Current Affairs Daily Digest – August 25 2021
Current Affairs Daily Digest – August 25 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. Infosys hits $100 billion m-cap, fourth Indian firm to reach milestone
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.
2. India emerges as Second in Global Manufacturing Risk Index
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.
3. Shaili Singh bags Long Jump silver in WAU20 Championships
Shaili Singh claimed the women’s Long Jump silver medal in the World Athletics U20 Championships. Her slight wind-aided effort of 6.59m was only 1cm short of the gold medal jump by Sweden’s Maja Askag but her silver medal ensured that Indian athletics continues to showcase the progress it has been making.
4. Assam celebrates Wanchuwa Festival 2021
Tiwa tribesmen perform their traditional dnac eas they take part in Wanchuwa Festival in Assam. This festival is celebrated by Tiwa tribesmen to mark their good harvest. It comes with songs, dances, a bunch of rituals and people clad in their native attires.
5. Copenhagen tops EIU’s Safe Cities Index 2021
Copenhagen, the capital city of Denmark, has been named as the world’s safest city from among 60 global cities, in Safe Cities Index 2021, released by the Economist Intelligence Unit (EIU). Copenhagen scored 82.4 points out of 100, to top the fourth edition of the EIU’s biennial index, which measures the level of urban safety. Yangon is at the bottom of the index, as least safe city, with a score of 39.5.
6. Abhay Kumar Singh appointed as joint secretary in Ministry of Cooperation
Abhay Kumar Singh has been appointed as joint secretary in the Ministry of Cooperation. This ministry was recently formed with an aim to strengthen the cooperative movement in the country. The appointment of Abhay Kumar Singh has been cleared by the Appointments Committee of the Cabinet headed by PM Modi.
7. Cabinet approves highest ever FRP for Sugarcane
Union cabinet has approved the highest ever fair & remunerative price (FRP) for sugarcane farmers on August 25, 2021. FRP for sugarcane has been increased to Rs 290 per quintal for 2021-22. This price will be based on 10% recovery. If recovery is less than 9.5%, then farmers will be given a FRP of Rs 275 per quintile.
8. Ain Dubai: World’s largest and tallest observation wheel
World’s largest and tallest observation wheel, called Ain Dubai, will be opened in the UAE on October 21, 2021. This observation wheel will the latest addition to the long list of record-breaking attractions in Dubai.
Ain Dubai is about 42.5m taller than the London Eye. It will take visitors to the height of 250 metres in order for them to enjoy the majestic view of Dubai’s picturesque skyline. It is located at Bluewaters Island, near Dubai Marina.
9. Pakistan successfully tests Fatah-1
Fatah-1 is a Pakistan-made guided multi-launch rocket system. It is capable of delivering conventional warheads up to a range of 140 kilometres. This new weapons system will equip the military with the capability to strike deep into enemy territory
This was the second test of Fatah-1. Pakistan had conducted test flight of indigenously developed Fatah-1 in January 2021.
