Notes

Current Affairs August 1 - 10 2016

*August 1, 2016*

1. Patna Pirates wins 4th season of Pro Kabaddi League

2. India to host Kabaddi World Cup in October

3. Railway Minister lays foundation stone of new railway project in Nagaland
(Union Minister of Railways Suresh Prabhu has laid the foundation stone of a new railway line from Dimapur Dhansiripar to Zubza Kohima(123-kilometre).

4.Oracle India Joins SBI to foster Digital Skills Initiative

5. Exim Bank raises USD 1 billion from overseas bonds

6. Lewis Hamilton wins 2016 German Grand Prix title of Formula One

7. IRCTC to launch travel insurance facility at Re 1

8. Anandiben Patel resigns as Gujarat chief minister

9. SEBI's first phase of new enterprise portal goes live

10. Syed Nayeemuddin conferred Mohun Bagan Ratna

*August 2, 2016*

1. 7th Meeting of SAARC Immigration Authorities begins in Islamabad, Pakistan.

2. India to host international summit on tobacco-control

3. ICICI Bank reduces lending rate (MCLR) by 0.05%
Marginal Cost of Funds based Lending Rate (MCLR)

4. Bhaskar Khulbe appointed Secretary to Prime Minister Narendra Modi

5. Novak Djokovic wins fourth Rogers Cup championship

6. Simona Halep wins Rogers Cup women’s single

7. Bill to amend Sarfaesi, debt recovery tribunal Acts cleared by Lok Sabha

8. Virgin Galactic gets its spaceship license

9. ICICI Bank ties up with Apollo India to form ARC (asset reconstruction company).

10. Air Marshal Neelakantan takes charge of Southern Air command

*August 3, 2016*

1. Pushpa Kamal Dahal elected as new Prime Minister of Nepal

2. Anant Maheshwari appointed as President of Microsoft India

3. Parliament passes Institutes of Technology (Amendment) Bill, 2016

4. Rajasthan becomes first state to approve sewage & waste water policy

5. SBI launches cheaper home loan schemes for beneficiaries under 7th Pay Commission

6. L&T-Mitsubishi Hitachi JV bags Rs 3,860 crore order for power project in UP

7. Infosys invests $4 million in Israeli firm Cloudyn

8. Kerala cabinet appoints Achuthanandan head of administrative reforms panel

9. Nobel Laureate Ahmed Zewail has passed away

10. Neyveli Lignite plans to buy 1200 MW Raghunathpur Thermal Power Project

*August 4, 2016*

1. Shubha Mudgal to get Rajiv Gandhi National Sadbhavana Award

2. Union Cabinet approves Motor Vehicle (Amendment) Bill 2016

3. Rajya Sabha passes The Constitution GST Bill- 2014

4. Tunisia’s President names 'Youssef Chahed' as new PM

5. BCCI appoints Markandey Katju to interact with Lodha panel

6. RBI launches ‘Sachet’ portal to rein in illegal money deposits

7. RBI constitutes a Committee on Household Finance

8. Siemens receives Rs 217 cr order for power project in Bangladesh

9. CCEA approves new formula to pay production subsidy to sugar mills

10. D K Gayen new GM of East Central Railway

11. Sudhanshu Mani appointed as new GM for ICF (Integral Coach Factory)

12. Cabinet approves signing of Air Services Agreement between India and Laos

*August 5, 2016*

1. Vijay Rupani to be new Chief Minister of Gujarat

2. Nita Ambani elected as the first Indian woman member of IOC

3. Corporation Bank launches group insurance scheme for borrowers

4. IBJA announces awards for Indian medal winners at Rio 2016 Olympics
(India Bullion and Jewellers Association (IBJA) has announced Sovereign Gold Bonds and silver to the Indian medal winners at the Rio 2016 Olympics.)
500 Gms Gold Bonds - Gold Medalist & 1 Kg Silver - Silver Medalist

5. IOC approves five new sports for Olympic Games Tokyo 2020
Baseball-Softball, Karate, Skateboard, Climbing Sports & Surfing

6. Gujarat high court has quashed govt ordinance to offer 10% quota for the economically backward in upper castes in education & admission.

7. Goa to implement 7th Pay Commission from Nov 1st

*August 6, 2016*

1. China launches first mobile telecom satellite

2. Government fixes an inflation target of 4 percent for five years

3. Mumbai to have 1200 Wi-Fi hotspots by May 2017

4. The Eastern Zonal Cultural Centre (EZCC) has organized a 64-day-long theatre festival in Kolkata.

5. IOA, Indian Olympic Association announces cash awards for medal-winning Indian athletes
50 lakhs for the gold medal winning athlete, 30 lakhs for silver and 20 lakhs for bronze.

August 7, 2016
1. Dipa Karmakar becomes first Indian to qualify for final of artistic Gymnastics

2. Mission Bhagiratha: Safe drinking water scheme, launched in Telangana

3. Modi Launches PMO App At MyGov Anniversary Event

4. PM to lay foundation stone of NTPC plant in Telangana

5. 2nd National Handloom Day observed on 7th August 2016

6. Project “Swachh Survekshan-2017” launched in New Delhi
(The objective of this project is to assess and rank 500 cities based on levels of sanitation and efforts made by respective urban local bodies.)

*August 8, 2016*

1. Himachal Pradesh to plant one crore saplings to increase green cover

2. Over 1000 Dancing Robots Set Guinness Record In China

3. First-ever 'Pizza ATM' opens in US

*August 9, 2016*

1. RBI unchanged key policy rate
Current Rates are:
Repo Rate – 6.50% (Unchanged)
Reverse Repo Rate – 6.00% (Unchanged)
CRR (Cash Reserve ratio) – 4% (Unchanged)
Bank Rate – 7.00% (Unchanged)
MSF (Marginal Standing Facility) – 7.00% (Unchanged)
SLR (Statutory Liquidity Ratio) – 21.00% (as per RBI official website)

2. Anand Sinha, former RBI Deputy Governor, appointed to the IDFC Bank board

3. Katie Ledecky sets world record to win gold in 400m freestyle

4. Pawan Munjal reappointed as the CMD & CEO of Hero MotoCorp

5. HDFC board gives green signal to HDFC Life-Max merger

6. Jayalalithaa announces Rs 4126 crore worth schemes in energy sector

*August 10, 2016*

1. Dinesh Kumar Khara Appointed New MD of State Bank of India

2. TCS ranked 58th most valuable US brand

3. Rio Olympics: Judoka Silva wins first gold for host country Brazil

4. Lok Sabha passes Employee’s Compensation (Amendment) Bill 2016

5. China launches satellite to get accurate images of earth

6. Maharashtra launches 'Quit India' movement' against various social ills

Best Regards,
Bala