| 1. Airtel Payments Bank ties up with HPCL to give further boost to digital payments in India. All 14,000 Hindustan Petroleum Corporation Limited fuel stations will act as banking points for Airtel Payments Bank. Bank customers will be able to make secure and convenient digital payments for fuel purchases across 14,000 HPCL fuel stations by using their mobile phones |
| 2. Flipkart has completed the merger with eBay India’s operations. Flipkart will own & operate eBay.in, which will remain an independent entity as part of Flipkart Deal was announced in April when Flipkart group raised $1.4 billion from eBay, Tencent & Microsoft. In exchange of an equity stake in Flipkart, eBay had made a cash investment of $500 million & sold its eBay.in business to Flipkart. |
| 3. McCloughan is the first person to receive the Medal of Honor from President Donald Trump. An Army medic from Michigan who risked his life multiple times to rescue Vietnam War comrades is the first person to receive the Medal of Honor from President Donald Trump in Washington. Trump presented America’s highest military honor to James McCloughan at a White House ceremony. McCloughan was a 23-year-old private first class who had been drafted into the Army when, in 1969, he found himself in the middle of the raging, days long Battle of Hui Yon Hill. |
| 4. Union Govt. orders LPG prices to be hiked by Rs. 4 per month. The union govt. has ordered state-run oil companies to raise subsidized cooking gas (LPG) prices by four rupees (excluding tax) per cylinder every month to eliminate all the subsidies by March 2018. The order came into effect on 1st June 2017. Oil companies have raised rates twice since then, the last being on 1st July when rates were up by a steep Rs 32 per cylinder. |
| 5.Mukesh Ambani Becomes Asia’s Second-Richest Person. Richest person in Asia remains Jack Ma with a total net worth of $43.7 billion. Mukesh Ambani has surpassed Hong Kong business tycoon Li Ka-shing to become Asia’s second richest man. Ambani’s total net worth stood at $35.2 billion making him the 19th richest person in the world as per Bloomberg Index. He reached number 2 spot as investors rallied behind him after he launched the JioPhone. |
| 6. World's longest pedestrian suspension bridge has opened in Switzerland. Spanning an awesome 1621 feet and rising as high as 279 feet, the newly opened Charles Kuonen Suspension Bridge in Switzerland has broken the record for the world's longest pedestrian suspension bridge, according to Zermatt Tourism. The bridge, which has replaced an older bridge that was damaged by falling rocks, was named after its chief sponsor, a psychologist and co-owner of a Swiss winery. |
| 7. Arvind Panagariya has resigned as the vice-chairman of NITI Aayog. He will return to academia in US & August 31 will be his last day in office. He was 1st vice-chairman of NITI Aayog. He has been chief economist of Asian Development Bank & professor of economics & co-director, Center for International Economics, University of Maryland. |
| 8. Health Ministry will launch Intensified Mission Indradhanush to accelerate immunization coverage . The Ministry will give greater focus on urban areas and other pockets of low immunization coverage. According to the plan, States will conduct Intensified Mission Indradhanush drives for 7 working days from 7th day of every month starting from 7th October this year for four consecutive months. A total of 118 districts, 17 urban areas and 52 districts of North East states will be targeted under Intensified Mission Indradhanush. |
| 9.Rahul, Manu-Sumeeth clinch titles at Lagos Open. Indian shuttler C Rahul Yadav and men’s doubles pair of Manu Attri and B Sumeeth Reddy clinched the men’s singles and men’s doubles title respectively at Lagos International challenge in Nigeria. Rahul surpassed another Indian player Karan Rajan Rajarajan in the final clash to the title at the MoladeOkoya-Thomas Hall of the Teslim Balogun Stadium. |
| 10. Los Angeles will host 2028 Summer Olympics and Paris to host in 2024. Los Angeles formally announced its bid for the 2028 Summer Olympics after agreeing on a deal that paves the way for Paris to host in 2024. The Los Angeles Olympic and Paralympic bid committee in cooperation with the International Olympic Committee (IOC), announced it recently. The LA bid committee stated that Los Angeles will host the Olympic Games and Paralympic Games 2028. |
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