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16th August 2022

 

 

National News

Centre considering transfer of 4 Gujarat villages to UT of Dadra

The Union Home Ministry is holding discussions to transfer four villages and a piece of land from Gujarat to the Union Territory of Dadra and Nagar Haveli and Daman and Diu. Meghval, Nagar, Raymal and Madhuban villages in South Gujarat are more accessible from Diu. The Union Territory has demanded the land in Saurashtra to develop a fishing port.

Tamil Nadu's DMK moves SC, challenges definition of 'freebies'

Tamil Nadu's ruling party DMK on Tuesday moved SC, challenging the definition of 'freebies'. The court is hearing a petition that has challenged the promise of freebies at election time, contending that the practice can bring financial ruin on a state. The DMK argued that free services are introduced with an intent to secure a "social order and economic justice".

Maha govt announces singing of national anthem at 11 am on Wed

The Maharashtra government has announced a collective singing of the national anthem at 11 am on Wednesday (August 17) across the state. As per the government resolution, participation is mandatory for government and private schools, colleges, educational institutes, university teachers and students. Further, the government has appealed to everyone from the state to join the event.

World's Highest Chenab Railway Bridge Inaugurated 

The golden joint of the world's highest railway bridge over River Chenab was inaugurated. For the first time ever since independence, Srinagar will be linked to the rest of India after the overarch deck on the world's highest single-arch railway bridge over River Chenab.  The bridge will be 35 meters higher than the Eiffel Tower. Chenab Bridge was a famous bridge with intricate engineering that had to overcome several challenges.  The geology, the harsh terrain, and the hostile environment were just a few of the challenges that the engineers and railway officials had to overcome to get to this point.

Arunachal’s 3rd Airport Named ‘Donyi Polo Airport’

The third airport in Arunachal Pradesh, which is now under construction in Itanagar, the state capital, has been given the name "Donyi Polo Airport" by the Arunachal Pradesh administration.  According to a representative of the Chief Minister's Office, the state cabinet adopted "Donyi Polo Airport" as the name of the airport at its meeting. Pema Khandu, the chief minister of Arunachal Pradesh, presided over the gathering.  The name of the only airport in the capital city, according to the official, would represent the long-standing customs and rich cultural legacy of the tribally dominant state and would also reflect the long-standing indigenous respect for the Sun (Donyi) and the Moon (Polo) among the populace.

Kolkata To Host 23rd Edition Of India International Seafood Show(IISS)

Marine Products Export Development Authority (MPEDA) in association with the Seafood Exporters' Association of India (SEAI) will hold the 23rd edition of India International Seafood Show (IISS) in Kolkata, the City of Joy from February 15 to 7 next year.  During 2021-22, India exported 13,69,264 tonnes of marine products worth US$ 7.76 billion, registering an all-time high export by value, while production of shrimp crossed one million MT.  With a multipronged strategy, addressing capture fisheries and aquaculture, the export turnover is likely to achieve US$ 15 billion in next five years.

Appointments News

IAS Piyush Goyal named NATGRID CEO by the Union government

IAS officer of the Nagaland cadre, Piyush Goyal has been appointed by the Central Government as the new CEO of NATGRID (National Intelligence Grid). Along with this, the Central Government has also issued an order to post 26 other officers on the post of Additional Secretary.  Piyush Goyal is currently serving as Additional Secretary in the Union Home Ministry. NATGRID is the central organization for intelligence gathering with the aim of enhancing India's counter-terrorism capabilities.

INTERNATIONAL
Russia fines Twitch ₹25.9 crore over 31-second 'fake' Ukraine clip

A Russian court has fined California-based streaming service Twitch two million roubles (₹25.9 crore) for allegedly hosting "fake" content related to its military campaign in Ukraine, local media reported. As per the reports, the court accused Twitch of failing to remove a 31-second clip of a girl from the Ukrainian town of Bucha. The content of the video wasn't specified.

 

 

BANKING,BUSINESS AND ECONOMY

Which 15 Indian companies have reached ₹4 trillion in m-cap?

Adani Transmission today became the 15th Indian company to reach ₹4 trillion in m-cap. It's the second Adani Group firm after Adani Green Energy to attain the milestone. Other Indian companies to reach ₹4 trillion in m-cap include Reliance Industries, TCS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, LIC, HDFC, SBI, Bajaj Finance, Bharti Airtel, Kotak Mahindra Bank and ITC.

Adani Transmission becomes 15th Indian firm to cross ₹4 trillion in m-cap

Adani Transmission on Tuesday hit ₹4 trillion in market capitalisation for the first time after its shares rallied over 104% in 2022. It is the 15th Indian listed firm and the second Adani Group company to achieve this milestone. Adani Green Energy had become the first Adani Group company to reach ₹4 trillion in m-cap earlier this year.

Fintech unicorn Razorpay acquires POS machines provider Ezetap

Razorpay, the B2B payments aggregator and neo-banking platform, has acquired point-of-sale (POS) machines provider Ezetap in a mix of primary and secondary transactions. With 80% stake in the parent company of Ezetap, this is Razorpay's fifth acquisition in four years. According to regulatory filings, Bengaluru-based Ezetap's early investor, Helion Ventures still has minority stake in the company.

 

State Bank of India launched "Utsav fixed deposit scheme"

The largest lender in the nation, State Bank of India (SBI) has introduced a unique term deposit programme called "Utsav Deposit Scheme".  This fixed deposit scheme has higher interest rates and is only available for a limited time. This programme is introduced on the occasion of the nation's 76th year of Independence, celebrated as Azadi Ka Amrit Mahotsav.  SBI is offering an interest rate of 6.10% per annum on fixed deposits with a tenure of 1000 days. And senior citizens will be eligible to get an additional interest rate of 0.50% over and above the regular rate.  These rates are effective as of 15th August 2022 and the scheme is valid for a period of 75 days.

Kotak Mahindra Bank launched “Kotak Crème” lifestyle-focused corporate salary account

Kotak Mahindra Bank has launched a lifestyle-focused salary account named "Kotak Creme". This account will offer an upgraded experience to its customers working in MNCs, retails, law firms, unicorns etc.  The account will be available to all corporates in India and will also come with a host of privileges and rewards across lifestyle, travel, healthcare, dining, skilling and learning experiences.  The account holder can avail of complimentary airport lounge access and also gift Privy League privileges to their family members. Kotak Crème also offers subscriptions to top lifestyle brands offering Health & Wellness, Lifestyle, Entertainment, Knowledge/Learning & Fitness experiences.

Awards News

107 Gallantry awards announced for Armed Forces and CAPF personnel

President of India, Droupadi Murmu has approved 107 Gallantry awards to Armed Forces and Central Armed Police Forces personnel on the occasion of Independence Day 2022.  The awards include three Kirti Chakra, 13 Shaurya Chakras, two bar to Sena Medals (gallantry), 81 Sena Medals (gallantry), one Nao Sena Medal (gallantry) and seven Vayu Sena Medals (gallantry).

Indian Film Festival of Melbourne (IFFM) Awards 2022 announced

The 13th edition of the Indian Film Festival of Melbourne (IFFM) 2022 began on August 12 and will conclude on August 30.  The event, held annually in Australia, celebrates the Indian film industry by screening some of the most prominent and acclaimed films, TV shows, and web series from the country.  One of the highlights of the festival is the awards night, where select awards are given to the best performers from Indian cinema and the OTT scene from the previous year.

 

Check out the full list of winners from the Indian Film Festival of Melbourne 2022 awards:

 

S.no.	Category	Winners
1.	Best Film	83
2.	Best Director	Shoojit Sircar (Sardar Udham) and Aparna Sen (The Rapist)
3.	Best Actor	Ranveer Singh (83)
4.	Best Actress	Shefali Shah (Jalsa)
5.	Best Series	Mumbai Diaries
6.	Best Actor in a Series	Mohit Raina (Mumbai Diaries 26/11)
7.	Best Actress in a Series	Sakshi Tanwar (Mai)
8.	Best Indie Film	Jaggi
9.	Best Film from the Subcontinent	Joyland
10.	Lifetime Achievement Award	Kapil Dev
11.	Disruptor in Cinema Award	Vaani Kapoor (Chandigarh Kare Aashiqui)
12.	Equality in Cinema Award	Jalsa
13.	Leadership in Cinema Award	Abhishek Bachchan

Sports News

17-year-old Indian Grandmaster Praggnanandhaa defeats junior world number 1 Firouzja

India's 17-year-old Grandmaster Praggnanandhaa opened his campaign in the FTX Crypto Cup by defeating the junior world number one Alireza Firouzja. Praggnanandhaa won the four-game tie 2.5-1.5. He registered victories in the opening and the third game. He lost the second game, while the fourth game ended in a draw. He picked up three points for beating Firouzja.

 

FIFA suspends All India Football Federation (AIFF)

The Bureau of the FIFA Council has unanimously decided to suspend the All India Football Federation (AIFF) with immediate effect due to undue influence from third parties, which constitutes a serious violation of the FIFA Statutes.  The suspension will be lifted once an order to set up a committee of administrators to assume the powers of the AIFF Executive Committee has been repealed and the AIFF administration regains full control of the AIFFs.  The suspension means that the FIFA U-17 Women’s World Cup 2022™, scheduled to take place in India on 11-30 October 2022, cannot currently be held in India as planned.

Obituaries News

Malayalam actor Nedumbram Gopi dies at 85

Veteran Malayalam actor Nedumbram Gopi, 85, passed away on Tuesday due to age-related ailments. He made his acting debut with the award-winning film 'Kazhcha', which also starred Mammooty in the lead role. In the Blessy directorial, Nedumbram Gopi played the role of a father and a grandfather for which he received wide appreciation.

Indian American journalist Uma Pemmaraju passes away

An Indian American journalist, Uma Pemmaraju has passed away at the age of 64. She was a part of various shows such as The Fox Report, Fox News Live, Fox News Now, and Fox On Trends. She has been awarded many Emmy Awards in her career for investigative reporting and journalism.  Pemmaraju paved the way for Indian American journalists in the field of investigative reporting by receiving many Emmy Awards over the span of her career. The Big Sisters Organization of America awarded her The Woman of Achievement Award.

Miscellaneous News

Indian Railway Protection Force Launched "Operation Yatri Suraksha"

Indian Railway Protection Force (RPF), have launched a pan-India operation known as Operation Yatri Suraksha.  Under this initiative, several steps are taken to provide round-the-clock security to passengers. To kickstart Operation Yatri Suraksha, the RPF launched a month-long pan-India drive against criminals who loot passengers in July 2022.  During the drive, the RPF caught 365 suspects who were handed over to the concerned GRPs for legal action.

Ramsar sites: 11 more Indian wetlands have got Ramsar recognition

India has added 11 more wetlands to the list of Ramsar sites to make a total of 75 such sites covering an area of 13,26,677 hectares in the country. 75 Ramsar Sites in 75th Year of Independence India.  The 11 new sites designated as Ramsar sites included: four sites in Tamil Nadu, three in Odisha, two in Jammu and Kashmir and one each in Madhya Pradesh and Maharashtra.

The 11 Indian wetlands which have been designated as new Ramsar sites:

Tampara Lake in Odisha;

Hirakud Reservoir in Odisha;

Ansupa Lake in Odisha;

Yashwant Sagar in Madhya Pradesh;

Chitrangudi Bird Sanctuary in Tamil Nadu;

Suchindram Theroor Wetland Complex in Tamil Nadu;

Vaduvur Bird Sanctuary in Tamil Nadu;

Kanjirankulam Bird Sanctuary in Tamil Nadu;

Thane Creek in Maharashtra;

Hygam Wetland Conservation Reserve in Jammu and Kashmir;

Shallbugh Wetland Conservation Reserve in Jammu and Kashmir. 

 

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