Current Affairs- Today’s Headlines: August 4, 2021

Here are Today’s News Headlines by GK Today for August 4, 2021

INDIA

– SC stays NGT (National Green Tribunal) order prohibiting use of parks for social, cultural functions
– Madras High Court quashes Tami Nadu law banning online games like rummy and poker
– IMD undertakes installation of Agro-Automatic Weather Stations to provide exact weather forecast
– Centre to implement Deep Ocean Mission at total budget of Rs 4,077 crore for 5 years
– Delhi govt approves salary hike for MLAs recommended by Centre; MLAs will now get Rs 90,000 per month as salary and allowances
– Veteran Kathakali exponent Nelliyode Vasudevan Namboothiri dies at 81; was winner of Kendra Sangeet Natak Akademi award

ECONOMY & CORPORATE

– Parliament passes the Insolvency and Bankruptcy Code (Amendment) Bill, 2021 that specifies a minimum threshold of not more than Rs 1 crore for initiating the pre-packaged insolvency resolution process for MSMEs
– Lok Sabha passes Essential Defence Services Bill-2021, which aims to prevent workers of the government-owned ordnance factories from going on strike
– RBI issues norms for outsourcing payment, settlement activity by non-bank payment system providers (PSOs)
– Battery Operated Vehicles exempted from payment of fees for the purpose of issue or renewal of registration certificate and assignment of new registration mark

WORLD

– IMF says Covid-19 spending pushes current account imbalances higher
– Kiren Rijiju to attend the Eighth Justice Ministers Meet of the Shanghai Cooperation Organization.
– US approves sale of Harpoon Joint Common Test Sets to India worth USD 82 million; Harpoon is an all-weather, over-the-horizon, anti-ship missile system

SPORTS

– Sports Minister Anurag Thakur launches theme song for Tokyo Paralympics; song “Kar De Kamaal Tu” is composed and sung by Divyang cricket player Sanjeev Singh

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