Top Current Affairs Of The Day: 24 June 2022

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by V Gomala Devi | Updated Jun 24, 2022

Top Current Affairs Of The Day: 24 June 2022
Source: Twitter

Jammu And Kashmir Will Host G-20 Meetings In 2023

In 2023, Jammu and Kashmir will host the meetings of the G20, an influential group of the world's major economies.

Highlights:

  • In 2023, Jammu and Kashmir will host the meetings of the G20, an influential group of the world's major economies. 

  • The J&K government has set up a 5-member high-level committee for coordination of G20 meetings to take place in the Union Territory. 

  • Piyush Goyal, the Commerce and Industry Minister, was appointed as India's Sherpa for the G20 in September 2021. 

  • India would hold the G-20 presidency from December 1, 2022, and convene the 1st G20 leaders' summit in 2023, according to the Ministry of External Affairs.

  • India's representation at G20 summits has been led by PM Modi since 2014. The G20 countries include Australia, Argentina, Brazil, Germany, France, Canada, China, India, Indonesia, Mexico, Russia, Italy, Japan, Saudi Arabia, Turkey, South Africa, South Korea, the United States, and the United Kingdom.

Vivatech 2020 Recognized India As The "Country Of The Year"

"Vivatech 2020, "Europe's biggest startup conference, recognized India as the country of the year.

Highlights:

  • "Vivatech 2020, "Europe's biggest startup conference, recognized India as the country of the year. 

  • It is a huge honor for India to be named "country of the year" in Vivatech 2020. It is because of the contribution of Indian startups to the world. This is the Indian startups' recognition.

  • Ashwini Vaishnaw, the Minister of Railways, Communications, Electronics, and Information Technology, inaugurated the India pavilion at the technology exhibition Vivatech 2020, which took place in Paris, France. 

  • Around 65 startups from India are taking part in Vivatech 2022 with government support.

OCI Dedicated Region For The Indian Market Was Introduced By Oracle

Oracle Cloud Infrastructure (OCI), Oracle's cloud services platform, introduced the "OCI dedicated region" for the Indian market.

Highlights:

  • Oracle Cloud Infrastructure (OCI), Oracle's cloud services platform, introduced the "OCI dedicated region" for the Indian market. 

  • It enables customers to leverage public cloud services on their premises when meeting strict latency, data sovereignty, and data residency requirements.

  • According to the company, the OCI dedicated region needs 60-75% less data center space and power on average, with a particularly lower entry price of about $1 million a year for a typical customer.

  • The new offering will permit Oracle to deliver over 100 OCI public cloud services to customers within their premises, which were before available only to public cloud consumers. 

  • It will help boost the adoption of the public cloud in the public sector, banking, and other sectors that were restricted from doing so due to regulatory and other requirements.

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