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CURRENT AFFAIRS DETAILS

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1 Deals worth ?4.5 lakh cr signed at 'Rising Rajasthan' roadshow meeting

Rajasthan chief minister Bhajan Lal Sharma said his government signed preliminary investment deals worth ₹4.5 lakh crore during a roadshow meeting with investors and industrialists in Mumbai on Friday. It was the first roadshow for the 'Rising Rajasthan' Global Investors Summit 2024 to be held in Jaipur in December. In an interview to ET's Krishna Kumar, Sharma said his government is taking unique and offbeat steps to boost investments and create jobs in Rajasthan, unlike the previous Congress government that he claimed focused on freebies.

02-Sep-2024 News in Details
2 NTPC commissions 160 MW solar capacity in Jaisalmer

State-owned NTPC on Thursday said it has commissioned its 160 MW capacity of the 320 MW Bhainsara solar project in Jaisalmer, Rajasthan. With this, the total installed and commercial capacity of the NTPC group will go up to 76,294 MW, the company said in a regulatory filing.

The company said that consequent upon successful commissioning, NTPC REL, a stepdown subsidiary of NTPC Ltd through its wholly owned subsidiary NTPC Green Energy Ltd, has commenced commercial operations with effect from August 28.

NTPC share price settled at ₹411.10 apiece on the NSE, up half a percent. So far this year, the stock has gained 33%.

31-Aug-2024 News in Details
3 IIS signs MoU with UWW to boost development of wrestling in India

The Inspire Institute of Sport (IIS) has signed a Memorandum of Understanding (MoU) with the United World Wrestling (UWW), the global governing body for wrestling, to develop the sport in India.

The MoU was formalised at UWW’s hospitality venue, the Wrestling House, located on a boat near the Eiffel Tower in Paris. The agreement aims to establish a collaborative framework for developing wrestling in India through various mutually beneficial programs, initiatives, projects, and activities.

“We are thrilled to have signed an MoU with United World Wrestling that’s aimed at furthering the progress India has made in the sport. Historically, India has produced some of the best wrestlers worldwide, and the support from UWW will take our programs to the next level,” IIS Founder Parth Jindal said in a release.

31-Aug-2024 News in Details
4 UP's new social media policy: Big offers for Insta, YouTube influencers, jail for 'objectionable' posts

The Uttar Pradesh governement has given nod to a new social media policy with 'big offers' for influencers and stringent punishments for those making 'objectionable' content.

Yogi Adityanath's cabinet approved the Uttar Pradesh Digital Media Policy, 2024, prepared by the state's information department, on Tuesday.

According to media reports citing a state information department's statement, the government has decided to list agencies/firms to give advertisement in order to promote them for making and displaying content/tweet/video/post/reels about schemes and achievements of the UP government on online platforms such as X, Facebook, Instagram and YouTube.

The new policy also makes provisions for life imprionment to people making anti-national, obscene or objectionable content.

31-Aug-2024 News in Details
5 Dr T V Somanathan Takes Over as Cabinet Secretary

Senior IAS officer Dr T.V. Somanathan today took over as the new Cabinet Secretary following the superannuation of Rajiv Gauba. Dr. Somanathan, a 1987-batch IAS officer of the Tamil Nadu cadre, has held important assignments at the Centre, including Joint Secretary and Additional Secretary in the Prime Minister’s Office. He also served as Joint Secretary in the Ministry of Corporate Affairs and was deputed as Director of Corporate Affairs at the World Bank in Washington, D.C. Before he was appointed Cabinet Secretary, he held the position of Finance Secretary and Secretary of the Department of Expenditure.

31-Aug-2024 News in Details
6 Paralympics 2024: Avani Lekhara wins gold medal in 10m Air Rifle shooting

Shooters Avani Lekhara and Mona Aggarwal opened India's account at the 2024 Paris Paralympics by securing gold and bronze medals, respectively, in the women's 10m air rifle standing SH1 event. Avani, who won the gold medal in the same event at the 2020 Tokyo Paralympics, successfully defended her title, setting a Paralympic Games record with 249.7 points in the final standings.

India's para-shooter Mona Aggarwal, who secured the bronze medal, finished with 228.7 points in the final standings.

Avani, who became the first Indian woman para-shooter to win gold in the 2020 Tokyo Paralympics, is now also the only Indian woman to win two gold medals at the 2024 Paris Paralympics. Avani met with an accident when she was just 11 years old and became wheelchair-bound. She broke her own Paralympics Games record of 249.6 points in Tokyo by scoring 249.7 in Paris.

31-Aug-2024 News in Details
7 NALCO receives Biju Patnaik Sports Award

National Aluminium Company Limited (NALCO) has been conferred with the prestigious Biju Patnaik Sports Award for the year 2023 for best contribution to the promotion of sports and games.

On behalf of the company, Shri Sridhar Patra, CMD, NALCO, received the prestigious award from Shri Mohan Charan Majhi, Hon’ble Chief Minister of Odisha, at a special function held on Thursday on the occasion of National Sports Day, at the Convention Centre, Lok Seva Bhawan, Bhubaneswar.

A Navratna CPSE under Ministry of Mines, Government of India, NALCO has been a strong advocate for sports, supporting sportspersons, events and infrastructure development.

Upon receiving the award, NALCO CMD Shri Sridhar Patra expressed his gratitude and said, “We are honoured and inspired to continue supporting and fostering sports and related activities in the State and Nation. Receiving the Biju Patnaik Sports Award will further boost our dedication to support the sporting community”.

31-Aug-2024 News in Details
8 Moody’s raises India’s growth forecast to 7.2% for 2024

Moody’s Ratings raised India’s growth forecast for 2024 to 7.2 percent from 6.8 percent projected earlier, predicting a higher pick up for private consumption.

"These forecast changes assume strong broad-based growth and we recognise potentially higher forecasts if the cyclical momentum, especially for private consumption, gains more traction," the rating agency said.

It also cited strong performances on industrial and service sector, indicated by Purchasing Managers' Index, as sign of higher momentum.

"Household consumption is poised to grow as headline inflation eases toward the RBI’s target. Indeed, signs of a revival in rural demand are already emerging, on the back of improving prospects for agricultural output amid above-normal rainfall during the monsoon season," Moody's Ratings further noted.

31-Aug-2024 News in Details
9 Nepal Tourism Board Receives PATA Gold Award for Sustainable Tourism

Nepal Tourism Board has received the Pacific Asia Travel Association (PATA) Gold Award in Sustainable Tourism for Livelihood Recovery Project (STLRP). This is the third time NTB has received a PATA award in community-based tourism. The award recognizes the project’s efforts in creating employment opportunities and enhancing sustainable tourism development in all seven provinces of Nepal.

NTB’s STLRP previously won the PATA Gold Award in 2022 and 2023. In 2022, it was recognized for Tourism Destination Resilience, and in 2023, for its initiatives in women’s empowerment through tourism, sustainability, and social responsibility. This Community-based tourism project has generated short-term employment for around 10,000 tourism workers and provided capacity-building training for 4,000 individuals since the Covid-19 pandemic.

Meanwhile, Kerala Tourism of India has won the PATA Gold Award 2024 in the Digital Marketing category. Kerala’s Department of Tourism online contest of Holiday Heist was a winning entry in this category.

31-Aug-2024 News in Details
10 PM Modi to flag off 3 new Vande Bharat Express trains

Prime Minister Narendra Modi will flag off three new Vande Bharat Express trains on Saturday, including two in the Southern Railway zone. The new trains will operate between Chennai Egmore and Nagercoil in Tamil Nadu, Madurai and Bengaluru Cantonment, and Meerut and Lucknow in Uttar Pradesh.

The ceremonial events will take place at Dr MGR Chennai Central railway station and Madurai Junction in the Southern Railway zone. The two new services are scheduled to begin operations on September 2.

The Chennai Egmore-Nagercoil Vande Bharat Express (20627/20628) train will run six days a week, excluding Wednesdays. The stoppages for the train are at Chennai Egmore, Tambaram, Villupuram, Tiruchchirappalli, Dindigul, Madurai, Kovilpatti, Tirunelveli, and Nagercoil Junction.

31-Aug-2024 News in Details