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Major News and Events of 22 August 2014

What Happened on 22 August 2014

Canadian Gaming Start-up to invest into India operations

A Canada-based mobile gaming start-up will be investing 1 million (Rs. 6.6 crore) in India to improve its business and product development in the country. Play It Interactive  President and Co-founder Cory Cleveland said that the investment in India will allow the gaming company to build opportunities in India and neighbouring countries. As per reports, Play It Interactive will open a head office in Mumbai and will recruit local talent.

Panasonic Eluga U smartphone available online for Rs 17220 on Flipcart

The Eluga U smartphone from Panasonic is available at a lower rate than its officially announced price. Eluga U is available on Flipkart for Rs 17220 while for Rs. 17730  on eBay. Originally it was priced at Rs. 18990. The device has a 5-inch 720p touchscreen, Android v4.4 Kitkat OS and 2GB RAM and 16 GB Internal storage.

Mayaram: Diesel prices to be market-linked soon

Finance secretary Arvind Mayaram said the government is expecting that the diesel prices will soon become market-linked in the backdrop of the softening of global crude oil prices. During an event organised by ASSOCHAM, Mayaram said the government stands by reducing its subsidy on diesel by 50 paisa per month. He also added that oil prices are softening and, therefore, he thinks that the government will be in a position to scrap the subsidy on diesel.

Film on Indira's killers sparks protests

Punjabi movie Kaum De Heere, which is based on the lives of the Beant Singh and Satwant Singh, the bodyguards of Prime Minister Indira Gandhi involved in her assassination, has put the security agencies of the nation in a tizzy. The Intelligence Bureau has said that the film could lead to tensions between the Hindu and Sikh communities. Some protests have already begun by few Hindu organisations and Congress’s youth wing is planning to organise some activities soon. The Censor Board had stopped its release in February, but after several scenes were cut from the movie, it was cleared for the release.

Flood situations still grim in UP and Bihar

Rivers Ghagra and Rapti are flowing above the danger-mark resulting in a grim flood situation in some parts of Uttar Pradesh and Bihar. As per reports, river Ghagra is flowing at the level of 61.42m above its danger level of 60.82m.  At Balrampur in UP, the river Rapti is also flowing much above the danger level.

Irom Sharmila arrested again on attempt to commit suicide

Activist Irom Sharmila has been arrested in Imphal by the police after she refused to undergo a medical check up and be forced fed. Santosh Macherla, ADG of Manipur said that the she has been arrested on the charges of attempt to suicide. On Friday morning, the police reached the spot of her protest and arrested her inspite of her resistance. As per sources, Sharmila was being taken for a medical checkup but after that she refused to eat or drink anything.

RBI likely to introduce plastic currency next year

The Reserve Bank of India (RBI) is planning to launch the plastic currency notes next year. It will introduce these notes on a pilot basis and will improve the security features so as to avoid the situations of counterfeit. As per reports RBI, is also seeking other alternatives which can be used to improve the quality of the bank notes. RBI governor Raghuram Rajan said that tender for 1 billion notes have been released.

Arvind Subramanian might be the next economic advisor

According to medi reports,US-based economist Arvind Subramanian is likely to be made the next chief economic advisor to Prime Minister Narendra Modi.  Finance Minister Arun Jaitley has recommended the appointment of Subramanian, who is a senior member at the Peterson Institute for International Economics. The cabinet-level approval is likely to be followed. Subramanian is likely to be appointed soon for this position. Thus, Subramanian will be the second internationally-renowned economist to be given a key position in India after Reserve Bank of India governor Raghuram Rajan who is a former chief of International Monetary Fund.


No Arjuna award for boxe Manoj Kumar

As per media reports, the Sports Ministry is sticking to its list of winners of Arjuna awards which does not include the name of boxer Manoj Kumar. Boxer Jai Bhagwan had recommended the name of Manoj Kumar which created a controversy. The selection committee headed by former cricketer Kapil Dev held a meeting again but decided not to make any changes in the list. Jiji Thomson, Director General of the Sports Authority of India (SAI) said that the panel has discussed about seven athletes during the review meeting, but unanimously decided not to make any changes in the list of 15-athletes.

FAQs and Answers on Indian History and Geography
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