NATIONAL UPDATES:
1.
GoI appointed 11 new High Court Judges in Punjab & Haryana: The government of
India has notified the appointments of another 11 High Court Judges in the
Punjab and Haryana High Court. The appointments include the names Nidhi Gupta,
Sanjay Vashisth, Tribhuvan Dahiya, Namit Kumar, Harkesh Manuja, Aman Chaudhary,
Naresh Singh, Harsh Bunger, Jagmohan Bansal, Deepak Manchanda and Alok Jain.
The Punjab and Haryana High Court are
currently functioning with just 46 judges against the sanctioned strength of 85
with around a dozen of the 46 judges set to retire in the next two years. With
the appointment of new additional judges, the number of judges will rise to 57.
On 13th August 2022, the govt had appointed 26 High Court Judges in the High
Courts of Allahabad, Andhra, Telangana, Gauhati, Orissa, and Himachal Pradesh.
2. India
voluntary trust funds for defence of human rights more than Rs 3 crore: India has donated
$ 400,000 (more than Rs 3 crore) to as many as four Voluntary Trust Funds,
according to information released by the Permanent Mission of India to the
United Nations in Geneva. It went on to say that the donation to Voluntary
Trust Funds was made to show India’s commitment to the global advancement and
protection of human rights as well as its support for the UN Human Rights
Council. India has donated $400,000 to 4 Voluntary Trust Funds on Torture,
Technical Cooperation, Implementation of UPR & LDCs/SIDS, reflecting our
commitment to worldwide promotion & protection of human rights and support
for @UNHumanRights.
3.
Odisha Government Signed an MoU with NIOT for Protecting its Coastline: The Odisha
Government has signed an Memorandum of Understanding (MoU) with the
Chennai-based National Institute of Ocean Technology (NIOT) for the protection
of coastal areas from various natural calamities like flood, cyclone, soil erosion
and high tide, etc. The Odisha coastal areas face natural calamities every year
due to the effects of climate change. Seven districts namely Ganjam, Puri,
Khordha, Kendrapada, Bhadrak, Baleswar and Jagatsinghpur will get benefitted
out of the initiative.
This will help these districts to get
technological knowledge and design from the NIOT, Chennai, for coastal area
protection. The districts have already faced cyclones like Phailin, Hudhud,
Titli, Amphan, Bulbul, Yash, Gulab, Jawad, etc., in the past years. In the
first phase, work will be carried out in 199 km coastal areas of Kendrapada,
Baleswar, Bhadrak Jagatsinghpur and Puri and in the next phase, Ganjam and
Khordha will be included. The expenditure will be made by the State Government
from its own resources.
4.
Union Minister Jitendra Singh unveils India’s first Saline Water Lantern: Union Minister of
Earth Sciences, Jitendra Singh has launched India’s first saline water lantern,
‘Roshini’, which uses seawater to power Light Emitting Diode (LED) lamps. The
minister unveiled the first-of-its-kind lantern during his visit to Sagar
Anveshika, a coastal research vessel operated by the National Institute of
Ocean Technology (NIOT) Chennai for marine research.
Saline Water Lantern:
a)
Saline
water lanterns use seawater as an electrolyte between specially designed
electrodes to power LED lamps. The technology will help bring ‘Ease of Living’
to the poor and needy, especially the fishing community living along the
7,500-km-long coastal line of India.
b)
Saline
Water Lantern will also boost and supplement Prime Minister Narendra Modi’s
UJALA scheme launched in 2015 for the distribution of LED bulbs across the
country.
c)
The
NIOT team for inventing the Roshini Lamp, further advising them to transfer the
technology to the industry to facilitate mass production of this multipurpose
lamp which can be of immense help in disaster-prone rural and remote areas.
d)
The
progress of NIOT’s developed Low-Temperature Thermal Desalination (LTTD)
technology which converts seawater to potable water.
e)
Three
desalination plants based on the LTTD technology have been successfully
designed and demonstrated at Kavaratti, Agati and Minicoy Islands of the Union
Territory (UT) of Lakshadweep.
f)
The
LTTD technology is suitable for UT’s islands, where the required temperature
difference of about 15 degrees celsius between sea surface water and deep-sea
water is found in the vicinity of Lakshadweep coasts only as of now.
Note: National Institute of Ocean
Technology Founded: 1993; National Institute of Ocean Technology Director: Dr
Gidugu Ananda Ramadass; National Institute of Ocean Technology Parent agency:
Ministry of Earth Sciences.
5.
Indian flag unfurled in space to marks 75 Years of Independence: The Indian
national flag was unfurled in space at an altitude of over 30 km as the country
marked its 75 years of Independence. The tricolour was sent to the edge of
space on a balloon by Space Kidz India, which describes itself as an aerospace
organisation creating young scientists for the country. The unfurling of the
flag was part of the Azadi ka Amrit Mahotsav celebrations that mark the
completion of 75 years since India became Independent.
INTERNATIONAL UPDATES:
1.
Simon Stiell of Grenada named as new UNFCCC Executive Secretary: UN
Secretary-General António Guterres has appointed Simon Stiell as the new
Executive Secretary of the United Nations Climate Change Secretariat based in
Bonn, Germany. The appointment has been endorsed by the Bureau of the UN
Framework Convention on Climate Change (UNFCCC).
The career of Simon Stiell:
a)
Simon
Stiell served as a senior minister in the Government of Grenada holding the
portfolios of Minister for Climate Resilience and the Environment for five
years.
b)
He
also served as Minister for Education and Human Resource Development, Minister
of State with responsibility for Human Resource Development and the
Environment, and as a junior minister within the Ministry of Agriculture,
Lands, Forestry, Fisheries and the Environment.
c)
Stiell
served as a member of Grenada’s Upper House of Parliament, the Senate, where he
held the position of Leader of Government’s Business throughout this period.
About the UNFCCC: The United
Nations Framework Convention on Climate Change (UNFCCC) has near universal
membership and is the parent treaty of the 2015 Paris Climate Change Agreement.
The main aim of the Paris Agreement is to keep a global average temperature
rise this century well below 2 degrees Celsius and to drive efforts to limit
the temperature increase even further to 1.5 degrees Celsius above
pre-industrial levels.
OTHER UPDATES:
SPORTS
1.
Azlan Shah Cup in Ipoh, Malaysia from November 16-25, 2022: Malaysia’s premier
men’s hockey tournament, the Sultan Azlan Shah Cup 2022 will be held from
November 16 to 25 in Ipoh. The tournament is making a return after a two-year
due to the Covid-19 pandemic. World No 1 Australia, fifth-ranked Germany,
India, New Zealand, and Canada have been invited to the tournament. All matches
will be played at the Azlan Shah Stadium in the city of Ipoh in Malaysia, which
is the permanent venue of the Sultan Azlan Shah Cup.
Last time the Azlan Shah tournament was
held in 2019 which was won by South Korea beating India in the final, which was
there 3rd title. Best player of the tournament was Surender Kumar. Most Azlan
Shah Tournament is won by Australia (10 times) then comes India with 5 titles.
And Pakistan, South Korea with 3 titles each.
About the Sultan Azlan Shah Cup: The Sultan Azlan
Shah Cup has been an annual feature in the FIH calendar since 1998, although it
initially started life in 1983 as a biennial event. The event is named after
legendary hockey fan and former FIH Executive Board Member HRH Sultan Azlan
Shah. The Sultan Azlan Shah Cup has been part of the International Hockey
Federation’s (FIH) calendar every year since 2003.
BANKING AND FINANCE
1.
Karnataka Bank launches term deposit scheme “KBL Amrit Samriddhi”: On the occasion of
75 years of Independence as Azadi Ka Amrit Mahotsav, Karnataka Bank has
introduced a new Term Deposit Scheme, KBL Amrit Samriddhi under Abhyudaya Cash
Certificate (ACC) and Fixed Deposit for a tenure of 75 weeks (525 days). The
interest rate for this Deposit Scheme is 6.10% per annum. Karnataka Bank,
portraying the rich patriotic tradition and values, has always been ready to
meet the aspirations and dreams of its valued patrons. With the new product,
KBL Amrit Samriddhi, Bank extends the benefit of the increase in the interest
rates to our customers. Normal Rate:
a)
Currently,
the bank offers a 5.50% interest rate on fixed deposits below ₹2 crores to the
general public, while the rate is 5.65% for tenure above 2 years to 5 years,
and the rate is 5.70% on maturity period for above 5 years and up to 10 years.
The rate varies from 3.40% to 5% on short-term tenures between 7 days to 364
days. These rates are the same for FDs from ₹2 crore to ₹50 crores.
b)
Meanwhile,
the bank offers a 5.90% rate to senior citizens on deposits below ₹2 crore for
a tenure of 1 year to 2 Years, while the rate is 6.05% and 6.20% on maturity
period above 2 years to 5 years and above 5 years up to 10 years.
Note: Karnataka Bank Headquarters:
Mangaluru; Karnataka Bank CEO: Mahabaleshwara M. S; Karnataka Bank Founded: 18
February 1924.
2. 4
independent directors reappointed by GoI to RBI’s central board: Satish Kashinath
Marathe, Swaminathan Gurumurthy, Revathy Iyer, and Sachin Chaturvedi have all
been renominated by the national government to serve as part-time, non-official
directors on the RBI’s central board or central board of the Reserve Bank of
India. The RBI said on its website that Gurumurthy and Marathe have been
renominated for another term of four years, until further instructions for
RBI’s central board. RBI’s central board: Key Points
a)
After
the RBI’s central board current terms expire on September 18, 2022, Iyer and
Chaturvedi have been renominated for another four years.
b)
Anand
Mahindra, the chairman of the Mahindra & Mahindra group, Venu Srinivasan,
the Chairperson of TVS Motors, Pankaj Patel, the chairman of Zydus
Lifesciences, and Ravindra Dholakia, a former member of the Monetary Policy
Committee, were nominated by the government in June to serve as part-time
non-official directors on the RBI’s central board.
BUSINESS AND ECONOMY
1.
India Can Be USD 5 Trillion Economy By FY29 If GDP Grows At 9% For 5 Years: India may become a
USD five trillion economy by 2028-29 only if the GDP grows at nine per cent per
annum consistently for the next five years, said by former RBI Governor D
Subbarao at Federation of Telangana Chamber of Commerce and Industry on India
@75- Marching Towards USD 5 Trillion Economy on the occasion of 75 years of
Indian Independence.
The Key Challenges: He said there are
eight key challenges for India to overcome to achieve the dream of 5 trillion
economy. The challenges are increasing investment, improving productivity and
education and health outcomes, creating jobs, raising agriculture productivity,
maintaining macroeconomic stability, managing global mega trends and improving
governance, it said. Subba Rao further said that PM Modi triggered a debate on
State subsidies and all political parties are at fault for the situation.
AWARDS AND HONOURS
1.
Dadabhai Naoroji’s London home gets Blue Plaque honour: London home of
Dadabhai Naoroji will get a ‘Blue Plaque’, an honour that is reserved for
notable personalities who have lived and worked in London. Naoroji was the
first Asian who was elected as a Member of Parliament in Britain. The Blue
Plaque scheme, run by the English Heritage charity, honours the historic
significance of particular buildings across London. Naoroji’s plaque was
unveiled to coincide with the 75th-anniversary celebrations of Indian
Independence.
Naoroji often referred to as the “grand old
man of India”, is reported to have moved to Washington House, 72 Anerley Park,
Penge, Bromley, at a time when his thoughts were turning increasingly towards
full independence for India in 1897. That red-brick home now has a plaque which
reads: “Dadabhai Naoroji 1825-1917 Indian Nationalist and MP lived here”.
Other Indians who received the Blue
Plaque:
The Blue Plaque was erected at the homes of Raja Ram Mohan Roy, Mahatma Gandhi,
Sri Aurobindo, Jawaharlal Nehru, and BR Ambedkar among others. Gandhi’s house
was commemorated with the Blue Plaque in 1986. India’s first Prime Minister
Jawaharlal Nehru’s home at 60 Elgin Crescent, Notting Hill received the Blue
Plaque in 1989.
The history behind the Blue Plaque: In 1863, MP William
Ewart of the House of Commons introduced the idea of a commemorative plaque
scheme. Three years later, the Society of Arts adopted the scheme. In 1867, the
organisation erected two plaques – one commemorated poet Lord Byron at his
birthplace at 24 Holles Street at Cavendish Square and the other one honoured
Napoleon III on King Street, Westminster. By 1986, English Heritage assumed
charge of the scheme. Since then, English Heritage has erected over 360 plaques
in more than 900 buildings in London.
DEFENCE
1.
Defence Minister Rajnath Singh unveils statue of Marwari warrior Veer Durgadas
Rathore:
Defence Minister Rajnath Singh has unveiled the Statue of “Veer Durgadas
Rathore” on his 385th birth anniversary in Rajasthan’s Jodhpur. The Raksha
Mantri paid glowing tribute to Veer Durgadas Rathore on the occasion, terming
him as the symbol of social harmony, honesty, bravery and devotion. He stated
that people, irrespective of caste or religion, should take inspiration from
Veer Durgadas Rathore, who strived for peace and harmony against divisive
elements in society. Veer Durgadas Rathore:
a)
Durgadas
Rathore (13 August 1638 – 22 November 1718) was the Rathore Rajput General of
the Kingdom of Marwar. He is credited with having preserved the rule of the
Rathore dynasty over Marwar, India, following the death of Maharaja Jaswant
Singh in the 17th century.
b)
In
doing so he had to defy Aurangzeb, a Mughal emperor. He commanded the Rathore
forces during the Rajput War (1679–1707) and played a major role in the Rajput
Rebellion (1708–1710) which became one of the main reasons for the decline of
the Mughal Empire.
c) He was elected as the leader of the revolt along with Raja Jai Singh II of Jaipur. He won a number of victories against the Mughals and forced many Mughal officers to pay tribute to him in the form of Chauth.
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