NATIONAL UPDATES:
1. Odisha
cabinet approves Mission Shakti Scooter Yojana:
Odisha Cabinet, led by Chief Minister Naveen Patnaik has
approved Mission Shakti Scooter Yojana. Under this scheme, an
interest subvention on bank loans up to Rs 1 lakh will be provided to
beneficiaries to purchase a scooter. The State government has made a
budgetary provision of Rs 528.55 crore for the execution of the
scheme over a period of the next five years. The Cabinet has also approved
a budget of Rs 1001.14 crore for expanding Comprehensive Cancer
Services.
2. Capacity
building Scheme for North Eastern Region:
The Ministry of Skill Development & Entrepreneurship (MSD&E)
implemented the Capacity Building Scheme for the North Eastern
Region, which is carried out by the Institute of Entrepreneurship (IIE)
located in Guwahati, Assam IIE has organized numerous capacity development
initiatives in Assam as part of the Pradhan Mantri Vandhan Yojana (PMVDY)
scheme. In the Sonitpur district, a total of 6 Van Dhan Vikas Kendras
Clusters have been approved under the PMVDY scheme
3. Central
Gov appointed Justice Dhiraj Thakur as Chief Justice of High Court: The Central government has appointed justice Dhiraj Singh
Thakur as Chief Justice of the Andhra Pradesh High Court. In 1989, he
became a registered advocate with the Bar Council of Delhi, and later with
the Bar Council of Jammu & Kashmir (JK) He become a Senior
Advocate in 2011, and in 2013, he was appointed as a permanent judge of
the High Court of JK The Andhra Pradesh High Court which has a sanctioned
strength of 37 judges is currently functioning with 30 judges
4. T V
Narendran re-appointed as Tata Steel CEO and Managing Director: Tata Steel confirmed re-appointed of TV Narendran as Chief
Executive Officer and Managing Director of the Company for 5
years. He has over 35 years of experience in the mining and metals
industry. He was appointed as Managing Director of Tata Steel for
India and South East Asia in 2013. There is no order passed by the
Securities and Exchange Board of India or any other such authority that debars
him from holding the office of Director.
5. Amit Shah inaugurated the Aviation Security Control
Center: Union Home Minister Amit Shah has
inaugurated the newly established Aviation Security Control Centre
(ASCC) at CISF Campus Mahipalpur in New Delhi. The CISF was inducted
at airports for the first time in February 2000. After two decades, currently,
CISF is providing security cover to 66 airports out of 134 operational airports
in the country, including extremely busy and hypersensitive airports like
Delhi, Mumbai, Bangalore, Jammu, Srinagar, and Amritsar. In order to monitor
the security functions and resource utilization on a real-time basis, Security
Operations Control Centres (SOCCs) are functional at every airport. These SOCCs
serve as the nerve/nodal center for the collection and dissemination of
important information 24×7, especially during contingencies. This newly
established ASCC will play an important role in its quest to play a greater
role in aviation security and the future of the force.
6. Gajendra Singh inaugurates National Conference On
Rural WASH Partners’: Union Minister Gajendra Singh Shekhawat has inaugurated a two-day National
Conference of Rural WASH Partners’ Forum at Vigyan Bhawan in New Delhi. The
stakeholders from the Water, Sanitation, and Hygiene (WASH) sector to
deliberate on the progress made and the way ahead to support the expeditious
implementation of the Jal Jeevan and Swachh Bharat Mission. The Ministry of Jal
Shakti said, under the theme of “Accelerating Progress towards a Swachh Sujal
Bharat”, the Conference will provide a forum for partners to share their
experiences, learn from each other, and identify new ways to collaborate across
the WASH sector. The Rural WASH Partners’ Forum (RWPF) is a leading platform
for development partners and sector partners working in the rural WASH sector
in India.
7. 5th Helicopter & Small Aircraft Summit organized
in Khajuraho: The Ministry of Civil
Aviation, Government of Madhya Pradesh, Pawan Hans, and the Federation of
Indian Chambers of Commerce and Industry (FICCI) have jointly organized
the 5th Helicopter & Small Aircraft Summit in Khajuraho,
Madhya Pradesh. The event’s theme reflects the critical focus on enhancing
transportation services and promoting tourism in remote and hilly terrains. Union
Civil Aviation Minister, Jyotiraditya M Scindia has inaugurated the event. The
aviation and tourism industries are interconnected, and their synergy fosters
employment opportunities and drives economic growth across the country. The
summit’s primary objectives are to enhance the scope of the UDAN (Ude Desh Ka
Aam Nagrik) Scheme, which focuses on regional connectivity in remote and hilly
terrains, and to expand the country’s rural-to-urban connectivity. A key focus
is also on boosting the connectivity of helicopters and small aircraft to
places with existing and potential tourism hotspots by providing uninterrupted
services.
8. PM Narendra Modi to inaugurate ‘Semicon India 2023’ in
Gandhinagar: Prime Minister Narendra
Modi will inaugurate a six-day event focusing on semiconductors
– Semicon India 2023 – at Mahatma Mandir in Gandhinagar on
July 28. The event is scheduled to be held between July 25 and 30 and with the
PM inaugurating the main event on July 28. Open to the public from July 25 to
July 30, this engaging exhibition aims to educate visitors about the intricate
manufacturing process of semiconductors and the remarkable strides achieved in
this dynamic field. The exhibition will offer the visitors a comprehensive
insight into the cutting-edge technologies and innovations driving the
semiconductor industry. For aspiring students, this platform will present a
valuable opportunity to acquire in-depth knowledge about semiconductor
manufacturing, fostering a pathway to a rewarding career in this field. Companies
such as Foxconn, Micron, AMD, IBM, Marvell, Vedanta, LAM Research, NXP
Semiconductors, ST Microelectronics, Grantwood Technologies, Infineon
Technologies, Applied Materials, and other prominent players in the sector will
actively participate in this momentous event.
9. A Madhavarao appoints as new Chairman and MD of Bharat
Dynamics: A Madhavarao has been
appointed as the new Chairman and MD of Bharat Dynamics Limited (BDL). He
joined BDL in March 2020 as executive director and was currently holding the
post of Director (Technical) with the additional charge of Director
(production). During his tenure in the Indian Navy, Commodore Madhavarao took
part in the Kargil and Parakram operations. He was instrumental in setting up
the Nuclear and Safety field organization in Visakhapatnam for the induction of
Nuclear Submarines into the Indian Navy. He has served as General Manager
Technical at Naval Dockyard Visakhapatnam and was responsible for preparing the
long-term perspective plan for the Naval Dockyard modernization.
INTERNATIONAL UPDATES:
1. Twitter
changes logo to ‘X’, replacing blue bird symbol: The
owner Elon Musk, and Chief Executive Officer Linda Yaccarino of
Twitter, revealed its new logo, replacing the blue bird on its
website with an X as part of a broader rebranding effort. The new logo now
shows a white X on a black background. It is the latest change since Elon
Musk bought the social media platform for 44 billion dollars last year. Twitter
is a free social networking site where users broadcast short posts known as
tweets.
2. CAIT
and Meta expand ‘WhatsApp Se Wyapaar’ partnership:
The Confederation of All India Traders (CAIT) and Meta are expanding
their ‘WhatsApp Se Wyapaar program to digitally train and upskill 10
million local traders on the WhatsApp Business App. Goal: To localize
digitization efforts to unleash growth opportunities for businesses with hyper-local
digital training in 11 Indian languages across all 29 Indian states. CAIT
will conduct workshops to digitize their storefronts and establish
their 'digital dukaan'
3. 25 July – World Embryologist Day: World Embryologists Day is observed every year on July
25 to recognize the work and contributions of embryologists worldwide. Embryologists
play an important role in treating infertility and help couples have babies
through in vitro fertilization or the IVF process. In an IVF clinic, embryologists
play a vital role. They are responsible for creating new life outside a woman’s
body. Embryologists also help in conceiving a baby. They are also known as the
caretakers of clients’ eggs, sperm, or embryos. On July 25, 1978, Louise Joy
Brown was the first child to be born through IVF in England. Since then, IVF
has emerged as a glimmer of hope for couples who dream of becoming parents, but
are struggling with infertility. Therefore, Brown’s birthday is recognised as
World Embryologist Day.
4. 25 July – World Drowning Prevention Day: World Drowning Prevention Day is
observed every year on July 25. Objective – To raise awareness about the
critical issue of drowning and its devastating impact on individuals, families,
and communities worldwide. Theme 2023 – Anyone can drown, no one should Approximately
236,000 individuals lose their lives to drowning annually, with children
between the ages of five and 14 being more susceptible to this tragedy. Research
indicates that youngsters and teenagers living in rural areas are at a higher
risk of drowning compared to their urban counterparts.
OTHER UPDATES:
SPORTS
1. Kamaljeet
bagged two golds in Junior Shooting World Championships 2023: Indian player Kamaljeet won two gold medals in
the 50-meter free pistol event in the Junior World Championship
2023 in Changwon, Korea. In this championship, India was second on the
medals table with six gold, six silver, and five bronze medals. China
stayed on top with 12 gold, nine silver, and seven bronze medals. In the
women’s free pistol, Tiyana Phogat won the silver, one point behind Khanna
Aliyeva of Azerbaijan.
2. Indian
javelin throwers bagged gold medals at Lebanon Athletics 2023: Indian javelin throwers Annu Rani and Kishore
Jena bagged gold medals in the women’s and men’s javelin throw
events, respectively, at the Lebanon Athletics Championships 2023 in
Beirut In the women’s event, Annu Rani recorded a best throw of
55.32m to top the six-woman field. In the men’s event, Kishore
Jena achieved a distance of 78.96m to clinch the gold medal. Tokyo
Olympics champion 2022 Neeraj Chopra holds India’s national record in
men’s javelin throw.
3. Rakesh & Sarita win India’s 1st gold at World Para
Archery Tournament: Indian compound archers Sarita and
Rakesh Kumar gave a fine performance to claim the
country’s first-ever gold medal in the World Archery Para
Championships in Pilsen, Czech Republic. The duo claimed the mixed team
world title, while 16-year-old armless archer Sheetal Devi bagged the compound
women’s individual silver. Sarita bagged a second medal when she took the
women’s team bronze with Jyoti. The country’s previous best showing was two
silver medals — by Pooja in recurve individual event and Shyam Sundar Swami and
Jyoti in compound mixed team — in Dubai last year. Sarita and Rakesh defeated
Brazil’s Jane Gogel and Reinaldo Ferreira 152-146 in the final. The match began
with both sides sharing honours (37-37) in the first end. The Indians showed
consistency to take the next three ends 37-36, 39-38, 39-35.
4. Satwiksairaj Rankireddy and Chirag Shetty clinch Korea
Open 2023: Asian
Champions Satwiksairaj Rankireddy and Chirag Shetty defeated world
no. 1 Indonesian duo Fajar Alfian and Muhammad Rian Ardianto in a thrilling
3-game men’s doubles final 17-21, 21-13, 21-14 to clinch the Korea Open
2023 title in Yeosu, Korea. This is the third Super 500 title of their career
so far after Thailand Open 2019 and Yonex Sunrise India Open 2022. And also,
the third BWF World Tour title in 2023 as well, having previously won Swiss
Open 2023 (Super 300) and Indonesia Open 2023 (Super 1000) earlier this year.
5. Indian tennis player Sumit Nagal won Tampere
Challenger 2023: Indian tennis player Sumit
Nagal beat Dalibor Svrcina of the Czech Republic in straight sets to clinch
the Tampere Open title held in Finland. Nagal beat Svrcina 6-4 7-5 to
emerge victorious. This was Sumit Nagal’s fourth ATP Challenger title overall. It
was the second Challenger title of the season after the one in Rome, and the
fourth Challenger title of his career for the 25-year-old.
BANKING AND FINANCE
1. PhonePe
launches income tax payment feature:
PhonePe has launched an ‘Income Tax Payment’ feature on its app.
Aim: To allow taxpayers to pay self-assessment and advance tax directly
from the app using UPI or credit card payments To enable this feature, the
company has partnered with PayMate, a B2B payments and service
provider. Users can get a 45-day interest-free period and earn reward
points on their tax payments, depending on their bank The challan for the
tax payment will be available within two working days
2. Inclusion
of NongHyup Bank in Second Schedule: RBI Notification: The Reserve Bank of India (RBI) has informed all banks about
the addition of "NongHyup Bank" to the Second Schedule
of the RBI Act, 1934. According to the RBI, NongHyup Bank has
been officially included in the regulated list through a prior notification
issued on June 20, 2023, and published in the Gazette of India. It is
an agricultural bank headquartered in South Korea. The bank was
established in 2012 owned by the NACF. Nonghyup Bank entered India in
2016.
3. Canara
Bank was top lender to public sector cos in FY23:
Finance Minister Nirmala Sitharaman informed Parliament that during
the fiscal year 2022-23, Public Sector Banks (PSBs) extended
loans amounting to ₹4.12 trillion to state-backed corporations and
public sector undertakings. Canara Bank
took the lead in lending ₹187,813 crore to government-backed
entities. The top five PSBs – Canara Bank, State Bank of India, Punjab National
Bank, Bank of Baroda, Canara Bank and Union Bank of India.
4. RBI
caps deposit withdrawal from ailing National Co-operative Bank: The Reserve Bank of India (RBI) imposed business restrictions
on The National Co-operative Bank Ltd and capped deposit
withdrawal at Rs 50,000 per account in July 2023. According to the RBI,
the bank is not allowed to issue fresh loans or accept fresh deposits without
prior approval from the central bank. Depositors will be entitled to receive
deposit insurance claim amount up to Rs 5 lakh from the Deposit
Insurance and Credit Guarantee Corporation.
5. Banks
write off bad loans worth Rs 2.09 lakh crore in 2022-23: RBI: According to the RBI’s data during the financial year 2022-23,
banks wrote off bad loans amounting to over Rs 2.09 lakh
crore, contributing to a total loan write-off of Rs 10.57 lakh crore
by the banking sector over the past five years. This loan write-off to
bring down gross non-performing assets or defaulted loans to a 10-year low
of 3.9 percent of advances by March 2023 According to RBI, banks have
written off a total of Rs 15,31,453 crore since FY2012-13.
AWARDS AND HONOURS
1. Anurag Thakur confers 8th and 9th Community Radio
Awards: The Union Minister for Information and
Broadcasting, Anurag Thakur has conferred the 8th and 9th
National Community Radio Awards. The awards were conferred during the Inaugural Session of the two-day
Regional Community Radio Sammelan (North) which was inaugurated by the Union Minister
at the Indian Institute of Mass Communication in New Delhi. Community
Radio Stations play a key role in realizing the vision of Prime Minister Shri
Narendra Modi of Jan Bhagidari se Jan Andolan. These stations complement the efforts of
Akashvani and have played a key role in keeping their listeners informed during
calamities. The
National Community Radio Awards carry 1st, 2nd and 3rd prizes for Rs, 1 Lakh,
75,000 Rs and 50,000 Rs respectively. Most
Innovative Community Engagement Awards: First Prize Radio SD, Muzaffarnagar, Uttar Pradesh; Name of the
programme: Hizra in Between Second Prize Kabir Radio, Sant Kabir Nagar, Uttar Pradesh; Name of
Program: Selfie Le Le Re Third Award: Radio Mind Tree, Ambala, Haryana Name of Programme: Book
Bugs
OBITUARIES
1. Former Australian wicketkeeper Brian Taber passes
away: Former Australia and New South Wales
wicketkeeper Brian Taber has died at the age of 83. Taber,
who played 16 Test matches for Australia between 1966 and 1970. He made his
Test debut against South Africa in Johannesburg where he claimed seven catches
and a stumping. His highest Test score of 48 came against West Indies at Sydney
in 1969 in a match Australia won by 382 runs. He played more than 100 games for
New South Wales during his domestic career.
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