Get the latest daily current affairs in Hindi and English for 1 July 2023. Stay informed with the important news and download the PDF to stay updated.
Welcome to the daily current affairs update for 1 July 2023. In this article, we will provide you with the most relevant and important news from various fields, presented in both Hindi and English. Stay informed and enhance your knowledge with the daily current affairs PDF.
- National
- Banking on World Heritage Exhibition: Connecting Youth to Cultural Heritage through Currency Notes
- The exhibition ‘Banking on World Heritage’ was inaugurated at IGNCA in New Delhi. It displays banknotes from G20 member nations featuring UNESCO world heritage sites. The exhibition aims to connect youth to their heritage through physical currency notes. The Minister of Culture and External Affairs, Smt. Meenakashi Lekhi, emphasized the importance of India’s way, ‘Vasudhaiva Kutumbakam,’ for progress and survival. The exhibition highlights the collective effort of G20 countries in preserving heritage. It coincides with India’s 75th year of independence and UNESCO’s 50th year of the World Heritage Convention. The exhibition educates about culture and heritage through banknotes, promoting inclusivity and unity in diversity. The coins showcased also contribute to understanding ancient Indian history. IGNCA organized a panel discussion to complement the exhibition.
- Tomato Grand Challenge Hackathon: Innovating the Tomato Value Chain for Affordable Prices
- The Indian government has launched the Tomato Grand Challenge Hackathon to generate innovative ideas for improving the tomato value chain and ensuring affordable prices. Students, researchers, industry professionals, and startups are encouraged to participate. The challenge aims to address various aspects of the tomato value chain, including cultivation, market insights, cultivar selection, processing, packaging, and transportation. The competition is divided into two tracks: one for students and faculty members, and another for industry individuals, startups, and professionals. The winning ideas will be evaluated, developed into prototypes, and implemented on a large scale. The tomato industry in India faces price seasonality due to variations in production across regions, temporary supply chain disruptions, adverse weather conditions, and fluctuating demand.
- Development of Ayodhya Airport: Completion by September 2023 for Enhanced Connectivity and Cultural Heritage
- The development of Ayodhya Airport is set to be completed by September 2023. The airport will be able to accommodate A-320/B-737 type of Aircraft and is being built at a cost of Rs.350 crores. The project includes runway extension, an interim terminal building, ATC tower, fire station, car parking, and a new apron. The terminal building will have an area of 6250 sqm and can handle 300 passengers during peak hours. It will be equipped with passenger facilities, sustainability features, and architectural elements representing the upcoming Ram temple. Union Minister Jyotiraditya M. Scindia expressed confidence in the project’s contribution to regional development, tourism, and the cultural heritage of Ayodhya.
- Subansiri Lower Hydroelectric Project Nears Completion: Dam Construction Achieved till Top Level
- The Subansiri Lower Hydroelectric Project in Arunachal Pradesh and Assam, being executed by NHPC Limited, has achieved construction of the dam until the top level of Elevation Level (EL) 210 M. More than 90% of the project work has been completed, and the remaining work on radial gates will be done after the monsoon season. The project is expected to start generating electricity by the end of the financial year 2023-24. Construction of the project was initially halted due to local protests but resumed in October 2019 after clearance by the National Green Tribunal.
- Government Issues Guidelines for Safe & Trusted Internet: Ensuring Cybersecurity in India
- The Indian government has issued guidelines on information security practices to ensure a safe and trusted cyber space for its users. These guidelines apply to government entities, public sector enterprises, and other government agencies. They serve as a roadmap to reduce cyber risks, protect citizen data, and improve the cybersecurity ecosystem. The guidelines cover various security domains and include best practices and guidelines prepared by the National Informatics Centre. They are part of India’s larger cybersecurity framework and aim to support the country’s digital economy.
- Law Students Successfully Complete Internship at Department of Legal Affairs, New Delhi
- Law students completed their internship at the Department of Legal Affairs in New Delhi and were honored by Mr. V.K. Sharma, JS&LA. They shared their experiences and learnings during their tenure.
- Banking on World Heritage Exhibition: Connecting Youth to Cultural Heritage through Currency Notes
- International
- India Post and Canada Post Launch International Tracked Packet Service for E-commerce Exports
- India Post and Canada Post have launched the International Tracked Packet Service (ITPS) to facilitate e-commerce exports. The service, operational from July 01, 2023, aims to support small businesses and promote product exports. India Post already offers this service with 38 partner countries, and Canada will be the 39th. The ITPS rates are economical, starting at Rs 400 for the first 50 gms and Rs 35 for every additional 50 gms, providing affordable shipping solutions for up to 2 kg and volume-based discounts for contractual customers.
- Sri Lanka Implements 14.2% Electricity Tariff Reduction Starting July 1st
- The Public Utilities Commission of Sri Lanka (PUCSL) has approved a 14.2 percent reduction in electricity tariffs starting from July 1st. The reduction will vary across different usage categories, with lower electricity users receiving a 65 percent reduction for consuming 0-30 units per month. The PUCSL has also urged electricity companies to ensure accurate billing for condominium residents based on their tariff categories. The tariff reduction is a response to the availability of cheaper coal imports due to the appreciating Rupee.
- Nepal Celebrates 20th National Paddy Day and Cultivation Festival: Focus on Rice Production and Cultural Activities
- Nepal celebrates the 20th National Paddy Day and Paddy Cultivation Festival, focusing on rice production and cultural activities. The government aims for self-sufficiency in rice production through various measures. Prime Minister Dahal emphasizes climate-resilient paddy species and technology development. Nepal imports a significant amount of Basmati Rice from India.
- India Post and Canada Post Launch International Tracked Packet Service for E-commerce Exports
- Business
- New Tariff Values for Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver: Tariff Notification No. 47/2023-CUSTOMS (N.T.)
- The Central Board of Indirect Taxes & Customs has issued Tariff Notification No. 47/2023-CUSTOMS (N.T.) regarding the fixation of tariff values for various commodities including edible oils, brass scrap, areca nuts, gold, and silver. The notification introduces new tables with revised tariff values for different goods. The amendments will be effective from July 1, 2023.
- Amendment to Customs Act: Date Extended to September 2023
- The Central Board of Indirect Taxes and Customs has amended a notification regarding the Customs Act. The amendment changes the date from 30th June, 2023 to 30th September, 2023. This amendment modifies the previously published notification from March 2023, which was last amended in April 2023.
- Amendment to Customs Notification: Effective Date Changed to October 1, 2023
- Notification No. 48/2023-Customs (N.T.) amends the previous notification No.19/2022-Customs (N.T.) by changing the effective date from July 1, 2023, to October 1, 2023. Several previous notifications have been mentioned in the text.
- Government of India Treasury Bills Auction Schedule for September 2023: Dates and Details
- The Government of India announces the calendar for the auction of Treasury Bills for the quarter ending September 2023. The total amount for the auction is ₹3,12,000 crore, with varying amounts for different maturities. The government has the flexibility to modify the schedule based on market conditions and other factors. Changes will be communicated through press releases. The auction will follow the terms and conditions specified by the government.
- ADNOC Distribution and HPCL Join Forces to Expand Lubricants Business in UAE, India, and Beyond
- UAE’s ADNOC Distribution has partnered with HPCL to expand its lubricants business in the UAE, India, and other markets. ADNOC Distribution aims to tap into India’s significant lubricant market through HPCL’s extensive retail network. The agreement allows both companies to enhance their overseas operations and target 10 key countries for business development in 2023. ADNOC Distribution and HPCL can leverage their expertise and meet the growing demand for lubricants.
- Aadhaar Face Authentication Transactions Soar to 10.6 Million in May, Driving Digital Transformation in India
- In May 2023, Aadhaar-based face authentication transactions reached over 10.6 million, marking a significant increase. The total number of Aadhaar e-KYC transactions surpassed 15.2 billion by the end of May. This technology is being utilized by various entities, including government departments and banks. It offers convenience, speed, and additional security measures, making it a preferred method of authentication. Face authentication also benefits individuals with fingerprint issues and saw 14.86 million Aadhaar updates executed in May. Overall, Aadhaar’s adoption continues to enhance customer experiences and facilitate various services in India.
- Retail Inflation for Industrial Workers Eases to 4.42% in May: Latest Update
- Retail inflation for industrial workers in May eased to 4.42% from 5.09% in April, mainly due to lower prices of certain food items. Year-on-year inflation for the month was 4.42%, compared to 5.09% the previous month and 6.97% during the corresponding month last year. Food inflation stood at 3.24% in May, down from 4.16% in the previous month and 7.92% in the year-ago period. The All India CPI-IW for May 2023 increased by 0.5 points to 134.7, with the maximum upward pressure coming from the Food & Beverages group.
- India’s Key Infrastructure Sectors Experience Slowdown with 4.3% Growth in May 2023
- India’s key infrastructure sectors experienced a slowdown, with a growth rate of 4.3% in May 2023. This decline can be attributed to reduced production in crude oil, natural gas, and electricity. The output growth of these sectors was 4.3% during April-May, compared to 14.3% in the same period last year. The production of crude oil, natural gas, electricity, coal, refinery products, fertilizers, steel, and cement all experienced lower growth rates in May 2023 compared to the previous year.
- New Tariff Values for Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver: Tariff Notification No. 47/2023-CUSTOMS (N.T.)
- Sports
- Indian Youth Activists and Changemakers Win Diana Awards in UK
- Several Indian youth activists, humanitarians, and entrepreneurs have been named winners of the Diana Awards in the UK. The awards, created in memory of Princess Diana, honor young individuals who inspire and mobilize others to create positive change. Among the winners are Sanya Saket, founder of ‘Scarlet Udaan’ focused on raising awareness on female genital cutting, and Divaa Uthkarsha, recognized for her humanitarian project providing healthcare to underprivileged children with diabetes. Numerous other young Indians were also recognized for their impactful initiatives in various fields.
- Neeraj Chopra Secures Second Consecutive Diamond League Title in Lausanne
- Neeraj Chopra wins second consecutive Diamond League title in Lausanne with a throw of 87.66m. However, he did not reach the 90m mark. Despite a muscle strain and challenging conditions, Chopra asserted his authority in the prestigious One-day meet. Julian Weber came in second with a throw of 87.03m. The men’s javelin throw will continue in Monaco and Zurich before the Diamond League grand finale in Eugene, USA.
- Elorda Cup Boxing: Vijay Kumar Advances to Semi-Finals; Keisham Singh and Sumit Win Bronze
- Vijay Kumar advances to the semi-finals of the Elorda Cup boxing tournament in Kazakhstan. Keisham Singh, Neema, and Sumit win bronze due to last-minute changes in the schedule. The Boxing Federation of India files a complaint. Sushma will face Fariza Sholtay in the semi-final bout.
- Indian Youth Activists and Changemakers Win Diana Awards in UK
Stay Updated | Daily Current Affairs | 1 July2023
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