Top Best Current Affairs 10 July 2020 (2)

Bharat Dynamics Limited (BDL) signed Licence Agreement and Transfer of Technology (LAToT) for Akash Missile Weapon System of Indian Army Variant with Defence Research and Development Organisation - Defence Research and Development Laboratory (DRDO - DRDL). The agreement was signed by Dr. Dasharath Ram, Director of DRDL and P Radha Krishna, Production Director of BDL.

BofA Securities, a foreign brokerage, stated that India's GDP will contract by 3% in FY21 because of the COVID-19 pandemic, assuming the economy is opened up fully from next month. The Indian GDP will contract this fiscal, with some estimates ranging up to 7% negative growth.

Karur Vysya Bank, a Scheduled Commercial Bank in India has joined hands with Bajaj Allianz Life Insurance for bancassurance (selling of life assurance and other insurance products and services by bank).

A 3 member team has discovered a new species of a fan-throated lizard, Sitana dharwarensis, from the barren lands of northern Karnataka's Bagalkot district. The study on the discovery was published in Bonn zoological Bulletin.

Germany became the first industrialized country to phase out of both coal and nuclear energy, On 3rd July 2020, both the houses of the German parliament approved the bill for shutting down the coal fired power plant by 2038 and to provide around 45 billion USD (40 billion Euro) for the affected regions.

According to the World Health Organisation's (WHO) South East Asian Region (SEAR) office, Maldives and Sri Lanka were verified to eliminate both measles and rubella, making them the first two countries in the WHO South-East Asia region to achieve beyond their 2023 target. This was announced after the 5th meeting of the South-East Asia Regional Verification Commission for Measles and Rubella Elimination, which comprises of 11 independent international experts in the fields of epidemiology, virology and public health, held virtually.

20 year old Finland driver Valtteri Bottas of Mercedes won the Formula One (F1) season-opening Austrian Grand Prix (GP) , surpassing his Mercedes team mate and defending Formula One champion Lewis Hamilton.

The 4th edition of international meeting named "Ministerial on Climate Action (MoCA)" was held on July 7, 2020, which was co-chaired by European Union (EU), China and Canada. From India, Union Minister of Environment, Forest and Climate Change, Prakash Javadekar participated in meet. MoCA, which is held annually since 2017, was held virtually for the first time in view of the ongoing COVID-19 pandemic.