Weekly Current Affairs Of July 1st week
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Weekly Current Affairs Of July 1st week
Weekly Current Affairs Of July 1st week
INTERNATIONAL AFFAIRS
INTERNATIONAL AFFAIRS
India Ranked 117th in SDG Index 2020, Sweden Tops: Sustainable Development Report 2020
The 2020 report has reviewed the performance of 193 UN Member States out of which 166 were ranked under SDG index 2020.
The 2020 report has reviewed the performance of 193 UN Member States out of which 166 were ranked under SDG index 2020.
India-Afghanistan inked 5 MoUs for development of educational infrastructure in Afghanistan
In order to strengthen the bilateral development partnership, the Government of India has inked 5 Memoranda of understanding (MoUs) with Afghanistan under the former’s high impact community development projects (HICDP) programme.
About Afghanistan:
Currency– Afghan afghani
President– Ashraf Ghani Ahmadzai
In order to strengthen the bilateral development partnership, the Government of India has inked 5 Memoranda of understanding (MoUs) with Afghanistan under the former’s high impact community development projects (HICDP) programme.
About Afghanistan:
Currency– Afghan afghani
President– Ashraf Ghani Ahmadzai
Currency– Afghan afghani
President– Ashraf Ghani Ahmadzai
India Ranked 31st in INFORM Risk Index 2020 for Humanitarian crises & Disasters; Somalia Tops
In accordance with the “INFORM Report 2020:Shared evidence for managing crises and disasters” released by research centre INFORM, operating under European Commission (EU), India has ranked at 31st place with an inform risk of 5.4, means risk of humanitarian crises and disasters .
In accordance with the “INFORM Report 2020:Shared evidence for managing crises and disasters” released by research centre INFORM, operating under European Commission (EU), India has ranked at 31st place with an inform risk of 5.4, means risk of humanitarian crises and disasters .
Record 53.6 mt of E-waste Dumped Globally in 2019; China Tops: UN Global E-waste Monitor 2020 Report
In accordance with “The Global E-waste Monitor 2020 report-Quantities, flows, and the circular economy potential” report, the world dumped a record 53.6 million tonnes of e-waste in 2019, an increase of 21% in 5 years.
China is the biggest contributor to e-waste with 10.1 million tonnes (mt) followed by the United States (US) with 6.9 mt and India with 3.2 mt at 2nd and 3rd rank respectively.
In accordance with “The Global E-waste Monitor 2020 report-Quantities, flows, and the circular economy potential” report, the world dumped a record 53.6 million tonnes of e-waste in 2019, an increase of 21% in 5 years.
China is the biggest contributor to e-waste with 10.1 million tonnes (mt) followed by the United States (US) with 6.9 mt and India with 3.2 mt at 2nd and 3rd rank respectively.
KKR to Buy 54% Stake in JB Chemicals for about Rs 3,100 crore
US private equity giant KKR has agreed to acquire a 54% stake(41.7 million or 4.17 crore fully paid up equity shares) in Mumbai-based drug manufacturer JB Chemicals & Pharmaceuticals for approximately Rs 3100 crore.
US private equity giant KKR has agreed to acquire a 54% stake(41.7 million or 4.17 crore fully paid up equity shares) in Mumbai-based drug manufacturer JB Chemicals & Pharmaceuticals for approximately Rs 3100 crore.
77.9% Russians Grant Putin Right to Extend His Rule Until 2036
The 78% Russian electorate have voted in favour of constitutional amendments that will allow 67 years old President Vladimir Putin to stay in power until 2036
About Russia:
Capital– Moscow
Currency– Russian Rouble
Prime Minister– Mikhail Vladimirovich Mishustin
The 78% Russian electorate have voted in favour of constitutional amendments that will allow 67 years old President Vladimir Putin to stay in power until 2036
About Russia:
Capital– Moscow
Currency– Russian Rouble
Prime Minister– Mikhail Vladimirovich Mishustin
Capital– Moscow
Currency– Russian Rouble
Prime Minister– Mikhail Vladimirovich Mishustin
PM announced extension of Pradhan Mantri Garib Kalyan Ann Yojana till November, 2020
Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) has been extended from July, 2020 till the end of November 2020, with an outlay of more than Rs 90,000 crore.
Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) has been extended from July, 2020 till the end of November 2020, with an outlay of more than Rs 90,000 crore.
India, Japan Hold PASSEX Naval Exercise to Promote Understanding in Indian Ocean
Participants: The excercise consisted of four warships viz. Rajput-class destroyer INS (Indian Naval Ship) Rana and Kora-class missile corvette INS Kulish of Indian Navy and JS Kashima (TV 3508) and JS Shimayuki (TV 3513) of JMSDF’s training squadron.
About Indian Navy:
Chief of the Naval Staff (CNS)– Admiral Karambir Singh
Integrated Headquarters MoD (Navy)– New Delhi
Participants: The excercise consisted of four warships viz. Rajput-class destroyer INS (Indian Naval Ship) Rana and Kora-class missile corvette INS Kulish of Indian Navy and JS Kashima (TV 3508) and JS Shimayuki (TV 3513) of JMSDF’s training squadron.
About Indian Navy:
Chief of the Naval Staff (CNS)– Admiral Karambir Singh
Integrated Headquarters MoD (Navy)– New Delhi
Chief of the Naval Staff (CNS)– Admiral Karambir Singh
Integrated Headquarters MoD (Navy)– New Delhi
Central govt Implemented Amendments in the Indian Stamp Act, 1899 and Rules from 1st July, 2020
These amendments are introducing a uniform rate of stamp duty on trading of shares and commodities which was being charged at different rates by different states.
These amendments are introducing a uniform rate of stamp duty on trading of shares and commodities which was being charged at different rates by different states.
Government Declares Entire Nagaland ‘Disturbed Area’ for 6 more Months Under AFSPA Act 1958
The Government of India declared the entire Nagaland as a “disturbed area” for another six months from 30 June, 2020 to 31, December, 2020 by exercising the powers conferred by Section 3 of the Armed Forces (Special Powers) Act, 1958 (No.28 of 1958).
About Nagaland:-
Capital: Kohima
Chief Minister: Neiphiu Rio
The Government of India declared the entire Nagaland as a “disturbed area” for another six months from 30 June, 2020 to 31, December, 2020 by exercising the powers conferred by Section 3 of the Armed Forces (Special Powers) Act, 1958 (No.28 of 1958).
About Nagaland:-
Capital: Kohima
Chief Minister: Neiphiu Rio
Capital: Kohima
Chief Minister: Neiphiu Rio
India-Bangladesh form 50:50 Joint Venture Company for LPG Business in Bangladesh
- It helps to reduce the cost of import of LPG for customers of Bangladesh.
- The JVC takes the ‘neighborhood first’ policy of Indian Government.
- The JV intends LPG export to north east India through pipeline between the nations.
About Indian Oil Corporation:
Headquarters: New Delhi
Chairman: Shrikant Madhav Vaidya
- It helps to reduce the cost of import of LPG for customers of Bangladesh.
- The JVC takes the ‘neighborhood first’ policy of Indian Government.
- The JV intends LPG export to north east India through pipeline between the nations.
About Indian Oil Corporation:
Headquarters: New Delhi
Chairman: Shrikant Madhav Vaidya
Headquarters: New Delhi
Chairman: Shrikant Madhav Vaidya
NITI Aayog in collaboration with RMI released ‘Towards a Clean Energy Economy’ report
The new report on clean energy transition in India titled “Towards a Clean Energy Economy: Post-Covid-19 Opportunities for India’s Energy and Mobility Sectors” brought out jointly by the National Institution for Transforming India (NITI) Aayog and the Rocky Mountain Institute (RMI) to support India’s clean energy future.
About NITI Aayog:
Chairman– Prime Minister of India (Narendra Modi)
Chief Executive Officer (CEO)– Amitabh Kant
Headquarters– New Delhi
The new report on clean energy transition in India titled “Towards a Clean Energy Economy: Post-Covid-19 Opportunities for India’s Energy and Mobility Sectors” brought out jointly by the National Institution for Transforming India (NITI) Aayog and the Rocky Mountain Institute (RMI) to support India’s clean energy future.
About NITI Aayog:
Chairman– Prime Minister of India (Narendra Modi)
Chief Executive Officer (CEO)– Amitabh Kant
Headquarters– New Delhi
Chairman– Prime Minister of India (Narendra Modi)
Chief Executive Officer (CEO)– Amitabh Kant
Headquarters– New Delhi
MoU Signed Between Indian Oil, NTPC Ltd, and SDMC for Waste to Energy Plant in Delhi
A MoU (Memorandum of Understanding) was signed between the Indian Oil, NTPC Ltd and South Delhi Municipal Corporation (SDMC) on setting up a waste to energy plant at Okhla in Delhi.
About NTPC:
Headquarters: New Delhi
Chairman & MD: Gurdeep Singh
About Indian Oil Corporation:
Headquarters: New Delhi
Chairman: Shrikant Madhav Vaidya
A MoU (Memorandum of Understanding) was signed between the Indian Oil, NTPC Ltd and South Delhi Municipal Corporation (SDMC) on setting up a waste to energy plant at Okhla in Delhi.
About NTPC:
Headquarters: New Delhi
Chairman & MD: Gurdeep Singh
About Indian Oil Corporation:
Headquarters: New Delhi
Chairman: Shrikant Madhav Vaidya
Headquarters: New Delhi
Chairman & MD: Gurdeep Singh
About Indian Oil Corporation:
Headquarters: New Delhi
Chairman: Shrikant Madhav Vaidya
HRD Ministry Launches the World’s First Online B.Sc Degree in Programming and Data Science – Prepared by IIT Madras
Ramesh Pokhriyal Nishank, Union Minister of Human Resource and Development (HRD) launched the world’s first online B.Sc Degree in Programming and Data science through the webinar, the programme was prepared by Indian Institute of Technology, Madras(IIT-Madras).
Ramesh Pokhriyal Nishank, Union Minister of Human Resource and Development (HRD) launched the world’s first online B.Sc Degree in Programming and Data science through the webinar, the programme was prepared by Indian Institute of Technology, Madras(IIT-Madras).
Government to release commemorative stamp to honour former Prime Minister PV Narasimha Rao
Government announced that it will release commemorative stamp to honour former Prime Minister PV Narasimha Rao. He is regarded as the ‘Father of Indian Economic Reforms’. He was born on June 28, 1921 in Warangal.
Government announced that it will release commemorative stamp to honour former Prime Minister PV Narasimha Rao. He is regarded as the ‘Father of Indian Economic Reforms’. He was born on June 28, 1921 in Warangal.
UNGA President Tijjani Muhammad-Bande Launched ‘Alliance for Poverty Eradication’; India Joins as Founding Member
India became a founding member of the United Nation(UN)’s ‘Alliance for Poverty eradication’ launched by Tijjani Muhammad-Bande, President of the 74th United Nation’s General Assembly(UNGA).
About United Nations:-
Headquarters: New York, United States.
Secretary-General: Antonio Guterres
India became a founding member of the United Nation(UN)’s ‘Alliance for Poverty eradication’ launched by Tijjani Muhammad-Bande, President of the 74th United Nation’s General Assembly(UNGA).
About United Nations:-
Headquarters: New York, United States.
Secretary-General: Antonio Guterres
Headquarters: New York, United States.
Secretary-General: Antonio Guterres
New Zealand Cancels the 2021 APEC’s Auckland Summit & Opts to Virtual Summit
New Zealand cancelled the 2021 Asia-Pacific Economic Cooperation (APEC) forum that was scheduled to be held in Auckland, due to the COVID-19 pandemic and is opting to lead a virtual summit.
About APEC:
Executive Director– Dr Rebecca Fatima Sta Maria
Headquarters– Singapore
New Zealand cancelled the 2021 Asia-Pacific Economic Cooperation (APEC) forum that was scheduled to be held in Auckland, due to the COVID-19 pandemic and is opting to lead a virtual summit.
About APEC:
Executive Director– Dr Rebecca Fatima Sta Maria
Headquarters– Singapore
About APEC:
Executive Director– Dr Rebecca Fatima Sta Maria
Headquarters– Singapore
Uganda, First African Country to Submit Results of REDD+ to UNFCCC
Uganda became the first African country to submit the results for Reducing Emissions from Deforestation and forest Degradation (REDD+) to the United Nations Framework Convention on Climate Change (UNFCCC)
Uganda became the first African country to submit the results for Reducing Emissions from Deforestation and forest Degradation (REDD+) to the United Nations Framework Convention on Climate Change (UNFCCC)
45.8 million Women Missing in India Over the Past 50 Years: UNFPA Report
According to the report, “State of World Population 2020: Against my will – Defying the practices that harm women and girls and undermine equality”, which focuses on gender biased sex selection (GBSS) and female genital mutilation (FGM), released by United Nations Population Fund (UNFPA), India accounts for 45.8 million of the world’s 142.6 million “missing females” over the past 50 years & it has the highest number of missing women after China (72.3 million).
About United Nations Population Fund UNFPA:
Headquarters– New York,United States
Executive Director– Dr. Natalia Kanem
BANKING & FINANCE
According to the report, “State of World Population 2020: Against my will – Defying the practices that harm women and girls and undermine equality”, which focuses on gender biased sex selection (GBSS) and female genital mutilation (FGM), released by United Nations Population Fund (UNFPA), India accounts for 45.8 million of the world’s 142.6 million “missing females” over the past 50 years & it has the highest number of missing women after China (72.3 million).
About United Nations Population Fund UNFPA:
Headquarters– New York,United States
Executive Director– Dr. Natalia Kanem
Headquarters– New York,United States
Executive Director– Dr. Natalia Kanem
BANKING & FINANCE
SBM Bank India Partnered with Mastercard to facilitate Real-time domestic & cross-border payments & remittances through ‘Mastercard Send’
About Mastercard:
Headquarters– New York, United States
CEO – Ajay Banga ( Michael Miebach will take over as CEO on January 2021)
About Mastercard:
Headquarters– New York, United States
CEO – Ajay Banga ( Michael Miebach will take over as CEO on January 2021)
Headquarters– New York, United States
CEO – Ajay Banga ( Michael Miebach will take over as CEO on January 2021)
YES Bank Launches a Digital Solution, ‘Loan in Seconds’ for Instant Disbursement of Retail Loans
YES Bank launched a digital solution, ‘Loan in Seconds’ for instant disbursement of retail loans. It is available for the bank’s pre-approved liability account holders. The algorithm evaluates the loan application in real-time and eliminates the need for documentation.
About YES Bank:
Headquarters– Mumbai, Maharashtra
MD and CEO- Prashant Kumar
Tagline– Experience our Expertise
YES Bank launched a digital solution, ‘Loan in Seconds’ for instant disbursement of retail loans. It is available for the bank’s pre-approved liability account holders. The algorithm evaluates the loan application in real-time and eliminates the need for documentation.
About YES Bank:
Headquarters– Mumbai, Maharashtra
MD and CEO- Prashant Kumar
Tagline– Experience our Expertise
Headquarters– Mumbai, Maharashtra
MD and CEO- Prashant Kumar
Tagline– Experience our Expertise
UKIBC signed a MoU with MIDC for a sustainable business between UK & India
The UK India Business Council (UKIBC) signed a Memorandum of Understanding(MoU) with Maharashtra Industrial Development Corporation (MIDC), to improve the business relationship between India(Maharashtra) and the United Kingdom(UK).
The UK India Business Council (UKIBC) signed a Memorandum of Understanding(MoU) with Maharashtra Industrial Development Corporation (MIDC), to improve the business relationship between India(Maharashtra) and the United Kingdom(UK).
IndiaFirst Life Insurance Associates with BOB Financial to Offer COVID-19 cum Hospital Cash Cover to BOB Credit Cardholders
IndiaFirst Life Insurance Company Limited(IndiaFirst Life) associated with BOB Financial Services Limited (BOB Financial), a wholly owned subsidiary of Bank of Baroda(BOB) to offer a group insurance cover. The cover will provide financial support to the BOB credit card customers upon their hospitalisation or on COVID-19 diagnosis.
About BOB:
Headquarters– Alkapuri, Baroda(Vadodara)
Managing Director & CEO– Sanjiv Chadha
IndiaFirst Life Insurance Company Limited(IndiaFirst Life) associated with BOB Financial Services Limited (BOB Financial), a wholly owned subsidiary of Bank of Baroda(BOB) to offer a group insurance cover. The cover will provide financial support to the BOB credit card customers upon their hospitalisation or on COVID-19 diagnosis.
About BOB:
Headquarters– Alkapuri, Baroda(Vadodara)
Managing Director & CEO– Sanjiv Chadha
Headquarters– Alkapuri, Baroda(Vadodara)
Managing Director & CEO– Sanjiv Chadha
Edelweiss AMC to Launch Second Tranche of ‘BHARAT Bond ETF’ ; Target to Raise Rs 14000 crore
Edelweiss Asset Management Company (AMC), a subsidiary of Edelweiss Capital Limited (ECL) has decided to bring the second installment of the Bharat Bond ETF (Exchange Traded Fund) with two new series to raise Rs 14,000 crore in July 2020.
Edelweiss Asset Management Company (AMC), a subsidiary of Edelweiss Capital Limited (ECL) has decided to bring the second installment of the Bharat Bond ETF (Exchange Traded Fund) with two new series to raise Rs 14,000 crore in July 2020.
NLC, Coal India to form 50:50 JV to develop solar and thermal power assets
NLC India Limited signed a pact with Coal India Ltd (CIL) to form a joint venture (JV) to develop 5,000 megawatts (MW) of solar and thermal power assets across the country.
NLC India Limited signed a pact with Coal India Ltd (CIL) to form a joint venture (JV) to develop 5,000 megawatts (MW) of solar and thermal power assets across the country.
ADB Joins Network For Greening the Financial System as Observer
Asian Development Bank (ADB) has joined the Paris (France)-based Network for Greening the Financial System (NGFS) as an observer.
About Asian Development Bank (ADB):
Headquarters– Mandaluyong, Philippines
President– Masatsugu Asakawa
Membership– 68 countries
Asian Development Bank (ADB) has joined the Paris (France)-based Network for Greening the Financial System (NGFS) as an observer.
About Asian Development Bank (ADB):
Headquarters– Mandaluyong, Philippines
President– Masatsugu Asakawa
Membership– 68 countries
Headquarters– Mandaluyong, Philippines
President– Masatsugu Asakawa
Membership– 68 countries
RBI conducted OMO of purchase and sale of G-secs for Rs 10,000 cr each; Borrowing facility to banks extended till Sept 30, 2020
Reserve Bank of India (RBI) conducted the simultaneous purchase of Government Securities (G-Secs), and sale of day treasury bills (DTBs) under Open Market Operations (OMO) for Rs 10,000 crore each as a part of “Operation Twist”.
Reserve Bank of India (RBI) conducted the simultaneous purchase of Government Securities (G-Secs), and sale of day treasury bills (DTBs) under Open Market Operations (OMO) for Rs 10,000 crore each as a part of “Operation Twist”.
HDFC Bank to Offer ‘ZipDrive’, an Online Instant Auto Loans to its Customers
HDFC Bank announced that it will offer ‘ZipDrive’, an online instant auto loan to its customers in 1,000 cities.
About HDFC Bank:
Headquarters– Mumbai, Maharashtra
Managing Director(MD)– Aditya Puri
HDFC Bank announced that it will offer ‘ZipDrive’, an online instant auto loan to its customers in 1,000 cities.
About HDFC Bank:
Headquarters– Mumbai, Maharashtra
Managing Director(MD)– Aditya Puri
Headquarters– Mumbai, Maharashtra
Managing Director(MD)– Aditya Puri
Kotak Mahindra Bank & Innoviti Collaborates to Offer EMIs on Kotak Debit Cards Swiped on Innoviti POS Terminals
To provide Equated Monthly Installments(EMI) billing options on Kotak Debit Cards which are swiped on Innoviti Point of Sale(POS) terminals.
About Kotak Mahindra Bank Limited:
Registered Office– Mumbai, Maharashtra
Managing Director & CEO– Uday Kotak
To provide Equated Monthly Installments(EMI) billing options on Kotak Debit Cards which are swiped on Innoviti Point of Sale(POS) terminals.
About Kotak Mahindra Bank Limited:
Registered Office– Mumbai, Maharashtra
Managing Director & CEO– Uday Kotak
Registered Office– Mumbai, Maharashtra
Managing Director & CEO– Uday Kotak
GoI approved special liquidity scheme for NBFCs and HFCs through SBICAP as SPV
The Government of India (GoI) has approved a scheme for improving the short-term liquidity position of non-banking finance companies (NBFCs)/housing finance companies (HFCs) through a Special Purpose Vehicle (SPV) in the form of Special Liquidity Scheme (SLS) Trust set up by SBI Capital Markets Limited (SBICAP), a subsidiary of the State Bank of India (SBI).
Period of scheme: The Scheme will remain open for 3 months for making subscriptions by the Trust i.e. till September 30, 2020.
The Government of India (GoI) has approved a scheme for improving the short-term liquidity position of non-banking finance companies (NBFCs)/housing finance companies (HFCs) through a Special Purpose Vehicle (SPV) in the form of Special Liquidity Scheme (SLS) Trust set up by SBI Capital Markets Limited (SBICAP), a subsidiary of the State Bank of India (SBI).
Period of scheme: The Scheme will remain open for 3 months for making subscriptions by the Trust i.e. till September 30, 2020.
ICICI bank Launched a Facility, ‘Insta Loans against Mutual Funds’, in Partnership with Computer Age Management Services
ICICI Bank launched ‘Insta Loans against Mutual Funds’, a facility in partnership with Computer Age Management Services(CAMS). The facility is an extension of the Insta Loan Against Shares(LAS).
The facility enables the retail customers to avail loans upto Rs 1 crore instantly by pledging their holdings in both debt and equity Mutual Funds(MFs).
About ICICI bank:
Headquarters– Mumbai, Maharashtra
Managing Director(MD) & Chief Executive Officer(CEO)– Sandeep Bakhshi
ICICI Bank launched ‘Insta Loans against Mutual Funds’, a facility in partnership with Computer Age Management Services(CAMS). The facility is an extension of the Insta Loan Against Shares(LAS).
The facility enables the retail customers to avail loans upto Rs 1 crore instantly by pledging their holdings in both debt and equity Mutual Funds(MFs).
About ICICI bank:
Headquarters– Mumbai, Maharashtra
Managing Director(MD) & Chief Executive Officer(CEO)– Sandeep Bakhshi
Headquarters– Mumbai, Maharashtra
Managing Director(MD) & Chief Executive Officer(CEO)– Sandeep Bakhshi
World Bank Approves USD 750 Million MSME Emergency Response Program for India
The World Bank approved a USD 750 million Micro, Small, and Medium Enterprises(MSMEs) Emergency Response Program to support severely impacted MSMEs in India due to COVID-19 crisis.
The International Bank for Reconstruction and Development(IBRD) will provide the loan.
Maturity Period of the loan– The loan has a maturity of 19 years including a 5-year grace period.
The World Bank approved a USD 750 million Micro, Small, and Medium Enterprises(MSMEs) Emergency Response Program to support severely impacted MSMEs in India due to COVID-19 crisis.
The International Bank for Reconstruction and Development(IBRD) will provide the loan.
Maturity Period of the loan– The loan has a maturity of 19 years including a 5-year grace period.
FDI Up by $19 bn in FY20; Portfolio Investment Down by $13.7 bn: IIP Data Released by RBI
In accordance with the India’s International Investment Position (IIP) data as at end-March 2020, released by Reserve Bank of India (RBI), Foreign Direct Investment (FDI) in the country has raised by $19 billion while portfolio investment declined by $13.7 billion during 2019-20.
About Reserve Bank of India (RBI):
Headquarters– Mumbai, Maharashtra
Formation– 1 April 1935
Governor– Shaktikanta Das
In accordance with the India’s International Investment Position (IIP) data as at end-March 2020, released by Reserve Bank of India (RBI), Foreign Direct Investment (FDI) in the country has raised by $19 billion while portfolio investment declined by $13.7 billion during 2019-20.
About Reserve Bank of India (RBI):
Headquarters– Mumbai, Maharashtra
Formation– 1 April 1935
Governor– Shaktikanta Das
Headquarters– Mumbai, Maharashtra
Formation– 1 April 1935
Governor– Shaktikanta Das
HDFC Bank Launches ‘e-Kisaan Dhan’ App for Farmers
HDFC Bank has launched ‘e-Kisaan Dhan’ App for Farmers in India. This app provides information and knowledge to farmers which will help them to meet the needs of the rural ecosystem.
About HDFC Bank:
Headquarters– Mumbai, Maharashtra
Chairman– Deepak S. Parekh
Managing Director– Aditya Puri
HDFC Bank has launched ‘e-Kisaan Dhan’ App for Farmers in India. This app provides information and knowledge to farmers which will help them to meet the needs of the rural ecosystem.
About HDFC Bank:
Headquarters– Mumbai, Maharashtra
Chairman– Deepak S. Parekh
Managing Director– Aditya Puri
Headquarters– Mumbai, Maharashtra
Chairman– Deepak S. Parekh
Managing Director– Aditya Puri
GoI and World Bank Sign Agreement to Increase Access to Affordable Housing in Tamil Nadu
The World Bank and the government of India signed an agreement along with the Government of Tamil Nadu to help the low-income groups in the state of Tamil Nadu to get access to affordable housing.
Agreements signed:-
Legal agreements of two projects were signed to strengthen the state’s housing sector policies, institutions, and regulations.
- First Tamil Nadu Housing Sector Strengthening Programme worth $200 million (Rs 1,510 crore),
- Tamil Nadu Housing and Habitat Development Project worth $50 million (Rs 377 crore).
The World Bank and the government of India signed an agreement along with the Government of Tamil Nadu to help the low-income groups in the state of Tamil Nadu to get access to affordable housing.
Agreements signed:-
Legal agreements of two projects were signed to strengthen the state’s housing sector policies, institutions, and regulations.
Legal agreements of two projects were signed to strengthen the state’s housing sector policies, institutions, and regulations.
- First Tamil Nadu Housing Sector Strengthening Programme worth $200 million (Rs 1,510 crore),
- Tamil Nadu Housing and Habitat Development Project worth $50 million (Rs 377 crore).
Swiggy in Partnership with ICICI Bank Launches an Industry- First Instant Digital Wallet, ‘Swiggy Money’
Swiggy has launched its own digital wallet, ‘Swiggy Money’ in partnership with ICICI Bank to enable a ‘single-click checkout experience’ on its platform. It is an industry- first instant digital wallet.
Swiggy has launched its own digital wallet, ‘Swiggy Money’ in partnership with ICICI Bank to enable a ‘single-click checkout experience’ on its platform. It is an industry- first instant digital wallet.
ECONOMY & BUSINESS
Tourism Sector Could Lose 1.2 Trillion USD Due To Covid Pandemic: UNCTAD Report
The United Nations Conference on Trade and Development (UNCTAD) published the report, COVID-19 and Tourism: Assessing the Economic Consequences stating that the World Tourism sector could lose around 1.2trillion USD or 1.5% of the Global Gross Domestic Product (GDP) because of the 4months lockdown due to global pandemic situation.
About UNCTAD:
Secretary-General– Mukhisa Kituyi
Headquarters– Geneva, Switzerland
Secretary-General– Mukhisa Kituyi
Headquarters– Geneva, Switzerland
India’s External debt increased by 2.8% to $558.5 bn in FY20: RBI data
In accordance with the Reserve Bank of India (RBI) data, India’s external debt stood at $558.5 billion in March 2020, an increase of $15.4 billion or 2.8% as compared to the March 2019.
India’s GDP Likely to Contract by 6.4% in 2020-21 due to Lockdown: Care Ratings
About CARE Rating:
Headquarters– Mumbai, Maharashtra
Managing Director (MD) & Chief Executive Officer (CEO)– Ajay Mahajan
Headquarters– Mumbai, Maharashtra
Managing Director (MD) & Chief Executive Officer (CEO)– Ajay Mahajan
Fitch Slashes India’s Growth Forecast For FY22 to 8%; Projects Contraction at 5% For FY21
About Fitch Ratings:
Headquarters– New York, US
President– Ian Linnell
About Fitch Ratings:
Headquarters– New York, US
President– Ian Linnell
Headquarters– New York, US
President– Ian Linnell
SAP India Rolls Out Global Bharat Program to Digitalise MSMEs
SAP India Private Limited, a subsidiary of Germany based enterprise technology firm, in partnership with NASSCOM Foundation, United Nations Development Programme (UNDP) and Pratham InfoTech Foundation, has rolled out Global Bharat program to equip micro, small and medium enterprises (MSMEs) by providing them access to global marketplace, digital skilling for the workforce and transforming business processes.
About SAP India Private Limited:
Location– Bengaluru, Karnataka
President and Managing Director– Deb Deep Sengupta
NATIONAL AFFAIRS
SAP India Private Limited, a subsidiary of Germany based enterprise technology firm, in partnership with NASSCOM Foundation, United Nations Development Programme (UNDP) and Pratham InfoTech Foundation, has rolled out Global Bharat program to equip micro, small and medium enterprises (MSMEs) by providing them access to global marketplace, digital skilling for the workforce and transforming business processes.
About SAP India Private Limited:
Location– Bengaluru, Karnataka
President and Managing Director– Deb Deep Sengupta
About SAP India Private Limited:
Location– Bengaluru, Karnataka
President and Managing Director– Deb Deep Sengupta
NATIONAL AFFAIRS
President Ram Nath Kovind Inaugurates Dharma Chakra Day 2020 Celebrations On July 4
President of India Shri Ram Nath Kovind has virtually inaugurated the celebrations for the Dhamma Chakra Day 2020 Organized by International Buddhist Confederation (IBC).
President of India Shri Ram Nath Kovind has virtually inaugurated the celebrations for the Dhamma Chakra Day 2020 Organized by International Buddhist Confederation (IBC).
Union HRD Minister and Sports MoS launched ‘Fit Hai to Hit Hai India’ webinar & ‘Fit India Talks’ Sessions for School Students
“Fit Hai To Hit Hai India” webinar program was launched, under the India’s flagship Fit India campaign, by the Union Minister of Human Resource Development Dr Ramesh Pokhriyal ‘Nishank’ and Minister of State (MoS) for Ministry of Sports and Youth Affairs and Ministry of Minority Affairs Kiren Rijiju.
“Fit Hai To Hit Hai India” webinar program was launched, under the India’s flagship Fit India campaign, by the Union Minister of Human Resource Development Dr Ramesh Pokhriyal ‘Nishank’ and Minister of State (MoS) for Ministry of Sports and Youth Affairs and Ministry of Minority Affairs Kiren Rijiju.
Delhi Govt Launches an E-Portal,‘LEAD’ for its Students
Delhi Deputy Chief Minister and education minister Manish Sisodia launched an e- portal, ‘Learning through E-Resources Made Accessible for Delhi’(LEAD) for its students to strengthen the children’s online education. The e- portal contains 10,000 instructional materials and course content for Classes I to XII.
Delhi Deputy Chief Minister and education minister Manish Sisodia launched an e- portal, ‘Learning through E-Resources Made Accessible for Delhi’(LEAD) for its students to strengthen the children’s online education. The e- portal contains 10,000 instructional materials and course content for Classes I to XII.
UT Administration of Ladakh launched “Ladakh Food Security Scheme”
The Administration of the Union Territory of Ladakh launched the Ladakh Food Security Scheme (LFSS) and the Mufti Mohammad Sayeed Food Entitlement Scheme (MMSFES) of Jammu and Kashmir (J&K) was discontinued.
The Administration of the Union Territory of Ladakh launched the Ladakh Food Security Scheme (LFSS) and the Mufti Mohammad Sayeed Food Entitlement Scheme (MMSFES) of Jammu and Kashmir (J&K) was discontinued.
PM Modi Launches ‘Aatma Nirbhar Bharat App Innovation Challenge’ for Techies, Start-up Community
The ‘Aatma Nirbhar Bharat App Innovation Challenge’ for Indian tech entrepreneurs and startups was launched by Prime Minister Shri Narendra Modi, with an objective to support and build a strong ecosystem for Indian Apps, Meity in partnership with Atal Innovation Mission.
The ‘Aatma Nirbhar Bharat App Innovation Challenge’ for Indian tech entrepreneurs and startups was launched by Prime Minister Shri Narendra Modi, with an objective to support and build a strong ecosystem for Indian Apps, Meity in partnership with Atal Innovation Mission.
M.V Asiatic Moon : A New Shipping Service b/w Kolkata Port & Chattogram Begins to Ease Indo-Bangla Trade
Amid frequent disruption of cross-border trade via the Petrapole-Benapole land ports, Syama Prasad Mookerjee Port (SMP) [erstwhile Kolkata Port Trust (KoPT)] has started a new shipping service between Kolkata Dock System (KDS) and Chattogram (Bangladesh ) through Indo-Bangladesh Protocol Route to transport containers with the aim to increase the Indo-Bangla trade.
About Bangladesh:
Capital– Dhaka
Currency– Bangladeshi taka
President– Abdul Hamid
Prime Minister– Sheikh Hasina
Amid frequent disruption of cross-border trade via the Petrapole-Benapole land ports, Syama Prasad Mookerjee Port (SMP) [erstwhile Kolkata Port Trust (KoPT)] has started a new shipping service between Kolkata Dock System (KDS) and Chattogram (Bangladesh ) through Indo-Bangladesh Protocol Route to transport containers with the aim to increase the Indo-Bangla trade.
About Bangladesh:
Capital– Dhaka
Currency– Bangladeshi taka
President– Abdul Hamid
Prime Minister– Sheikh Hasina
Capital– Dhaka
Currency– Bangladeshi taka
President– Abdul Hamid
Prime Minister– Sheikh Hasina
Odisha Launches ‘Balaram’ scheme to provide Rs 1,040 crore credit to 7 lakh Landless Farmers
the Government of Odisha launched ‘Balaram’ scheme to provide agricultural credit of Rs 1,040 crore to landless farmers facing hardships during COVID 19.The Scheme is designed in collaboration with National Bank for Agriculture and Rural Development (NABARD).
About NABARD:
Headquarters: Mumbai
Chairman: G R Chintala
the Government of Odisha launched ‘Balaram’ scheme to provide agricultural credit of Rs 1,040 crore to landless farmers facing hardships during COVID 19.The Scheme is designed in collaboration with National Bank for Agriculture and Rural Development (NABARD).
About NABARD:
Headquarters: Mumbai
Chairman: G R Chintala
Headquarters: Mumbai
Chairman: G R Chintala
Indian marine fish landings rose 2.1% to 3.56mt in 2019: CMFRI; Tamil Nadu tops
In accordance with the report “Annual Marine Fish Landings in India for 2019” by Central Marine Fisheries Research Institute (CMFRI), India’s marine fish production has increased marginally by 2.1% to 3.56 million tonnes (mt) in 2019 as compared to 3.49 mt in 2018.
In accordance with the report “Annual Marine Fish Landings in India for 2019” by Central Marine Fisheries Research Institute (CMFRI), India’s marine fish production has increased marginally by 2.1% to 3.56 million tonnes (mt) in 2019 as compared to 3.49 mt in 2018.
SERB Launches ‘Accelerate Vigyan’ Scheme to Provide Platform for Research Internships
The ‘Accelerate Vigyan’ (AV) scheme for research internships, was launched by the Union Government’s Science and Engineering Research Board (SERB).
About SERB:-
Headquarters: New Delhi, India
Secretary: Prof Sandeep Verma
The ‘Accelerate Vigyan’ (AV) scheme for research internships, was launched by the Union Government’s Science and Engineering Research Board (SERB).
About SERB:-
Headquarters: New Delhi, India
Secretary: Prof Sandeep Verma
About SERB:-
Headquarters: New Delhi, India
Secretary: Prof Sandeep Verma
Dr.Harsh Vardhan Released the Good Clinical Practice Guidelines Handbook and Prospectus for FPIS of NBE
Union Minister of Health & Family Welfare, Dr.Harsh Vardhan with the Minister of State of Health, Ashwini Kumar Choubey, released the Good Clinical Practice Guidelines Handbook and Prospectus for Fellowship Programme for International Students (FPIS) of the National Board of Examinations (NBE) on a virtual platform.
Union Minister of Health & Family Welfare, Dr.Harsh Vardhan with the Minister of State of Health, Ashwini Kumar Choubey, released the Good Clinical Practice Guidelines Handbook and Prospectus for Fellowship Programme for International Students (FPIS) of the National Board of Examinations (NBE) on a virtual platform.
Committee for reform in criminal law to start online consultation from July 4, 2020: MHA
The objective of this excercise is to gather opinions by consulting with experts and collating material for their report to the government.
The committee is headed by Ranbir Singh, Vice-Chancellor, National Law University (NLU), Delhi.
The objective of this excercise is to gather opinions by consulting with experts and collating material for their report to the government.
The committee is headed by Ranbir Singh, Vice-Chancellor, National Law University (NLU), Delhi.
Harsimrat Kaur Badal virtually launched Rs 10,000 cr PM-FME Scheme; Operation Greens scheme extended to 18 more fruits, vegetables
As a part of Rs 20 Lakh crore “Atmanirbhar Bharat Abhiyan” to tackle the COVID-19 impact, Minister for Food Processing Industries (FPI) Harsimrat Kaur Badal launched Centrally Sponsored Prime Minister Formalisation of Micro food processing Enterprises (PM FME) scheme named “Sapno ki Udaan” to be implemented over a period of five years from 2020-21 to 2024-25.
As a part of Rs 20 Lakh crore “Atmanirbhar Bharat Abhiyan” to tackle the COVID-19 impact, Minister for Food Processing Industries (FPI) Harsimrat Kaur Badal launched Centrally Sponsored Prime Minister Formalisation of Micro food processing Enterprises (PM FME) scheme named “Sapno ki Udaan” to be implemented over a period of five years from 2020-21 to 2024-25.
Dharmendra Pradhan Inaugurates Asia’s First Continuous Rebar Production Facility in Punjab
About Ministry of Steel:
Minister– Dharmendra Pradhan
Minister of State– Faggan Singh Kulaste
About Ministry of Steel:
Minister– Dharmendra Pradhan
Minister of State– Faggan Singh Kulaste
Minister– Dharmendra Pradhan
Minister of State– Faggan Singh Kulaste
Government bans 59 Chinese mobile apps prejudicial to sovereignty and integrity of India
The Ministry of Electronics and Information Technology (MEITY), invoking its power under section 69A of the Information Technology Act read with the relevant provisions of the Information Technology (Procedure and Safeguards for Blocking of Access of Information by Public) Rules 2009 has decided to ban 59 apps due to their activities which are prejudicial to sovereignty and integrity of India, defence of India, security of state and public order.
It should be noted that all of the blocked apps are Chinese including popular ones such as TikTok, Helo, WeChat, UC Browser, Shareit and CamScanner.
About Ministry of Electronics and Information Technology (MEITY):
Union Minister– Ravi Shankar Prasad (Constituency- Patna Sahib, Bihar)
Minister of State (MoS)– Sanjay Dhotre
The Ministry of Electronics and Information Technology (MEITY), invoking its power under section 69A of the Information Technology Act read with the relevant provisions of the Information Technology (Procedure and Safeguards for Blocking of Access of Information by Public) Rules 2009 has decided to ban 59 apps due to their activities which are prejudicial to sovereignty and integrity of India, defence of India, security of state and public order.
It should be noted that all of the blocked apps are Chinese including popular ones such as TikTok, Helo, WeChat, UC Browser, Shareit and CamScanner.
About Ministry of Electronics and Information Technology (MEITY):
Union Minister– Ravi Shankar Prasad (Constituency- Patna Sahib, Bihar)
Minister of State (MoS)– Sanjay Dhotre
Union Minister– Ravi Shankar Prasad (Constituency- Patna Sahib, Bihar)
Minister of State (MoS)– Sanjay Dhotre
Nitin Gadkari publicized consolidated notification for classification and registration of MSME; MSME named as Udyam
About Ministry of Micro, Small & Medium Enterprises:
Nitin Gadkari constituency– Nagpur, Maharashtra
Minister of State (MoS)– Pratap Chandra Sarangi
AWARDS & RECOGNITIONS
About Ministry of Micro, Small & Medium Enterprises:
Nitin Gadkari constituency– Nagpur, Maharashtra
Minister of State (MoS)– Pratap Chandra Sarangi
Nitin Gadkari constituency– Nagpur, Maharashtra
Minister of State (MoS)– Pratap Chandra Sarangi
AWARDS & RECOGNITIONS
Hardeep Singh Puri Launches Toolkit for 6th Edition of Annual Cleanliness Survey of Urban India ‘Swachh Survekshan 2021’
Shri Hardeep Singh Puri, Minister of State (Independent Charge) for Ministry of Housing & Urban Affairs (MoHUA),has launched the toolkit for sixth edition of the annual cleanliness survey of urban India ‘Swachh Survekshan (SS) 2021’conducted by MoHUA.
About Ministry of Housing & Urban Affairs:
Headquarters– New Delhi
Secretary– Durga Shanker Mishra
Shri Hardeep Singh Puri, Minister of State (Independent Charge) for Ministry of Housing & Urban Affairs (MoHUA),has launched the toolkit for sixth edition of the annual cleanliness survey of urban India ‘Swachh Survekshan (SS) 2021’conducted by MoHUA.
About Ministry of Housing & Urban Affairs:
Headquarters– New Delhi
Secretary– Durga Shanker Mishra
Headquarters– New Delhi
Secretary– Durga Shanker Mishra
Freya Thakral, Delhi School Girl Added to 2020’s Diana Award roll of Honours
the birth anniversary of Princess Diana, Freya Thakral, a 13 year old student of the British School New Delhi received the 2020 Diana Award for her humanitarian work towards the ragpickers of Delhi.
the birth anniversary of Princess Diana, Freya Thakral, a 13 year old student of the British School New Delhi received the 2020 Diana Award for her humanitarian work towards the ragpickers of Delhi.
Kritika Pandey, became overall winner of the 2020 Commonwealth Short Story Prize
The commonwealth writers announced Kritika Pandey, the winner of asian region prize as the overall winner of the 2020 Commonwealth Short Story Prize for her story, “The Great Indian Tee and Snakes”.
The commonwealth writers announced Kritika Pandey, the winner of asian region prize as the overall winner of the 2020 Commonwealth Short Story Prize for her story, “The Great Indian Tee and Snakes”.
Mon District Administration received 3 SKOCH Awards in 65th SKOCH Summit
The District Administration of Mon, Nagaland received 2020 SKOCH awards under three categories in the 65th SKOCH summit from Sameer Kochar, Chairman of SKOCH group.
About SKOCH Group:
Chairman– Sameer Kochhar
Head Office– Gurgaon, Haryana
The District Administration of Mon, Nagaland received 2020 SKOCH awards under three categories in the 65th SKOCH summit from Sameer Kochar, Chairman of SKOCH group.
About SKOCH Group:
Chairman– Sameer Kochhar
Head Office– Gurgaon, Haryana
Chairman– Sameer Kochhar
Head Office– Gurgaon, Haryana
Pulitzer Prize Winner Siddhartha Mukherjee and Prof Raj Chetty Named among ‘2020 Great Immigrants’ Honourees
Carnegie Corporation of New York has named 2 renowned Indian-Americans, Siddhartha Mukherjee, a Pulitzer prize winner and Raj Chetty, Economics Professor at Harvard University among ‘2020 Great Immigrants’ honourees.
Carnegie Corporation of New York has named 2 renowned Indian-Americans, Siddhartha Mukherjee, a Pulitzer prize winner and Raj Chetty, Economics Professor at Harvard University among ‘2020 Great Immigrants’ honourees.
India’s AI enabled “MyGov Corona Helpdesk” wins two global award at 4th Annual CogX 2020
India’s Artificial Intelligence(AI) enabled “MyGov Corona Helpdesk” won two awards under the categories “Best Innovation for Covid-19 – Society” and “People Choice Covid-19 Overall Winner” in 4th CogX, the annual Global Leadership Summit and Festival of AI and Emerging Technology held in London from June 8th to 10th
India’s Artificial Intelligence(AI) enabled “MyGov Corona Helpdesk” won two awards under the categories “Best Innovation for Covid-19 – Society” and “People Choice Covid-19 Overall Winner” in 4th CogX, the annual Global Leadership Summit and Festival of AI and Emerging Technology held in London from June 8th to 10th
All Rounder Ravinder Jadeja Named the Most Valuable Player of India by Wisden
Jadeja’s MVP rating is around 97.3 which is second only to Muttiah Muralitharan of Sri Lanka making him the second most Valuable Test Player of the 12th Century.
Jadeja’s MVP rating is around 97.3 which is second only to Muttiah Muralitharan of Sri Lanka making him the second most Valuable Test Player of the 12th Century.
Former RBI Governor Chakravarthi Rangarajan Receives the First Prof. P. C. Mahalanobis Award on National Statistics Day
On 29th June 2020, On account of National Statistics Day The Ministry of Statistics and Programme Implementation (MoSPI) presented the first Prof. P. C. Mahalanobis National Award in Official Statistics’2020 to Dr. Chakravarthi Rangarajan, Former Governor, Reserve Bank of India for his contribution to the National Statistical System(NSS).
On 29th June 2020, On account of National Statistics Day The Ministry of Statistics and Programme Implementation (MoSPI) presented the first Prof. P. C. Mahalanobis National Award in Official Statistics’2020 to Dr. Chakravarthi Rangarajan, Former Governor, Reserve Bank of India for his contribution to the National Statistical System(NSS).
ACQUISITIONS & MERGERS
Payments Platform Paytm to Acquire Raheja QBE General Insurance For $76 million
About Paytm:
Headquarters– Noida, Uttar Pradesh
President– Amit Nayyar
Headquarters– Noida, Uttar Pradesh
President– Amit Nayyar
Intel Capital to buy 0.39% stake in Jio Platforms for Rs 1,894.50 crore
US based Electronic chip maker Intel’s investment arm, Intel Capital to buy 0.39% stake in Reliance Industries Limited(RIL)’s Jio Platforms for Rs 1,894.50 crore.
APPOINTMENTS & RESIGNATIONS
US based Electronic chip maker Intel’s investment arm, Intel Capital to buy 0.39% stake in Reliance Industries Limited(RIL)’s Jio Platforms for Rs 1,894.50 crore.
APPOINTMENTS & RESIGNATIONS
NHRC Constitutes 11-Member Committee Headed by K S Reddy to Assess Covid-19 Impact on Human Rights
The National Human Rights Commission (NHRC) has set up an 11-member expert committee headed by Dr K S Reddy, president of Public Health Foundation of India to study impact of coronavirus (Covid-19) on human rights of individuals, particularly marginalised and vulnerable sections of the society, together with migrant labourers & will also study the future response of the government.
The National Human Rights Commission (NHRC) has set up an 11-member expert committee headed by Dr K S Reddy, president of Public Health Foundation of India to study impact of coronavirus (Covid-19) on human rights of individuals, particularly marginalised and vulnerable sections of the society, together with migrant labourers & will also study the future response of the government.
Sukhbir Singh Sandhu, Chairman of NHAI gets 6 months extension
Sukhbir Singh Sandhu, the Chairman of National Highway Authority of India gets a 6 months extension in his tenure as Chairman of NHAI.
Sukhbir Singh Sandhu, the Chairman of National Highway Authority of India gets a 6 months extension in his tenure as Chairman of NHAI.
Shashank Manohar Steps Down as ICC Chairman, Imran Khwaja Takes Charge as Interim Chairman
About ICC:
Headquarters– Dubai, United Arab Emirates
Chief Executive Officer– Manu Sawhney
About ICC:
Headquarters– Dubai, United Arab Emirates
Chief Executive Officer– Manu Sawhney
Headquarters– Dubai, United Arab Emirates
Chief Executive Officer– Manu Sawhney
V Suryanarayanan Becomes the New MD of Chola MS General Insurance
The Cholamandalam MS General Insurance Company promoted V Suryanarayanan, President and COO of the company as the New Managing Director (MD) with effect from 1st July 2020 succeeding SS Gopalarathnam.
The Cholamandalam MS General Insurance Company promoted V Suryanarayanan, President and COO of the company as the New Managing Director (MD) with effect from 1st July 2020 succeeding SS Gopalarathnam.
Agricultural Experts Prof. Rattan Lal & Dr. Uma Lele from India Named by UN Chief to Scientific Group for 2021 Food Summit
Antonio Guterres, Chief of United Nations, named Prof. Rattan Lal and Dr. Uma Lele (Agricultural experts) from India as members of International Scientific group to offer foremost scientific evidence for sustainable food systems for global food summit 2021.
Antonio Guterres, Chief of United Nations, named Prof. Rattan Lal and Dr. Uma Lele (Agricultural experts) from India as members of International Scientific group to offer foremost scientific evidence for sustainable food systems for global food summit 2021.
Indra Mani Pandey appointed as Permanent Representative of India to UN and Others Organisations in Geneva
Indra Mani Pandey,Indian Foregin Services (IFS) Officer of 1990 and Additional Secretary in Ministry of External Affairs(MEA)was appointed as India’s Permanent Representative and Ambassador to the United Nations and the other International Organisations in Geneva, succeeding Rajiv Kumar Chander, IFS Officer of 1983 batch.
Indra Mani Pandey,Indian Foregin Services (IFS) Officer of 1990 and Additional Secretary in Ministry of External Affairs(MEA)was appointed as India’s Permanent Representative and Ambassador to the United Nations and the other International Organisations in Geneva, succeeding Rajiv Kumar Chander, IFS Officer of 1983 batch.
IRDAI Sets Up 9-Member Panel headed by G Srinivasan to study suitability of Surety Bond issuance by Indian insurers
Insurance Regulatory and Development Authority of India (IRDAI) has set up a nine member working Group (WG) under G. Srinivasan, director, National Insurance Academy, after the request made by the Ministry of Road Transport and Highways (MORTH).
About Insurance Regulatory and Development Authority of India (IRDAI):
Headquarters– Hyderabad, Telangana.
Chairman– Subhash Chandra Khuntia
Insurance Regulatory and Development Authority of India (IRDAI) has set up a nine member working Group (WG) under G. Srinivasan, director, National Insurance Academy, after the request made by the Ministry of Road Transport and Highways (MORTH).
About Insurance Regulatory and Development Authority of India (IRDAI):
Headquarters– Hyderabad, Telangana.
Chairman– Subhash Chandra Khuntia
Headquarters– Hyderabad, Telangana.
Chairman– Subhash Chandra Khuntia
Rajkiran Rai G, Union Bank of India MD & CEO Term Extended for 2 yearsGovernment extends the term of Rajkiran Rai G as the Managing Director(MD) and Chief Executive Officer(CEO) of Union Bank of India(UBI) by 2 years till May 31, 2022.
Ravinder Bhakar Assumes Charge as CEO of Central Board of Films Certification
About CBFC:
Headquarters– Mumbai, Maharashtra
Chairperson– Prasoon Josh
About CBFC:
Headquarters– Mumbai, Maharashtra
Chairperson– Prasoon Josh
Headquarters– Mumbai, Maharashtra
Chairperson– Prasoon Josh
Shrikant Madhav Vaidya Assumes Charge as the Chairman of Indian Oil Corporation
Shrikant Madhav(S M) Vaidya assumed charge as the chairman of Indian Oil Corporation(IOC). He succeeds Sanjiv Singh who has superannuated.
Shrikant Madhav(S M) Vaidya assumed charge as the chairman of Indian Oil Corporation(IOC). He succeeds Sanjiv Singh who has superannuated.
KK Venugopal Reappointed as Attorney General of India for a Year & Tushar Mehta as Solicitor General for 3 Years
The Appointments Committee of the Union Cabinet has approved the re-appointment of senior advocate K.K. Venugopal as Attorney General of India for a year, whose 3 year tenure ends in June 2020.
The Appointments Committee of the Union Cabinet has approved the re-appointment of senior advocate K.K. Venugopal as Attorney General of India for a year, whose 3 year tenure ends in June 2020.
Gudni Johannesson Re-elected as President of Iceland
About Iceland:-
Capital: Reykjavik
Currency: Icelandic Krona
SCIENCE & TECHNOLOGY
About Iceland:-
Capital: Reykjavik
Currency: Icelandic Krona
Capital: Reykjavik
Currency: Icelandic Krona
SCIENCE & TECHNOLOGY
Elyments – India’s First Social Media Super App Launched by the Vice President of India
Vice President of India Shri Venkiah Naidu launched India’s first social media super application: Elyments virtually on 5th July 2020. The app provides free audio/video calls, and private/ group chats through vibrant feed.
Vice President of India Shri Venkiah Naidu launched India’s first social media super application: Elyments virtually on 5th July 2020. The app provides free audio/video calls, and private/ group chats through vibrant feed.
Israel Successfully Launches New Spy Satellite ‘Ofek 16’ into Space Using Shavit Rocket
The Israel Ministry of Defense (IMoD), and Israel Aerospace Industries (IAI), have successfully launched a new spy satellite “Ofek 16” into orbit by using a locally-developed Shavit rocket from a launchpad at Palmachim airbase in central Israel at 4:00 AM.
About Israel:
Capital– Jerusalem
Currency– Israeli Shekel
President– Reuven Rivlin
Prime Minister- Benjamin Netanyahu
The Israel Ministry of Defense (IMoD), and Israel Aerospace Industries (IAI), have successfully launched a new spy satellite “Ofek 16” into orbit by using a locally-developed Shavit rocket from a launchpad at Palmachim airbase in central Israel at 4:00 AM.
About Israel:
Capital– Jerusalem
Currency– Israeli Shekel
President– Reuven Rivlin
Prime Minister- Benjamin Netanyahu
Capital– Jerusalem
Currency– Israeli Shekel
President– Reuven Rivlin
Prime Minister- Benjamin Netanyahu
India’s First NPNT Compliant Drone Flight Successfully Completed by Quidich & Asteria Aerospace
India’s First No-Permission No-Takeoff (NPNT) compliant drone flight on the A200 Remotely Piloted Aircraft System (RPAS) has been completed successfully by Quidich Innovation Labs and Asteria Aerospace in the green zone identified by the Directorate General of Civil Aviation (DGCA), near Tumkur in Karnataka.
India’s First No-Permission No-Takeoff (NPNT) compliant drone flight on the A200 Remotely Piloted Aircraft System (RPAS) has been completed successfully by Quidich Innovation Labs and Asteria Aerospace in the green zone identified by the Directorate General of Civil Aviation (DGCA), near Tumkur in Karnataka.
IIT Roorkee Develops “Unisaviour” – Disinfection Box to Sterilise Personal Belongings
The Indian Institute of Technology Roorkee(IIT-R) announced that the IIT-R researchers team led by Prof. Soumitra Satapathi, Laboratory of Integrated Nanophotonics and Biomaterials, have developed the disinfection box – “Unisaviour” box, which can be used to sterilise various personal belongings to minimise the COVID-19 transmission.
The Indian Institute of Technology Roorkee(IIT-R) announced that the IIT-R researchers team led by Prof. Soumitra Satapathi, Laboratory of Integrated Nanophotonics and Biomaterials, have developed the disinfection box – “Unisaviour” box, which can be used to sterilise various personal belongings to minimise the COVID-19 transmission.
IIT Kanpur Develops Virtual Classroom Aid, ‘Mobile Masterjee’
It is a classroom-to-home teaching setup, which enables students to record teachers’ lectures/instructions while using smartphones. It is developed by the Imagineering Lab of IIT Kanpur.
It is a classroom-to-home teaching setup, which enables students to record teachers’ lectures/instructions while using smartphones. It is developed by the Imagineering Lab of IIT Kanpur.
Researchers Found Jupiter Like Planet :TOI-849b, First Ever Planetary Core
TOI-849b was found in a survey of stars by NASA’s Transiting Exoplanet Survey Satellite (TESS).
TOI-849b was found in a survey of stars by NASA’s Transiting Exoplanet Survey Satellite (TESS).
COPAL-19”app to track plasma donors launched
AIIMS(All India Institute Of Medical Science) doctor along with a team of IIT-Delhi students have developed an app “COPAL-19” which enables users to track willing plasma donors who have recovered from Covid-19.
AIIMS(All India Institute Of Medical Science) doctor along with a team of IIT-Delhi students have developed an app “COPAL-19” which enables users to track willing plasma donors who have recovered from Covid-19.
Indian Air Force & CSIO Have Develops Indigenous ‘Airborne Locust Control System’ on Two Mi-17 Helicopters
Chandigarh based 3 Base Repair Depot (BRD) of the Indian Air Force (IAF) and Central Scientific Instruments Organisation (CSIO) have indigenously developed an Airborne Locust Control System (ALCS) for two Mi-17 helicopters for spraying atomised pesticide malathion to arrest locust breeding.
Chandigarh based 3 Base Repair Depot (BRD) of the Indian Air Force (IAF) and Central Scientific Instruments Organisation (CSIO) have indigenously developed an Airborne Locust Control System (ALCS) for two Mi-17 helicopters for spraying atomised pesticide malathion to arrest locust breeding.
Swedish Institute of Space Physics to Return to Venus on Indian Space Mission Shukrayaan-1
The Indian Venus Mission Shukrayaan-1, the Swedish Institute of Space Physics will explore Venus for the second time. The Shukrayaan-1 is scheduled for launch at the end of 2023 from Sriharikota, Andhra Pradesh.
About Indian Venus Mission:
Operator: ISRO
Launch: 2023
The Indian Venus Mission Shukrayaan-1, the Swedish Institute of Space Physics will explore Venus for the second time. The Shukrayaan-1 is scheduled for launch at the end of 2023 from Sriharikota, Andhra Pradesh.
About Indian Venus Mission:
Operator: ISRO
Launch: 2023
Operator: ISRO
Launch: 2023
Defence Minister Shri Rajnath Singh launches NOC issuance portal for power, oil and gas projects
Defence minister Rajnath Singh launches a online Portal for issue of No Objection Certificate(NOC) for power projects and research, survey, exploration and Exploitation(RSEE) and activities in the Indian Territorial Waters (TW) and Exclusive Economic Zone (EEZ), in the presence of Minister of state for Defence Shri Shripad Y Naik.
Portal: https://ncog.gov.in/modnoc/home.html
About Ministry of Defence:-
Defence Minister: Rajnath Singh
Union Minister of Defence: Shri Shripad Y Naik
Defence minister Rajnath Singh launches a online Portal for issue of No Objection Certificate(NOC) for power projects and research, survey, exploration and Exploitation(RSEE) and activities in the Indian Territorial Waters (TW) and Exclusive Economic Zone (EEZ), in the presence of Minister of state for Defence Shri Shripad Y Naik.
Portal: https://ncog.gov.in/modnoc/home.html
Portal: https://ncog.gov.in/modnoc/home.html
About Ministry of Defence:-
Defence Minister: Rajnath Singh
Union Minister of Defence: Shri Shripad Y Naik
Defence Minister: Rajnath Singh
Union Minister of Defence: Shri Shripad Y Naik
Kiran Rijiju Launches NADA App to Help Athletes Stay Updated on Banned Substances
The first mobile app for the National Anti-Doping Agency was released by Sports Minister Kiren Rijiju. The initiative is an important step towards dope free sports, providing updates about the banned substances and their use.
About National Anti-Doping Agency:-
Headquarters: New Delhi
CEO: Navin Agarwal
Motto: ‘Play Fair’
The first mobile app for the National Anti-Doping Agency was released by Sports Minister Kiren Rijiju. The initiative is an important step towards dope free sports, providing updates about the banned substances and their use.
About National Anti-Doping Agency:-
Headquarters: New Delhi
CEO: Navin Agarwal
Motto: ‘Play Fair’
Headquarters: New Delhi
CEO: Navin Agarwal
Motto: ‘Play Fair’
Ministry of Housing & Urban Affairs Launches Webportal for Street Vendors loan scheme ‘PMSVANidhi’
Shri Durga Shanker Mishra, Secretary of Housing & Urban Affairs has rolled out the Beta version webportal for street vendors loan scheme Pradhan Mantri Street Vendors’ AtmaNirbhar Nidhi –PMSVANidhi (http://pmsvanidhi.mohua.gov.in/) developed by SIDBI to provide end-to-end solutions for scheme management.
SPORTS
Shri Durga Shanker Mishra, Secretary of Housing & Urban Affairs has rolled out the Beta version webportal for street vendors loan scheme Pradhan Mantri Street Vendors’ AtmaNirbhar Nidhi –PMSVANidhi (http://pmsvanidhi.mohua.gov.in/) developed by SIDBI to provide end-to-end solutions for scheme management.
SPORTS
Akash Become India’s 66th Grandmaster
The 23 year-old G. Akash from Chennai, Tamil Nadu become the country’s 66th Grandmaster with rating of 2495.
The 23 year-old G. Akash from Chennai, Tamil Nadu become the country’s 66th Grandmaster with rating of 2495.
Lt Col Bharat Pannu Becomes First Indian To Secures Podium Position In International Ultracycling Race: Finished 3rd In 1st Edition VRAAM 2020
Lt Col Pannu finished with a total distance of 4086km in 12 days and a total elevation gain of 71,000 meters in a stationary bicycle in Pimple Nilakh, Pune.
Lt Col Pannu finished with a total distance of 4086km in 12 days and a total elevation gain of 71,000 meters in a stationary bicycle in Pimple Nilakh, Pune.
Nitin Menon Becomes the 3rd Indian & Youngest Umpire to Enter ICC Elite Panel
Nitin Menon(36 years old) from India became the youngest member of the International Cricket Council’s(ICC) Elite Panel of Umpires.
Nitin Menon(36 years old) from India became the youngest member of the International Cricket Council’s(ICC) Elite Panel of Umpires.
Liverpool wins the top-flight title in 2020 Premier League Championship
Liverpool won its 19th top-flight title of the 2020 Premier League Championship football tournament after Manchester City lost to Chelsea 2-1 at Stamford Bridge.
Liverpool won its 19th top-flight title of the 2020 Premier League Championship football tournament after Manchester City lost to Chelsea 2-1 at Stamford Bridge.
OBITUARY
West Indies Cricketer Everton Weekes Passed Away at 95
Veteran Bollywood Choreographer Saroj Khan Passes Away
IMPORTANT DAYS
IMPORTANT DAYS
World Zoonoses Day 2020: July 6
3rd Anniversary of GST day 2020: July 1
Goods and Service Tax(GST) day is observed annually on July 1. This year marks the 3rd anniversary of the launch of the day and was marked by the Central Board of Indirect Taxes and Customs(CBIC).
Goods and Service Tax(GST) day is observed annually on July 1. This year marks the 3rd anniversary of the launch of the day and was marked by the Central Board of Indirect Taxes and Customs(CBIC).
International Day of Cooperatives 2020 – 4th July (First Saturday of July)
The theme of the 2020 celebration is “COOPS 4 Climate Action”,
The theme of the 2020 celebration is “COOPS 4 Climate Action”,
World Sports Journalists Day 2020: July 2
World Allergy Week 2020 – June 28 to July 4
The theme of World Allergy Week 2020 is “Allergy care does not stop with COVID-19”.
The theme of World Allergy Week 2020 is “Allergy care does not stop with COVID-19”.
National Doctors Day 2020 – July 1
The theme of 2020 Doctors Day is “Lessen the Mortality of COVID-19”
The theme of 2020 Doctors Day is “Lessen the Mortality of COVID-19”
72nd National Chartered Accountants Day 2020: July 1
The theme of the event is,‘Transforming the Future: Enabling Excellence, Augmenting Trust’.
The theme of the event is,‘Transforming the Future: Enabling Excellence, Augmenting Trust’.
International Day of Parliamentarism 2020: June 30
International Asteroid Day 2020 – June 30
BOOKS & AUTHORS
Former RBI Governor Urjit Patel Authored a Book Titled ‘Overdraft: Saving the Indian Saver’
Former Reserve Bank of India (RBI) governor Urjit Patel has authored a book titled ‘Overdraft: Saving the Indian Saver’, which focuses on the issue of Non-Performing Assets (NPAs) that has affected Indian banking in recent years and also its causes.
“Getting Competitive: A Practitioner’s Guide for India” authored by R C Bhargava, Chairman of Maruti Suzuki on Industrialising India
RC Bhargava, the Chairman of Maruti Suzuki authored the book “Getting Competitive: A Practitioner’s Guide for India” from his experience of around 60 years as a policymaker and a leading industrialist. The book published by HarperCollins India, provides practical suggestions to make India a competitive industrialised country.
Vice President of India, M Venkaiah Naidu Virtually Releases a Book “Future of Higher Education – Nine Mega Trends”
Vice President of India, M Venkaiah Naidu virtually released a book, “Future of Higher Education – Nine Mega Trends“. The book is authored by CA V Pattabhi Ram, a Public Speaker, author and Teacher. The Virtual event was hosted by ICT Academy.
Hindi Literature Writer Priyamvad’s New Book, ‘Bharatiya Loktanktra Ka Koras: Kuch Bisari Bikhari Dhwaniyan’ to Release in 2021
Hindi literature writer Priyamvad to release his new book, ‘Bharatiya Loktanktra Ka Koras: Kuch Bisari Bikhari Dhwaniyan’ in 2021. The book is published by Penguin Random House India’s Indian language publishing division, Hind Pocket Books.
STATE NEWS
Hindi literature writer Priyamvad to release his new book, ‘Bharatiya Loktanktra Ka Koras: Kuch Bisari Bikhari Dhwaniyan’ in 2021. The book is published by Penguin Random House India’s Indian language publishing division, Hind Pocket Books.
STATE NEWS
Ladakh LG RK Mathur E-Launches Mission Organic Development Initiative & Greenhouse Project
Radha Krishna Mathur, Lieutenant Governor of Ladakh launched Mission Organic Development Initiative(M.O.D.I) and Greenhouse Project, to lead the Union Territory on a sustainable path, over a virtual platform from Raj Niwas, Ladakh.
Radha Krishna Mathur, Lieutenant Governor of Ladakh launched Mission Organic Development Initiative(M.O.D.I) and Greenhouse Project, to lead the Union Territory on a sustainable path, over a virtual platform from Raj Niwas, Ladakh.
Delhi Govt to Launch ‘Podhe Lagao Prayavaran Bachao’, a 17 day Campaign to Reduce Air Pollution
Delhi Environment Minister Gopal Rai informed that a 17 day campaign ”Podhe Lagao, Paryavaran Bachao” (Plant Trees, Save Environment) will be launched from July 10 to July 26 from the National Highway(NH) 20 near ITO to reduce air pollution. During the campaign 31 lakh saplings will be planted.
Delhi Environment Minister Gopal Rai informed that a 17 day campaign ”Podhe Lagao, Paryavaran Bachao” (Plant Trees, Save Environment) will be launched from July 10 to July 26 from the National Highway(NH) 20 near ITO to reduce air pollution. During the campaign 31 lakh saplings will be planted.
Dadasaheb Phalke and Sahitya Akademi Winner Ratnakar Matkari Posthumously Honoured by Maharashtra Government
The Natvarya Prabhakar Panshikar award comprises a citation, a memento and a cash prize of Rs.5 Lakh.
About Maharashtra:
Capital– Mumbai
Chief Minister– Uddhav Thackeray
Governor– Bhagat Singh Koshyari
The Natvarya Prabhakar Panshikar award comprises a citation, a memento and a cash prize of Rs.5 Lakh.
About Maharashtra:
Capital– Mumbai
Chief Minister– Uddhav Thackeray
Governor– Bhagat Singh Koshyari
Capital– Mumbai
Chief Minister– Uddhav Thackeray
Governor– Bhagat Singh Koshyari
Telangana amends state FRBM Act 2005; accepting govt’s decision to extend borrowing limit to 5% from 3%
About Telangana:
Capital– Hyderabad
About Telangana:
Capital– Hyderabad
Capital– Hyderabad
Odisha Government to Implement an Initiative ‘Sabuja Odisha’ to Increase Green Cover through Extensive Plantation
Odisha government in a high-level meeting held under the Chairmanship of Chief Secretary Asit Tripathy decided to implement a new initiative ‘Sabuja Odisha’.
About Odisha:
Capital– Bhubaneswar
Governor– Ganeshi Lal
Chief Minister– Naveen Patnaik
Odisha government in a high-level meeting held under the Chairmanship of Chief Secretary Asit Tripathy decided to implement a new initiative ‘Sabuja Odisha’.
About Odisha:
Capital– Bhubaneswar
Governor– Ganeshi Lal
Chief Minister– Naveen Patnaik
Capital– Bhubaneswar
Governor– Ganeshi Lal
Chief Minister– Naveen Patnaik
Maharashtra CM Launches ‘Platina’, World’s Largest Convalescent Plasma Therapy-Cum-Trial Project
Maharashtra Chief Minister Uddhav Thackeray launched the world’s largest convalescent plasma therapy-cum-trial project, ‘Platina’ to treat COVID-19 patients, through video conference at Nagpur’s government medical college.
About Maharashtra:
Capital– Mumbai
Governor– Bhagat Singh Koshyari
Maharashtra Chief Minister Uddhav Thackeray launched the world’s largest convalescent plasma therapy-cum-trial project, ‘Platina’ to treat COVID-19 patients, through video conference at Nagpur’s government medical college.
About Maharashtra:
Capital– Mumbai
Governor– Bhagat Singh Koshyari
Capital– Mumbai
Governor– Bhagat Singh Koshyari
Arvind Kejriwal Launched India’s First Plasma Bank for COVID-19 Treatment
Chief Minister of Delhi, Arvind Kejriwal launched India’s first Plasma Bank for the treatment of the patients tested positive for coronavirus.
Chief Minister of Delhi, Arvind Kejriwal launched India’s first Plasma Bank for the treatment of the patients tested positive for coronavirus.
Madhya Pradesh launches “Hamara Ghar-Hamara Vidyalaya” scheme
Principal Secretary Rashmi Arun Shami launched “Hamara Ghar-Hamara Vidyalaya” over a virtual platform to maintain academic regularity of the students during the Lockdown due to COVID-19 pandemic. The scheme will start from 6th July 2020.
Department of School Education(M.P.):
Minister– Prabhu Ram Choudhary
Principal Secretary– Rashmi Arun Shami
Principal Secretary Rashmi Arun Shami launched “Hamara Ghar-Hamara Vidyalaya” over a virtual platform to maintain academic regularity of the students during the Lockdown due to COVID-19 pandemic. The scheme will start from 6th July 2020.
Department of School Education(M.P.):
Minister– Prabhu Ram Choudhary
Principal Secretary– Rashmi Arun Shami
Department of School Education(M.P.):
Minister– Prabhu Ram Choudhary
Principal Secretary– Rashmi Arun Shami
Goa Government Allots Land to 49 MSME Units to Set Up India’s First Marine Cluster
The Government of Goa allotted land to a consortium of 49 Micro, Small and Medium Enterprises(MSME) units to set up India’s first Marine Cluster, Pramod Sawant, Chief Minister of Goa provided 14,380 square Metres of land to set up the Common Facility centre.
The Government of Goa allotted land to a consortium of 49 Micro, Small and Medium Enterprises(MSME) units to set up India’s first Marine Cluster, Pramod Sawant, Chief Minister of Goa provided 14,380 square Metres of land to set up the Common Facility centre.
Karnataka Chief Minister Launches a Portal, ‘Skill Connect Forum’ to Connect Job Seekers and Employers
Karnataka Chief Minister BS Yediyurappa launched a portal, ‘Skill Connect Forum’ to connect job seekers(skilled workers) and employers(private entrepreneurs) on a common platform. The portal provides information on available jobs and those who need job.
Karnataka Chief Minister BS Yediyurappa launched a portal, ‘Skill Connect Forum’ to connect job seekers(skilled workers) and employers(private entrepreneurs) on a common platform. The portal provides information on available jobs and those who need job.
Madhya Pradesh to launch ‘Kill Corona’ campaign
In order to control the spread of Covid-19, Madhya Pradesh has decided to launch a 15-day campaign called ‘Kill Corona’ from July 1, 2020.This campaign includes door-to-door surveys and tests would also be done on citizens for other diseases.
In order to control the spread of Covid-19, Madhya Pradesh has decided to launch a 15-day campaign called ‘Kill Corona’ from July 1, 2020.This campaign includes door-to-door surveys and tests would also be done on citizens for other diseases.