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Current Affairs Daily Digest – March 07 2024

1. India And South Korea To Boost Cooperation In New Tech And Semiconductors

The announcement was made by External Affairs Minister S. Jaishankar during the 10th India-South Korea Joint Commission Meeting in Seoul, to strengthen the strategic alliance between the two countries by increasing collaboration in important new areas.

As co-chairman of the meeting with Cho Tae-yul of South Korea, Jaishankar emphasized the fruitful and extensive conversations that took place on a range of topics, such as defense, science and technology, trade, and people-to-people contacts.

Growth of Strategic Alliances

• S. Jaishankar, India’s minister of external affairs, recently stressed the importance of deepening and broadening the country’s strategic alliance with South Korea.
• Critical and emerging technology, semiconductors, and environmentally friendly hydrogen are some of the areas of focus.
• Progress in trilateral collaboration was brought up by both parties.
• Discussions centered on shared interests in regional and global politics as well as recent events and difficulties in the Indo-Pacific region.
• While Prime Minister Narendra Modi was in India in 2015, the two countries’ ties were transformed into a unique strategic alliance.
• Increases in commerce, investment, defense, and collaboration in science and technology.
• The desire to broaden the scope of existing partnerships to include new and developing technology, semiconductors, environmentally friendly hydrogen, etc.
  Strive to bring the two countries’ relations up to date and modern.

2. Yatin Bhaskar Duggal Wins First Prize in National Youth Parliament Festival 2024

The prestigious National Youth Parliament Festival, 2024 was won by the talented Yatin Bhaskar Duggal of Haryana. The news broke at the final session in New Delhi, where Duggal received the top prize for his outstanding performance.

Preeminent Accolades for Young Achievement

• Yatin Bhaskar Duggal of Haryana Won First Prize!
• Tamil Nadu’s Vaishna Pitchai took second place.
• Honorable Mention: Kanishka Sharma from Rajasthan

The fact that these exceptional people were recognized shows how diverse and gifted the country is since they came from all over the country.

“Viksit Bharat” Vision by the year 2047

The importance of young people in achieving the goal of a developed India by 2047, dubbed “Viksit Bharat,” was stressed by Lok Sabha Speaker Om Birla, who addressed the audience. He lauded the youth for their fresh ideas and steadfast commitment to nation-building.

3. Kotak Life Introduces Non-Linked Par Product Kotak G.A.I.N

The introduction of Kotak G.A.I.N., the newest product from private sector life insurer Kotak Life Insurance, garnered a lot of attention. People looking for a way to save for the future or have a reliable source of income could be interested in this non-linked participating product.

Kotak G.A.I.N offers powerful security for clients’ loved ones and attempts to fulfill varied financial needs with its unique features and flexibility.

Important Functions and Choices

With a yearly premium requirement of Rs 50,000, Kotak G.A.I.N. makes sure that investors from all walks of life can participate, regardless of their financial situation.

Policyholders are required to be at least 90 days old when the policy is issued to be eligible to receive coverage. Flexible and offering alternatives for long-term financial planning, the policy matures between the ages of 40 and 85.

Policyholders can tailor their investing plan to their tastes and long-term objectives with the help of the product’s three different possibilities.

4. International Women’s Day 2024 is observed on March 08

March 8th marks the yearly celebration of International Women’s Day (IWD) around the world. The global recognition of women’s social, economic, cultural, and political accomplishments is centered around it.

The world community rallies once again to celebrate women’s achievements and fight for gender equality, just as it does every year.

March 8th, 2024 is International Women’s Day, a worldwide occasion to honor women’s accomplishments and promote gender equality. In doing so, it highlights the fact that the fight for women’s rights and empowerment is far from over.

This year’s theme, “Invest in Women: Accelerate Progress,” highlights the significance of financial independence for women as a means to attain gender parity.

5. Kerala to launch India’s first government-backed OTT platform

Kerala, renowned for its cultural richness and cinematic brilliance, is set to make history in the digital entertainment landscape with the launch of CSpace, India’s maiden government-backed Over-The-Top (OTT) platform.

The much-anticipated unveiling ceremony will take place at Kairali Theatre on Thursday, March 7, at 9:30 am, with Chief Minister Pinarayi Vijayan spearheading the event.

CSpace, a brainchild of Kerala State Film Development Corporation (KSFDC), represents a significant leap towards democratizing content consumption.

With an amalgamation of informative and entertaining content meticulously curated for the masses, CSpace promises to redefine the digital entertainment experience for viewers across the nation.