1. V V S Laxman retires from international cricket
Hyderabadi Stylish Batsman V V S Laxman has announced his retirement from the international cricket. He proudly served the country’s cricket for 16 years.
2. KC Chakrabarty reappointed as RBI Deputy Governor
Dr. K. C. Chakrabarty has been re-appointed as Deputy Governor of Reserve Bank of India. A RBI press release informs that his tenure will now last upto 30th June, 2014, that is till he attains the age of 62 years or until further orders.
Chakrabarty was appointed as RBI’s Deputy Governor in 2009 for a period of three years. He handles departments like customer services, administration and personnel management, rural planning and credit and urban banks.
3. Rajyavardhan Singh Rathore appointed as the head of Rajiv Gandhi Khel Ratna Awards Committee
Rajyavardhan Singh Rathore, the silver medallist of Athens Olympics 2004, was named the head of the 15-member committee, set up to select the Rajiv Gandhi Khel Ratna Awardee and Arjun Award winners. Aslam Sher Khan, the former hockey team skipper, was named the head of the 15-member committee that will select the Dronacharya Awardees.
4. Lakhdar Brahimi was appointed the New UN Arab League Envoy for Syria
Algerian diplomat Lakhdar Brahimi was appointed the new UN-Arab League envoy for Syria. He will succeed Kofi Annan, who resigned earlier this month after his six-point peace plan failed to achieve a meaningful cease-fire. Lakhdar Brahimi will be known as the Joint Special Representative for Syria.
5. M&M signed MoU with Oriental Bank for Personal and Commercial Vehicle Financing
Mahindra & Mahindra signed an MoU with the Oriental Bank of Commerce (OBC) for personal and commercial vehicle financing. Customers of Mahindra & Mahindra will be able to take advantage of these services at any of OBC’s 1808 branches. M&M has 250 dealer outlets.
6. Gujarat state Government announced a Comprehensive Ban on Gutka
Gujarat state government on 15 August 2012 announced a comprehensive ban on gutka, which will come into effect from 11 September 2012. From this date, the production, storage, sale and distribution of gutka shall be banned in the state.
7. India cuts number of items in sensitive list for SAARC NLDC members
India has reduced the number of items in the sensitive list for South Asian Association for Regional Cooperation(SAARC)'s Non-Least Developed countries (NLDCs) like Pakistan. This move will further expand trade in goods in the region. The Cabinet approved reduction of 30 per cent or 264 such items for NLDCs that are contained under the South Asia Free Trade Agreement (SAFTA).
8.Barclays Bank slammed for lack of internal control
ABritish parliamentary investigation into the rigging of rates, which banks lend money to each other, has strongly criticised Barclays Bank for lack of internal controls over several years. The MPs also said former Head of the Bank Bob Diamond provided highly selective evidence to its committee.
9. IOA set up Three-Member Committee to resolve Issues in Indian Hockey
The Indian Olympic Association set up a three-member committee to resolve the issues in Indian Hockey. Hockey India and the Indian Hockey Federation, the two bodies for Hockey in India have been asked to present their stand before the committee on 21 August 2012.
The committee has been set up following the directions from the International Hockey Federation in July 2012. The three-member committee will have former Wrestling Federation of India president GS Mander, the Indian Weightlifting Federation president Birendra Prasad Baishya and the Handball Federation of India secretary-general SM Bali as its member. The committee will submit its report on 31 August 2012.
10. India to cut Import Duties on 234 Items from Pakistan
Union Cabinet approved the Commerce Ministry’s proposal to cut down the list of sensitive items under South Asian Free Trade Agreement (SAFTA) for Pakistan by 30 percent. Besides, India will also cut import duties on about 234 items from Pakistan under the bilateral trade normalisation programme. The cabinet, however, made it clear that the India will follow these measures only when Pakistan reciprocates with the same gesture and allows goods to be traded through the land routes
11. SC:It will not allow resumption of Mining Activities of Iron Ore in Karnataka
The Supreme Court of India would not allow resumption of mining activities of iron ore in Karnataka unless there is a statutory compliance and full implementation of reclamation and rehabilitation measures.
A special forest bench headed by Justice Aftab Alam accepted all recommendations of August 16 report of the apex court-appointed Central Empowered Committee. The Apex Court directed the authorities in Karnataka to fully cooperate in the implementation of the suggestions.
12. Hoppr launched its Service in Chennai to allow Users explore Rewards and Offers
Hoppr launched its service in Chennai to allow users explore rewards and offers available with brands and merchants in a locality. Hoppr is a brand of Y2CF Digital Media, which is funded by Bharti SoftBank.
Y2CF has tied up with six mobile service providers - Airtel, Aircel, Idea, Reliance, Tata Docomo and Vodafone – to provide the Hoppr service.
13.American Space Agency, NASA, has unveiled its programme for Curiosity
American Space Agency (NASA) has unveiled its programme for Curiosity
the one tonne mobile laboratory that landed on Mars, twelve days ago on a mission to look for signs of micro biological life. Its next task is to test its laser on a rock dislodged by the descent. As the laser vaporizes its surface, scientists will observe the colours to work out what the rock is made of.
Hyderabadi Stylish Batsman V V S Laxman has announced his retirement from the international cricket. He proudly served the country’s cricket for 16 years.
2. KC Chakrabarty reappointed as RBI Deputy Governor
Dr. K. C. Chakrabarty has been re-appointed as Deputy Governor of Reserve Bank of India. A RBI press release informs that his tenure will now last upto 30th June, 2014, that is till he attains the age of 62 years or until further orders.
Chakrabarty was appointed as RBI’s Deputy Governor in 2009 for a period of three years. He handles departments like customer services, administration and personnel management, rural planning and credit and urban banks.
3. Rajyavardhan Singh Rathore appointed as the head of Rajiv Gandhi Khel Ratna Awards Committee
Rajyavardhan Singh Rathore, the silver medallist of Athens Olympics 2004, was named the head of the 15-member committee, set up to select the Rajiv Gandhi Khel Ratna Awardee and Arjun Award winners. Aslam Sher Khan, the former hockey team skipper, was named the head of the 15-member committee that will select the Dronacharya Awardees.
4. Lakhdar Brahimi was appointed the New UN Arab League Envoy for Syria
Algerian diplomat Lakhdar Brahimi was appointed the new UN-Arab League envoy for Syria. He will succeed Kofi Annan, who resigned earlier this month after his six-point peace plan failed to achieve a meaningful cease-fire. Lakhdar Brahimi will be known as the Joint Special Representative for Syria.
5. M&M signed MoU with Oriental Bank for Personal and Commercial Vehicle Financing
Mahindra & Mahindra signed an MoU with the Oriental Bank of Commerce (OBC) for personal and commercial vehicle financing. Customers of Mahindra & Mahindra will be able to take advantage of these services at any of OBC’s 1808 branches. M&M has 250 dealer outlets.
6. Gujarat state Government announced a Comprehensive Ban on Gutka
Gujarat state government on 15 August 2012 announced a comprehensive ban on gutka, which will come into effect from 11 September 2012. From this date, the production, storage, sale and distribution of gutka shall be banned in the state.
7. India cuts number of items in sensitive list for SAARC NLDC members
India has reduced the number of items in the sensitive list for South Asian Association for Regional Cooperation(SAARC)'s Non-Least Developed countries (NLDCs) like Pakistan. This move will further expand trade in goods in the region. The Cabinet approved reduction of 30 per cent or 264 such items for NLDCs that are contained under the South Asia Free Trade Agreement (SAFTA).
8.Barclays Bank slammed for lack of internal control
ABritish parliamentary investigation into the rigging of rates, which banks lend money to each other, has strongly criticised Barclays Bank for lack of internal controls over several years. The MPs also said former Head of the Bank Bob Diamond provided highly selective evidence to its committee.
9. IOA set up Three-Member Committee to resolve Issues in Indian Hockey
The Indian Olympic Association set up a three-member committee to resolve the issues in Indian Hockey. Hockey India and the Indian Hockey Federation, the two bodies for Hockey in India have been asked to present their stand before the committee on 21 August 2012.
The committee has been set up following the directions from the International Hockey Federation in July 2012. The three-member committee will have former Wrestling Federation of India president GS Mander, the Indian Weightlifting Federation president Birendra Prasad Baishya and the Handball Federation of India secretary-general SM Bali as its member. The committee will submit its report on 31 August 2012.
10. India to cut Import Duties on 234 Items from Pakistan
Union Cabinet approved the Commerce Ministry’s proposal to cut down the list of sensitive items under South Asian Free Trade Agreement (SAFTA) for Pakistan by 30 percent. Besides, India will also cut import duties on about 234 items from Pakistan under the bilateral trade normalisation programme. The cabinet, however, made it clear that the India will follow these measures only when Pakistan reciprocates with the same gesture and allows goods to be traded through the land routes
11. SC:It will not allow resumption of Mining Activities of Iron Ore in Karnataka
The Supreme Court of India would not allow resumption of mining activities of iron ore in Karnataka unless there is a statutory compliance and full implementation of reclamation and rehabilitation measures.
A special forest bench headed by Justice Aftab Alam accepted all recommendations of August 16 report of the apex court-appointed Central Empowered Committee. The Apex Court directed the authorities in Karnataka to fully cooperate in the implementation of the suggestions.
12. Hoppr launched its Service in Chennai to allow Users explore Rewards and Offers
Hoppr launched its service in Chennai to allow users explore rewards and offers available with brands and merchants in a locality. Hoppr is a brand of Y2CF Digital Media, which is funded by Bharti SoftBank.
Y2CF has tied up with six mobile service providers - Airtel, Aircel, Idea, Reliance, Tata Docomo and Vodafone – to provide the Hoppr service.
13.American Space Agency, NASA, has unveiled its programme for Curiosity
American Space Agency (NASA) has unveiled its programme for Curiosity
the one tonne mobile laboratory that landed on Mars, twelve days ago on a mission to look for signs of micro biological life. Its next task is to test its laser on a rock dislodged by the descent. As the laser vaporizes its surface, scientists will observe the colours to work out what the rock is made of.
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