1. Freyr Energy has tied up with Axis Bank to offer term loans ranging from Rs 5 lakh to Rs 50 lakh . Solar energy services company Freyr Energy has tied up with Axis Bank to offer term loans ranging from Rs 5 lakh to Rs 50 lakh for tenures up to five years, for solar rooftop installations in Telangana and Andhra Pradesh. The loans will be given to MSMEs and self-employed individuals to install Freyr rooftop solar plants for industrial and commercial purposes. |
2.ISRO launched IRNSS-1H satellite from PSLV C39. Indian Space Research Organisation (ISRO) has launched its navigation satellite ‘IRNSS-1H’ from Satish Dhavan Space Centre at Sriharikotta, on board the rocket PSLV C39. The satellite IRNSS-1H is a part of the indigenous navigation system called ‘NavIC’. NavIC system is equivalent to the GPS service, having the footprint over the whole of India and about 1500 kilometers from its borders on all sides. |
3.Rajnath Singh inaugurated the YUVA – a skill development program. The Union Home Minister Shri Rajnath Singh inaugurated the YUVA – a skill development program. It is an initiative by Delhi Police under Pradhan Mantri Kaushal Vikas Yojana. The YUVA initiative by Delhi Police aims to connect with youth by upgrading their skill as per their competencies. |
4. Narendra Modi has inaugurated Rs15,000-crore worth road projects in Rajasthan. Prime Minister Narendra Modi along with Union minister for road transport and highways Nitin Gadkari inaugurated highway and road projects worth Rs15,000 crore for the state in Udaipur on Tuesday. Modi said his government has tried to bring in a culture of project-completion, unlike past governments that allowed them to languish for years. “Infrastructure is very important for development of a country and they are expensive and take long time. |
5. NTPC has signed Rs. 3,000 crore term loan agreement with ICICI Bank National Thermal Power Corporation Limited (NTPC) has signed a term loan agreement for Rs. 3,000 crores with ICICI Bank Ltd for partially funding its capital expenditure. The loan which has a door-to-door tenure of 15 years will be utilized to part finance the capital expenditure of NTPC. |
6. YouTube Changes its Logo for the First Time. The company's iconic logo is getting a refresh, with the focus shifting away from the word "Tube" onto the play button for the first time. The updated logo consists of the YouTube icon - a red tube with a white screen and a red play button - followed by the YouTube wordmark in black. The logo also has a new typeface and color scheme. According to the company, the new logo allows for a more flexible design that works better across a variety of devices, even on the tiniest screens. |
7. GST collection for the first month at Rs 92,283 crore. According to the Finance Minister Arun Jaitley on the first set of data on tax collections, taxes worth Rs 92,283 crore were collected in July from just 64.42% of the total taxpayer base. The finance minister said even after the compensation cess is excluded, the target will still be surpassed when all taxpayers file returns. Tax collections for July (first month) when a unified Goods and Services Tax (GST) was implemented across the country are likely to further go up when all the tax payers file returns. |
8. India, Switzerland sign two MoUs in the field of Railways. India and Switzerland have signed two MoUs in the field of Railways. The pacts were inked after delegation level talks between Prime Minister Narendra Modi and visiting President of Swiss Confederation Doris Leuthard in New Delhi. In a joint press statement with Mrs Leuthard, Prime Minister Modi said, FDI is a big part of the Indo-Swiss cooperation. Mr Modi said he and Mrs Leuthard agreed to enhance the business to business cooperation. The Prime Minister termed climate change as a global challenge. He said India is committed to clean energy and green future. |
9. PV Sindhu has appointed the first brand ambassador of tyre maker Bridgestone India. Badminton ace PV Sindhu, who recently won Silver at the World Championship, was appointed the first brand ambassador of tyre maker Bridgestone India. The shuttler has signed a three year deal with Bridgestone India, a subsidiary of Bridgestone which is one of the sponsors for the Olympics 2020 in Japan. |
10. First time Bangladesh has defeated Australia in the Cricket Test match. First time Bangladesh has defeated Australia (by 20 runs) in the Cricket Test match at Dhaka and it is their 10th Test victory in their history. Shakib Al Hasan took 10 wickets in the match and made crucial 84 runs in the first innings. |
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