Important Current Affairs 21st July 2018

Important Current Affairs 21st July 2018

Current Affairs 21st July 2018: NATIONAL NEWS

Union Home Minister launched Student Police Cadet Program for nationwide implementation
●        Union Home Minister Shri Rajnath Singh today launched the Student Police Cadet Program for nationwide implementation at a function in Gurugram of Haryana today.
●        In his address on this occasion, he hoped the Home Minister hoped that the SPC would create a silent revolution by establishing moral values in the minds that develop.

Construction of Multi-Model Terminal at Ganga River in Varanasi
 
●        Construction of multi-modal terminal (MMT) being built at Varanasi at a cost of Rs 169.59 crores will be completed by November this year.
●        This terminal will be a major achievement for this project.
●        Construction of MMT constructed at a cost of Rs 280.90 crores in Sahibganj will be completed by May, 2019.
●        The construction work of MMT constructed at a cost of 517.36 crores in Haldia will be completed by December 2019.

Indian mission came to help family 'living like prisoners'
●        Many people are coming out in UAE to help an Indian family of seven people living like prisoners.
●        Many people have offered him a job and the Indian mission located here has also approached him to provide assistance.

Sanitary Napkin GST Free
 
●        28th meeting of Goods and Services Tax Council has taken many important decisions. Sanitary napkins have been tax-free, tax on 88 items, including TV, freeze, washing machine, has been reduced.
●        Finance Minister Piyush Goyal said that more than 100 items would be cheap with these changes.
●        All the decisions taken in the meeting will be effective from July 27.

HDFC Bank's net profit up by Rs 4,601 crore
 
●        HDFC Bank's net profit increased by 18.2 percent to Rs 4,601.44 crore in the first quarter of the current financial year.
●        In the same quarter of last financial year, the bank's profit was Rs 3,893.84 crore.
●        The bank told the stock exchange that its total income increased by 18.8 percent to Rs 26,367 crore in the April-June quarter, which was Rs 22,185.40 crore in the quarter ended June 30, 2017.
 

Air travel cheap on many routes of the railway
●        Regarding the increase in the demand for railways , the Comptroller and Auditor General on Friday warned that the scheme has to be 'compelled' for air travel by the passengers.
●        He said that the trainers have already moved away from the railway trains and they are preferring to travel by other mail and express trains.
●        As per the 'Flexi' fare scheme, the fares are increased in the trains as the seats are filled.

Approval of LIC Board of Directors for 51% stake in IDBI Bank
●        The Life Insurance Corporation of India has got approval from the board of directors for the acquisition of 51 percent stake in public sector IDBI Bank.
●        Economic Affairs Secretary SC Garg gave this information on Monday.
●        LIC will now get the approval of the Securities and Exchange Board of India for this.
●        Insurance Regulatory and Development Authority has already approved the purchase of this stake to the company.

 
Bihar gets SC-ST reservation now in promotion
 
●        Nitish government has decided to give reservation to the Scheduled Castes / Scheduled Tribes (SC / ST) in the promotion.
●        Chief Minister Nitish Kumar has also been advocating reservation in promotions.
●        The Supreme Court had allowed the Central Government to give reservation in promotion in certain category of employees as per the law on June 5 last month .

Current Affairs 21st July 2018: GLOBAL NEWS

India working with USA to help prevent CATSA ban
 
●        The US today said it is working to help the Allied countries, including India, to avoid the potential preventive activity under the 'Countering America's Advice for the Saints' Act and to recognize it.
●        The US State Department said that it is fully committed to implement the pharmaceutical, under which countries will be banned from buying important military equipment from Russia.
 
 
China to do military exercises with Nepal in September
 
●        A 10-day joint military exercise between Nepal and China will commence on September 17, which will focus on disaster management and counter terrorism.
●        Kathmandu Post said in a report that Nepal Army, which has been engaged in joint military exercises with India and the United States for a long time, has tied up with the People's Liberation Army of China.
 

UK: On August 15, India will demand National Day
 
●        People of Indian origin will be campaigning to celebrate the day of partition of India in the form of National Day on 15th August in Britain.
●        This will help in respecting the contribution of South Asian community.
●        A delegation led by UK-born TV presenter Anita Rani will meet with MPs in the House of Commons premises on Wednesday to celebrate August 15 as National Day.
●        Indian-origin MP Virendra Sharma has announced support for this initiative.
 

Former President of South Korea in prison jailed for another 8 years
 
●        Former South Korean President Park Gwen O convicted of imprisonment in the case of corruption was convicted of receiving illegal money from the country's intelligence agency, and sentenced to eight years in prison for eight years.
●        South Korea's first woman President Park had to face impeachment in the past year and in April she was sentenced to 24 years in jail for misuse of corruption and rights.
●        Today, in the absence of the park, he was sentenced.
 

Facebook will launch its internet satellite in 2019
 
●        As part of its plan to connect billions of people who are still offline, Facebook is in the process of launching its own internet satellite 'Athena', which will be installed in class at the beginning of 2019.
●        Although Facebook is not the only company working on the Internet to increase access to the internet through the Satellite of Lo Money Orbit.
●        Oneweb supported by Allen Musk's Spacex and SoftBank, there are two other major companies, who have similar ambitions.
 

EU asks big forces to avoid trade disputes
 
●        The European Union has asked forces like America, China and Russia to run together to avoid 'collision and chaos' in trade so that the conditions do not take the form of violent controversy.
●        EU Council President Donald Tusk said in Beijing's capital, Beijing, that it is not only Europe and China but also the United States and Russia have a shared obligation that global business conditions do not deteriorate.
●        The EU is the world's largest single market with 28 countries and 50 million people.

Current Affairs 21st July 2018: GLOBAL NEWS

NASA launches Toolkit to promote commercial use of satellite data
 
●        National Aeronautics and Space Administration launched Toolkit to promote commercial use of satellite data on July 19, 2018.
●        This online toolkit was launched with the objective that it would be easy for users to locate and analyze and use relevant satellite data for data research, business projects or conservation efforts.

Current Affairs 21st July 2018: ECONOMY

Wholesale inflation at the highest level in 4 years
 
●        Inflation based on wholesale price index rose to 5.77% in June, which is the highest in 4 years.
●        Mainly, inflation of inflation has increased due to high prices of vegetables and fuel.
●        Inflation based on wholesale price index was 4.43% in May and 0.90% in June last year.