NATIONAL UPDATES:
1.
Sachin Tendulkar adopts village in Osmanabad
under SAGY: Former Cricketer and RajyaSabha MP Sachin Tendulkar has selected
Donja village in Osmanabad district of Maharashtra for development under
the SansadAdarsh Gram Yojna (SAGY).
2.
IIT Kanpur adopts villages under NamamiGange: IIT-Kanpur has adopted 5 villages under the NamamiGange programme and
will use its expertise to restrict the flow of sewage into the river. The task
will be undertaken by the institute's civil engineering department.
3.
Indian companies among top 200
carbon clean firms: Seven Indian
companies have made it to a carbon-clean list of 200 largest companies
worldwide ranked by their total clean-energy revenues. The list is topped by
Japan's Toyota Motor. Indian companies are Suzlon Energy at 68 rank for its
wind farms, Bharat Heavy Electricals Ltd at 106 for its wind electric
generators and solar cells, Tata Chemicals at 114 for chemicals for
biodiesel, solar energy, and fuel cells, Thermax Ltd is at 139, Exide Indus at
153 for electric storage batteries, IDFC Ltd is at 155 for its green
infrastructure financing, Havells India at 166 for energy meters.
4.
NMCG and IOC sign MoU for industrial use of
treated water: National Mission for Clean Ganga (NMCG) and Indian Oil Corporation Ltd
(IOC) sign MoU for industrial use of treated water. This MoU helps in the
establishment of STP in Mathura which will provide treated water for industrial
use.
5.
E-auction
portal for power transmission: Union Power Minister Piyush Goyal launched the process of tariff-based
reverse auction in the transmission sector and also inaugurated a portal for
electronic bidding for transmission projects. Union Minister has launched
“Tarang” mobile App, “e-Trans” and “DEEP” (Discovery of Efficient Electricity
Price) e-bidding web portals developed by Rural Electrification Corp which
reverse auction is being introduced in transmission sector on the lines of coal
sector in order to facilitate better price discovery in such projects.
6. India
Post Payment Bank incorporated, to start ops in 2017:India Post Payments Bank has come into existence after it received
certificate of incorporation from the Registrar of Companies, setting the stage
for the new bank to begin operations in 2017.
7. India
inks deal to ferry oil through Bangladesh: India has signed a short-term route agreement
with Bangladesh to allow transport of petroleum goods from Assam to Tripura
through Bangladesh after heavy monsoon damaged roads and made the
transportation between the two states difficult.
INTERNATIONAL
UPDATES:
1. Alibaba Group launches ‘million books’ donation drive: Online and mobile commerce major The Alibaba
Group, along with Crossword and RatnaNidhi Charitable Trust has launched
‘Mission Million Books’, a pan-India initiative inviting Indian citizens to
donate textbooks and educational material for the underprivileged.
OTHER
UPDATES:
FINANCE/BANKING:
1. SBI approves merger with associates: The board of country's largest lender, State Bank of India (SBI) has
approved share swap ratio to merge 5 associate banks and BharatiyaMahila Bank
(BMB) with itself. In the swap ratio an acquiring company will offer its own
shares in exchange for the target company's shares during a merger or
acquisition.
2.
Doha Bank opens first branch in Kerala: Doha Bank QSC, one of the prominent banks in
Qatar, is formally inaugurating its first branch in Kerala on August 27.
3.
Federal Bank to use Chillr app: Federal Bank has partnered with Chillr, a mobile banking
application that connects directly to a person’s bank account and enables
instant money transfers, bill payments, phone recharge and e-commerce payments
in a very secure environment.
AWARDS:
4.
Hindi author Sunita Jain conferred VyasSamman Award: Hindi scholar and writer Sunita Jain was awarded the prestigious 25th
VyasSamman 2015 for her poetry collection "Kshama". West Bengal
Governor K N Tripathi conferred the award on the scholar.
OBITUARIES:
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