Current Affairs Daily Digest – August 03 2021

Current Affairs Daily Digest – August 03 2021

Current Affairs Daily Digest – August 03 2021. Read and Download daily, monthly Current Affairs Daily Digest 2021 for competitive exams like UPSC, SSC, IBPS, SBI etc,. Download month wise Current affairs 2020 PDF and Current affairs quiz PDF .

Latest Current Affairs


1. Indian Bank signs MoU with IIT Bombay for startup financing

Indian Bank has entered into a Memorandum of Understanding with the Society for Innovation and Entrepreneurship (SINE) – an initiative of the Indian Institute of Technology, Bombay – for extending exclusive credit facilities to startups and MSMEs.

The Bank will extend loans of up to 50 crore rupees to these start-ups for their working capital requirements or purchase of machinery and equipment.

2. RBI imposes penalty of Rs 50.35 lakh on Janalaxmi Co-operative Bank

Reserve Bank of India has imposed a penalty of Rs 50.35 lakh on Janalaxmi Co-operative Bank, Nashik for non-compliance with certain regulatory requirements.

The penalty on Janalaxmi Co-operative Bank has been imposed for non-compliance with directions issued by RBI on ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks’ and ‘Membership of Credit Information Companies (CICs)’.

3. Bvlgari appoints Priyanka Chopra as its global brand ambassador

Italian luxury brand Bvlgari has appointed actor Priyanka Chopra Jonas as global brand ambassador.

She will support the Roman high jewellery house in amplifying the brand around the world, with a particular focus on themes of women empowerment, diversity and inclusion. Bvlgari is known for its gemstone jewellery, watches, fragrances, accessories and leather goods.

4. Union Minister of Science & Technology releases “Biotech-PRIDE”

The Union Ministry for Science & Technology has released “Biotech-PRIDE (Promotion of Research and Innovation through Data Exchange) Guidelines”.

The Biotech-PRIDE Guidelines have been developed by the Department of Biotechnology (DBT). The guidelines are aimed at providing a well-defined framework and guiding principle to facilitate and enable sharing and exchange of biological knowledge, information and data.

5. Operation Blue Freedom: Team Of Special Forces Veterans

The government of India has accorded sanctions to Team CLAW to lead a team of people with disabilities to scale Siachen Glacier. It will be a new world record for the largest team of people with disabilities. This expedition is being undertaken as part of ‘Operation Blue Freedom’.

6. US clinches CONCACAF Gold Cup in football

United States clinched an exhilarating 1-0 extra-time win over defending champion Mexico to claim a seventh CONCACAF Gold Cup. Just three minutes were left in extra time when the US defender head-butted a cross by Kellyn Acosta past Mexican goalkeeper Alfredo Talavera.

7. Alexander Zverev wins gold in men’s singles tennis at Tokyo Olympics 2020

Germany’s Alexander Zverev beats Russian Karen Khachanov 6-3 6-1 to win the men’s singles gold at the Tokyo Olympics. He became the first German man to win singles Olympic gold.

The 24-year-old, who has yet to win a Grand Slam title, was in stunning form in the one-hour and 19-minute express contest to become the first German man to win a single Olympic gold.

8. Bhubaneswar becomes first Indian city to vaccinate 100% against COVID-19

Bhubaneswar has become the first Indian city to achieve 100 per cent COVID-19 vaccination. The Bhubaneswar Municipal Corporation (BMC) had launched a massive vaccination drive against Covid-19. This milestone is credited to the BMC running 55 centres at all times for vaccines.

9. HDFC Bank launches ‘Dukandar Overdraft Scheme’

HDFC Bank announced the launch of an overdraft facility for small retailers in partnership with CSC SPV. Known as ‘Dukandar Overdraft Scheme’.

The scheme by HDFC Bank is aimed at helping shopkeepers and merchants ease their cash crunch. According to the bank, retailers operating for a minimum of three years are eligible for the scheme by providing six months bank statement from any bank.

10. ISRO-NASA joint mission NISAR Satellite to be launched in 2023

The ISRO-NASA joint mission NISER (NASA-ISRO Synthetic Aperture Radar) satellite, aimed at making global measurement of land surface changes using advanced radar imaging, is proposed to be launched in early 2023. It is a dual-band (L-band and S-band) radar imaging mission with the capability of full polarimetric and interferometric modes of operation to observe minor changes in land, vegetation and cryosphere.

11. Myanmar Military Chief appointed as interim Prime Minister

The Chief of the Myanmar military, Senior General Min Aung Hlaing has taken over as the interim prime minister of the country.

He is also the Chairman of the State Administration Council (SAC) which has been performing the duties of the government in Myanmar, after the February 01, 2021 coup, which overthrew Aung San Suu Kyi’s ruling party.

12. SBI launches ‘SIM Binding’ feature for YONO

India’s largest lender State Bank of India (SBI) has launched a new and enhanced security feature for its YONO and YONO Lite apps, called ‘SIM Binding’, to protect customers from various digital frauds. Under the new SIM Binding feature, the YONO and YONO Lite apps will work only on those devices which have SIM of mobile numbers registered with the Bank.

13. Playback singer Kalyani Menon passes away at 80

Playback singer Kalyani Menon passed away on August 2, 2021, at a hospital in Chennai due to an age-related illness at the age of 80.

Kerala CM Pinarayi Vijayan while offering his condolences said Menon was an active presence in the field of film music. He further said that songs sung by her in Malayalam and Tamil films will always remain in the minds of the people.

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