NATIONAL UPDATES:
1. ‘CleanMax teams up with Apple to drive renewable energy adoption in India: CleanMax, a leading renewable energy company, has partnered with tech giant Apple to accelerate the adoption of renewable energy solutions across India. Under this partnership, CleanMax has successfully installed 14.4 megawatts of rooftop solar installations spanning six industrial sites across the nation. These installations are forecasted to curtail approximately 207,000 tonnes of carbon dioxide (CO2) emissions throughout their operational lifespan.
INTERNATIONAL UPDATES:
1. Hindustan Zinc becomes 3rd largest silver producer globally: Vedanta group firm Hindustan Zinc has become the third largest producer of silver globally. As per a survey, its Sindesar Khurd Mine in Rajasthan now stands as the world’s second largest silver-producing mine, moving up from last year’s fourth spot. Silver plays a pivotal role in the global energy transition and Hindustan Zinc’s production growth of 5 per cent year-on-year is attributed to increased ore production and enhanced grades, reinforcing its status as a key player in the global silver market.
2. 8 Indians named in Time’s 100 Most Influential List 2024: Eight individuals of Indian descent, including Alia Bhatt, Ajay Banga, and Sakshi Malik, have been honoured in Time magazine’s prestigious list of the 100 most influential people of 2024. The list features a diverse array of leaders from various sectors, including finance, entertainment, technology, activism, and academia. The list includes politicians, business leaders, artists, icons, movie stars, athletes, and scientists who have made significant impact in their fields. The overall list contains four categories: Leaders, heroes, artists, and thinkers.
3. Nigeria becomes first country to roll out new meningitis vaccine: Nigeria has become the first country in the world to roll out the “revolutionary” new Men5CV vaccine against meningitis. Nigeria is one of the hotspots of the deadly disease in Africa. Last year, a 50% rise in annual cases was reported across 26 African countries regarded as meningitis hyperendemic countries, according to the WHO.
4. 19 April – World Liver Day: World Liver Day is observed every year on April 19. Objective – To create awareness about the significance of liver functions and prevention measures we should take to ensure that the liver is healthy Theme 2024 – Keep your liver healthy and disease-free In 2010, the European Association for the Study of the Liver (EASL) launched the first ever World Liver Day to commemorate the foundation day of EASL in 1966. Since then, April 19 has been celebrated as World Liver Day every year.
5. 19 April – World Jackal Day: World Jackal Day is observed every year on 19 April. World Jackal Day is an opportunity to raise awareness about the importance of protecting the habitat of jackals and to promote their conservation. The first World Jackal Day was celebrated in 2023, which is associated with an organization called Gold Schackel, which means golden jackal.
OTHER UPDATES:
DEFENCE
1. AFMS partnered with IIT Kanpur to Address Healthcare Challenges for Soldiers: The Armed Forces Medical Services (AFMS) has signed a Memorandum of Understanding (MoU) for collaborative research and training with Indian Institute of Technology (IIT) Kanpur. Under this MoU, AFMS and IIT Kanpur will team up to undertake research and develop new technologies to address health problems faced by soldiers in difficult terrains. IIT Kanpur will also provide technical expertise for developing AI diagnostic models, at Armed Forces Centre for Computational Medicine established in Armed Forces Medical College, which is first of its kind amongst medical colleges in India.
2. Vice Admiral Dinesh K Tripathi appointed as next Chief of Naval Staff: Vice-Admiral Dinesh Kumar Tripathi has been appointed the next Chief of Naval Staff. He is currently the Vice-Chief of the Navy, and will take over on superannuation of the current chief, Admiral R. Hari Kumar on April 30. Prior to taking over as Vice-Chief, he had served as Flag Officer, Commanding-in-Chief, and Western Naval Command. Born on May 15, 1964, Vice-Admiral Tripathi was commissioned on July 1, 1985 into the Executive Branch of the Indian Navy.
BANKING AND FINANCE
1. Adani infuses 8,339 crore in Ambuja Cements, raises stake to 70.3%: Billionaire Gautam Adani’s family infused an additional Rs 8,339 crore in Ambuja Cements, raising its stake in the company to 70.3 per cent, to help the cement maker’s manufacturing capacity. The Adani family previously invested Rs 5,000 crore in the company on October 18, 2022, and Rs 6,661 crore on March 28, 2024. The promoters of the company – Adani family – has fully subscribed to the warrants program in the company by further infusing Rs 8,339 crore, thereby infusing a total amount of Rs 20,000 crore.
2. SIDBI inks MOU with Jeevika Bihar, UMED Maharashtra to extend Prayaas to rural livelihood mission: Small Industries Development Bank of India (SIDBI) in association with Women’s World Banking (WWB) has signed an MoU with Jeevika, Bihar State Rural Livelihoods Mission (SRLM) and UMED, Maharashtra-SRLM to extend Prayaas scheme to SHG individual women through cluster level federations (CLFs). This partnership will help in unlocking the potential of CLFs and will establish a new and scalable credit distribution ecosystem. SIDBI in the pilot phase will partner 35-40 CLFs across Bihar and Maharashtra with a target of serving affordable credit of up to`Rs 2 lakh to 5,000 women entrepreneurs.
3. IMF Raises India’s GDP Growth Projection to 6.8% for FY 2024-25: The International Monetary Fund (IMF) has raised India’s growth forecast for 2024-25 to 6.8% from 6.5% on the back of strong domestic demand and a rising working-age population. The Reserve Bank of India, the country’s central bank, estimates the economy to grow at 7% in the current financial year that started on April 1. The IMF estimates Asia’s third-largest economy’s gross domestic product to grow at 6.5% in the next financial year.
AWARDS AND HONOURS
1. Ram Charan awarded honorary doctorate in literature from Vels University: Ram Charan has been conferred with an honorary doctorate from the prestigious Vels University in Chennai. He was also a chief guest at the graduation ceremony. Previous recipients of this recognition have been Finance Minister Nirmala Sitharaman, director Shankar and others. Ram Charan debuted in 2007 with Chirutha. Since then, he has given several successful films over the course of his career, including Magadheera, Yevadu and Dhruva.
2. STT GDC India Earns Frost & Sullivan’s 2023 Indian Company of the Year Award: Frost & Sullivan researched the data center colocation services industry and, based on its findings, recognizes STT GDC India with the 2023 Indian Company of the Year Award. STT GDC India is a pioneer data center solutions provider that delivers cutting-edge solutions and services, with a strong emphasis on environmental sustainability and technological innovation. STT GDC India stands out through its commitment to establishing long-term, sustainable business practices, with a strong focus on building and operating environmentally sustainable data centers.
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