Important Weekly Current Affairs 2024 News - September 08th to 14th

Dear Readers, Here we have given the list of Important Weekly Current Affairs of Sep 08th to 14th Sep 2024. Candidates those who are preparing for Upcoming SBIClerk 2024 and other competitive exams can make use of it.

Weekly Current Affairs Sep 08th to 14th PDF Download

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CURRENT AFFAIRS: IMPORTANT DAYS

  • International Vulture Awareness Day (IVAD) is observed annually on the first Saturday of September to spotlight the world’s most endangered group of birds—vultures
  • On September 7, the world observes the International Day of Police
  • Every year on 7th September, the world observes World Duchenne Muscular Dystrophy Day to raise awareness about Duchenne muscular dystrophy (DMD), a rare degenerative disease that progressively weakens muscles, eventually impacting the entire body
  • Every year 8th of September is observed as World Physical Therapy Day
  • World Literacy Day or International Literacy Day is observed each year on the 8th of September.
  • World Suicide Prevention Day (WSPD): Observed annually on September 10 since 2003, WSPD was established by the International Association for Suicide Prevention (IASP) in collaboration with the World Health Organization (WHO).
  • National Forest Martyrs Day is observed annually on September 11th.
  • Every year 14th September is celebrated as a Hindi Diwas or Hindi day.

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CURRENT AFFAIRS: NATIONAL NEWS

  • Maharashtra Chief Minister Eknath Shinde commended the winners of the National e-Governance Awards, referring to them as revolutionaries making lives easier for citizens across the country
  • An international conference titled “Spectrum of Literacy” was chaired by Shri Sanjay Kumar, Secretary of the Department of School Education and Literacy (DoSEL), at the CIET, NCERT, New Delhi
  • In honor of National Sports Day 2024, coinciding with the birth anniversary of hockey legend Major Dhyan Chand, the Ministry of Information and Broadcasting hosted the inaugural “Khel Utsav 2024” from August 27 to August 30, 2024
  • In alignment with the Hon’ble Prime Minister’s vision to eliminate tuberculosis (TB) from India by 2025—five years ahead of the global Sustainable Development Goals—the Union Ministry of Health & Family Welfare has approved the introduction of the BPaLM regimen for treating Multi-Drug-Resistant Tuberculosis (MDR-TB).
  • Union Home Minister and Minister of Cooperation, Shri Amit Shah, presided over a significant event in Mumbai, Maharashtra, marking the release of the '200 Not Out' documentary chronicling the illustrious journey of Mumbai Samachar, Asia's oldest newspaper.
  • The Union Ministry of Textiles has launched the VisioNxt web portal to establish India as a global fashion leader.
  • Union Heavy Industries Minister D. Kumaraswamy has announced that the third phase of the Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles (FAME-III) will be introduced in approximately two months.
  • The first Foundation Day of the Indian Cyber Crime Coordination Centre (I4C) was held at Vigyan Bhavan, New Delhi.
  • The Indian government is set to begin the registration of farmers across the country to provide them with a unique ID similar to Aadhaar.
  • Prime Minister Narendra Modi will inaugurate the fourth edition of the Global RE-INVEST Renewable Energy Investors Meet and Expo
  • The Ministry of New and Renewable Energy (MNRE) has released a draft proposal for India's Green Hydrogen Certification Scheme
  • Prime Minister Narendra Modi chaired the first meeting of the Governing Board of the Anusandhan National Research Foundation (ANRF) at his residence
  • Union Home Minister and Minister of Cooperation, Shri Amit Shah, will address the first foundation day celebration of the Indian Cybercrime Coordination Centre (I4C) on September 10, 2024, in New Delhi.
  • India will join the Financial Action Task Force’s (FATF) top performers club on September 19, 2024.
  • The Union government is poised to introduce a social safety net for India’s estimated 7.7 million gig economy workers
  • Messe Muenchen India (MMI) is hosting its largest-ever edition of Electronica India and Productronica India in 2024.
  • The Indian government has taken a significant step to promote green mobility with the approval of a new Rs 14,335-crore incentive scheme for the electric vehicle (EV) sector
  • The Ministry of Rural Development, under the leadership of Minister Shivraj Singh Chouhan, has approved a series of road construction projects across three Indian states—Madhya Pradesh, Maharashtra, and Kerala.
  • The Union Cabinet has approved the fourth phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY), the flagship rural roads programme, with a significant outlay of Rs 70,125 crore over the next five years
  • The Union Cabinet, led by Prime Minister Narendra Modi, has approved a proposal by the Ministry of Power to modify the scheme for budgetary support for the Enabling Infrastructure for Hydro Electric Projects (HEP)
  • In a significant step towards enhancing healthcare access for the elderly, the Union Cabinet has approved the expansion of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to cover all senior citizens aged 70 years or above.
  • India is making significant strides in becoming a global hub for semiconductor manufacturing, with the government approving investments exceeding $15 billion in the sector.
  • Telecom Minister Jyotiraditya Scindia announced that 25,000 villages currently lacking telecom and mobile internet connectivity will be connected by mid-2025 as part of India's efforts to achieve "full saturation" in telecom coverage
  • The Ministry of New and Renewable Energy (MNRE) is actively engaging with financial institutions, including public and private sector banks, to secure funding for India’s ambitious goal of installing 500 GW of non-fossil fuel capacity by 2030
  • The Open Network for Digital Commerce (ONDC) has launched an app named ‘ONDC Network: How to Shop’ to raise awareness among consumers on utilising the network for shopping
  • Union Minister Rajiv Ranjan Singh announced the goal to increase annual seafood exports from around ₹60,000 crore to ₹1 trillion

CURRENT AFFAIRS: INTERNATIONAL NEWS

  • The 2024 Edition of the Chief Science Advisers’ Roundtable (CSAR) is scheduled to be organised at the headquarters of the United Nations Educational, Scientific and Cultural Organization (UNESCO) in Paris, France.
  • External Affairs Minister S. Jaishankar attended the first India-Gulf Cooperation Council (GCC)  Foreign Ministers' Meeting in Riyadh on September 08 & 09, 2024 to strengthen ties between India and the Gulf nations.
  • The second India-Japan Finance Dialogue was held in Tokyo on September 6, 2024.
  • Mexico became the first country to allow voters to elect judges at all levels.

CURRENT AFFAIRS: STATE NEWS

  • The United Nations World Food Programme (WFP) and the Government of Odisha launched India’s first around-the-clock grain dispensing machine, the 'Grain ATM,' also known as 'Annapurti' (Hindi for fulfiller of food), in the state capital Bhubaneswar.
  • Odisha Chief Minister Mohan Charan Majhi launched the CM Kisan Yojana by releasing the first instalment of ₹925 crore to benefit nearly 46 lakh farmers.
  • Odisha Chief Minister Mohan Charan Majhi attended the ground-breaking ceremony for India’s first silicon carbide manufacturing facility in Odisha, with an investment of ₹620 crore.

CURRENT AFFAIRS: BUSINESS NEWS

  • India has recently surpassed China in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI), according to an announcement by Morgan Stanley
  • Swiggy, India’s leading on-demand convenience platform, has partnered with the Ministry of Skill Development and Entrepreneurship (MSDE) to launch "Swiggy Skills."
  • India's global capability centres (GCCs) have dramatically transformed the tech landscape over the past five years
  • The Ministry of Commerce and Industry has introduced the “Trade Connect e-Platform”, a new online tool designed to streamline and enhance foreign trade for existing and aspiring exporters
  • IREDA Global Green Energy Finance IFSC Limited, a wholly-owned subsidiary of the Indian Renewable Energy Development Agency (IREDA), has secured provisional registration from the International Financial Services Centre Authority (IFSCA) to operate as a finance company in GIFT City
  • The Index of Industrial Production (IIP) for July 2024 shows a growth rate of 4.8%, a slight increase from 4.7% in June 2024
  • The Finance Ministry has introduced significant modifications to the compounding rules under the Foreign Exchange Management Act (FEMA), aimed at simplifying processes and enhancing efficiency in adjudications.
  • Retail inflation for August 2024 inched up to 3.65%, slightly above the July figure of 3.6%, which was a five-year low.
  • Retail food inflation increased to 5.66% in August 2024 from 5.42% in July 2024 due to elevated prices of pulses, cereals, and vegetables
  • Reports suggest HAL may be upgraded from Navratna to Maharatna by the end of this year.

CURRENT AFFAIRS: BANKING AND ECONOMY

  • Max Life Insurance Company Limited has entered into a bancassurance partnership with CSB Bank, a private sector bank in India.
  • The National Bank for Agriculture and Rural Development (NABARD) is in discussions with international agencies to establish a carbon fund aimed at addressing challenges posed by climate risk, according to Chairman Shaji K V at the FIBAC conference in Mumbai, Maharashtra.
  • Chennai-based fintech startup, Paysharp has received final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA).
  • The Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group, and the International Solar Alliance (ISA) have established the MIGA-ISA Solar Facility, a multi-donor trust fund.
  • The Securities and Exchange Board of India (SEBI) has set up a 22-member advisory committee to streamline the rules for listing obligations and disclosures.
  • Airtel Payments Bank has collaborated with wearables maker Noise and the National Payments Corporation of India (NPCI) to launch a National Common Mobility Card (NCMC)-enabled smartwatch integrated with the RuPay chip.
  • SBI Life Insurance has unveiled a new digital film to support the Indian contingent for the Paralympic Games Paris 2024.
  • India’s Federal Bank has launched SmilePay™, a facial authentication technology that will enable customers to complete transactions using only their faces.
  • Aditya Birla Capital Digital Limited ("ABCDL"), the digital-first arm of India's leading financial services conglomerate, Aditya Birla Capital, announced the launch of a suite of three new product offerings - DigiGold Gifting, Family Health Scan and SIMPLiNVEST on ABCD, omnichannel D2C platform at the Global Fintech Festival.
  • The State Bank of India (SBI) introduced three new offerings targeting the daily commuters.
  • India Post Payments Bank (IPPB), a key player in driving financial inclusion across the country, celebrated its 7th Foundation Day (IPPB Day) on 1st September, 2024.
  • HDB Financial Services (HDBFS), is the first non-banking financial company (NBFC) to integrate the National Payments Corporation of India (NPCI)'s e-KYC Setu System.
  • South Indian Bank and Sohan Lal Commodity Management (SLCM) have announced a collaboration to deliver “Unified Collateral Management Solutions,” aimed at supporting farmers and other stakeholders within the agricultural ecosystem.
  • The Indian rupee was the second-worst-performing Asian currency in August 2024 after the Bangladeshi taka due to strong dollar demand and outflows from domestic equities.
  • The World Bank, urged India to re-evaluate its regional integration strategy, including its decision not to join the Regional Comprehensive Economic Partnership (RCEP), as part of its plan to achieve the $1 trillion export target by 2030.
  • Unified Payments Interface (UPI), which has emerged as the world's most popular alternative payments method (APM), processed transactions to the tune of ₹80.8 lakh crore ($964 billion) in April-July 2024, a sharp 37% year-on-year (y-o-y) surge compared to the same timeframe the previous year.
  • Tata AIA Life Insurance Company Limited, one of India’s leading life insurance agencies, has launched its offshore branch at Gujarat International Finance Tech-City (GIFT City), India’s first International Financial Services Centre (IFSC).
  • Mastercard has announced the worldwide launch of its new Payment Passkey Service to enhance the security and convenience of online shopping.
  • POP, a fintech enabler for direct-to-consumer brands started by former Flipkart employees, has introduced India’s first multi-brand co-branded credit card developed in collaboration with RuPay and Yes Bank.
  • Recently, the Reserve Bank of India (RBI) turned down Canara Bank’s proposal to set up a separate credit card subsidiary.
  • The 54th meeting of the Goods and Services Tax Council chaired by Finance Minister Nirmala Sitharaman concluded in New Delhi
  • BoB receives a 2.8X subscription for its ₹5,000 cr infra bond issuance
  • Union Bank of India has announced its decision to join the Partnership for Carbon Accounting Financials (PCAF), an international alliance of financial institutions dedicated to standardizing the measurement and disclosure of greenhouse gas emissions related to loans and investments.
  • RBL Bank has launched the 'Xtra Credit Card' in partnership with Indian Oil Corporation (IOCL), providing customers with fuel savings.
  • State Bank of India (SBI) is expected to raise up to ₹7,500 crore through the issuance of tier-2 bonds.
  • The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1.91 crore on Axis Bank Limited.
  • The Reserve Bank of India (RBI) has imposed a monetary penalty of  ₹1 crore on HDFC Bank Limited for non-compliance with certain directions issued by RBI on ‘Interest Rate on Deposits’, ‘Recovery Agents engaged by Banks’ and ‘Customer Service in Banks’ read with the BCSBI Code and ‘Guidelines on Managing Risks and Code of Conduct in Outsourcing of Financial Services by banks’.
  • The Reserve Bank of India (RBI) has clarified to banks that Overseas Citizens of India (OCI) cardholders are eligible for education loans for studies abroad, provided they are residing in India.
  • The Deposit Insurance and Credit Guarantee Corporation (DICGC) has introduced an online tool named Daava Soochak, designed for depositors to track the status of their insurance claims.
  • The Reserve Bank of India (RBI) has imposed monetary penalties on three Non-Banking Financial Companies (NBFCs) for non-compliance with RBI directions related to housing finance companies.
  • PayMate, India's leading digital B2B payments company, has announced its partnership with NPCI Bharat BillPay Limited. (NBBL) to launch the innovative PayMate BBPS-B2B platform.
  • AU Small Finance Bank (AU SFB) and state-owned United India Insurance Company (UIIC) announced a strategic partnership to distribute general insurance solutions to the bank's customers.
  • The Securities and Exchange Board of India (SEBI) has revised the framework for margin trading facilities (MTF) to reduce the burden of additional collateral.
  • More than seven small finance banks (SFBs) have increased their fixed deposit (FD) rates to above 8% for two-year tenures in competition with major banks like State Bank of India (SBI) and HDFC Bank.
  • Bank of Baroda, one of the lenders in Supertech Group has approved and sanctioned the resolution plan for the company’s Dehradun project paving the way for delivery of over 600 homebuyers.
  • The Finance Ministry has come out with new rules for the processing of compounding applications under the Foreign Exchange Management Act (FEMA).
  • The Reserve Bank of India (RBI) proposed that banks hold an additional 5% "run-off factor" on digitally accessible retail deposits to manage risks of mass withdrawals via digital platforms like the Internet or mobile banking.
  • The National Bank for Financing Infrastructure and Development (NaBFID) has been officially notified as a public financial institution under the Companies Act, 2013.
  • HDFC Bank Ltd., India’s largest private sector lender, is in talks with several global banks to offload as much as Rs 8,400 crore ($1 billion) in loans to reduce its credit book and bring it more in line with deposits.
  • According to the Calendar for Auction of Government of India Treasury Bills for the Quarter ending September 2024, the auctions were initially scheduled for September 18, 2024, and September 25, 2024.
  • State Bank of India (SBI) has sanctioned ₹10,050 crore to Damodar Valley Corporation (DVC) for its ultra-super critical thermal power project.
  • The Insurance Regulatory and Development Authority of India (IRDAI) has fined SBI Life Insurance ₹1 crore for regulatory violations.
  • The International Cooperative Alliance (ICA) General Assembly and the Global Cooperative Conference 2024 are scheduled to take place from November 25th to November 30th, 2024, at Bharat Mandapam, Pragati Maidan, New Delhi.
  • The proposed stake sale of Yes Bank has encountered a regulatory roadblock as the Reserve Bank of India (RBI) is reluctant to allow a foreign institution to hold a majority stake in the bank.

CURRENT AFFAIRS: AWARDS AND HONOURS

  • Union Environment Minister Bhupender Yadav and Chief Minister of Rajasthan Bhajan Lal Sharma presented the Swachh Vayu Survekshan Award, 2024
  • Sanjukta Sethi, a dedicated nursing officer at the Malkangiri district headquarters hospital (DHH), was honoured with the prestigious National Florence Nightingale Award-2024 by President Droupadi Murmu at Rashtrapati Bhawan.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

  • Algeria's incumbent President Abdelmadjid Tebboune has been re-elected with almost 95% of the vote.
  • Arun Goel has been appointed as India's next ambassador to Croatia, according to the Ministry of External Affairs.
  • Tuhin Kanta Pandey, a senior bureaucrat and 1987-batch Indian Administrative Service (IAS) officer of the Odisha cadre, has been designated as the new finance secretary, according to an official order issued by the personnel ministry.
  • Randhir Singh, a five-time Olympian and sports administrator, has been elected as the President of the OCA.
  • The Society of Indian Automobile Manufacturers (Siam), the apex body representing India’s leading automobile manufacturers, announced the election of Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles, as its new president for the term 2024-25.
  • Partha Sinha, President & Chief Brand Officer of BCCL, has been appointed as the Chairman of the Advertising Standards Council of India’s (ASCI) Board of Governors for 2024-25, succeeding Saugata Gupta, MD & CEO of Marico Limited
  • The Federation of Automobile Dealers Associations (FADA) appointed C S Vigneshwar as its 37th President for the 2024-26 term.
  • Y Haragopal has been appointed Managing Director of NABCONS (NABARD Consultancy Services), a wholly-owned subsidiary of the National Bank for Agriculture and Rural Development.
  • Former Union Minister and Rajya Sabha member Suresh Prabhu has been nominated to the World Agriculture Forum (WAF) Board.

CURRENT AFFAIRS: MOUS AND AGREEMENT

  • Meta has announced a two-year strategic partnership with the Department of Information Technology, Electronics, and Communications (IT, E&C) of the Government of Telangana
  • The US Department of State will collaborate with the India Semiconductor Mission and the Ministry of Electronics and IT of the Government of India.

CURRENT AFFAIRS: RANKING AND REPORTS

  • TIME magazine’s prestigious list of the 100 "Most Influential People in AI 2024," released, includes 15 prominent Indian or Indian-origin individuals.
  • South Indian institutions have consistently secured a significant portion of the top 25 spots in the National Institutional Ranking Framework (NIRF) over the past five years
  • Indira Gandhi International Airport (IGIA) in Delhi has moved up to 24th position in the latest global rankings, improving from 25th in 2023, according to the Official Airline Guide (OAG).
  • India has maintained its leadership position in global cryptocurrency adoption for the second consecutive year, despite facing stringent regulations and high trading taxes.

CURRENT AFFAIRS: ACQUISITION AND MERGERS

  • The Ministry of Corporate Affairs (MCA) has introduced the Deal Value Threshold (DVT) norms, which require mergers and acquisitions (M&As) with a deal value above ₹2,000 crore to be notified to the Competition Commission of India (CCI) for approval.

CURRENT AFFAIRS: DEFENCE NEWS

  • Indian Naval Ship (INS) Tabar, an Indian Navy frontline stealth frigate, commanded by Captain MR Harish, visited Toulon, France from 29 August to 01 September 2024, and later participated in the 22nd edition of Exercise VARUNA from 02 to 04 September 2024 in the Mediterranean Sea.
  • The Indian Navy has signed an agreement with the South African Navy to rescue its Submarine personnel who have met an accident or are in distress in the deep sea.
  • To enhance the skills and capability building of personnel from the Indian Army and Indian Air Force, a Memorandum of Understanding (MoU) was signed with Gati Shakti Vishwavidyalaya, Vadodara.
  • The Indian Navy launched the fourth and fifth ships of the 8 Anti-Submarine Warfare Shallow Water Craft (ASW SWC) project.
  • The Defence Ministry signed a ₹26,000-crore contract with Hindustan Aeronautics Limited (HAL) for 240 aero-engines to power the Indian Air Force's (IAF) Sukhoi-30 MKI fighter aircraft.
  • The Indian Army contingent departed for the 5th edition of India-Oman Joint Military Exercise AL NAJAH.
  • The Defence Research & Development Organisation (DRDO) and the Indian Navy successfully conducted a flight test of the Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM).

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

  • India successfully launched the Agni-4 ballistic missile from the Integrated Test Range (ITR) in Chandipur, Odisha.
  • Indian Immunologicals Limited (IIL) launched its paediatric dose of India’s first indigenous Hepatitis A vaccine, Havisure.
  • The United States (US) government and IIT Madras Research Park are set to announce a partnership focusing on four key areas: solar, green hydrogen, electric vehicles and batteries, and green buildings.
  • IndiGo Airlines has become the first Indian carrier to adopt the Required Navigation Performance Authorisation Required (RNP AR) flight procedure for operations in Kathmandu, which enables safer and more efficient landings at the Tribhuvan International Airport, which is nestled in a valley surrounded by the Himalayas.
  • International Solar Alliance (ISA) has entered into exclusive discussions with Africa50 to serve as a potential investment manager for its proposed Africa Solar Facility (ASF).
  • Hyderabad-based vaccine maker Bharat Biotech and clinical-stage U.S. biotechnology firm Alopexx Inc. will collaborate to co-develop and commercialise anti-microbial vaccine AV0328 in India and other low-income and lower middle-income countries.
  • Indian scientists at the Indian Institute of Science (IISc) have developed a groundbreaking “brain on a chip” technology.
  • Indian Immunologicals Limited (IIL) and the Central Institute of Brackishwater Aquaculture (CIBA) have partnered to develop a commercial vaccine targeting Viral Nervous Necrosis (VNN) in finfish.
  • SpaceX launched its daring Polaris Dawn mission, a multiday orbital expedition carrying a four-member civilian crew for the first spacewalk by non-professional astronauts.
  • Bengaluru-based space technology startup Pixxel, which specialises in cutting-edge hyperspectral earth-imaging technology, has won the largest supplier deal by an Indian company from the National Aeronautics and Space Administration (NASA).
  • The National Aeronautics and Space Administration (NASA) has approved the launch of the Europa Clipper spacecraft scheduled for October, following a review of its capability to withstand Jupiter's intense radiation.

CURRENT AFFAIRS: SPORTS NEWS

  • The Rajasthan Royals, owned by Royals Sports Group, has announced the appointment of Rahul Dravid as their new Head Coach on a multi-year contract
  • India will be represented by archer Harvinder Singh and sprinter Preethi Pal as the flag-bearers at the closing ceremony of the Paris 2024 Paralympics, scheduled.
  • Moeen Ali, at 37 years old, decided to retire from international cricket after recognizing that he was no longer in consideration for England's future assignments.
  • India achieved its best-ever performance at the Paralympics, winning a total of 29 medals (7 gold, 9 silver, and 13 bronze).
  • Goa Challengers defended their title with an emphatic 8-2 win over Dabang Delhi TTC. It was the first time in the league's history that a team was set to become a two-time champion, regardless of the final's outcome.
  • Jannik Sinner becomes the first Italian man to win the U.S. Open and claims his second Grand Slam title after winning the Australian Open earlier this year.
  • Velavan Senthilkumar, a top-seeded Indian squash player, won the ACE Challenger Tour 2024
  • India won a total of 21 medals at the second World Deaf Shooting Championships held in Hanover, Germany.
  • Tayyab Ikram is set to be elected unopposed as the President of the International Hockey Federation (FIH) at its 49th Congress in Muscat, Oman, on November 9
  • The 2024 US Open, held from August 19 to September 8 at Flushing Meadows, Queens, New York City, concluded with historic wins in both the men’s and women’s singles categories
  • Siddharth Choudhary set a new meet record in the men’s shot put event
  • The ICC Men's Cricket World Cup 2023 generated a substantial $1.39 billion economic impact for India.

CURRENT AFFAIRS: OBITUARIES

  • James Earl Jones, the legendary American actor who appeared in films like Star Wars, Field of Dreams, and The Lion King, passed away at the age of 93.
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