Beepedia Weekly Current Affairs (Beepedia) 1st - 8th July 2024 PDF
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This document is a compilation of weekly current affairs in India, covering topics from the Reserve Bank of India (RBI) and banking to economy, SEBI, agriculture, national and international events, reports, science and technology, defense, etc.
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Weekly BeePedia 1st – 8th July 2024 INDEX RBI, Banking and Economy ___________________________________________ 2 SEBI and Financial Awareness _________________________________________ 5 NABARD and Agr...
Weekly BeePedia 1st – 8th July 2024 INDEX RBI, Banking and Economy ___________________________________________ 2 SEBI and Financial Awareness _________________________________________ 5 NABARD and Agriculture ___________________________________________ 7 National __________________________________________________________ 8 International _____________________________________________________ 11 States____________________________________________________________ 13 Reports and Indexes _______________________________________________ 16 Science and Technology ___________________________________________ 17 Defence __________________________________________________________ 20 Events ___________________________________________________________ 22 Awards & Rewards ___________________________________________________ 24 Appointments _____________________________________________________ 25 Important Days ___________________________________________________ 26 Obituaries_________________________________________________________ 27 Books ___________________________________________________________ Sports ___________________________________________________________ 27 Download important documents: Weekly & Monthly BeePedia: https://www.ixambee.com/beepedia-gk-updates- capsule?utm_source=ixamBee&utm_medium=header&utm_campaign=beepedia Hindi Weekly & Monthly BeePedia: https://www.ixambee.com/hi/beepedia-gk-updates- capsule For feedback, please contact: Email id: [email protected] 1 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 RBI, Banking and Economy RBI, ASEAN to create platform for instant retail payments RBI and ASEAN countries are creating a platform for instant cross-border retail payments. The platform is expected to go live by 2026. RBI joined Project Nexus, an initiative to enable instant cross-border retail payments by interlinking domestic fast payments systems (FPSs). Nexus aims to connect FPSs of four ASEAN countries (Malaysia, the Philippines, Singapore, Thailand) and India. An agreement was signed by BIS and central banks of the founding countries (BNM, BOT, BSP, MAS, RBI) in Basel, Switzerland. Learn Along: About RBI Founded: 1 April 1935 Headquarters: Mumbai Governor: Shaktikanta Das RBI has cancelled licence of 7 co-operative banks since Jan The Reserve Bank of India (RBI) cancelled the licence of Banaras Mercantile Co-operative Bank due to deteriorating financial health, effective July 4, 2024. The Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh, will initiate the winding-up process and appoint a liquidator. Similar cancellations occurred in June 2024 for Mumbai's City Co-operative Bank and Purvanchal Co- operative Bank in Ghazipur, due to inadequate capital and earning prospects. Since January 2024, licences of other co-operative banks like Sumerpur Mercantile Urban Cooperative Bank Limited and Jai Prakash Narayan Nagari Sahakari Bank Ltd have also been revoked. The RBI cancelled the licences because the banks lacked adequate capital, could not ensure depositor repayments, and their continuation would harm public interest. 99.98% of depositors in Banaras Mercantile Co-operative Bank are entitled to receive up to Rs 5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC), with Rs 4.25 crore already paid out by April 30, 2024. RBI cancels licence of K'taka-based Shimsha Sahakara Bank Niyamitha The RBI cancelled the licence of Shimsha Sahakara Bank Niyamitha, Maddur (Karnataka) due to its worsening financial position, effective July 5, 2024. The Registrar of Cooperative Societies, Karnataka, will issue an order for winding up the bank and appoint a liquidator. Depositors are entitled to receive up to Rs 5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC) upon liquidation. About 99.96% of the depositors are eligible to receive the full amount of their deposits from the DICGC. The bank lacked adequate capital and earning prospects, making it unable to pay its depositors in full, which led to the cancellation. As of March 31, 2024, the DICGC has already paid Rs 11.85 crore of the total insured deposits based on depositors' willingness. RBI releases the Financial Stability Report, June 2024 The Reserve Bank released the 29th issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on the resilience of the Indian financial system and risks to financial stability. Highlights: 2 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 The global economy is facing heightened risks from prolonged geopolitical tensions, elevated public debt, and the slow progress in the last mile of disinflation. Despite these challenges, the global financial system has remained resilient, and financial conditions stable. The Indian economy and the financial system remain robust and resilient, anchored by macroeconomic and financial stability. With improved balance sheets, banks and financial institutions are supporting economic activity through sustained credit expansion. The capital to risk-weighted assets ratio (CRAR) and the common equity tier 1 (CET1) ratio of scheduled commercial banks (SCBs) stood at 16.8 per cent and 13.9 per cent, respectively, at end- March 2024. SCBs’ gross non-performing assets (GNPA) ratio fell to a multi-year low of 2.8 per cent and the net non-performing assets (NNPA) ratio to 0.6 per cent at end-March 2024. Macro stress tests for credit risk reveal that SCBs would be able to comply with minimum capital requirements, with the system-level CRAR in March 2025 projected at 16.1 per cent, 14.4 per cent and 13.0 per cent, respectively, under baseline, medium and severe stress scenarios. These scenarios are stringent conservative assessments under hypothetical shocks and the results should not be interpreted as forecasts. Non-banking financial companies (NBFCs) remain healthy, with CRAR at 26.6 per cent, GNPA ratio at 4.0 per cent and return on assets (RoA) at 3.3 per cent, respectively, at end-March 2024. Withdrawal of ₹2000 Denomination Banknotes – Status RBI announced the withdrawal of ₹2000 denomination banknotes on May 19, 2023. Deposit and exchange facility for ₹2000 banknotes was available at all bank branches until October 07, 2023. Exchange of ₹2000 banknotes is available at 19 RBI Issue Offices since May 19, 2023; deposits accepted since October 09, 2023. Public can send ₹2000 banknotes through India Post to RBI Issue Offices for credit to bank accounts. The total value of ₹2000 banknotes in circulation dropped from ₹3.56 lakh crore on May 19, 2023, to ₹7581 crore on June 28, 2024. 97.87% of ₹2000 banknotes in circulation as of May 19, 2023, have been returned. The ₹2000 banknotes continue to be legal tender. Union Bank of India introduces “Union Premier” branches for high-value customers in rural and semi-urban markets Union Bank of India launched "Union Premier" branches for high-value customers in rural and semi-urban (RUSU) markets. These branches provide personalized banking services with a wide range of products and services under one roof. Manimekhalai, Managing Director and CEO, emphasized the dedication to offering world-class and efficient services to RUSU clients. Each customer will have access to a personal Relationship Manager for all banking needs. Equipped with the latest digital technologies for seamless and efficient banking. Quick services with minimal turnaround time for a serene and luxurious banking experience. Learn Along: About Union Bank of India Headquarters: Mumbai Founded: 11 November 1919 MD and CEO: A. Manimekhalai Crude oil imports from Russia rose to 12-month high in June 3 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 India’s crude oil imports from Russia rose to 1.97 million barrels per day (mbpd) in June, the highest since July 2023. Imports from Russia increased by 15% month-on-month (m-o-m) and 2% year-on-year (y-o-y). Public refiners like IOCL, BPCL, and HPCL imported 1.10 mbpd, a 12-month high. Private refiners Reliance Industries (RIL) and Nayara Energy imported 871,200 barrels per day (bpd), up by 28% m-o-m and 20% y-o-y. India’s overall crude imports remained robust at 4.62 mbpd in June, driven by lower imports from China. Imports from Iraq and Saudi Arabia declined, with Saudi supplies dipping by 36% m-o-m and 46% y-o- y. Crude oil shipments from the U.S. increased for the second consecutive month, reaching 331,000 bpd in June. ICICI Bank launches pre-paid Sapphiro Forex Card for international students ICICI Bank launched a pre-paid Sapphiro Forex Card for students going abroad for higher education. Powered by Visa, it helps manage education-related expenses like admission fees, course fees, travel, dining, and groceries. The card allows transactions in 15 currencies without any cross-currency mark-up charge, even if only one currency is loaded. Learn Along: About ICICI Bank Founded: 1994 Headquarters: Mumbai Non-Executive (part-time) Chairman: Mr. Girish Chandra Chaturvedi NSSO's MPCE survey The Monthly Per Capita Consumption Expenditure (MPCE) survey was released by the National Sample Survey Office (NSSO). Consumption surveys assess economic well-being, rural-urban divide, and consumption patterns across income groups and states, aiding policy formulation. Surveys help economists adjust national inflation indices and businesses tailor products to diverse markets. Findings: Rural-urban MPCE gap reduced from 84% to 75% over 11 years, with rural areas showing a higher growth rate (4.7%) than urban (2.7%). State-wise MPCE: Kerala has the highest rural MPCE (₹5,924), while Chhattisgarh, Jharkhand, and Odisha are below ₹3,000. Urban MPCE: Rajasthan falls below the national average; Madhya Pradesh, Bihar, and Jharkhand are in the bottom tier. Rural consumption influenced by: government cash transfers, urban migration and remittances, and lower savings rates. Challenges: agricultural dependence, environmental issues, limited credit access, high inflation, and inadequate infrastructure. Enhancing rural consumption: Optimizing marketing strategies, balanced regional development, promoting financial inclusion, improving infrastructure, and introducing innovative financial products. Initiatives: Pradhan Mantri Awas Yojana - Gramin, Pradhan Mantri Gram Sadak Yojana, Deen Dayal Upadhyay - Grameen Kaushal Yojana, National Social Assistance Programme, Saansad Adarsh Gram Yojana, Shyama Prasad Mukherjee Rurban Mission. Rooftop Solar in India's Energy Sector 4 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 As of March 2024, India's total installed rooftop solar (RTS) capacity is 11.87 GW, with a notable increase of 2.99 GW in 2023-2024. The Rooftop Solar Programme, introduced in 2014, aims for 40 GW installed capacity by 2026 (originally 2022). The programme promotes grid-connected solar rooftop systems on residential buildings. Key initiatives include SUPRABHA and SRISTI, driven by the Ministry of New and Renewable Energy (MNRE). Top-performing states: Gujarat, Maharashtra, Rajasthan; moderate: Kerala, Tamil Nadu, Karnataka; underperformers: Uttar Pradesh, Bihar, Jharkhand. Significance: Decentralized energy production, economic advantages, energy independence, rural electrification, and alignment with UN SDG 7. India's total solar capacity: 73.31 GW by December 2023, led by Rajasthan (18.7 GW) and Gujarat (10.5 GW). PM Surya Ghar Muft Bijli Yojana aims to provide RTS systems to 1 crore households with 300 units of free electricity monthly. Other government initiatives include 100% FDI, One Sun, One World, One Grid, SAUBHAGYA, Green Energy Corridor, National Smart Grid Mission, and International Solar Alliance. SEBI and FINANCIAL AWARENESS Muthoot Finance selected for FATF report Muthoot Finance is the only Indian NBFC selected for the FATF Mutual Evaluation report 2023-24. It is recognized by FATF for its trustworthiness and global reputation. FATF is a global agency established in 1989. It aims to develop policies to combat money laundering and terrorism financing. It Addresses significant threats to the global financial system. India launches UPI payments at world-renowned Galeries Lafayette in Paris India launched the Unified Payments Interface (UPI) at Galeries Lafayette in Paris after its successful launch at the Eiffel Tower. This aligns with India’s vision of globalizing UPI, developed by the National Payments Corporation of India (NPCI) in 2016. The launch is part of a broader effort to expand UPI across France, following the first international launch in Singapore in 2018. UPI offers a seamless way to integrate multiple bank accounts into a single mobile application for fund routing and merchant payments. The expansion aims to facilitate cross-border digital payments and remittances, especially ahead of the Paris Olympics 2024. Learn Along About UPI Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. It also caters to the “Peer to Peer” collect request which can be scheduled and paid as per requirement and convenience. NPCI conducted a pilot launch with 21 member banks. The pilot launch was on 11th April 2016 by Dr. Raghuram G Rajan, Governor, RBI at Mumbai. Evergreening of loans is a process whereby a lender tries to revive a loan that is on the verge of default or in default by extending more loans to the same borrower. Downstream investments refer to the actual investments made by AIFs in companies using raised funds from investors. 5 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Government of India and ADB sign $170 million loan to strengthen pandemic preparedness and response The Government of India and the Asian Development Bank (ADB) signed a $170 million policy-based loan to enhance India's health system preparedness and response to future pandemics. Signatories included Ms. Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance, and Ms. Mio Oka, Country Director of ADB’s India Resident Mission. The loan aims to strengthen disease surveillance, ensure sufficient and quality health professionals, and promote climate-resilient public health infrastructure. The programme aligns with National Health Policy 2017, PM-ABHIM, and National One Health Mission. Targeted reform areas include strengthened disease surveillance, human resources for health, and expanded climate-resilient infrastructure. ADB will support policy reforms to ensure adequate health professionals, regulate standards, and improve governance of One Health approach. The programme will enhance public health laboratories, district critical care hospital blocks, and establish green and climate-resilient health care facilities. Learn Along: About ADB Established in 1966, the ADB is a multilateral development bank with the mission to promote economic growth and cooperation in the Asia-Pacific region. Headquartered in Manila, Philippines, ADB comprises 68 member states and is governed by a board of governors, funded by member contributions, retained earnings, and loan repayments. President: Masatsugu Asakawa Front Running and Insider Trading Securities and Exchange Board of India (SEBI) is investigating a mutual fund for suspected front- running. Front-running involves fund managers placing orders ahead of large trades to profit from expected price changes, violating SEBI (Mutual Funds) Regulations, 1996. It occurs when insiders or brokers use privileged information to trade ahead of others. Insider trading involves company executives or employees using non-public information for trading, prohibited under the SEBI Act, 1992 and SEBI (Prohibition of Insider Trading) Regulations, 2015. Both practices, front-running and insider trading, damage investor confidence in market fairness and transparency. SEBI's regulations aim to prohibit and restrict these illegal trading activities. LIC launches project 'Jeevan Samarth' to meet customers' evolving needs LIC launched the 'Jeevan Samarth' agency transformation project to meet evolving customer needs. Partnering with A T Kearney, LIC will review its existing agency framework comprehensively. CEO Siddhartha Mohanty stated the project aims to align LIC's agency ecosystem with the needs of millions of Indian families, offering long-term savings, protection, health insurance, ULIP, and pension solutions. The transformation includes revamping agency operations at branch, division, and zonal levels to establish global best practices. The initiative will provide agents with more tools and skills, strengthening the bond between agents and customers. The project addresses the fast-changing industry and regulatory landscape of the insurance sector in India. Learn Along: About LIC LIC is fully owned by the government. It was set up in 1 September 1956. It has the biggest share in India’s insurance business. 6 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Chairperson: Siddhartha Mohanty Headquarters: Mumbai World Bank Approves Additional $1.5 Billion in Financing to Support India’s Low-Carbon Transition World Bank approved $1.5 billion for India to accelerate low-carbon energy development. Aims to promote green hydrogen market, scale up renewable energy, and stimulate finance for low- carbon investments. Supports reforms to boost green hydrogen and electrolyzer production, and renewable energy penetration. Expected outcomes: 450,000 metric tons of green hydrogen and 1,500 MW of electrolyzers per year from FY25/26. Reforms will increase renewable energy capacity and reduce emissions by 50 million tons per year. Aligns with India's energy security and World Bank’s Hydrogen for Development (H4D) Partnership. Financing includes $1.46 billion from IBRD and $31.5 million from IDA. Learn Along: About World Bank Headquarters: Washington, D.C., United States Founded: July 1944 President: Ajay Banga Amendments Proposed in MSME Act International MSME Day (27th June, 2024) event organized by the Ministry of MSME proposed amendments to the MSME Development Act, 2006 for improved dispute resolution and sectoral needs. Initiatives launched include the Samadhan Portal upgrade, TEAM Initiative, and Yashasvini campaign. MSMEs contribute 30% to India's GDP, 45% of total exports, and generate significant employment and rural industrialization. MSMEs play a crucial role in innovation, entrepreneurship, and achieving Sustainable Development Goals (SDGs). Key amendments aim for faster payment resolutions, strengthened representation, and modernization of the MSME Act. The TEAM Initiative facilitates onboarding micro and small enterprises to ONDC, while Yashasvini Campaign supports women-owned enterprises. Challenges for MSMEs include limited access to finance, technological deficiencies, market access, skilled labor shortage, economic vulnerability, and raw material shortages. NABARD and AGRICULTURE FSSAI approves proposal to display nutritional information labelling of total sugar, salt and saturated fat in bold letters and bigger font size in 44th meeting of Food Authority The Food Safety and Standards Authority of India (FSSAI) approved displaying Total Sugar, Salt, and Saturated Fat in bold letters and larger font on packaged food labels. This amendment in the Food Safety and Standards (Labelling and Display) Regulations, 2020 aims to help consumers make healthier choices. The amendment was approved in the 44th meeting of the Food Authority chaired by Shri Apurva Chandra. Nutritional information will include per serve percentage contribution to Recommended Dietary Allowances (RDAs) for total sugar, saturated fat, and sodium. The amendment seeks to combat Non-Communicable Diseases (NCDs) and promote public health by prioritizing clear labelling requirements. FSSAI regularly issues advisories to prevent false and misleading claims by Food Business Operators (FBOs). 7 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Senior officials, industry associations, consumer organizations, and farmers' organizations attended the meeting. Learn Along: About FSSAI Founded: 5 September 2008 Headquarters: New Delhi Chairperson: Apurva Chandra Global cereal output seen hitting all-time high in 2024 The FAO updated its forecast for global cereal production in 2024 to 2,854 million tonnes, marking a new all-time high. The improved outlook is due to better maize harvests in Argentina, Brazil, Turkiye, and Ukraine, offsetting downgrades in Indonesia, Pakistan, and Southern African countries. Wheat production is expected to increase, particularly in Asia, despite a decline in the Russian Federation. Global rice production is projected to reach a record 535.1 million tonnes. World cereal utilization in 2024/25 is forecast to rise to 2,856 million tonnes, a 0.5% increase from the previous year. World cereal stocks are forecast to expand by 1.3% in 2025, with the global cereal stocks-to-use ratio nearly unchanged at 30.8%. The forecast for international trade in total cereals remains unchanged at 481 million tonnes, a 3.0% decline from 2023/24. Food Corporation of India procures 266 Lakh Metric Tonnes (LMT) Wheat procured during Rabi Marketing Season (RMS) 2024-25 FCI successfully procured 266 LMT of wheat during Rabi Marketing Season (RMS) 2024-25, surpassing last year's 262 LMT. Over 22 lakh Indian farmers benefitted, with ₹ 61 lakh crore credited to their bank accounts at Minimum Support Price (MSP). Wheat procurement began earlier this year for farmer convenience, reflecting the government's commitment to farmer interests and food security. Significant procurement increases in Uttar Pradesh (9.31 LMT) and Rajasthan (12.06 LMT) compared to previous years. MSP of ₹2275 per quintal ensures fair prices for farmers, with the option to sell in the open market for better prices. Kharif Marketing Season 2023-24 saw paddy procurement exceed 775 LMT, benefiting over one crore farmers. FCI's efforts highlight robust procurement and storage infrastructure, ensuring national food security and supporting the farming community. Learn Along: About FCI Founded: 14 January 1965 Headquarters: New Delhi, India Chairman&MD: Ashok Kumar Meena NATIONAL Ministry of Culture initiates Project PARI for the 46th World Heritage Committee Meeting India's rich history of public art showcases its cultural and spiritual diversity, from ancient temples to vibrant street art. Project PARI by the Ministry of Culture, Lalit Kala Akademi, and National Gallery of Modern Art promotes public art inspired by India's artistic heritage and modern themes. The first intervention under Project PARI coincides with the 46th session of the World Heritage Committee in New Delhi (21-31 July 2024). 8 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 The project democratizes art by integrating it into public spaces, making it accessible and fostering social cohesion. Over 150 visual artists are creating diverse artworks, including murals, sculptures, and installations inspired by traditional Indian art styles. Proposed sculptures include themes like nature, Natyashastra, Gandhi, and World Heritage Sites, enhancing India's cultural fabric. Women artists play a significant role, highlighting Bharat's NARI SHAKTI; public engagement is encouraged through social media with #ProjectPARI. India plans geological mapping and mineral exploration in Zambia India plans to finalize a pact with Zambia for geological mapping and mineral exploration, aiming to secure access to valuable resources like precious stones, copper, zinc, nickel, gold, and cobalt. A delegation from the Ministry of Mines met with Zambian officials to initiate negotiations, confident of signing the pact soon. The initiative seeks to boost domestic industries, diversify supply chains, and strengthen bilateral ties. Khanij Bidesh India Ltd (KABIL), a joint venture, is already active in countries like Argentina and Australia, and is now focusing on Zambia. Zambia, a major global producer of copper and emeralds, holds significant potential for critical minerals vital to India's strategic interests and economic growth. The Indian government will assist both public and private sectors in facilitating their entry into Zambia, with several Indian companies showing interest in global mining opportunities. New criminal laws in effect; amendments soon Bharatiya Nagrik Suraksha Sanhita (BNSS) replaces Cr.PC, prescribing procedures for arrest, bail, and custody; States can amend provisions. Bharatiya Nyaya Sanhita (BNS), replacing IPC, 1860, may soon include sections on sexual crimes against men and transgender persons; police can invoke allied charges until then. Bharatiya Sakshya (BS) replaces the Indian Evidence Act, 1872. New laws effective from July 1; over 650 district courts and 16,000 police stations to transition, with IPC and Cr.PC running concurrently for pending cases. FIRs filed through Crime and Criminal Tracking Network Systems (CCTNS), now allowing e-FIR and zero FIR. BNSS mandates compulsory audio-video recording of search and seizure and mandatory forensic examination for serious offences. CCTNS software upgraded for multilingual FIR registration; Home Ministry testing eSakshya for electronic evidence management. India Becomes the First Country to Prepare Full List of Fauna India launched the “Fauna of India Checklist Portal”, listing 1,04,561 species, marking it as the first country to record all its wildlife. Launched in Kolkata on the 109th Foundation Day of the Zoological Survey of India (ZSI), led by Union Environment Minister Bhupender Yadav. Significance: Conservation and Protection: Tracks biodiversity changes and identifies species needing immediate conservation. Scientific Research: Provides comprehensive species data aiding research and sustainable resource management. Policy and Planning: Informs effective wildlife protection and habitat preservation policies. Global Leadership: Sets a benchmark in biodiversity documentation, with initiatives like “Ek Ped Maa Ke Naam” and the International Big Cat Alliance. 9 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Impact: A valuable resource for taxonomists, researchers, policymakers, and conservationists, reinforcing India's commitment to biodiversity protection and global environmental leadership. Union Minister Shri G Kishan Reddy Launches NIRMAN Portal Union Minister for Coal and Mines, Shri G Kishan Reddy, launched the portal NIRMAN for Civil Services Examination aspirants. NIRMAN aligns with Prime Minister Narendra Modi's vision “Mission Karmayogi” and is a CSR scheme by Coal India Limited. The scheme provides Rs 1,00,000/- support to candidates who qualified the Preliminary round of UPSC 2024 with annual family income less than 8 lakhs. Eligible candidates include Scheduled Caste, Scheduled Tribe, female, or third gender residents of 39 operational districts of CIL. The application process is through a dedicated portal, ensuring transparency and aligning with Digital India. Coal India Limited (CIL), a Maharatna Company, supports education in Coal Bearing Areas as part of its social responsibility. CIL and its subsidiaries help underprivileged students from these areas to gain admissions into nationally reputed professional institutes. Smart Cities Mission period extended till March 2025 Smart Cities Mission (SCM) extended till March 31, 2025 under the Union Urban Development Ministry. Launched in June 2015, 100 cities chosen to be developed as smart cities. 8,000+ multi-sectoral projects worth ₹1.6 lakh crore being developed. As of July 3, 7,188 projects (90%) completed, amounting to ₹1,44,237 crore. Remaining 830 projects worth ₹19,926 crore in advanced stages. Budget of ₹48,000 crore, ₹46,585 crore (97%) released, and 93% utilised. Extension without additional cost, to complete balance 10% projects delayed due to on-ground conditions. Learn Along: About Smart Cities Mission Smart Cities Mission was launched by the Hon’ Prime Minister on 25 June, 2015. The main objective of the Mission is to promote cities that provide core infrastructure, clean and sustainable environment and give a decent quality of life to their citizens through the application of ‘smart solutions’. The Mission aims to drive economic growth and improve quality of life through comprehensive work on social, economic, physical and institutional pillars of the city. The focus is on sustainable and inclusive development by creation of replicable models which act as lighthouses to other aspiring cities. 100 cities have been selected to be developed as Smart Cities through a two-stage competition. The Ministry of Rural Development and the Ministry of Micro, Small and Medium Enterprises join hands to boost SHG women enterprises Union Ministry of Rural Development (MoRD) and Union Ministry of Micro, Small and Medium Enterprises (MoMSME) signed a Statement of Intent (SoI) to strengthen Self Help Group (SHG) women-led rural enterprises. SoI signed by Ms. Swati Sharma (Joint Secretary, MoRD) and Ms. Mercy Epao (Joint Secretary, MoMSME) in presence of Shri Shailesh Kumar Singh (Secretary, MoRD), Shri S C L Das (Secretary, MoMSME), and Shri Charanjit Singh (Additional Secretary, MoRD). Collaboration aims to empower Lakhpati Didis as envisioned by Prime Minister Narendra Modi. 10 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 MoMSME's flagship schemes like Yeshaswini- Apna Udyam, Apni Pehchaan, Udyam Assist will be leveraged to support SHG Didis in entrepreneurship. Whole-of-government approach emphasized to facilitate empowerment and entrepreneurship. Both ministries committed to various collaborative steps in alignment with the SoI. Indian Railways’ Gati Shakti Vishwavidyalaya (GSV) Vadodara and Airbus sign agreement for aerospace teaching and research Gati Shakti Vishwavidyalaya (GSV) Vadodara and Airbus signed a definitive agreement to strengthen the Indian aviation sector. The agreement, following an MoU signed in September 2023, includes a full scholarship program for 40 GSV students, establishing a Centre of Excellence, and creating an Airbus Aviation Chair Professor position. Airbus commits to doubling its sourcing from India and developing the Airbus India Training Centre in Gurgaon to train 5,000 pilots over the next 10 years. The C295 military aircraft program in Vadodara will support 25,000 jobs, highlighting Airbus’s commitment to job creation and preventing brain drain. GSV, established in 2022, aims to create top-tier manpower for transportation and logistics sectors, aligning with National Developmental Plans. The partnership exemplifies industry-academia collaboration to advance education and innovation in India's aviation sector. Women Entrepreneurship Platform and TransUnion CIBIL Partner to Launch SEHER Program to Empower Women Entrepreneurs SEHER, a credit education program, was launched by the Women Entrepreneurship Platform (WEP) and TransUnion CIBIL to empower women entrepreneurs in India with financial literacy and business skills. WEP is a public-private partnership platform incubated at Niti Aayog and aims to create an enabling ecosystem for women entrepreneurs. The program, part of WEP’s Financing Women Collaborative (FWC), focuses on accelerating access to finance for women entrepreneurs. According to Udyam Registration Portal, India has 63 million MSMEs, with 20.5% women-owned, potentially creating 150 to 170 million jobs. TransUnion CIBIL data shows a significant increase in demand for business loans by women, with 38% of 1.5 crore business loan borrowers being women in March 2024. INTERNATIONAL Laos Gears Up To Host 57th ASEAN Foreign Ministers’ Meeting Laos authorities are preparing for the 57th ASEAN Foreign Ministers’ Meeting and related events in Vientiane from July 21-27. A preparatory meeting was chaired by Deputy Prime Minister and Minister of Foreign Affairs Saleumxay Kommasith. Participants were briefed on progress made by sub-committees for the event preparations. Preparations include accommodation, delegate vehicles, transport, communication, and internet facilities for ministers and delegations from over 34 countries. Saleumxay Kommasith urged continued efforts from relevant authorities to ensure successful regional events. Learn Along: About Laos Capital: Vientiane Currency: Kip 11 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Hungary Takes Over Rotating Presidency Of EU Council For 6 Months Hungary has taken over the rotating presidency of the Council of the European Union (EU) for six months. The Focus is on enhancing EU competitiveness. Seven top priorities: reinforcing European defence policy, EU enlargement, stemming illegal migration, shaping the future of cohesion policy, formulating a farmer-oriented EU agricultural policy, and addressing European demographic challenges. European Union Affairs Minister Janos Boka outlined these priorities, reflecting the will of European voters from recent elections. Emphasis on EU competitiveness and European security and defence policy. Motto of Hungary’s EU Presidency: Make Europe Great Again. Japan's 1st new banknotes in 20 years use holograms to defeat counterfeits Japan introduced its first new banknotes in 20 years featuring three-dimensional portraits to deter counterfeiters. The notes use holograms and printed patterns to show portraits from different angles, a technology claimed to be a world-first for paper money. The new 10,000-yen note features Eiichi Shibusawa, the 5,000-yen bill portrays Umeko Tsuda, and the 1,000-yen bill shows Shibasaburo Kitasato. The government aims to print 7.5 billion new bills by the end of the fiscal year, adding to the 18.5 billion banknotes already in circulation. Bank of Japan Governor Kazuo Ueda emphasized cash’s ongoing role despite a push for digital payments. Businesses, including train stations and ramen shops, are upgrading machines, but many small businesses face challenges due to the cost and component shortages. Cashless payments in Japan have grown to 39% of consumer spending in 2023, but the government targets up to 80% to boost productivity. Iranian reformist wins presidency, seeks engagement with the West Masoud Pezeshkian, the sole moderate candidate, won Iran's presidential election with 53.7% of the votes. He received 16.3 million votes, while his rival Saeed Jalili got 44.3% or 13.5 million votes. ADB to build 400 MW Solar Power Plant in Gujarat Asian Development Bank (ADB) granted a Rs 1,460 crore loan to the ENGIE group for a 400- megawatt solar photovoltaic power plant in Surendranagar, Gujarat. The project supports India's goal to achieve 500 gigawatts of non-fossil fuel energy by 2030. The financing structure includes a loan of Rs 14.6 billion ($175.9 million) with ADB and Asian Infrastructure Investment Bank (AIIB) each contributing Rs 7.3 billion. The project uses bifacial photovoltaic power modules from the United States, supporting the domestic solar module industry and supply chain. Expected to produce 805 gigawatt-hours of electricity annually, it will reduce 662,441 tonnes of carbon dioxide emissions per year over its 25-year lifespan. This initiative highlights ADB's commitment to long-term local currency financing for renewable energy projects and continued partnerships with ENGIE for promoting green energy and sustainability. Learn Along: About ADB Established in 1966, the ADB is a multilateral development bank with the mission to promote economic growth and cooperation in the Asia-Pacific region. 12 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Headquartered in Manila, Philippines, ADB comprises 68 member states and is governed by a board of governors, funded by member contributions, retained earnings, and loan repayments. President: Masatsugu Asakawa 3rd UN Conference on Afghanistan at Doha The Taliban participated in the UN Conference on Afghanistan for the first time, held in Doha, Qatar on June 30 and July 1, 2024. This was the third conference aimed at fostering communication between Afghanistan and the international community. The conference included representatives from 25 countries and organizations like the EU, IOC, and SCO; Zabihullah Mujahid represented the Taliban. Key issues discussed were peace in Afghanistan and stopping strict Islamic rules, particularly concerning women's rights and education. The Taliban's restrictions on women's rights since 2021 have included banning girls' education beyond primary school and restricting women's work and dress. Despite China reopening its mission in Kabul, the Taliban lack official international recognition and are seen as a potential security risk due to alleged ties with terrorist groups. STATES Hemant Soren takes oath as CM of Jharkhand for third time Hemant Soren sworn in as Jharkhand Chief Minister for the third time. Currently out on bail in a money laundering case. Oath of office and secrecy administered by Governor C.P. Radhakrishnan at Raj Bhavan, Ranchi. Champai Soren ran the government during his imprisonment. Learn Along: About Jharkhand Chief minister: Hemant Soren Founded: 15 November 2000 Capital:Ranchi Governor: C. P. Radhakrishnan Odisha to provide medical education in Odia language Mohan Charan Majhi government forms a 22-member committee for medical education in Odia. Committee chaired by Manash Ranjan Sahoo, Vice Chancellor, Odisha University of Health Sciences. Includes experts from AIIMS-Bhubaneswar, SCB Medical College Hospital, and other medical colleges. Tasked with identifying essential MBBS books for translation into Odia. Committee to submit a proposal to the Health and Family Welfare Department within 15 days. Odisha CM announced a translation academy and Odia Asmita (pride) Bhavan for promoting Odia language and literature. Modern technology will be used for making the Odia language simple and accessible. Learn Along: About Odisha Chief minister: Mohan Charan Majhi Capital: Bhubaneswar Governor: Raghubar Das NCPCR declares mica mines in Jharkhand 'child labour free' The National Commission for Protection of Child Rights (NCPCR) declared Jharkhand's mica mines child labour-free on 5 July 2024. NCPCR chairperson Priyank Kanoongo announced this as the first successful effort to remove child labour from a supply chain in mica mining. Mica, used in cosmetics, electronics, and other industries, is abundant in Koderma and Giridih, with Koderma once known as the Mica capital of India. 13 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Child labour was rampant in illegal mica mining due to the Forest Conservation Act of 1980, which banned mining in forests without central government permission. A 20-year initiative involving government, civil society, and NCPCR removed children from mining, enrolling them in schools to prevent rejoining. The NCPCR, under the Union Ministry of Women and Child Development, was established in 2007 to safeguard children's rights up to 18 years old. India, the world's largest mica exporter, follows China in production, with Andhra Pradesh and Rajasthan being the top producers in India. Learn Along: About Jharkhand Capital : Ranchi Governor: C. P. Radhakrishnan Chief minister: Hemant Soren About National Commission for Protection of Child Rights The National Commission for Protection of Child Rights is an Indian statutory body established by an Act of Parliament, the Commission for Protection of Child Rights Act, 2005. The Commission works under the aegis of Ministry of Women and Child Development, GoI. The Commission became operational on 5 March 2007. Founded: 5 March 2007 Headquarters: New Delhi, India Chairman: Priyank Kanoongo Uttar Pradesh govt inks over 154 defence deals worth Rs 25,000 crore Uttar Pradesh government signed over 150 defence manufacturing deals worth Rs 25,000 crore as part of India's growing defence export sector. India’s annual defence production reached a record high of Rs 1.27 trillion in FY24, a 16.7% increase from the previous year. The projects are located in the UP Defence Industrial Corridor (UPDIC), spanning six nodes: Lucknow, Kanpur, Jhansi, Aligarh, Chitrakoot, and Agra. These initiatives are expected to create 40,000 new jobs, with 154 memorandums of understanding (MoUs) already signed and 85 more in evaluation. UPEIDA acquired 1,700 hectares of land and allocated it to over 40 companies, with 42 firms investing nearly Rs 8,000 crore. UP’s defence manufacturing is aimed at boosting self-reliance and defence exports, with significant contributions from companies like Adani Defence and Aerospace, BrahMos Aerospace, and DRDO. Kalashnikov AK-203 rifles and BrahMos missiles manufacturing in UP highlight the state’s ambition to be a key player in India’s defence ecosystem. Learn Along: About Uttar Pradesh Chief minister: Yogi Adityanath Governor: Anandiben Patel Capital: Lucknow UP cabinet passes draft of UP NIRMAN Bill-2024 to to attract investors Uttar Pradesh government passed the draft of the Nodal Investment Region for Manufacturing (Construction) Area Bill (NIRMAN)-2024 to achieve a one trillion dollar economy. The draft bill, approved by the cabinet chaired by Chief Minister Yogi Adityanath, aims to create Special Investment Regions (SIRs) to attract big investors. Four SIRs will be established in different geographical areas of UP, utilizing around 20,000 acres of land bank. This initiative will promote ease of doing business, boost economic development, and create new employment opportunities. UP will be the fourth state, after Gujarat, Rajasthan, and Karnataka, to implement such a law, decentralizing power to the authority level for cluster development. The cabinet also approved a Memorandum of Understanding (MoU) between India Trade Promotion Organisation (ITPO) and Micro, Small, and Medium Enterprises (MSME) for industrial investment promotion. 14 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Additionally, 2,200 teachers, previously removed from service, will be temporarily re-employed in non- government-aided secondary schools with an honorarium of Rs 25,000-30,000. Madhya Pradesh CM Launches ‘Lokpath Mobile App App’ for Road Issues Chief Minister Mohan Yadav of Madhya Pradesh launched the Lokpath Mobile App to address road problems reported by citizens within seven days. The app, developed by the Madhya Pradesh State Electronic Development Corporation Limited, allows users to report road issues by uploading pictures directly to the relevant authorities. The app ensures transparency and accountability, providing updates and final resolution comments to the complainant. The launch event took place at the Bhopal state assembly building and represents a significant step towards better road maintenance. The implementation has two phases: the first covers national highways, state highways, and main district roads, while the second will include other district and rural roads. The app is part of improving the state’s Road Information and Management System, aiming to enhance infrastructure upkeep across 40,000 kilometers of roads. Learn Along: About Madhya Pradesh Capital: Bhopal Governor: Mangubhai C. Patel Chief minister: Mohan Yadav Chandrababu Naidu distributes hiked social security pension of ₹4,000 Andhra Pradesh CM N. Chandrababu Naidu launched the NTR Bharosa Pension Scheme on July 1, distributing ₹4,408 crore in social security pensions. Each beneficiary received ₹7,000, including an increased July pension of ₹4,000 and ₹1,000 arrears for April, May, and June. Mr. Naidu emphasized the welfare initiative as a fresh chapter and criticized the YSR Congress Party (YSRCP) for previous troubles faced by pensioners. The annual pension bill will be approximately ₹33,100 crore. Learn Along: About Andhra Pradesh Governor: S. Abdul Nazeer Capital: Amaravati Mainland Serow The Assam Forest Department and conservationists documented the first photographic evidence of the Mainland Serow (Capricornis sumatraensis thar) in Raimona National Park, Assam. The Mainland Serow is a mammal resembling a mix between a goat and an antelope. According to the IUCN, it inhabits altitudes of 200-3000 metres, across the India-Bhutan border in Phibsoo Wildlife Sanctuary and Royal Manas National Park. Other species include Japanese serow, red serow (eastern India, Bangladesh, Myanmar), and Taiwan/Formosan serow. Conservation Status: IUCN Red List: Vulnerable CITES: Appendix I The Wildlife Protection Act, 1972: Schedule I New frog species discovered in Arunachal Scientists from the Zoological Survey of India (ZSI) identified a new species of horned frog, named Xenophrys apatani, in Tale Wildlife Sanctuary (WLS), Lower Subansiri district. 15 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Led by Bhaskar Saikia and Bikramjit Sinha, the team corrected a previous misidentification of Xenophrys maosonensis. The study used phylogenetic analysis and morphological examinations to distinguish the new species. Xenophrys apatani is named in honor of the Apatani tribe for their conservation efforts. This discovery highlights the need for rigorous taxonomy and integrative approaches in species identification. Tale WLS is a significant biodiversity hotspot, and this is the fifth new frog species discovered there by Saikia and Sinha. The findings are published in the Records of the Zoological Survey of India journal, contributing to efforts to catalog and protect India's biodiversity. Learn Along: About Arunachal Pradesh Capital: Itanagar Chief minister: Pema Khandu Governor: Kaiwalya Trivikram Parnaik REPORTS AND INDEXES Tata Group retains top spot as India's most valuable brand at $28.6 billion Tata Group retained its position as India’s most valuable brand in 2024 Brand Ranks Previous Ranks with a value of $28.6 billion, a 9% increase from last year. HDFC Group rose to third place in Brand Value’s 'India 100 2024' Tata Group 1 1 ranking, driven by its merger with HDFC Ltd. Infosys 2 2 Taj remains India’s strongest brand with a Brand Strength Index score of 92.9 and an AAA+ rating. HDFC Group 3 - The telecom sector achieved 61% growth in brand value, led by Jio, Airtel, and Vi. LIC Group 4 - Banking sector saw a 26% increase in brand value, with SBI as the Reliance Group 5 5 second most valuable bank at $6.9 billion. Westside emerged as the fastest-growing Indian brand with a 122% SBI Group 6 - increase in brand value. Airtel 7 4 UNODC Report on Illicit Drugs HCLTech 8 10 Larsen & Toubro UNODC World Drug Report 2024 highlights a 20% rise in global drug Group 9 - users, reaching 292 million in 2022. Cannabis is the most popular drug with 228 million users; new synthetic opioids (nitazenes) are an emerging threat. India faces rising addiction, with 100 million people affected; states with the highest NDPS Act FIRs are Uttar Pradesh, Maharashtra, and Punjab. Major drug-producing regions: Golden Crescent (Afghanistan, Iran, Pakistan) and Golden Triangle (Laos, Myanmar, Thailand). Contributing factors in India: poverty, unemployment, peer pressure, and legal system loopholes. Initiatives: Nasha Mukt Bharat, Project Sunrise, and Narco-Coordination Centre (NCORD) aim to tackle drug abuse. NDPS Act 1985 regulates narcotic drugs, with stringent penalties, including the death penalty for repeat offenders. Cost of Living City Ranking 2024 16 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 According to Mercer’s 2024 cost-of-living data, Hong Kong, Singapore, and Zurich are the costliest cities for international workers. These cities have maintained their positions from last year's rankings. The least expensive cities are Islamabad, Lagos, and Abuja. Inflation and exchange-rate fluctuations significantly impact the pay and savings of internationally mobile employees. Economic and geopolitical volatility, along with local conflicts, increase expenses in housing, utilities, local taxes, and education. High living costs in top-ranking cities are due to expensive housing markets, high transportation costs, and higher costs of goods and services. Mercer's annual Cost of Living City Ranking offers valuable insights for global mobility and international assignments, listing 226 cities from most to least expensive. India’s fintech funding plummets amid global slowdown, shows report The fintech sector recorded $795 million in funding in H1 2024, a decline of 11% and 59% compared to H2 and H1 of 2023, respectively as per a report by market intelligence platform Tracxn. Despite funding challenges, India's fintech ecosystem ranked among the top three globally in funding, alongside the U.S. and the U.K. The decline in funding reflects global trends due to the ongoing funding winter and geopolitical uncertainties, despite India's 8.2% GDP growth rate for FY24. Only two $100 million+ funding rounds occurred in 2024; Perfios was the only unicorn, with 6 acquisitions and 5 IPOs. Bengaluru led funding in Indian fintech, followed by Mumbai and Pune; top investors included Peak XV Partners, Y Combinator, and LetsVenture. Late-stage funding in H1 2024 fell by 63% to $551 million, and early-stage funding saw a 55% decline to $179 million. Alternative Lending, RegTech, and BankingTech were top segments, with Alternative Lending securing $646 million, marking a 17.4% increase from H2 2023. SCIENCE AND TECHNOLOGY The Telecommunications Act 2023: Ushering in a New Era of Connectivity 17 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 The Union Government issued a Gazetted Notification on July 4, 2024, enforcing sections 6-8, 48, and 59(b) of the Telecommunications Act, 2023 starting July 5, 2024. The Telecommunications Act, 2023 aims to amend and consolidate telecom laws, focusing on development, expansion, and operation of services and networks, and spectrum assignment. The Act repeals the Indian Telegraph Act 1885 and Indian Wireless Telegraph Act 1933 due to technological advancements in the telecom sector. Guided by principles of Inclusion, Security, Growth, and Responsiveness, it aims for a Developed India (Viksit Bharat). Key sections of the Act enforced on July 5, 2024, include: Optimal utilization of spectrum: Legal framework for efficient spectrum use through secondary assignment, sharing, trading, leasing, and surrendering. Prohibition of telecom-blocking equipment: Immediate ban unless permitted by the Central Government. Criteria for TRAI appointments: Amendments to the TRAI Act 1997 for appointing Chairperson and Members. Emphasis on increasing efficiency in spectrum utilization through various modes like secondary assignment and sharing/trading. World's oldest cave painting in Indonesia shows a pig and people Scientists discovered the world's oldest-known cave painting in Sulawesi, Indonesia, dated to at least 51,200 years ago. The artwork, found in the Leang Karampuang cave, depicts three human-like figures interacting with a wild pig. Researchers used a new laser dating method on calcium carbonate crystals, revolutionizing rock art dating worldwide. The painting is interpreted as a narrative scene, making it the oldest evidence of storytelling in art. The painting predates European cave paintings, challenging the belief that Europe was the birthplace of cave art. The advanced nature of the Sulawesi rock art indicates the mental capacity of early humans in the region. India identified 641 fauna species and 339 taxa of plants last year 2023 Discoveries: 641 new animal species and 339 new plant taxa were added to India's biodiversity. New Species: Curcuma kakchingense (turmeric in Manipur) and Miniopterus srinii (bat in Karnataka). Animal Discoveries: Significant additions include Capra himalayensis (Himalayan Ibex) and various invertebrates. Plant Discoveries: West Bengal led with 52 new plant taxa, including begonias, impatiens, legumes, zingibers, and orchids. Geographic Hotspots: Western Ghats and North Eastern Regions contributed 14% of discoveries. Fauna of India Checklist Portal: Launched to document 1,04,561 animal species across 36 phyla in India. Emphasis on conserving bio-geographic zones and threatened species. C-DAC partners with MosChip and Socionext for design & development of High Performance Computing Processor AUM based on Arm architecture C-DAC partners with MosChip® Technologies and Socionext Inc. to develop a High-Performance- Computing (HPC) Processor SoC based on Arm® architecture using TSMC 5nm technology. 18 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Indigenous HPC Processor AUM: C-DAC aims for complete indigenization of HPC systems, developing compute node RUDRA, Trinetra-Interconnect, and System Software stack. Collaboration includes Keenheads Technologies as Program Management Consultant for the project. Government Support: Over 50% indigenization achieved, with a focus on developing HPC Processor AUM for technological sovereignty. National Supercomputing Mission (NSM): Funded by MeitY and DST, aims to position India as a global leader in supercomputing, enhancing capabilities for national and global problem-solving. C-DAC's goal is to meet global standards and advance India in the supercomputing arena. Borneo Elephants Borneo elephants (Elephas maximus Borneensis) are classified as 'Endangered' on the IUCN Red List. Only about 1,000 Borneo elephants remain, with 400 breeding adults. Main threats: human-elephant conflict, poaching, and habitat loss due to logging and oil palm plantations, causing a 60% loss of their forest habitat in the last 4 decades. Borneo elephants are a subspecies of the Asian elephant, native to Sabah, Malaysia, and Kalimantan, Indonesia, and are genetically distinct. Protection status: IUCN Red List - Endangered, CITES - Appendix I, Wildlife (Protection) Act, 1972 - Schedule I. Borneo is the world’s 3rd largest island, shared by Malaysia, Brunei, and Indonesia. Russia Approves Schedule For Creation Of Russian Orbital Station By 2033 Russia has approved a schedule to create a Russian orbital station by 2033, announced by Roscosmos. The schedule includes design and construction of space modules, flight tests of a new manned spaceship, and creation of launch vehicles and space infrastructure. Yuriy Borisov, head of Roscosmos, signed the schedule with directors of 19 enterprises involved in the project. Scientific and energy modules will be launched first in 2027, followed by three core modules by 2030, and two target modules by 2033. The project is funded with 608.9 billion rubles. The station aims to ensure the continuity of Russia’s space programme, address national security and scientific development, and serve as a platform for testing space technologies. ISRO’s Aditya-L1 mission achieves milestone, completes first Halo Orbit around Sun-Earth L1 point ISRO announced that India’s inaugural solar mission, Aditya-L1, completed its halo orbit around the Sun-Earth L1 point on July 2. This milestone followed a station-keeper manoeuvre, transitioning the spacecraft into the second halo orbit. The Aditya-L1 mission is an Indian solar observatory at the Lagrangian point L1, launched in September last year. The spacecraft took 178 days to circle the L1 point and was positioned into the intended halo orbit by ISRO on January 6, 2024. ISRO highlighted the verification of its in-house flight dynamics software and the complexity of the scientific study around the Sun-Earth L1 Lagrangian point. The spacecraft conducted two station-keeping manoeuvres on February 22 and June 7 to maintain its orbit and continued along the second halo orbit path. Learn Along: About ISRO Headquarters: Bengaluru Chairman: Sreedhara Somanath Founded: 15 August 1969 19 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 World to witness 1st Indian in Space and other Indian in Deep Sea by 2025 Union Minister Dr. Jitendra Singh announced India's 1st Human Space Mission (Gaganyaan) and Deep-Sea Mission by 2025. Four astronauts selected for Gaganyaan: three Group Captains and one Wing Commander. Three Indians to be sent on the Deep-Sea mission in 2025. Highlighted infrastructure development in Northeast India under PM Modi's leadership, including new airports, roads, railways, and waterways. Noted significant progress in Jammu and Kashmir with record 2.5 crore tourists last season and a boom in domestic tourism. DEFENCE INDIA-MONGOLIA JOINT MILITARY EXERCISE NOMADIC ELEPHANT COMMENCES IN MEGHALAYA 16th edition of India-Mongolia Joint Military Exercise NOMADIC ELEPHANT commenced at Foreign Training Node, Umroi (Meghalaya), from 03rd to 16th July 2024. Indian contingent: 45 personnel from SIKKIM SCOUTS and other arms/services; Mongolian contingent: personnel from 150 Quick Reaction Force Battalion. Annual training event conducted alternatively in India and Mongolia; last edition held in Mongolia in July 2023. Opening Ceremony attended by Ambassador of Mongolia, Mr. Dambajavyn Ganbold, and Major General Prasanna Joshi. Aim: Enhance joint military capability for counter insurgency operations in semi-urban and mountainous terrain under UN Mandate. Tactical drills: Response to Terrorist Action, Joint Command Post, Intelligence & Surveillance Centre, Helipad Securing, Drones and Counter Drone Systems. Closing Ceremony on 16th July 2024, attended by Major General Gyanbyamba Sunrev and Lieutenant General Zubin A Minwalla. Facilitates inter-operability, bonhomie, and defence cooperation between India and Mongolia, enhancing bilateral relations. IAF chief inaugurates weapon systems school in Hyderabad Indian Air Force chief, Air Chief Marshal V.R. Chaudhari, inaugurated the Weapon Systems School at Air Force Station, Begumpet, Hyderabad. The Weapon System branch was approved for creation in 2022. The branch consists of four streams: Flying stream: Operates weapons and systems on airborne platforms like Sukhoi-30 MKI and C-130J. Remote stream: Operates remotely piloted aircraft. Mission commanders and operators: Manage Surface to Air and Surface-to-Surface weapon systems. Intelligence stream: Handles space-based intelligence and imagery. INDIAN ARMY CONTINGENT DEPARTS FOR INDIA- THAILAND JOINT MILITARY EXERCISE MAITREE Indian Army contingent departed for the 13th edition of India-Thailand joint military Exercise MAITREE. The exercise is scheduled from 1st to 15th July 2024 at Fort Vachiraprakan, Tak Province, Thailand. Indian contingent includes 76 personnel from the LADAKH SCOUTS and other arms, matched by 76 personnel from the Royal Thailand Army. 20 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Aim is to foster Military Cooperation and enhance capabilities in Joint Counter Insurgency/Terrorist Operations. Focus on physical fitness, joint planning, and joint tactical drills. Tactical drills include Joint Operation Centre, Intelligence & Surveillance Centre, Drone Systems, and Special Heliborne Operations. Exercise aims to develop inter-operability, camaraderie, and sharing best practices between soldiers of both countries. Indian Navy Conducts Successful Trial of Indigenously Developed Explosives Indian Navy successfully tested SEBEX 2, an indigenously developed explosive by Economic Explosives Limited (EEL), marking a significant achievement in India's defense self-reliance. SEBEX 2: Recognized as one of the most powerful conventional explosives, doubling the lethality of warheads and bombs. The explosive's TNT equivalence surpasses traditional explosives, enhancing the destructive power and firepower of India's defense arsenal. Economic Explosives Limited and its parent company, Solar Industries, are pivotal in advancing India's defense technology. The successful trial of SEBEX 2 emphasizes India's growing self-reliance in defense technology and reduces dependence on foreign imports. This development significantly enhances India's defense capabilities and strategic deterrence, ensuring better preparedness and response. DRDO unveils country’s indigenous light tank Zorawar The prototype of India's indigenous light tank Zorawar is ready for extensive trials, as announced by Defence officials. Zorawar, developed by DRDO and Larsen & Toubro, is currently powered by a Cummins engine, with plans for a new domestic engine. Designed for extreme weather and high-altitude operations, it was developed rapidly from the drawing board. The prototype will undergo internal and field trials, followed by user trials by the Army by August 2025. Initially, a German engine was considered but delayed; thus, the tank was developed with Cummins, which agreed to assemble in India. DRDO is also developing a 1,400-HP engine for the Arjun Mk1A main battle tank. In April 2021, the Army issued a Request For Information for 350 light tanks, promoting indigenous development with the involvement of Micro, Small, and Medium Enterprises (MSMEs). Learn Along: About DRDO Formed: 1958 Secretary: Samir V Kamat Headquarters: New Delhi FY24 defence production grows 17% to record high of Rs 1.27 trillion India's annual defence production reached a record high of Rs 1.27 trillion in FY24, a 16.7% increase from the previous year. This figure is a significant step towards the annual defence production target of Rs 3 trillion by FY29, covering over 40% of the distance to this goal. 21 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Defence production has grown over 60% in the past five years, attributed to successful policies and initiatives focused on 'aatmanirbharta' (self-reliance). Defence Minister Rajnath Singh credited the 'Make in India' program and emphasized the government's commitment to making India a global defence manufacturing hub. In FY24, DPSUs and other PSUs accounted for 79.2% of the production value, while the private sector contributed 20.8%. Defence exports reached a record high of Rs 21,083 crore, reflecting a growth rate of 32.5% over the previous year. Experts highlight the need for continued support, increased funding for R&D, and incentives for domestic manufacturers to sustain the growth momentum and achieve future targets. EVENTS India, Bangladesh to Renegotiate Ganga Waters Treaty The Ganga Waters Treaty, signed in 1996 between India and Bangladesh, focuses on the equitable sharing of the Ganga River water and needs renewal in 2026. Indian Prime Minister Narendra Modi and Bangladeshi Prime Minister Sheikh Hasina have agreed to negotiate a new deal, addressing new challenges such as climate change affecting water flows. Climate crisis concerns, including extreme weather, changing rainfall patterns, and melting glaciers, are critical factors in the treaty's renegotiation, necessitating new studies. The involvement of the West Bengal government is crucial, with Chief Minister Mamata Banerjee playing a significant role, as state approval is required for agreements on shared water resources. The Ganga Waters Treaty ensures equitable water sharing, prevents water hoarding during dry seasons, and includes a Joint Monitoring Commission to oversee distribution and resolve disputes. The treaty represents a long-term cooperative effort in river water-sharing in South Asia, fostering future collaboration despite criticisms and challenges. Bhupender Yadav participates in massive plantation drive “Ek Pedh maa Ke Naam’’ in Indore, Madhya Pradesh alongwith Chief Minister Dr Mohan Yadav Union Minister Bhupender Yadav participated in the "Ek Pedh Maa Ke Naam" plantation drive in Indore, Madhya Pradesh, alongside Chief Minister Dr. Mohan Yadav and other officials. The campaign, launched by the Prime Minister, aims to involve every citizen in environmental protection by planting 140 crore trees across India. Bhupender Yadav emphasized the importance of respecting Mother Nature and praised Madhya Pradesh's efforts in tree plantation. Chief Minister Dr. Mohan Yadav highlighted Indore's historical connection to environmental importance and its status as the origin of 7 rivers. The goal is for Indore to become the number one green city in addition to being a clean city. State Urban Development and Housing Minister Shri Kailash Vijayvargiya announced plans to increase Indore's green coverage by planting 51 lakh trees and ensuring their conservation. During the event, ministers planted trees in memory of their mothers, underscoring the personal commitment to the campaign. Global IndiaAI Summit 2024 being organized with a commitment to advance responsible development, deployment and adoption of AI in the country Global IndiaAI Summit 2024: Organized by the Ministry of Electronics and Information Technology on July 3rd and 4th, 2024, in New Delhi, focusing on the responsible and inclusive growth of AI technologies. 22 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 The summit aims to foster collaboration and knowledge exchange among global AI experts from various sectors. India, as the lead chair of the Global Partnership on Artificial Intelligence (GPAI), will host member countries to advance GPAI’s commitment to safe and trustworthy AI. IndiaAI Mission: Aims to build a comprehensive AI ecosystem, democratizing computing access, enhancing data quality, developing indigenous AI capabilities, and promoting ethical AI. Key Pillars: IndiaAI Compute Capacity: Establishing a scalable AI computing ecosystem with over 10,000 GPUs. IndiaAI Innovation Centre: Developing indigenous large multimodal models for diverse industries. IndiaAI Datasets Platform: Providing high-quality non-personal datasets for AI innovation. IndiaAI Application Development Initiative: Promoting AI applications in critical sectors for socio- economic transformation. IndiaAI FutureSkills: Increasing AI education and establishing Data and AI Labs in Tier 2 and 3 cities. IndiaAI Startup Financing: Supporting deep-tech AI startups with funding. Safe & Trusted AI: Ensuring responsible AI development with ethical guidelines. India to host 46th UNESCO heritage panel session 46th session of UNESCO World Heritage Committee hosted by India, July 21-31, at Bharat Mandapam, New Delhi. Over 2,500 delegates from State Parties, advisory bodies, senior diplomats, heritage experts, scholars, and researchers from 195 countries to attend. Event organized by the Archaeological Survey of India, likely to be inaugurated by Prime Minister Narendra Modi. UNESCO has released a provisional agenda and timetable for the meeting. World Heritage Committee has representatives from 21 State Parties to the World Heritage Convention (1972) elected by the General Assembly. NITI Aayog to launch ‘Sampoornata Abhiyan’ NITI Aayog launches ‘Sampoornata Abhiyan’, a 3-month campaign from 4th July – 30th September 2024, targeting 6 key indicators in 112 Aspirational Districts and 500 Aspirational Blocks. Key Performance Indicators (KPIs) in Aspirational Blocks: Antenatal Care registration, Diabetes and Hypertension screening, Supplementary Nutrition for pregnant women, Soil Health Cards, and SHG Revolving Funds. KPIs in Aspirational Districts: Antenatal Care registration, Supplementary Nutrition, Child Immunization, Soil Health Cards distribution, Functional electricity in schools, and Textbook provision in schools. Campaign includes 3-month Action Plans, monthly progress tracking, awareness and behavior change campaigns, and concurrent monitoring field visits. Collaboration with Central Ministries, State Governments, and Union Territories for effective development, improved planning, capacity building, and sustainable service delivery. Aspirational Districts Programme (ADP) launched in 2018, and Aspirational Blocks Programme (ABP) launched in 2023 to ensure rapid development in backward areas, focusing on health, nutrition, education, sanitation, agriculture, financial inclusion, and infrastructure. Aspirational Districts Programme Aspirational Blocks Programme Launched in January 2018 by Hon’ble Prime Launched in January 2023 by Hon’ble Prime Minister Minister 23 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Aims to quickly and effectively transform 112 Aims for saturation of essential government districts across the country services in 500 Blocks (329 Districts) across the country Focuses on five themes: Focuses on five themes: Health & Nutrition Health & Nutrition Education Education Agriculture & Water Resources Agriculture and Allied Services Financial Inclusion & Skill Development Basic Infrastructure Infrastructure Social Development Progress in measured on 81 indicators of Progress is measured on 40 indicators of development development AWARDS AND REWARDS Kozhikode secures ‘City of Literature’ status at annual UCCN conference held in Portugal Kozhikode awarded the title of “City of Literature” at the 16th annual UNESCO Creative Cities Network (UCCN) conference in Portugal. Representatives Mayor Beena Philip and Corporation Secretary K.U. Bini attended the conference. The conference theme is “Bringing youth to the table for the next decade”, focusing on integration and knowledge sharing. Gwalior also recognized as a “City of Music”. New members, including Kozhikode, will present their cultural contributions and traditions. UNESCO’s Creative Cities status recognizes cities for their cultural contributions in categories such as design, film, literature, music, and folk art. The conference aims to share knowledge and practices for building sustainable cities. Tamil Writer Sivashankari Wins National Literary Award The Dr. C. Narayana Reddy National Literary Award has been awarded to the renowned Tamil author Sivashankari for her significant contributions to Tamil literature. Sivashankari will receive a cash prize of ₹5 lakh, a memento, and a shawl during the ceremony on July 29, celebrating Dr. C. Narayana Reddy's 93rd birth anniversary at Ravindra Bharati in Hyderabad. The event will be attended by Chief Minister A. Revanth Reddy, Minister for Culture Jupalli Krishna Rao, and Government Whip Adi Srinivas. A new book of Dr. C. Narayana Reddy’s poems, ‘Samanvitham’, will also be released. Sivashankari has an extensive literary portfolio, including 36 novels, 48 mini-novels, 150 short stories, 15 travelogues, seven collections of essays, four study papers, and two biographies, focusing on social issues and human values. She has previously been honored with the Saraswati Samman, one of India’s highest literary awards, highlighting her impact on Indian literature. The Dr. C. Narayana Reddy National Literary Award, named after the esteemed Telugu poet and Jnanpith awardee, recognizes distinguished contributions to Indian literature and includes a certificate and ₹1 lakh in cash. P. Geetha wins first ever K. Saraswathi Amma Award P. Geetha received the first K. Saraswathi Amma Award for feminist studies from WINGS Kerala for her work Aan Thachukal about M.T. Vasudevan Nair’s scripts. 24 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 The award was presented by writer and social activist Sarah Joseph, highlighting the poetic justice of honoring Geetha, who faced criticism for her gender justice stance, with an award named after Saraswathi Amma. Saraswathi Amma, a pioneering feminist writer, was marginalized by the patriarchal literary world; her works included short stories, a novel, a play, and essays on gender equality. Saraswathi Amma published her first short story in 1938 and was later recognized as a forerunner of feminist literature despite being labeled a "men hater" in her time. Sopna Kallingal Wins Spice Award 2024 Sopna Kallingal from Kallingal Plantation in Thrissur received the Spice Award 2024 from ICAR- Indian Institute of Spices Research. The Spice Award recognizes innovative and eco-friendly farming methods in India's spice industry. Kallingal Plantation excels in business diversification and integrated crop management, with nutmeg as the main crop. The plantation practices intercropping with coconut palms, areca nuts, and black pepper vines. The farm also features diverse livestock, enhancing biodiversity and environmental balance. Sopna Kallingal's methods set a standard for sustainable farming, inspiring other Indian farmers to adopt similar practices. Agri-entrepreneur Sopna Kallingal secures Spice Award Sopna Kallingal of Kallingal Plantation, Thrissur, received the Spice Award 2024 from ICAR-Indian Institute of Spices Research. The award recognizes her efforts in enterprise diversification and integrated crop management strategies, promoting a sustainable spice-based cropping system. She received the award at a function held in Kozhikode on Tuesday. Kallingal Plantation under her leadership features a diverse range of crops and innovative agricultural practices. The plantation prioritizes nutmeg but also uses intercropping with coconut palms, areca nut, and black pepper vines. The plantation includes livestock such as Marwadi horses, native cows, ornamental fish, pigeons, rabbits, ornamental hens, and goats, showcasing effective mixed farming methods. APPOINTMENTS Organization Name News Learn Along Indian Army General Upendra Dwivedi took over as the 30th Chief of the Army --- Staff (COAS) from General Manoj Pande, who superannuated after more than four decades of service. Bandhan Bank Ratan Kumar Kesh, Executive Director and Chief Operating Officer Headquarters (COO) of Bandhan Bank, has been appointed as interim MD & CEO : Kolkata with effect from July 10. The present MD & CEO and founder of the bank will retire on July 9. LIC Life Insurance Corporation of India (LIC) has re-designated its Founded: chairman Siddhartha Mohanty as managing director (MD) and chief 1 September executive officer (CEO), with effect from June 30, 2024. 1956 Headquarters : Mumbai Power Grid Akhilesh Pathak has assumed office as the new Chief General Manager --- Corporation of India of the Southern Region Transmission System-I (SRTS-I) of the Power Ltd Grid Corporation of India Ltd on July 1, 2024. 25 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 National Medical The Appointment Committee of the Cabinet (ACC) has appointed various Commission individuals to posts of the National Medical Commission and the Autonomous Boards. The appointments are for a period of 4 years, until the appointee attains the age of 70 years, or until further orders, whichever is earliest. The appointed members are as follows: Dr. B.N. Gangadhar, President of the Medical Assessment and Rating Board, as the Chairperson of the National Medical Commission [in terms of Section 4 of the NMC Act, 2019]. Dr. Sanjay Behari, Director of Sree Chitra Tirunal Institute for Medical Sciences and Technology, Thiruvananthapuram, as the President of the Medical Assessment and Rating Board [in terms of Section 17(2) of the NMC Act, 2019]. Dr. Anil D’Cruz, Director (Oncology) of Apollo Hospital, Mumbai, as a whole-time member of the Post-Graduate Medical Education Board [in terms of Section 17(2) of the NMC Act, 2019]. Maharashtra Sujata Saunik, a 1987 batch IAS officer, became the first female Chief Capital : Secretary of Maharashtra. Mumbai Jharkhand Justice Bidyut Ranjan Sarangi has been appointed as the Chief Capital: Justice of the Jharkhand High Court, succeeding Justice Sanjaya Ranchi Kumar Mishra who retired on December 28, 2023. His appointment was recommended by the Supreme Court collegium in December last year and officially announced by the Union Ministry of Law and Justice on July 3. IMPORTANT DAYS Day/Week Observance Significance 3 July International Plastic Bag Every year on July 3, individuals and communities around the globe Free Day come together to observe International Plastic Bag Free Day. This day serves as a poignant reminder of the detrimental impact of plastic bags on our environment and encourages concerted efforts towards reducing their usage. 26 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 OBITUARIES Name of Person Field Points to Remember Rajavarothiam Politician Veteran Sri Lankan Tamil leader Rajavarothiam Sampanthan, Sampanthan who dedicated his entire political life to pursuing a just solution to the island nation’s Tamil question, passed away in Colombo. He was 91. Bhupinder Singh Sports Former India midfielder Bhupinder Singh Rawat, who played in Rawat the 1969 Merdeka Cup in Malaysia died. He was 85 and is survived by his wife, one son and daughter. Jon Landau Cinema Jon Landau, the Oscar-winning producer who worked closely with director James Cameron on three of the biggest blockbusters of all time, Titanic and two Avatar films, has died. Smriti Biswas Cinema Veteran actor Smriti Biswas died on July 3 at the age of 100. The actor, best known for her work in Bengali, Hindi, and Marathi films, breathed her last at her house in Nashik due to age-related illness. Robert Towne Writer and Film America's well-known writer and film director Robert Towne died director in Los Angeles. He was awarded the Oscar Award for 'Chinatown'. Apart from this, he was also nominated for 'The Last Detail', 'Shampoo' and 'Greystroke'. He was honoured with the 'Lifetime Achievement' award by the 'Writers Guild of America' in 1997. Smriti Biswas Actor Veteran actor Smriti Biswas died on July 3 at the age of 100. The actor, best known for her work in Bengali, Hindi, and Marathi films, breathed her last at her house in Nashik due to age-related illness. SPORTS Vishy Anand Wins 10th Leon Masters Title Viswanathan Anand won the Leon Masters chess championship for the 10th time by defeating Jaime Santos Latasa of Spain 3-1 on June 30, 2024. Anand has previously won the Leon Masters in 1996, 1999, 2000, 2001, 2005, 2006, 2007, 2011, 2016, and 2024. The Leon Masters chess tournament is held in Leon, Spain, featuring four players, including Arjun Erigaise of India, Veselin Topalov of Bulgaria, and Jaime Santos Latasa. In the semifinals, Anand defeated Veselin Topalov while Arjun Erigaise lost to Jaime Santos Latasa. Anand, a five-time world chess champion, lived in Spain for many years before returning to Chennai, Tamil Nadu. He became India’s first Grand Master in 1988 and was the first recipient of the Rajiv Gandhi Khel Ratna Award in 1991-92. Anand was awarded India’s second-highest civilian award, Padma Vibhushan, in 2007, being the first sportsperson to receive it. Sitwala, Anupama win Asian billiards and snooker titles Dhruv Sitwala won the men’s Asian billiards title at the Asian championships in Riyadh, defeating Pankaj Advani 5-2. Anupama Ramachandran clinched the women’s snooker title, beating Panchaya Channoi from Thailand 3-1. 27 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Men's Billiards Final scores: 103(103)-0, 100-36, 2-101(82), 11-100(60), 100-64, 101(101)-23, 100(62)- 0. Women's Snooker Final scores: 18-72, 81(54)-1, 61-51, 61-40. These victories highlight India's strong performance in the Asian championships. Dhruv Sitwala and Anupama Ramachandran showcased exceptional skill and competitiveness. Lewis Hamilton wins British GP for ninth time Lewis Hamilton won the British Grand Prix, marking his first victory since December 2021 and his 104th career win. Hamilton held off a late charge from Max Verstappen, securing his ninth victory at Silverstone and becoming the record-holder for wins at a single circuit. Max Verstappen finished second, recovering from early struggles, while Lando Norris took third place. Hamilton, emotional in his last British GP for Mercedes, expressed deep gratitude to his team. The race saw intense competition, with early rain affecting strategies and Oscar Piastri briefly leading before finishing fourth. Other notable performances included Carlos Sainz in fifth, Nico Hulkenberg in sixth, and Lance Stroll and Fernando Alonso taking seventh and eighth, respectively. All Olympics-bound athletes, including Neeraj Chopra Dr. Dinshaw Pardiwala, chief medical officer of the Indian contingent, confirmed that all Indian athletes for the Paris Olympics are fit enough to perform. A 13-member medical team will provide comprehensive support in injury management, sports nutrition, mental conditioning, sports massage, recovery, and sleep. The Indian Olympic Association, Sports Ministry, and Sports Authority of India have collaborated to ensure optimal rest and recovery facilities for athletes, including a recovery and preparational rehabilitation room. For the first time, Indian athletes will have access to a dedicated recovery room and a sleep therapist to address inadequate sleep issues. Athletes' personal support staff have coordinated with the medical team to ensure consistent support in Paris. The Paris Olympics aims to be a green event; no air-conditioning will be provided in the Athletes' Village, but a geo-thermal system will maintain temperatures 5-7 degrees cooler than the ambient temperature. Hardik Pandya becomes No. 1 all-rounder in T20Is Hardik Pandya rose two places to become the first Indian to occupy the No. 1 spot in the ICC’s T20I all-rounders’ rankings. Pandya, 30, is now level with Wanindu Hasaranga as the top-ranked men’s T20I all-rounder. Jasprit Bumrah moved up 12 spots to be just outside the top-10, currently at 12th, his highest position since the end of 2020. Improvements followed India's title-winning performance in the recent World Cup. Significant rankings boost for Indian cricketers post World Cup victory. India Finishes On Top At U23 Asian Wrestling Championship In Jordan India topped the Under 23 Asian Wrestling Championship 2024 in Amman, Jordan. Indian wrestlers won a total of eight medals in freestyle wrestling: four gold, two silver, and two bronze. 28 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected] Weekly BeePedia 1st – 8th July 2024 Gold medalists: Abhimanyu (70 kg), Jointy Kumar (92 kg), Sahil Jaglan (97 kg), and Anirudh Kumar (125 kg). Silver medalists: Rohit (65 kg) and Jaideep (74 kg). Bronze medalists: Shubham (57 kg) and Amit (79 kg). This marks an all-time performance by the Indian contingent at the event. Kazakhstan took second place, while Kyrgyzstan secured third. Viswanathan Anand Wins 10th Leon Masters Title Anand defeated Jaime Santos Latasa 3-1 in the finals to win his 10th title at the Leon Masters in Spain. Anand is a five-time World Chess Champion and has demonstrated long-lasting dominance in international chess. He won the Leon Masters for the first time in 1996; the 2023 tournament featured four players in a rapid chess format with 20-minute games. Key rivals included Arjun Erigaise and Veselin Topalov; Anand won a tough semifinal against Topalov. In the finals, Anand showed strategic brilliance and resilience, overcoming a brief pawn disadvantage to win. Anand became India’s first grandmaster in 1988 and has received prestigious awards, including the Padma Vibhushan and the Rajiv Gandhi Khel Ratna Award. Known as the “Lightning Kid”, Anand significantly boosted chess awareness and popularity in India, inspiring future generations. BPCL Partners with Indian Olympic Association as Principal Sponsor from Paris 2024 to Los Angeles 2028 Bharat Petroleum Corporation Limited (BPCL) partners with the Indian Olympic Association (IOA) as the official Principal Partner from Paris Olympics '24 to Los Angeles Olympics '28. The partnership aims to support and inspire Indian athletes through campaigns celebrating their grit and determination. BPCL will launch initiatives to galvanize national support for the Indian Olympic contingent and foster a spirit of national pride. BPCL has supported over 200 sportspersons across various disciplines, nurturing talent and providing confidence for their aspirations. IOA President PT Usha and BPCL’s C&MD G. Krishnakumar emphasized the partnership's role in nurturing sporting talent and supporting India's Olympic success. Sukhmal Jain, Director (Marketing), highlighted the partnership's contribution to developing sports in India and achieving success at the Paris Olympics. BPCL, a Fortune Global 500 Company, focuses on sustainability and aims to become a Net Zero Energy Company by 2040. Sources of the News: The Hindu,The Indian Express,Business Standard, The Financial Express ,PIB, etc. 29 | P a g e All ixamBee Mock Tests are FREE Please visit www.ixamBee.com Contact us at 92055 24028 (SMS/WhatsApp/call) or [email protected]