August Month's Current Affairs - Guide4BankExams

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the
border
to
flee
violence
in
Myanmar. France's
Doctors
without
(ACF) as well as Britain's Muslim Aid UK have been told to suspend their services in the Cox's Bazaar district bordering Myanmar.
he former UN Secretary-General Kofi Annan quit as international peace envoy to Syria on 3 August,
the bloodshed there never received
government deployed fighter jets
around Aleppo,
the the
commercial outgoing
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against rebels armed with tanks capital
League envoy voiced regret at the "increasing militarisation" of the nearly 17-month
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concern at the escalating violence but India was among the 31 nations that
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conflict.
he 193 member U.N. General Assembly on 3 August, overwhelmingly adopted a Saudi-drafted resolution on Syria that expressed grave
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the support it deserved. As Syria's
UN-Arab
an
complaining that his initiative to end
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angladesh has ordered three international charities to stop providing aid to Rohingya refugees who cross
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InternatIonal events
crackdown on its people and demanded that the country lockdown its chemical and
agree on measures to ensure the compliance of Syrian authorities with its decisions. The resolution got 133 votes in favour, while 12 countries voted against. Thirty-one countries, including India, abstained.
has killed at least 13 people in
Uganda. The outbreak began in late June. Ebola is spread by close personal contact, and kills up to
90 percent of those infected. There is no vaccine for the virus. Symptoms include sudden onset of
fever, weakness, headache, vomiting and impaired
constitution billed as a key step to ending decades of civil war
during. The Horn of Africa countrys outgoing government hailed the end of an eightyear interim
Minister Abdiweli Mohamed Ali expressed happy and announced that Somalia has from now, left the
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transitional assembly
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period.
period. chosen
special
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traditional elders in a U.N.-backed process took eight days to debate
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omalias Constituent Assembly on 1 August , endorsed a draft
Prime
The by
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biological weapons. The resolution also deplored the failure of the Security Council to
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abstained. The General Assembly passed the resolution that denounced Syrias
of its mandate on August 20.Key steps in the fragile political process remain, including a
subsequently elect a new President.
Pervez Ashraf to appear before judges for he failed to write Swiss
authorities to reopen corruption cases against the president Asif Ali Zardari. The court asked the PM to appear before judges on 27 August 2012 to explain his
actions.Earlier on 3 August 2012 the Supreme Court had nullified a legislation that sought to protect elected legislators from contempt charges. It was believed
court from disqualifying current Prime
had removed Yousuf Raza Gilani from his post on 19 June 2012 after he failed to follow
against President Asif Ali Zardari.
n Sudan, the ruling National Transitional Council (NTC) handed over power to the newly elected National Assembly on 8 August 2012 in a
ceremony in Tripoli. NTC Chairman, Mustafa Abdel Jalil passed on the responsibility to the oldest member of the new two hundred member assembly, Mohammed Ali Salim.
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The new assembly will appoint a new interim Prime Minister to form the government and a sixty-member panel to draft the new constitution of Libya. The ceremony marked
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courts order to write a letter to Swiss authorities asking them to reopen corruption case
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Minister from the office under contempt charges.Earlier,the Supreme Court of Pakistan
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that the legislation was meant to prevent
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akistans Supreme Court on 8 August 2012 ordered the Prime Minister Raja
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new Parliament to be selected by traditional elders, with that Parliament to
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and vote on the new Constitution, as the graft-riddled government approaches the end
Libya.
he US government on 2 August 2012 announced to impose some fresh sanctions on Iran. These sanctions, imposed under Comprehensive Iran
regulation on those who continued to maintain ties with Iran.Under the sanction Bank of Kunlun in China and Elaf Islamic Bank in Iraq faced cut off from transactions with US institutions. The two banks were punished for facilitating transactions worth millions of dollars on behalf of sanctioned Iranian banks. Experts say that the new sanctions categorically target the Iranian energy and petrochemical sectors. Earlier this year India, China and a host of other nations had opposed US dictate to cut down their oil imports from Iran. US and European Union have come down heavily on Irans nuclear programme seeking all possible diplomatic methods to stop the belligerent
US and EU over Iran have not yielded them the desired result as Iran has thus far not
into an agreement in Adis ababa on 5
August, on a deal over oil, resolving a key part of a bitter dispute that brought the rivals to the brink of all-out war earlier this year. African Union mediator Thabo Mbeki said that the parties have agreed on all of the financial
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arrangements regarding oil. Landlocked South Sudan said it had agreed to pay a pipeline
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udan and South Sudan have come
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gave up its plan to build nuclear armaments.
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nation to carry on its nuclear programme. Though the heavy sanctions imposed by the
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Sanctions, Accountability, and Divestment Act of 2010 (CISADA), put punitive
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the first peaceful government transition of the country post Gadhafi seized power in
from Sudans initial demands of up to $36 a barrel in fees. In addition, South Sudan
massive financial gap created by the South's independence last year, a fractious divorce that left a raft of issues unresolved. Mutrif Siddiq, a Sudanese delegate to the talks in the Ethiopian capital, said the deal was "reasonable", although it did not meet the expectations of either side. U.S. President Barack Obama welcomed the deal, saying it
efforts of the African Union led by Thabo Mbeki, a former South African president.
claimed by China and Japan. The proposal, put forth by President Ma Ying-jeou, came after Japanese Defence Minister Satoshi Morimoto warned recently, Tokyo could send
the Sikh Temple of Wisconsin, a Gurdwara, in what appeared to be a hate
crime in Oak Creek, a quiet suburb of Milwaukee. Reports also quoted an unnamed member of the Sikh community as saying a Sikh priest visiting from New Delhi was said to have been shot at. One police officer was injured in an exchange of fire. India said its embassy in Washington was in touch with the U.S. National Security Council on the tragic incident. Indian Ambassador Nirupama Rao said an official was rushed to the site to ascertain the situation.
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t least six persons were killed and several injured, on 5 August, by a gunmen, at
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troops to the island chain.
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aiwan proposed for a peace proposal on 5 August aimed at easing mounting tensions in a territorial dispute over an island chain in the East China Sea also
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opened the door to better prosperity for both countries. He also praised the mediation
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agreed to make a "one-off payment" to Khartoum of some $3 billion to cover the
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transit fee of $9.48 per oil barrel to transport its crude through Sudan, a significant drop
prepares to claim a vast swath of the energy-rich Arctic. Security Council chief
Northern Sea Route has been drawn up to serve as resupply Russian bases warships for and
2020, Russia is to deploy a combined-arms force of naval, border and coastal guard units to protect its economic interests and in political the
Putin last month said that Russia would build dozens of warships by 2020 to better protect its natural resources in the Arctic. Russia, which is entitled to a 200-mile Exclusive Economic Zone in the Arctic, plans to submit next year its claim for a 150-mile additional territory on the grounds that the seabed is continuation of its continental shelf. This claim is disputed by other Arctic powers Norway, the United States, Canada and Denmark.Russia also plans to open year-round navigation along the Northern Sea Route, which stretches for 5,600 km along Russias Arctic coast from Murmansk in the Barents Sea to the Bering Strait in the Far East.
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an
Arctic.President Vladimir
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border guard vessels. By
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Nikolay Patrushev said on 7 August, that a list of naval infrastructure hubs along the
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ussia will build a string of naval bases along its northern coast as it
Lakhdar Brahimi will replace Kofi Annan as peace envoy to Syria. The
reputation as a tough, independent negotiator as envoy to Afghanistan, Iraq and Haiti. He helped negotiate the end of Lebanons civil war. Mr. Brahimi is a member of the Elders, a group of former world leaders working for global peace. Mr. Annan
announced his resignation earlier this
Security Council announced on 16 august, it would end the UN military observer mission in Syria
government to strip it of its diplomatic status and storm
its embassy in London to
breaching
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arrest
Mr.
Assange his
holed up at the embassy
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since seeking refuge there in June to avoid extradition to
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conditions. He has been
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n a high intensity political act, Ecuador on 16 August, granted asylum to WikiLeaks founder Julian Assange, ignoring a threat from the British
for
bail
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month after failing to achieve a temporary ceasefire during six- month tenure. The
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78- year-old Brahimi has worked in several high-profile positions at the UN, gaining a
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he United Nations on 17 August, has announced that Algerian diplomat
made clear that Mr. Assange would not be given safe passage out of the country and
Ecuadors Foreign Minister Ricardo Patino said the decision to grant asylum to Mr. Assange was prompted by a concern for Mr. Assanges human rights as his government believed that his fears of political persecution were legitimate. Mr. Assange fears that if extradited to Sweden he could be handed to the American government that wants
disappointed by the decision and stressed its obligation to extradite Mr. Assange to
suspended by his employers CNN and Time magazine after he admitted
to plagiarism and apologized for the
by CNN and Time magazine after he
of an article he wrote on gun control for
issued an apology saying he had made a
paragraph from the article by Harvard University professor of American history Jill
column on gun control that appeared in the August 20 issue of Time magazine. Born on
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20 January 1964 in Mumbai, Maharashtra, Fareed Zakaria obtained his Bachelors degree in Arts from Yale University. Later he received Doctorate in Political Science
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Lepore was an ethical lapse. Mr Zakaria, a Yale and Harvard graduate, had written the
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mistake
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Time, from the New Yorker magazine. He
and
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admitted that he had plagiarised portions
his
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ethical lapse. Mr Zakaria, was suspended
lifting
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oted Indian-American journalist and author Fareed Zakaria(48) has been
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Sweden pointing out that he had exhausted all legal options in Britain.
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to prosecute him for publishing secret official documents. Britain said it was
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indicated that the diplomatic stand-off could drag on for some considerable time.
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Sweden over allegations of sexual assault. British Foreign Secretary William Hague
journalism, Zakaria worked with numerous global media organizations such as News
setting up of Rason Economic and Trade Zone and Hwanggumphyong and Wihwa Islands Economic Zone.Sources said , a joint mechanism will be set up to train personnel, for compiling plans and regulations, customs clearance and telecom links . he Organization of Islamic Cooperation suspended Syria on 16 August , citing President Bashar al-Assad's suppression of the Syrian revolt, but there was
Mecca.Summit host Saudi Arabia has led Arab efforts to isolate Syria diplomatically.
from Japan landed on an East China Sea island at the heart of a territorial dispute
between the two nations. In several Chinese cities, thousands took to the streets shouted slogans agaist Japans claim over the
islands. Tokyo
and Beijing have been
the island chain, known
and
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as the Senkaku in Japan the Diaoyu in
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China, near potentially huge maritime gas fields. On 19 August, 10 Japanese made an unauthorised landing
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feuding for decades over
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nti-Japanese protests rocked Chinese cities on 19 August, as nationalists
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little support for direct military involvement in Syria at a summit of Muslim leaders in
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hina's commerce ministry announced on 14 August, China will develop two economic zones in North Korea. Both sides met in Beijing to discuss the
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Week, Time, CNN.
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from Harvard University in 1993. In a career spanning more than two decades in
Islands and in China as the Diaoyu Islands. Of the 10 who visited the island, five were
formidable restrictions including a ban on and private a daily
newspapers
pervasive
culture of self-censorship. Under the new rules, journalists no longer have to submit reports to state censors before publication, ending a practice strictly
century of military rule that ended in March last year. Previously, every song, book,
rooting out political messages and criticisms of one of Asias most repressive
to state-run papers
eles Zenawi (57), Ethiopias Prime Minister since 1995, died on 20 August, in a hospital in Brussels. Sources
said, Deputy Prime Minister Hailemariam Desalegn would head a transitional government while the ruling
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party chooses Mr. Meles successor, adding that the Constitution allowed his government to appoint a
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governments. Privately run daily newspapers are still not permitted, leaving a monopoly
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cartoon, news report and planned piece of art required approval by teams of censors
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enforced during nearly half a
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yanmar abolished direct media censorship on 20 August, the latest dramatic reform by its quasi-civilian regime, but journalists face other
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conservative local assembly members.
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on Uotsuri island, the largest in a small archipelago known in Japan as the Senkaku
Democratic Front seized power in 1991 following the collapse of the dictatorship of
elections in 1995, 2000, 2005 and most recently in 2010, in a landslide election whose validity was questioned by Western observers and human rights groups. Mr. Meles is credited with resurrecting the ruined economy he inherited in 1991. In the last seven years, the economy has grown by an average 11 per cent annually due to investments in
Wales Sophie Elizabeth Moulds as the 1st runner-up and
Miss Australia Jessica Michele Kahawaty as the 2nd runner-up. This event was held at Ordos, in China on 18
sixth place. While Vanyamishra got the
with a Purpose and also went on to
World pageant. Miss china was also awarded Miss Talent 2012, Miss World 2012
Model award.Finally, Miss World Sports Woman 2012 was awarded to Miss Sweden.
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previously expressed concerns about the potential influx of Western goods and services.
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ussia became the 156th member of the World Trade Organization on 21 August, following nearly two decades of negotiations. Russia was one of the world's last major economies to join the Geneva-based institution, having
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Beach Beauty was Miss Wales. While South Sudan took away the Miss World 2012 Top
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win the Multimedia Award at the Miss
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coveted titles of Miss World Beauty
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august.Miss India Vanya Mishra stood at
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iss China , Wenxia Yu, was crowned the 62nd Miss World with Miss
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agriculture and infrastructure. Adis Ababa is the capital for Ethiopia.
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Colonel Mengistu Haile Mariam. He headed the transitional government and won
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successor without holding elections. Mr. Meless Ethiopian Peoples Revolutionary
percent from a current average of around 10 percent. As part of the agreement, Russia
sectors, including the and analysts insurance expect
banking,
industries.
benefit of Russian making it cheaper purchase while allowing them to into the local economy. Russia
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Identification will ensure for
this will be to the consumers them by to
imported products
Pascal Lamy is the present Director-General of WTO.
enhance
maritime
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nion Government, Shipping Minister G K Vasan, as part of efforts to security, on 3
National
effective search and co-ordination besides
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broadcasting warnings to merchant ships. Authorities describing the project as the most important component of coastal surveillance, and it will enhance safe navigation along the 7,500km long Indian coastline.
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System (NAIS),
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August launched the Rs 132 crore Automatic which
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NatioNal EvENts
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nation of Vanuatu, which will become the WTO s 157th member on 21 August.
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save more and invest back
joins the South Pacific island
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has also made commitments
to open trade in several
automotive Some
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As part of its membership, Russia has agreed to lower import tariffs to less than 8
Manmohan Singh, on 3 August, approved the longstanding demand of the
Constitution, to develop six backward districts of the Hyderabad Karnataka region in the State. This will be on the lines of special status given to the Telangana region of Andhra Pradesh. The six districts that will benefit in Karnataka are Bidar, Gulbarga, Yadgir, Koppal, Raichur and Bellary.
Administration (GTA) winning all 45 seats in the regional autonomous body. The GJM had gained control of the body with its candidates winning from 28
the remaining 17 constituencies were
announced on 2 August. West Bengal Chief Minister and Trinamool Congress
candidates from the fray, making things easier for the GJM.
ndian
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filmmaker Satyajit
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chairperson Mamata Banerjee announced on July 21 the withdrawal of her party
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held on July 29 and the results were
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constituencies unopposed. Elections to
Rays
classic Pather Panchali has featured
in the 50 greatest films of all time list, which was dominated by Alfred Hichcocks
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thriller Vertigo. Pather Panchali (Song of the Road) was made on a budget of Rs. 1,50,000.
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he Gorkha Janmukti Morcha (GJM) has swept the first-ever elections to the Gorkhaland Territorial
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people of Karnataka to provide special status, under Article 371-D of the
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he Cabinet Committee on Political Affairs (CCPA), headed by Prime Minister
lyrical, closely observed story of a peasant family in 1920s rural India.
top official of ONGC said, Tripura will emerge as the biggest onland natural gas producing state in the country by 2014 with the capacity of
natural gas (5 MMSCMD) per day, Now 18 lakh cubic meter gas (1.83 MMSCMD) is produced daily from the operational wells in Tripura. Sources said, 15 wells have been drilled across the state and there are plans to drill 15 more wells during
2012-13.The 726 MW gas based thermal power project at Palatana in Gomati district
Corporation (OTPC) .The Prime Minister had laid the foundation stone for the project at
with guiding principles on water laws the States may adopt, which will have
far-reaching implications. States that adopt and reform will be incentivised for water projects. That such a law would be made is buried in the pages of the draft new national water policy that is yet to be considered by the National Water Council, the supreme policy body chaired by the Prime Minister.
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he Centre has decided to frame a new National Water Framework Act
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Palatana, 60 km from Agartala in 2005.
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would start producing power this year. It was set up by ONGC Tripura Power
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producing
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With 31 votes Pather Panchali came 42nd in the Sight & Sound poll. The film is a
Hazare, ending his "indefinite" strike after six days,
announced the launch of a new political party. The 75-year-old broke his fast with a glass of juice offered by former army chief Gen. V. K. Singh.His team said, candidates for the party would be chosen by the people.His campaign also
Prime Minister Manmohan Singh.
14,000 crore for 5 MHz of pan-India 2G spectrum in the 1800-MHz
GSM band for auctioning spectrum to be vacated by companies whose 122 licences were cancelled by the Supreme Court on February 2, 2012. The reserve price for 5 MHz of CDMA spectrum has been put at Rs. 18,200 crore, 1.3 times the price of GSM spectrum. Only two slots of 5 MHz each will be put on the block, though spectrum will be available for bidding in multiple blocks of 1.25 MHz. Taking a bold political decision, the government shaved $750 million, or roughly Rs. 4,100 crore, off the roughly Rs 18,000-crore reserve price recommended by the Telecom Regulatory Authority of India (TRAI).
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he Union Cabinet on 3 August, fixed a reserve (minimum) price of Rs.
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demanded a special probe into possible graft allegations against 15 ministers, including
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nti-corruption
activist Anna
the land transfer policy by Clearing bottlenecks in transfer of
infrastructure projects. The decision to relax the ban imposed on all transfer of government owned land for certain categories would speed up the award of PPP projects from this month onwards significantly. Early last year, a ban had been imposed on all transfer of government owned land to any entity except in cases where land was to be
government
department
to
cases of land transfer from Ministries to statutory
authorities or PSUs will be allowed as also development and use of railway land by the Rail Land Development
Authority
(RLDA). All PPP infrastructure projects roads, railways, ports, civil aviation and metros have some element of land alienation as the projects are often built on government owned land. The government continues to own the land that is leased or licensed out.
up by the Union government on 21 June 2012 to suggest ways to revamp of defence
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management in the country. Naresh Chandra, a former bureaucrat, headed the committee which members included former military officers, intelligence chiefs,
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aresh Chandra Committee, a 14-member task force on national security, submitted its report to the government on 8 August 2012. The committee was set
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another. With this decision, all
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Government land, which would also remove any delays in awarding concessions for
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rime Minister Manmohan Singh on 2 August, approved relaxations in
committee was to contemporarise the Kargil Review Committees recommendations,
also asked to examine the state of country's border management and restructuring system.
Keshubhai Patel and the former union textile minister Kanshiram Rana resigned from Bhartiya Janta Party (BJP) on 4 August 2012. This Party would contest all the 182 seats
in Gujarat assembly elections which will be held by the end of 2012.
field trials of GM crops until it develops a better system of monitoring and
oversight. In the 389-page report submitted in the parliament on 9 August 2012, the panel also demanded a complete probe into how permission was granted in 2009 for the commercialisation of Bt brinjal (also known as aubergine, or eggplant). Experts say that, it will be a major setback to the production of genetically modified (GM) foods in the country.Bt Brinjal was developed by Pune-based Mahyco (Maharashtra Hybrid Company) in a joint venture with US seed giant Monsanto. The Genetic Engeneering Appraisal
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Committee had cleared the commercialization of Bt Brinjal on 14 October 2009, though soon after its clearance it was caught amidst bitter controversies ranging from its
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parliamentary panel on agriculture asked the government to ban all
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ormer Chief Minister of Gujarat, Keshubhai Patel launched Gujarat Parivartan (GPP) Party on 6 August 2012.
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which was tabled in the Parliament on 23 February 2000. Besides, the task force was
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diplomats and strategic analysts. The main objective behind the constitution of the
and intellectual property rights. Bt cotton was the only GM crop before Bt Brinjal which
which include direct connectivity from the website to social networking media of the President i.e. Facebook and You-Tube. These two features have been initiated after assumption of charge by the President Pranab Mukherjee. The new website also has a Video Gallery. Citizens can connect to the President directly by clicking the button Write to the President, which will take them directly to the helpline portal. Moreover,
user
friendly.
Launching
the
forward to bring the President of India closer to the people. She also said that efforts
message to the northeast people that the whole country was for them and
with them and that, they need not have any apprehension about their safety. Like any other citizen, they have every right to study, work and reside in any part of India.Prime Minister Manmohan Singh intervened in both the Lok Sabha and the Rajya Sabha when
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the Houses took up for discussion, by suspending question hour, attacks on the northeast people and their exodus. He said the growing sense of insecurity among the
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embers of Parliament, cutting across party lines, on 18 august, sent out a strong
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would be made to ensure that the website is in line with the best global practices.
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Secretary to the President, Ms. Omita Paul expressed the hope that it would be a step
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visuals have been conceptualized and made website,
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he re-designed website of the President of India was launched at Rashtrapati Bhavan on 3 August. The re-designed website has some new features,
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had got clearance for commercialization.
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environmental impacts to ethical concerns such as corporate control of the food supply
to check rumours, bulk SMSs and MMSs have been banned for 15 dayswith
more than 20 KB of data through mobile phones.
site Twitter to block nearly 30 of its webpages which continue to host and inflammatory contents or face
morphed
punitive action.The move comes after Union Home Secretary RK Singh asked the Department of Electronics and Information Technology (DEIT) to serve the ultimatum on Twitter as it failed to comply with the government order to block 28 WebPages in its site. Government had already ordered blocking of 310 webpages where morphed and
Muslims in India leading to the mass exodus of people of the northeastern region from
ranked
sixth,
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ndia's ruling United Progressive Alliance chairperson Sonia Gandhi has been in the Forbes
magazine list of 100 powerful women. German Chancellor Angela Merkel is ranked the most powerful in the world for the second year in a row. US Secretary of State Hillary Clinton is placed
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second, followed by Brazilian President Dilma Rousseff, making the top three spots
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places in Karnataka, Tamil Nadu and Maharashtra.
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inflammatory contents were uploaded with the aim to incite
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overnment has given an ultimatum on 21 August, to social networking
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immediate effect. No one would be allowed to send more than 5 SMSs at a time and
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northeast people was more reprehensible. Union Home Secretary R.K. Singh said that
in 2010, was ranked No.7. Also in the top five were Melinda Gates, co-chair of the Bill
Jill Abramson, executive editor of the New York Times. Besides Sonia Gandhi, the list released on 21 august features three other Indians. Padmasree Warrior, chief technology and strategy officer, Cisco Systems, and Chanda Kochhar, managing director and CEO, ICICI Bank, are ranked 58th and 59th, while Kiran Mazumdar-Shaw, founder and chair,
Nooyi is ranked 12th. The list named women involved in policymaking, entertainment,
according to influence, the amount of money they control or earn, and media presence.
Bilateral issues
energy, water disposal as well as treatment, and research and training. This was conveyed to the visiting Belgian
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manufacturing and investments zones (NMIZs) with a focused approach in
Prime
an
ndia, on 2 August, invited Belgium to invest in the upcoming national
Minister of Foreign Affairs, Foreign Trade and European Affairs, Didier Reynders, by Commerce and Industry Minister, Anand Sharma, during his
after the meeting said the visiting Belgian Minister offered expertise in water treatment,
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waste disposal and energy sector which would be useful in NMIZs .NMIZs will be mega industrial zones with world-class supporting infrastructure.The government is offering
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meeting in New Delhi. An official statement issued
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technology and nonprofit organisations, among other fields. They were ranked
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Biocon Ltd, is placed 80th. PepsiCo's Indian-American chairperson and CEO Indra
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and Melinda Gates Foundation and wife of Microsoft Corp co-founder Bill Gates, and
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unchanged from that of last year. US first lady Michelle Obama, who had topped the list
environment norms to promote these zones.
ndia
and
Israel on
August, entered
into
memorandum
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understanding (MoU) for launching a programme that would promote
information technology to social sciences, humanities and arts. The programme, which will run for five years, will provide support up to $1,00,000 a research project for three years. The MoU was signed by Professor Geiger Chairman of the Israel Science Foundation and Chairman of University Grants Commission Ved Prakash. After the signing ceremony, Israeli
Ambassador Alon Ushpiz noted that both nations
linking of our researchers together comes only
during a recent visit of Minister for Human
Yuval Steinitz, Education Minister Gideon Saar and Chairman of Planning and
investments by citizens and companies, under the government route, in
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sectors/activities other than defence, space and atomic energy, of the neighbouring country. The move is likely to give new direction to South Asian economic integration.
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iving a big boost to trade and bilateral relations with Pakistan, the Government of India on 1 August , notified law permitting
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Budgeting Committee Manuel Trajtenberg.
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Resource Development Kapil Sibal to Israel, when he met with Israels Finance Minister
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naturally, he said. The programme was initiated
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hosted some of the best academic institutions. The
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collaborative research across a wide range of disciplines from medical and
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incentives such as exemption from capital gains tax and a liberalised labour and
Management Act (FEMA), which prohibits investments in India. Sri Lanka was removed
by Trade Ministers and leading chambers of commerce of the two countries to give a fillip to trade and economic engagement. Officials in the Industry Ministry said that to address security concerns over investments from Pakistan, FDI proposals from Islamabad would be routed through the Foreign Investment Promotion Board (FIPB),
Caribbean States) Troika foreign ministers was held in New Delhi on 7 August
2012. The Minister of Foreign Affairs of Chile Alfredo Moreno Charme, the pro-tempore President of CELAC, led the CELAC Troika. The Foreign Minister of Venezuela Nicolas Maduro and the Vice Foreign Minister of Cuba, Rogelio Sierra participated in the
Affairs Minister of India, SM Krishna, led the
objective
of
strengthening
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Indian delegation. The meeting was held with the India-CELAC
American and Caribbean countries (CELAC) agreed
Strategic Partnership and having regular Summit Level Meetings in the near future.
cooperate in diverse sectors like trade and investment, energy, minerals, agriculture,
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science and technology, culture, education and people-to-people contacts. They agreed to work together on common global challenges in the interest of developing countries by
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relationship India and the Community of Latin
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meeting as members of the Troika. The External
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from the list in 2006 and Bangladesh in 2007. The initiative is part of a road map drawn
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Pakistan was the only country in the negative list under the Foreign Exchange
international terrorism. They urged the international community to adopt a
acknowledged the efforts of the UN Conference on Sustainable Development (Rio+20) for a renewed political commitment towards Sustainable Development to achieve poverty eradication through a balanced integration of economic, social and environmental aspects.
Rogelio Sierra Diaz, met with External Affairs of India, S.M. Krishna. During the meeting, both sides reviewed the entire gamut of bilateral relations and expressed satisfaction. Both sides reiterated their desire to sustain and consolidate these relations. Both sides noted that the total bilateral trade of US$ 40 million between India and Cuba
turnover should be enhanced through concerted efforts and underlined that new
side appreciated the importance of the role played by the Indian Company OVL (ONGC
engagement in Cuba in this area. The Indian side reiterated its offer of Lines of Credit
India and Cuba agreed on the need for the reform of the United Nations Organisation.
permanent membership of the United Nations Security Council. Both sides emphasised
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the continued relevance of the Non-Aligned Movement in the current context of global relations and agreed to work towards the success of the forthcoming NAM Summit in
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announced during the visit of its Minister of External Affairs to Cuba in June 2012.
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Videsh Ltd.) in the field of petroleum exploration in Cuba and sought OVLs continued
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opportunities for cooperation existed in the area of trade and investment. The Cuban
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did not correspond to the excellent bilateral ties. They emphasized that the trade
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n the sidelines of the First India-CELAC Foreign Ministers Troika Meeting in New Delhi on August 7, 2012, Vice Foreign Minister of Cuba ,Mr.
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Comprehensive Convention on International Terrorism at the earliest. Both sides
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maintaining coordinated approach on UN reforms, financial crisis, climate change and
the First India-CELAC Troika Ministerial Dialogue and recalled the considerable
both in a multilateral manner and bilaterally.
MoU was signed for this purpose in the presence of visiting Deputy Prime Minister
Didier Reynders, who also holds the portfolio of Foreign Affairs, Foreign Trade and European Affairs. Speaking on the occasion, Minister of External Affairs SM Krishna said India wanted to collaborate with Belgium in newer areas, particularly in infrastructure and energy sector, including port development, renewable energy, both solar and wind power. He said his discussions with Mr Reyders touched the entire gamut of their bilateral relations and touched on their cooperation in further strengthening the strategic partnership with the European Union. They took note of the
bilateral trade, which has now crossed the 13 billion Euro mark in 2011. Belgium has
Union.
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fact that despite global economic slowdown, there was substantial increase in their
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ndia and Belgium on 8 August decided to cooperate in the railway sector. A
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opportunities available for mutually beneficial cooperation between India and CELAC
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Tehran. India and Cuba expressed appreciation over the importance and significance of
said in Colombo on 3 August, India will
help Sri Lanka establish a special economic zone to manufacture auto components in Trincomalee. The SEZ would promote exports to the production chains in India.A Joint Task Force on the SEZ would be set up and submit its report within
90 days. Anand Sharma also announced the setting up of a pharmaceutical manufacturing hub in Sri Lanka.
he Reserve Bank of India, on 1 August, constituted a committee to suggest ways to strengthen the rural co-operative credit structure. The panel, headed by
structure
(STCCS),
focussing
delivery system. It will also explore ways
credit architecture. The seven-member panel will make an in-depth analysis of the STCCS,
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to strengthen the rural co-operative
examine
alternatives with a view to reducing the
feasibility of setting up of a two-tier
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STCCS as against the existing three-tier structure. The STCCS targets the credit requirement of the small and marginal farmers in the country. The panel will submit its report within three months from the date of its first meeting.
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cost of credit. It will also look at the
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Nabard Chairman Prakash Bakshi, will review the existing short-term co-operative credit on
various
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requirement of agriculture credit.
for the upcoming auction for spectrum, subject to conditions such as mortgaging the
spectrum to the lenders. The RBI had laid down a few pre-conditions for financing of telecom firms for the auction of airwaves to protect banks against potential defaults. The Union cabinet on 3 August 2012 approved a proposal that allows telecom companies bidding for airwaves to
14000 crore for the auction.
ndia Post on 9 August has chosen Infosys as its technology and consulting partnerto integrate its delivery of financial products across its network of 1.5 lakh post
would cost the postal service Rs.700 crore.
2012-13. It blamed the government and RBI of inaction despite slowing economy, as well as a poor monsoon. The research unit of ratings agency Moody's Investors Service
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oody's Analytics cut India's growth forecast to 5.5 percent for the fiscal year
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became the worlds largest bourse in terms of the number of trades in
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s per the latest global ranking compiled and published by the World Federation of Exchanges (WFE) in August 2012, the National Stock Exchange of India (NSE)
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offices in the country. The transformational project, part of the India Post 2012 initiative,
becomes the latest to cut India's growth forecasts this week. Earlier CLSA and Citigroup had cut their growth outlooks for India to 5.4 percent and 5.5 percent, respectively for the fiscal year ending in March 2013.
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mortgage spectrum to raise funds from banks. The government set a reserve or base price of Rs
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he Reserve Bank of India (RBI) permitted banks to lend to telecom companies
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It will mainly assess the role played by State and district cooperative banks in fulfilling the
segment of NSE in the January-June period of 2012, making it the worlds largest exchange on this parameter. NSE was followed by NYSE Euronext and Nasdaq OMX at the second and the
third positions. NSE is the second largest exchange globally after Korea Exchange for index options. Eurex was the third largest exchange worldwide in terms of total number of index
period in its equity segment. The total number of listed companies is much larger in case of the BSE, the exchange however lags behind NSE significantly in terms of volume and value of trades.
Jaipur on 4 August. It was inaugurated by Rajeev Kumar Agarwal, the member of SEBI.
The office will be responsible to look after all the regulatory aspects of investor protection, investor education and all the other responsibilities within Rajasthan state.
its upcoming power projects. This government response followed consistent Opposition
which meets over 40 per cent of the power demand in the State through its various thermal, hydel and other stations, has taken up new projects with installed capacity of 21,000 MW at a huge cost of over Rs.36,000 crore. The Chief Minister of A.P ,N. Kiran Kumar Reddy cleared a slew of measures to improve the electricity availability to consumers in the State and ensure seven-hour supply to farmers. These included a decision to give boost to renewable energy sources by facilitating establishment/completion of new projects based on wind and solar
units).
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energy on fast track mode as they were expected to add 1,000 MW to the grid (over 20 million
n yet another indication of slowdown, the Prime Minister's Economic Advisory Council(PMEAC) on 18 August, revised downwards its economic growth
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criticism that the Genco is being neglected by it vis--vis private developers. The undertaking
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he Andhra Pradesh government has decided to extend equity support up to Rs.4,000 crore to AP Genco during the next four years to facilitate early completion of
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equity segment for the first six months of 2012. A total of 735474 trades took place in the equity
its inflation forecast to 6.5-7% from an earlier estimate of 5-6% for the current fiscal. PMEAC Chairman C Rangarajan said , Food inflation is expected to remain high in the coming months.
manufacturing innovations, which will help prevent jobs going to India and China.
President Barack Obama said in a statement that,this institute would help make sure that manufacturing jobs of tomorrow take root not in places such as China or India, but right here in the United States of America. The National Additive Manufacturing Innovation Institute (NAMII), which will be based in Ohio, will be a public-private partnership initiative and has received $70 million as initial financial assistance.On March 9, Mr. Obama had announced
around the country that would serve as regional hubs of manufacturing excellence and help to make manufacturers more competitive and encourage investment in the U.S. According to the
additive manufacturing technology and products to become a global centre of excellence in this
and components from a digital model, and will have implications in a wide range of industries, including defence, aerospace, automotive, and metals manufacturing.
ndias leading car maker Maruti Suzuki India, on 16 august, announced termination of services of 500 regular workers and resumption of normal operations
Chairman R. C. Bhargava told that, they had issued termination notices to 500 regular worker
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and they had plan to lift the lock-out from August 21 and resume operations at the facility in phases. The company said termination notices had been issued to regular workers who were allegedly involved in the July 18 violent incidents that led to the death of a senior MSI executive,
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from August 21 at its violence-hit plant at Manesar, Haryana. Maruti Suzuki India (MSI)
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field. Additive manufacturing, often referred to as 3D printing, is a new way of making products
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White House, the NAMII will provide the innovation infrastructure needed to support new
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plans to invest $1 billion to catalyze a network of up to 15 manufacturing innovation institutes
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he United States administration has announced setting up of an institute for
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projections for the current fiscal to 6.7% from an earlier 7.5-8%. The PMEAC also raised
at the Manesar plant on July 21, stating the safety and well-being of its employees were paramount to the
coal blocks without bidding. The CAG report was tabled in the parliament on 17 August 2012.The CAG in its report stated that 57 coal blocks that were allocated to private companies during 2004-2009, extended them a windfall gain of 1.86 lakh crore rupees. The CAG report has also brought Prime Minister Manmohan Singh under scrutiny as he was holding the charge of Coal Ministry from 2006 to 2009. Besides, the CAG report also raised serious allegations
from Law and Justice Ministry. Tata Group, Reliance Power, Jindal Power and Steel, Abhijit Group, Bhushan Group, Electro Steel, OP Jindal Group were some of the major beneficiaries of the coal blocks distribution. The government has distributed about 150 coal blocks over the past
Jaiswal have been charged the Coal Ministry. The 1.86 lakh rupees scam is the biggest in the history of India as it surpassed the 1.7 lakh crore 2G spectrum scam.
Reliance Power, onto its agenda for the year 2012. The Public Accounts Committee
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(PAC) in its meeting on 23 August 2012 called for deterrent penal provisions against units in Special Economic Zones which default duty payments to the
exchequer. PAC in a report adopted in the meeting recommended an oversight mechanism
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arliament's Public Accounts Committee on 23 August 2012 decided to bring the three latest CAG reports on coal allocations, GMR-run Delhi airport and
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eight years. During this period Prime Minister Manmohan Singh, Shibu Soren and Prakash
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against the PMO which delayed the fair bidding process for coal blocks despite the clearance
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he Comptroller and Auditor General (CAG) of India in its audit report noted that Indias exchequer suffered a massive loss of 1.86 lakh crore due to the distribution of
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company.
Ashwani Kumar, and left nearly 100 others injured. Maruti Suzuki India had declared a lockout
of 22 SEZ units. The panel found that out of an overall export of Rs 7149.23 crore made by 22 SEZ units, the actual export content was only Rs 1999.27 crore (28%) and the remaining Rs
5149.96 crores (72%) related to Domestic Tariff Area earnings. The committee recommended that all SEZs undertake physical export of at least 51% of their product, and even import tax
on the credit account of the SEZ firms. It was noted that SEZ units could sell their goods, including by products, and services in DTA on payment of applicable duty including at nil rate with no requirement to payback the duty foregone on inputs used in the clearance of products. This policy will put SEZ units at a distinctly advantageous position compared to similar units in
pension sectors up to 49%. The Insurance and Pension Bills will now need Cabinet
approval before coming up before Parliament. These Bills have already made one trip to the Cabinet, but at the time it was for 26% FDI. When Pranab Mukherjee was the Finance Minister,
headed the finance portfolio, these bills were relooked and now the FDI limit stands at 49%. Whether the bills will come up for Cabinet approval or not, or what decision the Cabinet takes will be a political decision. Both these bills have seen strong opposition from the Mamata
introduced in the winter session of Parliament.
Development Fund in place of Pranab Mukherjee.Likewise, Department of Economic Affairs
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Secretary Arvind Mayaram has been appointed as India's alternate Governor.
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inance Minister P. Chidambaram has been appointed as India's Governor on the Board of Governors of the African Development Bank and African
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Banerjee led Trinamool Congress. But if the Cabinet clears these two bills, they will be
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they had gone to the Cabinet but they had deferred the decision. With P Chidambaram now
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he Finance Ministry has approved foreign direct investment in insurance and
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waivers raw material for goods falling under the Domestic Tariff Area (DTA) is to be considered
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which would ensure no misuse of the SEZ policy. The PAC panel based its findings on a sample
on milk and milk products from for another year till June
China
2013. The Directorate General of Foreign Trade (DGFT) said in a notification that, Prohibition on import of milk and milk products (including chocolates and chocolate products and candies/confectionary/ food preparations with milk or milk solids as an ingredient) from China is further extended till June 2013, or until further orders. The ban
had ended on June 24 this year. Imports of milk and milk products from China have been prohibited since September 24, 2008. Though the DGFT has not cited any reason for the ban, it is understood it was over fears of Chinese milk containing melamine, a deadly chemical.
the country under a newly formulated route, which allows pooling of funds for
investments in areas such as real estate, private equity and hedge funds. The approval has been given to all the seven AIFs by the Securities and Exchange Board of India in a period of less than one month, as per the information available with the market regulator. SEBI had notified its guidelines in May for AIFs, which are funds established or incorporated in India for the purpose of pooling in of capital from Indian and foreign investors for investing as per a pre-decided
was granted registration on July 23.
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policy. As per SEBI data, six AIFs registered with the regulator during August 2012, while one
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EBI has allowed seven Alternative Investment Funds (AIF) to set up shop in
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ndia on 26 August, extended the ban
cientists at the Birla Institute of Technology & Science (BITS) in Pilani have developed a new bio-sensor device to detect arsenic content in drinking
water. The device can be operated by a layman and is based on a rare combination of bioengineering and electronics. The hand-held device, the size of a
be immensely useful for millions of people inhabiting the river basins of the Ganga, Brahmaputra and Meghna in India and
Nearly 50 crore people are estimated to be at risk across Utttar
content in drinking water. High intake of arsenic along with malnourishment and lack of medical care worsens the life of people, especially children, in the arsenic-affected regions.
vanished vast areas of Siberia, and ruined the regions ecosystem. Fires have
destroyed 100,000 sq km of forests across Russia , an area bigger than Bihar since the start of the summer season this year, The situation is worst in central Siberia, where fires have ravaged 50,000 sq km of forests. More than 6,000 fire-fighters; a dozen aircraft; and hundreds of
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volunteers are fighting the fires in Siberia, but have so far failed to contain the calamity.
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ussian Ecologists said, Heavy forest fires spurred by hot and dry weather have
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Pradesh, Bihar, West Bengal and Bangladesh due to high arsenic
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Bangladesh reported to be affected by arsenic contamination.
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mobile phone and presently undergoing field testing, promises to
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Scienceand Technology
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traces of a paleo-river near Narmada. A paleo-
channel or paleo-river is an inactive river or water stream buried under sediment. Vishal Verma of the Mangal Panchayatam Parishad said, due to geological activities, the nearly 65 million year-old river might have been covered under basaltic lava. The current course of the Narmada is about 10 km from the site of the paleo-river, parallel to it.
he Union Cabinet on 3 August, cleared the Indian Space Research Organisations mission to Mars next year. The project, which comes on the heels of
study its atmosphere, with the help of the Polar Satellite
Launch Vehicle (PSLV).India joins the United States,
effort. The launch is slated for November next year from
December last. The spacecraft will have a scientific payload of 25 kg and is proposed to be placed in an orbit of 500x80,000 km around the planet. Sources in the ISRO said November was chosen, as the planet would be closest to the earth that time. The next such opportunity will come only in the summer of 2018. NASA is also said to be working on a Mars mission for November next year. The mission is estimated to cost about Rs.450 crore.
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there was a misconception that the combination of OH(hydroxyl radical) oxidant with sulphur dioxide was the reason behind the formation of gaseous sulphuric acid is formed in the
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cientists for the first time found evidence of another oxidant named X, which plays an important role in the formation of gaseous sulphuric acid in the atmosphere. Until now
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Sriharikota. The Space Commission gave its clearance in
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Russia, Europe, Japan and China in undertaking such an
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the Chandrayaan mission to the moon, envisages putting a spacecraft in the red planets orbit to
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group of researchers in Dhar district of Madhya Pradesh has claimed to have found
of oxidizing suphur dioxide. Experiments done by Scientists showed that the concentration of X also does not remain constant during the day.
newly discovered Australian spider measuring little more than a millimeter in length has been named after celebrated British scientist and
broadcaster David Attenborough. The minuscule arachnid, which
is found only on Horn Island, in Australia's Torres Strait, was named prethopalpus attenboroughi by its discoverers. Sources
Prethopalpus is commonly known as a goblin spider, making this
species Attenborough's goblin spider. Attenborough was presented with the honour at a ceremony in Perth where he was given a framed
picture of the spider. Attenborough, 86, was chosen for his love of nature and renowned ability to make science accessible over a career spanning six decades. It is not the first time the naturalist has received such an honour -- a 380-million-year-old fossil found in Western
materpiscis attenboroughi.
from a test range at Wheeler Island off Odisha coast. It has a strike range of 2000 km and the missile was inducted in the Army on 17 May 2010.The missile was launched by the strategic force command of Indian Army as a routine users trial. Agni-II is 20 metres long and capable of carrying a nuclear warhead weighing one ton. Agni-II was developed under the joint work of
Research Development Laboratory and Research Centre Imarat, while it was integrated by
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Bharat Dynamics Limited, Hyderabad. The Agni-II missile belongs to the genre of medium range ballistic missiles developed by India under the Integrated Guided Missile Development Program.
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advanced systems laboratory, the missile development laboratory of the DRDO, Defence
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ndia on 9 August 2012 successfully test-fired domestically built nuclear capable surface- to-surface two stage Agni-II ballistic missile. The missile was launched
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Australia in 2008 of a prehistoric mother fish giving birth was named
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atmosphere. The results are published on 9 August 2012 in Nature. The new oxidant is capable
August 2012. The one-tonne vehicle touched the surface of Mars after a 345-million-mile
expedition. The robot rover will now conduct a study to find out whether the planet was ever hospitable to life. The robot rover is set to spend nearly two years for the mission. NASA undertook the mission with an objective to determine whether Mars has ever had the conditions to support life. The ambitious project costed the US overnment about 2.5 billion dollar. The 900 kg rover has the top speed of about 4cm/s. Plutonium generators installed on the rover will deliver heat and electricity for at least 14 years. It is
equipped with tools to brush and drill into rocks, to
scoop up, sort and sieve samples. Rover is equipped with 17 cameras, which will identify particular targets, and a laser will zap those rocks to probe their chemistry.The findings of the mission will be delivered to Earth through antennas on the rover deck.
farmers the right quantity of fertilizers that they should use in their soils for a
particular type of crop. The software takes into account the soil type in different districts of the country and available nutrient in the soil. It takes into consideration the crop and cropping
districts in 11 states- Andhra Pradesh, Bihar, Chhattisgarh, Haryana, Himachal Pradesh, Karnataka, Maharashtra, Orissa, Punjab, Tamil Nadu and West Bengal.
Airborne
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ndia on 17 august, made a major breakthrough in mounting an electronic eye in the sky, taking delivery in Sao Jose dos Campos in Brazil, of the first Embraer 145 Early Warning and Control Aircraft, built with Indian
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technology. The first of the three AEW&C aircraft comes equipped with Indias first-ever airborne Active Electronic Scanned Array (AESA) radar, giving it the capability to detect missiles and hostile fighters at all angles.The aircraft was delivered at an official ceremony held
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season in calculating the nutrient requirement. This system is presently available for all the
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he Indian Institute of Soil Science developed a web-based system for advising
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he US space agency NASA landed Curiosity, a huge new robot rover on Mars on 5
Indian and Brazilian defence officials. The new aircraft would give the Indian Air Force capability of operating both the longer range Israeli-made IL-76 Phalcon AWACS as well as the shorter range Brazilian EMB 145. India already has acquired three Israeli AWACS and is in the process of getting two more.India and Brazil signed a deal reportedly worth $ 210 million for the supply of three aircraft by 2014. This includes a comprehensive logistic package that entails training,
third largest commercial aircraft manufacturer, behind American Boeing and Europes Airbus. The Indian Air Force already operates four Embraer Legacy 600 jets to transport government officials and foreign dignitaries. A fifth one is operated by Indias Border Security Force.
August. The test was carried out to check the validity of its engine and duration enhancement. The aircraft is remote-controlled from the ground and designed to provide training to both airborne and air defence pilots. Lakshya-1, fitted with an advanced digitally controlled engine
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and is a sub-sonic, re-usable aerial target system.
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ndias indigenously developed, micro-light pilot-less target aircraft Lakshya-1 was successfully test flown from the Integrated Test Range at Chandipur,Odisha on 23
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technical support, supply of spare parts and ground support equipment. Embraer is the worlds
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at Embraers headquarters in Sao Jose dos Campos in Brazil in the presence of top
and Research Scientist from the famed Harvard
University, Dr Mukesh Hariawala, has been unanimously selected by the National Healthcare jury to be honored with the prestigious 'India's Most Admired Surgeon 2012
Hilton Hotel on 21st September, will have in attendance top dignitaries from government, celluloid personalities,
industrialists and eminent public figures, led by Maharashtra Governor Shri K. Sankaranarayanan,
National Sadbhavna Award on 4 August. Congress treasurer Motilal Vora, who is
member secretary of Rajiv Gandhi National Sadbhavana Award
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"his
enowned social worker D.R. Mehta was selected for the 20th Rajiv Gandhi
an
said
statement that the award was given to Mehta for
promotion of communal harmony, peace and
anniversary of former prime minister Rajiv
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Gandhi, carries a citation and a cash award of Rs.5 lakh. Mehta is founder of Bhagwan Mahaveer Viklang Sahayata Samiti (BMVSS), a Jaipurbased NGO that helps the physically challenged, particularly the poor, by providing devices such
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goodwill". The award, given on the birth
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Award'. The glittering ceremony to be held at Mumbai's
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AwArds And Honors
Bismillah Khan, Lata Mangeshkar, Sunil Dutt, S.N. Subbarao and Dilip Kumar.
winners of this years World Environment Day
Challenge organised by the UN for inspiring environmental action. Hand in Hand India brought together over 500 volunteers to create a colourful 10,000 square foot rangoli carpet depicting
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had challenged people across the world to pledge an environmental
activity in connection with this years World Environment Day, which was observed on June 5.
prize instituted by Russian entrepreneur Yuri Milner for researchers in the discipline. Ashoke Sen, a professor in Physics faculty of the
outskirts and funded by the Department of Atomic
for the inaugural group of nine recipients of the Fundamental Physics Prize this year when he was abroad last week. Sen, 56, who is known for his research on the 'String Theory', is an alumni of the prestigious Presidency College at Kolkata and IIT- Kanpur. He has been associated with premier US-based institutes like Fermilab and Stanford Linear Accelerator Centre, besides the Tata Institute of Fundamental
number of prizes like the International Centre for Theoretical Physics Prize (1989), S S
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Bhatnagar Award (1994). He was elected Fellow of the Royal Society in 1998. Yuri Milner is said to have himself studied Physics at the under-graduate level before dropping out of college and making billions by investing in companies like Facebook. According to the Fundamental Physics
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Research at Mumbai. Sen had received the Padma Shri in 2001, besides being honoured with a
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Energy (DAE), received the news on, that he was selected
an
Harishchandra Research Institute, situated at the city
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shok Sen, an Indian physicist currently on the faculty of an Allahabad-based research institute has become a proud recipient of USD three million (about Rs 16.75 crore) cash
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environmental themes. The UN Environment Programme (UNEP)
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Chennai-based development organisation, Hand in Hand India, is among the five
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as artificial limbs and callipers. Former recipients of the award include Mother Teresa, Ustad
duality in certain super- symmetric string theories and gauge theories, opening the path for the realisation that all string theories are different limits of the same underlying theory".
n a rare honour, eminent Urdu litterateur, Padmabhushan award winner, Professor Gopi Chand Narangs(81) name figured in the list of civilian
honours announced by Pakistan on the eve of its Independence Day. Prof. Narang has been conferred Sitara-i-Imtiaz (Star of
nation.The legendary writer Saadat Hasan Manto ( Nishan-i-Imtiaz ),
ghazal maestro Mehdi Hassan ( Nishan-i- Imtiaz ) and eminent poet Josh Malihabadi ( Hilal-i-Imtiaz ) are also figured in the list of award winners. In the past, former Prime Minister Morarji Desai and matinee idol Dilip Kumar have been bestowed Pakistan's highest
civilian honour, Nishan-i-Imtiaz .The investiture ceremony will take place in Pakistan on March 23, 2013, Pakistan's Republic Day.
Patnaik has been selected for the award in recognition of his more than 25 years of concern and dedication to the victims of leprosy in India and for his direct involvement in making the multi-drug therapy available to the people affected by leprosy and goal to eliminate leprosy from the State, which has been achieved. The Damien-Dutton Society for Leprosy AID INC was founded in the year 1944 by the Staff Sgt Howard E Crouch, Medical Corps US Army.Dr
by the Governor since 1996.
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Patnaik is also Honorary Secretary, Hind Kustha Nivaran Sangh, Odisha State Branch appointed
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r PKB Patnaik has bagged the Damien-Dutton Award for 2012. He is now working as the State Leprosy Officer , Odisha. Dr
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Excellence), the third highest civilian honour bestowed by the
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Prize Foundation's website, Sen was chosen "for uncovering striking evidence of strong-weak
the Gruber Cosmology Prize 2012 in Beijing at the opening ceremony
of the 28th Conference of the International Astronomical Union on 22 August 2012. This award was given to him acknowledging his immense contribution to the world of physics. Bennett, a prominent physicist, led a 26-member team that worked on NASA's Wilkinson Microwave Anisotropy Probe. The findings of the
study helped astronomers refine their understanding of the age, shape and makeup of the universe.
SportS
including his record seven Tour de France titles, and banned him for life from the sport that made him the hero of millions of cancer survivors, after concluding he used banned substances. The USADA said it expected cyclings governing body to take similar action, but the International Cycling Union (ICU) was measured in its response, saying it first wanted a full explanation on why Armstrong should relinquish the Tour de France titles he won between 1999 and
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2005.Armstrong, who retired a year ago, said on that he would no longer challenge USADA and declined to exercise his option of entering arbitration. While announcing
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hysics professor of Johns Hopkins University, Charles L Bennett, was awarded with
USADAs investigation a witch hunt .The International Olympic Committee said it
Armstrong, who won a bronze medal at the 2000 Sydney Games.
would be retiring from international cricket with
immediate effect."It's been 16 years since I have made my international debut for India and I think it is the right time to
move on," said an emotional Laxman after announcing his retirement in Hyderabad. Laxman was also picked for the forthcoming India-New Zealand two-Test series but the stylish Hyderabadi stunned the cricket fraternity by calling it quits with immediate effect. Laxman has played 134 Tests, amassing 8,781
Hyderabadi has pouched 135 Test catches too. Test debut : vs South Africa at Ahmedabad, 1996 M - 134; Runs - 8,781; Avg - 45.97; 100s - 17; Top Score - 281
ODI debut : vs Zimbabwe at Cuttack, 1998 M - 81; Runs - 2,338; Avg - 30.76; 100s - 6;
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runs at an average of 45.97 and hitting 17 hundreds. The
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eteran Indian batsman VVS Laxman announced on 18 August that he
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the decision, he again denied taking banned substances during his career and called the
sportsperson will be awarded Arjuna Awards this year, while Rajiv Gandhi
of India will grant them awards at the Rashtrapati Bhawan on August 29. Selection committee was headed by Rajyavardhan Singh Rathore. Vijay Kumar won a silver in the 25m rapid fire event and Yogeshwar won a bronze in 60kg free
prize of Rs. 7.5 lakh each along with medal and a
Arjuna
Award.Arjuna
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citation. Yuvraj Singh will be awarded with the Awardees will receive
each.Normally only 1 Rajiv Gandhi Khel Ratna award is given every year to an individual
than 15 awards are to be given in any calendar year.However in certain conditions the rules can be relaxed. 25 sportsperson for Arjuna Awards 2012 are: Deepika Kumari (Archery), Laishram Bombayla Devi (Archery), Sudha Singh (Athletics),Kavita Ramdas Raut (Athletics), Ashwani Ponnappa (Badminton), Parupalli Kashyap (Badminton), Aditya S Mehta (Billiards and Snooker), Vikas Krishan (Boxing), Yuvraj Singh (cricket),Sardar Singh (Hockey), Yashpal Solanki (Judo), Anup Kumar (Kabaddi), Samir Suhag (Polo), Annu Raj Singh (Shooting), Omkar Singh (Shooting), Joydeep Karmakar (Shooting), Dipika Pallikal (Squash), Sandeep Sejwal (Swimming), Ng. Sonia Chanu (Weightlifting), Narsingh Yadav (Wrestling), Rajinder Kumar (Wrestling), Geeta
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Phogat (Wrestling), M. Bimoljit Singh (Wushu), Deepa Mallick (Athletics Paralympics), Ramkaran Singh (Athletics Paralympics).
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statuettes, citations and cash prize of Rs. 5 lakh
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Khel Ratna will be jointly given to vijay kumar and yogeshwar dutt.President
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nion government announced the Arjuna awards on 19 August in New Delhi.25
2012. Wrestling coach Yashvir Singh, Boxing Coach BI
Sunil Davas, Parathletics Coach Dr. Satyapaul and Hockey Coach Harinder Singh are the six names who have been selected for the coveted award.The Dronacharya Award was instituted by the government of India in 1985. The award carries five lakh
sports for their noteworthy contribution. The awards will be
the National Sports Day.
orld number one Roger Federer defeated Novak Djokovic 6-0 7-6 to win his sixth ATP Cincinnati
Na defeated German Angelique Kerber 1-6 6-3 6-1 to win
Rohan Bopanna lost in the finals by Sweden's Robert Lindstedt
replacing England. The feat was achieved after its 2-0 victory over England in
the three Test-match series, which ended at Lords Cricket Ground in London on 21 August 2012. Australia and Pakistan stood at third and forth positions. India stands on fifth position.
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outh Africa stood as the Worlds Number One Test Cricket team
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and Romania's Horia Tecau 4-6, 4-6 in straight sets.
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Msters title of the year. In the womens singles China's Li
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presented by President Pranab Mukherjee at Rashtrapati Bhawan on 29 August 2012,
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Fernandez, Athletics Coach Virender Poonia, Kabaddi Coach
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ix sporting coaches were recommended for the Dronacharya Awards
The 30th summer Olympic event was inaugurated at Olympic Stadium at the
in 26 sports events in this Olympics. At the end of the game US topped the medal tally with a total of 104 medals (46 Gold+29 Silver+ 29 Silver) followed by China with 88 medals (38 Gold+27 Silver+23 Bronze). Great Britain with 65 medals (29 Gold+17 Silver+19 Bronze), Russia with 82 medals (24 Gold+26 Silver+32 Bronze) and South
respectively. India with 6 medals (2 Silver+4Bronze) finished 55th on the medal tally.
These are two ultra-modern one- eyed creatures. Total 4700 medals ( Gold, Silver, Bronze) were there at the London Olympics 2012. The Olympic medals weigh
gold medals are not actually made of solid gold. They are
in fact 92.5 percent silver
the rest is copper. On every
Summer Olympics will be held in Reo de Janeiro, Brazil in 2016.
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medal there is the image of Nike, the Greek Goddess of victory. The 31st edition of
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and 1.34 percent gold, while
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he mascots of London Games-2012 were Wenlock and Mandeville. While Wenlock is a mascot of Olympics, Mandeville is mascot for Paralympics.
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Korea with 27 medals (13 Gold+8 Silver+6 Bronze) finished third, fourth and fifth
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Olympic Park in East London on 27 July 2012. Nearly 10500 athletes were participated
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he London Olympics 2012 concluded in London on 12 August 2012.
Jamaican sprinter Usain Bolt won three gold in three separate events (100 meter race,
200 meter race and 4X100 meter relay team race). With a storming victory in both 100 and 200 meters race he became the only sprinter in the history to defend both Olympic
Dan Lin of China beat Malaysian Chong Wei Lee to clinch Badminton mens singles gold
Mexico beat Brazil 2-1 to win Soccer gold
United States defeated Spain to win mens Basketball gold Andy Murray of Great Britain beat Roger Federer of Switzerland to win tennis mens singles gold
Michael Phelps bagged 6 medals(4 Gold+2 Silver) in swimming, becoming the most decorated Olympian ever with 22 medals. Russia defeated Brazil to win mens volleyball gold.
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here were total of 83 athletes participated from India for 13 Events. India has won 6 medals in London Olympics 2012 (2 silver and 4 bronze). Sushil Kumar was the flag bearer in the opening ceremony and Mary Kom was the flag bearer at the closing ceremony. Gagan Narang won the first medal to India (bronze) in the mens 10 metre air rifle event. Here is the List of the Winners from India.
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India in the London Olympics 2012 :
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Germany beat Netherlands 2-1 to win mens hockey gold.
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Some of the winners at London Olympics 2012:
Vijay Kumar (The Second Medal Winner - Silver - Pistol Event) Vijay Kumar won 2nd Medal (Silver) in Pistol event. The Arjuna awardee of the year 2007, Vijay Kumar won Second Olympic medal (Silver) Medal for India in Men's 25m Rapid Fire Pistol Event on August 3 2012 (Friday). He was a Multiple Commonwealth Games Gold medallist and earned Olympic quota place when he clinched the silver medal at the shooting World Cup in Fort Benning, US in May, 2011. It was his second silver at the shooting World Cups after clinching it before at Beijing in 2009. He came to limelight after he won an impressive three gold medals and a silver at the 2010 Commonwealth Games in New Delhi.
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Saina Nehwal won the 3rd Medal (Bronze) in Badminton. The Hyderabad badminton player Saina Nehwal won Bronze medal in Women's Singles Badminton event on today ie 4th August 2012 (Saturday). She won bronze medal after world No. 2 China's Wang Xin retires due to injury in the play off at London Olympics on Saturday.She is the first Indian shuttler to play in an Olympic semi-final.
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Saina Nehwal (The Third Medal Winner - Bronze Badminton)
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Gagan Narang wins India's first medal (bronze) in 10m air rifle event in London Olympics. Gagans score in the final round 10.7, 9.7, 10.6, 10.7, 10.4, 10.6, 9.9, 9.5, 10.3, 10.7 (no need to remember all these numbers, we are giving them for the information's sake). Narang, a two-time world record setter, had won four gold medals in the 2010 Delhi Commonwealth Games and followed that up with two silver in the Guangzhou Asian Games a month later.
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Gagan Narang (The First Medal Winner - Bronze - Air Rifle Event) :

Mary Kom (The Fourth Medal Winner - Bronze - Boxing) Mary Kom won the 4rd Medal (Bronze) in Boxing. The Manipuri based Indian boxer, took bronze at the London Olympics 2012 on Wednesday (Date : August 8th 2012) after bowing out in semi-finals. She went down to Great Britain's Nicola Adams (second seed) in the women's 51kg semi-finals and will receive a bronze medal. She is a five-time world champion and the only woman boxer to have won a medal in each one of the six world championships. She is the only Indian woman boxer to have qualified for the 2012 Summer Olympics, competing in the 51 kg category, where she is currently ranked world no. 4 by AIBA.
Yougeshwar Dutt (The Fifth Medal Winner - Bronze Boxing) Yougeshwar Dutt won the 5th Medal (Bronze) in Wrestling. He is from Sonepat in Haryana. The 29-yearold experienced grappler showed tremendous fighting spirit and exhibited excellent technique against three very strong rivals in the repechage rounds to clinch India's Fifth Medal of the Games. Important Note : This is (bronze) India's third wrestling medal in the Olympic history after Khashaba Jadhav's bronze in 1952 at Helsinki and Sushil Kumar's similar feat four years ago in Beijing. Sushil Kumar (The Sixth Medal Winner - Silver Wrestling) Sushil Kumar won the 6th Medal (Silver) in Wrestling. He has won Silver Medal in the Men's Wrestling - 66 kg Freestyle event of London Olympics on Sunday (Date : August 12 2012). He lost the Olympic gold to Japan's Tatsuhiro Yonemitsu. So, Kumar will come home with a silver Medal.
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last democratically elected leader in the coup-plagued
South Pacific nation, was sentenced to 12 months jail on 3 August after being found guilty of corruption. Mr. Qarase,
who became prime minister in 2000 and was ousted in a military coup six years later, was convicted on nine charges
of abuse of office and failing to discharge his duty when he was a public servant in the 1990s. The charges related to his
time as a director of a government investment company called Fijian Holdings from 1992 to 1995, when prosecutors said he put the interests of his family and home village before the public.
august, will be the next Leader of the Lok Sabha, the first
Parliamentary Affairs Minister Pawan Kumar Bansal, informing him of the nomination.Shinde is a seven time MLA and three time MP from Maharashtra.
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Dalit to hold that job. Prime Minister Manmohan Singh wrote to
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ushil Kumar Shinde(71)- the Union Home Minister on 3
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aisenia Qarase- Former Fiji Prime Minister, the
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PeoPle in news
Uttar Pradesh cadre, is all set to become an Election
Commissioner. A formal notification is expected from President Pranab Mukherjee. Prime Minister Manmohan Singh has already approved his appointment. The vacancy in the three-member Election Commission arose after Chief Election Commissioner S.Y. Quraishi
retired on June 10. V.S. Sampath was appointed in his place. H.S. Brahma is the other Commissioner.
Gorkhaland Territorial Administration (GTA) on 3
august, by the elected and nominated members of the new regional autonomous body.The members of the GTA, that replaces the Darjeeling Gorkha Hill Council (DGHC), will be sworn in Darjiling on 3 august.
enu
Rajamony-A
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am
the
imal Gurung- president of the Gorkha Janmukti Morcha (GJM), was elected Chief Executive Officer of the
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Service, assumed charge as Press Secretary to the President on 2
August. He took over from Archana Datta, who served as OSD to Pratibha Patil. A career diplomat, Mr. Rajamony has served as Joint Secretary in the Department of
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Cabinet cleared the appointment of Mr Rajan as the new CEA on 10 august.Mr Rajan, known for his frank views, was also honorary economic advisor to Prime Minister Manmohan Singh. At
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AGHURAM G RAJAN- Former IMF chief economist, has been appointed as the Chief Economic Advisor in the Finance Ministry. The Appointments Committee of
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Economic Affairs in the Finance Ministry.
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yed Nasim Ahmad Zaidi(60)- a 1976 batch IAS officer of the
School of Business. He is also highly acclaimed for predicting the 2008 global financial crisis.An Alumni of IIM-Ahmedabad and IIT-Delhi, Mr Rajan did his doctorate from Massachusetts Institute of Technology.The position of the CEA has been lying vacant since Kaushik Basus term ended on July 31. Mr Basu would now return as a professor in Cornell University.Mr Rajan was also involved with the report on Financial Sector Reforms, which was authorised by the Planning Commission.
has elected on 21 July Mr Rakesh Singh as its new President. He has
replaced Mr M. Gopalakrishnan. Earlier, Mr Singh was the Vice- President of the institute. Meanwhile, Mr S.C. Mohanty has been elected as the VicePresident of the institute. Both Mr Singh and Mr Mohanty will hold the post for the year 2012-13.
lensman and had worked with prominent filmmakers like Subhash Ghai, Rajiv Rai and MF Husain. He was the director of photography in films like 36 Chowringhee Lane, Utsav, Trikal, Khalnayak, Bandit Queen, Chalte Chalte, Gajgamini, Trimurti, Khalnayak, Moksha and Ram Lakhan. He also launched modelturned-actor Arjun Rampal in 'Moksha' opposite Manisha
some movies.
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Koirala. A true Renaissance Man, he even wrote and acted in
ilasrao Deshmukh(67)- The Union Minister for Science and Technology and Earth Sciences died of multiple organ failure at the Global Health City Hospital in Chennai on 14
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shok Mehta(65)- One of India's most accomplished cinematographers, who had been critically ill from lung cancer, passed away on 15 August. Mehta was an award-winning
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AKESH SINGH-The Institute of Cost Accountants of India (ICAI)
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present, he is a professor in the University of Chicagos Booth
district, in Maharashtra. He first became the Chief Minister of Maharashtra after 1999 state assembly elections. He remained on the position till 2003. Again he became the chief minister in the year 2004 but he resigned from the post following the Mumbai Terror Attack on 26 November 2008.In 2009, Deshmukh was elected to the Rajya Sabha
and was made the Minister of Heavy Industries and Public Enterprises.
Later he became the Minister for Rural Development replacing Manishankar Aiyyar.
charge after Vilasrao Deshmukh, who was holding the portfolio passed away on 14 August 2012.Vayalar Ravi is also holding the portfolio of Union Ministry of Overseas Affairs. Besides he also holds the charge of Ministry of Earth Sciences and Ministry of Micro, Small and Medium Enterprises.
Deputy Chairman of Rajya Sabha. Kurien has been the M.P for the last three decades
the Rajya Sabha.The Deputy Chairman is elected in the meeting of the Rajya Sabha as decided by Chairman of the Rajya Sabha from amongst the members of the Rajya Sabha. He is supposed to resign from his original party because as a Deputy Speaker, he has to remain impartial.Deputy Chaiman of Rajya Sabha acts as the
Rajya Sabha, the Vice-President of India.
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Presiding Officer in case of leave or absence of the Chairman of
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representing Idukki, and Mavelikkara Lok Sabha constituencies. Since 2005 he is a member of
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J Kurien- Congress leader, was unanimously elected as the
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ayalar Ravi- assumed charge as the Union Minister for Science and Technologyon 21 August 2012. He was allocated the
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August 2012. He was born on 26 May 1945 in Babhalgaon, Latur
batch IRS officer, as Chairman of Central Board of Direct Taxes
(CBDT) on 21 August 2012. Prior to her appointment as CBDT Chairman, Saxena worked as Director General (Investigation) in Jaipur for three years. CBDT is responsible for administration of direct tax laws through the Income
direct taxes.
Presidential Innovation Fellows who will work on five high-impact projects in the
US capital. Selected from an applicant pool of nearly 700 innovators from across the country, the Fellows would spend six months in Washington DC to work on five high-impact projects aimed at supporting entrepreneurs, small businesses and the economy, while significantly improving how the Federal Government serves the American people. Mr. Mehta, the only Indian-American to be present in this list of 18 fellows, would
Initiative will work to transition the last mile of international development assistance payments from cash to electronic methods - lowering administrative costs, promoting financial inclusion, and reducing theft, fraud, and violence, the White House said. A member of TiE Silicon Valley,
Entrepreneur of the Year 2010 Award from Ernst & Young for Northern California. The fellows - the first of its kind initiative of the White House - was announced by the US Chief Technology Officer, Todd Park.
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Siddipet,Medak dt, A.P. Rajaiah rose to fame by focusing his paintings on the idiom of Telangana culture, pastoral life and simple village folks. His works were often
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apu Rajaiah(87)- Famous folklore artist, passed away on 20 august, at his residence at
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Mr Mehta is founder & CEO of PlaySpan, which was acquired by Visa in March 2011.He won the
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work on The 20 per cent Initiative programme. The 20 per cent
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Tax Department and also provides essential inputs for policy and planning of
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oonam Kishore Saxena The Union Finanace Ministry appointed, P.K.Saxena, a 1975
Academys national award, Kala Vibhushana by All India Fine Arts and Crafts Society, gold medal at All India Art Exhibition, Patna and Kerala Buddha Jayanthi
festival, first prize in Dussehara exhibition, Mysore and awards at All India Exhibitions at Gwalior and Bangalore. The Andhra Pradesh Government felicitated him with Rajata Patra
doctorate from the JNTU, Hyderabad.Lalita Kala Samithi etablished by him in Siddipet trained several budding artists.
ishiram Rana - Former Textile Minister Kashiram Rana, Who had who had recently quit the Bharatiya Janata Party (BJP) and joined hands
Chief Minister Narendra Modi, died here on 30 Aug by massive heart attack.He was 74.
features in the cover page of the Time Magazine. Aamir Khan is
actors who have featured before on Time cover are Aishwarya Rai Bachchan, Shah Rukh Khan and Parveen Babi. Parveen Babi became the cover girl of Times July 1976 issue, after acting in super hit flick Deewar. The cover story was titled Asias Frenetic Film Scene.On one of
The magazine mentioned: Aishwarya Rai leads the invasion as
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Bollywood goes global and becomes hip.
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2003 issues, Aishwarya Rai Bachchan was called New Face Of Film.
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featured on the cover of Time with the caption Khans Quest. Bollywood
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mir Khan - The most successful Tv show Satyamev Jayate made Amir Khan
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with the former Gujarat Chief Minister Keshubhai Patel in his tirade against
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in 1966.He also earned the title of Chitra Kala Prapurna in 1975. He received an honorary
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compared with those of Jamini Roy.He won several awards and these include Lalit Kala
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ell its nice to have people interested in something we do. We would like to listen when people saying Those are the people who helped me cracking my exam. If you found this small book interesting and enlightening, we would appreciate if you tell your Friends, Family and Colleagues about Us. If you dont like, then please mail us Why you dont like our effort so that we will try to improve ourselves. Our mail id is Guide4BankExams@gmail.com Thats all for now friends. Happy Reading
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the bloodshed there never received

government deployed fighter jets

against rebels armed with tanks capital

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the support it deserved. As Syria's

complaining that his initiative to end

Borders (MSF) and Action Against Hunger

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has killed at least 13 people in

fever, weakness, headache, vomiting and impaired

constitution billed as a key step to ending decades of civil war

traditional elders in a U.N.-backed process took eight days to debate

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omalias Constituent Assembly on 1 August , endorsed a draft

n outbreak of the deadly Ebola virus

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subsequently elect a new President.

Pervez Ashraf to appear before judges for he failed to write Swiss

court from disqualifying current Prime

against President Asif Ali Zardari.

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that the legislation was meant to prevent

new Parliament to be selected by traditional elders, with that Parliament to

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into an agreement in Adis ababa on 5

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udan and South Sudan have come

gave up its plan to build nuclear armaments.

Sanctions, Accountability, and Divestment Act of 2010 (CISADA), put punitive

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the Sikh Temple of Wisconsin, a Gurdwara, in what appeared to be a hate

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troops to the island chain.

agreed to make a "one-off payment" to Khartoum of some $3 billion to cover the

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border guard vessels. By

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announced his resignation earlier this

government to strip it of its diplomatic status and storm

its embassy in London to

holed up at the embassy

since seeking refuge there in June to avoid extradition to

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conditions. He has been

he United Nations on 17 August, has announced that Algerian diplomat

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suspended by his employers CNN and Time magazine after he admitted

to plagiarism and apologized for the

by CNN and Time magazine after he

of an article he wrote on gun control for

issued an apology saying he had made a

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Time, from the New Yorker magazine. He

admitted that he had plagiarised portions

ethical lapse. Mr Zakaria, was suspended

oted Indian-American journalist and author Fareed Zakaria(48) has been

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and Beijing have been

the island chain, known

as the Senkaku in Japan the Diaoyu in

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August Month's Current Affairs - Guide4BankExams

August Month's Current Affairs - Guide4BankExams