Top Best Current Affairs 30 July 2020 (2)

The Serum Institute of India (SII), which has partnered with British-Swedish pharma company AstraZeneca for manufacturing the University of Oxford vaccine candidate for COVID-19, has sought permission from the Drugs Controller General of India (DCGI) for conducting "phase 2/3 human clinical trials" of the potential vaccine.

The Odisha government has renamed Bilung village in the Bamra Tehsil of Sambalpur district to 'Rangabati Bilung' in recognition of the popularity of the famous folk-song.

On the occasion of Independence Day of the Maldives on July 26, 2020, the largest Indian public sector bank, State Bank of India (SBI) provided liquidity support of USD 16.20 million as a COVID-relief for the Government of Maldives to overcome liquidity shortage. The fund will support economic relief measures by utilizing it for local businesses and defers loan repayment for over 200 retail accounts.

Indian Oil Corporation(IOC) has formed an equal(50:50) Joint Venture(JV) with France's Total S.A. to manufacture and market high-quality innovative bitumen derivatives and superior quality products like polymer-modified bitumen, crumb rubber modified bitumen among others for the growing road-building industry in India

GAIL (India) limited and Carbon Clean Solutions Limited (CCSL) signed a Memorandum of Understanding (MoU) to explore the project development opportunities in the Compressed Biogas(CBG) value chain in India.

Indian Railways is on a mission to RFID Tag all wagons by December 2022. The Indian Railways will complete this process of fitting radio-frequency identification tags (RFID) in all the wagons by December 2022. These tags will be used for tracking all wagons.

Prime Minister Narendra Modi virtually launched three high throughput COVID-19 testing facilities at Kolkata, Mumbai and Noida to increase the test capacity by 10000 tests per day in each city. The COVID-19 testing facilities are established in the national institutes of Indian Council of Medical Research (ICMR).

Mr. Naveen Tahilyani was appointed as the new Managing Director (MD) and Chief Executive officer (CEO) of the Tata American International Assurance (AIA). His appointment was under regulatory approval from Insurance Regulatory and Development Authority of India (IRDAI). Tahilyani succeeds Rishi Srivastava who has been moved to the Group Agency Distribution, AIA Group, Hong Kong, as CEO.