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Trustees of PM CARES select SARC & Associates as auditor of the fund

June 17, 2020
PM Modi
  • Trustees of the PM CARES Fund have selected SARC & Associates as auditor of the fund. Its website pmcares.gov.in tells trustees of the fund, which is called Prime Minister’s Citizens Assistance and Relief in Emergency Situations (PM CARES) Fund, designated “SARC & Associates, Chartered Accountants, New Delhi, as the auditors” for three years.

IBBI reconstitutes advisory panel on the corporate insolvency resolution process

June 17, 2020
IBBI
  • The insolvency regulator IBBI(Insolvency and Bankruptcy Board of India) has reconstituted the Advisory Committee on Corporate Insolvency Resolution and Liquidation process. This panel, which would be led by Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Bank, comprises 13 members besides the Chairman.

India placed 6th as nuclear weapons increased since 2019; US tops: SIPRI’s Yearbook 2020

June 17, 2020
SIPRI’s Yearbook 2020
  • India and China have raised their nuclear arsenal over the last year, as per to the Stockholm International Peace Research Institute (SIPRI). The Swedish think-tank that researches on conflict, armaments and arms charge also aimed out on Monday that China is significantly modernizing its nuclear arsenal.

17th June is observed as World day to combat desertification and drought

June 17, 2020
World day to combat desertification and drought
  • The World Day to Combat Desertification and Drought is celebrated every year to uplift public awareness of international efforts to combat desertification.
  • 2020 Theme: Food.Feed.Fibre.– the links between consumption and land.

Govt. start ‘Garib Kalyan Rojgar Abhiyaan’ to support livelihood opportunities in rural India

June 18, 2020
Garib Kalyan Rojgar Abhiyaan
  • Prime Minister Narendra Modi will start ‘Garib Kalyan Rojgar Abhiyaan’ on June 20 to upgrade livelihood opportunities in rural India. “Government of India has planned to start a massive rural public works scheme ‘Garib Kalyan Rojgar Abhiyaan’ to empower and give livelihood opportunities to the returnee migrant workers and rural citizens.

Intel agencies caution against the usage of 52 mobile apps with links to China

June 18, 2020
TikTok
  • Indian intelligence agencies have urged the government to block or advise people to discontinue the usage of 52 mobile applications linked to China over concerns that these aren’t safe and ended up extracting a vast amount of data outside India, people familiar with the development.

India gets 184 out 192 votes to enter UN Security Council

June 18, 2020
UN Security Council
  • India secured major diplomatic supremacy to enter the non-permanent category of the UN Security Council when polls were held for the five non-permanent members on 17th June. India won 184 votes out of 192 valid votes cast.

India’s GDP to shrink by 4% (means -4%) fiscal 2020-21: ADB

June 18, 2020
GDP
  • India’s economy will shrink by 4% in the financial year 2020 as against an increment of 4% projected in its April outlook, the Asian Development Banks stated in its supplement report on 18th June while also cutting the growth forecast for India for 2021 to 5% compared to 6.2% projected in April.

1971 War Hero Lt General Raj Mohan Vohra passed away due to COVID-19

June 18, 2020
Lt General Raj Mohan Vohra
  • Lieutenant General (retd) Raj Mohan Vohra, who was a 1971 war hero and a Maha Vir Chakra awardee, has passed away because of COVID-19.

International Picnic Day is observed on 18 June

June 18, 2020
International Picnic Day
  • International Picnic Day is celebrated on June 18, every year. It is a day to inspire people to go outdoors and relish a hearty meal in nature, with other people’s company. In the early days, people used to go on a picnic as a break from their daily lives.

Reliance sells 2.32% stake in Jio to Saudi wealth fund PIF for Rs 11,367 cr

June 18, 2020
Reliance
  • Saudi Arabia’s PIF, one of the world’s largest sovereign wealth funds, will invest Rs 11,367 crore for 2.32 percent of Jio Platforms, a well-known eleventh investment in the Reliance Industries Limited (RIL) digital unit in nine weeks.

Sebi panel recommends measures to strengthen enforcement, recovery mechanism

June 18, 2020
SEBI
  • A Sebi panel on 16th June recommended measures to strengthen markets watchdog’s enforcement mechanism and enhance the system of recovery of siphoned off money.

Fourth edition of Asian Youth Para Games to be organized in Bahrain in December 2021

June 18, 2020
Asian Youth Para Games
  • The Asian Paralympic Committee (APC) on 17th June declared that Bahrain will host the fourth edition of the Asian Youth Para Games from December 1 to 10 next year.

PM Modi starts auction of coal mines for commercial mining

June 19, 2020
coal
  • Prime Minister Narendra Modi on 18th June started the auction coal mines for commercial mining through video conference.
  • Addressing the occasion, PM Modi told India has taken the significant decision to fully open the coal and mining sector for competition, capital, participation, and technology.

Kubatbek Boronov designated as acting Prime Minister of Kyrgyzstan

June 19, 2020
Kubatbek Boronov
  • Kyrgyzstan’s ruling coalition selected Kubatbek Boronov for prime minister on 16th June, implicitly ensuring he would get the post after his predecessor resigned because of a corruption inquiry against former Cabinet officials.

India to send 75-Member tri-service contingent to World War II Victory Parade in Moscow

June 19, 2020
India to send 75-Member tri-service contingent to World War II Victory Parade in Moscow
  • India will send a contingent of 75 personnel from its three armed forces to Moscow to join in Russia’s 75th World War II Victory Day march on June 24.

Maruti pairs-up with Karur Vysya Bank for flexible financing schemes

June 19, 2020
Maruti Suzuki India
  • Car market leader Maruti Suzuki India (MSI) on 16th June declared it has partnership with Karur Vysya Bank to extend simpler and flexible financing schemes for new customers.

France to provide a loan of 200 million euros to India to support Delhi’s COVID-19 response

June 19, 2020
Corona sufferers
  • France and India on 18th June inked an agreement with Paris committing 200 million euros to aid Delhi’s COVID-19 response.
  • Through this loan, France will work with India to uplift the state and central governments’ capacities to promote the country’s most vulnerable people in the wake of the COVID-19 crisis.

Turkey’s Volkan Bozkir chosen as president of 75th UN General Assembly

June 19, 2020
Volkan Bozkir
  • The UN General Assembly on 17th June selected Turkish diplomat Volkan Bozkir to be its president for the 75th General Debate in September.
  • In a secret ballot vote Bozkir, who was unanimous for the post, got 178 ballots in support as 11 nations abstained, Anadolu Agency reported.

DK Jain receives one-year extension as BCCI Ethics Officer and Ombudsman

June 19, 2020
DK Jain
  • Former Supreme Court judge DK Jain has received a one-year continuation by the Board of Control for Cricket India (BCCI) to serve as BCCI’s Ethics Officer and Ombudsman.

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