1. 2015 Singapore General Elections: PAP returns to power
i. In recently concluded 2015 Singapore General Elections, People’s Action Party (PAP) led by Prime Minister Lee Hsien Loong has emerged victorious. PAP returned to power after scoring a landslide victory by winning an absolute majority of 83 seats in the 89 member Parliament.
ii. The opposition Workers’ Party won 6 seats. In this general election, PAP has secured 70 per cent of all valid votes up from 60.14 per cent in the 2011 general elections, when it had won 81 of the 87 constituency.
iii. With this victory, governing PAP has secured their 14th consecutive term in office since independence of city-state in 1965. 2015 Singapore General Elections was country’s first election after the death of its founding Prime Minister Lee Kuan Yew.
2. Indra Nooyi, 2nd powerful women in 2015 Fortune’s business list
i. Indra Nooyi, CEO of food and beverage giant PepsiCo is the sole Indian-origin executive in 2015 edition of Fortune’s list of 50 Most Powerful Women in Business.
ii. India-born Nooyi was placed at second position in this year’s list and has moved up by single position from her previous third position in year 2015. This edition of the list was topped by General Motors CEO Mary Barra. She heads United States largest auto-maker and it is her second year as head.
3. Leander Paes, Martina Hingis won US Open Mixed Doubles Title 2015
i. Leander Paes and Swiss Martina Hingis won the US Open Mixed Doubles Title 2015. This fourth seeded Indo-Swiss pair defeated unseeded Americans Bethanie Mattek-Sands and Sam Querrey 6-4, 3-6, 10-7 in a tricky final which lasted for one hour and seventeen minutes. The pair fired 32 winners and staved off four of five break points during the 77-minute affair. This is 17th Grand Slam crown for Paes.
ii. With this victory, they became the first team since 1969 to win three Grand Slam mixed doubles titles in the same season at the US Open. They defeated Daniel Nestor and Kristina Mladenovic in the Australian Open final 2015 and beat Alexander Peya and Timea Babos in the Wimbledon title match 2015 itself.
iii. With the mixed double win, Paes surpassed compatriot and former partner Mahesh Bhupathi's record of eight mixed doubles titles. As Paes has now eight men's doubles and nine mixed doubles title in his pocket.
4. Three IIA members awarded at Asia Brand ceremony
i. Three IIA members were felicitated at the 10th Asia Brand Ceremony, which is also termed as the Oscars of Industry awards in Asia.
ii. During the ceremony, IIA members like MD of Celestial Knit & Fabs Private Limited, Noida got the Asia Brand Annual Personality Award and Top 500 Asia Brand Award, Noida's Rajiv Bansal, Manali Pigments Private Limited 's MD Manmohan Agrawal from Lucknow feted with awards such as Top 10 Most Influential Brand Award, Asia Famous and Fine Brand and Asia's Annual Innovative Enterprise Award, similarly Puri Industries' MD Kush Puri, was felicitated with Asia Famous and Fine Brand Award.
5. Current a/c deficit narrows to 1.2% of GDP in April-June
i. A decline in merchandise imports helped the country narrow its current account deficit to 1.2 per cent of GDP in the first quarter of the current financial year compared with 1.6 per cent in the year ago period.
ii. The reduction in the CAD was also enabled by higher net earnings through services exports and lower outflow on account of primary income (profit, dividend and interest), according to RBI data on balance of payments
iii. In absolute terms, the CAD, which arises when a country’s total import of goods, services and transfers is greater than exports, was at $6.2 billion in the April-June quarter, compared with $7.8 billion in the year ago quarter.
6. Indian golfer Aditi Ashok claims Singha Thailand Amateur title
i. Aditi Ashok clinched the Singha Thailand Amateur Championship after carding a one-over 73 to finish the tournament at two-under 286, five shots ahead of Australian Gennai Goodwin and Thailand's Chakansim Khamborn.
ii. Bengaluru's 17-year-old Aditi opened the final round with bogeys on 2nd and 3rd before firing birdie on 11th and then dropped another shot on 14th followed by a birdie on 16th to claim the title at the Par-72 Panya Indra Golf Club.
iii. This is the third International victory in 2015 for the current leader of Indian Golf Union ladies order of merit after the St. Rule Trophy at St. Andrews in June and Ladies British Amateur Stroke Play Championship in England last month.