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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 23 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.
- National
- NTPC Receives ‘Most Preferred Workplace of 2023-24’ Award by Team Marksmen
- NTPC Ltd. has been honored as the “Most Preferred Workplace of 2023-24” by Team Marksmen. The award recognizes NTPC’s excellence in areas such as organizational purpose, employee centricity, growth, recognition, work-life balance, diversity, safety, and trust. NTPC’s commitment to human resource development and its people-centric approach have contributed to its success as an employer. The awards are the result of a consumer study conducted across the industry and highlight NTPC’s exceptional people practices.
- IMD Forecasts Heavy Rainfall in East Central and Northwest India; Southwest Monsoon Advances in Multiple States
- IMD predicts heavy rainfall in East central and Northwest India over the next five days. Southwest Monsoon is expected to advance further in various states including Chhattisgarh, Jharkhand, Bihar, Madhya Pradesh, Uttar Pradesh, Uttarakhand, Maharashtra, Karnataka, and Telangana. Heavy rainfall is also expected in Odisha, Arunachal Pradesh, Assam, Meghalaya, Nagaland, Manipur, Mizoram, Sub-Himalayan West Bengal, Sikkim, and Jharkhand.
- India Liberalizes Policy for Export of Civilian Drones: Boosting Industry Growth and Innovation
- The Directorate General of Foreign Trade (DGFT) in India has simplified and liberalized the policy for exporting civilian drones and unmanned aerial vehicles (UAVs) from the country. This decision aligns with India’s Foreign Trade Policy 2023, which aims to facilitate the export of high-tech items like drones. Previously, all types of drones were restricted for export under specific regulations, but now drones with limited capabilities meant only for civilian use can be exported without requiring a special license. This policy change aims to boost the drone industry in India, promote ease of doing business, and encourage innovation in the field. The detailed procedure for export has been provided on the DGFT website.
- India and US Identify 25 Areas of Technology Partnership, Agree to Open New Consulates
- India and the US have identified approximately 25 areas of technology partnership following discussions between President Joe Biden and Prime Minister Narendra Modi. They have also agreed to open new consulates in respective cities, with the US opening consulates in Ahmedabad and Bengaluru, and India opening consulates in Seattle and two other US locations.
- NTPC Receives ‘Most Preferred Workplace of 2023-24’ Award by Team Marksmen
- International
- Hindustan Aeronautics and GE Aerospace Collaboration: Manufacturing GE-F414 Fighter Jet Engines in India
- HAL and GE Aerospace collaborate to manufacture GE-F414 engines for fighter jets in India, marking a historic defence deal. Prime Minister Narendra Modi expresses gratitude to President Joe Biden for his hospitality during a diplomatic dinner at the White House. An array of prominent individuals attended the dinner, and Modi addressed the American Congress prior to the event. The technology transfer of GE engine manufacturing was cleared by the US government, allowing Hindustan Aeronautics Ltd. to produce engines in India for the Light Combat Aircraft Mark-II program. The engines will also be utilized in the Advanced Medium Combat Aircraft.
- India and US Sign Artemis Accord for Joint Space Mission; Strengthening Bilateral Relations and Advancing Space Cooperation
- India and the US signed the Artemis Accord for space cooperation, leading to a joint mission between ISRO and NASA in 2024. The agreement will strengthen bilateral relations and provide momentum to the space sector. Additionally, investments in semiconductors and quantum technology were discussed. ISRO is likely to collaborate with NASA for a manned mission to the moon by 2025. The Artemis Accords aim to govern civil exploration and advance the Artemis program.
- Hindustan Aeronautics and GE Aerospace Collaboration: Manufacturing GE-F414 Fighter Jet Engines in India
- Business
- Government’s E-Auctions of Wheat and Rice to Control Inflation: Mandatory Declarations and Licenses for Participants
- The government has directed the Food Corporation of India (FCI) to conduct e-auctions of wheat and rice to control inflation. Participation in the auctions requires a declaration in the Wheat Stock Monitoring System portal and a valid FSSAI License. The maximum bidding quantity is 100 MTs, with a minimum of 10 MTs for small processors and traders. The Electronic Money Deposit (EMD) for participation has been reduced by 50%. The e-auction prioritizes local buyers based on GST registration. 4 LMT of wheat is currently offered, and the rice auction will begin on July 5th. Previous wheat auctions resulted in a 19% decrease in prices within 45 days.
- TRAI Consultation Paper: Encouraging Innovative Technologies in Digital Communications
- The Telecom Regulatory Authority of India (TRAI) has released a Consultation Paper on encouraging innovative technologies and services in the digital communication sector. The paper discusses the need for a regulatory sandbox, which allows testing new concepts in controlled environments. The goal is to promote creativity, accelerate the adoption of cutting-edge technologies, and provide an enabling environment for development. The regulatory sandbox aims to help startups by providing access to real-time network environments for testing new applications. The paper proposes a draft sandbox framework and seeks feedback from stakeholders.
- India and US Forge Strategic Partnership in Technology and Defense: Boosting Collaborations and Investments
- India and the US have pledged to boost collaborations in technology, defense, and other fields. They signed an MoU on Semiconductor Supply Chain and Innovation Partnership, facilitating commercial opportunities and research. Micron Technology will invest $825 million in a semiconductor facility in India, and Lam Research plans to train 60,000 Indian engineers. Joint task forces on advanced telecommunications were launched, focusing on Open RAN and 5G/6G technologies. Cooperation includes secure telecommunications, resilient supply chains, quantum technology, and AI. The US supports India’s leadership in the Global Partnership on AI and extends cooperation to scientific infrastructure and biotechnology.
- Government’s E-Auctions of Wheat and Rice to Control Inflation: Mandatory Declarations and Licenses for Participants
- Sports
- India Shines at Special Olympics World Games 2023 with 76 Medals, Including 26 Golds
- India’s medal tally in the Special Olympics World Games 2023 in Berlin reaches 76, including 26 gold medals. Suhalia Parveen secures India’s first medal in Judo. Ranveer Saini, Rahul Agarwal, and Ankush Saha win gold medals in Level 1 Golf with a significant lead. Powerlifting contributes 20 medals, including four golds by V. Harish and Siya Sarode. Roller skating adds 17 medals, with Angelina Mary Poussin winning silver in the 100m event.
- BCCI Announces India’s Squads for West Indies Tests and ODI Series: Rohit Sharma to Lead
- BCCI has announced the Indian squads for the upcoming Test series and ODI series against the West Indies. The Test squad includes players like Rohit Sharma, Virat Kohli, and Ravindra Jadeja, while the ODI squad features Rohit Sharma, Virat Kohli, and Hardik Pandya.
- UpGrad Mumbai Masters Triumph in Global Chess League’s Opening Match in Dubai
- UpGrad Mumbai Masters won a narrow 8-7 victory over Triveni Continental Kings in the opening match of the Global Chess League held in Dubai. This event aims to revolutionize chess by introducing the world’s first chess team franchise. The competition features renowned grandmasters, including Magnus Carlsen and Viswanathan Anand, and adopts a scoring system similar to popular sports like football or cricket. Notable figures present at the event included Saeed Mohammed Hareb, Anand Mahindra, and Arkady Dvorkovich.
- India Shines at Special Olympics World Games 2023 with 76 Medals, Including 26 Golds
- Health
- Joha Rice: A Nutraceutical Powerhouse for Diabetes Management
- Joha rice, cultivated in Northeastern India, has potential benefits for diabetes management due to its ability to lower blood glucose levels. Scientists have explored its nutraceutical properties and discovered essential fatty acids, antioxidants, and bioactive compounds that contribute to its effectiveness. The ratio of omega-6 to omega-3 fatty acids in Joha rice is more balanced compared to other varieties. Rice bran oil made from Joha rice has shown promise in diabetes management. Overall, Joha rice is considered a valuable nutraceutical option for diabetes prevention and management.
- Joha Rice: A Nutraceutical Powerhouse for Diabetes Management
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Stay Updated | Daily Current Affairs – 24 June 2023
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