NATIONAL UPDATES:
1. Minister
Dharmendra Pradhan launches 3-year partnership with Meta: Union Minister for Education Dharmendra Pradhan launched a 3-year
partnership of his Ministry with Meta in New Delhi. Aim: To provide Digital and
marketing skills to students, educators, and entrepreneurs According to
Dharmendra Pradhan ‘Education to Entrepreneurship’ partnership is a
game-changer that will take Digital skill to the grassroots. Objective: To
build capacities of the talent pool, and seamlessly connect students, youth,
with futuristic technologies
2. Hyderabad
Firm Unveils India's First AI-Powered Anti-Drone System: A Hyderabad-based robotics company has introduced a cutting-edge autonomous anti-drone
system, utilizing artificial intelligence. Aim: To offers protection for
critical facilities such as nuclear sites and oil rigs and also extends its
coverage to include entire cities, effectively countering various types of
drones. Claimed to be the world’s only anti-drone system capable of protecting
against micro, mini, small, large and extra-large drones.
3. AG-365S
of Marut Drones becomes first DGCA-certified drone for dual usage: AG-365S kisan drone is India’s first Multi-utility
Agriculture small Category Drone to receive the prestigious DGCA approved
type certificate. AG-365S has highest endurance of 22 minutes, equipped with
high end sensors for smooth operations and tested extensively for best
quality. Marut Drones already boasts a Multipurpose Medium category
agricultural drone and multiple RPTOs in partnership with prestigious
institutions across India.
4. Meghalaya
uses AI-enabled tech to clean up tourist hotspot Umiam lake: Meghalaya has adopted Artificial Intelligence enabled robotic
technology to keep it's beautiful tourist hotspot Umiam lake clean. It is able
to collect huge quantities of garbage in a reasonable time from Umiam Lake,
which was formed when a dam was built over the Umiam River as part of a hydel
power project. The AI-enabled robotic boat was recently deployed in
collaboration with Smart Village Movement and Hong Kong-based technology firm
Clearbot
5. Koraput
Kalajeera Rice Gets GI Tag: Odisha’s ‘Koraput Kalajeera
Rice’, which is famous for its unique aroma and nutritional value,
was granted the Geographical Indications (GI) status. It is also called
the ‘Prince of Rice’. This highly aromatic rice looks like coriander
seeds. It is believed that the medicinal quality of this rice enhances
memory, controls diabetes, increases hemoglobin levels and the body’s
metabolism. It is grown in Tolla, Patraput, Pujariput, and Mohuli areas of
the Koraput district.
6. R Madhavan appointed as Chairman of FTII Pune: R Madhavan has been named as the chairman of the Film and
Television Institute of India (FTII), Pune. In addition to the post of
Chairman, Madhavan will also serve as the Chairman of the Governing Council of
FTII. Madhavan’s nomination follows the national recognition his film
‘Rocketry: The Nambi Effect’ received. ‘Rocketry: The Nambi Effect’ won the
prestigious Best Feature Film award at the 69th National Film Awards. ‘Rocketry:
The Nambi Effect’ throws light on the life of former ISRO scientist S Nambi
Narayanan and his remarkable contribution to India’s space agency.
7. Ministry of Education observes Literacy Week from 1st
to 8th September: The Government of
India has decided to organize a literacy week from 1st September to
8th September 2023 to celebrate International Literacy Day to generate
awareness among all the stakeholders/ beneficiaries/ citizens about the ULLAS-
Nav Bharat Saaksharta Karyakram. The week-long literacy campaign shall enable
mass participation to inculcate a sense of Kartavyabodh and Janbhagidari in
each and every citizen of the nation. Another main objective will be to
increase the number of registrations for learners and volunteers on the ULLAS
mobile app.
8. 5 September – National Teachers’ Day: National Teachers’ Day in India is
celebrated on September 5th every year. It is a day to honour and
celebrate the contributions of teachers to the society. The day is also
observed as a tribute to the memory of Dr. Sarvepalli Radhakrishnan, the second
President of India from 1962 to 1967. Radhakrishnan was a scholar, philosopher,
and teacher. He was also a strong advocate for education and believed that teachers
played a vital role in shaping the future of the nation. In 1962, when his
students asked him to celebrate his birthday, he requested that they instead
observe September 5th as Teachers’ Day.
INTERNATIONAL UPDATES:
1. 43rd
ASEAN summit in Jakarta to be held from 5th to 7th September: The 43rd Association of Southeast Asian Nations
(ASEAN) summit in Jakarta is being held from 5th to 7th of September.
Singapore’s
Prime Minister’s Office said in a statement today that ASEAN leaders will
discuss ways to ensure the bloc’s continued relevance and centrality in the
evolving regional architecture. Aim: To discuss strengthening ASEAN
integration and expanding collaboration in key areas such as the digital and
green economies.
2. Gabon's
military leader Brice Oligui Nguema sworn in as interim President: Brice Oligui Nguema, the leader of Gabon's military junta, has
been sworn in as the nation's interim President. Gabon is the sixth Francophone
country to fall under military rule in the last three years as former colonial
power France struggles to maintain its influence on the continent. Gabon has
been suspended from the African Union following the coup, which has been
condemned by the United Nations and France.
3. Visakhapatnam
Port's International Cruise Terminal inaugurated: The
International Cruise Terminal at Visakhapatnam Port, is poised to become a
pivotal gateway for both domestic and international cruise tourism
along India's eastern coast. This world-class facility promises to offer a
transformative experience to tourists while fostering economic growth and
benefiting local communities. About Cruise Terminal: A berth measuring 180
meters in length. Four mooring dolphins, two on each side, extending the total
length to 300 meters.
4. CCI approves merger of Vistara into Air India: The Competition Commission of India (CCI) has approved
the merger of Tata SIA Airlines into Air India, subject to certain
conditions. This landmark merger also involves Singapore Airlines (SIA) and
entails the acquisition of shares in the merged entity, Air India, subject to
certain voluntary commitments. TSAL (Tata SIA Airlines Limited) is a joint
venture between the Tata Group and Singapore Airlines with the former
holding 51% and the latter 49%. As part of the merger transaction, SIA shall
also invest Rs 2,059 crore in Air India. Post the consolidation, SIA shall hold
25.1% shareholding in Air India. The consolidation will make Air India India’s
largest international carrier and second-largest domestic carrier.
OTHER UPDATES:
SPORTS
1. Max Verstappen’s historic 10th consecutive race win at
the Italian GP 2023: Max Verstappen made history at
the 2023 Italian Grand Prix, scoring his 10th consecutive Formula 1
victory and setting a remarkable new record. Max Verstappen achieved a
remarkable feat in one season in Formula One, surpassing Sebastian Vettel’s
previous record of nine consecutive wins a decade ago. The victory at Monza
takes Verstappen’s total race wins this year to 12 and increases Red Bull’s
chances of becoming the first F1 team to win every race in a season. 25-year-old
Max Verstappen has won 47 races so far, making him fifth on the all-time list
of Formula One race winners. Red Bull also broke the record for most
consecutive F1 wins by a constructor with 15 — a record previously held by
Ferrari. Max Verstappen (race winner), Sergio PĂ©rez – (2nd place), Carlos Sainz
– (3rd place), Charles Leclerc – (4th place)
2. Mohun Bagan SG defeats East Bengal 1-0 at Durand Cup
finals: Mohun Bagal Super
Giant clinched the Durand Cup 2023 trophy beating East
Bengal 1-0 at the Salt Lake Stadium in Kolkata, West Bengal. With this
victory, Mohun Bagan SG became the first team in Durand Cup history to win 17
titles. With 16 titles, East Bengal are the second-most successful team in the
Durand Cup. Earlier, Mohun Bagan had made it to the Durand cup finals in 2004,
2009 and 2019, but could not register a victory back then.
· Golden Ball Award – Nandhakumar Sekar (East Bengal)
· Golden Boot Award – David Lalhlansanga (Mohammedan Sporting)
· Golden Glove Award – Vishal Kaith (Mohun Bagan Super Giant)
BANKING AND FINANCE
1. Airtel
to acquire 23,000 MWh of energy for Nxtra data centers: Bharti Airtel has announced its commitment to purchase 23,000
MWh of renewable energy by Q4 FY 23–24 to power its data centre
subsidiary, Nxtra. Aim: To reduce its carbon footprint and promote
sustainability. Through an open access route, Airtel will acquire stakes
in Continuum Green’s project company, which will supply green power from solar
and wind projects to six Nxtra Edge data centres located in Madhya Pradesh.
2. Bajaj Auto’s arm gets RBI nod to commence NBFC operation:
Bajaj Auto informed stock exchanges in its filing that its subsidiary Bajaj
Auto Consumer Finance has received a Certificate of Registration from the RBI
to commence the business of a non-banking finance company. Company has also
stated that Bajaj Auto Consumer Finance will carry out the business of
nonbanking financial institutions without accepting public deposits. The two-
and three-wheeler maker had made an application on July 9 2023 to the RBI for
an NBFC licence.
3. Indian
Bank partners with OneCard launch mobile-first, premium credit card: Indian Bank, a public sector bank in India, has announced
its partnership with OneCard, aimed at introducing state-of-the-art,
mobile-first, contactless, metal co-branded credit cards. Aim: To empower users
with full digital control over their credit card interactions ranging from
real-time transactions tracking, spends management, EMI conversion, reward
redemption, repayments, monthly budget planning to credit limit adjustments and
seamless payments, all in-app.
4. IDFC
First Bank makes digital rupee app interoperable with UPI QR codes: IDFC FIRST Bank has unveiled a new enhancement, the integration
of UPI QR Codes with its Central Bank Digital Currency app,
the IDFC FIRST Bank Digital Rupee. Aim: To encourage the use of the
digital rupee and make it more accessible. The new feature simplifies the
process for merchants to accept payments made with the digital rupee. This
development allows individuals to easily use digital rupees for payments
through existing UPI QR codes at various merchant outlets.
5. The first WHO Traditional Medicine Global Summit 2023 held in Gujarat: The WHO has released the outcome document of first WHO Traditional Medicine Global Summit 2023 in the form of “Gujarat Declaration”. The declaration reaffirmed global commitments towards indigenous knowledge, biodiversity and traditional, complementary and integrative medicine. WHO underlined that the application of rigorous scientific methods is needed to better understand, assess and, where appropriate, apply more holistic, context-specific.
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