News in Short

• Elon Musk is now the world’s fourth-richest person after Tesla Inc. shares surged 11 percent, closing at a record high and boosting his net worth by $7.8 billion.
• The rise vaulted the Tesla co-founder past French luxury tycoon Bernard Arnault, the wealthiest non-American on the Bloomberg Billionaires Index.
• Musk’s $84.8 billion fortune puts him within $15 billion of Mark Zuckerberg, number three on the ranking of the world’s 500 richest people.
• Musk’s Space Exploration Technologies Corp., or SpaceX, is poised to potentially pad his fortune further. The company is close to finalizing $2 billion in new funding that would increase its equity valuation to $46 billion.

• Bureau of Civil Aviation Security (BCAS) chief Rakesh Asthana has been appointed as director general of Border Security Force (BSF).
• Asthana, a 1984 batch IPS officer of Gujarat cadre who earlier served as CBI special director, will continue to hold additional charge as DG, Narcotics Control Bureau.
• The government also approved the appointment of V S K Kaumudi, chief of Bureau of Police Research and Development (BPRD), as special secretary (internal security) in the home ministry.

• Filmmaker-actor Nishikant Kamat died at the age of 50 in Hyderabad. He was admitted to AIG Hospital on July 31 after complaints of fever and excessive fatigue.
• In 2004, he made his debut as an actor in HavaAneyDey and as a filmmaker in 2005 with the commercially successful Marathi film DombivaliFast.
• In 2015, Mr. Kamat directed Drishyam, which was among his biggest hits in Bollywood. The filmmaker also directed Mumbai Meri Jaan (2008), Force (2011), LaiBhaari (2014), Madaari (2016) and RockyHandsome (2016).

• Music legend and the doyen of Indian classical vocal music Pandit Jasraj passed away. He was 90 years of age and was living in New Jersey state of United States.
• Born in Haryana, Jasraj was a recipient of various prestigious awards including Padma Shri, Padma Bhushan, and Padma Vibhushan.
• His musical career has spanned more than 80 years and led to numerous major awards. His performances of classical and semi-classical vocals have become albums and film soundtracks. Jasraj has taught music in India, Canada, and the US.

• Former cricketer and UP cabinet minister Chetan Chauhan passed away after succumbing to complications brought on by Covid-19. He was 73.
• Chauhan, minister of sainik welfare, home guards, PRD, and civil security was a minister of legislative assembly (MLA) from the Naugawan Sadat constituency in Amroha. He had also twice served as a member of parliament.
• As a cricketer he had been an opening batsman and represented India in 40 test matches after debuting in 1969 in a match against New Zealand.
• He played his last match in 1981 against Pakistan and was also awarded the prestigious Arjuna Award for his contribution to Indian sports.