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FOR EVERY STUDENT,                                                            EVERY CLASSROOM,                                                               REAL RESULTS.

We’re a nonprofit with the mission to provide a free, world-class education for anyone, anywhere.

DAILY GK AND CURRENT AFFAIRS UPDATE...

1. PM Modi laid foundation stone of an International Cricket Stadium.

  • PM Narendra Modi laid the foundation stone of the first international cricket stadium in Varanasi in Uttar Pradesh.
  • The architecture of the cricket stadium proposed at Ganjari in Varanasi will be reminiscent of the holy city’s rich heritage and things related to Lord Shiva.
  • The roofs will be in the form of a crescent that crowns Lord Shiva, while the floodlights will be trident-shaped
  • The stadium will be built in a 30-acre area at a cost of Rs.450 crore.

2. Singapore overtakes Hong Kong as World's Freest Economy.

  • Singapore has dethroned Hong Kong to become the world’s freest economy in 2023.
  • For the first time since the Economic Freedom of the World Index started in 1970, Hong Kong slipped to second place from the number one spot.
  • Some of the tenets used to gauge the economic freedom index are measured based on ease of international trade, freedom to enter and compete in markets, as well as business regulations, amongst other yardsticks.

3. PFC, SJVN tie up for RS 1.18 trillion investment in RE, Thermal projects.

  • Power Finance Corporation (PFC) has inked a MoU with state-owned hydro power firm SJVN Ltd, committing to finance the latter’s renewable energy and thermal power projects.
  • The deal is valued at Rs 1.18 trillion and aims to set up 12 Gw of power generation capacity, from renewable sources such as solar, wind along with a 660 mw thermal power project.
  • Aim: To meet the specific needs of the renewable projects, highlighting the flexibility of the partnership

4. Meta launches UPI payments for WhatsApp business messaging in India.

  • Meta CEO Mark Zuckerberg announced a significant expansion of WhatsApp’s payment feature in India during the Meta Conversations event.
  • Users in India will now have the option to make payments to businesses via WhatsApp Business using various payment methods, including UPI, credit/debit cards, net banking, Google Pay, PhonePe, Paytm, and more.
  • Initially, Meta partnered with RazorPay and PayU for this payment service. 

5. Axis bank launched NEO for business banking platform for MSMEs.

  • Axis Bank has launched a transaction banking platform for the Indian  MSMEs called NEO for Business.
  • Aim: To cater to the “real, current, and emerging” transaction needs of Indian MSMEs.
  • The NEO for Business platform offers features like digital self on-boarding, bulk payments, GST compliance invoicing, payment gateway integration, end-to-end transaction tracking, auto reconciliation, cash flow reports, and recurring collections, among others.

6. Indian DAC has officially approved the indigenous Dhruvastra Missile.

  • The Defence Acquisition Council approved procurement including the indigenous Dhruvastra short-range air-to-surface missile.

About the Dhruvastra Missile:

  • It is a helicopter-launched anti-tank guided missile (ATGM) system.
  • It is a short-range air-to-surface missile.
  • It was indigenously developed by the Defence Research and Development Organisation.
  • It is a third-generation, renowned for its versatility in engaging and neutralizing enemy tanks and armored vehicles.

7. India becomes No 1 ranked team in all formats of cricket.

  • India became the number 1 ranked team in all three formats i.e. Tests, ODIs and T20Is, after their 5-wicket won against Australia.
  • India displaced Pakistan from the top of the ODI rankings while they lead England in the T20I rankings.
  • In the longest format, they are in the first place while Australia are right behind them.
  • The rankings reflect the hard work put in by this team as they chase excellence on the field. 

8. NorthEast's mithun gets food animal tag and its meat a leg-up.

  • The Food Safety and Standards Authority of India (FSSAI) has recently recognized the Mithun as a ‘food animal,’ opening doors for its commercial use found in Arunachal Pradesh.
  • Aim: To promote its meat as a commercial product can indeed have significant economic and cultural implications for the region.
  • It is a captivating and culturally significant bovine species found in Northeast India.
  • Its role in the livelihoods of indigenous communities, ecological balance.

9. Malini Rajurkar, Hindustani Vocalist passes away at 82.

  • Noted Hindustani classical vocalist Malini Rajurkar, who epitomised simplicity and depth, passed away in a Hyderabad at age the 82
  • As one of the foremost exponents of Gwalior gharana, she forged a special connection with the audience in Pune at the annual Sawai Gandharva festival for nearly five decades.
  • They were spellbound by her tappa recital, her khayal renditions and her natya sangeet and many recalled her unforgettable “Yaa Bhavanatil Geet Purane”.

10. Antim Panghal won bronze medal in wrestling at World Championships 2023

  • Indian wrestler Antim Panghal secured a bronze medal in the women’s 53 kg category at the wrestling World Championships 2023 iin Serbia.
  • She also secured the Paris Olympics 2024 quota for India. 
  • This is India’s first medal in this edition of the tournament. 
  • Antim has captured India’s 23rd medal in the World Championships to date, which includes one gold, five silver, and 17 bronze medals.
  • Japan’s Akari Fujinami won the gold in World Championships 2023

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