27th July 2023 Current Affairs and News Headlines (Daily GK Update)

Here are the GK updates and news headlines for 27 July 2023 to help you prepare the Current Affairs 2023 for all banking exams. The Current Affairs of 27th July 2023 covers the news headlines on Israel’s Judicial Reform Bill, CRPF Raising Day, Swiggy Credit Card, World Hepatitis Day 2023, (ACROSS) umbrella scheme

Top 20 Current Affairs and News Headlines of 27th July 2023

National News

1.Phangnon Konyak becomes first woman MP from Nagaland to preside over Rajya Sabha

• S Phangnon Konyak, a distinguished BJP leader and Nagaland’s first female Rajya Sabha MP, achieved a historic feat as she took on the role of presiding over the Rajya Sabha.
• This remarkable milestone in her political journey marks her as the first woman from Nagaland to assume this prestigious position.

2.Government to face no-confidence motion in Parliament

• A No-Confidence Motion notice has been submitted by the Congress and Bharat Rashtra Samiti (BRS) in the Lok Sabha against PM Narendra Modi’s Government over the Manipur issue.
• The notice has been submitted by has also submitted a separate no-confidence motion notice. Congress’s deputy leader Gaurav Gogoi and BRS floor leader Nageshwar Rao

International News

3.Israel’s Controversial Judicial Reform Bill

• Israel has recently passed Controversial Judicial Reform Bill to limit the Supreme Court’s ability to overturn the decisions made by the government ministers. The new measure was passed by 64-0 votes as the opposition lawmakers stormed out of the chamber and refrained from voting.
• It is also called as ‘reasonableness bill’ according to which the Supreme Court cannot overrule the National Government using the legal standard of ‘reasonableness’.

State News

4.First-ever transgender birth certificate issued to Noor Shekhawat in Rajasthan

• Noor Shekhawat became the first transgender person in Rajasthan to be issued a birth certificate with the gender recorded as transgender.
• In her old birth certificate, her gender was marked as male.
• Shekhawat was handed her new birth certificate by municipal and state government officials. She runs an NGO for the transgender community and also wants to complete her graduation.

Defence News

5.85th CRPF Raising Day Observed on 27 July 2023

• The Central Reserve Police Force (CRPF), observed its 85th Raising Day on 27 July 2023.
• The day celebrates the immense and unparalleled contribution of the force in upholding the unity, integrity, and sovereignty of the nation.
• CRPF is India’s largest Central Armed Police Force, which operates under the authority of the Ministry of Home Affairs (MHA).

6.Newly Constructed National Martyr’s Memorial Unveiled at Jagjivan RPF Academy Lucknow, Uttar Pradesh

• Shri Sanjay Chander, Director General of Railway Protection Force (RPF), unveiled the recently constructed National Martyr’s Memorial and National Museum for Railway Security at Jagjivan RPF Academy, Lucknow, Uttar Pradesh.
• This martyr’s memorial is spread over an area of 4800 square meters and on this memorial, the names of 1014 martyred RPF personnel from 1957 till date have been inscribed and tribute has been paid to them on behalf of the RPF.

7.Amit Shah inaugurates centralised security control centre for 66 airports under CISF cover

• Amit Shah, the Union Home Minister, officially inaugurated a centralized Aviation Security Control Centre (ASCC) established by the Central Industrial Security Force (CISF) in New Delhi.
• The primary objective behind this initiative is to effectively address the prevailing security challenges.
• The ASCC will be responsible for monitoring all potential threats and social media activity pertaining to the 66 civil airports currently under the CISF’s security coverage.

Banking News

8.Mahindra & Mahindra confirms buying 3.53% stake in RBL Bank for ₹417 crores

• On July 26, 2023, Mahindra & Mahindra, a prominent Indian conglomerate, confirmed its investment in RBL Bank by acquiring a 3.53% stake for ₹417 crores.
• The acquisition was announced through a regulatory filing, and Mahindra & Mahindra expressed its potential to make further investments in RBL Bank, subject to pricing, regulatory approvals, and required procedures. However, the company clarified that it would not exceed a stake of 9.9%.

9.Jio Financial and BlackRock Announce Joint Venture to Revolutionize India’s Mutual Fund Market

• Jio Financial Services Ltd (JFS) of the Reliance Industries Ltd Group and global asset manager BlackRock have joined forces to create a groundbreaking 50:50 joint venture called “Jio BlackRock.”
• This strategic partnership aims to provide millions of Indian investors with access to affordable and innovative investment solutions through technology-enabled platforms.
• The joint venture plans to invest $150 million each, positioning itself as a significant player in India’s thriving mutual fund industry, which is currently dominated by SBI Mutual Fund, ICICI Prudential Mutual Fund, and HDFC Mutual Fund.

10.Swiggy Launches Co-branded Credit Card With HDFC Bank

• Swiggy, a popular food delivery platform, has collaborated with HDFC Bank to launch a co-branded credit card. This move follows the trend of various ecommerce platforms partnering with banks to introduce similar credit cards.
• The Swiggy-HDFC co-branded credit card will be facilitated by Mastercard’s payment network. The primary aim of this partnership is to enhance customer retention and increase the average order value on the Swiggy platform by providing enticing benefits to cardholders.

11.Canara Bank Tops Public Sector Banks in Lending to State PSUs and Corporations for Fifth Consecutive Year

• In a remarkable achievement, Canara Bank has once again emerged as the leading public sector bank in lending to state-owned corporations and Public Sector Undertakings (PSUs) for the fifth consecutive year.
• The Finance Ministry, in response to queries raised by MP Velusamy P, disclosed that Canara Bank’s lending to government-backed entities reached an impressive ₹187,813 crore during the fiscal year 2022-23 (FY23).
• This amount represented an 11% increase compared to the previous fiscal, wherein the bank disbursed ₹1,69,532 crore to government entities.

Important Days News

12.World Nature Conservation Day 2023

• Every year, World Nature Conservation Day is celebrated on July 28.
• On this day, people raise awareness about the importance of nature conservation, with small contributions every day from everyone, we can save the planet and regain the nature that we have been bestowed with.
• It is a day created to raise awareness about the importance of protecting our planet for future generations.

13.Missile Man of India’ APJ Abdul Kalam death anniversary

• 27^th July is celebrated as death anniversary of Missile Man of India APJ Abdul Kalam.It is the 8^th death anniversary of APJ Abdul Kalam.
• Dr. APJ Abdul Kalam was born on October 15, 1931, to a Tamil Muslim family in the pilgrimage center of Rmaeswara on Pamban Island. His father Jainulabdeen Marakayar was a boat owner and imam of a local mosque while his mother was a housewife.

14.World Hepatitis Day 2023

• World Hepatitis Day is observed on July 28th annually with the primary aim of spreading awareness about hepatitis on a global scale.
• The urgency of this awareness drive stems from the alarming statistics that indicate someone dies from hepatitis or related conditions every 30 seconds globally.
• The campaigns and activities conducted on World Hepatitis Day 2023 are intended to educate individuals about the disease and its associated aspects.

Appointments News

15.Asian Paints appoints former Ashok Leyland MD R Seshasayee as chairman

• R Seshasayee has been appointed as the Chairman of Asian Paints’ board of directors from October 1, 2023, to January 22, 2027.
• He will succeed the current Chairman, Deepak Satwalekar, whose term is set to conclude on September 30 this year.
• Within the Board of Directors of Asian Paints Limited, he currently serves as the Chairman of the Investment Committee and is a member of both the Audit Committee and the Nomination & Remuneration Committee.

16.Devendra Kumar Upadhyaya appointed as Chief Justice of Bombay High Court

• The appointment of Justice Devendra Kumar Upadhyaya as the new chief justice of Bombay High Court has been officially notified by the Central Government, while Justice Dhiraj Singh Thakur has been appointed as the chief justice of Andhra Pradesh High Court.
• Justice Devendra Kumar Upadhyaya will succeed the current Chief Justice of Bombay High Court, Justice Nitin Madhukar Jamdar.

Awards News

17.Shankari Chandran wins Miles Franklin Literary Award 2023

• Chandran has been announced as the winner of the 2023 Literary Award for her novel ‘Chai Time at Cinnamon Gardens’.
• Chandran’s award-winning novel ‘Chai Time at Cinnamon Gardens’ is a story about family, memories, community, race. It is an intergenerational epic that highlights Australia’s difficult and complex equation with multiculturalism and the traumas of post-colonialism.

Schemes News

18.Atmosphere & Climate Research-Modelling Observing Systems & Services (ACROSS) umbrella scheme

• The Cabinet Committee on Economic Affairs, under the leadership of Prime Minister Shri Narendra Modi, has been given its nod for the continuation of the umbrella scheme “Atmosphere & Climate Research-Modelling Observing Systems & Services (ACROSS)” for the next finance cycle of five years (2021-2026).
• The Ministry of Earth Sciences (MoES) is implementing the ACROSS scheme through its units, namely India Meteorological Department (IMD), National Centre for Medium Range Weather Forecasting (NCMRWF), Indian Institute of Tropical Meteorology (IITM), and Indian National Centre for Ocean Information Services (INCOIS).

Sports News

19.Denmark’s Jonas Vingegaard has won 110th edition of the Tour de France

• Denmark’s Jonas Vingegaard of the Jumbo-Visma, Dutch professional bicycle racing team,has won 110th edition of the Tour de France for a second straight year on the Champs-Elysees in Paris, France.
• The Tour de France (Tour of France) is an annual men’s multiple-stage bicycle race primarily held in France.
• Vingegaard crossed the finish line after the 21-day race 7min 29sec ahead of Slovenia’s Tadej Pogacar, the champion in 2020 and 2021.

20.India’s Nidhi Buley and Ritika among four females to enter BCCI umpiring panel

• The Indore-based Buley sisters, Nidhi and Ritika Buley, are among the four retired female cricketers who have made their way into the BCCI umpires’ panel with a distinction.
• Nidhi played a Test and ODI for India back in 2006 while her younger sister Ritika represented Madhya Pradesh in 31 First-Class games. The BCCI conducted the exam for retired cricketers from June 10-13 and the result was declared.

Important Current Affairs of 27th July 2023

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