com
www.aspirantszone.com
MOU/Agreement Countries
India Nepal On Drug Demand Reduction and Prevention of Illicit Trafficking in Narcotic
Drugs and Psychotropic Substances and precursor chemicals, and related
matters.
India Nepal For starting construction of a new Bridge over Mechi River at Indo-Nepal
border.
The estimated cost of construction of the bridge is 158.65 crore rupees, which
would be funded by Government of India through ADB loan.
India USA Will start a new two-by-two ministerial dialogue to enhance peace and
stability across the Indo-Pacific region .
India International Vaccine India has committed an annual contribution of $5,00,000 for vaccine research
Institute (IVI) in South and development.
Korea
India Germany On technical cooperation under the Indo-German Energy Programme – Green
Energy Corridors (IGEN-GEC).
India Brazil For cooperation in the fields of Zebu Cattle Genomics and Assisted
Reproductive Technologies
India Myanmar For the conservation of earthquake-damaged pagodas at Bagan, Myanmar
India Israel On an R&D and technological innovation fund which will see both countries
contribute $40,00,000 each annually for five years
India Canada A set of two commemorative postage stamps will be issued jointly by the
Government of India and Canada on the theme of Indian festival Diwali, which
will be released on September 21, this year.
India Switzerland Two Memorandums of Understanding (MoUs) in the field of Railways
MOU Industry/States/Others
State Bank of India (SBI) Samsung India Availability of Samsung Pay for higher variants of SBI
debit card.
Bank of Baroda Finolex Plasson Industries In order to finance farmers for installation of Micro
Irrigation system for their fields through
Union Bank of India Bajaj Allianz General For distribution of their insurance products
Insurance and
Cholamandalam MS
General Insurance
Axis Bank Solar energy services to offer ter loa s ra gi g fro ₹5 lakh to ₹50 lakh for
company Freyr Energy tenures up to five years,for solar rooftop installations in
Telangana and Andhra Pradesh.
IDFC Bank Digital payments company to launch IDFC Bank Benefits – a payment solution for
Zeta corporates that digitises employee spends and claims,
making the process simple, real-time and paperless.
Dhanlaxmi Bank DHFL Pramerica Life Bank will distribute retail and group life insurance
Asia Game Changer Award Dev Patel Awarded in recognition of him using his
(British-born actor) celebrity status to place a spotlight on
India s poor
Hugo Award for Best Novel 2017 Nora K. Jemisin an American speculative fiction writer.
Given for her work The Obelisk Gate .
Screen Actors Guild Life Morgan Freeman Hollywood actor
Achievement Award
John Stewart Bell Prize Ronald Hanson A trio of scientists who defied Einstein by
Sae-Woo Nam proving the nonlocal nature of quantum
Anton Zeilinger entanglement will be honoured with the
John Stewart Bell Prize from the University
of Toronto (U of T).
'Women Transforming India Awards' by Niti Aayog in partnership with the UN in India and MyGov given to 12
women to recognise the transformational impact of work undertaken by them across India's villages, towns and
cities.
The first-ever student to have scored 100 per cent in the prestigious Joint Entrance Examination- Mains,
Udaipur boy Kalpit Veerwal has made it to the Limca Book of Records for his feat.
Nine-year-old Kaamya Karthikeyan became the youngest person to reach the summit of the 6,153 metres-high
Mt Stok Kangri in Kashmir.
Rahul Doshi, 12-year-old Indian-origin boy has been crowned as the UK's 'Child Genius' in a popular television
quiz competition.
Harry Potter creator JK Rowling named world s highest-earning author by Forbes
Melbourne in Australia named the world s most liveable city by The Economist. Damascus in Syria given the
lowest rank – world s worst liveable city.
PM Narendra Modi, Kailash Satyarthi, Founder of Kailash Satyarthi Children's Foundation, Congress MP Shashi
Tharoor, Global Chief People Officer and Priyanka Chopra -- feature in LinkedIn Power Profiles List of 2017
Bollywood s highest paid 2017 Actor – Shahrukh Khan. Deepika Padukone and Priyanka Chopra also features in
top 10 – Forbes List
World s Highest-Paid Actresses 2017 list topped by Emma Stone of USA – Forbes List
World s highest paid actor is Mark Walhberg; Shah Rukh Khan ranks 8th – Forbes List
Highest paid female athletes of 2017 list topped by American tennis player Serena Williams - Forbes list
Alibaba Group s Jack Ma - Asia s richest man, according to the Forbes real-time billionaires list.
Fortune's 2017 '40 Under 40' list topped by French President Emmanuel Macron
The world record for the largest samosa has been created in London. The enormous snack, weighing in at 153.1
kg, was made by a team of Muslim Aid volunteers at the East London Mosque.
The UN Educational, Scientific and Cultural Organization (Unesco) has announced the winners of the 2017
International Literacy Prizes, which honours excellence and innovation in the field of global literacy.
Conference/Summits/Exercises
Summit Place Extra Knowledge
Retail India Summit and Expo (RISE 2017) New Delhi
24th Congress of International Union of Hyderabad,
Crystallography Telangana
8th World Renewable Energy Technology Congress New Delhi
Meeting of Regional Technical Group on Trade, New Delhi
Commerce and Investment CBM
First meeting of the Japan-India Coordination Forum New Delhi for Development of North-
Eastern Region
Foreign and Security Policy Consultations between New Delhi
India and the European Union
India-Asean Youth Summit Bhopal, MP to mark the 25th anniversary of
the India-Asean dialogue
partnership
First South Asian Youth Summit-2017 Bhubaneswar, Scheduled in September 2017
Odisha
First BIMSTEC Disaster Management Exercise India Scheduled in October 2017
Tech Summit 2017 New Delhi India and Canada will co-host
Scheduled in November 2017
International News
The International Atomic Energy Agency (IAEA) decided to open the Low Enriched Uranium Bank in Kazakhstan. The
IAEA opened the bank to ensure the supply of nuclear fuel in the event of disruption due to political or market
problems.
Google has pledged $1 million relief to flood-hit areas of India, Nepal and Bangladesh. It is committing $1 million
from Google.org and Google employees to Goonj and Save the Children for their relief efforts.
America s President Donald Trump awarded his first Medal of Honor to James McCloughan, an Army medic who
served in Vietnam.
India and China are home to 39 per cent or 320 million of the 830 million young people worldwide who use the
Internet, according to a UN report.
The first regional centre of the New Development Bank, set up by India and other BRICS nations, was officially
opened in Johannesburg, South Africa.
In a first, Nepal has launched its climate-smart snow leopard landscape management plan, leading the way in
safeguarding this endangered species, also found in India, and its habitat.
The United States issued a ban prohibiting its citizens traveling to North Korea.
Qatar s Cabinet has approved a draft law making permanent residency available to some non-citizens, marking a
partial shift from its reliance on its longstanding visa-sponsorship system.
Kenyans producing, selling or even using plastic bags will risk imprisonment of up to four years or fines of $40,000,
as the world s toughest law aimed at reducing plastic pollution came into effect.
Pakistan s new cabinet included the first Hindu in a Pakistan government in more than 20 years, Darshan Lal.
In an apparent bid to take on Google-owned YouTube, Facebook has rolled out Watch — a redesigned video
platform for creators and publishers.
Tech giant Microsoft has announced its 11th cohort of 14 late-stage start-ups for its 'Accelerator' programme to
help boost their enterprise readiness and go-to-market (GTM) activities.
Software giant Microsoft has announced its 'Project Brainwave' deep learning acceleration platform for real-time
artificial intelligence (AI).
According to global leader in broadband testing Ookla, Norway has the fastest mobile Internet in the world.
UN declares Somalia free of polio
The largest volcanic region on Earth, with nearly 100 volcanoes, has been discovered two km below the surface of
the vast ice sheet in west Antarctica.
China will run the world's fastest bullet train -- the Fuxing -- between Beijing and Shanghai at 350 kms per hour,
covering the 1,250-km-long distance (equal to that between Jammu to Bhopal) in just 4.5 hours from September
21.
China is going to launch the world's first nuclear power plant, the Sanmen Nuclear Power Station, that is immune to
eltdo . The US a d Chi a joi tly i ested o er ₹38,000 rore for uildi g the rea tor used i the pla t.
Severe Typhoon Hato hits Hong Kong.
Pakhar, the 14th typhoon of the year, landed in the Chinese city Taishan in Guangdong province, bringing gales of
up to 33 meters per second. Pakhar hit the province soon after Typhoon Hato, which landed in Zhuhai, about 80 km
from Taishan.
Lebanese President Michel Aoun has signed the country s first animal welfare bill into law, guaranteeing the legal
protection of domestic and wild animals from abuse.
The island of Tuvalu was the least visited country in 2016, according to a report by the United Nations World
Tourism Organisation.
National News
Dera Sacha Sauda chief Gurmeet Ram Rahim Singh gets 20-year jail term, Rs30 lakh fine in rape cases. Judge
Jagdeep Singh awarded a consecutive sentence of 10 years for each rape case.
The Indian Commodity Exchange (ICEX) launched the world s first diamond futures contracts to provide exporters
with a hedging tool.
The Centre has decided to observe this 70th Independence Day on August 15 as Sankalp Parva . A order said that
August 15, 2017 be celebrated as the Sankalp Parva or the Day of Resolve, and in 2022 our nation will transform
that resolve into Siddhi or attainment.
On 15th August, PM Narendra Modi launched a website http://gallantryawards.gov.in to honour all the gallantry
award winners since Independence.
The Prime Minister interacted with Young Entrepreneurs at the "Champions of Change" initiative organised by NITI
Aayog at Pravasi Bharatiya Kendra.
Government has launched a video of the National Anthem in sign language and said the government addressed the
physically challenged as divyang and not viklang to ensure there was no distinction. The 3.35-minute video,
directed by Govind Nihalani, stars Bollywood star Amitabh Bachchan, along with physically challenged children
performing the anthem in sign language, with the Red Fort in the background.
Based on a recent assessment carried out by the states, the government has revised downwards its targets for
building affordable housing for urban poor by 2022. The government announced that it would need to construct
about 1.2 crore houses as against 1.8 crore estimated earlier.
The government announced that it would need to construct about 1.2 crore houses as against 1.8 crore estimated
earlier. A digital police portal under the CCTNS project, which aims to create a national database of crimes and
criminals, has been launched by Home Minister Rajnath Singh.
Closure of loss-making Bharat Wagon and Engineering Company (BWEL), a Central Public Sector Enterprise under
the Ministry of Railways approved.
SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) scheme renamed as
Pradhan Mantri Kisan Sampada Yojana (PMKSY).
New initiative SAMADHAN (S-Smart Policing and Leadership; A -Aggressive Strategy, M-Motivation and Training, A-
Actionable Intelligence; D-Dashboard for Development and Key Performance Indicators, H-Harnessing Technology
for Development and Security, A-Action Plan for each Theatre and N-No access to Financing) launched to control
the situation in the LWE affected states.
Union Home Minister Rajnath Singh inaugurated Yuva , a Delhi Police initiative for skill development among the
youth, as part of its community policing.
Union Minister for Social Justice and Empowerment Tanwar Chand Gehlot inaugurated a nine-day campaign on
'Clean Society-Healthy Society'.
All-India Elephant Population Estimation shows that India has 27,312 elephants. Highest being in Karnataka (6,049)
Union Environment, Forest and Climate Change Minister, Dr. Harsh Vardhan, launched Gaj Yatra , a nationwide
campaign to protect elephants on the occasion of World Elephant Day.
Environment Minister Harsh Vardhan launched the Harit Diwali, Swasth Diwali campaign to celebrate a pollution-
free Diwali.
The Human Resource Development (HRD) Ministry has announced November 13 as the date for conducting its
National Assessment Survey (NAS) for the students of Class 3, 5, and 8
National Sports Talent Search Portal launched. The portal, nationalsportstalenthunt.com, aims to provide a direct
link to help kids and youngsters reach the ministry and senior sports administrators with their achievements.
EPFO organizes Tiranga Yatra – Commemoration of 75th anniversary of the Quit India Movement in Mumbai.
India Permitted to Construct Kishanganga (330 megawatts) and Ratle (850 megawatts) hydroelectric power plants:
World Bank. Pakistan has opposed the construction of these. Kishanganga on Jhelum River and Ratle on Chenab
River.
India s exclusive rights to explore polymetallic nodules from seabed in Central Indian Ocean Basin (CIOB) have been
extended by five years. Approved unanimously in the 23rd session of International Seabed Authority (ISA).
Government has launched the Measles-Rubella (MR) vaccination campaign to reduce measles morbidity and
mortality. Campaign will cover children in the age group of 9 months to less than 15 years.
According to a new study from Oxford Economics, Delhi will have the fastest growth of any city in Asia, with the
economy to be almost 50% larger in 2021 than it was at the end of last year.
IRCTC s - Book Tatkal Tickets Now, Pay Later Scheme - People can now pay later for tickets booked under the tatkal
quota on IRCTC website
India has the most number of child deaths due to tuberculosis, according to a Lancet study which found that over
55,000 children died from the disease in the country in 2015.
India s first World Peace University (Dr Vishwanath Karad MIT World Peace University (MIT-WPU)) inaugurated in
MIT, Pune.
India s first railways disaster management village is expected to come up near Bengaluru by December 2018.
The Ministry of Youth Affairs and Sports is going to establish National Sports Museum, first of its kind, at Jawaharlal
Nehru Stadium, New Delhi.
Country's first Videsh Bhavan, assimilating all Regional Passport Offices under one roof, going to be inaugurated at
the Bandra Kurla Complex (BKC) in Mumbai.
To celebrate India s 71st Independence day, India has gifted 30 ambulances and six buses to Nepal for
strengthening its education and health services.
In its first visit to India, American Navy s amphibious dock landing ship USS Pearl Harbor arrived in Goa as part of
defence cooperation between the two countries.
India s largest autonomous public research and development organisation Council of Scientific and Industrial
Research (CSIR) has been ranked 9th in the world among government institutions and 75th globally, according to
the Scimago Institutions ranking World Report 2017. Topped by Chinese Academy of Sciences
State News
Andhra Pradesh
Government to develop green airports in Andhra Pradesh - Tirupati and Vijayawada. [Cochin International Airport
Limited (CIAL) in Kerala became the first airport in the world, to be completely powered by solar energy]
Rayichapalu , a regular catch for fishermen in Andhra Pradesh s Visakhapatnam, has been declared as one of the
rarest species of fish in the world by Marine Living Resources Department, Andhra University.
CM N. Chandrababu Naidu laid the foundation stone of the Indo-UK Institute of Health (IUIH) Medicity in Amravati.
The facility is being developed in association with King s College Hospital, London, with an investment outlay of Rs
1,600 crore.
'First of its kind' initiative - helpline number 1100 to tackle corruption in the state launched earlier in the year is
helping state to curb corruption.
Andhra Pradesh s Eastern Power Distribution Company Ltd (EPDCL) and the Southern Power Distribution
Corporation of AP Ltd. (SPDCL) have become the first state-owned distribution companies in India to accept
payments through Bharat QR.
Chief Minister Nara Chandrababu Naidu has declared Friday as the day of the week when he will meet with the
poor and underprivileged sections of Andhra Pradesh society to hear their grievances and try to resolve them.
The day has been declared as the “Day of Helping Hand”.
Chhattisgarh
Nineteen acres of land which housed around 70 government office buildings in Chattisgarh s Raipur is being
converted into India s first micro forest in order to create an oxy-zone.
Delhi
The National Green Tribunal, NGT has imposed an interim ban on use of non-biodegradable plastic bags which are
less than 50 microns in the New Delhi. Fine of 5,000 rupees on anyone found in possession of such banned plastic.
North Eastern Cultural and Information Centre will be set up in Delhi.
A special train called the mosquito terminator was pressed into service by the South Delhi Municipal Corporation
(SDMC), in collaboration with the Northern Railway, to spray anti-larval chemicals along the tracks to control
mosquito breeding.
First edition of Rural Games or Grameen Khel Mahotsav will kick-start from Delhi and will take place between 28th
August to 3rd September, 2017
Gujarat
The None Of The Above (NOTA) option available for the first time in upcoming Rajya Sabha elections in Gujarat.
Goa
The Goa Legislative Assembly has passed a bill which reclassifies coconut as a `tree, ensuring legal protection for it.
Goa Chief Minister Manohar Parrikar announced that Goa will be made garbage free by 2020.
Karnataka
Kempegowda International Airport in Bengaluru, Karnataka will become the first airport in the country to have a
helicopter-taxi (heli-taxi) service for those who cannot afford to spend time battling traffic to travel across the city.
Indira Canteen , aimed at serving the poor at subsidised rates, was inaugurated in Bengaluru by Congress vice
president Rahul Gandhi.
Karnataka Government launched clouding seeding Project Varshadhari in Bengaluru under which an aircraft will
spray chemicals to induce rainfall.
Samsung India has collaborated with the Government of Karnataka for a notebook donation drive to extend its
support to students from government schools across Bengaluru, Kolar and Mulbaghal districts in the state.
Bengaluru-based social education start-up Meghshala Trust, supported by Tata Trusts, launched Meghshala
( School on the Cloud ) app for Karnataka teachers.
Karnataka ropes in Microsoft to develop a unique farm price forecasting model using latest IT tools in a bid to
help farmers.
Amazon announced a partnership with the Akshaya Patra Foundation to implement the Karnataka government s
Ksheera Bhagya Scheme in Bengaluru, wherein schoolchildren would be provided a glass of milk each five days a
week.
Karnataka government will be merging the existing seven health schemes to launch a unified scheme- Arogya
Bhagya which will cover all 1.4 crore households of the state.
Madhya Pradesh
The Madhya Pradesh government has contributed Rs. 2 crore to Assam Chief Minister s Relief Fund for the
prevailing flood situation in the state.
Maharashtra
Maha govt launches two online portals MahaDBT, MahaVASTU. MahaDBT portal will enable direct transfer of
benefits for over 40 schemes. MahaVASTU portal is an online building permission management system
The Bombay High Court has accepted Maharashtra government s statement that it would not allow children below
the age of 14 years to participate in the Dahi Handi festival.
Govt. launched Namo Yuva Rojgar Kendra an initiative providing job opportunities to unemployed youth in Mumbai
Manipur
A North East Centre for Ethno Medicinal Research has been inaugurated at Hengbung village in Kangpokpi
district of Manipur.
Manipur's Nungthaang Tampak village has emerged as the '100 percent computer literate' not only in the state
but in the entire North East.
Odisha
Odisha will partner with Facebook to train women entrepreneurs and Self Help Groups (SHGs) to promote
entrepreneurship and digital literacy and organise hands-on workshops for Micro, Small and Medium women
Entrepreneurs and women SHGs on Digital Marketing Skills in collaboration with Facebook.
Odisha s Government has launched She Means Business programme of Facebook for women entrepreneurs in
Odisha.
Odisha Government will soon launch Durgama Anchalare Malaria Nirakaran (DAMON), a special programme to
prevent the spread of malaria in remote areas of Ganjam district.
Government of Odisha, in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI),
will organise the first ever Odisha Travel Bazaar in October in Bhubaneshwar.
Punjab
India s first museum on Partition of the Indian subcontinent opened in Amritsar, Punjab.
Rajasthan
Prime Minister Narendra Modi dedicated a hanging bridge built across the Chambal river at Kota to the nation. The
bridge, over Chambal River, has the longest main span of 350 metre in the country and will also act as a bypass to
Kota City.
Tamil Nadu
Bangladesh will soon open a new diplomatic station in Chennai.
Telangana
Microsoft ties up with Telangana to use AI to screen kids for eye issues.
In association with the World Resources Institute (WRI) India – Ross Centre and the Indian School of Business (ISB),
Telangana govt launched Smart Streets Lab in Hyderabad to boost women and road safety.
Telangana government launches 181 helpline for distressed women
Uttarakhand
The World Book Fair 2017 held in the capital city of Uttarakhand from August 28, with the state government
offering discounts on books based on the lives of national figures.
Uttar Pradesh
The state has initiated a cleanliness drive Swachata Ka Shankhnad in the state.
The centre has approved a proposal to rename the Mughalsarai railway station in Uttar Pradesh after RSS
ideologue Deen Dayal Upadhyaya.
Namami Gange Jagriti Yatra campaign launched by UP government to focus on cleanliness along the banks of
Ganga river and maintain hygiene.
The country s first aviation university at Fursatganj in Uttar Pradesh s Rae Bareli district inaugurated on August 18.
Air Vice Marshal (retired) Nalin Tandon has been appointed as the vice-chancellor.
The Uttar Pradesh cabinet has decided to end the process of holding interview for selection of candidates for the
government jobs in all the non-gazetted posts of Group B, C and D categories.
Corporation Bank has bagged the best performance awards for SHG-bank linkage programme for Karnataka for
2015-16 and 2016-17 from National Bank for Agriculture and Rural Development (Nabard).
The Insurance Regulatory and Development Authority of India (IRDAI) has launched a Central Database (Christened
as Envoy ) of all Insurance Sales Persons in the country.
Business News
The government has banned exports of gold jewellery, medallions and other articles with purity above 22 carats in
a bid to check round tripping of the precious metal.
Country s top mobile operator Bharti Airtel has partnered with Symantec to provide cyber defense to enterprises.
HCL Technologies has completed the acquisition of Urban Fulfilment Services, LLC.
HDFC Ergo General Insurance has completed the merger with L&T General Insurance, marking the first
amalgamation in the country's non-life insurance sector.
E-commerce major Flipkart has acquired global technology major eBay.
Infosys to acquire Brilliant Basics, a London-based product design and customer experience (CX) innovator.
Messaging and social media technology company Hike Messenger has acquired Bengaluru-based tech startup Creo.
Headquartered in San Jose, Northern California, PayPal, one of the world s largest Internet payment companies
would acquire Swift Financial, an online lender for small businesses in the US.
Microsoft has announced the acquisition of Cycle Computing, which will help make it easier for Azure customers to
use High Performance Computing (HPC).
The National Skill Development Corporation (NSDC) and Google India have launched Android Skill Development
programme to impart mobile development training on the Android and web platform and improve the quality of
mobile app development ecosystem in India.
BSEs India INX (India International Exchange) has received an approval from the Securities and Exchange Board of
India to commence trading in gold options contracts from August 30. It will be the first one in India to commence
trading.
Airport Authority of India (AAI)-Ola partnership to facilitate smart mobility service across airports
Walmart and Google have announced a new partnership that will enable voice shopping through Google Assistant,
Google s virtual assistant that lives on devices like its smart speaker, Google Home.
Economy News
The government has ordered state-run oil companies to raise subsidised cooking gas (LPG) prices by Rs 4 per
cylinder every month to eliminate all the subsidies by March next year.
Government approved an MoU signed by India and other BRICS nations for setting up of an agriculture
research platform.
Centre has set up a new exchange-traded fund Bharat-22 to sell government stakes in 22 firms under its asset
sale programme. It will feature four banking stocks — SBI, Axis Bank, Bank of Baroda and Indian Bank — other
than CPSEs such as Nalco, ONGC, IOC, BPCL and Coal India. ICICI Prudential is the fund manager.
The Government of India has launched a new sub-scheme named Aajeevika Grameen Express Yojana (AGEY)
as part of the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).
The government has raised the creamy layer ceiling by Rs 2 lakh and announced setting up of a commission to
work out sub-categorisation within Other Backward Classes (OBCs) for a "more equitable distribution of
reservation benefits". OBC families earning up to Rs 8 lakh per annum will not be considered in the creamy
layer. Earlier, this ceiling was Rs 6 lakh per annum.
The government has clarified that selling of space for advertisements in print media would attract 5 and 18
per cent Goods and Services Tax (GST), depending on the terms of the contract between the newspaper,
advertisement agency and the client.
The Union Cabinet has approved promulgation of an ordinance to suitably amend the Goods and Services Tax
(Compensation to States) Act, 2017. The approval will allow increasing the maximum rate at which the
Compensation Cess can be levied from 15% to 25%. The Cabinet approved raising a levy on luxury cars and
sports utility vehicles to 25 per cent from 15 per cent.
The Union Cabinet has extended the criteria for deciding the creamy layer under the Other Backward Classes
(OBC) category to Public Sector Undertakings and financial institutions. Earlier it was not implemented in PSUs
and financial institutions like banks and insurance companies. Now the same limit of Rs 8 lakh, which is
applicable on central government, will also be applicable on PSUs and financial institution
Indian economy s growth slows down in first quarter of the current fiscal 2017-18 ended June at 5.7%, as
compared to 7.9 per cent in the same period a year ago.
The Rajya Sabha has passed the Banking Regulation (Amendment) Bill, 2017, which will enable the
government to empower the RBI to direct lender banks to act against big loan defaulters. The bill, which
amends the Banking Regulation Act, 1949, will replace the Banking Regulation (Amendment) Ordinance, 2017.
The three-decade old National Crime Records Bureau (NCRB) has been merged with another central police
organisation — the Bureau of Police Research and Development (BPRD) by the government with an aim to
improve efficiency of development works related to policing.
Base year to measure WPI revised from 2004-05 to 2011-12
According to The Economic survey, extreme weather events are costing India $9-10 billion annually and
climate change is projected to impact agricultural productivity with increasing severity from 2020 to the end of
the century.
With 1,19,100 deaths, India is among the five nations -- Indonesia, the DR Congo, China and Pakistan -- that
accounted for 73 per cent of rheumatic heart disease deaths globally in 2015, a study has showed.
Looking to preserve India's rich food heritage, regulator FSSAI along with Yes Bank is creating an archive of
recipes and plans to take other initiatives such as setting up hubs and organising food festivals. Also, a
dedicated online portal 'FOODCAST' will be designed to disseminate these recipes and also guide people on
which food to eat and when.
Asia Index Private Ltd has announced the launch of S&P BSE Bharat 22 Index. It has been launched to track the
performance of state-run companies in which the central government has divested its stake. S&P BSE Bharat
22 has been licensed to ICICI Prudential AMC for development of an exchange traded fund (ETF) based on the
index.
Gobindobhog rice,a speciality from Burdwan district of West Bengal, has got the geographical indication (GI)
status. As a result of getting the GI tag, as the certification is also called, rice from other regions or rice of
other varieties cannot be branded as Gobindobhog .
The first phase of National Cyber Coordination Centre, set up to scan the country s web traffic to detect cyber
security threats, has been made operational now
In a first, US scientists have developed a plant-based Zika vaccine that could be more potent, safer and cheaper to
produce than other medicines being developed for the disease. The vaccine, developed using tobacco plant, targets
a key protein — called DIII — which envelopes the outside of the Zika virus and plays a key role for the virus to
infect people.
A group of Indian scientists has recently discovered a new frog species named Nasikabatrachus bhupathi, which has
a face of a pig. The frog has been named after the Indian herpetologist S. Bhupathy, who died in 2014.
A team of Indian researchers has discovered two new primitive species of earthworm in the Western Ghats
mountain ranges in Kerala. The two new species are named Drawida polydiverticulata and Drawida thomasi.
BitBay, one of the top ten cryptocurrency trading platforms in the world, has launched a dedicated platform for
trade and exchange of digital currencies such as bitcoin, litecoin, ether, Lisk, monero, dash and game credits. BitBay
claims to be the only exchange in India that provides trade and exchange of multiple cryptocurrencies, high level
security standards, including a cold wallets policy and two-factor authentication solutions.
International Astronomical Union (IAU) named an asteroid after a young Indian scientist Dr. Guneshwar Thangjam.
The asteroid, which orbits the sun is called Thangjam Asteroid or 11806 Thangjam .
Scientists at the University of Toronto in Canada developed a new injectable tissue bandage that can repair
damaged heart without surgery
British scientists have developed the world s smallest surgical robot which could transform daily operations for tens
of thousands of patients. The robot is called Versius.
The Indian Space Research Organisation (ISRO) has planned to launch a full-fledged niche Earth observation (EO)
satellite — called the Hyperspectral Imaging Satellite or HySIS — using a critical chip it has developed.
ISRO and NOAA (National Oceanic and Atmospheric Administration (USA)) to develop high speed data link for
meteorological data exchange
SpaceX has successfully launched Hewlett Packard Enterprise s (HPE) Spaceborne Computer towards the
International Space Station (ISS) using Falcon 9 rocket.
NASA has launched the latest in a series of satellites aimed at ensuring astronauts at the International Space
Station can communicate with Earth.
The NASA has successfully launched Tracking and Data Relay Satellite-M (TDRS-M) into orbit.
Apps Launches/Portal/Helpline
APP/Portal Features/Use
e-RaKAM (Rashtriya Kisan Agri an e-platform to trade agriculture commodities to ensure better returns to
Mandi) farmers and access to larger markets to buyers.
AGRI UDAAN programme Launched by Hyderabad-based ICAR-National Academy of Agricultural
Research Management (NAARM).
Selected startups will be trained to develop innovative agriculture products.
Bespoke mobile wallet (mobile State-run Bharat Sanchar Nigam Limited (BSNL) has launched it.
payment App) Has been developed and issued by MobiKwik on behalf of BSNL.
1. MyFASTag (Launched by National 1. Consumer App. A consumer can purchase or recharge FASTags on this App
and Highways Authority 2. Merchant App. Common Services Centre, banking partners and vehicle
2. FASTag Partner of India) dealers can sell and enroll FASTag through this App
Defence News
A student of Chennai s SRM University, Dacharla Panduranga Rohith developed a Nano Missile on 21 August
2017 recognised by World Records of India.
A six-member all-woman team of the Indian Navy will set sail to circumnavigate the globe on the sailing vessel
INSV Tarini. This is the first-ever Indian circumnavigation of the globe by an all-woman crew. The expedition
has been titled Navika Sagar Parikrama .
India s first private sector missile sub-systems manufacturing facility, a joint venture between the $2.5 billion
Kalyani Group and Israel s Rafael Advanced Defence Systems Ltd., was inaugurated near Hyderabad.
The Indian Coast Guard Ship Varuna, which was part of the First Training Squadron of the Navy, was
decommissioned with full armed forces honours at a ceremony held at the south jetty of the Southern Naval
Command.
The exercise Yudh Abhyas – 2017 between India and USA, will be held from September 14-27 at Joint Base
Lewis-McChord in the US.
An Indian-built Advanced Offshore Patrol Vessel (AOPV) has been commissioned by the Sri Lankan navy at a
ceremony in Colombo harbour. Constructed by the Goa Shipyard Limited (GSL) in India, it is the first-ever
brand new AOPV purchased from a foreign ship builder for Sri Lanka.
Indian Navy s second LCU (landing craft utility) Mark IV L52 ship was commissioned at Port Blair, capital of
Andaman and Nicobar Islands. LCU L52 is the second LCU Mk-IV class ship to be inducted into the Indian Navy.
Proposal passed to buy six Apache AH64E attack helicopters for the army from the United States. They are
expected to cost around Rs 4,168 crore.
Sports News
Tournament Winner Other Info
South Asian Football Federation (SAFF) Under-15 India Beat Nepal
Championship
MCC-Murugappa Gold Cup Oil and Natural Gas Corporation Beat Bengaluru Hockey
(ONGC)
National Blitz Chess Championship R.R. Laxman Championship held at Kolkata
74th National Squash Championships – men s Saurav Ghoshal
singles
74th National Squash Championships – women s Joshna Chinappa
singles
Asian Shotgun Championship Ankur Mittal Championship held at Astana,
Kazakhstan
Lagos International challenge – men s singles C Rahul Yadav
Lagos International challenge – men s doubles Manu Attri and B Sumeeth
Reddy
Bulgaria Open International Series title– men s Lakshya Sen
singles
WBO Asia Pacific Super Middleweight title Vijender Singh Beated Chinese opponent
Zulpikar Maimaitiali
Citi Open title Alexander Zverev Beat Kevin Anderson
Rogers Cup– men s singles Germany s Alexander Zverev Swiss Roger Federer
Rogers Cup– women s singles Elina Svitolina Caroline Wozniacki
Spanish Super Cup Real Madrid Beat Barcelona
FIBA Asia Cup 2017 (Basketball Championship) Australia Beat Iran
UEFA Male Player of the Year award Cristiano Ronaldo
UEFA Female Player of the Year award Lieke Martens
#UEL Player of the Season Paul Pogba of france
Belgian Grand Prix 2017 Lewis Hamilton Beat Sebastian Vettel
Sports Events
Sports
India has bagged a gold medal in the skeet mixed team event . The Indian duo of Mairaj Ahmad Khan and Rashmmi
Rathore bagged it for India.
Budding India shooter Shapath Bhardwaj, aged 15, has become the country s youngest athlete to figure in the
government s Target Olympic Podium (TOP) scheme.
PV Sindhu Becomes Second Indian To Win Silver At World Badminton Championship.
Oinam Bembem Devi Becomes Second Indian Female Footballer To Win The Arjuna Award.
Indian captain Virat Kohli became the leading ODI run-scorer in 2017. Kohli, who has now scored 907 runs this year,
overtook South Africa s Faf du Plessis, who has 814 runs in 2017.
India beat Austria 4-3 to end European tour on a high
Lionel Messi becomes the first player to score 350 La Liga goals
Legendary Sprinter Usain Bolt retires.
England's all-time leading goalscorer Wayne Rooney has announced his retirement from international football.
Neymar has completed his record-shattering transfer from Barcelona to Paris Saint-Germain, signing a five-year
deal with the French club after it triggered his 222 million euros ($263m) release clause. The 25-year-old Brazil
forward is committed to PSG until June 2022.
U-19 cricket Asia Cup to be held in November 2017 has been shifted from Bengaluru to Malaysia following the
Pakistan Cricket Board (PCB) s objection to the tournament being held in India.
USA tops the IAAF World Championships 2017 medal tally (30 medals). It was held in London. Hero-the Hedgehog
was a Mascot of 2017 IAAF World Championships and Whizbee-the Bee was the Mascot for the Para Athletics.
Committee
Head of Committee Purpose
K. Viswanathan Securities and Exchange Board of India (Sebi) has set up a committee on fair market
conduct .
Justice B N Srikrishna To study various issues relating to data protection in the country and suggest a draft
data protection Bill. Formed by Union Government.
Justice BN Srikrishna To review the Institutionalization of Arbitration Mechanism in India has submitted its
report.
Maj. General (Retired) B C Committee has recently recommended 100% pension to widow of deceased soldier
Khanduri
Committee of joint Constituted by GOI for ensuring enhanced affordability, availability and accessibility of
secretaries drugs for the citizens.
K Rajeswara Rao To review the National Mineral Policy, 2008, and suggest a new framework will submit
its report by October-end.
Tarun Ramadorai Committee on Household Finance has suggested that banks link their home loan rates
to the RBI s repo rate, the rate at which it lends to banks, instead of the Marginal Cost
of Funds based Lending Rate (MCLR).
D.B. Shekatkar The government has accepted the first batch of 65 recommendations of the Lt General
D.B. Shekatkar (retd) committee which will result in redeployment of 57,000 personnel
for various other required duties.
Rankings
Books
Obituaries
Important Days
Month Special
RBI cuts key lending rates by 25 basis points
The monetary policy committee (MPC) of the Reserve Bank of India (RBI) has cut its key policy rate by 25 basis points (bps),
citing a sharp fall in consumer price inflation.
MPC reduced the repo rate—at which the central bank infuses liquidity in the banking system—to 6%, the lowest since
November 2010, from 6.25%.
New Rates:
Other highlights
The Supreme Court of India pronounced that individual privacy is a fundamental right protected by the Constitution. A
nine-judge Constitution Bench of the Supreme Court, led by Chief Justice of India J.S. Khehar ruled that the right to
privacy is intrinsic to life and liberty, thus coming under Article 21, and comes under the various fundamental freedoms in
PART III of the Indian Constitution.
All the nine judges arrive at the same conclusion, though through different but concurring judgments, that right to
privacy is intrinsic to right to life and liberty. With this now India has total seven fundamental rights.
Right to equality, Right to freedom, Right against exploitation, Right to freedom of religion, Cultural and
Educational rights, and Right to constitutional remedies are the 6 fundamental rights of India.
President of India Shri Ram Nath Kovind conferred National Sports & Adventure Awards 2017 in a ceremony held at
Rashtrapati Bhawan. Here is the list of awardees:
Rajiv Gandhi Khel Ratna 2017: Devendra Jhajaria (para-athlete), Sardar Singh (hockey)
Dronacharya Awards 2017: Late Dr. R Gandhi (athletics), Heera Nand Kataria (kabaddi), GSSV Prasad
(badminton), Brij Bhushan Mohanty (boxing – Lifetime), PA Raphel (hockey – Lifetime), Sanjoy Chakraverthy
(shooting – Lifetime), Roshan Lal (wrestling – Lifetime)
Arjuna Awards 2017: Jyothi Surekha Vennam (archery), Khushbir Kaur (athletics), Rajiv Arokia (athletics),
Prashanthi Singh (basketball), Laishram Devendro Singh (boxing), Cheteshwar Pujara (cricket), Harmanpreet Kaur
(cricket), Oinam Bembem Devi (football), SSP Chawrasia (golf), SV Sunil (hockey), Jasvir Singh (kabaddi),
Prakash Nanjappa (shooting), Anthony Amalraj (table tennis), Saketh Myneni (tennis), Satyawart Kadian
(wrestling), Mariyappan (para-athlete), Varun Singh Bhati (para-athlete)
Dhyan Chand Award 2017: Bhupender Singh (Athletics), Syed Shahid Hakim (Football), Sumarai Tete (Hockey)
India’s first private sector-built navigation satellite IRNSS-1H fails after launch: ISRO
India’s first private sector built satellite IRNSS-1H today on August 31 failed after its launch from Sriharikota
spaceport in Andhra Pradesh, Indian Space Research Organisation (ISRO) said.
The new satellite was meant to augment the existing 7 satellites of the NavIC constellation. The Indian Regional
Navigation Satellite System (IRNSS) is an independent regional navigation satellite system developed by India on
par with US-based GPS.
The IRNSS-1H satellite was to have been slung into orbit at around 507 km above the earth.
Prime Minister Narendra Modi had named ‘NavIC’ (Navigation with Indian Constellation) which offers services
like terrestrial and marine navigation, disaster management, vehicle tracking and fleet management, navigation aide
for hikers and travellers, visual and voice navigation for drivers.
Launched on board PSLV-C39, IRNSS-1H is a back-up navigation satellite for IRNSS-1A, one of the seven
satellites in the constellation, as its three rubidium atomic clocks on board had stopped functioning.
The launch happened from the Second Launch Pad of the Satish Dhawan Space Centre at Sriharikota in Andhra
Pradesh.
The 44.4 metre tall PSLV-C39 in its 41st flight was carrying the 1,425 kg satellite built and tested by ISRO along
with a consortium of six small and medium industries.
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