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Current Affairs 4 August 2019

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Current Affairs 4 August 2019

shape Introduction

Current Affairs is a type of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or ongoing at the time of broadcast. The article Current Affairs 4 August 2019 includes News summary on current events of International, National, Education, Banking, Sports, Awards, Appointments, and Obituary importance of 4 August 2019.

shape International

A year of promises, crackdown & censorship in Pakistan

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Key Highlights
  • It’s been a year since the Pakistan Tehreek-e-Insaf (PTI) formed its government in Islamabad. Opposition parties, including the Pakistan People’s Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N), had alleged that the 2018 general elections had been rigged in favour of Imran Khan’s PTI. But nothing stopped Mr. Khan becoming the Prime Minister.

  • A year later, many issues still remain the same, if not worse, according to political analysts. “What do they have to show? All they have done is to repeat the mantra of ‘chor, dark, literary’ [thieves, dacoits, and looters] for the Opposition, while not doing much for the people of Pakistan, said Iftikhar Ahmad, a senior journalist. “The PTI is on a mission to eliminate the Opposition. That’s all this government is interested in.”
Accuses U.S. of violating ‘consensus’ reached in Osaka on not raising further duties

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Key Highlights
  • China is bracing for a long trade war with the U.S. which could last at least 15 years, in tune with Beijing’s push to emerge as the world’s leading economy by 2035.

  • China made it explicit that it was prepared for a long haul, after U.S. President Trump indicated a 10% tariff hike on Chinese goods worth $300 billion from September 1.
El Paso gun attack leaves 20 dead

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Key Highlights
  • Twenty people have been killed and 26 injured in a mass shooting in the Texas city of El Paso.

  • Governor Greg Abbott described it as "one of the most deadly days in the history of Texas".

  • The massacre happened at a Walmart store near the Cielo Vista Mall, a few miles from the US-Mexican border.
New PM Boris Johnson to spend $2.2 billion on upgrade to UK hospitals

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Key Highlights
  • UK Prime Minister Boris Johnson unveiled 1.8 billion pounds ($2.2 billion) in additional funding for the National Health Service, delivering on a pledge made during the 2016 Brexit referendum campaign.

  • The money will be used to add hospital beds, wards, and cutting-edge equipment, according to a statement from the prime minister’s office. Of the total, 850 million pounds will be used at 20 hospitals nationwide.

shape National

Centre destroying economy - Rahul Gandhi

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Key Highlights
  • Responding to comments by business leaders of an economic slowdown, outgoing Congress chief Rahul Gandhi alleged that the Centre can “only destroy” what had been built over decades.

  • “The BJP government can’t build anything. It can only destroy what was built over decades with passion and hard work,” Mr. Gandhi tweeted and tagged a clip of various media reports talking of slowdown.

  • From a comment by Larsen and Toubro Chairman A.M. Naik warning of the slowdown to government telecom companies like BSNL, MTNL failing to pay July salaries to the railways planning to hive off employees, several business reports were attached to his tweet.
The details of searches have been withheld as the operation is going on

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Key Highlights
  • The CBI is carrying out searches at multiple locations in connection with the Unnao rape victim’s accident case, officials said.

  • Despite the outrage, Unnao bats for rape-accused Kuldeep Singh Sengar

  • The details of searches have been withheld as the operation is going on but it is understood that 17 places are being searched, they said.
India asks Pakistan Army to take back bodies of BAT squad

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Key Highlights
  • The Indian Army had asked the Pakistan Army to take back the bodies of their Border Action Team (BAT) squad lying in Indian territory, Army sources said.

  • “Pakistan Army has been offered to approach with a white flag and take over the bodies for last rites. Pakistan Army is yet to respond,” an Army source said. The bodies are lying in the open, he added.

shape Education

Application begins next week. Steps to apply, exam date, notification, eligibility here

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Key Highlights
  • Indian Institutes of Management Kozhikode will conduct the common admission test (CAT) 2019. The official notification has been released already.

  • The application process for CAT 2019 will begin from August 7, Wednesday and will close on September 18, 2019.

  • Candidates can check the official advertisement and information bulletin on its official website at iimcat.ac.in.

shape Banking

Corporation Bank Q1 net up 21.50 per cent

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Key Highlights
  • Corporation Bank registered a net profit of ₹103.27 crore in the first quarter of 2019-20 as against a profit of ₹84.96 crore in the corresponding period of the previous fiscal, recording a growth of 21.55 per cent.

  • The gross NPA (non-performing asset) of the bank stood at 15.44 percent (17.44 percent), and net NPA at 5.69 percent (11.46 percent) during the period.

shape Sports

India defeat West Indies in their first match after 2019 World Cup

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Key Highlights
  • Playing their first match after 2019 World Cup, India defeated West Indies by four wickets in the first T20I of the three-match series on Saturda.

  • With the victory, India also ended their three-match losing streak in T20Is. Further, the match witnessed debutant Team India pacer Navdeep Saini take three wickets and bowl 19 dot balls in his 4 overs.

shape Appointments

HAL appoints M S Velpari as Director of its operations unit

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Key Highlights
  • M S Velpari replaces Sunil Kumar as the director (operations) at the Bengaluru based Hindustan Aeronautics Ltd (HAL).

  • Mr. Velpari joined HAL as a management trainee in 1985 and also held various posts like Chief of Project of LCA-(Light Combat Aircraft)- Tejas at the LCA division.
Siddhartha Mohanty takes charge as MD&CEO of LIC Housing Finance

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Key Highlights
  • Siddhartha Mohanty(Odisha) has assumed charge as MD(Managing Director) & CEO(Chief Executive Officer) of LIC Housing Finance (Life Insurance Corporation HFL) one of the largest housing finance companies in India. He replaces Shri Vinay Shah.

  • He also worked as Chief of Investments(Monitoring), Regional Head of marketing in LIC in the States of Maharashtra, Gujarat, and Goa.

shape Books

“Tools and Weapons: The Promise and The Peril of the Digital Age” co-authored by Microsoft President Brad Smith & Carol Ann Browne set to launch on Sep 11, 2019

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Key Highlights
  • The book co-authored by Microsoft President Brad Smith & Carol Ann Browne, a director of communications at Microsoft.

  • “Tools and Weapons: The Promise and The Peril of the Digital Age” will be released on September 11, 2019. It is published by Hachette Publishers.

shape Obituary

National Bravery Award winner Situ Mallick passed away in a road accident in Odisha

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Key Highlights
  • Situ Mallick, aged 16, passed away in a road accident near Jarimula under Rajnagar area of Kendrapara district, Odisha.

  • He had saved his uncle from the jaws of a crocodile and was awarded National Bravery Award 2019 instituted by the Indian Council for Child Welfare from Prime Minister Narendra Modi. Situ Mallick and his cousin Bapu Mallick were the 2 persons killed in a road accident.

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