Current Affairs 2nd September 2018

Current Affairs 2nd September 2018

NATIONAL

• Prime Minister Narendra Modi launched a payments bank of the Department of Posts that will take banking to the doorstep of every citizen through an unmatched network of post offices and almost 3 lakh postmen and ‘Grameen Dak Sewaks’.

INTERNATIONAL

• Minister of State for AYUSH Shripad Yesso Naik inaugurated the Fourth International Ayurveda Congress (IAvC) at the Netherlands.
• The 4th BIMSTEC Summit has been successfully concluded in Kathmandu, the capital of Nepal.

APPOINTMENTS

• Binoy Kumar has taken over as Secretary, Ministry of Steel, Government of India. He had been posted as Officer on Special Duty in the Ministry.

BANKING & ECONOMY

• Home, auto and other loans would become costlier as the country’s largest lender, State Bank of India, has increased its benchmark lending rate or MCLR by 0.2%, a development followed by other lenders. The new rates are effective with immediate effect.
• Indian economy grew by 8.2% in the first quarter (April-June) of the current fiscal, the highest in over two years.

SPORTS

• India’s 22-year-old boxer Amit Panghal defeated 2016 Olympic champion Hasanboy Dusmatov (Uzbekistan) in the men’s 49kg final to bag gold at the Asian Games 2018.
• India’s 60-year-old Pranab Bardhan and 56-year-old Shibnath Sarkar won the men’s pair bridge event to bag the country’s first-ever gold in bridge at the Asian Games.

OBITUARY

• Jain Muni Tarun Sagar passed away at the age of 51 in Delhi’s Radhapuri Jain temple due to prolonged illness.