Current Affairs September 03rd 2022| Current Affairs News

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CURRENT AFFAIRS: IMPORTANT DAYS

3rd September – Skyscraper Day:

• Every year, September 3 is observed as National Skyscraper Day 2022.
• Across the globe, skyscrapers have defined people’s vivid imagination and creativity.
• A skyscraper is a tall habitable building with multiple floors.
• These high-rise buildings are around 100 meters or 150 meters in height.

HISTORY:

• National Skyscrapers Day is celebrated every year on September 3, on the birth anniversary of Louis H. Sullivan, often called the ‘father of modern skyscrapers.
• This name was coined in the 1880s for the high-rise buildings of the United States.
• Sullivan is known as the ‘father of modern skyscrapers’ as he was the chief architect behind famous buildings such as the Wainwright Building, the Bayard-Condict Building, the Krause Music Store, and more.
• As per guinnessworldrecords.com, the world’s first skyscraper came up in Chicago in 1885.
• It’s a 10-story building, with its peak at 138 feet.
• It was called the ‘Home Insurance Building’.

CURRENT AFFAIRS: NATIONAL NEWS

Ministry of Women and Child Development is celebrating the 5th Rashtriya Poshan Maah 2022:

• Ministry of Women and Child Development is celebrating the 5th Rashtriya Poshan Maah 2022 across the nation from 1st September to 30th September.
• This year, the objective of the Poshan Maah is to trigger Poshan Maah through Gram Panchayats as Poshan Panchayats with a key focus on “Mahila aur Swasthya” and “Bacha aur Shiksha”.
• Rashtriya Poshan Maah serves as a platform to bring focus to the discourse of nutrition and good health.
• In the 5th Rashtriya Poshan Maah, the aim is to convert Jan Andolan into Jan Bhagidari to fulfill the Prime Minister’s vision of a Suposhit Bharat.
• Correspondent reports that the Prime Minister’s Overarching Scheme for Holistic Nutrition- POSHAN Abhiyaan is the Government of India’s flagship program to improve nutritional outcomes for children under six years of age, adolescent Girls, pregnant women, and lactating mothers.
• Prime Minister Narendra Modi launched the program from Jhunjhunu in Rajasthan on 8 March 2018.
• Focusing on the aims of POSHAN Abhiyaan, the government has launched Mission Poshan 2.0 as an integrated nutrition support program.
• During the Poshan Maah, intensive activities across the country will be organized for creating awareness about nutrition with a special focus on pregnant and lactating women, children below six years, and adolescent girls to realize the vision of ‘Swasth Bharat’.
• Under the State level activities, ‘Amma ki Rasoi’ or Grandmother’s Kitchen of traditional nutritious recipes will be organized.

Coal Ministry has aimed to enhance coal production to 1.23 billion tonnes by 2024-25:

• The Coal Ministry has aimed to enhance coal production to 1.23 billion tonnes by 2024-25 to ensure the energy security of the country.
• To support the vision, Coal India Limited has adopted an integrated planning approach by strengthening evacuation infrastructure for one billion tonnes of production and seamless transportation of coal to the end users.
• North Karanpura Coalfield is a major coalfield in Jharkhand, falling within the command of Central Coalfields Limited (CCL) having a coal resource of about 19 billion tonnes.
• CCL has a projected production contribution of about 135 million tonnes by 2025, out of which about 85 million tonnes are likely to be produced from North Karanpura Coalfield.
• Tori – Shivpur double railway line has been created by CCL, which will provide up to 125 Million Ton coal evacuation capacity.
• The development of the third line on the same alignment is under construction at an additional capital of 894 crore rupees, which is likely to be operationalized by May next year.

CURRENT AFFAIRS: STATE NEWS

WRI India & AEDA launches online geospatial platform in Guwahati, Assam

• The World Resources Institute (WRI) India in collaboration with the Assam Energy Development Agency (AEDA) launched an online, open-source, and interactive geospatial platform called the Energy Access Explorer (EAE) for

About EAE :

• The platform will help visualize the extent of energy access in Assam’s health education and livelihood infrastructure.
• It claims to assist policy-makers, renewable energy industry entrepreneurs, investors, and researchers from the development sector to make integrated and impactful decisions to expand energy access in Assam.
• The GoI’s Revamped Distribution Sector Scheme (RDSS) attempts to provide quality and reliable power for both rural and urban areas.
• While Assam has made great strides in electricity provisioning to homes in the past decade, 7% of health sub-centers and 41% of schools in rural Assam lack access to reliable and sustainable power.

About WRI India :

• CEO: Om Prakash Agarwal

About AEDA :

• Headquarters: Guwahati, Assam
• Director: Mrinal Krishna Chaudhury

About Assam :

• Governor : Jagdish Mukhi
• Chief Minister : Himanta Biswa Sarma
• Capital: Dispur

Rajasthan govt launches ‘Mahila Nidhi’ to help women entrepreneurs

• Rajasthan Chief Minister Shri Ashok Gehlot launched ‘Mahila Nidhi’, a loan scheme for the social and economic development of women through loans.
• The Scheme was launched on the occasion of Women’s Equality Day on Aug 26, 2022.
• Rajasthan is the second state in India after Telangana, where Mahila Nidhi has been established.

About ‘Mahila Nidhi’ :

• Under the program, loans up to 40, 000 will be put in the group’s members’ bank accounts within 48 hours, & loans over Rs.40,000 would be deposited in their accounts within 15 days.
• In 33 districts, 2.70 lakh self-help groups have currently been established, and 30 lakh families are interconnected.
• 50,000 self-help groups emerged in 2022–2023, serving around 6 lakh families.
• In the budget 2022-23, the government will establish ‘Mahila Nidhi’ through Rajasthan Rural Livelihood Development Council.
• It has been established to help women’s self-help groups get loans from banks, increase the income of poor and marginal women, and social and economic progress of women through skill development.
• A total of 36 lakh families in Rajasthan will get benefits from Rajasthan Mahila Nidhi in a phased manner.

About Rajasthan :

• Governor: Kalraj Mishra
• Chief minister: Ashok Gehlot
• Capital: Jaipur

Delhi airport launches beta version of DigiYatra app for Android platform

• The Delhi International Airport Limited (DIAL) has launched a beta version of the ‘DIGI YATRA’ app for the Android platform.

Aim :

• To provide a paperless and seamless travel experience to the passengers.
• The Delhi Airport is among the first airports to introduce this system in India.
• DIAL had installed the required facility at Terminal 3 of Delhi Airport and already conducted its trials.

About ‘DigiYatra’ :

• The ‘DigiYatra’ is a Biometric Enabled Seamless Travel experience (BEST) based on Facial Recognition Technology. 
• The app will use facial features to establish a traveler’s identity, which will be linked to the boarding pass.
• The app has been rolled out under the Digi Yatra Central Ecosystem (DYCE), formed by the Digi Yatra Foundation (DYF) set up as a JV in 2019.
• While the 5 airports hold a 74% share in DYF, the Airports Authority of India (AAI) holds a 26% share in DYF.
• The DIGI YATRA project will also be rolled out at Pune, Vijayawada, Kolkata, and Hyderabad airports by March 2023.

About Delhi :

• Governor: Vinai Kumar Saxena
• Chief Minister : Arvind Kejriwal
• Capital: New Delhi

Meghalaya CM launches ‘Rural Backyard Piggery Scheme’ for the welfare of farmers

• Meghalaya Chief Minister Shri Conrad K Sangma launched the “Rural Backyard Piggery Scheme” launched under National Livestock Mission at Byrnihat in Ri-Bhoi district, Meghalaya.
• The scheme was launched in Samanda block in East Garo Hills district, Meghalaya.

Aim : 

• To ensure that the farmers earn a sustainable livelihood through different livestock farming activities.

About Rural Backyard Piggery Scheme :

• Under this scheme 4 piglets, 3 female and 1 male piglet will be distributed to farmers to promote pig breeding to provide regular income to farmers.
• This livestock package is worth Rs 25,000 per beneficiary.
• It is envisaged to benefit 6000 poor and marginal farmers and also increase pork production in Meghalaya.

Financial Structure :

• Under phase 1 of the scheme, the government has earmarked Rs 15.18 crore under which 4 high-yielding improved varieties will be distributed to 6000 families.
• Under the 2nd phase of the program, additional Rs 25 crore will be earmarked to roll out.
• To make the state self-sufficient in pork, the government is implementing one of the largest piggery development programs, the ‘Meghalaya Piggery Mission’.
• Under this mission, zero interest loan is provided for setting up fattening and pig breeding.
• So far 250 piggery cooperative societies have availed loans amounting to Rs 43.67 crore.
• He informed that Meghalaya acquires 18,000 MT of pork from different States and there is a huge shortfall in supply and demand, through the piggery scheme the state envisions addressing the shortage of pork supply.

About Meghalaya :

• Governor: Satya Pal Malik
• Chief minister: Conrad Sangma
• Capital: Shillong

CURRENT AFFAIRS: BANKING & FINANCE

Muthoot FinCorp ties up with IME India for money transfer service to Nepal

• Muthoot FinCorp Ltd, the flagship company of Muthoot Pappachan Group (also known as Muthoot Blue), has tied up with IME India Pvt Ltd (Erstwhile IME Forex India Private Limited) to expand its money remittance services between Indo Nepal Corridor.
• Muthoot FinCorp has been assisting the Nepali community in India in remitting money through their existing partner – Prabhu Money Transfer Pvt Ltd.

Key Highlights :

• Nepali migrants can now transfer money instantly from 3600+ branches of Muthoot FinCorp Ltd to their families in Nepal without opening any bank account in India.

Banking partners :

• IDFC First Bank, India, and Global IME Bank Ltd., Nepal are the banking partners to facilitate Indo-Nepal remittance service.
• It is estimated that about 15% of the total remittance received by Nepal is from India.
• IME India has been in the Indo-Nepal remittance business since 2020 and reaching out to the Nepalese migrant population spread across India.
• This facility is expected to benefit 5 million Nepalese migrants.

About Muthoot FinCorp Ltd :

• Founded: 1887
• Headquarters: Thiruvananthapuram, Kerala
• CEO: Shaji Varghese
• Chairman & Managing Director: Thomas John Muthoot

About IME India Pvt Ltd :

• CEO: Goutam Naithani

CURRENT AFFAIRS: BUSINESS NEWS

In September GST rises 28 pc in August to Rs 1,43,612 crore:

• GST mop-up rises 28 pc in Aug to Rs 1.43 lakh cr Collections from Goods and Services Tax (GST) rose 28 percent to Rs 1.43 lakh crore in August, the Finance Ministry.
• GST collection has remained over the Rs 1.4-lakh-crore mark for the sixth straight month in August.
• Better reporting coupled with economic recovery has been having a positive impact on the GST revenues consistently
• The gross GST revenue collected in August 2022 stood at Rs 1,43,612 crore of which Central GST is Rs 24,710 crore, State GST is Rs 30,951 crore, Integrated GST is Rs 77,782 crore (including Rs 42,067 crore collected on import of goods), and cess is Rs 10,168 crore (including Rs 1,018 crore collected on import of goods), the ministry said.
• The revenues for August 2022, registered a 28 percent increase from the GST revenues of Rs 1,12,020 crore collected in August 2021.

CURRENT AFFAIRS: MOUS AND AGREEMENT

CERT-In in collaboration with the Cyber Security Agency of Singapore:

• Indian Computer Emergency Response Team (CERT-In) under the Ministry of Electronics and IT, in collaboration with the Cyber Security Agency of Singapore, successfully designed and conducted the Cyber Security Exercise “Synergy” for 13 Countries
• It was a part of the International Counter Ransomware Initiative- Resilience Working Group.
• The Group is being led by India under the leadership of the National Security Council Secretariat.
• The theme of the exercise was “Building Network Resiliency to counter Ransomware Attacks”.
• The exercise scenario was derived from real-life cyber incidents, in which a domestic-level (limited impact) ransomware incident escalates to a global cyber security crisis.
• The Exercise “Synergy” was hosted by CERT-In on its exercise simulation platform. Each State participated as a National Crisis Management Team composition from different government agencies.
• The specific objective of the exercise was to Assess, Share and Improve strategies and practices among Member-States to build network resiliency against ransomware & cyber extortion attacks.

About Indian-Computer Emergency Response Team (CERT-In):

• It is an office under the Ministry of Electronics and Information Technology.
• It is the nodal agency to deal with cyber security threats like hacking and phishing.
• It was established on 19 January 2004.
• Its headquarters is located in New Delhi.

POSCO signed an MoU with ZeroC to make green hydrogen and to jointly pursue opportunities in renewables:

• Global steelmaker POSCO signed a memorandum of understanding (MoU) with ZeroC, a subsidiary of renewable energy company Greenko to make green hydrogen, and to jointly pursue opportunities in renewables, and other derivatives of green hydrogen.
• That this MoU will contribute toward the mission of making India a green hydrogen hub.
• Under a memorandum of understanding signed at a trade fair on the northwestern outskirts of Seoul, POSCO Holdings and Greenko will carry out a feasibility study on green hydrogen production after discovering a proper site by the end of 2022.
• Greenko, which is majority owned by Singapore’s sovereign wealth fund GIC, runs about 5 gigawatts capacity of renewable energy facilities in India
• In April this year, Greenko Group and Belgium’s John Cockerill finalized the terms of a 50:50 joint venture to set up two alkaline electrolyzer factories of a gigawatt each in India over the next 12 to 18 months to make the lowest cost hydrogen in the country for industrial users.

BEL signed an MoU with Smiths Detection, for offering advanced, high-energy scanning systems to the Indian market:

• Bharat Electronics Limited (BEL), a public sector undertaking announced the signing of a memorandum of understanding (MoU) with Smiths Detection, a threat detection, and security inspection technologies company, to offer advanced, high-energy scanning systems to the Indian market.
• BEL will handle front-end requirements in the market, supporting the localization of projects.
• Smiths Detection will provide its expertise and screening technology for the project.
• The MoU is for five years and can be extended further by mutual consent.
• To facilitate the ease of doing business and enhance safety, the Indian government is investing in port and land border security.
• Also, the requirement for high-energy scanning technology is being driven by defense installations, which screen large volumes of vehicles and impose restricted entry to sensitive areas.

About BEL:

• Bharat Electronics Limited is an Indian Government-owned aerospace and defense electronics company.
• Headquarters: Bengaluru
• Founded: 1954.

Tata Steel and Punjab govt inked an MoU to establish a steel facility in Ludhiana:

• Punjab Government and Tata Steel sign an MoU of 0.75 million tonnes per year (MnTPA) long products steel factory with an electric arc furnace (EAF) fuelled by scrap will be built by the Tata Steel Company and the Punjabi government.
• Tata Steel decided to construct the brand-new facility at Kadiana Khurd in the Hitech Valley of Ludhiana as part of its commitment to promoting a circular economy and moving to the production of low-carbon steel by recycling steel.
• According to the company, its objective of has Net Zero carbon emissions by 2045.
• Tata Steel’s flagship retail brand, “Tata Tiscon,” would be produced by the cutting-edge EAF-based steel mill, allowing the corporation to significantly expand its market share.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

Shri MV Iyer appointed as an additional charge of CMD Gail

• Shri MV Iyer has been given additional charge as the Chairman and Managing Director (CMD) of State-run GAIL (India) Limited.
• He has been appointed to the post for three months with effect from September 1, 2022
• His appointment comes after former CMD Shri Manoj Jain superannuated from the services of GAIL.

About Shri MV Iyer :

• Shri Iyer is Director of the GAIL’s new Joint venture company Indradhanush Gas Grid Limited (IGGL) for the implementation of the North East Gas Grid.
• He had worked as Executive Director (Projects) with the GAIL.
• Currently, he is working as  Director (Business Development), Additional Charge of Director (Marketing)  of GAIL (India) Limited.

About GAIL (India) Limited :

• Founded: 1984
• Headquarters: New Delhi, Delhi, India
• GAIL (India) Limited is a government-owned natural gas explorer and producer responsible for natural gas processing and distribution in India.
• Its operations are overseen by the Ministry of Petroleum and Natural Gas.

Kriti Sanon becomes first brand ambassador for Heads up for Tails

• Pet-care brand Heads Up For Tails (HUFT) has announced Bollywood actor, a passionate animal lover  Kriti Sanon as their first brand ambassador.

About HUFT :

• Founded: 2008
• Headquarters: Gurgaon, Haryana
• Founder: Rashi Narang

Aim :

• To help remove hunger and provide health, safety, and shelter for street animals.

Starbucks appoints Indian-origin executive Mr. Laxman Narasimhan as CEO

• The world’s biggest coffee chain, Starbucks has appointed Mr. Laxman Narasimhan as the next chief executive officer (CEO) and a member of the Starbucks Board of Directors.
• He will replace its long-time head, Mr. Howard Schultz.
• Mr. Narasimhan will be joining the company on October 1, 2022, &  will completely take over the helm in April 2023.
• Mr. Howard Schultz will continue as interim CEO until April 1, 2023.

About Mr Laxman Narasimhan :

• Laxman Narasimhan was born on 15 April 1967 in Pune, Maharashtra, India.
• He was the Chief Commercial officer (CEO) of PepsiCo.
• He is an Indian-American business executive who was the Chief Executive Officer(CEO) of Reckitt Benckiser, a multinational consumer health, hygiene, and nutrition company.
• He is the trustee of the Brookings Institution and a member of the Council on Foreign Relations. 
• He has served as a member of the UK Prime Minister’s Build Back Better Council and is a member of Verizon’s Board of Directors. 

About Starbucks :

• Founded: March 30, 1971
• Headquarters: Seattle, Washington, United States
• Chairperson: Mellody Hobson

Government appoints Mr. Rajesh Kumar Srivastava as interim chairman of ONGC

• India’s top oil and gas producer, Oil and Natural Gas Corporation Ltd (ONGC) appointed Rajesh Kumar Srivastava as an additional charge of Chairman and Managing Director (CMD) for a period of 4 months with effect from September 1, 2022, to December 31, 2022.
• Srivastava succeeds Alka Mittal who superannuated on Aug 31, 2022.
• He is the third interim chief of ONGC.

Other Appointments :

• Subhash Kumar, the then senior-most director on the ONGC board & the director for finance, was named officiating head after Mr. Shashi Shanker superannuated on March 31, 2021.
• After the retirement of Mr. Kumar on December 31, 2021, Alka Mittal, Director for Human Resources, was given the additional charge.

About Mr Rajesh Kumar Srivastava :

• Srivastava joined ONGC as Geologist in 1984 at Krishna Godavari Basin, Rajahmundry, Andhra Pradesh.
• He played a key role in the formulation of ‘Hydrocarbon vision-2030 for North East India’ driven by the Ministry of Petroleum and Natural Gas.

Awards & Honors :

• He was honored with the National Mineral Award in

About ONGC :

• Founded: 14 August 1956
• Headquarters: New Delhi, Delhi, India
• ONGC is without a regular chairman and managing director since April 2021.

CURRENT AFFAIRS: ACQUISITIONS & MERGERS

CCI approves acquisition of shares in Olam Agri Holdings Pte. Ltd. by SALIC International Investment Company

• The Competition Commission of India (CCI) approves the acquisition of 35.43% stake shares in Olam Agri Holdings Pte. Ltd. (Olam Agri / Target) by SALIC International Investment Company (SIIC / Acquirer).

About SIIC :

• SIIC is an unlisted limited liability company based in Riyadh, Kingdom of Saudi Arabia.
• It is fully owned and controlled by Saudi Agricultural and Livestock Investment Corporation (SALIC). 
• SALIC is a Saudi Arabian investment company, active in the agricultural and food industries with investments both in Saudi Arabia and other countries.

About Olam Agri : 

• Olam Agri is a company incorporated and headquartered in Singapore and operates as a merchant and processor of agricultural goods.
• Olam Agri, both directly and indirectly, undertakes the sale of various agri-commodities, including rice in India, both at the wholesale and retail levels.

CCI Approves Acquisition of 7.49% Stake In Aditya Birla Fashion & Retail Limited

• The Competition Commission of India (CCI) approves the acquisition of approximately 7.49% shareholding in Aditya Birla Fashion and Retail Limited on a fully diluted basis by Caladium Investment Pte. Ltd(GIC Investor) by way of preferential issues of equity and warrants.
• Caladium Investment Pte. Ltd. (Acquirer/GIC Investor) is wholly owned by Lathe Investment Private Limited, an entity that is in turn wholly owned by GIC (Ventures) Private Limited (GIC Ventures). 
• The GIC Investor is a special purpose vehicle organized as a private limited company in Singapore that is part of a group of investment holding companies managed by GIC Special Investments Private Limited (GICSI).
• Aditya Birla Fashion and Retail Limited (Target/ABFRL) is a publicly listed company that along with its subsidiaries is engaged in the manufacture and retailing of branded apparel, footwear, and accessories (AFA).

About CCI :

• Established: 14 October 2003
• Headquarters: New Delhi, Delhi, India
• Chairman: Ashok Kumar Gupta
• Secretary : P K Singh
• CCI is the chief national competition regulator in India.

CURRENT AFFAIRS: DEFENCE NEWS

Indian Army joins elite list set to possess quantum communication technology

• The Indian Army is set to possess advanced quantum communication technology, thereby joining an elite list of nations with indigenous quantum technology.
• It will equip troops with a high-end secured defense system.
• With the support of Innovation for Defence Excellence (iDEX), and Defence Innovation Organisation, the QNu Labs which is a Bangalore-based deep tech start-up has innovated advanced secured communication through Quantum Key Distribution (QKD).
• The leading countries in the QKD systems are China, the US, Canada, and other European countries.

About the QKD system :

• A QKD system allows the creation of a quantum-secure secret pair of symmetric keys between 2 endpoints, separated by a certain distance [in this case, over 150 km] in terrestrial optical fiber infrastructure. 
• The QKD helps create a non-hackable quantum channel for creating un-hackable encryption keys, which are used to encrypt critical data/voice/video, across the endpoints.
• The Indian Army has initiated the procurement process of QNu Labs’ developed QKD systems by issuing a commercial Request For Proposal (RFP).

About the Indian Army :

• Founded: 26 January 1950
• Headquarters: New Delhi, Delhi, India
• Chief of the Army Staff: General Manoj Pande

About QNu Labs :

• Founded: 2016
• Headquarters: Bengaluru, Karnataka, India
• CEO: Sunil Gupta
• QNu Labs (or QuNu Labs Private Limited) is a cybersecurity company.

It is credited to be the first firm in India to successfully develop commercial cybersecurity products using quantum physics.

CURRENT AFFAIRS: SPORTS NEWS

Former Leg Spinner Rahul Sharma Announced Retirement:

• Rahul Sharma, an Indian spinner, has declared his retirement from both local and international cricket.
• The tall leg-spinner first gained attention in 2011 when he played for Pune Warriors in the IPL.
• Under Virendra Sehwag’s captaincy, Rahul Sharma made his ODI debut against the West Indies in 2011.
• He played his first T20 match in 2012 against Australia while MS Dhoni served as captain.
• He participated in his final series on the Sri Lanka trip later that year.
• Rahul Sharma is born on 20th July 1987.
• He is an Indian cricketer and primarily a right-handed legbreaker and googly bowler.

New Zealand’s Colin de Grandhomme retires from international cricket:

• Colin de Grandhomme, an all-rounder for New Zealand, has announced his retirement from international cricket.
• After speaking with the nation’s cricket body, the 36-year-old player made his decision, and as a result, he has been freed from his central contract.
• He made a memorable 47-ball 60 in a thrilling victory chase against South Africa at the 2019 ICC Cricket World Cup, hit 64 against Pakistan, and bowled wonderfully against England in the championship match, taking one for 25 from his 10 overs.

CURRENT AFFAIRS: BOOKS AND AUTHOR

A book titled “Science Behind Surya Namaskar” unveiled by Dr. Kalubhai:

• The book “Science Behind Surya Namaskar,” written by Dr. Munjpara Mahendrabhai Kalubhai, Minister of State for AYUSH, is a compilation of empirical studies on one of the most popular yoga asanas at the AIIA.
• The department of Swasthavritta and Yoga at the All-India Institute of Ayurveda (AIIA) put together the book.
• The book was launched at the AIIA from August 22–27, 2022, as part of the Continuing Medical Education (CME) Programme 2022, which was put on by the departments of Swasthavritta, Panchakarma, and Darvyaguna in collaboration with the Rashtriya Ayurveda Vidyapeeth (RAV), New Delhi.
• The book is a compilation of studies with empirical support on one of the most popular yoga asanas at the AIIA.
• Kalubhai also kicked off an e-rickshaw and a public ambulance for AIIA in addition to opening the new Panchakarma Room in the Hospital building.

CURRENT AFFAIRS: OBITUARIES

Former Soviet president Mikhail Gorbachev Passes away

• A Russian and Soviet politician who served as the last leader of the Soviet Union Mikhail Gorbachev Passed away at the age of 91 in Moscow, Russia.

About Mikhail Gorbachev :

• Gorbachev was born on 2 March 1931 in Stavropol territory, Russia.
• He served as Chairman of the Presidium of the Supreme Soviet from 1988 to 1989 & Chairman of the Supreme Soviet from 1989 to 1990.
• He became the General Secretary of the Communist Party of the Soviet Union from 1985 to
• He served as the President of the Soviet Union from 1990 until the country’s dissolution in 1991.
• After resigning from the presidency, he launched the Gorbachev Foundation, became a vocal critic of Russian presidents Boris Yeltsin and Mr. Vladimir Putin, and campaigned for Russia’s social-democratic movement.

Awards & Honors :

• Gorbachev was awarded the Nobel Peace Prize in 1990 for his role in ending the Cold War & for the leading role he played in the radical changes in East-West relations.

Daily CA on September 3:

• Every year, September 3 is observed as National Skyscraper Day 2022.
• Ministry of Women and Child Development is celebrating the 5th Rashtriya Poshan Maah 2022 across the nation from 1st September to 30th September.
• The Coal Ministry has aimed to enhance coal production to 1.23 billion tonnes by 2024-25 to ensure the energy security of the country.
• GST mop-up rises 28 pc in Aug to Rs 1.43 lakh cr Collections from Goods and Services Tax (GST) rose 28 percent to Rs 1.43 lakh crore in August, the Finance Ministry.
• Indian Computer Emergency Response Team (CERT-In) under the Ministry of Electronics and IT, in collaboration with the Cyber Security Agency of Singapore, successfully designed and conducted the Cyber Security Exercise “Synergy” for 13 Countries
• Global steelmaker POSCO signed a memorandum of understanding (MoU) with ZeroC, a subsidiary of renewable energy company Greenko to make green hydrogen, and to jointly pursue opportunities in renewables, and other derivatives of green hydrogen.
• Bharat Electronics Limited (BEL), a public sector undertaking announced the signing of a memorandum of understanding (MoU) with Smiths Detection, a threat detection, and security inspection technologies company, to offer advanced, high-energy scanning systems to the Indian market.
• Punjab Government and Tata Steel sign an MoU of 0.75 million tonnes per year (MnTPA) long products steel factory with an electric arc furnace (EAF) fuelled by scrap will be built by the Tata Steel Company and the Punjabi government.
• Rahul Sharma, an Indian spinner, has declared his retirement from both local and international cricket.
• Colin de Grandhomme, an all-rounder for New Zealand, has announced his retirement from international cricket.
• The book “Science Behind Surya Namaskar,” written by Dr. Munjpara Mahendrabhai Kalubhai, Minister of State for AYUSH, is a compilation of empirical studies on one of the most popular yoga asanas at the AIIA.
• The World Resources Institute (WRI) India in collaboration with the Assam Energy Development Agency (AEDA) launched an online, open-source, and interactive geospatial platform called the Energy Access Explorer (EAE) for
• Rajasthan Chief Minister Shri Ashok Gehlot launched ‘Mahila Nidhi’, a loan scheme for the social and economic development of women through loans.
• The Delhi International Airport Limited (DIAL) has launched a beta version of the ‘DIGI YATRA’ app for the Android platform.
• Meghalaya Chief Minister Shri Conrad K Sangma launched the “Rural Backyard Piggery Scheme” launched under National Livestock Mission at Byrnihat in Ri-Bhoi district, Meghalaya.
• Muthoot FinCorp Ltd, the flagship company of Muthoot Pappachan Group (also known as Muthoot Blue), has tied up with IME India Pvt Ltd (Erstwhile IME Forex India Private Limited) to expand its money remittance services between Indo Nepal Corridor.
• Shri MV Iyer has been given additional charge as the Chairman and Managing Director (CMD) of State-run GAIL (India) Limited.
• Pet-care brand Heads Up For Tails (HUFT) has announced Bollywood actor, a passionate animal lover  Kriti Sanon as their first brand ambassador.
• The world’s biggest coffee chain, Starbucks has appointed Laxman Narasimhan as the next chief executive officer (CEO) and a member of the Starbucks Board of Directors.
• India’s top oil and gas producer, Oil and Natural Gas Corporation Ltd (ONGC) appointed Rajesh Kumar Srivastava as an additional charge of Chairman and Managing Director (CMD) for a period of 4 months with effect from September 1, 2022, to December 31, 2022.
• The Competition Commission of India (CCI) approves the acquisition of 35.43% stake shares in Olam Agri Holdings Pte. Ltd. (Olam Agri / Target) by SALIC International Investment Company (SIIC / Acquirer).
• The Competition Commission of India (CCI) approves the acquisition of approximately49% shareholding in Aditya Birla Fashion and Retail Limited on a fully diluted basis by Caladium Investment Pte. Ltd(GIC Investor) by way of preferential issues of equity and warrants.
• The Indian Army is set to possess advanced quantum communication technology, thereby joining an elite list of nations with indigenous quantum technology.
• A Russian and Soviet politician who served as the last leader of the Soviet Union Mikhail Gorbachev Passed away at the age of 91 in Moscow, Russia.