Latest Current Affairs Daily Update

11th June 2020 Current Affairs Headlines

National Headlines

World Bank lends Rs 1950 crore loans to West Bengal

The Government of West Bengal has taken a loan value of Rs 1950 crore from the World Bank to fight COVID-19 situation and developmental work in the state. The Government will contribute Rs. 850 crore on various Social-Welfare schemes while the remaining Rs 1,100 crore will be used to create Industrial infrastructures.

Useful Notes for all competitive exams:

  • Chief Minister of West Bengal: Mamata Banerjee; Governor: Jagdeep Dhankhar.
  • President of World Bank: David Malpass.

International Headlines

Myanmar military “Tatmadaw” returns to Facebook

Myanmar military “Tatmadaw” has elected to use Facebook again to provide ‘accurate’ news to people. On August 2018, Facebook restricted 18 records and a few pages related with the Tatmadaw and its senior officials over allegations of spreading loathe discourse. Facebook evacuated the records hours after a United Nations truth discovering crucial a report that blamed the Tatmadaw for slaughter and atrocities in northern Rakhine State in 2017.

Useful Notes for all competitive exams:

  • Capital of Myanmar: Naypyitaw.
  • The currency of Myanmar: Burmese kyat.
  • President of Myanmar: Win Myint.

Business and Economy

Jio Platforms raises Rs 5683.50 crore from ADIA

Jio Platforms has received financing of Rs 5683.50 crore from a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). It has bought 1.16% stake in Jio Platforms with its investment of Rs 5683.50 crore and valued the Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

S&P Ratings projects Indian economy to shrink 5% in FY21

S&P Global Ratings has published its statement on emerging markets called “Financial Conditions Reflect Optimism, Lockdown Fatigue Emerges” and projected Indian economy to shrivel by 5% in the fiscal year 2020-21. It also projects India’s growth to rebound to 8.5% in the fiscal year 2021-22.


Agreements & MoUs

India signs MOU on “Energy Cooperation” with Denmark

India has signed a MoUs on “Energy Cooperation” with Denmark to generate a concentrated, long-term co-operation between two nations in the power sector. The MoU was signed between the Ministry of Power, Government of the Republic of India and the Ministry for Energy, Utilities and Climate, Government of the Kingdom of Denmark.

Useful Notes for all competitive exams:

  • Prime Minister of Denmark: Mette Frederiksen.
  • Capital of Denmark: Copenhagen; Currency: Danish krone.

Appointments

Anil Valluri appointed as senior director for Google Cloud India

Anil Valluri has been appointed as the Senior Director for Google Cloud in India.

Lawyer Javed Iqbal Wani appointed as J&K High Court Judge

President Ram Nath Kovind has selected senior Kashmiri lawyer Javed Iqbal Wani as a Judge of the Jammu and Kashmir High Court. His appointment was confirmed on January 22 by the Supreme Court Collegium headed by Chief Justice of India S A Bobde. This is for the first time after 2013 that a Kashmiri has been promoted as a judge of the High Court from Bar quota.

Useful Notes for all competitive exams:

  • Lieutenant Governor of Jammu: Girish Chandra Murmu.

Awards & Rewards

Renjith Kumar honoured with “NASA Distinguished Public Service Medal”

Renjith Kumar from Kerala has been honoured with “NASA Distinguished Service Medal” for his administration to NASA through executive leadership, engineering contribution, technical excellence and consumer loyalty. He worked in relationship with NASA for over 30 years and contributed to updating the International Space Stations(ISS).

Useful Notes for all competitive exams:

  • The administrator of the National Aeronautics and Space Administration (NASA): Jim Bridenstine.
  • Headquarters of NASA: Washington D.C., United States.

Sports News

Gomathi Marimuthu gets four-year doping ban from AIU

Athletics Integrity Unit (AIU) has banned Gomathi Marimuthu for 4-years after she tested positive for banned substances. Her ban will start from 17th May 2019 and end on 16th May 2023. All of Gomathi’s competition results between March 18 and May 17, 2019, stand invalid.

Useful Notes for all competitive exams:

  • Athletics Integrity Unit president: Brett Clothier.
  • Athletics Integrity Unit Headquarters: Monaco.
  • Athletics Federation of India President: Adille J. Sumariwalla.
  • Athletics Federation of India Headquarters: New Delhi.

Miscellaneous

DIAT develops ‘Ananya’ to fight against COVID-19

Defence Institute of Advanced Technology (DIAT) has developed “ANANYA” water-based disinfectant spray with nanotechnology assisted formulation that can be used by anyone, from a common man to a healthcare worker, for the individual as well as on large scale. It can be used on masks, PPEs, hospital linens, as well as other likely contaminated surfaces such as medical instruments, elevator buttons, doorknobs, corridors and rooms.

Useful Notes for all competitive exams:

  • Vice-Chancellor of DIAT: CP Ramnarayanan.
  • Headquarters of DIAT: Pune, Maharashtra.

Watch Video Current Affairs show of 11th June 2020


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