Current Affairs Current Affairs July 2019

 The Reserve Bank of India has relaxed norms for end-use of money raised through external commercial borrowings for corporates as well as liquidity starved non banking lenders. The liberalisation will be applicable to ECBs taken for working capital, general corporate purpose loans or repayment of rupee loans.
Source: The News On Air

  Prithvi Shaw has been suspended by Board of Control for Cricket in India for 8 months for a doping violation. Shaw was charged with the commission of an Anti-Doping Rule Violation (ADRV) under the BCCI Anti-Doping Rules.
Source: The Indian Express

  The International Cricket Council has named Michael Gough of England and Joel Wilson of the West Indies in the Emirates ICC Elite Panel of Umpires for 2019-20 season. They will replace retired umpire Ian Gould and Ravi Sundaram who were part of the previous panel.
Source: The Hindu

  Former India player and Andhra Ranji captain, Y. Venugopal Rao has announced his retirement from all forms of cricket. He was the 2nd player to play for India from Andhra. He played for India in 16 ODIs and was also a member of the India under-19 World Cup-winning team in 2000.
Source: The Hindu

  The International Cricket Council has launched the inaugural World Test Championship thus setting the stage for a long tournament in red-ball cricket to determine the World Test Champion. It can also be inferred as the ‘World Cup’ of red-ball cricket. 
Some important facts about the tournament:
  • The top 9 Test teams will compete in the 2-year long tournament.
  • Each team will play three home and three away series.
  • The top 2 teams at the end will compete in the ICC World Test Championship Finalin the UK in June 2021.
Source: The Business Standard

  Indian Railways ‘Northeast Frontier Railway zone’ has started a unique initiative to earmark a special portion of the SLR coach with pink colour. This is done to specially help the women passengers with better safety and security. 8 trains in Rangiya division of the Northeast Frontier Railway have begun operations with some pink coaches. 
Source: The Livemint

  Dr Harsh Vardhan, Union Minister of Health and Family Welfare at the 110th Annual Day celebrations of National Centre for Disease Control (NCDC), at this occasion Union Health Minister inaugurated the laboratory complex (Lab 3) at NCDC and the new building of National Vector Borne Disease Control Programme (NVBDCP).
Source: The Press Information Bureau

 Atal Innovation Mission (AIM), is an initiative of NITI Aayog is all set to launch a new program for community innovation in New Delhi. The Director of AIM Mission is R Ramanan. The main purpose of this new initiative is to make innovation ecosystem socially inclusive as well as to ensure equitable distribution of infrastructure for innovation across the country to encourage the spirit of innovation.
This new program has been specifically designed for underserved, unserved regions of Tier 1 or Metro cities, Tier 2 and Tier 3 cities, Smart Cities, Aspirational districts, North-East, Jammu and Kashmir as well as the rural and tribal regions of India.This program will be jointly inaugurated by Union Minister of Human Resource and Development Ramesh Pokhriyal ‘Nishank’  and Minister of Petroleum, Natural Gas and Steel Shri Dharmendra Pradhan.
Source: The Press Information Bureau

  The U.S. Embassy in Nepal has organized a South Asia Air Quality Tech Camp in Kathmandu. The aim of camp is to address political, social, and scientific facets of the problem and improve the ability of civil society, media, and other influencers to engage governments, empower the public and take action to improve air quality in South Asia.
Source: The DD News

  Rajiv Kumar, Secretary Financial Services in the Ministry of Finance, was designated as Finance Secretary. Rajiv Kumar will replace Subhash Chandra Garg was shunted out of the Ministry and posted as Secretary, Ministry of Power.
Source: The Hindu

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