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

Here are Today’s News Headlines by GK Today for July 1, 2022

INDIA

– 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

ECONOMY & CORPORATE

– 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

WORLD

– 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

SPORTS

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

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