Category: All Current Affairs

July 2 is observed as World Sports Journalists Day 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.

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

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.

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

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.

Chola MS General Insurance designated V Suryanarayanan as new MD

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.

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

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.

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

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.

Intel Capital invests Rs 1894.50 crore in Jio Platforms

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.

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

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.

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

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.

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

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.