Current Affairs - March 19, 2024 Current Affairs

The Indian Army's STEAG is dedicated to researching and evaluating next-generation communication technologies like 5G and 6G networks, AI, and machine learning. This initiative aims to develop advanced communication capabilities for defence applications and future warfare strategies.

Guyana has signed a deal to purchase two Dornier 228 aircraft from India with a loan from the Export-Import Bank of India. This agreement marks India's expanding presence in the Caribbean region's defence industry and underscores Guyana's efforts to enhance its defence capabilities through strategic partnerships with India.

Axis Bank has pledged ₹100 crore to the National Cancer Grid in collaboration with Tata Memorial Centre to support oncology research, innovation, and digital health adoption, aiming to improve cancer care in India.

Thodur Madabusi Krishna, a prominent Carnatic musician, has been awarded the prestigious Sangita Kalanidhi for 2024, considered a highly esteemed accolade in the realm of Carnatic music. Known for his powerful vocals and iconoclastic approach to music, Krishna's recognition reflects his significant contributions to the art form.

The joint military exercise "EX TIGER TRIUMPH – 24" involves participation from the United States Of America, aiming to enhance cooperation between the armed forces of India and the US for humanitarian assistance and disaster relief operations.

The International Day of Happiness, observed on March 20th, emphasizes the importance of happiness as a fundamental human goal. This day, recognized by the United Nations, encourages a balanced approach to economic growth that prioritizes the well-being and happiness of all individuals, echoing the values of Bhutan, a country that treasures national happiness.

The Election Commission's "Mission 414" campaign aims to increase voter turnout in Himachal Pradesh, specifically targeting 414 polling stations with historically low turnout. Strategies include awareness campaigns, cultural events, model polling stations, and engaging youth and women icons to encourage voting participation and enhance election management measures.

The Noctis Volcano, a massive Martian landmark, was recently discovered on Mars, standing at 29,600 feet tall and stretching 450 kilometres wide. This discovery unveils valuable insights into Mars' geological and potential biological past, making Mars the correct answer.

In January, the Reserve Bank of India (RBI) acquired 8.7 tonnes of gold, marking its largest purchase since July 2022. This brought the RBI's total gold reserves to 812.3 tonnes, up from 803.58 tonnes in December 2023. The RBI's move aims to diversify its foreign exchange reserves and hedge against risks associated with foreign currencies.

Reliance Consumer Products has formed a strategic partnership with Elephant House, a renowned Sri Lankan beverage brand, to introduce and distribute Elephant House beverages in India. This collaboration expands RCPL's beverage offerings and strengthens its presence in the Indian market with Elephant House's diverse range of popular beverages.

Arvind Kapil, a retail banking veteran from HDFC Bank, has been appointed as the Managing Director & Chief Executive Officer of Poonawalla Fincorp, bringing his extensive expertise to lead the company's growth and development strategies.

India's first Ayurvedic cafe, Soma-The Ayurvedic Kitchen, is located in Delhi at the Maharishi Ayurveda Hospital in Shalimar Bagh. The cafe offers customized Ayurvedic food and is gaining attention for promoting healthy eating experiences.

Tata Sons announced the sale of a 0.65% stake in Tata Consultancy Services (TCS) for over ₹9,300 crore as part of its strategy to reduce debt. This move, aimed at optimizing Tata Sons' financial position, reflects the significance of TCS within the Tata Group's asset portfolio and its contribution to dividend income.

French Language Day is observed on March 20th by the United Nations to celebrate the French language, and its culture, and promote multilingualism and cultural diversity worldwide.

Vinay Kumar, a 1992 batch IFS officer currently serving as India's Ambassador to Myanmar, has been appointed as the next Ambassador of India to Russia, aiming to strengthen the strategic partnership between India and Russia.