Current Affairs June - CSEET

1. Govt launches SWADES scheme for jobs to returning Indians from abroad

2. Govt launches “TULIP” portal to provide internships to graduates, engineers

3. Forbes highest-paid celebrities: Kylie Jenner tops, Akshay Kumar (Rank 52) only Indian on the list

4. Power Minister launches the ‘#iCommit’ initiative on World Environment Day

5. Yes Bank acquires 24.19% stake in Dish TV • PSBs Sanction Loans Worth Rs 10,361 Crore To MSMEs Under ECLGS

6. RBI sets up Payment Infrastructure Development Fund (PIDF) of Rs 500 crore to promote digital payments

7. •India’s GDP may contract by 1.5% in FY21, says RBI survey.

8. Forex reserves surge to all-time high of $493.48 billion.

9. Abu Dhabi’s Mubadala to buy 1.85% stake in Reliance Jio platforms for Rs 9093.6 cr.

10. Silver Lake to buy additional $600 million stake in India’s Reliance Jio Platforms (Total- Rs 10,202.55 crore for a 2.08% stake.)

11. Uday Kotak appointed as CII President; to replace Vikram Kirloskar

12. Kiran Mazumdar-Shaw first woman entrepreneur from India wins EY World Entrepreneur of the Year 2020 Award

13. Mumbai most expensive Indian city for expats, 60th most expensive in World: 2020 Cost of Living Survey

14. NHAI becomes first construction sector organisation to go ‘Fully Digital’

15. NABARD provides Rs 270 crore to Assam Gramin Vikash Bank.

16. Wipro partners with IBM to offer Cloud solutions.

17. Gross direct tax mop up dips 4.92% to Rs 12.33 lakh crore in FY20.

18. Global economy will contract by 5.2% in 2020: World Bank.

19. India’s economy to contract by 3.2% (means -3.2%) in fiscal year 2020-21: World Bank .

20. Adani Green Energy wins world’s largest solar bid worth $6 billion .

21. India becomes 2nd nation to have contact-free ATM cash withdrawals (USA- 1st).

22. India to Launch First-Ever Coal Trading Exchange.

23. Indian economy to grow at 9.5% in fiscal 2021-22: Fitch Ratings.

24. Forex reserves jump $8.22 billion; cross half-a-trillion (500M) mark for first time.

25. India’s economy to contract by 3.7% (means -3.7%) in fiscal year 2020-21: OECD.

26. Jio Platforms sell 1.32% stake to TPG, L Catterton (TPG (Texas Pacific Group) has bought 0.93% stake in digital arm Jio Platforms for Rs 4,546.80 crore, investment of Rs 1894.50 crore by L Catterton 0.39% equity stake in Jio Platforms on a fully diluted basis.).

27. RBI constitutes working group headed by RBI executive director PK Mohanty to review private bank shareholding norms.

28. Exim Bank extends $216 million credit line to Malawi govt

29. India ranks 168th on Environmental Performance Index 2020, Denmark top.

30. NIRF Rankings 2020: IISc (Rank 1), JNU (Rank 2) and BHU (Rank 3) best universities in India.

31. QS World University Rankings 2021: Only 3 Universities IIT, Bombay (Rank 172), IISc, Bangalore (Rank 185), and IIT Delhi (Rank 193) make it to top 200 from India; MIT (USA) retains top.

32. India ranks 56th among 200 countries on Covid-19 safety assessment (Top, Switzerland)

33. Imtaiyazur Rahman is appointed as the CEO of UTI Mutual Fund

34. India ranked 43rd on IMD’s World Competitiveness Index 2020; Singapore on top

35. India becomes founding member of global alliance on Artificial Intelligence.

36. India wins 184 out 192 votes to enter UN Security Council (begin from January 2021.)

37. India 9th largest recipient of FDI in 2019: UN.

38. Airtel Payments Bank launches ‘Suraksha Salary’ account for MSMEs.

39. AIIB approves USD 750 million loan to India for Covid-19 response.

40. Maharashtra signs MoUs with domestic and foreign companies for FDI worth over Rs 16,000 crores: Magnetic Maharashtra 2.0.

41. India’s GDP to contract by 4% (means -4%) fiscal 2020-21: ADB.

42. Reliance sells 2.32% stake in Jio to Saudi wealth fund PIF for Rs 11,367 cr.

43. Sebi panel suggests measures to strengthen enforcement, recovery mechanism (headed by former Supreme Court Judge Anil Dave).

44. Maruti partners with Karur Vysya Bank for flexible financing schemes.

45. France to provide loan of 200 million euros to India to support Delhi’s Covid response.

46. RIL becomes first Indian company to hit $150-billion market cap.

47. Mukesh Ambani Joins Club Of World’s 10 Richest As Net Worth Jumps To $64.6 BN.

48. RIL 57th most valuable firm globally by market-cap; Saudi Aramco tops chart.

49. India becomes 12th largest holder of US govt securities at April end.

50. Hyundai Motor India partners with HDFC Bank to offer online car loans on Click to Buy.

51. Exim Bank extends USD 20.1 mn credit line to Nicaragua govt.

52. Yes Bank partners Affordplan to launch co-branded cashless healthcare card called ‘Swasth Card’.

53. UCO Bank partners with four insurers to sell their products.

54. Former RBI Governor Urjit Patel to take over as chairman of NIPFP (“National Institute of Public Finance and Policy is privileged).

55. Ex-Supreme Court judge DK Jain gets one-year extension as BCCI Ethics Officer and Ombudsman.

56. Yes Bank partners Affordplan to launch co-branded cashless healthcare card called ‘Swasth Card’.

57. UCO Bank partners with four insurers to sell their products.

58. Cooperative banks to be brought under RBI supervision.

59. India's GDP to contract 3.1% in 2020: Moody's.

60. Karnataka Bank launches KBL Micro Mitra for micro enterprises .

61. IMF cuts India GDP forecast for FY21, contract by 4.5%.

62. India GDP could contract 5.3% due to coronavirus 'disorder': India Ratings.

63. Adani Power to acquire US-based AES' 49% stake in Odisha Power for Rs 1,019cr.

64. Govt to provide 2% interest subsidy to 'Shishu' borrowers under Mudra Yojna .

65. NCAER forecasts India’s GDP growth at 1.3% in FY21.

66. India retains position of 3rd-largest economy on PPP basis for 2017.

67. Yes Bank partners with UDMA to launch ‘Yuva Pay’ mobile app.

68. Tamil Nadu, World Bank sign loan agreements worth $250 mn to boost affordable housing projects.

69. PhonePe partners with ICICI Bank on UPI multi-bank model.

70. The 36th ASEAN Summit, being hosted by Vietnam