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[Tabby title=National]


‘Happiness Curriculum’ for Delhi government schools launched by Delhi CM and Dalai Lama

On July 3, 2018, Delhi Chief Minister Arvind Kejriwal launched the “Happiness Curriculum” for students of nursery to Class 8 in government schools . The curriculum was launched in the presence of the Dalai Lama.
It aims to target modern day problems like terrorism, corruption and pollution and solve them through human-centric education.
Key Points:
i. The new subject was designed and prepared by a team of 40 Delhi government teachers, educators and volunteers over a period of six months.
ii. According to the curriculum, Students across schools can expect a ‘happiness’ period of 45 minutes. Each class will begin with a five-minute meditation .
iii. It would also include value education and mental exercises.
iv. It would be beneficial for 10 lakh students with the help of around 50,000 teachers.
♦ Unesco Heritage site: Red Fort, Humayun’s Tomb, Qutub Minar.


Country’s first Khadi mall to come up in Jharkhand

On July 2, 2018,  Jharkhand Chief Minister Raghubar Das announced that Jharkhand will have the first ‘Khadi Mall’ of the country.

This was announced while addressing the ‘Karigar Panchayat’ organized by the Khadi Board at the Tana Bhagat Indoor Stadium .

The mall will be built in the land of the Heavy Engineering Corporation (HEC) campus.
It will be developed by Khadi Board.

The artisans would be provided technological aid for value addition in their products, while rural, urban and tourism ‘haats’ will provide them markets for their goods.

About Khadi and Village Industries Commission (KVIC):
The Khadi and Village Industries Commission (KVIC) is a statutory body formed by the Government of India, under the Act of Parliament, ‘Khadi and Village Industries Commission Act of 1956’. It is an apex organisation under the Ministry of Micro, Small and Medium Enterprises, with regard to khadi and village industries within India, which seeks to – “plan, promote, facilitate, organise and assist in the establishment and development of khadi and village industries in the rural areas in coordination with other agencies


Bhitarkanika NP Becomes Largest Habitat Of Endangered Estuarine Crocodiles

The Bhitarkanika national park in Odisha has become the largest habitat of the endangered estuarine crocodiles in India with a record number of their nesting sites spotted in it.

Estuarine crocodiles are also found in West Bengals Sundarban areas having the countrys largest mangrove cover.

[Tabby title=International]


China approves $1 billion aid to Pak after its selection in FATF’s grey list

On July 3,2018, China approved USD 1 billion grant to Pakistan after it has been placed in  Financial Action Task Force FATF’s  ‘grey list’ .
i. The idea behind putting Pakistan in the grey list is to tighten their economy and curb terror financing
ii. Earlier Saudi Arabia and China had pulled out from any cooperation but this time around China is providing financial aid to the nation.
iii. The move comes after Pakistan’s foreign exchange reserves dropped to $9.66 billion last week from $16.4 billion in May 2017.
iv. With this loan, China’s lending to Pakistan in this financial year ending in June is set to cross $5 billion.
About FATF:
♦ The Financial Action Task Force, also known by its French name, Groupe d’action financière, is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering
Headquarters: Paris, France.
President: Roger Wilkins.


Asia’s 1st Patent Arbitration Centre To Open In Tokyo

Asia’s first arbitration centre specialised in intellectual property is slated to open in Tokyo  to resolve the growing number of disputes in the region.

The International Arbitration Centre in Tokyo (IACT) is set to have around a dozen arbitrators from around the world, who would try to resolve disputes within a period of one year.

[Tabby title=Finance]

Economy and Finance

Tata Steel And Thyssenkrup Joint Venture Approved

The Tata Steel board gave the green flag to the joint venture with German steel giant Thyssenkrup.

This deal will see both steel majors combine their European businesses to form a 50:50 joint venture.

The resultant entity, which will be called Thyssenkrup Tata Steel BV , will be the second-largest steelmaker in European steel sector after Lakshmi Mittal’s ArcelorMittal.


Headquarters: Essen, Germany

[Tabby title=Awards]


Artist Anjolie Ela Menon Conferred Kalidas Award

The noted artist Anjolie Ela Menon has received the National Kalidas Samman in Delhi for visual arts from the Madhya Pradesh government.

The award was conferred in recognition of her insightful and sensitive portrayal of the identity and spirit of women through her meaningful paintings in a variety of media.

She  is the recipient of numerous national and international awards including the Padma Shri She recently received a doctorate from Rabindra Bharati University.

Artist A. Ramachandran was also conferred with the Kalidas Award.


Rahul Dravid inducted into ICC Hall of Fame

On 1st July 2018, former Indian cricket captain Rahul Dravid and Australian Ricky Ponting have been inducted into the ICC Cricket Hall of Fame for their achievements in international cricket, at an event in Dublin, Ireland.

Rahul Dravid inducted into ICC Hall of Fame:
i. Retired England woman wicket keeper-batter Claire Taylor has also been inducted into the ‘Hall of Fame’.
ii. Rahul Dravid has become the 5th player from India to be inducted into the ‘Hall of Fame’.
iii. Ricky Ponting is the 25th player from Australia to be inducted into the ‘Hall of Fame’.
iv. Former Indian skippers Bishan Singh Bedi, Sunil Gavaskar and Kapil Dev were inducted into the ICC Hall of Fame in 2009. Anil Kumble was inducted in 2015.
About International Cricket Council (ICC):
CEO – David Richardson
Chairman – Shashank Manohar
Headquarters – Dubai, United Arab Emirates


Red Bull’s Max Verstappen Won Austrian Grand Prix 2018

Ferrari’s Kimi Raikkonen finished in the second spot.

Ferrari’s Sebastian Vettel finished third. Mercedes’ Lewis Hamilton limped out of the Austrian Grand Prix with just three laps left.


Thought of the Day

“Non Cooperation with the evil is as much duty as cooperation with good”

Current Affairs Quiz based on the Current Affairs of 3rd July

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