Daily Current Affairs: July 29, 2021

Daily Current Affairs (July 29, 2021) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK, and Financial Awareness sections. Remember, Banking Awareness, and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

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Important Days

International Tiger Day – 29 July

• International Tiger Day is observed on 29 July every year to raise awareness about tiger conservation. This day was first celebrated in 2010 at the St. Petersburg Tiger Summit in Russia. The objective of this Tiger Summit was to double the number of tigers by 2022.
• 2021 Theme: “Their Survival is in our hands”

National News

Bangalore International Airport Limited partners with IBM for digital and IT transformation

• International Business Machines (IBM) and Bangalore International Airport Limited (BIAL), operator of Kempegowda International Airport – Bengaluru, announced a ten-year partnership under which IBM and Kyndryl will provide the best of breed IT solutions to create a new “Airport in a Box” platform.
• This platform will support to transform the end-to-end travel experience for passengers at the Bangalore Airport.

Karnataka        

• Capital: Bengaluru
• Chief Minister: Basavaraj Bommai
• Governor: Thaawarchand Gehlot
• National Park: Anshi National Park, Kudremukh National Park, Bandipur National Park, Bannerghatta National Park, Rajiv Gandhi (Nagarahole) National Park

Kerala Police launches ‘Pink Protection’ project for safety and protection of women

• Kerala Police has launched a new project called ‘Pink Protection’ aimed at the protection and safety of women in public, private and digital places. This project will focus on dowry-related issues, cyberbullying and humiliation in public places.
• Kerala CM Pinarayi Vijayan flagged off 10 cars, 40 two-wheelers, including bullet bikes and 20 bicycles as a part of the ‘Pink Protection’ project.

Kerala

• Capital: Thiruvananthapuram
• Chief Minister: Pinarayi Vijayan
• Governor: Arif Mohammed Khan
• National Parks: Anamudi Shola National Park, Eravikulam National Park, Mathikettan Shola National Park, Pambadum Shola National Park, Periyar National Park, Silent Valley National Park

Indore becomes the first Indian city to be selected for the International Clean Air Catalyst Programme

• India’s cleanest city, Indore became the only city to be selected from India for the International Clean Air Catalyst Programme. This project will be operated for 5 years for clean and pure air in Indore with the cooperation of Indore Municipal Corporation and Madhya Pradesh Pollution Control Board.
• Clean Air Catalyst is a new flagship programme launched by the US Agency for International Development (USAID) and a global consortium of organisations, led by the World Resources Institute (WRI) and Environmental Defense Fund (EDF) to accelerate clean air solutions in low and middle-income countries.

Madhya Pradesh      

• Capital: Bhopal
• Chief Minister: Shivraj Singh Chauhan
• Governor: Mangubhai Chhaganbhai Patel
• National Parks: Bandhavgarh National Park, Dinosaur Fossils National Park, Fossil National Park, Pench National Park, Kanha National Park, Kuno National Park, Madhav National Park, Panna National Park, Sanjay National Park, Satpura National Park, Van Vihar National Park

NSDL e-Governance develops world’s first cab-hailing platform on open-source tech

• NSDL e-Governance Infrastructure Limited has developed the world’s first cab-hailing platform, which is enabled by open-source specifications.
• This project is distinct from the private cab-hailing platforms already in the market, such as Uber and Ola. (National Securities Depository Limited) NSDL’s platform allows various enterprises, cab companies and individual players to access the platform on their own accord using open-source technologies.

Madhya Pradesh Government announces AYUSH-based economic upgradation scheme ‘Devaranya Yojana’

• Madhya Pradesh Government has announced the AYUSH-based economic upgradation scheme ‘Devaranya Yojana’ with the twin objectives of improving people’s health and livelihood of tribals.
• This scheme is to bring together AYUSH and tourism to boost employment opportunities in tribal areas.

Madhya Pradesh      

• Capital: Bhopal
• Chief Minister: Shivraj Singh Chauhan
• Governor: Mangubhai Chhaganbhai Patel
• National Parks: Bandhavgarh National Park, Dinosaur Fossils National Park, Fossil National Park, Pench National Park, Kanha National Park, Kuno National Park, Madhav National Park, Panna National Park, Sanjay National Park, Satpura National Park, Van Vihar National Park

Banking and Economy

Union Cabinet approves DICGC Bill ensuring Rs. 5 lakhs for depositors in 90 days

• The Union Cabinet has approved an amendment to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961, to provide account holders access to up to Rs. 5 lakhs funds within 90 days of a bank coming under moratorium to ensure timely support to depositors.
• Union Cabinet also approved amendments to the Limited Liability Partnership (LLP) Act, 2008, including decriminalising 12 offences under the law.

FamPay partners with VISA to launch India’s first doodle card ‘FamCard Me’

• FamPay, a fintech startup focused on online and offline card payments for teenagers, has launched India’s first VISA prepaid card ‘FamCard Me’, for teenagers with personalised doodles on it.
• FamPay is a numberless prepaid card. Teens can make online and offline payments using the FamCard and the FamPay app without the need to set up a bank account.

RBI allows non-banks to participate in central payment systems RTGS and NEFT

• Reserve Bank of India (RBI) has allowed authorised non-banks payment system providers, including prepaid payment issuers, card networks and white label ATM operators to be eligible to participate in central payment systems like Real-Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT).

SWIFT launches fast and cost-effective service ‘SWIFT GO’ for low-value cross-border payments

• Society for Worldwide Interbank Financial Telecommunications (SWIFT) has launched the ‘SWIFT Go’, a transformative new service that enables small businesses and consumers to send fast, predictable, highly secure and competitively priced low-value cross-border payments anywhere in the world, direct from their bank accounts.

ICICI Lombard partners with SVAAS Wellness Limited to launch a cashless digital health solution

• SVAAS Wellness Limited, a wholly-owned subsidiary of Dr. Reddy’s Laboratories Limited and ICICI Lombard General Insurance Company Limited, have announced a partnership for the pilot launch of a first-of-its-kind cashless digital health solution in India.
• This partnership marks the launch of Dr. Reddy’s digital health solution ‘SVAAS’ and demonstrates ICICI Lombard’s deeper foray into the wellness space.

State Bank of India tops the list of PSBs writing off NPAs in FY21

• State Bank of India (SBI) topped the list of public sector banks writing off loans in FY21, followed by Union Bank of India.
• As per the Reserve Bank of India (RBI), the State Bank of India (SBI) removed Rs. 34,402 crores from its balance sheet, the Union Bank of India (UBI) wrote off Rs. 16,983 crores and Punjab National Bank (PNB) wrote off Rs. 15,877 crores during FY21.

Amazon India partners with InCred to offer credit to e-commerce retailers

• InCred has entered into a strategic partnership with Amazon India to provide collateral-free, working capital loans of up to Rs. 50 lakhs to Amazon merchants via its seller portal.
• This program enables sellers on the marketplace to avail themselves of affordable credit to meet their growth and working capital requirements.

Science and Technology

IIT Hyderabad develops India’s first rapid electronic COVID-19 RNA test kit ‘COVIHOME’

• The Indian Institute of Technology – Hyderabad (IIT-H) researchers have developed India’s first rapid electronic COVID-19 RNA test kit, ‘COVIHOME’.
• This test kit is available at an affordable cost and the test can be conducted easily from your home.

Appointments

Rakesh Asthana was appointed as the Delhi Police Commissioner

• Director-General of the Border Security Force (BSF) Rakesh Asthana was appointed as the Commissioner of the Delhi Police.
• He is a 1984-batch Indian Police Service (IPS) officer from the Gujarat cadre.

Awards and Recognitions

Brazil landscape garden Sitio Burle Marx earns UNESCO world heritage status

• A landscape garden Sitio Burle Marx in Rio de Janeiro, Brazil, was recognised as the UNESCO World Heritage Site. This site was named after architect Roberto Burle Marxs.
• The Sitio Burle Marx in western Rio features more than 3,500 species of plants native to Rio and is considered a laboratory for botanical and landscape experimentation.

Three Indian SMEs Among UN’s Winners of the Best Small Business of ‘Good Food for All’

• Three India-based small and medium-sized enterprises (SMEs) have won the United Nations (UN) Food Systems Summit competition Best Small Business of Good Food for All.
• It aims to showcase innovative solutions in improving access to healthy and sustainable food.
• The 3 Indian SMEs are Edible Routes Private Limited, Oorja Development Solutions India and Taru Naturals.

Obituary

Indian badminton legend Nandu Natekar passed away at 88

• Indian badminton legend Nandu Natekar passed away in Pune, Maharashtra. He was the first Indian badminton player to win an international event back in 1956.
• He was the first recipient of Arjuna Award for sporting excellence in 1961.

US Nobel-Prize-Winning physicist Steven Weinberg passed away at 88

• The US physicist Steven Weinberg passed away at the age of 88. He shared the 1979 Nobel Prize equally with Sheldon Glashow and Abdus Salam for Physics for his theoretical contributions to the standard model of particle physics.

Daily CA July 29 One-liner:

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