2 July 2023 : Latest Current Affairs 2nd July
Important Current Affairs 2nd July 2023
In this article, we will discuss all the Current Affairs of 2nd July including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 2nd July 2023 current affairs then read this article till the end.
Current Affairs of 2nd July – National News
1. Ajit Pawar, leader of the Nationalist Congress Party (NCP), was sworn in as the deputy chief minister of Maharashtra after joining the Eknath Shinde-led administration.
◉ Ajit Pawar is the younger brother of Sharad Pawar’s older brother Anantrao.
◉ In 1982, he entered politics for the first time by winning a seat on the board of a sugar cooperative.
2. In terms of electronic exports, Tamil Nadu has reclaimed first place in India.
◉ Tamil Nadu has restored its status as India’s top exporter of electronic goods, which is a noteworthy accomplishment. The state currently holds a 23% market share in electronics thanks to its exports, which were valued at USD 5.37 billion in the fiscal year 2022–2023.
◉ Numerous factors, including Tata Electronics’ construction of sizable manufacturing facilities and the introduction of the Indian government’s production-linked incentives for electronic manufacturing, are responsible for this exceptional expansion.
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Banking
3. At the end of March 2023, India’s external debt would total $624.7 billion.
◉ According to information provided by the Reserve Bank, India’s external debt saw a modest increase, rising to USD 624.7 billion at the end of March 2023.
◉ The debt-to-GDP ratio has decreased throughout this time, though. Gains in value due to the US dollar’s strengthening versus other major currencies, such as the Indian rupee, the yen, the SDR, and the euro, totaled USD 20.6 billion.
4. June saw the fourth occurrence of a gross GST collection of 1.61 trillion rupees. more than $1.60 trillion
◉ According to the Ministry of Finance, India’s Goods and Services Tax (GST) collection for the month of June totaled 1.61 trillion.
◉ Comparing this figure to the GST money received in the same month last year, there is a sizable 12% rise.
◉ It is also noteworthy that this is the fourth time since the implementation of GST that the overall GST collection has reached the $1.60 trillion threshold.
5. At the end of March 2023, India’s external debt would total $624.7 billion.
◉ According to information provided by the Reserve Bank, India’s external debt saw a modest increase, rising to USD 624.7 billion at the end of March 2023.
◉ The debt-to-GDP ratio has decreased throughout this time, though. Gains in value due to the US dollar’s strengthening versus other major currencies, such as the Indian rupee, the yen, the SDR, and the euro, totaled USD 20.6 billion.
Appointment
6. India’s ambassador to the WTO will be Brajendra Navnit for nine months.
◉ Brajendra Navnit’s appointment as India’s ambassador and permanent representative to the World Trade Organisation (WTO) has been extended by nine months, according to the Indian government.
◉ This choice was made prior to the pivotal 13th WTO ministerial summit in 2024. The extension of Navnit’s tenure shows how committed India is to advancing its top trade ambitions.
7. Reappointed as India’s Solicitor General is Tushar Mehta
◉ The Appointments Committee of Cabinet (ACC) has reappointed Tushar Mehta as the current Solicitor General of India for a three-year term.
◉ Following the conclusion of their prior mandates on the Supreme Court, it was revealed that Mehta and six other legal professionals had been reappointed. The ACC’s decision demonstrates the government’s faith in its ability to manage the complicated legal issues the nation is currently dealing with.
Science
8. Chandrayaan-3: ISRO Completes Rocket Assembly, Waiting for Launch-Related Tests
◉ The Chandrayaan-3 rocket has been fully assembled by the Indian Space Research Organisation (ISRO), which is now getting ready for the last set of tests prior to the planned launch.
◉ The spacecraft’s native lander, propulsion, and rover modules are all fully integrated, and the payload faring is also finished. It is anticipated that the launch will occur between July 12 and July 19.
Sports
9. Austrian GP 2023 is won by Max Verstappen
◉ The current Formula One champion, Max Verstappen, upped his already outstanding performance by winning the Austrian Grand Prix in 2023 with ease.
◉ His quest for a third straight world championship was strengthened by this victory. Verstappen proved his domination by winning his fifth straight race after starting from pole position for the fourth straight race, giving him seven victories overall after nine races this season.
Important day
10. World Sports Journalist Day in 2023: Theme, Date, History, and Importance
◉ Every year on July 2, people all across the world commemorate World Sports Journalist Day. Sports are both a pastime and a prospective job route, and they are very important to people’s general development. Some people have a strong interest in both sports and journalism, which inspires them to become “Sports Journalists.”
◉ The holiday celebrates the successes of sports media workers and encourages them to work harder to educate the public about sports. To recognize sports writers on this particular day, many news organizations hold special activities.
11. International Plastic Bag Free Day in 2023: Theme, Date, History, and Significance
◉ Every year on July 3rd, people around the world commemorate International Plastic Bag Free Day to raise awareness of the harm that disposable plastic bags do to the environment.
◉ This day serves as a reminder for people, groups, and organizations all across the world to reduce their use of plastic bags and look into other environmentally friendly options.
◉ Around the world, individuals, environmental groups, and organizations engage in a variety of initiatives, workshops, and campaigns to inform the public about the negative effects of plastic bags and promote the use of reusable bag alternatives.
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