Daily Current Affairs Update August-24 2017

1. Alibaba Group’s Jack Ma is back on top as Asia’s richest man following gains in the company's earnings and share price. Jack Ma is worth $37.4 billion, according to the Forbes real-time billionaires list.
  • Alibaba Headquarters in Hangzhou, China.

2. Supreme Court Declares Right to Privacy as Fundamental Right.  

3. External Affairs Minister Sushma Swaraj will inaugurate the country's first Videsh Bhavan, assimilating all Regional Passport Offices under one roof, at the Bandra Kurla Complex (BKC).

4. A two-day Meeting of Heads of Governments of Shanghai Cooperation Organization (SCO) Member States begun at Choplon Ata in Kyrgyz Republic.
Home Minister Rajnath Singh lead the Indian delegation

5. Software giant Microsoft has announced its 'Project Brainwave' deep learning acceleration platform for real-time artificial intelligence (AI).

6. Wayne Rooney, hailed from England retired from international football to prioritize ending his career on a high with boyhood club Everton.

7. Karnataka Government has signed a Memorandum of Understanding (MoU) with software giant Microsoft India to develop a unique “farm price forecasting model.”
It will aid farmers from states to predict farm prices in advance and deal effectively with the unpredictable market.

8.  Odisha Government has launched a grid-connected rooftop solar programme through net-metering system at the State Secretariat in capital city of Bhubaneswar.


9. Nepal has launched its climate-smart snow leopard landscape management plan. The plan aims to safeguard them endangered species of snow leopard and its habitat.

10. ‘Food ATM’ installed for poor and needy in Kolkata.
‘Food ATM’, a 320-litre refrigerator laden with leftovers, is ensuring that the poor and needy in the city do not go hungry, thanks to an initiative by a restaurateur. Asif Ahmed, the co-owner of Sanjha Chulha restaurant chain,
11. The 10th round of negotiations for the proposed free trade agreement between India and Canada started in New Delhi. 

12. The United States has sent its first shipment of anthracite coal to Ukraine from the U.S. port of Baltimore under a deal designed to increase Ukraine’s energy security.

13. Prime Minister Narendra Modi and actress Priyanka Chopra have found a spot in the LinkedIn Power Profiles List of 2017.

14. US military to install radar system in Palau, island nation south-west of Guam.

15. Indian Coast Guard ship 'Varuna' decommissioned with full armed forces honours after an illustrious service spanning about 30 years, in a traditional military ceremony held at the naval base,Kochi.

16. Odisha Chief Minister Naveen Patnaik conferred the Biju Patnaik Award for Scientific Excellence for the year 2016 to Prof Digambar Behera.

17. Google & Walmart has announced a partnership that will make Walmart’s products available on Google’s online shopping mall.

18. Infosys, India’s 2nd largest software services firm, lost its place in the list of country’s 10 most valued companies in terms of market capitalization.
  • Standing at a market cap of Rs2 trillion, Infosys now ranks at 11th position & has been replaced in top 10 by IOC.
  • Reliance Industries is the most valued company.
18. HDFC Bank has launched an all-in-one offering DigiPoS Machine, that offers a complete suite of digital payment solutions.

19. Nobel laureate Kailash Satyarthi would embark on a 35-day Bharat Yatra, leading a fight against child trafficking & child sexual abuse across the country.

20. Nachiket Madhusudan Mor was today re-appointed as a member of the Eastern local board of the Reserve Bank of India (RBI). 

21. A Festival of India is being organized in Brazil from 31 August-9 September 2017.  The Festival will showcase diverse Indian culture, i.e. classical dances, literature, cuisine and Exhibition on Mahatma Gandh

22. Indian Navy Band to Participate in International Military Music Festival in Moscow (Russia)

23. EPFO organizes Tiranga Yatra – Commemoration of 75th anniversary of the Quit India Movement in Mumbai 

24. Union ministry of urban development has assured Arunachal Pradesh government that Itanagar would be included as a special case in the Centre’s Smart City Mission.

25. Ride sharing company Uber today announced a partnership with Airports Authority of India (AAI) to offer easier options to riders for travelling from the airports. The service will be operational at the airports in Kolkata, Chennai, Bhubaneswar and Pune in the next couple of weeks.

26. Government has launched the integration of BHIM i.e. Bharat Interface for Money with cab aggregator Uber.

27. Madhur Bhandarkar's 'Indu Sarkar' is all set to open the 15th Annual Bollywood film festival, Norway to be held in September.

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