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Important Current Affairs 18th August 2017

Important Current Affairs 18th August 2017

Current Affairs 18th August 2017: NATIONAL NEWS

Indian shuttler Lakshya Sen won the Bulgaria Open title

Lakshya Sen on Thursday clinched the Bulgaria Open International Series title after notching up a hard-fought win over Croatia’s Zvonimir Durkinjak in the men’s singles final in Sofia, Bulgaria.
●    The Uttarakhand shuttler, who celebrated his 16th birthday on Wednesday, defeated second seed Zvonimir 18-21, 21-12, 21-17 in a 57-minute match. 
●    He had beaten Sri Lanka’s Dinuka Karunaratna 21-19, 21-14 in the semi-finals yesterday.
●    World Junior No 1 was recently sent to train under former All England champion Peter Gade, who is currently the head coach of French national team.
●    Lakshya had earlier reached the finals of Senior National championship in February.


India signs Grant Agreement with the World Bank

A Grant Agreement from the Global Environment Facility (GEF) of the World Bank of USD 24.64 million for “Ecosystem Service Improvement Project” was signed here today by Shri Sameer Kumar Khare, Joint Secretary (MI), Department of Economic Affairs (DEA), Ministry of Finance on behalf of the Government of India and Mr. Hisham Abdo Kahin, Acting Country Director for India on behalf of the World Bank. 
●    The Project Agreements were signed by Dr Neelu Gera, DDG (Research) on behalf of the Indian Council of Forestry Research & Education (ICFRE), Shri Amitabh Agnihotri, Additional Principal Chief Conservator of Forests on behalf of Madhya Pradesh Government and Shri R.B.P. Sinha, Additional Principal Chief Conservator of Forests on behalf of Chhattisgarh Government with the Acting Country Director for India, World Bank.
●    The size of Project is USD 24.64 million which entirely will be financed by the World Bank out of its GEF Trust Fund. The project’s duration is 05 years.


Five Indian-origin persons in Fortune's '40 Under 40' list


Five Indian-origin persons, including Irish Prime Minister Leo Varadkar, have featured in Fortune's annual list of 40 young and influential people in the field of business inspiring others with their work.
●    Fortune's 2017 '40 Under 40' list is an annual ranking of the most influential young people who are under 40 in business, whom the magazine termed as "disruptors, innovators, rebels and artists" inspiring others.
●    The list has been topped by 39-year-old French President Emmanuel Macron "France's youngest leader since Napoleon" who swept the presidential elections in May "obliterating the two-party system that had governed the country for generations."
●    The Indian-origin persons on the list are 26-year-old Divya Nag, who oversees Apple's ambitious ResearchKit and CareKit programmes that encourage developers to build health-related apps, Rishi Shah, 31, and Shradha Agarwal, 32, who helm more than 10-year-old health-tech firm Outcome Health and CEO and founder of non-profit Samasource 31-year-old Leila Janah.


Veteran photographer S Paul died

S Paul, the veteran photographer who was described as 'The Henry Cartier-Bresson of India' by B&W Magazine of US, died in New Delhi on 16 August 2017. 
●    He was 88.
●    He died at a private hospital after undergoing a surgery a few days ago.
●    A self-taught photographer, Paul discovered his passion for the art as a teenager. 
●    He joined The Indian Express in the 1960s and retired from the newspaper in 1989.
●    Paul received recognition and fame as a professional photographer when his pictures were selected for publication in three renowned British publications -- Amateur Photographer, Miniature Camera and Miniature Camera World.

BSNL launches mobile wallet 

State-run Bharat Sanchar Nigam (BSNL) has launched its mobile wallet in partnership with MobiKwik, reported a national news agency. 
●    The mobile wallet will enable one-tap bill payment for BSNL's over 100 million subscribers. Besides, the subscribers will also be able to use the digital wallet at over 1.5 million merchants across India. 
●    According to the company's statement, the digital wallet, developed by MobiKwik for BSNL, is in line with the telecom corporation's intent to take the reach of digital payments to semi-urban and rural India. 
●    The app will allow users to pay for online recharges, make bill payments, shop and book bus and train tickets. 

Current Affairs 18th August 2017: DEFENSE

Defense Ministry clears proposal to procure 6 Apache attack helicopters for Army


Defence Ministry on 17 August 2017 cleared a proposal to procure 6 Apache attack helicopters for Army. 
●    The acquisition of the helicopters, equipment and training will cost around four thousand 168 crore rupees.
●    The approved proposal is different from India’s purchase of 22 Apache and 15 Chinook helicopters from Boeing in 2015 for Rs 13 952 crores for the Air Force.
●    As per reports, the decision on procuring 6 Apache attack helicopters was taken in Defence Acquisition Council (DAC) meeting chaired by Defence Minister Arun Jaitley in New Delhi
●    The helicopters are being bought under an option clause of 50 percent repeat order in the previous deal under which 22 Apache attack choppers were bought for the IAF. 
●    The deadline for using the option clause is to end on 28 September 2017.

Current Affairs 18th August 2017: APPOINTMENT

Vishal Sikka resigns as Infosys CEO

Vishal Sikka on 18 August 2017 resigned as Managing Director and CEO of Infosys. 
●    The board has accepted his resignation with immediate effect.
●    Infosys in a notice to stock exchanges said Sikka will remain with Infosys as executive vice-chairman. 
●    The position is a newly created position at Infosys.
●    Infosys, second largest software exporter of India, has appointed chief operating officer UB Pravin Rao as interim managing director and CEO.
●    In June 2014, Indian-American Vishal Sikka took over as the first non-founder Chief Executive of Infosys.

Current Affairs 18th August 2017: ENVIRONMENT

Union Environment Ministry launches Harit Diwali, Swasth Diwali Campaign


Union Minister for Environment, Forest and Climate Change Dr Harsh Vardhan on 17 August 2017 launched the “Harit Diwali, Swasth Diwali” campaign.
●    The Ministry also administered a Pledge for a Green and Healthy Diwali to the gathering of students.  
●    The Pledge will be widely circulated to the schools, colleges and other educational institutions. 
●    The ministry launched the campaign while addressing a gathering of about 800 children from schools of Delhi and NCR.
●    The campaign is aimed at enlightening the children about harmful firecrackers.

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