Top Current Affairs of the day: 06 September 2019

Last Updated: September 6, 2019

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  • India to offer USD 1 billion for the development of Vladivostok

    September 6, 2019
    Prime Minister Narendra Modi has announced a $1 billion line of credit for the development of Vladivostok, the resource-rich Far East region of Russia. He made the announcement at the 5th Eastern Economic Forum at Vladivostok during his visit to Russia.
    PM Modi unveiled the Act Far East policy in the presence of Russian President Putin at Vladivostok. The policy aims to boost India’s engagement with Russia’s Far East region. India has actively engaged East Asia as part of its... Read More

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    Author Kiran Nagarkar passed away on 5 September

    September 6, 2019
    The Novelist Kiran Nagarkar passed away in hospital at the age of 77. He suffered from a massive brain hemorrhage. He was one of India’s greatest writers. Nagarkar: Nagarkar was born in Mumbai in 1942. He worked in journalism, advertising and education. He published his novel Saat Sakkam Trechalis in Marathi in 1974 at the age of thirty-two. He worked as a screenplay, journalist, a book author, and within the advertising trade. Awards: Nagarkar was distinguished with the HN Apte... Read More
    Category: Obituary

    Five institutes are awarded IoE

    September 6, 2019
    The Ministry of Human Resource Development (MHRD) on the guidance of the University Grants Commission (UGC) and master board of trusty has awarded the Institutions of Eminence (IoE) title 5 institutes. The 5 institutes are IIT-Madras, Banaras Hindu University, IIT-Kharagpur, University of Delhi and the University of Hyderabad. Aim: The award aims to indicates the commitment of the institution towards Institutions of Eminence. The awarded Universities will be required to sign a Memorandum of... Read More
    Category: Indian Affairs

    Chandrayaan-2 final descent to begin Saturday night

    September 6, 2019
    Chandrayaan-2’s lander Vikram closest to the Moon, about 35 km above the lunar surface. It is the most challenging manoeuvre to date the 15-minute power descent. The rugged lunar surface, continuously scanning for the targeted site near the south pole of the Moon as loaded on board by the Indian Space Research Organisation (Isro) until it’s sure that it has found the designated site for landing. The main aim is to overcome the communication delay, scientists have ensured that there... Read More

    Russia to conduct 2019 Exercise TSENTR

    September 6, 2019
    Exercise TSENTR 2019 is a component of the annual exercises part of the Russian Armed Forces like an annual coaching cycle. Exercise TSENTR 2019 is conducted by the Central military commission of Russia. This year the exercise is planned to be held between 9-23 September at Donguz coaching ranges in Russia. Aim: TSENTR 2019 aims to evolve drills and give practice to the participating armies in the fight against the scourge of international terrorism. It also aims to ensure military security... Read More

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    Gujarat govt signs sister state MoU with American state Delaware

    September 6, 2019
    Gujarat Government and the Delaware State of America signed MoU in Gandhinagar when a delegation of Delaware State of America called on Gujarat Chief Minister Delaware’s Vijay Rupani. The MoU was signed by Gujarat Chief Minister and Delaware’s Secretary of state. This is the first sister-state MoU signed by Gujarat with any state of America. The cooperation in the field of services and investment opportunities in GIFT IFSC discussed during the meeting. The sectors like... Read More
    Category: Indian Affairs

    Forty new Vande Bharat Express trains by 2022

    September 6, 2019
    India will have 40 new Vande Bharata Express trains by 2022. Indian Railways finalized the timeline for manufacturing them again and started a tendering process for the purpose. The production was stopped over allegations of favoritism and lack of transparency, earlier this year. The railway board has now started the tendering process for resuming manufacturing after railway minister Piyush Goyal’s intervention. A tender will be out by October for the propulsion system of the... Read More
    Category: Indian Affairs

    Anupama Swain won bronze in World Martial Arts Mastership Jiu Jitsu 2019

    September 6, 2019
    Anupama Swain won a bronze medal in the recently concluded World Martial Arts Mastership Jiu-Jitsu 2019. The event was held in Chungju, South Korea. She qualified for 2022 Asian Games. She is the only Indian to participate in the championship. Jiu-Jitsu is a form of martial art and combat sport and it puts the entire focus on grappling with particular emphasis on ground fighting.
    Category: Sports

    PNB approved its merger with OBC and United Bank of India

    September 6, 2019
    Punjab National Bank's (PNB) board has decided to give its in-principle approval for the merger with the Oriental Bank of Commerce and United Bank of India. The move is a part of the announcement of a major bank merger by the Finance Minister Nirmala Sitharaman. The directors of the Bank approved to commence the amalgamation process. The board also approved a capital infusion of up to Rs.18,000 crore from the government for preferential allotment of equity shares of the bank at a price... Read More
    Category: Banking & Finance

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    Reliance Jio launches wired broadband starting at 699

    September 6, 2019
    Mukesh Ambani's Jio announced the launch of its fiber-based broadband service, offering minimum internet speed of 100 Mbps for 699 a month, a rate 35-45 per second. Jio Fiber will offer free voice calling anywhere in the country, unlimited data and video conferencing. Jio Fiber - Plans and Advantages The annual subscribers will get 4K set top box, for streaming TV channels, free while a 4K television set would be complementary with plans with higher payouts such as 'Gold'. The... Read More

    India ranks 9th among the top 10 individual nations in gold reserves

    September 6, 2019
    The World Gold Council (WGC) released the 2019 list of gold reserves. The country who topped the list was the United States(US).
    They have gold reserves of 8,133.5 tonnes, followed by Germany (3,366.8 tonnes) at second place. India entered the top 10 list this year ranking at 10th spot surpassing the Netherlands (612.5 tonnes) it ranked 9th position in terms of individual countries with 618.2 tonnes, as the International Monetary Fund(IMF) ranks third (2,451.8 tonnes) in the gold... Read More
    Category: Index / List

    The 1st Cyber Crime Investigation and Cyber Forensics was held at New Delhi

    September 6, 2019
    The first National Conference on Cyber Crime Investigation and Cyber Forensics was held at CBI Headquarters in New Delhi on 4-5 September. The two-day conference was inaugurated by the CBI Director Rishi Kumar Shukla. Aim: The conference aimed at creating a platform where the investigators, forensic experts, academia and lawyers can discuss challenges related to cybercrime and ways to find solutions. It also aimed to create capacity building and to create a pool of competent investigators,... Read More

    Standard Chartered Bank launches new DigiSmart credit card

    September 6, 2019
    Standard Chartered Bank launched its DigiSmart credit card primarily focused on the ever-growing segment of millennials. The new credit card is available for a nominal monthly fee of only Rs 49. However, this fee will be waived off if the spends of the customer are Rs 5,000 or above in the previous month. The instant discounts and other benefits make this card special. key e-commerce portals, travel, entertainment, fashion, grocery and food delivery can be discounted on various categories of... Read More
    Category: Banking & Finance

    IndiGo partners with SonyLIV to provide mobile inflight entertainment

    September 6, 2019
    IndiGo announced its partnership with online video streaming service SonyLIV to offer passengers entertainment content at 25. The airline is expanding its footprint globally resulting in longer flights for its passengers calling for the need to provide entertainment content onboard.
    The airline has 50% of its new destinations in 2019 will be international ones. The passengers will have to download the app and the video content before they board their flight.
    IndiGo will provide a link to... Read More
    Category: Business & Economy

    India Africa Partnership in a Changing Global Order was held in New Delhi

    September 6, 2019
    The India-Africa Partnership in a Changing Global Order on Priorities, Prospects and Challenges National Conference was held in New Delhi. The conference was composed by research organizations, Research and Information System for Developing Countries (RIS). It was organized by the Indian Council of World Affairs (ICWA). Vice President M Venkaiah Naidu addressed the conference. India confirmed and renewed its goal to achieve $5 trillion economy by 2024-25 as outlined in the economic... Read More

    RBI makes it Mandatory for Banks to Link Retail Loans with External Benchmarks from October 1

    September 6, 2019
    The Reserve Bank of India mandatory for banks to link all new floating-rate loans for housing, auto and MSMEs to an external benchmark like repo from October 1. Industry and retail borrowers complaining that banks do not pass on the entire RBI's policy rate (repo rate).The Reserve Bank of India (RBI) observed that due to various reasons, the transmission of policy rate changes to the lending rate of banks under the current marginal cost of funds based lending rate (MCLR) framework hThe... Read More
    Category: Banking & Finance

    China adopts facial payments in cashless drive

    September 6, 2019
    China has introduced face recognition payments as the country embraces facial payment technology. In the facial payment technology money, cards, wallet or smartphones is needed. Using the technology the customers can simply make a purchase by posing in front of point-of-sale (POS) machines equipped with cameras, after linking an image of their face to a digital payment system or bank account. Facial payments: China's mobile payment is one of the most advanced in the world. People... Read More
    Category: International

    India ranks 34th in 2019 world travel and tourism competitiveness index

    September 6, 2019
    According to the Travel and Tourism Competitiveness Index (TTCI) for the year 2019 released by the World Economic Forum(WEF).
    India ranked at the 34th spot from 6 places from the 2017 report (40th rank). The index topped by Spain It is followed by France and Germany in the second and third places. Around 140 countries were ranked based on four sub-indexes. They are ranked mainly on the basis of  Infrastructure Travel and Tourism policy enabling conditions Natural and... Read More
    Category: Index / List



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