Daily News

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23 June: United Nations Public Service Day

UN General Assembly designated 23 June as Public Service Day on 2002. Day celebrates the value and virtue of public service to the community, highlights the contribution of public service in the development process & recognizes the work of public servants.

Did you Know

UN Public Service Awards programme was established in 2003.

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23 June: International Olympic Day

Olympic Day is observed on June 23 to draw people's focus on the significance of sports in regular life. World Health Organization recommends that adults age 18-64 do at least 150 minutes of moderate-intensity physical activity throughout the week.

Did you Know

International Olympic Committee was founded in 1894.

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23 June: International Widow’s Day

The United Nations observes 23 June as International Widows Day since 2011, to draw attention to the voices and experiences of widows and to galvanize the unique support that they need. International Widows Day is an initiative of the Loomba Foundation.

Did you Know

Foundation was launched at the House of Lords in London on 2005.

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Defence Minister Rajnath Singh leaves for 3-day visit to Russia

Rajnath Singh will hold talks on ways to further deepen the India-Russia defence and strategic partnership. He will attend the 75th Victory Day Parade in Moscow. Parade will be held commemorate the 75th Anniversary of the victory in the Second World War.

Did you Know

Russian President- Vladimir Putin, Currency- Rouble.

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Union Minister Shri Prakash Javadekar inaugurates Virtual India Pavilion at Cannes Film Market 2020

Indian Participation at Cannes Film Festival 2020- held in France- began with the e-inauguration of the Virtual India Pavilion by Honourable Ministry of Information & Broadcasting Shri Prakash Javadekar. The Festival will be held from 22 - 26 June 2020.

Did you Know

Cannes was called as the International Film Festival until 2003.

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WHO launches ‘PSA’ using popular comedy cartoon star Mr Bean

WHO in partnership with Project Everyone and Tiger Aspect Productions launched a ‘PSA’ using popular comedy cartoon star, Mr Bean. Wash hands, keep your distance physical distancing and show kindness, reminds Mr Bean, voiced by actor Rowan Atkins.

Did you Know

PSA: Public Service Announcement. WHO HQ: Geneva, Switzerland.

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Biocon ties up with DKSH for distribution of seven products in Singapore, Thailand

Bio-technology major Biocon on Monday said it has inked a pact with market expansion services provider DKSH for distribution of seven generic products in Singapore and Thailand. Biocon Pharma Limited is a subsidiary of the bio-tech firm.

Did you Know

Biocon Founder: Kiran Mazumdar-Shaw.

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L&T Hydrocarbon Engineering signs MoU with KBR for refinery projects

L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro (L&T), has signed an MoU with NYSE-listed KBR to build modular process plants for refinery and petrochemical projects. KBR, Inc. is an American company.

Did you Know

L&T is headquartered in Mumbai, Maharashtra.

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78th Golden Globe awards postponed to February 2021 due to COVID-19 pandemic

The Golden Globe Awards ceremony for film & television has been postponed to February 2021. The Golden Globes ceremony, which kicks off Hollywood’s awards season, will now take place on 28th February instead of its usual slot on the 1st Sunday in January.

Did you Know

It is presented by the Hollywood Foreign Press Association.

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World famous Rath Yatra begins in Puri amid restrictions in wake of Coronavirus pandemic

The rituals for the most celebrated and the world-famous Rath Yatra have started. The Pahandi ritual has also begun. The chariots of the Lords Jagannath & Balabhadra and Goddess Subhadra will be pulled only by the selective servitors and police officials.

Did you Know

Jagannath Rath jatra at Puri is an Odia festival.

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Budgam DM inaugurates two-day Sensitization-cum-Awareness Workshop

In Jammu and Kashmir, the Budgam District Magistrate inaugurated two-day Sensitization-cum-Awareness Workshop for service providers affiliated with different types of business activities, particularly shopkeepers all across the district.

Did you Know

District Disaster Management Authority (DDMA) is the organizer.

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Karnataka pegs priority sector credit requirement at Rs 2.55 lakh Cr for FY21

Karnataka pegged its annual priority sector credit requirement at Rs 2,55,940 Cr for FY 2020-21, up 20%, as compared to previous year’s Rs 2,12,517 Cr. As of March 2020, Karnataka has secured 3rd position in India with respect to Mudra loan disbursement.

Did you Know

Tamil Nadu and Uttar Pradesh secured the first & 2nd spots.

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Educational Initiatives launches AMP2020 for everyone

Educational Initiatives (EI) is all set to launch a web-based mentorship programme- Asset Mentorship Programme (AMP) 2020- for varsity college students (in Grades 6-12) to allow them to develop a coherent instructional path.

Did you Know

The programme might be delivered on the ‘Edmodo’ platform.

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Karnataka Bank launches new loan product for small firms

Private sector lender Karnataka Bank launched ‘KBL Micro Mitra’ to offer financial assistance of up to Rs 10 lakh to micro manufacturing & service enterprises either to meet their working capital needs for investment purposes. Karnataka Bank HQ- Mangalore.

Did you Know

Karnataka Bank MD & CEO- Mahabaleshwara MS.

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Centre Re-nominates Tata Sons’ Chandrasekaran to RBI Central Board for 2 years

Government nominated Natarajan Chandrasekaran as a part-time non-official director on the RBI’s central board. Chandrasekaran, who was the COO of the TCS earlier & now the Chairman, has been appointed as the official director for the period of two years.

Did you Know

The RBI’s central board currently has 15 directors.

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Colin Shah appointed new chairman of GJEPC

Gem and Jewellery Export Promotion Council (GJEPC), under the aegis of the Commerce Ministry, announced the appointment of Colin Shah as Chairman of the apex trade body for the sector. Vipul Shah has been named Vice Chairman of GJEPC.

Did you Know

The new management will have a tenure of two years till 2022.

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Nikhil Rathi, Indian-origin chief of the London Stock Exchange, appointed as CEO to UK’s financial regulator

UK Chancellor of the Exchequer Rishi Sunak appointed Indian-origin chief of the London Stock Exchange Nikhil Rathi as the new chief executive of the UK’s Financial Conduct Authority (FCA). He will succeed FCA’s interim CEO Christopher Woolard.

Did you Know

FCA operates independently of the UK Government.

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IFTAS announces the appointment of Shri T. Rabi Sankar as Chairman & Dr N Rajendran as CEO

Indian Financial Technology & Allied Services, a wholly owned subsidiary of Reserve Bank of India announces the appointments of Shri. T Rabi Sankar as the Chairman and Dr N Rajendran as the CEO of the organization effective May 15 & May 27 respectively.

Did you Know

IFTAS manages the INFINET (Indian Financial Network).

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Standard Chartered appoints Gaurav Maheshwari as CFO-India

Standard Chartered Bank, India, has appointed Gaurav Maheshwari as its new Chief Financial Officer (CFO) effective June 22, 2020. Maheshwari has taken over from Subhradeep Mohanty, who was promoted as the CFO for the Africa & Middle East (AME) region.

Did you Know

Zarin Daruwala- Standard Chartered Bank CEO, India.

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US Senate confirms Dr Sethuraman Panchanathan as head of National Science Foundation

The US Senate has confirmed eminent Indian American scientist Dr Sethuraman Panchanathan as the Director of the National Science Foundation, a top American body supporting fundamental research in non-medical fields of science and engineering.

Did you Know

He will replace France Cordova, whose term ended in March.

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WWE announces The Undertaker’s retirement

Veteran wrestler The Undertaker allegedly has announced his retirement from the World Wrestling Entertainment (WWE) and this time it seems legit. The Undertaker fought his last match against AJ Styles at WrestleMania 36.

Did you Know

The Undertaker's Real Name is Mark "William" Calaway.

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Iraqi football legend Ahmad Radhi dies after battling COVID-19

Iraqi football legend Ahmed Radhi has died because of complications after he was diagnosed with COVID-19, the highly infectious respiratory disease. The footballer scored what remains Iraq's only World Cup finals goal in 1986 against Belgium.

Did you Know

Radhi led Iraq to victory in the Gulf Cups of 1984 and 1988.

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Veteran Kerala singer and actor Pappukutty Bhagavathar dies at 107

Veteran Kerala theatre artist, actor and singer Pappukutty Bhagavathar passed away in Kochi at the age of 107. The veteran artist had acted in over 25 Malayalam movies. He is popularly known among peers as the 'Kerala Saigal'.

Did you Know

He had performed in more than 10,000 plays.

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NITI Aayog, ITF to launch ‘Decarbonising Transport in India’ for reducing carbon emissions

NITI Aayog and International Transport Forum will collaborate to launch a new project called ‘Decarbonising Transport in India’ on 24 June to chart out a path for a low-carbon transport system in the country. The ITF is an intergovernmental organisation.

Did you Know

India has been a member of ITF since 2008.

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‘Legend of Suheldev’: Amish Tripathi releases new book set in 11th century India

Amish Tripathi launched his new book - a story about the adventures of the warrior king Suheldev, titled, ‘Legend of Suheldev: The King who Saved India’. Book is set in 11th century India, when Mahmud of Ghazni destroyed the Somnath temple.

Did you Know

Book brings awareness about ignored pages of Indian history.

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ISRO Receives Patent for Liquid Cooling and Heating Garment for Astronauts

ISRO has received a patent for its Liquid Cooling and Heating Garment made of biocompatible fabrics and components to provide a comfortable temperature and removal of sweat for astronauts, for use in space for protection from hot and cold environments.

Did you Know

ISRO has initiated the Rs 10,000 crore project- Gaganyaan.

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UCO Bank partners with four insurers to sell their products

State-run Bank UCO Bank teamed up with SBI Life Insurance Company, the Oriental Insurance Company and Religare Health Insurance Company, Star Health and Allied Insurance Company for selling their products.

Did you Know

UCO Bank Headquarters- Kolkata, UCO Bank MD & CEO- Atul Kumar.

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Yes Bank & Affordplan launch co-branded cashless card for healthcare needs

Yes Bank has partnered with fintech startup Affordplan to launch a co-branded health card on Saturday to address healthcare needs. The co-branded healthcare card will enable families plan and manage their finances for their healthcare needs.

Did you Know

The card has flexible recharges from Rs 100- Rs 1 lakh.

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First instalment of 15th Finance Commission Grants to RLBs released

The 15th Finance Commission worked out the total size of the grant to be Rs.60,750 Cr for the period FY 2020-21 which is the highest ever allocation made by the Finance Commission in any single year. Ministry of Panchayati Raj will actively support this.

Did you Know

Fund will provide gainful employment to migrant laborers.