1. Pushpa Kamal Dahal elected as new Prime Minister of Nepal:
- Former Maoist rebel chief Pushpa Kamal Dahal (61-year) also known as Prachanda has been elected as the new Prime Minister (24th) of Nepal.
- Earlier, Prime Minister K P Oli resigned on July 24, triggering a political turmoil in Nepal.
- According to Speaker Onsari Gharti, he won 363 votes out of the 573 cast in the 595-member parliament.
- Prachanda will be heading a coalition government comprising Nepali Congress (largest party) in the parliament.
- Earlier, Prachanda led a guerrilla war against the government and later served as Prime Minister of Nepal from 2008 to 2009.
- Prachanda was born in Dhikur Pokhari (Kaski-District) some 243 kilometres west of Nepal’s capital Kathmandu.
2. WEF India Economic Summit in Delhi on October 6-7:
- World Economic Forum (WEF), will host its annual India Economic Summit on October 6-7 in New Delhi which would be attended by over 500 business and political leaders including top policymakers and CEOs.
- This year's meet will be convened under the theme, 'Fostering an Inclusive India through Digital Transformation'.
- WEF is known for its annual five-day meet in Davos, Switzerland, attended by top leaders from business, politics, academia, civil society, international organizations, arts and culture and media.
3. Anant Maheshwari appointed as President of Microsoft India:
- Technocrat Anant Maheshwari has been appointed as the President of Microsoft India.
- He will succeed Bhaskar Pramanik as the head of Microsoft in India.
- He will join Microsoft India in September 2016 and will take over operations of the company from January 2017.
- Microsoft India is the subsidiary of US based software giant Microsoft Inc.
- Maheshwari will be responsible for all of Microsoft’s product, service and support offerings across India.
4. Parliament passes Institutes of Technology (Amendment) Bill, 2016:
- The Parliament has passed the Institutes of Technology (Amendment) Bill- 2016 to set up six new Indian Institutes of Technology (IITs).
- The new IITs will be established in Palakkad (Kerala), Tirupati (Andhra Pradesh), Goa , Dharwar (Karnataka), Bhilai (Chhattisgarh) and Jammu (Jammu and Kashmir).
- The Bill seeks to amend the Institutes of Technology Act, 1961 to add six new IITs as institutions of national importance.
5. Neyveli Lignite plans to buy 1200 MW Raghunathpur Thermal Power Project:
- Neyveli Lignite (NLC) is planning to acquire a 1200 MW Raghunathpur Thermal Power Project (RTPP) of Damodar Valley Corporation (DVC).
- The proposed acquisition will be done through a joint venture company (JVC) of NLC and Damaodar Valley Corporation DVC with an equity shareholding of 74:26.
- RTPP consists of two units of 600 MW each and both the units has been commissioned during March 2016.
6. Ten ministers sworn in to Arunachal cabinet:
- 10 Ministers were sworn in to Chief Minister Pema Khandu’s new Council of Ministers at Raj bhavan in Itanagar (Arunachal Pradesh).
- The Oath of office and secrecy was administered by Governor Tataghata Roy.
- The ten Cabinet Ministers are Tanga Byaling, Nabam Rebia, Wangki Lowang, Rajesh Tacho, Tapang Taloh, Jomde Kena, Kumar Waii, Kamlung Mossang, Takam Pario and Hunchun Ngandam.
7. BCCI appoints Katju to head a legal panel to help implement Lodha report:
- The BCCI has appointed former SC judge Markandey Katju as the head of a 4-member legal panel to help the implications of the Justice Lodha Committee reforms.
- This panel will be a single point interface for the BCCI to interact with the Justice Lodha Committee.
- Justice Markandey Katju is the former Chairman, Press Council of India. Prior to his appointment as Chairman, he served as a Judge of the Supreme Court of India.
8. Mamata govt.decides to rename West Bengal as ‘Bengal’:
- The West Bengal Cabinet took up a proposal to rename the state as “Bengal” in English and “Bango” or “Bangla” in Bengali.
- A special session of the Assembly will be convened on 26th August to pass a resolution to this effect.
- The changing of the name will require approval of the Parliament.
9. Rajasthan becomes 1st state to approve sewage & waste water policy:
- Rajasthan has become the first state to approve sewage and waste water policy.
- The policy was approved by the State Cabinet meeting presided by Chief Minister Vasundhara Raje in Jaipur.
- All district head quarters, heritage cities and cities which have more that one lack population will be included in this policy.
- It will be compulsory for every house to connect with sewage system in those cities which have 100% sewage system in next five years.
10. AXA, Alibaba, Ant Financial have tied up in global strategic partnership:
- AXA, Alibaba, and Ant Financial Services have stated that they have agreed to engage in a global strategic partnership to explore opportunities to distribute AXA's insurance products and services through Alibaba's global e-commerce ecosystem.
- This agreement will support the company to work together to co-innovate and to develop value-added products and services to customers around the world as well as to mutually support each other in developing and exploring new markets and segments.
- The AXA Group is a worldwide leader in insurance and asset management, serving 103 million clients in 64 countries. While the Alibaba Group is the largest retail commerce company in the world in terms of gross merchandise volume.
- Through Ant Financial Services (an Alibaba-affiliate which provides financial services), AXA would offer travel insurance products for Chinese travelers going overseas.
11. BHEL commissions 500 Mw Marwa Thermal Power station in Chhattisgarh:
- State-run Bharat Heavy Electricals Ltd (BHEL) has commissioned the second 500 Mw (megawatt) thermal unit at Marwa Thermal Power Station in Janjgir-Champa district of Chhattisgarh.
- The first unit of Marwa TPS was also commissioned earlier by BHEL. Marwa TPS has been set up by Chhattisgarh State Power Generation Company (CSPGCL).
- In Chhattisgarh, BHEL has contributed a total of 12,500 MW to the state's installed power generation, including central and private sector utilities.
12. Monthly honorarium of ASHAs doubled from Rs 500 to 1,000 in Haryana:
- Monthly honorarium of Accredited Social Health Activists (ASHAs) in Haryana has been doubled from Rs. 500 to Rs. 1,000 .
- An additional amount of 41.73 crore rupees has been approved on account of honorarium for ASHAs and incentives of Auxiliary Nurse Midwives (ANMs).
- Each ASHA will be given an added incentive of 50% in her monthly earned incentive under National Health Mission, which would be maximum of 1,500 rupees.
13. Nobel Prize-winning chemist Ahmed Zewail passes away:
- The Egyptian- born Nobel-winning scientist Ahmed Zewail (70-year) has passed away in the United States.
- He won the Nobel Chemistry Prize in 1999 for his pioneering work in femtochemistry, the study of chemical reactions in ultra-short time scales.
- He was the first Arab Scientist to win the Nobel Prize.
14. Former Ferrari driver Chris Amon dies aged 73:
- Former Ferrari driver Chris Amon, often described as one of the best in Formula One never to have won a race has passed away after a battle with cancer. He was 73 years old.
- He was the part of a well-known trio of New Zealand drivers competing in Formula One in the 1960s and early 70s alongside Bruce McLaren and Denny Hulme, who both enjoyed more successful careers in the sport’s premier series.