Daily Current Affairs 08th May 2023

Current Affairs 08th May 2023 are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily Current Affairs is the complete bag of important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update for 08th May 2023 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz. 

Here is the Current Affairs 08th May 2023 covering the following news headlines: Climate Club, Kerala Institutional Ranking Framework, Ayushmann Khurrana, Domestic Policy Advisor, Border Roads Organisation.

Top 19 Daily Current Affairs: National & International News:

Here is providing below the top 19 important Daily General Knowledge 2023 updates with national & international news.

                                        National News

4. Uttar Pradesh to get its first Pharma Park in Lalitpur district

• The Uttar Pradesh government has approved the establishment of the state’s first Pharma Park in Lalitpur district of Bundelkhand. The project will require the transfer of 1500 hectares of land from the Animal Husbandry Department to the Industrial Development Department.
• The government has allocated a budget of Rs 1560 crore for the development and provision of necessary facilities to investors in Lalitpur Pharma Park.

5. Dawki land port in Meghalaya inaugurated by Union Minister Nityanand Rai

• To promote trade and commerce between India and Bangladesh, the Dawki land port was inaugurated by Union Minister Nityanand Rai in Meghalaya’s West Jaintia Hills district.
• Meghalaya Deputy Chief Minister Sniawbhalang Dhar was also present during the inauguration. Rai stated that the land port will have an impact on the tourism and business sectors.

6. Kerala Institutional Ranking Framework launched by Higher Education Minister

• The Higher Education Minister, R. Bindu has officially introduced the Kerala Institutional Ranking Framework (KIRF), which is designed to evaluate the quality of higher education institutions in Kerala.
• The KIRF is modeled after the National Institutional Ranking Framework (NIRF) and will be implemented annually by the Kerala State Higher Education Council (KSHEC). This initiative has made Kerala the first state in India to establish a ranking framework specifically for its higher education institutions.

Important takeaways for all competitive exams:

• Kerala Capital: Thiruvananthapuram;
• Kerala Official bird: Great hornbill;
• Kerala Governor: Arif Mohammed Khan;
• Kerala Chief minister: Pinarayi Vijayan.

                                       Defence News

7. Rajnath Singh inaugurates IAF Heritage Centre in Chandigarh

• India’s Defence Minister Rajnath Singh opened the country’s first Indian Air Force Heritage Centre in Chandigarh on 8 May, under a memorandum of understanding between the Indian Air Force and the Union Territory of Chandigarh.
• The centre spreads over 17,000 square feet and celebrates the Indian Air Force’s role in previous conflicts such as the 1965, 1971, and Kargil Wars, as well as the Balakot air strike, through murals and memorabilia.

Important Takeaways For All Competitive Exams

• India’s Defence Minister: Rajnath Singh;
• Punjab Chief Minister: Bhagwant Mann;
• Punjab Capital: Chandigarh;
• Chief of Air Staff: Air Chief Marshal V R Chaudhari.

8. INS Magar – Indian Navy’s Landing Ship Decommissioned After 36 Years of Service

• INS Magar, the oldest Landing Ship Tank (Large), was decommissioned by the Indian Navy after 36 years of service on May 06 at the Naval base in Kochi.
• The decommissioning ceremony was attended by Vice Admiral MA Hampiholi, Commanding-in-Chief, Southern Naval Command, as well as Air Marshal B Manikantan, Air Officer Commanding-in-Chief, Southern Air Command.
• Commander Hemant Salunkhe commanded the ship during its service. The event included the release of the ship’s timeline and a special postage cover.

9. Air Force Receives 1st Batch Of Indigenous VTOL Loitering Munition

• The air force has received its first indigenously designed and developed loitering munitions. These are capable of operating from all kinds of terrain and high altitude areas and can take down targets at a range of over 50 km, without exposing any personnel to risk. Developed by
• Tata Advanced Systems Limited (TASL), the autonomous system is designed for Vertical Take Off and Landing (VTOL) and has successfully demonstrated its capability to carry out precision strikes during trials and tests.

10. Border Roads Organisation Project Dantak 64th Raising Day

• The Border Roads Organisation Project Dantak is an overseas project under the Ministry of Defence of India, established on 24 April 1961 as a result of an agreement between Jigme Dorji Wangchuck, the third king of Bhutan, and then Prime Minister of India Jawahar Lal Nehru.
• Project Dantak has been instrumental in developing infrastructure and providing connectivity in remote areas of Bhutan.

11. Rajnath Singh inaugurates IAF Heritage Centre in Chandigarh

• India’s Defence Minister Rajnath Singh opened the country’s first Indian Air Force Heritage Centre in Chandigarh on 8 May, under a memorandum of understanding between the Indian Air Force and the Union Territory of Chandigarh.
• The centre spreads over 17,000 square feet and celebrates the Indian Air Force’s role in previous conflicts such as the 1965, 1971, and Kargil Wars, as well as the Balakot air strike, through murals and memorabilia.

Important Takeaways For All Competitive Exams

• India’s Defence Minister: Rajnath Singh
• Punjab Chief Minister: Bhagwant Mann
• Punjab Capital: Chandigarh
• Chief of Air Staff: Air Chief Marshal V R Chaudhari

                                      Banking News

12. SEBI has introduced the Legal Entity Identifier (LEI) system

• The Securities and Exchange Board of India (SEBI) has introduced the Legal Entity Identifier (LEI) system for issuers that have listed or are planning to list non-convertible securities, securitized debt instruments, and security receipts.
• This unique global identifier for legal entities participating in financial transactions aims to create a global reference data system that uniquely identifies every legal entity that is a party to a financial transaction.

                                    Important Days

13. World Red Cross Day 2023 observed on 8th May

• World Red Cross and Red Crescent Day is celebrated annually on May 8th to honor the birth anniversary of Henry Dunant, who founded the International Committee of the Red Cross (ICRC) and was the first person to be awarded the Nobel Peace Prize.
• The Red Cross and Red Crescent Movement is a worldwide humanitarian network that operates in almost every country across the globe.
• The network offers aid and support to people in need during various emergencies, conflicts, disasters, and other crises. The movement strives to alleviate human suffering, safeguard human dignity, and promote health, peace, and overall well-being. The theme of World Red Cross Day for 2023 is “Everything we do comes from the heart.”

Important takeaways for all competitive exams: 

14. World Thalassemia Day 2023 celebrates on 08th May

• May 8 marks World Thalassaemia Day, which is a special day dedicated to raising awareness about a genetic disorder called Thalassaemia. This disorder causes the body to produce insufficient amounts of haemoglobin, which is essential for carrying oxygen in the blood. Individuals with Thalassaemia inherit this condition, and it results in reduced levels of oxygen-carrying proteins in their blood.
• The aim of World Thalassaemia Day is to increase understanding and knowledge about this blood disorder and show support for those who live with it. The theme for this year’s International Thalassaemia Day is “Strengthening Education to Bridge the Thalassaemia Care Gap.”

Important takeaways for all competitive exams: 

• Thalassaemia International Federation: Nicosia, Cyprus;
• Thalassaemia International Federation President: Mr. Panos Egglezos;
• Thalassaemia International Federation Established: 1986.

                                   Appointments News

15. Wakefit signs Bollywood actor Ayushmann Khurrana as brand ambassador

• Manufacturer of mattresses, Wakefit Innovations Private Limited, has signed actor Ayushmann Khurrana as Wakefit.co’s brand ambassador.
• The company has roped in the actor to create resonance with the local community. Besides being the face of the brand and spearheading upcoming campaigns, the actor will also help the brand in spreading awareness about sleep health and its importance in the modern context.

16. Neera Tandon, Indian-American, appointed as Domestic Policy Advisor in Biden Administration

• Neera Tandon, an Indian-American, was appointed as the Domestic Policy Advisor in the Biden administration. This move was made with the presidential election in mind, which is set to take place in 2024.
• Tandon’s appointment is historic, as she became the first Asian-American to lead the White House Advisory Council.

                                        Sports News

19. KK Shailaja’s autobiographical work titled ‘My Life As A Comrade’

• CPM central committee member and former health minister of Kerala, KK Shailaja’s autobiographical work titled ‘My Life As A Comrade’ is set to be published by Juggernaut Books, a Delhi-based publishing house.
• In her new book, My Life as a Comrade, co-written with Manju Sara Rajan, former CEO of the Kochi Biennale Foundation and journalist, Shailaja writes about the course of her life that started in a small settlement in Malabar and eventually led her to a Cabinet position in the State government.

Important Current Affairs of 08th May 2023