Top Best Current Affairs 25 June 2020 (2)

Navigation is an essential feature in the era of smart devices and IoT ( Internet of Things), which we use in various personal and commercial applications. Navigation technology enables the nation to manage its territory, protect its borders and manage disaster response. Keeping these requirements in mind, researchers at IIT (Indian Institute of Technology) Bombay led by Rajesh Zele from the Department of Electrical Engineering have created a chip named 'Dhruva' that can be mounted in smartphones and navigation devices to find places and routes within the country.

The Union government has allocated Rs 412.19 Crore for the effective implementation of JJM in Telangana for FY 2020-21. The funding has been increased in comparison in FY19-20 when it was Rs 259.14 Cr. Thus, with an opening balance of Rs 30.89 Crore along with this year's allocation, Telangana has assured availability of Rs 443.29 Crore under JJM as Central funds.

Former Indian Air Rifle Shooter Pournima Zanane, an International Shooting Sport Federation(ISSF)-licensed coach who suffered from cancer for the past 2 years passed away at the age of 42 in Pune, Maharashtra. She was born in Nanded, Maharashtra.

India has retained and consolidated its position as the third-largest economy after China and the US in terms of purchasing power parity (PPP) for 2017.

China has successfully launched the last Satellite of its BeiDou Navigation Satellite System (BDS), which is a rival for the Global Positioning System (GPS) of the US, to become a major space power. The satellite was launched from the Xichang Satellite Launch center in Sichuan Province. BDS is one of the four global navigation networks among the US's GPS, Russia's GLONASS and European Union's Galileo. A Long March 3B rocket launched the final BDS into orbit from the satellite launch center.

India asks Pakistan to reduce High Commission staff by 50% within a week.

The Union Minister of Food Processing Industries (FPI) Harsimrat Kaur Badal has launched the Food Processing Edition of the Exclusive Investment Forum (Webinar) hosted by Invest India. The Forum, aims to conduct detailed interaction between leading global companies in the food processing sector and policy makers of the central and 6 State Governments (Andhra Pradesh, Assam, Madhya Pradesh, Punjab, Telangana, Uttar Pradesh).

Karnataka Bank launched a new product 'KBL Micro Mitra' for Micro, Small and Medium Enterprises(MSMEs). This product will provide financial assistance up to Rs 10 lakhs to the Micro manufacturing and service enterprises for working capital or for investment purposes.