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Daily Current Affairs 27th June, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 27th June, 2024. It includes all Major National, International, Business and Sports related current affairs of 27th June, 2024. 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 27th June, 2024 Current affairs test.

National News

Complete Functional Literacy Achieved in Ladakh with ULLAS

  • The Union Territory of Ladakh has reached complete functional literacy, with a literacy rate exceeding 97%, as announced by the Union Ministry of Education.
  • This achievement is part of the ULLAS-Nav Bharat Saaksharta Karyakram.
  • The announcement was made by Lieutenant Governor Dr. B.D Mishra on June 25, 2024, during an event at Sindhu Sanskritik Kendra in Leh.

International News

Paraguay Becomes 100th Member of International Solar Alliance

  • The International Solar Alliance has welcomed Paraguay as its 100th member, enhancing global cooperation in solar energy.
  • This event took place when H.E. Mr. Fleming Raul Duarte, Paraguay’s Ambassador, presented the Instrument of Ratification to Shri Abhishek Singh, Joint Secretary (ED & MER) and Head of Depository in New Delhi.

State News

Madhya Pradesh Government’s New Tax Policy for Ministers

  • The cabinet of Madhya Pradesh, led by Chief Minister Mohan Yadav, has decided that state ministers will pay income tax on their salaries and allowances themselves.
  • This decision, made on June 25, 2024, reverses a 1972 rule where the state paid these taxes.
  • The cabinet meeting in Bhopal unanimously approved this change.

Appointments News

First Female Vice President of India Bullion Jewellers Association

  • Mrs. Aksha Mohit Kamboj has been named Vice President of the India Bullion Jewellers Association, starting June 22, 2024.
  • She is the first woman to hold this position in the sector, with her background as Executive Chairperson of Aspect Global Ventures Pvt Ltd and co-owner of the Tiigers of Kolkata cricket team.

Mark Rutte to Lead NATO as Secretary General

  • NATO has appointed Mark Rutte, the outgoing Dutch Prime Minister, as the next Secretary General, signifying a key development for the alliance amidst global security challenges.

Banking News

ICICI Bank’s Market Cap Reaches $100 Billion

  • On June 25, 2024, ICICI Bank’s market capitalisation surpassed $100 billion, making it the sixth Indian company to achieve this status.
  • It joins others like Reliance Industries, Tata Consultancy Services, HDFC Bank, and Bharti Airtel.

Economy News

India’s GDP Growth Forecast for FY25 at 7.5%

  • According to the National Council of Applied Economic Research, India’s GDP growth for the fiscal year 2024-25 is expected to be around 7.5%.
  • This forecast is supported by resilient high-frequency indicators and the overall economic dynamism.

Business News

Mini RATNA Status for Central Electronics Limited

  • During its Golden Jubilee, Central Electronics Limited was awarded Mini RATNA status (Category-1) by Union Minister Dr. Jitendra Singh.
  • This status reflects CEL’s transition to a profitable entity from a previously loss-making one, achieving a net profit of Rs 58 crore and paying dividends for three years in a row.

Awards News

GRSE Receives Sustainable Governance Champion Award

  • Garden Reach Shipbuilders & Engineers Ltd. has been recognized with the “Sustainable Governance Champion Award” at the Outlook Planet Sustainability Summit & Awards 2024, acknowledging its commitment to sustainable governance practices.

Defence News

India’s Defence Exports to the US Surpass 50%

  • India’s defence exports to the United States now constitute over 50% of its total defence exports, totaling more than $2.8 billion in the past five years, according to Ranjana Khanna, Director General and CEO of the American Chamber of Commerce in India.

DRDO Delivers New Defence Technology to Indian Navy

  • The Defence Research and Development Organisation has provided the Indian Navy with the Medium Range-Microwave Obscurant Chaff Rocket, which is capable of creating a protective microwave cloud against radio frequency threats.

Sports News

David Warner Retires from International Cricket

  • Australian cricketer David Warner has retired from international cricket, marking the end of a 15-year career.
  • His retirement was announced following Australia’s exit from the T20 World Cup during the Super Eight phase.

Important Days

Observance of MSME Day 2024

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  • June 27 marks the celebration of Micro-, Small and Medium-sized Enterprises Day.
  • The 2024 theme emphasizes the role of MSMEs in sustainable development and poverty eradication amid multiple crises, aiming to boost progress toward the United Nations Sustainable Development Goals.
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