National & International Appointments
1. DRDO Chief G Satheesh Reddy gets two-year extension
- Renowned scientist G Satheesh Reddy has got two-year extension as the Chairman and Secretary of the Department of Defence Research & Development Organisation (DRDO) by Appointments Committee of the Cabinet.
- He will serve as the Chief in DRDO till August 2022.
- He was appointed as the Chairman and Secretary of the Department of Defence Research & Development Organisation on August 2018.
- DRDO Headquarters: New Delhi
Banking & Finance
2. RBI projected India's growth rate at (-) 4.5% for 2020-21
- RBI has projected India's growth rate at (-) 4.5% for 2020-21 in its annual report.
- RBI showcased global growth rate between (-) 6.0% and (-) 7.6%
- As per the annual report, expected headline inflation will remain elevated in the current quarter, but will ease in the second half of the fiscal year
- The growth is likely to turn positive from January-March quarter 2020-21.
- RBI has suggested the govt to have clear exit strategy towards fiscal rectitude
Defense
3. International Military and Technical Forum 2020 organised in Russia
- International Military and Technical Forum (ARMY 2020) has been inaugurated in Moscow, Russia.
- It is the 6th edition of the forum and is organised by Russian Defence Ministry.
- India Pavilion was also inaugurated at the Forum by Secretary (Defence Production) Raj Kumar and Indian Ambassador DB Venkatesh Verma.
- More than 70 nations joint the event that showcased 730 Russian weapons and equipment
- Army 2020 will be held till 29 August
Summits & Conferences
4. ARIES, Nainital to organise online International Conference in September
- Aryabhatta Research Institute of Observational Sciences (ARIES), Nainital is set to launch International 3-day Conference on ‘Aerosol Air Quality, Climate Change and Impact on Water Resources and Livelihoods in the Greater Himalayas’
- The conference will be held from September 14 to 16.
- It is organised in collaboration with Hemvati Nandan Bahuguna Garhwal University.
- The conference will focus air pollution and its impact on regional and global air quality.
Banking & Finance
5. ICICI bank to use satellite data to assess credit worthiness of farmers
- ICICI Bank has become the first bank of India to make use of satellite data, imagery from Earth observation satellites, to assess credit worthiness of farmers
- Through this, the bank will be able to measure parameters related to the land, irrigation and crop patterns and use it in combination with demographic and financial parameter to make speedy lending decisions for farmers
- This will help the farmers in getting credit easily
- MD & CEO: Sandeep Bakhshi
- HQs: Mumbai
Banking & Finance
6. SBI General Insurance launched ‘Shagun-Gift an insurance’ policy
- SBI General Insurance has rolled out a unique personal accident policy named as ‘Shagun – Gift an Insurance’ under Insurance Regulatory and Development Authority’s Sandbox regulations
- The policy can be gifted to anyone that means it is not necessary for the policy buyer to be the beneficiary of the insurance
- It will provide complete financial protection to the insured person against uncertainties from an accident.
- Tenure: 1 year
- Age Group: 18-65 years
Agreement
7. APEDA signs MoU with AFC India Ltd for the Agri-export policy
- Agricultural and Processed Food Products Export Development Authority (APEDA) has signed MoU with AFC India Ltd and National Cooperative Union of India (NCUI) to utilize expertise in Agri-sector
- APEDA is engaged with State govts for the implementation of agri-export policy.
- States like Maharashtra, UP and Kerala have also finalised the action plan for the implementation of policy.
- APEDA Chairman: Asit Tripathy
Arts & Culture
8. Kerala to host 3rd edition of National Dragonfly Festival
- Kerala is all set to host 3rd edition of dragonfly festival named as ‘Thumbi Mahotsavam 2020’
- The festival will be organised by WWF-India State unit and Society for Odonate Studies (SOS)
- It is a part of national dragonfly festival which is being organised by WWF India, Bombay Natural History Society & Indian Dragonfly Society in association with the National Biodiversity Board, UNEP, UNDP and IUCN
- Official mascot of the festival: ‘Pantalu’
Books & Authors
9. Union Minster releases book titled ‘Gastric Cancer’
- Union Minister, Jitendra Singh has released a book on cancer titled as ‘Gastric Cancer’ edited by noted Oncologist and Padma Shree recipient Ashok K. Vaid.
- The book is released during 3-day virtual conference on Oncology
- It is published by Springer Healthcare education
- The book is being released after the rise in non-communicable diseases specially cancer cases in the nation
- The 3 day conference on Oncology also focused on a shift on non communicable diseases.
State Affairs
10. Uttar Pradesh Govt launches NRI unified portal
- Uttar Pradesh CM Yogi Adityanath has launched am ambitious NRI unified portal.
- This portal will not only help in attracting investment in the state, but will also provide an opportunity for those who want to go abroad.
- It will also prove helpful to overseas Indians and NRIs to get their problems with the local administration or State Government resolved.
- It will also provide a platform for NRIs keen to know about their roots or seeking help from the UP Govt
National Affairs
11. Tata Group is set to launch all-in-one Super app
- Tata Group is all set to launch an all-in-one super app, which will bring together all the all the consumer-facing businesses of the group
- It will be developed by Tata Digital.
- Super app is digital platform that will offer a wide range of services under one umbrella
- It will be like a mall that allows retail space to various brands and shops across businesses and verticals.
- The concept of super app emerged in China and southeast Asia.
Honours & Awards
12. NLCIL awarded with Swachhta Hi Seva 2019 Awards
- NLC India Ltd. (NLCIL) has been recognized as the Government of India's Swachhta Hi Seva 2019 Awards for its valuable contribution for Plastic-free, green campaign and implementation.
- Swachhta Hi Seva programme is an initiative of the Swachch Bharat Mission and was launched in September 2019.
- It has secured 94.33 marks followed by the TPS-1 with 91.77 marks and Mines Sub-Stores with 89.67 marks.
- NLCIL CMD: Rakesh Kumar
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