Current Affairs Weekly PDF

Current Affairs Weekly PDF
Current Affairs Weekly PDF- July First Week (1-7)

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INDIAN AFFAIRS
• On June 30, 2018, At the 42nd session of the World Heritage Committee of UNESCO at Manama in
Bahrain , India’s nomination of the "Victorian and Art Deco Ensembles of Mumbai " was inscribed
on UNESCO's World Heritage list.As recommended by the World Heritage Committee, India accepted
the renaming of the ensemble as “Victorian Gothic and Art Deco Ensembles of Mumbai”.Click here to
read more.
• On June 29, 2018 ,The fourth National Consultation Meeting of Ministers of States & UTs, in-charge of
Food, Civil Supplies and Consumer Affairswas held in New Delhi.The Objective is to improve consumer
protection and welfare including availability of essential food items at stable prices, Public Distribution
System etc., and chart a future course of action.
• On June 29,2018, Union Minister of State for Agriculture Gajendra Singh
Shekhawat announced that 22,000 rural markets would be linked to the Electronic National
Agriculture Market (e-NAM) by 2020 as part of its drive to double the income of farmers.
This was announced the "AgriVikas 2018", a conclave on agriculture and allied sectors in Bhubaneswar,
Odisha.
• On 29th June 2018, Telangana Chief Minister K Chandrasekhar Rao laid foundation stone for Gattu
irrigation project in Jogulamba Gadwal district, Telangana.The Gattu irrigation project will provide
water to 33,000 acres in 4 mandals of Jogulamba Gadwal district. Nearly 2.8 tmc of water will be
supplied to 41 tanks.
• On 29th June 2018, the Odisha government signed a Memorandum of Understanding (MoU) with
the Regional Integrated Multi-Hazard Early Warning System (RIMES) for effective management of
disasters.This agreement will lead to development and pilot implementation of decision support
systems for automating risk assessment, advisory generation and dissemination.
• On June 29,2018, The Central Reserve Police Force launched 'Madadgaar Helpline', a
distress helpline for the people of Jammu and Kashmir.It aims to provide immediate assistance to the
people amidst the war-torn region.The helpline number is : 14411.
• On June 30,2018, The Minister of State (I/C) for Tourism Shri. K.J. Alphons inaugurated the Institute of
Hospitality Management in Jodhpur .India is among the fastest growing Tourism economy in the world.
• Bhitarkanika national park in Odisha has become the largest habitat of the endangered estuarine
crocodiles in India with a record number of 101 nesting sites.A total of 101 nesting sites of estuarine
crocodiles were found by enumerators. In 2017, 80 nesting sites were spotted.
• Chhatrapati Shivaji International Airport in Mumbai, the second busiest in India, has been ranked as the
fifth least punctual airport in the world. as per a study conducted by OAG, a global leader in providing
flight information. 'on-time performance' (OTP),for Delhi was 70.7 %. Nagoya
KomakiAirport in Japan has topped the global ranking list with OTP rate of 94.5 %.OTP for Mumbai was
60 %.
• On July 2, 2018, The Income Tax Department has launched instant Aadhaar-based e-PAN allotment
service for individuals seeking PAN (Permanent Account Number) service for the first time.The pan
service is only available for valid Aadhar card holders.This facility is free of cost and is available for a
limited period on first-come, first-served basis.
• On July 2, 2018, Department of Empowerment of Persons with Disabilities (DEPwD), Ministry of Social
Justice and Empowerment announced that a “National Workshop on Skill Development for Persons
with Disabilities (Divyangjan)” will be organized on July 3,2018.
The event will be inaugurated by Shri Thaawarchand Gehlot, Minister for Social Justice and
Empowerment.
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• On July 2, 2018, Union Agriculture and Farmers’ Welfare Minister, Shri Radha Mohan Singh announced
the "National Policy on Marine Fisheries, 2017" in the inter-session meeting of the consultative
committee of the Ministry of Agriculture and Farmers’ Welfare on “Marine Fisheries-Mariculture in
India” in Rameswaram, Tamil Nadu.The government has also included a sub-component namely,
'Assistance for Deep-Sea Fishing' under 'Blue-Revolution.
• On July 2, 2018, The Election Commission of India (ECI) announced that it has organized a two-day
“National Consultation on Accessible Elections,” from the 3rd July, 2018 in New Delhi.The event is a part
of the ECI’s pursuit of its mission ‘leave no voter behind,’ with special focus on “Persons with
Disabilities” (PwD).The theme of “Inclusion of PwD’s” has been given a special focus in the ECI’s
Strategic Plan 2016-2025.
• On July 1,2018, The government has set up a 13-member committee for Sub-National Accounts will be
headed by Ravindra H Dholakia, a retired professor of IIM Ahmedabad.It would review the concepts,
definitions, classifications, data conventions, data sources and data requirements for preparation of
State Domestic Product (SDP) and District Domestic Product (DDP).
• On July 1,2018, The Government notified the Electoral Bond Scheme 2018 via Gazette
Notification.Electoral Bonds shall be valid for fifteen calendar days from the date of issue and no
payment shall be made to any payee Political Party if the Electoral Bond is deposited after expiry of the
validity period.
• Ministry of Defence has approved the sanction for construction of 17 new baffle firing ranges in Military
Stations/Cantonments/Training Establishments at an estimated cost of Rs. 238 crores.With this 7
additional ranges are added to the Southern Command, 3 to the Eastern Command, 2 to the Northern
Command, 1 to the South Western and 1 to the Central Command.
• On 3rd July 2018, “National Workshop on Skill Development for Persons with Disabilities (Divyangjan)”
was held in New Delhi.The workshop was organized by the Department of Empowerment of Persons
with Disabilities (DEPwD) under Ministry of Social Justice and Empowerment
• On July 1,2018, the Ministry of Power announced that it will hold a conference of state power
ministries at Shimla, Himachal Pradesh on July 3, 2018. The Conference will be inaugurated by Shri R K
Singh, Union Minister of State (IC) for Power and New & Renewable Energy.The aim is to review the
implementation of various ongoing Schemes/ Programmes & work on issues pertaining to Power and
Renewable Energy sectors.
• On July 3, 2018, Delhi Chief Minister Arvind Kejriwal launched the “Happiness Curriculum” for students
of nursery to Class 8 in government schools . The curriculum was launched in the presence of the Dalai
Lama.It aims to target modern day problems like terrorism, corruption and pollution and solve them
through human-centric education.
• On July 2,2018, The first meeting of the Cauvery Water Management Authority (CWMA) was held
at Central Water Commission (CWC) office in Delhi.It was chaired by the CWC Chairman, S Masood
Hussain, who is also heading the Cauvery Authority.
• On July 2, 2018, Jharkhand Chief Minister Raghubar Das announced that Jharkhand will have the first
'Khadi Mall' of the country.This was announced while addressing the 'Karigar Panchayat' organized by
the Khadi Board at the Tana Bhagat Indoor Stadium .
• On July 1, 2018, The Chhattisgarh government set up a tribal museum in the state's upcoming new
capital Naya Raipur . The decision was taken during a meeting of Chhattisgarh State Tribal Advisory
Council chaired by Chief Minister Raman Singh at New Mantralya.The museum aims to exhibit culture
and tradition of scheduled tribes.
• On July 3, 2018, An MoU has been signed between the Madhya Pradesh government and National Health
Agency for implementation of the Ayushman Bharat Yojana under the Pradhan Mantri Rashtriya
Swasthya Suraksha Mission in the state from August 15,2018.An expenditure of over Rs. 16 hundred
crore at the rate of Rs. Twelve hundred per family has been estimated.
• On July 3, 2018, The Centre has announced a state-of-the-art e-waste recycling unit for Bengaluru,
India’s technology capital. It will be India’s first such unit in the government sector.Bengaluru produces
an estimated one lakh tonne of electronic waste a year. Bengaluru ranked third after Mumbai and Delhi.
• Cabinet Approvals on July 4, 2018
 Cabinet approves transfer of Defence land to Kendriya Vidyalaya Sangathan
(a)4 acres for the construction of Kendriya Vidyalaya No. 4 at Kandhar Lines, Delhi Cantt.
(b)7.5 acres for the construction of Kendriya Vidvalaya in Survey No. 408, Jalandhar Cantt
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(c )7.118 acres for construction of Kendriya Vidyalaya Number 2 Dhar Road in District Udhampur,
Jammu & Kashmir.
 Cabinet approves Transfer of 5.99 acres of Sashastra Seema Bal’s land at Tawang to the State
Government of Arunachal Pradesh
 Cabinet approves exemption from charging commercial rates for the plot of land allotted to the
High Commission of Fiji in New Delhi
 Cabinet approves accession to WIPO Copyright Treaty, 1996 and WIPO Performance and
Phonograms Treaty, 1996.
 Cabinet approves DNA Technology (Use and Application) Regulation Bill, 2018
 Cabinet approves Umbrella Schemes for Relief and Rehabilitation of Migrants and Repatriates
 Cabinet approves renaming of Agartala Airport, Tripura as Maharaja Bir Bikram Manikya
Kishore Airport, Agartala
 Cabinet approves extension of Scheme of Recapitalization of Regional Rural Banks upto 2019-
20.
 Cabinet approves creation of one post each of Vice-Chairperson and Member in the National
Commission for Safai Karamcharis
 Cabinet approves revision of the compensation on SESF Operations with Boeing 747-400
aircraft
 Cabinet approves renewal of MoU between the Institute of Chartered Accountants of India &
Saudi Organisation for Certified Public Accountants
 Cabinet approves MoU between India and United Kingdom on cooperation in the sphere of Law
& Justice and establishing a Joint Consultative Committee.
• On July 4, 2018, the think tank NITI Aayog announced that it is organising ‘MOVE: Global Mobility
Summit’ in New Delhi on 7th and 8th September, 2018 in association with various ministries and
industry partners.It will also see participation from countries like Netherlands, Slovakia, USA, UK,
Netherlands, China, South Korea, Australia etc.
• On July 4, 2018, The Maharashtra government set up a seven-member expert panel to prepare
guidelines for surrogacy centres in the state. The seven-member committee headed by Vandana
Krishna.To examine guidelines laid down by the Indian Council of Medical Research on Assisted
Reproductive Technology (ART).
• On July 4, 2018, The International Union of Food Science and Technology (IUFoST) in association
with Indian National Science Academy (INSA)announced the 5-day 19th edition of its prestigious global
event to be held in Navi Mumbai.The focal theme for this edition of the prestigious congress is 25 Billion
Meals a Day by 2025 with Healthy, Nutritious, Safe and Diverse Foods.
• On 4th July 2018, Union Minister Nitin Gadkari flagged off Wagon Cab's taxi ambulance services in New
Delhi.Wagon Cab claims to be India's first road emergency cab services provider. Wagon Cab provides
medically-trained drivers in its ambulance-taxis.
• On July 4, 2018, The Rajasthan government approved 1 per cent reservation for five communities,
including the Gujjar community, against their demand of 5 %.The five communities who benefit from
the order of the Rajasthan government are – Godia Lohar, Banjara, Gujjar, Raika and Gadaria.
• On July 4, 2018, The Union Minister of State for Development of North Eastern Region (I/C), Prime
Minister’s Office, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr. Jitendra
Singh attended the 4-day Meghalaya Annual Cultural Festival, "Behdienkhlam", held every year at the
small peripheral town of Jowai, Meghalaya.
• On July 4, 2018, The Madhya Pradesh government announced Mukhyamantri Jan Kalyan (Sambal)
Yojana 2018 (a scheme to provide subsidized power).The scheme is likely to cost the state
exchequer Rs 1000 crore and come into effect from July 1,2018.
• On July 4, 2018, Gujarat Chief Minister Vijay Rupani launched 'Poshan Abhiyan'--a statewide mission to
eradicate malnutrition among children by providing them nutritious
food through Anganwadi centres.The chief minister also launched 'Purna' project to
eliminate malnutrition among girls in the age group of 14 to 18.
• On 4th July 2018, the Union Cabinet chaired by Prime Minister Narendra Modi decided to name the
Agartala airport in Tripura after Maharaja Bir Bikram Manikya Kishore, the erstwhile ruler of Tripura.
• Odisha's ST and SC Development Minister Ramesh Chandra Majhi said that, the government has decided
to increase the inter-caste marriage incentive from Rs 1 lakh to Rs 2.5 lakh.The incentive amount will be
deposited in a joint account of the couple in any nationalised bank. They can withdraw the amount only
after 3 years of marriage.
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• On 4th July 2018, Maharashtra government allocated Rs 15 crore for the implementation of a pension
scheme for senior journalists, called Acharya Balshastri Jambhekar Sanman Yojana.Maharashtra
government has made a provision of Rs 15 crore for implementing the Acharya Balshastri Jambhekar
Sanman Yojana.
• On July 3, 2018, The Chief Election Commissioner Shri. O.P. Rawat, along with the Election
Commissioners Shri Sunil Arora and Shri Ashok Lavasalaunched a mobile app, called ‘cVIGIL’.The
operating system should beAndroid Jellybean and above. The application supports all the latest Android
smartphones.
• On July 5, 2018, Union Minister of Coal, Railways, Finance & Corporate Affairs, Shri Piyush
Goyal launched the Coal Mine Surveillance & Management System (CMSMS) and Mobile
Application ‘Khan Prahari’ on Swami Vivekananda’s death anniversary in New Delhi to pay tribute to
integrity.
• On June 30, 2018, External affairs minister Sushma Swaraj inaugurated a three day 9th Heads of Mission
Conference of all Indian ambassadors and high commissioners in New Delhi.The theme of this year’s
conference is : Unprecedented Outreach: Unparalleled Outcomes.
• On July 5, 2018, The National Health Agency (NHA), the apex body for implementation of the Centre's
ambitious Ayushman Bharat-National Health Protection Scheme, has launched a formal process to
empanel public and private hospitals to achieve universal health coverage.
• On July 5, 2018, The Central Board of Direct Taxes (CBDT) has entered into three Unilateral Advance
Pricing Agreements (UAPA) in May and June 2018.The total number of APAs entered into by the CBDT
has gone up to 223, which inter alia include 20 Bilateral APAs.The UAPAs entered pertain to consumer
industry, automobile and precious stones & metals sectors of the economy.
• On July 5, 2018, The Centre and the state governments of Tripura and Mizoram signed an agreement for
repatriation of thousands of people belonging to the Bru community from Tripura to Mizoram.The Mou
was signed among the Government of India, Governments of Mizoram and Tripura and Mizoram Bru
Displaced People's Forum (MBDPF) in New Delhi.
• On 4th July 2018, IRCTC said that, the National Security Guard (NSG) will be the first central paramilitary
force to opt for e-ticketing instead of the railway warrant as per a MoU signed with the IRCTC. IRCTC
will provide this scheme through advance deposit to enable smooth service during online ticket
booking.
• On July 3,2018, The UP Government announced a new Defence Manufacturing policy named ‘UP
Defence Aerospace Unit and Employment Generating Policy, 2018’.Under this policy,
around 3000 hectares of land would be acquired by nodal agency UPIEDA and entrepreneurs will be
given land under plug and play formula investment of Rs 50,000 crore in the next five years.
• On 5th July 2018, Karnataka Chief Minister H.D. Kumaraswamy presented the Congress-JD(S) coalition
government’s first budget, announcing farm loan waiver worth Rs 34,000 crore.The budget has raised
the rate of tax on petrol from the present 30% to 32%. This increases petrol prices by Rs 1.14 a litre.
• On 5th July 2018, Union Minister of State for Culture (I/c), Dr. Mahesh Shrama, inaugurated an
exhibition named "Arth - art for earth" at IGNCA, New Delhi.‘Arth - Art For Earth’ by Manav
Gupta comprises "Excavations in Hymns of Clay". It is a suite of environmental art installations created
by Manav Gupta with a storyline and poetry.
• On July 6, 2018, the United Nations Educational, Scientific and Cultural Organisation (UNESCO) entered
into an agreement with Andhra Pradesh Economic Development Board (APEDB) for setting up a 'Design
University for Gaming' in Visakhapatnam.This MoU will help in developing the city as 'International
Gaming and Digital Learning Hub'.
• On July 6, 2018, The Haryana Health Department announced the launch of an intensive diarrhoea
control campaign from July 15 to 30.The decision was taken at a steering committee meeting of
different state departments under the chairmanship of Principal Secretary, Health Department, Raja
Sekhar Vundru.
• On July 6, 2018, Union Transport Minister Nitin Gadkari has said, under Sagarmala project, Centre
will provide 500 crore rupees to Shipping Corporation of India(SCI) to lease out cruises to promote
cruise tourism.This was announced at the Jawaharlal Nehru Port Trust (JNPT) Annual Awards event
in Mumbai.
• On July 5, 2018, The Central Board of Indirect Taxes and Customs (CBIC) has developed a mobile
app 'GST Verify' to protect interest of consumers.It has been developed by B Raghu Kiran joint
commissioner GST Hyderabad and is operational all across the country.
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• On July 6, 2018, The Airport authority of India has allocated Rs.1200 crores, spread over 12 years for
the establishment of Civil Aviation Research Organization (CARO) at Begumpet
Airport, Hyderabad.With an aim to start Research and Development infrastructure, procurement of
tools, skill development and knowledge transfer.
• On 6th July 2018, the Telangana government allotted 200 acres to 3 women entrepreneurs' associations
in Telangana.This announcement was made by Telangana Industries and IT Minister K T Rama Rao at
an event in which the Telangana State Industrial Infrastructure Corporation offered allotment letters to
18 women entrepreneurs of FICCI Ladies Organisation (FLO) at the FLO TSIIC Industrial Park,
Sultanpur near Hyderabad.
• On July 6, 2018, The Prime Minister, Shri Narendra Modi, addressed the 8th International Convention of
Saurashtra Patel Cultural Samaj through video conference which was held in California, United States of
America.This can help in boosting India’s tourism development through Ek Bharat Shresht Bharat
Abhiyan scheme.
• On 5th July 2018, India’s first biofortified sorghum (jowar) named Parbhani Shakti containing higher
iron and zinc than regular sorghum was formally launched.This improved sorghum variety has been
developed by International Crops Research Institute for the Semi-Arid-Tropics (ICRISAT). It was
released for cultivation by Vasantrao Naik Marathwada Krishi Vidyapeeth (VNMKV), Maharashtra.
• On July 7, 2018, The Minister of State for Home Affairs Shri Hansraj Gangaram Ahir launched the first
Cyber Forensic van of Delhi Police and an online cyber crime portal where people can file complaint
online regarding such crimes . This was announced at the "Cyber Safety and Digital awareness
programme for senior citizens” organized by Delhi Police.
• On July 7, 2018, Commerce Secretary Rita Teaotia chaired the first meeting of the task force set up to
recommend the framework for a national policy on e-commerce .This is done on the decision of a think-
tank constituted on the issue under the chairmanship of Commerce and Industry Minister Suresh
Prabhu in April 2018.
• On July 5, 2018, East Coast Railway launches highest ever 6 (six) Limited Height
Subways (LHS) in Sambalpur Division and completed it in a single block of four and half hours .Aim is to
eliminate all unmanned Level Crossing Gates over Sambalpur Division.
• On July 5, 2018, National Association of Software and Services Companies (NASSCOM) launched
a Centre of Excellence for Data Science and Artificial Intelligence (CoE – DSAI) in collaboration with
the Government of Karnataka, in Bengaluru.NASSCOM also signed a Memorandum of Understanding
with NITI Aayog to collaborate in areas of applied research, accelerating adoption and ethics, privacy
and security.
• On July 5,2018, The Uttarakhand high court declared the entire animal kingdom, including birds and
aquatic animals, as a legal entity having rights of a “living person”.This comes a year after the court
accorded the status of “living entity” to the Ganga and Yamuna rivers (in March 2017) which was stayed
by Supreme Court.
• On July 7, 2018, West Bengal chief minister Mamata Banerjee set a “one person one car” policy for
ministers and bureaucrats.In lieu of certain ministers holding charge of multiple departments taking
advantage of multiple government vehicles this decision was made.
INTERNATIONAL AFFAIRS
• On July 3, 2018, The World Bank Group President Jim Yong Kim announced The World Bank’s support
to the Bangladesh government in managing the Rohingya crisis in a meeting with Finance Minister AMA
Muhith at the Secretariat in Dhaka .The WB lent Bangladesh amount of over US$3 billion, which is
the second largest among the countries in the world that they had financed.
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• On July 3,2018, China approved USD 1 billion grant to Pakistan after it has been placed in Financial
Action Task Force FATF’s ‘grey list’ .The move comes after Pakistan’s foreign exchange reserves
dropped to $9.66 billion last week from $16.4 billion in May 2017.
• On 1st July 2018, the 5th Regional Comprehensive Economic Partnership (RCEP) Intersessional
Ministerial Meeting was held in Tokyo, Japan.The Ministers agreed to focus on finding breakthroughs
for conclusion of the RCEP negotiations, in line with the RCEP Leaders’ mandate in 2017.
• New America, an American think tank has announced a fellows exchange programme to enable India
and the US to utilise technology in a better manner to improve the lives of their citizens.The Exchange
programme is funded by the Ford Foundation. It will bring fellows from India to the United States, and
fellows from the United States to India.
• MORI Building Digital Art Museum in Tokyo, Japan, has become the world’s first all-digital museum.The
MORI Building Digital Art Museum in Tokyo is a collaboration between the developer and art collective
TeamLab. In this museum light and space is the art. There are no guide maps, no descriptions, and no
signs warning viewers to not touch the art work.
• India has received a joint submarine design and construction proposal from Russia to build on the
technology transfer acquired while building the nuclear fleet. It is said to reduce the cost of Indian
Navy’s next-generation vessel plan.
• On July 6, 2018, India goes on a joint venture to operate the loss-making Mattala international airport in
southern Sri Lanka with the Sri Lankan government. Mattala airport, named after former
president Mahinda Rajapaksa, was a China-supported infrastructure project in his home district of
Hambantota.
• On July 6, 2018, The 2nd meeting of the joint working group on tourism cooperation between India and
Nepal concluded in Kathmandu. Both sides agreed to jointly promote Buddhist and Ramayana
circuits and Adventure tourism.
• On July 7, 2018, The UN member states approved a USD 6.69 billion dollar budget for 13 peacekeeping
operations from July 1, 2018, to June 30, 2019 and implementation of other reforms for the first time in
more than 40 years.The missions include MINUJUSTH , MINURSO, MINUSCA,MONUSCO and UNIFIL.
BANKING & FINANCE

• On June 30,2018, Premier stock exchange BSE has entered into an agreement with the Bombay Metal
Exchange (BME) for the growth and systematic development of commodity derivatives markets.With its
domain knowledge and unique stakeholders ranging from importers, traders to corporates, the BME
will assist the BSE in designing new and innovative deliverable products in commodities
like aluminium, copper, zinc, nickel and lead among others.
• On July 2, 2018, The 9th and final meeting of Eminent Persons Group (EPG) on India-Nepal relations
concluded in Kathmandu.They discussed on various bilateral issues including 1950 Peace and
Friendship treaty, trade, transit and border.
• On June 30,2018, The Insurance Regulatory and Development Authority of India (IRDAI) approved Life
Insurance Corporation (LIC) of India’s proposal to hike its stake to 51 per cent in IDBI
Bank from 10.8 per cent.LIC is expected to infuse Rs 13,000 crore into IDBI Bank.
• On July 2, 2018, NSE signs an agreement with Nasdaq for a suitable platform and technology backbone
to effectively tap post–trade delivery capabilities.They also signed an MoU on business opportunities
across listings, corporate and market services and data and innovations in products, processes and
technology.
• On July 3, 2018, NABARD has announced that it has sanctioned Rs 735.53 crore in the first quarter of
the current fiscal under the Rural Infrastructure Development Fund (RIDF) for West Bengal.These
include 6 solar power, 1 medium irrigation, 5 minor irrigation and 12 flood protection projects, 57
projects for the widening and strengthening of roads and 5 rural bridges.
• The main custodian banks shared a list of 25 countries named as “high-risk jurisdictions” with
Securities and Exchange Board of India (SEBI) recently.China, UAE, Cyprus and Mauritius, along with 21
other countries have been named as “high-risk jurisdictions” by global banks acting as custodians for
foreign funds.
• On July 5, 2018, The RBI has issued licence to Bank of China to launch operations in India.This was done
in the backdrop of Prime Minister Narendra Modi had made a commitment to Chinese President Xi
Jinping to allow Bank of China to set up branches in India when they met on the sidelines of the SCO
summit in Chinese city of Qingdao.
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• On July 3, 2018, IIFL is India's top investment bank for equity issuance by private sector companies as
per report of Prime Database Investment Bankers League table for FY 2017-18. It has helped in raising
about Rs. 48,000 crores of capital in the year 2017-18.
• On July 2, 2018, Indian public and private banks have started using AI improve efficiency, detect human
behaviour and reduce operational costs.
Bank New AI/Technology Uses
deployed
SBI SBI Intelligent Assistant. A smart chat assistant that efficiently resolves
queries of NRI customers .
Innovation Centre Will explore AI Robotic Process Automation
(RPA) to make banking process more efficient.
Bank of Baroda Baroda Brainy artificial intelligence robot.
Digital Lab hi-tech digital branch equipped with advanced
gadgets.
Allahabad Bank emPower app App will have Chatbot and artificial
intelligence based e-commerce payments.
• On June 30, 2018, State-owned Punjab National Bank and Allahabad Bank have raised the marginal cost
of funds-based lending rate, the floor rate at which it lends to consumers, for select tenors by 0.05-
0.10 per cent.
PNB BANK:
Term Change by (basis Points) Changed rate of MCLR
Overnight 10 7.90
One month 10 8.05
Three Month 10 8.20
Six month 10 8.40
One year 5 8.45
Three years 5 8.60
Five years 5 8.75
• ALLAHABAD BANK:
Term Change by (basis Points) Changed rate of MCLR
Overnight 10 7.95
One month 10 8.05
Three Month 10 8.25
Six month 10 8.30
One year 10 8.45
Two years 10 8.65
Three years 10 8.75
• On July 4, 2018, World Bank group member International Finance Corporation (IFC) invested $100
million in Mahindra & Mahindra Financial Services Ltd. (M&M).This would enhance financial support
towards tractor finance which in turn will improve mechanized farming by cutting costs by 25% and
raising productivity by 20%.
• On July 3, 2018, The Finance Ministry announced that it has kept the interest rates on small savings
schemes, including NSC and PPF, unchanged for the July-September quarter.The move is aimed at banks
lowering their deposit rates.The interest rates are as follows:
Schemes Interest rate
5 yr Senior citizen Savings Scheme (paid 8.3
quarterly)
Savings Deposits 4%
Public Provident Fund (PPF) 7.6
National Savings Certificate (NSC) 7.6
Kisan Vikas Patra (maturity in 11 months) 7.3
Sukanya Samriddhi Account 8.1
Term Deposit (1-5 years) 6.6-7.4
5 year Recurring Deposit 6.9
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• On July 5, 2018, State-run Bank of Baroda has increased the marginal cost based lending rates (MCLR)
by 0.05 per cent for various tenors of loansThe rates will come into effect from July 7,2018.The rates are
as follows for different tenors:
Tenors New Rates (in %)
Overnight 8
One Month 8.5
Three Months 8.15
Six Months 8.35
One Year 8.50
• On July 5, 2018, SBI Card, the country's second largest credit card issuer, announced the launch of ELA'
(Electronic Live Assistant), a virtual assistant for customer support and services.It is designed to
enhance customer experience by providing relevant and instant responses to customer queries.
• On July 5, 2018, Public sector Indian Bank revised the interest rates on Foreign Currency Non-Resident
(banking) term deposits with immediate effect.The interest rates for term deposits are as follows:
Term Deposits Rates (in %)
>=1 year and < 2 years 3.59
>=2 years and <3 years 3.77
=5 years 3.93
• On July 5, 2018, Yes Bank said it has received approval from capital markets regulator SEBI to start
mutual fund business after RBI’s approval.The name of the Mutual Fund business is Yes Asset
Management (India) Limited (YAMIL). It will have its Headquarters in Mumbai.
• On July 4, 2018, Fusion Microfinance has reduced the interest rate for its existing customers
by 140 basis points to 23 per cent from 24.4 per cent.The new rate of interest will be effective from June
1, 2018.This will allow new customers to avail loans at 23.5 per cent now instead of previous 24.6 per
cent rate.
• On July 4, 2018, ICICI Bank announced that its mortgage loan portfolio crossed the Rs 1.5-
trillion milestone, making it the largest private player in the segment.It is targeting to grow it to Rs 2
trillion by FY20.
• On July 6, 2018, According to RBI data in the fortnight ending in June 22, the bank credit grew by 12.84
per cent to Rs 86,16,408 crore and bank deposits had risen by 7.59 per cent to Rs 113,53,525 crore. In
the year-ago fortnight, bank loans stood at Rs 76,35,689 crore.
• On July 6, 2018, Unified Payments Interface (UPI) will get a major upgrade with new features and a
doubling of the transaction limit to Rs 2 lakh and is awaiting RBI’s approval. It is the apps most awaited
‘standing instruction feature’.
• On July 6, 2018, HDFC Bank overtook Russia's Sberbank to become the most valuable bank in the
emerging market outside China.HDFC Bank’s current market capitalisation is $78.4 billion against
Sberbank's $74.4 billion.
Position of Banks on a global level:
Bank name M-Cap
JPMorgan Chase (USA) $353 billion
Bank of America $282 billion.
Industrial & Commercial Bank of $273.4 billion
China (China)
China Construction Bank (China) $225.1 billion
BUSINESS & ECONOMY

• On June 30,2018, Tata Steel agreed to a 50-50 joint venture with Germany's Thyssenkrupp to create
Europe's second-largest steel company after Lakshmi Mittal's ArcelorMittal.The joint venture will
create a strong pan-European steel company that is structurally robust and competitive.
• On June 30,2018, The first three phase energy efficient Mainline Electric Multiple Unit (MEMU) coaches
built with stainless steel bodies were rolled out by Integral Coach Factory (ICF) in Chennai, Tamil
Nadu.The MEMU train consists of eight coaches and two driving motor coaches.
8|Page
• On July 2, 2018, Numaligarh Refinery Ltd (NRL) in Assam has become the first oil public sector
undertaking (PSU) to adopt an online legal compliance system by introducing 'Legatrix'.
The cloud-based compliance management system was inaugurated by Managing Director S K Barua at
the companys corporate office in Guwahati.
• SoundLogic has named cricketer Mahendra Singh Dhoni as a partner-evangelist.Recently, SoundLogic
appointed PointNine Lintas as its full-service agency. PointNine Lintas is working with the team at
SoundLogic and Mahendra Singh Dhoni on the marketing roadmap for SoundLogic.
• On July 4, 2018, Tata Power Renewable Energy Ltd. (TPREL), a subsidiary of Tata Power, has
announced the successful commissioning of two solar projects of 50 MW each in Ananthapuramu Solar
Park, located in the state of Andhra Pradesh.These projects are under a 25 year power purchase
agreement (PPA) signed with Solar Energy Corporation of India (SECI).
• IndiaFirst Life Insurance Company Limited, has announced its tie-up with Oxigen Services India Pvt.
Ltd., to enable distribution of its insurance products at Oxigen retail outlets.IndiaFirst Life Insurance
Company Limited will offer PoS Insurance Khata. This product enables a customer to increase his life
cover and create savings in a ways that suits his budget.
• On 4th July 2018, the government increased the minimum support price (MSP) for paddy by a record Rs
200 per quintal amounting it to Rs 1,750 per quintal.Home Minister Rajnath Singh said that, the cabinet
has approved the MSP of 14 kharif (summer-sown) crops for the 2018-19 season.
• ICAT has issued the first BS-VI certification for a heavy duty engine model for M/s Volvo Eicher
Commercial Vehicle Limited.The engine was developed and manufactured indigenously by Volvo Eicher
in India. ICAT is the first of the new world class centers established under the National Automotive
Testing and R&D Infrastructure Project (NATRiP).
• On July 6, 2018, Reliance Industries Chairman Mukesh Ambani at the Reliance Industries' 41st Annual
General Meeting said that Reliance is India's largest payer of Goods and Services Tax
(GST), Excise and Customs Duty, and Income Tax in the private sector paying Rs.9844 crore in FY18.
• On July 6, 2018, Integral Coach Factory (ICF) of Chennai announced the launch of indigenously
manufactured semi high-speed train, code-named Train 18 in September,2018.The train has been built
in record time of 16 months which usually takes about 2 to 3 years .
• On July 6, 2018, Bharat Heavy Electricals Ltd (BHEL) is setting up a joint venture (JV) in India with the
manufacturer, Zorya Mashproekt, to overhaul turbines in India.The navy will soon have 34 warships
driven by Zorya turbines, with four turbines per vessel, adding up to 136 in-service turbines.
• On July 6, 2018, Infosys said that it has partnered with Siemens PLM Software to develop applications
and services for the open cloud-based IoT operating system called MindSphere.The partnership would
help customers to use the power of data generated by their devices and improve competitiveness in the
digital world.
AWARDS & RECOGNITION
• On 30th June 2018, artist Anjolie Ela Menon received the National Kalidas Samman in Delhi for visual
arts from the Madhya Pradesh government.She has been awarded the Kalidas Award for her sensitive
portrayal of the identity and spirit of women in her paintings.She has received the Padma Shri award &
received a doctorate from Rabindra Bharati University, recently. Artist A. Ramachandran was also
awarded the Kalidas Award.
• Himachal Pradesh has been named first among states for its performance under the Pradhan Mantri
Surakshit Matritav Abhiyan (PMSMA) in India.Union Health Minister Jagat Prakash Nadda prsesented
the award and it was received by Additional Chief Secretary, Health, BK Agarwal on behalf of Himachal
Pradesh, at an event in New Delhi.
• On 1st July 2018, former Indian cricket captain Rahul Dravid and Australian Ricky Ponting have been
inducted into the ICC Cricket Hall of Fame for their achievements in international cricket, at an event in
Dublin, Ireland.
• Milan Shankar Tare, a fisherman of Palghar district, Maharashtra, has been selected for 2018 National
Maritime Search and Rescue Award.The National Maritime Search and Rescue Award honours his brave
act at sea and selfless duty with the highest traditions of maritime fraternity.
• On 4th July 2018, Minister of State (Independent Charge), Micro, Small and Medium Enterprises Giriraj
Singh distributed the Swachhata Awards 2018 of MSME Ministry at Pravasi Bharatiya Kendra in New
Delhi.Ministry of Micro Small and Medium Enterprises (MSME) celebrated Swachhata Pakhwada from
16th to 30th June 2018.
9|Page
• On 1st July 2018, Major General VD Dogra became the first serving Indian Army officer and the only
General in the world to have completed ‘Ironman’ competition held in Austria.The Ironman is an
international triathlon comprising 3 consecutive events: 3.8 km of swimming, 180 km cycling and 42.2
km of running (a full marathon).
• On 6th July 2018, National Human Rights Commission (NHRC) announced Bansi Lal Ketki of Mumbai,
Maharashtra bagged the first prize of Rs 50,000 and a certificate in the logo design contest. Tabrej
Qureshi of Chhindwara, Madhya Pradesh won the first prize in the slogan/tagline contest.His tagline
was: 'Awaaz Aapke Adhikar Ki' and slogan was: 'Desh may vikas ki aayge bahar, jab hoga surakshit
manav adhikar'. He will receive a prize of Rs 20,000 and a certificate.
• Dr. Tapan Kumar Chand, CMD, NALCO, received Knowledge Excellence Award from Secretary, Ministry
of Mines, Anil Gopishankar Mukim, for Outstanding Contribution in Aluminium Knowledge domain, at
the 22nd International Conference on Non-Ferrous Minerals and Metals 2018 at Ranchi, Jharkhand.
APPOINTMENTS & RESIGNS
• On 29th June 2018, Imran Khwaja, Mahinda Vallipuram and Tony Brian were elected as the associate
member directors on the International Cricket Council (ICC) board at the ICC annual conference.The
newly-elected directors will be on the ICC board for a term of 2 years. They were elected by the voting
associate members of ICC and the regional representatives.
• The Democratic National Committee (DNC) of United States has appointed Indian American Seema
Nanda as its new CEO.She has become the first Indian American to be appointed as operational head of
a major American political party.
• On July 2, 2018, The Banks Board Bureau (BBB) has recommended 15 executive directors to be
elevated as managing directors (MD) at various public sector banks.The panel was headed by former
Department of Personnel and Training Secretary B P Sharma.
Name Earlier post Appointed as Bank
Anushula Kant Deputy Managing managing director SBI
Director and CFO
B Sriram Managing Director MD and CEO IDBI
(SBI)
Padmaja Chunduru Deputy Managing Managing Directors SBI
Karnam Sekar Director
Mrutyunjay
Mahapatra
Pallav Mohapatra
J Packirisamy
C V Nageswar
Gopal Murli Bhagat Executive Directors Corporation
Bank
P V Bharathi Canara Bank
Atul Kumar Goel Union Bank of
India
S Harisankar Allahabad Bank
Ashok Kumar United Bank of
Pradhan India
CH S S Syndicate Bank
Mallikarjuna Rao
M K Bhattacharya Indian Bank
A S Rajeev
• On July 2, 2018, The country's largest lender, State Bank of India (SBI) has selected Arijit
Basu as Managing Director of the bank.He will be in charge of commercial credit and IT, and will also
hold additional charge of stressed assets resolution group.He will fill in the post vacated by Rajnish
Kumar, who has been elevated as the chairman of the bank.
• Harmeet Singh has become the first Sikh man to be hired as an anchor by a news channel in
Pakistan.Recently, Manmeet Kaur had become the first female Sikh reporter of Pakistan.
• Bank of Maharashtra (BoM) MD and CEO Ravindra Marathe and executive director R K Gupta have been
divested of all their functional responsibilities with immediate effect.Another Executive Director A.C.
Rout has been given the responsibilities of MD and CEO of Bank of Maharashtra.
10 | P a g e
• On 30th June 2018, United India Insurance Company announced that it has appointed K B Vijay Srinivas
as its Director and General Manager with effect from 1st July 2018.Before this, K B Vijay Srinivas was
serving as Chief Marketing Officer and General Manager of National Insurance Company Ltd.
• On July 1,2018, Andres Manuel Lopez Obrador won Mexico’s presidency with the widest margin in a
presidential election since the 1980s.He replaced President Enrique Peña Nieto.
• On 30th June 2018, Saraswati Prasad was appointed the new chairman and managing director (CMD) of
SAIL (Steel Authority of India Limited).He succeeds incumbent CMD P K Singh who has retired. P K
Singh assumed office as SAIL chairman in 2015. Earlier, he was the chief executive officer of SAIL's
Durgapur Steel Plant.
• P K Shrivastava took charge as the new director general and chairman of the Ordnance Factory Board
(OFB) with effect from 1st July 2018. Earlier,he was the additional director general of ordnance factories
and member of OFB.
• On July 2, 2018, Delhi & District Cricket Association (DDCA) on its polls for the post of president
elected Senior journalist Rajat Sharma as its president.Hecis currently the Chairman and Chief Editor of
Hindi news channel INDIA TV.He was conferred with Padma Bhushan award in 2016.
• On 2nd July 2018, the Payments Council of India announced that, it has appointed Vishwas Patel as its
new Chairman.He replaces Naveen Surya, who has been promoted as Chairman Emeritus.He was
serving as Co-Chairman of Payments Council of India.Loney Antony, Managing Director, Hitachi
Payment Services has been appointed the new Co-Chairman of Payments Council of India.
• On 3rd July 2018, Uttam Dhillon, an Indian-American White House lawyer, took charge as Acting
Director of the Drug Enforcement Agency (DEA), United States.He succeeds Robert Patterson. Robert
Patterson retired recently.
• UN Secretary-General Antonio Guterres has appointed a Uruguay Army general Major General Jose
Eladio Alcain as the chief military observer of the UN Military Observer Group in India and Pakistan
(UNMOGIP).He will succeed the incumbent UNMOGIP chief Major General Per Gustaf Lodin of Sweden.
• On 2nd July 2018, journalist Rajat Sharma was elected the President of Delhi & District Cricket
Association (DDCA).The DDCA elections were conducted between June 27 and June 30, 2018.
Rakesh Kumar Bansal was elected as the Vice President with 48.87% votes. Former sports committee
head Vinod Tiharawith 1374 votes became secretary.
• Justice L Narasimha Reddy has been appointed the Chancellor of the University of Hyderabad (UoH) by
President Ram Nath Kovind.Justice L Narasimha Reddy is the former Chief Justice of the Patna High
Court. He retired as the Chief Justice of the Patna High Court in July 2015.
• Wipro has promoted its head of digital business Rajan Kohli as a president.He has joined 7 other
presidents of Wipro now. He will report to chief executive Abidali Neemuchwala.
He will continue as the global head of Wipro Digital. Wipro also promoted 4 other executives as senior
vice presidents.
• The Muthoot Pappachan Group has named actress Vidya Balan as its brand ambassador.Vidya Balan has
been appointed the brand ambassador for 2 years. The Muthoot Pappachan group will launch a new ad
campaign, including TV commercials.
• Justice Adarsh Kumar Goel has been appointed the chairperson of National Green Tribunal.Justice
Adarsh Kumar Goel retired as Supreme Court judge on 6th July 2018.He had also served as executive
chairman of the Haryana State Legal Services Authority.
• On July 7, 2018, Shareholders of Reliance Industries have approved giving Mukesh Ambani another five
years as the Chairman and Managing Director of the company.As many as 50,818 crore (98.5 %) shares
out of a total share base of 616.45 crore voted on the resolution of his appointment taken during
the 41st annual general meeting held on July 5,2018 in Mumbai.

11 | P a g e
ACQUISITIONS & MERGERS

• Manappuram Finance has agreed to buy 85.39 % stake in Indian School Finance (ISFC) for more Rs 212
crore.ISFC lends to educational institutions like private schools, vocational colleges and institutes,
coaching centres etc. to build infrastructure.
SCIENCE & TECHNOLOGY
• India is currently in the process of inducting the first batch of its intercontinental ballistic missile
system Agni-V.Agni-V will bring targets across China within its range. Agni-V missile system has a strike
range of 5,000 km.The air-launched variant of the Brahmos is the world's fastest supersonic cruise
missile.
• Deepak Mathur, Executive Vice-President, Global Sales at SES Video, said that, the successful launch of
SES-12 satellite recently will help India's direct-to-home (DTH) TV market. SES-12 is designed with
advanced wide beams and high throughput beams. It was successfully launched onboard a SpaceX
Falcon 9 rocket from Cape Canaveral in Florida, US, in June 2018.
• On July 3, 2018, Fleet Space Technologies, an IoT (Internet of Things) startup, disclosed last week that
its first 10-kg nano-satellite Centauri I would fly to space on a PSLV later this year.Co-founder and CEO
Flavia Tata Nardini said that it is developing a series of 10-kg nano-satellites about the size of a shoe
box
• On 2nd July 2018, Indigenous fighter aircraft Tejas of No 45 Squadron 'The Flying Daggers' formally
started operations from the Air Force Station at Sulur near Coimbatore, Tamil Nadu, under Group
Captain S Dhankhar.The 'No 45 Squadron' was involved in training aircrew. It will now take care of
operations and maintenance of Tejas under Group Captain S Dhankhar.
• On 25th June 2018, US Food and Drug Administration (FDA) for the first time approved the use
of Epidiolex, an oral solution made from marijuana, for the treatment of seizures related to 2 rare and
severe forms of epilepsy.
• On July 3, 2018, Natco Pharma announced that they have launched fixed dose combination
of Sofosbuvir-Daclatasvir tablets for the treatment of Hepatitis C under the brand name Hepcinat Plus,
in India.The product is a generic fixed dose combination of Sofosbuvir 400 mg and Daclatasvir
60mg tablets.
• Scientists of Commonwealth Scientific and Industrial Research Organisation (CSIRO), Australia have
identified the gene that strengthens the human immunity system.This gene plays a major role in
regulating the body's immune response to infection including cancer and diabetes.The gene has not yet
been named. It is currently referred to as C6 or f106.
• The Indian Space Research Organisation (ISRO) has announced that, the first 'pad abort' test was
performed successfully on 5th July 2018 at the Satish Dhawan Space Centre, Sriharikota.The PAT (pad
abort test) is the first in a series of tests to qualify a crew escape system technology of a manned
mission in the future.
• Scientists of the University of Warwick have produced a new method of microscopy that enables to
view proteins under human cells.Scientists have procured a tagging device called FerriTag. FerriTag
utilizes a protein shell used to contain iron cells in human bodies.
• NASA's Parker Solar Probe, the mission that aims to get the closest to the Sun than ever by any human-
made object has got its revolutionary heat shield “Thermal Protection System or TPS” permanently
attached to the spacecraft.
• On July 7, 2018, Drug firm Zydus Cadila announced that got tentative nod from the US health regulator
USFDA to market Deferasirox tablets for oral suspension.The tablet is used to treat high levels of iron in
the body caused by multiple blood transfusions or non-transfusion-dependent thalassemia.
ENVIRONMENT
• The National Board for Wildlife (NBWL) has approved to include 4 species: Northern River Terrapin
(riverine turtle), Red Panda, Clouded Leopard and Arabian Sea Humpback Whale in the recovery
programme for critically endangered species.
• Scientists have warned that, rising sea levels would cost $14 trillion worldwide annually by
2100.Scientists have warned that failing to limit global warming to 2 degree Celsius will lead to global
economic consequences.
12 | P a g e
SPORTS
• The 58th National Inter-State Senior Athletics Championships (NISSAC),was held at the Sarusajai Sports
Complex in Guwahati, Assam from June 26 to June 29.It had 52 events for men and women.Click here to
read more.
• On 30th June 2018, India won the six-nation Kabaddi Masters Dubai title in Dubai.India defeated Iran
44-26 in the finals and became champions of the six-nation Kabaddi Masters Dubai.
• On 1st July 2018, Red Bull’s Max Verstappen won the Austrian Grand Prix in Austria.Ferrari's Kimi
Raikkonen finished in the second spot. Following him Ferrari’s Sebastian Vettel finished in the third
spot.
• From 26th June to 1st July 2018, the 2018 Malaysia Open, officially named the CELCOM AXIATA Malaysia
Open was held at Axiata Arena in Kuala Lumpur, Malaysia. Total Prize money of the tournament was
$700,000.
Winners of the 2018 Malaysia Open:
 Men's Singles - Lee Chong Wei (Malaysia)
 Women's Singles - Tai Tzu-ying (Chinese Taipei)
 Men's Doubles - Takeshi Kamura, Keigo Sonoda (Japan)
 Women's Doubles - Misaki Matsutomo, Ayaka Takahashi (Japan)
 Mixed Doubles - Zheng Siwei, Huang Yaqiong (China)
• On 1st July 2018, Australia won the Champions Trophy hockey 2018 in Breda, the Netherlands.Australia
won their 15th gold medal at Champions Trophy. India won their second silver medal. In the 2016
edition also, India had lost to Australia and settled for silver medal.
• International Cricket Council (ICC) has introduced stricter sanctions for ball-tampering.Tampering with
the ball will be now penalized with a ban of up to 6 Tests or 12 ODIs.ICC also added obscenity and
personal abuse to the list of offences to bring better behaviour on the field.
• On 4th July 2018, the anti-doping disciplinary panel of NADA gave a 4 year suspension to shot
putter Inderjeet Singh for testing positive for anabolic steroids in a dope test before the 2016 Rio
Olympic Games.But he was provisionally suspended on 26th July 2016 after he tested positive for
banned substances: androsterone and etiocholanolone.
• Rani Rampal will lead the Indian women’s hockey team at the Asian Games that will be held in
Indonesia from 18th August to 2nd September 2018.Goalkeeper Savita has been named the vice captain.
Rajani Etimarpu has been made the reserve goalkeeper.Indian women’s hockey team for Asian Games:
 Goalkeepers: Savita (Vice-Captain), Rajani Etimarpu
 Defenders: Deep Grace Ekka, Sunita Lakra, Deepika, Gurjit Kaur, Reena Khokhar
 Midfielders: Namita Toppo, Lilima Minz, Monika, Udita, Nikki Pradhan, Neha Goyal
 Forwards: Rani Rampal (Captain), Vandana Katariya, Lalremsiami, Navneet Kaur, Navjot Kaur.
• On 5th July 2018, Bajrang Punia won gold medal in the 65kg category at the Tbilisi Grand Prix in
Georgia.Bajrang Punia defeated Iranian wrestler Mehran Nasiri in the finals and won gold medal in
the 65kg category.
Shardul Thakur will replace Jasprit Bumrah in India's One-Day International squad for the upcoming
ODI series against England.This decision was made by All-India Senior Selection Committee after Jasprit
Bumrah injured his left thumb during the first Twenty-20 International match against Ireland in Dublin.
• On 5th July 2018, The Law Commission recommended that gambling and betting on sports, including
cricket, to be allowed as regulated activities taxable under the direct and indirect tax regimes and used
as a source for attracting foreign direct investment (FDI).The commission's report, Legal Framework:
Gambling and Sports Betting including Cricket in India has recommended various changes in the law for
regulating betting and generating tax revenues from it.
• On 7th July 2018, cricketer Mahendra Singh Dhoni reached the milestone of playing 500 international
matches during the second T20 International against England. Mahendra Singh Dhoni has become the
3rd Indian after Sachin Tendulkar (664) and Rahul Dravid (509) to reach this milestone of playing 500
international cricket matches.
OBITUARY
• On 2nd July 2018, former chief of naval staff Admiral JG Nadkarni died at naval hospital in Mumbai.He
was the Navy chief from December 1987 to November 1990.He was the 14th Chief of Naval Staff. He
was the founding member of the Maritime History Society.
13 | P a g e
• On 3rd July 2018, Rajmata of the erstwhile Marwar principality and former MP, Krishna Kumari, passed
away following a heart attack in Jodhpur, Rajasthan.She was born in 1926. She was the princess of
Dharangdhra in Gujarat.
• On 29th June 2018, French-Italian actress Liliane Montevecchi, died after fighting colon cancer, at her
residence in Manhattan, United States.She entered Hollywood in the 1950s. In 2013, she was honored
by the French Minister of Culture as an "Officer of Arts and Culture" to France and the world.
• On 7th July 2018, popular Kumaoni folk singer Kabutari Devi died following a heart attack, at a hospital
in Uttarakhand.Her songs expressed the struggles in the life of Pahari women.
IMPORTANT DAYS
• On July 2018, National Doctors' Day was celebrated.In 1991, the Indian government declared July 1
1st
as National Doctors day. This day marks the birth and death anniversary of the most famous physician
of India Dr. Bidhan Chandra Roy (Dr. B C Roy).He had received the Bharat Ratna Award in 1961. He was
the second Chief Minister of West Bengal.The theme for Doctors' Day 2018 as: 'zero tolerance to
violence against doctors and clinical establishment'.
• On 1st July 2018, International Joke Day was celebrated all over the world.International Joke Day is said
to have officially started in the United States. The first joke is often attributed to the Greeks.
• On 1st July 2018, Indian Government celebrated the 1st Anniversary of the Goods and Services Tax
(GST) as GST day.Four Laws called CGST Act, UTGST Act, IGST Act and GST (Compensation to States) Act
were passed by the Parliament and were notified on 12th April 2017.
• On 2nd July 2018, World Sports Journalists Day was celebrated all over the world.World Sports
Journalists Day was established by the International Sports Press Association (AIPS) in 1994 to mark
the 70th anniversary of its foundation.The International Sports and Press Association (AIPS) was
formed in 1924 during the Paris Summer Olympics.
• On 2nd July 2018, World UFO (Unidentified Flying Objects) day was observed all over the world.The first
World UFO Day was celebrated in 2001.This day is celebrated to create awareness about the existence
of UFO’s.
• On 3rd July 2018, the 50th Foundation Day celebration of Water and Power Consultancy Services
(WAPCOS) will be held at Pravasi Bhartiya Kendra, New Delhi.It does consultancy assignments in
countries of Asia, Africa, Middle East, and the Pacific Islands. It operates in over 45 countries.
• On 4th July 2018, the 242nd America Independence Day was celebrated in the United States.This day is
celebrated every year as America Independence Day. This day is a federal holiday in the United
States.The 13 colonies were: New Hampshire, Massachusetts, Rhode Island and Providence,
Connecticuit, New York, New Jersey, Pennsylvania, Delaware, Maryland, Virginia, Carolina, Georgia.
• On 7th July 2018, World Chocolate Day was celebrated all over the world.World Chocolate Day is
celebrated every year on 7th July 2018. This day is said to be commercially celebrated since 2009.
• On 7th July 2018, International Co-operative Day or International Day of Co-operatives was observed
throughout the world.The theme for International Day of Cooperatives 2018 is: "sustainable
consumption and production of goods and services".The Slogan is: Sustainable societies through
cooperation.
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