Current Affairs - January 24, 2024 Current Affairs

The Serum Institute of India (SII) has partnered with CEPI, with an investment of up to $30 million to expand manufacturing capacity. This collaboration aims to enable swift production and equitable distribution of investigational vaccines during epidemics and pandemics, aligning with the ambitious 100 Days Mission for developing vaccines against infectious diseases.

Iran's recent acquisition of domestically produced reconnaissance and combat drones, including the Ababil-4, Ababil-5, Arash, Bavar, and Karrar, underscores its cutting-edge advancements in unmanned aerial vehicle technology, enhancing its defence capabilities.

The Supreme Court directed the Centre to address the conservation plans for the critically endangered Great Indian Bustard, which faces threats such as hunting, habitat destruction, and various human activities.

National Girl Child Day is observed annually on January 24th in India. This day, initiated in 2008 by the Ministry of Women and Child Development, emphasizes the importance of empowering girls and addressing the challenges they face in society.

Telangana's Chief Minister, Revanth Reddy, is expediting the Gruha Jyothi Scheme, aiming for a February launch. This scheme promises significant relief by offering 200 units of free electricity to eligible individuals who have cleared their electricity bills for December 2023 and January 2024, with no arrears during this period as a prerequisite for availing the benefits.

India's equity market, boasting a market capitalization of $4.33 trillion, has secured the 4th position globally, surpassing Hong Kong's Hang Seng. This achievement highlights India's strong economic standing fueled by a growing retail investor base and stable fundamentals.

Amazon, with a market value of $299.3 billion, is recognized as the most valuable brand in the world as of January 2024, showcasing its influence and diverse ventures in commerce, technology, and entertainment.

JSW Group's approved acquisition of a 38% stake in MG Motor India, facilitated through JSW Ventures Singapore, is a strategic move set to reshape the automotive industry's dynamics, marking a significant development in corporate transactions.

The Indian government provided Afghanistan with 40,000 litres of Malathion, an eco-friendly pesticide, to combat the locust menace and address agricultural concerns in the region.

Rohit Sharma was named the captain of the ICC Men's ODI team of the year in the ICC Awards 2023, recognizing his outstanding performance in international cricket.

AU Small Finance Bank received CCI approval for its merger with Fincare Small Finance Bank, a significant step announced on October 30, 2023, with the merger set to be effective from February 1, 2024, pending RBI approval.

Man Singh, a 34-year-old marathon runner from India, secured the gold medal at the Asian Marathon Championships 2024 in Hong Kong with a remarkable personal best timing, highlighting India's growing prowess in long-distance running.

HDFC Bank, India's largest private sector bank, became the country's first lender to issue an impressive 20 million active credit cards, dominating a quarter of the overall card market. This milestone was achieved on January 16, marking a significant achievement for the bank.

The International Day of Education 2024 is celebrated on January 24th each year, emphasizing the transformative nature of education in promoting peace and understanding.