The investment & wealth management subsidiary of Paytm, Paytm Money has appointed Varun Sridhar as the new Chief Executive Officer (CEO) of the company. He will replace former MD and CEO Pravin Jadhav who resigned from the startup due to differences with the management of Paytm.
International Day of Friendship is observed globally on 30th July. This day is celebrated to mark the importance of friends and friendship in life. The day also advocates the role that friendship plays in promoting peace in several cultures across the world.
Power Finance Corporation (PFC) has signed an agreement with the Indian Institute of Technology- Kanpur for Training, Research, and Entrepreneurship Development in Smart Grid Technology. The agreement was on a virtual platform. The objective of the pact is to provide support to IIT-Kanpur in developing infrastructure for research and development on smart grid technology.
Ministry of Human Resource Development has been renamed as Ministry of Education. The Union Cabinet has approved the change in the name of the ministry. The HRD Ministry is currently headed by Ramesh Pokhriyal Nishank.
Asian Development Bank (ADB) has approved USD 3 million (about Rs 22 crore) grant to India from its Asia Pacific Disaster Response Fund to further support the government”s emergency response to COVID-19 pandemic.
United Nations observes 30 July every year as World Day Against Trafficking in Persons. In 2013, the General Assembly designated July 30 as the World Day against Trafficking in Persons to raise awareness of the situation of victims of human trafficking and for the promotion and protection of their rights.
Unnat Bharat Abhiyan-Indian Institute of Technology, Delhi (UBA-IITD) and Vijnana Bharti (VIBHA), New Delhi has signed a tripartite MoU with CSIR. The signed MoU will offer access to CSIR rural technologies for UBA. It will also lay the foundation for cooperation as well as joint action in the area of Unnat Bharat Abhiyan (UBA) for rural development of India.
Ministry of Home Affairs has released the Unlock-3 guidelines which will be valid upto 31st August 2020. The new guidelines seeks to re-open more activities in areas outside the Containment zones and to extend the lockdown in containment zones upto 31st August 2020.
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the National Education Policy 2020. The recently approved National Education Policy 2020 will replace the thirty-four year old National Policy on Education (NPE), 1986. National Education Policy 2020 is the first education policy of the 21st century and aims to bring transformational reforms in both school and higher education sectors.
Indian climate activist, Archana Soreng has been named by UN Secretary-General Antonio Guterres to his new advisory group comprising young leaders who will provide perspectives and solutions to tackle the worsening climate crisis, as the global body mobilizes action as part of the COVID-19 recovery efforts.
A fleet of five French-manufactured Rafale multi-role combat jets arrived in India. Rafale Jets landed at the Ambala Air Force base after covering a distance of 7,000 km from the Merignac airbase in French port city of Bordeaux. Two Sukhoi 30 MKIs escorted the fleet of Rafale jets after they entered the Indian air space.
India’s High Commissioner to Bangladesh, Riva Ganguly Das is appointed by the Government as the Secretary East, in the Ministry of External Affairs. He will succeed Vijay Thakur Singh after her retirement on 30th September this year.
Legendary Jazz Singer, Annie Ross passed away. She was born Annabelle McCauley Allan Short in Surrey, England, on July 25, 1930. She was a popular jazz singer in the 1950s before crossing over into a successful film career.
The Reserve Bank of India has released the 21st Issue of the Financial Stability Report (FSR). The FSR reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the financial system. The Report also discusses the issues relating to the development and regulation of the financial sector.
Digital payments major, Amazon Pay has launched vehicle insurance in partnership with Bengaluru-based startup Acko General Insurance. Amazon Pay, which is the payments unit of Amazon India, will help customers purchase insurance effortlessly and Amazon Prime members will get extra benefits including additional discounts.
Russia has conducted a successful flight test of an MGTD-20 gas turbine 3D-printed aircraft engine. The flight tests were held at Kazanbash aviation centre in Tatarstan. Its production is scheduled for 2021-2022.
National Broadcasting Day is observed on 23rd July all over India. On this day in 1927, the first-ever radio broadcast in the country went on the air from the Bombay Station under the Indian Broadcasting Company.
The present non-executive chairman of Bajaj Finance, Rahul Bajaj has decided to step down on July 31, 2020. He will be replaced by his son Sanjiv Bajaj (the present Vice Chairman of the company). Rahul Bajaj will continue to serve as a non-executive non-independent director of the company.
China has successfully launched “Tianwen-1” its first independent mission to Mars. A Long March 5 rocket carrying the spacecraft ignited at the Wenchang Space Launch Site in south China’s tropical Hainan province.
Chhattisgarh Chief Minister, Bhupesh Baghel has launched “Godhan Nyay Yojna”. The scheme will help to promote cattle rearing, ensure the safety of livestock, help cattle ranchers earn extra income, help in tackling the problem of open grazing by stray cattle and encourage the use of organic fertilizers as well as boost rural economy among other things.
