Daily Current Affairs - 17th Jul 2020

At 18.6% of national pie, TN tops Q1 fresh investments ranking

  • Despite the Covid-19 pandemic, Tamil Nadu’s efforts to attract fresh investments are yielding results. The State has topped the charts when it comes to drawing fresh investments in the first quarter of the this fiscal, followed by Maharashtra and Uttar Pradesh, according to a report by Projects Today. According to the report, Tamil Nadu signed 17 MoUs worth Rs.15,128 crore.

Bangladesh:Floods claimed 8 lives, over 2.2 million people affected

  • The flood in Bangladesh has caused the death of 8 people so far. The flood has affected more than 2.2 million people in 18 districts of Bangladesh and the government has opened 1544 flood shelters in 12 worst hit districts where more than 20,000 people and 56,000 animals have taken shelter. Medical teams, police and volunteers are working among the flood affected people.
  • In the meanwhile, the flood situation improved slightly across the Brahmaputra and Meghna river basins.

Camp for Olympic core group

  • The National Rifle Association of India (NRAI) has announced a training camp for the Olympic core group at the Dr. Karni Singh Shooting Range, Tughlakabad, from August 1. After monitoring the progress when the shooting range was opened for training of the top shooters on July 8, the NRAI had decided that it was time to resume training for all the 34 shooters in the core group.

CBIC says 1,377 exporters fraudulently claimed IGST refund of Rs.1,875 crore

  • Central Board of Indirect Taxes & Customs (CBIC) has said that more than 1,300 exporters, including Star exporters, have fraudulently claimed Integrated Goods & Services Tax (IGST) refunds amounting to over Rs.1,800 crore.

Central Bank of India to raise up to Rs.5,000 cr equity capital

  • State-owned Central Bank of India will raise up to Rs.5,000 crore of equity capital through various modes, including follow on public offer and rights issue, to maintain its capital adequacy ratio. As per Basel III regulations, the bank is required to maintain minimum common equity tier-1 (CET 1) ratio of 5.50 per cent plus capital conservation buffer (CCB) of 2.50 per cent in the form of equity capital, tier-1 ratio of 9.50 per cent and overall CRAR of 11.50 per cent.

ECLGS: Loans sanctioned touch Rs.1.23 lakh crore

  • The finance ministry said banks have sanctioned loans of about Rs 1.23 lakh crore under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for MSME sector, reeling under the economic slowdown caused by COVID-19 pandemic. However, disbursements against this stood at Rs 68,311 crore till July 15 under the 100 per cent ECLGS for micro, small and medium enterprises (MSMEs).
  • Under the ECLGS, the loan amounts sanctioned by PSBs increased to Rs 69,135.19 crore, of which Rs 41,819 crore has been disbursed. At the same time, private sector banks have sanctioned Rs 54,209.97 crore and disbursed Rs 26,492 crore.

Govt curtails tenure of Prez''s Private Secretary Vikram Singh, appoints him JS in Shipping Ministry

  • The Centre has curtailed the tenure of Vikram Singh, Private Secretary (PS) to President Ram Nath Kovind, and appointed him as the Joint Secretary in the Ministry of Shipping. P Praveen Siddharth, a 2001-batch officer of Indian Revenue Service (Income Tax), has been appointed as the new PS to the President in place of Singh on co-terminus basis.

Humpy makes it to last four

  • Koneru Humpy reached the semifinals of the fourth Grand Prix leg of the FIDE Chess.com women’s speed chess championship, beating Russia’s Valentina Gunina 6-5. The World No. 2 showed plenty of character after going 0-2 down against a player who has been in top form.

India says, South China Sea is part of global commons and India has abiding interest in peace & stability in region

  • External Affairs Ministry said South China Sea is a part of global commons and India has an abiding interest in peace and stability in the region. Replying to a media query, External Affairs Ministry spokesperson Anurag Srivastava said India's position on this issue has been clear and consistent.
  • He said, India firmly stands for the freedom of navigation and overflight and unimpeded lawful commerce in these international waterways, in accordance with international law, notably UNCLOS.

India registers a steep decline in maternal mortality ratio

  • The Maternal Mortality Ratio (MMR) in India has declined to 113 in 2016-18 from 122 in 2015-17 and 130 in 2014-201. The findings were based on the Special bulletin on Maternal Mortality in India 2016-18, released by the Office of the Registrar General’s Sample Registration System (SRS).
  • Maternal Mortality Ratio(MMR) is defined as the number of maternal deaths per 1,00,000 live births.

No postal ballot facility for voters above 65: EC

  • The Election Commission announced that it would not allow postal ballot facility for voters above 65 years of age citing challenges and constraints to implement this rule in the upcoming Bihar polls and other elections in near future. However, the postal ballot rules will be applicable for voters over the age of 80, disabled or those suffering from novel coronavirus and are either in home or institutional quarantine.

PM Modi To Address India Ideas Summit On July 22

  • Prime Minister Narendra Modi will be addressing the India Ideas Summit on July 22, organised by the US-India Business Council (USIBC), on the United States and India as key partners and leaders in a post-COVID world. The India Ideas Summit, is scheduled to be held on July 21-22, has assembled a high-powered line-up of US-India corridor leaders from across the business, government and society. This year's focus is on 'Building a Better Future'.

SBI Card gets new MD & CEO in Ashwini Kumar Tewari

  • SBI Cards and Payment Services has announced that the company's board has accepted the resignation of its managing director and chief executive officer (CEO) Hardayal Prasad. The State Bank of India has nominated Ashwini Kumar Tewari as the new MD and CEO, who will take charge from August 1.
  • Ashwini Kumar Tewari has been appointed as the new managing director and CEO of the company with effect from 1 August for a period of 2 years, subject to all the requisite approvals including approval of the shareholders at the ensuing Annual General Meeting (AGM).

Shahidul Alam wins CPJ’s Int’l Press Freedom Award

  • Prominent Bangladeshi photojournalist Shahidul Alam has been awarded the 2020 International Press Freedom Award alongside three others from Iran, Nigeria and Russia. The awardees were announced by the Committee to Protect Journalists. All four have been arrested or faced criminal prosecution in reprisal for their reporting, said a report on the committee's website.
  • The other awardees are: Mohammad Mosaed (Iran), a freelance economic reporter; Dapo Olorunyomi (Nigeria), co-founder, CEO and publisher of the Nigerian newspaper Premium Times, and Svetlana Prokopyeva (Russia), a regional correspondent for Radio Free Europe/Radio Liberty. CPJ will also honour lawyer Amal Clooney with the Gwen Ifill Press Freedom Award.

Suriname elects Indian-origin Chan Santokhi as President

  • Indian-origin, Chandrikapersad Chan Santokhi has been elected the president of South American country Suriname. The move comes after Mr Santokhi's Progressive Reform Party won the largest share of votes in legislative elections in May. Mr Santokhi, a former police chief, will replace outgoing president Dési Bouterse, who was found guilty of murder in 2019.
  • Suriname is a former Dutch colony where people of Indian descent make up the largest ethnic group comprising 27.4 per cent of the population of 587,000.

Tunisia Prime Minister abruptly resigns

  • Tunisia's Prime Minister Elyes Fakhfakh handed his resignation to the country's president, amid a brewing political crisis. Fakhfakh was appointed prime minister by President Kais Saied in January following general elections last year that ended with no clear winner and a fractured parliament. Fakhfakh's resignation came as a campaign to oust him in a vote of no confidence gathered momentum.

UN designates Pakistan Taliban leader Noor Mehsud as global terrorist

  • The United Nations has designated Tehrik-e-Taliban Pakistan (TTP) terror group's leader Noor Wali Mehsud, as a global terrorist for participating in the financing, planning and perpetrating acts on behalf of and in support of entities associated with Al-Qaeda. Mehsud was named the leader of Tehrik-e-Taliban Pakistan in June 2018, following the death of former TTP leader Maulana Fazlullah.

WHO, UNICEF warn against decline in number of children receiving life saving vaccines around world due to pandemic

  • The World Health Organization and UNICEF have warned of an alarming decline in the number of children receiving life-saving vaccines around the world. This is due to disruptions in the delivery and uptake of immunization services caused by the COVID-19 pandemic. According to new data by WHO and UNICEF, these disruptions threaten to reverse hard-won progress to reach more children and adolescents with a wider range of vaccines, which has already been hampered by a decade of stalling coverage.
  • The latest data on vaccine coverage estimates from WHO and UNICEF for 2019 shows that improvements such as the expansion of the Human PapillomaVirus vaccine to 106 countries and greater protection for children against more diseases are in danger of lapsing.