Current Affairs 18th August 2016

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Current Affairs

National News:

  • National Green Highways Mission (NGHM) under NHAI has collaborated (work jointly on a project) with Power Finance Corporation Ltd. (PFC) for plantations work on NH 7 in Nagpur region
  • Supreme Court has upheld Allahabad High Court judgment quashing Uttar Pradesh government order to provide 30 per cent reservation in admissions to post-graduate medical courses to those doctors in government service who have served in rural areas
  • Gujarat govt. to implement 7th Pay Commission recommendations from 1st of January

International News:

  • Global Innovation Index 2016: Switzerland, Sweden, UK, U.S., Finland, Singapore Lead; China Joins Top 25

New Appointments:

  • Najma A. Heptulla who resigned last month from the Union Cabinet, has been appointed as the Governor of Manipur, replacing V. Shanmuganthan
  • Banwarilal Purohit has been made the Governor of Assam, replacing Padmanabha
  • Balakrishna Acharya.Punjab Governor Kaptan Singh Solanki has been replaced by VP. Singh Badnore.
  • Jagdish Mukhi has been appointed as the Lieutenant Governor of the Andaman and Nicobar Islands.

Banking:

  • Indian Overseas Bank will be conducting an Extraordinary General Meeting (EGM) of shareholders of the Bank on September 15 to issue equity shares to the Government of India to raise Rs 1,551 crore, as part of Centre’s plans to infuse funds into the public sector lender
  • The Reserve Bank has imposed penalties of up to Rs 5 lakh on four cooperative banks for violation of various norms

Business & Economy:

  • Tata Power Solar, one of the country’s largest integrated solar companies, announced that it had successfully commissioned a 100 MW solar project for NTPC in Anantapur, Andhra Pradesh

Awards & Honours:

  • Noted music composer A.R. Rahman on 15 August 2016 was honoured by the Tamil Ratna Award

Science & Technology:

  • China Launches Pioneering ‘Hack-Proof’ Quantum-Communications Satellite

Sports:

  • Rio 2016: shuttler PV Sidhu enter Women’s single semifinals; beat world no. 2 Yihan Wang

Obituaries:

  • Eminent Punjabi writer and novelist Gurdial Singh breathed his last here after a brief spell of illness
  • Former FIFA President Joao Havelange dies at age 100
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