Today’s Daily Current Affairs in Hindi & English PDF | 23 June 2023

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Welcome to today’s daily current affairs! In this article, we will provide you with the most important news and events that have occurred on 22 June 2023. It is crucial to stay updated with daily current affairs to have a better understanding of the world around us. Let’s dive into today’s top stories.

1. National
   • TRAI Consultation Paper: Encouraging Innovation in Digital Communication through Regulatory Sandbox
     • The Telecom Regulatory Authority of India (TRAI) has released a Consultation Paper on establishing a regulatory sandbox in the digital communication sector to encourage innovative technologies, services, use cases, and business models. Regulatory sandboxes provide controlled environments for testing new concepts, promoting innovation while ensuring consumer protection. TRAI aims to facilitate the development and deployment of novel technologies in response to the rapidly evolving digital communication sector. The regulatory sandbox will benefit startups by offering real-time network access for testing new applications. The consultation paper presents a draft framework and invites feedback from stakeholders. Comments can be submitted until July 17, 2023, and counter comments until August 01, 2023.
   • Revolutionary Low-Cost Technology for Textile Effluent Treatment: Significant Reduction in Pollution
     • A new low-cost technology using biosurfactants and membrane technology has been developed to treat textile wastewater. The technology, developed by NIT Warangal and Prime Textiles, reduces textile effluent pollution significantly by removing dyes, dissolved solids, suspended solids, and toxic metals. The technology utilizes biosurfactants in a Moving Bed Biofilm Reactor (MBBR) for dye removal and employs cavitation and membrane technology to reduce operational costs and carbon footprint. The pilot-scale setup has shown promising results in removing pollutants, and the treated water can be used for agricultural activities. The technology offers a sustainable solution with lower installation costs and a reduced carbon footprint compared to existing treatment plants.
   • Sardar KM Panikkar ‘NIB’ Essay Competition: Promoting Intellectual Excellence in the Indian Navy
     • The Indian Navy has launched the Sardar KM Panikkar ‘NIB’ essay competition to promote reading, writing, critical thinking, and analysis among its officers. The competition aims to enhance professionalism and knowledge in areas such as national security, international relations, and defense strategy. It is named after Sardar KM Panikkar, a maritime strategic thinker who emphasized the importance of maritime power and naval policy for India’s growth. The competition is open to all officers below the rank of Captain, and the winner will receive a unique badge presented by the Chief of the Naval Staff.
   • Delhi Metro Boosts Operational Speed to 110 KMPH on Airport Express Line, Reducing Travel Time and Enhancing Passenger Convenience
     • Delhi Metro has increased the operational speed on the Airport Express Line from 100 KMPH to 110 KMPH after receiving approval from the Commissioner of Metro Rail Safety. This makes it one of the fastest Metro systems in India. The travel time from New Delhi to the airport has been reduced to 16 minutes, and the city center is now accessible within 15 minutes. The total travel time on the entire Airport Express Line will be reduced to 19 minutes when the maximum speed of 120 KMPH is implemented. This improvement offers convenience and cost savings for passengers, eliminating the need for parking at the airport. The Delhi Metro also provides fast and cashless ticketing options for passenger convenience.
2. International
   • GE Aerospace and HAL Partner to Produce Fighter Jet Engines for Indian Air Force
     • GE Aerospace and Hindustan Aeronautics Limited (HAL) have signed an MoU to produce fighter jet engines for the Indian Air Force. The agreement involves co-producing GE Aerospace’s F414 engines to power the Indian Air Force’s Light Combat Aircraft Mk2. This collaboration strengthens the partnership between India and GE, contributing to closer coordination between the United States and India.
   • Indian Defense Industries Showcase Cutting-Edge Capabilities to Thailand: Strengthening Bilateral Defense Cooperation
     • Indian Defense Industries showcased cutting-edge capabilities to a Thailand delegation led by Air Marshal Piboon Vorravanpreecha. The event aimed to strengthen bilateral defense cooperation, foster mutual understanding, and explore potential partnerships in defense research, technology transfer, and capacity-building initiatives.
   • Dhaka Ranks 7th Least Liveable City in Global Liveability Index 2023
     • Dhaka has been ranked as the 7th least liveable city in the Global Liveability Index 2023, with a score of 43.8 out of 100. The city improved its score compared to the previous year. Vienna tops the list of most liveable cities, followed by Copenhagen, Melbourne, Sydney, and Vancouver. European and North American cities dominate the top rankings, while Osaka is the only Asian city in the top 10. Overall, the average liveability index score has increased after the lifting of COVID-19 restrictions. The index evaluates cities based on stability, healthcare, culture and environment, education, and infrastructure.
   • Dubai’s ‘AI & Web 3.0 Campus’: The MENA Region’s Largest Tech Cluster Attracting 500+ Companies
     • Dubai plans to establish the ‘Dubai AI & Web 3.0 Campus’ to attract over 500 AI and Web 3.0 companies by 2028. The campus aims to be the largest AI and tech cluster in the MENA region, promoting innovation and integrating AI in the financial services industry. The project seeks to contribute to the UAE’s economy, with AI projected to make up 14% of the country’s GDP by 2030. The DIFC’s Innovation Hub provides support for startups, funding opportunities, and favorable regulatory frameworks to foster the growth of the FinTech and innovation sector.
3. Business
   • Introducing Standard IS 18267: 2023 for Agri By-Product Utensils: A Step Towards Sustainability and Environmental Safety
     • BIS introduces Standard IS 18267: 2023 for agri by-product utensils to reduce plastic pollution and promote sustainability. The standard benefits manufacturers, consumers, and farmers by ensuring environmental safety, circular economy, and consumer well-being. The demand for biodegradable cutlery is increasing, and the standard provides guidelines for quality requirements. It covers raw materials, manufacturing techniques, and hygiene requirements, emphasizing the use of agricultural by-products and prohibiting harmful additives.
   • Micron to Invest $2.75 Billion in Gujarat for Semiconductor Assembly and Test Plant, Creating Thousands of Jobs
     • US chip giant Micron plans to establish a semiconductor assembly and test plant in Gujarat, India, with a total investment of $2.75 billion. The construction will begin this year, and the facility will gradually increase its capacity in accordance with global demand. The project is expected to create 5,000 direct jobs at Micron and 15,000 community jobs. The Indian government will provide 50% fiscal support, while the Gujarat government will offer incentives representing 20% of the total project cost. This investment is set to transform India’s semiconductor landscape and generate numerous high-tech and construction jobs.
   • Fitch Ratings Raises India’s GDP Growth Forecast to 6.3% for Current Fiscal Year
     • Fitch Ratings raises India’s GDP growth forecast for the current fiscal year to 6.3% from 6%, citing a stronger first quarter and positive momentum. The growth was fueled by a higher-than-expected GDP growth in January-March, recovery in manufacturing, construction boost, and increased farm output. Fitch projects a growth rate of 6.5% for the financial years 2024-25 and 2025-26.
4. Sports
   • Indian Shuttler HS Prannoy Advances to Taipei Open Quarterfinals; Kashyap and Hemanth Face Defeats
     • Indian shuttler HS Prannoy advances to the quarterfinals of the Taipei Open Badminton tournament after defeating Tommy Sugiarto. Parupalli Kashyap and Tanya Hemanth suffer losses in their respective matches.
   • IOC Withdraws Recognition of International Boxing Association: Implications for Olympic Games and Paris 2024
     • The IOC Session has withdrawn recognition of the International Boxing Association (IBA) based on a comprehensive report that showed the IBA’s failure to meet the IOC’s conditions for lifting its suspension. Consequently, the IBA will not organize the Olympic Games LA28 boxing tournament. However, boxing will still be included in the sports program for the Olympic Games Paris 2024. The IBA’s appeal to the Court of Arbitration for Sport (CAS) was opposed by the IOC, and further comments on the situation are not available at this time.

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