Current Affairs Daily Digest – February 03 & 04 2024

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Current Affairs – Feb 03 & 04 2024

1. Adani Group’s $1.2 Billion Copper Plant Boosts India’s Metal Independence for Energy Transition

Mundra, Gujarat is home to the Adani Group’s massive copper refinery, which Gautam Adani heads. With a full-scale production capacity of 1 million tonnes by 2029, this $1.2 billion project is expected to begin operations in its first phase by March-end.

This strategic decision aligns with India’s objectives of decreasing its reliance on copper imports and lending support to the worldwide movement towards renewable energy.

How Adani’s Copper Plant Contributes to the Energy Transition

Copper is essential in several energy transition technologies, including electric vehicles (EVs), charging infrastructure, wind, and batteries, and its demand is on the rise.

Bringing India into line with other countries in the race to increase copper production will help transition away from fossil fuels.

Evaluation Against Indian Rivals

  • The reopening of Vedanta Ltd.’s 400,000-tonne mill in Tuticorin, Tamil Nadu, and Adani’s project are happening at the same time.
  • Identifies Hindalco Industries Ltd as the present operator of the 0.5 million tonne copper smelter, the biggest in India.

Explosion in Demand and Reliance on Imports

  • Rising demand for copper is being driven by the rapidly expanding renewable energy, telecom, and electric vehicle sectors. Copper is the third most used industrial metal overall.
  • Over the past five years, India has become increasingly reliant on copper imports due to its domestic supply falling short of demand.

2. India Launches UPI Payments at Eiffel Tower in Paris

An important step towards Prime Minister Narendra Modi’s goal of globalizing UPI has been achieved with India’s official introduction of UPI at the renowned Eiffel Tower in Paris.

France became the first European country to use India’s UPI for retail transactions with this move, which follows the signing of an agreement between the two countries in July of last year regarding digital payments.

A Historic Move: UPI at the Eiffel Tower

The Eiffel Tower in Paris is the first French shop to accept UPI payments, thanks to the National Payments Corporation of India (NPCI) in India. This action is in line with Prime Minister Modi’s desire to see UPI represented on a global scale.

India-France Digital Payments Agreement

You may now use India’s UPI to make retail purchases in France thanks to the partnership between the two countries’ digital payment systems, which was launched in July. With this historic deal, France will be the first European country to adopt UPI.

Collaboration with Lyra to Promote UPI Adoption

Lyra, a French e-commerce and proximity payments firm, has teamed with NPCI International Payments (NIPL) to make UPI payments easier to accept in France. The strategic partnership guarantees that the UPI payment system will be seamlessly integrated, beginning with the Eiffel Tower.

Traveler-Friendly Method of Payment

As the second-biggest international tourist group to the Eiffel Tower, Indians like the ease and familiarity of the UPI payment system. Enhancing the entire experience for Indian travelers, tourists can initiate payments easily by scanning a QR code on the merchant’s website.

Beyond the Eiffel Tower, Expansion Plans

Plans are in the works to expand UPI payments to other retailers and tour operators in France and, subsequently, across Europe, with the Eiffel Tower serving as the pioneer. The overarching goal of UPI is to become a widely used payment system, and its expansion is in line with that.

3. Justice Pradeep Kumar Srivastava Appointed Permanent Judge At Jharkhand High Court

Justice Pradeep Kumar Srivastava has been formally appointed as a permanent judge in the Jharkhand High Court by the Ministry of Law and Justice. In a nutshell, these are the main points:

Justice Pradeep Kumar Srivastava has been officially appointed as a permanent judge in the Jharkhand High Court, according to a statement from the Ministry of Law and Justice.

Justice Srivastava’s position on the bench is solidified by this appointment, which is made possible by Article 217(1) of the Indian Constitution.

The nomination of Justice Pradeep Kumar Srivastava to the position of Permanent Judge of the Jharkhand High Court, having previously served as an Additional Judge, has been approved by the President.

Following the recommendation of the Supreme Court Collegium on January 18, the appointment will take effect on the date that Justice Srivastava takes up his new duties.

Legal Obligation

  • Article 217(1) of the Constitution of India governs the procedure for selecting judges of high courts and the Chief Justice.
  • For all judicial appointments, the President consults with the relevant high court chief justice as well as the chief justice of India and the governor of each state. Appointing a chief justice is a crucial part of the presidential appointment process.
  • When a High Court has jurisdiction over more than one state, it must confer with the governors of each state that is relevant.

4. L.K. Advani Biography: Early Life, Career, Profession and Awards

A notable figure in Indian politics, Lal Krishna Advani was born in Karachi on November 8, 1927, and was an original member of the Bharatiya Janata Party (BJP).

The Bharatiya Janata Party (BJP), which he helped popularize and fortify, eventually became a powerful political party in India. Between his tenures as deputy prime minister and 2004–2005, Advani left an indelible mark on Indian politics and politics in general.

Life and Education of L.K. Advani

Lal Krishna Advani was born into a Hindu Sindhi family in Karachi, British India, on November 8, 1927. He started his formal education at Karachi’s St. Patrick’s High School and continued it at Sindh’s D.G. National College in Hyderabad.

His family relocated to Bombay after India’s partition, and he attended and graduated from Bombay University’s Government Law College.

Lam Krishna Advani’s relatives

The Advani family was very humble, and Lal Krishna Advani was no exception. The groundwork for his upbringing was laid by his parents, Kishinchand and Gyanidevi.

His sister Sheela was his little sister, and they were quite close when they were growing up. While the family’s horse-drawn Victoria may have served as a prestige symbol to outsiders, it piqued Advani’s interest and inspired him to learn about the world around him as a young boy.

5. Abhinav Bindra selected as torchbearer for the 2024 Paris Olympics

As part of the long-standing custom, the Olympic Torch Relay will once again make its way to Paris in 2024, this time traversing France for 68 days after crossing the Mediterranean.

An IOC Athletes’ Commission member and India’s first individual Olympic gold medalist, Abhinav Bindra, is one of the 11,000 chosen to carry the iconic sign.

The Beginning of a Journey from Olympia to Marseille

The Olympic flame will make its way to Athens after the lighting ceremony on April 16 in Olympia, Greece, and then set sail for Marseille on the famous three-masted ship Belem.

As a nod to the long-standing custom of sending officials and competitors to the Games by boat, this one-of-a-kind means of transportation is particularly meaningful.

68 Days of Festivities: The Relay of the French Torch

The French Torch Relay begins when the flame reaches Marseille on May 8. Carrying it will be 11,000 torchbearers from all walks of life and 65 different territories during the following 68 days.

With this countrywide party, we hope to get everyone in the Olympic mood.One of the chosen torchbearers is Abhinav Bindra, a shooting phenom and the first Indian to ever win an individual Olympic gold medal. His involvement exemplifies how the Olympics bring people together and celebrate athletic achievement on an international level.

6. World Cancer Day 2024 is observed on February 04

The original idea for World Cancer Day was presented during the 2000 World Summit Against Cancer. Official recognition of this day was bestowed upon it in 2008 after it had been conceptualized by the Union for International Cancer Control (UICC).

From its start to now, there has been a growing coalition of people, groups, and countries working together in a spirit of collaboration to overcome the many obstacles presented by cancer.

Cancer Awareness Day: Topic

The UICC captures the spirit of World Cancer Day every year with a theme that represents the overall world feeling. As a potent rallying cry for unity, “Close The Care Gap” is the theme for the year 2024.

It promotes a feeling of collective duty in the battle against cancer and calls on people, groups, and governments to join forces. The importance of working together to tackle the challenges of cancer care and prevention is emphasized by this theme.