Banking and Financial Awareness:
- ➤NHAI Signs MoU with SBI of Rs 25000 Crore Long Term Unsecured Loan for 10 years with 3 years of moratorium on repayments.
- ➤India's GDP Growth to Rise to 7.5% This Fiscal by Morgan Stanley.
- RBI Hikes Repo Rate by 25 Bps to 6.5%.
- ➤Mauritius’s SBM (State Bank of Mauritius) gets RBI approval for subsidiary.
- ➤NABARD Sanctions Rs772 Crore for Water Projects in Haryana.
- ➤HDFC Life inks pact with Vijaya Bank to sell insurance products, aimed at serving the semi urban rural regions where the insurance products don’t have a reach.
Appointments
- ➤Surendra Rosha appointed as HSBC India CEO.
- ➤Renu Satti Quits as Paytm Payments Bank CEO, will now head Paytm's new retail initiative.
- ➤Anurag Sachan appointed MD of Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL).
Obituary
- ➤Veteran Bengali Writer Ramapada Chowdhury Passes Away.
- ➤Former FTII director John Sankaramangalam passes away.
Honour, Awards and Ranks
- ➤Mathematician Akshay Venkatesh Wins Prestigious Fields Medal, known as the Nobel prize for math.
- ➤Mohun Bagan ‘Ratna’, the highest honour of Mohun Bagan club was awarded to former India international Pradip Chowdhury.
- ➤The INFRA Icon Award in the ‘Global Energy’ category - Oil and Natural Gas Corporation (ONGC).
- ➤India has ranked 96th to break into the top 100 of the United Nation’s E-Government Development Index (EGDI) 2018.
MOU’s, Agreement and Summits
- ➤Health Ministry Signs MoU with Ministry of Electronics and Information Technology to provide information and eligibility validation services to beneficiaries, especially in remote areas.
- ➤India and Germany signed an agreement on financial and technical cooperation.
- ➤Invest India and UAE Ministry Sign MoU for Technological Cooperation which will generate an estimated USD 20 billion.
- ➤Unified Commanders’ Conference 2018 starts in New Delhi.
- ➤To foster greater collaboration and knowledge-sharing among the think tanks, 1st Nepal-India Think Tank Summit Begins in Kathmandu.
- ➤2-Day Indo-US Military Cooperation Meeting Begins in New Delhi.
Important Dates
- ➤World Day Against Trafficking in Persons: 30 July
Important News – World
- ➤World’s First Intertidal Art Gallery Opened in Maldives.
Important News- India
- ➤AIBD India has been elected as the President of the Asia-Pacific Institute for Broadcasting Development (AIBD) for two years.
- ➤To create awareness about Intellectual Property Rights (IPRs), Commerce and Industry Minister Suresh Prabhu launched logo and tagline for Geographical Indications (GI)
- GI tag: Invaluable Treasures of Incredible India
- ➤Government Approves 122 New Research Projects Under ‘IMPRINT-2’ Scheme to advance research in energy, security and healthcare domains in the high education institutions.
- ➤Committee Formed to Address Issues of Stressed Thermal Power Projects headed by Cabinet Secretary, Pradeep Kumar Sinha.
- ➤2nd Conference of Young Superintendent of Police held in New Delhi, Theme: “Predictive Policing and Contemporary Challenges for Indian Police Forces”.
Business, Science and Technology
- ➤Apple Becomes 1st US-Based Company with Market Value of $1 Trillion.
- ➤Reliance Beats TCS to Become India's Most Valued Company.
Important News- States
- ➤Chhattisgarh CM Launch Mobile Distribution Scheme 'Mobile Tihar' under Sanchar Kranti Yojna.
- ➤Rs.215 crore project of Meghalaya Milk Mission launched in Shillong to achieve Centre’s goal of doubling farmer’s income by 2022 through promotion of milk business.
Sports News
- ➤World Junior Squash Championships 2018 was held in Chennai, India.
- ➤British racing driver Lewis Hamilton Wins 6th Hungarian Formula 1 Grand Prix.
- ➤Indian javelin thrower Neeraj Chopra won a gold medal in the Savo Games in Lapinlahti, Finland.
- ➤Dustin Johnson won the 2018 RBC Canadian Open in Canada.
- ➤Ace Indian shuttler Sourabh Verma lifted the Russian Open Badminton trophy at Vladivostok.
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