Today Current Affairs for Competitive

Exams - Current Affairs 2020-2021

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Two senior Ola executives resigned o Union Bank of India has announced a reduction in
its marginal cost of funds-based lending rate -
o 2 top executives of Ola, Arun Srinivas and Sanjiv
MCLR by 20 basis points across tenors.
Saddy, have resigned.
o The new rates will be applicable from 11 July
o Arun Srinivas, chief sales and marketing officer,
2020.
and Sanjiv Saddy, senior vice-president, corporate
o The revised one-year MCLR stands at 7.40 per
affairs, are moving on to pursue other
cent as against 7.60 per cent earlier.
opportunities.
o The three-month and six-month MCLRs have been
o Before joining Ola, Srinivas had stints in
cut to 7.10 percent and 7.25 percent,
WestBridge Capital Partners as a senior advisor
respectively.
and at Unilever in various senior and executive
roles between 2004 and 2017. Employment helpline for migrant labourers: J&K
IRDAI formed a panel o In Jammu and Kashmir, Pulwama Deputy
Commissioner Dr. Raghav Langer has launched an
o The Insurance Regulatory and Development
employment helpline for migrant labourers of the
Authority of India (IRDAI) has formed a working
district.
group to examine the feasibility of ‘Pandemic Risk
o It is aimed to provide employment to people in
Pool’.
labour-intensive sectors.
o Suresh Mathur, Executive Director, Irdai, will be
o The labourers willing to work in various labour-
the Chairman for the 9-member working group
intensive sectors are requested to contact on
with industry representatives as members.
Landline No. 01933-241218, Mobile No's
o Apart from studying the need for such a pool, the
7006010738 and 7006727551.
group will also recommend the structure and
operating model. UP govt to launched massive sanitisation drive
Amadou Gon Coulibaly passed away o UP govt launched a massive sanitisation drive
across the state on 11 July 2020.
o Amadou Gon Coulibaly, Ivory Coast's PM and the
o Chief Minister Yogi Adityanath monitored the
governing party's candidate for an October
drive aimed at containing COVID-19 in the state.
presidential election passed away in July 2020.
o UP is under a series of restrictions of a period of
o President Alassane Ouattara had designated
55 hours since 10 July 2020.
Coulibaly as the RHDP candidate in March 2020
o The restrictions, which started at 10 PM on 10
after announcing that he himself would not seek a
July 2020, will continue till 5 AM on 13 July 2020.
third term.
o Coulibaly's death has created huge uncertainty WHO sets up independent panel
over the election in Ivory Coast.
Union Bank reduced MCLR by 20 basis points

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o WHO has set up an independent panel to review
its handling of the COVID-19 pandemic and the
response by governments.
o The announcement follows strong criticism by US
President Donald Trump, which accused the WHO
of being China-centric.
o Former New Zealand Prime Minister Helen Clark
and former Liberian President Ellen Johnson
Sirleaf have agreed to head the panel.
Dr Harsh Vardhan released a White paper
o Science and Technology Minister Dr Harsh
Vardhan has released a white paper on “Focused
Interventions for ‘Make in India’: Post COVID 19”
and “Active Pharmaceutical Ingredients: Status,
Issues, Technology Readiness and Challenges".
o It has been prepared by Technology Information,
Forecasting and Assessment Council (TIFAC).
o The White Paper has highlighted five sectors.
Government launched ASEEM portal
o Union Ministry of Skill Development and
Entrepreneurship has launched Aatamanirbhar
Skilled Employee-Employer Mapping (ASEEM)
portal.
o It will help skilled people find sustainable
livelihood opportunities.
o The portal will map details of workers based on
regions and local industry demands and will
bridge the demand-supply gap of skilled
workforce across sectors.
Tribal Affairs Ministry, Facebook host webinar
o Ministry of Tribal Affairs on 10 July 2020 hosted a
Webinar along with Facebook India in New Delhi.
o It was for sensitization of Members of Parliament
from Scheduled Tribe (ST) Constituencies on
Going Online As Leaders (GOAL) Project.
o Union Minister for Tribal Affairs Arjun Munda
and Minister of State for Tribal Affairs Renuka
Singh Saruta also participated in the Webinar.
Kezang D Thongdok won Dada Saheb Phalke Award
o Kezang D Thongdok, a filmmaker, has bagged the
prestigious Dadasaheb Phalke Award 2020.
o Thongdok's short documentary Chi Lupo artfully
sketches the custom of honey hunting practised in
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the Shertukpen community wherein 'Chi' means
honey and 'Lupo' means hunters.
o Presently, Thongdok is working on his new
project, a documentary film titled 'Khiksaba', an
unexplored festival of Shertukpen tribe.
Karthik Krishnamurthy: New CEO of Collabera
o Collabera, a global technology talent solutions
provider, has announced the appointment of its
new CEO, Karthik Krishnamurthy.
o Previously, Karthik was SVP and Global Markets
Leader at Cognizant and a member of their
Executive Leadership team.
o He was instrumental in driving multi-billion dollar
growth for a slew of businesses that included
Artificial Intelligence (AI) & Analytics, IoT, etc.
World Population Day: 11 July
o World Population Day is celebrated on July 11,
every year, in order to spread and raise
awareness of the rising global population issues.
o The day was invented by the Governing Council of
the United Nations Development Programme,
way back in 1989.
o The theme for the year 2020 is How to safeguard
the health and rights of women and girls
now amid the pandemic.
Mastercard commits Rs 250 crore to India
o Mastercard has announced a commitment of Rs
250 crore to help reboot Indian small and medium
enterprises (SMEs) and enable business recovery.
o This is an extension of Mastercard's expanded
worldwide commitment to financial inclusion
which pledges to bring a total of one billion
people and 50 million micro and small businesses
into the digital economy by 2025.
Australia suspended Hong Kong treaty
o Australia has suspended its extradition treaty with
Hong Kong in response to fears over a new
national security law imposed by China.
o The new law undermined "Hong Kong's own basic
law" and the territory's current level of autonomy
from Beijing.
o Canada has also suspended its extradition treaty,
while the UK has offered citizenship options to
Hong Kong residents.
RIL-BP launch fuel and mobility joint venture Mushtaque Ahmad resigns as Hockey India Presi.
o Reliance Industries and UK's energy major BP o Hockey India named Gyanendro Ningombam as
have announced the launch of Reliance BP the officiating President at the Emergent
Mobility Limited. Executive Board meeting after Mushtaque Ahmad
o It is a fuel and mobility joint venture. tendered his resignation.
o Operating under the "Jio-bp" brand, the joint o Ahmad had been in his role as President of the
venture aims to become a leading player in India's national sports body since 2018.
fuels and mobility markets. o Sports Ministry had asked Ahmad to step down
o BP had acquired 49% stake in the 1,400 petrol having declared that his 2018 election was a
pumps and 31 aviation turbine fuel stations violation of the National Sports Code's tenure
owned by RIL for $1 bn, in 2019. guidelines.
Joshna Chinappa in world’s top-10 rankings
o India’s squash star Joshna Chinappa has broken
back into the top-10 of the PSA world rankings
following the retirement of Egyptian world
number one Raneem El Welily.
o Joshna, who has not played since March 2020 due
to the COVID-19 pandemic, moved up a spot to be
in 10th position.
o Egypt’s Nouran Gohar is the new world number
one following Raneem’s retirement.
Mobile app for farmers launched in Mizoram
o The Mizoram government has launched a mobile
application for farmers to give them the latest
agriculture-related information.
o The state government has been making massive
efforts to alleviate the difficulties faced by
farmers, who have been affected by
the lockdown.
o The app will have various features, including
information on cultivation of various crops,
maximum requirement for seeds, etc.
Rajkiran Rai got 2-year extension GAIL to invest in Start-Ups
o The government of India has granted Union Bank o In a bid to support Start-Ups operating in the area
of India’s MD and CEO, Rajkiran Rai, a two-year of Compressed Bio Gas, GAIL (India) Limited has
extension amid the bank’s ongoing merger announced plans to invest in such companies
exercise. through its Start-Up initiative 'Pankh'.
o The government, through the department of o GAIL had launched its ambitious Start-Up
financial services of the finance ministry, issued initiative 'Pankh' in July 2017 to invest in
the order on the day Rai’s term was to end. promising Start-Ups.
o Rai’s term, which was to end on June 30, 2020 has o The Start-Ups that are interested in equity
now been extended till May 31, 2022, or until investment from GAIL can apply
further orders. on gailonline.com.
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Loyal Textile launched reusable PPE
o Loyal Textile Mills Limited on July 9, 2020,
launched Viral Shield, a line of COVID-19 anti-
viral, reusable PPE, masks and protective fashion
wear range.
o The series has been launched in collaboration
with Reliance Industries India and HeiQ from
Switzerland.
o PPE has a triple shield technology and can be
washed ten times and sterilised 10 times for
reuse.
EESL inked agreement with NOIDA
o Energy Efficiency Services Limited, EESL has
signed an agreement with the New Okhla
Industrial Development Authority (NOIDA).
o It will promote electric vehicles and install
charging stations and related infrastructure.
o The partnership will also facilitate the creation of
an infrastructural ecosystem to accelerate e-
mobility uptake as the nation emerges from the
lockdown.
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ADB, IEA renewed Collaborative Agreement
o The Asian Development Bank has announced that
it has renewed a MOU with the International
Energy Agency.
o It will scale up collaboration and advance progress
on sustainability with an increased focus on
energy sector resilience in Asia and the Pacific.
o Under the 3-year agreement, the 2 organizations
will share knowledge and best practice in energy
sector data and analysis, technology, etc.
Hitachi ABB won a Rs 120 crore Order
o In an order worth Rs 120 crore, Hitachi ABB
Power Grids India will be delivering its
transformers to Chittaranjan Locomotive Works
(CLW), for the production of 400 passenger and
freight locomotive engines.
o Through the project, Hitachi ABB Power Grids
continues to contribute to the country’s mission
to be the world’s first net-zero carbon emitter by
the end of the decade.