1. KK Venugopal to be new Attorney General of India: K K Venugopal, a noted constitutional expert
and senior advocate has been cleared for appointment as the Attorney
General of India. He would become a law officer for the second time after being
an Additional Solicitor General during the Morarji Desai government. Venugopal
is the recipient of ‘Padma Vibhushan’ and ‘Padma Bhushan’.
2.
India launches historic indirect tax regime GST: The Goods and Services tax regime has been launched at the stroke of
midnight on 1 July 2017. The launch was organized in the Central Hall of
Parliament on the midnight of 30 June - 1 July 2017 in the presence of
President, Vice President, Prime Minister, Speaker of LokSabha and Union
Finance Minister among other dignitaries.The GST launch was marked by the
speech of Prime Minister NarendraModi, who dubbed the tax regime as the ‘Good
and Simple Tax’.
3. BHEL signs pact with Japanese firm for manufacturing coaches for
metro trains: An agreement has been signed by The Bharat Heavy Electricals
Limited (BHEL) with Kawasaki Heavy
Industries Ltd (KHI) of Japan to manufacture stainless steel coaches and bogies
for metro rail.The agreement covers establishing engineering, design, and
manufacturing facilities at BHEL using Japanese technology.It will also entitle
BHEL for all technological advances and upgrades.
4. Govt
lowers interest rate by 0.1 % on small saving schemes for July-Sep
quarter: The union govt. has lowered
interest rate on small saving schemes by 0.1% for the July- September quarter
this year. The rates of small
saving schemes like PPF (Public Provident Fund) - 7.8%, KisanVikasPatra (7.5 %)
& mature in 115 months, have been lowered across the board compared to the
April-June quarter.Samriddhi Account Scheme (girl child savings scheme) will
offer 8.3% annually, from 8.4% at present.
5. AK Jyoti of Gujarat cadre will be next Chief Election
Commissioner: Achal Kumar Jyoti will be the next Chief Election Commissioner (CEC) of
India.He would take charge
from incumbent Nasim Zaidi, retire from his post on 6 July 2017.Currently, Jyoti
is the Election Commissioner of India along with O P Rawat.
6. National
Doctor's Day: 1st July: The National
Doctors’ Day is celebrated every year on 1st July in India to
honour the legendary physician and the 2nd Chief Minister of West Bengal, Dr. Bidhan
Chandra Roy. This is a vital day for doctors as it provides them with an
opportunity to reflect on their career and remind them about practicing the art
and science of Medicine and Surgery in an ethical manner. Dr. Roy was honoured
with the country's highest civilian award Bharat Ratna.
International
UPDATES:
1.
Carrie Lam sworn-in as Hong Kong’s new leader :Chinese President Xi Jinping
sworn in the new leader of Hong Kong, Carrie Lam, on Saturday as the region
marked 20 years of its handover to China from Britain.She is Hong Kong’s first
female leader. The Chinese president
warned against “impermissible” challenges to Beijing’s authority.
2. International Day of Cooperatives 2017: International Co-operative Day
is an annual celebration of the co-operative movement observed on the first
Saturday in July since 1923 by the International Co-operative Alliance. The
theme for the 2017 International Day of Cooperatives is Co-operatives ensure
no-one is left behind.
OTHER UPDATES:
BUSINESS AND ECONOMY:
1. SN Subrahmanyan new CEO & MD of Larsen & Toubro: SN Subrahmanyan has
been appointed as the CEO and managing director(MD) of Larsen & Toubro. He
replaced AM Naik, who will continue as Non-Executive Chairman for three years.
No comments:
Post a Comment