National News
Government of India Establishes New Committee for Enhanced Oversight of NSO Data
In a significant development, the Ministry of Statistics and Programme Implementation (MoSPI) under the Government of India has taken a notable step by replacing the existing Standing Committee on Economic Statistics (SCES) with a more comprehensive entity known as the Standing Committee on Statistics (SCoS).This newly formed committee has been assigned a broader mandate, encompassing the review of both the framework and results of all surveys conducted by the National Statistical Office (NSO).
Kerala Assembly Greenlights Name Change to 'Keralam'
Demonstrating a strong commitment to its cultural and linguistic heritage, the Kerala Legislative Assembly has passed a resolution urging the Central government to rename the state from 'Kerala' to 'Keralam'.The term 'Keralam' is a blend of two Malayalam words – "Kera," representing coconut, and "Alam," signifying land. This new name beautifully encapsulates the essence of the "Land of Coconut Trees," paying tribute to the state's abundant coconut cultivation, which contributes around 45% of India's total coconut harvest.The proposed name change is to be implemented through Article 3 of the Constitution, adopting 'Keralam' as the official state name across all languages listed in the Eighth Schedule.
CJI Chandrachud Launches QR Code-Based E-Pass for Supreme Court Entry
In a proactive move towards modernizing access to justice, Chief Justice of India (CJI) D.Y Chandrachud has unveiled the 'SuSwagatam' portal.The 'SuSwagatam' portal, along with its user-friendly mobile app, offers litigants and visitors the convenience of a QR code-enabled ePass. This digital pass streamlines the entry process and also serves as an exit credential, enhancing overall access management efficiency.Ensuring top-notch security, 'SuSwagatam' provides secure role-based logins for various user categories. During registration, individuals can upload proof of identity and even capture a live photograph, further enhancing validation.
India's Pledge to Eradicate Lymphatic Filariasis by 2027
Union Health & Family Welfare Minister, Mansukh Mandaviya, has announced a commitment to eliminate Lymphatic Filariasis by 2027 during the launch of the second phase of the Annual Nationwide Mass Drug Administration (MDA) initiative.Minister Mandaviya emphasizes diligent medication consumption to ensure the effectiveness of the MDA initiative, suggesting healthcare professionals oversee administration.To maximize impact, awareness campaigns are crucial at the grassroots level, disseminating information about Lymphatic Filariasis and its prevention methods within villages and panchayats.
International News
Historic Moment: Woman Assumes Presidency of Cambodia's National Assembly
Taking a stride towards gender inclusivity and leadership diversity, Khuon Sudary is set to become the President of the National Assembly of Cambodia, a first in historyCurrently serving as the second Vice-President of the National Assembly and a prominent member of the Standing Committee of the Cambodian People's Party (CPP), Khuon Sudary's ascent to the presidency reflects her dedicated years of service to her nation.Prime Minister Samdech Techo Hun Sen made the announcement, underscoring the government's commitment to empowering women in pivotal governmental roles.
State News
Gujarat Introduces 'Sinh Suchna' App for Lion Tracking
In celebration of World Lion Day, Chief Minister Bhupendra Patel of Gujarat has unveiled the 'Sinh Suchna' mobile app.The launch event, held in Gandhinagar, marks a significant step towards modern wildlife conservation, enabling both the state's forest department and the public to efficiently monitor lion movements.The 'Sinh Suchna' app empowers individuals to directly report lion sightings, facilitating real-time tracking and swift conflict resolution.
Business News
SEBI Implements Shorter IPO Listing Timeline for Investor and Issuer Benefit
The Securities and Exchange Board of India (SEBI) has taken a momentous step to enhance the efficiency of Initial Public Offerings (IPOs) by halving the timeline for listing shares on stock exchanges post-IPO closure.This change is designed to provide substantial benefits to both investors and issuers in the capital markets. Initially, the reduced listing timeline for shares will be introduced as a voluntary option for public issues starting September 1. It will become mandatory for all issues beginning December 1, 2023, as per the circular issued by SEBI.
Tata Group Unveils New Logo and Design for Air India
Tata Sons, the parent company of Air India, has introduced a fresh appearance and brand identity for the airline, including a new logo and design, replacing the iconic mascot "Maharaja."The new brand design draws inspiration from Air India's classic Indian window shape, reimagined as a gold window frame, now central to the airline's refreshed look.The redesigned logo, named 'The Vista,' symbolizes boundless possibilities, progressiveness, and a confident outlook for the airline's future. The new logo is set to make its debut in December 2023 as the first A350 aircraft enters the fleet with the updated design.
Banking News
AU Bank Becomes First to Offer 24x7 Video Banking Service in India
AU Small Finance Bank, India's largest small finance bank, has taken a remarkable step in customer service with the launch of its innovative 24x7 video banking platform.This pioneering service enables customers to engage in face-to-face video interactions with expert bankers, resembling video calls. The service provides round-the-clock support, even during weekends and holidays.AU's 24x7 Video Banking bridges service gaps in regions with limited resources, extending vital banking services to underserved areas.
RBI Imposes Monetary Penalties on 4 Co-operative Banks for Regulatory Violations
The Reserve Bank of India (RBI) has taken decisive action by imposing monetary penalties totaling Rs4.20 lakh on four co-operative banks.Vita Urban Cooperative Bank Ltd, Shri Vinayak Sahakari Bank Ltd, Shreeji Bhatia Cooperative Bank Ltd, and Mizoram Urban Cooperative Development Bank Ltd have been found to breach various regulations set by the central banking authority.Following careful consideration of responses and oral arguments, the RBI concluded that the charges of non-compliance were substantiated, resulting in monetary penalties.
RBI Initiates Transformative Changes for UPI and UPI Lite Landscape
The Reserve Bank of India (RBI) has recently introduced a trio of innovative initiatives set to revolutionize India's digital payments landscape through the Unified Payments Interface (UPI) and UPI Lite.This unique feature empowers users to engage in transactions via conversation with an AI-powered system, ensuring security throughout the process.In response to evolving user needs, the RBI has raised the transaction limit for UPI Lite from Rs 200 to Rs 500, facilitating more substantial and convenient transactions. The RBI is also introducing offline payments using Near Field Communication (NFC) technology to boost UPI Lite adoption.
Important Days News
World Elephant Day 2023: Significance and History
Globally observed on August 12, World Elephant Day serves as a vital platform to raise awareness about challenges faced by elephants and advocate for their protection and conservation.The occasion sheds light on issues such as habitat loss, ivory poaching, and human-elephant conflicts, urging action for their preservation. This day highlights the importance of safeguarding these majestic creatures for future generations and supporting initiatives that contribute to their well-being.
International Youth Day 2023: Significance and History
International Youth Day, celebrated on August 12, serves as a dedicated day of awareness and action, recognized by the United Nations (UN), to address pertinent issues affecting the global youth population.The origins of International Youth Day trace back to 1965 when the UN General Assembly initiated a focus on the younger generation. This commitment involves allocating resources to nurture emerging leaders and equip them to tackle evolving global challenges.
Independence Day 2023: 'Har Ghar Tiranga' Motorcycle Rally
As part of the Azadi Ka Amrit Mahotsav initiative, Vice President Jagdeep Dhankhar has flagged off the 'Har Ghar Tiranga' motorcycle rally. The campaign encourages citizens to proudly display the national flag at their residences.The bike rally, scheduled nationwide from August 13 to 15, reinforces the significance of India's freedom struggle and achievements.
Appointments News
Kareena Kapoor Khan Joins Pluckk as Investor and Brand Ambassador
Bollywood actress Kareena Kapoor Khan has partnered with Pluckk, a fresh fruit and vegetables business, as an investor and brand ambassador.Pluckk offers a range of 400 products in over 15 categories, including innovative DIY meal kits crafted in certified food-tech facilities. Established in July 2021, Pluckk has rapidly emerged as a digital leader in the lifestyle-oriented fresh produce market.
Summits and Conferences News
9th India International MSME Expo & Summit 2023 Inaugurated
Lieutenant Governor Shri Manoj Sinha of Jammu and Kashmir inaugurated the 9th India International MSME Expo & Summit 2023 in New Delhi.This esteemed event fosters collaboration between policymakers and entrepreneurs in the Micro, Small & Medium Enterprises (MSME) sector, acknowledging their transformative role in economic growth.
Miscellaneous News
Central Railway's New Amravati Station: Third 'Pink Station' Managed by Women
Central Railway's New Amravati station has made history as the third 'Pink Station' entirely managed by women staff.The all-women team of 12 proficient employees ensures seamless station operations, showcasing professionalism and commitment. The station stands as a vibrant testament to gender equality and dedicated service.