Daily Current Affairs Capsule – 10th July 2020

“Current Affairs is very an important aspect and information for an individual to acquire in the ongoing scenario, its very important for competitive exams like IAS, Bank Exams, UPSC, etc. It not only helps the student to score well in competitions but also boost their knowledge about day to day happenings in the world for their good, cause the youth is the future of tomorrow and to frame the future well, we need to focus on the present, that’s what current affairs are all about”.


1-CBDT inks an MoU with SEBI for the data exchange.

The CBDT and SEBI signed a Memorandum of Understanding(MoU) for the exchange of data between the two organisations via video conference.

2-Naveen Patnaik, Odissa CM set in motion India’s first space technology and artificial intelligence-based system ‘BLUIS’ to monitor govt.lands.

Bhubaneswar Land Use Intelligence System(BLUIS), launched by the CM of Odisha Naveen Patnaik, to monitor changes in all govt. land in the capital city Bhubaneshwar by leveraging high-resolution satellite imagery.

3-Cabinet approves 12 thousand 450 Cr. Rs funding in 3 public sector general insurance companies

The Union Cabinet has also approved capital infusion in 3 public sector general insurance companies.

Defense Minister Rajnath Singh inaugurates 6 new bridges in Jammu Division of Union Territory of J&K.

Defence minister Rajnath Singh inaugurates 6 new bridges built by the border roads organisation(BRO)in Jammu and Kashmir through video conference.

PM Modi bestows a 750 MW solar projects at MP’s Rewa to Nation.

PM Narendra Modi dedicates to the nation a 750 MW solar projects set up at Rewa in Madhya Pradesh.

Banking and Economy

1-India’s GDP to shrink by 3% in FY21: BofA

The US Brokerage firm BofA Securities has projected in FY21 because of the coronavirus pandemic, assuming the economy is opened up fully from August 2020.


1-Australia ranked top and India ranked 8th for cancer preparedness among 10 Asia-Pacific Countries: EIU Reports

According to the Economist Intelligence Unit(EIU) report on cancer preparedness in Asia-Pacific: Progress towards universal cancer control, India ranked 8th with an overall score of 51.6 for cancer preparedness amongst 10 Asia-Pacific countries.

2-the 15th meeting of India-EU summit to be held in virtual mode on 15th July.

This summit will be co-chaired by Narendra Modi, President of European Council Charles Michel and president of European Commission Ursula von der Leyen.

Economy and Business

1-Global economy to shrink by 5.2 pc in2020:D&B’s Country risk and global outlook report

By the Dun and Bradstreet’s(D&B) Country Risk and Global Outlook Report, which has covered 132 countries, the global economy is likely to contract by 5.2% in 2020.


1-India’s Joshan Chinappa Breaks back into World’s top-10 Squash Rankings After Raneem EL Welily Retires.

India’s squash star Joshna Chinappa has broken back into the top-10 of the PSA world rankings following the shock retirement of Egyptian world number one Raneem El Welily.


1-Goa’s former health minister, Dr Suresh Amonkar loses the battle against COVID-19.

Former Health Minister of Goa died due to COVID-19 infection.

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