NATIONAL UPDATES:
1.
National Food laboratory of FSSAI Inaugurated in Raxaul, Bihar: At Raxaul in
Bihar, the union minister for health and family welfare and Chemicals and
Fertilizers Mr. Mansukh Mandaviya, inaugurated the National Food Laboratory of
FSSAI. Under the bilateral agreement between Indo-Nepal, this laboratory was
established to reduce the time of testing of food samples imported from Nepal
to Raxaul. The testing of food was a time taking because the food samples with
legal sanity were sent to the National Food Laboratory of Kolkata. The minister
of agriculture and livestock development in, the Government of Nepal, Mahendra
Rai Yadav, was also present at the inauguration ceremony of the food
laboratory. Key points:
a)
Mr.
Mandaviya addressed the occasion and said that the inauguration of the Food
Laboratory will increase the scope of Nepal to import more food products to
India and connect both the countries with each other by trading more
efficiently.
b)
He
also said that the food laboratory will be accredited by July-August of this
year by the National Accreditation Board for Testing and Calibration
Laboratories (NABL). The laboratory will start testing samples of cereals, fats
and oils, spices, fruits, vegetables, and packaged drinking water very soon.
c)
He
said that India will provide assistance to get National Accreditation Board for
Testing and Calibration Laboratories (NABL) accreditation to the Kathmandu Food
Lab if needed.
d)
The
inauguration of the Food Laboratory in Raxaul was a constant request of the
exporters from Nepal, which the Indian government now fulfills in 2022.
e)
The
inauguration of the National Food Laboratory has fulfilled the wishes of the
neighboring country and it shows the commitment of India to improving the
relationship between the two countries, making it a strong bond economically
and improving the connection between both the countries.
2.
Blue Duke declared as the State Butterfly of Sikkim: Chief Minister
P.S. Golay, during the World Environment Day celebrations, declared Blue Duke
as the State Butterfly of Sikkim. The announcement was made at Saramsa Garden
near Ranipool during the event organized by the Forest department. Blue Duke, a
native butterfly species of Sikkim, edged past another contender Krishna
Peacock to be announced as the State Butterfly of Sikkim.
About the Blue Duke:
a)
The
Blue Duke represents Sikkim with its two unique colours blue representing the
sky and white depicting the snow clad mountains of the Himalayas, it is
befitting to Sikkim and its unique identity.
b)
Blue
Duke is found at an altitude below 1,500 metres in the Himalayas and is
commonly found in places like Pakyong, Passingdong and Hee-Gyathang in Dzongu,
Lingee in South Sikkim and Yangsum in West Sikkim and closer to the State
capital in places like Tadong and Ranka.
c)
Nosang
found the species in 2012, around the area of Nar Bahadur Bhandari Degree
College at Tadong, Gangtok. Since then he has approached both the previous and
the current State government to recognise the butterfly species as the State
butterfly.
d)
Blue
Duke which is also called Bassarona durga durga is unique to Sikkim and Eastern
Himalayas, first discovered in the State in 1858. Blue Duke falls in the
Schedule 2 of Wildlife Protection Act, 1972 and is a highly protected species
of butterfly in the Himalayas.
Note: Sikkim Capital: Gangtok; Sikkim
Governor: Ganga Prasad; Sikkim Chief Minister: PS Golay.
3.
‘Sital Sasthi’ festival being celebrated in Odisha: Sital Sasthi is a
sacred Hindu festival is being celebrated in Odisha. This week-long special
festival highlights the marriage of Lord Shiva and Goddess Parvati. According
to the Hindu calendar, Sital Sasthi is observed on the sixth day of the Jyestha
month during the Shukla Paksha.
About the festival: People observing
this festival believe that Lord Shiva represents the scorching heat of summer
while Goddess Parvati signifies the first rain. So, this holy and lavish
wedding is observed for a good monsoon. Sital Sasthi is a celebration wherein
Lord Shiva and Goddess Parvati are adopted by two families, and their wedding
is solemnised with the involvement of rituals. After the marriage is performed,
the God and Goddess are then carried around the city via a procession
Note: Odisha Capital: Bhubaneswar; Odisha
Governor: Ganeshi Lal; Odisha Chief Minister: Naveen Patnaik.
INTERNATIONAL UPDATES:
1.
THE Asia University Rankings 2022: 4 Indian institutions in top 100: Times Higher
Education Asia University Rankings 2022 was released by the Times Higher
Education (THE). The Indian Institute of Science (IISc), Banglore continued to
be the best institute of the country. It ranked at 42nd place. India was the
third most-represented country, behind Japan and mainland China with 71
institutions. 17 Indian universities topped the list under top 200.
Top 4 universities under top 100:
a)
Indian
Institute of Science Bangalore (42nd)
b)
JSS
Academy of Higher Education and Research (65th)
c)
Indian
Institute of Technology Ropar (68th)
d)
Indian
Institute of Technology Indore (87th)
Globally:
a)
Meanwhile,
Japan is the most-represented nation again this year, with 118 institutions, up
from 116 last year.
b)
China
is home to the continent’s top two universities for the third consecutive year,
with Tsinghua and Peking universities holding on to first and second place,
respectively. Twenty-two of these 30 top-100 Chinese institutions have risen or
stayed stable compared with last year. Overall, there are 97 mainland Chinese
universities in the ranking, up from 91 last year, making it the second
most-represented nation in the table.
c)
Elsewhere,
a Palestinian university is ranked for the first time and Saudi Arabia has
increased its representation in the top 100 from four to six institutions.
2.
Bloomberg Billionaires list: Mukesh Ambani richest in Asia: Reliance
Industries Limited (RIL) Chairman and Managing Director, Mukesh Ambani has
regained the position of India as well as Asia’s richest man, replacing Adani
Group Chairman Gautam Adani. According to the Bloomberg Billionaires Index,
Ambani who has a net worth of $99.7 billion added $9.69 billion in 2022. Mr
Ambani is followed by Gautam Adani on the global billionaire list. Adani is
ranked ninth with Net worth $98.7 billion in the Bloomberg Billionaire index.
Bloomberg Billionaires Index:
Globally
a)
Tesla
CEO Elon Musk remains the world’s richest person with a net fortune of $227
billion.
b)
Amazon’s
Jeff Bezos is the second richest man with a $149 billion net worth, as per the
Bloomberg Billionaires Index.
c)
LVMH’s
Bernard Arnault with $138 billion net worth is the third richest person in the
world followed by Microsoft co-founder Bill Gates with $124 billion net fortune
in the fourth position and legendary investor Warren Buffett in the fifth
position with a net worth of $114 billion.
3.
World Oceans Day: 8th June: The World Oceans Day is celebrated on June 8 every
year across the globe. The day is commemorated to remind people of the
importance of the oceans and the major role they play in everyday life.
“Revitalization: collective action for the ocean” is the theme for World Oceans
Day 2022, a year framed by the UN Decade of Ocean Science and the celebration
of the United Nations Ocean Conference, two years after being cancelled because
of the pandemic.
World Oceans Day History: The concept of
World Oceans Day was first proposed by the UN in 1992 at the Earth Summit in
Rio de Janeiro. It was suggested that a day be observed to raise awareness
about the crucial role oceans play in our lives and ways in which people can
help protect them. Since 2002, the World Ocean Network has built support for
ocean awareness events on June 8 with the help of sponsorship from UNESCO’s
Intergovernmental Oceanographic Commission. On December 5, 2008, the UN General
Assembly passed a resolution to designate this day.
OTHER UPDATES:
SPORTS
1.
Rajasthan CM introduced Rajiv Gandhi Khel Ratna Award in the State for
Sportspersons:
Rajasthan Chief Minister (CM) Ashok Gehlot has announced that the state
government is set to introduce the Rajiv Gandhi Khel Ratna Award to the State’s
sportspersons. He made the announcement while addressing the inauguration and
player award ceremony at Sawai Mansingh Stadium in Jaipur, Rajasthan.
The CM inaugurated Rajasthan
High-Performance Sports and Rehabilitation Centre, Renovated Synthetic Hockey
Astro Turf and Badminton Indoor Hall, Olympic and also awarded Para Olympic
medalists, Asian Games-2022 and Commonwealth Games-2022 players. He also
informed that Rajiv Gandhi Rural Olympics will commence on 29th August 2022 in
which more than 27 lakh players of all ages can participate. He also released
the torch of the Rural Olympic during the event.
Note: Chief Minister of Rajasthan: Ashok
Gehlot; Governor: Kalraj Mishra.
BANKING AND FINANCE
1.
Digital Payments in India expected to increase triple by 2026: The digital
payment markets in India are expected to increase triple from the current three
trillion dollars to ten trillion dollars in the coming four years, which is by
2026. This was confirmed by the report issued by PhonePe after the
collaboration with Boston Consulting Group (BCG), the report was titled
‘Digital Payments in India: A $10 trillion opportunity. The report highlights
the growth of India’s digital payments in the last five years. The growth in
five years has resulted in aiming those digital payments will aim to
constituting two out of three payment transactions by 2026.
Key points of the report:
a)
The
report highlights the in-depth scenario of the growth of digital payments in
India and focuses on factors and enablers to understand and unleash the
potential of digital payments and its massive growth in the Country.
b)
The
head of the strategy and investor relations, PhonePe, Karthik Raghupathy said
in the report that “This report is part of the PhonePe Pulse initiative, which
was launched last year, in our effort to give back to the fintech ecosystem.
c)
PhonePe
Pulse has been received by all the key stakeholders in the ecosystem. As India’s
fintech platform we have seen the growth of a unified payments interface (UPI)
over the last few years.
d)
UPI
has helped with India’s transition to non-cash payments when it comes to both
person-to-person (P2P) and person-to-merchant (P2M) transactions.
e)
UPI
saw about a nine times transaction volume increase in the past three years,
increasing from five billion transactions in FY19 to about 46 billion
transactions in FY22: accounting for more than 60% of non-cash transaction
volumes in FY22. This indicates that digital payment has gained acceptance
across the country.
2. A
Manimekhalai appointed as MD of Union Bank: The government has appointed A
Manimekhalai as managing director of Union Bank of India. Canara Bank executive
director Manimekhalai replaced Rajkiran Rai G, who retired on May 31 after a
five-year stint. With her assuming the charge, Manimekhalai becomes the first
woman managing director of Union Bank of India.
Note: Union Bank of India Headquarters:
Mumbai; Union Bank of India Founded: 11 November 1919.
BUSINESS AND ECONOMY
1.
Airtel Payments Bank partnered with Muthoot Finance to offer gold: Airtel Payments
Bank has partnered with Muthoot Finance to offer gold loans through Airtel
Thanks app. There will be no-processing charge on the loan. Muthoot Finance
will provide up to 75 per cent of the pledged gold value as a loan. The loan
facility will also be available at the 5 lakh banking points for Airtel
Payments Bank. Under the Partnership:
a)
The
partnership will give access to secured and affordable credit to customers
looking for quick liquidity against their gold assets.
b)
The
latest offering, which will add to Airtel Payments Bank’s digital banking
product portfolio, would enable easy credit access for the payments bank’s
customers.
c)
With
this partnership, Airtel Payments Bank customers can get hassle-free gold loans
with zero processing fees from Muthoot Finance.
d)
Muthoot
Finance gives as much as 75 per cent of the pledged gold value as a loan.
Customers get doorstep disbursals for loan amounts of Rs 50,000 and above.
Note: Airtel Payments Bank Founded: January
2017; Airtel Payments Bank Headquarters: New Delhi; Airtel Payments Bank
Managing Director & CEO: Anubrata Biswas.
AWARDS AND HONOURS
1.
IIFA awards 2022: The
International Indian Film Academy Awards (IIFA) held in Abu Dhabi. This year
the IIFA 2022 Awards was hosted by Salman Khan, Maniesh Paul and Riteish
Deshmukh. Sidharth Malhotra’s Shershaah dominated the awards this year, with
the film winning in as many as five categories. Sardar Udham, Mimi and Ludo won
in two categories each. List of the winners of IIFA 2022:
Best Actor (Male): Vicky Kaushal (Sardar
Udham)
Best Actor (Female): Kriti Sanon (Mimi)
Best Director: Vishnuvaradhan (Shershaah)
Best Film:
Shershaah
Best Playback Singer Female: Asees Kaur for
‘Raataan Lambiyan’, (Shershaah)
Best Playback Singer Male: Jubin Nautiyal
for song ‘Raataan Lambiyan’, (Shershaah)
Best Lyrics: Kausar Munir for ‘Lehra Do’,
83
Best Music Direction: A R Rahman for
Atrangi Re and Jasleen Royal, Javed-Mohsin, Vikram Montrose, B Praak, Jaani for
Shershaah
Best Male Debut: Ahan Shetty (Tadap)
Best Female Debut: Sharvari Wagh (Bunty Aur
Babli 2)
Best Story Adapted: Kabir Khan, Sanjay
Puran Singh Chauhan for 83
Best Original Story: Ludo by Anurag Basu
Best Supporting Actor Female: Sai Tamhankar
(Mimi)
Best Supporting Actor Male: Pankaj Tripathi (Ludo)
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