Current Affairs Weekly PDF - September 2024 - 4th Week (25-30) PDF

Weekly Content PDF Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 1  Weekly Content PDF Current Affairs Weekly PDF – September 2024 – 4th Week (25 – 30)...

Weekly Content PDF Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 1  Weekly Content PDF Current Affairs Weekly PDF – September 2024 – 4th Week (25 – 30) NATIONAL AFFAIRS PM Modi's Visit to Maharashtra on 20 Union Minister Amit Shah Launched SOPs September 2024 on “White Revolution 2.0” to Boost Indian Prime Minister (PM) Narendra Modi visited Wardha, Dairy Sector Maharashtra on 20th September 2024. During his visit, Union Minister Amit Shah, Ministry of Cooperation ✓ PM Modi participated in the function to mark (MoC) launched the Standard Operating Procedures the anniversary of PM Vishwakarma Yojana at (SOPs) on ‘White Revolution 2.0’ during the National Swavalambai ground in Wardha, Maharashtra Conference on the initiatives taken by the MoC in the and released a commemorative stamp 1st 100 days of the 3rd term of Prime Minister (PM) published by India Post dedicated to mark 1 Narendra Modi led National Democratic Alliance year of progress under PM Vishwakarma. (NDA) government held in New Delhi, Delhi. o The scheme was launched on ✓ Amit Shah launched ‘100 days initiatives’ September 17, 2023, to provide under the theme of “Sahkar-se-Samriddhi” , to support to artisans and craftspeople strengthen and expand the cooperative sector, working with their hands and tools. and has potential to benefit about 13 crore Collateral free ‘Enterprise farmers across the country. Development Loans’ of up to Rs. 3 ✓ He also launched SOPs for ‘Cooperation lakhs in two tranches of Rs. 1 lakh and among Cooperatives’ initiative and Rs. 2 lakhs with tenures of 18 months ‘Margdarshika’. and 30 months are provided under the scheme. Ayushman Bharat PM-JAY Completes 6 o A concessional rate of interest of 5% will be levied on the beneficiary with Years of Successful Implementation an interest subvention cap of 8% that Ayushman Bharat Pradhan Mantri- Jan will be paid by the Ministry of Micro Arogya Yojana (AB PM-JAY), one of the key Small and Medium Enterprises. components of Ayushman Bharat (AB), a flagship ✓ PM Modi laid the foundation stone of PM Mega scheme of Government of India (GoI), which emerged Integrated Textile Regions and Apparel (PM from the National Health Policy 2017, has MITRA) Park at Amravati, Maharashtra. completed 6 years of successful implementation. ✓ During his visit, PM Modi launched the Acharya ✓ The scheme is being implemented by National Chanakya Kaushalya Vikas Scheme (Acharya Health Authority (NHA) under the Ministry of Chanakya Skill Development Center scheme) Health and Family Welfare (MoHFW). Free of the Government of Maharashtra and Health Insurance Coverage up to Rs 5 lakh. Punyashlok Ahilyadevi Holkar Women Startup Scheme, Financial assistance up DoA&FW Released the 3rd Advance to Rs.25 lakh will be provided. Estimates FY24 of Area and Production of Various Horticultural Crops Department of Agriculture and Farmers’ Welfare (DoA&FW) under the Ministry of Agriculture & Farmers’ Welfare (MoA&FW) has released the 3rd Advance Estimates of the Area and Production of Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 4  Weekly Content PDF various Horticultural Crops for Financial Year 2023-24 FSSAI’s State Food Safety Index 2023-24: (FY24). Kerala, TN, & J&K Emerged as Top ✓ As per 3rd advance estimates for FY24, total Performers horticulture production in India for FY24 is Kerala, Tamil Nadu (TN) and Jammu & Kashmir (J&K) estimated to be about 353.19 Million Tonnes have emerged as the top performers of the 6th edition (MT), a marginal decrease of 0.65% (about of State Food Safety Index (SFSI - 2023- 22.94 Lakh Tonnes) compared to FY23 final 24) developed by the Food Safety and Standards estimates of about 355.48 MT. Authority of India (FSSAI). Kerala has topped the SFSI ✓ India’s fruit production is expected to increase for 2nd consecutive year with 73.75 score out of 100. by 2.29% in FY24 i.e. to 112.73 MT. As per ✓ The index is based on five significant DoA&FW data , overall production of parameters – Human Resources and vegetables is estimated to be around 205.80 Institutional Data(9%), Compliance(28%), MT. Food Testing-Infrastructure and Surveillance(36%), Training & Capacity Indian Army Collaborated with FICCI and Building(8%), and Consumer Empowerment Unveiled HIM DRONE-A-THON 2024 & (9%) – and Improvement in SFSI Rank(10%). HIMTECH 2024 Events in Ladakh Top Performers in FSSAI’s SFSI 2024: The Indian Army hosted two major events, ‘HIM Score Score Rank State/UT DRONE-A-THON 2024’, and ‘HIMTECH 2024’, in (2023-24) (2022-23) collaboration with the Federation of Indian Chambers 1 Kerala 73.75 63 of Commerce and Industry (FICCI), at Leh, in the Union 2 TN 67 56.5 Territory (UT) of Ladakh. The events focused on 3 J&K 64.25 64 harnessing military technology for High Altitude Areas Gujarat (Special 4 48.5 61.75 (HAA) through cutting-edge drone and technology Mention) innovations. Special Acknowledgement for North Eastern Hilly ✓ The HIM DRONE-A-THON 2024 was held States from 17th to 18th September 2024 at Wari La, 13 Nagaland 29 44.25 Leh. ✓ The HIMTECH 2024 was held from 20th to CERT-In & SISA Launches First of its kind 21st September 2024 at Rinchen Auditorium Grounds, Leh. ANAB-Accredited CSPAI Program Indian Computer Emergency Response Team (CERT- In) under the Ministry of Electronics and Information Madhya Pradesh SEC Conducted India’s 1st Technology (MeitY), in collaboration with SISA Paperless Election Information Security Private Limited, launched the Madhya Pradesh (MP) State Election Commission Certified Security Professional for Artificial (SEC) conducted a paperless voting process for the Intelligence (CSPAI) program, the first of its kind ANSI first time in India. It was implemented as a pilot project National Accreditation Board (ANAB) accredited during a Panchayat by-election in Ratua Ratanpur Artificial Intelligence (AI) security certification. village, Berasia tehsil in Bhopal(MP) for the post of Sarpanch and recorded 84% turnout. 7th NSSO Annual PLFS: Unemployment Rate Remains Unchanged at 3.2% in July 2023 to June 2024 National Sample Survey Office (NSSO) under the Ministry of Statistics and Programme Implementation (MoSPI) released the “7th Annual Report of the Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 5  Weekly Content PDF Periodic Labour Force Survey (PLFS) (July 2023 to Periodic Labour Force Survey: July 2023- June 2024)”. As per the report, Unemployment Rate June 2024: Lakshadweep, Andaman & (UR) in usual status (ps+ss) for persons aged 15 years Kerala tops in Youth Unemployment Rate and above has remained unchanged at 3.2% during According to the 7th Annual report “Periodic Labour July 2023 to June 2024. Force Survey (PLFS) July 2023- June 2024)” of National ✓ The UR for male aged 15 years and above saw Sample Survey Office(NSSO), Ministry of Statistics and a marginal decrease from 3.3% in 2022-23 to Programme Implementation (MoSPI), Lakshadweep 3.2% in 2023-24. While, UR for female aged 15 has the highest Unemployment Rate (UR) among years and above has increased from 2.9% in youths (individuals aged 15-29 ). Youth UR in 2022-23 to 3.2% in 2023-24. Lakshadweep stands at 36.2% which includes 79.7% ✓ The UR in urban areas has decreased from UR among among young women and 26.2% UR among 5.4% in 2022-23 to 5.1% in 2023-24 and in young men. rural areas, UR has increased from 2.4% in ✓ Lakshadweep is followed by Andaman and 2022-23 to 2.5% in 2023-24. Nicobar Island with 33.6% (49.5% women and 24% men) and Kerala with 29.9% (47.1% Union MoS for Health & Family Welfare, women and 19.3% men). Prataprao Jadhav Launched Tobacco Free ✓ The national average for youth unemployment Youth Campaign 2.0 is 10.2%, with females facing a higher rate of Union Minister of State (MoS) 11% compared to 9.8% for males. Prataprao Ganpatrao Jadhav, Ministry of Health and ✓ Madhya Pradesh(MP) has the lowest Family Welfare (MoHFW) launched the 2nd edition of unemployment rate of 2.6%, among states in the Tobacco-Free Youth Campaign 2.0 at a hybrid India followed by Gujarat with 3.1% and event held at Lady Hardinge Medical College in New Jharkhand with 3.6%. Delhi, Delhi. ✓ During the launch event, he virtually inaugurated Tobacco Cessation Centres in medical institutions across India. All participants present at the event took the ‘Say No To Tobacco’ pledge to remain tobacco- free. ARIES & BEL Signed MOU to Enhance Space Situational Awareness Nainital (Uttarakhand)-based Aryabhatta Research Institute of Observational Sciences (ARIES), an autonomous institute under the Department of Science & Technology (DST) has signed a Memorandum of Understanding (MoU) with Bharat Electronics Limited (BEL), a ‘Navratna’ Public Sector Undertaking (PSU) under the Ministry of Defence (MoD), to enhance space NLDSL Unveils ULIP Logixtics Hackathon technologies, particularly focusing on Space 2.0 and launched Track Your Transport App Situational Awareness (SSA). NICDC Logistics Data Services Limited (NLDSL) in collaboration with NITI Aayog – Atal Innovation Mission(AIM) and Startup India launched the Unified Logistics Interface Platform (ULIP) Logixtics Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 6  Weekly Content PDF Hackathon 2.0 at the event chaired by Rajeev Singh Union Minister Jyotiraditya M. Scindia Thakur, Additional Secretary of the Department for Launched the ‘Ashtalakshmi Mahotsav’ Promotion of Industry and Internal Trade (DPIIT), Website in New Delhi Ministry of Commerce & Industry (MoC&I), took place The Union Minister Jyotiradtiya Madhavrao Scindia, at Vanijya Bhawan in New Delhi, Delhi. Ministry of Development of North Eastern Region (MoDoNER) has launched the official website for Indian Railways Launches ‘Rail Rakshak ‘Ashtalakshmi Mahotsav’ at Sanchar Bhawan in New Dal’ in North Western Zone for Quick Delhi, Delhi. The launch of the website underscores the Rescue Operations Government of India (GoI)’s commitment to promoting The Indian Railways established Rail Rakshak Dal in the vast potential of Northeast region on a national and the North Western Railway (NWR) zone for the first global stage. time as a part of a pilot project which aims to promptly respond to train accidents and conduct rescue operations. ✓ The Rail Rakshak Dal will be responsible for rapid rescue operations in times of unforeseen situations. ✓ Rail Rakshak Dal has been formed under the direct supervision of Union Minister Ashwini Vaishnaw, Ministry of Railways. SBI’s ERD Report: India’s Population Growth on a Downward Trajectory According to the State Bank of India (SBI)’s Economic Research Department (ERD) report titled “Precursor to Census 2024: The Fine Prints of a Rapidly Changing Nation”, the average annual exponential growth of India’s population is on a downward Platinum Jubilee of Central Silk Board: trajectory and is expected to decline from 2.20% (in Textiles Minister Giriraj Singh unveils 1971) to 1% (in 2024), placing India’s population in the Commemorative Coin range of 138 to 142 crore in 2024. Union Minister Giriraj Singh, Ministry of Textile, ✓ The report has also projected that the median unveiled the Commemoratory coin of the age of India will increase from 24 years (in denomination Rs 75 during an event organised to 2021) to 28-29 years (in 2023/24). Thus, India celebrate the Platinum Jubilee(75th Anniversary) of continues to be one of the youngest nations in the Central Silk Board (CSB) in Mysuru, Karnataka. the world and is still below the global median ✓ The coin made of Quaternary alloy (50% silver, age. 40% Copper, 5% Nickel and 5% Zinc) weighs ✓ According to SBI’s ERD report, the proportion 35 grams and has a diameter of 44 millimetres of children in the age group of 0 to 14 years is (mm). projected to be 24.3% in 2024, whereas, it was ✓ The Union Minister also launched a Coffee 30.9% in 2011, indicating a continuing reversal Table Book titled CSB in the Service of the trend that started in 1971. Nation Since 1949 and a postal cover featuring the CSB 75 Years Logo. ✓ The Ministry of Textiles(MoT) has notified the Medical Textiles (Quality Control) Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 7  Weekly Content PDF Order, 2023 which is set to take effect on 1st source for the Earth system. Click here to read October 2024. full News ✓ Textiles Minister Giriraj Singh launched Eri sericulture promotional project at Union Minister Jyotiraditya M. Scindia Sardarkrushinagar, Palanpur in Gujarat to Launches ‘Ek Ped Maa Ke Naam’ App encourage castor-growing farmers in Union Minister Jyotiraditya M. Scindia, Ministry of Banaskantha, Mehsana, Patan, and Communications (MoC), and Ministry of Development Sabarkantha districts in Gujarat. of North Eastern Region (MDoNER) launched the 'Ek ✓ During the event the ministry introduced the Ped Maa Ke Naam' mobile application (app) at the new mulberry varieties and silkworm hybrids, National Media Centre (NMC) in New Delhi(Delhi). including CBC-01 (C-2038) for Eastern and ✓ The Government of India (GoI) launched Ek Northeastern India, CMB-01 (S8 x Ped Maa Ke Naam, a nationwide tree- CSR16) and CMB-02 (TT21 x TT56), to plantation campaign on 5 June 2024 to enhance silk production. Click here to read full commemorate World Environment Day News (WED). PM Modi Dedicates 3 PARAM Rudra Supercomputers Worth Rs 130 Crore to Nation Prime Minister (PM) Narendra Modi dedicated 3 ‘PARAM Rudra’ Supercomputers worth Rs 130 crore to the nation via video conferencing. These supercomputers are developed indigenously under the National Supercomputing Mission (NSM). ✓ These supercomputers have been deployed in New Delhi(Delhi), Pune(Maharashtra) and Kolkata(West Bengal, WB) to provide pioneering scientific research. ✓ Pune based Giant Metro Radio Telescope (GMRT) will leverage the supercomputer to explore Fast Radio Bursts (FRBs) and other astronomical phenomena. Squadron Leader Mohana Singh Becomes ✓ PM Narendra Modi inaugurated a High- Performance Computing (HPC) 1st Woman Fighter Pilot in LCA Tejas Fighter system tailored for weather and climate Fleet research, acquired by the Ministry of Earth Squadron Leader Mohana Singh has become the 1st Sciences (MoES). woman fighter pilot to join the Indian Air Force's (IAF) ✓ The new systems are located at 18 Flying Bullets squadron, which operates India’s Pune(Maharashtra)-based Indian Institute of indigenously developed Light Combat Aircraft (LCA) Tropical Meteorology (IITM) and Noida(Uttar Tejas fighter jets. The Flying Bullets squadron is Pradesh, UP) based National Centre for stationed at Naliya Air Base in the Gujarat sector, along Medium Range Weather the border with Pakistan. Forecasting (NCMRWF). ✓ Mohana Singh was among the first 3 female ✓ These new state-of-the-art systems are fighter pilots commissioned into the IAF in named ‘Arka’ and ‘Arunika’ after celestial 2016, alongside Squadron Leaders entities connected to the sun, the main energy Bhawana Kanth and Avani Chaturvedi. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 8  Weekly Content PDF KVIC & NIFT Signed MoU under CoEK-2.0 to Fashion Technology (NIFT) signed a Memorandum of Enhance Marketability of Khadi Brand Understanding (MoU) under the 'Centre of Excellence for Khadi-2.0(CoEK-2.0)’, to enhance the reach and The Khadi and Village Industries Commission (KVIC) under the Ministry of Micro, Small, and Medium marketability of "Brand Khadi" domestically and internationally, in Rajghat, New Delhi (Delhi). Enterprises (MoMSME), and the National Institute of INTERNATIONAL AFFAIRS Jordan Becomes 1st Country Globally to CAG of India Assumes Chairmanship of Receive WHO Verification for Eliminating Asian Organisation of Supreme Audit Leprosy Institution for 2024-27 Term The World Health Organization (WHO) officially verified The Comptroller and Auditor General (CAG) of India, Jordan as the 1st country in the world to have the Supreme Audit Insitution (SAI) of India, assumed eliminated leprosy (also known as Hansen's disease), the chairmanship of the Asian Organization of a chronic infectious disease caused by a bacteria, Supreme Audit Institutions (ASOSAI) for 2024-2027 Mycobacterium leprae. term. Girish Chandra Murmu has been serving as the ✓ Jordan has not reported any locally transmitted 14th CAG of India since August 2020. (autochthonous) cases of leprosy for over 2 ✓ The 16th Assembly of ASOSAI hosted by CAG decades. This achievement is seen as a of India was held in New Delhi, Delhi from 21st significant step in public health efforts to to 27th September 2024. eliminate leprosy worldwide. ✓ Saudi Arabia, represented by the General Court of Audit (GCA), has been elected as the India Participates in G7 Ministers’ Meeting chair of ASOSAI for 2027-2030 term. Saudi Arabia was also elected as the host the 17th on Culture in Naples, Italy ASOSAI General Assembly. Special Session of G7 (Group of 7) Ministers meeting on Culture was held on 21st September 2024 in Naples, Italy. India Formally Joined International Big Cat ✓ During the session, the Naples Statement Alliance was signed on ‘Culture for the sustainable On 20th September 2024, India formally joined development of Africa and the world’ to International Big Cat Alliance (IBCA) by signing and promote culture as a driver of sustainable ratification of the Framework Agreement on the development in Africa. establishment of the IBCA. ✓ IBCA is a global initiative founded by India to secure the future of big cats and their natural habitats. ✓ The Union Cabinet chaired by Prime Minister (PM) Narendra Modi approved the proposal of India to become a member of IBCA. ✓ With this, 4 countries (India, Nicaragua, Eswatini and Somalia) have now become member of IBCA. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 9  Weekly Content PDF BANKING & FINANCE iBUS Network Secures USD 34 Million from BLS E-Services Limited (Erstwhile known as BLS E- IFC for Global Expansion services Private Limited), a leading integrated technology-enabled digital service provider, to offer a Bengaluru(Karnataka) based iBUS Network and range of insurance products directly to customers Infrastructure Private Limited, a leading digital across India. infrastructure solutions provider, has secured an investment of Rs 280 crore (USD 34 million) from the International Finance Corporation (IFC), a member of SBI General Insurance launches ‘SBIG the World Bank Group (WBG) for a minority stake in Health Super Top-Up’ plan the company. State Bank of India (SBI) General Insurance Company Limited has launched ‘SBIG Health Super Top-Up’ Tripura CM Manik Sah Laid Foundation for plan, which is a health insurance add-on plan designed ADB-funded Rs 530 Cr Project to Boost to enhance the existing basic health insurance coverage (corporate or personal loan) in an economical Drinking Water Supply and affordable way. Manik Saha, the Chief Minister (CM) of Tripura laid the ✓ Offers two options with sum insured ranging foundation for the Manila (Philippines)-based Asian from Rs.5 lakhs to Rs.4 crores, with Development Bank (ADB)-funded Rs 530 crores water deductibles between Rs.2 lakhs to Rs.2 supply project in Udaipur, Tripura. crores. ✓ It is an initiative under the Mukhyamantri Nagar Unnayan Prakalpa (CM Urban Development Scheme) for the modern City Union Bank Limited Launched 8 management of drinking water supply in 12 Payment Products at 5th GFF 2024 cities of Tripura. The project has already City Union Bank Limited (CUB), a leading scheduled received Rs 330 crore in funding from the ADB. commercial bank in the private sector, has launched a suite of 8 innovative digital payment products and BOB & EaseMyTrip Jointly Launched Co- solutions to enhance the financial ecosystems for Micro, Small and Medium Enterprises (MSMEs) and branded Travel Debit Card retail customers. Bank Of Baroda (BOB), one of the leading commercial ✓ These products were launched during the 5th banks in India, in collaboration with EaseMyTrip.com, edition of Global Fintech Fest (GFF 2024) held India’s one of largest online travel platforms, launched from 28th to 30th August 2024 at Jio World a co-branded travel debit card named ‘Bank of Baroda Convention Centre in Mumbai, Maharashtra. EaseMyTrip Debit Card’ for frequent travelers and ✓ The new digital payment products launched those spending on entertainment and lifestyle. include Delegate payments, Unified Payments ✓ This is the 1st co-branded travel debit card Interface (UPI) lite auto topup, National introduced by a Public Sector Bank (PSB) in Common Mobility Card (NCMC), Credit line on India and EaseMyTrip is the 1st Online Travel UPI, RuPay credit card on UPI, and Loan Agency (OTA) in India to be partnered with the against securities (Mutual Fund). PSB for a debit card. Axis Bank & Mastercard Collaborate to SBI General Insurance Partners with BLS E- launch MyBiz, a Credit Card for Small Services to Offer Insurance Products Business Owners SBI General Insurance Company Limited, a leading Axis Bank Limited and Mastercard, an American general insurance company in India, has partnered with multinational payment card services corporation, have Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 10  Weekly Content PDF collaborated to launch Mybiz, a business credit card Axis AMC Launched India’s 1st NBFC designed for sole proprietors and Small-and-Medium Sector-based Target Maturity Mutual Fund Enterprises (SME) business owners. Scheme ✓ This credit card, a part of the World Axis Asset Management Company Limited (Axis AMC) Mastercard category, combines a range of launched “AXIS CRISIL-IBX AAA NBFC Index– Jun business and travel benefits to meet the needs 2027 Fund”, An open-ended Target Maturity Index of SME owners. Fund investing in constituents of CRISIL-IBX AAA NBFC Index – Jun 2027. This is the 1st Non-Banking Financial Company (NBFC) sector-based target maturity mutual fund scheme in India. ECONOMY & BUSINESS Tata electronics, TCS to develop India's first and has projected a faster growth of 6.6% in domestic chips by 2026 CY26 in its new Asia Pacific outlook. ✓ Moody’s has also raised the 2025 forecast for Tata Consultancy Services (TCS) is collaborating the Asia-Pacific region by 10 basis point (bps) with Tata Electronics Private limited (TEPL) to launch i.e. from 3.9% to 4%. India’s first domestically produced semiconductor chips by 2026. The semiconductor chips will cater to industries such as automotive, electronics, power, OECD Raised India’s GDP Forecast to 6.7% consumer goods, and healthcare. for FY25; 6.8% for FY26 The Organisation for Economic Cooperation and S&P retains India's Growth Forecast at 6.8% Development (OECD) has raised India’s Gross for FY25 Domestic Product (GDP) growth forecast by 10 basis points (bps) to 6.7% for Financial Year 2024-25 S&P Global Ratings has maintained India's Gross (FY25), from its previous estimate of 6.6%. This Domestic Product (GDP) growth forecast at 6.8% for projection was announced by OECD in its latest the fiscal year 2024-2025 (FY25) and 6.9% for FY26 in ‘OECD Economic Outlook , Interim Report its ‘Economic Outlook Asia-Pacific Q4 2024: Central Banks To Remain Cautious Despite U.S. Rate September 2024: Turning the Corner’ released on 25th September, 2024. Relief’. ✓ It has also increased India’s economic growth ✓ The Indian economy grew 8.2% in FY24 and forecast for FY26 by 20 bps, to 6.8% from its for FY27 and FY28, India’s GDP growth is previous estimate made in May 2024. expected at 7%. ✓ OECD’s report has also raised India’s headline inflation forecast by 20 bps, from 4.3% Moody’s Raises India’s 2024 GDP Forecast (projected in May 2024) to 4.5% for FY25. This to 7.1% in CY24; 6.5% in CY25 projection is in alignment with the Reserve Moody’s, a subsidiary of Moody’s Corporation, has Bank of India (RBI)’s forecast of headline raised India’s Gross Domestic Product (GDP) growth inflation for FY25. While, it has lowered India’s forecast to 7.1% for Calendar Year 2024 (CY24), from inflation for FY26 by 10 bps, from 4.2% to its previous estimate of 6.8% made in June 2024. It 4.1%, which would be almost equal to RBI’s noted that Indian economy will continue to be resilient mid-point target of 4%. amid global uncertainties. ✓ However, it has maintained its India’s economic growth forecast for CY25 at 6.5% Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 11  Weekly Content PDF ADB forecasts India's economic growth at 1.2% in FY25, down from the previous forecast 7% for FY25 and 7.2% for FY26 of 1.7% for both years, due to better exports, lower imports, and strong remittance inflows. According to the ‘Asian Development Outlook (ADO) update of September’ released by the Asian Development Bank (ADB), India's growth forecast for Shankh Air, India’s Newest Airline, Gets the Financial Year 2024-25 (FY25) has been projected Approval from MoCA at 7% and FY26 at 7.2%. According to the report, Shankh Air, owned by Shankh Aviation Private Limited, though the Gross Domestic Product (GDP) growth has received the No Objection Certificate (NOC) from slowed to 6.7% in the first quarter (April-June) of the Ministry of Civil Aviation(MoCA) valid for 3 years. FY24. Shankh Air will be the 1st Schedule airline to launch ✓ As per the report, the government debt is from Uttar Pradesh(UP). It is yet to receive clearance projected to decrease from 58.2% of GDP in from the Directorate General of Civil Aviation (DGCA) FY24 to 56.8% in FY25. to begin operations. ✓ ADB projected India's Current Account Deficit(CAD) to be 1% of GDP in FY24 and AWARDS & RECOGNITIONS FFI Announced Kiran Rao’s Laapata Ladies Indian Actress Anushka Sen Honoured by as India’s Official Entry to Oscars 2025 South Korea Government for Strengthening Film Federation of India (FFI) has announced the name India-Korea Relations of Kiran Rao directed ‘Laapata Ladies’ as India’s Indian Actress, Anushka Sen has been honoured with official entry for the “Best International Feature Film” the prestigious award by the South Korea Government category at the prestigious 97th Academy Awards for her exceptional contribution in strengthening (Oscars 2025), which will held on 2nd March 2025 in relations between India and Korea. She received the Los Angeles, California, the United States of America award from Hyun Woo Kim, Chief Executive Officer (USA). (CEO) of Seoul Business Agency (SBA), during a ceremony held in South Korea. Gujarat’s Rhea Singha Crowned Miss Universe India 2024 RINL Bagged the Prestigious CII-GBC Rhea Singha, (19-year-old) from Gujarat has been National Energy Leader Award for the 6th crowned Miss Universe India 2024 at the pageant Consecutive Year held in Jaipur, Rajasthan. She was crowned by Urvashi Rashtriya Ispat Nigam Limited (RINL), the corporate Rautela, Bollywood actress and Miss Universe India entity of Visakhapatnam Steel Plant, has won the 2015. Rhea will now represent India at the 73rd Miss National Energy Leader Award from the Universe 2024 pageant, which is scheduled to be held Confederation of Indian Industry- Green Business in Mexico in November 2024. Centre (CII-GBC) for the 6th consecutive year. The award was presented during the event held at Hyderabad, Telangana on 12th September 2024. RINL has also won the “Excellent Energy Efficient Unit Award” for the 8th consecutive year. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 12  Weekly Content PDF APPOINTMENTS & RESIGNATIONS AAP Senior Leader Atishi Sworn-in as 8th ACC Approved Various Appointments of IPS CM of Delhi Officers: Alok Ranjan & Amit Garg Atishi Marlena Singh, a senior Appointed Director of NCRB & SVPNPA leader of the Aam Aadmi Party The Appointments Committee of the Cabinet (ACC) (AAP) took oath as the 8th Chief approved the appointments of the Senior Indian Police Minister (CM) of the National Service (IPS) officers Alok Ranjan as Director of the Capital Territory (NCT) of Delhi. National Crime Record Bureau (NCRB) and Amit She was appointed by the Garg as Director of Hyderabad (Telangana)-based President Droupadi Murmu under the Article 239. Sardar Vallabhbhai Patel National Police Academy Lieutenant-Governor (LG) Vinai Kumar Saxena (SVPNPA) with immediate effect. administered the oath of office and secrecy to Atishi at ✓ Alok Ranjan has been appointed for a tenure up a ceremony held at Raj Niwas in New Delhi(Delhi). 5 to his superannuation on 30 June 2026. He AAP ministers also took oath during the ceremony. replaces Vivek Gogia, who has been ✓ She replaced Arvind Kejriwal, the 7th CM of repatriated to Arunachal Pradesh-Goa- Delhi since February 2015, who resigned from Mizoram and Union Territory (AGMUT) cadre. his role in September 2024. Atishi is expected to serve a 4-month term with Delhi’s Assembly Brijendra Pratap Singh Set to become the Elections scheduled for February 2025. Next CMD of NALCO The Public Enterprise Selection Marxist Leader Anura Kumara Dissanayake Board (PESB), a key body set up by Sworn-in as 9th President of Sri Lanka the Government of India (GoI), has Anura Kumara Dissanayake (55 appointed Brijendra Pratap Singh as year old), Leader of Marxist-Leninist the next Chairman-cum-Managing party Janatha Vimukthi Peramuna Director (CMD) of the National Aluminium Company (JVP), sworn-in as 9th President of Limited (NALCO), a Navratna Schedule 'A' Central Sri Lanka after winning the 2024 Public Sector Enterprise (CPSE) under the Ministry of Presidential election. He was sworn Mines (MoM). in by Chief Justice of Sri Lanka, Jayantha Jayasuriya at ✓ Brijendra Pratap Singh is expected to take over the Presidential Secretariat in Colombo, Sri Lanka. from the incumbent CMD, Sridhar Patra on 1st November 2024. Air Marshal Amar Preet Singh appointed as next Indian Air Force Chief Harini Amarasuriya Sworn-in as 16th PM of The Ministry of Defence (MoD) has Sri Lanka appointed Air Marshal Amar Preet Harini Amarasuriya (54 years old), Singh as the next Chief of the Air leader of National People’s Power Staff (CAS) in the Indian Air force (NPP), officially sworn-in as (IAF), in the rank of Air Chief 16th Prime Minister (PM) of Sri Lanka. Marshal, with effect from September She has replaced 30, 2024. He will succeed the incumbent Air Chief Dinesh Gunawardene who resigned from PM office Marshal Vivek Ram Chaudhari, who retires upon after the result of recently held Sri Lanka Presidential superannuation. election. ✓ She took her oath of office administered by Anura Kumar Dissanayake, President of Sri Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 13  Weekly Content PDF Lanka at the Presidential Secretariat in Shigeru Ishiba set to become the New Prime Colombo, Sri Lanka. She became the Minister of Japan 3rd woman PM after Sirimavo Bandaranaike Former Defence Minister Shigeru and Chandrika Kumaratunga. Ishiba (67 years old) is set to become the next Prime Minister(PM) of Japan after being elected as the leader of Japan’s Liberal Democratic Party (LDP) which holds a majority in the parliament. He will assume PM office from October 1, 2024 by replacing incumbent PM Fumio Kishida. ACQUISITIONS & MERGERS Aditya Birla Capital gets RBI nod for merger ✓ CCI has also approved, Acquisition of shares with Aditya Birla Finance of Home Credit India Finance Private Limited (Home Credit) by VS Holdings Limited (TVSH), On 18th September 2024, Aditya Birla Capital STPL Trading and Services Private Limited Limited has received approval from the Reserve Bank (STPL), and PI Opportunities Fund-II (PIOF), of India (RBI) for the amalgamation of Aditya Birla and acquisition of shares of STPL Trading and Finance Limited, its wholly owned subsidiary, with Services Private Limited by K. Gopala Desikan, itself to create a large unified Non-Banking Financial Anuraag Agarwal, V. Ganesh, and GWC Family Company (NBFC). Fund Investments Pte. Ltd. ✓ Acquisition of 100% share capital of Sunbeam GoI Approves Sale of Ferro Scrap Nigam Ltd. Lightweighting Solutions Private Limited by to Japanese firm Konoike Transport for Rs Craftsman Automation Limited on a fully 320 Cr diluted basis. The Government of India (GoI) has approved the sale of Ferro Scrap Nigam Limited (FSNL) along with the RBI approves amalgamation of The transfer of management control to Japan’s Konoike Rajapur Sahakari Bank Ltd. with The Transport Cim Ltd. for Rs 320 crore. This marks the first privatisation in over 2 years. Malad Sahakari Bank Ltd. The Reserve Bank of India (RBI) has approved the Scheme of Amalgamation of Mumbai(Maharashtra) CCI Approves Acquisition of Vastu Housing based The Rajapur Sahakari Bank Limited with Finance Corporation by Naspers Ventures Mumbai based The Malad Sahakari Bank Limited. The The Competition Commission of India (CCI) has scheme will come into force from September 23, 2024. approved the proposed acquisition of less than 10% ✓ The scheme has been approved in exercise of equity shareholding in Vastu Housing Finance its powers conferred under Sub-Section (4) of Corporation Limited (VHFCL) by Naspers Ventures Section 44A read with Section 56 of the B.V. (Naspers Ventures) on a fully diluted basis. Banking Regulation (BR)Act, 1949. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 14  Weekly Content PDF SCIENCE & TECHNOLOGY China’s Smart Dragon-3 rocket launches 8 ✓ The spacecraft was safely landed in a remote satellites from Sea area near Zhezkazgan in Kazakhstan. Russia’s Oleg Kononenko and Nikolai Chub returned China launched the Jielong-3 (Smart Dragon-3) carrier on Earth after their record-breaking stay of 374 rocket from a sea platform on the waters near the city days in Low Earth Orbit (LEO) at the ISS. They of Haiyang in east China's Shandong Province to place returned after a trip of 158.6 million miles, eight satellites into planned orbit. The launch was spanning 5,984 orbits. China’s 44th launch of 2024. The launch was China’s 44th launch of 2024. DRDO Transfers High-Altitude Sustenance Russian Soyuz Capsule Successfully Brings Technologies to Power Grid Corporation of Back 3 Crew Members from ISS India Ltd Russian Spacecraft Soyuz MS-25 has successfully On 21st September 2024, the Defence Institute of brought back 3 crew members, including Two Russian Physiology and Allied Sciences (DIPAS), a key cosmonauts Oleg Dmitriyevich Kononenko and laboratory under Defence Research and Development Nikolay Aleksandrovich Chub and National Organisation (DRDO), handed over critical high- Aeronautics and Space Administration (NASA) altitude sustenance technologies to the Power Grid astronaut Tracy Caldwell Dyson, from the Corporation of India Ltd (PGCIL). International Space Station (ISS). ENVIRONMENT ------- SPORTS F1: McLaren's Lando Norris won the 45th FIDE Chess Olympiad Budapest 2024: Singapore GP 2024 Team India won Gold in both Open and McLaren's Lando Norris, a British racing driver, won Women’s Event the title of the Formula 1 (F1) Singapore Airlines Team India won the Gold medal in both the Open and Singapore Grand Prix (GP) 2024 held at the Marina Women’s section of the 45th International Chess Bay Street Circuit in Singapore. This marks Lando Federation (FIDE- Fédération Internationale des Norris’ 3rd career win after Heineken Dutch GP Échecs) Chess Olympiad held in Hungary, Budapest. 2024 and Miami GP 2024. ✓ Team India also won the Gaprindashvili ✓ Red Bull's Max Verstappen, a Dutch-Belgian Cup, the special trophy which is awarded to racing driver (competing under the Dutch flag) the team with best combined result in the finished 2nd followed by McLaren's Oscar Open and Women’s section. Piastri, an Australian racing driver in the 3rd. Top 3 on Final Standing: Rank Team Points Open Section 1 India 21 Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 15  Weekly Content PDF Federation of Association Football (FIFA) World Cup 2 USA 17 2026 and FIFA Women’s World Cup 2027. ✓ FIFA World Cup 2026 will be the 1st edition 3 Uzbekistan 17 to feature 48 teams and will be hosted across Women’s Section 3 countries, Canada, Mexico, and the United States of America (USA). FIFA World Cup 2026 1 India 19 will be the 1st edition to feature 48 teams and will be hosted across 3 countries, Canada, 2 Kazakhstan 18 Mexico, and the United States of America (USA). 3 USA 17 Tennis: India’s Jeevan Nedunchezhiyan & Team Europe won the Laver Cup 2024 by Vijay Sundar Prashanth won the doubles Defeating Team World title at Hangzhou Open 2024 Team Europe captained by Swedish tennis player Indian Tennis players Jeevan Nedunchezhiyan and Vijay Sundar Prashanth won the men’s doubles title Björn Borg won the Laver Cup 2024 by defeating Team World captained by American tennis player John by defeating Germany’s Constantin Frantzen and McEnroe. This marks the 5th win of Team Europe Hendrik Jebens in the finals of the Association of Tennis Professionals (ATP) 250 Hangzhou Open which has previously won the title in 2017, 2018, 2019 and 2021. (2024). ✓ Laver Cup 2024, the 7th edition of the annual ✓ Marin Cilic of Croatia won the Men’s singles title by defeating China’s Zhang Zhizhen. This men’s tennis tournament between Teams from Europe and the rest of the world, was held at marks his first tour level title since 2021. the Uber Arena in Berlin, Germany from 20th to ✓ Hangzhou Open 2024 was held from 18th to 24th September 2024 at the Hangzhou 22nd September 2024. Olympic Sports Expo Center in Hangzhou, China. Syria Beat India 3-0 to Win their Maiden Intercontinental Cup 2024 Football Title India claims bronze medal in 1st Asia Syria won their maiden Intercontinental Cup 2024 football title by defeating the defending champions Pacific Padel Cup in Bali, Indonesia India 3-0 in the final group match held at Ganti Mohana The Indian team bagged the bronze medal by defeating Malaysia in the first edition of the Asia Chandra (GMC) Balayogi Athletic Stadium (formerly known as Gachibowli Athletic Stadium) in Hyderabad, Pacific Padel Cup(APPC)2024 which was held Telangana. at Amare Padel Club Umalas, Bali, Indonesia, from September 19th to 22nd , 2024. ✓ This is the 4th edition of the Intercontinental Cup, organised by the All India Football ✓ India has claimed this spot in its first-ever Federation (AIFF). It was a tri-nation series tournament appearance and also the first- between the football teams of India, Syria, and ever padel competition between nations held Mauritius. in the Asia Pacific region. ✓ Indonesia won the gold medal followed by the Philippines winning the silver medal in the Lay’s Named Official Sponsor of FIFA World tournament. Cup 2026 & FIFA Women’s World Cup 2027 Lay’s, a global snack brand owned by Frito-Lay, Inc., becomes the official sponsor for the International Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 16  Weekly Content PDF Results: Scotland Agreed to Host 2026 Category Winner Runner up Commonwealth Games after Australia Backed Out Men’s Marin Cilic Zhang Zhizhen Glasgow, the capital of Scotland, has been announced Singles (Croatia) (China) as the host city of the 2026 Commonwealth Games, Jeevan Constantin the 23rd edition of the Commonwealth Games(CWG) Nedunchezhiyan Frantzen and after Australian state of Victoria decided to withdraw Men’s from hosting the 2026 Commonwealth Games due to and Vijay Sundar Hendrik Jebens Doubles projected exceeding expenditures. Prashanth (India) (Germany) OBITUARY ----- BOOKS & AUTHORS Uttarakhand CM Pushkar Singh Dhami TN Governor R.N.Ravi Released the Book Released a Book Titled "Khaki Mein ‘Sri Rama in Tamilagam – An Inseparable Sthitapragya" Bond’ by Dr. D.K.Hari & Dr. D.K.Hema Hari Pushkar Singh Dhami , Chief Minister(CM) R.N.Ravi, Governor of Tamil Nadu (TN) released the of Uttarakhand, launched a book titled "Khaki Mein book titled 'Sri Rama in Tamilagam - An Inseparable Sthitapragya-Ek IPS Adhikari ki Smiritiyan avam Bond' authored by the husband-wife duo Dr. D.K.Hari Anubhav" at the Institute of Research Development & and Dr. D.K.Hema Hari, in a function organised at Training (IRDT) auditorium in Dehradun, Uttarakhand. Bharathiar Mandapam, Raj Bhavan, Chennai, TN. The The book, authored by Anil Raturi, former Director book is published by Rare Publications. General of Police (DGP), Uttarakhand, is published by Winsar Publishing Co. IMPORTANT DAYS World Rivers Day 2024 - September 22 World Rhino Day 2024 - September 22 World Rivers Day (WRD) is annually observed across World Rhino Day is annually observed across the the globe on the 4th Sunday of September to raise globe on 22 September to raise awareness about the awareness about the importance of rivers, encourage Rhinoceros or Rhino(Rhinocerotidae), one of the the improved protection of all rivers worldwide, and oldest groups of mammals, and the urgent need for promote their conservation and sustainable their conservation. The day is observed to spread management. WRD 2024 was observed on 22nd awareness for all 5 species of rhinos namely, the Black September 2024. rhino, and White rhinos in Africa, and the greater one- ✓ The first WRD was observed in 2005 across horned, Sumatran, and Javan rhinos in Asia. multiple countries. WRD 2023 was observed ✓ World Rhino Day was first initiated by the on 24th September 2023 and WRD 2025 will Worldwide Fund for Nature (WWF) - South be observed on 28th September 2025. Africa in 2010. Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 17  Weekly Content PDF World Rose Day for Cancer Patients 2024 - youth Program under the Ministry of Youth Affairs and September 22 Sports (MYAS). ✓ 24 September marks the foundation day of World Rose Day, also known as the Day for the Welfare of Cancer Patients is annually observed NSS in 1969. NSS was established to develop the personality and character of young across the globe on 22 September to raise awareness students through voluntary community service. about cancer and to demonstrate solidarity with ✓ The year 1969 commemorated the birth cancer patients and their loved ones. Centenary year of Mahatma Gandhiji, the ✓ The Day aims to honour the strength and Father of the Nation, who was born in 1869. courage of those battling cancer, bringing happiness, support, and hope to cancer patients and their caregivers. World Pharmacists Day 2024 - September 25 International Day of Sign Languages 2024 - World Pharmacists Day (WPD) is annually observed September 23 across the globe on 25 September to recognise and celebrate pharmacists' crucial role as drug information The United Nations (UN's) International Day of Sign specialists and accessible healthcare providers, in Languages (IDSL) is annually observed across the building healthier communities worldwide. globe on 23 September to support and protect the ✓ The theme of WPD 2024 is “Pharmacists: linguistic identity and cultural diversity of all deaf Meeting global health needs”. people and other sign language users worldwide. ✓ IDSL 2024 is celebrated as part of the International Week of Deaf People (IWDP) Antyodaya Diwas Day 2024 - September 25 2024 from 23 to 29 September 2024. The Antyodaya Diwas Day is annually observed across 2024 theme of IDSL is, “Sign up for Sign India on 25 September to commemorate the birth Language Rights”. anniversary of Pandit Deendayal Upadhyaya, a prominent Indian political leader, philosopher, and the World Car-Free Day 2024 - September 22 former President of the political party Bharatiya Jan Sangh (BJS), the predecessor party of the Bharatiya World Car-Free Day is annually observed in cities Janata Party (BJP). across the globe on 22nd September to encourage motorists to give up their cars for a day. The day also ✓ 25 September 2024 marks the 108th birth anniversary of Pandit Deendayal Upadhyaya. highlights the benefits of going car-free such as ✓ The day emphasises reduced air pollution and promotes walking and cycling Pandit Deendayal Upadhyaya's concept of in a safer environment. "Antyodaya", meaning the rise and ✓ The first national car-free campaign was development of the last person in society. inaugurated in Britain by the Environmental Transport Association (ETA) in 1997. An international Car-Free Day was organised World Maritime Day 2024 - September 26 in Europe in 1999, which was the pilot project The United Nations (UN)’s World Maritime for the European Union's (EU) "In Town Day(WMD) is annually observed across the globe on Without My Car" campaign. the last Thursday of September to celebrate the importance of maritime activities and to recognise the NSS Day 2024 - September 24 contribution of the maritime industry towards global development. The National Service Scheme (NSS) Day is annually ✓ World Maritime Day 2024 was observed on observed across India on 24 September to 26th September 2024. commemorate the establishment of NSS, a permanent ✓ The theme of World Maritime Day 2024 is "Navigating the future: safety first!". Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 18  Weekly Content PDF ✓ The annual observance of WMD is led by the International Maritime Organization (IMO). STATE NEWS --------- Aspirant Queries Aspirant: Does Affairscloud covers all the Current affairs topics related to examinations? Affairscloud: We Guaranteed All the Important topics related to examination are covered in Our Daily CA content and Daily CA Quizzes. Aspirant: Why is there a delayal in news? Affairscloud: As some of the major news sites doesn't provide the required data on the exact day, we take extra time for important data to be presented to the aspirants on the examination basis to ensure nothing is missed. Example: In 'Important Days' topics the International Organisations publish their reports and Rankings in the evenings, to make sure every data is covered, we delay the topics to the next day Candidates appearing Competative Exams. 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