Current Affairs 16th July 2019

Updated : 16-Jul-2019

Current Affairs 16th July 2019 - Important Points

• $100 million missile kit order bagged by - Kalyani Rafael Advanced Systems
• India to be ICC Cricket World Cup 2023 host nation from - 9th February -26th March 2019
• Merger of 3 General Insurance Firms including National Insurance, United India and Oriental India announced by - Minister of State for Finance and Corporate Affairs
• Kalraj Mishra designated Himachal Pradesh Governor on - 15th July 2019
• Mohammad Anas, Hima Das secures Gold Medal  in - Kladno Memorial Athletics Meet
• Simona Halep beats Serena for - MaidenWimbledon Title 2019

Current Affairs 16th July 2019 - Details

$100 million missile kit order bagged by - Kalyani Rafael Advanced Systems

Kalyani Rafael Advanced Systems Ltd has secured $100 million order from Israel’s Rafael for producing 1000 Barak-8 Medium-Range, Surface-to-Air Missile Missile kits for Indian Army and the Indian Air Force.
Significant Highlights
Kalyani Rafael Advanced Systems Ltd devices to progress these systems at centre situated near international airport, Hyderabad, Telangana. These systems would be manufactured over next four years and then be supplied to India’s state-run defence manufacturer Bharat Dynamics Ltd for further integration.
Rafael’s association with Indian defence industry has resulted to investment of above $250 million over the years as a part of Make-in-India initiative.
More about Kalyani Rafael Advanced Systems

• It is a 49:51 combine venture of Israel’s Rafael Advanced Systems with 49% and India’s Kalyani Strategic Systems Ltd. 51% share.
• It is first private missile production facility in India. It manufactures missiles, interceptors, besides deploying defence systems and delivering long-term maintenance of missiles and equipment. It is
  dedicated to operational readiness of Indian Army and Indian Air Force.
• Kalyani group outlines to develop second producing facility on a 100 acres site in Telangana to
  augment its production capability, primarily to serve India and also to operate as an export facility for friendly neighbouring nations.
• Kalyani Rafael Advanced Systems Ltd unit is an advanced production unit which offers
  engineering services and extended life-cycle support for systems that are delivered to Indian
  defence forces.
• Kalyani Rafael Advanced Systems Ltd unit was formed in August 2017. It has now bagged $100 million order and has been exporting defence systems and accomplished business of $15 million in 2018. It assumes to clock nearly $30 million by 2019.

India to be ICC Cricket World Cup 2023 host nation from - 9th February -26th March 2019

India will be the International Cricket Council’s Cricket World Cup 2023 host nation. This will be the 1st time that India is hosting the cricket playing event on its own. India had co-hosted the World Cup with its neighbouring nations in all the 3 earlier events.
India will be hosting the 13th edition of the men's Cricket World Cup which was finalised at an ICC meeting held in London. India has co-hosted the World Cup 3 times in the past, 1987 with Pakistan, in 1996 with Pakistan and Sri Lanka and in 2011 with Sri Lanka and Bangladesh. 
The International Cricket Council’s World Cup 2023 will be organised in India from February 9th- March 26th, 2023. The World Cup 2023 will also witness participation from Ten teams. The top seven positioned teams will inevitably qualify for the World Cup along with hosts India, while the lasting 2 teams will make their place in the playing event by qualifying via the world cup qualifier round.
More about ICC Cricket World Cup

• The Cricket World Cup has been hosted the greatest number of times by England with the playing
  event 5 times, solely in 1975, 1979 and 1983 and co-hosted in 1999 and 2019 with Ireland, Netherlands, Scotland and Wales.
• The 1987 World Cup was the 1st edition of the playing event that was not held by England.
• The playing event was held combinedly by India and Pakistan. Pakistan also was a co-host in the 2011 edition of the World Cup but it was stripped-off its status because of uncertain security situation follosecureg an attack on the bus carrying the Sri Lankan cricket team in Lahore in 2009.
• The 2011 World Cup final was organised at the Wankhede Stadium, Mumbai, where India lifted
  the World Cup trophy 28 years follosecureg the 1st victory and it became the 1st host nation to
  secure the playing event.

Merger of 3 General Insurance Firms including National Insurance, United India and Oriental India announced by - Minister of State for Finance and Corporate Affairs

Minister of State for Finance and Corporate Affairs, Anurag Thakur freshly knowledge the Lok Sabha
that 3 public-sector General Insurance Firms, including, National Insurance Company Limited,
United India Assurance Company Limited and Oriental India Insurance Company Limited will soon
be merged into a solo insurance entity. The initiative was declared by Finance Minister Nirmala
Sitharaman in her maiden Budget 2019-20 speech, suggesting to improve the General Insurance
Business (Nationalisation) Act, 1972 to enable the fusion of non-life insurance firms.
The Finance Bill, declared alongside the Budget 2019-20, suggested to replace the “there will be 4
firms” statement of a 1972 act section with “there will up to four firms”.
Facts and Figures of merged insurance entity

• The 3 firms including National Insurance, United India Assurance and Oriental India Insurance
  together had more than 200 insurance products with a sum premium of Rupees 41461 crore.
• The collective net worth of these 3 firms is Rupees 9243 crore.
• The over-all employee strength is more than 44000 and total number of offices is 6000.
  These 3 firms responsible for total market share of about 35%.
• The National Insurance Company Limited, United India Assurance Company Limited and Oriental India Insurance Company Limited had previously designated Ernst and Young as a consultant for their merger. Ernst and Young has been planned to carry-out the merger in a combined way.
• Ernst and Young is supposed to advice on organisational restructuring, management of operational matters, rationalisation of human resources, and other concerned matters.

Kalraj Mishra designated Himachal Pradesh Governor on - 15th July 2019

Senior Bhartiya Janta Party leader Kalraj Mishra was designated as Governor of Himachal Pradesh on July 15th, 2019. He replaced Acharya Devvrat who has been transferred and designated as Governor of Gujarat. A press release published by Rashtrapati Bhavan informed that appointments of Mr. Mishra and Mr. Devvrat will be effective from the dates they accept charge of their respective offices.
Kalraj Mishra had resigned from the Narendra Modi-headed government as Minister for Micro,
Small and Medium Enterprises in 2017 after he surpassed the age of 75. He had not fought last Lok
Sabha elections.
Acharya Devvrat was designated as Governor of HP in year 2015, he will replace retiring office
holder O.P.Kohli. O.P.Kohli was designated Governor of Gujarat, replaced Margaret Alva, on July
16th, 2014. He has finished his 5-year term on July 15th, 2019.
More about Kalraj Mishra

• In 2014 Kalraj Mishra became Member of Parliament from Deoria constituency and later designated as Cabinet Minister in the Modi government.
• Kalraj Mishra is former Member of Parliament-independent charge, of Micro, Small and Medium Enterprises in the Bharatiya Janata Party-headed NDA government of PM Narendra Modi. Being associated with the BJP, he was a member of Parliament from Deoria constituency in UP from 2014-2019.
  About Acharya Devvrat
• Acharya Devvrat worked earlier as the principal of a Gurukul in Kurukshetra. He has worked as a
  mentor, guardian, principal and warden of Gurukul Kurukshetra since 1980s.
• During his tenure as Governor of HP, Acharya Devvrat has started steps for directly taking up social matters including drug abuse and intolerance.

Mohammad Anas, Hima Das secures Gold Medal  in - Kladno Memorial Athletics Meet

India’s Mohammad Anas secured Gold Medal in men’s 400 meters with an effort of 45.21s and Hima
Das secured Gold Medal in women’s 200 meters event at Kladno Memorial Athletics Meet at
Kladno, Czech Republic. This is Hima Das 3rd international victory in 11 days.
Key Highlight

• Mohammad Anas progressed his own national record in men’s 400 meters race. His previous
  national record time stood at 45.24s which he recorded in 2018. The 24 years old Anas completed
  nearly 1second ahead of silver winner Omelko Rafal with 46.19s of Poland.
• Hima Das clocked a much-improved time of 23.43s to secure Gold Medal while she has personal best of 23.10s in 200 metres. This was her 3rd international Gold Medal within last two weeks.
• She secured other 2 Gold Medal in Poznan Athletics Grand Prix in Poland and at the Kutno Athletics Meet, Poland.
• V K Vismaya clocked her personal best of 52.54s to secure the ‘A’ race in women’s 400 meters.

Other Winners
Indian trio Vipin Kasana with 82.51 meters, Abhishek Singh with 77.32 meters and Davinder Singh
Kang with 76.58 meters took top 3 positions in men’s javelin final respectively.
In Men’s Shot-Put event, national record holder Tejinder Pal Singh Toor accomplished best throw
of 20.36 meters to secure bronze. He grabs national record of 20.75 meters.
Saritaben stood 3rd with 53.37s.
Other Gold Medal Winners
Archana in 100 meters with 11.74s
Harsh Kumar in 400 meters with 46.76s
Lili Das in 1500 meters with 4:19.05s
Sahil Silwal in javelin throw with 78.50 meters

Simona Halep beats Serena for - MaidenWimbledon Title 2019

Simona Halep of Romania defeats Serena Williams of USA with 6-2, 6-2 in final to secure Women’s Singles Wimbledon Title 2019. She dispatched 7 times Wimbledon Champion Serena Williams in just 56 minutes to grab her 1st Wimbledon and 2nd Major title.
Key Highlights

• Simona Halep is now 1st Romanian to secure singles crown at SW19 i.e. South-West London 19
  of Wimbledon tennis club. Earlier, mercurial Ilie Nastase was a 2-time finalist in 1972 and 1976.
  She dropped only single set throughout playing event to claim her 1st Wimbledon title.
  One of the biggest inspirations for Simona Halep to secure Wimbledon was to get a life-time
  membership of coveted All England Club.
• For Serena, it was a 3rd successive defeat in Major final since her return from maternity. She is
  still 1 short of Margaret Court’s record of 24 Majors.
  About Simona Halep
• The 27-Year-old is born on 27th September 1991 in Constanta, Romania.
• Simona’s Grand Slam titles include French Open in 2018 and Wimbledon in 2019.
  She secured her 1st Grand Slam title after falling at final hurdle 3 times Roland Garros in 2014,
  2017 and Australian Open in 2018.
• She became 1st Romanian to secure Grand Slam crown since her manager Virginia Ruzici in
  Paris in 1978.