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Daily Current Affairs 1 September 2023 |
International News:
- Russia has launched its first Islamic banking pilot program, tapping into the potential of Islamic finance, operating under Shariah principles.
- Gabon has experienced a military coup following a disputed election, marking the eighth coup in West and Central Africa since 2020.
National News:
- India's largest home-built nuclear plant, the Kakrapar Atomic Power Project (KAPP) in Gujarat, has commenced full operations at 700 MW capacity.
- Union Minister Piyush Goyal unveiled a statue of RK Shanmugam Chetty, India's first Finance Minister, in Coimbatore.
- The Union Health Ministry introduced the Promotion of Research & Innovation in Pharma-MedTech sector (PRIP) scheme to boost research and innovation in the pharmaceutical and medtech sectors.
- Nagaland has initiated Aadhaar-Linked Birth Registration (ALBR) to simplify birth registration and Aadhaar enrollment for children aged 0 to 5 years.
Business News:
- 7. Viacom 18 secured BCCI TV and digital media rights in a 5-year deal worth Rs 5,963 crore for India's domestic matches and BCCI-hosted domestic tournaments.
- Punjab National Bank (PNB) launched a dedicated mobile application for the GST Sahay scheme, enabling effortless credit availability for MSMEs via GST invoices.
- YES Bank launched UPI interoperability on the RBI's Central Bank Digital Currency (CBDC) app, making digital payments more accessible.
Economy News:
- India's fiscal deficit for April-July reached 33.9% of the FY24 target, indicating increased government borrowing needs.
- India's GDP growth accelerated to 7.8% in the April-June quarter of FY23-24, surpassing expectations and reflecting strong economic performance.
Schemes and Committees News:
- India formed a committee, led by former President Ram Nath Kovind, to explore the feasibility of 'One Nation, One Election,' aiming to synchronize Lok Sabha and state assembly elections.
Appointments News:
- Jaya Verma Sinha became the first woman Chairperson of the Railway Board, a historic appointment in its 118-year history.
- Mahindra Singh Dhoni became the brand ambassador of Swaraj Tractors, an Indian tractor manufacturing company.
Award News:
- The 65th Ramon Magsaysay Awards honored four Asians for their exceptional spirit and influential leadership, with each receiving a certificate, medallion, and a cash prize of USD 50,000.
Miscellaneous News:
- Bhaderwah Rajma and Ramban Sulai Honey from Jammu and Kashmir received Geographical Indication (GI) tags, recognizing their distinctiveness and cultural significance.
Daily Current Affairs 1 September 2023 :
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