Current Affairs 25th August 2017

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Current Affairs 25th August 2017

NATIONAL:

  • The government has hiked the ceiling for the OBC creamy layer from Rs. 6 lakh per annum to Rs. 8 lakh per annum for central government jobs
  • Supreme Court Declares Right to Privacy as Fundamental Right
  • The Cabinet Committee on Economic Affairs has approved the renaming of the new Central Sector Scheme- SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) as “Pradhan Mantri Kisan Sampada Yojana (PMKSY)” for the period of 2016-20 coterminous with the 14th Finance Commission cycle.
  • Sushma Swaraj to Inaugurate First Videsh Bhavan in Mumbai
  • Andhra Pradesh First to Implement Bharat QR Digital Payments

INTERNATIONAL:

  • 8 MOUs signed between India and Nepal
  • A two-day Meeting of Heads of Governments of Shanghai Cooperation Organization (SCO) Member States begun at Choplon Ata in Kyrgyz Republic.

BANKING NEWS:

  • Of the 56 regional rural banks (RRBs), Karnataka Vikas Grameena Bank and Andhra Pragathi Grameena Bank recorded net profit of more than Rs 150 crore during 2016-17.

BUSINESS AND ECONOMY NEWS:

  • Alibaba’s Jack Ma is Asia’s Richest Man: Forbes
  • TRAI Signs Deal with Malaysian Communications & Multimedia Commission
  • Microsoft Launches ‘Project Brainwave’ for Real-Time AI

APPOINTMENTS:

  •  Government Announces Rajiv Bansal as New Air India CMD
  • Ajay Vipin Nanavati is New Syndicate Bank Chairman

SPORTS:

  • Wayne Rooney, England’s Record Goalscorer, Retires