July 2015 Current Affairs List

2-July
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Current Affairs Global - 2 July 2015

  1. Greece has become the first developed nation to default on International Monetary Fund (IMF) debt after 30thJune midnight when the deadline to repay 1.7 billion USD to IMF passed. The Eurozone Finance Ministers refused to extend its bailout to Greece after it rejected the proposal given by the troika which includes the International Monetary Fund (IMF), the European Commission (EC) and European Central Bank (ECB).


The proposal said that Greece needs to raise its primary surplus within two years in order to avail the 15.5 billion Euros of funding, which in turn required pension and tax reforms. The newly elected Syriza government is against such harsh austerity measures.


  1. Finnish telecom engineer Matti Makkonen who is also considered as the inventor messaging service (SMS) technology passed away following serious illness. He was 63.In 1984, he had pioneered the idea of sending messages via mobile networks but failed to patent it was merely idea and was not actual implementation. He was also awarded The Economist-s Innovation Award in the computing and telecommunications category.


Current Affairs India - 2 July 2015

  1. Prime Minister Narendra Modi's launched the 'Digital India' drive on 1stJuly. This will open up huge opportunities in health and education for rural areas and will create many jobs across the country.The initiative aims to digitally deliver all the essential services to citizens and transform India into a digitally empowered society and knowledge economy by leveraging IT.


Indian corporates and leading business houses have already committed to invest 4.5 lakh crore in the programme which will generate employment for 18 lakh people in the country.

  1. The Central Government has increased the national floor-level minimum wage (NFLMW) to 160 rupees per day from 137 rupees per day which has become effective from 1stJuly 2015. This increase will benefit millions of workers in the scheduled employments in the respective state jurisdictions. It was implemented for the first time in 1996 on the basis of the recommendations of the National Commission on Rural Labour (NCRL) under the Minimum Wages Act, 1948.

  2. Dr Anup K Pujari has been appointed Secretary of Ministry of Small and Medium Enterprises (MSME). He succeeds Shri Madhav Lal who superannuated last month. Before this appointment, Pujari was having responsibility as Secretary of Mining sector. Shri Balvender Kumar succeeded him as the new Secretary of Mining Sector.

  3. Chandrasekaran Ramakrishnan was appointed as Chief Financial Officer (CFO) of India's leading auto manufacturer Tata Motors' Group with immediate effect. With this appointment, CFOs of all Tata Motors subsidiaries like Jaguar Land Rover, Daewoo will report to him.

  4. The board of Housing.com has sacked the Chief Executive Officer (CEO) and co-founder Rahul Yadav with immediate effect on 1stJuly. The board unanimously agreed to sack Yadav saying that his behaviour towards investors and media was not befitting of a CEO and is detrimental to the company. Housing.com, an online portal in real estate, was founded by a group of IIT-ian including Rahul Yadav in 2012 and at present it has more than 2551 employees in over 100 cities across India.

  5. U P Singh, currently Joint Secretary (Exploration) under Union Ministry of Petroleum and Natural Gas, was appointed as the Interim Chairman and Managing Director (CMD) of PSU Oil Company Oil India Limited.He succeeded S K Srivastava, who superannuated yesterday.

  6. Sanjeev Galande was selected for G D Birla Award for Scientific Research for 2014, as per announcement made by the K K Birla Foundation.With this, he will be the 24th recipient of the award. Prof. Galande is a professor of Biology and Team Leader at the Centre of Excellence in Epigenetics, Indian Institute of Science Education and Research (IISER), Pune. He was also awarded with the Shanti Swarup Bhatnagar Prize in 2010.

  7. Global rating agency Fitch has lowered India-s economic growth projections to 7.8% for the current financial year 2015-16 from earlier projection of 8%.


Fitch also projected that India-s GDP growth rate will surpass China-s GDP growth for the first time since 1999, forecasting a growth of 8.1% in FY 2016-17 and 8% in FY 2017-18.

  1. Manufacturing activities in India slowed down marginally in June, as per PMI data published recently. The Purchasing Managers' Index (PMI), an important parameter of manufacturing sector performance, fell to 51.3 in June compared to 52.6 in May, as per the survey is conducted by Markit. Any reading higher than 50 indicates growth.

  2. Indian Grandmaster Abhijeet Gupta won the 19th Commonwealth Chess Championship held in Mumbai, Maharashtra.He won the gold medal after settling for a quick draw with his opponent Arghyadip Das in the ninth and final round. Arghyadip Das won the silver medal and M R Lalith Babu won the bronze medal in men-s section.


In the women-s section, Padmini Rout won the gold medal, S Vijayalakshmi won the silver medal and S Meenakshi won the bronze medal.
 
3-July
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Current Affairs India - 3 July 2015

  1. Mobile Number Portability (MNP) was formally started across the country today. With this facility, mobile subscribers can now keep their existing mobile phone numbers unchanged when they are travelling to a different location or a state.With about 3 million intra-circle MNP requests every month, more than 157 million subscribers have ported to other operators as of April this year, as per TRAI.

  2. The Maharashtra state Government has announced that students from Madrasas which are not teaching Mathematics, Science and Social Sciences will be considered out-of -school. The government assured that madrasas however won't be de-recognised and their grants will continue.

  3. Europe's leading aviation company Airbus Group and India's Mahindra Group have struck a deal to build helicopters jointly as they bid to win an expected wave of orders from India-s armed forces.


The two groups will form a joint venture in the coming months in order to become the first private manufacturer of helicopters in India to participate in the -Make in India- initiative launched by Prime Minister Narendra Modi.

  1. Indian-American professor R Paul Singh was selected for 2015 World Agriculture Prize laureate, as per announcement made at the annual Global Confederation for Higher Education Associations for Agriculture and Life Sciences (GCHERA)conference held at the Holy Spirit University of Kaslik, Lebanon.


He is known for niche research areas of agricultural sector such as freezing preservation, energy conservation, post-harvest technology and mass transfer in food processing.

  1. Indian-American teacher Darshan Jain was selected for prestigious Presidential Award for Excellence in Mathematics and Science Teaching. He was named for the award by President Barack Obama along with 107 Mathematics and Science teachers across the USA. Darshan Jain is currently working as director of mathematics at Adlai E. Stevenson High School in Lincolnshire, Illinois.


US Presidential Award is awarded annually to outstanding science and mathematics teachers from across US from K-12 (kindergarten through 12th grades). The award carries monetary prize of US 10000 dollars.
 
4-July
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Current Affairs Global - 4 July 2015

  1. Four Indian-Americans were honoured with the prestigious Great Immigrants, The Pride of America award 2015. They are chosen among 38 people from more than 30 countries around the world received the same award which is given by New York-based Carnegie Corporation on the occasion of Independence Day of United States today (4th July).


These 4 Indians are Preet Bharara, US Attorney, Southern District of New York; Rakesh Khurana, Dean of Harvard College and Marvin Bower Professor of Leadership and Development; Madhulika Sikka, Vice President and Executive Editor of .Mic and Abraham Verghese, Physician, Professor and Author.

  1. Solar Impulse, the airplane which is powered only by the sun, has landed in Hawaii after completing a historic 7,200km flight across the Pacific Ocean from Japan. The distance covered and the time spent in the air which is 118 hours are records for manned, solar-powered flight.

  2. Sir Fazle Hasan Abed was selected for the 2015 World Food Prize, as per the announcement made by the World Food Prize Foundation this week. He was selected for the prestigious award for his contributions towards reducing hunger in Bangladesh and 10 other countries through his organization BRAC.


He established BRAC, formerly known as the Bangladesh Rural Advancement Committee, in 1972 as a relief operation to help the country recover from its war of independence with Pakistan and the destruction wrought by a tropical cyclone. At present, BRAC is the largest non-governmental organization in the world employing over 150000 employees.
Current Affairs India - 4 July 2015

  1. Commodore C D Balaji (Retd) took charge as the Director of the Aeronautical Development Agency (ADA) and Programme Director of the Light Combat Aircraft (LCA) yesterday. He succeeded P S Subramanyam, who superannuated on 30thJune. Before this appointment, he was Project Director of the LCA-s naval version.


ADA is the premier multi-agency body based in Bengaluru spearheading the development of combat aircraft for the Air Force and the Navy- among them is the LCA and the proposed Advanced Medium Combat Aircraft AMCA.

  1. Former Chief Justice of India Y K Sabharwal passed away yesterday evening. He was 73. Justice Sabharwal held the post as CJI from 1stNovember 2005 to 13thJanuary 2007.


During his role as CJI, he delivered some important judgments including the verdict in January 2006 that held the dissolution of Bihar Assembly as illegal and unconstitutional.

  1. Indian Women's Hockey team defeated Japan by 1-0 to achieve fifth place in the World League semi-final held at Antwerp, Belgium today. This win has increased its chances to qualify for next year's Rio Olympics.If it happens, then Indian team will play in their first Olympic after 36 years.


In the men's Hockey World League, World champions Australia will play against hosts Belgium in the final match to be held at Antwerp on Sunday. India-s Men team has already ensured its qualification with their Asian Games gold medal in Incheon.
 
5-July
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6-July
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Current Affairs India - 6 July 2015

  1. The Centre for Development of Telematics (C-DOT) launched four new products, including solar powered Wi-Fi hotspots and long distance Wi-Fi, as a part of -Digital India Week-.The solar powered Wi-Fi hotspots can be used for smart cities, rural schools or panchayats, extending broadband connectivity to remote/ unconnected places. It can also be used in ship-to-ship communications on the deep seas.


C-DOT also launched a Next Generation Network solution that will address the needs of the changing telecom sector and enable smooth transition from Time Division Multiplexing (TDM) to Voice over Internet Protocol (VoIP).

  1. India retained South Asian Basketball (SABA) Championship title by defeating Sri Lanka at the final held in Kanteerava Stadium in Bengaluru, Karanataka. With this win, India has qualified for the FIBA Asia Championship in China which will be held in September 2015.


Current Affairs Global - 6 July 2015

  1. In a historic referendum voting held on 5thJuly 2015, People of Greece rejected the creditor-s demand for more austerity in exchange of extension of bailout package. The creditors include the troika of European Central Bank (ECB), European Union (EU) and International Monetary Fund (IMF).


61.31% people voted in favor of -No- compared to 38.69% votes in favor of -Yes-. With this result, Greece-s exit from euro zone looks more probable now.

  1. Mercedes driver UK-s Lewis Hamilton won 2015 Birtish Grand Prix of Formula One held in UK yesterday. This was his fourth victory of the season and his second Birtish Grand Prix win. His team mate Nico Rosberg secured 2ndposition, Ferrari-s Sebastian Vettel secured third position and Williams- Felipe Massa secured third position in the same race.

  2. United States (US) won the 2015 FIFA Women-s World Cup title after defeating Japan by 5-2 in the final match played at Vancouver, Canada. This is the third world cup title of US.


Carli Lloyd (US), Amandine Henry (France) and Aya Miyama (Japan) won the Golden Ball Award, Celia Sasic (Germany), Carli Lloyd (US) and Anja Mittag (Germany) won the Golden Boot Award and Hope Solo (US) won the Golden Glove Award.

  1. Chile stunned favorite Argentina in the final match played at Santiago de Chile to win the Copa America title 2015 for the first time. It is also Chile-s first ever international trophy in Football.


Chile defeated 14 times champion Argentina by 4-1 goals in the penalty shootout as regular match had ended in a goal-less draw. With this loss, Messi led Argentina failed to win in the final matches of two big tournaments after losing World Cup final against Germany last year.
 
7-July
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Current Affairs Global - 7 July 2015

  1. Former Finance Minister of China Jin Liqun was nominated by China to be the first president of the Asian Infrastructure Investment Bank (AIIB).Currently he is Secretary General of AIIB's interim secretariat. Before joining AIIB in 2014, Jin was chairman of China International Capital Corporation.

  2. Famous Urdu novelist from Pakistan Abdullah Hussain passed away on 4thJuly in Lahore after battling with blood cancer. He was 84. He wrote the bestseller and critically acclaimed novel Udas Naslain, which is considered as a masterpiece of Urdu literature. His other famous novels are Baagh, Nadaar Loag and short stories Faraib and Nashaib. He was also awarded with the Prime Minister's Lifetime Achievement Award in 2015 for his work.


Current Affairs India - 7 July 2015

  1. The Hyderabad-headquartered International Crops Research Institute for Semi-Arid Tropics (ICRISAT) launched the Green Phablet, priced at USD 300 (about Rs. 18,600), for farmers in Telangana. The institute would maintain servers to safe keep the information. With this, farmers now can have customised tips on their phablet on the kind of agricultural inputs they might require for their field. Based on the specific soil health of their small chunks of lands, scientists at the ICRISAT and Government of Telangana would send timely messages to the farmers through the phablet.

  2. Famous Ecologist Kamal Bawa was elected as Fellow to the London based prestigious Royal Society in recognition of his pioneering contributions in the field of conservation science. With this, he joins former and current eminent fellows of Royal Society such as Isaac Newton, Albert Einstein, Charles Darwin, and Stephen Hawking etc.


He is India-s most prominent biologist and an evolutionary ecologist and currently working as a professor of Biology at the prestigious of Massachusetts University of Boston, US.

  1. Indian women cricket team Captain Mithali Raj created a new history of Indian women's cricket as she became the first Indian cricketer and overall second cricketer to reach the 5000-run milestonein one-day internationals. Before her, only Uk-s Charlotte Edwards had completed 5000 runs in ODIs.


 
8-July
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9-July
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Current Affairs India - 9 July 2015

  1. Rajasthan Government has announced that it will adopt Maharashtra's Jalyukta Shivar Abhiyan, flagship water conservation and integrated water management scheme, after a great success of the scheme in Maharashtra.Rajasthan's Chief Minister Vasundhara Raje has also sent a delegation comprising a minister and senior bureaucrat to tour Maharashtra and learn about the project.

  2. The Central Government has appointed Sriram Kalyanaraman as the Managing Director (MD) and Chief Executive Officer (CEO) of National Housing Bank (NHB).He was appointed for a period of five years and also became became the first person from private sector to be appointed as head of a public sector financial institution.


NHB is apex regulator for housing finance sector and a wholly owned subsidiary of Reserve Bank of India (RBI).

  1. Credit Information Bureau India Ltd (CIBIL) has appointed Satish Pillai as its new Managing Director and Chief Executive Officer today. CIBIL is India-s leader in credit information provider which maintains credit information on more than 406 million consumer accounts and 22 million business accounts and has a membership base of over 1400 banks and credit institutions. He succeeds Arun Thukral who retires this year after a decade.

  2. Professor Lord Kamlesh Patel has become the first British Asian to be appointed as Director of England and Wales Cricket Board (ECB).He succeeds Lord Morris of Handsworth, who had stepped down after 11 years as an ECB Director. Currently he is Labour Peer in the House of Lords and professor at the University of East London.


 
10-July
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Current Affairs Global - 10 July 2015

  1. The International Monetary Fund has lowered global growth projection to 3.3% for year 2015 compared to earlier growth projection of 3.5%.


The IMF also lowered its forecast for US growth to 2.5% in 2015 from an earlier growth projection of 3.1% last month. It has kept Euro zone economic growth forecast unchanged at 1.5% for 2015.
Current Affairs India - 10 July 2015

  1. Shanghai Cooperation Organisation (SCO) has decided to include India as a full member. At the same time India-s Prime Minister Narendra Modi offered to work with the six-member grouping to enhance connectivity, combat terror and create an environment for boosting trade by easing barriers.


India, which has an Observer status for the past 10 years, will technically become the member by next year after completion of certain procedures. Currently SCO has China, Russia, Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan as members.

  1. Indian Prime Minister Narendra Modi suggested 10 steps (Das kadam) for futures of BRICS nations. Those steps are Trade fair, Railway Research Centre, Cooperation among supreme audit institutions, Digital Initiative, Agricultural Research Centre, State/Local Government's Forum and Cooperation amongst cities in field of Urbanisation, BRICS Sports Council, Annual Sports Meet and BRICS film festival.

  2. Uttarakhand became first Indian state to get a system to detect earthquakes and disseminate warnings. The first system was installed in Dehradun which will issue warnings 1-40 seconds before earthquakes of magnitude 5 or more occur.


The system is designed and manufactured by Italian firm, Space Dynamics which has installed the same system in Japan, Italy and US.

  1. Kolkata based Bandhan Bank has appointed its Chairman and Board of Directors as the will commence its operations in India from August 2015.Ashok Kumar Lahiri, former Chief Economic Adviser to the Union Government, was appointed as the Chairman of the bank. Chandra Shekhar Ghosh, Founder of Bandhan Financial Services Ltd, was appointed as the Managing Director and Chief Executive Officer of the bank. They both will be in the board of directors as well.

  2. Indian IT services company Wipro has acquired Designit, a Danish firm that designs product-service experiences, for around 85 million Euros (about Rs 595 crore).Founded in 1991 in Aarhus, Denmark, Designit has become one of the world-s largest, privately-held design firms which provides services to companies in healthcare, telecom, banking, automotive, and retail sectors. It has nearly 300 employees.


 
11-July
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12-July
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Current Affairs Global - 12 July 2015

  1. World Population Day was observed on 11thJuly 2015 with the theme of -Vulnerable Populations in Emergencies-. The theme focuses on the record number of people displaced by crises - some 60 million according to the latest UN figures.


The event was established by the Governing Council of the United Nations Development Programme (UNDP) in 1989. The UNDP in its recommendation for the day asked to focus attention on the urgency and importance of population issues in the context of overall development plans and programmes and the need to find solutions for these issues.

  1. Serena Williams won the Wimbledon Women-s singles title after defeating Garbine Muguruza by 6-4, 6-4 in the final match. With this she created Wimbledon history as the oldest woman to win a Grand Slam title. At 33 years and 289 days, Serena surpasses Martina Navratilovaas the oldest player to win Wimbledon, and any of the other three Grand Slams, in the Open era. This is also her sixth Wimbledon crown and total 21st Grand Slam crown.

  2. Famous Hollywood actor Omar Sharif, famous for his title role as Doctor Zhivago in the Oscar-winning film, passed away. He was 83. He was one of the few Arab actors who succeed to make it to Hollywood. He won international fame and an Oscar-nomination for best supporting actor for his role in the 1962 film -Lawrence of Arabia- with Peter O-Toole.


Current Affairs India - 12 July 2015

  1. India has launched rocket PSLV-C28 with five British satellites into orbit on its space from Isro-s Satish Dhawan Space Centre at Srikarihota in Andhra Pradesh on 10thJuly. The rocket blasted off the first launch pad with five satellites together weighing around 1,440kg, which was also the space agency's heaviest commercial mission so far.

  2. The Marine Products Export Development Authority (MPEDA) has launched two mobile based applications to help farmers get prices on shrimp and capture data on aquaculture through mobile. MPEDA also revamped its website and launched an online registration portal for exporters.


MPEDA is a nodal agency for promotion of marine exports from India under Union Ministry of Commerce and Industry.

  1. Indian Tennis player Sania Mirza along with her partner Martina Hingis won the Wimbledon Women-s double title after defeating second seed Russian team of Ekaterina Makarova and Elena Vesnina by 5-7 7-6(4) 7-5 in the final match. With this win, she also became the first Indian woman player to win a women's doubles Grand Slam trophy.


 
13-July
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Current Affairs Global - 13 July 2015

  1. Euro zone leaders finalized a deal with Greece today to negotiate a third bailout to keep Greece in the Euro zone after long round of negotiations in Brussels. EU officials said Tsipras finally accepted a compromise on German-led demands for the sequestration of Greek state assets to be sold off to pay down debt. With this new deal, Greece will stay in Euro zone for now and will get fresh monetary help to support its banks.

  2. Defending Champion Novak Djokovic of Serbia won the 2015 Men-s Singles Wimbledon Title after defeating Roger Federer of Switzerland by 7-6(7-1), 6-7(10-12), 6-4, 6-3 in the final match. It is Djokovic-s 3rd Wimbledon Title after he won in 2011 and 2014 and his overall 12th men-s single Grand Slam title.


Current Affairs India - 13 July 2015

  1. India has test-fired its indigenously developed Nag anti-tank guided missile from a helicopter at a firing range in Jaisalmer in Rajasthan. The missile can hit a target at varied distances of upto 7 km.


HeliNa is a helicopter-launched version of Nag and has been developed by the Defence Research and Development Organisation (DRDO) under the Integrated Guided Missile Development Programme (IGMDP).

  1. Tata Steel's West Bokaro Division was awarded with the Golden Peacock Environment Management Award (GPEMA) 2015 in New Delhi which was presented by the Union Environment, Forest and Climate Change Minister Prakash Javadekar to Sanjay Rajoria, General Manager of West Bokaro, Tata Steel of Jharkand. Tata Steel won the award for its responsible environmental practices and resource management while upgrading the skills of employees through training as new technologies evolve.


GMR Hyderabad International Airport Ltd has been declared as the winner of -Golden Peacock Environment Management Award (GPEMA)- for the year 2015 for achievements in the field of environment management at Rajiv Gandhi International Airport.

  1. The BCCI has suspended Mumbai Ranji cricketer Hiken Shah with immediate effect after being found guilty of breaching BCCI-s Anti-Corruption Code. His involvement in any form of cricket, affiliated with the BCCI stands suspended till the time the disciplinary committee of the BCCI passes appropriate orders.


BCCI said that Hiken Shah made a corrupt approach to one of his colleagues - Pravin Tambe of IPL franchise Rajasthan Royals before the 2015 edition of the IPL.

  1. India-s Leander Paes and his Swiss partner Martina Hingis won the 2015 Mixed Doubles Wimbledon Title after defeating Alexander Peya (Austria) and Tímea Babos (Hungary) pair by 6-1, 6-1 in the final match.This is Leader-s 16thGrand Slam win and became the oldest player to achieve this feat.

  2. Indian-Vietnamese pair Sumit Nagal-Nam Hoang Ly won the Boys Doubles title at the Wimbledon after defeating Opelka and Akira Santillan in the final clash by 7-6 (4) 6-4.With this win, he became sixth Indian to win a Grand Slam junior title.


IIP grew by 2.7 per cent in May; Retail inflation jumped to 5.4 percent in June
India's Index of Industrial Production, the most important parameter to judge performance of industrial sector, grew by just 2.7% in May compared to 4.1% growth in April due to fall in growth of manufacturing sector.  Manufacturing sector output, which constitutes over 75% of the index, grew by 2.2% in May compared to 3.1% growth in April. For the April-May 2015 period, IIP growth stood at 3% compared to 4.6% growth in the first two months of last fiscal.
At the same time, India's Retail inflation, measured by Consumer Price Index, jumped to 5.4% in June compared to 5.01% in May. Consumer Inflation stood at 6.77% in June last year. The increase in consumer price inflation for June 2015 was mainly due to jump in food price inflation which came in at 5.48% from 4.80% in the previous month. Retail inflation in rural areas stood at 6.07% in June compared to 5.52% in May while retail inflation in urban areas stood at 4.55% in June compared to 4.41% in May.
 
14-July
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Current Affairs India - 14 July 2015

  1. The Supreme Court-appointed Justice R.M. Lodha Committee has given its long pending judgment related to IPL spot fixing scam.The Apex Court has suspended Indian Premier League (IPL) teams Chennai Super Kings (CSK) and Rajasthan Royals (RR) from the League for two years and also imposed sanctions on Gurunath Meiyappan, and Raj Kundra for their alleged involvement in the IPL spot fixing scam.


Earlier the Lodha committee was formed by the Supreme Court in its judgment in the IPL betting case. This judgment confirmed the Supreme Court-appointed Justice Mukul Mudgal committee's findings and held Meiyappan and Kundra guilty of betting.

  1. Lieutenant General Man Mohan Singh Rai was appointed as the Vice-Chief of the Indian Army. He will succeed Lt Gen Philip Campose, who will superannuate the office on 31stJuly 2015. Currently he is working as the Eastern Army Commander.

  2. Famous artist Sayed Haider Raza was conferred with highest French Civilian Award Commandeur de la Lgion dHonneur (the Legion of Honour) for his efforts in improving ties between France and India and for continuing artistic quest straddling nations, religions, cultures and philosophies. La Lgion dHonneur (the Legion of Honour) is the highest civilian award given by the French Government.

  3. India-sForeign Direct Investment (FDI) inflows has increased by 48% during October 2014 to April 2015 as compared to the corresponding period last year due to launch of -Make in India- initiatives in Septemberlast year by the Narendra Modi Government.India-s FDI inflow jumped by 717% to USD 40.92 billion in financial year 2014-15.

  4. Legendary music director and composer MS Viswanathan passed away this morning following illness.He was 88 and he had scored music for over 1,000 films.


India's overall inflation drops to -2.4 percent in June, negative inflation for eighth consecutive months
India's overall inflation, measured by the Wholesale Price Index (WPI), drops to-2.4% in June compared to -2.36% in May due to drop in prices of food and fuel products. This is the eighth consecutive time since November 2014, wholesale price index remained in the negative zone. Wholesale inflation stood at 5.66% in June last year.
The rate of inflation for manufactured products which has 65% weight in WPI dropped to (-) 0.77% in the same month compared to (-) 0.64% in May. Food articles inflation-which has weight of 15% in the WPI stood at 2.8% in June compared to 3.8% in May.
 
15-July
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Current Affairs Global - 15 July 2015

  1. Global credit rating agency Standard and Poor-s expects a stable trend in sovereign credit rating in Asia—Pacific nations, including India, in spite of growing economic uncertainties. S&P has retained India-s sovereign rating at -BBB—- with stable outlookin its mid-year review of the Asia-Pacific region.


S&P had earlier projected India-s credit outlook as stable for the next 24 months in its report published in September 2014.

  1. China-s economy grew by 7% in the second quarter of the year compared to same quarter last year, thus beating expectations. On a quarterly basis, GDP growth stood at 1.7% in second quarter, compared to the 1.4% revised figure in the first quarter. With this rate, China-s economic growth remains almost flat.

  2. BCCI Secretary Anurag Thakur has announced that the Champions League Twenty 20, CLT20, has been scrapped with immediate effect. The decision was made after consultation with all the commercial partners and meeting the contractual obligations of all parties involved.


This decision was taken unanimously by Governing Council of CLT20, comprising BCCI, Cricket South Africa and Cricket Australia. This decision comes a day after a panel appointed by Supreme Court has suspended two IPL teams for two years over an IPL match fixing scandal.
Current Affairs India - 15 July 2015

  1. Prime Minister Narendra Modi launched the 'Skill India Mission' in New Delhi today with the aim of promoting Skill Development and Entrepreneurship across the nation. His ambitious Skill India Mission targets 40.2 crore workers by 2022.


Prime Minister Narendra Modi launched 'Pradhan Mantri Kaushal Vikas Yojana' today to create skilled manpower at grass-root level by providing them vocational, technical and skill development education. These include a redesigned Model Skill Loan Scheme, Skill Card for persons certified under Pradhan Mantri Kaushal Vikas Yojana and the new National Policy for Skill Development.

  1. Krishnapatnam Port in Andhra Pradesh has been awarded with the Golden Peacock environment management award for its achievements and initiatives in the field of environment. The award was presented during the 17th World Congress on Environment Management to C Sasidhar, Managing Director of Krishnapatnam Port by Union Minister of State for Environment Prakash Javadekar in New Delhi.

  2. Tata Advanced Systems Ltd (TASL) and aerospace giant Boeing have formed a joint venture in aerospace and defence manufacturing and potential integrated systems development opportunities. The deal will include unmanned aerial vehicles. Tata Advanced Systems is a wholly-owned subsidiary of Tata Sons, focused on providing integrated solutions for aerospace, defence, and homeland security.

  3. Andromeda, India-s one of the largest loan distributors, has acquired the apnapaisa.com, an online loan solutions space in a stock and cash deal.  Apnapaisa.com, promoted by Harsh Roongta, has worked with several financial lending institutions.


 
16-July
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17-July
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18-July
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19-July
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Current Affairs Global - 19 July 2015

  1. European Union (EU) has approved a short-term loan of 7.16 billion euros to Greece after a deal was finalized between Greece and Euro zone countries. This loan will allow Greece to pay its huge debt to European Central Bank (ECB) and the International Monetary Fund (IMF) till new bailout plan is ratified.

  2. French Formula 1 driver Jules Bianchi passed away, nine months after suffering severe head injuries in a crash at the 2014 Japanese Grand Prix. He had been in a coma since crashing his Marussia into a recovery vehicle at October's rain-hit race. He is the first Formula 1 driver to die from injuries sustained in a Grand Prix after Brazilian world champion Ayrton Senna died after meeting an accident at Italy's Imola circuit in 1994.


Current Affairs India - 19 July 2015

  1. Indian Town Varanasi was chosen as the global bandwagon of UNESCO "Cities of Music" under the Creative Cities Network by UNESCO. It was chosen in the music category under UNESCO's "field of excellence" plan. The fields of excellence are classified into categories of literature, film, music, craft and folk art, design, media arts and gastronomy


Nine cities - Glasgow in the UK, Hanover and Mannheim in Germany, Ghent in Belgium, Hamamatsu in Japan, Brazzaville in the Republic of Congo, Bogota in Columbia, Seville in Spain and Bologna in Italy - are already part of UNESCO "Cities of Music".

  1. Haryana Government has named Parineeti Chopra as its brand ambassador for Prime Minister Narendra Modi's pet 'Beti Bachao-Beti Padhao' campaign to promote the cause of girl child. The campaign, aimed at ensuring survival, protection and empowerment of the girl child, was launched by Prime Minister Modi from Haryana's Panipat in January this year.

  2. Former Delhi Police Commissioner Neeraj Kumar was appointed as the Chief Advisor of Security and anti-corruption unit (ACSU) of BCCI for next year-s T20 World Cup This will be hosted by India in 2016. Earlier he was included in the anti-corruption unit by the BCCI during the IPL.

  3. Rakesh Sahni, a retired IAS officer of 1972 batch, was appointed as Chairman of Narmada Valley Development Authority. Before that he was working as a chief secretary of States. NVDA is a multidisciplinary organization of the Madhya Pradesh State Government with headquarter at Bhopal.

  4. The Reserve Bank of India formed a committee to work out a five-year (medium-term) action plan for financial inclusion. This committee comprises total 14 members and will be headed by RBI executive director Deepak Mohanty. The main aim of this committee will be to review the existing policy of financial inclusion, including customer protection framework and supportive payment system.

  5. India-s exports dropped by 15.8% in June compared to same month last year to USD 22.3 billion due to the global slowdown, and a fall in crude oil prices. This is the seventh consecutive drop in Exports. Also total imports declined by 13.4% to USD 33.1 billion dollars in June due to fall in oil and gold shipments. The trade deficit narrowed to USD 10.8 billion dollars in June compared to USD 11.8 billion in the same month last year.

  6. Famous Telugu playback singer Vissamraju Ramakrishna passed away due to cancer. He was 68. He had sung many memorable songs for different stars including legendary south Indian actor turned politician N T Rama Rao. He had sung about 5,000 songs in his nearly 4 decades long career.


 
20-25-July
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Current Affairs Global - 20-25 July 2015

  1. The United Nations Security Council (UNSC) has unanimously adopted a resolution promoting the famous and much awaited nuclear deal between Iran and the six world powers including China, France, Russia, UK, USA and Germany on 20thJuly. This agreement effects a progressive and conditional lifting of sanctions affecting Iran's economy. In return, Iran has to curtail its nuclear activities.

  2. Conakry, the capital of the Republic of Guinea, was named as the World Book Capital for 2017 by United Nations Organization for Education, Science and Culture (UNESCO), as per the decision was made by an international committee of experts on 30 June 2015 during a meeting.


The selection committee singled out Conakry for the quality and diversity of its programme, in particular for its focus on community involvement as well as for its well-structured budget and clear development goals with a strong emphasis on youth and literacy.

  1. The News Development Bank (NDB), started by the BRICS countries formally began operations in its headquarters in Shanghai on 21stJuly. NDB has been set up to finance infrastructure projects in emerging economies with an initial capital of USD 50 billion, which will be expanded to USD 100 billion within the next couple of years.

  2. Maurice Obstfeld has been appointed as the new chief at the International Monetary Fund (IMF). He will succeed Olivier Blanchard.He has both academic and professional experience as a professor at the University of California, Berkeley and as an adviser in Barack Obama's Council of Economic Advisers.

  3. FamousCanadian author Naomi Klein won the 36th edition of American Book Award 2015 for her environmental work -This Changes Everything: Capitalism vs. the Climate- which was published in 2014.14 other authors also have won the award. Some of them are Marlon James (A Brief History of Seven Killings), Carlos Santana (The Universal Tone) etc. Poet Anne Waldman was honoured with lifetime achievement award in this edition of prize.

  4. Tom Moore, the cartoonist who created famous Archie comic character, has passed away. He was 86. He began drawing cartoons while in the US Navy during the Korean War and he drew Archie Andrews and his friends on and off from 1953 until he retired in the late 1980s.

  5. Alcides Edgardo Ghiggia, the Uruguayan soccer legend and key architect of Uruguay-s 1950 world cup win, passed away on 16thJuly after a heart attack. He was 88. Coincidentally, 16 July 2015 marked the 65th anniversary of the Maracanazo match in which Ghiggia won the goal in the famous 2-1 victory over Brazil in the final game of the 1950 FIFA World Cup.


Current Affairs India - 20-25 July 2015

  1. India has been ranked at 12thplace in terms of power generation from nuclear source, as per the report published by the Power Reactor Information System (PRIS) of the International Atomic Energy Agency (IAEA). India also holds 6th position in terms of the number of reactors in operation in the country. 

  2. India has secured the second highest position in the Forbes Asia Fabulous 50 list with 10 Indian companies featuring in the list. China secured No 1 position in the list with 25 companies.


Among all Asian companies, Lenovo was ranked at No 1 as it generated 46.3 billion revenue last year. Indian companies included in the list are Aurobindo Pharma, HCL Technologies, HDFC Bank, Lupin, Motherson Sumi Systems, Sun Pharmaceutical Industries, Tata Consultancy Services, Tata Motors, Tech Mahindra and Titan.

  1. Puducherry has become the first city to be nominated as a smart city under the Central Government's Smart City Mission. All the 5 local urban bodies in the city have all the pre-requisites for Stage - 1 of 'City Challenge' competition.As per the Smart City Mission Guidelines, the High Powered Steering Committee (HPSC) has been constituted & headed by Puducherry's Chief Secretory to oversee Stage -1 of the competition.

  2. T K Chand has been appointed as the new chairman-cum-managing director (CMD) of National Aluminium Company (Nalco). Before that he was a Director (Commercial) of Rashtriya Ispat Nigam Limited (RINL).


The Public Enterprises Selection Board recommended his name for appointment as CMD of the Nalco in November last year after short-listing 11 candidates. He succeeded Ansuman Das who superannuated on 30th April, 2015.

  1. Union Government has appointed Bhanu Pratap Sharma as Chairperson Food Safety and Standards Authority of India (FSSAI) this week. Currently he is working as Health and Family Welfare Secretary was given additional charge of FSSAI for three months.


FSSAI is a nodal statutory agency responsible for protecting and promoting public health in India through the regulation and supervision of food safety. FSSAI was established under the Food Safety and Standards Act, 2006 and operates under aegis of Union Ministry of Health & Family Welfare.

  1. Famous cartoonist in a Telugu daily 'Sakshi', Parmarthy Shankar, won the Grand Prix World Press cartoon 2014 Award for his sketch of Nelson Mandela by World Press Cartoon Director Antonio Antunes.


The award-winning sketch was drawn by him post the death of the iconic South African anti-apartheid leader, Nelson Mandela, in December 2013. Shankar's caricature has been displayed at a World Press Cartoon exhibition at Cascais along with top 50 works by other cartoonists in 2014.

  1. Anil Ambani-led Reliance Group signed a Memorandum of Understanding (MoU) with Augur Overseas Operation of Singapore to manufacture Aerostats and Airships in India under -Make in India- initiatives. As per the MoU, both the parties will collaborate on new technologies for the civil and military market. The two companies have agreed to form a joint venture (JV) firm with Reliance having 51% stake as per Government-s FDI policy.

  2. The BCCI formed a working group headed by IPL Chairman Rajeev Shukla to study implications of Justice Lodha Committee report and to draw up a roadmap for IPL 9. Other members in the working plan include former Indian cricket team captain Saurav Ganguly, BCCI Secretary Anurag Thakur, BCCI's Treasurer Aniruddh Chaudhary and BCCI's legal adviser U N Banerjee. The committee will give its recommendation within next 6 weeks.

  3. A 10-year-old Haryana boy, Shubham Jaglan, has won the IJGA World Stars of Junior Golf event 2015 held in California USA.

  4. India's Yuki Bhambri defeated Micheal Venus of New Zealand by 6-2, 6-2, 6-3 in the deciding match of the Asia Oceania Group I tie in Christchurch this week.With this win, India won the Asia Oceania group I tie with a 3-2 score line. Before that India's Somdev Devvarman defeated Marcus Daniell of New Zealand 6-4, 6-4, 6-4 on Sunday to level India's Asia Oceania Davis Cup Group I tie against New Zealand 2-2 and send it to a deciding fifth rubber.


 
26-July
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27-July
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28-July
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Current Affairs Global - 28 July 2015

  1. Nobel Prize winner Peter Higgs was honored with the world-s oldest scientific prize, the Royal Society-s Copley Medal, for his pioneering work on the theory of the Higgs boson which was discovered in 2012.With this he has joined the ranks of Charles Darwin and Albert Einstein.


The Copley medal was first awarded by the Royal Society in 1731, 170 years before the first Nobel Prize. This is considered to the oldest scientific prize in the world and has most recently been awarded to eminent scientists such as theoretical physicist Stephen Hawking, DNA fingerprinting pioneer Alec Jeffreys and Andre Geim, for his discovery of graphene.

  1. Briton Chris Froome won his second Tour de France title in three years on 26thJuly. He defeated Colombian Nairo Quintana by one minute 12 seconds and his Movistar team mate Alejandro Valverde of Spain by 5:25 to win the title. With this win, he has also become the first Briton to win the Tour twice.

  2. Ferrari-s Formula 1 drive Germany-s Sebastian Vettel won the Hungarian Formula One Grand Prix heldin Budapest on 26thJuly. This was hissecond win of the season and his overall 41stwin. Red Bull driver Daniil Kvyat of Russian and his teammate Daniel Ricciardo of Australia secured the second and third place respectively in the same race.


Current Affairs India - 28 July 2015

  1. Former President A P J Abdul Kalam, popularly known as the 'missile man' passes away in Shillong today evening. He was 84. He was rushed to Bethany hospital in Nongrim hills after he collapsed during a lecture in the Indian Institute of Management today afternoon.


Considered the most popular President, Kalam became the11th President of India and occupied the post between 2002 and 2007 during the NDA government under Atal Bihari Vajpayee but lack of consensus denied a second term in office for a man who came from outside political spectrum.

  1. Prime MinisterNarendra Modi has launched Deen Dayal Upadhyaya Gram Jyoti Yojana for power sector reforms in rural India to ensure 24x7 electricity supply to farmers and rural households. The scheme will be implemented by the Power Ministry. The scheme has an outlay of Rs. 76,000 crore for implementation of the projects under which the Centre shall provide grant of Rs. 63,000 crore.

  2. Leading PSU Bharat Electronics Ltd (BEL) won the Dun & Bradstreet-s -India-s Top PSUs Awards 2015 in the category of electrical and electronic equipment sector for the critical role played by the PSUs in the development of the Indian economy.The award was received by Chairman and Managing Director of BEL Mr. S K Sharma along with Anandi Ramalingam the General Manager-National Marketing for BEL.

  3. Ajay Mathur has been appointed as the new Director-General of TERI. He is currently head of the Bureau of Energy Efficiency, a government body under the Ministry of Power.

  4. Indian pharmaceutical company Lupin has acquired US based Gavis Pharmaceuticals in cash-free and debt-free transaction for USD 880 million. This acquisition will help Lupin to expand its presence in US and enter into niche generics areas such as dermatology and controlled substances etc.

  5. India-s leading Jewellery export company Rajesh Exports acquired Valcambi, the world-s largest gold refining company, in an all-cash deal worth USD 400 million. The company was selected after a global search by Valcambi-s existing owners led by Newmont Mining Corp. The deal will help Rajesh Exports to secure raw material supplies for its Jewellery business.


 
29-July
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Current Affairs Global - 29 July 2015

  1. World Hepatitis Day was observed across the world on 28thJuly 2015 with the theme -Prevent hepatitis, Act now-. The day is observed every year to raise awareness about hepatitis and influence real change in disease prevention, testing and treatment.


The observance of the day in 2015 focuses particularly on Hepatitis B and C. These two combined cause approximately 80 percent of all liver cancer deaths and kill close to 1.4 million people every year.

  1. German auto giantVolkswagen has become the world's biggest automaker after surpassing Toyota as per total number of cars sold in the first half of the year 2015. Toyota said it sold 5.02 million vehicles worldwide between January and June while Volkswagen sold nearly 5.04 million cars during the same period. US-basedGeneral Motors secured third spot with 4.86 million in sales.

  2. Mexico defeated Jamaica by 3-1 in Gold Cup Final to win the cup for the record third time. Also Mexico-s Andres Guardado became the first player to score in three Gold Cup finals goals.


Current Affairs India - 29 July 2015

  1. India's Sanjeev Chaturvedi and Anshu Gupta have been awarded with the prestigious Ramon Magsaysay Award 2015, which is Asia-s highest honour. Sanjeev Chaturvedi, is an Indian Forest Officer and Anshu Gupta is the founder of the NGO Goonj. 


As per the foundation, Sanjeev Chaturvedi has been awarded for -his exemplary integrity, courage and tenacity in uncompromisingly exposing and painstakingly investigating corruption in public office, and his resolute crafting of program and system improvements to ensure that government honorably serves the people of India.- Anshu Gupta was awarded for -his creative vision in transforming the culture of giving in India, his enterprising leadership in treating cloth as a sustainable development resource for the poor, and in reminding the world that true giving always respects and preserves human dignity.-

  1. Information Technology secretary, R S Sharma has been appointed as the new Chairman of Telecom and Regulatory Authority of India (TRAI).He will replace former TRAI Chairman Rahul Khullar, who retired in May this year.

  2. Anand Krishnamurthy has been appointed as the new MD and CEO of Catholic Syrian Bank (CSB). He replaced Rakesh Bhatia who had quit due to personal reason. He has previously worked with HSBC for 22 years and also headed the Wholesale Banking and Treasury of CSB for last one year. He was responsible for corporate banking, integrated treasury operations of the Bank and SME business for CSB.

  3. India-s capital market regulator, Securities and Exchange Board of India has cancelled Sahara asset Management Company-s license on 28thJuly.SEBI said that the company is not fit and proper entity to carry out the business of mutual fund. It has directed Sahara AMC not to take any new subscription from the investors including existing investors in systematic investment plans and also not to levy any penalties on the investors for not depositing the installments. SEBI has also asked the fund house to transfer its activities to a new sponsor and a Sebi approved asset Management Company at the earliest.

  4. Leading Automobile manufacturer Renault India has roped in actor Ranbir Kapoor as its new brand ambassador.Renault is also celebrating its fourth year anniversary in India this July.


 
30-July
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Current Affairs Global - 30 July 2015

  1. The Bill & Melinda Gates Foundation has been ranked at No 1 position in the list of the world-s wealthiest private foundations established by living ultra-high net worth (UHNW) individuals, as per a latest Wealth-X report. The Gates Foundation has total assets worth of USD 43.4 billionwhich is more than half of the combined assets of the 10 charitable foundations on the list, the global wealth intelligence and prospecting firm has said.


Li Ka Shing Foundation, founded in 1980 by Hong Kong business magnate Li Ka-Shing, was ranked at second position with USD 8.1 billion in assets followed by Gordon and Betty Moore Foundation at third position with total asset worth of USD 6.4 billion.

  1. Consumer Durable giant Procter & Gamble (P&G) has appointed David Taylor as the new CEO who will replace its current CEO A G Lafley. David Taylor has been working with the P&G for last 35 years, who had joined in 1980. He has been the group president for global health & grooming business since 2013 and has served the company as in managerial role across the globe.


Current Affairs India - 30 July 2015
 
31-July
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Current Affairs Global - 31 July 2015

  1. Microsoft has formally launched 'Windows 10' in India and the system will soon be available free 90-day trial edition. Windows 10 will be available on several devices like PCs, tablets, phones, Raspberry Pi, Xbox One, HoloLens and more and Microsoft looks to regain its presence with the launch of this new Windows operating system.

  2. Japanese media giant Nikkei Media group has acquired European Financial News Company Financial Times from Britain-s Pearson in a USD 1.3 billion deal. This is also the biggest acquisition ever by any Japanese media organization.

  3. Beijing won the bid to host 2022 Winter Olympic Games, as per the announcement made by the International Olympic Committee in Kuala Lumpur, Malaysia today. With this, Beijing will be the first city to host both the summer and Winter Games. Beijing successfully hosted the Summer Olympics in 2008.


Current Affairs India - 31 July 2015

  1. Ten Indian Companies have been included in the list of Forbes Asia Fabulous 50 companies. The list was dominated by Chinese Companies where 25 Chinese Companies have made it to the list compared to 16 companies last year.China-s Tencent continued to be at the top on chart, which now worth of USD 176.5 billion.


South Korea has secured third place with four companies while Malaysia, Singapore, and Philippines have two companies each and Japan, Indonesia have one firm each on the list.
Indian companies that made to the list are: HDFC Bank, Tata Consultancy Services, HCL Technologies, Aurobindo Pharma, Lupin, Sun Pharma Industries, Motherson Sumi Systems, Tech Mahindra, Tata Motors and Titan.

  1. The Indian Government has announced that it will infuse Rs 70,000 Crore in Public Sector Banks over a period of four years to improve capital ratio and fight with rising bad loans. The first instalment of Rs 25,000 crore has been marked for this fiscal. The second instalment of Rs 25,000 crore will be in 2016-17, followed by infusion of Rs 10,000 crore each in the third (2017-18), and fourth (2018-19) instalments.

  2. Indian off-spinner Ravichandran Ashwin was awarded with the Arjuna Award which was conferred on him last year by the Sports Minister Sarbananda Sonowal. Ashwin was not present during the Award Ceremony at Rashtrapati Bhawan in August last year due to some ongoing tour in England.