National News

NIRMAN

• Union Minister G Kishan Reddy launched a portal “Noble Initiative for Rewarding Mains Aspirants of National Civil Services Examination (NIRMAN)” in New Delhi, in alignment with the vision “Mission Karmayogi”.

Mission Karmayogi

Global India AI Summit 2024

• Union Electronics and IT Minister Ashwini Vaishnaw inaugurated the Global India AI Summit 2024 in New Delhi.

 DMF Gallery

• Minister of Mines, G. Kishan Reddy inaugurated District Mineral Foundation (DMF) Gallery at Shastri Bhawan in New Delhi.

 Mukhyamantri Majhi Ladki Bahin Yojana

• Maharashtra Chief Minister Eknath Shinde has announced that the age limit for Mukhyamantri Majhi Ladki Bahin Yojana has been extended to 65 years.

About Maharashtra

NIRMAN Bill 2024 by UP

• The Uttar Pradesh government passed the draft of the Uttar Pradesh Nodal Investment Region for Manufacturing (Construction) Area Bill (NIRMAN)-2024 in a bid to boost the state's economy to one trillion dollars.

About Uttar Pradesh

International News 

1st Consular Dialogue between India and Belarus

• India and Belarus conducted their first-ever Consular Dialogue in Minsk, marking a significant step in bilateral relations.

About Belarus

New Odisha State Tourism and ODOP

• The Indian Embassy in Bahrain has inaugurated new Odisha State Tourism and One District One Product (ODOP) walls in its Consular hall to promote Indian cultural diversity and regional products.

About Bahrain

Science and Tech

Aditya-L1 Spacecraft

• India’s first solar mission, the Aditya-L1 spacecraft, has completed its first halo orbit around the Sun-Earth L1 point.

About Aditya-L1

Russian orbital station

• Russia has approved the schedule for the creation of a Russian orbital station by 2033.
• The scientific and energy modules will be launched first in 2027, and three other core modules, namely the universal nodal, gateway, and base modules, will be launched by 2030.

Space Agency and their Country

Zinc

• Researchers in France have discovered that zinc plays a crucial role in the health of legume crops.

Examples of Legume Crops

Economy and Banking

India’s coal production for June 2024

• India’s coal production for June 2024 has reached 84.63 million tonnes with a growth rate of nearly 15 percent compared to the corresponding period in the previous year.

About Coal

SEBI

• Securities and Exchange Board of India (SEBI) has issued a notice to Hindenburg Research LLC, Nathan Anderson, and the entities of Mauritius-based foreign portfolio investor Mark Kingdon for trading violations in the script of Adani Enterprises Ltd.

About SEBI

$170 million loan by ADB

• The Government of India and the Asian Development Bank (ADB) signed a $170 million policy-based loan to consolidate and strengthen India’s health system preparedness and response capacity to future pandemics.

About ADB

Rupee-Kyat trade Settlement Mechanism

• The first transaction of over Rs 1 crore pulses export from India to Myanmar under the Rupee-Kyat trade settlement mechanism was successfully completed. The transaction aims to boost bilateral trade and promote the use of local currencies.

 Sambhav Home Loans

• Bajaj Housing Finance has launched Sambhav Home Loans, targeting first time home buyers with affordable income criteria.

 New Banknotes in Japan

• Japan started circulating its first new banknotes in 20 years, featuring 3-D portraits of the founders of financial and female education institutions in an attempt to frustrate counterfeiters.

About Japan

Defence

Exercise MAITREE

• The 13th edition of India-Thailand joint military Exercise MAITREE has commenced at Fort Vachira Prakan in Tak Province of Thailand.

WSS

• Chief of the Air Staff (CAS) Air Chief Marshal VR Chaudhari inaugurated the Weapon Systems School (WSS) at Air Force Station Begumpet, Hyderabad.

Chiefs of Defence Forces

Tamil Nadu Defence Industrial Corridor

• The Ministry of Defence (MoD) has signed an MoU under the Defence Testing Infrastructure Scheme (DTIS), to establish three state-of-the-art testing facilities in Chennai under the Tamil Nadu Defence Industrial Corridor - one each in Unmanned Aerial System (UAS), Electronic Warfare (EW) and Electro Optics (EO) domains.

Exercise Nomadic Elephant

• The 16th edition of Joint Military Exercise 'Nomadic Elephant' between India and Mongolia started in Umroi, Meghalaya from July 3-16.

Person in News

Dick Schoof

• Dick Schoof sworn in as new Prime Minister of the Netherlands.

 Important Days

International Plastic Bag Free Day

• The International Plastic Bag Free Day is observed around the world on July 3 every year, to discourage the use of plastic bags for 'use-and-throw' purposes be it for food packaging or buying groceries.