Pakistan defeated the world XII by 20 runs in the first Twnety20 match.
Garbine Muhuruza became World No. 1 for the first time. Muguruza the wimbledon champion takes over from Karolina Pliskova at the top.
Dassault Systems, the French maker of computer assisted design programes, to establish a data centre in India by 2018
Rating agency Fitch said, Indian banks will need about $65billion (earlier estimate was $90 billion) additional capital to meet the new Basel-III norms that will be fully implemented by March 2019. The gross NPA ratio has reached 9.7% in FY2017, up from 7.8% in FY2016. The government is committed to invest only another $3 billion in fresh equity for 21 state banks over FY2018 and FY 2019.
The Badminton Association of India has chosen Prakash Padukone for its first ever Lifetime Achievement Award. BAI president– Himanta Biswa Sarma
Rafael Nadal won his third US Open title and 16th Grand Slam defeating South African Kevin Anderson
IUC– Interconnection Usage Charges
United Nations Human rights chief- Zeid Ra’ad Al Hussein
Singapore is likely to have its first woman President of the country. Elections department did not identify the candidate, but former speaker of Parliament Halimah Yacob confirmed that she had qualified.
India agreed to enhance existing assistance to Afghanistan security forces, including incapacity building and training of Afghan soldiers in India, during the recent Partnership Council meeting between foreign ministers of both Countries. Foreign Minister o f Afghanistan- Salahuddin Rabbani
The Shape of Water, a dazzling sci-fi romance by Mexican director Guillermo Sel Toro won Golden Lion award at Venice film festival.
The Industrial Policy Resolution of 1956, known as economic constitution of India.
What is Big Four? The Big 4 refers to the four largest accounting firms in the world. These firms provide an extensive range of accounting and auditing services including external audit, taxation services, management and business consultancy, and risk assessment and control. Deloitte Touche Tohmatsu PricewaterhouseCoopers(PwC) Ernst & Young (E&Y) Klynveld Peat Marwick Goerdeler (KPMG)
American historian Hatch Dupree, who dedicated most of her life to preserving Afghanistan’s heritage, died aged 89.
CVPS– Sophisticated Currency Verification and Processing
Nirmala Sitharaman flagged off all women India navy crew sailing around the world in 7 months. Women crew of Navik Sagar Parikrama will circumnavigate the globe in INS Mandovi. Navik Sagar Parikrama perhaps the first ever attempt by an all women crew to circumnavigate the globe will have stopovers at four ports Fremantle (Australia) Lyttleton (New Zealand) Port Stanley (Falklands) Cape Town (South Africa) Crew will return to Goa in April next year.
USISPF– US-India Strategic Partnership Forum
USIBC– US India Business Council- acting president Khush Choksy
NCLT is expected to admit or reject a case within 14 days of a case being filed.
Pankaj Advani, 32 yeaer old Billiards and Snooker star is the owner of 16 world titles and numerous international trophies.
Hockey India men’s team coach Sjoerd Marijne.
15 year old Sonam Malik defeated Japanese Sena Nagamoto to bag the gold in World Cadet wrestling championship in Athens.
Paper titled “India income inequality, 1922-2014: from British raj to Billionaire raj” excerpts that Income in equality in India is at its highest level since 1922.
Ajay Bhusan Pandey– CEO of Unique Identification Authority of India.
Famous annual snake boat refatta Uthrittathi Valamkali was held in the river of Pampa at Aranmula in Kerala.
The unruly passenger will be put on a no fly list which will be made public and maintained by the Director general of Civil Aviation. The ban will range between three months and a lifetime depending upon the gravity of the offence.
Tennis player, Garbine Muguruza, halied her climp to World no. 1 spot in new WTA rankings to placed live on Monday.
Powerful Hurricane Irma cut a swathe of deadly destruction in Florida.
TADA court, judge G.A. Sanap, convicts six accused for March 12, 1993 mumbai serial bomb blast. Court awarded the death sentence to Tahir Merchant and Firoz Abdul Rashid Khan, life imprisonment to Abu Salem and Karimullah khan and 10 year imprisonment to Riyaz siddiqui. One of the convict Mustafa Dossa died of heart attack on June 28. The only person who was not found guilty was abdul Qayoom Karim Shaikh
Black money worth Rs. 4900 crore was disclosed by 21,000 people under the Pradhan mantra Garib kalian Yojna.
Prime minister Narendra Modi ended his Myanmar trip visiting the ‘mazr’ of the last Mughal emperor Bahadur Shah Zafar and 2500 years old Shwedagon pagoda (considerd as pinnacle of the Myanmar’s cultural heritage) and performing pooja at Kalibari temple.
Viveck Goenka elected as the Chairman of Press trust of India. While N Ravi elected as Vice-chairman of PTI.
THAAD– Terminal High Altitude Area Defence
AUM– Asset under Management- total AUM as on august 31 was Rs. 20.60 lakh crore.
Hockey India removed the Chief Coach Dutchman Roelant Oltmans from the post.
India will host the 2019 edition of the Commonwealth (Youth,junior abd senior) weightlifting championship.
India defeated Srilanka in one-off Twenty-20 by seven wickets.
BCCI and in-charge of women’s cricket- Diana Edulji
A Punj Lloyd JV has won a Rs. 177 crore project in Myanmar from the National Highway Authority of India in a bid to construct the Yahyi-Kalewa road section in Myanmar.
IOM– International organization for Migration appealed for an immediate relef assistance of $18 million for dislocated Rohingya muslims.
How India Sees the World: kautilya to the 21st century, a book authored by former Foreign secretary Shyam Saran.
M2M Communications– Machine to Machine Communications
A 1300 km undersea pipeline from Iran can bring natural gas from the Persian Gulf to India at rates less than the price of LNG available in the spot market. LNG imported through hips costs about $7.50 per billion British thermal unit. GSPA– Gas sale and purchase agreement.
RCEP– Regional Comprehensive Economic Partnership, the mega-FTA involves 10-member ASEAN bloc and its six FTA partners including India, China, Japan, Australia and New Zealand.
K.V Chaowdhary appointed as Central Vigilance Commissioner, the chief of the country’s top anti-corruption body.
Nationally renowned journalist and activist Gauri Lankesh shot dead in Bengaluru.
Konsam Ormila Devi bagged Gold medal in 44kg weight category at the Commonwealth youth weightlifting championship.
Star India acquired the IPL media rights for a staggering Rs. 16347.5 crore for the next five year i.e. global broadcasting and digital rights from 2018 to 2022. The previous 10 year contract for the IPL’s TV rights was bought by Sony for Rs. 8200 crore in 2008.
Domestic Systematically Important banks (D-SIB)– RBI added HDFC bank in the list of D-SIB RBI had started listing D-SIBs from August 2015. Following the global crisis of 2008, it was decided to identify highly interconnected financial institutions and prescribe them higher capital requirement. SBI and ICICI bank were identified as D-SIB both in 2015 and 2016.