01 July 2023 Current affairs: Staying well-informed about the latest current affairs is essential in our rapidly evolving world. As we delve into the month of July 2023, this article provides a concise yet comprehensive overview of the significant events that unfolded during this period. Explore the current affairs of July 2023, encompassing politics, economics, technology, and more, as we bring you up-to-date with the latest happenings around the globe.
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Current Affairs of 01 July 2023 PDF | 01 July 2023 Current affairs
IndiGo’s parent company InterGlobe Aviation has become the first airline in India to cross the market capitalization of Rs 1 lakh crore. IndiGo ranks 10th in terms of market capitalization among the world’s top 10 listed airlines. The company’s share price on Wednesday climbed 4% to a record high of ₹2,634.25/share on the BSE. InterGlobe Aviation Limited is a low cost airline headquartered in Gurugram, Haryana.
The Indian men’s football team has climbed one place to be ranked 100th in the latest FIFA rankings. This is the first time in the last five years that India has managed to make it to the top 100. This improvement in India’s ranking has come in view of the recent performance of the team. In the Intercontinental Cup and South Asian Football Federation Championship in June, India won a total of 5 matches and drew two matches.
The state government of Uttar Pradesh is going to start ‘One-Tap-One-Tree’ campaign in the state from July 1. Under this campaign, free saplings will be distributed with each new tap connection in the rural areas of the state. More than 5 lakh saplings will be distributed within a week of the launch of this campaign. The objective of this campaign is to promote green cover while ensuring potable tap water in rural areas.
Tamil Nadu women’s football team has won the title of Senior National Women’s Football Champion by defeating Haryana. Tamil Nadu won the title by defeating Haryana 2-1 in the final at the Guru Nanak Stadium in Amritsar. Tamil Nadu last won this title in 2018.
01 July Current affairs 2023 in English | 01 July 2023 Current affairs
The Congress party has appointed TS Singhdev as the Deputy Chief Minister of Chhattisgarh. Congress President Mallikarjun Kharge has approved the proposal to make TS Singhdev the Deputy Chief Minister in Chhattisgarh government. This decision has come before Chhattisgarh assembly elections 2023, which is considered important in the context of state politics. At present the Chief Minister of Chhattisgarh is Bhupesh Baghel.
India has won the Asian Kabaddi Championship 2023 title by defeating Iran 42-32 in the final. The Asian Kabaddi Championship 2023 was organized in Busan, South Korea. This was India’s eighth title in the last nine editions. The next target of the Indian Kabaddi team is to win a medal in the Asian Games to be held in Hangzhou, China.
The World Bank has provided an aid of US$ 700 million to Sri Lanka to overcome the current economic crisis and provide relief to the poor and vulnerable. This is the biggest funding tranche after the IMF agreement in March. Sri Lanka is currently facing the biggest economic crisis in its history. Of this amount, US$ 500 million has been allocated for budgetary support and US$ 200 million for social security.
Rohit Jawa has assumed charge as the Managing Director and CEO of Hindustan Unilever Ltd (HUL), replacing Sanjiv Mehta who retired after the company’s annual general meeting. Jawa, who was appointed as an Additional Director and CEO-Designate from April 1, 2023, previously served as the Chief of Transformation for Unilever in London. He began his career with HUL as a management trainee in 1988.
01 July 2023 Current affairs in English
The Cabinet Committee on Economic Affairs (CCEA) has approved the fair and remunerative price of Rs 315 per quintal for sugarcane farmers for the season 2023-24. This price will be applicable for the purchase of sugarcane from farmers by sugar mills starting from October 1, 2023. Additionally, a premium of Rs.3.07 per quintal will be provided for every 0.1% increase in recovery above 10.25%, while the fair and remunerative price will be reduced by Rs 3.07 per quintal for every 0.1% decrease in recovery.
The Karnataka government has decided to provide cash instead of rice to below poverty line (BPL) families until rice is procured. Previously, the Siddaramaiah government had guaranteed the provision of 10 kg of rice for free to every member of a BPL household. Now, beneficiaries will receive cash at the rate of ₹34 per kilo for the additional 5kg of foodgrain promised under the ‘Anna Bhagya’ scheme. The disbursement of money will commence on July 1.
The Union Cabinet has approved the introduction of the National Research Foundation (NRF) Bill, 2023, in parliament. The aim of the bill is to establish the NRF, which will promote research and development (R&D) and foster a culture of research and innovation in universities, colleges, research institutions, and R&D laboratories across India. The Department of Science and Technology (DST) will be the administrative Department of the NRF.
The Gujarat government has signed a memorandum of understanding (MoU) with US-based chip maker Micron to establish a $2.75 billion semiconductor assembly and test facility in Sanand, Ahmedabad. This facility will be India’s first semiconductor manufacturing plant and is expected to be operational within 18 months. Micron will receive 50% fiscal support for the total project cost from the Indian government and incentives representing 20% of the total project cost from the Gujarat government.
InterGlobe Aviation Ltd (IndiGo) has become India’s leading airline to surpass ₹1 trillion in market capitalization. IndiGo’s stock reached a 52-week high of ₹2,634.25 on the BSE, resulting in a market value of ₹1.01 trillion. The airline placed an order for 500 Airbus A320 Family aircraft, marking the largest order in the history of commercial aviation.
India has been ranked 67th globally in the World Economic Forum’s (WEF) energy transition index. Notably, India is the only major economy whose energy transition has accelerated across all dimensions. The top five countries in the index are Sweden, Denmark, Norway, Finland, and Switzerland. While the global energy transition has plateaued due to the ongoing energy crisis and geopolitical volatilities, India has made significant improvements in this area.