NATIONAL UPDATES:
1. NSE Indices launches India’s first EV index to
facilitate: Index provider NSE Indices launched
a new thematic index called Nifty EV & New Age Automotive index. The 33-stock
index will track the performance of companies which form a part of the electric
vehicle (EV) ecosystem or are involved in the development of new-age automotive
vehicles or related technology. Bajaj Auto, Tata Motors, Mahindra &
Mahindra and Maruti Suzuki are the top four components of the index.
2. India Endures Second-Hottest Year on
Record in 2023:
India’s temperatures rose incredibly quickly in
2023, making it the second-hottest year on record since records started 122
years ago. All four seasons, including winter and summer, had unusually high
temperatures during this time. Record-Breaking Temperatures Across the Nation A
..
INTERNATIONAL UPDATES:
1. Adani Ports signs 30-year concession pact to operate
Tanzania Port Terminal: Marking its third foray into international ports, Adani
Ports and Special Economic Zone (APSEZ) will operate and manage
Container Terminal 2 at the Dar es Salaam Port, Tanzania, through its
subsidiary Adani International Ports Holdings Pte Ltd. The concession agreement
for 30 years has been signed with the Tanzania Ports Authority. Through a joint
venture formed with Abu Dhabi Ports Group and East Harbour Terminals Ltd last
year, India’s largest port operator has also bought the Hong Kong-base
2. 1 June – Global Day of Parents: The Global Day of
Parents is observed on 1 June every year. The United Nations General
Assembly established this day in 2012 to express international awareness about
the importance of parenthood and to promote the healthy development of children
by their parents. The day was established to highlight the parents’ significant
role in their children’s development and promote their healthy growth and
development. The General Assembly also emphasized the importance of parental
support and involvement in the education and development of children.
3. 1 June – World Milk Day: World Milk Day is
celebrated every year on 1 June. This day is dedicated to the dairy
industry and the products they sell. It is a day to start a conversation about
how accessible, affordable, and nutritious milk is around the world. World Milk
Day, established by the Food and Agriculture Organization (FAO) of the United
Nations, has been observed across the world since its inception in 2001. Milk
is a staple of many cultures, and it is used in a variety of ways, including
drinking, cooking, and making ice cream. It is also a significant source of
calcium, vitamin D, and potassium, which are essential nutrients for human
health.
4. World Health
Assembly Approves Global Organ Transplant Strategy: The 77th World Health Assembly made news when it
approved a draft resolution to make organ donations, including those using
tissues and human cells, more available around the world. This project is aware
of the differences in the number of.
5. Zelenskyy Secures
Military Pacts With Sweden, Norway: President Volodymyr Zelenskyy of Ukraine recently
signed long-term security agreements with Sweden and Norway. These agreements
show that Western countries are committed to helping Ukraine in its ongoing war
with Russia. At the time of this event, Western partners were
OTHER UPDATES:
SPORTS
1. England’s Brydon Carse banned for three months for
betting violations: England paceman Brydon Carse has been banned from
all cricket for three months for betting violations. Brydon Carse, who signed
an England central contract in October, accepted the charges of placing 303
bets on various cricket matches between 2017 and 2019. Carse, who signed an
England central contract in October, accepted the charges of placing 303 bets
on various cricket matches between 2017 and 2019, though not on games in which
he was playing.
SCIENCE AND TECHNOLOGY
1. NASA, ESA
Develop Standardized Lunar Time System: Under the Artemis program, NASA and the European Space
Agency (ESA) are working together to set up a regular time system for the moon.
The goal of this new idea is to help people go back to the Moon soon, ..
2. OpenAI Unveils
ChatGPT Edu for Universities: OpenAI
recently announced the release of ChatGPT Edu, a more advanced version of its
AI-powered robot designed to work in school settings. Their newest technology,
GPT-4o, is at the heart of this project, which started on May 30. Its goal ..
3. DoT Plans Drone,
Balloon Trials for 5G Emergency Connectivity: Currently, the Department of Telecommunications (DoT)
is looking into new ways to use drones and tethered balloons to quickly restore
5G connection after emergencies and natural disasters. In these kinds of
situations, normal internet services can get interrupted, and this
BANKING AND FINANCE
1. India’s fiscal deficit in FY24 improved to 5.6% of
GDP: Govt data: India’s fiscal deficit stood at Rs 16.54 lakh crore in FY24 as against
the budgetary target of Rs 17.86 lakh crore. With this, the fiscal gap has
reached 95.3 per cent of the budgetary target, data from the Comptroller
General of Accounts showed. The central government’s fiscal deficit stood at
5.6 per cent of GDP in FY24, below the revised estimate of 5.8 per cent. The
centre’s net tax receipts for FY24 were higher than projected at Rs 23.27 lakh
crore, and 100.1 per cent of the year’s target.
2. Canara Bank gives approval to dilute 14.50% stake in
insurance unit: Canara Bank has granted an approval for initiating
the process of diluting its 14.50 per cent stake in its subsidiary Canara HSBC
Life Insurance Company Ltd. The bank has accorded approval for initiating the
process of diluting 14.50 per cent stake of the Bank in its subsidiary Canara
HSBC Life Insurance by listing the company in Stock Exchanges (BSE/NSE) through
initial public offer (IPO). Earlier in the day, the lender’s Board approved the
raising of Rs 8,500 crore via debt instruments (Additional Tier I / Tier II
Bonds) for the financial year 2024-25.
AWARDS AND HONOURS
1. NIMHANS awarded Nelson Mandela
Award for Health Promotion for 2024
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