National News

President Droupadi Murmu Unveils New Supreme Court Flag and Insignia

• President Droupadi Murmu unveiled the new flag and insignia of the Supreme Court of India.
• The event took place during the two-day National Conference of District Judiciary in New Delhi.
• Members of the judiciary from across the nation attended the ceremony.
• The new symbols encapsulate India’s rich cultural and legal heritage.

Science and Technology News

Union Cabinet Approves Establishment of Semiconductor Unit in Sanand, Gujarat

• The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the establishment of a semiconductor manufacturing unit in Sanand, Gujarat.
• The proposal was put forth by Kaynes Semicon Pvt Ltd.
• This decision marks a significant milestone in India’s Semiconductor Mission, launched in 2022.
• The meeting took place in New Delhi on 2 September 2024.

State News

Uttar Pradesh to Invest Rs 33,500 Crore in IT and ITeS Hubs

• The Uttar Pradesh government plans to invest approximately Rs 33,500 crore in the IT and ITeS sectors.
• The investment aims to spur growth over the next five years.
• Technology hubs will be developed in Noida, Lucknow, Kanpur, Varanasi, and Prayagraj (Allahabad).
• The plan targets a tenfold increase in these sectors.

Appointments and Resignations News

Philips Appoints Bharath Sesha as New Managing Director for India

• Philips has appointed Bharath Sesha as the Managing Director for India, effective September 1.
• Sesha will focus on enhancing customer satisfaction and driving operational excellence.
• His primary focus will be on the healthcare sector.
• He succeeds Daniel Mazon, who has transitioned to a global role at Philips’ headquarters in the Netherlands.

Banking and Finance News

World Bank Ups India’s Growth Forecast to 7% for FY25

• The World Bank has revised its growth forecast for India to 7% for the fiscal year 2024-25.
• The previous estimate was 6.6%.
• This adjustment comes despite a slowdown to 6.7% in the April-June quarter.
• The slowdown was attributed to reduced government spending during national elections.

State News

Bisleri Partners with Goa for Improved Waste Management

• Bisleri International Pvt. Ltd. has partnered with the Government of Goa to improve waste management in Mormugao, Vasco.
• The collaboration was solidified during the Green Goa Summit 2024.
• A Letter of Intent (LOI) was exchanged between Bisleri and the Goa State Pollution Control Board.
• The partnership aims to enhance plastic waste management under Bisleri’s CSR initiative, ‘Bottles for Change.’

Banking and Finance News

RIL Becomes India’s First Company to Surpass Rs 10 Lakh Crore in Annual Revenue

• Reliance Industries Limited (RIL) has become the first Indian company to exceed ₹10 lakh crore in annual revenue.
• This milestone was revealed during RIL’s Annual General Meeting (AGM) by Chairman Mukesh Ambani.
• For the financial year 2023-24, Reliance achieved a record consolidated turnover of ₹10,00,122 crore (USD 119.9 billion).
• The company reported a net profit of ₹79,020 crore (USD 9.5 billion).

Science and Technology News

Google DeepMind’s Morni AI to Cover 125 Indic Languages

• Google DeepMind’s India unit is leading an AI project named Morni (Multimodal Representation for India).
• The project aims to encompass 125 Indic languages and dialects.
• Among these languages, 73 had no existing digital corpus.
• Despite Hindi being spoken by nearly 10% of the global population, its online text representation is just 0.1%.

Sports News

Lord’s to Host the ICC World Test Championship Final in 2025

• Lord’s Cricket Ground in London will host the final of the ICC World Test Championship (WTC) from June 11 to June 15, 2025.
• This event marks the first time the iconic venue will host the climax of cricket’s most revered format.
• The ground is often referred to as the “Home of Cricket.”
• The announcement has generated significant excitement among cricket fans.

Sports News

NorthEast United FC Claims Historic Durand Cup Title

• NorthEast United Football Club won their maiden Durand Cup title.
• They defeated defending champions Mohun Bagan Super Giant (MBSG) 4-3 in a penalty shootout.
• The final took place at the Vivekananda Yuba Bharati Krirangan in Kolkata on August 31, 2024.
• This victory marks a historic moment for the Guwahati-based club.

Sports News

Sheetal Devi and Rakesh Kumar Secure Bronze in Mixed Team Compound Archery at Paralympics 2024

• Sheetal Devi and Rakesh Kumar won the bronze medal in the mixed team compound archery competition at the Paralympics 2024.
• They secured their victory with a 156-155 win over Italy’s Eleonora Sarti and Matteo Bonacina.
• This marks only the second time India has won a medal in archery at the Paralympics.
• The event took place on September 2nd.

Sports News

Suhas Yathiraj Secures Silver Medal in Badminton at Paris 2024 Paralympics

• Suhas Lalinakere Yathiraj won the silver medal in the men’s singles SL4 category at the Paris 2024 Paralympics.
• The match took place at the historic Stade Pierre de Coubertin.
• Suhas faced off against world champion Lucas Mazur.
• Despite a hard-fought battle, Suhas had to settle for silver.

Sports News

Thulasimathi Murugesan and Manisha Ramadass Shine at Paris 2024 Paralympics

• Thulasimathi Murugesan and Manisha Ramadass won silver and bronze medals, respectively, in the women’s singles SU5 class at the Paris 2024 Paralympics.
• Their performances showcased their exceptional talent.
• This achievement marks a historic moment for Indian badminton.
• Their success is a testament to their skill and perseverance.