Current Affairs – August 25, 2018

August 25 2018 - Current Affairs – August 25, 2018

Here’s your daily summary of Current Affairs – August 25, 2018

National - Current Affairs – August 25, 2018

Govt approves an additional grant of nearly 19 crore rupees for flood-ravaged Kerala

1c - Current Affairs – August 25, 2018
The Union Health Ministry has approved an additional grant of 18 crores and 71 lakh rupees to flood-affected Kerala for disbursing to Village Health, Sanitation and Nutrition Committees. The grant will be given under National Health Mission.


India’s first interstate connected wind power project commissioned, says MNRE

2cc 19 - Current Affairs – August 25, 2018
The Ministry of New and Renewable Energy on 24 August said 126 MW wind power capacity, part of country’s first interstate transmission system (ISTS) auction, is commissioned in Bhuj.


Telangana govt increases free power units for SC/ST families

3cc 21 - Current Affairs – August 25, 2018
Telangana State Government today increased the free electricity supply to the families of the Scheduled Castes and Scheduled Tribes for domestic purpose up to 101 units. Currently, the state government is supplying free electricity to these families up to 50 units. The Govt. decided to increase the retirement age of Archakas in Temples to 65 years from the current 58 years and to pay their salaries through state treasury from next month onwards. The State Govt. has also increased the honorarium being paid to Imams and Muezzins of Masjids to Rs.5000 from the current Rs.1500/month.


Business - Current Affairs – August 25, 2018
Pranab Mukherjee launches ‘Neta app’

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The app, founded by Pratham Mittal, allows voters to rate their political representatives. The aim is to foster political accountability by being an early indicator of how a leader’s performance is being perceived by voters. A good democracy cannot work without informed voters, good leaders and complete transparency and accountability, said former president Pranab Mukherjee on 24 August.


CJI Launches Applications to facilitate Litigants and Lawyers

6cc 20 - Current Affairs – August 25, 2018
The Chief Justice of India Hon’ble Justice Dipak Misra launched various applications “e-filing, e-pay, and NSTEP (National Service and Tracking of Electronic Processes)” created under the eCourts project to facilitate Litigants and Lawyers.


Reliance Jio tops Fortune’s ‘Change the World’ list

7cc 20 - Current Affairs – August 25, 2018
Richest Indian Mukesh Ambani’s telecom unit Reliance Jio has been ranked as the top company globally on Fortune’s ‘Change The World’ list that ranked companies using the profit motive to help the planet and tackle social problems. Jio has ranked ahead of pharma giant Merck and Bank of America, according to Fortune list released recently.


Paytm Partners with Alibaba to launch “Paytm AI Cloud for India”

8cc 19 - Current Affairs – August 25, 2018
One97 Communications Limited, the holding company for Paytm, announced the launch of an artificial cloud computing platform for the online payment portal. Named ‘Paytm AI Cloud for India’ the platform is aimed at developers, startups, and enterprises. They have partnered with Alibaba for Cloud Computing Infrastructure and will soon offer an enterprise-messaging solution in partnership with DingTalk.


Flipkart launches 2GUD, a new e-commerce portal for refurbished goods

9cc 19 - Current Affairs – August 25, 2018
After closing down, the India operations of the e-commerce website which it acquired last year, Flipkart recently launched its new website to sell only refurbished products. Named 2GUD, the portal is like any other e-commerce site selling electronic items but has only certified refurbished products at cheap prices for value buyers.


mous - Current Affairs – August 25, 2018
India, Singapore ink protocol to amend CECA; to boost bilateral trade

10cc 19 - Current Affairs – August 25, 2018
India and Singapore recently signed the Second Protocol amending the Comprehensive Economic Cooperation Agreement (CECA), which will boost bilateral trade, with both sides agreeing to expand the coverage of tariff concessions.


Prasar Bharati & Mizzima Media of Myanmar ink a MoU

11cc 17 - Current Affairs – August 25, 2018
Prasar Bharati and Mizzima Media of Myanmar signed a Memorandum of Understanding on 24 August. This will boost centuries-old ties between India and Myanmar. It will also strengthen India’s soft power in its neighborhood.


AIR, Sahitya Academy ink MoU for publication of Sanskar Geet of Indian culture

12cc 15 - Current Affairs – August 25, 2018
All India Radio and Sahitya Academy on 24 August signed a Memorandum of Understanding required for publication of various kinds of Sanskar Geet of Indian culture compiled by AIR. AIR has been working on the compilation of over 20,000 Sanskar Geet for the last 3 years.


Sports - Current Affairs – August 25, 2018
India at 2018 Asian Games: All Day 6 Results

13cc 12 - Current Affairs – August 25, 2018
India witnessed the best day so far at the 18th edition of the Asian Games by winning seven medals including a historic rowing gold in men’s quadruple sculls on Friday. With 25 medals overall (6 gold, 5 silver, 14 bronze), India stands at eight positions in the medals tally.
Here’s the list of full India results on Day 6.
  • Tennis (Men’s Doubles Final) – Rohan Bopanna/Divij Sharan – Gold
  • Rowing (Men’s Quadruple Sculls Finals) – Sawarn Singh, Dattu Bhokanal, Om Prakash and Sukhmeet Singh – Gold
  • Kabaddi (Women’s Team Gold Medal Match) – India lose 24-27 to Iran, settle for Silver
  • Rowing (Men’s Lightweight Single Sculls Finals) – Dushyant – Bronze
  • Rowing (Men’s Lightweight Double Sculls Finals) – Rohit Kumar/Bhagwan Singh – Bronze
  • Shooting (10m Air Pistol Women) – Heena Sidhu – Bronze
  • Tennis (Men’s Singles Semifinals) – Prajnesh Gunneswaran – Bronze

International - Current Affairs – August 25, 2018
Scott Morrison is new Australian Prime Minister

14cc 12 - Current Affairs – August 25, 2018
In a major turn of events, Liberal Party leader Scott Morrison has become the new Prime Minister of Australia after Malcolm Turnbull was forced out by party rivals. Morrison, the current treasurer, won an internal ballot 45-40 over former Home Affairs Minister Peter Dutton. Turnbull did not stand in the leadership contest.


Learn Two a Day:

ULIP: Unit Linked Insurance Plan
RISE: Revitalising of Infrastructure and Systems in Education

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