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Overview of New Jersey Governor Phil Murphy visit to India
The governor of New Jersey Phil Murphy, paid a six-city tour to India from September 15-22, 2019 with focus on inviting companies to invest and create jobs. By this visit, Phil Murphy became the 1st governor of the US (United States) state to visit India. The six places visited were New Delhi, Mumbai, Agra, Hyderabad, Gandhinagar and Ahmedabad.
- New Jersey and Gujarat signed ‘sister state agreement’ MoU for cooperation in economic development, clean energy, higher education, tourism, cultural exchange, health and also trade-investment.
- Telangana and New jersey has signed a sister state agreement in Hyderabad, the capital of Telangana.
- The Indian Institute of Technology(IIT)- Gandhinagar signed MoU with 4 universities in New Jersey for collaboration in academia and research………………………Click here to Read more
Home Minister Amit Shah announced first ever “digital census” in 2021
On September 23, 2019, during the foundation stone laying ceremony for the construction of a new building of Registrar General of India (Janganana Bhawan/Census Building) in New Delhi, which conducts the census exercise, Union Minister of Home Affairs(MHA) Shri Amit Shah, announced to conduct first-ever “digital census” in 2021. He also suggested a single multipurpose identity card i.e., one card facility for all utilities in the future.
i. The digital census is expected to have the potential in bringing all the cards like Aadhaar, passport, bank account, driving license etc. under a single platform. Rs. 12, 000 crores will be spent on preparation of National Population Register (NPR) and census 2021. It will be a transformation from paper census to digital census as mobile app will be used to collect data.
Overview of Commerce & Industry Minister Piyush Goyal 2 day visit to UAE (Sep 21 & 22, 2019)
The Union Minister of Railways and Commerce & Industry, Shri.Piyush Goyal has made a two-day visit to UAE (United Arab Emirates) from 21st – 22nd September 2019 for the meeting of the 7th India-UAE High Level Task Force on Investment (HLTFI).
i. Piyush Goyal has unveiled the design of the India Pavilion for ‘Dubai Expo 2020’, in Dubai, UAE and hailed the recent tax measures as a leap towards making India a hub of investment. He also visited the site of the ‘Dubai Expo 2020’ and took stock of the preparations.
ii. India will invest Rs 230 crore to build the India Pavilion at the World Expo 2020, of which Rs 200 crore will be raised for construction, curation, interiors, maintenance and security from participation charges, publicity and sponsorships……………..Click here to Read more
BANKING & FINANCE
SEBI tightens guidelines for debt mutual fund applicable from April 1, 2020
On September 22, 2019,In order to improve the risk management & ensure sufficient liquidity, the regulator for the securities market in India, SEBI (Securities and Exchange Board of India) has tightened the rules for mutual funds, in which it make it mandatory for liquid schemes to hold at least 20 % in liquid assets such as cash and cash equivalents like treasury bills and repo on government securities.
The new guideline comes into force from April 1, 2020.
i. In addition, It will not allow asset management company (AMC) to charge fees for investment management & advisory for the parking of funds in short-term deposits of scheduled commercial banks. This rule will be applicable from May, 2020………………….Click here to Read more
Paisalo Digital inks co-origination of loan agreement with Bank of Maharashtra
On September 20, 2019, Paisalo Digital (Formerly known as S.E Investments Limited) has signed its second co-origination of loan agreement with major public sector bank in India, Bank of Maharashtra (BoM) with the aim to necessitate the joint contribution of credit flow by BoM and Paisalo Digital. The arrangement also involve sharing of risks & gains between them.
i. On August 12, 2019, Paisalo digital has signed the 1st co-origination loan agreement (designed at Rs.10,000 to 2 lakh) with State Bank of India (SBI) to pay out 200,000 loan applications in 2019 (FY-Fiscal Year 2020).
About Paisalo Digital:
♦ Managing Director: Sunil Agarwal
♦ Headquarters: New Delhi.
♦ It is a leading systemically important non-deposit taking NBFC(Non Banking Financial Company), registered with the Reserve Bank of India (RBI) and is in operations since the year1992.
♦ Objective : To ensure rural development, self-employment, and women-empowerment on small finances . It has AUM (Assets Under Management) of over 2000 crore and a net worth of Rs. 671.9 crore.
♦ Founded :1935
♦ Headquarters: Pune, Maharashtra
♦ MD & CEO: A. S. Rajeev
♦ Tagline: One Family One Bank
Bharti Airtel & Bharti AXA Life Insurance tie up to offer pre-paid plan with insurance protection cover
On September 23, 2019, An Indian global telecommunications services company, Bharti Airtel has tied up with Bharti AXA Life Insurance, one of the best insurance companies in India to offer prepaid plan for its users along with insurance protection plan.Key points:
i. Special Plan & insurance cover: Airtel has brought a special prepaid plan of Rs 599, in which customers will get 2GB (gigabyte) data per day, unlimited calling and 100 SMS (Short Message Service) per day on any network, as well as a life insurance cover of Rs 4 lakh from Bharti AXA Life Insurance.
ii. Validity: There will be a validity of 84 days on this recharge. After 3 months, this insurance cover will be automatically maintained on every recharge.
iii. Eligibility: This plan of insurance cover with Airtel prepaid plans will be available for people between 18 and 54 years of age. For this, no paperwork is required nor medical certificate of any kind is needed. On the request of the customer, a copy of the insurance will also be delivered to the customer’s doorstep. Airtel has developed a special system for this, through which this entire process is completed within a few minutes.
iv. At present, this prepaid plan of Airtel which provides insurance cover is available to customers of Tamil Nadu and Pondicherry circle and to be extended pan-India in a few months.
About Bharti Airtel:
♦ Founded: 7 July 1995
♦ Founder: Sunil Bharti Mittal
♦ Headquarters :New Delhi, India
♦ Chairman: Sunil Bharti Mittal
♦ MD & CEO: Gopal Vittal
About Bharti AXA Life Insurance:
♦ Founded: 2005
♦ Headquarters: Mumbai,Maharashtra
♦ Managing Director and CEO : Vikas Seth
AWARDS & RECOGNITIONS
Overview of 71st Primetime Emmy Awards for 2019 held at the Microsoft Theater in Downtown Los Angeles, California, US
The 71st Edition of Primetime Emmy Awards for 2019 was held at the Microsoft Theater in Downtown Los Angeles, California, United States (US) on September 22, 2019. This ceremony was preceded by the 71st Primetime Creative Arts Emmy Awards which was held on September 14 and 15, 2019.
iv. Fleabag, a British comedy-drama television show created and written by Phoebe Waller-Bridge, won the most awards with 4.
v. The nominations were announced by D’Arcy Carden and Ken Jeong on July 16, 2019 and Game of Thrones (HBO) topped the nominations list with 14.
vii. Actor Billy Porter for his role “Pose” in Episode: “Love Is the Message” became the first openly gay, black man to receive the outstanding Lead Actor in drama………………….Click here to Read more
Bollywood playback singer Sonu Nigam wins ‘Magnificent performing arts award 2019’ at 21st century icon award ceremony held in UK
Bollywood’s famous playback singer Sonu Nigam (46) of Faridabad, Haryana was awarded the ‘Magnificent Performing Arts Award 2019‘ at the annual ’21st Century Icon Awards’ held in London, United Kingdom (UK).
i. Sonu was among the winners of various categories in a grandly organized ceremony held in UK, which was chosen from among hundreds of entrepreneurs and successful nominees from all over the world. Nominations were made from 22 countries.
ii. The panel of 3 judges , who met at the London Stock Exchange in August 2019 to decide on the final 18 winners. They are,
- Sandip Verma (British Indian peer Baroness)
- Ibukun Adebayo (London Stock Exchange’s International Markets Unit)
- Denise Lewis (former British Olympic champion)
List of other winners:
|S.No||Name of the award||Winner|
|1||Outstanding Media and Entertainment Award||Kalli Purie (Vice-Chairperson of India Today Group)|
|2||Specialist Professional Award||Charlotte Crosswell (CEO of Innovate Finance UK)|
|3||Inspirational Icon Award||Asha De Vos (Marine Biologist, Ocean Educator and Pioneer Blue Whale Research within Indian Ocean)|
|4||Competitive Sports Award||Rachael Burford (Rugby Player and Founder of Burford Academy UK)|
About 21st Century Icon Awards:
These awards has been instituted by Indian-origin entrepreneurs based in Britain and co-founders of Squad Watermelon Limited, Tarun Ghulati and Preeti Rana. This year (2019) around 700 nominations were received for the award, out of which 44 were selected for the final round.
NDTV’s Ravish Kumar awarded 1st Gauri Lankesh Memorial Award 2019 in Bengaluru, Karnataka
Ravish Kumar (44) of Motihari, Bihar , an Indian TV anchor, writer, journalist and the Managing Editor of NDTV India, the Hindi news channel of the NDTV (New Delhi Television Limited ) news network , has received the 1st Gauri Lankesh Memorial Award 2019 by the Gauri Lankesh Memorial Trust ( which is founded in memory of the journalist, Gauri Lankesh) in Bengaluru , Karnataka.Key points:
i. He was selected for this prestigious award in recognition of his sharp news analysis and uncompromising secular stance. On August 2, 2019, he was awarded 2019 Ramon Magsaysay Award, regarded as the Asian version of the Nobel Prize.
ii. A total of 3 books were launched at the Award giving ceremony, entitled ‘Delhi Nota’ by senior journalist D Umapathi, Ravish Kumar’s ‘Free Voices’ translated as ‘Maatige Enu Kadime’, and ‘Neera Nade’ by Prof Vinaya Okkunda.
APPOINTMENTS & RESIGNS
RBI approves the reappointment of Shyam Srinivasan as MD & CEO of Federal Bank for another year
The apex bank of the country, the Reserve Bank of India (RBI) approved the reappointment of Shyam Srinivasan, aged 57, as the Managing Director (MD) and Chief Executive Officer (CEO) of Federal Bank for another year with effect from September 23, 2019 until September 22, 2020. With this, he will serve the bank as the head for a decade (September 23, 2010-September 22, 2020).About Federal Bank:
♦ Headquarters: Aluva, Kochi, Kerala
♦ Tagline: Your perfect banking partner
According to United in Science Report 2019 by UN, average global temperature between 2015-2019 set to be the hottest of any five-year period on record
According to the report titled United in Science for 2019 by United Nations (UN), the average global temperature between 2015-2019 will be the hottest of any five-year period on record. It is estimated to be 1.1 degrees Celsius above pre-industrial (1850-1900) times and 0.2 degrees Celsius warmer than 2011-2015. The report was compiled by the World Meteorological Organization (WMO) and was prepared by the Science Advisory Group of the UN Climate Action Summit 2019.
i. Carbon dioxide grew 2% in 2018 and reached a record high of 37 billion tonnes.
ii. The extent of Arctic summer sea ice declined at a rate of 12% per decade over the past 40 years, and the four lowest values were between 2015 and 2019.
iii. The Science Advisory Group was co-chaired by WMO Secretary-General Petteri Taalas and Leena Srivastava, former Vice Chancellor of The Energy and Resources Institute School of Advanced Studies (TERI SAS), New Delhi.
iv. The report consists of summaries contributed by WMO, Global Atmosphere Watch (GAW), the United Nations Environment Programme (UNEP), Global Carbon Project (GCP), the Intergovernmental Panel on Climate Change (IPCC), Future Earth, Earth League and the Global Framework for Climate Services (GFCS).
World Wrestling Championships 2019 held at Barys Arena in Nur-Sultan, Kazakhstan
The World Wrestling Championships 2019 was held at Barys Arena in Nur-Sultan, Kazakhstan from September 14-22, 2019. It was organized by the United World Wrestling (UWW). It was a qualifying event for Tokyo 2020 Summer Olympics where the top 6 wrestlers from each category qualified for the event.
i. Russia topped the medal tally with 19 medals (9 Gold, 5 Silver, 5 Bronze) followed by United States, Georgia, Japan and Azerbaijan.
ii. India won 5 medals (1 Silver & 4 Bronze). It was ranked 17th in the list of medal table. It was India’s best-ever medal haul at the World Wrestling Championships……………………..Click here to Read more
Overview of 2019 China Open held in Jiangsu, China
The 2019 China open, officially called as VICTOR China Open 2019 was held at Olympic Sports Center Xincheng Gymnasium in Changzhou, Jiangsu, China from September 17-22, 2019.
i. Spanish badminton star Carolin Marin, the reigning Olympic champion and also three-time world champion defeated former world no.1 Taiwanese player Tai Tzu Ying winning the second consecutive title at china open 2019.
ii. No.1 world ranking Japanese badminton player KentoMomota defeated Indonesian player Anthony SinisukaGinting and won the men’s singles title in the 2019 China Open……………………..Click here to Read more
Overview of T20I series held between South Africa and India
A 3-day Twenty 20 International (T20I) series was held between South Africa and India. The series concluded with a draw 1-1 as the first match was abandoned. The captain of the Indian team was Virat Kohli and the captain of the South African team was Quinton de Kock. The South Africa cricket team is scheduled to tour India in September and October 2019 to play 3 Tests and 3 T20I matches.
i. Virat Kohli (2450 runs) surpassed the record held by Rohit Sharma (2443 runs) by becoming the highest run-scorer in the history of T20I cricket in the 3rd T20I against South Africa.
ii. South African player David Miller equaled the record of most catches in T20Is in 3rd T20I match against India with 50 catches (72 matches) along with the record held by Pakistan’s Shoaib Malik (50 catches in 111 matches).
iii. India’s Rohit Sharma equalled Indian MS Dhoni’s record of playing most T20Is for an Indian team in the 3rd T20I against South Africa having played 98 T20I matches.
Venue of matches:
|1st T20I||15 September 2019||Himachal Pradesh Cricket Association Stadium, Dharamshala, Himachal Pradesh|
|2nd T20I||18 September 2019||Punjab Cricket Association IS Bindra Stadium, Mohali, Chandigarh Capital Region|
|3rd T20I||22 September 2019||M. Chinnaswamy Stadium, Bengaluru, Karnataka|
16th Edition of Moselle Open (Tennis) for 2019 held at the Arènes de Metz, in Metz France
The 16th Edition of Moselle Open (Tennis) for 2019 was held at the Arènes de Metz, in Metz, France from September 16-22, 2019. It is played on indoor hard courts and is a part of the Association of Tennis Professionals (ATP) World Tour 250 Series of the 2019 ATP Tour. The prize money of the tournament was 524,340 Euros.
i. In Men’s Singles category, Jo-Wilfried Tsonga of France defeated Aljaz Bedene from Slovenia in 3 sets and clinched the singles title. He became the first man to win four singles titles at the Moselle Open.
ii. In Men’s Doubles, Robert Lindstedt of Sweden and Jan-Lennard of Germany clinched the title by defeating Nicolas Mahut & Édouard Roger-Vasselin of France.
About Moselle Open:
♦ Founded: 1980
24th St. Petersburg Open for 2019 held at Sibur Arena in St. Petersburg, Russia
The 24th Edition of St. Petersburg Open for 2019 was held at Sibur Arena in St. Petersburg, Russia from September 16- 22, 2019. It was played on indoor hard courts and was a part of the Association of Tennis Professionals (ATP) World Tour 250 Series of the 2019 ATP Tour. The total prize money of the tournament was $1,180,000.
i. Russia’s Daniil Medvedev defeated Crotia’s Borna Coric by 6–3, 6–1 and clinched the men’s singles title.
ii. India’s Divij Sharan along with Slovakia’s Igor Zelenay defeated Italian pair of Matteo Berrettini & Simone Bolelli by 6–3, 3–6, [10–8] and clinched the men’s doubles title. It was the fifth Tour doubles title for Divij.
About St. Petersburg Open:
♦ Founded: 1995
♦ It is a professional men’s tennis tournament.
Sebastian Vettel wins Formula 1 Singapore Airlines Singapore Grand Prix 2019 at Marina Bay Street Circuit, Singapore
On September 22, 2019, Ferrari’s Sebastian Vettel of Germany won the Formula 1 (F1) Singapore Airlines Singapore Grand Prix 2019 held at Marina Bay Street Circuit, Singapore. He also became the first person to win the Singapore Grand Prix 5 times. The second and the third spot was won by Ferrari’s Charles Leclerc (Monaco) and Red Bull’s Max Verstappen (Belgium) respectively. Key point:
Sebastian Vettel’s last win was in the Belgian Grand Prix on 26 September 2018.
Former Indian test cricketer Madhav Apte passed away at the age of 86 in Mumbai
On September 23, 2019, former Indian test cricketer and opener Madhav Apte passed away at the age of 86 in a hospital in Mumbai due to cardiac arrest. Born in Mumbai, Maharashtra as Madhavrao Laxmanrao Apte in 1932, he had played 67 first class matches inclusive of 46 Ranji trophy matches for Mumbai and three for Bengal scoring 3336 runs with 6 centuries and 16 half centuries.Key points
Apte who played seven tests in the early 1950s scoring 542 runs, with a lone hundred and three fifties to his credit, also served as the President of the Cricket Club of India(CCI) for some years and the ‘Legends Club’ till his last breath.
BOOKS & AUTHORS
Roopa Pai’s “From Leeches to Slug Glue: 25 Explosive Ideas that Made (and Are Making) Modern Medicine” to be released
A new book “From Leeches to Slug Glue: 25 Explosive Ideas that Made (and Are Making) Modern Medicine” that traces the origins of experiments and discoveries in science and medicine evolution spanning over 2,500 years and several geographies, is to be released on September 28, 2019. The book is authored by Roopa Pai and will be published by publisher Puffin Books.Key points
i. The book which has 25 chapters explores areas like vaccination, anaesthesia, X-rays and the germ theory etc.
International Day of Sign Languages (IDSL) observed on September 23, 2019
On September 23, 2019, The second International Day of Sign Languages (IDSL) was observed throughout the world to raise awareness of the importance of sign language in the full realization of the human rights of people who are deaf. The theme of this day for 2019 is “Sign Language Rights for All”.
i. An autonomous body under the Department of Empowerment of Persons with Disabilities, Ministry of Social Justice and Empowerment, Indian Sign Language Research and Training Centre (ISLRTC) has celebrated Sign Language Day. Union Minister for Social Justice and Empowerment Shri Thaawarchand Gehlot was the Chief Guest of the event held in New Delhi……………Click here to Read more
1st Edition of Ayushman Bharat Diwas for 2019 observed on September 23
The 1st edition of Ayushman Bharat Diwas was observed on September 23, 2019. It was on this day a year ago Ayushman Bharat Yojana or Pradhan Mantri Jan Arogya Yojana (PMJAY) was launched by Prime Minister Narendra Modi from Ranchi, Jharkhand. It is the world’s largest health care programme which provides a health cover of Rs 5 lakh annually to vulnerable families. Key Points:
i. In the last one year, more than 46 lakh beneficiaries have received the treatment.
ii. At present, 32 States and Union Territories (UTs) have implemented the scheme. J&K becomes first state to issue highest number of golden cards under Ayushman Bharat scheme.
iii. The Chief Executive Officer (CEO) of Ayushman Bharat scheme is Indu Bhushan.
It is also known as National Health Protection Scheme (NHPS). All the previous government schemes such as Senior citizen health Insurance Scheme (SCHIS), Rashtriya Swasthya Bima Yojana, Central Government Health Scheme (CGHS), and Employees’ State Insurance Scheme (ESIS) were subsumed to form NHPS.
International Coastal Cleanup Day observed on 21st September
The International Coastal Cleanup Day (ICCD) is observed annually on the third Saturday of September. This year it was observed on September 21, 2019. It encourages people along with ocean conservation groups, and environmental organizations to clean up the garbage/trash on the beach. 2019 International Coastal Cleanup Animal is The Pelican.
i. Coastal Cleanup Day was established by the Ocean Conservancy in 1986, an organization that works in protecting the ocean from the challenges it faces every year. The fist cleanup had only 2800 volunteers. It has now grown into an International event in more than 100 countries.
Coastal states across the country took part in massive beach cleaning drive with many volunteer participations:
i. As part of the ICCD, The Indian Navy and Indian Coast Guard (ICG) organised a cleanup drive with the theme — strive for trash-free seas and coasts in Chennai.
ii. Also, U.S. Consulate General in Chennai, in partnership with the Indian Maritime Foundation also launched a cleanup drive to raise awareness about global marine pollution at Besant Nagar, Chennai.
iii. In Odisha, a beach clean-up was organized as a part of “Mo-Beach” cleaning programme. Sudarshan Pattnaik is the ambassador of “Mo-Beach” cleaning programme. Puri, Odisha witnesses world’s biggest drive on the International Coastal Cleanup Day.
iv. In Mumbai also, thousands of volunteers joined Thousands join ‘clean Versova beach‘ and Juhu beach clean up drive on the ocassion of ICCD.
Centre introduced a new scheme named ‘Assistance for Deep Sea Fishing’ for the fishermen in Tamil Nadu
Union Minister for Animal Husbandry, Dairying and Fisheries Giriraj Singh notified that a new scheme named ‘Assistance for Deep Sea Fishing’ was introduced for fishermen in Tamil Nadu as a part of ‘Blue Revolution Scheme’. Rs 300 crore was released for this scheme by the union government.
i. The total cost of the scheme is Rs 1600 crore. The share of the Central government is Rs 800 cr and Rs 320 cr will be borne by the state.
ii. The government of Tamil Nadu will implement a deep sea fishing scheme in 4 districts of Palk Bay, including Ramanathapuram district which will prevent fishermen from crossing the IMBL (International Maritime Boundary Line).
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