Daily Current Affairs (Eng)

Today Top Current Affairs 03 July 2020

Today Top Current Affairs 03 July 2020

Latest Current Affairs with all basic data, Be the first to know all the Today top Current Affairs 03 July 2020 top news, Major Issues, Current News, Important occasions in National Current News just as International level with clear clarification. For every single serious test and Interviews, furnish yourself with the Latest Current Affairs news 03 July 2020 conceded here. Read Today Top Current Affairs 03 July 2020.


1. Sabuja Odisha Initiative

  • The Odisha govt has decided to roll out a new initiative ‘Sabuja Odisha’. this decision was taken under the meetin chaired by Chief Secretary Asit Tripathy. the Sabuja Odisha will increase green cover over 1,30,264 Hectares of land through extensive plantations. Almost 1.30 lakh hectares of land, has been planted for seedlings in different 2,660 locations. Read Full News

About Odisha –
Statehood – 1 April 1936
Capital – Bhubaneswar
Governor – Ganeshi Lal
Chief minister – Naveen Patnaik

2. IRDAI Sets Up 9 Members Panel

  • In order to study suitability of Surety Bond issuance, Insurance Regulatory and Development Authority of India (IRDAI) has formed a a nine member working Group (WG) and G. Srinivasan who is a director National Insurance Academy will be head to look at the possibility of the Indian insurance industry or other sectors to offer Surety Bonds in the country. The panel will have to submit its report within the period of three months. Read Full News

About Insurance Regulatory and Development Authority of India (IRDAI) –
Website: irdai.gov.in
Founded: 1999
Headquarters: Hyderabad
Chairperson: Subhash Chandra Khuntia

3. Accelerate Vigyan Scheme by SERB

  • The Union Government’s Science and Engineering Research Board (SERB) has started off a scheme named as Accelerate Vigyan (AV). it aims to encourage high-end scientific research and prepare scientific manpower which will lead to research careers and knowledge based economy. Highlights : Read Full News

ABout SERB –
Secretary – Prof Sandeep Verma
Headquarters – New Delhi
Founded – 2009

Appointment / Resigns

4. Indra Mani Pandey as new envoy to UN bodies

  • The centre has chosen Indra Mani Pandey as new Indian envoy to United Nations bodies and other international organisations in Geneva. Indra Mani will represent the country in more than 25 important organisation of the UN in Geneva. in 2020, India is appointed as the chair of the executive committed of the WHO.

5. Shashank Manohar left ICC Chairman post

  • International Cricket Council(ICC) chairman Shashank Manohar has lefted post before completing tenure. Shashank is an first independent chairman. His tenure was ended on 1st July 2020.
  • Deputy Chairman Imran Khwaja will assume the post as interim chairman. Read Full News

About BCCI –
President: Sourav Ganguly
Secretary: Jay Shah
Headquarters: Mumbai

About ICC –
Chairperson: Shashank Manohar
CEO: Manu Sawhney
Headquarters: Dubai, UAE
Founded: 15 June 1909


6. Carlyle Group Acquires 25 per cent Stake in Nxtra Data

The multinational private equity company of America Carlyle Group has planned to acquire almost 25 per cent stakes in Nxtra Data Ltd for $235 million (about ₹1,780 crore). Nxtra Data Ltd is related to the 2nd largest telecom company of India Bharti Airtel. now, Airtel Bharti will have remaining 75 per cent stake. Read Full News

About Bharti Airtel –
MD and CEO : Gopal Vittal
Founder: Sunil Bharti Mittal
Founded: 7 July 1995
Headquarters: New Delhi

About Carlyle Group –
Headquarters: Washington
Founded: 1987


7. Insta Loans against Mutual Funds

  • The private bank ICICI Bank has started off a facility namly ‘Insta Loans against Mutual Funds’ in the collaboration of Computer Age Management Services(CAMS). this facility is cosidered as extension of the Insta Loan Against Shares(LAS).
  • Under this facility, the facility will be able to take loans upto One crore rupees instantly by pledging their holdings in both debt and equity Mutual Funds(MFs). Read Full News

About ICICI –
CEO ( Chief Executive Officer): Sandeep Bakhshi
Headquarters: Mumbai
Founder: Industrial Credit and Investment Corporation of India
Founded: June 1994
Managing Director(MD) : Sandeep Bakhshi

Important Days

8. World Sports Journalists Day 2020

  • Every year, The day of 2nd July is observed as World Sports Journalists Day. it aims to acknowledge the working of sports journalists and promote them to do better at their work. in 1994, The day was founded and marked the 70th anniversary of the International Sports Press Association (AIPS).

About AIPS –
Headquarters– Lausanne, Switzerland
President– Gianni Merlo

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