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1.Person in News

Hardik Satishchandra Shah becomes new Private Secretary to the Prime Minister

1 1 Daily Current Affairs Update | 03 August 2020

Hardik Satishchandra Shah is a 2010 batch IAS officer

He has been appointed as Private Secretary to the Prime Minister on a co-terminus basis

He is currently serving in the PMO as Deputy Secretary

2.Person in News

ICRA appoints N. Sivaraman as its MD and Group CEO

2 1 Daily Current Affairs Update | 03 August 2020

ICRA is one of India’s domestic rating agencies

N Sivaraman is now its new managing director and group chief executive officer for three years

CARE, ICRA and CRISIL are India’s top domestic rating agencies

Quick Fact: ICRA is headquartered in Gurugram, Haryana

3.Economy

Bijapur, Chhattisgarh tops Niti Aayog’s aspirational districts ranking

3 1 Daily Current Affairs Update | 03 August 2020

Since May 2018, districts have been ranked by NITI Aayog based on progress made (‘delta ranking’) on a real-time basis.

Bijapur district in Chhattisgarh has topped the list

Ri-Bhoi (Meghalaya) and Bahraich (Uttar Pradesh) have ranked at the second and third positions, respectively.

4.Sports

Harikrishna wins second place at Biel Chess Festival

4 1 Daily Current Affairs Update | 03 August 2020

P Harikrishna is an Indian grandmaster

He finished second in the rapid section of the 53rd Biel International Chess Festival in Switzerland.

Radoslaw Wojtaszek of Poland won against him to come first

5.Person in News

Padma Shri awardee Sonam Tshering Lepcha passes away

5 1 Daily Current Affairs Update | 03 August 2020

Sonam Tshering Lepcha won the Padmashri for his contribution in the field of folk music.

He belonged to Kalimpng, West Bengal.

Although he was a soldier, he later travelled within Sikkim to compile a wide range of Indian folk and traditional Lepcha songs and played folk music on All India Radio in 1960

Quick Fact: Lepcha is one among the main tribe and indigenous people of Sikkim

6.Economy

Apple becomes world’s most valuable company

6 1 Daily Current Affairs Update | 03 August 2020

Apple Inc’s stock has increased by 10% to a record high.

This development has made Apple the world’s most valuable publicly listed company.

This was Apple’s largest one-day percentage gain since March 13


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