13 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 13 July 2023 PDF | 13 July 2023 Current affairs
Preeti Aghalayam, an IIT Madras alumna and professor in the Department of chemical engineering, has been named director-in-charge of the Indian Institute of Technology (IIT) Zanzibar campus in Tanzania. The launch of IIT Zanzibar was made possible through an MoU between India and Tanzania. The institute has already started accepting applications for admission and will offer two full-time academic programs.
India achieved a remarkable feat at the 34th International Biology Olympiad (IBO) 2023 held in Al Ain, UAE. The country secured the top position in the medals tally for the first time, winning all gold medals. The winning students were Dhruv Advani from Bengaluru, Karnataka, Ishan Pednekar from Kota, Rajasthan, Megh Chhabda from Jalna, Maharashtra, and Rohit Panda from Risali, Chattisgarh.
The 50th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, concluded in New Delhi. Several key decisions were taken during the meeting, including the imposition of a 28% GST rate on gaming, horse racing, and casinos. Additionally, exemptions were made for certain pharma products, and GST rates were reduced for various items such as snack palettes, fish soluble paste, and imitation zari thread.
France announced its decision to join Britain in supplying long-range SCALP missiles to Ukraine. The announcement was made by French President Emmanuel Macron at a NATO summit in Lithuania. The move aims to enhance military aid to Ukraine and support its counteroffensive efforts. SCALP missiles are known for their advanced navigation systems and target accuracy.
13 July Current affairs 2023 in English | 13 July 2023 Current affairs
The International Financial Services Centres Authority (IFSCA) signed an MoU with the Climate Policy Initiative to strengthen mutual assistance and cooperation. The objective of the agreement is to increase global sustainable capital flows into India and promote sustainable development. The mobilization of sustainable finance plays a crucial role in transitioning to green and resilient economies. IFSCA, established in April 2020, is responsible for the development and regulation of international financial services.
IFSCA also signed an MoU with IIML-EIC at IIM Lucknow, Uttar Pradesh. The collaboration aims to support and facilitate FinTech and TechFin entities. IFSCA, as the regulatory authority for international financial services, and IIML-EIC, promoted by IIM Lucknow and supported by the National Science & Technology Entrepreneurship Development Board, will work together to promote innovation in the financial sector.
The International Cricket Council (ICC) awarded the ‘Player of the Month’ accolade for June 2023 to Wanindu Hasaranga from Sri Lanka and Ashleigh Gardner from the Australian women’s team. Wanindu Hasaranga was honored for his exceptional performance during the World Cup Qualifier matches in Zimbabwe, where he set new records. Ashleigh Gardner became the first player to win the Player-of-the-Month award three times.
The Reserve Bank of India (RBI) cancelled the licenses of two cooperative banks, namely Sri Sharada Mahila Co-operative Bank in Tumkur, Karnataka, and Harihareshwar Sahakari Bank in Wai, Satara. The decision was made due to insufficient capital and earning prospects. The depositors of these banks will receive the full amount of their deposits from DICGC, with a majority of depositors being eligible for this.
13 July 2023 Current affairs in English
July 12 is observed as World Paper Bag Day, highlighting the use of paper bags as a more environmentally friendly alternative to plastic bags. The day aims to raise awareness about the harmful effects of plastic bags on the environment. The history of paper bags dates back to the 19th century when the first paper bag machine was invented by Francis Wolle in 1852.
The Odisha state cabinet approved the inclusion of the Kui language in the eighth schedule of the Indian Constitution. This decision aims to preserve, promote, and propagate the language and culture of the Kandha community. Kui is a South-Eastern Dravidian language primarily spoken in Odisha, and it is traditionally written using the Odia script.
According to the Global Multidimensional Poverty Index (MPI) released by UNDP, approximately 415 million people in India have risen out of poverty between 2005 and 2021. India is among the 25 countries that have successfully halved their global MPI values within 15 years. The MPI monitors poverty reduction and people’s experiences of poverty across various aspects of daily life in 81 countries.
Larsen & Toubro (L&T) signed a Master Shipyard Repair Agreement with the US Navy, strengthening the partnership between the two countries in the defense sector. L&T’s Kattupalli Shipyard in Chennai has been undertaking voyage repairs of the US Military Sealift Command vessels, with the recent addition of the USNS Salvor ship for repairs.
Bangladesh and India launched a trade transaction in rupees, aiming to reduce dependence on the US dollar and strengthen regional currency and trade. This marks the first time that Bangladesh has engaged in bilateral trade using a currency other than the US dollar. The introduction of the Taka-Rupee dual currency card in September 2023 is expected to reduce transaction costs during trade with India.