Today Current Affairs - 8th July 2020
Indian Coast Guard & Indonesia Coast Guard sign MoU to boost maritime relations
In order to bolster the comprehensive strategic partnership between India and Indonesia, a Memorandum of Understanding (MoU) has been signed between the Indian Coast Guard (ICG) and Indonesian Coast Guard (Badan Keamanan Laut Republik Indonesia).
- The MoU was signed through video conferencing amid the global travel restrictions due to COVID-19 pandemic. It was inked by ICG Director General (DG) Krishnaswamy Natarajan and Head of Indonesian Coast Guard Vice Admiral Aan Kurnia in the presence of Ambassador of India to Indonesia Pradeep Kumar Rawat, and Mochammad Rizki Safary, Minister Counsellor of Indonesian Embassy in New Delhi, India and officials from Ministry of Defence (MoD) and Ministry of External affairs (MEA).
Key Points:
-The objective of this MoU is to enhance
the collaborative and cooperative engagements in maritime law
enforcement, maritime search and rescue and marine pollution response.
-This will also enable the exchange of
information towards combating transnational maritime crimes on the basis
of ensuring safe, secure and clean seas between the two nations.
About Indonesia:
Capital– Jakarta
Currency– Indonesian rupiah
President– Joko Widodo
New Building of IARI, Jharkhand named after Dr.Shyama Prasad Mukherjee
Ministry of Agriculture & Farmers Welfare:
Union Minister– Narendra Singh Tomar
Ministers of State– Purushottam Rupala and Kailash Choudhary
About Indian Council of Agricultural Research(ICAR):
President of the ICAR Society– Narendra Singh Tomar
Director General– Dr. Trilochan Mohapatra
Headquarters– New Delhi
MoU Signed between National Medicinal Plants Board and ICAR-National Bureau of Plant Genetic Resources
To conserve the MAPGRs at designated space of ICAR- NBPGR in long-term storage module in the National Gene bank and/or at Regional Station for medium term storage module and acquire hands-on training on plant germplasm conservation techniques to the working group of NMPB.
About Indian Council of Agricultural Research (ICAR):
Headquarters: New Delhi
President: Shri Narendra Singh Tomar
About Ministry of AYUSH:
Headquarters: New Delhi
Minister of State (Independent Charge): Shri Shripad Yesso Naik
Assam Government to Upgrade Dehing Patkai Wildlife Sanctuary to National Park amid Coal Mining Row
ii.The wildlife sanctuaries are protected areas which permit some activities such as grazing but national parks require complete protection status under the Wildlife Protection Act, 1972.
iii.Post upgradation, Dehing Patkai will be the 6th national park in Assam. The other five are Kaziranga, Nameri, Manas, Orang and Dibru-Saikhowa.
About Assam:
Chief Minister (CM)- Sarbananda Sonowa
Capital– Dispur
Governor– Prof. Jagdish Mukhi
Central Govt approved funds for Implementation of Jal Jeevan Mission (JJM) in Himachal Pradesh & Goa
ii.The government of India has allocated Rs. 12.40 Crore for FY20-21 to Goa on the basis of Annual Action Plan (AAP) presented by the state to the Ministry of Jal Shakti. The funds have been increased from Rs. 3.08 Crore.
About JJM:
It aims to enable every rural household to have assured availability of potable water at a service level of 55 litres per capita per day (lpcd) on a regular and long-term basis. The estimated outlay of the mission is Rs 3.60 Lakh Crore.
INTERNATIONAL AFFAIRS
India rises one place to 34th in JLL’s 11th edition of the Global Real Estate Transparency Index 2020; UK tops
On July 07, 2020, According to the 11th edition of the ‘Global Real Estate Transparency Index 2020’, which covers 99 countries and territories and 163 cities, released by Jones Lang LaSalle’s (JLL), India has improved by one place to 34th
with a total score of 2.69 under ‘semi-transparent’ zone. Regulatory
reforms, better market data and sustainability initiatives led to a
one-point improvement in the nation’s ranking.
– While, the United Kingdom (UK) has topped the list with a score of 1.31 followed by United States, Australia.
About Jones Lang LaSalle’s (JLL):
Headquarters– Chicago, Illinois, United States
President & CEO– Christian Ulbrich
CEO and country head (India)– Ramesh Nair
New School Infrastructure worth Rs 1.94 cr Funded by India inaugurated in Nepal via Video Conferencing
ii.The inauguration was made through video conferencing with the participation of Nepalese officials, school management committee and members of the Indian Embassy.
iii.The project was implemented by the District Coordination Committee (DCC), Ilam.
About Nepal:
Capital- Kathmandu
Prime Minister– Khadga Prasad Sharma Oli
President– Bidhya Devi Bhandari
BANKING & FINANCE
Fino Payments Bank launches ‘Bhavishya’ Savings Account for Minors Aged between 10-18 years
ii.The subscription-based savings account aims to inculcate banking and saving habits in childrens.
iii.The account can be only opened through the Electronic-Know Your Customer(e-KYC) mode.
iv.The account comes with a free Platinum RuPay Debit card and there is no requirement to maintain any minimum monthly average balance. The annual Subscription charges for the account is Rs.349 (inclusive of Goods and Service Tax-GST).
About Fino Payments Bank Limited:
Headquarters– Maharashtra
MD and CEO– Rishi Gupta
Karur Vysya Bank Ties- up with Star Health Insurance For Bancassurance
About Karur Vysya Bank:
Headquarters– Karur, Tamil Nadu.
President & Chief Operating Officer(COO)- Natarajan Jagannathan
Tagline– Smart Way to Bank
About Star Health and Allied Insurance:
Headquarters– Chennai, Tamil Nadu
Managing Director– Anand Roy
Deutsche Bank and Google Cloud to Enter into a Multi-Year, Strategic Partnership
ii.The partnership focuses on redefining how the bank develops and offers its financial services.
iii.The partnership enables co-innovation between the two companies to produce the next generation of technology-based financial products for clients and delivers cutting edge cloud services to Deutsche Bank.
About Deutsche Bank:
Headquarters– Frankfurt, Germany
Chief Executive Officer(CEO)– Christian Sewing
President– Karl von Rohr
About Google:
Headquarters– California, United States
CEO– Sundar Pichai
Liberty General Insurance launches ‘Liberty Assure’, an industry 1st service
ii.The auto insurance customers who avail this service, are not required to pay the ‘Compulsory Deductible’ cost for every claim.
iii.In addition to this no premium will be charged from the buyers to provide this unique cost-effective feature at the time of raising a claim/loss.
iv.The service is a part of its existing Private Car Package Policy under the Regulatory Sandbox approval received from the Insurance Regulatory and Development Authority of India(Irdai).
About Liberty General Insurance:
Headquarters– Mumbai, Maharashtra
CEO and Whole Time Director– Roopam Asthana
Ola Enters into a Strategic Partnership with PhonePe to Enhance its Digital Payments Experience for its Customers
On July 7, 2020 India based ridesharing company, Ola announced that it has entered into a strategic partnership with PhonePe to boost its digital payments experience for its customers.
Significance of the partnership
i.This partnership will help Ola
users to link their existing PhonePe account with their Ola account to
make payments for future rides.
ii.This partnership will also enable PhonePe to provide their services to millions of customers on the Ola platform.
Key Info
i.The customers of Ola can use
all the payment options of PhonePe, including the PhonePe wallet, to
make payments in addition to Unified Payment Interface (UPI).
Availability of the option–
Currently, the option to link PhonePe account with the Ola app is
available to Android users in India and will be soon available to iOS
users.
Note– Ola has announced that customers can avail a cashback upto Rs 200 for the first 2 two rides when paid using PhonePe.
Recent launch of Ola
Recently, Ola has launched ‘Ride Safe India’ to encourage customers to choose digital channels amid Covid-19
About Ola:
Headquarters– Bengaluru, Karnataka
Co-Founder &Chief Executive Officer(CEO)– Bhavish Aggarwal
About PhonePe:
Headquarters– Bengaluru, Karnataka
CEO– Sameer Nigam
SCIENCE & TECHNOLOGY
ICMR-NIV in Collaboration with Bharat Biotech Develops India’s First COVID-19 Vaccine – COVAXIN
About BBIL:
Chairman & Managing Director- Krishna M.Ella
Executive Director– Dr. V Krishna Mohan
Head Office– Hyderabad, Telangana
About ICMR:
ICMR is one of the oldest medical research bodies in the world.
Director General– Balram Bhargava
Headquarters– New Delhi
SPORTS
Indian boxer Amit Panghal secures top spot in AIBA World Men’s Ranking 2020 in 52kg category; Manju world’s second best boxer in Women’s ranking
About AIBA:
Headquarters– Lausanne, Switzerland
President– Gafur Rakhimov
Indian Olympic Association Adopts New Visual Identity to Celebrate 100 Years of Participation in Olympic Games
About IOA:
President– Narinder Dhruv Batra
Secretary General– Rajeev Mehta
Headquarters– New Delhi
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