Spiritual leader J P Vaswani, head of the Sadhu Vaswani Mission has passed away.
He is known for actively promoting vegetarianism and campaigning for animal rights.
The Mission runs several educational institutions and has offices across the world.
Vaswani had initiated a global peace initiative, ‘The Moment of Calm’.
His birthday is also observed as World Forgiveness Day.
Inhabitants of Masiakhali village in Odisha’s Ganjam district practice traditional ritual of ‘bengei nacha’ or frog dance to appease the rain gods.
According to the old tradition, Bengei Nacha is believed to bring rains.
Odissi is one of the many forms of Indian classical dance from the state of Odisha.
The Natya Shastra mentions many regional varieties, such as the south-eastern style known as the Odhra Magadha which can be identified as the earliest precursor of present day Odissi.
RISE 2018, Asia’s largest tech event is currently going on in Hong Kong, Asian business capital.
It helps Indian start ups to secure funds either for kick-starting their business or expanding their businesses.
Hong Kong is an autonomous territory of People's Republic of China.
Currency: Hong Kong dollar
Industrial production growth slipped to a seven-month low of 3.2% in May mainly on sluggish performance of manufacturing and power sectors coupled with poor offtake of fast moving consumer goods (FMCG).
The Index of Industrial Production (IIP) was revised down to 4.8% in April from previous estimates of 4.9%.
IIP is released by the Central Statistics Office (CSO).
In "State Finances: A Study of Budgets of 2017-18 and 2018-19," the central bank noted that States’ consolidated gross fiscal deficit (GFD) overshot the budget estimates in 2017-18 due to shortfalls in own tax revenues and higher revenue expenditure.
The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government. While calculating the total revenue, borrowings are not included.
The Securities and Exchange Board of India (SEBI) made it mandatory for stock brokers to accept client funds only by way of bank or electronic transfers such as cheques and mobile banking.
It is aimed at encouraging paperless and cashless stock market trading.
The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992.
Chairman- Ajay Tyagi
Airtel Payments Bank has received the requisite approvals from the Reserve Bank of India to start onboarding customers.
It has also been permitted by the UIDAI to resume onboarding customers using Aadhaar based e-KYC.
MD and CEO of Airtel Payments Bank- Anubrata Biswas
Headquarters- New Delhi
Hima Das got India its first ever track gold at a global event by winning the 400 metre final at the World U20 Championships in Tampere, Finland.
She has joined an elite club of Indian athletes who have won medals at the World U20 Championships.
World U20 Championships is a biennial world championships for the sport of athletics organised by the International Association of Athletics Federations.
Reliance Industries (RIL) joined Tata Consultancy Services (TCS) in the $100-billion market capitalisation club.
RIL has also become the world’s eight-biggest oil and gas company.
TCS, currently valued at $110 billion, entered the $100-billion market capitalisation club in April, 2018.
HDFC Bank, India’s third most-valuable company is next in line.
The government has decided to limit the incentives available to Unified Payments Interface from Rs 750 a month to just Rs 150 per person in the full life cycle.
The scheme has also been limited to only BHIM app users now as opposed to all banks participating earlier.
Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood.