Current Affairs - August 29, 2023 Current Affairs

Life Insurance Corporation of India (LIC) and Mumbai-headquartered Saraswat Cooperative Bank have entered into a partnership under which the bank will sell the insurance major’s products.

The latest government data reveals a noteworthy decline in FDI inflows into India during the first quarter of the fiscal year 2023-24. The decline, amounting to 34%, saw FDI plummet to $10.94 billion from $16.58 billion in the same period of the previous fiscal year.

On 25th August, the Indian Cricket Board announced that the IDFC First Bank has grabbed the title rights for the home international series of the Board of Control for Cricket in India (BCCI) for three years.

Indian multinational consumer goods company, Dabur India Limited has signed the youth sensation Kartik Aaryan as the face of its newly launched gel toothpaste- Dabur Red Bae Fresh Gel.

The State Bank of India (SBI) has introduced an innovative Customer Service Points (CSP) functionality that allows customers to seamlessly enrol in essential social security schemes using just their Aadhaar cards. The move was unveiled by SBI's Chairman, Dinesh Khara, who emphasized the bank's commitment to breaking down barriers to financial security through technology-driven solutions.

Celebrity Chef Sanjeev Kapoor is the brand ambassador for the Indane XTRATEJ LPG brand.

In a significant step towards elevating the status of football in Maharashtra, the state government has entered into a memorandum of understanding (MoU) with the renowned German professional football league, Bundesliga.

The International Day of the Victims of Enforced Disappearances is observed every year on August 30.

As a part of the Reserve Bank of India's ongoing Central Bank Digital Currency (CBDC) initiative, Axis Bank has launched a new UPI interoperability functionality on its 'Axis Mobile Digital Rupee App' to enhance the use of Digital Rupee among its customers.

To celebrate the 8th foundation day, Bandhan Bank opened its branch in the Leh district of Union Territory (UT), Ladakh, marking its presence in 35 of the 36 states and UTs of India.

International Whale Shark Day is celebrated every year on August 30 to raise awareness about the plight of whale sharks, the largest fish in the world.

President Droupadi Murmu unveiled a commemorative coin in honour of the legendary actor and former chief minister of Andhra Pradesh, late N T Rama Rao.

State Bank of India (SBI) launched its non-callable term deposits called SBI ‘Sarvottam’ for deposits above Rs 15 lakh.

Jayanta Mahapatra, one of India’s best-known English poets, passed away at the age of 95. The legendary poet has left an imprint in Indian English poetry with his writings spanning over 50 years.

The second G20-Chief Scientific Advisers’ Roundtable meeting began in Gandhinagar. Science advisors, Scientists, researchers from G 20 countries, and invited countries are taking part in the meeting.

On August 30th every year, India observes National Small Industry Day, a day dedicated to recognizing and celebrating the invaluable contribution of small industries to the nation’s economic development.

World governing body FIFA has lifted the ban on the Sri Lanka Football Federation (FFSL). The ban was imposed in January 2023 due to government interference in the federation’s affairs.

Airtel Payments Bank, a prominent player in the digital banking space, has introduced Fastag-based parking payments, a streamlined solution for parking payments at Jayprakash Narayan International Airport in Patna.

In a significant development for global business and economic collaboration, India has gracefully handed over the B20 presidency to Brazil, making the transition towards the G20 summit in 2024.

On 25th August 2023, a special event took place at the Rashtrapati Bhavan Cultural Centre as President Draupadi Murmu unveiled a postage stamp in memory of Dadi Prakashmani.