1. PV Sindhu named India's flag bearer at Commonwealth Games opening ceremony
- Olympic medallist, PV Sindhu (badminton player) and Manpreet Singh (Indian men's hockey team captain) were named as the India's flag bearer for the opening ceremony of the Birmingham 2022 Commonwealth Games.
- The Indian men's hockey team has bagged bronze medal under the leadership of Manpreet Singh at the Tokyo Olympics (2021).
- The Sports Authority of India has also launched a new campaign “Create for India” to cheer for Team India.
National & International Organizations
2. HCL Tech' Roshni Nadar Malhotra becomes the Richest Woman in India
- As per the Kotak Private Banking-Hurun list, the chairperson of HCL Technologies, Roshni Nadar Malhotra has been crowned as the wealthiest woman in India with a fortune of Rs 84,330 cr in 2021.
- Falguni Nayar (founder and CEO of Nykaa) has ranked second richest women in India with a net worth of ₹57,520 cr.
- Falguni Nayar has also emerged as the richest self-made woman.
- Kiran Mazumdar-Shaw (founder and CEO of Biocon) placed on third with the net worth of ₹29,030 cr.
Honours & Awards
3. Ukraine president Volodymyr Zelenskyy received Churchill Leadership Award
- United Kingdom PM, Boris Johnson has presented Sir Winston Churchill Leadership Award to Ukrainian President, Volodymyr Zelenskyy for his efforts at the time of crises.
- He accepted the award by video link during a ceremony held at London office of Johnson.
- Churchill leadership award:
- It was first presented in 2006.
- Past recipients: Prince Charles, former British PM Margaret Thatcher and John Major, and former US Secretary of State Madeleine Albright.
4. Cambodia, Uzbekistan, and Cote D'Ivoire receive ICC membership status
- The International Cricket Council (ICC) has given the membership status to three countries, Cambodia and Uzbekistan (Asia), and Cote D'Ivoire (Africa), during the ICC Annual Conference in Birmingham.
- With this addition, the total number of ICC members take to 108 countries which includes 96 Associates.
- The total count of Asian countries reached to 25 while Cote D'Ivoire is the 21st country from Africa.
- CEO: Geoff Allardice
- Chairman: Greg Barclay
- HQs: Dubai,UAE
5. BF Infrastructure JV Talgo India to manufacture high-speed passenger trains
- BF Infrastructure (Bharat Forge subsidiary) has partnered with Talgo with an aim to manufacture high speed trains in India.
- Talgo, is a wholly owned subsidiary of Patentes Talgo, it is Spain-based high speed passenger train manufacturer.
- Focus: To bring high-speed rail technology and solution to Indian Railways.
- Recenlty, the government has floated a tender for 100 Vande Bharat trains with maximum speed of 200kmph.
6. World Hepatitis Day 2022: 28th July
- World Hepatitis Day has observed annually on 28 July to raise awareness and promote global action on viral hepatitis.
- Theme 2022: Bringing hepatitis care closer to you
- The World Health Assembly has decided to celebrate the birthday of Baruch Samuel Blumberg (July 28) World Hepatitis Day, who discovered Hepatitis B in the 1960s.
- Viral Hepatitis is an inflammation of the liver.
- There are five main types of the hepatitis virus – A, B, C, D and E.
Banking & Finance
7. RBI launches awareness campaign as unclaimed deposits increase
- The RBI has launched a campaign to raise the awareness about the unclaimed deposits, with a focus on the eight states that have the maximum amount of unclaimed deposits.
- The unclaimed deposits in banks have increased to Rs 48,262 crore in FY22 from Rs 39,264 crore.
- Eight states: Tamil Nadu, Punjab, Gujarat, Maharashtra, Bengal, Karnataka, Bihar and Telangana/Andhra Pradesh
- This campaign is launched in Hindi and English along with the languages of these eight states.
Banking & Finance
8. Frauds reported by PSBs reduced to Rs 3,204 crore in FY22
- As per the RBI report, the amount involved in fraud cases reported by PSBs has been reduced to Rs 3,204 crore in the last fiscal from Rs 28,884 crore in 2017-18.
- In 2018-19, a total of 9,092 cases were reported amounting to Rs 26,720 crore
- In 2019-20, the number of frauds rose to 11,074, involving a monetary value of Rs 21,170 crore.
- The gross NPAs (non-performing assets) of these banks also reduced to Rs 5,41,750 crore from Rs 6,16,616 crore in 2020-21.
9. ECGC introduces new scheme to provide enhanced export credit risk insurance
- Export Credit Guarantee Corporation of India (ECGC) has launched a new scheme to provide enhanced export credit risk insurance cover to the extent of 90%.
- Aim: To support small exporters under the Export Credit Insurance for Banks Whole Turnover Packaging Credit and Post Shipment (ECIB- WTPC & PS).
- This scheme will benefit small-scale exporters availing of export credit with banks which hold the ECGC WT-ECIB covers.
- ECGC Chairman: M Senthilnathan
10. Tata Steel signs MoU with Aarav Unmanned Systems for drone solutions
- Tata Steel has inked a pact with Aarav Unmanned Systems (AUS) for drone-based mining solutions for effective mine management.
- Primary goal: To jointly develop and offer sustainable and end-to-end integrated solutions that will focus on efficiency, safety, and productivity of open cast mining operations.
- These end-to-end mining solutions are economical, demand fewer on-foot exploration requirements, and improve production, efficiency, and site safety.
11. Punjabi singer, Balwinder Safri passes away
- Punjabi singer, Balwinder Safri has passed away at the age of 63.
- He was based in Birmingham, UK, was part of the UK bhangra scene since 1980 and formed the Safri Boyz Band in 1990.
- He was known for his Punjabi tracks such as “Rahaye Rahaye” and “Chan Mere Makhna”.
- Some of the famous songs from his band were Boliyan, Ik Dil Karey, Rangle Punjab, and many more.
- After triple bypass surgeries, the singer went into coma after facing brain damage.
Science & Technology
12. Russia to withdraw International Space Station after 2024
- Moscow's space agency Roscosmos' chief, Yury Borisov has announced that Russia will withdraw from the International Space Station (ISS) after 2024.
- Russia and the United States have worked side by side on the space station which has been in orbit since 1998.
- ISS is the largest modular space station currently in low Earth orbit.
- Five participating space agencies: NASA (US), Roscosmos (Russia), JAXA (Japan), ESA (Europe), and CSA (Canada).
13. ONGC inks MoU with Greenko to manufacture green hydrogen
- Oil and Natural Gas Corporation (ONGC) has signed an MoU with renewable energy company Greenko ZeroC to make green hydrogen.
- Aim: To pursue opportunities in renewables, and other derivatives of green hydrogen.
- This MoU is in line with the National Hydrogen Mission of the government that aims to transform the country into a global green hydrogen hub.
- India is targeting to produce 5 million tonnes of green hydrogen per annum by 2030.