Current Affairs Daily Digest – June 30 2019
1. Mumbai in top 20 most expensive cities in Asia for expatriates
Mumbai in top 20 most expensive cities in Asia for expatriates. Mumbai is India’s most expensive city and included in the list of top 20 most expensive cities in Asia. The residential housing prices remain the highest in the world according to a recent survey done by the global consulting leader- Mercer.
As per Mercer’s 25th Annual Cost of Living Survey, Mumbai dropped down to 12 spots. It ranked at the 67th position out of the total 209 cities that were surveyed.
2. Nirmala Sitharaman, Union finance & Corporate Affairs minister, among ‘100 Most Influential in I-JK-India Relations: Celebrating Women’ list
Nirmala Sitharaman, Union finance & Corporate Affairs minister, among ‘100 Most Influential in I-JK-India Relations: Celebrating Women’ list. India successfully test-fired indigenously developed nuclear-capable missile Prithvi-ll. A surface-to-surface missile, from a test range off the Odisha coast.
Prithvi is the first missile developed by the Defence Research Development Organisation (DRDO). They are under the Integrated Guided Missile Development Programme (IGMDP). The trial carried out from a mobile launcher from Launch Complex-Ill of the Integrated Test Range (ITR) at Chandipur, Odisha. The launch activity carried out by the Strategic Forces Command (SEC).
3. IOA President Narinder Batra elected to IOC
Narinder Batra, President of Indian Olympic Association (IOA) was elected as a member of International Olympic Committee(IOC) in Lausanne, Switzerland. He secured 58 votes out of 62 polled.
About Narinder Batra
- He was elected to prestigious seat during the 134th IOC Session being held in Lausanne, Switzerland.
- His election is linked to his function in a National Olympic Committee that is president of Indian Olympic Association (IOA).
4. World Bank partners with First Resilient Kerala Program
The Government of India, Government of Kerala and World Bank recently signed a Loan Agreement of $250 Million for First Resilient Kerala Program which seeks to enhance State’s resilience against impacts of natural disasters and climate change.
5. RBI permits ARC to buy financial assets from Peers
The Reserve Bank of India (RBI) has permitted Asset Reconstruction Companies (ARCs) to acquire financial assets from peers i.e. other such entities. However, RBI, the apex banking regulator cleared that all such transactions have to be settled in cash.
6. UC Browser appoints Huaiyuan Yang as Vice President
UC Web Global subsidiary of Alibaba Group has appointed Huaiyuan Yang as its VP to look overseas business of UCWeb, including India and Indonesia. Yang will be closely involved with UC Browser’s operations, product development and news feed for global markets.
7. UP Guv clears appointment of Prabhat Kumar as new UPPSC chairman
Uttar Pradesh Governor Ram Naik Friday approved the appointment of Prabhat Kumar as the new chairman of the Uttar Pradesh Public Service Commission.
A statement issued by the Raj Bhavan said, “UP Governor Ram Naik on the recommendation of UP Chief Minister Yogi Adityanath has given his approval for the appointment of Prabhat Kumar as the chairman of Uttar Pradesh Public Service Commission.”
8. India, Indonesia set $50-billion trade target by 2025 to boost bilateral ties
India and Indonesia on Saturday set an ambitious $50 billion target for bilateral trade over the next six years as Prime Minister Narendra Modi and President Joko Widodo discussed ways to deepen cooperation in a number of key areas including economy, defence and maritime security.
The two leaders, who are in Osaka, Japan for the G20 Summit, met in the morning and discussed ways to boost bilateral ties and enhance cooperation in trade and investment.
9. American Fritz wins maiden ATP title in Eastbourne
American Taylor Fritz claimed his maiden ATP title in Eastbourne, beating compatriot Sam Querrey 6-3 6-4 in the final on Saturday. Playing only his second final, Fritz made a solid start to break Querrey to love in his first return game.
Fritz went on to dominate the majority of the baseline rallies, while Querrey was undone by unforced errors in key moments of the match. The 21-year-old Fritz clinched another early break of serve in the second set before closing out the victory in just over an hour with an ace.
10. Indian scientist to be Co-I for NASA’s PUNCH mission
NASA has selected Texas-based Southwest Research Institute to lead its PUNCH mission which will image the Sun. This is a landmark mission that will image regions beyond the Sun’s outer corona.
Dipankar Banerjee, solar physicist from Indian Institute of Astrophysics is also a Co-Investigator of the PUNCH mission. PUNCH, which stands for “Polarimeter to Unify the Corona and Heliosphere,” is focused on understanding the transition of particles from the Sun’s outer corona to the solar wind that fills interplanetary space.