Current affairs July 6
India’s Defence Production Milestone: In the fiscal year 2023-24, India’s defense sector achieved a significant milestone with total annual defense production reaching a record high of ₹1,26,887 crore. This remarkable achievement, announced by the Union Ministry of Defence on July 5, 2024, represents a major step towards self-reliance in defense manufacturing.
Durand Cup 2024-The Durand Cup, Asia’s oldest and India’s most prestigious club-based football tournament, will enter its 133rd edition in 2024. This historic competition, a cornerstone of Indian football for over a century, continues to evolve and expand, bringing together top teams from across the country.
Spice Award 2024: Sopna Kallingal of Kallingal Plantation in Thrissur has been honored with the Spice Award 2024, instituted by ICAR-Indian Institute of Spices Research. She received the award for her initiatives in enterprise diversification and integrated crop management strategies, promoting a sustainable spice-based cropping system.
Current affairs July 6
World Zoonoses Day: World Zoonoses Day is observed annually on July 6.
LIC’s New Designation for Siddhartha Mohanty: State-owned Life Insurance Corporation (LIC) has redesignated its chairman, Siddhartha Mohanty, as Chief Executive Officer and Managing Director, effective June 30, 2024.
Current affairs July 6–RBI’s Penalty on Punjab National Bank: On July 5, the Reserve Bank of India (RBI) imposed a monetary penalty of ₹1.32 crore on Punjab National Bank (PNB) for violations related to loans and advances and Know Your Customer (KYC) norms.
Launch of Bajaj Auto’s CNG Motorcycle: Union Minister Nitin Gadkari launched Bajaj Auto’s new bike, Freedom, the world’s first CNG motorcycle. He praised it as “eco-friendly” and “sustainable,” highlighting the significant issues of air, sound, and water pollution, and the high cost of fossil fuel imports in India.
Indian Athletics Team for Paris 2024 Olympics: A 28-member Indian athletics team, led by men’s javelin throw defending champion Neeraj Chopra, will compete at the Paris 2024 Olympics, as announced by the Athletics Federation of India (AFI) on June 4.
New Chief Justice of Jharkhand High Court: Justice Bidyut Ranjan Sarangi has been appointed as the Chief Justice of the Jharkhand High Court, succeeding Justice Sanjaya Kumar Mishra.
BPCL’s Sponsorship of Indian Olympic Association: BPCL has partnered with the Indian Olympic Association as the principal sponsor from 2024 to 2028, aiming to support Indian athletes’ journey from the Paris to Los Angeles Olympics.
Passing of Veteran Actor Smriti Biswas: Veteran actor Smriti Biswas passed away on July 3 at the age of 100.
Current affairs July 6
RBI Cancels Co-operative Bank Licences: The Reserve Bank of India (RBI) has once again cancelled the licence of a co-operative bank due to its deteriorating financial health. Since January, the licences of Sumerpur Mercantile Urban Cooperative Bank Limited, Jai Prakash Narayan Nagari Sahakari Bank Ltd, Shree Mahalaxmi Mercantile Co-operative Bank Ltd, and Hiriyur Urban Co-operative Bank Ltd have also been revoked.
LIC Expands Stake in IDFC First Bank: State insurer Life Insurance Corporation of India (LIC) has increased its stake in IDFC First Bank to 2.68%, purchasing the lender’s shares at ₹80.63 each, with an overall acquisition cost of ₹1,500 crore.
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