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Daily Current Affairs August 28 & 29 2022 | Latest News | Download PDF

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CURRENT AFFAIRS: IMPORTANT DAYS

National Sports Day- 29th August

  • The 29th of August is celebrated as National Sports Day in India each year.
  • The inaugural National Sports Day was observed on August 29, 2012, the birthday of India’s renowned hockey player, Major Dhyan Chand.
  • The day is utilized as a platform to introduce several sports initiatives as well as to plan several sporting events and seminars to raise awareness of the value of physical activity and sports in everyday life.

History:

  • In various regions of India, National Sports Day is also known as Rashtriya Khel Divas.
  • The National Stadium of Delhi was renamed Major Dhyan Chand Stadium, Delhi in 1979 as a mark of respect for Major Dhyan Chand following his passing.
  • To promote the spirit of sportsmanship and the message of diverse sports, it was stated in 2012 that a day must be observed as National Sports Day.
  • Major Dhayan Chand was once again honored for this on the anniversary of his birth, and the 29th of August was declared National Sports Day in India.

CURRENT AFFAIRS: NATIONAL NEWS

Karnataka will soon feature the country’s first 3D-printed post office:

  • The first 3D-printed post office in India is expected to open in Bengaluru, Karnataka, and it will only cost around one-fourth as much as a conventional facility.
  • Within the next month, the new post office building at Cambridge Layout in Halasuru, Bengaluru, is anticipated to be finished utilizing 3D printing.
  • The Post Office building is being built by Larsen & Toubro, the only business actively using 3D printing in construction in India.
  • The Building Materials and Technology Promotion Council of the Ministry of Housing and Urban Affairs and IIT-Madras have approved the three-story, new post office’s 3D printing.

Centre Picks 75 Tribal Districts for TB Intervention Projects:

  • The Ministry of Tribal Affairs and the Central TB Division of the Ministry of Health and Family Welfare have now decided on 75 tribal districts where targeted interventions will be run over the next few months to make them TB-free after having run an active case-finding campaign to detect instances of TB among tribal populations over the past six months.
  • This January, the Aashwasan Drive, which involved door-to-door screening in over 68,000 villages, launched a campaign to find TB patients throughout 174 tribal districts.
  • The government intends to deploy two officials per district and three officials in each of the state TB cells to oversee the execution of these planned interventions.
  • The United States Agency for International Development (USAID) provided technical assistance and Piramal Swasthya provided implementation support for the Tribal Affairs and Health Ministries’ Aashwasan Campaign.
  • Compared to other demographic groups, tribal inhabitants are more susceptible to TB and other respiratory ailments, according to Tribal Affairs Ministry Joint Secretary Naval Jit Kapoor.

CURRENT AFFAIRS: INTERNATIONAL NEWS

India-Mauritius 3rd Joint Committee Meeting 2022 on SME Cooperation held in Delhi

  • The 3rd Joint Committee Meeting (JCM) 2022 between the Ministry of Micro, Small and Medium Enterprises(MSME), Government of India (GoI), and Ministry of Business, Enterprises, and Cooperatives of the Republic of Mauritius for cooperation in the field of MSMEs were held in New Delhi, Delhi.
  • The Indian side was led by Union Minister for Micro, Small and Medium Enterprises (MSME), GoI, Shri Narayan Rane, and the Mauritius side was led by Union Minister of Industrial Development, SMEs and Cooperatives, Republic of Mauritius, Shri Soomilduth Bholah.

2 MoUs Signed :

  • During the Mauritius delegation’s visit, two Memorandum of Understanding (MoU) on cooperation have also been signed,
  1. MoU Signed between SME Mauritius Ltd. and Entrepreneurship Development Institute of India (EDII)- Ahmedabad in Ahmedabad, Gujarat.
  2. MoU Signed between SME Mauritius Ltd. and National Institute for Micro, Small and Medium Enterprises (Ni-MSME), an institute under the Ministry of MSME in New Delhi, Delhi.
  • In the JCM 2022, both sides discussed potential areas of cooperation in various areas including
  • Exchange of best practices and experiences in the development of the MSME sector
  • Holding physical/virtual exhibitions/fairs
  • Technological cooperation
  • Encouraging B2B collaboration/tie-ups through B2B meets
  • Entrepreneurship development and training programs;
  • Collaboration in various sectors such as aromatherapy, food processing, and eco-friendly businesses.
  • India & Mauritiu’s bilateral trade in goods rose from USD 690.02 million in 2019 – 20 to USD 786.72 million in 2021-22.

About Ministry of Micro, Small & Medium Enterprises :

  • Cabinet Minister: Narayan Rane
  • Minister of State: Bhanu Pratap Singh Verma

About Mauritius :

  • Prime Minister: Pravind Kumar Jugnauth
  • Capital: Port Louis
  • Currency: Mauritian rupee

Union Agriculture Minister inaugurated the Indo-Israel Center of Excellence for Vegetables

  • The Union Minister of Agriculture and Farmers Welfare, Shri Narendra Singh Tomar, laid the foundation stone of the Indo-Israel Center of Excellence (CoE) for Vegetables in Chandauli Uttar Pradesh through video conferencing.
  • The projects were inaugurated by the Ambassador of Israel in India, Dr. Ron Malka, Union Minister of Agriculture & Farmers Welfare Shri Narendra Singh Tomar, and Karnataka Chief Minister Shri B. S. Yediyurappa.
  • The CoE in Kolar, Bagalkote, and Dharwad in Karnataka will implement advanced Israeli Agro-Technology tailored to local conditions.
  • A CoE is an advanced & intensive agricultural farm that generates knowledge, demonstrates best practices, and trains farmers based on Israeli novel agro-technology tailored to the local conditions.
  • Three CoE mangoes in Kolar, pomegranates in Bagalkot, and Vegetables in Dharwad were established in Karnataka under the Indo-Israel Agriculture Project (IIAP).

Note :

  • Rice bowl of Uttar Pradesh – Chandauli district.
  • Ambassador of Israel to India: Dr. Ron Malka

About Ministry of Agriculture & Farmers Welfare :

  • Cabinet Minister: Narendra Singh Tomar
  • Minister of State: Shobha Karandlaje, Kailash Choudhary

About Israel :

  • President: Isaac Herzog
  • Prime minister: Yair Lapid
  • Capital: Jerusalem
  • Currency: Israeli Shekel

CURRENT AFFAIRS: STATE NEWS

J&K becomes first to establish Atal Tinkering Labs in partnership with NITI Aayog

  • The Union Territory (UT) of Jammu and Kashmir (J&K) has become the first amongst States/UTs to establish an Atal Tinkering Lab (ATL) in partnership with the government think tank National Institution for Transforming India (NITI) Aayog.
  • NITI Aayog will replicate the J&K model of Atal Tinkering Lab to the rest of India on a 50:50 cost-sharing basis.

Aim :

  • To encourage young minds in the field, and challenge students to become producers of products themselves instead of consumers.

Key Highlights :

  • To foster entrepreneurship and innovation, Atal Innovation Mission, NITI Aayog has established over 10000 ATLs across India so far enabling over 3 Million students between Grade VI to Grade XII acquire a problem-solving, tinkering, and innovative mindset.
  • An MoU signed between AIM and J&K UT will provide rupees 10 lakh each to establish ATLs in UT.
  • One ATL cost Rs 20 Lakh provided by AIM.
  • The AIM will establish more than 500 labs in J&K schools in the coming years to promote an innovative and creative mindset among J&K students.
  • It is planned to set up 250 ATL in the Jammu region & 250 in the Kashmir region to be constructed under AIM.

Note :

  • Atal Innovation Mission Director: Chintan Vaishnav

About J&K :

  • Lt Governor : Manoj Sinha
  • Capital: Srinagar, Jammu

About NITI Aayog :

  • Established: 1 January 2015
  • Headquarters: New Delhi, Delhi, India
  • CEO: Parameswaran Iyer
  • Chairperson: Narendra Modi (Prime Minister of India)
  • Vice Chairperson : Suman Bery

CURRENT AFFAIRS: BANKING & FINANCE

SIDBI Partners with Tata Power’s TPRMG to Support Green Entrepreneurs

  • Tata Power’s wholly owned subsidiary TP Renewable Microgrid (TPRMG) has partnered with the Small Industries Development Bank of India (SIDBI) to set up 1,000 green energy enterprises across India under a joint innovative program to support rural entrepreneurs.

Aim :

  • To empower rural entrepreneurs and promote sustainable entrepreneurship fashions throughout India.

Key Highlights :

  • The ‘Sustainable is Attainable’ program of Tata Power and the Empowering MSMEs campaign of SIDBI, are the driving forces behind this partnership.
  • The entrepreneurs shortlisted under the initiative will have to complete a capacity-building activity organized by TPRMG to receive an impetus called Go REsponsive, ENterprise incentive (GREENi) from SIDBI.
  • The program intends to develop skills to enable low-carbon futures for rural entrepreneurs and economies and to assist in the Ease of Doing Business in rural parts of India.
  • Through its PRAYAAS scheme or partner institutions, SIDBI will also assist in credit linkages to facilitate financing (loans) for setting up or expanding the businesses of rural entrepreneurs.

About TPRMG :

  • Tata Power’s TPRMG operates a solar-based off-grid generating plant with an energy storage system supplying power to remote areas of India.
  • Tata Power is planning to roll out 10,000 Microgrids
  • Already, it has installed more than 200 Microgrids, many of which are present in Uttar Pradesh and Bihar.
  • A pilot Microgrid program is also being tried out in Odisha.

About SIDBI :

  • Established: 2 April 1990
  • Headquarters: Lucknow, Uttar Pradesh, India
  • Chairman & MD : Sivasubramanian Ramann
  • SIDBI is the apex regulatory body for overall licensing and regulation of micro, small and medium enterprise finance companies in India.
  • It is under the jurisdiction of the Ministry of Finance, GoI.

About Tata Power :

  • Founded: 18 September 1919
  • Headquarters:  Mumbai, Maharashtra, India
  • MD & CEO: Praveer Sinha

SBI to extend Indian Visa Centers for two more years in Bangladesh

  • Bangladesh country head of operations Mr. Amit Kumar represented the State Bank of India (SBI) & the Deputy High Commissioner of India to Bangladesh Dr. Binoy George represented the High Commission of India signed the agreement to would manage the Indian Visa Application Center (IVAC) in Bangladesh for two more years at the functioning of the IVAC center in Dhaka, Bangladesh.
  • The IVAC will also be starting a few additional services soon which include facilitation for online form filling and submission of forms, slot booking, and launching of a mobile app.
  • A priority lounge was also inaugurated at the IVAC center in Dhaka.
  • Currently, SBI runs a total of 15 IVACs across Bangladesh.
  • The IVAC center at the Jamuna Future Park in Dhaka was opened in 2018 & it is the largest Indian visa application center.
  • The first IVAC was started by SBI in 2005 in Dhaka.

About SBI :

  • Founded: 1 July 1955
  • Headquarters: Mumbai, Maharashtra, India
  • Chairman: Dinesh Kumar Khara

RBI imposes 2.33 cr monetary penalty on Spandana Sphoorty Financial Limited, Hyderabad

  • The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2.33 crore on Hyderabad-based Spandana Sphoorty Financial Ltd for non-compliance with the guidelines on pricing loans for non-banking financial companies – microfinance institutions (NBFC-MFIs).
  • This penalty has been imposed in the exercise of powers vested in RBI under the provisions of clause (b) of sub-section (1) of section 58 G read with clause (aa) of sub-section (5) of section 58 B of the Reserve Bank of India Act, 1934.
  • RBI has conducted statutory audits of the company, NBFC-MFI, about its financial position as on March 31, 2019, and March 31, 2020.

About RBI :

  • Established: 1 April 1935
  • Headquarters: Mumbai, Maharashtra, India
  • Governor : Shaktikanta Das
  • Deputy governors: Mahesh Kumar Jain, Rajeshwar Rao, Michael Patra, and T. Rabi Shankar

HDFC ERGO launches India’s first Electric Vehicles Ecosystem – ‘All Things EV’

  • HDFC ERGO General Insurance Company Limited, a leading private sector general insurance company, has launched ‘All Things EV,India’s first one-stop-solution portal for Electric Vehicles (EV).
  • In line with the Government of India’s push for Electric Mobility, this initiative caters to the needs of existing and potential EV users.

Key Highlights :

  • As a part of this initiative, the company has unveiled a dedicated platform for existing and prospective EV ecosystem users allthingsev.i, which hosts end-to-end information on this emerging sector.
  • It will help existing users with information on charging stations, locations of charging stations along a route for intercity commute, and content EV maintenance.
  • The platform has a roadmap with features like slot booking at charging stations, roadside assistance, RTO services & creation of an EV community.

About HDFC ERGO General Insurance Company Limited :

  • Headquarters: Mumbai, Maharashtra, India
  • MD & CEO: Mr. Ritesh Kumar
  • HDFC ERGO is a 51:49 joint venture firm between HDFC and ERGO International AG, one of the insurance entities of the Munich Re Group in Germany.

RBI imposed monetary penalties on  8 banks cancels licenses of 2 NBFCs

  • The Reserve Bank of India (RBI) has imposed a monetary penalty on eight banks & non-banking finance companies (NBFC).
  • In addition to that, the RBI canceled the licenses of two non-banking finance companies (NBFCs).
  • The monetary penalty imposed on these banks ranges from 1 lakh to 3 crores.

List of 8 banks :

  1. Chhattisgarh Rajya Sahakari Bank, Raipur
  2. The Goa State Co-operative Bank, Panaji
  3. Garha Co-operative Bank, Guna (M.P.)
  4. The Yavatmal Urban Co-operative Bank, Yavatmal (Maharashtra)
  5. Jila Sahakari Kendriya Bank, Chhindwara (M.P.)
  6. Warud Urban Co-operative Bank, Warud (Maharashtra)
  7. Indapur Urban Cooperative Bank, Indapur, Maharashtra
  8. The Mehsana Urban Co-operative Bank, Mehsana, Gujarat

2 NBFCs :

  1. Alarming Finvest Private Limited, Delhi,
  2. Achal Finance Limited, Karnataka

CURRENT AFFAIRS: AWARDS AND HONOUR

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

  • At a ceremony in Istanbul, Turkey, Karim Benzema, and Alexia Putellas received the UEFA men’s and women’s player of the year awards in recognition of their remarkable seasons.
  • The French forward Benzema led Real Madrid to win against Liverpool in the Champions League championship game and finished with 15 goals overall, while Putellas led all scorers in the Women’s Champions League, advancing Barcelona to the championship game where they fell to Lyon.
  • The coaching awards went to the winners of the two biggest events last season: Carlo Ancelotti of Madrid and Sarina Wiegman, who led England to the Euro 2022 title.

CURRENT AFFAIRS: MOUS AND AGREEMENT

Hero Electric Partners with Jio-BP for Charging & Battery swapping:

  • An Indian manufacturer of electric scooters, Hero Electric, has announced a collaboration with Jio-BP to offer EV charging and battery swapping services in India.
  • Customers of the manufacturer will have access to Jio-infrastructure BP’s for charging and battery changing thanks to the cooperation between Hero electric and the latter.
  • Jio-BP, a joint venture between British oil major BP and Mukesh Ambani-led Reliance Industries, will launch in 2020.
  • In addition to developing solutions for a seamless customer experience on the Hero Electric and Jio-BP apps, the companies.
  • Currently, Jio-BP has installed charging and switching stations throughout the nation under the Jio-BP pulse brand.
  • Customers may use the Jio-BP pulse app to locate any nearby station.
  • Currently, Hero Electric sells more than 750 products and provides service in outlets throughout the nation.
  • Additionally, Hero has sold over 4.5 lakh electric two-wheelers.
  • Hero Electric wants to revolutionize the Indian e-mobility industry and provide its clients with the greatest EVs available in the country.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

DreamSetGo Appoints Mr. Sourav Ganguly As First Brand Ambassador

  • A sports experiences and travel platform, DreamSetGo has appointed Sourav Ganguly as its first brand ambassador.
  • Ganguly has also become the “Supercaptain” for DreamSetGo.
  • He will play a key role in promoting DSG’s curated experiences offered through its key partnerships with Manchester City, Chelsea FC, ICC Travel and Tours, AO Travel, F1® Experiences, and more.

About Mr. Sourav Ganguly :

  • Sourav Chandidas Ganguly is an Indian cricket administrator, commentator, and former national cricket team captain.
  • He is affectionately known as Dada.
  • He is popularly called Maharaja of Indian Cricket.
  • He is one of the most successful Indian Test captains to date, winning 21 out of 49 test matches.
  • He is the 39th and current president of the Board of Control for Cricket in India (BCCI).

About DreamSetGo :

  • Founded: 2019
  • Headquarters: Mumbai, Maharashtra
  • Founder & Chief Business Officer: Monish Shah

Justice Shri Uday Umesh Lalit was sworn in as the 49th Chief Justice of India

  • Justice Shri Uday Umesh Lalit took oath as the 49th Chief Justice of India (CJI).
  • President of India Shri Droupadi Murmu administered the oath of office at a ceremony held at Rashtrapati Bhavan, New Delhi, Delhi.
  • He succeeded Justice Shri Nuthalapti Venkata Ramana, who retired on August 26.
  • Justice Shri Lalit will have a tenure of 74 days as the head of India’s judiciary and would demit office on 8 November 2022.
  • Vice President Shri Jagdeep Dhankhar, Prime Minister Shri Narendra Modi and Union ministers were present at the ceremony.

Additional Info :

  • After Justice Lalit’s retirement on November 8, 2022, Justice Shri DY Chandrachud is expected to be appointed as the 50th Chief Justice of India.

About Justice Shri Uday Umesh Lalit :

  • Justice Shri Lalit was born on November 9, 1957, in Solapur, Maharashtra.
  • He enrolled as an advocate in June 1983 & practiced in the Bombay High Court till December 1985.
  • In April 2004, Lalit was designated as a senior advocate of the Supreme Court.
  • He was appointed a special public prosecutor for the Central Bureau of Investigation (CBI) to conduct the trial in the 2G spectrum allocation case.
  • Justice Shri Lalit will be the second CJI who was directly elevated to the Supreme Court bench from the Bar.
  • Justice Shri SM Sikri, who became the 13th CJI in January 1971, was the first lawyer to be elevated directly to the top court bench in March 1964.

Note :

  • According to article 124(2) of the Constitution, the retirement age of judges of the Supreme Court is 65.
  • As per article 217(1) of the Constitution, judges of the 25 high courts retire at the age of 62.

Mr. VVS Laxman appointed as interim head coach of India for Asia Cup 2022

  • Vangipurapu Venkata Sai Laxman has been appointed as interim head coach of Team India in Dubai for the 2022 Asia Cup.
  • The decision was confirmed by the Board of Control for Cricket in India (BCCI), as Rahul Dravid, India’s head coach, after testing positive for COVID-19
  • Rohit Sharma and KL Rahul will lead the team as captain and vice-captain respectively for the Asia Cup 2022.
  • India will take on Pakistan in their first game of the 2022 Asia Cup

About VVS Laxman :

  • Laxman was born in Hyderabad, Andhra Pradesh, India.
  • He is a former Indian international cricketer and a former cricket commentator.
  • He is popularly called the ‘God of 4th Innings’ for his exploits
  • Currently, he is the Head of Cricket at the National Cricket Academy (NCA), and the head coach of the India Under-19 and India A teams.

Awards & Honors :

  • He received the Arjuna Award, from the Government of India, in 2001, for his outstanding achievement in sports.
  • In 2011, Laxman was awarded the Padma Shri award, India’s fourth highest civilian award

CURRENT AFFAIRS: ACQUISITIONS & MERGERS

HDFC Bank to pick around 10 pc stake in Go Digit-Life Insurance

  • India’s largest private sector lender HDFC Bank Limited entered into an “indicative and non-binding term sheet to acquire 9.94% stake in Go Digit-Life Insurance for an amount between Rs 49.9 crore to Rs 69.9 crore, in two tranches, by subscribing to equity shares of the Company.
  • The deal is subject to execution of definitive agreements whose terms and conditions are to be mutually agreed upon, and fulfillment of other norms.
  • Backed by Prem Watsa-led Fairfax Group and Kamesh Goyal, who are also promoters of Go Digit General Insurance, has applied for a license from the Insurance Regulatory and Development Authority of India (IRDAI) to set up a life insurance business.
  • Recently, Go Digit General Insurance has filed its draft red herring prospectus (DRHP) for an initial public offering (IPO) that will include fresh issuance of equity shares and an offer-for-sale.

About HDFC Bank :

  • Founded: August 1994
  • Headquarters: Mumbai, Maharashtra, India
  • Chairman: Atanu Chakraborty
  • CEO : Sashidhar Jagdishan

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

AirAsia India becomes the first airline in India to use AI-powered CAE Rise™ Training System

  • AirAsia India and Canadian Aviation Electronics (CAE) have announced their collaboration to integrate the CAE Rise™ Training System into the airline’s simulator training program.
  • AirAsia India is the first airline in India to adopt a data-driven training program using CAE Rise™.
  • CAE Rise™ leverages analytics to deliver a higher quality of training, providing real-time data during training sessions while giving instructors insights that enable them to objectively assess a pilot’s technical competencies and performance.
  • AirAsia and CAE have worked together since 2014 on pilot training at CAE network training centers.

About AirAsia India :

  • Founded: 28 March 2013
  • Commenced Operations: 12 June 2014
  • Headquarters: Bangalore, Karnataka, India
  • Chairman : Banmali Agrawala
  • MD & CEO : Sunil Bhaskaran
  • The airline is a joint venture with Tata Sons holding an 83.67% stake in the airline and AirAsia Investment Limited (Malaysia) holding a 16.33% stake.

About CAE :

  • Founded: 1947
  • Headquarters: Montreal, Quebec, Canada
  • Founder: Ken Patrick
  • CEO: Marc Parent

CURRENT AFFAIRS: SPORTS NEWS

Neeraj Chopra wins Lausanne Diamond League with 89.08m throw:

  • Neeraj Chopra, an Olympic champion and javelin thrower made history by being the first Indian to win a Lausanne Diamond League championship.
  • He launched the spear 89.08 meters in his first effort to declare victory distinctively.
  • His second throw, measuring 85.18 meters, came after his third-best performance of his career, a throw of 89.08 meters.
  • Jakub Vadlejch, who won the silver medal in the Tokyo Olympics, came in second with a best throw of 85.88 meters, and Curtis Thompson of the United States came in third with an effort of 83.72 meters.
  • Chopra, 24, became the first Indian to qualify for the Diamond League Finals, which will be held in Zurich.
  • Chopra also made history for India in July of this year when he won silver in the javelin throw final at the World Championships, becoming only the second Indian and first male track and field athlete to do so.

FIFA Council removes ban on Indian football:

  • The All India Football Federation (AIFF) ban, which was put in place as a result of improper third-party involvement, has been lifted by the FIFA Council Bureau.
  • The choice was made after FIFA received confirmation that the committee of administrators’ mandate, which had been established to take over the AIFF Executive Committee’s authority, had been terminated and that the AIFF administration had reclaimed complete control over the organization’s day-to-day operations.
  • The FIFA U-17 Women’s World Cup 2022TM, which is slated to take place in India from October 11–30, 2022, will go on as scheduled.
  • Now, the nation will successfully host the FIFA U-17 Women’s World Cup in October.
  • Additionally, ATK Mohun Bagan will be entitled to take part in the AFC Cup Inter-Zonal semifinal matchup against Kuala Lumpur City FC.
  • On the 24th and 27th of September, respectively, the Indian national team was slated to play two friendlies against Singapore and Vietnam.

Grandmaster Arjun Erigaisi wins 28th Abu Dhabi Masters:

  • The 28th Dhabi Masters Chess Tournament was won by Grandmaster Arjun Erigaisi with 7.5 points.
  • Arjun Erigaisi, a grandmaster, defeated David Anton Guijarro, a player from Spain, in the ninth and final round of the 28th Abu Dhabi Masters Chess Tournament.
  • After the most recent Chess Olympiad in India, Grandmaster Arjun Erigaisi moved up an incredible 35 Elo rating points to take third place in the live rating list.
  • Grandmaster Arjun Erigaisi competed in the 28th Dhabi Masters Chess Tournament, winning six matches and drawing three others.
  • Arjun Erigaisi, an Indian Grandmaster in chess, became a Grandmaster at the age of 14, making him the 32nd-youngest Grandmaster to have ever attained the rank.
  • He is also India’s 54th Grandmaster.
  • At the Asian Youth Championships in Korea in 2015, Arjun Erigaisi took home the silver medal.
  • He has crowned the first grandmaster from Telangana in 2018.

Daily CA on August 28 and 29:

  • The 29th of August is celebrated as National Sports Day in India each year.
  • The first 3D-printed post office in India is expected to open in Bengaluru, Karnataka, and it will only cost around one-fourth as much as a conventional facility.
  • The Ministry of Tribal Affairs and the Central TB Division of the Ministry of Health and Family Welfare have now decided on 75 tribal districts where targeted interventions will be run over the next few months to make them TB-free
  • At a ceremony in Istanbul, Turkey, Karim Benzema, and Alexia Putellas received the UEFA men’s and women’s player of the year awards in recognition of their remarkable seasons.
  • An Indian manufacturer of electric scooters, Hero Electric, has announced a collaboration with Jio-BP to offer EV charging and battery swapping services in India.
  • Neeraj Chopra, an Olympic champion and javelin thrower made history by being the first Indian to win a Lausanne Diamond League championship.
  • The All India Football Federation (AIFF) ban, which was put in place as a result of improper third-party involvement, has been lifted by the FIFA Council Bureau.
  • The 28th Dhabi Masters Chess Tournament was won by Grandmaster Arjun Erigaisi with 7.5 points.
  • The 3rd Joint Committee Meeting (JCM) 2022 between the Ministry of Micro, Small and Medium Enterprises(MSME), Government of India (GoI), and Ministry of Business, Enterprises, and Cooperatives of the Republic of Mauritius for cooperation in the field of MSMEs were held in New Delhi, Delhi.
  • The Union Minister of Agriculture and Farmers Welfare, Shri Narendra Singh Tomar, laid the foundation stone of the Indo-Israel Center of Excellence (CoE) for Vegetables in Chandauli Uttar Pradesh through video conferencing.
  • The Union Territory (UT) of Jammu and Kashmir (J&K) has become the first amongst States/UTs to establish an Atal Tinkering Lab (ATL) in partnership with the government think tank National Institution for Transforming India (NITI) Aayog.
  • Tata Power’s wholly owned subsidiary TP Renewable Microgrid (TPRMG) has partnered with the Small Industries Development Bank of India (SIDBI) to set up 1,000 green energy enterprises across India under a joint innovative program to support rural entrepreneurs.
  • Bangladesh country head of operations Mr. Amit Kumar represented the State Bank of India (SBI) & the Deputy High Commissioner of India to Bangladesh Dr. Binoy George represented the High Commission of India signed the agreement to would manage the Indian Visa Application Center (IVAC) in Bangladesh for two more years at the functioning of the IVAC center in Dhaka, Bangladesh.
  • The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2.33 crore on Hyderabad-based Spandana Sphoorty Financial Ltd for non-compliance with the guidelines on pricing loans for non-banking financial companies – microfinance institutions (NBFC-MFIs).
  • HDFC ERGO General Insurance Company Limited, a leading private sector general insurance company, has launched ‘All Things EV,India’s first one-stop-solution portal for Electric Vehicles (EV).
  • The Reserve Bank of India (RBI) has imposed a monetary penalty on eight banks & non-banking finance companies (NBFC).
  • A sports experiences and travel platform, DreamSetGo has appointed Mr. Sourav Ganguly as its first brand ambassador.
  • Justice Shri Uday Umesh Lalit took oath as the 49th Chief Justice of India (CJI).
  • Mr. Vangipurapu Venkata Sai Laxman has been appointed as interim head coach of Team India in Dubai for the 2022 Asia Cup.
  • India’s largest private sector lender HDFC Bank Limited entered into an “indicative and non-binding term sheet to acquire 9.94% stake in Go Digit-Life Insurance for an amount between Rs 49.9 crore to Rs 69.9 crore, in two tranches, by subscribing to equity shares of the Company.
  • AirAsia India and Canadian Aviation Electronics (CAE) have announced their collaboration to integrate the CAE Rise™ Training System into the airline’s simulator training program.