Daily Current Affairs 29th Dec, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 29th Dec, 2024. It includes all Major National, International, Business and Sports related current affairs of 29th Dec, 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 29th Dec, 2024 Current affairs test.
National News
IIT Bombay Develops Needle-Free Shock Syringe for Painless Drug Delivery
- Researchers from the Department of Aerospace Engineering at IIT Bombay, led by Viren Menezes, have introduced a groundbreaking innovation—a needle-free shock syringe for drug administration.
- This development seeks to revolutionize the medical field by offering a painless and more effective alternative to traditional needle-based injections, addressing common challenges like discomfort and inefficiency.
UK Universities Plan Campuses in Gujarat’s GIFT City
- Queen’s University Belfast and Coventry University, two leading UK-based institutions, have submitted applications to establish international campuses within Gujarat’s GIFT City.
- This initiative aligns with India’s progressive outlook on higher education, supported by relaxed policies that encourage international collaborations, reflecting the nation’s growing appeal as an education hub.
PM Modi Chairs 45th PRAGATI Meeting, Reviews Projects Worth ₹1 Lakh Crore
- Prime Minister Narendra Modi chaired the 45th meeting of PRAGATI (Pro-Active Governance and Timely Implementation), emphasizing the importance of prompt grievance resolution and efficient project execution.
- The meeting focused on eight critical infrastructure projects across various sectors, with a combined investment exceeding ₹1 lakh crore, highlighting the government’s commitment to timely development.
India’s Defence Sector Achieves Record-Breaking Performance in FY 2023-24
- India’s defence sector witnessed remarkable growth during the fiscal year 2023-24, with significant strides in both exports and domestic production.
- This accomplishment underlines India’s growing self-reliance and enhanced capabilities in the defense manufacturing space.
International News
Thailand to Launch E-Visa System for Indian Nationals by January 2025
- The Royal Thai Embassy in New Delhi has confirmed the introduction of an Electronic Visa (e-Visa) system for Indian citizens, set to be operational from January 1, 2025.
- This initiative aims to streamline the visa application process, making it more accessible and efficient for Indian travelers.
Banking News
RBI Approves UPI Transactions for Prepaid Payment Instrument (PPI) Users
- The Reserve Bank of India (RBI) has allowed users of full-KYC Prepaid Payment Instruments (PPIs) to conduct Unified Payments Interface (UPI) transactions through third-party mobile applications.
- As per the RBI’s April 2024 Statement on Development and Regulatory Policies, this facility is exclusive to full-KYC PPIs, enhancing digital payment options for users.
Sri Lanka’s Central Bank Fines Indian Bank ₹5.8 Lakh
- The Financial Intelligence Unit of Sri Lanka’s Central Bank imposed a fine of LKR 2 million (approximately ₹5.8 lakh) on Indian Bank for failing to comply with the Financial Transactions Reporting Act (FTRA) No. 6 of 2006.
- This penalty highlights the importance of adhering to stringent financial reporting regulations in international banking.
Sports News
Salman Khan Named Brand Ambassador for Kho Kho World Cup 2025
- Bollywood superstar Salman Khan has been appointed the brand ambassador for the inaugural Kho Kho World Cup, which will be held in New Delhi from January 13 to 19, 2025.
- The Kho Kho Federation of India (KKFI) announced this collaboration to boost the sport’s global visibility.
Sachin Tendulkar Honored with Honorary Cricket Membership by MCC
- Legendary cricketer Sachin Tendulkar was conferred with an Honorary Cricket Membership by the Melbourne Cricket Club (MCC), recognizing his unparalleled contribution to cricket.
- MCC, one of the oldest and most esteemed sports clubs in Australia, shared the announcement on social media, celebrating Tendulkar’s illustrious career.
Science & Technology News
TARANG: Advanced 64-Bit System for High Uptime Operations
- TARANG is a cutting-edge 64-bit computing system designed for multi-tasking, multi-programming, and multi-user environments. It is equipped to maintain 99.5% uptime with robust redundancies, ensuring minimal operational disruptions.
- Its technical support features include diesel generators, UPS systems, batteries, multiple utility paths, and advanced safety measures like earthing pits and high-quality cables.
Defence News
Indian Army Participates in India-Nepal Joint Military Exercise ‘Surya Kiran’
- The Indian Army has dispatched a contingent of 334 personnel for the 18th edition of Exercise SURYA KIRAN, a collaborative military exercise with the Nepalese Army.
- The contingent is led by a battalion from the 11th Gorkha Rifles, aiming to strengthen bilateral military cooperation.
Indian Navy Inducts Indigenous Warships ‘Surat’ and ‘Nilgiri’
- The Indian Navy has added two indigenous warships to its fleet: the destroyer Yard 12707 (Surat) and the frigate Yard 12651 (Nilgiri).
- Designed and built by the Warship Design Bureau and Mazagon Dock Shipbuilders Ltd. (MDL), these vessels mark a significant milestone in India’s journey toward defense self-reliance under the Aatmanirbhar Bharat initiative.
Awards & Honours News
RINL Receives Gold Award for Energy Conservation
- Rashtriya Ispat Nigam Limited (RINL), the corporate entity of the Visakhapatnam Steel Plant (VSP), was awarded the Gold Award at the Andhra Pradesh State Energy Conservation Awards 2024.
- This accolade celebrates RINL’s innovative approaches to energy conservation within the iron and steel sector.