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Shrikant Madhav Vaidya appointed as IOC Chairman

July 2, 2020
Shrikant Madhav Vaidya
  • Shrikant Madhav Vaidya on 2nd July appointed as the new chairman of Indian Oil Corporation (IOC). Prior to this, Vaidya was working as the Director (Refineries) on the IOC Board, since October 2019.

Kritika Pandey gets 2020 Commonwealth Short Story Prize

July 2, 2020
Kritika Pandey
  • Kritika Pandey has got the 2020 Commonwealth Short Story Prize. The 29-year-old got the coveted recognition for her short story, The Great Indian Tee and Snakes, which moves around an unlikely friendship struck at the background of a tea stall.

Pulitzer awardee Siddhartha Mukherjee, Prof Raj Chetty wins ‘2020 Great Immigrants’

July 2, 2020
Pulitzer awardee Siddhartha Mukherjee, Prof Raj Chetty wins ‘2020 Great Immigrants’
  • Pulitzer Prize-winning author and oncologist Siddhartha Mukherjee and Professor of Economics at Harvard University Raj Chetty have been nominated by the Carnegie Corporation of New York as ‘2020 Great Immigrants’ honourees.

MoD confirms 33 new fighter jets for IAF in deals worth ₹38,900 crore

July 2, 2020
Fighter jet
  • Defence Acquisition Council (DAC), led by Defence Minister Rajnath Singh, on 2nd July confirmed deals worth ₹38,900 crore. This includes the procurement of 21 MiG-29 fighter jets for the Indian Air Force (IAF), advance of 59 of them and acquirement of 12 Su-30 MKI planes.

West Indies cricket legend Everton Weekes passes away

July 2, 2020
Everton Weekes
  • Famous West Indies batsman Sir Everton Weekes has passed away at the age of 95. Weekes, who scored 4,455 runs at an average of 58.61 in 48 Tests, is the only man to make centuries in five back-to-back Test innings

Govt announces whole Nagaland ‘Disturbed Area’ for 6 more months under AFSPA Act 1958

July 3, 2020
Army
  • Under the Armed Forces Special Powers Act (AFSPA) 1958, the entire Nagaland state has been announced a “disturbed area” for a further period of six months, till December 2020. The AFSPA has been operating upon in Nagaland for around six decades.

Modi govt plays first move to privatize Railways, invites private players to run 151 trains

July 3, 2020
railways
  • In a notable push to privatization in the Indian Railways, Railways Board chairman VK Yadav stated that by 2023, about 5 percent of traveler train operations will be carried out by the private players, so as to start a jump towards technological advancements and enhanced speeds in the Railway operations.

Odisha Govt decides to expand green cover under ‘Sabuja Odisha’ over 1.30 lakh hectares

July 3, 2020
Plantation
  • The Odisha Government on 1st June decided to implement a new scheme ‘Sabuja Odisha’ to enhance green cover through widespread plantation over 1,30,264 Hectares of land.

Intel Capital invests Rs 1894.50 crore in Jio Platforms

July 3, 2020
Jio
  • Reliance Industries has verified that Intel Capital has done an investment of Rs 1,894.50 crore in Jio Platforms. This investment turns into a 0.39% equity stake in Jio Platforms, with an equity value of Rs 4.91 lakh crore and an enterprise cost of Rs 5.16 lakh crore.

World Bank intensifies aid for rejuvenating Ganga, sanctions USD 400 mn

July 3, 2020
World Bank
  • The World Bank on 1st July said it has intensified its assistance for the Government of India’s program to rejuvenate the Ganga river with a USD 400 million (about Rs 3,000 crore) assistance that will support stem pollution in the river.

IRDAI makes group to find space for selling Surety Bonds led by G. Srinivasan

July 3, 2020
IRDAI
  • The Insurance Regulatory and Development Authority of India (IRDAI) has formed a nine-member working committee to see at the chance of Indian non-life insurers offering Surety Bond to contractors.

Chola MS General Insurance designated V Suryanarayanan as new MD

July 3, 2020
V Suryanarayanan

Cholamandalam MS General Insurance Company on 1st July declared the selection of V Suryanarayanan as its new Managing Director with effect from July 1.  Suryanarayanan replaces S S Gopalarathnam.

Two agricultural specialists from India selected by UN chief to a scientific group for 2021 food summit

July 3, 2020
Prof. Rattan Lal of Ohio State University and Dr. Uma Lele of the International Association of Agricultural Economists (IAAE)
  • Two agricultural specialists, Prof. Rattan Lal of Ohio State University and Dr. Uma Lele of the International Association of Agricultural Economists (IAAE), honoring from India have been nominated members of an international scientific group, planned to provide foremost scientific evidence for sustainable food systems, formed by UN chief Antonio Guterres ahead of a global food summit next year.

A book named “The Future of Higher Education” published by M Venkaiah Naidu

July 3, 2020
The Future of Higher Education
  • Vice President of India, M Venkaiah Naidu has virtually published a book named “Future of Higher Education-Nine Mega Trends“. The book is written by CA V Pattabhi Ram. The Virtual event was hosted by ICT Academy. The book is focused on a review of about 5000 educators all over India who were part of ICT Academy’s “SkyCampus” Digital Knowledge Series.

July 2 is observed as World Sports Journalists Day 2020

July 3, 2020
World Sports Journalists Day
  • Annually July 02 is observed as World Sports Journalists Day or International Sports Journalists Day. It is to recognize the sports journalists and also mark the anniversary of the International Sports Press Association (AIPS). The association was formed in 1924 during the Summer Olympics in Paris.

Saroj Khan, choreographer of famous Bollywood numbers, passes away at 71

July 3, 2020
Saroj Khan
  • Famous choreographer Saroj Khan passed away of a cardiac arrest in a Mumbai hospital on 3rd June. She was 71 years old.

KKR to purchase 54% Stake in JB Chemicals and Pharmaceuticals

July 4, 2020
Tablets
  • Global financing firm Kohlberg Kravis Roberts (KKR) will purchase a 54% equity stake in JB Chemicals and Pharmaceuticals, a Mumbai based pharmaceutical major for Rs 3,109 crore.

First Saturday of July (4th July 2020) is observed as International Day of Cooperatives

July 4, 2020
International Day of Cooperatives
  • In the year 2020, the International Day of Cooperatives is observed on 4th July with a plan on the contribution of cooperatives to fighting climate change and to spread awareness of cooperatives.
  • Theme: ‘Cooperatives for Climate Action’

Union HRD Minister and Union Health Minister started Drug Discovery Hackathon 2020 (DDH2020)

July 4, 2020
Drug Discovery Hackathon 2020
  • Shri Ramesh Pokhriyal ‘Nishank’, the Union Minister of HRD(Human Resource Development) and Dr. Harsh Vardhan, Union Minister for Health and Family Welfare and Minister of Science and Technology started the Drug Discovery Hackathon (DDH2020)  to recognize drug applicants against SARS-CoV-2 by in-silico drug discovery and follow up by chemical synthesis and biological testing

Freya Thakral, Delhi School Girl named among 2020’s Diana Award roll of Honours

July 4, 2020
  • On 1st July 2020, 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 generous work towards the ragpickers of Delhi. She prepared a mobile application and began a door to door recycling business to help the financial difficulties faced by the ragpickers.

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