Daily Current Affairs 8th Aug, 2024

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Daily Current Affairs 8th Aug, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 8th Aug, 2024. It includes all Major National, International, Business and Sports related current affairs of 8th 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 8th Aug, 2024 Current affairs test.

National News

Pilgrimage to Shri Baba Buddha Amarnath Commences in J&K
  • In Jammu and Kashmir, the annual 10-day pilgrimage to Shri Baba Buddha Amarnath in the Loran Valley of Poonch district has started today and will conclude on the 19th of this month.
  • The event coincides with Sawan Purnima and Raksha Bandhan.
  • Authorities have implemented tight security measures and made extensive arrangements to manage the influx of pilgrims.
India’s Renewable Energy Capacity Soars by 165% in a Decade
  • India’s renewable energy capacity has witnessed a significant increase of 165% over the past decade, growing from 76.38 GW in 2014 to 203.1 GW in 2024, as reported by Union Minister Pralhad Joshi.
  • This remarkable growth has positioned India as the fourth largest country in terms of renewable energy capacity, with notable progress in solar and wind power sectors.
Why Waqf Board Amendment Bill 2024 Is In News
  • The Prime Minister Narendra Modi-led government is prepared to introduce the Waqf (Amendment) Bill, 2024, in the Lok Sabha on August 8.
  • This new bill, which aims to amend the Waqf Act of 1995, will be presented by Minority Affairs Minister Kiren Rijiju.
  • The bill proposes over 40 amendments, including significant changes such as ensuring the representation of Muslim women and non-Muslims on Waqf boards.
What is Broadcast Services Bill 2024?
  • The Ministry of Information and Broadcasting has drafted the Broadcasting Services (Regulation) Bill, 2024, which aims to replace the Television Network Act of 1995.
  • According to reports, the new act will classify influencers or social media pages that create content or write about current affairs or any news online as ‘digital news broadcasters’.

International News

China to Launch Satellite Constellation to Rival Musk’s Starlink
  • China is set to launch its first batch of satellites for a mega constellation designed to compete with SpaceX’s Starlink Internet network.
  • State-run Shanghai Spacecom Satellite Technology (SSST) has initiated the launch of the first components of this network.
  • The constellation, named “Thousand Sails,” represents China’s ambitious step into satellite internet services.

States News

Andhra Scraps 2-Child Policy For Individuals To Contest Local Body Polls

The Andhra Pradesh government has decided to abolish the two-child norm for contesting local body elections due to the state’s declining fertility rate.

This decision was made during a state Cabinet meeting chaired by Chief Minister N. Chandrababu Naidu on August 7.

 

Appointments News
Centre Reshuffles Senior Bureaucrats, Amit Negi Made Additional Secretary
  • The central government has conducted a significant reshuffle of top-level bureaucrats, appointing senior IAS officer Amit Singh Negi as an additional secretary in the Prime Minister’s Office (PMO).
  • Mr. Negi, a 1999-batch IAS officer from the Uttarakhand cadre, is currently serving as the joint secretary in the Department of Expenditure under the Union Ministry of Finance.

Defence News

Indian Army Conducts ‘Parvat Prahaar’ Exercise in Ladakh
  • The Indian Army has recently carried out a strategic military exercise named ‘Parvat Prahaar’ in Ladakh, which focuses on high-altitude warfare and operations.
  • This exercise is crucial for maintaining the readiness and effectiveness of the Army in the region, which is near the India-China border.
Banking News
RBI August 2024 MPC Meeting: Repo Rate Unchanged at 6.5%
  • The Reserve Bank of India (RBI) concluded its Monetary Policy Committee (MPC) meeting on Thursday, maintaining the benchmark interest rates at 6.5% with a 4:2 majority.
  • This decision marks the ninth consecutive instance of unchanged rates, indicating the central bank’s cautious approach to monetary policy amid economic challenges.
RBI Hikes UPI Limit for Tax Payments to Rs 5 Lakh per Transaction
  • In an effort to boost digital payments and facilitate larger transactions, the Reserve Bank of India (RBI) has raised the upper limit for tax payments through the Unified Payments Interface (UPI) to Rs 5 lakh per transaction, up from the previous limit of Rs 1 lakh.
  • This move is expected to provide greater convenience to taxpayers, particularly for high-value transactions, and is part of the RBI’s ongoing initiatives to promote digital payments and reduce reliance on cash.

Economy News

Deloitte India Predicts Economic Growth Between 7% and 7.2% in FY25
  • Deloitte’s India Economic Outlook for August 2024 predicts robust economic growth between 7.0% and 7.2% in FY25, driven by strong economic fundamentals.
  • This projection surpasses the Economic Survey’s prediction and aligns with the Reserve Bank of India’s outlook.
  • However, Deloitte also estimates FY25 GDP growth at 6.6%, while adjusting its FY24 forecast.

Awards News

Rashtriya Vigyan Puraskar 2024 Announced: Check the Complete list
  • The Indian government has announced the inaugural Rashtriya Vigyan Puraskars to recognize outstanding contributions to science, technology, and innovation.
  • This new award system replaces over 300 previous awards from various science departments and aims to honor the achievements of academics, technologists, and inventors across the country.
Sports News
Paris Olympics 2024: Vinesh Phogat Announces Retirement From Wrestling
  • Vinesh Phogat, one of India’s most promising wrestlers, has announced her retirement from the sport following a disappointing outcome at the Paris Olympics 2024.
  • The announcement came after a series of unfortunate incidents during the final stages of the Olympic wrestling competition.
Important Days
Quit India Movement Day, Know the History of India’s Freedom Struggle
  • Quit India Movement Day, also known as August Kranti Day, is a significant date in India’s history commemorating the launch of the Quit India Movement in 1942.
  • This pivotal moment in India’s struggle for independence from British colonial rule called for the immediate withdrawal of British forces from India.
  • Led by Mahatma Gandhi, the movement mobilized millions of Indians in a non-violent civil disobedience campaign against British colonialism.
Obituaries News
Gandhian Shobhana Ranade Passes Away at 99
  • Shobhana Ranade, a renowned Gandhian and Padma Bhushan recipient, has passed away at the age of 99 in Pune.
  • Ranade dedicated her life to social reform, particularly uplifting underprivileged women and children, leaving a lasting impact on India’s social landscape.
Buddhadeb Bhattacharjee, Former W.B Chief Minister, Passes Away
  • Buddhadeb Bhattacharjee, the former chief minister of West Bengal and veteran CPIM leader, passed away on August 8 at his residence in Kolkata’s Palm Avenue.
  • Bhattacharjee, who had been suffering from chronic obstructive pulmonary disease for several years, was 80.
  • He is survived by his wife Mira and daughter Suchetana.

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