Current Affairs – July 26, 2018

July 26 2018 - Current Affairs – July 26, 2018

Here’s your daily summary of Current Affairs – July 26, 2018

National - Current Affairs – July 26, 2018
Nation commemorates the 19th anniversary of Kargil victory

1cc 18 - Current Affairs – July 26, 2018
The 19th anniversary of Kargil Vijay Diwas is being celebrated on 26 July. The day marks India’s victory over Pakistan in the 1999 Kargil War and remembers those who sacrificed their lives for the country. On 26th July 1999, India successfully took command of the high outposts which had been lost to Pakistani intruders. The war was fought for more than 60 days. The three-day celebrations began on Tuesday at the Drass War Memorial in Kargil town in Jammu and Kashmir. On the first day, tributes were paid to the War Heroes by laying a wreath at the memorial.

President Kovind to launch Chhattisgarh Govt’s Sanchar Kranti Yojana

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President Ram Nath Kovind will launch Chhattisgarh government’s Sanchar Kranti Yojna at Jagdalpur in the Naxal-affected Bastar region of the state on 26 July. Under the scheme, 50 lakh smartphones will be distributed free of cost to the people. President Ram Nath Kovind will dedicate the new building of the Government Medical College at Dimrapal village near Jagdalpur, the divisional headquarter of Bastar, today. President is on a two-day visit to the Maoist affected Bastar and Dantewada district of Chhattisgarh.

Parliament passes Fugitive Economic Offenders Bill

3c 1 - Current Affairs – July 26, 2018
The Bill allows for a person to be declared as a fugitive economic offender (FEO) if:
(i) an arrest warrant has been issued against him for any specified offenses where the value involved is over Rs 100 crore, and
(ii) he has left the country and refuses to return to face prosecution.
To declare a person an FEO, an application will be filed in a Special Court (designated under the Prevention of Money-Laundering Act, 2002) containing details of the properties to be confiscated, and any information about the person’s whereabouts.

Delhi CM announces solar energy scheme aimed at raising farmers income by 3-5 times

4cc 20 - Current Affairs – July 26, 2018
Delhi Chief Minister Arvind Kejriwal recently announced the ‘Mukhyamantri Kisan Aaye Badhotri Solar Yojana’ which aims to increase the income of farmers by three to five times in the national capital. As per the scheme approved today by the Delhi Cabinet, maximum of a one-third surface area of the agriculture land can be used for installation of solar panels in such a way that agriculture activity is not affected.
Lieutenant Governor: Anil Baijal

Odisha CM launches Green Mahanadi Mission

5cc 21 - Current Affairs – July 26, 2018
A total of two crore saplings will be planted on the banks of the Mahanadi, Tel and Ib rivers under the Green Mahanadi Mission, Chief Minister Naveen Patnaik announced on Tuesday. Launching the programme by planting saplings at two locations in Subarnapur and Boudh districts, Mr. Patnaik said that the plantation drive was being carried out in as many as 1,303 villages spread over 15 districts situated on both sides of the Mahanadi.
Governor: Ganeshi Lal

Thaawarchand Gehlot Attends Global Disability Summit 2018, London, UK

6cc 21 - Current Affairs – July 26, 2018
Thaawarchand Gehlot, Union Minister for Social Justice & Empowerment attended the Global Disability Summit held in London on 24th July 2018. The motto of the Conference was to firm up the commitments of the country leaders towards the cause of persons with disabilities. The Global leaders expressed their commitments towards elimination stigma and discrimination, promoting inclusive education.

Ramachandra Guha pens “Gandhi: The years that changed the world (1914-1948)”

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Renowned historian and author of several bestselling books, including the highly acclaimed “India After Gandhi” and “Gandhi Before India”, Ramachandra Guha has penned a new book on the father of the nation, which has just gone to the press and will be out in September. Billed as the most definitive new biography of Gandhi, the upcoming book is titled “Gandhi: The years that changed the world (1914-1948)” and will be published by Penguin Random House India. “This magnificent book,” sources said, “will not only tell the story of Gandhi’s life, from his departure from South Africa to his dramatic assassination in 1948, but also the history of our freedom movement and its many strands”.

Business - Current Affairs – July 26, 2018
Bharti Infratel, Indus Tower merger deal gets SEBI nod

8cc 18 - Current Affairs – July 26, 2018
Mobile tower arm of telecom major Bharti Airtel, Infratel on 25 July said it has received clearance from stock exchanges for its merger with Indus Towers. It will now approach National Company Law Tribunal for its approval, the company said. In April this year, Bharti Airtel, Idea Cellular, and Vodafone Group had announced an agreement for the merger of Indus Towers and Bharti Infratel to create the largest mobile tower operator in the world outside China. It will have over 163,000 towers across 22 telecom service areas in India. The combined company will own 100 percent of Indus Towers — jointly owned by Bharti Infratel (42 percent holding), Vodafone (42 pc), Idea Group (11.15 pc) and Providence (4.85 pc).

MoUs - Current Affairs – July 26, 2018
Invest India and Business France sign MoU to promote investment

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Invest India and Business France have signed a MoU to promote investment facilitation and cooperation between startups of India and France. The goal will be to facilitate direct foreign investment by providing practical investment information to enterprises and support the companies pursuing those opportunities which contribute positively to the economic growth of the two countries. Invest India is the official Investment Promotion and Facilitation Agency of the Government of India, mandated to facilitate investments in the country. It is the first stop for potential global investors in the country.

Oxigen announces signs MoU with Fincare Small Finance Bank for partnership in branchless banking

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In an event graced by Brand Ambassador Grandmaster Viswanathan Anand, Fincare Small Finance Bank celebrated its first anniversary and announced its entry into Mumbai. At the same event Oxigen and Fincare Small Finance Bank signed an agreement to roll out the Branchless Banking services, using Oxigen’s flagship Point of Sale device called the Oxigen Micro ATM Super PoS.

International - Current Affairs – July 26, 2018
Prime Minister Narendra Modi to address BRICS Summit in South Africa on 26 July

11cc 11 - Current Affairs – July 26, 2018
PM Modi will attend the 10th edition of the BRICS Summit in Johannesburg, during which the grouping’s leaders are expected to deliberate on global hot-spot issues, international peace and security, global governance and trade issues among others. BRICS is a grouping of five major emerging economies: Brazil, Russia, India, China and South Africa. Originally the first four were grouped as “BRIC”, before the induction of South Africa in 2010.

Sports - Current Affairs – July 26, 2018
Pawan Shah smashes India’s highest individual score in U-19 internationals with 282

12cc 8 - Current Affairs – July 26, 2018
Young Maharashtra batsman Pawan Shah smashed 282, the second highest individual score in U-19 internationals, along with six consecutive boundaries in an over as India posted a mammoth 613 for 8 against Sri Lanka on the second day of the final ‘Youth Test’ in Hambantota on 25 July. The Indian innings was declared when Shah, an 18-year-old right-hander from Pune, was dismissed after missing out on a triple hundred by 18 runs. His 282 came off 332 balls with 33 boundaries and a six in just under seven hours.

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IRA 2.0 – HDFC Bank

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