KBL IDBI ECGC IBPS RRB IBPS PO CLERK CURRENT AFFAIRS 27082022

 

CURRENT AFFAIRS SNIPPETS

27th August 2022

 

 

NATIONAL NEWS

 

PM Modi spins charkha alongside 7,500 women at 'Khadi Utsav' in Guj

Prime Minister Narendra Modi began his two-day visit to Gujarat by attending the 'Khadi Utsav' at the Sabarmati Riverfront in Ahmedabad on Saturday. In pictures that have surfaced online, he is seen spinning a 'charkha' (spinning wheel) alongside 7,500 women Khadi artisans. "In the upcoming festivals...gift only the products made by Khadi and Village Industries," the PM appealed to citizens.

Why are the over 300-ft-tall twin towers in Noida being demolished?

The Supertech Twin Towers in UP's Noida will be demolished on Sunday after a nine-year-long legal battle. The towers were found to be in violation of multiple construction and fire safety rules by the Allahabad High Court in 2014. In 2021, the Supreme Court upheld the HC ruling and ordered their demolition. The towers are 338 and 318 feet tall.

 

PM Modi inaugurates Atal Bridge for pedestrians on Sabarmati river in Guj

Prime Minister Narendra Modi on Saturday inaugurated the Atal Bridge for pedestrians and cyclists across the Sabarmati river in Gujarat's Ahmedabad. The bridge, which has LED lighting, is nearly 300-metre-long and 14-metre-wide in the middle. PM Modi said that the bridge was a tribute by the local people to late Atal Bihari Vajpayee, who was a former PM of India.

 

 

This festive season, gift only khadi products: PM Modi

Speaking at the 'Khadi Utsav' in Ahmedabad on Saturday, Prime Minister Narendra Modi appealed to the citizens of India to gift only khadi-made products this festive season. "In the coming festivals...gift only...products made in Khadi Village Industries...if you give place to Khadi in...[gifting clothes], then the 'Vocal for Local' campaign will gain momentum," he said.

 

International News

UNGA President Abdulla Shahid to visit India from August 28 to 29

United Nations General Assembly (UNGA) President Abdulla Shahid will be in India from August 28 to 29 to hold talks with the country's leadership on issues of the world body and New Delhi's engagement with it. Shahid is expected to meet Vice President Jagdeep Dhankhar and Foreign Secretary Vinay Kwatra. He will be accompanied by three members of his office.

Lankan malnutrition indicators are among highest in region: UNICEF

The United Nations International Children's Emergency Fund (UNICEF) said severe malnutrition indicators in Sri Lanka are among the highest in the region. “Families are skipping regular meals...children are going to bed hungry, unsure of where their next meal will come from,” said UNICEF Regional Director George Laryea-Adjei. Sri Lanka is presently in the midst of a severe economic crisis.

 

South Korea breaks its own record for the world’s lowest fertility rate 

South Korea has once again shattered its own record for the world’s lowest fertility rate. South Korean women were estimated, based on 2021 data, to have an average of just 0.81 children over their lifetimes, down from 0.84 a year earlier.  The number of newborns declined in 2021 to 260,600, which equates to about 0.5% of the population.  According to the United Nations’ global population projections and World Bank’s data, the report further stated that Korea is the world’s fastest-ageing nation among economies with a per capita GDP of at least $30,000.

States News

Nagaland gets its 2nd railway station in 119 years 

North-east state, Nagaland got its second railway station after a gap of more than 119 years with the commissioning of a new facility at Shokhuvi. Dimapur Railway Station, in the heart of the commercial hub of the state, was inaugurated in 1903.  Chief Minister Neiphiu Rio flagged off the Donyi Polo Express from Shokhuvi Railway Station during the day.  The Donyi Polo Express ran daily between Guwahati in Assam and Naharlagun in Arunachal Pradesh. The train service has now been extended till Shokhuvi, a few kilometres from Dimapur. Nagaland and Arunachal Pradesh will be directly connected by train service with the extension of Donyi Polo Express till Shokhuvi Railway Station.

Samajik Adhikari Shivir Inaugurated for Senior Citizens and Divyangjan 

‘Samajik Adhikari Shivir’ was organized by the Department of SJ&E in association with ALIMCO, Nagpur Municipal Corporation (NMC), and District Administration Nagpur.  The ‘Samajik Adhikari Shivir’ was organized for the distribution of aid and assisting devices to Senior Citizens under ‘Rashtriya Vayoshri Yojana’ (RVY Scheme) and ‘Divyangjan‘ under the ADIP scheme of the Ministry of Social Justice and Empowerment, Government of India.  The Union Minister of Road Transport and Highways Shri Nitin Gadkari and Union Minister of Social Justice and Empowerment Dr. Virendra Kumar were the chief guests of the inaugural ceremony. He inaugurated the Campaign and distributed different kinds of aids and assisting devices to Divyangjan and Senior Citizens.

Appointments News

Sourav Ganguly named as its first brand ambassador DreamSetGo

DreamSetGo, a sports experiences and travel platform, has announced Sourav Ganguly as its first brand ambassador. Founded in 2019, DreamSetGo is solving a specific problem – access to worldwide sporting events and experiences for fans.  As the “Supercaptain” for DreamSetGo, Ganguly will play a key role in promoting DSG’s curated experiences offered through its key partnerships with Manchester City, Chelsea FC, ICC Travel and Tours, AO Travel, F1® Experiences and more.  The startup is focused on delivering seamless, end-to-end, world-class personalized experiences for sports fans in India, giving them an opportunity to fully immerse themselves in the sport. As the “Supercaptain” for the company, he will promote its curated experiences offered through its key partnerships with Manchester City, Chelsea FC, etc.

Justice Uday Umesh Lalit takes oath as 49th Chief Justice of India

Justice Uday Umesh Lalit took oath as the 49th Chief Justice of India. Newly elected President of India Smt Droupadi Murmu administered the oath of office at a ceremony held at Rashtrapati Bhavan.  Vice President Jagdeep Dhankhar, Prime Minister Narendra Modi and Union ministers were present at the ceremony. Justice Lalit’s predecessor, Justice NV Ramana, was also present at the oath-taking ceremony.  Uday Umesh Lalit is a law graduate from Government Law College, Mumbai. He enrolled with Bar Council of Maharashtra and Goa as an advocate in June 1983.

.

BANKING, BUSINESS AND ECONOMY

BOB financial launches Contactless Credit Card with the Indian Army 

BOB Finance launched a Yoddha co-branded RuPay credit card for Indian Army troops by Bank of Baroda-backed BOB Financial Solutions in collaboration with the National Payments Corporation of India (NPCI).  The new co-branded credit card will be made available on the RuPay platform and have contactless characteristics. BOB Financial Solutions: Credit cards are BOB Financial Solutions’ main line of business, and the company prides itself on offering straightforward, uncomplicated solutions that are reasonably priced and quickly handled. Additionally, it provides a wide range of goods that appeal to all customer groups.

HDFC Bank and Tata Neu Launches co-branded credit card

HDFC Bank and Tata Neu, the “super app” of the Tata Group, announced their collaboration to introduce co-branded credit cards.  Tata Neu Plus HDFC Bank Credit Card and Tata Neu Infinity HDFC Bank Credit Card are the two varieties of the card that will be available. The benefits already provided to Tata Neu customers on all of their transactions would be increased by the cards.  The cards will increase the benefits already offered to Tata Neu customers on all of their purchases.  Customers can now earn a total of 7% or 10% of the amount they spend on the Tata Neu app when combined with the existing Tata Neu advantages of 5% NeuCoins, depending on the card version.

HDFC leads the credit card market while SBI tops chart in the debit card market

The State Bank Of India (SBI) , the largest bank in the nation, maintained its leadership position in the debit card market  and HDFC Bank in the credit card market as of June 2022, according to the most recent data, despite a 6% decline in year-over-year growth.  According to data compiled by PGA Labs, public sector banks hold a larger percentage of the debit card market than private banks, whereas reverze in the Credit card market. Bank of Baroda came in second with an 8% market share, followed by Bank of India, Canara Bank Union Bank, and Punjab National Bank, each with 5%.  HDFC Bank with a market share of 22%, also led the way in the credit cards category, followed by State Bank Of India (SBI) (18%), ICICI Bank (17%), Axis Bank (12%), RBL Bank (5%), and Kotak Mahindra Bank (5%).

Schemes News

GoI carries out the “One Nation One Fertilizer” program

One Nation One Fertilizer: The government issued an order requiring all businesses to market their goods under the brand name “Bharat” in order to standardize fertiliser brands across the nation.  According to the One Nation One Fertilizer order, irrespective of the company that manufactures it, whether in the public or private sector, all fertiliser bags, whether containing urea, di-ammonium phosphate (DAP), muriate of ootash (MOP), or NPK, will sport the brand name “Bharat Urea,” “Bharat DAP,” “Bharat MOP,” and “Bharat NPK.”

Awards News

UEFA Awards: Karim Benzema, Alexia Putellas win UEFA best player awards

Karim Benzema and Alexia Putellas were rewarded for outstanding seasons by winning the UEFA men’s and women’s player of the year prizes at a ceremony in Istanbul, Turkey.  France striker Benzema captained Real Madrid to victory over Liverpool in the Champions League final and scored 15 goals in the competition, while Putellas was the top scorer in the Women’s Champions League, helping Barcelona reach the final which they lost to Lyon.  The coaching awards went to the winners of the two biggest events last season: Carlo Ancelotti of Madrid and Sarina Wiegman, who led England to the Euro 2022 title.

Sports News

Disney Star bags ICC media rights for Indian market till 2027

The ICC has confirmed Disney Star will be the home of all ICC cricket in India for next four years after winning the TV and digital rights to both men's and women's global events till 2027. Disney Star won following a single round sealed bid process. "They'll play a crucial role in...future of our sport," ICC Chair Greg Barclay said.

Neeraj Chopra wins Lausanne Diamond League with 89.08m throw

Olympic champion and javelin thrower, Neeraj Chopra scripted history as he became the first Indian to clinch a Lausanne Diamond League. In his first attempt, he hurled the spear 89.08m to seal his victory in his own style.  His 89.08m throw was his third career-best effort, followed by a second throw measuring 85.18m. Meanwhile, Tokyo Olympics silver medalist Jakub Vadlejch finished second with a best throw of 85.88m, followed by USA’s Curtis Thompson was third with a best effort of 83.72m.

Judo World Championships: Linthoi Chanambam Wins India’s First-ever Gold Medal

Indian judoka Linthoi Chanambam scripted history by winning India’s first-ever medal in Judo World Championships with a gold in the Women’s 57kg category at the World Judo Cadet (U18) Championships. The 15-year-old judoka outclassed Brazil’s Bianca Reis in the 57-kg category final.  Linthoi Chanambam became the first Indian judoka to win a medal at any age-group category of the World Championships.  The 15-year-old has been one of the best judokas from India in the past couple of years and is also part of the Indian government’s TOPS programme. She came into the spotlight with a gold medal at the Sub-Junior National Judo Championships in 2017 and since then she has been training at JSW’s Inspire Institute of Sports judo programme.

Science and Technology News

Google announced a programme for 100,000 developers in India

IT giants, Google has unveiled a programme to upskill 100,000 Indian developers and researchers in cyber security.  The campaign will be part of the company’s Cyber Security Roadshow, which will cover multiple cities across India and offer tools, tutorials, and mentorship on security practices for building consumer apps, as well as enterprise programmes.  The upskilling programme will cover two major programme areas, Android and Google Cloud, and will be aimed at upskilling 100,000 lakh engineers in India.

AirAsia India Becomes the First Airline to use CAE’s AI Training System

AirAsia India becomes the first airline to use CAE’s artificial intelligence-powered training system to train the airline’s pilots. CAE is the leading provider of pilot training solutions that are based on simultaneous technology.  The CAE headquarters are in Canada. The training system adopted by AirAsia is called the CAE Rise, which provides real-time data during pilot training sessions and analyses them to deliver higher quality training. CAE Rise also enables the translation of simulator training data into valuable insights for instructors. 

@@@@@@