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Daily Current Affairs 29th July 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 29th July 2023. It includes all Major National, International, Business and Sports related current affairs of 29th 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 29th July 2023 Current affairs test.


Defence Highlights

1. Pixxel’s Partnership with iDEX for the Indian Air Force

  • Pixxel, a renowned spacetech startup supported by stakeholders like Google, Blume Ventures, and Omnivore VC, has secured a significant grant from iDEX (Innovations For Defence Excellence) established by the Ministry of Defence.
  • Through this collaboration, Pixxel aspires to design adaptable small satellites for the Indian Air Force, resonating with India’s broad space and defence objectives.
  • This funding initiative is a segment of the wider iDEX Prime (Space) program under the Mission DefSpace Challenge.

Economic Updates

2. India’s Economic Trajectory Predicted by Standard Chartered

  • A study by Standard Chartered’s Indian division presents an optimistic trajectory for India’s economy, forecasting it to attain $6 trillion by 2030.
  • This progression is credited to elements such as the rise in per capita income and active structural growth catalysts.
  • With a stable economic environment, India’s global economic reputation is poised to enhance, placing it third worldwide by the decade’s end, trailing only the U.S. and China.

Banking Insights

3. “Star Series” Banknotes Validity Confirmed by RBI

  • The recent surge in discussions around a Star (*) symbol on banknotes on various social platforms prompted a response from the Reserve Bank of India (RBI).
  • RBI clarified that these “Star Series” banknotes are legitimate, with the Star symbol signifying replacement notes for any erroneous prints within a sequentially numbered 100-note bundle.

Significant Days

4. Recognizing the Importance of Friendship on July 30th

  • Annually, July 30th celebrates the International Day of Friendship, a tradition established in 2011.
  • This day accentuates the value of friendships in fostering peace and advocating unity among diverse communities. The UN General Assembly founded this day in 2011, emphasizing the pivotal role of friendships.

5. Highlighting Global Issues of Trafficking on July 30th

  • Simultaneously observed on July 30th, the World Day against Trafficking in Persons sheds light on the pressing global issue of human trafficking and modern-day enslavement.
  • Instituted by the United Nations, the day is a call to amplify awareness and preventive measures. This year’s theme, “Reach every victim of trafficking, leave no one behind,” encourages worldwide bodies to intensify prevention, victim identification, and efforts to end impunity.

Sports Bulletin

6. Madhya Pradesh’s Foray into Online Gaming with MP State Esports Academy

  • Madhya Pradesh is set to unveil its revolutionary online gaming center, “MP State Esports Academy.”
  • The facility’s mission is to nurture emerging gamers and esports enthusiasts. It reserves 80% of its capacity for Madhya Pradesh-based gamers, leaving the rest open to players across India. Gamers nationally can compete in a tournament to secure a place in the academy.

Tech & Science Feed

7. SpaceX Launches the Pioneering ‘Jupiter 3’ Satellite

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  • Under Elon Musk’s guidance, SpaceX successfully launched the globally largest commercial communications satellite, named ‘Jupiter 3’, from Kennedy Space Center, Florida.
  • Being an avant-garde Ultra High Density Satellite (UHDS), its primary function is to facilitate expansive connectivity throughout the Americas. The satellite serves various purposes, ranging from in-flight internet to maritime connections and MNO network backhauls to Community WiFi across both continents.

Miscellaneous Report

8. Inauguration of the Annual Machail Mata Yatra in Jammu and Kashmir

  • The yearly Machail Mata Yatra started, attracting devotees to the elevated temple situated in Kishtwar, Jammu and Kashmir.
  • This event is marked by a grand fair outside the Chandi Mata temple in Machail during the inaugural Bhadon or Bhadoon Sankranti when the temple doors are opened. Machail Mata Mandir in the Machail Village, Paddar, Kishtwar venerates Goddess Durga.
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