Top Best Current Affairs 8 July 2020 (2)

Defence Research and Development Organisation(DRDO) will establish a research cell at Indian Institute of Technology Hyderabad, 'DRDO - IIT-H Research Cell' to meet the future defence technological requirements of the country. The research cell is established as an extension of the DRDO Research and Innovation Centre, Chennai.

YES Bank launched a digital solution, 'Loan in Seconds' for instant disbursement of retail loans. It is available for the bank's pre-approved liability account holders. The algorithm evaluates the loan application in real-time and eliminates the need for documentation.

RC Bhargava, the Chairman of Maruti Suzuki authored the book "Getting Competitive: A Practitioner's Guide for India" from his experience of around 60 years as a policymaker and a leading industrialist. The book published by HarperCollins India, provides practical suggestions to make India a competitive industrialised country.

The Union Minister for Human Resource Development Ramesh Pokhriyal 'Nishank' made an announcement on the partnership of Central Board of Secondary Education and Facebook to launch a curriculum on Digital Safety and Online well-being and Augmented Reality for students and educators.

SBM Bank India has partnered with Mastercard to enable its customers to make real-time domestic & cross-border payments(Business to Consumer- B2C) and remittances quickly and efficiently through 'Mastercard Send'. This partnership allows the bank's customer base to offer quick, convenient and secure payments experiences.

In accordance with the "INFORM Report 2020:Shared evidence for managing crises and disasters" released by research centre INFORM, operating under European Commission, India has ranked at 31st place with an inform risk of 5.4, means risk of humanitarian crises and disasters. The report ranked the countries based on "INFORM Risk Index" which has been topped by Somalia with an inform risk of 8.9. The report has analyzed 191 countries.

Indian e-commerce payment system Paytm & QorQl Pvt. Ltd, a Healthcare startup company with majority shareholding of Paytm founder Vijay Shekhar Sharma, is set to acquire Mumbai (Maharashtra)-based private sector general insurer Raheja QBE General Insurance Company Limited in a deal worth around $76 million (or Rs 570 crore). Raheja QBE is a joint venture of India's Prism Johnson (51%) and QBE Australia (49% ).

The National Human Rights Commission (NHRC) has set up an 11-member expert committee headed by Dr K S Reddy, president of Public Health Foundation of India to study impact of coronavirus (Covid-19) on human rights of individuals, particularly marginalised and vulnerable sections of the society, together with migrant labourers & will also study the future response of the government.