1 July 2022 : Latest Current Affairs 1st July
Important Current Affairs 1st July 2022
In this article, we will discuss all the Current Affairs of 1st July about national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 1st July 2022 current affairs then read this article till the end.
Current Affairs of 1st July – National News
1. To provide chip solutions, Japan’s Renesas and India’s Tata Motors collaborated.
◉ In order to design, develop, and produce semiconductor solutions for domestic and international markets, Tata Motors in India and Renesas Electronics Corp. in Japan have joined forces.
◉ Renesas will collaborate with Tejas Networks, a Tata Group firm, on wireless network technologies, including 5G, as part of the agreement.
2. Eknath Shinde will take the Maharashtra Chief Minister oath.
◉ According to Devendra Fadnavis, a renegade Shiv Sena MLA named Eknath Shinde would be sworn in as the new chief minister of Maharashtra. After nearly ten days of intensive power wrangling, the BJP and the dissident Shiv Sena section led by Eknath Shinde will form the new government in Maharashtra.
◉ The day after Uddhav Thackeray left his position as chief minister, the Maha Vikas Aghadi government’s rule in the state came to an end. The Shinde camp declared that they will form the government and that negotiations with the BJP have started.
3. In Hyderabad, the Telangana government opened the T-Hub 2.0 innovation center.
◉ K Chandrashekar Rao, the chief minister of Telangana, opened T-Hub 2.0, the biggest innovation campus, in
◉ With a total built-up area of 5, 82,689 square feet, the facility will house more than 2,000 startups, making it the largest innovation campus in the entire world. T-Hub would offer young Indians an ecosystem for collaborative innovation to build their businesses.
International News
4. The 17th President of the Philippines, Ferdinand Marcos Jr., takes the oath of office Ferdinand Marcos Jr., the son of the late dictator Ferdinand Marcos Sr., won the election on May 9 with 31.6 million votes.
◉ He took the oath in front of Supreme Court Justice Alexander Gesmundo at the National Museum of Fine Arts in Manila.
◉ On June 19, Sara Duterte Carpio, the former President’s daughter, and campaign mate took the oath of office. The two will continue to serve the country until 2028.
Banking
5. According to RBI data, credit card usage topped Rs. 1.13 billion in May.
◉ Spending on credit cards hit a record high in May of $1.14 trillion, showing that the retail industry is performing well.
◉ Data from the Reserve Bank of India show that robust e-commerce spending, high-value travel and tourism expenditure, and discretionary purchases all contributed to credit card spending rising by 118 percent annually and 8 percent monthly.
Appointment
5. Sandeep Kumar Gupta will succeed Manoj Jain as the new chairman of GAIL.
◉ The largest gas utility in India, GAIL (India) Ltd., has chosen Sandeep Kumar Gupta as its director of finance.
◉ Manoj Jain, who is set to retire on August 31, will be replaced by him.
◉ With a 14,502-kilometer gas pipeline network with a capacity of 206 million standard cubic meters per day, GAIL is India’s largest gas transportation and gas marketing firm. Its network of natural gas pipelines spans 21 states.
6. For another three months, KK Venugopal will serve as India’s attorney general.
◉ For another three months, renowned attorney KK Venugopal will serve as India’s attorney general.
◉ In July 2017, Venugopal, who is the oldest person to hold the position, was chosen to succeed Mukul Rohatgi as India’s Attorney General. The typical term for the attorney general is three years.
Awards
7. The National Highway Excellent Award 2021 was delivered by Nitin Gadkari.
◉ National Highways Excellence Awards-2021 were presented by the Minister for Road Transport and Highways Nitin Gadkari and Speaker of the Lok Sabha Om Birla. Awards were granted to the individuals and businesses involved in New Delhi’s highway development and asset maintenance.
◉ The 2018 Excellence Awards were established, and prizes were distributed in nine categories, including project management excellence, highway safety excellence, toll management excellence, operation, and maintenance excellence, innovation excellence, green highways excellence, outstanding work in challenging conditions, bridge construction excellence, and tunnel construction excellence.
8. The Odisha government got the National MSME Award 2022’s top honor.
◉ By virtue of numerous developmental initiatives undertaken for the development of MSMEs, the Micro, Small and Medium Enterprises (MSMEs) Department, Government of Odisha, has received the first prize in the category “National MSME Award 2022 to States/UTs for outstanding contribution in the promotion and development of MSME Sector.” Bihar and Haryana came in second and third.
◉ In the category “National MSME Award 2022 to Aspirational districts for exceptional contribution in the promotion and development of MSME Sector,” Kalahandi has received third place honors.
Defence
9. India and Australia have their ninth army-to-army staff talks in Dehradun
◉ The ninth Army to Army Staff Talks between the Australian and Indian armies, which were conducted in Dehradun, was focused on creating a plan for further defense cooperation and joint military drills.
◉ The discussions took place at the Indian Military Academy (IMA), where both sides talked over the plan for projects fostering defense cooperation, according to the Army.
10. Fourth Synergy Conference between Indian Army and DAD held in New Delhi
◉ The fourth Synergy Conference between the Indian Army and the Defense Accounts Department took place in New Delhi (DAD). The one-day conference, which was co-chaired by Controller General of Defence Accounts (CGDA) Shri Rajnish Kumar and Vice Chief of Army Staff (VCOAS) Lt Gen BS Raju, was attended by senior officers of the Indian Army and DAD.
◉ The major subject of the conference included discussions of the AGNIPATH plan and the timetable for the fast implementation of a system for pay and allowances for Agniveers.
11. High-speed expendable aerial target ABHYAS was successfully tested in flight in Odisha.
◉ The Abhyas high-speed expendable aerial target (HEAT), developed by the Defence Research and Development Organization (DRDO) as a target for missile system testing, underwent a successful flight test from the Integrated Test Range (ITR), off the coast of Odisha.
◉ Abhyas was developed by the Aeronautical Development Establishment (ADE), a DRDO division with a Bengaluru site.
◉ The DRDO recently put Abhyas through a number of tests in various configurations.
Science
12. Launched by ISRO, rocket PSLV-C53 carried three Singapore satellites.
◉ Three Singaporean satellites were successfully launched by the Indian Space Research Organization (ISRO) from the Satish Dhawan Space Centre’s Second Launch Pad.
◉ The three missions will be launched by the spaceship into Low Earth Orbit (LEO), which is 570 kilometers above the equator. This PSLV mission is the 15th to use the PSLV-Core Alone version and the 55th overall. This launch marks the sixteenth PSLV launch from pad two.
Sports
13. The Indian Olympic Association’s main sponsor is Adani Sportsline.
◉ The Indian Olympic Association and Adani Sportsline, the Adani Group’s sports division, have signed a long-term major sponsorship agreement (IOA).
At the upcoming Birmingham Commonwealth Games in 2022, the Hangzhou Asian Games in 2022, and the Paris Olympic Games in 2024, it will serve as the Indian team’s official partner.
◉ The group had previously been linked to the Indian team competing at the Tokyo Olympics in 2021.
Important day
14. National Doctors Day is on July 1.
◉ Every year on July 1, India observes National Doctors’ Day to commemorate the birthday and passing of Dr. Bidhan Chandra Roy, a distinguished doctor and the second chief minister of West Bengal.
◉ This day is intended to express gratitude to all the medical professionals who have selflessly helped us in our hour of need and dedicated their lives to the care of their patients.
15. International Fruit Day is on July 1.
◉ Worldwide, July 1st is observed as International Fruit Day.
◉ The inaugural International Fruit Day was declared in 2007 and was observed in Berlin’s Wall Park.
◉ Sharing fruits of delight and sympathy with loved ones, close friends, or those in need is the goal.
16. Chartered Accountants’ (CA) Day is observed annually on July 1 to honor the Institute of Chartered Accountants of India (ICAI) findings that were accepted by Parliament in 1949. This year marks the 74th year of the holiday.
◉ The ICAI is the sole organization in India that issues licenses and regulates the professions of accounting and financial auditing. Every entity involved in finance and accounting, including the National Financial Reporting Authority (NFRA), is expected to abide by their recommendations for accounting standards.
17. SBI Foundation Day is on July 1.
◉ On July 1st, the State Bank of India Foundation Day was observed. The 66th founding day has passed.
◉ The Bank of Calcutta was established in 1806 as the predecessor to the State Bank of India (SBI), the nation’s oldest commercial bank. SBI Foundation Day honors the establishment of the bank in 1955.
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