? The “Continuous Galvanized Rebar” Production Facility has been inaugurated by the Union Steel & Petroleum and Natural Gas, Dharmendra Pradhan at Mandi Gobindgarh in Punjab.
? India’s foreign exchange reserves, which currently stand at more than USD 500 billion, are the fifth largest in the world after China, Japan, Switzerland and Russia, as per the International Monetary Fund.
? Indian Institute of Technology Gandhinagar (IITGN) has developed an Artificial Intelligence (AI)-based deep learning tool for detection of Covid-19 from Chest X-ray images.
? The Indian Council of Medical Research (ICMR) is planning to launch the indigenous COVID-19 vaccine for public use by August 15, 2020 after successful completion of all clinical trials. ICMR has partnered with Bharat Biotech International Limited to develop a path-breaking COVID-19 vaccine -”Covaxin”.
? HDFC Bank has launched the ‘e-Kisaan Dhan’ app for farmers all over India.
? The Government of India has approved the Special liquidity scheme of Rs 30,000 crore for Non-Banking Financial Company (NBFCs)/ Housing Finance Companies (HFCs).
? IIT Kanpur has developed a classroom-to-home teaching setup “Mobile Masterjee” which can record the lectures or instructions by the teachers while using their available smart phones.
? The Goa state government has decided to curtail the upcoming monsoon session of the Goa Legislative Assembly to one day instead of two weeks as scheduled earlier in the wake of coronavirus pandemic.
? The Kerala government has decided to roll out a “Dream Kerala Project” to tap the potential and experience of those returning from abroad and other states after losing their jobs due to the COVID-19 pandemic.
? The Union Defence Ministry on July 2, 2020 approvement the procurement of 33 frontline fighter jets, missile systems and other military hardware worth Rd 38,900 crore to boost the combat capability of the Indian Armed Forces. Under the new defence deals, 21 MiG-29 fighter jets will be procured from Russia, while 12 Su-30 MKI aircraft will be bought from State-run HAL.
? The Uttarakhand Government has issued SOPS for its state residents who are planning to undertake the Char Dham Yatra, which is a pilgrimage to Badrinath, Kedarnath, Gangotri and Yamunotri shrines. The state had permitted its residents to go on the holy pilgrimage from July 1, 2020 with certain restrictions.
? Pakistan Army has appointed Major General Nigar Johar as 1st female lieutenant general. She is the 1st female officer to be promoted as Lieutenant General.
? The Odisha state government has launched ‘Balram’ scheme to provide agricultural credit worth Rs 1,040 crore to landless farmers who are facing hardships due to the coronavirus outbreak.
? French Prime Minister Edouard Philippe has resigned from his post ahead of a government reshuffle.
? Sri Lankan President Gotabaya Rajapaksa has prohibited the use of his photographs by candidates while campaigning for the upcoming parliamentary elections scheduled for August 5, 2020.
? The Government of India has declared the entire Nagaland as “disturbed area” for a further period of six months i.e. till end December.
? Reliance Industries Limited (RIL) and Jio Platform announced on July 3 that Intel Capital, which is an investment arm of global tech and semiconductor major intel corporation, has invested Rs. 1,894 crore in Jio Platforms to buy 0.39% equity stake.
? India and Bangladesh has signed an agreement for the formation of a 50:50 Joint Venture Company (JVC) for LPG business in Bangladesh.