NATIONAL UPDATES:
1. Himachal
CM Sukhu launches SABAL Yojna to empower specially-abled children: Himachal Pradesh CM Sukhvinder Singh Sukhu launched
the Mukhya Mantri Sporting Abilities, Rebuilding Aspirations and
Livelihood Scheme (SABAL). Objective: To take care of
specially-abled children in around 400 schools across Hamirpur, Solan, and
Shimla districts. Aim: To improve the lives of specially-abled children in
the state. The initiative focuses on providing essential facilities and
opportunities for them, a statement issued here said.
2. Center
signs MoU with Adobe to help children learn AI: Union
Ministry of Education Dharmendra Pradhan signed an MoU with global
software major Adobe to help children develop creative expression in
classrooms using the application Adobe Express. Aim: To provide schools
across the country with free access to Adobe Express Premium and the
professional development of educators. In the time of digitisation, new ideas,
new innovation the partnership will create a new standard and benchmark for
students.
3. Dharmendra Pradhan launches 3-year partnership with
Meta: Dharmendra Pradhan has launched a 3-year
partnership “Education to Entrepreneurship: Empowering a generation of
students, educators and entrepreneurs” between the Ministry of Education,
Ministry of Skill Development & Entrepreneurship, and Meta in New
Delhi. Three Letters of Intent (LoI) were exchanged between Meta and NIESBUD,
AICTE and CBSE. The initiative launched is in furtherance to Prime Minister
Shri Narendra Modi’s vision of making India a skilled capital of the world and
empowering our Amrit Peedhi. Under the partnership with NIESBUD, five lakh
entrepreneurs will get access to digital marketing skills by Meta over the next
three years.
4. IIT Jodhpur scientists develop ‘CODE’ device for good
air quality: Indian Institute of
Technology Jodhpur researchers have developed a novel Cold-plasma
Detergent in Environment (CODE) device for good indoor air quality. The
CODE device consumes less power, deactivates bacteria, moulds and viruses,
captures dust and pollen, and also removes odours. The device has been tested
extensively which deactivates more than 99.99 percent of harmful pathogens and
provides quality indoor air. Air pollution is basically one of the top 5 risks
causing chronic diseases, according to the World Health Organization. We
consume nearly 8 times as much air by volume as food and 4 times as much air as
water. Indoor air often contains around 2-5 times more pollution as compared to
outdoor air. The concept is based on non-equilibrium cold plasma in combination
with nano-technology. This Novel CODE device produces optimum concentrations of
negative ions having cold-plasma detergent ions as well as positive ions in an
environment similar to mother nature.
5. Lokesh Suji elected to IESF Membership Committee for
3-year term: The General Body of the
International Esports Federation (IESF) has elected Lokesh
Suji, director of the Esports Federation of India (ESFI) and
vice-president of the Asian Esports Federation (AESF), to its membership
committee for a three-year term. The election marks the first time that an
Indian has become a part of the membership committee of the International
Esports Federation. The elections for Suji’s appointment were conducted during
the recent Ordinary General Meeting (OGM) of the IESF on August 28 in Iasi,
Romania, where out of the 70 voting and present members, a majority of 42
member countries voted in favour of his selection. As part of the membership
committee, he will now leverage his experience and expertise to ensure the
execution of the process, contributing to a future for esports within the IESF.
INTERNATIONAL UPDATES:
1. Nasscom
appoints Cognizant India MD Rajesh Nambiar as Chairperson: Rajesh Nambiar, Chairman and Managing Director of Cognizant India, has
been appointed as the new Chairperson of Nasscom. He succeeded Anant
Maheshwari, former president of Microsoft India. Chairperson Rajesh Nambiar
along with President Debjani Ghosh, will continue to work with the Nasscom
Executive Council, industry, and the government in strengthening India's
position as a global technology hub while navigating the current volatile macro
environment.
2. Corning
to build $113m India’s First Gorilla Glass plant in India: US-based multinational technology company Corning has announced plans
to set up a $113m First Gorilla Glass manufacturing facility in the Indian
state of Telangana. Telangana accounts for 6% of the electronic production in
India, with more than 250 companies employing over 50,000 people across
different industry sub-segments there. Importantly it is a strategic investment
in manufacturing for smartphones and other electronic devices.
3. 20
Expansion: The arrival of G21 with the African Union: The G20 Summit is poised to make history by transforming into
the G21 with the inclusion of the African Union (AU). This move,
proposed by India, reflects a growing recognition of the importance of
representing the global south. AU consisting of 55 diverse member countries, is
set to join the ranks of the world’s 20 largest economies later this
week. AU also comprises eight regional economic committees each with its
own structure and role.
4. OpenAI
chief Sam Altman becomes the first to get Indonesia’s ‘Golden Visa’: Indonesia has granted its first golden visa to Sam
Altman, the CEO of OpenAI, a pioneering firm in artificial
intelligence. Aim: To serve as an incentive for high-profile foreign
investors. The Indonesian immigration authority issued a 10-year visa to
Altman, acknowledging his global renown and potential contributions to the
nation. He is set to benefit from priority security screening at airports and
streamlined entry and exit procedures.
5. Bharat
Electronics inks pact with Israel Aerospace:
Bharat Electronics Limited (BEl) and Israel Aerospace Industries
(IAI) and the defence company, have inked an MoU for cooperation
in addressing India’s requirements in the domain of Short Range Air Defence
Systems. Objective: To boost the cooperation between the two companies in the
field of Short Range Air Defence Systems. Aim: leveraging IAI and BEL’s
capabilities and is in sync with the ‘Atmanirbhar Bharat’ and ‘Make in India’
policies of the Government of India.
6. Vanuatu
parliament appointed Sato Kilman as prime minister:
Vanuatu’s parliament elected Sato Kilman as the nation’s new
prime minister and replaced Ishmael Kalsakau. Kilman, a former prime
minister and leader of the People’s Progressive Party, was elected prime
minister by 27 of 50 lawmakers in a secret ballot. Alatoi Ishmael Kalsakau is a
Vanuatuan politician who served as Prime Minister of the Republic of Vanuatu
from 4 November 2022 until 4 September 2023.
OTHER UPDATES:
BANKING AND FINANCE
1. Hitachi
Payment Services launches India's first-ever UPI-ATM with NPCI: Hitachi Payment Services, a subsidiary of Japan-based Hitachi
Ltd, announced the launch of India's first-ever UPI-ATM as a White
Label ATM (WLA) named Hitachi Money Spot UPI ATM, with the
National Payments Corporation of India (NPCI). The ATM will offer cardless cash
withdrawals, eliminating the need for physical cards. A UPI-ATM allows
users to withdraw cash from multiple accounts using the United Payments
Interface app. WLAs are operated by non-banking entities.
2. Paytm
launches first ‘Card Soundbox’ enabling credit, debit card payment: Paytm has unveiled the Paytm Card Soundbox, a device
that allows merchants to accept both mobile and card payments, including Visa,
Mastercard, American Express, and RuPay, through its Soundbox. Aim: To
assist merchants in scaling their businesses by offering a "tap and
pay" solution via credit and debit cards. The new in-store payments option
also provides audio-based confirmations using Paytm Soundbox. The Paytm
Soundbox features a 4W speaker for clear payment alerts
3. Indian
Bank collaborates with IBM to deploy new front-end banking apps: Indian Bank has collaborated with Nasdaq-listed IBM to
deploy future ready infrastructure to enhance scalability and agility. Aim: To
accelerate its modernisation path with flexible and secure infrastructure for
deploying new front-end banking applications. The city-headquartered bank
wanted to consolidate its front branch servers for better manageability and
availability at Data Centres and Disaster Recovery centres under their 'Project
Paradise' initiative.
4. Paytm launches new ‘Soundbox’ that enables card
payments: Paytm has launched its latest innovation
– Card Soundbox, which is intended to empower merchants to accept both mobile
and card payments across all Visa, Mastercard, American Express, and RuPay
networks. UPI payment system has become hugely popular for retail digital
payments in India, and its adoption is increasing at a rapid pace. These
card-based payments on ‘tap and pay’ basis will help merchants scale their
business. With Paytm Card Soundbox, the company solves two problems for
merchants – accepting card payments along with instant audio alerts for all
payments. Paytm was the first company to launch audio-based confirmations with
Paytm Soundbox in 2019. Paytm Card Soundbox has a built-in ‘tap and pay’
functionality through which merchants can accept card payments up to Rs 5,000.
AWARDS AND HONOURS
1. Mukesh
Ambani, Gautam Adani top the Fortune India Rich List for 2023: Mukesh Ambani, the patriarch of Reliance Industries (RIL), have
secured the top position on the Fortune India Rich List
2023, with wealth of $99.7 billion Gautam Adani, the chairman of the
Adani Group of companies, secured second position with a wealth of
$63.71 billion. With a wealth of $34.6 billion, the Mistry family
of Shapoorji Pallonji Group holds the third position on the
list The Poonawalla family with a wealth of $32.9 billion,
stands fourth.
2. Dr Navneet Agrawal won National Diabetologist of the
Year Award: Chief Clinical Officer of BeatO, Dr
Navneet Agrawal was awarded the ‘Diabetologist of the Year (National
Winner)-2023’ for his exceptional medical service and dedication to the
cause of improving the lives of people with diabetes. The award, presented by
ET Healthcare Awards, recognizes Dr. Agarwal’s unwavering commitment and
contribution to improving diabetes management and the lives of lakhs of Indians
dealing with the condition. Dr Navneet Agrawal is the Chief Clinical Officer at
BeatO – a full-stack digital platform for diabetes control and management. He
leads the entire medical operations and medical affairs team, comprising an
esteemed panel of doctors, expert coaches and dietitians at BeatO.
OBITUARIES
1. Former
international umpire Piloo Reporter passes away aged 84: Former Indian umpire Piloo Reporter, a pioneer who was among
the first neutral umpires to officiate in Test cricket, passed
away in Mumbai at the age of 84, leaving behind a remarkable legacy. In
addition to international matches, Reporter also had a role in 13 first-class
matches, where he served as a match referee in two instances. He embarked on
his umpiring journey with the Delhi Test between India and England in December
1984.
2. N Valarmathi, the voice behind ISRO mission launches, passes away: Indian Space and Research Organization (ISRO) scientist N Valarmathi, the voice behind the national space agency’s rocket launch countdowns, has passed away. She was a part of the Range Operations Programme Office at the Satish Dhawan Space Centre where she used to announce the countdown on all launches. The mission was launched on July 14 with the aim of achieving a soft landing on the Moon’s South Pole, a feat that was achieved shortly after 6pm on August 23, as scheduled. With this, India became only the fourth country to achieve a lunar soft-landing, the others being the United States, Russia, and China. Also, India is the first nation to reach the Moon’s South Pole.
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