Current Affairs Daily Digest – August 04 2020

Current Affairs Daily Digest – August 04 2020

Latest Current Affairs


1. “Bharat Air Fibre Services” inaugurated in Maharashtra

“Bharat Air Fibre Services” has been inaugurated by the Union Minister of State for HRD, Electronics, Communication, and IT, Govt Of India, Shri Sanjay Dhotre. The services were inaugurated at Akola in Maharashtra. Bharat Sanchar Nigam Limited (BSNL) has introduced the Bharat Air Fibre services as part of digital India initiative by the Government of India.

2. SEBI to set up virtual museum of securities market

Indian Market regulator, Securities and Exchange Board of India (SEBI) is planning to set up a virtual museum of the securities market to highlight achievements and milestones in the Indian capital market. Sebi has invited Expression of Interest (EoI) from agencies to develop the virtual museum.

3. India withdraws from women’s world team Squash championship

India has withdrawn from the women’s world team Squash championship scheduled in Kuala Lumpur, Malaysia from 15th to 20th December, due to lack of preparation, time and match-readiness of its players. Squash Rackets Federation of India (SRFI) has decided to withdraw from the championship.

4. RBI approves Sashidhar Jagdishan as HDFC Bank CEO and MD

The Reserve Bank of India has approved the appointment of Sashidhar Jagdishan as the Managing Director (MD) and CEO of HDFC Bank. Mr. Jagdishan will take charge of the outgoing MD Aditya Puri on October 27, 2020 and will remain on the position for three years.

5. National Programme ‘Vidyarthi Vigyan Manthan 2020-21’ launched

Union Minister for Health and Family Welfare, Dr. Harsh Vardhan has launched ‘Vidyarthi Vigyan Manthan, 2020-21’. It is a national programme which has been launched to popularize science among school students of Class 6th to 11th. The programme has been designed to identify the talent in the field of science and to promote the scientfic acumen among the students.

6. Mohamed Irfaan Ali named as President of Guyana

Former Guyanese housing minister, Mohamed Irfaan Ali has been named as the President of the country. He is a member of the opposition People’s Progressive Party (PPP). He succeeds David Arthur(A.) Granger.

7. IIT-Kharagpur researchers awarded for generating power from wet clothes

A group of researchers from IIT Kharagpur has been conferred the ‘Gandhian Young Technological Innovation Awards 2020’ for developing a mechanism for generating electricity from wet clothes left under sunlight to dry.

8. Jaideep Bhatnagar takes over as Director General of AIR News

Mr. Jaideep Bhatnagar, an Indian Information Service Officer of 1986 batch, has taken over the charge as Director General, News Services Division of All India Radio. Mr. Bhatnagar had earlier served in various positions in Prasar Bharati including as its West Asia Correspondent and in the Press Information Bureau.

9. Ministry of Tourism holds its 44th webinar on “Heritage Tourism in Gujarat”

Ministry of Tourism, Government of India’s DekhoApna Desh Webinar Series titled, “Heritage tourism in Gujarat” on 1st August 2020 presented the fascinating and diverse heritage of the state of Gujarat ranging from ancient archaeological sites and majestic medieval monuments to modern architectural marvels.

10. Bandhan Bank holding firm sells 20.95% stake to meet RBI norms

Bandhan Bank Ltd said it has met the promoter holding norms of the Reserve Bank of India (RBI) after its holding company Bandhan Financial Holdings Ltd (BFHL) sold 20.95% stake in the bank to at least seven investors.

The buyers included Singapore’s state investors GIC and Temasek, which purchased the shares through affiliates Caladium Investment Pte Ltd and Camas Investment Pte Ltd respectively.

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