Jul 15, 2024

2nd September 2023 Daily Current Affairs

National & International Organizations

1. Amazon partners with India Post, Railways for international deliveries

  • Amazon has signed a MoU with the Indian postal service and has also partnered with the Indian Railways for a dedicated freight corridor that will help Amazon expedite deliveries for its seller partners.
  • Aim: To create the first-of-its-kind, seamless, integrated cross-border logistics solution.
  • Smbhav, which is a corruption of the word Sambhav in Hindi, is Amazon’s event that is focused on enlightening MSMEs about the opportunities that technology makes possible.

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National Affairs

2. Health Minister inaugurates Amrita Patel Centre of Public Health in Gujarat

  • Union Health Minister Mansukh Mandaviya inaugurated the Amrita Patel Centre of Public Health in Anand Gujarat.
  • According to Mandaviya, India is leading the world in the health sector today.
  • Aim: To strengthen the health infrastructure in the country.
  • The Government is making wide efforts to provide affordable and accessible healthcare for all.
  • Mandaviya who is on a visit to Gujarat, will attend several programmes in Surat later in the day.

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Sports

3. Indian Men’s Hockey team beat Pakistan to win Men’s Hockey 5s Asia Cup 2023

  • The Indian Hockey team beat Pakistan in a penalty shootout in the final and won the inaugural Men’s Hockey 5s Asia Cup 2023 in Salalah, Oman.
  • India also qualified for the FIH Men’s Hockey5s World Cup Oman 2024.
  • This is the first time in three meetings that India has beaten Pakistan in the Hockey 5s format.
  • Hockey India President Dilip Tirkey congratulated the team on qualifying for the FIH Men’s Hockey5s World Cup Oman 2024 and winning the Gold medal.

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Defense

4. GalaxEye launches drone-based imaging prototype

  • Ahead of their planned satellite launch in 2024, IIT Madras-incubated space tech startup GalaxEye Space launched their drone-based synthetic aperture radar (SAR) system.
  • Aim: To combine the prowess of the drone-based SAR system and their planned imaging satellites to provide all-weather imaging data from space.
  • GalaxEye’s satellite launch in Q3 of 2024 will be the latest in the long line of Indian space tech startups that are currently preparing to launch into space.

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Banking & Finance

5. Mastercard launches ALT ID solution for enhanced online payment security

  • Mastercard has launched the ALT ID solution in India to enhance the security of guest checkout transactions on e-commerce platforms, simplifying payments for merchants and cardholders.

About ALT ID 

  • ALT ID stands for Alternate Identification Number
  • It is a custom-made capability developed by Mastercard to create an alternate identifier for the real card numbers provided by cardholders when at guest checkout transactions on e-commerce platforms.

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Defense

6. Titagarh Rail Systems launches diving support craft for Indian Navy

  • Titagarh Rail Systems Limited’s shares were up by 0.84 percent after the company launched its first Diving Support Craft (DSC) from its shipyard in Titagarh, West Bengal.
  • Aim: To play a vital role within the Indian Navy’s Southern Naval Command Clearance Diving Teams, offering essential support during underwater repair, maintenance, and salvage operations within designated harbors
  • The project aligns seamlessly with the Government of India’s ‘Make in India’ initiative.

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Banking & Finance

7. PhonePe enters online stock broking with a new app

  • PhonePe announced its foray into the stock broking business with the launch of a new mobile application called ‘Share(dot)Market’, under its subsidiary PhonePe Wealth Broking.
  • This App elevates discount broking by providing market intelligence and quantitative research-based Wealth Baskets, a scalable technology platform.
  • It will be available as a mobile app and a dedicated web platform, enabling retail investors to buy stocks, engage in intra-day trades.

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Important Dates

8. National Skyscraper Day is observed on 3rd September

  • Skyscraper Day is celebrated on September 3 every year to capture people’s imagination.
  • The theme of National Skyscraper Day 2023 is Go on and try to tear me down I will be rising from the ground
  • This day is our golden opportunity to appreciate these architectural marvels and feats of engineering.
  • Hosting a skyscraper is really a mark of your city’s economic prowess, and cities with more skyscrapers tend to see more business activity than cities with lower rooftops.

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Obituaries

9. Veteran Tamil actor and comedian RS Shivaji passes away at 66

  • Popular comedian and actor RS Shivaji passes away in Chennai 
  • Shivaji had a strong collaboration with actor Kamal Haasan and his production house Raaj Kamal Films International, contributing to many successful Tamil projects.
  • Besides acting, Shivaji’s career skills extended to assistant direction, sound design, and line production for multiple Tamil films.
  • The actor predominantly worked in Tamil Cinema. Born in Chennai in 1956 to actor and producer M.R. Santhanam

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National Affairs

10. CCI approves merger of Tata SIA Airlines into Air India

  • The Competition Commission of India (CCI)  approved the merger of Tata Group airlines Vistara and Air India
  • This will make Air India, India’s leading domestic and international carrier with a combined fleet of 218 aircraft, making it India’s largest international carrier and second largest domestic carrier.
  • The deal is part of Tata Sons chairman N Chandrasekaran’s effort to simplify the conglomerate’s businesses and make them more efficient.

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