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Shyam Srinivasan reappointed as Federal Bank MD & CEO

Reserve Bank of India (RBI) has approved the reappointment of Shyam Srinivasan as the MD & CEO of the Federal Bank.

SBI Cards appointed Ashwini Kumar Tewari as its new MD & CEO.

  • SBI Cards and Payment Services has appointed Ashwini Kumar Tewari as its new Managing Director and chief executive officer.
  • The new appointment will be valid for two years and his appointment will come into effect from August 1, 2020.
  • He was nominated by parent State Bank of India for this position.

SAP India appointed Kulmeet Bawa as new India MD

  • German software company SAP has appointed Kulmeet Bawa as president and managing director for its Indian operations from this month.
  • He replaces the incumbent Deb Deep Sengupta who will take up a new assignment within the organization.

Lewis Hamilton wins Hungarian Grand Prix 2020

Lewis Hamilton
  • Lewis Hamilton (Mercedes’ – Great Britain) won the 2020 Formula 1 Hungarian Grand Prix held on 19 July 2020.
  • This is his straight second win of the season.
  • Hungarian Grand Prix 2020 was the third race of the 2020 Formula One World Championship.
  • Max Verstappen (Dutch-Red Bull) was second, followed by Valtteri Bottas (Mercedes- Finland) at third spot.

Andre Schurrle, German World Cup winner retires from football

  • Former Chelsea star and Borussia Dortmund forward Andre Schurrle has announced his retirement from football at the age of 29 after terminating his contract with Borussia Dortmund.
  • Andre Schürrle has ended his career in which he made 207 Bundesliga appearances, 68 in the English Premier League, and won the World Cup with Germany.

20th July observed as International Chess Day

  • International Chess Day is celebrated annually on July 20, since 1966.
  • It was on this day that the International Chess Federation (FIDE) was founded, in 1924.
  • FIDE’s motto for 2020 celebrations is, “Teach someone how to play chess.”
  • The International Chess Federation and the United Nations will be organizing an online event this year called ‘Chess for Recovering Better’ due to the pandemic.

“Navin Rojgar Chhatri Yojana” started by Uttar Pradesh

  • Navin Rojgar Chhatri Yojana” for all-round development of the Scheduled Castes is launched by the CM of Uttar Pradesh, Yogi Adityanath.
  • He provided financial assistance of 17.42 crore online to 3,484 people under the ‘Pandit Deendayal Upadhyay Swarojgar Yojana’ and interacted with some beneficiaries from Rae Bareli, Gorakhpur, Basti, Meerut, Azamgarh, and Moradabad districts through video conferencing.

The United Arab Emirates (UAE) has launched its first mission to Mars

  • The United Arab Emirates (UAE) has launched its first mission to Mars on 20th July 2020. The UAE is striving to develop its scientific and technological capabilities and move away from its dependence on oil.
  • The Hope Probe was launched from Japan’s Tanegashima Space Center on 20 July for a seven-month journey to Mars. The satellite will orbit around Mars and send back data about the atmosphere.
  • The total cost of the Emirates Mars Mission is $200 million.

Civil Rights Veteran Rev. C.T. Vivian Dead at 95

  • The Rev. Cordy Tindell Vivian, a civil rights veteran passed away at an age of 95.
  • He has served as head of the organization co-founded by the civil rights icon.

Bollywood Filmmaker Rajat Mukherjee passes away

  • Bollywood director Rajat Mukherjee passed away.
  • He was known for directing films like Pyaar Tune Kya Kiya was released in 2001 and Road starring Vivek Oberoi and Antara Mali, had released in 2002

PM SVANidhi app launched to provide micro-credit facility for street vendors at their door steps

PM Svanidhi Scheme
  • A mobile Application of Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) was virtually launched by Durga Shanker Mishra, Secretary, Ministry of Housing and Urban Affairs (MoHUA) from New Delhi, in order to bring paper-less Microcredit facility for street vendors at their doorsteps and also to give force to the implementation strategy of the Scheme.
  • The aim of the app is to ease the sourcing and processing of loan applications of street vendors under the Scheme by providing a user-friendly digital interface for Lending Institutions (LIs) and their field functionaries like Banking Correspondents (BCs) and Agents of Non-Banking Financial Companies (NBFCs)/ Micro-Finance Institutions (MFIs).

NABL has granted accreditation to CIPET, certification of PPE kits

  • On 18th July, the central government announced that the Central Institute of Petrochemicals Engineering and Technology’s (CIPET) unit in Bhubaneshwar, Odisha has received NABL accreditation to test and certify Personal Protective Equipment (PPE) kit.
  • PPE kit includes coverall, masks, face shields and goggles, and the triple-layer medical masks.

BlackRock, a new Android malware has been discovered

  • New Android malware has been discovered that steals data such as credit card details, password from 337 applications.
  • The malware is being distributed using fake Google update packages offered on third party websites.
  • The malware is based on the leaked source code of another malware Xerxes. Again, Xerxes is based on the strains of other malwares.
  • The Malware asks for credit card details and login credentials before the user enters the app. It asks for the phone’s accessibility feature. It then uses Android DPC to access the admin.

India’s first Charging Plaza inaugurated in New Delhi

  • The Minister of Power, New and Renewable Energy Shri R K Singh inaugurated first public Electric Vehicle charging plaza at Chelmsford club in New Delhi.
  • Along with the charging plaza, the minister also inaugurated RAISE. RAISE is Retrofit of Air-conditioning to improve Indoor Air Quality for Safety and Efficiency (RAISE). It is a joint initiative of EESL and the United States Agency for International Development (USAID).
  • The charging Plaza was established by EESL (Energy Efficiency Services Limited) and NDMC (New Delhi Municipal Council).

“Manodarpan” initiative to be launched by the HRD Ministry

  • Ministry of Human Resources and Development will launch “Manodarpan” initiative under Atam Nirbhar Bharat Abhiyan.
  • The initiative is being launched to provide psychosocial support to the students for their mental well-being.
  • The Ministry of Human Resources and Development believes that it is essential to provide focus on the mental health of the students along with academic importance.

Ghar Ghar Ration Yojna started by Delhi Govt.

arvind kejriwal
  • Delhi government has approved Mukhyamantri Ghar Ghar Ration Yojna for door step delivery of ration in the state.
  • Under this scheme, poor and needy in the national capital will be delivered packets of wheat flour, rice and sugar at their doorstep.
  • This scheme is expected to be operational in the next 6 to 7 months.

Indian Railways to launch 1st set of private trains by 2023.

Indian Railways
  • According to the initial timeline of Indian railways to launch 151 private trains by 2027, the first set of 12 private trains will start operation in 2023 followed by 45 more trains that will be in service next year.
  • In a formal kick-start to its plans to allow private entities to operate passenger trains on its network. The project would require a private sector investment of about ₹30,000 crores.

GoI partners with UNICEF to achieve AtamNirbhar Bharat

UNICEF
  • GoI partners with UNICEF to achieve Atam Nirbhar Bharat by strengthening the youth volunteers in the country.
  • The GoI has signed a statement with YuWaah of UNICEF to support young people in entrepreneurship, upskill young people, promote change and to provide career guidance support to young people.

P Praveen Siddharth elected as the new PS to President of India

  • A 2001 batch Indian Revenue Service Income Tax cadre officer, P. Praveen Siddharth, has been appointed Private Secretary to President Ram Nath Kovind.
  • Mr. Siddharth has replaced Vikram Singh, who has now been appointed Joint Secretary in the Ministry of Shipping.
  • Mr. Siddharth is already serving as Officer on Special Duty (OSD) in the President’s Secretariat.

“The Endgame”- authored by S Hussain Zaidi released

  • Crime writer, S Hussain Zaidi has penned a new novel “The Endgame” which talks of politics, betrayal, and unimaginable terror.
  • The book has been published by HarperCollins India.