NATIONAL UPDATES:
1. PM
Narendra Modi unveils ‘SPRINT Challenges’ to boost usage of Indigenous
Technology: Prime
Minister Narendra Modi unveiled ‘SPRINT Challenges’, aimed at giving a boost to
the usage of indigenous technology in the Indian Navy, during the Naval
Innovation and Indigenisation Organisation (NIIO) seminar ‘Swavlamban’ in New
Delhi. This collaborative project is named SPRINT {Supporting Pole-Vaulting in
R&D through Innovations for Defence Excellence (iDEX), NIIO and Technology
Development Acceleration Cell (TDAC)}. The seminar was organised by the Naval
Innovation and Indigenisation Organisation (NIIO) and the Society of Indian
Defence Manufacturers (SIDM). About the seminar:
a)
The
two-day seminar, held on July 18-19, 2022, aimed to engage Indian industry and
academia towards achieving self-reliance in the Defence sector.
b)
It
provide a platform for leaders from Industry, Academia, Services and Government
to come together on a common platform to ideate and come up with
recommendations for the Defence Sector.
c)
Sessions
dedicated to Innovation, Indigenisation, Armament and Aviation are held. The
second day of the Seminar witness outreach to the Indian Ocean Region, in line
with the government’s vision of SAGAR.
2.
Delhi govt commemorated Happiness Utsav in honour of curriculum’s 4th
anniversary:
According to Deputy Chief Minister Manish Sisodia, the Delhi government
celebrated Happiness Utsav to honour the fourth anniversary of its Happiness
Curriculum for schools. At a special session held for pupils on this occasion
at Kautilya Sarvodaya Bal Vidyalaya in Chirag Enclave, life coach Gaur Gopal
Das discussed the intricacies of happiness. Key Points:
a)
Each
student in a government school in Delhi would interact with at least five
members of their local community and impart happiness-related knowledge on
them. The objective is to assist Delhi’s millions of citizens in finding
happiness. In the past four years, Happiness Curriculum has travelled a long
and winding road. The students’ concentration on their studies has increased,
and the kids aren’t under any stress.
b)
The
Deputy Chief Minister announced that numerous events will be planned during the
Happiness Utsav over the ensuing 15 days, and this time, “happiness” will not
be restricted to Delhi government schools exclusively.
3.
India reaches a milestone of 200 Crore vaccinations for COVID-19: India has crossed the
200-Crore milestone in its cumulative COVID19 vaccination campaign, which is a
historic accomplishment. Preliminary reports indicate that 2,00,00,15,631
dosages had been given nationwide. It was accomplished over 2,63,26,111
sessions. Prime Minister Narendra Modi congratulated his compatriots for
achieving this important goal in a tweet. He described the immunisation
campaign in India as unparalleled in magnitude and rapidity. Dr. Mansukh
Mandaviya, the minister of health for the Union, also praised the nation for
reaching this milestone in just 18 months by saying that this tremendous
accomplishment will be inscribed in history. Key Points:
a)
India
began using cutting-edge technologies like CoWIN for evaluating geographical
coverage, tracking AEFI for vaccines, promoting inclusivity and for providing a
single reference point for citizens to follow their vaccination schedule.
b)
India
also prioritised vaccine administration based on scientific evidence and
international best practises. These initiatives were part of the country’s
“Make-in-India” and Make-for-World Strategy.
c)
Through
programmes like Har Ghar Dastak, Workplace CVC, School-based vaccination,
immunisation of people without identity documents, Near-to-Home CVC, and Mobile
Vaccination Teams, India’s free and voluntary nationwide COVID19 vaccination
exercise is also being carried out in a citizen-friendly manner.
d)
The
National COVID19 Vaccination Programme in India also achieved geographic and
gender parity, with 71 percent of CVCs situated in rural regions and over 51
percent of vaccine doses given to women.
4.
Telangana government and UNDP collaborate on the DiCRA: Data in Climate
Resilient Agriculture (DiCRA), the newest entry in the Digital Public Goods
Registry, was announced by the Telangana State government in collaboration with
the United Nations Development Programme (UNDP). The platform, which uses
artificial intelligence to power it, aims to improve food security and food
systems. DiCRA becoming a digital public good, according to IT Minister KT Rama
Rao, is a significant step in our commitment to open data policy, service
delivery to farmers, and anticipatory governance to address the world problem
of food security.
Key Points:
a)
With
UNDP Accelerator Labs and partner organisations, they are thrilled to support
this first-of-its-kind digital commons to promote climate action not only for
Telangana but for the entire world, said DiCRA of its cooperation with
Telangana’s thriving innovation ecosystem.
b)
Climate
change has multiple effects on agriculture, impacting crop output, nutrient
quality, and livestock productivity. DiCRA can distinguish between farms that
are highly vulnerable to climate change and those that are climate
change-resilient using remote sensing and pattern identification algorithms.
c)
In
order to support the achievement of the Sustainable Development Goals, DiCRA
has now joined more than 100 other digital solutions (SDGs).
5.
Margaret Alva to run for vice president on opposition’s behalf: Margaret Alva, a
former Union minister and governor of Rajasthan, will run for vice president as
a joint candidate of the opposition parties. Jagdeep Dhankar, the governor of
West Bengal, has been nominated by the NDA as a joint contender for the
position of vice president. At a gathering of 17 opposition party leaders at
the home of NCP supremo Sharad Pawar, the decision was made to run Alva.
With the support of Trinamool Congress and
the Aam Aadmi Party, she would be the joint candidate of a total of 19 parties
after 17 parties unanimously decided to field her. They are attempting to get
in touch with Arvind Kejriwal and Mamata Banerjee. They previously backed the
shared presidential candidate. Even JMM is participating in this election
alongside opposing parties. Sanjay Raut of the Shiv Sena stated that they are
all working together in this election.
INTERNATIONAL UPDATES:
1.
World Chess Day: 20th July: World Chess Day is celebrated annually on July 20
globally. The day marks the date of the establishment of the International
Chess Federation (FIDE) in Paris in 1924. On 12 December 2019, the General
Assembly proclaimed 20 July as World Chess Day to mark the date of the
establishment of the International Chess Federation (FIDE) in Paris in 1924. It
is believed that the game of chess, which was once known as “Chaturanga”, dates
back almost 1500 years and originated in India. It later made its way to Persia,
where it flourished under Arab rule and eventually spread to Southern Europe.
In Europe, chess evolved into its current form during the 15th century. It
changed into a modern sport by the end of the 15th century.
Note: International Chess Federation President:
Arkady Dvorkovich; International Chess Federation Founded: 20 July 1924, Paris,
France; International Chess Federation Headquarters: Lausanne, Switzerland.
2.
International Moon Day: 20th July: The General Assembly declared
International Moon Day, a United Nations-designated international day to be
observed annually on 20 July. International Moon Day 2022 is chosen as the day
to educate and promote awareness on the status and prospects for humanity.
International Moon Day History: An application by
submitted by the Moon Village Association at the 64th UN-COPUOS Session stating
to observe July 20 as International Moon Day. The day was selected to
commemorate the first human landing on the moon done on July 20, 1969, with the
United States’ Apollo 11 mission. On December 9 2021, the United Nations
General Assembly adopted the resolution stating that July 20 will be observed
every year as International Moon Day.
OTHER UPDATES:
SPORTS
1.
England all-rounder Ben Stokes announces ODI retirement: England
all-rounder Ben Stokes has made a surprise announcement to retire from ODI
cricket. “Three formats are just unsustainable for me now,” he said. The
31-year-old will play his last ODI against South Africa at his home ground in
Durham. Stokes’ ODI career will forever be remembered for his
Player-of-the-Match performance in the 2019 World Cup final against New Zealand
at Lord’s. After making his ODI debut against Ireland in 2011, Stokes has
scored 2919 runs, including three centuries, and taken 74 wickets in the
format.
2.
2025 World Athletics Championships: Tokyo’s Olympic Stadium to host event: The World
Athletics Council has selected Tokyo (Japan) to host the 2025 World Athletics
Championships. At the World Athletics Council Meeting in Oregon, USA, the
Council also announced that the 2024 World Athletics Cross Country
Championships will be held in Medulin and Pula in Croatia and the 2026 World
Athletics Cross Country Championships will be held in Tallahassee, Florida.
Key Points:
a)
The
18th edition of the World Athletics Championships begins in Oregon USA while
Budapest in Hungary will host the 2023 event.
b)
The
2022 edition is currently being organized in Oregon, USA, which was originally
scheduled to be held in 2021 but postponed by one year due to the COVID-19
pandemic.
3.
Narinder Batra resigned as FIH, IOA president and IOC member: Veteran sports
administrator, Narinder Batra has resigned as President of the Indian Olympic
Association (IOA), President of the International Hockey Federation (FIH), as
well as a member of the International Olympic Committee (IOC), citing “personal
reasons”. Mr Batra ceased to be
President of the Indian Olympic Association (IOA) when the Delhi High Court, on
May 25, struck down the post of ‘Life member’ in Hockey India, courtesy of
which he had contested the IOA elections and won back in 2017.
Time span of Narinder Batra: The 65-year-old
Mr Batra took charge of the IOA for the first time in 2017 and was eligible to
contest for re-election. Mr Batra became an IOC member in 2019 and later went
on to become a member of the Olympic Channel Commission. Mr Batra became president
of FIH in 2016 and reclaimed the position last year for a second term.
BANKING AND FINANCE
1.
Raigad Sahakari Bank of Mumbai subject to limitations from RBI: Due to the
lender’s worsening financial situation, the RBI imposed a number of limitations
on Mumbai-based Raigad Sahakari Bank, including a withdrawal cap of Rs 15,000
per customer. The cooperative bank is subject to a number of restrictions,
including the inability to issue loans, make any investments, or take new
deposits without RBI‘s prior approval. Key Points:
a)
The
Reserve Bank stated that a depositor may be permitted to withdraw up to Rs
15,000 of their entire balance across all savings bank, current, or other
accounts.
b)
The
limitations will be in effect for a full six months.
c)
The
RBI added that it would be incorrect to interpret the directives given to
Raigad Sahakari Bank as the revocation of its banking licence.
d)
Until
its financial situation becomes better, the bank will continue to conduct
banking business with limits.
e)
In
addition, the Reserve Bank stated that depending on the situation, it might
modify the instructions.
About Raigad Sahakari Bank: On September 30,
1960, the Raigad Sahakari Bank or Raigad District Central Co-operative Bank was
founded. The bank received a banking licence from the Reserve Bank of India on
November 11th, 1995. In 1997, Jayant Prabhakar Patil (MLC) became the bank’s
chairman. It was introduced on May 18, 2013, and is the first District
Cooperative Central Bank in India to offer the Kisan Credit Card.
BUSINESS AND ECONOMY
1.
Successful testing of India’s first 5G private network announced by Bharti
Airtel:
The nation’s first 5G private network was successfully tested by Bharti Airtel
at Bosch Automotive Electronics’ plant in Bengaluru. The trial occurs in
advance of a 5G spectrum auction in the midst of a conflict between telecom and
IT firms over the allocation of airwaves for private networks. Using the
government-allocated trial spectrum, Airtel deployed two industrial-grade use
cases at Bosch’s facility for quality enhancement and operational efficiency.
Key Points:
a)
In
both quality enhancement and operational efficiency, automated activities were
driven by 5G technology, including mobile broadband and ultra-reliable
low-latency communications, providing faster scale-up and fewer downtimes, the
business said in a statement.
b)
The
private network, which was set up as a test, can handle hundreds of linked
devices and provide throughput of several GBPS.
c)
According
to Ajay Chitkara, director and CEO of Airtel Business, Airtel is committed to
assisting India’s digital transformation and the growth of its business as it
aspires to achieve global size.
d)
According
to Subhash P, head of technical functions at Bosch Automotive Electronics
India, the Airtel Private 5G network’s low latency and dependable connectivity,
which were experienced at our plant during the proof of concept, have allowed
them to increase production and efficiency.
e)
The
use of 5G will greatly reduce the amount of wired IT infrastructure and improve
operational effectiveness.
2.
Ashish Kumar Chauhan named as the next MD & CEO of NSE: The National Stock
Exchange (NSE) has announced the appointment of Ashish Kumar Chauhan as its new
managing director and CEO. He will succeed Vikram Limaye whose 5-year term
ended on 16 July 2022. He was one of the founders of NSE where he worked from
1992 to 2000. He is best known as the father of modern financial derivatives in
India due to his work at NSE. This is Chauhan’s second tenure in the BSE and
under SEBI guidelines, a candidate cannot be appointed as MD & CEO for more
than two tenures. BSE is also searching for a new CEO in place of Chauhan.
Note: National Stock Exchange Location:
Mumbai, Maharashtra; National Stock Exchange Founded: 1992; Chairperson of
National Stock Exchange: Girish Chandra Chaturvedi.
AWARDS AND HONOURS
1.
Australia Tennis star Lleyton Hewitt inducted into Hall of Fame: Two-time Grand Slam
champion and former world number one, Lleyton Hewitt was inducted into the
International Tennis Hall of Fame. Before Roger Federer, Rafael Nadal and Novak
Djokovic ascended to the top of the sport, Hewitt held the top spot for 80
weeks, good for 10th-most in history. Even when those stars made their mark.
The Aussie icon won his first ATP title in
Adelaide in 1998 and his last in 2014 at the Hall of Fame Open, defeating Ivo
Karlovic. Hewitt won the 2001 US Open and 2002 Wimbledon title.
OBITUARIES
1. Renowned artist Achuthan Kudallur passes away: Noted artist Achuthan Kudallur has passed away recently at the age of 77. A civil engineer by training, Achuthan Kudallur was a self-taught abstract artist and a highly respected name in contemporary art circles of south India. He was a part of the Madras Art Club, which operated within the Government College of Art, Chennai and later shifted to painting abstracts. Achuthan Kudallur is a recipient of the national and Tamil Nadu State Lalit Kala Akademi Awards. He was born in 1945 in Kerala, but lived alone in Chennai, pursued a degree in Civil Engineering and revelled as an Indian Asian Modern and Contemporary painter.
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