September 2024 Daily News Current Affairs

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Sep 21, 2024
1. Sep 21 is observed by UN as International Day of Peace. 2024 theme is Cultivating a Culture of Peace.
  1. Sep 21, 2024 is also observed as International Coastal Clean-up Day 2024, observed annually on 3rd Saturday of September.
Sep 20, 2024
1. Sep 20 is observed by UN as World Cleanup Day, observed for the 1st time in 2024.
2. General News / Events (Sep 11-20, 2024) -
  1. 2nd International Conference on Green Hydrogen (ICGH) held at Bharat Mandapam (New Delhi).
  2. Quality Council of India (QCI) approved National Test House Ghaziabad (NTH) as a certification body for type certification of drones under Drone Rules 2021.
    1. NTH will assess agricultural drones and provide low-cost certification services to support the growing drone sector in India.
  3. 2nd Asia Pacific Ministerial Conference on Civil Aviation 2024 held at Rajeev Gandhi Bhawan (New Delhi).
  4. Govt launched a commemorative joint postal stamp marking 75 years of diplomatic relations between India and Romania.
Sep 19, 2024
1. Govt launched Operation Sadbhav to provide humanitarian assistance to countries affected by Typhoon Yagi, including Vietnam, Laos and Myanmar.
Sep 18, 2024
1. Sep 18 is observed by UN as International Equal Pay Day.
2. Cabinet Approvals (Sep 18, 2025) -
  1. General -
    1. Accepted recommendations of High-Level Committee on Simultaneous Elections, that was set up under chairmanship of former President Ram Nath Kovind.
      1. Recommendations include -
        
        Implemention to be done in two phases - one phase for simultaneous Lok Sabha and Assembly elections, and other phase for local body elections (panchayat and municipalities), to be done within 100 days of general elections.
        
        Common electoral roll for all elections.
      2. Notably -
        
        Elections were earlier held simultaneously between 1951 and 1967.
        
        Law Commission's 170th report (1999) had recommeended One election to Lok Sabha and all Legislative Assemblies in five years.
  2. Approved continuation of 2 umbrella schemes of Department of Biotechnology (DBT), merged as one scheme - Biotechnology Research Innovation and Entrepreneurship Development (Bio- RIDE).
    1. The scheme has 3 broad components -
      1. Biotechnology Research and Development (R&D)
      2. Industrial & Entrepreneurship Development (I&ED)
      3. Biomanufacturing and Biofoundry (Newly Added).
    2. Outlay for implementation of the unified scheme Bio-RIDE’ is 9197 crores, during 15th finance Commission period (2021-22 to 2025-26).
    3. Bio-RIDE aims to foster innovation, promote bio-entrepreneurship, and strengthen India’s position as a global leader in biomanufacturing and biotechnology.
  3. Approved Pradhan Mantri Janjatiya Unnat Gram Abhiyan, aimed at improving socio-economic condition of tribal communities, by adopting saturation coverage for tribal families in tribal-majority villages and aspirational districts.
    1. Outlay is 79156 crores (Central Share 56333 crores and State Share 22823 crores).
    2. It will cover 63000 villages across 549 districts, benefitting over 5 crore tribal people, as announced in Budget 2024-25.
    3. The Mission comprises of 25 interventions which will be implemented by 17-line ministries. 5 year goals include Developing Enabling Infrastructure, Promotion of Economic Empowerment, Universalization of Access to Good Education & Healthy lives and Dignified Ageing.
  4. Approved continuation of schemes of Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA), to provide remunerative prices to farmers and to control price volatility of essential commodities for consumers.
    1. Outlay is 35000 crores during 15th Finance Commission Cycle upto 2025-26.
    2. Govt has converged Price Support Scheme (PSS) & Price Stabilization Fund (PSF) schemes in PM AASHA, to serve farmers and consumers more efficiently.
    3. PM-AASHA will now have components of Price Support scheme (PSS), Price Stabilization Fund (PSF), Price Deficit Payment Scheme (POPS) and Market Intervention Scheme (MIS).
  5. Approved fixing Nutrient Based Subsidy (NBS) rates for RABI Season 2024 (from 01-10-2024 to 31-03-2025) on Phosphatic and Potassic (P&K) fertilizers.
    1. Budgetary requirement for Rabi season 2024 would be approx 24475 crores. This will ensure availability of fertilizers to farmers at subsidized, affordable and reasonable prices.
    2. Notably, Govt is making available 28 grades of P&K fertilizers to farmers at subsidized prices through fertilizer manufacturers/importers, under NBS Scheme w.e.f. 01-04-2010.
Sep 17, 2024
1. PM Narendra Modi launched SUBHADRA flagship Scheme of Odisha Govt, expected to benefit over 1 crore women.
  1. Under the scheme -
    1. Eligible beneficiaries between age of 21-60 years will receive Rs 50000 over a period of 5 years upto 2028-29 (Rs 10000 annually in 2 installments).
    2. The scheme has also been linked to pilot project of RBI's digital currency.
  2. PM also launched Awaas+ 2024 App, for survey of additional households for PMAY-G.
2. 2024 Men's Hockey Asian Champions Trophy (Hulunbuir, China) -
  1. India won the title (their 5th), defeating China in final.
3. Sep 17 is observed as World Patient Safety Day, by World Health Organisation (WHO).
4. Sep 17 is observed as Marathwada Liberation Day, also known as Marathwada Mukti Sangram Din (celebrated in Maharashtra).
  1. It marks anniversary of Marathwada's integration with India when Indian Army liberated State of Hyderabad, by defeating the Nizam on 17 September 1948, 13 months after Indian independence.
Sep 16, 2024
1. Sep 16 is observed by UN as International Day for Preservation of the Ozone Layer.
  1. About -
    1. Vienna Convention for Protection of Ozone Layer, was signed in 1985, to provide frameworks for international reductions in production of chlorofluorocarbons.
    2. In 1994, UN proclaimed 16 September as International Day for Preservation of Ozone Layer, commemorating date of signing, in 1987, of Montreal Protocol on Substances that Deplete the Ozone Layer. Montreal Protocol has been successful in phasing out 99 % of ozone-depleting chemicals.
  2. Sep 16 is also observed as -
    1. International Day of Science, Technology and Innovation for the South (Observed for the 1st time in 2024).
    2. International Day for Interventional Cardiology (Observed since 2022).

Sep 15, 2024

Sep 15 is observed by UN as International Day of Democracy.
Sep 15 - Engineer's Day in India. It commemorates Bharat Ratna awardee Mokshagundam Vishweshvaraya (popularly known as Sir MV).
1. He was chief engineer of Krishna Raja Sagara dam in North-West suburb of Mysuru city, and flood protection system for city of Hyderabad.
2. Notably, Telangana state celebrates Engineers day on July 11th on birthday of Ali Nawaz Jung Bahadur.
3. 15 September is celebrated as Engineer's Day in India, Sri Lanka and Tanzania.

Monthly Trade and Inflation Data (August 2024) -

Inflation -
1. Wholesale price Index (WPI) based (wholesale inflation) -
  1. WPI-based inflation rate for August 2024 declined to 1.31 %
  2. WPI Inflation in last 12 months -
    1. July 2024 - 2.04%
    2. June 2024 - 3.36% (16 months high)
    3. May 2024 - 2.61%
    4. April 2024 - 1.26 %
    5. March 2024 - 0.53 %
    6. February 2024 - 0.20 %
    7. January 2024 - 0.27 %
    8. December 2023 - 0.73 %
    9. November 2023 - 0.26 %
    10. October 2023 - (-) 0.52 % (Negative)
    11. September 2023 - (-) 0.26 % (Negative)
    12. August 2023 - (-) 0.52 % (Negative)
2. Consumer Price Index (CPI) Based (retail inflation) -
  1. CPI-based inflation rate for August 2024 rose to 3.65 %
  2. CPI Inflation in Last 12 Months -
    1. July 2024 - 3.54 % (Lowest in 59 Months)
    2. June 2024 - 5.08 %
    3. May 2024 - 4.75 %
    4. April 2024 - 4.83 %
    5. March 2024 - 4.85 %
    6. February 2024 - 5.09 %
    7. January 2024 - 5.1 %
    8. December 2023 - 5.69 %
    9. November 2023 - 5.55 %
    10. October 2023 - 4.87 %
    11. September 2023 - 5.02 %
    12. August 2023 - 6.83 %

Trade -

Trade in August 2024 (Amount in Billion USD) -

		August 2024 (USD Billion)	August 2023 (USD Billion)
Merchandise	Exports	34.71	38.28
Merchandise	Imports	64.36	62.30
Services*	Exports	30.69	28.71
Services*	Imports	15.70	15.09
Total Trade (Merchandise +Services) *	Exports	65.40	67.00
	Imports	80.06	77.39
	Trade Deficit	-14.66	-10.39

Trade During Previous Financial Year (FY24 (2023-24)) -

		2023-24 (USD Billion)	2022-23 (USD Billion)
Merchandise	Exports	437.06	451.07
Merchandise	Imports	677.24	715.97
Services*	Exports	339.62	325.33
Services*	Imports	177.56	182.05
Overall Trade (Merchandise+ Services)*	Exports	778.20 (NEW RECORD)	776.40
	Imports	854.80	898.01
	Trade Balance	-76.60	-121.62

McLaren's Australian F1 Racer Oscar Piastri won Azerbaijan Grand Prix 2024.

F1 Season 2024 -

Round	Grand Prix	Winner	Race date
1	Bahrain Grand Prix	Max Verstappen (Dutch-Belgian)	2 March
2	Saudi Arabian Grand Prix	Max Verstappen (Dutch-Belgian)	9 March
3	Australian Grand Prix	Carlos Saint Jr. (Spanish)	24 March
4	Japanese Grand Prix	Max Verstappen (Dutch-Belgian)	7 April
5	Chinese Grand Prix	Max Verstappen (Dutch-Belgian)	21 April
6	Miami Grand Prix	Lando Norris (British-Belgian)	5 May
7	Emilia Romagna Grand Prix	Max Verstappen (Dutch-Belgian)	19 May
8	Monaco Grand Prix	Charles Leclerc (Monaco)	26 May
9	Canadian Grand Prix	Max Verstappen (Dutch-Belgian)	9 June
10	Spanish Grand Prix	Max Verstappen (Dutch-Belgian)	23 June
11	Austrian Grand Prix	George Russell (British)	30 June
12	British Grand Prix	Lewis Hamilton (British)	7 July
13	Hungarian Grand Prix	Oscar Piastri (Australian)	21 July
14	Belgian Grand Prix	Lewis Hamilton (British)	28 July
15	Dutch Grand Prix	Lando Norris (British-Belgian)	25 August
16	Italian Grand Prix	Charles Leclerc (Monaco)	1 September
17	Azerbaijan Grand Prix	Oscar Piastri (Australian)	15 September
18	Singapore Grand Prix		22 September
19	United States Grand Prix		20 October
20	Mexico City Grand Prix		27 October
21	São Paulo Grand Prix		3 November
22	Las Vegas Grand Prix		23 November
23	Qatar Grand Prix		1 December
24	Abu Dhabi Grand Prix		8 December

Sep 14, 2024
1. Sep 14 is observed as Hindi Diwas (Also called Rajbhasha Diwas). It commemorates adoption of Hindi written in Devanagari script as one of the two official languages of the Republic of India by Constituent Assembly of India, in 1949.
2. Indian Air Force hosted exercise Tarang Shakti 2024, with participation of air forces from 27 nations. It was hosted in 2 Phases, at Sulur Air Base (Tamil Nadu) & Jodhpur Air Force Station (Rajasthan).
3. India's Olympic Gold medalist Javelin thrower Neeraj Chopra won Silver in 2024 Diamond League Final (Brussels), with throw of 87.86 m.
  1. Gold was won by Anderson Peters (Grenada), win throw of 87.87 m (Margin of 1 cm).
  2. Earlier during 2024 Diamond League Season, Neeraj had won Silver medals during Doha & Lausanne editions.
Sep 13, 2024
1. Govt renamed Port Blair (capital of UT of Andaman and Nicobar Islands) as Sri Vijaya Puram, to honor India's freedom struggle and remove colonial imprints.
Sep 12, 2024
1. Sep 12 is observed by UN as International Day for South-South Cooperation.
2. Pradhan Mantri Kisan Maandhan Yojana (PM-KMY) completed 5 years of implementation on Sep 12, 2024 (Launched on September 12, 2019), aimed at providing social security to all land-holding Small and Marginal Farmers (SMFs) across country.
  1. Under this, eligible farmers are given fixed monthly pension of 3000 after attaining age of 60. To qualify, farmers contribute monthly to pension fund during their working years (Between Rs 55-200), with matching contributions from central govt. Pension fund is managed by Life Insurance Corporation (LIC).
  2. Farmers with cultivable land holdings of up to 2 hectares are eligible for benefits under the scheme. Scheme has approx 23.50 Lakh Subscribers so far, with most from Uttar Pradesh, Chhattisgarh, and Odisha.
3. Govt launched Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), as a sub-scheme under Pradhan Mantri Matsya Sampada Yojana (PMMSY), with investment plan of 6000 crores.
  1. PM-MKSSY has been launched on occasion of 4th anniversary of PMMSY.
4. Ramon Magsaysay Awards 2024 Winners (66th edition, also called Nobel Peace Prize of Asia) -
  1. Karma Phuntsho (Bhutan) - Honored for his efforts in bridging Bhutan's rich cultural heritage with modern societal needs, promoting education, social entrepreneurship.
  2. Nguyen Thi Ngoc Phuong (Vietnam) - Honored For fight against devastating effects of Agent Orange (a chemical herbicide used by US during Vietnam War), seeking justice for victims while pioneering reproductive health solutions.
  3. Farwiza Farhan (Indonesia) - Honored for efforts to protect Sumatra's Leuser Ecosystem, empowering local communities and women to safeguard their future.
  4. Miyazaki Hayao (Japan) - Noted Japanese filmmaker, and co-founder of Studio Ghibli, who uses animation to explore complex human issues, inspiring audiences with thought-provoking films.
  5. Rural Doctors Movement (Thailand) - Group of Thai physicians who has championed universal health coverage, significantly improving rural healthcare access and quality.
  6. About -
    1. Ramon Magsaysay Award is an annual award established to perpetuate former Philippine President Ramon Magsaysay's example of integrity in governance, courageous service to people, and pragmatic idealism within a democratic society.
    2. Prize was established in April 1957 by trustees of Rockefeller Brothers Fund based in New York City, with concurrence of Philippine government. Prize carries award money of $50000.
Sep 11, 2024
1. Sep 11 is observed in India as National Forest Martyrs Day, observed by Ministry of Environment, Forest and Climate Change.
2. Commerce and Industry Minister Piyush Goyal launched Trade Connect e-Platform (Trade.gov.in), as a new digital initiative aimed at transforming landscape of international trade for Indian exporters, especially MSMEs (Medium, Small and Medium Enterprises).
  1. The platform aims to address information asymmetry by serving as a one-stop solution, providing exporters with real-time access to critical trade-related information, and connecting them to key govt entities.
3. National Payments Corporation of India (NPCI) launched UPI One World, as a new digital payment solution for international visitors from countries that have collaborated with India's UPI system.
  1. It aims to offer foreign travellers a seamless and efficient method for digital transactions throughout their stay in India.
  2. NPCI has teamed up with IDFC First Bank and Transcorp International, to roll out this payments solution.
4. Govt's Anusandhan National Research Foundation (ANRF) launched Partnerships for Accelerated Innovation and Research (PAIR) programme, to enhance quality research-oriented higher education in country.
  1. PAIR programme will cultivate research excellence in central / state universities, by fostering collaborations with top-tier institutions via a mentorship-driven hub and spoke model.
  2. The model will pair universities where research is at a nascent stage, with top-tier established research institutions.
  3. Hub institutions will include top 25 NIRF overall ranking & Institutions of National Importance within top 50 NIRF overall ranking. While Central / State Public Universities and select NITs / IIITs will be added as spoke institutions. Each PAIR network would consist of one hub and up to seven spoke institutions.
5. Cabinet Approvals (Sep 11, 2024) -
  1. General -
    1. Approved modification of scheme of budgetary support for cost of Enabling Infrastructure for Hydro Electric Projects (HEP), with outlay of 12461 crores upto FY32 (2031-32), for cumulative generation capacity of about 31350 MW.
      1. To promote hydro power sector, Cabinet had approved several measures in March 2019. For improvement of Hydro infrastructure in remote locations, mentioned modifications have been made in earlier scheme -
        
        Widen ambit of Budgetary Support for cost of Enabling Infrastructure by including 4 more items apart from construction of roads and bridges.
        
        Scheme will be applicable to Hydro Power Projects over 25 MW capacity, Pumped Storage Projects (PSPs). Cumulative PSP capacity of 15000 MW would be supported.
        
        Projects whose Letter of Award of first major package is issued upto 30-06-2028 would be considered under this scheme.
        
        Limit of Budgetary Support for cost of Enabling Infrastructure has been rationalized to
        
        Rs 1.0 crore/MW for projects up to 200 MW.
        
        Rs 200 crore plus Rs 0.75 crore per MW exceeding 200 MW.
        
        For exceptional cases, limit of budgetary support may go upto Rs.1.5 Crore/MW.
    2. Approved Implementation of Pradhan Mantri Gram Sadak Yojana - IV during FY 2024-25 to 2028-29, with outlay of 70125 Crores for construction of 62500 Kms road.
      1. Under this, 25000 unconnected habitations of population size 500+ in plains, 250+ in NE/Hill Sates/UTs, special category areas and 100+ in LWE affected districts will be covered.
    3. Approved Mission Mausam with outlay of 2000 crores over 2 years, to be implemented by Ministry of Earth Sciences.
      1. It will help in tackling extreme weather events and impacts of climate change by improving India's weather and climate-related science, research, and services.
      2. 3 institutes of Ministry of Earth Sciences - India Meteorological Department, Indian Institute of Tropical Meteorology, and National Centre for Medium-Range Weather Forecasting will primarily implement Mission Mausam.
    4. Approved health coverage to all senior citizens aged 70 years and above (irrespective of income) under flagship scheme Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY).
      1. This will benefit over 6 crore senior citizens, with 5 Lakh rupees free health insurance cover on a family basis. Eligible senior citizens will be issued a new distinct AB PM-JAY card.
      2. Senior citizens aged over 70 years belonging to families already covered under AB PM-JAY will get an additional top-up cover upto ₹5 lakh per year for themselves.
    5. Approved PM-eBus Sewa-Payment Security Mechanism (PSM) scheme for procurement and operation of e-buses by Public Transport Authorities, with outlay of 3435 crores.
      1. It will support deployment of over 38000 electric buses from FY 2024-25 to FY 2028-29, to support operation of e-buses for 12 years from date of deployment.
      2. To address high capital cost of e-buses, Public Transport Authorities induct e-buses through Public Private Partnership on Gross Cost Contract (GCC) model.
        
        Under it, PTAs are not required to pay upfront cost of the bus, instead OEMs/operators procure and operate e-buses for PTAs with monthly payments.
        
        However, OEMs/operators are hesitant to engage in this model due to concerns about potential payment defaults. The scheme addresses this concern by ensuring timely payments to OEMs/operators through a dedicated scheme fund, which will be later recouped by PTAs/State/UTs.
    6. Approved proposal of Ministry of Heavy Industries for implementation of PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme for promotion of electric mobility, with outlay of 10900 crores over 2 years.
      1. Subsidies/Demand incentives worth 3679 crores have been provided to incentivize e-2Ws, e-3Ws, e-ambulances, e-trucks and other emerging EVs. The scheme It will support 24.79 lakh e-2Ws, 3.16 lakh e-3Ws, and 14,028 e-buses. e-vouchers are being introduced for EV buyers to avail demand incentives under the scheme.
      2. 500 crores have been allocated for deployment of e-ambulances.
      3. 500 crores has been allocated for incentivising e-trucks.
      4. 4391 crores has been provided for procurement of 14028 e-buses by STUs/public transport agencies, in 9 cities with over 40 lakh population (Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Surat, Bangalore, Pune and Hyderabad).
      5. The scheme allocates 2000 crores for installation of electric vehicle public charging stations (EVPCS), includng 22100 fast chargers for e-4 Ws, 1800 fast chargers for e-buses and 48400 fast chargers for e-2W/3Ws.
Sep 10, 2024
1. Sep 10 is observed by WHO as World Suicide Prevention Day.
2. American Space Tech Firm SpaceX launched Polaris Dawn mission, as first of 3 planned missions under Polaris program.
  1. Launched onboard a Crew Dragon spacecraft, Mission's crew size was 4, consisting Jared Isaacman (Shift4 Payments CEO), Scott Poteet, Sarah Gillis & Anna Menon.
  2. The crew was taken 1400 KMs away from Earth, the farthest anyone has been since NASA's Apollo program. They passed through parts of Van Allen radiation belt to study health effects of space radiation and spaceflight on human body. Later, the crew performed the first commercial spacewalk.
3. General News / Events (Sep 1-10, 2024) -
  1. Health Ministry released Health Dynamics of India (Infrastructure and Human Resources) 2022-23, an annual publication (formerly known as Rural Health Statistics), published since 1992.
  2. 2nd Asia Pacific Ministerial Conference on Civil Aviation 2024 held in New Delhi.
  3. Home Minister Amit Shah released 200 Not Out documentary of newspaper Mumbai Samachar, marking 200 years of India's oldest newspaper (Established in 1822).
  4. 2024 Edition of UNESCO Chief Science Advisers' Roundtable (CSAR) held at UNESCO HQ in Paris (France), co-organised by Office of Principal Scientific Adviser to Govt of India and Natural Sciences Sector of UNESCO.
    1. CSAR was launched as a Sherpa-track initiative during Indian G20 Presidency (2023).
  5. Inaugural session of India Bio-Energy & Tech Expo 2024 held at Yashobhoomi (New Delhi). Notably -
    1. Ethanol blending percentage in India increased from 1.53% in 2014 to 15% in 2024, aimed at 20% by 2025.
    2. Over past decade, Ethanol blending has resulted in reducing CO2 emissions by 519 lakh metric tons.
  6. President Droupadi Murmu unveiled new flag and insignia of Supreme Court of India, during National Conference of District Judiciary organised by Supreme Court in New Delhi.
  7. UP Chief Minister Yogi Adityanath inaugurated Jatayu Conservation and Breeding Centre in Campierganj range of Gorakhpur Forest Division, as world’s first such facility for protection of Asian King Vulture.
4. 4th and 5th ships under Anti-Submarine Warfare Shallow Water Craft project of Indian Navy, named Mulki & Malpe, developed by Cochin Shipyard Limited (CSL) have been launched.
  1. Under this project, 8 ships are being made by each of Cochin Shipyard (CSL) and Garden Reach Shipbuilders and Engineers (GRSE), with over 80% indigenous content.
5. 2024 FIBA Under-17 Basketball World Cup (Turkey) -
  1. USA won the title (their 7th), defeating Italy in final.

Sep 09, 2024

2024 U20 World Wrestling Championships (Pontevedra, Spain). -

Medal Table -

Rank	Nation	Gold	Silver	Bronze	Total
1	Iran	7	2	4	13
2	Japan	5	2	5	12
3	United States	3	7	6	16
4	Kazakhstan	2	1	4	7
5	China	2	1	2	5
6	Ukraine	2	1	1	4
7	India	1	1	5	7

India ranked 7th, with 7 Medals (1 Gold, 1 Bronze & 5 Silver).
Notable Indian Medalists -
1. Jyoti Berwal - Gold in 76 kg Women's freestyle
2. Nitika - Silver in 62 kg Women's freestyle

2024 Intercontinental Cup Football (Hyderabad, India) -
1. Tournament Saw participation from Syria, Mauritius & India.
2. Syria won the title (Their 1st), with Mauritius in 2nd place and India at 3rd.
Sep 9 is observed as World EV (Electric Vehicle) Day.
1. Sep 9 is also observed by UN as International Day to Protect Education from Attack.
2. Sep 9 is also observed as Himalaya Day, declared by Uttarakhand Govt in 2015.
AU Small Finance Bank submitted an application to RBI, to seek approval for voluntary transition from a Small Finance Bank (SFB) to a Universal Bank.
1. RBI Guidelines for being eligible for voluntary transition of SFB into Universal Banks -
  1. Minimum 5 years of satisfactory track record of performance.
  2. Shares of SFBs should have been listed in the recognized stock exchange.
  3. Minimum net worth of 1000 crores.
  4. Minimum Capital to risk-weighted assets ratio (CRAR) of 15 %
  5. Track record of earning net profit for past 2 years.
  6. Gross NPAs to be equal or less than %, and Net NPAs to be equal or less than 1 % for last two years.
2. Notably, This comes after Fincare Small Finance Bank was recently merged with AU SFB.
44th General Assembly of Olympic Council of Asia (OCA) held at Bharat Mandapam (New Delhi), with participation from 45 Asian countries. During the meet -
1. Indian sports administrator Randhir Singh has been elected as president of Olympic Council of Asia (OCA), as First Indian to hold the post.
2. Yogasana has been officially included as a demonstration sport in upcoming 2026 Asian Games (Aichi-Nagoya, Japan).

Sep 08, 2024

Sep 8 is observed by UNESCO as International Literacy Day. 2024 theme is Promoting multilingual education: Literacy for mutual understanding and peace.
1. On this occasion -
  1. Ministry of Education organized International Conference titled Spectrum of Literacy, at NCERT (New Delhi).
  2. UNESCO honored 2024 Laureates of UNESCO Literacy Prizes -
    1. UNESCO King Sejong Literacy Prize awards for mother-tongue literacy education and training, sponsored by South Korea. Each of 3 King Sejong prize winners receive a medal, a diploma and US$20000. Awardees -
      1. voXmi educational network’ programme by University Colleges of Teacher Education (Austria) - For connecting over 60 educational institutions to promote multilingual education.
      2. Libraries Without Walls programme by Foundation for Educational Equity and Development (Ghana) - For improving literacy for underserved children and youth, by reaching over 3000 children annually.
      3. ProEd LECTO LABS’ programme by Fundación ProEd (Panama) - It offered training to over 700 teachers in marginalized communities, focusing on modern literacy methods and benefitting to approximately 35000 students.
    2. UNESCO Confucius Prize for Literacy (Supported by China) . Each of 3 Confucius prize winners receives a medal, a diploma and US$30000.
      1. Illiteracy Eradication Project by Mansoura University (Egypt) - Since 2019, this project has trained university students to provide literacy courses in rural areas, improving lives and addressing gender disparities. Over 130,000 learners have graduated from it.
      2. Sokola literacy education for indigenous Indonesians programme by the Sokola Institute (Indonesia) - It empowers indigenous communities with literacy and advocacy skills, by blending first-language instruction with national languages and ethnographic methods to preserve cultures and teach broader skills.
      3. FastTrack programme by the Aid for Rural Education Access Initiative (Nigeria) - It has supported under-resourced schools and marginalized communities, focusing on refugee and displaced children.
2. Sep 8 is also observed as World Physiotherapy Day, to mark establishment of the profession in 1951.

17th Summer Paralympics 2024 (Paris, France) -

About -
1. 4463 Athletes from 170 Nations particiated in 549 Events of 22 sports.
2. The Phryges were named as Mascots of 2024 Summer Olympics and Paralympics, as a pair of anthropomorphic Phrygian caps, a historic French symbol of freedom and liberty.
3. Next, 2028 Summer Paralympics will be hosted in Los Angeles (USA), while 2032 edition will be hosted by Brisbane (Australia). Notably, India has expressed interest in hosting 2036 Summer Olympics & Paralympics, and 2030 Youth Olympics.

Medal Table -

Rank	Nation	Gold	Silver	Bronze	Total
1	China	94	76	50	220
2	Great Britain	49	44	31	124
3	United States	36	42	27	105
4	Netherlands	27	17	12	56
–	Neutral Paralympic Athletes	26	22	23	71
5	Brazil	25	26	38	89
6	Italy	24	15	32	71
7	Ukraine	22	28	32	82
8	France	19	28	28	75
9	Australia	18	17	28	63
10	Japan	14	10	17	41
18	India	7	9	13	29

China topped the medal table for 6th consecutive Paralympics. Additionally, Mauritius, Nepal, and the Refugee Paralympic Team won their first-ever Paralympic medals.

India at 2024 Paralympics -

Indian contingent consisted of 84 athletes who competed in 12 sports. Bhagyashree Jadhav (Shot Put) and Sumit Antil (Javelin Throw) were flag bearers during opening ceremony. Also, Preethi Pal (track and field) and Harvinder Singh (Archery) served as flag bearers during the closing ceremony.
India won 29 medals (7 Gold, 9 silver, 13 bronze) during the games, to be ranked 18th (Compared to 24th place in 2020 Paralympics). This marked India's highest ever medal tally in Paralympic Games, surpassing the tally of 19 medals won in the 2020 Games.

Indian Medalists -

Medal	Name	Sport	Event
Gold	Avani Lekhara	Shooting	Women's R2 10 m air rifle standing SH1 First Indian woman to win two gold medals at the Paralympics (2020 Tokyo & 2024 Paris). First Male Indian Athlete to win 2 Paralympic Gold Medals is Devendra Jhajharia (Javelin Thrower). He had won Gold medals in Athens 2004 & Rio 2016 Olympics.
Gold	Kumar Nitesh	Badminton	Men's singles SL3
Gold	Sumit Antil	Athletics	Men's javelin throw F64 First Indian male athlete to win back-to-back gold medals in the same event. He had set new Paralympic record of 70.59m.
Gold	Harvinder Singh	Archery	Individual recurve open First-ever Paralympic gold medal in archery for India.
Gold	Dharambir Nain	Athletics	Club throw F51
Gold	Praveen Kumar		High jump T64
Gold	Navdeep Singh		Javelin throw F41
Silver	Manish Narwal	Shooting	Men's P1 10 m air pistol SH1
Silver	Nishad Kumar	Athletics	Men's high jump T47
Silver	Yogesh Kathuniya	Athletics	Men's discus throw F56
Silver	Thulasimathi Murugesan	Badminton	Women's singles SU5
Silver	Suhas Yathiraj	Badminton	Men's singles SL4
Silver	Ajeet Singh Yadav	Athletics	Javelin throw F46
Silver	Sharad Kumar		High jump T63
Silver	Sachin Khilari		Men's shot put F46
Silver	Pranav Soorma		Club throw F51
Bronze	Mona Agarwal	Shooting	Women's R2 10 m air rifle standing SH1
Bronze	Preethi Pal	Athletics	Women's 100 m T35 She became first Indian woman track and field athlete to win two medals at the Paralympics (bronze in 200m T35 category and bronze in women's T35 100m event)
Bronze	Rubina Francis	Shooting	Women's P2 10 metre air pistol SH1
Bronze	Preethi Pal	Athletics	Women's 200 m T35 She became first Indian woman track and field athlete to win two medals at the Paralympics (bronze in 200m T35 category and bronze in women's T35 100m event)
Bronze	Manisha Ramadass	Badminton	Women's singles SU5
Bronze	Sheetal Devi, Rakesh Kumar	Archery	Mixed team compound
Bronze	Nithya Sivan	Badminton	Women's singles SH6
Bronze	Deepthi Jeevanji	Athletics	Women's 400 m T20
Bronze	Mariyappan Thangavelu		Men's high jump T63
Bronze	Sundar Singh Gurjar		Men's javelin throw F46
Bronze	Kapil Parmar	Judo	Judo India's first-ever Paralympic judo medal.

Notably -
1. Satya Prakash Sangwan (Vice President of Paralympic Committee of India), was appointed as Chef de Mission for Indian contingent at 2024 Paralympics.

US Open Tennis 2024 -
1. About -
  1. This was US Open's 144th edition, and fourth and final Grand Slam event of the year (Along with Australian Open, French Open & Wimbledon).
2. Winners -
  1. Men's singles - Jannik Sinner (Italy). He defeated Taylor Fritz (US) in final.
    1. This was 1st US Open and 2nd Grand Slam title overall, for Jannik Sinner.
  2. Women's singles - Aryna Sabalenka (Belarus). She defeated Jessica Pegula (US) in final.
    1. This was 1st US Open and 3rd Grand Slam title overall, for Aryna Sabalenka.
  3. Men's doubles - Australia's Max Purcell & Jordan Thompson
  4. Women's doubles - Lyudmyla Kichenok (Ukraine) & Jeļena Ostapenko (Latvia)
  5. Mixed doubles - Italy's Sara Errani & Andrea Vavassori
  6. Boys' singles - Rafael Jódar (Spain)
  7. Girls' singles - Mika Stojsavljevic (UK)
Govt named Tuhin Kanta Pandey as new Finance Secretary, after earlier finance secretary TV Somanathan was named as new Cabinet Secretary.

Sep 07, 2024
1. September 1-7 is observed annually as National Nutrition Week across India. Also, Sep is observed as Rashtriya Poshan Maah.
2. Sep 07 is observed by UN as -
  1. International Day of Clean Air for Blue Skies, observed since 2020.
    1. On this occasion, Central Pollution Control Board (CPCB) released list of top ranked cities as per Swachh Vayu Sarvekshan 2024 (Among 130 cities), under National Clean Air Programme (NCAP) Program -
      1. Category 1 (Population Over 10 lakh) -
        
        Surat (Gujarat)
        
        Jabalpur (Madhya Pradesh)
        
        Agra (Uttar Pradesh)
      2. Category 2 (Population 3-10 lakh) -
        
        Firozabad (Uttar Pradesh)
        
        Amravati (Maharashtra)
        
        Jhansi (Uttar Pradesh)
      3. Category 3 (Population Under 3 lakh) -
        
        Raebareli (Uttar Pradesh)
        
        Nalgonda (Telangana)
        
        Nalagarh (Himachal Pradesh)
      4. Background -
        
        Launched in 2019, NCAP aims at improving air quality in cities across country. It envisages to achieve reductions up to 40% or achievement of National Ambient Air Quality Standards for Particulate Matter10 (PM 10) concentrations by 2025-26.
  2. International Day of Police Cooperation, observed since 2023.
  3. World Duchenne Awareness Day (Observed for the first time in 2024).
Sep 06, 2024
1. Notable points from PM Narendra Modi's visit to Brunei & Singapore -
  1. Brunei -
    1. This was first ever bilateral visit by an Indian Prime Minister to Brunei, coinciding with 40th anniversary of establishment of diplomatic ties between India and Brunei.
    2. Inaugurated new Chancery premises of High Commission of India in Brunei.
  2. Singapore -
    1. 4 Notable MOUs Signed -
      1. Between India’s Ministry of Electronics and IT (MeitY) and Singapore’s Ministry of Digital Development, to enhance cooperation in Digital Public Infrastructure (DPI), cybersecurity, 5G, artificial intelligence, and quantum computing.
      2. Between India’s Ministry of Electronics and IT (MeitY) & Singapore's Ministry of Trade and Industry, to collaborate on semiconductor cluster development and nurturing talent in semiconductor design and manufacturing.
      3. For Co-operation in Joint research and innovation in healthcare technologies.
      4. Between India's Ministry of Skill Development and Entrepreneurship and Singapore's Ministry of Education, to foster educational cooperation and skills development.
    2. Announced establishment of world’s first Thiruvalluvar Cultural Centre in Singapore, dedicated to noted Tamil poet and philosopher Thiruvalluvar.
2. UN General Assembly declared July 6 as World Rural Development Day, to be observed annually from July 06, 2025 Onwards.
3. India-based International Solar Alliance (ISA) hosted first edition of International Solar Festival at Bharat Mandapam (New Delhi), as a platform for key solar sector stakeholders to share ideas and promote solar energy adoption worldwide.
  1. Gurugram (Haryana) Based ISA was established in 2015 during Paris Agreement Conference (COP21). It is first India-initiated intergovernmental alliance.
  2. It aims to promote use of solar energy and reduce reliance on fossil fuels, among 121 solar energy abundant nations located between Tropic of Cancer and Tropic of Capricorn.
4. International Indian Film Academy (IIFA) Awards 2024 Winners -
  1. Best Film - Animal
  2. Best Director - Vidhu Vinod Chopra (12th Fail)
  3. Best Actor (Male) - Shah Rukh Khan (Jawan)
  4. Best Actor (Female) - Rani Mukerji (Mrs. Chatterjee vs Norway)
  5. Best Actor in a Supporting Role (Male) - Anil Kapoor (Animal)
  6. Best Actor in a Supporting Role (Female) - Shabana Azmi (Rocky Aur Rani Kii Prem Kahaani)
  7. Best Playback Singer (Male) - Bhupinder Babbal for Arjan Vailly (Animal)
  8. Best Playback Singer (Female) - Shilpa Rao for Chaleya (Jawan)
  9. Special Awards -
    1. Outstanding Contribution to Indian Cinema – Hema Malini & Jayantilal Gada
    2. Achievement on completing 25 years in Cinema – Karan Johar
5. French Navy hosted annual Varuna 24 Joint Indo-French Naval exercise, in Mediterranean Sea.
Sep 05, 2024
1. Textiles Minister Giriraj Singh launched VisioNxt of National Institute of Fashion Technology (NIFT), as India’s first fashion forecasting initiative.
  1. India-specific Fashion Trend Book Paridhi 24x25, was also launched on the occaison.
  2. VisioNxt was conceived in 2018, now centralized in NIFT Chennai. It combines AI and EI to generate fashion trend insights and forecasts, using a unique prediction model known as DeepVision.
2. Sep 5 - National Teachers' Day in India. It commemorates Birth anniversary of Sarvepalli Radhakrishnan, first Vice President and second President of India.
  1. Sep 5 is also observed by UN as International Day of Charity, to commemorate death anniversary of noted nobel laureate social worker Mother Teresa (on Sep 5, 1997).
3. Book From Oil to Lithium: Navigating the Future of Energy, authored by energy expert Kuldeep Gupta has been released.
4. Ministry of Electronics and Information Technology (MeitY) launched 2nd Cohort of Startup Accelerators of MeitY for Product Innovation, Development and Growth (SAMRIDH), a flagship programme of MeitY for startups acceleration under National Policy on Software Products 2019.
  1. SAMRIDH was launched in August 2021, to support 300 software product startups with outlay of ₹99 crores over 4 years. It is being implemented by MeitY Start-up Hub (MSH), Digital India Corporation (DIC).
  2. Under 2nd cohort, agenda is to select and support 125 startups through potential accelerators.
Sep 04, 2024
1. Ministry of Electronics and Information Technology (MeitY) launched India Graphene Engineering and Innovation Centre (IGEIC), aiming to develop cutting-edge solutions and build a robust industrial base for advanced materials.
  1. IGEIC is first-of-its-kind not for profit company, incorporated to create a hub of excellence in graphene technology commercialization, focusing on a range of applications.
  2. IGEIC is strategically located with its R&D setup in Trivandrum (Kerala), Corporate & Business Development hub in Bangalore (Karnataka), and manufacturing unit in Palakkad (Kerala).
2. Ministry of Electronics and Information Technology (MeitY) launched several Blockchain Technology initiatives -
  1. Vishvasya-Blockchain Technology Stack - To offer Blockchain-as-a-Service with a geographically distributed infrastructure designed to support various permissioned Blockchain based applications.
  2. National Blockchain Framework - For promoting research and application development.
  3. NBFLite - Lightweight Blockchain Sandbox Platform.
  4. Praamaanik - an innovative blockchain-enabled solution for verifying mobile app origin.
  5. National Blockchain Portal.
3. Madhya Pradesh govt launched Brindavan Gram scheme, under which, gaushalas and other measures benefitting rural areas will be established.
  1. Brindavan Gram scheme will aim at promoting milk production in villages and increase farmers’ incomes, along with roof-top solar facilities for rural households.
4. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan (Crown Prince of Abu Dhabi) officially inaugurated Indian Institute of Technology Delhi's Abu Dhabi campus in UAE.
  1. Earlier, IIT Madras had set up first-such IIT international campus in Zanzibar (Tanzania).
Sep 03, 2024
1. French President Emmanuel Macron & Noted French slalom canoeist Tony Estanguet (3 time Olympic champion) have been presented with Olympic Order for 2024.
  1. Notably, Tony Estanguet was President of Paris 2024 Organising Committee.
  2. Established in 1975, The Olympic Order is highest award of the Olympic Movement.
  3. Also, International Olympic Committee (IOC) President Thomas Bach has been awarded the order of Officier de la Légion d’Honneur by France, as France’s highest order of merit.
2. Minister of Women and Child Development, Annpurna Devi launched SHe-Box portal, aimed at bolstering workplace safety for women.
  1. The centralized platform will streamline registration and monitoring of complaints related to sexual harassment at workplaces.
3. Tejinder Singh has been appointed as new Deputy Chief of the Air Staff of the Indian Air Force.
  1. Notably, the post is different from Vice Chief of Indian Air Force (Sujeet Pushpakar Dharkar currently).
4. Agriculture Minister Shivraj Singh Chouhan launched AgriSURE (Agri Fund for Start-ups & Rural Enterprises), designed to fuel growth and foster innovation in agricultural and rural start-up ecosystem.
  1. Fund Size is 750 crores, out of which 250 Crores is contribution from Central Govt, 250 Crores from NABARD & 250 crores being mobilized from Banks/Insurance Firms/Investors.
Sep 02, 2024
1. Cebinet Approvals (Sep 02, 2024) -
  1. Cabinet Committee on Economic Affairs (CCEA) -
    1. Approved procurement of 240 aero-engines (AL-31FP) for Su-30 MKI aircraft of Indian Air Force (IAF) under Buy (Indian) category from Hindustan Aeronautics Limited (HAL), at cost over 26000 crores. The delivery of these aero-engines will start after one year and complete over 8 years.
    2. Approved a new railway line project between Indore (MP) and Manmad (Maharashtra), with cost 18036 crores.
      1. The project has been conceptualized under PM-Gati Shakti National Master Plan for multi-modal connectivity, and will provide shortest rail connectivity between major commercial hubs of Mumbai and Indore.
      2. It covers 6 Districts in Maharashtra and Madhya Pradesh, and will increase existing network of Indian Railways by 309 Kms.
      3. Under it, 30 New Stations will be constructed, providing enhancing connectivity to Aspirational District Barwani.
  2. General -
    1. Approved proposal of Kaynes Semicon Pvt Ltd to setup a semiconductor unit in Sanand (Gujarat), with investment of 3300 crores.
      1. The capacity of this unit will be 60 Lakh chips per day. Produced chips will cater to a wide variety of applications & segments.
      2. Notably -
        
        Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India was notified in Dec 2021, with outlay of 76000 crores.
        
        In June 2023, Cabinet approved first proposal for setting up a semiconductor unit in Sanand (Gujarat), being setup by Micron Technology.
        
        In February, 2024, 3 more semiconductor units were approved -
        
        Tata Electronics's semiconductor fab in Dholera (Gujarat)
        
        Tata Electronics's semiconductor unit in Morigaon (Assam).
        
        CG Power's semiconductor unit in Sanand (Gujarat).
        
        All 4 semiconductor units will have cumulative capacity of over 7 crore chips per day.
        
        Also, Israel’s Tower Semiconductor and India’s Adani Group have partnered to set up a new semiconductor manufacturing project in Maharashtra, with investment of approx $10 billion.
    2. Approved 7 schemes with a total outlay of 14235 crores, to enhance farmers' lives and incomes.
      1. Digital Agriculture Mission (2817 crores) -
        
        The Mission will act as an umbrella scheme to support digital agriculture initiatives, such as creating Digital Public Infrastructure, implementing Digital General Crop Estimation Survey (DGCES), and taking up other IT initiatives.
        
        For transformation of Agriculture Sector, govt announced building of Digital Public Infrastructure (DPI) for agriculture in Union Budget FY24 (2023-24). Further, in Budget FY25 (2024-25), the augmentation of DPI initiative for agricultural sector was also announced.
        
        The 3 DPIs to be built under the Mission are Agristack, Krishi Decision Support System, and Soil Profile Mapping.
        
        AgriStack will enable efficient, easier, and faster services and scheme delivery to farmers. It consists of 3 registries - Farmers’ Registry, Geo-referenced village maps and Crop Sown Registry. Under AgriStack, farmers will be given a digital identity (Farmer ID) similar to Aadhaar.
        
        Krishi Decision Support System will create a geospatial system to unify remote sensing-based information on Crops, Soil, Weather, water resources, etc.
        
        Detailed Soil Profile Maps on a 1:10000 scale of about 142 million hectares of country's agricultural land will be completed.
      2. Crop Science for Food and Nutritional Security (3979 crores) -
        
        Focus on climate resilience and food security by 2047.
        
        Emphasizes genetic crop improvement, pest research, and education.
      3. Strengthening Agricultural Education (2291 crores) -
        
        Modernizes research in line with the New Education Policy 2020.
        
        Incorporates climate resilience, natural farming, and advanced technology in curricula.
      4. Sustainable Livestock Health and Production (1702 crores) -
        
        Improves income through livestock and dairy management.
        
        Focus on veterinary education, animal nutrition, and genetic improvement.
      5. Sustainable Horticulture Development (1129 crores) -
        
        Aims to boost income from horticulture crops like vegetables, floriculture, spices, and medicinal plants.
      6. Strengthening Krishi Vigyan Kendras (1202 crores) -
        
        Enhances agricultural research and extension services.
      7. Natural Resource Management (1115 crores) -
        
        Focuses on sustainable management of land, water, and soil resources.
2. Sep 2 is observed as World Coconut Day Globally, declared by UN-ESCAP, to commemorate foundation day of the International Coconut Community (ICC).
3. As per World Bank's report India Development Update : India’s Trade Opportunities in a Changing Global Context -
  1. Despite global economic headwinds, India remains the fastest growing major economy.
  2. World Bank Projections for Major Economic Indicators -
  4. Notably, Indian Economy GDP Growth projection for FY25 (2024-25) has been increased to 7.0 %, up from 6.6 % earlier.

Sep 01, 2024

2024 Durand Cup Football (133rd edition, noted as oldest football tournament in Asia, Sponsored by IndianOil ) -
1. NorthEast United won the title (their 1st), defeating Mohun Bagan SG in Final.
Department of Telecommunications (DoT) notified Telecommunications (Administration of Digital Bharat Nidhi) Rules 2024, which aim to enhance implementation of Digital Bharat Nidhi initiative, established under Telecommunications Act 2023.
1. Universal Service Obligation Fund (USOF), originally created under Indian Telegraph Act 1885, has now been renamed as Digital Bharat Nidhi. DBN Funds will be directed towards projects aimed at enhancing telecommunication services in underserved / remote regions.
2. The rules outline powers and responsibilities of the administrator, who will oversee implementation of Digital Bharat Nidhi. They also set forth the criteria for selecting and executing schemes and projects under DBN.

Ferrari's Monacan F1 Racer Charles Leclerc won Italian Grand Prix 2024.

F1 Season 2024 -

Round	Grand Prix	Winner	Race date
1	Bahrain Grand Prix	Max Verstappen (Dutch-Belgian)	2 March
2	Saudi Arabian Grand Prix	Max Verstappen (Dutch-Belgian)	9 March
3	Australian Grand Prix	Carlos Saint Jr. (Spanish)	24 March
4	Japanese Grand Prix	Max Verstappen (Dutch-Belgian)	7 April
5	Chinese Grand Prix	Max Verstappen (Dutch-Belgian)	21 April
6	Miami Grand Prix	Lando Norris (British-Belgian)	5 May
7	Emilia Romagna Grand Prix	Max Verstappen (Dutch-Belgian)	19 May
8	Monaco Grand Prix	Charles Leclerc (Monaco)	26 May
9	Canadian Grand Prix	Max Verstappen (Dutch-Belgian)	9 June
10	Spanish Grand Prix	Max Verstappen (Dutch-Belgian)	23 June
11	Austrian Grand Prix	George Russell (British)	30 June
12	British Grand Prix	Lewis Hamilton (British)	7 July
13	Hungarian Grand Prix	Oscar Piastri (Australian)	21 July
14	Belgian Grand Prix	Lewis Hamilton (British)	28 July
15	Dutch Grand Prix	Lando Norris (British-Belgian)	25 August
16	Italian Grand Prix	Charles Leclerc (Monaco)	1 September
17	Azerbaijan Grand Prix		15 September
18	Singapore Grand Prix		22 September
19	United States Grand Prix		20 October
20	Mexico City Grand Prix		27 October
21	São Paulo Grand Prix		3 November
22	Las Vegas Grand Prix		23 November
23	Qatar Grand Prix		1 December
24	Abu Dhabi Grand Prix		8 December

GST revenue collected in August 2024 stood at Rs 174962 crores (CGST 30184 crore, SGST 38765 crore, IGST 89934 crore & cess 16322 crore).
Misc. Science News (Sep 2024) -
1. Google DeepMind announced delvelopment of project Morni (Multimodal Representation for India), aimed at developing artificial intelligence to encompass 125 Indian languages and dialects.
2. Researchers identified a new species of turmeric, Belonging to genus Curcuma (the ginger family Zingiberaceae). The plant with prominent yellow flowers at full growth, has been given the name Curcuma ungmensis after Ungma, the village in Mokokchung district (Nagaland) where it was found.
Misc. Financial News (Sep 2024) -
1. Reliance Industries Limited (RIL) became first Indian company to exceed ₹10 lakh crore in annual revenue, with record turnover of ₹10,00,122 croress and net profit of 79020 crores in FY24 (2023-24).
2. Fintech startup POP introduced India’s first multi-brand co-branded credit card, as YEB BANK POP-CLUB RuPay credit card, developed in collaboration with RuPay and YES Bank.
3. Kotak General Insurance has been rebranded as Zurich Kotak General Insurance, after Switzerland based insurance firm Zurich Insurance Group acquired 70% stake in Kotak General Insurance.
4. Star Health and Allied Insurance launched an insurance policy in Braille, as an industry-first initiative aimed at assisting the visually challenged.
5. SBI Foundation launched 3rd edition of its flagship Asha Scholarship Programme, which aims to support 10000 students from underprivileged backgrounds across India.]
6. Notable Penalties imposed by RBI -
  1. Axis Bank - 1.91 Crore
  2. HDFC Bank - 1 Crore
  3. BNP Paribas (French Bank) - 31.80 Lakh.
7. Competition Commission of India (CCI) approved merger of Tata Group Firms Tata Motors Finance Limited and Tata Capital Limited.
8. India overtook China in Morgan Stanley Capital International (MSCI) Emerging Markets Investable Market Index (EM IMI), reflecting India’s strong market performance and favorable macroeconomic conditions, contrasted with China’s economic challenges.
9. RBI Approved Amalgamation of Mumbai-based Rajapur Sahakari Bank & Malad Sahakari Bank.
Misc. Defence News (Sep 2024) -
1. Notable Defence Acquisition Council (Chaired by Raksha Mantri Rajnath Singh) approvals -
  1. Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to 144716 crores, of which 99 % will be from indigenous sources.
    1. Notable Procurements are Future Ready Combat Vehicles (FRCVs) Battle Tanks for Indian Army & Air Defence Fire Control Radars for Indian Air Force.
  2. Contract with Hindustan Aeronautics Limited (HAL) for 240 AL-31FP Aero Engines for Su-30MKI aircraft, at cost over 26000 crores.
2. 1st Combined Operational Review and Evaluation (CORE) Programme for senior officers of Tri-Services held at United Service Institution of India (New Delhi).
3. 1st Joint Commanders’ Conference of Tri-services held at Lucknow (UP).
4. Indian Coast Guard participated in 20th Heads of Asian Coast Guard Agencies Meeting 2024 held in Incheon (South Korea).
Notable MOUs (Sep 2024) -
1. Memorandum of Settlement signed Between Government of India, Government of Tripura, National Liberation Front of Tripura (NLFT) and All Tripura Tiger Force (ATTF), as an effort to pave way for Peace and development in state.
2. Between National Test House (Department of Consumer Affairs) and Bureau of Energy Efficiency (Ministry of Power), to strengthen Standards & Labelling (S&L) Program, an initiative designed to promote energy efficiency across country.
3. Between Ministry of Panchayati Raj and United Nations Children’s Fund (UNICEF) India, to collaborate on strengthening systems and engaging communities for social change.
4. Between Comptroller and Auditor General of India (CAG) & Accountability Authority of the United Arab Emirates (UAE), to promote cooperation and improve methodologies in field of public sector audit.
5. Between Indian Army, Indian Air Force & Gati Shakti Vishwavidyalaya (Vadodara), to enhance skills and capability building of Defence personnel, by acquiring higher expertise on logistics.
6. Between Telangana govt & World Trade Centres’ Association, for establishment of a World Trade Centre in proposed AI City near Hyderabad.
Obituaries (Sep 2024) -
1. Umesh Upadhyay - Noted journalist & author, best known for his book Western Media Narratives on India - Gandhi to Modi
2. Luis Ayala - Noted Chilean tennis player.
Misc. Sports News (Sep 2024) -
1. Noted Indian table tennis player Sharath Kamal has been named as first Indian ambassador of International Table Tennis Federation (ITTF) Foundation.
2. England Cricketer Moeen Ali announced his retirement from international cricket.
3. BCCI named Former wicketkeeper Ajay Ratra as a member of national team’s selection committee.
  1. Other members are - Ajit Agarkar (Chairman), and Shiv Sundar Das, Subroto Banerjee & Sridharan Sharath as Members.
Misc. Appointments (Sep 2024) -
1. Algerian President Abdelmadjid Tebboune has been re-elected for his second term.
2. Open Network for Digital Commerce (ONDC) named RS Sharma as its Chairperson.
3. Govt named Kumar Tuhin as new Ambassador of India to the Netherlands.
Misc. Awards (Sep 2024) -
1. President Droupadi Murmu presented National Florence Nightingale Awards 2024 to 15 awardee nurses, for their outstanding commitment to duty and service to the community.
  1. These Awards were instituted by Ministry of Health and Family Welfare in 1973, to honor meritorious services rendered by nurses. Each awardee receives a prize of Rs 1 Lakh.
2. India won 4 Bronze medals at WorldSkills 2024 in Lyon (France), in categories - Patisserie and Confectionery, Industry 4.0, Hotel Reception, and Renewable Energy.

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