Daily Current Affairs 11 August 2023, Important News Headlines (Daily GK Update)

Read the most important current affairs of 11 August 2023. Today Current Affairs covers the headlines on World Elephant Day 2023, International Youth Day 2023, Independence Day 2023, Woman Parliament.

Top 17 Current Affairs and News Headlines of 11 August 2023

National News

1.Government of India Forms New Standing Committee on Statistics to Enhance Oversight of NSO Data

• In a recent development, the Ministry of Statistics and Programme Implementation (MoSPI) of the Government of India has taken a significant step by replacing the existing Standing Committee on Economic Statistics (SCES) with a more comprehensive entity called the Standing Committee on Statistics (SCoS).
• This new committee has been entrusted with a broader mandate, involving the review of both the framework and outcomes of all surveys conducted under the National Statistical Office (NSO).

2.Kerala Assembly Approves Resolution to Rename State as ‘Keralam’

• In a significant move aimed at embracing its cultural and linguistic heritage, the Kerala Legislative Assembly has passed a resolution requesting the Central government to change the name of the state from ‘Kerala’ to ‘Keralam‘.
• The term ‘Keralam’ traces its roots to the fusion of two Malayalam words – “Kera,” symbolizing coconut, and “Alam” denoting land. Thus, ‘Keralam’ intricately encase the essence of the “Land of Coconut Trees” paying homage to the state’s prolific coconut cultivation, a pivotal contributor amounting to about 45% of India’s overall coconut harvest.
• The proposal involves a modification of the current nomenclature to ‘Keralam,’ a change that is sought to be instituted through the provisions of Article 3 of the Constitution. This alteration would encompass the adoption of ‘Keralam’ as the state’s official name across all languages listed in the Eighth Schedule of the Constitution.

3.CJI Chandrachud Launches QR Code-Based E-Pass For Entry At SC

• In a proactive effort to modernize and streamline access to justice, Chief Justice of India (CJI) D.Y Chandrachud unveiled the ‘SuSwagatam‘ portal.
• The ‘SuSwagatam’ portal, along with its user-friendly mobile application, empowers litigants and visitors with the convenience of a QR code-enabled ePass. This digital pass not only facilitates a smooth entry experience but also serves as an exit credential, enhancing the overall efficiency of access management.
• Ensuring the highest standards of security, ‘SuSwagatam’ offers role-based secure logins for different categories of users. During the registration process, individuals have the option to upload proof of identity and even capture a live photograph, further enhancing the validation process.

4.India Is Committed To Eliminate Lymphatic Filariasis By 2027

• Union Health & Family Welfare Minister, Mansukh Mandaviya, made the announcement to eliminate Lymphatic Filariasis by 2027 during the inauguration of the second phase of the Annual Nationwide Mass Drug Administration (MDA) initiative.
• Minister Mandaviya recommened the consumption of medicine diligently in order to ensure the MDA initiative’s effectiveness. He suggested that healthcare professionals should supervise the administration of medication.
• To ensure that the initiative’s impact reaches far and wide, it’s crucial to conduct awareness campaigns at the local level – making sure that information about Lymphatic Filariasis and its prevention methods is spread within villages and panchayats.

International News

5.Cambodia: A Woman Parliament President For 1st Time In History

• In a move towards gender inclusivity and leadership diversity, Khuon Sudary is set to assume the esteemed role of President of the National Assembly of Cambodia.
• Currently serving as the second Vice-President of the National Assembly and a prominent member of the Standing Committee of the Cambodian People’s Party (CPP), Khuon Sudary’s ascent to the presidency reflects her years of dedication and service to her nation.
• The announcement was made by Prime Minister Samdech Techo Hun Sen, emphasizing the commitment to empowering women in pivotal roles within the government.

State News

6.Gujarat launches ‘Sinh Suchna’ app for tracking lions

• To celebrate World Lion Day, Chief Minister Bhupendra Patel of Gujarat introduced a new mobile application called ‘Sinh Suchna’.
• The launch event, held in Gandhinagar, Gujarat, signifies a significant step towards modern wildlife conservation, enabling both the state’s forest department and the general public to effectively monitor lion movements.
• The ‘Sinh Suchna’ app empowers individuals to directly report lion sightings to the forest department. This innovative approach facilitates real-time tracking and swift conflict resolution.

Business News

7.SEBI Shortens IPO Listing Timeline to 3 Days Post Closure for Investor and Issuer Benefit

• The Securities and Exchange Board of India (SEBI) has taken a significant step to enhance the efficiency of Initial Public Offerings (IPOs) by halving the timeline for listing shares on stock exchanges after the IPO closure.
• This move aims to provide substantial benefits to both investors and issuers in the capital markets.SEBI’s new directive entails a reduced listing timeline for shares.
• This adjustment, designed to expedite the listing process, will initially be introduced as a voluntary option for public issues commencing on or after September 1. However, it will become a mandatory requirement for all issues starting from December 1, 2023, onwards, as per the circular issued by the capital markets regulator.

8.Tata Group’s Fresh Look for Air India: New Logo and Design

• Tata Sons, the parent company of Air India, has introduced a new appearance and brand identity for the airline. This change includes a new logo and design, replacing the well-known mascot “Maharaja.”
• The new brand design draws inspiration from Air India’s classic Indian window shape. The traditional window has been reimagined as a gold window frame, now becoming a central element of the airline’s fresh look.
• The redesigned logo, known as ‘The Vista,’ represents limitless possibilities, progressiveness, and a confident outlook for the airline’s future. Travellers can anticipate the new logo making its appearance in December 2023 as the first A350 aircraft enters the fleet with the updated design.

Banking News

9.AU Bank Becomes India’s First Bank To Provide 24×7 Video Banking Service

• AU Small Finance Bank, the largest small finance bank in India, has taken a remarkable step forward in customer service with the launch of their innovative 24×7 video banking platform.
• This pioneering service enables customers to engage in face-to-face video interactions with expert bankers, akin to video calls. This move redefines convenience, as it provides round-the-clock support, even during weekends and holidays.
• AU’s 24×7 Video Banking transcends the limitations of physical infrastructure, bridging gaps in service provision. The platform is particularly beneficial to regions with limited resources, extending vital banking services to previously underserved areas.

10.RBI Levies Monetary Penalties on 4 Co-operative Banks for Regulatory Violations

• The Reserve Bank of India (RBI) has taken stringent action by imposing monetary penalties totaling Rs4.20 lakh on four co-operative banks.
• These banks – Vita Urban Cooperative Bank Ltd, Shri Vinayak Sahakari Bank Ltd, Shreeji Bhatia Cooperative Bank Ltd, and Mizoram Urban Cooperative Development Bank Ltd – have been found to be in breach of various regulations set forth by the central banking authority.
• The RBI, after carefully considering the responses and oral arguments presented by the banks during personal hearings, concluded that the charges of non-compliance with its directives were substantiated. Consequently, the monetary penalties were imposed as a consequence of these regulatory violations.

11.RBI’s Strategic Announcements Set to Transform UPI and UPI Lite Landscape

• The Reserve Bank of India (RBI) has recently unveiled a trio of groundbreaking initiatives poised to revolutionize the digital payments landscape in India through the Unified Payments Interface (UPI) and UPI Lite.
• This innovative feature empowers users to engage in transactions by conversing with an AI-powered system, ensuring safety and security throughout the process.
• Acknowledging the evolving needs of users, the RBI has raised the transaction limit for UPI Lite from Rs 200 to Rs 500, aiming to facilitate more substantial and convenient transactions. In a move to bolster the adoption of UPI Lite, the RBI is introducing offline payments using Near Field Communication (NFC) technology.

Important Days News

12.World Elephant Day 2023: Date, Significance and History

• World Elephant Day, observed globally on August 12, is a significant event dedicated to raising awareness about the pressing challenges faced by elephants and advocating for their protection and conservation. This observance serves as a vital platform to highlight issues such as habitat loss, ivory poaching, human-elephant conflicts, and the urgent need for improved conservation efforts.
• This occasion aims to promote the importance of safeguarding these magnificent creatures for future generations and to encourage actions that contribute to their welfare and survival. It’s a day to appreciate the vital role elephants play in maintaining ecosystems, as well as to support organizations and initiatives that work towards their preservation. From date to history here is everything you need to know about this day.

13.International Youth Day 2023: Date, Significance, and History

• Every year, on the 12th of August, the global community comes together to celebrate International Youth Day. This annual occasion serves as a dedicated day of awareness and action, recognized by the United Nations (UN), to address pertinent issues affecting the world’s youth population.
• The roots of International Youth Day can be traced back to 1965 when the United Nations General Assembly initiated a deliberate focus on the younger generation. By endorsing the Declaration on the Promotion among Youth of the Ideals of Peace, Mutual Respect, and Understanding between Peoples, the UN marked the inception of its commitment to empowering youth.
• This effort involved allocating time and resources to nurture emerging leaders and equip them to meet the evolving needs of the global community.

14.Independence Day 2023: ‘Har Ghar Tiranga’ bike rally flagged-off

• Vice President Jagdeep Dhankhar has flagged off the ‘Har Ghar Tiranga’ motorcycle rally at Pragati Maidan in Delhi. As part of the Azadi Ka Amrit Mahotsav (AKAM) initiative, the ‘Har Ghar Tiranga’ campaign is scheduled to take place nationwide from August 13 to 15. The campaign aims to inspire individuals to proudly display the national flag at their residences.
• After the flag-off, the bike rally will reach the India Gate circle. The rally will then move in a circle around the India Gate complex, crossing the Kartavya Path and will culminate at Major Dhyan Chand Stadium. AKAM is an ongoing celebration to commemorate 75 glorious years of a progressive independent India. This initiative by the Government of India aims to bring in focus on the freedom struggle, and the milestones this nation has achieved.

Appointments News

15.Pluckk partners with Kareena Kapoor Khan as investor, brand ambassador

• Bollywood actress Kareena Kapoor Khan has signed on as an investor and brand ambassador of Pluckk, which is engaged in the fresh fruit and vegetables business.
• The company has a range of 400 products in more than 15 categories, including essentials, exotics, hydroponics, and cuts and mixes. The range includes innovative do-it-yourself (DIY) meal kits crafted within certified food-tech facilities. Pluckk has also introduced ozone-washed products and traceability concepts.
• Founded in July 2021, Pluckk has rapidly emerged as a digital leader in the lifestyle-oriented fresh produce market. Co-founded by Pratik Gupta and backed by seed funding from Exponentia Ventures, the brand currently operates in Bengaluru and Mumbai.

Summits and Conferences News

16.Lt Governor Inaugurates 9th India International MSME Expo & Summit 2023

• Lieutenant Governor Shri Manoj Sinha of Jammu and Kashmir commenced the 9th India International MSME Expo and Summit 2023 in New Delhi.
• This prestigious gathering, organized by the MSME Development Forum, served as a platform to foster collaboration between policymakers and entrepreneurs in the Micro, Small & Medium Enterprises (MSME) sector, driving forward the nation’s economic growth.
• Micro & Small enterprises play a crucial part in driving socio-economic transformation, especially for women entrepreneurs. In Jammu and Kashmir, over 74,000 SMEs are under the leadership of women, highlighting the empowerment and transformative influence these enterprises bring.

Miscellaneous News

17.New Amravati Station Becomes Central Railway’s Third ‘Pink Station’

• Central Railway’s New Amravati station has engraved its place in history as the first station in Bhusaval Division and the third station within the Central Railway to be designated a “Pink Station” – a station that is wholly managed by women staff.
• The New Amravati station boasts a team of 12 proficient women employees, each playing a crucial role in ensuring the seamless operation of the station. Among these accomplished individuals are 4 Deputy Station Superintendents, 4 Pointswomen, 3 Railway Protection Personnel, and 1 Station Ticket Booking Agent.
• Amidst a daily influx of around 380 passengers and the constant movement of 10 trains, the New Amravati station emerges as a vibrant center of bustling activity. Handling the intricacies associated with overseeing a station of such scale, the all-women team at New Amravati showcases unwavering commitment and a commendable display of professionalism.

Important Current Affairs of 11th August 2023

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