INDIAN AFFAIRS
- Indian President Ram Nath Kovind inaugurated the “International Buddhist Conclave (IBC), 2018” at Vigyan Bhawan, New Delhi.
- Strong wage policies needed to promote inclusive growth in India: as per ‘India Wage Report: Wage policies for decent work and inclusive growth’
- Central Government launched Draft International Air Connectivity (IAC) schemeto extend affordable air travel programme UDAN (Ude Desh Ka Aam Nagrik) to international circuits.
- Punjab Cabinet approves formation of State Higher Education Council
- Uttar Pradesh government has decided to name the upcoming Bundelkhand Expressway as ‘Atal Path’to honour former Prime Minister Atal Bihari Vajyapee.
INTERNATIONAL AFFAIRS
- The United States has imposed preliminary anti-dumping duty of 50.55 % on India-made metal pipes.
BANKING & FINANCE
- Ujjivan Small Finance Bank announced the launch of its overdraft facility for micro and small enterprises (MSE).
BUSINESS & ECONOMY
- Moody’s Investorservices report called Global Macro Outlook for 2018-19, the Indian economy will grow by around 5 per cent in 2018 and 2019.
AWARDS & RECOGNITION
- Forbes released its 2018 top 10 highest paid lists:P.V. Sindhu,Akshay Kumar,Salman Khan ranked in top 10
APPOINTMENTS & RESIGNS
- President Ram Nath Kovind re appointed Arun Jaitleyas Finance Minister after he recovered from a kidney ailment.
- National Green Tribunal (NGT) has appointed retired judge S J Vazifdaras head of a three-member committee.
- Abu Dhabi Investment Authority (ADIA),the world’s second largest sovereign wealth fund, has hired private equity veteran Kabir Mathur to head operations in India.
- Maharashtra Forest Minister Sudhir Mungantiwar announced the appointment of actor Raveena Tandonas the brand ambassador of the Sanjay Gandhi National Park (SGNP)based in Mumbai.
SCIENCE & TECHNOLOGY
- Europe launched a rocket named “Aeolus”from French Guyana.
- Indian Institute of Technology, Hyderabad, announced the launch of Fabless Chip Design Incubator (FabCI)exclusively for startups in chip design.
- Scientists have developed a wireless ‘in-body GPS’ system named “ReMix”that can accurately locate ingestible implants and track tumours inside the body.
SPORTS
- Olympic Council of Asia (OCA)has given recognition to Kho-Kho, India’s indigenous sport.
BOOKS & AUTHORS
- “Sea Prayer”, the new book of writer Khaled Hosseiniwill be released
OBITUARY
- Veteran journalist and former Rajya Sabha MP Kuldip Nayar dies
IMPORTANT DAYS
- August 23- International Day for the Remembrance of the Slave Trade and Its Abolition