Current Affairs - April 11, 2024 Current Affairs

The President of India, Smt Droupadi Murmu, inaugurated the two-day Homoeopathy Symposium in New Delhi on World Homoeopathy Day. She emphasized the global adoption of Homoeopathy and the significance of research and proficiency in advancing this medical system's acceptance.

Following the Moscow attacks, India collaborated with Kazakhstan to strengthen their efforts against terrorism, focusing on regional threats and strategies to combat cross-border terrorist activities.

NTPC Limited, India's largest power company, is unveiling a new version of its Girl Child Empowerment Mission (GEM), aligning with the Beti Bachao, Beti Padhao campaign to promote gender equality and provide opportunities for young girls' development.

The Asian Development Bank (ADB) has raised India's GDP growth forecast for FY25 to 7% from the previous estimate of 6.7%, citing robust investment in public and private sectors and improving consumer demand as key drivers of growth.

India ranks second globally in Hepatitis B and C cases, with 3.5 crore infections, as per the WHO's 2024 Global Hepatitis Report. This ranking highlights the significant health challenges posed by Hepatitis and the need for public health interventions.

ICICI Lombard has teamed up with Policybazaar to leverage its digital platform and reach 10 million customers with a range of insurance products, including motor, health, travel, home, and business insurance. This partnership aims to enhance insurance accessibility and distribution across India.

HDFC Bank's initiative to open a branch in Lakshadweep, specifically at Kavaratti Island, marks a milestone as it becomes the first private sector bank to establish a presence in the Union Territory. This move underscores HDFC Bank's commitment to expanding its reach and offering banking services, including personalized digital solutions, to the residents and businesses of Lakshadweep.

India ranked third globally in unicorn creation with 67 unicorns, trailing behind the United States with 703 unicorns and China with 340, as per the Hurun Global Unicorn Index. This position reflects India's status in the global startup ecosystem, despite a decline in unicorn creation for the first time since 2017.

State Bank of India (SBI) engaged in the first Credit Default Swap (CDS) trade under the new RBI norms, partnering with Standard Chartered Bank India for a ₹25 crore transaction. This signifies a significant development in credit risk management and financial instrument sophistication in India.

KABIL and CSIR-IMMT have allied to strengthen India's mineral security, leveraging CSIR-IMMT's expertise in mineral processing and metal extraction for collaborative projects and technical advancements.