9th August, 2022

1. Indian Institute of Management (IIM) Kozhikode has launched a ‘Centre for Climate Studies’ to focus on Climate Leadership, Internationalization and Management for policy Advancement, Technology and Enterprise (CLIMATE).
2. Union Power Ministry has released the 10th Integrated Rating of Power Distribution Utilities.
3. Union Govt is planning to launch a production-linked incentive (PLI) scheme to promote the manufacturing of offshore wind turbines.
4. 7th meeting of the NITI Aayog’s governing council meeting was held, under the chairmanship of PM Narendra Modi, at Rashtrapati Bhawan Cultural Centre, New Delhi.
5. Hindustan Aeronautics Ltd (HAL) is working on an AI-driven multi-role, advanced and long endurance drone for strategic missions in high-altitude areas including along the frontiers with China.
6. For the first time, a US-ship named USNS Charles Drew has arrived at L&T’s Kattupalli shipyard for undertaking repairs and allied services.
7. Google has launched “India ki Udaan” initiative to convey the tale of 75 years of India.
8. Dhanlaxmi Bank has partnered with New Street Technologies (fintech company) for lending operations management and technology services.
9. RBI has announced to bring the Credit Information Companies (CIC) under the ambit of Reserve Bank Integrated Ombudsman Schemee.f., September 1, 2022.
10. Inderjit Camotra has been appointed as the MD and CEO of Unity Small Finance Bank.
11. Senior electrochemical scientist Nallathamby Kalaiselvi has become the first woman director general of the Council of Scientific and Industrial Research (CSIR).
12. August 7 – National Handloom Day (8th edition)
13. India has won the SAFF U-20 Championship at the Kalinga Stadium in Bhubaneswar after defeating Bangladesh.
14. “How China Sees India and the World” book has been authored by Shyam Saran.

National News

1. Indian Institute of Management (IIM) Kozhikode has launched a ‘Centre for Climate Studies’ to focus on Climate Leadership, Internationalization and Management for policy Advancement, Technology and Enterprise (CLIMATE).
   • IIM-Kozhikode and Cochin Shipyard Ltd have signed an agreement to boost startups in the Maritime Sector.
   • IIM Kozhikode and Cochin Shipyard’s business incubator Laboratory for Innovation Venturing and Entrepreneurship (LIVE) would help in their plans.
2. Union Power Ministry has released the 10th Integrated Rating of Power Distribution Utilities.
   • Total – 71 DISCOM companies were evaluated
   • Parameters – financial sustainability, performance excellence and external environment and their ability to sustain improvements year over year
   • The Integrated Rating exercise has been carried out annually since 2012 to evaluate the performance of utilities on the above-mentioned parameters.
   • A total of 12 DISCOMS made it to A+ grade, including six State-run utilities from Gujarat (4), Dadra & Nagar Haveli (1) and Haryana (1) and six private utilities from Gujarat (2), Maharashtra (2), Uttar Pradesh (1) and West Bengal (1).

3. Union Govt is planning to launch a production-linked incentive (PLI) scheme to promote the manufacturing of offshore wind turbines.
   • India aims to achieve 30GW offshore wind energy capacity by 2030.
   • National Offshore Wind Energy Policy was launched in 2015.
   • India’s coastline is 7,600-km long. But, there is no offshore wind project.
4. 7th meeting of the NITI Aayog’s governing council meeting was held, under the chairmanship of PM Narendra Modi, at Rashtrapati Bhawan Cultural Centre, New Delhi.

Defence News

1. Hindustan Aeronautics Ltd (HAL) is working on an AI-driven multi-role, advanced and long endurance drone for strategic missions in high-altitude areas including along the frontiers with China.
2. For the first time, a US-ship named USNS Charles Drew has arrived at L&T’s Kattupalli shipyard for undertaking repairs and allied services.

Banking and Economy

1. Google has launched “India ki Udaan” initiative to convey the tale of 75 years of India.
   • Google has also announced its popular Doodle4Google contest for 2022 on the theme of “In the next 25 years, my India will…” for the students of Classes 1-10.
   • Prize – Rs 5 lakh college scholarship, a Rs 2 lakh technology package for their school or non-profit organisation, a recognition of achievement, Google hardware and fun Google collectibles.
   • The winner’s artwork will be displayed on Doodle4Google on November 14 (Children’s Day in India).
2. Dhanlaxmi Bank has partnered with New Street Technologies (fintech company) for lending operations management and technology services.
   • As part of the partnership, New Street Technologies will provide the bank technical support on digital onboarding and serve as a business correspondent in microlending.
3. RBI has announced to bring the Credit Information Companies (CIC) under the ambit of Reserve Bank Integrated Ombudsman Schemee.f., September 1, 2022.
   • This initiative will provide grievance redressal services to the customers of CICs as well.

Appointments

1. Inderjit Camotra has been appointed as the MD and CEO of Unity Small Finance Bank.
2. Senior electrochemical scientist Nallathamby Kalaiselvi has become the first woman director general of the Council of Scientific and Industrial Research (CSIR).
   • Known for her work in the field of lithium ion batteries, Kalaiselvi is at present director of the CSIR-Central Electrochemical Research Institute at Karaikudi in Tamil Nadu.

Important Days

1. August 7 – National Handloom Day (8th edition)

Sports

1. India has won the SAFF U-20 Championship at the Kalinga Stadium in Bhubaneswar after defeating Bangladesh.
   • South Asian Football Federation (SAFF) is headquartered in Dhaka, Bangladesh.

Miscellaneous

1. “How China Sees India and the World” book has been authored by Shyam Saran.

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