DAILY DOSE 6TH AUG CURRENT AFFAIRS
1) India’s FY23 fiscal deficit may come around 6.5%: SBI Ecowrap
- SBI Research Ecowrap released a report that said India’s fiscal deficit in the current financial year is expected to come around 6.5 per cent, as against the budget estimate of 6.4 per cent.
- Furthermore, higher nominal GDP will provide a cushion.
- The report has also revised current account deficit (CAD) estimates from 3.2 per cent of GDP to 3.7 per cent of GDP in the current financial year.
2) South Korean spacecraft launched to the moon, country’s 1st
- South Korea has launched a lunar orbiter.
- South Korea’s $180 million mission – the country’s first step in lunar exploration — features a boxy, solar-powered satellite designed to skim just 62 miles (100 kilometers) above the lunar surface.
- If successful, it will join spacecraft from the U.S. and India already operating around the moon, and a Chinese rover exploring the moon’s far side.
3) RBI retains GDP growth forecast; repo rate now above pre-Covid levels
- The monetary policy committee of Reserve Bank of India (RBI) has decided to increase repo rate, the main lending rates to banks, by 50 basis points to 5.4% with immediate effect.
- The Standing Deposit Facility rate and the Marginal Standing Facility Rate were accordingly adjusted higher by the same quantum to 5.15% and 5.65%, respectively.
- RBI retained GDP growth forecast at 7.2%.
4) NPCI and IIT Kanpur inks MoU for research collaboration
- IIT Kanpur and National Payments Corporation of India (NPCI) has signed an MOU.
- It has been signed for sharing knowledge on innovative ideas and to collaborate on the development of indigenous digital payments solutions.
- The collaboration will help in the augmentation of cybersecurity controls for NPCI and its subsidiaries’ products and services.
5) Sudhir wins India’s first Gold medal in Para-Powerlifting
- In the Commonwealth Games, Para-powerlifter Sudhir clinched gold medal in the men’s heavyweight final with the best weight of 212 kg.
- Sudhir won India’s first gold in Para-Powerlifting at Commonwealth Games.
- He defeated Nigeria’s Ikechukwu Obichukwu by 0.9 points as his final score read a games record 134.5 points for the gold.
6) Unity Bank appoints Inderjit Camotra as MD & CEO
- Unity Small Finance Bank (SFB) on 5 July 2022 appointed Inderjit Camotra as its managing director and chief executive officer.
- Unity SFB is a digital-first bank which was recently elevated to a ‘Scheduled Bank’ by RBI.
- The bank commenced its operation in November 2021.
- In January 2022, the bank also appointed Vinod Rai, the former CAG of India, as its Chairman.
7) Anshu Malik wins silver in 57kg wrestling at Commonwealth Games 2022
- Wrestler Anshu Malik on 5 July 2022 won a silver medal in the Women’s Freestyle 57kg category final at the Commonwealth Games 2022.
- She came up short against Odunayo Folasade Adekuoroye of Nigeria by 3-7 in the final.
- Earlier, Anshu had beaten Irene Symeonidis of Australia in the quarterfinal.
- In 2021, Anshu became the first Indian woman to win a silver at the World Wrestling Championships.
8) Indian Army organise first ever ‘Machhal Women’s Cricket League’
- In north Kashmir, the Indian Army along with local authorities organised the first ever Machhal Women’s Cricket League.
- The Indian Army organised this league to engage the youth of border districts, residing along the line of control (LOC), in sports activities.
- The girls from Machhal, Pushwari and Dudi villages participated in the game.
9) Centre gives cabinet secretary Rajiv Gauba one-year extension
- The Government on 5 July 2022 approved a one-year extension in service for Union cabinet secretary Rajiv Gauba.
- This is his second extension on the post.
- Gauba, former Union Home Secretary, was in 2019 appointed as cabinet secretary for 2 years.
- He was given a one-year extension in August 2021.
- Mr Gauba is said to be the key architect of the Jammu & Kashmir Reorganisation Act, 2019.
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