Current Affairs 2020 – Today Latest Current Affairs News

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RAKSHA BANDHAN – It is a popular, traditionally Hindu, annual rite, or ceremony, which is central to a festival of the same name, celebrated in India, Nepal & other parts of the Indian subcontinent, and among people around the world influenced by Hindu culture.

NATIONAL GRAB SOME NUTS DAY- On this day, There are many “nut” days, the year such as National Almond Day, National Pistachio Day, and National Pecan Day, but 3rd AUGUST embraces them all. It’s National Grab Some Nuts Day! Defining a nut is tricky. Though botanically an almond and cashew aren’t considered nuts, once they’re in the can, it’s hard to tell the difference.

Top One-Line Headlines

INDIA

  • Over 11 lakh 86 thousand people recover from COVID-19 in the country so far; Recovery rate reaches 65.76%
  • Survey: Two-thirds of migrant workers have returned to cities or wish to do so
  • For Aug 5 ceremony, special dress with nine gems stitched using golden thread for Ram Lalla
  • Congress MP Karti Chidambaram tests positive for Covid-19, goes into home quarantine
  • Centre asks states and UTs to allow smartphones and tablet devices for hospitalized COVID-19 patients, to enable them to interact with family and friends
  • DCGI gives permission to Serum Institute of India to conduct Phase 2 and 3 human clinical trial of Corona vaccine COVISHIELD, developed by Oxford university
  • Will go for Ramlala’s darshan after Prime Minister Modi, others leave: Uma Bharti
  • Raksha Bandhan and World Sanskrit Day being celebrated across the country today

STATE

  • Leh admin promotes Apricot farming based on Expert Committee report to boost farmers’ income

WORLD

  • Sri Lanka’s election commission makes wearing face mask mandatory for voters
  • PM Modi hopes for India-Israel friendship to grow even stronger in times to come

ECONOMY

  • India’s factory activity contracted at a sharper pace in July: Survey
  • UP to set up MSME industrial parks; marks DPR for north India’s longest expressway
  • Building Atmanirbhar Bharat: Licences likely for furniture, toys and sports gear imports
  • India’s road to recovery gets bumpier in July, thanks to local lockdowns

INDUSTRY

  • Fine-dine chains report sales trickling in, but say alcohol ban undoing gains
  • Indian auto component supply chain gains as auto companies look outside China
  • Technology is capable of changing India’s retail landscape, especially in a post-pandemic world
  • Industry captains discuss how coronavirus is changing consumer behaviour
  • Bankers express concern over RBI governance paper, feel it could have adverse effects
  • Mid-size IT companies invest in digital initiatives as clients take to virtual platforms

CURRENT AFFAIRS: INDIA

Current Affairs 2020 - Today Latest Current Affairs News 1

At Akola, Maharashtra: Shri Sanjay Dhotre inaugurated Bharat Airfiber High-speed Broadband Service

  • Union Minister of State for Human Resource Development, Electronics, Communication, and IT Sanjay Dhotre inaugurated “Bharat Air Fibre Services” at Akola, Maharashtra.
  • The service will give Wireless Internet Connections on demand to the residents of Akola & Washim district. BSNL provides the Bharat Air Fibre Services through local business partners of BSNL from Akola & Washim District.
  • BSNL has introduced the Bharat Air Fibre services as a part of Digital India initiates by the Government of India.
BSNLTelecommunications company
FoundedSep 15, 2000
CEOPravin Kumar Purwar (Jun 2019–)
SubsidiariesBSNL Mobile, Mahanagar Telephone Nigam Limited, BSNL Tower Corporation Limited

Imports of furniture, toys and sports gear likely to require Licences Soon

  • Imports of furniture, toys and sports goods are likely to require licences soon, a measure the govt hopes will reduce imports and encourage domestic production, said people with knowledge of the matter. India has already imposed licensing requirements for tyres and colour TV imports, a big percentage of which comes from China.
  • Govt may also raise import duties for certain products to their bound rates to make imports costlier. Bound tariffs are the ceiling rates at the WTO beyond which countries cannot raise duties.
ChinaCountry in East Asia
Official languageMandarin
CapitalBeijing

CURRENT AFFAIRS: INTERNATIONAL

Current Affairs 2020 - Today Latest Current Affairs News 2

Secretary of State Michael Pompeo: United States to act against ‘array’ of the China software risks

  • Trump administration announce that measures shortly against “a broad array” of Chinese-owned s/w deemed to the pose national-security risks, U.S. Secretary of State Michael Pompeo said.

NASA Astronauts returns back safely

  • Bob Behnken & Doug Hurley two US astronauts who were sent to the International Space Station two months ago return to the planet Earth safely following a 21-hour overnight journey. The astronaut were sent by NASA in collaboration with Elon Musk’s company Space-X.
  • The Crew Dragon designed and operated by Space-X which is also being used for this flight test can stay in orbit about 110 days.
NASA HeadquartersWashington, D.C., United States
FounderDwight D. Eisenhower
Founded1 October 1958, United States

CURRENT AFFAIRS: DEFENSE

Current Affairs 2020 - Today Latest Current Affairs News 3

Pangong Tso  Lake remains point of contention: India-China military talks continue

  • Military talks continue between India & China on the border situation but the Finger area along Pangong Tso lake remains a point of contention, with PLA troops unwilling to move behind the Line of Actual Control (LAC) and restore status quo ante.
  • Corps Commander-level talks between Lt Gen Harinder Singh and his Chinese counterpart continued late night Sunday with PLA incursions at Gogra and Finger Area on the discussion table.
  • While there has been a withdrawal of troops at Galwan valley, which was the site of a deadly clash on June 15, the Chinese side has maintained presence at Gogra and Pangong Tso, unwilling to pull back troops despite four rounds of top-level talks.

CURRENT AFFAIRS: BUSINESS

Current Affairs 2020 - Today Latest Current Affairs News 4

From the China store: Apple purges more than 30,000 applications 

  • Apple Inc. has removed more than 30,000 apps from its China store Saturday, with games making up 90 percent of the apps, Qimai Research Institute said.
AppleTechnology Company
CEOTim Cook (24 Aug 2011–)
FoundedApril 1, 1976, Cupertino, California, US
Founders Steve Jobs, Steve Wozniak, Ronald Wayne

Exporters to Iran facing uncertainty for Indian basmati rice & tea 

  • Uncertainty looms over export of basmati rice & tea to Iran as the Central Bank of Iran has slowed down allocation of currency against which Iranian traders were buying these commodities from India.
  • Indian basmati rice exporters said they are not entering into new contract with Iranian importers so as to avoid any payment-related problems.
IranCountry in the Middle East
Capital Tehran
PresidentHassan Rouhani
Official languagePersian

Gold imports takes a hit, industry looks for ways to make the deposit schemes attractive

  • Amid a crash in gold imports following the lockdown, the govt has sounded out jewellers and bullion dealers on ways to tap idle gold lying with Indian households.
  • Among the proposals by the industry are aligning the income tax law with gold deposit scheme, raising gold holding limits under ‘Streedhan’, tweaking the gold monetisation scheme to make it more attractive, and giving greater flexibility to local refineries to scale up as part of a broader gold policy.
  • Some of these suggestions are being examined by the government, two industry sources who have had discussions with senior government officials told ET.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

Current Affairs 2020 - Today Latest Current Affairs News 5

JNCASR & IISc scientists devise an adaptive model to estimate critical resources in pandemic

  • Scientists from Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), under Department of Science & Technology, GoI, and Indian Institute of Science (IISc), have developed a model to scale up the novel tests using an adaptive strategy and the early phase of COVID-19 as an example.
  • The new model can be utilized to estimate the key aspects of medical inventory requirements which are required to scale up both the testing capabilities and the critical care facilities.