Current Affairs Today 24th September 2019-Download in PDF

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Current Affairs Today – 24th September 2019

BANKING CURRENT AFFAIRS

ICICI to open 450 branches by next financial year

• Private sector lender ICICI Bank is planning to open 450 branches in the forthcoming financial year.
• Among the planned 450 branches, 320 branches have already been added.
• After the installation of the 320 operational branches for customers, the bank has crossed the milestone of having 5,000 branches.
• The branch that was opened at Thane in Maharashtra is the 5000th (milestone) branch of ICICI.

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ICICI Bank Limited:

• Founded on: 5 January 1994
• Headquarters: Mumbai, India
• Chairman: Girish Chandra Chaturvedi
• MD & CEO: Sandeep Bakhshi

RBI barred PMC Bank from doing business for six months

• The Reserve Bank of India (RBI) barred the Punjab & Maharashtra Cooperative Bank Ltd (PMC Bank), Mumbai to carry out the majority of its routine business for 6 months.
• RBI has barred the PMC Bank from carrying out its functions including granting, renewing and loans and advances, make any investments, accept fresh deposits, transactions for a period of six months.
• The RBI has also restricted the PMC Bank’s depositors to withdraw more than Rs.1,000 from their savings/current/other deposit accounts.

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RBI: The Reserve Bank of India is India’s central banking institution, which controls the issuance and supply of the Indian rupee.

• Founded: 1 April 1935, Kolkata
• Headquarters: Mumbai
• Governor: Shaktikanta Das
• Deputy Governors: B P Kanungo, M K Jain, N S Vishwanathan

FINANCE AND ECONOMY

Wipro ties up with FEBRABAN to develop online business platform

• Wipro, the Bengaluru-based software services provider has tied up with Febraban, an industry body representing the Brazil’s financial services industry.
• Wipro will develop an online platform “Noomis” for the financial services industry in Brazil.
• Noomis will serve as a meeting point and a discussion platform for the finance professionals in Brazil who will participate in CIAB, an information technology trade show for financial services organized by FEBRABAN.
• Noomis will provide reliable, analytical, and unbiased information via news reports, videos, and newsletters that will enable participants to stay up to date on financial market trends.

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Wipro: WIPRO Limited is an Indian multinational corporation that provides information technology, consulting and business process services.

• CEO: Abidali Neemuchwala (1 Feb 2016–)
• Founder: M.H. Hasham Premji
• Owner: Azim Premji

SEBI penalises Aurobindo Pharma and promoters for insider trading

• Securities and Exchange Board of India has imposed a penalty of over Rs 22 crore on Aurobindo Pharma and its promoters.
• They have been penalised for violating insider trading norms.
• The regulator had conducted an investigation into the trading in the scrip of Aurobindo Pharma Ltd.
• SEBI found that these entities purchased shares while in possession of the UPSI pertaining to Aurobindo, and made unlawful gains from having purchased its shares at a lower price before the publication of the unpublished price sensitive information (UPSI).

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SEBI: The Securities and Exchange Board of India is the regulator for the securities market in India. It was established in 1988 and given statutory powers on 12 April 1992 through the SEBI Act, 1992.

• Founded: 12 April 1992
• Headquarters: Mumbai
• Chairperson: Ajay Tyagi

NATIONAL CURRENT AFFAIRS

PM launched CDRI at UNSG Climate Action Summit

• Indian Prime Minister Narendra Modi launched the Coalition for Disaster Resilient Infrastructure (CDRI) at the United Nations Secretary-General (UNSG) Climate Action Summit which is being held in New York.
• The summit is hosted by UNSG Mr. António Guterres.
• The summit aims to ramp up climate actions worldwide.
• PM Modi presented the country’s practical approach and roadmap to mitigate climate change in the summit. PM invited the UN Member states to join CDRI.
• The proposal to set up CDRI was initially approved by the Prime Minister on 13 August 2019.
• It aims to bring together the largest number of state heads to generate commitments to combat the effects of climate change and resulting disasters.
• India has announced Rs.480 crore to the CDRI for the next 5 years.
• It will help fund technical assistance and research projects, setting up of offices and covering recurring expenditures under the initiative.

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United Nations: It is an International Organization. Its Objective of UN is to not only maintain International Peace and Security but also to develop Friendly relations among nations.

• Founded – 24th October, 1945
• Headquarter- New York,United States
• Secretary General- Antonio Guterres (9th SG OF UN)
• He is from PORTUGAL
• Portugal (Capital/Currency) – Lisbon/ Euro
• United States (Capital/Currency) – Washington, D.C/ US Dollar

Centre launched UMMID to tackle inherited genetic diseases

• Centre has launched the Unique Methods of Management and treatment of Inherited Disorders (UMMID) initiative.
• It was launched by the Union Minister for Science & Technology, Earth Sciences and Health & Family Welfare, Dr. Harsh Vardhan.
• He also inaugurated the National Inherited Diseases Administration (NIDAN) Kendras.
• It is supported by Department of Biotechnology (DBT) under the Ministry of Science and Technology.
• UMMID aims to tackle inherited genetic diseases of newborn babies.
• The initiative will ensure proper treatment to children and create awareness amongst the masses.
• UMMID initiative aims to work towards achieving wellness by promoting the prevention of genetic diseases under the National Health Policy, 2017 of the government.

India to increase the renewable energy target to 450GW

• PM Narendra Modi announced that India is to increase the renewable energy target to 450 GW.
• He made the announcement at the United Nations Climate Action Summit.
• PM has also presented a practical approach and a road map to achieve the target.
• He also reiterated India’s commitment to the creation of 175 GW renewable energy capacity by 2022 under the Paris Climate Agreement.

India’s strategies to achieve the target:

1. India is to spend approximately $50 billion on the Jal Jeevan Mission to conserve water, harvest rainwater and develop water resources.
2. India has planned to considerably increase the proportion of the biofuel blend in petrol and diesel.
3. India has plans to make the transport sector green through the use of electrical vehicles.
4. The country has banned single-use plastics
5. The International Solar Alliance (ISA), an Indian-led initiative, under which India had provided 160 million families with cooking gas connections.

Centre proposed a digital census for 2021 Census

• Centre has proposed a digital census, a mobile app used to collect data to determine the population of the country in the next census of India in 2021.
• The proposal was announced by Union Home Minister Amit Shah.
• He also proposed the idea of a multipurpose ID card for every citizen which includes passport, Aaadhar, and the voter card.
• The digital technology for the upcoming Census will use Aadhaar number for the compilation of National Population Register (NPR).
• Unique Identification Authority of India (UIDAI) has approved the voluntary use of Aadhaar number.
• By including Aadhaar details, the NPR database would contain demographic as well as biometric particulars.
• Census 2021 will be conducted in major Indian languages and on the mobile app.
• The government is to spend Rs.12,000 crore for the decadal exercise and development of NPR.

STATE CURRENT AFFAIRS

Pink tickets for women for free travel in DTC and cluster

• Pink tickets will be issued to women passengers under the Delhi government’s scheme for free travel in DTC and cluster buses which was approved by the Delhi Transport Corporation (DTC) board.
• The scheme has been approved till March 2020 and it will be rolled out on Bhai Dooj on October 29.
• Women travelling in DTC and cluster buses will be given pink tickets having a face value of Rs 10 each.
• The government will then reimburse the transporter based on the number of such tickets issued.

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Delhi:

• Chief Minister: Arvind Kejriwal
• Lt Governor: Anil Baijal

Online Pollution Certificate Mandatory In Odisha From October 1

• An online pollution certificate will be mandatory in Odisha from October 1,
• The manual Pollution Under Control Certificate (PUC) issued before September 30 will remain valid.
• The fee for Pollution Under Control Certificate (PUC) for two and three-wheelers is Rs. 60, for light motor vehicle (LMV) is Rs. 100 and for medium and heavy motor vehicle is Rs. 150 (GST extra)
• The Pollution Testing Centres will stop issuing manual certificates from October 1.
• Odisha Government made the online pollution certificate mandatory from October 1.

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Odisha:

• Capital: Bhubaneswar
• Chief Minister: Naveen Patnaik
• Governor: Ganeshi Lal
• National Park: Bhitarkanika NP, Simlipal NP

INTERNATIONAL CURRENT AFFAIRS

Russia announced that it is to implement 2015 Paris Agreement

• Russia announced that it is to implement the 2015 Paris Agreement to fight climate change.
• The announcement comes after the approval of a government resolution by the Russian Prime Minister Dmitry Medvedev that signifies Moscow’s final acceptance of the deal.

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Russia (Capital/Currency): Moscow/Ruble

• Prime Minister: Dmitry Medvedev
• President: Vladimir Putin

Odisha CyCa OncoSolutions awarded at startup meet in China

• CyCa OncoSolutions, founded by Dr Nusrat Sanghamitra, won the third prize at the She Loves Tech Global Startup Competition 2019 held in Beijing.
• The startup has developed a path-breaking cancer drug delivery device.
• CyCa OncoSolutions hailed as a breakthrough in cancer treatment. It started operations from KIIT-TBI Bhubaneswar, and recently moved to NCL Innovation Park, Pune.

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Odisha:

• Capital: Bhubaneswar
• Chief Minister: Naveen Patnaik
• Governor: Ganeshi Lal
• National Park: Bhitarkanika NP, Simlipal NP

SUMMITS AND CONFERENCES

Ministry of Power conducted a National Conclave in MSME sector

• Ministry of Power conducted the National Conclave on Enhancing Energy Efficiency in MSME sector in Delhi on 23 September.
• The conclave was jointly inaugurated by Shri Nitin Gadkari, Union Minister for Micro Small and Medium Enterprises (MSME) and Shri RK Singh, Union Minister of State for Power and New & Renewable Energy.
• The two-day national Conclave is organized by Bureau of Energy Efficiency (BEE).
• The aim of the conclave is to create a platform for pooling the knowledge and synergizing the efforts of various stakeholders.

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• Union Minister for Micro Small and Medium Enterprises (MSME): Shri Nitin Gadkari
• Union Minister of State for Power and New & Renewable Energy: Shri RK Singh

AGREEMENTS AND MOU SIGNED

Paisalo Digital and Bank of Maharashtra sign agreement to co-origination of loan

• Paisalo Digital has signed its co-origination loan agreement with the Bank of Maharashtra.
• This is Company’s second Co-origination Agreement with any Bank, before Bank of Maharashtra; the company has already signed a co-origination loan agreement with State Bank of India.

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Paisalo Digital : Formerly known as S.E Investments Limited, Paisalo Digital Limited’s singular aim is to provide financial solutions like term loans and working capital to entrepreneurs and making their dreams a reality.

• Headquarters: India
• Founded: 1992
• Managing director: Mr. Sunil Agarwal
• Executive director: Mr. Harish Singh

Bank of Maharashtra is a major public sector bank in India. Government of India holds 87.74% of the total shares.

• Headquarters: Pune
• CEO: A. S. Rajeev
• Tagline: One Family One Bank

APPOINTMENT

ECI appointed 2 Special Expenditure Observers for Maharashtra election

• Election Commission of India (ECI) has appointed 2 ex-Indian Revenue Service officers (IRS) as Special Expenditure Observers for the upcoming Maharashtra State Legislative Assembly election.
• The observers are Ms.Madhu Mahajan and Shri B Murali Kumar.
• The Special Observers will supervise and monitor all the works that are carried by the electoral machinery.
• The observers will also ensure that necessary and effective enforcement actions are taken based on intelligence inputs and complaints received.

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Maharashtra:

• Capital: Mumbai
• Chief Minister: Devendra Fadnavis
• Governor: Bhagat Singh Koshyari
• National Parks: Chandoli National Park, Nawegaon National Park, Gugamal National Park, Pench National Park, Sanjay Gandhi (Borivilli) National Park, Tadoba National Park
• Wildlife Sanctuaries: Amba Barwa WLS, Bor WLS, Great Indian Bustard WLS,
• Lonar WLS, Melghat WLS, Gangewadi New Great Indian Bustard WLS, etc.

ECI: The Election Commission of India is an autonomous constitutional authority responsible for administering election processes in India.

• Formed: 25 January 1950
• Headquarters: New Delhi
• First executive: Sukumar Sen
• Preceding executive: Om Prakash Rawat

SPORTS CURRENT AFFAIRS

Nelly Korda wins LET title at Ladies French Open

• Nelly Korda has won the Ladies European Tour Title at Lacoste Ladies French Open.
• She shot a four-under 67 to win her first Ladies European Tour title.
• India’s Aditi Ashok was the best Indian at the Lacoste Ladies Open de France as she shot even par 71 in the final round to finish at 26th.

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France (Capital/Currency): Paris/Euro

• President: Emmanuel Macron
• Prime Minister: Edouard Philippe

Divij Sharan bags St. Petersburg Open doubles title

• Indian tennis player Divij Sharan clinched the men’s doubles title in ATP Tour tennis tournament in St. Petersburg, Russia.
• Divij Sharan Open with partner Igor Zelenay, defeating Matteo Berrettini and Simone Bolelli 6-3, 3-6, 10-8.

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Russia (Capital/Currency): Moscow/Ruble

• Prime Minister: Dmitry Medvedev
• President: Vladimir Putin

DEFENCE CURRENT AFFAIRS

Exercise Tiger Triumph between India and the US scheduled for November

• India and the United States are to hold their first tri-services exercise named Tiger Triumph at Visakhapatnam and Kakinada in November 2019.
• The Exercise Tiger Triumph is being organized under the aegis of the headquarters of the Integrated Defence Staff.
• This will be the first such tri-service military exercise that is being held by the US and India.
• The second such tri-service exercise is expected to be conducted by India with Russia.

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USA (Capital/Currency): Washington, D.C./ United States Dollar

• President: Donald Trump

BOOKS & AUTHORS

From Leeches to Slug Glue 25 Explosive Ideas that Made and Are Making Modern Medicine to be released on 28 Sept

• Indian journalist and children’s author Roopa Pai’s book titled From Leeches to Slug Glue: 25 Explosive Ideas that Made (and Are Making) Modern Medicine will be released on 28 September.
• The book is published by publisher Puffin Books.
• The book will trace the origins of path-breaking experiments and discoveries in the evolution of science and medicine spanning over 2,500 years and several geographies.

AWARDS

Best Fifa Football Awards 2019

• The “Best Fifa Football Awards 2019” felicitated in Milan.

The complete list of awards is as follows:

NO.	CATEGORY	WINNER
1	Best Men’s Player Award	Lionel Messi
2	Best Women’s Player Award	Megan Rapinoe
3	Men’s Coach of the Year	Jurgen Klopp
4	Women’s Coach of the Year	Jill Ellis
5	Best Men’s Goalkeeper	Alisson
6	Best Women’s Goalkeeper	Sari van Veenendaal
7	Fair Play Award	Marcelo Bielsa and the Leeds United squad
8	Puskas Award for the Best Goal	Daniel Zsori
9	FIFA Fan Award	Silvia Grecco

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FIFA Ranking:

• India (104^th)
• 1^st :Belgium
• 2^nd : France
• 3^rd : Brazil

Ravish Kumar receives Gauri Lankesh National Award for Journalism

• Senior journalist and Ramon Magsaysay awardee, Ravish Kumar has received the 1st Gauri Lankesh National Award for Journalism.
• The award was conferred by the Gauri Lankesh Memorial Trust.
• The award was presented to him by freedom fighter H.S. Doreswamy.

OBITUARIES

Ex-PTI correspondent B R Vats, who covered 1st LS polls, passes away

• Bhagat Ram Vats a former PTI senior correspondent passed away.
• He started his career with The Statesman, New Delhi, and later joined the Press Trust of India.

Former Indian Cricketer Madhav Apte passes away

• Former Indian cricketer Madhav Apte passed away.
• He has played 67 first-class matches, scored 3336 runs, with six centuries and 16 half-centuries.
• He made his Test debut against Pakistan at the Cricket Club of India (CCI) in Mumbai on November 1952 and played his last test against West Indies at Kingston in April 1953.

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