26 June 2024 Current Affairs in English

Today’s Current Affairs – 26 June 2024

26 June 2024 Current Affairs refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 26 June 2024 Current Affairs is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 26 June Current Affairs 2024 lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities.

26th June Daily Current Affairs 2024

26 June 2024 Current Affairs also provides students with insights into issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing the 26 June 2024 Current Affairs not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.

International Day against Drug Abuse and Illicit Trafficking 2024

On June 26 every year, the world comes together for the International Day Against Drug Abuse and Illicit Trafficking, a day declared by the United Nations. This special day is all about joining forces globally to fight against the problems caused by drug abuse and illegal drug trading. People from all walks of life, communities, and organizations work together to stop drug abuse, prevent the illegal drug trade, and help those struggling with addiction. It’s not just a date on the calendar; it’s a commitment to building a world where the harmful effects of drugs are minimized. Read the complete article here.

UN International Day in Support of Victims of Torture 2024

The United Nations International Day in Support of Victims of Torture is observed every year on June 26. The day was first observed by United Nations General Assembly in 1997 to raise awareness about the suffering of people who undergo torture. The day helps to raise awareness that torture is a crime against humanity.

Short debt’s share in total external debt down 2.1 percentage points: RBI

Reflecting the country’s robust external sector profile, the share of short-term debt with an original maturity of up to one year in total external debt declined to 18.5% at end-March 2024 from 20.6% at end-March 2023. The ratio of short-term debt to foreign exchange reserves declined to 19.0% at end-March 2024 from 22.2% at end-March 2023.

India’s external debt stood at $663.8 billion at the end of March 2024, an increase of $39.7 billion over its level at end-March 2023. US dollar-denominated debt remained the largest component of India’s external debt, with a share of 53.8% at end-March 2024, followed by INR-denominated debt (31.5 %), yen (5.8 %), SDR (5.4 %), and euro (2.8%).

The external debt to gross domestic product ratio declined to 18.7% at end-March 2024 from 19.0% at end-March 2023. According to RBI data, loans remained the largest component of external debt, with a share of 33.4%, followed by currency and deposits (23.3%), trade credit and advances (17.9%), and debt securities (17.3%).

India likely to grow at 7.5% in FY25: NCAER

The National Council of Applied Economic Research (NCAER) forecasts India’s FY25 GDP growth at about 7.5%, driven by strong economic activity. NCAER’s Director General, Poonam Gupta, highlighted buoyancy in the first quarter, robust investment policies, and macroeconomic stability.

India’s FY24 CAD reduces to 0.7% of GDP from 2% in FY23, records surplus of 0.6% in Q4

India’s current account deficit improved significantly to 0.7% of GDP, or $23.2 billion in FY24, down from 2% of GDP, or $67 billion the previous year, attributed to a decrease in merchandise trade deficit, according to the Reserve Bank of India. The country’s current account balance showed a surplus of 0.6% of GDP in Q4 FY24, a turnaround from deficits in earlier quarters.

GRSE wins Sustainable Governance Champion Award

Garden Reach Shipbuilders & Engineers (GRSE) Limited has been honoured with the “Sustainable Governance Champion Award” at the Outlook Planet Sustainability Summit & Awards 2024. The Award is a testament to GRSE’s efforts in integrating sustainability into its core operations, driving innovation, and promoting environmental stewardship within the maritime sector.

Mindspace becomes first Indian REIT to issue sustainability-linked bonds

K Raheja-backed Mindspace Business Parks REIT announced that it has raised funds by issuing Sustainability-linked bonds worth Rs 650 crore from the International Finance Corporation (IFC). It became the first Indian real estate investment trust to issue such bonds. The bonds have been issued for the tenure of seven years.

Om Birla Elected As Speaker Of Lok Sabha For 2nd Time

Senior BJP MP Om Birla was today re-elected as the Speaker of the 18th Lok Sabha. Prime Minister Narendra Modi, Leader of Opposition Rahul Gandhi, and Parliamentary Affairs Minister Kiren Rijiju escorted Mr. Birla to the Speaker’s chair. Mr. Birla had previously served as the Speaker in the last Lok Sabha.

Dr Jitendra Launches ‘One Week One Theme’ Campaign Showcasing Recent Success Stories

Dr. Jitendra Singh launched “One Week One Theme” (OWOT) campaign showcasing recent success stories of India in different streams of science and technology. ‘One week One Theme’ is the brainchild of Minister Dr. Jitendra Singh. ‘OWOT’ is built on the legacy and success of the ‘One Week One Lab’ (OWOL) initiative started last year.

ICICI Bank mcap tops $100 bn; becomes only sixth Indian co to hit milestone

ICICI Bank’s market capitalisation crossed the $100-billion mark for the first time, becoming only the sixth company to do so. The private sector lender joins the likes of Reliance Industries, Tata Consultancy Services, HDFC Bank, and Bharti Airtel—the four other domestically listed companies with a market value of more than $100 billion.

Previously, Infosys had also achieved the milestone. After hitting a record high of Rs 1,207, shares of ICICI Bank last closed at Rs 1,199, up 2.5%, valuing the firm at Rs 8.44 trillion ($100 billion).

Over the past year, ICICI Bank’s share price has risen nearly 29%, surpassing the 27% gains of the NSE Nifty 50 and the 20% gain of the Bank Nifty.

Srinagar gets tag of ‘World Craft City’, fourth from country

Srinagar has become the fourth Indian city to be recognised as a ‘World Craft City’ by the World Craft Council (WCC), three years after it was designated as part of the UNESCO Creative City Network (UCCN) for crafts and folk arts. Jaipur, Malappuram and Mysore are the other Indian cities that have previously been recognised as World Craft Cities.

Rashtriya Raksha University inaugurated Bharat Centre of Olympic Research and Education (BCORE) on International Olympic Day

Rashtriya Raksha University (RRU), India’s foremost National Security and Police University, celebrated Olympic Day (June 23, 2024) with the successful inauguration of the Bharat Centre of Olympic Research and Education (BCORE). This landmark event highlighted RRU’s dedication to advancing the Olympic Movement in India and promoting Olympism.

Current Affairs 2024 Quiz

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Daily Current Affairs 2024

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