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India and Afghanistan sign 5 MoUs for the development of educational infrastructure

July 6, 2020

India and Afghanistan inked five Memorandum of Understanding (MoUs) on July 5, 2020. The MoUs between the two countries have been meant for the development of educational infrastructure in 4 provinces of Afghanistan namely Farah, Nooristan, Kapisa, Badakhshan.

Jean Castex selected as the country’s new prime minister of France

July 6, 2020

French President Emmanuel Macron has selected Jean Castex as the new prime minister of France, following the abandonment of Edouard Philippe. A full government reshuffle is supposed later.

Bayern Munich clinched 20th German Cup

July 6, 2020

Robert Lewandowski crossed the 50-goal mark this season as Bayern Munich achieved the double with a 4-2 victory over Bayer Leverkusen behind closed doors to get a 20th German Cup on 4th July.

Former RBI governor Urjit Patel released book named ‘Overdraft: Saving the Indian Saver’

July 6, 2020

‘Overdraft: Saving the Indian Saver’, the book centers on the non-performing assets (NPAs) issue that has bothered Indian banking in contemporary years, its causes, and Urjit Patel’s efforts as the RBI Governor in dealing with it.

World Zoonoses Day celebrated on 6 July

July 6, 2020

World Zoonoses Day is observed annually on July 6 to spread awareness for the risk of zoonotic diseases.
It was on July 6, 1885, when Louis Pasteur successfully discovered the first vaccine against Rabies virus, which is a zoonotic disease.

World Chocolate Day celebrated on 07 July

July 7, 2020

World Chocolate Day (also known as International Chocolate Day) is an annual observance taking place globally on 7th July.
The day is said to be chosen to commemorate the initiation of chocolate to Europe in 1550.

YES Bank starts ‘Loan in Seconds’ for instant loan disbursement

July 7, 2020

YES Bank has started a digital solution, “Loan in Seconds” for instantaneous disbursement of retail loans.
The account holders recognized by the bank can avail this swift loan disbursal convenience without any document.

SBM Bank India, Mastercard pairs-up to facilitate cross border remittances by Mastercard Send

July 7, 2020

SBM Bank India (promoted by Government of Mauritius) and Mastercard have tied hands to facilitate cross-border payments and transmittals services by using ‘Mastercard Send’.
Mastercard Send is a secured and innovative solution – crafted to improve domestic and cross-border payments and transmittals.

India’s 1st NPNT compliant Drone flight auspiciously completed

July 7, 2020

India’s First No-Permission No-Takeoff (NPNT) acquiescent drone flight on the A200 Remotely Piloted Aircraft System (RPAS) has been performed successfully by Quidich Innovation Labs and Asteria Aerospace.

Dehing Patkai Wildlife Sanctuary to be modernized into a National Park

July 7, 2020

After months of Controversy, the Assam State Government has concluded for the up-gradation of the status of the Dehing Patkai Wildlife Sanctuary to National Park.
The verdict was taken on 6th July 2020 and was declared by the Chief Minister of Assam Sarbananda Sonowal.

Haryana made the reservation of 75 percent Jobs with Less than Rs 50,000 Salary in the Private Sector of the State for Locals

July 7, 2020

Haryana Cabinet on 6th July 2020 has signed a proposal for drafting an Ordinance under which 75 percent of the jobs with a salary of less than Rs 50,000 per month will be kept for the locals of Haryana in the state.

Maha Jobs Portal started by Maharashtra Chief Minister, Domicile Certificate Mandatory for Registration

July 7, 2020

Maharashtra Industrial Development Corporation (MIDC) will be the nodal agency for the successful release of the Maha Jobs portal.
The portal is a mutual venture between 3 Departments of the Maharashtra State Government viz. Labour, Department of Industries, and the Skill Development and Entrepreneurship Department.

Sanskrit Vidhyalaya made by India in Nepal Inaugurated

July 7, 2020

Sanskrit Vidhyalaya constructed in Eastern Nepal’s Province No 1’s IIam district by India was introduced on 6th July 2020 via video conferencing.
The name of the Vidhyalaya is ‘Shree Saptmai Gurukul Sanskrit Vidhyalaya’.

MoU inked in June 2020 under Nepal-Bharat Maitri

July 7, 2020

Under the Nepal-Bharat Maitri project, on 16th June 2020, a Memorandum of Understanding (MoU) was inked between India and Nepal under which India will build a sanitation facility at the famous Pashupatinath Temple Complex in Nepal’s capital city Kathmandu.

Israel successfully started its Intelligence Satellite Ofek-16 into LEO

July 7, 2020

On 6th July 2020, from Central Israel’s Palmachim Airbase Israel has successfully released its intelligence satellite ‘Ofek-16’ into the Low Earth Orbit (LEO).
This is the 12th Satellite ejected by Israel under its Ofek group of satellites. The Ofek-16 Satellite was propelled as a payload of the rocket- Shavit 2.

India indexed 31st in INFORM Risk Index 2020 for Humanitarian crises & Disasters; Somalia tops

July 7, 2020

In accordance with the “INFORM Report 2020: Shared evidence for managing crises and disasters” delivered by research centre INFORM, operating under European Commission (EU), India has placed at 31st place with an acquaint risk of 5.4, means the risk of humanitarian crises and disasters.

India places 34th in JLL’s Global Real Estate Transparency Index

July 7, 2020

India’s Global Real Estate Transparency Index ranking has advanced by one nick to 34 on the back of regulatory reforms, better market data and green initiatives, as per property consultant JLL.

Railways, BHEL pair up for solar power generation

July 7, 2020

Indian Railway paired up with Bharat Heavy Electricals Limited (BHEL) has established a 1.7 Megawatt solar power plant at Bina, Madhya Pradesh.

Injeti Srinivas elected as the 1st Chairman of IFSCA

July 7, 2020

Retired 1983 batch Indian Administrative Service (IAS) officer from the Odisha Cadre- Injeti Srinivas has been designated as the 1st Chairman of the International Financial Services Centre Authority (IFSCA) on 6th July 2020.

Valtteri Bottas clinches Austrian Grand Prix 2020

July 7, 2020

Valtteri Bottas (Mercedes-Finland) has clinched the Austrian Grand Prix 2020. This was the first race of 2020 Formula One season and was organized on 5th July 2020.

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