Current Affairs Daily Digest – August 21 2021
Current Affairs Daily Digest – August 21 2021. Read and Download daily, monthly Current Affairs Daily Digest 2021 for competitive exams like UPSC, SSC, IBPS, SBI etc,. Download month wise Current affairs 2020 PDF and Current affairs quiz PDF .
1. Apple tops Hurun Global 500 Most Valuable Companies list 2021
Apple is the world’s most valuable company (USD 2,443 billion) according to the Hurun Global 500 Most Valuable Companies list 2021. The world’s top six valuable companies remained unchanged as Apple, Microsoft, Amazon, Alphabet, Facebook and Tencent.
Globally, the US-led with 243 companies, up by one; followed by China 47, down by four, Japan was third with 30 and the UK was fourth with 24. While India is ranked 9th with 12 companies.
2. Kotak Mahindra Bank launches ‘Neo Collections’ Digital Repayment platform
Kotak Mahindra Bank has launched a platform named ‘Neo Collections’, which is a Do It Yourself Digital Repayment Platform for missed loan repayments. Kotak Mahindra Bank has launched the Neo Collections platform in tie-up with Creditas Solutions. The main objective of this DIY digital repayment platform is to make repayments for outstanding loans more convenient for customers.
3. NPCI partners with Mashreq Bank to launch UPI in the UAE
NPCI International Payments Ltd (NIPL) has partnered with Mashreq Bank to launch the payment system facility of Unified Payments Interface (UPI), in the UAE. Mashreq Bank is the oldest privately owned bank in the United Arab Emirates.
This step will benefit the Indian tourists and who travel to UAE for business or leisure purposes to pay for their purchases using UPI-based mobile applications across shops and merchant stores in the UAE.
4. Facebook launches “Small Business Loans Initiative” in India
Facebook India has launched the “Small Business Loans Initiative” in India in partnership with the online lending platform Indifi. India is the first country where Facebook is rolling out this programme.
The objective of this initiative is to help small and medium businesses (SMBs) that advertise on Facebook to get quick access to credit/loans through independent lending partners.
This will make business loans more easily accessible to small businesses, and reduce the credit gap within India’s MSME sector. It is open to businesses registered across 200 towns and cities of India.
5. World Senior Citizen Day: 21 August
World Senior Citizen Day is observed globally on August 21 every year. The day is celebrated to raise awareness about issues affecting older people, such as deterioration with age and the abuse of the elderly and support, honour and show appreciation to seniors and to recognize their achievements.
6. International Day of Remembrance and Tribute to the Victims of Terrorism
United Nations observes 21st August every year as the International Day of Remembrance and Tribute to the Victims of Terrorism. The day is observed to pay tribute to the individuals across the globe who have been attacked, injured, traumatized or lost their lives because of terrorist attacks.
This year, the 3rd commemoration of the day will focus on the response to the pandemic and cancellation of many memorials and commemorations, it is critical to take the time to remember and honour the victims of terrorism.
7. Ismail Sabri Yaakob becomes Malaysia’s new Prime Minister
Former Deputy Prime Minister Ismail Sabri Yaakob on August 21, 2021, was appointed as the new Prime Minister by Malaysia’s King Al-Sultan Abdullah.
Ismail will be sworn-in on August 21, 2021, as Malaysia’s third Prime Minister in three years. He received the support of 114 out of 222 members of Parliament, which is more than the 111 required for a simple majority, the Palace said.
