Cabinet gave approval to Agriculture Infrastructure Fund. It is to provide a medium-long term debt financing facility for investment in viable projects for post-harvest management Infra & community farming assets via interest subvention & financial support
Total outflow as budgetary support from GoI is Rs10736 crore.
USA formally notified UN of its decision to withdraw the US from the WHO, breaking off ties with the global health body amidst the raging coronavirus pandemic. The US is the single largest contributor to the WHO, providing over USD 450 million per annum.
China's contribution is about USD 40 million, 0ne-tenth of US.
Sri Lanka & Maldives became the first two countries in the World Health Organisation's South-East Asia region to eliminate measles & rubella ahead of 2023 target. Since 2017, nearly 500 million children in the region have been vaccinated for the diseases.
Bhutan,East Timor &North Korea succeeded in eliminating measles.
The India Global Week 2020 is a 3-day virtual conference, being held from July 9 to July 11, themed 'Be The Revival: India and a Better New World' will have 5000 global participants from 30 nations being addressed by 250 global speakers across 75 sessions.
It is being organised in the United Kingdom.
Maharashtra CM e-inaugurated Asia’s largest certified tier IV data centre near Mumbai. The Yotta NM1 data centre building, is the largest of its kind in India, as well as the second-largest in the world. The private facility is owned by Hiranandani Group.
It is aimed at catering for engineering & real estate businesses
Manipur Chief Minister N. Biren Singh inaugurated five Water Supply projects, one office building of Weight and Measures Department and Rapid Antigen Detection Testing Centre through video conferencing. It was constructed at a cost of Rs 48.39 crores.
It has a total capacity of more than 26.15 million litres/day.
The Competition Commission of India (CCI) approves the proposed combination involving Eros International Plc (Eros Plc), STX Filmworks Inc (“STX”) and Marco Alliance Limited (Marco). Eros Plc also owns and operates the Over-The-Top platform ‘Eros Now’.
Chairman of CCI: Ashok Kumar Gupta.
Bharat Dynamics Limited (BDL) has signed Licence Agreement and Transfer of Technology (LAToT) with DRDO for Akash Missile Weapon System (Indian Army Variant). Bharat Dynamics Limited (BDL) is the lead integrator for Akash Weapon System (Indian Army).
BDL CMD: Siddharth Mishra.
Headquarters: Hyderabad.
With a vision to transform India into a skilled nation, the National Skill Development Corporation (NSDC) and Microsoft announced a strategic partnership aimed at providing digital skills to over 1 lakh youth in the country over the next 12 months.
Microsoft India President: Anant Maheshwari.
The US Agency for International Development (USAID) and India’s Ministry of New and Renewable Energy (MNRE) announced the launch of a new partnership to increase India- US collaboration for clean energy development. MNRE secretary: Indu Shekhar Chaturvedi.
USAID Headquarters: Washington DC, USA.
An MoU was signed between the Central Board of Direct Taxes (CBDT) & the Securities and Exchange Board of India (SEBI) for data exchange between the organizations. It will facilitate the sharing of data and information on an automatic and regular basis.
Central Board of Direct Taxes: Pramod Chandra Mody.
IIT Alumni Council signed an agreement with the CSIR Institute of Genomics and Integrative Biology to jointly conduct research on COVID-19 and patient data analysis. The first phase, with a capacity to carry out 10 lakh tests, will be ready by end of July.
IIT Alumni Council President - Ravi Sharma.
Govt appointed corporate affairs secretary, Rajesh Verma, as the chairman of the Investor Education and Protection Fund Authority (IEPFA) replacing Injeti Srinivas. The post of the chairman of the IEPFA is held by whoever is the current MCA secretary.
The IEPFA was established in September 2016.
M K Saggar will take over as the executive director (ED) in charge of Reserve Bank of India's monetary policy department, after the retirement of Janak Raj. He will also be included in the 6-member Monetary Policy Committee as an internal RBI member.
The Central Bank has 12 Executive Directors.
Luxury Ride, chain of used, multi-brand luxury car showrooms, signed singer Sukhbir Singh as brand ambassador. With this, he will be seen in a full-fledged marketing campaign across the upcoming brand and product communication initiatives by Luxury Ride.
Luxury Ride Headquarters: New Delhi.
MD: Sumit Garg.
Cabinet approved a capital infusion of Rs 12,450 cr in 3 public sector general insurance companies: Oriental Insurance Co, National Insurance Co & United India Insurance Co. It also extended the Employees' Provident Fund contribution of 24% up to August.
Present Cabinet Secretary of India: Rajiv Gauba.
Pune-based Mylab Discovery Solutions launched a machine 'Compact XL' to automate the manual processes of molecular diagnostic tests, including RT-PCR tests for COVID-19. It is a cartridge-based machine and can test multiple samples at one time.
Managing Director of Mylab: Hasmukh Rawal.
A new species of fan-throated lizard has been described from the barren lands of Karnataka’s Bagalkot district. The new species is named ‘Sitana dharwarensis’ – derived from the Dharwar craton – a piece of Earth’s crust dating back to 2-3 million years ago
Governor of Karnataka – Vajubhai Vala.
Karur Vysya Bank (KVB), an old private sector bank has signed up a corporate agency partnership with Bajaj Allianz to offer life insurance solutions to its customers. Under this, KVB will market all retail and group products of Bajaj Allianz.
Bajaj Allianz Life Insurance Headquarters: Pune, Maharashtra.
In the midst of the rising tensions between India and China, a novel that tells the tale of the Indo-Chinese battle of Nuranang in 1962 has been making headlines in Indian publishing industry. It is authored by AK Srikumar along with his wife Rupa Srikumar
‘Mahaveer: The Soldier who never died’ is a patriotic story.
Larsen & Toubro (L&T) Infrastructure Finance Company Ltd. (LTIF), a wholly-owned subsidiary of L&T Finance Holdings Ltd., received the first tranche of $50 million of the total $100 million ECB loan from Asian Infrastructure Investment Bank (AIIB).
AIIB Chairman: Jin Liqun.
Veteran actor-comedian Jagdeep, best known for his role as Soorma Bhopali in "Sholay", died at his residence. He was 81. The actor’s real name was Syed Ishtiaq Ahmed Jafri. He was the last of the comic icons alongside Johnny Walker & Mehmood.
He started his cinema journey in 1951 with the film ‘Afsana’.