Daily Current Affairs 1st Sep, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 1st Sep, 2024. It includes all Major National, International, Business and Sports related current affairs of 1st Sep, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 1st Sep, 2024 Current affairs test.
Banking & Finance News
Finance Minister Nirmala Sitharaman Grants ‘Navratna’ Status to 4 Central Public Sector Enterprises
- Union Finance Minister Nirmala Sitharaman approved the upgradation of4 Central Public Sector Enterprises (CPSEs) to Navratna status.
- These CPSEs are:
- Railtel Corporation of India (RCIL)
- Solar Energy Corporation of India (SECI) Limited
- Satluj Jal Vidyut Nigam (SJVN) Limited
- National Hydroelectric Power Corporation (NHPC)
- With this approval, the total number of Navratna CPSEs in India has increased to 25.
HDFC Bank Unveils DigiPassBook to Streamline Investments in a Single Platform
- HDFC Bankhas launched DigiPassBook, a new feature on its SmartWealth app which allows users to consolidate all their investments under one roof.
- It allows users to manage and view all their equity investments, ETFs and demat accounts in the app.
Aditya Birla and Policybazaar Introduce Lifetime Family Income Protection Plan
- Aditya Birla Sun Life Insurance (ABSLI)and Policybazaar have jointly launched a new term insurance plan called ‘Income Suraksha Plan’.
- The plan provides a guaranteed monthly income for life in the “unfortunate event” of the policyholder’s death.
HDFC Bank Introduces GIGA, Financial Product Tailored for India’s Gig Workers
- HDFC Bankhas introduced GIGA, a financial suite designed for gig workers and freelancers.
- The programme aims to address the financial needs of India’s burgeoning gig economy.
- The gig economy is estimated to employ 30-50 million workers: Fom management consultants and software programmers to delivery partners.
- GIGA will cater to this diverse group’s financial requirements.
National News
Government Launches Simplified Pension Application Form ‘Bhavishya’ for Central Government Employees
- The government introduced a new, simplified pension application formnamed ‘Bhavishya’ to streamline the retirement process for central government employees.
- Launched by Union Minister Jitendra Singhvia video conference, the new form, Form 6A, consolidates nine separate forms into a single, unified document.
HAL and SAFHAL to Develop ‘Aravalli’ Engine for India’s Future Multi-Role Helicopters
- Hindustan Aeronautics Limited (HAL), based in Bengaluru, has signed a contract with SAFHAL Helicopter Enginesto jointly design, develop, and produce a new engine named ‘Aravalli’.
- The engine will be used in the future 13-tonne Indian Multi-Role Helicopter (IMRH)and its deck-based version, the 5-tonne Deck-Based Multi-Role Helicopter (DBMRH).
Business News
PM Modi Lays Foundation Stone for Vadhvan Port, India’s Largest Deep-Water Port
- Prime Minister Narendra Modilaid the foundation for the Vadhvan Port project on August 30.
- The Vadhvan Portis situated in the Palghar district of Maharashtra, approximately 150 km from Mumbai. It is set to be India’s largest deep-water port with an investment of ₹76,220 crore.
BPCL to Invest ₹2,500 Crore in Expanding City Gas Distribution Network by March 2025
- Bharat Petroleum Corporation Ltd(BPCL), India’s second-largest state-controlled oil marketing company, announced plans to invest ₹2,500 crore in the financial year ending March 2025.
- The investment aims to expand BPCL’s city gas distribution (CGD) network, enhancing its presence in the natural gas sector.
Rakesh Gangwal’s Family Trust Sells 5.83% Stake in IndiGo for ₹10,500 Crore
- InterGlobe Aviation promoter Rakesh Gangwaland his family trust have reduced their stakes in the airline by selling a combined 83% shareholding for about Rs 10,500 crore.
- A total of 2.25 crore shares or 5.83% holding in InterGlobe Aviation were sold by Gangwal and Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware.
Defence News
Indian Army Launches Project NAMAN: SPARSH-Based Service Centres Established Nationwide
- The Indian Army launched the first phase of Project NAMAN in the presence of General Upendra Dwivedi, Chief of the Army Staff, and Mrs. Sunita Dwivedi, President of the Army Wives Welfare Association (AWWA).
- Objective of Project NAMAN:Project NAMAN is designed to provide dedicated support and services to Defence Pensioners, Veterans, and their families.
- It is centred around the implementation of the SPARSH (System for Pension Administration Raksha) digital pension system to streamline pension-related processes.
Indian Naval Ship Tabar Arrives in Malaga, Spain for a Two-Day Visit
- Indian Navy’s frontline stealth frigate, INS Tabar commandedby Captain MR Harish arrived at Malaga, Spain on 25 Aug 24 for a two day visit to enhance the existing bilateral relations between India and Spain.
- The visit aims to enhance the existing bilateral relations between India and Spain, which were established in 1956.
- The visit by INS Tabar seeks to strengthen diplomatic and defense ties between India and Spain.
SPORTS NEWS
Aarti Wins Bronze in Women’s 10,000m Race Walk at World U20 Athletics Championships
- Aarti, a 17-year-old Indian athlete, secured a bronze medalin the Women’s 10,000m race walk event at the World U20 Athletics Championships held in Lima, Peru.
- She clocked a time of 44 minutes 39.39 seconds, setting a new National U20 recordfor India and marking the country’s first medal at the championship.
Avani Lekhara Defends Gold, Mona Agarwal Secures Bronze
- Indian shooters Avani Lekhara, Mona Agarwal,and Manish Narwal made a significant impact on the first day of shooting at the Paris Paralympics.
- Avani Lekhara became the first Indian to win back-to-back Paralympic gold medals, successfully defending her title in the women’s 10m air rifle (SH1)
IMPORTANT DAYS
National Nutrition Week: 1st to 7th September,2024
- National Nutrition Weekis observed annually in India from 1st to 7th September to highlight the importance of proper nutrition and its impact on a healthy lifestyle.
- The week serves as a platform to raise awareness among individuals and communities about dietary habits and overall well-being.
