01 September 2018 - Daily Current Affairs

01 September 2018 - Daily Current Affairs

01 September 2018 - Daily Current Affairs

1. Amit Panghal wins gold in Boxing at Asian Games 2018

  • Indian boxer Amit Panghal (22-year) has won the gold medal in Men’s 49kg category at Asian Games 2018.
  • He beats reigning Olympic champion Hasanboy Dusmatov (Uzbekistan).
  • India's Pranab Bardhan (60-years) and Shibhnath Sarkar (56-years) win the gold medal in Bridge final event at Asian Games 2018.
  • Panghal was born in Mayna village of Rohtak district, Haryana.
  • As of March 2018, Panghal works for the Indian Army as a junior commissioned officer (JCO).

2. Sakshi Choudhary clinches the gold medal at World Youth Boxing in Budapest

  • Former junior world champion boxer ‘Sakshi Choudhary’ has won the gold at the World Youth Boxing in Budapest in the 57-kilogram category.
  • She beat Nikolina Cacic (Croatia).
  • Manisha and Anamika settled for silver medals in the 64 kg and 51 kg categories.
  • The AIBA Youth World Championships is a boxing championship event organised by the AIBA for "Youth" competitors who are between the age of 15-17 years old.


3. Jain Muni Tarun Sagar passes away

  • Influential Jain Muni Tarun Sagar (51-year) passed away after the prolonged illness in Delhi.
  • Tarun Sagar had stopped taking his medication and opted for ‘Santhara’ - the Jain ritual of fasting to death.
  • He was popularly known for his sermons titled 'Kadve Pravachan'.
  • He enjoyed a massive fan following even outside the Jain community and was known for his nationalist views.
  • Tarun Sagar was born on 26th June 1967 in a small village Guhanchi in Damoh, Madhya Pradesh, India

Banking & Finance

4. GDP growth soars to 8.2% in the first quarter of current fiscal

  • According to the Finance Minister Arun Jaitley, Indian economy grew by 8.2% in the first quarter of the current fiscal.
  • The manufacturing sector grew by 13.5% which signals a very good turnaround in the sector.
  • The construction sector also grew robustly at about 8.99 per cent.
  • The GDP growth rate of 8.2 per cent for the April-June quarter of the fiscal year 2018-19 indicates clearly that several structural reforms introduced such as Goods and Services Tax have started giving rich dividends.
  • Non-food credit growth in the system accelerated to 10.6% for July as compared to previous year, driven by loans to the services sector growing at the faster clip.
  • Credit to the services sector grew 23% for the reporting period, up from the year-ago period's 4.9%.

Honours & Awards

5. Basant Mishra to get prestigious Dr BC Roy Award

  • Dr B.K. Misra has been named for this year's prestigious Dr B.C. Roy National Award as an Eminent Medical Person of the Year.
  • Currently, Odisha’s Dr Mishra is leading the Department of Neurosurgery & Gamma Knife Radiosurgery at Hinduja Hospital, Mumbai
  • The award will be given away by President Ram Nath Kovind on 1st July 2019 (National Doctors Day).
  • The highest medical honour of India, instituted by the Medical Council of India in 1962,
  • The award was instituted in 1976 by the Government of India under the aegis of the Medical Council of India.
  • The award is named after Dr Bidhan Chandra Roy, a former chief minister of the Indian state of West Bengal.

National Appointments

6. Balesh Sharma appointed Vodafone Idea's first CEO

  • Balesh Sharma takes over as Vodafone Idea's first CEO.
  • Earlier, he was the Chief Operating Officer (COO) of Vodafone India and a member of its executive committee.
  • Sharma holds degrees in Mechanical Engineering and MBA (Marketing and Finance) from the University of Rajasthan.
  • Kumar Mangalam Birla heads the merged company as the Chairman.
  • Vodafone India merged into Idea Cellular and was renamed as Vodafone Idea Limited.
  • Currently, the Vodafone Group holds a 45.2% stake in the combined entity, the Aditya Birla Group holds 26% and the remaining shares will be held by the public.

7. Sunil Mehta elected as the IBA Chairman

  • Punjab National Bank, Managing Director & CEO Sunil Mehta has been elected as the Chairman of Indian Banks Association (IBA) for the year 2018-19.
  • Managing Director and CEO of Bank of India ‘Dinabandhu Mohapatra’ has been elected as IBA’s Deputy Chairman.
  • Indian Banks' Association (IBA), formed on 26 September 1946 as a representative body of management of banking in India operating in India.
  • Indian Banks' Association is managed by a managing committee, and the current managing committee consists of one chairman, 3 deputy chairmen, 1 honorary secretary and 26 members.

8. RBI clears Rana Kapoor’s reappointment as YES Bank MD

  • he Reserve Bank of India (RBI) gave its approval for the re-appointment of Rana Kapoor “till further notice” as the Managing Director and CEO of the Yes bank.
  • The bank’s shareholders had proposed re-appointment of Kapoor for a three-year term.

National Affairs

9. 7th Meeting of National Medicinal Plants Board held at New Delhi

  • The Seventh meeting of National Medicinal Plants Board (NMPB) of Ministry of AYUSH was held under the chairpersonship of Minister of State for AYUSH, Shri Shripad Yesso Naik at New Delhi.
  • The Union Government will support as far as possible for the development of medicinal plants sector.
  • The Board meeting considered various Agenda Items placed before it for consideration.

10. PM Modi launches India Post Payment Banks across country

  • Prime Minister Narendra Modi has launched the India Post Payments Bank (IPPB) at Talkatora Stadium in New Delhi.
  • Currently, IPPB have 650 branches and 3250 access points spread across the country.
  • 650 branches of the bank along with 3250 customer access points are operational across the country from September 2018.
  • The government aims to link all the 1.55 lakh post offices to the India Post Payments Bank system by 31st December 2018.
  • The Bank will offer a range of products such as savings and current accounts, money transfer, bill and utility payments and merchant payments.
  • IPPB has been envisioned as an accessible, affordable and trusted bank for the common man to help speedily achieve the financial inclusion.

11. AYUSH Minister inaugurates the Fourth International Ayurveda Congress

  • AYUSH Minister of State (IC) Shri Shripad Yesso Naik has inaugurated the 4th International Ayurveda Congress (IAvC) at the Netherlands.
  • The congress would focus on promotion and propagation of Ayurveda in the Netherlands and its neighbouring countries of Europe.
  • The Congress jointly organized by International Maharishi Ayurveda Foundation, Netherlands; All India Ayurvedic Congress, New Delhi and the International Academy of Ayurveda, Pune in association with the Indian Embassy in the Netherlands.

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