Daily Current Affairs 4th June 2023
National News
According to a recent report, India will become the UAE’s largest exporter by 2030.
- “India will be the largest exporter of the United Arab Emirates (UAE) by 2030,” international firm Standard Chartered said in its latest report.
- According to a recent report titled “Future of Business: New Opportunities in High-Growth Corridors”, “UAE exports will reach USD 543 billion by 2030” and this growth will increase at a strong annual growth rate of 5.5 percent.
The Ministry of Railways has organized a two-day “Chintan Shivir” program in New Delhi.
- Railway Minister Ashwini Vaishnav has organized a two-day Chintan Shivir program in Delhi.
- The objective of the program is to “promote the role of railways in India’s economic growth, safety and new technologies”.
- Sindan Shivir – An action plan to implement Prime Minister Modi’s Vision 2047.
Ban on manufacture and sale of 14 Fixed Dose Compounds (FDC) drugs.
- The central government has banned the manufacture, sale and supply of 14 fixed-dose combination (FDC) drugs containing two or more active drugs.
- The expert panel commission found that these drugs have no therapeutic value and may pose a risk to humans. It is noteworthy that these prohibited drugs are mainly used as medicine for cold, cough and respiratory infections.
An MoU has been signed between the Indian Navy and the Indian Maritime University to “Enhance technical cooperation”.
- A Memorandum of Understanding between the Indian Navy and the Indian Maritime University to “Enhance Technical Cooperation” has been signed in New Delhi on June 02, 2023.
- The MoU aims to enhance cooperation in various fields such as training, development, joint research, courses, Center of Excellence (Sea Engine), INS Shivaji, Lonavala and groups of Indian Maritime University “.
An MoU was signed to create employment for ex-servicemen.
- An MoU has been signed between the Ex-Servicemen Welfare Department and the Directorate of Resettlement to create more employment opportunities for “ex-servicemen and corporates and bring them on a common platform”.
- It is said that the agreement will bridge a gap between skilled manpower and employment opportunities available locally for the betterment of the country and the lives of ex-servicemen.
International news
A Trade Agreement has been signed between the US and Taiwan to improve Economic Ties.
- A trade agreement was signed between the US and Taiwan to improve economic relations between the two countries and take exports and imports to the next level.
- It is reported that this agreement will be disadvantageous to China and favorable to the US and Taiwan as the problems between China and Taiwan have been increasing recently.
The UAE plans to host the “International Union for Conservation of Nature (IUCN) World Conservation Assembly” in 2025.
- The United Arab Emirates has won its bid to host the “World Conservation Assembly of the International Union for Conservation of Nature(IUCN)” in 2025.
- With this move, the UAE further reaffirmed to the world its leadership commitment to “Environmental protection, climate change action and sustainability”.
State news
Karnataka Cabinet has approved 5 schemes.
- The cabinet headed by the current Karnataka Chief Minister Siddaramaiah has approved the 5 schemes Anna Bhagya, Gruha Jyothi, Gruha Lakshmi, Shakti, and Yuvanidhi mentioned in his election manifesto.
- The Chief Minister said that all these schemes will be provided in this financial year (2023-2024).
A ₹13,000 crore lithium-ion cell factory is planned in Gujarat.
- Tata Group subsidiary ” Agratas Energy Storage Solutions” has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat to set up a “lithium-ion cell” manufacturing plant in the state.
- The project will see the company initially invest ₹13,000 crore and the plant, with an initial generation capacity of 20 GWh, will create more than 13,000 direct and indirect jobs.
The city of “Pimpri-Chinchwad” has been announced as the winner of the “Bloomberg” generosity initiative for Cycling Infrastructure (BICI).
- In celebration of World Bicycle Day on June 3, Bloomberg Philanthropists announced the inaugural winners of the Bloomberg Initiative for Cycling Infrastructure (BICI).
- The notification states that the city of “Pimpri-Chinchwad” is one of the 10 cities selected from 275 applications in over 60 countries. And the city was recognized for its innovative vision to create safer and “Efficient Cycling” infrastructure, according to Bloomberg.
Two national Highway Projects worth 48 crore inaugurated in Vadodara, Gujarat.
- In Vadodara, Gujarat, Rs. Union Road Transport Minister Nitin Gadkari launched the Rs 48 crore “Two National Highway Projects” on June 2.
- Gadkari said the projects will ensure a new safe traffic situation under construction with a “3-lane road and improved access from industrial areas to facilitate smooth movement”.
Appointments
Janardan was appointed as New Director General of Geological Survey of India(GSI).
- Janardan Prasad was appointed as the new Director of the Geological Survey of India (GSI) on June 2.
- It is to be noted that prior to this, he has been the Additional Director & Head of Department (ADG & HoD) South Region since June 2020 and Chairman, Technical and Costing Committee (TCC) of National Mineral Exploration Trust.
Sports news
Tazeem Fayaz won a silver medal in Judo Championship 2023 .
- Tazeem Fayaz, a young judo from Srinagar, won a silver medal in the All India Inter-University “Judo Championship 2023”.
- Representing the “Kashmir Valley” in this tournament, Tazeem has shown his immense talent and determination. Though he lost in the final, his outstanding performance has impressed everyone, Jammu & Kashmir Judo Sports Association said.
Economic news
Malaysia’s economy to grow by 4.5% in 2023 – IMF report.
- The International Monetary Fund (IMF) announced in its latest report that the “Malaysian economy will grow by 4.5% in 2023”.
- “Following the re-opening of the Malaysian economy in April 2022, it is notable that its growth reached 8.7% in 2022, driven by domestic demand and the performance of a strong export structure. “Inflation in Malaysia will rise to 3.3% in 2023,” the report said.
Important day
International Day of Innocent Children Victims of Aggression.
- June 4th is observed every year to highlight to the ‘world the physical and mental pain children suffer from all over the world”.
- The day reaffirms the UN’s core commitment to protecting children’s rights and is expected to significantly curb child abuse worldwide.
