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1.Economy

US continues being India’s top trading partner in FY 2019-20

1 13 Daily Current Affairs Update | 16 July 2020

As per data from Union Ministry of Commerce, US is India’s top trading partner for the second consecutive financial year

Earlier, China was India’s top trading partner from 2013-14 to 2017-18

The bilateral trade between India and US was $88.75 billion in FY 2019-20

Quick Fact: Piyush Goyal is the Union Minister of Commerce and Industry

2.Sports

Hemang Amin appointed as interim CEO of BCCI

2 13 Daily Current Affairs Update | 16 July 2020

Hemang Amin has been appointed as interim CEO by Board of Control for Cricket in India (BCCI)

He will be replacing Rahul Johri as CEO of BCCI

He was earlier reporting to the outgoing CEO

3.Person in News

Journalist-writer Nagindas Sanghvi passes away

3 13 Daily Current Affairs Update | 16 July 2020

Nagindas Sanghvi was a veteran Gujarati journalist, columnist, writer, and political analyst

He was honoured with the Padma Shri award in 2019

He wrote in Gujarati, Hindi and English and is famous for his works on Mahatma Gandhi, Gujarat, etc.

4.Economy

India’s first trans-shipment hub to be in Cochin port

4 13 Daily Current Affairs Update | 16 July 2020

A trans-shipment hub handles and stores containers temporarily and later transfers them to other ships for onward destination.

The Cochin Port was selected because:

  1. It is proximally located to international sea routes
  2. It is at a suitable distance from other India feeder ports
  3. It is connected to hinterlands of India
  4. It had adequate infrastructure to support the facility

Quick Fact: Cochin port is located in Kerala

5.Person in News

Ashok Lavasa: New Vice President of ADB

5 13 Daily Current Affairs Update | 16 July 2020

Ashok Lavasa has been appointed the new VP for Public-Private Partnerships and Private Sector Operations of Asian Development Bank

Ashok Lavasa is a 1980 batch retired IAS officer, and was serving as the Election Commissioner

He was also appointed as judge in the International Court of Justice at the Hague.

6.Science and Technology

Robotic Helicopter ‘Ingenuity’ to be deployed on Mars 

6 11 Daily Current Affairs Update | 16 July 2020

The Ingenuity robotic helicopter will be deployed in Mars 2020 mission of NASA

It will study how the conditions on Mars affect aviation.

Ingenuity is the first aircraft to perform controlled flight on another planet

Quick Fact: Mars Mission will study habitation potential on Mars


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