International Affairs
Narendra Modi joins with Afghan President to inaugurate the Stor Palace through Video Call
Prime Minister Narendra Modi spoke to Afghanistan President Ashraf Ghani via video conferencing from New Delhi to inaugurate the renovated Stor Palace in Kabul.
India and Afghanistan inaugurated the $300 million Friendship Dam in Herat. India also gifted Kabul a symbolic gift of democracy, its new parliament building in December last year.
It is noted that India has poured more than $1 billion into Afghanistan reconstruction projects and humanitarian aid, making it one of the largest donors to the war-torn country.
India had handed over to Afghanistan a new parliament building, the Salma dam and the restored Stor Palace.
Indian Affairs
Maharashtra government has enacted a stringent law — Maharashtra Protection of Internal Security Act — to deal with the challenges of terrorism, insurgency, communalism and caste violence.
MPISA -Maharashtra Protection of Internal Security Act, A new internal security Act, envisaged by the state’s police department, is expected to put this in black and white, thereby bridging the gap and plugging loopholes in the existing security arrangements. It is noted that Maharashtra is the first state in the country to have its own internal security Act.
The draft covers various aspects including security of government and non-government establishments, coastal security, security audits, and target hardening.
The department has already presented the 50-page draft before the state government. Also, the Home department is keen on successful implementation of this Act and has listed it under its ‘key result area‘.
Chhattisgarh & Gujarat Assembly Ratifies GST Bill
The Chhattisgarh and Gujarat state Assembly passed the Goods and Service Tax (GST) Constitution Amendment Bill, becoming the fifth and sixth state to pass the bill respectively. These states ratify GST bill after Himachal Pradesh.
Chhattisgarh and Gujarat governments ratified the Constitution One Hundred and Twenty-Second Amendment Bill (GST) after Assam, Bihar, Jharkhand and Himachal Pradesh.
The GST bill which was passed recently by the centre seen as single biggest tax reform in a long time, needs to be ratified by at least 15 state legislatures before the President can report the GST council which meant to adopt the new tax rate.
Chhattisgarh
♦ Capital: Raipur
Chhattisgarh
♦ Capital: Raipur
♦ Governor: Balramji Das Tandon
♦ Chief Minister: Raman Singh
Union Ministry of Civil Aviation, Government of Maharashtra and Airports Authority of India sign MOU on Regional Connectivity Scheme
The Maharashtra State government, Civil Aviation Ministry and Airports Authority of India signed a tri-partite Memorandum of Understanding (MOU) on 23-August-2016 at Mumbai.
The MOU pave the way for collaborative process of these agencies together for successful launch of the Regional Connectivity Scheme.
It was signed by Chairman, Airports Authority of India, Principal Secretary Civil Aviation (Maharashtra) and Joint Secretary (Ministry of Civil Aviation).
The Civil Aviation Minister. Ashok Gajapathi Raju and the Chief Minister of Maharashtra Sh. Devendra Fadnavis had long discussions for early operationalization of several available airports and airstrips in the State (like Shirdi, Kolhapur, Nasik, Sholapur etc).
Air Force to build new Aerospace Museum in Delhi
The Indian Air Force is set to build new Aerospace Museum in New Delhi, focusing to showcase and to create awareness in general public about India’s rich Aerospace heritage.
The 43 acres Museum will come up close to the international airport in the capital which will have extensive indoor and outdoor displays including huge aircraft parked and hanging in flying attitude with mural depicting the golden era of the Indian Air Force.
The proposed for new Air Force Aerospace Museum will be constructed within 3-5 years, the Defence Ministry and final financial sanction on the Detailed Project Report is awaited.
The museum would have dedicated children’s area where cockpits of the aircraft meant to see and get the feel of flying controls.
MoS (Home) Shri Kiren Rijiju inaugurates the BRICS meeting on Disaster Risk Reduction in Udaipur
Union minister of state for home, Kiren Rijiju addressed that BRICS countries were striving to set up a joint task force on disaster management as a permanent forum for regular dialogue, mutual support among the member nations.
All the five BRICS countries are parties to the adoption of the Sendai Framework for DRR in March, 2015 and the Sustainable Development Goals (SDGs) in September 2015. A number of SDGs have specific targets related to Disaster Risk Management (DRM).
Key government functionaries working in the area of Disaster Management, including senior officials and technical experts from member countries, are participating in the event. The meeting will focus on two distinct but inter-related themes of Flood Risk Management and Forecasting of Extreme Weather Events in the context of Changing Climate.
Awards & Honors
Two Indian–American women – Astrophysicist Anjali Tripathi from California and physician Tina R Shah from Chicago have been selected for the prestigious White House Fellow programme.
This program offers first hand experience of working at the highest levels of the US federal government and they are among the 16 White House Fellows appointed from across the nation for the year 2016-17.
Tripathi, an astrophysicist recently at Harvard University, focuses on the formation and evolution of planets. She has pioneered the characterization of planet forming environments and developed the first 3D simulations of planets evaporating due to extreme atmospheric heating.
Shah is a Pulmonary and Critical Care physician-scientist focused on transforming healthcare delivery for patients with chronic diseases. She recently completed her clinical fellowship at the University of Chicago (UC), where she redesigned the care cycle for patients with Chronic Obstructive Pulmonary Disease (COPD), dramatically reducing hospital readmissions.
Renowned Scientist P D Gupta appointed as new NV of Homi Bhabha National Institute
Eminent scientist P D Gupta was appointed as Vice Chancellor of Mumbai-based Homi Bhabha National Institute (HBNI).He has been appointed to the post for five years by Department of Personnel and Training.
The Homi Bhabha National Institute is an Indian deemed university, which unifies several constituent institutions.
Homi Bhabha National Institute, Mumbai is one of the institutions of excellence as per section 4(b) of (Reservation in Admission) Act, 2006 and it has been placed by the Ministry of Human Resource Development (MHRD) task force in Category ‘A’.
HBNI and its Constituent Institutions (CIs) are among the very few institutions of excellence chosen by the Parliament of India to be kept out of the purview of reservations in the Central Educational Institutions (Reservation in Admission) Bill, 2006, which increases the reserved seats to 49.5 per cent in prestigious educational institutes like Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs), Indian Institute of Science (IISc).
The institute is dedicated to encourage pursuit of excellence in sciences (including engineering sciences) and mathematics in a manner that has major significance for the progress of indigenous nuclear technological capability.
Anand Krishnamurthy, MD and chief executive of Catholic Syrian Bank has resigned
Anand Krishnamurthy, managing director and chief executive of Catholic Syrian Bank, has resigned within a year after taking over the posts.
Before taking over in July 2015, Krishnamurthy had been associated with the bank for the past one year and was previously responsible for corporate banking, SME business, and integrated treasury operations as head of wholesale banking and treasury.
The Catholic Syrian Bank Limited (CSB) is an Indian private sector bank with its headquarters at Thrissur, Kerala, India. It is one of the oldest banks in India. The bank has a network of over 430 branches and more than 240 ATMs across India.
Sports
The 31st Rio Olympics held with 306 events in Rio de Janeiro, Brazil from August 5th to August 21st 2016. These were the first Summer Olympic Games under the IOC presidency of Thomas.
Rio Medal Tally-2016
Rio Medal Tally-2016
Country
|
G
|
S
|
B
|
Total
|
United States(1)
|
46
|
37
|
38
|
121
|
Great Britain(2)
|
27
|
23
|
17
|
67
|
China (3)
|
26
|
18
|
26
|
70
|
Russia (4)
|
19
|
18
|
19
|
56
|
Germany (5)
|
17
|
10
|
15
|
42
|
India (67)
|
0
|
1
|
1
|
2
|
Business & Economy
The W20: The 20 Wealthiest Countries in the World – report by Johannesburg-based The New World Wealth, India is ranked 7th among the wealthiest countries in the world in terms of private wealth held by individuals.
The New World Wealth is a research consultancy that tracks the global wealth sector. The value of total individual wealth in India – which includes property, cash, equities and business interests – is pegged at $3,492 billion in 2015.
The Top 5 Counties are
Rank
|
Country
|
Wealth in Billion
|
1
|
US
|
48, 900
|
2
|
China
|
17, 400
|
3
|
Japan
|
15, 100
|
4
|
UK
|
9, 200
|
5
|
Germany
|
9, 100
|
JNPT signs pact with SBI, DBS for $400 million loan
India’s premier container port, Jawaharlal Nehru Port Trust has signed a pact with State Bank of India and Singapore’s DBS for a loan of Rs 2,600 crore), to double its annual capacity.
Jawaharlal Nehru Port (JNPT) in Navi Mumbai, has signed an agreement with State Bank of India (SBI) and DBS for ECB to the tune of USD 400 million at a very competitive interest rate to improve the infrastructure required for doubling its existing capacity to 9.85 million TEUs annually.
The funding by JNPT is the first of its kind for major port and it opens up a one more avenue to major and government ports to raise funds by accessing international markets for their requirements.
Airtel and Vodafone unveils e-KYC solution to use Aadhar number for SIM activation
Bharti Airtel and Vodafone has started rolling out Aadhaar based e-KYC solution following the notification by the Department of Telecom, Government of India.
Telecom operator Vodafone will roll out e-KYC facility across 4,500 stores in India that will quickly activate SIMs of its customers with an Aadhaar number.
While Airtel has rolled out the service at its stores in Delhi-NCR, Vodafone is launching the facility across India from August 24.
While Airtel has rolled out the service at its stores in Delhi-NCR, Vodafone is launching the facility across India from August 24.
It is noted that Airtel had 25.4 crore subscribers while Vodafone had a base of 19.8 crore users as on May 2016.
Deaths
Singapore’s Indian-origin former President Sellapan Ramanathan passes away
Singapore’s Indian-origin president Sellapan Ramanathan at a hospital after suffering a stroke passed away on 22 August 2016. He was 92 Year old.
Nathan served as President of the nation from 1999 to 2011, He was close ally of Singapore’s Political king Lee Kuan Yew.
He was the country’s sixth and longest-serving president who served two terms, also the only person who has served two terms as President
Malayalam daily “Mathrubhumi” former Editor K K Sreedharan Nair passed away
Veteran journalist and former editor of Malayalam daily “Mathrubhumi” K K Sreedharan Nair died at a private hospital in Kochi following a brief illness.
He started his carrer in Journalism as a sub-editor in Mathrubhumi in 1953, Nair had an illustrious career in various capacities including Chief Sub-Editor,NewsEditor and Deputy Editor.
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