NATIONAL UPDATES:
I.
National highways to
grow by 50,000 km in 6 months: The road
transport and highways ministry will add nearly 50,000 km of roads to the
National Highways network in the country in the next six months.
II.
Rakesh Sharma appointed
as MD and CEO of Canara Bank: Prior to his
appointment as MD and CEO of the Bengaluru headquartered Canara bank, he was
holding the same position at Laxmi Vilas Bank.
III.
Union Government
approved the purchase of 10 Heron TP drones from Israel: The
Drones will be operated by the Indian Air Force. This 400 million US dollars
proposal for buying missile-armed drones from Israel will enhance India’s cross
border military strike capability.
IV.
Professor KumkumDhar
appointed as Vice Chancellor of Bhatkhande Music Institute.
V.
CarDekho acquired Auto
portal Zigwheels: Jaipur based CarDekho
acquired Zigwheels, an auto portal owned by Times Internet.
INTERNATIONAL
UPDATES:
I.
Radical Leftist Jeremy
Corbyn becomes head of Britain’s Labour Party:
He won with nearly 59.5% of first preference votes beating rivals Andy Burnham
and Y. Cooper.
II.
J K Tyre, Singapore arm
to buy 100% stake in Cavendish Industries: J
K Tyre & Industries and J K Asia Pacific Singapore Pte Ltd, a wholly owned
subsidiary of J K Tyre has signed a binding term sheet with Kesoram Industries
Ltd (KIL) to acquire 100% equity in Cavendish Industries Ltd at a value of Rs
2,200 crore.
III.
Singapore’s ruling
party wins elections, returns to power: Singapore’s
PM lauded the city-state’s youth vote
for helping return his party to power in a massive victory for the 12th
time since independence a half century ago. The People’s Action Party (PAP) got
83 of the 89 seats. PM L H Loong won from the Ang Mo Kio constituency.
IV.
Russian record-breaker
Astronaut Padalka returns to Earth: Russian
astronaut Gennady Padalka has returned to earth with the record for having
spent the most time in space. He has spent a total of 879 days in space over
five trips.
V.
Google launches new
mobile wallet Android Pay in US: Android Pay
allows the users to make contactless payments using their smartphone at
participating retailers.
OTHER UPDATES:
FINANCE/BANKING:
I.
Current Account Deficit
narrows to 1.2% of GDP in April-June: A
decline in merchandise imports helped the country narrow its current account
deficit to 1.2 % of GDP in the 1st quarter of the current financial
year compared with 1.6 % inthe year ago period.
II.
Rs 500 notes most in
demand, Rs 1000 notes at second place: Rs
500 bills top the demand charts in India, followed by thousand-rupee notes at
second place, an Assocham study said today.
SPORTS:
III.
Leander
Paes and Martina Hingis won US Open Mixed Doubles Title 2015: The 4th seeded Indo-Swiss pair
defeated Americans B Mattek-Sands and Sam Querrey in the finals.
IV.
Indian
Golfer Aditi Ashok claims Singha Thailand Amateur title.
BOOKS AND AUTHORS:
V.
Book titled ‘Novelist
by Profession’ authored by Japaneese authorHaruki Murakami was released.
VI.
Vice President Hamid
Ansari releases book by Jamia Faculty: He
has released the book titled ‘Feminist and Orientalist Perspectives- A study of
Lady Mary Montagu’s Turkish Embassy Letters’ authored by Dr.FarhaHibaParvez.
OBITUARIES:
VIII. Veteran Congress leader G K Chatrath died.
IX.
Actor John P. Connell dies aged 91.
X.
Dennis Greene, a founding member of the
rock and roll group Sha Na Na and former Columbia Pictures executive died at
the age of 66.