Current Affairs

10 September, 2020

International

India’s child mortality rate declines from 3.4 million in 1990 to 824,000 in 2019: UN report

According to ‘Levels & Trends in Child Mortality’ Report 2020, India’s child mortality rate has declined from 3.4 million in 1990 to 824,000 in 2019. The report was prepared by the United Nations Inter-Agency Group for Child Mortality Estimation (UN IGME).
The Report shows that the number of global under-five deaths dropped to its lowest point on record in 2019, down to 5.2 million from 12.5 million in 1990.
The new mortality rates have been released United Nations Children’s Fund (UNICEF), the World Health Organization (WHO), Population Division of the United Nations, Department of Economic and Social Affairs and the World Bank Group.

India & Angola Held its 1st Joint Commission Meeting Virtually; Inked 3 Pacts

India- Angola Joint Commission held its 1st meeting through video-conferencing. During the meeting India and Angola agreed to expand their trade relations and also discussed cooperation in health, pharmaceuticals, defence, agriculture, food processing, digitization and telecom.
About Angola:
Capital– Luanda
Currency– Angola Kwanza

National

PGCIL to become 1st PSU in power sector to undertake asset monetization through InvIT model

Cabinet Committee on Economic Affairs (CCEA) approved to monetize state-run Power Grid Corp. of India Ltd’s (PGCIL), under Ministry of Power transmission projects that were won through a bidding process. The monetisation of assets of POWERGRID will be done through the Infrastructure Investment Trust(InvIT) model.

Karnataka CM Launches Country’s First Integrated Air Ambulance Services

Karnataka Chief Minister B S Yediyurappa launched the Country’s First Integrated Air Ambulance Services at Jakkur Aerodrome, Bangalore.It is the first air ambulance operating from South India to provide services for medical emergencies.Air ambulance firm International Critical Air Transfer Team (ICATT) will run the services in collaboration with aviation technology firm Kyathifrom the HAL airport in Bengaluru.ICATT-Kyathi’s fixed wing aircraft is capable of long distance emergency medical transportation. It is combined with helicopter and land ambulance services which will provide last mile connectivity.

Economy

Vodafone Idea unveils new integrated brand identity ‘Vi’

Vodafone Idea virtually unveiled their new integrated brand identity ‘Vi’ (Pronounced as We) and a new logo. It comes two years after the merger of Vodafone and Idea.The Brand Integration marks the completion of the largest telecom merger in the world, it will set the company on a future journey to provide strong digital experiences to 1 billion Indians on its 4G Network.
About Vodafone-Idea Ltd:
Chief Executive Officer (CEO) & Managing Director (MD) – Ravinder Takkar
Headquarters – Mumbai (Maharashtra)

SBI Mutual Fund Launched SBI Magnum Children’s Benefit Fund (Investment Plan)

SBI Mutual Fundlaunched SBI Magnum Children’s Benefit Fund (Investment Plan), an open-ended fund for parents to invest for their children. It is a part of SBI Magnum Children’s Benefit Fund that currently has a savings plan, a predominantly debt-oriented offering.
About SBI Mutual Fund:
Headquarters– Mumbai, Maharashtra
Managing Director & Chief Executive Officer– Vinay M. Tonse

PayU Finance Launches First-of-its-kind Digital Revolving Credit Line called ‘LazyPlus’

PayU Finance, India’s leading alternative lending platform, has launched the first-of-its-kind digital revolving credit line called ‘LazyPlus’, which combines power of Unified Payments Interface (UPI) and Buy-Now-Pay-Later concept.It is part of response to the market’s demand for easy access to credit across online and offline platforms and pay-later options.

India, ADB Sign $500 Million Loan For Delhi-Meerut RRTS Corridor, 1st of its kind in India

Government of India (GoI) and Asian Development Bank (ADB) signed a $500 million loan agreement for the Delhi-Meerut RRTS (regional rapid transit system) Investment Project.This is the first tranche of a total $1billion (about Rs 7,485 crore) facility.The loan agreement was inked by Sameer Kumar Khare, additional secretary (Fund Bank and ADB) of Department of Economic Affairs (DEA), and Kenichi Yokoyama, country director of ADB’s India Resident Mission.
About Asian Development Bank (ADB):
Headquarters– Mandaluyong, Metro Manila, Philippine
President-Masatsugu Asakawa
Members– 68 Countries

Sports

Cricketers Smriti Mandhana and Bhuvneshwar Kumar Became the Brand Ambassadors of Playerzpot

Playerzpot, India’s leading sports gaming platforms signed cricketers Smriti Mandhana and Bhuvneshwar Kumar as their brand ambassadors. The cricketers will feature in the future brand campaigns of Playerzport and promote Playerzpot through engagement activities.

Miscellaneous

Northrop Grumman Named its NG-14 Cygnus Spacecraft as ‘SS Kalpana Chawla’ after Former Astronaut Kalpana Chawla

Northrop Grumman Corporation(Northrop Grumman) has named its next Cygnus Spacecraft, NG-14 as ‘SS Kalpana Chawla’ after Dr Kalpana Chawla, a former NASA(National Aeronautics and Space Administration), United States of America-USA Astronaut.

Sir David Attenborough, British Broadcaster is Honoured with Indira Gandhi Peace Prize

Over a virtual event, Former Prime Minister Manmohan Singh conferred the Indira Gandhi Peace Prize for the year 2019 upon Sir David Attenborogh, a British broadcaster. Sonia Gandhi, President of Congress was also present during the event.

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