NATIONAL UPDATES:
1. Amit Shah addressed “Sahkar Se Samriddhi” conference: Union Home Minister and Minister of Cooperation, Amit Shah addressed “Sahkar Se Samriddhi” conference on the occasion of 102nd International Day of Cooperatives in Gandhinagar, Gujarat. The Ministry of Cooperation organized ‘Sahkar se Samriddhi’ conference on this day to mark the celebration of International Day of Cooperatives 2024. The International Day of Cooperatives is an annual celebration of the cooperative movement around the world. It has been observed on the first Saturday of July (6 July) ever since 1923 by the International Cooperative Alliance (ICA). The theme for the 102nd International Cooperative Day is- “Cooperatives Build a Better Future for All.”
2. India to host 5G, 6G and Emerging Technologies Hackathon in September: India will host the 5G, 6G, and Emerging Technologies Hackathon in September this year alongside the ‘WTSA24 (World Telecommunication Standardization Assembly) Outreach Sessions’. The initiative aims to bring together innovators, industry leaders, and academics to explore the frontiers of next-generation telecom technologies. The hackathon will serve as a hub for cutting-edge innovation in telecommunications. Focused on advancing technologies like 5G and 6G, the event will attract participants from industry, academia, and startups, all aiming to showcase pioneering solutions.
During the 30-hour event to be held in dedicated 5G labs in Delhi, Hyderabad, and Bengaluru, participants will collaborate in a dynamic environment to develop their ideas.
3. What is a Zoonotic Disease?: The root of the Zoonoses word is the Greek word “Zoon” and “nosos”. In Greek “Zoon” means animal, and “nosos” means illness. Thus, Zoonoses refers to a disease that spreads from vertebrate animals to humans and vice versa. Vertebrates are animals with a backbone and a central nervous system partly enclosed within the backbone. Vertebrates include mammals (like humans), amphibians, birds, reptiles, and fish.
4. Madhya Pradesh CM Launches ‘Lokpath Mobile App’ for Road Issues: Mohan Yadav, who is the Chief Minister of Madhya Pradesh, recently launched the Lokpath Mobile App. The goal of this digital project is to quickly fix road problems that people report within seven days.
INTERNATIONAL UPDATES:
1. Keir Stammer elected 58th Prime Minister of the United Kingdom: Keir Starmer has been appointed as the new Prime Minister of the United Kingdom by Monarch King Charles III. Keir Starmer is the 58th Prime Minister of the United Kingdom. Keir Starmer’s Labour Party won a landslide victory in the recently held parliamentary election. He replaced the Conservative Party leader, Rishi Sunak, whose party badly lost the election.
2. Masoud Pezeshkian elected as the new President of Iran: Reformist and moderate leader, Masoud Pezeshkian has been elected as Iran’s new president. The Interior Ministry of Iran declared him the winner of the presidential run-off against rival Saeed Jalili.. In the run-off presidential election, Masoud Pezeshkian secured 53.7 per cent of the votes, and Jalili got 44.3 per cent. The presidential election was necessitated in Iran after the death of President Ebrahim Raisi, foreign minister Hossein Amir-Abdollahian, in a helicopter crash on 19 May 2024. The term of the Iranian President is four years, and he is eligible for re-election.
3. 6 July – World Zoonoses Day: World Zoonoses Day is observed every year on July 6. Objective – To raise awareness amongst the public and the stakeholders about the danger of diseases that can be transmitted from animals to humans. Theme 2024 – One World, One Health: Prevent Zoonoses” On 6 July 1885, the French biologist Louis Pasteur successfully administered the first rabies vaccine to a 9-year-old boy, Joseph Meiste, who had been bitten by a rabid dog. To mark such a momentous event in medical science, every year, 6 July is observed as World Zoonoses Day.
4. 6 July – International Kissing Day: International Kissing Day is observed on 6 July every year. The day is dedicated to the art of kissing and is a way to express love and intimacy. Kissing is a simple act that can have a profound impact on someone’s life. International Kissing Day helps us understand the main motive behind the gesture. It can show how much a person means to you. You can express your love and feelings for a person by kissing them. The history of kissing dates back to 1955 when American and British servicemen in France noticed that French women were more open to kissing than their American and British counterparts. The term “French kiss” was most likely coined by American and British servicemen in France during World War I. However, it is important to note that the French did not have a specific word for the famous mouth-on-mouth until recently.
5. India, Bangladesh to Renegotiate Ganga Waters Treaty: The Ganga Waters Treaty, which India and Bangladesh signed in 1996, will be discussed again. This pact, which is mostly about the fair sharing of water from the Ganga River, which both countries share, needs to be renewed in 2026.
OTHER UPDATES:
SCIENCE AND TECHNOLOGY
1. What is ‘Robot Suicide’?: In South Korea, this has never happened before a robotic government servant working for the Gumi City Council was found broken at the bottom of a flight of stairs. This event, which is now being called a “robot suicide”.
2. SpaceX’s Polaris Dawn Mission: First Commercial Spacewalk: SpaceX plans to launch Polaris Dawn, a commercial space project that is coming up soon. It is a big step forward for civilian space travel because it has the first private extravehicular activity, or “spacewalk,” and its crew.
BANKING AND FINANCE
1. LIC launches agency transformation initiative ‘Jeevan Samarth’: Life Insurance Corporation (LIC) has launched the ‘Jeevan Samarth’, an initiative aimed at transforming the agency ecosystem. To achieve this, Life Insurance Corporation (LIC) has partnered with a global consulting firm, which will undertake this agency transformation project by reviewing its existing agency framework on an end-to-end basis. It will also entail revamping the agency operations at the branch, division and zonal level directed towards establishing global best practices in the wake of the fast-changing industry and regulatory landscape of the insurance sector.
2. RBI imposes Rs 1.31 Cr penalty on PNB: The Reserve Bank of India has imposed a monetary penalty of Rs 1.31 crore on Punjab National Bank for non-compliance with certain directions related to KYC and ‘loans and advances. The Reserve Bank said it conducted a statutory inspection of the bank concerning its financial position as on March 31, 2022.
3. This penalty was imposed for non-compliance with RBI directions regarding ‘Loans and Advances: Statutory and Other Restrictions’ and the ‘Reserve Bank of India (Know Your Customer (KYC) Direction, 2016’. RBI has also cancelled the licence of Shimsha Sahakara Bank Niyamitha, Maddur (Karnataka) in the wake of its worsening financial position. On liquidation, every depositor would be entitled to receive a deposit insurance claim amount of his/her deposits up to Rs 5 lakh from Deposit Insurance and Credit Guarantee Corporation (DICGC).
AWARDS AND HONOURS
1. Foxconn Chairman Young Liu receives Padma Bhushan: Foxconn Chairman Young Liu has received the Padma Bhushan from Manharsinh Yadav of India Taipei Association. Liu was conferred with Padma Bhushan, the third-highest civilian award, on the eve of the 75th Republic Day this year. Foxconn is not only expanding its iPhone production facility but is also setting up a chip plant in a joint venture with HCL Group.
2. Agri-entrepreneur Sopna Kallingal received Spice Award 2024: Sopna Kallingal of Kallingal Plantation, Thrissur, has received Spice Award 2024, instituted by ICAR-Indian Institute of Spices Research. The award has been given to her for her initiatives in enterprise diversification and integrated crop management strategies, promoting a sustainable spice-based cropping system.
Kallingal plantation has a diverse range of crops, embodying a dedication to enterprise diversification and agriculture innovation, according to the award citation. The priority crop in the Kallingal Plantation is nutmeg. However, through an intercropping method, the plantation has optimised space and productivity, integrating nutmeg trees, coconut palms, areca nut and black pepper vines.
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