- Asian Development Bank (ADB) has approved a loan of $1 billion to support the construction of the high-speed, modern Delhi-Meerut Regional Rapid Transit System. The officials of NCR Transport Corporation, entity executing the project, confirmed the news on August 18, 2020.
- Reliance Retail has acquired a majority equity stake in ‘Netmeds’ for approximately Rs 620 crores. The announcement was made by the Reliance Industries Limited (RIL) through a statement on August 18, 2020.
- Dream11 on August 18, 2020 won IPL 2020 title sponsorship bid for Rs 222 crores. The fantasy sports platform outbid IPL Title Sponsor favourites Tata Sons and educational platforms Byju’s and Unacademy to win the IPL Title rights.
- Mali President Ibrahim Boubacar Keita announced his resignation and dissolved the Parliament on August 19, 2020 after he was reportedly detained at gunpoint by mutinying soldiers.
- Bhagat Singh Koshyari took oath as the new Governor of Goa on August 19, 2020. Koshyari has been given additional responsibility, as he is also the Maharashtra Governor. The move follows the transfer and appointment of former Goa Governor Satya Pal Malik as the new Governor of Meghalaya.
- The Hockey India executive board has announced immediate support for 61 athletes who are not employed due to the ongoing COVID-19 pandemic. The athletes include both junior and senior male and female athletes.
- India’s Foreign Secretary Harsh Vardhan Shringla said during the concluding day of the two-day visit to Bangladesh that the country will get priority in the COVID-19 vaccine produced by India. He stated that India is in an advanced stage of COVID-19 trial and it is going to produce vaccines at a massive level.
- India is planning to build a new road from Manali to Leh to facilitate troop movement to Ladakh without observation from the enemy. The new road will provide the third link between the high altitude Union Territory and the rest of the country.
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