12 July 2019 - Daily Current Affairs

12 July 2019 - Daily Current Affairs

12 July 2019 - Daily Current Affairs

1. Vikas Swarup appointed Secretary of Overseas Indian Affairs

  • According to an order issued by the Personnel Ministry, Senior diplomat Vikas Swarup (1986-batch officer-Indian Foreign Service) has been appointed as Secretary, (consular, passport, visa and Overseas Indian Affairs) in the External Affairs Ministry,
  • His appointment will come into effect from August 1, 2019.
  • Currently, Mr. Swarup is India's High Commissioner to Canada.
  • The Ministry of Overseas Indian Affairs (MOIA) was a ministry of the Government of India, dedicated to all matters relating to the Indian diaspora around the world
  • The MOIA was merged with the Ministry of External Affairs on 7th January 2016.
National Affairs

2. Election notification issued for Vellore Lok Sabha seat

  • Notification for the election of Vellore Parliamentary Constituency (in Tamil Nadu) was issued by the Election Commission of India.
  • Vellore was the only seat that did not go for polling in the whole country during the General Elections.
  • During the recent General Elections, polling to the seat was rescinded following a huge haul of money by the Income Tax authorities that were hoarded purportedly for distribution to the voters.
  • Nominations date:  18th July 2019.
  • Polling date:  5th of August.
  • Counting of votes: 9th August.

3. Govt task force to draw up USD 110-bn mobile export business blueprint

  • The Union Government will set up a secretary-level task force to figure out how to create a USD 110-billion mobile phone export business from India.
  • The task force will be headed by NITI Aayog Chief Executive Officer (CEO) Amitabh Kant.
  • The Prime Minister’s Office (PMO) has suggested the secretaries should form a policy that eliminates India’s weakness vis-à-vis other Asian countries.
  • The current global market for mobile handsets and their components of about USD 485 billion.
  • Almost all these exports are concentrated among the top five companies from their manufacturing bases strewn around China, South Korea, and Vietnam.
  • The National Policy on Electronics 2019 has set a manufacturing target at USD 400 billion by 2025.
  • To put those numbers into perspective, India’s total exports of all goods was $330 billion in FY19, a growth of 8.75 per cent YoY.
Source: Business Standard

4. Delhi Based Isha Kanth Selected for ICJ Internship Programme

  • Delhi girl Isha Kanth (20-year) has been selected for the prestigious two-month internship at the International Court of Justice (ICJ) based at The Hague.
  • Only two law students from across the world get selected for this internship programme.
  • Currently, Isha Kanth pursuing a bachelor’s degree in Law from the Queen Mary University of London.
  • The ICJ (the principal judicial organ of the United Nations) offers internships for one to three months to students and young professionals who are in the early stages of their careers.
  • The interns get an opportunity to put their knowledge and experience into practice while performing certain tasks for the Court under the supervision of registry officials.
Source: Indian Express

5. India-ASEAN Troika Trade Ministers’ meeting in New Delhi

  • India - ASEAN Troika Trade Ministers’ meeting was held in New Delhi for informal consultation on the ongoing Regional Comprehensive Economic Partnership (RCEP).
  • India looks at RCEP as a logical extension of its Act East Policy and it holds enormous potential for economic growth and stability for the entire region.
  • The Regional Comprehensive Economic Partnership (RCEP) is a proposed free trade agreement (FTA) between the ten member states of the Association of Southeast Asian Nations (ASEAN) (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam) and the six Indo-Pacific states (China, Japan, South Korea, India, Australia and New Zealand).
Source: PIB

6. Uttarakhand to get Asia’s first six sigma Institute of Mountain Medicines & high-altitude rescue

  • According to Trivendra Singh Rawat (Uttarakhand Chief Minister), Asia’s first Six Sigma Institute of Mountain Medicines and High-Altitude Rescue will be established at Rudraprayag in Uttarakhand.
  • The institute would train armed forces as well as para-military personnel in Mountain Medicines.
  • The mountain institute will be Specialised healthcare, advance education and Rescue Training in the state.
Source: AIR News

7. President Kovind to be on a four-day visit to TN, AP

  • President Ram Nath Kovind will be on a four-day visit to Tamil Nadu and Andhra Pradesh from today.
  • The President will present Doctor of Laws degree to former Chief Justice of India (CJI) Justice (Retd) P. Sathasivam (Governor of Kerala).
  • He will also present the degree to Justice Sharad Arvind Bobde (Supreme Court judge) and Justice Vijaya Kamlesh Tahilramani (Chief Justice of Madras High Court) at a special convocation of the Tamil Nadu Dr Ambedkar Law University in Chennai.
  • The President will visit the Satish Dhawan Space Centre in Sriharikota and witness the launch of Chandrayaan-2 lunar mission being undertaken by the ISRO.
Source: AIR News

8. India, EU hold high-level talks on migration, mobility

  • The 5th India-EU High-Level Dialogue on Migration and Mobility was held in New Delhi.
  • External Affairs Ministry said in a release said the discussion was held in a highly friendly and constructive spirit.
  • It encompassed a wide range of issues of mutual interest in the context of migration and mobility along the India-EU corridor.
  • Both sides reaffirmed that migration and mobility are important dimensions of the strategic partnership between India and EU and exchanged views on further initiatives and steps aimed at realizing the full potential of further strengthening cooperation in this area.
Source: DD News

9. India-US trade talks restart in New Delhi today

  • India and US trade negotiators will hold talks in New Delhi to discuss bilateral and economic issues.
  • The US delegation is being led by Assistant U.S. Trade Representative for South and Central Asia, Christopher Wilson.
  • The Indian side is being led by Additional Secretary level officer from Commerce and Industries Ministry.
  • This would be the first meeting on trade issues after the meeting of Prime Minister Narendra Modi with US President Donald Trump in Japan on the sidelines of the G20 summit.
  • The visiting USTR delegation will also call on Commerce and Industry Minister Piyush Goyal.
Source: AIR News
International Affairs

10. World’s Largest Movable Metal Dome Unveiled in Ukraine

  • The world's largest movable metal structure has been unveiled as the covering for the destroyed reactor at Ukraine's Chernobyl nuclear power plant.
  • Volodymyr Zelenskiy (President of Ukraine) along with his European partners formally inaugurated a new metal dome called as New Safe Confinement.
  • The new Safe Confinement shelters the remains of the Reactor No. 4 of Chernobyl nuclear power plant that exploded and burned on April 26, 1986.
  • The 1.7 billion was paid through a special fund launched by the European Bank for Reconstruction and Development (EBRD) and sponsored by 45 countries.
Source: News Week
Banking & Finance

11. UBS pegs down GDP growth to 6.7%, rules out revival this year

  • According to Swiss brokerage firm UBS, India’s GDP growth rate for FY20 (2019-20) predicted at 6.7%.
  • This is 20 bps less than its earlier prediction of 6.9%.
  • As per UBS, India’s GDP growth rate in FY19 was 6.8%.
  • The brokerage expects the Reserve Bank to ease the policy rate by another 75 basis points as against its previous forecast 25 basis points in FY20.
  • The lack of fiscal impetus in the budget opens the door for higher monetary easing than market expectations.
Source: Money Control

12. PAN not linked to Aadhaar card will become invalid from 1st September 2019

  • The Union government will invalidate all PAN cards that are not linked to Aadhaar by 1st September 2019.
  • To validate and continue using the existing PAN cards, citizens will have to link them to Aadhaar.
  • A person will be permitted to use Aadhaar instead for filing returns and while making other high-value transactions, specified under the Income Tax Act.
  • At present 180 out of the existing 400 million PAN cards are not linked to Aadhaar.
  • The Budget fine print also reveals the amended I-T Act would put the onus on the person receiving any document relating to specified high-value transactions or tax returns, to ensure that the PAN or the Aadhaar number are duly quoted, and as importantly “authenticated”.
Source: Business Standard

13. ICC World Cup: England beat Australia by 8 wickets to enter Final

  • In the ICC Cricket World Cup, England stormed into the final after beating defending champions Australia by eight wickets in the second semi-final at Birmingham, UK.
  • Electing to bat first, five-time world champions Australia were bowled out for 223 in 49 overs.
  • England chased down the victory target of 224 runs in 32.1 overs.
  •  Now, England will face New Zealand in the final at Lord's on Sunday.

14. Dutee Chand bags Gold medal in 100-metres event at World Universiade

  • India's sprinter Dutee Chand (23-years) has clinched a Gold medal in the 100-metre dash event at the World Universiade at Napoli in Italy.
  • She clocked 11.32 seconds as she led the race from start to finish.
  • Del Ponte of Switzerland won the Silver, while German Lisa Kwayie took home the Bronze.
  • With the Gold, Dutee has become the first Indian woman track and field athlete to win the coveted yellow metal at the event.
  • Now, she is the only second Indian sprinter to win a Gold in a global event after 19-year old Hima Das.
  • Hima Das had clinched the top spot in the 400-metres race in the World Junior Athletics Championships last year.
Source: AIR News

15. Indian Weightlifters win four gold in Commonwealth C'ships in Samoa

  • In Weightlifting, Youth Olympics gold medallist ‘Jeremy Lalrinnunga’ (16-years) smashed three records in a power-packed performance but failed to register a clean and jerk lift on day three at the Commonwealth Championships in Apia, Samoa.
  • In a remarkable performance Jeremy, competing in the 67 kg category, obliterated the Youth World, Asian and Commonwealth records in the snatch category with a lift of 136 kgs.
  • Other Indian lifters continued the impressive show by winning four golds, two silvers and a bronze.
  • Achinta Sheuli lifted a total of 305 kgs to win the senior and junior men's 73kg gold.
  • In the women's 76kg category, Manpreet Kaur lifted 207 kg to clinch the gold medal.
Source: AIR News 

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