Given that first week of august was consumed in the civil services prelims exam, there was no update of daily current affairs here. The whole set of notes from 1st to 7th August Current Affairs is listed below for revision.

National News Current Affairs Update (1 August  to 7 August 2016)

The important weekly current affairs update have been listed below along with the other relevant and significant information regarding them. This compilation is not a substitute to regular newspaper reading. Rather, this will help in revision of all relevant current event happenings of the week starting from 1 August to 7 August 2016.

  • BJP leader Vijay Rupani (60) took oath as Gujarat Chief Minister in Gandhinagar, after former CM Anandiben Patel resigned from the post citing age factor.
    • Note that : Nitin Patel was also sworn in as Deputy CM of Gujarat.
  • The Telangana government signed an MoU with the Indian Space Research Organisation (ISRO) for setting up a Telangana Water Resources Information System (TWRIS) on geo-portal Bhuvan (similar to Google Earth). This system will mark every field-level irrigation structure on the satellite visualisation tool including dams/barrages, canals and field channels.
  • 7th of August is celebrated as 2nd National Handloom Day.
    • The objective is to generate awareness about the importance of handloom industry and its contribution to the socioeconomic development of the country. 
    • Why 7 August was chosen? The date has special significance in India’s freedom struggle. On this day in 1905 the Swadeshi Movement was formally launched. The movement was for revival of domestic products and production processes.
  • Prime Minister Modi has launched the first phase of ‘Mission Bhagiratha in Telangana‘s Medak district to provide piped drinking water to every household in Telangana.
  • The Kerala Congress (M) has left the United Democratic Front (UDF) after being a part of it for more than three decades. It will now work as a separate independent opposition block in the Assembly.
  • Union Health Minister JP Nadda has launched a nationwide breastfeeding campaign called MAA (Mother’s Absolute Affection). The programme will help reduce the under-five mortality rate.
  • Minister of Law and IT, Ravi Shankar Prasad launched the MyGov app which marked two years of MyGovIndia, an online citizen engagement website of the Indian government. In the Townhall Meet thereafter, Prime Minister Narendra Modi launched the PMO mobile application, the government’s online citizen engagement platform. 
  • By pumping 100 cusecs of water from tubewells into a dug-up channel, the Haryana government has recreated the lost river ‘Saraswati’. The water was released from Uncha Chandna village in Yamunanagar which the officials believe will flow up to Kurukshetra, now deemed to be Saraswati’s route.
    • Note that : The Saraswati river supposedly dried up about 5,000 years ago.
  • Indian Railways has launched ‘Rail Geet‘,titled ‘Indian Railways, we love Indian Railways‘, a three-minute song with moving trains visuals, as an ode to its employees and to establish a connect with the public. It has been composed by Shravan and sung by Udit Narayan and Kavita Krishnamurti.
  • The Gujarat high court has quashed 10 percent reservation quota for the Economically Backward Classes (EBCs). In this regard, the Court has declared The Gujarat Unreserved Economically Weaker Sections (Reservation of Seats in Educational Institutions in the State and of Appointments and Posts in Services under the State) Ordinance, 2016 unconstitutional.
  • According to an Assocham study, Delhi has the highest percentage (42.5%) of people with diabetes among Indian cities, followed by Mumbai (38.5%), and Ahmedabad (36%).
    • Diabetes in men increased 25%, while it increased 42% in women.
    • If lifestyle changes are not made, over 125 million Indians are likely to suffer from diabetes by 2035.
  • The Enforcement Directorate today booked former Gujarat Chief Minister Shankarsinh Vaghela in a money laundering case. Vaghela, along with four others, was charged with causing a loss of ₹709 crore to the exchequer as the Union Textile Minister.
  • The government has sanctioned the deployment of the fourth regiment of the BrahMos supersonic missile along the Indo-China border. 
    • BrahMos, jointly developed by India and Russia, features a steep dive capability that is capable of hitting enemy targets hidden in mountain shadows.
  • Ministry of Communications (MoC) adopted e-governance tool Twitter Seva’ to address public grievances regarding telecommunication and postal services.
    • People can now tweet to the Minister of Communications, using #BSNLSeva, #MTNLSeva and #PostalSeva to reach the respective departments.
    • MoC has become the 4th ministry to adopt Twitter Seva.
  • Rajasthan has become the first state in the country to approve Sewage and Waste water policy.
    • A network of pipeline will be created to accumulate sewerage and waste water other than rainwater which will be treated and utilised for irrigation and other purposes. 
    • The sewage and waste water policy will be implemented for a period of 30 years in all the district headquarters and cities having population of over one lakh.
  • The Bihar Assembly has passed the Bihar Value Added Tax (Amendment) Bill, 2016, besides seven other legislations in taxation, education and other areas. The bill proposes a hike in VAT rate on various goods to 6% from the earlier 5%, in addition to an increase from 14.5% to 15% on goods not covered under the Bihar VAT Act, 2005.
  • The Rajya Sabha has passed the Benami Transactions (Prohibition) Amendment Bill 2016. It has already been passed by the Lok Sabha.
    • The legislation is aimed at seizing benami property and prosecuting those involved.
    • Benami properties are deals where the owner denies knowledge of ownership, or the person paying for the property is fictitious or untraceable.
  • Translator and artist Anita Gopalan was awarded the 2016 PEN/Heim Translation Fund Grants for her English translation of Hindi novel Simsim written by Geet Chaturvedi.
  • The West Bengal State Assembly approved a proposal to rename West Bengal as “Bengal” in English and “Bangla/Banga” in Bengali. The proposal is now forwarded to the Centre for approval.
  • The Parliament has passed Indian Medical Council (Amendment) Bill, 2016 to conduct uniform entrance examination for admission to all medical educational institutions. The bill seeks to replace the Indian Medical Council (Amendment) Ordinance, 2016 and its provisions will come in to force retrospectively from May 24, 2016.
  • The Lok Sabha passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016 to strengthen the debt recovery laws with an objective to improve the ease of doing business in India.
  • Indian Railways has announced the commencement of the world’s tallest girder rail bridge on the Jiribam-Tupul-Imphal railway line in Manipur.
    • The bridge with a height of 141 metres will surpass the existing tallest bridge in Europe which has a height of 139 metres.
  • At the National Tourism Awards for 2014-15, Madhya Pradesh has received the first prize in the ‘Best State/Union Territory for Comprehensive Development of Tourism’ category, followed by Gujarat and Karnataka respectively,
    • While Gujarat won the award for the ‘Best Film Promotion Friendly State‘, Warangal in Telangana won the award for ‘Best Heritage City‘.

International News Current Affairs Update – (1 to 7 August 2016)

By reading the following Weekly Current Affairs 2016, you can know the highlights of the week starting from 1 August to 7 August in brief. All the major world news updates have been covered here which occurred over this week. International Relations (IR) Current Affairs form an important part of General Awareness and GS. We hope the following effort to give the weekly summary of Current events 2016 will prove helpful to our readers.

  • ‘Father of the Green Revolution in India’ MS Swaminathan was placed in the ‘Time 20′ list of the most influential Asian people of the 20th century. He led the development of high-yielding varieties of wheat and rice to avert a famine in India.
    • The only other Indians in the list are Mahatma Gandhi and Rabindranath Tagore.
  • China has successfully launched the first satellite, Tiantong-01 for mobile telecommunication, on-board the Long March-3B carrier rocket from Xichang Satellite Launch Centre.
  • Orkut Büyükkökten, creator of Google’s social networking platform Orkut, has launched a new social network ‘Hello‘ to connect people who share the same passions across the world.
  • 71st anniversary of Hiroshima atomic bombing has been observed in 6th August.
    • More than 140,000 people were killed by the first of two uranium bombs, nicknamed Little Boy and Fat Man dropped on Japan at the end of the World War II.
  • The United States has declared Pakistan based Jamaat-ur-Ahrar (JuA) as a ‘terror group’ by adding it to its list of global terrorists.
  • The US Air Force declared the first squadron of 5th-generation F-35A fighter aircraft as ‘Combat Capable’. The aircraft, manufactured by Lockheed Martin, will be brought by 10 countries including Japan, Israel, and Britain.
    • The project was initiated in 2001 at cost $379 billion and is reportedly the most expensive weapons program in the world.
  • The US has blocked $300 million in military aid promised to Pakistan under the program to reimburse countries for supporting counter-terrorist operations.
    • This has come after US Defense Secretary Ash Carter declined to certify that Pakistan was taking adequate action against Haqqani network.
    • Note that: Pakistan is the largest recipient of such funds and has received $14 billion since 2002.
  • The tallest moving observation tower in the world, the ‘British Airways i360’ opened in the United Kingdom. The tower, which took about 12 years and £46 million to build, offers panoramic views of up to 42 kilometres.
  • Home Minister Rajnath Singh arrived in Islamabad (Pakistan) to attend the SAARC Interior Ministers’ conference during which he is expected to raise the issue of most wanted terrorist Dawood Ibrahim and cross border terrorism.
  • Maoist chief Pushpa Kamal Dahal Prachanda elected by lawmakers as Nepal’s Prime Minister for a second time.
  • India’s Sashastra Seema Bal (SSB) has requested the Nepali citizens visiting India to carry identity cards with them. Those without proper ID cards would be turned back from the border points.
    • Identification, however, is not needed in the bordering markets like Jhulaghat, Dharchula and Pithoragarh.
  • Japan‘s largest public broadcaster NHK has started the world’s first 8K resolution regular TV satellite broadcast, which is 16 times as sharp as 1080p and allows 22.2-channel audio.
    • The ‘Super Hi-Vision’ test channel broadcasts content in both 4K and 8K resolutions, and NHK is installing viewing stations across Japan to showcase footage from Rio Olympics.
  • Yuriko Koike, a conservative former defense minister of Japan, became the first woman elected governor of Tokyo.
  • The Yemeni government has accepted a UN-proposed peace agreement to end Civil War in the country. However, with a pre-condition that Houthi rebels and ex-President Ali Abdullah Saleh need to sign the deal by August 7.
  • The UN General Assembly unanimously adopted a resolution approving an agreement to make the International Organisation for Migration (IOM) part of the UN (United Nations) as a related organisation.
    • IOM was formed in : 1951. Its Headquarters are in : Geneva, Switzerland.
    • Director General of IOM is : William Lacy Swing
    • Membership: 165 member states, a further 8 states holding observer status and offices in over 100 countries.
    • Work: Provide humanitarian assistance to migrants in need, including refugees and internally displaced people.
    • IOM works in the four broad areas of migration management:
      1. Migration and development
      2. Facilitating migration
      3. Regulating migration
      4. Forced migration.

Economics News August Current Affairs (1st to 10th August 2016)

Important news and events in the economic world that happened over the whole week including the Sunday news has been listed here for quick revision.

  • Reserve Bank of India (RBI) announced a committee to study why Indians spend a large sum of money on gold and also understand their household financing patterns.
    • The Committee will be chaired by : Tarun Ramadorai (Professor of Financial Economics, University of Oxford)
  • India approved $318 million loan for Sri Lanka Railways to upgrade its communications system and rolling stock in the Tamil-dominated northern Sri Lanka.
  • The Ministry of Personnel, Public Grievances, and Pensions has accepted the 7th Pay Commission’s recommendation of increasing the minimum monthly pension for retired central government employees by 157.14%, from ₹3,500 to ₹9,000.
  • Vietnam has the second fastest GDP growth rate per capita in the world since the 1990s, behind only China. This may be due to Vietnam simplifying its trade rules, with trade accounting for 150% of its GDP.
  • London-based risk analysis firm Verisk Maplecroft has ranked India the fourth riskiest in a list of 198 countries losing out on business opportunities due to civil unrest. 
    • War-torn countries Syria, Yemen and Libya have first three spots on the list.
  • The Reserve Bank of India (RBI) launched a websiteSachet‘ to identify instances of illegal acceptances of deposits, and provide timely information to the public.
  • Online retail giant Amazon has launched its own dedicated cargo plane service for deliveries to its Prime members. Amazon also debuted its first ever branded air cargo plane ‘Amazon One‘, a Boeing 767-300.
  • The Reserve Bank of India (RBI) imposed penalty on two cooperative banks in Chhattisgarh under the Banking Regulation Act, 1949. These are : Zila Sahakari Kendriya Bank Maryadit and Raipur Urban Mercantile Cooperative Bank Ltd.
  • The government has extended the Minimum Import Price (MIP) on 66 steel products for a period of two months as against 173 items earlier. This comes following the steel industry’s demands for the extension of MIP.
  • The Bank of England cut its benchmark interest rate to the lowest in its 322-year history at 0.25%, its first cut since 2009. Further, BoE also downgraded its 2017 growth forecast for the economy from 2.3% to 0.8%.
  • The Rajya Sabha has passed the Goods and Services Tax (Amendments) Bill with most of the political parties, except the AIADMK, voting in its favour. The Bill which was passed in the Lok Sabha in May 2015 aims to replace multiple rates of taxation in different states with a uniform country-wide rate. The target date for the roll out of the Goods and Services Tax (GST) Bill has been set as April 1, 2017.
  • India’s Directorate General of Safeguards (DGS) recommended a 10% provisional tax on imports of flat sheets and plates of hot-rolled steel to protect local mills.
  • Japanese PM Shinzo Abe’s cabinet approved fiscal stimulus worth around $277 billion, about 6% of their GDP.
  • South Korea has banned the sale of 80 Volkswagen car models and fined the German automobile company $16.06 million. The ban, which includes cars by Volkswagen, Audi, and Bentley, after reports that Volkswagen had forged documents on emissions and noise-level tests.
  • The Ministry of Micro, Small and Medium Enterprises has launched a performance and credit rating scheme to assess the capabilities and creditworthiness of industries in the sector.
    • The ‘Performance and Credit Rating Scheme‘ will provide “trusted” third party opinion to create awareness about the strengths and weaknesses of enterprises’ existing operations.

Sports News Current Affairs Update – (1 to 7 August 2016)

Important happenings in the field of sports have been given below. Since candidates don’t focus on sports news over the week, below you will find all the exam worthy details. We hope this weekly sports update is sufficient for your perusal.

  • Reliance Foundation chairman Nita Ambani has became the first Indian woman member of the International Olympic Committee, after getting elected at the 129th IOC Session in Rio.
    • She is only the third Indian member of the IOC after Dorabji Tata and Raja Randhir Singh.
    • According to membership rules, Nita will remain an IOC member till the age of 70.
  • The International Paralympic Committee has confirmed a blanket ban on Russia in the Paralympics Games.
  • Great Britain’s 21-year-old swimmer Adam Peaty set a new world record in men’s 100 metres breaststroke heats at the Rio Olympics. Peaty broke his own record of 57.92 seconds by clocking a timing of 57.55 seconds.
  • Five-time Olympian and gold medallist at the 2008 Beijing Olympics, Abhinav Bindra led the biggest ever Indian Olympic contingent as it entered the Maracanã Stadium in Rio.
  • The Indian Railways has announced a ₹1 crore cash award for its athletes who win a gold medal at the 2016 Rio Olympics. In total, 35 athletes from the Indian Railways will take part in the Games.
  • The Rio Olympics, are the first Summer Olympics to be held during the host country’s winter season.
    • Rio Olympics is also the first time the Summer Olympics have been hosted in a South American nation.
  • The International Olympic Committee has unanimously agreed to add karateskateboarding, surfing, sports climbing and baseball/softball to the 2020 Tokyo Olympics.
  • Indian boxer Vijender Singh broke into the World Boxing Organisation’s top-10 rankings for the first time, after being ranked 10th following his Asia Pacific super middleweight title win last month over Australian Kerry Hope in New Delhi.
  • Former Supreme Court judge Markandey Katju will head a legal panel which will advise and guide BCCI in adopting the Lodha Committee recommendations.
  • Indian Martial artist Vivek Teja won the Martial Arts Championships in Sydney, Australia,  to become the World Karate Champion.
  • The National Anti-Doping Agency (NADA) has given clean chit to wrestler Narsingh Yadav in the doping case. With this he can participate in 2016 Rio Olympics.

Obituaries

  • Veteran Tamil director and script writer Vietnam Veedu Sundaram (73) has passed away.
    • ‘Vietnam Veedu’ became part of his name after he wrote the script for the film ‘Vietnam Veedu’, starring actor Sivaji Ganesan in the 1970s.
  • Eminent Assamese litterateur Mahim Bora (92) passed away.
    • He was a prolific short story writer and a poet.
    • He had received the Sahitya Akademi award for his most popular work Edhani Mahir Hanhi in 2001.
  • Egyptian Nobel Prize-winning chemist Ahmed Zewail passed away. He won Nobel Prize in 1999 for work in Femtochemistry.
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