NATIONAL UPDATES:
1. PM Modi inaugurates India Energy Week 2024 in Goa: PM Narendra Modi inaugurated India Energy Week 2024 in Goa. The event is
expected to witness the participation of around 17 Energy Ministers from
different countries, over 35 thousand attendees, and more than 900 exhibitors.
The
Prime Minister will also inaugurate and lay the foundation stone of projects
worth over one thousand 330 crore rupees in a public programme. He also
inaugurated the permanent campus of the National Institute of Technology, Goa
to the nation.
2. Chhattisgarh govt launched Mahtari Vandan Yojana: Chhattisgarh government has launched a welfare scheme “Mahtari Vandan Yojana”. Under the scheme, government will provide
Rs 1,000 financial assistance for married women. Under the scheme, Rs 1,000 per
month — i.e. Rs 12,000 per annum — will be sent into the bank accounts of
married women accounts through DBT (Direct Benefit Transfer). The married women
who are a domicile of Chhattisgarh and aged above 21 years as on January 1,
2024, will be eligible to avail benefit of the scheme. Besides them, widows,
divorced and abandoned women will also be eligible to avail its benefit if they
fulfil the criteria.
3. Arunachal Pradesh Cabinet Approves 2 new district: The cabinet of Arunachal Pradesh Chief Minister Pema Khandu has approved
the creation of two new districts
for ease of administration.
The
cabinet decided to carve out Keyi Panyor district from Lower Subansiri and
Bichom from East and West Kameng districts. The number of districts in the
northeastern state will now rise to 28.
4. Ritu Bahri Took Oath as the First Woman Chief Justice
of Uttarakhand HC: Justice Ritu Bahri was sworn in as the first
woman Chief Justice of the Uttarakhand High Court. She became the second
woman to hold such a position amongst the 25 high courts in the country. Last
year, Sunita Aggarwal, a judge of the Allahabad High Court, was appointed Chief
Justice of the Gujarat High Court. Prior to her appointment as the Chief
Justice of Uttarakhand, Justice Bahri served as a judge in the Punjab and
Haryana High Court from 2010.
INTERNATIONAL UPDATES:
1. Yemen appoints Ahmed Awad bin Mubarak as its new PM: Yemen's Presidential Leadership Council appointed its foreign minister
Ahmed Awad bin Mubarak as the country's new PM. Outgoing PM Maeen Abdulmalik
Saeed will take on the role of an advisor to the Chairman of the Presidential
Leadership Council. Bin Mubarak came to prominence in 2015 when he was
kidnapped by the country's Iran-aligned Houthis while he served as Yemen's
presidential chief of staff during a power struggle with then-President
Abd-Rabbu Mansour Hadi.
2. International Day of Zero Tolerance for Female Genital
Mutilation:6th Feb: International Day of Zero Tolerance for Female Genital Mutilation is a
United Nations-sponsored annual awareness day that takes place on February 6 as part of the UN's
efforts to eradicate female genital mutilation. The day creates awareness and
educates people on the consequences faced by girls who go through a genital
mutilation procedure. The theme for this year is ‘Partnership with men and boys
to transform social and gender norms to end FGM’.
3. El Salvador’s Bukele re-elected as president: President Nayib Bukele has secured a thumping victory in El Salvador’s elections after voters cast aside concerns
about erosion of democracy to reward him for a fierce gang crackdown that
transformed security in the Central American country. Bukele winning 83%
support with just over 70% of the ballots counted. As Bukele embarks on his
second term, addressing poverty and fostering economic growth remain paramount.
His initiatives, including the adoption of Bitcoin, aim to stimulate economic
activity and alleviate poverty, despite skepticism from international
observers.
OTHER UPDATES:
BANKING AND FINANCE
1. SBI’s Q3FY24 net profit drops 35.5% due to one-time provisions: State Bank of India (SBI) has reported a drop in net profit for the first time in 12 quarters, with its third quarter (Q3FY24) standalone net profit declining 35.5 per cent year-on-year (yoy) to ₹9,164 crore. As it absorbed one-time provisions relating to increase in pension liabilities and dearness relief neutralisation. India’s largest bank had reported a net profit of ₹14,205 crore in Q3 FY 2023. Capital adequacy ratio (CAR) declined to 13.05 per cent in Q3FY24 from 14.28 per cent in Q2FY24.
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