NATIONAL UPDATES:
1.
Nation celebrates 76th Independence Day on 15th August 2022: This year India
is celebrating 76th Independence Day on 15th August 2022 to mark the country’s
freedom from nearly two centuries of British colonial rule. Prime Minister
Narendra Modi is leading the celebrations from Red Fort in New Delhi and is
addressing the nation from Red Fort in New Delhi. This is his ninth address as
the prime minister. To celebrate the 75 years of Independence the Government of
India has started an initiative called “Azadi Ka Amrit Mahotsav”.
On March 12, 2021, Prime Minister Narendra
Modi has launched the “Azadi Ka Amrit Mahotsav” to celebrate and commemorate 75
years of independence that started a 75-week countdown to our anniversary of
independence. This means that India will celebrate its 76th Independence Day on
August 15, 2022, and mark the end of its 75 years of freedom.
Independence Day honours the sacrifices of
our courageous leaders and freedom fighters, who gave their all for the sake of
the nation and the countrymen. This day serves us the perfect opportunity to
travel back in time and reflect on the history and significance of this date.
Some Interesting points:
a)
Five
other countries celebrate their independence on August 15 along with India.
They are Bahrain, North Korea, South Korea and Liechtenstein.
b)
Even
after India’s independence, Goa was still a Portuguese colony. It was annexed
to India by the Indian Army only in 1961. Thus, Goa was the last state to join
the Indian territory.
c)
While
India gained independence from British rule on 15th August 1947, there were
certain regions which still remained under European control. The French had
control over Puducherry. The French transferred the territories under its
control to India on 1st of November 1954.
2.
World’s Highest Chenab Railway Bridge Inaugurated: The golden joint
of the world’s highest railway bridge over River Chenab was inaugurated. For
the first time ever since independence, Srinagar will be linked to the rest of
India after the overarch deck on the world’s highest single-arch railway bridge
over River Chenab. The bridge will be 35 meters higher than the Eiffel Tower.
About Chenab River: The Chenab is
formed by the confluence of two streams, Chandra and Bhaga, in the western
(Punjab) Himalayas in India’s Himachal Pradesh state. It flows west through
Jammu and Kashmir union territory—the Indian-administered portion of the
disputed Kashmir region)—between the steep cliffs of the Shiwalik Range (south)
and the Lesser Himalayas (north). After receiving the Jhelum River near Trimmu,
the Chenab empties into the Sutlej River, a tributary of the Indus River.
3.
Arunachal’s 3rd Airport Named ‘Donyi Polo Airport’: The third airport
in Arunachal Pradesh, which is now under construction in Itanagar, the state
capital, has been given the name “Donyi Polo Airport” by the Arunachal Pradesh
administration. According to a representative of the Chief Minister’s Office,
the state cabinet adopted “Donyi Polo Airport” as the name of the airport at
its meeting. Pema Khandu, the chief minister of Arunachal Pradesh, presided
over the gathering.
The name of the only airport in the capital
city, according to the official, would represent the long-standing customs and
rich cultural legacy of the tribally dominant state and would also reflect the
long-standing indigenous respect for the Sun (Donyi) and the Moon (Polo) among
the populace. The Airport Authority of India has undertaken a Rs 650 crore
project to develop the airport to boost air connectivity in the mountainous
areas.
The “Donyi Polo Airport” in Itanagar would
be Arunachal Pradesh`s third airport after Pasighat and Tezu airports and
northeast India`s 16th airport.
4.
Kolkata to Host 23rd Edition of India International Seafood Show (IISS): Marine Products
Export Development Authority (MPEDA) in association with the Seafood Exporters’
Association of India (SEAI) will hold the 23rd edition of India International
Seafood Show (IISS) in Kolkata, the City of Joy from February 15 to 7 next
year.
Marine Exports From India: During 2021-22,
India exported 13,69,264 tonnes of marine products worth US$ 7.76 billion,
registering an all-time high export by value, while production of shrimp
crossed one million MT. With a multipronged strategy, addressing capture
fisheries and aquaculture, the export turnover is likely to achieve US$ 15
billion in next five years. Sustainable fishing methods, value addition and
increased aquaculture production through diversification are expected to
support the ambitious target set for export.
5.
Pramod Kumar appointed as CFO of Power Grid Corporation: Power Grid
Corporation of India Limited has appointed Pramod Kumar as Chief Financial
Officer (CFO) of the company. Before his appointment to the new position, Kumar
served as Executive Director (Finance) of Power Grid Corporation.
Power Grid was founded in 1989 and is
headquartered in Gurgaon. It is engaged mainly in the transmission of bulk
power across different states of India.
INTERNATIONAL UPDATES:
1.
William Ruto is declared Kenya’s next president: Kenyan Deputy
President, William Ruto is now the country’s president-elect after he was
declared the winner of the last presidential election over five-time contender
Raila Odinga. Before Wafula Chebukati, the chair of Kenya’s electoral
commission could announce Ruto’s victory. Ruto received 50.49% of the vote, the
chairman said, while Odinga received 48.85%.
Ruto, who has promised a break from the
“dynasties” that have dominated Kenyan politics since independence, projected a
conciliatory tone in his acceptance speech, urging unity. Kenya is a model of
democracy in East Africa, a region where authoritarianism has been ascendant.
These elections had been hailed as a step forward for Kenyan democracy because
the campaign was marked by political maturity. Politicians focused on economic
issues, instead of the tribal mobilization that has been a feature of every
Kenyan election since independence.
Note: Kenya Capital: Nairobi; Kenya
Currency: Shilling.
OTHER UPDATES:
SPORTS
1.
FIFA suspends All India Football Federation (AIFF): The Bureau of the
FIFA Council has unanimously decided to suspend the All India Football
Federation (AIFF) with immediate effect due to undue influence from third
parties, which constitutes a serious violation of the FIFA Statutes. The
suspension will be lifted once an order to set up a committee of administrators
to assume the powers of the AIFF Executive Committee has been repealed and the
AIFF administration regains full control of the AIFFs.
India loss after suspension:
a)
The
suspension means that the FIFA U-17 Women’s World Cup 2022™, scheduled to take
place in India on 11-30 October 2022, cannot currently be held in India as
planned.
b)
FIFA
is assessing the next steps with regard to the tournament and will refer the
matter to the Bureau of the Council if and when necessary.
c)
FIFA
is in constant constructive contact with the Ministry of Youth Affairs and
Sports in India and is hopeful that a positive outcome to the case may still be
achieved.
Note: FIFA President: Gianni Infantino;
FIFA Founded: 21 May 1904; FIFA Headquarters: Zürich, Switzerland.
BANKING AND FINANCE
1.
Kotak Mahindra Bank launched “Kotak Crème” lifestyle-focused corporate salary
account:
Kotak Mahindra Bank has launched a lifestyle-focused salary account named
“Kotak Creme”. This account will offer an upgraded experience to its customers
working in MNCs, retails, law firms, unicorns etc. The account will be
available to all corporates in India and will also come with a host of
privileges and rewards across lifestyle, travel, healthcare, dining, skilling
and learning experiences.
Kotak Crème: Kotak Crème is being launched
in Bengaluru owing to the city’s diverse hotbed of talent and corporates. Each
salary account comes with preferential banking services, including a
complimentary Zen Credit Card. The account holder can avail of complimentary
airport lounge access and also gift Privy League privileges to their family
members. Kotak Crème also offers subscriptions to top lifestyle brands offering
Health & Wellness, Lifestyle, Entertainment, Knowledge/Learning &
Fitness experiences. Features:
a)
It
provides access to unlimited learning and entertainment powered by content and
podcast platforms including Amazon Kindle and Disney Hotstar and health and
fitness benefits led by special offers from Pharmeasy and Curefit.
b)
It
also offers preferential pricing on a range of lending needs across personal,
home and vehicle loans.
c)
Access
to emergency funds via an overdraft facility up to five times of salary limit
and salary payday loans at attractive interest rates are added benefits.
Note: Kotak Mahindra Bank CEO: Uday Kotak;
Kotak Mahindra Bank Headquarters: Mumbai; Kotak Mahindra Bank Founded: February
2003.
BUSINESS AND ECONOMY
1.
Wholesale Price Index (WPI) declines to 13.93% in July: According to
figures issued by the commerce ministry, Wholesale Price Index (WPI)-based
inflation in India decreased to 13.93% in July. The WPI inflation rate dropped
from a record-breaking 16.63 percent in May to 15.18 percent in June. Wholesale
Price Index (WPI) inflation was 11.57 percent in July 2021. The wholesale price
index increased by double digits in July, marking the 16th consecutive month
that the WPI has risen above the 10-percent threshold.
Wholesale Price Index: Key Points:
a)
Food
inflation dropped to 9.41 percent in July, down 300 basis points from June, and
this contributed to a decrease in the Wholesale Price Index (WPI).
b)
Among
food goods, vegetables experienced a significant monthly price drop of 12.7%.
Fruits’ index dropped 3.0 percent, while eggs, meat, and fish’s index dropped
2.6 percent from June.
c)
Overall,
the food index, which makes up 24 percent of the WPI basket, decreased by 2.2
percent in July over the previous month. As a result, the Wholesale Price Index
(WPI)‘s entire-commodity index decreased by 0.1 percent from June.
d)
Fuel
and electricity inflation increased to 43.75 percent, with a 6.6 percent
increase from June in the category’s index.
AWARDS AND HONOURS
1.
107 Gallantry awards announced for Armed Forces and CAPF personnel: President of
India, Droupadi Murmu has approved 107 Gallantry awards to Armed Forces and
Central Armed Police Forces personnel on the occasion of Independence Day 2022.
The awards include three Kirti Chakra, 13 Shaurya Chakras, two bar to Sena
Medals (gallantry), 81 Sena Medals (gallantry), one Nao Sena Medal (gallantry)
and seven Vayu Sena Medals (gallantry).
The president has also approved 40
mention-in-despatches to the Indian Army, one to Indian Air Force (IAF)
personnel and another to the army dog, ‘Axel’ (posthumously), for their
significant contributions in different military operations which include
Operation Rakshak, Operation Snow Leopard, Operation Rhino, Operation Orchid,
Operation Falcon, Operation Hifazat and Operation Trikut (Deoghar).
2. Indian
Film Festival of Melbourne (IFFM) Awards 2022 announced: The 13th edition
of the Indian Film Festival of Melbourne (IFFM) 2022 began on August 12 and
will conclude on August 30. The event, held annually in Australia, celebrates
the Indian film industry by screening some of the most prominent and acclaimed
films, TV shows, and web series from the country.
The event hosted by Rithvik Dhanjiani, the
event saw big wins for Kabir Khan’s sports drama 83 and its star Ranveer Singh,
as well as the Prime Video web series Mumbai Diaries 26 and the film Jalsa. The
two films that had the most nominations: Jai Bhim and Gangubai
Kathiawadi–failed to win a single award.
List of winners from the Indian Film
Festival of Melbourne 2022 awards:
|
S.No |
Category |
Winners |
|
1 |
Best Film |
83 |
|
2 |
Best Director |
Shoojit Sircar (Sardar
Udham) and Aparna Sen (The Rapist) |
|
3 |
Best Actor |
Ranveer Singh (83) |
|
4 |
Best Actress |
Shefali Shah (Jalsa) |
|
5 |
Best Series |
Mumbai Diaries 26/11 |
|
6 |
Best Actor in a Series |
Mohit Raina (Mumbai
Diaries 26/11) |
|
7 |
Best Actress in a
Series |
Sakshi Tanwar (Mai) |
|
8 |
Best Indie Film |
Jaggi |
|
9 |
Best Film from the
Subcontinent |
Joyland |
|
10 |
Lifetime Achievement
Award |
Kapil Dev |
|
11 |
Disruptor in Cinema
Award |
Vaani Kapoor
(Chandigarh Kare Aashiqui) |
|
12 |
Equality in Cinema
Award |
Jalsa |
|
13 |
Leadership in Cinema
Award |
Abhishek Bachchan |
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