International News
‘State of Environmental Emergency’- by Mauritius
- The island nation Mauritius has declared ‘State of Environmental Emergency’.
- It is declared by the island nation because Japanese bulk carrier “MV Wakashio” ran aground on a Mauritius’s reef and has begun leaking of oil into the ocean.
National News
Delhi Electric Vehicle Policy
- Government of Delhi has launched ‘Delhi Electric Vehicle Policy’.
- This is the progressive policy which will boost the economy. Reduce pollution and will create employment opportunities.
Maharashtra partners with Google
- Government of Maharashtra has partnered with Google to start virtual educational classes to the students.
- 1.09 lakh government, private, aided and unaided school will be given online virtual education by google.
Virtual Office Network to Spearhead Tribal Socio-Economic Development
- The entity of Ministry of Tribal Affairs, TRIFED (Tribal Cooperative Marketing Development Federation of India) has launched Virtual Office Network to Spearhead Tribal Socio-Economic Development.
- The virtual office network was launched on the occasion of 33rd Foundation Day of TRIFED.
Submarine Cable Connectivity to Andaman & Nicobar Islands (CANI)
- Submarine Cable Connectivity to Andaman & Nicobar Islands (CANI) has been launched via video conference by Prime Minister Narendra Modi.
- This submarine Optical Fibre Cable (OFC) will provide connectivity for Chennai, Tamil Nadu and Port Blair, Andaman and Nicobar Island.
Andhra Pradesh Industrial Development Policy 2020-23
- The government of Andhra Pradesh has launched it's Industrial Development Policy 2020-23 in order to have industrial and corporate sector development in the state.
- The new industrial policy will be led to regional growth and global investment in the state.
‘Surakhsya’ a National Portal on Human-Elephant Conflict
- Union Minister of Environment, Forest and Climate Change has launched a national portal on Human-Elephant conflict. The name of the portal is ‘Surakhsya’.
- The portal is launched with an aim to collect real-time data and to manage the conflicts on a real-time basis.
‘Sputnik V’-- World’s 1st Coronavirus Vaccine
- Russia has developed and named its first coronavirus vaccine as ‘Sputnik V’.
- The name ‘Sputnik V’ is given in reference and respect to the world’s first satellite.
‘nth Rewards’—Launched by NPCI
- National Payment Corporation of India (NPCI) has developed and launched a business intelligence and analytics-based omnichannel, multi-branded loyalty platform named as ‘nth Rewards’.
- The platform is launched to grow customer base and become the one-stop-shop for banks.
‘Transparent Taxation-Honoring the Honest’ Platform
- Prime Minister Narendra Modi has launched a platform called ‘Transparent Taxation-Honoring the Honest’.
- The platform is launched to carry forward the direct tax reforms and to honour the honest taxpayers.
India provides Financial Support to Antigua and Barbuda
- India has offered a financial helping hand to the government of Antigua and Barbuda.
- The financial assistance of USD 1 million is offered by India.
Banking
RBI sets up Committee to Suggest Financial Parameters to Tackle COVID-19
- The Reserve Bank of India has set up a committee which will work to tackle the financial parameters which have arisen due to COVID-19 related stressed assets.
- The committee is headed by K V Kamath. The committee will be submitting its solutions and recommendations to RBI in 30 days.
RBI to implement System Based Asset Clarification in Urban Co-operative Banks
- Reserve Bank of India has taken the decision to implement system-based asset clarification in urban co-operative banks (UCBs).
- The decision is taken to improve efficiency, transparency and integrity on the clarification process of assets in UCBs.
Federal Bank Credit Card
- Federal Bank has partnered with Fiserv Inc. to launch its ‘Federal Bank Credit Card’, which is their first independent credit card.
- For this credit card, Federal Bank will make use of FirstVision technology of Fiserv Inc.
Appointments
| Name of the Person | Designation |
| P S Ranipse | Inspector General (IG) in Central Reserve Police Force (CRPF) |
| Pradeep Kumar Joshi | Chairman of UPSC (Union Public Service Commission) |
| Hardayal Prasad | MD and CEO of PNB Housing Finance Limited |
| G K Pillai | Head the committee to determine the ceiling rates under remissions of duties and taxes on exported products (RoDTEP) scheme |
| Mahinda Rajapaksa | Prime Minister of Sri Lanka |
| Walter Roger Martos Ruiz | Prime Minister of Peru |
| Alexander Lukashenko | Presidential Election for Belarus |
| Harsh Kumar Bhanwala | Executive Chairman of Capital India Finance Limited |
| IRS Patanjali | Principal Chief Commissioner of Income Tax, Mumbai |
| Mohamed Ould Bilal | Prime Minister of Mauritania |
| Vice Admiral Dinesh K Tripathi | Director General Naval Operations (DGNO) |
| SS Mundra | Non-Executive Chairman of Indiabulls Housing Finance (IBH) |
| Soma Mondal | Chairman of SAIL (Steel Authority of India Limited) |
| Suhail Sameer | Group President of BharatPe |
Awards and Honours
| Award | Awardee |
| Asian College of Journalism’s (ACJ) Award 2019 | Nitin Sethi and Shiv Sahay Singh |
Important Days
| Date | Day | Theme |
| 8th August 2020 | 78th Anniversary of Quit India Movement or August Kranti Din | -- |
| 9th August 2020 | International Day of World’s Indigenous People | Theme: ‘COVID-19 and Indigenous People Resilience’ |
| 10th August 2020 | World Biofuel Day | Theme: ‘Biofuels towards Atmanirbhar Bharat’ |
| 12th August 2020 | International Youth Day | Theme: Youth Engagement for Global Action |
| 12th August 2020 | World Elephant Day | -- |
| 13th August 2020 | World Organ Donation Day | -- |
| 13th August 2020 | International Left-Handers Day | -- |
MoU’s Signed
NHAI signs MoU with IIT Delhi
- The National Highway Authority of India has signed an MoU with IIT Delhi to make use of Artificial Intelligence in data-driven decision making and to develop ADMS (Advanced Data Management System for Highways) Highways in the country.
BSE signs MoU with Akola based Bullion Trade Association
- Bombay Stock Exchange (BSE) has signed MoU with two Akola, Maharashtra based Bullion Trade Association namely, Akola Sarafa Association and Akola Sarafa Va Suvarnakar Yuva Sang.
- The MoU is signed to deepen the commodity derivative market in India.
PFC Ltd to construct Modular Operation Theatre Rooms
- The Power Finance Corporation Ltd has entered with an MoU with District Siddharthnagar, Uttar Pradesh to construct two Modular Operation Theatre Rooms.
- Under this MoU, PFC will provide financial support of Rs 94,00,000.
Government Schemes
‘Krishi Megh’—Launched by Union Minister Narendra Singh Tomar
- The Union Minister of Agriculture and Family Welfare Narendra Singh Tomar launched the National Agriculture Research and Education System- Cloud Infrastructure and Services, named as ‘Krishi Megh’.
- This agriculture research and its educational system Krishi Megh is designed with the features of digital agriculture of New India.
Mukhya Mantri Kisan Sahay Yojana--Gujarat
- The government of Gujarat has launched Mukhya Mantri Kisan Sahay Yojana.
- Mukhya Mantri Kisan Sahay Yojana will replace current insurance scheme (Pradhan Mantri Fasal Bima Yojana) for this current year only.
‘Orunodol Scheme’—Launched by Assam
- The scheme will be available to the beneficiaries from 17th August 2020.
- Under this scheme, financial support of Rs 830 per months will be credited to the bank account of a female person of the family.
Science and Technology
‘Paytm All-in-One Portable Android Smart POS’
- India’s first Pocket Android POS device named as ‘Paytm All-in-One Portable Android Smart POS’ is launched by Paytm.
- The ‘Paytm All-in-One Portable Android Smart POS’ will offer a digital platform to many SME’s in the country.
Summits and Conferences
Conclave on Transformational Reforms in Higher Education under NEP
- Prime Minister Narendra Modi addressed the inaugural ceremony of Conclave on Transformational Reforms in Higher Education under NEP (National Education Policy).
- PM Modi stated that upon successful implementation of NEP 2020 will create major positive reforms in the education sector.
India Canada IC-IMPACTS Annual Research Conference
- The India Canada Annual Research Conference was hosted by IC-IMPACTS (India Canada Centre-Innovative Multidisciplinary Partnership to Accelerate Community Transformation and Sustainability).
- The members in the conference discussed to make use of Artificial Intelligence in vast applications.
‘India@75 Summit-Mission 2022’
- Confederation of Indian Industry (CII) has organized ‘India@75 Summit-Mission 2022’.
- Union Minister of MSME and Road Transport and Highway, Nitin Gadkari addressed the India@75 Summit-Mission 2022’.
