Current Affairs Current Affairs July 2019

  Delhi Police has signed a pact with Solar Energy Corporation of India. Under this, the  SECI will support the implementation of grid-connected rooftop solar photovoltaic systems on the establishments of Delhi police. The Delhi police will set up rooftop solar energy systems in over 200 of its buildingsacross the city.
Source: The Business Standard

  Dubai Duty Free has announced that Indian Rupee will now be an accepted currencyat all the retail outlets of the Dubai airport.  The move makes the Indian rupee the 16th international currency to be accepted at Dubai’s airports. Stores at the Dubai Airport will accept notes of various denominations, including 100s, 200s, 500s and 2000s.
Source: The News On Air

 Karnataka Bank Ltd has launched the web tool ‘Vasool So-Ft’ (Vasool So-Fast) for digitalising the Non Performing Asset recovery process of the bank. The digital tool for the recovery of stressed assets will provide an end to end digital solution. It will enable easy and faster processing, real time information and immediate decision making in the recovery area.
Source: The Hindu Business Line

  India’s biggest ride-hailing platform Ola Cabs, has received approval from London’stransport regulator to start private hire vehicles (PHV) in the capital city of the UK. Ola will be the first ever platform to offer both PHVs and black cabs in the UK.
Source: The Live Mint

  Maharashtra achieves first rank in NITI Aayog launched “Agricultural Marketing and Farmer Friendly Reforms Index (AMFFRI)”. The index ranks states based on the degree of reforms they have undertaken in agricultural marketing. AMFFRI has a score that can have minimum value “0” implying no reforms and maximum value “100” implying complete reforms in the selected areas.
Source: The Economic Times

 Hima Das, the under-20 World champion has won the gold medal in women’s 200m in the Poznan Athletics Grand Prix. Poznan Athletics Grand Prix is taking place in Poznan, Poland.
Source: The Hindu

  The IMF has approved a USD 6 billion loan over a period of 3 years for cash strappedPakistan. The USD 6 billion financial aid includes an immediate disbursement of USD 1 billion to help Pakistan address its balance of payment crisis. The approved loan aims to support Pakistan’s economic plan, which aims to return sustainable growth to the country’s economy and improve the standards of living.
Source: The India Today

 The Reserve Bank of India has set up a working group to review the regulatory and supervisory framework for core investment companies (CIC). The group will be headed by Tapan Ray, non-executive chairman, Central Bank of India. The panel will examine the current regulatory framework for CICs in terms of adequacy, efficacy and effectiveness.
Source: The Hindu

  ICICI Bank has tied up with NBFC IndoStar Capital for vehicle financing for small and medium fleet owners to buy new as well as old commercial vehicles. Under this partnership, IndoStar will originate and service the customers through the entire loan life cycle including sourcing, documentation, collection and loan servicing.
Source: The Business Today

  Aparna Kumar becomes first IPS officer to complete Seven Summit challenge by scaling Mt Denali. Mt Denali is the tallest mountain in North America.
Source: The New Indian Express


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