Daily Current Affairs 10th Sept, 2024

Daily Current Affairs 10th Sept, 2024: Your guide for daily General Knowledge Preparation

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This post contains important current affairs of 10th Sept, 2024. It includes all Major National, International, Business and Sports related current affairs of 10th Sept, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 10th Sept, 2024 Current affairs test.

National News

India Becomes World’s Second-Largest 5G Smartphone Market

• In a noteworthy development for the global telecommunications sector, Counterpoint Research has announced that India has overtaken the United States to become the second-largest market worldwide for 5G smartphones.
• This milestone highlights India’s swift technological growth and the surging demand for fast, high-speed internet connectivity across the country.

Amit Shah Re-Elected as Chairperson of the Parliamentary Committee on Official Language

• Union Home Minister and Minister of Cooperation, Shri Amit Shah, has been re-elected as the Chairperson of the Parliamentary Committee on Official Language through a unanimous vote.
• Following the establishment of the new government, the committee convened in New Delhi to reorganize itself, resulting in Shah’s re-election.
• He had previously held this position from 2019 to 2024.
• Shah conveyed his appreciation for the unanimous backing and shared his vision for the role of Hindi in governmental and educational settings.

State News

World Trade Centre to Be the Focal Point of Ambitious AI City Near Hyderabad

• In a major move to position itself as a global leader in AI innovation, the Telangana government has signed a Memorandum of Understanding (MoU) with the World Trade Centres’ Association to develop a World Trade Centre (WTC) as part of the proposed AI City near Hyderabad.
• This initiative underscores Telangana’s commitment to promoting innovation, attracting international investment, and becoming a hub for artificial intelligence and emerging technologies.

World’s First Asian King Vulture Conservation Center Inaugurated in Uttar Pradesh

On September 6, 2024, Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the Jatayu Conservation and Breeding Centre in Bharivaisi, located within the Campierganj Range of the Gorakhpur Forest Division.

This facility, the first of its kind worldwide, is dedicated to the conservation and breeding of the Asian King Vulture, also known as the red-headed vulture.

It represents a significant achievement in wildlife conservation efforts.

Banking News

RBI Fines Godrej Housing, HUDCO, and Aadhar Housing Finance

• The Reserve Bank of India (RBI) has imposed fines on three Non-Banking Financial Companies (NBFCs) for non-compliance with its guidelines concerning housing finance companies.
• Specifically, Godrej Housing Finance Limited and Aadhar Housing Finance Limited were each fined Rs 5 lakh, while the Housing and Urban Development Corporation Limited (HUDCO) received a penalty of Rs 3.5 lakh.

RBL Bank Partners with Indian Oil Corporation to Launch New Credit Card

• Private sector bank RBL has introduced a new credit card in partnership with Indian Oil Corporation, dubbed the ‘Xtra Credit Card.’
• This initiative is part of RBL Bank’s strategy to expand its credit card portfolio moderately and increase customer engagement.
• The announcement comes at a time when the Reserve Bank of India is closely monitoring the rapid expansion of the more risky unsecured credit sector.

Economy News

July 2024 Consumer Price Index for Industrial Workers Released

• The Labour Bureau, under the Ministry of Labour & Employment, has published the Consumer Price Index for Industrial Workers (CPI-IW) for July 2024.
• The index increased by 1.3 points, reaching 142.7. Year-on-year inflation for July 2024 stood at 2.15%, down from 7.54% in July 2023.
• For reference, June 2024’s inflation rate was 3.67%, compared to 5.57% in June 2023.

Agreements News

India and UAE Sign Landmark Agreement on Civil Nuclear Energy Cooperation

• India and the United Arab Emirates have signed a landmark Memorandum of Understanding (MoU) concerning civil nuclear energy cooperation during Sheikh Khalid bin Mohamed bin Zayed Al Nahyan’s visit to New Delhi.
• The agreement, involving the Nuclear Power Corporation of India Limited (NPCIL) and the Emirates Nuclear Energy Corporation (ENEC), marks a historic enhancement of bilateral ties and reflects a shared commitment to peaceful nuclear energy.

Defence News

India-USA Joint Military Exercise YUDH ABHYAS-2024 Begins

• The 20th edition of the India-USA Joint Military Exercise, YUDH ABHYAS-2024, commenced on September 9, 2024, at the Foreign Training Node in Mahajan Field Firing Ranges, Rajasthan.
• This annual event, alternately hosted by India and the USA since 2004, is scheduled to continue until September 22, 2024, featuring increased scale and complexity compared to previous exercises.

Indian Army and IAF Collaborate with Gati Shakti Vishwavidyalaya for Logistics Training

• On September 9, 2024, the Indian Army and Indian Air Force (IAF) signed a Memorandum of Understanding (MoU) with Gati Shakti Vishwavidyalaya in Vadodara.
• This partnership is intended to strengthen the logistics skills of their personnel, in alignment with the PM Gati Shakti National Master Plan (2021) and the National Logistics Policy (2022).
• The MoU was signed in New Delhi in the presence of Defence Minister Shri Rajnath Singh and Railways Minister Shri Ashwini Vaishnaw.

Schemes News

Five Years of Success for the Pradhan Mantri Kisan Maandhan Yojana (PM-KMY)

Launched on September 12, 2019, the Pradhan Mantri Kisan Maandhan Yojna (PM-KMY) has successfully provided social security to small and marginal farmers across India.

This voluntary, contributory pension scheme offers a fixed monthly pension of Rs. 3,000 to farmers upon reaching the age of sixty.

The scheme requires farmers to make monthly contributions, which are matched by the central government.

Awards News

Indian Cities Lauded for Air Quality Improvement in Swachh Vayu Survekshan 2024

• Several Indian cities have been recognized for their efforts in reducing air pollution through the National Clean Air City Awards, which were presented during the Swachh Vayu Survekshan 2024 event.
• The awards ceremony, part of a national workshop held on the International Day of Clean Air for Blue Skies in Jaipur, acknowledged the impressive strides made by cities in improving their air quality.

Sports News

Complete List of Winners from the 2024 US Open

• The 2024 US Open concluded on September 8, 2024, at Flushing Meadows, New York, with significant victories in both the men’s and women’s singles tournaments.
• Italy’s Jannik Sinner and Belarus’ Aryna Sabalenka secured their first US Open titles, continuing their respective success in Grand Slam competitions.

Harvinder Singh and Preeti Pal Selected as Flag Bearers for Paralympics Closing Ceremony

• Gold medal-winning archer Harvinder Singh and sprinter Preeti Pal have been chosen to represent India by carrying the national flag at the closing ceremony of the Paris Paralympics.
• Their selection honors their achievements and symbolizes the rising global prominence of Indian para-athletes.

Yogasana to Feature as Demonstration Sport in 2026 Asian Games

• In a significant development, Yogasana has been added as a demonstration sport in the 2026 Asian Games, set to be held in Aichi-Nagoya, Japan.
• This marks a milestone for the recognition of yoga as a competitive discipline in international sporting events.