Daily Current Affairs 7th Aug, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 7th Aug, 2024. It includes all Major National, International, Business and Sports related current affairs of 7th Aug, 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 7th Aug, 2024 Current affairs test.
International News
Nobel Laureate Muhammad Yunus to Lead Bangladesh Interim Government
- Nobel laureate Muhammad Yunus will head Bangladesh’s interim government following the resignation and flight of former Prime Minister Sheikh Hasina amid a massive student-led uprising.
- This announcement was made early on August 7 by Joynal Abedin, the press secretary of President Mohammed Shahabuddin.
India’s First GI-Tagged Fig Juice Exported to Poland
- The Purandar Highlands Farmers Producer Company Ltd has marked a significant achievement by exporting India’s first GI-tagged fig juice to Poland.
- This follows their successful export of GI-tagged Purandar figs to Hong Kong in February 2023.
Australia Announces Maitri Grants for Research and Cultural Collaboration with India
- The Australian government has introduced the Maitri Research and Cultural Partnerships Grants, aimed at enhancing collaboration between Australia and India.
- These grants cover areas such as sustainable manufacturing, energy transition research, and artistic projects.
- Minister Penny Wong highlighted the importance of these initiatives in strengthening bilateral ties through human connections.
States News
Rs 920 Crore Namami Gange Mission 2.0 Projects in UP and Bihar
- The Government of India has successfully completed and operationalized four major projects under the Namami Gange Mission 2.0 in the first quarter of fiscal year 2024-25.
- These projects, located along the Ganga river in Bihar and Uttar Pradesh, are crucial for reducing pollution and improving the river’s ecological health.
Madras High Court Strikes Down Section 77-A of Registration Act as Unconstitutional
- The Madras High Court has ruled Section 77-A of the Registration Act, 1908 as unconstitutional.
- This decision has significant implications for property registration and ownership rights in Tamil Nadu.
- Section 77-A, added by a 2022 State amendment, allowed District Registrars to cancel property documents registered through fraud or forged revenue records.
Haryana’s Groundbreaking MSP Policy: A New Era for Farmer Support
- On August 4, 2024, Haryana Chief Minister Nayab Singh Saini announced a landmark policy to purchase all crops at the Minimum Support Price (MSP), making Haryana the first state in India to implement such a comprehensive MSP policy.
- This strategic move, ahead of the upcoming Assembly elections, aims to regain political ground following the ruling party’s poor performance in the recent Lok Sabha elections.
Appointments News
Lt Gen Vikas Lakhera Assumes Charge as Assam Rifles Director General
- Lt General Vikas Lakhera has taken over as the new Director General of the Assam Rifles, known as the “Sentinels of the Northeast.”
- This leadership change marks a new chapter for the paramilitary force, which plays a vital role in maintaining peace and security in India’s northeastern region.
Dinesh Karthik Named Ambassador for SA20 League
- Former Indian wicketkeeper-batsman Dinesh Karthik has been appointed as the brand ambassador for the SA20 League, strengthening the connection between Indian and South African cricket.
- This appointment aims to expand the league’s global presence and enhance its competitiveness in the T20 cricket landscape.
Government Appoints Challa Sreenivasulu Setty as SBI Chairman
On August 6, 2024, the Appointments Committee of the Cabinet approved Challa Sreenivasulu Setty as the Chairman of the State Bank of India (SBI).
Setty, the senior-most Managing Director (MD) of SBI, will take over on August 28, 2024, succeeding Dinesh Kumar Khara, who will retire upon reaching the age limit of 63 for the position.
Banking News
Capital Small Finance Bank and Edelweiss Life Partner for Bancassurance
- Capital Small Finance Bank (CSFB) and Edelweiss Life Insurance have entered into a bancassurance partnership.
- This collaboration allows CSFB’s 177 branches to offer Edelweiss Life’s insurance products, thereby enhancing CSFB’s financial solutions and extending Edelweiss Life’s market reach.
Economy News
Government Reverses Decision: Indexation Benefits Restored for LTCG Tax
- The government has reversed its decision to remove indexation benefits for long-term capital gains (LTCG) tax on property sales.
- Taxpayers can now choose between a lower tax rate without indexation or a higher rate with indexation for properties purchased before July 23, 2024.
Sports News
Vinesh Phogat Disqualified from Paris Olympics 2024
- Indian wrestler Vinesh Phogat has been disqualified from the Paris Olympics for failing to meet the weight requirement for her 50 kg gold medal category.
- She reportedly exceeded the permissible weight limit by 100 grams, disqualifying her from competing for the silver medal and leaving only the gold and bronze winners in the 50 kg category.
Important News
National Javelin Day 2024: Celebrating India’s Golden Moment in Athletics
- National Javelin Day is celebrated to commemorate Neeraj Chopra’s historic achievement on August 7, 2021, when he won India’s first Olympic gold medal in track and field with a javelin throw of 87.58 meters.
- This victory made Chopra the second Indian to win an individual Olympic gold, following Abhinav Bindra.
