Daily GK Update- 12th Sept, 2023

NATIONAL UPDATES:

 

1. AIBI appointed Mr. Mahavir Lunawat of Pantomath Capital as Chairman: The Association of Investment Bankers of India (AIBI) appointed Mahavir Lunawat, Managing Director of Pantomath Capital Advisors Pvt Ltd. as its Chairman. The Chairperson of AIBI represents Investment Bankers on the Primary Market Advisory Committee (PMAC) of SEBI and has been active in representing the members’ views, and comments. He has led some of the key M&As, and corporate restructuring projects and has lead managed more than 100 IPOs. 

 

2. NTPC Green Energy Limited to collaborate with Nayara Energy: NTPC Green Energy Ltd (NGEL) will partner with Nayara Energy, an oil refining and marketing company, to produce green hydrogen for Nayara Energy’s captive usage.  Aim:  To collaborate and produce green hydrogen for Nayara Energy’s captive usage, accelerate decarbonization and catalyse reduction in carbon footprint.   Objective: To explore and implement cutting-edge technologies to produce green hydrogen, contributing to a cleaner and more resilient energy landscape.

 

3. 3 member team to explore depths of the ocean in first manned ocean mission: Minister of Earth Sciences Kiren Rijiju announced the Samudrayaan Mission( MATSYA 6000 ) India’s first manned mission to explore the deep ocean, where three people will be sent into the depth of 6,000 metre in a submersible.  Aim: To sustainably use marine resources for the country’s economic growth and livelihood along with creating job and maintaining the health of the marine ecosystem It is designed to study the deep ocean resources and conduct biodiversity assessment

 

4. NVIDIA partners with Reliance to advance AI in India: The famous US chip company NVIDIA declared AI partnerships with  Reliance Industries to build cloud infrastructure, language models, and generative applications. Aim: To help NVIDIA deepen its inroads into the emerging AI ecosystem of the South Asian nation as it faces specific barriers in a few chip exports to China and other countries with US restrictions. Reliance will create AI applications and services for their 450 million Jio customers

 

5. ‘Bharat: Mother of Democracy’ portal launched at G20 exhibition: The Ministry of Culture has launched a portal for the mega exhibition—‘Bharat: The Mother of Democracy’—to be held at Bharat Mandapam for global leaders attending the conference. The content on the history of democracy in India showcasing 7,000 years of democratic ethos starting from the Sindhu-Saraswati civilization to 2019 is available in 16 languages including German, French, Spanish, Arabic, Portuguese, Italian, Turkish, and Russian besides English and Hindi. The portal is divided into five sections and 22 sub-sections starting from Sindhu-Saraswati Civilisation (6000-2000BCE), Mahajanapada and Gantantra (7-8 BCE), Vijaynagar Empire (14-16 century), and Mughal emperor Akbar reign (1556-1605) to Constitution of India (1947) and Elections in Modern India (1952 onwards). Each section has a brief with images.

INTERNATIONAL UPDATES:

 

1. India and Saudi Arabia sign Agreement on Cooperation in Energy Sector: India and Saudi Arabia signed a historic comprehensive cooperation agreement in the field of energy. Aim: To enhance ties between India and Saudi Arabia in renewable energy, energy efficiency, hydrogen, electricity and grid interconnections, petroleum, natural gas, strategic petroleum reserves, and energy security. It also seeks to encourage bilateral investment in the fields of renewable energy, electricity, hydrogen and storage, and oil & gas.

 

2. India, Bangladesh sign 3 MoUs after bilateral meet ahead of G20 summit: India and Bangladesh signed three MoUs including one on cooperation in Digital Payment mechanisms. First MoU was signed between National Payments Corporation of India (NPCI) and Bangladesh Bank on cooperation in Digital Payment mechanism Second MoU focused on the renewal of the Cultural Exchange Program for 2023-2025.  The third MoU was signed between the Indian Council of Agricultural Research and the Bangladesh Agriculture Research Council.

 

3. Indian startup delegation in Dubai to strengthen collaboration with UAE: The Consulate General of India in Dubai welcomed a delegation of 15 Indian startups in a bid to foster collaboration and innovation between Indian and UAE entrepreneurial ventures.  Aim: To explore the vibrant startup ecosystems of Sharjah, Dubai, and Abu Dhabi, further strengthening the bonds between India and the UAE.  These sessions will provide valuable insights into marketing opportunities, expansion strategies within the UAE, and networking opportunities.

 

4. Dhaka, Paris sign bilateral instruments on infrastructure, satellite system: Dhaka and Paris signed two bilateral instruments to enhance cooperation in different fields including infrastructure and satellite.   Agreement between economic relations division of Bangladesh and the France development agency,  France on ‘improving urban governance and infrastructure programme LOI on cooperation between Bangladesh satellite company limited  and airbus defence and space SAS, France related to Bangabandhu-2 earth observation satellite system

 

5. ‘India-Middle East-Europe’ economic corridor, a modern-day spice route: PM Narendra Modi announced the project during the annual Group of 20 summit of the world’s top economies to launch the India-Middle East-Europe economic corridor including shipping and railway links. The first-of-its-kind economic corridor will be an initiative on cooperation on connectivity and infrastructure involving India, UAE, Saudi Arabia, EU France, Italy, Germany, and the US. The United States, Saudi Arabia, the European Union, the United Arab Emirates and others launched the initiative to link railways, ports, electricity and data networks and hydrogen pipelines on the sidelines of the Group of 20 summit in New Delhi. Although heavily trade-focused, the scheme could have wide-ranging implications — including developing contacts between long-time foes Israel and Saudi Arabia

One proposed project would link railway and port facilities across the Middle East — including the United Arab Emirates, Saudi Arabia, Jordan, and Israel — potentially speeding trade between India and Europe by up to 40 percent.

 

6. Switzerland ranked No. 1 in the World Best Countries Report 2023: Switzerland has once again claimed the title of the world’s best country, according to the latest S. News & World Report’s annual Best Countries rankings. This marks Switzerland’s second consecutive year at the pinnacle and its sixth time overall as the No. 1 nation on the list. Switzerland is followed by Canada at No. 2, Sweden at No. 3, Australia at No. 4, and the United States at No. 5. The United States has slipped one spot compared to its 2022 ranking. In the 2023 rankings, European countries dominate the top tier, securing 16 of the top 25 spots. Notable shifts include Germany, which has fallen five spots since 2022, and Australia and New Zealand, both climbing three places year over year. The Middle East is represented by the United Arab Emirates, while Asia boasts Japan, Singapore, China, and South Korea within the top 25. The rankings are developed in collaboration with global marketing communications company WPP and the Wharton School of the University of Pennsylvania. Based on a global survey encompassing 87 countries and more than 17,000 respondents, these rankings evaluate countries based on 73 attributes such as dynamism, safety, economic stability, and commitment to social justice.

 

OTHER UPDATES:

 

SPORTS

 

1. Basketball Germany beat Serbia to win World Cup for first time: Germany won their first-ever FIBA Basketball World Cup 2023 title by beating Serbia in Manila. The 19th edition of FIBA’s flagship event, co-hosted by the Philippines, Indonesia and Japan, on a high note. Serbia absorbed another heartbreak after losing to the United States 129-92 in the 2014 final, but finished better than their quarter-final exit in 2019. Earlier, Canada bagged their first World Cup 2022 podium finish at the expense of short-handed United States.

 

2. Virat Kohli becomes fastest ODI player to reach 13,000 runs: Virat Kohli stunned fans after he broke Sachin Tendulkar’s record of the fastest batter to score 13000 runs in ODI.  The 34-year-old record of fellow Indian veteran Sachin Tendulkar (321 innings), achieving in just 267 innings. With this century, Kohli has now scored four consecutive 100s at this stadium, the joint-most highest centuries at a single venue alongside South African He became the quickest batter to reach this mileston, Ponting and Sangakkara

 

3. Novak Djokovic wins 24th Grand Slam title at US Open 2023: Novak Djokovic created history by winning the 24th Grand Slam title in US Open 2023 Men’s Singles final 2023. Serbian tennis star Djokovic defeated Russia’s Daniil Medvedev by 6-3, 7-6, 6-3 in the men’s singles final at the Arthur Ashe Stadium.W With this win, 36-year-old Novak Djokovic is now tied with Margaret Court for the most Grand Slam tennis titles in history, with 24 titles to her name. He already the oldest French Open singles champion, became the oldest US Open singles champion in the pro era. In the women’s doubles event, the 16th-seeded pair of Erin Routliff of New Zealand and Gabriela Dabrowski of Canada won the title. They defeated the 12th-seeded pair of Germany’s Laura Siegemund and Russia’s Vera Zvonareva with a score of 7-6, 6-3.

 

BANKING AND FINANCE

 

1. Thomas Cook India partners with National Payments Corporation of India: Thomas Cook (India) Limited partnered with the National Payments Corporation of India (NPCI) to introduce a RuPay prepaid forex card tailored for Indian travelers going to the UAE. Aim: To ensure accessibility for customers, being India’s forex network with over 4000 touchpoints, including retail outlets, airport counters, online platforms, and mobile applications.  The “Ghar pe Forex” commitment reportedly provides doorstep delivery within 2 hours.

 

2. AU Small Finance Bank partners Star Health and Bajaj Allianz: AU Small Finance Bank has entered into bancassurance tie-ups with Star Health and Allied Insurance Company and Bajaj Allianz Life Insurance Company  Aim: To enable the Bank's customers to access a wide range of insurance products from Star Health and Bajaj Allianz.  AU Small Finance Bank has recently transitioned from a prominent, retail focused nonbanking finance company which primarily served low and middle-income individuals and businesses.

 

AWARDS AND HONOURS

 

1. 12 scientists selected for the Shanti Swarup Bhatnagar Award for 2022: The country’s top annual science award, the prestigious Shanti Swarup Bhatnagar Award, was announced after a gap of two years. This year, 12 scientists were selected for the award in seven different scientific categories. Director General of CSIR (Council of Scientific and Industrial Research) Dr. N. Kalaiselvi officially announced the awards for the year 2022 in the presence of Union Minister for Science and Technology Dr Jitendra Singh. Named after Shanti Swarup Bhatnagar, the first director of CSIR, these awards are given every in seven scientific disciplines – physics, biology, engineering, mathematics, medicine, chemistry, and earth sciences. Union Minister for Science and Technology Dr Jitendra Singh also launched the ‘One Week One Lab’ program at CSIR-National Institute of Science Communication and Policy Research (NISCPR). Singh also released two books titled ‘Collection of 80 Articles of Vigyan Pragati Patrika’ and ‘CSIR@80: A Photo Journey’ on the occasion.

 

OBITUARIES

 

1. Dennis Austin, Co-Creator Of PowerPoint, Dies At 76: Dennis Austin, who co-created PowerPoint, passed away at the age of 76. He studied engineering at several universities, including MIT and UC Santa Barbara. He eventually joined the software company Forethought and co-developing PowerPoint.  The company released the software in 1987, and Microsoft bought the company just a few months later.  He served as PowerPoint’s primary developer from 1985 to 1996 when he retired.

Daily GK Update- 11th Sept, 2023

NATIONAL UPDATES:

 

1. National Forest Martyrs Day is celebrated on 11th September: National Forest Martyrs Day is celebrated on 11th September Aim: To pay tribute to those who gave their lives in efforts to protect nature in India. The theme for 2023 is 'forests and health. Many individuals have dedicated themselves, and some have even sacrificed their lives, to preserve these precious natural resources. Their sacrifices are commemorated on a special occasion known as National Forest Martyrs Day

 

2. IIM Indore and NSDC Partner to Transform Skill Development: IIM Indore has entered into a game-changing partnership with the National Skill Development Corporation. Aim: To foster excellence and innovation in these critical domains.  Objective: To provide professional support to underserved regions, communities, individuals, and MSMEs, thereby nurturing a skilled ecosystem primed for market success. IIM Indore’s vision is about elevating livelihood opportunities and income levels for families and households across the nation.

 

INTERNATIONAL UPDATES:

 

1. India hands over G20 Presidency to Brazil: The 18th G20 Summit successfully concluded in New Delhi with India handing over the Presidency to Brazil.  After receiving the gavel, President of Brazil Luiz Inacio Lula Da Silva appreciated India's efforts in leading the G20 presidency saying that India gave the voice to issues of interest to emerging countries.  Prime Minister Modi raised the issue of reforms in the United Nations Security Council by emphasizing on a new global structure.

 

2. US and Vietnam signed deal on semiconductor supply chains: The United States and Vietnam have signed a deal on semiconductor supply chains to expand the capacity of the semiconductor ecosystem in Hanoi, in support of the US industry.  The US and Vietnam also announced the launch of comprehensive workforce development initiatives in Vietnam that jointly develop hands-on teaching labs and training courses for semiconductor assembly, testing, and packaging.

 

3. Indian Coast Guard participated in 19th Heads of Asian Coast Guard Agencie: Indian Coast Guard participated in the 19th Heads of Asian Coast Guard Agencies Meeting (HACGAM) at Istanbul, Türkiye.  Aim: To enable a focused and goal-oriented approach towards coordinated response and synergy towards common maritime issues. Objective: To discuss vital issues including maritime law enforcement, safety and security of life at sea, marine environment protection, illicit trafficking of drugs, weapons, and humans at sea etc.

 

4. PM Modi launches global biofuels alliance at G20 summit in New Delhi: India has launched the Global Biofuel Alliance at a G20 summit in New Delhi. Prime Minister Narendra Modi launched the alliance on the sidelines of the summit. US President Joe Biden, Argentina President Alberto Fernández, Bangladesh Prime Minister Sheikh Hasina, Singapore Prime Minister Lee Hsien Loong, Brazil President Luiz Inácio Lula da Silva among others were present on the occasion. The Global Biofuel Alliance is an India-led Initiative to develop an alliance of Governments, International organizations, and Industry to facilitate the adoption of biofuels. The initiative aims to position biofuels as a key to energy transition and contribute to jobs and economic growth. The initiative will benefit India at multiple fronts. The Alliance which will help strengthen India’s position globally and will focus on collaboration. It will provide additional opportunities to Indian industries in the form of exporting technology and equipment.

 

5. Bhutan introduces self-sovereign national digital ID for all citizens: Bhutan has introduced a self-sovereign national digital ID for all its citizens, powered by blockchain technology. The innovative national digital identity system was created by Druk Holding and Investments, the commercial and investment arm of the Bhutanese government. National Digital ID is the platform on which digitization and online services of banks to hospitals to taxation to universities, everything can come online with 100 percent assurance. The new system is anticipated to serve as the foundation for the complete digitization of the country’s services.

 

6. North Korea launches new ‘tactical nuclear attack submarine’: North Korea has launched its first operational “tactical nuclear attack submarine”, a key part of leader Kim Jong Un’s plan to develop a nuclear-armed navy to counter the United States and its Asian allies. Submarine No 841 – named Hero Kim Kun Ok after a prominent North Korean historical figure – was launched on Wednesday with Kim overseeing the event. The submarine was designed to launch tactical nuclear weapons from underwater, and “heralded the beginning of a new chapter” for North Korea’s navy.

 

OTHER UPDATES:

 

SPORTS

 

1. Novak Djokovic won US Open 2023 Men's Singles final title 2023.: Novak Djokovic created history by winning 24th Grand Slam title in US Open 2023 Men's Singles final  2023. He defeated Daniil Medvedev of Russia. He already the oldest French Open singles champion, became the oldest US Open singles champion in the pro era. In Women's Doubles 16th seed New Zealand-Canadian combination of Erin Routliffe and Gabriela Dabrowski defeated 12th seed pair of German-Russian duo Laura Siegemund and Vera Zvonareva to win the  US Open 2023 title.

 

1. rathamesh Jawkar Signs Off With Silver In The 2023 Archery World Cup: Indian compound archer Prathamesh Jawkar bagged silver in 'World Cup Final' after he lost to Denmark's Mathias Fullerton. World No 14 Jawkar was facing a major challenge against the 10th-ranked Mathias Fullerton of Denmark in the gold medal clash. The Indian then shot a perfect 150 against world No 1 Mike Schloesser of the Netherlands and beat the second-seeded archer by a single point to book his place in the final.

 

2. Alexander Grischuk won the Open Blitz title of the Tata Steel Chess India: World champion Alexander Grischuk reigned supreme to clinch the Open Blitz title of the Tata Steel Chess India 2023 in Kolkata. World Cup runner-up R Praggnanandhaa was the best Indian with an overall third-place finish Erigaisi was the second-best Indian with an overall fourth finish with 10 and a half points. India's No 1 D Gukesh suffered six defeats to end with a disappointing eighth place finish.

 

3. Goa Governor launches ‘Mashaal’ For 37th National Games: Goa Governor P.S. Sreedharan Pillai has launched ‘Mashaal’ for the 37th National Games 2023 at a program held in Durbar Hall Raj Bhavan, Donapaula. The 37th National Games will be held in Goa from 25 October to 9 November 2023. The Governor also released the anthem (theme song) of the national games for which actor Amitabh Bachchan has given his voice. He highlighted the nationwide participation expected for this prestigious event and the potential positive impact on Goa’s tourism sector.

 

BANKING AND FINANCE

 

1. ICICI Bank to make I-Process Services as wholly-owned subsidiary: ICICI Bank has received a green signal from the Reserve Bank to make I-Process Services (India) Private Ltd a wholly-owned subsidiary of the lender. Started in 2005, I-Process Services (India) Private Ltd was set up to provide staffing solutions services for some of India's top financial institutions. With in-depth experience across recruitment, HR operations, payroll, compliance and training, I-Process can smartly negotiate market challenges

 

2. SBI Unveils Nation First Transit Card for Digital Fare Payments: The State Bank of India, the country’s largest lender, has launched the ‘Nation First Transit Card’ to facilitate the seamless and convenient customer commuting experience. Objective – To ensure easy digital ticketing fare payments in metro, buses, water ferries, parking, etc. through a single card and individuals can also use this card for making retail and e-commerce payments. The Nation First Transit Card powered by RuPay and National Common Mobility Card (NCMC) technology, is set to revolutionize the commuting experience and is aligned with the national vision of “One Nation One Card”.

 

3. SBI Card adds new features to AURUM super premium credit card: India’s largest credit card issuer, SBI Card has launched new features of its super-premium card ‘AURUM‘, targeted at the premium section of society, such as high-net-worth individuals. With the enhancements, AURUM cardholders will be able to avail benefits worth up to Rs 2 lakh annually, based on their spending. The card offers unlimited international lounge access to cardholders, as well as four international lounge visits for accompanying guests. In addition, the card also offers a one-year Club Marriott membership as a welcome gift. AURUM has been tailored to meet the discerning taste and lifestyle of the globetrotting and high-flying executives who pursue excellence in every aspect of their life. The joining and annual membership fee for this by-invitation-only card is Rs 9,999, an amount that will be reversed once the cardholder achieves a milestone of Rs 12 lakh spending in the card membership year.

 

AWARDS AND HONOURS

 

1. 12 scientists selected for Shanti Swaroop Bhatnagar Awards for year 2022: Country’s top annual science prize, Shanti Swaroop Bhatnagar Awards were announced after a gap of two years.  This year 2023 12 scientists will get the awards in seven categories. Dr.N. Kalaiselvi, Director General of CSIR announced the awards for the year 2022 in the presence of Union Minister Jitendra Singh. These awards are given every in seven scientific disciplines - physics, biology, engineering, mathematics, medicine, chemistry, and earth sciences.

Daily GK Update- 10th Sept, 2023

NATIONAL UPDATES:

 

1. Transnational grid interconnections for "One Sun, One World, One Grid": At the 18th G20 Summit, a one-day conference themed "Transnational Grid Interconnections for One Sun, One World, One Grid (OSOWOG)" convened in New Delhi Aim:  To enable nations to harness the abundant energy resources of the sun, particularly as the world transitions toward renewable energy sources. It makes round-the-clock renewable energy more cost-effective, reducing the need for energy reserves and ultimately lowering electricity costs for the populace

 

2. 'Bharat: Mother of Democracy' portal launched at G20 exhibition: The culture ministry launched a portal for the mega exhibition—‘Bharat: The Mother of Democracy’—to be held at Bharat Mandapam for global leaders attending the conference. The portal is divided into five sections and 22 sub-sections starting from Sindhu-Saraswati Civilisation, Mahajanapada and Gantantra, Vijaynagar Empire, and Mughal emperor Akbar reign to Constitution of India and Elections in Modern India

 

3. Amazon India inks pact with 5 states to empower PwDs: Amazon India has signed a pact with five state governments to engage with employable Persons with Disabilities (PwDs) and enable their participation in the mainstream workforce. These states are Haryana, Maharashtra, Gujarat, Karnataka and Tamil Nadu. The memorandum of understanding which extends until 2026 aims to provide skilling and employment opportunities to PwD candidates in the five states. The opportunities will be provided across Amazon’s Operations Network, that is fulfilment centres, sortation centres and delivery stations for various roles, including stowing, picking, packing, and sorting among other roles.

 

4. Jharkhand Cabinet approves 1k pension for transgender community: With an aim to provide social security and bring them into the mainstream of society, the Jharkhand government has decided to add the transgender community under its universal pension scheme. The decision was taken during a cabinet meeting chaired by Chief Minister Hemant Soren. The government also decided to include them under the backward class category and provide them the benefits. The proposal of Mukhyamantri Rajya Samajik Suraksha Pension Yojana for transgender people under the social assistance scheme. The eligible beneficiary will get Rs 1,000 per month as financial aid. According to the Department of Women, Child Development and Social Security (WCDSS), the transgender population was around 11,900 in Jharkhand in 2011, which currently would be nearly 14,000.

 

5. Phase II of bilateral exercise ‘Varuna 2023’ conducted in Arabian Sea: Phase II of the 21st edition of the Varuna (Varuna-23) bilateral exercise between the Indian and French Navy was conducted in the Arabian Sea. The exercise witnessed the participation of guided missile frigates, tanker, Maritime Patrol Aircraft and integral helicopters from the two sides. Units of both navies endeavored to enhance and hone their fighting skills, improve interoperability and demonstrate their ability to promote, peace, security, and stability in the region. The first phase of ‘Varuna-2023’ was conducted off India’s Western Seaboard from January 16 to 20, this year.

The bilateral exercise of the Indian and French navies was initiated in 1993. The exercise was later christened as ‘Varuna’ in 2001 and has since become a hallmark of robust India-France strategic bilateral relationship.

 

INTERNATIONAL UPDATES:

 

1. World Suicide Prevention Day is celebrated on 10th September: World Suicide Prevention Day is observed on 10th September 2023 The theme for the World Suicide Prevention Day from 2021-2023“ is Creating Hope Through Action  This theme serves as a powerful call to action and a reminder that there is an alternative to suicide and that through our actions we can encourage hope and strengthen prevention. Suicide is a major public health problem with far-reaching social, emotional, and economic consequences.

 

2. Google Cloud partners with MeitY to train government officials: Google Cloud announced its partnership with the MeitY, computer emergency response unit CERT-In to train 1,000 government officials and provide 1 lakh cybersecurity certificate scholarships to learners. CERT-In is part of the MeitY which deals with cybersecurity threats, hacking and other cyber-related issues. The 'cyber force' of government officials will be trained in cyber defence best practices, including the use of generative AI.

 

3. Switzerland ranked No. 1 in the World Best Countries Report 2023: Switzerland has once again claimed the title of the world's best country in 2023, according to the latest World Report's annual Best Countries rankings.  This marks Switzerland's second consecutive year at the pinnacle and its sixth time overall as the No. 1 nation on the list.  The rankings are Canada at No. 2, Sweden at No. 3, Australia at No. 4, the United States at No. 5, and India at No. 30 The United States has slipped one spot compared to its 2022 ranking.

 

4. WTO to have a fully functional dispute settlement system by 2024: The G20 leadership summit declared it will work towards having in place a fully functional dispute settlement system at WTO by 2024. There are two main ways to settle a dispute once a complaint has been filed in the WTO  First: The countries find a mutually agreed solution, particularly during the phase of bilateral consultations Second: Through adjudication which includes ruling by a panel and if not satisfied, challenging that ruling at the appellate body.

 

5. ‘India-Middle East-Europe' economic corridor, a modern-day spice route: PM Narendra Modi announced the project during the annual Group of 20 summit of the world's top economies to launch the India-Middle East-Europe economic corridor including shipping and railway links. Aim: To boost trade, transport energy resources and improve digital connectivity.  The first-of-its-kind economic corridor will be an initiative on cooperation on connectivity and infrastructure involving India, UAE, Saudi Arabia, EU, France, Italy, Germany, and the US

 

6. 10 September – World Suicide Prevention Day: World Suicide Prevention Day (WSPD) is an annual event held on September 10 to raise awareness of suicide and its prevention. Theme 2023 – Creating Hope Through Action This day is organized by the International Association for Suicide Prevention (IASP). It was established in 2003 in conjunction with the World Health Organization (WHO). The day was first established in 2003 by the International Association for Suicide Prevention (IASP) and is now observed by over 40 countries around the world. Suicide is a serious public health issue that affects people of all ages, backgrounds, and cultures. According to WHO, there are 700 000 suicides per year worldwide.

 

OTHER UPDATES:

 

SPORTS

 

1. Indian men’s team finishes with bronze medal at Asian TTC: 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. The Indian men’s table tennis team comprising Sharath Kamal, Harmeet Desai, and Sathiyan Gnanasekaran lost 0-3 in their final four match. The two losing semi-finalists are awarded bronze medals at the competition. The Asian Table Tennis Championships 2023 was also a qualifier for the Paris 2024 Olympics.

 

BANKING AND FINANCE

 

1. HSBC India became the first foreign bank in India to launch 'ONDC in a Box': Hong Kong and Shanghai Banking Corporation Limited became the first foreign bank in India to launch 'ONDC in a Box', a one-stop-shop proposition for corporates towards seamless enablement on ONDC. Aim:  To foster an inclusive, competitive, and open network, amplifying its impact across the business spectrum. The ONDC is an initiative to build an open, interoperable network on which buyers and sellers can transact without needing to be present on the same platform.

 

2. AU small Finance launches Zenith metal credit card, shares up: AU Small Finance Bank Ltd has introduced the Zenith and Super Premium Metal Credit Card, expanding its range of banking solutions. This credit card includes features like premium lounge access, personalized concierge services, and a welcome with Premium Brand vouchers or Reward Points worth Rs 5000. One of the card’s highlights is the Forex markup of 0.99 percent for international travel, making it advantageous for global transactions.

 

3. SBI Life Insurance launches its very first ‘LifeVerse Studio’ on Meta: SBI Life Insurance has launched its very first ‘LifeVerse Studio’, on Metaverse to connect with the next generation of internet users. The objective behind the move is expected to connect, empower, and engage with the new-age consumers and reshape brand interactions. SBI Life’s ‘LifeVerse Studio’ is designed for users to create their avatars to connect with a diverse set of audiences. The users can select from a wide range of interesting avatars and showcase their creative selves on the platform through their avatars. Furthermore, the Avatars can interact in real time.

 

AWARDS AND HONOURS

 

1. Indore ranked first in Swachh Vayu Sarvekshan 2023: Indore secured the first rank followed by Agra and Thane in the cleanest air in India according to the Swachh Vayu Sarvekshan 2023 (Clean Air Survey) report released in Bhopal by Union Environment Minister Bhupender Yadav. Bhopal stood fifth while Delhi took the ninth spot. Prime Minister Narendra Modi had announced the intent and plan to improve the air quality in more than 100 cities through a holistic approach.

Daily GK Update- 9th Sept, 2023

NATIONAL UPDATES:

 

1. Goa Governor Launches ‘Mashaal’ For 37th National Games: Goa Governor P.S. Sreedharan Pillai launched ‘Mashaal’ for 37th National Games 2023 at a program held in Durbar Hall Raj Bhavan, Donapaula. The 37th National Games will be held in Goa from October 25 to November 9 2023 The Governor also released anthem (theme song) of national games for which actor Amitabh Bachchan has given his voice He highlighted the nationwide participation expected for this prestigious event and the potential positive impact on Goa’s tourism sector

 

2. PM Modi to chair a session on the theme - One Future in G20 Summit: In a significant victory for India's G-20 presidency, the member nations have unanimously adopted the New Delhi Leaders' Declaration.  On the first day of the 18th G-20 Summit PM announced the adoption of the declaration by the bloc of world-leading economies during the second session of the G20 summit, titled One Family. Inclusive growth, accelerating actions to deal with climate change, and increasing medical supplies to be future-ready for health emergencies.

 

3. “One Sun, One World, One Grid” conference held in New Delhi: In the run-up to the 18th G20 Summit, a one-day conference themed “Transnational Grid Interconnections for One Sun, One World, One Grid (OSOWOG)” convened in New Delhi. The conference, spearheaded by the Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ company under the Ministry of Power. OSOWOG has the potential to make round-the-clock renewable energy more cost-effective, reducing the need for energy reserves and ultimately lowering electricity costs for the populace while ensuring energy access to millions who currently lack it.

 

4. Phase II of bilateral exercise ‘Varuna 2023’ conducted in Arabian Sea: Phase II of the 21st edition of the Varuna (Varuna-23) bilateral exercise between the Indian and French Navy was conducted in the Arabian Sea. The exercise witnessed the participation of guided missile frigates, tanker, Maritime Patrol Aircraft and integral helicopters from the two sides. Units of both navies endeavored to enhance and hone their fighting skills, improve interoperability and demonstrate their ability to promote, peace, security, and stability in the region. The first phase of ‘Varuna-2023’ was conducted off India’s Western Seaboard from January 16 to 20, this year.

The bilateral exercise of the Indian and French navies was initiated in 1993. The exercise was later christened as ‘Varuna’ in 2001 and has since become a hallmark of robust India-France strategic bilateral relationship.

 

INTERNATIONAL UPDATES:

 

1. MoU Signed Between Gati Shakti Vishwavidyalaya Vadodara And Airbus: A MoU was signed between Gati Shakti Vishwavidyalaya (GSV), Vadodara, and Airbus in New Delhi in the presence of Union Minister of Railways Ashwini Vaishnaw. Aim: To enable the co-development and co-delivery of sector-relevant skilling, courses, and programs for regular students and working professionals and scholarship programs.  Objective: To become the biggest source of talent for the entire transportation industry in the country and for the world.

 

2. INS Sumedha Arrived In Egypt To Participate In ‘Exercise BRIGHT STAR-23’: In a development highlighting India's growing presence on the global military stage, the Indian Navy's INS Sumedha arrived at Port Alexandria, Egypt, to take part in 'Exercise Bright Star-23.' It marks a historic occasion, with 34 countries participating, making it the largest joint military exercise ever held in the Middle East and North Africa region. The Harbour Phase involves an array of activities aimed at planning and executing the Sea Phase

 

3. 21st EDITION OF INDIA FRANCE BILATERAL NAVAL EXERCISE ‘VARUNA’ – 2023: Phase Il of the 21st edition of Varuna (Varuna-23) bilateral exercise between Indian and French Navy was conducted in the Arabian Sea. The exercise witnessed participation of guided missile frigates, tanker, Maritime Patrol Aircraft and integral helicopters from the two sides. Aim: To enhance and hone their war fighting skills, improve interoperability and demonstrate their ability to promote, peace, security and stability in the region.

 

4. PM Modi launches global biofuels alliance at G20 summit in New Delhi: India launched the Global Biofuel Alliance at a G20 summit in New Delhi. The Global Biofuel Alliance is an India-led Initiative to develop an alliance of Governments, International organizations, and Industry to facilitate the adoption of biofuels. Aim: To position biofuels as a key to energy transition and contribute to jobs and economic growth. The Alliance which will help strengthen India’s position globally and will focus on collaboration. 

 

5. India-Brazil-SA-US commit to address global challenges: Leaders of India, Brazil, South Africa, and the United States met on the margins of the G20 Leaders’ Summit in New Delhi Aim: To reaffirm their shared commitment to the G20 as the premier forum for international economic cooperation to deliver solutions for shared world.  In this spirit, together with the World Bank President, they welcome the G20’s commitment to build better, bigger, and more effective multilateral development banks.

 

6. 8 September – World Physiotherapy Day: World Physiotherapy Day is observed every year on September 8. Objective – To create awareness about the crucial role of physiotherapy in keeping people healthy. Theme 2023 – 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.

 

 

OTHER UPDATES:

 

SPORTS

 

1. Tennis phenom Coco Gauff won US Open women's singles final 2023: American teenager Coco Gauff has won the US Open 2023, clinching her first Grand Slam title with a battling win over Aryna Sabalenka of Belarus. The championship match marked the first appearance by both athletes in a U.S. Open final. She last played in a Grand Slam final in 2022, losing the French Open to Iga Swiatek. In August 2023, the teen won the Western & Southern Open in Cincinnati, becoming the youngest player to do so.

 

2. Britain’s Salisbury and partner Ram won third straight US Open double title: American Rajeev Ram and Britain's Joe Salisbury rallied from a set down to beat India's Rohan Bopanna and Australian Matthew Ebden to win an Open-era record third straight U.S. Open men's doubles title 2023. The last pair to win three straight U.S. Open men's doubles titles were Tom Bundy and Maurice McLoughlin. The title is the fourth for the duo, who also won the Australian Open in 2020, and gives Salisbury a sixth Grand Slam title across the men's and mixed doubles.

 

3. Indian men’s team finishes with bronze medal at Asian TTC: 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. The Indian men’s table tennis team comprising Sharath Kamal, Harmeet Desai, and Sathiyan Gnanasekaran lost 0-3 in their final four match. The two losing semi-finalists are awarded bronze medals at the competition. The Asian Table Tennis Championships 2023 was also a qualifier for the Paris 2024 Olympics.

 

BANKING AND FINANCE

 

1. SBI Unveils Nation First Transit Card For Digital Fare Payments: The State Bank of India has launched the ‘Nation First Transit Card’ to facilitate the seamless and convenient customer commuting experience Aim: To ensure easy digital ticketing fare payments in metro, buses, water ferries, parking, etc., through a single card and individuals can also use this card for making retail and e-commerce payments. It is set to revolutionize the commuting experience, and is aligned with the national vision of “One Nation One Card"

 

2. SBI Life Insurance launches its very first ‘LifeVerse Studio’ on Meta: SBI Life Insurance has launched its very first ‘LifeVerse Studio’, on Metaverse to connect with the next generation of internet users. The objective behind the move is expected to connect, empower, and engage with the new-age consumers and reshape brand interactions. SBI Life’s ‘LifeVerse Studio’ is designed for users to create their avatars to connect with a diverse set of audiences. The users can select from a wide range of interesting avatars and showcase their creative selves on the platform through their avatars. Furthermore, the Avatars can interact in real time.

 

OBITUARIES

 

1. SPG Chief Arun Kumar Sinha passed away: Arun Kumar Sinha, director of the Special Protection Group (SPG), responsible for the security of Prime Minister Modi, passed away at the age of 61 in Gurugram. Sinha was an Indian Police Service (IPS) officer of the 1987 Kerala cadre. He assumed the role of Director of SPG in March 2016 and was initially appointed on a contract basis, with a tenure of up to May 31, 2024, in the rank and compensation of Director General of Police.