National Affairs
1. Nitin Gadkari inaugurates Industrial Decarbonization Summit 2022, New Delhi
- Nitin Gadkari (Road Transport and Highways Minister) has inaugurated Industrial Decarbonization Summit 2022 in New Delhi.
- Aim: Carbon Neutrality by 2070
- He emphasized on maintaining balance between ecology, environment and development.
- The government is giving the priority to green hydrogen and using biotechnology to increase the productivity of Biomass.
- With the use of Biomass, nation can make Bio-ethanol, Bio-LNG and Bio-CNG.
Agreement
2. Zomato partners with Jio-bp to accelerate EV adoption
- Zomato has collaborated with the Jio-bp to support Zomato’s commitment towards “The Climate Group’s EV100 initiative of 100% EV fleet by 2030.”
- This partnership will accelerate EV adoption in the rapidly growing Indian delivery and transportation segment.
- Zomato will get the EV mobility services from Jio-bp and access to ‘Jio-bp pulse’ battery swapping stations for last-mile delivery.
- Jio-bp, is the fuel and mobility JV between Reliance Industries Ltd and bp.
National & International Appointments
3. Jio's president, Pramod Mittal appointed as Chairperson for 2022-23 of COAI
- Cellular Operators Association of India (COAI) has appointed Pramod K Mittal (President of Jio Infocomm), as the new Chairperson of the association for 2022-23.
- He will replace Ajai Puri as the COAI Chairperson, who held the position for the two consecutive terms.
- COAI members include Reliance Jio, Bharti Airtel and Vodafone Idea (VIL).
- Chief Regulatory and Corporate Affairs Officer of Vodafone Idea (VIL), P Balaji named as the Vice Chairperson of the association.
Banking & Finance
4. Equitas Small Finance Bank launches exclusive savings account for kids
- Equitas Small Finance Bank has announced to launch an exclusive savings account for kids named ‘ENJOI’.
- Aim: Encourage the young kids to develop the saving habit early.
- The account will be launched on June 19 to coincide with Father’s Day.
- The ENJOI allow kids of 0-18 years to open savings accounts under the supervision of their parents.
- The bank offers 7% interest for savings balances between ₹5 lakh to ₹2 crore.
State Affairs
5. Tamil Nadu government launches Ennum Ezhuthum scheme to fill learning gap
- Tamil Nadu CM, MK Stalin has launched the Ennum Ezhuthum scheme to bridge the learning gap that was created due to the COVID-19 pandemic among students aged below eight.
- Aim: To ensure foundational literacy and numeracy by 2025.
- Under this programme, the education department of state will provide workbooks to students from Classes 1 to 3.
- He has also announced Rs 1,000 incentive for girl students, who are pursuing higher education.
State Affairs
6. Mumbai Airport introduces hybrid power project
- The Chhatrapati Shivaji Maharaj International Airport (CSMIA) has become India's first airport to launch a one-of-its-kind Vertical Axis Wind Turbine (VAWT) & Solar PV hybrid (Solar Mill).
- Aim: Possible utilization of wind energy at the airport.
- This is a pilot program in collaboration with WindStream Energy Technologies India Pvt Ltd.
- WindStream Energy Technologies India Pvt Ltd ensures 24/7 energy generation, harnessing maximum energy through wind power systems.
Banking & Finance
7. RBI lifts business restrictions imposed on Mastercard
- The Reserve Bank of India (RBI) has lifted the restrictions imposed on Mastercard on June 16 citing improvement compliance.
- The RBI had imposed restrictions on Mastercard Asia/Pacific Pte. Ltd. from on-boarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021.
- Reason of restriction: For non-compliance with the RBI circular dated April 6, 2018 on Storage of Payment System Data.
Sports
8. Los Angeles, Toronto, Mexico City named FIFA World Cup 2026 host cities
- Los Angeles, Toronto and Mexico City have been named among the host cities for the 2026 FIFA World Cup in the United States, Canada and Mexico.
- This is the first time when the tournament will be shared by three different countries.
- USA: Seattle, San Francisco, Los Angeles, Kansas City, Dallas, Atlanta, Houston, Boston, Philadelphia, Miami and New York/New Jersey.
- Canada: Vancouver and Toronto.
- Mexico: Gadalajara, Mexico City and Monterrey
Banking & Finance
9. Tamil Nadu becomes the largest State in outstanding microfinance loan
- Tamil Nadu, replaced West Bengal to become the largest state in terms of outstanding portfolio of microfinance loans.
- It was followed by Bihar (₹35,941 crore) and West Bengal (₹34,016 crore).
- The gross loan portfolio of Tamil Nadu as of March 31, 2022 stood at ₹36,806 crore, as per the MFIN Micrometer Q4 FY21-22, a quarterly report published by Microfinance Institutions Network.
- The overall microfinance industry has a total GLP of ₹2,85,441 cr as of March 31, 2022
National & International Organizations
10. Coursera Global Skills Report 2022 released: Switzerland tops
- Coursera has released the latest Global Skills Report (GSR) 2022, which revealed, India’s overall skills proficiency has dipped four places to be ranked at the 68th position globally.
- In Asian countries, India stands at the 19th position.
- West Bengal leads the Indian states in terms of skills proficiency.
- For the second consecutive year, Switzerland had the highest-skilled learners followed by Denmark, Indonesia, and Belgium.
National & International Appointments
11. Govt clears the appointment of new Chief Justices in 6 High Courts
- Justice Vipin Sanghi will be appointed as the Chief Justice of the Uttarakhand HC while Justice Rashmin M Chhaya of the as the Chief Justice of the Gauhati High Court.
- Telangana Chief Justice, Satish Chandra Sharma will be appointed to the Delhi HC.
- Justice Amjad A Sayed and Justice SS Shinde will be elevated as the Chief Justice of the Himachal Pradesh HC and Rajasthan HC respectively.
- Justice Ujjal Bhuyan will take over as the Chief Justice of the Telangana HC.
Banking & Finance
12. Canara HSBC OBC Life Insurance rebranded as Canara HSBC Life Insurance
- Canara, HSBC, and Oriental Bank of Commerce Life Insurance have rebranded and renamed itself as Canara HSBC Life Insurance.
- They launched its first brand campaign #PromisesKaPartner aligned to its new positioning - ‘Powering India to re-imagine their dreams and aspirations’.
- Existing policyholders can use the benefits of its existing policies under the new brand identity.
- Reason: Its third partner Punjab National Bank exit. PNB had acquired the OBC.
Agreement
13. Israel, Haryana Government sign joint declaration on water cooperation
- Israel government has signed a joint declaration with Haryana in integrated water resources management and capacity building.
- The joint declaration was signed by ambassador Eynat Shlein, Head of MASHAV- Israel's Agency for International Development Cooperation, Ministry of Foreign Affairs of the State of Israel and the Irrigation and Water Resources Department, Government of Haryana, India.
- Both countries are celebrating 30 years of full diplomatic relations.
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