NATIONAL
UPDATES:
1.Government appoints 2
members to CBDT : The government appointed two members, Aditya
Vikram, IRS (IT) 1981 batch & Pramod Chandra Mody, IRS (IT) 1982 batch, as
members in the Central Board of Direct Taxes (CBDT).Their names were
cleared by the Appointments Committee of the Cabinet (ACC) headed by Prime
Minister Narendra Modi.CBDT is the apex policy-making body for income tax.
2. MoA
signed for funding Irrigation Projects : A revised Memorandum of
Agreement (MoA) has been signed amongst Government of India, NABARD and
National Water Development Agency.The MoA was signed to fund the central
share of 99 prioritized irrigation projects under Pradhan Mantri Krishi
Sinchayee Yojana (PMKSY).Under PMKSY, 99 ongoing irrigation projects were
identified for completion in mission mode by December 2019.
3.Thermal
battery plant unveiled in Andhra : India became home to the world’s
first-ever thermal battery plant, that was inaugurated in Andhra Pradesh on 6
August 2018.The thermal battery facility is owned by Bharat Energy Storage
Technology Private Limited.Thermal batteries use thermal energy to
operate, i.e., the energy created by temperature differences.
4. Govt extends e-visa facility to
165 countries : Seeking to promote tourism, the government has extended
e-visa facility for citizens of 165 countries at 25 airports and five seaports.The
government has launched the ‘Incredible India 2.0’ campaign, marking a shift
from generic promotions to market-specific promotional plans.
A 24X7 toll free multi-lingual
tourist helpline has also been put in place as part of the efforts.
5. 3-judge
SC Bench to hear Article 35A issue : Chief Justice of India Dipak
Misra orally observed that the Supreme Court will consider whether Article 35A
is violative of the basic structure of the Constitution.Article 35A gives
special status to the State and people of Jammu and Kashmir.The basic structure
is a collective term coined by a 13-judge Bench in the historic Keshavananda
Bharati case.
6. Kannada writer Sumatheendra Nadig
no more : Well-known Kannada poet and critic Sumatheendra R. Nadig
passed away in Bengaluru on 7th August 2018.He was an important name in the
modernist literary movement in Karnataka in the 60s and 70s.He also headed the
National Book Trust.His important works include ‘Daampatya Geeta’ and
‘Panchabhoota’, collection of verses, besides critical works on Da.Ra. Bendre
and Gopalakrishna Adiga.
7. NGT forms panel to monitor Ganga
cleaning : The National Green Tribunal (NGT) constituted a
committee for monitoring the rejuvenation project of Ganga from Haridwar to
Unnao in Uttar Pradesh.The committee will be headed by a former Allahabad High
Court judge.NGT has asked Chief Justice of Allahabad High Court to
nominate a former judge who will head the committee.
INTERNATIONAL
UPDATES:
1.U.S. sanctions against
Iran back in effect : The first set of U.S. sanctions against Iran that
had been eased under the landmark nuclear accord have gone back into effect.An
executive order by President Donald Trump reimposed the sanctions on financial
transactions that involve U.S. dollars.U.S sanctions targeting Iran’s oil
sector and central bank are to be reimposed in early November 2018.
2. Lithium-rich giant star
discovered : Chinese scientists have discovered the most lithium-rich
giant star ever known.The star has a mass almost 1.5 times our sun.The star is in the direction of
Ophiuchus, north side of the Galactic disk, with a distance of 4,500 light
years to Earth.The findings were realised with the help of The Large Sky Area
Multi-Object Fiber Spectroscopic Telescope (LAMOST) located in northern China.
OTHER
UPDATES:
BUSINESS/ECONOMY:
1.Indra Nooyi will step down as CEO : Indra Krishnamurthy Nooyi will step down as the CEO of PepsiCo after 12
years in the position.Under her, PepsiCo began focussing on products that
include fruits, vegetables,whole grains, nuts, and gave an emphasis on less
sugar and fat.Ramon Laguarta will succeed Ms. Nooyi as CEO.Ms. Nooyi will step
down as CEO on October 3, but will remain Chairman until early 2019.
DEFENCE:
1. Indo – Thailand Joint Exercise Maitree 2018 : Exercise Maitree is a joint military exercise
between Indian Army and Royal Thai Army which started on 6 August and will
end on 19 August 2018 in Thailand.It is a platoon level exercise which
comprises of infantry component.The exercise will emphasize to hone the
tactical and technical skills in joint counter insurgency and counter terrorist
operations in rural and urban scenario.
SCIENCE AND TECHNOLOGY:
1. P is for Pie: Android’s latest version : Google launched the latest version of it’s Android
operating system — Android Pie.Android Pie mostly focuses on behind-the-scenes
improvements designed to make Android phones work faster while saving precious
battery life.An over-the-air update to Android 9 will begin rolling out to
Google’s Pixel phones.
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