NATIONAL UPDATES:
1. India's
first underground transformer unveiled in Bangalore: Bengaluru’s first underground electric transformer was
inaugurated at Malleshwaram by the city’s civic body and electricity board
together. Aim: To ensure the safety of people and to maintain the
aesthetics of India’s garden city. This adds to the overall safety of the
environment, encouraging the citizens to use footpaths without any hassles
since they’d be free from interruption during maintenance works of overhead
cables and related equipment.
2. Ahmedabad
becomes second city in India to implement emission trading scheme: The Gujarat government announced that after
Surat, Ahmedabad has become the second city in the country to
implement an emission trading scheme (ETS) for particulate pollution that
will help regulate industrial emissions and reduce the state’s pollution
levels. Aim: To reduce particulate pollutants PM2.5 and PM10. Objective: to
ensure a balance between economic development and environment preservation. The
scheme will cover 118 industries in Ahmedabad.
3. Jharkhand
Cabinet approves 1k pension for transgender community: Jharkhand Cabinet gave its approval for transgender
persons to be provided benefits of the State Social Security Scheme under
which they will be given a pension of Rs 1,000 per month. Transgenders
are included in the category of OBC. Proposals are first, transgender
persons should be declared as a third gender Second, Those transgender persons
who are not covered under any other category for reservation should be
included in the OBC at serial number 46 in the list
4. Anushka Sharma appointed as Brand Endorser by “W”: Women’s fashion brand W has on-boarded actor and entrepreneur Anushka
Sharma as its brand ambassador. The brand has launched its festive campaign
featuring Sharma that talks about every festival having a story. With this
partnership, the brand prepares to launch its high-decibel festive campaign
that beautifully merges the warmth of festivities with the spirit of modernity.
INTERNATIONAL UPDATES:
1. Japan
launches rocket carrying ‘Moon Sniper’ lunar lander: Japan launched a lunar lander on 7th Sep 2023, aiming
to become the fifth nation to achieve a soft landing on the moon's
surface following India's success. The Smart Lander for Investigating Moon
(SLIM) was sent to space on an H-IIA rocket. SLIM is a light
and small spacecraft developed by Mitsubishi Electric. One of the goals of the
mission is to demonstrate precision landing technology. The spacecraft is
expected to land within 100 meters of a target site.
2. International
Literacy Day is observed on 8th September: The
world observes International Literacy Day on September 8
to signify the role of literacy and education in one's life. Theme 2023 -
Promoting literacy for a world in transition: Building the foundation for
sustainable and peaceful societies.' The day reminds us of the importance of
personal development, literacy, and progress of society. The day is a stark
reminder of the fact that literacy is not a luxury but a fundamental right
important for a person's dignity.
3. Telangana
govt partners with Tabreed for cooling infrastructure: UAE-based leading cooling utility firm Tabreed has signed MoU with
the Government of Telangana to build 1.25 lakh refrigeration tonne
(RT) of district cooling plants and networks. Aim: To aid
6,800 GWh of power as well as 41,600 megalitres of water savings, and has the
potential to reduce over 200 MW of peak electricity demand. Telangana is set to
house Asia's largest district cooling system to establish cooling
infrastructure for industrial parks.
4. Amazon
Signs MoU With 5 Indian States To Empower People With Disabilities: Amazon India signed a MoU with five State Governments, including
Haryana, Maharashtra, Gujarat, Karnataka and Tamil Nadu, to train
employable Persons with Disabilities (PwDs) and bring them to the mainstream
workforce. Aim: To provide skilling and employment opportunities to PwD
candidates in these five states. Under this initiative, Amazon has a focus on
skilling and livelihood for PwD across Amazon India’s Operations network, over
a period of three years.
5. World
physiotherapy day is observed on 8th September: World
Physical Therapy Day observed on 8 September celebrates the significant
contributions of physical therapists and physiotherapists in promoting health
and well-being. The Theme of 2023 is "prevention and management of
arthritis". It serves as an opportunity to raise awareness about the
crucial role these professionals play in helping people recover from injuries,
manage chronic conditions, and improve their overall physical function and
quality of life.
6. Kerala to Host Inaugural Zayed Charity Marathon in
2024: The Higher Organizing Committee of the Zayed
Charity Marathon has announced that the inaugural edition of the marathon
in India will be held in Kerala in 2024. The marathon will be held in
collaboration with the authorities in Kerala State and the Indian community in
the UAE. The proceeds from the marathon in Kerala will be used to support
healthcare initiatives in the state. Zayed Charity Marathon is a prestigious
event that honors the legacy of the late Sheikh Zayed bin Sultan Al Nahyan,
Former President of the United Arab Emirates. The Zayed Charity Marathon was
launched in 2001 in Abu Dhabi to spread humanitarian and charitable messages
that embody the legacy of the late Sheikh Zayed bin Sultan Al Nahyan.
7. India will open embassy in Timor
Leste: At the ASEAN-India summit, the prime minister
announced the decision to establish an Indian Embassy in Dili,
Timor-Leste. PM Modi announced the decision while co-chairing the annual
ASEAN-India summit in this Indonesian capital. The decision is a reflection of
the importance India attaches to ASEAN and its relations with Timor Leste. Timor
Leste joined the Association of Southeast Asian Nations (ASEAN) in 2022 as an
Observer, before becoming its full member. ASEAN is considered one of the most
influential groupings in the region, and India and several other countries
including the US, China, Japan, and Australia are its dialogue partners.
8. 7 September – International Day of Clean Air for Blue
Skies: International Day of Clean
Air for Blue Skies is observed annually on 7 September. The day is
dedicated to recognizing the vital importance of clean air for people’s
well-being and daily life. Theme 2023 – Together for Clean Air Resolution
74/212 of January 22, 2020, established September 7 as the “International Day
of Clean Air for Blue Skies”.
9. 8 September – International Literacy Day: International Literacy Day is celebrated
every year on 8 September. The day aims to highlight the importance of literacy
for human rights, dignity, and the development of sustainable societies. Theme
2023 – Promoting literacy for a world in transition: Building the
foundation for sustainable and peaceful societies UNESCO introduced
International Literacy Day in 1966 at its 14th General Conference. The first
International Literacy Day was celebrated in 1967. The official date of
International Literacy Day is 26 October, which was established during the 1966
UNESCO conference.
OTHER UPDATES:
SPORTS
1. Indian
men’s team won bronze medal at Asian Table Tennis Championships 2023: In Table Tennis, the Indian men’s team finished with
a bronze medal at the Asian Table Tennis Championships 2023 following
a semi-final defeat to Chinese Taipei in Pyeongchang, the Republic of
Korea. Indian men’s team comprising Sharath Kamal, Harmeet Desai and
Sathiyan Gnanasekaran lost in their final four match. The two losing
semi-finalists are awarded bronze medals at the competition. This championship
was also a qualifier for the Paris 2024 Olympics.
2. Amul to sponsor Indian Contingent at Hangzhou Asian
Games 2023: Amul is named as the official sponsor of
the Indian Contingent for the 19th Asian Games 2022 to be held in
Hangzhou, China from September 23 to October 8, 2023. Amul has partnered
with Indian sportspersons through the Indian Olympic Association since the
London 2012 Olympics for all Indian contingents to Olympics, Commonwealth Game.
The XIX Asian Games 2022 will feature 482 events across 40 sports. The Asian
Games, also known as Asiad, is a continental multi-sport event held every
fourth year among athletes from all over Asia. The upcoming event is officially
called the 19th Asian Games Hangzhou 2022. It was originally slated to be held
last year but was postponed due to Covid-19. The India contingent will field
634 athletes at the Asian Games across 38 different sports with the largest
contingent of 65 in athletics. At the last edition, Jakarta 2018, India sent a
contingent of 570 to compete in 36 sports and won 70 medals.
BANKING AND FINANCE
1. SBI
Card launches credit card for MSMEs to cater to short-term credit needs: Credit card issuer SBI Card launched a new credit
card SimplySAVE Merchant SBI Card for MSMEs to cater to their
short-term credit requirements. Available on RuPay network, the card can
be linked to UPI for payments through various UPI-enabled third-party
apps. MSMEs contribute significantly towards economic growth and
job generation Launch of SimplySAVE Merchant SBI Card is an attempt to address
this larger segment by extending interest-free short-term credit to MSME
2. Mastercard
partners with KredX to Make B2B Payments Rewarding for Vendors: Mastercard collaborated with KredX, a supply chain finance
platform, to make B2B digital payments rewarding for both enterprises and
vendors. Aim: To integrate its commercial card service with the
KredX platform, eliminating the complexities associated with B2B payments,
especially those made via cards. Equipped with features like dynamic
discounting, early payment and price discovery, the platform will enable
enterprises and vendors to improve their cash flows.
3. SBI
Card adds new features to AURUM super premium credit card: SBI Card, the country’s largest pure-play credit card issuer, has
unveiled new features of its super-premium card ‘AURUM’, targeted at
C-suite executives and high net-worth individuals. Aim: To enhance
benefits to its users, ranging from the introduction of new annual
spending-based milestones and welcome benefits to additional international
lounge benefits AURUM cardholders will now be able to derive benefits of up to
worth ₹ 2 lakh annually, basis their spends.
4. NPCI
launches slew of new payment options on payment platforms UPI: The National Payments Corporation of India has
launched Credit Line And Voice-Enabled Payments on popular payment
platforms UPI. Aim: To create an inclusive, resilient, and sustainable
digital payments ecosystem that will help UPI achieve the target of 100 billion
transactions per month. NPCI has partnered with AI4Bharat at IIT Madras,
to co-develop Hindi and English payment language models.
AWARDS AND HONOURS
1. Adeeb Ahamed wins Leading Fintech Personality of the Year Award: Global Fintech Awards (GFA) 2023 is held annually as part of the Global Fintech Fest (GFF) 2023 in Mumbai, India. This year, the coveted global award for ‘Leading Fintech Personality of the Year’ from the Gulf Cooperation Countries (GCC) region was awarded to Adeeb Ahamed, Managing Director of the Abu Dhabi-based Lulu Financial Holdings. A visionary entrepreneur in the financial services world, Adeeb has been instrumental in revolutionizing cross-border payments between the GCC and India. His company operates a network of 300+ customer engagement centres and digital payment solutions in 10 countries across the Middle East, Asia Pacific and GCC regions.
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