Tuesday, August 4, 2015

Starred Articles
State Bank of India to provide wealth management services
Banking and Insurance > SBI > 29th July
State Bank of India is planning to foray into wealth management, one of the most profitable business initiatives of private and foreign banks. Since the potential customers of such services are high networth individuals, SBI is roping in 40 skilled executives besides some existing managers for handling the wealth management team. The move comes after the private sector peers of SBI started profiting from the wealth management services as it would improve the fee income profile of the bank.

Supreme Court rejects petition, Yakub Memon hanged
India > Terrorism > 29th July
The Supreme Court rejected 1993 Mumbai serial blasts convict Yakub Memon's petition against the death warrant and cleared way for his execution which was held on 30th July, Thursday. Memon had sent a mercy plea to President Pranab Mukherjee which was awaited. The decision was taken by a bench comprising Justices Dipak Misra, Prafulla C Pant and Amitava Roy.

World Day Against Trafficking in Persons observed across the world
Days > World Day Against Trafficking in Persons > 31st July
The world observed World Day Against Trafficking in Persons on 30 July 2015. The global campaign #IGiveHope was launched on this day by the United Nations Office on Drugs and Crime (UNODC) in order to raise awareness about the plight of survivors of trafficking in persons. Through this day, UNODC attempts to combat the practice of trafficking and provide support to victims.

Historic peace accord signed to resolve 60-yr Naga conflict
India > Nagaland > 04th August
The era of insurgency in Nagaland comes to an end as India signed a historic peace accord with the rebel NSCN(IM) on Monday that promises a return to normalcy in the state, while making it easier for India to integrate eastwards towards Asia. The signing of the agreement was witnessed by PM Narendra Modi, home minister Rajnath Singh, chairman of NSCN (IM), the largest of the Naga insurgent groups and national security advisor Ajit Doval.


Gujarat becomes first state to mandate voting
India > Gujarat > 29th July
Gujarat has officially made voting compulsory in local body elections under the controversial Gujarat Local Authorities Laws (Amendment), Act 2009 (2014). The compulsory voting notification comes along with an ordinance for the addition of a clause the act for declaring the elected representatives disqualified if they do not vote. Any citizen who fails to vote during the elections if caught will be penalized — the punishment could be monetary fine or non-eligibility for certain civic incentives — which will be specified once the rules are framed.

World Hepatitis Day observed with theme ‘Prevent hepatitis. Act now’
Days > World Hepatitis Day > 29th July
On 28 July 2015, World Hepatitis Day was observed across the world under the theme Prevent hepatitis. Act now. The day marks the importance of raising awareness about the disease and help bring about change in its prevention, testing and treatment. The theme highlights the fact that infection through transmission can be prevented through proven and effective interventions.

International Tiger Day observed across the world
Days > International Tiger Day > 29th July
International Tiger Day was observed across the world on 29 July 2015. This day was founded at the Saint Petersburg Tiger Summit in 2010 in Russia to raise awareness about extinction of tigers. Since then the day has been observed every year to promote the protection and expansion of the wild tiger habitats and to gain support through awareness for tiger conservation.

Sanjiv Chaturvedi, Anshu Gupta win Ramon Magsaysay Award
Awards > Ramon Magsaysay > 29th July
The official website of Ramon Magsaysay Award Foundation (RMAF) has announced names of five recipients of Asia's premier prize, the Ramon Magsaysay Award. The individuals are from India, Laos, Myanmar, and the Philippines. Sanjiv Chaturvedi, a former chief vigilance officer at the AIIMS is being awarded for Emergent Leadership and his efforts to keep corruption in check and Anshu Gupta, founding director of the non-government organization Goonj for his humanitarian work.

Tata Group set to enter e-commerce, digital health
Corporate > Tata Industries > 30th July
The Tata Group is planning to enter e-commerce business with its marketplace modelled on the likes of Amazon and Flipkart. In collaboration with other Tata companies, Tata Group will have an omni-channel marketplace. Another business in which it is planning to enter is digital health where it will connect hospitals, pharmacies, laboratories and consumers, enabling preventive and predictive healthcare. This step is expected to raise the competitive stakes in a rapidly growing online commerce sector.

State Bank of India fined by Hong Kong regulator
Banking and Insurance > SBI > 31st July
State Bank of India's Hong Kong branch has been fined for breaching the city's anti money-laundering and counter terrorism financing rules. Hong Kong's banking regulator Hong Kong Monetary Authority (HKMA) has for the first time taken a disciplinary action under Hong Kong's Anti Money-Laundering Ordinance brought into force in 2012. SBI will not only have to pay the fine but also submit report outlining the remedial action it will take to tackle these internal control failings.

First National Handloom Day to be observed on 7 August 2015
Days > National Handloom Day > 1st August
7th August has been declared as the National Handloom Day by the Union Government which will be celebrated every year starting from year 2015. Prime Minister Narendra Modi will launch the first National Handloom Day. The day will be observed to generate awareness about the importance of handloom industry as a part of our rich heritage and culture.

Indo-UK Bilateral Air Exercise Indradhanush concluded
World > Air forces > 1st August
The 10-day Indo-UK bilateral Air Exercise Indradhanush between Indian Air Force (IAF) and British Royal Air Forces (RAF) concluded on 30 July 2015.During the exercise different elements of the IAF contingent operated from separate RAF bases.

Telangana requests Centre to name DRDO after APJ Abdul Kalam
India > DRDO > 2nd August
Owing to the efforts put in by former President A P J Abdul Kalam in Defence Research and Development Organisation (DRDO) that helped the country in achieving self-reliance in the defence sector, the Telangana government requested the Centre to name DRDO after Kalam. Telangana's Chief minister K Chandrasekhar Rao wrote a letter to Prime Minister Narendra Modi in this regard.
According to Rao, this move will inspire future generations  and also pay rich tributes to Kalam by India's defence organisation.

Joshna Chinappa wins Victorian Open Squash competition
Sports > Squash > 2nd August
Joshna Chinappa won the US 15,000 dollars Victorian Open squash competition beating her Danish opponent Line Hansen in straight sets. The 28-year-old had won her last WSA title in the Richmond Open in April last year and this win becomes her 10th WSA title. The title in the men's section went to Ryan Cuskelly of Australia.

Isro to launch US satellite in space for the first time
Science and Technology > ISRO > 4th August
The US has become the 20th country to sign up for a commercial satellite launch by India's ISRO which has so far launched 45 satellites for 19 nations. For the first time the US would be taking the help of an Indian vehicle, the Polar Satellite Launch Vehicle, to put one of its satellite in orbit. Having successfully launched a Mars mission, India is planning a mission to Venus and is looking for a launch pad.


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