NEWS 08-09-2024. News For 9th-Sep (Monday) Summary of Aug *National* 1.1,600 tonnes of lithium resources of G3 grade has been discovered in Yadgiri district of Karnataka. 2.ISRO's arm NSIL, has signed a $18-million deal with Australian govt for the launch of commercial satellite. 3.World Bank has Approved $1.5 Billion Loan to Support India’s Green Hydrogen projects. 4.India has topped Global Remittance with $125 Billion in 2023. 5.KV Subramanian, former Chief Economic Advisor & IMF Executive Director has predicted India to grow from a $3.5 trillion to a $55 trillion economy by 2047. 5.India has approved 8 high-speed road corridors, worth Rs 50,655 crore to improve logistics efficiency across the country. 6. The Tata Group has inaugurated a ?27,000 crore semiconductor assembly and test facility in Assam, aiming to produce 15 billion chips annually. 7.PM Narendra Modi received Russia's highest civilian honor, the *'Order of St. Andrew the Apostle'.* 8.Competence Exports a pvt company in Bihar's Hajipur city, is manufacturing safety shoes for the Russian army & also looking to export to Europe. 9.Oil and Natural Gas Corporation (ONGC) has opened its *5th well in Krishna Godavari basin* in the Bay of Bengal to boost India's self-sufficiency in crude oil. 10.India & Israel have launched a joint project to set up a *Centre of Water Technology at IIT Madras*. 11.Delhi's ' Indira Gandhi International Airport' has been awarded the status of *India's first net zero carbon emission airport. *International* 1.Japan & Philippines have signed a major security deal to strengthen military cooperation amidst rising Indo-Pacific tensions. 2.US is going to replace its F-15 and F-16 fighters in Japan with newer F-15EX and F-35 jets to prepare for potential conflicts with China. 3.India & Russia have agreed to continue bilateral trade settlement using national currency. 4.Bangladeshi PM Sheikh Hasina had to resign from her post & to flee to India from her country amid & the army has taken control. 5.*China's economy* grew by 4.7% in the second quarter, which is far slower than the expected growth of 5.1%. 6.Joe Biden has withdrawn from the presidential race in America & has proposed Vice President Kamla Harris. 7.The World Health Organisation (WHO) has declared *'Monkeypox'* a global public health emergency. *Defence* 1.The govt. has allocated Rs 6,21,940 crore for the defence budget for 2024-25, an increase from last year’s budget by Rs 5.94 lakh crore. 2.India's defence sector achieved a major milestone by recording its *highest-ever defence exports of $2.5 billion in the F Y 2023-24*. 3.In a recently held military exercise, the IAF used the Sudarshan S-400 missile system to "shoot down" 80% of the "enemy" fighter aircraft, making the rest retreat. 4.India has floated a *tender for 114 Multi-Role Fighter Aircraft (MRFA)*, for $20 billion, but only from a company willing to set up the manufacturing facility in India, along with transfer of Technology. 5.DRDO has successfully carried out the first flight test of a *long-range glide bomb named Gaurav using Su-30 MK-I aircraft.* 6.India & Russia are working on a deal worth Rs 10,500 crore for the supply of nuclear fuel & core components to Kudankulam nuclear power plant. 7.BrahMos Aerospace has secured significant contract to supply critical components for DRDO's 80KN engine. 8.India has extended $ 300 million Line of Credit(LOC) to Vietnam, for purchase of coast guard ships, fast border patrol boats. 9.IAF has given green signal to produce 200 Astra Mk1 Missiles in Rs 2,900 cr deal with BDL(Bharat Dynamics Limited). 10.The Indian Navy has approved the *Mazagon Dock Limited (MDL) to build 6 submarines with the AIP technique,* worth Rs 60,000 cr with German collaboration. 11.The Indian Army has filed a *Rs 6,500 crore tender for 400 howitzers* as part of the Make-in-India initiative. 12.The US has approved the sale of $20 billion worth of arms to Israel, including fighter jets & advanced air-to-air missiles. 13.Ukrainian President Volodymyr Zelenskyy has expressed interest in partnering with India to produce drones & electronic warfare systems. 14.US & India's Defence Ministry have signed the *Security of Supplies Agreement (SOSA)* to provide each other with priority support for goods & services essential for national defense. 15. Udupi Cochin Shipyard has got the contract of *Rs 1,100 crore order from Norway, for 8 Cargo vessels*. 16.French aviation *Dassault Aviation* is set to establish a manufacturing base in India. 17.DRDO has developed an *indigenous air-independent propulsion (AIP)* system to significantly increase the underwater endurance of conventional submarines. 18.India unveiled the *25-ton ‘Zorawar’* light tank, developed by DRDO & L&Toubro in under 2 years, to enhance military capabilities in high-altitude environments. 19.The DRDO has developed Ultra Wide Band (ULB) *Radar Absorbing Skin (RAS)*, a special skin for jets that makes them hard to be detected by radars. 20.The defence ministry has finalised to upgrade the first lot of 84 Sukhoi jets at an overall cost of around Rs 63,000 crore in India. *Sports* 1.*Gautam Gambhir* has been appointed as the new *head coach* of the Indian men’s cricket team. 2.Manu Bhaker & Sarabjot Singh secured a bronze medal in the 10m Air Pistol Mixed Team event at the Paris Olympics. Earlier Bhaker had also won a Bronze in the singles event. 3.Manu Bhaker has made history as post-independent India's first athlete to win two medals in a single Olympic edition. 4.Indian shooter ' Swapnil Kusale won the bronze medal in the men's 50 meter rifle shooting at the Paris Olympics. 5.Argentina won the Copa America for the second time* in a row by beating Columbia 1-0, while Spain defeated England 2-1 to win their 4th European championship. 6.*Carlos Alcaraz defended his Wimbledon title* by defeating Novak Djokovic in the finals. 7.India's legendary tennis players *Leander Paes & Vijay Amritraj* have become the first two players from Asia to be inducted into the *'Tennis Hall of Fame'*. 8.Indian cricketer ' *'Shikhar Dhawan'* has announced his retirement from all three formats of international cricket. 9.An Indian team of *84 players* are going to participate in the upcoming *Paris Paralympics 2024 Games*. < < Back