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25 August 2017 – Current Affairs
Raghuram Rajan pens book “I do what I do” on his RBI stint
1.Former RBI Governor Raghuram Rajan has written a book titled ‘I Do What I Do: On Reform, Rhetoric & Resolve’. Raghuram Rajan explains economic concepts and talks of issues like tolerance and connection between political freedom and prosperity in his new book.
2. The book is a collection of essays and speeches during his time as Reserve Bank of India (RBI) governor. The book will release on 4 September, exactly a year after he quit as the RBI governor.
Nandan Niilekani returns to Infosys as the new chairman
1.Nandan Nilekani has been appointed as the New Chairman of the software giant Infosys. Nilekani has replaced R Seshasayee, who resigned as chairman of the board. Vishal Sikka stepped down as CEO of the company recently.
2.Sikka, who was appointed executive vice-chairman after he resigned as CEO, has also stepped down.
DHFL Pramerica life insurance company ties up with Kerala based Dhanlaxmi bank for Bancassurance
1.DHFL life insuurance based company ties up with Dhanlaxmi bank as its bancassurance partner. Under this agreement, it will distribute group life insurance products to its customers accross 260 branches in India.
2.With this tie-up, the company is in a strong position to consolidate its presence in Kerala, Tamil Nadu, Andhra Pradesh and Karnataka. The tie-up will further increase the insurance penetration in the region.
Ronaldo becomes the first player to be named Men’s player of the year three times
1.Real Madrid forward Cristiano Ronaldo has won the UEFA Men’s Player of the Year award for the 2016/17 season. He received the award at the 2017/18 UEFA Champions League group stage draw in Monaco.
2. Ronaldo picked up the trophy for the second consecutive season and third time in total. Ronaldo received 482 points in the poll, with Messi (141 votes) and Buffon (109 votes) finishing second and third respectively.
A Bilateral meeting between India and Uzbekistan held in New Delhi
1.The Commerce and Industries Minister, Mrs. Nirmala Sitharaman and Mr. Abdulaziz Kamilov, Minister of Foreign Affairs and Mr. Elyor Ganiev, Minister of Foreign Trade held detailed discussions on deepening trade and economic ties between India and Uzbekistan in a bilateral meeting in New Delhi.
2. Commerce Minister expressed happiness on the formation of an Uzbek India Trading House at Delhi as a Joint Venture Company.
Indian Navy band participates in international Military Music festival in Russia
1.The International Military Music Festival “Spasskaya Tower” is the parade of the best military music bands of Russia and other countries that takes place every year at Red Square in Moscow. This time Indian Navy Band is participating in the festival.
2. Every year about 1500 musicians, military men and other artists from around 40 countries perform at the “Spasskaya Tower”.
Tony de Brum passes away
1.Tony de Brum, the former Marshall Islands foreign minister who became a leading advocate for the landmark Paris Climate Agreement and an internationally recognised voice in the fight against climate change, has died aged 72.
2.De Brum was also the Pacific nation’s climate ambassador.
Ramananda Sengupta passes away
1.Country’s oldest cinematographer Ramanda Sengupta, who worked with legends like Jean Renoir, Ritwik Ghatak, and Mrinal Sen, died in Kolkata, West Bengal.
2.Sengupta was 101 years old. He got his first break in 1938 when he joined Film Corporation of India in Kolkata (then Calcutta) as an assistant cameraman. His first film as a full-time cinematographer was in Purbaraag directed by Ardhendu Mukherjee in 1946.
Amit Shah and Smiriti Irani swon in as Rajya Sabha MPs
1.BJP national president Amit Shah and Union Minister Smriti Irani were officially swon in as Rajya Sabha MPs in Delhi on Friday.
2.This is Amit Shah’s debut in the Parliament and was elected to the Upper House from Gujarat earlier this month.Shah has been a five-term MLA in the Gujarat Assembly.