The Supreme Court directed Sahara group's two companies to refund Rs. 17,400 crore to investors within 3 months at 12% interest. Queen Elizabeth opened the London Paralympic Games. Bhilai Steel Plant won the prime minister's trophy for the 10th time.

1. CURRENT AFFAIRS:
Supreme court directed sahara group’s 2 company (sahara real state
corporation & sahara housing investment corporation) to refund 17,400
crore rupees to their investor within 3 months with 12% interest.
Queen Elizabeth opened the London paralympic games which will be the
biggest in event’s 64 year history.
Bhilai steel plant won the prime minster’s trophy for the 10th time . it is the
flagship company of india’s largest public sector steel maker SAIL.
Antony Jenkins is appointed as the group chief executive of Barclays (british
banking giant) on 30th aug 2012.
Raghuram Rajan, former chief economist of International Monetary Fund
(IMF) took over as the Chief Economic Advisor on 29 August 2012.
Indian government , on 29th aug 2012, approved a fund of 14000 crore to
spur the production of hybrid and electrical vehicle in country.
England test team captain , Andrew strauss , announced his retirement from
international cricket on 29th august.
Special court convicted 32 people, including former Gujarat Minister Maya
Kodnani and Bajrang Dal leader Babu Bajrangi for Naroda Patiya Riot
2002,.
Aditi mukherjee , delhi based scientist, won the Norman Borloug Award in
field research.
On 29th aug an amendmend was passed to anti child labour act to ban the
complete employment of children below 14 yr in hazardous and non
hazardous work. Also children below 18 yr can be employed only in non
hazardous work.
Admiral Devendra Kumar Joshi (DK Joshi) took over as the new Indian
Navy chief on 31 August 2012
The Union government of India on 31 August 2012 nominated industry
leader Deepak Parekh to Competition Commission’s Eminent Persons
Advisory Group (EPAG). The group advises the anti-trust regulator on good
global practices and other issues.
Tech Mahindra on 4 September 2012 acquired the back office unit of
Hutchison Global Services (HGS), for $87.1 million (Rs 484.03 crore). The

2. deal made with the HGS is supposed to give it a revenue rise of USD 845
million over the next five years. Hutchison Global Services (HGS),
basically provides call centre and customer life-cycle operations to
customers in UK, Ireland and Australia. Whereas, Tech Mahindra is a
leading provider of solutions and services to the telecommunications
industry with a majority stake owned by Mahindra & Mahindra Limited, in
partnership with British Telecommunications plc.
The two corporate giants Alstom Grid and Toshiba Corp entered into
partnership for their smart grid business by signing a Memorandum of
Understanding on 6 September 2012. The goal of the collaboration is to
secure the supply of energy by identifying different types of electricity
management solutions. Alstrom Grid is a 125 years old company and placed
among the three global players of electrical transmission. Whereas, Toshiba
Corp is a renowned Japanese electronics company engaged in development
of electrical products, internet based services and solutions
India has managed to enter into its first multi-lateral Social Science research
collaboration with four European Nations (netherland, france, germany, uk)
Cabinet on 6th sep 2012 decided to split 2 subisdaries of air india. the two
units Air India Engineering Services Limited (AIESL) and Air India
Transport Services Ltd. (AITSL) will be operational as two completely
owned subsidiaries and treated as separate profit centers. Air India that has
reportedly suffered a loss of about 7,853 crore in the financial year 20112012
The West Bengal government on 8 September 2012 signed an agreement of
103 crores with a leading IT firm TCS (Tata Consultancy Services) to
monitor management of the MGNREGA fund by providing end to end ICT
solution for e- governance . T CS will provide a 5-year support to the system
after implementation.
External Affairs of India, SM Krishna visited Pakistan from 7 to 9
September 2012 to review progress in the Dialogue process. During his visit,
India and Pakistan issued a joint statement.
Tennis player Serena Williams of USA won her fourth Women's Singles US
Open title in New York by beating Victoria Azarenka of Belarus. Also this
was Serena's 15th Grand Slam singles crown.

3. the Italian duo of Sara Errani and Roberta Vinci won the Women's Doubles
trophy.
Lewis Hamilton, the driver of McLaren's became the winner of the Italian
Grand Prix 2012 . He is 27 years old Formulae one driver from England, has
been a 2008 Formulae one World Champion. Lewis Hamilton is also known
as the first black driver in formulae one.
A Polar Satellite Launch Vehicle (PSLV-C21) blasted off and placed two
foreign satellites (SPOT-6, French earth observation satellite & Proiteres, a
15-kg Japanese microsatellite) in orbit, accomplishing the Indian Space
Research Organisation’s 100th mission on 9th sep 2012
The University of Petroleum and Energy Studies on 5 September 2012, on
the occasion of teacher’s day felicitated padamshree Dr. AN Purohit with
siksha ratna award.
New president of Somalia (Africa) : Hassan sheikh mohamud.
AMISOM: African union mission in somalia
Former chief justice Rangnath misra (21 st chief justice, from sep 1990 to
nov 1991) died on 13th sep 2012. He chaired the famous Ranganath Misra
Commission that was constituted by his name on 29 October 2004 by the
Government of India to deal and look after the issues related to Linguistic
and Religious minorities in India. Ranganath Misra was the head of the
judicial commission that was appointed for the probe in the anti-Sikh riots of
New Delhi after the former Prime Minister Indira Gandhi was assassinated.
In march 2013 miss india worldwide peagent will be held in kualalampur.
(capital of Malaysia)
In the Child Mortality Estimates Report 2012 published on 12 September
2012, by United Nations Children’s Fund (UNICEF), India was placed at the
top position in the chart
A Smiling Armadillo is declared to be the official mascot for the 2014 FIFA
World Cup in Brazil.
State-owned Bank of India (BoI) opened its first branch in Johannesburg
(South Africa) in a move to enhance the relationship between South Africa
and India while contributing to the overall development of the BRICS
grouping.
United state ambassador to Libya, Chris Stevens with three other embassy
staff were killed on 9 September 2012 after some fundamentalist mobs

4. fumed and protesting over a film mocking Prophet Mohammed in Libya. He
is the second U.S. ambassador who had been killed during an outstation
posting since the death of Adolph Dubs in 1979 during his tenure in
Afghanistan.
Government on 11 September 2012 reduced interest rates on rescheduled
crop loans from 12 to 7 per cent in drought-affected areas for this fiscal. It
also increased the number of guaranteed work days under the MGNREGA to
150 days from 100 days.Four Indian states namely Karnataka, Gujarat,
Maharashtra and Rajasthan
Massachusetts Institute of Technology (MIT) topping the list of best
universities issued by the QS World University Rankings for 2011-2012 for
the first time that there is a massive rise in the tech-based universities of the
world. Cambridge University that had managed to be at second position in
the list has seen a slight depression from its first slot, whereas Harvard
University was ranked to be at third position in the list.
International union for conservation of nature (iucn)
India, Myanmar and Thailand on 10 September 2012 reviewed trilateral
connectivity project and decided to make all efforts to implement this by
2016 at the meeting of the India-Myanmar-Thailand Joint Task Force, in
New Delhi. they also decided to take steps to harmonisation of customs and
immigration procedures at border
Jeet Thayil, Kerela born novelist 53 years, has been shortlisted for £ 50,000
the Man Booker Prize for the year 2012 for his debut novel Narcopolis.
Before this in the year 2008, Arvind Adiga won the booker prize for his
debut novel The White Tiger. Apart from them Arundhati Roy, Salman
Rushdie, Kiran Desai were also booker prize winner,
Vice president of India Hamid Ansari released the book “Muslim in Indian
cities”
US swimmer Michel Phelps, who is playing his 4th Olympics, with this
victory took his individual Olympic tally to 19 (15 gold, two silver and two
bronze), surpassing the 18 won by Soviet gymnast Larisa Latynina between
1956 and 1964. He first swam at the Olympics in 2000 Sydney Olympics,
when he was just 15. He became the youngest American male swimmer in
68 years. Phelps has to his credit the record of winning maximum number of
gold medals (8) won in a single Olympics,
On 31 july United Progressive Alliance government allocated P
Chaidambaram the portfolio of Union Finance Ministry. Previously

5. Chidambaram was serving as the Union Home Minister. Sushilkumar
Shinde, was given the charge of Union Home Ministry while, Corporate
Affairs Minister Virappa Moily was given the additional charge of Power
Ministry. President of India Pranb Mukherjee signed the notification on the
reallocation of ministries.
Chidambaram, 66, was given the charge of Home Ministry following the
resignation of Shivraj Patil who was forced to step down after the Mumbai
Terrorist attack on 26 November 2008.
Assam’s Kokrajhar and Udalguri district remained a recipient of violence
since 20 July 2012. The whole incident started when the violence got
triggered with the firing on two student leaders , Mohibul Islam of All
Bodoland Minority Students' Union (ABMSU) and Abdul Siddique Sheikh
of All Assam Minority Students' Union (AAMSU) by unidentified gunmen
at Anthihara in Kokrajhar.
Hockey India on 30 July 2012 signed a multi-year broadcast agreement with
ESPN STAR Sports to exclusively broadcast all international hockey test
matches under Hockey India to be played in India for the next 5 years.
Under the agreement the ESPN STAR Sports will also exclusively cover
Hockey India League (HIL), which is expected to be launched in January
2013.
According to forbes- bill gates in the richest man in America with $ 66
billion , for 19 year in a row. Warren buffet of Berkshire hatchway is on 2nd
place with $ 46 billion , and larry Ellison of oracle is on 3rd place with 41
billion
The researchers from the Michigan State University found that the bacteria
named 'Cupriavidus metallidurans' is metal tolerant bacteria which can grow
on huge concentration of gold chloride which itself is a very toxic chemical
compound found in nature. It is now being called as Microbial alchemy transforming gold from something that has no value into a solid, precious
metal that's valuable
Senior IAS officer Ajit M Sharan was appointed as Member Secretary in
National Commission for Women (NCW) on 3 October 2012.
Ajit Sharan is of Haryana cadre. He is going to be in the rank and pay of
Additional Secretary.
The Appointments Committee of the Cabinet has also appointed Rajiv
Mehrishi, an IAS officer batch of the Rajasthan cadre, as Secretary, Ministry
of Overseas Indian Affairs in the vacancy of Parvez Dewan, a IAS officer of
Jammu and Kashmir cadre.

6. Rajiv Mehrishi is presently Special Secretary, Department of Agricultural
Research and Education, Ministry of Agriculture.
The date for Himachal Pradesh election is November 4 2012 and for Gujarat
it is 13 December and17 December 2012.
The fight in both States is between the ruling BJP and the Opposition
Congress and the results for both the states will be announced on December
20.
From this election period Model Code of Conduct has come into operation
and Election Commission is going to enforce it strictly and will monitor all
activities related to elections in these states