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Important Current Affairs 26th August 2021

INTERNATIONAL

Infosys becomes fourth Indian firm to touch $100 billion market cap

• The shares of Information Technology major, Infosys hit a record high during intraday trading, which helped the company cross $100 billion in market capitalisation. Infosys is the fourth Indian company to achieve this milestone. Reliance Industries (m-cap of $140 billion), Tata Consultancy Services (m-cap $115 billion) and HDFC Bank (m-cap $100.1 billion) are the other Indian firms in the club with Infosys.

• Infosys has been one of the fastest-growing companies in India, providing business consulting, information technology and outsourcing services. In the quarter ending June 2021, Infosys reported a net consolidated profit of ₹5,195 crores, showing a growth of 2.3 per cent.

NATIONAL

Anurag Thakur to start off 'Iconic Week' as part of Azadi Ka Amrit

• Union minister for information and broadcasting Anurag Thakur has kicked off a series of activities to celebrate the ‘Azadi ka Amrit Mahotsav’ starting August 23. The series of events will go on till August 29. The activities organised by the ministry will aim to ‘showcase the convergence of the values and glories of the freedom struggle of the past with the aspirations and dreams of a young, new and iconic India’.

• Thakur kicks off the ‘Iconic Week’ which attract participation from across the country under the overall spirit of ‘Jan Bhagidari and Jan Andolan’. During the Iconic Week, the ministry showcases the journey of new India and celebrate the contribution of freedom fighters, including the ‘Unsung Heroes of the freedom struggle, through massive outreach activities.

Ministry of Jal Shakti launched 100 days 'SUJALAM' Campaign

• Ministry of Jal Shakti has launched a ‘100 days campaign’ named SUJALAM to create more and more Open Defecation Free (ODF) Plus villages by undertaking wastewater management at the village level.

• The Campaign would help in the management of the wastewater and in turn, would help to revive the water bodies through the creation of 1 million Soak-pits and also other Greywater management activities. The campaign started on August 25, 2021, is part of the ‘Azadi Ka Amrit Mahotsav’ celebrations.

BRICS NSA meeting: Ajit Doval raises cross-border terrorism issue

• The 11th Meeting of the BRICS High Representatives Responsible for National Security was held, via video conferencing. The National Security Advisor of India Ajit Doval hosted the meeting since India is the chair for the 2021 BRICS summit. The 15th BRICS Summit is scheduled to be held in September 2021. The BRICS meeting of the NSA provided a platform for the five countries to strengthen political-security cooperation.

• Secretary of the Security Council of Russia Gen Patrushev, Chinese Politburo Member Yang Jeichi, South African Deputy Minister of State Security Ncediso Goodenough Kodwa and Gen Augusto Heleno Ribeiro Pereira, Minister of State and Head of the Institutional Security Cabinet of the Presidency of Brazil attended the high-level meeting.

India-Kazakhstan joint training exercise 'KAZIND-21' to commence on August 30

• The 5th edition of Indo- Kazakhstan Joint Training Exercise, “KAZIND-21” will be held from August 30 to September 11, 2021, at Training Node, Aisha Bibi, Kazakhstan. The joint training exercise will boost the bilateral relations between India and Kazakhstan Armies. The Exercise is also a platform for the Armed Forces of India & Kazakhstan to train for Counter Insurgency/ Counter-Terrorism operations in the mountainous, rural scenarios under UN mandate.

• The Indian Army contingent represented by a battalion of the Bihar Regiment consists of a total of 90 personnel led by a Contingent Commander. The Kazakhstan Army will be represented by a company group. The scope of Joint Exercise includes professional exchange, planning & execution of the operation in counterterrorism environment at sub-unit level and sharing expertise on skills at arms, combat shooting and experiences in Counter Insurgency/ Counter-Terrorism operations.

SPORTS

Tokyo Paralympics: Javelin thrower Tek Chand lead India's charge during Opening Ceremony

• Mariyappan Thangavelu, 2016 Rio Paralympic Games gold medalist will be replaced by Asian Games gold medalist Tekchand as the new flag-bearer of India at the opening ceremony. The Paralympic Committee of India reported, “On his flight to Tokyo, Mariyappan came in close contact with a Covid positive foreign passenger.

• Though on reaching the village he has been tested for 6 days and all his reports are negative, but the Organizing Committee has advised not to make Mariyaapan participate in the Opening Ceremony. India will be represented by 54 para-athletes.

OBITUARY

British comedian Sean Lock passed away at 58

• British comedian Sean Lock has passed away. He was one of Britain’s finest comedians, his boundless creativity, lightning wit and the absurdist brilliance of his work, marked him out as a unique voice in British comedy.

• In the year 2000, Sean Lock had won the gong at the British Comedy Awards for the best live stand-up performance.

Olympian and former national football coach SS Hakim passed away at 82

• Syed Shahid Hakim, former India footballer and member of the last national team that played in the 1960 Rome Olympics, passed away. Hakim ‘saab’, as he was popularly known, was 82 years old. In his more than five-decade association with Indian football, Hakim, a Dronacharya Awardee, has also been an assistant coach to late PK Banerjee during the 1982 Asian Games in Delhi.

• Hakim has been a FIFA badge holder international referee having officiated in Asian Club Cup games and was also conferred with the prestigious Dhyan Chand Award. A former Squadron Leader of the Indian Air Force, Hakim was also a Regional Director of Sports Authority of India and his last assignment was as Project Director in charge of scouting before the 2017 U-17 FIFA World Cup.

AWARDS & RECOGNITION

Sri Basava International Award for seer of Bhalki Hiremath

• Karnataka government has selected Sri Basavalinga Pattaddevaru, senior seer of Bhalki Hiremath, for the prestigious Sri Basava International Award. Minister for Kannada and Culture V. Sunil Kumar will present the award at Ravindra Kalakshetra in Bengaluru. The septuagenarian seer has spent over five decades in the Lingayat religious institution in the Bidar district.

• The centre was set up in 2003 when an abandoned baby from Ujani village near Aurad in Bidar district was adopted. The seer moved the court to adopt the child. The Central and State governments later recognised the centre as an authorised Central adoption resource agency.

RANKING

India emerges as second most attractive manufacturing hub globally

• India has emerged as a global manufacturing hub and effectively surpassed the United States to become the world’s second most desired manufacturing destination. This indicates the growing interest in India by manufacturers as a preferred manufacturing hub over other countries including the United States and the manufacturing giant nation, China. India’s ranking was reflected in Cushman & Wakefield’s 2021 Global Manufacturing Risk Index. The index ranks 47 countries across Europe, the Americas, and the Asia Pacific.

• Based on the most favourable locations for international manufacturing, Cushman & Wakefield’s Manufacturing Risk Index report ranks countries based on a range of factors including:

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