Current Affairs

  Iran has unveiled new missile defence system “Bavar-373”. This is also Iran’s first domestically produced long-range missile defence system which has been inducted into the country’s missile defence network. The system was unveiled at an occasion of Iran’s National Defense Industry Day.
Source: The Aljazeera

  Discovery India and World Wildlife Fund (WWF) India have partnered with the Forest Directorate, the government of West Bengal and local communities to preserve Sundarbans. This move is to protect the Sundarbans, the mangrove forest, the habitat of Bengal tigers, to reduce the tiger-human conflict. The move is also a part of a global movement “Project CAT -Conserving Acres for Tigers” which aimed at building healthy habitats for Tigers.
Source: The Hindu

  Acko General Insurance, an insurtech company, has partnered with ZestMoney, a consumer lending fintech, to offer credit insurance. This insurance will help ZestMoney customers cover their monthly EMI payments during times of crisis. Acko will offer credit insurance to these consumers and cover them during eventualities like hospitalization or critical illness when they’re unable to pay their instalments. ZestMoney offers instant financing to consumers across 1000+ online portals and provides them with the option of paying through EMIs even if the consumers don’t own a credit card.
Source: The Hindu

  Ajay Kumar Bhalla was appointed as the new Union Home Secretary. He is currently serving as an officer on special duty in the home ministry. He replaces Rajiv Gauba, who was appointed as the new cabinet secretary. The Appointments Committee of the cabinet headed by Prime Minister Narendra Modi approved Bhalla’s appointment as the new home secretary.
Source: The Press Information Bureau

  Women and Child Development Minister distributed the Poshan Abhiyaan Awards for 2018-19 in different categories in New Delhi. The awards were given to the States, Districts, Blocks and Anganwadi Workers for their contributions in scaling up the Abhiyaan and ensuring that it reaches every household in the country. The awards are aimed at motivating the primary stakeholders and encourage large scale citizen participation in creating awareness to combat malnutrition.
Source: The News on AIR

  Army Welfare Housing Organization (AWHO) and Tata Realty & Housing have signed a memorandum of understanding (MoU). This MoU enables the personnel of Indian Army to immediately take over dwelling units in 13 ‘Ready to Move in’ projects of Tata Realty spread over 10 cities at a discount ranging from 11% to 27%. Army Welfare Housing Organization (AWHO), which has always endeavoured to provide quality housing for Army personnel who are deployed in remote locations across the country. AWHO will now facilitate the acquisition of hom
Source: The Press Information Bureau

  The Securities and Exchange Board of India has announced a new mechanism to reward insider trading informants to uncover insider trading cases. The reward would be 10 per cent of the money collected, subject to a maximum amount of Rs 1 crore. These benefits would only be available to individuals and corporates. This is not applicable for professionals like auditors who are duty-bound to report any wrongdoing. The above announcement is a part of the detailed set of rules for the new ‘Informant Mechanism’ under Prohibition of Insider Trading Regulations that has been approved by the SEBI board. SEBI will also establish an Office of Informant Protection, which will be responsible for the receipt, registration and processing of the disclosure form and also for ascertaining its authenticity.
Source: The Hindu

  United Nations observes 23 August every year as “International Day for the Remembrance of the Slave Trade and its Abolition”. The Day is observed to inscribe the tragedy of the slave trade in the memory of all peoples. The day was designated by UNESCO to memorialize the transatlantic slave trade.
Source: The United Nations

  Bollywood Actor Akshay Kumar has made it to the 4th position on the Forbes magazine’s Worlds Highest-Paid Actors Of 2019 list. Akshay has raked in $65 million. Hollywood star Dwayne ‘Rock’ Johnson tops the Forbes list of the 10 highest-paid actors.
Here’s the list of the World’s Highest-Paid Actors Of 2019 listed by Forbes:
  • 1. Dwayne Johnson ($89.4 million)
  • 2. Chris Hemsworth ($76.4 million)
  • 3. Robert Downey Jr. ($66 million)
  • 4. Akshay Kumar ($65 million)
  • 5. Jackie Chan ($58 million)
  • 6. Bradley Cooper ($57 million)
  • 7. Adam Sandler ($57 million)
  • 8. Chris Evans ($43.5 million)
  • 9. Paul Rudd ($41 million)
  • 10. Will Smith ($35 million)
Source: The Hindu

  Russia launched an unmanned rocket carrying a life-size humanoid robot named Fedor, (Final Experimental Demonstration Object Research). It is a silvery anthropomorphic robot stands 1.80 metres (5 foot 11 inches) tall and weighs 160 kilogrammes (353 pounds). Fedor will spend 10 days learning to assist astronauts on the International Space Station. It blasted off in a Soyuz MS-14 spacecraft from Russia’s Baikonur cosmodrome in Kazakhstan.
Source: The Hindu


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