Daily News

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IIT Madras launches world's first online BSc degree in Programming and Data Science

IIT Madras launched an online BSc degree course on Programming & Data Science which is the world’s first such programme. The Programming and Data Science course was launched by HRD Min. Ramesh Pokhriyal. Data Science is one of the fastest-growing sectors.

Did you Know

Anil Sahasrabuddhe, Chairman, AICTE.

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RBI launches inflation expectations survey

The Reserve Bank of India has launched the inflation expectations survey of households and responses of the participants will be gathered over ttelephone in view of the coronavirus pandemic. The results of the survey are used as inputs for monetary policy.

Did you Know

Hansa Research Group, Mumbai -engaged to conduct the survey.

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DST-SERB in collaboration with INSA launches photo & film competition with the theme "Science through My Eyes"

Indian National Science Academy (INSA) and Science & Engineering Research Board (SERB) is organizing a photo/painting and a one-minute-film competition.The competition is open to Indian nationals only. There is no entry fee. Entries will be under 3 groups.

Did you Know

Prof Ashutosh Sharma, Secretary, DST.

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UM Giriraj Singh launches the 1st edition of the Fisheries and Aquaculture Newsletter "Matsya Sampada"

Giriraj Singh launched the first edition of the Fisheries and Aquaculture Newsletter "MATSYA SAMPADA" published by the Department of Fisheries, Ministry for Fisheries, Animal Husbandry and Dairying and the Operational Guidelines of the PMMSY.

Did you Know

Pradhan Mantri Matsya Sampada Yojana (PMMSY).

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NADA app launched to help athletes stay updated on banned substances

National Anti-Doping Agency (NADA) launched its first mobile application. It is meant to eliminate the gap between itself and the athletes by providing easily-accessible information on various aspects of sport, prohibited substances and dope-testing.

Did you Know

The application was launched by Sports Minister Kiren Rijiju.

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PM announces extension of Pradhan Mantri Garib Kalyan Ann Yojana till November

PM Modi announced the extension of Pradhan Mantri Garib Kalyan Ann Yojana till the end of Nov. 2020.During this 5-month period, more than 80 crore people will be provided 5 kg free wheat/rice per month along with 1 kg free whole chana to each family/month.

Did you Know

PMGKAY is a Rs 1.7-lakh crore financial package.

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MoU signed between Indianoil, NTPC Ltd, and SDMC for Waste to Energy plant in Delhi

Under the MoU, The Waste-to-energy Plant at Okhla landfill site will process 17500 tons per annum of Refuse Derived Fuel (RDF) produced from combustible components of Municipal Waste to generate syngas which shall, in turn, be used to generate electricity.

Did you Know

Anil Baijal, Lt. Governor of Delhi.

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Loans worth more than Rs 1 lakh crore sanctioned under ECLGS

Under the 100 % Emergency Credit Line Guarantee Scheme (ECLGS) backed by a Government guarantee , Banks from Public & Private Sectors have sanctioned loans worth over Rs. 1 lakh crore. The top lenders under the Scheme are SBI, BoB, PNB, Canara Bank & HDFC.

Did you Know

PSBs have sanctioned loans of Rs 57,525.47 crore.

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RBI releases India's International Investment Position data

RBI released data relating to India's International Investment Position as it stood at the end of March 2020. The ratio of overseas financial assets to India's GDP in 2019-20 (at current market prices) moved up to 26.5 per cent in March 2020.

Did you Know

The ratio of net IIP to GDP also improved to (-) 14 percent.

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HDFC Bank rolls out e-Kisaan Dhan app for farmers

HDFC Bank has launched e-Kisaan Dhan application to address information and knowledge gap for farmers in the agriculture space and rural ecosystem. Farmers can access a suite of agricultural and banking services on their mobile applications.

Did you Know

HDFC Bank's first corporate borrower was Siemens.

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Swiggy launches Digital Wallet in tie-up with ICICI Bank

Swiggy has launched its digital wallet in partnership with ICICI Bank, which will allow customers to store money to be used for orders on the platform. The digital wallet named ‘Swiggy Money’, will provide users with a single-click checkout experience.

Did you Know

Swiggy CEO- Sriharsha Majety.

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Salma Lakhani appointed Lieutenant Governor of Alberta, first Muslim in Canada to hold post

Salma Lakhani made history upon her appointment as the Lieutenant Governor of the province of Alberta, the 1st-ever Muslim with roots in the Indian subcontinent to occupy the post in Canada.A Lt Governor in Canada is the equivalent of a Governor in India.

Did you Know

Canadian Prime Minister Justin Trudeau.

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Nitin Menon becomes third Indian umpire to be inducted in ICC Elite Panel

India's Nitin Menon has been included in the International Cricket Council's Elite Panel of Umpires for the upcoming 2020-21 season, replacing England's Nigel Llong. He has officiated in three Tests, 24 ODIs and 16 T20Is.

Did you Know

Srinivas Venkatraghavan & Sundaram Ravi- previous inductees.

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National Doctor's Day : July 1

India celebrates July 1 as 'National Doctor's Day' commemorating the iconic and internationally renowned medical practitioner, Dr Bidhan Chandra Roy who served as a physician, a freedom fighter, an educationist and a politician.

Did you Know

India honoured Dr Roy with a Bharat Ratna in 1961.

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1 July: National Charted Accountants Day

CA Day is noted on July 1 to honour the finding of the Institute of Chartered Accountants of India by the Indian parliament in 1949. ICAI is India’s professional accounting body. Day theme- ‘Transforming the Future: Enabling Excellence, Augmenting Trust’.

Did you Know

ICAI is the 2nd biggest accounting organization in the world.

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3rd GST Day is observed on 1st of July

On 1st July 2018, India celebrated the 1st Anniversary of the Goods and Services Tax as GST day. The GST was launched at midnight on 1 July 2017 by the President of India by a historic midnight (30 June – 1 July) session of both the houses of parliament.

Did you Know

The types of GST in India are CGST, SGST and IGST.

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Amendments in Indian Stamp Act, 1899 to come into effect from 1st July 2020

Amendments in the Indian Stamp Act brought through Finance Act 2019 & Rules made thereunder will come into effect from 1 July. It enables states to collect stamp duty on securities market instruments at one place by one agency through one Instrument.

Did you Know

Stamp duty- Tax levied on single property purchase/ documents.

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Former Delhi cricketer Sanjay Dobal passes away aged 53

Former Delhi cricketer Sanjay Dobal, who tested COVID-19 positive, passed away at the age of 53 after suffering a cardiac arrest. Coached by the renowned Tarak Sinha, Dobal used to play for the prestigious Sonnet Cricket Club.

Did you Know

Dobal took up the responsibility of coaching junior cricketers.

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Sanjay Dwivedi appointed Director General of IIMC

Sanjay Dwivedi was o appointed the director general of the Indian Institute of Mass Communication in New Delhi. At present, Dwivedi is the registrar of Makhanlal Chaturvedi National University of Journalism and Communication in Bhopal.

Did you Know

IIMC is under the Ministry of Information and Broadcasting.

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MV Shreyams Kumar appointed member of PTI board of directors

The Press Trust of India Ltd (PTI) has appointed Mathrubhumi Managing Director M V Shreyams Kumar as a new member of its board of directors. The appointment has come into effect from June 5. Shreyams Kumar is also the Central Executive Committee member.

Did you Know

PTI headquartered in Delhi is the largest news agency in India.

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NAFTA 2.0 comes into effect from 1st July 2020

A new free trade agreement between the United States, Mexico, and Canada comes into effect from 1st July 2020 onwards. It replaced the earlier 26 years old free trade agreement between the three countries- North America Free Trade Agreement (NAFTA).

Did you Know

The new agreement was signed in November 2018.

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India’s AI-enabled MyGov Corona Helpdesk bagged two awards at CogX 2020

AI-enabled MyGov Corona Helpdesk bagged 2 awards under categories Best Innovation for Covid-19 -Society & People’s Choice Covid-19 Overall Winner, at the recently held CogX 2020, which is a Global Leadership Summit & Festival of AI & Emerging Technology.

Did you Know

Technical Partner JioHaptik Technologies won the awards.

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India, Japan Hold PASSEX Naval Exercise to promote understanding in Indian Ocean

Amid the ongoing standoff between India and China at the Line of Actual Control (LAC) in Ladakh, the warships of Indian and Japanese held PASSEX (Passing Exercise) exercise towards the Malacca strait in the Indian Ocean Region (IOR).

Did you Know

Dharma Guardian is the joint military Exercise of India & Japan.

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NITI Aayog releases ‘Towards a Clean Energy Economy’ report

NITI Aayog & RMI released Towards a Clean Energy Economy: Post-Covid-19 Opportunities for India's Energy and Mobility Sectors report, which advocates for recovery efforts that work towards building a clean, resilient, & least-cost energy future for India.

Did you Know

Rocky Mountain Institute is headquartered in New Delhi.

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Government to release commemorative stamp on former PM PV Narasimha Rao

The Modi government has decided to release a commemorative stamp to honour late former prime minister PV Narasimha Rao. Rao had been the PM from 1991 to 1996. The decision comes a day after celebrating his 100th birth anniversary on June 28, 2020.

Did you Know

He is regarded as the ‘Father of Indian Economic Reforms’.

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Fitch slashes India's growth projection from 9.5% to 8% for FY22

Fitch Ratings Inc in its Global Economic Outlook (GEO), has lowered India’s growth forecast for FY 2021-22 to 8% from 9.5 % projected in May 2020 due to the toughest lockdown imposed by the central government to prevent the outbreak of Coronavirus.

Did you Know

Fitch Ratings Headquarters- New York, President- Ian Linnell.

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Union Bank of India CEO Rajkiran Rai gets 2-year extension

The government has granted Union Bank of India’s MD & CEO Rajkiran Rai a two-year extension amid the bank’s ongoing merger. His term which was to end on June 30, 2020 has now been extended till May 31, 2022, or until further orders, whichever is earlier.

Did you Know

Headquarters of UBI- Mumbai.