• India has successfully tested the indigenously developed, high-speed expendable aerial target (HEAT), 'ABHYAS' from the Integrated Test Range in Chandipur, Odisha.
• It can be used as an aerial target for evaluating various missile systems.
• It is developed and designed by Aeronautical Development Establishment, Defence Research and Development Organisation (DRDO).
• ABHYAS has been programmed for fully autonomous flight.
• DRDO chairman: G. Satheesh Reddy; HQ: New Delhi

• World Asteroid Day is observed annually on June 30 to raise the awareness about the asteroid hazardous impact.
• In December 2016, UNGA has adopted resolution A/RES/71/90 to declare 30 June International Asteroid Day.
• This day marked the anniversary of the Tunguska impact over Siberia, Russian Federation, on 30 June 1908.
• The General Assembly’s decision was made based on a proposal by the Association of Space Explorers.

• The Public Enterprises Selection Board (PESB) has selected Sandeep Kumar Gupta as the head of India's largest gas utility GAIL (India) Ltd.
• He will replace Manoj Jain, who will be retired on August 31, 2022.
• He has more than 31 years of working experience at Indian Oil Corporation (IOC).
• He is working as a Director (Finance) of IOC since August 3, 2019.
• If his appointment approved by ACC, then he will hold the office till February 2026.

• Indian Space Research Organization (ISRO) is ready to launch the rocket PSLV-C53 with three Singapore satellites on 30th June, from the Satish Dhawan Space Centre at Sriharikota.
• PSLV-C53, is the second dedicated commercial mission of the NewSpace India Limited, Department of Space.
• Primary payloads: 365 kg earth observation satellite called DS-EO, a 155 kg NeuSAR satellite and the 2.8 kg Scoob-1 nano-satellite of the Nanyang Technological University, Singapore.

• NITI Aayog and TIFAC have launched a report titled ‘Forecasting Penetration of Electric Two-Wheelers in India’.
• Total eight scenarios have been for analyzing the future penetration of electric two-wheelers in the country.
• Optimistic scenario Forecasts: 100% penetration of electric two-wheelers in the Indian market by FY 2026–27.
• TIFAC, is an autonomous organization set up in 1988 under the Department of Science & Technology.

• Airtel Payments Bank has joined hands with Axis Bank to digitize the cash collection system.
• Region: India's tier III cities and semi-urban regions.

Benefits:

• Axis Bank to build operational efficiencies in the cash management process, speed up the payment cycle
• It helps in releasing the bandwidth of field agents who operate across the country.
• Agents can deposit the amount at any Airtel Payments Bank outlet, amount will be transferred to the Axis Bank accounts.

• The first step of NASA’s CubeSat mission to the Moon has been successfully completed in space.
• It was built to test a novel lunar orbit.
• The Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE) mission has been launched on Rocket Lab’s Electron rocket from the Rocket Lab Launch Complex, New Zealand.
• CAPSTONE is currently in low orbit of Earth and will take four months to reach its targeted lunar orbit.

• Telangana CM, K Chandrashekhar Rao has inaugurated the T-Hub 2.0, nation's leading innovation and startup catalyst.
• This facility will support over 2000 startups under one roof, with a total built-up area of 5,82,689 sq. ft, making it the world’s largest innovation campus.
• With the help of this hub, young Indians launch their startups with a collaborative innovation ecosystem.
• Recently, Telangana has been placed among top-10 global ecosystems for 'affordable talent'.

• Japanese chipmaker, Renesas Electronics Corp has joined hands with Tata Motors, formed a strategic partnership to design, develop and manufacture semiconductor solutions for domestic and global markets.
• Renesas will also work with Tejas Networks (subsidiary of Tata Group company) on wireless network solutions including 5G.
• In March 2022, the next-generation EV Innovation Center (NEVIC) was jointly set up by the Renesas and Tata Elxsi (Tata Group).

• Odisha's MSME Department has been awarded first prize in the category “National MSME Award 2022" to States/UTs for their outstanding contribution in the promotion and Development of MSME Sector.
• Bihar and Haryana have been placed second and third respectively.
• Kalahandi, Odisha won third prize in the category of Aspirational districts for outstanding contribution in the promotion and development of MSME Sector.