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Weekly Current Affairs July 2018- Week 3

Published on July 23, 2018

Banking and Financial Awareness:

  • RBI to Issue New 100 Rupee Notes in Lavender Colour and the back side features motif of “RANI KI VAV”. The dimension of the new note is 66 mm × 142 mm.
  • Jana Small Finance Bank announced the commercial launch of its banking operations.
  • Ajay Kanwal is the MD and CEO.
  • Jammu & Kashmir's first all-women branch of Jammu and Kashmir Bank was inaugurated.
  • Piyush Goyal has approved an infusion of Rs 11,336 crore in five banks including for helping them meet the regulatory capital requirement.
  • SBI and NABARD have joined hands to provide collateral-free credit through Joint Liability Groups (JLGs) in Telangana.
  • SBI Organised Kisan Mela to Educate Farmers On Financial Literacy.


  • For the period of two years, India became Vice-Chair or regional head of Asia Pacific Region of the World Customs Organisation (WCO) 
  • Brij Bhushan Saran Singh to Be Named India's Chef De Mission At Asian Games


  • Ramchandra Singhdeo, former and first Finance Minister of Chhattisgarh, passed away.
  • Hindi poet Gopal Das Neeraj passed away.
  • Actor Rita Bhaduri passed away.
  • Kannada poet and film song lyricist M.N. Vyasa Rao passed away.

Honour, Awards and Ranks

  • Carnatic Vocalist Aruna Sairam Selected for 2018 Sangita Kalanidhi Award for her contribution to Carnatic music.
  • 8 years old Indian-origin schoolboy Ishwar Sharma, who is the under-11 UK national yoga champion has been named the 'British Indian of the Year' in the young achiever category.

MOU’s, Agreement and Summits

  • For enhancing research in the field of Ayurveda, All India Institute of Ayurveda (AIIA) and IIT Delhi have signed a MoU.
  • To enhance the bilateral cooperation between the two countries, India and Ghana signed two agreements
  • The 28th meeting of the GST Council chaired by interim finance minister Piyush Goyal was held in New Delhi.
  • The 4th BIMSTEC Summit will be held in Kathmandu, Nepal, main focus of the summit will be to increase connectivity between the BIMSTEC nations
  • 2+ 2 Dialogue Between India and US to Be Held in New Delhi.
  • The 10th edition of the Delhi Dialogue begins in New Delhi; the theme is ‘Strengthening India-ASEAN Maritime Co-operation’.
  • 8th India-Oman Joint Commission Meeting Begins in Muscat, co-chaired by The Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu.

Important Dates

  • Nelson Mandela International Day: 18 July

Important News- World

  • UN Environment Programme (UNEP) and Google have entered into a partnership, for monitoring the impacts of human activity on global ecosystems by using sophisticated online tools.

Important News- India

  • The Indian Institute of Technology (IIT)-Madras has commissioned a remotely operable Local Electrode Atom Probe (LEAP) microscope, which is world’s first remotely operable LEAP microscope.
  • The foundation stone of country’s first skill training institute was laid by Union Minister for Skill Development and Entrepreneurship Dharmendra Pradhan, in Bhubaneswar, Odisha.
  • Minister for Science and Technology Harsh Vardhan has unveiled the first of a kind Air Quality and Weather Forecast System, SAFAR at Chandni Chowk in New Delhi.

Business, Science and Technology

  • Flipkart and Hotstar Join Hands for Ad Platform.
  • The European Union regulators have slapped Google with a record approx. 5 billion euro ($5 billion) antitrust fine for abusing the dominance of its Android mobile operating system.
  • Flipkart’s PhonePe Acquires POS Platform Zopper Retail.
  • Microsoft and Walmart Team Up to Take On Amazon in both technology and retail.

Important News- States

  • Climate change is threatening the Nilgiri Tahr (State Animal of Tamil Nadu): According to a recent study of Ecological Engineering.
  • Haryana Chief Minister Manohar Lal Khattar launched the 'Paudhagiri' campaign to increase the green cover.

Sports News

  • France has won 2018 FIFA World Cup Football by defeating Croatia, held at the Luzhniki Stadium in Moscow, Russia.
  • Alisson Becker of Brazil has become the World's most expensive goalkeeper.
  • Javelin thrower Neeraj Chopra has clinched a gold medal at the Sotteville Athletics Meet in France.
  • Japan’s Nozomi Okuhara Beats PV Sindhu to Win Thailand Open 2018.
  • Spain’s Marc Marquez Wins German Grand Prix.
  • Indian Wrestler Vinesh Phogat won gold at the Spanish Grand Prix in Madrid.

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