Honours & Awards
1. Shubha Mudgal to get Rajiv Gandhi National Sadbhavana Award
- Well-known Indian singer of Hindustani classical music Shubha Mudgal will be awarded the Rajiv Gandhi National Sadbhavana Award for her outstanding contribution towards the promotion of communal harmony, peace and goodwill.
- The award will be presented to Mudgal at a special ceremony on 20th August (birthday of Rajiv Gandhi) at Jawahar Bhawan auditorium.
- The award carries a citation and cash award of Rs 10 lakh.
- Earlier, she was honoured with the Padma Shri (In 2000).
Note:-
- Former recipients of Rajiv Gandhi National Sadbhavana Award include Mother Teresa, Ustad Bismillah Khan, Mohd Yunus, Lata Mangeshkar, Sunil Dutt, and Ustad Amjad Ali Khan among others.
National Affairs
2. Union Cabinet approves Motor Vehicle (Amendment) Bill 2016
- Union Cabinet has approved Motor Vehicle (Amendment) Bill-2016 to improve road safety in the country.
- The bill proposes to increase penalties against traffic violations to as deterrent measure.
- Compensation for hit and run cases has been hiked from twenty five thousand rupees to two lakh rupees and in case of fatality it will up to ten lakh rupees.
- Driving without insurance will attract 2,000 rupees fine and/or imprisonment, two thousand rupees fine and licence suspension for helmet-less driving.
- For drunken driving steep penalty of up to 10,000 rupees has been proposed.
3. Rajya Sabha passes The Constitution GST Bill- 2014
- The Rajya Sabha has passed The Constitution -GST Bill, 2014 ((122nd- Amendment) to introduce the goods and services tax (GST).
- After passing the bill, India took major step in structural indirect taxation reform and paved way for the concept of one nation, one tax.
- The Bill will again go back to the Lok Sabha to incorporate the few amendments approved by the Rajya Sabha.
Note:-
- Goods and Services Tax (GST) is a single indirect tax for the whole nation which will make India one unified common market.
- Single tax on the supply of goods and services right from the manufacturer to the consumer.
International Affairs
4. Tunisia’s President names Youssef Chahed as new PM
- Tunisia’s President Beji Caid Essebsi has named Youssef Chahed (41-year) as new the Prime Minister.
- Earlier, Prime Minister Habib Essid lost vote of no-confidence because of his handling of economic reforms and security.
- Mr. Chahed is an agricultural sciences specialist and academic who has taught in France and Tunisia.
- Chahed’s nomination is likely to be approved by Parliamentary vote.
Obituaries
5. Former Ferrari driver Chris Amon passes away
- Former Ferrari driver Chris Amon (73- year) has passed away after a battle with cancer.
- Amon was the part of a well-known trio of New Zealand drivers competing in Formula One in the 1960s and early 70s alongside Bruce McLaren and Denny Hulme.
- He was born in Bulls and learned to drive at the age of six and taught by a farm worker on the family farm.
National & International Appointment
6. Angela Ruggiero to head IOC Athletes’ Commission
- American ice hockey Olympic champion Angela Ruggiero has been elected as the new chair of the international Olympic committee (IOC)’s Athletes’ commission.
- She will be replace Claudia Bokel.
- Earlier, she was serving as Vice-Chair of the IOC Athletes’ Commission.
- She was appointed by IOC President Thomas Bach during joint meeting between IOC executive board.
- The IOC Athletes’ Commission is a nodal body for the purpose of representing athletes in the International Olympic Committee.
7. BCCI appoints Markandey Katju to interact with Lodha panel
- The Board of Control for Cricket in India (BCCI ) has appointed former Supreme Court judge Markandey Katju as the head of a four member legal panel to help the Board understand the implications of the Justice Lodha Committee reforms.
- This panel will be a single point interface for the BCCI to interact with the Justice Lodha Committee.
- Justice Markandey Katju is the former Chairman of Press Council of India.
Banking & Finance
8. RBI launches ‘Sachet’ portal to rein in illegal money deposits
- The Reserve Bank of India (RBI) Governor Raghuram Rajan has launched a web portal ’Sachet- http://ift.tt/2axbs2O’ to curb illegal collection of deposits.
- A website from which the members of public would be able to obtain information regarding entities that are allowed to accept deposits, lodge complaints and also share information regarding illegal acceptance of deposits by unscrupulous entities
- The website also incorporates regulations prescribed by all financial regulators that different entities have to follow
- The website would also help enhance coordination among regulators and State Government agencies and thus be useful in curbing instances of unauthorized acceptance of deposits by unscrupulous entities.
Sports
9. Roston Chase’s century help West Indies play draw against India
- The second Test match between India and the West Indies ended in a draw.
- Roston Chase scored an unbeaten 137 off 269 balls while ably supported by skipper Jason Holder 64 not out to see off the last session of the match.
- At the end of the 5th day’s play Caribbean had 84 run lead with 4 wickets in hand.
- West Indies made 388 for 6 in their second innings.
- Earlier, the hosts had made 196 in their first innings, to which India replied with a massive 500 for 9 declared in their innings.
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