Current Affairs 05.10.2024
06 Oct 2024 4 min read
- Mumbai Clinches 15th Irani Cup Title After 27-Year Wait Irani cup title finally returning to Mumbai after the drought of 27 years. Ajinkya Rahane led reigning Ranji champion team has drawn the match after taking the first innings lead against the Rest of India in a 5 day match. In which they stood victorious due to courtesy of the first innings lead.
- Ahmedabad Police Unveils AI-Enhanced Command And Control CentreTo enhance citizen safety, Ahmedabad Police is establishing a state-of-the-art Command and Control Centre equipped with advanced technologies, marking a significant upgrade in public security measures. This initiative reflects a growing trend in urban policing that integrates modern technology for improved operational efficiency and crime control.
- ADB Approves $162 Million Loan To Boost Sustainable Tourism Development On October 2, 2024, the Asian Development Bank (ADB) approved a $162 million loan to enhance tourism development in Himachal Pradesh. This funding, aimed at reviving the tourism economy in the five districts severely affected by the pandemic—Hamirpur, Kangra, Kullu, Mandi, and Shimla—will support the Sustainable and Inclusive Tourism Development Project.
- Nepal, India, And Bangladesh Sign Historic Electricity Trade Agreement Nepal, India, and Bangladesh have recently entered into a significant tripartite agreement aimed at facilitating cross-border electricity trade, marking a notable step in regional energy cooperation. This agreement allows Nepal to export its surplus electricity to Bangladesh via India during the rainy season, specifically from June 15 to November 15 each year.
- 13,822 Jan Aushadhi Kendras Established Nationwide The government has established 13,822 Jan Aushadhi Kendras across the country under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) till 30th September of 2024. These Kendras have also achieved record sales of 200 Crore rupees in the last month, which is the highest monthly sales in the history of the PMBJP. Key Points Establishment of Jan Aushadhi Kendras :
- Aviral Jain Joins RBI As Executive Director The Reserve Bank of India (RBI) has appointed Aviral Jain as Executive Director (ED) with effect from October 01, 2024. Prior to being promoted to ED, Jain was serving as Regional Director for Maharashtra. As Executive Director, he will look after the several departments for the smooth functioning of RBI. Professional Experience of Jain Shri Jain is a post-graduate in economics.
- Power Finance Corporation Secures Record USD 1.265 Billion Loan PFC (Power Finance Corporation), a Maharatna company and leading NBFC in the Indian power and infrastructure sector, announced the successful closing of issuance of the largest-ever foreign currency term loan from an Indian PSU amounting to USD 1.265 billion. This landmark transaction was executed through a facility agreement with multiple banks based in IFSC GIFT City, Gandhinagar.
- Employment In India Up By 36% : Center ReportsIndia has witnessed significant employment growth over the years. With employment increasing by nearly 36%, adding around 17 million jobs during 2016-17 and 2022-23, India’s economic trajectory demonstrates sustained job creation across key sectors. With a robust democracy, dynamic economy, and a culture that celebrates unity in diversity, India’s journey toward becoming a global powerhouse continues to inspire the world.
- Italy And Switzerland Redraw Alpine BordersThe redrawing of borders between Italy and Switzerland is a striking response to the rapid melting of glaciers caused by climate change. As global temperatures rise, glaciers in the Alps are shrinking, leading to shifts in natural watershed lines that have historically defined the frontier between these two countries.
- Department Of Posts And Amazon Unite To Enhance Delivery ServicesThe Department of Posts (DoP), with its deep reach, and Amazon, one of the world’s largest e-commerce companies, together seek to empower India’s growing e-commerce sector by enhancing logistical capabilities, supporting job creation, and contributing to economic growth, signed a Memorandum of Understanding (MoU).
- Cabinet Endorses National Mission To Enhance Oilseed ProductionThe Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds), a landmark initiative aimed at boosting domestic oilseed production and achieving self-reliance (Atmanirbhar Bharat) in edible oils. Aim of the mission To increase primary oilseed production from 39 million tonnes (2022-23) to 69.7 million tonnes by 2030-31.
- Gold Glory: Indian Men’s Team Triumphs In Rapid Fire Pistol Indian trio wins team Gold medal at ISSF Junior World Championship 2024 in 25 Men’s Rapid Fire Pistol event. The competition was held in Lima, Peru. The trio was Raajwardan Patil, Mukesh Nelavalli and Harsimar Singh Rattha. Highlights Raajwardan and Mukesh did make the individual final, but finished fourth and fifth, even as the qualification topper
- India’s Forex Reserves Surpass $700 Billion Milestone For The First Time India’s foreign exchange reserves have exceeded $700 billion for the first time, reaching $704.89 billion in the week ending September 27, 2024. This marks a record increase of $12.58 billion, with foreign currency assets (FCAs) rising by $10.4 billion to $616 billion and gold reserves increasing by $2 billion to $65.7 billion.
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