wrestling Championship by winning 9 medals - 4 silvers and 5 bronzes.
          ____________________________



* Every year 18th April is celebrated as World Heritage Day or International Day for monuments and sites.
          ____________________________



* A team of archaeologists have discovered a unique Iron Age megalithic site at Ooragutta near Bandala village in SS Tadvai mandal of Mulugu district, Telangana.
          ____________________________



* The Higher School of Economics (HSE), situated in Russia, and the University of Delhi have forged an agreement for strategic collaboration and joint initiatives.
          ____________________________



* Qatar's Hamad International Airport in Doha has been named the world's best airport in 2024 by London-based air transport rating organisation Skytrax, with Singapore Changi Airport coming in at second place.
Skytrax is a United Kingdom–based consultancy headquartered in London that runs an airline and airport review website.
          ____________________________



* Sweden has become 38th signatory to the Artemis Accords.
The Artemis Accords are a set of principles to guide the next phase in space exploration.
          ____________________________



* Airtel Payments Bank has launch of its NCMC (National Common Mobility Cards) enabled debit and pre-paid cards in association with the National Payments Corporation of India (NPCI).
          ____________________________



* Amazon Pay to introduce credit services on the Unified Payments Interface (UPI) platform in collaboration with the National Payments Corporation of India (NPCI).
Amazon Pay boasts partnerships with approximately 8.5 million brick-and-mortar sellers across 350 urban and rural areas, along with over 10,000 online sellers.
          ____________________________



* The Five Wisden Cricketers of the Year have been announced in the 2024 edition of the Wisden Cricketers' Almanack.
          ____________________________



* Ananth Technologies Founder, CEO and Chairman Pavuluri Subba Rao has been conferred with the ‘Aryabhatta Award’ instituted by the Aeronautical Society of India (ASI).
          ____________________________



* Defence Research and Development Organisation (DRDO) conducted a successful flight-test of Indigenous Technology Cruise Missile (ITCM) from the Integrated Test Range (ITR), Chandipur off the coast of Odisha.
The missile is developed by Bengaluru-based DRDO laboratory Aeronautical Development Establishment (ADE) along with contribution from other laboratories and Indian industries.
          ____________________________



* Intel has built Code-named 'Hala Point', the world's largest neuromorphic system to support research for future brain-inspired artificial intelligence.
          ____________________________



* Prime Minister Narendra Modi was presented with a book titled "Sabke Ram" by Panchjanya editor Hitesh Shankar and Managing Director of Bharat Prakashan Arun Goyal.
          ____________________________



* Bandhan Financial Holdings Ltd has renamed Aegon Life Insurance to Bandhan Life after acquiring the life insurer.
          ____________________________



* World Liver Day is observed annually on 19th April to raise awareness about liver-related diseases and the importance of liver health.
As indicated by studies, around 20 lakhs people die every year because of liver illnesses across the world; the numbers are predicted to shoot up 35 percent by 2030.
          ____________________________



* The Department of Public Enterprises (DPE), Ministry of Finance, has given the status of Navratna company to urea manufacturer National Fertilizers Limited (NFL).
Maharatna or Navratna status is for Central Public Sector Enterprises (CPSE) companies.
          ____________________________



* The Comptroller and Auditor General of India (CAG) has signed an agreement with SAI Bulgaria, the Bulgarian National Audit Office, in Sofia, in a bid to foster international cooperation.
The MoU signing ceremony was attended by Goritsa Grancharova – Kozhareva, Acting President of the Bulgarian National Audit Office.
          ____________________________



* The Insurance Regulatory and Development Authority of India (IRDAI) marked the celebration of its Silver Jubilee (25th year) on 19th April 2024.
          ____________________________



* NPCI Bharat BillPay Ltd (NBBL) in association with State Bank of India, has onboarded SBI National Common Mobility Card (NCMC) on its Bharat BillPay platform for the convenience of travellers.
          ____________________________



* Fintech firm CRED has received in-principle approval from the Reserve Bank of India (RBI) for the payment aggregation (PA) business.
It usually takes about six months after the in-principle nod for a company to get the final approval from the RBI.
CCAvenue, Innoviti Payments and MSwipe are also among the payment companies which received their final PA licence recently.
          ____________________________



* ReNew Energy Global has signed an initial agreement with JERA Co Inc, to jointly evaluate development of a green ammonia production project in India.
          ____________________________



* The Indian Renewable Energy Development Agency Ltd (IREDA) has established an new office in GIFT City, Gandhinagar.
          ____________________________



* DRDO’s Aeronautical Development Agency (ADA) has handed over the first batch of the indigenous Leading Edge Actuators and Airbrake Control Module to Hindustan Aeronautics Limited (HAL).
          ____________________________



* Vice Admiral Dinesh Kumar Tripathi was appointed as the 26th Chief of Naval Staff of the Indian Navy, succeeding Navy Chief Admiral Hari Kumar.
          ____________________________



* The Appointments Committee of the Cabinet (ACC) has approved the appointment of Senior IPS officer Nalin Prabhat as the Director-General of National Security Guard (NSG).
The ACC has also approved the appointment of Intelligence Bureau Additional Director Sapna Tewari as the Special Director in the agency.
Tewari has been appointed for a tenure of two years from the date of assumption of charge of the post or up to the date of her superannuation i.e. 30 April 2026.
          ____________________________



* The Reserve Bank of India (RBI) has approved the appointment of Ajith Kumar K.K. as the managing director (MD) and chief executive officer (CEO) of Dhanlaxmi Bank for a period of 3 years.
          ____________________________



* HDFC Life Insurance’s chairman Deepak S Parekh stepped down from his role.
The VK Viswanathan and Prasad Chandran shall cease to be Independent Directors of the Company after completing their two consecutive terms of five years each on April 24, 2024.
          ____________________________



* India delivered the first batch of BrahMos supersonic cruise missiles to the Philippines.
A few other countries including Argentina have also shown interest in procuring BrahMos missiles from India.
BrahMos Aerospace Pvt Ltd, an India-Russian joint venture, produces the supersonic cruise missiles that can be launched from submarines, ships, aircraft, or land platforms.
          ____________________________



* UN Chinese Language Day is observed annually on 20 April.
          ____________________________



* Rail Vikas Nigam Ltd (RVNL) has signed a MoU with Turkish Engineering Consulting and Contracting-TUMAS India Pvt Ltd.
          ____________________________



* Indian Navy conducted Exercise 'Poorvi Lehar' on East Coast under the Operational Control of The Flag Officer Commanding-in-Chief, Eastern Naval Command.
          ____________________________



* Prime Minister Narendra Modi inaugurated the 2550th Bhagwan Mahaveer Nirvana Mahotsav at Bharat Mandapam in the national capital, on the occasion of Mahavir Jayanti.
          ____________________________



* Belgium’s Ingmar De Vos has been elected unanimously as the new President of the Association of Summer Olympic International Federations (ASOIF).
          ____________________________



* According to new data on global military spending published by the SIPRI, the total global military expenditure increased for the 9th consecutive year to an all-time high of USD 2443 billion in 2023.
In 2023 the 31 NATO members accounted for $1341 billion, equal to 55 percent of the world’s military expenditure.
Military spending by the USA rose by 2.3 per cent to reach $916 billion in 2023, representing 68 per cent of total NATO military spending.
Japan allocated $50.2 billion to its military in 2023, which was 11 per cent more than in 2022.
          ____________________________



* 3 Indian banks, SBI, HDFC Bank and ICICI Bank, have been included in the top 50 banks of the Asia-Pacific region according to a report of S&P Global Market Intelligence released.
SBI improved its ranking from 20th in 2023 to 21 in 2022. In 2023, SBI's assets increased to $780.05 billion.
HDFC Bank, was the second-highest-ranked Indian bank in 2023. In 2022, it was ranked 46, while in 2023, it jumped to 33.
ICICI Bank, was included for the first time on the list of the top 50 Asia Pacific banks. ICICI Bank was ranked 48th.
          ____________________________



* 10 Multilateral Development Banks (MDBs) launched a 'Global Collaborative Co-Financing Platform' that will enable them to channel additional capital for development scale and impact.
          ____________________________



* NTPC Green Energy Ltd (NGEL) has signed an initial pact with Indus Towers Ltd (ITL) to address the need for pacing green energy objectives and the GoI's efforts towards carbon neutral economy.
NTPC is India's largest power utility with the core business of power generation having a total installed capacity of 76 GW.
          ____________________________



* CSIR-IICT and BHEL corporate R&D have signed a MoU to develop a technology for capturing and CO2 into Dimethyl Ether (DME) through direct catalytic conversion.
IICT is an institution under the Council of Scientific & Industrial Research (CSIR).
          ____________________________



* Puravankara Limited has been honoured with Achievement Award for Creating Social Development and Impact at the 15th Edition of the Vishwakarma Awards, hosted by the Construction Industry Development Council (CIDC).
          ____________________________



* GM Gukesh Dommaraju has won the 2024 FIDE Candidates Tournament.
          ____________________________



* World Champion formula one (F1) driver Max Verstappen has won the Chinese Grand Prix race 2024.
Red Bull driver Max Verstappen won his first Chinese Grand Prix and the fourth race of the 2024 season.
Max Verstappen has already won the Bahrain Grand Prix, Saudi Arabian Grand Prix, Japanese Grand Prix and the Chinese Grand Prix.
Carlos Sainz is the only driver who has won the 2024 Australian Open.
          ____________________________



* Shankaracharya of Dakshinamnaya Sri Sharada Peetham, Sringeri, Jagadguru Sri Sri Vidhushekhara Bharati Swami released “Heavenly Islands of Goa”, a book authored by Governor of Goa P.S Sreedharan Pillai, in Goa.
          ____________________________



* Every year, National Civil Service Day is observed on 21 April.
          ____________________________



* World Creativity and Innovation Day, observed annually on 21 April.
          ____________________________



* Appointments Committee of the Cabinet (ACC) has approved the appointment of Narpat Singh (IRTS) to the post of Railway Adviser in the High Commission of India, Dhaka, Bangladesh.
          ____________________________



* ‘International Mother Earth Day’ is celebrated every year on 22 April.
          ____________________________



* The Armed Forces Medical Services (AFMS) signed a MoU for collaborative research and training with Indian Institute of Technology (IIT) Kanpur.
          ____________________________



* Revolut India has received an in-principle approval from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI), including prepaid cards and wallets.
          ____________________________



* The International Society for Krishna Consciousness (ISKCON) and the National Skill Development Corporation (NSDC) signed a MoU to empower tribal and underprivileged youth across India.
          ____________________________



* JSW Neo Energy Ltd has received a Letter of Award from NTPC Limited for a 700 MW solar project.
JSW Energy currently has an installed generation capacity of 7.2 GW and expects to increase that to 9.8 GW by the end of 2024.
          ____________________________



* Hindustan Aeronautics Ltd (HAL) has signed a Transfer of Technology (ToT) agreement with National Aerospace Laboratories for the manufacture of the Bismaleimide Engine Bay Door for the series production of Light Combat Aircraft Tejas Mk1A.
LCA Tejas Mk1A -- installed with the first set of Carbon-BMI Engine Bay Door assembly -- successfully completed the first flight from HAL facility here on 28 March 2024.
          ____________________________



* World no. 1 Serbian tennis player Novak Djokovic was named Laureus World Sportsman of the Year 2024.
          ____________________________



* Dr Sultan Ahmed Al Jaber, the Minister of Industry and Advanced Technology and COP28 President, has been honoured with the 'Global Energy Transition Impact Award' by the World Energy Council.
          ____________________________



* NASA has confirmed its Dragonfly rotorcraft mission to Saturn’s organic-rich moon Titan.
          ____________________________



* Spain’s former world number 1 and Wimbledon and French Open champion Garbine Muguruza announced her retirement from professional tennis at age 30.
          ____________________________



* Director Durai of Pasi fame passed away due to age-related complications in Chennai.
          ____________________________



* World English Day, also known as United Nations (UN) English Language Day, is celebrated annually on 23rd April.
          ____________________________



* UN Spanish Language Day is observed annually on 23 April.
          ____________________________



* Every year, April 23 is celebrated as the World Book and Copyright Day.
          ____________________________



* 24 April 2024 marks the observance of the 15th National Panchayati Raj Day (NPRD).
The Ministry is organizing a National Colloquium on - Governance at the Grassroots after Three Decades of the 73rd Constitutional Amendment - on 24th April, 2024, in New Delhi in relation to the National Panchayati Raj Day.
          ____________________________



* CelerityX, the enterprise networking solutions division of OneOTT Intertainment Ltd (OIL) and a subsidiary of Hinduja Global Solutions Limited, has introduced its latest innovation – OneX.
CelerityX has received its first order from Samta Sahakari Patasanstha for its branches in Maharashtra.
          ____________________________



* As per World Meteorological Organisation (WMO)' 4th edition of “State of the Climate in Asia 2023” report, Asia was the world’s most disaster-hit region from weather, climate and water-related hazards in 2023.
Particularly high average temperatures were recorded from western Siberia to central Asia and from eastern China to Japan.
          ____________________________



* Department of Administrative Reforms and Public Grievances (DARPG) signed a MoU with Ministry of Civil Service, Cambodia on cooperation in the field of Human Resource Development in Civil Service.
In 2023-24, 156 Cambodian Civil Servants attended 4 Capacity Building Programs at National Centre of Good Governance.
For 2024-25, 6 Capacity Building Programs have been scheduled for 240 Cambodian Civil servants.
          ____________________________



* National Bank for Agriculture and Rural Development (NABARD) launched its Climate Strategy 2030 document.
As of 2019-20, India received just around $49 billion in green financing, with the majority of funds going toward mitigation.
India is the world's third-largest emitter of greenhouse gases, following China and the United States.
The country has set an ambitious goal of reaching 175 GW of renewable energy capacity by 2022 and 450 GW by 2030.
          ____________________________



* AU Small Finance Bank (AU SFB) launched an suite of financial products including Rupay credit card and ATM insurance.
AU SFB has launched ATM Insurance, for the convenience of customers to buy insurance through AU SFB's ATMs with their debit card.
Not only this, but AU SFB have also launched WhatsApp Insurance where customer will get policy instantly using WhatsApp platform.
Once again, AU SFB has filed for a patent in April 2024.
          ____________________________



* The Supreme Court has appointed Justice Aniruddha Bose as the Director of The National Judicial Academy (NJA).
          ____________________________



* National Safe Motherhood Day is being celebrated on 11 April in India.
          ____________________________



* A two-day Coastal Security Exercise 'Sagar Kavach 01/24' involving all maritime security agencies was conducted in UT of Lakshadweep from 1 to 2 April 2024.
          ____________________________



* IndusInd Bank has become the first bank to successfully execute RBI’s programmable CBDC pilot in an exchange filing.
          ____________________________



* Razorpay launched its own Unified Payments Interface (UPI) infrastructure, or 'UPI switch', in partnership with Airtel Payments Bank.
          ____________________________



* Indian Bank has partnered with Tata Power Solar Systems Ltd (TPSSL) to empower residential consumers by providing them with financial support for solar installations.
          ____________________________



* Australia’s Macquarie Group launched its electric vehicle (EV) financing and end-to-end solutions platform 'Vertelo' in India, which will invest $1.5 billion in electrifying fleets of buses and cars.
          ____________________________



* BharatPe launched BharatPe One, India's first all-in-one payment product that integrates POS (point of sale), QR code, and speaker into one device.
          ____________________________



* Ratan N Tata, Chairman of Tata Trusts, has been conferred with the prestigious KISS Humanitarian Award 2021, in recognition of his unwavering commitment to social development and exemplary leadership.
Established in 2008 by Dr Achyuta Samanta, the KISS Humanitarian Award is the highest honour bestowed by KIIT and KISS.
          ____________________________



* Defence Research and Development Organisation (DRDO) has successfully developed the lightest bulletproof jacket in India for protection against the highest threat level 6.
          ____________________________



* C-DOT has signed an agreement with the Indian Institute of Technology, Jodhpur for “Automated Service Management in 5G and Beyond Networks Using AI”.
          ____________________________



* Administrative Professionals Day 2024 was observed on 24th April 2024.
          ____________________________



* World Day for Laboratory Animals is observed every year on 24 April.
          ____________________________



* Amitabh Chaudhry has been re-appointed as the managing director (MD) and chief executive officer (CEO) of Axis Bank.
          ____________________________



* Satluj Jal Vidyut Nigam (SJVN) Chairman and Managing Director Geeta Kapur inaugurated India's first multi-purpose green hydrogen pilot project at the 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Jhakri, Himachal Pradesh.
She also inaugurated the centralized operation of NJHPS and Rampur Hydro Power Station (RHPS), allowing remote operation of RHPS Unit-2 from the NJHPS control room.
          ____________________________



* Government has expanded the composition of the committee formed to look into pricing reforms for drugs and medical devices by admitting various industry bodies.
          ____________________________



* Khanij Bidesh India Limited (KABIL) signed a MoU with the Council of Scientific and Industrial Research - National Geophysical Research Institute (CSIR-NGRI) to foster a long-term collaboration in the field of geophysical investigations.
KABIL is a Joint Venture company of three public sector undertakings - National Aluminium Company Limited (NALCO), Hindustan Copper Limited (HCL) and Mineral Exploration and Consultancy Limited (MECL).
          ____________________________



* On the sidelines of the India-Kuwait Investment conference 2.0, India and Kuwait inked a MoU aimed at sharing information on technologies and innovations within the financial and regulatory sectors.
          ____________________________



* Effective from 24 April 2024, the RBI has raised the minimum capital requirement for ARCs from ₹100 crore to ₹300 crore.
          ____________________________



* The Reserve Bank of India (RBI) barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels, and from issuing fresh credit cards.
          ____________________________



* PayU Payments Pvt Ltd has received the Reserve Bank of India's in-principle approval to operate as a payment aggregator and onboard new merchants onto its platform.
          ____________________________



* Two Indian students' teams from the New Delhi area and Mumbai have won awards from the NASA' 30th Human Exploration Rover Challenge (HERC) 2024.
          ____________________________



* United Nations Secretary-General António Guterres has appointed Gita Sabharwal of India as the United Nations Resident Coordinator (designate) in Indonesia, with the host Government’s approval.
          ____________________________



* The Srei Infrastructure Finance Limited (SIFL), managed by the National Asset Reconstruction Company Limited (NARCL), has appointed Hardayal Prasad as its new Managing Director and CEO.
          ____________________________



* The International Day of Multilateralism and Diplomacy for Peace is annually observed on 24 April.
          ____________________________



* Eight-time Olympic gold medallist Usain Bolt has been chosen as the ambassador for the ICC Men’s T20 World Cup 2024, which will be co-hosted by the USA and West Indies in June, 2024.
9th ICC Men’s T-20 World Cup, which will be hosted by the West Indies and the United States of America jointly from 1 to 29 June 2024.
The 9th ICC Men’s T-20 World Cup will be the biggest men’s T-20 World Cup in terms of participation. For the first time, 20 teams will participate in the T-20 World Cup.
          ____________________________



* International Girls in ICT Day 2024 was observed on 25 April.
          ____________________________



* China launches 3-member Shenzhou-18 crew to its Tiangong space station in low earth orbit.
          ____________________________



* World Malaria Day is annually observed on 25 April to raise awareness about the preventive measures against Malaria.
Since 2001, African Governments have been celebrating Africa Malaria Day.
In 2008, Africa Malara Day was changed to World Malaria Day at the 60th session of the World Health Assembly sponsored by World Health Organisation.
          ____________________________



* The Alliance of Digital India Foundation (ADIF) and the IIT Guwahati Technology Incubation Centre (IIT Guwahati TIC) signed a MoU to foster entrepreneurship and offer assistance to technology firms.
          ____________________________



* UNHCR launched the UNHCR Climate Resilience Fund, seeking to boost the protection of refugees and displaced communities.
          ____________________________



* According to a UNCTAD report, India's services exports increased 11.4 percent to USD 345 billion in 2023 despite global economic uncertainties.
          ____________________________



* NABARD partners with Reserve Bank Innovation Hub (RBIH) Hub to fast-track digital agri lending.
          ____________________________



* Odisha Government Extends Hockey India Sponsorship till 2026.
While the outgoing Naveen Patnaik-led Government had extended the sponsorship of the men's and the women's national hockey team- both senior and junior-till 2033, the new extension decision will now see the state sponsor the teams till 2036, implying a further three-year extension.
          ____________________________



* SBI Card has launched three variants of its first travel-focused core credit card, 'SBI Card MILES'.
SBI Card MILES ELITE also offers Priority Pass membership.
With an annual fee of ₹4,999 plus applicable taxes, SBI Card MILES ELITE delivers premium travel experiences.
The SBI Card MILES PRIME and SBI Card MILES variants come with annual fees of ₹2,999 and ₹1,499 plus applicable taxes, respectively.
          ____________________________



* Groww Mutual Fund has received the approval from the Securities and Exchange Board of India (SEBI) to introduce India's 1st Nifty Non-Cyclical Consumer Index Fund.
The scheme will offer both regular and direct plans along with growth and IDCW options.
The scheme will invest 95-100% in equities and equity-related securities of companies engaged in or expected to benefit from consumption and consumption-related activities and 0-5% in debt.
          ____________________________



* The Securities and Exchange Board of India (SEBI) has approved CRISIL ESG Ratings & Analytics as a Category 1 provider of environmental, social, and governance (ESG) ratings.
Besides, the principal shareholder of an ESG rating agency is mandated to retain a minimum ownership interest of 26% in said agency for at least five years subsequent to receiving regulatory approval.
          ____________________________



* Hitachi Payment Services has launched India's first upgradable ATMs.
          ____________________________



* A MoU was signed between NTPC Limited and Rashtriya Ispat Nigam Limited (RINL) for the supply of 9 lakh metric tonnes of limestone (lime chips, a by-product of the RINL).
          ____________________________



* Former Indian wrestler Narsingh Pancham Yadav was elected the Chairman of the 7 member Athletes' Commission of the Wrestling Federation of India (WFI).
The UWW is the international governing body for wrestling. It monitors wrestling at the Olympics and World Championships.
Narsingh Pancham Yadav is an Indian wrestler.
At the 2010 Commonwealth Games, he won the gold medal in the men's freestyle 74 kg category.
          ____________________________



* The Competition Commission of India (CCI) has approved subscription to Compulsory Convertible Debentures (CCDs) of Napino Auto and Electronics Limited (Napino) by International Finance Corporation (IFC).
          ____________________________



* International Delegate's Day is annually observed on 25 April to raise awareness of the role of the representatives and delegates of Member States to the United Nations.
          ____________________________



* International Chernobyl Disaster Remembrance Day is annually observed on 26 April.
26 April 2024 marks the 38th anniversary of the accident at the Chernobyl nuclear power plant.
          ____________________________



* World Penguin Day is celebrated on 25 April each year.
          ____________________________



* Every year, World Intellectual Property Day is observed on 26 April.
          ____________________________



* Indian Renewable Energy Development Agency (IREDA) and Housing & Urban Development Corporation Ltd (HUDCO) was conferred the prestigious ‘Navratna’ status by the Department of Public Enterprises (DPE).
Housing & Urban Development Corporation Ltd (HUDCO) was also granted the Navratna status.
The Indian government grants ‘Navratna’ status, a mark of distinction, to high-performing public sector undertakings (PSUs).
These PSUs are empowered to make significant investments, up to Rs1,000 crore per project or 30% of their net worth annually (capped at Rs1,000 crore), without central government approval.
          ____________________________



* More than 27% of the identified glacial lakes in the Himalayas have notably expanded since 1984 and 130 of those are in India: ISRO
Among the 676 expanding lakes, the majority are moraine-dammed (307), followed by erosion (265), other (96), and ice-dammed (8) glacial lakes.
          ____________________________



* Indian Navy’s indigenous, INS Sahyadri participated in Maritime Partnership Exercise with Royal Navy’s RFA Argus and RFA Lyme Bay.
INS Sahyadri is a Shivalik-class stealth multi-role frigate built for the Indian Navy.
          ____________________________



* The Reserve Bank of India (RBI) lay out with guidelines for the voluntary conversion of small finance banks (SFBs) into universal banks.
The RBI granted licenses to the first set of SFBs, totalling 10, in 2015, and most of them began operations in 2016-17.
          ____________________________



* Securities and Exchange Board of India (SEBI) allowed AIFs (alternative investment funds) to pledge their shares in investee companies in the infrastructure sector.
The regulator has decided to provide a one-time flexibility to schemes of AIFs whose liquidation period has expired or will expire by 24 July 2024.
Such schemes will get a new liquidation period until April 24, 2025.
          ____________________________



* The Asian Development Bank (ADB) committed $23.6 billion from its own resources in 2023 to help Asia and the Pacific progress on sustainable development.
          ____________________________



* HDFC Life, one of India’s leading insurers, and Peerless Financial Products Distribution Ltd (PFPDL) have entered into a corporate agency tie-up.
PFPDL is a subsidiary of the Peerless General Finance & Investment Co. Ltd (PGFI), one of India’s oldest and biggest NBFCs in East India.
PFPDL has 40 branches with a broad customer base across 42 locations.
In FY 2024, HDFC Life has secured more than 66 million lives with an overall claim settlement ratio of 99.7%.
          ____________________________



* Ericsson India and the Foundation for Innovation & Research in Science & Technology (F.I.R.S.T) at the Indian Institute of Technology (IIT) Kanpur partnered to boost Mobile Fintech innovation.
Ericsson’s Wallet Platform supports over 400 million registered mobile wallets, processing 2.8 billion transactions valued at over $40 billion monthly.
          ____________________________



* The International Cricket Council (ICC) has named India's famous former cricketer Yuvraj Singh as the ambassador for the ICC Men's T20 World Cup 2024.
          ____________________________



* ATC Telecom Infrastructure Pvt Ltd sold its entire 2.87 percent stake in telecom operator Vodafone Idea for Rs1,840 crore through an open market transaction.
American Tower Corporation (ATC) Telecom Infrastructure is one of the largest infrastructure service providers for Vodafone Idea.
ATC Telecom Infrastructure held a 2.87 percent stake in VI as it has recently converted debentures into equities.
          ____________________________



* A rare butterfly species named 'Neptis philyra' (Nymphalidae family), discovered in Arunachal Pradesh.
The TWS is named after the Tale Valley, where the wild onion "Tale" is abundant. located in the Lower Subansiri District.
          ____________________________



* The Former Australian Cricketer Shane Watson launched his book, “The Winner’s Mindset”.
          ____________________________



* World Veterinary Day 2024 was celebrated on Saturday, 27 April 2024.
          ____________________________



* Manipur observed 133rd Khongjom Day on 23 April 2024.
          ____________________________



* The Department of Pension and Pensioners’ Welfare (DoPPW) launched the 'Integrated Pensioners’ Portal of the Bank of India' to digitalise pension services and enhance the welfare of pensioners.
The Bhavishya platform, an integrated online pension processing system, ensures end-to-end digitisation of pension processing and payment, from online filing to electronic issuance of the PPO.
          ____________________________



* India's gem and jewellery sector has received an Authorised Economic Operator (AEO) status from the finance ministry.
The AEO is a programme under the World Customs Organisation (WCO) SAFE Framework of Standards to secure and facilitate global trade.
The AEO programe was introduced as a pilot project in 2011.
          ____________________________



* The 26th edition of World Energy Congress, was held in Rotterdam, The Netherlands, from 22 April to 25 April 2024, to commemorates the centenary of the World Energy Council.
Representatives from the China Electricity Council outlined their ambitious goals for renewable energy, aiming to triple their current installations by 2030.
Parminder Chopra from the Power Finance Corporation discussed the challenges India faces in balancing energy access expansion with industrialization.
          ____________________________



* The Reserve Bank of India (RBI) kept the investment limit by Foreign Portfolio Investors (FPI) in government securities unchanged at 6 percent of the outstanding securities stocks for 2024-25.
          ____________________________



* The Reserve Bank of India (RBI) directed Gurugram-based company TalkCharge to refund the prepaid funds held in the wallets of its customers.
          ____________________________



* The State Bank of India partnered with HCLSoftware, the software business unit of HCLTech, for the bank's digital transformation.
          ____________________________



* REC Limited has secured green loan totaling JPY 60.536 billion from SACE to finance green projects across India.
The green loan involves participation from banks across Asia, the USA, and Europe, with Crédit Agricole Corporate and Investment Bank, Bank of America, Citibank, KfW-Ipex Bank, and Sumitomo Mitsui Banking Corporation serving as mandated lead arrangers.
In April 2024, REC Limited and Chenab Valley Power Project Private Limited entered into an agreement to provide financial support through a term loan of Rs18.69 billion.
          ____________________________



* Fintech company Cred has launched a UPI-based ‘Scan and Pay’ service that enables members to use any QR code for payments directly from their bank accounts.
          ____________________________



* National Institute of Public Finance and Policy (NIPFP) projects the Indian economy growth rate of 7.1-7.4 percent in the current financial year (FY25).
          ____________________________



* Indian Farmers Fertiliser Cooperative Limited (IFFCO) signed a MoU with ACME Cleantech Solutions Private Limited (ACME), a pioneer in renewable energy for the purchase and supply of about 200,000 MT Ammonia made through the renewable energy route.
          ____________________________



* The sitars and tanpuras of Miraj, a small town in Maharashtra’s Sangli district have been awarded the coveted GI tags.
The GI tag denotes the product comes from a particular geographical area, and often enhances its commercial value.
          ____________________________



* Ministry of Statistics and Programme Implementation (MoSPI) has appointed A Ganesh Kumar and Debasis Kundu as members of the National Statistical Commission(NSC).
          ____________________________



* Pakistan's foreign minister Mohammad Ishaq Dar has been appointed deputy prime minister.
          ____________________________



* BRISKPE, has raised $5 million in a seed round from PayU.
          ____________________________



* India topped the medal tally with 8 medals - 5 gold, 2 silvers and 1 bronze at the 2024 Archery World Cup Stage-1 held in Shanghai, China from 23 April to 28 April 2024.
The Archery World Cup Stage -1 was organised by the World Archery in Shanghai, China, from 23 -28 April 2024.
It is the first of the four World Cup events to be organised by the World Archery in 2024.
          ____________________________



* BJP MP from Karnataka's Chamarajanagar and former Union minister V Sreenivasa Prasad passed away at the age of 76 in Bengaluru.
          ____________________________



* Every year, World Day for Safety and Health at Work is observed on 28 April.
          ____________________________



* International Dance Day is celebrated every year on 29 April.
          ____________________________



* The Ministry of Ports, Shipping and Waterways has given sanction to Adani’s Vizhinjam Port in Kerala to operate as a India's 1st transshipment port.
Approximately 75 percent of India’s transshipment cargo is currently processed at ports overseas, with destinations such as Colombo, Singapore, and Klang handling about 85 percent of this cargo.
The project aims to capture a portion of the Indian cargo market, which amounts to over a million containers transshipped annually through foreign ports like those in Colombo, Sri Lanka.
          ____________________________



* 1st United Nations (UN) Conference on 'Citizen Stack: Digital Public Infrastructure, Transformative Technology for Citizens' was held at UN headquarters in New York, United States under India's leadership.
Digital Public Infrastructure (DPI) is set up in India as a Public-Private Policy partnership that has become a benchmark for multiple nations, corporations & start-ups across the world.
Case studies showcased during the conference demonstrated how components of Citizen Stack are aiding countries like Ethiopia and the Philippines in tailoring DPI to their specific needs and achieving digital sovereignty.
          ____________________________



* RBI announced an 8 percent interest on Government of India Floating Rate Bond 2034 (GOI FRB 2034) for the half year 30 April 2024 to 29 October 2024.
The Government of India is issuing a special type of bond called a Floating Rate Bond (FRB) that matures in 2034.
FRBs have a maturity period of seven years.
          ____________________________



* The Indian economy could grow faster than 7% in this financial year 2024-2025, the National Council of Applied Economic Research (NCAER) projected in its monthly economic review.
          ____________________________



* THDCIL-UJVNL Energy Company Limited (TUECO) has signed a MoU with Nagar Nigam Haridwar to establish a Waste to Green Energy Plant, valued at Rs140 crores.
          ____________________________



* Forest and tribal rights activist Alok Shukla won the prestigious 35th Goldman Environmental Prize 2024 for successfully leading a community campaign in Chhattisgarh.
The Goldman Environmental Prize was founded by American couple Richard and Rhoda Goldman in 1989.
The first Goldman Environmental Prize was announced in 1990.
Till now, seven indian have been awarded the Goldman Environmental Prize
          ____________________________



* Indian-origin Teacher Gina Justus has been named regional winner for the Middle East and North Africa (MENA) at the 2024 Cambridge Dedicated Teacher Awards.
The Cambridge Dedicated Teacher Awards is a global competition.
It honors exceptional primary and secondary school teachers.
          ____________________________



* Professor Mohammad Rihan, from the Electrical Engineering Department at AMU, has assumed the role of Director General at the National Institute of Solar Energy (NISE).
          ____________________________



* Corporate Affairs Ministry (MCA) has given its nod for appointment of Hitesh Kumar Sethia as MD and CEO of Jio Financial Services Ltd for three years period from 15 November 2023.
          ____________________________



* ISRO has released 'Indian Space Situational Assessment Report (ISSAR) 2023' on vulnerability of space assets to collisions.
ISRO as the chair of the IADC for 2023-24 had hosted the 42nd annual IADC meet in April.
          ____________________________



* The 6th barge of the LSAM 16 (Yard 130) series, built by Suryadipta Projects Pvt Ltd (SPPL), was launched in Maharashtra's Thane.
          ____________________________



* International Jazz Day is annually observed on 30 April.
          ____________________________



* Ayushman Bharat Diwas is celebrated annually on 30 April in India to raise awareness of the objectives of the government's Ayushman Bharat Yojana.
          ____________________________



* Satellite Technology Day is annually observed on 19 April.
U R Rao Satellite Centre named after the former ISRO Chairman Dr. Udupi Ramachandra Rao.
          ____________________________



* Bhavi Mehta won the 9th edition of Oxford Bookstore Book Cover Prize 2024 for "The Book Beautiful".
          ____________________________



* According to the latest data released by the Reserve Bank of India (RBI), Credit card spends surged 27 percent year-on-year to Rs18.26 trillion in financial year 2023-24.
Among the top card players, use of HDFC Bank’s credit card was at Rs 43,471.29 crore in March, 8.57 percent higher than Rs 40,288.51 crore in February 2024.
Similarly, Axis Bank posted 8.05 percent growth in transactions to Rs 18,941.31 crore in March from Rs 17,528.97 crore in February 2024.
Meanwhile, spend on ICICI Bank's credit card rose 14.49 percent to Rs 30,733.11 crore in March from Rs 26,843.03 crore in February 2024.
          ____________________________



* The Reserve Bank of India has updated its “guidance note” on operational risk management for the financial sector, and also extended it to the non-banking financial companies (NBFCs), including housing finance companies.
          ____________________________



* RBI launched two surveys 'Inflation Expectations Survey of Households (IESH)' and 'Consumer Confidence Survey (CCS)' which will provide key inputs for the bi-monthly monetary policy.
          ____________________________



* YES Bank has partnered with Bengaluru-based financial services provider ANQ to launch 2 'Pi' and 'Phi' co-branded cards catering to Indian consumers.
          ____________________________



* Neobanking startup Fi, backed by investors such as Peak XV and Temasek, has secured a non-banking finance company (NBFC) licence from the Reserve Bank of India.
In recent years, fintech startups have pursued NBFC licences to streamline their entry into lending, given the RBI's stringent regulations on online credit disbursal.
          ____________________________



* NPCI International Payments Limited (NIPL) has signed an agreement with the Bank of Namibia (BoN) for developing an instant payment system like Unified Payment Interface (UPI) for the African nation.
In January 2024, NPCI announced the launch of the UPI-PayNow linkage that enables Indians to receive remittances directly into their bank accounts from Singapore and vice-versa.
          ____________________________



* Groww Pay, the UPI platform of brokerage firm Groww, has secured an online payment aggregator (PA) licence from RBI.
          ____________________________



* NHPC Limited has signed a Memorandum of Understanding with M/s Ocean Sun, a Norwegian company operating as a technology provider to the floating solar industry.
          ____________________________



* The Solomon Islands has elected former Foreign Minister Jeremiah Manele as its new prime minister.
Jeremiah Manele (born 1968) is a Solomon Island politician currently serving as Prime Minister following the 2024 Solomon Islands general election.
He is the first prime minister of the country to come from Isabel Province.
          ____________________________



* The Defence Research and Development Organisation (DRDO) successfully conducted a flight test of the Supersonic Missile Assisted Release of Torpedo (SMART) from Dr APJ Abdul Kalam Island, situated off the coast of Odisha.
          ____________________________



* Indian Chess Player Vaishali Rameshbabu has officially bestowed with title of GrandMaster(GM) by International Chess Federation(FIDE).
          ____________________________



* The Former Governor of RBI, Dr Duvvuri Subbarao unveiled his latest book, 'Just A Mercenary?: Notes from My Life and Career'.
          ____________________________



* World Immunization Week 2024 was observed from 24 to 30 April 2024.
WIW 2024 commemorated the 50th anniversary of the World Health Organization's (WHO) Essential Programme on Immunization (EPI).
In India, the government launched Mission Indradhanush in 2014 to promote universal vaccination.
          ____________________________



* Every year, 1st May is observed as International Workers' Day (Also known as International Labour Day).
          ____________________________



* A MoU was signed between the Ministry of Mines and Shakti Sustainable Energy Foundation, aimed at providing knowledge support in the field of critical minerals.
In June 2023, India identified 30 critical minerals taking into account its requirements for sectors like defence, agriculture, energy, pharmaceutical, and telecom and in line with its Atmanirbar roadmap.
          ____________________________



* The Army Dental Centre of Research & Referral (ADC R&R) celebrated 25 years of establishment on 1 May 2024.
          ____________________________



* The Competition Commission of India (CCI) has cleared Sanyo Special Steel’s acquisition of a 15.43% stake in Sanyo Special Steel Manufacturing India (SSMI) from Mitsui & Company Ltd.
          ____________________________



* The MoU was signed between RailTel Corporation of India Limited and Quadrant Future Tek Limited to delve into the implementation of Kavach projects in India and beyond.
Kavach was developed by the Research Design and Standards Organisation (RDSO) under Indian Railways in collaboration with three Indian vendors — Medha Servo Drives Pvt Ltd, HBL Power Systems Ltd, and Kernex Microsystems.
          ____________________________



* The Comptroller and Auditor General of India (CAG), Girish Chandra Murmu has signed a MoU with Toyam Raya, Auditor General of Nepal to enhance cooperation between the two institutions.
CAG is the supreme auditing institution in India while in Nepal Auditor General of Nepal is the supreme auditing institution.
          ____________________________



* SEBI has approved amendments to its mutual fund regulations aimed at establishing an institutional mechanism to curb front-running and fraudulent transactions.
In February 2023, Sebi restrained the former chief dealer of Axis Mutual Fund, Viresh Joshi, and 20 other individuals from accessing the securities markets in a case of alleged front-running of the trades of Axis Mutual Fund.
          ____________________________



* Moody's Analytics has projected a 6.1% expansion for India's economy in 2024, a slight decrease from the 7.7% growth recorded in 2023.
          ____________________________



* Vietnam’s Vice President Vo Thi Anh Xuan was appointed interim president of Vietnam on 21st March 2024.
          ____________________________



* As per ADB' report titled 'Aging Well In Asia', India having the lowest health insurance coverage among older people at 21 percent.
The number of people aged 60 and older in developing Asia and the Pacific is set to nearly double by 2050 to 1.2 billion.
          ____________________________



* SEBI has made it compulsory for Portfolio Management Services (PMS) providers to register with the Association of Portfolio Managers in India (APMI).
Currently, persons engaged by a portfolio manager to act as a distributor of the PMS are required to obtain certification from the National Institute of Securities Markets (NISM).
          ____________________________



* The Organisation for Economic Co-operation and Development (OECD), in its latest report, “Economic Outlook,” released, has raised its economic growth rate forecast for the Indian economy for 2024-25 to 6.6%.
Recently International Monetary Fund raised the expected growth rate of the Indian economy in 2024-25 to 6.8%
          ____________________________



* Dr Purnima Devi Barman, a wildlife biologist from Assam, has won Whitley Gold Award 2024, also known as the Green Oscar.
The Hargila bird has a wingspan of 2.4 metres and can reach a height of 1.2 meters.
Whitley Fund for Nature is a charity registered in the United Kingdom. It was established in 1993.
The first Indians to get the Whitley Gold Award were Archana Godbole and Brad Norman in 2007.
          ____________________________



* The Appointment committee of Cabinet has approved the appointment of Sanjaya Kumar Mishra, former Chief Justice, Jharkhand High Court as President GST Appellate Tribunal (GSTAT) for 4 years.
GSTAT will have one Principal Bench located at Delhi and 31 State benches located at various locations across States.
          ____________________________



* China launched its lunar probe, "Chang'e-6", with the objective of collecting samples from the far side of the moon.
          ____________________________



* India will host the Badminton World Federation (BWF) World Junior Championships 2025 at the National Centre of Excellence in Guwahati.
          ____________________________



* World Tuna Day is marked every year on 2 May to light about the importance of tuna conservation.
          ____________________________



* On 1st May 2024, Vice-Admiral Krishna Swaminathan took charge as Vice-Chief of Naval Staff.
          ____________________________



* World Press Freedom Day is observed annually on 3 May to highlights the fundamental principles of press freedom.
On 3rd May 2024, 31st World Press Freedom Day Conference was held in Santiago by the Chile government and UNESCO.
          ____________________________



* India’s first indigenous bomber UAV aircraft- FWD-200B developed by Flying Wedge Defence, one of the pioneers in India’s defence and aerospace technology sector, was unveiled.
The FWD-200B has a payload capacity of 100 kgs and is classified as a MALE Unmanned Combat Aerial Vehicle (medium-altitude, long-endurance).
          ____________________________



* Fship Logistics has partnered with India Post to enhance last-mile delivery services for e-commerce products of Direct-to-Consumer (D2C) startups, small and medium businesses (SMBs), and MSMEs across India.
          ____________________________



* The Indigenous Technologies of Thermal camera, designed and developed by CDAC Thiruvananthapuram under InTranSE Program of MeitY, was transferred to M/s Aditya Infotech (CP Plus).
Under InTRanSE program of R& D group, MeitY, technologies/product/solution developed for Traffic control, Public Transit, Road Safety, Sensors for traffic Applications etc. have been compiled in a booklet form which was launched for awareness creation.
          ____________________________



* Indian Farmers Fertilizer Cooperative Limited (IFFCO) has received approval of nano zinc liquid and nano copper liquid by the Fertilizer Control Order (FCO).
The fertilizer cooperative- IFFCO’s new innovation IFFCO Nano Zinc (Liquid) and IFFCO Nano Copper (Liquid) has been notified by Government of India for a period of 3 years.
          ____________________________



* The Reserve Bank of India (RBI) revised the guidelines for custodian banks to issue Irrevocable Payment Commitments (IPCs) in light of the T+1 settlement regime for stocks.
T+1 Trade Settlement means trade-related settlements happen within a day, or within 24 hours of the actual transaction.
T+2 Trade Settlement: In this, Indian stock exchanges are settled in two working days after the transaction is done (T+2).
T+0 Trade Settlement: This would mean settlements on the same day (within an hour) and instant settlement would ensure trades are settled immediately.
          ____________________________



* SEBI has introduced a new framework for stock exchanges to become supervisory bodies to regulate research analysts (RAs) and investment advisors (IAs).
SEBI will be monitoring these bodies through periodical reports and inspection regarding administration and supervision of RAs and IAs.
This circular will effective from 25 July 2024.
          ____________________________



* Asian Development Bank (ADB) have agreed to a replenishment of $5 billion for ADB’s Asian Development Fund (ADF) 14 and Technical Assistance Special Fund (TASF) 8.
The ADF is ADB’s largest source of grants for operations in its poorest and most vulnerable developing member countries and is replenished every 4 years.
ADF 14—marking the 13th replenishment since the fund’s establishment—will support grant operations during 2025­­­–2028.
          ____________________________



* Reserve Bank of India (RBI) has approved the reappointment of Atanu Chakraborty as the part-time chairman of HDFC Bank for a period of three years effective from 5 May 2024 to 4 May 2027.
          ____________________________



* RBI has approved the appointment of Sanjeev Nautiyal as the managing director (MD) & chief executive officer (CEO) of the Ujjivan Small Finance Bank for the period of 3 years with effect from 1 July 2024.
          ____________________________



* Mallika Nadda, President of Special Olympics Bharat, has been appointed as Chairperson of the Special Olympics Asia Pacific Advisory Council (APAC), for 3 years from 1 May 2024 until 31 March 2027.
          ____________________________



* Former Chief General Manager of Small Industries Development Bank of India (SIDBI) Dr Subhransu Sekhar Acharya has taken over the charge of Chairman- cum- Managing Director (CMD) of The National Small Industries Corporation (NSIC) under the MSME Ministry.
          ____________________________



* German company HyImpulse successfully launched a candle wax-powered rocket "SR75" capable of carrying commercial satellites on a test suborbital flight into space for the first time.
Hyimpulse aims to expand as demand for commercial satellites grows, and to achieve annual sales worth 700 million euros by 2032.
          ____________________________



* International Firefighters' Day is observed every year on 4 May to honouring the brave firefighters who risk their lives daily to safeguard communities and the environment.
          ____________________________



* International Leopard Day is celebrated annually on 3 May to raising awareness about leopards and their protection and conservation.
Leopards can run at up to 58km/h. They can leap 6m forward through the air.
          ____________________________



* Mindgrove Technologies, incubated by IIT Madras Pravartak Technologies Foundation and IIT Madras Incubation Cell, and supported by Peak XV Partners, has launched Secure IoT, India’s first Commercial system on chip (SoC).
          ____________________________



* India's 1st Constitution Park, jointly developed by Indian Army and Punit Balan Group, was inaugurated in Pune.
          ____________________________



* REC Ltd has received the RBI's approval to set up a subsidiary in IFSC, GIFT City, Gujarat.
          ____________________________



* India ranked 159 among 180 countries in 22nd edition of the World Press Freedom Index released by Reporters Without Borders (RSF, short for Reporters sans frontières in French).
India had ranked 161 in the 2023 list.
          ____________________________



* The Reserve Bank of India allowed standalone primary dealers (SPDs) to borrow in foreign currency from their parent companies and other authorised entities.
A master direction on the functioning of the standalone primary dealers was issued by the RBI in 2016.
          ____________________________



* IFSCA has allowed IFSCA-registered non-bank entities, registered with SEBI as Foreign Portfolio Investors (FPIs), to issue Derivative Instruments with Indian securities as underlying, in GIFT-IFSC.
          ____________________________



* Former Minister José Raúl Mulino elected as new president of the Republic of Panama.
          ____________________________



* Paytm Money has appointed Rakesh Singh as the new CEO after Varun Sridhar resigned from the role.
          ____________________________



* Carlyle Group divested nearly a 2 percent stake in Yes Bank for Rs1,441 crore through an open market transaction.
In February 2024, global investment firm Carlyle Group pared a 1.3 percent stake in private sector lender Yes Bank for Rs1,057 crore.
          ____________________________



* The Indian Air Force (IAF) received delivery of the second of the 56 C295 aircraft, which are set to replace its ageing Avro-748 fleet.
          ____________________________



* China winning the men’s and women’s titles at the 2024 BWF Thomas & Uber Cup Finals in Chengdu, China.
The Indian team won the Thomas Cup held in Bangkok, Thailand, in 2022.
16 teams participated in the Thomas Cup, including India.
          ____________________________



* World Laughter Day 2024 was celebrated on 5 May.
          ____________________________



* The International Day of the Midwife is annually celebrated on 5 May.
          ____________________________



* World Hand Hygiene Day is observed on 5 May every year.
          ____________________________



* Lando Norris of McLaren won his first-ever Grand Prix victory at the Miami Grand Prix 2024.
          ____________________________



* Secretary (Telecom), Dr Neeraj Mittal, virtually launched "Experimental Licence module for 100 5G Labs" during a 5G workshop at IIT Madras.
          ____________________________



* The Centre has approved renaming 8 Amethi railway stations in Uttar Pradesh.
          ____________________________



* Nepal set to introduce a new Rs100 currency note with a map that shows the controversial territories of Lipulekh, Limpiyadhura and Kalapani.
Nepal shares a border of over 1,850 km with five Indian states - Sikkim, West Bengal, Bihar, Uttar Pradesh and Uttarakhand.
          ____________________________



* ADB and Citi have partnered to sign a master risk participation agreement (MRPA) to enhance access to supply chain financing for small and medium-sized enterprises (SMEs).
ADB and Citi have been collaborating on trade finance since 2009, facilitating $6.2 billion worth of trade.
          ____________________________



* India and Ghana have agreed to “expeditiously” operationalise the unified payments interface (UPI) on Ghana interbank payment and settlement systems (GHIPSS) in the next 6 months.
A seven-member delegation from India led by Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, Shri Amardeep Singh Bhatia held a Joint Trade Committee (JTC) meeting.
The deliberations of the 4th Session of India-Ghana JTC were cordial and forward-looking, indicative of the amicable and special relations between the two countries.
          ____________________________



* Mirae Asset Mutual Fund (AMF) launched Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF, an open-ended scheme replicating and tracking the Nifty MidSmallcap400 Momentum Quality 100 Total Return index.
The Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF fund of funds will open for subscription on 10 May 2024, and close on 24 May 2024.
Both schemes, the Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF and the Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FOF, will be available at a minimum investment of Rs 5,000 (subsequent investments in multiples of Re 1 thereof).
          ____________________________



* India Ratings and Research (Ind-Ra) revised upward the country's GDP growth estimate for FY25 to 7.1 percent from 6.5 percent earlier.
          ____________________________



* Tata Steel Special Economic Zone Limited (TSSEZL) and Hygenco signed a MoU to establish a green hydrogen and green ammonia project at TSSEZL's Gopalpur Industrial Park in Odisha.
          ____________________________



* UNICEF India appointed Bollywood Actress Kareena Kapoor Khan as its new National Ambassador.
These youth advocates are part of Unicef's global programme and join a cohort of more than 93 youth advocates.
          ____________________________



* The Indian Space Research Organisation (ISRO) has successfully conducted the first ignition trial of a semi-cryogenic pre-burner at its ISRO Propulsion Complex (IPRC) in Mahendragiri, Tamil Nadu.
Additionally, the development of a semi-cryogenic stage with a propellant loading of 120 tons is also underway.
          ____________________________



* The Indian Army and the Indian Air Force are planning to jointly deploy MQ-9B Predator drones at air bases in Sarsawa and Gorakhpur in Uttar Pradesh.
          ____________________________



* Frank Anderson Shrontz, the former chief executive officer and chairman of planemaker Boeing, has passed away.
          ____________________________



* World Portuguese Language Day is annually observed across the globe on 5 May to raise awareness of the Portuguese language.
          ____________________________



* 5th May 2024 marked the observance of the 9th edition of African World Heritage Day.
The African World Heritage Regional Youth Forum took place at the Robben Island World Heritage Site in Cape Town from 28 April to 4 May 2016.
          ____________________________



* International No Diet Day is celebrated worldwide on 6 May to promote body acceptance, embracing diversity and regarding all body shapes and sizes.
          ____________________________



* World Cartoonist Day, observed annually on 5 May to dedicated to celebrating the remarkable contributions of cartoonists across the globe.
          ____________________________



* Secretary, Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Dr Arunish Chawla, has launched the Meditech Stackathon 2024 in collaboration with Confederation of Indian Industry (CII).
India is the 4th largest market for medical devices in Asia and among the top 20 globally.
Net imports for 2022-23 stands at USD 4101 Million with import coverage ratio of 0.45.
          ____________________________



* Indian Army's Kharga Corps, under the aegis of Army's Western Command, successfully conducted a three-day joint exercise 'Gagan Strike-II' with the IAF at multiple locations in Punjab.
          ____________________________



* Infosys has been certified with ISO 42001:2023, world’s first international standard on AI management systems, by TUV India (part of TUV Nord Group).
          ____________________________



* According to Henley & Partners’ World’s Weathiest Cities Report 2024, New York City is the wealthiest city in the world.
          ____________________________



* joint exercise is conducting by Army and IAF at multiple locations in Punjab : 'Gagan Strike'
          ____________________________



* As per International Organisation for Migration (IOM)' World Migration Report 2024, India received over USD 111 billion in 2022.
In Report 2024, launched, the IOM revealed that India was the top recipient of remittances in 2022, with Mexico, China, the Philippines, and France rounding out the top five.
In 2010, India received USD 53.48 billion in remittances, which grew to USD 68.91 billion in 2015, USD 83.15 billion in 2020, and ultimately USD 111.22 billion in 2022.
          ____________________________



* Canara HSBC Life Insurance introduced 'Promise4Growth', a new Unit Linked Insurance Plan (ULIP) designed for customers embarking on a journey towards financial prosperity and security.
          ____________________________



* Infosys Receives ISO 42001:2023 Certification for Artificial Intelligence Management System
          ____________________________



* India breaks record with over $111 billion in remittances in 2022.
          ____________________________



* SNP leader John Swinney has been sworn in as the 7th first minister of Scotland.
          ____________________________



* Fintech firm Pine Labs-owned Setu unveiled 'Sesame' India's first large language model (LLM), specifically designed for the BFSI sector.
          ____________________________



* Financial Planning Standards Board (FPSB) India has signed a pact with the International Financial Services Centres Authority (IFSCA), GIFT City, Gandhinagar, to promote GIFT IFSC as a 'Global Finance Hub'.
          ____________________________



* The nonprofit news organization ProPublica received the Pulitzer Prize for Public Service journalism.
The annual Pulitzers, first presented in 1917, are the most prestigious honors in US journalism.
The Pulitzer Award is considered the most prestigious prize in the field of Journalism.
The Pulitzer Prize was instituted by Joseph Pulitzer.
          ____________________________



* Anandana, The Coca-Cola India Foundation, announces its first ever partnership with Hockey India, for the National Women's Hockey League 2024-25.
          ____________________________



* World Asthma Day 2024 was observed on 7th May 2024.
          ____________________________



* The Border Roads Organisation (BRO) celebrated its 65th Raising Day on 7 May 2024, with an event held in New Delhi.
          ____________________________



* Every year, World Athletics Day is observed on 7 May to honour the athletes.
          ____________________________



* Renowned Urdu litterateur and academician, Shaikh Abdussalam Abdurrazzaq, famous by his pseudonym Salam Bin Razzaq, passed away at his residence in Navi Mumbai.
          ____________________________



* The Delhi Electricity Regulatory Commission (DERC) has granted regulatory approval to India’s first commercial standalone battery energy storage system (BESS) project.
GEAPP is targeting 1 GW of BESS commitments in India by 2026, in line with India’s ambitious goal of deploying 47 GW of BESS by 2032.
          ____________________________



* Indian Coast Guard (ICG) and Jindal Steel & Power (JSP) signed a MoU in New Delhi for the supply of indigenous marine grade steel to enhance the indigenous content in shipbuilding.
          ____________________________



* Springer Nature has signed a landmark transformative agreement (TA) with the Department of Atomic Energy (DAE), India.
TAs enable participating institutions to combine journal subscription (read) access along with open access (OA) publication costs (APCs).
          ____________________________



* Swiss company Climeworks has opened the biggest operational direct air capture (DAC + S) plant 'Mammoth' in Iceland.
          ____________________________



* Yes Bank has partnered with Ebanx, to set up a cross-border merchant payment infrastructure in India.
          ____________________________



* The National Payments Corporation of India (NPCI) has issued guidelines that put the onus of verifying merchant details on acquiring banks for BHIM Aadhaar Pay.
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* India has contributed $500,000 to the U.N Counter-Terrorism Trust Fund, underscoring its unwavering commitment to support multilateral efforts in the global fight against the scourge of terrorism.
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* The Securities Exchange Board of India (SEBI) has released a draft circular which carries the reporting format for investment advisors.
Investment advisors will submit periodic reports for half yearly periods ending on September 30 and March 31, 2024 of every financial year.
For the half-yearly period ending on March 31, 2024, IAs will submit the periodic report within 15 days from the date of issuance of circular by IAASB.
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* South Indian Bank has signed a MoU with Northern Arc Capital to explore and maximise business opportunities through combined efforts in the areas of loan origination, underwriting, disbursement, collection, and reconciliation processes.
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* Google launched the 'Google Wallet' app in India, for Android users in India, allowing users to securely store cards, tickets, passes, keys and IDs.
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* A new species of marine tardigrade discovered from the southeast coast of Tamil Nadu has been named Batillipes chandrayaani after the Chandrayaan-3 moon mission by researchers at the Cochin University of Science and Technology (Cusat).
The Indian Space Research Organisation (ISRO) is credited with the first landing near the south pole of the moon.
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* The newly identified 'green lynx spider' spider species, found in Rajasthan’s Tal Chhapar Wildlife Sanctuary, has been named Peucetia chhaparajnirvin.
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* Indian boxers secure 43 medals at the ASBC Asian U-22 & Youth Boxing Championships 2024.
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* Every year, 8 May is observed as World Red Cross and Red Crescent Day.
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* World Thalassaemia Day is observed on May 8 to raise awareness around the genetic disorder, and support those who have it.
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* GalaxEye, a space-tech startup has signed an MoU with the Indian National Space Promotion and Authorisation Centre (IN-SPACe), an autonomous agency under the Department of Space.
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* The Department of Telecommunications (DoT) organised "Telecom Design Collaboration Sprint", first-of-its-kind initiative, at IIIT, Bangalore.
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* The International Day for Street Children is annually observed on 12 April.
According to recent statistics, up to 150 million children around the world live on the street.
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* DoT organises Telecom Design Collaboration Sprint to drive deep-tech innovation in telecom sector.
It was the first-of-its-kind initiative by DoT to foster deep-tech innovation among startups and academic institutions in the telecommunications sector. The goal is to drive growth of the digital ecosystem by facilitating collaboration and innovation among various stakeholders like startups, MSMEs, and academic institutes.
The event was held in Bangalore and brought together 15 leading entities including startups, MSMEs, IIT Madras, C-DOT (Centre for Development of Telematics), and IIT Delhi.
By enabling this cross-pollination of ideas and expertise across industry and academia, DoT aims to spur development of cutting-edge telecommunications technologies and solutions.
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* The UAE-India CEPA Council (UICC) has inked an agreement with Indian Chamber of Commerce (ICC) to promote trade between the two countries.
Over the fiscal year from April 2022 to March 2023, bilateral trade surged from $72.9 billion to $84.5 billion, marking an impressive expansion of almost 16 percent.
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* The Reserve Bank of India (RBI) lifted the restriction on Bank of Baroda (BoB)'s mobile banking application ‘BoB World’ with immediate effect.
The RBI action on Bank of Baroda came after it found certain material supervisory concerns observed in the manner of onboarding of their customers through bob World.
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* SEBI has given approval to CARE Ratings Ltd's subsidiary CARE ESG Ratings to provide environmental, social, and governance (ESG) ratings.
In 2023, SEBI amended its regulations pertaining to credit rating agencies, whereby ERPs can be allowed to register with the regulator under the CRA (Credit Rating Agencies) norms.
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* In Russia, President Vladimir Putin proposed the reappointment of Mikhail Mishustin as the Prime Minister of Russia.
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* Rizwan Koita, Director of Koita Foundation and co-founder of CitiusTech, has been appointed as the chairperson of the National Accreditation Board for Hospitals and Healthcare Providers (NABH).
NABH is a constituent board of the Quality Council of India (QCI) that is responsible for setting benchmarks for quality, accrediting and certifying hospitals and other healthcare organisations.
NABH, as an organisation, has been accredited by the International Society for Quality in Health Care (lSQua) and is also its Institutional Member.
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* The board of directors of Piramal Enterprises, a diversified non-bank finance company (NBFC), has given approval for its merger with its wholly owned subsidiary, Piramal Capital & Housing Finance (PCHFL), which will be renamed Piramal Finance following the merger.
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* UAE-India CEPA Council inks MoU with Indian Chamber of Commerce
UAE-India CEPA Council and Indian Chamber of Commerce signed MoU: To promote trade between UAE and India, To increase awareness about potential of bilateral economic partnership, To highlight opportunities for companies under the India-UAE free trade agreement.
Collaboration Areas: Dialogue and information sharing .Developing avenues for member awareness. Exploring joint events. Facilitating member interactions.
Trade pact between UAE and India came into force in May 2022 .MoU aims to leverage the free trade agreement for boosting trade.
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* Kadet Defence Systems (KDS) has launched India’s first Loitering Aerial Munitions (LAM) for the Indian Armed Forces.
Kadet plans to scale up production to deliver approximately 5,000 systems within the next 2–3 years to meet the soaring demand.
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* NASA's James Webb Space Telescope (JWST) has detected atmospheric gases surrounding 55 Cancri e, a hot rocky exoplanet 41 light-years from Earth.
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* Researchers at the ICAR-Central Marine Fisheries Research Institute (CMFRI) have identified two new species of needlefish named as 'Ablennes joseberchmansis' and 'Ablennes gracalii' from Indian waters.
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* Mumbai City FC defeated Mohun Bagan Super Giant with a score of 3-1 at 10th edition of the Indian Super League 2023-24 final in Kolkata.
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* Moosa Raza, former Chief Secretary of Jammu and Kashmir and chairman of Southern Indian Education Trust (SIET), died in Chennai.
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* IIFL Securities appoints Nemkumar as managing director.
Leadership Change: IIFL Securities Ltd appoints Nemkumar H as Managing Director, replacing R Venkataraman.
Term Duration: Nemkumar H's appointment is for a five-year term, effective from May 15, 2024.
Regulatory Approval Required: The appointment is subject to necessary regulatory and shareholders' approval, as per the company's regulatory filing.
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* Every year 8 May and 9 May, the United Nations marks the Time of Remembrance and reconciliation for those who lost their lives during the Second World War.
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* International Day of Argania is celebrated every year on 10 May.
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* LANDMARK ACHIEVEMENT: DMSRDE DEVELOPS RAMJET FUEL FOR ADVANCED AIR-BREATHING ENGINE.
DRDO's DMSRDE develops liquid Ramjet fuel for advanced air-breathing engines.
Successful testing of the fuel conducted at the Ramjet Testbed at DRDL.
Industry partners BPCL and Mineral Oil Corporation collaborate in this landmark achievement.
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* China largest trading partner of India in FY24 with $118.4 bn; US second with $118.3 bn
China has emerged as the largest trading partner of India with $118.4 billion two-way commerce in 2023-24, edging past the US.
India's exports to China rose by 8.7% to $16.67 billion in the last fiscal year
Key sectors that saw healthy export growth to China include iron ore, cotton textiles, handloom, spices, fruits & vegetables, and plastics.
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* Nasa-JAXA XRISM mission discovers iron fingerprints in active galaxy NGC 4151.
XRISM mission, a collaboration between NASA and JAXA, detects iron in NGC 4151.
Resolve instrument aboard XRISM captures crucial data from the galaxy's core.
Spectral analysis unveils distinct iron signatures, suggesting energetic interactions beyond visible spectrum.
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* ISRO Chief Somanath unveils Zero Emission initiative of SFO Technologies.
ISRO Chief S. Somanath unveils the Zero Emission initiative of SFO Technologies.
The initiative aims to reduce carbon emissions and promote eco-friendly practices.
SFO Technologies plans to implement energy-efficient technologies and invest in renewable energy solutions as part of the initiative.
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* Ministry of Skill Development & Entrepreneurship Partners with Mahindra & Mahindra for Drone Didi Yojana Pilot Projects.
Partnership for Empowerment: Ministry of Skill Development & Entrepreneurship teams up with Mahindra & Mahindra to train 15,000 women in drone operation under the Drone Didi Yojan
Pilot Projects Details: Two exclusive Pilot Projects will skill 500 women in drone operation at NSTI centers in Hyderabad and Noida, with a 15-day curriculum approved by DGCA.
Infrastructure and Support: Mahindra Group provides equipment and covers operational costs, while NSTIs offer infrastructure and mobilize participation, marking a pioneering convergence of women, farming, and technology.
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* ICG signs MoU with Hindalco for manufacturing & supply of indigenous marine-grade aluminum for construction of ships.
Partnership for Maritime Strength: Indian Coast Guard collaborates with Hindalco Industries for indigenous marine-grade aluminum supply to shipyards, enhancing ship construction for both public and private sectors.
Strategic Benefits: MoU offers quarterly pricing, priority in supplies, and turnover discounts, ensuring efficient procurement and cost-effectiveness in shipbuilding.
Coastal Security Enhancement: With 67 ships already operational, ICG plans to induct more vessels with aluminum hulls for shallow water operations, bolstering coastal security measures.
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* New guidance aims to reduce bloodstream infections from catheter use - WHO.
WHO issues global guidelines to prevent infections from catheter use, targeting bloodstream and other complications.
Poor catheter practices pose risks like sepsis and organ complications, affecting up to 70% of hospitalized patients.
Guidelines stress education, aseptic techniques, and proper catheter management for healthcare workers to mitigate infections and reduce mortality rates.
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* ISRO Successfully Tests New Liquid Rocket Engine AM PS4 In Tamil Nadu.
ISRO successfully tests new liquid rocket engine using Additive Manufacturing technology.
Redesigned PS4 engine reduces parts from 14 to a single piece, eliminating 19 weld joints.
Collaboration with private partner Wipro 3D for hot testing marks a milestone in India's space program's advanced manufacturing techniques.
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* Padma awardee Punjabi poet Patar passes away in Ludhiana at 79 .
Dr. Surjit Patar, a renowned poet and recipient of the Padma Shri award, passed away peacefully at the age of 79.
Patar's notable poetic works include 'Hawa Vich Likhe Harf', 'Hanere Vich Sulagdi Varanmala', and 'Patjhar Di Pazeb'.
He was honored with prestigious literary awards such as the Sahitya Akademi Award, Panchnad Puruskar, and Saraswati Samman for his contributions to Punjabi literature.
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* Dilip Sanghani Re-Elected As IFFCO Chairperson For Second Consecutive Term; Balvir Singh Retains Position Of Vice Chairman.
Dilip Sanghani secures second consecutive term as chairman of IFFCO amid internal party conflict.
BJP MLA Jayesh Radadiya wins election for Director of IFFCO, defeating party's designated candidate.
Sanghani appointed chairman and Balwinder Singh as vice-chairman unanimously by 21 directors during recent board meeting.
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* National Technology Day 11 May,2024: On this day, India successfully tested nuclear bombs in Pokhran.
India conducted the first test flight of the indigenous aircraft "Hansa-3" in Bangalore on May 11, 1998.
On the same day, India successfully test-fired the Trishul missile.
Operation Shakti (Pokhran-II) was initiated on May 11, 1998, marking India's entry into the nuclear club with five detonations, including one fusion bomb and four fission bombs.
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* Varugeese Koshy, chess International Master and renowned trainer, dies.
Varugeese Koshy, renowned chess player and trainer, passes away at 66.
Known for his hyper-modern approach to chess, Koshy was India's number two in the early nineties.
Koshy's biggest contribution was as a mentor and trainer, having coached players like Abhijeet Gupta.
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* HDFC Bank, Atal Innovation Mission empower social sector startups with Rs 19.6 crore grants.
HDFC Bank supported social sector startups in India with grants worth Rs 19.6 crore in FY24.
170 social startups received funding through 41 incubators under the 'Parivartan Start-up Grants programme.'
Focus areas for the grants included climate innovation, financial inclusion, agriculture, healthcare, education, and gender diversity.
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* Bank of India Signs MOU with Indian Coast Guard for BOI Rakshak Package.
Bank of India strengthens its commitment to the Defence Sector by signing an MOU with the Indian Coast Guard.
The "BOI Rakshak Salary/ Pension Savings Scheme" offers best-in-class features to Indian Coast Guard personnel, veterans, recruits, and Agniveers.
Benefits include personal accidental insurance coverage, disability cover, air accidental cover, and concessions in retail loans and processing charges.
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* 7th INDIA- FRANCE JOINT MILITARY EXERCISE SHAKTI COMMENCES IN MEGHALAYA.
Bilateral Collaboration: India-France Joint Military Exercise SHAKTI fosters bilateral collaboration between the two nations, focusing on enhancing joint military capabilities.
Multi-Domain Operations: The exercise aims to hone the skills required for multi-domain operations, particularly in Sub Conventional scenarios, aligning with Chapter VII of the United Nations Mandate.
Strategic Significance: Taking place alternatively in India and France, Exercise SHAKTI underscores the strategic significance of defense cooperation between the two countries in tackling contemporary security challenges.
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* India highlights Forest Conservation and Sustainable Forest Management initiatives at the 19th Session of the United Nations Forum on Forests.
India ranks third globally in average annual forest area gain between 2010 and 2020.
India boasts over a thousand protected areas, emphasizing its commitment to biodiversity and wildlife conservation.
Initiatives like the International Big Cat Alliance showcase India's dedication to global species conservation efforts.
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* India, Iran to sign 10-year agreement for operations at Chabahar port.
Renewal: Initial pact signed in 2016 renewed annually, now replaced by a 10-year agreement.
Strategic: Agreement for India's operations at Chabahar port, crucial for regional connectivity.
Resolution: Overcame differences, particularly on arbitration clause, after three years of negotiation.
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* Ramcharitmanas, Panchatantra, and Sahṛdayāloka-Locana enter ‘UNESCO's Memory of the World Asia-Pacific Regional Register’.
India celebrates as 'Ramcharitmanas', 'Panchatantra', and 'Sahṛdayaloka-Locana' make it to UNESCO's Memory of the World Asia-Pacific Regional Register, affirming India's literary richness.
Recognition underscores the global significance of India's cultural legacy and emphasizes the need for preserving diverse narratives and artistic expressions.
Authored by Acharya Anandvardhan, Pt. Vishnu Sharma, and Goswami Tulsidas, these timeless masterpieces continue to inspire and shape both Indian and global literature and culture.
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* Despite two decades of concerted action, wildlife trafficking persists worldwide with more than 4,000 species affected, says new UNODC World Wildlife Crime Report.
UNODC's World Wildlife Crime Report shows limited progress in curbing wildlife trafficking over two decades.
More enforcement, anti-corruption measures, and research are needed to address the global wildlife trade.
Wildlife trafficking affects over 4,000 species across 162 countries, including lesser-known species leading to local or global extinctions.
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* SBI becomes the first bank to be a trading-cum-clearing member of India International Bullion Exchange at the GIFT City in Gujarat.
SBI becomes the first bank to join India International Bullion Exchange at GIFT City.
SBI's IBU Gift City branch can now conduct trades on IIBX and settle them for clients.
RBI permits Indian bank branches in GIFT IFSC to act as trading-cum-clearing members of IIBX.
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* India's first multi-asset allocation mutual fund with dividend yield strategy launched :Bajaj Finserv Multi Asset Allocation Fund.
NFO open until May 27, subscription available until June 6, 2024.
Dividend dependent on declaration, no future assurance.
Diversified portfolio including equities, fixed income, commodities, REITs/InvITs.
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* Hyderabad based Greenko firm inks Ammonia Supply pact with Norwegian co Yara.
Greenko, based in Hyderabad, has partnered with Yara Clean Ammonia, the world's largest ammonia trader, for the supply of renewable ammonia.
Greenko's ammonia production arm, AM Green (formerly Greenko ZeroC), will supply green ammonia from its Phase 1 production facility in Kakinada, India.
The agreement includes the long-term supply of up to 50% of renewable ammonia from Greenko's Kakinada facility, which will produce and export renewable ammonia derived from carbon-free energy by 2027.
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* IAF conducted 'Bambi Bucket' Operation to douse Nainital forest fire.
Deployment: The Indian Air Force's MI 17 V5 helicopter was deployed on April 27 to assist in extinguishing forest fires in Nainital district, Uttarakhand.
Utilization of Bambi Bucket: The helicopter utilized a "Bambi Bucket," a specialized aerial firefighting tool, to collect water from Bhimtal lake and pour it over the burning forests.
Functionality of Bambi Bucket: The Bambi Bucket, in use since the 1980s, is a lightweight collapsible container equipped with a pilot-controlled valve, allowing precise release of water from underneath the helicopter to targeted areas of the fire.
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* India’s Star Javelin Thrower Neeraj Chopra Seals Second-Place Finish In Doha Diamond League 2024.
Neeraj Chopra secured second place in the Doha Diamond League with a throw of 88.36 meters.
Chopra narrowly missed the event's top spot by just 2 centimeters, trailing behind Jakub Vadlejch.
Kishore Jena, another Asian Games medallist, was eliminated midway after a throw of 76.31 meters.
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* IRDAI approves Hinduja’s acquisition of Reliance Capital's insurance businesses.
IRDAI approves Hinduja Group's acquisition of Reliance Capital's insurance businesses.
Acquisition conditional on shares not being pledged without regulator's approval.
Hinduja Group aims to finalize transaction by May 27, pending RBI and CCI approvals.
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* Padma Shri awardee Birubala Rabha,an activist who campaigned against witch hunting, dies.
Birubala Rabha, a social activist from Assam, passed away in Guwahati after battling cancer.
She was honored with the Padma Shri award by the central government in 2021 for her activism against witch hunting in the state.
Rabha was nominated for the Nobel Peace Prize in 2005, recognizing her significant contributions to social justice and human rights advocacy.
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* International Day of Plant Health - MAY 12TH, 2024
Biosecurity Risks in Trade: With millions of containers moving globally each year, there's a substantial risk of spreading invasive pests through plant products and wood packaging materials.
Economic Impact: Invasive pest species cause about USD 220 billion in annual global economic losses, underscoring the urgency of safeguarding plant health in international trade.
Call to Action: The International Day of Plant Health 2024 urges global awareness and collaborative efforts to ensure plant health, food safety, and sustainable economies through initiatives like electronic phytosanitary certification (ePhyto) and adherence to international standards.
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* Government hosts 'Run for Sun' Marathon in New Delhi to celebrate International Sun Day. All-India Intra-School Solar Art Competition Solart to be held.
International Sun Day Commemoration: The Government of India marked International Sun Day on May 3, 2024, highlighting the importance of solar energy in fostering a greener and healthier planet.
'Run for Sun' Marathon: The Ministry of New and Renewable Energy organized a 'Run for Sun' Marathon at Jawaharlal Nehru Stadium, New Delhi, featuring 3 km and 5 km races. The event aimed to raise awareness about the critical role of solar power in combating climate change.
Solart Competition: The Ministry announced Solart, an All-India Intra-School Solar Art Competition, to engage and educate school students about solar energy through artistic expression. Winners will be awarded commendation certificates by the Ministry of New & Renewable Energy.
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* Mazagon Dock Shipbuilders Ltd celebrates 250th Foundation Day.
Indigenous Midget Submarine Prototype: MDL unveiled a prototype of an indigenous midget submarine, showcasing India's naval technology advancements.
Sustainable Transportation Commissioned: MDL commissioned a Solar Electric Hybrid boat and a Fuel Cell Electric Ferry, highlighting India's commitment to eco-friendly transport solutions.
Emphasis on Self-Reliance and Collaboration: Defence Secretary Giridhar Aramane urged MDL to strengthen shipbuilding capabilities through collaboration with the private sector, emphasizing self-reliance and regional importance.
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* A biography chronicling the personal and political journey of Goa’s former chief minister Pratapsingh Rane titled "Maker of Modern Goa – the untold story of Pratapsingh Rane", was released.
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* Renowned author Sam Pitroda has written a new book titled ‘The Idea of Democracy’.
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* NSG & elite US SOF troops conduct 7TH joint counter-terror drill 'TARKASH' in Kolkata.
Joint Counter-Terror Mock Drills: NSG and US Special Operations Forces conducted joint counter-terror mock drills in Kolkata to enhance coordination and interoperability.
Seventh Edition of Exercise 'Tarkash': The annual Indo-US joint counter-terrorism exercise 'Tarkash' began on April 22 in Kolkata and focused on urban counter-terrorism scenarios.
Objective: The primary objective of 'Tarkash' is to build functional relations, enhance interoperability, and improve bilateral cooperation between India and the US in combating terrorism.
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* SEBI tweaksNISM certification requirement for AIF investment manager.
Sebi Regulation Amendment: Sebi has made it mandatory for at least one key personnel within the investment team of an Alternative Investment Fund (AIF) manager to obtain relevant certification from the National Institute of Securities Market (NISM).
Circular Details: The circular, dated May 13, specifies that this certification is an eligibility criterion for AIF registration and must be fulfilled by May 9, 2025, for existing and pending schemes.
Enhanced Eligibility Requirement: This amendment aims to enhance professionalism and expertise within AIF management teams, ensuring better compliance and competence in the alternative investment space.
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* HDFC Bank PIXEL: India’s first virtual credit card to allow you choose billing cycle, merchants.
PIXEL Virtual Credit Card: HDFC Bank has introduced a new virtual credit card named 'PIXEL', available in two variants - PIXEL Play and PIXEL Go, marking the bank's entry into app-based customizable credit cards.
Customizable Benefits: Users can customize their PIXEL cards to suit their lifestyle, select preferred merchants for earning cashback, choose card designs, and set billing cycle dates, offering flexibility and personalization.
Membership Fee and Registration: Both variants of the PIXEL card will have a membership fee of ₹500 plus taxes. Registration for PIXEL cards is facilitated through HDFC Bank's PayZapp mobile application, providing users with a range of features including card controls, rewards, and statements.
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* TATA AIG unveils India’s first Satellite-based In-Orbit Third-Party Liability Insurance.
India's First Satellite In-Orbit Third-Party Liability Insurance: TATA AIG introduces the country's inaugural Satellite In-Orbit Third-Party Liability Insurance policy, addressing the emerging needs of satellite manufacturers and operators in India's burgeoning space sector.
Comprehensive Coverage: The policy offers comprehensive coverage for third-party bodily injury and property damage arising from incidents involving satellites in orbit, aligning with international standards and best practices in space insurance.
Addressing Growing Space Sector Needs: With the Indian space sector projected to reach significant market value and aiming for substantial growth through privatisation of space launches, robust risk management solutions like Satellite In-Orbit Third-Party Liability Insurance become essential.
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* India's GDP to expand at 6.6% in FY25; will fuel NBFCs' growth: Moody's.
Indian Economy Projection: Moody's predicts a 6.6% expansion for the Indian economy in FY25, supporting robust credit demand and profitability in the NBFC sector.
NBFC Sector Profitability: Strong economic growth is expected to fuel credit demand, aiding NBFCs' profitability despite rising funding costs.
Asset Quality Preservation: Moody's anticipates that robust economic conditions will help NBFCs maintain asset quality, even amidst increasing interest rates impacting customer debt burdens.
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* Englih author Ruskin Bond receives Sahitya Akademi Fellowship.
Sahitya Akademi Fellowship: Eminent author Ruskin Bond was awarded the prestigious Sahitya Akademi Fellowship at his Mussoorie home.
Ill Health Delay: Due to his ill health, Bond could not receive the honor in person since he was named a recipient in September 2021.
Literary Legacy: Ruskin Bond, known for his extensive literary contributions, has authored over 300 short stories, essays, and novels, alongside numerous children's books.
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* UNDP Administrator Appoints Alain W. Noudéhou as the new Executive Director of the UN Multi– Partner Trust Fund Office (MPTFO).
Appointment Announcement: Alain Noudéhou of Benin has been appointed as the new Executive Director of the UN Multi-Partner Trust Fund Office (MPTFO) by UNDP Administrator Achim Steiner.
Experience in Development and Humanitarian Affairs: Noudéhou brings extensive experience in international development and humanitarian affairs to his new role, having served in various capacities including Deputy Special Representative of the UN Secretary General in Mali.
Previous Roles: Prior to his appointment, Noudéhou served as the UN Resident Coordinator and Humanitarian Coordinator in Mali, showcasing his leadership in complex humanitarian and development contexts.
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* Hydroelectric power major Satluj Jal Vidyut Nigam Limited (SJVN) has signed a MoU with IIT Patna to use advanced geological models in SJVN’s tunnelling project to reduce time and cost overruns.
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* Indian Air Force tests BHISHM'S world's 1ST portable hospital for airdrop in Agra.
Innovative Disaster Response: The BHISHM portable hospital integrates AI and data analytics for efficient coordination and real-time monitoring during emergencies.
Quick Deployment: Weighing 720 kg, the hospital can be airdropped from AN-32 aircraft, landing with the help of parachutes, enabling rapid deployment within eight minutes.
Remote Accessibility: The BHISHM's mobility allows it to be deployed in remote areas like Ladakh and Kargil, providing crucial medical support during natural disasters or emergencies.
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* Japan unveils first-ever 6G device 20 times faster than 5G.
Japanese Telecom Consortium Collaboration: DOCOMO, NEC Corporation, NTT Corporation, and Fujitsu collaborated to create a prototype capable of achieving high wireless speeds.
Utilization of 100 GHz and 300 GHz Bands: Extensive testing revealed that the prototype device could achieve high speeds using the 100 GHz and 300 GHz wireless bands.
Impressive Transmission Capabilities: The prototype can transmit data wirelessly at 100 Gbps over distances exceeding 300 feet, showcasing its remarkable capabilities.
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* Shyam Nikhil becomes India’s 85th GM: Incredible tale of 12-year wait.
Shyam Nikhil's Patience: Shyam Nikhil, a Tamil Nadu chess player, achieved the title of International Master (IM) at 18 and collected two out of three norms for the Grandmaster (GM) title within a year.
Long Journey to GM Title: Despite reaching the necessary rating and norms by 2012, Shyam faced a 12-year journey to finally attain the GM title, which he achieved at the age of 31.
Contrast with Younger Prodigies: Shyam's journey stands in contrast to players like Gukesh, who became India's youngest-ever grandmaster at 12 years old.
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* SAIL-Bhilai to install 15 MW floating solar project in Chhattisgarh.
Renewable Energy Initiative: BSP, a subsidiary of SAIL, is installing Chhattisgarh’s first 15 MW floating solar project to reduce carbon emissions and promote renewable energy.
Joint Venture Collaboration: The project is operated through NTPC-SAIL Power Supply, a joint venture between NTPC Limited and SAIL, ensuring expertise and resources are pooled for its success.
Anticipated Impact: The project aims to generate approximately 34.26 million units of green power annually, contributing to energy conservation and sustainability efforts.
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* Former Bihar deputy CM Sushil Kumar Modi dies at 72.
Political Stalwart: Sushil Kumar Modi was a prominent leader of the Bharatiya Janata Party (BJP) and had a distinguished political career spanning over three decades.
Service to Bihar: He served as the deputy chief minister of Bihar twice, from 2005 to 2013 and from 2017 to 2020, making significant contributions to the state's governance and development.
Battle with Cancer: Modi battled cancer for several months, revealing his diagnosis in April and refraining from participating in the BJP's campaign for the 2024 Lok Sabha elections.
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* May 15 : International Day Of Families 2024
Annual Commemoration: The International Day of Families is observed globally every year on May 15th to emphasize the significance of families in society and to address the challenges they encounter.
Role of Family: Families provide a sense of security and support, serving as a cornerstone in our lives where we can share our thoughts, celebrate our joys, and navigate life's challenges together.
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* India has reported a 38 percent surge in steel imports to 8.319 million tonnes, becoming a net importer of the commodity during 2023-24 financial year, according to government data.
JPC collects data on the Indian iron and steel industry.
India was a net importer of total finished steel.
Under the National Steel Policy, India aims to scale up its annual steel production capacity to 300 million tonnes by 2030, and per capita steel consumption to 160 kg.
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* Nobel Prize-winning author Alice Munro dies aged 92.
First Canadian Nobel Laureate: Alice Munro, renowned for her complex and authentic short stories, was the first Canadian author to win the Nobel Prize in literature.
Legacy of Work: Over her career, Munro published 14 original short-story collections and several compilations, leaving behind a significant literary legacy.
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* The Indian Army observed the 40th Siachen Day on 13 April 2024.
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* Urban jobless rate reaches four quarter high in Q4FY24: PLFS data.
Urban jobless rate has been declining since a peak of 12.6% in Q1 FY22.
Unemployment rate among women decreased to 8.5%, while for men it increased to 6.1%.
Youth (15-29 age) jobless rate rose to 17% in Q4 from 16.5% in Q3.
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* India to extend budgetary support of $50 million to Maldives.
SBI subscribes to Treasury Bills at zero cost to Maldives.
Maldives incurs no interest expense on the borrowed amount.
          ____________________________



* Singapore's Lawrence Wong Sworn In As New PM In 2 Decades.
Wong's cabinet members, including predecessor Lee, were sworn in.
Lee, 72, appointed as senior minister.
Wong, a US-educated economist, effectively handled the Covid-19 crisis.
          ____________________________



* ReNew and Societe Generale signs MoU for energy transition projects of $1 billion over 3 years.
ReNew signed five PPAs totaling 2.2 GW of renewable energy capacity.
Three solar PPAs (800 MW) were signed at an average tariff of INR 2.59 per kWh.
ReNew received Letters of Awards for an additional 5.8 GW of renewable energy capacity.
          ____________________________



* Ministry of Coal initiates India’s first ever pilot project for underground coal gasification in Jharkhand.
These gases can be utilised to produce synthetic natural gas, chemical feedstocks for fuels, fertilisers, explosives, and other industrial applications.
          ____________________________



* Prime Minister's Visit to Jammu and Kashmir on 20th - 21st June 2024.
PM Modi will inaugurate and lay the foundation stone for 84 major developmental projects valued at over Rs. 1,500 crore. These projects encompass road infrastructure, water supply schemes, infrastructure in higher education, and more.
          ____________________________



* SBI General announces Bima Central: A Game-changing Step in Customer Experience.
SBI General Insurance integrates with Bima Central for a unified insurance view.
All retail policies will be issued in electronic format to eIA holders.
Policyholders without an eIA will be encouraged to open one for digital servicing.
          ____________________________



* Asian Development Bank Approves USD 148 Million Loan To Improve Power Supply In Sikkim.
Upgrade 26 power substations and install a supervisory control and data acquisition system.
Install 15,000 public streetlights in remote areas and conduct safety awareness programs in 28 villages.
          ____________________________



* Tata AIG General Insurance partners Aurm for its vault services.
          ____________________________



* MSCI May 2024 Update: 13 New Additions and 3 Dropped
MSCI May review expected to generate ~$2.5 billion in passive FII inflows into India.
29 stocks, including Indraprastha Gas and Paytm, added to MSCI Smallcap Index.
15 stocks, including Borosil and Force Motors, removed from Smallcap Index.
          ____________________________



* Forbes 30 Under 30 ASIA 2024: Statiq founders Akshit Bansal, Raghav Arora & TDC founder Bhagya Shree Jain find a spot.
Statiq, founded by Bansal and Arora, offers a nationwide network of EV charging stations.
Statiq raised $27.5 million and aims for $9.9 million in revenue in 2024.
The Disposal Company (TDC), founded by Bhagya Shree Jain, promotes plastic neutrality and supports waste workers.
          ____________________________



* World Chagas Disease Day is annually observed on 14 April to raise awareness around Chagas disease.
          ____________________________



* National fire service day was observed on 14th April.
          ____________________________



* R. Lakshmi Kanth Rao Appointed as Executive Director of RBI.
Rao will oversee Deposit Insurance, RTI, and Communication departments as Executive Director.
He holds a commerce degree, an MBA in Finance, and a Diploma in TIRM.
Rao is a Certified Associate of the Indian Institute of Banking & Finance (IIBF).
          ____________________________



* 'Robotic transport system': Nasa announces plans to build first railway system on Moon.
NASA's FLOAT project employs unpowered magnetic robots on a flexible film track.
The track's layers include graphite for diamagnetic levitation, flex-circuit for propulsio.n.
These layers enable passive floating, controlled propulsion, and navigation on the lunar surface.
          ____________________________



* Author, storyteller Padma Shri awardee Malti Joshi passes away.
          ____________________________



* INTERNATIONAL MUSEUM DAY - May 18.
Many museums, especially art and culture ones, face declining visitor numbers and financial challenges, with some even forced to close.
Despite these challenges, some renowned museums like the Louvre continue to thrive, attracting millions of visitors annually.
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* Sany India, a manufacturer of construction and mining equipment, introduced the SKT105E Electric Dump Truck, the first of its kind to be made in India.
          ____________________________



* Jana Small Finance Bank Limited has partnered with Kotak Mahindra Life Insurance Company Limited to offer life insurance products to the Customers of the Bank.
          ____________________________



* Bain Capital sold a 1.08% stake in Axis Bank for ₹3,575 crore through an open market transaction.
          ____________________________



* International Day of Living Together in Peace - 16 May
UNESCO's mission: Cultivating peace post-World War II.
International Day of Living Together in Peace: Highlighting ongoing peace efforts.
Focus: Education, science, information, and culture for global harmony.
          ____________________________



* International Day of Light 2024 - May 16
Incandescent Light Bulb (19th Century): Thomas Edison's invention of the incandescent light bulb in the late 19th century revolutionized indoor lighting, replacing less efficient gas and oil lamps and extending the productive hours of the day.
Lasers (20th Century): The invention of lasers in the 20th century by researchers like Theodore Maiman and Arthur Schawlow opened up a wide array of applications, from precision cutting and welding in manufacturing to medical procedures like laser eye surgery and even entertainment through laser light shows.
Fiber Optics (20th Century): The development of fiber optics in the mid-20th century enabled the transmission of data at unprecedented speeds over long distances. This technology underpins modern telecommunications networks, including the internet, allowing for rapid global communication and information exchange.
          ____________________________



* National Dengue Day 2024 - 16 May
Theme for National Dengue Day: "Dengue Prevention: Our Responsibility for a Safer Tomorrow" emphasizes the collective responsibility of individuals and communities in preventing the spread of dengue through awareness, proactive measures, and accessible treatment options.
Significance: National Dengue Day serves as a platform to initiate discussions about dengue, highlight available treatment facilities, and underscore ongoing efforts toward disease eradication, particularly in regions prone to dengue epidemics.
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* DPIIT organizes ONDC Startup Mahotsav in New Delhi,12 Unicorns, over 125 startups commit to onboarding ONDC.
Over 5,000 startups participated in a hybrid event showcasing enthusiasm for the ONDC platform.
125 ecosystem stakeholders, including notable names like EaseMyTrip and Zerodha, signed Letters of Intent during the event, indicating strong interest in collaboration.
Joint Secretary of DPIIT highlighted the government's vision for ongoing collaboration between startups and ONDC, emphasizing the pivotal role of startups in driving innovation and enhancing consumer choice within the ecosystem.
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* Maiden India Pavilion at World Hydrogen Summit 2024, Netherlands showcases National Green Hydrogen Mission.
India launched the National Green Hydrogen Mission with a budget of Rs. 19,744 crores, targeting a production capacity of 5 MMT by 2030.
The Ministry of New & Renewable Energy has awarded tenders for 412,000 tonnes of Green Hydrogen production capacity and 1,500 MW of electrolyzer manufacturing capacity.
Scheme guidelines have been notified for utilizing Green Hydrogen in sectors like steel, transport, and shipping, alongside the establishment of Hydrogen Valley Innovation Clusters to promote innovation and ecosystem development.
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* IFC Extends US$500 Million to HDFC Bank to Ramp Up Microloans to Underserved Women Borrowers in India.
HDFC Bank emphasizes its commitment to empowering women through targeted lending to Self-Help Groups (SHGs) and Joint Liability Groups (JLGs), aiming to extend banking services to underbanked and unbanked populations.
These financial entities collectively serve approximately 47 million clients with a combined gross loan portfolio of US$31.6 billion as of December 31, 2023.
Non-banking financial entities, including microfinance institutions (MFIs) and small finance banks, play a significant role in lending to women for income generation, representing about 65.7% of total microfinance lending in India.
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* SBI Mutual Fund launches SBI Automotive Opportunities Fund.
The fund's investment scope encompasses various sectors, including original equipment manufacturers (OEMs), auto component manufacturers, electric mobility, and companies with auto export potential.
Company classification within the automotive and allied industries will primarily follow the guidelines set by the Association of Mutual Funds in India (AMFI) for basic industry classification.
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* YES Bank launches YES Grandeur for elite customers.
YES Grandeur offers various benefits including zero cross-currency markup charges, complimentary airport lounge access, and lifestyle privileges across several brands.
India's affluent segment is forecasted to grow significantly over the next decade, according to the BCG CCI Proprietary Income Model, while a report by PRICE suggests a substantial increase in the middle class by 2046-2047.
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* IndiaFirst Life Insurance names Rushabh Gandhi as MD & CEO.
With over 29 years of experience in both Indian and international markets, Gandhi brings valuable expertise in driving growth and profitability, complemented by his strategic vision consistent with IndiaFirst Life's core values.
Gandhi's appointment at IndiaFirst Life marks a significant step in the company's succession strategy, signaling a new chapter.
          ____________________________



* Pakistan conducts successful training launch of ‘Fatah-II’ rocket system.
Pakistan's army announced the induction of "Fatah-II" into its Artillery Divisions, enhancing precision engagement capabilities for deep targets.
President Asif Ali Zardari, Prime Minister Shehbaz Sharif, and senior army officers congratulated the troops and scientists involved in the successful flight test.
          ____________________________



* Astronomers Uncover a Baffling “Cosmic Mystery” – A Giant Planet As Fluffy as Cotton Candy.
WASP, an international collaboration of academic institutions, initially spotted the new planet using two robotic observatories equipped with wide-angle cameras.
Observations from the WASP-South observatory between 2006-2008 and 2011-2012 detected periodic transits, enabling astronomers to estimate the planet's size by measuring the amount of light blocked during each transit.
          ____________________________



* Football: Australia to host 2026 AFC Women's Asian Cup; 2029 edition in Uzbekistan.
Having just co-hosted the FIFA Women's World Cup last year, Australia will host the continent's premier women's national team competition for the second time in history, having staged the 2006 edition.
Uzbekistan will become the first Central Asian nation to organize the tournament.
          ____________________________



* Researchers discovered a new species 'Impatiens neo-uncinata' of garden balsam in Kerala.
          ____________________________



* Noted Carnatic musician K.G Jayan passed away in Ernakulam district of Kerala.
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* Puma lands kit deal with Athletics Federation of India.
          ____________________________



* Legendary banker and former ICICI Bank Chairman N Vaghul passes away
During his decades-long career, Vaghul was instrumental in building ICICI Bank from an early-stage financial institution into a full-fledged bank. He mentored many senior executives at the bank, including the likes of KV Kamath.
          ____________________________



* International Day Against Homophobia, Transphobia and Biphobia - 17th May
Recent calls from United Nations bodies advocate for transgender-friendly HIV care, protection of intersex rights, and an end to discrimination against LGBTQIA+ individuals in health services, fostering empowerment and improved access to care.
Despite progress, discrimination persists globally, with dozens of countries criminalizing same-sex relationships and some even imposing the death penalty based on sexual orientation or gender identity, resulting in rights violations and limited health service access.
          ____________________________



* Assam: Digital Platform For Reporting Damages During Disasters ‘DRIMS’ Launched.
The chief secretary of Assam released a handbook on financial assistance during disasters and inaugurated a state-level training program on Incident Response System (IRS) conducted by the National Institute of Disaster Management.
The disaster assistance handbook aims to empower affected communities, especially children and women, by providing information on entitlements during and after disasters, while ASDMA CEO highlighted the modern technology features of DRIMS for multi-disaster reporting.
          ____________________________



* World AIDS Vaccine Day - May 18
The HIV/AIDS epidemic has claimed millions of lives globally since the 1980s, yet an AIDS vaccine is still not available.
World AIDS Vaccine Day raises awareness about the need for an HIV vaccine and acknowledges the efforts of scientists, doctors, volunteers, and health professionals working towards this goal, as well as those fighting against the stigma associated with HIV/AIDS.
          ____________________________



* FICCI-IESA Sign MoU To Boost India’s Semiconductor And Electronics Industry.
The partnership between IESA and FICCI aims to elevate India's status as a global center for electronics design and manufacturing, marking a significant milestone in this endeavor.
By leveraging IESA's expertise and FICCI's extensive member network, the collaboration seeks to enhance investment opportunities in the semiconductor and electronics sectors, fostering growth, local value addition, and India's self-reliance.
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* LIC granted 3-year time to achieve 10% public shareholding.
SEBI mandates listed companies to have a minimum of 25% free float, with newly listed firms given three years to comply, while those with over Rs 1 trillion market capitalization post-issue have a five-year timeframe.
LIC's stock surged nearly 6% to an intraday high of Rs 982.90 following SEBI's approval, with a 52-week high of Rs 1,175 and notable returns of 64% in the last year, 53.43% in the last six months, and 1.66% in the past five days.
          ____________________________



* PhonePe Partners Up with LankaPay for UPI Payment in Sri Lanka .
UPI was recently launched in Sri Lanka and Mauritius, attended by Prime Minister Narendra Modi and leaders from both countries.
The growing popularity of UPI in India extends beyond daily essentials to high-end purchases like gadgets, appliances, and clothing, reflecting its widespread adoption for digital and cashless payments.
          ____________________________



* India's 2024 economic growth projection revised upwards by U.N. to nearly 7%.
The U.N. has revised its economic growth projection for India upward to 6.9% for 2024, from the previous forecast of 6.2% made in January.
The revision is attributed to robust domestic demand and strong growth in the manufacturing and services sectors.
The GDP growth projection for India for 2025 remains unchanged at 6.6% in the latest assessment.
          ____________________________



* Retail Inflation Eases to 4.83% in April, 2024.
According to the Reserve Bank, which factors in consumer inflation while arriving at its bi-monthly monetary policy, food price uncertainties continue to weigh on the inflation trajectory going forward.
          ____________________________



* SEBI revamps market cap computation basis for LODR compliance.
The SEBI move will have a bearing on as many as ten provisions in the Listing Obligations and Disclosure Regulations (LODR) Regulations that apply to listed entities based on market capitalisation, say experts .
          ____________________________



* Cristiano Ronaldo tops Forbes' list of world's highest-paid athletes.
His on-field earnings amounted to $200 million while his off-field earnings were $60 million thanks to sponsorship deals where brands make use of his 629 million Instagram followers.
Twice major winner Rahm joined LIV Golf in December in a big-money move that sent shockwaves through the sport after media reports said the current world number five would be paid at least $300 million.200 million while his off-field earnings were $60 million thanks to sponsorship deals where brands make use of his 629 million Instagram followers.
          ____________________________



* IN-SPACe honoured with Geospatial World Forum Leadership Award.
The GWF Leadership Awards are presented annually at the Geospatial World Forum to honor individuals and organizations making exceptional contributions to the geospatial field.
IN-SPACe, led by Dr. Pawan Goenka, was recognized for fostering innovation and growth in the space industry by leveraging space-based solutions to address critical societal challenges.
          ____________________________



* The Ministry of External Affairs (MEA) has approved a proposal for India Ports Global (IPGL) to take over the operations of the entire Sittwe port located on the Kaladan River, Myanmar.
The Ministry of Shipping has presently assigned IPGL the task of equipping and operation of container/multi-purpose terminals at Chabahar Port in Iran.
The Sittwe Port is part of the Kaladan multi-modal transit transport project.
          ____________________________



* The Reserve Bank of India (RBI) has cancelled the certification of registration of 4 non-banking finance companies (NBFC) two from Telangana and one each from Kerala and Uttar Pradesh.
Three NBFCs surrendered their registration certificates to RBI as they cease to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.
          ____________________________



* World Art Day (WAD) is celebrated every year on 15 April to promoting the development, distribution, and enjoyment of art worldwide.
          ____________________________



* The UN’s Commission on the Status of Women (CSW) unanimously appointed Saudi Arabia to chair its 69th session in 2025, according to the Saudi Arabia Mission to the UN.
The Saudi Vision 2030 also included priorities and targets that focused on women’s full participation at all levels and investing their energies in a manner consistent with their enormous capabilities.
Saudi Arabia's ambassador to the UN, Abdulaziz bin Mohamed al-Wasel, will lead the CSW's bureau into 2025, the first Saudi diplomat to do so since the CSW was created in 1946.
          ____________________________



* Non-life insurers posted a 12.78% year-on-year growth in gross direct premium underwritten in 2023-24 (FY24).
In March 2024, general insurance companies’ gross direct premium grew by 9.64 percent Y-o-Y to Rs 21,422.06 crore.
          ____________________________



* State Bank of India and Standard Chartered Bank India carried out a Credit Default Swap (CDS) trade worth ₹25 crore.
Most CDS contracts are maintained via an ongoing premium payment similar to the regular premiums due on an insurance policy.
          ____________________________



* National Consultation on One Health Legal Assessment Inaugurated in Delhi.
Dr. V K Paul emphasizes the timely importance of a legal framework for the One Health initiative..
Dr. V K Paul highlighted the urgent need for coordinated efforts in public health
          ____________________________



* Bornean Elephants Invasive Species making Threaten Global Biodiversity.
Dr. Grethel Aguilar emphasized the vital collaborative work needed for wildlife conservation, and emphasized the important role of science-based conservation efforts.
          ____________________________



* International Day of Zero Waste is celebrated every year on 30 March.
          ____________________________



* World Voice Day is annually observed on 16 April.
          ____________________________



* Air India and Bangalore International Airport Limited (BIAL) have signed a pact to develop the Bengaluru airport as an aviation hub.
Air India is wholly owned by the Tata Group, while AIX Connect and Air India Express are its wholly-owned subsidiaries.
The Bengaluru airport is operated by Fairfax-run BIAL.
          ____________________________



* Arunachal: Sela Tunnel recognised as India's highest tunnel by International Book of Honour.
Prime Minister Narendra Modi inaugurated the Sela Tunnel, the world's longest twin-lane tunnel, in Arunachal Pradesh on March 9.
Situated at an altitude of 13,000 feet, the strategically important Sela Tunnel will ensure all-weather connectivity to Tawang in Arunachal Pradesh.
          ____________________________



* Mamta G. Sagar won the World Literary Prize from the World Organization of Writers (WOW) for her contributions to the world of literature.
          ____________________________



* India's Chandrayaan-3 mission team was awarded the prestigious 2024 John L. 'Jack' Swigert Jr. Award for Space Exploration.
John L ‘Jack’ Swigert Jr. Award for Space Exploration is an honour bestowed by the NASA in recognition of outstanding contributions to space exploration.
It is named after John L. ‘Jack’ Swigert Jr., an American astronaut who flew on the Apollo 13 mission in 1970.
          ____________________________



* The government has appointed Manoj Panda, former director at the Institute of Economic Growth as the full time member of the 16th Finance Commission.
          ____________________________



* Dame Valerie Adams has been named the International Event Ambassador for the 16th edition of the Tata Consultancy Services World 10K Bengaluru.
          ____________________________



* Nigeria has become the 1st country in the world to launch a new vaccine (called Men5CV) recommended by the WHO.
          ____________________________



* The International Maritime Organization designated June 25th as the Day of the Seafarer .
          ____________________________



* The UN General Assembly held in 2022 decided to celebrate 24 June every year as women in diplomacy day.
A powerful synergy between the two is critical to ensure a reality marked by an equitable, inclusive, and prosperous future.
          ____________________________



* Kapil Sibal elected president of Supreme Court Bar Association.
Sibal emphasizes prioritizing the Constitution of India and upholding the rule of law over political agendas in the courtroom.
He sees lawyers' role as safeguarding citizens from governmental overreach and ensuring justice, advocating for a depoliticized approach to legal proceedings.
          ____________________________



* Croatia conservative leader Plenkovic appointed as prime minister-designate for third term.
Lawmakers are set to approve Plenkovic’s new government next week. It will have a slim majority of 78 lawmakers in the 151-member assembly, which could herald political uncertainty.
“We will continue in our third mandate to work for progress,” Plenkovic said on X, former Twitter, after he was appointed by President Zoran Milanovic.
          ____________________________



* Chad junta chief Mahamat Idriss Déby officially declared winner of presidential election.
Masra, once a fierce Deby opponent before becoming prime minister four months ago, has accused the junta chief's team of rigging the results and called on his supporters to "mobilise peacefully".
Déby was proclaimed transitional president three years ago by his fellow generals after his father, iron-fisted president Idriss.
          ____________________________



* Warburg Pincus to acquire Shriram Housing Finance for Rs 4,630 crore.
SFL is one of India’s leading non-banking financial companies (NBFCs), serving over 8.4 million customers in India, offering commercial-vehicle loans, two-wheeler loans, and micro, small, and medium enterprises (MSME) financing.
          ____________________________



* National Endangered Species Day- May 17th
National Endangered Species Day was established to raise awareness about the plight of endangered species and to inspire action to protect them.
Raises Awareness About Biodiversity: It serves as a reminder of the vast array of life on Earth and the importance of preserving this biodiversity
          ____________________________



* World Hypertension Day - May 17th
To achieve the global target to reduce the prevalence of hypertension by 25% by 2025, WHO and the United States Centers for Disease Control and Prevention launched the Global Hearts Initiative in 2016.
HEARTS in the Americas is currently being implemented in 22 countries in the Region, that have 1,380 health facilities participating in the initiative.
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* Neeraj Chopra clinches gold medal at Federation Cup 2024 with 82.27 meter throw .
DP Manu, who was representing Karnataka in the championship, came close second with an 82.06-meter effort, winning the silver medal, while Uttam Balasaheb Patil of Maharashtra clinched the bronze medal with a throw of 78.39 meters.
Asian Games silver medalist Kishore Jena, who emerged as India's second-best javelin thrower at the tournament, didn't perform up to expectations.
          ____________________________



* The Indian Army has received its first batch of 24 Russia-made Igla-S Man Portable Air Defence Systems (MANPADS).
In November 2023, India signed a contract with Russia for 120 launchers and 400 missiles.
          ____________________________



* The European Union (EU) and India launched an Expression of Interest (EOI) for start-ups working in the area of Battery Recycling Technologies for Electric Vehicles (EVs) for a matchmaking event.
          ____________________________



* The ministry of health and the Quality Council of India (QCI) has initiated five-year collaboration to provide high-quality healthcare services to an estimated 42 lakh CGHS beneficiaries.
          ____________________________



* The Ministry of Road, Transport, and Highways (MoRTH) has constructed 12,349 kms of national highways in FY24.
Previously, the Ministry of Road Transport and Highways (MoRTH) had constructed a record 13,327 kilometres of national highways in 2020-21.
          ____________________________



* Bank of Maharashtra Leads Public Sector Banks in Business Growth for FY24 .
BoM, headquartered in Pune, posted a 15.94 per cent rise in its total domestic business, outpacing all other PSBs.
The State Bank of India (SBI), the nation’s largest lender, followed with a 13.12 per cent growth.
          ____________________________



* BEML Ltd bags order worth Rs 250 cr from Northern Coalfields for BH100 rear dump trucks.
The BEML BH100 rear dump truck is renowned for its robust design, advanced features, and operational efficiency, making it a preferred choice in the mining industry.
          ____________________________



* ITC’s Sanjiv Puri takes over as CII president for 2024-25.
Puri takes the reins at CII from TVS Supply Chain Solutions chairman R. Dinesh.
          ____________________________



* ISRO Unveils Ambitious Plans for Mangalyaan-2: Includes Crane, Helicopter, and Communications Satellite.
Isro is already working on the second Mars mission.
It will feature a rover, and helicopter combination.
The mission will be launched aboard the heavy-lift LVM3.
          ____________________________



* William Lai Ching-te urges peace as he becomes Taiwan’s new president,Lai and Vice President Hsia Bi-khim took their oaths on Monday.
The 64-year-old was given two seals that symbolise presidential power from the parliament speaker: one the ROC seal and the other, a seal of honour.
Outgoing President Tsai Ing-wen also bid farewell during the ceremony, signing off after eight years and a maximum two terms in office.
          ____________________________



* J&K Bank partners with Paymart India Pvt Ltd to launch an innovative Virtual ATM (VATM) facility.
          ____________________________



* Securities and Exchange Board of India (SEBI) has received ISO certification for two of its information security systems and two operations controls.
International Organisation for Standardisation (ISO)/ International Electrotechnical Commission (IEC) 27001:2002 is an internationally recognised standard for information security management systems (ISMS).
          ____________________________



* According to the World Health Organization (WHO) 2024 Global Hepatitis Report, Hepatitis is the second leading infectious cause of death globally.
The report outlines a series of actions to advance a public health approach to viral hepatitis, designed to accelerate progress towards ending the epidemic by 2030.
          ____________________________



* Team India ended the Youth World Boxing Cup 2024 in Budva, Montenegro, with 26 medals.
Nikita Chand was also recognized for her outstanding performance, being awarded the title of 'Best Boxer' of the tournament.
Russia topped the Medal tally with 8 Gold Medals.
India finished 2nd while Poland was in the 3rd position with three gold medals.
          ____________________________



* Adani Enterprises' subsidiary Kutch Copper commenced operations through the first unit of its greenfield copper refinery project at Mundra, Gujarat.
The domestic copper industry will play a crucial role in achieving nation’s goal of carbon neutrality by 2070 by strengthening green infrastructure hand in hand with mature environmental stewardship.
          ____________________________



* Bernd Holzenbein, a FIFA World Cup winner with West Germany in 1974, has passed away aged 78.
          ____________________________



* The National Pension System (NPS) assets under management (AUM) recorded a robust 30.5 percent year-on-year growth in 2023-24, reaching ₹11.73 lakh Crore (₹ 8.98 lakh crore), latest PFRDA data.
          ____________________________



* The Singapore Tourism Board (STB) and PhonePe have signed a two-year MoU to promote the Unified Payments Interface (UPI) for Indians travelling in Singapore.
PhonePe crossed 230 million daily transactions with an annualised Total Payment Value (TPV) that was more than $1.5 trillion.
Under the collaboration, Indian citizens visiting or working in the UAE can use the PhonePe app for seamless transactions.
          ____________________________



* Blue Origin’s New Shepard 25 rocket lifts off with six crew on board, including one Indian.
The mission, named NS-25, departed from Launch Site One in West Texas.
Gopi Thotakura, from the Indian state of Andhra Pradesh, has thus become the first Indian space tourist. He is a commercial jet pilot and entrepreneur.
          ____________________________



* Indian Army Takes Delivery Of 27,000 Locally-Made AK-203 Assault Rifles from IRRPL.
India signed a deal with Russia in 2020 to buy more than 770,000 AK-203 rifles in July 2021 worth Rs 5,000 crore, under which more than 100,000 rifles will be directly imported from Russia, while the remaining 670,000 will be manufactured in India at the factory in Korwa.
This delivery comes six months after India started testing the first batch of locally-made AK-203 rifles in IRRPL's manufacturing facility in Korwa, Amethi.
          ____________________________



* 3AI Holding Limited and SML India launched Hanooman globally : India's GenAI platform speaks 98 languages worldwide.
The platform draws its name from the revered figure of Lord Hanuman. It symbolizes a dedication to employing GenAI for the greater good, echoing Hanuman's loyalty and strength in serving Lord Ram.
Jointly developed by SML India and 3AI Holding, Hanooman sets an ambitious target of reaching 200 million users within its inaugural year.
          ____________________________



* Thailand Open 2024 badminton: Chirag Shetty-Satwiksairaj Rankireddy win second doubles title of the year.
Playing at the Nimibutr Stadium in Bangkok, the world No. 3 Indian badminton pair beat their 29th-ranked opponents with a scoreline of 21-15, 21-15 in 46 minutes.
With 9200 ranking points from the tournament, the Indian badminton players are expected to regain the world No. 1 rank next week.
          ____________________________



* Red Bull's Max Verstappen held off a late charge by McLaren's Lando Norris to win the Emilia Romagna Grand Prix by less than a second.
­Verstappen had a lead of just 0.7sec on Norris, a mere bagatelle between them as theypair hurtled across the line.
          ____________________________



* World Hemophilia Day is annually observed on 17 April to raise awareness around haemophilia.
          ____________________________



* Bharat Electronics Ltd (BEL) signed an MoU with the Indian Institute of Technology, Mandi, for co-operation in various fields.
          ____________________________



* American Express launched the all-new metal Corporate Platinum Card, designed to cater to the evolving needs of business owners and entrepreneurs in India.
          ____________________________



* BNP Paribas has agreed to buy a 9% stake in Ageas from China's Fosun Group for about 730 million euros ($780 million).
          ____________________________



* SJVN Limited has been honored with two prestigious awards at the 15th CIDC Vishwakarma Awards 2024, organised by the Construction Industry Development Council.
All CSR initiatives of SJVN are conducted through its registered trust, SJVN Foundation.
          ____________________________



* On National Maritime Day, the Ministry of Ports, Shipping, and Waterways presented the Sagar Samman Awards.
The best Indian ship-owning companies, maritime training institutes, and Indian Ports are also recognised with a number of awards.
Today, India has become the 16th largest maritime country in the world, supported by about 200 non-major ports and 12 major ports.
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* Aditya Birla Capital launched a new fintech app, 'ABCD'.
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* Commercial vehicle maker Ashok Leyland Ltd has partnered with South Indian Bank for financing dealers.
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* 8 Indian origins made it to Time magazine’s list of the 100 most influential people of 2024.
TIME, the 101-year-old global media brand has revealed the 21st edition of annual “TIME 100 most influential people 2024” in the world.
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* Former World No. 1 badminton player Kento Momota has announced his retirement from international badminton after featuring in the Thomas Cup for Japan.
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* The government appointed former Karnataka High Court Chief Justice PS Dinesh Kumar as the presiding officer and former principal chief commissioner of income tax Dheeraj Bhatnagar as a technical member to the Securities Appellate Tribunal (SAT).
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* ‘Dream come true’ Brazil selected to host 2027 FIFA Women’s World Cup.
Brazil legend Marta echoed her sentiment in a statement posted on social media.
The United States and Mexico were also in the running until withdrawing three weeks ago to focus on the 2031 tournament. South Africa made the same decision in Nov. 2023.
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* After Iran President Ebrahim Raisi's Death, Mohammad Mokhber To Take Over as the Interim president.
Mohammad Mokhber, born on September 1, 1955, is a figure deeply entrenched in Iran's political and economic spheres.
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* World Bee day - may 20
Today bees, pollinators, and many other insects are declining in abundance.
Bees and other pollinators are essential for our existence, sustaining agriculture and biodiversity worldwide.
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* World Metrology Day 2024 - May 20
The theme for World Metrology Day 2024 is ‘Sustainability’, which encourages us to explore how metrology contributes to improving our lives every day.
The theme underscores the pivotal role that metrology plays, reminds us of our collective responsibility to safeguard our planet, and encourages us to explore the contribution of metrology to improving our lives every day.
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* DAHD and UNDP signs MoU on Digitalization of Vaccine Cold Chain Management, Capacity Building, and Communication Planning.
Notably, UNDP and DAHD will jointly work on Strengthening Animal Health with One Health approach at centre.
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* India's merchandise exports may grow to $500-510 bn in FY25 projected by FIEO
India’s traditional export markets such as the United States (US) and Europe will drive the growth.
Demand for technology-driven sectors like electronics, machinery, high and medium technology, pharmaceuticals, medical and diagnostic equipment, among others, are expected to be robust.
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* Airbus Helicopters and SIDBI Sign an MoU for Helicopter Financing in India.
Speaking on the occasion, Rahul Priyadarshi, Chief General Manager, SIDBI, said, “This a new area for financing to helicopter operators by SIDBI and is expected to open new avenues for financing MSMEs related to this segment.”
This collaboration marks a significant foray of SIDBI into helicopter financing and meeting the financial and development needs of India’s fast-growing rotary wing sector.
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* RXIL TReDS Surpasses INR 1Trillion (1 Lakh Crore) in Invoice Financing for MSMEs.
MSME contributing over 30% to GDP, faces estimated credit gap of around Rs.28.2 lakh crores.
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* Spain becomes 99th member of International Solar Alliance.
India and France jointly launched the International Solar Alliance (ISA) during COP21 in Paris. The ISA aims to contribute to the implementation of the Paris Climate Agreement through the rapid and massive deployment of solar energy, according to MEA press release.
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* GDP growth to dip to a four-quarter low of 6.7% in Q4 FY2024 from 8.4% in Q3: ICRA.
Further, the gap between the GDP and the GVA growth is likely to moderate to ~100 basis points (bps) in Q4 FY2024 from the particularly high 185 bps in the previous quarter.
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* RITES signs pact with Bangladesh Railway to supply 200 passenger coaches.
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* Centre Appoints Justice R Mahadevan As Acting Chief Justice Of Madras High Court.
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* India’s energy major, IndianOil, exported its first-ever parcel of the superior 100 octane premium fuel, XP100 from Jawaharlal Nehru Port Trust (JNPT) on Saturday.
Tailored for premium high-end vehicles, XP100 is set to offer superior performance for its customers in Sri Lanka.
India’s first 100 octane petrol XP100 is domestically developed, leveraging IndianOil’s indigenous Octamax Technology.
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* Tata Steel has signed an agreement with National Grid Plc's Electricity System Operator to build the power infrastructure required to switch its Port Talbot site to a green steel project.
Last year, the UK agreed to pay up to £500 million ($635 million) to help Tata Steel overhaul the country's biggest steelworks and keep it running - one of several hefty subsidies to persuade companies to stay in Britain.
Tata expected 2,500 roles to be impacted within the next 18 months from the move.
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* Dominican Republic President Abinader re-elected to 2nd term.
Dominican Republic re-elects President Abinader, known for anti-corruption stance and tough policies on Haitian migration
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* WEF founder, executive chairman Klaus Schwab to step back from current role.
The forum, which was established by Schwab in 1971, is known for its annual gathering of political and business leaders in Davos, Switzerland.
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* GalaxEye tests SAR sensor tech on NAL’s pseudo-satellite.
The company called the SAR trials the first by a private entity on a HAPS platform.
HAPS systems operate from the stratosphere like high-flying drones.
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* Oscar-Winning Polish Composer Jan AP Kaczmarek Dies at 71.
He gained global fame after winning the Oscar for Best Original Score for Finding Neverland, a biographical fantasy about J.M. Barrie, starring Johnny Depp and Kate Winslet.
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* Microsoft unveils new Copilot+ PCs featuring advanced AI capabilities.
These PCs are engineered to manage a greater share of AI tasks locally, reducing reliance on cloud data centres. Priced from $1,000, the devices are slated to begin shipping on June 18.
The lineup includes laptops from established manufacturers such as Dell Technologies, HP, and Samsung Electronics, complemented by two models from Microsoft itself.
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* World Day for Cultural Diversity for Dialogue and Development - May 21
Protecting the diversity of cultural expressions is more important than ever.
They unanimously adopted the historic Declaration for Culture affirming culture as a “global public good” and calling for it to be integrated “as a specific goal in its own right” in the development agenda beyond 2030.
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* International Tea Day 2024 - May 21
The inaugural International Tea Day festivity occurred in 2005 in the key tea-producing countries like India, Sri Lanka, Nepal and Kenya to focus on the situation of tea producers and the changing tea marketplace.
Tea is more than just a beverage. It has profound cultural significance all over the world. The British people consider the afternoon tea lifestyle as sacrosanct.
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* National Anti-Terrorism Day - May 21
Many NGOs, social and cultural organizations also organize their own programmes to highlight the ill effects of violence and terrorism.
Anti-terrorism/anti-violence pledge is taken in all Government offices, public sector undertakings and other public institutions.
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* EPFO created 11.4% more formal jobs in 2023-24 at 15.4 million, shows payroll data.
“This indicates that the majority of individuals joining the organized workforce are youth, primarily first-time job seekers,” the ministry said in a statement.
Gender-wise analysis of payroll data shows that out of 0.74 million new members, around 0.2 million are new female members while the net female member addition during the month stood at around 0.29 million.
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* India ranks 39th on the World Economic Forum’s Travel & Tourism Development, USA tops.
As per the report, the United States tops the list, followed by Spain, Japan, France, Australia, Germany, the United Kingdom, China, Italy and Switzerland (the top 10 countries).
The rise in India's ranking reflects the country's growing appeal as a travel destination.
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* Celebrating the beautiful game of FOOTBALL on World Football Day.- 25th May
The United Nations, following a resolution by its General Assembly, is celebrating the first ever World Football Day to galvanise the global football community around sustainable development, peace, diplomacy, human rights, healthy environmental practices, cooperation and inclusion.
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* Rangelands are facing a ‘silent demise’, suffering losses as high as 50%.
While some estimates say that around 20 per cent rangelands were degraded, according to the Food and Agriculture Organization of the UN (FAO), up to 35 per cent of grasslands are at risk of degradation, with other rangelands showing significant risk at 26-27 per cent.
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* Global carbon pricing revenues reached record USD 104 billion in 2023, milestone in climate action:WB Report
The High-Level Commission on Carbon Prices recommended carbon prices be in the $50-100 per ton range by 2030. Adjusted for inflation, this range is now $63-127 per ton.
Over the past year, the adoption of carbon pricing has been limited, but there are promising signs of uptake in middle-income nations.
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* SBI General Insurance signs bancassurance partnership with Jana Small Finance Bank to increase insurance penetration.
In addition, the alliance will provide commercial line insurance products such as property, marine, and engineering insurance to meet the diversified demands of businesses and enterprises.
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* Axis bank partners with VST tillers tractors ltd to offer financial olution to farmers for farm equipments.
The MOU was signed by Mr. Antony Cherukara, CEO of VST Tillers Tractors Ltd and Mr. Rajesh Dhage, Business Head of Farm Mechanization, Axis Bank.
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* May 25th is World Thyroid Day.
The Day forms part of International Thyroid Awareness Week, supported by the global, non-profit network of patient organizations known as Thyroid Federation International (TFI).
This year WTD is simultaneously dedicated to non-communicable diseases (NCDs).
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* Thomas Cook India Introduces TCPay for International Money Transfers.
Thomas Cook launches TCPay, a digital service that simplifies international money transfers. It offers 24/7 accessibility, paperless transactions, and a seamless digital interface.
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* India 'sees' its third unicorn of 2024 in logistics services platform Porter.
PeakXV-backed Porter’s earlier valuation was $514 million, after it raised $101 million in a Series E round from investors such as Tiger Global, Vitruvian Partners, Lightrock India and more.
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* TCS Partners With IIT-Bombay To Develop India’s First Quantum Diamond Microchip Imager.
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* Vietnam’s security chief To Lam becomes new president.
Lam’s appointment comes after a major anticorruption drive that analysts say he has weaponised for his benefit.
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* RBI approves appointment of Pradeep Natarajan as IDFC FIRST Bank's Whole Time Director.
The bank further said it will take the necessary steps to complete the formalities for the appointment of Natarajan as Executive Director.
IDFC FIRST Bank had reported a net profit of Rs 724 crore for the fourth quarter ended March 2024.
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* Elorda Cup 2024: Nikhat, Minakshi win gold as India finishes with 12 medals.
Two-time World Champion Nikhat Zareen defeated Zhazira Urakbayeva of Kazakhstan by a unanimous decision 5-0 to win the women’s 52kg category at the Elorda Cup 2024.
Besides Nikhat and Minakshi’s gold medals, Indian boxers won two silver and eight bronze medals to better their last edition’s record of five medals.
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* Azad Engineering bags contract for advanced turbo gas generator engine from DRDO lab GTRE .
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* Magnus Carlsen triumphs in first Casablanca Chess Variant Tournament.
The original game, Game 3 from the 1935 World Championship match, was won by Alekhine in 41 moves. It derived from the double-edged Winawer Variation in the French Defense.
Viswanathan Anand and Magnus Carlsen followed the original game for two moves.
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* Inflation target of 4% will be met in second half of this financial year: RBI paper.
The monetary policy committee is mandated to bring retail inflation at of 4%, with a leeway of 2 percentage point on either side.
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* RBI Approves Dividend Of Rs 2.11 Lakh Crore To Government For FY24.
With the revival in economic growth in FY 2022-23, the CRB was increased to 6.00 per cent. As the economy remains robust and resilient, the board has decided to increase the CRB to 6.50 per cent for FY 2023-24,” the apex bank said.
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* IFSCA sets up committee to position GIFT CITY as global commodity trading hub.
The panel will identify areas with strong synergies with the GIFT IFSC financial services industry
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* M&M Finance Gets License from IRDAI to Enter Insurance Business.
Mahindra Finance secures IRDAI corporate agency licence, valid from May 21, 2024, to May 20, 2027, empowering them to offer insurance solutions and enhancing services for over 10 million customers with assets over USD 11 billion.
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* MoRTH announces new rules for driver's license & RTO tests from 1 June.
More severe penalties for underage drivers will be enforced following an infamous accident case in Kalyani Nagar, Pune, where a 17-year-old driver, who was reportedly under the influence, fatally collided with a motorcycle while said to be driving a Porsche Taycan at a speed of 160kmph. Notably, this Porsche Taycan did not have a registration plate.
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* Sebi Amends Rule to Facilitate Ease of Doing Business for Companies Planning IPOs.
To facilitate ease of doing business for companies planning IPOs, Sebi has said any change in the size of offer for sale (OFS) requiring fresh filing will be based on only one of the criteria — either issue size in rupee or number of shares.
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* TCS gets core banking transformation deal from Kuwait’s Burgan Bank.
Burgan Bank will deploy TCS’ solution to manage higher transaction volumes, enhance automation, and improve staff productivity.
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* International Markhor day, first time celebrated in 2024 - May 24
The markhor (Capra falconeri) is an iconic and ecologically significant species found across the mountainous regions of Central and South Asia, including Afghanistan, India, Pakistan, Tajikistan, Turkmenistan and Uzbekistan.
The greatest threats to the survival of the markhor are habitat loss, illegal hunting, including poaching, and climate change.
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* Market capitalisation to GDP ratio scales a 15-year high of 140.2%.
The total market cap of all BSE-listed companies reached $5 trillion or over Rs 414.46 trillion on May 21 against India’s GDP at current prices of Rs 296.6 trillion in FY24.
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* India says WIPO treaty a significant win for Global South.
A historic treaty relating to genetic resources and traditional knowledge associated with it was concluded at the WIPO headquarters in Geneva on Friday.
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* The Insurance Regulatory and Development Authority of India (IRDAI) approves appointment of Sandeep Batra as ICICI Prudential Board chairman.
The appointment of Batra will be effective from June 30, 2024, the company said.
Batra has also served as Executive Director, CFO at ICICI Prudential life and Group Compliance officer at ICICI Bank.
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* Vice Admiral Gurcharan Singh takes charge as Commandant of NDA.
Vice Admiral Gurcharan Singh assumed charge as Commandant of National Defence Academy (NDA), Khadakwasla, on Saturday from Vice Admiral Ajay Kochhar.
Vice Admiral Gurcharan Singh holds the distinction of being part of the commissioning crew of three Indian constructed warships, INS Brahmaputra as gunnery officer, INS Shivalik as executive officer, and INS Kochi as commanding officer.
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* Indian Oil Hands Over Green Hydrogen Fuel Cell Bus To Indian Army.
Speaking on the occasion, Army Chief General Manoj Pande said that the Indian Army is committed to exploring and adopting innovative technologies that enhance the Army’s operational capabilities while ensuring environmental sustainability.
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* World Menstrual Hygiene Day is a time to spotlight the importance of menstrual health- May 28
The importance of menstrual health and hygiene is increasingly recognized as an integral element in the promotion of public health, the advancement of gender equality, and the safeguarding of human rights, well aligned with the Sustainable Development Goals.
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* Poonawalla Fincorp Limited has partnered with IndusInd Bank to introduce the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card.
The card also provides a fuel surcharge waiver of 1% and additional rewards of 3000 reward points on milestone achievement.
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* New Algal Species Discovered in Kerala’s Western Ghats by Phycologists.
Several things make oedocladium sahyadricum unique. The algae were first recognized because they are dioecious and live on land. They have an advanced operculum and oval oogonium and oospore for reproduction.
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* Disney to sell 30% Tata Play stake to Tata Group; transaction valued at $1 billion.
The transaction values Tata Play at about $1 billion, according to Bloomberg. Tata Group took full control of the TV platform after buying the 29.8 per cent stake from Disney
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* IISc Bangalore top Indian institute in THE's Asia University Rankings 2023.
The rankings were released for 669 universities from 31 regions between Turkey in the west and Japan in the east.
In the full list, China's Tsinghua University retained the top spot for the fourth year in a row. In second place was another Chinese university, Peking University, which also retained the spot for the fourth year in a row.
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* South Korea completes development of long-range SAM system.
According to the MND, the L-SAM fulfilled its “technical development goals and was judged suitable for combat” in a recent DAPA test on the system.
The production of the L-SAM will initiate in 2025, and the system is scheduled to be deployed to the military in the late 2020s, the MND said.
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* Federal Bank and Tata AIA Life Insurance Announce Strategic Bancassurance Partnership.
Federal Bank has an extensive network, which will enable Tata AIA to further strengthen its footprint. Both the entities focus on technology enabled, consumer centric business model, adding to the synergies of the partnership.
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* New ant species discovered from Siang Valley in Arunachal Pradesh called Paraparatrechina neela.
Entomologists Priyadarsanan Dharma Rajan, Sahanashree R. (ATREE), and Aswaj Punnath (University of Florida) discovered a new ant species.
The scientific description of the ant was published in the peer-reviewed journal ZooKeys.
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* SEBI Launches ‘Settlement Calculator (BETA Version)’ to Provide Transparency in Calculating Settlement Amounts.
Further, the Settlement Calculator includes a user-friendly guide video to help users understand the process of arriving at the indicative settlement amount.
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* Pakistan launches PakSAT-MM1 ,a communication satellite with Chinese assistance.
SUPARCO added, "It will prove to be a stepping stone in the transformation of the country into digital Pakistan."
According to Xinhua, the launch marks the 524th flight of the Long March series of carrier rockets.
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* AIBEA to launch ‘Bank Clinic’ to help retail customers with grievance redress.
With the Bank Clinic, AIBERA hopes to earn goodwill of customers’ and give feedback to Banks on the areas where there is deficiency in service.
The All India Bank Employees’ Association (AIBEA) plans to set up an online ‘Bank Clinic’ to assist bank customers with grievance redress.
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* 77th World Health assembly held in Geneva ,Switzerland.
The Working Group on amendments to the International Health Regulations appears to be closer to producing a draft, but even this is not completed and WHA begins on Monday.
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* China’s Chang’e-6 probe has lifted off from the far side of the moon, starting its journey back towards Earth with lunar rocks.
Instead, the probe relied on relay satellite Queqiao-2, put into orbit in April, for communications.
The probe used a drill and robotic arm to dig up soil on and below the moon’s surface, according to state news agency Xinhua.
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* India Bag 7 Medals Including 3 Gold, 3 Silver, One Bronze in Taiwan Athletics Open .
In Men’s 800 metres, India’s Ankesh Choudhary bagged the gold, clocking 1 minute 50.63 seconds, while compatriot Somnath Chouhan won the silver medal clocking 1 minute 50.88 seconds. Hussein Lorana of Philippines won the bronze medal.
In Men’s pole vault, Dev Meena won the silver medal. Yong Fu Huang of Chinese Taipei also registered a leap of 5.10 metre. However, Yong won the gold medal courtesy of fewer fouls. Another Chinese Taipei athlete Huang Chen Chi took the bronze for a height of 4.80m.
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* International Sex Workers' Day is observed on June 2.
Each year, on 2 June, NSWP focuses on the theme of Access to Justice when commemorating International Sex Workers’ Day.
Sex workers around the world continue to face a wide range of barriers to accessing justice, both as victims of crime and when charged with crimes
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* World Bicycle Day is celebrated on 3 June.
The Assembly welcomed initiatives to organize bicycle rides at the national and local levels as a means of strengthening physical and mental health and well-being and developing a culture of cycling in society.
On 15 March 2022, the General Assembly adopted the resolution on integration of mainstream bicycling into public transportation systems for sustainable development.
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* Developed countries provided and mobilized USD 115.9 billion in climate finance for developing countries in 2022.
The report titled, ‘Climate Finance Provided and Mobilised by Developed Countries in 2013-2022,’ reveals that in 2022, climate finance was up by USD 26.3 billion from 2021, representing a 30% year-on-year increase, which is the biggest to date.
According to the report, public funds from bilateral and multilateral channels accounted for 80% of the total climate finance provided.
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* Dinesh Karthik officially announces retirement from all forms of cricket.
Karthik last played during the Indian Premier League (IPL) in May for Royal Challengers Bengaluru (RCB).
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* Armed Forces Medical Services & IIT Hyderabad ink MoU for Collaborative Research and Training.
Prof B S Murty expressed IIT Hyderabad’s dedication to addressing the problem statements presented by the Armed Forces, ensuring prompt and effective solutions to the challenges they face.
This collaboration marks a significant milestone in leveraging advanced technology and research to enhance the health and well-being of military personnel.
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* SEBI sets up Ad - Hoc committee to review ownership, economic structure of clearing corporations.
The decision has been taken in the wake of the substantial growth of Indian securities markets in recent years and the importance of clearing corporations as central risk management institutions.
In a statement, Sebi said that the committee has been entrusted with the task of reviewing ownership structure as well as finances of clearing corporations.
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* Punjab National Bank (PNB) & India Infrastructure Finance Company Ltd ( IIFCL) SIGN MOU FOR FINANCING INFRA PROJECTS.
The MoU signing ceremony was attended by Atul Kumar Goel, MD and CEO of PNB, and Padmanabhan Raja Jaishankar, MD of IIFCL. This partnership is anticipated to open new lending avenues for the country’s infrastructure projects.
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* STPI celebrates 33rd Foundation Day: Commemorates three decades of contributions towards building India's technological future.
· Two MoUs signed for bolstering skill-development and strengthening startup ecosystem.
· Report on “Cutting-Edge Tech Forging India as a Software Product Nation’” was released.
· Two web portals were launched for a better Startup Networking and Incubation Initiative.
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* Universal Sompo launches ‘insure today for a safe tomorrow’ campaign to promote awareness.
The campaign aims to increase insurance inclusion, educate the public about the benefits of insurance, and issue on-the-spot insurance policies for uninsured vehicles.
The company issued a policy for a few uninsured vehicles while dwelling on the awareness day.
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* DBS retains India GDP growth forecast at 7% for FY24-25.
An improvement in external balances, including the current account and gross external financial ratio, point to stronger defences in the face of global volatility.
The upcoming index inclusion augurs well for portfolio inflows, with higher reserves helping to limit large swings in the currency.
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* Russian cosmonaut Oleg Kononenko becomes first person to spend 1,000 days in space.
Oleg Kononenko achieved the milestone on Tuesday, having made five journeys to the International Space Station dating back to 2008.
His current trip to the ISS began Sept. 15, 2023, when he launched alongside NASA astronaut Loral O'Hara and compatriot Nikolai Chub.
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* SEBI issues framework for levying penalty for surveillance lapses.
SEBI’s new framework will be applicable from July 1.
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* PhonePe partners with PickMe to enable contactless payments for Indian travellers in Sri Lanka.
By integrating PhonePe’s UPI-based QR payment system into their platform, PickMe aims to minimise that stress for Indian travellers visiting Sri Lanka.
PhonePe users can make secure and quick payments for their rides with UPI.
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* PNB MetLife names Sameer Bansal new MD and CEO.
He succeeds Ashish Srivastava, who has been appointed managing director for New York-based MetLife Inc’s global shared services team in India.
The appointment is subject to necessary regulatory approvals, the company promoted by MetLife International Holdings and Punjab National Bank said in a news release Thursday.
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* NCLT approves the merger of Air India and Vistara.
The comprehensive order endorses a composite scheme of arrangement that will consolidate Air India, Vistara, and Talace under the Tata Group umbrella.
The order mandates that Air India must complete the merger within nine months.
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* SBI and Muthoot Microfin join forces to support women entrepreneurs.
Muthoot Microfin and SBI will co-lend to members of joint liability groups who are engaged in agricultural and allied activities as well as other income-generating enterprises.
The loan amounts will range from Rs 10,000 to Rs 3 lakh, Muthoot said.
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* June 8 is celebrated as World Brain Tumour Day each year.
It is our pleasure to be a part of this global activity and help raise awareness around the world.
In 2019 our activity was supported by a message from the Minister of Health.
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* Indian Army gets indigenous Man Portable Counter Drone System.
The Man Portable Counter Drone System (MPCDS), developed by AXISCADES, stands out as a game-changer in India’s defence capabilities.
The Man Portable Counter Drone System (MPCDS), developed by AXISCADES, stands out as a game-changer in India’s defence capabilities.
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* World Bank Raises GDP Projection to 6.6% for FY25.
Growth of domestic demand remained robust, with a surge in investment, including in infrastructure, offsetting a moderation of consumption growth as post-pandemic pent-up demand eased.
For 2025-26, World Bank similarly raised the growth projections from 6.5 per cent to 6.7 per cent.
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* Adani Defence & Aerospace, UAE's EDGE sign defence cooperation agreement.
The agreement aims to combine the two companies' product portfolios to meet the needs of both global and local customers.
The agreement will explore the establishment of research and development (R&D) facilities in India and the UAE.
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* IIT-H, Japan’s Renesas ink MoU for research on VLSI, embedded semiconductor systems .
Their partnership was facilitated by IIT-H Japan Desk that was established with Japan International Cooperation Agency’s support and seeks to drive innovation and talent development in India’s semiconductor industry, JICA said on Thursday.
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* Smt Vijayabharathi Sayani joins as a Member of National Human Rights Commission (NHRC), India.
She has served several professional and social organizations in various capacities including, among others, Anjani Matha Seva Trust, Samvardhinee Nyas, and Pragna Bharati, NGOs focusing on holistic and multi-dimensional empowerment of women.
She has conducted more than 100 workshops for female students in various colleges to build awareness about various issues and rights and has won several awards from different organizations for her work in the field of women's welfare.
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* Distinguished Indian wildlife biologist Johnsingh passed away.
The distinguished Indian wildlife biologist Asir Jawahar Thomas Johnsingh (October 14, 1945) died in Bengaluru due to ailment, his family said.
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* The All India Tennis Association has announced the Dilip Bose Award for lifetime achievement to coach Nar Singh and Rohini Lokhande.
The secretary general of AITA, Anil Dhupar, announced a new lifetime achievement award for women coaches.
Rohini was the first woman tennis coach to qualify from the National Institute of Sports.
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* India’s Sarabjot Singh wins gold in 10m air pistol.
The Asian Games gold medallist scored 242.7 in the final to win India’s first medal in Munich.
He also topped the qualification round with 588 points.
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* Assam secretariat becomes India's first eco - friendly state government headquarters.
From now onwards, the secretariat complex will run entirely on solar power, resulting in savings of Rs 30 lakhs every month on electricity bills, he added.
The CM said also that the government has decided that all official complexes will be fitted with solar panels, beginning with the medical colleges and universities across the state.
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* Narendra Modi takes oath as PM for the third term along with 71 ministers.
Jayant Chaudhary of the Rashtriya Lok Dal and Pratap Rao Jadhav of the Shiv Sena were accorded the status of Ministers of State with independent charge.
Anupriya Patel of the Apna Dal, Ram Nath Thakur of the JD(U), Chandrashekhar Pemmasani of the TDP and Ram Das Athawale of the Republican Party of India, were made Ministers of State.
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* Prem Singh Tamang sworn in as CM of Sikkim for 2nd term.
Governor Lakshman Acharya administered the oath of office and secrecy to Tamang and his council of ministers at a ceremony at Gangtok’s Paljor stadium.
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* Policy Loan Facility mandated in all Life Insurance Savings Products CIS to simplify policy details.
"This is an important step in the series of reforms taken up by the insurance regulator with interests of the policyholders at the core. A conducive environment is now facilitated to spur innovation, enhance customer experience and satisfaction," IRDAI said.
          ____________________________



* ACC Approves Re-appointment of Ajit Doval as National Security Advisor & P K Mishra as Principal Secretary to PM Modi.
Mishra is a former Indian Administrative Service (IAS) officer of the 1972 batch and retired as the Union Agriculture Secretary.
According to a personnel ministry order issued on Thursday, the Appointments Committee of the Cabinet approved the appointment of Doval as the NSA from June 10.
          ____________________________



* Mohan Charan Majhi sworn in as Odisha's 1st BJP CM, Kanak Vardhan Singh Deo & Pravati Parida took oath as Deputy CMs.
The new Chief Minister who shares Santhal roots with India's first Adivasi President Droupadi Murmu, has worn many hats - farmer, teacher in an RSS-run school, sarpanch, Adivasi rights advocate, and a crusader against the mining mafia.
          ____________________________



* Indian Navy Launches 5th MCA Barge, LSAM 13 (Yard 81)' at Maharashtra.
According to an official statement from the Ministry of Defence, the launching ceremony was presided over by Commodore Manish Vig, General Manager (QA), ND(MBI).
          ____________________________



* India Becomes the Most Represented Nation in THE University Impact Rankings 2024.
IIT Gandhinagar made the list between 301 to 400 rankings, IIT Guwahati was included in 401 to 500 rankings and IIM was in the 601 to 800 ranks. The Jawaharlal Nehru University made the list in the 901 to 1000 category.
          ____________________________



* Global Wind Day is celebrated on June 15th.
In 2012 there were 250 events around the globe and a popular photo competition.
          ____________________________



* RBI Imposes Rs 1.45 Cr Penalty on Central Bank of India.
The bank sanctioned a working capital demand loan to a Corporation against amounts receivable from the government by way of subsidies.
After considering the bank's response, the RBI found that charges against the bank were sustained.
          ____________________________



* World Crocodile Day is Celebrated on June 17.
Crocodiles are fascinating reptiles that inhabit diverse regions worldwide. They are native to North and South America, Africa, Australia, and Asia, thriving in various environments from freshwater rivers to coastal saltwater areas. This widespread distribution highlights their incredible adaptability and survival skills.
          ____________________________



* International Day for Countering Hate Speech is observed on 18 June.
Online hate speech might seem like an unstoppable tide, but strategies are being employed by governments, civil society, and individuals, to fight back.
          ____________________________



* ‘White Lotus’ actor Theo James named UNHCR global goodwill ambassador.
The United Nations Refugee Agency (UNHCR) named British actor Theo James as a global goodwill ambassador on Monday.
The U.N. High Commissioner for Refugees said last week the number of people forcibly displaced stood at a record 117.3 million at the end of last year, and that this figure could rise without without global political changes.
          ____________________________



* Sustainable Gastronomy Day is observed on June 18 every year.
Gastronomy is defined as a study of the relationship between food and culture.
The study can include nutritional information, food science, and cooking tips are also included. According to the UN, it can also refer to a style of cooking from a particular region.
          ____________________________



* India Possesses 172 Warheads; More Nuclear Weapons than Pakistan.
The report said that India's 'stored' nuclear warheads stood at 172 in January this year, slightly above Pakistan's 170.
The think-tank also said that India, Pakistan and North Korea were pursuing the capability to deploy multiple warheads on ballistic missiles -- known as Multiple Independently-targetable Reentry Vehicle (MIRV) technology.
          ____________________________



* Ophichthus Suryai, A New Species of Snake Eel Discovered Off Odisha Coast.
The detailed characteristics of this new species of Ophichthus Suryai were published in the Bulletin of Marine Science, an international journal on its latest edition of June 13 this year.
          ____________________________



* National Reading Day is celebrated on June 19.
National Reading Day originated as a tribute to P.N. Panicker’s contributions to the literacy movement in India.
          ____________________________



* International Day for the Elimination of Sexual Violence in Conflict is Observed on June 19.
On this International Day for the Elimination of Sexual Violence in Conflict, let us pledge to eliminate this scourge, stand in solidarity with survivors, and reaffirm our commitment to protecting hospitals and healthcare facilities during conflict.
          ____________________________



* World Sickle Cell Day is Observed on June 19.
Sickle Cell Disease is a chronic, single-gene disorder that causes a debilitating systemic syndrome characterized by chronic anemia, acute painful episodes, organ infarction, and chronic organ damage, significantly reducing life expectancy. SCD is a genetic blood disorder affecting the entire life of the patient, as it leads to various severe health complications.
          ____________________________



* India Post Payments Bank and Ria Partner to Launch Doorstep Remittance Services in Rural India.
The Ministry of Communications noted in the press release that 65% of India’s population lives in rural areas with limited financial infrastructure, thus necessitating long travels to withdraw their international inward remittance money from relatives working abroad.
          ____________________________



* Board of Axis Bank gives nod to hike stake in Max Life for Rs 336 cr.
Max Life Insurance is a subsidiary of Max Financial Services.
Post the acquisition, the stake of Axis Bank and its subsidiaries, including Axis Securities and Axis Capital, in the life insurer will increase to 19.99 per cent from the existing 19.02 per cent.
          ____________________________



* Each year on 20 June, the world celebrates World Refugee Day.
World Refugee Day shines a light on the rights, needs and dreams of refugees, helping to mobilize political will and resources so refugees can not only survive but thrive.
Many activities held on World Refugee Day create opportunities to support refugees.
          ____________________________



* RBI Monetary Policy Raises FY25 real GDP growth forecast to 7.2% from 7%.
This was the eighth time that RBI left rates unchanged, and notably for the entire FY24, the repo rate stood at 6.5 percent.
It also decided to remain focussed on 'withdrawal on accommodation'.
          ____________________________



* Madhya Pradesh CM Mohan Yadav Inaugurates PM Shri Tourism Air Service From Bhopal.
Chief Minister Dr Mohan Yadav inaugurated the ticket booking counter of the new service and also provided boarding passes to the passengers.
Under PM Shri Tourism Air Service, eight cities of the state, Bhopal, Indore, Jabalpur, Rewa, Ujjain, Gwalior, Singrauli and Khajuraho are being connected through air service.
          ____________________________



* Union Minister Dr. Jitendra Singh Assumes charge as Chairman of IIPA for 3rd Consecutive Term.
Science and technology Minister, Dr. Jitendra Singh also mentioned that Geo-spatial technology is becoming the new buzzword. He said “precise image gathering and high accuracy gives a disruptive advantage to the countries which have excelled it.”
          ____________________________



* World Hydrography Day is Celebrated on June 21.
As a part of the World Hydrography Day, a maritime workshop was conducted at the National Hydrographic Office on - Hydrographic Information - Enhancing Safety, Efficiency and Sustainability in Marine Activities on 20 Jun 24.
          ____________________________



* International Day of Celebration of the Solstice is observed on June 21.
The solstice as the embodiment of the unity of cultural heritage and centuries-long traditions.
          ____________________________



* World Music Day is Celebrated on June 21.
The concept of World Music Day originated in France in 1981, when Jack Lang, the French Ministry of Culture, along with music composer Maurice Fleuret, and a radio producer and music journalist, proposed the idea of dedicating a day to music. The first Fête de la Musique took place in Paris in 1982, with over 1,000 musicians performing throughout the city.
          ____________________________



* West Bengal Government Launched first-of-its-kind Centralized Admission for Undergraduate College Admission.
Through this portal, a candidate will be able to search for courses, colleges, and universities across the state and access all relevant details such as course-wise eligibility criteria, number of vacancies, formula for merit-index calculation, elective subjects offered by any college or higher education institution and other information.
          ____________________________



* According to Hurun Research Institute's ASK Private Wealth Hurun India Future Unicorn Index 2024, 25 Future Unicorn Dropped Out.
Among the start-ups that dropped out included CogoPort, NeoGrowth, Simple Energy, Gaana, Koo, Rapido, Dunzo, Paper Boat and Practo.
          ____________________________



* PM Hasina’s Delhi Visit Energizes Bangladesh-India Relations.
Bangladesh also has given its approval for India to send its experts to evaluate the Teesta River Project.
Bangladesh’s import payments data shows a jump in petroleum product imports.
          ____________________________



* Union Health Minister, Shri JP Nadda launches National STOP Diarrhoea Campaign 2024 .
Emphasized on the importance of sensitizing health workers along with enhancing capacity building efforts to strengthen diarrhoea management effort in India.
Shri Jadhav Prataprao urged officials to focus on cleanliness and setting diarrhoea prevention targets.
          ____________________________



* INSILLION Insurtech Platform enables Royal Sundaram General Insurance to integrate with India's largest ticketing site, IRCTC to issue 500k policies per day.
To meet the stringent requirements of a highly scalable solution, RSGI partnered with INSILLION to rapidly launch an embedded insurance offering leveraging their API platform and cloud architecture.
INSILLION is a market-leading provider of insurance sales and underwriting technology solutions across India.
          ____________________________



* World Refrigeration Day is celebrated every year on June 26.
World Refrigeration Day was the idea of refrigeration consultant Stephen Gill, former president of the Institute of Refrigeration in the UK.
In February 2019, the United Nations Environment Programme pledged support at the UNEP national ozone officers meeting in Paris. The inaugural World Refrigeration Day was held on 26 June 2019.
          ____________________________



* National Insurance Awareness Day is observed every year on June 28.
A right insurance help people secure their future and protect their family from unprecedented events.
From early adulthood to retirement, the right insurance helps a person secure the future of himself and his family.
          ____________________________



* Sebi forms 15-member working group to review derivative trading norms.
The working group has representatives from the market ecosystem, such as the exchanges, brokers, and academicians.
The market regulator will also be taking up another proposal in its upcoming board meeting this week on eligibility criteria for single stocks for entry into the derivatives segment.
          ____________________________



* India's largest leopard safari opens near Bengaluru.
Currently eight leopards have been released for the safari in the open forest area.
According to BBP officials, Bannerghatta is home to a good population of free ranging leopards (Panthera pardus), and highlighting these top predators is vital.
          ____________________________



* Govt monetises ₹1.56 lakh crore assets in FY24, falls short of ₹1.8 lakh crore target.
The government monetised assets worth ₹1.56 lakh crore under the National Monetisation Pipeline (NMP) in 2023-24, lower than the target of ₹1.8 lakh crore, an official statement said on Wednesday.
Asset monetisation is aimed at tapping private sector investment to create new infrastructure.
          ____________________________



* Om Birla elected Speaker of 18th Lok Sabha for 2nd consecutive term via voice vote.
Modi lauded the balance Birla had showed in maintaining the decorum of the House during his previous term, which involved taking several tough decisions.
They hoped that he would allow them to raise the voice of the people and not apply his restraint orders only to the Opposition benches.
          ____________________________



* NATO Allies select Mark Rutte as next Secretary General.
Mr. Rutte’s appointment was sealed by NATO ambassadors during a meeting at the 32-nation alliance’s headquarters in Brussels. U.S. President Joe Biden and his counterparts will formally welcome him to their table at a summit in Washington on July 9-11.
          ____________________________



* Indian economy likely to grow at 7.5% in FY25.
Recently, the Reserve Bank of India (RBI) raised its projections for India’s Gross Domestic Product (GDP) growth to 7.2% from 7% in FY25.
. Growth projections have been upgraded by various other agencies as well with the median projection at 6.9%.
          ____________________________



* Celebrated author Arundhati Roy has been named the recipient of the 2024 PEN Pinter Prize.
The selection of Roy as this year’s laureate was announced in April by a panel comprising Ruth Borthwick, Chair of English PEN, actor and activist Khalid Abdalla, and writer and musician Roger Robinson.
Roy will share this year’s award with a yet-to-be-announced Writer of Courage, a distinction given to a writer who, despite personal risk, has been an active defender of freedom of expression.
          ____________________________



* India Ends 11-Year Wait, Wins ICC Men’s T20 World Cup 2024.
Rohit Sharma-led India wins ICC Men’s T20 World Cup 2024.
Virat Kohli's 76 and Axar Patel's 47 set record score.
          ____________________________



* Indians Can Now Travel To Space With SERA, Blue Origin.
Program targets nations with limited history of sending astronauts to space. Initiative aims to expand global access to suborbital space travel opportunities.
          ____________________________



* DBS Bank India Partners with RXIL to Provide Pre-shipment Financing for MSMEs.
The focus of this initiative is on Micro, Small, and Medium Enterprises (MSMEs) in India.
The financing solutions will use RXIL's digital platform, enabling financing against receivables and trade-related instruments.
DBS Bank India's partnership highlights its commitment to fostering MSME growth through innovative financial products and services.
          ____________________________



* Challa Sreenivasulu Setty gets FSIB nod as next chairman of SBI after khara Retires.
Setty has a strong background in banking and finance, having served in various roles within SBI, including as Managing Director.
Setty will be the 27th Chairman of SBI
          ____________________________



* Indo-Russian Joint Venture Delivers 35,000 AK-203 Rifles to MoD.
Indo-Russian collaboration aims to bolster defense capabilities with state-of-the-art AK-203 rifles.
The delivery marks a significant milestone in Indo-Russian defense cooperation.
          ____________________________



* "India Launches Fauna of India Checklist Portal, Asserts Global Biodiversity Leadership on ZSI's 109th Foundation Day"
The Union Minister inaugurates Animal Taxonomy Summit-2024 organised by ZSI.
The minister, delegates and participants also listened to Prime Minister’s "MANN KI BAAT" during the programme.
          ____________________________



* IAS officer Manoj Kumar Singh takes over as Uttar Pradesh chief secretary.
Manoj Kumar Singh, a 1988-batch IAS officer of the Uttar Pradesh cadre, has replaced Durga Shankar Mishra, who is a 1984-batch IAS officer of the same cadre.
Chief Minister Yogi Adityanath has consistently shown confidence in Singh throughout his tenure.
          ____________________________



* Haryana Cabinet Approves IT Saksham Yuva Scheme for 5,000 Jobs.
The IT Saksham Yuva Scheme is part of a broader plan to enhance employment opportunities for underprivileged youth.
The scheme aims to support young individuals from poor families with job placements in the IT sector.
          ____________________________



* India's Solar Observatory Aditya-L1 Completes Halo Orbit.
Aditya-L1 spacecraft completes first halo orbit mission.
Aditya-L1 spacecraft successfully enters Sun-Earth Lagrange Point 1 orbit.
          ____________________________



* New Horned Frog Found In Arunachal Pradesh.
New frog species discovered in Arunachal.
Significant addition to biodiversity.
          ____________________________



* MP, Rajasthan, and GoI Sign MoU on Modified PKC-ERCP Link Project.
MoU for PKC link and ERCP planning signed, attended by Union Minister, Chief Ministers, and key officials
MoU signed for "Modified PKC-ERCP" integrates original PKC with Eastern Rajasthan Canal Project.
          ____________________________



* India-Mongolia Joint Military Exercise Begins In Meghalaya.
India-Mongolia joint military exercise, Nomadic Elephant, starts with 45 Indian personnel participating.
The exercise, held at Umroi, involves a battalion of Sikkim Scouts and other personnel.
          ____________________________



* 25th kargil vijay diwas is celebrated on 26 July 2024.
The day highlighted the strategic importance of the Kargil conflict in shaping India’s defense policies.
Veterans and families of martyrs were honored for their immense sacrifice and contribution to national security.
          ____________________________



* Puma India Signs Rising Cricket Stars Riyan Parag and Nitish Kumar Reddy.
Riyan Parag: Top uncapped run-getter, 2018 U-19 World Cup champion.
Nitish Kumar Reddy: Emerging Player title holder in recent cricket league headlines.
          ____________________________



* "Union Bank of India Launches 'Union Premier' Branches for Rural, Semi-Urban High-Value Customers.
Equipped with the latest digital technologies, the branches promise seamless and efficient banking, offering a swift and hassle-free experience.
          ____________________________



* Sampoornata Abhiyan’ launched by NITI Aayog.
Targets 12 key social sector indicators across all districts and blocks. Aims for 100% saturation of social sector indicators by September 30, 2024.
          ____________________________



* IAF chief inaugurates newly established weapon systems school.
Focuses on operating weapons in aircraft like Sukhoi-30 MKI and C-130J.
Enhances IAF's capability with space-based intelligence and imagery handling.
          ____________________________



* SBI Unveils Two New Initiatives on Its 69th Foundation Day.
SBI's initiatives focus on mobile banking upgrades and enhancing financial accessibility.
SBI aims to strengthen its leadership in banking through innovative customer-centric initiatives.
          ____________________________



* "MoRD and Convergence Energy Services Ltd. Sign MoU for Green Mobility in DAY-NRLM.
The MoU was signed by Joint Secretary, Rural Livelihoods from MoRD Smt. Smriti Sharan and MD & CEO, CESL from CESL Shri. Vishal Kapoor in the presence of Secretary, Rural Development Shri Shailesh Kumar Singh.
          ____________________________



* Karnataka government promotes investment in Seoul.
Karnataka aims to boost job creation through expanded industrial partnerships in Seoul. Minister Patil emphasizes growth in manufacturing and R&D sectors with Korean collaborations.
          ____________________________



* Maharashtra CM Launches ‘Ladka Bhau’ Job Training Scheme.
The ‘Ladka Bhau’ scheme aims to provide job training and financial support specifically targeting young men.
The announcement was made during the Ashadhi Ekadashi festival in Pandharpur, highlighting the scheme’s significance.
          ____________________________



* NASA set to Launch Habitable Worlds Observatory Telescope to Find Inhabitable Planets by 2050.
The Habitable Worlds Observatory aims to identify planets with potential life-supporting environments beyond our solar system.
Scheduled after the Roman Telescope, HWO will revolutionize our understanding of habitable zones in the universe.
          ____________________________



* Union Cabinet approves India's signing of the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement.
The BBNJ Agreement aims to enhance international cooperation for the sustainable management of marine biodiversity.
India joins global efforts to safeguard marine resources beyond national jurisdictions through the BBNJ Agreement.
          ____________________________



* Rajasthan to become first State to adopt a road safety action plan for 10 years.
Rajasthan aims to implement comprehensive road safety measures, backed by a government policy, targeting significant accident reduction.
Deputy Chief Minister Prem Chand Bairwa highlighted the policy's potential to enhance public safety and infrastructure.
          ____________________________



* Uttar Pradesh govt partners with MakeMyTrip to boost state's tourism sector.
This collaboration aims to improve infrastructure and promote UP's lesser-known destinations globally.
MakeMyTrip will support skill development programs for locals to enhance hospitality services.
          ____________________________



* Karnataka Launches 'Digital Nagarik' Programme For Cyber Safety Of Kids, Students.
The program aims to equip students and teachers with skills vital for navigating digital landscapes safely.
Meta's collaboration will also include workshops on cyber ethics and responsible digital citizenship.
          ____________________________



* DEPwD Signs Two Significant MoUs towards empowering persons with disabilities.
DEPwD's MoUs aim to enhance accessibility and sign language research, fostering inclusivity for persons with disabilities.
These MoUs focus on promoting digital accessibility and advancing sign language training for disabled individuals.
          ____________________________



* There is going to be a change in the top officials of PSU Insurance in which GMDs will be replaced by EDs.
The new structure aims to improve efficiency and decision-making within public sector insurance companies.
EDs will bring specialized expertise, aligning PSU insurers' governance with the practices followed in PSU banks.
          ____________________________



* Report of India’s G20 Task Force on Digital Public Infrastructure released.
The definition and framework of Digital Public Infrastructure (DPI) was approved during India's G-20 Chairship and will be taken forward for implementation during the Chairships of Brazil and South Africa.
The report highlights the pivotal role of DPI in economic growth, financial inclusion, and sustainable development.
          ____________________________



* LIC enters into tie-up with IDFC First Bank under corporate agency arrangement.
The partnership aims to leverage IDFC First Bank’s branch network to boost LIC’s insurance product distribution.
LIC’s new tie-up with IDFC First Bank will enhance customer access to insurance solutions across various regions.
          ____________________________



* DRDO Sanctions 7 New Projects Under Tech Development Fund.
DRDO's initiatives enhance India's self-reliance, fostering growth in defence technology among MSMEs and start-ups.
New projects bolster the defence sector, ensuring cutting-edge advancements for armed forces' operational efficiency.
          ____________________________



* Greenko secures NABFID sanction for Rs 6200 crore.
This move by Greenko underscores its strategy to optimize financial costs and strengthen its financial position.
          ____________________________



* France, Germany, Italy & Poland Sign LoI for Joint Long-Range Cruise Missile Development
The initiative aims to bolster European strategic autonomy and strengthen defense cooperation among member states.
Joint development seeks to integrate cutting-edge technology for enhanced missile capabilities and security readiness.
          ____________________________



* Chardham Pilgrims can now create their Ayushman Bharat Health Account (ABHA) on the eSwasthya Dham portal.
This new portal will facilitate easy access to healthcare services in hospitals for Chardham pilgrims.
Creating an Ayushman Bharat Health Account will enable pilgrims to avail healthcare benefits for their professional group.
          ____________________________



* CBIC notifies amendment to GSTR-1A for revising sales return.
The amendment allows businesses to rectify errors in their previously submitted GSTR-1A forms, ensuring accurate reporting of sales transactions.
CBIC's decision aims to simplify the compliance process for taxpayers by providing them with the flexibility to make necessary adjustments to their GST filings.
          ____________________________



* Odisha CM felicitates Sudarsan Pattnaik for winning gold at International Sand Sculpture Championship.
Sudarsan Pattnaik's sand art promotes cultural diplomacy, showcasing India's rich artistic heritage globally. His achievements inspire budding artists and elevate Odisha's prominence in global artistic competitions.
          ____________________________



* Argentina beat Colombia to win record 16th crown.
Lautaro Martinez's goal in extra time clinched Argentina's victory, sealing their 16th Copa America triumph.
          ____________________________



* MoHUA organises “Utkrishtata ki Ore Badhte Kadam” event.
The event emphasized digital solutions to improve urban infrastructure and enhance citizen services.
Awards were given to municipalities excelling in innovation and sustainable practices.
          ____________________________



* NITI Aayog released Report on ‘Electronics Powering India’s Participation in Global Value Chains.
The report highlights strategies to enhance India’s role in the global electronics supply chain and manufacturing.
NITI Aayog’s analysis addresses key challenges and opportunities in India’s electronics sector for future growth.
          ____________________________



* GRSE Wins ₹840 Crore Deal for Ocean Research Vessel.
The vessel will enhance India’s capabilities in ocean research and polar exploration.
GRSE’s recent orders boost its position in the shipbuilding industry.
          ____________________________



* DOT's NTIPRIT and WIMTDC Merged into NCA Under Dr. Neeraj Mittal.
The NCA aims to unify cybersecurity and telecom policy efforts under one authority for better efficiency.
Dr. Neeraj Mittal’s leadership will focus on advancing training programs and innovative solutions in cybersecurity.
          ____________________________



* China Launches New Gaofen-11 05 Earth Observation Satellite.
Gaofen-11 05 enhances China's capabilities in monitoring natural resources and infrastructure development through detailed imagery.
The satellite's advanced sensors will aid in real-time surveillance and data collection for strategic planning.
          ____________________________



* Union Minister G.Kishan Reddy Launches Mineral Exploration Hackathon and National DMF Portal in Hyderabad.
Aim is to identify new mineral targets, especially deep-seated ore bodies.
Bihar's Deputy Chief Minister, Shri Vijay Kumar Sinha, and officials from Ministry of Mines attended.
          ____________________________



* Govt extends R P Goyal's additional charge as NHPC CMD by 3 months.
The extension provides continuity in NHPC's leadership, crucial for ongoing projects and organizational stability.
R P Goyal's extended tenure underscores the government's trust in his leadership and management skills.
          ____________________________



* Government of India upgrades IRCTC to 'Schedule A' CPSE.
The upgrade aims to improve IRCTC's financial performance and governance standards within the public sector framework.
This reclassification may enhance investor confidence and attract more investments for IRCTC’s future expansion projects.
          ____________________________



* Fusion Micro Finance Ltd Changes Their Name to Fusion Finance Ltd.
Fusion's rebranding aims to enhance its corporate identity and better reflect its expanding range of financial services.
The company has successfully disbursed loans to over 3 million customers across 19 Indian states.
          ____________________________



* National broadcasting Day is celebrated on 23 July 2024.
The day marks the launch of All India Radio, enhancing India's communication and information dissemination.
Celebrations highlight the role of broadcasting in shaping public opinion and providing news coverage.
          ____________________________



* BoB Unveils AI Virtual Relationship Manager and UPI Credit Line.
The VRM offers personalized banking experiences, adapting to individual customer needs and preferences.
The UPI credit line simplifies transactions, providing immediate access to funds for various financial needs.
          ____________________________



* Rashtriya Raksha University (RRU) and NSE IX signed MoU for cooperation in economic security.
The MoU aims to enhance collaboration on economic and financial security strategies between RRU and NSE IX.
The agreement will focus on developing joint initiatives and research for improving economic security frameworks.
          ____________________________



* India's Rank Falls to 82nd in Henley Passport Index Singapore Ranked First"
India's decline in rank signifies reduced international mobility compared to other nations.
Singapore maintains its top position with unparalleled global travel access for its passport holders.
          ____________________________



* Tata and Airbus to establish India's first private helicopter assembly for H125 choppers.
Tata Advanced Systems Ltd (TASL) and Airbus Helicopters have signed a deal to set up a final assembly line (FAL) in India for single-engine H125 choppers.
The partnership aims to enhance India's position in the global helicopter market.
          ____________________________



* World in vitro fertilization ( IVF) day is celebrated on 25 july .
IVF Day promotes global awareness of infertility treatments and celebrates breakthroughs in reproductive technology.
It honors the contributions of fertility specialists and advocates for expanded access to IVF services worldwide.
          ____________________________



* UN’s SOFI 2024 reports that Hunger affected around 9% of world population in 2023.
The SOFI 2024 report emphasizes the need for improved agricultural practices to combat food insecurity effectively.
Climate change's impact on food production is identified as a major factor worsening global hunger rates.
          ____________________________



* Hindustan Zinc launches EcoZen, Asia’s first low-carbon ‘green’ zinc brand.
EcoZen is produced using renewable energy sources to minimize environmental impact.
The initiative enhances Hindustan Zinc’s position as a leader in sustainable mining solutions.
          ____________________________



* Apurva Chandra Releases Report on Economic Benefits of Investing in Adolescent Well-Being in India.
Investing in adolescent well-being can reduce future healthcare costs and improve productivity in the workforce.
Early interventions in youth development yield long-term economic benefits, reducing poverty and inequality.
          ____________________________



* RBI issues prompt corrective action framework for urban cooperative banks.
PCA framework enforces strict performance benchmarks, requiring UCBs to improve financial stability and operational standards.
The RBI's initiative aims to prevent potential defaults and safeguard the interests of depositors in urban cooperative banks.
          ____________________________



* Government to Roll Out Vaccination Portal 'U-WIN' For Pregnant Women and Children.
The 'U-WIN' portal will provide vaccination reminders and health tips to registered users.
'U-WIN' will offer a user-friendly interface for easier access to vaccination records and appointment scheduling.
          ____________________________



* Khan Quest 2024 begins in Ulaanbaatar with AI systems and the Madras Regiment Battalion.
Khan Quest 2024 is an international military training event. The Indian Madras Regiment Battalion is participating in the exercise.
The exercise features advanced AI systems for real-time scenario simulation and predictive analytics.
          ____________________________



* Nicolás Maduro Re-Elected for 3rd Term as Venezuela's President.
Opposition leaders claim the election process was heavily manipulated, limiting their participation and influence.
International sanctions on Venezuela may intensify following Maduro’s re-election, affecting the country’s economic recovery efforts.
          ____________________________



* Education Ministry Launches 'Shiksha Saptah' Campaign to Celebrate NEP 2020's 4th Anniversary.
Special workshops for teachers and students will be held nationwide during 'Shiksha Saptah'.
Educational innovations under NEP 2020 will be showcased in various exhibitions.
          ____________________________



* Union Minister Bhupendra Yadav Launches 'Ideas4Life' Initiative at IIT Delhi.
Ideas4Life' will include mentorship programs with industry experts for students and researchers.
The initiative aims to host annual innovation contests to encourage breakthrough solutions.
          ____________________________



* NIIT IFBI Announces ACE Banker Program in Collaboration with HDFC Bank.
The ACE Banker Program provides specialized certification, boosting participants' credibility in the competitive banking industry.
The collaboration aims to address the skills gap in banking by integrating practical training with industry expertise.
          ____________________________



* World day against trafficking in persons is celebrated on 30 july 2024.
Strengthening international cooperation is crucial to dismantling human trafficking networks and ensuring justice for victims.
Public education campaigns play a vital role in preventing trafficking and supporting survivors.
          ____________________________



* GoI & ADB Sign $200 Million Loan Agreement for Enhanced Urban Sanitation.
The loan will prioritize underserved areas, aiming to provide equitable access to modern sanitation services.
ADB will also offer technical assistance to enhance the efficiency of the urban sanitation projects.
          ____________________________



* RBI's Digital Payments Index Rises 12.6% YoY in March 2024.
Increased digital literacy and financial inclusion are driving the growth of digital payments in India.
RBI's DPI reflects significant growth in both urban and rural digital payment adoption across the country.
          ____________________________



* CSIR-IICT Scientist Dr. S. Sridhar Inducted as Fellow of the Royal Society of Chemistry, London.
Dr. Sridhar's induction as Fellow underscores his global recognition and influence in the field of chemistry.
The Royal Society of Chemistry fellowship highlights CSIR-IICT’s role in advancing scientific research and innovation.
          ____________________________



* Defense Ministry and UPEIDA sign MoU to set up 3 testing facilities in Uttar Pradesh.
These facilities will boost local industry by fostering collaboration between defense organizations and regional manufacturers.
The initiative aligns with the government's 'Make in India' campaign, promoting indigenous defense production.
          ____________________________



* IND-Ra has raised FY25 GDP growth forecast to 7.5%.
Ind-Ra cites strong domestic consumption and investment as key drivers for the revised growth forecasts.
The upgrade reflects confidence in India’s economic stability amid global economic challenges.
          ____________________________



* Muslim women's rights day is celebrated on 1st August 2024.
Muslim Women’s Rights Day underscores the importance of legal reforms to protect and enhance the rights of Muslim women.
The day emphasizes community support for initiatives aimed at reducing disparities and improving Muslim women’s quality of life.
          ____________________________



* World finTech day is celebrated on 1st August 2024.
The event showcased emerging FinTech trends, emphasizing their role in shaping the future of financial services.
Key discussions focused on cybersecurity in FinTech, highlighting its importance for protecting financial transactions and data.
          ____________________________



* Karnataka Cabinet clears proposal to rename Ramanagara district as Bengaluru South district.
The renaming reflects the growth and expansion of Bengaluru's metropolitan area.
Local residents and officials support the name change for improved administrative clarity.
          ____________________________



* Signing of Donor Agreement between Ministry of Ayush, Government of India and WHO.
The agreement will support global research initiatives on traditional medicine practices and their integration into modern healthcare.
The partnership aims to standardize traditional medicine practices and improve international health collaboration.
          ____________________________



* Thales and Garuda Aerospace Sign MOU to Secure Drone Operations in India.
The partnership will boost innovation in drone technology, promoting safer and more reliable operations nationwide.
Both companies will work together to enhance regulatory compliance and address potential security challenges in drone operations.
          ____________________________



* PwC India and Microsoft India have signed an agreement to strengthen cyber security.
The partnership aims to integrate advanced AI and machine learning for proactive threat identification.
Joint efforts will focus on enhancing incident response capabilities for quicker and more effective resolutions.
          ____________________________



* Union Minister Pralhad Joshi launched PMS mobile app 4.0 and DCA expanded price monitoring to 38 commodities.
The updated app includes features for more accurate and real-time tracking of prices across a wide range of essential commodities, improving user experience and accessibility.
Version 4.0 introduces a more intuitive and user-friendly interface, making it easier for users to navigate and access relevant price information.
          ____________________________



* RBI Grants Fit and Proper Certificates to Three Potential Suitors for IDBI Bank.
The RBI's certification boosts confidence in IDBI Bank’s privatization, attracting more serious investors to the process.
Successful bidders will help streamline IDBI Bank’s operations and contribute to its long-term growth and stability.
          ____________________________



* China Successfully Launches New High-Orbit Internet Services Satellite WHG-02.
The WHG-02 satellite will support enhanced data transfer rates and lower latency for internet services globally.
This mission strengthens China's position as a leading player in the global space industry and satellite technology.
          ____________________________



* Government Extends Deadline for CPSEs to Meet MSP Norms Until August 2026.
The extension will help CPSEs manage compliance challenges more effectively and avoid potential penalties.
This move reflects the government's focus on supporting public sector enterprises amid evolving regulatory requirements.
          ____________________________



* Union Home Minister Amit Shah Launches 4 Apps for 3 New Criminal Laws in Chandigarh.
The apps will facilitate easier case management and tracking for law enforcement agencies.
Citizens can access real-time updates on their legal matters through these digital tools.
          ____________________________



* Bharat Forge's Kalyani Strategic Systems Secures License to Manufacture Defense Products.
The license supports local production and technology development in the defense sector.
This step strengthens strategic partnerships and boosts job creation in the defense industry.
          ____________________________



* India and Saint Kitts & Nevis(SKN) Sign MoU on Cooperation in the Field of Sports.
The MoU includes initiatives for joint sports events and training programs between India and Saint Kitts & Nevis.
Both countries will work together to promote youth participation in sports and exchange cultural sports practices.
          ____________________________



* J&K Bank Launches "Kisan Ka Samman" to Empower Farmers in Jammu & Kashmir.
The "Kisan Ka Samman" scheme also includes specialized training programs for farmers to adopt modern agricultural practices and improve crop yields.
J&K Bank will collaborate with local agricultural institutions to ensure the successful implementation of the scheme and provide continuous support to farmers.
          ____________________________



* Hiroshima day is celebrated on 6 August 2024.
Hiroshima Day underscores the need for continued international dialogue on nuclear non-proliferation and global peace efforts.
The day also highlights the enduring legacy of survivors and the importance of educating future generations about peace.
          ____________________________



* Quality Council of India introduces QCI Surajya Recognition & Ranking Framework to Drive Excellence in Key Sectors
The framework will support organizations in achieving higher standards by offering detailed assessments and feedback.
It aims to create a competitive environment where organizations strive for continual advancement and sector leadership.
          ____________________________



* SBI General Insurance and HSBC Bank India Enter Bancassurance Partnership.
HSBC India customers gain access to a wider range of insurance products through SBI General Insurance’s offerings.
The partnership aims to enhance insurance distribution and provide tailored solutions to meet varying customer needs.
          ____________________________



* Indian Army conducts 'Parvat Prahaar' exercise in Ladakh, focuses on high-altitude ops.
The exercise involved joint operations between the Army's mountain divisions and specialized high-altitude units.
It emphasized improving coordination between ground troops and air support for rapid response in mountainous regions.
          ____________________________



* India may take 75 years to reach one-quarter of US income per capita according to World Bank.
The report suggests that India’s economic reforms need to be more aggressive to improve per capita GDP rapidly.
Income inequality between India and the US underscores the need for targeted policies to enhance economic growth.
          ____________________________



* Capital Small Finance Bank Limited Forms Bancassurance Partnership with Edelweiss Life Insurance.
The partnership aims to expand market reach and offer innovative insurance products to a broader audience.
Both companies anticipate increased cross-selling opportunities and enhanced customer engagement through this collaboration.
          ____________________________



* On 7 August 2024, the Competition Commission of India (CCI) approved major mergers and acquisitions.
The CCI's approvals aim to enhance competition across multiple industries, driving innovation and consumer benefits.
Approved deals include major players in tech and pharma, signaling growth and competitive dynamics in these Sectors.
          ____________________________



* Indian Gold Sector Establishes First Self-Regulatory Body to Enhance Consumer Trust.
The body will enforce strict compliance with gold purity standards to prevent fraud and maintain industry integrity.
It will offer a grievance redressal mechanism for consumers to resolve disputes efficiently and transparently.
          ____________________________



* SEBI approves Praveena Rai as new MD & CEO of Multi Commodity Exchange (MCX).
Parveena Rai's appointment is anticipated to strengthen MCX's market strategies and operational efficiency significantly.
The decision underscores SEBI's commitment to appointing experienced leaders for advancing India's financial markets.
          ____________________________



* Prime Minister Narendra Modi Approves Major Infrastructure Projects and Housing Scheme Expansion on August 9, 2024.
Cabinet approves increased funding for renewable energy projects to boost sustainable development.
Government endorses new policies to expand digital infrastructure and improve internet access nationwide.
          ____________________________



* SBI Signs MoU with Jakson Engineers to Boost Solar Energy Adoption in India.
SBI to offer special loans for solar installations under the partnership with Jakson Engineers.
Jakson Engineers will provide technical support to optimize solar energy solutions for various customer needs.
          ____________________________



* Former CAF (Confederation of African Football) President Issa Hayatou Passes Away.
Hayatou was the longest-serving CAF president, shaping the organization for nearly three decades.
His leadership helped elevate the Africa Cup of Nations to a globally recognized tournament.
          ____________________________



* MNRE Issues Operational Guidelines for Model Solar Village Scheme Under PM Surya Ghar Muft Bijli Yojna.
The scheme will facilitate the installation of solar panels in remote villages, improving energy access and reliability.
Beneficiaries will receive technical support and training to maintain solar systems, ensuring long-term operational efficiency.
          ____________________________



* Axis Bank and Visa Launch Primus Credit Card for India's Elite.
The Primus Credit Card offers exclusive access to premium events and luxury lifestyle experiences.
Cardholders receive dedicated 24/7 customer support and customized financial advisory services.
          ____________________________



* 28th Conference of Central and State Statistical Organisations Successfully Held in New Delhi.
The conference highlighted the role of big data in policy-making and its potential to revolutionize governance.
Training programs were proposed to enhance the skills of statisticians in using advanced analytical tools and techniques.
          ____________________________



* USA Accounts for Highest Foreign Portfolio Investment in India, SEBI Report Reveals.
U.S. FPI inflows contribute to enhanced market confidence and stability in India’s financial sector.
Increased American investments signal strong foreign interest and growing optimism towards India’s economic prospects.
          ____________________________



* International left-handers day is celebrated on 14 August 2024.
Left-Handers Day promotes the development of tools and resources tailored for left-handed individuals, enhancing their daily convenience.
The day encourages educational institutions and workplaces to adapt environments for better accessibility and support for left-handed people.
          ____________________________



* India and Israel Partner To Establish A New CoWT ( Centre of water Technology) At IIT Madras.
The CoWT at IIT Madras will drive advancements in water purification, conservation, and management technologies.
The initiative aims to improve water infrastructure and provide solutions relevant to both countries and globally.
          ____________________________



* RBI penalized Bank of Maharashtra with Rs 1.27 crore for breaching directives like Know Your Customer(KYC).
The penalty is for breaching regulatory directives, including lapses in Know Your Customer (KYC) compliance.
This fine reflects the RBI's enforcement of compliance standards and the consequences for banks failing to meet regulatory requirements.
          ____________________________



* (MoA&FW) Ministry of Agriculture & Farmers' Welfare Launches AI-Powered National Pest Surveillance System to Empower Farmers.
The system supports sustainable agriculture by reducing reliance on chemical pesticides through early pest detection.
Farmers can access real-time pest data via mobile apps, empowering them to take prompt and informed decisions.
          ____________________________



* Kotak Band Announces Amalgamation of Sonata Finance and BSS Microfinance.
The merger is set to enhance customer access to diverse financial services and expand market reach.
Both companies will leverage combined resources to innovate and improve financial solutions for their clientele.
          ____________________________



* Union Cabinet gives approval to three new Metro projects.
The projects will boost real estate development along the new metro corridors, increasing property values in those areas.
These metro expansions are expected to reduce pollution by encouraging the use of public transport over private vehicles.
          ____________________________



* Delhi's IGIA Becomes First Airport in India to Achieve Net Zero Carbon Emission Status Under Airports Council International (ACI).
IGIA’s achievement supports India’s broader environmental goals, aligning with global standards for airport sustainability and climate action.
This recognition highlights IGIA’s leadership in green technology adoption and its role in reducing aviation sector emissions.
          ____________________________



* Union Minister Amit Shah Launches Tarun Chugh's Book "Modi's Governance Triumph: Reshaping India's Path to Prosperity.
The book outlines Modi's major policy initiatives and their role in shaping India's economic landscape.
Amit Shah commended Tarun Chugh's insightful portrayal of Modi's strategic governance and its nationwide impacts.
          ____________________________



* World photography day is celebrated on 19 August 2024.
World Photography Day highlights the contributions of photographers in documenting historical and cultural events.
The day fosters global appreciation and understanding of photography's role in storytelling and visual communication.
          ____________________________



* RBI Tightens Norms for NBFC-P2P Lending Platforms to Enhance Transparency and Compliance.
Platforms must now conduct regular audits to ensure adherence to the new compliance standards set by the RBI.
The RBI will increase scrutiny of P2P lending operations to prevent potential financial misconduct and ensure regulatory adherence.
          ____________________________



* Bayanat and Yahsat Launch UAE's First Low Earth Orbit Synthetic Aperture Radar (LEO SAR) Satellite for Earth Observation in Partnership with ICEYE.
The satellite will improve UAE’s disaster response and environmental management through detailed Earth surface monitoring.
It supports UAE’s space ambitions, enhancing capabilities in remote sensing and geospatial data analysis.
          ____________________________



* Lok Sabha Speaker Forms Six New Parliamentary Committees for 2024-25.
The committees are expected to improve legislative efficiency and facilitate detailed reviews of key policies and proposals.
Each committee will be chaired by a senior MP, ensuring experienced leadership and enhanced effectiveness in their functions.
          ____________________________



* Sanjiv Ranjan Appointed Secretary General of IORA Secretariat for a Three-Year Term Beginning January 2025.
Sanjiv Ranjan will focus on enhancing regional trade and maritime security during his tenure. His leadership aims to strengthen partnerships among IORA member nations.
          ____________________________



* World senior citizen's day is celebrated on 21 August 2024.
The day aimed to improve social inclusion and quality of life for senior citizens across the globe.
          ____________________________



* According to RBI Data, NRI Deposits Surge USD 4 Billion in Q1 Amidst 24% Drop in Outward Remittances.
Increase in NRI deposits suggests heightened investment in India's financial sector.
Drop in outward remittances could indicate shifts in global financial strategies among NRIs.
          ____________________________



* India Approves Additional 251 MW Power Exports from Nepal.
The increased power exports will reduce energy shortages in Indian states and support Nepal’s hydropower industry growth.
This agreement reflects ongoing regional collaboration, aiming to integrate South Asian energy markets for enhanced stability.
          ____________________________



* Ministry of New and Renewable Energy Minister Chairs Historic Agreement Signing for Exporting Green Ammonia from India to Japan with Singapore.
The agreement underscores India's role as a key player in the global green energy market.
Enhanced energy security and reduced carbon footprint are expected outcomes of this collaboration.
          ____________________________



* RBI Governor Shaktikanta Das Rated A+ in Global Finance Central Banker Report Cards 2024.
Das’s leadership has been instrumental in implementing monetary policies that support economic growth and stability in India.
The A+ rating signifies international recognition of Das’s role in enhancing the RBI’s global reputation.
          ____________________________



* First ever national space day is celebrated on 23 August 2024.
The celebration includes educational workshops and space exhibitions to enhance public understanding of space science and technology.
Prominent space missions and achievements are showcased to inspire the younger generation about potential careers in space.
          ____________________________



* International day of remembrance of the slave trade and its abolition is celebrated on 23 August 2024.
The day emphasizes learning from history to combat modern-day slavery and exploitation worldwide.
UNESCO encourages global participation in events to deepen understanding of slavery’s legacy and promote justice.
          ____________________________



* DARPG (Department of Administrative Reforms and Public Grievances) Signs MoU with Malaysia for Five-Year Cooperation in Digital Governance Systems.
The MoU aims to boost digital skills and expertise exchange between India and Malaysia’s government sectors.
This partnership will support joint projects and research in digital governance technologies and innovative solutions.
          ____________________________



* Tata AIA Life Unveils 'Sampoorna Raksha Promise,' a New Term Insurance Product.
Sampoorna Raksha Promise' offers a flexible premium payment option to suit various financial situations and needs.
The plan provides a lump sum benefit at the end of the policy term, enhancing long-term financial security.
          ____________________________



* Bajaj Allianz General Insurance and HSBC India (Hongkong and Shanghai Banking Corporation) Form Bancassurance Partnership to Expand Product Reach.
HSBC customers will gain access to a wider range of insurance products through Bajaj Allianz’s offerings.
The partnership aims to strengthen customer service and expand insurance accessibility across various regions in India.
          ____________________________



* Department of Posts and ISRO's National Remote Sensing Centre Forge Partnership to Revolutionize India's Addressing System.
The digital address system will enhance emergency response times by providing precise location data.
The partnership will also support e-governance initiatives by improving citizen access to government services.
          ____________________________



* Piramal Finance and Central Bank of India Form Strategic Co-Lending Partnership.
The partnership will offer innovative loan products tailored to specific needs of diverse customer segments.
Both institutions aim to streamline loan approval processes, reducing turnaround times for borrowers.
          ____________________________



* Planet Launches Tanager-1, Its First Hyperspectral Satellite, and 36 SuperDoves with SpaceX.
Tanager-1 enhances Planet's ability to monitor climate change and environmental shifts with unprecedented precision.
The launch signifies SpaceX’s ongoing partnership with Planet Labs in advancing global satellite imaging technology.
          ____________________________



* Indian Defence Minister Rajnath Singh’s US Visit Focuses on Deepening Military Ties, Bilateral Defence Cooperation, and Technological Advancements.
Singh's visit also focused on increasing interoperability between Indian and US military forces for better operational synergy.
The trip included discussions on expanding defence trade and investment opportunities between India and the US.
          ____________________________



* Sindhu Gangadhar, MD of SAP Labs India, Appointed Chairperson of National Association of Software and Service Companies (NASSCOM).
Gangadhar's appointment signals a new strategic direction for NASSCOM, focusing on emerging technologies and digital transformation.
As Chairperson, Gangadhar will work to strengthen partnerships between NASSCOM and global tech organizations.
          ____________________________



* ACC Approves Satish Kumar's Appointment as Chairman and CEO of Railway Board.
Satish Kumar's appointment aims to drive railway modernization and improve operational efficiency across the Indian Railways.
Kumar’s leadership is expected to accelerate infrastructure development and enhance passenger services within the railway network.
          ____________________________



* Jal Jeevan Mission Celebrates 5th Anniversary Significant Progress in Providing Tap Water to Rural India.
The mission has successfully provided tap water to over 13 crore rural households across India.
The campaign promotes community participation in water conservation and sustainable use.
          ____________________________



* Pradhan Mantri Jan Dhan Yojana Celebrates 10 Years of Successful Implementation.
PMJDY has facilitated easier access to credit for underserved communities, boosting economic activities and small businesses.
The scheme has integrated digital banking features, enhancing the convenience of financial transactions for millions of users.
          ____________________________



* Yes Bank Partners with Newtap Finance to Offer Innovative Financing Solutions.
The partnership will integrate digital tools for seamless financial transactions and improved user experience.
Newtap Finance's technology will enhance Yes Bank’s product offerings, driving innovation in the financial sector.
          ____________________________



* India Wins Silver at Maruhaba Cup and Secures First-Ever Surfing Spots for Asian Games 2024.
India's silver win at Maruhaba Cup is a significant boost for surfing's growth and recognition in the country.
The inclusion of surfing in the Asian Games highlights the sport's increasing popularity and future potential in India.
          ____________________________



* Axiom Space and Nokia Partner to Introduce 4G Technology in NASA's Lunar Spacesuits.
The 4G integration allows for seamless video streaming from the lunar surface, enhancing remote collaboration and research.
Astronauts will benefit from real-time data transfer, improving decision-making and operational efficiency during lunar missions.
          ____________________________



* New Plant Species Cleistanthus deekshabhoomiana Discovered in Maharashtra"
Cleistanthus deekshabhoomiana was found in a previously unexplored region of Maharashtra, increasing our understanding of local flora.
The discovery emphasizes the need for ongoing research to identify and protect lesser-known plant species in India.
          ____________________________



* In the 8th EPC meeting, the Transport Ministry approved grants of ₹50 lakh each to 4 start-ups in transport technologies.
The grants are intended to accelerate the growth of innovative transport solutions and improve sector efficiency.
The approved start-ups will contribute to reducing carbon emissions and enhancing overall transport sustainability.
          ____________________________



* CCI Approves Merger of RIL (Reliance Industries Limited) 's Media Assets with Walt Disney.
The merger will leverage Disney's global platform and RIL's local expertise to drive regional content growth.
The consolidation aims to streamline operations, improve efficiency, and foster stronger partnerships within the media sector.
          ____________________________



* "Union Minister Smt. Annpurna Devi Launches SHe-Box Portal and New Ministry Website to Enhance Workplace Safety for Women.
The portal includes information on Internal Committees (ICs) and Local Committees (LCs) across government and private sectors.
The event was attended by Minister of State Smt. Savitri Thakur, Secretary Shri Anil Malik, and other officials are also involved.
          ____________________________



* Gautam Adani Becomes India's Richest Man According to 13th Hurun India Rich List 2024.
Adani's wealth surge reflects the booming success of his diversified business ventures across various industries.
The 2024 list highlights the growing influence of business leaders in shaping India’s economic future.
          ____________________________



* Indian Navy Commissions Indian Naval Design Arihant-Class Submarine in Visakhapatnam.
The Arihant-Class submarine enhances India's underwater capabilities with nuclear deterrent and strategic strike options.
This commissioning boosts India's maritime dominance, showcasing advanced engineering and defense technology.
          ____________________________



* ISRO Successfully Demonstrates Satellite Technique to Study Ocean and Soil Parameters.
ISRO’s innovation enhances precision in environmental monitoring, crucial for disaster management and climate change adaptation.
          ____________________________



* Dawid Malan Announces Retirement from International Cricket.
Malan's retirement ends a remarkable career with over 1,000 runs in T20 Internationals and multiple match-winning innings.
England will need to find a new top-order batsman to fill Malan's crucial role in future matches.
          ____________________________



* Ministry of Skill Development and Entrepreneurship (MSDE) Signs MoU with Visa to Upskill 20,000 Youths for Tourism Industry.
The training will include modules on customer service, digital tools, and hospitality management to enhance tourism skills.
This initiative aims to bridge the skill gap in the tourism sector and drive sustainable employment growths.
          ____________________________



* India and Saudi Arabia Sign MoU to Enhance Bilateral Cooperation in Public Sector.
The MoU includes training programs to enhance skills and knowledge sharing between Indian and Saudi public sector employees.
The agreement sets up a joint committee to oversee and evaluate the progress of collaborative projects.
          ____________________________



* IPS Officer Rajwinder Singh Bhatti Appointed as DG of CISF.
Bhatti's appointment is aimed at strengthening CISF's role in safeguarding critical infrastructure and national security.
His extensive experience will contribute to the enhancement of operational strategies and efficiency within the CISF.
          ____________________________



* Garden Reach Shipbuilders & Engineers (GRSE) and National Highways & Infrastructure Development Corporation Limited (NHIDCL) Sign MoU for Supply of Double Lane Modular Bridges.
The modular bridges will be constructed using advanced technology to ensure durability and reduce maintenance costs.
This collaboration will support timely completion of infrastructure projects, addressing critical transportation challenges across various regions.
          ____________________________



* BRICS Countries Adopt Climate and Sustainable Development Cooperation Framework.
The framework includes specific goals for reducing greenhouse gas emissions and promoting green technologies among BRICS nations.
BRICS countries plan joint research initiatives to address climate change impacts and share best practices in sustainability.
          ____________________________



* Odisha Launches PM-USHA Program to Enhance Higher Education.
The PM-USHA program includes scholarships for students pursuing higher education in science and humanities.
New digital learning platforms will be introduced to enhance interactive education methods.
Capital: Bhubaneswar
          ____________________________



* IAS Officer Amrit Lal Meena Appointed Chief Secretary of Bihar.
Amrit Lal Meena’s appointment aims to enhance administrative efficiency and policy implementation in Bihar.
His vast experience is expected to positively influence governance strategies and reform efforts in the state.
          ____________________________



* Two new cannibal spider species named Mimetus spinatus and Mimetus parvulus were discovered in the Western Ghats.
The new spider species exhibit unique behavioral traits, contributing to the understanding of arachnid diversity in the region.
Their discovery underscores the ecological significance of the Western Ghats, emphasizing the need for ongoing research and protection.
          ____________________________



* Millennium Challenge Account(MCA) -Nepal and India Sign United States Dollar 12.36 Million Contract for 18 km Cross-Border Transmission Line.
The project supports regional energy security by enhancing cross-border electricity connectivity between Nepal and India.
This initiative is part of a larger effort to improve Nepal's infrastructure and attract foreign investment.
          ____________________________



* Union Cabinet Approves 309-Km Rail Line Connecting Mumbai and Indore.
The rail line will reduce travel time between Mumbai and Indore significantly.
The project is expected to create new employment opportunities in the region.
          ____________________________



* Frontier Warfare Defense Agency Announces Successful Maiden Flight of Indigenous Unmanned Bomber Aircraft FWD 200B.
The FWD 200B features cutting-edge technology for enhanced precision and tactical flexibility in diverse combat scenarios.
The successful flight test underscores FWDA's progress in developing state-of-the-art unmanned aerial systems for strategic defense.
          ____________________________



* GM Karthik Venkataraman Clinches 6th National Chess Championship Title in Haryana.
Venkataraman's win highlights his strategic prowess and consistency in high-level chess competitions.
The victory reinforces Venkataraman’s status as a leading figure in Indian chess.
          ____________________________



* Indian Navy's P-81 Aircraft Takes Part in 22nd Indo-French Bilateral Naval Exercise VARUNA 2024.
The exercise enhances strategic maritime ties between India and France through joint tactical and operational training.
VARUNA 2024 features diverse scenarios, including anti-piracy operations and humanitarian assistance, showcasing international naval cooperation.
          ____________________________



* Union Minister Annpurna Devi Launches 7th Rashtriya Roshan Mah 2024.
The campaign will offer specialized eye care services to rural and underserved communities, improving access to vision health.
Rashtriya Roshan Mah 2024 aims to collaborate with local organizations to enhance community engagement in eye health.
          ____________________________



* Bank of India (BoI) Launches 333-Day Star Dhan Vriddhi Fixed Deposit Scheme with Higher Interest Rates.
The new FD scheme offers attractive benefits for short-term investors looking for high returns.
Customers can enjoy a secure investment option with a fixed tenure and higher interest rates.
          ____________________________



* Kotak General Insurance Rebrands as Zurich Kotak General Insurance Following Major Stake Acquisition.
Zurich Insurance Group’s investment will strengthen Kotak’s market presence and expand its product offerings significantly.
The rebranding aligns Kotak General Insurance with Zurich’s global standards, enhancing customer trust and service quality.
          ____________________________



* Federation of Indian Chambers of Commerce and Industry Honors Ayushmann Khurrana and Neeraj Chopra with Youth Icon of India Award 2024.
The award highlights the growing recognition of young talents in diverse fields across India.
FICCI’s event showcased the achievements of influential youth leaders shaping India's future.
          ____________________________



* Madhya Pradesh Government Launches Brindavan Gram Scheme and Gita Bhavan Project.
The schemes aim to boost rural employment by creating local development projects and opportunities for residents.
The Gita Bhavan Project will include educational programs and community events focused on spiritual growth and heritage.
          ____________________________



* PM Modi's visit to Brunei and Singapore from September 3-5, 2024 to strengthen ties and boost security.
PM Modi’s visit underscored India's commitment to increasing regional influence and securing strategic partnerships in Southeast Asia.
The trip highlighted initiatives for sustainable development and investment opportunities in emerging markets of Brunei and Singapore.
          ____________________________



* Hitachi Payment Services and National Payments Corporation of India Launch India’s First Android-Based Customer Relationship Management ATM.
The CRM ATM supports secure contactless transactions, enhancing safety and convenience for users. It offers real-time customer support through integrated chat features and service requests.
National Payments Corporation of India (NPCI) and which company launched India’s First Android-Based Customer Relationship Management ATM?
          ____________________________



* Arianespace Launches Sentinel-2C Satellite on Final Vega Rocket for Environmental Monitoring.
The Sentinel-2C satellite provides detailed imagery crucial for assessing environmental changes and supporting disaster response efforts.
The final Vega rocket launch demonstrates the end of an era for this reliable and versatile launch vehicle.
          ____________________________



* New Spider Species Carrhotus piperus Discovered in Tamil Nadu.
Carrhotus piperus reveals new insights into the spider fauna of the Western Ghats, enriching scientific understanding of the region.
The discovery emphasizes the need for ongoing research and conservation efforts to protect unique ecosystems in Tamil Nadu.
          ____________________________



* Ministry of Electronics and Information Technology (MeitY) Launches Second Cohort of Startup Accelerators of Mega-Impact for Development and Growth (SAMRIDH) to Support Startups.
SAMRIDH offers mentorship from industry leaders to enhance startup capabilities and market reach.
The program helps startups access essential resources and networking opportunities to scale their operations effectively.
          ____________________________



* Sundar Pichai, Ashwini Vaishnaw, Anil Kapoor Among Indians on TIME 100 Most Influential People in AI 2024 List.
TIME news magazine’s list underscores India's growing prominence in AI technology and its influence on global tech advancements.
The recognition highlights the diverse contributions of Indians across technology, policy, and entertainment sectors in AI.
          ____________________________



* Union Civil Aviation Minister K. Ram Mohan Naidu Inaugurates Digi Yatra Facility at 9 Airports.
Digi Yatra is part of the government's Digital India initiative aimed at modernizing airport infrastructure.
The facility ensures a paperless experience, reducing dependency on physical boarding passes and identity documents.
          ____________________________



* ACC Approves Appointment of IAS Officer Tuhin Kanta Pandey as Finance Secretary.
Tuhin Kanta Pandey will replace the outgoing Finance Secretary, bringing fresh perspectives to financial policies.
Pandey's previous roles include Secretary of Department of Investment and Public Asset Management, showcasing his relevant experience.
          ____________________________



* International valture awareness day is celebrated on 7 September 2024.
Conservation organizations are enhancing efforts to protect vulture habitats and combat illegal wildlife trade.
Public involvement is crucial for successful vulture conservation initiatives and habitat restoration projects.
          ____________________________



* Indian Army and Indian Air Force Sign MoU with Global Supply Ventures to Enhance Logistics Expertise.
The MoU includes training programs to enhance logistics management skills for both the Army and Air Force.
Joint research and development projects will focus on innovative logistics solutions and technology integration.
          ____________________________



* US Government Partners with IIT Madras Research Park for Semiconductor, Green Hydrogen, Electric Vehicles, and Battery Technologies.
The partnership will drive advancements in sustainable technologies and strengthen ties between the US and Indian research communities.
This initiative aims to develop cutting-edge solutions for energy efficiency and reduce carbon emissions globally.
          ____________________________



* IATA (International Air Transport Association) announced the theme "'Adoption of Innovation and Technology' for the 2024 World Safety and Operations Conference".
The conference will explore the role of AI and data analytics in improving aviation safety and efficiency.
Industry leaders will share insights on emerging technologies and best practices for optimizing operational protocols.
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* ACC Approves Appointment of Six Senior Advocates as Additional Solicitors General in Supreme Court.
The new ASGs will handle significant cases involving government interests, strengthening legal representation in the Supreme Court.
The appointment reflects a strategic move to enhance legal efficiency and address complex legal issues effectively.
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* AU Small Finance Bank Partners with United India Insurance Company for Distribution of Insurance Products.
The partnership will leverage AU Small Finance Bank’s digital platforms for seamless insurance product access.
UIIC aims to tap into new customer segments and boost its market presence through this collaboration.
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* Cabinet Approves ₹2,000-Crore 'Mission Mausam' to Revive Maritime Routes and Cultural Ties with 39 Countries.
The mission will strengthen India's leadership in the Indian Ocean region through cultural diplomacy.
Collaborative efforts with international scholars will enhance maritime archaeological research.
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* India's First Silicon Carbide Manufacturing Unit to be Established in Odisha.
The unit will enhance India’s self-reliance in advanced material production, reducing import dependence.
The project will boost regional development and technological expertise in Odisha.
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* The Olympic Council of Asia (OCA) included yoga as a demonstration sport for the 2026 Asian Games.
Yogasan's inclusion aims to highlight its cultural significance and encourage widespread participation in traditional fitness practices.
The demonstration status will help promote yogasan globally, attracting interest from athletes and enthusiasts alike.
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* International day for South-south cooperation is celebrated on 12 September 2024.
The day underscores the significance of mutual support and knowledge exchange among developing countries. It promotes sustainable development goals through enhanced partnerships and collaborative strategies.
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* Union Minister Rajeev Ranjan Singh unveiled new initiatives to transform the fisheries sector at the 4th Anniversary of Pradhan Mantri Matsya Sampada Yojna (PMMSY) in New Delhi.
Union Minister of State for Fisheries, Animal Husbandry & Dairying and Minority Affairs Shri George Kurian Shri George Kurian was present in the occasion.
Shri Rajiv Ranjan distributes the Registration Certificates to the beneficiaries Registered on National Fisheries Development Program Portal.
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* "Small Savings Schemes Surge 13.8%, Driven by Sukanya Samriddhi and Senior Citizen’s Scheme.
Seven out of the 20 small savings schemes have recorded notable growth rates between 9% and 11% over the past year, contributing to the overall increase.
These schemes help the government finance its expenditure while promoting regular savings among the public, aligning with broader financial and economic policies.
Analysts will be watching how upcoming adjustments to interest rates and economic conditions influence the growth of these savings schemes in the future.
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* World first aid day is celebrated on 14 September 2024.
Emphasis on integrating first aid training into educational programs to ensure widespread emergency preparedness among students and staff.
Collaboration between health organizations and communities to enhance accessibility and effectiveness of first aid resources and training.
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* Hindi diwas is celebrated on 14 September 2024.
Hindi Diwas promotes the use of Hindi in education and government, enhancing its role in daily life.
Schools and organizations conduct special events to celebrate Hindi literature and its rich heritage on this day.
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* International day of democracy is celebrated on 15 September 2024.
World leaders asked countries to protect democracy from dangers like dictatorships and fake news.
Young people were encouraged to join local movements to help strengthen democracy and increase public participation.
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* PM Narendra Modi Inaugurates SEMICON India 2024 in Greater Noida, Uttar Pradesh.
The event aims to position India as a global semiconductor hub by fostering industry partnerships and technological advancements.
The conference is expected to attract international investment and enhance India’s capabilities in semiconductor manufacturing and R&D.
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* Shriram Finance Appoints Rahul Dravid as Brand Ambassador.
Rahul Dravid’s endorsement aims to attract a broader customer base for Shriram Finance’s financial solutions.
The partnership reflects Shriram Finance’s commitment to leveraging influential personalities for brand growth and trust-building.
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* Union Minister Jitendra Singh Launches Web Portal to Monitor Progress of Special Swachhata Campaign 4.0.
The portal enables citizens to participate and contribute to the success of Swachhata Campaign 4.0 initiatives.
Regular updates will ensure continuous monitoring and timely action to improve public sanitation standards.
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* CSTT (Central Institute of Indian Languages) Launches Website Featuring Technical Terms in 22 Official Indian Languages.
The website provides comprehensive glossaries to aid in understanding complex technical concepts in regional languages.
CSTT aims to bridge the language gap in technical education, fostering inclusivity for all learners.
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* Ministry of Railways Awards National Security Guarantee-1 Status to Vijayawada Railway Station in Andhra Pradesh.
The NSG-1 status will facilitate better surveillance and quicker response to security threats at the station.
This upgrade is expected to boost passenger confidence and increase footfall at Vijayawada Railway Station.
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* Prasanthi Ram Wins Singapore Literature Prize 2024 for "Nine Yard Sarees".
Prasanthi Ram's win spotlights South Asian heritage through powerful storytelling and cultural exploration in Nine Yard Sarees.
The Singapore Literature Prize is awarded every two years, recognizing exceptional literary works across genres.
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* Biotechnology Industry Research Assistance Council (BIRAC) Signs 9 LoIs at the 4th Edition of Global Bio-India Held in New Delhi.
BIRAC's collaborations aim to strengthen India's bio-entrepreneurial ecosystem through targeted funding and mentorship programs.
Global Bio-India serves as a platform to showcase cutting-edge innovations from India's biotechnology sector.
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* HCL Technologies (Hindustan Computers Limited) Tops TIME Magazine's List of World's Best Companies 2024 Among Indian Firms.
HCL Technologies emphasizes employee well-being and innovative solutions, contributing significantly to its global reputation.
The company’s focus on sustainable practices enhances its competitiveness in the global tech landscape.
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* International equal pay day is celebrated on 18 September 2024.
Advocacy for transparency in salary structures helps address inequalities and promotes accountability in organizations.
Education and awareness initiatives empower women to negotiate fair wages and understand their rights in the workplace.
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* Paisabazaar Partners with Yes Bank to Launch 'Paisasave' Credit Card.
The 'Paisasave' card offers zero annual fees for the first year to attract new customers.
Cardholders can earn reward points on every transaction, redeemable for various products and services.
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* NASA's DART (Double Asteroid Redirection Test) Mission Set to Create First Human-Made Meteor Shower.
DART's success marks a significant milestone in asteroid deflection technology and planetary defense efforts.
The mission enhances global collaboration in space research and showcases advancements in scientific innovation.
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* India and Denmark Strengthen Maritime Ties with Focus on Green Shipping, Digitalization, and Sustainable Development.
The partnership aims to enhance maritime security through collaboration on technology and information sharing between India and Denmark.
Joint initiatives will promote research and development in sustainable shipping practices to address environmental challenges effectively.
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* According to the International Rhino Foundation's 2024 State of the Rhino Report, Greater One-Horned Rhinos Are Among the Most Vulnerable to Climate Change.
Habitat degradation due to human activities exacerbates the threats faced by Greater One-Horned Rhinos.
Effective conservation strategies are crucial for mitigating climate impacts on rhino populations.
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* UN's first ever world cleanup day is celebrated on 20 September 2024.
Global participation in cleanup activities fosters community engagement and environmental awareness across diverse regions and cultures.
The initiative emphasizes the role of education in promoting sustainable practices and reducing plastic waste worldwide.
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* Mizoram CM Pu Laldahoma Launches "Bana Kaih" Scheme to Support Farmers and Entrepreneurs.
The scheme will provide training programs to enhance farmers' skills and promote innovative agricultural techniques.
Financial support will be available for small businesses to encourage entrepreneurship in rural areas.
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* Ministry of Labour and Employment(MoL&E) Increases Provident Fund Withdrawal Limit to ₹1 Lakh from ₹50,000.
Increasing the PF withdrawal limit empowers workers to manage financial emergencies more effectively and access their savings easily.
This move reflects the government's ongoing efforts to enhance workers' welfare and ensure their financial stability.
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* Karnataka, Gujarat, and Tamil Nadu Recognized as Major Beneficiaries of 1990s Economic Reforms by the Economic Advisory Council to the Prime Minister.
The economic reforms of the 1990s paved the way for increased foreign investment in India, enhancing growth prospects.
These states have created job opportunities through industrial development, improving living standards and overall economic conditions.
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* World Alzheimer's day is celebrated on 21 September 2024.
Raising Awareness Educating communities about Alzheimer's can help reduce stigma and encourage families to seek early treatment.
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* International red panda day is celebrated on 21 September 2024.
Awareness campaigns help people understand the significance of red pandas in maintaining ecological balance and biodiversity.
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* Department of Agriculture and Farmers' Welfare(DoA&FW ) Releases 3rd Advance Estimates for FY24 on Area and Production of Various Horticulture Crops.
Increased production of horticulture crops can lead to better income for farmers and boost the economy.
Improved data on crop yields helps in planning and resource allocation for effective agricultural practices.
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* Indian Army Collaborates with the Federation of Indian Chambers of Commerce and Industry (FICCI) to Unveil HIM DRONE-A-THON 2024 and HIMTECH 2024 Events in Ladakh.
The collaboration aims to harness innovative technology to improve surveillance and reconnaissance capabilities in challenging terrains.
Engaging with industry experts will help the Indian Army stay updated with the latest technological advancements in defense.
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* Madhya Pradesh State Election Commission Conducts India's First Paperless Election.
The paperless election reduces the risk of ballot tampering, ensuring a more secure voting environment for citizens.
This initiative encourages voter participation by making the voting process quicker and more accessible for everyone.
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* Lando Norris Secures Victory for McLaren at the 2024 Singapore Grand Prix.
McLaren's strategic improvements are evident, helping Lando Norris excel in challenging race conditions at the Singapore GP.
This victory boosts McLaren's morale and reinforces their commitment to competing at the highest level in Formula 1.
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* Kerala, Tamil Nadu, and Jammu & Kashmir Emerge as Top Performers in Food Safety and Standards Authority of India's (FSSAI) State Food Safety Index 2023-24.
Kerala and Tamil Nadu's success reflects strong government initiatives aimed at improving food safety regulations.
Jammu & Kashmir's leadership among smaller states highlights its efforts to enhance food safety despite challenging conditions.
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* China's Smart Dragon-3 Rocket Launches 8 Satellites from the Sea.
The sea-based launch system improves the flexibility and speed of satellite deployments for China’s space programs.
This launch reflects China's ongoing investment in advanced space technology to enhance global communication and monitoring capabilities.
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* International day of sign languages is celebrated on 23 September 2024.
Celebrating sign languages promotes diversity and encourages better understanding among different communities, fostering empathy and respect.
Recognizing sign languages in legal frameworks empowers the deaf community, ensuring their rights and accessibility in society.
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* Anushka Sen Honored by South Korean Government for Strengthening India-Korea Relations.
Anushka Sen’s achievements inspire young artists to engage in cultural diplomacy and promote international friendships through art.
This honor reflects the growing collaboration between India and South Korea in entertainment, enhancing cultural ties and mutual understanding.
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* Brijendra Pratap Singh Set to Become the Next Chairman and Managing Director (CMD) of National Aluminium Company Limited (NALCO).
Singh's leadership is expected to drive NALCO's sustainability initiatives, promoting eco-friendly practices in aluminium production.
His appointment may attract new investments, enhancing NALCO's capacity to compete globally in the aluminium market.
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* Team Europe Wins 2024 Laver Cup, Defeating Team World.
The Laver Cup highlights the strong rivalry between Europe and the World, captivating tennis fans globally.
This victory boosts Team Europe’s morale and sets the stage for future international tennis competitions.
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* Textiles Minister Giriraj Singh Unveils Commemorative Coin to Mark Platinum Jubilee of Central Silk Board.
Giriraj Singh highlighted the Central Silk Board’s role in empowering women through sericulture training and opportunities.
The minister announced new initiatives to modernize silk farming, aiming to increase productivity and income for farmers.
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* PM Narender Modi Unveils Three PARAM Rudra Supercomputers Valued at ₹130 Crore to Boost National Computing Capacity.
The PARAM Rudra supercomputers will support India's goal to become a global leader in high-performance computing.
These supercomputers will be deployed in universities and research institutions to boost innovation and data processing.
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* Squadron Leader Mohana Singh Becomes First Woman Fighter Pilot in Light Combat Aircraft (LCA) Tejas Fighter Fleet.
The induction of women in combat roles showcases the Indian Air Force's commitment to gender equality and empowerment.
Mohana Singh’s achievement inspires future generations to pursue careers in aviation and defense forces without gender barriers.
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* Union Minister Jyotiraditya M. Scindia Launches 'Ek Ped Maa Ke Naam' App.
The app encourages families to bond through planting trees, promoting values of love and care for nature.
By using the app, users can track their planting activities and contribute to local reforestation efforts.
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* KVIC (Khadi and Village Industries Commission) and NIFT (National Institute of Fashion Technology) Sign MoU under CoEK-2.0 to Enhance Marketability of Khadi Brand.
The collaboration aims to introduce new designs and sustainable practices, attracting younger consumers to the Khadi brand.
This partnership will facilitate skill development programs for artisans, enhancing their capabilities and improving livelihood opportunities.
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* Axis AMC Launches India’s First Target Maturity Mutual Fund Scheme Focused on the NBFC Sector.
The new fund offers investors a unique opportunity to diversify their portfolios with a focus on the NBFC sector.
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* City Union Bank Launches Eight Innovative Payment Products at Global Fintech Fest 2024.
The new offerings will seamlessly integrate with existing banking infrastructure, minimizing disruption for customers.
Special attention has been given to ensure that these digital solutions are accessible to all customers, including those in rural areas.
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* India Ranks 3rd in Asia Power Index 2024 and USA Tops the List.
India's strategic partnerships with other nations enhance its global influence and contribute to regional stability and security.
The Asia Power Index reflects the shifting power dynamics, with emerging economies like India playing a crucial role.
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* SEBI Allows Mutual Funds (MFs) to Sell Credit Default Swaps to Boost Corporate Bond Liquidity.
Enhancing corporate bond liquidity will attract more investors, fostering a healthier financial ecosystem in India.
The introduction of credit default swaps will enable mutual funds to better manage risks and optimize returns.
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* New Catfish Species Exostoma sentiyonoae Discovered in Nagaland.
The discovery of Exostoma sentiyonoae emphasizes the need for further exploration of Nagaland's freshwater habitats for new species.
Protecting the biodiversity of Nagaland is crucial for maintaining the ecological balance and supporting local communities.
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* NPCI International Payments enters into strategic partnership with Trinidad and Tobago for UPI-based real-time digital payments system
• With this, Trinidad and Tobago became the first Caribbean country to adopt UPI.
Key points :
1. This agreement will enable Trinidad and Tobago to establish a real-time payments platform for both person-to-person (P2P) and person-to-merchant (P2M) transactions, thereby expanding digital payments. And financial inclusion will be promoted.
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* NPCI International Payments enters into strategic partnership with Trinidad and Tobago for UPI-based real-time digital payments system
• With this, Trinidad and Tobago became the first Caribbean country to adopt UPI.
Key points :
1. This agreement will enable Trinidad and Tobago to establish a real-time payments platform for both person-to-person (P2P) and person-to-merchant (P2M) transactions, thereby expanding digital payments. And financial inclusion will be promoted.
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