Union Cabinet approved Amalgamation of Public Sector Banks through Alternative Mechanism

  • The Union Cabinet approved amalgamation of Public Sector Banks through an Alternative Mechanism (AM) with an  aim to facilitate consolidation among the Nationalised Banks to create strong and competitive banks on 23rd August 2017.

Nandan Nilekani appointed as New Chairman of Infosys 

infosys

  • Nandan Nilekani has been appointed as the New Chairman of the software giant Infosys. Nilekani has replaced R Seshasayee, who resigned as chairman of the board.
  •  Vishal Sikka stepped down as CEO of the company recently.

Pradhan Mantri Kisan Sampada Yojana (PMKSY)

  • The Cabinet Committee on Economic Affairs  approved the renaming of Central Sector Scheme SAMPADA as Pradhan Mantri Kisan Sampada Yojana  for the period of 2016-20on 23rd August 2017. 
  •  In May 2017, Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters was approved by the CCEA in May 2017.

 Karnataka signs MOU with Microsoft

  •  Karnataka Agriculture Department has signed an MoU with Microsoft India to develop a unique “farm price forecasting model” using latest IT tools in a bid to help farmers, administrators and other stakeholders to understand the market behaviour in advance.

England striker Wayne Rooney retires from international football 

  • Former England captain Wayne Rooney announced his retirement from international football, ending a 14-year career on 23rd August 2017. 

Ronaldo First to be named Men's Player of the Year for Three Times

  • Real Madrid forward Cristiano Ronaldo has won the UEFA Men's Player of the Year award for the 2016/17 season.
  •  He received the award at the 2017/18 UEFA Champions League group stage draw in Monaco.

India-Nepal signed 8 agreements to boost the bilateral relations o

  • India and Nepal signed eight agreements in different areas of mutual benefit including demand reduction and prevention of illicit trafficking in narcotic drugs and cooperation in the field of standardization and conformity assessment among others on 24th August 2017.

UIDAI Launches Door Step Aadhar Enrolment in Delhi

  • UIDAI has joined hands with CSC India for launching door step enrolment facility in the national capital for the elderly, patients and others who cannot travel the Aadhar centers.

Nepal launches Climate-Smart Snow Leopard Plan 

  • Nepal launched its climate-smart snow leopard landscape management plan on 23rd August 2017.
  • This plan is aiming to safeguard the endangered species of its habitat and snow leopard.

 Indian Navy Band Participates in International Military Music Festival in Russia

  • The International Military Music Festival "Spasskaya Tower" is the parade of the best military music bands of Russia and other countries that takes place every year at Red Square in Moscow.
  •  This time Indian Navy Band is participating in the festival.

Union Government names Rajiv Bansal as CMD of Air India 

  • The Union Government named Rajiv Bansal, additional secretary and financial advisor in the Petroleum Ministry, as interim CMD of Air India Ltd on 23rd August 2017 .

 India’s Oldest Cinematographer Ramananda Sengupta Passes Away

  •  Country's oldest cinematographer Ramanda Sengupta, who worked with legends like Jean Renoir, Ritwik Ghatak, and Mrinal Sen, died in Kolkata, West Bengal.