Current Affairs - August 16, 2023 Current Affairs

In a significant stride towards accessible and affordable healthcare, Goa has emerged as the trailblazer among Indian states by introducing free In vitro fertilization (IVF) treatment.

The Indian Space Research Organisation (ISRO) is launching its first solar mission, Aditya-L1, to study the Sun. The mission will be placed in a halo orbit around Lagrange point 1 (L1), which is about 1.5 million kilometres from Earth.

Viacom18, a prominent player in the Indian media and entertainment industry, has made significant strides in merging its two Over-The-Top (OTT) platforms, JioCinema and Voot.

The Parsi New Year, also referred to as Navroz or Nowruz, is a joyous occasion celebrated between July and August, this year Parsi New Year is marked on 16th August.

The death anniversary of Atal Bihari Vajpayee was observed on 16th August.

Maharashtra has emerged as the front-runner in the Fiscal Health Report, showcasing commendable financial stability. Surprisingly, Chhattisgarh, a state often associated with economic challenges, secured an unexpected second position in the rankings.

India's largest public sector lender, the State Bank of India (SBI), remained the front runner in the Debit cards market, holding a whopping 28% share in June 2023, revealed the latest data by 1 Lattice (Previously PGA Labs).

In a momentous celebration, the CSIR-National Botanical Research Institute (CSIR-NBRI) launched an extraordinary variety of the national flower, Lotus, named ‘Namoh 108‘. This unique flower boasts an astonishing 108 petals and was dedicated to the nation on the eve of Independence Day.

Former India captain and legendary footballer Mohammed Habib passed away. He represented India in many international tournaments from 1965-76.

In a notable display of maritime cooperation, the guided missile corvette INS Kulish made its presence felt during Singapore’s 77th Independence Day festivities.

Recent study conducted by SBI Research economists is projecting a remarkable increase in per capita income. The study suggests that India’s per capita income is poised to surge by 7.5 times, from Rs 2 lakh ($2,500) in FY23 to Rs 14.9 lakh ($12,400) per annum by FY47.

President Smt Droupadi Murmu has given her approval for 76 Gallantry awards to members of the Armed Forces and Central Armed Police Forces on the occasion of Independence Day 2023.

Finance Minister Smt Nirmala Sitharaman introduced the Mahila Samman Savings Certificate (MSSC), a small savings scheme for women and girls in August 2023.

Bandhan Bank announced a strategic partnership with the Odisha Government.

Brazil forward Neymar Jr has signed for Saudi Arabia’s Al-Hilal from Paris Saint-Germain (PSG), the clubs announced.

Padma Shri awardee and former President of Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), Prof. M.R. Satyanarayana Rao passed away at his residence in Tata Nagar in Bengaluru on August 13 night.

In a significant stride towards indigenous manufacturing and innovation, the state-owned company Advanced Weapons and Equipment India Limited (AWEIL), based in Kanpur, Uttar Pradesh, is all set to unveil ‘Prabal‘, India’s first long-range revolver.

Raj Chetty, an economist, and Michael Springer, a biologist, have both received the George Ledlie Prize from Harvard University for their significant contributions in their fields.

The Indian Space Research Organisation (ISRO) continues its impressive progress in the Chandrayaan-3 mission, as it successfully executed another vital orbit reduction manoeuvre on August 14. This manoeuvre brings the spacecraft a step closer to achieving a precise landing on the lunar surface.