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Current Affairs Daily Digest – May 07 2024
1. Ujjivan Small Finance Bank appointed Sanjeev Nautiyal as MD and CEO
According to Ujjivan Small Finance Bank, the Reserve Bank of India (RBI) has given its approval for Sanjeev Nautiyal to be appointed as the managing director (MD) and chief executive officer (CEO) of the bank.
It is expected that he will serve in this capacity for a period of three years, beginning on July 1, 2024.
Ujjivan Small Finance Bank Limited is a small finance bank that operates in India and has its headquarters in Bangalore.
2. The DBS Bank India was awarded the title of “Best Employer” in 2023
Kincentric has awarded DBS Bank India with the title of “Best Employer” 2023 for the fourth year in a row. Congratulations!
Organizations that have a strong culture of engagement and provide excellent experiences for their employees are recognized with this specific award.
Among the most prominent providers of financial services in Asia is the Development Bank of Singapore, which has its headquarters in Singapore.
3. QuantPower emerged as Best Trading Platform in India
We are pleased to announce that QuantPower, a trading platform developed by Wisdom Tree Ventures, has been awarded the title of Best Trading Platform in India for the second year in a row.
QuantPower, which is an all-in-one platform, makes it possible for investors to engage in both algorithmic and manual trading, which improves their ability to make decisions.
The award for Fintech Company of the Year 2024 was awarded to Wisdom Tree Ventures, which is a company that is promoting financial innovation and excellence in India’s fintech sector.
4. Jose Mulino elected as President of Panama
On May 5, 2024, the results of the presidential election in Panama were announced, and the winner was Jose Raul Mulino, a candidate who adhered to conservative ideology and had previously served as the Minister of Public Security.
He ended up with 34% of the vote, which was higher than his nearest competitor, Ricardo Lombana, who won 25% of the vote.
A tendency that has been observed in other countries such as Argentina and El Salvador is reflected in this election, which represents yet another instance of a rightward tilt in the Americas.
The Importance of Panama As a Strategic Location
- Because of the Panama Canal, the isthmus of Panama, which connects North and South America, possesses a significant amount of geographical and strategic value.
- This canal is fundamental to the marine trade that takes place all over the world since it makes it possible to connect the Atlantic and Pacific oceans.
- The Panama Canal Authority (ACP), which is in charge of the canal, is an organization that is extremely important to the economy of the country.
5. 2024 Pulitzer Prize Winners Announced
Columbia University, located in the United States of America, announced on May 7, 2024, regarding the famous Pulitzer Prizes for the year 2024 recipients.
The honours, which are widely regarded as the most distinguished in the disciplines of journalism and the arts, were bestowed by Columbia University on the recommendation of the Pulitzer Prize Board.
A ceremony will take place later, during which the winners will be publicly recognized, and the president of Columbia University will preside over the event.
Journalism Category
| Category | Winner |
|---|---|
| Public Service | Pro Publica (Joshua Kaplan, Justin Elliott, Brett Murphy, Alex Mierjeski, and Kirsten Berg) |
| Investigative Reporting | Hannah Dreier (The New York Times) |
| International Reporting | Staff of The New York Times |
| Editorial Writing | David E. Hoffman (The Washington Post) |
| Breaking News Photography | Photography Staff of Reuters |
| Feature Photography | Photography Staff of Associated Press |
| Audio Reporting | Staff of the Invisible Institute and USG Audio |
Book, Drama, and Music Category
| Category | Winner |
|---|---|
| Fiction | Night Watch by Jayne Anne Phillips |
| Drama | Primary Trust by Eboni Booth |
| History | No Right to an Honest Living: The Struggles of Boston’s Black Workers in the Civil War Era by Jacqueline Jones |
| Biography | King: A Life by Jonathan Eig<br>Master Slave Husband Wife: An Epic Journey from Slavery to Freedom by Ilyon Woo |
| Memoir and Autobiography | Liliana’s Invincible Summer: A Sister’s Search for Justice by Cristina Rivera Garza |
| Poetry | Tripas: Poems by Brandon Som |
| Music | Adagio (For Wadada Leo Smith) by Tyshawn Sorey |
| General Nonfiction | A Day in the Life of Abed Salama: Anatomy of a Jerusalem Tragedy by Nathan Thrall |
6. Ukraine Unveils AI-Powered Digital Spokesperson for Foreign Ministry
In a groundbreaking move that combines cutting-edge technology with diplomacy, Ukraine has unveiled an AI-generated spokesperson, named Victoria Shi, to deliver official statements from its foreign ministry.
This significant technological leap in diplomatic communication has captured global attention.
Meet Victoria Shi: The Digital Diplomat
During a social media presentation, Victoria Shi made her debut, appearing dressed in a dark suit and displaying human-like gestures and speech.
Despite her AI-powered appearance, the Ukrainian foreign ministry has assured that the content of Shi’s statements will be crafted and verified by human staff, ensuring accuracy and reliability.
7. Kutch Ajrakh, A Traditional Textile Craft Earns GI Tag
‘Kutch Ajrakh’ traditional artists have been awarded the prestigious Geographical Indication (GI) certificate by the Controller General of Patents, Designs, and Trademarks (CGPDTM).
This is a significant recognition of Gujarat’s rich cultural legacy, which has been passed down through generations.
This extraordinary accomplishment is a celebration of the exquisite textile technique that has been strongly rooted in the colourful region of Kutch for millennia.
It is the art of Ajrakh.
- The art of ajrakh, which is a type of textile craft, is highly regarded in the cultural fabric of Gujarat, notably in the regions of Sindh, Barmer, and Kutch, where its history dates back millennia.
- The art of Ajrakh is characterized by a painstaking technique of hand-block printing on treated cotton cloth, which ultimately results in elaborate designs that are imbued with a wealth of profound meaning and historical significance.
- Indigo is a well-known material that is most frequently used as a powerful dye to generate a bluish effect.
- The name “Ajrakh” originates from the word “Azrak,” which means indigo. Traditionally, Ajrakh prints were made up of three colours: blue, which symbolized the sky; red, which represented the land and fire; and white, which represented the stars.
8. World Asthma Day 2024 Observed on May 7, 2024
The first Tuesday of May is the day that we commemorate as World Asthma Day each and every year.
The Global Initiative for Asthma (GINA), a joint organization created in 1993 with the World Health Organization, is responsible for organizing World Asthma Day, which will be marked on May 7, 2024.
A long-term lung disease that affects millions of people all over the world, asthma is the subject of this day, which is dedicated to increasing awareness about the condition.
This year, the Global Initiative for Asthma (GINA) has decided to focus on the topic of “Asthma Education Empowers” in order to bring attention to the significance of educating individuals who suffer from asthma as well as those who work in the medical field about the condition.
The theme for 2024 is “Asthma Education Empowers”
