1. Union finance minister P Chidambaram has made a record of sorts by inaugurating 300 bank branches in Uttar Pradesh.
2. A four-member committee headed by Department of Economic Affairs (DEA) Secretary, Arvind Mayaram, for giving clear definitions to FDI and FII with an aim to remove ambiguity over the two types of foreign investments, is slated to hold its meeting next week.
3. The Civil Services (Main) examination will be held in November or December this year and applications for it will be called in August or September, according to a notification issued by the Union Public Service Commission (UPSC).
4. A government appointed Commission, FSLRC has suggested that financial sector regulators such asSEBI as well as IRDA be merged into a Unified Financial Agency (UFA) and the role of RBI be restricted to regulating banks and managing monetary policy.
5. India has sought a mechanism from China to jointly assess the construction projects on the Brahmaputra, across the border, while also feeling reassured that “run-of-the-river” projects there posed no worry for it.
6. A Parliamentary panel has suggested changes to an amendment bill to ensure agri-business firms do not misuse funds of National Cooperative Development Corporation (NCDC) in the garb of producer companies.
7. Richard Griffiths, who appeared in Withnail & I and the Harry Potter films, has died from complications following heart surgery. He was 65.
8. Cambodia’s war crimes court has ruled that Pol Pot’s former deputy Nuon Chea was fit to continue standing trial after the death of a co-defendant renewed fears that the elderly accused may not live to see verdicts.
9. Veselin Vlahovic, nicknamed Batko, a montenegrin warlord was jailed for 45 years for murder, rape and torture of non-Serb civilians in Sarajevo in the Bosnian war, receiving the longest sentence handed down so far by the Bosnian war crimes court.
10. China and Brazil have agreed to establish a currency swap line worth around $30 billion (€23.5bn) in their respective currencies, which they say is designed to protect against future global financial crises.