1) Union
railway budget 2014-15 presented in Lok Sabha: With the passenger fare and
freight charges having been increased as recently as June 22, the maiden
Railway Budget of the Narendra Modi government focussed on a massive facelift
of the sector. It includes introduction of bullet and semi-high-speed trains,
an extensive makeover of stations and in a first, foreign direct investment to
finance the Rs. 9-lakh-crore plans. Tabling his first Budget in Parliament on 8
July 2014, Railway Minister D.V. Sadananda Gowda indicated the magnitude of the
task at hand by pointing out that the much-criticised increase in fares would
help Railways net only Rs. 8,000 crore more a year, when a steady infusion of
at least Rs. 50,000 crore was required annually for the next 10 years.
2) Britain
to "Honour 'Mahatma Gandhi's memory with Statue' in front of its
Parliament: Mahatma Gandhi, who was at the forefront of efforts to end
British rule in India and was repeatedly imprisoned, is to be honoured outside
Britain's Parliament, British Finance Minister George Osborne said. Mr Osborne,
on a trip to New Delhi to meet the new government of Narendra Modi, tweeted
that Britain would "honour his memory with statue in front of mother of
parliaments" in Parliament Square.
3) FIFA
2014: Brazil suffered humiliating World Cup exit: Germany has inflicted an
historic 7-1 rout on Brazil to reach the World Cup final as Miroslav Klose
became the all-time leading scorer in the history of the tournament. Brazil
have never suffered such a big defeat in any international tournament and never
put on such a shambolic defensive performance as during an 18 minute first half
period when Germany scored four goals, three of them in just 179 seconds.
Miroslav Klose fired his 16th World Cup goal on 23 minutes - overtaking
Brazilian legend Ronaldo to set a new record. Brazil were the last team to
score five in a World Cup semi-final in 1958.
4) Miroslav
Klose breaks Ronaldo's record to become the top scorer in World Cup history:
Miroslav Klose has beaten Ronaldo's record to become the top scorer in World
Cup history. The German forward scored his side's second goal in their
staggering 7-1 victory in the semi-final against Brazil to become the record
holder outright with 16.
5) Advanced
version of BrahMos missile test-fired: India on 8 July 2014 test-fired an
advanced version of the 290km range BrahMos supersonic cruise missile from
Odisha coast. The missile was test-fired from a mobile launcher from the
Integrated Test Range(ITR) at Chandipur at about 10.40am, Defence Research and
Development Organisation (DRDO) said. The missile is capable of carrying a
conventional warhead of 300kg.
6) Amit
Shah to be named BJP President: Considered the architect of the Bharatiya
Janata Party’s impressive performance in Uttar Pradesh in the recent Lok Sabha
elections, Amit Shah is all set to take over as the new party president. A
formal announcement is expected on Wednesday after the party’s parliamentary
board meeting. Mr. Shah, party general secretary, is a confidant of Prime Minister
Narendra Modi and has worked closely with him in Gujarat.
7) Ashraf
Ghani Ahmadzai Prepares To Become Next Afghan President: Afghanistan’s
election commission declared on Monday that Ashraf Ghani Ahmadzai, a former
finance minister, is in the lead to become the country's next president with
more than 56 percent votes. However, rival Abdullah Abdullah has refused to
accept the result until his rival is cleared of rigging the election results.
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