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07TH, 08TH ,09th July 2022



National News


UP becomes first state to have 13 expressways in the nation 

Uttar Pradesh's largest expressway network now has a foundation thanks to Chief Minister Yogi Adityanath.  The state will soon have better highway connectivity from many other nations throughout the world.  The state now boasts 13 expressways, making it the first state in the nation to do so. Six of the 13 expressways totaling 3200 km are in use while the other seven are under construction.

Western Railways opened 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. Western Railway’s noted that the skywalk will allow passengers to reach Bandra (T) directly by deboarding at Khar station & taking south Foot Over Bridge.  The new skywalk was built at an estimated cost of Rs 14 crore. Around 510 MT structural steel, 20 MT Reinforcement steel and 240 cum of concrete was used for the construction. This skywalk will connect all foot over bridges of Bandra Terminus.

Rajasthan government will introduce India’s first right-to-health bill 

The Rajasthan government is soon likely to introduce in the Assembly the Right to Health Bill, "the first of its kind in India", which aims to commit to quality and affordable health care services through government and private health care providers.  In January, the government had prepared a draft bill that defines the rights of patients, their attendants and health care providers, as well as a system for addressing grievances of the stakeholders.

Kharchi festival begins in Tripura 

A week-long traditional Kharchi festival, offering prayer to 14 gods and goddess, began with thousands of devotees converging at Khayerpur on the eastern outskirts of the Tripura.  Kharchi Puja is predominantly a tribal festival but it owes its origins to Hindu religion. Devotees and sadhus from across India and neighbouring Bangladesh have also participated in the festival

Amit Shah virtually unveils 'Statue of Peace' of Swamy Ramanujacharya 

Union home minister, Amit Shah virtually unveiled the ‘Statue of Peace’ of Swamy Ramanujacharya in Srinagar, located in a temple in the Sonwar region.  Saint Ramanujacharya, also known as Ramanuja, is considered to be a great thinker, philosopher and social reformer, a south Indian Brahmin born in Tamil Nadu’s Sriperumbudur.  Ramanuja is known to have revolted against the discrimination of untouchability and played a role in bringing a big change in society. He is a follower of Vaishnavism and taught people the principles of salvation.

Union Minister Hardeep Singh Puri launches SVANidhi Mahotsav

On the occasion of second anniversary of the Prime Minister Street Vendor’s AtmaNirbharNidhi (PM SVANidhi) scheme, the Housing and Urban affairs Minister, Hardeep Singh Puri launched the ‘SVANIdhi Mahotsav,’ which will be celebrated from 9th to 31st of July.  The festival will be organized in 75 cities across all states and Union Territories, and showcase various cultural activities, digital training activities and loan melas. It will also have functions for felicitation of distinguished Street vendors.

To execute NEP 2020, PM launches Akhil Bhartiya Shiksha Samagam 

According to a press release from the Prime Minister's Office, Prime Minister Narendra Modi launched Akhil Bhartiya Shiksha Samagam on the National Education Policy in Varanasi.  The Prime Minister told the audience that "our education system and young generation carry a large role of realising the vows of the "Amrit Kaal." He bowed to Mahamana Madan Mohan Malviya, wishing the Samagam all the best. The Prime Minister opened the Akshay Patra Mid-Day Meal Kitchen at LT College earlier in the day.

Appointments News


SBI General Insurance appoints Paritosh Tripathi as MD & CEO 

Private non-life insurer SBI General Insurance had appointed Paritosh Tripathi as managing director and chief executive officer, effective July 5.  He succeeds P.C. Kandpal, who has been posted as Deputy Managing Director (DMD)-(P&RE) at the Corporate Center, State Bank of India (SBI).  Mr. Tripathi has more than 32 years of banking experience and has worked in various departments including MSME, mid-corporate segment, international banking and bancassurance.

Suranjan Das named as the new president of AIU 

The Jadavpur University Vice-Chancellor, Suranjan Das was appointed as the president of the Association of Indian Universities (AIU). His tenure as president will be for one year from July 1.  Das said he will take up the issue of executing the new education policy's (NEP) salient features, raising central funding for state varsities involved in important research activities, and work on taking the standards of Indian universities to global levels. Das, an eminent historian, was appointed the vice-president of AIU a year ago.

R Dinesh named the Confederation of Indian Industry's new president 

R Dinesh, Executive Vice-Chairman of TVS Supply Chain Solutions, has been chosen as the Confederation of Indian Industry's (CII) President Designate for the years 2022–2023.  He previously served as the Chairman of the National Committees on Logistics, the CII Family Business Network India Chapter Council, the CII Tamil Nadu State Council, and the CII Institute of Logistics Advisory Council. From 2018 to 2019, he served as the Chairman of the CII Southern Region.

R K Gupta named as deputy Election commissioner 

Senior bureaucrat R K Gupta was appointed as the deputy election commissioner, an order issued by the Personnel Ministry said.  He comes in place of T Sreekanth. Gupta, a Central Secretariat Service (CSS) officer, will serve as deputy election commissioner (Joint secretary level) till 28 February next year, the date of his superannuation.

Other important person of Election commission:

Chief Election Commissioner of India: Rajiv Kumar.  Election Commissioner: Anup Chandra Pandey.

Banking , Business and Economy

Prithviraj apologises for 'Kaduva' dialogue on differently-abled children

Actor Prithviraj Sukumaran apologised for a dialogue in Malayalam film 'Kaduva' saying differently-abled children are born with their conditions due to the sins of their parents. He also shared director Shaji Kailas' statement in Malayalam which said that they only wanted to convey the villain's cruelty. Earlier, State Commissioner for Persons with Disabilities had issued a notice to the makers.

India's economic performance consistently improved in last 4 yrs: PHDCCI

India's economic performance consistently improved among the top 10 economies in the world over the last four years, PHD Chamber of Commerce and Industry (PHDCCI) said. It cited International Economic Resilience (IER) rankings, wherein India's position improved from 6th in 2019 to 2nd in 2022. India showed consistent improvement despite the COVID-19 crisis, PHDCCI President Pradeep Multani said.

AMCs added 51 lakh investor accounts in June quarter: AMFI data

Asset Management Companies added 51 lakh investor accounts in the June quarter, as per the data by the Association of Mutual Funds in India (AMFI). The total tally now stands at 13.46 crore. In comparison, 93 lakh accounts were opened in the March quarter, the data further showed. Notably, the industry crossed 10 crore folios in May 2021.

RBI to release norms for digital lending this month: Report

The Reserve Bank of India (RBI) will release guidelines for 'Buy Now, Pay Later' (BNPL) service and digital lending later this month, Financial Express reported. A circular could be out as early as next week, the report added. Last month, RBI Governor Shaktikanta Das said the regulator would introduce a framework to curb malpractices in the digital lending segment.

SEBI mulls bringing mutual fund units under insider trading rules

The SEBI has proposed to bring transactions in mutual fund units under insider trading regulations. Insiders would include those who have access to unpublished price-sensitive information and their immediate relatives. In the past, a few key personnel of a mutual fund redeemed their holdings in the schemes while in possession of "sensitive information", the SEBI noted in its discussion paper.


RBI imposes restrictions, withdrawal caps on 4 cooperative banks

The RBI has put withdrawal limits on four cooperative banks for six months due to their deteriorating financial positions. They also cannot grant or renew any loans, make investments or accept fresh deposits without RBI's approval. The banks include Delhi's Ramgarhia Co-operative Bank, Mumbai's Sahebrao Deshmukh Co-operative Bank and Sangli Sahakari Bank.

SIDBI to develop online platform for startups, investors

The Small Industries Development Bank of India (SIDBI) will develop an online platform to bring together startups and investors. The platform will be ready in two months, said Shruti Singh, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT). This portal, she added, would help startups as they would not look for Alternate Investment Funds (AIFs) outside.


Indian Air Force & PNB signs MoU for ‘PNB Rakshak Plus Scheme’ 

Public sector bank, Punjab National Bank (PNB) has signed a memorandum of understanding (MoU) with the Indian Air Force (IAF) under its flagship scheme, PNB Rakshak Scheme.  The MoU focus on providing a bouquet of benefits along with specially designed products for the IAF personnel, including personal insurance cover.  This scheme includes personal accident insurance as well as air accidental insurance to serving, retired as well trainees of the defence forces. It also covers retired defence pensioners, along with personnel of the central armed police forces, state police force, and metro police.


To conduct fieldwork of inflation anticipation survey, RBI chooses Hansa Research Group

In order to undertake field research for the July 2022 cycle of the consumer confidence and inflation anticipation surveys, the Reserve Bank of India (RBI) announced that it had chosen to partner with the Mumbai-based Hansa Research Group.  It is now known that M/s Hansa Research Group Pvt.Ltd., Mumbai has been hired to conduct field work for the July 2022 round of the two surveys on behalf of the Reserve Bank of India, the RBI said in a statement.  This follows press releases announcing the launch of the consumer confidence survey (CCS) and inflation expectation survey of households (IESH), both dated June 30, 2022.

SBI General Insurance launches Cyber VaultEdge insurance plan 

SBI General Insurance has launched the Cyber VaultEdge insurance plan, a comprehensive cyber insurance cover for individuals that provides protection against financial losses arising from cyber risks and 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 of age).


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

Tech Giant, 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.  Startup School is a series of guided online trainings designed to equip early-stage startup founders with the tools, products, and knowledge that growing companies need.

Sports News

4 Wimbledon titles in a row is no mean feat: Tendulkar on Djokovic

Praising Novak Djokovic following his fourth straight Wimbledon title, Sachin Tendulkar said it is no mean feat. "Djokovic's composure, focus...consistency has been the hallmark of his game over the years. Lovely to see Novak appreciating Nick Kyrgios and the staff at Wimbledon after this win," he tweeted. Overall, it was Djokovic's seventh Wimbledon title. He beat Kyrgios in the final.


Suryakumar breaks record for highest T20I score by an Indian outside India

Team India batter Suryakumar Yadav has broken the record for registering the highest-ever T20I score by an Indian outside India. Suryakumar smashed 117(55) against England in the third T20I at Trent Bridge in Nottingham to set the record. The previous record was set by KL Rahul on August 27, 2016, when he scored 110*(51) against West Indies in USA's Lauderhill.



Malaysia Open Badminton Tournament 2022 conclude 

The 2022 Malaysia Open (officially known as the Petronas Malaysia Open 2022 for sponsorship reasons) was a badminton tournament that took place at the Axiata Arena, Kuala Lumpur, Malaysia, from 28 June to 3 July 2022 and had a total prize of US $675,000.  The 2022 Malaysia Open was the twelfth tournament of the 2022 BWF World Tour and was part of the Malaysia Open championships, which had been held since 1937. This tournament was organized by the Badminton Association of Malaysia with sanction from the BWF.

List of winners:



Men’s singles title

Viktor Axelsen (Denmark)

Women’s single title

Ratchanok Intanon (Thailand)

Men’s doubles champions

Takuro Hoki/Yugo Kobayashi of Japan

Women’s doubles champions

Apriyani Rahayu and Siti Fadia Silva Ramadhanti of Indonesia

Mixed doubles

China’s Zheng Siwei and Huang Yaqiong

36th National Games: To be held in Gujarat from Sep 27 to Oct 10

Bhupendra Patel, the chief minister of Gujarat, declared that the 36th National Games will be held in his state from September 27 to October 10 for the first time ever.  Due to a number of factors, including the coronavirus pandemic since 2020, the prestigious event is being hosted after a seven-year hiatus; the previous one was in Kerala in 2015.  The chief minister claimed in another post that Gujarat has world-class athletic facilities and that the sporting world is experiencing a resurgence. The government will do everything possible to make the national games the best athletic event ever.

Miscellaneous News

Mission Kushal Karmi: Delhi Govt's scheme to improve construction workers' skills

Manish Sisodia, the deputy chief minister of Delhi, started Mission Kushal Karmi to help construction workers improve their abilities.  According to a formal press release, the Delhi government developed this programme with assistance from the Delhi Skill and Entrepreneurship University (DSEU) and Delhi Building and Other Construction Workers Welfare Board.  This DSEU programme to increase the skills of construction workers, in collaboration with Simplex, NAREDCO, and India Vision Foundation, is particularly unique. Workers will upskill as part of this 15-day special training programme, which will increase their salaries in the future.

2-Day training on Disaster Management of Museums held at Rashtrapati Bhavan 

At the Rashtrapati Bhavan Museum, Rashtrapati Bhavan has organised a workshop on "Disaster Management of Museums and Heritage Buildings" in collaboration with the National Institute of Disaster Management (NIDM).  The President's Secretariat announced today that the goal of this training is to raise knowledge of disaster management among Rashtrapati Bhavan staff and other takeholders, with a special focus on heritage buildings, museums, and cultural heritage. 



Summits and Conferences News

Amitabh Kant, former CEO of NITI Aayog, to serve as new G-20 Sherpa 

The former CEO of Niti Aayog, Amitabh Kant, will take on the role of G-20 Sherpa. Piyush Goyal, a Union Minister, would be replaced by Kant because he is expected to resign owing to workload.  Later this year, India will preside over the G-20. It should be highlighted that the nation requires a full-time G-20 Sherpa, which Goyal is unlikely to provide as he already holds a number of cabinet positions.  The Sherpa would need to dedicate a lot of time to several meetings that will be held in various regions of the country because India will hold the G-20 presidency this year



Obituaires News

Freedom fighter Gandhian P Gopinath Nair passes away 

Freedom fighter P. Gopinathan Nair has passed away at the age of 100. He was known for following Gandhian ideology in his life and was honoured with the Padma award. He had participated in the freedom struggle.  He had taken part in the Quit India Movement of 1942 and had worked alongside Vinoba Bhave to promote Bhoodan and Gramdan movements.

Former Japan Prime Minister Shinzo Abe passes away

Shinzo Abe, Former Japan’s Prime Minister, who was shot at during an election campaign in western Japan’s Nara city, has passed away. The Nara fire department had earlier said that the 67-year-old Abe was in cardiopulmonary arrest before he was taken to the hospital.  They said that he had been wounded on the right side of the neck and the left clavicle.Abe, the country’s longest-serving prime minister until he resigned in 2020, was flown to hospital by helicopter after the attack. It was the first assassination of a sitting or former Japanese premier since the days of prewar militarism in the 1930s.




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