Meta, the parent company of Instagram, has unveiled Threads, a new social media platform aimed at leveraging the uncertainty surrounding Twitter under Elon Musk's ownership. Available in over 100 countries through app stores, Threads allows users to share brief text messages, links, photos, and videos. Integrated with Instagram, the platform prioritizes privacy features, allowing users to customize settings separately for each app. Despite Meta's past struggles with standalone app launches, Threads has attracted popular brands, celebrities, and social media influencers, indicating an early positive response to the platform's offerings.

The Startup20 Shikhar Summit, organized by the Startup20 Engagement Group under the India G20 Presidency, concluded triumphantly in Gurugram. This two-day summit served as a dynamic platform for fostering innovation, collaboration, knowledge sharing, and strategic alliances within the global startup ecosystem. The event's closing ceremony marked the official torch handover to Brazil, the next G20 presidency country, committing to continue the Startup20 initiative in 2024. The summit witnessed the release of a Policy Communiqué, outlining specific action points aimed at defining startups, establishing supportive institutions, facilitating access to capital, easing market regulations, and promoting inclusion of underrepresented communities. HRH Prince Fahad Bin Mansoor of Saudi Arabia endorsed the call to invest $1 trillion per annum into the startup ecosystem by 2030, recognizing the transformative power of startups in driving economic growth and innovation. The summit also featured showcases of outstanding national and international startups, highlighting the significance of global collaboration and cross-border synergies.

In a momentous ceremony held at St Giles' Cathedral in Edinburgh, King Charles III of the United Kingdom was presented with the Scottish Crown Jewels, symbolizing his authority in Scotland. This event, which took place two months after his official coronation, not only solidified his position but also paid tribute to the late Queen Elizabeth. The grand procession and national thanksgiving service showcased the enduring connection between the British monarchy and Scotland, while marking the transition to a new era under King Charles III.

The Central Government has initiated a new relief scheme under the 'Mission Vatsalya' program to address the abandonment of minor girls who become pregnant after being victims of rape. Launched in 2021 by the Ministry of Women and Child Development, Mission Vatsalya focuses on the protection and welfare of children. It aims to provide comprehensive support to these vulnerable girls by offering shelter, food, transportation for court hearings, and legal aid. The scheme also emphasizes access to education, healthcare facilities, psychological assistance, and police support. By establishing shelters and integrating multiple services, Mission Vatsalya aims to ensure that no child is left behind in the aftermath of such heinous crimes.

The Swarnima Scheme, introduced by the Ministry of Social Justice and Empowerment, aims to provide financial assistance to women entrepreneurs from backward classes. Implemented by the National Backward Classes Finance and Development Corporation (NBCFDC) and executed by State Channelising Agencies (SCAs), the scheme offers term loans of up to ₹2,00,000/- at a subsidized interest rate of 5% per annum. With the objective of empowering women and ensuring social and financial security, the Swarnima Scheme is a significant initiative that supports women's entrepreneurial endeavors.

The Startup20 Shikhar Summit, organized by the Startup20 Engagement Group under the India G20 Presidency, has commenced in Gurugram, marking a significant milestone for the global startup ecosystem. The two-day event serves as a platform to celebrate the successful completion of Startup20's inaugural year and unveils the final Policy Communiqué, laying the foundation for an advanced and transformative future for startup ecosystems worldwide. Dignitaries, including government officials and industry leaders, grace the inauguration ceremony, emphasizing the summit's role in fostering a thriving startup ecosystem and reinforcing India's global leadership in innovation and entrepreneurship.

State Bank of India (SBI), the largest bank in India and one of the largest in the world, celebrated its 68th Bank Day on July 1, 2023. The day was marked with various programs across the country, including a Circle Level Staff Cultural program and a gathering of dignitaries, customers, staff, and their families in Chandigarh. The Chief General Manager, Sh. Vinod Jaiswal, emphasized the importance of preserving SBI's rich banking heritage and its leading role in financial inclusion and banking services.

The Indira Gandhi National Disability Pension Scheme aims to improve the lives of individuals living below the poverty line who face significant challenges due to disabilities. It provides social benefits to eligible persons with disabilities, offering a monthly pension and additional financial support.

Neeraj Chopra, the renowned Javelin Throw athlete, has risen to prominence through his exceptional talent and unwavering dedication. Hailing from a farming family in Khandra village near Panipat, Haryana, Neeraj's journey to greatness began when he discovered his passion for Javelin at a young age. With the guidance of his first coach, Jaiveer, Neeraj honed his skills and embarked on a remarkable sporting career. From setting national records to clinching international titles, Neeraj's achievements have solidified his status as one of India's most celebrated athletes. With multiple accolades and the historic gold medal at the Tokyo Olympics 2021, Neeraj Chopra's journey is a testament to perseverance, determination, and the pursuit of excellence.

Guru Purnima, a revered Hindu festival, holds immense significance in the Hindu religion and is celebrated on the full moon day in the month of Ashadha (July to August). This year, Guru Purnima 2023 will be observed on July 3rd. While it symbolizes the Guru-Shishya relationship, this festival transcends religious boundaries and is celebrated with equal enthusiasm by Buddhists and Jains.

Witness the awe-inspiring Buck Supermoon, a remarkable celestial event that will grace the night sky in July 2023. This supermoon, also known as the Buck Moon, will captivate observers with its magnificence and unique characteristics.

Indian tennis player Yuki Bhambri, in partnership with South African player Lloyd Harris, achieved a remarkable breakthrough in his career by capturing his first-ever ATP World Tour title. The Indo-South African duo displayed exceptional skill and resilience in the thrilling final against Robine Hasse and Philipp Oswald, securing victory and marking a significant milestone for Bhambri, whose singles career has been plagued by injuries. Transitioning to doubles, Bhambri aims to prolong his tennis career and establish a prominent presence in the highly competitive world of doubles tennis.

The government has recently announced an upward revision in interest rates for select savings schemes during the July-September quarter. This decision aligns with the high-interest rates prevailing in the banking system and aims to provide investors with higher returns and encourage savings.

The Indian Air Force (IAF) is gearing up to host its first-ever multi-national air exercise, 'Tarang Shakti,' in October-November this year. With the participation of prominent nations such as the United States, United Kingdom, France, and Australia, the exercise aims to bolster military cooperation, foster strategic alliances, and demonstrate India's commitment to global engagement.

Visa, the world's largest payments processor, has made a significant move by acquiring Brazilian fintech platform Pismo for a staggering $1 billion in cash. This acquisition serves as a strategic step for Visa to expand its presence in Latin America, demonstrating its confidence in the region despite a slowdown in funding. With Pismo's robust cloud-based platform, which caters to over 70 million accounts and facilitates more than $200 billion in transactions annually, Visa aims to strengthen its offerings in the market and enable clients to issue Visa and Mastercard cards.

India's banking sector is a robust and dynamic landscape, and here are the top 10 biggest banks that are at the forefront of shaping the country's financial ecosystem. With their extensive reach, innovative services, and strong financial foundations, these banks play a pivotal role in driving economic growth and providing essential financial services to individuals and businesses across India.

The Government of India has authorized Public Sector Banks (PSBs) and eligible Private Sector Banks (Pvt. Banks) to implement and operationalize the Mahila Samman Savings Certificate 2023. This empowering initiative aims to promote financial inclusion among women and provide them with a secure savings avenue, empowering them to achieve their financial goals.

The Reserve Bank of India (RBI) has made significant decisions regarding Mahalaxmi Cooperative Bank, granting it a non-banking institution license while simultaneously canceling its banking permit. This move reflects the regulatory authority's efforts to restructure and strengthen the cooperative banking sector while ensuring the stability and security of financial institutions.

The Youth Colab National Innovation Dialogue 2022, organized by Adda247, brought together young minds from across the country to foster innovation and entrepreneurship. The event provided a platform for passionate individuals to collaborate, share ideas, and explore innovative solutions to address societal challenges.

The Yoga Mahotsav 2023 kick-started with great enthusiasm, marking the commencement of the 100-day countdown to the 9th International Yoga Day. This article highlights the significance of the event, emphasizing the promotion of yoga as a holistic practice for physical and mental well-being.

Union Bank has introduced four new deposit options specifically designed for women, retirees, and cooperative societies. These innovative financial products aim to cater to the unique needs and preferences of these segments, providing them with tailored banking solutions and attractive interest rates.

Karnataka's Anna Bhagya Scheme is a groundbreaking initiative that aims to provide food security to the underprivileged sections of society. Through subsidized distribution of essential commodities, this scheme ensures that no one in the state goes hungry and serves as a powerful tool in the fight against hunger and malnutrition.

Bhavani Devi, an Indian fencer, has etched her name in the annals of Indian sports history by becoming the first Indian to secure a medal at the prestigious Asian Fencing Championship. Her remarkable achievement brings great pride to the nation and serves as a testament to her dedication, skill, and relentless pursuit of excellence.

GE Aerospace, a leading aerospace company, has entered into a Memorandum of Understanding (MoU) with Hindustan Aeronautics Limited (HAL) to produce fighter jet engines for the Indian Air Force (IAF). This collaboration signifies a significant milestone in India-US defence ties and opens avenues for technological exchange, indigenization of defence production, and strengthening bilateral cooperation in the aerospace sector.

India has become a signatory of NASA's Artemis Accords, a set of guidelines for international cooperation in lunar exploration. This collaboration signifies India's commitment to space exploration and opens avenues for joint missions, technology sharing, and scientific cooperation in the pursuit of advancing lunar exploration and expanding human presence on the Moon.

Lloyd's Banking Group, a leading financial institution, has announced the establishment of a new tech centre in Hyderabad, India. This strategic move aims to leverage India's skilled workforce and technological expertise to drive innovation, digital transformation, and enhance the group's global capabilities in the banking and finance sector.

The Indian Railways has entered into a collaboration with a US agency to enhance clean energy solutions. The partnership aims to promote the adoption of sustainable practices, renewable energy sources, and energy-efficient technologies in the railway sector, contributing to the reduction of carbon emissions and fostering a greener transportation system.