Current Affairs 25th August 2017

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