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 |
New Zealand has officially banned single-use plastic shopping bags. Under the new rules, thin plastic single-use shopping bags can no longer be supplied, but reusable carriers are allowed. Companies that break the ban will face heavy penalties, including fines of up to 100,000 New Zealand dollars. |
Source: The News on Air |
The International Security Alliance’s first Joint Exercise ISALEX19 started in Abu Dhabi. The exercise is hosted by the UAE Ministry of Interior (MoI). The exercise witnessed the participation of 50 representatives from law enforcement agencies of the International Security Alliance (ISA) countries. |
Source: The Financial Post |
The GoI has appointed MTNL CMD P.K. Purwar as the Chairman and Managing Director of Bharat Sanchar Nigam Ltd. He has been appointed for a period of three months starting July 1. He will replace Anupam Shrivastava as the CMD of BSNL. |
Source: The Live Mint |
Prime minister has constituted a high powered committee of chief ministers for transforming Indian agriculture and raising farmers’ income. Maharashtra chief minister will be the convenor of the committee. The committee has been asked to submit its report within two months. |
The other members of the committee include:
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Source: The Live Mint |
Ministry of Home Affairs have extended The Armed Forces (Special Powers) Act (AFSPA) for another six months in Nagaland. The Act is implemented with effect from June 30 and will be in force till December end. |
Source: The Deccan Herald |
National Aluminium Company Limited has been selected for President’s award for utilisation of Corporate Social Responsibility fund in social development. NALCO started a scheme “Aliali Jhia” in 2015 to promote the education of Girls of BPL families. NALCO is an Odisha based Navaratna Company. |
Source: The News on Air |
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