Top GKToday’s News Headlines-18 June 2020

INDIA

• Suvidha sanitary napkins made available at a minimum price of Rs. 1/- per pad at PMBJP (Pradhan Mantri Bhartiya Janaushadhi Pariyojana) Kendras

ECONOMY & CORPORATE

• COVID-19 pandemic loan moratorium: no merit in ‘charging interest on interest’ for deferred payments, says SC
• RBI to modify regulations governing HFCs (housing finance companies) after taking over as their regulator from NHB (National Housing Bank)
• Beijing-based AIIB (Asian Infrastructure Investment Bank) clears $ 750 mn loan to India for coronavirus response; second one after an earlier loan of $500 million
• At 34.06 EJ (Exajoules) India’s energy consumption in 2019 was third largest behind China (141.70 EJ) and US (94.65 EJ): BP Statistical Review
• China’s Great Wall Motor Company signs MoU with Maharashtra govt. to invest $1 billion in the state

WORLD

• World Day to Combat Desertification and Drought observed on June 17; theme: ‘Food. Feed. Fibre. – the links between consumption and land’

SPORTS

• Sports Ministry to establish Khelo India State Centres of Excellence under the Khelo India Scheme in each State and UT: Kiren Rijiju