1 July

International News Affairs

  • Russian President Vladimir Putin today signed a decree extending the embargo imposed on food products from the EU and other Western countries until the end of 2018.
    • The move comes days after the European Union formally rolled out fresh economic sanctions against Russia.

National News Affairs

  • Today (1st July 2017 is National Doctors’ Day.
    • This day is observed in India to honour the contributions of Bharat Ratna  Bidhan Chandra Roy(1st July 1882 – 1st July 1962), former West Bengal Chief Minister who was also a physician.
    • He is remembered till date for actively involving himself in starting many institutions, hospitals and was fully dedicated to the upliftment of Indian society.
    • First Doctor’s Day was celebrated in 1991.
  • India’s tallest Air Traffic Control (ATC) tower at the Delhi Airport is going to start operations by December, Airports Authority of India Chairman Guruprasad Mohapatra announced today.
    • The new 101.9-metre tower, which will give controllers a 360-degree view of the airport, is the seventh tallest ATC tower in the world.
    • It has been built at a cost of ₹350 crore.

Awards & Honours

  • IPS officer Mahesh Bhagwat has been given the US government’s 2017 Trafficking in Persons Hero award for his 13 year-long fight against human trafficking.
  • A Billion Colour Story‘, co-produced by Bollywood actor Satish Kaushik and directed by Padmakumar Narasimhamurthy won the Audience Award at the 2017 London Indian Film Festival.
  • Technology major Adobe’s CEO Shantanu Narayen and former US Surgeon General Vivek Murthy are the two Indian-Americans among 38 individuals who will be honoured with the Great Immigrants award in the US this year.

Science & Technology

  • Jio today announced the launch of the 25,000-kilometre Asia-Africa-Europe (AAE-1) submarine cable system.
    • Jio claimed it is the longest technology-based 100 Gbps (gigabits per second) submarine cable system in the world, stretching from France to Hong Kong with 21 cable landings across Asia and Europe.


People in News

  • Shyam Saran Negi, independent India’s first-ever voter, turns 100 years old today.
    • Negi, who belongs to Chini village in present day Kinnaur district in Himachal Pradesh, was the first to cast his vote in the country’s first-ever general elections held in 1951.


New Appointments

  • Senior lawyer KK Venugopal has been appointed as the new Attorney General of India.
    • He is going to replace Mukul Rohatgi.
    • About Attorney General of India :
      • India’s Attorney General is the first law officer of the government and acts as a top advocate for the Union Government.
      • He needs to give advice to the President and the Centre on legal matters.
      • An Attorney General has the right to speak and attend the proceedings of the Parliament, however, he/she cannot vote in the committee.


  • Actor Minaketan Das(56), known for his roles in Odia films and television series, passed away.
    • Known for playing negative roles, ‘Balunga Toka’, ‘Jianta Bhuta’ and ‘Most Wanted’ were among Minaketan’s popular films.


Banking, Business & Economic News

  • The government today launched the Goods and Services Tax (GST) regime, effective from July 1, 2017.
    • The Goods and Services Tax (GST) was first proposed 17 years ago, when the then Prime Minister Atal Bihari Vajpayee formed a GST committee.
    • In the making since 2000 and claimed to be the biggest tax reform since Independence, the GST will be a unified indirect tax structure across the country.
    • The GST Council has come out with a four-rate structure of 5%, 12%, 18% and 28%.
    • The maximum GST rate slab of 28% is the highest among more than 140 countries across the world that have implemented GST.
      • Argentina has the second-highest GST rate of 27%, whereas the rate stands at 20% in the UK, 20% in France and 7% in Singapore.
    • The Financial Stability Report released by Reserve Bank of India (RBI) today said the ongoing initiatives like GST will push the economic growth to 3% in the current fiscal year in terms of gross value added (GVA).
      • Further, reforms in FDI, real estate, and revival in external demand are likely to contribute to a better growth, the report said.
    • Warren Buffett’s Berkshire Hathaway is set to become the largest shareholder of Bank of Americasurpassing Vanguard Group by exercising its warrants to buy 700 million common shares.

Sports Current News

  • MS Dhoni has become India’s fourth highest run scorer in ODIs, after reaching the 15-run mark in the second ODI against Windies.
    • Top 5 in the list
      • Sachin Tendulkar – 18426 Runs
      • Sourav Ganguly – 11363 Runs
      • Rahul Dravid – 10889 Runs
      • Mahendra Singh Dhoni – 9442 Runs
      • Mohammad Azharuddin – 9378