National News
Women Entrepreneurship Platform and TransUnion CIBIL Partner to Launch SEHER Program
The Women Entrepreneurship Platform (WEP) and TransUnion CIBIL have launched SEHER, a credit education program designed to empower women entrepreneurs in India. SEHER aims to provide financial literacy content and business skills, facilitating access to essential financial tools for growth and employment creation.
Appointments News
Justice Bidyut Ranjan Sarangi Appointed Chief Justice of Jharkhand High Court
Justice Bidyut Ranjan Sarangi has been appointed as the Chief Justice of the Jharkhand High Court, succeeding Justice Sanjaya Kumar Mishra who retired on December 28, 2023. His appointment was recommended by the Supreme Court collegium in December last year and officially announced by the Union Ministry of Law and Justice on July 3.
LIC Chairman Siddhartha Mohanty Re-Designated Managing Director & CEO
State-owned life insurer Life Insurance Corporation (LIC) has redesignated its chairman Siddhartha Mohanty as chief executive officer and managing director with effect from 30 June 2024. It is not yet known if the life insurance company would appoint a new chairperson.
Banking News
RBI Slaps ₹1.32 Crore Monetary Penalty on PNB
The Reserve Bank of India (RBI) on July 5 imposed a monetary penalty of ₹1.32 crore on Punjab National Bank (PNB) for violations related to loans and advances and Know Your Customer (KYC) norms.
Business News
Bajaj Rolls Out World’s First CNG Bike, Gadkari Hails It as ‘Eco-friendly’ and ‘Sustainable’
Union Minister Nitin Gadkari launched Bajaj Auto’s new bike, Freedom, the world’s first CNG motorcycle. He praised it as “eco-friendly” and “sustainable,” highlighting the significant issues of air, sound, and water pollution, and the high cost of fossil fuel imports in India.
Economy News
Private Sector Drives NPS Growth and Economic Activity
The National Pension System (NPS) witnessed a robust 40.1% year-on-year growth, reaching ₹2.47-lakh crore by June 29, fueled largely by buoyant equity markets and expanding private sector subscriptions. Overall NPS assets, including Atal Pension Yojana (APY), approached ₹12.5-lakh crore, marking a 28.64% increase, as per PFRDA data.
Awards News
Agri-Entrepreneur Sopna Kallingal Secures Spice Award
Sopna Kallingal of Kallingal Plantation, Thrissur, received Spice Award 2024, instituted by ICAR-Indian Institute of Spices Research. The award has been given to her for her initiatives in enterprise diversification and integrated crop management strategies, promoting a sustainable spice-based cropping system.
Defence News
India’s Defence Production Hits All-Time High of Rs 1,26,887 Crore
India’s defence sector has achieved a remarkable milestone in the fiscal year 2023-24, with total annual defence production reaching an all-time high of Rs 1,26,887 crore. This unprecedented achievement, announced by the Union Ministry of Defence on July 5, 2024, marks a significant leap in India’s journey towards self-reliance in defence manufacturing.
Defence Investiture Ceremony 2024: President Murmu Honors Gallantry Award Recipients
On July 5, 2024, President Droupadi Murmu presided over the Defence Investiture Ceremony-2024 (Phase-I) at Rashtrapati Bhavan, presenting Gallantry Awards to distinguished servicemen and women.
Indian Army Inducts First Indigenous Chip-Based 4G Base Station
Indian army has inducted the first-ever indigenous chip-based 4G mobile base station, which it procured from Bangalore-based firm Signaltron through the government e-marketplace portal. Signaltron founder Himamshu Khasnis told PTI that the chip used in the Sahyadri LTE base stations has been developed by Signalchip.
Sports News
Neeraj Chopra To Lead 28-Member Squad in Paris Olympics
A 28-member Indian athletics team, led by men’s javelin throw defending champion Neeraj Chopra, will compete at the Paris 2024 Olympics, the Athletics Federation of India (AFI) announced on June 04. Chopra made history three years ago by becoming the first Indian track and field athlete to win a medal at the Olympics, that too a gold. This time, the Indian javelin throw ace will have Olympic debutant Kishore Jena for company in his pet event.
Kolkata, Kokrajhar, Jamshedpur & Shillong to host 133rd Durand Cup
The Durand Cup, Asia’s oldest and India’s most prestigious club-based football tournament, is set to enter its 133rd edition in 2024. This historic competition, which has been a cornerstone of Indian football for over a century, continues to evolve and expand, bringing together the best teams from across the country.
Four Different Venues To Host Durand Cup 2024 Starting July 27
The Durand Cup 2024 football tournament will start from July 27 with the final scheduled at the Vivekananda Yuba Bharati Krirangan (Salt Lake Stadium) in Kolkata on August 31. First played in 1888, the Durand Cup is India’s oldest football tournament and serves as the opener for the Indian domestic season. The upcoming edition will be the 133rd edition of the legacy competition.
PM Hosts ICC T20 World Cup Winners, 2024
Prime Minister Narendra Modi hosted the T20 World Cup-winning Indian cricket team for breakfast on June 4. The team led by skipper Rohit Sharma arrived in Delhi in the early morning from Bridgetown in Barbados, where it was stranded for five days owing to a Category-4 hurricane.
Important Days
International Day of Cooperatives 2024: Building a Better Future for All
On July 6, 2024, cooperatives worldwide will celebrate the International Day of Cooperatives under the theme “Cooperatives Building a Better Future for All.” This special day highlights the crucial role cooperatives play in creating a sustainable future and advancing the Sustainable Development Goals (SDGs).
World Zoonoses Day 2024: Understanding and Preventing Animal-to-Human Diseases
World Zoonoses Day is an important annual observance that aims to raise awareness about zoonotic diseases – infections that can spread from animals to humans. As we approach World Zoonoses Day 2024, it’s crucial to understand the significance of this day and how we can contribute to preventing these potentially dangerous diseases. World Zoonoses Day is observed annually on July 6. In 2024, it falls on a Saturday.
