Current Affairs 28th August 2021| Current Affairs News

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CURRENT AFFAIRS: NATIONAL NEWS

India elected to CA and POC of 27th Universal Postal Union Congress in Abidjan

  • India has been elected to the Council of Administration (CA) at 27th Universal Postal Union (UPU) Congress in Abidjan.
  • India with 134 votes got highest votes in CA elections from South Asia and Oceania region.
  • India was also elected with 106 votes out of 156 countries to the Postal Operations Council (POC) at the 27th UPU Congress in Abidjan.
  • External Affairs Minister Dr S Jaishankar has stated India’s election to the Council of Administration and the Postal Operations Council of Universal Postal Union is noteworthy.
  • They will work with all to strengthen cooperation in the Universal Postal Union.

About Universal Postal Union:

  • The Universal Postal Union, established by the Treaty of Bern of 1874, is a specialized agency of the United Nations that coordinates postal policies among member nations, in addition to the worldwide postal system.
  • Headquarters: Bern, Switzerland

Ministry of Textiles in partnership with NIFT to launches the project ‘INDIAsize’

  • The Ministry of Textiles along with NIFT, Delhi and DesignSmith, launched the India Size project at Select City Mall, Saket. 
  • India Size is the National Sizing Survey of India. 
  • It is a pan India study over a stratified sample of more than 25,000 people that will be used to determine the apparel sizes according to Indian body types.
  • It will standardise the apparel sizes for the Indian fashion market.

Purpose of the Project:

  • India has no size chart.
  • The clothes come in the ‘UK’ and ‘US’ sizes.
  • This often leads to the ill-fitting of clothes.”
  • 14 countries across the globe have their own size charts.
  • UK and US sizes are most widely used by clothing companies.
  • “The survey is being conducted at 6 cities across India, Delhi, Mumbai, Hyderabad, Chennai, Kolkata and Shillong.
  • Due to geographical diversity, we need data from across the country”.

Election Commission organizes 2-day Consultation Workshop – SVEEP

  • The Election Commission’s two-day Systematic Voters’ Education and Electoral Participation SVEEP Consultation Workshop ended.
  • The agenda of the workshop was to review State SVEEP Plans and conduct extensive deliberations on the important aspects of SVEEP for a comprehensive strategy for the forthcoming elections.
  • The Commission also launched the latest issue of the ‘My Vote Matters’– a Quarterly magazine of the Commission, a document on Online Activities for Electoral Literacy Clubs and a song booklet with a compilation of lyrics of motivational SVEEP songs.

About the Workshop:

  • Each voter interacts with the election machinery at two critical stages namely during enrollment and poll day and the two experiences must be very pleasant ones.
  • The field teams should ensure that the enrolment process is seamless and polling experience remains hassle-free for the voters.
  • It is imperative that we evaluate our strategy and current interventions at regular intervals, identify critical gaps and address the challenges to devise deliverable action points.
  • He emphasised that implementation of the strategy at the ground level is important.
  • On the need for a 360-degree SVEEP – Communication Strategy to ensure that voters have access to all election-related information and our SVEEP strategy must be voter-centric and booth centric.

CURRENT AFFAIRS: STATE NEWS

President lays foundation stone of Uttar Pradesh’s first Ayush University in Gorakhpur 

  • President Ram Nath Kovind, who is currently in Uttar Pradesh as part of his four-day visit to the state, will travel to Gorakhpur, the third day of his tour.
  • President Kovind is scheduled to lay the foundation stone of the AYUSH University and inaugurate the Mahayogi Gorakhnath Vishwavidyalaya in the city on the same day.
  • President Kovind, who was in Lucknow on the first two days of his visit, will move on to the temple town of Ayodhya, the last day of his visit to the state.

About the University:

  • The state government plans to spend Rs.815 crore on the construction of AYUSH University, for which it had acquired 52-acre land for the university near Pipri and Tarkulhi villages.
  • The AYUSH University will be run according to the guidelines of the Central Council of Indian Medicine, regarding the establishment of Ayurveda, Unani, homeopathy, yoga, and naturopathy educational institutions in the university.

About Uttar Pradesh:

  • Governor: Anandiben Patel
  • Capital: Lucknow
  • Chief minister: Yogi Adityanath
  • National Parks: Dudhwa National Park.

Union Minister Rajnath Singh inaugurates Army Sports Institute’s stadium in Pune named after Neeraj Chopra

  • Defence Minister Rajnath Singh inaugurated the Army Sports Institute’s stadium in Pune named after Olympic gold medal winner Neeraj Chopra.
  • Subedar Neeraj Chopra has added his name to the list of great sportspersons like Major Dhyan Chand, Capt. Milkha Singh, Col Rajyavardhan S Rathore and Captain Vijay Kumar.
  • Olympians who missed the medal by a close margin, are no less than a medallist.
  • The Government of India is trying to enhance the quality of sports competition and time has come for us to start giving equal importance to all sports, Women of our country are performing brilliantly.

About Maharashtra:

  • Capital: Mumbai
  • Governor: Bhagat Singh Koshyari
  • Chief minister: Uddhav Thackeray
  • National Parks: ChandoliNational Park, Gugamal National Park, Nawegaon National Park, Pench (Jawaharlal Nehru) National Park, Sanjay Gandhi (Borivali) National Park, Tadoba National Park

CURRENT AFFAIRS: BUSINESS NEWS

SEBI banned Kotak Mahindra AMC from launching FMP for 6 months

  • The Securities and Exchange Board of India (Sebi) has banned Kotak Mahindra Asset Management Company from launching fixed maturity plan (FMP) schemes for six months.
  • The action came as Kotak AMC delayed payment of full proceeds to investors of six FMP schemes run by the AMC.
  • Sebi has also imposed a penalty of Rs 50 lakh on the mutual fund, which is to be paid within 45 days.
  • It has also asked the AMC to refund part of the investment management and advisory fees collected from unitholders of six FMP schemes with 15 per cent interest per annum, to be calculated from the date of FMP maturity to the date of actual payment.

About FMP:

  • Fixed maturity plans (FMPs) are a special class of close-ended debt mutual funds that mature after completion of a pre-determined time period.
  • Thus one can make investments in an FMP only during the new fund offer (NFO) period.
  • After completion of the NFO period, no new investments can be made into an FMP scheme.

About SEBI:

  • The Securities and Exchange Board of India is the regulatory body for securities and commodity market in India under the jurisdiction of Ministry of Finance, Government of India.
  • It was established on 12 April 1988 and given Statutory Powers on 30 January 1992 through the SEBI Act, 1992.
  • Headquarters: Mumbai
  • Chair Person: Ajay Tyagi

About Kotak Mahindra AMC:

  • Kotak Mahindra Asset Management Company Limited (KMAMC) is a public limited company registered under the Companies Act, 1956 on August 2, 1994.
  • It provides mutual fund and portfolio management services under SEBI (‘Mutual Funds’) Regulations, 1996 and SEBI (Portfolio Manager) Regulations, 1993.

CURRENT AFFAIRS: BANKING NEWS

Karnataka Bank introduces KBL FASTag for seamless toll deduction

  • Karnataka Bank launched KBL FASTag for seamless movement of vehicles at toll plazas by facilitating automatic deduction of the toll amount.
  • Karnataka Bank launched its KBL FASTag, a pre-loaded payment instrument to facilitate seamless movement of vehicles at the toll plazas across India, in association with NPCI and Worldline, the FASTag processor.
  • “The FASTag facilitates the users with the ease and convenience during transit through the toll plaza by saving time, fuel and money”.
  • Customers can procure FASTag through the bank’s website or by approaching the nearby branch.

About FASTag:

  • A FASTag can be pre-loaded digitally for the required amount and can be recharged online through credit card, debit card, net banking, IMPS, among others.
  • While driving through a toll plaza, the applicable toll amount gets automatically debited through the sensors at the plaza and the driver gets instant SMS alerts for the toll transactions, and balance maintenance.

About Karnataka Bank:

  • Karnataka Bank Limited is India’s twelfth largest private sector bank.
  • It is an ‘A’ Class Scheduled Commercial Bank based in Mangaluru in Karnataka, India.
  • Karnataka Bank Limited has a network of 858 branches, 1 Extension Counter, 1,001 ATMs and 462 e-lobbies/mini e-lobbies across 22 states and 2 union territories.
  • Headquarters: Mangalore
  • CEO: Mahabaleshwara M. S

CURRENT AFFAIRS: APPOINTMENT AND RESIGNATION NEWS

Delhi govt appointed Sonu Sood as brand ambassador for ‘Desh ke Mentors’ Programme

  • Arvind Kejriwal and Sonu Sood, in which Kejriwal, “Sonu Sood has agreed to become the brand ambassador of our ‘Desh Ke Mentors’ programme which will be launched soon.”
  • Sonu Sood has been appointed as the brand ambassador of the Delhi government’s ‘Desh Ke Mentors’ initiative.
  • Aam Aadmi Party (AAP) chief announced that his government would soon come up with “the most progressive” film policy in India that would provide a massive boost to the entertainment industry.

Mansukh Mandaviya appointed as Chairperson of Stop TB Partnership Board

  • Union Minister for Health and Family Welfare Mansukh Mandaviya took over charge as the Chairperson of Stop TB Partnership Board. 
  • The Minister will hold the responsibility with immediate effect until 2024.
  • He will lead the efforts of the Stop TB Partnership Secretariat, partners, and the TB community at large, towards reaching the UN TB targets by 2022, a milestone moment in the effort to end TB by 2030.

About the Stop TB Partnership Board:

  • It was established in 2001 and is mandated to eliminate Tuberculosis as a public health problem.
  • The organization was conceived following the meeting of the First Session of the Ad Hoc Committee on the Tuberculosis Epidemic held in London in March 1998.

Neeraj Bansal quits IRS to join as CEO of Adani Ports-owned Dighi Port 

  • Neeraj Bansal, the former deputy chairman and chairman in-charge of Jawaharlal Nehru Port Trust (JNPT), has quit the Indian Revenue Service (IRS) to join as the chief executive officer of Dighi Port Ltd, a unit of Adani Ports and Special Economic Zone Ltd (APSEZ).
  • Bansal took voluntary retirement from IRS in July ahead of joining the APSEZ unit.

About Dighi Port:

  • Dighi Port Limited (DPL) is setting up an all-weather deep-draft direct berthing port at Dighi (Southern shore) and Agardanda (Northern Shore) of Rajpuri Creek.

Sona Comstar’s Sunjay Kapur is appointed as new ACMA President

  • Auto components industry body ACMA stated it has appointed SONA Comstar Chairman Sunjay J Kapur as its new President for a two-year term.
  • Besides, Subros Chairperson and Managing Director Shradha Suri Marwah has been appointed as the new Vice President for the 2021-23 term,in the Automotive Component Manufacturers Association of India (ACMA).

About ACMA:

  • The Automotive Component Manufacturers Association is an organization representing manufacturers in the Indian auto component industry.
  • It is associated with trade promotion, technology enhancement, quality improvement and gathering of information to help in the development of the industry.
  • With membership of over 800 manufacturers, ACMA contributes more than 85% of the auto component industry’s turnover in the organised sector.

Ramachandra Rao named as acting Chief Justice of Telangana High Court

  • Justice M.S. Ramachandra Rao, the most senior judge in the Telangana High Court, was appointed Acting Chief Justice to perform the duties of the Chief Justice.
  • President Ram Nath Kovind appointed Justice Ramachandra Rao after Chief Justice Hima Kohli relinquished charge following her elevation to the Supreme Court.

About Telangana:

  • Capital: Hyderabad
  • Governor: Tamilisai Soundararajan
  • Chief minister:  Chandrashekar Rao
  • National parks: Kasu Brahmananda Reddy National Park, Mahavir Harina Vanasthali National Parkand Mrugavani National Park

President appointed TN Governor Banwarilal Purohit as to discharge functions of Governor of Punjab

  • President Ram Nath Kovind has appointed Tamil Nadu Governor Banwarilal Purohit, to discharge the functions of the Governor of Punjab, in addition to his own duties from the date he assumes charge of the office of the Governor of Punjab.
  • Mr Kovind also appointed Mr Purohit to be the Administrator of Union Territory of Chandigarh, in addition to his duties as Governor of Punjab.

About Punjab:

  • Capital: Chandigarh
  • Governor:  P. Singh Badnore
  • Chief minister: Captain Amarinder Singh
  • National Parks: Bir Moti Bagh National Park

CURRENT AFFAIRS: AWARDS AND HONOURS

65 schools across Andhra Pradesh bags sports excellence award 

  • Commissioner of School Education Vadrevu Chinaveerabhadrudu and State School Games Secretary G Bhanumurthy have stated School of Sports Excellence awards will be presented to the institutions that fared well in sports in 2019-20 academic year.
  • The awards will be presented on August 29 to mark the occasion of National Sports Day.
  • Presentation ceremonies will be organised in all the district headquarters.
  • 65 schools, five each from every district, have been selected for the awards.
  • Schools in the first place in district-level will be awarded Rs10,000, a memento and certificates.
  • Those in the second spot will be given 8,000.

Odia actor Anant Mahapatra, dancer Kumkum Mohanty bags Kabi Samrat Upendra Bhanja Samman

  • The Odisha Sangeet Natak Akademi under the Odia Language, Literature and Culture Department announced various awards for the year 2019 and 2020.

List Of Awardees for 2019

  • Kabi Samrat Upendra Bhanja Samman: Anant Mahapatra (Acting & Direction)

Akademi Awards:

  • Acting (2 nos.) Nabakishore Acharya, Sakhigopal, Puri & Mamata Mohanty, Bhubaneswar
  • Playwright: Sudhakar Nanda, Bhadrak
  • Direction: Harihar Mishra, Bargarh
  • Theatre Art (Manchakala): Prabhas Chandra Mishra, Bhawanipatna
  • Folk music (Loka Sangeet): Radhashyam Sahusharma, Ganjam
  • Lokabadya: Shankar Pradhan, Balangir
  • Folk Dance (Lokanrutya): Kalucharan Sahu, Bhanjanagar, Ganjam
  • Folk play (Lokanatya): Karna Gouda, Koraput
  • Instrumental music (Anaddha Tala) for Mardala: Jagannath Kuanr, Bhubaneswar
  • Instrumental music (String instrument) for Violin: Kailash Patra, Cuttack
  • Odissi Dance: Ratikanta Mohapatra, Bhubaneswar
  • Odisha vocal music: Chandramani Lenka, Puri
  • Sunanda Samman (Hindusthani Vocal Music): Dr. Raghunath Sahu, Bhubaneswar
  • Sugam Sangeet: Tansen Singh, Bhubaneswar
  • Sarada Prasanna Samman (Gitikabita): Binod Ku Pasayat, Sambalpur

For the year 2020:

  • Kabi Samrat Upendra Bhanja Samman: Kumkum Mohanty, Odissi Dance

Akademi Awards:

  • Acting (2 nos): Sushila Nayar, Bargarh and Bijay Ku Pattnaik, Gangpur, Ganjam
  • Playwright (Natyarachana): Bhaskar Ch Mohapatra, Rourkela
  • Direction: Subodh Pattnaik, Bhubaneswar
  • Stage art (Manchakala): Prabhat Maharana, Bhubaneswar
  • Folk music (Loka Sangeet): Navin Kanhar, Balangir
  • Lokabadya: Kishore Ch. Pradhan, Puri
  • Folk Dance (Lokanrutya): Narayan Maharana, Bhanjanagar, Ganjam
  • Lokanatya: Nirmala Ch Rout, Bhadrak
  • Instrumental music (Ananddha Badya) for Tabla: Sarat Ku Pani, Bhubaneswar
  • Instrumental music (Sushira Badya) for Flute: Nityananda Mohapatra, Kamakhyanagar, Dhenkanal
  • Odissi Dance: Gajendra Panda, Ganjam
  • Odissi Vocal music: Raghunath Mohapatra, Paralakhemundi, Gajapati
  • Sunanda Samman (Hindusthani Vocal music): Bandita Ray, Cuttack
  • Sugam Sangeet: Bibhudhendra Das, Bhubaneswar
  • Sarada Prasanna Samman (Gitikabita): Alekh Padhihari, BhubaneswarAnant Mohapatra (Acting & Direction) and Kumkum Mohanty (Odissi Dance) to receive the Akademi’s highest honour- Kabisamrat Upendra Bhanja Award for 2019 and 2020, respectively.

CURRENT AFFAIRS : SUMMITS & CONFERENCES

Smriti Irani addresses 1st ever G20 ministerial conference on women’s empowerment held in Italy

  • On Aug 26, 2021, The first-ever G20 ministerial conference on Women’s Empowerment, was held at Santa Margherita Ligure, Italy in a hybrid format.
  • On behalf of India, The Union Minister of Women & Child Development, Smriti Irani addressed the meeting.
  • The Conference was chaired by Italian Minister for equal opportunities and family, Elena Bonetti.
  • The discussion was based on two specific areas:
  1. STEM, financial and digital literacy, environment and sustainability
  2. Labour and economic empowerment and work-life balance.
  • Smriti Irani has reaffirmed India’s commitment towards addressing gender and women centric issues through mutual cooperation.

About G20 :

  • Chairman: Mario Draghi
  • Founded: 26 September 1999
  • The G20 is an intergovernmental forum comprising 19 countries and the European Union (EU).

Union Minister Shri Narendra Singh Tomar chairs 11th meeting of Agriculture Ministers of BRICS countries

  • On Aug 27, 2021, Union Minister for Agriculture & Farmers Welfare Shri Narendra Singh Tomar chaired the 11th Meeting of BRICS Agriculture Ministers.
  • Theme : “BRICS Partnership for Strengthening Agro Biodiversity for Food and Nutrition Security”.
  • During the meeting, the Agriculture Minister highlighted the efforts made by India in preserving the agro-biodiversity by establishing and maintaining the National Gene banks for plants, animals, fish, insects and agriculturally important microorganisms at different respective Bureaus.
  • BRICS Agricultural Research Platform has been created to promote cooperation in agricultural research and innovations and its implementation.

Note :

  • United Nations has declared the year 2023 as the International Year of Millets

About BRICS :

  • Headquarters : Shanghai, China
  • BRICS : Brazil, Russia, India, China, South Africa

CURRENT AFFAIRS : DEFENCE NEWS

China, Pakistan, Thailand, Mongolia to hold military exercise

  • The militaries of China, Pakistan, Mongolia and Thailand will take part in a multinational peacekeeping exercise named “Shared Destiny-2021”.
  • The exercise will be held in China in the month of September 2021.

About China :

  • Capital: Beijing
  • President: Xi Jinping
  • Currency: Renminbi

About Pakistan :

  • Currency: Pakistani rupee
  • Capital: Islamabad
  • President: Arif Alvi
  • Prime minister: Imran Khan

About Thailand :

  • Capital: Bangkok
  • Currency: Thai baht

About Mongolia :

  • Capital: Ulaanbaatar
  • Currency: Mongolian tögrög
  • President: Ukhnaagiin Khürelsükh

CURRENT AFFAIRS : BOOKS & AUTHORS

An Invitation to Die: A Colonel Acharya Mystery’ by Tanushree Podder

  • On Aug 25, 2021, A New Book Titled An Invitation to Die: A Colonel Acharya Mystery‘ authored by Tanushree Podder.
  • The Book Published by HarperCollins

About the Book :

  • The Book is the story of murder mystery, investigation by Colonel Acharya

About Tanushree Podder :

  • Tanushree Podder is a well known travel writer and novelist.

CURRENT AFFAIRS : SPORTS NEWS

Indian Grandmaster GM Sethuraman wins Barcelona Open 2021

  • Indian Grandmaster SP Sethuraman won the Barcelona Open chess tournament title in Barcelona, Spain.
  • Sethuraman collected 5 points from nine rounds to emerge winner on the basis of a better tie-break score after Daniil Yuffa of Russia also finished level with the Indian player.
  • He remained unbeaten through the nine rounds, winning six matches and drawing three.
  • Meanwhile, Indian GM Karthikeyan Murali finished third in the tournament.(Murali won six games, drew two & lose 2 matches)
  • Chithambaram took the fifth spot while Arjun Kalyan (6.5 points) ended ninth, followed by Visakh in 10th

About SP Sethuraman :

  • Sethuraman hails from Chennai, TamilNadu.
  • Sethuraman won the 2004 Asian under-12 championship in Singapore and the 2009 world U16 championship in Antalya.
  • In 2014, Sethuraman won the team bronze medal.
  • In 2016 he won the Asian Chess Championship in Tashkent

Sathiyan Gnanasekaran wins ITTF Czech Open title 2021                                            

  • Indian table tennis player Sathiyan Gnanasekaran beat Ukraine’s Yevhen Pryschchepain straight sets 11-9, 11-6, 11-6,14-12  to claim the men’s singles title at the ITTF Czech International Open in Olomouc in Czech Republic held from 21 to 25 aug 2021.
  • This is only his third ITTF Challenger title following triumphs in Belgium Open 2016 and Spanish Open 2017.
  • Earlier, Sathiyan Gnanasekaran had paired up with compatriot Manika Batra to win the mixed doubles title at the WTT Contender in Budapest.

About Sathiyan Gnanasekaran :

  • Sathiyan Gnanasekaran hails from chennai, TamilNadu.
  • He was a member of the Indian team that took the bronze in the 2011 Junior World Championships.
  • He became the first Indian paddler to sign a contract with Okayama Rivets for the Japanese T-league.
  • He ranked at 32 in the world as of April 2020.
  • In 2017, he won gold in the ITTF Challenge – Spanish Open, in Almeria (2017) in the men’s singles category.
  • In April 2018, he won three medals in his debut Commonwealth Games at Gold Coast, Australia.

Awards & Honours :

  • In 2018, he was awarded , Arjuna Award & he was also awarded the TOISA Table Tennis player of the year award 2017.

About ITTF :

  • Headquarters: Lausanne, Switzerland
  • CEO: Steve Dainton
  • Founded: 1926
  • Leader: Thomas Weikert

CURRENT AFFAIRS : OBITUARIES

Popular Kerala chef and film producer Naushad passes away 

  • On Aug 27, 2021, Renowned Kerala chef and film producer Naushad, passed away.
  • He was 55.
  • He was the producer of popular Malayalam films including Mammootty’s Kazhcha, Chattambinadu, Best Actor, Lion, Payyans and Spanish Masala.
  • He hosted several cookery shows on Malayalam television channels & also he became a judge in cooking contests.
  • He produced the critically acclaimed film Kazhcha, with Mammootty in the lead & he won the State Film Award for Best Producer.

Renowned tabla artiste Pt Subhankar Banerjee passes away

  • Renowned Indian classical musician and tabla player Pt Subhankar Banerjee Passes away.
  • He was 54.
  • Banerjee,had done jugalbandi with all legendary classicists from Pt Ravi Shankar, Ustad Amjad Ali Khan to Pt Hariprasad Chaurasia, Pt Shiv Kumar Sharma.
  • He was a recipient of Sangeet Samman and Sangeet Maha Samman by the West Bengal government.

Daily CA On Aug 27 :

  • Every year on 26 August, International Dog Day is celebrated across the world & to encourage people to adopt dogs, instead of buying them from pet stores or shops.
  • In March 2021, the Ministry of Civil Aviation (MoCA) published the UAS Rules, 2021.
  • The Central Government has approved to increase the family pension of bank employees to 30 per cent of last salary drawn.
  • The Niti Aayog and the US-based tech giant Cisco launched the next phase of the Women Entrepreneurship Platform (WEP).
  • Ministry of Education’s innovation cell, All India Council for Technical Education (AICTE) and Bureau of Police Research and Development (BPR&D) has jointly launched the MANTHAN 2021 hackathon, a unique national initiative to identify innovative concepts and technology solutions for addressing the security challenges of the 21st century faced by the intelligence agencies.
  • Scheme for Capacity Building in Textile Sector (SAMARTH) was approved towards addressing the skill gap in textile sector and also to supplement the efforts of textile industry in providing gainful and sustainable employment to the youth.
  • Dubai Courts announced the establishment of a specialised court, focused on combating money laundering, within the Court of First Instance and Court of Appeal.
  • Pakistan received $2.75 billion from the International Monetary Fund (IMF) under a Special Drawing Rights (SDR) programme to support low-income countries hit by the corona virus.
  • Karnataka has become the first state in the country to officially implement the National Education Policy.
  • Tourism Minister G Kishan Reddy inaugurated a mega-tourism event “Ladakh: New Start, New Goals” in Leh virtually from Delhi.
  • Yahoo has shut down its news websites in India due to the new foreign direct investment rules that limit foreign ownership of digital content platforms in the country.
  • The Reserve Bank of India has extended the scope of permitted devices for undertaking tokenised card transactions to include consumer devices such as laptops, desktops, wearables (wrist watches, bands, etc.), and Internet of Things (IoT) devices.
  • The Reserve Bank extended the scheme for encouraging deployment of Point of Sale (PoS) infrastructure to street vendors covered under the PM SVANidhi programme in tier 1 and 2 centres.
  • DBS Bank India Limited (DBIL), the wholly-owned subsidiary of DBS Bank of Singapore, is preparing to enter the country’s credit card market this year in a bid to grow the high-margin unsecured loan portfolio.
  • Walmart-backed digital payments firm PhonePe’s subsidiary, PhonePe Account Aggregator Pvt Ltd, has got an in-principle approval from the Reserve Bank of India (RBI) to operate as an account aggregator.
  • HSBC India stated the Reserve Bank of India (RBI) has approved the appointment of Hitendra Dave as the country head for three years, effective August 24.
  • The Reserve Bank of India stated Ajay Kumar has been appointed as Executive Director (ED), who will look after the departments of currency management, foreign exchange, and premises.
  • The Appointments Committee of the Cabinet (ACC) has accepted the proposal of the Department of Financial Services (DFS) to extend the tenure of three managing directors and chief executive officers (MDs and CEOs) and ten executive directors (EDs) of public sector banks.
  • Coal India subsidiary Central Coalfields Ltd stated its director technical Bhola Singh has been chosen because the chief of NCL. Singh, an IIT-Kharagpur alumnus, has been chosen because the chairman and managing director of Northern Coalfields Ltd.
  • Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman unveiled the fourth edition of the Public Sector Bank (PSB) Reforms Agenda ‘EASE 4.0’ for 2021-22 – tech-enabled, simplified, and collaborative banking.
  • Indian men’s hockey team defender and drag-flicker Amit Rohidas has been awarded the prestigious Biju Patnaik Sports Award for outstanding performance in Sports & Games by the Odisha government.
  • In one of the major connectivity initiatives abroad, India will commence the Greater Male Connectivity Project (GMCP) — the largest-ever infrastructure project — in the Maldives.
  • The India Pavilion at the International Military Technical Forum – ARMY 2021 has been organised in Moscow, Russia from August 22 to 28, 2021, at Patriot Expo, Kubinka Air Base and Alabino military training grounds.
  • Ace investor Rakesh Jhunjhunwala has picked 2,88,50,000 shares or59 percent minority stakes in Canara Bank via the qualified institutions placement (QIP).
  • On Aug 26, 2021, Minister for Labour and Employment, Shri Bhupender Yadav launched e-Shram Portal-National Database for Unorganised Workers.
  • On Aug 24, 2021, Pakistan successfully test fired the indigenously developed guided multi-launch rocket system Fatah-1, capable of precisely delivering conventional warheads deep into enemy territory.
  • NITI Aayog, released the first edition of the North-Eastern Region District Sustainable Development Goals (SDGs) Index and Dashboard 2021–22 & East Sikkim with a score of 75.87 has topped the NER District SDG Index 2021-22 followed by Gomati, North Tripura (score 75.73) & West Tripura amongst 103 districts in the ranking.
  • On Aug 26, 2021, Former Union Minister, Shri K J Alphons presented his book ‘Accelerating India: 7 Years of Modi Government’ to the Prime Minister, Shri Narendra Modi.
  • The 17-year old Indian Grandmaster Arjun Erigaisi II Terras de Trás-os-Montes Chess Open in Bragança Portugal.
  • On Aug 25, 2021, Noted agricultural scientist and recipient of Padma Shri award, V. Nimbkar Passed away.
  • Former England Test captain Ted Dexter passed away

Daily CA On Aug 28 :

  • India has been elected to the Council of Administration (CA) at 27th Universal Postal Union (UPU) Congress in Abidjan.
  • The Ministry of Textiles along with NIFT, Delhi and DesignSmith, launched the India Size project at Select City Mall, Saket. 
  • The Election Commission’s two-day Systematic Voters’ Education and Electoral Participation SVEEP Consultation Workshop ended.
  • President Ram Nath Kovind, who is currently in Uttar Pradesh as part of his four-day visit to the state, will travel to Gorakhpur, the third day of his tour.
  • Defence Minister Rajnath Singh inaugurated the Army Sports Institute’s stadium in Pune named after Olympic gold medal winner Neeraj Chopra.
  • The Securities and Exchange Board of India (Sebi) has banned Kotak Mahindra Asset Management Company from launching fixed maturity plan (FMP) schemes for six months.
  • Karnataka Bank launched KBL FASTag for seamless movement of vehicles at toll plazas by facilitating automatic deduction of the toll amount.
  • Arvind Kejriwal and Sonu Sood, in which Kejriwal, “Sonu Sood has agreed to become the brand ambassador of our ‘Desh Ke Mentors’ programme which will be launched soon.”
  • Union Minister for Health and Family Welfare Mansukh Mandaviya took over charge as the Chairperson of Stop TB Partnership Board. 
  • Neeraj Bansal, the former deputy chairman and chairman in-charge of Jawaharlal Nehru Port Trust (JNPT), has quit the Indian Revenue Service (IRS) to join as the chief executive officer of Dighi Port Ltd, a unit of Adani Ports and Special Economic Zone Ltd (APSEZ).
  • Auto components industry body ACMA stated it has appointed SONA Comstar Chairman Sunjay J Kapur as its new President for a two-year term.
  • Justice M.S. Ramachandra Rao, the most senior judge in the Telangana High Court, was appointed Acting Chief Justice to perform the duties of the Chief Justice.
  • President Ram Nath Kovind has appointed Tamil Nadu Governor Banwarilal Purohit, to discharge the functions of the Governor of Punjab, in addition to his own duties from the date he assumes charge of the office of the Governor of Punjab.
  • Commissioner of School Education Vadrevu Chinaveerabhadrudu and State School Games Secretary G Bhanumurthy have stated School of Sports Excellence awards will be presented to the institutions that fared well in sports in 2019-20 academic year.
  • The Odisha Sangeet Natak Akademi under the Odia Language, Literature and Culture Department announced various awards for the year 2019 and 2020.
  • On Aug 26, 2021, The first-ever G20 ministerial conference on Women’s Empowerment, was held at Santa Margherita Ligure, Italy in a hybrid format & On behalf of India, The Union Minister of Women & Child Development, Smriti Irani addressed the meeting.
  • On Aug 27, 2021, Union Minister for Agriculture & Farmers Welfare Shri Narendra Singh Tomar chaired the 11th Meeting of BRICS Agriculture Ministers & Theme : “BRICS Partnership for Strengthening Agro Biodiversity for Food and Nutrition Security”.
  • The militaries of China, Pakistan, Mongolia and Thailand will take part in a multinational peacekeeping exercise named “Shared Destiny-2021”.
  • On Aug 25, 2021, A New Book Titled An Invitation to Die: A Colonel Acharya Mystery‘ authored by Tanushree Podder.
  • Indian Grandmaster SP Sethuraman won the Barcelona Open chess tournament title in Barcelona, Spain.
  • Indian table tennis player Sathiyan Gnanasekaran beat Ukraine’s Yevhen Pryschchepain straight sets 11-9, 11-6, 11-6,14-12  to claim the men’s singles title at the ITTF Czech International Open in Olomouc in Czech Republic held from 21 to 25 aug 2021.
  • On Aug 27, 2021, Renowned Kerala chef and film producer Naushad, passed away.
  • Renowned Indian classical musician and tabla player Pt Subhankar Banerjee Passes away.

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