KARNATAKA IDBI ECGC CURRENT AFFAIRS SNIPPETS 2ND SEPT 2022

 

CURRENT AFFAIRS SNIPPETS

02nd September 2022

 

 

National News

What is the significance of Chhatrapati Shivaji's seal used in the new Navy ensign?

Indian Navy's new ensign bears the seal of the Maratha emperor Chhatrapati Shivaji Maharaj, who is known to have laid the foundation for the modern Navy in India. The blue octagon encasing the National Emblem represents the eight directions, symbolising the Navy's "multidirectional reach and operational capability". The anchor depicted below the Emblem represents steadfastness, the Navy said.

 

Female employees to get 60-day leave in case of child's death soon after birth: Centre

All female central government employees will be entitled for 60 days special maternity leave in case of death of a child soon after birth, the Department of Personnel and Training (DoPT) said. The decision has been taken keeping in view the "potential emotional trauma" caused due to stillbirth or death of a child soon after birth, the department stated.

 

India's First Vaccine Against Cervical Cancer Launched

India is set to launch its first indigenously developed Quadrivalent Human Papillomavirus Vaccine (qHPV) against Cervical cancer with the help of the Serum Institute of India (SII) and the Department of Biotechnology (DBT) on 1st September 2022. The vaccine for Cervical cancer "CERVAVAC", will be launched by Union Minister of State Science and Technology Jitendra Singh. The vaccine is likely to cost around 200-400 per dose.  As per the government data, cervical cancer ranks number 2 for most prevalent cancer in India and also accounts for one-fourth of the world's cervical cancer deaths.

States News

Nuakhai Festival Being Celebrated in Western Odisha

Nuakhai is an annual harvest festival in Odisha. Nuakhai is celebrated to welcome the approaching new season and welcome the season's new rice. Nuakhai is celebrated a day after Ganesh Chaturthi, and it is one of the most awaited festivals in Odisha.  The festival is celebrated with Nabanna offering to Goddess Samaleswari during a particular time. Nuakhai is made of two words, Nua which means new, and Khai which means food.  The festival altogether means celebrating the season's new rice harvested by hardworking farmers. The people in the western part of Odisha celebrate Nuakhai with zeal and excitement.

Alappuzha Declared as the Fifth Full Digital Banking District

Alappuzha has become the fifth fully digital banking district in the state. A declaration was made by the Reserve bank of India Kerala and Lakshadweep Regional Director Thomas Mathew regarding this.  As a part of the initiative at least one digital transaction facility, such as a debit card. Internet banking, mobile banking, a unified payment interface, and many other facilities, has been enabled 26 lakh savings or current bank accounts in 29 banks in the districts.

 

INTERNATIONAL

 

G7 finance ministers agree on price cap on Russian oil

G7 finance ministers on Friday said they have agreed to implement a price cap on Russian oil to impede Moscow from attaining its objectives in its invasion of Ukraine. The G7 ministers attended a summit in Elmau, Germany. US Treasury Secretary Janet Yellen said the price cap will deliver a blow to Russian finances and hinder its operations in Ukraine.

Appointments News

Vasudha Gupta named as DG of News Services Division of AIR

Indian Information Service officer, Vasudha Gupta was appointed as the director general of the news services division of All India Radio. Gupta, who was director general in the Press Information Bureau, assumed charge of her new post immediately.  All India Radio Director General N Venudhar Reddy superannuated. Gupta played a key role in implementing the communication strategies of the government during the COVID-19 pandemic and also helmed the fact-checking unit to curb misinformation about the viral outbreak.  Rajesh Malhotra, Director General in the Press Information Bureau (PIB), was promoted to the rank of Principal Director General. Malhotra will continue to look after the publicity works of the finance ministry in the PIB.

Rajesh Kumar Srivastava, Interim New Chairman of ONGC 

Rajesh Kumar Srivastava has been appointed as the interim new Chairman and Managing Director (CMD) of the state-run Oil and Natural Gas Corporation Ltd (ONGC) by the Central Government. Rajesh Kumar Srivastava is the third interim Chief who has been appointed, as the government has not made any full-time appointment yet in 17 months.  Oil and Natural Gas Corporation Ltd or ONGC is an Indian oil and gas explorer and producer. ONGC was founded on 14th August 1956 by the Government of India. It is overseen by the Ministry of Petroleum and Natural Gas. It is also the largest Government-owned oil and gas exploration and production corporation in India.

Jasprit Bumrah Face of New-Age, Eco-Friendly Luggage Brand “Uppercase”

Jasprit Burmah has been signed as the Brand Ambassador of the "Uppercase" eco-friendly luggage brand. Jasprit Bumrah is managed by RISE Worldwide which is a Reliance Initiative and India's largest sports, and entertainment Company will lead the D2C brand's 'Never Ordinary' campaign.  The campaign 'Never Ordinary' is a series of creatives that tells the features and USPs of the Uppercase bags. The film showcases the Uppercase bags as a perfect choice that is eco-friendly in nature.

BANKING, BUSINESS AND ECONOMY

 

Who are the Indian-origin CEOs of some of the world's largest companies?

Laxman Narasimhan has been named the next CEO of Starbucks. Chanel, in December, named Leena Nair as its global CEO. Twitter named Parag Agrawal as its CEO in November. Sandeep Kataria became the first Indian to hold the post of Bata's global CEO. Sundar Pichai became Google CEO in 2015, while Satya Nadella was named Microsoft CEO in 2014.

 

Finance Ministry: GST collection rose 28% in August to Rs 1.43 trillion

The GST collection remained above the Rs 1.4-trillion mark for the sixth straight month in August and the ensuing festival season will help continue the trend.  The gross GST revenue collected in August 2022 is Rs 1.43 trillion of which CGST is Rs 24,710 crore, SGST is Rs 30,951 crore, IGST 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).

SBI Card launches 'cashback SBI Card' in India

Indian credit card issuer SBI Card has announced the launch of the ‘CASHBACK SBI Card’ in India. As the company claims CASHBACK SBI Card is the industry’s first Cashback-focused credit card that enables cardholders to earn 5 per cent cashback on all online spending without any merchant restrictions.  Consumers across India, including tier 2 and 3 cities, can easily get CASHBACK SBI Card instantly through the digital application platform ‘SBI Card SPRINT’.

LIC out of list of Top 10 valued Indian Companies, Replaced by Bajaj and Adani Transmission

Life Insurance Company (LIC) is out of the top 10 companies by market capitalization as it has been replaced by Bajaj Finance and Adani Transmission. LIC has dropped to 11th position in the list, Bajaj Finance at 10th, and Adani Transmission at 9th position.  Adani Transmission entered the top 10 list with a market value of ₹4.43 lakh crore on the BSE, which is higher than Bajaj Finance's total mcap of ₹4.42 lakh crore and LIC's ₹4.26 lakh crore.  Reliance Industries Limited (RIL) is on the top of the list of valued Indian Companies with a market capitalization of ₹17.8 lakh crore, followed by Tata Consultancy Services (TCS), HDFC Bank, Infosys, Hindustan Unilever (HUL), ICICI Bank and State Bank of India (SBI).

Books and Authors News

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

Minister of State for AYUSH, Dr Munjpara Mahendrabhai Kalubhai has released a book titled “Science Behind Surya Namaskar” a collection of evidence-based research on one of the most well-known Yoga asanas at the AIIA.  The book was compiled by the All-India Institute of Ayurveda (AIIA) department of Swasthavritta and Yoga, at AIIA. The book is a collection of evidence-based research on one of the most well-known Yoga asanas at the AIIA.  Dr Kalubhai also inaugurated the new Panchakarma Room in the Hospital block and flagged off an e-rickshaw and a public ambulance for AIIA.

Sports News

FIFA U-17 Women’s World Cup: VAR technology to make debut in India

The upcoming Under-17 Women's World Cup 2022 in India will see the Video Assistant Referee (VAR) technology making its debut in the age-group showpiece, world football governing body FIFA announced.  The prestigious tournament, which was given the go-ahead by FIFA after lifting the 11-day-long suspension of the All India Football Federation (AIFF), will be held in Bhubaneswar (Kalinga Stadium), Margao (JLN Stadium) and Navi Mumbai (DY Patil Stadium) from October 11-30.

Schemes News

5th Rashtriya Poshan Maah 2022 celebrating from Sep 1 to 30th September

Ministry of Women and Child Development is celebrating the 5th Rashtriya Poshan Maah 2022 across the nation from 1st September till 30th September. Rashtriya Poshan Maah serves as a platform to bring focus to the discourse of nutrition and good health.  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 fulfil the Prime Minister's vision of a Suposhit Bharat. The Central Theme of Poshan Maah 2022 is “Mahila aur Swasthya” and “Bacha aur Shiksha”.  Poshan Maah is being celebrated as part of the POSHAN Abhiyaan, the Central Government’s flagship programme which aims to improve nutritional outcomes for children under 6 years of age, pregnant women and lactating mothers.  As part of the 5th Rashtriya Poshan Maah, the ministry plans to rope in the Gram Panchayats as Poshan Panchayats with the key focus on Women’s Health and Children’s Education.

Important Days

World Coconut Day 2022 observed on 2nd September

World Coconut Day is celebrated on 2nd September every year. The day is observed to emphasise and spread knowledge of the value and advantages of coconuts. The coconut palm is often called the ‘tree of life’ owing to its versatile use in food, fuel, medicine, cosmetics, building materials, and various other uses.  The International Coconut Community selects the World Coconut Day themes. The World Coconut Day theme for this year is “Growing Coconut for a Better Future and Life".  The Asia Pacific Coconut Community(APCC) was established on 2nd September 1969. In 2009 Asia Pacific Coconut Community announced that, the first world coconut day was celebrated on September 2, 2009, by the Asia Pacific Coconut Community (APCC).

Miscellaneous News

Kartik Aaryan-starrer 'Bhool Bhulaiyaa 2' is getting a comic book adaptation

Kartik Aaryan-starrer "Bhool Bhulaiyaa 2" will be adapted into a comic book series. Production houses T-Series and Cine1Studios have teamed up with Diamond Comics, India's iconic comic book distributor and publisher, to bring 'Rooh Baba Ki Bhool Bhulaiyaa', based on Aaryan's character, to the young audience.  The comic book’s key visual features Kartik Aaryan as Rooh Baba. The poster also stars the iconic characters from Diamond Comics. Shaktimaan and Chacha Chaudhary can be seen on the left side of Rooh Baba, while on the right side, Sabu is also illustrated on the comic book cover. Motu and Patlu are also showcased in the key visual. 

 

@@@@@