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Thursday, March 21, 2024

Daily GK Update- 21st Mar, 2024

 

NATIONAL UPDATES:

 

1. Kiren Rijiju Gives Additional Charge Of Ministry Of Food Processing Industry: Union Minister Kiren Rijiju has been given an additional charge of the Ministry of Food Processing Industries after Union Minister and Rashtriya Lok Janshakti Party Chief Pashupati Kumar Paras resigned from the Union Cabinet yesterday. The President’s office said that President Droupadi Murmu has accepted the resignation of Mr.Paras with immediate effect. Mr Rijiju is currently holding the charge of the Ministry of Earth Sciences.

 

2. India’s 1st Battery Energy storage GigaFactory to be launched in J&K: GoodEnough Energy will start operations at India’s first battery energy storage gigafactory in the northern region of Jammu and Kashmir by October. The facility will help industry in cutting more than 5 million tons of carbon emissions in a year. GoodEnough has already spent 1.5 billion rupees ($18.07 million) on the 7 gigawatts per hour (GWH) facility and will spend 3 billion rupees by 2027 to raise capacity to 20 GWH. Battery energy storage projects are critical to India’s ambitious plan to expand its renewable energy capacity to 500 gigawatts (GW) by 2030, from 178 GW at present. India has set a 2070 goal for becoming net zero.

 

3. Kumar Venkatasubramanian appoints as CEO of P&G India: Leading FMCG maker P&G India has appointed Kumar Venkatasubramanian as CEO of the company, with effect from 1 May 2024. The current CEO, L V Vaidyanathan will leave the company to pursue personal interests after 28 years of service. Kumar is currently leading the P&G business in Australia and New Zealand as CEO. Before the Australia role, Kumar was leading sales team in P&G India until 2020.

 

INTERNATIONAL UPDATES:

 

1. World Forestry Day 2024: 21st March: World Forestry Day is celebrated on March 21 each year to promote the sustainable management, conservation, and development of all types of forests for the benefit of current and future generations. It was established by the United Nations General Assembly in 2012 to raise awareness about the importance of forests and trees. The theme for World Forestry Day 2024 is “Forests and innovation: new solutions for a better world.”

 

2. Ireland’s PM Leo Varadkar announces resignation: Ireland’s Prime Minister Leo Varadkar says he is stepping down as the leader of the governing Fine Gael party. In the surprise announcement Varadkar said he would also relinquish his role as prime minister as soon as a successor is chosen.

Varadkar, whose mother is Irish and father is Indian, was also Ireland’s first biracial prime minister.

 

3. International Day for the Elimination of Racial Discrimination 2024: The International Day for the Elimination of Racial Discrimination (IDERD), observed every March 21, brings the world community together to increase its efforts in the elimination of all forms of racial discrimination and racism. This day reminds us about the negative consequences of racial discrimination. The theme for 2024 is “A Decade of Recognition, Justice, and Development: Implementation of the International Decade for People of African Descent”.

 

4. World Happiness Report – India ranks 126th; topped by Finland: The 2024 World Happiness Report has been released, with Finland as the happiest country for the seventh consecutive year.

India ranked 126 out of the 143 countries Denmark and Iceland retain their positions at second and third place, respectively, with Sweden following closely at fourth. Notably, Costa Rica and Lithuania have broken into the top 20 list for the first time, securing ranks 12 and 19, respectively.

Afghanistan retained its status as the unhappiest country in the world for yet another year. Joining Afghanistan at the bottom of the list are Lebanon, Lesotho, Sierra Leone, and Congo.

 

5. Vinay Kumar appointed Indian Ambassador to Russia: Vinay Kumar, an Indian Foreign Service officer of the 1992 batch, has been named as the next Ambassador of India to Russia. Kumar currently holds the position of Ambassador of India to Myanmar. Russia, where elections were held recently, has been a longstanding partner of India, with diplomatic ties between the two countries serving as a cornerstone of India’s foreign policy.

 

6. 20 March – World Oral Health Day: World Oral Health Day is celebrated every year on March 20. Objective – To spread awareness around oral health and its intricate link with your overall health. Theme 2024 – A Happy Mouth is A Happy Body World Oral Health Day was first celebrated September 12, 2007, on the birthday of FDI founder Dr Charles Godon. It was organised by the FDI World Dental Federation to raise global awareness around importance of oral health and hygiene.

 

7. 21 March – World Poetry Day: World Poetry Day is celebrated on every year on 21 March. This day is dedicated to poetry and the celebration of literature in all forms. It is a time to recognize the importance of poetry in society and to promote its usage as a means of expression and communication. Theme 2024 – Standing on the Shoulders of Giants

 

OTHER UPDATES:

 

SPORTS

 

1. Rituraj Gaekwad appointed new skipper of CSK: The IPL franchise Chennai Super Kings (CSK) has appointed Ruturaj Gaikwad as its new captain with Mahendra Singh Dhoni stepping down as the skipper. The announcement will be a shocker for CSK fans as the IPL franchise won five IPL titles under Dhoni's captaincy and he earned the title of 'Thalaiva' (Tamil for leader). Ruturaj made his debut in the IPL format in 2020, and quickly made an strong impression. He was retained by CSK in 2022 edition for Rs 6 crore

BANKING AND FINANCE

 

1. Gross Direct Tax collections for FY 2023-24 register a growth of 18.74%: The provisional figures of Direct Tax collections for the Financial Year 2023-24 (as on 17.03.2024) show that Net collections are at Rs. 18,90,259 crore, compared to Rs. 15,76,776 crore in the corresponding period of the preceding Financial Year (i.e. FY 2022-23), representing an increase of 19.88%. The Net Direct Tax collection of Rs. 18,90,259 crore (as on 17.03.2024) includes Corporation Tax (CIT) at Rs. 9,14,469 crore (net of refund) and Personal Income Tax (PIT) including Securities Transaction Tax (STT) at Rs. 9,72,224 crore (net of refund).

 

2. Airtel PB partners with Noise and Mastercard to unveil ‘A New Way To Pay’: Airtel Payments Bank has partnered with Noise, India’s premier wristwatch brand, and Mastercard, a worldwide payments technology business, to launch A New Way to Pay. The institutions have collaborated to create the Bank’s Airtel Payments Bank Smart Watch, which aims to revolutionise contactless payments by redefining and making them more accessible to a wider user base. These smartwatches, built by Noise and powered by Airtel Payments Bank, will improve Tap and Pay capabilities and the user experience by introducing the convenience of contactless payments via smart wearables.

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