Daily Current Affairs 07th August 2024, Important News Headlines (Daily GK Update)

International News

Nobel Laureate Muhammad Yunus To Lead Bangladesh Interim Government

Bangladesh’s Nobel laureate Muhammad Yunus will head the country’s interim government after former Prime Minister Sheikh Hasina stepped down and fled the country amid a mass uprising against her rule led mostly by students. The announcement early on August 7, came from Joynal Abedin, the press secretary of President Mohammed Shahabuddin.

States News

Rs 920 Cr Namami Gange Mission 2.0 Projects In UP And Bihar

In a significant stride towards rejuvenating and conserving the sacred River Ganga, the Government of India has successfully completed and operationalized four major projects under the Namami Gange Mission 2.0 in the first quarter of fiscal year 2024-25. These initiatives located across the mainstream of the river Ganga in Bihar and Uttar Pradesh, are pivotal in the ongoing efforts to curb pollution and enhance the ecological health of the Ganga and its tributaries.

Appointments News

Lt Gen Vikas Lakhera Assumes Charge as Assam Rifles Director General

On Thursday, a significant change in leadership took place as Lt General Vikas Lakhera assumed charge as the new Director General of the Assam Rifles, an organization fondly known as the “Sentinels of the Northeast”. This transition marks a new era for the paramilitary force that has long been crucial to maintaining peace and security in India’s northeastern region.

Dinesh Karthik, A New Ambassador for SA20 League

In a move that bridges the cricketing worlds of India and South Africa, former Indian wicketkeeper-batsman Dinesh Karthik has been named the brand ambassador for the SA20 League. This appointment marks a significant step in the league’s efforts to expand its global reach and solidify its position in the competitive landscape of T20 cricket.

Government Appoints Challa Sreenivasulu Setty as SBI Chairman

On August 6, 2024, the Appointments Committee of the Cabinet (ACC) approved the appointment of Challa Sreenivasulu Setty as the Chairman of the State Bank of India (SBI). Setty, currently the senior-most Managing Director (MD) of SBI, will assume the role on August 28, 2024, succeeding Dinesh Kumar Khara, who will retire upon reaching the age limit of 63 for the position.

Economy News

Govt Reverses Decision: Indexation Benefits Restored For LTCG Tax

The government has reversed its controversial decision to remove indexation benefits for long-term capital gains (LTCG) tax on property sales. Taxpayers now have a choice between a lower tax rate without indexation or a higher rate with indexation for properties bought before July 23, 2024.

Important Days News

National Javelin Day 2024: Celebrating India’s Golden Moment in Athletics

On August 7, 2021, Neeraj Chopra etched his name in history by winning India’s first-ever Olympic gold medal in track and field. His historic javelin throw of 87.58 metres not only secured the gold but also made him the second Indian to win an individual Olympic gold, following Abhinav Bindra.