Top 10 Current Affairs Headlines for July 1, 2023

Here are 10 of the top news headlines from India today, July 1, 2023, with a summary and source:

  1. HDFC merger: How consumers & financial sector will be impacted (The Indian Express) The merger of HDFC Bank and HDFC will create a financial services behemoth with a market capitalization of over $300 billion. The merger is expected to benefit consumers by giving them access to a wider range of products and services. It is also expected to boost competition in the financial sector, which could lead to lower prices and better services for consumers.
  2. Lausanne Diamond League: 'Felt nervous coming back from injury': Neeraj Chopra after win (The Indian Express) Neeraj Chopra won the javelin throw event at the Lausanne Diamond League with a throw of 89.30m. It was his first competitive event since the Tokyo Olympics last year, where he won a gold medal. Chopra said he was feeling nervous before the competition but was happy with his performance.
  3. Bollywood Rewind: Hrishikesh Mukherjee's Gol Maal was director's idea of escapism that snapped him out of depression (The Indian Express) Hrishikesh Mukherjee's Gol Maal is a classic comedy film that is still enjoyed by audiences today. The film was the director's idea of escapism after he went through a period of depression. Mukherjee said he wanted to make a film that would make people laugh and forget their troubles.
  4. 1st century BC plaque among 105 antiquities to be returned by US (The Indian Express) The US has agreed to return 105 antiquities to India, including a 1st century BC plaque from the Indus Valley Civilization. The antiquities were illegally exported from India and were later found in the US. The return of the antiquities is a major victory for India's efforts to recover its cultural heritage.
  5. A role for Sachin Pilot (The Indian Express) Sachin Pilot, the former deputy chief minister of Rajasthan, is likely to be given a key role in the Congress party's leadership. Pilot is seen as a rising star in Congress and is seen as a potential successor to Rahul Gandhi. He is also seen as a leader who can connect with the youth and the party's traditional vote base.
  6. Why Rajasthan might not be as easy for Cong as Chhattisgarh (The Indian Express) The Congress is facing an uphill battle in Rajasthan, where it is trying to wrest power from the Bharatiya Janata Party (BJP). The BJP has been in power in Rajasthan for the past 15 years and has a strong organization in the state. The Congress, on the other hand, is divided and has not been able to come up with a strong leader.
  7. Incidental expenses on education & health fall under LRS, to attract TCS (The Indian Express) The government has exempted incidental expenses on education and health from the limit of ₹2 lakh under the Liberalised Remittance Scheme (LRS). This move is aimed at attracting IT companies like Tata Consultancy Services (TCS) to invest in India. TCS had earlier said that it would not be able to invest in India because of the LRS limit.
  8. Life After IIT (The Indian Express) What happens after you graduate from an IIT? This is a question that many students ask themselves. The answer is not always easy. Some students go on to work in top companies, while others start their own businesses. There are also those who choose to pursue a career in academia or research. The possibilities are endless.
  9. Form panel to revisit certificate issued to 'Adipurush': HC to Centre (The Indian Express) The Bombay High Court has directed the Centre to form a panel to revisit the certificate issued to the film 'Adipurush'. The film, which is based on the Hindu epic Ramayana, has been facing protests from some groups who are demanding a ban on the film. The court has said that the panel should be constituted within two weeks and should submit its report within four weeks.
  10. Punjab man shot dead in California, kin says for refusing to sell liquor to minor (The Indian Express) A 35-year-old man from Punjab was shot dead in California, US, allegedly for refusing to sell liquor to a minor. The victim, identified as Jaswinder Singh, was working as a security guard at a liquor store in San Jose. He was shot in the head by the minor, who was accompanied by another person. The police are investigating the case.
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