Current Affairs Current Affairs July 2019

  India’s first Design Development Center ‘Fashionova’ was launched in the Textile city Surat.  The centre will promote the city in the field of the fashion design sector. It will also fulfill the business needs from co-working space, technicians, expert advises to cognitive workshops and exposure to the industry.
Source: The Business Standard

  The South Central Railway has commissioned the longest electrified tunnel of India. The tunnel which is between Cherlopalli and Rapuru stations is 6.6 km long, is built at a total cost of ?460 crore. The horse shoe shaped tunnel is of 6.5 metres height with ballastless track and LED lighting provided at 10 metre intervals inside.
Source: The Hindu

  Army Chief General Bipin Rawat has released a Kargil Tribute Song to honour, salute and pay homage to the Kargil martyrs and war veterans. The song has been composed by eminent Hindi lyricist Sammer Anjaan and sung by Shatadru Kabir. The song was released as part of the celebration of the 20th anniversary of Kargil Vijay Diwas to be celebrated on 26th of July.
Source: The News On Air

  Punjab & Sind Bank has set up a centralised hub “Centralised MSME & Retail Group”. It will process retail and MSME loans for the better efficiency of branches in business acquisition. The Cen-MARG has been envisioned to ensure qualitative improvement in credit appraisal, improved turnaround time, uniform documentation, and efficient monitoring.
Source: The Business Standard

 Dutch winger Arjen Robben has announced his retirement from football at the age of 35 after a 10-year spell with German giants Bayern Munich. He has played 96 international matches for the Netherlands, scoring 37 goals, and starred in the team which reached the 2010 World Cup final.
Source: The Hindustan Times

 European Commission has elected Ursula von der Leyen as its new president. She will replace Jean Claude Juncker. She has become the first woman to be elected to lead the EU’s executive arm.
Source: The Hindu

 The US-India Strategic Partnership Forum has announced that Mastercard CEO and President Ajay Banga and Wipro Chairman Azim Premji will receive the 2019 Global Excellence Awards. This is the Second Annual Leadership Summit of USISPF. They have been honored with the awards for their significant contribution to strengthening economic ties between the US and India.
Source: The Business Standard

  Unique Identification Authority of India has opened its first ‘Aadhaar Seva Kendra’in Delhi and Vijayawada.  The Aadhaar card issuing authority has an ambitious plan to set up 114 such centres by the year end. These centres will provide the facility to apply for a new Aadhaar card or update the existing ones. These centres are similar to Passport Seva Kendras run by the Ministry of External Affairs.
Source: The Live Mint

  Airtel Payments Bank has partnered with Bharti AXA Life Insurance to offer a life term insurance plan. The bank will offer the plan through its extensive network of banking points across the country. The product, Bharti AXA Life (Point of Sale) Saral Jeevan Bima Yojana, is a pure life term insurance plan which is aimed at the under insured and uninsured segments in India.
Source: The Live Mint

  The Ministries of AYUSH and Electronics and Information Technology have signed a MoU to collaborate on the digitization of the AYUSH sector. The ministry aims to digitize the entire AYUSH, leading to transformation in the field of health care delivery at all levels, along with greater research, education, delivery of various health care programmes and better drug regulations.
Source: The News On Air


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