Summit and Conference News

India Participates in BRICS Literature Forum 2024 in Russia

• India took part in the BRICS Literature Forum 2024, which began in Kazan, Russia on 11th September 2024.
• The event was inaugurated by Kazan Mayor Ilsur Metshin.
• The forum focused on the theme “World Literature in the New Reality: Dialogue of Traditions, National Values, and Cultures.”
• This participation highlights India’s commitment to global literary dialogues and cultural exchange.

National News

To Resolve Exporters Issue Piyush Goyal Unveils Portal

• Union Minister for Commerce and Industry Piyush Goyal launched the ‘Jan Sunwai portal’.
• This online platform is designed to streamline communication between stakeholders and authorities.
• The portal aims to resolve issues faced by exporters efficiently.
• It is an initiative by the Department of Commerce to enhance transparency and responsiveness.

Banking and Finance News

UPI Users can now Send 5 Lakh For Some Transactions

• The National Payments Corporation of India (NPCI) has increased the transaction limits for tax payments using UPI.
• Users can now send up to 5 lakh in a single transaction for tax payments.
• Acquiring entities must ensure that merchants within MCC-9311 adhere strictly to tax payments.
• Merchants are required to enable UPI as a payment mode for the increased limit in the tax payments category.

Banking and Finance News

India’s Foreign Kitty Jumps to Fresh Time High at 689.24bn

• The Reserve Bank of India (RBI) announced a significant increase in India’s forex reserves.
• The reserves jumped USD 5.248 billion to a new all-time high of USD 689.235 billion as of 6th September 2024.
• Forex reserves are assets held by a nation’s central bank, usually in reserve currencies like the US Dollar.
• These reserves are used to back the country’s liabilities and ensure economic stability.

Defence News

DRDO Successfully Completes First Phase Trials of Light Tank ‘Zorawar’

• Defence Research and Development Organisation (DRDO) conducted preliminary automotive trials of the Indian Light Tank, Zorawar.
• The trials took place on September 13, 2024, demonstrating exceptional performance in desert terrain.
• The versatile platform is developed for high-altitude deployment.
• The firing performance achieved the required accuracy on designated targets, showcasing its combat readiness.

National News

Union Minister Jyotiraditya M. Scindia Launches ‘Ashtalakshmi Mahotsav’ Website

• Union Minister Jyotiraditya M. Scindia launched the website for the Ashtalakshmi Mahotsav.
• The launch event was held at Sanchar Bhawan in New Delhi.
• This initiative aims to showcase Northeast India’s cultural and economic richness.
• The government is dedicated to promoting the region on both national and international platforms.

National News

Blue Revolution: 4 Years of Pradhan Mantri Matsya Sampada Yojana

• The Pradhan Mantri Matsya Sampada Yojana (PMMSY) was launched in 2020.
• It aims to transform India’s fisheries sector and enhance the welfare of fishermen.
• The scheme addresses critical issues in fish production, productivity, quality, technology, and infrastructure.
• It strengthens the fisheries value chain under the Ministry of Fisheries, Animal Husbandry, and Dairying.

Summit and Conference News

Amit Shah Inaugurated National Security Strategies Conference in Capital

• Union Home Minister Amit Shah inaugurated the National Security Strategies Conference 2024.
• The two-day conference is being held in New Delhi.
• Discussions will focus on various aspects of security and its challenges.
• The event aims to develop comprehensive strategies to enhance national security.

Summit and Conference News

MoEFCC Organizes the Dialogue on Montreal Protocol

• The Ministry of Environment, Forest and Climate Change (MoEFCC) organized a dialogue on the Montreal Protocol.
• The event was part of the 30th World Ozone Day celebrations on September 16.
• The theme was “Montreal Protocol: Advancing Climate Action.”
• The dialogue emphasized the importance of collective decisions and actions guided by science to solve global crises.

Summit and Conference News

Third Edition of INDUS-X Summit Concludes in California

• The third edition of the INDUS-X Summit was held on 9-10 September 2024 in California.
• The event marked significant progress in advancing a joint defense innovation ecosystem between India and the USA.
• It was co-organized by the U.S.-India Strategic Partnership Forum (USISPF) and Stanford University.
• The summit focused on deepening defense collaboration through innovation, joint research, and investment.

Rank and Reports News

TIME’s World’s Best Companies 2024, Indian Firms in the Spotlight

• TIME magazine’s World’s Best Companies of 2024 list has recognized Indian businesses.
• The list includes 1000 companies worldwide, featuring 22 Indian-born enterprises.
• This highlights the growing influence of Indian firms on the global stage.
• The ranking showcases the country’s expanding corporate footprint and economic prowess.

Sports News

Cristiano Ronaldo, Breaking Barriers in Social Media

• Cristiano Ronaldo has achieved a remarkable milestone in the world of social media.
• His global appeal extends far beyond the football pitch.
• Ronaldo continues to captivate audiences, making him a beloved figure even among non-football fans.
• His social media presence underscores his unparalleled influence and popularity.

Rank and Reports News

India jumps to Tier 1 in Global CyberSecurity Index 2024

• India has jumped to Tier 1 in the Global Cybersecurity Index (GCI) 2024.
• The index is released by the International Telecommunication Union (ITU).
• It measures the commitment of countries to cybersecurity at a global level.
• India’s role-modeling in cybersecurity commitments and resulting impacts have been recognized.

Important Days News

Hindi Diwas 2024, Celebrating India’s Linguistic Heritage

• Hindi Diwas is observed annually on September 14th.
• It marks the adoption of Hindi as an official language of the Indian federal government in 1949.
• The day celebrates India’s rich linguistic diversity and cultural heritage.
• Hindi Diwas 2024 emphasizes the significance of promoting linguistic unity across the nation.

State News

People of Zanskar Celebrates 9th Ladakh Zanskar Festival 2024

• The 9th Ladakh Zanskar Festival 2024 began with grandeur in the village of Sani.
• This year’s festival is significant as it marks the first celebration since Zanskar was declared a district.
• The event highlights the cultural richness and traditions of the region.
• It serves as a landmark event for the people of Zanskar.