Daily Current Affairs 07th June 2023

3. Bank of Baroda Introduces UPI Cash Withdrawal Facility at ATMs

• Bank of Baroda, a prominent public lender, has recently launched the Interoperable Cardless Cash Withdrawal (ICCW) facility for its customers.
• This innovative service allows customers to withdraw money from ATMs using the United Payment Interface (UPI), eliminating the need for a physical card.
• The introduction of UPI cash withdrawal at ATMs offers a simple, convenient, and secure way for customers to access their funds. Let’s explore the details of this new facility below.

                                  Business News

4. Tata Group Signs $1.6 Billion EV Battery Plant Deal in Gujarat

• India’s Tata Group, a leading multinational conglomerate, has entered into an outline deal to construct a lithium-ion cell factory in Gujarat, India.
• With an investment of approximately 130 billion rupees ($1.58 billion), the plant aims to bolster the country’s electric vehicle (EV) supply chain and reduce its dependence on battery imports.
• The initiative aligns with India’s goal of achieving 100% electric vehicle adoption and curbing carbon emissions by 50% by 2030.

                                    Economy News

5. World Bank Cuts India’s GDP Growth Forecast for FY24 to 6.3% While Raising Global Outlook

• The World Bank has revised its global economic forecasts in its latest Global Economic Prospects report.
• While it predicts an upward trajectory for global GDP growth in 2023, it has trimmed India’s growth forecast for the fiscal year 2024.

                                    Awards News

6. President Droupadi Murmu Honoured with Suriname’s highest civilian award

• President Droupadi Murmu became the first Indian to be honoured with the Grand Order of the Chain of the Yellow Star, the highest civilian award in Suriname.
• She was presented with this award by Chandrikapersad Santokhi, the President of the Republic of Suriname.
• President Murmu dedicated the award to the future generations of the Indian-Surinamese community.

                          Science and Technology News

7. India Conducts Asia’s First Demonstration of Performance-Based Navigation for Helicopters

• India recently achieved a significant milestone in the field of aviation as it conducted Asia’s first demonstration of performance-based navigation for helicopters.
• The successful flight from Juhu to Pune showcased the utilization of GAGAN satellite technology, a joint development by the Indian Space Research Organisation (ISRO) and the Airports Authority of India (AAI).
• This groundbreaking achievement highlights India’s innovation and expertise in the aviation sector.

                                 Schemes News

8. Nyaya Vikas Program: Revolutionizing Social Justice in India

• The Nyaya Vikas Portal provides stakeholders with convenient access to information regarding funding, documentation, project monitoring, and approval. It offers four efficient methods for logging into the portal, empowering users with seamless accessibility.
• Nyaya Vikas is a program initiated by the Department of Justice in 1993-94, aiming to develop infrastructure facilities for districts and subordinate judiciary.
• The program involves providing central assistance to state governments and UT administrations for constructing court halls and residential units for judicial officers and judges in district and subordinate courts.

9. National Mission on Advanced and High-Impact Research (MAHIR)

• The Ministry of Power and the Ministry of New and Renewable Energy are collaborating on a new initiative called the National Mission on Advanced and High-Impact Research (MAHIR).
• This mission aims to identify and develop emerging technologies in the power sector within and outside of India.
• The funding for this mission will come from the Ministry of Power, Ministry of New and Renewable Energy, and Central Public Sector Enterprises, with additional resources allocated from the Indian government’s budget if necessary.

                            Books and Authors News

10. Acclaimed writer Abhay K’s new book on Nalanda to be published by Penguin

• Poet-diplomat Abhay K’s book ‘Nalanda’, the acquisition of which has been announced by Penguin Random House India, delves into the history of the ancient seat of learning in Bihar.
• The award-winning poet and writer Abhay K’s new book, titled Nalanda is his highly anticipated book which is set to take readers on an enlightening journey through time and history. The book is scheduled to release in October next year in 2024 from the Vintage imprint.

11. HarperCollins India to publish BK Shivani ‘s The Power of One Thought

• HarperCollins India is delighted to bring the perfect thought booster, an empowering book which is an essential guide to unleashing the power of the mind, where it all begins from, to make that dream life happen, BK Shivani’s The Power of One Thought: Master Your Mind, Master Your Life.

                                  Important Days

12. World Food Safety Day 2023: Theme, Poster, Significance and History

• World Food Safety day is celebrated on June 7 annually across the globe to highlight the importance of maintaining food standards. The day was aimed at inspiring the UN member nations to prioritise food safety standards and work collaboratively to protect consumers from foodborne diseases.
• The theme of this year’s World Food Safety Day 2023 is “Food standards save lives.” Most people depend on the information in the packaging of consumable items to know whether their food is safe. These food safety standards guide farmers and those who process food.

                                Obituaries News

13. Renowned theater actor and director Aamir Raza Hussain passes away

• Aamir Raza Husain, a renowned theater actor and director famous for his grand open-air stage productions like “The Fifty Day War,” inspired by the Kargil War, and “The Legend of Ram,” has passed away at the age of 66.
• He was also the Creative Director of Stagedoor Theatre company, established in 1974, which has presented over 91 productions and more than 1,100 performances.
• Husain’s remarkable contributions to the stage include unforgettable plays such as ‘The Fifty Day War’ (2000) and ‘The Legend of Ram.’

                              Miscellaneous News

14. AIIMS Nagpur Achieves NABH Accreditation: Setting a Benchmark in Healthcare Quality

• AIIMS Nagpur, one of the premier medical institutions in India, has achieved a significant milestone by obtaining the prestigious accreditation from the National Board for Hospitals (NABH). This recognition makes AIIMS Nagpur the first among all AIIMS institutions in the country to receive this accolade.
• Prime Minister Narendra Modi and Union Minister of Health and Family Welfare Dr Mansukh Mandaviya applauded this remarkable achievement, acknowledging the institution’s commitment to delivering quality healthcare services.
• The NABH accreditation is widely regarded as the gold standard for quality and patient safety in the healthcare sector, reaffirming AIIMS Nagpur’s dedication to continuous improvement and adherence to the highest quality benchmarks.

15. India’s 1st International Cruise Vessel MV Empress Flagged Off

• Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal has flagged off the maiden International Cruise Vessel “MV Empress”, India’s first international cruise vessel – from Chennai to Sri Lanka in Chennai.
• This marks the beginning of the international cruise tourism terminal at Chennai, built at a cost of Rs 17.21 crores, heralding a new age of cruise tourism and maritime trade in the country.