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VSSUT first to set up Space Innovation-cum-Incubation Centre with ISRO

Space Innovation-cum-Incubation Centre
  • The Veer Surendra Sai University of Technology (VSSUT) became the first University in the country to set up a Space Innovation-cum-Incubation Centre with the Indian Space Research Organisation (ISRO).

Rare fish sighted by Andhra University scientists in Sileru

Rare fish
  • A rare fish called Mahseer (scientific name Tor) was sighted and fished out from the upper part of Sileru river, by a team of researchers from the Department of Zoology, Andhra University.

World Water Week 2020

Tap
  • World Water Week 2020 is observed from 23-28 August, 2020. The World Water Week organized by Stockholm International Water Institute (SIWI) in Stockholm. World Water Week 2020 theme is ‘Water and Climate change: Accelerating Action’.

Centre launches KIRAN helpline service for mental health rehabilitation

Mental Health
  • The Union Minister of Social Justice and Empowerment, Thawar Chand Gehlot launched ‘Kiran’, a toll- free helpline number for mental health rehabilitation. Kiran helpline number (1800-599-0019) will offer mental health rehabilitation to people across the country.

Government to sell up to 15 percent stake in HAL

HAL
  • The central government has decided to sell up to 15 percent stake in Hindustan Aeronautics Limited (HAL) through an offer for sale. The offer price will be at a 15 percent discount to the closing price on August 26 – Rs 1,177.75.

E-auction portal launched to promote trading of GI-tagged ‘Kashmir Saffron’

Kashmir Saffron
  • Jammu and Kashmir’s agriculture department has created an e-auction portal to promote trading of GI-tagged ‘Kashmir Saffron’.

TN women top the list of MUDRA loan scheme beneficiaries

MUDRA loan scheme
  • Over 15 crore loans amounting to ₹4.78-lakh-crore have been disbursed to women borrowers since the inception of the Pradhan Mantri Mudra Yojana (PMMY) with Tamil Nadu topping the list in availing the loan followed by women in West Bengal and Karnataka.

India, Bangladesh to open new trade connectivity route on September 3

India, Bangladesh
  • With an aim to promote regional connectivity by expanding the scope of inland water transport mechanisms that will enable trade boost, India and Bangladesh have decided to open a new trade route from September 3, 2020.

World Health Organization declares Africa free of polio

Africa free of polio
  • The World Health Organization has declared Africa free of polio, a landmark in a decades-long campaign to eradicate the notorious disease around the world.

HSBC launches ‘Omni Collect’, one-stop solution for multiple payment options

HSBC
  • HSBC India introduced Omni Collect, a one-stop solution to provide multiple payment options on a single platform.

Axis Bank introduces ‘Liberty Savings Account’ for Indian youth

Axis Bank
  • Axis Bank has launched a new savings account called the Axis Liberty Savings Account, aimed at millennial customers.
  • It offers customers the option of maintaining a minimum balance of ₹25,000 per month or spending the same amount every month using the bank’s debit card.

Haryana Government inks MoU with M3M Foundation

Manohar Lal
  • The Haryana employment department signed an MoU with M3M Foundation to facilitate students’ online preparation for government jobs.

Jeff Bezos becomes the first person to hit a net worth of $200 billion

Jeff Bezos
  • Amazon’s CEO Jeff Bezos is now the world’s richest man worth $204.6 billion. He is $90 billion richer than Bill Gates, the world’s second-richest person.

Gujarat tops in first-ever Export Preparedness index 2020 released by NITI Ayog

Export Preparedness index 2020
  • Gujarat has been ranked first in the first-ever Export Preparedness index 2020 released by NITI Ayog.
  • The report says, overall, most of the Coastal States are the best performers. Gujarat, Maharashtra and Tamil Nadu occupy the top three ranks.

Centre approves 78 new routes under 4th round of Regional Connectivity Scheme

Ministry of Civil Aviation
  • The Civil Aviation Ministry approved the 78 new routes under the 4th round of Ude Desh Ka Aam Nagrik (UDAN). It is a Regional Connectivity Scheme that aims at further enhancing the connectivity to the regional and remote areas of the country.

Govt launches national GIS-enabled land bank system

Piyush Goyal
  • The Commerce and Industry Minister, Piyush Goyal on August 27, 2020 e-launched the national GIS-enabled land bank system. It will help investors in getting real-time information about the availability of industrial land and resources.

Ministry of Culture announces 7 new circles of ASI

Ministry of Culture
  • The Union Minister of State for Culture and Tourism (IC), Shri Prahlad Singh Patel has announced 7 new circles of Archaeological Survey of India. These new circles have been formed in Madhya Pradesh, Tamil Nadu, Uttar Pradesh, Karnataka, West Bengal and Gujarat. Along with the 7 new circles, the minister also added that the Hampi Mini Circle in Karnataka has been converted into a full-fledged circle.

Pradhan Mantri Jan Dhan Yojana completes 6 years

Money
  • The Pradhan Mantri Jan Dhan Yojana completed six years on August 28, 2020.
  • The key features of the scheme included the opening of basic saving bank deposit accounts with relaxed KYC, zero balance and zero charges and the issuance of debit cards with free accident insurance coverage of Rs 2 lakh and micro-insurance and overdraft for consumption, micro-pension and micro-credit facilities.

NDC-TIA launched by NITI Aayog to transport, energy, and climate stakeholders

NITI Aayog
  • NITI Aayog virtually launched the India Component of the Nationally Determined Contributions (NDC)–Transport Initiative for Asia (TIA) to focus on electric mobility, which would require coupling of transport and energy sectors.

Japanese PM Shinzo Abe resigns due to worsening health

Shinzo Abe
  • Japanese Prime Minister Shinzo Abe has stepped down from his position due to his worsening health condition. The long-serving Prime Minister of Japan did not name a successor.