Current Affairs- Today’s Headlines: July 1, 2022

– Maharashtra: Shiv Sena leader Eknath Shinde sworn in as new CM, BJP’s Devendra Fadnavis as Deputy CM

– Uddhav Thackeray resigned as CM after SC refused to stay the floor test in the Assembly

– ISRO successfully launches PSLV-C53 with three Singapore satellites onboard

– India successfully tests high-speed expendable aerial target Abhyas off Odisha coast

– KK Venugopal to continue as Attorney General for 3 more months

– UK offers 75 fully-funded scholarships for Indian students one-year master’s programme on the occasion of India’s 75th anniversary of independence

– Punjab Assembly passes resolution against Centre’s Agnipath defence recruitment scheme

– Finance Minister Nirmala Sitharaman releases Business Reform Action 2020; seven states — Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Telangana and Tamil Nadu – named Top Achievers

– PM launches ‘Raising and Accelerating MSME Performance’ (RAMP) scheme at Udyami Bharat Programme in New Delhi

– Gross non-performing asset (GNPA) ratio of banks declined to six-year low of 5.9% in March 2022: RBI

– Govt.’s total liabilities rose 3.74% to Rs 133.22 lakh crore in the March quarter: Finance Ministry

– Output of eight core infrastructure sectors (coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity) expands by 18.1% in May

– Mercer’s 2022 cost of living city ranking: Mumbai is the most expensive city in India for foreign employees; Hong Kong in the world

– Govt to create ecosystem for skill development training in capital goods sector through collaboration between heavy industries ministry and the ministry of skill development and entrepreneurship

– ASCI releases advertisement complaints report; educational, healthcare products advertisements found most objectionable

– PM virtually inaugurates Bosch India’s first smart campus in Bengaluru

– L’oreal profiteered ₹186 crore by not passing GST rate reduction benefits to consumers: National Anti-Profiteering Authority

– Hydrogen demand in India expected to increase fourfold by 2050: Niti Aayog report

– Niti Aayog releases report titled “Harnessing Green Hydrogen: Opportunities for Deep Decarbonisation in India”, says green hydrogen will achieve cost parity with natural gas-based hydrogen by 2030

– Israel: Parliament (Knesset) dissolved; election on Nov 1

– International Asteroid Day observed on June 30

– International Day of Parliamentarism observed on June 30

– Ukraine: 16 killed in Russian missile strike on a shopping mall in Kremenchuk city

– NASA launches CAPSTONE (Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment) satellite weighing just 25 kg to test elliptical lunar orbit

– Gujarat to host National Games in Sept-Oct in 6 cities including Ahmedabad