Daily News

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K. Rajaraman appointed as new chairperson of IFSCA

The government announced the appointment of K Rajaraman as the next Chairperson of the International Financial Services Centres Authority (IFSCA).

His appointment is for a period of three years. He succeeds the first IFSCA Chairperson Injeti Srinivas who led the authority since 2020.

At present, the GIFT IFSC is the maiden international financial services centre in India.

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Third G20 Culture Working Group meeting in Hampi, Karnataka

The 3rd G20 Culture Group (CWG) meeting began in Hampi, Karnataka on July 9.

An exhibition titled “Woven Narratives” is being organized as part of the 3rd G20 CWG Meeting. The exhibition’s theme focuses on the third priority outlined by the CWG - ‘Promotion of Cultural and Creative Industries and Creative Economy’.

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The first two CWG meetings were held at Khajuraho and Bhubaneswar.

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Education Ministry releases Performance Grading Index for Districts combined report for 2020-21 & 2021-22

Education Ministry on 9th July 2023 released the PGI-D combined report for 2020-21 and 2021-22.

The PGI-D structure comprises of total weight age of 600 points across 83 indicators, which are grouped under 6 categories. These categories are further divided into 12 domains.

PGI-D grades the districts into ten grades. Highest achievable Grade is Daksh & lowest is Akanshi-3.

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PGI-D report for 2018-19 and 2019-20 has been released before this.

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ONDC onboards CCIC allowing access to its handloom and handicraft products

The Central Cottage Industries Corporation has been on-boarded to Open Network for Digital Commerce (ONDC), allowing users to purchase handicrafts and handloom products.

Central Cottage Industries Corporation of India Ltd. (CCIC) is a public sector undertaking under the Ministry of Textiles.

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Latvia: Edgars Rinkevics sworn in as EU’s first openly gay president

In Latvia, longest-serving Foreign Minister Edgars Rinkevics became the first openly gay head of state in the European Union(EU). Rinkevics sworn in as the country's new President who has pledged to fight for inclusion and equality.

Rinkevics was foreign minister from 2011 until his official resignation in July 2023.

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Latvia capital is Riga.

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3rd Trade and Investment Working Group Meeting begins in Kevadia, Gujrat

After the successful completion of two TIWG meetings, the 3rd meeting will take place from July 10th–12th in Kevadia, Gujarat.

The three-day meeting will be attended by more than 75 delegates from G20 member countries, invitee countries, regional groupings and international organisations.

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In archery, Parth Salunkhe becomes first Indian to win Youth World Championship in recurve category

Parth Salunkhe became the first male archer to win a gold in the recurve category at the Youth World Championships as India finished with their highest-ever tally of 11 medals. The 19-year-old from Satara in Maharashtra defeated Korean Song Injun in the Under-21 men's recurve individual final, Limerick, Ireland.

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Canada Open 2023: Lakshya Sen beats Li Shi Feng in straight sets to clinch title

Indian Badminton player Lakshya Sen defeated China's Li Shi Feng in straight sets 21-18 and 22-20 to clinch the men's singles title at the Canada Open 2023.

21-year-old Lakshya Sen triumphed over the reigning All England Champion Li Shi Feng by winning the first set by 21-18 and the second set by 22-20.

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Abhishek Choudhary’s Vajpayee: The Ascent of the Hindu Right 1924-1977

The early years of late Prime Minister Atal Bihari Vajpayee are captured in a new biography, Vajpayee: The Ascent of the Hindu Right 1924-77, by Abhishek Choudhary.

The book published by Picador India was released in May 2023.

This first volume lays out 53 years of Vajpayee’s life, spanning from 1924 to 1977.

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Belgian tennis great Justine Henin receives the Philippe Chatrier Award

The International Tennis Federation has awarded Justine Henin its highest honor, the Philippe Chatrier Award.

Henin won seven Grand Slam singles titles, an Olympic gold medal, and was part of Belgium's team that won the Fed Cup now called the Billie Jean King Cup in 2001.

The award, named after the former ITF president, was introduced in 1996.

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India, Tanzania begin trade settlements in local currencies

External Affairs Minister S. Jaishankar on July 8 said that India and Tanzania have started trade settlements in local currencies and this new initiative will help in promoting commerce between the two countries.

Addressing industry leaders at a function, the Minister said India-Tanzania bilateral trade has seen very strong growth, and stood at $6.4 billion in 2022-23.

Did you Know

Tanzania:
Capital: Dodoma;
Currency: Tanzanian shilling.

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NHB operationalises Rs 10,000-crore Urban Infrastructure Development Fund(UIDF)

The National Housing Bank (NHB) has operationalised the Rs 10,000-crore UIDF announced in this year’s Budget for creation of urban infrastructure in tier-2 and tier-3 cities.

As many as 459 tier-2 cities with population of 50,000 to less than a lakh and 580 tier-3 cities with population of one lakh to less than a million as per 2011 census are covered under UIDF as of now.

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Interest rate on UIDF loans has been kept at bank rate minus 1.5%.

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National Fish Farmers Day - July 10

National Fish Farmer’s Day is celebrated on 10th July every year to recognize and appreciate the invaluable contributions of fish farmers, aquaculture industry professionals and other stakeholders.

NFFD honours Professor Dr. Hiralal Chaudhury and his colleague Dr. K. H. Alikunhi who had guided the induced breeding and reproduction in Indian Major Carps in 1957 on this day.

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