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Russia will host the 12th BRICS Summit to be held on 17 November

BRICS
  • The 12th BRICS Summit is scheduled to be held on 17th November 2020 via video conference which will be chaired by Russia.
  • The theme of the Meeting of the Leaders of BRICS countries is “BRICS Partnership for Global Stability, Shared Security and Innovative Growth”.

PARAM Siddhi-AI, India’s fastest AI SuperComputer to be commissioned soon

AI
  • The Centre for Development of Advanced Computing (C-DAC) commissioned the largest HPC-AI supercomputer. HPC-AI is High Performance Computing and Artificial Intelligence.
  • PARAM-Siddhi has put India among top countries in global AI supercomputing research and innovation. It will help in catalyzing partnerships with MSMEs, Start-ups, Academia and Industries.

‘Startup India Showcase’ an online start-up platform launched by GOI

Startup India Showcase
  • ‘Startup India Showcase’ an online start-up platform launched by the Department for Promotion of Industry and Internal Trade (DPIIT). The website will be handpicked by experts and will go through multiple screening and evaluation rounds and the listed firms will also be considered by the government and corporate buyers as potential suppliers of goods or services.

First ever Brand & Logo for Indian Cotton launched

cotton
  • First ever Brand & Logo for Indian Cotton has been launched by the Union Minister of Textiles, Smriti Irani on the occasion of 2nd World Cotton Day through video conferencing.
  • The brand name ‘Kasturi Cotton’ represents India cotton in the world cotton trade.

Jan Andolan campaign launched by PM Narendra Modi

PM Modi
  • Prime Minister Narendra Modi launched Jan Andolan which is a campaign for covid-19 appropriate behaviour with an aim to make people aware to maintain social distancing and wearing masks all the time while going outside.

Nobel Prize 2020 announced

Nobel Prize 2020
  • The Nobel Prize awarded by The Royal Swedish Academy of Sciences, Stockholm, Sweden.

List of Nobel Prize 2020 winners:

Physiology or Medicine:

  • Harvey J. Alter(America), Charles M. Rice (America) and Michael Houghton (Britain) for the discovery of the Hepatitis C virus.

Physics:

  • Roger Penrose for the discovery that black hole formation is a robust prediction of the general theory of relativity.
  • Reinhard Genzel and Andrea Ghez for the discovery of a supermassive compact object at the centre of our galaxy.

Chemistry:

  • Emmanuelle Charpentier and Jennifer A. Doudna “for the development of a method for genome editing”.

Literature:

  • Louise Glück “for her unmistakable poetic voice that with austere beauty makes individual existence universal”.

M Rajeshwar Rao appointed as the RBI Deputy Governor

M Rajeshwar Rao
  • The Centre has appointed M Rajeshwar Rao as the new deputy governor of the Reserve Bank of India on 7th October 2020.
  • Four Deputy governors of RBI are M. D. Patra, B. P. Kanungo. M. K. Jain and M Rajeshwar Rao.

World Post Day is celebrated on 9 October

World Post Day
  • To create awareness of the role of the postal sector in people’s and businesses’ everyday lives and its contribution to the social and economic development of countries, the United Nations celebrates World Post Day every year on 09th October.

Country’s First Ever Advanced Manufacturing Hub: AMHUB

thermal plant
  • Country’s First Ever Advanced Manufacturing Hub to launch Country’s advanced manufacturing hub (AMHUB) in the Tamil Nadu with an aim to help the state in the sectors of solar energy, electronics, electric mobility and textiles.

World Bank: India’s GDP to contract by 9.6% in FY-21

World Bank
  • The World Bank projected India’s GDP to contract by 9.6% this FY-21 in its latest report titled ‘South Asia Economic Focus’.
  • The World Bank earlier in June had estimated the Indian economy to shrink by 3.2% in the current fiscal.

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