1.Industry chamber ASSOCHAM appointed former bureaucrat Uday Kumar Varma as its new Secretary General.He succeeds DS Rawat who held the position for nearly 14 years.
2.Prasar Bharati and Mizzima Media of Myanmar signed a Memorandum of Understanding on 24th August 2018.The Agreement will realize cooperation and collaboration in various fields of broadcasting.It also envisions sharing covering a wide range of genres, including culture, entertainment, education, science, news and sports.
3.A book on the former Prime Minister Atal Bihari Vajpayee has been launched.The title of the book is “Atal Ji Ne Kaha“.The book has been authored and compiled by Brijendra Rehi.
4.The World Bank (WB) has launched a blockchain-only bond.Named bond-i, or Blockchain Offered New Debt Instrument, the bond will be created and managed with distributed ledger technology.The World Bank mandated Commonwealth Bank of Australia to arrange the world’s first blockchain bond.The World Bank bonds carry an AAA rating.
5.Indian women’s kabaddi team won a silver medal at the Asian Games 2018.Indian team was defeated by Iran in the final match.
6.Centre for Science and Environment (CSE) released a report on air and travel-related pollution loads caused by urban transport.The report, titled “The Urban Commute,” was released on 24th August 2018.The report made an assessment of the 14 most populous cities of India.Among the 14 cities, Bhopal has the lowest particulate matter, carbon dioxide and nitrogen oxide load.
7.Ujjivan Small Finance Bank, a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has launched an overdraft (OD) facility for micro and small enterprise (MSE) customers across its branches nationally.The facility is an add-on product to the existing MSE term loans offered by the bank. The OD facility is offered to all MSEs with a turnover of Rs 50 lakh or more, at a competitive rate of interest.This interest rate is for one year, with a credit limit between a minimum of Rs 11 lakh to a maximum of Rs 50 lakh, which can be renewed annually.
8.The National Green Tribunal (NGT) has appointed former Punjab and Haryana High Court Chief Justice S J Vazifdar as head of a three-member committee to decide mining company Vedanta's plea challenging closure of its Sterlite copper plant at Tuticorin.
9.The Centre unveiled a draft scheme for extending the affordable air travel programme UDAN to international circuits, with state governments identifying the routes for operation. The draft International Air Connectivity (IAC) scheme envisages to increase the international ticketing to 20 crore by 2027.
10.UDAN (Ude Desh Ka Aam Naagrik) was launched in 2016 to make air travel affordable for people through subsidised ticket rates and to provide air connectivity to smaller towns.
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