International News
Indo-French Liver and Metabolic Disease
Network Launched
- This collaborative initiative aims to prevent and cure metabolic liver diseases by fostering joint research and development between India and France.
- Its ultimate goal is to create a fertile ecosystem for collaborative efforts in translational sciences, benefiting individuals affected by these conditions.
2nd BIMSTEC Foreign Ministers’ Retreat to start on July 11 in New Delhi
- Hosted by: External Affairs Minister Dr. S. Jaishankar
- Focus: Broadening and deepening cooperation among BIMSTEC member nations in areas like security, connectivity, trade, investment, and people-to-people contacts
- Outcome: An informal platform for foreign ministers to discuss and strategize on strengthening BIMSTEC cooperation.
National News
FCI procures 266 LMT Wheat during RMS 2024-25
- This achievement ensures the nation’s food grain sufficiency and benefits more than 22 lakh Indian farmers who participated in wheat sales during this season.
- Additionally, approximately Rs. 61 lakh crore have been directly credited to the bank accounts of these farmers under the Minimum Support Price (MSP) program.
- The substantial wheat procurement helps maintain a steady flow of food grains into the Public Distribution System (PDS), contributing to food security for all.
NITI Aayog is launching ‘Sampoornata Abhiyan”
- This comprehensive three-month campaign, running from July 4th to September 30th, 2024, focuses on themes such as Health, Nutrition, Agriculture, Social Development, and Education.
- It aims to promote holistic development by addressing critical areas like healthcare, education, infrastructure, and sustainable livelihoods.
- The enthusiastic participation of district and block-level officials, frontline workers, community leaders, students, and local representatives underscores the commitment to fulfilling the campaign’s goals and accelerating progress in these key indicators.
Banking
RBI and ASEAN to Launch Instant Cross-Border Retail Payments Platform
- This collaborative initiative, known as Project Nexus, aims to interlink the Fast Payment Systems (FPS) of India and four ASEAN nations: Malaysia, the Philippines, Singapore, and Thailand.
- By doing so, it will revolutionize cross-border transactions, making them more efficient, faster, and cost-effective.
HDFC Life Launched ‘Bridge the Gap’ Campaign to Enhance Life Insurance Awareness
- To address this, the campaign aims to clarify the benefits of life insurance and inform the public about its significance.
- Through strategic partnerships and innovative outreach efforts, HDFC Life seeks to educate consumers on the critical role of life insurance.
- The initiative includes a combination of on-ground activities and digital initiatives, including informative chat shows in collaboration with ET NOW.
- These shows cover various aspects of financial planning with life insurance, such as protection, child plans, and retirement options.