Weekly Current Affairs 01st to 08th August 2022

RBI, Banking and Economy

• RBI allows invoicing & payments for international trade in Indian Rupee

• Monetary Policy Committee Meeting – hikes repo rate by 50 bps

• Standalone PDs allowed access to forex markets-RBI

SEBI and FINANCIAL AWARENESS

• SEBI restructures market data advisory committee

• SEBI amends the rules for mutual funds; defines 'associate'

• SEBI constitutes an expert group of FPIs to boost overseas flows

NABARD & Agriculture

• Govt to give financial assistance for solar agri pumps up to 15 HP under PM-KUSUM

• Centre hikes sugarcane FRP by Rs 15 per quintal for 2022-23 season

• India to manufacture Diammonium Phosphate (DAP) in India

NATIONAL

• Indian, Malaysian ink pact to promote palm oil

• The Central allocation of ₹66,750 crore for AMRUT 2.0 projects have been distributed

INTERNATIONAL

• Rare pink diamond, likely the largest in 300 years, discovered in Angola

• Khulna-Mongla railway line to open by December

• IOCL signs MoU with Bangladesh for emergency supply of petroleum goods

STATES

• Chhattisgarh to flag off ‘Mahtari Nyay Rath’

• Bihar’s Langat Singh College astronomy lab included in the Unesco heritage list

• Himachal to ban all ‘non-woven’ plastic carry bags

REPORTS AND INDEXES

• ETFs accounted for a third of record FPI outflows in June,2022- NSDL

• Credit growth to MSME sector expanded by Rs 52,800 crores in current fiscal: SBI Ecowrap report

• IT, BPM industry to add more 300,000 jobs by FY2023: TeamLease report

SCIENCE AND TECHNOLOGY

• IIT Madras launches ‘Nilekani Centre at AI4Bharat’ to promote Indian language technology

• China: Launch of Reusable Spacecraft

DEFENCE

• Joint Exercise “EX VINBAX 2022”

• IAF to take part in ‘Pitch Black’ in Australia

• DRDO successfully test fires indigenously developed laser-guided ATGMs

EVENTS

• World Breastfeeding Week 2022

• Ministry of Culture organised “TirangaUtsav”

• ‘NASHE SE AZADI’ - National Youth and Students Interaction Program

AWARDS AND REWARDS

• DSF institutes first of its kind Dinesh Shahra Lifetime Award for Excellence in Music

• Canadian scholar receives ICCR’s ‘Distinguished Indologist for 2021’ award

Sports

• Max Verstappen wins the Hungarian Grand Prix

• 4th ONGC Para Games 2022