World Bank to provide $255 mn loan for AIDS control proj
i. World Bank will provide USD 255 million (Rs 1,499.6 crore) loan to India
for National AIDS Control Project to promote safe behaviour among high risk

ii. An
agreement for loan of USD 255 million (equivalent) from World Bank for the ‘National AIDS Control Project (NACP-IV)’
was signed in New Delhi on Tuesday between India and the World Bank
iii. The objective of the
project is to increase safe behaviours among high risk groups in order to
contribute to India’s national goal of reversal of the HIV epidemic by 2017.”
iv. The project aims at
scaling-up targeted prevention interventions, behaviour change communications
and institutional strengthening at the national, state and district levels.
2.    National Cycling Coach killed in Road Accident in
i. Ruma Chatterjee, the Cycling Coach of Indian national team on 18 June 2013
died in a road accident near Nalgadha village on Noida Expressway in Uttar
Pradesh. She is now survived by her mother and five sisters. 
ii. Ruma Chatterjee died
while training 20 junior team members on the expressway when she was hit by a
speeding car from behind. She was attending the national camp ahead of the
Indian team’s visit to International Cycling Union (UCI) Academy, Switzerland
for training. 
iii. The four-member squad
will participate in the World Championships in Scotland in August 2013.
iv. Ruma was a former
International Cyclist from India 

v. She represented
India three times in international competitions. 

vi. She has served
as coach of the national team in Asian Games, Asian Championships and during
the 2010 Commonwealth Games in New Delhi
Govt panel for hiking FDI limits in def, retail, telecom
i. A govt panel proposed raising foreign investment limits in sectors like
defence, multi-brand retail and telecommunications, to spur investment in the
country and tide over the Current Account Deficit woes.
ii. The committee, which
was set up by Finance Minister P Chidambaram to review the sectoral caps, has
suggested that the Foreign Direct Investment (FDI) ceiling in the Defence sector be raised to 49 percent
under the government approval route from 26
percent at
iii. In order to make
multi-brand retail more attractive to foreign investors, the panel suggested
that the FDI limit be raised to 74
under the Foreign Investment Promotion Board (FIPB) route from 51 percent.
iv. In case of
single-brand retail, it suggested easing of the norms by advocating 49 percent
investments under the automatic route.
v. Currently, the
government allows 100 percent FDI under the approval route.
vi. Similarly in case of
Pharmaceuticals sector, the
committee recommended 49 percent
under automatic route as against 100
under the government approval route.
vii. As regards the Telecom sector, the Mayaram panel said
that 100 percent FDI be allowed
under the FIPB route as against 74
viii. The relaxation in
foreign investment caps is aimed at check the widening CAD which is estimated
to be 5 percent of the GDP in
2012-13 as against the Reserve Bank’s comfort level level of 2.5 percent.
Kochi to host WEF India chapter meet
i. Kochi will host the 29th annual meeting of the World Economic Forum (India chapter)
on November 8 and 9.
ii. The Chief Minister
of Kerala along with officials of the World Economic Forum announced on 18 June
2013 that the 29th annual meeting of the World Economic Forum (India chapter)
scheduled for 8 November 2013 and 9 November 2013 will be hosted by Kochi,
iii. The World Economic Forum (India chapter) is an international
event which will attract around 300 delegates.
iv. The annual meet
would be attended by 96 Chief Executive Officers with various regional heads of
MNCs. Apart from this; industry leaders, young global leaders as well as the
heads of NGOs will also attend the meet.
NOTE: i. First World
Economic Forum (India chapter) meeting was held in the year 1984.
ii. It is important to
note that this is the second time that annual meeting of World Economic Forum
(India chapter) was being hosted by a state other than Delhi. 
iii. Earlier, 27 Meetings of World Economic Forum were held in New
Delhi and once in Mumbai, Maharashtra.
iv. This is the first
time that World Economic Forum (India chapter) event was being planned for
South India. 
The future is now: By Shashi Tharoor
i. Union Minister of
State for Human Resource Development Shashi Tharoor’s latest edited book brings
together India’s young parliamentarians, cutting across ideologies, geographies
and political affiliations
ii. The young men and
women who have contributed to ‘India: The Future is Now’ provide a perspective
on a wide range of sectors, ranging from technology to infrastructure,
healthcare, education and environmental issues.
iii. The book provides analysis and an
insight into India and its role in the world economy.
iv. It is set to be launched in
Thiruvananthapuram by Governor Nikhil Kumar Wednesday.
v. Priced at Rs. 495, ‘India: The Future
is Now (The Vision and Road Map for the Country by Her Young Parliamentarians)’
has been published by Wisdom Tree. 
Team India tops ICC ODI table 
i. India have strengthened their number one position on
the ICC ODI Championship Table as they have added two more rating points to
their kitty with an unbeaten run in the group stage of the Champions Trophy.
ii. India had entered the
tournament on 119 ratings points and
have moved to 121, thanks to
victories over South Africa, West Indies and Pakistan.
iii. England are now ranked second
after moving up two places from fourth, thereby pushing Australia to third
iv. Second-ranked
England and third-placed Australia
are level on 113 ratings points, but Alastair Cooks side is ranked above
Michael Clarkes team by a fraction of a point.
CT 13 semis: South Africa bowled out
for 175

i. England
rampaged through South Africa’s top order on an encouraging bowling morning at
The Oval in the first Champions Trophy semi-final.
ii. It was advantage England as they
bowled South Africa out for a paltry 175
in 38.4 overs
in the first semi-final of the Champions Trophy 2013 here at
The Oval on Wednesday.
iii. Left-handed Miller hit a 51-ball 56 not out with 5 fours and 2
sixes. Kleinveldt had 4 fours and 1 six in his 61-ball innings
iv. Broad and James Tredwell had three
wickets apiece while James Anderson had two.

v. Earlier, South Africa were off to
a disastrous start losing openers Colin Ingram (0) and their best batsman against
England, Hashim Amla (1) with just 4 runs on the board in 1.4 overs. They never
recovered from this double-blow.
vi. It was
a muggy start to the day, with the prospect of clearing skies later on, and
England made good use of the advantage as they threatened to claim a place in
the final with indecent haste.

vii. England and South
Africa had not met in a major ICC semi-final since the 1992 World Cup