Top Best Current Affairs 5 July 2020 (2)

HDFC Bank announced that it will offer 'ZipDrive', an online instant auto loan to its customers in 1,000 cities. The auto loan disbursal product is only for customers with pre-approved offers. It is a technology-enabled loan product where credit assessment is done by banking software.

The 77.9% Russian electorate have voted in favour of constitutional amendments that will allow 67 years old President Vladimir Putin to stay in power until 2036 i.e. until the age of 83. His current term of 6 years will end in 2024. Means now, he will be re-elected twice under the constitutional amendments. He is already the longest-serving leader in modern Russian history.

Delhi Environment Minister Gopal Rai informed that a 17 day campaign "Podhe Lagao, Paryavaran Bachao" (Plant Trees, Save Environment) will be launched from July 10 to July 26 from the National Highway(NH) 20 near ITO to reduce air pollution. During the campaign 31 lakh saplings will be planted.

CARE Ratings Limited ( formerly Credit Analysis and Research Limited) in its report, 'Revised GDP growth projections for FY21' has projected a 6.4 % contraction (or -6.4%) in India's GDP (Gross Domestic Product) growth for the current financial year FY 21 (2020-21) due to the continuous lockdown imposed for prevention of coronavirus (COVID-19) epidemic. Earlier in May 2020, the agency had predicted a 1.5 to 1.6 % decline in GDP for 2020-21.

Shri Hardeep Singh Puri, Minister of State (Independent Charge) for Ministry of Housing & Urban Affairs (MoHUA),has launched the toolkit for sixth edition of the annual cleanliness survey of urban India 'Swachh Survekshan (SS) 2021'conducted by MoHUA that mainly focuses on utilizing the capacity of wet waste processing facilities, Cleaning and reusing dirty water & Separately collect garbage and maintain it till the processing site.

Kotak Mahindra Bank (Kotak) and Innoviti Payment Solutions Pvt. Ltd. announced that they have collaborated to provide Equated Monthly Installments(EMI) billing options on Kotak Debit Cards which are swiped on Innoviti Point of Sale(POS) terminals.

French Prime Minister Edouard Phillipe resigned during the expected government reshuffle. The French President Emmanuel Macron has planned to open a new chapter for the two remaining years to focus on efforts to relaunch the French economy deeply hit by the coronavirus crisis.

The Indian Institute of Technology(IIT) Kanpur has developed a virtual classroom aid, 'Mobile Masterjee'. It is a classroom-to-home teaching setup, which enables students to record teachers' lectures/instructions while using smartphones. It is developed by the Imagineering Lab of IIT Kanpur.