1.The Indian Space Research Organisation will have a year-long Vikram Sarabhai centenary celebration starting in August 2019 to honour visionary scientist and its legendary founding father.Sarabhai, the architect of the Indian space programme, the first ISRO chief and renowned cosmic ray scientist, was born on August 12, 1919.
2.Justice Gita Mittal became the first-ever woman Chief Justice of Jammu and Kashmir High Court.She was administered the oath of office by Governor NN Vohra.The ceremony took place at the Raj Bhavan in Srinagar.
3.SBI will sell two non-performing assets worth Rs. 2490 crore.These two accounts include Bombay Rayon worth Rs 2260.79 crore and Shivam Dhatu worth Rs 229.32 crore.The e-bids will be processed on August 20.
4.British novelist and Nobel Prize winner for Literature, Sir. V.S. Naipaul passed away in London.Sir Vidia, who was born in rural Trinidad in 1932, was known for works including ‘A Bend in the River ‘and his masterpiece, ‘A House for Mr Biswas’.
5.A special meeting of Senior Officials of the Bay of Bengal Initiatives for Multi-Sectoral, Technical and Economic Cooperation (BIMSTEC) was held in Kathmandu on 11th Aug.Senior officers from all member states and Secretary General of BIMSTEC attended the meeting.The group was formed in 1997.
6.All India Institute of Medical Sciences (AIIMS) has started a wellness clinic for its medical students and doctors.Medical college in India experiences the highest level of stress than students in any other country.The wellness clinic is being run under the supervision of the AIIMS psychiatric department.
7.Defence Minister Nirmala Sitharaman met with South Korean counterpart Young-Moo Song.The two ministers discussed “issues of mutual interest” and ways to strengthen cooperation in defence and security.The meeting comes ahead of a planned high-level meeting between the rival Koreas.
8.NASA’s Parker Solar Probe, mankind’s first mission to ‘touch’ the Sun, has been launched today on a seven-year long journey.Liftoff took place from Space Launch Complex 37 at Cape Canaveral Air Force Station in the US early today.The Parker Solar Probe will perform the closest-ever observations of the Sun’s outer atmosphere, called the corona.
9.The Army is giving final touches to a long-pending project to manufacture specialized clothing, sleeping kits and key equipment for its soldiers deployed in the Siachen glacier – the world’s most dangerous battlefield.Currently, Army source the clothes and other equipment from US. Australia, Canada, and Switzerland.The army will save nearly 300 crores annually by indigenous production.
10.As per the IBA data, the percentage of NPA to outstanding education loan rose from 7.3 percent in March 2016 to 7.67 percent in the following year and then jumped to 8.97 percent in March 2018.The outstanding education loan amount at the end of 2017-18 was Rs 71,724.65 crore of which Rs 6,434.62 crore was NPA.PSBs’ share in total lending by banks to education sector is about 91.5 percent.
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