PM Marks 5 Years of Abrogation of Articles 370 and 35(A) ... On the fifth anniversary of the abrogation of Articles 370 and 35(A), Prime Minister Narendra Modi highlighted the decision as a pivotal moment in Indian history, marking the beginning of a new era of progress and prosperity for Jammu and Kashmir (J&K) and Ladakh.

Jakarta Hosts 5th AITIGA Joint Committee Meeting... The 5th AITIGA Joint Committee meeting, marking a significant milestone in ASEAN-India economic cooperation, took place in Jakarta from July 29 to August 1, 2024. The discussions aimed at reviewing and enhancing the ASEAN-India Trade in Goods Agreement (AITIGA) were co-chaired by Shri Rajesh Agrawal, Additional Secretary, Department of Commerce, India, and Ms. Mastura Ahmad Mustafa, Deputy Secretary General (Trade), Ministry of Investment, Trade & Industry, Malaysia.

Tata Group Unveils ₹27,000 Crore Semiconductor Facility in Assam...The Tata Group has inaugurated a ₹27,000 crore semiconductor assembly and test facility in Assam, aiming to produce 15 billion chips annually. This landmark project, set to be operational by next year, aligns with the Indian government’s semiconductor mission and is poised to transform Assam into a key player in the global semiconductor ecosystem.

RBI Revises NPA Provisioning Norms for Cooperative Banks... The Reserve Bank of India (RBI) has issued revised instructions for the treatment of Bad and Doubtful Debt Reserve (BDDR) across cooperative banks, aiming for uniformity in the accounting and prudential treatment of non-performing assets (NPAs). These new norms will apply to Urban Co-operative Banks, State Cooperative Banks, and Central Co-operative Banks, effective immediately.

President Droupadi Murmu Conferred “Companion of the Order of Fiji” in the Capital Suva... Indian President Droupadi Murmu embarked on a significant two-day state visit to Fiji, marking a milestone in the diplomatic relations between the two nations. The visit, characterized by ceremonial honors and high-level meetings, underscored the growing partnership between India and Fiji in various spheres of cooperation.

Update on Pradhan Mantri Jan-Dhan Yojana (PMJDY) and Related Schemes... As of July 19, 2024, the Pradhan Mantri Jan-Dhan Yojana (PMJDY) has achieved significant milestones with 52.81 crore accounts having a total deposit balance of Rs. 2,30,792 crore. Launched in August 2014, PMJDY aims to provide universal banking services to unbanked households with the core principles of banking the unbanked, securing the unsecured, funding the unfunded, and serving underserved areas.

Piyush Goyal Launches ‘India@100’: A Vision for India’s Economic Future. Union Minister of Commerce and Industry, Piyush Goyal, unveiled a significant publication that charts India’s economic trajectory towards 2047. The book, titled “India@100: Envisioning Tomorrow’s Economic Powerhouse”, authored by Prof. K V Subramanian, was launched at a high-profile event in New Delhi.

India To Host BIMSTEC Business Summit... The Ministry of External Affairs of the Government of India in association with Confederation of Indian Industries (CII) will host the 1st BIMSTEC Business Summit in New Delhi on August 6, 2024. The first edition of the Business Summit aims to foster greater regional collaboration through robust trade and investment relations among the member countries of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC).

National Handloom Day 2024, A Tribute to India’s Rich Textile Heritage... On August 7, 2024, India will commemorate the 10th National Handloom Day, a celebration that has been observed annually since 2015. This day serves as a testament to the country’s commitment to its handloom industry, recognizing its vital role in India’s socio-economic fabric and cultural identity.

Former England cricketer Graham Thorpe Passes Away at 55 ... The cricketing world mourns the loss of Graham Thorpe, a former England cricketer and coach, who passed away on Monday at the age of 55. The England and Wales Cricket Board (ECB) announced his death, marking the end of an era for English cricket. Thorpe’s contributions to the sport, both as a player and coach, left an indelible mark on cricket history.

Nobel Laureate Muhammad Yunus To Lead Bangladesh Interim Government... Bangladesh’s Nobel laureate Muhammad Yunus will head the country’s interim government after former Prime Minister Sheikh Hasina stepped down and fled the country amid a mass uprising against her rule led mostly by students. The announcement early on August 7, came from Joynal Abedin, the press secretary of President Mohammed Shahabuddin.

India’s First GI-Tagged Fig Juice Exported to Poland... Purandar Highlands Farmers Producer Company Ltd has achieved a significant milestone by exporting India’s first GI-tagged fig juice to Poland. This follows the successful export of India’s first commercial consignment of GI-tagged Purandar figs to Hong Kong in February 2023.

Australia Announces Maitri Grants For Research And Cultural Collaboration With India... The Australian government has unveiled the Maitri Research and Cultural Partnerships Grants. These grants, aimed at fostering Australia-India collaboration, encompass sustainable manufacturing, energy transition research, and artistic projects. Minister Penny Wong praised the initiatives for strengthening bilateral ties, emphasizing the importance of human connections in the relationship.

Rs 920 Cr Namami Gange Mission 2.0 Projects In UP And Bihar... In a significant stride towards rejuvenating and conserving the sacred River Ganga, the Government of India has successfully completed and operationalized four major projects under the Namami Gange Mission 2.0 in the first quarter of fiscal year 2024-25. These initiatives located across the mainstream of the river Ganga in Bihar and Uttar Pradesh, are pivotal in the ongoing efforts to curb pollution and enhance the ecological health of the Ganga and its tributaries.

Dinesh Karthik, A New Ambassador for SA20 League... In a move that bridges the cricketing worlds of India and South Africa, former Indian wicketkeeper-batsman Dinesh Karthik has been named the brand ambassador for the SA20 League. This appointment marks a significant step in the league’s efforts to expand its global reach and solidify its position in the competitive landscape of T20 cricket.

Government Appoints Challa Sreenivasulu Setty as SBI Chairman... On August 6, 2024, the Appointments Committee of the Cabinet (ACC) approved the appointment of Challa Sreenivasulu Setty as the Chairman of the State Bank of India (SBI). Setty, currently the senior-most Managing Director (MD) of SBI, will assume the role on August 28, 2024, succeeding Dinesh Kumar Khara, who will retire upon reaching the age limit of 63 for the position.

Vinesh Phogat Disqualified In Paris Olympic 2024... Indian wrestler Vinesh Phogat has been disqualified from the Paris Olympics after failing to meet weight requirement for her 50 kg gold medal. As per the report, Phogat was reportedly over the permissible weight limit by just 100 grams, which may lead to her disqualification. According to competition rules, she will not be eligible for a silver medal, leaving only gold and bronze winners in the 50 kg category.

National Javelin Day 2024: Celebrating India’s Golden Moment in Athletics... On August 7, 2021, Neeraj Chopra etched his name in history by winning India’s first-ever Olympic gold medal in track and field. His historic javelin throw of 87.58 metres not only secured the gold but also made him the second Indian to win an individual Olympic gold, following Abhinav Bindra.