National & International Appointments
1. Govt appoints Rajesh Kumar Srivastava as interim chairman of ONGC
- ONGC has appointed interim chairman in Rajesh Kumar Srivastava for a period of 4 months with effect from September 1, 2022, to December 31, 2022 (i.e the date of his superannuation) or until further orders, whichever is the earliest.
- He is the senior-most director on the ONGC board.
- He has been given additional charge of chairman and managing director after current acting head Alka Mittal has been superannuated.
- ONGC founded: 14 August 1956
- ONGC HQ: New Delhi
Banking & Finance
2. HSBC India collaborates with AFI to support future female athletes
- Athletics Federation of India (AFI) has joined hands with HSBC India to support women athletes of the country.
- Under the partnership, promising girl athletes will be selected from the National Inter District Championships for U-14 and U- 16 categories.
- Special coaching camps would be set up for the selected athletes and nurtured them to perform on the global platform.
- Attended by: Anju Bobby George, Priyanka Goswami, Annu Rani and Hima Das
- HSBC India CEO: Hitendra Dave
Banking & Finance
3. India GDP increases by 13.5% in Q1 FY23
- As per the official data, Indian economy has been grown by 13.5% in the April-June period 2022, this is the fastest in the last four quarters.
- Reason: Better performance by the agriculture and services sectors.
- India has also remained the fastest growing major economy as China registered economic growth of 0.4% in the April-June 2022 quarter.
- As per the data released by the National Statistical Office, the Indian economy has been grown by 20.1% in April-June 2021-22.
Banking & Finance
4. India Inc's foreign investment declines over 50% in July
- As of 31st August 2022, as per the RBI data, the India Inc's foreign direct investment has been declined over 50% to $1.11 billion in July 2022
- The domestic firms had invested over $2.56 billion on Outward Foreign Direct Investment in July 2021 in the form of equity, loan and issuances of guarantees
- The Indian businesses has invested $579.15 million by equity infusion, $193.21 million as loans and $337.49 million infused by issuing guarantees to their overseas ventures
Banking & Finance
5. Kerala's Alappuzha declared full digital banking district
- RBI Kerala and Lakshadweep Regional Director, Thomas Mathew has declared that Alappuzha has become the fifth fully digital banking district in Kerala.
- Four Kerala districts: Thrissur, Kottayam, Palakkad and Kasaragod
- The project was initiated by the RBI with the support of the State Level Bankers’ Committee and respective district administrations as part of the Digital India project.
- As part of the initiative, at least one digital transaction facility has been enabled.
Banking & Finance
6. All-India house price index increased by 3.5% in Q1 of 2022-23
- As per the data released by RBI, during the first quarter of 2022-23, the pricing index for homes in India has been grown by 3.5% year-on-year.
- The all-India house price index (HPI) is a quarterly release done by the central bank.
- This index is based on transaction-level data obtained from the housing registration authorities in 10 major cities in the country.
- The cities are: Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai.
National Affairs
7. Indian Railways installed 'Meghdoot' machines in Mumbai railway stations
- The Central Railways has set up atmospheric water generators (AWG), Meghdoot in six railway stations in Mumbai, Maharashtra.
- With the help this, machine can directly harvest water from the air and the commuters can refill their bottles for Rs 12 per litre and Rs 8 for 500 ml.
- The Railways has already installed 17 kiosks across six major stations, including five each at CSMT and Dadar, four at Thane, and one each at Kurla, Ghatkopar and Vikhroli.
Science & Technology
8. CERT-In conducts exercise Cyber Security Exercise “Synergy”
- Indian Computer Emergency Response Team (CERT-In) has collaborated with the Cyber Security Agency of Singapore to design and conduct 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 National Security Council Secretariat.
- Theme: “Building Network Resiliency to counter Ransomware Attacks”.
Agreement
9. India approves MoU with Nepal on biodiversity conservation
- Cabinet has approved an MoU with the Government of Nepal on biodiversity conservation to strengthen and enhance coordination and cooperation in the field of forests, biodiversity conservation, and climate change.
- This MoU also aims the restoration of corridors and interlinking areas and sharing of knowledge and best practices, between the two countries.
- Minister of Environment, Forest and Climate Change: Bhupender Yadav
- MoS, Environment: Ashwini Kumar Choubey
Obituaries
10. Former Soviet leader Mikhail Gorbachev passes away
- The former Soviet leader, Mikhail Gorbachev has been passed away at the age of 91 after a serious and protracted disease.
- He had served as the general secretary of the Soviet Communist Party and de facto leader of the country in 1985.
- He had been honoured with the Nobel Peace Prize in 1990 for negotiating a historic nuclear arms pact with US leader Ronald Reagan.
- He was the youngest member of the ruling council known as the Politburo.
Important Dates
11. National Nutrition Week 2022: 1st to 7th September
- India has observed National Nutrition week from September 1 to September 7 every year to make people aware about the adequate nutrition in food while enjoying the different flavours of Indian cuisine.
- The theme of National Nutrition Week 2022 is to ‘Celebrate a World of Flavours.’
- An annual week-long celebration has been organised by the Food and Nutrition Board of the Government of India’s Ministry of Women and Child Development.
Defense
12. HM Amit Shah to launch “CAPF eAwas” web-portal
- HM, Amit Shah has launched the Central Armed Police Forces' eAwas web-portal to operationalise the revised policy of allotment and bring transparency to the allotment process.
- The web-portal will enable online registration and allotment of residential quarters to eligible personnel of CAPFs and Assam Rifles.
- CAPF has been classified into three major categories: Border Guarding Forces; Forces for Internal Security; and Special Task Force
National & International Appointments
13. Government appoints Nagesh Singh as India’s ambassador to Thailand
- Nagesh Singh has been appointed as next ambassador of India to Thailand.
- He is presently Joint Secretary in the Ministry of External Affairs.
- He will replace ambassador, Suchitra Durai and is expected to take up the assignment shortly.
- Nagesh Singh is a 1995 batch officer of the Indian Foreign Service (IFS) who has served as Consul General of India in Atlanta.
- Thailand Capital: Bangkok; Currency: Thai Baht
State Affairs
14. Delhi CM Kejriwal launches virtual school
- Delhi Chief Minister, Arvind Kejriwal has launched the India's first Delhi Model Virtual School.
- The school will be for classes IX to XII and will be affiliated to the Delhi Board of School Education.
- The platform was created by two globally recognised organisations, Google and Schoolnet India.
- Virtual school teachers have received special training to conduct online classes.
- The platform will also provide students access to a huge digital library and the content.
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