Daily Current Affairs - 07th Sep 2020

3rd Rashtriya Poshan Maah being celebrated this month to address malnutrition among young children and women

  • The 3rd Rashtriya Poshan Maah is being celebrated this month to address malnutrition among young children and women. The objective of the Poshan Maah is to encourage Jan Bhagidaari to ensure health and nutrition for everyone. Women and Child Development Ministry said the Poshan Maah is celebrated every year under POSHAN Abhiyaan, which was launched in 2018.

Amul to invest Rs 1,500 cr in 2 yrs to set up dairy, edible oil, bakery, potato processing plants

  • Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), which markets dairy products under the Amul brand, will invest around Rs 1,000 crore over the next two years to set up milk processing plants, and another Rs 500 crore on facilities for new products like edible oil, its MD R S Sodhi said.
  • GCMMF expects 12-15 per cent growth in revenue in current fiscal year from Rs 38,550 crore during the last fiscal year despite COVID-19 pandemic, as demand for branded food products has increased.

BCCI announces schedule for IPL 2020 to be held in UAE

  • BCCI has announced the schedule for IPL 2020 to be held in UAE. The season will kickstart on 19th September in Abu Dhabi with a blockbuster clash between defending champions Mumbai Indians and Chennai Super Kings. The action will shift to Dubai for the second game where Delhi Capitals will face Kings XI Punjab September 20.
  • Dubai will host 24 games, 20 matches will be played in Abu Dhabi while the remaining 12 matches are scheduled to be played in Sharjah. The final of the tournament will be played on November 10.

China launches and recovers reusable spacecraft

  • China has launched and recovered a reusable spacecraft, an important step in the country's space program. The unmanned craft spent two days in orbit after being launched on Friday from the Jiuquan Satellite Launch Center in northwest China and landed Sunday at its "scheduled landing site.

Edneer Math seer passes away at 80

  • Kesavananda Bharati Swamiji, seer of the Edneer Math in Kasaragod district of Kerala and petitioner in the landmark judgment of the Supreme Court on Fundamental Rights, passed away in the math in the early hours of Sunday. In a landmark judgement in 1973, the Supreme Court in the Kesavananda Bharathi case said that the “basic structure” of the Constitution cannot be amended. The basic structure doctrine has since been regarded as a tenet of Indian constitutional law.
  • Kesavananda Bharati had filed a case questioning the Kerala government’s move to take over the mutt property.

Germany threatens Russia with sanctions

  • Tensions deepened between Germany and Russia over the alleged poisoning of opposition figure Alexei Navalny, with Germany threatening sanctions. Germany said last week there was unequivocal evidence that President Vladimir Putin’s top foe had been poisoned using the Soviet-era nerve agent Novichok.
  • Germany, which holds the rotating presidency of the European Union, will discuss possible sanctions against Russia if the Kremlin does not provide an explanation soon, Foreign Minister Heiko Maas said on Sunday.

HDFC sanctions Rs 47K cr home loans to over 2 lakh homebuyers under govt’s CLSS

  • Housing finance major HDFC Ltd has approved home loans of over Rs 47,000 crore to more than 2 lakh first-time homebuyers under the government’s Credit Linked Subsidy Scheme (CLSS). HDFC said it has passed on interest subsidy of more than Rs 4,700 crore to these beneficiaries.

Jos Buttler stars as hosts win by six wickets to clinch series

  • England beat Australia by six wickets in the second T20I on Sunday as opener Jos Buttler anchored the run chase with a dashing 77 not out to help the hosts win the three-match series. Victory saw England go an unbeatable 2-0 up in a three-match contest. England, set 158 to win, finished on 158/4 with seven balls to spare.

Mbappe does it for France

  • Kylian Mbappe scored with France's only shot on goal to give the world champions a 1-0 victory over Sweden in the opening round of matches in the Nations League. The strike was enough to give France victory in a cagey opener in Group 3 of the elite League A in the competition.

Metro services resume across the country after a gap of over five months

  • Metro services resumed this morning in different cities across the country after a gap of more than five months. These cities are Delhi, Lucknow, Chennai, Bengaluru, Hyderabad and Ahmedabad.
  • Secretary, Ministry of Housing & Urban Affairs, Durga Shankar Mishra said that passengers will have to follow preventive measures against COVID-19 by maintaining social distance and wearing face masks.

Prahlad Singh Patel virtually attends 5th BRICS Culture Ministers’ Meeting

  • Union Minister of State (I//C) for Culture and Tourism Shri Prahlad Singh Patel virtually attended 5th BRICS Culture Ministers' Meeting. The 5th BRICS Culture Ministers' Meeting was held through video conference under the Chairpersonship of the Russian Federation. The delegates from Culture Ministries of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People's Republic of China and the Republic of South Africa participated in the meeting.
  • During the meeting, the discussion was held on the impact of the epidemiological situation on the cultural sphere in the BRICS countries and review of the possible implementation of joint cultural online-projects within BRICS.

Prakash Javadekar to chair a webinar on first ever International Day of Clean Air For Blue Skies

  • Environment Minister Prakash Javadekar will chair a webinar the first-ever International Day of Clean Air for Blue Skies. Mr Javadekar will also review the progress of activities under the National Clean Air programme (NCAP) during the course of the webinar. The webinar will be joined by Principal Secretaries of the Urban Development Departments and Environment Departments of 28 states and 8 Union Territories. Commissioners of 122 cities as identified in the NCAP programme will also participate.
  • The General Assembly of the United Nations on 19th December last year had adopted a resolution to observe the International Day of Clean Air for Blue Skies on 7th September every year starting from this year.

RBI to banks: Implement revised LFAR norms to improve audit efficiency, risk management

  • The Reserve Bank of India has asked Banks to put into operation revised Long Format Audit Report (LFAR) formats, whereby Statutory Central Auditors (SCAs) will be required to comment on adverse features considered significant in top 50 standard large advances and the accounts which need management’s attention, among others, for the period covering FY 2020-21 and onwards.
  • The LFAR will cover areas such as credit risk; market risk; operational risk; capital adequacy; going concern and liquidity risk assessment; information systems; among others. The SCAs, through LFAR, should examine and comment upon recovery from all the written-off accounts during the financial year; and the system of identifying and reporting of the wilful defaulter.

Softbank partners with Oyo in Latam in move for more oversight

  • Softbank Group is taking a direct role in managing its virus-hit hospitality start-up Oyo's operations in Latin America, through a joint venture which will control all hotels in the region. SoftBank, the biggest investor in Oyo, will use part of its $5 billion Latin America fund to invest in the newly formed company called Oyo Latam which will take over 1,000 hotels mainly in Brazil and Mexico.

SpaceX launches 60 satellites under 12th Starlink mission, claims 100Mbps download speeds

  • Space X launched its 12th Starlink mission successfully. The mission added 60 more satellites into Earth’s lower orbit. During the launch, SpaceX claimed that with the help of these satellites they have been able to record a downloading speed of more than 100Mbps.
  • With Starlink, SpaceX aims to launch close to 12,000 satellites into the lower orbits around our planet which will offer broadband coverage.

US Open: Indo-Canadian duo of Rohan Bopanna and Denis Shapovalov to play men's doubles quarterfinals

  • In the US Open Tennis, the Indo-Canadian pair of Rohan Bopanna and Denis Shapovalov will face the Dutch-Romanian duo of Jean-Julien Rojer and Horia Tecau in the men's doubles quarterfinals. Bopanna and Shapovalov reached the quarterfinals after defeating the German pair of Kevin Krawietz-Andreas Mies 4-6, 6-4, 6-3 in the second-round clash that lasted for an hour and 47 minutes.