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Current Affairs 5 July 2019

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Current Affairs 5 July 2019

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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 5 July 2019 includes News summary on current events of International, National, Education, Banking, Sports, Awards, Appointmnets and Obituary importance of 5 July 2019.

shape International

Xinjiang schools used to separate children from families

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Key Highlights
  • China is deliberately separating Muslim children from their families, faith and language in its far western region of Xinjiang, according to new research.

  • At the same time as hundreds of thousands of adults are being detained in giant camps, a rapid, large-scale campaign to build boarding schools is underway.

  • Based on publicly available documents, and backed up by dozens of interviews with family members overseas, the BBC has gathered some of the most comprehensive evidence to date about what is happening to children in the region.
Military and opposition agree transition deal

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Key Highlights
  • Sudan's military leaders have reached an agreement with the opposition alliance to share power until elections can be held, mediators say.

  • The two sides agreed to rotate control of the sovereign council - the top tier of power - for at least three years.

  • They have also pledged to form an independent technocratic government and to investigate the violence of recent weeks, the African Union (AU) said.
Southern California has been struck

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Key Highlights
  • Southern California has been struck by its strongest earthquake in two decades, causing damage and fires.

  • The epicenter of the 6.4 magnitude tremor was near the city of Ridgecrest, which is about 150 miles (240 km) north-east of Los Angeles.

  • Firefighters provided medical assistance and dealt with fires in and around the city on Friday.
Malaysia ex-PM stepson charged with laundering 1MDB money

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Key Highlights
  • Najib is now on trial for graft after his electoral defeat. His wife Rosmah Mansor has also pleaded not guilty to money laundering linked to 1MDB.

  • The stepson of Malaysian ex-Prime Minister Najib Razak has pleaded not guilty to five counts of laundering money belonging to the 1MDB state investment fund, making him the third person in the family to face charges.
Pakistan PM Imran Khan and US President Trump to hold maiden meet on July 22

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Key Highlights
  • Prime Minister Imran Khan will meet Donald Trump for the first time on July [latex]22^{nd}[/latex] and their focus will be on “refreshing” bilateral relations, which was hit after the US President publicly criticised Pakistan, cancelled military aid and asked it to do more to fight terrorism.

  • Khan will make his maiden trip to the United States on the invitation of President Trump, Foreign Office Spokesperson Muhammad Faisal announced during his weekly press conference here on Thursday.

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Voting begins for bypolls to two Rajya Sabha Seats in Gujarat

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Key Highlights
  • State Ministers Saurabh Patel, Pradeepsinh Jadeja and BJP MLA Arunsinh Rana were among the first few to cast their votes.

  • Voting for the bypolls to the two Rajya Sabha Seats in Gujarat began at the Assembly complex in Gandhinagar on Friday.
Tamil Nadu court sentences MDMK chief Vaiko to 1 year in prison in sedition case

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Key Highlights
  • MDMK chief Vaiko was on Friday sentenced to one year in jail by a special court in Tamil Nadu’s Chennai in connection with a sedition case filed against him in 2009 by the DMK government in the southern state.

  • Judge J Shanthi held the senior Tamil Nadu leader guilty of sedition under section 124 A of the Indian Penal Code (IPC) and also imposed a fine of Rs 10,000.
India won’t back down on its plan for mandatory data localisation

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Key Highlights
  • The Indian government will remain firm on its proposal for mandatory data localisation by companies based abroad despite rising concerns in the US over such a move and fears that this could escalate the trade war between New Delhi and Washington, a person familiar with the matter said on condition of anonymity.

  • Still, India will try and build some nuance into its position, other people familiar with the matter said, also on condition of anonymity.

  • For starters, it has sought to buy time by pointing out to the US that consultations with the industry and other stakeholders in India are still going on to finalise India’s position.

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New policy to be unveiled to make India educational hub: Budget 2019

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Key Highlights
  • Finance Minister Nirmala Sitharaman Friday said the government will bring a new national educational policy and Rs 400 crore has been provided for world class institutions.

  • Presenting the first Budget of the Modi government in its second term, she said a draft legislation for higher education commission will be presented.
Last date to apply for 1735 vacancies extended till July 19

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Key Highlights
  • India Postal department has extended the last date to apply for the recruitment of Gramin Dak Sevaks (GDS).

  • Earlier, the last date to apply for the GDS Recruitment was July 12 that has been extended to July 19, 2019.

  • “Last date of registrations for Delhi, Himachal Pradesh and Jharkhand circles is extended upto 12.07.2019 and apply online upto 19.07.2019,” a notice on the website reads.

shape Banking

Gold to be costlier with customs duty up from 10% to 12.5%, says Nirmala Sitharaman

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Key Highlights
  • Union finance minister Nirmala Sitharaman said on Friday gold to become costlier with customs duty to rise from 10% to 12.5% as she presented her maiden Budget 2019 speech in Parliament.

  • Earlier in the day, gold prices rose 0.04% to Rs 34,230 per 10 gram in futures trade.
YES Bank acquires 9.47% in Eveready after group co, McLeod, defaults on repayment

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Key Highlights
  • YES Bank Ltd has picked up a 9.47 per cent stake in Eveready Industries by way of invocation of shares pledged by group company, McLeod Russel India Ltd.

  • This follows McLeod Russel defaulting on repayment of credit facilities extended by the bank.

  • Both Eveready and McLeod are part of the BM Khaitan Group.

shape Sports

WI win 2nd match in WC after 34 days, Afghanistan finish winless

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Key Highlights
  • West Indies defeated Afghanistan by 23 runs at Leeds on Thursday to register their second victory in 2019 World Cup, 34 days after their first.

  • With this, West Indies ended their 2019 World Cup campaign with five points, while Afghanistan failed to win a single match in the tournament. Afghanistan have now lost 12 straight matches in World Cup history.

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USISPF honors Wipro Chairman Azim Premji & Mastercard CEO and President Ajay Banga with Global Excellence Award 2019

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Key Highlights
  • Indian multinational corporation Wipro’s Chairman, Azim Premji and Global Financial services company Mastercard’s CEO and President, Ajaypal Singh Banga have been chosen for 2019 Global Excellence Award of the US-India Strategic Partnership Forum (USISPF) for their contribution to strengthening economic ties between the US and India.

  • The United States President’s Senior Adviser, Jared Kushner will present the awards to Premji and Banga at the summit.

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Economist David Lipton appointed as IMF interim leader

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Key Highlights
  • International Monetary Fund (IMF) appointed American economist David Lipton as its interim leader. He replaces Christine Lagarde who was nominated to head the European Central Bank.

  • Prior to this, Lipton was Special Assistant to the President and served as Senior Director for International Economic Affairs at the National Economic Council and National Security Council at the White House.

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Basant Kumar Birla, Indian industry stalwart and Birla group patriarch passed away at the age of 98 in Mumbai

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Key Highlights
  • Basant Kumar Birla, Indian businessman and Birla group patriarch passed away recently in Mumbai at the age of 98. He was born in Kolkata, West Bengal.

  • He was the chairman of the Krishnarpan Charity Trust, BK Birla Institute of Engineering & Technology (BKBIET) and various educational trusts and institutes .
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