NATIONAL UPDATES:
1. Health
Minister inaugurates Amrita Patel Centre of Public Health in Gujarat: Union Health Minister Mansukh Mandaviya inaugurated
the Amrita Patel Centre of Public Health in Anand Gujarat. According to
Mandaviya, India is leading the world in the health sector today. Aim: To
strengthen the health infrastructure in the country. The Government is making
wide efforts to provide affordable and accessible healthcare for all. Mandaviya
who is on a visit to Gujarat, will attend several programmes in Surat later in
the day.
2. Titagarh
Rail Systems launches diving support craft for Indian Navy: Titagarh Rail Systems Limited’s shares were up by 0.84 percent
after the company launched its first Diving Support Craft (DSC) from
its shipyard in Titagarh, West Bengal. Aim: To play a vital role within
the Indian Navy’s Southern Naval Command Clearance Diving Teams, offering
essential support during underwater repair, maintenance, and salvage operations
within designated harbors The project aligns seamlessly with the Government of
India’s ‘Make in India’ initiative.
3. GalaxEye
launches drone-based imaging prototype: Ahead
of their planned satellite launch in 2024, IIT Madras-incubated space tech
startup GalaxEye Space launched their drone-based synthetic
aperture radar (SAR) system. Aim: To combine the prowess of the
drone-based SAR system and their planned imaging satellites to provide
all-weather imaging data from space. GalaxEye's satellite launch in Q3 of
2024 will be the latest in the long line of Indian space tech startups that are
currently preparing to launch into space.
4. National
Skyscraper Day is observed on 3rd September:
Skyscraper Day is celebrated on September 3 every year to capture people’s
imagination. The theme of National Skyscraper Day 2023 is Go on and
try to tear me down I will be rising from the ground This day is our golden
opportunity to appreciate these architectural marvels and feats of
engineering. Hosting a skyscraper is really a mark of your city's
economic prowess, and cities with more skyscrapers tend to see more business
activity than cities with lower rooftops.
5. CCI
approves merger of Tata SIA Airlines into Air India: The Competition Commission of India (CCI) approved the merger of
Tata Group airlines Vistara and Air India This will make Air India, India’s
leading domestic and international carrier with a combined fleet of 218
aircraft, making it India’s largest international carrier and second largest
domestic carrier. The deal is part of Tata Sons chairman N Chandrasekaran’s
effort to simplify the conglomerate’s businesses and make them more efficient.
6. Ministry of Social Justice signs MoU with NSKFDC: A momentous collaboration has been cemented as the Ministry of
Social Justice & Empowerment and the National Safai Karamcharis Finance and
Development Corporation (NSKFDC) inked a MoU for the fiscal years
2023-24 and 2024-25. This strategic partnership aims to enhance the
socio-economic upliftment of Safai Karamcharis, Manual Scavengers, Waste
Pickers and their dependants. NSKFDC is continuously working for the
empowerment of these most vulnerable and deprived sections of society through
its various loan based and non-loan-based schemes like Short Term Skill
Development Training Programmes. It focuses on complete mechanization of Sewer
and Septic Tank cleaning operation by providing soft loans at low rates of
interest to Sanitation Workers, Urban Local Bodies. NSKFDC also provides loans
upto Rs 1 lacs under its Mahila Samridhi Yojana and Micro Credit Finance
Scheme. The overall rate of interest is 4% and 5%, respectively. The other loan
schemes are General Term Loan and Green Business Schemes under which loans upto
Rs.15.00 lacs and upto Rs.30.00 lacs respectively are provided with rate of
interest at 6% and 1% rebate for women beneficiaries.
INTERNATIONAL UPDATES:
1. Amazon
partners with India Post, Railways for international deliveries: Amazon has signed a MoU with the Indian postal service and
has also partnered with the Indian Railways for a dedicated freight
corridor that will help Amazon expedite deliveries for its seller partners. Aim: To
create the first-of-its-kind, seamless, integrated cross-border logistics
solution. Smbhav, which is a corruption of the word Sambhav in Hindi, is
Amazon's event that is focused on enlightening MSMEs about the opportunities
that technology makes possible.
2. US state of Georgia declares October as ‘Hindu
Heritage Month’: The state of Georgia in the United
States has formally designated October as “Hindu Heritage
Month” to recognize and appreciate the valuable contributions made by the
vibrant Hindu-American community residing in the state. In an official
proclamation, Governor Brian Kemp has declared October as ‘Hindu Heritage’
month. October is a significant month for Hinduism as it contains
major festivals like Navaratri and Diwali. This declaration highlights the
intention to celebrate Hindu heritage by emphasizing its rich culture and the
diverse spiritual traditions that originate from India.
OTHER UPDATES:
SPORTS
1. Indian
Men's Hockey team beat Pakistan to win Men's Hockey 5s Asia Cup 2023: The Indian Hockey team beat Pakistan in a penalty shootout in
the final and won the inaugural Men’s Hockey 5s Asia Cup
2023 in Salalah, Oman. India also qualified for the FIH Men’s
Hockey5s World Cup Oman 2024. This is the first time in three meetings that
India has beaten Pakistan in the Hockey 5s format. Hockey India President
Dilip Tirkey congratulated the team on qualifying for the FIH Men's Hockey5s
World Cup Oman 2024 and winning the Gold medal.
BANKING AND FINANCE
1. PhonePe
enters online stock broking with a new app:
PhonePe announced its foray into the stock broking business with
the launch of a new mobile
application called ‘Share(dot)Market’, under its subsidiary
PhonePe Wealth Broking. This App elevates discount broking by providing market
intelligence and quantitative research-based WealthBaskets, a scalable
technology platform. It will be available as a mobile app and a dedicated
web platform, enabling retail investors to buy stocks, engage in intra-day
trades.
2. Mastercard
launches ALT ID solution for enhanced online payment security: Mastercard has launched the ALT ID solution in India to
enhance the security of guest checkout transactions on e-commerce platforms,
simplifying payments for merchants and cardholders. About ALT ID ALT ID
stands for Alternate Identification Number It is a custom-made capability
developed by Mastercard to create an alternate identifier for the real card
numbers provided by cardholders when at guest checkout transactions on
e-commerce platforms.
3. Razorpay partners with Truecaller for instant
checkout: A global caller identification
platform, Truecaller has partnered with Razorpay to provide
a fast and secure online checkout experience for shoppers with its 1-Tap,
OTP-Less Verification solution. Through this solution by Truecaller, Razorpay
will be able to deliver a faster, seamless checkout experience to the 200Mn+
customers that transact via Razorpay’s checkout annually. Customers would no
longer need to manually fill up their contact details or wait for OTPs during
the checkout, as these details will get auto-populated by Truecaller with a
single tap. This solution will help businesses with reduced drop-offs and 5%
higher conversion rates providing a faster checkout experience to their
customers. This strategic alliance between Razorpay and Truecaller is a
testament to their commitment to ensuring a frictionless user buying
experience.
OBITUARIES
1. Veteran Tamil actor and comedian RS Shivaji passes away at 66: Popular comedian and actor RS Shivaji passes away in Chennai Shivaji had a strong collaboration with actor Kamal Haasan and his production house Raaj Kamal Films International, contributing to many successful Tamil projects. Besides acting, Shivaji's career skills extended to assistant direction, sound design, and line production for multiple Tamil films. The actor predominantly worked in Tamil Cinema. Born in Chennai in 1956 to actor and producer M.R. Santhanam
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