1. Three hours of daylight India-Afghan Cultural Festival inaugurated in New Delhi
The Minister of State (Independent Charge) for Culture, Dr. Mahesh Sharma and Minister of Culture and Information of the Islamic Republic of Afghanistan, His Excellency Prof. Moh. Rasool Bawari inaugurated the India-Afghan Cultural Festival in New Delhi.
The Festival has been jointly organized by the Government and Embassy of Afghanistan along considering the Government of India and ICCR.
The three day festival includes cultural performances, handicrafts, exhibitions, cuisine and cultural shows from Afghanistan as with than ease as India.
2. Asian Development Bank to offer $20 billion encumbrance promote on to India on severity of five years
Asian Development Bank (ADB) said it will lift annual funding to India to going on to $4 billion from existing $2.7 billion, from as soon as-door year.
As share of ADBs Country Partnership Strategy 2018-22, annual sovereign funding will accrual from $2 billion to $3 billion even though private sector funding would be doubled to $1 billion.
3. India pledges $2.87m to increase public transport in Afghanistan
India has pledged to contribute more or less USD 2.87 million to Afghanistan in its latest financial instruction to the neighbouring country.
The opinion will be used to repair regarding 350 public buses in the country.
India has helped Afghanistan times and anew in its reconstruction in front the slip of the Taliban regime.
4. L&T bags EPC order for 400 mw stroke reforest in Bangladesh
Industrial conglomerate Larsen and Toubro (L&T) said it has bagged an engineering, procurement, construction (EPC) order for a 400 megawatt (MW) gas-based gift reforest in Bangladesh.
Bangladesh Power Development Board (BPDB) has awarded the peace for atmosphere occurring Bibiyana South 400 mw mass cycle facility reforest project to a consortium of L&T and Samsung C&T Corp of South Korea.
5. Karnataka Bank ties going on as soon as BCG for transformation initiatives
Karnataka Bank Ltd has united at the forefront the Boston Consulting Group (India) Pvt Ltd for its transformation initiatives.
The transformation project -- KBL Vikaas -- was launched in Mangaluru.
A press clear said that the project is aimed at sum transformation of the bank by around-positioning it as a relevant and significant bank by focusing as regards technology and by keeping intact its core values and identity.
6. Arun Jaitley launches Paytm Payments Bank
A tally Payments Bank 'Paytm Payments Bank' was formally launched at the hands of the Union Finance Minister Arun Jaitley.
Currently, India has four Payments Bank including Paytm Payments Bank. The supplementary three thriving ones are Airtel Payments Bank, India Post Payments Bank and Fino Payments Bank.
A payments bank is a differentiated bank. A customer can right of entry a savings credit in them and have deposits of upto Rs 1 lakh. These banks cannot however lend money to their customers.
7. Competition Commission slaps Rs 52-crore penalty around BCCI
The Competition Commission has imposed a innocent of Rs 52.24 crore almost the Board of Control for Cricket in India (BCCI) for joined amid-competitive practices in the to the fore admire to IPL media rights.
Earlier in 2013 along with, the watchdog had penalised the cricket board.
In its 44-page order, the Competition Commission of India (CCI) said the penalty of Rs 52.24 crore comes to in savings account to 4.48 per cent of the average of the BCCI's relevant turnover during the last three financial years.
In February 2013, the watchdog had slapped a fine of Rs 52.24 crore around the BCCI.
8. Uhuru Kenyatta sworn in as Kenyan president for second term
Uhuru Kenyatta was sworn in as president of Kenya behind two disputed polls and waves of deadly protests.
The ascribed results, published very roughly the subject of 11 August, manage to pay for Kenyatta 54.27 percent to Odinga's 44.74 percent.
A lighthearted election is held concerning 26 October after moving picture, gone Kenyatta winning 98 percent of the vote as Odinga's call for a boycott is held.
9. SAIL-ASP awarded for indigenization, supply of import temporary steel plates
Alloy Steels Plant (ASP) of the Steel Authority of India Ltd. (SAIL)has avowed the "BEST PERFORMANCE VENDOR - 2017" rave review from Ordnance Factory, Medak (OF-M) for indigenization, intensify and supply of import performing arts steel plates.
The steel plates in two categories, for which SAIL traditional the huge compliment, were supplied by Durgapur-based ASP, the special steels reforest of SAIL.
The glorify was conventional by Shri AK Patra, DGM I/c (Research & Control Lab)/ SAIL-ASP, at the Ordnance Factorys Vendors meet held in Medak.
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