Daily Current Affairs July 19

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs July 19. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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July 19| Daily Current Affairs 2023

Sports – Daily Current Affairs July 19

1. Who won the Men’s Singles title in the Yonex US Open?
A) KentoMomota (Japan)
B) Viktor Axelsen (Denmark)
C) Li Shi Feng (China)
D) Chou Tien-chen (Chinese Taipei)
E) Anthony SinisukaGinting (Indonesia)
Answer: C) Li Shi Feng (China)

Yonex US Open

Held in: Council Bluffs, Iowa, United States
Date: 11 to 16 July 2023

Category Winner Runner
Name Country Name Country
Men’s Singles Li Shi Feng China KunlavutVitidsarn Thailand
Women’s Singles SupanidaKatethong Thailand Gao Fang Jie China
Men Double Goh Sze Fei Malaysia Fang-Chih Lee Chinese Taipei
NurIzzuddin Malaysia Fang-Jen Lee Chinese Taipei
Women Doubles Liu Sheng Shu China MaikenFruergaard Denmark
Tan Ning China Sara Thygesn Denmark
Mixed Doubles Ye Hong Wei Taiwan Mathias Thyrri Denmark
Lee Chia Hsin Taiwan Amalie Magelund Denmark

2. In the Duleep Trophy 2023, which zone emerged as the winner?
A) North Zone
B) East Zone
C) South Zone
D) West Zone
E) Central Zone
Answer: C) South Zone

Duleep Trophy OrMastercardDuleep Trophy 2023

  • Edition: 60th
  • Held in: M Chinnaswamy Stadium, Bangalore, Karnataka
  • Date: 28th June to 16th July
  • Winner: South Zone
  • Runner: West Zone
  • 2023 – 19th title of South Zone(Last title : 2013-14)
  • Player of the Match & Player of the series : VidwathKaverappa

Banking and Finance – Daily Current Affairs July 19

3. In the Henley Passport Index, India is ranked at which position?
A) 50th
B) 65th
C) 80th
D) 95th
E) 110th
Answer: C) 80th

  • India has climbed seven places on Henley Passport Index 2023 to 80th rank from 87 last year.
  • In 2014, India ranked 76 with 52 countries allowing Indian passport holders visa free access but its performance has not been linear.
  • It ranked 88 in 2015 (visa free access to 51 countries), 85 in 2016, 87 in 2017, 81 in 2018, 82 in 2019 and 2020, and 81 in 2021.
  • Countries: 277
Rank Country Visa free travel to Countries
1 Singapore 192
2 Germany, Italy, Spain 190
3 Austria, Finland, France, Japan, South Korea, Luxembourg, Sweden 189
4 Denmark, Ireland, Netherlands, UK 188
5 Belgium, Czech Republic, Malta, New Zealand, Norway, Portugal, Switzerland 187
80 India, Togo, Senegal 57
99 Yemen, Somalia 35
100 Pakistan 33
101 Syria 30
102 Iraq 29
103 Afghanistan 27
Titbits

Henley & Partners:

Headquarters: London, UK
CEO: Dr.Juerg Steffen


Banking and Finance – Daily Current Affairs July 19

4. Which company has launched India’s first Health Insurance platform with monthly subscriptions?
A) Google Pay
B) Paytm
C) PhonePe
D) Amazon Pay
E) MobiKwik
Answer: C) PhonePe

  • PhonePe Insurance Broking Services announced the launch of health insurance plans offering comprehensive insurance in partnership with leading insurers.
  • Its insurance plans have a coverage of up to Rs 1 crore and allow users to choose any hospital room without limit.
  • A user can avail of a bonus cover up to seven times the base cover amount for each claim-free year.
  • Customers can purchase health insurance on the company’s website, compare policies, and set up a monthly mandate or pay annually for a policy.
  • Its health insurance plans provide pre and post-sales assistance to help users make decisions, file claims, and access other services.
  • PhonePe Insurance Broking Services is registered with IRDAI (Insurance Regulatory and Development Authority) as a direct broker (life and general).
  • PhonePe has been recognized as the Most Trusted Brand for Digital Payments as per the Brand Trust Report for two consecutive years (2022 & 2023) by Trust Research Advisory (TRA).
Titbits

PhonePe:

Founded: 2015
CEO: Sameer Nigam
Headquarters : Bengaluru, Karnataka


Books and Authors – Daily Current Affairs July 19

5. Who is the author of the book “THROUGH THE BROKEN GLASS: AN AUTOBIOGRAPHY”?
A) T.N. Seshan
B) R.K. Narayan
C) Arundhati Roy
D) Vikram Seth
E) JhumpaLahiri
Answer: A) T.N. Seshan

Book Name Author Published By
Through The Broken Glass: An Autobiography TN Seshan, Former Chief Election Commissioner(1990-1995) Rupa Publications

Appointments – Daily Current Affairs July 19

6. Nivruti Rai, the former country head of Intel India, has recently assumed the position of Managing Director and CEO of which organization?
A) Reserve Bank of India (RBI)
B) NITI Aayog
C) Invest India
D) Securities and Exchange Board of India (SEBI)
E) State Bank of India (SBI)
Answer: C) Invest India

  • Ms. Nivruti Rai joined as the Managing Director & CEO of Invest India
  • She has taken over the charge from Ms. Manmeet K Nanda, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) who had assumed this additional charge of MD & CEO ad-interim in March 2023.
  • Rai joins Invest India after a 29 years of stint at Intel as a global business and technology leader.
  • She led Intel India as country head for the past seven years.
  • The board of Invest India is chaired by Rajesh Kumar Singh, Secretary, DPIIT (Department for Promotion of Industry and Internal Trade).
  • Other members of the board include P K Tripathi, Secretary (Coordination), Cabinet Secretariat; Arti Bhatnagar, Additional Secretary and Financial Advisor, DPIIT; Md. Noor Rahman Sheikh, Joint Secretary, Ministry of External Affairs; Anand Mahindra, Chairperson, Mahindra Group; Pankaj R Patel, Chairperson, Cadilla Healthcare; HarshvardhanNeotia, Chairperson, AmbujaNeotia Group; Rekha M Menon, Chairperson and Senior MD, Accenture; and Debjani Ghosh, President, NASSCOM.
    Invest India is an investment promotion agency.
  • It facilitates investors looking to invest in the country.
  • The new MD and CEO Rai is the recipient of the prestigious Nari Shakti Puraskar for her remarkable contributions in the field of technology.
  • Invest India platform has been playing a key role in executing the government’s flagship initiatives including Make in India, Startup India, National Single Window System, Project Monitoring Group, and Prime Minister’s Science, Technology and Innovation Advisory Council.
Titbits

Invest India:

Headquarters: New Delhi, Delhi
Founded: 2010
MD & CEO: Ms. Nivruti Rai


7. Who has been appointed as the 25th Director General of the Indian Coast Guard?
A) DG Ramesh Kumar
B) DG Rakesh Pal
C) DG Rajesh Sharma
D) DG Rajendra Singh
E) DG Ravi Prakash
Answer: B) DG Rakesh Pal

  • DG Rakesh Pal has been appointed as the 25th Director General of the Indian Coast Guard (ICG).
  • He is an alumnus of the IndianNaval Academy and joined Indian Coast Guard in January 1989.
  • In his distinguished career spanning over 34 years, the flag officer has held several key appointments, prominent among them are Commander Coast Guard Region (North West), Gandhinagar, Deputy Director General (Policy & Plans), and Additional Director General Coast Guard at Coast Guard Headquarters, New Delhi.
  • Besides, he has held various prestigious staff assignments viz. Director (Infra & Works) and Principal Director (Administration) at Coast Guard Headquarters, New Delhi.
  • He has vast sea experience and commanded all classes of ICG ships namely; ICGS Samarth, ICGS Vijit, ICGS SuchetaKriplani, ICGS Ahalyabai, and ICGS C-03.
  • The Officer has also Commanded two Coast Guard bases of the forward area in Gujarat – Okha&Vadinar.
  • DG Rakesh Pal was elevated to the rank of Additional Director General in February 2022 and was posted at Coast Guard Headquarters, New Delhi. He was given the additional charge of Director General Coast Guard in February 2023.
  • DG Rakesh Pal was conferred with Tatrakshak Medal in 2013 and President Tatrakshak Medal in 2018 for his illustrious service.
Titbits

The Indian Coast Guard:

Founded: 1 February 1977
Headquarters: Indian Coast Guard Headquarters, New Delhi
Director General: DG Rakesh Pal


8. Who has recently taken charge as MD & CEO of SBI Capital Markets Limited (SBICAPS)?
A) Rajay Kumar Sinha
B) Rajesh Sharma
C) Rakesh Pal
D) Ravi Prakash
E) Ramesh Kumar
Answer: A) Rajay Kumar Sinha

  • Rajay Kumar Sinha has taken charge of MD & CEO of SBI Capital Markets Limited (SBICAPS) is the wholly owned investment banking arm of SBI.
  • Prior to this, he was in charge of Treasury operations at State Bank of India (SBI), managing investment portfolio, money market, equity, private equity & forex operations of the bank
  • SBICAPS is the wholly owned investment banking arm of SBI.
  • Sinha, who joined SBI in 1991 as a Probationary Officer, has replaced Amitava Chatterjee, who has moved to SBI, Corporate Centre, as Deputy Managing Director, in charge of Commercial Clients Group.
  • SBICAPS, the State Bank of India Capital Markets Limited, was founded in August 1986.
  • During January 1997, the Asian Development Bank acquired a 13.84% equity stake in SBICAPS.
  • However, in March 2010, State Bank of India repurchased this share, regaining full ownership of SBICAPS.
Titbits

SBI Capital Markets Limited:

Headquarters: Mumbai, Maharashtra
MD & CEO: Rajay Kumar Sinha


Awards – Daily Current Affairs July 19

9. Who were recently conferred with the prestigious Chevalier award by the French government?
A) A. R. Rahman and Zakir Hussain
B) ArunaSairam and Shashank Subramanyam
C) LataMangeshkar and Amjad Ali Khan
D) PanditJasraj and HariprasadChaurasia
E) K. S. Chithra and L. Subramaniam
Answer: B) ArunaSairam and Shashank Subramanyam

  • Carnatic vocalist ArunaSairam and flautist Shashank Subramanyam were conferred with the prestigious Chevalier award by the French government at a ceremony in Chennai.
  • The award was given in recognition of their contribution to the music field and development of Indo-France relations.
  • The award was intended to honour personalities for their creativity in cultural spheres and their works that formed the wealth of the cultural heritage.
  • Ms. Sairam and Mr. Subramanyam were conferred the title of Chevalier De L’orde Des Arts Et Des Lettres.
  • Ms. Sairam has received several honours, including the Padma Shri (2009) and SangitaKalanidhi from The Music Academy(2018)
  • Ms. Sairam elected Vice Chairperson of the SageetNadakAkademi.
  • Mr. Subramanyam too has been awarded with several titles, including the Tamil Nadu government’s Kalaimamani(2001) for his prowess in instrumental music, SageetNadakAkademi senior award(2017).

10. T. Pradeep, who has been selected for the International Eni Award, is a professor in which department at the Indian Institute of Technology Madras (IIT-M)?
A) Department of Electrical Engineering
B) Department of Computer Science
C) Department of Mechanical Engineering
D) Department of Chemistry
E) Department of Civil Engineering
Answer: D) Department of Chemistry

  • T. Pradeep, professor in the Department of Chemistry of the Indian Institute of Technology Madras (IIT-M) has been selected for 15thInternational Eni Award.
  • Instituted by the Italian energy company Eni, the award is in recognition of his work on sustainable and affordable nanoscale material for removing toxic contaminants from water.
  • The Eni Award is highly regarded globally, with previous recipients including renowned Nobel laureates and distinguished scientists.
  • Established in 2007, the award aims to foster radical breakthroughs in energy efficiency, renewables, decarbonisation, and environmental preservation.
  • The selection committee, which includes Nobel laureates, ensures that only exceptional individuals receive this prestigious recognition.
  • He won award including the prestigious Padma Shri(2020), Prince Sultan Bin Abdulaziz International Prize for Water(2022), and Nikkei Asia Prize(2020)Shanti Swarup Bhatnagar Prize(2008).

11. G Kishan Reddy, the Union Minister of Tourism, Culture, and Development of Northeast Region, was honored with the ‘Global Incredible Inc Leadership Award’ by which organization?
A) United Nations Educational, Scientific and Cultural Organization (UNESCO)
B) World Travel & Tourism Council (WTTC)
C) The International Council of Tourism Partners (ICTP)
D) The US India SME Council
E) World Tourism Organization (UNWTO)
Answer: D) The US India SME Council

  • Union Minister of Tourism, Culture and Development of Northeast Region G Kishan Reddy was conferred with ‘Global Incredible Inc Leadership Award’ from The US India SME Council – an organisation that promotes trade, commerce, and people-to-people exchange programmes between the United States and India.
  • The award was conferred by eminent citizens from Maryland State, U.S., in recognition of his endeavours towards promoting tourism and the rich culture of India.
  • Mr. Kishan Reddy is in the United States and had participated in the United Nations High Level Political Forum (UN HLPF) on economic, social and environmental sustainability on tourism held in New York, USA with theme Accelerating the recovery from the coronavirus disease (COVID-19) and the full implementation of the 2030 Agenda for Sustainable Development at all levels.

International Affairs – Daily Current Affairs July 19

12. Which trade bloc did the UK formally sign on to?
A) North American Free Trade Agreement (NAFTA)
B) Transatlantic Trade and Investment Partnership (TTIP)
C) Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
D) European Economic Area (EEA)
E) African Continental Free Trade Area (AfCFTA)
Answer: C) Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

  • The UK formally signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc
  • UK Business and Trade Secretary Kemi Badenoch, who is also leading the ongoing free trade agreement (FTA) negotiations with India, signed the pact agreed earlier this year during a visit to Auckland and hailed it as a major post-Brexit win for the country.
  • The CPTPP is a free trade agreement between 11 countries (12 including the UK). The agreement was signed by all 11 founding member countries on 8 March 2018 but has come into effect at different times in some countries. It came into force on 30 December 2018 for Australia, Canada, Japan, Mexico, New Zealand, and Singapore, later followed by Vietnam, Peru, Malaysia, Chile, and Brunei.
  • The UK will be the first non-founding member of the CPTPP, as well as the first European member.
Titbits

The United Kingdom(UK):

Capital: London
Prime minister: Rishi Sunak
Currency: Pound sterling


National Affairs – Daily Current Affairs July 19

13. Which organization released the TCRM Matrix Framework to promote and drive Innovation and Entrepreneurship in India?
A) Reserve Bank of India (RBI)
B) Ministry of Finance
C) NITI Aayog
D) Securities and Exchange Board of India (SEBI)
E) Ministry of Commerce and Industry
Answer: C) NITI Aayog

  • The NITI Aayog, released, under the NITI Working Paper series, the Techno-Commercial Readiness and Market Maturity Matrix (TCRM Matrix) framework, a pioneering assessment tool designed to revolutionize technology evaluation, foster innovation, and fuel entrepreneurship in India.
  • The Working Paper casts light on the historical evolution of technology assessment frameworks, including the Technology Readiness Level (TRL), Commercialization Readiness Level (CRL), and Market Readiness Level (MRL) scales. 
  • By building upon these frameworks’ core principles, the TCRM Matrix framework presents an integrated assessment model that offers in-depth insights and actionable intelligence to stakeholders at every stage of the technology development cycle.
  • The working paper provides clear guidelines for integrating the TCRM Matrix framework within the broader innovation ecosystem. By doing so, policymakers, strategists, academicians, and investors can unlock its full potential and drive meaningful change.
  • The adoption of the TCRM Matrix framework necessitates a comprehensive analysis and contextualization within the unique national and sectoral innovation landscapes.
  • The working paper is authored by Dr. V.K. Saraswat, Member, NITIAayog along with Dr.Neeraj Sinha, Senior Adviser, Sh. Naman Agrawal, Specialist, Ms. NabaSuroor, Associate and Sh. Siddhey G Shinde, Young Professional, NITI Aayog.
  • The Government of India, through NITI Aayog, remains steadfast in its commitment to fostering innovation and entrepreneurship.
  • The release of this working paper is a testament to the government’s continuous efforts to drive technological advancements and economic growth.
  • The TCRM Matrix framework is set to play a pivotal role in catalyzing India’s innovation ecosystem and creating a conducive environment for transformative ideas.
Titbits

NITI Aayog:

Abbreviation: National Institution for Transforming India Aayog
Founded : 2015
Headquarters: New Delhi, Delhi
CEO : B. V. R. Subrahmanyam
Vice Chairman: Sh. Suman K Bery


14. Who launched AI for India 2.0, a free AI skill training course in Indian languages, on the occasion of World Youth Skills’ Day?
A) Shri Ravi Shankar Prasad
B) Shri Nitin Gadkari
C) Shri Dharmendra Pradhan
D) Shri Piyush Goyal
E) Shri Amit Shah
Answer: C) Shri Dharmendra Pradhan

  • Union Minister of Education and Skill Development and Entrepreneurship Shri Dharmendra Pradhan launched AI for India 2.0, a free online training programme on Artificial Intelligence on World Youth Skills’ Day.
  • A joint initiative of Skill India and GUVI, this NCVET and IIT Madras accredited online programme will equip youth with frontier skills.
  • GUVI, an IIT Madras incubated startup is a tech platform that enables tech learning in vernacular languages.
  • This program has been curated in 9 Indian languages.

15. The first barge of the series LSAM 7 (Yard 75) has been delivered to which organization?
A) Indian Coast Guard
B) Indian Air Force
C) Indian Army
D) Indian Navy
E) Indian Space Research Organisation (ISRO)
Answer: D) Indian Navy

  • First Barge of the series LSAM 7 (Yard 75) has been delivered to Indian Navy.
  • This special Barge was handed over to the Navy in presence of Cmde Iftekhar Alam, Commanding Officer, INSTunir.
  • The Barge has been built under the classification rules of Indian Register of Shipping (IRS) with a service life of 30 years.
  • Induction of MCA Barges will provide impetus to operational commitments of Navy by facilitating Transportation, Embarkation and Disembarkation of ammunition to Indian Navy Ships both alongside jetties and at outer harbours.
  • The 3rd Meeting of the Working Group on Military Cooperation of the Indian-Russian Intergovernmental Commission on Military and Military Technical Cooperation (IRIGC-M&MTC) held in Delhi on 18 July.
Titbits

The Indian Navy:

Founded: 26 January 1950
Headquarters: New Delhi, Delhi
Chief of the Naval Staff (CNS): Admiral R. Hari Kumar
Vice Chief of the Naval Staff (VCNS): Vice Admiral Sanjay Jasjit Singh


16. Which Chief Minister launched the AapdaRahat Kosh-2023 website?
A) Arvind Kejriwal
B) Yogi Adityanath
C) Mamata Banerjee
D) Sukhvinder Singh Sukhu
E) Shivraj Singh Chouhan
Answer: D) Sukhvinder Singh Sukhu

  • Chief minister Sukhvinder Singh Sukhu launched the AapdaRahat Kosh-2023 website, initiating a digital platform aimed at aiding the disaster-affected people of Himachal Pradesh.
  • Individuals can donate money in AapdaRahat Kosh-2023 from anywhere using various payment methods such as debit card, credit card, net banking, QR code and UPI.
  • To facilitate this support, the department of digital technology and governance developed a transparent web link where anyone can donate online and receive a receipt on their mobile device.
  • The system has been integrated with multiple payment gateways to ensure seamless transactions.
Titbits

Himachal Pradesh:

Capital : Shimla
CM :Sukhvinder Singh Sukhu
Governor : Shiv Pratap Shukla


17. The Ministry of Culture and the Indian Navy signed an MoU to revive which ancient shipbuilding method?
A) Plank-On-Frame method
B) Lapstrake method
C) Dugout canoe method
D) Tankai method
E) Cold-Molding method
Answer: D) Tankai method

  • In a remarkable initiative to revive and preserve the 2000-year-old technique of shipbuilding known as the ‘stitched shipbuilding method’, the Ministry of Culture and the Indian Navy have entered into a Memorandum of Understanding (MoU).
  • The MoU signing ceremony held was graced by the presence of distinguished individuals including Shri Govind Mohan, Secretary, Ministry of Culture; Smt. Uma Nanduri, Joint Secretary, Ministry of Culture; Smt. Priyanka Chandra, Director (AKAM), Ministry of Culture; Rear Admiral Shri K.S. Srinivas; and Commodore Shri SujeetBakshi, Commander Shri Sandeep Roy from the Indian Navy.
  • The Indian Navy will oversee the implementation and execution of the entire project.
  • The stitched ship holds significant cultural value in India, given its historical importance and the preservation of traditional craftsmanship.
  • It aims to revive the maritime memory and instill a sense of pride in India’s rich maritime heritage among its citizens.
  • Additionally, it aims to promote cultural memories among the Indian Ocean littoral countries. Thorough documentation and cataloging of the project will ensure that valuable information is preserved for future reference.
  • This project not only represents a unique boat-building endeavor but also serves as a testament to India’s diverse cultural heritage and ancient seafaring traditions.
Titbits

Culture, Tourism and Development of North Eastern Region:

Minister:G. Kishan Reddy
Constituency: Secunderabad, Telangana


18. Which state in India celebrates the Chachin Grazing Festival?
A) Himachal Pradesh
B) Sikkim
C) Arunachal Pradesh
D) Uttarakhand
E) Nagaland
Answer: C) Arunachal Pradesh

  • Chachin grazing festival was celebrated with great fervour by the local graziers of Tawang region near Bumla Pass, Arunachal Pradesh .
  • The two-day event held at Chachin saw enthusiastic participation from Graziers from all over the Tawang region.
  • Chachin and other traditional grazing areas, near Bumla Pass have historically served as the backbone of the local Monpa lifestyle that is largely dependent on nomadic herding – a primitive form of subsistence farming – as means of livelihood.
  • The festival featured a medical camp for aiding the local graziers who often live in remote locations without the medical facilities prevalent in urban areas.
  • A veterinary camp was also organized to provide similar medical support to the animals –yaks of the local graziers – along with a lecture on animal health that would facilitate the graziers in ensuring better care for their livestock.
Titbits

Arunachal Pradesh:

Capital :Itanagar
CM : Pema Khandu
Governor :KaiwalyaTrivikramParnaik


19. India’s top oil firm IOC (Indian Oil Corporation) has signed long-term LNG deals with which companies?
A) ExxonMobil and Chevron
B) PetroChina and Gazprom
C) Abu Dhabi Gas Liquefaction Co Ltd and TotalEnergies
D) Royal Dutch Shell and BP
E) Qatar Petroleum and ENI
Answer: C) Abu Dhabi Gas Liquefaction Co Ltd and TotalEnergies

  • India’s top oil firm IOC has signed deals to import liquefied natural gas (LNG) from UAE’s Abu Dhabi Gas Liquefaction Co Ltd and TotalEnergies of France on a long-term basis.
  • Indian Oil Corporation (IOC) signed the deals during Prime Minister Narendra Modi’s visit to France and the UAE.
  • Head of Agreement (HoA) (was signed) between Indian Oil Corporation Limited and TotalEnergies Gas and Power Ltd (TotalEnergies) to establish a long-term LNG sale and purchase agreement (SPA).
  • IOC signed a deal to import 1.2 million tonnes per annum of LNG from Adnoc-LNG for 14 years starting in 2026.
  • The deal with TotalEnergies is for the import of 0.8 million tonnes a year of LNG for 10 years starting in 2026.
  • This is the first long-term deal TotalEnergies has signed with an Indian company. Also, this is the first time an Indian company has signed a long-term LNG import deal with Adnoc.
  • TotalEnergies is the third largest LNG supplier in the world and would be supplying LNG to IOC from their diversified portfolio across the world.
  • ADNOC LNG is the national oil and gas company of the Abu Dhabi government and is the oldest supplier of natural gas from the Middle East.
  • India and UAE have a CEPA (Comprehensive Economic Partnership Agreement) with UAE Govt which provides for zero customs duty to be applied on LNG imports from UAE against an applicable customs duty of 2.5 per cent plus surcharge
  • LNG is natural gas that has been cooled to minus 162 degressCelcius, changing it from a gas into a liquid that is 1/600th of its original volume. This allows it to be shipped in specially designed LNG vessels.
  • India has seven LNG import facilities on the east and west coasts. IOC operates a 5 million tonne a year import terminal at Ennore in Tamil Nadu.
Titbits

Indian Oil Corporation Limited:

Headquarters: New Delhi, Delhi
Chairperson: ShrikantMadhav Vaidya

TotalEnergies SE:

Headquarters: Courbevoie, France
Chairman & CEO: Patrick Pouyanné



Over All Review

Sports 

  • LI Shi Feng won the Men’s Singles title in the Yonex US Open.
  • South Zone won Duleep Trophy Or MastercardDuleep Trophy 2023.

Ranking 

  • India has climbed seven places on Henley Passport Index 2023 to 80th rank from 87 last year.

Banking and Finance 

  • PhonePe Insurance Broking Services announced the launch of health insurance plans offering comprehensive insurance in partnership with leading insurers.

Books and Authors

  • T.N. Seshan is the author of the book “THROUGH THE BROKEN GLASS: AN AUTOBIOGRAPHY”.

Appointments

  • Ms. Nivruti Rai joined as the Managing Director & CEO of Invest India.
  • DG Rakesh Pal has been appointed as the 25th Director General of the Indian Coast Guard (ICG).
  • Rajay Kumar Sinha has taken charge of MD & CEO of SBI Capital Markets Limited (SBICAPS) is the wholly owned investment banking arm of SBI.

Awards 

  • Carnatic vocalist ArunaSairam and flautist Shashank Subramanyam were conferred with the prestigious Chevalier award by the French government at a ceremony in Chennai.
  • T. Pradeep, professor in the Department of Chemistry of the Indian Institute of Technology Madras (IIT-M) has been selected for 15thInternational Eni Award.
  • Union Minister of Tourism, Culture and Development of Northeast Region G Kishan Reddy was conferred with ‘Global Incredible Inc Leadership Award’ from The US India SME Council.

International Affairs

  • The UK formally signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc.

National Affairs

  • The NITI Aayog, released, under the NITI Working Paper series, the Techno-Commercial Readiness and Market Maturity Matrix (TCRM Matrix) framework.
  • Union Minister of Education and Skill Development and Entrepreneurship Shri Dharmendra Pradhan launched AI for India 2.0, a free online training programme on Artificial Intelligence on World Youth Skills’ Day.
  • First Barge of the series LSAM 7 (Yard 75) has been delivered to Indian Navy.
  • Chief minister Sukhvinder Singh Sukhu launched the AapdaRahat Kosh-2023 website, initiating a digital platform aimed at aiding the disaster-affected people of Himachal Pradesh.
  • In a remarkable initiative to revive and preserve the 2000-year-old technique of shipbuilding known as the ‘stitched shipbuilding method’, the Ministry of Culture and the Indian Navy have entered into a Memorandum of Understanding (MoU).
  • Chachin grazing festival was celebrated with great fervour by the local graziers of Tawang region near Bumla Pass, Arunachal Pradesh.
  • India’s top oil firm IOC has signed deals to import liquefied natural gas (LNG) from UAE’s Abu Dhabi Gas Liquefaction Co Ltd and TotalEnergies of France on a long-term basis.

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