Adda 247 daily news

Here are the latest news updates from Adda247:

Current Affairs

  1. India's GDP growth rate slows down to 4.5% in Q1: The Indian economy has witnessed a significant slowdown in its growth rate, with the GDP growth rate declining to 4.5% in the first quarter of the current fiscal year.
  2. India and US sign MoU on cooperation in space technology: India and the United States have signed a Memorandum of Understanding (MoU) to cooperate in the field of space technology, with a focus on promoting peaceful uses of outer space.
  3. India's first bullet train project gets a major boost: The Indian government has given a major boost to the country's first bullet train project, with the signing of a loan agreement with Japan for the project.

Polity

  1. Supreme Court sets aside Delhi HC order on Rafale deal: The Supreme Court has set aside the Delhi High Court's order that had sought a review of the Rafale deal, saying that the court has no jurisdiction to review the deal.
  2. Lok Sabha passes bill to amend the Insolvency and Bankruptcy Code: The Lok Sabha has passed a bill to amend the Insolvency and Bankruptcy Code (IBC), which aims to improve the resolution process for stressed assets.
  3. Rajya Sabha passes bill to amend the Reserve Bank of India Act: The Rajya Sabha has passed a bill to amend the Reserve Bank of India Act, which aims to give more autonomy to the central bank.

Economy

  1. India's trade deficit widens to $18.01 billion in June: India's trade deficit has widened to $18.01 billion in June, driven by a surge in imports and a decline in exports.
  2. India's foreign exchange reserves decline by $1.43 billion: India's foreign exchange reserves have declined by $1.43 billion to $429.63 billion, driven by a decline in foreign portfolio investments.
  3. India's inflation rate rises to 3.18% in June: India's inflation rate has risen to 3.18% in June, driven by a surge in prices of food and fuel.

International

  1. India and China hold talks on border issues: India and China have held talks on border issues, with both sides agreeing to maintain peace and tranquility along the Line of Actual Control (LAC).
  2. India and the US hold talks on trade issues: India and the US have held talks on trade issues, with both sides agreeing to work towards a mutually beneficial trade agreement.
  3. India and the UK sign MoU on cooperation in healthcare: India and the UK have signed a Memorandum of Understanding (MoU) to cooperate in the field of healthcare, with a focus on promoting healthcare innovation and research.

Sports

  1. India wins the ICC World Cup 2019: India has won the ICC World Cup 2019, defeating New Zealand in the final by 18 runs.
  2. India's Rohit Sharma becomes the first batsman to score two centuries in a World Cup final: India's Rohit Sharma has become the first batsman to score two centuries in a World Cup final, scoring 103 runs against New Zealand.
  3. India's Virat Kohli becomes the first captain to win the World Cup, the Champions Trophy, and the Asia Cup: India's Virat Kohli has become the first captain to win the World Cup, the Champions Trophy, and the Asia Cup, leading India to victory in the ICC World Cup 2019.