Daily Current Affairs 22nd May 2024, Important News Headlines (Daily GK Update)

National News

Artara’24 Celebrates Indian Cultural Diversity in Dubai

The Artara’24 Fine Arts Exhibition and Competition has made its mark in Dubai as a prestigious platform for discovering and nurturing emerging artistic talents from India. The event aimed to uncover hidden artistic gems, with a particular focus on the Indian talent residing in Dubai.

DAHD & UNDP MoU on Digitalisation of Animal Vaccine Cold Chain Management

The Department of Animal Husbandry and Dairying (DAHD) under the Union Ministry of Fisheries, Animal Husbandry & Dairying has signed a Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP) India to digitalize vaccine cold chain management, enhance communication planning, and build capacity.

Cabinet Approves Over Rs 10,300 Crore for IndiaAI Mission

The Cabinet has greenlit an ambitious financial allocation of over Rs 10,300 crore for the IndiaAI Mission, aimed at fortifying India’s AI innovation ecosystem. Spearheaded by a public-private partnership model, this significant investment over the next five years is poised to catalyze various strategic initiatives, including compute infrastructure expansion, startup empowerment, and ethical AI deployment.

Appointments News

BARC India Appoints Dr. Bikramjit Chaudhuri as New Chief of Measurement Science & Analytics

The Broadcast Audience Research Council (BARC) India, the world’s largest television audience measurement organization, has appointed Dr. Bikramjit Chaudhuri as its new Chief of Measurement Science & Analytics. He will succeed Dr. Derrick Gray, a veteran in the field of audience measurement and advanced analytics, who has been an esteemed member of the BARC India team for six years.

John Slaven Appointed Vice-Chairman of the International Aluminium Institute

Vedanta Aluminium has announced the appointment of its Chief Executive Officer (CEO), John Slaven, as the Vice-Chairman of the International Aluminium Institute (IAI). In this prominent role, Slaven will spearhead global initiatives aimed at promoting sustainable transformation within the aluminium industry and highlighting aluminium’s crucial role in advancing the energy transition towards a Zero Carbon future.

Business News

Tata Motors Partners with Bajaj Finance to Enhance Dealer Financing Options

Tata Motors’ subsidiaries, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM), have teamed up with Bajaj Finance to offer an innovative financing programme for their authorised passenger and electric vehicle dealers. This partnership aims to streamline financing options and support the business operations of these dealers.

Banking News

SBI Bolsters Presence in GIFT City with Acquisition of Stake in CCIL IFSC

In a strategic move to expand its foothold within the Gujarat International Finance Tec City (GIFT City), the State Bank of India (SBI) has finalized the acquisition of a 6.125% stake in CCIL IFSC Limited. The transaction, valued at ₹6.125 crore, marks SBI’s commitment to enhancing its role in the International Financial Services Centre (IFSC) at GIFT City.

Ranks and Reports News

India Rises to 39th Position in WEF Travel & Tourism Development Index 2024

India has ascended to the 39th spot in the World Economic Forum’s Travel & Tourism Development Index 2024, marking a significant improvement from its 54th position in 2021. Despite challenges posed by the pandemic, India showcases resilience and competitiveness in various aspects of its travel and tourism industry.

Sports News

Indian Boxers Shine at the 3rd Elorda Cup 2024

The Indian boxing contingent made a remarkable impact at the 3rd Elorda Cup 2024, held in the Kazakh capital city of Astana. The team returned with an impressive haul of 12 medals, including 2 gold, 2 silver, and 8 bronze.

Brazil Awarded 2027 Women’s World Cup Hosting Rights

In a historic moment for South American football, Brazil was declared the host of the 2027 Women’s World Cup at the FIFA Congress. The Brazilian bid triumphed over the joint bid from Belgium, Netherlands, and Germany, becoming the first South American country to secure the hosting rights for the prestigious tournament.

Max Verstappen Triumphs at Emilia Romagna Grand Prix 2024

Max Verstappen, the defending Formula 1 World Champion, showcased his prowess on the track by clinching a hard-fought victory at the Emilia Romagna Grand Prix 2024. The Dutchman held off a spirited challenge from McLaren’s rising star, Lando Norris, to secure his third win of the season.

Science and Technology News

Elon Musk Launches Starlink in Indonesia: Bridging Connectivity Gaps

Tech mogul Elon Musk introduced SpaceX’s Starlink satellite internet service in Indonesia, aiming to enhance connectivity in remote regions of the archipelago nation. The inauguration took place in Bali, where Musk, alongside Indonesian officials, emphasized the transformative potential of improved internet access.

AstraZeneca’s $1.5 Billion Investment in Singapore: Advancing Cancer Treatment

AstraZeneca, a leading pharmaceutical company, announced plans to construct a state-of-the-art manufacturing facility in Singapore with a focus on producing antibody-drug conjugates (ADCs), a promising class of cancer-fighting medications.

Important Days News

International Day for Biological Diversity 2024: Be Part of the Plan

The International Day for Biological Diversity is celebrated every year on May 22. This year, it falls on a Wednesday. The theme for 2024 is “Be Part of the Plan.” This theme encourages governments, indigenous peoples and local communities, non-governmental organizations, lawmakers, businesses, and individuals to showcase their efforts in supporting the implementation of the Biodiversity Plan.

India observed Anti-Terrorism Day 2024 on 21 May

India observes Anti-Terrorism Day on 21 May to commemorate the assassination of former Prime Minister Rajiv Gandhi by a suicide bomber from the Liberation Tigers of Tamil Eelam (LTTE), a terrorist organization based in Sri Lanka. The day serves as a reminder of the devastating consequences of terrorism and emphasizes the need for vigilance against such threats.