 The Reserve Bank of India has decided to set up a “Central Payment Fraud Registry”. The registry will track frauds in the payment systems. Under this registry, payment system participants will be provided access to it for near-real time fraud monitoring. The aggregated fraud data will be published to educate customers on emerging risks. Currently, banks report all banking frauds to the Central Fraud Monitoring Cell of the Reserve Bank of India. |
| Source: The Live Mint |
 Securities and Exchange Board of India has approved Singapore Stock Exchange and National Stock Exchange of India Ltd to operate jointly in Gujarat International Finance Tec-City, Gandhinagar. The two entities will create a new platform for trading called NSE International Financial Service Centre (IFSC)-SGX Connect. The new platform will allow trading in Nifty index derivatives, as well as single-stock derivatives of Nifty’s 50 constituent. |
| Source: The Live Mint |
 The 5th edition of International Army Scout Masters Competition with teams from 8 countries including India, China and Russia as participants was inaugurated at the Jaisalmer Military Station under the aegis of the Southern Command. Lt Gen DS Ahuja, Chief of Staff of the Indian Army’s Southern Command, and Deputy Defence Minister of Russia Yunus Bek Evkurov unveiled the trophy of the competition and unfolded the event’s flag at the inaugural ceremony. Army Scout Master Teams from Armenia, Belarus, China, Kazakhstan, Russia, Sudan, Uzbekistan and India are participating in the 9-day event from August 6 to 14. |
| Source: The Business Standard |
 The Centre has approved a Kosi-Mechi river interlining project in Bihar. Estimated cost of the project is Rs 4,900 crore. The project will provide irrigation for over 2.14 lakh hectares of command areas spread across the districts of Araria, Kishanganj, Purnia and Katihar in north Bihar. This is India’s 2nd major river linking project after Ken-Betwa of Madhya Pradesh. |
| Source: The Times of India |
 August 6 marks the anniversary of the atomic bombing in Hiroshima during World War II. The horrific incident took place on August 6, 1945, when the United States dropped an atomic bomb named Little Boy, on the town of Hiroshima in Japan. This was the first time in the history of warfare when an atomic bomb was used against a nation. The incident wiped out around 90% of the city and killed around 80,000 people and had left scars on the city even after all these years. |
| Source: The News18 |
 Indian off-spinner Ravichandran Ashwin has been named as Professional Cricketers Association’s Player of the month of July 2019. He has been named for his consistent performances in the county championships as he hit 197 runs and picked up 23 wickets from just 3 matches for Nottinghamshire. |
| Source: The India Today |
 South African bowler Dale Steyn has announced his retirement from Test cricket. Dale Steyn has played 93 Tests for South Africa, finishing with 439 wickets, the most in the long format by a south african bowler. His strike-rate of 42.3 balls per wicket is the best of anyone with more than 200 Test wickets. Steyn will be available to play for South Africa in One-Day and T20 International series. |
| Source: The Indian Express |
 Vinesh Phogat won gold in women’s 53kg category at Poland Open wrestling tournament in Warsaw. Vinesh prevailed 3-2 over local wrestler Roksana in the final of the competition. This is her 3rd consecutive gold in women’s 53kg category after Grand Prix of Spain and Yasar Dogu International at Istanbul in Turkey. |
| Source: The Hindu |
 The United States has officially labeled China a “currency manipulator”. The US has accused China of using yuan to gain “unfair competitive advantage” in trade. The US took the action as Beijing has allowed its yuan to fall below the politically sensitive level of “seven” to the U.S. dollar for the first time in 11 years. |
| Source: The Hindu |
 The 2nd All India Annual Conference of Indian Information Service Officers was held in New Delhi. The Conference was organized with a view to attain greater integrationof all Media Units under the Ministry of Information & Broadcasting in order to further amplify government communication. A Performance Review of Media Unitsunder the Ministry of Information & Broadcasting was also conducted during the Conference. |
| Source: The Press Information Bureau |
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