Current Affairs Daily Digest – August 27 2020
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Current Affairs Daily Digest – August 27 2020
1. India-Bangladesh to open inland waterways
India and Bangladesh will open new inland waterway from September 3, 2020. This is based on the agreement signed by the countries in May 2020 on Inland Water Transit and Trade. The number of IBP (Indo-Bangladesh Protocol) routes were increased from eight to ten.
Several agreements have been signed between India and Bangladesh to unlock the North. Also, several connectivity projects have been launched.
Capital – Dhaka
Prime Minister – Sheikh Hasina
2. Women’s Equality Day 2020
The 100th anniversary of the Women’s Equality Day is being observed in the United States on August 26, to commemorate American women getting the constitutional right to vote. Women’s Equality Day is now often observed across the world to encourage and spread awareness about women’s empowerment.
Women’s Equality Day was first marked in 1972
3. Writer-journalist Gail Sheehy passes away
Writer-journalist, Commentator and Pop sociologist, Gail Sheehy passed away. Her best-selling book “Passages: Predictable Crises of Adult Life” was published in 1976. Sheehy’s honors included the National Magazine Award, the Anisfield-Wolf Book Award and a citation from the American Psychological Association.
Born – 27 November 1936, Mamaroneck, New York, United States
4. World Water Week 2020: 24-28 August
The World Water Week 2020 is observed as the World Water Week at Home (WWWeek at Home) from 24th August to 28th August 2020. The World Water Week is an annual global event organized by Stockholm International Water Institute (SIWI) since 1991.
The theme for World Water Week 2020 at Home is ‘Water and Climate change: Accelerating Action’.
SIWI Executive Director – Torgny Holmgren
SIWI Headquarters – Stockholm, Sweden
5. Axis Bank introduced ‘Liberty Savings Account’ for the Indian Youth
Axis Bank has introduced ‘Liberty Savings Account’ for the Indian Youth, to address the ever-changing lifestyle needs of young and digitally interested Indians.
It offers a complimentary hospital cash insurance cover of up to Rs 20,000 per year, which covers hospital expenses incurred under COVID -19, which makes this a 1st of its kind savings account to cover the pandemic. This account targets to meet the lifestyle requirements of the working class that falls under 35 years of age.
Axis Bank Headquarters – Mumbai, Maharashtra
Axis Bank MD and CEO – Amitabh Chaudhry
6. Vinay Tonse becomes new MD and CEO of SBI Mutual Fund
Vinay Tonse has been appointed as the Managing Director and Chief Executive Officer of SBI Mutual Fund (MF). He will replace Ashwani Bhatia, who has been now appointed as the managing director (MD) of State Bank of India.
SBI Mutual Fund Founded: June 1987
7. Jeff Bezos becomes first person to hit a net worth of $200 billion
Jeff Bezos, Amazon CEO on August 26, 2020, became the first person in the world to hit a net worth of $200 billion. Even amid the COVID-19 pandemic, that affected the businesses and economies, the stocks of the e-commerce platform continue to soar.
Jeff Bezos had founded Amazon in 1994
8. Gujarat tops Niti Aayog’s Export Preparedness Index 2020
Gujarat has been ranked first in the first ever Export Preparedness index 2020 released by NITI Aayog. It is the first of its kind index on the lines of ease of doing business ranking, which has ranked all the states and Union Territories on various parameters of export preparedness and competitiveness.
CEO of Niti Aayog – Amitabh Kant
9. HDFC Bank Partners with Adobe to enable zero touch digital interface
HDFC Bank announced a strategic partnership with Adobe to enhance the digital experience journey of its customers. Powered by Adobe Experience Cloud solutions, this partnership will enable HDFC Bank to deliver personalised digital experiences to existing as well as new customers, at anytime and anywhere.
CEO – Aditya Puri
Headquarters – Mumbai
10. Ministry of Culture announces 7 new circles of ASI
The Union Minister of State for Culture and Tourism (IC), Shri Prahlad Singh Patel has announced 7 new circles of Archaeological Survey of India. These new circles have been formed in Madhya Pradesh, Tamil Nadu, Uttar Pradesh, Karnataka, West Bengal and Gujarat.
Along with the 7 new circles, the minister also added that the Hampi Mini Circle in Karnataka has been converted into a full fledged circle.
Here is the list of all 7 new circles
- Trichy in Tamil Nadu
- Raiganj in West Bengal
- Rajkot in Gujarat
- Jabalpur in Madhya Pradesh
- Jhansi in Uttar Pradesh
- Meerut in Uttar Pradesh
- Hampi in Karnataka
11. Greenko Signs MoU With NTPC to Explore RE and Storage Solutions
Greenko has entered into an agreement with NTPC to explore energy storage and renewable energy (RE) power supply solutions across India.
The objective of the partnership is to explore the possibility of development of renewable energy-based round-the-clock, flexible and dispatchable power supply offerings based on the integration of RE sources and pumped storage projects.
Founded – 1975
Headquarters – New Delhi, India