Current Affairs 03rd September 2021| Current Affairs News

 

CURRENT AFFAIRS: NATIONAL NEWS

ISKCON founder Swami Prabhupada’s 125th Birth Anniversary: PM Modi release special commemorative coin 

• Prime Minister Narendra Modi will release a special commemorative coin of 125 rupees and address the gathering on the occasion of the 125th Birth Anniversary of Srila Bhaktivedanta Swami Prabhupada Ji through video conferencing.
• Union Culture Minister G Kishan Reddy will be present on the occasion.

About Prabhupada:

• Srila Bhaktivedanta Swami Prabhupada founded the International Society for Krishna Consciousness ISKCON commonly known as the “Hare Krishna movement”.
• ISKCON has translated Shrimad Bhagvad Geeta and other Vedic literature in 89 languages, playing a stellar role in the dissemination of Vedic literature across the world.
• Swami Ji also established over a hundred temples and wrote several books, teaching the path of Bhakti Yoga to the world.

Snow Leopard, Black-necked Crane Named State Animal And Bird of Ladakh

• The newly formed Union Territory (UT) of Ladakh has declared the black-necked crane and snow leopard as the new state bird and animal.
• Previously, The black-necked crane was the state bird of the former state of J&K, along with Kashmir stag (Hangul) as the state animal.
• The notification in this regard was released by Shri Radha Krishna Mathur, Lieutenant Governor of Union Territory of Ladakh on August 31, 2021.
• The decision was taken keeping in view bifurcation of Jammu & Kashmir and Ladakh into separate administrative divisions in 2019.

About Black-necked crane :

• Black-necked crane is found in eastern Ladakh’s high-altitude wetlands and
• It is mostly listed as Near Threatened on the International Union for Conservation of Nature (IUCN) red list

About snow leopard :

• Snow leopard is a felid in the genus Panthera native to the mountain ranges of Central and South Asia.
• It is listed as Vulnerable on the IUCN Red List.

About Ladakh :

• Capital : Leh, Kargil
• Governor : Radha Krishna Mathur

CURRENT AFFAIRS: INTERNATIONAL NEWS

BRICS Film Technology Symposium to open avenues for cooperation and growth in the film business – I&B Minister

• Information and Broadcasting Minister Anurag Singh Thakur stated that India is a pivotal power in Asia and as member of the BRICS consortium; it would like to play a crucial role to strengthen ties among the member countries.
• Organising the first ever BRICS Film Technology Symposium is a step in this direction to bring the people from all member states together.
• Addressing the virtual inauguration of BRICS Film Technology Symposium, organized by FICCI, jointly with the Ministry of Information and Broadcasting and FTII, Mr. Thakur informed, through the medium of films, art and culture India has also open avenues for cooperation which will be supporting development and growth in the film business.
• India takes pride in organising first ever BRICS Film Technology Symposium as a part of the special event planned in the run-up to BRICS summit to be held in India.
• Under the chairmanship of India, aim to promote institution building to further deepen, sustain and institutionalise BRICS cooperation.
• It is important to win the hearts and minds of the people from all BRICS nations and a film symposium is an event which brings together one and all through the medium of cinema technology.

CURRENT AFFAIRS: STATE NEWS

Assam cabinet decides to rename Rajiv Gandhi’s name from Orang national park

• The Assam cabinet decided to remove the name of former Prime Minister Rajiv Gandhi from the Orang National Park. 
• “During a recent interaction between Assam Chief Minister Himanta Biswa Sarma and prominent members of the Adivasi and tea-tribe community, they had demanded removal of former Prime Minister Rajiv Gandhi’s name from the Orang National Park”.
• Many people from the Oraon tribe had settled near the area where the park is now located and the area took its name from them. According to the 2011 census, there are 73,437 Oraon people in Assam.

About Assam:

• Capital: Dispur
• Chief minister: Himanta Biswa Sarma
• Governor: Jagdish Mukhi
• National parks: Kaziranga National park , Manas National park, Dibru-Saikhowa National park, Nameri National park and Rajiv Gandhi Orang National Park.

Punjab CM Amarinder launches ‘Innovation Mission Punjab’ to boost start-up sector

• Chief Minister Amarinder Singh launched ‘Innovation Mission Punjab’ (IMPunjab), a public-private partnership that brings in global investors and experts to catalyze start ups.
• Chief Minister stated that the Mission will unleash Punjab’s growth potential and create a thriving economy by generating jobs and inviting investment.
• The Mission will mobilise a global pool of ambassadors and partners for investment, mentorship and market access, informed Amarinder Singh, while adding the mission will also leverage the strength of the Punjabi diaspora, allowing them to partake in this renewed growth story of the state besides running focused programmes to encourage entrepreneurship amongst women.

About Punjab:

• Capital: Chandigarh
• Governor: V. P. Singh Badnore
• Chief minister: Captain Amarinder Singh
• National parks: Bir Moti Bagh National Park.

CURRENT AFFAIRS: BUSINESS NEWS

India’s economic growth to 20.1% in first quarter on low base

• India’s Gross Domestic Product (GDP) grew 20.1% in the April-June quarter of this financial year (FY22), due to a low base during the same quarter last year.
• In the same quarter last year, GDP had contracted by 24.4% due to the first lockdown being imposed last year during the April-June period.
• Last quarter (January-March of FY21), India’s GDP grew at 1.6%.
• “GDP at Constant (2011-12) Prices in Q1 of 2021-22 is estimated at Rs.32.38 lakh crore, as against Rs.26.95 lakh crore in Q1 of 2020-21, showing a growth of 20.1% as compared to a contraction of 24.4% in Q1 2020-21″.

GST collections in August at cross over Rs 1.12 lakh crore

• GST revenue remained above Rs 1 trillion-mark for the second straight month in August at over Rs 1.12 trillion, 30 percent higher than the collection in the year-ago period.
• “The gross GST revenue collected in the month of August 2021 is Rs 1,12,020 crore of which Central GST is Rs 20,522 crore, State GST is Rs 26,605 crore, Integrated GST is Rs 56,247 crore (including Rs 26,884 crore collected on import of goods) and Cess is Rs 8,646 crore (including Rs 646 crore collected on import of goods)”.
• The mop up in August is, however, lower than Rs 1.16 trillion collected in July 2021.

CURRENT AFFAIRS: BANKING NEWS

PhonePe now launches Pulse to offer data, insights on digital payments

• Fintech major PhonePe launched ”Pulse”, a new website that will provide data, insights and trends on digital payments on its platform.
• The company has also launched the Pulse Report, an in-depth study on the evolution of digital payments over the past five years.
• PhonePe Pulse website showcases more than 2,000 crore transactions by consumers on an interactive map of India.
• The insights on the website and in the report have been drawn from two key sources, the entirety of PhonePe”s transaction data combined with merchant and customer interviews.
• With over 45 per cent market share, PhonePe’s data is representative of the country’s digital payment habits.
• 13 crore PhonePe transactions (across UPI, cards and wallets) were clocked in the June quarter, with total payment value at Rs 7.47 lakh crore.
• The average transaction value during the second quarter was Rs 1,897.

About PhonePe:

• PhonePe is an Indian digital payments and financial services company headquartered in Bangalore, India.
• PhonePe was founded in December 2015, by Sameer Nigam, Rahul Chari and Burzin Engineer.
• The PhonePe app, based on the Unified Payments Interface, went live in August 2016.
• PhonePe is 100% safe and secure.
• It is powered by Yes Bank.
• All payments happen over secure banking networks and the app does not store any user data or passwords.
• All you need to do for every transaction is enter your MPIN.
• Parent organization: Flipkart
• CEO: Sameer Nigam
• Headquarters: Bengaluru

RBI to set up five-member panel on NUE licenses  

• The Reserve Bank of India (RBI) has set up a five-member committee to review applications and give recommendations on new umbrella entity (NUE) licences.
• The five-member committee will be chaired by RBI chief general manager P Vasudevan.
• The New Umbrella Entities will set up their own payment infrastructure to compete with the National Payments Corp. of India (NPCI).
• New umbrella entities are for-profit entities that will be set up to manage payments in the retail space. These private entities can offer a range of retail payment services, including setting up of ATMs, point of sale terminals, Aadhaar-based payments, remittance services and develop newer payment methods.

About RBI :

• Headquarters: Mumbai, Maharashtra
• Founded: 1 April 1935, Kolkata
• Governor: Shaktikanta Das
• Repo Rate : 4%
• Reverse Repo Rate : 3.35%
• Bank Rate : 4.25%

CURRENT AFFAIRS: APPOINTMENT AND RESIGNATION NEWS

JB Mohapatra appointed as CBDT chairman

• Senior bureaucrat J B Mohapatra has been appointed the chairman of the Central Board of Direct Taxes (CBDT).
• Mohapatra, a 1985-batch Indian Revenue Service (Income Tax) officer, is currently the member in the board that frames the policy for the Income Tax department.
• The Appointments Committee of the Cabinet (ACC) has approved the appointment of J B Mohapatra, as chairman, Central Board of Direct Taxes.

About CBDT:

• The Central Board of Direct Taxes (CBDT) is a part of Department of Revenue in the Ministry of Finance.
• The CBDT provides inputs for policy and planning of direct taxes in India, and is also responsible for administration of direct tax laws through the IT Department.

MHA appointed Rajwinder Singh Bhatti as ADG Border Security Force

• Ministry of Home Affairs (MHA) has appointed Rajwinder Singh Bhatti, a 1990-batch IPS officer, as ADG Border Security Force (BSF) on a deputation basis up to September 30, 2025, which is his date of superannuation, or till further orders.
• The state government is requested to relieve Rajwinder Singh Bhatti immediately to enable him to take up his new assignments at the Centre.
• Meanwhile, Pankaj Kumar Singh, a 1988-batch Rajasthan cadre IPS officer, took charge of the Border Security Force (BSF) as its Director-General.

About BSF:

• The Border Security Force is India’s Primary border guarding organisation on its border with Pakistan and Bangladesh.
• Headquarters: New Delhi

CURRENT AFFAIRS: AWARDS AND HONOURS

Chandigarh station bags 5-star ‘Eat Right Station’ certification

• The Food Safety and Standards Authority of India (FSSAI) has awarded Chandigarh Railway Station a 5-star ‘Eat Right Station’ certification for providing “high-quality, nutritious food to passengers”.
• Railway stations are awarded the certificate after an FSSAI-empanelled third-party audit agency rates them on a scale of 1 to 5 for standard food storage and hygiene practices.
• FSSAI awards the ‘Eat Right Station’ certificate to railway stations that receive a 5-star rating for setting benchmarks in providing safe and wholesome food to passengers.
• The certification is part of the ‘Eat Right India’ movement to transform India’s food system to ensure safe, healthy and sustainable food for all Indians.

CURRENT AFFAIRS: MOU’s AND AGREEMENTS

NMCG partners with SAIARD 

• Rajiv Ranjan Mishra, Director General, National Mission for Clean Ganga (NMCG) Mr. Hitesh Vaidya, Director, National Institute of Urban Affairs (NIUA) and Dr. Biswajit Roy Chowdhary, Chairman, South Asian Institute for Advanced Research and Development (SAIARD), NMCG signed an Memorandum of Understanding (MoU) with SAIARD to create an academic platform to engage young students as well as develop a research and capacity building hub to support regional development in the eastern region.
• Both NMCG and SAIARD will work together to create and enhance capacity building on integrated river basin management, with a focus on geospatial technology in riverine ecosystems.
• With the signing of this MoU, SIAIRD will also henceforth be considered as the regional capacity building center for NMCG in the eastern region.

The areas of collaboration include:

• To conduct studies pertaining to diverse thematic areas in the field of integrated river basin management with an emphasis on management of water, wastewater and integrated urban water management for the development of sustainable practices for rejuvenation of river and water systems.
• To provide support in policy making for the development of riverine areas and river sensitive urban planning
• To provide support in the preparation of river data base
• To develop a capacity building programme on geospatial technology and other areas for NMCG and other stakeholders to support internship and research
• To develop a dedicated GIS application-based river research center in the eastern and north-eastern region
• To develop a digital river library, river museum and online news portal

CURRENT AFFAIRS : SUMMITS & CONFERENCES

Prime Minister Narendra Modi Virtually Addresses 6th Eastern Economic Forum 2021 

• On Sep 03, 2021, Prime Minister Shri Narendra Modi addressed the plenary session of the 6th Eastern Economic Forum (EEF), organised in Vladivostok, Russia
• Petroleum Minister Hardeep Singh Puri will lead an official and business delegation to Russia.
• The Petroleum Minister will have meetings with Energy Minister of Russia Nikolay Shulginov to review bilateral energy cooperation in the energy sector and with the Russian Minister for Development of Far East and Arctic Alexei Chekunkov to discuss the collaboration between Indian and Russian companies in that region.
• Along with the Russian Minister of Energy, the Petroleum Minister will co-chair India-Russia Business Dialogue, on the sidelines of EEF.

CURRENT AFFAIRS : ACQUISITIONS & MERGERS

Kotak Mahindra Bank sells 20 crore shares in Airtel Payments Bank for Rs 295 cr                             

• Kotak Mahindra Bank will sell 20 crore shares held in Airtel Payments Bank (APBL) for a cash consideration of ₹294.8 crore to Bharti Enterprises Ltd.
• KMB acquired for ₹200 crore invested in trenches during calendar years 2016 and 2017.
• The Bharti Enterprises has received no objection from the RBI to enable execution of the proposed transaction which is expected to be completed by September 15, 2021.
• Kotak Mahindra Bank does not require any governmental or regulatory approvals for the proposed transaction.

About Kotak Mahindra Bank :

• CEO: Uday Kotak
• Headquarters: Mumbai, Maharashtra
• Founded: February 2003

About Airtel Payments Bank :

• APBL was incorporated on April 1, 2010, and commenced operations as a payments bank from November 23, 2016.
• CEO: Anubrata Biswas
• Headquarters: New Delhi

CURRENT AFFAIRS : DEFENCE NEWS

Indian Army contingent to participate in Exercise ZAPAD 2021 in Russia

• The Indian Army contingent will participate in the multinational military exercise, ‘ZAPAD 2021’, at Nizhny in Russia from 3-16 September.
• ZAPAD 2021 is a 13-day exercise and will end on September 16, 2021.

Aim :

• To military and strategic ties amongst the participating nations and boosting anti-terror cooperation.
• More than a dozen countries from Eurasia and South Asia will also participate in the exercise.
• In all, 17 countries are participating in ZAPAD including Mongolia, Armenia, Kazakhstan, Tajikistan, Kyrgyzstan, Serbia, Russia, India and Belarus.
• Pakistan, China, Vietnam, Malaysia, Bangladesh, Myanmar, Uzbekistan and Sri Lanka are observers at the exercises.

About Indian Army :

• Headquarters: New Delhi
• Founded: 1 April 1895, India
• Commander-in-Chief: President Ram Nath Kovind
• Chief of Defence Staff : General Bipin Rawat
• Chief of the Army Staff : General Manoj Mukund Naravane
• Vice Chief of the Army Staff : Lieutenant General Chandi Prasad Mohanty

CURRENT AFFAIRS : BOOKS & AUTHORS

Book Titled Know Your Rights: and Claim Them Written by Angelina Jolie

• A Book Titled Know Your Rights: and Claim Them Jointly written by Angelina Jolie and Amnesty International with Geraldine Van Bueren QC.

About the Book :

• The book is a guide for every child and young person who believes in liberty, equality.
• The Book deals with from gender and racial equality, to the rights to free expression, health, a clean climate and a sustainable environment,
• Also it  will help governments remember their long-made promise to protect the health and happiness of children.

About Angelina Jolie :

• Angelina Jolie is an American actress, filmmaker, and humanitarian & she has been named Hollywood’s highest-paid actress multiple times.
• She promotes various causes, including conservation, education, and women’s rights, and is most noted for her advocacy on behalf of refugees as a Special Envoy for the United Nations High Commissioner for Refugees (UNHCR).

About Geraldine Van Bueren :

• Geraldine Van Bueren is a British international human rights lawyer.
• She is one of the original drafters of the United Nations Convention on the Rights of the Child
• Her book, The International Law on the Rights of the Child has been widely cited by courts around the world.

Awards & Honours :

• In 2003 she was awarded the Child Rights Lawyer Award jointly organised by the Law Society, UNICEF and The Lawyer magazine.

CURRENT AFFAIRS : SPORTS NEWS

Tokyo Paralympics 2020 : India’s Praveen Kumar clinches Silver In Men’s High Jump T64 Final            

• On Sep 03, 2021, Indian para-athlete Praveen Kumar clinched a silver medal in the men’s high jump T64 event at Tokyo Paralympics.
• The 18-year-old Kumar, set a new Asian record with a 2.07m jump.
• Great Britain’s Jonathan Broom-Edwards won the gold medal with a jump of 2.10m.
• Maciej Lepiato of Poland won bronze with a jump of 2.04m.
• Praveen is India’s fourth medallist in men’s high jump at Tokyo Games after Nishad Kumar, Mariyappan Thangavelu, and Sharad Kumar.
• Praveen Kumar born on 15 May 2003 in Noida, Uttar Pradesh
• With this India’s total medal tally in the ongoing Games has increased to 11
• Shooter Avani Lekhara and javelin thrower Sumit Antil have won gold in Tokyo Paralympics 2020,
• Praveen is India’s sixth silver medallist after paddler Bhavina Patel, javelin thrower Devendra Jhajharia, discus thrower Yogesh Kathuniya, and high jumpers Thangavellu and Nishad.
• Javelin thrower Sundar Singh Gurjar, high jumper Sharad Kumar and shooter Singhraj have won bronze.

Tokyo Paralympics 2020 : Avani Lekhara wins bronze in 50m rifle 3 positions SH1 

• 19 Year old Indian Para shooter Avani Lekhara won bronze in the women’s 50m rifle 3 positions SH1 event with a score of 445.9.
• Lekhara was the first Indian woman to win a Paralympic gold and also she is the first Indian woman to win two medals in the same Games edition.
• China’s Zhang Cuiping won gold with a Paralympic Record score of 457.9, while Germany’s Natascha Hiltrop took silver with a score of 457.1.
• With this India’s total medal tally in the ongoing Games has increased to 12 (two gold, six silver and Four bronze medals).
• Earlier Lekhara had also won gold with a score of 249.6 in the women’s 10m air rifle standing finals (SH 1).
• Prior to her, Joginder Singh Sodhi was the only Indian to win multiple medals in the same edition of the Games & he had won one silver and two bronze medals in the 1984 Paralympics.

About Avani Lekhara :

• Avani Lekhara hails from Jaipur, Rajasthan.
• Lekhara is currently World No 5 in Women’s 10m Air Rifle standing SH1 (World Shooting Para Sport Rankings) and has competed in the 2018 Asian Para Games.

CURRENT AFFAIRS : OBITUARIES

Former Rajya Sabha & Senior journalist Chandan Mitra passes away

• On Sep 01, 2021, Former Rajya Sabha MP and senior journalist Chandan Mitra passed away.
• He was 65.

About Chandan Mitra :

• Mitra was the Former Editor and Managing Director of The Pioneer newspaper in New Delhi.
• He was nominated as a member of the Rajya Sabha during August 2003 to August 2009.
• He was elected to another term in the Rajya Sabha, as a Bharatiya Janata Party MP from Madhya Pradesh, in June 2010.
• He joined All India Trinamool Congress in 2018.

Bigg Boss 13 winner & Well-known television actor Sidharth Shukla passes away 

• Bigg Boss 13 winner & Well-known television actor Sidharth Shukla passed away.
• He was 40.

About Sidharth Shukla :

• Born on 12 December 1980 in Mumbai.
• Sidharth Shukla was an Indian actor, host and model who appeared in Hindi television and films.
• Popularly, he was known for his roles in Broken But Beautiful 3, Balika Vadhu and Dil Se Dil Tak.
• Sidharth Shukla won season 13 of Bigg Boss in 2019.
• Also he emerged as the winner of Fear Factor: Khatron Ke Khiladi 7.
• He won the World’s Best Model title in December 2005 beating 40 other participants.
• He was last seen in Ekta Kapoor’s Broken but Beautiful season 3.

Hurriyat Founder & Kashmiri separatist leader Syed Ali Shah Geelani Passes away

• On Sep 01, 2021, Hurriyat Founder & Veteran Kashmiri separatist leader Syed Ali Shah Geelani passed away.
• He was 92.

About Syed Ali Shah Geelani :

• Syed Ali Geelani was born on September 29, 1929 in North Kashmir.
• He served as the chairman of All Parties Hurriyat Conference, a conglomerate of pro-separatist parties in Jammu and Kashmir.
• He was a three-time MLA from Sopore constituency of Jammu and Kashmir in 1972, 1977 and in 1987.
• He quit the Hurriyat in June 2020.

Honours & Awards :

• In 2020, Pakistani President Arif Alvi conferred Nishan-e-Pakistan, Pakistan’s highest civil award on Geelani to recognise his decades-long struggle for Kashmiris’ right to self-determination.

Daily CA On Sep 02 :

• Every year on September 2, the World Coconut Day is celebrated by increasing public awareness about the health and commercial benefits of coconut.
• President Ram Nath Kovind will award the President’s Colour to Indian Naval Aviation at the ceremonial parade to be held at INS Hansa in Goa on 6th September.
• In Tripura, Union Finance Minister Nirmala Sitharaman inaugurated a project called ‘My Pad, My Right’ initiated by NABARD and NABFOUNDATION at Killa village in Gomati district on the second and concluding day of her visit to the state.
• The Punjab Cabinet Launches ‘Mera Kaam Mera Maan’ Scheme to Help Unemployed Youth
• Morgan Stanley maintained its estimate of India GDP growth at 10.5 per cent for FY2022 versus the general consensus of 9.2 per cent.
• The State Bank of India (SBI) has opened a floating ATM on Dal Lake in Jammu and Kashmir’s Srinagar for the convenience of locals and tourists.
• Private sector lender Axis Bank has tied up with BharatPe to expand its merchant acquiring business in the country.
• Google Pay users can take the benefits of fixed deposit rates offered by Equitas Small Finance Bank by booking FD on the payments platform without opening a bank account.
• German footwear and accessories major Adidas stated it has roped in Tokyo Olympic Silver-medalist Mirabai Chanu as the face of its ”Stay in Play” campaign for its latest product innovation designed to keep more menstruating women in sports.
• Pankaj Kumar Singh, a 1988-batch IPS officer, took over as the new director general (DG) of the Border Security Force while his batch-mate Sanjay Arora assumed charge of the Indo-Tibetan Border Police (ITBP).
• Mahindra & Mahindra Financial Services Ltd, which is part of the Mahindra Group, has appointed Raul Rebello as its new Chief Operating Officer (COO) with immediate effect.
• Bangladesh vaccine scientist Firdausi Qadri and Pakistan micro financier (economist) Mohammad Amjad Saqib has been included in the list of five people to be awarded this year’s Ramon Magsaysay Award.
• Odisha-born neurosurgeon Basant Kumar Misra has received the ‘International Lifetime Achievement Award in Neurosurgery’ conferred by the American Association of Neurological Surgeons (AANS).
• On Aug 31, 2021, India hosted the 8th Meeting of Agriculture Experts of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Countries in New Delhi through Virtually.
• The Competition Commission of India (CCI) has approved the acquisition of additional shareholding in TVS Supply Chain Solutions Pvt Ltd by TS Rajam Rubbers Pvt Ltd and Dhinrama Mobility Solution Pvt Ltd.
• The Indian Navy has signed a contract with Navratna Defence public sector unit (PSU) Bharat Limited (BEL) for the supply of the first indigenous comprehensive Naval Anti Drone System (NADS), with both ‘hard kill’ and ‘soft kill’ capabilities.
• Scientists of Indian Institutes of Technology, Ropar & Kanpur, and Faculty of Management Studies of Delhi University have jointly launched a living-plant based air purifier named “Ubreathe Life”.
• A SpaceX shipment of ants, avocados and a human-sized robotic arm rocketed toward the International Space Station.

Daily CA On Sep 03 :

• Prime Minister Narendra Modi will release a special commemorative coin of 125 rupees and address the gathering on the occasion of the 125th Birth Anniversary of Srila Bhaktivedanta Swami Prabhupada Ji through video conferencing.
• The newly formed Union Territory (UT) of Ladakh has declared the black-necked crane and snow leopard as the new state bird and animal.
• Information and Broadcasting Minister Anurag Singh Thakur stated that India is a pivotal power in Asia and as member of the BRICS consortium; it would like to play a crucial role to strengthen ties among the member countries.
• The Assam cabinet decided to remove the name of former Prime Minister Rajiv Gandhi from the Orang National Park. 
• Chief Minister Amarinder Singh launched ‘Innovation Mission Punjab’ (IMPunjab), a public-private partnership that brings in global investors and experts to catalyze start ups.
• India’s Gross Domestic Product (GDP) grew 1% in the April-June quarter of this financial year (FY22), due to a low base during the same quarter last year.
• GST revenue remained above Rs 1 trillion-mark for the second straight month in August at over Rs 1.12 trillion, 30 percent higher than the collection in the year-ago period.
• Fintech major PhonePe launched ”Pulse”, a new website that will provide data, insights and trends on digital payments on its platform.
• The Reserve Bank of India (RBI) has set up a five-member committee to review applications and give recommendations on new umbrella entity (NUE) licences.
• Senior bureaucrat J B Mohapatra has been appointed the chairman of the Central Board of Direct Taxes (CBDT).
• Ministry of Home Affairs (MHA) has appointed Rajwinder Singh Bhatti, a 1990-batch IPS officer, as ADG Border Security Force (BSF) on a deputation basis up to September 30, 2025, which is his date of superannuation, or till further orders.
• The Food Safety and Standards Authority of India (FSSAI) has awarded Chandigarh Railway Station a 5-star ‘Eat Right Station’ certification for providing “high-quality, nutritious food to passengers”.
• Rajiv Ranjan Mishra, Director General, National Mission for Clean Ganga (NMCG) Mr. Hitesh Vaidya, Director, National Institute of Urban Affairs (NIUA) and Dr. Biswajit Roy Chowdhary, Chairman, South Asian Institute for Advanced Research and Development (SAIARD), NMCG signed an Memorandum of Understanding (MoU) with SAIARD to create an academic platform to engage young students as well as develop a research and capacity building hub to support regional development in the eastern region.
• On Sep 03, 2021, Prime Minister Shri Narendra Modi addressed the plenary session of the 6th Eastern Economic Forum (EEF), organised in Vladivostok, Russia
• Kotak Mahindra Bank will sell 20 crore shares held in Airtel Payments Bank (APBL) for a cash consideration of ₹294.8 crore to Bharti Enterprises Ltd.
• The Indian Army contingent will participate in the multinational military exercise, ‘ZAPAD 2021’, at Nizhny in Russia from 3-16 September.
• A Book Titled Know Your Rights: and Claim Them Jointly written by Angelina Jolie and Amnesty International with Geraldine Van Bueren QC.
• On Sep 03, 2021, Indian para-athlete Praveen Kumar clinched a silver medal in the men’s high jump T64 event at Tokyo Paralympics.
• 19 Year old Indian Para shooter Avani Lekhara won bronze in the women’s 50m rifle 3 positions SH1 event with a score of 445.9.
• On Sep 01, 2021, Former Rajya Sabha MP and senior journalist Chandan Mitra passed away.
• Bigg Boss 13 winner & Well-known television actor Sidharth Shukla passed away.
• On Sep 01, 2021, Hurriyat Founder & Veteran Kashmiri separatist leader Syed Ali Shah Geelani passed away.