1. Model United Nations Regional Conference underway at Kathmandu
A Model United Nations Regional Conference is being held at Kathmandu. The event is organised by the US Embassy in partnership with the Youth Thinker's Society.
The basic aim of the MUN is to provide a platform to young minds to channelise energy and resources for a more prosperous and peaceful world.
The conference simulate four UN committees–United Nations Environment Programme (UNEP), Economic and Financial Committee (ECOFIN), United Nations Security Council (UNSC) and United Nations Human Rights Council (UNHRC).
The delegates are discussing a wide range of issues including environment and water security, promoting human rights of migrant workers, finance security, nuclear non-proliferation and countering youth radicalisation.
2. USIBC plans to break free from Chamber
The U.S. India Business Council (USIBC), a forum of companies that seek to promote business cooperation between the two countries, has decided to de-link from the U.S. Chamber of Commerce and function as an autonomous entity.
The U.S. Chamber houses bilateral councils for several other countries, but USIBC and the U.S.-China Council are the most prominent.
3. Training centre for high-speed rail to come up in Gujarat
The country is set to get its first high-speed rail training centre at Gandhinagar.
The training centre will have a sample track fitted with the overhead electrical systems to enable testing of bullet trains that will run on the Mumbai-Ahmedabad route.
While India’s first bullet train is proposed to hit the track in 2023, the training centre is supposed to start operating by 2020, said Achal Khare, managing director, National High Speed Rail Corporation (NHSRC).
4. DIPP to set up India’s first TISC in Punjab
The Department of Industrial Policy and Promotion (DIPP) signed an Institutional agreement with the Punjab State Council of Science and Technology in New Delhi to establish India’s first Technology and Innovation Support Center (TISC) at Patent Information Centre, Punjab, under the World Intellectual Property Organization’s (WIPO) TISC program.
The objective of the TISC is to stimulate a dynamic, vibrant and balanced Intellectual Property Rights (IPRs) system in India to foster creativity and innovation, thereby promoting entrepreneurship and enhancing social, economic and cultural development by establishing a network of TISCs in India.
The Cell for IPR Promotion and Management (CIPAM) is designated as the National Focal Point for the TISC national network.
5. New Doppler weather radar commissioned
Indigenous Doppler weather radar, capable of predicting with increased accuracy weather events such as cyclone occurring in 500-km radius from Kochi, was inaugurated by Union Minister Harsh Vardhan, at Palluruthy in West Kochi.
The government is also exploring the scope of desalination of sea water, and various departments will be part of the mission, which seeks to scale up the activity to make drinking water available to all.
The S-Band Doppler weather radar in Kochi was made with support from ISRO and Bharat Electronics.
6. SBI waives charge on IMPS fund transfer of up to Rs 1,000
Country's largest bank SBI has waived charges for fund transfer of up to Rs 1,000 through its IMPS (Immediate Payment Service) to promote small transactions.
State Bank of India had been charging Rs 5 along with the applicable service tax for IMPS fund transfer of up to Rs 1,000.
IMPS is an instant interbank electronic fund transfer service through mobile phones as well as internet banking.
For IMPS, charge will be Rs 5 along GST for fund transfer in the range of Rs 1,000 to Rs 1 lakh. The charge will go up to Rs 15 for transactions of Rs 1-2 lakh.
GST at the rate of 18 per cent is applicable on all financial transactions.
7. Sandeep Patil named brand ambassador of indoor cricket team
Former Indian batsman Sandeep Patil was named as the brand ambassador of the Indian Indoor Cricket Team.
Patil, a member of the 1983 World Cup-winning squad, will be the face of the team in the lead-up to the 10th edition of the World Indoor Cricket Federation (WICF) World Cup, to be held from September 16-23 at the Insportz Club in Dubai.
8. Justice Vikramajit Sen appointed new BCCC chairperson
The Board of Directors of Indian Broadcasting Foundation (IBF) appointed former Supreme Court judge, Justice Vikramajit Sen, as the new chairperson of Broadcasting Content Complaints Council (BCCC).
It is the independent self-regulatory body set up by the Foundation in June 2011 to examine content-related complaints relating to all non-news general entertainment channels in India.
Justice Sen succeeds former Punjab and Haryana high court Chief Justice, Justice Mukul Mudgal, whose three-year term as BCCC Chairperson came to an end.
9. Vijaya Bank MD & CEO gets Skoch award
Kishore Sansi, Managing Director and CEO of Vijaya Bank, has been conferred the ‘Personality of the Year’ award by Skoch Consultancy Services.
The award is part of the ‘Skoch Banking and Financial Leadership’ series.
Past recipients of the award include C Rangarajan, Dilip Parekh and Nandan Nilekani.
Important
Vijaya Bank was established on 23 October 1931.
MD& CEO of Vijya Bank is Dr. Kishore Sansi.
Headquarter:-Bengaluru
10. Liu Xiaobo, Chinese dissident who won Nobel prize, dies
Nobel Peace Prize laureate Liu Xiaobo, China’s most prominent political prisoner, died on Thursday.
Liu was imprisoned for the first time in connection with the 1989 Tiananmen Square pro-democracy protests.
He was awarded the Nobel Prize in 2010 while serving his fourth and final prison sentence, for inciting subversion by advocating sweeping political reforms and greater human rights in China.
11. President of India receives first copy of book “President’s Lady”
Vice President Hamid Ansari on Thursday released “President’s Lady,” a book on Suvra Mukherjee, the late wife of President Pranab Mukherjee, and presented its first copy to the President.
The book has been authored by Sangeeta Ghosh.
The bilingual compilation in English and Bengali contains reminiscences of people who knew Suvra Mukherjee, including former Prime Minister Manmohan Singh, his wife Gursharan Kaur, and former Delhi Chief Minister Sheila Dikshit.
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