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Current Affairs 10 July 2020

Current Affairs July 10 2020 newWe are here for you to provide the important Recent and Latest Current Affairs 10 July 2020, which have unique updates of Latest Current Affairs 2020 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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Top 15 Current Affairs of 10 July 2020

NATIONAL AFFAIRS

Rajnath Singh e-Inaugurated Rs 43 cr Six Strategic Bridges in J&K; Built by Border Road OrganisationShri Rajnath Singh e-inaugurates six strategic bridges

i.On July 9, 2020, Defence Minister Rajnath Singh inaugurated six strategic bridges in the border areas close to the International Border (IB) and Line of Control (LoC) in Jammu and Kashmir (J&K) through video conferencing, from New Delhi. These were built in a record time by the Project Sampark of Border Road Organisation (BRO). 
ii.The total outlay of the following bridges is Rs 43 crore:

  • Tarnah-I Bridge (160m)
  • Tarnah-II Bridge (300m)
  • Palwan Bridge (91m)
  • Ghodawala Bridge (151m) 
  • Pahadiwala Bridge (61m)
  • Panyali Bridge (31m)

About Border Road Organisation (BRO)
Director General– Lt Gen Harpal Singh
Headquarters– New Delhi
<< Read Full News >>

CBDT signed an MoU with SEBI for the Data ExchangeMoU between CBDT and SEBI

The Central Board of Direct Taxes (CBDT) and Securities and Exchange Board of India (SEBI) signed a Memorandum of Understanding (MOU) for the data exchange between the two organisations via video conference.
i.It facilitates sharing of data and information automatically between the two organisations on a regular basis.
ii.The MoU comes into force from the date of signing.
About Securities and Exchange Board of India:
Headquarters: Mumbai
Chairman: Shri Ajay Tyagi
About Central Board of Direct Taxes: 
Headquarters: New Delhi
Chairperson: Pramod Chandra Mody
<< Read Full News >>

Odisha CM Naveen Patnaik Launches BLUIS, First of its Kind in India to Use Space Technology & Artificial Intelligence to Monitor Government LandsOdisha CM Naveen Patnaik launches BLUIS

i.On 8th July 2020, The Chief Minister of Odisha, Naveen Patnaik, launched the Bhubaneswar Land Use Intelligence System (BLUIS), a flagship development of the General Administration and Public grievances departments.
ii.Odisha becomes the first state in India to use high resolution satellite imagery utilising space technology and artificial intelligence to monitor government lands.
iii.BLUIS is a web and mobile based solution to monitor the unauthorised change of land use and to prevent the encroachment of government lands,
About Odisha:
Chief Minister– Naveen Patnaik
Governor– Ganeshi Lal
Capital– Bhubaneswar 
<< Read Full News >>

IIT Alumni Council Signs MoU with CSIR-IGIB for Joint Research on COVID-19 & Patient Data AnalysisIIT Alumni Council and CSIR-IGIB sign MoU for joint

i.On 8th July 20202, The Alumni Council of Indian Institute of Technology (IIT AlumniCouncil) signed an agreement for joint research on COVID-19 and patient data analysis with the Council of Scientific and Industrial Research – Institute of Genomics and Integrative Biology (CSIR-IGIB).
ii.The IIT Alumni Council is setting up the MegaLab” in Mumbai, the world’s largest molecular diagnostic lab and MegaTx” antibody facility for treatment based biologics.
About IIT Alumni Council:
i.This is the largest body of Alumni, students and faculty of all the 23 IITs and other partnering technical institutes.
ii.The council is formed in 2019 to carry out projects with social importance.
About CSIR-IGIB:
CSIR-IGIB engages in the research of national importance in the areas of genomics, molecular medicine, bioinformatics and proteomics.
Director– Dr. Anurag Agrawal
Location– New Delhi
<< Read Full News >>

IIT-H collaborates with NVIDIA to establish India’s 1st NVIDIA AI Technology CentreIndia's first AI Technology Centre

Indian Institute of Technology – Hyderabad(IIT-H) collaborates with NVIDIA to establish  India’s first ‘NVIDIA Artificial Intelligence(AI) Technology Centre'(NVAITC) to speed up the research work on AI and its commercial purpose. 
About the Collaboration
i.The collaboration focuses on  improvising AI research in the aspects of agriculture, smart cities and language understanding.
ii.It will also aid to find innovative solutions to the unique Indian challenges and to real-world challenges.
About NVIDIA:
NVIDIA is a multinational technology company,
Headquarters- California, United States
Co-Founder, President and CEO– Jensen Huang
About IIT-H:
Director– B.S.Murty
<< Read Full News >>

Cabinet approvals on July 8, 2020Cabinet approvals May 20

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the following proposals on July 8, 2020:

  • Cabinet approved Rs. 1 Lakh cr financing facility under ‘Agriculture Infrastructure Fund’
  • Cabinet approved Rs.12,450 crore capital infusion for 3 Public Sector General Insurance Companies – OlCL, NICL & UIICL; their merger halted
  • Cabinet approved extension of EPF contribution  of 24% for another three months from June to August 2020 under PMGKY
  • Cabinet approves developing of Rs 600 crore Affordable rental housing Complexes for urban migrants / poor
  • Cabinet approved 3 months extension of “Pradhan Mantri Garib Kalyan Yojana- Ujjwala” for beneficiaries w.e.f. 01.07.2020
  • Cabinet approves extension of PMGKAY for 5 months; distribution of free of cost Whole Chana from July to November, 2020
  • Cabinet approves extension of PMGKAY for 5 months; distribution of free of cost Grains from July to November, 2020

<< Read Full News >>

INTERNATIONAL AFFAIRS

PM Modi addresses inaugural session of 3-day virtual India Global week 2020 organized in UK
PM addresses the inaugural session of 3-day India Global week

On July 09, 2020, Prime Minister (PM) Shri Narendra Modi has addressed the inaugural session of 3-day (July 9-July 11) virtual India Global week 2020 based on the theme ‘Be The Revival: India and a Better New World’ organized in UK (United Kingdom) by India Inc. Group, the UK-headquartered media house, with the aim to connect global leaders and captains of industry to discuss aspects relating to opportunities in India as well as the global economic revival post-coronavirus (COVID-19).
About India Inc. Group:
Chairman and CEO– Manoj Ladwa
<< Read Full News >>

India Ranked 8th for Cancer Preparedness among 10 Asia-Pacific Countries; Australia Tops: EIU ReportIndia ranks eighth for cancer preparedness

i.In accordance with the Economist Intelligence Unit (EIU) report on “Cancer preparedness in Asia-Pacific: Progress towards universal cancer control”, India has been ranked eighth with an overall score of 51.6 for cancer preparedness among 10 Asia-Pacific countries. 
ii.The report sponsored by Roche, examined the findings from the EIU’s Index of Cancer Preparedness (ICP) which was created upon the findings of the global ICP (evaluated 28 countries based on 45 separate indicators).
iii.The 10 Asia-Pacific countries included in this report were — Australia, China, India, Indonesia, Japan, Malaysia, the Philippines, South Korea, Thailand and Vietnam.
About Economist Intelligence Unit (EIU):
Headquarter– London, United Kingdom (UK)
Managing Director (CEO)– Robin Bew
<< Read Full News >>

New Admin and Academic block of Shree Mahadev Masta Chaturdev Campus Funded by India inaugurated virtually in Nepal 

On July 6, 2020 The administrative and academic block of Shree Mahadev Masta Chaturdev Campus, constructed with the assistance of India under the Nepal-Bharat Maitri Development Cooperation programme at a cost of Nepali Rupees(NR) 35.11 million(around Rs 22 million or Rs 2.20 crore) was inaugurated in Nepal’s Mugu district through Video Conference(VC). 
Implementation– This construction was implemented by the District Coordination Committee, Mugu.
Inauguration– It was inaugurated by representatives of Village Development Council Ratapani, Lui in Mugu District, School Management Committee, and Embassy of India, Kathmandu.
About the Shree Mahadev Masta Chaturdev Campus
Shree Mahadev Masta Chaturdev Campus was  established in 2007. It is a community-owned educational institute affiliated to Tribhuvan University and approved by UGC Nepal. 
Note– Shree Saptmai Gurukul Sanskrit Vidhyalaya built under the Nepal-Bharat Maitri Development Cooperation programme was also inaugurated through VC.
Click here for more info about the inauguration of Shree Saptmai Gurukul Sanskrit Vidhyalaya
About Nepal:
Capital– Kathmandu
President– Bidhya Devi Bhandari
Prime Minister– Khadga Prasad Sharma Oli

ECONOMY & BUSINESS

Tamil Nadu Tops Market Borrowings Among States in India With a Collection of ₹30,500 crore for 2020-21 : RBITamil Nadu tops market borrowings

On July 09, 2020, According to data from the Reserve Bank of India (RBI), Tamil Nadu (TN) has topped market borrowings among States in India with a collection of Rs.30,500 crore in the fiscal 2020-21(FY 21).
i.TN accounted for 17% of the borrowings through the issue of bonds (known as state development loans) & has been followed by Maharashtra ₹25,500 crore (14%), Andhra Pradesh ₹17,000 crore (9%), Rajasthan ₹17,000 crore (9%).
About Reserve Bank of India (RBI):
Headquarters– Mumbai, Maharashtra
Governor– Shaktikanta Das
Deputy Governors– 4 (Bibhu Prasad Kanungo, Mahesh Kumar Jain, Michael Debabrata Patra, one is yet to be appointed).
<< Read Full News >>

Global economy to contract by 5.2 pc in 2020: D&B’s Country Risk and Global Outlook ReportGlobal economy to contract by 5-2 pc

In accordance with the Dun and Bradstreet’s (D&B) Country Risk and Global Outlook Report, which has covered 132 countries, the global economy is likely to contract by 5.2% in 2020. This is the biggest decline since the Second World War and a far stronger contraction than the 1.7% recorded in 2009 during the global financial crisis. As per report, the global economy will not reach pre-pandemic levels of activity again before 2022.
Indian Front:
-India’s economy is expected to contract this fiscal year after four decades of positive growth.
-In March, 2020 D&B downgraded India’s rating to DB5c from DB4d, stating the magnitude of downgrade and the risk level highest since 1994.
-DB5 means high risk and denotes that considerable uncertainty is associated with expected returns. Businesses are advised to limit their exposure and/or select high risk transactions only.
About Dun & Bradstreet (D&B):
Dun & Bradstreet’s Country Risk Indicator provides a comparative, cross-border assessment of the risk of doing business in a country. The risk indicator is divided into seven bands, ranging from DB1 to DB7, with DB1 being lowest risk.Each band is subdivided into quartiles (a-d), with ”a” representing slightly less risk than ”b” (and so on).
Headquarter– New Jersey, United States (US)
Location in India– Mumbai, Maharashtra
Chief Operating Officer (COO), International & Chairman of the Board and Interim Country Leader– Julian Prower
Managing Director (India)– Manish Sinha
Chief Economist (India)- Arun Singh

APPOINTMENTS & RESIGNATIONS   

IRDAI Constitutes 9-member Working Group Headed by Suresh Mathur to Look into the Possibility of Forming ‘Pandemic Risk Pool’Irdai sets up panel

Insurance Regulatory and Development Authority of India (IRDAI) has formed a 9- member working group under the chairmanship of Suresh Mathur, Executive Director of  Irdai to look into the possibility of setting up ‘Pandemic Risk Pool’ to deal with the various risks arising out of a pandemic -like health emergencies & recommend the structure and operating model for the Pool within 8 weeks.
About Insurance Regulatory and Development Authority of India (IRDAI):
Location– Hyderabad, Telangana
Chairman– Subhash Chandra Khuntia
<< Read Full News >>      

ACQUISITIONS & MERGERS  

CCI approves Proposed Combination Involving Eros Plc, STX and MarcoCCI approves proposed deal involving

i.The Competition Commission of India(CCI) has approved the proposed combination which involves Eros International Plc(Eros Plc), STX Filmworks Inc(STX) and Marco Alliance Limited (Marco).
ii.The proposed combination is a 2 step transaction as follows:
1st step– The indirectly wholly owned subsidiary of Eros Plc will merge into STX, where  STX will continue to be the surviving entity. 
2nd step– The Hony Group will subscribe some shares of the merged entity through Marco, an existing investor in STX.
About Eros Plc:
Headquarters– Isle of Man, British Isles.
Executive Chairman and Group Chief Executive Officer– Kishore Lulla
Chairman and Managing Director Eros India– Sunil Lulla
<< Read Full News >>

      SPORTS

World’s No.1 Women Squash Player Raneem El Welily of Egypt Retired;India’s Joshna Chinappa ranked 10thTop-ranked Egyptian squash player Raneem El Welily retires

i.On 25th June 2020, Raneem El Welily, the 31 year old Egyptian Squash player and world’s top ranking Women Squash Player announced her retirement ending her 18 year sports career.She is the 1st Arab woman to secure the world’s top ranking in any sport. 
ii.Nouran Gohar of Egypt claims the No.1 ranking after the retirement of Welily.
iii.Joshna Chinappa, 33 year old Indian Squash player, entered the top 10 of the PSA world ranking
About  Egypt:
President– Abdel Fattah el-Sisi
Prime Minister– Mostafa Madbouly
Capital– Cairo
Currency– Egyptian Pound
<< Read Full News >>

OBITUARY

Ivory Coast PM, Presidential Candidate Amadou Gon Coulibaly Passed AwayIvory Coast PM Amadou Coulibaly dies

Prime Minister Amadou Gon Coulibaly (61), the Presidential election candidate of Ivory Coast’s ruling party, died on 8 July 2020 at Abidjan, Ivory Coast within a few days after returning from two months of treatment in France.
i.He has been the Prime Minister of Ivory Coast since 2017.
ii.Amadou Gon Coulibaly is a presidential candidate in the upcoming election as President Alassane Ouattara has to step down after his second term of Presidency.
iii. He attended a ministerial meeting at the presidential palace in Abidjan on 8 July, and later fell ill.
About Ivory Coast (Côte d’Ivoire):
Capital: Yamoussoukro
President: Alassane Ouattara
Currency: West African CFA franc
<< Read Full News >>

Veteran Actor-Comedian Jagdeep passed away at 81 Veteran Actor Jagdeep passes away

Veteran Bollywood actor-comedian Jagdeep passed away at 81 in his Bandra residence, Mumbai. His real name is Syed Ishtiaq Ahmed Jafri. He is recognised for his role as Soorma Bhopali in the film “Sholay” and for his expression ‘khambha ukhadke’. He was born on March 29, 1939 in Datia, Madhya Pradesh(MP).
Gist about Jadeep
Debut- Jagdeep debuted in cinema as a child artist in Afsana(1951),  which is also the directorial debut of filmmaker B.R. Chopra.  
Well known– He is famous for his comic timing in films.
Total films- In his career span he has worked in more than 400 films which include,  ‘Ab Dilli Door Nahin’, K. A. Abbas’s ‘Munna’, Guru Dutt’s ‘Aar Paar’, Bimal Roy’s ‘Do Bigha Zamin’ and AVM’s ‘Hum Panchi Ek Dal Ke’ among others.
Memorable roles- His memorable roles include Purana Mandir(1984) and in Andaz Apna Apna(1994) as Salman Khan’s father and Subedar Ramaiyah in China Gate (1998), among others. 
Direction- He directed  Soorma Bhopali(1988), which is based on his own character from Sholay.
Last film- He was last seen in the film “Masti Nahi Sasti”(2017). 
Awards– LifeTime Achievement Award in the International Indian Film Academy(2019)  for Outstanding Contribution to Indian Cinema.
About MP:
Capital– Bhopal
Governor– Lal Ji Tandon (On June 28, 2020 Anandiben Patel was  given  additional charge as governor of Madhya Pradesh due to the absence of Lal Ji Tandon).
Chief Minister– Shivraj Singh Chouhan 

STATE NEWS

Rajasthan Launches “Pure for Sure” Week Long Campaign to Ensure Purity of Dairy Products – July 8 – 14Rajasthan launches campaign Pure for Sure

On 8th July 2020, Raghu Sharma, Health minister of Rajasthan launched the week long campaign “Pure for Sure” from 8th July 2020 to 14th July 2020 – to ensure the purity of the milk and dairy products.
Pure for Sure:
i.The Food safety offices are provided with the equipment and facilities required to test the samples.
ii.The divisional level food testing laboratory will be used for this campaign.
iii.The food safety offices will upload the results and the information related to the samples on the FSSAI app and the officers are directed to update the campaign report to the headquarters on a daily basis.
iv.The actions will be taken  according to the rules when the sample fails the tests.
About FSSAI:
Chairperson– Rita Teaotia
CEO– Arun Singhal
Executive Director– Rajeev kumar Jain
Headquarters– New Delhi

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Current Affairs Today (AffairsCloud Today)

S.no   Current Affairs 10 July 2020
1 Rajnath Singh e-Inaugurated Rs 43 cr Six Strategic Bridges in J&K; Built by Border Road Organisation
2 CBDT signed an MoU with SEBI for the Data Exchange
3 Odisha CM Naveen Patnaik Launches BLUIS, First of its Kind in India to Use Space Technology & Artificial Intelligence to Monitor Government Lands
4 IIT Alumni Council Signs MoU with CSIR-IGIB for Joint Research on COVID-19 & Patient Data Analysis
5 IIT-H collaborates with NVIDIA to establish India’s 1st NVIDIA AI Technology Centre
6 Cabinet approvals on July 8, 2020
7 PM Modi addresses inaugural session of 3-day virtual India Global week 2020 organized in UK
8 India Ranked 8th for Cancer Preparedness among 10 Asia-Pacific Countries; Australia Tops: EIU Report
9 New Admin and Academic block of Shree Mahadev Masta Chaturdev Campus Funded by India inaugurated virtually in Nepal
10 Tamil Nadu Tops Market Borrowings Among States in India With a Collection of ₹30,500 crore for 2020-21 : RBI
11 Global economy to contract by 5.2 pc in 2020: Report
12 IRDAI Constitutes 9-member Working Group Headed by Suresh Mathur to Look into the Possibility of Forming ‘Pandemic Risk Pool’
13 CCI approves Proposed Combination Involving Eros Plc, STX and Marco
14 Raneem El Welily, Top Ranked Women Squash Player, Announced Retirement
15 Ivory Coast PM, Presidential Candidate Amadou Gon Coulibaly Passed Away
16 Veteran Actor-Comedian Jagdeep passed away at 81
17 Rajasthan Launches “Pure for Sure” Week Long Campaign to Ensure Purity of Dairy Products – July 8 – 14

AffairsCloud Today July 10 2020