June 1 Guidely

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Monthly One Liners – June 2023
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IMPORTANT DAYS commemorate World Day Against Child
 On June 1st, World Milk Day 2023 is Labor
observed all over the world  International Albinism Awareness Day is

 The Global Day of Parents is observed on observed on June 13 each year around the
the 1st of June every year globe.

 World Bicycle Day is celebrated all over the  On the 14th of June of this current year,
globe every year on the 3rd of June to World Blood Donor Day 2023 is celebrated
recognize the versatility and uniqueness of all over the world as an awareness event to
the bicycle, as well as its reliability and educate the public to donate blood.
sustainability as a mode of transportation  Global Wind Day 2023 is observed all over
 On June 4th of this current year the world on the 15th June
International Day of Innocent Children  On June 15th, every year the world
Victims of Aggression 2023 is observed all commemorates World Elder Abuse
over the world as an awareness event Awareness Day & the theme of this year is
 On June 5th of this current year World "Closing the Circle: Addressing Gender-
Environment Day 2023 is observed all over Based Violence (GBV) in Older Age Policy,
the world. Law and Evidence-based Responses".
 Every year on June 7th, World Food Safety  Every year on June 17th, the World Day to
Day is observed. Combat Desertification and Drought is

 Every year on June 8th, World Ocean Day commemorated to increase public
is commemorated to raise awareness of the awareness about the critical need to
ocean's vital role in human life and ways to combat desertification and drought & the
conserve it across the world. theme is “Her Land. Her Rights,”
 Every year on June 8th, World Brain Tumor  World Autistic Pride Day 2023 is observed
Day is commemorated. all over the world as public awareness on

 Every year on June 12th, around 100 June 18th & the theme is "Transforming the
countries throughout the world narrative: Contributions at home, at work, in
.

the arts and in policymaking".  On 21st June of this year, World Music Day
 Every year on June 19th, World Sickle Cell 2023 is celebrated all over the globe to
Awareness Day is commemorated to raise celebrate music among the public.

awareness of the human Sickle Cell illness.  The United Nations Public Service Day is
 On the 19th of June every year, World celebrated on June 23 of every year to
Sauntering Day is observed each year all celebrate the value and virtue of public
over the world to encourage people to slow service to the community; highlight the
down and appreciate the world around contribution of public service in the
them and connect with nature. development process; recognize the work
 Every year on June 20th, World Refugee of public servants, and encourage young
Day is commemorated to raise awareness people to pursue careers in the public
of the plight of refugees and the difficulties sector.
they face & the 2023 theme of World  Olympic Day Run or International Olympic
Refugee Day is “hope away from home.” Day is celebrated on June 23 all around the
 Every year on June 21st, World world & the theme for the Olympic Day
Hydrography Day is commemorated to 2023 is called “#LetsMove”.
promote awareness about the importance  International Widows Day is observed all
of hydrography, safe navigation, and over the universe each year on the 23rd of
maritime environmental conservation & the June to draw attention to widows' voices
theme of this year is "Hydrography - and experiences and galvanize the

Underpinning the Digital Twin of the exceptional support they need.
Ocean".  The International Day against Drug Abuse
 Every year on the 21st of June, and Illicit Trafficking, or World Drug Day, is
International Yoga Day is commemorated marked on 26 June every year to

to create awareness about the relevance strengthen action and cooperation in
and advantages of yoga in everyone's life & achieving a world free of drug abuse & the
the theme of International Yoga Day 2023 theme is “People first: stop stigma and
is 'Yoga For Vasudhaiva Kutumbakam'. discrimination, strengthen prevention”
.

 Every year, National Statistics Day is  A Foucault pendulum that rotates on its axis
celebrated on June 29 in India & the theme is suspended from the ceiling of the
is “Alignment of State Indicator Framework entrance hall of the Constitution Hall of

with National Indicator Framework for India's new Parliament building, signifying
Monitoring Sustainable Development the integration of the idea of India with the
Goals”. idea of the cosmos.

 On June 30th of this current year World  The Union Government approved one lakh
Asteroid Day 2023 is observed as an crore rupees for the world's largest grain
awareness program among the public all storage scheme in the cooperative sector
over the world.  The Electronics Repair Services
Outsourcing (ERSO) Pilot initiative has
NATIONAL NEWS been launched by the government
 Northeast's first Vande Bharat Express will  India-EU Connectivity Conference is being
connect Guwahati to New Jalpaiguri. organized by the Ministry of External

 The Government has decided to waive off Affairs, EU Delegation to India and the
Inter-State Transmission Charges (ISTS) Asian Confluence on June 1 and 2
for Off-Shore Wind Projects  The Tele-Law program under the

 The National Level Steering Committee Department of Justice, Ministry of Law and
(NLSC) has decided to extend the Atal Justice has achieved a new milestone as it
Bhujal Yojana to an additional two years. Its has empowered 40 lakh beneficiaries
original end year was 2025 across the country with pre-litigation advice
 India’s urban unemployment rate has fallen  A fresh round of excavations has
to 6.8% in Q4 of FY23 discovered shards of Painted Gray Ware
 Araku Coffee and Black Pepper received pottery from 1200 BC to 600 BC
organic certification from APEDA  Shri Hardeep S. Puri, Minister for Housing
 The Directorate General of Civil Aviation and Urban Affairs and Petroleum and
(DGCA) has simplified the process for Natural Gas complimented the Prime
granting Heliport License Minster Street Vendor’s AtmaNirbhar Nidhi
.

(PM SVANidhi) Scheme on its successful the Production Linked Incentive (PLI)
completion of 3 momentous years scheme, has touched Rs 2.05 lakh crore,
 All India Institute of Medical Sciences against the initial commitment of Rs 1.97
(AIIMS) Nagpur has become the first of all lakh crores
AIIMS to receive National Accreditation  India has become a member of the
Board for Hospitals(NABH) accreditation Centralised Laboratory Network (CLN) for

 In order to strengthen defence cooperation testing vaccines
between India and ASEAN (Association of  National Electricity Plan (NEP) (Volume-1
South East Asian Nations), India would Generation) has been notified by the
launch an initiative on "women in United Central Electricity Authority for the period
Nations Peacekeeping (UNPK) operations 2022-32
 The Union government proposes to sell up  Union Cabinet approved the establishment
to 3% stake in state-owned coal India of a Regional Office of the Universal Postal
through an offer for sale. Union (UPU) in New Delhi

 The Union Cabinet authorised the City  The government has banned 14 fixed-dose
Investments to Innovate, Integrate, and drugs as they have been found to lack
Sustain (CITIIS) 2.0 programme, which therapeutic justification and may pose risks
would encourage a circular economy in 18 to health.
smart cities chosen through a competition  Minister of State for External Affairs, V.
 According to the latest annual data Muraleedharan, underscored the deepening

released by the labour bureau share of cooperation between India and the
women workers in registered factories Maldives across multiple sectors
submitting annual returns working more  Union Minister of State Kapil Patil, India's
than the statutorily-mandated maximum first carbon neutral Village is being

limit of 48 hours in a week increased to an developed in Bhiwandi Taluka of Thane
11-year high of 33.6 per cent in 2019 district, Maharashtra.

 The size of the government's flagship
manufacturing sector support programme,
.

 The Ministry of Education announced the Forest & Environment Shri Chandra Mohan
National Institutional Ranking Framework Patowary through video conferencing
(NIRF) ranking for the year 2023.  The Union Minister of Ports, Shipping &
 India is set to remain the United Arab Waterways and Ayush, Shri Sarbananda
Emirates (UAE) largest export destination Sonowal flagged off the maiden
by 2030, according to a new report by International Cruise Vessel - MV Empress,

Standard Chartered India’s first international cruise vessel - from
 The Government has announced that the Chennai to Sri Lanka in Chennai
New Cooperation Policy is expected to be  Postgraduate Institute of Medical Education

unveiled next month, in July. and Research (PGIMER), Chandigarh, has
 Ministry of Coal and Coal PSUs have been ranked the second best medical
organized numerous programs to institute in the National Institute Ranking
encourage employees and local Framework (NIRF) Rankings, 2023, by the
communities to embrace sustainable and Ministry of Human Resource Development

Eco-Friendly Lifestyles in line with the LiFE  The Indian Agricultural Research Institute,
activities envisioned by Prime Minister Shri popularly known as the Pusa Institute and
Narendra Modi the harbinger of Green Revolution, scales

 Union Minister for Road Transport and to the pinnacle of the crest of the ranking by
Highways Shri Nitin Gadkari inaugurated the National Institutional Ranking
the 4-Lane Section between Nagaon Framework (NIRF) for the year 2023 under
Bypass-Teliagaon, and Teliagaon- the category of Agriculture and Allied
Rangagara and laid the foundation for sectors.
Mangaldai Bypass and the 4-lane section  The Cabinet Committee on Economic
between Daboka-Parakhuwa in Assam, in Affairs (CCEA) today approved an increase

the presence of Chief Minister Shri Himanta in Minimum Support Price, MSP, for all
Biswa Sarma , MP Shri Dilip Saikia , MP mandated Kharif Crops for Marketing
Shri Pradyut Bordoloi , and State Minister of Season 2023-24.
.

 The Union Cabinet chaired by Prime expenditure of Rs. 2980 crore from 2021-22
Minister Shri Narendra Modi, approved the to 2025-26 co-terminus with the 15th
third revival package for BSNL with a total Finance Commission cycle
outlay of Rs. 89,047 crores  The Union Cabinet, chaired by the Hon'ble
 The Ministry of Power and the Ministry of Prime Minister Shri Narendra Modi,
New and Renewable Energy have jointly approved Metro Connectivity from HUDA
launched a National Mission to quickly City Centre to Cyber City with Spur to
identify emerging technologies in the power Dwarka Expressway, Gurugram covering a
sector and develop them indigenously, at distance of 28.50 km having 27 stations on

scale, for deployment within and outside the route.
India.  An Indo – Scandinavian Leadership
 Rural Development and Panchayati Raj Conference and Workshop was held by
Minister Giriraj Singh inaugurated a two-day NTPC School of Business at its Noida
conference in New Delhi inviting the campus.

sharpest minds on rural development to  Union Minister of Steel and Civil Aviation,
brainstorm and create a roadmap for Rural Sh. Jyotiraditya M. Scindia held a press
India during the Amrit Kaal conference on the theme of 9-years of

 The government has decided to allow two Government's "Seva, Sushasan and
thousand Primary Agricultural Credit Gareeb kalyan" focusing on the Steel
Societies PACS to open Pradhan Mantri sector, at Rajiv Gandhi Bhawan, New Delhi
Bhartiya Jan Aushadhi Kendras across the  The Indian Institute of Corporate Affairs
country. (IICA) in association with NALSAR
 The Cabinet Committee on Economic University of Law, Hyderabad launched a
Affairs (CCEA) chaired by the Hon’ble new programme, LL.M in Insolvency and
Prime Minister Shri Narendra Modi Bankruptcy Laws at New Delhi
approved the continuation of the Central  The Centre has approved a new metro line
Sector Scheme of “Exploration of Coal and between HUDA City Centre and Cyber City
Lignite scheme” with an estimated
.

in Gurugram, with a branch line to Dwarka new environmentally and socially
Expressway. sustainable economic activities for a
 Union Health Minister Dr Mansukh healthy and resilient ocean.

Mandaviya released the fifth State Food  Union Minister of Fisheries, Animal
Safety Index in New Delhi Husbandry and Dairying Shri Parshottam
 Dr Mansukh Mandaviya, Union Minister for Rupala and Minister of Ports Shipping and
Health and Family Welfare has inaugurated Waterways Shri Sarbananda Sonowal has
the CGHS Wellness Centres in Chandigarh laid the foundation stone for the project on
and Panchkula Modernization and Up-gradation of Cochin

 Union Minister of Ports, Shipping & Fishing Harbour at Thoppumpady,
Waterways (MoPSW) and Ayush Shri Samudrika Hall, Willingdon Island, Cochin
Sarbananda Sonowal launched ‘SAGAR Port Authority, Cochin
SAMRIDDHI’ - the online dredging  Union Minister for Road Transport and
monitoring system - in order to accelerate Highways Shri Nitin Gadkari inaugurated

‘Waste to Wealth’ initiative of the Ministry. the Shelad to Nandura project costing Rs
 A continued shift in consumer behaviour 816 crore on Amravati-Chikhali National
and the evolution of the business Highway 53 at Khamgaon , Buldhana,

ecosystem will underpin the growth of Maharashtra
India’s Internet economy, from  Union Minister of State (Independent
approximately $175 billion of consumption Charge) Science & Technology; MoS PMO,
in 2022 to $1 trillion by 2030, according to a Personnel, Public Grievances, Pensions,
report by Google, Temasek, and Bain & Atomic Energy and Space, Dr Jitendra
Company Singh, the Start-up movement promoted by
 The United Nations Development PM Narendra Modi is now reaching every

Programme (UNDP) launched its 3rd cohort part of India including the B-Towns and the
of 4 ocean innovators to demonstrate the 2-day “Young Start-up Expo” at Udhampur

compelling roles of marine spatial planning in Jammu and Kashmir offers an
(MSP), marine protected areas (MPAs) and opportunity to explore new avenues for the
.

industry as well as entrepreneurs in the Convention Centre, Pragati Maidan, New
region Delhi
 The Comptroller and Auditor General of  The second summit of the Supreme Audit
India (CAG) is hosting a three-day SAI20 Institutions (SAIs) of the G20 countries will
Summit under India's G20 Presidency in begin in Panaji, the Capital of Goa.
Goa  An art exhibition titled ‘Maharaja’s

 Ministry of Information and Broadcasting Treasure: Select Works of Art from the
announced the second edition of Famed Air India Collection’ hosted by the
Antarashtriya Yoga Diwas Media Samman National Gallery of Modern Art, Mumbai,
 The first-ever National Training Conclave under the Union Ministry of Culture was
aimed at strengthening the training inaugurated by the Union Minister of State
infrastructure for civil servants across the for External Affairs and Culture Smt.
country starts in New Delhi Meenakshi Lekhi
 The Union Government has released 3rd  India expressed its willingness to host the
instalment of tax devolution to State 2025 IIAS (International Institute of
Governments amounting to ₹1,18,280 Administrative Sciences) Annual
crore, as against the normal monthly Conference at Kochi, Kerala, in February,

devolution of ₹59,140 crore 2025.
 Prime Minister Narendra Modi chaired a  Union Minister of Education and Skill
high-level meeting to review the Development and Entrepreneurship Shri

preparedness of Ministries and Agencies of Dharmendra Pradhan flagged off Gabon’s
the Centre as well as Gujarat to deal with first Agri- SEZ project from New Delhi.
the situation arising out of the impending  Centre to spend Rs 15,000 crores during 3
Cyclone ‘Biparjoy’ years for improving basic facilities in remote

 Prime Minister Shri Narendra Modi tribal villages
inaugurated the first-ever National Training  The overall coal stock position i.e., at
Conclave at the International Exhibition and Mines, TPPs and transit, as on 13th June
2023, reached 110.58 Million Tonne (MT),
.

indicating a substantial increase of 44.22% of a day-long event in New Delhi.
as compared to the stock of 76.67 MT last  India is participating in the Annecy
year. International Animation Festival (AIAF) for

 The third and final working group on W-20 the first time in France.
began at Mahabalipuram near Chennai.,  The 13th meeting of the Standing
Tamil Nadu )TN). Committee of the Eastern Zonal Council

 A Unified Registration Portal for concluded in Patna.
GOBARdhan launched by Union Jal Shakti  The Ministry of Education is gearing up to
Minister. host the G20 4th Education Working Group

 The Nehru Memorial Museum and Library, (EDWG) meeting in Pune.
named after India’s first Prime Minister  The Civil Aviation sector records 36%
Jawaharlal Nehru, has been renamed as growth during January to May, 2023
the Prime Minister’s Museum and Library  The Union Minister of Heavy Industries Dr
Society. Mahendra Nath Pandey unveiled the

 Defence Minister Shri Rajnath Singh ground-breaking "Dugdh Sanakalan Sathi
chaired a meeting of the Consultative Mobile App" at Mussoorie, Uttarakhand.
Committee for the Ministry of Defence on  NTPC Vidyut Vyapar Nigam Limited
‘Self-reliance in Defence Manufacturing’ in (NVVN), a wholly owned subsidiary of
Bengaluru, Karnataka NTPC, has commissioned its first Rooftop
 NTPC Vidyut Vyapar Nigam Limited Solar Photovoltaic Project at IIT Jodhpur,
(NVVN), a wholly owned subsidiary of Rajasthan.
NTPC, has commissioned its first Rooftop  The third G20 Sustainable Finance Working
Solar Photovoltaic Project at IIT Jodhpur, Group meeting commenced in
Rajasthan. Mahabalipuram near Chennai, Tamil Nadu

 The Ministry of New and Renewable (TN).
Energy, Government of India joined the  The Union Ministry of Health and Family
worldwide celebrations of 15th June as Welfare, in collaboration with the
Global Wind Day, through the organization Partnership for Maternal, Newborn, Child
.

Health (PMNCH), Geneva is organizing a was chaired by G-20 India Chair and
G20 co-branded event titled 'Health of Secretary, Department of Higher Education
Youth-Wealth of Nation', at New Delhi. Shri K. Sanjay Murthy.

 NHAI has launched a ‘Knowledge Sharing’  Shri Hardeep Singh Puri, Union Minister of
platform For the sharing of knowledge and Petroleum & Natural Gas and Housing &
innovative best practices. Urban Affairs, Government of India, hosted

 Health and Family Welfare Minister Dr. H.E. Mr. Hayan Abdul Ghani Abdul Zahra
Mansukh Mandaviya chaired a high-level Al Sawad, Deputy Prime Minister for
meeting to review the public health Energy Affairs, and Minister of Oil of the
preparedness regarding heat waves across Republic of Iraq, at the 18th India - Iraq
the country. Joint Commission Meeting (JCM), held in
 The Bureau of Indian Standards, BIS New Delhi.
license will be mandatory for 24 footwear  Union Minister for Road Transport and
products from the 1st of next month(July Highways Shri Nitin Gadkari inaugurated
2023). and laid the foundation stone of 4 National
 Union Road, Transport and Highways Highway projects at Sonepat, Karnal and
Minister Nitin Gadkari inaugurated 11 Ambala in Haryana worth Rs 3,835 crore in

flyovers from Delhi to Panipat on the eight- the presence of Haryana Chief Minister Shri
lane National Highway- 44 at Sonipat. Manohar Lal Khattar, Deputy Chief Minister
 The Road, Transport and Highways Shri Dushyant Chautala and other MPs,
Ministry has issued a draft notification MLAs and officials.
proposing Motor Third Party Premium and  Prime Minister Narendra Modi remains the
Liability Rules for the Financial Year 2023- world’s most popular leader with an
24. approval rating of 75 percent.

 The 4th Education Working Group meeting  Agriculture and Farmers Welfare Minister
(EdWG) commenced in Pune to finalise Narendra Singh Tomar launched the PM

outcome documents to be presented at the Kisan Mobile App with a face authentication
Education Ministers meeting & the meeting feature.
.

 Hon’ble Union Minister for Steel and Civil from Rani Kamalapati Railway Station in
Aviation, Shri Jyotiraditya Scindia, will Bhopal.
virtually inaugurate from New Delhi, the  Union Minister for Fisheries, Animal
Silica Reduction Plant at Steel Authority of Husbandry and Dairying, Shri Parshottam
India Limited's (SAIL) Bhilai Steel Plant's Rupala will launch the Report Fish
Dalli Mines Disease(RFD) App at Krishi Bhawan in the

 The Department for the Promotion of presence of Dr L. Murugan, Minister of
Industry and Internal Trade and Invest State, Ministry of Fisheries, Animal
India in collaboration with the Department Husbandry and Dairying and senior Officers
of Industries and Commerce, Nagaland, from DARE, ICAR and NSPADD.
and Press Information Bureau Kohima  8th edition of the world’s largest urban
organized an ODOP Sampark event on the Swachhata survey, Swachh Survekshan
21st of June 2023 at the Hotel Vivor, 2023 – Mera Shehar, Meri Pehchan.
Kohima, Nagaland.  The Union Cabinet chaired by the Prime

 India has achieved the milestone of 101 Minister, Shri Narendra Modi has given its
Million Metric Standard Cubic Meters per approval for ratification of the Headquarters
Day of gas production. Agreement (HQA) between the

 The Union Minister for Chemicals and Government of India (Gol) and the Coalition
Fertilisers and Health & Family Welfare Dr for Disaster Resilient Infrastructure (CDRI)
Mansukh Mandaviya addressed the 8th signed on 22nd August, 2022.

Global Pharmaceutical Quality Summit  The Union Cabinet, chaired by Prime
2023 in Mumbai. Minister Shri Narendra Modi, approved the
 Union Sports Minister Anurag Singh Thakur introduction of the National Research
flagged off "Bharat in Paris" campaign with Foundation (NRF) Bill, 2023 in Parliament.
a short marathon at Jawaharlal Nehru  The Cabinet Committee on Economic
Stadium in New Delhi. Affairs chaired by Prime Minister Shri

 Prime Minister Narendra Modi flagged off Narendra Modi has approved Fair and
five new Vande Bharat trains of the country Remunerative Price (FRP) of sugarcane for
.

sugar season 2023-24 (October - has been conducting Hackathons for the
September) at Rs.315/QTL for a basic development of 5G products and solutions.
recovery rate of 10.25%.  The International Telecommunication Union

 The Department of Expenditure, Ministry of (ITU) has approved the 6G Vision
Finance, has given a boost to reforms by Framework.
the States in the power sector by providing  Shri Parshottam Rupala, Minister of
financial incentives in the form of additional Fisheries, Animal Husbandry and Dairying,
borrowing permissions. Government of India launched an android-
 The Government of India is organizing an based mobile app as “Report Fish Disease”
International Conference on Green  India’s refining capacity will increase from
Hydrogen (ICGH-2023) during 5th – 7th 5.2 million barrels per day (mb/d) in 2022 to
July 2023 at Vigyan Bhawan, New Delhi, to 6.2 mb/d in 2028.
bring together the global scientific and  The Union Minister of Fisheries, Animal
industrial community to discuss recent Husbandry & Dairying, Shri Parshottam

advances and emerging technologies in the Rupala launched Nandi - NOC Approval for
entire green hydrogen value chain. New Drug and Inoculation System portal
 The Union Minister of Ports, Shipping & New Delhi.

Waterways and Ayush Shri Sarbananda  The Department of Expenditure, Ministry of
Sonowal launched ‘Sagar Samajik Finance, Government of India, has
Sahayyog’ - the new guidelines of approved capital investment proposals of

Corporate Social Responsibility (CSR) by Rs. 56,415 crores in 16 States in the
the Ministry of Ports, Shipping & current financial year. Approval has been
Waterways. given under the scheme entitled ‘Special
 Prime Minister Shri Narendra Modi will Assistance to States for Capital Investment
inaugurate the 17th Indian Cooperative 2023-24’.
Congress (ICC) on the 1st of July 2023 at

Pragati Maidan in New Delhi. INTERNATIONAL NEWS
 The Department of Telecommunications
.

 Nepal decided to allow India's Satluj Jal  Montana has become the first United States
Vidyut Nigam (SJVN) Limited to develop a (US) state to ban the popular social media
second hydropower project in the country. app TikTok.

 The Ministry of External Affairs (MEA)  The United Nations General Assembly
announced that India will host the annual (UNGA) elected 5 countries Algeria,
summit of the Shanghai Cooperation Guyana, Sierra Leone, Slovenia and South
Organisation (SCO) in a virtual format on Korea as non-permanent members of the
July 4, 2023. United Nations Security Council (UNSC) for
 King of Cambodia, Norodom Sihamoni, is a 2-year term starting on January 1, 2024 &
on his maiden State visit to India from the serving till December 31, 2025.
29th to 31st of May, 2023.  The Bar Council of India (BCI) has entered
 Iraq’s prime minister Mr Mohammed Shia into a Memorandum of Understanding
al-Sudani announced plans for a $17 billion (MoU) with the Bar Council of England and
regional transportation project intended to Wales & Law Society of England and Wales
facilitate the flow of goods from Asia to for an exchange programme of Lawyers
Europe. and Law Students for mutual exchange of
 India has joined the Centralized Laboratory training & learning amongst each other's
Network (CLN) which currently has 15 jurisdiction.
partner facilities in 13 countries that works  The United Nations General Assembly
to test vaccines which can be used during (UNGA) has adopted a draft resolution
pandemic, epidemic disease outbreak. introduced by India to establish a memorial
 The United Arab Emirates (UAE) has won wall in the UN Headquarters to honour
the bid to host the 2025 World fallen peacekeepers.
Conservation Congress (WCC) of the  The World Bank (WB) launched its first
International Union for Conservation of dedicated road safety project in South Asia
Nature (IUCN). with a USD 358 million financing agreement

signed in Dhaka with the government of
Bangladesh.
.

 The Comptroller and Auditor General Centre in Washington DC.
(C&AG) of India is the Chair of the  China and Pakistan signed an agreement of
Supreme Audit Institutions-20 (SAI20) $4.8 billion to set up a 1,200-megawatt

Engagement Group under India's Group of nuclear power plant in Punjab province.
20 (G20) Presidency.  India and the United Arab Emirates (UAE)
 India and Australia have decided to expand have signed a Mutual Recognition
the negotiations on the Comprehensive Arrangement (MRA) for Authorized
Economic Cooperation Agreement (CECA) Economic Operators (AEO).
by including 15 more areas like agri-tech,  India and Egypt elevated their relationship
critical minerals, space and sports which to a 'Strategic Partnership' as Prime
have never been part of any trade deal that Minister Shri Narendra Modi and President
India has been part of. Abdel Fattah El-Sisi held wide-ranging talks
 The United Nations (UN) has adopted the with a particular focus on enhancing
first-ever treaty to protect marine life in the political and security cooperation.
high seas.
 United Kingdom (UK) Prime Minister Mr STATE NEWS
Rishi Sunak has announced that Britain, UK  Odisha Chief Minister (CM) Shri Naveen
will host the first major global summit on Patnaik announced the launch of the ‘Mo
Artificial Intelligence (AI) safety. Ghara’ (My House) a credit-linked housing
 Indian Farmers Fertiliser Cooperative scheme to provide financial assistance to

Limited (IFFCO) has started exporting the people of states for completing or
world’s first Nano urea invented and upgrading their houses.
manufactured indigenously in India to the  Haryana Chief Minister (CM) Shri Manohar
US. Lal launched the community policing

 Prime Minister Shri Narendra Modi and outreach programme Haryana Uday from
First Lady of USA Dr. Jill Biden participated the Gurugram district of the state, another
in an event focused on "India and USA: innovative initiative towards public welfare.
Skilling for Future” at the National Science
.

 The Telangana government headed by  In order to empower women in the tourism
Chief Minister Shri K.Chandrasekhar Rao sector, the Maharashtra Cabinet approved
has announced that at least one de- the implementation of the Gender Inclusive
addiction centre would be established, in all Tourism Policy called 'Aai'under the 'Ajadi
33 districts (one each). Ka Amrit Mahotsav'.
 The Maharashtra government has  The Uttar Pradesh (UP) government

approved a new financial scheme Namo launched a 15-day registration campaign
Shetkari Mahasanman Yojana under which for Micro, Small and Medium Entreprises
more than one crore farmers in the state (MSMEs) in all 75 districts across UP.
will be paid 6,000 rupees annually.  Kashmiri Pandits celebrated the annual
 The Uttar Pradesh (UP) government stated “Kheer Bhawani Mela” in Ganderbal,
that it provided protection to 11,57,204 Jammu & Kashmir (J&K).
destitute cattle by spending a total of  A fresh round of excavations at the site of
₹1,681.61 crore under the Mukhyamantri Delhi’s Purana Qila or Old Fort has
Nirasrit Govansh Sahbhagita Yojana. uncovered evidence of the continuous
 Odisha Chief Minister (CM) Shri Naveen history of Delhi since the pre-Mauryan era.
Patnaik launched 'Odisha for Artificial  Banas District Cooperative Milk Producers’
Intelligence' (AI) and 'Artificial Intelligence Union (Banas Dairy) has inaugurated
(AI) for Youth' initiatives. Gujarat’s 1st honey testing laboratory at
 The Girijan Co-operative Corporation Banas Dairy complex at Badarpura near

(GCC), Visakhapatnam, Andhra Pradesh Palanpur in North Gujarat.
(AP), has been granted organic certification  Kerala-based Non Banking Financial
for its renowned Araku coffee and black Company (NBFC), Manappuram Finance
pepper crops by the Agriculture and Ltd has launched a new digital lending
Processed Food Products Export platform named Ma-Money.
Development Authority (APEDA) of the  Kerala Chief Minister (CM) Shri Pinarayi
Ministry of Commerce and Industry (MoCI). Vijayan launched the Kerala Fibre Optic
Network (KFON) project at
.

Shankaranarayanan Thambi Hall of the  The Government of Madhya Pradesh (MP)
State Legislative Assembly, Kerala. launched a unique scheme namely
 Union Minister Shri Jitendra Singh Mukhyamantri Ladli Bahna Yojana to make
inaugurated the two-day "Lavender women financially independent.
Festival" in Jammu and Kashmir's (J&K)  Arunachal Pradesh Chief Minister Shri
Bhaderwah Valley & Bhaderwah has Pema Khandu flagged off Mission Har
emerged as the lavender capital of India Shikhar Tiranga (HST), from Mountaineers
and a prominent agri-startup destination. of the National Institute of Mountaineering
 Maharashtra Chief Minister (CM) Shri and Adventure Sports (NIMAS), Dirang.
Eknath Shinde has launched Asia's largest,  Government of Madhya Pradesh (MP) has
ambitious and historic cluster development announced to legalize of more than 6000
scheme in Thane, Maharashtra. illegal colonies in MP.
 The Government of Haryana launched a  Haryana Chief Minister (CM) Shri Manohar
special campaign to raise awareness about Lal Khattar announced a monthly pension
door-to-door waste collection and of Rs 10,000 for the Padma awardees from
segregation. Haryana.
 Haryana Chief Minister (CM) Shri Manohar  The Chief Minister (CM) of Himachal
Lal will launch an integrated Water Pradesh (HP), Shri Sukhvinder Singh
Resources Action Plan-2023-25 under Sukhu, inaugurated the online portal of the
Amrit Jal Kranti at Chandigarh, which will Himachal Pradesh Nurses Registration
be a bold step towards conserving water Council (HPNRC).
resources.  In a bid to prevent illegal transportation of
 Prathapa Reddy, Deputy General Manager cattle in Assam, the Animal Husbandry and
of State Bank of India (SBI), has been Veterinary Department of the Assam
appointed as Chairman of Andhra Pradesh Government inaugurated a web portal for
Grameena Vikas Bank (APGVB) for 5 cattle transportation.

years.  A Kerala-based startup, Farmers Fresh
Zone (FarmersFZ), has been selected for
.

the 'Accelerator Programme by the Food  North India's first skin bank has been
and Agriculture Organisation (FAO) of the inaugurated at Safdarjung Hospital in Delhi.
United Nations (UN).  In a first in India, hydrogen-powered trains

 The Government of Karnataka has are expected to start from Haryana’s Jind
launched a free power scheme named district by March 2024 and the first
'Gruha Jyothi scheme' for providing free hydrogen plant of the country is being set
electricity up to 200 units a month. up in the district.
 “Didi Cafe” is coming up in Uttar Pradesh  Paytm Payment Services Limited signed a
(UP), which will provide cheap food and Memorandum of Understanding (MoU) with
breakfast. Arunachal Pradesh Innovation and
 The Governor of Bihar Shri Rajendra Investment Park (APIIP) to create a startup
Vishwanath Arlekar inaugurated the ecosystem for the youth.
thematic event of the engagement group of  The construction work of the ‘world’s largest
L20 held at Gyan Bhawan in Patna Ramayan temple' started in the East
 The Karnataka Deputy Chief Minister (CM) Champaran district of Bihar & the temple
& Bengaluru Development Minister Shri DK will be a three-storeyed structure completed
Shivakumar launched a portal for people to by the end of 2025.

share suggestions regarding the  The Tamil Nadu (TN) police have
development of the city, under the title introduced a new scheme called 'Pengal
‘Brand Bengaluru’. Pathukaaptu Thittam' (Women Safety

 The Medical, Health & Family Welfare Scheme) in Chennai city, TN for Women
Department of the Rajasthan Government Travelling Alone at Night.
has launched the Pregnancy, Child  Telangana is set to build the world's first
Tracking & Health Services Management 3D-printed Hindu temple.

System (PCTS) app which enables online  India's largest private rail coach factory was
tracking, reporting and monitoring of the inaugurated in Kondakal village, Telangana.

health of pregnant women, obstetricians  Kerala Tourism will soon come out with a
and infants. mobile app to strengthen the country’s first
.

‘women-friendly tourism’ initiative launched  The Uttar Pradesh (UP) Police Department
by the State Government to turn the State’s launched 'Operation Conviction' to combat
tourism sector gender inclusive. criminals and mafias in UP.

 Telangana’s per capita income is the  In a vibrant display of cultural heritage and
highest in the country (among all States) at religious fervour, the Historical 'Kharchi
₹3.08 lakhs against the national average of Puja' commenced in Tripura.

₹1.72 lakh.  Two 1000-year-old square pillars with
 The Geographical Indications Registry in sculptures of Jain Tirthankaras (a saviour
Chennai has given tags to 7 different and spiritual teacher of the dharma) and
products from Uttar Pradesh (UP) ie inscriptions, were found on the outskirts of
Amroha Dholak, Mahoba Gaura Patthar Hyderabad in Rangareddy district’s
Hastashlip, Mainpuri Tarkashi, Sambhal Moinabad village.
Horn Craft, Baghpat Home Furnishings,
Barabanki Handloom Product, Kalpi BUSINESS NEWS

Handmade Paper.  Nvidia Corp breached the $1 trillion in
 Assam Chief Minister (CM) Shri Himanta market capitalization, making it the first
Biswa Sarma announced that Assam’s first chipmaker to join the trillion-dollar club
underwater railroad tunnel will be built  In a significant step towards enhancing
between Numaligarh and Gohpur. domestic production of pulses, the
 The Uttar Pradesh (UP) government Government has removed the procurement
implemented the Legal Aid Defence ceilings of 40 percent for tur, urad, and
Counsel System (LADCS) for a period of 2 Masur under Price Support Scheme PSS
years under the Uttar Pradesh State Legal operations for 2023-24
Services Authority to provide free legal aid  During May 2023, originating freight loading
to the needy. of 134 MT has been achieved against
 The Himachal Pradesh (HP) government loading of 131.50 MT in May 2022, which is
has decided to set up a special task force to an improvement of approximately 2% over
combat the problem of the drug menace. the last year
.

 Indian Institute of Corporate Affairs (IICA), products, and several agricultural
under the aegis of the Ministry of Corporate commodities have registered growth in
Affairs, kick-started its annual week-long export in the last month in comparison to
conference - 'Week with Legends, 2023', for the corresponding period of last year.
its Graduate Insolvency Programme (GIP)  Direct Tax collections for the Financial Year
wherein stalwarts of the Insolvency practice 2023-24, net collections are at Rs. 3,79,760
are invited to take part in a roundtable crore, compared to Rs. 3,41,568 crore in
discussion with the students of its flagship the corresponding period of the preceding
GIP on various aspects of Insolvency and Financial Year i.e. FY 2022-23,
Bankruptcy regime in India. representing an increase of 11.18%.
 India achieved all-time high export of  The All-India Consumer Price Index
seafood both in terms of volume and value Number for Agricultural Labourers and
(both US$ and Rupee) by shipping Rural Labourers for the month of May, 2023
17,35,286 MT of seafood worth Rs. increased by 6 & 5 points to stand at 1186

63,969.14 crore (US$ 8.09 billion) during and 1197 points respectively.
FY 2022-23 despite the several challenges  Employees Provident Fund Organisation,
in its major export markets like USA. EPFO’s provisional payroll revealed that
 The annual rate of inflation based on the All EPFO has added 17.20 lakh net members
India Wholesale Price Index (WPI) number in April this year as compared to the net
is (-) 3.48% (Provisional) for the month of addition of 13.40 lakh members during
May, 2023 (over May, 2022) against (-) March, 2023.
0.92% recorded in April, 2023.  American chipmaker Micron will invest 825
 India’s overall exports (Merchandise and million dollars to build a Chip Assembly and
Services combined) in May 2023* is Testing Facility in Gujarat.

estimated to be USD 60.29 Billion,  In the forex market, the rupee appreciated
exhibiting a negative growth of (-) 5.99 per nine paise to close at 81 rupees and 95
cent over May 2022. paise against the US dollar.
 Electronic goods, Iron Ore, Ceramic  Fitch Ratings has raised India's GDP
.

forecast to 6.3 percent from 6 percent for  The Reserve Bank of India has informed
the current fiscal year (2023). that the Gross Non-Performing Assets
 REC Limited, a Maharatna Central Public (GNPA) ratio of Scheduled Commercial

Sector Enterprise under the Union Ministry Banks has fallen to 10 year low of 3.9
of Power, has decided to extend financial percent in March 2023 and net non-
assistance of Rs. 3,045 crores to Bangalore performing assets (NNPA) ratio declined to
Metro Rail Corporation Limited (BMRCL), 1 percent.
for the establishment and development of
Metro Lines under the Phase-II project of BANKING AND ECONOMY

Bangalore Metro.  The Reserve Bank of India (RBI) became a
 Indian Renewable Energy Development net seller of US dollars in fiscal year 2023,
Agency (IREDA), a Mini Ratna (Category – after being a net purchaser for three
I) Government of India enterprise under the consecutive years.
administrative control of the Ministry of New  YES Bank unveiled its new logo as part of
and Renewable Energy, has set up a state- its “refreshed brand identity”, and expects
of-the-art Business Centre at NBCC Office to roll it out across its branch network over
Complex, East Kidwai Nagar, New Delhi. the next three months.
 Google is investing 10 billion dollars in  Razorpay has launched India's fastest one-
India's digitisation fund. step UPI (unified payments interface)
 The country’s MSME sector contributes 30 payment solution, ‘Turbo UPI’ that allows
percent to the GDP and nearly 50 percent customers of online merchants to make UPI
to exports. payments directly without getting redirected
 India’s current account deficit narrowed to to a third-party UPI app during checkout.
1.3 billion US Dollars or 0.2 percent of GDP  Tata Consultancy Services (TCS)
in the January-March quarter of FY22-23. announced that Ikano Bank AB in Sweden
 Government will extend cover under the has selected the TCS BaNCS Global
ECIB scheme with enhanced cover of 90% Banking SaaS Platform for its pan-Europe
to accounts with limits up to Rs. 50 crores. core banking transformation.
.

 Draft valuation rules for overseas  The country's largest public sector lender
investments into startups under the ‘angel State Bank of India (SBI), raised USD 750
tax’ regime have been announced & the million under its USD 10 billion Global
rules have been issued by the Central Medium Note programme to fund its
Board of Direct Taxes (CBDT). overseas business growth.
 Yubi, an online debt marketplace that  The National Statistical Office (NSO), under
connects borrowers and lenders for various the Ministry of Statistics and Programme
credit products, announced its partnership Implementation (MoSPI), released the
with Indian Bank to extend digital supply Provisional Estimates (PE) of National
chain financing solutions to small and Income for the fiscal year 2022-23, along
medium-sized businesses (SMEs). with the Quarterly Estimates of Gross
 Bank of Maharashtra (BoM) has emerged Domestic Product (GDP) for the period of
as the best bank as far as management of January to March 2022-23 (Q4 2022-23),
bad loans is concerned with its net non- as per the data the growth rate for real GDP
performing assets (NPAs) falling as low as during 2022-23 is estimated at 7.2%,
0.25% during the financial year ended marking a decrease from the 9.1% growth
March 2023. observed in 2021-22.

 According to the RBI’s annual report 2022-  Equitas Small Finance Bank Limited (SFB)
23, India’s Gross Domestic Product (GDP) has signed an agreement with IBM
growth for 2023-24 is projected at 6.5% for Consulting to design and build a digital
FY24 amid softer global commodity and banking platform that delivers a modern
food prices, and good rabi crop prospects, and highly secure experience to the bank’s
among others customers and partners.
 The Reserve Bank of India (RBI) has  The market regulator Securities and
reported a 14.4% increase in the number of Exchange Board of India (SEBI) has
counterfeit Rs 500 notes (new design) cancelled the registration of brokerage firm
during the year 2022-23. Karvy Stock Broking Ltd (KSBL) for mis-
utilising clients' funds and securities.
.

 Kiwi, a ground-breaking credit card India’s 1st mobile-based expense
platform, has launched its all-inclusive management card called Card++.
"Credit on Unified Payments Interface  Capital market regulator Securities and

(UPI)" customer solution. Exchange Board of India (SEBI) has
 The fiscal deficit of the government proposed to halve the time taken for the
decreased from 6.71% of Gross Domestic listing shares on stock exchanges after the
Product (GDP) to 6.4% of GDP in 2022–23. closure of the initial public offer (IPO) to 3
 Dairy technology provider Stellapps’ fintech days from 6 days.
arm mooPay Private Limited, in partnership  The Asian Development Bank (ADB) has
with IBISA Network, HDFC ERGO and launched its India Country Partnership
Gramcover, has launched a unique heat Strategy (CPS) 2023-2027: Catalyse
Index-based insurance plan for farmers. Robust, climate-resilient, and inclusive
 Reserve Bank Innovation Hub (RBIH) has growth to accelerate structural
joined hands with the Indian Institute of transformation and job creation, promoting
Technology Madras Research Park climate-resilient growth, and deepening
(IITMRP) and IIT Madras Incubation Cell social and economic inclusiveness.
(IITMIC) to introduce voice-banking  State-owned Bank of Maharashtra (BoM)

solutions to eliminate language barriers has emerged as the top performer among
across India. public sector lenders in terms of loan and
 Bajaj Allianz Life, one of India’s leading deposit growth in percentage terms during
private life insurers, has launched an 2022-23.
exclusive term insurance plan for Type 2  Conversational engagement platform
diabetic and pre-diabetic individuals called Gupshup has introduced UPI payments for
Bajaj Allianz Life Diabetic Term Plan Sub 8 people using feature phones via a native
HbA1c. app called GSPay.
 Karbon Card, a B2B (Business to Business)  The Rural Development Ministry has
payment solution provider, has launched informed that about 88 per cent of the wage
payment has been made through the
.

Aadhaar Based Payment Bridge System  Public lender Bank of Baroda (BoB) has
(ABPS) till May this year. launched an Interoperable Cardless Cash
 Reserve Bank of India (RBI) Governor Withdrawal (ICCW) facility for its
Shaktikanta Das, launched a Financial customers, wherein they can withdraw
Inclusion Dashboard - ANTARDRIHSTI. money from Automated Teller Machine
 The State Bank of India (SBI), Bengaluru (ATMs) using the United Payment Interface
(Karnataka) Circle has launched Project (UPI).
Kuber, under which there are 4 Transaction  HDFC Bank has introduced a new credit
Banking Hubs, and 1 Corporate Salary card - Millennia offering cashback.

Package Hub, in the city to source,  Capital markets regulator Securities and
facilitate, and cater to the various banking Exchange Board of India (SEBI) came out
needs of customers. with guidelines for transactions in corporate
 The Insurance Regulatory and bonds (CBs) through the Request for Quote
Development Authority of India (IRDAI) has (RFQ) platform by stock brokers (SBs).
identified SBI Life Insurance Company  YES SECURITIES Limited (YSL), a leading
Limited (SBI Life) as the acquirer-insurer of financial services company, is partnered
the business of the beleaguered Sahara with WatchYourHealth (WYH), a tech-

India Life Insurance Co. (SILIC). driven healthcare platform, to provide
 Kotak Mahindra Bank (KMBL) in investment solutions to healthcare
partnership with Myntra has launched its professionals through the ‘Wellth- Where
first-of-its-kind co-branded digital fashion & Investments and Health Unite’ program.
lifestyle credit card namely the Kotak  The Reserve Bank of India (RBI) has
Myntra credit card. launched ‘100 Days 100 Pays’ campaign to
 The Reserve Bank of India (RBI) became a trace and settle the top 100 unclaimed
net seller of US dollars in fiscal year 2023, deposits of every bank in every district
after being a net purchaser for 3 within 100 days.

consecutive years.  The Reserve Bank of India (RBI) updated
its 'Alert List' for the public on unauthorised
.

forex trading platforms by adding 8 more HSBC Bank India, unveiled its latest
entities taking the total to 56. advertising campaign . My Account Starts
 According to the World Bank’s (WB) latest Today featuring their new brand influencer,
Global Economic Prospects report, the ace cricketer Virat Kohli.
World Bank expects growth in India to slow  The Reserve Bank of India’s (RBI)
down further to 6.3% in the financial year Monetary Policy Committee headed by RBI
FY 2023/24 (April to March). Governor Shaktikanta Das in its second bi-
 Wipro Limited, a leading technology monthly monetary policy meeting of FY24
services and consulting company, has has kept the repo rate unchanged at 6.5%.
collaborated with Microsoft and announced  The Federal Bank has launched a
the launch of the Wipro Industry Innovation campaign titled ‘I am Adyar, Adyar is me’ in
Experience for Financial Services, featuring Chennai, Tamil Nadu (TN) to celebrate
a new suite of banking and financial people and their culture by transforming an
services solutions built on Microsoft Cloud. entire bank branch into a museum of local
 Kotak Private Banking, a division of Kotak stories.
Mahindra Bank Limited, has unveiled Kotak  According to the ratings agency ICRA
Réserve, a Savings Programme curated report, Bond issuances by banks are likely
exclusively for UHNIs (Ultra High Net Worth to fall to Rs 90,000 crore in the current
Individuals) and HNIs (High Net Worth financial year from an all-time high of Rs
Individuals). 1.1 lakh crore in FY23 due to improved

 State-owned Small Industries Development liquidity conditions and foreign investors
Bank of India (SIDBI) has entered into a inflows.
Memorandum of Understanding (MoU) with  Global Alliance for Mass Entrepreneurship
HDFC Bank for providing financial solutions (GAME) has received in-principal approval
to Micro, Small, and Medium Enterprises from the Small Industries Development
(MSMEs). Bank of India (SIDBI) for designing and

 The Hongkong and Shanghai Banking structuring a sustainable and scalable Non
Corporation Limited, India (HSBC India) or
.

Banking Finance Company (NBFC) Growth (NITI) Aayog, World Bank, Korean-World
Accelerator Program (NGAP). Bank and Korean Economic Development
 The SAMCO Asset Management Private Cooperation Fund (EDCF) to finance

Limited has launched India’s first actively MSMEs in the Electric Vehicles (EV) space.
managed momentum fund – SAMCO Active  ESAF Small Finance Bank, a leading small
Momentum Fund. finance bank in India, has adopted e-

 In a move aimed at providing significant signature for micro-loan disbursals.
relief to non-government salaried  According to the data released by the
employees, the central government has National Payments Corporation of India

announced a substantial increase in the (NPCI),the governing body of Unified
limit Rs 25 lakhs for tax exemption on leave Payment Interface (UPI) - India's prominent
encashment. digital payment network 9 billion
 The global credit ratings major Moody transactions have been made through UPI
projected that the Indian economy is in May, 2023.

expected to clock a 6-6.3% growth in June  The Reserve Bank of India (RBI) has
quarter, and flagged risks of fiscal slippage imposed a penalty of Rs 2.20 crore on
arising from weaker than expected state-owned Indian Overseas Bank (IOB)
government revenues in the current fiscal. for non-compliance with income recognition
 The India’s insurance regulator, Insurance and other deficiencies in regulatory
Regulatory and Development Authority of compliance.

India (IRDAI), grants license to conduct life  Punjab National Bank (PNB) has become
insurance business in India to Go Digit Life the first public sector bank to introduce an
Insurance Limited. Interactive Voice Response (IVR)-based
 Small Industries Development Bank of India Unified Payment Interface (UPI) solution -
(SIDBI) has launched mission EVOLVE UPI 123PAY, aligning with the Digital
(Electric Vehicle Operations and Lending Payment Vision 2025 towards a cashless
for Vibrant Ecosystem) in association with and cardless society.
National Institution for Transforming India  In a first-of-its-kind move in the banking
.

sector, Indian Overseas Bank (IOB) has Debit Card.
launched a Unique feature named 'My  Capital markets regulator Securities and
Account My Name' for Savings Bank (SB) Exchange Board of India (SEBI) has
account customers. allowed mutual funds (MFs) houses to
 Karnataka Vikas Grameena Bank (KVGB) conduct repo transactions on corporate
has launched a new deposit scheme debt securities, commercial papers (CPs)
named ‘Vikas Ashadeep 400 days’. and certificate of deposits (CDs), in a bid to
 South Indian Bank (SIB) has introduced SIB boost growth of the corporate bond market.
SWIFTe, an innovative and customer-  Insurance Regulator Insurance Regulatory

centric digital account opening platform that and Development Authority of India (IRDAI)
eliminates the hassle of paper-based came out with draft guidelines for 'Bima
documentation. Vahaks (BV)', which seeks to set up a
 Reserve Bank Of India’s (RBI) Committee dedicated distribution channel at the level of
for Review of Customer Service Standards gram panchayats to enhance insurance

has released its report, in that the coverage and create awareness.
committee has proposed that the Deposit  The governor of the Reserve Bank of India
Insurance and Credit Guarantee (DICGC) (RBI), Shaktikanta Das was honoured with
Scheme should be extended to PPIs the title of ‘Governor of the Year’ for 2023
(prepaid payment instruments). by Central Banking Awards 2023 in
 Energy transition platform Amp Energy London.

India has secured up to $250 million (about  Mumbai-based Fino Payments Bank has
₹2,061 crore) from SMBC Bank of Japan entered into a tie-up with Sequoia Capital-
(Sumitomo Mitsui Banking Corporation), backed fintech Hubble to introduce India’s
ICG (Intermediate Capital Group), and AIIB & world’s first spending account.
(Asian Infrastructure Investment Bank).  RING, India's leading digital credit platform
 SBM Bank India unlocked exclusive, on- has partnered with National Payments
invitation access to the world of luxury with Corporation of India (NPCI) to add its newly
the launch of the SBM World Elite Metal launched UPI Plug-in functionality to
.

RING's pre-existing suite of digital services. feature which gives customers the benefit
 As per the data released by the of fixed deposit (FD)-like interest rates of up
microfinance institutions network (MFIN), to 7% per annum with no charges on

Microfinance loan portfolio increased by premature withdrawal.
22% to Rs 3.48 lakh crores during 2022-23.  The Reserve Bank of India (RBI) surveys
 The Reserve Bank of India (RBI) has show an easing of inflation perception and
imposed ₹20 lakhs monetary penalty on a rise in confidence among consumers.
Manappuram Finance for non-compliance  The Reserve Bank of India (RBI) has
with certain provisions of Non-Banking opened a sub-office at Kohima, the capital

Financial Company (NBFC). of Nagaland & it has also announced its
 Motilal Oswal Asset Management Company aim to have an office in Itanagar, the capital
(MOAMC) has launched Motilal Oswal Nifty of Arunachal Pradesh, to strengthen its
Microcap 250 Index Fund, India’s only presence in North East India.
passive fund offering exposure to microcap  The Capital markets regulator Securities
stocks. and Exchange Board of India (SEBI)
 Indian digital payments and financial restricted online bond platform providers
services company, PhonePe officially (OBPPs) from offering products other than
launched the PhonePe Payment Gateway listed debt securities on their Online Bond
with a special limited-period offer for new Platform (OBP).
Micro Small & Medium Enterprise (MSME)  Paytm has introduced a UPI software
merchants. development kit (SDK) for customers to
 The Reserve Bank of India (RBI) stated that make payments to online merchants
Equitas Holdings Ltd has surrendered its without any failure of the system.
Non Banking Financial Company (NBFC)  Union Bank of India (UBI) has launched 4
licence, and accordingly its registration has bank account schemes named Union
been cancelled. Unnati, Union Samriddhi, Union Samman,

 Kotak Mahindra Bank Limited (KMBL) Union SBCHS acknowledges the
announced the launch of its ActivMoney significance of cooperative housing
.

societies, targeting women, women Electricity (Rights of Consumers) Rules,
entrepreneurs and professionals, 2020.
pensioners and cooperative housing  The Bureau of Indian Standards has

societies. published - Food Serving Utensils Made
 NSE International Exchange (NSE IX) from Agri By-Products - Specification,
unveiled a new and refreshed brand identity aimed at reducing plastic pollution and
of GIFT Nifty ( National Stock Exchange promoting sustainability.
FIFTY) as a part of the full-scale transition  The Life Insurance Corporation of India
of SGX Nifty to Gift Nifty from July 3, 2023. (LIC) has launched Dhan Vriddhi, a single-
 One of the largest private sector banks, premium, non-participating endowment
Axis Bank, launched its latest feature, ‘One- plan.
View’, on Axis Mobile Application.  The Asian Development Bank (ADB) has
 The Insurance Regulatory and approved a $295 million loan to widen and
Development Authority of India (IRDAI) upgrade around 265 kilometres of state

introduced modifications to the existing ‘use highways, improving transport connectivity
and file’ procedure for life insurance and safety in the state of Bihar in India.
products.  The Reserve Bank of India (RBI) has

 The Reserve Bank of India (RBI) conducted imposed a monetary penalty of Rs 2.5 crore
a 4-day Variable Rate Repo (VRR) auction on Jammu & Kashmir Bank (J&K Bank), Rs
for a notified amount of Rs 75,000 crore. 1.45 crore on Bank of Maharashtra (BoM),
 The Union Government dismissed media and Rs 30 lakh on Axis Bank for rule
reports which have given details of violations.
pensions being proposed by the Centre for  Manipal Technologies Limited (MTL) has
the Employees under the National Pension partnered with state-owned Indian Bank to
System (NPS). drive financial inclusion by offering
 The Government of India has introduced customised banking products.

two changes to the prevailing power tariff  Aditya Birla Sun Life Insurance Company
system, through an amendment to the Limited (ABSLI), the life insurance arm of
.

Aditya Birla Capital Limited (ABCL), has  The Reserve Bank of India (RBI) imposed
launched a new retirement solution called monetary penalties on 7 co-operative banks
ABSLI Nishchit Pension Plan. ie Textile Traders Co-operative Bank Ltd -

 The World Bank has approved a USD ₹4.50 lakhs, Ujjain Nagarik Sahakari Bank
255.5 million loan for improving the quality Maryadit - ₹1 lakh, Panihati Co-operative
of technical education in government-run Bank - ₹2.50 lakh , The Berhampur Co-

institutions in India. operative Urban Bank - ₹1 lakh, Solapur
 Indian Overseas Bank (IOB), a leading Siddheshwar Sahakari Bank - ₹1.50 lakh,
financial institution, has signed a Uttar Pradesh Co-operative Bank Limited -

Memorandum of Understanding (MoU) with ₹28 lakhs, Uttarpara Co-operative Bank -
the Tamil Nadu State Rural Livelihood ₹2.50 lakh for contravention of/non-
Mission (TNSRLM). adherence with certain norms issued by the
 Canara Bank has become the first Public central bank for the co-operative banks.
Sector Bank (PSB) in India to introduce the  The Reserve Bank of India (RBI) has
facility of Unified Payments Interface (UPI) imposed a monetary penalty of ₹30.00 lakh
payments to merchants through RuPay on Standard Chartered Bank-India for non-
Credit Card in association with the National compliance with certain provisions of the
Payments Corporation of India (NPCI). ‘Reserve Bank of India (Know Your
 The World Bank has approved a loan worth Customer (KYC)) Directions, 2016’.
USD 300 million to help expand and  Kotak Mahindra Bank’s subsidiary, Kotak
improve the quality of education in Mahindra General Insurance Company has
government-run schools in Chhattisgarh. partnered with actyv.ai to offer bite-sized
 The Reserve Bank of India (RBI) has insurance products to new-age Micro, Small
cancelled the banking license of the and Medium Enterprises (MSME)

Karnataka-based Mahalaxmi Cooperative companies in India.
Bank, Dharwad, and allowed it to function  The Reserve Bank of India (RBI) has
only as a Non-Banking Financial Company imposed a monetary penalty on all 4 credit
(NBFC). information companies ie CRIF High Mark
.

Credit Information Services Private Limited  The Guwahati Railway Station in Assam
- ₹25.75 lakh, Equifax Credit Information under North East Frontier Railway has been
Services Private Limited - ₹24.25 lakh, awarded ‘Eat Right Station’ certification by
TransUnion CIBIL Limited - ₹26 lakh, FSSAI in recognition of providing high-
Experian Credit Information Company of quality, nutritious food to passengers.
India Private Limited - ₹24.75 lakhs  NTPC Barauni has achieved a significant
currently operating in the country for non- milestone by securing the first rank in the
compliance with certain provisions of the Best Industry Category at the 4th National
Credit Information Companies/CICs Water Awards.

(Regulation) Act, 2005, read with the CIC  Vice President Jagdeep Dhankhar
Rules, 2006. conferred the fourth National Water Awards
in New Delhi & Madhya Pradesh was
AWARDS AND HONOURS awarded the first prize in the best State
 Hrithik Roshan won Best Actor in a Leading category, in the best district category, the
Role (male) award at the International award was given to the Ganjam District of
Indian Film Academy Awards (IIFA) 2023 Odisha.
held in Abu Dhabi  NITI Aayog and the United Nations in India
 RINL received the "GreenTech Safety signed the Government of India - United
Award 2023" under the safety Excellence Nations Sustainable Development
Category. Cooperation Framework 2023-2027.

 Goa state governor P S Sreedharan Pillai  The Gandhi Peace Prize for the year 2021
honoured Goan writer Damodar Maujo with is being conferred on Gita Press,
the 57th Jnanpith Award, the country's Gorakhpur.
highest literary honour  President Droupadi Murmu Conferred the

 Suriname conferred its highest civilian National Florence Nightingale Awards for
honour to President Droupadi Murmu- The the years 2022 and 2023 to the nursing
Grand Order of the Chain of Yellow Star, professionals at the Rashtrapati Bhavan.
the first Indian to receive this award.  The Ministry of Youth Affairs and Sports
.

has invited nominations for the Tenzing  K. Krithivasan, took charge as the new
Norgay National Adventure Award-TANNA Managing Director (MD) & Chief Executive
2022. Officer (CEO) of the Indian Information

 Prime Minister (PM) Shri Narendra Modi Technology (IT) services company, Tata
was conferred with the ‘Order of the Nile’, Consultancy Services (TCS).
Egypt’s highest honour, by President Abdel  The board of directors of ICICI Bank have
Fattah El-Sisi at the Presidential palace in approved the reappointment of Sandeep
Cairo. Batra as Executive Director (ED) of the
 Renowned musician-singer & Padmashree Bank for a period of 2 years with effect from
Awardee Shankar Mahadevan has been Dec 23, 2023 to Dec 22, 2025.
conferred an honorary doctorate by  The government has extended the tenure of
Birmingham City University (BCU) in Atul Verma as the Director General of the
London, England in recognition of his Competition Commission of India (CCI) for
contribution to music and the arts. 3 months.

 Amarendu Prakash has taken charge as
APPOINTMENTS & RESIGNATIONS the new Chairman and Managing Director
 The Appointments Committee of the of Steel Authority of India Ltd (SAIL)

Cabinet (ACC) has approved the  P Upadhyay assumed charge as Director
appointment of Ashwani Kumar, Executive General of Naval Armament (DGONA) on
Director, Indian Bank as Managing Director June 1, 2023, and replaced KSC lyer, who
(MD) and Chief Executive Officer (CEO) of superannuated on 31 May 2023.
UCO Bank for a period of three years.  Recep Tayyip Erdogan was re-elected as
 The government has appointed Ajay Yadav, the President of Turkey for third
a 2005 batch Indian Administrative Service consecutive time.

(IAS) officer of the Bihar cadre as the  Cricket icon Sachin Tendulkar has been
Managing Director (MD) of Solar Energy appointed as the ‘Smile Ambassador’ for
Corporation of India Ltd. (SECI). the Maharashtra government’s oral hygiene
campaign titled ‘Swachh Mukh Abhiyaan.
.

 National Thermal Power Corporation  TransUnion CIBIL, India’s leading insights
(NTPC) Limited Chairman & Managing and information company, has announced
Director (CMD) Gurdeep Singh has been the appointment of V Anantharaman as

given additional charge of the CMD of North non- executive chairman.
Eastern Electric Power Corporation Limited  Ritu Kalra, an Indian-American investment
(NEEPCO) for a period of 3 months. banking and financial management expert,

 Nirmala Lakshman has been unanimously has been named Harvard University’s vice
appointed as Chairperson of the Board of president (VP) for finance and chief
Directors of The Hindu Group Publishing financial officer (CFO) from July 1,2023.
Private Limited (THGPPL) for a term of 3  Councillor Chaman Lal has become the first
years. ever British-Indian Sikh to take oath as
 Trinidad and Tobago’s ambassador to the Birmingham’s Lord Mayor.
United Nations (UN) Dennis Francis was  Nitin Agarwal, an Indian Police Service
elected as the 78th President of the United (IPS) officer of the 1989 Kerala cadre, has
Nations General Assembly (UNGA). been appointed as the new director general
 Ace Turtle Omni Pvt Ltd., a retail company, (DG) of the Border Security Force (BSF).
has appointed Indian cricketer Smriti  Celeste Saulo of Argentina has been
Mandhana as the brand ambassador of its appointed as the first female Secretary-
Wrangler brand. General (SG) of the World Meteorological
 Janardan Prasad has been appointed as Organization (WMO).

the new Director General of the Geological  The Public Enterprises Selection Board
Survey of India (GSI). (PESB) panel has recommended Sanjay
 Comptroller and Auditor General (CAG) Swarup to be next Chairman & Managing
Girish Chandra Murmu has been re-elected Director (CMD) of Container Corporation of
as External Auditor of the World Health India (CONCOR), a Public Sector
Organisation (WHO) for a 4-year term from Undertaking (PSU) under the Ministry of
2024 to 2027. Railways.
.

 Air Marshal Rajesh Kumar Anand, Vishisht Secretary, Ministry of Ports, Shipping and
Seva Medal took over as Air Officer-in- Waterways in place of Pant.
Charge Administration (AOA).  Senior bureaucrat Atal Dulloo has been

 Former Indian cricket captain Sourav appointed as Secretary, Department of
Ganguly has been appointed as the brand Border Management, Ministry of Home
ambassador of Tripura tourism. Affairs & he will succeed Dharmendra S

 Two-time Olympian and 1962 Asian Games Gangwar, who is due to superannuate on
gold medallist Gurbachan Singh Randhawa June 30, 2023.
resigned as the chairman of Athletics  Rameshwar Prasad Gupta, a 1987-batch

Federation of India (AFI) Selection Gujarat-cadre retired IAS officer, has been
Committee after a tenure of 18 years owing appointed as Chairman & Managing
to his "advancing age". Director, Solar Energy Corporation of India
 Uttam Lal has taken over as Director Ltd. on contract basis for a period of two
(Personnel) at India’s premier hydropower years.

company, NHPC Limited.  Bharat Lal, who is at present Director
 In a major bureaucratic reshuffle, the General of National Centre for Good
government of India (GoI) has appointed Governance, has been appointed as

Pankaj Agrawal as the new Power Secretary General, National Human Rights
Secretary. Commission on contract basis for a period
 Senior Indian Administrative Service (IAS) of 1 year, will succeed Devendra Kumar
officer Sudhansh Pant has been named as Singh, who is due to retire from service on
the new Health Secretary. June 30, 2023.
 Chanchal Kumar, Managing Director (MD)  Debashree Mukherjee will be Secretary,
of National Highways and Infrastructure Department of Water Resources, River

Development Corporation Ltd., has been Development and Ganga Rejuvenation, will
named as the new Civil Aviation Secretary. succeed Pankaj Kumar, upon his
 T K Ramachandran, chairman of V O superannuation on September 30, 2023.
Chidambaranar Port Trust, Tuticorin, will be  Rajat Kumar Mishra, Additional Secretary in
.

the Department of Economic Affairs, has Member Finance, Space Commission &
been appointed as Secretary, Department she will take over the charge from Talleen
of Fertilizers. Kumar, who is due to superannuate on July

 Subhas Chandra Lal Das, Director General 31, 2023.
of Hydrocarbons, will now be Secretary,  Hyundai Motor India Limited (HMIL), India’s
Ministry of Micro, Small and Medium first smart mobility solutions provider and
Enterprises. largest exporter since inception, announced
 Nivedita Shukla Verma, Special Secretary the cricketing youth icon – Hardik Pandya
in the Department of Defence, will be new as its brand ambassador for its sports utility
Secretary, Department of Chemicals and vehicle (SUV), Exter.
Petro-Chemicals.  The Ministry of Steel has given 3 months
 Vibhu Nayar, Additional Secretary & extension to Amitava Mukherjee, Director
Financial Advisor, Ministry of External (Finance) of the National Mineral
Affairs will be Tribal Affairs Secretary. Development Corporation (NMDC) to hold

 S Gopalakrishnan, Special Secretary in the the additional charge of Chairman and
Department of Health & Family Welfare, Managing Director (CMD) mining major
has been appointed as Director General, NMDC and its disinvested company NMDC
National Productivity Council, will replace Steel Limited (NSL) from June 01, 2023 to
Sundeep Kumar Nayak, who will be Aug 31, 2023.
superannuating on July 31, 2023.  India's preferred carrier, IndiGo announced

 Chhattisgarh-cadre IAS officer Renu that its Chief Executive Officer (CEO),
Gonela Pillay will be Secretary, National Pieter Elbers has been elected as the chair-
Commission for Scheduled Castes, Ministry elect of the International Air Transport
of Social Justice and Empowerment, will Association (IATA) Board of Governors.

succeed Upma Srivastava, who retires on  Sanjay Kumar took over as the new director
July 31, 2023. for marketing in state gas utility GAIL (India)
 Pillay's batchmate Seema Jain, presently Ltd.
serving in her cadre state Punjab, will be  Senior diplomat Jane Marriott, has been
.

officially appointed as the new High  The Appointments Committee of the
Commissioner of the United Kingdom (UK) Cabinet (ACC) has approved the
for Pakistan, making her the first female appointment of U Saravanan as Chairman
envoy to hold this position. and Managing Director (CMD) of state-
 A royal decree has been issued to owned National Fertilizers Ltd (NFL).
reappoint Sheikh Ahmad Nawaf Al-Ahmad  A senior Indian Police Service (IPS) officer
Al-Sabah as Kuwait’s Prime Minister (PM). of the Chhattisgarh cadre, Ravi Sinha, has
 Axis Bank has appointed NS been appointed as the new chief of India's
Vishwanathan, former Deputy Governor of external intelligence Research and Analysis

the Reserve Bank of India (RBI), as an Wing or R&AW chief.
independent director and non-executive  The Appointments Committee of the
(part-time) chairman. Cabinet (ACC) has selected State Bank of
 The Reserve Bank of India (RBI) has India (SBI) Managing Director (MD)
approved the re-appointment of P N Swaminathan Janakiraman for the post of

Vasudevan as the managing director (MD) Deputy Governor (DG) in the Reserve Bank
and chief executive officer (CEO) of Equitas of India (RBI) for a period of 3 years.
Small Finance Bank (SFB) for a period of 3  The Reliance Group has appointed Parul
years, from July 23, 2023, to July 23, 2026. Sharma as Group President.
 Gopichand Hinduja has taken over as  Aalok Kumar, Corporate Officer & Senior
chairman of the $34.5 billion-worth Hinduja Vice President (VP), Head of the Global
Group following the death of his brother, Smart City Business, NEC (formerly known
Srichand Hinduja in May 2023. as Nippon Electric Company, Limited)
 Romania's President Klaus Iohannis has Corporation India, has been appointed as a
appointed incumbent Justice Minister member of the Asian Development Bank's

Catalin Predoiu as interim prime minister (ADB) High-level Advisory Group on Digital
(PM) following the resignation of Prime Technology for Development in Asian

Minister Nicolae Ciuca as part of a ruling Countries.
coalition deal for a rotating premiership.  Senior Indian Administrative Service (IAS)
.

officer Amit Agrawal assumed charge as has succeeded Sanjay Kumar, who has
the Chief Executive Officer (CEO) of the taken over as Director (Marketing) in GAIL
Unique Identification Authority of India (India) Limited.

(UIDAI).  The World Health Organisation (WHO) has
 Petteri Orpo, the leader of the conservative appointed Dr Vanessa Kerry as the first-
party in Finland, has been elected as the ever WHO Director-General Special Envoy
country's prime minister by the parliament. for Climate Change and Health.
 Senior retired bureaucrat and former Union  Eddie Wu, chairman of Alibaba’s core
Finance Secretary & Revenue Secretary, Taobao and Tmall online commerce
Hasmukh Adhia, has been appointed divisions, will take over as chief executive
Chairman of Gujarat International Finance officer (CEO) of the Alibaba Group Holding
Tec-City (GIFT City), the entity responsible Limited, or Alibaba.
for developing India’s first smart city Gujarat  DBS Bank India has appointed Rajat Verma
International Finance-Tec City in as managing director and head of

Gandhinagar. institutional banking in India & he will
 “The President of India, in exercise of the succeed Niraj Mittal, who will be taking up a
powers conferred by Section 45(b) of the new role as country head of DBS Bank in
Government of National Capital Territory of Australia.
Delhi (Amendment) Ordinance, 2023, read  Greece's conservative New Democracy
with sub-section 2 of Section 84 of the (ND) party chief Kyriakos Mitsotakis won
Electricity Act, 2003 has appointed Justice the national election & secured a second
(Retd.) Umesh Kumar of Allahabad High four-year term as Prime Minister (PM) of
Court as the Chairperson of the Delhi Greece.
Electricity Regulatory Commission  The Chief Executive Officer (CEO) of Bharti

(DERC),”. Airtel’s enterprise arm Airtel Business, Ajay
 Kamal Kishore Chatiwal has been Chitkara, has resigned from the company.
appointed as the new managing director  Indian-origin satellite industry expert Aarti
(MD) of Indraprastha Gas Ltd. (IGL) & he Holla-Maini was appointed as the Director
.

of the United Nations Office for Outer  Manoj Sashidhar, a 1994 batch IPS officer
Space Affairs (UNOOSA) in Vienna by the of Gujarat cadre, has also been appointed
United Nations Secretary-General Antonio to the post of Additional Director in the CBI
Guterres. for a period of three years.
 Federal Bank’s wholesale banking head  Sharad Agarwal, serving as Joint Director in
Harsh Dugar has been elevated as its the CBI, has received an extension in his
executive director. deputation tenure.
 UN Secretary-General Antonio Guterres
appointed Haoliang Xu of China as RANKING AND REPORTS

undersecretary-general and associate  The Joint Malnutrition Estimates (JME)
administrator of the UN Development report has been released by UNICEF, WHO
Programme (UNDP) & he will succeed and the World Bank
Usha Rao-Monari of India, Associate  Up to 2.3 billion people around the world
Administrator since April 2021. are still using polluting fuels to cook and
 LIC Housing Finance Limited (LIC HFL) has 675 million don’t have electricity, according
appointed Tribhuwan Adhikari as Chief to a report released by five international
Operating Officer (COO) of the company. organizations.

 The Reserve Bank of India (RBI) has given  A report by Mercer's Cost of Living has
its approval to the Federal Bank for the positioned Mumbai as the most expensive
appointment of AP Hota as part-time city in India for expatriates

chairman, with effect from June 29, 2023,  NTPC Limited, India's largest power
till January 14, 2026. generation company, has climbed 52
 Senior Indian Police Service (IPS) officer positions to secure the 433rd rank in
Ajay Bhatnagar has been appointed as Forbes' “The Global 2000” List for 2023.
Special Director in the Central Bureau of  Tata Power Company has emerged as
Investigation (CBI). India’s most ‘attractive employer brand’,

 Anurag, Joint Director in the CBI, will now followed by Amazon and Tata Steel,
be Additional Director in the agency. reveals the findings of Randstad Employer
.

Brand Research (REBR) 2023. Delhi for the development of Phukot Karnali
 IIT Bombay has been ranked 1st in India Hydro Electric Project (480MW) in Nepal
and 149th in the world in QS (Quacquarelli  Soon personnel from government
Symonds) World University Rankings. ministries, departments, agencies and
 According to the global liveability index public sector units will be able to book taxis
2023, Austria's capital Vienna has been for official purposes from cab aggregator
named the world's "most livable city" for Uber as the company has partnered with
2023. public procurement portal GeM to provide
the service.
 A Memorandum of Understanding has been
signed between NHPC Limited and
Department of Energy, Government of
MOUS AND AGREEMENT Maharashtra for the development of
 Tamil Nadu and Japanese companies Pumped Storage schemes and other
signed six MoUs to bring an investment of Renewable Energy Source projects in the
₹818.9 crores in the State. state of Maharashtra
 NTPC Green Energy Limited (NGEL) and  A Memorandum of Understanding (MoU)

Uttar Pradesh Rajya Vidyut Utpadan Nigam was signed between Indian Institute of
Limited (UPRVUNL) signed a memorandum Corporate Affairs (IICA) and Rashtriya
of Understanding (MoU) in Lucknow with an Raksha University (RRU)

aim to collaborate in the development of  Indian Council of Agricultural Research
Renewable Energy Parks and Projects and (ICAR), New Delhi signed a MoU with
to facilitate in Government of India’s efforts Amazon Kisan to combine strengths and
towards energy transition create synergy between the two

 NHPC Limited (A Govt. of India Enterprise) organizations for guiding the farmers on
and Vidhyut Utpadan Company Limited scientific cultivation of different crops for
(VUCL), Nepal signed an MoU optimum yield and income
(Memorandum of Understanding) in New
.

 A Memorandum of Understanding (MoU) engines for the Indian Air Force.
was signed between Directorate General  Indian Railways (IR) is proactively working
Resettlement (DGR) under Department of towards the achievement of Net Zero

Ex-Servicemen Welfare, Ministry of Carbon Emission by 2030.
Defence and M/s Kotak Mahindra Life  NHPC Limited, the largest hydropower
Insurance Company Limited in New Delhi development organization in India, has

 India and Nepal signed seven agreements signed a Memorandum of Understanding
in various fields in June 2023 & these fields with GRIDCO Odisha, Government of
include trade and commerce, cross-border Odisha, for “Development of Pumped

petroleum pipelines, development of Storage Projects (PSPs) and Renewable
Integrated Check Posts and hydroelectric Energy in the State of Odisha”.
projects and payment mechanisms.  Ministry of Agriculture & Farmers Welfare
 The United Nations Development signed an MOU with Pixxel Space India
Programme (UNDP) and the Deendayal Pvt. Limited in the presence of the Shri
Antyodaya Yojana-National Urban Manoj Ahuja, Secretary, DA&FW, Pramod
Livelihoods Mission (DAY-NULM) entered Kumar Meherda, Additional Secretary,
into a collaborative partnership aimed at DA&FW and other senior officers of the
empowering women to make well-informed Ministry at New Delhi.
career choices in the field of  India and Belgium have signed Mutual
entrepreneurship. Legal Assistance Treaties (MLATs) in

 Tribal Cooperative Marketing Development criminal matters which obligates both the
Federation of India Ltd, TRIFED has countries to execute each other’s search
collaborated with the Ministry of Ayush to warrants and summons against fugitives
supply 34,000 yoga mats. wanted by individual investigating agencies.

 US aerospace major, GE Aerospace, has  Directorate General Resettlement (DGR)
signed a Memorandum of Understanding under the Department of Ex-Servicemen

with Indian aerospace company Hindustan Welfare, Ministry of Defence signed a
Aeronautics Limited, to produce fighter jet Memorandum of Understanding (MoU) with
.

IBM to engage ex-servicemen and to  The Heavy-Weight anti-submarine Torpedo
facilitate their seamless integration into the named 'Varunastra', developed by the
civilian workforce. Indian Navy and the Defence Research and

 The Gujarat government has signed a Development Organisation (DRDO),
Memorandum of Understanding with successfully engaged an underwater target.
computer storage chip maker Micron for  The sixth (6th) edition of annual exercise
setting up a USD 2.75 billion semiconductor Ekatha between India and Maldives is
assembly and test facility at Sanand in scheduled to run from June 4 to July 3,
Ahmedabad district. 2023 in Maldives.

 The New Generation Ballistic Missile ‘Agni
DEFENCE NEWS Prime’ or Agni-P was successfully flight-
 The Indian Navy achieved a unique feat tested by Defence Research and
after an MH-60 ‘Romeo’ multi-mission Development Organisation (DRDO) from Dr
helicopter landed on the indigenously-built APJ Abdul Kalam Island off the coast of
aircraft carrier INS Vikrant. Odisha.
 An Indian Navy MiG-29K fighter jet landed  Navies of India, France and the United Arab
on the indigenous aircraft carrier Indian Emirates (UAE) held the maiden trilateral
Naval Ship (INS) Vikrant for the first time at maritime partnership exercise held in the
night, an important step towards the Gulf of Oman.
warship becoming fully operational along  The Joint Bangladesh-United States (US)
with its air wing by the year-end. Naval drill Exercise ‘Tiger Shark 40’ started
 A successful training launch of a Medium- at BNS Nirvik in Chattogram.
Range Ballistic Missile, Agni-1 was carried  The Ministry of Defence (MoD) cleared the
out by the Strategic Forces Command acquisition of 31 MQ-9 Reaper (Predator B)

(SFC) from APJ Abdul Kalam Island, armed drones from the United States of
Odisha. America (USA) during a Defence

Acquisition Council meeting led by Defence
Minister Shri Rajnath Singh.
.

 The Defence Research and Development Ecosystem (INDUS X) was launched at an
Organisation (DRDO) and the Indian Navy event in Washington DC, USA.
successfully showcased the transfer of  Raksha Mantri Shri Rajnath Singh

command and control capabilities of the inaugurated the Integrated Simulator
Tapas Unmanned Aerial Vehicle (UAV). Complex (ISC) ‘Dhruv’ at Southern Naval
 The Indian Army contingent participated in Command, Kochi.

the Multinational Peacekeeping Joint  To commemorate International Day of Yoga
Exercise ‘Ex Khaan Quest 2023’ in (IDY) 23, the Ministry of AYUSH has
Mongolia which is scheduled to be held planned an event ‘Ocean Ring of Yoga’

from June 19 to July 2, 2023 (14 day long (symbolising unity and solidarity) in
exercise). coordination with the Ministry of Defence
 Defence Minister Shri Rajnath Singh and other ministries.
announced that India will gift the  Indian Army took part in Agneyastra 1
indigenously-built in-service missile military exercise in eastern Ladakh.

‘Corvette INS Kirpan’ to Vietnam and both  The Indian Air Force (IAF) carried out
the countries will also collaborate in Exercise ‘Ranvijay’ with a focus on
defence industry cooperation, maritime integration.

security and multinational cooperation.  Indian Naval Ship (INS) Anjadip, the 3rd of
 The Department of Defence Production, the eight Anti-Submarine Warfare Shallow
MoD organized a briefing and interaction Water Craft (SWC) Project, was launched
meeting with the Thailand delegation led by at the Larsen and Toubro (L&T) Kattupalli
Deputy Chief of Air Staff, Royal Thai Air Port, Chennai, Tamil Nadu (TN).
force (RTAF) – Air Marshal Piboon  Indian Naval Ship (INS) Sanshodhak’, the
Vorravanpreecha in New Delhi showcasing fourth of four ships of Survey Vessels

defense industries cutting-edge capabilities (Large) (SVL) Project, being built by Larsen
and fostering bilateral defense cooperation and Toubro (L&T)/ Garden Reach
between two countries. Shipbuilders & Engineers (GRSE) for the
 India-United States Defence Acceleration Indian Navy was launched at Kattupalli,
.

Chennai, Tamil Nadu (TN). Complex 40 (SLC-40) at Cape Canaveral
Space Force Station in Florida, United
SCIENCE & TECHNOLOGY States of America (USA).

 North Korea’s attempt to put its first spy  The Islamic Revolutionary Guard Corps
satellite Malligyong-1 satellite into space (IRGC) of Iran has unveiled its first-ever
failed in a setback to leader Kim Jong Un’s Indigenously made hypersonic ballistic
push to boost his military capabilities as missile, called Fattah, or “Conqueror” (in
tensions with the United States and South Farsi language).
Korea rise.  China has completed the construction of

 An international team of scientists led by the most powerful largest & fastest wind
Professor Abhijit Chakraborty of the tunnel in the world, called JF-22 located in
Physical Research Laboratory (PRL) in the mountainous Huairou district of northern
Ahmedabad, Gujarat has discovered an Beijing, China.
alien planet, which is 13 times bigger in size  Gujarat-based aerospace firm Azista BST
than Jupiter. Aerospace (ABA) launched its maiden
 SpaceX (Space Exploration Technologies satellite Azista BST Aerospace First Runner
Corporation) has launched Falcon 9 rocket (AFR), also called ABA First Runner.
topped with the 52 Starlink spacecraft lifted  In a first of its kind, India-based Kiya.ai,
off from California's Vandenberg Space which is into Artificial Intelligence and other
Force Base, United States of America emerging technology-based solutions

(USA). services, showcased its version of the
 The Indian Institute of Technology (IIT) metaverse called Bharatmeta at the
Madras will set up its first International VivaTech 2023 event held in Paris expo
campus in Zanzibar, Tanzania. Porte de Versailles, Paris, France.

 SpaceX's Falcon 9 rocket successfully  The Council of Scientific and Industrial
launched 22 second-generation Starlink Research (CSIR)-Indian Institute of

satellites, also known as 'V2 Mini' to low- Toxicology Research (IITR) has developed
Earth orbit (LEO) from Space Launch an indigenous innovative rapid
.

haemoglobin detection test kit called tractor/vehicle with a mechanical fuel
'SenzHb'. injection system for both on- and off-road
 India’s first indigenous mRNA vaccine for applications.

the Omicron variant, GEMCOVAC-OM,
developed by Pune-based Gennova ACQUISITIONS & MERGERS
Biopharmaceuticals Ltd, was approved  The Competition Commission of India (CCI)

under emergency use guidelines by the has given its approval for General Atlantic
Drug Controller General of India (DCGI). Singapore ACK Pte. Ltd. (GASACK) to
 The Indian Institute of Technology (IIT) acquire an additional stake in Acko

Kanpur has successfully conducted a test Technology and Services Private Limited
flight for cloud seeding. (Acko Tech).
 Skyroot Aerospace Private Limited  An Indian Institute of Technology (IIT)-
successfully conducted the flight Madras, Tamil Nadu (TN) -incubated
qualification test of the Raman-I engine, space-tech startup, GalaxEye, is building

intended for roll attitude control in the the world’s first multi-sensor earth
Vikram-I rocket. observation satellite named Drishti.
 The Space Exploration Technologies  The Competition Commission of India (CCI)

Corporation (SpaceX) launched 47 Starlink has cleared the proposed deal involving
internet satellites by Falcon 9 rocket lifted Manipal Health Enterprises Private Ltd
off from California's Vandenberg Space (MHEPL) and Manipal Education and
Force Base, California, United States of Medical Group India Private Ltd (MEMG
America (USA). India).
 In a significant advancement towards a  Fair-trade regulator Competition
sustainable and renewable fuel-based Commission of India (CCI) has approved

transport system, researchers at Indian the minority stake acquisition in Lenskart
Institute of Technology (IIT) Kanpur have Solutions by Dove Investments, Defati

successfully developed India's first 100% Investments Holding BV and Infinity
Dimethyl Ether (DME)-fuelled Partners under the green channel route.
.

 Life Insurance Corporation of India (LIC) Banking Finance Company (NBFC) Shriram
has raised its stake in state-owned steel Finance Limited for Rs 1390 crore through
production firm Steel Authority of India open market transactions.

Limited (SAIL) by about 2% through an  Housing Development Finance Corp Ltd
open market acquisition. (HDFC) has sold 90% of its total stake in its
 The Insurance Regulatory and subsidiary HDFC Credila Financial Services

Development Authority of India (IRDAI) Ltd to a consortium of Baring PE (BPEA)
gave its approval to SBI Mutual Fund (SBI and ChrysCapital for Rs 9,060 crores.
MF), along with its group entities, to acquire  Life Insurance Corporation (LIC) has
up to 10% stake in ICICI Lombard General reduced its stake in iron ore producer
Insurance Company Limited (ICICI NMDC formerly National Mineral
Lombard). Development Corporation to 9.62% by
 The Competition Commission of India (CCI) selling a little over 2% stake for about Rs
approves the acquisition of certain 649 crore.

shareholding in Ambit Private Limited  Piramal Enterprises sold its entire stake of
(Target) by Daiwa International Holdings 8.34% in Non-Banking Financial Company
Inc (Acquirer). (NBFC) major Shriram Finance through a

 Leading stock exchange BSE divested a block deal.
4.54% stake in Central Depository Services
Limited (CDSL) for Rs 468 crores through SPORTS NEWS

an open market transaction.  Chennai Super Kings won their 5th IPL title
 Max Life Insurance Company Limited (Max by defeating defending champions Gujarat
Life), a subsidiary of Max Financial Titans by 5 wickets at the Narendra Modi
Services, has picked a 2.99% equity stake Stadium in Ahmedabad

in Capital Small Finance Bank (CSFB) for a  India has won the NSC-CAVA Women’s
consideration of ₹49.50 crores. Volleyball Challenge Cup title

 TPG India Investments II Inc sold its entire  Tamil Nadu will be hosting Khelo India
2.65% stake, or 99.2 lakh shares, in Non Games 2023.
.

 HS Prannoy won the men’s singles at the Mor getting her hand so on the Bronze
$420,000 Malaysia Masters his first Improvising with the small sized-draws,
individual title in six years made him the Manisha bagged Gold in the 65 kg weight
10th different champion in as many BWF category, while India's tally in the series is
World Tour tournaments this year four medals including 1 gold, 1 silver, and 2
 Max Verstappen won the Monaco GP, bronze.

acing the challenging conditions as a rain  Dhanush Srikanth has won the Men's 10
shower hit the track in the closing stages metre Air Rifle on Day 3 of the ongoing
 Top Indian sprinter Amlan Borgohain International Shooting Sport Federation

bagged two gold medals, one each in the (ISSF) World Cup Junior, giving India their
men's 100 and 200-meter races at the third gold of the competition so far
Flanders Cup 2023 athletics meet, known  India showcased its dominance on the
as the International Antwerp Athletics Gala, second day of the Under 20 Asian Athletics
in Merksem, Belgium Championships in Yecheon, South Korea

 Indian shooters Abhinav Shaw and  India’s Siddharth Choudhary clinched gold
Gautami Bhanot have given India their in men’s shot put with a personal best throw
second gold at the ISSF World Cup Junior of 19.52 metres

after winning the final of 10 meter Air Rifle  India finished on top of the International
Mixed Team event in Suhl, Germany Shooting Sport Federation Junior World
 India started their 2023 Asian Under 20 Cup with 15 medals, including six gold, six
Athletics Championships campaign by silver, and three bronze medals, at Suhl,
winning three medals, including two gold, Germany
on the opening day in Yecheon, South  In French Open tennis, World No 1 and top
Korea seed Iga Swiatek of Poland has won the

 Indian grapplers have signed off with three Women's Singles crown
medals in the UWW Ranking Series event  Ace Indian long jumper Murali Sreeshankar
in Bishkek, with Manisha grabbing Gold, secured a creditable third place in the Paris
Reetika finishing second-best and Sarita Diamond League with a jump of 8.09m, in
.

his maiden podium finish in the prestigious and Bindyarani Devi's proposal to train in
one-day meeting series in Paris. St. Louis, USA.
 In Tennis, Serbian Novak Djokovic created  India’s Esow Alben won bronze medal in
history by becoming the first man to Keirin at Finale Bahnen-Tournee 2023
 reach the coveted 23 grand slam title mark Cycling.
with his straight sets win over Casper Ruud  Egypt has retained the World Squash
in the men’s singles final of the French Championship 2023.
Open 2023 in Paris  Indian archer Abhishek Verma clinched the
 In Hockey, India beat Argentina 2-1 in its gold medal in the men's compound
final FIH Pro League 2022-23 match in individual final at the Archery World Cup
Eindhoven, the Netherlands Stage 3 in Medellin, Colombia.
 India defeated four-time champions South  Chief Minister of Goa Dr Pramod Sawant
Korea 2-1 to win their first Women's Junior launched the mascot for the upcoming 37th
Hockey Asia Cup in Kakamigahara, Japan National Games.

 The Indian team comprising 280 members  India's shuttler duo of Satwiksairaj
including 198 athletes has left for Berlin, Rankireddy and Chirag Shetty defeated
Germany to compete at the Special reigning world champions Aaron Chia and
Olympics Summer Games. Soh Wooi Yik of Malaysia to clinch the
 In wrestling, India wrapped up their Indonesia Open Men's Double Title, in
campaign in the U-17 Asian Wrestling Jakarta.

Championships 2023 with one gold, three  Indian men's senior football team clinched
silver and three bronze medals on the final the Intercontinental Cup with a 2-0 victory
day in Bishkek, Kyrgyzstan. over Lebanon in the final at Kalinga
 The Ministry of Youth Affairs and Sports Stadium in Bhubaneshwar.

(MYAS) Mission Olympic Cell (MOC) in the  The National Yoga Olympiad is being
recent meeting approved the foreign organized in Madhya Pradesh ahead of the
training camp for Target Olympic Podium main event on the 9th International Yoga
Scheme (TOPS) athletes Mirabai Chanu Day on June 21 at Jabalpur.
.

 Olympian C. A. Bhavani Devi has created  The Indian women's doubles pair of
history by defeating reigning World Sutirtha Mukherjee and Ayhika Mukherjee
Champion Misaki Emura in the Asian won the World Table Tennis (WTT)
Fencing Championship quarterfinal and Contender tournament in Tunis, after
securing India its first-ever medal at the beating the Japanese pair of Miyuu Kihara
event. and Miwa Harimoto.

 The Taipei Open Badminton tournament  Wanindu Hasaranga of Sri Lanka has
has started at Taipei in Taiwan & HS achieved a remarkable feat in cricket by
Prannoy will lead India's challenge at the becoming the first spinner and second
tournament. overall player in history to take three
 India's top shot putter, Tajinderpal Singh consecutive 5-wicket hauls in the One Day
Toor has set a new Asian shotput record at Internationals (ODIs).
the Inter-State Championships in  The Indian women's doubles pair of
Bhubaneswar. Sutirtha Mukherjee and Ayhika Mukherjee

 In the run up to the International Day of won the World Table Tennis (WTT)
Yoga, 2023 (IDY-2023), Department of Contender tournament in Tunis, after
Youth Affairs, Ministry of Youth Affairs and beating the Japanese pair of Miyuu Kihara
Sports organized “Yoga Mahotsav” at Major and Miwa Harimoto.
Dhyan Chand National Stadium, New Delhi.  In a significant milestone for women's
 At the Special Olympics World Games 2023 Kabaddi, Dubai hosted the world's first
in Berlin, Germany, India added 21 medals international Women's Kabaddi final,
to their overnight tally to take it to 76 (26 featuring the Punjab Panthers vs Uma
gold, 30 silver, 20 bronze) by the end of the Kolkata.
action.
 In the tournament, the men's team, BOOKS AND AUTHORS
composed of Kamal Chawla, Brijesh  Justice Sudarshan Reddy released a book

Damani, and Sparsh Pherwani, secured a titled ‘A Political Biography NTR’
gold medal.
.

 BJP President Jagat Prakash Nadda Manoj Misra passed away at the age of 68
released a book titled ‘Amrutkaal ki Ore’ in in Bhopal, Madhya Pradesh (MP).
New Delhi based on nine Years’  Tonga’s Princess Mele Siu’ilikutapu

Achievements of the Narendra Modi Kalaniuvalu Fotofili has passed away at the
Government age of 75.
 Top Maoist leader Katakam Sudarshan,

OBITUARIES more known by his nom de gurre ‘comrade
 Eminent scholar, linguist, academician and Anand’ in revolutionary circles and public,
writer Vellayani Arjunan passed away at the Passed away at the age of 69.
age of 90 in Thiruvananthapuram, Kerala.  Gufi Paintal, best known for playing
 The renowned industrialist and 'Shakuni mama' in the epic TV serial
philanthropist Karumuttu T Kannan has "Mahabharat", has passed away at the age
passed away at the age of 70. of 79 in Mumbai, Maharashtra.
 The Congress’ lone Lok Sabha member  One of India's first English female news
from Maharashtra, Suresh alias Balubhau presenters on national broadcaster
Dhanorkar passed away at the age of 47 in Doordarshan, Gitanjali Aiyar passed away
New Delhi, Delhi. at the age of 70 in Delhi.

 Sanskrit scholar Ved Kumari Ghai passed  Retired bureaucrat P.V. Valsala Govindan
away in Jammu & Kashmir (J&K). Kutty, who was actively involved in drafting
 A noted theatre actor and director, Amir the Copyright (Amendment) Act, 1999,
Raza Husain has passed away at the age passed away in Thrissur, Kerala.
of 66.  The first recipient of the Ashoka Chakra
 Renowned Hindi & Marathi film Actress from Kerala, Havaldar Alby D'Cruz passed
Sulochana Latkar passed away at the age away at the age of 87.
of 94 in Mumbai, Maharashtra.  Malayalam actor and mimicry artist Kollam
 Renowned environmental activist and Sudhi passed away at the age of 39 in

former Indian Forest Service (IFS) officer Kerala.
.

 Veteran singer and composer Sharda  Renowned sociologist, author and former
Rajan Iyengar, who was best known for her professor of Jawaharlal Nehru University
iconic song Titli Udi from the movie Sooraj, (JNU) in India Imtiaz Ahmad passed away
passed away at the age of 89 in Mumbai, at the age of 83.
Maharashtra.  Advertising industry veteran & the creator of
 Renowned saxophonist Alevoor Sundar the iconic 'Amul Girl' campaign that started
Sherigar has passed away at the age of 76 in the 1960s, Sylvester daCunha, Passed
in Karnataka. away at the age of 80.
 Two-time Oscar-winning United Kingdom  The American co-inventor of Lithium-ion

(UK) actress and former UK politician batteries and a co-winner of 2019 Nobel
Glenda Jackson passed away at the age of prize for Chemistry, John Bannister
87 in London. Goodenough passed away at the age of
 A renowned malayalam actor, primarily 101.
performing comedy roles in Malayalam  Veteran Congress leader and former

films, Poojappura Ravi passed away at the Sultanpur MP Raj Karan Singh has passed
age of 82, in Idukki, Kerala. away at the age of 90.
 A multi award winning cinematographer,  The Rajya Sabha Member of Parliament

photographer, superbike enthusiast, cricket (MP) from Uttar Pradesh (UP) Hardwar
player, coach and administrator, and writer, Dubey passed away at the age of 74 in
Navroze Contractor passed away in a road New Delhi, Delhi.

accident at the age of 80.
 A prominent whistleblower who leaked the
Pentagon Papers, Daniel Ellsberg passed
away at the age of 92.

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Monthly One Liners – June 2023

Monthly One Liners – June 2023

IMPORTANT DAYS commemorate World Day Against Child

 On June 1st, World Milk Day 2023 is Labor

observed all over the world  International Albinism Awareness Day is

the 1st of June every year globe.

the world. Law and Evidence-based Responses".

Day is observed. Combat Desertification and Drought is

Day is commemorated. all over the world as public awareness on

Monthly One Liners – June 2023

Awareness Day is commemorated to raise celebrate music among the public.

Day is commemorated to raise awareness people to pursue careers in the public

of the plight of refugees and the difficulties sector.

theme of this year is "Hydrography - and experiences and galvanize the

International Yoga Day is commemorated marked on 26 June every year to

Monthly One Liners – June 2023

is “Alignment of State Indicator Framework entrance hall of the Constitution Hall of

Goals”. idea of the cosmos.

Outsourcing (ERSO) Pilot initiative has

NATIONAL NEWS been launched by the government

connect Guwahati to New Jalpaiguri. organized by the Ministry of External

for Off-Shore Wind Projects  The Tele-Law program under the

to 6.8% in Q4 of FY23 discovered shards of Painted Gray Ware

Monthly One Liners – June 2023

Board for Hospitals(NABH) accreditation Centralised Laboratory Network (CLN) for

Nations Peacekeeping (UNPK) operations 2022-32

to 3% stake in state-owned coal India of a Regional Office of the Universal Postal

through an offer for sale. Union (UPU) in New Delhi

 According to the latest annual data Muraleedharan, underscored the deepening

than the statutorily-mandated maximum first carbon neutral Village is being

11-year high of 33.6 per cent in 2019 district, Maharashtra.

Monthly One Liners – June 2023

National Institutional Ranking Framework Patowary through video conferencing

by 2030, according to a new report by International Cruise Vessel - MV Empress,

New Cooperation Policy is expected to be  Postgraduate Institute of Medical Education

organized numerous programs to institute in the National Institute Ranking

encourage employees and local Framework (NIRF) Rankings, 2023, by the

communities to embrace sustainable and Ministry of Human Resource Development

Narendra Modi the harbinger of Green Revolution, scales

Highways Shri Nitin Gadkari inaugurated the National Institutional Ranking

between Daboka-Parakhuwa in Assam, in Affairs (CCEA) today approved an increase

Monthly One Liners – June 2023

sector and develop them indigenously, at distance of 28.50 km having 27 stations on

India.  An Indo – Scandinavian Leadership

conference in New Delhi inviting the campus.

India during the Amrit Kaal conference on the theme of 9-years of

thousand Primary Agricultural Credit Gareeb kalyan" focusing on the Steel

 The Cabinet Committee on Economic University of Law, Hyderabad launched a

Monthly One Liners – June 2023

 Union Health Minister Dr Mansukh healthy and resilient ocean.

and Panchkula Modernization and Up-gradation of Cochin

Sarbananda Sonowal launched ‘SAGAR Port Authority, Cochin

monitoring system - in order to accelerate Highways Shri Nitin Gadkari inaugurated

and the evolution of the business Highway 53 at Khamgaon , Buldhana,

India’s Internet economy, from  Union Minister of State (Independent

Company Singh, the Start-up movement promoted by

 The United Nations Development PM Narendra Modi is now reaching every

of 4 ocean innovators to demonstrate the 2-day “Young Start-up Expo” at Udhampur

Monthly One Liners – June 2023

Goa  An art exhibition titled ‘Maharaja’s

country starts in New Delhi Meenakshi Lekhi

crore, as against the normal monthly Conference at Kochi, Kerala, in February,