Daily Current Affairs 24th Nov, 2024

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Daily Current Affairs 24th Nov, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 24th Nov, 2024. It includes all Major National, International, Business and Sports related current affairs of 24th Nov, 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 24th Nov, 2024 Current affairs test.

INTERNATIONAL NEWS

Kenya Cancels Major Agreements with Adani Group Post US Legal Charges

  • Kenya’s President has annulled major agreements with the Adani Group following accusations of bribery and fraud against Gautam Adani in the United States.
  • Terminated Deals:
    • Airport Expansion Project: The Adani Group was in discussions to revamp Nairobi’s primary airport, including constructing a new terminal and runway. The proposed agreement would have granted the group operational control of the airport for 30 years.

NATIONAL NEWS

India Introduces $5 Billion Incentive Program to Strengthen Electronics Component Manufacturing

  • The Indian government is planning a $5 billion initiative to boost domestic production of critical electronics components, such as printed circuit boards (PCBs).
  • The move aims to reduce dependence on imports, particularly from China, and build a self-reliant, globally competitive electronics manufacturing ecosystem.

Prime Minister Narendra Modi Speaks at News 9 Global Summit in Germany

  • Prime Minister Narendra Modi addressed the News 9 Global Summit held in Stuttgart, Germany, via video link.
  • Jointly organized by TV9 India, A.U. Stuttgart, and Baden-Württemberg, the summit emphasized strengthening India-Germany relations under the theme, “India-Germany: A Roadmap for Sustainable Growth.”

BANKING NEWS

RBI Injects ₹25,000 Crore into Banking System via Variable Rate Repo Auction

  • To ensure liquidity and avoid higher borrowing costs for banks, the Reserve Bank of India (RBI) infused ₹25,000 crore through a variable rate repo auction (VRR).

RBI Hosts Global South Policy Conference with Delegates from 18 Countries

  • The RBI held a high-profile conference as part of its 90th-anniversary celebrations, focusing on central banks in the Global South.
  • The event was attended by senior officials and governors from central banks across 18 nations.

UPI 123Pay Transaction Limit Increased to ₹10,000 for Feature Phone Payments

  • The RBI has raised the upper transaction limit for UPI 123Pay from ₹5,000 to ₹10,000. This development allows users of feature phones to make higher-value digital payments seamlessly.

BUSINESS NEWS

DGGI Collaborates with RBI and Banks to Monitor Offshore Online Gaming Transactions in Real-Time

  • The Directorate General of GST Intelligence (DGGI), along with the Reserve Bank of India (RBI) and commercial banks, is setting up a system to track real-time transactions of offshore online gaming firms.
  • The initiative aims to address tax evasion issues in the online gaming sector effectively.

SPORTS NEWS

Sony Pictures Networks Secures ACC Media Rights for $170 Million (2024–2031)

  • Sony Pictures Networks India (SPNI) has acquired exclusive media rights for all Asian Cricket Council (ACC) tournaments for the 2024–2031 cycle.
  • The deal, valued at $170 million, reflects a 70% increase compared to the previous contract and was finalized without competitive bidding, a rarity in cricket’s competitive media rights market.

DEFENCE NEWS

Bharat NCX 2024: Advancing India’s Cybersecurity Infrastructure

  • The National Cyber Security Exercise (Bharat NCX 2024) was launched at a prominent event organized by the National Security Council Secretariat (NSCS) in collaboration with Rashtriya Raksha University (RRU) in New Delhi.
  • This initiative aims to bolster India’s cybersecurity defenses and improve strategic decision-making capabilities nationwide.

SCIENCE & TECHNOLOGY

IIT Bombay Develops AroTrack, an Affordable Pollutant Detection Device

  • Researchers at the Indian Institute of Technology Bombay (IIT Bombay) have unveiled AroTrack, a cost-efficient and portable device designed to detect harmful pollutants, including phenol and benzene, in water.

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