NEWS 23-07-2023. News For 24th-Jul (Monday) Defense 1. DG Rakesh Pal has become the 25th Director General of the Indian Coast Guard (ICG). 2. The Indian Army contingent participated in the 15th edition of the joint military exercise named *'Nomadic Elephant 2023'* with Mongolia. *National* 1. India has witnessed a decline in poverty, lifting 13.5 crore people out of deprivation in the last 9 years. 2. The Ministry of Skill Development & Entrepreneurship has launched a free online training program called Al for India 2.0 on World Youth Skills' Day (15th July). This aims to equip the youth with essential skills in Artificial Intelligence (AI). 3. India's Foreign Exchange has reached 15 month's high of 609 Bn Dollars. *International* 1. India and the United Arab Emirates (UAE) have signed a MoU to establish a framework for trade settlement in their respective national currencies. 2. India and France have agreed to work together to improve aeronautical technologies, focusing on combat aircraft engines and Indian Multi Role Helicopter (IMRH) engines. This collaboration aims to strengthen the defence capabilities of both countries. < < Back