1. Government approves MoU between India and America to establish PACEsetter Fund
The Union Cabinet gave its ex-post-facto approval for the Memorandum of Understanding (MoU) between American and India to establish the PACEsetter Fund. The PACEsetter Fund is a fund that supports the Promoting Energy Access through Clean Energy (PEACE) an initiative between US and India through Partnership to Advance Clean Energy (PACE). Accordingly both the countries has raised corpus of about 8 million US dollars (Rs. 50 crore) on a 50:50 sharing basis.
2. Jethabhai Patel elected Chairman of GCMMF, the marketing organisation of Amul
Jethabhai Patel the veteran cooperative leader and Sabar Dairy chief was unanimously elected as Chairman of the prestigious Gujarat Cooperative Milk Marketing Federation (GCMMF) that markets the Amul brand of dairy products in India and overseas. Patel will head GCMMF Asia’s largest milk cooperative and apex marketing body comprising 17 dairy unions of the state for next two and a half years. He was unanimously elected by chairmen of all 17 district dairy unions under GCMMF, who are also board members of GCMMF. Patel has been chairman of Sabarkantha District Cooperative Milk Producers Union Ltd, Sabar Dairy, since 2010. He had been serving as GCMMF’s interim chairman following a no-confidence motion passed against former Chairman Vipul Chaudhary in 2013.
3. Centre sanctions 1,500-MW solar power park for AP
The Ministry for New and Renewable Energy has sanctioned a 1,500-MW ultra mega solar power park for development in Kadapa district of Andhra Pradesh.
This will become the third park of over 1,000 MW to be taken up by the state. Two other parks of 1,000 MW each are being executed by NTPC at Anantapur and Kurnool districts, respectively.
4. Yahoo launches Livetext in India
Yahoo has launched its video chat application Livetext in India, which is being rolled out without audio, following its debut across certain global geographies last month. The app has live video texting facilities.
In July, Livetext was rolled out in the US, UK, Canada, Germany, France, Taiwan, Hong Kong and Ireland.
The app is being rolled out in India on both iOS (Apple’s Operating System) and Android.
5. China, Pakistan signed deals worth 1.6 billion US dollars to implement CPEC
China and Pakistan on 12 August 2015 signed 20 agreements worth 1.6 billion US dollars to implement the ambitious China-Pakistan Economic Corridor (CPEC) project. These agreements were signed during the CPEC Forum that was held at Karamay city in Xinjiang province of China bordering.
Both the countries together also issued the Karamay Manifesto on the China-Pakistan Economic Corridor (CPEC), a major project under China's Belt and Road Initiative.
6. Uninor signed worth Rs 1,200 cr contract with Huawei for modernising its network
Uninor a subsidiary of Norway’s telecom major Telenor has inked an agreement worth 1,200 crore rupees with Chinese firm Huawei for modernising and managing its network across six circles in the country. The advancement of payment will be done in phase manner for three years. As per the partnership Huawei will modernise and manage Uninor’s network by making it future ready for 4G network and internet service. Accordingly Huawei India will modernise its entire telecom network across all six operating telecom circles in Gujarat, Maharashtra, Andhra Pradesh, UP (East), UP (West), Bihar (including Jharkhand), which as of now has 24,000 base stations. Huawei has announced that the network modernisation will be done in environment-friendly green solutions that would lower power consumption by almost 30 per cent and increase spectral efficiency.
7. Libyan PM Abdullah al-Thani resigned hours after peace talks restarted
Prime Minister of Libya Abdullah al-Thani on 12 August 2015 announced his resignation during a live telecast. He announced his resignation hours after fraught peace talks between the country's rival factions restarted.
UN-sponsored round of peace talks between Libya's warring factions that started on 12 August 2015 in Switzerland's Geneva aimed at creating a unity government, with representatives of the powerful Tripoli parliament joining the negotiations, ended without any resolution.
Since fall of Moamer Kadhafi, Libya has plunged into chaos as two rival parliaments vying for power. On the other hand, several militia groups are also battling for control of the country's vast resource wealth.
At present, the elected government led by Al-Thani is working from a small eastern city near the border with Egypt. Rest part of the country including the capital Tripoli is being controlled by an Islamist militia alliance.
8. Sania Mirza became second Tennis player to be recommended for Rajiv Gandhi Khel Ratna
Sania Mirza, currently ranked world number one in women's doubles, became only
the second tennis player to be recommended for the prestigious Rajiv Gandhi Khel Ratna.
The first tennis player to be named for the top award was Leander Paes. He was bestowed the honour way back in 1996 after his bronze medal in the Atlanta Olympics.
Sports Minister Sarbanada Sonowal on 1 August 2015 recommended Sania's name for the highest honour that is given for achievement in sports. But, her name for the award was finally approved by the Sports Ministry-constituted awards committee headed by Justice VK Bali, the retired Chief Justice of the Kerala High Court.
The committee included eminent athletes such as Dola Banerjee, MM Somayya and Bhogeshwar Baruah and sports journalists apart from top officials of the Sports Ministry.