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Daily Current Affairs 15th June 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 15th June 2023. It includes all Major National, International, Business and Sports related current affairs of 15th June 2023. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 15th June 2023 Current affairs test.


National Updates

1. Rise in Education Loans in FY23

  • The Reserve Bank of India (RBI) recently released data indicating a 17% surge in education loans during the financial year 2022-23. The amount increased to ₹96,847 crore from ₹82,723 crore in the preceding fiscal year.
  • In the priority education sector, loans witnessed a growth of 0.9% in FY 2022-23. This is noteworthy, given that there was no growth in 2021-22, and a decline was observed in the three years before that.

Global News

2. Economic Downturn in New Zealand

  • New Zealand’s economy has entered a recessionary phase, with a 0.1% decline in the GDP for the March quarter. This comes after a 0.7% decrease in the GDP during the fourth quarter of 2022.
  • The present economic downturn can be attributed to the central bank’s measures to control inflation as well as the aftermath of various natural disasters.

Economic Bulletins

3. Decrease in India’s Inflation Rate in May 2023

  • Recent data from the Ministry of Statistics and Programme Implementation highlights a drop in India’s Consumer Price Index (CPI)-based retail inflation. The rate decreased to a two-year low of 4.25% in May 2023.
  • Comparatively, the inflation rate was at 7.79% in April 2022 and dipped to 4.06% in January 2021. The Wholesale Price Index (WPI) also showed a decline to -0.92% in April 2023 from 1.34% in the previous month.

Corporate Updates

4. IOC and LanzaJet’s Joint Venture

  • Indian Oil Corp (IOC) is entering a partnership with LanzaJet, a leading name in sustainable fuel technologies. Their plan is to establish an aviation fuel plant in Haryana.
  • The joint venture is backed by an investment of ₹23 billion (equivalent to $280.1 million). The collaboration was publicly announced by the IOC Chairman, S.M. Vaidya, in New Delhi.

Banking Developments

5. Innovative Spending Account by Fino Payments Bank and Hubble

  • Fino Payments Bank, in association with fintech firm Hubble, which is supported by Sequoia Capital, is launching a unique spending account in India.
  • This account is designed to facilitate convenient spending across various sectors. It also offers discounts of up to 10% on transactions.

Key Dates to Remember

6. Highlighting World Elder Abuse Awareness Day 2023

  • World Elder Abuse Awareness Day is observed annually on June 15th. The day is dedicated to raising awareness about the mistreatment and neglect faced by the elderly population.
  • This year, the United Nations is focusing on addressing gender-based violence in older age through its theme.

7. Spotlight on Global Wind Day 2023

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  • Global Wind Day is celebrated every year on June 15th. The day emphasizes the significance and potential of wind energy.
  • The celebration underscores the ability of wind energy to transform our energy systems, reduce carbon emissions, and boost economic growth.

Summits & Gatherings

8. First Hindu-American Summit Insights

  • The first Hindu-American summit is scheduled for June 14 at the US Capitol Hill. Organized by Indian Americans, the summit aims to highlight the challenges faced by the underrepresented Hindu community in the realm of politics.

Ranking Insights

9. India’s Position in Global Slavery Index 2023

  • The fifth edition of the Global Slavery Index by Walk Free offers insights into modern slavery based on data from 2022. The index utilizes data from organizations like the International Labour Organization (ILO), Walk Free, and the International Organization for Migration (IOM).

Government Initiatives

10. About Sovereign Gold Bond Scheme 2023-24

  • The Indian government has introduced the Sovereign Gold Bond Scheme for the fiscal year 2023-24. This scheme allows individuals to invest in gold, providing an alternative to the physical form of the metal. The Reserve Bank of India (RBI) is responsible for issuing these bonds on behalf of the government.

Corporate Appointments & Collaborations

11. Tira’s Star-studded Campaign

  • Tira, a venture by Reliance Retail, is launching a marketing campaign featuring Bollywood celebrities like Suhana Khan, Kiara Advani, and Kareena Kapoor Khan as its brand ambassadors.

12. New Director at NHPC

  • Uttam Lal has been appointed as the new Director (Personnel) at NHPC Limited India. Prior to this, he had served NTPC Limited. He brings with him 35 years of experience to his new role at NHPC.

Achievements & Recognitions

13. Accolade for RBI Chief Shaktikanta Das

  • Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), has been honored with the ‘Governor of the Year Award for 2023’ by Central Banking in London.

Sports Chronicles

14. Conclusion of 1st Janjatiya Khel Mahotsav in Odisha

  • The first Janjatiya Khel Mahotsav took place in Odisha, organized by Kalinga Institute of Industrial Technology (KIIT). Co-hosted by the Odisha Government and the Union Ministry of Culture, this event witnessed the participation of around 5,000 indigenous athletes from 26 different states.
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