World Oceans Day

Theme:"Gender and the Ocean".

Brain Tumor Day

This day is observed on 8th June every year since 2000 by German Brain Tumour Association.

RBI Monetary Policy Highlights: Rate cut by 25 bps, policy stance changed

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For the third time in a row, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) today cut interest rates by 25 basis points, as was widely expected.

Source:hindustantimes.com

Manpreet Vohra concurrently accredited as India's next High Commissioner to Belize

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Manpreet Vohra, presently Additional Secretary in the Ministry of External Affairs (MEA) and Indian Ambassador-designate to Mexico, has been concurrently accredited as the next High Commissioner of India to Belize.

World Food Safety Day

This wa the first-ever World Food Safety Day.

Theme:"Food Safety, everyone’s business".

Prahlad Singh Patel inaugurates Exhibition ‘Unknown Masterpieces of Himachal Folk Art' in the national capital today

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The Minister of State (I/c) of Culture & Tourism, Govt. of India ShriPrahaladSinghPatel,inaugurated the exhibition titled "Unknown Masterpieces of Himachal Folk Art”, at National Museum, new Delhi.

"Unknown Masterpieces of Himachal Folk Art”. Source:5dariyanews.com

The Exhibition is being jointly organised by the National Museum, New Delhi and Home of Folk Art, Gurugram in which more than 240 artefacts are on display. Out of this,230 objects belong to the personal lifetime collection of Late K.C. Aryan, Home of Folk Art, Gurugram.

India signs Rs 300-crore deal with Israel to buy 100 more 'Balakot bombs'

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The Indian Air Force has signed Rs 300-crore deal with the Israeli government to buy as many as 100 SPICE bombs. The newly ordered SPICE bombs are an advanced version of SPICE-2000 bombs which were used by the IAF during the air strikes in Balakot on February 26.

India to procure avanced version of the SPICE-2000 bombs. Source:businesstoday.in

They will be delivered in the next 3 months as the deal has been signed under emergency powers.

Swachh Survekshan league 2020 to ensure cleanliness and sustainability

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The Minister of State (I/C) for Housing & Urban Affairs, Shri Hardeep S Puri has launched the Swachh Survekshan 2020 League at the Ministry of Housing and Urban Affairs (MoHUA), New Delhi on 6 June, 2019.

It will be conducted in three quarters (April- June, July – September and October- December 2019) and will give equal weightage to every quarter based on cities updating their progress on online MIS (Management Information System) and citizens.

NGT forms panel to discuss plea seeking ban on plastic packaging

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The National Green Tribunal (NGT) has formed a panel headed by NGT Chairperson Justice Adarsh Kumar Goel,to look into the needs for further norms to restrict the use of plastic packaging of food products.

The National Green Tribunal. Source:livelaw.in

SriLankan Airlines named world's most punctual

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SriLankan Airlines, the flag carrier of the island nation, has been named the 'World's Most Punctual Airline' for the second consecutive time with over 90 per cent of its flights in May being "on time".

SriLankan Airlines. Source:newsfirst.lk

LATAM Airlines was in second place with 38,202 flights. All Nippon Airways was in third place with 29,536 flights. 8th was Singapore Airlines with 7,987 flights. Emirates was in 10th place with 12,615 flights.

SEBI, MCA sign pact for more data scrutiny

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The Securities and Exchange Board of India (SEBI) and the Ministry of Corporate Affairs (MCA) signed a memorandum of understanding (MoU) to facilitate seamless sharing of data and information for carrying out scrutiny, inspection, investigation and prosecution.

Russia opens first Arctic train service to Norway

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Russia has launched its first tourist train service named Zarengold (“The Tsar’s gold” in German)passing through Russia’s Arctic region. It begins a journey from Saint Petersburg station to Norway with 91 passengers aboard.

Russia opens first Arctic train service to Norway. Source:thelocal.no

The passengers came from seven countries including the US, Germany, Norway, and Russia for the inaugural journey.

The train is expected to run twice in 2020 and four times in 2021.

RBI Monetary Policy Highlights: Rate cut by 25 bps, policy stance changed

Short Detail

For the third time in a row, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) today cut interest rates by 25 basis points, as was widely expected.

Source:hindustantimes.com

New Rates

• Policy Repo Rate:5.75%
• Reverse Repo Rate:5.50%
• Marginal Standing Facility Rate:6.00%
• Bank Rate:6.00%

RBI removes charges on RTGS/NEFT transactions; asks banks to pass on benefits

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The Reserve Bank of India(RBI) has removed the charges levied on Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) transactions to boost digital payments.

At present, the banks levy minimum charges for transactions done through RTGS system for large-value (Rs 2 lakh and above) instantaneous fund transfers and NEFT System for other fund transfers (below Rs 2 lakh).

Fincare SFB, Kookmin Bank included in second schedule of RBI Act

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Fincare Small Finance Bank and Kookmin Bank have been included in the second schedule of the Reserve Bank of India Act, 1934.

DG Rajendra Singh inaugurates 4th Coast Guard Subordinate Officers Conclave

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The 4th Coast Guard Subordinate Officers Conclave 2019 was inaugurated by Director General Rajendra Singh in New Delhi.

ICG inaugurated its 4th Subordinate Officers Conclave 2019 in New Delhi. Source:devdiscourse.com

On this occasion, A Coast Guard Benevolent Association App was launched. Through this app, the Coast Guard Personnel can log on the site and apply for the required financial assistance online.

World Environment Day

China is the country for World Environment Day 2019.

World Environment Day. Source:patrika.com

Theme:"Beat Air Pollution".

Yet again, Mumbai most congested in world, finds study

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The TomTom Traffic Index 2018, carried out by location technology specialist TomTom, covered 403 cities in 56 countries and defined congestion as the extra time added to road travel when traffic doesn’t flow freely. Mumbai topped the list of cities with drivers expecting to spend an average of 65% extra travel time stuck in traffic. New Delhi ranked fourth with a congestion rank of 58%. Bogota (63%) in Colombia and Lima in Peru (58%) were ranked second and third on the list respectively, while the Russian capital Moscow (56%) ranked fifth.

Traffic Index 2018. Source:prokerala.com

Equator Prize 2019 winners announced for local innovative climate solutions

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The United Nations Development Programme (UNDP) and partners announced the winners of the10th Equator Prize 2019. It recognized 22 local and indigenous communities from across the world.The winners were selected from a pool of 847 nominations across 127 countries in a four-stage selection process by an independent Technical Advisory Committee of internationally renowned experts.

Telangana-based NGO won UN’s Equator Prize 2019. Source:undp.org

Winners will each receive $10,000 and the opportunity for two community representatives to join a week-long summit in New York during the 74th United Nations General Assembly (UNGA).

The award ceremony will be on 24 September 2019.

Telangana-based NGO,The women sangams (groups) of the Deccan Development Society (DDS) bagged the United Nation’s Equator Prize for 2019.

India-born Pramila Jayapal becomes first South Asian American woman to chair US house

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Indian-American Congresswoman Pramila Jayapal became the first South Asian American woman to preside over the US House of Representatives.

Pramila Jayapal. Source:wikipedia.org

China successfully launches its Long March-11 rocket from sea for first time

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China launched a space rocket from sea for the first time,the latest step in Beijing's push to become a major space power..The Asian giant now spends more than Russia and Japan on its civil and military space programmes—unveiling ambitious plans for missions to the moon and beyond in the coming decade.

Long March-11 rocket. Source:spacetechasia.com

A Long March 11 rocket was launched from a ship in the Yellow Sea just after midday, the China National Space Administration said in a statement.

With this achievement, China joined the U.S. and Russia as the 3 global powers with proven ability to launch rockets into space from the sea.

India Ranks 95 Among 129 Countries in Global Gender Equality Index

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India ranked 95th out of 129 countries in a new index that measures global gender equality looking at aspects such as poverty, health, education, literacy, political representation and equality at the workplace.

Gender Equality Index. Source:wikipedia.net

Army, Air Force joint exercises end in Punjab

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The exercise, Kharga Prahar,A major week-long exercise jointly by the Indian Army and Indian Air Force (IAF) concluded in Punjab on Tuesday.

Ashok Leyland ties up with Suryoday Small Finance Bank for vehicle loans

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Ashok Leyland has partnered with Suryoday Small Finance Bank for vehicle loans.

Suryoday Small Finance Bank. Source:fiaks.com

Food grains production estimated at 283.37 mt for 2018-19: 3rd Advance Estimates

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The Department of Agriculture, Cooperation and Farmers Welfare under the Ministry of Agriculture & Farmers Welfare released the 3rd Advance Estimates of production of major crops for 2018-19.

3rd Advance Estimates. Source:stackpathcdn.com

As per Third Advance Estimates for 2018-19, total foodgrain production in the country is estimated at 283.37 million tonnes (mt) which is higher by 17.62 mt than the previous five years' (2013-14 to 2017-18) average production of foodgrain.

Army creates website for veterans, pensioners, NOK

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In a move to have a better connect with armed forces veteran officers, family pensioners and to address their grievances, a website named Retired Officers Digital Records Archive (RODRA) has been launched by the Indian Army.

Two-day Yoga Mahotsava launched by Ministry of AYUSH

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Yoga Mahotsav-2019, organised by Morarji Desai National Institute of Yoga (MDNIY), under the Ministry of AYUSH, was inaugurated by Rajeev Kumar, Vice-Chairman, NITI Aayog, Rajeev Kumar at New Delhi.

Two-day Yoga Mahotsava. Source:5dariyanews.com

Two applications ‘Yoga Locator’ and ‘Bhuvan App’ were also launched at the event.

Indians rank 2nd among Bleisure travellers globally: Study

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With 72 per cent Indian travellers extending their business trips in 2018, they have been ranked second among 'Bleisure' travellers across 31 countries, according to a study.

Indians are second to Thai travellers (80 per cent) and more than the global average (51 per cent), a Booking.com study has revealed.

V-Nourish partners with Shah Rukh Khan for its launch campaign

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Consumer brand Veeba Foods has forayed into child nutrition segment with its new brand, V-Nourish, and has partnered with Shah Rukh Khan for its launch campaign, Shaitan ki Jaan.

V-Nourish partners with Shah Rukh Khan . Source:shopify.com

SpiceJet chief Ajay Singh elected to IATA board

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Low cost carrier SpiceJet's Chairman and Managing Director Ajay Singh was Sunday elected to the board of the International Air Transport Association (IATA).

Ajay Singh. Source:livemint.com

Other board members include Air Canada President and CEO Calin Rovinescu, Qantas CEO Alan Joyce and Qatar Airways CEO Akbar Al Baker.

Two-day Elephanta Festival begins in city

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The two-day Elephanta Festival organised by the Maharashtra Tourism Development Corporation (MTDC) began on Saturday with a concert by folk and classical singer Kailash Kher at the Gateway of India.

Theme:Swarang

Indian Navy steps up anti-piracy patrol

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In an expansion of its Mission Based Deployments (MBD) in the Indian Ocean Region (IOR), the Navy deployed its P-8I long-range maritime surveillance aircraft for anti-piracy sorties from Salalah in Oman to patrol the Gulf of Aden.

Deploys P-8I long-range maritime surveillance aircraft over Gulf of Aden.. Source:lthehindu.com