RBI, Banking, and Economy
- Survey on International Trade in Banking Services (ITBS) 2023-24: Launched by the RBI to gather data on financial services provided by Indian and foreign banks. The survey focuses on services provided based on fees/commission and must be completed by July 31, 2024.
- Monetary Policy Committee Meeting: The policy repo rate remains unchanged at 6.50%. The RBI's focus is on aligning inflation with the target while supporting growth.
SEBI and Financial Awareness
- Public Sector vs. Private Sector Projects: Banks have requested RBI to differentiate between public and private sector projects in infrastructure financing guidelines due to differing risk levels.
- Future Unicorns in FinTech: India has 30 future unicorns in the FinTech sector, with consumer lending being the dominant subcategory.
NABARD and Agriculture
- UP Government Initiative: Connecting agriculture startups with e-commerce platforms ONDC and e-NAM to enhance rural incomes and employment.
National
- Climate Action Survey: A UN survey revealed that four in five people want stronger government action on climate change. In India, 77% support stronger climate commitments.
- TRAI Recommendations for National Broadcasting Policy-2024: Emphasizes the broadcasting sector's potential for economic growth and technological adoption.
- Bharat 6G Alliance Partnerships: MoUs signed with European and Finnish entities to enhance India's position in global 6G technology development.
International
- India-Cambodia Joint Working Group on Trade & Investment: The second meeting focused on enhancing bilateral trade, collaboration in UPI, pharmaceuticals, and traditional medicine.
States
- Patna High Court Quashes 65% Quota: The court set aside Bihar's legislation to increase reservation from 50% to 65% for certain castes, citing the Supreme Court's 50% cap on reservations.
Reports and Indexes
- India's Deeptech Ecosystem: India ranks sixth globally with over 3,600 deeptech startups, focusing primarily on AI.
Science and Technology
- NHAI and IIIT Delhi Collaboration: An MoU to enhance road safety using AI for better management of road signs on national highways.
Events
- Digital Twin Initiative Networking Event: Held at IIT Delhi, focusing on developing Digital Twin-enabled solutions for various sectors.
Appointments
- Girija Subramanian: Appointed CMD of New India Assurance.
- Bhartruhari Mahtab: Appointed pro-tem Speaker of the Lok Sabha.
Obituaries
- Donald Sutherland: The Emmy and Golden Globe-winning actor passed away at 88.
Sports
- Ankita Raina: Entered the quarterfinals of the €100,000 WTA tournament in Gaiba, Italy, after defeating Irina Bara of Romania.