Current Affairs June 2023

DBS Bank India appoints Rajat Verma as Managing Director

DBS Bank India has appointed Rajat Verma as managing director and head of institutional banking in India. The current head of institutional banking Niraj Mittal has recently moved to a new role as country head of DBS Bank in Australia.
The bank said Mittal will focus on growing the DBS franchise there, including improving linkages with South-East Asia and South Asia.

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Mastercard CEO Michael Miebach Joins USISPF Board Of Directors

Mastercard CEO Michael Miebach has joined the board of directors of the US-India Strategic and Partnership Forum (USISPF).
Observing that USISPF is a critical forum for business and government leaders to come together and drive the next phase of growth in the US-India partnership, Miebach said he believes the relationship between the two countries will define the future of the global economy and shape their ability to tackle the most pressing global challenges together.
This strategic alliance aims to foster collaborations in various sectors and promote the growth and development of both economies.

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Indian Economic Trade Organization appoints Nutan Roongta as Director of USA East Coast

The Indian Economic Trade Organization (IETO) has recently announced the appointment of Nutan Roongta as the Director of the USA East Coast Chapter. This significant development highlights IETO’s commitment to expanding its presence and promoting bilateral trade and economic cooperation between India and the United States.
As the Director of the USA East Coast Chapter, Nutan Roongta will play a pivotal role in leading and coordinating the organization’s activities across this vital region.
With her extensive experience and expertise in international trade and business development, she is well-equipped to spearhead IETO’s efforts to enhance commercial ties between the two nations.

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S&P Retains India’s Growth Projection at 6% for FY24; Fastest Growing Economy in Asia Pacific

S&P Global Ratings, a leading credit rating agency, has retained India’s GDP growth projection at six percent for the fiscal year 2023-2024.
This forecast positions India as the fastest growing economy among the Asia Pacific nations. The rating agency’s decision to maintain the growth outlook is based on the country’s domestic resilience.

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Kyriakos Mitsotakis sworn in as Greek Prime Minister

Kyriakos Mitsotakis, leader of the centre-right New Democracy party, has been sworn in as the prime minister of Greece for a second term following a resounding election victory.
Mitsotakis has outlined his plans to rebuild Greece’s credit rating, create jobs, raise wages, and boost state revenues. His party secured 158 seats in the 300-seat parliament, surpassing the leftist Syriza party, which governed Greece from2015-2019 during the country’s economic crisis.

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Govt launches Nandi portal to grant NOC for veterinary drugs, vaccines

The Ministry of Fisheries, Animal Husbandry, and Dairying has taken a significant step towards streamlining the regulatory approval process for veterinary drugs and vaccines with the launch of the Nandi portal.
The portal aims to timely process applications and grant non-objection certifications (NOC) for these essential products.
With the increasing demand for veterinary products, especially due to the ongoing livestock vaccination drive, the Nandi portal will play a crucial role in expediting the approval process.

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1,000-Year-Old Jaina Sculptures Discovered near Hyderabad, Telangana: Largest ‘Dwarapala’ Sculpture Found in Siddipet

Archaeologists in Siddipet district, Telangana, have made a significant discovery in the form of a 1,000-year-old sculpture.
This extraordinary find, a ‘dwarapala’ sculpture representing Vijaya, the doorkeeper of Lord Vishnu, surpasses any previously reported findings in Telangana.
Measuring six feet above the ground and three feet below, with a thickness of 9 inches, the sculpture was carved out of granite stone in relief.

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Gautam Adani Launches ‘Jeetenge Hum’ With 1983 Heroes Ahead Of Cricket World Cup 2023

The Adani Group celebrated its Foundation Day, honoring the Indian cricket team that won the 1983 World Cup.
The event, dubbed “Adani Day,” took place on the 61st birthday of the group’s founder, Gautam Adani.
The Adani Group launched the “Jeetenge Hum” campaign during the event, with the goal of rallying support for Team India and boosting morale ahead of the upcoming ICC ODI Cricket World Cup 2023.

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PM Narendra Modi receives Egypt’s highest honour ‘Order of the Nile’

During his official visit to Egypt, Prime Minister Narendra Modi was bestowed with the highest state honor of Egypt, known as the ‘Order of the Nile.’
This recognition marks the 13th international award received by Prime Minister Modi.
The prestigious award was presented to him by Egyptian President Abdel Fattah al-Sisi, making it a significant moment as Prime Minister Modi became the first Indian Prime Minister to visit Egypt since 1997.

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Singer-composer Shankar Mahadevan receives honorary doctorate in UK

Renowned singer-composer Shankar Mahadevan has been granted an honorary doctorate by Birmingham City University (BCU) in England.

The prestigious recognition is a tribute to his significant contributions to the field of music and the arts. Shankar Mahadevan, 56 years old, is a prominent member of the highly accomplished music composing trio known as Shankar-Ehsaan-Loy.

The honorary doctorate was presented to him by Professor Philip Plowden, the Vice-Chancellor of Birmingham City University, during a ceremony held in Birmingham.

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