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NATIONAL
-GoI has waived off basic customs duty (BCD) on products imported for nuclear plants.“All goods for use in generation of nuclear power” and “all forms of uranium ores and concentrates for generation of nuclear power” will now have to pay no basic customs duty.
–Highlights of the state budget presented by Madhya Pradesh government:
ECONOMY AND BUSINESS
–Internal committee of the RBI has suggested that the foreign exchange market could function from 9 am to 9 pm. At present, the currency market works from 9 am to 5 pm. The panel suggested call money market timings could be extended till 6 pm instead of the 5 pm now.
AGREEMENTS
–Defence Ministry has signed an MOU with the Intellectual Property Facilitation Cell and National Research Development Corporation in connection to the mission Raksha Gyan Shakti.
APPOINTMENTS
–LinkedIn has appointed Ashutosh Gupta as the new country manager for India operations. Gupta will replace Mahesh Narayanan, who was the country manager for India for period from January-June 2019.
IMPORTANTS
–The United Nations observes 11 July every year as World Population Day. This year’s World Population Day calls for global attention to the unfinished business of the 1994 International Conference on Population and Development.
SUMMITS AND CONFERENCES
–India will host the 14th conference of the parties from September 02 to 13 in Greater Noida. 197 countries are expected to participate in the conference.
MISCELLANEOUS
–Indian girl, Isha Kanth is one of the two persons in the world to have bagged an internship programme at the International Court of Justice.
SPORTS
–Fergus Kavanagh has been roped in to conduct a 7 day camp with Indian defenders at the Sports Authority of India Centre in Bengaluru.
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