Weekly Current Affairs- 24 31 August 2021

Weekly Current Affairs- 24th – 31st August 2021

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National News

Telangana launched Dalit Bandhu Scheme

• Telangana launched Dalit Bandhu scheme by

releasing the financial aid of Rs 7.60 crore for 76

Dalit families in Vasalamarri village of Alair

Assembly constituency in Yadadri Bhuvanagiri

district, Telangana.

• The funds were issued by the Scheduled

Castes development department through

Government Order.

• The scheme was officially launched at

Shalapally village in Huzurabad

• Under the scheme every Dalit beneficiary family will be provided Rs 10 lakh and the beneficiaries are free

to spend the money as desired but are advised to use it to create a source of revenue.

Arunachal Pradesh Approves Credit-linked Schemes to Boost Agriculture & Horticulture

• Arunachal Pradesh has approved 2 credit-

linked schemes to boost the economy of

the state through agriculture and

horticulture.

• These 2 schemes will facilitate Rs 300 crore

investment in the agro-based sector.

• These programmes will have 3

components, Bank Loans, Subsidy and

Beneficiaries contribution. It was decided

that the share of subsidy would be 45 per cent in the schemes, while a beneficiary needs to contribute

10 per cent and the rest will be bank loans.

• Farmers will get up to Rs 1.6 lakh with no collateral or bank guarantee and self-help Groups will get up

to Rs 10 lakh.







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UP Govt Renamed Kakori Kand to Kakori Train Action

• The Uttar Pradesh government renamed the

movement in the history of India’s freedom

struggle, the ‘Kakori Kand’ to ‘Kakori Train action’

as the word ‘Kand’ denotes a sense of humiliation

to the Independence struggle because ”kand”

(conspiracy).

• Kakori Train action is a train robbery that took

place at Kakori, a village near Lucknow, UP

committed by the Indian freedom fighters against

the British Raj on August 9, 1925.

• UP celebrated the anniversary of the ‘Kakori Train action’ under the program ‘Chauri Chaura Mahotsav’,

which is going to complete 100 years in 2022.

Assam celebrated Wanchuwa Festival 2021

• The Tiwa tribal community living in the

hills celebrated the Wanchuwa festival

2021 in Morten Village in Karbi Anglong

District of Assam.

• This festival is related to agriculture as it

marks a good harvest and also involves

prayers for protection from pests and

natural calamities.







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India’s Largest Floating Solar PV Project in Simhadri

• NTPC Ltd launched India’s largest Floating

Solar PV (Photovoltaic) project with the capacity

of 25MW on the reservoir of its Simhadri thermal

power station in Visakhapatnam, Andhra Pradesh.

• The floating solar PV project became the 1st

project to be set up under the Flexibilisation

Scheme, which was notified by the Government of

India in 2018.

• The project was inaugurated by Sanjay

Madan, Regional Executive Director (WR2 & SR), NTPC.

• Simhadri Thermal power Station is the 1st power project to implement an open sea intake from the Bay

of Bengal.

NTPC Ltd:

• CMD – Gurdeep Singh

• Headquarters – New Delhi

Amrit Mahotsav Shri Shakti Challenge 2021

• MyGov under the Ministry of Electronics and

Information Technology along with the United

Nations Women launched the “Amrit Mahotsav

Shri Shakti Innovation Challenge 2021”.

• The challenge is implemented under the

Multi-Partner Trust Fund (COVID-19) Programme.

• The shortlisted 10 nominees will get a grant of

Rs 1 lakh each, to develop the proof of concept of

their idea.

• 5 winners of the challenge will get Rs 5 lakh each, to develop market and implement their solution.







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Accreditation of Private Exploration Agencies for Minerals

• Ministry of Mines adopted the scheme for

accreditation of private exploration

agencies developed by the National

Accreditation Board for Education and

Training of the Quality Council of India

• At present, only Government agencies are

involved in exploration.

60th PE Survey FY20

• Department of Public Enterprises released

the 60th Public Enterprises Survey 2019-20

report.

• As per the report, the net profit of Central

Public Sector Enterprises in FY20 decreased by 20

percent from Rs 1.74 lakh crore in FY19 to around

Rs 1.38 lakh crore.

• The PE Survey divides CPSEs into 5 sectors viz, Agriculture; Mining & Exploration;

Manufacturing, Processing & Generation; Services; and Enterprises Under Construction.

Indicators FY20







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Profit (of 171 profit-making CPSEs) Rs 1,38,112 crore

Loss (of 84 loss-making CPSEs) Rs 44,817 crore

Total Paid-up Capital Rs 3,10,737 crore

Reserves and Surplus Rs 9,57,579 crore

Net Worth Rs 12,35,706 crore

EAM S. Jaishankar launches UNITE AWARE platform

• External Affairs Minister S.Jaishankar chaired the United Nations Security Council Open debate on Technology & Peacekeeping with the theme, ‘Protecting the Protectors: Technology and Peacekeeping’

• India & UN launches The UNITE AWARE platform

• A unique technology platform aimed at enhancing security & safety of peacekeepers.

• The UNITE AWARE platform will be deployed initially in 4 peacekeeping Missions : MINUSMA (Mali), UNMISS (South Sudan), UNFICYP (Cyprus) and AMISOM (Somalia).







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• India has allocated funds of USD 1.64 Million for the roll-out of this Platform.

• The Government of India has signed Memorandum of Understanding (MoU) with United nations (UN) in support of – ’Partnership for technology in Peacekeeping‘ initiative and to UN C4ISR- UN Command, Control, Communication, Computers, Surveillance and Reconnaissance Academy for Peace Operations (UNCAP) based in Entebbe, Uganda.

GoI Sets Up a Committee to Double the Production & Exports of Handlooms

• Government of India has constituted a 8 member Committee for Doubling the Production & Quadrupling the Exports of Handlooms in a period of 3 years. The Committee will be headed by Sunil Sethi, Chairman, Fashion Design Council of India (FDCI)

• Sudha Dhingra, Professor, NIFT, New Delhi

• Shefali Vaidya, Freelance writer

• Anagha Gaisas, Owner, M/s Saudamini Handlooms

• Suket Dhir, Fashion Designer

• Sunil Alagh, MD M/s SKA Advisors Ltd

• K N Prabhu, M/s Paradigm International

• Hetal R Mehta, Chairman, SETU, Surat.

Finance Minister Launched National Monetisation Pipeline

• Nirmala Sitharaman launched the asset

monetisation pipeline of Central ministries and

public sector entities named ‘National

Monetisation pipeline’ to list out the

government’s (govt) infrastructure assets that are

to be sold in the next 4 years.

• The total monetisation potential under NMP

through core assets of the central govt over the 4-

year period (i.e. from FY22 to FY25) is estimated at

Rs 6 lakh crores.







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• The NMP report was developed by NITI Aayog

UP Ganga Expressway Receives Rs. 5100 Crore Loan from PNB

• UP Expressway Industrial Development

Authority receives the approval letter of

securitisation-based INR 5100 crore loan

from the Punjab National Bank for building

the 594 km long Ganga Expressway

Project.

• It is a part of National Infrastructure

Pipeline and National Monetization

Pipeline projects.

• The Ganga Expressway is the longest expressway in north India and second longest in the country.

• It’s a 6 lane expressway and will start from National Highway 334 in Meerut district and end in NH-2

Prayagraj

• There is the provision for constructing an airstrip which will enable Indian Airforce planes to make

emergency landings in Sultanpur district.

• Chief Executive Officer– SS Mallikarjuna Rao

• Headquarters– New Delhi

National Institute of Animal Biotechnology and National Centre for Cell Science notified as Central

Drugs Laboratory

• The two Autonomous Institutes of the

Department of Biotechnology, National Institute of

Animal Biotechnology, Hyderabad in Telangana and

National Centre for Cell Science, Pune notified as

Central Drugs Laboratory for COVID-19 vaccine

testing facility at Hyderabad

• The funding support provided under the PM-

CARES funds







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Operation Blue Freedom’

• Union Minister of Social Justice and

Empowerment Virendra Kumar flagged off

‘Operation Blue Freedom’, a world record

expedition by Divyangjans from across

India to the Siachen Glacier (Kumar Post).

• The expedition team was trained by ‘Team

CLAW’, a team of Armed Forces veterans.

• The battalion headquarters on the Siachen

glacier located close to an altitude of

16,000 feet is named ‘Kumar post’ to honour Colonel Narinder ‘Bull’ Kumar, who played a major role in

Operation Meghdoot and securing the Siachen Glacier in 1984.

‘Operation Devi Shakti’

• The Government of India has launched a

rescue mission named ‘Operation Devi Shakti’ to

evacuate Indians from the Afghanistan.

• The operation is carried out by the Indian Air

Force , Air India & the officials at the Ministry of

External Affairs

4th Safe Cities Index 2021







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• The index report is titled as ‘Safe Cities Index 2021- New expectations demand a new coherence’ released by the Economist Intelligence Unit

• The cities are ranked based on 76 indicators of security across 5 broad pillars viz. Digital security, Health security, Infrastructure security, Personal security, and Environmental security.

• Digital security– New Delhi ranked 48th and Mumbai ranked at 53rd. It is topped by Sydney, Australia.

• Health Security– New Delhi placed at 40th and Mumbai at 44. It is topped by Tokyo.

• Infrastructure Security– New Delhi stood at 44th and Mumbai at 48th. It is topped by Hong Kong, China.

• Personal Security– New Delhi ranked at 41st and Mumbai at 50th. It is topped by Copenhagen.

• Environmental Security– New Delhi placed at 49th and Mumbai at 46th. It is topped by Wellington, New Zealand.

Economist Intelligence Unit:

• Managing Director– Robin Bew

• Headquarter– London

Rank City Country

1 Copenhagen Denmark

2 Toronto Canada

3 Singapore Singapore

4 Sydney Australia

5 Tokyo Japan

48 New Delhi India

50 Mumbai India

60 Yangon Myanmar

Assam Govt Signed MoU Implement AMFIRS 2021







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• As per the report of the Microfinance Institutions Network, the Assam government signed a Memorandum of Understanding with 37 microfinance lenders for joint implementation of the AMFIRS (Assam Micro Finance Incentive and Relief Scheme), 2021 relief scheme in Guwahati, Assam to provide financial relief to more than 20 lakh poor women borrowers of the state, who are not able to return the loan amount to the microfinance institutions

• The AMFIRS, 2021 scheme involves a credit portfolio of Rs 12,000 crore, out of which, the state govt plans to spend around Rs 7,200 crore.

• The borrowers will be provided with a one-time incentive of Rs 25,000 or equal to the outstanding balance, whichever is lower, to help the borrowers in maintaining good credit discipline.

Punjab Govt Chosen SBI General Insurance

• The Punjab Government has chosen SBI General Insurance to expand the health insurance coverage in the state of Punjab under Ayushman Bharat Sarbat Sehat Bima Yojana (AB-SSBY).

• SBI General Insurance will collaborate with the state government and provide the cashless health insurance cover of Rs 5 Lakh under AB-SSBY to 40 lakh eligible families in Punjab particularly to the less privileged section.

• MD & CEO – Prakash Chandra Kandpal

• Headquarters – Mumbai

GoI launches SAMRIDH programme







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• Government of India has launched the Startup Accelerator of Meity for Product Innovation, Development & Growth (SAMRIDH) programme to support 300 Information Technology enabled Startups for a period of 6 months.

• It aims to create 100 unicorns out of the selected IT Startups by providing Seed funding, Mentorship and Market access.

• Ministry of Electronics & Information Technology (will provide seed funds of upto INR 40 lakh & mentorship for 6 months for the selected startups.

• The programme has been modelled on the basis of Ycombinator, one of the successful startup accelerator programmes started in the United States.

Education Minister inaugurates Centre for Research & Innovation in AI at IIT-H

• Dharmendra Pradhan, Union Minister of Education has virtually inaugurated the Centre for Research and Innovation in Artificial Intelligence established at the Indian Institute of Technology-Hyderabad in collaboration with the Japan International Cooperation Agency and Honeywell Technology Solutions.

ACC Approved to Extend the Tenure of MD & CEOs and EDs of PSB







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• The Appointments Committee of the Cabinet has approved the proposal of the Department of Financial Services to extend the tenure of 3 Managing Directors and Chief Executive officers, and 10 Executive Directors of Public Sector Banks

• The term of SS Mallikarjuna Rao, the MD and CEO of PNB have been extended until 31st January 2022

• The term of Atul Kumar Goel, MD and CEO of UCO Bank has been extended for a period of 2

years.

• The term of A S Rajeev, MD and CEO of Bank of Maharashtra has been extended for a period of 2 years.

• The following Executive Directors received a extension for a period of 2 years beyond the expiry date of their notified term:

• Ajay K Khurana ED of Bank of Baroda

• A Manimekhalai ED of Canara Bank

• P R Rajagopal ED of Bank of India

• The terms of the following EDs have been extended till the date of their superannuation:

• Sanjay Kumar and Vijay Dube, EDs of Punjab National Bank.

• Gopal Singh Gusain and Manas Ranjan Biswal EDs of Union Bank of India.

• Vikramaditya Singh Khichi ED of Bank of Baroda.

• Shenoy Vishwanath Vittal ED of Indian Bank.

• Alok Srivastava ED of the Central Bank of India.

‘SUJALAM’ , A 100 Days ODF Plus Campaign







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• The Ministry of Jal Shakti has launched a 100 Days campaign – ‘SUJALAM’ as part of Azadi Ka Amrit Mahotsav celebrations to achieve Open Defecation Free Plus Status in villages across the country by undertaking waste water management at the village level.

• It aims to create 1 million Soak-pits & other grey water management activities in the villages.

India’s 1st self-regulatory body for News Media

• The Ministry of Information and Broadcasting has officially granted a status of self-regulatory body for TV news broadcasters to News Broadcasters Federation’s, ‘Professional News Broadcasters Standards Authority’ under the Cable Television Networks (Amendment) Rules, 2021.

• The NBF channels presently include 24News, Alamai Sahara, IND 24, India News Gujarat, India News Haryana, India News Hindi, India News MPCG, India News Punjabi, India News Rajasthan,

Republic Bangla, Republic Bharat, Republic TV, Sahara Samay, Samay Bihar, Sahara Samay, Samay Bihar, Samay Maharashtra, Samay Rajasthan, Samay UP, TV5 Kannada, TV5 Telugu, among others.

• President of NBF is Arnab Goswami.

Amrit Mahotsav App Innovation Challenge 2021







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• The government of India announced the Amrit Mahotsav App Innovation Challenge 2021 for Indian entrepreneurs and start-ups.

• The challenge will be available on – innovateindia.mygov.in

• Main categories- Culture & Heritage, Health, Education, Games, Entertainment, Agriculture, Business, Social media, Emerging tech, Fintech, Navigation and others

Punjab to Launch ‘Mera Kaam Mera Maan’ Scheme

• Punjab has approved the new scheme titled “Mera Kaam Mera Maan (MKMM)” scheme to help the unemployed youths of Punjab to enhance their skills and increase the chance of getting a job.

• The workers must be registered with the Construction Workers Welfare Board, Department of labour.

• 30000 beneficiaries have been approved under the pilot project.

• The scheme will also provide an employment assistance allowance of Rs 2500 per month for a period of 12 months from the start of the training course

HCL Foundation Launched My e-Haat Portal







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• HCL Foundation, the corporate social responsibility arm of HCL Technologies, launched an online portal named ‘My e-Haat‘ to empower artisans and strengthen the value chain of the handicraft sector in India.

• The portal will enable artisans to list their products to conduct their business.

Indian Army Organised 400 Km “Jazbaa-E-Tiranga”

• The Indian army has organised a 400 Km “JAZBAA-E- TIRANGA” Relay Marathon in Jammu and Kashmir as a part of the Azaadi Ka Amrit Mahotsav, celebrating the 75th year of independence.

• More than 300 troops participated in the Relay marathon carrying the Indian Tricolour flag along the line of control

SIDBI provides first approval under SCDF to TN Government







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• Small Industries Development Bank of India has provided the first approval under SIDBI Cluster Development Fund to the Tamil Nadu state government.

• This fund will be utilized for direct benefit of the MSMEs (Micro, Small & Medium Enterprises) in Tamil Nadu.

• SIDBI has set up Project Management Units (PMUs) in 11 states viz. Assam, Andhra Pradesh, Rajasthan, Gujarat, Haryana, Maharashtra, Delhi, Uttar Pradesh, Uttarakhand and Tamil Nadu.

EASE 4.0

• Nirmala Sitharaman unveiled the 4th edition of the Public Sector Bank Reforms Agenda ‘EASE 4.0’ (Enhanced Access and Service Excellence) for 2021-22

Award-Winning PSB on EASE 3.0 Banking Reforms Index:

Rank EASE Reforms Index Award 2021

Rank Award for Best Improvement from The March Baseline Performance







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1 State Bank of India (SBI)

1 Indian Bank

2 Bank of Baroda (BOB)

2 Union Bank of India

3 Union Bank of India (UBI)

3 Punjab National Bank

Theme wise Top 3 Award-winning PSBs under EASE 3.0:

Rank

Theme 1 Theme 2 Theme 3 Theme 4 Theme 5

Smart Lending for Aspiring India

Tech-enabled ease of banking

Institutionalizing Prudent Banking

Governance and outcome centric HR

Deepening FI and customer protection

1 BOB SBI BOB UBI UBI

2

SBI

BOB

Punjab National Bank

PNB

SBI

3 UBI UBI Canara Bank SBI BOB

Around 4.4 lakh customers have been benefited through the instantaneous and simplified credit access through Credit@click, the flagship initiative under EASE 3.0.

• The different key initiatives under EASE 4.0 include – Dial a loan, Credit@click, Analytics based credit offer, Partnership with AgriTechs for data exchange, Cloud-based IT system, Process automation, Co-lending with Non-Banking Finance Companies (NBFCs)

• In FY21 the PSBs have reported a profit in FY21 for the 1st time after 5 years of loss. In FY21 they have gained a profit of Rs 31,817 crore compared to a loss of Rs 26,016 crore in FY20.This is the first year when PSBs have reported profit after five years of losses.

• In FY21, the gross non-performing assets (GNPA) of PSBs has been reduced by Rs 62,000 crore to Rs 6.16 lakh crore.

• The government’s 4R strategy of Recognition, Resolution, Recapitalization and Reform has improved the performance of PSBs in FY21.

Indicators FY21

Net Profit Rs 31,820 crore







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Gross NPAs 9.1% (14.58% – March 2018)

Net NPA 3.1% (7.97% – March 2018)

Provision Coverage Ratio 84% (62.7% – March 2018)

Capital Adequacy 14.04%

• In FY21, PSBs have disbursed around Rs 40,819 crore of fresh personal, home and vehicle loans through digital channels.

• The number of customers active on digital channels doubled from 3.4 crores in FY20 to 7.6 crores in FY21.

• Among the 6 themes of the EASE 3.0 Reforms Agenda, the highest improvement was seen in the themes of ‘Smart Lending’ and ‘Institutionalising Prudent Banking’.

• The transactions provided by Bank Mitras in rural areas increased by 13 percent and the enrolments in Micro personal accident insurance also improved by 50 percent in Q4FY21 compared to Q4FY20.

• The PSBs, private banks and NBFCs supported over 1.16 crore borrowers through the Emergency Credit Line Guarantee Scheme alone.

• In June 2021, the Government increased the Target Credit Line under the ECLGS scheme from Rs 3 Lakh crore to Rs 4.5 Lakh crore.

• Govt launched ‘Ubharte Sitaare Fund’ of Corpus Rs 250 crore for Export-oriented Small & mid-sized companies across India.

• The Government has approved the Indian Banks’ Association’s (IBA) proposal to increase the family pension for the family of PSB employees to 30 percent of the last salary drawn.

• Through this, the family pension for a PSB employees’ family will be in the range of Rs 30,000 to Rs 35,000.

• The Government has also approved the proposal to increase PSB employers’ pension under the National Pension System (NPS) from the existing 10 percent to 14 percent.

International News

Shanghai Ranking’s ARWU 2021







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• Shanghai Ranking Consultancy released

Academic Ranking of World

Universities(ARWU) 2021 ranking for

higher education Institutes.

• ARWU presents rankings of the world’s top

1000 research universities

• The rankings are based on the six objective

indicators to rank world universities,

including the number of alumni and staff

winning Nobel Prizes and Fields Medals, number of highly cited researchers selected by Clarivate

Analytics, number of articles published in journals of Nature and Science, number of articles indexed in

Science Citation Index – Expanded and Social Sciences Citation Index, and per capita performance of a

university.

• Academic Ranking of World Universities (ARWU) was first published in June 2003 by the Center for

World- Class Universities (CWCU), Graduate School of Education of Shanghai Jiao Tong University, China

Institute Rank

Harvard University 1

Stanford University 2

University of Cambridge 3

Indian Institute of Science (IISc) Bangalore 401-500

University of Calcutta 601-700

Mahatma Gandhi conferred with Congressional Gold Medal







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• Mahatma Gandhi, the first Indian to

posthumously receive the Congressional Gold

Medal.

• The congressional Gold Medal is the highest

civilian award in the United States.

World Bank’s IFC Extended Debt Support to IndoSpace Logistics Fund

• International Finance Corporation has

extended loan support of $75 million to

Indospace Logistics Parks III, a $580-million

vintage fund for developing logistics and

industrial parks across India.

• The investment will also support it to build

a warehouse in Luhari III, a site near

Gurgaon, Delhi, and other key areas in

North India.

• In September 2020, IndoSpace partnered with Kool-ex to build 3 customized temperature-controlled

Pharma Distribution Centres in Mumbai, Delhi, and Bangalore.

• Logistics costs in India were estimated to be at around 13 to 14 percent of Gross Domestic Product

(GDP), compared with around 9 to 10 percent in the US and Europe.

• A funding of $13 billion is required for the development of new warehousing capacity in India over the

next decade.

Indospace

• Managing Partner & CEO – Brian Oravec

• Headquarters – Mumbai, Maharashtra

International Finance Corporation (IFC)

• MD– Makhtar Diop







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• Headquarters – Washington D.C., USA

Hurun Global 500 Most Valuable Companies 2021

• Hurun Global 500 List 2021 released by Hurun Research Institute. It is a list of the 500 most valuable non-state- controlled companies in the world ranked according to market capitalization for listed companies and valuations for non-listed companies.

• As per the Hurun Global 500 Most Valuable Companies list 2021, Apple is the world’s most valuable company (USD 2,443 billion) and followed by Microsoft (USD 2114 billion) and Amazon (USD 1802 billion)

• Reliance Industries Ltd topped the list of Indian companies with a global rank 57.

• 12 Indian companies has listed in the Hurun Global 500 Most Valuable Companies 2021.

• On the basis of number of companies featured in the list, India got 9th rank while with 243 companies the US is in the top and China(47), Japan(30) and UK(24).

• TCS secured 74th position in the rankings with a valuation of $164 billion while HDFC Bank at 124th rank with the valuation of $113 billion

• Three new companies named Wipro(ranked 457th, Asian Paints(477th rank) and HCL Technologies(498th rank) entered this year.

Cushman Global Manufacturing Risk Index

• In accordance with the Cushman &

Wakefield’s 2021 ‘Global Manufacturing

Risk Index-Assessing Costs, Risks and

Conditions Impacting Manufacturing‘,

Chine has led the index

• India became the world’s 2nd most desired

manufacturing destination globally

surpassing the United States which stood

at 3rd place.







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11th BRICS High Representatives Responsible for National Security Meeting

• Ajit Doval Indian National Security Adviser virtually chaired the 11th meeting of the BRICS High Representatives Responsible for National Security .

• India will host the upcoming BRICS summit

World's first fossil-free steel manufactured in Sweden: Hybrit delivers 'green steel' to Volvo

• Sweden’s green steel venture HYBRIT had made the world’s first customer delivery of steel produced without using coal and coke, to its truck-manufacturer Volvo AB as a trial run. This steel is produced with 100% fossil-free hydrogen.

• HYBRIT stands for Hydrogen Breakthrough Ironmaking Technology.

• HYBRIT is a joint venture between Swedish steelmaker SSAB and miner LKAB (Luossavaara-Kiirunavaara Aktiebolag).

• Hydrogen is a key part of the European Union (EU’s) plan to reach net zero greenhouse gas emissions by 2050.

India-ISA Energy Transition Dialogue, 2021







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• India-International Solar Alliance Energy Transition Dialogue, 2021 held

• The event was organised by ISA & the Union Ministry of New & Renewable Energy (MNRE)

• India’s Emissions have reduced about 28% from 2005 levels, against the target of 35% by 2030

India’s Target

• To reduce 33-35% emissions intensity of its Gross Domestic Product (GDP) by 2030 from 2005 levels.

• To increase the share of Non fossil fuels like Solar, wind, hydro, Biomass & Nuclear by 40% in terms of power generation.

• To increase forest & tree cover to create an additional carbon sink of 2.5-3 billion tonnes of Carbon Dioxide (C02)

1st IBSA NSAs meeting

• India’s National Security Advisor Ajit Doval hosted the 1st meeting of IBSA(India, Brazil, South Africa) NSAs.

• India is the current IBSA Chair.

• India is set to host the 6th IBSA summit under the theme “Democracy for Demography and Development”.

• India invited Brazil to take part in MILAN Naval Exercise of 2022.

US-India Climate Technologies Action Group







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• The United States Trade and Development Agency and the US India Strategic Partnership Forum launched the US-India Climate Technologies Action Group which aims to integrate private and public sector inputs on a concrete initiative that can contribute to advanced global action on climate.

• During the launch of CTAG, the workshop series titled “Energy Resiliency Workshop Series – India” led by USTDA, IHS Markit and USIN foundation was also launched.

Google Launched Kids Safety Programme ‘Be Internet Awesome

• Google partnered with comic book publisher Amar Chitra Katha and launched a kids safety programme named ‘Be Internet Awesome’ to promote safe internet practices among children.

• The programme will be available in 8 Indian languages.

• Google plans to introduce a smartphone in partnership with Reliance Jio

India Extends USD 1 million aid to Zimbabwe







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• The government of India provides USD 1 million aid to Zimbabwe under United Nations World Food Programme.

• The help aid is being provided through India- United Nations Development Partnership Fund.This fund will be used to provide support to more than 5200 farmers in Chiredzi and Mangwe districts.

About Zimbabwe:

• Capital- Harare

• Currency – Zimbabwean Dollar

• President-Emmerson Mnangawa

Chairperson of Stop TB Partnership Board

• Mansukh Mandaviya, Union Minister of Health and Family Welfare has taken charge as the Chairperson of the Board of Stop TB partnership.

• He will hold the responsibility of the chairman of the board with immediate effect until 2024.

• He took over the responsibility from Dr Harsh Vardhan, former Union Minister of Health and Family Welfare, Government of India.

• The Stop TB partnership board has appointed Austin Arinze Obiefuna as the Vice-Chair of the

board.

GOI & BRICS partnered to setup SARS-CoV-2 NGS-BRICS consortium







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• Department of Biotechnology, Ministry of Science and Technology, Government of India and BRICS (Brazil, Russia, India, China, and South Africa) have collaborated to implement SARS-CoV-2 NGS-BRICS consortium and multi centric programme to study the impact of severe COVID-19 conditions on Tuberculosis patients.

• SARS-CoV-2 NGS stands for Severe Acute Respiratory Syndrome-Coronavirus 2-Next-generation sequencing (NGS).

• Indian team consists members from National Institute of Biomedical Genomics-NIBMG (Professor Arindam Maitra, Professor Saumitra Das, Dr Nidhan K Biswas), Centre for DNA Fingerprinting and Diagnostics-CDFD (Dr Ashwin Dalal) and Indian Institute of Science-IISc (Dr Mohit K Jolly).

• National Laboratory for Scientific Computation – LNCC/MCTI (Dr Ana Tereza Ribeiro de Vasconcelos) from Brazil

• Skolkovo Institute of Science and Technology (Professor Georgii Bazykin) from Russia,

MoU & Partnerships

AMTRON & Corsight AI signs MoU

• Assam Electronics Development

Corporation Limited has signed a

Memorandum of Understanding with

Corsight AI, Israel based Software company

to set up a Artificial Intelligence Centre of

Excellence at Tech city in Guwahati,

Assam.

• The MoU will establish a strong Facial

Recognition Technology Development &

Services portfolio which also includes

setting up Facial Recognition Centre of Excellence (FR-CoE)

• I-Sec will be the strategic partner for AMTRON in this partnership.

Assam Electronics Development Corporation Limited:







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• Chairman – Ramendra Narayan Kalita

• Headquarters – Guwahati, Assam

Israel:

• Prime Minister – Naftali Bennett

• Capital – Jerusalem

• Currency – Israeli Shekel

Intel India Collaborated with SINE-IIT Bombay

• Intel India collaborated with Society for

Innovation & Entrepreneurship –IIT Bombay has

launched first-of-its-kind industry-technology

alliance “Plugin Alliance”, for enhancing Industry

revolution in India.

Razorpay, Capital Float Partnered for BNPL Solution Walnut 369

• Capital Float Financial Services Pvt. Ltd

partnered with Razorpay to extend its ‘buy

now, pay later’ solution, the Walnut 369

• Through its Walnut app, the Capital Float

also offers loans, insurance and personal

finance management.

Razorpay:

• CEO– Harshil Mathur

• Headquarters – Bangalore

NIPL Partnered With Mashreq Bank







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• NPCI International Payments Ltd has

partnered with the UAE based Mashreq Bank to

provide the Unified Payments Interface

• In July 2021, NIPL in partnership with the

Royal Monetary Authority of Bhutan implemented

the Bharat Interface for Money UPI QR-based

payments in Bhutan.

NPCI International Payments Limited (NIPL):

• CEO – Ritesh Shukla


Mashreq Bank:

• CEO – Ahmed Abdelaal

• Headquarters – Dubai, UAE

USAID, DFC Partners with Kotak Mahindra Bank

• United States Agency for International

Development and US International

Development Finance Corporation have

partnered with Kotak Mahindra bank for

USD 50 MIllion loan Guarantee for Women

Entrepreneurs and Micro, Small & Medium

Enterprises across India

• The program will be supported by Vivriti

Capital. Vivriti capital will provide USD 1

mn first loss guarantee & analytical and

sourcing support.

United States Agency for International Development:







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• Administrator – Samantha Power

• Headquarters – Washington,D.C

Kotak Mahindra Bank:

• MD & CEO – Uday Kotak


Indifi Partners with Facebook India

• Indifi has partnered with Facebook India to

launch 1st of its Kind Small Business Loans

Programme.

• It will provide loans worth INR 5 lakh to 50

lakh for Small Businesses advertising in

Facebook’s Platform.

• The loans will bear an interest rate of 17-20%

• It involves USD 100 Million in cash grants and

ad credits to help small businesses across over 30

countries

Indifi:







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• MD & CEO – Alok Mittal

• Headquarters – Gurugram

Facebook:

• Chief Executive Officer – Mark Zuckerberg

• Headquarters – California

Odisha Signs MoU with UMC Ahmedabad

• The Odisha Housing and Urban

Development Department signed a

memorandum of understanding with the

Urban Management Centre of

Ahmedabad, Gujarat for capacity building

of Mission Shakti Self-Help Groups in solid

waste management in Odisha.

• As a part of MoU there will be creation of a

pool of trainers and mentors, besides

strengthening the capacities of urban local

body functionaries engaged in sanitation-related work.

Microsoft India collaborates with Invest India







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• Microsoft India has entered into a partnership

with Invest India to support the tech startups in

India.

• Microsoft will work with Invest India and

Accelerating Growth of New India’s Innovations

Mission to support the ‘Microsoft for Startups’

programme.

• AGNIi Mission, a programme of the Office of

the Principal Scientific Adviser to the Government

of India and a Mission under the Prime Minister’s Science, Technology, and Innovation Advisory Council

• Under this partnership, the 11 selected startups will be able to utilise Microsoft technology including

Azure, GitHub, and M365, which will allow them to build and run their business.

• 11 selected startups are Amplearth Packaging and Systems; Arishti CyberTech; Daybest Research; Go

Buzzr (Dev BeeTech); Prkruti (Jal Technologies); Sandbird Research and Development; Vasudhaika Digital

(Kalgudi Digital); Vecmocon Technologies; Whrrl Fintech Solutions; YCLEPT 4E Labs; and Yuktix Gidabits.

Lockheed Martin gets USD 328 Million Indian Contract

• Lockheed Martin has received USD 328

Million worth Contract from the Indian

Government to provide comprehensive

support for the Indian Air Force fleet of

12C-130J-30 Super Hercules Aircraft for a

period of 5 years.

Lockheed Martin:

• CEO – Jim Taiclet

• Headquarters – Maryland , US

Trade agreement signed by the Tripura State Electricity Corporation Limited and Bangladesh Power Development Board







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• A trade agreement between Indo-Bangladesh signed by the Tripura State Electricity Corporation Limited and Bangladesh Power Development Board was renewed for the export of power.

• It was originally signed in 2016 for the supply of 160 megawatt power to Bangladesh Power Development Board

Meity Startup Hub partners with MergerDomo to Strengthen Startup Ecosystem in India

• Meity Startup Hub has partnered with MergerDomo, a fundraising & startup advisory platform to Strengthen startup ecosystem in India.

• The partnership aims to support the startups on various aspects such as Investor engagement, Corporate Connects, Pitch evaluation & Strategic Planning.

Google Tie up with Setu to Open FDs on GPay







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• Google partnered with SETU, a fintech company, to enable its users to open fixed deposits through Google Pay.

• Google plans to offer FDs of Equitas Small Finance Bank for 1 year.

• Interest rates ranges from 3.5 percent to 6.35 percent

Decimal Technologies & Ujjivan SFB has entered into partnership

• Ujjivan Small Finance Bank Limited has entered into partnership with Decimal Technologies, India’s leading fintech firm, under which the Ujjivan SFB and its channel partners will use Saarathi, digital lending platform of Decimal technologies.

• This is the 1st ever banking tie up of Decimal technology in this model.

• Under this partnership, Saarathi will enable a 100% digitisation of the loan offering by Ujjivan SFB

• Saarathi is integrated with Credit Bureau, NSDL, Document verifications systems, Google Maps for geo-tagging, bank statement analyser and others.







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Ujjivan Small Finance Bank Limited:

• MD & CEO– Nitin Chugh

• Officer on Special Duty (OSD)– Carol Furtado

• Headquarters– Bengaluru

MoCA & Adani Enterprises Ltd Signs MoU

• The Ministry of Civil Aviation has signed Memorandum of Understanding with Adani Enterprises Limited for providing Reserved Services which includes Customs, Immigration, Plant & Animal quarantine services, Health services, Meteorological & Security services in the Airports of Jaipur, Guwahati & Thiruvananthapuram.

• Government of India (GoI) had privatised 6 major Airports in the country – Lucknow, Ahmedabad, Mangaluru, Jaipur, Guwahati &

Thiruvananthapuram in 2019.

• Communication Navigation Surveillance-Air Traffic Management (CNS-ATM) agreement was signed between Airports Authority of India (AAI) & Adani Enterprises to provide Communication & Air traffic management services at the Airports of Jaipur, Guwahati & Thiruvananthapuram.

MoU signed Between NRL and Inland Waterways Authority of India

• A Memorandum of Understanding was signed between Numaligarh Refinery Limited in Assam and Inland Waterways Authority of India

• Under the government of India ‘Hydrocarbon Vision 2030’ project, NRL is under process to expand refining capacity from 3 MMTPA (Million Metric Tonne Per Annum)to 9 MMTPA.

IIMA partnered with Bank of America







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• Indian Institute of Management Ahmedabad has partnered with Bank of America to launch a Centre for Digital Transformation.

• CDT is the 9th research centre to be set up at IIMA.

• The CDT also set up an ‘Advisory Council on Responsible Digital Transformation’, which will be managed by IIMA.

• The advisory committee of the Centre is jointly chaired by Cathy Bessant (Chief Operations

& Technology Officer, Bank of America), and Founding Chair Dr. Pankaj Setia (Professor of Information Systems, IIMA).

MeitY Startup Hub Sign MoU with Paytm

• MeitY Startup Hub has signed a Memorandum of Understanding with Paytm, a digital payment and financial technology, to support deep tech startups.

• The partnership between Paytm and MSH will assist the Indian startups through access to mentorship, networking and business opportunities.

LoanTap Collabarates with SBM Bank & Rupay







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• LoanTap launched its 1st LIMITLESS Credit line backed Prepaid Card in partnership with SBM Bank as a Banking Partner and RuPay as the Payment Network.

• The card offers a Buy Now Pay Later facility and enables customers to convert their outstanding into easy EMIs.

LoanTap:

• CEO and Co-Founder – Satyam Kumar

• Headquarters – Pune

Banking & Finance

General Insurance Business (Nationalisation) Amendment Act, 2021

• General Insurance Business (Nationalisation) Amendment 2021 got assent of the President Ramnath Kovind.

• This bill will amend the General Insurance Business (Nationalisation) Act of 1972.

• The Act was enacted to nationalise all private companies undertaking general insurance business in India and it makes private sector participation in the public sector insurance companies regulated under the Act.

• General Insurance Corporation of India (GIC) was set up under the 1972 Act. The businesses of the companies nationalized under the Act were restructured in four subsidiaries of GIC: (i) National Insurance, (ii) New India Assurance, (iii) Oriental Insurance, and (iv) United India Insurance.

• The Act was amended in 2002 and the control of these four subsidiary companies has been transferred from GIC to the central government, the share holding of the Central Government in the General Insurance Corporation of India and the insurers referred to in section 10A (specified insurers) shall not be less than 51 per cent.

• The Act classifies the General Insurance Business for fire, marine, or miscellaneous insurance. It excludes







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capital redemption and annuity certain business from the definition.

• The bill removes the provision to section 10B of the act; it said to be to omit the minimum 51% shareholding of central government in specified insurers.

• The bill adds new section 24B ;it will not be applied to the specified insurers from the date on which the central government relinquishes control of the insurer.It will empower the central to notify workers of selected insurers about their terms and conditions of employment.

• The bill also inserts a new section 31A providing for liability of a director of specified insurer, who is not a whole-time director, in respect of such acts of omission or commission of the specified insurer which has been committed with his knowledge and with his consent.

HDFC Ltd introduced a fixed deposit named ‘Green & Sustainable Deposits’

• HDFC Ltd introduced a fixed deposit named ‘Green & Sustainable Deposits’ to safeguard the environment from climate change.

• The Fixed deposit period ranges from 36-120 months.

• The deposits would carry interest rates up to 6.55 percent per annum

• Senior citizens are eligible for an additional 0.25 percent per annum interest on deposits up to Rs 2 crore.

• The additional Return on investment of 0.10 percent p.a. will be provided for deposits up to Rs 50 lakh per calendar month per customer if placed/renewed through the banks’ online platform.

HDFC Life Released Life Freedom Index 2021 Report







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• HDFC Life released Life Freedom Index (LFI) 2021 report.

• The report analyses the financial freedom of consumers across 4 different segments viz, Proud Parents, Wisdom Investors, Young Aspirants and Smart Women.

• The report also includes 4 sub-indices such as Financial Awareness Index, Financial Planning Index, Financial Sufficiency and Adequacy Index, and Financial Liberty Index.

• The 2021 LFI study was conducted along with NielsenIQ across 14 cities (including Metros, Tier 1 and Tier 2) with 1987 respondents.

• Due to COVID-19, the LFI of 2021 was reduced by 4.8 points from 2019 due to the impact of COVID-19. Consumer confidence was also reduced after the 2 waves of COVID-19.

• Financial awareness has increased during the last 2 waves of COVID-19 and Familiarity with term insurance also increased by 11 points.

• Nuclear families have been the most impacted with an LFI drop of 10.5 points, whereas the joint families have been stable.

About HDFC Life Insurance Company Ltd: • MD & CEO – Vibha Padalkar • Headquarters – Mumbai, Maharashtra

ASK Investment Managers launches India’s 1st Alternate Investment Fund

• ASK Investment Managers Ltd launched India’s first Digital Alternate Investment Fund namely ‘ASK Emerging Opportunities Fund’ through which the company is targeting to raise Rs 1,000 crore.

• This fund is a close-ended category-III long-only AIF.

• The another unique feature of ASK Emerging Opportunities Fund is the entire paperless and hassle-free process of opening accounts and

documentation.

• This is also the first of its kind in the 9-year-old AIF industry.

• The term of the scheme is 7 years with 2 years of lock-in from the final closing.

ASK Investment Managers Ltd:

• Executive Director– Bharat Shah







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• Headquarter– Mumbai, Maharashtra

SEBI Approved Bajaj Finserv to Launch Mutual Fund Business

• SEBI provided the in-principle approval to

Bajaj Finserv Ltd for launching the mutual fund

business.

Bajaj Finserv Ltd:

• Chairman & Managing Director – Sanjiv Bajaj

• Headquarters – Pune

RBI Imposed Penalties

• The Reserve Bank of India has imposed a

penalty of Rs 27.5 Lakh on Dhanlaxmi Bank

for the violation of certain provisions of the

Depositor Education and Awareness Fund

Scheme.

• The RBI has also imposed a penalty of Rs 20

lakh on the NE and EC Railway Employees’

Multi-State Primary Co- operative Bank,

Gorakhpur, Uttar Pradesh for the violation

of directions under the Supervisory Action

Framework

RBI Empaneled South Indian Bank as Agency Bank







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• The Reserve Bank of India has empanelled South Indian Bank as an ‘Agency Bank’ to facilitate transactions related to Central and State government on behalf of the RBI.

FREO Launched Savings Account in Partnership with Equitas SFB

• FREO, India’s 1st credit-led Neobank, made a partnership with Equitas Small Finance Bank and launched a zero-balance savings account named ‘Freo Save’ for its customers.

• The account will offer a 7 percent interest rate on a minimum balance of Rs 1 lakh.

• FREO’s parent company started its operations in India with the launch of Money Tap in 2016.

• Money Tap is India’s 1st App-based credit line, it will provide a personal loan through the app in

partnership with banks and Non-Banking Financial Companies (NBFCs).

Equitas Small Finance Bank Ltd:

• MD and CEO – Vasudevan Pathangi Narasimhan

• Headquarters – Chennai, Tamil Nadu

RBI Executive Directors for 2021-22







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• The Reserve Bank of India has promoted Ajay Kumar, A.K. Choudhary and Deepak Kumar as the Executive directors for the year 2021-2022.

• At present RBI has 12 executive directors and 30 chief General Managers, under the 4 deputy governors.

RBI Imposed Penalties

• Reserve Bank of India has imposed a penalty of Rs 15 lakh on Baghat Urban Co-operative Bank Ltd, Solan, Himachal Pradesh for violation of certain norms related to non-identification of Non-Performing Assets.

• RBI also imposed a penalty of Rs 1 lakh on Delhi Nagrik Sehkari Bank Ltd, New Delhi, for non-compliance with certain directions issued by it.







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Appointments & Resignations

Alia Bhatt Appointed as Brand ambassador of Samsung India

• Bollywood actress Alia Bhatt has been appointed as the brand ambassador of Samsung India to endorse Galaxy Z

Pawandeep Rajan Appointed as Uttarakhand’s Brand Ambassador

• Uttarakhand has announced that Pawandeep Rajan, winner of the Indian Idol Season 12(2021) has been appointed as the brand ambassador of Uttarakhand’s art, tourism and culture.

Sonu Sood Appointed as Brand Ambassador of Delhi Govt’s ‘ Desh Ke Mentors’ Program







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• Sonu Sonu will be appointed as brand ambassador of the programme of Delhi Government ‘’Desh Ke Mentor”

• It’s a mentorship programme where around 3 lakh experts and professionals will guide the 10 lakh Delhi government school students.

Defence

‘Zair-Al-Bahr’ Maritime Exercise 2021

• 2nd edition of Bilateral Maritime Exercise

Zair-Al-Bahr 2021 between the Indian Navy

and Qatar Emiri Naval Force was conducted

in the Persian Gulf.

• INS Trikand participated in the sea phase

DLJ & HEMRL developed Advanced Chaff Technology







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• Defence Research and Development

Organisation’s Defence Laboratory, Jodhpur and

High Energy Materials Research Laboratory Pune

have developed an advanced Chaff material and

chaff cartridge-118/I for Indian Air Force

• This technology will safeguard IAF fighter jets

against hostile radar threats.

• It is an electronic Counter Measure

Dispensing System (CMDS) to protect defence

assets, like naval vessels and aircraft by providing passive jamming against Infra-Red, radio frequency and

radar threats to ensure survivability of aircraft.

India deal with Russia to buy AK-103 Rifles

• India finalized a deal with Russia for the

procurement of AK-103 series of assault

rifles for the Indian Army

• In October 2017, the Indian Army began the

process to acquire around 7 lakh rifles,

44,000 light machine guns and nearly

44,600 carbines to further enhance the

combat capability of the Army.

Rajnath Singh launches DISC 5.0







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• Union Minister Rajnath Singh, Ministry of Defense has launched Defense India Startup Challenge (DISC) (5th version) under Innovations for Defense Excellence-Defense Innovation Organisation (iDEX- DIO)

• The Challenge has been launched by Ministry of Defence in partnership with Atal Innovation Mission (AIM).

• Under DISC 5.0, 35 challenges were made open of which 13 from Armed forces & 22 from Defense Public Sector Undertakings to startups, Innovators & MSMEs to provide their innovative ideas on technologies related to the defense sector.

• DISC 1.0 was launched in 2018

• Innovations for Defense Excellence-Defense Innovation Organisation was launched in 2018 by the Department of Defense Production(DDP) to achieve self-reliance and foster innovation & technology development in defence and aerospace sectors.

India, Australia signed Joint Guidance Document

• ‘Joint Guidance for the Australia-India Navy to Navy Relationship’ document was signed between the Indian Navy and Royal Australian Navy

• The signing of this document was on the lines of the ‘2020 Comprehensive Strategic Partnership (CSP)’ which was agreed between the Indian Prime Minister Narendra Modi and Australian Prime Minister Scott Morrison during India-Australia Leaders’ Virtual Summit on June 4, 2020.

• There is Mutual Logistics Support Agreement (MLSA) which allows militaries of the two countries to use each other’s bases for repair and replenishment of supplies, besides facilitating scaling up of overall defence cooperation.

India & Philippines conducts ‘Maritime Partnership Exercise’







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• in the West Philippine Sea

• The Indian Navy was represented by Indian

Naval Ship Ranvijay and INS Kora

Philippines:

• President – Rodrigo Duterte

• Capital – Manila

• Currency – Philippines Peso

Indian Army Receives 1st Batch of MMHG from EEL

• Indian Army received the delivery of 1st batch of Multi-Mode Hand Grenade manufactured by Economic Explosives Limited

• MMHG has been designed by Chandigarh based Terminal Ballistic Research Laboratories of the Defence Research and Development Organisation & is manufactured by EEL, Nagpur.

• Ministry of Defence (MoD) has signed a contract with EEL for supply of 10 lakh MMHG to Indian Army at cost of around INR 409 crore

Economic Explosives Limited:

• Chairman & Executive Director – Satyanarayan Nandlal Nuwal

• Headquarters – Nagpur

Counter Terrorism Exercise ‘Gandiv’







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• The 3rd Edition of the annual Counter Terrorism Exercise named ‘Gandiv’ is being conducted by the National Security Guard across NCR, Uttar Pradesh, Madhya Pradesh & Gujarat.

• Gandiv is the name of Arjuna’s bow in Mahabharata.

• The exercise will strengthen the counter-terror skills of the State administration, Police, Anti-terrorist squads & create awareness among the public.

National Security Guard:

• Director General – M A Ganapathy

• Headquarters – New Delhi. It has 5 regional hubs in Mumbai, Kolkata, Hyderabad, Chennai & Gandhinagar.

‘Exercise Malabar’

• The 25th Edition of Naval Exercise Malabar is conducted between the India Navy, the United States Navy, Japanese Maritime Self Defence Force & the Royal Australian Navy in the Western Pacific Ocean.

• The exercise is hosted by the US Navy

• INS Shivalik and INS Kadmatt and P8I patrol aircraft participated in the exercise.

• The Malabar Started is an annual bilateral exercise started in 1992 between the Indian Navy & the US Navy.

• Then it became a trilateral exercise, After Japan joined as the permanent member of the exercise in 2015.

• In the 2020 edition, Australia participated in the exercise malabar.







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Sports All India Chess Federation & Chess Players Association of India Joined hands to Administer the Chess

Games in India

• All India Chess Federation and the Chess

Players Association of India has announced their

Merger plan to administer the chess games.

Odisha Extended Sponsorship to Hockey India by 10 More Years

• Odisha has announced that the

government of Odisha has decided to

continue the sponsorship of Hockey India

for 10 more years (the current sponsorship

ends in 2023).

• In 2018, after Sahara India withdrew its

sponsorship, the government of Odisha

signed a deal with Hockey India to sponsor

the men’s and women’s hockey teams for

a period of 5 years







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World Table Tennis Contender 2021

• Manika Batra and G Sathiyan won in the final

match of World Table Tennis Contender 2021 held

at Budapest.

• They became the first table tennis players

from India to win a WTT Contender title.

Terras de Tras-os-Montes Chess Open 2021

• Indian Chess GrandMaster Arjun Erigaisi won

Ⅱ Terras de Tras-os-Montes Chess Open 2021 held in Braganca, Portugal.

• He is the 54th GM from India.

• Chennai based Indian GM Gukesh finished in 2nd place

ITTF Czech International Open

• Indian Table Tennis Player Sathiyan Gnanasekaran won the 2021 International Table Tennis Federation (ITTF) Czech International Open in Olomouc, Czech Republic.







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26th Ciutat de Barcelona Chess Open, 2021

• Indian Grand Master SP Sethuraman won the 26th Ciutat de Barcelona Chess Open, 2021 in Barcelona, Spain.

• GM Karthikeyan Murali finished in 3rd spot

Books & Authors

‘The Kapil Sharma Story’ Biography

• Ajitabha Bose wrote a book ‘The Kapil

Sharma Story’, a biography of the famous

Indian Stand-up comedian Kapil Sharma.

• The book narrates about the journey and

struggling life of Kapil Sharma.







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Book ‘Battlefield’ Authored by Vishram Bedekar

• A new book titled “Battlefield”, a novel authored by Vishram Bedekar is the translation of the Marathi original titled “Ranaangan” by Vishram Bedekar

• The book was translated from Marathi into English by author and translator, Jerry Pinto.

• He has authored several plays like Bramhakumari, Naro Va Kunjaro Va, Vaje Paul Apule and Tilak ani Agarkar.

• He won the Sahitya Akademi Award in 1985 for his autobiography titled “Ek Zhaad Ani Don Pakshi”.

New book Titled ‘An Invitation to Die: A Colonel Acharya Mystery’

• A new book titled ‘An Invitation to Die: A Colonel Acharya Mystery’ authored by Tanushree Podder was released.

• It is the story of a murder mystery investigation by Colonel Arjun H. Acharya, a retired army officer and an amateur private investigator.

• A Closetful of Skeletons, Before You Breathe: A Colonel Acharya Mystery are other books written.

Obituary

Former Indian Footballer Chinmoy Chatterjee Passed Away







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• Former Indian International Footballer

Chinmoy Chatterjee has passed

• He was a part of the Indian football team

during the 1978 Bangkok Asian Games.

• He has represented the Mohun Bagan and

East Bengal in the Calcutta Football league

Footballer O Chandrasekharan Passed Away

• O. Chandrasekharan passed away.

• He was a member of the Rome Olympics 1960 Gold medal winning Indian football team.

• Under his captaincy, Indian Football team won a Gold medal in the Jakarta Asian Games 1962.

• He also led the Maharashtra team to the Santosh Trophy title in the 1963-64 season.

Former England Cricketer & Journalist Ted Dexter Passes Away

• Former England Cricket team Captain & Journalist Ted Dexter passed away

• He has played 62 Test matches

• Dexter popularly known as Lord Ted was inducted into the International Cricket Council (ICC) Cricket Hall of fame as one of the special inductees in June 2021.

• Dexter worked as a Journalist & Broadcaster after his retirement .

• He also served as Chairman of England Cricket Selectors.







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• He was instrumental in devising the players ranking system that was later adopted by the ICC and is currently known as the ICC Player Rankings.

Agriculture Scientist B V Nimbkar Passed Away

• The renowned Agricultural Scientist and Padma Shri award recipient B V Nimbkar passed away

• Nimbkar was the founder of Nimbkar Agricultural Research Institute







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Weekly Current Affairs- 24 31 August 2021

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Transcript of Weekly Current Affairs- 24 31 August 2021