Today’s Headlines: July 22, 2021

July 22, 2021

Here are Today’s News Headlines by GK Today for July 22, 2021

INDIA

– DRDO flight-tests New Generation Akash Missile (Akash-NG), a surface-to-air missile, from Integrated Test Range (ITR) off the coast of Odisha

– DRDO flight tests Man-Portable Antitank Guided Missile (MPATGM)

– World Universities Summit organized by O.P. Jindal Global University

– 11th Mekong-Ganga Cooperation (MGC) meeting held; MGC comprises India, Cambodia, Myanmar, Thailand, Laos and Vietnam

PM-KISAN

– Over 42 lakh ineligible beneficiaries under PM-KISAN, ₹2,992.75 crore to be recovered: Agriculture Minister Narendra Singh

– Under the PM-KISAN scheme, launched in 2019, a financial benefit of ₹6,000 per year is provided to the eligible farmer families, payable in three equal instalments of ₹2,000

ECONOMY & CORPORATE

– IBBI (Insolvency and Bankruptcy Board of India) amends regulations for insolvency process to enhance transparency

– RBI allows IDFC to exit IDFC First Bank as five-year lock-in period ends

WORLD

– IMF to keep 2021 global growth forecast at 6%: Managing Director Kristalina Georgieva

– Taiwan will set up its first office in Europe using the name “Taiwan” in Lithuania; other diplomatic outposts on the continent are under the name of “Taipei”

– UNESCO strips English city of Liverpool of its world heritage status

– Haiti: Ariel Henry appointed new Prime Minister amid political turmoil