Current Affairs - 2019 - SPLessons

Current Affairs 24 July 2019

Home > > Tutorial
SPLessons 5 Steps, 3 Clicks
5 Steps - 3 Clicks

Current Affairs 24 July 2019

shape Introduction

Current Affairs is a type of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or ongoing at the time of broadcast. The article Current Affairs 24 July 2019 includes News summary on current events of International, National, Education, Banking, Markets, Sports, Awards, Appointments and Obituary importance of 24 July 2019.

shape International

Guatemalan President Jimmy Morales

Source: Click Here


Key Highlights
  • Guatemalan President Jimmy Morales has filed an appeal against a court ruling blocking a deal to reduce the number of asylum seekers reaching the US border.

  • He said last week's court injunction could damage ties with the US.

  • This comes after US President Donald Trump threatened to impose tariffs on Guatemalan goods.

  • The deal with the US would define Guatemala as a "safe third country", and migrants en route to the US would have to apply for asylum in Guatemala.
Russia says it has carried out its first ever joint air patrol with China,

Source: Click Here


Key Highlights
  • The Russian defence ministry says four bombers, supported by fighter jets, patrolled a pre-planned route over the Sea of Japan and the East China Sea.

  • South Korea says its jets fired flares and machine-gun warning shots when Russian planes intruded.

  • Japan has protested both to Russia and South Korea over the incident.

  • The alleged incursion happened over the disputed Dokdo/Takeshima islands, which are occupied by South Korea but also claimed by Japan.
Kenyan finance minister denies corruption charges

Source: Click Here


Key Highlights
  • Kenya's Finance Minister Henry Rotich has pleaded not guilty in court to charges of corruption, after spending the night in police custody.

  • He is accused of flouting procurement procedures in awarding a contract worth more than $450m (£405m) for the construction of two dams to an Italian firm, CMC de Ravenna.
May had promised stable leadership

Source: Click Here


Key Highlights
  • Theresa May had a mission to fight Britain’s “burning injustices” through strong and stable leadership — but her legacy as Prime Minister will be anything but.

  • The Conservative premier’s turbulent time in office was swamped and ultimately sunk by her legacy-defining battle to secure a Brexit divorce deal.

  • It eroded her authority and led her to step down as leader, with the keys to Downing Street set to be handed to Boris Johnson.

shape National

BJP keen on clearing its legislative agenda, and Amit Shah asks party MPs to gird themselves for it

Source: Click Here


Key Highlights
  • The Union government planned to extend the ongoing Parliament session by 10 days as it was keen on clearing its legislative agenda, and party MPs should gird themselves for it, BJP president Amit Shah said at a meeting of the parliamentary party on Tuesday.

  • Sources present at the meeting said Mr. Shah indicated that the extension could be as long as 10 days, pending a final decision. Under the original schedule, the session is to end on July 26.
The EB-5 visas, which have also been called “visas for millionaires”,

Source: Click Here


Key Highlights
  • US visas under an employment generation programme for wealthy foreigners that can lead to citizenship will cost more starting Wednesday with standard minimum investment going up from $1 million to $1.8 million, and from $500,000 to $900,000 in certain designated areas.

  • The EB-5 visas, which have also been called “visas for millionaires”, are popular among rich Indians and those who can afford it to scale up from H-1B visa for highly skilled professionals, according to immigration companies that have been pushing it in India in recent years.
The decision was taken after the land-owning agency got a poor response for 7,700 flats.

Source: Click Here


Key Highlights
  • The decision was taken after the land-owning agency got a poor response for 7,700 flats that were put on sale in the housing scheme of 2019.

  • The decision was taken after the land-owning agency got a poor response for 7,700 flats that were put on sale in the housing scheme of 2019.

  • For the 7,700 flats located in Narela, the DDA received just 1,500 applications. This was one of the main reasons for DDA to reduce the number of flats, from 18,000 to 10,294, in the draw of lots conducted by the land-owning agency on Tuesday.
Mumbai airport gets body scanner at T2, trial runs to begin soon

Source: Click Here


Key Highlights
  • The machine, which was put up over the weekend at the airport’s terminal two, is currently being checked for efficiency.

  • The scanner has been installed in the security hold area (SHA) of international departure area.

  • Bangalore’s Kempegowda international airport, which is the only other airport in the country to have the scanner, conducted the first trial run for the scanner for a Vistara flight to Mumbai (UK 864) on Monday.

shape Education

UP, Delhi top the chart

Source: Click Here


Key Highlights
  • The eight educational institutions from Uttar Pradesh are labelled as fake, while seven are from Delhi. Every year, UGC releases a list of fake universities ahead of the college admissions.

  • With the admission process in colleges across the nation is closing, the University Grants Commission on Tuesday, March 23 released a list of 23 fake universities that are operational across the country.

  • The fake universities which have been found functioning in Delhi include Commercial University, United Nations University, Vocational University, ADR-Centric Juridical University, Indian Institution of Science and Engineering, Viswakarma Open University for Self-employment, Adhyatmik Vishwavidyalaya and Varanaseya Sanskrit Vishwavidyalaya.
ICSI CS Foundation June exam results date and time

Source: Click Here


Key Highlights
  • Candidates can check their result by entering roll number and 17 digit registration number. They need to visit the official website – icsi.edu and icsi.examresults.net to view their marks.

  • The Institute of Company Secretaries of India (ICSI) will be releasing the CS foundation examinations result on July 24, 2019.

  • Candidates can check their result by entering roll number and 17 digit registration number. They need to visit the official website – icsi.edu and icsi.examresults.net to view their marks.

shape Banking

‘RBI’s digital-district idea fraught with challenges’

Source: Click Here


Key Highlights
  • The idea of digitally-enabled districts, to be facilitated by public sector banks, is timely but challenges are galore, said experts.

  • In its meeting with heads of public sector banks on Friday last, the Reserve Bank of India (RBI) has elicited a commitment from banks to identify one district in each State to make it 100 percent digitally-enabled within a time-frame of one year.
How the directive on long-term motor insurance is impacting ICICI Lombard

Source: Click Here


Key Highlights
  • Exiting crop business and focussing on profitable segments should offset the pressure on profitability in the motor own damage business.

  • A conscious call to reduce exposure to crop business, continued focus on profitable segments and diversified product mix has kept ICICI Lombard’s June quarter performance in good stead, despite the overhang of long-term motor insurance policies.

shape Markets

Today Stock Markets Live
  • L&T Q1: Profit grows 21.2 percent to Rs 1,473 crore versus Rs 1,215 crore, revenue increases 9.7 percent to Rs 29,636 crore versus Rs 27,004.8 crore YoY.

  • HUL Q1: Profit rises 14.2 percent to Rs 1,755 crore versus Rs 1,529 crore, revenue grows 6.6 percent to Rs 10,114 crore versus Rs 9,487 crore YoY.

  • Zee Entertainment Q1: Consolidated profit jumps 62.6 percent to Rs 530 crore versus Rs 326 crore, revenue rises 13.3 percent to Rs 2,008 crore versus Rs 1,772 crore YoY.

  • M&M Financial Q1: Profit at Rs 108.5 crore; disbursements grows 2.5 percent YoY to Rs 10,598 crore. AUM growth at 21.6 percent YoY. Gross NPA rises to 7.4 percent versus 5.9 percent QoQ.

  • Torrent Pharma Q1: Profit surges to Rs 223 crore versus Rs 122 crore, revenue increases to Rs 1,603 crore versus Rs 1,452 crore YoY.

  • Praj Industries Q1: Profit jumps to Rs 8.8 crore versus Rs 3.5 crore, revenue rises 10.4 percent to Rs 211.6 crore versus Rs 191.6 crore YoY.

  • Everest Industries Q1: Profit falls 16 percent to Rs 24.6 crore versus Rs 29.3 crore, revenue rises 3.2 percent to Rs 432.2 crore versus Rs 418.9 crore YoY.

  • Asian Hotels (North) Q1: Loss at Rs 13.99 crore versus loss Rs 19.67 crore; revenue falls to Rs 56.12 crore versus Rs 57.40 crore YoY.

  • JK Paper Q1: Consolidated profit jumps to Rs 127.11 crore versus Rs 95.19 crore, revenue falls to Rs 713.06 crore versus Rs 795.01 crore YoY.

  • Oriental Hotels Q1: Consolidated loss at Rs 7.55 crore versus Rs 3.83 crore, revenue dips to Rs 66.55 crore versus Rs 81.52 crore YoY.

  • Bharat Seats Q1: Profit falls to Rs 3.8 crore versus Rs 7.12 crore, revenue dips to Rs 170.3 crore versus Rs 238.84 crore YoY.

  • CRISIL Q1: Consolidated profit falls to Rs 66.85 crore versus Rs 77.13 crore, revenue declines to Rs 415.76 crore versus Rs 436 crore YoY.

  • Schaeffler India Q1: Profit dips to Rs 82.48 crore versus Rs 111.4 crore, revenue rises to Rs 1,116.7 crore versus Rs 1,100 crore YoY.

  • NIIT Technologies Q1: Consolidated profit falls to Rs 87.6 crore versus Rs 105.5 crore, revenue declines to Rs 962.7 crore versus Rs 972.2 crore QoQ.

  • Sundaram Clayton Q1: Consolidated profit declines to Rs 89.30 crore versus Rs 96.89 crore, revenue rises to Rs 5,307 crore versus Rs 4,968 crore YoY.

  • GE Power India Q1: Consolidated loss at Rs 8.76 crore versus profit at Rs 2.37 crore, revenue falls to Rs 428.66 crore versus Rs 443.12 crore YoY.

  • Bayer CropScience Q1: Profit falls to Rs 59.3 crore versus Rs 147.2 crore; revenue dips to Rs 663.6 crore versus Rs 831.8 crore YoY.

  • Linde India June Quarter: Profit jumps to Rs 20.16 crore versus Rs 5.25 crore, revenue falls to Rs 498.2 crore versus Rs 549.6 crore YoY.

  • Reliance Infrastructure, Reliance Capital: NSE to remove both stocks from F&O segment with effect from September 27, 2019.

  • Strides Pharma Science: Formulations facility (KRSG Gardens) in Bangalore which was inspected by the USFDA on May 2019, has received the Establishment Inspection Report (EIR), thereby confirming the successful closure of the inspections.

  • Deccan Healthcare: Board unanimously decided to expand the company's business with strategic partners through subsidiaries in different geographies, both domestic and international.

  • MCX: SEBI granted renewal of recognition to Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), a wholly-owned subsidiary of MCX, for a period of three years, to act as a clearing corporation.

  • Mishra Dhatu Nigam: Company supplied special ultra high strength steel & titanium alloys to Chandrayaan-2.

  • India Ratings and Research affirmed IDBI Bank's Long-Term Issuer Rating at IND A and Short-Term Issuer Rating at IND A1. The rating outlook has been changed from "Rating Watch Negative" to "Negative".

  • TV Today Network: National Company Law Tribunal sanctioned the composite scheme of arrangement & amalgamation between Mail Today Newspapers Private Limited, India Today Online Private Limited and TV Today Network.

  • Mites Thakkar of mitesshthakkar.com advises buying Power Grid with a stop loss of Rs 206 and target of Rs 218.

  • Stocks picks of the day: 11,400-11,450 likely to act as key resistance for Nifty

  • HDFC Life climbs 5% to hit a 52-week high after Q1 show; brokerages raise the target

  • Citi has a buy call on the stock and raised price target to Rs 1,000 from Rs 850 as annualized premium equivalent (APE) growth was at 41 percent YoY and VNB margin was healthy

  • In June 2018, 227 mutual fund schemes had Yes Bank in their portfolio; however, by June 2019, the number was reduced to 132, data from Morningstar India showed

  • Zee received one binding offer and is expecting another one in the next few days. One offer is from a financial investor & another from a strategic investor, said Credit Suisse

  • ICICI Direct expects USDINR to find supports at lower levels. Utilize downsides in the pair to initiate long positions.

  • Torrent Pharma shares jump 6% as brokerages remain bullish after Q1 show

  • According to Angel Commodities, on Tuesday, WTI Crude prices rose by 1.0 percent to close at $56.8 per barrel over a possible supply disruption.

  • The share price of Bayer CropScience touched 52-week low, falling 3.6 percent intraday Wednesday after the company posted poor numbers for the quarter ended June 2019.

  • NIIT Technologies started 2019-20 on a strong note with encouraging revenue momentum, strong deal wins, a healthy order backlog and the management’s confident commentary on robust, predictable and profitable growth in quarters ahead.

  • Fitch rates Tata Motors on a consolidated basis including 100 percent of JLR, considering its ability to access cash at JLR despite weak legal and operational ties

  • Motilal Oswal is of the view that over the long term, out-of-favor low P/E stocks deliver disproportionate returns, significantly beating the benchmark

  • ICICI Lombard Q1 earnings stable, big rally prices in most positives, buy on dips

shape Sports

Virat Kohli maintains number one spot in ICC Test Rankings

Source: Click Here


Key Highlights
  • In the ICC Test team rankings, India remains in the first place followed by New Zealand (2) and South Africa (3) with England (4) and Australia (5) rounding up the top five.

  • Kohli, who last featured in India's 2-1 Test series win over Australia, is on 922 points. New Zealand captain Kane Williamson wih 913 points is second and Cheteshwar Pujara wih 881 points third in the rankings released on Monday.

shape Awards

Indian bodybuilder Ravinder Kumar Malik bagged the “Mr. South Asia” award at 12th South Asian Bodybuilding and Physique Sports Championship 2019

Source: Click Here


Key Highlights
  • India’s proud bodybuilder Ravinder Kumar Malik has bagged the “Mr. South Asia” award. He achieved this feat at the 12th South Asia Bodybuilding and Physic Sports Championships 2019 held in Kathmandu, Nepal.

  • Afghanistan emerged as champions with 535 points, while Nepal came 2nd with 445 points. India remained 3rd with 380 points.

shape Appointmnets

Boris Johnson won the contest to be next British Prime Minister

Source: Click Here


Key Highlights
  • British politician & a Leader of the Conservative Party Boris de Pfeffel Johnson(55), who has promised to lead Britain out of the European Union (28-nation bloc) with or without a deal by the end of October 2019 won the contest to be the British prime minister(PM) succeeds Theresa May, who got stepped down over her failure to get parliament to ratify her Brexit deal.

  • After a six-week leadership race, He won the votes of 92,153 members of the Conservative party, almost twice the 46,656 won by his rival, Foreign Secretary Jeremy Hunt.

shape Obituary

Former Chinese Premier known as 'Butcher of Beijing' dies aged 90

Source: Click Here


Key Highlights
  • Former Chinese Premier Li Peng died of an illness on Monday at the age of 90, the state media reported.

  • Peng was referred to as the "Butcher of Beijing" for his role in the Tiananmen Square crackdown on pro-democracy protesters in 1989.

  • He served as China's fourth Premier from 1987 to 1998 and held several posts in the Communist Party.

Other Articles


shape Exams

Competitive Exams - College Entrance Exams
Category Notification
Diploma NITC New Delhi Goa Diploma Admissions 2019
Click Here For – All India Entrance Exam Notifications


shape Job-Alerts

Competitive Exams - Recent Job Notifications
Category
Banking SSC Railway
Defence Police Insurance
Click Here For – All India Latest Jobs

shape SP Quiz

Competitive Exams - Practice Sets
Category Quiz
Quant Aptitude Spotting Errors Quiz
Reasoning Ability Time and Work Quiz
Insurance Awareness Quiz Insurance Awareness Quiz