RIIM -aRIhant nEWSLEttER

 Akash Ambani to head of Reliance

Jio.
 Jio became first telecom to provide
4G in Ladakh’s Pangong.
 Frontier becomes the world’s
fastest computer.

 Agnipath Scheme- The Indian Govt.

has introduced the Agnipath
JUNE 2022 Military recruitment scheme ,a 4
year tenure scheme for defence
troops for short term tenure and
will implement by Department of
Military.

Space- India has successfully test-fired

Nuclear- capable Agni-IV ballistic
missile from APJ Abdul Kalam island in
Odisha. Agni-IV can strikes targets
4,000 km away: designed by (DRDO)
and manufactured by Bharat Dynamics
Limited.
 Monetary Policy
Committee of RBI has
hiked the benchmark repo
rate by 50 Basis Point to
4.90%, as it attempts to
curb the high inflation in
the economy.
 The RBI has raised the
limits for individual Shivsena’s leader Eknath Shinde takes oath as a Maharashtra
housing loans being CM and BJP’s Devendra Fadanvis
Fada as Deputy CM
extended by Urban Cooperative Banks (UCB) and Rural
Cooperative Banks by over 100%.
 According to study of Digital Payments firm Phone Pe and
Boston Consulting Group (BCG) states that India’s digital
payment market is expected to more than triple to $10
trillion by 2026.
 Reserve Bank of India has increased the e-mandates on
cards for transactions from RS 5,000 to RS 15,000.
V Parmeshwaran Iyer RIL, Chairman & MD,
 RBI increase the number of digital payment transactions by
more than 3x by 2025 with the vision of ‘E
‘E-payments for appointed as a New CEO of Mukesh Ambani regained
Everyone, Everywhere, Every time (4E’s). NITI Aayog Asia’s richest man

 Public sector banks have double their Net Profit during FY

2021-22.
 Fiscal Deficit of India improves to 6.7% in FY22 as against
budget estimate of 6.9%.
 Tamil Nadu becomes the largest state in terms of
outstanding portfolio of Microfinance loan.
 The Europe biggest Start-ups
ups Conference Vivatech 2020
Yashwant Sinha & Draupadi
has recognized India as the “Country of the year” due to SBI Appointed Alok Kumar
Murmu nominated as UPA’s
contribution of Indian start-ups.
& NDA’s Presidential Chaudhary as new MD.
Candidates.