August 1

Mukesh Ambani Becomes Asia’s Second-Richest Person.
Reliance Industries Chairman Mukesh Ambani has overtaken Hong Kong business magnate Li Ka-shing to become Asia's second-richest man. According to the Bloomberg Billionaires Index.
Ambani's wealth has seen a rise of $12.1 billion with the oil-to telecom conglomerate's shares seeing a surge with investors rallying behind his decision to launch the cheapest 4G phone.

August 2

InCred ropes in Rahul Dravid as brand ambassador
Fintech startup InCred has signed up former Captain of Indian Cricket Team, Rahul Dravid, as its brand ambassador.
Bhupinder Singh, Founder & CEO, InCred, informed Rahul Dravid is the obvious choice since he truly epitomises the values of InCred. Rahul was India's ‘Mr. Dependable’ for his unwavering focus and the ability to deliver results.

August 3

Arvind Panagariya resigns as NITI Aayog vice chairman
Arvind Panagariya has stepped down as Vice Chairman of the government think tank NITI Aayog. The Columbia University professor will be returning to the U.S. to rejoin academia.
Panagariya, who was Prime Minister Narendra Modi’s pick for the top job at NITI Aayog, had quit the post to return to the academic world and requested that he be relieved of his post by August 31. Indications are that Kumar would assume charge from September 1.
His last day in office will be August 31 and he is likely to rejoin the University on September 5.

UK's Prince Philip retires from public duty after 65 years
UK's 96-year-old Prince Philip retired from public duty after serving for over 65 years as the Captain General of the Royal Marines.
The Prince announced his retirement in May this year, after completing over 22,000 solo appearances. However, as the Duke of Edinburgh, the Prince will still appear at Queen Elizabeth II's side from time to time.

Cheteshwar Pujara, Harmanpreet recommended for Arjuna Award.
Cricketers Cheteshwar Pujara and Harmanpreet Kaur, Paralympic medalists Mariyappan Thangavelu and Varun Bhati, and golfer SSP Chawrasia are among 17 sportspersons to be conferred the Arjuna Award this year.
Tennis player Saketh Myneni and wrestler Satyawart Kadian, who is Khel Ratna awardee Sakshi Malik's husband, are also among the recommendations for the award, which will be given on August 28.

August 4

Neymar becomes world's most expensive footballer at ₹1,680 crore
Brazil's Neymar has become the world's most expensive footballer, with Paris Saint-Germain signing him for a five-year deal from Barcelona for a fee of ₹1,680 crore (€222 million).
The 25-year-old, who scored 105 goals in 186 Barcelona appearances, will earn ₹6.5 crore-a-week before tax. His transfer fee is more than double that of Paul Pogba's record move to Manchester United.

JK Rowling named Forbes’ highest paid author of the year
Harry Potter creator JK Rowling has been named the world's most highly-paid author with earnings of £72.2m ($95m) this year. The announcement came soon after her fans celebrated the 20th anniversary of her first instalment of the Harry Potter series.
This is the first time that Rowling has topped Forbes’ list of the 10 highest earners in the global industry for the first time in almost 10 years. The author whose books were turned into one of the largest franchisees on the big screen made her screenwriting debut last year with Fantastic Beasts and Where to Find Them.

August 5

Akshay Kumar appointed brand ambassador for Swachh Bharat Mission in Uttar Pradesh
Uttar Pradesh Chief Minister Yogi Adityanath announced the appointment of Bollywood actor Akshay Kumar as the brand ambassador of the Swachh Bharat Mission in the state and also made his upcoming film "Toilet: Ek Prem Katha" tax free.

August 6

Johnson & Johnson's heir confirmed as US Ambassador to UK
The US Senate has confirmed Woody Johnson, heir to the Johnson and Johnson pharmaceutical empire and the owner of the New York Jets football team, as the next US Ambassador to UK.
Johnson, who is a long-time Republican donor, donated $1 million to Trump during his presidential campaign and was named in November as finance chair of his inaugural committee.

August 7

Jadeja banned for one Test after getting demerit points vs SL
Indian all-rounder Ravindra Jadeja has been suspended for the final Test against Sri Lanka, after his accumulated demerit points reached six within a 24-month period.
Jadeja received three demerit points in the second Test for throwing the ball at a Sri Lankan batsman off his own bowling. Jadeja had earlier received three demerit points against New Zealand last year.

August 8

Health and wellness startup signed Hrithik Roshan as brand Ambassador
Health and wellness startup has signed on actor Hrithik Roshan as brand ambassador in what is touted as one of the largest endorsement deal signed by an Indian startup.
The five-year association, valued at Rs 100 crore, includes the actor’s equity stake in the company in lieu of cash investment, promotions and royalty from his personal brand HRX’s specialised workout plan. This plan will be introduced across Cult fitness centres operated by
Roshan’s deal with is the latest among startups signing on celebrities for brand recall and positioning. will soon be launched as a mobile app is expected to rake in Rs 250-crore annual business in the coming years. Health and wellness startup signed Hrithik Roshan as brand Ambassador. The company will soon launch do-it-yourself format for the HRX workout. He will also be promoting’s philosophy of a healthy lifestyle.

August 9

Shooter Shapath Bhardwaj is youngest to figure in govt’s Olympic scheme
Budding India shooter Shapath Bhardwaj, aged 15, has become the country's youngest athlete to figure in the government's Target Olympic Podium (TOP) scheme.
The Meerut-based Shapath, studying in class 10, is among 45 elite athletes, including Olympic medalists PV Sindhu, Sakshi Malik and Saina Nehwal, to be selected for the ambitious scheme.
TOP Scheme Elite Athletes Identification Committee in the Ministery of Youth Affairs and Sports, which is chaired by ace shooter and Olympic gold medalist Abhinav Bindra, selected the athletes after evaluating their performance in relation to the international standard.
Shapath attracted the attention of shooting fraternity when he was selected for India's double trap team at the age of 14 after selection trails in Patiala in November 2016.

August 10

Madhubala's wax figure unveiled at Madame Tussauds in New Delhi
Madhubala's wax figure inspired by her legendary character 'Anarkali' from the film 'Mughal-e-Azam' was unveiled by Madame Tussauds, Delhi.
Madhur Brij, sister of the late Bollywood actress, was present to be part of the launch. Overwhelmed to know that Madhubala's figure would be part of the Madame Tussauds Delhi. This figure would allow her admirers to cherish the golden era of cinema and once again see her beauty.
The figure has been created beautifully by the artists of Madame Tussauds. In the words of Petra, the studio specialist, it involved tremendous research which included meeting the family members and studying the photos and videos available of the celebrity. There were many artists who worked for over six months to create the figure of the actress with fabrics and accessories sourced from India and put up beautifully by artists abroad.