Current Affairs

28 August, 2020

International

A Third of World’s School Children are Unable to Access Remote Learning Due to COVID-19 Shutdown: UNICEF Report

United Nations Children’s Fund(UNICEF) released the Report “ COVID-19: Are Children Able to Continue Learning During School Closures?”,
ii.The report states that at least a third of the school children around the world, which is around 463 million children couldn’t not access remote learning amid the closure of schools due to COVID-19 pandemic.

Ericsson & UNICEF Partnered to Map School Internet Connectivity in 35 Countries

Ericsson, Swedish Telecom Company, partnered with United Nations Children’s Fund(UNICEF) to map internet connectivity landscape for schools in 35 countries by the end of 2023 to provide digital learning access to the children.

National

AIFC signs MoU with FCA for the development of Football in India and Australia

the Association of Indian Football Coaches (AIFC) and Football Coaches Australia(FCA) signed a Memorandum of Understanding(MoU) to support the development of football in both India and Australia.
Objective:
To encourage the involvement of more female coaches and increase the access to football for all participants.

Union Minister Piyush Goyal launches National GIS-enabled Land Bank system

Union Minister for Commerce and Industry, Piyush Goyal e-launched the National GIS(Geographic Information System)-enabled Land Bank system (https://iis.ncog.gov.in/parks) for six states.
The platform will provide a database of industrial areas/clusters across the country and will serve as a one-stop solution to the free and easy accessibility of all industrial information.

Economy

Bajaj Allianz Life Insurance Launched 1st of its Kind ‘Smart Assist’, a Real-time Assistance Service

Bajaj Allianz Life Insurance Company Limited has launched ‘Smart Assist’, a 1st of its kind technology service in the insurance industry.
ii.Through a secure screen sharing feature, the service allows the customers to connect with the company to avail real-time assistance on completing the purchase anywhere.
iii.It helps the customers to know about product details while enjoying virtual assistance and maintaining social distance protocol.

HDFC Bank to Partner with Adobe to Enhance Digital Customer Experiences

HDFC Bank announced a strategic partnership with Adobe to enhance the Digital Experiences of its Customers. The partnership is powered by Adobe Experience Cloud Solutions and will help HDFC Bank to deliver personalised digital experiences to existing as well as new customers, at anytime and anywhere.

Innoviti and Visa Partnered to develop installments platform for face-to-face transactions

Innoviti Payment Solutions Pvt. Ltd.(Innoviti) and Visa have partnered to develop an installment platform, which will enable the issuers to extend credit to their cardholders at face-to-face Point of Sale(PoS) in India.
ii.The installments platform with the suite of platform capabilities leveraging Innoviti’s uniPAYNEXT platform and Visa’s APIs, provides shoppers the ability to choose how they pay during the purchase.

RBI Announced Purchase & Sale of Govt Securities under OMO worth Rs 20,000 crore

Reserve Bank of India (RBI) announced a simultaneous purchase and sale of government securities (G-Secs) under open market operations (OMO) for an aggregate amount of Rs 20,000 crore in two equal tranches of Rs 10,000 crore on August 27, 2020 and September 03, 2020 on account of current and evolving liquidity and market conditions.

Sports

Australian Cricketer Cameron White announces Retirement from Professional Cricket

Australian All-Rounder Cameron Leon White announced his retirement from Cricket at the age of 37. He has captained the Australian Team Seven Times including One Day International (ODI) & Twenty20 Internationals(T20I).
i.He has represented Australia in 4 Tests, 91 ODIs & 47 T20Is scoring 146 runs in Tests, 2072 in ODIs and 984 runs in T20I.
ii.He has played for clubs like Adelaide Strikers, Deccan Chargers, Melbourne Renegades, Melbourne Stars, Northamptonshire, Royal Challengers Bangalore, Somerset, Sunrisers Hyderabad, Victoria Bushrangers.
iii.He last played for Australia in an ODI against England in 2018.

Miscellaneous

Defence Minister Shri Rajnath Singh launched mobile App, ‘DGNCC’ for NCC Training

Defence Minister Rajnath Singh launched Directorate General National Cadet Corps (DGNCC), a mobile training app which will help in conducting a countrywide online training for the National Cadet Corps (NCC).
i.Since the training of NCC Cadets is mostly contact based training, it has been affected due to the pandemic.

IIT Alumni Council Partnered with Russoft & Moscow State University to Build World’s Largest & Fastest Hybrid Quantum Computer

Indian Institute of Technology’s (IIT) Alumni Council has signed an agreement with Russia’s Lomonosov Moscow State University (MSU) and Russoft, an association of software developing companies, to access and transfer key technologies from Russia to build the world’s largest and fastest hybrid quantum computer in India.

CCI Approved Acquisition by Tau Investment, Lightstone Fund S.A and Carlyle Group’s Comfort Investments II

The Competition Commission of India (CCI) has approved the following proposals:
i.Acquisition of up to 64.90% of share capital of J B Chemicals & Pharmaceuticals Ltd by Tau Investment.
ii.Under Section 31(1) of the Competition Act, 2002, CCI has approved the acquisition by Lightstone Fund S.A., for and on behalf of Lightstone Global Fund (LGT) of certain equity stakes in 91Streets, Ascent, API, Aahaan and Lokprakash(all are Pvt Ltd).
iii.Acquisition of Nxtra Data Ltd by Carlyle Group’s Comfort Investments II.

Marieke Lucas Rijneveld becomes Youngest Author to Win International Booker Prize for the Book ‘The Discomfort of Evening’

Dutch Author Marieke Lucas Rijneveld won the 2020 International Booker Prize for the Literary fiction book ‘The Discomfort of Evening’. Rijneveld became the youngest author to win the prize at the age of 29.
The Book was first published in Dutch in 2018 and eventually translated into English by Michele Hutchison. The International Booker prize is separate from the main Booker Prize.

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