Current Affairs - August 2, 2023 Current Affairs

Karnataka leads in having the highest percentage of billionaire MLAs. The ADR analysis states that 14% of MLAs in Karnataka are billionaires.

The total gross GST revenue collected in July 2023 is Rs 1,65,105 crore. The continuous increase in GST collections indicates a rise in domestic economic activities, as evidenced by the significant YoY increase in domestic transactions, including the import of services.

Chetna Maroo's debut novel 'Western Lane' has been longlisted for the 2023 Booker Prize. Chetna Maroo's novel 'Western Lane' is set within the context of the British Gujarati milieu.

World Wide Web Day is celebrated on August 1 every year to commemorate the World Wide Web and its impact on the world. The World Wide Web, also known as 'the Web,' was created by Sir Tim Berners-Lee in 1989 while he was working at CERN (the European Organisation for Nuclear Research).

Foxconn has pledged to invest ₹1,600 crore in establishing a manufacturing facility in Tamil Nadu. Foxconn's Chairman signed a tripartite MoU with IIT-Madras to enhance research and development capabilities, fostering the development of a skilled talent pool in Tamil Nadu.

Puneet Chandok has been appointed as the new Corporate Vice President of Microsoft India and South Asia. Puneet Chandok aims to focus on key industries through a customer-centric approach, with generative AI as a core technology for Microsoft's operations in India and South Asia.

Maulana Abul Kalam Azad served as the first Education Minister of India after Independence and was a significant advocate for education. His birthday (11th November) is celebrated as ‘National Education Day’.

The Brahmaputra River originates from the Kailash Ranges of the Himalayas and enters India through Arunachal Pradesh. The Ganga River is the longest in India and originates from the Gangotri Glacier.

The policy will remain valid for a period of 10 years from the government's notification date. The policy aims to develop water-based tourism and adventure sports facilities in Uttar Pradesh.

The purpose of the bond issuance is to enhance long-term resources for funding infrastructure and affordable housing projects, aligning with SBI's commitment to supporting development initiatives in India.

Former Uruguay defender Diego Godin retired from professional soccer, ending a 20-year career at age 37. Diego Godin spent much of his club career at Atlético Madrid from 2010 to 2019.

India and Malaysia can now trade using the Indian Rupee (INR) as a mode of settlement, alongside other currencies. Trading in local currencies can help reduce transaction costs and currency risk for businesses, encouraging greater trade and investment between India and Malaysia.

The award is presented each year on the 1st of August, coinciding with Lokmanya Tilak's death anniversary. The Prime Minister of India, Shri Narendra Modi, was honoured with the Lokmanya Tilak National Award in Pune.

The Australia cricket team retained the Ashes in 2023, marking their 4th consecutive win in the series. They have won 34 Ashes series so far.

Senior officers with flag ranks (Brigadier and above) in the Indian Army will no longer wear lanyards, which are braid patterns worn on the shoulders of uniforms to denote qualification or regimental affiliation. The adoption of a common uniform for Brigadier and above ranks in the Indian Army aims to reinforce a common identity and unity among senior officers.

A new record of over 6.77 crore ITRs were filed for AY 2023-24 till 31st July 2023, showing a 16.1% Year-on-Year growth. By 31st July 2023, over 61% of the e-verified ITRs for AY 2023-24 were processed, ensuring timely processing and issuance of refunds.

India's manufacturing PMI for July 2023 was 57.7, which is a three-month low, indicating a slight dip in growth momentum but still reflecting expansion in the sector.

The Indian men's football team is placed in Group A alongside China, and China is the highest-ranked team in that group.

Ajay Bhatt, Minister of State (MoS), Ministry of Defence (MoD), released the book "Kargil: Ek Yatri Ki Jubani" authored by Rishi Raj.

The Udaipur Koftgari Metal Craft from Rajasthan produces ornamented weapons with intricate designs, gold, and silver wires.