Current Affairs 1st July 2016

National News:

• Maharashtra, Tata Power to ink pact for 1,000 MW for Mumbai
• Puducherry govt to build toilets in 55,000 homes
• J&K govt launches e-file tracking system
• 8 new IITs’ cost estimate overshoots by Rs.7,910 cr
• Cabinet approves MoU between India and Tanzania
• Tamil Nadu’s fiscal deficit highest in India

International News:

• India up 19 Rank in Logistic Performance
• Union Cabinet approves MoU between India and Tanzania
• BRICS Youth Summit to be held in Guwahati from July 1-3
• Duterte, ‘the punisher’, sworn in as Philippines’ president

New Appointments:

• V Sasi Elected Kerala Deputy Speaker
• Senior bureaucrat Nand Kishore was today appointed as Deputy Comptroller and Auditor General (CAG)
• Suzuki Motors appoints Toshihiro Suzuki as CEO

Banking:

• SBI to Raise Over Rs 10000 Crore
• GIC Re profit rises 6 per cent in 2015-16
• Axis Bank opens innovation lab for start-ups in Bengaluru

Business and Economy:

• Amul signs up as official sponsor of Indian team to the Olympics
• Standard Chartered Rolls out ‘Touch ID’, a Fingerprint Verification System
• Energy Efficiency Services Limited (EESL) entered into a strategic partnership with The Energy & Resources Institute (TERI) for two years

Awards and Honours:

• Actor Abhishek Bachchan holds the Guinness world record for most public appearances made by a film star in 12 hours for promoting the same film
• Amazon named world’s smartest company of 2016

Science and Technology:

• India Test-Fires Surface-to-Air Missile
• Porsche created world’s 1st hybrid car
• NASA successfully tests Mars-bound booster
• Badminton-playing robot developed

Sports:

• Sangakkara Picks Dravid in All-Time XI

Obituary:

• Senior artist K.G. Subramanyan passes away