Daily News

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Music Composer Ilaiyaraaja, Athlete P.T Usha, Philanthropist V Heggade & Screen writer V V Prasad Nominated To Rajya Sabha

Representation of south Indian states in the Rajya Sabha gets a boost with Tamil Nadu‘s Illayaraja, Karnataka’s Veerendra Heggade, Andhra Pradesh‘s V Vijayendra Prasad and Kerala’s P T Usha being nominated.

The Rajya Sabha should consist of no more than 250 members—238 members representing the States and Union Territories and 12 members nominated by the President.

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Smriti Irani Appointed Minority Affairs Minister after Mukhtar Abbas Naqvi Resigns, Jyotiraditya ScIndia Assigned Steel Ministry

Smriti Irani would be heading the minority affairs ministry in addition to her existing charge as the union minister for women and child welfare.

Union Civil Aviation Minister Jyotiraditya Scindia has been assigned the Ministry of Steel.

Union Steel Minister and Janata Dal (United) leader Ram Chandra Prakash Singh also resigned a day before his term was set to expire.

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PM Narendra Modi inaugurated the Golden Jubilee celebrations of the Agradoot group of newspapers in Assam

PM Modi inaugurated the Golden Jubilee celebrations of the Agradoot group of newspapers.

Agradoot was started as an Assamese bi-weekly. It was established by Kanak Sen Deka, a senior journalist of Assam.

In 1995, Dainik Agradoot, a daily newspaper, was started and it has developed as a trusted and influential voice of Assam.

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EAM S Jaishankar to participate in G-20 Foreign Ministers’ meeting at Bali in Indonesia on 7th and 8th July

External Affairs Minister Dr. S. Jaishankar will visit Bali in Indonesia on 7th and 8th of this month to participate in the G20 Foreign Ministers’ meeting.

During his visit, Dr. Jaishankar is expected to hold several bilateral meetings with his counterparts from other G20 member states and invited countries.

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Revenue deficit grant of Rs 7,183 cr released to 14 states: FinMin

Finance ministry released the fourth instalment of revenue deficit grant of Rs 7,183 crore to 14 states for the current fiscal.

The 15th Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of Rs 86,201 crore to 14 states for the financial year 2022-23. The grant is released in 12 equated monthly instalments.

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Delhi to host India’s biggest shopping festival in 2023

Delhi will host its first ever government-backed shopping festival from January 28 to February 26 in 2023, chief minister Arvind Kejriwal announced.

The festival will have 200 concerts for entertainment, food walks and will also offer huge discounts on products.

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Freedom fighter Gandhian P Gopinathan Nair dies at 100 in Kerala

Freedom fighter P. Gopinathan Nair passed away at the age of 100.

P Gopinathan Nair was known for following Gandhian ideology in his life and was honoured with the Padma Shri award in 2016. He had participated in the freedom struggle.

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RBI selects Hansa Research Group to conduct field work for inflation expectation survey

RBI has decided to engage Mumbai-based Hansa Research Group to conduct field work for the July 2022 round of the consumer confidence survey (CCS) and inflation expectation survey of households (IESH).

The results of these surveys conducted in 19 cities provide useful inputs for monetary policy.

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National Write-Shop on 'Roadmap and Plan of Action on Localisation of SDGs in Panchayati Raj Institutions'

Union Minister of State for Panchayati Raj, Kapil Moreshwar Patil inaugurated a three-day National Write-Shop on ‘Roadmap and Plan of Action on Localisation of Sustainable Development Goals in Panchayati Raj Institutions’ in New Delhi.

The agenda of the Writeshop is to prepare the Roadmap and Draft Plan of Action on Localization of SDGs in PRIs.

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Ministry of Panchayati Raj organised the three-day writeshop.

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Union Minister Parshottam Rupala inaugurates India’s first ever Animal Health Summit

Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry and Dairying inaugurated First India Animal Health Summit 2022.

‘India Animal Health Summit 2022’ organized by Indian Chamber of Food and Agriculture (ICFA) and the Agriculture Today Group was held at NASC Complex, New Delhi.

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Union Agriculture Minister Inaugurates The Joint Conference Of ICRIER And NSE

Union Agriculture and Farmers Welfare Minister Narendra Singh Tomar virtually inaugurated the joint conference of the Indian Council for Research on International Economic Relations (ICRIER) and National Stock Exchange (NSE) from Gwalior.

The conference on “Getting Agricultural Markets Right” has been organized jointly by ICRIER and NSE.

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ICRIER Chairman: Pramod Bhasin;
NSE MD and CEO: Vikram Limaye

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SBI General Insurance launches Cyber VaultEdge insurance plan

SBI General has launched the Cyber VaultEdge insurance plan,a comprehensive cyber insurance cover for individuals that provides protection against financial losses arising from cyber risks & attacks.

Individuals exposed to any form of cyber risks can buy this policy for themselves and their family.

Family includes self, spouse, and 2 dependent children (up to 18 years).

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Jaipur-Delhi-Agra E-Highway to be geo fenced by NHEV with UNL Global

Jaipur-Delhi-Agra E-Highway is proposed to be geofenced so that Electric Vehicles on this route could run on a theft proof relay model, UNL Global has collaborated with NHEV to participate in this pilot for making E-Highways geo-fenced & complete it by end of this year and add an EV ready infrastructure for ever increasing numbers of E-Vehicles on this expressway.

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IIT Kharagpur’s Indigenous BLDC Motor And Smart Controller For E-Rickshaws Pushed For Commercial Production

An indigenous BLDC motor and smart controller for e-Rickshaws developed by IIT Kharagpur has been transferred to M/s Brushless Motor India Pvt Ltd. for commercial production.

Indigenously developed,the brushless DC electric motor is important for India as 90% of the components and its technology for Electric Vehicles imported are not suitable for India's conditions.

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The technology transfer was done as part of Digital India Week.

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Indian Naval Warship Satpura, P8I aircraft to take part in RIMPAC exercise

Indian Naval Warship, INS Satpura and P8I LRMRASW aircraft will take part in one of the largest multilateral naval exercises, the Rim of the Pacific exercise (RIMPAC) at Pearl Harbour in Hawaii.

The sea phase is going to begin on 12 Jul 22 and will end with the closing ceremony on 4 Aug 22.

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NTPC REL joins hands with GACL to set up India’s first commercial-scale green ammonia project

NTPC Renewable Energy Limited (NTPC REL), a fully-owned subsidiary of NTPC,signed an MoU with Gujarat Alkalies and Chemicals Limited (GACL) to collaborate in setting up India’s first commercial-scale Green Ammonia and Green Methanol projects.

GACL is a Gujarat government PSU engaged in the production of industrial chemical products.

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Pay As You Drive: IRDAI allows Tech-Enabled Concepts For Own Damage In Motor Insurance

IRDAI has granted general insurance companies permission to include add-ons in motor own-damage policies for two-wheelers and private cars called "pay as you drive," "pay how you drive," and "floater policies" for vehicles owned by the same individual owner.

These covers will be offered as add-ons to the regular Motor-Own Damage (or Motor-OD) policy.

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CCI approves acquisition of Citrix Systems by Vista and Elliott managed funds

The Competition Commission of India (CCI) has approved the acquisition of Citrix Systems Inc (Citrix) by funds managed by Vista Equity Partners Management (Vista) and funds and investment vehicles managed by Elliott Investment Management (Elliott).

Citrix is a multinational enterprise software company headquartered in Florida, United States of America.

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Vista and Elliott are US-based investment firms.

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Mangarh Hillock to be declared monument of national importance

National Monument Authority chairman Tarun Vijay submitted a report to Union Minister of State for Culture Arjun Ram Meghwal on declaring Mangarh hillock in Rajasthan as a monument of National Importance.

The hillock, situated at the Gujarat-Rajasthan border, is a site of a tribal uprising where a massacre of over 1500 Bhil tribal freedom fighters took place in 1913.

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Mangarh, the hillock in Banswara District, is also known as the Adivasi Jallianwala.

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Western Railways opens its longest skywalk connecting Mumbai’s Bandra Terminus to Khar station

The Western Railway’s (WR) longest skywalk from the Khar Road railway station to the nearby Bandra Terminus has been opened for the passengers to reach the platforms to board trains easily.

The skywalk spans 314 meters long and is 4.4 meters wide.

Skywalk will allow passengers to reach Bandra (T) directly by deboarding at Khar station & taking south Foot Over Bridge.

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Govt issues notification for compliance of fuel consumption standards, aims efficient vehicles

Government issued a notification,amending a rule of Central Motor Vehicle Rules 1989, to include compliance with fuel consumption standards (FCS), for light, medium and heavy-duty motor vehicles of various categories, manufactured in, or imported by India.

Prior to this notification, compliance with FCS was limited to motor vehicles of M1 category with weight 3.5 tonnes.

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The Ministry of Road Transport and Highways issued the notification.

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LazyPay stops BNPL payment product after RBI’s directive on PPI

LazyPay, the lending arm of PayU India, has temporarily stopped support for its buy-now-pay-later (BNPL) payment product LazyPlus UPI amid rising regulatory concerns for card-based credit fintech firms.

RBI, on June 20, barred non-bank wallets and pre-paid cards from loading their credit lines into these platforms.

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RBI liberalises norms to boost forex inflows;increases the ECB limit under the automatic route from $750 mn to $1.5 bn

RBI announced a series of steps to arrest rupee’s slide against dollar & boost foreign exchange inflows.

Measures include easing norms for FPIs in debt market,increasing External Commercial Borrowing limit under automatic route from $750 mn or its equivalent per financial year to $1.5 bn,temporarily abolishing interest-rate caps for banks to attract deposits from NRIs etc.

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Rupee has depreciated by 4.1% during the current financial year so far (upto July 5).

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Indian Scientists Develop Rapidly Charging Sodium-Ion Based Batteries And Supercapacitors Using Nano-Materials Indian Scientists

The IIT Kharagpur team has used sodium iron phosphates and sodium manganese phosphates which they synthesized to obtain Na-ion-based batteries & supercapacitors with support from the Technology Mission Division of the Department of Science & Technology, Government of India.These sodium materials were combined with various novel architectures of carbon to develop a battery.

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Google launches Startup School India, targets 10,000 startups in small cities

Google launched the Startup School India initiative which aims to gather relevant information on startup building into a systematic curriculum to help 10,000 startups in Tier 2 and Tier 3 cities.

The nine-week virtual programme will involve fireside chats between Google leaders and collaborators from across the startup ecosystem.

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Mohammad Barkindo, OPEC Secretary-General, Dies at 63

OPEC Secretary-General Mohammad Barkindo, an oil industry veteran who steered the group through the creation of the OPEC+ alliance, has died in his native Nigeria. He was 63.

Barkindo had headed the Organisation of the Petroleum Exporting Countries since 2016 and was scheduled to be replaced by Kuwait's Haitham Al-Ghais next month.

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Vienna-based OPEC is an intergovernmental organization of 13 countries.

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Polish government honours maharajas for helping refugees during WW II

Polish government held a ceremony in Warsaw, where it honoured the royal families of Jamnagar and Kolhapur and others for providing shelter to Polish refugees who had fled the country during World War II.

The Indian government had sent a delegation of former royals and other representatives from Kolhapur and Jamnagar to attend the event.

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Global Livability Index 2022: Bengaluru, ranked 146, scores least among Indian cities

Bengaluru fared the worst among Indian cities in the Economist Intelligence Unit's (EIU) Global Livability Index 2022, which was released on June 24.

Bengaluru was ranked 146 with a total livability score of 54.4. Delhi and Mumbai were ranked 140 (score 56.5) and 141 (score 56.2) respectively. Chennai & Ahmedabad were placed at 142 & 143 respectively, scoring 55.8 and 55.7.

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