2nd August 2023 Current Affairs and News Headlines (Daily GK Update)

Here are the GK updates and news headlines for 2 August 2023 to help you prepare the Current Affairs 2023 for all banking exams. The Current Affairs of 2nd August 2023 covers the news headlines on Microsoft, Kargil: Ek Yatri Ki Jubani, World Wide Web Day 2023, Moeen Ali.

Top 16 Current Affairs and News Headlines of 2nd August 2023

National News

1.Karnataka Leads with Most Billionaire MLAs, Uttar Pradesh Lags Behind: ADR Analysis

• The Association for Democratic Reforms (ADR) recently conducted a comprehensive analysis of the assets of MLAs from various political parties in India.
• The report sheds light on the average wealth of MLAs, the percentage of billionaire MLAs, and the representation of women in state assemblies.
• Karnataka emerges as the state with the highest average assets per MLA and the highest number of billionaire MLAs, while Uttar Pradesh lags behind in both categories.

State News

2.Foxconn Signs ₹ 1,600 Crore Deal To Set Up Plant In Tamil Nadu

• Foxconn Technology Group, a prominent Taiwanese company and a key supplier to Apple Inc., has pledged to invest ₹1,600 crore in establishing a manufacturing facility in Kancheepuram district, Tamil Nadu.
• The investment is expected to create significant employment opportunities and boost the electronics manufacturing sector in Tamil Nadu.
• The discussions between the Tamil Nadu government and Foxconn also included the possibility of further investments in the electric vehicle (EV) sector and electronic components manufacturing.

3.GI tags for Goan mangoes and bebinca, crafts from Rajasthan and U.P

• The Geographical Indications Registry in Chennai has recently granted Geographical Indication (GI) tags to seven products from different regions of India, including four traditional crafts from Rajasthan.
• A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.
• The granting of Geographical Indication tags to these products not only promotes their uniqueness but also safeguards the traditional knowledge and craftsmanship associated with them.

Defence News

4.Indian Army to now have common uniform for Brigadier and above ranks

• The Indian Army has recently implemented a significant change in its uniform regulations for senior officers with the rank of Brigadier and above.
• Army officials have announced that the headgear, shoulder rank badges, gorget patches, belt, and shoes of senior officers with flag ranks (Brigadier and above) will now be standardized and common across all units and services.
• The decision aims to foster a common identity and uphold the Indian Army’s character as a fair and equitable organization.

Economy News

5.India’s Manufacturing PMI Eases to 3-Month Low in July Amid Inflationary Pressure

• India’s manufacturing sector experienced a slight dip in growth momentum in July, with the Purchasing Managers’ Index (PMI) falling to 57.7 from 57.8 in June and 58.7 in May.
• However, Buoyant demand from both domestic and export markets continued to drive growth in the sector.
• Firms anticipate continued high demand in the coming years, supporting projections of sustained production growth in the manufacturing sector.

6.New record of over 6.77 crore Income Tax Returns (ITRs) filed till 31st July, 2023

• The Income-tax Department has witnessed a remarkable surge in the filing of Income Tax Returns (ITRs) for Assessment Year (AY) 2023-24.
• The e-filing portal witnessed a record number of logins during the peak filing period, with over 32 crore successful logins from 1st July 2023 to 31st July 2023. On 31st July 2023 alone, there were 2.74 crore successful logins.
• The department appreciates taxpayers and tax professionals for their timely compliance, leading to a new record of over 6.77 crore ITRs filed till 31st July 2023, representing a significant growth of 16.1% Year-on-Year.

7.Record-breaking GST Collection in July 2023: Stands at over Rs 1.65 lakh crore

• The Ministry of Finance has released data showing that the gross goods and services tax (GST) collection for July 2023 has surpassed the Rs 1.65 lakh crore mark.
• This marks the fifth instance of GST revenue crossing this threshold since its inception. The revenue for July 2023 is 11 percent higher than the same month last year, reflecting a positive trend in the country’s economic growth.
• The total gross GST revenue collected in July 2023 is Rs 1,65,105 crore in which CGST (Central Goods and Services Tax) amounts to Rs 29,773 crore and SGST (State Goods and Services Tax) stands at Rs 37,623 crore.

Awards News

8.PM conferred Lokmanya Tilak National Award in Pune

• The Lokmanya Tilak National Award was granted to the Prime Minister of India, Shri Narendra Modi, in Pune, Maharashtra, during a ceremony that commemorated the 103rd death anniversary of Lokmanya Tilak.
• The prestigious award, instituted by the Tilak Smarak Mandir Trust in 1983, aims to honor the lasting legacy of Lokmanya Tilak. Shri Narendra Modi became the 41st distinguished individual to receive this esteemed recognition.
• The previous year saw the presentation of the Lokmanya Tilak National Award to Tessy Thomas, a renowned senior scientist often referred to as India’s “missile woman.”

Appoinments News

9.Microsoft appoints Puneet Chandok to lead India operations

• Microsoft has appointed Puneet Chandok as the new Corporate Vice President of Microsoft India and South Asia, effective from September 1, 2023. He will take over operational responsibilities from Anant Maheshwari and will lead the integration of Microsoft’s businesses across South Asia, including countries like Bangladesh, Bhutan, Maldives, Nepal, and Sri Lanka.
• Puneet aims to strengthen Microsoft’s presence in the region and focus on key industries through a customer-centric approach, with generative AI as a core technology.

Books and Authors News

10.Indian-origin author Chetna Maroo’s debut novel on Booker Prize longlist

• London-based Indian-origin author Chetna Maroo’s debut novel ‘Western Lane’ is among 13 books to make the cut for the 2023 Booker Prize longlist revealed.
• Kenya-born Maroo’s novel, set within the context of the British Gujarati milieu, has been praised by the Booker judges for its use of the sport of squash as a metaphor for complex human emotions. It revolves around the story of an 11-year-old girl named Gopi and her bonds with her family.

11.Rishi Raj’s New Book “Kargil: Ek Yatri Ki Jubani” Released

• Ajay Bhatt, Minister of State (MoS), Ministry of Defence (MoD), released the book and illustrations titled “Kargil: Ek Yatri Ki Jubani” (Hindi Edition) authored by Rishi Raj at the Constitution Club of India, New Delhi, Delhi. The book which pays tribute to the Martyrs of Kargil War was published by Prabhat Prakashan.
• The book portrays the lives of all the 527 soldiers, who laid down their lives for our nation in the Kargil War. The book highlights the importance of the Kargil Vijay Diwas and giving rich tributes to the brave soldiers.

Sports News

12.Diego Godin Announces his Retirement From Professional Football

• Former Uruguay defender Diego Godin retired from professional soccer, ending a 20-year career at age 37. Godin played in four World Cups and spent much of his club career in Spain, notably at Atlético Madrid from 2010 to 2019. This season, he played in Argentina for Velez Sarsfield.
• Godin announced his retirement a day after his final appearance for Velez in a 1-0 loss to Huracan.  Godin played more than 600 professional matches and scored 38 goals in his career. He lifted 10 titles, including two at the Europa League. He played for Uruguay at the past four World Cups.

13.Moeen Ali confirms his Retirement from Test Cricket after Ashes 2023

• England all-rounder Moeen Ali confirms his test cricket retirement after the end of the Ashes series and he will play in other formats of cricket. On the request of England Test captain BenStokes, he played the Ashes series. But he retired from test cricket in September 2021.
• He played for England in 68 test matches taking 204 wickets and scored 3094 runs. He was awarded the Order of the British Empire(OBE) in June 2023 for his services to cricket.

Important days News

14.World Wide Web Day 2023: Date, Significance and History

• World Wide Web Day is celebrated on August 1 every year. The day is observed to commemorate the World Wide Web (www) and its impact on the world.
• It was on August 1 in 1991 that Tim Berners-Lee posted a proposal for the World Wide Web on the alt.hypertext newsgroup; this day is, therefore, celebrated with great importance every year. The year 1989 marked the beginning of the Internet. From that point forward, it has continued to evolve.

Science and Technology News

15.ISRO injects Chandrayaan-3 into translunar orbit

• The Chandrayaan-3 spacecraft, which marks India’s third lunar exploration mission, has accomplished a noteworthy achievement by entering the moon’s sphere of influence.
• This successful entry was made possible through a TransLunar Injection (TLI) executed by the Indian Space Research Organisation (ISRO).
• ISRO’s Telemetry, Tracking, and Command Network (ISTRAC) in Bengaluru has executed the TransLunar Injection (TLI), enabling Chandrayaan-3 to successfully complete its orbits around Earth and begin its journey towards the Moon.

16.OpenAI CEO Sam Altman launches Worldcoin crypto project

• Open AI CEO Sam Altman along with two co-founders launched the Worldcoin crypto project to grant users a verified digital identity and access to a financial project.
• The purpose of Worldcoin crypto project is to create a universal and decentralised digital identity that can protect people’s privacy and enable them to access various services and benefits online.
• The project also has a vision of using Worldcoin as a means to distribute universal basic income (UBI) to everyone in the world, regardless of their location, income or status.

Important Current Affairs of 2nd August 2023

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