Daily GK Update - 5th August 2023 Current Affairs

                                                 Current Affairs

                                                 National Affairs

President Draupadi Murmu has inaugurated the Unmesha and Utkarsha Festival in Madhya Pradesh.

• Unmesha, The Literature Festival, and Utkarsha, The National Festival of Folk and Tribal Performance were inaugurated in Bhopal, Madhya Pradesh by President Draupadi Murmu.

Artists Performing During The National Festival of Folk

Cabinet Secretary Rajiv Gauba has been given an extension of one year.

• Central government relaxed key rules to give a one-year extension to Cabinet Secretary Rajiv Gauba.

Indian Air Force has received a Spike Missile Non-Line of Sight Missile ATGM.

• The Indian Air Force has received an Anti-Tank Guided Missile from Israel.
• This Anti Tank Missile is a Non-Line Sight Missile.
• This is an air-launched missile that is fired by Mi-17 Helicopter.

The Indian Armed Forces have received the Helina Missile.

• Helina is a Helicopter Launched Air launched missile which has been developed by DRDO (Defence Research Development Organisation).

                                          International News

India and Peru are negotiating for the FTA Talk.

• India and Peru have decided to re-start negotiations for the Free Trade Agreement Deal.
• Currently, Indian exports to Latin American countries are just 2% of their imports, so India has enough scope to export to these countries.

                                                          Economy

Axis Bank Partners with Kiwi to Bolster ‘Credit on UPI’ on RuPay Credit Cards.

• Axis Bank has collaborated with Kiwi, a fintech company, to offer lifetime free Axis Bank KWIK virtual credit cards to Kiwi app users.

Walmart has topped Fortune 500, Global List.

• Walmart has topped the Fortune 500 Global List in the 10th consecutive year.
• Fortune 500 is the list of top 500 Brands in the world.
• Saudi Aramco and National Grid were in the second and the 3rd position respectively.

                                                            Sports

Alex Hales from England announces retirement from International Cricket.

• Alex Hales has announced his retirement from international cricket with immediate effect, at the age of 34.

Indian Archers win the World Archery Championship.

• Jyothi Surekha, Aditi Swami, and Parneet Kaur have made history by helping India win the World Archery Championship.

• With this win, Indian Archery Team won Gold Medal in World Archery Championship.