Current Affairs Today 1st & 2nd July 2018 |Current Affairs News

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CURRENT AFFAIRS: IMPORTANT DAYS

SBI Day:

The 63rd foundation day of the State Bank of India was largely attended by staff and

families at Tagore Theatre

CURRENT AFFAIRS: NATIONAL

Government forms panel to upgrade norms for state, district level economicdata collection:

The government has set up a 13-member committee to upgrade the norms for

computation of economic data at states and districts level in the backdrop of plans to

revise the base year for National Accounts or GDP calculation.

The Ministry of Statistics and Programme Implementation (MOSPI) will change the base

year to 2017-18 for the calculation of GDP and IIP numbers from the current 2011-12

with an aim to capture changes in the economy.

The Committee for Sub-National Accounts will be headed by Ravindra H Dholakia, a

retired professor of IIM Ahmedabad.

Tax department launches ‘instant’ PAN card service:

The Income Tax Department has launched an ‘instant’ Aadhaar-based PAN allotment

service for individuals seeking the unique identity for the first time.

“This facility is free of cost and instant allotment of e-PAN is available for a limited period

on a first-come, first-served basis for valid Aadhaar holders,”

Aadhaar, PAN Linking Deadline Extended To March 31 Next Year

The Central Board of Direct Taxes (CBDT) has extended the time for linking PAN with

Aadhaar till 31 March 2019. This is the fifth time that the government has extended the

last date. The earlier deadlines for linking Aadhaar-PAN were July 31, August 31 and

December 31, 2017, March 31 and June 30 this year. India had launched Aadhaar, now

the world’s biggest biometric database, in 2009 to streamline welfare payments and

reduce wastage in public spending.

CURRENT AFFAIRS: INTERNATIONAL

China conducts drill in Tibet 1st time since Doklam standoff

China’s People’s Liberation Army (PLA) conducted a drill in Tibet “to test their logistics

and armament support capabilities. This was reportedly the first drill carried out by China

in Tibet since the Doklam standoff with India last year. The drill was a move towards

enhancing military-civilian integration in the region.

USEFUL INFOChina Capital Beijing

Currency YuanPresident Xi Jinping

CURRENT AFFAIRS: STATE

Andhra mulls issuing bonds for Rs.42,000 crore to fund construction ofAmravati:

Realizing that the chances of securing assistance from the Centre are remote at this

point, the Andhra Pradesh government is examining the possibility of issuing bonds worth

Rs.42,000 crore for the construction of its capital city, Amravati. The State’s Capital

Region Development Authority (CRDA) officials are “working on the proposal,” according

to sources.

USEFUL INFOAndhra Pradesh Capital Hyderabad (Future-

Amaravati)CM Chandra Babu Naidu

Governor ESL Narashiman

TNPCB issued closure notice to Sterling Biotech Limited

Sterling Biotech Limited, a pharmaceutical company, has been accused of defying

environment norms and discharging untreated effluent into the Pykara Dam and the

nearby reservoirs. The Tamil Nadu Pollution Control Board (TNPCB) has served the notice

on manufacturing unit after it failed to meet the deadline to set up the treatment facility.

USEFUL INFOTamil Nadu Capital Chennai

CM Edapadi PalanisamyGovernor Banwarilal Prohibt

Sathyasri Sharmila from Tamil Nadu becomes First Transgender Lawyer ofIndia:

36 year-old Sathyasri Sharmila from Paramakudi in Ramanathapuram district, Tamil

Nadu has become the first transgender lawyer to enroll herself with the Bar Council of

Tamil Nadu and Puducherry (BCTNP). On a related note, Rajasthan’s Ganga Kumari was

appointed as the first transgender woman constable after Justice Dinesh Mehta issued

the order. Meanwhile, West Bengal’s Joyita Mondal was appointed the Lok Adalat judge of

Islampur in North Dinajpur district, thus giving India its first transgender judge.

Monti Rajkhowa, the First Assamese Woman To Scale Mount Kanchenjunga

Monti, who is professionally an executive engineer of Oil and Natural Gas Corporation

(ONGC) based in Mumbai, is the first lady ONGC officer among her male counterparts to

have managed to scale the world’s toughest peak. She was born and brought up in

Meghalaya. The ONGC Kanchenjunga expedition was flagged off by Union Minister

Dharmendra Pradhan in April 2018. Mount Kanchenjunga is the third highest mountain in

the world

USEFUL INFOAssam Capital Dispur

CM Sarbananda SonowalGovernor Jagdish Mukhi

Nissan signs MoU with Kerala government for digital hub

Nissan Motor signed a Memorandum of Understanding (MoU) with the Government of

Kerala to establish a new global center for its digital operations in India. The Nissan

Digital Hub in Kerala will serve as an important engine to drive Nissan’s global digital

transformation. The hub also seeks in transforming Nissan’s global business by placing

digital technology at its operations and service. For this project, the Kerala government

has provided 70 acres of land to Nissan to set up the digital hub at the Technocity

campus, Pallipuram.

USEFUL INFO

Kerala Capital TiruvanandapuramCM Pinarayi Vijayan

Governor P.Sadasivam

Arunachal Pradesh govt plans to repeal anti conversion law

Arunachal Pradesh chief minister Pema Khandu said the law against conversions could

undermine secularism and is probably targeted towards Christians. The state passed the

Arunachal Pradesh Freedom of Religion Act in 1978, becoming the third state in the

country after Odisha (1967) and Madhya Pradesh (1968) to do so. Anti-conversion law

was passed in 1978. The two main religions observed by people of Arunachal Pradesh are

Christianity and Buddhism.

USEFUL INFOArunachal Pradesh Capital Itanagar

CM Pema KhanduGovernor B. D. Mishra

Haryana Government is going to host 2018 World Union of WholesaleMarkets

Haryana will host 33rd World Union of Wholesale Markets (WUWM) Conference in

Gurugram from October 10-13 this year. Heads of 200 mandis from across the world will

participate in this Conference. Haryana State Agricultural Marketing Board will organise

this conference. Countries from Asia, North and South America, Africa and Europe will

also participate in the conference. Information related to reforms all over the world will

be shared so that India could move towards a single unified world market.

CURRENT AFFAIRS: BANKING AND FINANCE

FPI outflows hits 10-year high at Rs48,000 cr:

Overseas investors have pulled out nearly Rs.48,000 crore from Indian capital markets in

the first six months of 2018, making it the steepest outflow in a decade, following high

crude oil prices and trade war worries.

Money in Swiss banks: India moves to 73rd place, UK remains on top

India has moved up 15 places to 73rd in terms of money parked by its citizens with

Swiss banks in 2017, while the UK remains on top. India had slipped to 88th place with a

44 per cent plunge in such funds during 2016, but the latest data from the Swiss

National Bank (SNB) shows an increase of over 50 per cent during 2017 to CHF 1.01

billion (about Rs 7,000 crore). Pakistan is now placed one place higher than India at

72nd position.

Govt notifies Electoral Bond Scheme 2018 via Gazette Notification

As per provisions of the Scheme, Electoral Bonds may be purchased by a person, who is

a citizen of India or incorporated or established in India. A person being an individual can

buy Electoral Bonds, either singly or jointly with other individuals. Only the Political

Parties registered under Section 29A of Representation of People Act, 1951 & which

secured not less than 1% of the votes polled in last General Election or the Legislative

Assembly of the State, shall be eligible to receive Electoral Bonds.

Electoral Bonds shall be encashed by an eligible Political Party only through a Bank

account with the Authorized Bank. Electoral Bonds shall be valid for fifteen calendar days

from the date of issue and no payment shall be made to any payee Political Party if the

Electoral Bond is deposited after expiry of the validity period. The Electoral Bond

deposited by an eligible Political Party in its account shall be credited on the same day.

India increases GEF grants to 15 million dollar from 12 million dollar

India will increase the money it pays to the Global Environment Facility (GEF) for the

next four years to $15 million, from the $12 million currently. India has decided to

increase its commitments to the GEF’s new four-year investment cycle, known as GEF-7.

India is among the world’s most vulnerable countries to climate change. India is both a

donor and a recipient of grants from the GEF, which an international partnership of 183

countries.

CURRENT AFFAIRS: SUMMIT AND CONFERENCE

Suresh Prabhu addressed Renewable Energy Dialogue 2018 in New Delhi

India has set a target of achieving 40% of its total electricity generation non-fossil fuel

sources by 2030. Government of India’s target of installing 20 GW of solar power by

2022 was achieved four years of ahead of schedule in January, 2018 through solar parks

and India has set a fresh target of achieving 100 GW of solar power by 2022

CURRENT AFFAIRS: APPOINTMENTS

Alka Tiwari is new Central Vigilance Commission (CVC) Secretary:

IAS officer Alka Tiwari has been appointed Secretary, Central Vigilance Commission

(CVC), in a major reshuffle of Central government officials, an order from the Ministry of

Personnel said. Twenty officials have been appointed as Secretaries, Additional

Secretaries and Joint Secretaries in various departments.

Ravi Thapar to be the next Ambassador of India to the Republic of Costa Rica

Shri Ravi Thapar, presently Ambassador of India to Panama, has been concurrently

accredited as the next Ambassador of India to the Republic of Costa Rica. He is an Indian

Foreign Service (IFS) officer of 1983 batch and expected to take up the assignment

shortly. Costa Rica President – Carlos Alvarado Costa Rica Capital – San Jose.

CURRENT AFFAIRS: AWARDS AND HONOURS

Irrfan Khan honoured with Icon Award at the London Indian Film Festival

Irrfan, who is undergoing treatment in London for a neuroendocrine tumour, accepted his

award privately. Richa Chadha won the Outstanding Achievement Award, while Manoj

Bajpayee was also awarded an Icon Award. British comedy ‘Eaten By Lions’ won this

year’s top prize, voted by the audience.

CURRENT AFFAIRS: RANKING

Chennai airport could soon lose 4th busiest tag to Hyderabad

Chennai airport which is currently the fourth busiest in the country might soon lose its

position to Hyderabad. So far, Delhi stands first busiest in the country followed by

Mumbai, Bengaluru, Chennai, Kolkata, and Hyderabad in terms of passenger movement.

The Airports Authority of India (AAI) shows that Hyderabad recorded 13.8

lakhs passengers, whereas Chennai recorded 13.5 lakhs users in April 2018. Between

April 2017 and April 2018, Hyderabad airport has seen an increase of 25% in the total

number of passengers traveled while Chennai has seen 13.7% growth.

CURRENT AFFAIRS: DEFENCE

INS Sahyadri wins praise for integrating yoga into regime:

Indigenously built stealth frigate, INS Sahyadri, which is participating in RIMPAC (Rim of

the Pacific Exercise), the world’s largest international maritime exercise, has been

adjudged runner-up in an innovation competition during the harbour phase of the

exercise.

“INS Sahyadri presented the ‘idea of integrating yoga into our daily life as technology for

well-being during extended deployments for ships’. The topic essentially brought out the