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Daily Current Affairs 21 March 2024, Important News Headlines (Daily GK Update)

National News

Kiren Rijiju gets additional charge after Pashupati Kumar Paras resigns from Union cabinet

Pashupati Kumar Paras, former Union minister and president of the Rashtriya Lok Janshakti Party (RLJP), resigned from the Union Cabinet following his party’s exclusion from the National Democratic Alliance (NDA) seat-sharing arrangement in Bihar for the upcoming Lok Sabha elections. In response, President Droupadi Murmu accepted his resignation and appointed Kiren Rijiju with an additional charge as the Minister of Food Processing Industries.

Banking News

RBI Imposes Penalties on Tamilnad Mercantile Bank and DCB Bank

RBI imposed fines on Tamilnad Mercantile Bank (Rs 1.31 crore) and DCB Bank (Rs 63.6 lakh) for non-compliance with directives on ‘Interest Rate on Advances’.

Airtel Payments Bank Unveils A New Way To Pay with Smart Watch

Airtel Payments Bank, in collaboration with Noise and Mastercard, introduces a pioneering solution for contactless payments through the Airtel Payments Bank Smart Watch. This innovative wearable aims to revolutionize digital transactions, offering convenience and accessibility to urban customers.

Axis Mutual Fund Partners with Enparadigm for AI-Generated Learning Program

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Axis Mutual Fund, a prominent asset management firm based in Mumbai, has teamed up with Enparadigm, a leader in AI-driven experiential learning solutions. This collaboration aims to provide tailored learning journeys to enhance the performance and productivity of Axis MF employees across various levels.

DBS Bank India announces $250 million lending support for start-ups, ‘new economy’ companies

DBS Bank India announced a lending commitment of USD 250 million for new-age start-ups, demonstrating its dedication to fostering innovation and entrepreneurship in India’s thriving start-up ecosystem. With over 90,000 start-ups and more than 100 unicorns in India as of 2024, access to capital remains a significant challenge for these companies despite their growing resilience.

Business News

GRID-INDIA Achieves Miniratna Status

Grid Controller of India Limited (GRID-INDIA) has achieved a significant milestone by being conferred with the status of Miniratna Category-I Central Public Sector Enterprise (CPSE). This recognition was bestowed upon by the Ministry of Power, Government of India, highlighting GRID-INDIA’s pivotal role in the nation’s power landscape.

NIXI and MeitY to unveil BhashaNet portal at UA Day tomorrow for Digital Inclusion across the nation

The National Internet Exchange of India (NIXI) is gearing up to introduce the BhashaNet portal during the upcoming Universal Acceptance (UA) Day. This initiative aims to advance digital inclusion and linguistic diversity in India, showcasing collaborative efforts between NIXI and the Ministry of Electronics and Information Technology (MeitY). Theme: “BhashaNet: Impetus Towards Universal Acceptance”.

Mineral Production in the Country Grows by 5.9% During January 2024

In January 2024, the index of mineral production in the mining and quarrying sector stood at 144.1, indicating a 5.9% increase compared to January 2023. The cumulative growth for April-January 2023-24 over the corresponding period of the previous year is recorded at 8.3%.

Economy News

All-India Consumer Price Index Numbers for Agricultural and Rural Labourers – February 2024

In February 2024, the All-India Consumer Price Index (CPI) for Agricultural Laborers and Rural Laborers remained stable, with figures of 1258 and 1269, respectively, based on the 1986-87=100 index. However, there were notable fluctuations observed among constituent states. Eight states saw a decline in the CPI-AL, while seven experienced a similar trend in the CPI-RL, with two states showing no change.

Awards News

Renowned Indian Dancer Dr. Uma Rele was Honoured with the Maharashtra Gaurav Award

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Dr. Uma Rele, the esteemed Principal of Nalanda Nritya Kala Mahavidyalaya in Mumbai, has been conferred with the prestigious Maharashtra Gaurav Award. The honour was bestowed upon her by Maharashtra Industrial Minister Uday Sawant and Minister Deepak Vasant Kesarkar in recognition of her invaluable contributions to the realm of Indian classical dance, particularly Bharata Natyam.

Sports News

3rd Edition of North East Games 2024 Begins in Nagaland

3rd Edition of North East Games 2024 Begins in Nagaland

In Nagaland, the 3rd edition of the North East Games 2024 kick-started with a glittering opening ceremony at the Regional Centre for Sporting Excellence, Sovima. The Nagaland Chief Minister Neiphiu Rio officially declared the games open. More than 3000 athletes from eight North Eastern states are competing in 15 disciplines being held across 12 venues in three districts – Chumoukedima, Dimapur, and Kohima.

Important Days

International Day for the Elimination of Racial Discrimination 2024

On 21st March every year, we observe the International Day for the Elimination of Racial Discrimination. This day reminds us about the negative consequences of racial discrimination. The theme for 2024 is “A Decade of Recognition, Justice, and Development: Implementation of the International Decade for People of African Descent”.

World Poetry Day 2024, Date, History and Significance

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On March 21, people throughout the world celebrate World Poetry Day to honour an expression of language with which they can all identify. Every country’s past contains poetry, which unites people through shared humanity and values. Even the most simple poems can spark conversation. “Standing on the Shoulders of Giants” is the celebratory theme for World Poetry Day 2024, marked annually on March 21st. The theme nods to iconic writers of the past whose trailblazing works enlarged poetry’s footprint across cultures. It simultaneously spotlights the young poets building freshly on that foundation today.

World Forestry Day 2024, Date, Theme, History and Significance

Every year, we celebrate World Forestry Day on March 21st. In 2024, it falls on a Thursday. The United Nations General Assembly established World Forestry Day in 2012 to raise awareness about the vital role of forests and encourage efforts for their conservation and sustainable management. Forests are not just trees; they are crucial for our everyday life. They hold the soil in place, help retain water, and keep our environment balanced. Forests also provide us with the air we breathe and give us medicine from plants. Without forests and trees, we could not survive.

International Day of Nowruz 2024, Date, History, and Significance

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Nowruz (Novruz, Navruz, Nooruz, Nevruz, Nauryz) means “new day“. It marks the first day of spring and is celebrated on the day of the astronomical vernal equinox, which usually occurs on March 21. More than 300 million people all around the world celebrate Nowruz. It has been celebrated for over 3,000 years in the Balkans, the Black Sea Basin, the Caucasus, Central Asia, the Middle East, and other regions. In 2010, the United Nations General Assembly proclaimed March 21 as the International Nowruz Day (A/RES/64/253).

World Down Syndrome Day 2024, Date, History and Significance

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Every year, World Down Syndrome Day is observed on March 21. In 2024, it falls on Thursday, March 21. Down Syndrome is a condition that can affect a person physically and mentally. It makes communication and social interactions challenging. In Down Syndrome, a person has an extra chromosome which affects how their body and brain develop. In 2012, the United Nations officially announced that World Down Syndrome Day would be celebrated on March 21 every year. The date was chosen because it represents the 21st chromosome that causes Down Syndrome.

World Oral Health Day 2024: A Call for Action

World Oral Health Day 2024:

On World Oral Health Day on 20 March 2024, the World Health Organization (WHO) is calling for action in the South-East Asia Region and among partners to promote oral health and reduce the burden of oral diseases. Oral diseases are among the most common non-communicable diseases worldwide. In 2019, there were an estimated 3.5 billion cases of oral diseases and related conditions globally. Shockingly, between 1990 and 2019, the estimated case numbers increased by more than 1 billion – a 50% increase.

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FAQs

What was the total value of India's foreign exchange reserves as of March 8, 2024?

$636.1 billion