Lok Sabha Speaker Sumitra Mahajan termed the recently adopted National Health Policy

as a "landmark" step which commits to comprehensive primary healthcare and effective

regulatory framework.

Sri Lanka expects a 26 per cent rise in Indian tourist footfall in the island nation in 2017
compared to the number of visitors from the country in 2016.

India is ranked a high 23rd out of 165 nations in a global index that measures the
commitment of nations across the world to cybersecurity.

Providing relief to SEZs, the government has exempted goods imported by units or
developers of special economic zones from integrated goods and services tax (IGST).

Media firm Zee Entertainment Enterprises Ltd (ZEE) has appointed Atul Das president,
affiliate revenues and distribution.

With GST coming into place from July one, tea traders, brokers along with Tea Board and
tax commissioners have sorted out the billing issue on how to impose the new tax during
auctions.

Shri Achal Kumar Joti has assumed charge as the 21st Chief Election Commissioner (CEC)
of India, succeeding Dr. Nasim Zaidi. Dr. Zaidi demitted office after completing his tenure.

India declares itself free from Highly Pathogenic Avian Influenza (H5N1 and H5N8)

Dr. Mahesh Sharma, Minister of State (Independent charge) for Culture and Tourism has
said that India attaches importance to its engagements with BRICS which has emerged as a
valuable forum for consultation, coordination and cooperation on contemporary global issues of
mutual interest and has helped promote mutual understanding

Government of India in consultation with RBI decides to issue Sovereign Gold Bond
Scheme 2017-18 Series II; Applications for the bond will be accepted from July 10, 2017 to July
14, 2017; The Bonds will be issued on July 28, 2017.

JIGYASA - Student-Scientist connect programme launched , Signing of MoU between

CSIR & KVS,Student-Scientist connect programme JIGYASA.1151 Kendriya Vidyalayas connect
with 38 CSIR Laboratories targeting one lakh students and nearly 1000 teachers annually.

The India-Israel CEO Forum met for the first time and set a target to increase bilateral
trade in the next five years to USD 20 billion from USD 5billion.

The two-day Group of 20 summit,starting in Hamburg,will bring together the leaders of

the worlds biggest developed and emerging economies.
The Reserve Bank of India (RBI) on Thursday said a customer will be entitled to zero
liability when unauthorised transaction occurs as a result of contributory fraud,
negligence or deficiency on the part of the bank irrespective of whether or not the
transaction is reported by the customer. In a notification to commercial banks, the RBI
said there will be zero liability in the case of third-party breach where the deficiency
lies neither with the bank nor with the customer but lies elsewhere in the system, and
the customer notifies the bank within three working days of receiving the
communication from the bank regarding the unauthorised transaction. For cases
reported within four to seven days, the liability will be the transaction value or the
amount stipulated for various accounts, whichever is lower and beyond seven working
days, the liability will be as per banks board approved policy.
However, a customer will have limited liability for the loss in cases where the loss is
due to negligence by a customer, such as where he has shared the payment credentials,
the customer will bear the entire loss until he reports the unauthorised transaction to
the bank. Any loss occurring after the after the reporting of the unauthorised
transaction will be borne by the bank, the RBI said in the notification Customer
protection limiting liability of customers in unauthorised electronic banking
transactions.
There will be a limited liability in cases where the responsibility for the unauthorised
electronic banking transaction lies neither with the bank nor with the customer, but
lies elsewhere in the system and when there is a delay of four to seven working
days after receiving the communication from the bank on the part of the customer
in notifying the bank of such a transaction. The per transaction liability of the
customer will be limited to the transaction value or the amount mentioned by the
RBI , whichever is lower. The liability will be Rs 5,000 for BSBD and SB accounts
and pre-paid payment instruments and gift cards and for current/ cash credit/ overdraft
accounts of MSMEs.
The liability will be Rs 10,000 for current accounts/ cash credit/ overdraft accounts of
individuals with annual average balance (during 365 days preceding the incidence of
fraud)/ limit up to Rs 25 lakh and credit cards with limit up to Rs 5 lakh. The liability
will be Rs 25,000 for all other current/ cash credit/ overdraft accounts and credit cards
with limit above Rs 5 lakh.
Full funding of announced crop loan waivers through state development
loans(SDL) could push up fresh issuance to Rs 5,30,000 crore in FY18 from Rs
3,80,000 crore in FY17.
Enlisting the two exceptions for the condition of one registration in one
state for one PAN (Permanent Account Number), revenue secretary Hasmukh
Adhia clarified that firms with multiple business verticals can choose to apply for
multiple registrations on the Goods and Services Tax (GST) Network. The second
exception for having multiple registrations in one state linked to one PAN will be if
within a state, a business has one unit in Special Economic Zone and another
outside it, he said.
Providing relief to SEZs, the government has exempted goods imported
by units or developers of special economic zones from the integrated goods
and services tax (IGST).
"The central government hereby exempts all goods imported by a unit or a
developer in the Special Economic Zone (SEZ) for authorised operations, from
the whole of the integrated tax leviable thereon under... the Customs Tariff Act,
1975
Exports from SEZs grew by about 12% to Rs 5.24 lakh crore in 2016-17. The
shipments from these zones in 2015 -16 were aggregated at Rs 4.68 lakh crore.
Vietnam has extended an Indian oil concession in the South China Sea
and begun drilling in another area it disputes with china in moves that could
heighten tensions over who owns what in the vital maritime region.
Net direct tax collection for the April-June period grew by 14.8 per cent
over the correspondant period last year to Rs 1.42crore.
Delhi University to introduce GST in cirriculum.
The Indian Institute of Technology,Kharagpur,announced the
confirmation of Sanjiv Goenka as the chairman of its Board of governors for a
three-year period.
 Bharat Forge and Israel Aircraft Industries (IAI) have signed MoU to
expand the joint venture that the establishing as part of a February 2017
agreement meant to develop,build,market and manufacture selected air
defence systems and light weight special purpose munitions.
The centre notified the anti-hijacking law that entails capital punishment
in case hijacking an aircraft leads to death of any person,including ground
staff,flight crew,passengers and security personnel.
The retirement fund body EPFOs investment in stocks through
exchange traded funds (ETFs) would cross the Rs. 45,000-crore mark by
the end of this fiscal, Labour Minister Bandaru Dattatreya said.

Maharashtra topped the medals tally while Karnataka won the

overall championship in the 44th Glenmark junior National aquatic
championship, which concluded at the Shree Shiv Chhatrapati Sports
Complex.

The Indian football team rose to the 96th spot in the latest FIFA rankings, its best-ever
in the last two decades and the second best overall.