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Daily Current Affairs 21st July 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 21st July 2023. It includes all Major National, International, Business and Sports related current affairs of 21st July 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 21st July 2023 Current affairs test.


National News

1. India Backs U.N. over Black Sea Endeavor

  • India is actively supporting the United Nations in its commitment to the Black Sea Grain initiative. The country urges a prompt resolution to ongoing challenges. Ukraine, often termed “Europe’s breadbasket,” benefits immensely from this initiative, especially given the disruptions following Russia’s invasion in February 2022.

International News

2. India and Japan Strengthen Ties with Semiconductor Agreement

  • Building on their relationship, India and Japan have entered a pact to collectively advance the semiconductor sector. This partnership seeks to reinforce the global supply chain, especially within the pivotal semiconductor domain. Notably, Japan is the second Quad country, following the U.S., to collaborate with India in this area.

State News

3. OPPO India Launches First PPP Atal Tinkering Lab in Kerala

  • In association with NITI Aayog’s Atal Innovation Mission, OPPO India has inaugurated its premier Atal Tinkering Lab in Kerala under the PPP (PublicPrivate Partnership) model. This endeavor aims to cultivate technical expertise and entrepreneurial spirit among the younger generation.

Defence News

4. Argentina Eyes HAL for Helicopter Procurement

  • Argentina’s Defence Minister, during his Bengaluru visit, inked a Letter of Intent with Hindustan Aeronautics Limited, expressing mutual interest in the procurement of Light and Medium Utility Helicopters for Argentina’s military.

5. Ashok Leyland Clinches Defence Contracts Worth Rs 800 crore

  • Ashok Leyland, a leading commercial vehicle producer, has announced obtaining defence contracts amounting to Rs 800 Crore. The agreement encompasses delivering specialized 4×4 Field Artillery Tractors and 6×6 Gun Towing Vehicles for the Indian army’s Artillery units within the ensuing year.

Banking News

6. RBI Revokes License of United India Cooperative Bank

  • Owing to insufficient capital and dwindling earning prospects, the Reserve Bank of India has annulled the registration of Bijnor’s United India Cooperative Bank Ltd, Uttar Pradesh. This action prohibits the bank from executing any banking operations, including deposit acceptance and repayment.

Important Days News

7. India Observes National Broadcasting Day 2023

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  • On July 23rd, National Broadcasting Day is celebrated in India to recognize radio’s influential role. The day also commemorates the birth of India’s premier radio service, All India Radio (AIR). To honor this day, a symposium was held in New Delhi to discuss broadcasting’s contribution to modern India.

Sports News

8. South Zone Triumphs in Duleep Trophy After a Decade

  • After a riveting match, South Zone bested West Zone, clinching the Duleep Trophy with a 75run lead at Bengaluru’s M. Chinnaswamy Stadium. This win is South Zone’s 14th Duleep Trophy victory and is particularly cherished as they seek to redeem their loss to West Zone the previous year.

9. Virat Kohli Joins the Elite 500 International Matches Club

  • Celebrated Indian cricketer, Virat Kohli, has hit another milestone by becoming only the 10th cricketer to play 500 international matches. This achievement places him in a prestigious group, alongside Indian legends like Sachin Tendulkar, Rahul Dravid, and MS Dhoni.

Schemes News

10. Innovative “Credit Guarantee Scheme” Unveiled for Livestock Sector

  • The government has rolled out a novel “Credit Guarantee Scheme” for the Livestock Sector. It’s aimed at rejuvenating the rural economy and fortifying Micro, Small & Medium Enterprises (MSMEs). A Credit Guarantee Fund Trust of Rs 750 crore has been set up to ensure lending institutions get the necessary credit guarantee.

11. Chhattisgarh Introduces Gramin Awaas Nyay Yojna for Rural Housing

  • Chhattisgarh’s Government, under the leadership of CM Bhupesh Baghel, has launched the Gramin Awaas Nyay Yojna. This initiative seeks to offer free housing to the state’s underprivileged who, based on the 2011 SECC survey, aren’t covered by the PM Awaas Yojna.

12. Himachal Pradesh Unveils Scheme for Women’s Economic Empowerment

  • Himachal Pradesh’s CM Sukhvinder Singh Sukhu introduced a novel scheme on 20th July geared towards women’s economic upliftment. The ‘Sashakt Mahila Rin Yojna’ offers collateralfree loans for women, enabling them to chase their entrepreneurial visions and meet daily needs.

Appointments News

13. Jaguar Land Rover Announces Adrian Mardell as CEO

  • Jaguar Land Rover, a subsidiary of Tata Motors, has named Adrian Mardell as its CEO for a term of three years. Before this, Mardell served as Interim CEO and was associated with the JLR Board of Directors as Chief Financial Officer.

14. Sat Pal Bhanoo to Lead Life Insurance Corp as Managing Director

  • Sat Pal Bhanoo has been designated the new Managing Director of LIC. He will be succeeding Siddhartha Mohanty, the company’s new chairman as of April 2023. Bhanoo’s tenure extends till December 31, 2025, or any subsequent directives.

15. Rakesh Pal Takes Helm as Director General of Indian Coast Guard

  • Rakesh Pal has been instated as the 25th Director General of the Indian Coast Guard. An Indian Naval Academy graduate, Pal joined the service in 1989. His specialized training includes a stint at the Indian Naval School Dronacharya and a course in the UK on ElectroOptics Fire Control Solution.

Ranks & Reports News

16. HDFC Bank Ascends to Second Position by Market Value, Pushing TCS to Third

  • HDFC Bank has surpassed Tata Consultancy Services in market capitalization, securing its position as India’s second most valuable company. This boost is attributed to its recent merger with its parent firm, HDFC, marking a historic deal in the nation’s corporate merger landscape.

Science and Technology News

17. ISRO

‘s “Anand” Successfully Orbits Earth; Aims for Deep Space in 2023

  • ISRO’s ambitious satellite, “Anand,” was successfully launched and orbited Earth. Anand’s objectives are to study deep space phenomena like gamma ray bursts and monitor cosmic rays. It’s equipped with indigenously developed gamma ray and Xray detectors. ISRO plans to further deploy it for deep space explorations next year.

18. Solar Electric Propulsion to Boost India’s Deep Space Missions

  • In a monumental breakthrough, Indian scientists have mastered solar electric propulsion (SEP) technology. SEP harnesses sunlight to generate electric power, propelling spacecraft for prolonged space voyages. This paves the way for India’s ambition to explore the farther reaches of our solar system.

Entertainment News

19. “AndhaDhun” Returns with Sequel: Ayushmann and Tabu Reunite for Thrilling Ride

  • The hit 2018 noir thriller, “AndhaDhun,” is making a comeback. Director Sriram Raghavan has announced the sequel with lead actors Ayushmann Khurrana and Tabu reprising their roles. Fans are eager for this muchanticipated followup, slated for a summer 2024 release.

20. Rajkumar Rao and Kiara Advani Pair Up for “Heartstrings” Directed by Karan Johar

  • Bollywood’s eminent director, Karan Johar, reveals his latest project “Heartstrings,” featuring the vibrant duo of Rajkumar Rao and Kiara Advani. Promising a roller coaster of emotions, the film dives into modern relationships and is set for a Diwali 2024 premiere.
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