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Current Affairs 8 December 2021

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Current Affairs 8 Nov 2021 EnglishWe are here for you to provide the important Recent and Latest Current Affairs 8 December 2021, which have unique updates of Latest Current Affairs 2021 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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NATIONAL AFFAIRS

SBM-U 2.0 Launched Swachh Technology Challenge for Entrepreneurial Skills in Waste Management SectorSwachh Technology Challenge launched to Create an Innovations’ Ecosystem in Waste Management
i.On December 6, 2021, Swachh Technology Challenge was launched by the Ministry of Housing and Urban Affairs‘ (MoHUA) Swachh Bharat Mission-Urban 2.0 (SBM-U 2.0) during a virtual launch occasion.
ii.The challenge seeks entrepreneurial skills for India’s waste management sector that can be further utilized by the Urban Local Bodies (ULBs) in implementing various components of SBM-U 2.0.
iii.MoHUA will also launch the Swachhata Start-Up Challenge in collaboration with France’s AgenceFrançaise de Développement (AFD). It will be an extension to the Swachh Technology Challenge in January 2022.
About Ministry of Housing and Urban Affairs (MoHUA):
Union Minister– Hardeep Singh Puri (Constituency – Uttar Pradesh)
Minister of State (MoS)– Kaushal Kishore (Constituency – Mohanlalganj, Uttar Pradesh)
>>Read Full News

Highlights of Russian President Vladimir Putin’s visit to India on December 6, 2021Highlights of Russia’s President Vladimir Putin visit to India on December 6President of the Russian Federation H.E. Vladimir Putin paid an official visit to India, New Delhi on 6 December 2021 for the 21st India–Russia Annual Summit.
Key Points:
i.Putin and PM Modi held the 21st India-Russia summit, to further enhance the special and privileged strategic partnership between the two countries.

  • The Annual Summit was not held in 2020 due to the COVID-19. Both sides exchanged views over the bilateral cooperation over COVID-19 especially with respect to ‘Sputnik-V’ vaccine.

ii.The first 2+2 Ministerial Dialogue between Russia and India at the level of Foreign and Defence Ministers was held at the Sushma Swaraj Bhawan, Delhi.

  • External Affairs Minister (EAM) S Jaishankar and Defence Minister Rajnath Singh had discussions with their Russian counterparts Sergey Lavrov and Sergey Shoigu at the dialogue under the framework of the India-Russia Inter-Governmental Commission on Military and Military-Technical Cooperation (IRIGC-M&MTC).

iii.Indian PM met with the Russian President and signed 28 MoUs (Memorandum of Understanding) across a wide range of sectors including trade, energy, culture, intellectual property accountancy and education.
iv.India has also begun to receive S-400 missiles from Russia and Russia has also started delivering the S-400 missile systems to India  in December 2021.
v.Both nations also signed an agreement for the joint production of 6,01,427 assault rifles AK-203 through Indo-Russia Rifles Pvt Ltd, in Uttar Pradesh’s Amethi (in the town of Korwa) under the military-technical cooperation arrangement for 10 years (2021-31).
About Russia:
Capital – Moscow
Currency – Russian ruble
President – Vladimir Putin
Prime Minister – Mikhail Mishustin
>>Read Full News

Kazhuveli Wetland declared as 16th Bird Sanctuary of Tamil Nadu

Kazhuveli wetland in Tamil Nadu declared bird sanctuaryThe Kazhuveli wetland situated in Villupuram district of Tamil Nadu has been declared as the 16th Bird Sanctuary by Surpiya Sahu, Environment and Forest Secretary, at the Minister of Environment Forest and Climate Change (MoEFCC).

  • The declaration was made under subsection (1) of section 18 of the Wildlife (Protection) Act, 1972.
  • The Kazhuveli wetlands is referred to as the 2nd largest Brackish Water Lake in South India, only after Pulicat lake.

i.The recognition was first proposed by the Principal Chief Conservator of Forest and Chief WildLife Warden, Shekar Kumar Niraj.
About Tamil Nadu:
Wildlife Sanctuary- Gangaikondan Spotted Deer Sanctuary, Cauvery North Wildlife Sanctuary, Nellai Wildlife Sanctuary
Festival– Chithirai Thiruvizha, Karthigai Deepam
>>Read Full News

CSE & NITI Aayog Releases ‘Waste-wise Cities- Best Practices in Municipal Solid Waste Management’ reportNITI Aayog and CSE release ‘Waste-wise cities’

On 6th December NITI (National Institute for Transforming India) Aayog and Centre for Science and Environment (CSE) released a report titled ‘Waste-wise Cities: Best practices in municipal solid waste management’, a comprehensive knowledge on India’s solid waste management.

  • It was released by NITI Aayog vice chairperson Rajiv Kumar, CEO Amitabh Kant and special secretary K Rajeswara Rao, along with Sunita Narain, director general, Centre for Science and Environment (CSE).

Key Highlights:
i.The Report documents best practices of solid waste management from 28 cities in 15 states of India.
ii.The new report is the result of 5 months of extensive research jointly conducted by NITI Aayog and CSE, initiated in July 2021.
iii.The report contains, source segregation, material recovery and technological innovations to the management of different kinds of wastes and systems such as biodegradables, plastics, Electronic-waste (e-waste), Construction & Demolition (C&D) waste and landfills.
About NITI (National Institute for Transforming India) Aayog:
Chairperson – Prime Minister of India (Currently – Narendra Modi)
Established – 1st January 2015
Headquarters – New Delhi, Delhi

Minister of SJE Dr Virendra Kumar Launched ‘Shreshtha Yojna’ and National Fellowship Management and Grievance Redressal PortalVirendra Kumar Launches ‘Shreshtha Yojna’On the occasion of the Mahaparinirvana Diwas 2021(6th December), Union Minister for Social Justice and Empowerment(SJE), Dr Virendra Kumar participated in the event organised by Dr Ambedkar Foundation at Dr Ambedkar International Center, New Delhi campus and launched the ‘Shreshtha Yojna’ and National Fellowship Management and Grievance Redressal Portal during the event.

  • He also paid floral tribute to Dr Bhimrao Ramji Ambedkar at the Dr Ambedkar National Memorial, New Delhi.

About Ministry of Social Justice and Empowerment(MoSJE):
Union Minister– Dr Virendra Kumar(Constituency- Tikamgarh, Madhya Pradesh)
Minister of State– A. Narayanaswamy(Constituency- Chitradurga, Karnataka) and Pratima Bhoumik(Constituency- Tripura West, Tripura), Ramdas Athawale(Rajya Sabha- Maharashtra)
>>Read Full News

MoHUA & UNDP Signed MoU for Strengthening Waste Management Sector in India Under SBM-U 2.0 
Ministry of Housing and Urban Affairs (MoHUA) and the United Nations Development Programme (UNDP) India has signed a Memorandum of Understanding (MoU), operational for a period of 5 years (2021-26), to strengthen the waste management sector in India under the Swachh Bharat Mission- Urban 2.0 (SBM-U 2.0).

  • This collaboration is in the backdrop of the 75th year of India’s independence, the Azadi Ka Amrit Mahotsav, with UNDP supporting us with the set up and operationalization of 75 Swachhata Kendras across the country.
  • This will also support the realization of the vision, ‘Clean Air, Clean Water, Clean Land’ in urban India, through a circular economy approach based on the 3R (reduce, reuse, recycle) principle.

Signatories:
The MoU was signed by Roopa Mishra, Joint Secretary and National Mission Director, Swachh Bharat Mission-Urban (SBM-U) representing MoHUA and Shoko Noda, Resident Representative, representing UNDP India in the presence of Durga Shanker Mishra, Secretary, MoHUA.
Features of the MoU:
i.This MoU marks the beginning of the collaboration between MoHUA and UNDP India to strengthen the collection, segregation, recovery and recycling of all kinds of non-biodegradable waste, and integrated plastic waste management under SBM-U 2.0.
ii.Under this MoU, UNDP India will also facilitate the establishment of 75 Smart Swachhata Kendras across India, working with local partners and Urban Local Bodies (ULBs).
iii.In line with the SBM-U 2.0’s objective of sanitation and waste workers’ welfare, this will focus on integrating informal waste pickers (Safai  Saathis) and linking them to various welfare schemes of the Government of India.
iv.The MoHUA – UNDP model will also utilise digital enablers like Artificial Intelligence(AI) and Machine Learning to digitize the waste flow and streamline activities in the Swachhata Kendras.
Key points:
Swachh Bharat Mission-Urban launched in 2014 focuses on Solid waste management.
Focusing on source segregation and scientific processing of municipal solid waste, the waste processing capacity in India has gone up by nearly 4 times, from 18% in 2014, to 70% as on date.
About Ministry of Housing and Urban Affairs (MoHUA):
Union Minister– Hardeep Singh Puri (Rajya Sabha- Uttar Pradesh)
Minister of State– Kaushal Kishore (Constituency- Mohanlalganj, Uttar Pradesh)

INTERNATIONAL AFFAIRS

HAL, BEL, Indian Ordnance Factories Ranked among SIPRI Top 100 Arms-Producing Companies 2020HAL, BEL, Indian Ordnance Factories among top 100 global arms manufacturers in 2020As per the report of Swedish think-tank Stockholm International Peace Research Institute (SIPRI) titled ‘Top 100 arms-producing and military services companies, 2020’, 3 Indian defence manufactures companies such as Hindustan Aeronautics Limited (HAL),  Indian Ordnance Factories, and Bharat Electronics Limited (BEL) ranks among the top 100 manufacturers globally.

  • The HAL, ranked 42nd, and BEL, ranked 66th, Indian Ordnance Factories ranked 60th.
  • Out of the top 100 Arms Manufacturing Companies, Companies from India contributes for 1.2 percent of total arms sales of companies in the SIPRI Top 100 for 2020. US contributes for highest part of 54 percent.
  • India’s aggregated arms sales in 2020 was about $6.5 billion, and it was 1.7 percent higher than in 2019.

Top arms-producing and military services companies in the world, 2020:

 

Rank 

 

Company

 

Country

Arms

sales, 2020

(in million US$)

Change in

arms sales,

2019–20 (%)

42  HAL India 2970 1.5
60  Indian Ordnance Factories  

India

1900 0.2
66  BEL India 1630 4.0
1 Lockheed Martin Corp. United States (US) 58210 7.7
2 Raytheon Technologies US 36780 -5.7
3 Boeing US 32130 -5.8


About SIPRI:
Establishment – 1966
Headquarters – Solna, Sweden
Director – Dan Smith
>>Read Full News

BANKING & FINANCE

PayPhi: 1st certified tokenization service for NTS to support tokenization of RuPay cardsPayPhi Launches Tokenization Service for Indian Businesses on RuPay

On the lines of the guidelines issued by Reserve Bank of India (RBI) in September 2021 regarding tokenization of cards during online transactions, NPCI announced the launch of NPCI Tokenization system (NTS). In this regard, PayPhi, Phi Commerce’s API (Application programming interface) first digital payments platform, became the first certified tokenization service for NTS supporting tokenization of RuPay cards.

  • Tokenization of cards as an alternate to storing card details with merchants.

What are RBI Guidelines for tokenization?
RBI mandated to store customer’s card information in the form of an encrypted form i.e. Token Reference On File (TROF) to secure transactions. TROF turns sensitive cardholder data into randomly generated 16 digit numbers called “token” with no meaningful value, if breached. These tokens then allow payments to be processed without disclosing any customer details.

  • Therefore this mandate disallows businesses, payment aggregators, and acquiring banks from storing customers’ credit/debit/prepaid card information.
  • All stakeholders are required to ensure full compliance with the tokenization framework by December 31, 2021.

How does PayPhi Tokenization service work?
NPCI’s NTS platform enables PayPhi Tokenization service to provide partner merchants and aggregators with TROF. Thus, instead of the card number, TROF is stored at the merchant/payment gateway end and will be used in all subsequent transactions thereby adhering to RBI guidelines.

  • PayPhi Tokenization service will manage all aspects of tokenization for RuPay cards – from requesting TROF, to facilitating transactions as well as life cycle management, all can be managed via a single solution.

About National Payments Corporation of India (NPCI):
It is an umbrella organization for operating retail payments and settlement systems in India.
Establishment– 2008
MD & CEO– Dilip Asbe
Headquarter– Mumbai, Maharashtra

RBI Imposes Restrictions on Nagar Urban Co-operative BankRBI imposes curbs on Nagar Urban Co-op BankOn 6th December 2021, The Reserve Bank of India (RBI) imposed several restrictions on Nagar Urban Co-operative Bank Ltd, Ahmednagar, Maharashtra, including restriction on withdrawals upto Rs. 10,000 for customers.

  • RBI has issued the directions in the exercise of powers vested in it under subsection (1) of Section 35 A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949 for six months.
  • RBI also pointed out that the restrictions are not subject to cancellation of the banking licence by RBI.

Key Highlights:
i.The bank shall not, without prior approval of RBI, grant or renew any loans and advances, make any investment, incur any liability, disburse any payment, transfer or otherwise dispose of any of its properties or assets.
ii.The withdrawal amount should not exceed Rs.10,000 of the total balance across all savings bank or current accounts or any other account of a depositor.
iii.The bank will continue to undertake banking business with restrictions till its financial position improves.
Note RBI has imposed a penalty of 2 lakh on Pune People’s Co-operative Bank Limited, Pune for non-compliance with ‘know your customer’ norms.
About Nagar Urban Co-operative Bank
Acting CEO – S. V. Rokde
Headquarters – Ahmednagar, Maharashtra
Slogan – ‘One Family….. One Bank’

Number of ATMs in India Stood Over 2.13 Lakh 

Number of ATMs in India at over 2.13 lakh, says Fin MinOn 6th December 2021, the Finance Ministry announced that around 2.13 Lakh Automated Teller Machines (ATMs) have been installed across India by the end of September 2021.

  • Out of 2.13 lakh ATMs, 4 percent of ATMs are installed in rural and semi-urban areas.

Target –
i.RBI has directed the White Label ATMs (WLAs) operators must deploy a minimum of 1,000 ATMs every year
ii.WLA should maintain a deployment ratio of 1:2:3 for metro and urban, semi-urban and rural regions respectively.
About Ministry of Finance (MoF):
Union Minister – Nirmala Sitharaman (Constituency – Karnataka)
Minister of State – Pankaj Chaudhary (Constituency – Maharajganj, Uttar Pradesh), Bhagwat Kishanrao Karad (Constituency – Maharashtra)
>>Read Full News

Shivalik SFB & Indiagold partner to Launch India’s 1st Loan Against ‘Digital Gold’Shivalik Small Finance Bank, Indiagold partner to launch India's first loan against digital goldOn 6 December 2021, Shivalik Small Finance Bank (SSFB) signed a partnership agreement with fintech firm, Indiagold to launch India’s first Loan against Digital Gold.
Objective:
To  provide access to secure and affordable credit to the customers looking for quick liquidity against their gold assets.
Key points:
i.This agreement will enable customers to use their digital gold balance to avail instant and digital loans upto Rs. 60,000 and also seamlessly access gold loans starting at a monthly interest of just 1%.
ii.The  customers of SSFB can  access credit against their gold assets virtually with zero processing charges.
iii.Customers can avail gold loans using the ‘Indiagold app’. They have to verify the account by linking Aadhar and your photo etc. The gold loan agreement will also be signed digitally.
iv.On repayment of the loan, customers will have an option to either renew the loan or get their gold home delivered.
About Shivalik Small Finance Bank (SSFB):
MD & CEO- Suveer Kumar Gupta
Headquarters- Noida, Uttar Pradesh

ICICI Bank Partners with Flipkart to Offer Instant Overdraft FacilityICICI Bank offers instant overdraft facility to sellers registered on Flipkart

On 7th December 2021, ICICI Bank partnered with Flipkart, an e-commerce platform, to offer an instant and digital overdraft (OD) facility of up to 25 lakh to individual sellers and businesses registered on Flipkart.

  • The OD is renewable on an annual basis, depending on the repayment track records of the seller

Key Highlights:
i.The OD Facility is enabled by Application Programming Interface (API) and the process from application to sanction to disbursement is completely digital.
ii.Sellers having a current account with ICICI Bank can immediately avail OD and Customers of any bank can also avail of ODs from ICICI Bank if they are registered as sellers with Flipkart.
Benefits:
i.Sellers get instant OD through Flipkart Seller Hub, an online portal for Flipkart sellers,which is completely digital.
ii.ICICI Bank evaluates sellers instantly on the basis of their Credit Bureau score and their transaction history on Flipkart
iii.The approved OD amount is instantly sanctioned and disbursed into the seller’s current account
iv.Interest is payable only on the amount of OD utilised by sellers
About ICICI Bank
MD & CEO – Sandeep Bakhshi
Establishment – 1955 (Incorporated in 1994)
Headquarters – Mumbai, Maharashtra
Tagline – Hum hai na, Khayal Apka

SBI Selected Intellect Wealth Qube for its Digital Wealth Transformation

State Bank of India(SBI) has selected Intellect Design Arena Limited (Intellect Design)‘s Intellect Wealth Qube, a Digital Wealth Management suite, for its digital wealth management transformation agenda.

  • SBI chose Intellect’s digital wealth, contextual and composable platform to accelerate business expansion and improve operational efficiencies through Straight-through Processing (STP).
  • Intellect Design is a cloud-native, multi-product FinTech company for the world’s leading financial and insurance clients.
  • Wealth Qube is an Application Programming Interface(API)-based, scalable omnichannel solution for private banks, wealth management firms, advisory firms and broker-dealers.

APPOINTMENTS & RESIGNATIONS    

Honduras Elected its 1st Female President – Xiomara Castro

Honduras elected its first female president, Xiomara CastroIris Xiomara Castro Sarmiento, a presidential candidate, won the Presidential election of Honduras, after defeating her close competitor, Nasry Asfura in the General Election. She will succeed previous President Juan Orlando Hernandez.

  • With this victory, Xiomara Castro became the 1st female president of Honduras.

About Xiomara Castro:
i.Xiomara Castro, a former 1st Woman of Honduran, is the wife of Manuel Zelaya, who ruled the country from 2006 to 2009.
ii.Xiomara Castro, also known as Xiomara Castro de Zelaya, is a Honduran politician. She will take charge of the  office on 27 January 2022.

  • She will be the first president not to be a member of either the Liberal Party or the National Party since democracy was restored in 1982.

iii.She  has represented the left-wing Libre Party in 2013, 2017 and 2021 as Presidential Candidate for Honduras and as Vice President candidate in 2017.
About Honduras:
Capital- Tegucigalpa
Currency- Honduran Lempira
Continent- North America

Ujjivan SFB appoints Ittira Davis as MD & CEO for 3 years 

Ujjivan SFB appoints Ittira Davis as MD & CEO for 3 yearsOn 6th December 2021, The Board of Directors of Ujjivan Small Finance Bank (SFB) appointed Ittira Davis as the Managing Director (MD) and Chief Executive Officer (CEO) for a period of 3 years.

  • The bank has also appointed Rajesh Kumar Jogi, Harish Devarajan and Umesh Bellur as additional directors.
  • Ittira Davis is succeeded by former MD and CEO Nitin Chugh

Highlights:
Davis has also been appointed as Key Managerial Personnel in terms of Section 203 of the Companies Act, 2013 for a period same as that of his tenure as MD and CEO of Ujjivan Small Finance Bank.
About Ittira Davis:
i.Davis is an international banker with over 40 years of diversified banking experience with Citibank in India, the Arab Bank Group in the Middle East and has been associated with Ujjivan since 2015.
ii.He also worked with the Europe Arab Bank from July 2008 to October 2012, initially as the Managing Director – Corporate and Institutional Banking and then as an Executive Director
iii.Davis was the Chief Operating Officer of the Ujjivan SFB until June 2018. He was the MD and CEO of Ujjivan Financial Services Limited from July 2018 and resigned on March 12, 2021.
About Ujjivan Small Finance Bank:
Established – 2017
Headquarters – Bengaluru, Karnataka

SPORTS

India Wins Test & T20 Series Against New Zealand; Ajaz Patel bowls Historic 10 Wicket Test Innings Highlights of New Zealand tour of India, 2021 heldIndian Cricket Team has made a historic sweep win against the New Zealand team that visited India for a 3 match T20 (Twenty-20) series & a 2 match Test series. India defeated New Zealand with a 372 run difference in the 2nd Test to claim a 1-0 series win. Previously, India also defeated New Zealand in the T20 series by a 3-0 win.
India secures 3-0 T20 Series win against New Zealand
In the 3 match T20 series, which was captained by Rohit Sharma, wins a T20 series by defeating New Zealand in all the 3 matches.
Player of the Series – Rohit Sharma (India), for scoring 159-runs from the 3 matches.
India marks 1-0 Test Series win against New Zealand
Indian Men’s team has won the 2 match Test series against New Zealand by 1-0, winning the 2nd match after ending up with a draw in the 1st.
Player of the Series – Ravichandran Ashwin (India), for taking 14-wickets.

  1. This is Ravichandran Ashwin’s 9th ‘Player of the Series’ award in Test Cricket, most by any Indian Player.
  2. Ravichandran Ashwin becomes the 2nd Indian to take 300 wickets in home

3. Shreyas Iyer becomes 1st Indian to score a Century & a Half-century on Test debut
About Test Cricket:
Test Cricket is the longest format of Cricket, which is played across 5 days (or more days in the past).

  1. Each Team can play a maximum of 2 innings, for a team to be declared as winner, it shall take All the wickets of the opposition team.
  2. If even 1-player is still playing till the end of the 5th day, the match is declared as ‘Draw’.
  • Total overs bowled – ~450 overs (~90 overs/day for 5 days)

>>Read Full News 

Davis Cup Finals 2021: Russia beats Croatia to win title

Davis Cup Russia beats Croatia to win title after 15-year wait

The 2021 Davis Cup Finals title was clinched by Russia after defeating Croatia. It was Russia’s third Davis Cup title after 2002 and 2006.Russia won for the 1st time in 15 Years after its last victory in 2006.

  • Russia equalled Czech Republic and Germany in joint sixth place on the all-time winners’ list.
  • It should be noted that it was Daniil Medvedev fifth consecutive victory at the 2021 Davis Cup.Daniil Medvedev of Russia beats Marin Cilic by 7-6 (7), 6-2 in the second singles match.
  • Andrey Andreyevich Rublev was named the Most Valuable Player of the tournament.

About Davis Cup 2021:

2021 Davis Cup Finals, formerly known as World Group, was the highest level of Davis Cup competition in 2021.2020–21 Davis Cup was the 109th edition of the Davis Cup.It was held on indoor hard courts at three venues in Innsbruck, Austria, Madrid, Spain and Turin, Italy on November25 – December 5, 2021.

  • Davis Cup is an international team event in men’s tennis. The women’s equivalent of Davis Cup is Billie Jean King Cup. It is conducted by the International Tennis Federation (ITF).
  • The Russian team is officially called as RTF (Russian Tennis Federation).
  • Croatia is also a two times winner of Davis Cup title in 2005 and 2018.

Indian Shuttler PV Sindhu Won Silver at HSBC BWF World Tour Finals 2021; S.Korea’s An Se-Young Won GoldBWF World Tour Finals PV Sindhu Wins Silver For India

Indian Shuttler and 2-time Olympic medalist Pusarla V Sindhu (PV Sindhu), world’s number 7, won the silver at the 2021 Badminton World Federation (BWF) World Tour Finals, officially known as the HSBC BWF World Tour Finals 2021, the final tournament of the Women’s Singles 2021 BWF World Tour.

  • The 2021 HSBC BWF World Tour Finals was held from 1st to 5th December 2021 in Bali, Indonesia.

Key Points:
The reigning world champion PV Sindhu has won the BWF World Tour finals in 2018 and became the only Indian to achieve the feat.
An Se Young Won Gold in Women’s Singles at BWF World Tour Finals 2021:
An Se Young of South Korea(S.Korea), the world’s number 6, has won the HSBC BWF World Tour Finals 2021 Women’s Singles title defeating PV Sindhu. She became the first-ever Korean Woman to win a gold medal in the World Tour Finals Series.

  • This marks her 3rd straight title in Bali following her win at the 2021 Indonesia Masters and 2021 Indonesia Open.

2021 BWF World Tour: 
2021 BWF World Tour is the 4th season of BWF World Tour of badminton, a circuit of 23 tournaments that led up to the World Tour Finals tournament.
It was organized by the Badminton Association of Indonesia with sanctions from the BWF.
Men’s Single title:
Denmark’s Viktor Axelsen, world’s number 1, won the BWF World Tour Finals 2021 Men’s Single title defeating Thailand’s Kunlavut Vitidsarn in Bali, Indonesia.
Men’s double Title:
Japan’s Takuro Hoki and Yugo Kobayashi (ranked 6th in the world), won the Men’s doubles title at BWF World Tour Finals 2021 defeating Indonesia’s Marcus Fernaldi Gideon and Kevin Sanjaya Sukamuljo.
They became the first Japanese Men to win the doubles title at the World Tour Finals.
Women’s Double Title: 
South Korea’s Kim So-yeong and Kong Hee-yong won the Women’s doubles title at BWF World Tour Finals 2021 defeating Japanese second seeds Nami Matsuyama and Chiharu Shida.

BOOKS & AUTHORS

BK Madhur’s Autobiography titled ‘At Home In The Universe’ released Globally

A book titled At Home In The Universe by BK MadhurOn 6 December 2021, an autobiography titled  ‘At Home In The Universe’ by Bala Krishna Madhur was released by R.C. Sinha, IAS (Rtd), advisor to the Ministry of Road Development in Mumbai, Maharashtra.
The book is the autobiography of B K Madhur, a former Chief Executive Officer at DHFL Property Services Ltd, and one of the key personalities in establishing Dewan Housing.

  • The book is published by Bookworld Enterprises of Mumbai.

Key points:
i.The book offers an inside view into the policy environment in the 1980s and 1990s in the Housing Finance Sector.
ii.The book consists of early life hardships, experience and life lessons of the author.
iii.It has various engaging accounts of his rise from an ordinary salesman to successful marketing legend.

IMPORTANT DAYS

International Civil Aviation Day 2021 – December 7

International Civil Aviation Day 2021

The United Nations(UN)’s International Civil Aviation Day(ICAD) is annually observed across the globe on December 7th to create awareness about the importance of international civil aviation towards the social and economic development of the states and its importance in creating a globally transit network.
The theme of ICAD 2021 is “Advancing Innovation for Global Aviation Development”.
Note:
The theme of ICAD 2020 – 2023 will be “Advancing Innovation for Global Aviation Development”.
Background:
i.ICAO observed the first ever International Civil Aviation Day on 7th December 1994 as a part of its 50th Anniversary.
ii.The United Nations General Assembly(UNGA) adopted the resolution A/RES/51/33 on 6th December 1996 and proclaimed the 7th December of every year as the International Civil Aviation Day.
Why December 7th? 
The day marks the signing of the International Civil Aviation Convention, also known as the Chicago Convention, on 7th December 1944, to promote peaceful global air navigation.
>>Read Full News 

Armed Forces Flag Day 2021 – December 7thArmed Forces Flag Day 2021Armed Forces Flag Day is annually observed across India on 7th December to honour the martyrs and the armed force personnel who fought and continue to fight to protect the honour of the country.

  • The flag day highlights the commitment of the public to look after the soldiers who were affected by the war, Veer Naris and the families of the martyrs who lost their lives in the line of duty.

Background:
i.On 28th August 1949, a committee set up under the then Defence Minister Baldev Singh decided to observe the Flag day annually on 7th December.
ii.The Armed Forces Flag day has been observed on 7th December since 1949.
>>Read Full News

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Current Affairs Today (AffairsCloud Today)

S.no Current Affairs 8 December 2021
1 SBM-U 2.0 Launched Swachh Technology Challenge for Entrepreneurial Skills in Waste Management Sector
2 Highlights of Russian President Vladimir Putin’s visit to India on December 6, 2021
3 Kazhuveli Wetland declared as 16th Bird Sanctuary of Tamil Nadu
4 CSE & NITI Aayog Releases ‘Waste-wise Cities- Best Practices in Municipal Solid Waste Management’ report
5 Minister of SJE Dr Virendra Kumar Launched ‘Shreshtha Yojna’ and National Fellowship Management and Grievance Redressal Portal
6 MoHUA & UNDP Signed MoU for Strengthening Waste Management Sector in India Under SBM-U 2.0
7 HAL, BEL, Indian Ordnance Factories Ranked among SIPRI Top 100 Arms-Producing Companies 2020
8 PayPhi: 1st certified tokenization service for NTS to support tokenization of RuPay cards
9 RBI Imposes Restrictions on Nagar Urban Co-operative Bank
10 Number of ATMs in India Stood Over 2.13 Lakh 
11 Shivalik SFB & Indiagold partner to Launch India’s 1st Loan Against ‘Digital Gold’
12 ICICI Bank Partners with Flipkart to Offer Instant Overdraft Facility
13 SBI Selected Intellect Wealth Qube for its Digital Wealth Transformation
14 Honduras Elected its 1st Female President – Xiomara Castro
15 Ujjivan SFB appoints Ittira Davis as MD & CEO for 3 years 
16 India sweeps Test & T20 Series Wins against New Zealand; Ajaz Patel bowls Historic 10 Wicket Test Innings 
17 Davis Cup 2021: Russia beats Croatia to win title
18 Indian Shuttler PV Sindhu Won Silver at HSBC BWF World Tour Finals 2021; S.Korea’s An Se-Young Won Gold
19 BK Madhur’s Autobiography titled ‘At Home In The Universe’ released Globally
20 International Civil Aviation Day 2021 – December 7
21 Armed Forces Flag Day 2021 – December 7th