Daily Current Affairs of 05th January 2024 in English

Introduction:

Daily Current Affairs of 05th January 2024, witnessed a series of significant events across various domains, ranging from infrastructure development to geopolitical concerns, cultural celebrations, and scientific discoveries. Here's an in-depth look at the noteworthy occurrences of the day.

Top Current Affairs and News Headlines – January 05, 2024

National News:

68 Rajya Sabha Members, Including Notables Like Manmohan Singh And Jaya Bachchan, Set To Retire In 2024:

In the upcoming year, the political landscape in India is poised for a significant shift as 68 Rajya Sabha members, nine of whom are Union ministers, face retirement, intensifying the race for coveted six-year terms in the Upper House of Parliament. In April, a total of 57 leaders, a prominent among them being former Prime Minister Manmohan Singh and several incumbent ministers, will complete their tenures. Uttar Pradesh will witness the highest number of vacancies, with 10 seats up for grabs, followed by Maharashtra and Bihar with six each. Other states in the fray include Madhya Pradesh, West Bengal, Karnataka, Gujarat, Odisha, Telangana, Kerala, Andhra Pradesh, Jharkhand, Rajasthan, Uttarakhand, Himachal Pradesh, Haryana, and Chhattisgarh.

State News:

Punjab Becomes First State To Map All Accident Prone Sites:

Punjab has become the first in India to meticulously map all 784 accident black spots using the Mappls App, a cutting-edge navigation system developed by MapMyIndia. In a strategic move, the Punjab Police has teamed up with MapMyIndia to integrate real-time traffic updates and alerts into the Mappls App. This collaboration aims to provide citizens with crucial information about black and blind spots, ensuring a safer driving experience.

Defence News:

Boosting Indigenous Defence Production:

Centre Inks Two Crucial Deals Worth Rs 802 Crore: In a significant move towards self-reliance in defence manufacturing, the Ministry of Defence has finalized two pivotal contracts, collectively valued at Rs 802 crore. The agreements include the procurement of 697 Bogie Open Military (BOM) Wagons and 56 Mechanical Minefield Marking Equipment (MMME) Mark II from domestic firms. The contracts, signed with M/s Jupiter Wagons Limited and M/s BEML Ltd, underscore the commitment to Atmanirbhar Bharat, with both deals emphasizing the utilization of indigenous equipment and sub-systems.

Economy News:

Record FPI Purchases Drive Indian Equities To All-Time Highs In December:

Foreign Portfolio Investors (FPI) made historic monthly acquisitions of Indian equities, reaching 661.35 billion rupees ($8 billion) in December, according to National Securities Depository data. This surge catapulted India’s Nifty 50 and Sensex benchmarks to fresh record highs. The first half of December alone witnessed a record fortnightly purchase of shares worth 427.33 billion rupees, attributed to lower U.S. bond yields and expectations of Federal Reserve interest rate cuts.

Business News:

Adidas To Set Up Its First Asia GCC Outside China In Tamil Nadu:

Adidas, the renowned athletic footwear and apparel giant, is making strategic moves to enhance its global operations by establishing its first and only Global Capacity Centre (GCC) in Asia outside of China. The German corporation, headquartered in Herzogenaurach, Bavaria, is set to establish its Global Business Services (GBS) hub in Chennai. This move signifies a pivotal step for Adidas, as the Chennai facility becomes the first GCC outside of China in Asia.

Schemes News:

Ministry Of Education Launches PRERANA Program:

The Department of School Education & Literacy, Ministry of Education, proudly presents Prerana: An Experiential Learning program. This unique initiative aims to empower students of classes IX to XII with leadership qualities and provide them with a meaningful, unique, and inspiring experience.

PM Modi Launched PRITHVI VIGYAN Scheme Worth Nearly 4,800 Crore Rupees:

The Indian government, under the leadership of Prime Minister Shri Narendra Modi, has launched an ambitious initiative named PRITHVI (PRITHvi VIgyan), a comprehensive scheme by the Ministry of Earth Sciences. With a significant budget of Rs. 4,797 crore, the program spans from 2021-26, marking a new era in the study and understanding of Earth sciences in India.

Amit Shah Launches Tur Dal Procurement Portal For Farmers:

Union Cooperation Minister Amit Shah inaugurated a tur dal procurement portal, enabling farmers to register and sell their produce to the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) and the National Cooperative Consumers’ Federation of India Limited (NCCF).

Summits & Conferences News:

Anurag Thakur Attends Youth Dialogue Program On Theme ‘My Bharat Mera Yuva Bharat’:

Union Information and Broadcasting Minister Anurag Thakur addressed a youth dialogue program organized by Nehru Yuva Kendra on the theme ‘My Bharat Mera Yuva Bharat’ at Malala Auditorium in Diu. Thakur emphasized the importance of channeling the energy of the nation’s youth towards nation-building.

Agreements News:

Nepal To Export 10,000 MW Of Power To India In Next 10 Years:

India and Nepal solidified their commitment to a long-term energy partnership with the signing of an agreement for the export of 10,000 MW of power to India over the next 10 years. In addition to the power export agreement, a Memorandum of Understanding (MoU) for cooperation in renewable energy was signed between the Nepal Electricity Authority and India’s National Thermal Power Corporation Limited.

REC Invests Rs. 35,000 Cr In Multi-Modal Projects With Rail Vikas Nigam For 5 Years:

REC Limited, a prominent Maharatna Central Public Sector Enterprise established in 1969 under the Ministry of Power, has recently entered into a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL).

Appointments News:

Shashi Singh Appointed As New President Of AIRIA:

The All India Rubber Industries Association (AIRIA) has recently announced a significant leadership change. Shashi Singh has been elected as the new President, succeeding Ramesh Kejriwal. Alongside Singh, Zafar Ahmed, the Managing Director of New India Rubber Works Pvt Ltd, has been elected as the senior vice-president for 2023-24. In addition, Indra Parekh takes on the role of vice president.

Canara Bank CGM P Santhosh Appointed As MD Of NARCL:

P Santhosh, Chief General Manager at Canara Bank, has been appointed as the Managing Director of National Asset Reconstruction Company (NARCL) with effect from January 5, succeeding Natarajan Sundar, who resigned from the post.

Vice Admiral Dinesh Tripathi Appointed As Vice Chief Of Navy:

On January 4, 2024, Vice Admiral Dinesh K Tripathi, AVSM, NM, officially took over as the Vice Chief of the Naval Staff, succeeding in a distinguished naval career.

Awards News:

Bengali Writer Shirshendu Mukyopadhyaya Receives 2023 Kuvempu Award:

Renowned Bengali writer Shirshendu Mukhopadhyay has been awarded the 2023 Kuvempu Rashtriya Puraskar. The national award celebrates writers who have made significant contributions to any Indian language.

Hero MotoCorp’s Facility Wins CII National Award For Water Management:

Hero MotoCorp, the world’s largest two-wheeler manufacturer, has made significant waves in water conservation, bagging the CII National Award for Excellence in Water Management and setting an ambitious goal to become 500% water positive by 2025.

Prof. Adrian Cruise Receives ‘Order Of The British Empire’ For Space Science Leadership:

The New Year Honours list for 2024 has acknowledged the outstanding contributions of Professor Adrian Michael Cruise, a leading figure in space science research, particularly known for his role in the Gravitational Wave Research Group at the University of Birmingham.

Miscellaneous News:

10th Century Kadamba Inscription Written In Kannada, Sanskrit Found In Goa:

In a remarkable archaeological discovery, an inscription dating back to the 10th century A.D. has been found in the Mahadeva temple at Cacoda in southern Goa. The inscription, written in both Kannada and Sanskrit, sheds light on a historical episode during the Kadamba period, providing valuable insights into the region’s past.