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Current Affairs Daily Digest – March 24 & 25 2024
1. PM Modi receives Bhutan’s ‘Order of the Druk Gyalpo’
On Friday, Prime Minister Narendra Modi began a two-day state visit to Bhutan. This comes as both countries are working to overcome their border issue and Beijing is trying to forge diplomatic ties with the Himalayan kingdom.
The declaration that India will increase its support for Bhutan’s thirteenth five-year plan from five thousand to ten thousand crore rupees was made during the visit.
Emphasis on the Journey
- Modi met with Tshering Tobgay, the Bhutanese equivalent, and paid a visit to King Jigme Namgyel Wangchuck.
- The seven agreements and Memorandums of Understanding (MoUs) that India and Bhutan inked address a wide range of topics, including agriculture, digital connectivity, petroleum, trade, and space.
- Additionally, the two nations have begun working on a plan to establish rail connections.
- The King’s projects, such as Bhutan Believe, Brand Bhutan, and the Gelephu Mindfulness City, had Modi’s full support.
2. Simon Harris: Ireland’s New Prime Minister
After Leo Varadkar’s unexpected departure, Irish politician Simon Harris is now considered a heavy favorite to succeed him as Taoiseach, or prime minister of Ireland.
In addition to serving as Minister for Further and Higher Education, Harris (37 years old) has been an active Fine Gael party member since he was a young man.
Background and Schooling
Wicklow, Ireland is the place of Harris’s birth in 1986. He started as a journalism major at the Dublin Institute of Technology but dropped out to focus on politics instead.
Career in Politics
- At an early age, Harris became associated with the Fine Gael party’s youth section after joining the party.
- Being elected as a TD (Teachta Dála) for Wicklow in 2011, he became the youngest member of the Dáil Éireann (Irish parliament) at the age of 24.
- Harris was a junior minister in the Treasury Department from 2014 to 2016.
- He served as Minister for Health from 2016 till around the middle of 2020.
- Harris, in his capacity as health minister, was highly commended for his leadership during Ireland’s reaction to the COVID-19 pandemic.
- He assumed the role as Minister of Advanced and Higher Education in 2020.
3. Bina Agarwal and James Boyce were awarded the first “Global Inequality Research Award”
James Boyce and Bina Agarwal have been presented with the inaugural “Global Inequality Research Award” in recognition of their ground-breaking work in the field of global inequality research, particularly as it pertains to social and environmental inequality.
Conferences in Paris in the spring and fall of 2024 will be the venues for the laureates’ award ceremonies and summaries of their work. Sciences Po’s Social-Ecological Transitions (SET) program is coordinating these gatherings.
Notifications to Institutions
The two winners’ respective institutions spread the word about the honor:
- Bina Agarwal’s Global Development Institute (GDI) at the University of Manchester.
- James Boyce’s Political Economy Research Institute (PERI) at UMass Amherst.
4. Govind Dholakia Appointed New Chairman of Surat Diamond Bourse
Gujarati Rajya Sabha member Govind Dholakia has been named chairman of the Surat Diamond Bourse (SDB). Vallabhbhai Patel (Lakhani), the former chairman, resigned the day before this appointment.
The Decision of the Core Committee
Members of the SDB core committee met on Thursday to plan for the future in light of Lakhani’s resignation. Dholakia, owner of SRK Diamonds and a member of the SDB advisory council, was nominated as the new chairman after the committee considered other diamond merchants. The nomination was unanimous.
The Industry’s Acknowledgment and Dholakia’s Background
After being given the position of chairman, Dholakia gladly accepted. The core committee members have faith in his ability to guide the Bourse and overcome challenges because to his extensive background in the diamond sector.
5. Sathiyan Gnanasekaran Creates History at WTT Feeder Beirut 2024
Becoming the first-ever Indian to win a men’s singles trophy at a WTT Feeder Series tournament is an incredible accomplishment for Indian star paddler G. Sathiyan.
On Thursday night, in Beirut, Lebanon, Sathiyan achieved a historic milestone when he defeated his fellow countryman Manav Thakkar 3-1 (6-11 11-7 11-7 11-4) in the final of the WTT Feeder Beirut 2024.
Sathiyan’s Journey to Greatness
Even though he was seeded eleventh, Sathiyan had an extraordinary run to the championship match. On his way to the championship match, he defeated tough opponents like as No. 5 seed Harmeet Desai (15-13 6-11 11-8 13-11) and top seed Chuang Chih-Yuan (11-8 11-13 11-8 11-9)).
Sathiyan will remember his final match against No. 9 seed Manav Thakkar with the utmost fondness, though, because he recovered from an early loss to win in four games.
6. Tech Mahindra, and IBM collaborate to drive digital adoption
In a joint effort to hasten digital adoption for businesses in the Asia-Pacific area, Tech Mahindra and IBM have opened a Synergy Lounge in Singapore. The goal of this partnership is to provide different industries with innovative solutions by utilizing next-gen technologies.
Tech Mahindra and IBM have announced the launch of a Singaporean Synergy Lounge.
Located on the Tech Mahindra campus, the Lounge is an initiative to encourage businesses in the Asia-Pacific region to use next-generation technology.
Areas of Concentration and Technology:
- Artificial intelligence (AI), intelligent automation (IA), 5G, edge computing (EC), and cybersecurity (CS) will be the main topics covered in the Lounge.
- Businesses will get help putting these technologies into action so they can improve productivity and solve difficult problems.
7. SBI Cards and Payment Services Ltd, in collaboration with Titan Company Ltd, Presented Titan SBI Card
Titan Company Ltd. and SBI Cards and Payment Services Ltd. are pleased to announce the Titan SBI Card, a premium retail credit card with unrivaled perks for cardholders. Cashbacks, gift vouchers, and reward points are the main features of this card, which offers advantages of more than ₹2,00,000 each year.
Choices for Enrollment
- The official SBI Card website now offers digital enrollment, so interested parties can apply for the Titan SBI Card in a jiffy using SBI Card SPRINT.
- Titan also offers enrollment in-store, so any prospective cardholder can easily enroll.
Platform and Fee Details
- The Titan SBI Card has a small signup cost of ₹2,999 and an annual renewal fee of the same amount.
- Availability on RuPay and VISA payment platforms guarantees user convenience and broad acceptance.
8. DBS Bank India announces $250 million lending support for start-ups, ‘new economy’ companies
DBS Bank India showcased its commitment to supporting innovation and entrepreneurship in India’s flourishing start-up ecosystem by announcing a lending commitment of USD 250 million for new-age start-ups. Even if they are becoming stronger, India’s more than 100,000 start-ups and 100 unicorns still face a huge obstacle when trying to get funding.
An overview of the initiative: DBS Bank India has set aside USD 250 million to assist new businesses with start-up loans.
- Highlights companies who are redefining industry standards by utilizing innovative technologies.
- Attempts to resolve the persistent problem of lack of access to funding for new businesses in India.
9. International Day for the Right to the Truth 2024 is observed on March 24
Commemorating the Dignity of Victims and the Right to Know About Gross Human Rights Violations, March 24 is an annual event. Every year, on this day, people around the world remember those who have died as a result of gross abuses of human rights and rally behind the cause of truth and justice.
When serious human rights breaches occur, the idea of the right to know the truth becomes very crucial. Those who have lost loved ones in crimes such as summary killings, enforced disappearances, kidnappings, torture, and others have a right to know what became of them.
To have a right to the truth is to have access to accurate and comprehensive information regarding what happened, how it happened, and who was involved. Acknowledging the context of the violations is also part of this.
10. World Tuberculosis Day 2024, Date, Theme, History and Significance
Every year on March 24th, people around the world commemorate World Tuberculosis (TB) Day. March 24th, 2024 is the date it will occur on. Lungs are the primary sites of infection in tuberculosis (TB), an infectious disease. Mycobacterium tuberculosis is the causative agent.
The airborne TB germs can be transmitted from an infected person’s cough, sneeze, or spittle. In addition to being preventative, tuberculosis can be treated for 6 to 12 months using a mix of antimicrobial drugs. Still, tuberculosis (TB) is a deadly disease if left untreated.
The theme of the 2024 World Tuberculosis Day
“Yes! We can end TB” will be the theme of World TB Day 2024. This topic emphasizes the ongoing initiatives and activities to raise awareness about the need to eradicate this fatal disease.
11. World Meteorological Day 2024 is observed on March 23
Every year on March 23rd, the World Meteorological Day is celebrated. This day marks the establishment of the World Meteorological Organization (WMO) in 1950. The WMO is a specialized agency of the United Nations.
World Meteorological Day 2024-Theme
The theme for World Meteorological Day 2024 is “At the Frontline of Climate Action“. This theme highlights the urgent need for action against climate change and its potentially catastrophic consequences.
