Current Affairs – July 06 2023

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Current Affairs – July 06 2023

1. Indore Municipal Corporation to be the first urban body to get EPR credit

Indore Municipal Corporation (IMC) in Madhya Pradesh, India, has made history by becoming the first urban body in the country to receive Extended Producers Responsibility (EPR) credit for recycling banned single-use plastic items.

Indore has implemented a complete ban on single-use plastic items within the city. In recent times, the IMC seized approximately eight tonnes of such plastic, preventing its circulation.

Moreover, Indore has also been recognized as India’s cleanest city for the sixth consecutive year in the central government’s annual cleanliness survey.

2. Bihar Surpasses Tamil Nadu as State with Highest Microlending Borrowings

Bihar has overtaken Tamil Nadu to become the state with the highest microlending borrowings in India as of March 2023, according to a report released.

The report, published by credit information company Crif High Mark, highlighted Bihar’s impressive growth with a 13.5 percent increase in the gross lending portfolio during the March quarter compared to the previous quarter.

3. Aadhav Arjuna was elected as president of the Basketball Federation of India (BFI)

Aadhav Arjuna, the president of the Tamil Nadu Basketball Association (TNBA), emerged victorious in the election held at Nehru Stadium and secured the position of president of the Basketball Federation of India (BFI).

Aadhav garnered an impressive 38 out of the 39 votes, defeating the incumbent president, K Govindaraj.

Kulvinder Singh Gill, a former player and the president of the Madhya Pradesh Basketball Association, was elected as the secretary-general.

4. Google To Appoint Former Apple Executive As India Policy Head

Tech giant Google is reportedly set to appoint manufacturing and policy veteran Sreenivasa Reddy as its top government affairs executive in India.

The company is looking to make this hiring with an eye on tackling legal challenges and expanding hardware assembly in the country.

About the Sreenivasa Reddy

Reddy is currently working as a senior engineering executive at Microsoft. He is likely to join Google towards the end of this year, as per the report. Prior to Microsoft, Reddy also worked with Apple’s India regulatory team.

5. Sirisha Voruganti appointed MD & CEO of Lloyds Banking Group’s Technology Centre in India

Lloyds Banking Group, one of the leading UK-based financial services groups has appointed Sirisha Voruganti the chief executive officer and managing director of its new Lloyds Technology Centre, based in Hyderabad, India.

Voruganti, a globally renowned technology and innovation leader joins from JCPenney, where she has served as the managing director and member of the Board for JCPenney in India.

6. Piramal Finance opens its first all-women branch in Kochi

Piramal Finance, a leading housing finance company, has taken a significant step towards empowering women by opening its first all-women branch called “Maitreyi” in Tripunithura, a suburban area in Kochi.

This strategic expansion initiative aims to cater to the unique needs of female customers and tap into the growing market potential. With plans to open branches in Jaipur, Mumbai, Mohali, and New Delhi, Piramal Finance is reinforcing its commitment to providing financial services to women across India.

7. Iceland is the world’s most peaceful country; check where India stands

The 2023 Global Peace Index (GPI) recently released its annual ranking of the most peaceful countries in the world.

Put out by the Institute for Economics and Peace (IEP), the 17th edition of the GPI ranked 163 independent states and territories according to their level of peacefulness.

“This report presents the most comprehensive data-driven analysis to date on trends in peace, its economic value, and how to develop peaceful societies,” the report said.

The GPI covers 163 countries comprising 99.7 percent of the world’s population, using 23 qualitative and quantitative indicators from highly respected sources. It measures the state of peace across three domains.

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