MOVE: The Global Mobility Summit 2018 will take place in ‘Mobility Week’ 31 Aug-6 Sep. It will see diverse groups engage in conversations on the mobility landscape, future possibilities and preparedness of the country towards meeting the challenges.
NITI Aayog, is a policy think tank of the Government of India
India signed a $346 mn loan agreement with the Asian Development Bank (ADB) to finance improvement of over 400 km of Karnataka state highways. It is an addition to ongoing road improvement project financed by the ADB with a loan of $315 mn.
Japan, US, China, India, Australia hold largest shares in ADB
Indian Naval Ship Sahyadri entered the Port of Darwin, Australia, to take part in KAKADU, multilateral maritime exercise. KAKADU 2018, the 14th edition of the exercise, is scheduled between Aug 29 – Sep 18.
KAKADU started in 1993 & is held biennially(every two years)
ICAR held a conference in New Delhi on Motivating and Attracting Youth in Agriculture (MAYA). It has attracted participants from Afghanistan, Bhutan, Nepal, Sri Lanka. ICAR had initiated “Attracting and Retaining Youth in Agriculture (ARYA) in 2015-16
ICAR-Indian Council of Agricultural Research is an autonomous body
A special home ‘Krishna Kutir' to house around 1,000 widows will be inaugurated at Vrindavan in Uttar Pradesh by Maneka Gandhi. The four-storey building is differently-abled people friendly and has a large modern kitchen and also a skilling centre.
It is constructed by Ministry of WCD under Swadhar Greh scheme
A 5 day Vostok -2018 military exercise will be held from Sep 11 joined by Russia, China and Mongolia. It will involve 300,000 troops. These exercises are taking place amid Washington’s growing friction with Russia and China, including trade war.
RIMPAC is world's largest international maritime warfare exercise
A new annual ranking of higher educational institutions based on innovation – named Atal Ranking of Institutions on Innovation Achievements (ARIIA) will be launched on October 15, the birth anniversary of former President APJ Abdul Kalam.
ARIIA is named after Atal Bihari Vajpayee
Jinson Johnson claimed a gold in men’s 1500m event in the Asian Games 2018. Swapna Barman won India’s first-ever Asian Games gold medal in heptathlon. India won 4x400m women's relay, the fifth gold medal continuing since the 2002 Asian Games
India finished 3rd in athletics behind China and Bahrain.
India’s e-commerce market dominated by Flipkart & Amazon can potentially grow more than fourfold to $150 billion by 2022, according to a report by Nasscom and consulting firm PwC. The e-commerce market was pegged at $36 billion last year.
Internet users will double to 850 mn in 5 yrs from 450 in 2017
RBI has approved re-appointment of Rana Kapoor as the MD and CEO of YES Bank. The bank's shareholders had proposed re-appointment of Kapoor from September 1, 2018, for three years. Kapoor is the Founder, Managing Director and CEO of Yes Bank.
Earlier Rana Kapoor was CEO&MD of Rabo India Finance (RIF)