July 2022 Daily News Current Affairs

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Jul 31, 2022

UEFA Women's Euro Soccer 2022 (Hosted by England) -
1. England won the title (their 1st title), defeating Germany in Final.
2. Noted Players -
  1. Most Goals - Beth Mead (England) & Alexandra Popp (Germany) (6 goals each)
  2. Best player - Beth Mead (England)
Visits from India (Jul 2022) -
1. Army Chief Manoj Pande visited Bangladesh and Bhutan.
2. Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar visited UK.
3. Minister of Parliamentary Affairs, Coal and Mines, Pralhad Joshi visited Australia.
Visits to India (Jul 2022) -
1. Bhutan's Minister of Economic Affairs, Loknath Sharma visited India.
2. COP 26 President Alok Sharma visited India.
  1. During his visit, NITI Aayog today launched E-AMRIT (Accelerated e-Mobility Revolution for India's Transportation) mobile application to raise awareness on electric mobility and Report on Advanced Chemistry Cell Battery Reuse and Recycling Market in India.
  2. Alok Sharma is a British politician serving as President for COP26 and a Minister for the Cabinet Office since 2021.
July 31 is observed as World Ranger Day,to mark founding day of International Ranger Federation (IRF) on this day in 1992.
General Conferences (Jul 21-31, 2022) -
1. Ministry of Power and New & Renewable Energy observed Ujjwal Bharat Ujjwal Bhavishya – Power @2047 initiative of Central govt, under Azadi ka Amrit Mahotsav, between 25th to 30th July 2022.
2. Chhattisgarh Women Commission hosted Mukhyamantri Mahtari Nyay Rath Yatra, on Hareli Tihaar festival, to educate state’s women about their constitutional rights and laws.
3. First All India District Legal Services Authorities Meet held in New Delhi.

Red Bull's Max Verstappen (Belgian-Dutch) won Hungarian Formula One Grand Prix 2022.

F1 Season 2022 -

Grand Prix	Winner	Race date
Bahrain Grand Prix	Ferrari's Charles Leclerc (Monaco)	20 March
Saudi Arabian Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	27 March
Australian Grand Prix	Ferrari's Charles Leclerc (Monaco)	10 April
Emilia Romagna Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	24 April
Miami Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	8 May
Spanish Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	22 May
Monaco Grand Prix	Red Bull's Sergio Pérez (Mexico)	29 May
Azerbaijan Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	12 June
Canadian Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	19 June
British Grand Prix	Ferraris' Carlos Sainz (France)	3 July
Austrian Grand Prix	Ferrari's Charles Leclerc (Monaco)	10 July
French Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	24 July
Hungarian Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	31 July
Belgian Grand Prix		28 August
Dutch Grand Prix		4 September
Italian Grand Prix		11 September
Singapore Grand Prix		2 October
Japanese Grand Prix		9 October
United States Grand Prix		23 October
Mexico City Grand Prix		30 October
São Paulo Grand Prix		13 November
Abu Dhabi Grand Prix		20 November

Jul 30, 2022
1. July 30 is observed as UN World Day Against Trafficking in Persons, proclaimed by UN General Assembly in 2013. 2022 theme is Use and abuse of technology.
  1. July 30 is also birth anniversary of Muthulakshmi Reddi, India's first female legislator and also known as a woman of many firsts. Tamil Nadu Government declared that every year hospitals will celebrate her birth anniversary as ‘Hospital Day.'
2. PM Narendra Modi launched several notable projects during culmination of Ujjwal Bharat Ujjwal Bhavishya – Power @2047 event.
  1. Launched Ministry of Power’s flagship Revamped Distribution Sector Scheme, aimed at improving operational efficiencies and financial sustainability of Distribution Companies, With outlay of 303758 crores over 5 years (FY 2021-22 to 2025-26).
    1. The scheme aims to provide financial assistance to DISCOMs for modernization and strengthening of distribution infrastructure, aiming at improvement of the reliability and quality of supply to end consumers.
  2. Launched national Rooftop solar portal, which will enable online tracking of installation of rooftop solar plants. Estimated capacity under the national solar rooftop program is 4000 MW.
  3. Dedicated and laid foundation stone of various green energy projects of NTPC worth over Rs 5200 crores.
    1. Launched 100 MW Ramagundam Floating Solar Project in Telangana and 92 MW Kayamkulam Floating Solar Project in Kerala.
    2. Laid foundation stone of 735 MW Nokh Solar Project in Rajasthan, Green Hydrogen Mobility Project in Leh and Kawas Green Hydrogen Blending with Natural Gas project in Gujarat.
  4. About the event -
    1. Ministry of Power and New & Renewable Energy observed Ujjwal Bharat Ujjwal Bhavishya – Power @2047 initiative of Central govt, under Azadi ka Amrit Mahotsav, between 25th to 30th July 2022.
3. Telecom Firm Vodafone Idea named Akshay Moondra as its CEO.
Jul 29, 2022
1. PM Narendra Modi visited Gujarat & Tamil Nadu -
  1. Gujarat -
    1. Visited Sabar Dairy and inaugurate and laid foundation stones of multiple projects worth more over 1000 crores.
      1. Sabar Dairy is a part of Gujarat Cooperative Milk Marketing Federation (GCMMF), which operates milk products brand Amul.
    2. Visited Gujarat International Finance Tec-City (GIFT City) and launched several initiatives -
      1. Laid foundation stone of IFSCA (International Financial Services Centres Authority) Headquarters building.
      2. Launched India International Bullion Exchange (IIBX), India’s first International Bullion Exchange in GIFT-IFSC. IIBX will facilitate efficient price discovery with assurance of responsible sourcing and quality, apart from giving impetus to financialisation of gold in India.
      3. Launched NSE IFSC-SGX Connect. Under this, all orders on NIFTY derivatives placed by members of Singapore Exchange Limited (SGX) will be routed to and matched on NSE-IFSC order matching and trading platform.
  2. Tamil Nadu -
    1. Declared open the 44th Chess Olympiad at JLN Indoor Stadium (Chennai).
      1. PM had earlier launched first-ever Chess Olympiad Torch Relay at Indira Gandhi National Stadium in New Delhi on June 19, 2022.
      2. The torch travelled to 75 iconic locations in country, traversing approx 20000 kilometres and culminating in Mahabalipuram, before heading over to FIDE Headquarters (Switzerland).
      3. 44th Chess Olympiad will be held in Chennai from July 28 to August 9, 2022.
      4. This competition, which has been organised since 1927, is being hosted in India for the first time and in Asia after 30 years.
      5. With 187 countries participating, this will be the largest participation in any Chess Olympiad.
2. July 29 is observed as World Tiger Day. It was proclaimed in 2010 at Saint Petersburg Tiger Summit in Russia where signatories declared an agreement that the governments of tiger populated counties would double tiger population by 2022, termed as TX2.
  1. As per latest data, number of tigers globally has increased from 3200 in 2015 to 4500 in 2022.
  2. In 2018, Nepal became first country to double tiger population. India also doubled tiger population in 2018.
  3. As per 4th All India Tiger Estimation 2018 (Released in 2019)-
    1. India has 70 % of world’s tiger population.
    2. Number of Tiger reserves in India has reached 52, up from 9 in 1973 (latest being Ramgarh Vishdhari in Rajasthan). Earlier 3 Tiger estimation reports were released in 2006, 2010, 2014.
    3. Count of tigers in India rose to 2967 in 2018. Count grew from 1,411 in 2006 to 2,226 in 2014 and to 2,967 in 2018.
    4. Top 5 States - Madhya Pradesh (526), Karnataka (524), Uttarakhand (442), Maharashtra (312) and Tamil Nadu (264).
  4. Notably, India’s 14 Tiger Reserves received Global CA/TS recognition for good Tiger Conservation standards.
3. Agriculture Minister Narendra Singh Tomar launched Eleventh Agricultural Census (2021-22).
  1. Agriculture Census is conducted every 5 years, which is being undertaken now after delay due to pandemic.
  2. For the first time, data collection for agricultural computations will be done on smartphones and tablets.
4. RBI announced Digital Payments Index for March 2022, which stands at 349.30, as against 304.06 for September 2021.
  1. RBI had earlier announced a composite RBI – Digital Payments Index (RBI-DPI), with March 2018 as base, to capture extent of digitisation of payments across country.
5. Earth broke its record for shortest day on July 29, 2022, completing its entire rotation in 1.59 milliseconds shorter than regular 24 hours.
  1. Earlier record was held by July 19, 2020; when Earth completed its rotation in a time 1.47 milliseconds lesser than a standard 24-hour day.
  2. This shows that Earth has recently been rotating faster than earlier years.
  3. Why are scientists worried -
    1. If Earth continues to rotate at a faster pace, it could lead to introduction of the negative leap second to keep the rate at which the Earth orbits the Sun consistent with measurement from atomic clocks.
    2. Negative leap second could potentially create a devastating effect for IT systems and software and GPS satellites relying on the clock.
Jul 28, 2022
1. Department of Administrative Reforms and Public Grievance (DARPG) has announced to reduce public grievance redressal timeline from 45 days to 30 days.
2. July 28 is observed by World Health Organization as World Hepatitis Day. 2022 theme is I can’t wait.
  1. July 28 is also observed as World Nature Conservation Day.
3. Indian Navy took delivery of Indigenous Aircraft Carrier (IAC) Vikrant, from Cochin Shipyard Limited (CSL).
  1. It has been Designed by Indian Navy's inhouse Directorate of Naval Design (DND) and built by CSL, as successor of India's similar named Aircraft Carrier INS Vikrant.
    1. INS Vikrant was laid down as HMS Hercules for British Royal Navy during World War II, but was put on hold when the war ended.
    2. India purchased the incomplete carrier in 1957, and construction was completed in 1961.
    3. Vikrant was commissioned as first aircraft carrier of Indian Navy and played a key role in enforcing naval blockade of East Pakistan during Indo-Pakistani War of 1971.
  2. Newly built IAV Vikrant is 262 mtr long carrier has a full displacement of 45000 tonnes, which is much larger and advanced than its predecessor. It is powered by four Gas Turbines totaling 88 MW power and has a maximum speed of 28 Knots. It has been built at an overall cost of over 20000 Crores, with indigenous content of 76%.
  3. It will be commissioned into naval service on September 2, 2022.
4. As per Govt. data on FDI -
  1. Top 5 sources for FDI equity flows into India in FY22 (2021-22) - Singapore (27.01%), USA (17.94%), Mauritius (15.98%), Netherlands (7.86%) and Switzerland (7.31%).
  2. As per UNCTAD World Investment Report 2022, India has improved one position to 7th rank among top 20 FDI host economies for 2021.
  3. India received highest annual FDI inflows of USD 84.8 Bilion in FY 22 (2021-22), compared to USD 82 Billion in FY 21 (2020-21) and USD 74.4 Billion in FY 20 (2019-20).
  4. Top 5 sectors receiving highest FDI Equity Inflow during FY 22 (2021-22) - Computer Software & Hardware (24.60%), Services Sector (12.13%), Automobile (11.89%), Trading 7.72% and Construction (Infrastructure) Activities (5.52%).
  5. Top 5 States receiving highest FDI Equity Inflow during FY 22 (2021-22) - Karnataka (37.55%), Maharashtra (26.26%), Delhi (13.93%), Tamil Nadu (5.10%) and Haryana (4.76%)
Jul 27, 2022
1. Cabinet Approvals (Jul 27, 2022) -
  1. Approved MOUs -
    1. MoU between India's National Institute of Rural Development and Panchayati Raj (NIRDPR) and University of Reading (UK) for collaboration in field of agriculture and rural development in developing countries.
  2. General -
    1. Approved a project for saturation of 4G mobile services in uncovered villages across country, at cost of 26316 Crores -
      1. The project will provide 4G mobile services in 24,680 uncovered villages in remote and difficult areas.
      2. The project will include 20% additional villages on account of rehabilitation, new-settlements, withdrawal of services by existing operators etc.
      3. Also, 6279 villages having only 2G/3G connectivity, shall be upgraded to 4G.
      4. It will be executed by BSNL using Atmanirbhar Bharat’s 4G technology stack, and will be funded through Universal Service Obligation Fund.
    2. To make BSNL financially viable, Cabinet approved revival package of BSNL amounting to 1.64 Lakh Crores. Revival measures Include -
      1. Upgrading BSNL services -
        Administrative allotment of Spectrum - To improve existing services and provide 4G services, BSNL will be allotted Spectrum in 900/1800 MHz band administratively at cost of 44993 Crores through equity infusion.
        
        Financial support for capex - To promote indigenous technology development, BSNL is in process of deploying Atmanirbhar 4G technology stack. To meet projected capital expenditure for next 4 years, Government will fund capex of 22471 Crores.
        
        Viability gap funding for rural wireline operations - Government will provide 13789 Crores to BSNL as viability gap funding for commercially unviable rural wire-line operations done during 2014-15 to 2019-20.
        
        Increase in authorized capital - Authorized capital of BSNL will be increased from 40000 to 150000 Crores.
      2. De-stressing BSNL balance sheet -
        Debt structuring - Government will provide sovereign guarantee for raising long term loan, enabling BSNL to raise long term bonds for an amount of 40399 Crores.
        
        Financial support for AGR dues - To further improve balance sheet, AGR dues of BSNL amounting to 33404 Crores will be settled by conversion into equity. Government will provide funds to BSNL for settling AGR/GST dues.
        
        Re-issue of preference shares - BSNL will re-issue preference share of 7500 Crores to the Government.
      3. Augmenting BSNL fiber network
        Merger of BBNL and BSNL - To facilitate wider utilization of infrastructure laid under BharatNet, Bharat Broadband Network Ltd (BBNL) will be merged with BSNL.
  3. CCEA Approvals -
    1. Approved additional investment of USD 1600 million (about 12000 crores) by BPCL Subsidiary Bharat PetroResources Ltd. (BPRL), for development of BM-SEAL-11 Concession Project in Brazil. CCEA also approved -
      1. To increase limit of equity investment by BPCL in BPRL and Authorised Share Capital of Company from 15000 crore to 20000 crores.
      2. To authorise increase in limit of equity investment by BPRL International BV in International BV Brasil Petroleo Limitada, through intermediate WOS, to 15,000 crore from current 5000 crores.
2. On occasion of 16th Foundation Day of Ministry of Earth Sciences (MoES) -
  1. Union Minister Jitendra Singh launched a first-of-its-kind automated buoy-based coastal observation and water quality nowcasting system for the Indian Ocean, developed by Indian National Centre for Ocean Information Services (INCOIS), Hyderabad.
  2. Notably, in April 2021, Chennai-based National Institute of Ocean Technology (NIOT) crew conducted world's deepest underwater locomotion trials of an indigenously developed seabed crawler based mining machine, sending 8-tonne crawler to 5,270 metres deep down in Indian Ocean .
  3. July 27 is also Raising Day of CRPF, Formed on July 27, 1939.
Jul 26, 2022
1. July 26 is Observed as International Day for the Conservation of the Mangrove Ecosystem, adopted by UNESCO in 2015.
2. July 26 marks Kargil Vijay Diwas. On this date in 1999, India took command of high outposts which were captured by Intruding Pakistanis.
  1. On this occasion, Point 5140 in Drass, Kargil Sector has been renamed as Gun Hill, to commemorate Indian victory in Operation Vijay during Kargil War.
3. Mountaineer Wasifa Nazreen became first person from Bangladesh to ascend Pakistan administered K2, the second-highest mountain peak, with 8611 metres height.
4. Defence Acquisition Council under chairmanship of Defence Minister Rajnath Singh approved Capital Acquisition Proposals of Armed Forces amounting to 28732 crores, under Buy (Indian IDDM) and Buy (Indian) categories.
  1. Among approved proposals are 3 proposals of Indian Army - Guided Extended Range Rocket Ammunition, Area Denial Munition Type I and Infantry Combat Vehicle – Command (8599 crores). Induction of Swarm Drones has also been approved.
  2. Approved Navy’s proposal to procure upgraded 1250KW capacity Marine Gas Turbine Generator for power generation application onboard Kolkata class of ships through Indian Industry.
  3. Approved procurement of 14 Fast Patrol Vessels (FPVs) for Indian Coast Guard under Buy (Indian-IDDM) with 60% Indigenous content.
5. International Cricket Council (ICC) awarded membership status to three new countries, during ICC Annual conference in Birmingham (UK).
  1. New members include Cote D'Ivoire (West Africa), Cambodia (Southeast Asia) and Uzbekistan (Central Asia). It has taken number of ICC members to 108 countries, including 96 associates.
  2. During Conference, India has been announced as host of ICC Women's ODI Cricket World Cup 2025.
6. Gujarat govt announced Gujarat Semiconductor Policy 2022-27, becoming first Indian state to launch a dedicated semiconductor policy.
  1. It aims to generate over 200000 employment opportunities in sector during 2022-27.
  2. Gujarat government has also decided to develop a semicon city, as part of Dholera Special Investment Region.
  3. Projects approved under Design-linked Incentive scheme of Central Govt, will not be eligible for availing benefits under the new policy.
7. Canara Bank launched Canara ai1 mobile banking app, as a one-stop solution with more than 250 features to cater to the banking needs of its customers.
8. Book on legendary actor Yusuf Khan (known as Dilip Kumar), titled In the Shadow of a Legend: Dilip Kumar, authored by Faisal Farooqui, has been released.
Jul 25, 2022
1. Biography of Former Union minister George Fernandes, titled, The Life and Times of George Fernandes, written by Rahul Ramagundam, has been released.
2. Jul 25 is observed by WHO as World Drowning Prevention Day.
3. Zimbabwe launched gold coins to be sold to public, to tame inflation that has further eroded country’s unstable currency.
  1. The coin is called ‘Mosi-oa-Tunya’ which refers to Victoria Falls in the local Tonga language.
  2. Coins will have liquid asset status, to enable their conversion to cash, and make them locally and internationally tradable.
  3. Cost of one coin was $1,824 at the time of launch.
4. India named Pranay Kumar Verma as its new High Commissioner (Ambassador) to Bangladesh.
  1. Also, Bangladesh govt appointed Mustafizur Rahman as Bangladesh's new High Commissioner (ambassador) to India.
5. A rare pure pink diamond, named Lulo Rose, believed to be largest found in 300 years, has been discovered in Angola (Central Africa).
  1. Lulo Rose is a type 2a diamond, meaning it has few or no impurities. Its a 170-carat pink diamond, weighing 34 grams.
  2. Similar diamonds have been bought for heavy prices in past, with one – known as Pink Star – selling at a Hong Kong auction for $71.2m (£59m) in 2017.
6. Tamil Nadu government issued order to implement first phase of the Chief Minister’s Breakfast Scheme at 1545 government primary schools, for children in Classes I-V. Cost would be 33.56 crores.
7. Union Bank of India (UBI) named RACE as its aim, looking to become third-largest Public Sector Bank. RACE Stands for -
  1. Grow RAM (retail, agriculture, and MSME) loans
  2. Improve Asset quality
  3. Boost CASA (current account, savings account deposits)
  4. Increase Earnings.
8. British PM Boris Johnson presented Ukrainian President Volodymyr Zelenskyy with Sir Winston Churchill Leadership Award, honoring him for leading a brave face-off with Invading Russian Forces.
9. Mastercard will replace Paytm as title sponsor for all international and domestic cricket matches organised by Board of Control for Cricket in India (BCCI).
10. 2022 Swiss Open Men's Tennis -
  1. Singles - Casper Ruud (Norway). He defeated Matteo Berrettini (Italy) in Final.
  2. Doubles - Tomislav Brkić (Bosnia and Herzegovina) AND Francisco Cabral (Portugal)

Jul 24, 2022

Ahmad Nawaf Al-Ahmad Al-Sabah has been named as New Prime Minister of Kuwait.
July 24 is Observed by Central Board of Direct Taxes (CBDT) as Income Tax Day (Aayakar Diwas). On this day in 1860, Income Tax was introduced for first time in India by James Wilson.

2022 World Athletics Championships (Eugene (US)) -

Highlights -
1. Originally scheduled for August 6–15, 2021, it was postponed by one year due to the COVID-19 pandemic.
2. After 2022 Russian invasion of Ukraine, World Athletics banned all Russian and Belarusian athletes from participating at the championships. Stringent vaccination requirements for people entering US also caused visa delays. These issues caused final total to stand at 179 nations (180 including Athlete Refugee Team), the lowest number since Tokyo 1991 championships.
3. A record 29 countries won at least one gold medal during the championships. Peru, Kazakhstan, and Nigeria won their first-ever gold medals, while India and Burkina Faso had their best medal performances, with silver, and the Philippines with bronze.

Medal Table -

Rank	Nation	Gold	Silver	Bronze	Total
1	United States	13	9	11	33
2	Ethiopia	4	4	2	10
3	Jamaica	2	7	1	10
4	Kenya	2	5	3	10
5	China	2	1	3	6

With 1 Silver Medal, India was ranked at joint 33rd, along with Algeria, Burkina Faso, Croatia, Greece and South Korea.
1. India's only medal came as Silver Medal won by Tokyo Olympic gold medalist Javelin Thrower Neeraj Chopra, with a throw of 88.13 Metres. In this event, gold was won by Anderson Peters (Grenada), with a throw of 90.54 Metres.
2. Javelin Thrower Rohit Yadav also qualified for finals, with throw of 80.42 metres.
3. 21 Indian Athletes had participated in the championships.
4. Notably, Eldhose Paul became first Indian to qualify for triple jump final at World Athletics Championships, with a jump of 16.68 metres.
About -
1. World Athletics Championships are biennial athletics competition organized by World Athletics. Due to Covid-19 related disruptions, 2021 edition was postponed to 2022.
2. Next edition of World Athletics Championships will be held in 2023, in Budapest (Hungary).
3. Further, World Athletics has named Tokyo (Japan) as host of 2025 edition of World Athletics Championships.

Red Bull's Max Verstappen (Belgian-Dutch) won French Formula One Grand Prix 2022.

F1 Season 2022 -

Grand Prix	Winner	Race date
Bahrain Grand Prix	Ferrari's Charles Leclerc (Monaco)	20 March
Saudi Arabian Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	27 March
Australian Grand Prix	Ferrari's Charles Leclerc (Monaco)	10 April
Emilia Romagna Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	24 April
Miami Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	8 May
Spanish Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	22 May
Monaco Grand Prix	Red Bull's Sergio Pérez (Mexico)	29 May
Azerbaijan Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	12 June
Canadian Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	19 June
British Grand Prix	Ferraris' Carlos Sainz (France)	3 July
Austrian Grand Prix	Ferrari's Charles Leclerc (Monaco)	10 July
French Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	24 July
Hungarian Grand Prix		31 July
Belgian Grand Prix		28 August
Dutch Grand Prix		4 September
Italian Grand Prix		11 September
Singapore Grand Prix		2 October
Japanese Grand Prix		9 October
United States Grand Prix		23 October
Mexico City Grand Prix		30 October
São Paulo Grand Prix		13 November
Abu Dhabi Grand Prix		20 November

Jul 23, 2022
1. July 23 is observed as National broadcasting Day in India. On this day in 1927, 1st ever radio broadcast in country went on the air from Bombay Station under a private company called Indian Broadcasting Company (IBC).
  1. July 23 is also birth anniversary of Legendary Indian Freedom Fighters Chandra Shekhar Azad and Bal Gangadhar Tilak.
2. As per Henley Passport Index 2022 -
  1. Japan has world's most powerful passport, followed by Singapore and South Korea.
    1. Japanese passport allows visa-free access to 193 countries, while that of Singapore and South korea allows visa free access to 192 nations.
  2. Indian passport slipped from 85th to 87th place, with visa-free access to 60 countries.
3. Govt declared zero coupon zero principal instruments as securities, in the run up to setting up a social stock exchange.
  1. It means an instrument issued by a Not for Profit Organisation (NPO), which will be registered with the social stock exchange segment of a recognised stock exchange. These instruments will be governed by rules made by SEBI.
  2. Social Stock Exchange (SSE) is a novel concept in India, meant to serve private and non-profit sector providers by channelling greater capital to them.
4. Assam CM Himanta Biswa Sarma launched Swanirbhar Naari scheme, to empower indigenous weavers, to help preserve heritage of handlooms and textiles in state.
  1. Under it, State government will procure handloom items directly from indigenous weavers, through Swanirbhar Naari web portal.
  2. After procurement, products will be sold through formal channels of ARTFED’s outlet Jagaran and AGMC’s outlet Pragjyotika in Assam and other states.
5. Indermit Gill has been appointed as Chief Economist of World Bank, becoming second Indian to take up this post, after Kaushik Basu (2012 - 2016).

Jul 22, 2022

Dinesh Gunawardena has been named as new Prime Minister of Sri Lanka, after earlier PM Ranil Wickremesinghe was named as New President, amid ongoing political and economic crisis.
July 22 is observed by World Federation of Neurology as World Brain Day, with 2022 theme Brain health for all.

2022 ISSF World Cup -

Calendar for 2022 ISSF World Cup included 7 stages -

Leg	Dates	Location	Type
1	26 February – 8 March	Cairo	Rifle/Pistol
2	8 – 19 March	Nicosia	Shotgun
3	27 March – 7 April	Lima	Shotgun
4	9 – 19 April	Rio de Janeiro	Rifle/Pistol
5	19 – 30 April	Lonato del Garda	Shotgun
6	27 May – 7 June	Baku	Rifle/Pistol/Shotgun
7	9 – 22 July	Changwon	Rifle/Pistol/Shotgun

Final Medal Table -

Rank	Nation	Gold	Silver	Bronze	Total
1	India	17	21	9	47
2	USA	12	14	13	39
3	Germany	12	8	11	31
4	Italy	10	15	14	39
5	Czech Republic	10	2	7	19

India topped the Table, with 47 Medals (17 Gold, 21 Silver and 9 Bronze).
Notable Gold Medals won by India -
1. Changwon (South Korea) -
  1. Aishwary Pratap Singh Tomar (50 metre rifle three positions)
  2. Arjun Babuta (10 metre air rifle)
  3. Mairaj Ahmad Khan (Shotgun - Skeet)
2. Cairo (Egypt) -
  1. Saurabh Chaudhary (10 metre air pistol)

Madhya Pradesh's Burhanpur (also known as Darwaza of Dakhin) became first Har Ghar Jal certified district in country.
1. Each of 254 villages in Burhanpur District have declared their villages as Har Ghar Jal, certifying that all people in villages have access to safe drinking water through taps.
India designated 5 new Ramsar Sites (wetlands of International importance).
1. It includes -
  1. Karikili Bird Sanctuary, Pallikaranai Marsh Reserve Forest & Pichavaram Mangrove in Tamil Nadu.
  2. Pala wetland in Mizoram.
  3. Sakhya Sagar in Madhya Pradesh.
2. With this, number of Ramsar sites in india has now increased to 54.
National Flag Day is observed in India on July 22, marking adoption of tricolour as National flag on this day in 1947.
1. Also, central government amended Flag Code, allowing national flag to be flown during day and night. Earlier, tricolour could only be hoisted between sunrise and sunset.
68th National Film Awards have been announced, honouring best of Indian cinema in 2020.
1. Awards ceremony was to be held in May 2021, but was postponed due to COVID-19 pandemic.
2. Winners -
  1. Best Film Friendly State -
    1. Madhya Pradesh
    2. Jury headed by Vipul Shah
  2. Feature Films -
    1. Golden Lotus -
      1. Best Feature Film - Soorarai Pottru (Tamil)
      2. Best Direction - Ayyappanum Koshiyum (Malayalam)
      3. Best Debut Film of a Director - Mandela (Tamil)
      4. Best Popular Film Providing Wholesome Entertainment - Tanhaji: The Unsung Warrior (Hindi)
      5. Best Children's Film - Sumi (Marathi)
    2. Silver Lotus -
      1. Best Film on Environment Conservation/Preservation - Taledanda (Kannada)
      2. Best Film on Social Issues - Funeral (Marathi)
      3. Best Actor - Suriya for Soorarai Pottru (Tamil) and Ajay Devgn for Tanhaji: The Unsung Warrior (Hindi)
      4. Best Actress - Aparna Balamurali for Soorarai Pottru (Tamil)
      5. Best Supporting Actor - Biju Menon for Ayyappanum Koshiyum (Malayalam)
      6. Best Supporting Actress - Lakshmi Priyaa Chandramouli for Sivaranjiniyum Innum Sila Pengalum (Tamil)
      7. Best Child Artist - Anish Mangesh Gosavi for Tak-Tak and Akanksha Pingle & Divyesh Indulkar for Sumi. Both are Marathi Films.
      8. Best Male Playback Singer - Rahul Deshpande for Mi Vasantrao (Marathi)
      9. Best Female Playback Singer - Nanjiyamma for (For the song "Kalakkatha") in Ayyappanum Koshiyum (Malayalam)
      10. Best Cinematography - Supratim Bhol for Avijatrik (Bengali)
      11. Music Direction -
        Songs - S. Thaman for Ala Vaikunthapurramuloo (Telugu)
        
        Background Score - G. V. Prakash Kumar for Soorarai Pottru (Tamil)
      12. Regional Movies -
        Assamese - Bridge
        
        Bengali - Avijatrik
        
        Hindi - Toolsidas Junior
        
        Kannada - Dollu
        
        Malayalam - Thinkalazhcha Nishchayam
        
        Marathi - Goshta Eka Paithanichi
        
        Tamil - Sivaranjiniyum Innum Sila Pengalum
        
        Telugu - Colour Photo
  3. Non-Feature Films -
    1. Golden Lotus -
      1. Best Non-Feature Film - Testimony of Ana (Dangi)
      2. Best Director in Non-Feature Film - Oh That’s Bhanu (English, Tamil, Malayalam, Hindi)
  4. Best Writing on Cinema -
    1. Golden Lotus -
      1. Best Book on Cinema - Kishwar Desai for The Longest Kiss: The Life and Times of Devika Rani (English)

Jul 21, 2022
1. As per NITI Aayog's India Innovation Index 2021 -
  1. Major States - Karnataka (1), Telangana (2), Haryana (3).
  2. North-Eastern & Hilly States - Manipur (1), Uttarakhand (2), Meghalaya (3).
  3. Union Territories - Chandigarh (1), Delhi (2).
2. NDA’s presidential nominee Droupadi Murmu has been elected as India's new (15th) President, to succeed Ram Nath Kovind.
  1. She is also first tribal woman to be elected as President of India. Murmu is second former BJP member, after Ram Nath Kovind, to be elected as President.
  2. She won votes from total of 2824 electors, including 540 MPs. Notably, total number of votes in Electoral College for presidential elections is 4896 (MPs - 776, Legislators (MLAs) - 4120).
3. NTPC signed Statement of Intent (SoI) with NITI Aayog, to develop Net Zero GHG emissions Roadmap for NTPC.
  1. Earlier in June 2021, NTPC became first Energy Company in India to declare its Energy Compact goals as part of UN High-level Dialogue on Energy (HLDE). NTPC has set a target to install 60 GW of renewable energy capacity by 2032, and aiming at 10% reduction in net energy intensity by 2032.
  2. Also, India had earlier announced the ‘Panchamrit’ goals during CoP 26, which includes achieving Net Zero by 2070.
4. Sanjay Agrawal has been named as chairperson of committee on Minimum Support Price (MSP), which was established by government after repealing three agriculture laws.
5. Government named Jayanti Prasad as a Whole-time Member of Insolvency and Bankruptcy Board of India (IBBI) for five years.
  1. IBBI Board has Chairman (Ravi Mittal Currently), 2 Whole time members (Sudhakar Shukla and Jayanti Prasad Currently), 4 ex-officio and 2 part time members.
6. RBI prescribed 4-tier regulatory structure for urban cooperative banks (UCBs), accepting recommendation of an expert committee headed by N S Vishwanathan (former RBI deputy governor), which was constituted in 2021 to suggest changes aimed at strengthening UCBs.
  1. RBI has now decided to adopt a simple four-tiered regulatory framework with differentiated regulatory prescriptions to strengthen existing UCBs.
  2. UCBs with deposits of up to -
    1. 100 crore - Tier 1
    2. 100 - 1000 crore - Tier 2
    3. 1000 - 10000 crore - Tier 3
    4. Over 10000 crore - Tier 4
  3. Also, RBI has stipulated a minimum net worth of 2 crore for tier one UCBs operating in a single district and 5 crore for all other UCBs of all tiers.
  4. RBI also retained minimum capital adequacy ratio requirement for tier one banks at present level of 9%.
Jul 20, 2022
1. July 20 - International Chess Day, marks founding of International Chess Federation in 1924.
2. July 20 is observed as Space Exploration Day, marking Anniversary of NASA's Apollo 11 Mission, which was spaceflight that first landed humans on the Moon. Neil Armstrong and Buzz Aldrin formed American crew that landed Apollo Lunar Module Eagle on July 20, 1969.
  1. They spent about two and a quarter hours together outside the spacecraft, and collected 47.5 pounds (21.5 kg) of lunar material to bring back to Earth. This day marks man's first historic landing and walk on the surface of another celestial body.
3. Cabinet Approvals (Jul 20, 2022) -
  1. MOUs -
    1. Approved MoU in field of Judicial Cooperation, with Maldives.
4. July 20 is observed as International Moon Day, observed by United Nations Office for Outer Space Affairs (UNOOSA).
  1. It commemorates First Human landing on Moon, under Apollo 11 Mission.
  2. Neil Armstrong and Buzz Aldrin landed Apollo Lunar Module Eagle on July 20, 1969.
  3. Neil Armstrong became first person to step onto the Moon's surface, followed by Buzz Aldrin.
  4. July 20 is also observed as World Chess Day, marking date of establishment of International Chess Federation (FIDE) in Paris in 1924.
5. General Events / News (Jul 11-20, 2022) -
  1. Directorate General of Foreign Trade introduced Paper Import Monitoring System (PIMS),by amending import policy of major paper products from ‘Free’ to ‘Free subject to compulsory registration under PIMS’. PIMS shall come into effect from 1st October, 2022.
  2. NITI Aayog and World Food Programme India launched Mapping and Exchange of Good Practices initiative for mainstreaming millets in Asia and Africa, as a compendium of good practices for scaling up production and consumption of millets in India and abroad.
  3. Jawaharlal Nehru Port (JNP) became first major port in country to become 100% Landlord port, having all berths being operated on PPP model.
    1. PPP (Public Private Partnership) mode of investment in Indian ports has resulted in capacity addition and productivity improvement, beginning from Jawaharlal Nehru Port, which has completed 25 years of working with PPP mode of investment.
  4. Renewable energy Firm Greenko partnered with IIT-Hyderabad, to establish Greenko School of Sustainable Science and Technology (GSSST), where students would be trained towards sustainable development goals like climate change mitigation, circular economy, energy transition etc.
  5. India became 68th nation to join Interpol's international child sexual exploitation database, which will allow it to draw links between victims, abusers and crime scene using audio-visual data.
  6. Unique Identification Authority of India (UIDAI) launched face authentication feature through a new mobile app called AadhaarFaceRd.
  7. Leh airport is reportedly being built as India's first carbon-neutral airport. A Geothermal system, in hybridization with Solar PV Plant will be provided in the New airport Terminal Building for heating and cooling purposes.
  8. Delhi Lieutenant Governor VK Saxena launched SAH-BHAGITA scheme, to reward Residential Welfare Association (RWAs) for optimal tax collection and waste management systems.
  9. Doordarshan began airing New television series Swaraj: Bharat Ke Swatantrata Sangram Ki Samagra Gatha, from August 14th, 2022. It highlights contribution of liberation warriors and unsung heroes of freedom movement.
  10. 13th Petersberg Climate Dialogue held in Berlin (Germany).
  11. Facebook parent Meta released its first annual human rights report, including a summary of a controversial human rights impact assessment of India.
  12. Rajasthan State Legal Services Authority unveiled first digital Lok Adalat in India, driven by artificial intelligence, and developed by Jupitice Justice Technologies.
  13. ISRO organized Human Space Flight Expo at Jawaharlal Nehru Planetarium (Bengaluru), to commemorate Azadi ka Amrit Mahotsav.
  14. Mario Draghi stepped down as Prime Minister of Italy, after key coalition parties withdrew support for his government. Draghi’s government will continue to function under a caretaker capacity till a new leader is elected.
Jul 19, 2022
1. Ashish Kumar Chauhan has been named as MD & CEO of National Stock Exchange (NSE).
2. As per Expat Insider Rankings 2022, released by InterNations -
  1. Mexico topped the List, making it best country for Expats.
  2. India ranked 36th, among 52 countries on the list. Notably, India fared highest in affordability and the availability of health care.
  3. Kuwait is worst country for expats, as per the list.
3. Telangana government collaborated with UNDP, on Data in Climate Resilient Agriculture (DiCRA), the newest entry in the Digital Public Goods Registry. The platform aims to improve food security and food systems.
4. Uttarakhand CM Pushkar Singh Dhami released book Beyond the Misty Veil, written by Aradhana Johri, on temples of Uttarakhand.
5. La Ganesan (Manipur Governor) has been given additional charge as governor of West Bengal.
  1. It came after resignation of Jagdeep Dhankhar, who was named by National Democratic Alliance (NDA) as its vice presidential candidate.
6. Assam and Arunachal Pradesh signed Namsai Declaration, to help resolve their seven-decade old boundary dispute.
  1. The two states share an 804-km long boundary, which has been seeing increasing amount of disputes over the years.
  2. Earlier, there were 123 border villages that were in dispute. The number has now been brought down to 86 villages.+
Jul 18, 2022
1. July 18 - UN Nelson Mandela International Day, proclaimed by United Nations in 2009, and first UN Mandela Day held in July 2010.
  1. Notably, United Nations Nelson Rolihlahla Mandela Prize was established by UN in 2014, awarded every 5 years. It was last awarded in 2020, to Guinean doctor Morissana Kouyate and Marianna Vardinoyannis of Greece.
2. Varanasi (Uttar Pradesh) has been named first Cultural and Tourism Capital of Shanghai Cooperation Organisation (SCO).
  1. Beijing-headquartered Shanghai Cooperation Organisation (SCO) is an eight-member economic and security alliance comprising China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, India and Pakistan.
3. International Hockey Federation (FIH) appointed Egypt’s Seif Ahmed as its acting president, after India's Narinder Batra resigned from this post.
  1. Mr. Batra also gave up his membership of International Olympic Committee (IOC).
  2. Earlier in June 2022, Mr. Batra ceased to be President of Indian Olympic Association (IOA) when Delhi High Court struck down post of 'Life member' in Hockey India, courtesy which he had contested IOA elections and won back in 2017. Later, Anil Khanna was named as acting President of Indian Olympic Association (IOA).
4. Manoj Kumar has been named as new Chairman of Khadi and Village Industries Commission (KVIC).
5. Indo-Tibetan Border Police (ITBP) established its first mountain warfare training facility in northeast India and its second overall. First such facility was Mountaineering and Skiing Institute (M&SI), which opened in Auli (Uttarakhand), in 1973–74.
  1. New centre has been established in remote Dombang, abutting the LAC (Line of actual control with china), located at 10040 ft in Sikkim.
Jul 17, 2022
1. Jul 17 - World Day for International Justice. It marks adoption of Rome Statute in 1998. With help of this treaty International Criminal Court (ICC) was established.
2. 2022 Women's FIH Hockey World Cup (Hosted in Spain and Netherlands) -
  1. Netherlands won the title, as their 9th Women's World Cup. Netherlands defeated Argentina in final, to win the title.
3. Sindhughosh-class submarine INS Sindhudhvaj has been decommissioned, after serving in Indian Navy for 35 years.
4. 2022 Singapore Open Badminton -
  1. Men's singles - Anthony Sinisuka Ginting (Indonesia)
  2. Women's singles - PV Sindhu (India). She defeated Wang Zhiyi (China) in Final.
  3. Men's doubles - Indonesia's Leo Rolly Carnando AND Daniel Marthin
  4. Women's doubles - Indonesia's Apriyani Rahayu AND Siti Fadia Silva Ramadhanti
  5. Mixed doubles - Thailand's Dechapol Puavaranukroh AND Sapsiree Taerattanachai
5. First NIIO (Naval Innovation and Indigenisation Organisation) Seminar Swavlamban held at Dr. Ambedkar International Centre (New Delhi).
  1. During the event, PM Narendra Modi unveiled SPRINT Challenges, which are aimed at giving a boost to usage of indigeneous technology in Indian Navy.
  2. India's first passenger drone named Varuna, was also unveiled at the event, developed by Sagar Defence Engineering. It can carry a 130 kg payload, for 25-33 minutes.
  3. NIIO, in conjunction with Defence Innovation Organisation (DIO), aims to induct at least 75 new indigenous technologies/products into Indian Navy. This collaborative project is named SPRINT {Supporting Pole-Vaulting in R&D through Innovations for Defence Excellence (iDEX), NIIO and Technology Development Acceleration Cell (TDAC)}.
6. India and Namibia signed MoU in New Delhi, for co-operation in wildlife conservation and sustainable biodiversity utilization, for establishing cheetah into historical range in India.
  1. Cheetah restoration in India will be part of a prototype for restoration of original cheetah habitats and their biodiversity.
  2. After Surveys for 10 sites conducted between 2010 and 2012, Kuno National Park (Madhya Pradesh) was considered ready for receiving cheetah with least management interventions, since a lot of investments had been done in this Protected Area for reintroducing Asiatic lions.
Jul 16, 2022
1. Maharashtra Govt approed renaming Aurangabad and Osmanabad cities as Chhatrapati Sambhajinagar and Dharashiv, respectively.
2. PM Narendra Modi Inaugurated Bundelkhand Expressway at Kaitheri village in Orai tehsil of Jalaun district.
  1. Bundelkhand Expressway is 296 km long, connecting Gonda village on NH-35 in Chitrakoot district with Kudrail village on Agra–Lucknow Expressway in Etawah district.
  2. Built at cost of over 14710 Crores, it will boost tourism to Chitrakoot Dham.
  3. UP now has most (13) expressways, with length of 3200 km. Work is going on on seven expressways, while six expressways are operational.
3. Japanese government posthumously honored former PM Shinzo Abe with country’s highest decoration the Collar of the Supreme Order of the Chrysanthemum. Notably, He was shot dead recently. Shinzo Abe is fourth Japanese former premier to receive this honour.
4. Maharashtra Govt felicitated Actress Dia Mirza (UNEP National Goodwill Ambassador) and Afroz Shah (Environmental Activist) with Mother Teresa Memorial Awards for Social Justice 2021.
5. Kerala became first state to have its own internet service, with granting of an Internet Service Provider (ISP) licence to IT infrastructure project of Kerala Fiber Optic Network Ltd, which aims to provide internet access to everyone in state.
Jul 15, 2022
1. July 15 - World Youth Skills Day. On 18 December 2014, UN General Assembly (UNGA) declared 15th July as World Youth Skills Day. 2022 theme is Transforming youth skills for the future.
  1. Also, Jul 15 is observed as Educational Development Day in Tamil Nadu, to mark birth Anniversary of Former CM K Kamaraj.
  2. Also, India's National Plastic Surgery Day, which is observed on July 15, has now been Adopted as World Plastic Surgery Day.
2. Defence Minister Rajnath Singh launched Y- 3023 Dunagiri frigate under Project 17A, built by Garden Reach Shipbuilders Limited (GRSE) in Kolkata.
  1. P17A Frigates (or Nilgiri class frigates) are follow-on class of P17 (Shivalik Class) Frigates, with improved stealth features, advanced weapons and platform management systems. Seven P17A Frigates are under various stages of construction at Mazagaon Dock Limited (4) and GRSE (3).
  2. Among 4 frigates to be built at MDL, 2 have been launched and named Nilgiri and Udaygiri, while other 2 are to be named.
  3. Among 3 frigates to be built at GRSE, 2 have been launched and named Himgiri and Dunagiri, while 1 is to be named.
3. Cabinet approved to introduce Central Universities (Amendment) Bill 2022, to amend Central Universities Act 2009, for setting up Gati Shakti Vishwavidyalaya (GSV).
  1. GSV will be set up by renaming National Rail and Transportation Institute (Gujarat), and upgrading its status from deemed to be university to a central university.
4. As per Global Gender Gap Report 2022 by World Economic Forum (WEF) -
  1. India ranks low at 135th, out of 146 nations in list.
  2. Top 3 - Iceland (1), Finland (2), Norway (3).
  3. Neighbors - Pakistan (145), Sri Lanka (110), China (102), Bangladesh (71).
Jul 14, 2022
1. July 14 is observed as National Day of France, also known as Bastille Day. It is commemorated the anniversary of Storming of the Bastille during French Revolution on 14 July 1789. July 14 is also observed as Shark Awareness Day Globally.
2. China announced to launch its new space-based solar observatory later in 2022, called Advanced Space-Based Solar Observatory (ASO-S), to study relationship between solar magnetic field, solar flares and coronal mass ejections (CMEs).
  1. ASO-S weighs around 888 kg, and will be first platform to have three payloads on board. Payloads are Full-disk vector MagnetoGraph (FMG), the Lyman-α Solar Telescope (LST) and Hard X-ray Imager (HXI). It is Planned for installment at an altitude of 720 km, to complete one orbit around Earth every 90 minutes in a sun-synchronous orbit.
  2. ASO-S is successor of H-alpha Solar Explorer (CHASE) named "Xihe", which was launched in October 2021 to study violent and sudden physical processes behind solar flares.
3. Tripura government launched scheme Earn with Learn, to bring back those who had dropped out of schools following Covid-19 outbreak, as part of Vidyalaya Chalo Abhiyan.
  1. This will involve third-year students from all colleges in conducting surveys to detect dropouts across classes.
  2. Each volunteer will be given Rs 500, if they enrol a dropout student in same school.
4. Indian IT Firm Infosys acquired Denmark-based BASE Life Science, for around 110 million euros (approx 875 crores), to expand footprint in life sciences industry and expand presence in Europe.
5. Nasscom Foundation and Google announced to jointly set up DigiVaani call centre, in collaboration with Indian Society of Agribusiness Professionals (ISAP), to help women farmers scale up their business. It will initially cover 6 states - Himachal Pradesh, Uttarakhand, Uttar Pradesh, Bihar, Haryana and Rajasthan.
6. Malayalam filmmaker KP Kumaran has been honoured with Kerala’s highest film award, the JC Daniel Award.
  1. Award comprises of a cash prize of Rs 5 lakh, presented annually by Kerala State Chalachitra Academy since 1992.
Jul 13, 2022
1. Cabinet Approvals (Jul 13, 2022) -
  1. General -
    1. Approved free COVID-19 Precaution Dose for all citizens above 18 years of age, at Government vaccination centres, from 15th July 2022 till next 75 days.
  2. CCEA Approvals -
    1. Approved construction of Taranga Hill-Ambaji- Abu Road new rail line in Gujarat, to be constructed at cost over 2798 crores.
      1. Total length of new rail line will be 116.65 kms, to be completed by 2026-27.
      2. Notably, new rail line will provide better connectivity to Ambaji, a famous pilgrimage destination and one of 51 Shaktipeeths in India, and Ajitnath Jain temple (one of the 24 holy Jain Tirthankaras) at Taranga Hill.
2. Agriculture Minister Narendra Singh Tomar launched Platform of Platforms (POP) under National Agriculture Market (e-NAM), to further ease up selling farmers' produce outside their states.
  1. Equity grant of over Rs 37 crore was also released to 1,018 Farmer Producer Organizations (FPOs), to benefit about 3.5 lakh farmers.
3. Department of Consumer Affairs has set up a committee to develop comprehensive framework on Right to Repair, to be chaired by Nidhi Khare (Additional Secretary, Department of Consumer Affairs).
  1. Aim of developing a framework on right to repair in India is to empower consumers in local market, harmonize trade between original equipment manufacturers and third-party buyers and sellers, emphasize on developing sustainable consumption of products and reduction in e-waste.
  2. It can boost sustainability of products and promote employment generation, by allowing third-party repairs.
  3. Also, As a first such move globally, New York state legislature (US) recently passed right to repair bill, that will require digital electronics manufacturers to make parts, tools, information, and software available to consumers and independent repair shops. This will enable independent repair shops to compete with manufacturers.
4. Space startup Agnikul Cosmos launched India’s first private factory dedicated to building rocket engines, in Chennai.
  1. This facility will use additive manufacturing technology to build 3D printed rocket engines, and will be used to produce engines for its own in-house rockets.
  2. It aims to launch Agnibaan, its two-stage launch vehicle, by end of 2022.
5. South Korea Based Tech Giant Samsung developed world's fastest graphics dynamic random-access memory (DRAM) chip.
  1. 24-gigabit Graphics Double Data Rate 6 (GDDR6) adopts third-generation, 10-nanometer technology and boasts data processing speed over 30 % faster than existing products.
  2. New DRAM chip can process graphic images at a rate of up to 1.1 terabytes per second, which is claimed as fastest in world and equivalent to processing 275 full HD movies in a second.
  3. Graphics DRAMs are widely used in high-powered 3D games, personal computers, notebooks or devices that play videos with a high resolution.

Jul 12, 2022

PM Narendra Modi Visited Deoghar and Patna (Bihar) -
1. Deoghar -
  1. Inaugurated and laid foundation stones of various developmental projects worth more than Rs 16,800 crores in Deoghar.
  2. Inaugurated Deoghar Airport, constructed at cost over 400 crores, equipped to handle over 5 lakhs passengers annually.
2. Patna -
  1. Addressed centenary celebrations of Bihar Legislative Assembly, commemorating 100 years of Bihar Vidhan Sabha.
Ahmedabad (Gujarat) and Kerala have been included in list of World's 50 Greatest Places to explore in 2022, by Time Magazine.
Andhra Pradesh government rejoined Central Govt's Pradhan Mantri Fasal Bima Yojana (PMFBY), to insure crops of over 40 lakh farmers in case of natural calamity.
Jul 12 is observed as International Malala Day, observed by United Nations (UN) to highlight work for education of Pakistani children by Pakistani child activist Malala Yousafzai.
German Railway Firm Deutsche Bahn (DB) became first Intermodal Partner of Star Alliance (World's largest global airline alliance).
1. It will allow DB and Star Alliance passengers to book integrated international plane and train journeys through one platform.
Education Minister Dharmendra Pradhan Released India Rankings 2022 of higher educational institutes -
1. Overall -
  1. IIT Madras
  2. IISC Bengaluru
  3. IIT Bombay
2. University -
  1. IISC Bengaluru
  2. JNU
  3. Jamia Millia Islamia
3. College -
  1. Miranda House
  2. Hindu College
  3. Presidency College
4. Research -
  1. IISC Bengaluru
  2. IIT Madras
  3. IIT Delhi
5. Engineering -
  1. IIT Madras
  2. IIT Delhi
  3. IIT Bombay
6. Management -
  1. IIM Ahmedabad
  2. IIM Bangalore
  3. IIM Calcutta
7. Medical -
  1. AIIMS Delhi
  2. PGIMER Chandigarh
  3. Christian Medical College
8. Law -
  1. National Law School of India University
  2. National Law University
  3. Symbiosis Law School

Inflation and Trade Data for June 2022 -

Wholesale price Index Based (WPI) -
1. WPI based inflation remained 15.18% in June 2022, which is marginally less than record high of 15.88 % in May 2022 (revised to 16.63 % later).
2. WPI Inflation in last 6 months -
  1. May 2022 - 15.88 % (revised to 16.63 % later)
  2. April 2022 - 15.08%
  3. March 2022 - 14.55%
  4. February 2022 - 13.11%
  5. January 2022 - 12.96%
  6. December 2021 - 13.56%
  7. WPI Inflation has remained in double digits for 15 months now, due to elevated global commodity prices.
Consumer Price Index (CPI) Based (retail inflation) -
1. CPI-based inflation rate for June 2022 came down to 7.01 %, compared to 7.04 % in May 2022. It was still 6th straight month of retail inflation being above RBI Monetary Policy Committee’s medium-term target of 4 (+/-2) %.
2. CPI Inflation in Last 6 Months -
  1. May 2022 - 7.04%
  2. April 2022 - 7.79% (8 Year High)
  3. March 2022 - 6.95%
  4. February 2022 - 6.07%
  5. January 2022 - 6.01%
  6. December 2021 - 5.66%

Trade -

Overall Trade in June 2022 (Merchandise + Services) -
1. Overall Imports - 82.42
2. Overall Exports - 64.91
3. Overall Trade Deficit - 17.51 Billion USD
4. Compared to Last Month (May 2022)
  1. Overall Imports - 77.65
  2. Overall Exports - 62.21
  3. Overall Trade Deficit - 15.44 Billion USD

FY 23 Q1 Quarterly Trade (April - June 2022) -

		April-June 2022 (USD Billion)	April-June 2021 (USD Billion)
Merchandise	Exports	118.96	95.54
	Imports	189.76	126.96
	Trade Balance	-70.80	-31.42
Services	Exports	70.97	56.22
	Imports	45.35	30.41
	Net of Services	25.62	25.81
Overall Trade (Merchandise+ Services)	Exports	189.93	151.75
	Imports	235.11	157.37
	Trade Balance	-45.18	-5.61

Jul 11, 2022
1. Jul 11 - World Population Day. It was established by Governing Council of United Nations Development Programme (UNDP) in 1989. It was inspired by public interest in Five Billion Day on 11 July 1987, approximate date on which world’s population reached 5 billion. As per a latest UN report -
  1. India is expected to overtake China as the world’s most populous nation, in 2023.
  2. World’s population is anticipated to exceed eight billion people on November 15, 2022. It may reach 8.5 billion people in 2030, 9.7 billion in 2050, and 10.4 billion in 2100.
2. 1st Summit of I2U2 Grouping held virtually and hosted by Israel.
  1. The grouping comprises of Israel, India, UAE and USA.
  2. UAE announced investment of USD 2 billion to develop integrated food parks across India, to help tackle food insecurity in South Asia and the Middle East.
  3. I2U2 Grouping was conceptualized during meeting of Foreign Ministers of the four countries held in October 2021.
3. Book The McMahon line: A century of discord, written by JJ Singh (former Governor of Arunachal Pradesh and former Indian Army Chief ), has been released.
4. Minister of State for External Affairs and Culture Meenakshi Lekhi launched a Gujarati book, named Swadhinata Sangram Na Surviro, as part of Swadhinta Ka Amrit Mahotsav, to mark 75th year of country’s Independence.
5. Uttarakhand become first state to initiate process of implementing Centre’s New Education Policy at pre-primary level, by inaugurating ‘Bal Vatikas’ at Anganwadi Kendra across state. Bal Vatikas will function at 4,457 Anganwadi Kendra in state, and will be equivalent to nursery classes at a private school.

Jul 10, 2022

July 10 is observed as National Fish Farmers Day, proclaimed by Government in 2001.
1. It is celebrated in remembrance of scientists Dr. K. H. Alikunhi and Dr. H.L. Chaudhury who successfully demonstrated technology of induced breeding (Hypophysation) in Indian Major Carps on 10th July, 1957 at erstwhile ‘Pond Culture Division’ of CIFRI at Cuttack.
General Conferences (Jul 1-10, 2022) -
1. Kerala government announced to implement medical insurance MEDISEP, for government employees and pensioners. MEDISEP will provide coverage of up to 3 lakh per annum for eligible expenses incurred by beneficiary for listed procedures under Basic Benefit Package for 3 years.
2. India and European Union concluded first round of negotiations for India-EU Trade and Investment Agreements, in New Delhi. 2nd round of negotiations is scheduled to take place in September 2022 at Brussels (Belgium).
3. PM Narendra Modi inaugurated Golden Jubilee (50 years) celebrations of Assam's Agradoot group of newspapers.
4. First India Animal Health Summit 2022 held at NASC Complex (New Delhi).
5. Home Minister Amit Shah unveiled Statue of Peace of Swami Ramanujacharya, in Srinagar (Jammu and Kashmir).
6. Geo-Portal for NCR, known as PARIMAN, which was launched in Aug 2021, has been made available for public use.
7. 2 new Internet Exchange points (IXP) of NIXI have been launched at Durgapur and Bardhman (West Bengal), for better internet penetration.
8. Delhi Govt announced to host a 30-day world-class Delhi Shopping Festival, in January 2023.
9. Bengaluru Electricity Company (BESCOM) developed EV Mitra mobile app to provide information about EV charging stations in Bengaluru (Karnataka).
10. Karnataka government launched Kashi Yatra scheme, which offers cash assistance of 5000 to 30000 pilgrims willing to conduct a pilgrimage to Kashi Vishwanath Temple in Varanasi (Uttar Pradesh). For this, government will use funds from Assistance to Manasa Sarovara Pilgrims.
11. Week-long traditional Kharchi festival held at Khayerpur (Tripura).
12. PM Narendra Modi launched Akhil Bhartiya Shiksha Samagam on National Education Policy in Varanasi (Uttar Prdesh).
13. 2 new Internet Exchange points (IXP) of NIXI have been inaugurated at Durgapur and Bardhman (West Bengal).
14. 17th campus of National Institute of Fashion Technology (NIFT) has been inaugurated in Panchkula (Haryana).
2022 Wimbledon Championships (London, UK) -
1. Men's singles - Novak Djokovic (Serbia). He defeated Nick Kyrgios (Australia).
  1. It was 7th Wimbledon and 21st overall grand slam title for Novak Djokovic. He is only behind Rafael Nadal (Spain), who has won 22 grand slams.
  2. Novak Djokovic also became first tennis player ever to win 80 matches in all four Grand Slams, after defeating Kwon Soon-woo, as his 80th win, during Wimbledon 2022.
2. Women's singles - Elena Rybakina (Kazakhstan). She defeated Ons Jabeur (Tunisia).
  1. It was first grand slam title for Elena Rybakina.
3. Men's doubles - Australia's Matthew Ebden AND Max Purcell
4. Women's doubles - Czech Republic's Barbora Krejčíková AND Kateřina Siniaková
5. Mixed doubles - Neal Skupski (US) AND Desirae Krawczyk (USA)
6. Boys' singles -Mili Poljičak (Croatia)
7. Girls' singles - Liv Hovde (US)

Ferrari's Charles Leclerc (Monaco) won Austrian Formula One Grand Prix 2022.

F1 Season 2022 -

Grand Prix	Winner	Race date
Bahrain Grand Prix	Ferrari's Charles Leclerc (Monaco)	20 March
Saudi Arabian Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	27 March
Australian Grand Prix	Ferrari's Charles Leclerc (Monaco)	10 April
Emilia Romagna Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	24 April
Miami Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	8 May
Spanish Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	22 May
Monaco Grand Prix	Red Bull's Sergio Pérez (Mexico)	29 May
Azerbaijan Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	12 June
Canadian Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	19 June
British Grand Prix	Ferraris' Carlos Sainz (France)	3 July
Austrian Grand Prix	Ferrari's Charles Leclerc (Monaco)	10 July
French Grand Prix		24 July
Hungarian Grand Prix		31 July
Belgian Grand Prix		28 August
Dutch Grand Prix		4 September
Italian Grand Prix		11 September
Singapore Grand Prix		2 October
Japanese Grand Prix		9 October
United States Grand Prix		23 October
Mexico City Grand Prix		30 October
São Paulo Grand Prix		13 November
Abu Dhabi Grand Prix		20 November

Union Minister Jitendra Singh inaugurated ISRO System for Safe & Sustainable Operation (IS4OM) at ISRO Control Centre (Bengaluru).
1. IS4OM will aid in achieving India's SSA (Space Situational Awareness) goals by providing a comprehensive and timely information of Space environment to users.

Jul 9, 2022
1. Google launched nine-week long Startup School India initiative, which aims to gather relevant information on startup building into a systematic curriculum to help 10000 startups in Tier 2 and Tier 3 cities.
2. Amitabh Kant (Former CEO of NITI Aayog) will take on role of India's G-20 Sherpa, replacing Piyush Goyal. Notably -
  1. India will hold G-20 presidency from December 1, 2022, for 1 year.
  2. Earlier, Commerce and Industry Minister Piyush Goyal was appointed as India's Sherpa for the G20 in September 2021.
  3. G20 countries include Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, US and UK.
3. Japan Govt conferred Order of the Rising Sun, Gold and Silver Star honor on Sanmar Group Vice Chairman Narayanan Kumar, in recognition of his contribution toward strengthening economic relations between Japan and India.
4. R K Gupta has been named as deputy election commissioner in Election Commission of India.
  1. Election Commission of India is a 3 member body, consisting of a Chief Election Commissioner and 2 Election Commssioners.
  2. Rajiv Kumar is current Chief Election Commissioner and Anup Chandra Pandey is current Election Commssioner. One post of Election Commssioner is vacant as of now.
5. Rajasthan government announced to introduce Right to Health Bill, as first of its kind in India, which aims to commit to quality and affordable health care services through government and private health care providers.
Jul 8, 2022
1. 8th July is Observed as Rythu Dinotsavam meaning Farmer’s Day in Andhra Pradesh. It marks birth anniversary of 14th CM of Andhra Pradesh, Y.S Rajasekhara Reddy, being celebrated since 2019.
2. Rome (Italy) based International Fund for Agricultural Development (IFAD) appointed Spain’s Alvaro Lario as its new President.
  1. IFAD is a specialised UN agency, that works to address poverty and hunger in rural areas of developing countries.
3. India has been elected to 24-member Intergovernmental Committee of UNESCO’s 2003 Convention for the Safeguarding of the Intangible Cultural Heritage, for 2022-2026 cycle.
4. Insurance Regulator IRDAI and National Health Authority (NHA) partnered to develop a Digital National Health Claims Exchange, to speed up cashless Claims.
5. Indian-American Women on Forbes’ America’s Richest Self-Made Women -
  1. Jayshree Ullal (Arista Networks), Neerja Sethi (Syntel), Neha Narkhede (Confluent), Indra Nooyi (former PepsiCo CEO), Reshma Shetty (Ginkgo Bioworks).
Jul 7, 2022
1. PM Narendra Modi visited Varanasi (Uttar Pradesh) -
  1. Inaugurate Akshay Patra Mid Day Meal Kitchen at LT College, with capacity of cooking mid day meals for around one lakh students.
  2. Inaugurated Akhil Bhartiya Shiksha Samagam at International Cooperation and Convention Centre-Rudraksh, organised by Ministry of Education.
  3. Inaugurated and laid foundation stones of multiple projects worth over 1800 crores at Dr. Sampurnanand Sports Stadium.
2. July 7 is observed by UNESCO as World Kiswahili Day, proclaimed in 2021. Kiswahili is among most widely spoken languages in Africa and most widely spoken in sub-Saharan Africa.
3. Getting the Bread: The Gen-Z Way to Success, written by Prarthna Batra, has been launched.
4. India-born Gita Gopinath became first woman and second Indian to feature on wall of former chief economists of International Monetary Fund (IMF).
  1. The first Indian to achieve the honour was Raghuram Rajan, who was Chief Economist and Director of Research of IMF between 2003 and 2006.
  2. Gopinath was appointed as IMF Chief Economist in October 2018 and was later promoted as the IMF’s First Deputy Managing Director.
5. Poland's government honoured maharajas of Jamnagar, Kolhapur and others who sheltered Polish refugees fleeing Soviet Union invasion of Poland during World War II.
  1. In 1939, Germany attacked Poland from West and Soviet Union from East. During the occupation, Soviet authorities forced lakhs of Polish people to migrate deeper into Soviet territory, including Siberia. At least 5000 Polish citizens fled Poland and sought refuge in Kolhapur (India), and over 1000 children took refuge in Jamnagar (Gujarat).
Jul 6, 2022
1. Jyotiraditya Scindia took charge as Union Steel Minister, in addition to his existing portfolio of as Minister of Civil Aviation.
  1. Also, Smriti Irani has been named as new Minority Affairs Minister.
2. National Monuments Authority recommnded several sites to be declared as monument of national importance -
  1. Mangarh hillock in Rajasthan, as a tribute to 1500 Bhil tribal freedom fighters who were killed by British army on 17th November, 1913.
  2. Sankalp Bhumi Banyan tree campus in Vadodara, where Dr. Ambedkar had taken a resolve to eradicate untouchability, on 23th September, 1917.
  3. A Place in Satara (Maharashtra) where B R Ambedkar received his primary education in Pratap Rao Bhosle High School.
3. Jul 6 - Birth Anniversary of Syama Prasad Mukherjee, founder of Bharatiya Jana Sangh, the predecessor to the Bharatiya Janata Party.
  1. Jul 6 is also observed as World Zoonoses Day.
4. Indian Army’s Mohan Subramanian has been appointed Force Commander in United Nations Mission in South Sudan (UNMISS).
  1. Almost 20000 UN peacekeepers serve in South Sudan, to protect civilians and build peace in conflict-affected country.
5. R Dinesh (Executive Vice-Chairman of TVS Supply Chain Solutions) has been chosen as Confederation of Indian Industry’s (CII) President for 2022–2023.
Jul 5, 2022
1. Union Minister and Chairman of Indian Institute of Public Administration, Jitendra Singh announced setting up of Dr. Rajendra Prasad Memorial Award in public administration in field of academic excellence, in memory of first President of India.
2. Indian Navy participated in one of largest multilateral Naval Exercises, the Rim of the Pacific exercise (RIMPAC). 2022 marks 28th edition of this exercise.
  1. RIMPAC is world's largest international maritime warfare exercise, held biennially during June and July of even-numbered years, at Honolulu (Hawaii).
  2. It is hosted and administered by United States Navy's Indo-Pacific Command.
3. In 1st edition of State Ranking Index for NFSA (National Food Security Act) -
  1. Odisha has been adjudged top ranked State, followed by Uttar Pradesh and Andhra Pradesh.
  2. Among Special Category states/UTs - Tripura stood first, followed by Himachal Pradesh and Sikkim.
4. Misc. Science News / Events (Jul 2022) -
  1. Researchers from Bengaluru’s Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) discovered a novel material called single-crystalline scandium nitride (ScN) that can emit, detect, and modulate infrared light with high efficiencies.
    1. Researchers utilized a phenomenon called polariton excitations that occurs in tailored materials when light couples with either collective free electron oscillations or polar lattice vibrations to achieve this.
    2. These exotic polaritons in ScN can be utilized for solar and thermal energy harvesting.
  2. Researchers at Indian Institute of Science Education and Research Bhopal (IISER) have taken a significant leap toward solving themystery of why few pockets of glaciers in Himalaya's Karakoram Range are resisting glacial melt due to global warming, and defying trend of glaciers losing mass across the globe.
    1. They have attributed this phenomenon called ‘Karakoram Anomaly’, to recent revival of western disturbances.
    2. The behaviour has been confined to a very small region, with only Kunlun ranges being another example of showing similar trends in whole of Himalaya.
    3. It is first time that a study brought forth importance that enhanced WD-precipitation input during accumulation period plays in modulating regional climatic anomaly.
  3. Scientists at Canada's Waterloo University discovered a large ozone hole in lower stratosphere, which is seven times larger than the one over Antarctica. The new ozone hole was discovered over the tropics and has reportedly been there for over 30 years.
  4. India's first unique blood group, EMM Negative, has been detected in a man in Gujarat. EMM Negative Blood Group is world's rarest blood group, and the Gujarat man is only world's tenth person with this rare blood type.
  5. Union Minister Jitendra Singh inaugurated first-of-its-kind Autonomous Navigation facility TiHAN, to develop unmanned ground and aerial vehicles in IIT Hyderabad campus.
  6. India's 19-year-old Jahnavi Dangeti became youngest to complete Analog Astronaut programme from Analog Astronaut Training Centre (AATC) at Krakow in South Poland. She completed two-week training programme at AATC, a private agency set up by European Space professionals to carry out spaceflight scientific studies.
  7. Ola Electric unveiled India’s first indigenously developed lithium-ion cell, called NMC 2170, with commercial production to begin from its Chennai-based Gigafactory by 2023.
  8. First Made-in-India Surgical Robotic System, named SSI-Mantra has been installed at Rajiv Gandhi Cancer Institute and Research Center (New Delhi). It has been developed by SS Innovations.
  9. Bharti Airtel conducted successful trial of India’s first 5G private network at Bosch Automotive Electronics India (RBAI) facility in Bengaluru (Karnataka).
5. New Members nominated to Rajya Sabha (By president) -
  1. P.T. Usha (Athlete)
  2. Ilaiyaraaja (Music Composer)
  3. Veerendra Heggade (Philanthropist and social worker)
  4. V. Vijayendra Prasad Garu (Film Director and Screenwriter)
  5. Rajya Sabha Members -
    1. Rajya Sabha (Council of States) is Upper House of Parliament of India, with Membership limited to 250 members.
    2. 12 members are nominated by President for their contributions to art, literature, science, and social services. Members sit for six years term, with one-third of the members retiring every two years.
6. International Mathematical Union honored Four mathematicians with Fields Medals, including Winners include Hugo Duminil-Copin (France), June Huh (US), James Maynard (UK), Maryna Viazovska (Ukraine).
  1. Fields Medal is a prize awarded to two, three, or four mathematicians under 40 years of age, at International Congress of International Mathematical Union, held every four years. The name of the award honours the Canadian mathematician John Charles Fields
  2. It includes monetary award of CA$ 15000.
7. Boris Johnson resigned as UK Prime Minister. He will stay at position until a new party leader is elected.
8. Delhi Govt launched Mission Kushal Karmi to help construction workers improve their skills, with assistance from Delhi Skill and Entrepreneurship University (DSEU).
  1. Workers will upskill as part of this 15-day programme, which will increase their salaries by up to 8000. Govt aims to train 2 lakh workers in one year.
  2. Delhi govt also announced a new pilot project with UNICEF, to enable access to employment opportunities for students of Delhi Skill and Entrepreneurship University (DSEU).

Jul 4, 2022

July 4 marks US Independence Day, commemorating Declaration of Independence of United States on July 4, 1776.
PM Narendra Modi's Visit to Bhimavaram (Andhra Pradesh) & Gandhinagar (Gujarat) -
1. Bhimavaram -
  1. Launched year-long 125th birth anniversary celebrations of legendary freedom fighter Alluri Sitarama Raju in Bhimavaram (Andhra Pradesh), along with unveiling his 30-feet tall bronze statue.
  2. Alluri Sitarama Raju is remembered for his fight against the British, in order to safeguard interests of tribal communities in Eastern Ghats region. He had led the Rampa rebellion, which was launched in 1922. He is referred to as Manyam Veerudu (Hero of the Jungles) by the local people.
2. Gandhinagar -
  1. Inaugurated Digital India Week, a Digital Expo – Digital Mela at Gandhinagar (Gujarat), organized by Ministry of Electronics and information Technology with theme Digital India: Catalyzing New India’s Techade.
  2. He launched several initiatives during event -
    1. Digital India Bhashini - Will enable easy access to the internet and digital services in Indian languages.
    2. Digital India GENESIS (Gen-next Support for Innovative Startups) - A National Deep-tech Startup Platform, to discover, support, grow and make successful startups in Tier-II and Tier-III cities of India. A total outlay of ₹750 Crore has been envisaged for the scheme.
    3. Indiastack.global - A global repository of key projects implemented under India Stack like Aadhaar, UPI, Digilocker, CowiN Vaccination Platform, Government e MarketPlace (GeM), DIKSHA Platform and Ayushman Bharat Digital Health Mission.
    4. MyScheme - A service discovery platform facilitating access to Government Schemes.
    5. Meri Pehchaan (National Single Sign On for One Citizen Login) - A user authentication service in which a single set of credentials provide access to multiple online applications / services.
  3. It also notably included showcasing Legal Information Management and Briefing System (LIMBS), an innovative web-based application software tool which utilizes standard templates, monitors court cases in a proactive, transparent and effective manner.
Indian Naval Air Squadron 324 has been commissioned into Naval Service, at Visakhapatnam.
1. The unit is first Naval Squadron on Eastern Seaboard operating the indigenously built Advanced Light Helicopter (ALH) MK III (MR) helicopters.
2. INAS 324 has been named "KESTRELS”, which are birds of prey and have good sensory capabilities symbolising envisaged role of Aircraft and Air Squadron.
As per results of 3rd edition of Ranking of States on Support to Startup Ecosystems, released by Commerce and Industry Ministry -
1. States and UTs are classified into 5 Categories - Best Performers, Top Performers, Leaders, Aspiring Leaders and Emerging Start-up Ecosystems.
2. States -
  1. Best Performers - Gujarat and Karnataka.
  2. Top Performers - Kerala, Maharashtra, Orissa and Telangana.
  3. Leaders - Assam, Punjab, Tamil Nādu, Uttarakhand and Uttar Pradesh.
  4. Aspiring Leaders - Chhattisgarh, Delhi, Madhya Pradesh and Rajasthan.
  5. Emerging Start-up Ecosystem - Andhra Pradesh, Bihar.
3. UTs and North-eastern (NE) States -
  1. Best Performer - Meghalaya.
  2. Top Performer - Jammu & Kashmir.
  3. Leaders - Andaman & Nicobar Islands, Arunachal Pradesh and Goa.
  4. Aspiring Leaders - Chandigarh, Dadra and Nagar Haveli & Daman and Diu, Himachal Pradesh, Manipur, Nagaland, Puducherry and Tripura.
  5. Emerging Start-up Ecosystem - Mizoram and Ladakh.
Sini Shetty from Karnataka won Femina Miss India 2022 Title. Also, Rubal Shekhawat was named as 1st runner up and Shinata Chauhan as 2nd Runner up.
1. Winner Sini Shetty will now present India at 71st Miss World Pageant 2022.

Ferraris' Carlos Sainz (France) won British Formula One Grand Prix 2022.

F1 Season 2022 -

Grand Prix	Winner	Race date
Bahrain Grand Prix	Ferrari's Charles Leclerc (Monaco)	20 March
Saudi Arabian Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	27 March
Australian Grand Prix	Ferrari's Charles Leclerc (Monaco)	10 April
Emilia Romagna Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	24 April
Miami Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	8 May
Spanish Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	22 May
Monaco Grand Prix	Red Bull's Sergio Pérez (Mexico)	29 May
Azerbaijan Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	12 June
Canadian Grand Prix	Red Bull's Max Verstappen (Belgian-Dutch)	19 June
British Grand Prix	Ferraris' Carlos Sainz (France)	3 July
Austrian Grand Prix		10 July
French Grand Prix		24 July
Hungarian Grand Prix		31 July
Belgian Grand Prix		28 August
Dutch Grand Prix		4 September
Italian Grand Prix		11 September
Singapore Grand Prix		2 October
Japanese Grand Prix		9 October
United States Grand Prix		23 October
Mexico City Grand Prix		30 October
São Paulo Grand Prix		13 November
Abu Dhabi Grand Prix		20 November

As per RBI's 25th issue of Financial Stability Report (FSR) -
1. Capital to risk weighted assets ratio (CRAR) of scheduled commercial banks (SCBs) rose to a new high of 16.7 %, while their gross non-performing asset (GNPA) ratio fell to six-year low of 5.9 % in March 2022.
2. About -
  1. FSR reflects collective assessment of Sub-Committee of Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the financial system.
2022 Malaysia Open -
1. Men's singles - Viktor Axelsen (Denmark)
2. Women's singles - Ratchanok Intanon (Thailand)
3. Men's doubles - Japan's Takuro Hoki AND Yugo Kobayashi
4. Women's doubles - Indonesia's Apriyani Rahayu AND Siti Fadia Silva Ramadhanti
5. Mixed doubles - China's Zheng Siwei AND Huang Yaqiong

Jul 3, 2022
1. Alok Aradhe has been named acting Chief Justice of Karnataka High Court.
2. International Financial Services Centres Authority (IFSCA) issued a framework for Angel funds under IFSCA (Fund Management) Regulations 2022 (which was issued earlier in April 2022) -
  1. A Fund Management Entity (FME) in IFSC will be able to launch Angel Fund by filing a placement memorandum with Authority under a Green Channel.
  2. Angel Funds shall accept investments from accredited investors or investors who are willing to commit at least USD 40000 over 5 years.
  3. While investment (s) by an Angel Fund in a start-up is capped at USD 1500000, the Angel fund is permitted to invest in subsequent rounds of fund raising by start-up, to protect its shareholding from dilution.
3. MISC. MOUs (July 2022) -
  1. CSIR-CSIO Chandigarh & Engineers India Limited signed agreement for joint commercialization of Earthquake Warning System developed by CSIO.
  2. Indian Institute of Entrepreneurship (IIE) Guwahati signed MoU with Incubation and Enterprise Support Centre of Indian Institute of Management Shillong (IIMS), to boost entrepreneurial ecosystem in North Eastern Region.
  3. Airports Authority of India signed Operation & Management agreement for operationalization of five airports owned by Government of Uttar Pradesh for 30 years. These airports are at Aligarh, Azamgarh, Chitrakoot, Muirpur & Shravasti.
  4. Department of Telecommunications signed agreement with Indian Telephone Industries (ITI) Limited and Bharat Sanchar Nigam Limited (BSNL), to fund pilot projects of E-band, LTE indigenous technologies including integration of 4G/5G prototypes with C-DoT core.
  5. NTPC Renewable Energy Limited signed MOU with Government of Rajasthan, for development of 10 GW Ultra Mega Renewable Energy Power Park in Rajasthan, as part of NTPC's target of 60 GW Renewable energy capacity by 2032.
  6. NTPC and Masen (Moroccan Agency for Sustainable Energy) signed MOU for cooperation in renewable energy sector, during 17th CII EXIM conclave on India-Africa growth partnership held in New Delhi.
  7. India and UK signed two MoUs on mutual recognition of educational qualifications including maritime education and a Framework Agreement on health care work force, during India-UK trade talks.
  8. RBI and Bank Indonesia signed MoU in Bali (Indonesia), on sidelines of G20 Finance Ministers and Central Bank Governors Meeting, to improve cooperation in Payment Systems, Digital Financial Innovation, and Anti Money Laundering and Combating the Financing of Terrorism (AML-CFT).
  9. MoU signed between Tamil Nadu Govt and Singapore-based IGSS Ventures, for establishing a 300-acre semiconductor high-tech park in State, with investment of 25600 crores.
  10. Tata Power signed agreement with Tamil Nadu government, to invest 3000 crores in construction of a new solar cell and module manufacturing facility in state’s Tirunelveli district.
  11. Punjab National Bank signed MoU with Indian Air Force under its flagship scheme, PNB Rakshak Scheme.
  12. Flipkart signed MOU with Bihar State Skill Development Mission, to start Supply Chain Operations Academy (SCOA) projects in state, and train young people with skills needed in supply chain management.
4. Misc. Defence News (July 2022) -
  1. Desert Corps of Indian Army organised Suraksha Manthan 2022, on aspects of Border & Coastal Security at Jodhpur (Rajasthan).
  2. IAF Centre of Excellence for Artificial Intelligence under the aegis of UDAAN (Unit for Digitisation, Automation, Artificial Intelligence and Application Networking), has been inaugurated at Air Force Station Rajokri (New Delhi).
  3. A Maritime Partnership Exercise (MPX) conducted between Japan Maritime Self Defense Force and Indian Navy in Andaman Sea.
Jul 2, 2022
1. July 2, 2022 is Observed as UN International Day of Cooperatives. 2022 theme is Cooperatives Build a Better World. It is observed on First Saturday of July.
  1. Note that 2022 edition marks 100th observation of International Day of Cooperatives.
  2. July 2 is also observed as -
    1. World Sports Journalists Day.
    2. World UFO (Unidentified Flying Objects) day, observed since 2001. On some places, it is observed on June 24, the date on which 9 unusual objects were saw flying over Washington (USA) in 1947.
2. Govt announced to run a cleanliness campaign Swachh Sagar, Surakshit Sagar, along India’s entire coastline of 7516 KM, to observe International Coastal Clean Up Day on Sep 17, 2022 (observed annually on third Saturday of September).
3. Book Gandhi and the Champaran Satyagraha: Select Readings, edited by Jadavpur University Vice-Chancellor Suranjan Das, has been released.
4. Michelle Poonawalla, Sadhu Bhramvihari, Lord Rami Ranger and Rita Hinduja Chhabria have been honored with Shiromani Award at NRI World Summit 2022 in United Kingdom.
5. T. Raja Kumar of Singapore has been appointed as new president of Financial Action Task Force (FATF), the anti-money laundering agency.
6. UK’s All-Party Parliamentary Group on Indian Traditional Sciences (ITSappg) conferred Ayurveda Ratna Award on Tanuja Nesari (Director of All India Institute of Ayurveda (AIIA)), for her contribution to prmoting growth of Ayurveda in India and abroad.
7. Expanded paperback edition of chess champion Viswanathan Anand’s memoir Mind Master: Winning Lessons from a Champion’s Life, has been released.
8. Govt revamped Banks Board Bureau (BBB), which recommends appointment of directors of state-owned banks and financial institutions, into Financial Services Institutions Bureau (FSIB).
  1. Guidelines for selection of general managers and directors of public sector general insurance companies have been made part of FSIB.
  2. Amendments were required as Delhi High Court earlier ruled that BBB is not a competent body to select general managers and directors of state-owned general insurers.
9. PESB recommended Sandeep Kumar Gupta as next Chairman of GAIL (India) Ltd, a maharatna PSU and India’s largest gas transmission and gas marketing company.
10. Ferdinand Marcos Jr (Bongbong Marcos) has been named as new President of the Philippines (Southeast Asia).
11. As per 3rd States’ Startup Ranking 2021 Results -
  1. Gujarat and Karnataka emerged best performers, while Meghalaya bagged top honour among Northeastern (NE) states.
Jul 1, 2022
1. New labour codes came into effect from July 1, 2022 onwards, framed after amalgamating 29 labour laws now into 4 labour codes. Under this -
  1. A set of 4 New Labour codes have been introduced by Central Government, with new rules on wages, industrial relations, social security and occupational safety, health and working conditions.
  2. Highlights include -
    1. 4-day work week -
      1. Employers can allow their employees to work for four days a week instead of the traditional five days of the week. However, the employees who will opt for a four-day work week will see an increase in work as their working hours will increase to 12 hours.
      2. Total working hours will remain unchanged at 48 hours.
    2. Eligibility for leave -
      1. Earlier law required to have worked for a minimum of 240 working days in a year to ask for leave. It has now been reduced to 180 working days.
    3. Take Home Salary will go down, as PF contributions of employees and employers will increase. Under new Labour Codes, Provident Fund contribution is required to be a proportion of 50 per cent of gross pay.
2. Yair Lapid has been appointed as 14th Prime Minister of Israel, succeding Naftali Bennett.
3. Observations on July 1 -
  1. July 1 is Observed as GST (Goods & Services Tax) Day. GST regime came into Force on July 1 2017, unifying indirect taxes in India into One.
  2. July 1 is observed as Doctors Day in India. This day honours legendary physician and second Chief Minister of West Bengal, Dr. Bidhan Chandra Roy.
  3. July 1 is observed as Chartered Accountants Day In India.
  4. July 1 is Observed as National Postal Worker Day in India.
  5. July 1 is observed as Foundation Day of SBI, India's Largest Bank. On 1 July 1955, Imperial Bank of India became State Bank of India.
4. India’s 2nd largest floating Solar Power Project is now operational, with NTPC beginning Commercial Operations of final part capacity of 20 MW out of 100 MW Ramagundam Floating Solar PV Project at Ramagundam, Telangana.
  1. Few days back, Tata Power subsidiary Tata Power Solar commissioned India's largest floating solar power project in Kayamkulam (Kerala), on a 350-acre water body, with installed capacity of 101.6 Megawatt Peak.
  2. Also, world’s largest floating solar power plant will be built at Khandwa in Madhya Pradesh, which will generate 600 Megawatt power. It will be constructed at cost of over 3000 crore, over Omkareshwar Dam.
5. 2022 United Nations Ocean Conference (Lisbon, Portugal) -
  1. Co-hosted by Kenya and Portugal, to seek to propel much needed science-based innovative solutions aimed at saving global oceans.
  2. Overarching theme of 2022 UN Ocean Conference is Scaling up ocean action based on science and innovation for the implementation of Goal 14: stocktaking, partnerships and solutions. It was originally scheduled to be held in 2020, however, it had to be postponed due to COVID-19 pandemic.
  3. Union Minister Jitendra Singh attended on India's Behalf. India reiterated its goals -
    1. To reduce India’s emissions by 45 percent by adding 500 gigawatts of renewable energy, thereby reducing almost 1 billion tonne of CO2 emissions.
    2. To protect at least 30 % of lands, waters and oceans, to adhere to its commitment of global goal of 30x30 by 2030.
      1. Note that India joined High Ambition Coalition for Nature and People, which was initiated at One Planet Summit in Paris in January 2021, which aims to promote an international agreement to protect at least 30% of the world's land and ocean by 2030 called 30 by 30 or 30x30.
6. Gross GST revenue collected in June 2022 stood at 144616 crores (CGST 25306 crores, SGST 32406 crores, IGST 75887 crores and cess 11018 crores). It is 2nd highest monthly GST collection so far, with highest being in April 2022 (167540 crores).
7. IN-SPACe (Indian National Space Promotion and Authorization Center) and ISRO successfully launched two payloads of Indian Start-ups, onboard PSLV C53 mission.
  1. Three satellites from Singapore were primary payload, whereas payloads from two Indian startups, Dhruva Space and Digantara, were also launched to low-Earth orbit.
  2. Singapore satellites included DS-EO, NeuSAR and Scoob-1 satellites (Nanyang Technological University).
  3. PSLV-C53 mission was 2nd dedicated private mission of New Space India Limited (NSIL), a state-owned firm under Department of Space. First commercial mission of NSIL was Feb 2021 launch of Amazonia-1 for Brazil along with 18 co-passenger satellites, onboard PSLV C-51.
8. Misc. Financial News (July 2022) -
  1. Tata Steel Long Products Limited completed Strategic acquisition of Neelachal Ispat Nigam Limited (NINL), a Joint Venture of 4 CPSEs - MMTC (49.78%), NMDC (10.10%), BHEL (0.68%), MECON (0.68%) and 2 Odisha PSUs - OMC (20.47%) and IPICOL (12.00%). Enterprise Value paid by Buyer is 12,100 Crores.
  2. Ministry of Defence assigned 3 Private Banks (HDFC, ICICI and Axis Bank), to provide Letter of Credit and Direct Bank Transfer business for overseas procurement by the Ministry.
  3. Department of Consumer Affairs launched Jagriti, a mascot for empowering consumers and generating awareness of their rights.
  4. Competition Commission of India approved acquisition of stake (11.43 %) in Tata Power Renewable Energy Limited by Greenforest New Energies Bidco Limited, for approx 2000 crores.
  5. Competition Commission of India approved acquisition of Citibank India's consumer banking activities by Axis Bank, for approx 12325 crores.
  6. NDDB's new subsidiary NDDB MRIDA Limited has been launched, tasked to take forward manure management initiatives across country.
  7. Notable Monetary Penalties by RBI -
    1. Federal Bank - 5.72 Crore
    2. Kotak Bank - 1.05 Crore
    3. Indusind Bank - 1 Crore
    4. Ola Financial Services -1.678 Crore
  8. RBI cancelled license of Pune based Shri Anand Co-operative Bank Ltd, ceasing it from carrying on banking business.
  9. Bancassurance agreement signed between Paschim Banga Gramin Bank and SBI Life Insurance. Under it, bank will promote Insurer's products to its customers.
  10. Max Life Insurance launched Instant Insurance Confirmation (Insta-COI)+, as a digital customer assistance solution.
  11. SEBI has put penalties of 7 Crore on National Stock Exchange (NSE) and 5 crore on former NSE MD and CEO Chitra Ramkrishna , in a 2015 ‘dark fibre’ case that saw certain brokers exploiting the internet infrastructure to get faster connectivity to its colocation (colo) facilities.
  12. SBI Cards partnered with Aditya Birla Finance, for launch of co-branded Aditya Birla SBI Card.
  13. South Indian Bank signed agreement with Kerala’s Forest and Wildlife Department to enable digital collection of payments.
  14. SBI General Insurance launched Cyber VaultEdge insurance plan, to provide protection against financial losses arising from cyber risks and attacks.
  15. Union Bank of India introduced a Metaverse Virtual Lounge – Uni-verse , along with an Open Banking Sandbox environment, in collaboration with Tech Mahindra.
  16. Ministry of Commerce and Industry approved continuation of Scheme for Rebate of State and Central Taxes and Levies (RoSCTL), with same rates as announced by Ministry of Textiles for exports of apparel/garments and made-ups until March 31, 2024, to increase exports and generate employment in textile industry.
9. Obituaries (July 2022) -
  1. P. Gopinathan Nair - Noted Gandhian and freedom fighter.
  2. Shinzo Abe - Former Prime Minister of Japan.
  3. Bhupinder Singh - Noted musician and singer.
  4. Narsinhbhai Patel - Noted freedom fighter (Gujarat).
  5. Atulanada Goswami - Noted Assamese writer.
  6. Sushovan Bandyopadhyay - Noted Padma Shri Awardee Physician. He used to treat needy people for one rupee.
  7. Ambika Rao - Noted Malayalam actor.
  8. EN Sudhir - Former India Footballer.
  9. Peter Brook - Noted British theatre director.
  10. Tarun Majumdar - Noted Bengali film director.
  11. Brijendra K Syngal - Known as Father of Indian Internet. He was Former Chairman of Videsh Sanchar Nigam (now known as Tata Communications Limited).
  12. Jose Eduardo Dos Santos -Former Angolan President, noted as second-longest-serving president in Africa, surpassed only by Teodoro Obiang Nguema Mbasogo of Equatorial Guinea.
  13. Barry Sinclair - Former New Zealand cricketer.
  14. Monty Norman - Noted British composer, mainly known for composing theme tune for James Bond films.
  15. Avdhash Kaushal - Noted social worker and Padma Shri awardee.
  16. Nirmal Singh Kahlon - Former Punjab Assembly Speaker.
  17. Achuthan Kudallur - Noted Kerala-born painter.
  18. Anant Yashwant Khare - Noted Marathi writer.
10. Misc. Sports News / Events (Jul 2022) -
  1. 1st Khelo India Fencing Women’s League held at Talkatora Indoor Stadium (New Delhi).
  2. England all-rounder Ben Stokes announced his retirement from ODI cricket.
  3. India's 94-year-old Bhagwani Devi Dagar won a gold and 2 bronze at World Masters Athletics championships 2022 in Tampere (Finland).
    1. She won gold in 100 metre sprint event, with a timing of 24.74 seconds.
  4. Indian Cricketer Jasprit Bumrah surpassed Brian Lara's world record of maximum runs scored in a over in a Test match, by scoring 29 runs in an over by Stuart Broad (ENG).
  5. India won 14 medals (2 gold, 2 silver and 10 bronze) at Elorda Cup Boxing (Nur-Sultan, Kazakhstan). Gold medals were won by Alfiya Pathan and Gitika.
  6. 36th National Games will be held in Gujarat, from September 27 to October 10, 2022.
    1. Earlier edition, 35th national games, was held in Kerala in 2015.
  7. Indian Chess Player D. Gukesh won Gijon Chess Masters (Spain). Also, Indian Chess Player Aravindh Chithambaram won 41st Villa De Benasque International Chess Open in Spain.
  8. India won 22 medals (Including 4 Gold) at U20 Asian Wrestling Championships in Manama (Bahrain). Gold winners include Priyanka (65kg), Aainrju (68kg), Antim (53kg), Sujeet (65kg).
  9. Mohammed Shami became fastest Indian bowler to 150 ODI wickets, achieving it against England, in his 80th Match. Shami also became joint-third fastest ever to take 150 ODI wickets along with Afghanistan’s Rashid Khan. Australia’s Mitchell Starc (77 matches) and Pakistan’s Saqlain Mushtaq (78 matches) hold top-two positions in this regard.
  10. Former India captain and current BCCI president, Sourav Ganguly has been felicitated by British Parliament, on same date July 13 when he led India to Natwest final win in 2002.
  11. Reliance Industries and Athletics Federation of India signed a long-term partnership, to enable holistic growth of athletics in India.
  12. Lleyton Hewitt, noted Tennis player from Australia, has been inducted into International Tennis Hall of Fame. He is 2 time Grand Slam champion (2001 US Open and 2002 Wimbledon) and former world number one.
  13. West Indies Cricketers Denesh Ramdin and Lendl Simmons announced their retirement from international cricket.
  14. Bangladesh Cricketer Tamim Iqbal announced retirement from T20 International Cricket.
  15. Games Wide Open has been marked as official slogan for 2024 Paris Summer Olympics.
  16. Four-time Formula One champion, Sebastian Vettel (Germany) announced his retirement.
11. Misc. / Industrial Awards (Jul 2022) -
  1. Indian IT Firm HCL Technologies has been named among Microsoft Partner of the Year Awards 2022, in Healthcare and Life Sciences category.
  2. Ashok Soota (founder of Happiest Minds Technologies), has been conferred with CII Quality Ratna Award 2021. The award was constituted in 2019, to honor outstanding contribution and distinguished service to Quality Movement in India.
  3. Development Bank of Singapore (DBS Bank) has been recognized as ‘World’s Best SME Bank’ by Euromoney for second time (the first time in 2018).
12. Misc. Appointments (Jul 2022) -
  1. BJP's Rahul Narwekar has been elected as new Speaker of Maharashtra Legislative Assembly. Also, he is youngest state assembly speaker in India.
  2. Ketanji Brown Jackson has been appointed as first Black woman Judge in US Supreme Court.
  3. Suranjan Das (Jadavpur University Vice-Chancellor ) has been appointed as president of Association of Indian Universities (AIU).
  4. SBI General Insurance named Paritosh Tripathi as its MD & CEO.
  5. Rajendra Prasad has been appointed as Managing Director of PSU National High-Speed Rail Corporation Limited (NHSRCL).
  6. Yuvajana Sramika Rythu Congress (YSRC) elected Y S Jagan Mohan Reddy (chief minister of Andhra Pradesh), as its president for life.
  7. Sanjai Kumar has been appointed as CMD of Railway PSU RailTel.
  8. RBI approved Meena Hemchandra's appointment as part-time chairman of Karur Vysya Bank.
  9. Vineet Saran (Former Supreme Court judge) has been named as Board of Control for Cricket in India (BCCI) ethics officer and ombudsman.+
  10. Rajarshi Gupta has been named as MD of ONGC Videsh, the international arm of ONGC.
  11. Sanjay Arora has been named as new Delhi Police commissioner.
13. Fulfilling a key poll promise, Aam Aadmi Party's Punjab Govt. announced 300 units of free electricity every month to every household in state, applicable from July 1, 2022.
  1. Users will have to pay full bill if their usage exceeds 600 units in two months. However, those belonging to backward castes, scheduled castes, below-poverty-line households and freedom fighters will be charged just for the usage over and above 600 units.
14. Himachal CM Jai Ram Thakur launched Himachal Road Transport Corporation's Naari Ko Naman scheme. Under it, HRTC will charge women travellers only half the fare for their travel within the state.

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