Daily News

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India lifts 2018 Intercontinental Cup

India beat Kenya 2-0 to win the four-nation Intercontinental Cup.

Sunil Chhetri finished as the top scorer with eight goals.

Did you Know

The 2018 Intercontinental Cup is a 4-team association football tournament held at the Mumbai Football Arena.
The teams that participated in the tournament were India, Chinese Taipei, New Zealand and Kenya.

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Mauritius to host the 11th World Hindi Conference

The upcoming 11th World Hindi Conference will take place in Mauritius.

The conference will cover both classical and modern elements of Hindi.

The 10th World Hindi Conference was held in Bhopal, India in 2015.

Did you Know

The World Hindi Conference is a major event organised every three years by the External Affairs Ministry.
The World Hindi Secretariat (WHS) supported by India is located in Mauritius.

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Qingdao declaration condemns all forms of terrorism

The Qingdao declaration said the Shanghai Cooperation Organisation would work to stop the spread of terrorist ideology and eliminate factors and conditions that facilitated terrorism and extremism.

The Shanghai Cooperation Organisation summit was held in Qingdao, China.

The SCO leaders also adopted a Joint Appeal to Youth, in which they asked them not to get influenced by extremist ideologies.

Did you Know

The Shanghai Cooperation Organisation, or Shanghai Pact, is a Eurasian political, economic, and security organisation.
SCO members are China, Russia, India, Pakistan, Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan.
The Organization is headquartered in Beijing, China.

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PSU banks suffer Rs 87,000 crore loss in FY18

19 of 21 government-run banks collectively posted a net loss of Rs 87,357 crore during the fiscal.

The net loss posted by state-owned banks was about Rs 85,370 crore in 2017-18 as against a net profit of Rs 473.72 crore in the previous fiscal.

Only two banks, Indian Bank and Vijaya Bank, posted profits during 2017-18. Indian Bank posted the highest profit of Rs 1,258.99 crore and Vijaya Bank's profit was Rs 727.02 crore in the fiscal.

Punjab National Bank posted a net loss of Rs 12,282.82 crore last fiscal.

Did you Know

Indian Bank is headquartered in Chennai, Tamil Nadu.
Managing Director & Chief Executive Officer of Indian Bank- Kishor Kharat
Vijaya Bank is headquartered in Bengaluru, Karnataka
Managing Director & Chief Executive Officer of Vijaya Bank- R A Sankara Narayanan

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IRCTC installs tablet-operated food vending machine

IRCTC has set up a tablet-operated food vending machine on the newly unveiled Coimbatore-Bengaluru UDAY (Utkrisht Double Decker Air-Conditioned Yatri) Express.

An order can be placed over a tablet linked to the vending machine after making the payment in cash.

Did you Know

Other features of the UDAY Express include a Wi-Fi enabled infotainment system, GPS-based passenger information system and exclusive dining area for passengers.

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Rafael Nadal lifts the 11th French Open title

Rafael Nadal claimed an 11th French Open title by defeating Dominic Thiem.

Nadal joins Australia’s Margaret Court as the only player to win 11 titles at the same Major.

This is also Nadal’s record at Roland Garros to 86 wins and just two losses.

Did you Know

The French Open, officially called Roland-Garros, is a major tennis tournament held over two weeks between late May and early June at the Stade Roland-Garros in Paris, France.
The venue is named after the French aviator Roland Garros.

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Cash with public at record high

As per RBI data, the currency with the public has reached a record high of over Rs 18.5 lakh crore.

The total currency put in circulation by the Reserve Bank has also more than doubled to over Rs 19.3 lakh crore, from a low of about Rs 8.9 lakh crore post-demonetisation.

Prior to demonetisation, the currency with the public stood at about Rs 17 lakh crore.

Did you Know

The RBI publishes the figures for currency in circulation on a weekly basis, while the currency with the public comes out every fortnight.

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Bangladesh lifts Women's T20 Asia Cup

Bangladesh beat six-time champions India for their maiden Asia Cup title.

The 2018 Women's Twenty20 Asia Cup was the seventh edition of the ACC Women's Asia Cup, held in Malaysia.

The tournament was contested between Bangladesh, India, Malaysia, Pakistan, Sri Lanka and Thailand.

Did you Know

Harmanpreet Kaur was declared Player of the series.

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Violence cost the Indian economy- IEP report

As per the report prepared by the Institute for Economics and Peace (IEP), violence cost the Indian economy about USD 1.19 trillion, (over Rs 80 trillion) last year in constant purchasing power parity (PPP) terms, which amounts to roughly USD 595.4 per person.

It is 9 per cent of the country's gross domestic product.

Did you Know

Syria topped the list of most affected countries by economic cost of violence as a percentage of GDP at 68 per cent, followed by Afghanistan (63 per cent), Iraq (51 per cent) in the second and third position respectively.
Switzerland is the least affected country in terms of economic cost of violence, followed by Indonesia and Burkina Faso.

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Kim Jong Un- Donald Trump meet in Singapore

A historic summit between US President Donald Trump and North Korean leader Kim Jong Un is set to take place in Singapore.

Since the 1950-53 Korean War, leaders of North Korea and the United States have never met previously - or even spoken on the telephone.

Did you Know

Singapore capital- Singapore city
Singapore Currency- ‎Singapore dollar
Prime Minister of Singapore- Lee Hsien Loong