Current Affairs Daily Digest – August 14 2019

Current Affairs Daily Digest – August 14 2019

Latest Current Affairs

1. 13 August: Organ Donation Day

Every year 13 August is observed as Organ donation day, to create awareness about organ donation and to remove the myths about organ donation from people’s mind. Organ donation day urges people of all communities to come forth and donate organs to save precious lives.

2. State of Art Gallery at National Crafts Museum inaugurated

A Textiles Gallery at National Crafts Museum was inaugurated in New Delhi on 13 August by the Union Minister of Textiles and Women and Child Development, Smriti Zubin Irani. The collection aims to help people explore, enjoy, and rediscover the world of Indian textiles through design and technology.

3. Indian Navy signed MoU with CIAL

Naval Air Enclave (NAE), Kochi signed a memorandum of understanding (MoU) with Cochin International Airport Limited (CIAL) in a formal function held at CIAL. The agreement was signed by Captain Satish Kumar S, Officer-in-Charge, NAE and Shri ACK Nair, Airport Director CIAL.

The MoU was aimed with the commencement of naval air operations from the NAE, a naval aviation facility at CIAL in Nedumbassery. The MoU sets the standard operating procedures for CIAL and the Indian Navy. It also ensures safe, secure and uninterrupted military air operations.

4. RBI launches regulatory sandbox for Fintech companies

The Reserve Bank of India (RBI) issued the final framework for regulatory sandbox (RS) for the startups, banks and financial institutions. The Fintech companies can now set up their own RS for live testing of innovative products in areas like retail payments, digital KYC and wealth management.

5. Tamil Nadu’s Palani Panchamirtham prasadam given GI tag

Prasadam from a popular temple in Tamil Nadu has been given the Geographical Indication (GI) tag. The renowned Palani panchamirtham which is served as the prasadam at Dhandayuthapani Swamy temple in Palani was bestowed with the tag recently.

6. Women’s cricket to be part of Birmingham 2022 CWG, confirms CGF

Cricket will come back to the Commonwealth Games roster for the first time since 1998 with the inclusion of women’s T20 for the 2022 edition in Birmingham, the Commonwealth Games Federation and the ICC announced.

Cricket has made just one appearance at the CWG previously, with men playing in 1998 in Kuala Lumpur, where South Africa finished on top of the podium.

7. Chandrayaan-2 enters Lunar Transfer Trajectory

Chennai-India’s spacecraft to the moon Chandrayaan-2 successfully entered the Lunar Transfer Trajectory (LTT) after its orbit was raised further, said Indian space agency.

According to Indian Space Research Organisation (ISRO), the final orbit raising manoeuvre of Chandrayaan-2 was successfully carried out at 2.21 a.m. by firing the spacecraft’s motors for 1,203 seconds.

8. Retail inflation marginally dips to 3.15% in July

Retail or consumer price index (CPI) inflation fell to 3.15 per cent in July from 3.18 per cent in June, data released by government showed. The number is well below the Reserve Bank of India’s (RBI’s) target of 4 per cent.

Inflation based consumer price index stood at 3.05 per cent in May 2019 and 4.17 per cent in July last year.

9. Aditya Birla Health Insurance and Axis Bank ink bancassurance pact

Aditya Birla Health Insurance (ABHI), a stand-alone health insurer, has entered into a bancassurance partnership with Axis Bank, the country’s third largest private sector bank.

Through this partnership, ABHI will offer health insurance solutions to the Axis bank’s customers across its 4,094 branches and digital channels.

10. 1 kg of an Assam tea variety auctioned for ₹75,000

A kilogram of a variety of Assam tea, ‘Golden Butterfly’, was auctioned for ₹75,000 by the Guwahati Tea Auction Centre (GTAC). The speciality tea is produced by Dikom Tea Estate and the bid was paid by Assam Tea Traders. In July, another variety of Assam tea was auctioned for ₹50,000 a kilo by GTAC.

Note :

While Assam tea made from tea leaves is known for its malty flavour, strong and bright colour, the Manohari Gold tea, true to its name gives a golden hue when brewed. This Assam tea variety was auctioned at Rs 50,000 per kg.

11. IIM Kozhikode to host Women Economic Forum for entrepreneurs on August 22-23

The first Kerala edition of Women Economic Forum (WEF), a global platform for women leadership enhancement and networking, will be held at IIM Kozhikode on August 22 and 23.

Organised by All Ladies League (ALL), a global movement committed to unleash the potential in one and all, the two-day event will bring together 400-plus women entrepreneurs, speakers and delegates from across the world. WEF will include sessions focusing on learning, networking and business development.

12.J-K to host 3-day global investors summit in Srinagar from October 12

Seeking to attract businesses to Jammu and Kashmir, the state administration announced a three-day global investors summit to be held in Srinagar from October 12.

The meet will provide J-K an opportunity to showcase its strengths, strategies and potential, the state’s Principal Secretary (Industries), Naveen Choudhary, told reporters here

13. India, Russia To Boost Ties To Achieve $30 Billion In Bilateral Trade By 2025

India and Russia have called for diversifying and deepening of economic ties in priority sectors to meet the bilateral trade target of $30 billion by 2025, India’s commerce ministry said. The expansion of India-Russia bilateral trade was the focus of a meeting between India’s Commerce Minister Piyush Goyal and Russia’s Deputy Prime Minister Yuri Trutnev between Aug. 11 and Aug. 13 in Vladivostok, Russia.