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Welcome to today’s Daily Current Affairs in Hindi and English PDF for 5 July 2023. In this article, we will provide you with a comprehensive summary of the top news and events that have taken place across various fields.
Today’s Daily Current Affairs in Hindi and English PDF | 5 July 2023
IIT-Madras Partners with OpenMentor to Bring Online Education and Virtual Reality to Rural UP Students
IIT-Madras and OpenMentor are collaborating to teach students in rural Uttar Pradesh using online classes and virtual reality. The initiative aims to bridge the knowledge gap caused by the Covid-19 pandemic. Lessons in language, math, and science have been conducted in 100 villages, employing VR headsets and interactive sessions to enhance student engagement and understanding. The project is supported by IIT Madras Pravartak Technologies Foundation, a non-profit organization backed by the Indian government’s Department of Science and Technology.
PM Modi to Flag Off 25th Vande Bharat Express: Boosting Connectivity Between Gorakhpur and Lucknow
Prime Minister Narendra Modi will inaugurate the 25th Vande Bharat Express, which will connect Gorakhpur and Lucknow in Uttar Pradesh. The new semi-high speed train is expected to have a positive impact on education, tourism, and business in the region. The train is set to cover a distance of over 270 km in less than four hours, significantly reducing travel time compared to existing trains. This comes shortly after the launch of the first Vande Bharat Express connecting Ranchi and Patna, aimed at enhancing connectivity between the two states of Jharkhand and Bihar.
Startup20 Gurugram Summit Concludes: India Passes Torch to Brazil, Saudi Arabia Supports $1 Trillion Milestone
The Startup20 Shikhar Summit in Gurugram successfully concludes, with India passing the torch to Brazil for the next year. Saudi Arabia becomes the first country to support the goal of investing $1 trillion annually in the global startup ecosystem by 2030. The summit emphasizes the importance of startups in driving innovation and economic growth. The Policy Communiqué outlines key action points to support startups, including creating a definition framework, increasing access to capital, and prioritizing inclusion. The summit also features startup showcases and cultural performances.
University of Jaffna and IIT Madras Forge Academic Collaboration with MoU
The University of Jaffna and IIT Madras have signed an MoU to foster academic collaboration and promote research initiatives. The agreement includes student and faculty exchanges, focusing on cross-cultural learning experiences and academic diversity. Joint research in renewable energy and the establishment of an incubation cell are also part of the collaboration. This partnership is a significant milestone for both institutions in their pursuit of academic excellence and research advancements.
Human Rights Crisis: Iran Executes 354 Individuals, Raises Concerns for Baluch Minority
Iran Human Rights group reports 354 executions in Iran during the first half of 2023, with a significant increase compared to previous years. Drug-related charges accounted for a majority of the executions, including a disproportionate targeting of the Baluch minority. Official media sources reported only a fraction of the executions, indicating a likely higher number. Human rights advocates call for urgent international attention to protect the rights and lives of individuals facing the death penalty in Iran.
Sri Lanka Receives $250 Million World Bank Loan for Budget Support
Sri Lanka receives the first tranche of a $250 million budget support loan from the World Bank. The loan is part of a larger agreement to borrow a total of $500 million for budget support and $200 million for welfare support. The funds will be disbursed in two tranches and are tied to conditions set by the IMF. Last year, Sri Lanka defaulted on its external debt commitments, but India provided humanitarian assistance and financing assurances.
Indian Chamber of Food and Agriculture and Ras Al Khaimah Sign MoU to Enhance Agri-Collaboration, Boosting UAE-India Relations
The Indian Chamber of Food and Agriculture (ICFA) and Ras Al Khaimah of UAE have signed an MoU to enhance collaboration in the agriculture sector. The partnership aims to promote mutual growth and development through knowledge exchange, trade promotion, investment, and research and development collaboration. The collaboration will provide opportunities for Indian companies to share sustainable farming techniques with the UAE. The MoU will also facilitate promotional activities, business matchmaking, and research and development collaborations. The agreement strengthens UAE-India relations and boosts Indian presence and investment in the UAE.
Lebanese Armed Forces Visit Southern Naval Command: Strengthening Interoperability and Training Collaboration
A delegation from the Lebanese Armed Forces, led by Brigadier General Hussein Bazzi, is visiting the Southern Naval Command in Kochi and the Indian Naval Academy in Ezhimala. They are discussing interoperability and collaboration in training with Indian naval officials. The delegation is also observing training facilities and infrastructure, including simulators, and will later proceed to explore cooperation in naval training at the Indian Naval Academy.
UAE-India Economic Summit Strengthens Trade Relations and Promotes Growth
The UAE-India Economic Summit in Abu Dhabi has strengthened trade relations and opened doors for increased investments. The summit focused on various topics, including startups, sustainability, green energy, capital markets, and stressed asset resolution. The event highlighted India’s commitment to its national economy through the Amrit Kal vision, which aims to leverage emerging sectors for growth. The Comprehensive Economic Partnership Agreement between the UAE and India has reinforced trade ties and led to significant growth in bilateral trade. The UAE has become a major investor in India, showcasing the agreement’s impact on economic growth. The summit served as a platform to explore further collaboration and bilateral cooperation between the two nations.
UAE Establishes Ministry of Investment to Boost Economic Competitiveness
The UAE establishes a new Ministry of Investment to attract investments and enhance competitiveness. It will propose policies, implement programs, and work with relevant authorities to support business objectives and investment policies.
REC Extends ₹4,785 Crore Loan for HPCL Rajasthan Refinery’s Greenfield Project in Barmer
REC Limited has extended a loan of ₹ 4,785 crores to HPCL Rajasthan Refinery Limited (HRRL) for a refinery and petrochemical complex in Barmer, Rajasthan. The project involves setting up various facilities and aims to produce clean fuels and petrochemical products. The loan is part of a consortium arrangement, and REC Limited’s share is ₹ 4,785 crores.
CCI Approves Acquisition of Marnix Lux by Concentrix Corporation: A Significant Merger in Customer Experience Services
The Competition Commission of India (CCI) has approved the acquisition of Marnix Lux by Concentrix Corporation. Shareholders of Marnix Lux will also hold approximately 22% shareholding in the combined company. Concentrix Corporation is a USA-based company providing customer experience services, while Marnix Lux is the parent company of Webhelp S.A.S., specializing in business process outsourcing services. The detailed order of the CCI will be released later.
Ajit Agarkar appointed Chairman of Senior Men’s Selection Committee: Former India All-Rounder Takes Charge
Ajit Agarkar has been appointed as the Chairman of the Senior Men’s Selection Committee by the Cricket Advisory Committee (CAC). The committee unanimously recommended Agarkar for the position, considering his experience as a former India all-rounder and his achievements in international and domestic cricket. He was part of the victorious T20 World Cup squad in 2007 and holds records for the fastest half-century by an Indian batter in ODIs and the fastest to reach 50 ODI wickets. Agarkar previously served as the Chief Selector for the senior Mumbai Team and worked as a coach for the Delhi Capitals. The recommendation for his appointment as Chairperson was based on his seniority in terms of Test matches played.
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