Current affairs updated - August fourth week

1.Nawaz Shariff withdraws support for PPP Govt. in Pakistan. The decision comes in the wake of Mr. Asif Ali Sardari standing in the forthcoming Presidential election.

2.Film Star Chiranjeevi launches new party' Prajarajyam'

3. Russia gives sovereign status to new countries- South Ossetia and Abkhasia.

Key facts:The decision follows after the week long war against Georgia. The above two regions were demanding independence from Georgia.

4.Infosys acquired UK based Axon Group, a SAP consulting services company listed on London Stock Exchange, for about $753 million

5.In July, mobile operators, GSM and CDMA together, added 9.22 million subscribers, Highest ever additions in Mobile subscription in a single month.

6.VHP sponsored bandh turned violent in Orissa with several churches burned 20 people killed in vilence in mainly in Kandhamal, Koraput, Bolangir districts.

Key facts:The bandh was called to protest killing of Swami Laxmanananda Saraswati and four of his disciples.

7.Inflation touches another record of 1.12 million percent in Zimbabwe.

Key facts: Robert Mugabe is the President of the country, who came into power recently after a controversial election.

8.India wins the one day series against Sri lanka winning the three consecutive one dayers after losing the first match.

Key facts: This is for the first time India wins a one day series in Sri Lanka. M S D hini declared the man of the series.

9.Prime minister declare Bihar floods as a national calamity.

Key facts:Prime minister allotted 1000 crore rupees as an immediate relief to Bihar.The floods are due to the change of course of the river Kosi. Half of Bihar is under water.

10.Shibu Soren sworn in as the Choef minister of Jharkhand.

Key facts:He comes in place of Madhu Koda who resigned earlier. He is the 4 th chief minister of Jharkhand in 8 year. The state was formed in 2000.

11.Annual inflation declined marginally to 12.40% for the week ended August 16, 2008, from 12.63% a week ago

12.Barck Obama officialy declared as the Democratic Nominee at the Democratic National Convention in Denver.

Key facts: Obama is senator from Illnois. Joe Biden is the Democratic Vice Presidential Nominee.

13. B Vaidyalingam is the new chief Minister of Pondicherry. He replaces S Rangaswamy.

14.German Chancellor Ms. Angela Merkel is the most powerful lady in the World, according to Forbes Magazine.

Key facts: From India.

• Sonia Gandhi at 21^st place.
• Mayawati at 59^th place.
• Kiran Mazumdar Shaw of Biocon at 99^th place.

14.India's GDP growth slows down to 7.9 percent for the first quarter of this year.

15. Sarah Palin, Governor of Alaska , declared as Republican Vice Presidential Nominee for this year' U S presidential elections.