Top Current Affairs – June 11, 2020

News Today section provides top news of Today June 11, 2020.

India

MoHUA calls for holistic planning for pedestrian-friendly market spaces in cities

The Ministry of Housing & Urban Affairs (MoHUA) has recommended holistic planning for pedestrian friendly market spaces in various cities and municipal areas in the country in consultation with stake holders. The advisory issued by MoHUA to all states/cities/municipal corporations has also suggested the million plus cities to select at least three market places for pedestrianisation & non-million plus cities to select at least one market area for pedestrianisation in market places.

Home Ministry reconstitutes committee to look into the welfare of freedom fighters

The Ministry of Home Affairs (MHA) has reconstituted a committee to look into the welfare of freedom fighters, with the minister of state for home affairs G Kishan Reddy as the chairman and nine “eminent freedom fighters” from across the country as its members. The ministry disburses pension to about 30,000 freedom fighters and their families.

PSU GRSE delivers FPV ICGS Kanaklata Barua to the Indian Coast Guard

PSU warship builder Garden Reach Shipbuilders and Engineers Ltd (GRSE) on June 9, 2020 delivered ICGS Kanaklata Barua, the fifth and final ship in the series of Fast Patrol Vessels (FPV) for the Indian Coast Guard in Kolkata.

MP govt. launches Rozgar Setu portal to find employment for migrant workers

In an effort aimed at providing employment to migrant workers, Madhya Pradesh on June 10, 2020 launched the Rozgar Setu portal that will provide employment to labourers as per their skills and efficiency. All the migrant workers and their families who have reached back their home state have been registered on the portal besides employers who are seeking workers as they re-start economic activities.

3 from India in top-200 of QS (Quacquarelli Symonds) World University Rankings

In the QS (Quacquarelli Symonds) World University Rankings, 3 from India — Indian Institute of Technology (IIT) Bombay (172nd), Indian Institute of Science (IISc) Bangalore (185th) and IIT Delhi (193rd) have featured in the top 200.

DMK MLA J. Anbazhagan dies at the age of 62

DMK legislator J Anbazhagan who had tested positive for coronavirus and was on ventilator support died of Covid-19 in Chennai on June 10, 2020 at the age of 62.

Economy

Finance Ministry proposes to decriminalise minor offences under 19 legislations

The Finance Ministry has proposed to decriminalise a host of minor offences, including those relating to cheque bounce and repayment of loans, in as many as 19 legislations to help businesses tide over the crisis caused by the coronavirus outbreak. The 19 legislations include Negotiable Instruments Act (cheque bounce), SARFAESI Act (repayment of bank loans), LIC Act, PFRDA Act, RBI Act, NHB Act, Banking Regulation Act and Chit Funds Act. The Ministry has invited comments of stakeholders by June 23 on 19 legislations.

S&P retains India’s sovereign rating at ‘BBB-‘; keeps outlook stable

S&P on June 10, 2020 retained India’s sovereign rating at ‘BBB-‘ with a stable outlook, saying that while risks to growth are rising, the economy and fiscal position will stabilise and begin to recover from 2021 onwards. India’s long-term rating was affirmed at ‘BBB-‘ with a stable outlook while the short-term rating was held at ‘A-3’.

Indian economy to bounce back with growth of 9.5% in 2021-22: Fitch Ratings

After a contraction in the current financial year, India’s economy is forecast to bounce back with a sharp growth rate of 9.5 per cent next year provided it avoids further deterioration in financial sector health, Fitch Ratings said on June 10, 2020.

Vivek Gambhir resigns as MD & CEO of Godrej Consumer Products Ltd

Godrej Consumer Products Ltd. (GCPL) has announced changes to its leadership team, effective July 1, 2020, after its MD and CEO Vivek Gambhir resigned on personal reasons. Nisaba Godrej, currently the executive chairperson, will take up additional role of MD and CEO.

Cardiologist Naresh Trehan faces money laundering charge in Medanta land case

The Enforcement Directorate on June 10, 2020 registered a money laundering case against eminent cardiologist Naresh Trehan and 15 others, including companies and unknown Haryana government officials, for alleged irregularities in land allotment for Medanta Hospital at Gurugram.

ED brings back ₹1,350 crore worth consignment of Nirav Modi, Mehul Choksi firms

The Enforcement Directorate (ED) has brought back from Hong Kong 108 consignments of precious gems and jewellery, with a declared value of ₹1,350 crore, in connection with the Punjab National Bank (PNB) fraud case. The consignments belonged to various entities of Nirav Modi and his uncle Mehul Choksi, based in the United Arab Emirates and Hong Kong.

Arvind Ltd. launches anti-viral fabrics, garments under “Intellifabrix” brand

Arvind Ltd, the leading textile-to-retail conglomerate has entered into technical collaboration with Swiss textile innovator HeiQ Materials AG and Taiwanese speciality major Jintex Corporation to introduce Anti-Viral “Virolock” textile technology for the first time in India under its brand “Intellifabrix”.

Johnson Lifts launches mobile app EyeRIS to operate lifts without touching buttons

Johnson Lifts, a manufacturer of lifts and escalators, launched smartphone app EyeRIS to enable users to operate lifts without touching the buttons. The downloaded EyeRIS app connects the smartphone with the lift system using QR code technology.

World

World Accreditation Day celebrated on June 9

The World Accreditation Day was celebrated on June 9, 2020 with its theme as theme: “Accreditation: Improving Food Safety”. The day is celebrated annually on June 9 to highlight as well as promote the role of accreditation in trade & economy. The theme is decided by the International Accreditation Forum (IAF) and the International Laboratory Accreditation Cooperation (ILAC).

General Charles Brown appointed first African-American Chief of US Air Force

The U.S. Senate confirmed General Charles Brown on June 9, 2020 as the first African-American military service chief, voting unanimously to make him chief of staff of the Air Force. The vote was 98-0, as Vice President Mike Pence made an unusual appearance presiding over the Republican-led chamber.


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