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Welcome to today’s Daily Current Affairs in Hindi and English PDF. In this edition, we bring you the most important news and events from various fields. It’s crucial to stay updated with current affairs to enhance your knowledge and stay informed about the world around you. So, let’s dive into the latest happenings.
Today’s Daily Current Affairs in Hindi and English PDF | 2 July 2023
National
6th GST Day Celebrations: Union Finance Minister Highlights Success and Benefits of GST
The 6th GST Day was celebrated in New Delhi with Union Finance Minister Smt. Nirmala Sitharaman as the Chief Guest. The Finance Minister emphasized the success of GST in stitching together the diversity of Indian markets and praised the cooperative federalism displayed in GST Council meetings. The CBIC honored 50,000 taxpayers and officers contributing to the success of GST, and 24 officers received commendation certificates. Various officials highlighted the positive impact of GST, including reduced tax burdens and technological advancements. The event showcased presentations, a web-based performance management system, and videos highlighting the benefits of GST.
National Workshop on Industrial Park Rating System: Enhancing Investments and Manufacturing Sector in India
The Department for Promotion of Industry and Internal Trade (DPIIT) successfully organized the National Workshop on Industrial Park Rating System (IPRS) in New Delhi. The workshop highlighted the significance of industrial parks in attracting investments and improving the manufacturing sector’s contribution to the GDP. The IPRS rates industrial parks based on various criteria and has garnered participation from multiple states and union territories. The workshop facilitated knowledge-sharing and capacity building for creating a robust industrial infrastructure in India. Discussions focused on park management, environmental performance, sustainability, and competitiveness, with the aim of promoting economic growth and attracting investments. DPIIT has implemented several initiatives to transform the business ecosystem and enhance India’s presence in the global supply chain.
Indian and French Navies Conduct Maritime Partnership Exercise in Bay of Bengal
Indian Naval ships INS Rana and INS Sumedha conducted a Maritime Partnership Exercise (MPX) with the French Navy ship FS Surcouf in the Bay of Bengal. The exercise included various activities such as tactical maneuvers, air defense, and cross deck helicopter operations. This visit highlights the strong relationship and interoperability between the Indian Navy and the French Navy.
Business
NTPC Achieves Impressive Growth in Coal Production and Dispatch in Q1 2023-2024
NTPC Limited, India’s leading integrated power producer, has achieved a nearly doubled coal production and dispatch in the first quarter of the financial year 2023-2024 compared to the previous year. The company produced 8.48 million metric tonnes (MMT) of coal and dispatched 8.82 MMT during this period. NTPC attributes this growth to various strategies and technologies, including safety measures, improved planning, automation, training, and monitoring systems. The company aims to continue improving its performance and supporting India’s energy goals through innovation and sustainable practices.
IREDA’s 36th Annual General Meeting Showcases Record Achievements in FY 2022-23
IREDA, the Indian Renewable Energy Development Agency Ltd., held its 36th Annual General Meeting in New Delhi. The meeting highlighted IREDA’s achievements in the financial year 2022-23, including record-high loan sanctions, disbursements, profit, and net worth. The company also emphasized its commitment to strong asset quality and showcased improvements in non-performing assets ratios. Additionally, IREDA focuses on partnerships with green energy developers and has launched financing solutions for emerging areas. It upholds corporate governance and transparency standards, publishing its annual audited results within a short timeframe. IREDA’s efficient internal processes and good governance principles contribute to its success.
HDFC and HDFC Bank Merger Creates Fourth-Largest Bank Globally
Housing Development Finance Corp Ltd (HDFC) and HDFC Bank completed their merger, making it the world’s fourth-largest bank by market value. The merger was approved by both boards of directors, and all HDFC employees will now be part of HDFC Bank. The merger includes several key subsidiaries of HDFC Bank. The process began 15 months ago and received approvals from various authorities, including the National Company Law Tribunal and regulators like RBI and Sebi.
June 2023 GST Revenue Hits Rs. 1.61 Trillion, Marks 12% YoY Growth
In June 2023, the gross GST revenue collected is Rs. 1,61,497 crore, recording a 12% YoY growth. The revenue includes CGST, SGST, IGST, and cess. The government settled amounts to CGST and SGST from IGST. The total revenue for the Center and States after settlement is Rs. 67,237 crore and Rs. 68,561 crore, respectively. The revenues from domestic transactions are 18% higher compared to the same month last year. This is the fourth time the gross GST collection has crossed the Rs. 1.60 lakh crore mark. The monthly gross GST collections have shown an increasing trend.
Sports
West Indies Shockingly Fail to Qualify for ICC World Cup 2023: Scotland Emerges Victorious
West Indies, two-time champions, failed to qualify for the ICC World Cup 2023 after a shocking defeat against Scotland. They were bowled out for 181, and Scotland won with 6.3 overs to spare. This is the first time in the tournament’s history that West Indies won’t be among the top 10 teams. Scotland achieved their first-ever win over the Caribbean side in ODIs. Even if West Indies win their remaining matches, they can only reach four points, while Sri Lanka and Zimbabwe already have six. Scotland has four points and hopes to qualify with an upset. In 2019, West Indies managed to avoid embarrassment by finishing in the top two in the qualifier.
SAI’s Swift Action: Olympian Vikas Krishnan Receives Injury Assessment and Surgery Under CAIMS
Olympian Vikas Krishnan received quick injury assessment and surgery under the Central Athlete Injury Management System (CAIMS) facilitated by the Sports Authority of India (SAI). He injured his left distal biceps tendon during a boxing session and underwent surgery for a distal biceps tear. SAI and the Boxing Federation of India covered the full cost of his treatment through the National Campers Insurance scheme. Vikas’s father expressed gratitude for the support provided by SAI and BFI throughout the process.
Yuki Bhambri Secures Maiden ATP Doubles Title with Lloyd Harris at Mallorca Championships
Yuki Bhambri and Lloyd Harris win the Mallorca Championships doubles title, marking Bhambri’s first ATP World Tour victory. The Indo-South African pair defeated Robine Hasse and Philipp Oswald in the final. Bhambri sealed the match with a forehand winner and celebrated the win.
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