Current Affairs


 
01 Jun 2023 - 30 Jun 2023 



Bank of India has launched a β€˜Centralized Pool Buy-Out and Co-Lending Cell’ to boost priority sector lending in Mumbai, inaugurated by Rajneesh Karnatak, MD & CEO of bank.

Bank of India has launched a β€˜Centralized Pool Buy-Out and Co-Lending Cell’ to boost priority sector lending in Mumbai, inaugurated by Rajneesh Karnatak, MD & CEO of bank. The Cell will be equipped with an end-to-end Digital Underwriting System to onboard pool buy-out and co-lending of loans in partnership with NBFCs (non-banking finance companies). Through this platform, seamless integration will be provided between the Bank and multiple NBFCs. The Cell will provide seamless integration between the bank and multiple NBFCs, focusing on retail, MSME, and agriculture loans.


     


      Through this platform, seamless integration will be provided between the Bank and multiple NBFCs.

     

 

     

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British Prime Minister Rishi Sunak has honoured Rajindar Singh Dhatt, one of the last surviving Sikh soldiers who fought in the Second World War with a Points of Light award at a UK-India Week reception at 10 Downing Street, London.

British Prime Minister Rishi Sunak has honoured Rajindar Singh Dhatt, one of the last surviving Sikh soldiers who fought in the Second World War with a Points of Light award at a UK-India Week reception at 10 Downing Street, London. He was recognised for his service and his work running the "Undivided Indian Ex-Servicemen's Association" to help bring together British Indian war veterans. He was born in pre-Partition India in 1921 and fought with the Allied forces during the British colonial period. He is based in Hounslow in southwest London since 1963. Dhatt had joined the British Indian Army during the Second World War and excelled up the ranks, being promoted to Havildar Major (Sergeant Major) in 1943.


     


      He was recognised for his service and his work running the "Undivided Indian Ex-Servicemen's Association" to help bring together British Indian war veterans.

     

 

     

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Union Minister of Animal Husbandry, Fisheries and Dairying Parshottam Rupala launched an android-based mobile app 'Report Fish Disease', that will help farmers to connect directly to district fisheries officers and scientists.

Union Minister of Animal Husbandry, Fisheries and Dairying Parshottam Rupala launched an android-based mobile app 'Report Fish Disease', that will help farmers to connect directly to district fisheries officers and scientists. The application has been developed by ICAR-National Bureau of Fish Genetic Resources (NBFGR), Lucknow and launched under the National Surveillance Programme for Aquatic Animal Diseases (NSPAAD). With the launch of this app, NSPAAD was able to meet the national and international obligations through transparent reporting. The app will be a central platform for connecting and will integrate fish farmers, field-level officers and fish health experts seamlessly. The app will help farmers, who face the issue of fish diseases which used to go unnoticed or unreported earlier, to reach out to the experts in an efficient manner within a short period of time.


     


      The application has been developed by ICAR-National Bureau of Fish Genetic Resources (NBFGR), Lucknow and launched under the National Surveillance Programme for Aquatic Animal Diseases (NSPAAD).

     

 

     

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National Statistics Day is annually celebrated on June 29 in recognition of contributions made by Professor Prasanta Chandra Mahalanobis in the fields of statistics and economic planning.

National Statistics Day is annually celebrated on June 29 in recognition of contributions made by Professor Prasanta Chandra Mahalanobis in the fields of statistics and economic planning. Indian scientist and statistician Prasanta Chandra Mahalanobis served on the first Planning Commission of free India. The theme of National Statistics Day, 2023 is β€œAlignment of State Indicator Framework with National Indicator Framework for Monitoring Sustainable Development Goals”. In honour of Prasanta Chandra Mahalanobis' contributions to statistics, the Indian government decided to designate his birthday as National Statistics Day in 2006. As a result, on June 5, 2007, the declaration was published in the Indian Gazette, and on June 29, 2007, the inaugural National Statistics Day was observed. The occasion has been commemorated annually ever since. The National Statistics Day is organised by the Ministry of Statistics and Programme Implementation (MoSPI).


     


      The theme of National Statistics Day, 2023 is β€œAlignment of State Indicator Framework with National Indicator Framework for Monitoring Sustainable Development Goals”.

     

 

     

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The International Day of the Tropics is annually observed on June 29 by highlighting the extraordinary diversity of the tropics while highlighting the unique challenges and opportunities nations of the Tropics face.

The International Day of the Tropics is annually observed on June 29 by highlighting the extraordinary diversity of the tropics while highlighting the unique challenges and opportunities nations of the Tropics face. The first-ever State of the Tropics Report was launched on June 29, 2014, as the result of a collaboration among twelve prominent tropical research institutions. To commemorate the anniversary of the report's release, the United Nations General Assembly passed resolution A/RES/70/267 in 2016. This resolution designates June 29 of each year as the International Day of the Tropics, to be observed globally.


     


      The first-ever State of the Tropics Report was launched on June 29, 2014, as the result of a collaboration among twelve prominent tropical research institutions.

     

 

     

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The World Economic Forum ranked India at the 67th place globally on its Energy Transition Index (ETI) 2023 and it is the only major economy with energy transition momentum accelerating across all dimensions.

The World Economic Forum ranked India at the 67th place globally on its Energy Transition Index (ETI) 2023 and it is the only major economy with energy transition momentum accelerating across all dimensions. Sweden topped the list and was followed by Denmark, Norway, Finland and Switzerland in the top five on the list of 120 countries. India is the only major economy with energy transition momentum accelerating across the Energy Transition Index's equitable, secure and sustainable dimensions. France (7) was the only G20 country in the top 10, followed closely by Germany (11), the U.S (12), and the U.K (13). The out of 120 countries, 113 have made progress over the last decade but only 55, including India, have improved their scores by more than 10 percentage points.


     


      Sweden topped the list and was followed by Denmark, Norway, Finland and Switzerland in the top five on the list of 120 countries.

     

 

     

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India has ranked 40th on the latest world competitiveness ranking released by the International Institute for Management Development (IMD).

India has ranked 40th on the latest world competitiveness ranking released by the International Institute for Management Development (IMD). The country is still positioned better than the 43rd rank in 2019-21. According to the IMD's World Competitiveness Centre (WCC) report, India progressed in government efficiency but lagged in business efficiency, infrastructure and economic performance. Out of the 64 economies ranked in the annual report, Denmark, Ireland and Switzerland claimed the top three spots, while the Netherlands, Taiwan, Hong Kong, Sweden, the US and the UAE completed the top 10. Further, Denmark maintained its top position by consistently performing well across all measured competitiveness factors.


      India has ranked 40th on the latest world competitiveness ranking released by the International Institute for Management Development (IMD).


      The country is still positioned better than the 43rd rank in 2019-21.

      Further, Denmark maintained its top position by consistently performing well across all measured competitiveness factors.

 

     

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United Nations Secretary-General Antonio Guterres has removed India from his annual report on the impact of armed conflict on children, citing "measures taken by the government to better protect" them.

United Nations Secretary-General Antonio Guterres has removed India from his annual report on the impact of armed conflict on children, citing "measures taken by the government to better protect" them. India had been included in the report since 2010, alongside other countries, including Burkina Faso, Cameroon, the Lake Chad Basin, Nigeria, Pakistan and the Philippines. Initially, India was included on the list due to allegations of the recruitment of young boys by armed groups in Jammu and Kashmir and the detainment of boys by the security forces on grounds of association with armed groups.


     


      India had been included in the report since 2010, alongside other countries, including Burkina Faso, Cameroon, the Lake Chad Basin, Nigeria, Pakistan and the Philippines.

     

 

     

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ICICI Lombard General Insurance and ICICI Prudential Life Insurance have launched an insurance solution, β€œiShield”, which will provide customers with both, health and life insurance.

ICICI Lombard General Insurance and ICICI Prudential Life Insurance have launched an insurance solution, β€œiShield”, which will provide customers with both, health and life insurance. The solution will enable customers to take care of expenses required for medical treatments. Besides, it will also provide a lump sum amount to the family in case of the unfortunate demise of the policyholder. The health insurance component covers expenses related to hospitalization, day-care treatments, pre and post-hospitalization, and homecare treatment, to name just a few. On the other hand, the life insurance cover will continue till the age of 85, ensuring the family has sufficient financial resources to continue with their lives. iShield, with its two-in-one benefit, will provide customers with the convenience of managing their health and life insurance needs through a single proposition instead of purchasing separate products for each of them. iShield is a one-of-its-kind offering that is synergistic in capabilities and shares the brand values of ICICI Prudential Life Insurance and ICICI Lombard.


     


      iShield, with its two-in-one benefit, will provide customers with the convenience of managing their health and life insurance needs through a single proposition instead of purchasing separate products for each of them.

     

 

     

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Priority Pass Access India, a leading domestic airport lounge and travel experiences programme, partnered with the National Payments Corporation of India (NPCI).

Priority Pass Access India, a leading domestic airport lounge and travel experiences programme, partnered with the National Payments Corporation of India (NPCI). This partnership will enable eligible RuPay (a product of NPCI) cardholders in India to enjoy access to over 50 premium lounges and airport experiences across all major cities in India simply by tapping or swiping their RuPay card on entry. In addition, eligible cardholders of RuPay will also enjoy access to a network of railway lounges in India.


     


     

     

 

     

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Mahindra Last Mile Mobility was awarded the first Automotive PLI certificate by ARAI (Automotive Research Association of India).

Mahindra Last Mile Mobility was awarded the first Automotive PLI certificate by ARAI (Automotive Research Association of India). The company can now receive subsidies from the government under the Rs25,938 crore scheme. The certificate for M&M was awarded by the Automotive Research Association of India, which is a testing agency under the Heavy Industries ministry. ARAI awarded the certificate to Mahindra Last Mile Mobility Ltd, for their flagship EV three-wheeler.


     


      The company can now receive subsidies from the government under the Rs25,938 crore scheme.

     

 

     

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The Geographical Indications Registry in Chennai has given tags to 7 different products from Uttar Pradesh.

The Geographical Indications Registry in Chennai has given tags to 7 different products from Uttar Pradesh. Geographical Indication Registry (Chennai, Tamil Nadu-TN) under the Department of Industry Promotion and Internal Trade (DIPIT), Ministry of Commerce and Industry (MoCI), has recognised 7 Handicrafts products from Uttar Pradesh. β€˜Amroha Dholak’, β€˜Mahoba Gaura Patthar Hastashlip’, β€˜Mainpuri Tarkashi’, β€˜Sambhal Horn Craft’, β€˜Baghpat Home Furnishings’, β€˜Barabanki Handloom Product’ and β€˜Kalpi Handmade Paper’ are the products that been given the Geographical Indication (GI) tag. Geographical Indications of Goods indicate the country or place of origin of a product.


     


      Geographical Indications of Goods indicate the country or place of origin of a product.

     

 

     

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Union Minister of Coal, Mines & Parliamentary Affairs Shri Pralhad Joshi has unveiled the first ever report of the country on β€œCritical Minerals for India”, prepared by an expert team constituted by the Ministry of Mines.

Union Minister of Coal, Mines & Parliamentary Affairs Shri Pralhad Joshi has unveiled the first ever report of the country on β€œCritical Minerals for India”, prepared by an expert team constituted by the Ministry of Mines. It is for the first time India has identified the comprehensive list of critical minerals taking into account the requirements of sectors like defence, agriculture, energy, pharmaceutical, telecom etc. India has become the newest partner in the coveted Mineral Security Partnership (MSP) to bolster critical mineral supply chains. 30 critical minerals have been identified in the report. The release of the Critical Minerals List marks a milestone in India's pursuit of self-reliance and security in the domain of mineral resources.


     


      30 critical minerals have been identified in the report.

     

 

     

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Ministry of Housing and Urban Affairs (MoHUA) launched the Field Assessment for the 8th edition Swachh Survekshan (SS) 2023- Mera Shehar, Meri Pehchan.

Ministry of Housing and Urban Affairs (MoHUA) launched the Field Assessment for the 8th edition Swachh Survekshan (SS) 2023- Mera Shehar, Meri Pehchan. Under SS 2023, around 3,000 assessors will take the field for assessment from 1 July, 2023. The assessors will study performances of 4500+ cities across 46 indicators and it is expected to be completed within a month. Rolled out on 24 May, 2022, Swachh Survekshan 2023 champions Waste to Wealth and is curated towards processing and scientific management of waste. Originally designed as a competitive monitoring tool, Swachh Survekshan was introduced under the aegis of MoHUA in 2016. Swachh Survekshan 2023 indicators focus on parameters pertaining to segregated door-to-door waste collection, zero waste events, Divyang-friendly toilets, improved plastic waste management and cleaning backlanes, wherein the marks have been increased this year.


     


      Rolled out on 24 May, 2022, Swachh Survekshan 2023 champions Waste to Wealth and is curated towards processing and scientific management of waste.

     

 

     

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A Memorandum of Understanding (MoU) was signed between Ministry of Culture and Canara Bank for disbursal of financial assistance to veteran artists under the β€œScheme for Financial Assistance for Veteran Artists”.

A Memorandum of Understanding (MoU) was signed between Ministry of Culture and Canara Bank for disbursal of financial assistance to veteran artists under the β€œScheme for Financial Assistance for Veteran Artists”. Ministry of Culture administers a Scheme namely β€œFinancial Assistance for Veteran Artists” under which financial assistance of Rs6000/- per month is provided to artists and scholars above the age of 60 years. Currently, under the scheme, disbursal of financial assistance in respect of artists selected before 2017 is made through LIC while for the artists approved post 2017, it is made directly by the Ministry. This initiative is reflective of the Culture Ministry’s commitment to constantly improve the interface with the artists’ community and the services provided to them.


     


      Ministry of Culture administers a Scheme namely β€œFinancial Assistance for Veteran Artists” under which financial assistance of Rs6000/- per month is provided to artists and scholars above the age of 60 years.

     

 

     

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The West Bengal government has signed an agreement with leading business research and analytics firm Dun & Bradstreet (D&B) for the MSME sector and exporters of the state.

The West Bengal government has signed an agreement with leading business research and analytics firm Dun & Bradstreet (D&B) for the MSME sector and exporters of the state. Under the agreement, D&B will assign a unique nine-digit (D-U-N-S) number to a specific MSME firm or an exporter which will encompass various financial health indicators of the business entity. According to D&B, there has been an increased business interest in the MSMEs of West Bengal with the volume of enquiries from global and domestic companies going up.


     


     

     

 

     

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World Vitiligo Day is annually observed on 25th June to increasing the effort for vitiligo healthcare and education and raising awareness of the social stigma and mental challenges faced by those affected by vitiligo.

World Vitiligo Day is annually observed on 25th June to increasing the effort for vitiligo healthcare and education and raising awareness of the social stigma and mental challenges faced by those affected by vitiligo. The theme for World Vitiligo Day 2023 is "Vitiligo: Looking into the Future". The first World Vitiligo Day was organised in 2011 by the non-profit organisations VR Foundation (USA) and VITSAF (Nigeria) and their supporters around the world with a resolution to create awareness about this unrecognised disease and its impact on the vitiligo-affected people.


     


      The theme for World Vitiligo Day 2023 is "Vitiligo: Looking into the Future".

     

 

     

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Tamil Nadu Chief Minister MK Stalin launched a new web portal - http://tnagriculture.in/mannvalam - to encourage farmers to use appropriate fertiliser for their land, knowing the type and quality of the soil.

Tamil Nadu Chief Minister MK Stalin launched a new web portal - http://tnagriculture.in/mannvalam - to encourage farmers to use appropriate fertiliser for their land, knowing the type and quality of the soil. With the help of the portal, the farmers can reduce the cultivation cost, increase the yield, and protect soil fertility. The web portal provides soil classification of Tamil Nadu and has a map of surface soil texture across southern India and in particular parts of the state. Besides, the chief minister released a coffee-table book titled Nette Nette Panaimarame which tells the uses of palm trees and how every part of it is useful for humans in some or another way. He also inaugurated three Periyar Memorial Samathuvapurams at Ramasamudram panchayat in Tiruvallur district, Tholar panchayat in Cuddalore district, and Kattukulam panchayat in Tiruchy district renovated at a cost of Rs3.12 crore and 5 panchayat union officers constructed at a total cost of Rs34.76 crore etc.


     


      Besides, the chief minister released a coffee-table book titled Nette Nette Panaimarame which tells the uses of palm trees and how every part of it is useful for humans in some or another way.

     

 

     

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Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy launched the 'Jagananna Amma Vodi' scheme for the fourth year, under which financial assistance of Rs6,393 crore will be deposited into the bank accounts of 43 lakh beneficiaries, at Kurupam in Parvathip

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy launched the 'Jagananna Amma Vodi' scheme for the fourth year, under which financial assistance of Rs6,393 crore will be deposited into the bank accounts of 43 lakh beneficiaries, at Kurupam in Parvathipuram Manyam district. Spanning 10 days, Amma Vodi will be distributed in all the mandals benefiting more than 83 lakh students studying in classes 1 to 12 across the state. Under the Amma Vodi scheme, eligible mothers who send their children to schools will receive Rs15,000 financial aid to meet the educational expenses. The state has credited a total of Rs26,067 crore under Jagananna Amma Vodi scheme, including Rs6,393 crore disbursal set in motion.


     


      Under the Amma Vodi scheme, eligible mothers who send their children to schools will receive Rs15,000 financial aid to meet the educational expenses.

     

 

     

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The Kerala government has appointed V Venu as the new chief secretary of Kerala and chose Sheikh Darvesh Saheb to lead the state police.

The Kerala government has appointed V Venu as the new chief secretary of Kerala and chose Sheikh Darvesh Saheb to lead the state police. They will replace Chief Secretary VP Joy and state police chief Anil Kanth, who will retire on June 30, 2023. V Venu, the new chief secretary, is a 1990 batch IAS officer. He is presently the Additional Chief Secretary of Home and Environment. He was tasked with rebuilding the state after the floods in 2018 and 2019. Meanwhile, Sheikh Darvesh Saheb is a 1990 batch IPS officer from Andhra Pradesh.


     


      They will replace Chief Secretary VP Joy and state police chief Anil Kanth, who will retire on June 30, 2023.

     

 

     

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A.P. Hota has been appointed as the part-time Chairman of Federal Bank with effect from June 29, 2023, till January 14, 2026.

A.P. Hota has been appointed as the part-time Chairman of Federal Bank with effect from June 29, 2023, till January 14, 2026. The Reserve Bank of India (RBI) approved the appointment of Hota as the part-time Chairman of Federal Bank. He was serving as an independent director on the Board of the Bank since January 15, 2018. Abhay Prasad Hota has 27 years of experience in the Reserve Bank between 1982 and 2009. While at the RBI, he served as Nominee Director to the Board of Vijaya Bank and subsequently Andhra Bank. He was the architect of National Payments Corporation of India (NPCI) and served as its Managing Director (MD) and Chief Executive Officer (CEO) between 2009 and 2017.


     


      The Reserve Bank of India (RBI) approved the appointment of Hota as the part-time Chairman of Federal Bank.

     

 

     

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Rohit Jawa took charge as the Managing Director and Chief Executive Officer of FMCG major Hindustan Unilever Ltd (HUL).

Rohit Jawa took charge as the Managing Director and Chief Executive Officer of FMCG major Hindustan Unilever Ltd (HUL). Jawa has replaced Sanjiv Mehta who retired after the company's annual general meeting. Mehta handed over the baton to Jawa, who was appointed as an Additional Director and CEO-Designate from April 1, from the close of business hours on June 26, 2023. Mehta was at the helm for almost a decade and was with the company for more than 30 years. Shareholders approved the proposal of appointing Jawa as a Whole Time Director as well as Managing Director & Chief Executive Officer of HUL. Prior to this role, Jawa was the Chief of Transformation for Unilever in London.


     


      Jawa has replaced Sanjiv Mehta who retired after the company's annual general meeting.

     

 

     

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The Executive Committee of the Central Board (ECCB) of the State Bank of India (SBI) has accorded approval to the Bank for acquiring the entire 20 percent stake held by SBI Capital Markets (SBICAPS) in SBI Pension Funds.

The Executive Committee of the Central Board (ECCB) of the State Bank of India (SBI) has accorded approval to the Bank for acquiring the entire 20 percent stake held by SBI Capital Markets (SBICAPS) in SBI Pension Funds. The acquisition by the Bank is subject to receipt of all regulatory approvals. Currently, SBI has a 60 percent stake in SBI Pension Funds, with the balance stake being held by SBICAPS (20 percent) and SBI Funds Management (20 percent). SBICAPS is a wholly-owned subsidiary of SBI.


     


      Currently, SBI has a 60 percent stake in SBI Pension Funds, with the balance stake being held by SBICAPS (20 percent) and SBI Funds Management (20 percent).

     

 

     

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The Ministry of Micro, Small and Medium Enterprises (MSME) launched the Champions 2.0 Portal and accompanying mobile application.

The Ministry of Micro, Small and Medium Enterprises (MSME) launched the Champions 2.0 Portal and accompanying mobile application. The move will help streamline the management of cluster projects through advanced geo-tagging technology. The Champions 2.0 Portal and app are designed to address the challenges faced by MSMEs in managing their cluster projects efficiently. Geo tagging will enable real-time monitoring, tracking, and evaluation of projects, ensuring transparency and effective resource utilization. On the launch day, results for β€˜MSME Idea Hackathon 2.0’ will be declared and β€˜MSME Idea Hackathon 3.0’ for Women Entrepreneurs will be launched.


     


      The Champions 2.0 Portal and app are designed to address the challenges faced by MSMEs in managing their cluster projects efficiently.

     

 

     

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National Insurance Awareness Day is observed on June 28 to highlight the importance of insurance and raise awareness about the vital role it plays in our lives.

National Insurance Awareness Day is observed on June 28 to highlight the importance of insurance and raise awareness about the vital role it plays in our lives. The day serves as a reminder of the critical role that insurance plays in protecting individuals and families from financial setbacks. It encourages individuals to understand the various types of insurance available, such as life, health, auto, and home insurance, and to explore options for securing their financial future.


     


     

     

 

     

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This year 2023, World Allergy Awareness Week was celebrated between June 18 and 24.

World Allergy Awareness Week is a global event celebrated annually in the month of June. This year 2023, World Allergy Awareness Week was celebrated between June 18 and 24. World Allergy Week is an initiative of the World Allergy Organisation (WAO), an international organisation comprising 108 regional and national allergology and clinical immunology associations worldwide. Since its establishment in 1951, the organisation has hosted 28 major congresses. The World Allergy Week activities were started in 2011.


     


     

     

 

     

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FaMe TN, an autonomous agency of the Tamil Nadu government, has signed an MoUs with 100 MSME companies to attract investments up to Rs1,510 crore.

FaMe TN, an autonomous agency of the Tamil Nadu government, has signed an MoUs with 100 MSME companies to attract investments up to Rs1,510 crore. These units are to be established in multiple sectors including automobile, aerospace, defence, electric vehicles (EV), pharma and textile across the state and are expected to generate employment opportunities for around 7,400 people. The Chief Minister also inaugurated three new industrial estates at Kodur in Chengalpattu district, Manapparai in Tiruchi district and Sakkimangalam in Madurai district. He also inaugurated the cashew processing cluster at Kadampuliyur in Cuddalore district under the MSME cluster development scheme. Mr Stalin hand over awards to entrepreneurs in the MSME sector. Subsidies to the tune of over Rs18.94 crore to 100 beneficiaries under the Annal Ambedkar Business Champions Scheme would be given.


     


      The Chief Minister also inaugurated three new industrial estates at Kodur in Chengalpattu district, Manapparai in Tiruchi district and Sakkimangalam in Madurai district.

     

 

     

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The Government of Assam, through the Assam Rural Infrastructure and Agricultural Services (ARIAS) Society, has signed a MoU with Caspian Impact Investment Adviser (Caspian Equity) to establish an investment fund aimed at enhancing agricultural growth and

The Government of Assam, through the Assam Rural Infrastructure and Agricultural Services (ARIAS) Society, has signed a MoU with Caspian Impact Investment Adviser (Caspian Equity) to establish an investment fund aimed at enhancing agricultural growth and employment opportunities in the state. The AAIF, with an initial corpus of INR 250 crore, will primarily focus on investing in small and medium enterprises (SMEs) within the agribusiness and allied sectors, aiming to achieve accelerated growth. The partnership entails the establishment and implementation of the Assam Agribusiness Investment Fund (AAIF), a contributory and determinate investment trust. ARIAS will act as the nodal agency for the fund, while Caspian Equity will serve as the fund manager.


     


      ARIAS will act as the nodal agency for the fund, while Caspian Equity will serve as the fund manager.

     

 

     

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Securities and Exchange Board of India (SEBI) has introduced a ASBA (Application supported by Blocked Amount)-like process for trading in secondary market based on blocked funds in investor’s bank account.

Securities and Exchange Board of India (SEBI) has introduced a ASBA (Application supported by Blocked Amount)-like process for trading in secondary market based on blocked funds in investor’s bank account. This new facility will come into effect from January 1, 2024. This facility would block funds in an investor’s bank accounts for secondary market trading, instead of transferring the funds upfront to the trading member. The facility would be provided integrating the Reserve Bank of India (RBI)-approved Unified Payments Interface (UPI) mandate service of single-block and multiple-debit with the secondary market trading and settlement along with UPI block facility. This would be similar to the ASBA-like facility that is currently available in the primary market or initial public offerings (IPOs). The facility will be optional for investors, as per SEBI. Also, all cash collaterals will be provided only via UPI block.


     


      This new facility will come into effect from January 1, 2024.

     

 

     

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The World Bank approved $391 million in financing to improve access to high-quality healthcare services and to economic opportunities for people in Assam and Tripura.

The World Bank approved $391 million in financing to improve access to high-quality healthcare services and to economic opportunities for people in Assam and Tripura. The Assam State Secondary Healthcare Initiative for Service Delivery Transformation (ASSIST) Project, for which $251 million was approved, will improve access to high-quality secondary healthcare services in Assam and directly serve at least 1.8 million people. The project will increase access to comprehensive emergency obstetric and newborn care services and improve treatment and management of non-communicable diseases. The project will also upgrade up to 10 lower-level facilities to district hospitals in essential districts and strengthen the capacity of nurses and healthcare managers for better service delivery.


     


      The project will increase access to comprehensive emergency obstetric and newborn care services and improve treatment and management of non-communicable diseases.

     

 

     

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S&P Global Ratings retained India’s GDP growth forecast at 6 percent, it will be the fastest growing economy among Asia Pacific nations.

S&P Global Ratings retained India’s GDP growth forecast at 6 percent, it will be the fastest growing economy among Asia Pacific nations. The GDP growth forecast for the current and the next fiscal has been kept unchanged from the forecast made in March partly on account of domestic resilience. Retail inflation is likely to soften to 5 percent this fiscal from 6.7 percent. S&P has lowered the growth forecast for China to 5.2 percent from 5.5 percent for 2023. However, India’s retail inflation eased to a 2-year low of 4.25 percent in May on an annual basis as against 4.70 percent in April. Projecting India's growth for FY24, FY25 and FY26 at 6.3%, 6.4% and 6.5% respectively.


      S&P Global Ratings retained India’s GDP growth forecast at 6 percent, it will be the fastest growing economy among Asia Pacific nations.


      S&P has lowered the growth forecast for China to 5.2 percent from 5.5 percent for 2023.

      Projecting India's growth for FY24, FY25 and FY26 at 6.3%, 6.4% and 6.5% respectively.

 

     

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The World Bank has granted a USD 300 million loan to the state of Chhattisgarh in India to boost to the education sector.

The World Bank has granted a USD 300 million loan to the state of Chhattisgarh in India to boost to the education sector. The loan aims to enhance the quality of school education and promote inclusive learning opportunities for children in the region. The loan agreement was signed between the World Bank and the Government of India, with a specific focus on supporting the education sector in Chhattisgarh. The funding will be allocated to various initiatives aimed at improving the quality of education, enhancing teacher training programs, and expanding access to education for marginalized communities. The loan is part of the World Bank’s larger commitment to supporting education in India and promoting sustainable development across the country.


     


      The loan agreement was signed between the World Bank and the Government of India, with a specific focus on supporting the education sector in Chhattisgarh.

     

 

     

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DBS Bank India appointed Rajat Verma as Managing Director and Head of Institutional Banking for India.

DBS Bank India appointed Rajat Verma as Managing Director and Head of Institutional Banking for India. The current Head of Institutional Banking for India, Niraj Mittal, has appointed to a new role as Country Head of DBS Bank in Australia as part of the bank’s continued talent and leadership development program. Niraj will focus on growing the DBS franchise there, including improving linkages with South-East Asia and South Asia. Niraj was instrumental in deepening the large corporate franchise across major conglomerates in India as well as refocusing and scaling the SME business. Rajat was Managing Director and Country Head of Commercial Banking, India.


     


      The current Head of Institutional Banking for India, Niraj Mittal, has appointed to a new role as Country Head of DBS Bank in Australia as part of the bank’s continued talent and leadership development program.

     

 

     

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Legendary Indian woman cricketer Jhulan Goswami and former England captain Eoin Morgan and England women's cricket player, Heather Knight have joined the MCC World Cricket Committee (WCC).

Legendary Indian woman cricketer Jhulan Goswami and former England captain Eoin Morgan and England women's cricket player, Heather Knight have joined the MCC World Cricket Committee (WCC). On the other hand, former England captain Alastair Cook stepped down from the MCC to focus on the last few years of his celebrated cricket career. While Cook has retired from international cricket, the England opener continues to play County Championship. Goswami is a former Indian cricketer who retired from the international game last year. Knight has captained England since 2016 and lifted the ICC Women's World Cup at Lord's only a year after taking on the role. Morgan is England's all-time leading run scorer in ODI cricket with just shy of 7,000 runs.


     


     

     

 

     

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Indian-origin British satellite industry expert Aarti Holla-Maini has been appointed by the United Nations secretary general as director of the United Nations Office for Outer Space Affairs (UNOOSA) in Vienna.

Indian-origin British satellite industry expert Aarti Holla-Maini has been appointed by the United Nations secretary general as director of the United Nations Office for Outer Space Affairs (UNOOSA) in Vienna. Aarti will succeed Simonetta Di Pippo of Italy. Aarti, who holds a bachelor’s degree in law with German law from King’s College London and a master's degree in business administration from French business school HEC Paris, spent over 18 years as the secretary-general of the Global Satellite Operators Association. She has 25 years of experience in the aerospace industry, starting at Daimler-Benz Aerospace/EADS (now Airbus) in Germany. She has recently held the role of executive vice-president, sustainability, policy and impact at NorthStar Earth & Space.


     


      Aarti will succeed Simonetta Di Pippo of Italy.

     

 

     

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Piramal Enterprises divested its entire 8.34% stake in non-banking financial company Shriram Finance for Rs4,824 crore through an open market transaction.

Piramal Enterprises divested its entire 8.34% stake in non-banking financial company Shriram Finance for Rs4,824 crore through an open market transaction. According to block deal data available on the National Stock Exchange, Piramal offloaded 31.2 million shares, amounting to an 8.34% per stake in Shriram Finance. The shares were disposed of at an average price of Rs1,545 apiece, taking the transaction size to Rs4,823.71 crore.


     


     

     

 

     

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Union Minister of Fisheries, Animal Husbandry & Dairying, Parshottam Rupala launched 'NANDI - NOC' portal for New Drug and Inoculation System at Krishi Bhawan, New Delhi.

Union Minister of Fisheries, Animal Husbandry & Dairying, Parshottam Rupala launched 'NANDI - NOC' portal for New Drug and Inoculation System at Krishi Bhawan, New Delhi. With this portal, DAHD will facilitate the regulatory approval process with transparency to assess and examine veterinary product proposals will be more streamlined through seamless integration with the SUGAM portal of Central Drugs Standard Control Organization. The launch of the NANDI portal is another notable undertaking following the animal vaccination coverage initiative and Mobile Veterinary Units (MVUs). This initiative would also provide valuable support to researchers and industries from a commercial perspective. In order to expedite regulatory process for approval of animal drugs and vaccines NANDI (NOC Approval for New Drug and Inoculation System) the department has developed NANDI portal through CDAC in coordination with Central Drugs Standard Control Organization (CDSCO).


     


      In order to expedite regulatory process for approval of animal drugs and vaccines NANDI (NOC Approval for New Drug and Inoculation System) the department has developed NANDI portal through CDAC in coordination with Central Drugs Standard Control Organizat

     

 

     

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A new species of jumping spider named β€˜Hasarius Mumbai’ was discovered from the rocks close to the streams at the Bombay Natural History Society’s (BNHS) conservation education centre in Goregaon East, Mumbai.

A new species of jumping spider named β€˜Hasarius Mumbai’ was discovered from the rocks close to the streams at the Bombay Natural History Society’s (BNHS) conservation education centre in Goregaon East, Mumbai. The 33-acre nature reserve, inhabit to the 'jumping spider', is β€œone of the few pristine mixed moist deciduous forest types in India” and shares its boundaries with the biodiverse landscapes Sanjay Gandhi National Park and Film City in Aarey Milk Colony. These are spiders which, instead of trapping their prey in a web, stalk and hunt the prey by pouncing on it. This genus, first discovered in the year 1826, occurs primarily in warm climates.


     


      These are spiders which, instead of trapping their prey in a web, stalk and hunt the prey by pouncing on it. This genus, first discovered in the year 1826, occurs primarily in warm climates.

     

 

     

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India ended its Special Olympics World Games 2023 campaign by winning 202 medals (76 gold, 75 silver and 51 bronze).

India ended its Special Olympics World Games 2023 campaign by winning 202 medals (76 gold, 75 silver and 51 bronze). Indian athletes notched six medals from the track events (2 gold, 3 silver and 1 bronze). It is organised by the Special Olympics organization which is recognised by International Olympic Committee. 2025 edition will be held in Italy. On its penultimate day, the Indian contingent secured 157 medals comprising 66 gold, 50 silver and 41 bronze. Arayan in the 300 meters and Deepen in the 1000 meters were the gold medal-winning roller skaters. The Indian men mixed 5x5 basketball team beat Portugal 6-3 to claim gold.


     


      Indian athletes notched six medals from the track events (2 gold, 3 silver and 1 bronze).

     

 

     

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International Micro, Small & Medium Enterprises (MSME) Day is annually observed on 27th June to recognize the significance of MSMEs and their contribution to the economy.

International Micro, Small & Medium Enterprises (MSME) Day is annually observed on 27th June to recognize the significance of MSMEs and their contribution to the economy. The United Nations General Assembly on 6 April 2017 designated 27 June as Micro-, Small, and Medium-sized Enterprises Day to raise awareness of the contributions of MSMEs to the achievement of the United Nations Sustainable Development Goals (SDGs). On the occasion of International MSME Day 2023, the Ministry of Micro, Small & Medium Enterprises (MSME) organized the 'Udyami Bharat-MSME Day' event, aimed at celebrating and promoting the growth and development of MSMEs. The Ministry of MSME launched various initiatives for growth and development of MSMEs such as CHAMPIONS 2.0 Portal and Mobile App for Geo-tagging of Cluster Projects and Technology Centers. During the programme results for 'MSME Idea Hackathon 2.0' was declared and 'MSME Idea Hackathon 3.0' for Women Entrepreneurs was launched.


     


      The United Nations General Assembly on 6 April 2017 designated 27 June as Micro-, Small, and Medium-sized Enterprises Day to raise awareness of the contributions of MSMEs to the achievement of the United Nations Sustainable Development Goals (SDGs).

     

 

     

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United Nations Secretary-General AntΓ³nio Guterres appointed Haoliang Xu of China as Under-Secretary-General and Associate Administrator of the United Nations Development Programme (UNDP).

United Nations Secretary-General AntΓ³nio Guterres appointed Haoliang Xu of China as Under-Secretary-General and Associate Administrator of the United Nations Development Programme (UNDP). He will succeed Usha Rao-Monari of India. Mr. Xu has been serving as the Assistant Secretary-General and Director of the Bureau for Policy and Programme Support, UNDP since 2019. His extensive background also includes his time as the UNDP Assistant Administrator and Director of the Regional Bureau for Asia and the Pacific, a position he held between 2013 and 2019.


     


      He will succeed Usha Rao-Monari of India.

     

 

     

__________________________________________

The Indian Air Force (IAF) conducted Exercise β€˜Ranvijay’ with a focus on integration.

The Indian Air Force (IAF) conducted Exercise β€˜Ranvijay’ with a focus on integration. It was conducted from different air bases of the command headquarters of IAF in Prayagraj. The major focus of this exercise was on integrated operations while optimally exploiting the Electronic Warfare capabilities of the Indian Air Force (IAF). This exercise involved the execution of full spectrum operations by all combat assets.


     


      The major focus of this exercise was on integrated operations while optimally exploiting the Electronic Warfare capabilities of the Indian Air Force (IAF).

     

 

     

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Three multilateral development banks, the African Development Bank, European Investment Bank (EIB), and the Islamic Development Bank (IsDB), have partnered with the World Health Organization (WHO) to launch the new Health Impact Investment Platform.

Three multilateral development banks, the African Development Bank, European Investment Bank (EIB), and the Islamic Development Bank (IsDB), have partnered with the World Health Organization (WHO) to launch the new Health Impact Investment Platform. This is aimed at investing in and strengthening essential, climate and crisis-resilient primary healthcare services in low- and low-and-middle-income countries. The platform, launched during the Summit for a New Global Financing Pact being held in Paris, will make an initial €1.5 billion available to low- and low-and-middle-income countries in concessional loans and grants. The Platform’s secretariat will support governments in developing national health and prioritize primary healthcare investment plans. It will also aim to catalyse wider primary healthcare investments in support of government health strategies.


     


      The platform, launched during the Summit for a New Global Financing Pact being held in Paris, will make an initial €1.5 billion available to low- and low-and-middle-income countries in concessional loans and grants.

     

 

     

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As per 2023 World Drug Report launched by the United Nations Office on Drugs and Crime (UNODC), Over 296 million people globally used drugs in 2021, an increase of 23 percent over the previous decade.

As per 2023 World Drug Report launched by the United Nations Office on Drugs and Crime (UNODC), Over 296 million people globally used drugs in 2021, an increase of 23 percent over the previous decade. In the same vein, the number of people who suffer from drug use disorders has skyrocketed to 39.5 million, a 45 percent increase over 10 years. In Africa, 70 percent of people in treatment are under the age of 35. The estimate of people who inject drugs in 2021 stands at a staggering 13.2 million, representing an 18% increase compared to previous estimates.


     


      The estimate of people who inject drugs in 2021 stands at a staggering 13.2 million, representing an 18% increase compared to previous estimates.

     

 

     

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The World Bank has granted its approval for a USD 255.5 million loan aimed at enhancing the quality of technical education in government-run institutions across India.

The World Bank has granted its approval for a USD 255.5 million loan aimed at enhancing the quality of technical education in government-run institutions across India. This funding will support around 275 selected government-run technical institutions over the course of the next 5 years, benefiting more than 350,000 students annually. The Multidisciplinary Education and Research Improvement in Technical Education Project will focus on improving student skills and employability through various measures.


     


      This funding will support around 275 selected government-run technical institutions over the course of the next 5 years, benefiting more than 350,000 students annually.

     

 

     

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Infosys has signed a strategic collaboration deal with Danske Bank to accelerate the bank’s digital transformation initiatives.

Infosys has signed a strategic collaboration deal with Danske Bank to accelerate the bank’s digital transformation initiatives. The $454 million deal will be in force for a period of 5 years with an option to renew for one additional year for a maximum of three times. This collaboration will help Danske Bank achieve its strategic priorities towards better customer experiences, operational excellence, and a modernised technology landscape, powered by next-gen solutions. Infosys will also acquire Danske Bank’s IT centre in India, where over 1,400 professionals are employed. Headquartered in Denmark, Danske Bank provides banking services to personal and business customers, as well as large corporate and institutional customers.


      Infosys has signed a strategic collaboration deal with Danske Bank to accelerate the bank’s digital transformation initiatives.


      The $454 million deal will be in force for a period of 5 years with an option to renew for one additional year for a maximum of three times.

      Headquartered in Denmark, Danske Bank provides banking services to personal and business customers, as well as large corporate and institutional customers.

 

     

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Five exceptional young scientists from Argentina, Cameroon, China, Egypt and Serbia received the prestigious UNESCO-AI Fozan International Prize for the Promotion of Young Scientists in Science, Technology, Engineering and Mathematics (STEM) during a cere

Five exceptional young scientists from Argentina, Cameroon, China, Egypt and Serbia received the prestigious UNESCO-AI Fozan International Prize for the Promotion of Young Scientists in Science, Technology, Engineering and Mathematics (STEM) during a ceremony at UNESCO headquarters in Paris, France. Each laureate took home prize money of US$50,000 and a medal. This is the first edition of the biennial prize, which was established by UNESCO in 2021 in partnership with the Al–Fozan Foundation in Saudi Arabia. The jury was composed of three scientists: Dr Edna Matta-Camacho; Professor Didier Queloz (Switzerland); and Dr Fadji Zaouna Maina (Niger). The winners are: Dr Federico ARIEL; Professor Abdon ATANGANA; Professor Qiaomei FU; Dr Hesham OMRAN; Dr Jelena VLADIC.


     


      Each laureate took home prize money of US$50,000 and a medal.

     

 

     

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Center-right leader Kyriakos Mitsotakis was formally sworn in as Greece’s prime minister after easily winning a second term.

Center-right leader Kyriakos Mitsotakis was formally sworn in as Greece’s prime minister after easily winning a second term. With 99.7% of the vote counted, Mitsotakis’ New Democracy party had 40.55%, more than twice the 17.84% garnered by left-wing opposition party Syriza. Mitsotakis is a former banker and comes from a powerful political family. Mitsotakis became the PM for the first time in 2019.


     


      Mitsotakis became the PM for the first time in 2019.

     

 

     

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The Bharatiya Janata Party (BJP) senior leader and Rajya Sabha member from Uttar Pradesh Hardwar Dubey passed away in New Delhi.

The Bharatiya Janata Party (BJP) senior leader and Rajya Sabha member from Uttar Pradesh Hardwar Dubey passed away in New Delhi. He was a sitting MP elected to the Rajya Sabha in November 2020. The late Dubey, was also elected as a member of Uttar Pradesh Legislative Assembly from Agra Cantonment assembly segment in 1990s and served as a minister in the Kalyan Singh ministry in 1991.


     


     

     

 

     

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Pune’s Inter-University Center for Astronomy and Astrophysics (IUCAA) has delivered the Solar Ultraviolet Imaging Telescope (SUIT) to the Indian Space Research Organisation (ISRO).

Pune’s Inter-University Center for Astronomy and Astrophysics (IUCAA) has delivered the Solar Ultraviolet Imaging Telescope (SUIT) to the Indian Space Research Organisation (ISRO). SUIT will be launched onboard India's maiden mission to explore the Sun, 'Aditya L-1', in the coming months. It is one of the seven instruments being launched outside Earth with the mission to unravel the secrets of the Sun. The Solar Ultraviolet Imaging Telescope (SUIT), designed by scientists at IUCAA, will study the Sun's ultraviolet (UV) emissions and capture high-resolution images of the Sun's atmosphere, known as the corona, in various UV wavelengths.


     


      It is one of the seven instruments being launched outside Earth with the mission to unravel the secrets of the Sun.

     

 

     

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John Bannister Goodenough, the co-inventor of lithium-ion batteries and the co-winner of the 2019 Nobel Prize in Chemistry, passed away.

John Bannister Goodenough, the co-inventor of lithium-ion batteries and the co-winner of the 2019 Nobel Prize in Chemistry, passed away. The Nobel Prize winner, who was born in Germany, was also instrumental in the invention of computer RAMs. Post his mathematics study at Yale University, he went on to join the US Army as a meteorologist during WWII.


     


     

     

 

     

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Journalist Kasturi Ray authored a book titled β€œDroupadi Murmu: From Tribal Hinterlands to Raisina Hills”.

Journalist Kasturi Ray authored a book titled β€œDroupadi Murmu: From Tribal Hinterlands to Raisina Hills”. The book tells the inspiring story of a tribal girl who overcame obstacles to become a symbol of resilience, determination, and perseverance. Kasturi Ray is an experienced journalist with a career spanning over 28 years in various forms of media such as print, broadcast, and digital. She currently holds the position of senior news editor at The New Indian Express in Bhubaneswar.


     


      Kasturi Ray is an experienced journalist with a career spanning over 28 years in various forms of media such as print, broadcast, and digital.

     

 

     

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NHPC Limited has signed a Memorandum of Understanding with GRIDCO Ltd, Government of Odisha, for Development of Pumped Storage Projects (PSPs) and Renewable Energy in the State of Odisha.

NHPC Limited has signed a Memorandum of Understanding with GRIDCO Ltd, Government of Odisha, for Development of Pumped Storage Projects (PSPs) and Renewable Energy in the State of Odisha. The MoU envisages setting up Self-identified Pumped Storage Projects of at least 2,000 MW and Renewable Energy Projects (Ground-Mounted Solar Projects / Floating Solar Projects) of at least 1,000 MW in the state. The MoU was signed by Executive Director (Strategy Business Development and Consultancy), NHPC, Rajat Gupta and Managing Director, GRIDCO Limited, Trilochan Panda.


     


      The MoU envisages setting up Self-identified Pumped Storage Projects of at least 2,000 MW and Renewable Energy Projects (Ground-Mounted Solar Projects / Floating Solar Projects) of at least 1,000 MW in the state.

     

 

     

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World Refrigeration Day is annually celebrated on a global scale on June 26 to celebrate and appreciate the refrigeration sector for making our lives better than ever before.

World Refrigeration Day is annually celebrated on a global scale on June 26 to celebrate and appreciate the refrigeration sector for making our lives better than ever before. The day was chosen to celebrate the birth date of Lord Kelvin on 26 June 1824. World Refrigeration Day was first celebrated in 2019, initiated by the International Institute of Refrigeration (IIR) along with other industry associations and professionals. The day was established to honor the contribution of refrigeration and air conditioning technologies in various sectors such as healthcare, food preservation, agriculture, and many more. The theme for World Refrigeration Day 2023 is 'Next Generation Cooling: The Future is in Our hands'.


      World Refrigeration Day is annually celebrated on a global scale on June 26 to celebrate and appreciate the refrigeration sector for making our lives better than ever before.


      World Refrigeration Day was first celebrated in 2019, initiated by the International Institute of Refrigeration (IIR) along with other industry associations and professionals.

      The theme for World Refrigeration Day 2023 is 'Next Generation Cooling: The Future is in Our hands'.

 

     

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International Day Against Drug Abuse and Illicit Trafficking is annually observed on June 26, also known as World Drug Day.

International Day Against Drug Abuse and Illicit Trafficking is annually observed on June 26, also known as World Drug Day. It's aim to strengthen action and cooperation in achieving a world free of drug abuse. The theme of International Day Against Drug Abuse And Illicit Trafficking 2023 is β€˜People first: stop stigma and discrimination, strengthen prevention’. According to United Nations, by resolution 42/112 of 7 December 1987, the General Assembly decided to observe 26 June as the International Day against Drug Abuse and Illicit Trafficking.


     


      The theme of International Day Against Drug Abuse And Illicit Trafficking 2023 is β€˜People first: stop stigma and discrimination, strengthen prevention’.

     

 

     

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The Day of the Seafarer is annually observed on 25th June.

The Day of the Seafarer is annually observed on 25th June. The International Maritime Organization (IMO), which is a specialized agency of the United Nations, founded the International Day of the Seafarer, the first of which occurred in 2011. The theme/Campaign theme of Day of the Seafarer 2023 is β€œSeafarers, MARPOL, and the Marine Environment”.


     


      The theme/Campaign theme of Day of the Seafarer 2023 is β€œSeafarers, MARPOL, and the Marine Environment”.

     

 

     

__________________________________________

Life Insurance Corporation (LIC) has reduced its stake in iron ore producer NMDC to 9.62 percent by selling a little over 2 percent stake for about Rs 649 crore.

Life Insurance Corporation (LIC) has reduced its stake in iron ore producer NMDC to 9.62 percent by selling a little over 2 percent stake for about Rs 649 crore. The insurer sold over 6.06 crore shares or 2.07 percent stake in NMDC between March 14 and June 20 at an average price of Rs107.59 a share via open market sale. LIC shareholding in NMDC has decreased from 11.69 percent to 9.62 percent.


     


      LIC shareholding in NMDC has decreased from 11.69 percent to 9.62 percent.

     

 

     

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The Women and Child Development Ministry has discontinued two autonomous bodies that function under it, as well as an internal division.

The Women and Child Development Ministry has discontinued two autonomous bodies that function under it, as well as an internal division. This includes the autonomous bodies Rashtriya Mahila Kosh (RMK) and Central Social Welfare Board (CSWB), as well as the internal division Food and Nutrition Board (FNB). These closures are part of the rationalisation exercise by the Centre to shut down departments and sections that no longer have relevance in the current scenario. RMK and CSWB are among the six autonomous bodies under the WCD ministry. The others being the National Institute of Public Cooperation and Child Development (NIPCCD), National Commission for Women (NCW), National Commission for Protection of Child Rights (NCPCR) and Central Adoption Resource Authority (CARA).


     


      This includes the autonomous bodies Rashtriya Mahila Kosh (RMK) and Central Social Welfare Board (CSWB), as well as the internal division Food and Nutrition Board (FNB).

     

 

     

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In a first in India, hydrogen-powered trains are expected to start from Haryana’s Jind district by the end December 2023 and first hydrogen plant of the country is being set up in the district.

In a first in India, hydrogen-powered trains are expected to start from Haryana’s Jind district by the end December 2023 and first hydrogen plant of the country is being set up in the district. India’s first hydrogen plant is being set up near the railway junction in Jind district. The plant development has entered the final phase and hydrogen will be produced from water. The first prototype of the hydrogen train is expected to commence in the fiscal of 2023-2024 between Jind-Sonipat section of Northern Railway. The first prototype of the hydrogen train is expected to commence in the fiscal of 2023-2024 between Jind-Sonipat section of Northern Railway.


     


      India’s first hydrogen plant is being set up near the railway junction in Jind district.

     

 

     

__________________________________________

India and UAE signed Mutual Recognition Arrangement (MRA) for authorised economic operators (AEOs) of both countries.

India and UAE signed Mutual Recognition Arrangement (MRA) for authorised economic operators (AEOs) of both countries. The AEO programme enables Customs administration to identify safe and compliant exporters and importers and to provide them better facilitation. Under MRA, Customs authorities recognise AEOs of both countries, which in turn helps expedite customs clearances. In pursuance of greater trade facilitation & ease of doing business, India & UAE signed the Mutual Recognition Arrangement for Authorised Economic Operators of both countries, on sidelines of the 141st/142nd sessions of WCO Customs Co-operation Council meeting, in Brussels. Earlier in September 2021, India and the US had signed a MRA AEO.


     


      Earlier in September 2021, India and the US had signed a MRA AEO.

     

 

     

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Poor countries will be able to pause their debt repayments if hit by climate disaster, under plans announced by the World Bank at the New Global Finance summit in Paris.

Poor countries will be able to pause their debt repayments if hit by climate disaster, under plans announced by the World Bank at the New Global Finance summit in Paris. It would insert new clauses in any agreements with developing countries, allowing them to suspend debt payments in the case of extreme weather events, starting with some of the poorest and most vulnerable nations. International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced that IMF has reached its target of making $100 billion in special drawing rights available for vulnerable countries. Rich countries agreed in 2021 to rechannel some of their unused IMF special drawing rights, an international reserve currency, to poor countries.


     


      International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced that IMF has reached its target of making $100 billion in special drawing rights available for vulnerable countries.

     

 

     

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Bengaluru has ranked 20th in Startup Genome’s The Global Startup Ecosystems Report (GSER) 2023.

Bengaluru has ranked 20th in Startup Genome’s The Global Startup Ecosystems Report (GSER) 2023. While Silicon Valley remained on top, New York City and London were tied at No 2. Pune has moved into the 31Β­40 range in 2023, from 51–60 in 2022. Other Indian cities such as New Delhi and Mumbai were ranked 24th and 31st, respectively. Boston and Beijing have both slipped out of the top five to 6th and 7th respectively. The GSER 2023 is based on extensive research and analysis of data from 3.5 million startups across 290 global ecosystems and over a decade of independent research and providing policy advice to more than 145 clients in over 50 countries to date.


     


      While Silicon Valley remained on top, New York City and London were tied at No 2.

     

 

     

__________________________________________

SpaceX launched yet another large batch of 47 Starlink internet satellites.

SpaceX launched yet another large batch of 47 Starlink internet satellites. A Falcon 9 rocket of the space firm will lift off from California's Vandenberg Space Force Base with the 47 Starlink satellites. The upper stage of the rocket continued to carry the 47 Starlink satellites. This is the third launch and landing for this particular booster rocket. With this launch, SpaceX has now launched 4,642 Starlink satellites, and of those, 3,688 are in their operational orbits.


     


      This is the third launch and landing for this particular booster rocket.

     

 

     

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Aditya Birla Sun Life Insurance Company Limited (ABSLI), a subsidiary of Aditya Birla Capital Limited (ABCL), has launched a new retirement solution called 'ABSLI Nishchit Pension Plan'.

Aditya Birla Sun Life Insurance Company Limited (ABSLI), a subsidiary of Aditya Birla Capital Limited (ABCL), has launched a new retirement solution called 'ABSLI Nishchit Pension Plan'. This plan is a non-linked, non-participating individual pension plan that allows policyholders to plan for their retirement by accumulating a 100% guaranteed corpus. The ABSLI Nishchit Pension Plan has a maximum entry age of 65 years, and a minimum entry age of 30 years. The minimum annualised premium is Rs20,000. The maximum vesting age, that is the age at which the individual starts receiving the pension is 75 years, whereas the minimum vesting age is 45 years.


     


      The ABSLI Nishchit Pension Plan has a maximum entry age of 65 years, and a minimum entry age of 30 years.

     

 

     

__________________________________________

Manipal Technologies Limited (MTL) has partnered with Indian Bank to drive financial inclusion by offering customised banking products.

Manipal Technologies Limited (MTL) has partnered with Indian Bank to drive financial inclusion by offering customised banking products. The partnership aims to build a sustainable network of corporate business correspondents (CBCs) that will enhance the availability, affordability, and accessibility of financial services, particularly in underserved markets and rural areas. The initial focus will be serving more than 600 locations and gradually expanding the presence in newer regions in states such as Tamil Nadu, Chhattisgarh, Uttar Pradesh, Kerala, Maharashtra, Haryana, and Punjab. The bank reported a 47 percent rise in net profit to Rs1,447 crore for the March quarter, helped by a decline in bad loans and a rise in interest income. For the year ended March 2023, the Chennai-based lender’s profit increased by 34 percent to Rs5,282 crore against Rs3,945 crore in FY2022.


     


      The initial focus will be serving more than 600 locations and gradually expanding the presence in newer regions in states such as Tamil Nadu, Chhattisgarh, Uttar Pradesh, Kerala, Maharashtra, Haryana, and Punjab.

     

 

     

__________________________________________

The Sahitya Akademi has announced a list of 22 recipients of its Bal Sahitya Puraskar and 20 winners of its Yuva Puraskar for the year 2023.

The Sahitya Akademi has announced a list of 22 recipients of its Bal Sahitya Puraskar and 20 winners of its Yuva Puraskar for the year 2023. In the Hindi language category, Suryanath Singh won the Bal Sahitya Puraskar for his collection of short stories, β€˜Kotuk App’. In Marathi language, Eknath Avhad has won the Bal Sahitya Puraskar for his β€˜Chhand Dei Aanand’ while Vishakha Vishwanath has won the Yuva Puraskar for β€˜Swatahala Swataviruddh Ubhe Kartana’. Renowned children’s author Sudha Murty won Bal Sahitya Puraskar for her collection of stories titled β€˜Grandparents’ Bag of Stories’. Anirudh Kanisetti received the Yuva Puraskar for his work 'Lords Of The Deccan: Southern India From Chalukyas To Cholas', while Atul Kumar Rai was awarded in the Hindi language category for his novel 'Chandpur ki Chanda'.


      The Sahitya Akademi has announced a list of 22 recipients of its Bal Sahitya Puraskar and 20 winners of its Yuva Puraskar for the year 2023.


      In the Hindi language category, Suryanath Singh won the Bal Sahitya Puraskar for his collection of short stories, β€˜Kotuk App’.

      Renowned children’s author Sudha Murty won Bal Sahitya Puraskar for her collection of stories titled β€˜Grandparents’ Bag of Stories’.

 

     

__________________________________________

For the 2nd consecutive year, Forbes has ranked Tata group’s brand custodian Harish Bhat as among the top 10 most influential CMOs (chief marketing officers).

For the 2nd consecutive year, Forbes has ranked Tata group’s brand custodian Harish Bhat as among the top 10 most influential CMOs (chief marketing officers). He is ranked 10th on the list. He was at the 9th position in 2022. The 2023 list of the top 50 CMOs was announced in Cannes at a special luncheon event held at the Carlton hotel. Bhat joined the Tata Group in 1987. He is also chairman of Tata Coffee, and a director on the boards of several other Tata Companies.


     


      Bhat joined the Tata Group in 1987. He is also chairman of Tata Coffee, and a director on the boards of several other Tata Companies.

     

 

     

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Union Sports Minister Anurag Singh Thakur flagged off "Bharat in Paris" campaign with a short marathon at Jawaharlal Nehru Stadium in New Delhi.

Union Sports Minister Anurag Singh Thakur flagged off "Bharat in Paris" campaign with a short marathon at Jawaharlal Nehru Stadium in New Delhi. The campaign has been launched by Indian Olympic Association (IOA) to create awareness and promote sports across India ahead of the Paris Olympics games. The 2024 Olympics will be held from 26 July to 11 August in France, at Paris. The Target Olympic Podium Scheme was launched in 2014-15 and government bears all the expenses of boarding, lodging and training of top athletes in their country and abroad.


     


      The 2024 Olympics will be held from 26 July to 11 August in France, at Paris.

     

 

     

__________________________________________

The Indian Institute of Technology Kanpur (IIT-K) has conducted a test flight for cloud seeding to help create conditions for rain which would help to combat dry conditions and air pollution.

The Indian Institute of Technology Kanpur (IIT-K) has conducted a test flight for cloud seeding to help create conditions for rain which would help to combat dry conditions and air pollution. The experiment was conducted with due approval from the DGCA (Directorate General of Civil Aviation). The project was initiated a few years ago and is headed by the Computer Science and Engineering Department of IIT Kanpur. The flight went up to an approximate height of 5,000 feet.


     


      The project was initiated a few years ago and is headed by the Computer Science and Engineering Department of IIT Kanpur.

     

 

     

__________________________________________

The Kerala Department of Industries and Commerce has signed an MoU with the Open Network for Digital Commerce (ONDC), introduced by the Central government’s Department for Promotion of Industry and Internal Trade, to increase business opportunities in var

The Kerala Department of Industries and Commerce has signed an MoU with the Open Network for Digital Commerce (ONDC), introduced by the Central government’s Department for Promotion of Industry and Internal Trade, to increase business opportunities in various sectors by facilitating digital transformation. Minister for Law, Industries & Coir P. Rajeeve also introduced the products of PSUs on the e-commerce platform at an event. 9 companies have signed agreements with ONDC and 220 products of PSUs are available on the platform currently. Products of MSMEs will be made available on ONDC platform in the next phase and workshops will be conducted in all taluks to create awareness on the possibilities offered by ONDC.


     


      9 companies have signed agreements with ONDC and 220 products of PSUs are available on the platform currently.

     

 

     

__________________________________________

Paytm Payment Services Limited (PPSL) signed an MoU with Arunachal Pradesh Innovation and Investment Park (APIIP) to create a startup ecosystem for the youth in the northeastern state.

Paytm Payment Services Limited (PPSL) signed an MoU with Arunachal Pradesh Innovation and Investment Park (APIIP) to create a startup ecosystem for the youth in the northeastern state. According to the MoU, Paytm Incubation Centre will provide its product to early-stage startups at a discounted price and offer free credits through the Paytm Startup toolkit to aid the business ventures of youths in their early stage of growth. The MoU was signed at the Arunachal Pradesh Innovation & Investment Park, the first state-owned marquee incubator here in the presence of its CEO Tabe Haidar. Paytm is India's payment app, which offers consumers and merchants payment services.


     


      The MoU was signed at the Arunachal Pradesh Innovation & Investment Park, the first state-owned marquee incubator here in the presence of its CEO Tabe Haidar.

     

 

     

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Indian Overseas Bank (IOB) has signed a MoU with the Tamil Nadu State Rural Livelihood Mission (TNSRLM) to foster the growth of Self Help Groups (SHGs) in the State and provide them with vital financial support.

Indian Overseas Bank (IOB) has signed a MoU with the Tamil Nadu State Rural Livelihood Mission (TNSRLM) to foster the growth of Self Help Groups (SHGs) in the State and provide them with vital financial support. Under the terms of the MoU, TNSRLM will facilitate eligible SHGs for credit linkage with IOB. This strategic collaboration aims to streamline access to financial resources for SHGs, enabling them to undertake entrepreneurial activities, expand their ventures, and contribute to the economic development of the State. The collaboration is expected to catalyse the growth of SHGs targeting Rs1,875 crore and increase the disbursal under DAY-NRLM (Deendayal Antyodaya Yojana-National Rural Livelihoods Mission) during this fiscal.


     


      Under the terms of the MoU, TNSRLM will facilitate eligible SHGs for credit linkage with IOB.

     

 

     

__________________________________________

Rajasthan government has launched the India’s first Pregnancy, Child Tracking & Health Services Management System (PCTS) mobile monitoring app to keep track of the health facilities provided to the pregnant and children daily.

Rajasthan government has launched the India’s first Pregnancy, Child Tracking & Health Services Management System (PCTS) mobile monitoring app to keep track of the health facilities provided to the pregnant and children daily. The ASHA workers will now be updated about the status of the health facilities provided to the women and the children. They will have the schedule of the vaccination of every woman and child. This app will strengthen the entire health service system for the women and children in the state resulting in a better health index. This app will be the first to include the ASHA workers, who work with the people belonging to the grassroot level in the state and therefore it will help to improve the overall health system of the state.


      Rajasthan government has launched the India’s first Pregnancy, Child Tracking & Health Services Management System (PCTS) mobile monitoring app to keep track of the health facilities provided to the pregnant and children daily.


      The ASHA workers will now be updated about the status of the health facilities provided to the women and the children.

      This app will be the first to include the ASHA workers, who work with the people belonging to the grassroot level in the state and therefore it will help to improve the overall health system of the state.

 

     

__________________________________________

The Director-General of the World Health Organization (WHO), Dr Tedros Ghebreyesus, was presented with the Olympic Order by International Olympic Committee (IOC) President Thomas Bach.

The Director-General of the World Health Organization (WHO), Dr Tedros Ghebreyesus, was presented with the Olympic Order by International Olympic Committee (IOC) President Thomas Bach. The award ceremony was held at Olympic House in Lausanne, Switzerland. At the same time, the IOC honoured the WHO, as an organisation, with the Olympic Cup for 2021. Leading the WHO, Dr Tedros played an inspirational role in ensuring the Olympic Games Tokyo 2020 took place, and supported the cooperation agreement between the IOC and the WHO signed in 2020.


     


      At the same time, the IOC honoured the WHO, as an organisation, with the Olympic Cup for 2021.

     

 

     

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The Bureau of Indian Standards (BIS) has published IS 18267: 2023 "Food Serving Utensils Made from Agri By-Products – Specification," to reducing plastic pollution and promoting sustainability.

The Bureau of Indian Standards (BIS) has published IS 18267: 2023 "Food Serving Utensils Made from Agri By-Products – Specification," to reducing plastic pollution and promoting sustainability. The standard provides comprehensive guidelines to manufacturers and consumers, ensuring uniformity in quality requirements across the country. Disposable plate’s market size was valued at USD 4.26 Billion in 2020 and is projected to reach USD 6.73 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.94% from 2021 to 2028.


     


      Disposable plate’s market size was valued at USD 4.26 Billion in 2020 and is projected to reach USD 6.73 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.94% from 2021 to 2028.

     

 

     

__________________________________________

Olympic Day is an international is annually observed on June 23rd to commemorates the founding of the modern Olympic Games by Pierre de Coubertin.

Olympic Day is an international is annually observed on June 23rd to commemorates the founding of the modern Olympic Games by Pierre de Coubertin. It aims to promote participation in sports and physical activities, as well as the Olympic values of excellence, friendship, and respect. The first International Olympic Day was celebrated on June 23, 1948. The idea of establishing Olympic Day originated from a proposal by the International Olympic Committee (IOC) in 1947. The theme of Olympic Day 2023 is 'Let's Move'.


      Olympic Day is an international is annually observed on June 23rd to commemorates the founding of the modern Olympic Games by Pierre de Coubertin.


      The first International Olympic Day was celebrated on June 23, 1948.

      The theme of Olympic Day 2023 is 'Let's Move'.

 

     

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A Memorandum of Understanding (MoU) was signed between Indian Railways, Government of India and United States Agency for International Development/India (USAID/India) for collaboration on Renewable energy and Energy Efficiency.

A Memorandum of Understanding (MoU) was signed between Indian Railways, Government of India and United States Agency for International Development/India (USAID/India) for collaboration on Renewable energy and Energy Efficiency. The MoU was signed by Naveen Gulati, Member (Traction and Rolling Stock), Railway Board, Indian Railways and Ms Isabel Coleman, Deputy Administrator, USAID, in the presence of Anil Kumar Lahoti, Chairman & CEO, Railway Board. The collaboration of Indian Railways with USAID, India will go a long way in helping Indian Railways to achieve Net Zero Carbon Emission by 2030. USAID is an agency of the US Government that supports international development and advances its Mission objectives by supporting economic growth, agriculture and trade, clean energy, climate change mitigation and adaptation, global health, democracy and conflict mitigation and management, and humanitarian assistance.


     


      The collaboration of Indian Railways with USAID, India will go a long way in helping Indian Railways to achieve Net Zero Carbon Emission by 2030.

     

 

     

__________________________________________

India and Belgium have signed a Mutual Legal Assistance Treaty (MLAT) allowing Belgian authorities to execute search warrants issued by Indian courts and summon suspects.

India and Belgium have signed a Mutual Legal Assistance Treaty (MLAT) allowing Belgian authorities to execute search warrants issued by Indian courts and summon suspects. The documents found during searches on any suspect in Belgium will be forwarded to India, according to the MLAT between two countries. With the MLAT in place, Belgian authorities will have the authority to execute search warrants issued by Indian courts and summon suspects for further investigation. Under the MLAT, the Indian government has made arrangements with the Kingdom of Belgium to serve and execute summons and search warrants related to criminal matters.


     


      The documents found during searches on any suspect in Belgium will be forwarded to India, according to the MLAT between two countries.

     

 

     

__________________________________________

The Indian Institute of Science (IISc) Bengaluru has secured the highest position among Indian universities in Times Higher Education’s (THE) Asia University Rankings 2023 with 48th position.

The Indian Institute of Science (IISc) Bengaluru has secured the highest position among Indian universities in Times Higher Education’s (THE) Asia University Rankings 2023 with 48th position. India has one university in the top 50, four universities in the top 100, and a total of 18 universities in the top 200 in 2023. Following IISc, the second-highest ranked Indian university is JSS Academy of Higher Education and Research, positioned at 68th in Asia. Kottayam's Mahatma Gandhi University was the only other Indian university in the top 100. It stood at the 95th spot. In the full list, China's Tsinghua University retained the top spot for the fourth year in a row. In second place was another Chinese university, Peking University, which also retained the spot for the fourth year in a row. The third place went to the National University of Singapore, which also maintained its position for the fourth consecutive year. Most universities in the rankings came from Japan (117), followed by China (95), India (75), Iran (65) and Turkey (61).


      The Indian Institute of Science (IISc) Bengaluru has secured the highest position among Indian universities in Times Higher Education’s (THE) Asia University Rankings 2023 with 48th position.


      Following IISc, the second-highest ranked Indian university is JSS Academy of Higher Education and Research, positioned at 68th in Asia.

      In the full list, China's Tsinghua University retained the top spot for the fourth year in a row.

 

     

__________________________________________

The Austrian capital Vienna has been named as the world's "most livable city" for 2023 in Global Livability Index 2023.

The Austrian capital Vienna has been named as the world's "most livable city" for 2023 in Global Livability Index 2023. Vienna retained the top spot on the chart due to a combination of livability factors in the city, including stability, culture, entertainment reliable infrastructure, and exemplary education and health services. Copenhagen in Denmark took second place, while Melbourne and Sydney in Australia grabbed the third and fourth spot in 2023 rankings. Damascus (Syria) and Tripoli (Libya) are at the bottom of the list. In 2023, the index covered 172 cities and for the second year in a row. From India, New Delhi and Mumbai are at 141st position and Chennai at 144th. Ahmedabad and Bengaluru are ranked 147 and 148, respectively, in the EIU list.


      The Austrian capital Vienna has been named as the world's "most livable city" for 2023 in Global Livability Index 2023.


      Copenhagen in Denmark took second place, while Melbourne and Sydney in Australia grabbed the third and fourth spot in 2023 rankings.

      From India, New Delhi and Mumbai are at 141st position and Chennai at 144th.

 

     

__________________________________________

The Asian Development Bank (ADB) has approved a $295 million loan to widen and upgrade around 265KM of state highways, improving transport connectivity and safety in the state of Bihar in India.

The Asian Development Bank (ADB) has approved a $295 million loan to widen and upgrade around 265KM of state highways, improving transport connectivity and safety in the state of Bihar in India. The highways will be upgraded with climate- and disaster-resilient design, road safety elements, and other features that will respond to the needs of the elderly, women, children, and people with disabilities. The project will also encourage women’s participation by providing employment to female workers in construction works. The government is contributing $156.6 million to the project. Since 2008, ADB has provided five loans totaling $1.63 billion to the state of Bihar.


      The Asian Development Bank (ADB) has approved a $295 million loan to widen and upgrade around 265KM of state highways, improving transport connectivity and safety in the state of Bihar in India.


      The government is contributing $156.6 million to the project.

      Since 2008, ADB has provided five loans totaling $1.63 billion to the state of Bihar.

 

     

__________________________________________

National Payments Corporation of India (NPCI) and Meesho are the only two Indian companies that made it to TIME’s list of 100 Most Influential Companies 2023 released.

National Payments Corporation of India (NPCI) and Meesho are the only two Indian companies that made it to TIME’s list of 100 Most Influential Companies 2023 released. Polygon Labs, chipmaker Nvidia, Elon Musk’s SpaceX, Apple, Sam Altman’s OpenAI, footwear maker Crocs, Samsung, Microsoft, and luxury fashion brand LVMH were other companies to feature on the list. NPCI is expanding internationally with several countries, including Singapore and UAE, now accepting UPI payments. The shopping app Meesho was launched in 2015 by Vidit Aatrey and Sanjeev Barnwal and is headquartered in Bangalore, Karnataka.


     


      The shopping app Meesho was launched in 2015 by Vidit Aatrey and Sanjeev Barnwal and is headquartered in Bangalore, Karnataka.

     

 

     

__________________________________________

The 'PM-Kisan Mobile App' with Face Authentication Feature was launched by Union Agriculture and Farmers’ Welfare Minister Narendra Singh Tomar under the central government's ambitious and popular scheme for income support to farmers "Pradhan Mantri Kisan

The 'PM-Kisan Mobile App' with Face Authentication Feature was launched by Union Agriculture and Farmers’ Welfare Minister Narendra Singh Tomar under the central government's ambitious and popular scheme for income support to farmers "Pradhan Mantri Kisan Samman Nidhi". The work has become much easier by using technology the GoI developed this App. The Government of India has made all the necessary facilities available to the states. The program was coordinated by the departmental advisor Shri Manoj Kumar Gupta. Efforts will also be made to connect more and more farmers with the app through the youth and on the basis of the prescribed criteria, certificates will be given by the Ministry of Agriculture and Farmers’ Welfare to the youth who help in this. PM Kisan is one of the world's largest DBT schemes in which farmers get 6000 rupees directly transferred through Aadhaar-linked bank accounts in three instalments in a year.


     


      PM Kisan is one of the world's largest DBT schemes in which farmers get 6000 rupees directly transferred through Aadhaar-linked bank accounts in three instalments in a year.

     

 

     

__________________________________________

Skyroot Aerospace successfully conducted the flight qualification test of the Raman-I engine, intended for roll attitude control in the Vikram-I rocket.

Skyroot Aerospace successfully conducted the flight qualification test of the Raman-I engine, intended for roll attitude control in the Vikram-I rocket. The Raman-I engine underwent a test fire at the Liquid Propulsion Systems Centre of the Indian Space Research Organisation (ISRO). It is the first-ever test conducted at the Liquid Propulsion Systems Centre (LPSC) of ISRO by a private company. The Raman-I engine will be employed for roll attitude control, which helps in managing the rocket's rotation and orientation. The indigenous Vikram-S was launched from the Satish Dhawan Space Center in Sriharikota, marking India's entry into commercial space exploration. Skyroot has been developing three variants of the Vikram rocket. Vikram-I can carry 480 kg of payload to low earth orbit, Vikram-II is designed to lift off with 595 kg of cargo, and Vikram-III can launch with 815 kg to 500 km low inclination orbit.


      Skyroot Aerospace successfully conducted the flight qualification test of the Raman-I engine, intended for roll attitude control in the Vikram-I rocket.


      It is the first-ever test conducted at the Liquid Propulsion Systems Centre (LPSC) of ISRO by a private company.

      Vikram-I can carry 480 kg of payload to low earth orbit, Vikram-II is designed to lift off with 595 kg of cargo, and Vikram-III can launch with 815 kg to 500 km low inclination orbit.

 

     

__________________________________________

United Nations Public Service Day is annually observed on June 23 to highlight the importance of public service and honour the efforts of all public servants around the world.

United Nations Public Service Day is annually observed on June 23 to highlight the importance of public service and honour the efforts of all public servants around the world. The origin of United Nations Public Service Day can be traced back to 2002, when the United Nations General Assembly adopted resolution 57/277, which designated June 23 as Public Service Day. To boost the recognition of this day, the United Nations established the UN Public Service Awards (UNPSA) programme in 2003, which was reviewed in 2016 to align with the 2030 Agenda for Sustainable Development.


     


      To boost the recognition of this day, the United Nations established the UN Public Service Awards (UNPSA) programme in 2003, which was reviewed in 2016 to align with the 2030 Agenda for Sustainable Development.

     

 

     

__________________________________________

International Widows Day is annually observed on 23rd June to increase public awareness of the difficult circumstances that many widows, many of whom live in poverty, must endure.

International Widows Day is annually observed on 23rd June to increase public awareness of the difficult circumstances that many widows, many of whom live in poverty, must endure. The International Widows Day was established in 2005 by The Loomba Foundation. The founder’s mother, Shrimati Pushpa Wati Loomba, became a widow on June 23, 1954, hence this day was chosen on that date.


     


      The International Widows Day was established in 2005 by The Loomba Foundation.

     

 

     

__________________________________________

According to the Henley Private Wealth Migration Report 2023, India is expected to witness an exodus of millionaires and may lose 6,500 high-net-worth individuals (HNWIs) in 2023.

According to the Henley Private Wealth Migration Report 2023, India is expected to witness an exodus of millionaires and may lose 6,500 high-net-worth individuals (HNWIs) in 2023. China has been ranked first in terms of the outflow of millionaires from the country. India has secured second place. Australia will witness the highest net inflow of millionaires in 2023 at 5,200. Other countries on the Top 10 list for net HNWI inflows are Switzerland, Canada, Greece, France, Portugal, and New Zealand.


      According to the Henley Private Wealth Migration Report 2023, India is expected to witness an exodus of millionaires and may lose 6,500 high-net-worth individuals (HNWIs) in 2023.


      China has been ranked first in terms of the outflow of millionaires from the country.

      India has secured second place.

 

     

__________________________________________

Indian Renewable Energy Development Agency (IREDA) participated in the three-day "Intersolar Europe 2023" exhibition held in Munich, Germany from 14th to 16th June 2023.

Indian Renewable Energy Development Agency (IREDA) participated in the three-day "Intersolar Europe 2023" exhibition held in Munich, Germany from 14th to 16th June 2023. IREDA, a Mini Ratna (Category – I) Government of India enterprise, had set up a pavilion at the exhibition to educate visitors about the organization. IREDA's participation in β€œIntersolar Europe 2023” highlights its commitment to contributing to the global Renewable Energy landscape and fostering sustainable development practices.


     


      IREDA, a Mini Ratna (Category – I) Government of India enterprise, had set up a pavilion at the exhibition to educate visitors about the organization.

     

 

     

__________________________________________

The World Bank’s Board of Directors has approved a $150-million loan to support the Resilient Kerala programme designed to strengthen Kerala’s preparedness for natural disasters, climate change impact, and disease outbreaks.

The World Bank’s Board of Directors has approved a $150-million loan to support the Resilient Kerala programme designed to strengthen Kerala’s preparedness for natural disasters, climate change impact, and disease outbreaks. This financing complements the World Bank's earlier investment of $125 million and the overall support of the two projects would allegedly protect nearly 5 million people from the impacts of floods. The project will focus on addressing coastal erosion along vulnerable areas of the state - impacting millions of lives. After the devastating floods and landslides of 2018, the World Bank had invested in building Kerala's capabilities to respond to shocks to the state's economy and prevent the loss of lives, assets, and livelihoods.


     


      This financing complements the World Bank's earlier investment of $125 million and the overall support of the two projects would allegedly protect nearly 5 million people from the impacts of floods.

     

 

     

__________________________________________

Axis Bank launched 'one-view’ feature on its mobile application using account aggregator ecosystem.

Axis Bank launched 'one-view’ feature on its mobile application using account aggregator ecosystem. This feature simplifies the process of managing finances for customers, by providing them access to multiple bank accounts on one single platform, enabling them to track their balances and spends on a real-time basis. Axis Bank is the first private sector Bank to introduce this new-age banking feature leveraging the Account Aggregator ecosystem to create a seamless banking experience for its customers. Axis Bank's mobile app has earned the distinction of being the highest-rated mobile banking app on the Google Play Store, with an impressive average rating of 4.8 stars.


      Axis Bank launched 'one-view’ feature on its mobile application using account aggregator ecosystem.


      Axis Bank is the first private sector Bank to introduce this new-age banking feature leveraging the Account Aggregator ecosystem to create a seamless banking experience for its customers.

      Axis Bank's mobile app has earned the distinction of being the highest-rated mobile banking app on the Google Play Store, with an impressive average rating of 4.8 stars.

 

     

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Hindustan Aeronautics Limited (HAL) has signed a memorandum of understanding with its Argentine counterpart Fabrica Argentina de Aviones (FAdeA) for possible collaboration in the aerospace sector.

Hindustan Aeronautics Limited (HAL) has signed a memorandum of understanding with its Argentine counterpart Fabrica Argentina de Aviones (FAdeA) for possible collaboration in the aerospace sector. The MoU was signed at the ongoing Paris Air Show, the world’s largest. HAL and FAdeA signed an MoU during Paris Air Show, 2023 towards exploring the possibilities of collaboration in the field of MRO (maintenance, repair and overhaul). Argentina has projected a requirement for 15 new fighter aircraft.


     


      HAL and FAdeA signed an MoU during Paris Air Show, 2023 towards exploring the possibilities of collaboration in the field of MRO (maintenance, repair and overhaul).

     

 

     

__________________________________________

As per Hurun India's 2022 Burgundy Private Hurun India 500 list, With a value of Rs16.4 lakh crore, billionaire Mukesh Ambani's Reliance Industries Ltd is the most valuable private company in India followed by Tata Consultancy Services (TCS) with Rs11.76

As per Hurun India's 2022 Burgundy Private Hurun India 500 list, With a value of Rs16.4 lakh crore, billionaire Mukesh Ambani's Reliance Industries Ltd is the most valuable private company in India followed by Tata Consultancy Services (TCS) with Rs11.76 lakh crore and HDFC Bank with Rs9.4 lakh crore. Adar Poonawalla's Serum Institute of India was ranked as the most valuable unlisted company in the country with Rs1.92 lakh crore in value. The list by Burgundy Private, Axis Bank's Private Banking Business and Hurun India tracks changes in the value of the top 500 Indian companies during the six-month period (from October 30, 2022, to April 30, 2023). It is a list of the 500 most valuable non-state-owned companies in India, ranked according to their value, defined as market capitalization for listed companies, and valuations for non-listed companies.


     


      Adar Poonawalla's Serum Institute of India was ranked as the most valuable unlisted company in the country with Rs1.92 lakh crore in value.

     

 

     

__________________________________________

As per HR services provider Randstad India’s annual report β€˜Randstad Employer Brand Research (REBR) 2023’, Tata Power Company has emerged as 'India's most attractive employer brand', followed by e-commerce giant Amazon and Tata Steel.

As per HR services provider Randstad India’s annual report β€˜Randstad Employer Brand Research (REBR) 2023’, Tata Power Company has emerged as 'India's most attractive employer brand', followed by e-commerce giant Amazon and Tata Steel. Tata Power Company scored very high on financial health, good reputation and career progression opportunities. Tata Consultancy Services, a major IT company, secured the 4th position in the list of the top 10 most attractive employer brands, followed by Microsoft, Samsung India, Infosys, Tata Motors, IBM, and Reliance Industries. According to the report, employees rated the automotive sector (77%) as the most attractive, followed by IT, ITeS, and Telecom (76%), and FMCG, Retail, and e-commerce (75%). The REBR report is based on a survey conducted among 1.63 lakh respondents worldwide, covering 32 markets and 75% of the global economy.


     


      Tata Consultancy Services, a major IT company, secured the 4th position in the list of the top 10 most attractive employer brands, followed by Microsoft, Samsung India, Infosys, Tata Motors, IBM, and Reliance Industries.

     

 

     

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The United States Department of Labor has awarded Lalitha Natarajan with the 2023 Iqbal Masih Award for the Elimination of Child Labor.

The United States Department of Labor has awarded Lalitha Natarajan with the 2023 Iqbal Masih Award for the Elimination of Child Labor. US Consul General Judith Ravin presented the award to Lalitha Natarajan at a ceremony at the US Consulate General in Chennai. The Iqbal Masih Award is a US Congress-mandated, non-monetary award established by the Secretary of Labor in 2008 that honors extraordinary contributions to combat child labor. Natarajan is currently a practicing advocate in the High Court of Madras. Since embarking on her legal career in 2015, she has focused on women's and children's rights issues.


     


      US Consul General Judith Ravin presented the award to Lalitha Natarajan at a ceremony at the US Consulate General in Chennai.

     

 

     

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The Karnataka government launched a portal for people to share suggestions regarding the development of the city, under the title β€˜Brand Bengaluru’.

The Karnataka government launched a portal for people to share suggestions regarding the development of the city, under the title β€˜Brand Bengaluru’. Citizens can now give their ideas for the image makeover of Bengaluru by visiting 'brandbengaluru.karnataka.gov.in'. Deputy Chief Minister D K Shivakumar, who is also in-charge for Bengaluru Development, had held a meeting with leaders from various fields regarding the development of the state capital, under the title β€˜Brand Bengaluru’. 42 leaders from various fields including industry, information technology, biotechnology, education, and real estate had participated in that meeting.


     


      Citizens can now give their ideas for the image makeover of Bengaluru by visiting 'brandbengaluru.karnataka.gov.in'.

     

 

     

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The Reserve Bank of India assigned additional responsibilities to 3 deputy governors consequent on demitting of office by M K Jain.

The Reserve Bank of India assigned additional responsibilities to 3 deputy governors consequent on demitting of office by M K Jain. Deputy Governor M K Jain was looking after departments of Co-ordination, Central Security Cell, Consumer Education and Protection Department, Department of Supervision, Financial Inclusion and Development Department, and Human Resource Management. Deputy Governor M D Patra will now look after the departments of Co-ordiantion and Secretary's Department. Deputy Governor T Rabi Sankar has been assigned the responsibility of Central Security Cell, and Human Resource Management. Consumer Education and Protection Department, Department of Supervision, Financial Inclusion and Development Department will now be the responsibility of M Rajeshwar Rao. The government appointed State Bank of India (SBI) managing director Swaminathan Jankiraman as Deputy Governor. The other three deputy governors are Michael Debabrata Patra, M Rajeshwar Rao and T Rabi Sankar. The deputy governor appointments are made for an initial period of 3 years, and the person is eligible for reappointment.


      The Reserve Bank of India assigned additional responsibilities to 3 deputy governors consequent on demitting of office by M K Jain.


      The government appointed State Bank of India (SBI) managing director Swaminathan Jankiraman as Deputy Governor.

      The other three deputy governors are Michael Debabrata Patra, M Rajeshwar Rao and T Rabi Sankar.

 

     

__________________________________________

Finland's parliament elected conservative Petteri Orpo as Prime Minister of Finland.

Finland's parliament elected conservative Petteri Orpo as Prime Minister of Finland. Parliament voted in favour of Orpo. Orpo was formally appointed as prime minister by President Sauli Niinisto. Orpo will lead a coalition of the conservative NCP, the nationalist Finns, the minority-language Swedish People's Party and the Christian Democrats, which together won a majority of parliamentary seats in the April 2, 2023 election.


     


      Orpo was formally appointed as prime minister by President Sauli Niinisto.

     

 

     

__________________________________________

Raksha Mantri Rajnath Singh inaugurated the Integrated Simulator Complex (ISC) β€˜Dhruv’ at Southern Naval Command, Kochi.

Raksha Mantri Rajnath Singh inaugurated the Integrated Simulator Complex (ISC) β€˜Dhruv’ at Southern Naval Command, Kochi. The ISC β€˜Dhruv’ hosts modern state-of-the-art indigenously-built simulators which will significantly enhance practical training in the Indian Navy. These simulators are envisaged to give real-time experience on navigation, fleet operations and Naval tactics. These simulators will also be utilised for training of personnel from friendly countries.


     


     

     

 

     

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16th edition of the Asia Cup will be held from August 31 to September 17, 2023 in Sri Lanka and Pakistan.

16th edition of the Asia Cup will be held from August 31 to September 17, 2023 in Sri Lanka and Pakistan. The tournament will be held on a hybrid model for the first time in the history of the championship. India, Pakistan, Sri Lanka, Bangladesh, Afghanistan and Nepal will take part in the Asia Cup. Even as four matches will take place in Pakistan, nine games will be held in Sri Lanka. The 2023 edition of the Asia Cup will feature two groups, with two teams from each group qualifying for the Super Four stage. The top two teams from the Super Four stage will then face off in the final. The hybrid model was proposed as the BCCI had made it clear that it won't send its team to Pakistan due to the longstanding geo-political tensions between the two countries. The city of Lahore will host matches in Pakistan while the games to be played in Sri Lanka will be held in Kandy and Pallekele.


     


      The 2023 edition of the Asia Cup will feature two groups, with two teams from each group qualifying for the Super Four stage. The top two teams from the Super Four stage will then face off in the final.

     

 

     

__________________________________________

Cormac McCarthy, the renowned American author, died at the age of 89 in USA.

Cormac McCarthy, the renowned American author, died at the age of 89 in USA. McCarthy was born Charles McCarthy Jr. on July 20, 1933, in Providence, Rhode Island. He was awarded the Pulitzer Prize for Fiction in 2007 for β€œThe Road,” and his novel β€œNo Country for Old Men” was adapted into an Academy Award-winning film in 2007.


     


      He was awarded the Pulitzer Prize for Fiction in 2007 for β€œThe Road,” and his novel β€œNo Country for Old Men” was adapted into an Academy Award-winning film in 2007.

     

 

     

__________________________________________

Fitch Ratings raised its forecast for Indian economic growth to 6.3% for the current fiscal year 2023-24 from the 6% it had predicted previously.

Fitch Ratings raised its forecast for Indian economic growth to 6.3% for the current fiscal year 2023-24 from the 6% it had predicted previously. In FY23, the growth forecast compares with a 7.2% GDP expansion. The economy had a growth of 9.1% in FY22. For the 2024-25 and 2025-26 fiscal years, it estimated a growth of 6.5% each. The government has set a target of growing the economy by 7.5% in the current fiscal year.


     


      For the 2024-25 and 2025-26 fiscal years, it estimated a growth of 6.5% each.

     

 

     

__________________________________________

World Music Day is celebrated annually across the globe on June 21 to celebrate the global language of music.

World Music Day is celebrated annually across the globe on June 21 to celebrate the global language of music. The idea to observe World Music Day was proposed back in 1982 by French Minister of Culture Jack Lang. World Music Day has been celebrated since 1976. In any case, the first World Music Day celebrations took place in Paris in 1982 where more than 1,000 musicians performed in various parts of the city.


     


      The idea to observe World Music Day was proposed back in 1982 by French Minister of Culture Jack Lang. World Music Day has been celebrated since 1976.

     

 

     

__________________________________________

Uttar Pradesh government launched β€˜Polytechnic Chalo Abhiyan 2023’ to motivate youths to pursue technical education and take admission in polytechnic institutes.

Uttar Pradesh government launched β€˜Polytechnic Chalo Abhiyan 2023’ to motivate youths to pursue technical education and take admission in polytechnic institutes. The aim is to enroll lakhs of youth in government, aided and private polytechnic institutes every year. Under the campaign, youth are being motivated to take admission in polytechnic institutes.


     


      Under the campaign, youth are being motivated to take admission in polytechnic institutes.

     

 

     

__________________________________________

Ministry of Defence, Government of India and the US Department of Defence (DoD) launched 'India-United States Defence Acceleration Ecosystem (INDUS-X)' at an event in Washington.

Ministry of Defence, Government of India and the US Department of Defence (DoD) launched 'India-United States Defence Acceleration Ecosystem (INDUS-X)' at an event in Washington. At the launch of INDUS-X, Joint Secretary (Defence Industries Promotion) Anurag Bajpai asked the participants to develop mechanisms for future collaborations across industries, academia and investors. Anurag Bajpai led the Indian delegation at the two-day INDUS-X event. It was co-organised by Innovations for Defence Excellence (iDEX), the Ministry of Defence and the US Department of Defence (DoD), and hosted by the US-India Business Council (USIBC). According to the US Chamber of Commerce, INDUS-X has the potential to be a catalyst for India to achieve its target of USD 5 billion in defence exports by 2025 and diversify its defence supply chain.


      Ministry of Defence, Government of India and the US Department of Defence (DoD) launched 'India-United States Defence Acceleration Ecosystem (INDUS-X)' at an event in Washington.


      Anurag Bajpai led the Indian delegation at the two-day INDUS-X event.

      It was co-organised by Innovations for Defence Excellence (iDEX), the Ministry of Defence and the US Department of Defence (DoD), and hosted by the US-India Business Council (USIBC).

 

     

__________________________________________

IndiGo has placed a order for 500 A320 Family aircraft, setting the record for the biggest single purchase agreement in the history of commercial aviation.

IndiGo has placed a order for 500 A320 Family aircraft, setting the record for the biggest single purchase agreement in the history of commercial aviation. The latest agreement takes the total number of Airbus aircraft on order by IndiGo to 1,330, establishing its position as the world’s biggest A320 Family customer. IndiGo is amongst the fastest growing low-cost carriers in the world.


     


     

     

 

     

__________________________________________

According to the World Economic Forum's annual Gender Gap Report 2023, India has ranked 127 out of 146 countries in terms of gender parity.

According to the World Economic Forum's annual Gender Gap Report 2023, India has ranked 127 out of 146 countries in terms of gender parity. India has improved by 1.4 percentage points and eight positions since the last edition, marking a partial recovery towards its 2020 parity level. The index ranked India's neighbours Pakistan at 142, Bangladesh at 59, China at 107, Nepal at 116, Sri Lanka at 115 and Bhutan at 103. Iceland is the most gender-equal country in the world for the 14th consecutive year and the only one to have closed more than 90 percent of its gender gap.


      According to the World Economic Forum's annual Gender Gap Report 2023, India has ranked 127 out of 146 countries in terms of gender parity.


      The index ranked India's neighbours Pakistan at 142, Bangladesh at 59, China at 107, Nepal at 116, Sri Lanka at 115 and Bhutan at 103.

      Iceland is the most gender-equal country in the world for the 14th consecutive year and the only one to have closed more than 90 percent of its gender gap.

 

     

__________________________________________

The Insurance Regulatory and Development Authority of India (IRDAI) introduced modifications to the existing β€˜use and file’ procedure for life insurance products.

The Insurance Regulatory and Development Authority of India (IRDAI) introduced modifications to the existing β€˜use and file’ procedure for life insurance products. These changes aim to facilitate the insurance industry in promoting insurance penetration. The circular expands the scope of the β€˜use and file’ procedure by including additional categories of life insurance products. The following modifications have been made: Individual And Group Unit-Linked Life And Health Insurance Products; Combi Products; Dispensing With Segregated Fund Identification Number (SFIN) Clearance Process; Addition Of New Unit Linked Funds.


     


      The following modifications have been made: Individual And Group Unit-Linked Life And Health Insurance Products; Combi Products; Dispensing With Segregated Fund Identification Number (SFIN) Clearance Process; Addition Of New Unit Linked Funds.

     

 

     

__________________________________________

Senior retired bureaucrat and former Union Finance Secretary & Revenue Secretary, Hasmukh Adhia, has been appointed Chairman of GIFT City Ltd.

Senior retired bureaucrat and former Union Finance Secretary & Revenue Secretary, Hasmukh Adhia, has been appointed Chairman of GIFT City Ltd. Adhia replaces Sudhir Mankad, former chief secretary of Gujarat. Besides GIFT City, Adhia has also been appointed Director and Chairman of the boards of State public sector undertakings Gujarat Alkalies & Chemicals Ltd (GACL) and Gujarat Mineral Development Corporation Ltd (GMDC) with immediate effect. The appointments are as non-executive chairman. Adhia, a Gujarat cadre IAS officer of the 1981 batch, currently serves as an advisor to the Gujarat Chief Minister Bhupendra Patel.


      Senior retired bureaucrat and former Union Finance Secretary & Revenue Secretary, Hasmukh Adhia, has been appointed Chairman of GIFT City Ltd.


      Adhia replaces Sudhir Mankad, former chief secretary of Gujarat.

      Besides GIFT City, Adhia has also been appointed Director and Chairman of the boards of State public sector undertakings Gujarat Alkalies & Chemicals Ltd (GACL) and Gujarat Mineral Development Corporation Ltd (GMDC) with immediate effect.

 

     

__________________________________________

A consortium of private equity firms, including BPEA EQT and ChrysCapital, has acquired a 90 percent stake in HDFC Credila Financial Services for Rs9,060 crore.

A consortium of private equity firms, including BPEA EQT and ChrysCapital, has acquired a 90 percent stake in HDFC Credila Financial Services for Rs9,060 crore. The sale of HDFC Credila, the education loan arm of the Housing Development and Finance Corporation (HDFC), comes ahead of the completion of HDFC's merger with HDFC Bank. The total revenue of HDFC Credila during the 2022-23 fiscal was Rs1,352.18 crore and its net worth as on March 31, 2023, was Rs2,435.09 crore.


     


      The total revenue of HDFC Credila during the 2022-23 fiscal was Rs1,352.18 crore and its net worth as on March 31, 2023, was Rs2,435.09 crore.

     

 

     

__________________________________________

International Yoga Day is anually observed on June 21 to raise awareness about the physical, mental, and spiritual benefits of practising yoga.

International Yoga Day is anually observed on June 21 to raise awareness about the physical, mental, and spiritual benefits of practising yoga. The 9th edition of Yoga Day is being celebrated on 21 June 2023. The International Yoga Day 2023 was celebrated on the official theme β€œYoga for Vasudhaiva Kutumbakam”- β€œOne Earth, One Family, One Future”.


     


      The International Yoga Day 2023 was celebrated on the official theme β€œYoga for Vasudhaiva Kutumbakam”- β€œOne Earth, One Family, One Future”.

     

 

     

__________________________________________

World Hydrography Day, a significant occasion officially recognised and implemented by the International Hydrographic Organisation (IHO), is annually celebrated on June 21.

World Hydrography Day, a significant occasion officially recognised and implemented by the International Hydrographic Organisation (IHO), is annually celebrated on June 21. World Hydrography Day 2023 theme is β€œHydrography - underpinning the digital twin of the ocean". The International Hydrographic Organisation (IHO) was established in 1921, serving as a prominent entity focused on addressing various aspects of marine life.


     


      World Hydrography Day 2023 theme is β€œHydrography - underpinning the digital twin of the ocean".

     

 

     

__________________________________________

International Day of the Celebration of the Solstice is observed every year on June 21 to spread awareness on the solstices across religions and cultures.

International Day of the Celebration of the Solstice is observed every year on June 21 to spread awareness on the solstices across religions and cultures. The day is during the summer solstice falling between June 20 to 22. This natural phenomenon occurs twice a year, with the Summer Solstice occurring around June 21 and the Winter Solstice occurring around December 21.


     


      This natural phenomenon occurs twice a year, with the Summer Solstice occurring around June 21 and the Winter Solstice occurring around December 21.

     

 

     

__________________________________________

Romanian President Klaus Iohannis designated Marcel Ciolacu as prime minister of Romania.

Romanian President Klaus Iohannis designated Marcel Ciolacu as prime minister of Romania. The Liberals' Nicolae Ciuca resigned as prime minister. The current prime minister is Marcel Ciolacu of the Social Democratic Party (PSD), who has been serving since 15 June 2023 onwards as the head of government of the National Coalition for Romania (CNR).


     


      The Liberals' Nicolae Ciuca resigned as prime minister.

     

 

     

__________________________________________

Star Alliance has won the title of World’s Best Airline Alliance at the prestigious Skytrax World Airline Awards 2023.

Star Alliance has won the title of World’s Best Airline Alliance at the prestigious Skytrax World Airline Awards 2023. The Alliance’s famed Los Angeles lounge has also maintained its position of World’s Best Airline Alliance Lounge for the 7th year running. Star Alliance CEO Theo Panagiotoulias received the awards at a ceremony held at the Paris Air Show.


     


      Star Alliance CEO Theo Panagiotoulias received the awards at a ceremony held at the Paris Air Show.

     

 

     

__________________________________________

The United Nations Development Programme (UNDP) and the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) entered into a collaborative partnership to empowering women to make well-informed career choices in the field of entrepreneur

The United Nations Development Programme (UNDP) and the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) entered into a collaborative partnership to empowering women to make well-informed career choices in the field of entrepreneurship. The partnership will provide support for women looking to start and expanding their own enterprises, particularly in sectors. Leveraging its experience in linking over 2,00,000 women to better employment opportunities, UNDP will offer national-level capacity building support to DAY-NULM.


     


      The partnership will provide support for women looking to start and expanding their own enterprises, particularly in sectors.

     

 

     

__________________________________________

Directorate General Resettlement (DGR) under Department of Ex-Servicemen Welfare, Ministry of Defence signed a MoU with M/s Adecco India Private Limited in New Delhi.

Directorate General Resettlement (DGR) under Department of Ex-Servicemen Welfare, Ministry of Defence signed a MoU with M/s Adecco India Private Limited in New Delhi. The objective is to bring the corporate companies and the Ex-Servicemen on a common platform to generate employment opportunities for Ex-Servicemen in various sectors such as IT, E-Commerce, Logistics, Telecom, Aerospace & Defence, Facility Management, Security, Digital Assessment Services, Power & Energy, Manufacturing, Chemical & Agro Etc. This partnership would bring in more visibility of Ex-servicemen to the industry and corporates and help in achieving the objectives of providing skilled manpower and giving a dignified second career to Ex-servicemen.


     


      This partnership would bring in more visibility of Ex-servicemen to the industry and corporates and help in achieving the objectives of providing skilled manpower and giving a dignified second career to Ex-servicemen.

     

 

     

__________________________________________

Union Bank of India has launched four bank- 'Union Unnati', 'Union Samriddhi', 'Union Samman', 'Union SBCHS', account schemes targeting women, women entrepreneurs and professionals, pensioners and cooperative housing societies.

Union Bank of India has launched four bank- 'Union Unnati', 'Union Samriddhi', 'Union Samman', 'Union SBCHS', account schemes targeting women, women entrepreneurs and professionals, pensioners and cooperative housing societies. Union Unnati is a current account specifically designed for women entrepreneurs and professionals, offering free cancer care coverage, personal accident cover, concession in loan interest rates, retail loan processing charges, and minimal service charges. Another account targeted at women is Union Samriddhi, which is tailored to empower women by providing them with a safe and convenient savings and financial management avenue. The third product is Union Samman, a savings account aimed at pensioners. The account extends door-step banking, personal accident cover, concession in loan interest rates and processing charges, and free health check-ups. Union SBCHS acknowledges the significance of co-operative housing societies, offering concessions in loan processing charges for purchasing solar lights, elevators.


     


     

     

 

     

__________________________________________

World Refugee Day is annually celebrated on June 20 to honour the strength and courage of refugees around the globe.

World Refugee Day is annually celebrated on June 20 to honour the strength and courage of refugees around the globe. The theme for World Refugee Day 2023 is 'Hope Away from Home'. The year 2023 marks the 22nd anniversary of World Refugee Day. World Refugee Day was established by the United Nations General Assembly on December 4, 2000, to commemorate the 50th anniversary of the 1951 Convention Relating to the Status of Refugees. The day was first celebrated on June 20, 2001.


      World Refugee Day is annually celebrated on June 20 to honour the strength and courage of refugees around the globe.


      The theme for World Refugee Day 2023 is 'Hope Away from Home'.

      The year 2023 marks the 22nd anniversary of World Refugee Day.

 

     

__________________________________________

19th edition of Multinational Peacekeeping Joint Exercise β€œEx Khaan Quest 2023” featuring participation from military contingents and observers from over 20 countries has commenced in Mongolia.

19th edition of Multinational Peacekeeping Joint Exercise β€œEx Khaan Quest 2023” featuring participation from military contingents and observers from over 20 countries has commenced in Mongolia. The exercise is co-sponsored by Mongolian Armed Forces (MAF) and United States Army Pacific Command (USARPAC). The Indian Army is being represented by a contingent from the GARHWAL RIFLES. The 14-day exercise is aimed at enhancing interoperability of the participating nations, for sharing experience and to train uniformed personnel for the United Nations Peacekeeping Operations (UNPKO). The exercise includes Command Post Exercise (CPX), Field Training Exercises (FTX), combat discussions, lectures and demonstration.


      19th edition of Multinational Peacekeeping Joint Exercise β€œEx Khaan Quest 2023” featuring participation from military contingents and observers from over 20 countries has commenced in Mongolia.


      The exercise is co-sponsored by Mongolian Armed Forces (MAF) and United States Army Pacific Command (USARPAC).

      The exercise includes Command Post Exercise (CPX), Field Training Exercises (FTX), combat discussions, lectures and demonstration.

 

     

__________________________________________

A Memorandum of Understanding (MOU) between the Department of Economic Affairs, Ministry of Finance, Government of India and the Department of Finance, Government of Philippines, on Financial Technology (fintech) cooperation was signed in Manila.

A Memorandum of Understanding (MOU) between the Department of Economic Affairs, Ministry of Finance, Government of India and the Department of Finance, Government of Philippines, on Financial Technology (fintech) cooperation was signed in Manila. The MoU envisages the constitution of a joint working group (JWG) co-chaired at the undersecretary level from the Ministries of Finance, and comprising senior representatives from the Foreign and IT Ministries, Central Banks, financial sector regulatory institutions and other related agencies as members. The JWG would identify concrete measures for partnership in innovative technologies; fintech industry, digital governance; payment linkages; creation of interoperable APIs; financial inclusion and other related areas.


     


     

     

 

     

__________________________________________

NSE International Exchange (NSE IX) unveiled a new brand identity of GIFT Nifty as a part of the full-scale transition of SGX Nifty to Gift Nifty from July 3, 2023.

NSE International Exchange (NSE IX) unveiled a new brand identity of GIFT Nifty as a part of the full-scale transition of SGX Nifty to Gift Nifty from July 3, 2023. The new identity of Gift Nifty is aligned with the National Stock Exchange's (NSE) flagship index Nifty 50. This initiative between NSE IX and SGX, enables Gift Nifty orders from SGX members to be routed to NSE IFSC for trading and execution with clearing and settlement through SGX Derivatives Clearing.


     


      This initiative between NSE IX and SGX, enables Gift Nifty orders from SGX members to be routed to NSE IFSC for trading and execution with clearing and settlement through SGX Derivatives Clearing.

     

 

     

__________________________________________

Renowned British-American author Salman Rushdie has been awarded the prestigious Peace Prize of the German Book Trade for 2023.

Renowned British-American author Salman Rushdie has been awarded the prestigious Peace Prize of the German Book Trade for 2023. The award's Board of Trustees recognized Rushdie's unwavering spirit, his celebration of life, and his invaluable contributions to the world of storytelling. Salman Rushdie's resilience, intellectual prowess, and commitment to the art of storytelling have firmly established him as a literary icon. The Peace Prize of the German Book Trade, endowed with €25,000 ($27,300), will be handed out in a ceremony during the Frankfurt Book Fair.


     


      The Peace Prize of the German Book Trade, endowed with €25,000 ($27,300), will be handed out in a ceremony during the Frankfurt Book Fair.

     

 

     

__________________________________________

TPG India Investments II Inc sold its entire 2.65 percent stake, or 99.2 lakh shares, in Shriram Finance via multiple block deals.

TPG India Investments II Inc sold its entire 2.65 percent stake, or 99.2 lakh shares, in Shriram Finance via multiple block deals. As per the transaction price, the deal value stands at around Rs1,390 crore. Norway-based Government Pension Fund Global already holds 2.13 percent stake in Shriram Finance as of March 2023.


     


      As per the transaction price, the deal value stands at around Rs1,390 crore.

     

 

     

__________________________________________

The Appointments Committee of the Cabinet has selected State Bank of India Managing Director Swaminathan Janakiraman for the post of Deputy Governor in the Reserve Bank of India (RBI).

The Appointments Committee of the Cabinet has selected State Bank of India Managing Director Swaminathan Janakiraman for the post of Deputy Governor in the Reserve Bank of India (RBI). Janakiraman, currently the managing director of State Bank of India, will succeed Mahesh Kumar Jain, whose tenure ends on June 22, 2023. He is currently responsible for SBI's Corporate Banking and Subsidiaries vertical.


     


      Janakiraman, currently the managing director of State Bank of India, will succeed Mahesh Kumar Jain, whose tenure ends on June 22, 2023.

     

 

     

__________________________________________

Jharkhand Chief Minister Hemant Soren launched the state government’s ambitious 'panchayat-level medicine shop' scheme, aimed at making essential medicines available in remote areas.

Jharkhand Chief Minister Hemant Soren launched the state government’s ambitious 'panchayat-level medicine shop' scheme, aimed at making essential medicines available in remote areas. He inaugurated the scheme in Chatra district by handing over licences to three persons for operating the medicine shops in panchayats. A total of 15 people have been selected for licences in the district so far. The CM also laid foundation of 177 projects worth around Rs364 crore for Chatra district. He inaugurated 42 projects to the tune of nearly Rs 14.6 crore on the occasion.


     


      The CM also laid foundation of 177 projects worth around Rs364 crore for Chatra district. He inaugurated 42 projects to the tune of nearly Rs 14.6 crore on the occasion.

     

 

     

__________________________________________

On the 6th Annual Convocation of IIM, an MoU was signed between Indian Institute of Management (IIM) Jammu and the Small Industries Development Bank of India (SIDBI) to leverage its expertise in this field to create a supportive ecosystem for entrepreneur

On the 6th Annual Convocation of IIM, an MoU was signed between Indian Institute of Management (IIM) Jammu and the Small Industries Development Bank of India (SIDBI) to leverage its expertise in this field to create a supportive ecosystem for entrepreneurship in the country. As part of this MoU, joint initiatives/projects would be launched as part of the IIM Jammu-SIDBI partnership to strengthen the entrepreneurial ecosystem in the country.


     


     

     

 

     

__________________________________________

The United Nations has adopted the first-ever treaty to protect marine life in the high seas.

The United Nations has adopted the first-ever treaty to protect marine life in the high seas. Delegates from the 193 member nations approved the treaty. The treaty to protect biodiversity in waters outside national boundaries, known as the high seas, covering nearly half of earth's surface, had been under discussion for more than 20 years. The new treaty will be opened for signatures on September 20, 2023 during the annual meeting of world leaders at the General Assembly, and it will take effect once it is ratified by 60 countries.


     


      Delegates from the 193 member nations approved the treaty.

     

 

     

__________________________________________

Mahindra Defence Systems (MDS), a wholly-owned subsidiary of Mahindra & Mahindra, has started deliveries of β€˜Armado,’ an Armoured Light Specialist Vehicle (ALSV) built for the Indian armed forces.

Mahindra Defence Systems (MDS), a wholly-owned subsidiary of Mahindra & Mahindra, has started deliveries of β€˜Armado,’ an Armoured Light Specialist Vehicle (ALSV) built for the Indian armed forces. A fully-indigenous vehicle, Armado can accommodate a driver and 5 passengers, the manufacturer noted on its website, adding that above the standard 1,000 kg load capacity, the ASLV can carry another 400 kg. Powering the 4-wheeler is a 3.2-litre multi-fuel diesel engine that generates 216 hp of maximum power. Armado takes just 12 seconds to accelerate from 0 to 160 kmph, and runs at a speed of more than 120 kmph.


     


      Armado takes just 12 seconds to accelerate from 0 to 160 kmph, and runs at a speed of more than 120 kmph.

     

 

     

__________________________________________

Veteran Journalist Ashok Kumar Bhattacharya (AK Bhattacharya) has authored a new book titled β€œIndia's Finance Ministers: From Independence to Emergency".

Veteran Journalist Ashok Kumar Bhattacharya (AK Bhattacharya) has authored a new book titled β€œIndia's Finance Ministers: From Independence to Emergency". This book covers the period chronologically with each tenure getting a separate chapter. In addition, he has used autobiographies when available in English (Deshmukh and Desai).


     


     

     

 

     

__________________________________________

Egypt bagged the SDAT-WSF Squash World Cup at the Express Avenue Mall, Chennai with 2-1 (4-1 on points) win over Malaysia in the final.

Egypt bagged the SDAT-WSF Squash World Cup at the Express Avenue Mall, Chennai with 2-1 (4-1 on points) win over Malaysia in the final. The championship was held from 13 to 17 June 2023 in Express Avenue Mall in Chennai, Tamil Nadu. 8 countries including India participated in the tournament: Hong Kong, Japan, Malaysia, Egypt, South Africa, Australia, and Colombia. The Tamil Nadu Chief Minister awarded the winning team with the golden cup.


      Egypt bagged the SDAT-WSF Squash World Cup at the Express Avenue Mall, Chennai with 2-1 (4-1 on points) win over Malaysia in the final.


      The championship was held from 13 to 17 June 2023 in Express Avenue Mall in Chennai, β€ŽTamil Nadu.

      The Tamil Nadu Chief Minister awarded the winning team with the golden cup.

 

     

__________________________________________

World Sickle Cell Awareness Day is annually observed on 19th June to raise awareness about sickle cell disease (SCD).

World Sickle Cell Awareness Day is annually observed on 19th June to raise awareness about sickle cell disease (SCD). Sickle cell disease is a genetic blood disorder characterized by abnormal red blood cells that take on a crescent or sickle shape and these irregularly shaped cells can cause blockages in blood vessels, leading to a variety of health complications. The theme of World Sickle Disease Day 2023 is β€˜Building and strengthening global sickle cell communities, formalizing newborn screening and knowing your sickle cell disease status’. United Nations recognised World Sickle Cell Awareness Day to raise sickle cell awareness. The resolution of the UN General Assembly passed the bill in December 2008 as it observed SCD as a public health hazard and one of the world’s main genetic illnesses.


     


      The theme of World Sickle Disease Day 2023 is β€˜Building and strengthening global sickle cell communities, formalizing newborn screening and knowing your sickle cell disease status’.

     

 

     

__________________________________________

International Picnic Day is annually observed on June 18th.

International Picnic Day is annually observed on June 18th. This day is provides a wonderful opportunity for all family members to be at home and enjoy the perfect occasion of gathering outdoors for a delightful picnic experience. The term "picnic" finds its roots in the French word "pique-nique," and its popularity surged in France after the revolution.


     


     

     

 

     

__________________________________________

NHPC Limited and Kerala State Electricity Board Limited (KSEB) have signed a Memorandum of Understanding for vetting of design of KSEB’s ongoing projects as well as of projects in the pipeline.

NHPC Limited and Kerala State Electricity Board Limited (KSEB) have signed a Memorandum of Understanding for vetting of design of KSEB’s ongoing projects as well as of projects in the pipeline. Under the MoU, NHPC and KSEB come together for accelerated development of the hydroelectric potential of the state of Kerala, in the most techno-commercially viable manner, as an enabler towards clean energy transition. The MoU was signed by Executive Director (Strategy Business Development and Consultancy), NHPC, Rajat Gupta and Director (Generation - Civil), KSEB Limited, Radhakrishnan G.


     


      The MoU was signed by Executive Director (Strategy Business Development and Consultancy), NHPC, Rajat Gupta and Director (Generation - Civil), KSEB Limited, Radhakrishnan G.

     

 

     

__________________________________________

Autistic Pride Day is annually celebrated on June 18 to promoting awareness, understanding, and acceptance of autism spectrum disorder (ASD).

Autistic Pride Day is annually celebrated on June 18 to promoting awareness, understanding, and acceptance of autism spectrum disorder (ASD). Autistic Pride Day was first observed in 2005 by Aspies for Freedom, which is a community that works for spreading awareness about autism.


     


     

     

 

     

__________________________________________

The Defence Research and Development Organisation (DRDO) and the Indian Navy successfully showcased the transfer of command and control capabilities of the Tapas 201 Unmanned Aerial Vehicle (UAV).

The Defence Research and Development Organisation (DRDO) and the Indian Navy successfully showcased the transfer of command and control capabilities of the Tapas 201 Unmanned Aerial Vehicle (UAV). The demonstration involved commanding the UAV from a distant ground station to the onboard INS Subhadra, a warship situated 148 kilometers away from the Karwar naval base. During the demonstration, the Tapas UAV operated flawlessly at an altitude of 20,000 feet above sea level. It completed a 3-hour and 30-minute flight. The Tapas UAV, developed by DRDO, is a Medium Altitude Long Endurance (MALE) unmanned aerial vehicle capable of operating at altitudes of up to 28,000 feet with an endurance of over 18 hours.


     


      The Tapas UAV, developed by DRDO, is a Medium Altitude Long Endurance (MALE) unmanned aerial vehicle capable of operating at altitudes of up to 28,000 feet with an endurance of over 18 hours.

     

 

     

__________________________________________

Gita Press, Gorakhpur, has been selected for the Gandhi Peace Prize for the year 2021.

Gita Press, Gorakhpur, has been selected for the Gandhi Peace Prize for the year 2021. A jury headed by Prime Minister Narendra Modi unanimously selected Gita Press for the award after due deliberations in recognition of its outstanding contribution towards social, economic and political transformation through non-violent and other Gandhian methods. A publisher of Hindu religious texts, Gita Press was established in 1923, and is presently one of the world’s largest publishing houses. Including copies of its monthly magazine, Kalyan, it has thus far sold approximately 93 crore copies of over 1,850 religious books, in 15 languages.


     


      A publisher of Hindu religious texts, Gita Press was established in 1923, and is presently one of the world’s largest publishing houses.

     

 

     

__________________________________________

Google has launched an 'Indian Languages Program' for small and medium-sized local news publishers in India.

Google has launched an 'Indian Languages Program' for small and medium-sized local news publishers in India. Introduced under the Google News Initiative (GNI), the program will support English and eight Indian languages like Hindi, Kannada, Tamil, and Telugu. GNI is Google’s digital skills training program for journalists and newsrooms in tackling misinformation. This programme, developed by Google, is designed to help publishers by providing access to training, technical support, and funding, enabling them to enhance their digital operations and expand their reach to a larger audience. Publishers must have an operational website with at least 12 months of continuous operation and a minimum of 50 full-time employees (FTE).


      Google has launched an 'Indian Languages Program' for small and medium-sized local news publishers in India.


      Introduced under the Google News Initiative (GNI), the program will support English and eight Indian languages like Hindi, Kannada, Tamil, and Telugu.

      Publishers must have an operational website with at least 12 months of continuous operation and a minimum of 50 full-time employees (FTE).

 

     

__________________________________________

Vice President Jagdeep Dhankhar conferred the fourth National Water Awards 2022 in New Delhi.

Vice President Jagdeep Dhankhar conferred the fourth National Water Awards 2022 in New Delhi. The awards focus on encouraging good work and efforts made by various individuals and organisations to conserve water. Madhya Pradesh was awarded the first prize in the best State category. In the best district category, the award was given to the Ganjam District of Odisha. The best Village Panchayat award was presented to Jagannadhapuram Village Panchayat, Bhadradri Kothagudem district of Telangana. Akashvani, Guwahati also received the second-best award in Media category. The Jal Shakti Ministry had announced a total of 41 winners, covering 11 categories, including joint winners, for the National Water Awards, 2022. Each award winner was conferred with a citation and a trophy as well as cash prizes.


      Vice President Jagdeep Dhankhar conferred the fourth National Water Awards 2022 in New Delhi.


      Madhya Pradesh was awarded the first prize in the best State category.

      The Jal Shakti Ministry had announced a total of 41 winners, covering 11 categories, including joint winners, for the National Water Awards, 2022.

 

     

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Aalok Kumar, Corporate Officer of the Global Smart City Business, NEC Corporation, has been appointed as a member of the Asian Development Bank’s (ADB) High-level Advisory Group on Digital Technology for Development with effect from May 1, 2023.

Aalok Kumar, Corporate Officer of the Global Smart City Business, NEC Corporation, has been appointed as a member of the Asian Development Bank’s (ADB) High-level Advisory Group on Digital Technology for Development with effect from May 1, 2023. The eight-member group, consisting of global industry leaders in digital technology and academicians, is committed to further accelerating the utilization of ICT technology among ADB activities for developing countries.


     


     

     

 

     

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Elon Musk's SpaceX has successfully deployed Indonesia's new communications satellite 'SATRIA-1' into orbit.

Elon Musk's SpaceX has successfully deployed Indonesia's new communications satellite 'SATRIA-1' into orbit. The SATRIA-1 telecommunications satellite lifted off on a Falcon 9 rocket from Cape Canaveral Space Force Station in Florida. SATRIA-1 (short for "Satellite of the Republic of Indonesia") will be operated for the Indonesian government by the Indonesian company PSN. The PSN SATRIA mission marked the 12th launch and landing for the Falcon 9 first stage booster.


      Elon Musk's SpaceX has successfully deployed Indonesia's new communications satellite 'SATRIA-1' into orbit.


      The SATRIA-1 telecommunications satellite lifted off on a Falcon 9 rocket from Cape Canaveral Space Force Station in Florida.

      The PSN SATRIA mission marked the 12th launch and landing for the Falcon 9 first stage booster.

 

     

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U Saravanan has been appointed as Chairman and Managing Director of state-owned National Fertilizers Ltd (NFL), effective from June 16, 2023.

U Saravanan has been appointed as Chairman and Managing Director of state-owned National Fertilizers Ltd (NFL), effective from June 16, 2023. Prior to this, Saravanan was serving as CMD of another fertilizer CPSE, Madras Fertilizers Ltd. A chemical engineer from Anna University and an MBA from the University of Madras, Saravanan has a wide experience spanning over 33 years covering both oil refinery and fertilizer industries.


     


     

     

 

     

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Max Life Insurance has bought shares in Capital Small Finance Bank for Rs49.50 crore, taking its stake in the bank to 2.99 percent.

Max Life Insurance has bought shares in Capital Small Finance Bank for Rs49.50 crore, taking its stake in the bank to 2.99 percent. Max Life Insurance Company has been allotted a total of 10.57 lakh equity shares. Each equity share has a face value of Rs10. Additionally, a premium of Rs458 per equity share has been paid.


     


      Max Life Insurance Company has been allotted a total of 10.57 lakh equity shares.

     

 

     

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Asian men’s doubles champions Chirag Shetty and Satwiksairaj Rankireddy beat the reigning world champions Aaron Chia and Soh Wooi Yik to win India’s maiden BWF Super 1000 title at the Indonesia Open 2023 badminton tournament in Jakarta.

Asian men’s doubles champions Chirag Shetty and Satwiksairaj Rankireddy beat the reigning world champions Aaron Chia and Soh Wooi Yik to win India’s maiden BWF Super 1000 title at the Indonesia Open 2023 badminton tournament in Jakarta. The Indian pair, 6th in men’s doubles badminton rankings, registered a 21-17, 21-18 win over their world No. 3 Malaysian opponents in 43 minutes.


     


     

     

 

     

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Dutch Formula One driver Max Verstappen won the Canadian Grand Prix 2023 to secure his Red Bull team's 100th victory.

Dutch Formula One driver Max Verstappen won the Canadian Grand Prix 2023 to secure his Red Bull team's 100th victory. Aston Martin's Spanish driver Fernando Alonso finish second.


     


     

     

 

     

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India beat Lebanon 2-0 in the finals of the Hero Intercontinental Cup 2023 in Bhubaneswar.

India beat Lebanon 2-0 in the finals of the Hero Intercontinental Cup 2023 in Bhubaneswar. Odisha Chief Minister Naveen Patnaik has announced a cash reward of Rs1 crore for the Indian men's football team for winning the Hero Intercontinental Cup. India rode on skipper Sunil Chhetri's 87th international goal and Lallianzuala Chhangte's strike to beat Lebanon 2-0 in the final and lift the Intercontinental Cup at the Kaling Stadium.


     


      Odisha Chief Minister Naveen Patnaik has announced a cash reward of Rs1 crore for the Indian men's football team for winning the Hero Intercontinental Cup.

     

 

     

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Sustainable Gastronomy Day is annually observed on 18 June to recognise the practices associated with sustainable food consumption, especially with the art of collecting and preparing the food we eat.

Sustainable Gastronomy Day is annually observed on 18 June to recognise the practices associated with sustainable food consumption, especially with the art of collecting and preparing the food we eat. The day was recognised on 21 December 2016 after the United Nations General Assembly (UNGA) adopted the resolution A/RES/71/246, and declared 18 June as Sustainable Gastronomy Day. The day is First observed on June 18, 2017.


     


      The day is First observed on June 18, 2017.

     

 

     

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National Reading Day is celebrated on June 19 in India to honour Puthuvayil Narayana Panicker, popularly known as PN Panicker.

National Reading Day is celebrated on June 19 in India to honour Puthuvayil Narayana Panicker, popularly known as PN Panicker. He was a renowned teacher and revered as the father of the library movement in Kerala. In 1996, for the first time the Kerala Reading Day was celebrated on his death anniversary to pay tribute to him. Since then, it is celebrated on June 19 every year. In 2017, Prime Minister Narendra Modi declared June 19 as the National Reading Day.


     


      In 1996, for the first time the Kerala Reading Day was celebrated on his death anniversary to pay tribute to him. Since then, it is celebrated on June 19 every year.

     

 

     

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Paytm has introduced a UPI software development kit (SDK) for customers to make payments to online merchants without any failure of the system, suggests reports.

Paytm has introduced a UPI software development kit (SDK) for customers to make payments to online merchants without any failure of the system, suggests reports. Paytm UPI SDK will let users pay directly from bank accounts through UPI PIN. Paytm UPI SDK is the smallest and lightest in the market, packed with low-code integration, fully customisable UI themes and priority customer support. At present, Paytm UPI SDK supports transactions via UPI-linked bank accounts and RuPay credit cards.


     


      Paytm UPI SDK will let users pay directly from bank accounts through UPI PIN.

     

 

     

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Union minister of heavy industries Mahendra Nath Pandey launched the groundbreaking β€œDugdh Sanakalan Sathi Mobile App" or "Milk Collection Partner Mobile App" in Mussorie, Uttarakhand.

Union minister of heavy industries Mahendra Nath Pandey launched the groundbreaking β€œDugdh Sanakalan Sathi Mobile App" or "Milk Collection Partner Mobile App" in Mussorie, Uttarakhand. The app, developed by Rajasthan Electronics & Instruments Limited (REIL), a β€œMini Ratna" Central Public Sector Enterprise under the Ministry of Heavy Industries. It is aims to bring about a significant transformation in the Indian dairy industry by addressing key challenges in the milk collection process. The β€œDugdh Sanakalan Sathi Mobile App" is expected to deliver significant benefits to all stakeholders involved in the milk collection process, including milk producers, cooperative societies, milk unions, and state federations.


     


      The app, developed by Rajasthan Electronics & Instruments Limited (REIL), a β€œMini Ratna" Central Public Sector Enterprise under the Ministry of Heavy Industries.

     

 

     

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Indian Navy launched β€œJulley Ladakh” (Hello Ladakh), an outreach programme to Ladakh to increase awareness about the service in the pristine state and to engage with youth and civil society there.

Indian Navy launched β€œJulley Ladakh” (Hello Ladakh), an outreach programme to Ladakh to increase awareness about the service in the pristine state and to engage with youth and civil society there. Towards this a 5000km Motorcycle Expedition was flagged off by VAdm Sanjay Jasjit Singh, Vice Chief of Naval Staff, from the National War Memorial. The Motorcycle Expedition being conducted in partnership with M/s TVS Motors, the reputed manufacturer of two and three-wheelers, with a legacy rooted over 100 years, and aims to cover large parts of Ladakh region on TVS Apache RTR and RR 310. The first phase of the expedition was flagged off from New Delhi and will reach Leh passing through the states of Delhi, Haryana, Punjab and Jammu & Kashmir.


     


     

     

 

     

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World Crocodile Day is celebrated on 17th June to highlight the plight of endangered crocodiles and alligators around the world.

World Crocodile Day is celebrated on 17th June to highlight the plight of endangered crocodiles and alligators around the world. It is mainly restricted to the Indian subcontinent where it may be found in a number of freshwater habitat types including rivers, lakes and marshes. However, it can even be found in coastal saltwater lagoons and estuaries.


     


     

     

 

     

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The World Day to Combat Desertification and Drought annually observed on June 17th to highlights methods to prevent desertification.

The World Day to Combat Desertification and Drought annually observed on June 17th to highlights methods to prevent desertification. Desertification is the process by which fertile land becomes desert. This is usually a result of drought, deforestation, or inappropriate agriculture. When desertification occurs, biological productivity is lost. The theme for World Day to Combat Desertification and Drought 2023 is β€œHer Land. Her Rights”.


     


      The theme for World Day to Combat Desertification and Drought 2023 is β€œHer Land. Her Rights”.

     

 

     

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Madhya Pradesh cabinet meeting chaired by Chief Minister Shivraj Singh Chouhan approved the Co-operative Policy 2023, with a focus to create jobs in the sector.

Madhya Pradesh cabinet meeting chaired by Chief Minister Shivraj Singh Chouhan approved the Co-operative Policy 2023, with a focus to create jobs in the sector. The policy emphasises on preparing and implementing the public co-operative partnership (PCP) model in the sector, which means co-operative organisations will work in collaboration with government bodies. The state government is planning to use co-operatives as a medium to provide employment to the youth of Madhya Pradesh. In a bid to enhance self-employment opportunities, co-operatives will be formed in agriculture, health care, food processing, animal husbandry, water conservation, new and renewable energy, tourism, minerals, agricultural equipment, organic products, and other sectors and they will be linked to various government schemes.


     


      The policy emphasises on preparing and implementing the public co-operative partnership (PCP) model in the sector, which means co-operative organisations will work in collaboration with government bodies.

     

 

     

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Arunachal Pradesh Chief Minister launched an app called 'Arunpol App' of Arunachal Pradesh Police and flagged-off an APP awareness generation vehicle from the Civil Secretariat, Itanagar.

Arunachal Pradesh Chief Minister launched an app called 'Arunpol App' of Arunachal Pradesh Police and flagged-off an APP awareness generation vehicle from the Civil Secretariat, Itanagar. The Arunpol app will facilitate common people to lodge complaints without coming to the police station. Chief Minister Pema Khandu also launched another app called E-Vigilance app for the state government employees. This app will benefit the state government employees by ensuring timely vigilance clearance.


      Arunachal Pradesh Chief Minister launched an app called 'Arunpol App' of Arunachal Pradesh Police and flagged-off an APP awareness generation vehicle from the Civil Secretariat, Itanagar.


      The Arunpol app will facilitate common people to lodge complaints without coming to the police station.

      Chief Minister Pema Khandu also launched another app called E-Vigilance app for the state government employees.

 

     

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Department of Legal Affairs in the Union law ministry has set up an expert panel led by former law secretary T K Vishwanathan to recommend reforms in the Arbitration and Conciliation Act with an aim to reduce the burden on courts.

Department of Legal Affairs in the Union law ministry has set up an expert panel led by former law secretary T K Vishwanathan to recommend reforms in the Arbitration and Conciliation Act with an aim to reduce the burden on courts. Law ministry additional secretary Rajiv Mani, some senior advocates, representatives of private law firms, and officials of the Legislative Department, Niti Aayog, National Highways Authority of India (NHAI), railways and Central Public Works Department (CPWD) are its other members. The panel has to submit its report within 30 days. The panel will also devise strategy for developing a competitive environment in the arbitration services market for domestic and international parties that can subserve the interests of the users, particularly in building a regime of cost-effective arbitration. As a part of continuous endeavour in this direction, the department is considering the need to further reform the working of the Arbitration and Conciliation Act 1996.


     


      The panel has to submit its report within 30 days.

     

 

     

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Prime Minister Narendra Modi has collaborated with Falguni Shah (Falu), an Indian-American singer, who is also a Grammy Award winner for a special song, to promote the benefits of millet and its potential to alleviate world hunger.

Prime Minister Narendra Modi has collaborated with Falguni Shah (Falu), an Indian-American singer, who is also a Grammy Award winner for a special song, to promote the benefits of millet and its potential to alleviate world hunger. Mumbai-born singer-songwriter Falguni Shah and her husband and singer Gaurav Shah was released the β€œAbundance of Millets" song. The year 2023 has been designated as the β€˜International Year of Millets’ after a proposal for it was brought forward by India and endorsed by Members of the UN’s Food and Agriculture Organization (FAO) Governing Bodies, as well as by the 75th Session of the UN General Assembly. The song, written in English and Hindi, will be made accessible to everybody and highlights the power of millets.


      Prime Minister Narendra Modi has collaborated with Falguni Shah (Falu), an Indian-American singer, who is also a Grammy Award winner for a special song, to promote the benefits of millet and its potential to alleviate world hunger.


      Mumbai-born singer-songwriter Falguni Shah and her husband and singer Gaurav Shah was released the β€œAbundance of Millets" song.

      The song, written in English and Hindi, will be made accessible to everybody and highlights the power of millets.

 

     

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The Ministry of Defence (MoD) signed a contract with ICOMM Tele Ltd to purchase Radio Relay Communication equipment containers.

The Ministry of Defence (MoD) signed a contract with ICOMM Tele Ltd to purchase Radio Relay Communication equipment containers. This procurement aims to meet the Indian Army's mobile communication detachment requirements while promoting indigenous manufacturing and self-reliance. The value of the contract is about Rs500 crore. The delivery of the containers is scheduled to commence from the current financial year 2023-24 itself. The company ICOMM Tele Limited would produce the containers with all equipment and sub-systems sourced from indigenous manufacturers.


     


      The value of the contract is about Rs500 crore. The delivery of the containers is scheduled to commence from the current financial year 2023-24 itself.

     

 

     

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Writer Arundhati Roy has been awarded the 45th European Essay Prize for lifetime achievement for the French translation of her compilation of essays titled 'Azadi'.

Writer Arundhati Roy has been awarded the 45th European Essay Prize for lifetime achievement for the French translation of her compilation of essays titled 'Azadi'. Roy will receive a cash prize of CHF 20,000 (about Rs18 lakh), at a ceremony on September 12, 2023 in Lausanne, Switzerland. The award recognizes outstanding essays that criticise current societies, their practices and ideologies.


     


      Roy will receive a cash prize of CHF 20,000 (about Rs18 lakh), at a ceremony on September 12, 2023 in Lausanne, Switzerland.

     

 

     

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India and Australia have decided to expand the negotiations on Comprehensive Economic Cooperation Agreement by including 15 more areas like agri-tech, critical minerals, space and sports which have never been part of any trade deal.

India and Australia have decided to expand the negotiations on Comprehensive Economic Cooperation Agreement by including 15 more areas like agri-tech, critical minerals, space and sports which have never been part of any trade deal. The third round of negotiations on the comprehensive trade agreement with Australia currently end on June 16, 2023. The next round of talks are scheduled for July, 2023. India and Australia have already implemented an interim trade pact (Economic and Cooperation Agreement) in December 2022. IPEF was launched jointly by the US and other partner countries of the Indo-Pacific region on May 23, 2022 in Tokyo.


     


      India and Australia have already implemented an interim trade pact (Economic and Cooperation Agreement) in December 2022.

     

 

     

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India, Nepal, and Bangladesh have finalised the draft of a tripartite power trade agreement, a development in line with New Delhi’s efforts to forge greater energy connectivity across the neighbourhood.

India, Nepal, and Bangladesh have finalised the draft of a tripartite power trade agreement, a development in line with New Delhi’s efforts to forge greater energy connectivity across the neighbourhood. The proposed pact, the first of its kind, has been agreed to by the three countries and is expected to be signed in the coming months. The agreement will also meet a long-standing demand from Nepal and Bangladesh to allow the trading of power through the Indian grid.


     


      The proposed pact, the first of its kind, has been agreed to by the three countries and is expected to be signed in the coming months.

     

 

     

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Axis Bank has appointed former Reserve Bank of India (RBI) Deputy Governor NS Vishwanathan as a part-time Non-Executive Chairman.

Axis Bank has appointed former Reserve Bank of India (RBI) Deputy Governor NS Vishwanathan as a part-time Non-Executive Chairman. The board of directors of the bank have appointed Vishwanathan for a period of three years. Earlier, in May, Axis Bank had appointed Vishwanathan as an independent director. Other than Axis Bank, Vishwanathan, in April 2023 was appointed as head of the advisory board at Razorpay. He currently serves as the Non-Executive Chairman of the Governing Council at the Institute for Development and Research in Banking Technology, Hyderabad, as also of the Academic Council of the College of Supervisors, RBI, Mumbai.


     


      The board of directors of the bank have appointed Vishwanathan for a period of three years.

     

 

     

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Jettwings Airways has received the No Objection Certificate (NOC) to operate as 'Scheduled Commuter Air Transport Services' in the country's northeastern region.

Jettwings Airways has received the No Objection Certificate (NOC) to operate as 'Scheduled Commuter Air Transport Services' in the country's northeastern region. Jettwings Airways, which is all set to soar in the Indian skies, will have its base in Guwahati. Once fully approved for flight operations, Jettwings Airways will be the first company from the northeast India region to operate airline operations there. The to-be-launched airline plans to offer regional connectivity to passengers, leveraging the Centre's UDAN scheme to a number of destinations in the northeast and eastern region initially. The airline has already begun hiring human resources in various departments.


     


      The airline has already begun hiring human resources in various departments.

     

 

     

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The Quality Control Orders (QCOs) for 24 footwear products will be implemented from July 1, 2023.

The Quality Control Orders (QCOs) for 24 footwear products will be implemented from July 1, 2023. QCOs will be implemented for large and medium enterprises from July 1, 2023, while for small and micro units, these will be applicable from January 1, 2023 and July 1, 2023, respectively. All the stakeholders have been given sufficient time to comply with the QCOs. The BIS certification scheme is voluntary in nature but the Centre can make the compliance of Indian Standards compulsory for various products.


     


      QCOs will be implemented for large and medium enterprises from July 1, 2023, while for small and micro units, these will be applicable from January 1, 2023 and July 1, 2023, respectively.

     

 

     

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Glenda Jackson, the Oscar-winning actress and UK's former politician, has passed away at the age of 87.

Glenda Jackson, the Oscar-winning actress and UK's former politician, has passed away at the age of 87. Jackson twice won the Best Actress Academy Award, for 1970's Women in Love and 1973's A Touch of Class. She was also nominated in the same category for 1971's Sunday Bloody Sunday and 1975's Hedda. In the early '90s, She becoming a member of Parliament in 1992 and later serving as a minister for transport in Prime Minister Tony Blair's first government.


     


      In the early '90s, She becoming a member of Parliament in 1992 and later serving as a minister for transport in Prime Minister Tony Blair's first government.

     

 

     

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A consortium of Titagarh Rail Systems Ltd (TRSL) and state-owned Bharat Heavy Electricals Ltd (BHEL) has signed a contract with Indian Railways for manufacturing 80 Vande Bharat sleeper trains by 2029.

A consortium of Titagarh Rail Systems Ltd (TRSL) and state-owned Bharat Heavy Electricals Ltd (BHEL) has signed a contract with Indian Railways for manufacturing 80 Vande Bharat sleeper trains by 2029. The estimated value of the contract is Rs24,000 crore. This is the first time Indian Railways has awarded a contract of this value to an Indian consortium for design and manufacturing of complete train sets and maintenance for 35 years. The final assembly, testing and commissioning of the Vande Bharat sleeper trains will be done at the Indian Railway's facilities in Chennai. There will be 16 coaches in each train, with an approximate capacity to accommodate 887 passengers in total. The train will be designed to achieve speeds of 160 kilometres per hour (kmph).


      A consortium of Titagarh Rail Systems Ltd (TRSL) and state-owned Bharat Heavy Electricals Ltd (BHEL) has signed a contract with Indian Railways for manufacturing 80 Vande Bharat sleeper trains by 2029.


      The estimated value of the contract is Rs24,000 crore.

      The train will be designed to achieve speeds of 160 kilometres per hour (kmph).

 

     

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Adani Green Energy Limited (AGEL) has been ranked First in Asia and among the top 10 companies globally in the renewable energy sector by ISS ESG.

Adani Green Energy Limited (AGEL) has been ranked First in Asia and among the top 10 companies globally in the renewable energy sector by ISS ESG. AGEL has been placed in the β€˜Prime’ (B+) band, recognizing its robust ESG disclosure practices and high level of transparency. AGEL has already been ranked in the world’s top 10 companies in the Renewable Energy sector by Sustainalytics in FY23. AGEL has the largest operating renewable portfolio in India with 8,216 MW. AGEL has implemented a group-wide health and safety management system, which is certified in accordance with ISO 45001 standards.


      Adani Green Energy Limited (AGEL) has been ranked First in Asia and among the top 10 companies globally in the renewable energy sector by ISS ESG.


      AGEL has been placed in the β€˜Prime’ (B+) band, recognizing its robust ESG disclosure practices and high level of transparency.

      AGEL has the largest operating renewable portfolio in India with 8,216 MW.

 

     

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The US Green Building Council (USGBC) and Green Business Certification Inc. (GBCI) announced India as a top country with LEED Zero green building projects.

The US Green Building Council (USGBC) and Green Business Certification Inc. (GBCI) announced India as a top country with LEED Zero green building projects. India as a global leader in LEED Zero certifications, outperforming both the United States and China. India has 73 LEED Zero certified projects, comprising 45% of the more than 150 total LEED Zero certifications, with Haryana and Tamil Nadu leading the way in certifications. The United States and China have the second and third most LEED Zero certifications, with 47 (30%) and 15 (10%) certifications, respectively. India-based real estate developer DLF is the leader globally in total LEED Zero certifications with 45 certifications, followed by ITC Group with 15 certifications.


      The US Green Building Council (USGBC) and Green Business Certification Inc. (GBCI) announced India as a top country with LEED Zero green building projects.


      India has 73 LEED Zero certified projects, comprising 45% of the more than 150 total LEED Zero certifications, with Haryana and Tamil Nadu leading the way in certifications.

      The United States and China have the second and third most LEED Zero certifications, with 47 (30%) and 15 (10%) certifications, respectively.

 

     

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A Kerala-based startup, Farmers Fresh Zone (FarmersFZ), has been selected for the 'Accelerator Programme by the Food and Agriculture Organisation (FAO) of the UN.

A Kerala-based startup, Farmers Fresh Zone (FarmersFZ), has been selected for the 'Accelerator Programme by the Food and Agriculture Organisation (FAO) of the UN. FarmersFZ has figured in the list of 12 agri-food startups around the world for the UN body to develop business. The Kochi-based multichannel marketplace platform, which functions under the Kerala Startup Mission (KSUM), is one among India's two startups to qualify for the 'Accelerator Programme'. Its ultimate aim is to attain the UN Sustainable Development Goals. FarmersFZ, which bridges the gap between rural farmers and urban consumers by providing healthy, premium-quality and pesticide-free vegetables from fields to the table within 24 hours of harvest, connects more than three lakh consumers and 2,000-plus farmers in Kerala.


     


      FarmersFZ has figured in the list of 12 agri-food startups around the world for the UN body to develop business.

     

 

     

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PhonePe officially launched the PhonePe Payment Gateway with a special limited-period offer for new MSME merchants.

PhonePe officially launched the PhonePe Payment Gateway with a special limited-period offer for new MSME merchants. Most of the payment gateways charge 2 percent on transaction fee. PhonePe’s payment gateway aims to help merchants save up to Rs8 lakh, who have monthly sales of Rs1 lakh. With the latest launch, merchants across Android, mobile web, iOS and desktop can easily accept transactions. In June 2023, PhonePe announced account aggregator services (AAS) to provide secure and easy sharing of financial data between customers and financial institutions. PhonePe is already a market leader in UPI with over 50 percent market share by value.


     


      Most of the payment gateways charge 2 percent on transaction fee.

     

 

     

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The Financial Services Institutions Bureau (FSIB) has recommended Ramaswamy Narayanan as the Chairman-cum-Managing Director (CMD) of General Insurance Corporation of India (GIC Re) and Rajeshwari Singh for the position of CMD in National Insurance Company

The Financial Services Institutions Bureau (FSIB) has recommended Ramaswamy Narayanan as the Chairman-cum-Managing Director (CMD) of General Insurance Corporation of India (GIC Re) and Rajeshwari Singh for the position of CMD in National Insurance Company Limited (NICL). Ramaswamy Narayanan emerged as the top contender for the CMD position at GIC Re. Rajeshwari Singh Muni was selected for the CMD position at NICL.


     


     

     

 

     

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Kotak Mahindra Bank launched its 'ActivMoney' feature, which gives customers the benefit of fixed deposit (FD)-like interest up to 7 percent per annum, and the flexibility to access their funds at any time from the linked savings account.

Kotak Mahindra Bank launched its 'ActivMoney' feature, which gives customers the benefit of fixed deposit (FD)-like interest up to 7 percent per annum, and the flexibility to access their funds at any time from the linked savings account. This is an auto sweep feature that is offered by several other banks, including Axis Bank, HDFC Bank, ICICI Bank and IndusInd Bank. The tenure of FDs and interest rates vary with the banks. Through ActivMoney, excess funds in the account, beyond a defined threshold, are automatically transferred to an FD. Default minimum threshold over which the surplus funds earn FD like higher interest rate is Rs25,000 for savings/salary/811 accounts and Rs50,000 for current accounts.


     


      Through ActivMoney, excess funds in the account, beyond a defined threshold, are automatically transferred to an FD.

     

 

     

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IndusInd Bank has strategic partnership with Wise, a global technology company, to provide convenient and efficient online inward remittance services specifically tailored for Non-Resident Indians (NRIs) residing in the United States and Singapore.

IndusInd Bank has strategic partnership with Wise, a global technology company, to provide convenient and efficient online inward remittance services specifically tailored for Non-Resident Indians (NRIs) residing in the United States and Singapore. Through this partnership, IndusInd Bank's customers can transfer funds from these two major global markets. The remittance service, known as Indus Fast Remit (IFR), will integrate with the Wise Platform, allowing NRIs to enjoy a multi-currency inward remittance service. Through this collaboration, NRIs can book remittance transactions on Indusind Bank Indus Fast Remit platform and credit to beneficiary will be routed under Rupee Drawing Arrangement (RDA) scheme of RBI through Wise's RDA partners in India.


     


      Through this partnership, IndusInd Bank's customers can transfer funds from these two major global markets.

     

 

     

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Motilal Oswal Asset Management Company has launched the first-ever passive fund on Nifty Microcap 250 Index.

Motilal Oswal Asset Management Company has launched the first-ever passive fund on Nifty Microcap 250 Index. The fund aims to provide investors an opportunity to participate in the growth potential of micro-cap stocks. The NFO opens on June 15, 2023. The Nifty Microcap 250 Index is designed to measure performance of the top 250 companies excluding those already present in the Nifty 500 constituents. The index is well-diversified, with its top 10 holdings accounting for only 11 percent against 59 percent in Nifty 50 Index. Further, it also provides diversified exposure to sectors like Industrials, Consumer Discretionary, Commodities and Healthcare that are usually underweight in broad-based market indices. Micro-caps are not under the radar of research analysts, with more than 40 percent of companies receiving no analyst coverage.


     


      The Nifty Microcap 250 Index is designed to measure performance of the top 250 companies excluding those already present in the Nifty 500 constituents.

     

 

     

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International Day of Family Remittances is annually observed on June 16 to mark the contributions made by over 200 million migrants to improve the lives of their family members back home.

International Day of Family Remittances is annually observed on June 16 to mark the contributions made by over 200 million migrants to improve the lives of their family members back home. The theme of International Day of Family Remittances 2023 is β€œDigital remittances towards financial inclusion and cost reduction”. The history of International Day of Family Remittances dates back to 2008. The International Fund for Agricultural Development (IFAD) and the World Bank together marked the first-ever International Day of Family Remittances on 16 June 2008. United Nations General Assembly passed a resolution and declared 16 June as official International Day of Family Remittances.


     


      The theme of International Day of Family Remittances 2023 is β€œDigital remittances towards financial inclusion and cost reduction”.

     

 

     

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The Reserve Bank of India has given its approval for the re-appointment of P N Vasudevan as MD & CEO of Equitas Small Finance Bank for a period of three years with effect from July 23, 2023.

The Reserve Bank of India has given its approval for the re-appointment of P N Vasudevan as MD & CEO of Equitas Small Finance Bank for a period of three years with effect from July 23, 2023. Vasudevan's current term as MD & CEO expires on July 22, 2023. He had announced his intention to step down in May 2023 to devote his time towards social welfare through his public charitable trust. Vasudevan is the founder of Equitas and has been associated with its journey as a microfinance institution dating back to 2007. The entity was converted into a bank, under his leadership, in 2016.


     


      Vasudevan's current term as MD & CEO expires on July 22, 2023.

     

 

     

__________________________________________

Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah has been re-elected as Kuwait’s Prime Minister.

Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah has been re-elected as Kuwait’s Prime Minister. On June 6, Kuwaiti voters cast their ballots to elect the 17th National Assembly. A total of 50 lawmakers were elected out of 207 candidates in the new legislative body for a term of four years. Sheikh Ahmad served as the Kuwait National Guard’s deputy commander between November 2020 and March 2022 and was first appointed as the Prime Minister on July 24, 2022.


     


      Sheikh Ahmad served as the Kuwait National Guard’s deputy commander between November 2020 and March 2022 and was first appointed as the Prime Minister on July 24, 2022.

     

 

     

__________________________________________

Gopichand Hinduja has taken over as chairman of the Hinduja Group following the death of his brother, Srichand Hinduja on 17th May 2023.

Gopichand Hinduja has taken over as chairman of the Hinduja Group following the death of his brother, Srichand Hinduja on 17th May 2023. Gopichand Hinduja, who was the co-chairman of the Hinduja Group, oversees a diverse global business empire. The company was founded in 1914 by Parmanand Deepchand Hinduja.


     


      The company was founded in 1914 by Parmanand Deepchand Hinduja.

     

 

     

__________________________________________

The Ministry of Defence reportedly approved the acquisition MQ-9B Reaper armed drones from the US during a Defence Acquisition Council meeting led by Defence Minister Rajnath Singh.

The Ministry of Defence reportedly approved the acquisition MQ-9B Reaper armed drones from the US during a Defence Acquisition Council meeting led by Defence Minister Rajnath Singh. India will procure 31 armable MQ-9B SeaGuardian drones made by General Atomics, an American energy and defence company. The MQ-9B drone is a variant of the MQ-9 "Reaper" which was used to launch a modified version of the Hellfire missile. The MQ-9B has two variants β€” SkyGuardian and its sibling SeaGuardian. MQ-9B Sea Guardian can carry up to 12,500 lb (5,670 kg) and has fuel capacity of 6,000 lb (2,721 kg), as per the information by the General Atomics.


     


      The MQ-9B has two variants β€” SkyGuardian and its SeaGuardian.

     

 

     

__________________________________________

Infrastructure Finance Secretariat (IFS), DEA, launches the revamped website of PPPININDIA and online portals for India Infrastructure Project Development Funding Scheme (IIPDF).

The Infrastructure Finance Secretariat (IFS) has revamped its website of PPPININDIA for its enhanced value to the stakeholders involved in PPP projects. PPPININDIA is a website dedicated to promoting and facilitating Public Private Partnerships in India. Through this revamped website, the IFS aims to create a vibrant ecosystem that nurtures partnership, encourages investment, and facilitates the exchange of knowledge and resources. To promote Digital India initiative of the Government of India, the IFS has launched the IIPDF Portal for submitting applications for consideration under IIPDF Scheme. Additionally, the revamped website hosts Best Practices Portal that contains the best practices in successful implementation of infrastructure projects by the states and central ministries. The revamped website, with its enhanced ease of use and information content will serve as a one stop solution comprehensive website for PPP projects database, PPP knowledge hub, details of upcoming PPP events, workshops and forums where key stakeholders can come together, exchange ideas.


     


      To promote Digital India initiative of the Government of India, the IFS has launched the IIPDF Portal for submitting applications for consideration under IIPDF Scheme.

     

 

     

__________________________________________

Google and India’s Ministry of Electronics and Information Technology (MeitY) have collaboration for the β€˜G20-Stay Safe Online’ campaign.

Google and India’s Ministry of Electronics and Information Technology (MeitY) have collaboration for the β€˜G20-Stay Safe Online’ campaign. The campaign aims to promote online safety and cyber hygiene among citizens of all ages. This initiative will offer helpful content covering a wide range of topics related to online safety. This collaboration between Google and the IT Ministry demonstrates their joint commitment to creating a safer online environment for Indian users. This initiative will contribute to enhancing the digital literacy and cyber safety of millions of Indian internet users.


     


      This initiative will offer helpful content covering a wide range of topics related to online safety.

     

 

     

__________________________________________

Raja Parba 2023 is being celebrated 14 June to 16 June in Odisha.

Raja Parba, also known as Mithun Sankranti, is a three-day long festival celebrated with great enthusiasm and grandeur in Odisha. It starts on June 14 and ends on June 16. The festival is dedicated to honoring Mother Earth and celebrating womanhood. Raja Parba is the festival, which is celebrated with great enthusiasm and happiness in Odisha. Raja Parba is one of the most popular festivals which is celebrated in Odisha. They celebrate this day with great grandeur. This is a three day long festival celebrated by the people of Odisha, the first day is known as Raja Sankranti, the second day is called Mithun Sankranti and the third day is called Bhudaha or Basi Raja. Raja Parba 2023 is being celebrated 14 June to 16 June.


     


      Raja Parba 2023 is being celebrated 14 June to 16 June.

     

 

     

__________________________________________

The UN General Assembly (UNGA) has adopted a draft resolution introduced by India to establish a memorial wall in the UN Headquarters to honour fallen peacekeepers.

The UN General Assembly (UNGA) has adopted a draft resolution introduced by India to establish a memorial wall in the UN Headquarters to honour fallen peacekeepers. India’s Permanent Representative to the UN Ambassador Ruchira Kamboj introduced the draft resolution titled β€˜Memorial wall for fallen United Nations peacekeepers’. India is currently the 3rd largest contributor of uniformed personnel to UN Peacekeeping with more than 6,000 military and police personnel deployed to Abyei, the Central African Republic, Cyprus, the Democratic Republic of the Congo, Lebanon, the Middle East and Western Sahara.


     


      India is currently the 3rd largest contributor of uniformed personnel to UN Peacekeeping with more than 6,000 military and police personnel deployed to Abyei, the Central African Republic, Cyprus, the Democratic Republic of the Congo, Lebanon, the Middle

     

 

     

__________________________________________

As per a report by the International Energy Agency (IEA), The growth in demand for oil in India will overtake that in China by 2027.

As per a report by the International Energy Agency (IEA), The growth in demand for oil in India will overtake that in China by 2027. 'Oil 2023', the multilateral agency’s outlook for the next five years, said China’s demand will fall consistently from 2024 after a massive rise this year. The United States, China, and India are the world’s three largest oil consumers in that order. IEA raised its forecast for world oil growth demand to 2.4 million barrels per day in 2023, after the Chinese economy rebounded towards growth faster than expected. China will in 2023 account for nearly 60 percent of global growth in oil demand. Despite this cumulative increase, annual demand growth is expected to shrivel from 2.4 million barrels per day this year to just 0.4 million barrels per day in 2028.


     


      China will in 2023 account for nearly 60 percent of global growth in oil demand.

     

 

     

__________________________________________

The World Bank (WB) launched its first dedicated road safety project in South Asia with a USD 358 million financing agreement signed in Dhaka with the government of Bangladesh.

The World Bank (WB) launched its first dedicated road safety project in South Asia with a USD 358 million financing agreement signed in Dhaka with the government of Bangladesh. The project seeks to improve road safety and reduce fatalities and injuries from road crashes in selected cities, high-risk highways, and district roads. Two national highways of Bangladesh, Gazipur-Elenga (N4) and Natore-Nawabganj (N6), will be taken up for the implementation of this project. The project will pilot comprehensive road safety measures, including improved engineering designs, signage and marking, pedestrian facilities, speed enforcement, and emergency care. The project will pilot Ambulance services, including bike-ambulances, with a toll-free number to take road crash victims to the hospital quickly.


     


      Two national highways of Bangladesh, Gazipur-Elenga (N4) and Natore-Nawabganj (N6), will be taken up for the implementation of this project.

     

 

     

__________________________________________

Max Life Insurance Company launched the 'Smart Wealth Advantage Growth Par Plan', a non-linked participating individual life insurance savings plan.

Max Life Insurance Company launched the 'Smart Wealth Advantage Growth Par Plan', a non-linked participating individual life insurance savings plan. It aims to provide individuals with financial protection and savings accumulation. These types of plans combine the benefits of life insurance coverage with savings. The plan offers benefits of enhanced liquidity, guaranteed income, cash bonuses, retirement income planning, flexibility in income options, and enhanced protection benefits. The plan comes with four variants – namely, Insta Income, Balanced Income, Future Income, and Lifelong Income, all with built-in guarantees, cash bonuses (if declared), and life coverage throughout the policy term.


     


      These types of plans combine the benefits of life insurance coverage with savings.

     

 

     

__________________________________________

Tata Steel Limited and Germany’s SMS group have signed a MoU to collaborate on decarbonisation of steel making process.

Tata Steel Limited and Germany’s SMS group have signed a MoU to collaborate on decarbonisation of steel making process. As part of the MoU, the companies shall undertake further technical discussions and initiate actions for conducting Joint Industrial Demonstration of the EASyMelt technology, developed by SMS group. The demonstration will be executed at β€˜E’ Blast Furnace in Tata Steel’s Jamshedpur plant with an objective to reduce CO2 emission by more than 50% from blast furnace’s baseline operation. Tata Steel is prioritising decarbonisation and has set a goal of achieving net zero carbon emissions by 2045.


     


      Tata Steel is prioritising decarbonisation and has set a goal of achieving net zero carbon emissions by 2045.

     

 

     

__________________________________________

England all-rounder Moeen Ali has been recognised in the Queen's Platinum Jubilee Honours list and awarded the Order of the British Empire (OBE) for his services to cricket.

England all-rounder Moeen Ali has been recognised in the Queen's Platinum Jubilee Honours list and awarded the Order of the British Empire (OBE) for his services to cricket. Moeen, who made his debut in 2014, was part of England's World Cup-winning squad in 2019. He announced his retirement from Test cricket last year after taking 195 wickets in 64 matches, the third most Test wickets by a spinner for England. He has also scored 2914 runs. He, however, continues to represent England in limited-overs cricket. He has so far played 112 ODIs and 49 T20Is, amassing 2514 runs and taking 120 wickets across the two formats.


     


      He announced his retirement from Test cricket last year after taking 195 wickets in 64 matches, the third most Test wickets by a spinner for England. He has also scored 2914 runs.

     

 

     

__________________________________________

Indian Ambassador Satish Chandra has authored a book titled β€˜A Life Well Spent – Four Decades in the Indian Foreign Service,’ chronicling his extensive career in the Indian Foreign Service (IFS) from 1965 to 2005.

Indian Ambassador Satish Chandra has authored a book titled β€˜A Life Well Spent – Four Decades in the Indian Foreign Service,’ chronicling his extensive career in the Indian Foreign Service (IFS) from 1965 to 2005. The book was published in May 2023 by Rupa Publications. Satish Chandra is currently being the Vice Chairman of the New Delhi-based think tank, influential brains trust, Vivekananda International Foundation.


     


      The book was published in May 2023 by Rupa Publications.

     

 

     

__________________________________________

Global Wind Day is celebrated annually on June 15 worldwide to raise awareness about the benefits of wind energy and promote its further development and usage worldwide.

Global Wind Day is celebrated annually on June 15 worldwide to raise awareness about the benefits of wind energy and promote its further development and usage worldwide. In the year 2007, the European Wind Energy Association (EWEA) organized the first Wind Day, marking the beginning of this significant event. However, it was in 2009 that the EWEA joined forces with the Global Wind Energy Council (GWEC) to transform Wind Day into a global celebration.


     


     

     

 

     

__________________________________________

ASEAN Dengue Day is celebrated on 15 June to raise awareness among the general public about the threat of dengue fever.

ASEAN Dengue Day is celebrated on 15 June to raise awareness among the general public about the threat of dengue fever. The theme for the ASEAN Dengue Day 2023 is β€œASEAN’s Commitment to Fight Against Dengue”. Dengue is a viral disease caused by the dengue virus types DENV, 1–4 serotypes DEN-1, DEN-2, DEN-3, and DEN-4. The Association of Southeast Asian Nations (ASEAN) observes ASEAN Dengue Day on 15th June since 2011. ADD was begun at the 19th Summit in Hanoi, Vietnam, on October 30, 2010. Indonesia was among the first nations to commemorate ADD on June 15, 2011.


     


      The theme for the ASEAN Dengue Day 2023 is β€œASEAN’s Commitment to Fight Against Dengue”.

     

 

     

__________________________________________

The Chief Minister of Himachal Pradesh, Sukhvinder Singh Sukhu, inaugurated the online portal of the Himachal Pradesh Nurses Registration Council (HPNRC).

The Chief Minister of Himachal Pradesh, Sukhvinder Singh Sukhu, inaugurated the online portal of the Himachal Pradesh Nurses Registration Council (HPNRC). The launch of this state-of-the-art website marks a new era in the nursing profession, providing nurses with seamless access to a plethora of services and transforming the way they interact with the council. Through this user-friendly portal, nurses can now avail themselves of a wide range of services without the need for physical visits to the council’s office.


     


      Through this user-friendly portal, nurses can now avail themselves of a wide range of services without the need for physical visits to the council’s office.

     

 

     

__________________________________________

World Elder Abuse Awareness Day is observed on June 15 to raise awareness about the abuse experienced by older adults.

World Elder Abuse Awareness Day is observed on June 15 to raise awareness about the abuse experienced by older adults. This day was first established by the United Nations General Assembly in 2011. World Elder Abuse Awareness Day, observed every year on June 15, was started by the International Network for the Prevention of Elder Abuse (INPEA) in 2006. The theme for World Elder Abuse Awareness Day 2023 is "Closing the Circle: Addressing Gender-Based Violence (GBV) in Older Age - Policy, Law and Evidence-based Responses".


     


      The theme for World Elder Abuse Awareness Day 2023 is "Closing the Circle: Addressing Gender-Based Violence (GBV) in Older Age - Policy, Law and Evidence-based Responses".

     

 

     

__________________________________________

The Assam government signed MoUs with Northeast Frontier Railways (NFR) and Numaligarh Refinery Limited (NRL) for construction of the second entry to Guwahati railway station and supply of high speed diesel for IWT (inland water transport) vessels.

The Assam government signed MoUs with Northeast Frontier Railways (NFR) and Numaligarh Refinery Limited (NRL) for construction of the second entry to Guwahati railway station and supply of high speed diesel for IWT (inland water transport) vessels. In accordance with the terms of the pact, ASTC handed over four bighas, four kathas and 19 lechas of its land to NFR. In exchange, NFR has given 20 bighas, two kathas and one lechas of land to ASTC at Jalukbari along NH-31. Moreover, the railway has given Rs5.93 crore to ASTC. On the other hand, as a part of the second MoU between the directorate of IWT Assam and NRL, IWT will get high speed diesel from the NRL for its vessels in Assam.


     


      On the other hand, as a part of the second MoU between the directorate of IWT Assam and NRL, IWT will get high speed diesel from the NRL for its vessels in Assam.

     

 

     

__________________________________________

The Global DPI Summit 2023, as the side event of third meeting of G20 Digital Economy Working Group, was successfully organised.

The Global DPI Summit 2023, as the side event of third meeting of G20 Digital Economy Working Group, was successfully organised in Pune. Summit was inaugurated by Union Minister of State in Ministry of Electronics and IT and MSDE, Rajeev Chandrasekhar, the summit was attended by 150 foreign delegates from around 50 countries and over 250 delegates in-person and more than 2000 persons attended the summit live. During the summit, India signed the MoU with four countries namely Armenia, Sierra Leone, Suriname and Antigua and Barbuda on sharing INDIA STACK i.e. successful digital solutions implemented at population scale. Ten Panel Discussions on sector agnostic and sectoral DPIs were held.


      The Global DPI Summit 2023, as the side event of third meeting of G20 Digital Economy Working Group, was successfully organised in Pune.


      Summit was inaugurated by Union Minister of State in Ministry of Electronics and IT and MSDE, Rajeev Chandrasekhar.

      During the summit, India signed the MoU with four countries namely Armenia, Sierra Leone, Suriname and Antigua and Barbuda on sharing INDIA STACK i.e. successful digital solutions implemented at population scale.

 

     

__________________________________________

Indian Naval Ship Satpura participated in the 4th edition of the Multilateral Naval Exercise KOMODO (MNEK-23) scheduled from 4 to 8 June 2023 at Makassar, Indonesia.

Indian Naval Ship Satpura participated in the 4th edition of the Multilateral Naval Exercise KOMODO (MNEK-23) scheduled from 4 to 8 June 2023 at Makassar, Indonesia. The ship represented the Indian Navy at the International Fleet Review (IFR) being reviewed by HE Joko Widodo, the President of the Republic of Indonesia on 05 June 2023. INS Satpura participated in the International Maritime Security Symposium and various other activities that include City Parade, Cultural Programmes and Band performances. INS Satpura, an indigenously designed and built multipurpose stealth frigate, is a part of the Eastern Fleet. The ship is currently mission deployed in South East Asia.


     


      INS Satpura participated in the International Maritime Security Symposium and various other activities that include City Parade, Cultural Programmes and Band performances.

     

 

     

__________________________________________

RBI Governor Shaktikanta Das launched a financial inclusion dashboard named 'Antardrishti'.

RBI Governor Shaktikanta Das launched a financial inclusion dashboard named 'Antardrishti'. The dashboard would provide the necessary knowledge to evaluate and track the development of financial inclusion by recording relevant data. This tool will also make it possible to assess the degree of financial exclusion at a local level across the nation so that such places may be addressed. The Reserve Bank has been supporting financial inclusion by implementing a number of policy initiatives and the launch of Antardrishti' is another step in this direction. To measure the extent of financial inclusion, RBI had constructed the Financial Inclusion (FI) Index in 2021. The index records data on different aspects of financial inclusion in a single value ranging from 0 to 100, where 0 denotes total financial exclusion and 100 denotes complete financial inclusion.


      RBI Governor Shaktikanta Das launched a financial inclusion dashboard named 'Antardrishti'.


      To measure the extent of financial inclusion, RBI had constructed the Financial Inclusion (FI) Index in 2021.

      The index records data on different aspects of financial inclusion in a single value ranging from 0 to 100, where 0 denotes total financial exclusion and 100 denotes complete financial inclusion.

 

     

__________________________________________

Fino Payments Bank has partnered with Sequoia Capital-backed fintech Hubble to introduce India’s first spending account.

Fino Payments Bank has partnered with Sequoia Capital-backed fintech Hubble to introduce India’s first spending account. The partnership, under Fino 2.0 initiative on building digital assets, strengthens the digital offerings of India’s only listed payments bank to enhance customer experience. The first of its kind spending account offering from a fintech in India and across the world is specifically designed for GenZ and millennial customers’ growing aspirations and lifestyle changes. Hubble’s spending account provides customers better value on their lifestyle spends. People can park their funds, spend and save up to 10% on all purchases made from the account. Further, users can track spends across categories of over 50+ brands that Hubble has partnered with and save up to Rs20,000 a year.


     


      The partnership, under Fino 2.0 initiative on building digital assets, strengthens the digital offerings of India’s only listed payments bank to enhance customer experience.

     

 

     

__________________________________________

The Securities and Exchange Board of India (SEBI) introduced a regulatory framework for online investment platforms that facilitate investments in commission-free mutual fund (MF) schemes.

The Securities and Exchange Board of India (SEBI) introduced a regulatory framework for online investment platforms that facilitate investments in commission-free mutual fund (MF) schemes. It also addresses investor concerns on associated risks and introduces grievance redressal mechanism. It providing MF investment services in direct plans will have to apply for execution only platform (EOP) licence either with SEBI or the Association of Mutual Funds in India (Amfi) within three months of the regulation coming into force. As of now, these MF investment platforms operate under a stock broker or investment advisor (IA) licence. Platforms of investment advisors and stock brokers will not need an EOP registration if it is open only for their advisory or broking clients.


     


      It providing MF investment services in direct plans will have to apply for execution only platform (EOP) licence either with SEBI or the Association of Mutual Funds in India (Amfi) within three months of the regulation coming into force.

     

 

     

__________________________________________

As per report released by microfinance institutions network (MFIN), Microfinance loan portfolio increased by 22 percent to Rs3.5 lakh crore during 2022-23.

As per report released by microfinance institutions network (MFIN), Microfinance loan portfolio increased by 22 percent to Rs3.5 lakh crore during 2022-23. Gross loan portfolio stood at Rs2.85 lakh crore as on March 31, 2022. Microfinance loan disbursals during FY 2022-23 improved by 23 percent to Rs2,96,423 crores compared to Rs2,39,433 crore in the previous financial year. About 7.17 crore loans were disbursed during FY 22-23 as against 6.30 crore in the previous year. Bihar is the largest state in terms of portfolio outstanding followed by Tamil Nadu and Uttar Pradesh.


      As per report released by microfinance institutions network (MFIN), Microfinance loan portfolio increased by 22 percent to Rs3.5 lakh crore during 2022-23.


      Gross loan portfolio stood at Rs2.85 lakh crore as on March 31, 2022.

      Bihar is the largest state in terms of portfolio outstanding followed by Tamil Nadu and Uttar Pradesh.

 

     

__________________________________________

The Governor of the Reserve Bank of India, Shaktikanta Das was honoured with the title of β€˜Governor of the Year’ for 2023 by Central Banking in London.

The Governor of the Reserve Bank of India, Shaktikanta Das was honoured with the title of β€˜Governor of the Year’ for 2023 by Central Banking in London. Central Banking is an international economic research journal. He was recommended for the award by the publication in March 2023. He was awarded the title for his leadership of the central bank during global turmoil and tough situations. Moreover, he is the second Central Bank governor to be honoured with the award after Raghuram Rajan, who bagged the title in 2015.


     


      Moreover, he is the second Central Bank governor to be honoured with the award after Raghuram Rajan, who bagged the title in 2015.

     

 

     

__________________________________________

IndiGo chief executive officer Peter Elbers has been elected as the next chief of the International Air Transport Association (IATA)'s board of governors.

IndiGo chief executive officer Peter Elbers has been elected as the next chief of the International Air Transport Association (IATA)'s board of governors. Effective June 2024, he will succeed the present chair, Yvonne Manzi Makolo, the CEO of Rwandair. As the chair-elect of the IATA BoG, Elbers will play a pivotal role in further shaping the global aviation landscape, advocating for the industry's interests, and driving innovation and sustainability initiatives. Pieter Elbers' appointment reinforces IndiGo's position as a driving force in the Indian aviation landscape.


     


      Effective June 2024, he will succeed the present chair, Yvonne Manzi Makolo, the CEO of Rwandair.

     

 

     

__________________________________________

Senior IAS officer Sudhansh Pant has been named as the new Union Health Secretary.

Senior IAS officer Sudhansh Pant has been named as the new Union Health Secretary. Pant, a 1991-batch Indian Administrative Service (IAS) officer of Rajasthan cadre, is currently the Secretary in the Ministry of Ports, Shipping and Waterways. He has been appointed as the Officer on Special Duty in the Department of Health and Family Welfare. The officer will take over as Secretary in the Ministry of Health and Family Welfare upon retirement of Rajesh Bhushan on July 31, 2023. Chanchal Kumar, Managing Director of National Highways and Infrastructure Development Corporation Ltd, has been named as the new Civil Aviation Secretary.


     


      The officer will take over as Secretary in the Ministry of Health and Family Welfare upon retirement of Rajesh Bhushan on July 31, 2023.

     

 

     

__________________________________________

Researchers from Mizoram University and Max Planck Institute for Biology have discovered a new species 'Gekko mizoramensis' of Flying gecko from the forests of Mizoram.

Researchers from Mizoram University and Max Planck Institute for Biology have discovered a new species 'Gekko mizoramensis' of Flying gecko from the forests of Mizoram. They have named it Gekko mizoramensis or the Mizoram parachute gecko. There are more than 1,200 species of gecko today, making up around a fifth of all known lizards.


     


      There are more than 1,200 species of gecko today, making up around a fifth of all known lizards.

     

 

     

__________________________________________

The Geological Survey of India Training Institute (GSITI), functioning under the Ministry of Mines, has been awarded with the accreditation by the National Accreditation Board of Education and Training (NABET) in recognition of the yeomen services.

The Geological Survey of India Training Institute (GSITI), functioning under the Ministry of Mines, has been awarded with the accreditation by the National Accreditation Board of Education and Training (NABET) in recognition of the yeomen services. The team from Capacity Building Commission (CBC), NABET and Quality Control of India conducted the on-site assessment and awarded the Certificate of Accreditation with the grading of 'Athi Uttam'. The assessment was made on the basis of the inspection of all standard operating procedures and methodologies followed by the institute in different levels. Established in 1976, GSITI with its headquarters at Hyderabad, has six Regional Training Divisions (RTD) located at Hyderabad, Nagpur, Jaipur, Lucknow, Kolkata and Shillong.


      The Geological Survey of India Training Institute (GSITI), functioning under the Ministry of Mines, has been awarded with the accreditation by the National Accreditation Board of Education and Training (NABET) in recognition of the yeomen services.


      The team from Capacity Building Commission (CBC), NABET and Quality Control of India conducted the on-site assessment and awarded the Certificate of Accreditation with the grading of 'Athi Uttam'.

      Established in 1976, GSITI with its headquarters at Hyderabad, has six Regional Training Divisions (RTD) located at Hyderabad, Nagpur, Jaipur, Lucknow, Kolkata and Shillong.

 

     

__________________________________________

Insurance Regulatory and Development Authority of India (IRDAI) has accorded SBI Mutual Fund approval to acquire up to 10% of total paid-up equity share capital of ICICI Lombard General Insurance Company through market purchase.

Insurance Regulatory and Development Authority of India (IRDAI) has accorded SBI Mutual Fund approval to acquire up to 10% of total paid-up equity share capital of ICICI Lombard General Insurance Company through market purchase. For the quarter ended March 2023, promoter ICICI Bank’s shareholding in the general insurance company stood at 48.02%. SBI Mutual Fund through various schemes held 4.62% in the insurance company. This approval is subject to compliance with applicable provisions of IRDAI (Registration of Indian Insurance Companies) Regulations, 2022, Indian Insurance Companies (Foreign Investment) Rules, 2015, Insurance Act/Rules/Regulations, Orders, Circulars etc.


     


      For the quarter ended March 2023, promoter ICICI Bank’s shareholding in the general insurance company stood at 48.02%.

     

 

     

__________________________________________

Kolkata-based Garden Reach Shipbuilders and Engineers (GRSE) Ltd launched two warships of different classes and laid the keel of a third vessel.

Kolkata-based Garden Reach Shipbuilders and Engineers (GRSE) Ltd launched two warships of different classes and laid the keel of a third vessel. The ships launched were Anjadip, the 3rd Anti-Submarine Shallow Water Craft (ASWSWC), and Sanshodhak, the 4th Survey Vessel Large (SVL) while the keel was laid for the 7th ASWSWC. β€˜Anjadip’, the 3rd of eight ships of ASW Shallow Water Craft (SWC) Project being built by M/s GRSE for Indian Navy, was launched at M/s L&T, Kattupalli. The ship has been named Anjadip to signify the strategic maritime importance accorded to the island of Anjadip, located off Karwar. The contract for building eight ASW SWC ships was signed between MoD and Garden Reach Shipbuilders & Engineers (GRSE), Kolkata on 29 April 2019. The 77 m long ASW SWC ships have a displacement of 900 tons with a maximum speed of 25 knots and endurance of 1800 NM.


     


      β€˜Anjadip’, the 3rd of eight ships of ASW Shallow Water Craft (SWC) Project being built by M/s GRSE for Indian Navy, was launched at M/s L&T, Kattupalli.

     

 

     

__________________________________________

World Blood Donor Day is celebrated annually on June 14 to express gratitude for the selflessness of voluntary blood donors across the world.

World Blood Donor Day is celebrated annually on June 14 to express gratitude for the selflessness of voluntary blood donors across the world. The theme for World Blood Donor Day 2023 is 'Give blood, give plasma, share life, share often'. In 2004, the World Health Organization (WHO) initially established World Blood Donor Day. During the 58th World Health Assembly in 2005, it was officially designated as an annual global event to promote awareness about the significance of blood donation.


     


      The theme for World Blood Donor Day 2023 is 'Give blood, give plasma, share life, share often'.

     

 

     

__________________________________________

Madhya Pradesh chief minister Shivraj Singh Chouhan launched the electronic process to transfer Rs1,000 each in the bank accounts of 12 million women under the state’s Ladli Behna scheme.

Madhya Pradesh chief minister Shivraj Singh Chouhan launched the electronic process to transfer Rs1,000 each in the bank accounts of 12 million women under the state’s Ladli Behna scheme. In an event held in Jabalpur, Chouhan started the scheme with a single click. Some 12 million women will receive Rs1,000 every month under the welfare scheme. The chief minister also announced to form a Ladli Behna Sena that will help in implementing welfare schemes for women and help those in distress. The accounts of more than 12 million women have been linked to their Aadhaar ID numbers and direct benefit transfer under the scheme. About 96% women of the state now have bank accounts liked to direct benefit transfer. This is the third scheme for women and girl child in Madhya Pradesh. The application process started on March 25 and the last date for filing was April 30. The first list was released on May 1 and the final list on May 31. The eligibility letters were distributed to women from June 1, 2023. Meanwhile, the opposition Congress announced to give Rs1,500 to women under the Nari Samman scheme if they form the government in the upcoming 2023 assembly polls.


      Madhya Pradesh chief minister Shivraj Singh Chouhan launched the electronic process to transfer Rs1,000 each in the bank accounts of 12 million women under the state’s Ladli Behna scheme.


      This is the third scheme for women and girl child in Madhya Pradesh.

      The application process started on March 25 and the last date for filing was April 30. The first list was released on May 1 and the final list on May 31. The eligibility letters were distributed to women from June 1, 2023.

 

     

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In a first of its kind initiative in the banking industry, the Indian Overseas Bank (IOB) Introduced β€œMy Account My Name” for Saving Bank account customers.

In a first of its kind initiative in the banking industry, the Indian Overseas Bank (IOB) Introduced β€œMy Account My Name” for Saving Bank account customers. Now customers will get freedom to choose any name as their accounts number with IOB. The schemes were launched from Central Office, Chennai, virtually by IOB MD and CEO Ajay Kumar Srivastava with all the 49 Regional Offices spread over India. The account name can be a combination of 7 letters only, or 7 numbers only or 7 alpha numeric only like, AJIT007, PRADHAN or 2424707 etc. Customers will not be required to remember their 15 digits account numbers.


      In a first of its kind initiative in the banking industry, the Indian Overseas Bank (IOB) Introduced β€œMy Account My Name” for Saving Bank account customers.


      Now customers will get freedom to choose any name as their accounts number with IOB.

      The account name can be a combination of 7 letters only, or 7 numbers only or 7 alpha numeric only like, AJIT007, PRADHAN or 2424707 etc.

 

     

__________________________________________

Karnataka Vikas Grameena Bank (KVGB) has launched a new deposit scheme β€˜Vikas Ashadeep 400 days’.

Karnataka Vikas Grameena Bank (KVGB) has launched a new deposit scheme β€˜Vikas Ashadeep 400 days’. The scheme is of a tenor of 400 days with an interest rate of 7.50 percent for senior citizens and 7 percent for general public. Under the scheme, a minimum of Rs10,000 and maximum of Rs2 crore can be deposited.


     


      The scheme is of a tenor of 400 days with an interest rate of 7.50 percent for senior citizens and 7 percent for general public.

     

 

     

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South Indian Bank has launched SIB SWIFTe, an innovative and customer-centric digital account opening platform that eliminates the hassle of paper-based documentation.

South Indian Bank has launched SIB SWIFTe, an innovative and customer-centric digital account opening platform that eliminates the hassle of paper-based documentation. The platform prioritises customer convenience and transforms the account opening process, enabling the bank to swiftly on-board customers in less than five minutes. It provides a seamless start-to-finish digital experience for opening a Savings Account. SIB SWIFTe, a user-friendly and intuitive interface, provides clear instructions and visual cues to guide both customers and bank representatives through each step.


      South Indian Bank has launched SIB SWIFTe, an innovative and customer-centric digital account opening platform that eliminates the hassle of paper-based documentation.


      It provides a seamless start-to-finish digital experience for opening a Savings Account.

      SIB SWIFTe, a user-friendly and intuitive interface, provides clear instructions and visual cues to guide both customers and bank representatives through each step.

 

     

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The 12th edition of joint military exercise β€œEx Ekuverin” between the Indian Army & the Maldives National Defence Force has commenced at Chaubatia, Uttarakhand from 11 to 24 June 2023.

The 12th edition of joint military exercise β€œEx Ekuverin” between the Indian Army & the Maldives National Defence Force has commenced at Chaubatia, Uttarakhand from 11 to 24 June 2023. Ekuverin meaning β€˜Friends’ is a bilateral annual exercise conducted alternatively in India and Maldives. The exercise is aimed at enhancing interoperability in Counter Insurgency/ Counter Terrorism Operations under the UN mandate and carry out joint Humanitarian Assistance and Disaster Relief operations. The 11th edition of the exercise was held in Maldives in December 2021.


     


      The 11th edition of the exercise was held in Maldives in December 2021.

     

 

     

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India and UAE successfully held the 1st Meeting of the Joint Committee (JC) of the India-UAE CEPA.

India and UAE successfully held the 1st Meeting of the Joint Committee (JC) of the India-UAE CEPA. During the JC, both sides reviewed the bilateral trade under the CEPA, agreed to operationalize the established committees/sub-committees/technical council under the CEPA, agreed on mutual exchange of preferential trade data on quarterly basis for effective monitoring of the CEPA. Both sides also exchanged views on WTO matters. The 13th Ministerial Conference of the WTO (MC13) is scheduled to be held in Abu Dhabi, United Arab Emirates, during the week of 26 February 2024. Both the ministers also participated in a B-2-B event which was organized by the Department of Commerce in partnership with the Confederation of Indian Industry (CII).


     


      The 13th Ministerial Conference of the WTO (MC13) is scheduled to be held in Abu Dhabi, United Arab Emirates, during the week of 26 February 2024.

     

 

     

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Vice Admiral Biswajit Dasgupta, flag officer commanding-in-chief Eastern Naval Command, inaugurated the indigenously designed and developed state-of-the-art Naval Airfield Integrated Security System (NAISS) and the Naval Anti-Drone System (NADS) at INS De

Vice Admiral Biswajit Dasgupta, flag officer commanding-in-chief Eastern Naval Command, inaugurated the indigenously designed and developed state-of-the-art Naval Airfield Integrated Security System (NAISS) and the Naval Anti-Drone System (NADS) at INS Dega in Visakhapatnam. NAISS, developed by Bharat Electronics Limited, (BEL), is an AI-enabled multi-layered area security system while NADS, also developed by BEL. The indigenously developed NAISS and NADS highlight Indian Navy's focus towards innovative solutions and manufacturing.


     


      NAISS, developed by Bharat Electronics Limited, (BEL), is an AI-enabled multi-layered area security system while NADS, also developed by BEL.

     

 

     

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The Indian women hockey team won the Women's Junior Asia Cup 2023 championship at Kakamigahara, Japan, with a 2-1 victory over South Korea.

The Indian women hockey team won the Women's Junior Asia Cup 2023 championship at Kakamigahara, Japan, with a 2-1 victory over South Korea. This is India's first Women's Junior Asia Cup victory. India has previously qualified for the FIH Women's Junior World Cup in Chile in 2023. Earlier Japan beat China 2-1 to win the bronze and, in the process, become the third team to qualify for the World Cup.


     


      This is India's first Women's Junior Asia Cup victory.

     

 

     

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International Albinism Awareness Day is annually observed on June 13 to raise awareness for the rights of people suffering from albinism.

International Albinism Awareness Day is annually observed on June 13 to raise awareness for the rights of people suffering from albinism. June 13 was chosen as International Albinism Awareness Day (IAAD) since it was on that day in 2013 that the UN adopted its first-ever resolution on albinism. The theme for this International Albinism Awareness Day 2023 is β€˜Inclusion is Strength’.


     


      The theme for this International Albinism Awareness Day 2023 is β€˜Inclusion is Strength’.

     

 

     

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Hyundai Motor India Limited (HMIL) has signed cricketer Hardik Pandya as the brand ambassador for its sports utility vehicle (SUV).

Hyundai Motor India Limited (HMIL) has signed cricketer Hardik Pandya as the brand ambassador for its sports utility vehicle (SUV). He will be seen promoting the brand-new car via various media and digital campaigns.


     


     

     

 

     

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Energy transition platform Amp Energy India has secured up to USD 250 million (around Rs2,061 crore) from SMBC Bank of Japan (Sumitomo Mitsui Banking Corporation), ICG (Intermediate Capital Group), and AIIB (Asian Infrastructure Investment Bank).

Energy transition platform Amp Energy India has secured up to USD 250 million (around Rs2,061 crore) from SMBC Bank of Japan (Sumitomo Mitsui Banking Corporation), ICG (Intermediate Capital Group), and AIIB (Asian Infrastructure Investment Bank). The company is a renewable energy independent power producer (IPP) with a total portfolio of more than 2.7 gigawatts (GW) spread across 17 states.


     


     

     

 

     

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RING, India’s leading digital credit platform, has collaborated with the National Payments Corporation of India (NPCI) to integrate its recently available UPI Plug-in capabilities into RING’s existing array of digital services.

RING, India’s leading digital credit platform, has collaborated with the National Payments Corporation of India (NPCI) to integrate its recently available UPI Plug-in capabilities into RING’s existing array of digital services. This collaboration will enable RING to provide β€˜Scan & Pay’ choices to its existing clients as well as recruit new customers who choose UPI as a payment method. The RING app will become a one-stop integrated payment and credit solution, allowing customers to obtain credit and pay businesses across the country as a result of this agreement.


     


      This collaboration will enable RING to provide β€˜Scan & Pay’ choices to its existing clients as well as recruit new customers who choose UPI as a payment method.

     

 

     

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Reliance Industries Ltd (RIL) climbed 8th spots to the 45th rank in Forbes' latest Global 2000 list of public companies worldwide.

Reliance Industries Ltd (RIL) climbed 8th spots to the 45th rank in Forbes' latest Global 2000 list of public companies worldwide. The Global 2000 ranks the largest companies in the world using four metrics- sales, profits, assets, and market value. JPMorgan, America's biggest bank with $3.7 trillion in assets, is at the top of the list for the first time since 2011. Saudi Arabian Oil company is at the second position followed by three giant-sized state-owned Chinese banks. State Bank of India climbed to 77th spot from 105th in the 2022 ranking. HDFC Bank is at 128th position (153 in 2022) and ICICI Bank is at 163 (204 in 2022).


      Reliance Industries Ltd (RIL) climbed 8th spots to the 45th rank in Forbes' latest Global 2000 list of public companies worldwide.


      JPMorgan, America's biggest bank with $3.7 trillion in assets, is at the top of the list for the first time since 2011.

      State Bank of India climbed to 77th spot from 105th in the 2022 ranking. HDFC Bank is at 128th position (153 in 2022) and ICICI Bank is at 163 (204 in 2022).

 

     

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TransUnion CIBIL Ltd, India’s leading insights and information company, appointed Mr. V Anantharaman as its non-executive chairman.

TransUnion CIBIL Ltd, India’s leading insights and information company, appointed Mr. V Anantharaman as its non-executive chairman. He takes the charge from Mr M V Nair who has stepped down after more than eleven years of chairmanship. Anantharaman is an industry veteran who brings over three decades of experience in the financial services sector having led corporate and investment banking teams in leading international firms including Standard Chartered Bank, Credit Suisse, Deutsche Bank and Bank of America.


     


      He takes the charge from Mr M V Nair who has stepped down after more than eleven years of chairmanship.

     

 

     

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Azista BST Aerospace Pvt Ltd (ABA) has launched its first satellite, 'ABA First Runner (AFR)', aboard a SpaceX Falcon 9 rocket.

Azista BST Aerospace Pvt Ltd (ABA) has launched its first satellite, 'ABA First Runner (AFR)', aboard a SpaceX Falcon 9 rocket. AFR is an 80kg satellite built on a modular bus platform and has the capability to host a wide-swath optical remote sensing payload with both panchromatic and multispectral imaging capabilities. The satellite lifted off from Space Launch Complex 4E at Vandenberg Space Force Base, California, as part of Musk’s SpaceX rideshare project.


     


     

     

 

     

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Unique Identification Authority of India (UIDAI) and the National Testing Agency (NTA) have appointed senior IAS officers Amit Agrawal and Subodh Kumar Singh as CEO and director general, respectively.

Unique Identification Authority of India (UIDAI) and the National Testing Agency (NTA) have appointed senior IAS officers Amit Agrawal and Subodh Kumar Singh as CEO and director general, respectively. Both Agrawal (1993 batch) and Singh (1997 batch) are Indian Administrative Service (IAS) officers of the Chhattisgarh cadre. Agrawal, additional secretary in the Ministry of Electronics and Information Technology, has been appointed as the chief executive officer (CEO) of the Unique Identification Authority in the rank and pay of additional secretary to the Government of India.


     


     

     

 

     

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According to a data released by private economic think tank CMIE, unemployment rate in India fell to 7.7 percent in May due to a decline in the labour participation at 441.9 million.

According to a data released by private economic think tank CMIE, unemployment rate in India fell to 7.7 percent in May due to a decline in the labour participation at 441.9 million. Unemployment rate in India among people aged 15 years and above fell to 7.7 percent in May 2023, from 8.5 percent in April 2023. Compared to April, labour participation rate (LPR) fell by 1.1 percentage point to 39.6 percent in May 2023.


     


      Unemployment rate in India among people aged 15 years and above fell to 7.7 percent in May 2023, from 8.5 percent in April 2023.

     

 

     

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SBM Bank India launched SBM World Elite Metal Debit Card, which is Powered by Mastercard.

SBM Bank India launched SBM World Elite Metal Debit Card, which is Powered by Mastercard. SBM World Elite Metal Debit Card is designed and being offered exclusively to SBM Private customers. The all-new metal debit card from SBM Bank India offers cardholders an unmatched selection of specially curated travel programmes, lifestyle, and luxury benefits beyond the possibilities-available on the invitation to elite clients. SBM World Elite Metal Debit Card is valid for a period of 5 years from the date of issue of the card. SBM World Elite Metal Debit Card offers a world of exclusive cherry-picked privileges across 500 luxury hotels, resorts and Michelin-star restaurants globally, including Taj Epicure.


      SBM Bank India launched SBM World Elite Metal Debit Card, which is Powered by Mastercard.


      SBM World Elite Metal Debit Card is designed and being offered exclusively to SBM Private customers.

      SBM World Elite Metal Debit Card is valid for a period of 5 years from the date of issue of the card.

 

     

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Prime Minister Narendra Modi inaugurated the first-ever National Training Conclave at the International Exhibition and Convention Centre, Pragati Maidan, New Delhi.

Prime Minister Narendra Modi inaugurated the first-ever National Training Conclave at the International Exhibition and Convention Centre, Pragati Maidan, New Delhi. Prime Minister Narendra Modi also addressed the gathering on the occasion. The event was hosted by the Capacity Building Commission (CBC) and is sponsored by the National Programme for Civil Services Capacity Building (NPCSCB) - β€˜Mission Karmayogi’. Over 1,900 representatives from training and research institutes across several regions and zones will be a part of this conclave.


     


      The event was hosted by the Capacity Building Commission (CBC) and is sponsored by the National Programme for Civil Services Capacity Building (NPCSCB) - β€˜Mission Karmayogi’.

     

 

     

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The World Bank’s Board of Executive Directors approved a $148 million loan to support the Indian state of West Bengal in harnessing surface and ground water through better irrigation practices that will benefit people in rural areas.

The World Bank’s Board of Executive Directors approved a $148 million loan to support the Indian state of West Bengal in harnessing surface and ground water through better irrigation practices that will benefit people in rural areas. The West Bengal Accelerated Development of Minor Irrigation Project – Phase II will support the state’s Department of Water Resources Investigation and Development and water-user associations (WUAs) to plan and operate new irrigation structures. The irrigation practices will allow for crop diversification to boost the yield of high-value crops including the production of 17,000 tons of oilseed and at least 10,000 tons of fish each year. During Phase I, the Project created 2,277 WUAs and reached 125,000 beneficiaries.


     


      The West Bengal Accelerated Development of Minor Irrigation Project – Phase II will support the state’s Department of Water Resources Investigation and Development and water-user associations (WUAs) to plan and operate new irrigation structures.

     

 

     

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The Government of India and the Asian Development Bank (ADB) signed a $130 million loan to increase agricultural productivity, improve access to irrigation and promote horticulture agribusinesses to raise farmers’ income in the state of Himachal Pradesh.

The Government of India and the Asian Development Bank (ADB) signed a $130 million loan to increase agricultural productivity, improve access to irrigation and promote horticulture agribusinesses to raise farmers’ income in the state of Himachal Pradesh. The project builds upon a pilot financed by ADB’s project readiness facility which demonstrated the subtropical horticulture production over 200 hectares and prepared the draft water user association (WUA) act. The project will also help create an ecosystem to enhance farmers’ access to markets of subtropical horticulture. The farmers will be organised into cluster-wide community horticulture production and marketing associations (CHPMAs) and district-wide CHPMA cooperative societies.


     


      The farmers will be organised into cluster-wide community horticulture production and marketing associations (CHPMAs) and district-wide CHPMA cooperative societies.

     

 

     

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The United Arab Emirates (UAE), with which India implemented a comprehensive free trade agreement in May 2022, has emerged as the fourth largest investor in India during 2022-23.

The United Arab Emirates (UAE), with which India implemented a comprehensive free trade agreement in May 2022, has emerged as the fourth largest investor in India during 2022-23. In the last fiscal, foreign direct investment (FDI) from the UAE to India jumped over three-fold to USD 3.35 billion from USD 1.03 billion in 2021-22. Singapore was the largest investor in India with USD 17.2 billion investment in FY23, followed by Mauritius (USD 6.1 billion) and the US (USD 6 billion). The country accounts for about 2.5 percent of the total FDI India received between April 2000 and March 2023.


     


      Singapore was the largest investor in India with USD 17.2 billion investment in FY23, followed by Mauritius (USD 6.1 billion) and the US (USD 6 billion).

     

 

     

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Nitin Agarwal, an IPS officer of the 1989 Kerala cadre, has been appointed as the new director general of the Border Security Force (BSF).

Nitin Agarwal, an IPS officer of the 1989 Kerala cadre, has been appointed as the new director general of the Border Security Force (BSF). Presently serving as the Additional DG of operations at the headquarters of the Central Reserve Police Force (CRPF) in Delhi, Agarwal will now assume the role of leading the BSF. For the past five months, the additional charge of the BSF has been held by Sujoy Lal Thaosen, the Director General of the Central Reserve Police Force (CRPF). Agarwal's tenure would begin from the date of assuming the post until July 31, 2026, which marks his superannuation date, or until further instructions, whichever comes earlier.


     


      Presently serving as the Additional DG of operations at the headquarters of the Central Reserve Police Force (CRPF) in Delhi, Agarwal will now assume the role of leading the BSF.

     

 

     

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Australia won the World Test Championship defeating India in second edition of the ICC World Test Championship by 209 runs.

Australia won the World Test Championship defeating India in second edition of the ICC World Test Championship by 209 runs. The final of the 2021–2023 ICC World Test Championship, a Test cricket match, was played from 7 to 11 June 2023 at The Oval, London, between Australia and India. As winners, they received a cash prize of US$1.6 million, while the Indian team received a cash prize of US$800,000.


     


      As winners, they received a cash prize of US$1.6 million, while the Indian team received a cash prize of US$800,000.

     

 

     

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Serbian tennis player Novak Djokovic won the French open 2023, securing his 23rd Grand Slam title.

Serbian tennis player Novak Djokovic won the French open 2023, securing his 23rd Grand Slam title. He won 7-6, 6-3, 7-5. He also becomes the first man to win all four majors at least three times.


     


      He won 7-6, 6-3, 7-5.

     

 

     

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World Day Against Child Labour is observed on 12th June every year to create awareness about the child labour all around the world and its significant impact on the wellbeing of children.

World Day Against Child Labour is observed on 12th June every year to create awareness about the child labour all around the world and its significant impact on the wellbeing of children. The campaign was launched by The International Labour Organization (ILO) in 2002. The theme for World Day Against Child Labour 2023 is 'Social Justice for All. End Child Labour!'. The year 2023 mark the 21st World Day Against Child Labour.


      World Day Against Child Labour is observed on 12th June every year to create awareness about the child labour all around the world and its significant impact on the wellbeing of children.


      The theme for World Day Against Child Labour 2023 is 'Social Justice for All. End Child Labour!'.

      The year 2023 mark the 21st World Day Against Child Labour.

 

     

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Silvio Berlusconi, the Italian former PM, has passed away at the age of 86 in Milan, Italy.

Silvio Berlusconi, the Italian former PM, has passed away at the age of 86 in Milan, Italy. The politician, who was long regarded as Italy’s most colorful public figure, was elected prime minister three times and served for a total of nine years, longer than anyone since fascist dictator Benito Mussolini. Berlusconi was voted out of parliament in 2013.


     


     

     

 

     

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National Archives of India is celebrating International Archives Day on 9 June 2023 and on this occasion, an exhibition under the Azadi Ka Amrit Mahotsav (AKAM) entitled "Hamari Bhasha, Hamari Virasat was organised.

National Archives of India is celebrating International Archives Day on 9 June 2023 and on this occasion, an exhibition under the Azadi Ka Amrit Mahotsav (AKAM) entitled "Hamari Bhasha, Hamari Virasat was organised. The day was commemorated the date, when the International Council on Archives (ICA) was established in 1948 at a meeting of archivists in Paris.


     


     

     

 

     

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Karnataka Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar launched the free travel scheme 'Shakti' for women in KSRTC and BMTC state-run buses.

Karnataka Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar launched the free travel scheme 'Shakti' for women in KSRTC and BMTC state-run buses. During the launch of the scheme, Siddaramaiah and Shivakumar also distributed some free passes to women for free travel in KSRTC & BMTC Bus under 'Shakti Yojana'. Under the Shakti Yojana, women in Karnataka can travel for free on government-run buses in the state from June 11, 2023. This free travel service will benefit over 41.8 lakh women passengers every day. The scheme will cost the state exchequer an estimated Rs4,051.56 crore annually.


     


      Under the Shakti Yojana, women in Karnataka can travel for free on government-run buses in the state from June 11, 2023.

     

 

     

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India tops the list with 11 million in Global Slavery Index (GSI) 2023.

The Global Slavery Index (GSI) provides national estimates of modern slavery for 160 countries. It is presented by Walk Free, a human rights organisation, and is based on data provided by the Global Estimates of Modern Slavery. India tops the list with 11 million followed by China with 5.8 million, Russia with 1.9 million, Indonesia with 1.8 million, Turkey with 1.3 million and the United States with 1.1 million. This is the fifth edition of the GSI and it is based on the 2022 estimates.


      India tops the list with 11 million in Global Slavery Index (GSI) 2023.


      India tops the list with 11 million followed by China with 5.8 million, Russia with 1.9 million, Indonesia with 1.8 million, Turkey with 1.3 million and the United States with 1.1 million.

      This is the fifth edition of the GSI and it is based on the 2022 estimates.

 

     

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According to a report published in the Lancet, India is home to 101 million people with diabetes and 136 million people who are dealing with prediabetes.

According to a report published in the Lancet, India is home to 101 million people with diabetes and 136 million people who are dealing with prediabetes. The Indian Council of Medical Research (ICMR) and the Indian Ministry of Health and Family Welfare jointly financed the country's largest epidemiological research on diabetes and chronic noncommunicable diseases (NCDs). All 28 states, two union territories, and Delhi, the nation's capital, are included in the research. Samples of a total of 1,13,043 people were used in the study. The Lancet Diabetes and Endocrinology, a highly regarded medical publication, has published the study's findings. Goa has highest prevalence of diabetes, at 26.4 percent, while Uttar Pradesh, the most populated state, has the lowest, at 4.8 percent. The nation-wide study observed that 315 million people had high blood pressure, 254 million had generalized obesity, while 351 million had abdominal obesity. Additionally, 213 million people had hypercholesterolaemia or high cholesterol levels.


      According to a report published in the Lancet, India is home to 101 million people with diabetes and 136 million people who are dealing with prediabetes.


      All 28 states, two union territories, and Delhi, the nation's capital, are included in the research.

      Goa has highest prevalence of diabetes, at 26.4 percent, while Uttar Pradesh, the most populated state, has the lowest, at 4.8 percent.

 

     

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The Government of India has taken five more important decisions revolving around Primary Agricultural Credit Societies (PACS).

The Government of India has taken five more important decisions revolving around Primary Agricultural Credit Societies (PACS). A Primary Agricultural Credit Society (PACS) is a basic unit and the smallest cooperative credit institution in India. There are about one lakh Primary Agricultural Credit Cooperative Societies present across the country. On the basis of mapping, PACS which are not functioning as fertilizer retailers will be identified and encouraged to function as retailers on the basis of feasibility in a phased manner. Thirdly, PACS will be connected with the marketing of organic fertilizers, especially fermented organic manure (FoM) or liquid fermented organic manure (LFOM) or phosphate-enriched organic manure (PROM). PACS can also be employed as drone entrepreneurs for spraying fertilizers and pesticides. Drones can also be used for the survey of the property. PACS will also be included as wholesalers/retailers in this supply and marketing chain of bio-organic fertilisers.


      The Government of India has taken five more important decisions revolving around Primary Agricultural Credit Societies (PACS).


      A Primary Agricultural Credit Society (PACS) is a basic unit and the smallest cooperative credit institution in India.

      PACS will also be included as wholesalers/retailers in this supply and marketing chain of bio-organic fertilisers.

 

     

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The Central Council of Institute of Chartered Accountants of India (ICAI) has approved the renewal of the existing mutual recognition agreement (MRA) with CPA Canada and CPA Ireland.

The Central Council of Institute of Chartered Accountants of India (ICAI) has approved the renewal of the existing mutual recognition agreement (MRA) with CPA Canada and CPA Ireland. The Central Council has also approved the renewal of MRA/MoUs with the South African Institute of Chartered Accountants (SAICA), Bahrain Institute of Banking and Finance (BIBF), the National Board of Accountants and Auditors (Tanzania) and Qatar Financial Centre Authority.


     


     

     

 

     

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Government of India has constituted Peace Committee in Manipur under the Chairpersonship of Governor Anusuiya Uikey of Manipur.

Government of India has constituted Peace Committee in Manipur under the Chairpersonship of Governor, Manipur. The members of committee include Chief Minister, a few Ministers in the State Government, MP, MLAs and leaders from different political parties. The Committee also includes former civil servants, educationists, litterateurs, artists, social workers and representatives of different ethnic groups. The mandate of the Committee will be to facilitate peace making process among various ethnic groups of the State, including peaceful dialogue and negotiations between conflicting parties/groups.


     


      The members of committee include Chief Minister, a few Ministers in the State Government, MP, MLAs and leaders from different political parties.

     

 

     

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The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal flagged off the maiden International Cruise Vessel 'MV Empress', India’s first international cruise vessel - from Chennai to Sri Lanka in Chennai.

The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal flagged off the maiden International Cruise Vessel 'MV Empress', India’s first international cruise vessel - from Chennai to Sri Lanka in Chennai. This marks the beginning of the international cruise tourism terminal at Chennai, built at a cost of Rs17.21 crores, heralding a new age of cruise tourism & maritime trade in the country. The cruise service is the result of an MoU signed during the first Incredible India International Cruise Conference in 2022 between Chennai Port and M/S Waterways Leisure Tourism Pvt Ltd to start domestic and international cruise service. The tour packages on board MV Empress will be offered for 2 nights, 3 nights, 4 nights and 5 nights.


     


      This marks the beginning of the international cruise tourism terminal at Chennai, built at a cost of Rs17.21 crores, heralding a new age of cruise tourism & maritime trade in the country.

     

 

     

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Mumbai's Brihanmumbai Electric Supply and Transport (BEST) Undertaking was honored with the prestigious 'Climate And Health' award at the UITP Awards 2023 function held in Barcelona.

Mumbai's Brihanmumbai Electric Supply and Transport (BEST) Undertaking was honored with the prestigious 'Climate And Health' award at the UITP Awards 2023 function held in Barcelona. Additionally, BEST was recognized as one of the top three finalists in the 'Public And Urban Transport Strategy' category. UITP (Union Internationale des Transports Publics) is the International Association of Public Transport and sustainable urban mobility. The UITP Global Public Transport Summit is the world's biggest event dedicated to sustainable mobility which brings together industry, government authorities, and operators, as well as exhibitors for all modes of transport.


     


      Additionally, BEST was recognized as one of the top three finalists in the 'Public And Urban Transport Strategy' category.

     

 

     

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The Public Enterprises Selection Board (PESB) panel has recommended the name of Sanjay Swarup for the post of CMD, Container Corporation of India Limited (CONCOR).

The Public Enterprises Selection Board (PESB) panel has recommended the name of Sanjay Swarup for the post of CMD, Container Corporation of India Limited (CONCOR). Presently, he is serving as Director (International Marketing & Operations) in the same organisation. He has been recommended for the post of CMD of CONCOR from a list of eight candidates, who were interviewed by the PESB panel in its selection meeting held on June 7, 2023. As Chairman and Managing Director (CMD) of CONCOR, Swarup will be Chief Executive of the company.


      The Public Enterprises Selection Board (PESB) panel has recommended the name of Sanjay Swarup for the post of CMD, Container Corporation of India Limited (CONCOR).


      Presently, he is serving as Director (International Marketing & Operations) in the same organisation.

      As Chairman and Managing Director (CMD) of CONCOR, Swarup will be Chief Executive of the company.

 

     

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Latvia's parliament has elected long-serving Foreign Minister Edgars Rinkevics as the country's next president.

Latvia's parliament has elected long-serving Foreign Minister Edgars Rinkevics as the country's next president. Rinkevics will represent Latvia, a European Union and NATO member nation, at NATO's Vilnius summit in July 2023. He has also served in the country's civil service.


     


      Rinkevics will represent Latvia, a European Union and NATO member nation, at NATO's Vilnius summit in July 2023.

     

 

     

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Life Insurance Corporation of India (LIC) has raised its stake in state-owned steel production firm SAIL by about 2 percent through an open market acquisition.

Life Insurance Corporation of India (LIC) has raised its stake in state-owned steel production firm SAIL by about 2 percent through an open market acquisition. LIC bought 8.26 crore shares or 2.001 percent of equity capital at an average price of Rs66.18 per unit. The insurer bought the additional shares between October 14, 2022 and June 8, 2023 for about Rs547 crore. Following this, LIC's holding in Steel Authority of India Limited (SAIL) increased to 8.68 percent.


     


      LIC bought 8.26 crore shares or 2.001 percent of equity capital at an average price of Rs66.18 per unit.

     

 

     

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Canada Pension Plan Investment Board (CPPIB) sold 3.3 crore shares or 1.7 percent of the equity of Kotak Mahindra Bank in block deals on the BSE at an average price of Rs1855.64.

Canada Pension Plan Investment Board (CPPIB) sold 3.3 crore shares or 1.7 percent of the equity of Kotak Mahindra Bank in block deals on the BSE at an average price of Rs1855.64. The total deal value was Rs6,123.6 crore. About 2.2 crore shares were sold at Rs1,855 each, while another block of 1.09 crore shares were traded at Rs1,864.15. CPPIB has been a long-term investor in the bank and raised its stake from 4.9 percent at the end of March 31, 2016, to 6.26 percent at the end of March 31, 2018.


     


      The total deal value was Rs6,123.6 crore.

     

 

     

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First Barge of the series LSAM 15 (Yard 125) has been delivered to Indian Navy.

First Barge of the series LSAM 15 (Yard 125) has been delivered to Indian Navy. The Barge has been built under the classification rules of Indian Register of Shipping (IRS) with a service life of 30 years. With all major/auxiliary equipment sourced from indigenous manufacturers, the Barge is proud flag bearer of β€œMake in India” initiative of Ministry of Defence.


     


      The Barge has been built under the classification rules of Indian Register of Shipping (IRS) with a service life of 30 years.

     

 

     

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The Indian Army has signed a contract with a Bengaluru-based company, Astrome Tech Pvt Ltd to procure the indigenously-developed "Tactical LAN Radio".

The Indian Army has signed a contract with a Bengaluru-based company, Astrome Tech Pvt Ltd to procure the indigenously-developed "Tactical LAN Radio". The "tactical LAN radio" is a state-of-the-art high-bandwidth backhaul wireless radio equipment for the provisioning of reliable communication. It is the second contract that the Army has firmed up under the framework of Innovations for Defence Excellence (iDEX). The contract with M/s Astrome Tech Pvt Ltd, Bangalore for procurement of indigenously developed 'tactical LAN radio' was signed in presence of Lt Gen MV Suchindra Kumar, the Vice Chief of Army Staff at New Delhi. With this initiative, the Indian Army has taken a lead by signing two contracts under iDEX till date.


     


      The "tactical LAN radio" is a state-of-the-art high-bandwidth backhaul wireless radio equipment for the provisioning of reliable communication.

     

 

     

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West Bengal Industrial Development Corporation (WBIDC), Amazon and Federation of Indian Chambers of Commerce & Industry (FICCI) join hands to promote e-commerce exports from West Bengal.

West Bengal Industrial Development Corporation (WBIDC), Amazon and Federation of Indian Chambers of Commerce & Industry (FICCI) join hands to promote e-commerce exports from West Bengal. More than 200 potential exporters and MSMEs from Kolkata, North and South Parganas, Hooghly, Howrah, and other cities and districts in the state participated in the event. The event featured keynote sessions on the e-commerce exports opportunity as well as masterclasses and on-spot registrations on Amazon Global Selling for the attending exporters.


     


      More than 200 potential exporters and MSMEs from Kolkata, North and South Parganas, Hooghly, Howrah, and other cities and districts in the state participated in the event.

     

 

     

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Union Minister of Ports, Shipping & Waterways (MoPSW) and Ayush, Sarbananda Sonowal launched β€˜SAGAR SAMRIDDHI’, the online dredging monitoring system - in order to accelerate β€˜Waste to Wealth’ initiative of the Ministry.

Union Minister of Ports, Shipping & Waterways (MoPSW) and Ayush, Sarbananda Sonowal launched β€˜SAGAR SAMRIDDHI’, the online dredging monitoring system - in order to accelerate β€˜Waste to Wealth’ initiative of the Ministry. This system has been developed by National Technology Centre for Ports, Waterways and Coasts (NTCPWC) the technological arm of MoPSW. The new technology brings in marked improvement against the old system of Draft & Loading Monitor (DLM) system. The β€˜Sagar Samriddhi’ monitoring system will also allow Daily and monthly progress Visualisation, Dredger performance and downtime monitoring, easy location track data with snapshot of loading, unloading and idle time.


     


      This system has been developed by National Technology Centre for Ports, Waterways and Coasts (NTCPWC) the technological arm of MoPSW.

     

 

     

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The Insurance Regulatory & Development Authority of India (IRDAI) has granted certificate of registration to Go Digit Life Insurance Limited to commence life insurance business in the country.

The Insurance Regulatory & Development Authority of India (IRDAI) has granted certificate of registration to Go Digit Life Insurance Limited to commence life insurance business in the country. With this, the number of insurers operating in life insurance segment has gone up to 26. This is the fourth registration granted by IRDAI in last one year in Life and Non-life segment. Go Digit General Insurance is also proposing to come out with an IPO and has already filed papers with markets regulator SEBI.


     


      With this, the number of insurers operating in life insurance segment has gone up to 26.

     

 

     

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World Accreditation Day is annually observed on June 9 to raise awareness about the value and benefits of accreditation in ensuring competence, reliability, and credibility in industries such as healthcare, laboratories, certification bodies, and conformi

World Accreditation Day is annually observed on June 9 to raise awareness about the value and benefits of accreditation in ensuring competence, reliability, and credibility in industries such as healthcare, laboratories, certification bodies, and conformity assessment services. The theme of World Accreditation Day 2023 is β€œAccreditation: Supporting the Future of Global Trade”. World Accreditation Day came into existence in 2007 as a result of a joint effort between the International Laboratory Accreditation Cooperation (ILAC) and the International Accreditation Forum (IAF).


     


      The theme of World Accreditation Day 2023 is β€œAccreditation: Supporting the Future of Global Trade”.

     

 

     

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India, France, and the United Arab Emirates (UAE) successfully concluded their first edition of trilateral maritime exercise in the Gulf of Oman.

India, France, and the United Arab Emirates (UAE) successfully concluded their first edition of trilateral maritime exercise in the Gulf of Oman. The two-day exercise, which began on June 7, 2023 involved the participation of naval assets from all three countries. The exercise was aimed at enhancing maritime security and interoperability among the participating nations. The exercise witnessed a wide spectrum of naval operations such as Surface Warfare, involving tactical firing and Drills for Missile engagements on surface targets, Helicopter Cross Deck Landing Operations, gunnery exercises, seamanship drills, Advanced Air Defence Exercises and Boarding operations. India was represented in the exercise by the guided-missile frigate INS Tarkash. France was represented by the frigate FS Surcouf and fighter aircraft.


      India, France, and the United Arab Emirates (UAE) successfully concluded their first edition of trilateral maritime exercise in the Gulf of Oman.


      The exercise was aimed at enhancing maritime security and interoperability among the participating nations.

      India was represented in the exercise by the guided-missile frigate INS Tarkash.

 

     

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The Organisation for Economic Co-operation and Development (OECD) moved its forecast on India's economic expansion for this fiscal year higher to 6%, from 5.9%.

The Organisation for Economic Co-operation and Development (OECD) moved its forecast on India's economic expansion for this fiscal year higher to 6%, from 5.9%. Retail inflation for 2023-24 and 2024-25 is projected at 4.8 percent and 4.4 percent, respectively. Global GDP growth in 2023 is projected to be 2.7 percent, the lowest annual rate since the global financial crisis, except for the 2020 pandemic period. India’s growth rate at the end of FY23 was 7.2 percent.


     


      Retail inflation for 2023-24 and 2024-25 is projected at 4.8 percent and 4.4 percent, respectively.

     

 

     

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Ecuador, Japan, Malta, Mozambique and Switzerland were elected to the UN Security Council as non-permanent members for the 2023-2024 term and will replace India, Ireland, Kenya, Mexico and Norway at the horse-shoe table from January 1, 2024.

Ecuador, Japan, Malta, Mozambique and Switzerland were elected to the UN Security Council as non-permanent members for the 2023-2024 term and will replace India, Ireland, Kenya, Mexico and Norway at the horse-shoe table from January 1, 2024. The 193-member UN General Assembly held elections to elect the five non-permanent members for the two-year term 2023-24. For two seats in the Western Europe and other States category, Switzerland (187 votes) and Malta (185 votes) were elected, for two seats in African and Asia-Pacific States Mozambique (192 votes) and Japan (184 votes) were elected and for the one seat in the Latin American and Caribbean States category, Ecuador was elected with 190 votes. Ecuador, Japan, Malta, Mozambique and Switzerland will join Albania, Brazil, Gabon, Ghana, and the UAE as well as the five permanent members China, France, Russia, the UK and the US as UNSC members for the year 2023.


     


      Ecuador, Japan, Malta, Mozambique and Switzerland will join Albania, Brazil, Gabon, Ghana, and the UAE as well as the five permanent members China, France, Russia, the UK and the US as UNSC members for the year 2023.

     

 

     

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A new World Health Organization (WHO) report finds that roughly 800 million, or 42% of people, in the Western Pacific Region suffer from oral diseases.

A new World Health Organization (WHO) report finds that roughly 800 million, or 42% of people, in the Western Pacific Region suffer from oral diseases. With the growing population of older adults in the Region, there could be a further increase in the burden of oral diseases in years to come unless countries integrate essential oral health services into universal health coverage benefit packages. Over the past 30 years, the Western Pacific has experienced a nearly 30% increase in oral diseases, from an estimated 629 million cases in 1990 to more than 800 million cases in 2019. The new Global Oral Health Action Plan 2023–2030, recently adopted at the 2023 World Health Assembly, includes 100 action-oriented interventions for stronger and more coordinated mobilization on oral health.


     


      The new Global Oral Health Action Plan 2023–2030, recently adopted at the 2023 World Health Assembly, includes 100 action-oriented interventions for stronger and more coordinated mobilization on oral health.

     

 

     

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The World Health Organization (WHO) and the Global Fund to Fight AIDS, Tuberculosis and Malaria (the Global Fund) signed a new and revised Strategic Framework for Collaboration.

The World Health Organization (WHO) and the Global Fund to Fight AIDS, Tuberculosis and Malaria (the Global Fund) signed a new and revised Strategic Framework for Collaboration. The new five-year framework builds on the previous agreement signed in 2018. It aligns with the 2023-2028 Global Fund Strategy and the WHO General Programme of Work, which put communities at the centre of the health response and also address pandemic preparedness and challenges posed by climate change. The framework fits with broader collaboration platforms to accelerate support to countries to achieve the health-related Sustainable Development Goals (SDGs) including Universal Health Coverage (UHC). Since 2018, eight countries have been certified malaria-free by WHO, with five more preparing for certification in 2023 and 2024.


     


      The new five-year framework builds on the previous agreement signed in 2018.

     

 

     

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The United Nations Development Programme (UNDP) launched its 3rd cohort of four ocean innovators to demonstrate the compelling roles of marine spatial planning (MSP), marine protected areas (MPAs) and new environmentally and socially sustainable economic

The United Nations Development Programme (UNDP) launched its 3rd cohort of four ocean innovators to demonstrate the compelling roles of marine spatial planning (MSP), marine protected areas (MPAs) and new environmentally and socially sustainable economic activities for a healthy and resilient ocean. UNDP’s Ocean Innovation Challenge (OIC) will provide financial, mentoring and incubator support to these four ocean innovators, thereby contributing to the Sustainable Development Goal 14 (SDG14 targets 14.2, 14.5 and 14.7). Through its Ocean Promise, UNDP has committed to deliver at least 100 Ocean Innovations by 2030.


     


      Through its Ocean Promise, UNDP has committed to deliver at least 100 Ocean Innovations by 2030.

     

 

     

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The Small Industries Development Bank of India (SIDBI) has launched mission EVOLVE (Electric Vehicle Operations and Lending for Vibrant Ecosystem) in association with NITI Aayog, World Bank, Korean-World Bank and Korean Economic Development Cooperation Fu

The Small Industries Development Bank of India (SIDBI) has launched mission EVOLVE (Electric Vehicle Operations and Lending for Vibrant Ecosystem) in association with NITI Aayog, World Bank, Korean-World Bank and Korean Economic Development Cooperation Fund (EDCF) to finance MSMEs in the EV space. Under the initiative, SIDBI will give MSMEs access to affordable commercial financing for EV loans including hosting of telematics that could help reduce financing costs and provide data for other financial services. The programme comes in the backdrop of SIDBI’s aim to support India’s target for 30 per cent EV penetration by 2030 or EV30@30.


     


      The programme comes in the backdrop of SIDBI’s aim to support India’s target for 30 per cent EV penetration by 2030 or EV30@30.

     

 

     

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SAMCO Asset Management Private Limited, has launched India’s first actively managed momentum fund 'SAMCO Active Momentum Fund'.

SAMCO Asset Management Private Limited, has launched India’s first actively managed momentum fund 'SAMCO Active Momentum Fund'. The fund aims to deliver exceptional risk-adjusted returns to investors, tapping into the potential of momentum investing in the Indian market. The SAMCO Active Momentum Fund’s new fund offer (NFO) runs from June 15-29, 2023. The face value of each unit during the NFO is Rs10, with a minimum application amount of Rs5,000 and multiples of Rs1 thereafter. The fund is benchmarked against the Nifty 500 Index TRI.


      SAMCO Asset Management Private Limited, has launched India’s first actively managed momentum fund 'SAMCO Active Momentum Fund'.


      The fund aims to deliver exceptional risk-adjusted returns to investors, tapping into the potential of momentum investing in the Indian market.

      The face value of each unit during the NFO is Rs10, with a minimum application amount of Rs5,000 and multiples of Rs1 thereafter.

 

     

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The Institute of Chartered Accountants of India (ICAI), in cooperation with the Indian Banks’ Association (IBA), to plan set up a shared platform for balance confirmation.

The Institute of Chartered Accountants of India (ICAI), in cooperation with the Indian Banks’ Association (IBA), to plan set up a shared platform for balance confirmation. Initially, it will apply only to public sector banks. However, it will later extend to include private banks and other financial institutions. This new platform, built and managed by PSB Alliance Pvt Ltd (PSB Alliance) in collaboration with the Institute for Development and Research in Banking Technology (IDRBT), is expected to radically change how audits are performed, simplifying the entire process. With this platform, auditors will no longer have to physically visit each bank branch, saving time and reducing costs. Obtaining balance confirmations will become a smooth, reliable, and efficient process.


     


      Initially, it will apply only to public sector banks. However, it will later extend to include private banks and other financial institutions.

     

 

     

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Indian Council of Agricultural Research (ICAR) signed a MoU with Amazon Kisan to combine strengths and create synergy between the two organizations for guiding the farmers on scientific cultivation of different crops for optimum yield and income.

Indian Council of Agricultural Research (ICAR) signed a MoU with Amazon Kisan to combine strengths and create synergy between the two organizations for guiding the farmers on scientific cultivation of different crops for optimum yield and income. ICAR will provide technological backstopping to the farmers through Amazon’s network. It will improve farmers’ livelihood and boost crop yield. This MoU in farmer’s partnership with Amazon Kisan program will help ensuring access to high quality fresh produce for consumers across India, including through Amazon Fresh. ICAR and Amazon will work together on other farmer engagement programs at Krishi Vigyan Kendras, conducting demonstrations, trials, and capacity building initiatives to enhance farming practices and farm profitability.


     


      ICAR will provide technological backstopping to the farmers through Amazon’s network.

     

 

     

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China has completed the construction of the most powerful wind tunnel in the world, located in the mountainous Huairou district of northern Beijing.

China has completed the construction of the most powerful wind tunnel in the world, located in the mountainous Huairou district of northern Beijing. The wind tunnel, called JF-22, has a diameter of 4 metres (13 feet) and can generate incredibly high airflow speeds of up to 10 kilometres (6.2 miles) per second. This makes it capable of simulating hypersonic flight conditions up to Mach 30, which is 30 times the speed of sound. The tunnel will support research and development efforts for China's space transport system and hypersonic aircraft, as well as for military purposes.


     


      The wind tunnel, called JF-22, has a diameter of 4 metres (13 feet) and can generate incredibly high airflow speeds of up to 10 kilometres (6.2 miles) per second.

     

 

     

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Fang Zhendong of the People's Republic of China won the men's singles title with a 4-2 victory over compatriot Wang Chuqin at the ITTF World Table Tennis Championships Finals 2023 in Durban, South Africa.

Fang Zhendong of the People's Republic of China won the men's singles title with a 4-2 victory over compatriot Wang Chuqin at the ITTF World Table Tennis Championships Finals 2023 in Durban, South Africa. It is China's 10th straight men's singles crown at the table tennis worlds, a run dating back to 2005. Sun Yingsha won the women’s title with a 4-2 triumph over Olympic champion Chen Meng.


     


      Sun Yingsha won the women’s title with a 4-2 triumph over Olympic champion Chen Meng.

     

 

     

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GM Magnus Carlsen won the Superbet Poland Rapid & Blitz 2023 with a score of 24/36 points and pocket the top prize of $40,000 and 13 Grand Chess Tour points.

GM Magnus Carlsen won the Superbet Poland Rapid & Blitz 2023 with a score of 24/36 points and pocket the top prize of $40,000 and 13 Grand Chess Tour points. Duda finished second with 23 points for $30,000 and 10 GCT points, while GM Wesley So and GM Maxime Vachier-Lagrave tied for third and fourth places with 21.5 points to pocket $22,500 and 7.5 GCT each.


     


     

     

 

     

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In a distinctive initiative, the Federal Bank has launched a captivating campaign in Chennai called β€˜I am Adyar, Adyar is me’.

In a distinctive initiative, the Federal Bank has launched a captivating campaign in Chennai called β€˜I am Adyar, Adyar is me’. The campaign is dedicated to celebrating the vibrant culture and inspiring stories of the local community in Adyar branch of Federal Bank. The bank branch itself has been transformed into a unique museum, providing a platform to showcase the remarkable journeys and accomplishments of individuals who contribute to the distinctive character of Adyar.


     


      The campaign is dedicated to celebrating the vibrant culture and inspiring stories of the local community in Adyar branch of Federal Bank.

     

 

     

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Tata Elxsi has partnered with the Indian Space Research Organization (ISRO) for the upcoming Gaganyaan Mission to designed and developed the crew module recovery models (CMRM) for the recovery team training of the space mission.

Tata Elxsi has partnered with the Indian Space Research Organization (ISRO) for the upcoming Gaganyaan Mission to designed and developed the crew module recovery models (CMRM) for the recovery team training of the space mission. ISRO's Gaganyaan project envisions a demonstration of human spaceflight capability by launching the crew into a 400-kilometer orbit for a three-day mission and safely bringing them to Earth by landing in Indian sea waters. One of the key requirements of this project is the safe recovery of the crew, which must be carried out with minimum lapse of time. Tata Elxsi has also emerged as the preferred partner for similar ISRO projects.


     


      Tata Elxsi has also emerged as the preferred partner for similar ISRO projects.

     

 

     

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New Generation Ballistic Missile β€˜Agni Prime’ was successfully flight-tested by Defence Research and Development Organisation (DRDO) from Dr APJ Abdul Kalam Island off the coast of Odisha.

New Generation Ballistic Missile β€˜Agni Prime’ was successfully flight-tested by Defence Research and Development Organisation (DRDO) from Dr APJ Abdul Kalam Island off the coast of Odisha. This was the first pre-induction night launch conducted by the users after three successful developmental trials of the missile, validating the accuracy and reliability of the system. Range Instrumentation like Radar, Telemetry and Electro Optical Tracking Systems were deployed at different locations, including two down-range ships, at the terminal point to capture flight data covering the entire trajectory of the vehicle.


     


      This was the first pre-induction night launch conducted by the users after three successful developmental trials of the missile, validating the accuracy and reliability of the system.

     

 

     

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Indian boxers Deepak Kumar, Mohammed Hussamuddin and Nishant Dev won the bronze medals at the 22nd edition of IBA Men's World Boxing Championship 2023 held in Tashkent, Uzbekistan.

Indian boxers Deepak Kumar, Mohammed Hussamuddin and Nishant Dev won the bronze medals at the 22nd edition of IBA Men's World Boxing Championship 2023 held in Tashkent, Uzbekistan. With this, India concluded the tournament with three medals and ranked joint fourth in the medals tally. This is also the first time India has won three medals at a single edition of the tournament. The trio displayed unwavering grit and determination throughout the tournament, which witnessed the participation of 538 boxers from 107 countries.


     


      With this, India concluded the tournament with three medals and ranked joint fourth in the medals tally.

     

 

     

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Gitanjali Aiyar, one of India's first English female news presenters on national broadcaster Doordarshan, passed away.

Gitanjali Aiyar, one of India's first English female news presenters on national broadcaster Doordarshan, passed away. She one of the first English news presenters in the country. She joined Doordarshan in 1971 and received the best anchor award four times. She also won the Indira Gandhi Priyadarshini Award for Outstanding Women in 1989.


     


      She also won the Indira Gandhi Priyadarshini Award for Outstanding Women in 1989.

     

 

     

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Meta and Union Minister for the Ministry of Women and Child Development (MWCD) Smriti Zubin lrani launched the Amrit Generation campaign, an initiative to empower and engage the youth of India by encouraging them to express their aspirations and dreams fo

Meta and Union Minister for the Ministry of Women and Child Development (MWCD) Smriti Zubin lrani launched the Amrit Generation campaign, an initiative to empower and engage the youth of India by encouraging them to express their aspirations and dreams for the future. The Amrit Generation campaign invites young people from across the country to showcase their creativity and share their aspirations by creating Reels on Instagram and Facebook. The Amrit Generation campaign is an exceptional platform for young people to share their dreams and aspirations.


     


      The Amrit Generation campaign is an exceptional platform for young people to share their dreams and aspirations.

     

 

     

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According to the International Energy Agency (IEA), Global renewable capacity additions are set to soar by 107 gigawatts (GW), the largest absolute increase ever, to more than 440 GW in 2023.

According to the International Energy Agency (IEA), Global renewable capacity additions are set to soar by 107 gigawatts (GW), the largest absolute increase ever, to more than 440 GW in 2023. This is equivalent of more than the entire installed power capacity of Germany and Spain combined. Solar PV capacity, including both large utility-scale and small distributed systems, accounts for two-thirds of this year’s projected increase in global renewable capacity. Following two consecutive years of decline, onshore wind capacity additions are on course to rebound by 70% in 2023 to 107 GW, an all-time record amount. Faster expansion is also expected in Europe and the United States as a result of supply chain challenges pushing project commissioning from 2022 into 2023.


     


      Faster expansion is also expected in Europe and the United States as a result of supply chain challenges pushing project commissioning from 2022 into 2023.

     

 

     

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Bank bond issuances are likely to decline below Rs90,000 crore in FY24 from the previous year’s all-time high of Rs1.1-lakh crore.

Bank bond issuances are likely to decline below Rs90,000 crore in FY24 from the previous year’s all-time high of Rs1.1-lakh crore. The Reserve Bank of India (RBI) started withdrawing the Rs2000 banknote from circulation in the last week of May, though the note continues to be a legal tender. Bank credit growth, it was 15 percent in FY23, could moderate in FY24 though it will continue to outpace deposit growth. Deposits grew by 9.6 percent in FY23. Tier-I/Additional Tier-I (AT-I) issuances are expected to trail the FY2022-FY2023 levels (Rs300-334 billion), partly due to lower scheduled call options and will largely be dominated by public sector undertaking (PSU) banks. Accordingly, outstanding Tier-I bonds are expected to increase slightly to Rs1.3 trillion by March 2024 from Rs1.2 trillion as of March 2023.


     


      Bank credit growth, it was 15 percent in FY23, could moderate in FY24 though it will continue to outpace deposit growth. Deposits grew by 9.6 percent in FY23.

     

 

     

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The Tata Group has retained its 1st position of India’s most valuable brand and is racing ahead with double digit brand value growth of 10.3 percent to $26.4 billion.

The Tata Group has retained its 1st position of India’s most valuable brand and is racing ahead with double digit brand value growth of 10.3 percent to $26.4 billion. This is the first time that an Indian brand has breached the brand value-mark of $25 billion to feature in the top 100 of the Brand Finance Global 500 2023, the annual ranking of the world’s top 500 most valuable brands. Notably, the Tata Group has achieved the remarkable feat of being ranked 49th globally in Sustainability Perceptions Value. The Mahindra group has also position as India’s seventh most valuable brand, up 15 percent to a brand value $7 billion. Raymond became the most valuable clothing brand in India for 2023 and posted an 83.2 percent rise in brand value to $273 million. This increase in brand value helped the brand move up 55 spots to the 94th rank in the India 100 ranking for 2023.


     


      The Mahindra group has also position as India’s seventh most valuable brand, up 15 percent to a brand value $7 billion.

     

 

     

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Jagdish Bakan, Wildlife Warden and District Forest Officer (DFO) of Ramanathapuram district, has won the 2023 Michel Batisse Award for Biosphere Reserve Management from the United Nations Educational, Scientific and Cultural Organization (UNESCO).

Jagdish Bakan, Wildlife Warden and District Forest Officer (DFO) of Ramanathapuram district, has won the 2023 Michel Batisse Award for Biosphere Reserve Management from the United Nations Educational, Scientific and Cultural Organization (UNESCO). Bakan has been chosen for the award for his work in the Gulf of Mannar Biosphere Reserve. Sudhakar will receive the $12,000 award and deliver a lecture on his case study in Paris. The award which is bestowed once in two years in memory of Dr Michel Batisse was instituted in 2004 by the International Coordinating Council of the Man and the Biosphere (MAB) Programme of UNESCO.


     


      Sudhakar will receive the $12,000 award and deliver a lecture on his case study in Paris.

     

 

     

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Indian-origin scientist Joyeeta Gupta has been awarded the NWO Spinoza Prize 2023, the highest distinction in Dutch science which is also sometimes referred to as the β€˜Dutch Nobel Prize’.

Indian-origin scientist Joyeeta Gupta has been awarded the NWO Spinoza Prize 2023, the highest distinction in Dutch science which is also sometimes referred to as the β€˜Dutch Nobel Prize’. She was awarded for her outstanding, pioneering and inspiring scientific work in which she focuses on a just and sustainable world. She will receive 1.5 million euros to spend on scientific research and activities related to knowledge utilisation. The official presentation will take place on October 4, 2023.


     


      She was awarded for her outstanding, pioneering and inspiring scientific work in which she focuses on a just and sustainable world.

     

 

     

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World Brain Tumour Day is observed on June 8 every year to raise awareness about brain tumour and the importance of early detection and timely treatment.

World Brain Tumour Day is observed on June 8 every year to raise awareness about brain tumour and the importance of early detection and timely treatment. The theme for World Brain Tumour Day 2023 is "Protect yourself- keep away from stress". German Brain Tumour Association (Deutsche Hirntumorhilfe e.V.), a nonprofit organisation, first marked this day in the year 2000 to spread awareness about brain tumor among the general public.


     


      The theme for World Brain Tumour Day 2023 is "Protect yourself- keep away from stress".

     

 

     

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The Competition Commission of India (CCI) approves acquisition of additional 4.04% shareholding of Acko Technology and Services Private Limited (Acko Tech) by General Atlantic Singapore ACK Pte Ltd (GASACK).

The Competition Commission of India (CCI) approves acquisition of additional 4.04% shareholding of Acko Technology and Services Private Limited (Acko Tech) by General Atlantic Singapore ACK Pte Ltd (GASACK). GASACK, an investment holding company, is held by funds or vehicles controlled by General Atlantic. Acko Tech is engaged in the business of providing general (non-life) insurance through its subsidiary, Acko General Insurance Limited (Acko GI).


     


     

     

 

     

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World Oceans Day is celebrated every year on 8 June to create awareness among people regarding the significance of oceans, and the importance of preserving and conserving oceanic resources.

World Oceans Day is celebrated every year on 8 June to create awareness among people regarding the significance of oceans, and the importance of preserving and conserving oceanic resources. The theme of World Oceans day 2023 is β€œPlanet Ocean: The Tides are Changing”. The concept was originally proposed in 1992 by Canada’s International Centre for Ocean Development (ICOD) and the Ocean Institute of Canada (OIC) at the Earth Summit – UN Conference on Environment and Development (UNCED) in Rio de Janeiro, Brazil. The Ocean Project started global coordination of World Ocean Day starting in 2002. β€œWorld Oceans Day” was officially recognised by the United Nations in 2008.


     


      The theme of World Oceans day 2023 is β€œPlanet Ocean: The Tides are Changing”.

     

 

     

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Author Paterson Joseph was announced as the winner of the 2023 Royal Society of Literature (RSL) Christopher Bland Prize for his debut novel 'The Secret Diaries of Charles Ignatius Sancho'.

Author Paterson Joseph was announced as the winner of the 2023 Royal Society of Literature (RSL) Christopher Bland Prize for his debut novel 'The Secret Diaries of Charles Ignatius Sancho'. The winner receives a prize money of Β£10,000. This is the 5th year of the award. The story was initially written and performed by Joseph as a one-man show in 2018.


     


      The winner receives a prize money of Β£10,000.

     

 

     

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The Bar Council of India (BCI) has signed a Memorandum of Understanding with Bar Council of England and Wales & Law Society of England and Wales for an exchange programme of Lawyers and Law Students for mutual exchange of training & learning amongst each

The Bar Council of India (BCI) has signed a Memorandum of Understanding with Bar Council of England and Wales & Law Society of England and Wales for an exchange programme of Lawyers and Law Students for mutual exchange of training & learning amongst each others jurisdiction. As part of the MoU, the Bar Council of India has been granted the authority to recommend young Lawyers to the Law Society and the Bar Council of England & Wales, enabling them to gain experience in International Law Firms, reputable Law Offices and English Law Courts. The main objective of the MoU is to facilitate a valuable learning experience in both jurisdictions. Similarly, selected law students will be recommended by the Bar Council of India for internships with the Bar bodies of the UK.


     


      As part of the MoU, the Bar Council of India has been granted the authority to recommend young Lawyers to the Law Society and the Bar Council of England & Wales, enabling them to gain experience in International Law Firms, reputable Law Offices and Englis

     

 

     

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State-owned Small Industries Development Bank of India (SIDBI) has signed a MoU with HDFC Bank for providing financial solutions to MSMEs.

State-owned Small Industries Development Bank of India (SIDBI) has signed a MoU with HDFC Bank for providing financial solutions to MSMEs. Under the MoU, SIDBI and HDFC Bank will work together to provide complete financial product and services to the customers under Micro, Small and Medium Enterprises (MSMEs). The MoU will facilitate providing complete financial solutions to MSMEs in a seamless manner. This MoU will enable MSMEs to avail financial products and services of both the banks.


      State-owned Small Industries Development Bank of India (SIDBI) has signed a MoU with HDFC Bank for providing financial solutions to MSMEs.


      Under the MoU, SIDBI and HDFC Bank will work together to provide complete financial product and services to the customers under Micro, Small and Medium Enterprises (MSMEs).

      This MoU will enable MSMEs to avail financial products and services of both the banks.

 

     

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HDFC Bank has introduced a new credit card, 'Millennia' offering cashback.

HDFC Bank has introduced a new credit card, 'Millennia' offering cashback. The card comes with contactless technology allowing customers to β€˜tap and pay’ via POS machine. The HDFC Millennia Credit card offers cashback and reward points on Amazon, Flipkart, and other e-commerce platforms. In addition, the card also offers 1 percent cashback on offline purchases, smart EMI, and lounge access for free, among others. Millennia credit card can be used for Amazon, Flipkart, BookMyShow, Cult.fit, and Myntra, to earn 5 percent cashback points. In every billing, a maximum reward of Rs1000 would be offered.


      HDFC Bank has introduced a new credit card, 'Millennia' offering cashback.


      The card comes with contactless technology allowing customers to β€˜tap and pay’ via POS machine.

      Millennia credit card can be used for Amazon, Flipkart, BookMyShow, Cult.fit, and Myntra, to earn 5 percent cashback points. In every billing, a maximum reward of Rs1000 would be offered.

 

     

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K. Prathapa Reddy, a banker with over two decades of experience, appointed as new chairman of the Warangal-headquartered Andhra Pradesh Grameena Vikas Bank (APGVB).

K. Prathapa Reddy, a banker with over two decades of experience, appointed as new chairman of the Warangal-headquartered Andhra Pradesh Grameena Vikas Bank (APGVB). Mr. Reddy, who will be chairman for five years, took over the charge from K. Praveen Kumar. Prathap Reddy has worked with SBI for over two decades and has vast experience in domestic and overseas assignments.


     


      Mr. Reddy, who will be chairman for five years, took over the charge from K. Praveen Kumar.

     

 

     

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QNu Labs has collaborated with the Indian Navy for the procurement and deployment of Quantum Key Distribution (QKD) based systems.

QNu Labs has collaborated with the Indian Navy for the procurement and deployment of Quantum Key Distribution (QKD) based systems. This collaboration signifies a major milestone, positioning the Indian Navy as the first agency in the country to procure large-scale quantum-based encryption systems. Backed by venture investor Speciale Invest, QNu Labs was founded and incorporated at the IIT Madras Research Park in 2016.


     


      Backed by venture investor Speciale Invest, QNu Labs was founded and incorporated at the IIT Madras Research Park in 2016.

     

 

     

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An IIT-Madras-incubated space-tech startup, GalaxEye, is building the world’s first multi-sensor earth observation satellite 'Drishti' with the help of a visible spectrum camera providing synchronised imaging that can take multiple images at the same time

An IIT-Madras-incubated space-tech startup, GalaxEye, is building the world’s first multi-sensor earth observation satellite 'Drishti' with the help of a visible spectrum camera providing synchronised imaging that can take multiple images at the same time. Founded in 2020 by Suyash Singh, Denil Chawda, Kishan Thakkar, Pranit Mehta, Rakshit Bhatt and Prof S R Chakravarthy, GalaxEye is working on deploying a satellite constellation with a first-of-its-kind sensor based on data fusion. The startup is going to launch its first satellite, β€˜Drishti Mission’ in 2024.


     


      The startup is going to launch its first satellite, β€˜Drishti Mission’ in 2024.

     

 

     

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Israel has begun conducting initial tests of autonomous drones capable of carrying passengers and cargo, an Air Taxi, in a bid to ease traffic congestion.

Israel has begun conducting initial tests of autonomous drones capable of carrying passengers and cargo, an Air Taxi, in a bid to ease traffic congestion. The government-led pilot project, also known as the Israel National Drone Initiative (INDI), aims to create a national drone network and prepare the sky for drone deliveries. The project, a joint collaboration between the Transportation Ministry, the Israel Innovation Authority, Ayalon Highways Limited, and the Civil Aviation Authority of Israel (CAAI), marks the first use of such technology in the Jewish state.


     


      The government-led pilot project, also known as the Israel National Drone Initiative (INDI).

     

 

     

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A new green tree frog species 'Gracixalus patkaiensis' has been discovered from Arunachal Pradesh by a team of researchers from Dehradun-based Wildlife Institute of India, Dresden (Germany)-based Senckenberg Natural History Collections, and the Namdapha T

A new green tree frog species 'Gracixalus patkaiensis' has been discovered from Arunachal Pradesh by a team of researchers from Dehradun-based Wildlife Institute of India, Dresden (Germany)-based Senckenberg Natural History Collections, and the Namdapha Tiger Reserve (NTR). The frog was found by the team during a herpetological exploration in the NTR in 2022, and their finding was published in the latest issue of the journal Vertebrate Zoology. The Patkai green tree frog is a small species with a body size of 23-26 millimetres. The call of this frog is very similar to that of insects, and these frogs breed in swampy areas during monsoon season.


     


      The call of this frog is very similar to that of insects, and these frogs breed in swampy areas during monsoon season.

     

 

     

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Every year June 7 is observed as World Food Safety Day to draw attention and inspire actions to help prevent, detect, and manage foodborne risks, contributing to food safety, human health, economic prosperity, agriculture, market access, tourism, and sust

Every year June 7 is observed as World Food Safety Day to draw attention and inspire actions to help prevent, detect, and manage foodborne risks, contributing to food safety, human health, economic prosperity, agriculture, market access, tourism, and sustainable development. The theme for World Food Safety Day 2023 is 'Food Standards Save Lives'. The slogan for World Food Safety Day 2023 is β€œFood safety is everyone's business”. World Health Organisation (WHO) in collaboration with the Food and Agriculture Organization (FAO) of the United Nations decided to celebrate 7th June as the First food safety day since 7th June 2019. The first-ever World Food Safety Day was adopted by the United Nations General Assembly in December 2018.


      Every year June 7 is observed as World Food Safety Day to draw attention and inspire actions to help prevent, detect, and manage foodborne risks, contributing to food safety, human health, economic prosperity, agriculture, market access, tourism, and sust


      The theme for World Food Safety Day 2023 is 'Food Standards Save Lives'.

      The slogan for World Food Safety Day 2023 is β€œFood safety is everyone's business”.

 

     

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In a bid to make Uttar Pradesh a leading state in the field of milk development and milk production, the state government has launched the Nand Baba Milk Mission scheme at a cost of Rs1,000 crore.

In a bid to make Uttar Pradesh a leading state in the field of milk development and milk production, the state government has launched the Nand Baba Milk Mission scheme at a cost of Rs1,000 crore. The Nand Baba Milk Mission scheme, which was launched has been implemented to provide milk producers the facility of selling their milk at a reasonable price in villages through dairy co-operative societies. Under this mission, it is proposed to form Dairy farmer producer organisation (Dairy FPO) in order to facilitate sale of milk in producers' villages itself. In the financial year 2023-24, there is a plan to set up five Dairy FPOs in as many districts of the state as a pilot project, in which women will also play a major role.


     


      The Nand Baba Milk Mission scheme, which was launched has been implemented to provide milk producers the facility of selling their milk at a reasonable price in villages through dairy co-operative societies.

     

 

     

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The Central government has agreed to sanction Rs12,911 crore to Andhra Pradesh for completing the first phase of Polavaram Project.

The Central government has agreed to sanction Rs12,911 crore to Andhra Pradesh for completing the first phase of Polavaram Project. The union finance ministry has issued a memorandum approving this quantum of funds. The sanctioned amount of Rs12,911 crore also includes Rs2,000 crore to cover the extra expenditure caused by the allegedly faulty construction of the diaphragm wall built during the TDP government.


     


     

     

 

     

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NHPC and Torrent Power Ltd have signed a MoUs with the government of Maharashtra for development of pumped hydro storage projects.

NHPC and Torrent Power Ltd have signed a MoUs with the government of Maharashtra for development of pumped hydro storage projects. Under its MoU with the state government the hydro power major envisages development of four pumped storage projects aggregating to 7350 MW namely Kalu-1150 MW, Savitri-2250 MW, Jalond-2400 MW and Kengadi-1550 MW and other renewable energy source projects in the state. These projects will attract an investment of about Rs44,000 crores and create nearly 7000 direct and indirect employment opportunities in the state. Torrent Power also has tied up to develop three pumped hydro storage projects in the state. The projects would entail an investment of about Rs27,000 crore and would provide employment to around 13,500 people during the construction period.


     


      Torrent Power also has tied up to develop three pumped hydro storage projects in the state.

     

 

     

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Investment bank JP Morgan has partnered with 6 major Indian banks to settle interbank dollar transactions using its blockchain-based trading platform, ο»ΏOnyxο»Ώ.

Investment bank JP Morgan has partnered with 6 major Indian banks to settle interbank dollar transactions using its blockchain-based trading platform, Onyx. The pilot project, set to commence, will involve HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, IndusInd Bank, and JPMorgan's own banking unit in Gujarat, India. The primary objective of this initiative is reportedly to enable real-time settlement of dollar trades, thereby eliminating the need for lengthy transaction processing times that typically extend over several days, and are limited to working week hours.


     


      The pilot project, set to commence, will involve HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, IndusInd Bank, and JPMorgan's own banking unit in Gujarat, India.

     

 

     

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World Bank expects growth in India to slowdown further to 6.3% in the financial year FY 2023/24 (April to March).

World Bank expects growth in India to slowdown further to 6.3% in the financial year FY 2023/24 (April to March). This is a 0.3 percentage point downward revision from the previous estimates of 6.6%. Further, unemployment declined to 6.8 percent in the first quarter of 2023, the lowest since the onset of the COVID-19 pandemic, and labor force participation increased. For the fiscal year FY25, World Bank expects GDP growth rate at 6.4%. While in 2025 fiscal, the growth rate is expected at 6.5%.


     


     

     

 

     

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On the occasion of World Environment Day, Prime Minister Narendra Modi launched two schemes 'Amrit Dharohar and MISHTI (Mangrove Initiative for Shoreline Habitats and Tangible Incomes)'.

On the occasion of World Environment Day, Prime Minister Narendra Modi launched two schemes 'Amrit Dharohar and MISHTI (Mangrove Initiative for Shoreline Habitats and Tangible Incomes)'. The launch of Amrit Dharohar Yojana will ensure the conservation of the existing Ramsar sites through public participation, and these sites will become the centre of eco-tourism and a source of green jobs for thousands of people. The MISHTI scheme will help revive and protect the mangrove ecosystem in the country. With this, the mangrove cover will be restored in nine states across the country and help in mitigating the threat to lives and livelihoods in coastal areas from rising sea levels and disasters like cyclones.


     


     

     

 

     

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The Indian Navy has dispatched its Marine Commandos (MARCOS) and divers to participate in the 6th edition of Exercise 'Ekatha' with the Maldives National Defence Force (MNDF).

The Indian Navy has dispatched its Marine Commandos (MARCOS) and divers to participate in the 6th edition of Exercise 'Ekatha' with the Maldives National Defence Force (MNDF). The exercise is being held from June 4 to July 3, 2023. Conducted on an annual basis, Exercise Ekatha aims to enhance interoperability between the two navies, especially in diving and special operations. Counter-terrorism, maritime security, humanitarian assistance and disaster relief operations are also incorporated under Exercise Ekatha.


     


      The exercise is being held from June 4 to July 3, 2023.

     

 

     

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Bajaj Finserv launched its new mutual fund business under Bajaj Finserv Mutual Fund.

Bajaj Finserv launched its new mutual fund business under Bajaj Finserv Mutual Fund. Bajaj Finserv Mutual Fund will launch a comprehensive set of products across fixed income, hybrid and equity categories to meet the needs of diverse investor profiles ranging from retail and HNIs to institutions. The company will launch a set of fixed income, liquid, overnight and money market products to cater to the institutional segment and company treasuries.


     


      Bajaj Finserv Mutual Fund will launch a comprehensive set of products across fixed income, hybrid and equity categories to meet the needs of diverse investor profiles ranging from retail and HNIs to institutions.

     

 

     

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Iran has unveiled its first-ever hypersonic missile, 'Fattah'.

Iran has unveiled its first-ever hypersonic missile, 'Fattah'. It can travel 15 times the speed of sound. With a moveable secondary nozzle, the missile has a range of 1,400 kilometres (870 miles). It is equipped with solid propellants that make it highly manoeuvrable.


     


      It can travel 15 times the speed of sound.

     

 

     

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To develop a robust pipeline of investment-ready public-private partnership (PPP) projects in infrastructure across India, IFC and National Bank for Financing Infrastructure and Development (NaBFID) signed a MoU.

To develop a robust pipeline of investment-ready public-private partnership (PPP) projects in infrastructure across India, IFC and National Bank for Financing Infrastructure and Development (NaBFID) signed a MoU. The collaboration aims to support the nation's target of achieving a $5-trillion economy while fostering low-carbon and climate-resilient growth. Under the MoU, IFC and NaBFID will collaborate to jointly identify and develop PPP projects.


     


      The collaboration aims to support the nation's target of achieving a $5-trillion economy while fostering low-carbon and climate-resilient growth.

     

 

     

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Kotak Private Banking, a division of Kotak Mahindra Bank Limited, has unveiled Kotak 'RΓ©serve', a Savings Programme curated exclusively for UHNIs (Ultra High Net Worth Individuals) and HNIs (High Net Worth Individuals).

Kotak Private Banking, a division of Kotak Mahindra Bank Limited, has unveiled Kotak 'RΓ©serve', a Savings Programme curated exclusively for UHNIs (Ultra High Net Worth Individuals) and HNIs (High Net Worth Individuals). This by-invite programme extends beyond banking services, offering a range of exclusive amenities to provide clients with an unparalleled luxury banking experience. The Kotak RΓ©serve Savings Programme aims to deliver a premium banking experience by offering exclusive lifestyle benefits in areas such as travel, health and wellness, and entertainment.


     


      This by-invite programme extends beyond banking services, offering a range of exclusive amenities to provide clients with an unparalleled luxury banking experience.

     

 

     

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Bank of Baroda launched Interoperable Cardless Cash Withdrawal (ICCW) facility wherein a customer can withdraw cash using UPI from the bank's ATMs.

Bank of Baroda launched Interoperable Cardless Cash Withdrawal (ICCW) facility wherein a customer can withdraw cash using UPI from the bank's ATMs. The first public sector bank to launch this service, Bank of Baroda customers as well as customers of other participating issuer banks that use BHIM UPI, bob World UPI or any other UPI application enabled for ICCW on their mobile phone can withdraw cash from a Bank of Baroda ATM without using their debit card. Customers can avail two transactions a day per account with a withdrawal limit of Rs5000/- per transaction.


     


      Customers can avail two transactions a day per account with a withdrawal limit of Rs5000/- per transaction.

     

 

     

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YES Securities is partnering with WatchYourHealth (WYH), a tech driven healthcare platform, to provide investment solutions to healthcare professionals through the β€˜Wellth- Where Investments and Health Unite’ program.

YES Securities is partnering with WatchYourHealth (WYH), a tech driven healthcare platform, to provide investment solutions to healthcare professionals through the β€˜Wellth- Where Investments and Health Unite’ program. The partnership is aimed at helping the healthcare community start their investment journey for successful wealth creation and achieving long-term financial goals. Additionally, the company will provide free-of-cost demat and trading accounts, monthly stock research recommendations, and tailor-made product offerings based on the client’s needs. The partnership will also see the launch of a custom app, which will provide a seamless and personalised investment journey exclusively for doctors.


     


      The partnership is aimed at helping the healthcare community start their investment journey for successful wealth creation and achieving long-term financial goals.

     

 

     

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HSBC India has rolled out a campaign 'my account starts today' featuring cricketer Virat Kohli to highlight the purpose of its 'opening up a world of opportunity' proposition to support the goals of an aspirations of India going global.

HSBC India has rolled out a campaign 'my account starts today' featuring cricketer Virat Kohli to highlight the purpose of its 'opening up a world of opportunity' proposition to support the goals of an aspirations of India going global. Conceptualised by Contract Advertising, the film features Kohli at a stadium. This campaign serves as a testament to dedication to growth and aspiration to become the preferred international financial partner for clients.


     


     

     

 

     

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Confederation of Indian Industry (CII) projected the India's economy is expected to grow in the range of 6.5-6.7 percent in the current financial year supported by strong domestic drivers and robust capex momentum of the government.

Confederation of Indian Industry (CII) projected the India's economy is expected to grow in the range of 6.5-6.7 percent in the current financial year supported by strong domestic drivers and robust capex momentum of the government. India's Gross Domestic Product (GDP) grew by 6.1 percent in the March quarter of 2022-23, pushing the annual growth rate to 7.2 percent. The growth has propelled the country's economy to USD 3.3 trillion. India's GDP growth is expected to leapfrog to 7.8 percent in the next decade (FY22-31) from 6.6 percent previously recorded.


      Confederation of Indian Industry (CII) projected the India's economy is expected to grow in the range of 6.5-6.7 percent in the current financial year supported by strong domestic drivers and robust capex momentum of the government.


      India's Gross Domestic Product (GDP) grew by 6.1 percent in the March quarter of 2022-23, pushing the annual growth rate to 7.2 percent.

      India's GDP growth is expected to leapfrog to 7.8 percent in the next decade (FY22-31) from 6.6 percent previously recorded.

 

     

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The central government marginally undershot the fiscal deficit target in FY23 at 6.36 percent of gross domestic product (GDP) against 6.4 percent in the revised estimates (RE).

The central government marginally undershot the fiscal deficit target in FY23 at 6.36 percent of gross domestic product (GDP) against 6.4 percent in the revised estimates (RE). The revenue deficit for FY23 was also contained at 3.9 percent of GDP against the RE of 4.1 percent. Fiscal deficit for FY23 was at Rs17.33 trillion, or 98.7 percent of the RE of Rs17.55 trillion. For FY23, net tax revenue came in marginally higher (0.5 percent) at Rs20.97 trillion than the RE of Rs 20.86 trillion. Besides, non-tax revenues for FY23 was at Rs2.86 trillion, or nearly 9.3 percent higher than the RE. Non-debt capital receipts, primarily disinvestment receipts, fell short of the FY23 target by 13.5 percent. Revenue expenditure fell for the year at Rs 34.5 trillion, slightly lower than the RE of Rs 34.59 trillion. There was an increase in capex, which came in at Rs7.36 trillion versus RE of Rs7.27 trillion.


      The central government marginally undershot the fiscal deficit target in FY23 at 6.36 percent of gross domestic product (GDP) against 6.4 percent in the revised estimates (RE).


      The revenue deficit for FY23 was also contained at 3.9 percent of GDP against the RE of 4.1 percent.

      Non-debt capital receipts, primarily disinvestment receipts, fell short of the FY23 target by 13.5 percent.

 

     

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Microsoft has signed a MoU with the Ministry of Skills Development and Entrepreneurship (MSDE) and the Directorate General of Training (DGT) to empower Indian youth with future-ready skills.

Microsoft has signed a MoU with the Ministry of Skills Development and Entrepreneurship (MSDE) and the Directorate General of Training (DGT) to empower Indian youth with future-ready skills. Under this partnership, Microsoft will provide training in AI, cloud computing, web development, and cybersecurity skills to around 6,000 students and 200 faculty members at government-led ITIs and NSTIs. This training program aims to empower young students by equipping them with industry-relevant skills, enhancing their employability and connecting them to relevant job opportunities.


     


      Under this partnership, Microsoft will provide training in AI, cloud computing, web development, and cybersecurity skills to around 6,000 students and 200 faculty members at government-led ITIs and NSTIs.

     

 

     

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Bharatiya Janata Party (BJP) National President Jagat Prakash Nadda (JP Nadda) released a new book titled β€œAmrutkaal ki Ore”(Towards Amrit Kaal), compiled by Shivanand Dwivedi and K K Upadhyay, in New Delhi.

Bharatiya Janata Party (BJP) National President Jagat Prakash Nadda (JP Nadda) released a new book titled β€œAmrutkaal ki Ore”(Towards Amrit Kaal), compiled by Shivanand Dwivedi and K K Upadhyay, in New Delhi. The book details the achievements of the Modi government during the past 9 years and its contribution towards the transformation of India. This is the 3rd volume in a series on #ModiGovt was brought out by Dr Syama Prasad Mookerjee Research (SPMR) Foundation. The book is published by Prabhat Prakashan.


     


      The book is published by Prabhat Prakashan.

     

 

     

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UN Russian Language Day is observed annually on June 6.

UN Russian Language Day is observed annually on June 6. The event was established by the United Nations Educational, Scientific and Cultural Organization (UNESCO) in 2010. UN Russian Language Day coincides with the birthday of Alexander Pushkin, a Russian poet who is considered the father of modern Russian language.


     


      The event was established by the United Nations Educational, Scientific and Cultural Organization (UNESCO) in 2010.

     

 

     

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Maharashtra Chief Minister Eknath Shinde has launched Asia's largest, ambitious and historic cluster development scheme in Thane.

Maharashtra Chief Minister Eknath Shinde has launched Asia's largest, ambitious and historic cluster development scheme in Thane. This scheme was conceptualized for the collective redevelopment of unauthorized and official dangerous buildings after the collapse of the Sairaj Building in Thane which had claimed 18 lives. The redeveloped township plan includes well-equipped health, educational, sports, recreational, parking, mandi, and civic facilities. The CIDCO will execute the project. Under the project, the integrated redevelopment project will be done on the lines of townships. The occupants will get a 323 Sq ft ownership house. 10,000 houses will be constructed in the first phase of cluster development in Thane on 1500 acre area.


     


     

     

 

     

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World Pest Day (World Pest Awareness Day) is annually observed on 6 June to raise awareness of pest management.

World Pest Day (World Pest Awareness Day) is annually observed on 6 June to raise awareness of pest management. The first World Pest Day was marked in 2017. World Pest Day was initiated by the Chinese Pest Control Association, and co-sponsored by the Federation of Asian and Oceania Pest Managers’ Association (FAOPMA), the National Pest Management Association (NPMA), and the Confederation of European Pest Management Associations (CEPA).


     


      The first World Pest Day was marked in 2017.

     

 

     

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A heavy weight indigenously developed Torpedo 'Varunastra' successfully engaged an underwater target.

Indian Navy informed that a heavy weight indigenously developed Torpedo 'Varunastra' successfully engaged an underwater target. 'Varunastra' is an advanced heavy-weight anti-submarine torpedo. The anti-submarine heavyweight torpedo dubbed the Varunastra was inducted into India’s Navy in 2016. It has been developed by the DRDO’s Naval Science and Technological Laboratory for the Navy. The weight of the torpedo is about 1.25 tons, and it can carry about 250 kg of explosives when travelling at about 40 nm per hour.


     


      'Varunastra' is an advanced heavy-weight anti-submarine torpedo.

     

 

     

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The State Bank of India has launched Project Kuber having four transaction banking hubs and one corporate salary package hub in Bengaluru.

The State Bank of India has launched Project Kuber having four transaction banking hubs and one corporate salary package hub in Bengaluru. The objective is to source, facilitate, and cater to the various banking needs of customers, and these hubs will help increase SBI’s market share in liability products. Transaction Banking Hubs will offer services to corporate/non-corporate clients, from account opening to onboarding them on SBI’s digital platforms.


     


      The objective is to source, facilitate, and cater to the various banking needs of customers, and these hubs will help increase SBI’s market share in liability products.

     

 

     

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The Maharashtra government has signed a MoU with Bajaj Finserv in Mumbai to invest 5,000 crore rupees in Pune which is expected to create 40,000 jobs.

The Maharashtra government has signed a MoU with Bajaj Finserv in Mumbai to invest 5,000 crore rupees in Pune which is expected to create 40,000 jobs. Pune is gradually becoming a hub for financial services and the latest development involving Bajaj Finserve would boost the sector. It is probably the largest investment taking place in recent times in the fintech sector.


     


     

     

 

     

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World Day Against Speciesism is annually observed on June 5th to stop discrimination based on species membership.

World Day Against Speciesism is annually observed on June 5th to stop discrimination based on species membership. World Day Against Speciesism is supported by People for the Ethical Treatment of Animals (PETA), the Farm Animal Rights Movement (FARM), and other animal rights groups for the purpose of promoting this idea among the general public.


     


     

     

 

     

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Union Minister Jitendra Singh inaugurated the two-day "Lavender Festival" in Jammu and Kashmir's Bhaderwah Valley.

Union Minister Jitendra Singh inaugurated the two-day "Lavender Festival" in Jammu and Kashmir's Bhaderwah Valley. The festival has been organised by the CSIR-IIIM and is part of the institution's 'One Week One Lab Campaign'. It showcases the remarkable progress made in lavender cultivation and its impact on the local community. The CSIR-Aroma Mission is a flagship project of CSIR under which Lavender cultivation is being promoted in the temperate regions of J&K. The aim of the project is to increase the income of small and marginal farmers and develop agriculture-based Startups.


     


      The festival has been organised by the CSIR-IIIM and is part of the institution's 'One Week One Lab Campaign'.

     

 

     

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Red Bull's Max Verstappen win the 2023 Spanish Grand Prix.

Red Bull's Max Verstappen win the 2023 Spanish Grand Prix. Lewis Hamilton, a seven-time world champion, secured the second spot for Mercedes. George Russell secured the third spot. Verstappen led all 66 laps at Barcelona’s Circuit de Catalunya to record his fifth win from the opening seven rounds and extend his championship lead.


      Red Bull's Max Verstappen win the 2023 Spanish Grand Prix.


      Lewis Hamilton, a seven-time world champion, secured the second spot for Mercedes.

      George Russell secured the third spot.

 

     

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Education Minister Dharmendra Pradhan released the UGC (Institutions Deemed to be Universities) Regulations, 2023 in New Delhi.

Education Minister Dharmendra Pradhan released the UGC (Institutions Deemed to be Universities) Regulations, 2023 in New Delhi. These regulations will facilitate creation of many more quality-focused deemed to be universities in an objective and transparent manner. The new simplified guidelines will encourage universities to focus on quality and excellence. This will also strengthen the research ecosystem and have a long-term impact in transforming the higher education landscape.


     


      These regulations will facilitate creation of many more quality-focused deemed to be universities in an objective and transparent manner.

     

 

     

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Indian Chess Grand Master Aravindh Chithambaram wins 23rd Dubai Open 2023 for the second consecutive year.

Indian Chess Grand Master Aravindh Chithambaram wins 23rd Dubai Open 2023 for the second consecutive year. Javokhir Sindarov second and Arjun Erigaisi was placed third. Aravindh earned a trophy and USD 12000, Arjun won $6000. 13-year-old Jaiveer Mahendru scored 7.5/9 to finish second in Category B (1600-2199). He received $1800.


     


      Javokhir Sindarov second and Arjun Erigaisi was placed third.

     

 

     

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SpaceX's Falcon 9 rocket successfully launched 22 second-generation Starlink satellites, also known as 'V2 Mini', to low-Earth orbit.

SpaceX's Falcon 9 rocket successfully launched 22 second-generation Starlink satellites, also known as 'V2 Mini', to low-Earth orbit. This launch marked the third successful launch and landing for the Falcon 9 first stage booster. The booster had previously been utilized for the Crew-6 and SES O3b mPOWER missions, demonstrating the reliability and reusability of the powerful rocket technology. The improved capabilities of the V2 Minis will greatly benefit users by enabling more simultaneous internet access, faster speeds, and enhanced reliability.


     


      This launch marked the third successful launch and landing for the Falcon 9 first stage booster.

     

 

     

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Panjab University (PU) claimed top position in the medal tally of the Khelo India University Games by winning 69 medals in 3rd Khelo India University Games 2023.

The 3rd Khelo India University Games concluded on 3rd June 2023. The Valedictory function was held at the techno stadium pavilion ground of IIT BHU in Varanasi. Panjab University (PU) claimed top position in the medal tally of the Khelo India University Games by winning 69 medals. 3rd khelo India University games which started from 25th May 2023 at four cities of Uttar Pradesh, Lucknow Varanasi Gorakhpur and Gautam Budh Nagar. The Guru Nanak Dev University of Amritsar is on 2nd place with 68. While the Jain University Karnataka is on 3rd place with a total of 32 medals.


      Panjab University (PU) claimed top position in the medal tally of the Khelo India University Games by winning 69 medals in 3rd Khelo India University Games 2023.


      The Guru Nanak Dev University of Amritsar is on 2nd place with 68.

      While the Jain University Karnataka is on 3rd place with a total of 32 medals.

 

     

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Jim Hines, the 1968 Olympic 100-meter champion, has passed away at the age of 76.

Jim Hines, the 1968 Olympic 100-meter champion, has passed away at the age of 76. Hines won the 100 m at the 1968 Summer Games in Mexico City in a world-record time of 9.95 seconds. He also helped the 4x100 relay team to a gold medal. Hines’ world record earned him his first individual Olympic gold medal.


     


      Hines won the 100 m at the 1968 Summer Games in Mexico City in a world-record time of 9.95 seconds. He also helped the 4x100 relay team to a gold medal.

     

 

     

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International Day of Innocent Children Victims of Aggression is observed on June 4 every year.

International Day of Innocent Children Victims of Aggression is observed on June 4 every year. On 19th August 1982, at its emergency special session, the General Assembly decided to commemorate 4 June as the International Day of Innocent Children Victims of Aggression every year.


     


     

     

 

     

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Veteran actress Sulochana Latkar, who played memorable roles in films in over 250 Hindi 50-odd Marand athi films, passed away.

Veteran actress Sulochana Latkar, who played memorable roles in films in over 250 Hindi 50-odd Marand athi films, passed away. Sulochana was conferred the Padma Shri in 1999, and the Filmfare Lifetime Achievement Award in 2004. Born on July 30, 1928 at Khadaklat village of Belagavi (now in Karnataka), she made her film debut in 1946. Over the years she played the on screen mother to many stars.


     


      Sulochana was conferred the Padma Shri in 1999, and the Filmfare Lifetime Achievement Award in 2004.

     

 

     

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World Environment Day was celebrated on June 5.

World Environment Day was celebrated on June 5. 5th June 2023 marks the 50th celebration of the global event to support Earth. The theme for World Environment Day 2023 is β€˜Solutions to Plastic Pollution’. The World Environment Day, led by the United Nations Environment Programme (UNEP), has been held annually on June 5, since 1973.


      World Environment Day was celebrated on June 5.


      5th June 2023 marks the 50th celebration of the global event to support Earth.

      The theme for World Environment Day 2023 is β€˜Solutions to Plastic Pollution’.

 

     

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International Day for the Fight against Illegal, Unreported and Unregulated Fishing is annually celebrated on June 5.

International Day for the Fight against Illegal, Unreported and Unregulated Fishing is annually celebrated on June 5. The day was proclaimed by the United Nations General Assembly in 2017 to raise awareness of the problem of illegal, unreported and unregulated (IUU) fishing. On this day, various stakeholders, including governments, non-governmental organizations (NGOs), and fishing communities, organize awareness campaigns, workshops, seminars, and policy discussions to foster a greater understanding of the impact of IUU fishing.


     


     

     

 

     

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The Indian Institute of Technology (IIT) Madras has retained its top ranking for the 5th time in the National Institutional Ranking Framework (NIRF).

The Indian Institute of Technology (IIT) Madras has retained its top ranking for the 5th time in the National Institutional Ranking Framework (NIRF). The institutions were ranked under 13 categories and evaluated on five parameters, including perception and outreach. Top institutions included Delhi University's Miranda House, the Indian Institute of Management Ahmedabad, and the National Law School of India University Bengaluru. New entrants to the top 100 included the National Institute of Technology Calicut and Tamil Nadu Agricultural University. The Indian Institute of Technology (IIT) Madras remained the country’s top-ranked educational institute in the 8th edition of the National Institutional Ranking Framework (NIRF). Thus, Delhi University (DU)’s Miranda House emerged as the top college for the seventh time in a row; IISc Bengaluru as the top university for the eighth consecutive time; Indian Institute of Management (IIM) Ahmedabad, the best B-school for the fourth time in a row; and AIIMS Delhi topped the medical category and Bengaluru’s National Law School of India University the law one for the sixth consecutive year.


      The Indian Institute of Technology (IIT) Madras has retained its top ranking for the 5th time in the National Institutional Ranking Framework (NIRF).


      Top institutions included Delhi University's Miranda House, the Indian Institute of Management Ahmedabad, and the National Law School of India University Bengaluru.

      The Indian Institute of Technology (IIT) Madras remained the country’s top-ranked educational institute in the 8th edition of the National Institutional Ranking Framework (NIRF).

 

     

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To ensure availability of subject experts and work on protection of dams in the country, a MoU was signed at Malviya National Institute of Technology (MNIT) Jaipur for setting up a India's first of its kind National Centre for Earthquake Safety of Dams.

To ensure availability of subject experts and work on protection of dams in the country, a MoU was signed at Malviya National Institute of Technology (MNIT) Jaipur for setting up a India's first of its kind National Centre for Earthquake Safety of Dams. The central government would provide Rs30 crore for setting up the proposed centre at the Malviya National Institute of Technology (MNIT). According to the MoU between MNIT and the National Dam Safety Authority of the Ministry of Jal Shakti, the new centre will handle technology development related to structural and earthquake safety of all dams in the country. India has the third largest number of dams, 6,000, in the world.


      To ensure availability of subject experts and work on protection of dams in the country, a MoU was signed at Malviya National Institute of Technology (MNIT) Jaipur for setting up a India's first of its kind National Centre for Earthquake Safety of Dams.


      The central government would provide Rs30 crore for setting up the proposed centre at the Malviya National Institute of Technology (MNIT).

      India has the third largest number of dams, 6,000, in the world.

 

     

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Indian Army’s Sapta Shakti Command conducted the exercise β€˜Sudarshan Shakti 2023’ From 22 May to 25, 2023, along Rajasthan’s western borders.

Indian Army’s Sapta Shakti Command conducted the exercise β€˜Sudarshan Shakti 2023’ From 22 May to 25, 2023, along Rajasthan’s western borders. β€˜Sudarshan Shakti 2023’ was created to test operational plans in a network-centric setting. Combat power, combat support, and logistic support were used in tandem across all domains of enemy danger, including Grey Zone Warfare, as part of high-tempo operations. Their participation demonstrates the Army and air force’s interoperability in various operational scenarios.


     


      β€˜Sudarshan Shakti 2023’ was created to test operational plans in a network-centric setting.

     

 

     

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The UN Security Council has extended the United Nations political mission for 6 months in Sudan.

The UN Security Council has extended the United Nations political mission for 6 months in Sudan. The Council unanimously agreed to extend until the 3rd of December, 2023 the UN Integrated Transition Assistance Mission in Sudan (UNITAMS). The 15 members Security Council also resolved to condemn the attacks against the civilian population, UN personnel and humanitarian actors, as well as the looting of humanitarian supplies. UNITAMS was created in June 2020 to support Sudan’s democratic transition after the fall of Omar al-Bashir government.


     


      The Council unanimously agreed to extend until the 3rd of December, 2023 the UN Integrated Transition Assistance Mission in Sudan (UNITAMS).

     

 

     

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A Memorandum of Understanding between Indian Navy and Indian Maritime University was signed at New Delhi for Technical Collaboration.

A Memorandum of Understanding between Indian Navy and Indian Maritime University was signed at New Delhi for Technical Collaboration. The MoU sets forth the procedure towards collaboration in the fields of training, joint research & development, collaborative courses, resolution of field level issues by teams from Centre of Excellence (Marine Engg), INS Shivaji, Lonavala and Indian Maritime University. The MoU was signed by Vice Admiral Sandeep Naithani, Chief of Materiel and Dr Malini V Shankar, IAS (Retd), Vice Chancellor Indian Maritime University.


     


      The MoU sets forth the procedure towards collaboration in the fields of training, joint research & development, collaborative courses, resolution of field level issues by teams from Centre of Excellence (Marine Engg), INS Shivaji, Lonavala and Indian Mari

     

 

     

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The Times Higher Education (THE) Impact Rankings 2023 have been declared and Amrita Vishwa Vidyapeetham, Coimbatore has emerged as India’s highest-placed university.

The Times Higher Education (THE) Impact Rankings 2023 have been declared and Amrita Vishwa Vidyapeetham, Coimbatore has emerged as India’s highest-placed university. The university is ranked at the 52nd rank globally out of 1,591 universities from 112 countries/regions. The overall ranking was topped by Western Sydney University followed by University of Manchester, UK and Queen’s University, Canada. Universiti Sains Malaysia bagged the fourth spot and University of Tasmania came 5th. For SDG 5 β€” gender equality, India bagged one of the top spots with Manipal Academy of Higher Education securing the fourth spot.


     


      The university is ranked at the 52nd rank globally out of 1,591 universities from 112 countries/regions.

     

 

     

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A report titled β€˜Low-cost finance for energy transition’ produced by the International Renewable Energy Agency (IRENA), has praised India’s achievement in rolling out renewable energy capacity, calling it β€œunprecedented”.

A report titled β€˜Low-cost finance for energy transition’ produced by the International Renewable Energy Agency (IRENA), has praised India’s achievement in rolling out renewable energy capacity, calling it β€œunprecedented”. The country’s renewable energy sector has seen unprecedented growth driven by national targets of 175 GW of renewable energy capacity by 2022 and 500 GW of non-fossil fuel capacity by 2030,” India ranked third on the Renewable Energy Attractive Index in 2021. India’s solar and wind power base is the fourth largest in the world.


     


      The country’s renewable energy sector has seen unprecedented growth driven by national targets of 175 GW of renewable energy capacity by 2022 and 500 GW of non-fossil fuel capacity by 2030,” India ranked third on the Renewable Energy Attractive Index in 2

     

 

     

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The Securities and Exchange Board of India (SEBI) came out with guidelines for transactions in corporate bonds through Request for Quote (RFQ) platform by stock brokers in order to increase liquidity on the platform.

The Securities and Exchange Board of India (SEBI) came out with guidelines for transactions in corporate bonds through Request for Quote (RFQ) platform by stock brokers in order to increase liquidity on the platform. Stock brokers will have to undertake at least 10 percent of their total secondary market trades by value in corporate bonds in that month by placing quotes through one-to-one or one-to-many mode on the RFQ platform of stock exchanges from July 1 and the percentage will increase to 25 percent from April 2024. The RFQ or Request for Quote platform is a system or interface for inviting and/or giving quotes on an electronic platform.


     


     

     

 

     

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Insurance regulator IRDAI identified SBI Life Insurance Company (SBI Life) as the acquirer of the insurance business of Sahara India Life Insurance Company (SILIC).

Insurance regulator IRDAI identified SBI Life Insurance Company (SBI Life) as the acquirer of the insurance business of Sahara India Life Insurance Company (SILIC). SBI Life shall take over the policy liabilities of around two lakh policies of SILIC, backed by the policyholders’ assets, with immediate effect. Sahara India Life Insurance was granted a registration certificate in 2004 to transact the business of life insurance. SBI Life has been directed to take adequate steps to reach out to the policyholders of SILIC, with regard to servicing of policies, including setting up of a dedicated cell to address the queries of the policyholders.


      Insurance regulator IRDAI identified SBI Life Insurance Company (SBI Life) as the acquirer of the insurance business of Sahara India Life Insurance Company (SILIC).


      SBI Life shall take over the policy liabilities of around two lakh policies of SILIC, backed by the policyholders’ assets, with immediate effect.

      Sahara India Life Insurance was granted a registration certificate in 2004 to transact the business of life insurance.

 

     

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To provide better saving options for customers, RBL bank introduced its ACE Fixed Deposit scheme with an interest of up to 8.50 percent.

To provide better saving options for customers, RBL bank introduced its ACE Fixed Deposit scheme with an interest of up to 8.50 percent. The new saving scheme can be taken for a tenure of 12 months to 20 years. The new scheme will provide more options for customers in terms of banks and rewards. Under the scheme, the bank is offering 20 bps higher rate of interest, over and above the regular callable deposits (Fixed Deposit with premature withdrawal). Moreover, senior citizens and super senior citizens getting 50 bps and 75 bps higher interest rate respectively. The minimum deposit value of the FD scheme is Rs50 lakh and maximum deposit value is Rs2 crore.


      To provide better saving options for customers, RBL bank introduced its ACE Fixed Deposit scheme with an interest of up to 8.50 percent.


      Under the scheme, the bank is offering 20 bps higher rate of interest, over and above the regular callable deposits (Fixed Deposit with premature withdrawal).

      The minimum deposit value of the FD scheme is Rs50 lakh and maximum deposit value is Rs2 crore.

 

     

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Karbon Card has launched a mobile-based expense management card namely 'Card++' for businesses and individuals wherein it offers its users uncapped cashback of upto 1%.

Karbon Card has launched a mobile-based expense management card namely 'Card++' for businesses and individuals wherein it offers its users uncapped cashback of upto 1%. In comparison to other prepaid instruments like UPI and debit cards, which do not offer any cashback, Card ++ differentiates itself by providing interesting cashback offers, incentivizing people for their spending. Karbon’s Card++ offers an expense management solution, empowering businesses to operate and is gaining popularity among startups and small and medium-sized enterprises as a payment platform that offers uncapped cashback rewards without any charges. Its features include the ability to make payments on various platforms such as Google, Amazon, Swiggy, and Ola.


     


      Its features include the ability to make payments on various platforms such as Google, Amazon, Swiggy, and Ola.

     

 

     

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Agratas Energy Storage Solution, subsidiary of Tata Group, has announced its plans to establish a lithium-ion cell manufacturing giga factory in Gujarat.

Agratas Energy Storage Solution, subsidiary of Tata Group, has announced its plans to establish a lithium-ion cell manufacturing giga factory in Gujarat. The Agratas Energy Storage Solution has signed a MoU with the Government of Gujarat to solidify this commitment. The project will entail an initial investment of Rs13,000 crores (equivalent to USD 1.8 billion) in its first phase.


     


      The Agratas Energy Storage Solution has signed a MoU with the Government of Gujarat to solidify this commitment.

     

 

     

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World Bicycle Day is celebrated every year on June 3 to raise awareness beneficial for body fitness, and also for a healthy body.

World Bicycle Day is celebrated every year on June 3 to raise awareness beneficial for body fitness, and also for a healthy body. Bicycle ride is one of the most enjoyable activities which also helps us keep our body physically and mentally fit and disease free. World Bicycle Day was established by the United Nations General Assembly on June 3, 2018. The resolution for the same was passed on April 12, 2018.


     


      World Bicycle Day was established by the United Nations General Assembly on June 3, 2018.

     

 

     

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The Maharashtra Cabinet, under the leadership of Chief Minister Eknath Shinde, launched new initiative called β€˜Shasan Aplya Dari’ (government at your doorstep).

The Maharashtra Cabinet, under the leadership of Chief Minister Eknath Shinde, launched new initiative called β€˜Shasan Aplya Dari’ (government at your doorstep). With an aim to make government schemes available at the doorstep of the common man, the state government will now use a new portal called β€˜Mahalabharthi’, where all the state schemes will be enlisted. The primary objective of this initiative is to provide citizens with easy access to government schemes and documents, all in one place. Mahalabharthi website is developed by Maharashtra Knowledge Corporation Limited (MKCL).


     


      With an aim to make government schemes available at the doorstep of the common man, the state government will now use a new portal called β€˜Mahalabharthi’, where all the state schemes will be enlisted.

     

 

     

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The Tamil Nadu government has signed six memoranda of understanding (MoUs) with Japanese companies towards an investment of around Rs818.9 crores.

The Tamil Nadu government has signed six memoranda of understanding (MoUs) with Japanese companies towards an investment of around Rs818.9 crores. Guidance Tamil Nadu signed an MoU with KyoKuto Satrac, for an investment of Rs113.90 crores to establish a 13-acre plant at Mambakkam of Kancheepuram to manufacture trailers and trucks. In another MoU with Mitsuba company over an investment of Rs155 crores, it has been agreed to expand Mitsuba’s existing plant in SIPCOT Gummidipoondi in Tiruvallur district. A Rs200 crore worth investment will be made by Kohyei to build a plant in Tamil Nadu to manufacture polycarbonate sheets, roof materials, and extrusion lines for electronic components for use in the construction industry.


     


      In another MoU with Mitsuba company over an investment of Rs155 crores, it has been agreed to expand Mitsuba’s existing plant in SIPCOT Gummidipoondi in Tiruvallur district.

     

 

     

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Royal Highness Princess Mele Siu'ilikutapu of the Kingdom of Tonga has passed away at the age of 75.

Royal Highness Princess Mele Siu'ilikutapu of the Kingdom of Tonga has passed away at the age of 75. She was the first woman to be elected to the Legislative Assembly in Tonga and was a People's Representative from 1975 until 1978. Princess Siu'ilikutapu was one of the keynote speakers at the New Zealand Dawn Raid Apology in 2021, representing the voice of Tongans and Pacific people.


     


      She was the first woman to be elected to the Legislative Assembly in Tonga and was a People's Representative from 1975 until 1978.

     

 

     

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The 3rd Employment Working Group (EWG) meeting under the G20 Indian Presidency successfully held in Geneva.

The 3rd Employment Working Group (EWG) meeting under the G20 Indian Presidency successfully held in Geneva. The three-day meeting, which took place from June 31st to June 2nd, 2023, at the International Labour Organization (ILO) in Geneva, Switzerland, witnessed active participation from delegates representing 78 G20 Members, Invitee Countries, Guest Countries, and International Organizations. This meeting concluded on a high note with a broad agreement by all members on the draft Ministerial Communique and Outcome documents related to the priority areas of the G20 EWG 2023. The fourth and final meeting of the Employment Working Group and the Labour and Employment Ministers Meeting is scheduled for 19th-21st July, 2023 in India at Indore.


     


      This meeting concluded on a high note with a broad agreement by all members on the draft Ministerial Communique and Outcome documents related to the priority areas of the G20 EWG 2023.

     

 

     

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A renowned Ghanaian author, playwright and feminist, Ama Ata Aidoo has passed away at the age of 81 in Ghana.

A renowned Ghanaian author, playwright and feminist, Ama Ata Aidoo has passed away at the age of 81 in Ghana. Aidoo was a university professor and served as Ghana’s education minister in the early 1980s. Aidoo won many literary awards including the 1992 Commonwealth Writers Prize for Changes.


     


      Aidoo was a university professor and served as Ghana’s education minister in the early 1980s.

     

 

     

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The scheme, Namo Shetkari Mahasanman Yojana, was approved at a Maharashtra Cabinet meeting chaired by Chief Minister Eknath Shinde.

The Maharashtra government rolled out a new financial scheme under which more than one crore farmers in the state will be paid Rs6,000 annually. The scheme, Namo Shetkari Mahasanman Yojana, was approved at a Maharashtra Cabinet meeting chaired by Chief Minister Eknath Shinde. More than 1 crore cultivators will benefit from the state government's scheme. Fadnavis, who is also the state's finance minister, had announced the scheme in the 2023-24 budget which he presented in the Assembly in March.


      The Maharashtra government rolled out a new financial scheme under which more than one crore farmers in the state will be paid Rs6,000 annually.


      The scheme, Namo Shetkari Mahasanman Yojana, was approved at a Maharashtra Cabinet meeting chaired by Chief Minister Eknath Shinde.

      More than 1 crore cultivators will benefit from the state government's scheme.

 

     

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Allies Finland, Norway, and Partner Sweden will host the multinational Arctic Challenge Exercise 2023 from 29 May to 9 June 2023.

Allies Finland, Norway, and Partner Sweden will host the multinational Arctic Challenge Exercise 2023 from 29 May to 9 June 2023. This Arctic Challenge Exercise (ACE 23) is the 6th of its kind which Finland, Norway, and Sweden have hosted together. The Arctic Challenge Exercises is part of the NORDEFCO cooperation between Finland, Norway, Sweden, and Denmark. The purpose was for the three Nordic nations to practice together and across their countries' borders.


     


      This Arctic Challenge Exercise (ACE 23) is the 6th of its kind which Finland, Norway, and Sweden have hosted together.

     

 

     

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The Union Minister for Jal Shakti, Gajendra Singh Shekhawat launched the Unified Registration Portal for GOBARdhan.

The Union Minister for Jal Shakti, Gajendra Singh Shekhawat launched the Unified Registration Portal for GOBARdhan. It will act as a one stop repository to assess investment and participation in Biogas/CBG sector at pan India level and more importantly streamline the process of setting up CBG/Biogas plants in India. Any government, cooperative or private entity operating or intending to setup a Biogas/CBG/Bio CNG plant in India can obtain a registration number by enrolling in this unified registration portal launched. The registration number will enable availing of multitude of benefits and support from the Ministries & Departments of Government of India.


     


      It will act as a one stop repository to assess investment and participation in Biogas/CBG sector at pan India level and more importantly streamline the process of setting up CBG/Biogas plants in India.

     

 

     

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Housing and Urban Affairs Minister Hardeep Singh Puri launched a PM SVANidhi mobile app for street vendors, to ease the loan application process and provide various information to them regarding the scheme.

Housing and Urban Affairs Minister Hardeep Singh Puri launched a PM SVANidhi mobile app for street vendors, to ease the loan application process and provide various information to them regarding the scheme. The scheme aims to restore self-employment, Self-Sustenance, and Self-Confidence among street vendors. The scheme has also empowered COVID-19-affected street vendors to resume their livelihood.


     


      The scheme aims to restore self-employment, Self-Sustenance, and Self-Confidence among street vendors.

     

 

     

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Kotak Mahindra Bank Limited in partnership with Myntra launch of its first-of-its-kind co-branded digital fashion and lifestyle credit card, namely 'Kotak Myntra credit card'.

Kotak Mahindra Bank Limited in partnership with Myntra launch of its first-of-its-kind co-branded digital fashion and lifestyle credit card, namely 'Kotak Myntra credit card'. The card will be available across Myntra as well as Kotak mobile applications. Existing Myntra customers will be able to apply for the card through a completely digital journey on the Myntra app itself. The Kotak Myntra credit card will also be available on MasterCard and RuPay networks. As the first-of-its-kind card in the industry, the Myntra Co-branded Credit Card will be dedicated to fashion shoppers across metros, tier 1, tier 2 & 3 cities, creating stickiness and excellent brand recall.


      Kotak Mahindra Bank Limited in partnership with Myntra launch of its first-of-its-kind co-branded digital fashion and lifestyle credit card, namely 'Kotak Myntra credit card'.


      The card will be available across Myntra as well as Kotak mobile applications.

      The Kotak Myntra credit card will also be available on MasterCard and RuPay networks.

 

     

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Dairy technology provider Stellapps’ fintech arm mooPay, in partnership with IBISA Network, HDFC ERGO and Gramcover, has launched India's first heat Index-based insurance plan for farmers.

Dairy technology provider Stellapps’ fintech arm mooPay, in partnership with IBISA Network, HDFC ERGO and Gramcover, has launched India's first heat Index-based insurance plan for farmers. It provides financial compensation to mooMark dairy farmers to offset income loss due to a fall in milk productivity during heat waves in summer. The cover guarantees insurance benefits for farmers if, over 60 days starting from May 1st, temperatures exceed the specified limits for a predetermined number of days, with region-specific parameters. Each insured cattle is eligible for a cover of a maximum of INR 2000.


      Dairy technology provider Stellapps’ fintech arm mooPay, in partnership with IBISA Network, HDFC ERGO and Gramcover, has launched India's first heat Index-based insurance plan for farmers.


      The cover guarantees insurance benefits for farmers if, over 60 days starting from May 1st, temperatures exceed the specified limits for a predetermined number of days, with region-specific parameters.

      Each insured cattle is eligible for a cover of a maximum of INR 2000.

 

     

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Kerala-based Manappuram Finance Ltd has launched 'Ma-Money', a new digital lending platform.

Kerala-based Manappuram Finance Ltd has launched 'Ma-Money', a new digital lending platform. The objective of introducing the app is to provide customers all the financial products offered by Manappuram Finance under one platform. A pioneer in digital gold loans, the company hopes that the new app will help it scale up its digital business and reach a wider audience. The app is primarily targeted at customers in tier 2 and tier 3 cities. Ma-Money offers a wide range of loans, including personal loans, business loans, consumer durables' loans, loans for the healthcare industry, food industry, small-scale industries, car loans, home repair loans, among others. With the new app, customers can apply for loans, track their applications, and manage their accounts, all from their mobile devices.


      Kerala-based Manappuram Finance Ltd has launched 'Ma-Money', a new digital lending platform.


      The objective of introducing the app is to provide customers all the financial products offered by Manappuram Finance under one platform.

      The app is primarily targeted at customers in tier 2 and tier 3 cities.

 

     

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The Reserve Bank of India (RBI) launched a β€˜100 Days 100 Pays’ campaign to trace and settle the top 100 unclaimed deposits of every bank in every district within 100 days.

The Reserve Bank of India (RBI) launched a β€˜100 Days 100 Pays’ campaign to trace and settle the top 100 unclaimed deposits of every bank in every district within 100 days. The banking regulator’s β€˜100 Days 100 Pays’ campaign will complement its efforts to cut the quantum of unclaimed deposits in the banking system and return such deposits to their rightful owners/claimants. In order to improve and widen the access of depositors/beneficiaries to such data, RBI has decided to develop a web portal to enable search across multiple banks for possible unclaimed deposits based on user inputs. The central bank has also announced the setting up of a centralised web portal for the public to search unclaimed deposits across multiple banks.


      The Reserve Bank of India (RBI) launched a β€˜100 Days 100 Pays’ campaign to trace and settle the top 100 unclaimed deposits of every bank in every district within 100 days.


      The banking regulator’s β€˜100 Days 100 Pays’ campaign will complement its efforts to cut the quantum of unclaimed deposits in the banking system and return such deposits to their rightful owners/claimants.

      The central bank has also announced the setting up of a centralised web portal for the public to search unclaimed deposits across multiple banks.

 

     

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India’s gross domestic product (GDP) grew at 6.1 percent in the fourth quarter of FY23.

India’s gross domestic product (GDP) grew at 6.1 percent in the fourth quarter of FY23. The RBI had projected growth in Q4FY23 at 5.1 percent. With this, the full-year FY23 GDP growth was revised to 7.2 percent, which is higher than the central bank's estimate of 7 percent. The growth in real GDP during 2022-23 is estimated at 7.2 percent as compared to 9.1 percent in 2021-22. The nominal GDP in the year 2022-23 "is estimated to attain a level of Rs272.41 lakh crore, as against Rs234.71 lakh crore in 2021-22, showing a growth rate of 16.1 percent. According to the data, the agricultural sector grew 10.3 percent, while the mining sector recorded a growth of 16.3 percent; the construction sector growth stood at 10.4 percent.


      India’s gross domestic product (GDP) grew at 6.1 percent in the fourth quarter of FY23.


      The RBI had projected growth in Q4FY23 at 5.1 percent.

      With this, the full-year FY23 GDP growth was revised to 7.2 percent, which is higher than the central bank's estimate of 7 percent.

 

     

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J.P.Morgan raised its forecast for India's annual growth by 50 basis points to 5.5% for fiscal 2024.

J.P.Morgan raised its forecast for India's annual growth by 50 basis points to 5.5% for fiscal 2024. The change comes after growth in India's gross domestic product (GDP) accelerated to 6.1% in the March quarter. The economy also grew at a better-than-expected 7.2% for fiscal 2023. The Indian government revised its full-year growth estimate for the current financial year to 7.2% from 7%, above the Reserve Bank of India's estimate of 7%. India's economy grew 9.1% in fiscal 2022.


     


      The change comes after growth in India's gross domestic product (GDP) accelerated to 6.1% in the March quarter.

     

 

     

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Professor Celeste Saulo of Argentina has been appointed as the first female Secretary-General of the World Meteorological Organization (WMO).

Professor Celeste Saulo of Argentina has been appointed as the first female Secretary-General of the World Meteorological Organization (WMO). She has been Director of the National Meteorological Service of Argentina since 2014 and is currently the First Vice-President of WMO. She will take office on 1 January 2024 and succeeds Prof Petteri Taalas, who has completed his two-term mandate.


     


      She has been Director of the National Meteorological Service of Argentina since 2014 and is currently the First Vice-President of WMO.

     

 

     

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Bank of Baroda (BoB) announced the nominations for the first edition of the β€˜Bank of Baroda Rashtrabhasha Samman’ Award 2023.

Bank of Baroda (BoB) announced the nominations for the first edition of the β€˜Bank of Baroda Rashtrabhasha Samman’ Award 2023. The unique award has been instituted to recognize and promote literary works in various Indian languages (included under the 8th Schedule of the Constitution) as well as to make the best Indian literature available to Hindi readers through translations. The β€˜Bank of Baroda Rashtrabhasha Samman’ Award will be presented to both the author of the original work and the translator of the book in to Hindi. The author of the original work and the respective Hindi translator of the award-winning book will receive Rs21 lakh and Rs15 lakh respectively. Moreover, the authors and the Hindi translators of the next five shortlisted books will receive Rs3 lakh and Rs2 lakh each respectively. The winner of the β€˜Bank of Baroda Rashtrabhasha Samman’ Award will be announced on 11th June 2023 in Delhi.


      Bank of Baroda (BoB) announced the nominations for the first edition of the β€˜Bank of Baroda Rashtrabhasha Samman’ Award 2023.


      The β€˜Bank of Baroda Rashtrabhasha Samman’ Award will be presented to both the author of the original work and the translator of the book in to Hindi.

      The author of the original work and the respective Hindi translator of the award-winning book will receive Rs21 lakh and Rs15 lakh respectively.

 

     

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Dennis Frances, Trinidad and Tobago’s permanent representative to the United Nations, was elected as president of the 78th Session of the UN General Assembly, which will begin on September 2023.

Dennis Frances, Trinidad and Tobago’s permanent representative to the United Nations, was elected as president of the 78th Session of the UN General Assembly, which will begin on September 2023. He was elected by acclamation during a ceremony in the iconic General Assembly Hall at UN Headquarters in New York. His Excellency Dennis Francis has had a career spanning approximately forty years in the Diplomatic Service of Trinidad and Tobago. He held the rank of Ambassador until his compulsory retirement from the Public Service in 2016.


     


      He held the rank of Ambassador until his compulsory retirement from the Public Service in 2016.

     

 

     

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The scientists of the Zoological Survey of India (ZSI) have discovered a new species 'Pisodonophis kalinga' of eel from Palur canal in Odisha’s Ganjam district.

The scientists of the Zoological Survey of India (ZSI) have discovered a new species 'Pisodonophis kalinga' of eel from Palur canal in Odisha’s Ganjam district. The new species has been named 'Pisodonophis kalinga' after the name of ancient Odisha, director of ZSI. She has also proposed kalinga snake eel as the common name of the new species. It has a snake-like appearance and varies in length from 560 millimetres to 7 metres. It belongs to the family Ophichthidae and order Anguilliformes.


     


      The new species has been named 'Pisodonophis kalinga' after the name of ancient Odisha, director of ZSI.

     

 

     

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India won their fourth Men's Hockey Junior Asia Cup title by defeating Pakistan 2–1 in the final.

India won their fourth Men's Hockey Junior Asia Cup title by defeating Pakistan 2–1 in the final. South Korea won the bronze medal by defeating Malaysia 2–1. The 2023 Men's Hockey Junior Asia Cup was the 10th edition of the Men's Hockey Junior Asia Cup, the men's international under-21 field hockey championship of Asia organized by the Asian Hockey Federation. It was held from 23 May to 1 June 2023 at the Salalah Sports Complex in Salalah, Oman.


     


      The 2023 Men's Hockey Junior Asia Cup was the 10th edition of the Men's Hockey Junior Asia Cup, the men's international under-21 field hockey championship of Asia organized by the Asian Hockey Federation.

     

 

     

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The government has extended the tenure of Atul Verma as the Director General of the Competition Commission of India (CCI) for three months beyond May 31, 2023.

The government has extended the tenure of Atul Verma as the Director General of the Competition Commission of India (CCI) for three months beyond May 31, 2023. CCI is probing various anti-competitive cases, including those relating to technology companies.


     


     

     

 

     

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The Indian Navy's MH-60 Romeo helicopter successfully landed for the first time on the indigenous aircraft carrier INS Vikrant.

The Indian Navy's MH-60 Romeo helicopter successfully landed for the first time on the indigenous aircraft carrier INS Vikrant. Manufactured by Lockheed Martin, the MH-60 Romeo is considered one of the most advanced ant-submarine helicopters in the world and will be deployed on the navy's warships. India has placed an order for 24 choppers in a $905 million government-government deal. Two helicopters have been inducted into the Indian Navy.


     


      Manufactured by Lockheed Martin, the MH-60 Romeo is considered one of the most advanced ant-submarine helicopters in the world and will be deployed on the navy's warships.

     

 

     

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According to the ILO report, Global unemployment is expected to fall below pre-pandemic levels to 5.3% or 191 million in 2023 and low-income countries may remain far behind in the recovery process.

According to the ILO report, Global unemployment is expected to fall below pre-pandemic levels to 5.3% or 191 million in 2023 and low-income countries may remain far behind in the recovery process. North Africa is expected to experience an unemployment rate of 11.2 percent in 2023, while Arab states will see a rate of 9.3 percent. Highlighting the severity of the employment crisis, the ILO estimates a global jobs gap of 11.7 percent in 2023, translating to around 453 million people worldwide.


     


      North Africa is expected to experience an unemployment rate of 11.2 percent in 2023, while Arab states will see a rate of 9.3 percent.

     

 

     

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Reserve Bank Innovation Hub (RBIH) has joined hands with IIT Madras Research Park (IITMRP) and IIT Madras Incubation Cell (IITMIC) to introduce voice-banking solutions to eliminate language barriers across the country.

Reserve Bank Innovation Hub (RBIH) has joined hands with IIT Madras Research Park (IITMRP) and IIT Madras Incubation Cell (IITMIC) to introduce voice-banking solutions to eliminate language barriers across the country. The initiative of RBI and IIT Madras aims at conducting basic banking transactions through voice-controls in Hindi, Tamil, Telugu and English, in the initial stage. Voice-banking will assist the illiterate and the visually impaired in their banking needs. State Bank of India (SBI), Axis Bank, Kotak Mahindra and IDFC First conducted a codefest on voice-banking called β€˜Vaulter Voice’ at the IIT Madras Research Park.


     


      State Bank of India (SBI), Axis Bank, Kotak Mahindra and IDFC First conducted a codefest on voice-banking called β€˜Vaulter Voice’ at the IIT Madras Research Park.

     

 

     

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All India Institute of Medical Sciences (AIIMS), Nagpur, has become the country’s first AIIMS to receive accreditation from National Accreditation Board for Hospitals and Health Providers (NABH).

All India Institute of Medical Sciences (AIIMS), Nagpur, has become the country’s first AIIMS to receive accreditation from National Accreditation Board for Hospitals and Health Providers (NABH). NABH checks a number of parameters like organizational efficiency, safety, patient care, and more of institutions. This will further ensure and enhance the quality of healthcare services, especially for the people of Nagpur, Vidarbha, and central India.


     


      NABH checks a number of parameters like organizational efficiency, safety, patient care, and more of institutions.

     

 

     

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Shri Ajay Yadav, a 2005 batch IAS officer of the Bihar cadre, has appointed as Managing Director of Solar Energy Corporation of India Limited (SECI).

Shri Ajay Yadav, a 2005 batch IAS officer of the Bihar cadre, has appointed as Managing Director of Solar Energy Corporation of India Limited (SECI). Solar Energy Corporation of India (SECI) is a Miniratna Category-I Central Public Sector Enterprise (CPSE) incorporated in the year 2011.


     


     

     

 

     

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K. Krithivasan, the new CEO and MD of Indian IT services company, Tata Consultancy Services (TCS), took charge from June 1, 2023.

K. Krithivasan, the new CEO and MD of Indian IT services company, Tata Consultancy Services (TCS), took charge from June 1, 2023. He will take over from Rajesh Gopinathan, who is stepping down as MD and CEO of the IT firm but will continue to remain with the company till September 16, 2023 for transition. K. Krithivasan, whose appointment was announced by the company earlier in April 2023, is presently the CEO-designate and global head of the banking, financial services, and insurance business group at TCS. He has been part of the global technology sector for over 34 years, after joining TCS in 1989. The term of his appointment as CEO is for five years till February 2027.


     


      He will take over from Rajesh Gopinathan, who is stepping down as MD and CEO of the IT firm but will continue to remain with the company till September 16, 2023 for transition.

     

 

     

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Amarendu Prakash has taken charge as the new Chairman and Managing Director of Steel Authority of India Ltd (SAIL) from May 31, 2023.

Amarendu Prakash has taken charge as the new Chairman and Managing Director of Steel Authority of India Ltd (SAIL) from May 31, 2023. He was previously the Director (In-charge) of SAIL’s Bokaro steel plan. He is a metallurgical engineer from BIT Sindhri and joined SAIL in 1991 as a Management Trainee (Technical).


     


      He was previously the Director (In-charge) of SAIL’s Bokaro steel plan.

     

 

     

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Veteran Sanskrit Scholar and Padma Shri awardee, Ved Kumari Ghai passed away.

Veteran Sanskrit Scholar and Padma Shri awardee, Ved Kumari Ghai passed away. She was head of Sanskrit Department in Jammu University until her retirement on December 31, 1991. She was also awarded Gold Medal by Jammu and Kashmir Government for social work, President’s Award for Sanskrit and Dogra Ratan award etc.


     


      She was also awarded Gold Medal by Jammu and Kashmir Government for social work, President’s Award for Sanskrit and Dogra Ratan award etc.

     

 

     

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World Milk Day is observed on 1st June to spread awareness about the importance of milk and dairy products in our lives.

World Milk Day is observed on 1st June to spread awareness about the importance of milk and dairy products in our lives. World Milk Day first time was celebrated in 2001 all across the globe and several countries participated in the event. The Food and Agriculture Organisation of the United Nations (FAO) selected June 1st in 2001 as World Milk Day, which celebrates the contributions of the dairy sector to sustainability, economic development, livelihoods, and nutrition. The theme of the World Milk Day 2023 is β€œShowcasing how dairy is reducing its environmental footprint, while also providing nutritious foods and livelihoods”.


     


      The Food and Agriculture Organisation of the United Nations (FAO) selected June 1st in 2001 as World Milk Day, which celebrates the contributions of the dairy sector to sustainability, economic development, livelihoods, and nutrition.

     

 

     

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Global Day of Parents is observed on 1st June annually to honour parents and their commitments to children across the world.

Global Day of Parents is observed on 1st June annually to honour parents and their commitments to children across the world. Global Day of Parents was proclaimed by the UN General Assembly in 2012 with a resolution and honour parents throughout the world. It is celebrated in different countries on different dates. In 2012, the General Assembly proclaimed 1 June as the Global Day of Parents, to be observed annually in honour of parents throughout the world".


     


      In 2012, the General Assembly proclaimed 1 June as the Global Day of Parents, to be observed annually in honour of parents throughout the world".

     

 

     

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India conducted Asia's first demonstration of performance-based navigation for helicopters for a flight from Juhu to Pune using GAGAN satellite technology.

India conducted Asia's first demonstration of performance-based navigation for helicopters for a flight from Juhu to Pune using GAGAN satellite technology. GAGAN (GPS Aided GEO Augmented Navigation) is a state-of-the-art space-based augmentation system which adds more accuracy to output of GPS Navigation system by providing local geographical positioning for better accuracy of location of aircraft for more efficient traffic management. The technology was jointly developed by the Indian Space Research Organisation (ISRO) and the Airports Authority of India (AAI).


     


      GAGAN (GPS Aided GEO Augmented Navigation) is a state-of-the-art space-based augmentation system which adds more accuracy to output of GPS Navigation system by providing local geographical positioning for better accuracy of location of aircraft for more e

     

 

     

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Union Minister for Health and Family Welfare, Dr Mansukh Mandaviya inaugurated the state-of-the-art National Training Centre for Food Safety and Standards Authority of India (FSSAI) at Ghaziabad, Uttar Pradesh.

Union Minister for Health and Family Welfare, Dr Mansukh Mandaviya inaugurated the state-of-the-art National Training Centre for Food Safety and Standards Authority of India (FSSAI) at Ghaziabad, Uttar Pradesh. FSSAI has formed a team along with State Authorities to crackdown on those who indulge in such malpractices. On this occasion, an e- learning app- Food Safety and Certification (FoSTaC) developed by FSSAI that contains learning and training modules about food safety guidelines, such as proper food handling, storage, and hygiene practices etc, for street vendors was also launched. Dr Mandaviya also released two books developed by FSSAI - Millets (Shree Anna) Recipes- A Healthy Menu for Mess/Canteens and Healthy Gut, Healthy You - Traditional recipes with potential probiotic benefits.


      Union Minister for Health and Family Welfare, Dr Mansukh Mandaviya inaugurated the state-of-the-art National Training Centre for Food Safety and Standards Authority of India (FSSAI) at Ghaziabad, Uttar Pradesh.


      On this occasion, an e- learning app- Food Safety and Certification (FoSTaC) developed by FSSAI that contains learning and training modules about food safety guidelines, such as proper food handling, storage, and hygiene practices etc, for street vendors

      Dr Mandaviya also released two books developed by FSSAI - Millets (Shree Anna) Recipes- A Healthy Menu for Mess/Canteens and Healthy Gut, Healthy You - Traditional recipes with potential probiotic benefits.

 

     

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Ministry of Electronics and Information Technology (MeitY) launched the Electronics Repair Services Outsourcing (ERSO) initiative to help India become a leader in electronics repair.

Ministry of Electronics and Information Technology (MeitY) launched the Electronics Repair Services Outsourcing (ERSO) initiative to help India become a leader in electronics repair. The government has undertaken this pilot project to assess the feasibility and potential of capturing 20% of the global repair service market within five years. The current value of the global repair service market stands at a substantial $100 billion. The pilot project is set to run for two months, commencing on June 1, 2023. The project has been identified as a game-changer for India and has been supported by the government to make India a world leader in a hitherto untapped domain.


     


      The government has undertaken this pilot project to assess the feasibility and potential of capturing 20% of the global repair service market within five years.

     

 

     

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World Multiple Sclerosis Day is observed annually on May 30th to raise awareness about Multiple Sclerosis (MS) and to provide support to those who are living with this disease.

World Multiple Sclerosis Day is observed annually on May 30th to raise awareness about Multiple Sclerosis (MS) and to provide support to those who are living with this disease. MS is an autoimmune disease that affects the central nervous system and causes a wide range of symptoms such as fatigue, muscle weakness, numbness, headaches, and difficulty with coordination and balance. 'Connections' is the theme for World MS Day for 2020–2023. In 2009, the MSIF declared May 30th as World Multiple Sclerosis Day to raise awareness about the disease and promote solidarity among the global MS community.


     


      'Connections' is the theme for World MS Day for 2020–2023.

     

 

     

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The Asian Development Bank (ADB) rolled out its 2023-27 country partnership strategy for India that identifies accelerating structural transformation and job creation, promoting climate-resilient growth, and deepening social and economic inclusiveness as

The Asian Development Bank (ADB) rolled out its 2023-27 country partnership strategy for India that identifies accelerating structural transformation and job creation, promoting climate-resilient growth, and deepening social and economic inclusiveness as key focus areas. This includes contributing to the country's flagship projects in areas such as industrial corridors, multimodal logistics systems, urban infrastructure, skill development ecosystem, and small businesses.


     


     

     

 

     

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Kiwi, a ground-breaking credit card platform, has launched its all-inclusive "Credit on UPI" customer solution.

Kiwi, a ground-breaking credit card platform, has launched its all-inclusive "Credit on UPI" customer solution. As the first app in India to receive certification from the NPCI, Kiwi will enable customers to experience "Credit on UPI" by issuing Rupay Cards in collaboration with banks. Through the launch of its innovative mobile application, which allows users to securely make payments using either a credit card or bank account through their phones.


     


      As the first app in India to receive certification from the NPCI, Kiwi will enable customers to experience "Credit on UPI" by issuing Rupay Cards in collaboration with banks.

     

 

     

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Damodar Mauzo, a Goan short story writer, novelist, critic, and scriptwriter in Konkani, has been awarded the 57th Jnanpith Award, India’s highest literary honor.

Damodar Mauzo, a Goan short story writer, novelist, critic, and scriptwriter in Konkani, has been awarded the 57th Jnanpith Award, India’s highest literary honor. Mauzo is the second Goan to receive the award, after Ravindra Kelekar in 2008. Mauzo’s 25 books have been published in Konkani and one in English. Many of his books have also been translated in different languages. Mauzo’s famous novel β€˜Karmelin’ received the Sahitya Akademi Award in 1983.


      Damodar Mauzo, a Goan short story writer, novelist, critic, and scriptwriter in Konkani, has been awarded the 57th Jnanpith Award, India’s highest literary honor.


      Mauzo is the second Goan to receive the award, after Ravindra Kelekar in 2008.

      Mauzo’s famous novel β€˜Karmelin’ received the Sahitya Akademi Award in 1983.

 

     

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State-owned RITES Ltd signed a MoU with Power Finance Corporation (PFC) to explore avenues of mutual collaboration for consultancy works in various sectors.

State-owned RITES Ltd signed a MoU with Power Finance Corporation (PFC) to explore avenues of mutual collaboration for consultancy works in various sectors. The two entities have signed the pact to explore avenues in areas, including transport and logistics, energy, water and sanitation, communication, social and commercial infrastructure. Transport infrastructure consultancy and engineering firm RITES will provide expertise for pre-feasibility reports, detailed project reports, transaction advisory, project management services, audits, and inspection.


     


      The two entities have signed the pact to explore avenues in areas, including transport and logistics, energy, water and sanitation, communication, social and commercial infrastructure.

     

 

     

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India has emerged as a key source country for Foreign Direct Investment (FDI) in Dubai.

India has emerged as a key source country for Foreign Direct Investment (FDI) in Dubai. It ranked among the top five source countries for announced FDI projects and estimated FDI capital, according to a report released by "fDi Markets'', a service from UK's Financial Times Ltd. With 77.5 percent of greenfield projects, the top sectors by FDI projects from India into Dubai in 2022 were software & IT services (32 percent), business services (19 percent), consumer products (9 percent), real estate (6 percent), and financial services (5 percent). Meanwhile, the top sectors by FDI capital from India into Dubai in 2022 were consumer products (28 percent), software & IT services (20 percent), communications (19 percent), pharmaceuticals (8 percent), and business services (8 percent).


      India has emerged as a key source country for Foreign Direct Investment (FDI) in Dubai.


      It ranked among the top five source countries for announced FDI projects and estimated FDI capital, according to a report released by "fDi Markets'', a service from UK's Financial Times Ltd.

      Meanwhile, the top sectors by FDI capital from India into Dubai in 2022 were consumer products (28 percent), software & IT services (20 percent), communications (19 percent), pharmaceuticals (8 percent), and business services (8 percent).

 

     

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JSW Steel, a leading integrated steel manufacturer, is the first manufacturer to receive the prestigious GreenPro ecolabel for its β€˜Automotive Steel’ products.

JSW Steel, a leading integrated steel manufacturer, is the first manufacturer to receive the prestigious GreenPro ecolabel for its β€˜Automotive Steel’ products. The GreenPro ecolabel, developed by the Confederation of Indian Industry’s (CII) Green Business Centre, recognizes the highest standards of environmental sustainability and product performance in the Indian manufacturing sector. JSW Steel Vijayanagar’s β€˜Automotive Steel’ products have undergone rigorous assessments and met the stringent criteria set by the GreenPro certification. The GreenPro ecolabel for JSW Steel’s β€˜Automotive Steel’ products will help automotive manufacturers make informed choices, promoting the adoption of sustainable materials in their supply chains.


     


      The GreenPro ecolabel, developed by the Confederation of Indian Industry’s (CII) Green Business Centre, recognizes the highest standards of environmental sustainability and product performance in the Indian manufacturing sector.

     

 

     

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Ashwani Kumar has been appointed as the new MD and CEO of public sector UCO Bank with effect from 1st June 2023.

Ashwani Kumar has been appointed as the new MD and CEO of public sector UCO Bank with effect from 1st June 2023. Prior to this, he was the executive director of the state-owned Indian Bank and is a qualified chartered accountant. Kumar, an experienced banker, succeeds S S Prasad as the MD and CEO of UCO Bank. He had earlier worked in Bank of Baroda, Corporation Bank, Oriental Bank of Commerce, Punjab National Bank and Indian Bank.


     


      Prior to this, he was the executive director of the state-owned Indian Bank and is a qualified chartered accountant.

     

 

     

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Chennai Super Kings won a record-equaling fifth IPL title against Gujarat Titans at the Narendra Modi Stadium in Ahmedabad.

Chennai Super Kings won a record-equaling fifth IPL title against Gujarat Titans at the Narendra Modi Stadium in Ahmedabad. Chennai Super Kings have now equaled Mumbai Indians' record for five IPL titles. MS Dhoni who was leading in his 10th IPL final, has also drawn level with Rohit Sharma - both now have five IPL titles as captain. Chennai Super Kings had won their first IPL title in 2010 and then defended it in 2011. They were suspended for two years in 2016 and 2017.


     


      Chennai Super Kings had won their first IPL title in 2010 and then defended it in 2011.

     

 

     

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National Thermal Power Corporation (NTPC) Limited CMD Gurdeep Singh has been given additional charge of the CMD of NEEPCO.

National Thermal Power Corporation (NTPC) Limited CMD Gurdeep Singh has been given additional charge of the CMD of NEEPCO. Singh will assume additional charge as CMD of NEEPCO for a period of three months with effect from June 1, 2023 or till the appointment of a regular incumbent to this post or until further orders, whichever is earliest. The decision was taken following the approval of the Union Minister of Power and NRE, RK Singh.


     


     

     

 

     

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Yubi has partnered with Indian Bank to extend digital supply chain financing solutions to small and medium-sized businesses (SMEs).

Yubi has partnered with Indian Bank to extend digital supply chain financing solutions to small and medium-sized businesses (SMEs). This strategic partnership aims to address the financing needs of SMEs and facilitate their growth and development. The partnership is expected to disburse Rs1500 crore within the first year.


     


      The partnership is expected to disburse Rs1500 crore within the first year.

     

 

     

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Bajaj Allianz Life has launched a Diabetic Term Plan Sub 8 HbA1c to specifically provide insurance coverage to pre-diabetics and Type-2 diabetics in India.

Bajaj Allianz Life has launched a Diabetic Term Plan Sub 8 HbA1c to specifically provide insurance coverage to pre-diabetics and Type-2 diabetics in India. The policy term ranges from five to 25 years, and premiums can be paid monthly or annually. The Diabetic Term Plan Sub 8 HbA1c is the first-of-its-kind in the Indian life insurance industry, specifically designed for Type-2 diabetics and pre-diabetics. It is a non-linked, non-participating, pure-rik premium life insurance plan. HbA1c is a blood test, in which pre-diabetics have HbA1c level in the range of 5.7-6.4 percent, while diabetics have HbA1c level of 6.5 percent or above. The minimum and maximum entry age is 30 years and 60 years, respectively.


      Bajaj Allianz Life has launched a Diabetic Term Plan Sub 8 HbA1c to specifically provide insurance coverage to pre-diabetics and Type-2 diabetics in India.


      The Diabetic Term Plan Sub 8 HbA1c is the first-of-its-kind in the Indian life insurance industry, specifically designed for Type-2 diabetics and pre-diabetics.

      It is a non-linked, non-participating, pure-rik premium life insurance plan.

 

     

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Cricket icon Sachin Tendulkar has been appointed as the 'Smile Ambassador' for the Maharashtra government's oral hygiene campaign titled 'Swachh Mukh Abhiyaan', in Mumbai.

Cricket icon Sachin Tendulkar has been appointed as the 'Smile Ambassador' for the Maharashtra government's oral hygiene campaign titled 'Swachh Mukh Abhiyaan', in Mumbai. Chief Minister Eknath Shinde and Deputy CM Devendra Fadnavis signed a MoU for five years with Tendulkar for the major state-wide initiative. The 'Swachh Mukh Abhiyaan' is an all-India initiative by the Indian Dental Association (IDA) to create awareness about oral hygiene and health among the masses.


     


      Chief Minister Eknath Shinde and Deputy CM Devendra Fadnavis signed a MoU for five years with Tendulkar for the major state-wide initiative.

     

 

     

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North Korea' attempt to put the country’s first spy satellite 'Malligyong-1' into orbit failed.

North Korea' attempt to put the country’s first spy satellite 'Malligyong-1' into orbit failed. The rocket carrying the satellite crashed into waters off the Korean Peninsula’s western coast after it lost thrust following the separation of its first and second stages. The North Korean launch had prompted brief evacuation orders in South Korea and Japan.


     


     

     

 

     

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Eminent scholar, linguist, academician and writer Vellayani Arjunan passed away in Thiruvananthapuram, Kerala at the age of 90.

Eminent scholar, linguist, academician and writer Vellayani Arjunan passed away in Thiruvananthapuram, Kerala at the age of 90. A Padma Shri awardee, Arjunan had been a prominent figure in the academic, cultural and literary sphere of Kerala for decades and a recipient of three D-Litt degrees. An author of over 40 books of different genres, including poetry, short stories, children's fiction, essays, literary criticism, research articles. And so on, Arjunan had the credit of having post graduations in Malayalam, English and Hindi and PG diplomas in Telugu, Kannada and Tamil. Arjunan received Padma Shri for his overall contributions in various fields in 2008.


     


      Arjunan received Padma Shri for his overall contributions in various fields in 2008.

     

 

     

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World No Tobacco Day is annually celebrated on 31st May to spread awareness about the harms of tobacco use.

World No Tobacco Day is annually celebrated on 31st May to spread awareness about the harms of tobacco use. In 1987, the World Health Assembly passed a resolution calling for 7 April 1988 to be a "a world no-smoking day." Later in 1988, another resolution was passed, calling for the celebration of World No Tobacco Day, every year on 31 May. The theme of the World No Tobacco Day 2023 is 'We need food, not tobacco'.


     


      The theme of the World No Tobacco Day 2023 is 'We need food, not tobacco'.

     

 

     

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