NATIONAL UPDATES:
1.
Center modifies Flag Code of India 2002 to permit tricolour to be displayed
constantly: If
the national flag is flown in the open and is raised by a member of the public,
it may now fly through the night. The Flag Code of India 2002 was revised by
the Ministry of Home Affairs to permit the flying of the national flag even at
night as the federal government begins its Har Ghar Tiranga campaign. The flag
could previously only be flown between sunrise and dusk.
Key Points:
a)
The
ministry stated that clause XI of paragraph 2.2 of the Flag Code has been
substituted by the following phrase: “where the flag is displayed in the open
or displayed on the house of a member of the public, it may be flown day and
night.”
b)
The
flag code has already been altered by the government to permit the use of
polyester and machine-made flags.
c)
The
government amended paragraph 1.2 of Part I of the flag code in a notification
last year.
d)
Flags
produced by machines or of polyester were previously prohibited from use.
e)
India
is celebrating Azadi Ka Amrit Mahotsav to mark 75 years of independence.
f)
From
August 13 to August 15, the Har Ghar Tiranga campaign urges people to fly the
flag in their residences.
g)
Additionally,
in a letter to all government agencies on the campaign, Home Secretary Ajay
Bhalla included files that outlined the key elements of the flag code as well
as the updates made on December 30, 2021, and July 20, 2022.
2.
MP’s Burhanpur becomes the first district to certify ‘Har Ghar Jal’: Burhanpur district
of Madhya Pradesh, popularly known as the ‘Darwaza of Dakhin’, became the first
Certified ‘Har Ghar Jal’ district in the Country. Only district in the country,
people from each of 254 villages in Burhanpur have declared their villages as
‘Har Ghar Jal’ through a resolution passed by Gram Sabhas. Accordingly, it
certifies that all people in the villages have access to safe drinking water
through taps, ensuring that ‘No One is Left Out’.
Certificate is given to the
Burhanpur district:
When Jal Jeevan Mission was launched on August 15, 2019, only 37,241 rural
households (36.54%) out of a total of 1,01,905 households in Burhanpur had
potable drinking water through tap connections. Now, within a span of 34
months, all the 1,01,905 rural households have access to potable drinking water
through tap connections. The certificate confirms that every household is
getting a regular supply of water of prescribed quality. Furthermore, it is
also an indication of no leakages from the distribution pipeline in the
village, and that all the roads dug up to lay the water pipeline was restored
upon completion of the water supply works.
Note: Chief Minister of Madhya Pradesh:
Shivraj Singh Chouhan; Governor of Madhya Pradesh: Mangubhai C. Patel.
3.
Large statue of Chandrashekhar Azad to be erected in Bhopal: In Bhopal, a large
statue honouring Amar Shaheed Chandrashekhar Azad will be erected. The statue
site will be created as a source of inspiration for young people, with soil
from Azad’s hometown of Bhabra being used at its base. On the 116th anniversary
of Amar Shaheed Chandrashekhar Azad’s birth, Chief Minister Shivraj Singh
Chouhan spoke at the opening ceremony of the first state-level Youth
Mahapanchayat, which was held in Bhopal.
According to the Chief Minister, the state
would offer a total of one lakh government jobs per year, and the hiring
process would begin on August 15. Additionally, every month, 2 lakh young
people would be involved in self-employment. A new youth policy, which would
take into account the recommendations of the state’s youth, was announced and
would go into effect on January 12, the anniversary of Swami Vivekananda’s
birth.
4. A
book titled “Dilip Kumar: In the Shadow of a Legend” by Faisal Farooqui: A new book on the
legendary actor of Indian cinema, Yusuf Khan, better known as Dilip Kumar, has
been released by author Faisal Farooqui. The book is titled “In the Shadow of a
Legend: Dilip Kumar”. The book is a tribute to Dilip Kumar the man more than
Dilip Kumar the actor. Farooqui is the founder and CEO of Mouthshut.com, one of
India’s leading review and rating platforms.
The essence of the book: In the book, Dilip
Kumar: In the Shadow of a Legend, the author paints an intimate portrait of the
actor, throwing light on some little-known anecdotes from his illustrious life.
The book brings to us the real Dilip Kumar, away from the large screen that
made him such an endearing figure for his fans. Dilip Kumar was much more than
the actor that we have revered all these years.
5.
Kargil Vijay Diwas: 26th July: Kargil Vijay Diwas is the celebration of
India’s historic win over Pakistan on July 26, 1999. The Indian Army
successfully removed Pakistani forces who were illegally occupying a hilltop at
the Indian side of the Line of Control (LoC) at Kargil, Ladakh. To commemorate
this victory and remember those who sacrificed their lives for this country,
Kargil Vijay Diwas is celebrated annually in India on July 26. History of
Kargil War:
a)
The
Kargil War was fought between May-July of 1999 in the Kargil district of Jammu
and Kashmir along the Line of Control (LoC) in which India got victory. The
Kargil war was fought for more than 60 days and ended on 26 July.
b)
On
this date in 1999 Pakistan army took advantage of the melting snow and
betraying the bilateral understanding of both the nations (that the post would
remain unattended during the winter season) took command of the high outposts
of India.
c)
Pakistan
army refused the claims that its soldiers were involved in the war and claimed
that they were the rebels from Kashmir itself, but the ammunition, identity
cards, rations stores and other evidence prove that the Pakistan army was
behind this cowardly act.
July 26 is celebrated as “Kargil Vijay
Diwas” every year to mark the successful completion of “Operation Vijay” that
ended the 3-month war along the Line of Control. Nearly 490 Indian army
officers, soldiers and jawans were martyrs during the course of the battle.
INTERNATIONAL UPDATES:
1.
China launches “Wentian,” second of its three space station modules: China launched
the second of the three modules needed to complete its new space station. This
was the most recent development in Beijing’s ambitious space programme. A Long
March 5B rocket launched the unmanned spaceship with the call sign Wentian from
the Wenchang launch facility on China’s tropical island of Hainan. A
representative from the China Manned Space Agency (CMSA) confirmed the launch’s
“success.” Key Points:
a)
In
April 2021, Beijing launched the main module of the Tiangong space station,
which is Chinese for “heavenly palace.”
b)
The
new module, which is over 18 metres (60 feet) long and 22 tonnes (48,500
pounds) in weight, features three sleeping rooms and room for scientific
investigations.
c)
It
will join with the current module in space, a difficult procedure that will
call for the utilisation of a robotic arm and multiple high-precision
manipulations.
d)
It
will dock with the current module in space, a difficult procedure that will
call for the utilisation of a robotic arm and multiple high-precision
manipulations.
e)
In
the case of a failure, Wentian will also act as a backup platform for managing
the space station.
f)
Tiangong,
which should have a lifespan of at least 10 years, is anticipated to be
completely operational by the end of the year after the third and final module
docks in October.
2.
International Day for the Conservation of the Mangrove Ecosystem: 26th July: International Day
for the Conservation of the Mangrove Ecosystem is observed every year on July
26. The day is observed to raise awareness of the importance of mangrove
ecosystems as “a unique, special and vulnerable ecosystem” and to promote
solutions for their sustainable management, conservation and uses. The goal of
the day is to promote sustainable management, conservation and utilisation of
mangrove ecosystems and to bring attention to the significance of these
ecosystems as unique, special, and vulnerable ecosystems.
History of the day: The UN
Educational, Scientific, and Cultural Organization’s (UNESCO) General
Conference established the day in 2015. On this day in 1998, a Greenpeace
worker named Hayhow Daniel Nanoto passed away from a heart attack while
participating in a sizeable demonstration to restore the mangrove wetlands in
Muisne, Ecuador.
OTHER UPDATES:
SPORTS
1.
Max Verstappen wins the title of 2022 French Grand Prix: Charles Leclerc of
Ferrari crashed out of the race on lap 18 but was unharmed, and Max Verstappen
of Red Bull took first place at Paul Ricard. Lewis Hamilton and George Russell
of Mercedes finished third and fourth, respectively. After Verstappen pitted on
Lap 17, it was up to Leclerc to step up. His race was finished in a harsh snap
of oversteer at Turn 11, which also caused him to shout in rage and brought out
the Safety Car. Hamilton and Red Bull’s Sergio Perez pitted and started chasing
Verstappen after the restart. Verstappen continued to run and took over the
lead.
2.
Neeraj Chopra wins a silver medal in the javelin at the world championships: Neeraj Chopra
makes history by winning silver in the World Athletics Championships for the
first time ever. Neeraj Chopra grinned after his 88.13m throw in the fourth
round. His greatest throw in the men’s javelin throw final in Eugene, US,
allowed him to move into the provisional podium spot in second place, which
helped to lessen the tension.
Anderson Peters, the defending champion, of
Grenada claimed the gold with a best throw of 90.54 metres, and Jakub Vadlejch,
the Czech Republic’s Olympic silver medalist, took the bronze with 88.09
metres.
BANKING AND FINANCE
1.
Canara Bank launched its mobile app named “Canara ai1”: Canara Bank has
launched “Canara ai1”, its mobile banking app. The banking app would be a
one-stop solution with more than 250 features to cater to the banking needs of
its customers. It is aimed to eliminate the need to have multiple mobile apps
working in silos for availing of different specific services. The app is
available in 11 languages to cater to multiple sections of society in their
preferred language. About the “Canara ai1” app:
a)
The
app has advanced features such as an intuitive user interface (UI) and user
experience (UX) with multiple themes and menus that can be personalised as per
the user’s choice.
b)
It
also offers a dark theme to improve visual ergonomics, reduce eye strain, adjust
the brightness to current lighting conditions, and facilitate screen usage in
dark environments, all while conserving battery power.
c)
The
app caters to various social security schemes including public provident fund
accounts, Sukanya Samruddhi accounts, senior citizens’ savings accounts, Kisan
Vikas Patra, and others.
d)
The
Super App enables the customer to use traditional and modern banking and
financial services in digital mode, and there are features for all age groups.
Note: Canara Bank Headquarters: Bengaluru;
Canara Bank CEO: Lingam Venkat Prabhakar; Canara Bank Founder: Ammembal Subba
Rao Pai; Canara Bank Founded: 1 July 1906.
BUSINESS AND ECONOMY
1.
Forex reserves decreased by USD 7.5 billion to USD 572.7 billion: The Reserve Bank
of India (RBI) most recent data shows that during the ending week of July 15, India’s foreign exchange reserves
decreased by $7.5 billion to $572.7 billion. The reserves have dropped to their
lowest level in 20 months, or since November 6, 2020, when they were $568
billion.The report showed that foreign currency assets, which decreased by $6.5
billion over the week, were the main cause of the reduction in foreign exchange
reserves. According to the July RBI report, the foreign exchange reserves at
$580.3 billion on July 8, 2022, were sufficient to cover 9.5 months’ worth of
anticipated imports for the years 2022–2033.
About Forex Reserve: In 2022, reserves
decreased by nearly $60 billion, primarily as a result of the central bank’s
active intervention to reduce the market’s extreme volatility. Since the
conflict broke out in Europe in late February, the rupee has been under
pressure. The Indian rupee has lost about 7% of its value compared to the
dollar in 2022. The amount of foreign exchange reserves has decreased by almost
$70 billion since September 2021.
2.
Akshaya Moondra appointed as CEO of VI, replaces Ravinder Takka: Vodafone Idea, a
telecom Company, said that Akshay Moondra, who currently serves as chief
financial officer, has been promoted to CEO with effect from August 19.
According to the filing, Ravinder Takkar, the business’s current managing
director and chief executive officer, will remain on the board of the company
when his tenure is up as a non-executive and non-independent director.
On August 19, 2019, Takkar was chosen as
the organization’s MD and CEO for a three-year tenure that will expire on
August 18. According to the filing, the company will soon make an announcement
regarding a new CFO. A subsidiary of Vodafone’s promoter was given permission
by the VIL board to receive warrants convertible into an equal number of equity
shares at a price of Rs 10.20 per warrant, for a total of up to Rs 436.21
crore.
Note: Vodafone Founder: Gerry Whent and
Ernest Harrison
AWARDS AND HONOURS
1.
Gen. Naravane and former US Defense Secretary honoured for fostering Indo-US
relations:
The US-India Strategic Partnership Forum (USISPF) has recognised former Indian
Army Chief General Manoj Mukund Naravane for his contribution to fostering ties
between India and the US. The public service award has also been given to
former US Defense Secretary General Jim Mattis in addition to Naravane. The
USISPF gave prizes for public service and global leadership to those who had a
significant impact on advancing connections between the US and India.
Key Points:
a)
General
Mattis attempted to make India a US strategic ally while serving as the Defense
Secretary.
b)
According
to the USISPF, Gen. Naravane improved defence alliances and increased
interoperability between the US and India while serving as the Chief of Staff
of the Indian Army.
2.
Kamal Haasan honoured by the UAE, obtains a Golden Visa: Kamal Haasan, a
prominent figure in the Tamil cinema industry, has been given the prestigious
Golden Visa by the United Arab Emirates. The Golden Visa has been given to
others besides actor Kamal Hasan. Actors Nasser, Mammootty, Mohanlal, Tovino
Thomas, Parthiepan, Amala Paul, and Shah Rukh Khan all have received it before
Kamal Hasan.
About UAE Golden Visa: The UAE Golden
Visa is an extended resident visa programme which lasts between five and ten
years. The visa is perpetually extended. It is given to high performers in a
variety of industries, as well as to professionals, investors, and those with
potential skills. The cost of the Golden Visa for those who are currently
residents of the UAE ranges from AED 2,800 to AED 3,800. The price of the
Golden Visa for applicants outside of the UAE ranges from AED 3,800 to AED
4,800. Cost will vary according to service kind and visa status.
OBITUARIES
1. Renowned Marathi writer Anant Yashwant Khare passes away: Marathi writer Anant Yashwant Khare, better known as Nanda Khare, has passed away due to prolonged illness. He wrote 19 books on various topics like science, sociology, and geography with some of his most noted works being ‘Antajichi Bakhar’, ‘Bakhar Antakalachi’ and ‘Udya’. He had also worked on the editorial board of ‘Aajcha Sudharak’ newspaper for close to eleven years and was a member of the Marathi Science Council.
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