Current Affairs – 26 September 2020

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Welcome to Today’s Current Affairs. This current affair news is useful for Govt jobs Interviews, TNPSC, IAS, UPSC, SSC, Railway, Banking exams IBPS, PO, SO, Clerk, and other all competitive exams for the entire part of the general awareness or general knowledge (GK) section. These daily current affairs 2020 resources provide facts about events of International, National, Political, Social, Banking, Business, Sports, and Entertainment related current affairs.

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NATIONAL SITUATIONAL AWARENESS DAY – On this day, National Situational Awareness Day brings attention to personal safety. It focuses on being aware & paying attention to your environment. Situational awareness is just another word for mindfulness. And developing it makes you more present in daily activities. In turn, it also helps you make better decisions in all aspects of life.

International Day of Total Elimination of Nuclear Weapons – On this day, Every year International Day of Total Elimination of Nuclear Weapons is celebrated on September 26. The day is important as it is based on the very basic reason the United Nations was established. The first resolution adopted by the UN was to achieve Global Nuclear Disarmament. In order to achieve this, the Atomic Energy Commission was established to make proposals to eliminate atomic weapons and control nuclear energy.

INDIA

• J&K: Foundation stone of Post-Harvest Management Centre for Medicinal Plants laid at Bhaderwah
• Foundation Day (Sept 25) of Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) celebrated as “Kaushal Se Kal Badlenge”
• Kerala wins UN Interagency Task Force (UNIATF) award for prevention and control of non-communicable diseases
• Playback singer S. P. Balasubrahmanyam dies in Chennai 74; awarded Padma Shri in 2001 and Padma Bhushan in 2011
• PM Narendra Modi lauds CSIR on its foundation day

STATE

• Telangana: 426 m ‘Cable Stayed Bridge’ constructed across Durgam Cheruvu Lake inaugurated in Hyderabad
• Kerala wins UN Interagency Task Force (UNIATF) award for prevention and control of non-communicable diseases

WORLD

• Antonov An-26 military plane carrying air force cadets crashes in Ukraine, killing 22
• Swami Pratyagbodhananda of U.S.-based Arsha Vidya Gurukulam dies at 69
• Fishermen issue among key bilateral topics to be discussed during Rajapaksa-Modi summit: Sri Lanka

ECONOMY

• India, Denmark ink pact to increase cooperation on IPRs
• MSP procurement of kharif paddy begins immediately in Punjab and Haryana: Centre
• Centre rejects Bengal CM’s request to route PM Kisan funds via state govt
• S&P affirms India’s long term foreign and local currency sovereign credit rating at BBB

INDUSTRY

• Berger Paints capital expenditure on track amid pandemic, aims higher market share
• Accenture offers 7-month severance payout to staff
• Fund managers help portfolio companies with Covid-related crisis management
• Government plans Rs 15,000-crore PLI scheme to boost local drug production
• General Atlantic & TPG in talks to invest up to $1 billion each in Reliance Retail

SPORTS

• Foundation stone of ‘Centre for Disability Sports’ laid at Gwalior (MP)

CURRENT AFFAIRS: INDIA

Veteran singer SP Balasubrahmanyam passed away

• Legendary singer SP Balasubrahmanyam passed away on 25 September after a long battle with the coronavirus. He died at the age of 74. He was an exceptional artist whose career spanned more than five decades.
• The veteran singer has sung over 40,000 songs in Tamil, Hindi, Telugu, Kannada, and Malayalam and in 16 Languages.

KVIC appointed Fashion Icon Sunil Sethi as Advisor

• KVIC has appointed Shri Sunil Sethi, a leading personality in the Indian fashion industry, as its advisor.
• Sethi will advise the Commission on latest design interventions in the readymade garments segment and promotion of Khadi in India and abroad. He appointment is be for a tenure of one year.

Kerala: Tourisms “Human by Nature” campaign bagged 2020 PATA Grand Award

• Kerala Tourism’s internationally-acclaimed ‘Human by Nature’ campaign has bagged one of the three PATA Grand Awards 2020. The awards were announced live during a virtual presentation ceremony in Beijing, China.
• The award recognized the campaign’s Marketing, giving a huge stimulus to the state’s tourism industry, which has been severely impacted by COVID-19 pandemic.

CURRENT AFFAIRS: INTERNATIONAL

India-Denmark sign MoU on Intellectual Property Cooperation

• The Department for Promotion of Industry and Internal Trade (DPIIT) and Ministry of Industry, Business and Financial Affairs signed Memorandum of Understanding on Intellectual Property Cooperation.

India-Israel to develop hi-tech weapon systems: A new Sub-group set up

• On Sep 24, 2020, a new sub group was set up under Ministry of Defence to promote a greater number of India-Israel defence projects. Under the group, India and Israel have planned to develop high-tech weapons and export to other friendly countries. The main focus on the cooperation is Technology Transfer.
• The group is to be headed by Sanju Jaju, the Joint Secretary in Indian Defence Ministry.

CURRENT AFFAIRS: BUSINESS

Apple & Google face heat as smaller app rivals organize a coalition, bring the fight to them

• SAN FRANCISCO: For months, complaints from tech companies against Apple’s and Google’s power have grown louder.
• Spotify, the music streaming app, criticized Apple for the rules it imposed in the App Store.

CURRENT AFFAIRS: ECONOMY

RBI to introduce Positive Pay System to check Cheques

• The Reserve Bank of India is to introduce “Positive Pay System” from January 2021. The system makes it mandatory to re-confirm key details of cheques that need payments beyond Rs 50,000.
• Under the new system, the issuer of the cheque will have to submit details of the cheque such as name of the beneficiary, date, amount of the drawee bank, payee electronically through SMS. Apart from SMS, the issuer can submit the details through internet banking, mobile app or ATM as well.