IMPORTANT DAYS

World’s Indigenous Peoples Day 2024 observed on August 9

• The International Day of the Indigenous Peoples is observed annually on August 9th.

• This day aims to raise global awareness about indigenous communities and safeguard their rights.

• Indigenous groups are deeply connected with nature, residing in areas that harbor about 80% of the world’s biodiversity.

• The day highlights their vital role in environmental conservation.

• The 2024 theme is "Protecting the Rights of Aboriginal Peoples in Voluntary Isolation and Early Contact."

• The observance seeks to honor and recognize the contributions of indigenous peoples to environmental protection.

• Celebrations are held worldwide to emphasize the importance of these communities.

• This day serves as a platform to advocate for the rights and preservation of indigenous cultures and their environments.

APPOINTMENTS

Challa Sreenivasulu Setty has been appointed Chairman of the State Bank of India (SBI).

• Challa Sreenivasulu Setty has been appointed as the Chairman of the State Bank of India (SBI).

• The Appointments Committee of the Cabinet (ACC) has approved his appointment.

• Setty’s term will begin on or after August 28 and will last for three years or until further notice.

• Previously, Setty was the Managing Director of SBI, overseeing Global Markets & Technology.

• The Financial Services Institutions Bureau (FSIB) recommended Setty for the SBI Chairman role in June.

• Dinesh Kumar Khara, the current Chairman, will retire on August 28, his 63rd birthday, which is the retirement age limit for the position.

• Rana Ashutosh Kumar Singh has also been approved by the ACC as the new Managing Director of SBI.

• Setty’s appointment follows Khara’s retirement, marking a significant leadership change at SBI.

Nobel laureate Muhammad Yunus to take oath as head of interim govt

• Nobel laureate Mohammad Yunus is about to be sworn in as the head of Bangladesh's interim government.

• Yunus has called for calm and urged against violence amidst the political turmoil.

• Army Chief Gen Waker-Uz-Zaman has announced the swearing-in schedule and mentioned the interim government might have 15 members.

• The armed forces will back Yunus, who is currently traveling from Paris to Dhaka.

• This development follows the resignation of Sheikh Hasina, who left the country amid violent protests.

• Yunus’s appointment comes in the wake of significant unrest and political upheaval.

<• The interim government’s formation aims to restore stability and order in Bangladesh./p>

NATIONAL NEWS

The Har Ghar Tiranga Campaign will run from August 9th through August 15th.

• The Har Ghar Tiranga Campaign will run nationwide from August 9th to 15th.

• To inspire patriotism, citizens are encouraged to display the national flag at home and share selfies on the Har Ghar Tiranga website.

• The campaign, launched in 2022 as part of Azadi Ka Amrit Mahotsav, celebrates India's independence.

• Culture and Tourism Minister Gajendra Singh Shekhawat has called on people to participate actively.

• Over 200 cultural events will be held across the country during the campaign.

• On August 13th, a Tiranga Bike Rally featuring Members of Parliament and ministers will take place.

• The campaign aims to foster a sense of national pride among citizens.

• Participants are invited to upload their flag selfies to contribute to the campaign’s online presence.

STATE NEWS

Chhattisgarh government approved India’s third-largest tiger reserve

• The Chhattisgarh government has established the Guru Ghasidas-Tamor Pingla Tiger Reserve, now the third-largest in India.

• This new reserve covers 2829.38 square kilometers and integrates the Guru Ghasidas National Park with the Tamor Pingla Sanctuary.

• The reserve spans across the districts of Manendragarh-Chirmiri-Bharatpur, Koriya, Surajpur, and Balrampur.

• India's largest tiger reserve is the Nagarjunasagar Srisailam Tiger Reserve in Andhra Pradesh, measuring 3296.31 square kilometers.

• Assam's Manas Tiger Reserve, at 2837.15 square kilometers, is the second-largest in the country.

• The formation of the Guru Ghasidas-Tamor Pingla Tiger Reserve aims to boost eco-tourism and create job opportunities.

• According to the latest tiger census, Chhattisgarh currently has only 17 tigers remaining.

• Despite efforts, Chhattisgarh has struggled to effectively protect its tiger population.

SPORTS

India wins CAVA Women’s Volleyball Nations League for the second time

• India won the CAVA Women’s Volleyball Nations League final, defeating Nepal 3-2.

• This victory marks India’s second title in the tournament’s history.

• Despite losing to Nepal in the league stage, India triumphed in the final match.

• India secured the Gold medal, while Nepal took Silver and Iran earned Bronze.

• The final match saw India overcome Nepal after an earlier defeat.

• The tournament concluded with India emerging as champions.

• The victory adds to India’s impressive track record in international volleyball.

RANKING AND REPORTS

Barclays-Hurun India Report 2024

• The 2024 Barclays Private Clients Hurun India Most Valuable Family Businesses List reveals the Ambani family’s wealth at Rs 25.75 trillion, roughly 10% of India’s GDP.

• The Ambani family tops the list as India’s wealthiest business family, followed by the Bajaj and Birla families.

• The combined valuation of the top three families—Ambani, Bajaj, and Birla—is $460 billion, comparable to Singapore’s GDP.

• The report provides valuations as of March 20, 2024, based on companies owned by these families.

• Private investments and liquid assets are not included in the reported valuations.

• The report does not cover first-generation business families such as the Adanis.

• The Ambani family's wealth alone represents a significant portion of India's economic output.

• The Bajaj and Birla families also hold substantial wealth, ranking them just below the Ambanis.

• The report highlights the immense financial influence of these family-run businesses in India.