Current Affairs

 The Indian team lost to Pakistan in the final of the IBSF Snooker World Cup in Doha. India lost the summit clash by 1-3. Pankaj Advani and Laxman Rawat represented the Indian team in the world cup.
Source: The Hindu

  The Department of State of USA has designated the Balochistan Liberation Army (BLA) and Hizballah operative Husain Ali Hazzima as Specially Designated Global Terrorists. The USA has also blamed the organizations for the attacks on Chinese assets amid an ongoing civil war like situation in Pakistan’s biggest province Balochistan.
Source: The Economic Times

  The U.S. Senate has passed a legislative provision National Defense Authorisation Act  for India. The act will bring India at par with America’s NATO allies which will increase U.S.-India defence cooperation in the Indian Ocean in the areas of humanitarian assistance, counter terrorism, counter-piracy and maritime security. The act has been passed for the fiscal year 2020.
Source: The Hindu

  Chief Minister of Uttar Pradesh have launched the IInd phase of Communicable Disease Control and Dastak Abhiyan 2019. The campaign is launched to eradicate deadly Acute Encephalitis Syndrome and Japanese Encephalitis disease. The state wide program was organized under the banner of Health department and UNICEF. Chief Minister flagged off the vehicles of awareness campaign and also honored the Dastak Yoddhas by awarding certificates.
Source: The United News of India

 Microfinance Institutions Network has elected Manoj Kumar Nambiar as its chairman. MFIN comprises 56 NBFC-MFIs and 40 associates including banks, small finance banks and NBFCs.
Source: The Business Standard

  Reserve Bank of India Deputy Governor N S Vishwanathan has been given a one-year extension by the GoI. Presently he is heading the Department of Banking Regulation of the Reserve Bank of India.
Source: The Business Standard

  The Indian and French Air Force has started Garuda VI exercise at Mont de Marsan in France. The exercise is scheduled to take place from 1 July to July 12, 2019, in France. The Indian Air Force (IAF) contingent comprises of 120 air-warriors and four Sukhoi 30 MKI along with an IL-78 flight refuelling aircraft.
Source: The News18

 The Reserve Bank of India has imposed penalties on four state-run lenders for violating Know Your Customer norms and anti-money laundering standards. Punjab National Bank, Allahabad Bank, and UCO Bank were fined Rs 50 lakh each while Corporation Bank was fined Rs 25 lakh.
Source: The Money Control

 Japanese company SoftBank has invested around $250 million in Ola Electric Mobility. With this investment, Ola Electric has become the newest unicorn of India, joining the list of companies like Flipkart, Zomato and Paytm.
Source: The Business Today

 Indian pro boxer Vaibhav Yadav has become the WBC Asia Silver Welterweight Champion. He defeated Thailand’s Fahpetch Singmanassak in the title bout held in Pattaya, Thailand. The fight was conducted by the Asian Boxing Council and approved by the World Boxing Council (WBC).
Source: The News18


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