 Deposits in bank accounts opened under Jan Dhan scheme have crossed the Rs 1 lakh crore mark. As per the latest finance ministry data, the total balance in over 36.06 crore Pradhan Mantri Jan Dhan Yojana accounts was at Rs 1,00,495.94 crore as on July 3. The PMJDY was launched on August 28, 2014, with an aim to provide universal access to banking facilities to the people in the country. |
| Source: The Financial Express |
 State Bank of India has reduced its benchmark lending rate by 5 bps across all loan tenures. The lender’s one-year marginal cost of funds based lending rate (MCLR) will be 8.4% compared with 8.45%. |
| Source: The Hindu |
 Walmart Labs has acqui-hired health tech startup FloCare and B2B wholesale trading platform BigTrade. The aim of acqui-hiring is to strengthen its customer service. As per the process, some founders and team members of the two companies will join Walmart Labs in the customer and supply chain technology teams. Acqui-hires are typically made for the skills of the team, rather than for the product. |
| Source: The Live Mint |
 Online grocery delivery platform Milkbasket has acquired Bengaluru-based e-grocery distributor PSR Supply Chain. Founded in early 2015, Milkbasket has built a new-age technology platform to enable a smooth grocery buying experience online. |
| Source: The Live Mint |
 Magnus Carlsen won the 2019 Croatia Grand Chess Tour title. He scored 8 points. Wesley So finished second with 7 points. India’s Viswanathan Anand ended up with 4.5 points and finished 11th. |
| Source: The Hindu |
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4 gold medals for India in Commonwealth Senior Weightlifting Championships.Following is the list of winners in the different categories:
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| Source: The Hindu |
 Wrestler Vinesh Phogat has won a gold medal in the 53kg category, while Divya Kakran has won the gold medal in the 68kg category at the Grand Prix of Spain. Pooja Dhanda (57kg) has won a silver after losing the title clash to Russia’s Veronika Chumikova. |
| Source: The Hindu |
 Sri Lanka has inaugurated first model village built with Indian assistance. The village is a part of housing project meant for war affected people. India has partnered with the ministry of housing and construction and cultural affairs of Sri Lanka to build 100 model villages with Indian grant of Rs 1,200 million. |
| Source: The Times of India |
 Kyriakos Mitsotakis was sworn in as the prime minister of Greece. Mitsotakis is the son of former prime minister Constantine Mitsotakis, one of the country’s longest serving parliamentarians. |
| Source: The Hindu |
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| Odisha government has decided to give monthly allowance of Rs 10,000 to Padma award winners of the state facing financial problems. The decision has been taken on the basis of the Culture Department’s report on the economic conditions of the Padma award winners of the state. |
| Source: The Business Standard |
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