National
News
1. President Kovind
Inaugurates International Buddhist Conclave in New Delhi
i. President Ram Nath
Kovind inaugurated
the International Buddhist Conclave in New Delhi. The theme of the
conclave is 'Buddha Path – The Living Heritage'.
ii. The Ministerial level
delegation from ASEAN countries will participate in the conclave along with
delegates from 29 countries including US, UK, Germany, France and Russia. This
year Japan is the partnering country for the Buddhist conclave.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Ram
Nath Kovind is the 14th President of India.
·
Dr. Rajendra
Prasad was the first President of Independent India.
2. PM Inaugurates Various Projects In Junagadh, Gujarat
i. The
Prime Minister, Narendra Modi inaugurated
various projects in Junagadh district of Gujarat. These
included the Government Civil Hospital, a milk processing plant and some
buildings of the Junagadh Agriculture University.
ii. There were nine
initiatives, worth over Rs 500 crore, which were either being
dedicated, or their foundation stones were being laid.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Gujarat
CM- Vijay
Rupani, Governor- Om Prakash Kohli.
International
News
3. Iran Unveils 1st
Domestic Fighter Jet 'Kowsar'
i. Iran unveiled its first domestic fighter jet named 'KOWSAR' with President Hassan Rouhani.
ii. The new "Kowsar" is a fourth-generation fighter shown at the National Defence Industry exhibition in Tehran. It was "100-percent indigenously made" for the first time.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
Iran
Capital: Tehran, Currency: Iranian
rial, President: Hassan Rouhani.
4. 4th BIMSTEC Summit
To Be Held in Kathmandu
i. The fourth Summit of Heads
of State/Government of Bay of Bengal Initiative for Multi-Sectoral
Technical and Economic Cooperation (BIMSTEC) will be held at Kathmandu
in Nepal on August 30 and 31.
ii. Prime Minister Narendra
Modi will participate in the summit. During the two-day Summit, leaders of
member states will review progress achieved so far in the areas of cooperation
and provide guidance to the future work of the BIMSTEC.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
BIMSTEC
is a regional economic bloc comprising seven member states lying in the
littoral and adjacent areas of the Bay of Bengal constituting a contiguous
regional unity.
·
The
group was formed in 1997 and it brings together Bangladesh, Bhutan, India,
Nepal, Sri Lanka Myanmar and Thailand.
·
Nepal
is the current chair of BIMSTEC.
Ranks and Reports
5. Forbes’ List Of
World’s Highest-Paid Actors 2018: George Clooney Tops, Akshay Kumar Ranks 7th
i. Akshay Kumar and Salman
Khan have
made it to the Forbes’ list of World’s Highest-Paid Actors 2018, which
was topped by George Clooney. Akshay and Salman made it to spot seven and nine,
respectively.
ii. The world’s 10 highest-paid
actors tallied a combined $748.5 million between June 1, 2017, and June 1,
2018, before fees and taxes. The list this year was topped by George Clooney.
iii. Top 3 on Forbes’ list
of the world’s best-paid male actors 2018:
1. George Clooney: $239m
2. Dwayne Johnson: $124m
3. Robert Downey Jr:
$81m.
6. Kempegowda International 2nd Fastest Growing Airport In The World
i. The Kempegowda
International Airport (KIA) has emerged as the second fastest growing airport in the
world in the first half of 2018 in terms of actual growth in the
number of passengers. It has recorded 1,58,50,352 flyers during the six-month
period.
ii.
Only Tokyo's Haneda International has bettered KIA's growth. The report was published by
RoutesOnline, a company focussing on the quality and standards of aviation
globally. New Delhi's Indira Gandhi International Airport is placed
sixth.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
The Chairman of Airports Authority of India is Guruprasad
Mohapatra.
Business News
7. RIL 1st Indian
Company To Cross Rs 8 Trillion Market Capital
i. The Mukesh Ambani-led
Reliance Industries Ltd (RIL) became the first Indian company to cross Rs 8
trillion market capitalization after its shares surged nearly 37% in
2018.
ii. RIL share prices rose
1.31% to hit a record high of Ra1,262.50, pegging its market cap at Rs8.01 trillion
after data from the Telecom Regulatory Authority of India (TRAI) showed
Reliance Jio continued to add subscribers at a healthy pace.
8. HAL Becomes 1st PSU To Transact On TReDS: RXIL
i. The
Receivables Exchange of India (RXIL) announced that Hindustan Aeronautics (HAL) has
become the first public sector enterprise to make a transaction on the
"TReDS platform".
ii. According to the NSE-SIDBI joint venture, TReDS is an online electronic institutional mechanism for facilitating the financing of trade receivables of micro, small and medium enterprises (MSME) through multiple financiers.
ii. According to the NSE-SIDBI joint venture, TReDS is an online electronic institutional mechanism for facilitating the financing of trade receivables of micro, small and medium enterprises (MSME) through multiple financiers.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
RXIL
is a TReDS platform operating since January 2017 and is promoted by the
National Stock Exchange, Small Industries Development Bank of India, State Bank
of India, ICICI Bank and Yes Bank.
Appointments
9. Arun Jaitley
Resumes Charge As Finance and Corporate Affairs Minister
i. Union Minister Arun
Jaitley is
back as the Finance Minister after a three-month interval to recuperate from a
kidney transplant surgery.
ii. In Mr Jaitley's absence,
Railway Minister Piyush Goyal was holding the additional charge of the Finance
and Corporate Affairs portfolio.
Awards
10. David Beckham To
Receive 2018 UEFA President's Award
i. Former England captain
David Beckham will
receive the UEFA President's Award for his contribution to football
and promoting the sport in "every corner of the
planet".
ii. David Beckham will become
the third Englishman to receive the UEFA President's Award. Sir Bobby Robson
(2002) and Sir Bobby Charlton (2008) are the previous English winners.
Static/Current Takeaways
Important for Indian Bank PO Exam 2018-
·
The
UEFA Champions League is an annual continental club football competition
organised by the Union of European Football Associations (UEFA).
Obituaries
11. Veteran Journalist Kuldip Nayar Passes Away
 |
| Kuldip Nayar |
i. Eminent Indian writer
and journalist Kuldip Nayar passed away in New Delhi following a brief illness. He was 95. Mr. Nayar
was originally born in Sialkot in 1923.
ii. His famous autobiography
was "Beyond The Lines". He was also the High Commissioner
of India to the U.K. and nominated member of the Rajya Sabha.
