Featured Post

Greetings!

Hi folks, Greetings from Paridhi Madam and Hardik Sir! Paridhi Madam and Hardik Sir are renowned educationists and have shaped li...

Tuesday, August 15, 2023

Daily GK Update- 16th Aug, 2023

NATIONAL UPDATES:

 

1. In a first in India, Goa to give free IVF treatment in govt hospital: Goa has become the first Indian state to offer free in vitro fertilization (IVF) treatment.  Chief Minister Pramod Sawant inaugurated the Assisted reproductive technology (ART) and intrauterine insemination (IUI), at the Goa Medical College (GMC) in Bambolim. About IVF It’s one of the more widely known types of ART IVF works by using a combination of medicines and surgical procedures to help sperm fertilize an egg and help the fertilized egg implant in your uterus.

 

2. G20 Film Festival begins in New Delhi: Veteran actor Victor Banerjee and Amitabh Kant (India's G20 Sherpa) have inaugurated the G20 Film Festival in New Delhi. Aims: To celebrate and showcase a vibrant and collaborative partnership existing amongst the G20 and invited countries in the field of cinema.  It is organized by the India International Centre and the G20 Secretariat of the Ministry of External Affairs.  The event will continue till 2nd September.

 

3. G20 Digital Economy Working Group meetings to begin in Bengaluru: The G20 4th Digital Economy Working Group and Digital Economy Ministerial meetings will be held in Bengaluru from August 16th to 19th.  Aim: To discuss the various issues relating to digital information, service delivery to citizens and the growth of the digital economy There would be the Digital Innovation Alliance summit on August 17 and 18th to recognize and support innovators from various G20 member countries and Guest countries.

 

4. Govt launched Vishwakarma Yojana for skilled traditional craftsmen: The government would launch a special scheme for traditional craftsmen and workers during Vishwakarma Jayanti on September 17. Objective: To benefit individuals skilled in traditional craftsmanship, particularly from the OBC community. Weavers, goldsmiths, blacksmiths, laundry workers, barbers, and their families will be empowered through the Vishwakarma Yojana The PM showcase the importance of capitalising on the demographic dividend and preparing a skilled workforce

 

5. Ministry of Youth Affairs & Sports is organizing Y20 Summit in Varanasi: The Ministry of Youth Affairs and Sports is organizing Youth 20 Summit-2023 from 17th August to 20th August in Varanasi, Uttar Pradesh.  The themes include Future of Work: Industry 4.0, Innovation and 21st Century Skills, Peacebuilding and Reconciliation: Ushering in an Era of No War, and Climate Change and Disaster Risk Reduction. The Y20 Summit will bring together youth experts, decision-makers, and youth representatives from G20 countries.

 

6. Parsi New Year 2023: 16th August: The Parsi New Year is observed on August 16, 2023. This day marks the beginning of the Zoroastrian calendar.  The Parsi New Year, also known as the festival of Navroz or Nowruz, falls between July and August in India.  Derived from the Persian words 'Nav' and 'Roz' which literally translates to 'new day', the tradition of celebrating Parsi New Year is believed to have been observed by Iranians and Zoroastrians for the past 3,000 years.

 

7. Amrit Udyan reopened for public from 16th August 2023: Amrit Udyan, formerly known as the Mughal Gardens has been open to the public starting from today for a period of one month (until September 17). This will be the second edition of Udyan Utsav that aims to display the vibrant summer annual blossoms to visitors. In a first instance, these iconic gardens at Rashtrapati Bhavan are being accessible twice within a single year. Visitors can visit the gardens from 10 am to 5 pm (last entry at 4 pm).

 

8. NHA and IRDAI collaborate to boost digital health integration in insurance: The National Health Authority (NHA) and IRDAI (Insurance Regulatory and Development Authority of India) jointly organized an exclusive three-day Accelerator Workshop Aim: To  help insurance companies complete their Ayushman Bharat Digital Mission (ABDM) integration and to facilitate adoption of Health Claims Exchange (HCX) specifications IRDAI also issued a circular advising the insurers and providers get on-boarded to the National Health Claims Exchange (NHCX).

 

9. Goa to give free IVF treatment in govt hospital: Goa has become the first Indian state to offer free In Vitro Fertilization (IVF) treatment. The inauguration of this service, alongside assisted reproductive technology (ART) and intrauterine insemination (IUI), was done by Chief Minister Pramod Sawant at the Goa Medical College (GMC) in Bambolim. Depending on the hospital and the kind of IVF treatment, the cost of IVF in India comes between Rs 70,000 to Rs 3 lakh per cycle. The service is already receiving a good response, with approximately 100 parents registering with GMC to access the IVF facility located within its super-specialty block.

 

INTERNATIONAL UPDATES:

 

1. 1st crude oil transaction in local currency undertaken between India-UAE: The first-ever crude oil transaction under the newly implemented Local Currency Settlement (LCS) system took place between Abu Dhabi National Oil Company and Indian Oil Corporation Limited. Both Indian Rupees and UAE Dirhams were used for the transaction,  India and UAE have a strong oil and gas relationship and the UAE is a key partner for India's energy security.  UAE is the fourth largest source of crude oil and the second largest source of LNG and LPG for India.

 

2. PayPal names Intuit's Alex Chriss as its new CEO: PayPal appointed Alex Chriss as CEO, replaced its longest-serving chief executive officer Dan Schulman in August 2023. He currently serves as the Executive Vice President and General Manager of Intuit's Small Business and Self-Employed Group,  The change of guard marks a watershed moment for digital payments giant PayPal, which has been looking to push deeper into the cryptocurrency payments space with the launch of a U.S. dollar stablecoin last week.

3. Infosys bags $1.6 billion deal with telecom firm Liberty Global: Indian IT services company, Infosys has bagged a €€1.5 billion ($1.64 billion) deal from Liberty Global to build and scale the entertainment and connectivity platforms of the digital communications firm. The agreement has an initial tenure of five years which can be extended to eight years, which would take the deal value to €€2.3 billion ($2.5 billion). This is the third big agreement, which Infosys has clinched this year and comes at a time when the company has cut its revenue guidance for the current fiscal amidst tough macroeconomic conditions. Infosys’ deal follows, HCL Tech, which last week a bagged a $2.1- billion contract from Verizon. Three months back, Tata Consultancy Services (TCS)-led consortium also received an order of Rs 15,000 crore ($1.8 billion) from BSNL, for the deployment of a 4G network across India. Last month, even L&T Technology Services announced that it has won $50 million deal in the same vertical.

 

4. Anwarul Haq Kakar sworn in as Pakistan’s Caretaker Prime Minister:               Anwarul Haq Kakar was sworn in as Pakistan’s caretaker prime minister to head a neutral political set-up to run the cash-strapped country and conduct the next general elections. President Arif Alvi administered the oath to 52-year-old Kakar at a simple ceremony held at the President House, attended by outgoing prime minister Shehbaz Sharif and several top leaders. He became the 8th interim prime minister of Pakistan. Kakar formally resigned from the Senate and the Balochistan Awami Party (BAP), solidifying his commitment to the neutrality demanded by his current position.

 

5. 16 August- Bennington Battle Day: Bennington Battle Day is observed annually on August 16, and stands as a revered state holiday in Vermont. This commemorative day honors the valor and determination displayed by American and Vermont forces during the Revolutionary War’s Battle of Bennington in 1777. The Battle of Bennington held substantial significance, marking a turning point in the Revolutionary War. This pivotal encounter proved instrumental in securing Vermont for the American cause and lifting spirits dampened by a series of British successes. Furthermore, the battle’s outcome resulted in the capture of vital supplies crucially needed by the British. The origins of Bennington Battle Day can be traced back to 1778 when the Vermont General Assembly passed a resolution to memorialize the valorous events of the battle. The inaugural formal celebration of Bennington Battle Day took place in 1780.

 

OTHER UPDATES:

 

SPORTS

 

1. England pacer Steven Finn announces retirement from all forms of Cricket: England fast bowler Steven Finn has announced his retirement from all forms of cricket. He suffered a knee injury that kept him out of action for most of 2023 and led to him calling time on his 18-year career. Finn played 36 Tests, 69 ODIs and 21 T20Is after making his international debut in 2010 against Bangladesh. He showed his wares early in his career, returning 14 wickets in England’s win in the men’s Ashes of 2010-11. He also picked up 12 wickets – the second-most for England – in the 2015 Ashes that they won. Overall, he finished with 125 wickets in Tests, 102 in ODIs and 27 in T20Is.

 

2. Woakes named ICC Men’s Player of the Month for July 2023: England all-rounder Chris Woakes was named the ICC Men’s Player of the Month for July 2023. The Englishman beat compatriot Zak Crawley and Netherlands’ Bas de Leede to claim the honour. He bagged the Player-of-the-Match at the Oval and was also named the Player-of-the-Series for his 19 wickets in three matches at an average of 18.15.

 

BANKING AND FINANCE

 

1. RBI imposes monetary penalty on four co-operative banks for violating rules: The Reserve Bank has imposed monetary penalties on four co-operative banks for deficiencies in regulatory compliance. These banks are — Baroda Gujarat Gramin Bank, Vadodara, The Aska Co-operative Central Bank Ltd., Bally Cooperative Bank Ltd., Howrah and The Nabapalli Co-operative Bank Ltd., West Bengal. RBI imposed a penalty of Rs 2.50 lakh on Nabapalli Co-operative Bank, West Bengal and Rs 1 lakh on Bally Co-operative Bank, West Bengal. The penalty on Aska Cooperative Bank, Aska (Odisha) was Rs 50,000 and on Baroda Gujarat Gramin Bank, Vadodara (Gujarat) was Rs 5 lakh. The central bank said that the penalties were due to deficiencies in regulatory compliance by the banks.

 

2. India to become 3rd largest economy by 2027: SBI chief economist: The Group Chief Economic Advisor at the State Bank of India (SBI), Soumya Kanti Ghoshon has reiterated that India is likely to become the third-largest economy by 2027. Indian economy is currently ranked fifth and is behind the US, China, Japan, and Germany. In 2014, India was the 10th largest economy. In 2022, India became the fifth-largest economy overtaking the UK. And most likely in the next couple of years, by 2027, India will become the third largest economy, just after US and China. India to become a developed country by 2047. And that is actually a true reflection of unity in diversity. And that is possibly the best gift that India could get in its hundred years of independence.

 

AWARDS AND HONOURS

 

1. 954 Police personnel awarded Police Medals on Independence Day: A total of 954 Police personnel has been awarded Police Medals on the occasion of Independence Day. The President’s Police Medal for Gallantry has been awarded to CRPF personnel and the Police Medal for Gallantry has been awarded to 229 personnel. President’s Police Medal for Distinguished Service has been awarded to 82 and the Police Medal for Meritorious Service to 642 personnel. 125 personnel from Left Wing Extremism affected areas, 71 personnel from Jammu and Kashmir region and 11 personnel from North East region are being awarded for their gallant action. Among the majority of the 230 Gallantry Awards, 125 personnel from Left Wing Extremism affected areas, 71 personnel from Jammu & Kashmir region and 11 personnel from North East region are being awarded for their gallant action. Among the personnel receiving Gallantry Awards, 28 are from CRPF, 33 are from Maharashtra, 55 are from J&K Police, 24 are from Chhattisgarh, 22 are from Telangana and 18 are from Andhra Pradesh the remaining from the other States/UTs and CAPFs.

 

2. 53 personnel awarded Fire Service Medals on Independence Day 2023: A total of 53 personnel has been awarded Fire Service Medals on the occasion of Independence Day 2023. Out of these, President’s Fire Service Medal for Gallantry is awarded to 03 personnel and Fire Service Medal for Gallantry is awarded to 01 personnel for their respective acts of valour and gallantry. President’s Fire Service Medal for Distinguished Service is awarded to 8 personnel and Fire Service Medal for Meritorious Service is awarded to 41 personnel for their respective distinguished and meritorious records of services. In addition, 48 personnel/volunteers are also awarded Home Guards & Civil Defence Medals on the occasion of Independence Day, 2023.

 

3. Ashleigh Gardner becomes 1st Australian to win consecutive ICC awards: Ashleigh Gardner of Australia has achieved a historic feat by becoming the first Australian cricketer to secure the ICC Player of the Month Award in back-to-back months. Ashleigh Gardner has become the first-ever Australian cricketer to win the ICC Player of the Month award in consecutive months. For her outstanding performances in the month of July, Gardner emerged victorious in the ICC POTM award. This victory marks the fourth occasion that she has clinched this prestigious monthly accolade, surpassing fellow all-rounders Ellyse Perry and Nat Sciver-Brunt in the race for the title. Gardner played a pivotal role in both batting and bowling during the T20I leg of the Ashes series. Although she went without any wickets in the first and last matches, she contributed with the bat, scoring 31 and 32 runs. In the second T20I, she showcased her bowling prowess by capturing two wickets. This marked the fourth time Gardner has won the coveted monthly award.

 

OBITUARIES

 

1. Renowned author Hari Narke passes away in Mumbai: Renowned author and vice-president of Samata Parishad, Hari Narke passed away at the age of 70 in Mumbai. Narke was the professor of Mahatma Phule chair at Savitribai Phule Pune University and a former member of the Maharashtra Backward Class Commission. He was also a member of the Rangnath Pathare committee which was formed to collect evidence to prove Marathi as a classical language.


No comments:

Post a Comment