IPCI Info

4 June

International News Affairs

  • Today (4th June) is International Day of Innocent Children Victims of Aggression.
    • This day affirms the UN’s commitment to protect the rights of children.
  • Prime Minister Narendra Modi kick-started the final leg of his six-dayfour-nationEuropean trip with a visit to France.
    • He held bilateral talks with  newly – elected French President Emmanuel Macron.
    • The two world leaders discussed a wide range of issues including counter-terrorism, trade as well as the Paris climate agreement of 2015.
    • India and France decide to cooperate in fight against terrorism and climate change.
    • Modi invited Macron to visit India.
    • Macron to visit India towards the end of this year for a meeting of the International Solar Alliance.
  • Nepal Parliament is going to elect a new Prime Minister today.
    • Nepali Congress President Sher Bahadur Deuba likely to be elected.

National News Affairs

  • Army Chief General Bipin Rawat today announced that women will soon be inducted in combat roles in the Army, the process for which has started.
    • Currently, women are only allowed in medical, legal, educational, signals and engineering wings of the Army.
    • Note : Most countries do not allow women in combat roles, with USA, UK and Germany being among the few who do.

Banking, Business & Economic Affairs

  • Tax rates on various commodities under GST
    • The GST Council today cleared the pending rules, including transition provisions and returns, with all the states agreeing to roll out GST from July 1.
    • The Council has fitted over 1,200 goods and 500 services in four tax brackets.
    • The Council announced that Gold, silver, and processed diamonds will be taxed at 3% under GST.
    • The tax slab for footwear below ₹500 has been fixed at 5%, while more expensive footwear will be taxed at 18%.
    • Readymade garments will be taxed at 12%, while apparel costing below ₹1,000 will attract a tax of 5%.
    • The Council has fixed the tax rate for biscuits at 18%.
    • Yarn and fabric cotton will be under the 5% tax slab.
    • Beedis will be put in the highest tax bracket at 28% without cess.

Science & Technology

  • Elon Musk-led aerospace startup SpaceX successfully launched a used Dragon spacecraft for the first time in the company’s eleventh cargo resupply mission to the International Space Station (ISS).
    • The mission marked the 100th launch from NASA’s Kennedy Space Center, which was also used for the first moon landing missions.
    • Dragon is carrying instruments for first-ever neutron stars’ study by NASA.
  • India test-fired its indigenously developed Quick Reaction Surface-to-Air Missile (QR-SAM)for the first time from Chandipur, Odisha today.
    • The QR-SAM, developed jointly by DRDO and Bharat Electronics Ltd. for the Indian Army, is an all-weather, truck-mounted missile system with a range of 30 kilometres.
    • It is intended to replace the Army and Navy’s ageing quick reaction air defence systems.
  • The first ever developmental flight of the launch vehicle GSLV Mark III D-1 (GSLV Mk III D-1) will be held tomorrow by the Indian Space Research Organisation, ISRO, and the 25-and-a-half hour countdown for the epoch making launch will begin at 3.58 pm today at the Satish Dhawan Space Centre, Sriharikotta.
    • The most powerful ever rocket developed by the ISRO, will lift off the communication satellite GSAT-19 to a Geo-synchronous Transfer Orbit GTO in space, after its ignition at 5.28 hours on Monday.

Current Sports Affairs

  • Indian shuttler Sai Praneeth won the Men’s singles title at the Thailand Open, defeating Indonesia’s Jonatan Christie  in the final today.
    • This is the first Grand Prix Gold win and second title in a row for Praneeth, who had won the Singapore Open earlier this year.
  • Real Madrid became the first team to win back-to-back UEFA Champions League titles, defeating Juventus 4-1 at the Principality Stadium in Cardiff today.

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