Daily Current Affairs 13th Oct, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 13th Oct, 2024. It includes all Major National, International, Business and Sports related current affairs of 13th Oct, 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 13th Oct, 2024 Current affairs test.
BANKING & FINANCE
Non-Banking Financial Companies Raise ₹3.23 Trillion from Domestic Debt Market in H1FY25
Non-Banking Financial Companies (NBFCs), including government-owned finance entities and refinancing institutions, raised over ₹3.2 trillion from the domestic debt capital market during the first half of FY25 (April to September 2024). The highest amount for the fiscal year, totaling ₹74,507 crore, was secured in September 2024 alone, marking the second highest in the calendar year.
Reserve Bank of India Approves Bond Buyback Bids Worth ₹24,453 Crore
The Reserve Bank of India (RBI) accepted bids amounting to ₹24,453.3 crore in a buyback auction of government securities, against a notified amount of ₹25,000 crore. Banks’ bids were more than double the notified sum, reflecting strong market interest. This auction has been one of the most successful since the RBI resumed buybacks in May 2024, after a six-year pause.
Citigroup and Mastercard Collaborate for 24/7 Cross-Border Debit Card Payments
Mastercard and Citigroup have partnered to offer round-the-clock cross-border payments via debit cards. Citigroup is the first global bank to implement Mastercard’s Move service, enabling transactions like insurance claims, airline refunds, and e-commerce payments. This collaboration aims to streamline international transactions, allowing clients to operate without concerns about borders or currency differences.
NATIONAL NEWS
Ratapani Wildlife Sanctuary Set to Become Madhya Pradesh’s Eighth Tiger Reserve
The Ratapani Wildlife Sanctuary, situated near Bhopal, is on the verge of being declared Madhya Pradesh’s eighth tiger reserve. This will also be the first tiger reserve in India located close to a capital city.
INTERNATIONAL NEWS
12th India-UAE High-Level Joint Task Force on Investments Held in Mumbai
The 12th meeting of the India-UAE High-Level Joint Task Force on Investments (HLJTFI) was convened in Mumbai. The task force, co-chaired by India’s Commerce and Industry Minister Piyush Goyal and His Highness Sheikh Hamed bin Zayed Al Nahyan, Managing Director of the Abu Dhabi Investment Authority (ADIA), focuses on strengthening trade, investment, and economic ties between the two nations. Established in 2013, the HLJTFI has been instrumental in fostering economic cooperation.
STATE NEWS
Maharashtra Cabinet Recommends Bharat Ratna for Ratan Tata
The Maharashtra state cabinet, led by Chief Minister Eknath Shinde, passed a resolution recommending that the Central Government award the Bharat Ratna, India’s highest civilian honor, to industrialist Ratan Tata.
BUSINESS NEWS
Indian Oil Hosts Indane XTRATEJ HORECA Harmony Meet in Kolkata
Indian Oil Corporation organized the Indane XTRATEJ HORECA Harmony Meet at the JW Marriott Hotel in Kolkata, which brought together key figures from the hospitality sector, including hoteliers, restaurateurs, and caterers. Master Chef Sanjeev Kapoor, the brand ambassador for Indane XTRATEJ, was the chief guest at the event.
AWARDS AND HONOURS
Nihon Hidankyo Awarded 2024 Nobel Peace Prize for Anti-Nuclear Advocacy
The Norwegian Nobel Committee awarded the 2024 Nobel Peace Prize to Nihon Hidankyo, a Japanese organization representing the survivors of the atomic bombings of Hiroshima and Nagasaki. The prize acknowledges their tireless efforts to promote a nuclear-free world and their poignant testimonies on the devastating impacts of nuclear warfare.
APPOINTMENTS & RESIGNATIONS
Noel Tata Appointed Chairman of Tata Trusts Following Ratan Tata’s Death
Noel Tata, the half-brother of Ratan Tata, has been appointed Chairman of Tata Trusts after the passing of Ratan Tata at age 86 in a Mumbai hospital. Tata Trusts holds a 66% stake in Tata Sons, the parent company of various businesses under the Tata Group, which has a 150-year history. Noel Tata’s appointment is considered significant given his leadership role in this legacy institution.
Bandhan Bank Shares Surge After RBI Approves Partha Sengupta as New CEO
Following the Reserve Bank of India’s (RBI) approval, Partha Pratim Sengupta was appointed as the Managing Director and Chief Executive Officer of Bandhan Bank for a three-year term, starting November 10, 2024. His appointment follows the retirement of Chandra Shekhar Ghosh in July 2024. Sengupta previously held senior positions at State Bank of India and served as the CEO and MD of Indian Overseas Bank between 2020 and 2022. Bandhan Bank shares rose 10% after the announcement.
SCIENCE & TECHNOLOGY
IIT Madras and Hindustan Zinc Collaborate on Zinc-Air Battery Technology
Hindustan Zinc Limited has partnered with IIT Madras to develop a 1 kWh electrically rechargeable zinc-air battery prototype. The collaboration marks significant progress in zinc-based battery technology, utilizing zinc’s abundance, cost-effectiveness, and safety to create sustainable energy storage solutions.
RANKING AND INDEX
Forbes Releases 2024 ‘India’s 100 Richest’ List, Wealth Crosses $1 Trillion
Forbes unveiled its 2024 list of ‘India’s 100 Richest,’ marking a milestone as the total wealth surpassed $1 trillion.
- Mukesh Ambani leads the list with $119.5 billion (Reliance Industries)
- Gautam Adani and family follow with $116 billion, recording the largest increase, adding $48 billion
- Savitri Jindal remains India’s richest woman with $43.7 billion
- Shiv Nadar, Dilip Shanghvi, Radhakishan Damani, and Sunil Mittal are also on the list, along with several other prominent business families.
MOUS AND AGREEMENTS
Bihar Government Signs MoU with NASSCOM to Strengthen IT Sector
The Bihar government has signed an MoU with the National Association of Software and Service Companies (NASSCOM) to enhance the state’s IT sector. The agreement aims to boost the state’s IT policy and investment potential. The signing was attended by Bihar IT Minister Santosh Kumar Suman and NASSCOM’s Srikanth Srinivasan and Nirupam Choudhary.
SPORTS NEWS
IPS Officer Anita Roy Wins Gold at Commonwealth Bench Press Competition
Senior Superintendent of Police (SSP) Anita Roy of Puducherry made history by becoming the first IPS officer to win a gold medal at the Commonwealth International Classic Bench Press Competition. The event, held in Sun City, South Africa, saw the 46-year-old lift 70 kg, surpassing competitors from 43 countries.
IMPORTANT DAYS
International Day for Disaster Risk Reduction: October 13
The International Day for Disaster Risk Reduction was observed on October 13, 2024. Initially established by the UN General Assembly in 1989 as the International Day for Natural Disaster Reduction, it was later renamed in 2009 to highlight efforts aimed at minimizing disaster risks globally.
