National News
1. Goods and Services
Tax Day: 1 July
Mr Piyush Goyal |
i. The Government of India has
announced that 1st of July shall be commemorated as ‘GST
Day’. Union Minister for Railways, Coal, Finance &
Corporate Affairs Mr Piyush Goyal presided over as the Chief Guest of the event
and Minister of State for Finance.
ii. The government of India is
celebrating the 1st Anniversary of the Goods and Services Tax (GST)
coming into force on 1st July 2017.
iii. Four Laws namely CGST
Act, UTGST Act, IGST Act and GST (Compensation to States) Act were
passed by the Parliament and since been notified on 12th April 2017.
All the other States (except Jammu & Kashmir) and Union territories with
legislature have passed their respective SGST Acts.
2. Maharashtra
Government Announces 'Kanya Van Samruddhi Yojana'
i. The
Maharashtra government announced a new scheme called 'Kanya Van Samruddhi
Yojana', wherein farmers families where girl children
are born will be given saplings for plantation.
ii. The scheme is aimed at empowering women and promoting tree plantation. The scheme was approved in the cabinet meeting chaired by Chief Minister Devendra Fadnavis.
ii. The scheme is aimed at empowering women and promoting tree plantation. The scheme was approved in the cabinet meeting chaired by Chief Minister Devendra Fadnavis.
Static/Current Takeaways
Important for SBI PO/Clerk Exam 2018-
·
Maharashtra CM- Devendra Fadnavis, Governor- C
Vidyasagar Rao.
International News
3. Final Nepal-India EPG
Meeting Concludes
i. The
ninth and final meeting of Eminent Persons Group (EPG) on Nepal-India
Relations concluded in Kathmandu, Nepal. The Representatives from
Nepal and India deliberated upon various bilateral issues including 1950 Peace
and Friendship treaty, trade, transit and border during the two-day meeting.
ii. The EPG is a joint mechanism consisting of experts and intellectuals from India and Nepal. It was set up in February 2016 to make suggestions for updating all existing bilateral treaties and agreements between both the countries.
ii. The EPG is a joint mechanism consisting of experts and intellectuals from India and Nepal. It was set up in February 2016 to make suggestions for updating all existing bilateral treaties and agreements between both the countries.
Static/Current Takeaways
Important for SBI PO/Clerk Exam 2018-
·
Khadga Prasad Sharma Oli is the current Prime Minister of Nepal.
·
Bidhya Devi Bhandari is the current President of Nepal and commander in chief of
Nepalese Army.
·
The Nepalese
Rupee is the currency of Nepal.
·
Kathmandu is Capital of Nepal.
4.
Asia's 1st Patent Arbitration Centre To Open In Tokyo
i.
Asia's first arbitration centre specialised in intellectual property is slated
to open in Tokyo in
September 2018 to resolve the growing number of disputes in the region.
ii. The International Arbitration Centre in Tokyo (IACT) is set to have around a dozen arbitrators from around the world, who would try to resolve disputes within a period of one year.
ii. The International Arbitration Centre in Tokyo (IACT) is set to have around a dozen arbitrators from around the world, who would try to resolve disputes within a period of one year.
Static/Current Takeaways
Important for SBI PO/Clerk Exam 2018-
·
Japan Capital- Tokyo, Currency- Japanese yen, Prime
Minister- Shinzo Abe.
Ranks and Reports
5.
Nigeria Replaces India to Become World's Largest Poor Population: Brookings
Report
i. With the persistent decline
in poverty, India is no longer a nation having the largest number of
poor people in the world, according to a study published by the US-based
think tank, Brookings.
ii. According to the study, Nigeria has already overtaken India as the country with the largest number of extreme poor in early 2018, and the Democratic Republic of the Congo could soon take over the number 2 spot.
iii. The study, titled 'The start of a new poverty narrative' and published in the Brookings' blog, is authored by Homi Kharas, Kristofer Hamel and Martin Hofer.
ii. According to the study, Nigeria has already overtaken India as the country with the largest number of extreme poor in early 2018, and the Democratic Republic of the Congo could soon take over the number 2 spot.
iii. The study, titled 'The start of a new poverty narrative' and published in the Brookings' blog, is authored by Homi Kharas, Kristofer Hamel and Martin Hofer.
6. Abu Dhabi ‘Smartest
City’ In Middle East: Study
i. capital of the United Arab Emirates (UAE), has topped the list
of "smart cities" in the Middle East and
Africa, according to the Abu Dhabi's Department of Culture and
Tourism. Covering 50 international cities, a report by McKinsey
Global Institute titled "Smart Cities: Digital Solutions for a More
Livable Future" views how cities all over the world use
technology to improve the quality of life.
ii. With a rating of 18.4, Abu Dhabi ranked the first in the region ahead of Dubai, which was placed the second with a rating of 17.3.
ii. With a rating of 18.4, Abu Dhabi ranked the first in the region ahead of Dubai, which was placed the second with a rating of 17.3.
Business News
7. Tata
Steel-Thyssenkrup Joint Venture Approved
i. The
Tata Steel board gave
the green flag to the joint venture with German steel
giant Thyssenkrup. The Thyssenkrup supervisory board also
approved the collaboration with the Indian steel manufacturer. This deal will
see both steel majors combine their European businesses to form a 50:50 joint
venture.
ii. The resultant entity, which will be called Thyssenkrup Tata Steel BV, will be the second-largest steelmaker in European steel sector after Lakshmi Mittal's ArcelorMittal.
ii. The resultant entity, which will be called Thyssenkrup Tata Steel BV, will be the second-largest steelmaker in European steel sector after Lakshmi Mittal's ArcelorMittal.
Awards
8. JP Nadda Gives Away
PMSMA 'IPledgefor9' Achievers And MMR Reduction Awards
i.JP
Nadda, Union Minister for Health and Family Welfare presented the Pradhan
Mantri Surakshit Matritva Abhiyan (PMSMA) 'IPledgefor9' Achievers and
MMR Reduction Awards. The ‘IPledgefor9' Achievers Awards were given to
individuals and teams of doctors from the private sector and States for their
remarkable services, outstanding support of institutions and commitment in
achieving the mission’s objectives of safe motherhood to every woman in India.
ii. According to Mr Nadda, India has shown 22% reduction in Maternal Mortality Ratio (MMR) since 2013. Uttar Pradesh has shown 30% decline and has topped the chart in the reduction of maternal deaths.
ii. According to Mr Nadda, India has shown 22% reduction in Maternal Mortality Ratio (MMR) since 2013. Uttar Pradesh has shown 30% decline and has topped the chart in the reduction of maternal deaths.
Sports News
9. ISSF Junior World Cup
2018 Germany- Complete Highlights
i. The
ISSF Junior World Cup 2 concluded in Suhl, Germany, where 761 junior shooters
gathered and competed in 22 Rifle, Pistol and Shotgun events — both individual
and team. They represented 61 countries, piling up the impressive total of 1544
starts: the highest number in the history of the Junior World Cup.
ii. India and the People’s Republic of China battled all along the competition for the top position in the medal board, which was eventually taken by the Indian National Team with 26 total medals: 15 golds, two silvers and nine bronzes.
iii. Manu Bhaker shot 242.5 points and won the gold medal in 10m air pistol event. She created a junior world record.
ii. India and the People’s Republic of China battled all along the competition for the top position in the medal board, which was eventually taken by the Indian National Team with 26 total medals: 15 golds, two silvers and nine bronzes.
iii. Manu Bhaker shot 242.5 points and won the gold medal in 10m air pistol event. She created a junior world record.
Find The Final Medal Standings Here
10 Janardan Singh Gehlot Elected International Kabaddi Federation Chief
10 Janardan Singh Gehlot Elected International Kabaddi Federation Chief
i. Janardan
Singh Gehlot was
elected the president of the International Kabaddi Federation (IKF) for
the next four years.
ii. It was announced after the Annual General Congress (AGC) of the federation, conducted in Dubai, the UAE.
ii. It was announced after the Annual General Congress (AGC) of the federation, conducted in Dubai, the UAE.