03 August 2018 Current Affairs

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India’s Q1 fiscal deficit at 68.7%
The government of India reported a fiscal deficit of Rs. 4.29 trillion ($62.57 billion) for April-June, or 68.7% of the budgeted target for the current fiscal year 2018-19 compared with 80.8% a year ago.

NDA act 2019 passed
The United States Congress has passed the National Defense Authorisation Act-2019 (NDAA-19) which capped its security-related aid to Pakistan to $150 million, significantly below the historic level of more than $ 1 billion to $750 million per year.

Anup Maheshwari as joint CEO & CIO of IIFL Mutual Fund
IIFL Mutual Fund appointed Anup Maheshwari as the joint Chief Executive Officer (CEO) and chief investment officer (CIO).

Ballistic Missile Interceptor AAD Successfully Flight Tested
DRDO conducted the successful test of the Ballistic Missile Interceptor Advanced Area Defence (AAD) at from Abdul Kalam Island, Odisha.

Akshay Venkatesh wins prestigious fields medal
Akshay Venkatesh, a renowned Indian-Australian mathematician, is one of four winners of mathematics’ prestigious Fields medal, known as the Nobel prize for math. Each winner receives a 15,000 Canadian-dollar cash prize.

Apple becomes 1st US-based company
Apple Inc. became the first US-based company with a market value of $1 trillion, four decades after it was co-founded by Steve Jobs in a Silicon Valley garage.

Neeraj Chopra wins gold medal
Indian javelin thrower Neeraj Chopra, won a gold medal in the Savo Games in Lapinlahti, Finland.

Veteran screenwriter Jalees Sherwani passes away
Jalees Sherwani, who had penned lyrics for several films like Dabangg, Wanted and Tere Naam, passed away. He was 70


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