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1. Tatas start manufacturing iphone from Bangalore : Apple iPhone will be made in India by Tata group as is seeks to acquire Narasapura factory of Taiwanese gaint Wistron .The Taiwanese company wants to fully exit Apple operations .
2. Save Godavari : Umasri Pujyam, a NRI girl from USA is leading a campaign to address environmental issues polluting Godavari river . She has organized hundred River clean up days on Godavari by bringing volunteers from local community .
3. Who is Pita Limjaroenrat: He is the leader of Move Forward party in Thailand. He may become next Prime Minister of Thailand in the election as voters rejected Army – backed rule by giving more seats to Move Forward party.
Future Forward party was founded by Thanathorn Juangroongruangkit , a billionaire and critic of Army. Mr Pita has done bachelor’s degree in finance in Bankok and a Master’s from Harvard University in Public policy . He has also done MBA from Massachusetts Institute of technology .
4.RBI may consider dividend payout : Reserve Bank of India board may meet on Friday and it is expected to consider dividend payout to the Government . In 2022 RBI has transferred rupees 307 crore to the center . RBI has made substantial profits in Foreign currency trading and by lending to local banking system . Budget Estimated receipt of rupees 48000 crore by way of dividends from public sector banks and RBI in FY 24 .
5. Expected change to forest Law : India’s exploration of hydro carbon could be boosted by amending forest conservation Law . Forest (conservation ) Amendment Bill envisages seismic surveys would not be treated as a non forest activity and explorers would be given access to forests. The proposed Amendment bill was introduced in Lok Sabha in March . Seismic surveys is the first step for exploration to gather proof of producible hydro carbon resources . In the category – II ,basins like saurashtra , Kutch ,Vindhyan and Mahanadi about 0.1 million square kilometers of forest are restricted areas .Category -II are expected to have hydrocarbon resources but not exploited commercially . By this Amendment around 230 million metric tonnes of oil equivalent of hydrocarbon resourcescan be targeted.