The Competition Commission of India (CCI) was founded in 2003 under the provisions of the Competition Act, 2002. Which ministry does the CCI come under?

The Competition Commission of India (CCI) is a statutory body within the Ministry of Corporate Affairs in India.

World Olympic Day is observed globally on June 23. The theme of Olympic Day 2023 is 'Let's Move,' which aims to inspire people around the world to make time for daily physical activity. Where is the headquarters of the International Olympic Committee located?

The headquarters of the International Olympic Committee (IOC) is located in Lausanne, Switzerland.

Daily Current Affairs and News Headlines of 24th June 2023

Table of Contents

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 24 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 24 June Current Affairs 2023 covering the news headlines on ‘Balidan Stambh’ in Srinagar, Medha Rail Coach Factory, DRDO and L&T tie-up for AIP System, Most Preferred Workplace of 2023-24.

Top 13 Daily Current Affairs: National & International News:

Here is providing below the top 13 important 24 June 2023 news headlines in english updates with national & international news.

National News

1. Amit Shah lays foundation stone of ‘Balidan Stambh’ in Srinagar

Union Home Minister Amit Shah has inaugurated the construction of the ‘Balidan Stambh’ in Srinagar, Jammu and Kashmir, June 24.
Jammu and Kashmir Lieutenant Governor Manoj Sinha joined him at the park near Lal Chowk, the commercial center of Srinagar.
This memorial is a part of the Srinagar Smart City project and serves as a tribute to the brave martyrs who sacrificed their lives for the nation.
While stringent security arrangements had been put in place for the function, shops in and around the venue were open and traffic remained normal, except when it was briefly stopped at the stretch between Regal Crossing and Lal Chowk till Shah left the venue.

State News

2. Telangana CM Inaugurates Medha Rail Coach Factory in Hyderabad

Telangana Chief Minister K Chandrashekhar Rao recently inaugurated the Medha Rail Coach Factory, the largest private coach factory in India, located in Kondakal, Shankarpally mandal of Rangareddy district.
During the inauguration ceremony, CM KCR assured complete support to Medha Servo Group for its expansion in Telangana, expressing confidence that it would generate significant employment opportunities for the local youth.

Defence News

3. DRDO and L&T tie-up for AIP System in Indian Navy

Larsen & Toubro (L&T) and the Defence Research and Development Organisation (DRDO) have formed a partnership to create an Indigenous Air Independent Propulsion (AIP) System for the submarines in the Indian Navy.
Under this collaboration, two AIP System Modules are being developed for the Kalvari Class submarines.
These modules, comprising fuel cell-based Energy Modules (EMs), aim to generate power and produce hydrogen as needed.
This innovative approach eliminates the requirement to store hydrogen onboard, thereby addressing safety issues associated with carrying hydrogen on submarines.

Business News

4. NTPC Receives “Most Preferred Workplace of 2023-24” Award from Team Marksmen

NTPC Ltd., India’s largest power generator, has been recognized by Team Marksmen as the “Most Preferred Workplace of 2023-24.”
This esteemed award acknowledges NTPC’s outstanding performance in several key areas, highlighting the organization’s commitment to organizational purpose, employee centricity, growth, recognition and rewards, intrapreneurial culture, work-life balance, diversity, equality and inclusion, safety, and trust.

5. TCS Secures $1.9 Billion Deal to Digitally Transform UK’s National Employment Savings Trust

IT services giant Tata Consultancy Services (TCS) has announced a significant expansion of its partnership with the UK’s National Employment Savings Trust (NEST), the country’s largest workplace pension scheme.
The £840 million ($1.1 billion) deal aims to digitally transform NEST’s administration services over an initial tenure of 10 years, providing enhanced member experiences.
If extended to the full 18-year tenure, the contract’s total maximum estimated value will reach £1.5 billion ($1.9 billion).

Banking News

6. RBI Imposes Penalties on Axis Bank, J&K Bank, and Bank of Maharashtra

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2.5 crore on Jammu & Kashmir Bank for non-compliance with certain directions issued by the RBI.
The penalty relates to the bank’s failure to adhere to RBI’s guidelines on the central repository of large common exposures across banks, loans, and advances, as well as statutory and other restrictions.
Additionally, the bank did not ensure the timely implementation and strengthening of SWIFT-related operational controls.
The RBI’s statutory inspection conducted on March 31, 2021, revealed non-compliance with these directions.

Ranks & Reports News

7. Vienna Retains Title as Most Livable City: Global Liveability Index 2023 Report

According to the Economist Intelligence Unit (EIU)’s Global Liveability Index 2023 report, Vienna, Austria has once again claimed the top spot as the best city to live in worldwide.
The report attributes Vienna’s success to its exceptional combination of stability, rich culture and entertainment, reliable infrastructure, exemplary education, and health services. The city has consistently held this position in recent years, with the only interruption being caused by the Covid-19 pandemic.

Important Days News

8. Day of the Seafarer 2023: Date, Theme and History

The Day of the Seafarer is a special day dedicated to all those who work closely with salt water, including Coast Guards, Navies, fishermen, marine biologists, and cruise ship captains.
It commemorates the first recorded sea voyage around 3200 BCE, which was sponsored by the Egyptian Pharaoh Snefru, known for building several pyramids.
This annual event, observed on June 25th, aims to acknowledge the crucial role played by seafarers in international trade, the global economy, and society as a whole.
Furthermore, it emphasizes their significant efforts in safeguarding the marine environment.

9. World Hydrography Day 2023: Date, Theme and History

On June 21, 2023, the Indian Naval Hydrographic Department celebrated World Hydrography Day (WHD).
The National Hydrographic Office (NHO) in Dehradun organized a range of activities to commemorate WHD.
These initiatives were designed to increase understanding and recognition of the vital role played by hydrography in ensuring secure navigation, fostering sustainable marine development, and supporting the Indian government’s Blue Economy objectives, which include safeguarding our oceans and coastal regions.

10. International Day of Women in Diplomacy 2023: Date, Theme, Significance and History

The International Day of Women in Diplomacy (IDWID) is observed annually on June 24 to honor and recognize remarkable women in the fields of diplomacy and decision-making across the globe.
Diana Abgar, an Armenian ambassador, is credited as the first female diplomat of the 20th century.
The theme for this year’s International Day of Women in Diplomacy (IDWID) Inaugural Forum, organized by the Royal Academy of Science International Trust (RASIT), is “Breaking Barriers, Shaping the Future: Women in Diplomacy for Sustainable Development.”

Agreements News

11. Paytm Collaborates with Arunachal Pradesh to Foster Startup Ecosystem

Paytm Payment Services Limited (PPSL) entered into a memorandum of understanding (MoU) with Arunachal Pradesh Innovation and Investment Park (APIIP) to establish a thriving startup ecosystem for the youth in the northeastern state.
The partnership aims to nurture entrepreneurship and encourage young business ventures during their early stages of development.

Sports News

12. Cristiano Ronaldo sets Guinness World Record to make 200 International Caps

Cristiano Ronaldo has received a Guinness World Record after reaching 200 international caps for Portugal. The legendary forward is making his 200th appearance for A Selecao das Quinas in their Euro 2024 qualifier against Iceland.
The 38-year-old has broken another record and is the most-capped player in international football.
Cristiano Ronaldo’s achievement has been recognized by the Guinness Book of Records. The Portugal captain was presented with a certificate for his accomplishment before his nation’s clash against Iceland.

Books & Author News

13. Journalist A.K. Bhattacharya authored a new book titled “India’s Finance Ministers”

Veteran Journalist Ashok Kumar Bhattacharya (AK Bhattacharya) has authored a new book titled “India’s Finance Ministers: From Independence to Emergency (1947-1977)” which highlights the role of India’s finance ministers who shaped India’s economy in the first 30 years(from 1947 to 1977) after Independence. The book is published by Penguin Business an imprint of Penguin Random House.

Important Current Affairs of 24th June 2023

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