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Today Current Affairs for Competitive
Exams - Current Affairs 2021 Online –
25th August 2021
Rs 39 cr memorial announced for Karunanidhi Charlie Watts, the influential longtime
drummer for the Rolling Stones passed away
A Rs 39-crore memorial for late DMK in August 2021.
president and former Tamil Nadu Chief
He had been a member of the Stones since
Minister M Karunanidhi will be constructed at
January 1963, when he joined Mick Jagger,
the Marina on Kamarajar Salai.
Keith Richards, and Brian Jones in their
It is being constructed in recognition of his group.
efforts to create a "modern Tamil Nadu".
In 2016, Watts was ranked 12th in Rolling
The "Kalaignar Memorial" on the famous Stone magazine's list of the 100 greatest
beach, where he has been laid to rest after drummers of all time.
his demise on August 7, 2018, will come up
on 2.21 acres of land. Battery Smart inks deal with GoMechanic
World’s tallest observation wheel to open Battery Smart has announced a partnership
with GoMechanic, a network of tech enabled
The world’s largest and tallest observation car service and spares centres.
wheel will open in Dubai on October 21, 2021.
Battery Smart is a battery swapping network
At nearly twice the height of the London Eye, for electric two and three-wheelers,
Ain Dubai will take visitors to a height of 250
Through the partnership, Battery Smart will
metres from where they could enjoy a
set up battery swapping stations in 100+
majestic view of Dubai’s picturesque skyline.
GoMechanic garages across India, with the
Ain Dubai is the latest landmark to join first one live in west Delhi.
Dubai’s long list of world record-breaking
attractions. FSS Technologies partners with Askrindo
FM Sitharaman launches EASE 4.0 Integrated payments processor provider, FSS
Technologies has announced its partnership
Finance minister Nirmala Sitharaman with Askrindo.
undertake an annual performance review of
Askrindo is an Indonesian insurance services
public sector banks (PSBs) in Mumbai on 25
provider, catering to the insurance needs of
August 2021.
medium and the small enterprise segment.
Enhanced Access and Service Excellence
Askrindo has implemented FSS' Smart Recon
(Ease) 4.0 reforms agenda for financial year
solution to modernize and maximize the
2021-22 was unveiled by FM Nirmala
efficiency of its reconciliation operations.
Sitharaman.
Ease is a common reform agenda for all ‘Forum for Decarbonizing Transport’ launched
Public Sector Banks (PSBs) aimed at
institutionalising clean and smart banking. NITI Aayog and World Resources
Institute(WRI), India, jointly launched the
Charlie Watts passes away ‘Forum for Decarbonizing Transport’ in India
1|Pageas part of the NDC-Transport Initiative for Chandrasekharan was part of the Indian team
Asia (NDC-TIA) project on 23 August 2021. that participated in the 1960 Rome and the
The launch was held virtually and inaugurated 1964 Tokyo Olympics.
by NITI Aayog CEO Amitabh Kant. He was also a member of the Indian team that
The project aims at bringing down the peak won the gold in 1962 Asian Games in Jakarta
level of GHG emissions (transport sector) in and silver medal in Asian Cup in Tel Aviv the
Asia. same year.
He captained the Maharashtra team that won
Safe Cities Index 2021 launched
the 1963 Santhosh Trophy.
A new report by the Economist Intelligence
Arvind: MD of Chennai Petroleum Corporation
Unit (EIU) found that Copenhagen is now the
world’s safest city, surpassing previous Executive Director of Indian Oil Corporation
frontrunners Tokyo, Singapore, and Osaka. Ltd (IOCL), Arvind Kumar, has been
First launched in 2015, the Safe Cities Index appointed as Managing Director of Chennai
is updated once every two years to reveal Petroleum Corporation Limited (CPCL).
which cities are the safest based on new Kumar has been appointed for a period of five
criteria. years with effect from the date of his
Amsterdam and Wellington also feature in the assumption of charge of the post or till the
top 10. date of his superannuation, or until further
orders, whichever is the earliest.
Abhay Kumar appointed Joint Secretary
India, Russia to form a channel
The Appointments Committee of the Cabinet
(ACC) has appointed Abhay Kumar Singh as India and Russia have decided to form a
Joint Secretary of the newly formed Ministry permanent bilateral channel for consultations
of Cooperation. on Afghanistan and Afghan-based terror.
He is an Indian Administrative Service (IAS) This was decided when PM Narendra Modi
officer, Bihar Cadre of 2004 batch. and Russian President Vladimir Putin held a
He has been appointed for a combined tenure detailed dialogue on the situation in the land-
of seven years upto 30 August 2022 from the locked country following the Taliban takeover.
date of assumption of the charge of the post. The mechanism will be formed at a senior
level.
TSECL renews agreement with Bangladesh
Harish Parvathaneni: Ambassador to Germany
The Tripura State Electricity Corporation
Limited has renewed an agreement with the Harish Parvathaneni, an Indian Foreign
Bangladesh government for power export that Service officer of the 1990 batch, has been
expired in March 2021 last. appointed as the next Ambassador of India to
In 2016 TSECL signed the deal with Germany.
Bangladesh for the supply of 160 megawatts He is presently Additional Secretary in the
of power and the five-year agreement expired Ministry, has been appointed as the next
in March 2021. Ambassador of India to the Federal Republic
The state is getting good rates from of Germany.
Bangladesh in comparison to the domestic He is expected to take up the assignment
rates. shortly.
O Chandrasekharan passes away Kathy Hochul: New York’s first female governor
Former Indian Footballer O Chandrasekharan Kathy Hochul has become the first female
passed away in August 2021. governor of New York.
2|Page For the first time, a majority of the most Report and Dashboard 2021-22 will be
powerful figures in New York state launched on 26 August 2021.
government will be women, including state It will be launched by NITI Aayog and the
Senate Majority Leader Andrea Stewart- Ministry of Development of North Eastern
Cousins, Attorney General Letitia James, and Region.
the chief judge, DiFiore. This is the first of its kind region-wide district
The state Assembly is led by Speaker Carl SDG index in the country.
Heastie.
NSA Ajit Doval hosts 11th Meeting of BRICS
Chikungunya vaccine phase trial launched
National Security Adviser Ajit Doval hosted
The International Vaccine Institute (IVI) has the 11th Meeting of the BRICS High
announced that the first participant received Representatives Responsible for National
Bharat Biotech's Chikungunya vaccine Security through video conferencing on 24
candidate (BBV87) in a Phase 2/3 clinical trial Aug'21.
in Costa Rica. India is holding the Chairship of BRICS for
The development is the start of a multi- 2021 which coincides with the 15th
country study led by IVI in partnership with anniversary of the BRICS grouping.
Bharat Biotech and funded by the Coalition for The meeting of the High Representatives took
Epidemic Preparedness Innovations (CEPI). place before the Summit Meeting of Leaders
of the BRICS nations.
SBI to handle Ayushman Bharat Yojana
IEEMA appoints Charu as Director General
The govt of Punjab has selected SBI General
Insurance to service Ayushman Bharat Sarbat Industry body Indian Electrical and Electronics
Sehmat Bima Yojana (AB-SSBY). Manufacturers' Association (IEEMA) has
The scheme will provide cashless health appointed Charu Mathur as its new Director
insurance cover of Rs 5 lakh annually to General (DG).
eligible families. Mathur succeeds Sunil Misra, who
There are more than 40 lakh eligible families superannuated in July 2021.
that are expected to come under the ambit of IEEMA is the apex association of
the scheme. electrical and allied equipment manufacturers
in India
Pakistan gets 2.75 billion from IMF
The Indian electrical equipment industry size
Pakistan has received $2.75 billion from the is USD 50 billion, with exports of USD 8.5
International Monetary Fund (IMF) under a billion.
Special Drawing Rights (SDR) programme to
India's Data centre industry to double by 2023
support low-income countries hit by the
coronavirus. The capacity of the data centre industry is
The funds, part of a $650 billion global expected to double by 2023 to over 1,000
programme, will shore up Pakistan's foreign MW, according to a report released by JLL
reserves. India.
Pakistan has reported more than 1.1 million The capacity expansion is driven by strong
coronavirus cases and more than 25,000 digitalisation, rising cloud adoption and
pandemic-related deaths. ambitious growth plans of data centre
operators.
NERDSD Goal Index Report to be launched
JLL released its 'H1 2021 India Data Centre
First edition of the North Eastern Region Market Update' on 24 August 2021.
District Sustainable Development Goal Index
Infosys touches USD 100-bn m-cap
3|Page Infosys Ltd has become the fourth Indian Indian scientists have for the first time
company to touch a market valuation of USD repaired aero-engine components through a
100 billion. 3D printing technique that can significantly
It has joined the league of TCS, Reliance reduce repair costs.
Industries, and HDFC Bank for crossing the They made powders suitable for the additive
USD 100 billion mark in terms of market manufacturing process called the Directed
capitalization (m-cap). Energy Deposition process.
According to the latest m-cap data, Reliance It was developed by scientists from the
Industries is the most-valued firm, followed by International Advanced Research Centre for
Tata Consultancy Services and HDFC Bank. Powder Metallurgy and New Materials (ARCI).
REITs, InvITs to be included in Nifty indices Pakistan tests indigenous rocket system
Real Estate Investment Trusts (REITs) and Pakistan on 24 August 2021 successfully test-
Infrastructure Investment Trusts would be launched an indigenously developed guided
included in the Nifty indices from September multi-launch rocket system, Fatah-1.
30, 2021. It is capable of precisely delivering
REIT comprises a portfolio of commercial real conventional warheads deep into ''enemy
assets, a major portion of which is already territory.
leased out. This was the second flight of Fatah-1, after its
InvITs comprise a portfolio of infrastructure first launch in January 2021.
assets such as highways, power transmission The fatah-1 weapon system can hit targets up
assets. to a range of 140 km.
India-ASEAN Engineering Partnership Summit Microsoft partner with Invest India
Union Minister of State for Commerce and Microsoft joined forces with Invest India to
Industry Anupriya Patel inaugurated the empower tech startups in the country on 24
"India-ASEAN Engineering Partnership August 2021.
Summit" on 24 Aug'21. Invest India is the national investment
It was organized by the Engineering Exports promotion and facilitation agency of the
Promotion Council (EEPC) with support from Government of India.
the Ministry of External Affairs and the The collaboration would see Microsoft for
Department of Commerce. Startups program working closely with Invest
It offers an important platform for engagement India's AGNIi (Accelerating Growth of New
of Indian industry on India-ASEAN India's Innovations) Mission.
partnership.
MoMA to hold Urdu poetry symposium
eSanjeevani completes 1cr teleconsultations
The Ministry of Minority Affairs (MA) would
The Union health ministry's eSanjeevani has hold an Urdu poetry symposium on August
conducted more than 1 crore 28, 2021, as part of the "Amrit Mahotsav"
teleconsultations across India. celebrations to mark 75 years of
eSanjeevani has been used by the public in Independence.
701 districts across India and over 56 percent The symposium, "Mera Watan, Mera
of the patients on eSanjeevani are females. Chaman", would see poets presenting their
The top 7 states which have registered works on the celebration of India's
highest consultations are Andhra Pradesh, independence.
Karnataka, Tamil Nadu, Uttar Pradesh, The Ministry also aims to organize Mushaira
Gujarat, Madhya Pradesh, and Bihar. and Kavi Sammelan across the country till
2023.
Indigenous powder for repair of aero-engines
4|PageIndia contributes USD 1 million to Zimbabwe The Labour Ministry will launch the National
Database for Unorganised Workers (NDUW)
The Government of India has contributed or e-Shram portal on August 26, 2021.
USD 1 million to the United Nations World
It is estimated that 92% of India's workforce of
Food Programme (WFP) in Zimbabwe to help
500 million is unorganised, often deprived of
affected populations tackle climate shocks.
minimum wages and any form of social
The contribution, provided through the India- security.
UN Development Partnership Fund, would be
This will be a single-point reference to help
used to assist more than 5200 smallholder
authorities reach out to and track workers in
farmers.
the informal sector.
The project would promote the cultivation of
drought-tolerant small grains and legumes. World’s first fossil-free steel manufactured
RapiPay appoints Nipun Jain as CEO The first fossil-free steel in the world has been
delivered by Swedish steelmaker SSAB
RapiPay, a fintech company in the assisted Oxelösund to its first customer, Volvo Group.
payments category, has appointed Nipun Jain The product was manufactured in northern
as the Chief Executive Officer. Sweden, using the Hybrit technology, which
Prior to joining RapiPay, he has previously was developed by SSAB in partnership with
worked with Yes Bank and ICICI Bank. iron-ore miner LKAB and utility Vattenfall.
Jain has over three decades of experience as The technology uses 100% fossil-free
retail banking professional with expertise in hydrogen instead of coal and coke.
setting and scaling up businesses.
Swiggy launches a program
Assam government to spend Rs 7,200 crore
Swiggy has rolled out a program that will see
Assam CM Himanta Biswa Sarma has it offer benefits worth ₹63 crores to
informed that around 11 lakh borrowers who restaurants, especially small and medium
are making regular payments against the loan eateries affected by the pandemic.
will get Rs 25,000 each. The initiative is an extension of Swiggy's
The state government would be required to Jumpstart package launched in June 2020
spend close to Rs. 7,200 crore in loan waiver. which helped over 50,000 restaurants.
The government of Assam signed an MOU The Jumpstart 2.0 program will offer benefits
with Microfinance Institutions for the such as enhanced visibility of restaurants for
implementation of Assam Micro Finance consumers.
Incentive and Relief Scheme (AMFIRS),
2021. Sunpure appoints Sonu Sood for new campaign
Hariswami Das selected for President's Award Edible cooking oil brand Sunpure has
onboarded actor Sonu Sood as its brand
Headmaster of Malda's Shovanagar High ambassador.
School Hariswami Das has been selected for
The actor will be seen in an ad campaign for
the President's Award from Bengal’s Malda the edible oil brand that is largely sold in
for 2021. south India.
He will be awarded for his digital educational The new campaign will be launched in
model created in time of COVID in 2020 by Maharashtra, Karnataka, Kerala, Andhra
reaching digital learning at the doorstep of the Pradesh, Telangana, and Tamil Nadu.
students through relentless hard work.
Sunpure is sold by MK Agrotech Pvt. Ltd,
His attempts to make plastic-free campus is which is a more than two-decade-old
also much acclaimed. company.
Labour Ministry to launch e-Shram portal Harvard publishes a case study
5|Page US-based Harvard University has published a The association will also serve to facilitate
case study on the successful merger of two knowledge and technology transfer,
Indian state-owned banks, Indian Bank and contributing to sustainable development
Allahabad Bank. initiatives in the country.
This is the first time that Harvard has
India's ReNew Power lists on Nasdaq
published a case study on the amalgamation
of two equal-sized Indian banks. ReNew Power Pvt Ltd (ReNew Power) has
The case study titled ‘Merger of Equals’ has become the first Indian top renewable
been commissioned by Indian School of company to go global and get listed in
Business (ISB). Nasdaq.
NHPC signs MoU with PFC It has completed business combination with
US-based RMG Acquisition Corporation II
Hydropower producer NHPC Limited has (RMG II).
signed a memorandum of understanding with ReNew Power in February 2021 had
Power Finance Corporation (PFC). announced a merger with blank-check
The agreement is for funding hydroelectric company RMG II, giving India's biggest
projects by NHPC. renewable power producer an enterprise
PFC will also lend funds for the acquisition of value of $8 billion.
stressed assets.
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