Dear Readers, Here we have given the list of Important Weekly Current Affairs of Sep 01st to 07th Sep 2023. Candidates those who are preparing for Upcoming SBI Clerk 2023 and other competitive exams can make use of it.

Weekly Current Affairs September 01st to 07th PDF Download

CURRENT AFFAIRS: IMPORTANT DAYS

• National Nutrition Week is observed from September 1 to September 7 every year & the theme is "Healthy Diet Gawing Affordable for All".
• World Coconut Day is celebrated on September 2 every year.
• International Day of Charity was observed on the 5th of September.
• In India, every year 5th of September is celebrated as National Teachers Day to contribute to our teachers.

CURRENT AFFAIRS : BANKING & FINANCE

• Karnam Sekar, the chairman of the National Asset Reconstruction Company of India (NARCL), commonly referred to as the Bad Bank, has resigned due to differences in the structure and functioning of the institution.
• A team of technology experts of Birla Institute of Technology & Science (BITS) Hyderabad, Telangana, Indian Institute of Technology ( IIT) Bombay, Maharashtra and IIT Kharagpur, West Bengal coordinated by Prasanta Sahu, has won Asian Development Bank’s grant of US$3.99 lakh (₹3.32 crore) to develop Technologies for Urban Transit to Enhance Mobility and Safe Accessibility (TUTEM) to develop, test, and implement it in the public transport systems of Hyderabad.
• The Indian Institute of Technology-Bombay (IIT-B) has partnered with Hong Kong and Shanghai Banking Corporation (HSBC) to pursue technological advancements towards making green hydrogen production more efficient, cost-effective, and
• The Indian Institute of Technology (IIT) Bombay has received a donation of USD 18.6 million (over 153 crore) from an alumnus towards the establishment of a Green Energy and Sustainability Research Hub.
• Savart, one of India's largest investment advisors, launched its maiden and flagship Portfolio Management Service (PMS) called, The Ad Astra Fund -World's First Fully Automated Investment Fund, in Hyderabad, Telangana.
• Shriram Housing Finance Limited (SHFL), a leading affordable housing finance company, having in over 130 branches in India with 65,000 customers and International Finance Corporation (IFC), a member of the World Bank, announced a partnership to launch an affordable green housing lending product for self-constructed homes in India.
• Muthoot Fincorp Limited (MFL), a kerala based flagship entity of Muthoot Pappachan Group (Muthoot Blue), has introduced "Muthoot FinCorp ONE," a cutting-edge digital platform to offer an integrated range of financial solutions, including lending, investments, protection, and payments, all accessible through a single app.
• The Reserve Bank of India's (RBI) liberalised remittance scheme (LRS) has displayed remarkable growth, with a 64% surge in outward remittances, reaching $9.1 billion in the first quarter of fiscal year 2023-24.
• Market Regulator Securities and Exchange Board of India (SEBI) has introduced a set of fresh guidelines aimed at bolstering cyber security and resilience among Market Infrastructure Institutions (MIIs), including stock exchanges, clearing corporations, and
• The Capital Market Regulator Securities and Exchange Board of India (SEBI) has reconstituted its Alternative Investment Policy Advisory Committee and advises it on a range of issues impacting the further development of the Alternative Investment Fund (AIF) space.
• Fitch Ratings has reaffirmed the credit ratings of 6 major public sector banks in India including State Bank of India (SBI), Bank of Baroda (BoB), Punjab National Bank (PNB), Canara Bank, Bank of India (BoI), and Union Bank of India (UBI), have all received a BBB- rating with a stable outlook.
• Walmart-backed payments giant PhonePe has introduced its stock broking platform, named Share(dot)Market, as part of its efforts to diversify its financial services.
• The Securities and Exchange Board of India (SEBI) has instructed Market Infrastructure Institutions (MIIs) to establish and operate a unified Online Dispute Resolution Portal (ODR Portal).
• The National Payments Corporation of India (NPCI) has introduced 'Falcon,' an open-source project designed to simplify the management and utilization of blockchains based on ‘Hyperledger Fabric' and supported on Kubernetes clusters.
• Mastercard, a global technology company in the payments industry, has introduced an ALT ID (Alternate Identifier) solution for guest checkout transactions.
• As per Reserve Bank of India’s (RBI’s) data on sectoral deployment of credit, Bank credit registered a robust growth of 3% year-on-year (y-o-y) in June 2023 as compared with 15% in 2022 on the back of strong demand for credit from sectors such as services, retail and agriculture, and allied activities.
• The Reserve Bank of India (RBI) has allowed scheduled commercial banks (SCBs) (excluding Payment Banks, Small Finance Banks, and Regional Rural Banks) are now allowed to facilitate payments using pre-sanctioned credit lines for individuals with their prior consent through the Unified Payments Interface (UPI) system.
• The State Bank of India (SBI) has introduced UPI interoperability with its Digital Rupee (eRupee), also known as Central Bank Digital Currency (CBDC) to enhance customer convenience.
• Capital markets regulator Securities and Exchange Board of India (SEBI) came out with a proposal to set up a Performance Validation Agency (PVA) to validate any claims of performance by registered intermediaries including investment advisers, research analysts and portfolio managers.
• Reserve Bank of India (RBI) Governor Shaktikanta Das has been awarded an 'A+' rating in the Global Finance Central Bank Report Card 2023.
• Bajaj Auto Consumer Finance Limited (BACFL), a wholly-owned subsidiary of Bajaj Auto has received a certificate of registration from Reserve Bank of India (RBI) to carry out operations as a non-deposit taking non-banking financial company (NBFC).
• State-owned Punjab National Bank (PNB) has launched the PNB GST Sahay App, a mobile application based on the Goods and Services Tax (GST) Sahay scheme, an end–to-end digital product under which lending can be done using GST invoices.
• India and Singapore piloted the first live paperless transaction using the Trade Trust platform, marking a milestone in the digital connection between India and Singapore.
• The Competition Commission of India (CCI) has imposed a penalty of Rs 40 lakh on NTPC Limited for the offence of gun jumping.
• The Reserve Bank of India (RBI) has sanctioned the Scheme of Amalgamation of The Navanirman Co-operative Urban Bank Limited, Hyderabad, Telangana with Rajadhani Co-op. Urban Bank Ltd, Hyderabad, Telangana.
• State Bank of India (SBI) has introduced a new feature that allows customers to enrol in social security schemes by providing their Aadhaar card.
• Paytm has introduced the Paytm Card Soundbox, a device designed to facilitate mobile and card payments, including Visa, Mastercard, American Express, and RuPay.
• Federal Bank has introduced a WhatsApp Lending Platform to facilitate the application process for pre-approved personal loans.
• Indian Bank has partnered OneCard to introduce mobile-first, contactless and metal-co-branded credit cards.
• Shivalik Small Finance Bank, headquartered in North India, has entered into a partnership with Falcon, a fintech company for developing financial products like instant Digital Fixed Deposits (FDs) and savings accounts.
• ManipalCigna Health Insurance has been appointed as the lead health insurer by the Insurance Regulatory and Development Authority of India (IRDAI) for the State Insurance Awareness Plan in
• SBI Card, the largest credit card issuer in India, has introduced new features for its super premium card named 'AURUM targeted at C-suite executives and high net-worth individuals.
• Indian Bank became the 1st Public Sector Bank (PSB) to extend the facility of execution of on-line locker agreement through Digital Document Execution (DDE) Platform of National E-Governance Services Limited (NeSL), India's 1st Information Utility and is registered with the Insolvency and Bankruptcy Board of India (IBBI).

CURRENT AFFAIRS: NATIONAL NEWS

• Minister of Civil Aviation, Shri Jyotiraditya M Scindia along with Gen. Vijay Kumar Singh (Rtd.) MoS, Ministry of Civil Aviation inaugurated Utkela Airport and a direct flight between Utkela and Bhubaneshwar.
• President Draupadi Murmu launched the state-level program of “Year of Positive Change” at Prajapita Brahmakumari Ishwariya Vishwavidyalaya in Raipur, Chhattisgarh.
• The Ministry of Electronics and Information Technology (MeitY) will be organizing the Global IndiaAI 2023, scheduled for October 2023.
• The addition of 6 new members to the BRICS grouping will see it controlling 46% of the world's population and 30% of its economic output.
• The Union Cabinet has given the green light to the National Policy on Research and Development and Innovation in the Pharma-MedTech Sector.
• The Sixth Rashtriya Poshan Maah begins and the Government is celebrating it throughout September this year.
• The Archeological Survey of India (ASI) has 3696 monuments under protection, which are spread throughout the country.
• The International Solar Alliance (ISA) hosted its 5th regional meeting in Kigali, Rwanda supported by the Government of Rwanda, with 36 countries and Ministers of 15 countries participating.
• The combined Index of Eight Core Industries (ICI) increased by 8.0 per cent (provisional) in July 2023 as compared to the Index of July 2022.
• Reliance-backed Viacom18 has bagged BCCI TV and digital rights, in a five-year deal worth ₹5,963 crore.
• Good performance of agriculture and financial sectors helped the Indian economy to grow by 7.8 per cent in the April-June quarter of fiscal year 2023-24 (Q1FY24), Statistics office reported.
• The Union Home Minister and Minister of Cooperation, Shri Amit Shah, launched the Amrit Kalash Yatra under the 'Meri Mati-Mera Desh' campaign in New Delhi.
• Union Minister of Fisheries, Animal Husbandry and Dairying, Shri Parshottam Rupala will chair a one-day “National Conference on KCC for Fisheries” at Yashwantrao Chavan Centre in Mumbai, Maharashtra.
• On the third day of the Sagar Parikrama Phase VIII, Minister of Fisheries, Animal Husbandry & Dairying, Shri Parshottam Rupala laid the Foundation Stone for the establishment of Multi-Purpose Seaweed Park in Tamil Nadu.
• Shri Jyotiraditya M Scindia, Union Minister for Civil Aviation & Steel, inaugurated the ‘International Aerospace Conference: Moving Towards Inclusive Global Value Chains’.
• The three-day G20 technical workshop on Climate Resilient Agriculture was inaugurated by the union Minister of State for Agriculture and Farmers Welfare Ms Shoba Karandlaje at Shamshad in Hyderabad.
• Minister of State for Culture Meenakshi Lekhi launched Adopt a Heritage 2.0 programme in New Delhi to enhance the visitor experience at the Heritage Site.
• Union Health Minister Mansukh Mandaviya inaugurated the Amrita Patel Centre of Public Health in Anand in Gujarat
• Union Minister for Education and Skill Development & Entrepreneurship Shri Dharmendra Pradhan launched a 3-year partnership “Education to Entrepreneurship: Empowering a Generation of Students, Educators and Entrepreneurs” between the Ministry of Education, Ministry Skill Development & Entrepreneurship and Meta in New Delhi.
• The National eGovernance Division (NeGD) will integrate Personalised Adaptive Learning (PAL) into the Digital Infrastructure for Knowledge Sharing (DIKSHA) platform.
• The government has granted deemed university status to the National Council of Educational Research and Training (NCERT).
• Prime Minister Narendra Modi will be on a two-day visit to Indonesia to attend the 20th ASEAN-India Summit and 18th East Asia Summit.
• In the run-up to the 18th G20 Summit, a day-long conference on "Green Hydrogen Pilots in India" was held in New Delhi.
• The Jal Jeevan Mission (JJM) achieved another milestone of providing tap water connections to 13 Crore rural households.
• The world's tallest Nataraja statue has been installed at Bharat Mandapam, the venue of the G20 summit in Delhi.
• Average processing time of Income Tax Returns (ITR) has been reduced to ten days in the Assessment Year 2023-24.
• India has built the world’s first disaster hospital that can be airlifted, packed in 72 cubes.

CURRENT AFFAIRS : INTERNATIONAL NEWS

• The Kathmandu-Kalinga Literary Festival, spanning 3 days, concluded in Lalitpur, Nepal.

CURRENT AFFAIRS : STATE NEWS

• Uttar Pradesh (UP) has emerged with the highest adoption rate of electric vehicles in the country, with 1,70,269 electric vehicles registered in the state.
• Delhi Environment and Forest Minister Gopal Rai launched a portal evanlekh.eforest.delhi.gov.in to enhance public awareness about the forest and wildlife sanctuary areas that need protection.
• Dravida Munnetra Kazhagam (DMK) President and Chief Minister of Tamil Nadu, K. Stalin, has initiated a series of podcasts titled "Speaking for India" as part of his campaign against the BJP-led Union government.
• Kerala Chief Minister (CM) Shri Pinarayi Vijayan has launched the statewide membership card of Kerala Startup Mission (KSUM) ‘LEAP (Launch,Empower,Accelerate, Prosper) Coworks’ and also inaugurated the refurbished headquarters of KSUM in Thejaswini Building, Technopark Phase 1, Thiruvananthapuram, Kerala.

CURRENT AFFAIRS: BUSINESS NEWS

• State-owned ONGC plans to invest around ₹2 trillion towards its energy transition efforts until 2038.
• Coal Production in the country grew by 12.85 percent to 67.65 Million Tonnes in the month of August this year as compared to 59.95 Million Tonnes in the same month of last year.
• Up-front tax devolutions and higher expenditure pushed the Centre’s fiscal deficit to Rs 6.1 lakh crore or 34 percent of the budget estimate during the April-July period of the current fiscal (2023-24).
• Indian Oil Corporation (IOC) plans to spend about ₹2.4 lakh crore to achieve its net-zero operational emissions target by 2046.
• Tata Consultancy Services (TCS) has expanded its long-standing partnership with Athora Netherlands (formerly VIVAT) to help the Dutch life insurance and pension provider with a better IT operating model to enhance customer experience, operational resilience and business agility.
• The Competition Commission of India (CCI) has imposed a penalty of Rs 1 crore on Bharti Airtel for failure to comply with the provisions of Section 6(2) of the Competition Act, 2002.
• Amazon has announced a $15-million allocation for nature-based solutions in the Asia-Pacific (APAC) region.
• Digital payments provider Pine Labs has launched Mini, a cheaper variant of its point-of-sale (PoS) device, which will allow merchants to accept both quick response (QR)-based and card-based payments.

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

• Geetika Srivastava, an Indian Foreign Service (IFS) officer of the 2005 batch, has created history by becoming the first-ever female Charge d'Affaires (CDA) at the Indian High Commission in Islamabad, Pakistan.
• Justice Ramana took part in the ‘Singapore Convention Week’, the annual convention organised by Singapore’s Ministry of Law, the United Nations Commission on International Trade Law (UNCITRAL) and over 20 partner organisations.
• Indian Oil Corporation Limited (IndianOil - IOCL) is strategically expanding its presence in the commercial and industrial LPG segment and for that IndianOil has chosen celebrity chef Sanjeev Kapoor as the brand ambassador for its Indane XTRATEJ LPG brand.
• Amazon has signed an agreement with India Post to simplify cross-border logistics for MSME exporters.
• The Appointments Committee of the Cabinet (ACC) has approved the appointment of Jaya Varma Sinha as Chairperson & Chief Executive Officer (CEO) of Railway Board.
• Brigadier General Brice Clotaire Oligui Nguema, Commander-in-Chief of the Gabonese Republican Guard, is set to be sworn in as the "transitional president" of Gabon.
• The Competition Commission of India (CCI) has granted a 3-month extension to Atul Verma, its Director-General (DG), effective from September 1, 2023.
• Indian-origin Singapore economist and Former Senior Minister Tharman Shanmugaratnam (66 years) has been elected as the 9th President of Singapore.
• Uday Kotak, the founder and long-standing Managing Director (MD) and Chief Executive Officer (CEO) of Kotak Mahindra Bank Limited (KMBL), stepped down from his role on September 1, 2023, ahead of his term coming to an end by December 31, 2023.
• Manish Desai, a senior Indian Information Service (IIS) officer, has been appointed as the Principal Director General of the Press Information Bureau (PIB).
• The Ministry of Information and Broadcasting (MIB) appointed actor R Madhavan as the president of the Film and Television Institute of India (FTII) Society and chairperson of the governing council.
• Rajesh Nambiar, Chairman and Managing Director (CMD) of Cognizant India, has been appointed as the Chairperson of the National Association of Software and Services Companies (Nasscom).
• Four-time Vanuatu Prime Minister (PM) Sato Kilman has been picked for the top job for a record 5th time, ending Alatoi Ishmael Kalsakau’s 9-month reign as leader of the government.

CURRENT AFFAIRS: AWARDS AND HONOURS

• Oncologist Ravi Kannan, a recipient of India’s fourth-highest civilian award Padma Shri and the director of Assam’s Cachar Cancer Hospital and Research Centre (CCHRC), has been named one of the four winners of the 2023 Ramon Magsaysay Award, Asia’s equivalent of the Nobel prize.

CURRENT AFFAIRS : ACQUISITIONS & MERGERS

• SoftBank Vision Growth Fund has divested a 1.17% stake in Zomato, a notable food delivery firm, as part of a transaction valued at ₹947 crore ($114.7 million).
• The Competition Commission of India (CCI) has approved the merger of Tata SIA Airlines Limited (TSAL) into Air India Limited (AIL), and the acquisition of certain shareholding by Singapore Airlines in Air India subject to compliance of voluntary commitments offered by the parties.
• LIC Mutual Fund (LIC MF) has completed the takeover of schemes of IDBI Mutual Fund.

CURRENT AFFAIRS : DEFENCE NEWS

• The Vice-President of India, Jagdeep Dhankhar along with his wife Dr. Sudesh Dhankhar, launched the warship ‘Mahendragiri’ built at M/s Mazagon Dock Shipbuilders Limited (MDL) in Mumbai, Maharashtra.
• The Indian Air Force (IAF) is conducting a training exercise named "Trishul" to test its combat readiness.

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

• The Laser-Induced Breakdown Spectroscopy (LIBS) instrument onboard 'Pragyan' rover of Chandrayaan-3 has “unambiguously confirmed" the presence of sulphur on the lunar surface near the south pole, through first-ever in-situ measurements.
• The Indian Space Research Organisation (ISRO) released a graph of the temperature variation between the moon’s surface and a point around 8 cm below as measured by an instrument named ChaSTE probe.
• Japan prepares to launch a dual-purpose mission from one rocket, deploying SLIM or Smart Lander to investigate the Moon to showcase precise moon landing techniques and XRISM for enhanced celestial analysis.
• A government engineering firm, Bharat Heavy Electricals Limited (BHEL) manufactured India’s 1st set of Catalysts for Selective Catalyst Reactors (SCR) for limiting Oxides of Nitrogen (NOx) emissions from thermal power plants.
• The Indian Space Research Organisation (ISRO) successfully launched the Aditya-L1 (Lagrange Point 1) orbiter, India's first solar mission, using the Polar Satellite Launch Vehicle (PSLV-C57) rocket from the Second Launch Pad (SLP) of the Satish Dhawan Space Centre (SDSC) in Sriharikota, Andhra Pradesh (AP).
• The Indian Space Research Organisation (ISRO)’s PSLV-C56 rocket successfully launched Singapore's DS-SAR satellite and 6 co-passenger payloads from the first launch-pad (FLP) of Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh (AP).
• Hyderabad-based company Grene Robotics has initiated the demonstration of its weapons platform 'Indrajaal,'the world's only autonomous wide area anti-drone, Counter-Unmanned Aircraft System (C-UAS), in Hyderabad.
• ‘Nabhmitra’, a device developed by Indian Space Research Organisation (ISRO)-Space Applications Centre (Ahmedabad, Gujarat) for the safety of fishermen, was successfully tested at Neendakara,a coastal area in Kollam city, Kerala.

CURRENT AFFAIRS: MOUS AND AGREEMENT

• A Memorandum of Understanding (MoU) was signed between Directorate General Resettlement (DGR) under Department of Ex-Servicemen Welfare, Ministry of Defence and M/s Genpact India Private Limited in New Delhi.
• A momentous collaboration has been cemented as the Ministry of Social Justice & Empowerment and the National Safai Karamcharis Finance and Development Corporation (NSKFDC) inked a Memorandum of Understanding (MoU) for the fiscal years 2023-24 and 2024-25.
• India and Kenya agreed to further deepen cooperation in maritime security in the Indian Ocean region.
• NTPC Limited and Oil India Limited have signed a Memorandum of Understanding to explore collaboration in the areas of renewable energy, green hydrogen and its derivatives, and decarbonization initiatives including through use of geothermal energy.
• NCDEX, one of India’s leading future exchanges, will sign a memorandum of understanding (MoU) with the Maharashtra government to subsidize turmeric growers to take part in options trading.
• Indian Renewable Energy Development Agency Ltd. (IREDA) has signed Memorandums of Understanding (MoUs) with the Union Bank of India (UBI) and Bank of Baroda (BoB).
• Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with India Infrastructure Finance Company Ltd (IIFCL), to finance renewable energy projects.
• The Ministry of Tourism, Government of India, in collaboration with the United Nations World Tourism Organization (UNWTO), unveiled the G20 Tourism and SDG Dashboard.
• The Department of Posts, as part of its ongoing initiatives to create an export ecosystem for e-commerce in the country, entered into an agreement with Bigfoot Retail Solution Pvt Ltd (Shiprocket), one of th e leading e-commerce enablement platforms.

CURRENT AFFAIRS: SPORTS NEWS

• Newly-crowned world champion Neeraj Chopra finished second with a final round throw of 85.71 m in the men's javelin event of the Diamond League Meeting at Zurich.
• Teenager Grandmaster D. Gukesh has replaced the legendary Viswanathan Anand as India's top chess player after more than three decades.
• India was crowned Asian Hockey 5s champions after beating Pakistan 6-4 after penalty shootouts in the final.
• Danielle McGahey, 29, is set to become the first transgender woman player to play in international cricket.
• Mohun Bagan clinched the Durand Cup 2023 trophy beating East Bengal 1-0 at the Salt Lake Stadium in Kolkata.
• Climate Football Cup 2023, the first-ever professional football tournament in the Union Territory of Ladakh,
• Thailand spinner Nattaya Boochatham created history with a three-wicket haul during the ICC Women's T20 World Cup Asia Region Qualifier game against
• Amul will be the Official Sponsor of the Indian Contingent for the XIX Asian Games 2022 to be held in Hangzhou, China from September 23 to October 8 2023.
• IndusInd Bank has agreed to a multi-year sponsorship deal with the International Cricket Council (ICC), beginning with the men's Cricket World Cup in India.

CURRENT AFFAIRS : OBITUARIES

• Jimmy Buffett, the American singer-songwriter who transformed from a laid-back Key West resident into a billionaire responsible for the perpetual "Margaritaville" lifestyle brand, has passed away at the age of 76.
• Former Kerala speaker and senior Congress leader Vakkom Purushothaman passed away at the age of 95 in Thiruvananthapuram, Kerala.
• N Valarmathi, the renowned Indian Space Research Organisation (ISRO) scientist known for her voice during rocket launch countdowns, passed away in Chennai, Tamil Nadu (TN).
• Former Zimbabwe’s great cricketer captain Heath Streak passed away at the age of 49.