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CURRENT AFFAIRS: IMPORTANT DAYS
Police Commemoration Day: 21st October
- Police Commemoration Day 2022 is observed on the 21st of October 2022.
- On 21st October, Police Commemoration Day in India, a nationwide program will be conducted for the Police persons who proved their bravery and excellence in their duty.
- The day commemorates the sacrifices of ten CRPF personnel who lost their lives while defending our border with China On October 21, 1959.
- On 20th October 1959, The Indian Reconnaissance party went missing.
- One of the three Parties launched from Ladakh does not return to the base.
- On 21st October 1959, the Chinese army attacked and killed 10 brave Indian Soldiers.
- In January 1960 they decided that October 21 will be declared as the Police Commemoration Day in India to remember and honor the sacrifices made by on-duty Police Personnel in the country.
CURRENT AFFAIRS: NATIONAL NEWS
The Union Cabinet has approved an MSP increase for all mandated Rabi crops:
- For the marketing season 2023-24, the Union Cabinet approved an increase in the Minimum Support Price (MSP) for all Rabi Crops.
- The greatest rise has been approved for lentils, with a 500 rupee per quintal increase.
- Wheat MSP has been increased by 110 rupees, while barley MSP has been increased by 100 rupees.
- The hike is consistent with the Union Budget 2018-19 announcement of a minimum MSP of 1.5 times the All-India weighted average Cost of Production.
About MSP:
- The MSP is the rate at which the government purchases crops from farmers, and it is calculated as at least one-and-a-half times the producers’ cost of production.
- MSP is a “minimum price” for any crop that the government deems profitable for farmers and so worthy of “assistance.”
India Gate Basmati Rice is the world’s number-one basmati rice brand:
- India Gate, KRBL’s main brand, has been named the world’s No. 1 Basmati Rice Brand in a market survey done by a renowned global research firm.
- Mordor Intelligence’s quantitative analysis includes research on the White and Brown Basmati Rice Category throughout continents such as the Americas, Europe, Asia-Pacific, and the Middle East and Africa.
- The research was conducted using primary and secondary research, data triangulation, and an insight generation approach.
- Mordor Intelligence, a major worldwide research firm launched in 2014, has conducted studies that have provided insights to over 4000 organizations in over 100 countries across numerous industries.
History:
- Since its inception in 1998, India Gate Basmati Rice has worked tirelessly to fulfill its mission of enhancing lives through Basmati Rice, a nutritional marvel of nature.
- India Gate has built a strong global consumer franchise over the years, as proven by the fact that it is exported to over 90 countries and sells over 8 million packs per year.
- The grains of India Gate Basmati Rice are aged to perfection, making them longer, fluffier, non-sticky, and full of wonderful aroma, distinguishing them from the competition.
- This new survey naming India Gate Basmati Rice the World’s No. 1 Basmati rice brand demonstrates our steadfast dedication to putting the highest quality basmati on consumer plates around the world.
Mr. Rajeev Chandrasekhar launched the first SemiconIndia Future Design tour:
- The first SemiconIndia FutureDesign roadshow in Gujarat was officially launched by Rajeev Chandrasekhar, Union state minister for electronics and information technology.
- Chandrasekhar remarked on the occasion that the roadshows were organized to encourage startups, next-generation innovators, and business giants to invest in semiconductor design.
- It will contribute to the creation of a strong semiconductor ecosystem in the country, as envisioned by Prime Minister Narendra Modi.
- The minister also unveiled the ISRO-tested and approved NavIC Receiver Chipsets at the event.
- They are ready to enter the commercial sector.
- By extending the program to every school and every institution, the government hopes to get as many young Indians interested in and participating in the Semicon India trip as possible.
Shri Hardeep Singh Puri inaugurates Asia’s largest compressed biogas plant:
- Union Minister of Petroleum and Natural Gas Hardeep Singh Puri inaugurated Asia’s largest Compressed Bio Gas (CBG) plant in Lehragaga, in Punjab’s Sangrur
- The plant in Sangrur is just the beginning of India’s master plan for a CBG-based rural economy and the government is taking all steps to promote the ecosystem around it.
- The plant has been commissioned with a foreign direct investment of approximately Rs. 220 crores by Verbio AG, one of Germany’s leading bio-energy companies.
- Punjab Chief Minister Bhagwant Mann and senior management from Verbio India Private Limited were also present at the inaugural ceremony.
- The CBG plant at Sangrur is spread across an area of 20 acres.
- The plant’s present production is about six tonnes per day but soon it will process 300 tonnes of paddy straw per day to produce 33 TPD of compressed biogas using eight digesters of 10,000 cubic meters.
- The union minister said initiatives, such as the CBG plant, are a huge leap in arriving at a win-win situation for farmers and the environment.
PM to inaugurate India Urban Housing Conclave 2022 in Rajkot:
- Prime Minister Narendra Modi will inaugurate ‘Indian Urban Housing Conclave-2022’, IUHC2022, a three-day event being organized by the Ministry of Housing and Urban Affairs at Rajkot, Gujarat.
- This Conclave will provide a platform for all stakeholders to demonstrate their technologies and they will deliberate upon various options of technologies, materials, and processes for large-scale adoption and mainstreaming in different types of housing construction suitable for different Geo-climatic regions of the country.
- It will help devise strategies, action plans, and a roadmap for achieving the vision of “Future Ready Urban India.”
- The Conclave will also help in widening the horizon and bringing technology transition in the construction sector for sustainable development.
- It will bring together all global and indigenous innovative technologies, materials, and processes, including those developed subsequently by various stakeholders across the world.
- Housing and Urban Affairs Minister Hardeep Singh Puri, his deputy in the Ministry Kaushal Kishore, and other dignitaries from the Centre and States will attend the conclave.
CURRENT AFFAIRS: INTERNATIONAL NEWS
FAO, UNEP, WHO & WOAH launched One Health Joint Plan of Action to help reduce the risk of future pandemics
- The One Health Joint Plan of Action (OH JPA) was launched by the Quadripartite comprising the Food and Agriculture Organization of the United Nations (FAO), the United Nations Environment Programme (UNEP), the World Health Organization (WHO), and the World Organisation for Animal Health (WOAH, founded as OIE).
About One Health Joint Plan of Action :
- It is developed through a participatory process, providing a set of activities that aim to strengthen collaboration, communication, capacity building, and
- This initiative seeks to improve the health of humans, animals, plants, and the environment while contributing to sustainable development.
- One Health is the main approach for addressing the complex health challenges facing our society, such as ecosystem degradation, food system failures, infectious diseases, and antimicrobial resistance.
- Using a One Health lens that brings all relevant sectors together is critical to tackling global health threats, like monkeypox, COVID-19, and
- The five-year plan (2022-2026) focuses on supporting and expanding capacities in 6 areas:
- Capacities for health systems
- Emerging and re-emerging zoonotic epidemics
- Endemic zoonotic
- Neglected tropical and vector-borne diseases
- Food safety risks
- Antimicrobial resistance and the environment.
About FAO :
- Founded: 16 October 1945
- Headquarters: Rome, Lazio, Italy
- Director General : Qu Dongyu
- Membership: 195 members (including 194 countries and the European Union)
- The Food and Agriculture Organization of the United Nations (FAO) is an international organization that leads international efforts to defeat hunger and improve nutrition and food security.
About UNEP :
- Founded: 5 June 1972
- Headquarters: Nairobi, Kenya
- Executive Director: Inger Andersen
About WHO :
- Established: 7 April 1948
- Headquarters: Geneva, Switzerland
- Director General : Tedros Adhanom
- The WHO is a specialized agency of the United Nations responsible for international public health.
About WOAH :
- Established: 25 January 1924
- Headquarters: Paris, France
- President : Hugo Federico Idoyaga Benítez
- Director General: Monique Eloit
- The WOAH, formerly the Office International des Epizooties (OIE), is an intergovernmental organization coordinating, supporting, and promoting animal disease control.
Japan seeks Geographical Indication tag for nihonshu
- The Embassy of Japan, New Delhi, has filed an application seeking a Geographical Indication (GI) tag for nihonshu/Japanese sake, an alcoholic beverage.
- This is the first time a product from Japan has filed for a tag at the Geographical Indication Registry in Chennai.
About Nihonshu :
- It is regarded as a special and valuable beverage made from fermenting rice.
- People traditionally drink nihonshu on special occasions, such as festivals, weddings, or funerals, but it is also consumed daily.
- Thus, it is an integral part of the lifestyle and culture in Japan.
- The sake market (almost all are nihonshu) is the second largest brewed liquor (such as beer) market in Japan.
- For making nihonshu three main raw materials – rice, koji-kin (a type of fungal spore), and water are required. ∙
- The production of nihonshu follows an alcoholic fermentation method called parallel multiple fermentation and involves raw material treatment, koji making, starter culture-making, mash making, pressing, heat sterilization, and bottling.
About GI Tag :
- A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.
- The GI of Goods (Registration and Protection) Act, 1999 seeks to provide for the registration and better protection of geographical indications relating to goods in India
- It is governed and directed by the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS).
- The tag is valid for 10 years following which it can be renewed.
- Darjeeling Tea was the first Indian product to get a GI tag.
About Japan :
- Prime minister: Fumio Kishida
- Capital: Tokyo
- Currency: Japanese yen
CURRENT AFFAIRS: BANKING & FINANCE
RBI gives in-principle approval to Cygnet to operate as an NBFC account aggregator
- Fintech firm Cygnet Infotech Private Limited has received in-principle approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC) account aggregator.
About Account Aggregator :
- Account Aggregator is one of the largest open financing data-sharing protocols regulated by the RBI.
- It allows consumers to instantly share their financial data, securely and digitally with various financial institutions.
- It facilitates financial institutions to quickly and conveniently access consumers‘ consent-based financial data.
- Small and medium-sized businesses will get better credit facilities whilst banks and other financial institutions will get an opportunity to widen their lending portfolio.
- Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority of India (IRDAI), and Pension Fund Regulatory & Development Authority (PFRDA) are already in various stages of integration with the account aggregator ecosystem as Financial Information Providers (FIP).
About Cygnet Infotech Private Limited :
- Founded: 2000
- Headquarters: Ahmedabad, Gujarat
- MD & CEO : Niraj Hutheesing
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
Cashfree Payments launches ‘issuance’ solution for fintech firms
- India’s leading payments and Application Programming Interface (API) banking solutions company, Cashfree Payments India Private Limited, has launched a card issuance stack with its new solution ‘Issuance’ to enable businesses such as fintech and platforms to launch prepaid cards and wallets for their customers, employees, and partners.
About ‘Issuance’ :
- ‘Issuance’ is a prepaid card and wallet issuance API stack which can be used for payroll & incentive disbursals, customer loyalty programs, and expense management among other use cases.
- ‘Issuance’ allows businesses to launch both physical and virtual prepaid cards.
- It will offer low-code and no-code flows to enable businesses to launch their customized prepaid card or wallet in a few weeks without deep integration with multiple entities.
- It enables platforms to design and customize their prepaid card features including assigning spend limits, creating a closed loop, open loop, or hybrid payment options, and facilitating minimum and full KYC prepaid cards.
- ‘Issuance’ allows businesses to launch both mono-branded and co-branded prepaid cards.
About Cashfree Payments :
- Founded: 2015
- Headquarters: Bangalore, Karnataka
- Founder and CEO: Akash Sinha
CASHe Partners with IRCTC Launches ‘Travel Now Pay Later facility on IRCTC Rail Connect Mobile App
- India’s AI-driven financial wellness platform CASHe has partnered with Indian Railways Catering and Tourism Corporation (IRCTC) to provide a Travel Now Pay Later (TNPL) payment option on its travel app IRCTC Rail Connect.
Key Highlights :
- The new scheme will help customers to book their rail tickets instantly and pay for them later in pocket-friendly Equated Monthly Income (EMIs), ranging from 3 to 6 months.
- The EMI payment option is available on the IRCTC travel app’s checkout page.
- With CASHe’s payment option, booking and paying for rail tickets on the IRCTC travel app will now be easier and hassle-free for millions of Indian Railway passengers.
- The EMI payment option will be available on the IRCTC travel app’s checkout page for passengers booking their reserved and tatkal tickets.
- The IRCTC travel app has over 90 million downloads and powers over 1.5 million railway ticket bookings per day.
About CASHe :
- Founder & Chairman: V. Raman Kumar
About IRCTC :
- Founded: 27 September 1999
- Headquarters: New Delhi, Delhi, India
- Chairman & MD : Rajni Hasija
- IRCTC is a wholly owned subsidiary of the Indian Railways, Ministry of Railways, Government of India.
CURRENT AFFAIRS: RANKING AND INDEX
Reliance Jio surpassed BSNL to become the largest landline service, provider:
- In August, Mukesh Ambani’s Reliance Jio overtook the country’s largest landline service provider for the first time.
- According to the latest data given by the Telecom Regulatory Authority of India, Reliance Jio surpassed state-owned telecom operator and previous market leader BSNL’s 7.13 million landline connections as of August 31.
- MTNL, in third place, provided 2.6 million connections.
- This is a landmark moment in India’s telecom history because fixed-line or landline connections were the final category where a state-owned provider dominated.
- Reliance Jio had been eyeing the area for several years and introduced Jio Fibre in 2019, which includes both landline and fiber-based broadband services.
About TRAI
- Founded: 20 February 1997
- Headquarters: New Delhi
- Chairperson: Ram Sewak Sharma
- Secretary: Sunil K. Gupta
After a four-year slump, India’s internet freedom has improved, according to Freedom House:
- According to the US government-funded NGO Freedom House, India’s internet freedom score climbed by two points to 51 in the overall ranking as a result of attempts to bridge the country’s digital gap.
- After four years, India’s internet freedom has improved
- The decreased frequency and severity of nationwide internet outages also contributed to the improved score.
- India ranked 49th in terms of internet freedom in 2021.
- The Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, among other laws permitting the government to control online content, have been challenged in court, resulting in some of the government’s powers being limited.
- The US government-funded NGO discovered that internet freedom had declined globally for the 12th year in a straight, with Russia, Myanmar, Sudan, and Libya suffering the greatest decreases.
- According to the study, China had the world’s worst internet freedom conditions for the eighth year in a row, while internet freedom in the United States improved slightly for the first time in six years.
India has dropped in the global rankings for mobile and fixed broadband speeds: Ookla report
- India falls three places in the Global Ranking for average mobile speed.
- In June, it jumped from 115th to 118th.
- The median mobile download speed in India has declined from 14.28 Mbps in May to 14.00 Mbps in June, according to the Ookla Speedtest Global Index report.
- In June, India moved up three ranks in the global rankings for median download speeds on fixed broadband, from 75th to 72nd.
- The overall fixed median download speed in India in May was 47.86 Mbps, down from 48.11 Mbps in June.
- Each month, Ookla’s Speedtest Global Index compares Speedtest data from around the world.
- The data for the Global Index comes from hundreds of millions of tests performed by real individuals using Speedtest.
- Norway is in first place and was joined by Chile in the global median mobile speed rankings.
- Regarding overall worldwide fixed broadband speeds, Singapore takes second place.
- The fastest increases in fixed broadband and mobile download speeds were seen in Papua New Guinea and Gabon in June.
- Based on the median mobile download speed, India moved up three points in the global rankings in May.
CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS
Senior ICAS officer Ms. Bharati Das takes charge as 27th Controller General of Accounts
- Civil Accounts Service officer Ms. Bharati Das has been appointed as the 27th Controller General of Accounts (CGA) under the Department of Expenditure
- She has replaced Sonali Singh, who had been given the additional charge of CGA, after the superannuation of Mr. Dipak Dash.
About Ms. Bharati Das :
- Das is a 1988-batch Indian Civil Accounts Service (ICAS) officer.
- She has served as Principal Chief Controller of Accounts (Pr. CCA) Central Board of Direct Taxes and Ministries of External Affairs, Home Affairs.
About CGA :
- CGA is ‘the Principal Advisor’ on Accounting matters to the Union Government.
- CGA is responsible for establishing and managing a technically sound Management Accounting System and preparation & submission of the accounts of the Union Government
Shri Mallikarjun Kharge becomes 1st non-Gandhi Congress President in 24 years
- Shri Mapanna Mallikarjun Kharge, a staunch Gandhi family loyalist from Karnataka, has become the Congress’ first non-Gandhi president in 24 years.
- Shri Kharge secured 7,897 votes out of a total of 9,385 votes against Shashi Tharoor with 1,072 votes.
- He is the 98th and current president of the Indian National Congress
- He will take charge of Sonia Gandhi who had been serving as interim president after Rahul Gandhi stepped down from the post after the party faced a debacle in the 2019 Lok Sab.
- He is also the second AICC President from Karnataka after S Nijalingappa and also the second Dalit leader after Jagjivan Ram to hold the post.
About Shri Mallikarjun Kharge :
- Shri Mallikarjun Kharge was born in the Bidar district, Karnataka.
- He first contested the Karnataka State Assembly elections in 1972 and won from the Gurmitkal constituency.
- He was the President of the Karnataka Pradesh Congress Committee during the 2008 Karnataka State Assembly Elections.
- He has been a Member of Parliament, Rajya Sabha from Karnataka since 16 February 2021.
- He was also Leader of the Opposition in Rajya Sabha from 16 February 2021 to 01 October 2022.
- He was the Minister of Railways and Minister of Labour and Employment in the Government of India.
- He has won elections a record 10 consecutive times having won the Assembly elections an unprecedented 9 consecutive times (1972, 1978, 1983, 1985, 1989, 1994, 1999, 2004, 2008, 2009).
CURRENT AFFAIRS: ACQUISITIONS & MERGERS
Invesco sells a 5.5% stake in Zee for Rs 1,396 cr
- Invesco and OFI Global China along with other entities sold a 5.51% stake in Zee Entertainment Enterprises (ZEEL) for $169.5 million or up to Rs 1,396 crore in a block trade.
- According to data, it sold over 53 million shares for 263.7 each to raise Rs1,396 crore.
- Some of the purchases included Morgan Stanley, Citigroup, Bank of America, Abvendus, and ICICI Prudential Mutual Fund (MF).
- Before the investment, Invesco owned 10.14% of Zee.
- Zee shares increased 2.79 % to close at Rs270.65 on the BSE.
- The price for the deal was reported to be in the range of Rs 250 to Rs 263.7 per share.
- In April 2022, after withdrawing its demand for an extraordinary general meeting (EGM), Invesco sold a 7.74 pc stake in Zee Entertainment for Rs 2,092 crore.
About Invesco :
- Founded: 1978
- Headquarters: Atlanta, Georgia, United States
- Chairman: Rex Adams
- CEO: Martin L. Flanagan
- Invesco Ltd. is an American independent investment management company.
CURRENT AFFAIRS: DEFENCE NEWS
C-295 military aircraft manufacturing may take place in Gujarat
- Gujarat may get the first private aircraft manufacturing facility to realize ₹22,000 crores worth of deal the defense ministry had signed with European multinational aerospace corporation Airbus 2021 for the acquisition of 56 C-295 fixed wings
- The places figured out for establishing the final assembly line for C-295 are Dhalora and Baroda.
- The C-295s will replace the Indian Air Force’s (IAF’s) aging Averos.
- Under the contractual agreement signed in September of 2021, Airbus will deliver over 4 years the first 16 aircraft in ‘fly-away’ condition from its final assembly line in Seville, Spain.
- The remaining 40 aircraft will be manufactured and assembled by Tata Advanced Systems (TASL), the defense arm of Tatas, in
About MoD :
- Union Minister: Rajnath Singh
- Minister of State: Ajay Bhatt
- Defence Secretary: Dr. Ajay Kumar
CURRENT AFFAIRS: SCIENCE & TECHNOLOGY
IIT Madras develops touchscreen technology ‘i-Tad’ enables users to feel textures
- Indian Institute of Technology (IIT) researchers have developed a new touchscreen display technology ‘iTad,’ (interactive Touch Active Display) through which a user can feel the textures from images as the finger moves across the touch surface.
- It is the next generation in touch display technology.
- The research was led by Professor M Manivannan, CoE on Virtual Reality and Haptics, Department of Applied Mechanics, IIT Madras.
Key Highlights :
The key applications of ‘iTad’:
- Automotive, Consumer Electronics, and Digital Signage
- Home automation, medical, industrial, and gaming,
- Aid for the visually challenged, among other areas
- Through software, the researchers have enabled the creation of different on-screen textures such as crisp edges, switches, and smooth and
- Through a physical phenomenon called ‘electroadhesion’, the software controls the electric fields and modulates friction locally as the fingers travel across a smooth plane.
CURRENT AFFAIRS: SPORTS NEWS
Jyothi Yarraji becomes the first Indian woman to run under 13 seconds in the hurdles:
- Jyothi Yarraji, an Indian sprinter, made history by becoming the first Indian woman to run a sub-13s time to win the gold medal at the Nation Games 2022.
- Jyothi Yarraji of Andhra Pradesh set a new national record by winning the final in 12.79 seconds.
- Jyothi Yarraji had earlier won the women’s 100m gold, beating out sprinters like Dutee Chand and Hima Das.
- The National Open Athletics Championships 2022 are the season’s last senior domestic tournament, held at Bangalore’s Kanteerava Stadium.
- The five-day meet will include over 800 individuals from across the country competing in 47 medal events.
- Race walking (men’s and women’s), pole vault, discus throw, long jump, shot put, heptathlon, hurdles, javelin throw, and other events are included.
CURRENT AFFAIRS: BOOKS AND AUTHOR
Sahil Seth, an IRS official, releases his book ‘A muddled mind story.’:
- Sahil Seth, an Indian Revenue Service (IRS) Joint Commissioner GST, Customs, and Narcotics and a young influencer, has released his book titled ‘A Confused Mind Story.’
- In the presence of Union Health Minister Sh Mansukh L Mandaviya, the book was released and the first glance was revealed.
- Blue Rose Publishing House, one of India’s leading fiction, nonfiction, and poetry book publishers, published the book.
- The dichotomy between the spiritual and material worlds is central to the work.
- The book provides the answers to the common man’s daily bewilderment and reveals the rationale behind the meaning of life and belief system.
Regarding the book:
- The book is divided into 23 lifechanging chapters that cover topics such as explaining the divine god, beliefs and myths, the afterlife concept, the shunya concept, the science of god, destiny, or hard work. the genes theory the world of infinite memory, the placebo effect science behind prayers, and do hell or heaven exist? The existence of the world within us, where to find God mountain or forest?, the significance of Japa, and many other fascinating issues.
- All of these themes contribute to our understanding of the significance of spirituality in our lives.
CURRENT AFFAIRS: OBITUARIES
Father of ORS, Dr Dilip Mahalanabis passes away
- Renowned physician, Dr. Dilip Mahalanabis, who is also known as the father of oral rehydration therapy (ORT), passed away at 87 in Kolkata.
- He saved millions of lives with his Oral Rehydration Solution, popularly known as ORS.
- ORT was later known as ORS globally with the publication of his work in Johns Hopkins Medical Journal and
About Dr. Dilip Mahalanabis :
- Dilip Mahalanabis was born on 12 November 1934 in Kolkata.
- He was an Indian pediatrician known for his contribution to oral rehydration therapy to treat diarrheal diseases.
- Mahalanabis became the first Indian to be selected as registrar of the Queen Elizabeth Hospital for Children in
- He also served as the Director of Clinical Research at the International Centre for Diarrhoeal Disease Research (ICDDR, B), Bangladesh.
- In 1994, Mahalanabis was elected a foreign member of the Royal Swedish Academy of Sciences.
Awards & Honors :
- In 2002, Dr. Dilip Mahalanabis and Dr. Nathaniel F Pierce were jointly awarded the Pollin Prize by Columbia University for their contributions to the discovery and implementation of oral rehydration therapy
- In 2006 Mahalanabis, Dr. Richard A. Cash, and Dr. David Nalin were awarded the Prince Mahidol Prize, also for their role in the development and application of oral rehydration therapy.
About Oral rehydration therapy :
- ORT is a type of fluid replacement used to prevent and treat dehydration, especially due to diarrhea.
Daily CA on October 21:
- Police Commemoration Day 2022 is observed on the 21st of October 2022.
- For the marketing season 2023-24, the Union Cabinet approved an increase in the Minimum Support Price (MSP) for all Rabi Crops.
- India Gate, KRBL’s main brand, has been named the world’s No. 1 Basmati Rice Brand in a market survey done by a renowned global research firm.
- The first SemiconIndia FutureDesign roadshow in Gujarat was officially launched by Rajeev Chandrasekhar, Union state minister for electronics and information technology.
- Union Minister of Petroleum and Natural Gas Hardeep Singh Puri inaugurated Asia’s largest Compressed Bio Gas (CBG) plant in Lehragaga, in Punjab’s Sangrur
- Prime Minister Narendra Modi will inaugurate ‘Indian Urban Housing Conclave-2022’, IUHC2022, a three-day event being organized by the Ministry of Housing and Urban Affairs at Rajkot, Gujarat.
- In August, Mukesh Ambani’s Reliance Jio overtook the country’s largest landline service provider for the first time.
- According to the US government-funded NGO Freedom House, India’s internet freedom score climbed by two points to 51 in the overall ranking as a result of attempts to bridge the country’s digital gap.
- India falls three places in the Global Ranking for average mobile speed.
- Jyothi Yarraji, an Indian sprinter, made history by becoming the first Indian woman to run a sub-13s time to win the gold medal at the Nation Games 2022.
- Sahil Seth, an Indian Revenue Service (IRS) Joint Commissioner GST, Customs, and Narcotics and a young influencer, has released his book titled ‘A Confused Mind Story.’
- The One Health Joint Plan of Action (OH JPA) was launched by the Quadripartite comprising the Food and Agriculture Organization of the United Nations (FAO), the United Nations Environment Programme (UNEP), the World Health Organization (WHO), and the World Organisation for Animal Health (WOAH, founded as OIE).
- The Embassy of Japan, New Delhi, has filed an application seeking a Geographical Indication (GI) tag for nihonshu/Japanese sake, an alcoholic beverage.
- Fintech firm Cygnet Infotech Private Limited has received in-principle approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC) account aggregator.
- India’s leading payments and Application Programming Interface (API) banking solutions company, Cashfree Payments India Private Limited, has launched a card issuance stack with its new solution ‘Issuance’ to enable businesses such as fintech and platforms to launch prepaid cards and wallets for their customers, employees, and partners.
- India’s AI-driven financial wellness platform CASHe has partnered with Indian Railways Catering and Tourism Corporation (IRCTC) to provide a Travel Now Pay Later (TNPL) payment option on its travel app IRCTC Rail Connect.
- Civil Accounts Service officer Ms. Bharati Das has been appointed as the 27th Controller General of Accounts (CGA) under the Department of Expenditure
- Shri Mapanna Mallikarjun Kharge, a staunch Gandhi family loyalist from Karnataka, has become the Congress’ first non-Gandhi president in 24 years.
- Invesco and OFI Global China along with other entities sold a 5.51% stake in Zee Entertainment Enterprises (ZEEL) for $169.5 million or up to Rs 1,396 crore in a block trade.
- Gujarat may get the first private aircraft manufacturing facility to realize ₹22,000 crores worth of deal the defense ministry had signed with European multinational aerospace corporation Airbus 2021 for the acquisition of 56 C-295 fixed wings
- Indian Institute of Technology (IIT) researchers have developed a new touchscreen display technology ‘iTad,’ (interactive Touch Active Display) through which a user can feel the textures from images as the finger moves across the touch surface.
- Renowned physician, Dr. Dilip Mahalanabis, who is also known as the father of oral rehydration therapy (ORT), passed away at 87 in Kolkata.
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