Awards & Honours

Mukesh Ambani has surpassed Hong Kong business tycoon Li Ka-shing to become Asias
second richest man.

International News

Flipkart has completed the merger with eBay Indias operations. Flipkart will own & operate
eBay.in, which will remain an independent entity as part of Flipkart.
Eicher Motors has become Indias fourth most valuable automaker, displacing Bajaj Auto
which held that position so far.

Important Days in August 2017

Non-Cooperation Movement Day August 1, 2017

World breastfeeding week August 1-7, 2017
Hiroshima Day - 6th August
Quit India Movement Day and Nagasaki Day - 9th August
World Bio-Fuel Day - 10th August
International Youth Day 12th August
Pakistan's Independence Day 14th August
Indian Independence Day 15th August
International Day of the World's Indigenous Peoples - 18th August
World Humanitarian Day and World Photography Day - 19th August
Sadbhavna Divas - 20th August
International Day for the Remembrance of the Slave Trade and Its Abolition - 23rd August
National Sports Day and International Day Against Nuclear Tests - 29th August

National News

The Delhi Metro Railway Corporation (DMRC) was recently declared as the worlds first
green metro after it added a green certification for all its major buildings and installations.
Minister of Housing and Urban Affairs Narendra Singh Tomar launched Swachh Survekshan-
2018 in New Delhi.
Prime Minister Modi will inaugurate 2 day RajaswaGyansangam on September 1, during
which central & state tax officers will brainstorm on major issues.
Govt has launched a portal e-Rashtriya Kisan AgriMandi which will provide a platform to sell
agricultural produce.

Banking & Finance Affairs

RBI is planning to conduct a cyber-audit of all banks in the country instead of just a few
bigger banks as it did in the past.
The Monetary Policy Committee of the Reserve Bank of India slashed the short-term lending
rate, or repo rate, by 25 basis points to 6%, the lowest in more than six-and-a-half years, at
its third bimonthly policy review.
 Airtel Payments Bank has entered into partnership with Hindustan Petroleum Corporation
Limited to give further boost to digital payments in the country.

Persons & Places in News

ArvindPanagariya, the first vice-chairman of NitiAayog who was considered to be Prime

Minister Narendra Modis personal pick for economic reforms, announced his resignation.
UstadHussainSayeeduddinDagar, maestro & custodian of Dhrupad tradition of Hindustani
classical music and a member of eminent Dagar family, passed away aged 78 in Pune.
Bombay Stock Exchange has appointed DhirendraSwarup as its new Chairman.
Former union minister and a one-time heavyweight Congress leader Santosh Mohan Dev
died following a prolonged illness.
Tech giant Cisco has named Sameer Garde as President for its India and Saarc operations
announced on 31st of July 2017.
SEBI has approved the appointment of DhirendraSwarup as the chairman of the board of
directors of the BSE with effect from July 31, 2017

Science and Technology

ISRO will launch its navigation satellite IRNSS-1H by the end of this month to augment the
existing 7 satellites of NavIC constellation.
To build a more elaborate personal assistant for Messenger users, Facebook has acquired an
artificial intelligence startup Ozlo
PayPal has opened 2 innovation labs in India to support projects in the field of machine
learning, artificial intelligence and other new technologies.
SBI debit cards have been integrated with Samsung Pay, which allows payments by waving
Samsung smartphone near cash register instead of swiping a card.

Sports & Games

Former India hockey captain DhanrajPillay was honoured by East Bengal football club on its
foundation day with its highest award, Bharat Gaurav.
Indian shuttler C Rahul Yadav and men's doubles pair of Manu Attri and B Sumeeth Reddy
clinched the men's singles and men's doubles title respectively at Lagos International
challenge in Nigeria.
Los Angeles reached an agreement with the leaders of the International Olympic Committee
on plans to host the 2028 Summer Games. Los Angeles formally announced its bid for the
2028 Summer Olympics after agreeing on a deal that paves the way for Paris to host in 2024.
According to the latest ICC Test Rankings RavindraJadeja maintained his top position in the
bowlers list while India skipper ViratKohli remained stayed at fifth place in the batting
charts released on 1st of August 2017.

Microsoft ties up with Telengana

Telangana govt has signed an agreement with Microsoft India to adopt cloud-based analytics
solution for Rashtriya Bal Swasthya Karyakram.

Jaitley announces Bharat-22 ETF

 Financial Minister Arun Jaitley launched a new ETF under the name Bharat 22, which will
comprise shares of 22 companies.

Aadhaar-authenticated DBT portal

Maharashtra has launched MahaDBT portal, through which benefits of all govt schemes will
be transferred directly into bank accounts of beneficiaries in the state.
It has been designed on lines of central govts DBT scheme, Aadhaar will become mandatory
to claim benefits through the portal,
Maharashtra is the 1st state to launch this system to give direct benefits with Aadhaar
authentication

Infosys to acquire Brilliant Basics

Infosys has signed an agreement to acquire Brilliant Basics, a London-based product design &
customer experience innovator.