National News

1. Nitin Gadkari Approves Draft GSR Notification To Introduce Bharat

NCAP 
 Union minister for Road Transport and Highways, Nitin Gadkari has
approved the Draft GSR Notification to introduce Bharat NCAP (New
Car Assessment Program), wherein automobiles in India shall be
accorded Star Ratings based upon their performance in Crash Tests.
 Bharat-NCAP will serve as a consumer-centric platform allowing
customers to opt for safer cars based upon their star-ratings, while
promoting a healthy competition among OEMs in India to
manufacture safer vehicles.
International News
2. South Korea sent its first satellite into orbit using a domestic Nuri
rocket 
 South Korea launched its first satellite successfully using a
homegrown rocket, boosting the nation's expanding aerospace
ambitions and proving it has the necessary technologies to build
larger missiles and launch spy satellites in the midst of tensions with
rival North Korea.
 The Science Ministry reported that the three-stage Nuri rocket
successfully launched a working "performance verification" satellite
to a target altitude of 435 miles from South Korea's space
launch facility on a southern island. 
 The 154-foot rocket was seen ascending in live TV footage among
brilliant flames and copious amounts of white smoke.
Important Takeaways for All Competitive Exams:
 South Korea President: Yoon Suk Yeol
 South Korea National Flower: Mugunghwa (Rose of Sharon)
3. China launched Three New Yagon-35 remote Sensing Satellites 
 Three new remote sensing satellites were successfully launched
by China from the Xichang Satellite Launch Centre in the Sichuan
Province in southwest China.
 The satellites were launched by a Long March-2D carrier rocket at
10:22 a.m. (local time) as part of the Yaogan-35 family and
successfully entered the intended orbit.
 The China Aerospace Science and Technology
Corporation's Long March carrier rocket family, which accounts for
around 96.4%.
States News
4. Goa celebrates 'Sao Joao' festival 
  The people of Goa has celebrated the Sao Joao festival, the feast
of St John the Baptist with traditional enthusiasm after a two-year
coronavirus-induced gap.
 The festival is dedicated to Saint John the Baptist, who baptised Lord
Jesus on the river of Jordan and is celebrated at the onset of
monsoon. Siolim, a village in North Goa, hosts a traditional canoe
parade on the occasion of Sao Joao.
Important Takeaways For All Competitive Exams:
 Goa Governor: P.S. Sreedharan Pillai;
 Goa Chief minister: Pramod Sawant.
Appointments News
5. S.S. Mundra appointed as chairman of BSE 
 S.S. Mundra, a public interest director to lead the world's largest
stock exchange, according to the BSE. Justice Vikramajit Sen will
be replaced by Mr. Mundra.
 After serving for three years, Mr. Mundra left his position as Reserve
Bank of India's Deputy Governor in July 2017. Before that, he held
the positions of Chairman and Managing Director at Bank of
Baroda, until he retired in July 2014.
6. Shyam Saran, Former Foreign Secretary chosen to lead India
International Centre 
 India International Centre's President is now former foreign
secretary and Prime Minister's Special Envoy for Nuclear Affairs
and Climate Change Shyam Saran.
 After leaving the administration in 2010, he served as chairman of the
National Security Advisory Board under the National Security
Council and served as the director of the Research and Information
System for Developing Countries, a renowned think tank specialising
in economic issues, from 2011 to 2017. (2013-15).
7. Parameswaran Iyer appointed as CEO of NITI Aayog 
 Former Drinking and water Sanitation Secretary, Parameswaren
Iyer has been appointed as the new Chief Executive Officer of NITI
Aayog for 2 years. He will succeed Amitabh Kant.
 Kant was appointed as the CEO of the National Institution for
Transforming India (Niti Aayog) on February 17, 2016, for a fixed
two-year term.
Important takeaways for all competitive exams:
 NITI Aayog Founded: 1 January 2015;
 NITI Aayog Preceding: Planning Commission ( 15 March 1950)
 NITI Aayog Headquarters: New Delhi;
 NITI Aayog Chairperson: Narendra Modi;
 NITI Aayog Vice Chairperson: Suman K Bery;
 NITI Aayog comes under the Ministry of Commerce and Industry.
8. Tapan Kumar Deka appointed as new Director of Intelligence
Bureau 
 The Central government has appointed senior IPS officer Tapan
Kumar Deka as Director of Intelligence Bureau.
 Tapan Kumar Deka, a 1988 batch Himachal Pradesh cadre IPS
officer, was appointed for a tenure of two years from the date of
assumption of the charge of the post or until further orders,
whichever is earlier.
 Deka will succeed incumbent Intelligence Bureau Director Arvind
Kumar, whose tenure ends on June 30.
Important takeaways for all competitive exams:
 Intelligence Bureau Headquarters: New Delhi;
 Intelligence Bureau Formed: 1887.
9. Samant Kumar Goel re-appointed as Chief of R&AW
 Samant Kumar Goel's contract as secretary of the intelligence
agency's Research and Analysis Wing (RAW) was extended by the
Centre on June 24 by another year.
 Goel is an IPS officer from the Punjab cadre class of 1984 and will
hold the position of agency secretary through June 30, 2023.
 In June 2019, Samant Kumar Goel succeeded Anil Dhasmana as
the Chief of RAW.
Important takeaways for all competitive exams:
 RAW Formed: 21 September 1968;
 RAW Headquarters: New Delhi;
 RAW Founders: R. N. Kao & Indira Gandhi.
10. Anil Khanna named as the acting President of IOA 
 Anil Khanna has been appointed the acting President of Indian
Olympic Association (IOA).
 The Delhi High Court has ordered that Narinder Dhruv Batra cannot
continue as the President of the IOA and appointed Anil Khanna as
acting president.
Agreements News
11. NSE and BSE approve the merger of PVR-INOX 
 The Bombay Stock Exchange (BSE) and National Stock
Exchange (NSE) have approved the merger of multiplex chain PVR
and Inox Leisure.
 According to their separate exchange filings, PVR and Inox
Leisure received observation letters from the BSE on June 20 and
21 with "no unfavourable observations" and "no objection,"
respectively.
  According to the documents, the Competition Commission of
India must provide the necessary regulatory licences before the
merging plan can forward (CCI).
Economy News
12. GST Council to talk about modifying law, online gambling and
casinos 
 The Goods and Service Taxes (GST) Council is going to talk about
changing the law to make it easier to create GST tribunals.
 A report by a Group of Ministers (GoM) on online gambling,
casinos, and racetracks will also be discussed by the Council.
 The GoM has proposed that rates and valuation standards for the 28
percent GST that will be imposed on casinos, racetracks, internet
gambling, and lotteries be uniform. It said that no distinction should
be made between games of skill and games of chance for the
purposes of the levy.
13. Piyush Goyal: Indian GDP might reach $30 trillion in coming 30
years 
 India's economy, according to Commerce and Industry
Minister Piyush Goyal, is among the fastest-growing in the world
and is predicted to reach $30 trillion in the next 30 years.
 Goyal remarked that if India grows at a compound annual growth
rate of 8% annually, the economy will double in nine years while
speaking to exporters in Tiruppur, Tamil Nadu.
 According to the minister, the country's economy is currently worth
approximately $3.2 trillion and will be worth roughly $6.5 trillion in
nine years.
Important Takeaways For All Competitive Exams:
 Union Commerce and Industry Minister, GoI: Shri Piyush Goyal
 Union Finance Minister, GOI: Nirmala Sitharaman.
Bankings News
14. Campus Power a new digital platform for students from ICICI
Bank 
 ICICI Bank unveiled a digital platform named "Campus Power" to
assist students who want to pursue higher education in India and
abroad. The platform meets the diverse demands of the whole
student ecosystem, which includes parents, institutes, and students.
 The new Campus Power platform helps users find financial products
that are right for them by guiding them through the process of
researching bank accounts, including international accounts,
education loans and their tax benefits, foreign exchange solutions,
payment solutions, cards, other loans, and investments.
 Defence News
15. IAF to join Egyptian Air Force in Tactical Leadership Program
 The Indian Air Force announced that three Su-30 MKI planes and
two C-17 transport aircraft are taking part in a month-long tactical
leadership programme in Egypt.
 According to the statement, the exercise offers a singular chance to
highlight the IAF's capabilities and reach against the backdrop of the
current geopolitical situation.
 In Egypt (Cairo West Airbase), the Indian Air Force would send
three Su-30MKI aircraft, two C-17 aircraft, and 57 IAF personnel to
the Egyptian Air Force Weapon School to take part in a tactical
leadership programme.
Important Takeaways For All Competitive Exams:
 Chief of the Air Staff  / Air Force Chief: Air Chief Marshal Vivek
Ram Chaudhari
Summits and Conferences News
16. UN Ocean Conference 2022: Dr. Jitendra Singh to go to Lisbon 
 Dr. Jitendra Singh, Minister of State for the Government of India, left
for Portugal to attend the Lisbon UN Ocean Conference, 2022.
 On the topic of Scaling up Ocean Action based on Science and
Innovation for the implementation of Goal 14: Stock taking,
Partnerships and Solutions, he will give the conference's keynote
presentation. The Conference will have participants from more than
130 nations.
 At the conclusion of the Conference, the leaders will also reiterate the
statement titled Our ocean, our future: call for action.
Important Takeaways For All Competitive Exams:
 Ministry of Science and Technology, Minister of state Ministry of
earth science, GoI: Dr. Jitendra Singh
Ranks and Reports News
17. Global Liveability Index 2022 released 
 The annual ranking of the world's most liveable cities has just been
released by the Economist Intelligence Unit (EIU), and 2022's
Global Liveability Index shows some marked differences from the
previous year.
 The EIU, which is a sister organization to The Economist, ranked 173
cities around the world on a variety of factors, including health care,
crime rates, political stability, infrastructure and access to green
space.