Top GKToday’s News Headlines-2 July 2020

Here are the Top GKToday’s News Headlines-2 July 2020

INDIA

  • Six workers killed in boiler explosion at thermal power station of NLC (Neyveli Lignite Corporation) in Cuddalore district of Tamil Nadu
  • Road Transport & Highways Ministry readies cashless treatment scheme for road accident victims with an insurance coverage cap of ₹2.5 lakh per case
  • IAF designs and mounts an Airborne Locust Control System on Mi-17 helicopters for tackling locust attack
  • Home Ministry sets up national level committee for reform in criminal law; headed by Ranbir Singh (Vice-Chancellor, National Law University, Delhi)
  • COVID-19: AIIMS partners IIT-Delhi to launch app ‘COPAL-19’ for patients needing plasma therapy
  • PM Modi quits Chinese microblogging site Weibo, all his posts deleted
  • India’s Kritika Pandey wins 2020 Commonwealth Short Story Prize for ‘The Great Indian Tee and Snakes’
  • Diplomat Indra Mani Pandey appointed as India’s next Permanent Representative to the United Nations
  • “Dream Kerala project” announced for rehabilitation of Keralites returning from abroad
  • National Doctors Day celebrated on July 1; theme: ‘Lessen the mortality of COVID-19’
  • Chartered Accountants Day celebrated on July 1; marks foundation of the Institute of Chartered Accountants of India (ICAI) on July 1, 1949
  • Home Ministry extends Armed Forces (Special power Act) (AFSPA) 1958 in Nagaland for six months from June 30

ECONOMY & CORPORATE

  • Govt. keeps interest rates on small savings schemes or post office schemes unchanged for the July-September quarter
  • India’s external debt for the quarter ended March 2020 increased by $15.4 billion (2.8%) to $558.5 billion
  • India’s current account deficit narrows to 0.9% of the GDP in 2019-20, was 2.1% in 2018-19
  • Govt.’s total liabilities increased 0.8% to ₹94.62 lakh crore at March-end 2020 compared with the preceding quarter
  • Public debt accounted for 90.9% of government’s total outstanding liabilities as on March 31, 2020
  • World Bank approves $750 million loan under its MSME Emergency Response program for MSMEs in India
  • Indian Oil Corp to form equal JV with Bangladesh’s Beximco LPG to set up a terminal to import LPG in Bangladesh.
  • Shrikant Madhav Vaidya takes charge as the new Chairman of Indian Oil Corporation (IOC)

WORLD

  • UN raises $7.7 billion in humanitarian aid for Syria, Germany provides highest share of $1.78 billion

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