current affairs capsule (september 2020)

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Triumphant Institute of Management Education Pvt. Ltd. (T.I.M.E.) HO: 95B, 2 nd Floor, Siddamsetty Complex, Secunderabad 500 003. Tel : 04040088400 Fax : 04027847334 email : [email protected] website : www.time4education.com 1 INTERNATIONAL CURRENT AFFAIRS CAPSULE (SEPTEMBER 2020) India to receive development assistance loan worth 3,500 Cr from Japan to fight COVID-19 Japan announced that it will extend an emergency support loan of up to 50 billion yen (almost 3,500 crore) to back India’s response to the Covid-19 crisis, including implementation of health and medical policies and development of hospitals equipped with ICUs. Afghan govt. frees 400 Taliban prisoners ahead of Doha talks The Afghanistan government said it had released 400 Taliban prisoners under an exchange deal with the militants, except for “a few” opposed by foreign nations, and expected peace negotiations to start soon. Russia’s COVID-19 vaccine is safe: study The two-shot vaccine being developed by Russia’s Gamaleya Research Institute generated a strong immune response and didn’t produce serious adverse reactions in the 76 volunteers who were inoculated in a trial, according to results of a study reported online in The Lancet. Germany joins Indo-Pacific club aimed at securing trade routes from aggressive China Germany has joined the Indo-Pacific club. The move is aimed at securing the trade routes from aggressive China. The move makes it the second European nation after France to formally adopt a strategy for the Indo- Pacific region. Japan govt to provide subsidy to manufacturers relocating from China to India, Bangladesh In a blow to China, the Ministry of Economy, Trade, and Industry (METI) in Japan has provided subsidies to Japanese manufacturers to shift their manufacturing sites from China to ASEAN countries. India and Bangladesh have been added to the list of relocation destinations. Germany threatens Russia with sanctions Tensions deepened between Germany and Russia over the alleged poisoning of opposition figure Alexei Navalny, with Germany threatening sanctions. UNICEF to lead global procurement and supply of coronavirus vaccines UNICEF has announced that it will be leading the procurement and supply of coronavirus vaccines to ensure that all countries have safe, fast and equitable access to initial doses when they are available. WHO will not recommend any COVID-19 vaccine before it proved safe, effective: Tedros Ghebreyesus The head of the World Health Organization Tedros Ghebreyesus said the UN health agency will not recommend any COVID-19 vaccine before it is proved safe and effective. UAE extends amnesty period waiving fines of residents with expired visas The UAE has extended an amnesty period waiving the fines of residents whose visas expired before March 1. Authorities said those who are in the country on lapsed visas have time until November 17 to leave without having to pay a penalty. Bahrain becomes latest Arab nation to agree to normalise ties with Israel Bahrain has become the latest Arab nation to agree to normalise ties with Israel as part of a broader diplomatic push by US President Donald Trump and his administration to fully integrate the Jewish State into the Middle East. AstraZeneca, Oxford University resume Clinical trials of COVID-19 vaccines Clinical trials of COVID-19 vaccines being developed by AstraZeneca and Oxford University have resumed in the United Kingdom after a brief safety pause. The trials resumed after the Medicines Health Regulatory Authority's confirmed that the trials were safe. New ASEAN-India Plan of Action adopted for 5 years at Ministerial Meeting External Affairs Minister Dr. S. Jaishankar co-chaired the ASEAN-India Ministerial Meeting along with his Thailand counterpart Don Pramudwinai. The new ASEAN-India Plan of Action (2021-2025) was adopted at the Meeting. UNSC members urge Myanmar to ensure Rohingya participation in Elections Eight members of the UN Security Council (UNSC) have urged Myanmar to ensure that Rohingya participate in the general elections scheduled to be held on November 8. India beats China to become member of UN's Commission on Status of Women India has been elected as the member of the Commission on Status of Women (CSW), a body of the Economic and Social Council (ECOSOC). India will be a member of the prestigious body for four years from 2021 to 2025. UAE, Bahrain set to ink deals with Israel Israel and the two Gulf states of the United Arab Emirates and Bahrain signed U.S.-brokered agreements at the White House. The deals make them the third and fourth Arab states to take such steps to normalize ties since Israel signed peace treaties with Egypt in 1979 and Jordan in 1994. Trump Administration reveals plans to offer COVID- 19 vaccine to all US citizen free of cost Trump Administration has unveiled its COVID-19 vaccine delivery plan which entails administering the drug to all US citizens free of charge. Pak. to make Gilgit-Baltistan a full-fledged province: report Pakistan has decided to elevate Gilgit-Baltistan’s status to that of a full-fledged province, a Pakistani media report quoted a senior Minister as saying. BRICS countries agree to continue support WHO to tackle COVID pandemic BRICS countries have agreed to continue supporting the World Health Organization in playing a leading role, and to strengthen BRICS countries' cooperation in bio-safety governance and vaccine research and development. Nepal plans to resume passenger railway services after 7-year suspension Nepal is planning to resume passenger railway services after a 7-year suspension after it received two sets of

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Page 1: CURRENT AFFAIRS CAPSULE (SEPTEMBER 2020)

Triumphant Institute of Management Education Pvt. Ltd. (T.I.M.E.) HO: 95B, 2nd Floor, Siddamsetty Complex, Secunderabad – 500 003. Tel : 040–40088400 Fax : 040–27847334 email : [email protected] website : www.time4education.com 1

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CURRENT AFFAIRS CAPSULE (SEPTEMBER 2020) India to receive development assistance loan worth ₹3,500 Cr from Japan to fight COVID-19 Japan announced that it will extend an emergency support loan of up to 50 billion yen (almost ₹3,500 crore) to back India’s response to the Covid-19 crisis, including implementation of health and medical policies and development of hospitals equipped with ICUs.

Afghan govt. frees 400 Taliban prisoners ahead of Doha talks The Afghanistan government said it had released 400 Taliban prisoners under an exchange deal with the militants, except for “a few” opposed by foreign nations, and expected peace negotiations to start soon.

Russia’s COVID-19 vaccine is safe: study The two-shot vaccine being developed by Russia’s Gamaleya Research Institute generated a strong immune response and didn’t produce serious adverse reactions in the 76 volunteers who were inoculated in a trial, according to results of a study reported online in The Lancet.

Germany joins Indo-Pacific club aimed at securing trade routes from aggressive China Germany has joined the Indo-Pacific club. The move is aimed at securing the trade routes from aggressive China. The move makes it the second European nation after France to formally adopt a strategy for the Indo-Pacific region.

Japan govt to provide subsidy to manufacturers relocating from China to India, Bangladesh In a blow to China, the Ministry of Economy, Trade, and Industry (METI) in Japan has provided subsidies to Japanese manufacturers to shift their manufacturing sites from China to ASEAN countries. India and Bangladesh have been added to the list of relocation destinations.

Germany threatens Russia with sanctions Tensions deepened between Germany and Russia over the alleged poisoning of opposition figure Alexei Navalny, with Germany threatening sanctions.

UNICEF to lead global procurement and supply of coronavirus vaccines UNICEF has announced that it will be leading the procurement and supply of coronavirus vaccines to ensure that all countries have safe, fast and equitable access to initial doses when they are available.

WHO will not recommend any COVID-19 vaccine before it proved safe, effective: Tedros Ghebreyesus The head of the World Health Organization Tedros Ghebreyesus said the UN health agency will not recommend any COVID-19 vaccine before it is proved safe and effective.

UAE extends amnesty period waiving fines of residents with expired visas The UAE has extended an amnesty period waiving the fines of residents whose visas expired before March 1. Authorities said those who are in the country on lapsed visas have time until November 17 to leave without having to pay a penalty.

Bahrain becomes latest Arab nation to agree to normalise ties with Israel Bahrain has become the latest Arab nation to agree to normalise ties with Israel as part of a broader diplomatic push by US President Donald Trump and his administration to fully integrate the Jewish State into the Middle East.

AstraZeneca, Oxford University resume Clinical trials of COVID-19 vaccines Clinical trials of COVID-19 vaccines being developed by AstraZeneca and Oxford University have resumed in the United Kingdom after a brief safety pause. The trials resumed after the Medicines Health Regulatory Authority's confirmed that the trials were safe.

New ASEAN-India Plan of Action adopted for 5 years at Ministerial Meeting External Affairs Minister Dr. S. Jaishankar co-chaired the ASEAN-India Ministerial Meeting along with his Thailand counterpart Don Pramudwinai. The new ASEAN-India Plan of Action (2021-2025) was adopted at the Meeting. UNSC members urge Myanmar to ensure Rohingya participation in Elections Eight members of the UN Security Council (UNSC) have urged Myanmar to ensure that Rohingya participate in the general elections scheduled to be held on November 8.

India beats China to become member of UN's Commission on Status of Women India has been elected as the member of the Commission on Status of Women (CSW), a body of the Economic and Social Council (ECOSOC). India will be a member of the prestigious body for four years from 2021 to 2025.

UAE, Bahrain set to ink deals with Israel Israel and the two Gulf states of the United Arab Emirates and Bahrain signed U.S.-brokered agreements at the White House. The deals make them the third and fourth Arab states to take such steps to normalize ties since Israel signed peace treaties with Egypt in 1979 and Jordan in 1994.

Trump Administration reveals plans to offer COVID-19 vaccine to all US citizen free of cost Trump Administration has unveiled its COVID-19 vaccine delivery plan which entails administering the drug to all US citizens free of charge.

Pak. to make Gilgit-Baltistan a full-fledged province: report Pakistan has decided to elevate Gilgit-Baltistan’s status to that of a full-fledged province, a Pakistani media report quoted a senior Minister as saying.

BRICS countries agree to continue support WHO to tackle COVID pandemic BRICS countries have agreed to continue supporting the World Health Organization in playing a leading role, and to strengthen BRICS countries' cooperation in bio-safety governance and vaccine research and development.

Nepal plans to resume passenger railway services after 7-year suspension Nepal is planning to resume passenger railway services after a 7-year suspension after it received two sets of

Page 2: CURRENT AFFAIRS CAPSULE (SEPTEMBER 2020)

Triumphant Institute of Management Education Pvt. Ltd. (T.I.M.E.) HO: 95B, 2nd Floor, Siddamsetty Complex, Secunderabad – 500 003. Tel : 040–40088400 Fax : 040–27847334 email : [email protected] website : www.time4education.com 2

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rails from India. The Diesel-Electric Multiple Unit rail sets that Kathmandu had purchased from India arrived in Janakpur city.

India, Bangladesh agree to resume Joint Coordinated Border patrolling to reduce criminal activities India and Bangladesh have agreed to resume the joint coordinated border patrolling to reduce criminal activities like smuggling of cattle, weapons and narcotics on the border.

India overtakes US in terms of global COVID-19 recoveries The Health Ministry has said that India has overtaken the US and became number one in terms of global COVID-19 recoveries. In a tweet, the Ministry said, the total recoveries have crossed 42 lakh.

The WHO Has Endorsed Testing Traditional Herbal Medicines against Coronavirus The World Health Organization endorsed a protocol for testing African herbal medicines as potential treatments for the coronavirus and other epidemics.

No postponement of elections in Myanmar despite COVID 19 surge The Election Commission of Myanmar has ruled out postponement of general elections in the country due to the COVID 19 pandemic.

Pakistan’s Main Opposition parties formalize alliance to unseat Imran Khan govt Main Opposition parties of Pakistan have formalised an alliance to unseat Imran Khan government as according to them he was elected through a rigged election under the influence of the Army

US imposes range of sanctions and restrictions on Iran United States imposed a range of sanctions and restrictions on Iranian and Iranian-linked officials and entities. US President Donald Trump said, he is imposing sanctions on Iranians for violating a UN arms embargo and demanded enforcement by US allies.

G4 countries call for decisive push for UN Security Council reforms Foreign Ministers of the G4 countries - India, Brazil, Japan, and Germany have highlighted the urgency of reforming the United Nations and updating its main decision-making bodies, in order to better reflect contemporary realities.

EAM Dr. S. Jaishankar participates in annual Informal Meeting of SAARC Council of Ministers External Affairs Minister Dr. S. Jaishankar participated in the annual Informal Meeting of the SAARC Council of Ministers. The meeting, chaired by Nepal, was held in virtual mode and saw participation of all SAARC member states.

India, Sri Lanka to enhance cooperation in combating terrorism & drug trafficking India and Sri Lanka have agreed to enhance cooperation to combat terrorism and drug trafficking. They also agreed to deepen cooperation in renewable energy with particular emphasis on solar projects under the 100 million dollar Line of Credit from India.

India, Denmark sign MoU on Intellectual Property cooperation India entered a Memorandum of Understanding (MoU) with Denmark in the field of Intellectual Property (IP) Cooperation.

India, Israel to co-develop Hi-tech Weapon Systems In a bid to further strengthen bilateral defence partnership between India and Israel, the two nations have formed a new sub working group (SWG) to promote co-development and co-production of high-tech weapon systems.

Armenia-Azerbaijan clashes enter second day, toll rises Fighting escalated sharply between Azerbaijan and its ethnic Armenian mountain enclave of Nagorno-Karabakh, and at least 55 people were killed in a second day of heavy clashes.

Lebanon’s Prime Minister-Designate Resigns, Deepening Country’s Political Crisis Lebanon’s prime minister-designate Mustapha Adib abandoned his efforts to form a government, thwarting a French-led initiative that sought to end a political impasse and unlock international aid after a massive explosion destroyed nearly half the capital last month.

WHO & its leading partners plan to roll out 120 million rapid-diagnostic tests for Corona virus The World Health Organization has announced that the world body and it's leading partners have agreed to a plan to roll out 120 million rapid-diagnostic tests for the Corona virus.

New Delhi says, India never accepted China's unilaterally defined 1959 LAC India asserted it has never accepted the unilaterally defined 1959 Line of Actual Control (LAC), and pointed out that several agreements with China committed both countries to confirming and clarifying the alignment of the boundary.

India and Bangladesh to set up monitoring committee to review project implementation India and Bangladesh have agreed to set up a ‘High Level Monitoring Committee’ headed by the Secretary, Economic Relations Division of Bangladesh and High Commissioner of India in Bangladesh to regularly review the progress of implementation of projects being run with Line of Credit (Loc) provided by India.

SC imposes ₹1 fine on Bhushan for contempt A three-justice bench of the Supreme Court imposed a token fine of ₹1 on activist-lawyer Prashant Bhushan over two tweets critical of the judiciary. The three-justice bench directed Bhushan to pay a fine of ₹1 by September 15.

Rajiv Kumar takes over as Election Commissioner Former bureaucrat Rajiv Kumar has assumed charge as the new election commissioner. He takes the place vacated by Ashok Lavasa who joins the Asian Development Bank as vice president.

European Investment Bank To Invest €650 Million Into Kanpur’s First City Metro Line European Investment Bank (EIB) is set to invest a total of €650 million into the construction of Kanpur city’s first metro line, marking its second-biggest operation outside the European Union.

Centre to SC: Moratorium on loan repayment can be extended by 2 years The Centre informed the Supreme Court that moratorium on repayment of loans allowed during the Covid-19 crisis can be extended by up to two years

Page 3: CURRENT AFFAIRS CAPSULE (SEPTEMBER 2020)

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Govt blocked 118 mobile apps including PUBG The Union Government has blocked 118 mobile apps including PUBG which are prejudicial to sovereignty and integrity of India, Defence of India, Security of State and Public Order. The 118 banned mobile apps include PUBG MOBILE Nordic Map: Livik, PUBG MOBILE LITE, WeChat Work, WeChat reading, Cyber Hunter, LifeAfter and Warpath.

Mission Karmayogi to train govt. officials The Union Cabinet gave its approval for Mission Karmayogi, a new national capacity-building and performance evaluation programme for civil servants.

VK Yadav becomes the first Chairman and CEO of Railway Board The Appointments Committee of the Cabinet has approved the appointment of Railway Board Chairman VK Yadav as the CEO.

Tribal Affairs Ministry signs agreement with IIPA for setting up of National Institute of Tribal Research Tribal Affairs Ministry had signed an agreement with Indian Institute of Public Administration, IIPA for setting up of National Institute of Tribal Research at the IIPA campus, New Delhi.

Centre writes to States, UTs to review existing practices & procedures to grant parole, furlough, premature release to inmates Home Ministry has written to States and Union Territories to review existing practices and procedures governing grant of parole, furlough and premature release to inmates, especially in light of Model Prison Manual, 2016 and guidelines issued by the Ministry of Home Affairs, National Human Rights Commission and Apex Court.

Andhra Pradesh tops Ease of Doing Business rankings of States and UTs, followed by UP and Telangana Andhra Pradesh topped the chart among all Indian States and Union Territories in the Business Reform Action Plan (BRAP) 2019 rankings. Uttar Pradesh and Telangana bagged second and third positions respectively.

First trial run on newly-opened inland waterways from Daudkandi in Bangladesh to Sonamura in India completed successfully The trial run of the newly opened inland river route from Daudkandi in Bangladesh to Sonamura in Tripura was successfully completed. The newly opened 93 kilometers long route on the river Gumti marks another major step in enhancing connectivity between India and Bangladesh.

Raj Kumar Srivastava appointed as the next Ambassador of India to the Republic of Croatia Raj Kumar Srivastava has been appointed as the next Ambassador of India to the Republic of Croatia. He is an IFS officer of 1997 batch.

Metro services resume across the country after a gap of over five months Metro services resumed this morning in different cities across the country after a gap of more than five months. These cities are Delhi, Lucknow, Chennai, Bengaluru, Hyderabad and Ahmedabad.

Prahlad Singh Patel virtually attends 5th BRICS Culture Ministers’ Meeting Union Minister of State (I//C) for Culture and Tourism Shri Prahlad Singh Patel virtually attended 5th BRICS

Culture Ministers' Meeting. The 5th BRICS Culture Ministers' Meeting was held through video conference under the Chairpersonship of the Russian Federation.

3rd Rashtriya Poshan Maah being celebrated this month to address malnutrition among young children and women The 3rd Rashtriya Poshan Maah is being celebrated this month(September) to address malnutrition among young children and women. The objective of the Poshan Maah is to encourage Jan Bhagidaari to ensure health and nutrition for everyone.

Social Justice & Empowerment Minister launches toll-free mental health rehabilitation helpline “KIRAN” A 24x7 toll-free mental health rehabilitation helpline named “KIRAN” was launched by Social Justice and Empowerment Minister Thaawarchand Gehlot. The helpline - 1800-500-0019 will provide relief and support to persons with mental illness.

India successfully flight tests indigenous Hypersonic Technology Demonstrator Vehicle India successfully flight-tested Hypersonic Technology Demonstrator Vehicle (HSTDV). This is a giant leap in indigenous defence technologies and a significant milestone towards a Sashakt Bharat and Atmanirbhar Bharat

August rainfall highest since 1926: IMD August rainfall this year has been the highest since 1926 with 32.7 cm — or about 27% more than what is normal for the month, according to data from the India Meteorological Department (IMD).

Kerala Tops Literacy Rate List, Andhra Worst Performer With 96.2 per cent literacy, Kerala has once again emerged as the most literate state in the country, while Andhra Pradesh featured at the bottom with a rate of 66.4 per cent, showed a report based on National Statistical Office (NSO) survey.

The study has pegged the overall literacy rate in the country at about 77.7 per cent. At all-India level, the male literacy rate is higher at 84.7 per cent compared to 70.3 per cent among women.

Hindi Diwas being observed across the country Hindi Diwas is being celebrated across the country on September 14. It was on this day in 1949 that the constituent assembly adopted Hindi written in Devanagari as the official language of the country.

Engineers' Day being celebrated on September 15 The entire nation celebrates Engineers' Day on September 15 to mark the Birth Anniversary of the renowned Indian engineer Bharat Ratna Mokshagundam Viseswaraya.

India, ADB sign 500 million US dollar loan for Delhi-Meerut Regional Rapid Transit System corridor India and the Asian Development Bank (ADB) signed a 500 million US dollar loan for Delhi-Meerut Regional Rapid Transit System (RRTS) corridor.

PM Modi digitally launched Pradhan Mantri Matsya Sampada Yojana & e-Gopala App Prime Minister Narendra Modi has digitally launched the Pradhan Mantri Matsya Sampada Yojana (PMMSY). He also inaugurated the e-Gopala App, a comprehensive breed improvement marketplace and information portal for direct use of farmers.

Page 4: CURRENT AFFAIRS CAPSULE (SEPTEMBER 2020)

Triumphant Institute of Management Education Pvt. Ltd. (T.I.M.E.) HO: 95B, 2nd Floor, Siddamsetty Complex, Secunderabad – 500 003. Tel : 040–40088400 Fax : 040–27847334 email : [email protected] website : www.time4education.com 4

Kisan train to transport agri products from Andhra Pradesh to Delhi flagged off The country's second and South India’s first Kisan Train was flagged off. The train will transport material from Anantapur in Andhra Pradesh to Adarsh Nagar Railway Station in Delhi.

Five PSUs under Petroleum Ministry to join International Solar Alliance Coalition for Sustainable Climate Action Petroleum and Natural Gas Minister Dharmendra Pradahan said that five Public Sector Undertakings under his Ministry will be joining International Solar Alliance (ISA) Coalition for Sustainable Climate Action (ISA-CSCA) as Corporate Partners. Mr Pradhan said that ONGC, IOCL, BPCL, HPCL and GAIL (India) Limited will be contributing to ISA’s Corpus Fund.

Narendra Singh Tomar inaugurates 22 bamboo clusters in nine states Agriculture Minister Narendra Singh Tomar had inaugurated 22 bamboo clusters in nine states by virtual mode. These States are Gujarat, Madhya Pradesh, Maharashtra, Odisha, Assam, Nagaland, Tripura, Uttarakhand and Karnataka.

Dr Harsh Vardhan attends 73rd Session Of WHO South East Asia Region through video conferencing Health Minister Dr. Harsh Vardhan attended the 73rd session of WHO South East Asia Region (SEARO) through video conference.

Rafale Fighter Aircraft formally inducted in Indian Air Force Rafale Fighter Aircraft has been formally inducted into the Indian Air Force at a formal function at Air Force Station, Ambala. Defence Minister Rajnath Singh and Florence Parly, Minister of the Armed Forces of France graced the occasion.

Paresh Rawal appointed NSD chair Paresh Rawal, actor and former BJP MP has been appointed Chairperson of the National School of Drama Society by President Ram Nath Kovind.

India's first Coronavirus airport testing facility launched in Delhi India's first Corona virus airport testing facility was launched at Delhi's Indira Gandhi International Airport.

Golden Temple gets FCRA registration for foreign funds The Union Home Ministry has granted the Foreign Contribution Regulation Act (FCRA) registration to Gurdwara Harmandir Sahib, or the Golden Temple, in Amritsar. It will now enable the Golden Temple to receive foreign donations.

Devendra Darda elected chairman of ABC for 2020-21 Devendra V Darda, Managing Director of Lokmat Media Group, has been elected Chairman of the Audit Bureau of Circulations (ABC) for the year 2020-2021.

Harivansh re-elected as Deputy Chairman of Rajya Sabha NDA candidate Harivansh has been re-elected as the Deputy Chairman of Rajya Sabha. The upper house cleared his name with a voice vote.

Parliament passes National Commission for Homoeopathy Bill and National Commission for Indian System of Medicine Bill Parliament has passed the National Commission for Homoeopathy Bill, 2020 and the National Commission for

Indian System of Medicine Bill, 2020 with the Lok Sabha approving them. The bills aim at ensuring availability of high quality medical professionals both for homeopathic treatment as well as for the Indian System of Medicine.

BJP launches week-long ‘ Seva Saptah’ to mark PM Modi's 70th birthday BJP has launched a week-long campaign namely Seva Saptah to mark the 70th birthday of Prime Minister Narendra Modi which falls on 17th this month.

Provision of ₹40,000 cr made under MGNREGA Scheme through Aatma Nirbhar Bharat Package: Govt Minister of State for Finance Anurag Singh Thakur has said that the Government has made a provision of 40 thousand crore rupees under MGNREGA Scheme through Aatma Nirbhar Bharat Package to provide employment to the needy workers.

PMGKP Insurance Scheme for health workers fighting COVID-19 extended for another six months The Pradhan Mantri Garib Kalyan Package Insurance Scheme for Health Workers Fighting COVID-19 has been extended for another six months. This Central Sector Scheme provides an insurance cover of ₹50 lakh to healthcare providers.

Ramesh Pokhriyal Nishank presents first ever AICTE Visvesvaraya Best Teacher Awards 2020 Education Minister Ramesh Pokhriyal Nishank has presented the first ever AICTE Visvesvaraya Best Teacher Awards 2020 to 12 faculty members of AICTE approved institutes on the occasion of Engineers Day.

Govt sets up expert panel to study reports of China snooping on Indian politicians & leaders Centre has set up an expert committee under the National Cyber Security Coordinator to study reports released earlier this week which said that a China-based company is mining data and snooping on hundreds of Indian politicians and leaders.

Russia’s sovereign wealth fund partners with Dr Reddy’s for trials and distribution of Sputnik V vaccine in India Russia’s sovereign wealth fund had reached an agreement with Indian pharmaceuticals major Dr Reddy’s Laboratories to cooperate on clinical trials and distribution of the Sputnik V vaccine for Covid-19 in India. Upon regulatory approval in India, the RDIF shall supply to Dr Reddy’s 100 million doses of the vaccine.

Lok Sabha passes two agriculture reform bills aimed at bringing revolutionary changes in the lives of farmers Lok Sabha passed two bills aimed at transforming agriculture in the country and raising farmers’ income. The bills are Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and the Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020. Both the bills were passed by the Lok Sabha with voice vote.

Agriculture Minister Narendra Singh Tomar given additional charge of Food Processing Industries Ministry, following resignation of Harsimrat Kaur Badal Agriculture Minister Narendra Singh Tomar has been assigned the charge of the Ministry of Food Processing Industries in addition to his existing portfolios. The incumbent Harsimrat Badal has resigned in protest of these bills.

Page 5: CURRENT AFFAIRS CAPSULE (SEPTEMBER 2020)

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PM Modi inaugurates Kosi Rail mega bridge & 12 railway projects in Bihar Prime Minister Narendra Modi has dedicated the historic Kosi Rail Mahasetu (mega bridge) to the nation through video-conference. The bridge has connected Mitihila and Kosi region.

Indian Navy aircraft carrier 'Viraat' to begin last journey Viraat, the decommissioned aircraft carrier of the Indian Navy, will begin its last journey from Mumbai’s Naval Dockyard to Alang in Gujarat, where it will be dismantled.

Rajya Sabha passes two Bills to reduce salary, allowances of MPs, Ministers by 30% The Rajya Sabha unanimously passed the Salaries and Allowances of Ministers (Amendment) Bill 2020 and the Salary, Allowances and Pension of Members of Parliament (Amendment) Bill, 2020. The bills have provision to cut the salaries and other allowances by 30 per cent.

Eight Indian beaches recommended for coveted Blue Flag international eco-label Environment Minister Prakash Javadekar has said that eight beaches of the country have been recommended for the coveted ‘Blue Flag’ international eco-label.

LS passes Companies (Amendment) Bill to decriminalise various corporate offences Lok Sabha has passed the Companies (Amendment) Bill, 2020, which decriminalizes a number of technical and filing-related corporate offences. It also allows direct listing of Indian companies on foreign stock exchanges and revokes the criminal provisions added to the Companies Act for violations of provisions of corporate social responsibility rules.

Union Home Ministry tables FCRA amendment bill at the Lok Sabha The Union Ministry of Home Affairs has proposed amendments to the Foreign Contributions (Amendments) Act, 2010. The proposed amendment will prevent public servants, as defined under Section 21 of the Indian Penal Code (IPC), from receiving foreign donations. Moreover, the NGOs registered under FRCA cannot use more than 20% of their foreign contribution to meeting administrative expenses.

Direct cargo ferry service between India & Maldives jointly e- launched Shipping Minister Mansukh Mandaviya and Minister of Transport and Civil Aviation of Maldives, Ms Aishath Nahula have jointly e- launched a direct cargo ferry service between India and Maldives.

Govt announces increase in MSPs for six Rabi crops Union Government has announced increase in the Minimum Support Prices (MSPs) for all mandated Rabi crops. The MSP of six Rabi crops including Wheat, Chana, Masoor, Mustard, Jowar and Safflower has been hiked in the range of 50 to 300 rupees.

Lok Sabha passes several bills including National Forensic Science University Bill 2020 Lok Sabha has passed The National Forensic Science University Bill 2020. The Bill establishes National Forensic Science University as an institute of national importance.

82,575 cases of cybercrimes reported in country between 2014 & 2018: G. Kishan Reddy Cybercrimes are increasing in the country and a total of 82 thousand 575 cases of cyber crimes have been

reported in the country during the year 2014 to 2018. Maximum number of six thousand 280 cases related to Cybercrimes have been reported in Uttar Pradesh.

2,729 people from 44 countries granted Indian Citizenship since 2017 A total number of two thousand 729 people from 44 countries have been granted Indian Citizenship during the period of 2017 to 17th September of this year. . A total of two thousand 120 people from Pakistan have been granted Indian Citizenship in the last three and half years.

In a first, 2 women officers to operate helicopters from Indian Navy warships In a first, two women officers Sub Lieutenant (SLt) Kumudini Tyagi and SLt Riti Singh have been selected to join as ‘Observers’ (Airborne Tacticians) in the Indian Navy’s helicopter stream that would ultimately pave the way for women being posted in frontline warships.

LS passes J&K Official Languages Bill The Lok Sabha passed the J&K Official Languages Bill, 2020 that seeks to include Kashmiri, Dogri and Hindi as the official languages in the newly created Union Territory of Jammu and Kashmir. Earlier, only English and Urdu were the official languages in the former State.

TRAI recommends body to monitor net neutrality The Telecom Regulatory Authority of India has recommended the creation of a multi-stakeholder body (MSB) to ensure that Internet access providers adhere to the provisions of net neutrality.

Parliament passes three labour code Bills Parliament has passed the three labour code Bills for the welfare and protection of the workers. Rajya Sabha gave its nod to these bills while the Lok Sabha had already passed it. The bills are the Occupational Safety, Health and Working Conditions Code 2020, The Industrial Relations Code 2020, The Code on Social Security, 2020.

Govt raises limit for use of SDRF funds by states from 35 per cent to 50 per cent to tackle COVID situation Prime Minister Narendra Modi has announced that the limit of using the State Disaster Response Fund for COVID specific infrastructure has been increased from 35 per cent to 50 per cent.

DRDO conducts second successful flight-test of missile target vehicle Abhyas The Defence Research and Development Organisation (DRDO) conducted successful flight-tests of the indigenously designed Abhyas High-speed Expendable Aerial Target (HEAT) in Balasore. This is the second time that the target vehicle was flight-tested successfully.

Kineco flags-off India’s first commercial Sonar Dome for Indian Navy Goa-based Kineco Limited, a leading composite technology provider for defence, aerospace, railway and industrial sectors, flagged off India’s first-ever commercial Sonar Dome.

51st IFFI to be held from 16th to 24th January next year in Goa The 51st Edition of the International Film Festival of India, IFFI will be held from 16th to 24th January, next year in Goa.

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Prime Minister releases Age-Appropriate Fitness Protocols Prime Minister Narendra Modi has given a new-Mantra-"Fitness Ki Dose, Aadha Ghanta Roz". He has urged the people to apply this principle in letter and spirit to stay fit and healthy.

EESL appoints Rajat Sud as its new Managing Director A Joint Venture(JV) of Public Sector Undertakings, under the Ministry of Power, Government of India, Energy Efficiency Services Ltd (EESL) has appointed Rajat Sud as its new Managing Director.

Country's apex regulator of medical education 'National Medical Commission' comes into existence The National Medical Commission (NMC), in place of the Medical Council of India (MCI), as the country's apex regulator of medical education and profession has come into existence. Dr Suresh Chandra Sharma has been appointed as chairman for a period of three years.

Shivangi Singh set to become India’s first woman fighter pilot to fly Rafale Flight Lieutenant, Shivangi Singh to become the first woman fighter pilot of India to fly the Rafale combat aircraft. She is one of the 10 Indian women fighter pilots in IAF.

National Daughters’ Day 2020: 27 September September is the month to celebrate daughters, in India, the last Sunday of the month, which falls of September 27 this year, is celebrated as Daughters’ Day, while World Daughters’ Day falls on September 2.

DAC approves proposals for capital acquisition of equipment worth ₹2,290 crore The Defence Acquisition Council (DAC) has approved proposals for capital acquisition of various equipment required by the Indian Armed Forces at an approximate cost of ₹2,290 crore. These include procurement from Domestic Industry as well as Foreign vendors.

‘Doodh Duronto Specials’ transported three crore litres of milk from Andhra Pradesh to Delhi Doodh Duronto Specials transported three crore litres of milk from Renigunta in Andhra Pradesh to New Delhi. Doodh Duronto Special introduced during lock down period from Renigunta to Hazrat Nizamuddin to supply milk to the people of national capital is being operated on regular basis and the total milk transportation crossed 3 crore liters mark.

Senior IAS PD Vaghela appointed as new TRAI chairman Senior Indian Administrative Service Officer Dr P. D. Vaghela has been appointed as the Chairman of Telecom Regulatory Authority of India- TRAI.

Govt committed to increase public healthcare spending from existing 1.15% of GDP to 2.5 % by 2025: Health Minister Dr. Harsh Vardhan Health Minister Dr. Harsh Vardhan said that the union government is committed to increase the public healthcare spending from the existing 1.15 per cent of the GDP to 2.5 per cent by 2025.

MHA extends ban on NSCN-K The Union Ministry of Home Affairs extended the ban on National Socialist Council of Nagaland (Khaplang), saying the insurgent group has been in violence, extortion and secessionist activities.

Home Ministry sanctions three new NIA branches at

Imphal, Chennai, Ranchi National Investigation Agency (NIA) will have three more branches in Imphal, Chennai and Ranchi. Union Home Ministry has sanctioned three new NIA branches. Currently, the NIA has nine branches besides specialized units at Headquarters, New Delhi.

Rajnath Singh launches Defence India Startup Challenge-4, releases PMA guidelines for iDEX Defence Minister Rajnath Singh launched the Defence India Startup Challenge (DISC 4) during the iDEX event, featuring the initiatives aimed at expanding the horizons of Innovations for Defence Excellence (iDEX) ecosystem in New Delhi . Mr Singh also launched the iDEX4Fauji initiative and Product Management Approach (PMA) guidelines during the event.

Noted filmmaker Shekhar Kapur appointed president of FTII Society & chairman of FTII Governing Council Noted Filmmaker Shekhar Kapur has been named as the President of Film and Television Institute of India, FTII Society and Chairman of Governing Council of FTII.

Centre releases COVID-19 Safe Workplace Guidelines for Industry Health Minister Harsh Vardhan and Labour Minister Santosh Kumar Gangwar have virtually released a booklet on ‘COVID-19- Safe Workplace Guidelines for Industry’ in the presence of Member (Health) in NITI Aayog, VK Paul.

SC orders States to supply dry rations to sex workers The Supreme Court of India ordered States and Union Territories to supply dry rations to sex workers identified by the National AIDS Control Organisation and district legal authorities without insisting on the production of identity documents like ration card amid the pandemic.

India’s GDP contracts by 23.9% in April-June quarter As per the data released by the National Statistical Office (NSO), India’s Gross Domestic Product (GDP) for the April-June quarter (Q1) slipped by a sharp 23.9 per cent.

Fiscal deficit touches 103% of Budget Estimate in April-July India’s fiscal deficit overshot the FY21 budget estimate to hit ₹8.2 lakh crore, or 103%, in the first four months after the Covid-19-induced economic slowdown hurt revenue flows.

SC allows 10 years for staggered payments of AGR dues The Supreme Court has allowed telecom operators 10 years to pay up dues related to adjusted gross revenue (AGR).

GST mop-up hits 88% of August 2019 collections The economy is starting to gather pace with the GST mop up in August reaching 88 per cent of the collection in August 2019, according to the Finance Ministry. At ₹86,500 crore, it was a tad lower than the ₹87,422 crore mopped up in July.

Central Board Of Direct Taxes Chairman Pramod Chandra Mody Gets 6-Month Extension Pramod Chandra Mody was given a six-month extension till February next year as the chairman of the

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Central Board of Direct Taxes (CBDT), a Personnel Ministry order said.

LIC Housing plans to raise ₹50,500 crore LIC Housing Finance said it will seek shareholders' approval in the upcoming annual general meeting this month to raise up to ₹50,500 crore by issuing debt securities or other hybrid instruments on a private placement basis. Unacademy gets $150 mn in SoftBank-led round Edtech platform Unacademy has raised $150 million, led by SoftBank Vision Fund 2i , trebling its valuation to $1.45 billion.

Finance Minister asks banks to roll out loan restructuring scheme by Sep 15 Finance Minister Nirmala Sitharaman has asked banks and NBFCs to roll out loan restructuring scheme for COVID-19 related stress by September 15, and provide adequate support to the borrowers following the lifting of moratorium on repayment of debts.

RBI approves appointment of Murali Ramakrishnan as MD, CEO of South Indian Bank The Reserve Bank of India (RBI) has approved the appointment of Murali Ramakrishnan as Managing Director and CEO of the South Indian bank for a period of three years with effect from October 1, 2020.

Krishnan appointed as MD & CEO of Punjab & Sind Bank The Appointments Committee of the Cabinet (ACC) has approved the appointment of S Krishnan as the Managing Director and Chief Executive Officer of Punjab & Sind Bank.

RBI reviews PSL guidelines to align it with emerging national priorities for inclusive development The Reserve Bank of India has comprehensively reviewed the Priority Sector Lending (PSL) guidelines to align it with emerging national priorities and bring sharper focus on inclusive development. The revised PSL guidelines will enable better credit penetration to credit deficient areas; increase the lending to small and marginal farmers and weaker sections; boost credit to renewable energy and health infrastructure. Moody’s cuts ratings on BoB, Canara, two others Moody’s Investors Service has downgraded the long-term local and foreign currency deposit ratings of four public sector banks — Bank of Baroda (BoB), Bank of India, Canara Bank and Union Bank of India (UBI) — to Ba1 from Baa3 and their baseline credit assessments (BCAs) to b1 from ba3.

RBI paves way for loan recasts; 26 sectors identified The Reserve Bank of India specified five financial ratios and sector-specific thresholds for resolution of COVID-19-related stressed assets in 26 sectors, including auto components, aviation and tourism.

RBI to conduct simultaneous purchase & sale of govt securities under OMO for ₹10,000 crore each on Sept 10 The Reserve Bank of India (RBI) will conduct simultaneous purchase and sale of government securities under the Open Market Operation (OMO) for ₹10,000 crore each on September 10.

Global economy to contract 4.4%, China to grow at 2.7% Fitch Ratings in its September update to the Global Economic Outlook (GEO) has projected global GDP to contract 4.4% in the current year, but revised upwards China’s growth estimate to 2.7% for 2020. Fitch has slashed India's growth projection to (-)10.5 per cent from (-)5 per cent.

Goldman Sachs, India Ratings slash India's FY21 GDP forecast; see recovery next year India Ratings expects India’s GDP growth to contract 11.8 per cent in 2020-21, compared with the 5.3 per cent contraction it had expected earlier. Goldman Sachs is expecting the GDP to shrink 11.1 per cent in calendar year 2020 and fall 14.8 per cent in the financial year ending March 2021.

Govt to sell 15-20 pc stake in IRCTC via OFS The Union government plans to sell about 15-20 per cent stake in IRCTC via offer for sale (OFS) and would like to complete the transaction in minimum number of tranches.

Borrowings by States soar 51% to ₹2.97 lakh cr. The pandemic-stricken States have borrowed a whopping ₹2.97 lakh crore so far this financial year, which is as much as 51% more than the corresponding period a year earlier.

Public Sector Banks' doorstep banking services launched by FM Nirmala Sitharaman Union Finance Minister Nirmala Sitharam inaugurated Doorstep Banking Services by Public Sector Banks (PSBs), which will provide the convenience of banking services to the customers at their doorstep.

EPFO decides to pay 8.5% interest during 2019-20 The Central Board of Trustees of Employees' Provident Fund has recommended the same interest rate at 8.50 per cent to the Central Government. Silver Lake to invest ₹7,500 cr. in RIL retail arm Silver Lake Partners is set to invest ₹7,500 crore in Reliance Retail Ventures Ltd. (RRVL), a subsidiary of Reliance Industries Ltd. (RIL), for a 1.75% stake. Happiest Minds Technologies IPO subscribed 126.15 times so far on last day of bidding The initial public offering of IT services firm Happiest Minds Technologies was subscribed a whopping 126.15 times so far on the last day of bidding. The ₹702-crore IPO, received bids for 2,93,41,84,140 shares against the total issue size of 2,32,59,550 shares.

Govt forms three-member expert panel to assist in assessment of relief to bank borrowers The Union Government has constituted a three member expert committee to assist in the assessment of relief to bank borrowers. The committee chaired by former CAG Rajiv Mehrishi will measure the impact on the national economy and financial stability of waiving of interest and COVID-19 related moratorium.

Supreme Court extends date for banks to recognize Covid-shock bad loans The Supreme Court has extended the relaxation of rules over the classification of non-performing loans until further notice, delaying the disclosure of how much bad debt banks actually hold.

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Citigroup Names Jane Fraser As First Woman CEO Citigroup named Jane Fraser as its next chief executive, tapping a woman to lead a giant Wall Street bank for the first time. She will take over the top job in February, replacing Michael Corbat who will retire.

Yes Bank pays ₹50,000-cr. dues to RBI Yes Bank has fully repaid the ₹50,000 crore provided by RBI as a special liquidity facility (SLF) amid the crises faced by the lender earlier this year, its chairman Sunil Mehta said.

RIL’s mkt valuation crosses USD 200 bn; First Indian firm to do so Continuing its rally, shares of Reliance Industries Ltd on September 10 closed over 7 per cent higher, helping its market valuation cross the USD 200 billion mark and become the first domestic firm to achieve the milestone.

RBI issues guidelines for appointment of CCO in banks Reserve Bank of India has issued guidelines for appointment of Chief Compliance Officer (CCO) in banks to ensure uniform approach with regard to compliance and risk management culture across the banking industry. According to the RBI, CCO must be appointed for a minimum fixed period of three years.

ICICI Bank launches 'iStartup2.0' ICICI Bank has launched a new product named “iStartup 2.0”, to cater to the banking needs of startups and entrepreneurs.

SEBI hikes minimum investment corpus in equities to 75% for multicap funds In a bid to diversify the underlying investments of multicap funds across the large, mid and small cap companies, SEBI has modified asset allocation framework for such mutual funds. The market regulator has asked multicap funds to have a minimum equity investment of 75 per cent as against the current mandate of 65 per cent.

Gujarat State retains top rank in Central govt’s startup rankings In the state startup rankings announced by the Government of India (GoI), Gujarat retained its top rank as the “best performing state” for startups in the country.

Banks sanction ₹1.63 lakh crore to 42 lakh MSMEs under credit guarantee scheme The Union Finance Ministry said banks have sanctioned loans worth over ₹1.63 lakh crore to more than 42 lakh business units under the ₹3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector.

ICRA Upgrades Yes Bank On Improved Financial Profile ICRA Ltd. has upgraded its ratings on securities issued by Yes Bank Ltd., months after the private lender’s financial position worsened and its board was superseded by the Reserve Bank of India, leading to a rescue effort.

Country's Forex reserves rise to reach a lifetime high by USD 582 million India’s foreign exchange reserves rose by USD 582 million to reach a lifetime high of USD 542.013 billion in the week ended September 4.

Govt. looks to spend ₹2.35 lakh cr. More The Union government has sought Parliament’s approval for ₹2.36 lakh crore of additional gross expenditure of which ₹1.67 lakh crore would be net cash outgo after

accounting for ₹68,868 crore of savings or reallocation from ministries with under-utilised funds.

Government To Infuse ₹20,000 Crore In State-Run Banks The centre sought parliamentary nod to infuse ₹20,000 crore worth of capital in public sector banks this financial year, which ends in March 2021. The move is aimed at supporting the lenders against a surge in bad loans.

GST compensation due to States is ₹1.51 lakh cr. The GST collection during April-August declined on account of COVID-19 induced lockdown, and the compensation due to states stands at over ₹1.51 lakh crore, Minister of State for Finance Anurag Singh Thakur said.

Indian economy to shrink 9% in FY21, says ADB Asian Development Bank expects India's economy to contract by 9% in FY2020-21 as against 4% forecast in June as the Covid-19 pandemic weighs heavily on economic activity and consumer sentiment in the country.

Exports fall 12.7%, trade deficit eases to $6.77 bn Contracting for the sixth straight month, India’s exports slipped 12.7% to $22.7 billion in August, on account of decline in the shipments of petroleum, leather, engineering goods and gems and jewellery items, according to government data. Imports fell by 26.04 per cent to $29.47 billion, after July's 28.4 per cent fall.

RBI issues draft on rupee IR derivatives The Reserve Bank of India has proposed allowing foreign portfolio investors (FPIs) to undertake exchange-traded rupee interest rate derivatives transactions subject to an overall ceiling of ₹5,000 crore.

FDI of $1 bn flowed from China to over 1,600 firms More than 1,600 Indian companies have received foreign direct investments (FDI) worth $1 billion from China during the April 2016 to March 2020 period, according to government data. These companies were in 46 sectors.

Lok Sabha passes Banking Regulation (Amendment) Bill Lok Sabha passed the Banking Regulation (Amendment) Bill, 2020 which replaces the Banking Regulation (Amendment) Ordinance which was promulgated on 26th June this year. Finance Minister Nirmala Sitharaman said it will help in safeguarding interest of the co-operative bank depositors' in the country.

Trade deficit with China dips to $5.5 bn The trade deficit between India and China in April-June this fiscal year fell to $5.48 billion as compared to $13.1 billion in the same period last year.

Sebi allows REITs, InvITs to list on bourses operating in IFSC Securities and Exchange Board of India (Sebi) had allowed emerging investment vehicles —REITs and InvITs — to list on stock exchanges operating in the International Financial Services Centre (IFSC).

IRDAI panel for pandemic risk pool with ₹75,000 cr govt backstop guarantee A working group of insurance sector regulator IRDAI has suggested setting up of a pandemic risk pool with a ₹75,000 crore backstop guarantee from the government in the initial stages, with a view to help MSME workers and migrant labourers facing loss of income.

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FM introduces Taxation and Other Laws (Relaxation & Amendment of Certain Provisions) Bill, 2020 in Lok Sabha Finance Minister Nirmala Sitharaman introduced the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020 in the Lok Sabha for consideration. The bill will replace the ordinance which was promulgated in March this year to provide relaxations related to compliance by extending the time limit and waiving penalty in relation to certain specified laws.

Forex reserves down by USD 353 mn to USD 541.66 bn: RBI data After touching a life-time high in the previous week, the country's foreign exchange reserves declined by USD 353 million to USD 541.660 billion in the week ended September 11, according to the Reserve Bank data.

IFC to provide two trillion dollars to India to develop green buildings The International Finance Corporation has said that two trillion dollars will be provided to India to develop green buildings, improve public transport and to expand renewable sources of energy.

To boost trade, Pak. plans to set up markets on Afghan, Iran borders The Pakistani government has decided to establish 18 markets along Pak-Afghan and Pak-Iran borders with a view to boosting trade with the two countries and curbing the menace of smuggling.

Angel Broking announces ₹600-cr. IPO Angel Broking Ltd. has announced an initial public offering (IPO) of equity shares to raise ₹600 crore. The IPO will include a fresh issue of ₹300 crore, and an offer for sale (OFS) of ₹300 crore from existing investors of the firm.

Bandhan Bank sets up new vertical to serve unbanked customers Bandhan Bank has set up a new vertical called “Emerging Entrepreneurs Business (EEB)”. The new vertical has been launched to support the emerging needs of the unbanked and underbanked segment of customers.

Fitch Solutions projects India’s GDP growth at -8.6% in FY21 Fitch Solutions has revised downward its forecast for Indian economic growth and now estimates that India’s GDP will contract by 8.6% in 2020-21 (FY21).

Public Procurement Order, 2017 -Amended To Curb Chinese Investment The Government of India has amended the public procurement (Preference to make in India ) order 2017. These amendments would curb the Chinese investment in India.

Rajya Sabha passes Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020 The Rajya Sabha passed the Insolvency and Bankruptcy Code (Second Amendment) Bill (IBC), 2020 to ensure that fresh insolvency proceedings will not be initiated for at least six months starting March 25 amid the COVID-19 pandemic. The Bill replaces an ordinance passed in June.

Govt garners ₹9,538 cr from direct tax dispute resolution scheme so far The Union government has collected ₹9,538 crore revenue from the Direct Tax Vivad Se Vishwas scheme,

Parliament was informed by the Minister of State for Finance Anurag Singh Thakur.

SBI raises ₹7,000 cr. via Basel III bonds State Bank of India has raised ₹7,000 crore by issuing Basel III compliant bonds. The bonds qualify as tier II capital of the bank, and has face value of ₹10 lakh each, bearing coupon rate of 6.24 per cent per annum payable annually for a tenor of 10 years.

Imports from China dip 28% April-August India's imports from China declined by 27.63 per cent during April-August this fiscal to $21.58 billion over the same period previous year.

Borrowing by States increase 45% this fiscal From April 7 to September 22 in this financial year, 27 States and 2 Union Territories have cumulatively raised ₹3.26 lakh crore via market borrowings, which is a 45% increase from the borrowings in the corresponding period of 2019-20. Tamil Nadu, Maharashtra, Andhra Pradesh, Karnataka and Rajasthan have been the top 5 borrowing States, accounting for 54% of total borrowings by States so far.

Shapoorji Pallonji Group agrees to exit Tata Sons, calls for separation In an attempt to end the long-standing and bitter dispute with the Tata group, the SP group, owned by the billionaire Mistry family, told the Supreme Court (SC) that it would exit Tata Sons, provided an early, fair, and equitable solution was reached.

Dixit named PMC Bank administrator The Reserve Bank of India has appointed former Union Bank of India executive A K Dixit as the new administrator of PMC Bank, replacing J.B. Bhoria, who stepped down on September 22 due to health reasons.

NSE, SGX pact to boost Nifty liquidity The National Stock Exchange (NSE) and Singapore Exchange (SGX) have entered into a formal agreement to cement the key terms for operationalising the NSE IFSC-SGX Connect which will bring together international and Gujarat International Finance Tec-City (GIFT) participants to create a bigger liquidity pool for Nifty products in GIFT City.

Indian economy to contract 5.9% in 2020 due to Covid-19 disruptions, says UN report Impacted by disruptions caused by the Covid-19 pandemic, India’s economy is forecast to contract by 5.9% in 2020, the UN has said in a report. It said the global economy is expected to contract by 4.3 per cent this year.

Parliament passes Bilateral Netting of Qualified Financial Contracts Bill Parliament has passed the Bilateral Netting of Qualified Financial Contracts Bill, 2020 with Rajya Sabha approving it. The bill provides a legal framework for bilateral netting of qualified financial contracts.

Centre retained ₹1.1 lakh cr. of cess receipts The Centre retained in the Consolidated Fund of India (CFI) more than ₹1.1 lakh crore out of the almost ₹2.75 lakh crore collected in 2018-19 through various cesses.

KKR to add RIL retail unit stake for ₹5,550 crore Investment firm KKR has decided to buy a 1.28% stake in RIL’s Reliance Retail Ventures Ltd. (RRVL) unit for ₹5,550 crore.

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CAMS IPO subscribed 47 times Computer Age Management Services’ initial public offer had been subscribed 46.85 times on the final day of bidding. The ₹2,242-crore IPO of Warburg Pincus-backed CAMS received bids for 60,09,50,796 shares against the offer size of 1,28,27,370 shares.

Bankruptcy code suspended for three more months The Central government suspended the operation of the Insolvency and Bankruptcy Code (IBC) by another three months to protect companies in distress due to the pandemic being dragged into bankruptcy tribunals. The suspension of the Code is extended for another three months from 25 September.

RBI suggests five-pillared approach to deal with cybersecurity issues in UCBs The Reserve Bank of India came out with a five-pillared strategic approach 'GUARD' to deal with cyber security threats being faced by Urban Cooperative Banks (UCBs). The five-pillared strategic approach 'GUARD' comprises Governance Oversight, Utile Technology Investment, Appropriate Regulation and Supervision, Robust Collaboration and Developing necessary IT and cybersecurity skills set.

Adani-GVK airport deal gets CCI nod

The Competition Commission of India (CCI) has

approved Adani Group’s proposed acquisition of

controlling stake in Mumbai airport from GVK Airport

Developers under the green channel route.

Harley shuts India factory, sales Harley-Davidson Inc said it would discontinue its sales and manufacturing operations in India, effectively abandoning the world’s biggest motorcycle market after a decade of unsuccessful efforts to gain a foothold.

Mazagon Dock Shipbuilders unveils IPO Mazagon Dock Shipbuilders Ltd., a defence PSU, has announced opening of its initial public offering for subscription on September 29, with a price band of ₹135 – ₹145 per equity share.

Centre allows additional borrowing of ₹9,913 cr by five states The Centre permitted five States to borrow an additional ₹9,913 crore through open market borrowings to meet expenditure requirements amid falling revenues due to the COVID-19 crisis. These states are Andhra Pradesh, Telangana, Goa, Karnataka and Tripura.

Bank credit up 5.26% to ₹102.24 trn, deposits rise 11.98%: RBI data Bank credit grew 5.26 per cent to ₹102.24 trillion while deposits rose 11.98 per cent to ₹142.48 trillion in the fortnight ended September 11, according to RBI data. In the fortnight ended September 13, 2019, bank credit was at ₹97.13 trillion and deposits at ₹127.22 trillion.

Vodafone wins international arbitration against India in ₹14,200-crore tax dispute case Vodafone Group has won the tax case against India at the international arbitration Tribunal over retrospective tax demand of ₹20,000 crore including the capital gains tax and withholding tax

Positive Pay system for high value cheques from January 1, 2021: RBI The Reserve Bank of India has introduced a “Positive Pay System” that will come into effect from January

2021. The system has been launched to make the cheque payment more secure. The system will make mandatory to re-confirm key details of cheques for the payments beyond ₹50,000.

FPIs pull out net ₹476 cr so far in Sept from Indian markets Foreign Portfolio Investors (FPI) have pulled out ₹476 crore on net basis so far from Indian markets in September, reflecting a cautious stance by participants amid fears of resurgence of coronavirus cases in Europe and other countries.

RBI approves panel of directors to run day-to-day affairs at LVB The Reserve Bank of India stepped in to address issues at Lakshmi Vilas Bank, approving a Committee of Directors (CoD), composed of three independent directors, who would run the day-to-day affairs of the lender.

Vakrangee gets RBI nod to set up BBPS unit to handle billing services Vakrangee Ltd said the Reserve Bank has granted in-principle approval to set up Bharat Bill Payment Operating Unit (BBPOU) to handle payment services related to bills.

Biyani close to deal with SBI to ‘future’-proof insurance arms As part of its plan to cut down on debt, the Kishore Biyani-led Future Group is all set to close a deal with State Bank of India for the sale of both the general and life insurance segments.

Govt initiates probe into alleged dumping of pharma raw material from China Government has initiated a probe into alleged dumping of a pharma raw material, Ceftriaxone Sodium Sterile, from China.

RBI postpones policy meeting The Reserve Bank of India (RBI) postponed the bi-monthly meeting of the Monetary Policy Committee (MPC) scheduled from September 29 to October 1, after the government failed to nominate its three members to the six-member panel on time.

RBI extends enhanced borrowing limit for banks till March 31, 2021 In order to ensure enough liquidity to the banks, the Reserve Bank of India (RBI) extended the time limit of the enhanced borrowing facility provided to banks to meet liquidity shortage till March 31, 2021.

Sell defaulter-members’ assets in 6 months: SEBI Markets regulator SEBI asked exchanges and clearing corporations to initiate measures for liquidating assets of defaulter members within six months of declaring the entities concerned as defaulters.

RBI ropes in Amitabh Bachchan for customer awareness campaign The Reserve Bank has roped in Bollywood megastar Amitabh Bachchan for the customer awareness campaign to prevent gullible account holders from being duped by fraudsters.

Indian Bank to merge 325 branches Consequent to the amalgamation of Allahabad Bank with Indian Bank, Indian Bank would be amalgamating more than 325 branches that would not only help reduce cost but also provide better services to the customers, said M.K. Bhattacharya, executive director (ED), Indian Bank.

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AWARDS

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ON

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PERSONS IN NEWS

(National and International)

States get extra time for borrowings With an aim to help State governments tide over the financial problems triggered by the COVID-19 pandemic, the RBI has extended by six months the additional flexibility provided to States to raise funds through market borrowing and overdraft.

Tamhane’s The Disciple wins best screenplay at Venice fest Director Chaitanya Tamhane has won the best screenplay award for his Marathi-language feature “The Disciple” at the Venice Film Festival that saw Chinese-American filmmaker Chloe Zhao bagging the top prize of the coveted Golden Lion for her drama “Nomadland”.

HDFC Bank’s Aditya Puri bags Euromoney award In a first-of-its kind recognition for an Indian corporate leader, Aditya Puri, MD, HDFC Bank was conferred the Lifetime Achievement Award by Euromoney Awards of Excellence 2020.

Chef Vikas Khanna honoured with Asia Game Changer award for feeding millions in India amid Covid crisis Star chef Vikas Khanna will be honoured with the prestigious 2020 Asia Game Changer Award for feeding millions across India amid the COVID-19 pandemic through a massive food distribution drive. Khanna is the only Indian among the six honourees named by the leading organisation.

PM Narendra Modi awarded Ig Nobel Prize 2020 for medical education Prime Minister Narendra Modi has been awarded the Ig Nobel Prize 2020 for Medical Education. Besides Modi, the medical education prize was jointly awarded to Jair Bolsonaro of Brazil, Boris Johnson of the United Kingdom, Andrés Manuel Lopez Obrador of Mexico, Alexander Lukashenko of Belarus, Donald Trump of the USA, Recep Tayyip Erdogan of Turkey, Vladimir Putin of Russia, and Gurbanguly Berdimuhamedow of Turkmenistan.

Colombian journalist wins Golden Pen of Freedom award Colombian journalist Jineth Bedoya Lima was awarded the Golden Pen of Freedom by the World Association of News Publishers (Wan-Ifra).

Kerala wins UN award for 'outstanding contribution' towards prevention, control of non-communicable diseases Kerala has won the United Nations Inter-Agency Task Force on the Prevention and Control of Non-communicable Diseases Awards 2020 for its “outstanding contribution” towards the non-communicable diseases-related sustainable development goals.

Indian-American-led research team wins $100,000 NIH prize for phone-based saliva test The Cornell researchers' team led by an Indian-American Saurabh Mehta has won USD 100,000 prize for developing a quick, non-invasive, mobile phone-based system to detect infectious diseases, inflammation and nutritional deficiencies in saliva. He was awarded the National Institutes of Health (NIH) Technology Accelerator Challenge prize

Shanti Swarup Bhatnagar Prize 2020: 12 researchers receive India’s highest science award The names of 12 scientists who received the country’s highest science award Shanti Swarup Bhatnagar Prize for 2020 were announced during the foundation day of the Council for Scientific and Industrial Research (CSIR). The prize is given to Indian scientists below the age of 45 for outstanding research in seven fields—Biology, Chemistry, Environment Science, Engineering, Mathematics, Medicine and Physics.

Pranab Mukherjee Former President of India and Bharat Ratna awardee Pranab Mukherjee, died at the age of 84 after battling a long illness. Pranab Mukherjee served as 13th President of India from 2012 to 2017.

Khaleda Zia Government of Bangladesh has suspended the jail sentence of former Prime Minister Khaleda Zia for six more months on health grounds. The decision has been taken so that the 75-year-old leader can receive necessary medical treatment

Kesavananda Bharati Swamiji Kesavananda Bharati Swamiji, seer of the Edneer Math in Kasaragod district of Kerala and petitioner in the landmark judgment of the Supreme Court on Fundamental Rights, died.

Ziauddin Tariq Ali Liberation war fighter and a prominent public figure of Bangladesh Ziauddin Tariq Ali passed away in Dhaka. He was a member of the cultural group ‘Muktir Gaan’, that inspired the freedom fighters through their songs during the Liberation War in 1971.

Alexei Navalny Russian opposition leader Alexei Navalny, who Germany says was poisoned by a weapons-grade Novichok nerve agent, is now out of a medically induced coma and is being weaned off mechanical ventilation, the Berlin hospital treating him said.

Govind Swarup Physicist Govind Swarup, known for pioneering radio astronomy in India and setting up giant radio telescopes, died. He was 91. Swarup was the brains behind the designing and installation of the Ooty Radio Telescope and the Giant Metrewave Radio Telescope near Pune.

Swami Agnivesh Arya Samaj leader and social activist Swami Agnivesh passed away at the Institute of Liver and Biliary Sciences, ILBS in New Delhi. He founded Bonded Labour Liberation Front in 1981 and worked against bonded labour.

Diana Rigg British Actress who was popularly known for her recent role as Olenna Tyrell in the Game of Thrones series, Dame Diana Rigg passed away.

Ayushmann Khurrana UNICEF (United Nations International Children Education Fund) appointed Ayushmann Khurrana as its

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celebrity advocate for promoting and supporting its work around ending violence against children.

Raghuvansh Prasad Singh Former Union minister Raghuvansh Prasad Singh passed away while undergoing treatment in New Delhi. Singh played a pioneering role in the implementation of the National Rural Employment Guarantee Scheme (NREGS) during the UPA government.

Shinzo Abe Japanese Prime Minister Shinzo Abe and his Cabinet resigned, clearing the way for his successor to take over after parliamentary confirmation later. Abe, Japan's longest-serving prime minister, announced last month that he was stepping down because of health problems.

Yoshihide Suga Yoshihide Suga has been sworn in as new Prime minister of Japan. Emperor of Japan Naruhito ceremonially endorsed Suga at the Imperial Palace in line with constitutional requirements.

Ruth Bader Ginsburg US Supreme Court Justice Ruth Bader Ginsburg who has been regarded as an iconic champion of women's rights and a history-making jurist, passed away at the age of 87.

John Turner Former Canadian Prime Minister John Turner, who was in office for just 79 days and led his Liberal Party to a huge defeat in 1984, has died aged 91. His 79-day tenure as prime minister is the second shortest in the country's history.

Bah Ndaw Former Mali defense minister and retired colonel Bah Ndaw has been named the president of the country's new transition government. He will be in power for 18 months before holding elections and returning Mali to civilian rule.

Khushi Chindaliya A 17-year-old girl Khushi Chindaliya from Surat has been appointed as Regional Ambassador for India by the United Nations Environment Programme - Tunza Eco-Generation.

Udit Singhal Udit Singhal, an 18-year-old youngster from India has been named by the United Nations to the 2020 cohort of young leaders for the Sustainable Development Goals.

Suresh Angadi Minister of State for Railways Suresh Angadi, who had tested positive for coronavirus, passed away at AIIMS, New Delhi. Angadi, a four-time MP from Belagavi in Karnataka and a first-time Union minister.

Alexander Lukashenko President Alexander Lukashenko of Belarus was sworn in to his sixth term in office at an inaugural ceremony that was not announced in advance amid weeks of huge protests of the authoritarian leader’s reelection, which the opposition says was rigged.

Mohamed Hussein Roble Mohamed Hussein Roble became Somalia's prime minister after getting unanimous approval from lawmakers.

Babu Sivan Tamil director Babu Sivan passed away. He began his career by assisting director Dharani, who helmed films like Ghilli and Kurvi with Vijay. Later, he made his directorial debut with Vettaikaaran in 2009

Sekhar Basu Veteran nuclear scientist and former chairman of Atomic Energy Commission Dr Sekhar Basu died of COVID-19. Dr Basu is revered for his contributions to the country's atomic energy programme. He was awarded Padma Shri in 2014.

S.P . Balasubramaniam Legendary singer S.P. Balasubramaniam has passed away. He has sung over 40,000 songs in as many as 16 languages including Telugu, Tamil, Malayalam, Kannada, and Hindi.

Jaswant Singh Former union minister Jaswant Singh, a close aide of former prime minister Atal Bihari Vajpayee, died. He was 82. Jaswant Singh, who was from Rajasthan, had served as India's foreign minister, defense minister and finance minister.

Isher Judge Ahluwalia Noted economist Dr Isher Judge Ahluwalia, a recipient of the third-highest civilian award Padma Bhushan, died. She was 74. Dr Isher Ahluwalia was married to Montek Singh Ahluwalia, the ex-deputy chairman of the Planning Commission.

Moctar Ouane Mali’s interim President Bah Ndaw has named former Malian Foreign Minister Moctar Ouane as prime minister. The appointment opens the way for the country’s neighbours to lift sanctions imposed after its August military coup.

Dean Jones Former Australia batsman Dean Jones has died of cardiac arrest in a Mumbai hotel. The 59 year old Dean Mervyn Jones was part of the 1987 World Cup winning team. He had played 52 Tests and 164 ODIs for Australia.

Emir Sheikh Sabah al-Ahmad Al-Sabah Kuwait’s Emir Sheikh Sabah al-Ahmad Al-Sabah, the architect of the nation’s modern foreign policy and mediator in some of the worst crises to grip the Gulf, died at the age of 91

Indian IM Leon Mendonca wins title at Skalicky chess festival Young Indian IM Leon Luke Mendonca has emerged victorious in the Skalicky chess festival in Slovakia, with 7.5 points from nine rounds in the tournament.

World Cup host Qatar set to play in Gold Cup next year in US World Cup host Qatar is set to play in the Gold Cup next year in the United States after accepting an invitation from soccer's governing body for North and Central America and the Caribbean.

Cred Joins IPL 2020 As Official Partner The Board of Control for Cricket in India had announced Bengaluru-based credit card bill payment startup Cred as an official partner of Indian Premier League (IPL) 2020.

Indian GM Iniyan wins World Open online chess tournament India’s GM P. Iniyan has won the 48th annual world open chess tournament (online). Iniyan scored 7.5 points from

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nine games. Iniyan and Sanan Sjugirov (Russia) were tied on points but the former won on better tie-break.

Tennis: Sumit Nagal exits US Open after losing to Dominic Thiem India's Sumit Nagal exited the US Open after suffering defeat at the hands of World Number three Dominic Thiem.

Sports Ministry extends contract of athletics foreign coaches with eye on 2024 Olympics The Sports Ministry has extended the contract of 9 foreign coaches and support personnel, including High Performance Director of athletics with an eye on the 2024 Olympics, Commonwealth Games and Asian Games 2022.

BCCI announces schedule for IPL 2020 to be held in UAE BCCI has announced the schedule for IPL 2020 to be held in UAE. The season will kickstart on 19th September in Abu Dhabi. Dubai will host 24 games, 20 matches will be played in Abu Dhabi while the remaining 12 matches are scheduled to be played in Sharjah.

Jos Buttler stars as hosts win by six wickets to clinch series England beat Australia by six wickets in the second T20I as opener Jos Buttler anchored the run chase with a dashing 77 not out to help the hosts win the three-match series. Victory saw England go an unbeatable 2-0 up in a three-match contest.

World No. 1 Novak Djokovic disqualified from US Open after striking line judge with ball World No. 1 Novak Djokovic was sensationally disqualified from the US Open after striking a line judge with a ball during his fourth-round match. This marked a stunning end to his 29-match winning streak and bid for an 18th Grand Slam title.

Yuvraj to come out of retirement Former India all-rounder Yuvraj Singh has decided to come out of retirement, giving in to a request from the Punjab Cricket Association more than a year after he called it quits from international cricket.

CPL 2020: Simmons, Bravo and Pollard hand Trinbago Knight Riders fourth title Skipper Kieron Pollard produced a magical spell while Lendl Simmons and Darren Bravo engaged themselves in a six-hitting spree as they took Trinbago Knight Riders to a deserving Caribbean Premier League title with an effortless eight-wicket victory over St. Lucia Zouks in the 2020 final.

ICC Rankings: Dawid Malan displaces Babar Azam from top spot in T20Is England batsman Dawid Malan has replaced Pakistan’s Babar Azam at the top of the ICC player rankings for T20I batsmen after a fruitful home series against Australia.

Four-time F1 champ Sebastian Vettel headed to Racing Point next season Formula One champion Sebastian Vettel will drive for Racing Point starting next season. The team, which will be renamed Aston Martin, announced the move, a day after driver Sergio Perez said he was on his way out.

US Open: Domnic Theim beats Alexander Zverev to win men's singles title Dominic Thiem produced a historic comeback to beat Alexander Zverev in a nervy five-setter 2-6, 4-6, 6-4, 6-3, 7-6 and win the US Open.

Naomi Osaka rallies to beat Victoria Azarenka for US Open title Naomi Osaka ended Victoria Azarenka's dream run to claim her second U.S. Open title in three years with a 1-6 6-3 6-3 comeback win.

S Sreesanth's Seven-year Ban Ends S Sreesanth's ban for alleged spot-fixing came to an end, concluding a seven-year punishment that was originally meant to be for life and was aggressively contested by the flamboyant bowler.

Thomas and Uber Cups postponed The Badminton World Federation (BWF) has decided to postpone the Thomas Cup and Uber Cup, scheduled at Aarhus (Denmark) from October 3 to 11, until next year

Sports Ministry to upgrade eight Khelo India State Centres of Excellence to groom future Olympic champions Sports Ministry is set to upgrade eight Khelo India State Centres of Excellence (KISCE) at an estimated cost of ₹95.19 crore with an aim to identify and groom future Olympic champions. Eight states that have been approved for setting up of KISCEs in the first leg are Odisha, Mizoram, Telangana, Manipur, Nagaland, Arunachal Pradesh, Karnataka and Kerala.

Australia takes series with incredible win Glenn Maxwell and Alex Carey hit brilliant hundreds as Australia sealed a dramatic series win over England in the third ODI at Old Trafford.

Harikrishna finishes seventh; Carlsen and So emerge joint winners Indian Grandmaster P Harikrishna’s below-par performance in Blitz-2, in which he managed only three points from nine rounds, saw finish joint seventh in the Saint Louis Rapid and Blitz online chess tournament. World No. 1 Magnus Carlsen and American Wesley So finished joint winners.

Italian Open: Simona Halep lifts Women's Singles title In Italian open tennis, top-seeded Simona Halep of Romania lifted the title as Czech player Karolina Pliskova retired halfway following injury in the finals.

Djokovic wins in Rome to claim record 36th Masters title Novak Djokovic won a record-breaking 36th Masters title after beating Diego Schwartzman in straight sets in the Rome Masters final.

DeChambeau wins maiden Major Bryson DeChambeau captured his first Major golf title, firing a three-under 67 to win the 120th US Open. DeChambeau became the first player since 1955 to win with the only sub-par score in the final round.

Lewandowski, Neuer and de Bruyne nominated for UEFA player prize Bayern Munich duo Robert Lewandowski and Manuel Neuer have been nominated alongside Manchester City’s Kevin De Bruyne for the UEFA Men’s Player of the Year prize for last season, European football’s governing body announced.

SAI to resume sporting activities of Tokyo Olympics bound Para-athletes & athletes in NCOEs The Sports Authority of India (SAI) has decided to resume sporting activities of Tokyo Olympics bound Para-athletes and athletes in SAI’s National Centre of Excellence (NCOEs) across the country, in a phased manner.

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MISCELLANEOUS

Valtteri Bottas Wins Russian GP Valtteri Bottas won the Russian Grand Prix after his Mercedes teammate Lewis Hamilton’s race was ruined by penalties.

First ever direct flight between Israel and UAE lands in Abu Dhabi The first commercial direct flight between Israel and the UAE landed in Abu Dhabi after the two countries announced normalisation of relations. The flight was allowed to cross Saudi Arabian airspace, normally blocked to Israeli air traffic. India, Russia to hold naval drills in Andaman Sea India and Russia are scheduled to hold the bilateral naval exercise, Indra 2020, in the Andaman Sea, close to the strategic Strait of Malacca later this week. partners with Bangladesh for flood forecasting Google has partnered with Bangladesh Water Development Board to bring the flood warning services to the country. India ranks 48th in global innovation index According to the Global Innovation Index (GII) list, 2020, India has moved up four places to the 48th rank. Switzerland, Sweden, the US, the UK and the Netherlands lead the innovation ranking, and the top 10 positions are dominated by high-income countries. Times World University Rankings 2021 released, Oxford University tops- no Indian University in top 300 list Times World University Rankings 2021 was released in which the University of Oxford topped the list in the overall category. No Indian University found a place in the top 300 list this time. Indian Institute of Science, or IISc, Bengaluru was placed in 301-350 overall category in the global rankings. Bangladesh HC orders Hindu widows entitled to share in all properties of deceased husband In a landmark judgement the High Court of Bangladesh has ordered that Hindu widows are entitled to share in all properties of their deceased husband. Earlier, the law entitled the Hindu widows only to the homestead property of their husband. UNEP Launches New Book “The Little Book of Green Nudges” A new publication "The Little Book of Green Nudges" has been launched by the United Nations Environment Programme. The newly launched publication seeks to encourage around 200 million students around the world to adopt environmentally friendly habits and greener lifestyles. Bangladesh to host FAO Asia Pacific Regional Conference in 2022 Bangladesh will host the 36th Regional Conference for Asia and the Pacific (APRC) of the United Nations’ Food and Agriculture Organization (FAO), for the first time since joining the organization in 1973. The conference is scheduled to be held in 2022. The 35th conference was organized by Bhutan through video conferencing.

SpaceX launches 60 satellites under 12th Starlink mission, claims 100Mbps download speeds Space X launched its 12th Starlink mission successfully. The mission added 60 more satellites into Earth’s lower orbit. During the launch, SpaceX claimed that with the help of these satellites they have been able to record a downloading speed of more than 100Mbps.

China launches and recovers reusable spacecraft China has launched and recovered a reusable spacecraft, an important step in the country's space program.

More than 26 thousand participants from 149 countries to join virtual World Solar Technology Summit More than 26 thousand participants from 149 countries have registered to join the virtual Summit World Solar Technology Summit (WSTS) which will be organized by the International Solar Alliance (ISA).

Typhoon Haishen wreaks havoc in South Korea A powerful typhoon named “Haishen” damaged buildings, flooded roads and knocked out power to thousands of homes in South Korea after battering islands in southern Japan and injuring dozens of people.

First India-France-Australia Trilateral Dialogue held virtually The first India-France-Australia Trilateral Dialogue was held virtually. From the Indian side the meeting was co-chaired by Foreign Secretary Harsh Vardhan Shringla. The focus of the dialogue was on enhancing cooperation in the Indo-Pacific region.

Over 380 whales dead in mass stranding At least 380 whales have died in a mass stranding in southern Australia, as hopes faded of saving more than a few dozen of those creatures still trapped.

Unicef report says Child Mortality Rate in India has declined substantially According to the new mortality estimates released by UNICEF, the World Health Organization (WHO), the Population Division of the United Nations Department of Economic and Social Affairs and the World Bank Group, the under-five mortality rate (deaths per 1,000 live births) in India declined to 34 in 2019 from 126 in 1990.

US Spacecraft Named After Late Indian-American Astronaut Kalpana Chawla An American commercial cargo spacecraft Cygnus capsule bound for the International Space Station has been named after fallen NASA astronaut Kalpana Chawla, the first India-born woman to enter space, for her key contributions to human spaceflight.

India to host CHG meeting of SCO on 29-30 November in New Delhi India is scheduled to host the meeting of Council of Heads of Government (CHG) of Shanghai Cooperation Organisation, SCO on 29-30 November 2020 in New Delhi.

U.K. hands over 3 Indian antiquities India is all set to get back fifteenth-century idols of Lord Rama, Sita and Lakshmana from the UK. The idols were stolen from a temple, built-in Vijayanagara period, in Tamil Nadu in 1978.

India joins Djibouti Code of Conduct/ Jeddah Amendment as Observer India has joined the Djibouti Code of Conduct/ Jeddah Amendment, DCOC/JA, as Observer. The move came

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following the high level meeting of the Djibouti Code of Conduct/ Jeddah Amendment held virtually on 26th of August.

Obama book coming out in November The first volume of former President Barack Obama's memoir is coming out Nov. 17, two weeks after Election Day. It's called "A Promised Land" and will cover his swift and historic rise to the White House and his first term in office.

India ranks 116 in World Bank's Human Capital Index India has been ranked at the 116th position in the latest edition of the World Bank's annual Human Capital Index that benchmarks key components of human capital across countries.

US bans Chinese apps Tik Tok and WeChat citing threat to national security The United States has banned download of Chinese app TikTok and use of messaging and payment platform WeChat, saying they threaten national security.

Singapore tops global Smart City Index for second year Singapore has topped the Institute for Management Development (IMD) Smart City Index for the second consecutive year, followed by the Finnish capital Helsinki and Swiss city of Zurich.

India extends 250 million dollars support to Maldives to overcome economic impact of Covid-19 India has provided financial assistance of 250 million dollars as budgetary support to the Maldives government to mitigate the economic impact of the COVID-19 pandemic.

UN, Britain to co-host a global climate summit on Dec 12 United Nations and Britain will co-host a global climate summit on December 12, the fifth anniversary of the landmark Paris Agreement.

China vows to go carbon neutral by 2060 The leader of the world's biggest polluter of greenhouse gases Chinese President Xi Jinping has pledged to go carbon neutral by 2060.

ICJ says FCRA Bill incompatible with international law The International Commission of Jurists (ICJ)observed that the Foreign Contribution (Regulation) Amendment Bill, 2020 passed by Indian Parliament was incompatible with international law and would hamper the work of civil society.

Fourth Edition of India-Japan Maritime Bilateral exercise commences in Arabian Sea The fourth edition of India-Japan Maritime bilateral exercise (JIMEX) begins in North Arabian Sea. The exercise is conducted biennially between the Indian Navy and Japanese Maritime Self-Defense Force (JMSDF).

Five Indians in TIME's 100 most influential people of 2020 TIME magazine’s list of 100 most influential people for 2020 includes five Indians. PM Modi has been kept under the ‘Leaders’ along with Donald Trump, others. Ayushmann Khurana was the only actor from India who made it to the list. Bilkis was among the leading figures

who led peaceful protests in Delhi’s Shaheen Bagh. Sundar Pichai is among the five Indians who featured in this years’ TIME Magazine. Ravindra Gupta, a professor of clinical microbiology at Cambridge University has also been featured by the TIME Magazine under the 'Pioneers' category.

India ranked 89th in World Risk Report 2020 According to the World Risk Index 2020, India has been ranked at the 89th spot among 181 Countries. Vanuatu (South Pacific Ocean) is the country with the highest disaster risk worldwide.

International Day of Charity: 5th September United Nations celebrates the International Day of Charity globally on 05th September every year. United Nations designated 05th September as the International Day of Charity to commemorate the anniversary of the passing away of Mother Teresa of Calcutta

International Literacy Day being celebrated across globe on September 8 International Literacy Day is observed every year globally on September 8. This year, International Literacy Day 2020 focuses on “Literacy teaching and learning in the COVID-19 crisis and beyond,”

International Day for South-South Cooperation: 12 September International Day for South-South Cooperation is observed globally on 12th September every year.

World First Aid Day 2020: 12 September The World First Aid Day is observed on the second Saturday of September every year to create awareness about the importance of first aid in preventing injuries and saving lives. The World First Aid Day 2020 is being observed on 12 September.

19 September: 2020 International Coastal Clean-up Day Celebrated Every year the third Saturday of September is marked as the International Coastal Cleanup Day. This year September 19 was celebrated as the International Coastal Cleanup Day.

International Day for the Total Elimination of Nuclear Weapons: 26th September The United Nations observes 26 September every year as the International Day for the Total Elimination of Nuclear Weapons.

World Environmental Health Day: 26th September World Environmental Health Day is observed globally on 26th September every year.

The Theme for the 2020 World Environmental Health Day: Environmental health, a key public health intervention in disease pandemic prevention.

World Tourism Day: September 27 The United Nations World Tourism Day is celebrated on September 27. The day aims at creating awareness on social, political, cultural and economic values among international community.

World Heart Day observed on September 29 World Heart Day is observed on 29th day of September every year, aimed at drawing people’s attention to heart ailments and the whole range of associated health issues.