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Current Affairs - 4 August 2021 ============================ | UPSC Notes EPFO Labour Law

Current Affairs - 4 August 2021
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1. Bhubaneswar becomes first city in country to achieve 100% vaccination against covid-19
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Bhubaneswar has become the first Indian city to achieve 100 per cent COVID-19 vaccination. The Bhubaneswar Municipal Corporation (BMC) had launched a massive vaccination drive against Covid-19. This milestone is credited to the BMC running 55 centres at all times for vaccines.

2. Union Minister of Science & Technology releases “Biotech-PRIDE”.
The Union Ministry for Science & Technology has released “Biotech-PRIDE (Promotion of Research and Innovation through Data Exchange) Guidelines”. The Biotech-PRIDE Guidelines have been developed by the Department of Biotechnology (DBT).

3. Nikol Pashinyan re-appointed as PM of Armenia.
Nikol Pashinyan has been re-appointed as the prime minister of Armenia by President Armen Sarkissian. The 46-year-old Pashinyan was first appointed as the prime minister in 2018.

4. HDFC Bank launches ‘Dukandar Overdraft Scheme’.
HDFC Bank announced the launch of an overdraft facility for small retailers in partnership with CSC SPV. Known as ‘Dukandar Overdraft Scheme’. The scheme by HDFC Bank is aimed at helping shopkeepers and merchants ease their cash crunch.

5. Indian Bank signs MoU with IIT Bombay for startup financing.
Indian Bank has entered into a Memorandum of Understanding with the Society for Innovation and Entrepreneurship (SINE) – an initiative of the Indian Institute of Technology, Bombay – for extending exclusive credit facilities to startups and MSMEs. The Bank will extend loans of up to 50 crore rupees to these start-ups for their working capital requirements or purchase of machinery and equipment.

6. RBI imposes penalty of Rs 50.35 lakh on Janalaxmi Co-operative Bank.
Reserve Bank of India has imposed a penalty of Rs 50.35 lakh on Janalaxmi Co-operative Bank, Nashik for non-compliance with certain regulatory requirements. The penalty on Janalaxmi Co-operative Bank has been imposed for non-compliance with directions issued by RBI on ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks’ and ‘Membership of Credit Information Companies (CICs)’.

7. Bvlgari appoints Priyanka Chopra as its global brand ambassador.
Italian luxury brand Bvlgari has appointed actor Priyanka Chopra Jonas as global brand ambassador.

8. US clinches CONCACAF Gold Cup in football.
United States clinched an exhilarating 1-0 extra-time win over defending champion Mexico to claim a seventh CONCACAF Gold Cup. Just three minutes were left in extra time when the US defender head-butted a cross by Kellyn Acosta past Mexican goalkeeper Alfredo Talavera.

9. Alexander Zverev wins gold in men’s singles tennis at Tokyo Olympics 2020.
Germany’s Alexander Zverev beats Russian Karen Khachanov 6-3 6-1 to win the men’s singles gold at the Tokyo Olympics. He became the first German man to win singles Olympic gold.

10. ISRO-NASA joint mission NISAR Satellite to be launched in 2023.
The ISRO-NASA joint mission NISER (NASA-ISRO Synthetic Aperture Radar) satellite, aimed at making global measurement of land surface changes using advanced radar imaging, is proposed to be launched in early 2023. It is a dual-band (L-band and S-band) radar imaging mission with the capability of full polarimetric and interferometric modes of operation to observe minor changes in land, vegetation and cryosphere.