1.Piyush Goyal organised a three-day “Grand Hackathon” on the Agriculture sector in order to build an open eCommerce network.

पीयूष गोयल ने खुले ईकामर्स नेटवर्क के निर्माण के लिए कृषि क्षेत्र पर तीन दिवसीय “ग्रैंड हैकथॉन” का आयोजन किया।
11.International Cooperative Day 2022: July 2nd

अंतर्राष्ट्रीय सहकारिता दिवस 2022: 2 जुलाई
2.The RBI fined four cooperative banks, as well as Kotak Mahindra Bank and IndusInd Bank.

आरबीआई ने चार सहकारी बैंकों, साथ ही कोटक महिंद्रा बैंक और इंडसइंड बैंक पर जुर्माना लगाया।
12.On July 4, 2022, Prime Minister Narendra Modi launched Digital India Week 2022 in Gandhinagar, Gujarat.

4 जुलाई, 2022 को, प्रधान मंत्री नरेंद्र मोदी ने गुजरात के गांधीनगर में डिजिटल इंडिया वीक 2022 का शुभारंभ किया।
3.IGSS Ventures has agreed to establish a semiconductor park with the Tamil Nadu government.

IGSS Ventures ने तमिलनाडु सरकार के साथ सेमीकंडक्टर पार्क स्थापित करने पर सहमति जताई है।
13.Tanuja Nesari has received the Ayurveda Ratna Award from the UK Parliament.

तनुजा नेसरी को यूके की संसद से आयुर्वेद रत्न पुरस्कार मिला है।
4.T Raja Kumar, of Indian heritage, was elected as the FATF’s new President.

भारतीय विरासत के टी राजा कुमार को FATF का नया अध्यक्ष चुना गया है।
14.Rahul Narwekar becomes India’s youngest Legislative Speaker.

राहुल नार्वेकर भारत के सबसे कम उम्र के विधान सभा अध्यक्ष बने।
5.Union Agriculture Minister Shri Narendra Singh Tomar inaugurates the National Dairy Research Institute’s (NDRI) centennial festivities.

केंद्रीय कृषि मंत्री श्री नरेंद्र सिंह तोमर ने राष्ट्रीय डेयरी अनुसंधान संस्थान (एनडीआरआई) के शताब्दी उत्सव का उद्घाटन किया।
15.International Plastic Bag Ban Day: July 3rd

अंतर्राष्ट्रीय प्लास्टिक बैग प्रतिबंध दिवस: 3 जुलाई
6.The Department for Promotion of Industry and Internal Trade (DPIIT) has published the 2021 Startup Ranking of States.

उद्योग और आंतरिक व्यापार संवर्धन विभाग (DPIIT) ने राज्यों की 2021 स्टार्टअप रैंकिंग प्रकाशित की है।
16.World Sports Journalists Day is celebrated on July 2nd.

विश्व खेल पत्रकार दिवस 2 जुलाई को मनाया जाता है।
7.A special extra excise duty/cess of 6 per litre and 13 per litre has been levied on petrol and diesel exports, respectively.

पेट्रोल और डीजल निर्यात पर क्रमशः 6 प्रति लीटर और 13 प्रति लीटर का विशेष अतिरिक्त उत्पाद शुल्क/उपकर लगाया गया है।
17.London was ranked first in the QS Best Student Cities Ranking 2023.

क्यूएस बेस्ट स्टूडेंट सिटीज रैंकिंग 2023 में लंदन को पहला स्थान मिला।
8.In June 2022, the Services Purchasing Managers’ Index (PMI) increased to 59.2.

जून 2022 में, सर्विसेज परचेजिंग मैनेजर्स इंडेक्स (पीएमआई) बढ़कर 59.2 हो गया।
18.The government has decided to change the name of the Banks Board Bureau (BBB) to the Financial Services Institutions Bureau (FSIB).

सरकार ने बैंक बोर्ड ब्यूरो (बीबीबी) का नाम बदलकर वित्तीय सेवा संस्थान ब्यूरो (एफएसआईबी) करने का फैसला किया है।
9.The government changed the FCRA guidelines to enable receiving up to Rs 10 lakhs from relatives living overseas.

सरकार ने विदेशों में रहने वाले रिश्तेदारों से 10 लाख रुपये तक प्राप्त करने के लिए एफसीआरए दिशानिर्देशों में बदलाव किया है।
19.HCL Technologies was named a Microsoft Partner of the Year in the healthcare and life sciences category for 2022.

एचसीएल टेक्नोलॉजीज को 2022 के लिए स्वास्थ्य देखभाल और जीवन विज्ञान श्रेणी में माइक्रोसॉफ्ट पार्टनर ऑफ द ईयर नामित किया गया था।
10.E-invoices will soon be required for enterprises having an annual revenue of more than Rs 10 crore.

10 करोड़ रुपये से अधिक वार्षिक राजस्व वाले उद्यमों के लिए जल्द ही ई-चालान की आवश्यकता होगी।
20.
1.Piyush Goyal organised a three-day “Grand Hackathon” on the Agriculture sector in order to build an open eCommerce network.

पीयूष गोयल ने खुले ईकामर्स नेटवर्क के निर्माण के लिए कृषि क्षेत्र पर तीन दिवसीय “ग्रैंड हैकथॉन” का आयोजन किया।
The Open Network for Digital Commerce (ONDC) and NABARD collaborated to hold a three-day “Grand Hackathon.”

This Hackathon is divided into two parts: Agri Grant Challenge and Agri Innovation Hackathon. It was put up to aid in the adoption of eCommerce in the agriculture industry.

The Hackathon had over 700 participants. Participants will present cutting-edge agricultural solutions.

Its goal is to bring together a variety of agricultural stakeholders, start-ups, and individual groups under one roof.

The focus of this event is on meeting agricultural needs and assisting state governments in promoting their local goods at the national level.

ONDC’s goal is to create a nationwide open network for buyers and merchants.
2.The RBI fined four cooperative banks, as well as Kotak Mahindra Bank and IndusInd Bank.

आरबीआई ने चार सहकारी बैंकों, साथ ही कोटक महिंद्रा बैंक और इंडसइंड बैंक पर जुर्माना लगाया।
The Reserve Bank of India has fined Kotak Mahindra Bank Rs 1.05 crore for violating standards linked to ‘The Depositor Education and Awareness Fund Scheme, 2014’ and for failing to follow specific instructions.

The Reserve Bank of India has fined IndusInd Bank Rs 1 crore for failing to comply with certain Know Your Customer (KYC) regulations.

The RBI has also penalised four cooperative banks. The names of these cooperative banks are shown below.

The Nav Jeevan Cooperative Bank
Balangir District Central Cooperative Bank Limited, Kolkata, and
Balangir Dhakuria Cooperative Bank Limited
Palani Co-operative Urban Bank Limited, often known as Palani

IndusInd Bank, is a private sector bank that was established in 1994. Its headquarters are in Mumbai. Sumant Kathpalia is the company’s MD and CEO.

Kotak Mahindra Bank:
As of November 2021, it was India’s third largest private sector bank in terms of assets and market capitalization.

It was established in 2003. Its headquarters are in Mumbai. Uday Kotak is the company’s MD and CEO.
3.IGSS Ventures has agreed to establish a semiconductor park with the Tamil Nadu government.

IGSS Ventures ने तमिलनाडु सरकार के साथ सेमीकंडक्टर पार्क स्थापित करने पर सहमति जताई है।
The park will be built on 300 acres of land. It would be formed with a five-year investment commitment of 25,600 crore rupees.

The government estimates that the industrial park has the potential to create 1500 direct employment.

Under the Centre’s ‘India Semiconductor Mission,’ IGSS Ventures intends to develop a semiconductor production plant.

IGSS Ventures is a technology investment holding firm established in Singapore.

The India Semiconductor Mission, with a budget of Rs76,000 crore, was announced in 2021 by the Ministry of Electronics and Information Technology.
4.T Raja Kumar, of Indian heritage, was elected as the FATF’s new President.

भारतीय विरासत के टी राजा कुमार को FATF का नया अध्यक्ष चुना गया है।
He took over for Dr. Marcus Pleyer and will serve a two-year term.

Prior to this, he was the Senior Advisor (International) at Singapore’s Ministry of Home Affairs.

FATF (Financial Action Task Force):

It serves as a global watchdog in the fight against money laundering and terrorism funding.

It was founded in 1989 to develop rules to combat money laundering. Terrorist financing was also added in 2001.

Its headquarters are located in Paris, France.

India joined the FATF as an observer in 2006 and became a full member in 2010.
5.Union Agriculture Minister Shri Narendra Singh Tomar inaugurates the National Dairy Research Institute’s (NDRI) centennial festivities.

केंद्रीय कृषि मंत्री श्री नरेंद्र सिंह तोमर ने राष्ट्रीय डेयरी अनुसंधान संस्थान (एनडीआरआई) के शताब्दी उत्सव का उद्घाटन किया।
In a speech at the NDRI in Karnal (Haryana), the Minister stated that India ranked top in the world in terms of most agricultural goods.

He stated that the NDRI should adopt 100 communities in the country and establish animal husbandry in them in its centennial year.

He also unveiled the centennial logo. He dedicated the Oxygen Park.

He unveiled the Centenary Commemorative Pillar, which commemorates the Institute’s 100-year history.
6.The Department for Promotion of Industry and Internal Trade (DPIIT) has published the 2021 Startup Ranking of States.

उद्योग और आंतरिक व्यापार संवर्धन विभाग (DPIIT) ने राज्यों की 2021 स्टार्टअप रैंकिंग प्रकाशित की है।
States and UTs were ranked in five categories: best performers, top performers, leaders, aspiring leaders, and growing startup ecosystems.

Gujarat and Karnataka were named the top performers in ‘category A,’ while Meghalaya was named the best performers in ‘category B.’

Kerala, Maharashtra, Odisha, and Telangana have been retained in the ‘Top performers’ category, while Jammu and Kashmir has been retained in the ‘Top performers’ category.

Assam, Punjab, Tamil Nadu, Uttarakhand, and Uttar Pradesh are the top performing states in ‘category A’ in the ‘Leader’ category.

In ‘category B,’ Arunachal Pradesh, Andaman and Nicobar Islands, and Goa were named ‘leaders.’

The ‘Aspiring leaders’ group includes Delhi, Chhattisgarh, Madhya Pradesh, and Rajasthan.

Bihar, Andhra Pradesh, Mizoram, and Ladakh are classified as ‘Emerging startup ecosystems.’

This rating exercise included 24 states and seven Union territories (UTs). The ranking was announced by Commerce and Industry Minister Piyush Goyal.

This rating is based on the performance of the states in seven reform areas grouped into 26 action points.
7.A special extra excise duty/cess of 6 per litre and 13 per litre has been levied on petrol and diesel exports, respectively.

पेट्रोल और डीजल निर्यात पर क्रमशः 6 प्रति लीटर और 13 प्रति लीटर का विशेष अतिरिक्त उत्पाद शुल्क/उपकर लगाया गया है।
Exports of Aviation Turbine Fuel are subject to an extra excise levy of $6 per litre (ATF).

On domestically produced crude oil, a windfall gain tax in the form of a cess of $23,250 per tonne has been applied.

This tax was introduced to reduce windfall benefits flowing to oil producers as a result of high worldwide oil prices.

A windfall gain tax is a higher tax rate imposed on a company’s or industry’s unexpected large gains.

The gold Basic Custom Duty (BCD) has been raised from 7.5 percent to 12.5 percent.

The 2.5 percent Agriculture Infrastructure Development Cess will be maintained. The BCD surcharge has been eliminated.

The effective import tariff on gold is now 15%, up from 10.75% before.
8.In June 2022, the Services Purchasing Managers’ Index (PMI) increased to 59.2.

जून 2022 में, सर्विसेज परचेजिंग मैनेजर्स इंडेक्स (पीएमआई) बढ़कर 59.2 हो गया।
This is the highest reading since April 2011. S&P Global’s PMI is based on a survey and data collection.

The services sector accounts for more than 53% of total gross value added (GVA).

Services employment climbed modestly in June, following a decrease in May, according to S&P Global.

The biggest growth in charges was reported in the transportation, information, and communication sectors of the service economy.

The PMI is compiled from replies to questionnaires issued to a panel of around 400 service sector enterprises.
9.The government changed the FCRA guidelines to enable receiving up to Rs 10 lakhs from relatives living overseas.

सरकार ने विदेशों में रहने वाले रिश्तेदारों से 10 लाख रुपये तक प्राप्त करने के लिए एफसीआरए दिशानिर्देशों में बदलाव किया है।
The Union Home Ministry has revised the Foreign Contribution Regulation Act (FCRA) to give some relief, including the ability for relatives to contribute more money to India.

The new law allows relatives to send up to ten lakh rupees without notifying the government.

Individuals will now have three months instead of the prior 30 days to notify the authorities if the sum surpasses ten lakhs.

Furthermore, the modified law allows organisations additional time to notify the government about the creation of bank accounts for the purpose of funds received through “registration” or “prior approval.”

A requirement that organisations or individuals receiving foreign funding publish their contributions on their official website every three months has also been removed.
10.E-invoices will soon be required for enterprises having an annual revenue of more than Rs 10 crore.

10 करोड़ रुपये से अधिक वार्षिक राजस्व वाले उद्यमों के लिए जल्द ही ई-चालान की आवश्यकता होगी।
E-invoice is now (as of July 5, 2022) required for enterprises with a yearly revenue of more than Rs 20 crore.

The GST Council suggested a gradual implementation of electronic invoices (e-invoices) in GST during its 37th meeting on September 20, 2019.

E-invoicing began with enterprises with yearly revenues of Rs 500 crore. It was subsequently reduced to Rs 100 crore and then to Rs 20 crore.
11.International Cooperative Day 2022: July 2nd

अंतर्राष्ट्रीय सहकारिता दिवस 2022: 2 जुलाई
The International Day of Cooperatives is commemorated every year on the first Saturday in July.

This year, the day was observed on July 2nd all across the world. Coops Day is a popular name for the day.

“Cooperatives Build a Better World,” is the theme of International Day of Cooperatives 2022.

The day promotes understanding of how cooperatives collaborate for social, cultural, and economic advancement.

Since 1923, cooperatives throughout the globe have commemorated this day, which was formally declared by the United Nations General Assembly on the ICA’s centenary in 1995.

On December 16, 1992, the United Nations General Assembly passed a resolution designating July 1, 1995, as the International Day of Cooperatives.

On July 4, New Delhi commemorated the 100th International Day of Cooperatives, with Home Minister Amit Shah as the Chief Guest.

The Ministry of Cooperation and the National Cooperative Federation of India organised the event, which had the subject “Cooperatives Build an Atmanirbhar Bharat and a Better World.”
12.On July 4, 2022, Prime Minister Narendra Modi launched Digital India Week 2022 in Gandhinagar, Gujarat.

4 जुलाई, 2022 को, प्रधान मंत्री नरेंद्र मोदी ने गुजरात के गांधीनगर में डिजिटल इंडिया वीक 2022 का शुभारंभ किया।
The topic of Digital India Week 2022 is ‘Catalyzing New India’s Techade.’

On this occasion, the Prime Minister also unveiled ‘Digital India Bhashini.’ It would make internet and digital services in Indian languages more accessible.

The Prime Minister also unveiled ‘Digital India GENESIS.’ It is a National Deep-tech Startup Platform for launching successful firms in India’s Tier II and Tier III cities.

The Prime Minister dedicated ‘MyScheme’ and ‘Meri Pehchaan’ to the citizenry.

‘MyScheme’ is a platform for discovering services. It makes it easier to obtain government programmes.

Its goal is to provide a one-stop search and discovery platform where users may locate programmes for which they qualify.

‘Meri Pehchaan’ refers to the National Single Sign-On for One Citizen Login. National Single Sign-On is a service that authenticates users.
13.Tanuja Nesari has received the Ayurveda Ratna Award from the UK Parliament.

तनुजा नेसरी को यूके की संसद से आयुर्वेद रत्न पुरस्कार मिला है।
The award was given by the UK’s All-Party Parliamentary Group on Indian Traditional Sciences (ITSappg) for her remarkable service to the development of Ayurveda.

The award was handed to her during a virtual ceremony on International Yoga Day.

Tanuja Nesari is the All India Institute of Ayurveda’s Director (AIIA).

New Delhi is home to the All India Institute of Ayurveda (AIIA).
14.Rahul Narwekar becomes India’s youngest Legislative Speaker.

राहुल नार्वेकर भारत के सबसे कम उम्र के विधान सभा अध्यक्ष बने।
Rahul Narwekar has been elected as the Maharashtra Legislative Assembly’s youngest Speaker.

He is also the youngest individual in India to occupy this constitutional role. At the age of 45, he was elected Speaker.

Following Nana Patole’s resignation, the position of Maharashtra Legislative Assembly Speaker became vacant.

Rahul Narwekar won 164 votes, while Shiv Sena candidate Rajan Salvi received 107 votes.

Rahul Narwekar is a member of Mumbai’s Colaba Assembly seat.
15.International Plastic Bag Ban Day: July 3rd

अंतर्राष्ट्रीय प्लास्टिक बैग प्रतिबंध दिवस: 3 जुलाई
Every year on July 3, the International Plastic Bag Free Day is commemorated.

Rezero, a Zero Waste Europe member, was the first to notice it on July 3, 2008. (ZWE).

The primary purpose of the day is to raise awareness about the detrimental effects of plastic. Single-use plastic items are also poisoning rivers and seas.

Bangladesh was the first country to outlaw plastics in 2002. In a landfill, a plastic bag takes 1,000 years to decompose.

From July 1, India will prohibit the use of single-use plastics.

Humans manufacture over 300 million tonnes of plastic each year. Only around 10 to 13 percent of plastic objects get recycled.

Single-use plastics are non-recyclable plastic goods that cannot be reused.
16.World Sports Journalists Day is celebrated on July 2nd.

विश्व खेल पत्रकार दिवस 2 जुलाई को मनाया जाता है।
On July 2nd, the globe celebrates World Sports Journalists Day.

It is celebrated to commemorate Sports Journalists’ role to bringing sports closer to its fans.

Sports journalists work across several media channels, including print, television, and online.

The inaugural World Sports Journalist Day was observed in 1994. It also commemorates the founding of the International Sports Press Association (AIPS).

Sports journalism may be classified into several types, including play-by-play reporting, game recap analysis, investigative sports journalism, and so on.
17.London was ranked first in the QS Best Student Cities Ranking 2023.

क्यूएस बेस्ट स्टूडेंट सिटीज रैंकिंग 2023 में लंदन को पहला स्थान मिला।
In terms of affordability, student amenities, and institution excellence, London is the greatest destination for students wishing to study abroad.

Seoul and Munich are in second and third rank, respectively, with Zurich and Melbourne in fourth and fifth place.

Mumbai, India’s highest-ranked city, is placed 103rd. Bengaluru comes in at 114th place. Chennai and Delhi are 125th and 129th, respectively.

QS ranks 140 cities from across the world. For students, Dubai is the greatest metropolis in the Arab world.

Only 47,427 overseas students registered in Indian institutions in 2018-19, according to the All India Survey on Higher Education (AISHE).

By the end of 2023, India hopes to have attracted more than 2 lakh overseas students.
18.The government has decided to change the name of the Banks Board Bureau (BBB) to the Financial Services Institutions Bureau (FSIB).

सरकार ने बैंक बोर्ड ब्यूरो (बीबीबी) का नाम बदलकर वित्तीय सेवा संस्थान ब्यूरो (एफएसआईबी) करने का फैसला किया है।
The Financial Services Institution Bureau (FSIB) will replace the Banks Board Bureau (BBB) in selecting the CEOs of public sector banks and insurance businesses.

After chairman Bhanu Pratap Sharma’s tenure expired in April 2022, the BBB was essentially dysfunctional.

Last year, the Delhi High Court held that the BBB is incompetent to appoint the general managers and directors of state-run general insurers.

On June 30, the ACC approved the DFS’s request to nominate Bhanu Pratap Sharma as the head of the Financial Services Institution Bureau (FSIB).

The Cabinet Appointments Committee (ACC) also named three members to the new body (FSIB), who are as follows:

Former Oriental Bank of Commerce chairman and managing director Animesh Chauhan

Former ING Vysya Bank managing director and CEO Shailendra Bhandari

Deepak Singhal, former executive director of the Reserve Bank of India, established the Banks Board Bureau (BBB) in 2016 to nominate names for directors and non-executive chairpersons of public sector banks (PSBs) and state-owned financial institutions.
19.HCL Technologies was named a Microsoft Partner of the Year in the healthcare and life sciences category for 2022.

एचसीएल टेक्नोलॉजीज को 2022 के लिए स्वास्थ्य देखभाल और जीवन विज्ञान श्रेणी में माइक्रोसॉफ्ट पार्टनर ऑफ द ईयर नामित किया गया था।
HCL Technologies was recognised for its invention and implementation of client solutions based on Microsoft technology.

HCL Technologies has been named the worldwide winner of the Microsoft Partner of the Year Award for Healthcare and Life Sciences, as well as the country winner of the 2022 UK Microsoft Partner of the Year Award.

It was also a nominee for the Microsoft Partner of the Year Award for the Internet of Things in 2022. (domain finalist).

The Microsoft Partner Awards recognise Microsoft partners who have created remarkable Microsoft-based programmes, services, and devices.
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