 SBI managing director B Sriram has resigned from the country’s largest lender after his appointment as chief executive of IDBI Bank. The development assumes significance amid reports that insurance behemoth LIC is mulling acquiring a majority stake in the debt-ridden state-owned bank. The government last week appointed Sriram as managing director and CEO of IDBI Bank for a temporary period of three months. Sriram took charge of IDBI Bank on June 22 following M K Jain demitting office to take over as Deputy Governor of RBI. |
| Source- The Hindu Business Line |
 With an aim to integrate information technology for better roll out of its major social sector schemes, Ministry of Woman and Child Development organized a day-long Seminar on Technology Partnerships for Steering POSHAN Abhiyaan called 'TECH-THON'. Poshan is an overarching Scheme for Holistic Nourishment launched by PM Modi. Convergence and innovative use of technology are the two hallmarks of POSHAN Abhiyaan. ICDS- Common Application Software has been specially designed to strengthen the Service Delivery System as well as the mechanism for Real-Time Monitoring for nutritional outcomes. |
| Source- DD News |
 Union Home Minister Rajnath Singh has approved the institution of "Home Minister's Special Operation Medal" for the police personnel of States and Union Territories, Central Police Organisations (CPOs), Central Armed Police Forces (CAPFs) and Security Organisations involved in Special Operations. |
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Mr Singh has also instituted three more Medals,
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| The HM’s Special Operation Medal and Asadharan Aashuchan Padak will be awarded on August 15 and the Antarik Suraksha Medal and Utkrisht and Ati-Utkrisht Seva Medal will be announced on January 26 every year. |
| Source- The Times of India |
 RBL Bank has raised its stake in Swadhaar Finserve Pvt. Ltd to 100% from 60.48%. The bank has bought the stake it did not own from US-based non-profit Accion. Swadhaar FinServe started operations as a non-banking finance company in 2008. It subsequently converted into an NBFC-MFI. It became a business correspondent for RBL Bank in 2014 and transferred its microcredit portfolio to the bank. In November 2017, RBL Bank increased its stake in Swadhaar to 60.48%. |
| Source- The Livemint |
 India has pledged USD 5 million in assistance to the UN agency working for the welfare of Palestinian refugees to help bolster its "severe funding crisis" following US' cut in its annual aid to United Nations Relief and Works Agency for Palestine Refugees (UNRWA). A total of 20 countries, including India, announced contributions to the 2018 budget of the UNRWA for Palestine Refugees in the Near East during a meeting. While India pledged USD 5 million, Sweden will contribute USD 250 million over four years, the UK USD 51 million and the UAE USD 50 million among other donors. |
| Source- NDTV News |
 On the second day of his visit to Israel, Gujarat Chief Minister Vijay Rupani met Israel's Agriculture and Rural Development Minister Uri Ariel and announced a joint working group (JWG) between Gujarat and Israel in the fields of agriculture, horticulture and allied sectors. The objective of the meeting was strengthening the Indo-Israeli agricultural cooperation and extension of theIndo-Israel Agriculture Plan (IIAP) and also to explore the opportunities of using the hi-tech protective cultivation and precision farming methods of Israel. |
| Source- ANI News |
 The navies of India and Indonesia participated in Passage Exercise (PASSEX). Indian Naval ships INS Shakti and INS Kamorta under the command of Rear Admiral Dinesh K Tripathi, Flag Officer Commanding Eastern Fleet, undertook Passage Exercise with Indonesian Naval Ship KRI Madidihang (855) on leaving the Port of Makassar, Indonesia. During Prime Minister Narendra Modi's visit to Indonesia, the two countries agreed to enhance their maritime cooperation. |
| Source- DD News |
 Forward Rani Rampal was named as the captain of India’s 18-member squad for the women’s hockey World Cup to be played in London in July 2018. Hockey India announced the 18-member Indian women’s team for the prestigious tournament. India have been placed in Pool B alongside hosts and world no. 2 England, world no. 7 USA and world no. 16 Ireland. Goalkeeper Savita has been named vice-captain. The tournament will also witness the return of goalkeeper Rajani Etimarpu after having rested for the Spain Tour. |
| Source- Hindustan Times |
 India sprinter Dutee Chand set a new national record in the women’s 100-metre race when she clocked 11.29 seconds at the 58th National Inter-State Senior Athletics Championships being held in Guwahati, Assam. The previous record of 11.30 seconds was also held by Dutee, which she achieved at the Indian Grand Prix in 2017. Dutee has qualified for the Asian Games in 100m and 200m by breaching the qualifying timings at the Inter-State Championships. |
| Source- The Scroll |
 The US State Department categorised North Korea as one of the “worst human trafficking nations” for the 16th straight year, citing the use of forced labour. According to the annual ‘2018 Trafficking in Persons Report’, North Korea has been included in the Tier 3 category, which is the lowest ranking, along with China, Russia and Iran. |
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Reasons for categorisation of North Korea as the worst human trafficking country:
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| The '2018 Trafficking in Persons Report' placed India in Tier 2 category for making significant effort to comply with the US standards. However, India does not fully meet the minimum standards for the elimination of trafficking. |
| Source- The Financial Express |
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