Home Current Affairs Daily Current Affairs June 30: Check Here

Daily Current Affairs June 30: Check Here

Daily Current Affairs June 30

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 June 30. 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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June 30| Daily Current Affairs 2023

Important Days – Daily Current Affairs June 30

1. When is World Asteroid Day, an annual global event dedicated to raising awareness about asteroids?
A) June 15
B) June 20
C) June 25
D) June 30
E) July 5
Answer: D) June 30

  • World Asteroid Day is an annual global event which is held on June 30, the anniversary of the Tunguska event in 1908 when a meteor air burst decimated about 2,000 square km (500,000 acres) of pine forest in central Siberia, Russia.
  • The Tunguska asteroid event was the Earth’s largest asteroid impact in recorded history.
    World Asteroid Day aims to raise public awareness about the asteroid impact hazard and to inform the public about the crisis communication actions to be taken at the global level in case of a credible near-Earth object (NOEs) catastrophic threat to our planet.

World Asteroid Day: History

  • The Asteroid Day was cofounded in 2014 (the year after the 2013 Chelyabinsk meteor air burst) by renowned cosmologist Stephen Hawking, Apollo 9 astronaut Rusty Schweickart, astrophysicist Brian May and some others.
  • On 15 February 2013, an extraordinarily large fireball, travelling at a speed of 18.6 kms per second, entered the atmosphere and disintegrated in the skies over Chelyabinsk, Russia.
  • According to NASA, the diameter of the asteroid was estimated at 18 meters and it’s mass at 11,000 tons.
  • The total impact energy of the Chelyabinsk Fireball was 440 kilotons.
  • In December 2016 the United Nations General Assembly adopted resolution declaring 30 June as Word Asteroid Day.

International Day of Parliamentarism 2023

  • June 30, marks the annual celebration of the International Day of Parliamentarism, commemorating the founding of the Inter-Parliamentary Union (IPU) in 1889.
  • This special day, established by a United Nations General Assembly Resolution in 2018, serves as an opportunity to reflect on the progress made by parliaments worldwide in achieving predetermined goals.

History:

  • The inaugural UN International Day of Parliamentarism was celebrated in 1899 upon the establishment of the Inter-Parliamentary Union.
  • Subsequently, the day was officially designated in 2018 through a United Nations General Assembly Resolution.
  • The theme for this year’s celebration is ‘Parliaments for the Planet.’

Ranking – Daily Current Affairs June 30

2. In the financial year 2022-23, which state emerged as India’s top electronics exporter, with its exports tripling to $5.37 billion?
A) Maharashtra
B) Gujarat
C) Tamil Nadu
D) Karnataka
E) Telangana
Answer: C) Tamil Nadu

Rank State/UT Amount (USD Billion)
1 Tamil Nadu 5.37
2 Uttar Pradesh 4.9
3 Karnataka 4.52
4 Maharashtra 2.68
  • Tamil Nadu’s electronics exports nearly tripled in one year to $5.37 billion in FY23 from $1.86 billion in the previous year. From the fourth spot in FY22, Tamil Nadu moved to the top spot in FY23.
  • Tamil Nadu overtake three states – Uttar Pradesh, Karnataka and Maharashtra – to become India’s top exporter of electronic goods in FY23.
  • Tamil Nadu retained the top spot in the first two months of the current fiscal year.
    In FY22, Karnataka was the top exporter of electronic goods with $3.87 billion; Uttar Pradesh was second with $3.77 billion; Maharashtra was third with $2.08 billion.

Banking and Finance – Daily Current Affairs June 30

3. Paytm has partnered with which retail non-banking finance company to offer financial services to its users, including loan products?
A) Bajaj Finance Limited
B) Shriram Transport Finance Company Ltd
C) Mahindra & Mahindra Financial Services Limited
D) Shriram Finance Ltd
E) LIC Housing Finance Ltd
Answer: D) Shriram Finance Ltd

  • One97 Communications Limited (OCL), the owner of payment and financial services company Paytm, announced a partnership with Shriram Finance Limited, India’s largest retail Non-Banking Finance Company (NBFC).
  • As part of this partnership agreement, Shriram Finance’s loan products will now be digitally available on Paytm’s platform, which will help to extend access to credit and drive financial inclusion
  • The two companies intend to enhance digital financial services, particularly credit distribution, through their collaboration.
  • This partnership combines Paytm’s wide reach and technology infrastructure with Shriram Finance’s lending expertise as the largest retail NBFC in India.
  • It will integrate Shriram Finance’s wide geographical presence across the country, especially in rural areas, with Paytm’sfintech leadership as a loan service provider (LSP) focused on compliance and quality of loans.
  • Shriram Finance Limited, a part of the Shriram Group, provides financing for a variety of products such as passenger commercial cars, loans to micro, small, and medium-sized companies (MSMEs), tractors and farm equipment, gold, personal loans, and working capital loans, among others.
Titbits

Paytm Payments Bank:

Headquarters :Noida,Uttar Pradesh
MD &CEO :Surinder Chawla
Tagline: Simplifying Payments for India
Part-time Chairman: Vijay Shekhar Sharma


4. Tata AIA Life Insurance has partnered with which companies to introduce the industry’s first premium payment feature?
A) WhatsApp and Amazon Pay
B) Paytm and Google Pay
C) WhatsApp and PayU
D) PhonePe and Paytm
E) Google Pay and PayU
Answer: C) WhatsApp and PayU

  • Tata Group-backed life insurance arm, Tata AIA introduced digital payments via WhatsApp and Unified Payment Interfaces.
  • This newly added payment option is first-of-its-kind in the insurance industry and offers an instant premium payment facility through WhatsApp and UPI-enabled payment options.
  • For easy use for both tech and non-tech-savvy consumers, it also offers a hassle-free premium payment experience.
  • Through the new feature, policyholders can pay premiums digitally and receive a quick premium payment confirmation & acknowledgment.
  • Notably, WhatsApp and UPI have become household messaging and payment facilities, respectively, in India.
  • The country has close to 500 million WhatsApp users and more than 300 million UPI users.
  • Tata AIA has adopted an Analytics-driven, Decile based approach to improve its renewal premium collections.
  • The company has enabled renewal premium collections via multiple Digital modes and enhanced its language capability to 5 Languages –English, Hindi, Tamil, Gujarati, and Bengali.
Titbits

Tata AIA Life Insurance:

Headquarters : Mumbai, Maharashtra
CEO : Naveen Tahilyani


5. The interest rates of small savings schemes have been raised by up to how many basis points (bps) for the period of July-September 2023?
A) 10 bps
B) 20 bps
C) 30 bps
D) 40 bps
E) 50 bps
Answer: C) 30 bps

  • The Centre raised the interest rate on small savings schemes for July-September quarter by 10-30 basis points and now range from 4 per cent to 8.2 per cent.
  • The change in interest rates was announced by the ministry of finance
  • Interest rates on schemes such as Senior Citizen Savings Scheme, National Savings Certificate, KisanVikas Patra, and SukanyaSamriddhi Account Scheme have been kept unchanged
  • The new rates will be applicable from July 1.
Savings Scheme Interest rate Oct-Dec Interest rate Jan-March Interest rate Apr-June Interest rate July-September 2023
Post Office Savings Account 4.00% 4% 4% 4%
Post Office Recurring Deposit 5.80% 5.8% 6.2% 6.5%
Post Office Monthly Income Scheme 6.70% 7.1% 7.4% 7.4%
Post Office Time Deposit (1 year) 5.50% 6.6% 6.8% 6.9%
Post Office Time Deposit (2 years) 5.70% 6.8% 6.9% 7.0%
Post Office Time Deposit (3 years) 5.80% 6.9% 7.0% 7.0%
Post Office Time Deposit (5 years) 6.70% 7.0% 7.5% 7.5%
KisanVikas Patra (KVP) 7% (123 months) 7.2% (123 months) 7.5% (115 months) 7.5%
Public Provident Fund (PPF) 7.10% 7.1% 7.1% 7.1%
SukanyaSamriddhiYojana 7.60% 7.6% 8.0% 8.0%
National Savings Certificate 6.80% 7.0% 7.7% 7.7%
Senior Citizens’ Saving Scheme (SCSS) 7.60% 8.00% 8.2% 8.2%

6. How much financing has the World Bank approved to accelerate India’s low-carbon energy infrastructure?
A) USD 500 million
B) USD 1 billion
C) USD 1.5 billion
D) USD 2 billion
E) USD 2.5 billion
Answer: C) USD 1.5 billion

  • The World Bank has approved USD 1.5 billion in financing to accelerate India’s low-carbon energy infrastructure.
  • The financing will help India promote low-carbon energy by scaling up renewable energy and developing green hydrogen, among others.
  • World Bank reiterated that it will support India in developing green hydrogen. The low-carbon hydrogen energy is produced by electrolysis of water powered by renewable energy.
  • India in early January approved the National Green Hydrogen Mission, aiming to make the country a global hub for the production, utilization, and export of such technologies.
  • The initial financial outlay for the mission is pegged at Rs 19,744 crore, which includes research and development activities. The green hydrogen mission will gradually lead to the decarbonization of the industrial, transport, and energy sectors.
  • Under this mission, the government aims to raise annual green hydrogen production to 5 million tonnes, and renewable energy capacity addition of about 125 gigawatts.
  • Notably, at the COP26 summit in Glasgow in 2021, India committed to an ambitious five-part “Panchamrit” pledge, including reaching 500 GW of non-fossil electricity capacity, to generate half of all energy requirements from renewables, to reduce emissions by 1 billion tons by 2030.
  • India also aims to reduce the emissions intensity of GDP by 45 per cent.
  • Finally, India commits to net-zero emissions by 2070.
Titbits

World Bank:

Founded: 1944
Members: 189 countries (IBRD), 173 countries (IDA)
Headquarters: Washington D.C, US
President: Ajay Banga


7. What is the name of the system recently launched by the Reserve Bank of India (RBI) for centralised information management?
A) RBI Data Centralization System (RDCS)
B) Central Information Repository (CIR)
C) Reserve Bank Integrated Information System (RBIIS)
D) Centralised Information Management System (CIMS)
E) RBI Information Consolidation Platform (RICP)
Answer: D) Centralised Information Management System (CIMS)

  • The Reserve Bank of India has launched the centralised information management system (CIMS)
  • CIMS is starting with reporting by scheduled commercial banks and will be gradually extended to urban cooperative banks (UCBs) and non-banking financial companies (NBFCs).
  • The 17th Statistics Day Conference organised by the Department of Statistics and Information Management, RBI.
  • The new system will disseminate more data for public use and will also support on-line statistical analysis by external users at their end.
  • The CIMS will comprise of DW and Data Lake (DL) which would include, seamless data collection from regulated entities by creating system-to-system interface; system driven data validation and data review; flexible and scalable data repository and providing data dissemination platform. The CIMS would also include centralised analytics platform to facilitate creation of RBI Data Sciences Lab.
  • CIMS will serve as a platform to carry out data mining, text mining, visual analytics and advanced statistical analysis connecting data from multiple domains, such as, financial, external, fiscal, corporate and real sectors as well as prices.
Titbits

RBI:

Abbreviation: Reserve Bank of India
Act: Reserve Bank of India Act, 1934
Headquarters– Mumbai, Maharashtra
Governor– Shaktikanta Das
Deputy Governors– 4 (T Rabi Sankar, SwaminathanJanakiraman, Michael Debabrata Patra, M. Rajeshwar Rao)


Business and Economy – Daily Current Affairs June 30

8. Which organization has signed an MoU with MIDAS and MAG to promote innovation, investment, and technological exchange between Greater Manchester, the UK, and India?
A) Tata Consultancy Services (TCS)
B) Infosys
C) Wipro
D) Nasscom
E) HCL Technologies
Answer: D) Nasscom

  • Nasscom has signed a memorandum of understanding (MoU) with MIDAS (Manchester’s Inward Investment Agency) and MAG (Manchester Airports Groups) to promote innovation, investment, and technological exchange between Greater Manchester, the UK, and India.
  • This MoU will lead to the establishment of the first Nasscomlaunchpad in the UK, following Canada.
  • The arrangement will provide small Indian tech companies, interested in setting up their presence in Greater Manchester, to have access to 180 days of rent-free office space within offices based at Manchester Airport, where a number of tech-focused companies are already based.
  • The companies will also be assisted with eco-system connects, introductions across stakeholders, and other hand-holding mechanisms to aid in “Faster Go-To-Market”. Nasscom will actively promote the proposition among its membership base.
  • The MoU is an outcome of Nasscom’s visit to the UK in September 2022, supported by the Department of Business and Trade, Govt of UK, when several companies showed interest in setting up their businesses in Manchester.
  • About seven Indian companies will be setting up their operations in the first phase of this pilot project.
Titbits

National Association of Software and Service Companies(NASSCOM):

Founded: 1 March 1988
Chairperson: AnantMaheshwari
Headquarters: Noida, Uttar Pradesh

MIDAS – Manchester’s Inward Investment Agency:

Headquarters: Manchester, UK
MD: Joe Manning

MAG (Manchester Airports Groups):

Headquarters: Manchester, United Kingdom
Chairman: Sir Adrian Montague


Appointments – Daily Current Affairs June 30

9. Who has been granted an extension as the Ambassador and Permanent Representative of India to the World Trade Organization (WTO) till March 31, 2024?
A) BrajendraNavnit
B) S. Jaishankar
C) Narendra Modi
D) Amit Shah
E) Nirmala Sitharaman
Answer: A) BrajendraNavnit

  • The government extended the tenure of BrajendraNavnit as Ambassador and Permanent Representative of India to the World Trade Organization (WTO) by nine months till March 31, 2024.
  • Navnit had assumed office as ambassador in June 2020 and his tenure was till June 28, 2023.
  • The extension is for a period “beyond June 28, 2023 and upto March 31, 2024 or until further orders, whichever is earlier”.
Titbits

World Trade Organization(WTO):

Founded: 1 January 1995
Headquarters: Geneva, Switzerland
Director-General: NgoziOkonjo-Iweala


Awards – Daily Current Affairs June 30

10. Who was honored with the Global Indian Icon of the Year award at the annual U.K.-India Awards?
A) P.V. Sindhu
B) SainaNehwal
C) Mary Kom
D) DipaKarmakar
E) Sakshi Malik
Answer: C) Mary Kom

  • Boxing champion Mary Kom received the esteemed Global Indian Icon of the Year award at the prestigious UK-India Awards held in Windsor, located in south-eastern England.
  • In a memorable gala ceremony, the 40-year-old legendary athlete, who also served as a member of the Rajya Sabha, shared her remarkable 20-year journey filled with dedication and unwavering commitment to the sport of boxing.
  • The awards, now in their fifth year, recognise outstanding contributions of leaders in business, professional services, government, culture and social impact, highlighting their remarkable achievements in strengthening bilateral ties.
  • Spanning across several categories, the UK-India Award for Business Promotion Organisation of the Year was conferred upon the Federation of Indian Chambers of Commerce & Industry (FICCI) UK.
  • Among the other awards were Market Entrant of the Year for startup investment platform CrowdInvest, Consultancy of the Year for SannamS4, Legal Practice of the Year for Cyril AmarchandMangaldas and Financial Services Organisation of the Year for ICICI Bank UK Plc. While Mphasis bagged the Technology Company of the Year, Action Aid UK was named as the Social Impact Project of the Year.
  • Filmmaker ShekharKapur, behind Oscar-nominated ‘Elizabeth: The Golden Age’ received a Lifetime Achievement Award for his contribution to the field of cinema across both nations at the awards, organised by IGF (India Global Forum) as part of U.K.-India Week.
  • The Nehru Centre in London, the cultural wing of the Indian High Commission, won the U.K.-India Award for Significant Contribution to U.K.-India relations.

International Affairs – Daily Current Affairs June 30

11. India Post has entered into an agreement with which postal service to introduce International Tracked Packet Service (ITPS) between the two countries to facilitate e-commerce exports?
A) Royal Mail
B) United States Postal Service
C) Deutsche Post
D) Japan Post
E) Canada Post
Answer: E) Canada Post

  • India Post recently entered into an agreement with Canada Post to introduce International Tracked Packet Service (ITPS) between the two countries to facilitate e-commerce exports.
  • The service will be operational with effect from July 01, 2023 as notified by the Department of Posts in the Gazette of India dated June 28, 2023.
  • The ITPS is a competitive service for transmission and delivery of packets and has been designed to meet the cross-border shipping requirements of e-commerce exporter including MSMEs, small businesses, merchants, etc to promote exports of their products using local post offices.
  • India Post already provides this service with 38 partner countries and Canada will be the 39th. The service was extended from 16 countries to 38 countries by adding 22 new partners including Britain, France, UAE, Egypt, Oman, etc. from June 01, 2023.
  • The ITPS rates are kept very economical in comparison to International EMS (Speed Post) and other market products. The postage for first 50 gms would be Rs 400 and Rs 35 for every additional 50 gms.
  • This will provide an affordable shipping solution upto 2 kg to exporters along with the pick-up and volume-based discount to contractual customers.
Titbits

Canada:

Capital : Ottawa
Currency : Canadian Dollar
Prime Minister: Justin Trudeau


National Affairs – Daily Current Affairs June 30

12. Who released the Report on Panchayat Development Index at the National Workshop on Panchayat Development Index?
A) Shri Narendra Modi
B) Shri Kapil MoreshwarPatil
C) Shri Rajnath Singh
D) Shri Amit Shah
E) Shri Nitin Gadkari
Answer: B) Shri Kapil MoreshwarPatil

  • Report on Panchayat Development Index was released at the hands of Union Minister of State for Panchayati Raj Shri Kapil MoreshwarPatil at National Workshop on Panchayat Development Index (PDI).
  • More than 250 participants including Senior Officers of different Ministries and Departments of Government of India, Principal Secretaries along with the Senior Officers of the Departments of Panchayati Raj, Rural Development, Planning & Statistics and Programme Monitoring, Directors of SIRD&PRs, Senior Technical Officers of State NIC and Officials of SDG Cell and other key stake-holders participated in the National Workshop on Panchayat Development Index.
  • The main focus of the National Workshop was to develop strategic plan and roadmap on integration of Ministry’s portal /dashboard to build data ecosystem, assess the schematic progress in alignment with LSDGs at Panchayat and institutional mechanisms for implementation of the Panchayat Development Index with active support of different Ministries / Departments, Panchayats and Knowledge Partners.
  • Panchayat Development Index (PDI) Report has come with 144 local targets, 577 local indicators and 688 data points on 9 themes of LSDGs.
  • NITI Aayog is the Nodal institution for the implementation of Sustainable Development Goals (SDGs).
  • PDI will act as a baseline for Panchayat for setting local targets & local action points with measurable indicators in preparation of thematic Gram Panchayat Development Plan.
  • Panchayat Development Index (PDI) also help to reflect current status of the Panchayats to take concerted actions to achieve development goals through building institutional mechanisms.

13. Which sea link in Maharashtra was renamed as Veer SavarkarSetu by the state government?
A) Bandra-Worli Sea Link
B) Mumbai Trans Harbour Link
C) Worli Sea Face to Haji Ali Sea Link
D) Versova-Bandra Sea Link
E) Bandra-Kurla Complex to Eastern Express Highway Link
Answer: D) Versova-Bandra Sea Link

  • The Maharashtra government renamed Versova–Bandra Sea Link as Veer SavarkarSetu and Mumbai Trans Harbour Link as Atal Bihari Vajpayee SmrutiNhavaSheva Atal Setu
  • Born in 1883, VinayakDamodarSavarkar was a leading figure in the Hindu Mahasabha, while Atal Bihar Vajpayee was the former prime minister and one of the biggest leaders of the Bharatiya Janata Party (BJP).
  • In 1910, Savarkar was arrested and sentenced to 50 years of imprisonment in the Cellular Jail in Andaman and Nicobar Islands (Kala Pani) in 1911.
  • He was released after spending 13 years in prison and after his release became a leading figure in Hindu Mahasabha, a Hindu nationalist political party.
  • He promoted the ideology of Hindutva.
  • He wrote the book ‘Essentials Of Hindutva’ in 1921.
Titbits

Maharashtra:

Capital : Mumbai
CM :EknathShinde
Governor : Ramesh Bais


14. In which city was India’s first ‘Police Drone Unit’ launched?
A) Mumbai
B) Chennai
C) Delhi
D) Kolkata
E) Bengaluru
Answer: B) Chennai

  • The Greater Chennai City Police (GCP) launched ‘Police Drone Unit’ for aerial surveillance over vast areas and quick detection of criminal activities.
  • Director General of Police (DGP) and Head of Police Force C. SylendraBabu inaugurated the newly-created special unit at Besant Avenue, Adyar.
  • The unit has been established at a two-storey building and functions with over 20 trained police personnel.
  • At present, the drones are operated around Marina and Elliots beaches.
  • In this Drone Police Unit, a total of nine drones under three categories namely — Quick response surveillance drones; heavy lift multirotor Drone and long range survey wing plane — are available and are equipped with built-in artificial intelligence (AI) capabilities and can be operated up to a distance of 5-10 kilometres from the ground station.
Titbits

Tamil Nadu:

Capital : Chennai
CM :MuthuvelKarunanidhi Stalin
Governor : RN Ravi


15. Which festival concluded in Ladakh recently, known as the Annual Hemis Monastery Festival?
A) KumbhMela
B) Hemis Festival
C) Diwali
D) Holi
E) Navratri
Answer: B) Hemis Festival

  • One of the largest of Ladakh’sgompas, Hemis, was founded in the 1630s under the patronage of King SengyeNamgyal.
  • The annual Hemis Festival, which takes place in June or July, has made the gompa particularly well-known.
  • The two-day event honouring Guru Padmasambhava features monks wearing masks and dancing at a hypnotic, slow pace to the rhythm of cymbals and long horns.
  • The Hemis Festival (also known as the HemisTsechu) is a prominent summer celebration that commemorates Guru Padmasambhava’s life and works.
  • Through his miraculous exploits, this fabled Indian Buddhist Tantric master, originally from the Swat Valley, is credited with popularising Buddhism over the length and breadth of the Himalayas in the 8th century CE.
  • Padmasambhava is revered as a second Buddha by the dominant Drukpa order of Ladakh, which is a sub-sect of the ancient Kagyupa order of Tibet, and his birthday is celebrated every year with the masked dance (or Chaam) at the Hemis Monastery.
  • Every 12 years, on the Tibetan Calendar’s Monkey Year, an enormous embroidered silk thangka representing Padmasambhava is ceremoniously unfurled.
Titbits

Ladakh:

Capital :Leh, Kargil
Lt Governor : BD Mishra


16. The Ministry of Defence (MoD) recently signed a contract worth Rs. 2725 crore with which shipbuilding company for the Medium Refit with Life Certification of Submarine INS Shankush?
A) Cochin Shipyard Limited
B) Garden Reach Shipbuilders and Engineers Ltd
C) Bharat Heavy Electricals Limited
D) Hindustan Shipyard Limited
E) Mazagon Dock Shipbuilders Ltd
Answer: E) Mazagon Dock Shipbuilders Ltd

  • Ministry of Defence has signed a contract for Medium Refit with Life Certification (MRLC) of Sub-Surface Killer (SSK) Class of Submarine “INS Shankush” with M/S Mazagon Dock Shipbuilders Limited (MDL), Mumbai at an overall cost of Rs. 2725 Cr.
  • Shankush is a SSK Class of Submarine to be re-fitted at MDL, Mumbai. Delivery of Submarine post MRLC will be in 2026. After completion of MRLC, INS Shankush will be combat ready and will join the active fleet of the Indian Navy with upgraded combat capability.
  • This project is an important step towards development of MDL as Maintenance, Repair & Overhaul (MRO) Hub for supporting the industrial ecosystem of India. The project would involve more than 30 MSMEs and would lead to employment generation of 1200 Mandays per day for the project duration.
  • The project will be a proud flag bearer of Atmanirbhar Bharat in consonance with the Make-in-India initiative of Government of India
Titbits

Mazagon Dock Shipbuilders Limited:

Headquarters : Mazagaon, Mumbai, Maharashtra
Chairman & Managing Director: Shri Sanjeev Singhal



Over All Review

Important Days

  • World Asteroid Day is an annual global event which is held on June 30;June 30, marks the annual celebration of the International Day of Parliamentarism.

Ranking 

  • Tamil Nadu’s electronics exports nearly tripled in one year to $5.37 billion in FY23 from $1.86 billion in the previous year.

Banking and Finance 

  • Paytm partners with Shriram Finance to strengthen loan distribution among small businesses.
  • Tata AIA partners with WhatsApp, PayU to introduce industry’s first premium payment feature.
  • The Centre raised the interest rate on small savings schemes for July-September quarter by 10-30 basis points and now range from 4 per cent to 8.2 per cent.
  • The World Bank has approved USD 1.5 billion in financing to accelerate India’s low-carbon energy infrastructure.
  • The Reserve Bank of India has launched the centralised information management system (CIMS).

Business And Economy

  • Nasscom has signed a memorandum of understanding (MoU) with MIDAS (Manchester’s Inward Investment Agency) and MAG (Manchester Airports Groups) to promote innovation, investment, and technological exchange between Greater Manchester, the UK, and India.

Appointments

  • The government extended the tenure of BrajendraNavnit as Ambassador and Permanent Representative of India to the World Trade Organization (WTO) by nine months till March 31, 2024.

Awards 

  • Boxing champion Mary Kom received the esteemed Global Indian Icon of the Year award at the prestigious UK-India Awards held in Windsor, located in south-eastern England.

International Affairs

  • India Post recently entered into an agreement with Canada Post to introduce International Tracked Packet Service (ITPS) between the two countries to facilitate e-commerce exports.

National Affairs

  • Report on Panchayat Development Index was released at the hands of Union Minister of State for Panchayati Raj Shri Kapil MoreshwarPatil at National Workshop on Panchayat Development Index (PDI).
  • The Maharashtra government renamed Versova–Bandra Sea Link as Veer Savarkar Setu and Mumbai Trans Harbour Link as Atal Bihari Vajpayee SmrutiNhavaSheva Atal Setu.
  • India’s first ‘Police Drone Unit’ launched in Chennai.
  • Hemis Festival concluded in Ladakh recently, known as the Annual Hemis Monastery Festival.
  • Ministry of Defence has signed a contract for Medium Refit with Life Certification (MRLC) of Sub-Surface Killer (SSK) Class of Submarine “INS Shankush” with M/S Mazagon Dock Shipbuilders Limited (MDL), Mumbai at an overall cost of Rs. 2725 Cr.

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