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Current Affairs Daily Digest – May 31 2024

1. NASA’s Magellan Mission Discovers Ongoing Venus Volcanic Activity

It has been proven for the second time that Venus has had recent volcanic activity by looking at old data from NASA’s Magellan probe.

Scientists in Italy have found changes to the surface that show new rock formations formed by lava flows from volcanoes that erupted while the spaceship was in orbit.

A Look at the Magellan Mission

NASA’s Magellan project, which was run by the Jet Propulsion Laboratory (JPL) in Southern California from 1990 to 1992, made maps of 98% of Venus’s surface.

Using synthetic aperture radar to get through Venus’s thick clouds, the mission took the most accurate pictures of the planet to date.

2. Reliance and Tata Groups Recognized among TIME’s World’s Most Influential Companies

A well-known magazine called TIME has named Reliance Industries Limited (RIL) and Tata Group as two of the World’s 100 “Most Influential Companies.”

Both are large Indian businesses. The fact that they were recognized shows how important they are on a world level.

RIL: A Titan of Indian Industry Reliance Industries Limited (RIL) is one of the “Titans” on TIME’s list, which means it is a titan of Indian industry.

It is the only Indian company to have been on the TIME 100 list twice, and this is the second time it has been on the list.

Tata Group: A Diversified Multinational Company

The Tata Group, which is known for having a wide range of businesses, has now been added to the “Titans” group, making it even more of a global business giant.

Serum Institute: A Leader in Making Vaccines

The Serum Institute is another Indian business that has been recognized. It was put in the “Pioneers” category because it was one of the first to make and distribute vaccines.

TIME magazine has given Reliance Industries, which is now run by Mukesh Ambani, high marks for its work in retail, internet, energy, and other areas.

The article talked about Reliance’s $8.5 billion deal to join with Disney’s India business. This will make the new company the biggest player in India’s growing streaming market.

People have praised Reliance for changing many parts of India’s economy by making world-class goods and services more accessible at low costs through many new ideas.

With the cheapest cell data plans in the world, its telecom arm, Jio, has helped bring digital inclusion to a level that has never been seen before.

3. Hindi Journalism Day 2024 – May 30

Every year on May 30, people celebrate Hindi Journalism Day. The event takes place this year on Thursday, May 30, 2024.

For example, the first Hindi newspaper in India was called Udant Martand. This is where Hindi writing got its start.

Udant Martand was first released in Calcutta on May 30, 1826, while the country was still ruled by the British. It was the first Hindi newspaper in the country.

Important and Having an Effect

Hindi Journalism Day is important because it recognizes the importance of Hindi journalism and the hardworking reporters who go above and beyond to give correct and timely news to the people of the country.

People who didn’t understand English could get their news in Hindi, which gave them access to knowledge and helped them form well-informed opinions on a wide range of issues.

Today is a reminder of how important local media are for breaking down language barriers and making sure that information gets to a lot of people.

4. Emmanuelle Soubeyran Elected as New Director General of WOAH

France is happy that Dr. Emmanuelle Soubeyran was chosen to be the Director General of the World Organization for Animal Health (WOAH) from 2024 to 2029.

The World Assembly of Delegates, which took place in Paris on May 28, elected her to this post.

She thanks all the member countries and territories for their trust. France’s support for the group’s goal of promoting animal health and well-being showed in her campaign.

France helped to create the WOAH and is now one of its biggest donors. The organization’s offices are in Paris. To support an ambitious plan for the WOAH’s future, it will continue to push for its acceptance in the multilateral system.

5. Appointment of Rakesh Ranjan as Chairman of, Staff Selection Commission (SSC)

A man from the Manipur Cadre who joined the Indian Administrative Service (IAS) in 1992 has been named Chairman of the Staff Selection Commission (SSC).

This decision was made after the decision Committee of the Cabinet sent out a notice.

As a temporary change, Ranjan will be given the title and pay of Secretary to the Government of India. He will also be in charge of the SSC.

The job’s Recruitment Rules (RR) have been put on hold.

6. First Country to Introduce Civil Services

In India, the civil service is very respected and gives people the chance to work in top government positions that have a big effect on the whole country.

A lot of people want these highly sought-after jobs, but not many people know how the public services came to be.

In this article, the past is explored, going all the way back to the first country that created the idea of civil services.

How Important Indian Civil Services Are

In India, being in the government service means having a lot of power and prestige. People with these jobs have the power to make choices that have big effects on the whole country.

Along with the honour and duty that come with these jobs, the perks and benefits are what bring in millions of young people every year.

Even though there are a lot of applicants, only a few people get jobs in the Indian government.

The first country to set up government services

Civil services are used all over the world, but the idea behind them came from just one country. China is proud to have been the first country to start working with the government.

This event in history set the stage for organized government and the efficiency of the bureaucracy.

7. IRDAI Approves Sandeep Batra as ICICI Prudential Board Chairman

Sandeep Batra has been appointed as the Chairman of the Board of Directors of ICICI Prudential Life Insurance Company.

This was approved by the Insurance Regulatory and Development Authority of India (IRDAI). The company told people about this on Thursday.

Date of effect and current job

Batra has been named Chairman of the ICICI Prudential Board. His new job starts on June 30, 2024.

He has been an Executive Director on the Board of ICICI Bank since July 2018 and is in charge of the Corporate Centre.

Relationship with ICICI Group for a Long Time

The fact that Sandeep Batra has worked for the ICICI Group since September 2000 shows how dedicated he is to the company.

His many years of work in the group include being the Executive Director and Chief Financial Officer (CFO) at ICICI Prudential Life Insurance Company and the Group Compliance Officer at ICICI Bank.

8. TCS & IIT-Bombay Partner to Develop India’s 1st Quantum Diamond Microchip Imager

It has been agreed that Tata Consultancy Services (TCS) and the Indian Institute of Technology, Bombay (IIT-Bombay) will work together to create India’s first Quantum Diamond Microchip Imager.

This high-tech sensing tool is meant to change the way semiconductor chips are examined, which should lead to fewer failures and better energy economy in electronics.

Details of the collaboration

Tech experts from TCS will work with Dr. Kasturi Saha, an Associate Professor in the Department of Electrical Engineering at IIT-Bombay, for the next two years.

The main thing they will be working on is building the quantum imaging tool in the PQuest Lab.

Quantum sensing technology will be used in this relationship to improve the quality control of semiconductor chips. This will make electrical devices more reliable, safe, and energy efficient.

9. Agnikul Cosmos’ Agnibaan – World’s First 3D Printed Space Rocket Engine

The Chennai-based company Agnikul Cosmos has done an amazing thing by successfully launching the world’s first space rocket with a 3D printed engine made of a single piece.

Agnikul finally succeeded on its fifth try, sending its own rocket into space. It was named Agnibaan.

This launch is India’s first rocket with a semi-cryogenic engine that was created and built entirely in India.

New Ways to Use Inconel Material

The Inconel material was used by Agnikul to make the 3D-printed rocket. Inconel is an alloy that is known for not oxidizing or corroding and being good for space flight.

This makes it a great choice for this groundbreaking project.

10. Shah Rukh Khan Appointed as New Brand Ambassador of Muthoot Pappachan Group

The Muthoot Pappachan Group (MPG), which is also known as Muthoot Blue, has announced that Shah Rukh Khan will be its new brand spokesman.

This strategic partnership is a big step forward for MPG. It will help the company build its brand and connect with a wider range of people across the country.

The Muthoot Pappachan Group is the owner of several well-known Non-Banking Financial Companies (NBFCs).

These include Muthoot FinCorp Limited, which is the group’s main business, Muthoot Microfin Limited, Muthoot Capital Services Limited, and Muthoot Housing Finance Company Limited.

11. Russia to Remove Taliban From Terrorist List

Russia is going to take the Taliban off its list of illegal terrorist groups. This comes three years after the group took back power in Afghanistan.

According to the state-run news agency RIA Novosti, this move comes after Russia has been trying to improve its relationship with the Taliban for years, having several rounds of talks and increasing trade despite sanctions from other countries.

Diplomatic ties and business

Russia has always worked with the Taliban to improve relations between the two countries through trade and diplomacy.

The fact that they are no longer on the terrorist list could help these efforts even more, but it does not publicly recognize the Taliban government or its self-proclaimed “Islamic Emirate of Afghanistan.”

By the end of 2023, Kazakhstan had already taken the Taliban off its list of banned groups. Russia is now planning to do the same.

12. World No-Tobacco Day 2024 – May 31

World No Tobacco Day is celebrated every year on May 31 to raise knowledge about the health risks of smoking and call for policies that will effectively reduce tobacco use.

Today is a warning of a number of diseases that can kill you, such as heart disease, stroke, cancer, and lung diseases caused by smoking.

Tobacco use is a big public health problem that kills millions of people around the world and puts a huge strain on healthcare systems.

Theme for 2024: “Protecting Children from Tobacco Industry Interference”