Table of Contents
Daily Current Affairs 28th June 2023 Daily GK Update
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National News
Adani Group founder Gautam Adani launches “Jeetenge Hum”
- Adani Group has launched a campaign called “Jeetenge Hum” to support the Indian cricket team in the 2023 Cricket World Cup.
- His ports-to-energy conglomerate on Saturday gathered 1983 World Cup Cricket legends including Kapil Dev to launch the 2023 World Cup winning campaign.
- The “Jeetenge Hum” campaign serves as a platform for national pride and support for the Indian cricket team.
- The campaign encourages fans to believe in the team’s ability to emerge victorious at the World Cup.
About “Jeetenge Hum” campaign
- The campaign commemorates the 40th anniversary of India’s historic victory in 1983.
- The campaign encourages Indian cricket fans to unite and unite in support of Team India.
- The campaign draws inspiration from the Adani Group’s ethos of “Kar Ke Dikhaya, Kar Ke Dikhayenge”.
- It epitomizes an indomitable spirit of achievement, both in cricket and business.
Parshottam Rupala launched NANDI Portal
- Union Fisheries, Animal Husbandry and Dairying Minister, Parshottam Rupala has launched NANDI (NOC Approvals for New Drugs & Inoculation System) at Krishi Bhawan, New Delhi.
- The NANDI portal has been developed to digitize and streamline the regulatory approval process in India’s Animal Health Sector.
- The primary objective of the portal is to expedite the assessment and examination of veterinary product proposals, ensuring their safety, efficacy, and essentiality.
- The development of the NANDI portal was carried out in collaboration with the Central Drugs Standard Control Organization (CDSCO) and the Center for Development of Advanced Computing (CDAC).
Historical Kharchi Puja commences in Tripura
- In a vibrant display of cultural heritage and religious fervour, the Historical ‘Kharchi Puja’ commenced at the revered fourteen gods temple in Khayerpur, Tripura.
- The auspicious event marked the revival of ancient customs and traditions, drawing enthusiastic devotees from far and wide.
- The Historical Kharchi Puja is a significant religious festival celebrated by the people of Tripura to honour the fourteen deities, believed to be the guardians of the state.
REC to provide ₹3,045 cr finance to Bangalore Metro
- State-run REC Limited, a Maharatna Central Public Sector Enterprise will extend financial assistance of ₹3,045 crore to Bangalore Metro Rail Corporation Limited (BMRCL), for establishment and development of metro lines under phase-II project of Bangalore Metro.
- Phase-II project comprises extension of two corridors of Phase-I and establishing 2 new lines from RV Road to Bommasandra and Kalena Agrahara to Nagawara.
- With completion of Phase-II (72.09 km), the combined network of Bangalore Metro will be 114.39 km, with 101 stations.
- REC is an NBFC focusing on power sector financing and development across India.
BIS Introduces Standard IS 18267: for Agri By-Product Utensils
- The Bureau of Indian Standards (BIS) has issued standards for agricultural by-product utensils with an aim to reduce plastic pollution and promote sustainability.
- The published standard IS 18267: 2023 “Food Serving Utensils Made from Agri By-Products – Specification” provides comprehensive guidelines to manufacturers and consumers to ensure uniformity in quality requirements across the country.
- BIS stated that the use of biodegradable agri by-product utensils will contribute to environmental safety, conservation of natural resources and promotion of a circular economy.
- IS 18267: 2023 covers several aspects for the production of biodegradable utensils; including raw materials, manufacturing techniques, performance and hygiene requirements.
- It specifies the use of agricultural by-products, such as leaves and sheaths, as preferred materials for making plates, cups and bowls.
Himachal govt to have a dedicated special task force to combat drug menace
- Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu announced the formation of a dedicated special task force to combat the drug menace in the state.
- The government plans to establish two state-of-the-art drug de-addiction-cum-rehabilitation centers in Himachal to tackle drug addiction.
- The State Government has taken up the issue of making the Narcotics Act more stringent with the Central Government so that the properties of drug peddlers can be confiscated and strict action can be taken against them.
About Himachal Pradesh
- Capital – Shimla (Summer), Dharamshala (Winter)
- Chief Minister – Sukhwinder Singh Sukhu
- Deputy Chief Minister – Mukesh Agnihotri
- Governor – Shiv Pratap Shukla
PM Modi flagged off five new Vande Bharat trains of the country
- Prime Minister Narendra Modi has flagged off five new Vande Bharat trains from Rani Kamlapati Railway Station in Bhopal.
- Out of the five, two trains will be operating in Madhya Pradesh and one in Karnataka. One new Vande Bharat Express connecting Patna and Ranchi has also been inaugurated.
- Trains include Ranchi-Patna, Dharwad-KSR Bengaluru, Goa (Madgaon)-Mumbai, Bhopal-Indore and Bhopal-Jabalpur.
- With the launch of the new five Vande Bharat Express trains, the total count of the premium trains has reached 23. Currently, Vande Bharat trains are operational on 18 routes across the country.
- These semi-high-speed trains have been a favourite among travellers as they provide world-class passenger amenities.
Bengaluru airport launches BLR Pulse app for passengers
- Bangalore International Airport Limited (BIAL) has launched a new app called BLR Pulse to provide hassle-free experience to the commuters at Kempegowda International Airpor
- The app is made available for both android and iPhone users.
- Through the BLR Pulse app, people can monitor real-time flight updates, book a table at restaurants inside the airport, connect WiFi, gather information on check-in gates, and even track the flights which are delayed.
- It is an omnichannel platform, developed in collaboration with GrayMatter Software Services.
- The interactive chatbot feature in the app will enable a self-sufficient mode of finding answers.
Banking and Financial
ICICI Lombard launches insurance products for MSMEs
- General insurance company ICICI Lombard has launched of three insurance products focusing on MSMEs — MSME Suraksha Kavach Policy, Property All Risk (PAR) Policy, and i-Select Liability.
- Objective – To make MSMEs more risk aware and provide them with the benefit of comprehensive coverage to safeguard their businesses.
- The MSME Suraksha Kavach Policy is a bundled product to protect MSMEs against loss or damage to property due to defined insured perils.
- The policy offers the benefits of optional coverage for STFI (Storms, Typhoons, Cyclones, Tempest, Tornados, Hurricanes, Floods and Inundation), and Terrorism, providing businesses with the flexibility to choose the right level of protection.
- ICICI Lombard has a dedicated digital platform for SMEs to purchase, renew, and endorse insurance products online, as well as register claims.
S&P retains India’s growth projection at 6% for FY24
- S&P Global Ratings retained India’s GDP growth forecast at 6 percent saying it will be the fastest-growing economy among Asia Pacific nations.
- The Asian emerging market economies remain among the fastest-growing ones in our global growth outlook through 2026.
- In India, under the assumption of normal monsoons, we expect headline consumer inflation to soften to 5 percent in fiscal 2024 from 6.7 percent.
- S&P has lowered the growth forecast for China to 5.2 percent from 5.5 percent for 2023.
Updated GDP List
- World Bank – 6.3% (FY24), 6.4% (FY25), 6.5% (FY26)
- MOODY’S. – 5.5% (FY23)
- S&P – 6 (FY24)
- IMF – 5.9% (FY24), 6.8% (FY25)
- ADB – 6.4% (FY24), 6.7% (FY25)
- RBI – 6.8% (FY23)
- India Ratings – 6.9% (FY23)
- FITCH RATING – 6.3%
- Morgan Stanley – 6.2%(FY24)
Appointment and Resignation
Rajat Verma appoints as MD of DBS Bank India
- DBS Bank India has appointed Rajat Verma as managing director and head of institutional banking for India.
- Niraj Mittal, the current head of institutional banking for India, will be taking up a new role as country head of the DBS Bank in Australia.
- With 26 years of banking experience, Rajat has demonstrated an outstanding record of steering business growth and delivering results.
- He holds an MBA from the Indian Institute of Management (IIM), Lucknow, and a Bachelor of Electrical Engineering from the Delhi College of Engineering.
About DBS Bank India
- Founded- 16 July 1968
- Founder- Government of Singapore
- Headquarters- Singapore
- CEO- Piyush Gupta
Recent Appointment in Banking & Insurance Sector
- Deputy Governor of RBI – Swaminathan Janakiraman (MD of SBI)
- MD & CEO of Equitas Small Finance Bank – P N Vasudevan
- Part-time Chairman of Axis Bank – N S Vishwanathan
- Chairman of TransUnion Cibil – V Anantharaman
- MD & CEO of UCO Bank – Ashwani Kumar (replace Soma Sankara Prasad)
Awards
Pt P. D. Baul awarded 1st Kala Kranti Lifetime Achievement Award
- At the Kolkata edition of the International Performing Arts Festival (IPAF), Padma Shri Pandit Purna Das Baul was presented with the IPAF Lifetime Achievement Award for his outstanding contribution to the traditional Baul music on the world stage.
- The award was presented to him by Governor Dr. Bose at the prestigious Indian Museum’s Ashutosh Birth Centenary Hall.
- This is IPAF’s 5th year in Kolkata with 2 days of cultural programs to support the dying Indian art forms and different artists from Kolkata participated in it along with artists from other states as well.
Recent Awards
- Indian Medical Association (IMA) Award – Dr K Venugopal
- Sahitya Akademi Bal Sahitya Puraskar 2023 – Priya A S (for Perumazhayathe Kunjithalukal)
- Guinness World Record award – Cristiano Ronaldo
- Olympic Order by IOC – Tedros Ghebreyesus (DG of WHO)
- First Prof. Kothapalli Jayashankar Award – Acharya Gopi
Book and Author
A book titled ‘The Yoga Sutra for Children’ by Roopa Pai
- After her award-winning bestselling book ‘The Gita for Children’, author Roopa Pai’s upcoming children’s book will unravel the secrets of Patanjali’s 2,000-year-old text on Yoga. ‘
- ‘The Yoga Sutras for Children’, published by Hachette India, aims to connect and relate the practice of Yoga to children’s everyday lives and helps them use their mind power to bring out the best in themselves.
- Peppered with ‘Think’ and ‘Do’ sections for a wholesome and interactive experience, the book shares Maharishi Patanjali’s techniques to “nurture energies and attitudes, enabling them to do small and big things in a focused and balanced way”.
- The book helps young readers to approach their increasingly complex lives with positivity and confidence.
Recent Book
- Finance Ministers of India: From Independence to the Emergency (1947-1977) – Journalist A.K. Bhattacharya
- Master Residential Real Estate – Ashwinder Singh
- India Secret War BSF – Ushinor Majumdar
- Through the Broken Glass – T N Seshan
- Beyond Cricket – C D Gopinath
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