Daily Current Affairs and News Headlines of 15th June 2023

Current Affairs 2023 are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily Current Affairs 2023 is the complete bag of important news that is held all day long. One should have complete knowledge of banking terms, current affairs news, etc. So, here is the GK update for 15 June 2023 to help you prepare the Current Affairs 2023 part. After reading this section, you can successfully attempt Current Affairs Quiz.

Here is the 15 June Current Affairs 2023 covering the news headlines on Education loans, New Zealand Slips into Recession, India’s Inflation Rate, Aviation Fuel Plant in Haryana, India’s First Spending Account.

Top 15 Daily Current Affairs: National & International News:

Here is providing below the top 15 important 15 june 2023 news headlines in english  updates with national & international news.

                                            National News

1. Education loans register 17% growth in FY23

• According to Reserve Bank of India’s (RBI) data, the outstanding portfolio under education loans grew 17 per cent at ₹96,847 crore in the year 2022-23 as against ₹82,723 crore in the previous year.
• The priority sector education loans show growth of 0.9 per cent in FY 2022-23 which is significant because the growth in education loans was flat during 2021-22 & it was negative for the three years prior to it.

                              International News

2. New Zealand Slips into Recession as GDP Falls 0.1% in March Quarter

• New Zealand’s economy has slipped into a recession, as the first-quarter Gross Domestic Product (GDP) fell by 0.1 percent. This decline follows a revised 0.7 percent drop in GDP in the fourth quarter of 2022, meeting the technical definition of a recession.
• The country’s economic downturn can be attributed to a combination of factors, including measures taken by the central bank to combat inflation and the adverse effects of natural disasters.

                             Economy News

3. India’s Inflation Rate Declines to a 2-Year Low in May 2023

• The latest data from the Ministry of Statistics and Programme Implementation reveals that India’s retail inflation, as measured by the consumer price index (CPI), dropped to a more than two-year low of 4.25% in May 2023.
• This significant decline follows a peak of 7.79% in April 2022 and a low of 4.06% in January 2021. Additionally, the wholesale price inflation, measured by the wholesale price index (WPI), stood at -0.92% in April 2023, down from 1.34% in March 2023. These figures indicate a favorable trend in the country’s inflation rate.

                                Business News

4. Indian Oil Corp Partners with LanzaJet to Establish Aviation Fuel Plant in Haryana

• Indian Oil Corp (IOC), one of India’s largest oil refiners, has announced its collaboration with LanzaJet, a leading sustainable fuels technology company, to establish an aviation fuel plant in Haryana.
• With an investment of approximately 23 billion rupees ($280.1 million), this strategic partnership aims to promote the production of sustainable aviation fuel (SAF) in the country. IOC Chairman, S.M. Vaidya, shared this significant development during an industry event held in New Delhi.

                              Banking News

5. Fino Payments Bank Partners with Hubble to Introduce India’s First Spending Account

• Fino Payments Bank has announced its collaboration with Sequoia Capital-backed fintech Hubble to launch India’s first spending account.
• This innovative offering allows customers to conveniently park their funds, make purchases across various categories such as food ordering, shopping, travel, and entertainment, and save up to 10 percent on all transactions made through the account.

                          Important Days News

6. World Elder Abuse Awareness Day 2023: Date, Theme, Significance and History

• World Elder Abuse Awareness Day (WEAAD) is an annual event observed on June 15th to raise awareness about the mistreatment, discrimination, and neglect endured by elderly individuals.
• The day serves as a platform to underscore the importance of upholding the rights of older adults, encouraging society to value and respect their presence.
• The United Nations has designated the theme for World Elder Abuse Awareness Day 2023 as “Closing the Circle: Addressing Gender-Based Violence (GBV) in Older Age Policy, Law, and Evidence-based Responses.”

7. Global Wind Day 2023: Date, Significance and History

• Global Wind Day, also known as World Wind Day, is a global event celebrated annually on June 15th. It serves as an opportunity to explore the potential of wind energy, its capacity to transform our energy systems, reduce carbon emissions in our economies, and stimulate job creation and economic growth.
• This day encourages us to delve into the power of wind and the immense possibilities it offers to reshape our energy landscape.

                    Summits and Conferences News

8. First Hindu-American summit in US: All you need to know

• The inaugural Hindu-American Summit for political engagement, organised by a group of Indian Americans, was scheduled to take place at the US Capitol Hill on June 14.
• The summit’s primary objective is to bring attention and support for the concerns and issues faced by the Hindu community, which has been underrepresented in politics.

                       Ranks and Reports News

9. Global Slavery Index 2023: Where does India rank?

• The fifth edition of the Global Slavery Index provides a global overview of modern slavery and is based on the 2022 estimates.
• The index is created by Walk Free, a human rights organization, and is based on data from the Global Estimates of Modern Slavery, produced by the International Labour Organization (ILO), Walk Free, and International Organization for Migration (IOM).

                            Schemes News

10. Sovereign Gold Bond Scheme 2023-24: Key Information and Features

• The Sovereign Gold Bond (SGB) Scheme 2023-24, announced by the Government of India, offers individuals and eligible entities an opportunity to invest in gold in a convenient and secure manner.
• The SGBs are issued by the Reserve Bank of India (RBI) on behalf of the government, serving as an alternative to physical gold investments.

                              Agreement News

11. Ministry of Defence and Kotak Mahindra Life Insurance Collaborate to Provide Job Opportunities to Veterans

• In a significant initiative aimed at supporting and empowering ex-servicemen, the Ministry of Defence has partnered with Kotak Mahindra Life Insurance Company Ltd. A Memorandum of Understanding (MoU) was signed between the Directorate General Resettlement (DGR), an arm of the Ministry of Defence, and Kotak Mahindra Life Insurance Company Ltd.
• This collaboration seeks to create employment opportunities for veterans, enabling them to have a dignified second career in the corporate sector. The partnership aims to enhance the visibility of ex-servicemen in industries and facilitate the utilization of their skills and experience.

                              Appointments News

12. Reliance Tira set to sign Suhana Khan, Kiara Advani & more as brand ambassadors

• Reliance Retail’s beauty retail venture, Tira, is making strategic moves to enhance its presence in the booming beauty retail industry in India.
• With a focus on an omni-channel retail strategy and a range of products across different price segments, Tira is set to launch a nationwide marketing campaign.
• As part of this initiative, the company has signed popular Bollywood actresses Suhana Khan, Kiara Advani, and Kareena Kapoor Khan as its first brand ambassadors. This move aims to leverage their star power and capture the attention of consumers across the country.

12. Uttam Lal Appointed as NHPC’s Director of Personnel

• Uttam Lal has assumed the role of Director (Personnel) at NHPC Limited India, a leading hydropower company in India. Before joining NHPC, Mr. Lal held the position of Chief General Manager (HR-CSR/R&R/LA) at NTPC Limited.
• With an extensive background of over 35 years, he brings immense expertise in Personnel Management, Industrial Relations, and Corporate Social Responsibility.
• Mr. Lal’s profound knowledge and extensive experience in the power sector make him a valuable asset, as he aims to effectively leverage the potential of human resources to contribute to the organization’s goals and vision.

                                   Awards News

13. RBI Chief Shaktikanta Das Named ‘Governor Of The Year’ At London’s Central Banking Awards

• Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), was honored with the esteemed Governor of the Year Award for 2023. In his remarks, Das highlighted the evolving role of central banks in the monetary and financial systems, emphasizing that they are now tasked with significant responsibilities that go beyond their traditional mandates.
• The award was presented by Central Banking, a prominent organization that thoroughly covers and examines matters concerning central banks and financial regulators globally, during its summer meetings held in London.

                                 Sports News

14. KIIT-hosted 1st Janjatiya Khel Mahotsav Comes to an End in Odisha

• The KIIT hosted the inaugural Janjatiya Khel Mahotsav, which is a spectacular sporting event that came to a close on June 12. The event has attracted around 5,000 indigenous athletes and 1,000 officials who represent 26 states.
• It is a joint endeavor of the Odisha Government and the Union Ministry of Culture.
• The event’s opening ceremony was attended by Governor Prof Ganeshi Lal, Union Minister Dharmendra Pradhan, and the founder of KIIT and KISS, Dr Achyuta Samanta.

                      Science and Tech News

15. What is Betelgeuse, the bright red giant star?

• The bright red star Betelgeuse, called ‘Thiruvathirai’ or ‘Ardra’ in Indian astronomy, is easily spotted in the constellation Orion.
• Recent studies on the colossal red giant star Betelgeuse suggest that it is approaching the late stages of its life, specifically the carbon-burning phase, and there is a possibility that it will explode as a supernova within the next few decades. Stars are created from dense clouds of gas and dust known as nebulae.
• Through the process of nuclear fusion, they convert hydrogen into helium, producing energy and emitting light.
• As a star depletes its hydrogen fuel, it undergoes expansion and transforms into a red giant. During this phase, helium is fused into heavier elements such as carbon and oxygen.

Important Current Affairs of 15th June 2023

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