Current Affairs- Today’s Headlines: August 7, 2021

Here are Today’s News Headlines by GK Today for August 7, 2021

INDIA

– Lok Sabha passes bill for setting up central university in Ladakh; to be named Sindhu University
– Parliament panel recommends renegotiating Indus Water Treaty to address impact of climate change
– India, China disengage their troops in Gogra region in Eastern Ladakh
– MoS for Education Subhas Sarkar participates in G20 Research Ministers’ meeting
– Textile Ministry to celebrate 7th National Handloom Day on August 7
– CDRI (Coalition for Disaster Resilient Infrastructure) now has 25 countries, seven international organisations; was launched by India in 2019
– Cartoonist, sculptor and folk singer P.S. Banarji dies in Thiruvananthapuram at 41

PM-DAKSH

– Union Minister for Social Justice and Empowerment Virendra Kumar to launch ‘PM-DAKSH’ Portal and ‘PM-DAKSH’ Mobile App on August 7
– PM-DAKSH (Pradhan Mantri Dakshta Aur Kushalta Sampann Hitgrahi) eligible target group are provided skill development training programmes

MONETARY POLICY REVIEW

– Repo rate and reverse repo rate unchanged in RBI’s monetary policy review
– The repo rate and reverse repo rate would remain unchanged at 4 per cent and 3.35 per cent, respectively
– Retail inflation projection for 2021-22 raised to 5.7% from 5.1% in June
– Real GDP growth projection retained at 9.5% for 2021-22.

ECONOMY & CORPORATE

– Foreign exchange reserves surge by USD 9.427 billion to record high of USD 620.576 billion in the week ended July 30
– Taxation Laws (Amendment) Bill, 2021 passed by Lok Sabha; seeks to scrap contentious retrospective tax provision
– India’s trade deficit with China dips to $44 billion in 2020-21 from USD 53.57 billion in 2018-19
– SC rules in favour of Amazon against Future-Reliance merger deal

WORLD

– Hiroshima, Japan marks 76th anniversary of the world’s first atomic bombing

SPORTS

– Tokyo Olympics: Indian men’s 4x400m relay quartet of Muhammed Anas Yahiya, Tom Noah Nirmal, Rajiv Arokia and Amoj Jacob shatters Asian record
– Tokyo Olympics: Netherlands win women’s hockey gold, Argentina silver and Great Britain bronze
– England’s James Anderson (620 wickets in 163 tests) becomes 3rd highest wicket taker in tests behind Muttiah Muralitharan (800) and Shane Warne (708)
– Rajiv Gandhi Khel Ratna Award renamed as ‘Major Dhyan Chand Khel Ratna Award’

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