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Weekly Current Affairs July 2018: 5th Week

Published on July 31, 2018

Banking and Financial Awareness:

  • 16-member committee has constituted by Insurance Regulator Insurance Regulatory and Development Authority of India (IRDAI), to examine motor third party insurance pricing aspects, headed by IRDAI Member P.J. Joseph.
  • Oxigen Announces a Strategic Partnership with Fincare Small Finance Bank to roll out the Branchless Banking services.
  • SoftBank and Paytm partner to launch cashless payments service in Japan.
  • Banks and Financial Institutions (FIs) have signed Inter-Creditor Agreement (ICA) aimed at faster resolution of stressed assets.
Weekly Current Affairs July 2018: Week 5th


  • Tata AIA Appoints Rishi Srivastava as CEO and MD.
  • Justice Tahira Safdar to be first woman chief justice of any court in Pakistan.
  • Pakistan’s cricket legend Imran Khan elected as the next Prime Minister Pakistan.


  • The world's oldest person, a 117-year-old Japanese woman, Chiyo Miyako has died.
  • Veteran Sports Journalist Swapan Sarkar Passes Away.
  • Former Kerala Minister Cherkallam Abdullah passes away.

Honour, Awards and Ranks

  • According to the US-based Institute for Energy Economics and Financial Analysis (IEEFA) report, Karnataka top in renewable energy generation.
  • India Heritage Walk Festival, has been awarded the PATA Gold Award 2018.
  • Poet Ramakanta Rath was conferred with Atibadi Jagannath Das Samman for 2018, Odisha’s highest literary award.

MOU’s, Agreement and Summits

  • To promote investment facilitation and cooperation between startups of India and France, Invest India and Business France have signed an MoU.
  • For Collaborating in Aspirational Districts, NITI Aayog Signs SoI with Lupin Foundation.
  • 6th India-UK Science & Innovation Council Meeting Held in New Delhi, discussed a range of issues on S&T cooperation between the two countries.
  • To firm up the commitments of the country leaders towards the cause of persons with disabilities, the Global Disability Summit held in London, UK.
  • 2nd Meeting of National Council On India’s Nutrition Challenges Held in New Delhi.
  • 1st Meeting of India-Bangladesh Joint Committee On Border Haats Concludes in Agartala, Tripura.
  • Union Home Minister inaugurates National Traders’ Conclave in New Delhi.
  • International conference on India-Vietnam economic ties held in New Delhi.
  • 2nd meeting of National Council on India’s Nutrition Challenges under POSHAN Abhiyaan in New Delhi.

Important Dates

  • July 26 - 19th anniversary of Kargil Vijay Diwas 
  • International Tiger Day: 29 July
  • World Hepatitis Day 2018 – July 28, theme: “Test. Treat. Hepatitis”.

Important News- India

  • National Green Tribunal formed a monitoring committee for cleaning of the Yamuna River, headed by A K Goel, Chairperson of National Green Tribunal (NGT) 
  • Health Ministry Launches National Viral Hepatitis Control Programme aimed at eliminating the deadly condition by 2030.
  • To Check Mob Lynching, Government Sets Up High Level Committee chaired by the Union Home Secretary Rajiv Gauba.
  • Government Reduced Minimum Annual Deposit from Rs 1000 to Rs 250, Under Sukanya Samriddhi Scheme for enabling more people to take advantage of the girl child savings scheme.
  • Coal India Ltd’s (CIL)’s former chairman Partha Sarathi Bhattacharyya wrote the book “When Coal Turned Gold: The Making of a Maharatna Company”.

Business, Science and Technology

  • Bharti Infratel and Indus Tower Merger Deal Gets SEBI Nod.
  • Google teams up with Accenture to help enterprises move to Cloud.
  • Google Unveils Two New AI Chips Edge TPU and Cloud IoT Edge, aimed at helping customers develop and deploy intelligent connected devices at scale.

Important News- States

  • Kerala Tourism Development Corporation (KTDC) Launches Country's 1st State-Run All-Woman Hotel named 'Hostess'.
  • Odisha Government Launches 'Green Mahanadi Mission' by planting a sapling on the bank of river Mahanadi, to stop soil erosion on river banks and recharge the groundwater reserve.
  • Regional Rail Training Institute inaugurated at Ghazipur, Uttar Pradesh.
  • West Bengal Assembly Passes Resolution to Rename State as Bangla.

Sports News

  • Indian Women's Compound Archery Team Reaches World Rank 1.
  • Lewis Hamilton Wins German Grand Prix at Hockenheimring track in Germany.
  • The Tokyo 2020 Organising Committee officially launched its Olympic mascots 'Miraitowa' and Paralympic mascot 'Someity.
  • Kathleen Baker set a world record to win the 100m backstroke at the US swimming championships.

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