Current Affairs Daily Digest – June 03 2020

Current Affairs Daily Digest – June 03 2020

Latest Current Affairs

1. Cabinet approved MoU between India and Bhutan on Cooperation in the areas of Environment

The Union Cabinet chaired by Prime Minister Narendra Modi approved the Memorandum of Understanding (MoU) signed between India and Bhutan. The agreement was signed to improve cooperation in the areas of the Environment.

2. Pan-India Real-Time Market in electricity launched

Union Minister of State (IC) Power and New & Renewable Energy & Minister of State (Skill Development and Entrepreneurship) RK Singh launched pan-India Real-Time Market in electricity through video conference in New Delhi on 3 June 2020. The real-time has placed the Indian electricity market amongst a league of few electricity markets in the world.

3. VN Datt takes over as Chairman and MD of National Fertilizers Limited

Virendra Nath Datt, Director (Marketing), National Fertilizers Limited (NFL) has taken over the additional charge of Chairman & Managing Director (MD) of the Company on 3 June. Datt is associated with Company as Director (Marketing) since October 2018.

4. World Bicycle Day is observed on 3 June

World Bicycle Day is observed on 3 June. The day aims to motivate and inspire people towards having more tolerance, understanding, and respect for one another. Bicycle signifies a sustainable means of transport which is good for the environment and economy.

5. India drops six places in the ranking for world’s best startup ecosystems

India is home to the third largest startup ecosystem, but in a latest ranking of global startup ecosystems by Startupblin, India has dropped 6 places to the 23rd spot. StartupBlink is a global comprehensive startup ecosystem map and research centre.

India’s Silicon Valley Bengaluru dropped three places to have the 14th rank in the top cities with best startup ecosystems ranking, while the national capital Delhi climbed three spots to the 15th rank. Meanwhile, Mumbai held the 22nd rank. Hyderabad lost 21 spots to be ranked 96th.

6. Gaitri Kumar appointed India’s next High Commissioner to UK

Seasoned diplomat Gaitri I Kumar has been appointed as India’s next High Commissioner to the United Kingdom, the External Affairs Ministry said on Tuesday. Kumar, a 1986-batch Indian Foreign Service officer, succeeds Ruchi Ghanashyam.

At present, Kumar is serving as Indian Ambassador to Belgium, Luxembourg, and the European Union.

7. Tata Power completes 51% stake buy in Odisha’s TPCODL

Tata Power said it has completed the acquisition of 51 per cent stake in TP Central Odisha Distribution Ltd (TPCODL) for Rs 178.5 crore. TPCODL carries out the business of Central Electricity Supply Utility of Odisha (CESU). The acquisition paves the way for taking over the power

8. Krishnendu Majumdar Succeeds Pippa Harris as BAFTA Chair

The British Academy has named Krishnendu Majumdar as its new chair, with the award-winning TV producer becoming the first person of color to be appointed to the role in BAFTA’s 73-year history and its youngest chair in 35 years.

Majumdar, who has been deputy chair for one year, is due to remain as chair for the next three years — the newly extended term for all future BAFTA chairs. He succeeds Pippa Harris, who will now continue as deputy chair.

9. Ladakh’s Congress veteran P Namgyal tests positive after death

A day after his death in Leh, samples collected from former Union minister and three-time Congress MP from Ladakh, P Namgyal tested positive for Covid-19.

The Union Territory administration has now set up two committees to look into non-adherence of protocol laid down for containing the outbreak. Namgyal, 83, returned from Delhi recently and was under home quarantine.

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