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The Hindu Review: August 2016

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The Hindu Review: August 2016 THE HINDU REVIEW: AUGUST 2016 1. Railway Minister Suresh Prabhu has flagged off maiden 15. A high-level panel of the National Ganga River Basin broad-gauge train service between Agartala and Delhi, Authority (NGRBA) has approved various projects ‘Tripura Sundari Express’. The ‘Tripura Sundari worth approximately Rs. 400 crores for development of Express’ will run weekly between Agartala and Anand ghats (river fronts) and crematoria at different places Vihar in Delhi. along the river Ganga from Uttarakhand to West Bengal 2. Railway Minister of India along with Bangladesh under the Centre’s ambitious Namami Gange Railway Minister Md. Mazibul Hoque laid the programme. foundation stone for Agartala-Akhaura International 16. The Ministry of Micro, Small and Medium Enterprises Rail Project. has launched a performance and credit rating scheme 3. Andhra Pradesh government has signed an MoU with to assess the capabilities and creditworthiness of Japan to develop a food value chain in the state. industries in the sector. This will provide "trusted" 4. Mobile payments company MobiKwik and IRCTC have third party opinion to create awareness about the announced an exclusive partnership, wherein strengths and weaknesses of enterprises' existing MobiKwik will power e-cash payments on IRCTC's e- operations. catering app, Food on Track. 17. India will host a crucial global summit in November to 5. Oracle India has announced a corporate citizenship eliminate the illicit trade of tobacco products. The collaboration with SBI and launched the 'D-Change' summit will be in Noida. programme which will support education and learning, 18. Odisha government has decided to recruit members of women's empowerment and rural skills development transgender community persons as warders in jails of in the country. the State as per the directive of the Supreme Court. 6. NTPC Ltd has commissioned a 50 MW (1X50 MW) 19. Tamil Nadu Assembly has passed a unanimous capacity solar photovoltaic power project of NP Kunta resolution that the Madras High Court be renamed as Ultra Mega Solar Power Project Stage-I at Tamil Nadu High Court and not as High Court of Anantapuramu in Andhra Pradesh. Chennai as proposed by the Centre. 7. Country's largest private sector lender ICICI Bank has 20. ICICI Bank has inked a MoU with Apollo India Credit announced a 0.05% reduction in its marginal cost of Opportunity Management LLC and AION Capital funds based lending rate (MCLR). Management to set up an asset reconstruction 8. The Mohun Bagan FC has conferred club’s highest company. decoration Mohun Bagan Ratna (jewel) on legendary 21. Freecharge has paired with PayUbiz, to further Indian Footballer Syed Nayeemuddin. With this, he strengthen its merchant base and help consumers move became the 16th recipient of the prestigious award. from cash to digital payments. 9. Justice Dilip Babasaheb Bhosale has sworn-in as the 22. India's leading public sector bank, Bank of Baroda has Chief Justice of the Allahabad High Court. tied up with a fintech start-up Fisdom for personal 10. Dilip Rath took over as the Chairman of National Dairy wealth management services. Development Board (NDDB). The post was vacant after T Nandakumar resigned. 11. International Kabaddi Federation announced the selection of India for hosting "The 2016 Kabaddi World Cup". 12. The Patna Pirates have won the fourth edition of STAR Sports-Pro-Kabaddi League by defeating Jaipur Pink Panthers in the finals. 13. Mercedes driver Lewis Hamilton has won the 2016 German Grand Prix title of Formula One. 14. The Parliament has passed Indian Medical Council (Amendment) Bill, 2016 to conduct of uniform entrance examination for admission to all medical educational institutions. The bill seeks to replace the Indian Medical Council (Amendment) Ordinance, 2016 and its provisions will come into force retrospectively from May 24, 2016. 1 www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in 23. Confectionery major Mondelez International has 36. Maoist Party Chief Pushpa Kamal Dahal, also known as appointed former Bharti Axa General Insurance Prachanda, has been elected as the new PM of Nepal. Company CEO and MD Deepak Iyer as Managing 37. BCCI has appointed former SC judge Markandey Katju Director of its India operation. He succeeds as the head of a 4-member legal panel to help the Chandramouli Venkatesan. implications of the Justice Lodha Committee reforms. 24. Translator and artist Anita Gopalan has awarded with 38. American ice hockey Olympic champion Angela the 2016 PEN/Heim Translation Fund Grants for her Ruggiero has been elected as the new chair of the English translation of Hindi novel Simsim by Geet International Olympic Committee (IOC)’s Athletes’ Chaturvedi. Commission. He replaced Claudia Bokel. 25. Bhaskar Khulbe has been appointed as Secretary to PM 39. Microsoft has named Anant Maheshwari as the next Narendra Modi. President of Microsoft India. He will succeed Bhaskar 26. Air Marshal S Neelakantan has assumed charge as Air Pramanik. Officer Commanding-in-Chief of Southern Air 40. Nobel Prize-winning Egyptian-American chemist Command. Noted Indian-American Professor Emeritus Ahmed Zewail passed away in the United States. He was of Linguistics Braj B Kachru has passed away in Urbana. 70 years old. He was 84 years old. 41. Former Ferrari driver Chris Amon passed away after a 27. The 24-year old Romania's Simona Halep has won the battle with cancer. He was 73 years old. Rogers Cup women's singles title after beating 42. A six-year-old boy, Om Swaroop Gowda from Karnataka American Madison Keys 7-6, 6-3 in the final Montreal. has set the world record for covering longest distance While in men's title Serbian Novak Djokovic has by limbo skating under cars. defeated Kei Nishikori (Japan) to won the title. 43. The Union Cabinet has given its approval for the terms 28. World Economic Forum (WEF), will host its annual and conditions for transfer of 12 acres of National India Economic Summit on October 6-7 in New Delhi. Textile Corporation Ltd. (NTCL), Indu-6 Mill land to This year's meet will be convened under the theme, Government of Maharashtra for the construction of a 'Fostering an Inclusive India through Digital memorial of Dr. B.R. Ambedkar. Transformation'. 44. The Union Cabinet has given approval for Motor Vehicle 29. Rajasthan has become the first state in the country to (Amendment) Bill 2016 to improve road safety in the approve sewage and wastewater policy. Under this country. policy, all district headquarters, heritage cities, and 45. The Cabinet also approved for the signing of new Air cities in the state which have more than one lakh Services Agreement (ASA) between India and Lao population will be included. People’s Democratic Republic (Lao PDR). 30. Kerala cabinet has decided to appoint veteran CPI-M 46. The Cabinet has given approval for making suitable leader V.S Achuthanandan as the chairman of the amendments in the Central List of OBCs by way of Kerala Administrative Reforms Commission with inclusion/correction/deletion of castes/communities cabinet rank. applicable to the State of Andhra Pradesh and the 31. The Parliament has approved the establishment of six newly formed State of Telangana as per the advice new IITs across the country by passing the Institutes of received from the National Commission for Backward Technology (Amendment) Bill, 2016 in the Rajya Sabha. Classes (NCBC). These IITs will be started in Palakkad (Kerala), Goa, 47. RBI (RBI) Governor Raghuram Rajan has launched Dharwad (Karnataka), Bhilai (Chhattisgarh), Jammu, ’Sachet- www.sachet.rbi.org.in’, a web portal to curb and Tirupati (Andhra Pradesh). illegal collection of deposits. Sachet is an SLCC (State 32. SBI has launched 2 new schemes of loans named Level Coordination Committees) website from which ‘Privilege Home Loan’ for government employees and the members of the public would be able to obtain ‘Shaurya Home Loan’ for Defence Personnel with information regarding entities which are allowed to pensionable service. The interest rates will be 0.05 % accept deposits, lodge complaints and also share less than current interest rates on home loans. information regarding illegal acceptance of deposits by 33. AXA, Alibaba, and Ant Financial Services have stated unscrupulous entities. that they have agreed to engage in a global strategic 48. RBI (RBI) has set up a committee to look at the various partnership to explore opportunities to distribute facets of household finance in India and to benchmark AXA's insurance products and services through India’s position vis-à-vis both the peer countries and Alibaba's global e-commerce ecosystem. advanced countries. This will be chaired by Dr. Tarun 34. Neyveli Lignite (NLC) is planning to acquire a 1200 MW Ramadorai. Raghunathpur Thermal Power Project (RTPP) of 49. The three-day Defence Research and Development Damodar Valley Corporation (DVC). Organisation (DRDO) exhibition held in the Parliament 35. State-run Bharat Heavy Electricals Ltd (BHEL) has premises in New Delhi. commissioned the second 500 Mw (megawatt) thermal 50. Rajasthan's CM Vasundhara Raje has laid the unit at Marwa Thermal Power Station in Janjgir- foundation of 14 projects worth Rs 2,229 Crore and Champa district of Chhattisgarh. stated that the city of Jaipur will be a 'wonder city' in next two years. The projects include converting 2 www.bankersadda.com | www.sscadda.com | www.careerpower.in | www.careeradda.co.in Amanishah Nala into its original form of Dravyawati 67. Union Finance Minister Arun Jaitley announced that the river. Government has set the ambitious target to roll out of 51. D K Gayen has assumed charge of new General Manager the Goods and Services Tax, (GST) from 1st April 2017. of East Central Railway (ECR) with headquarters at 68. Union Government has set an inflation target of 4 % for Hajipur in Bihar.
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