Current Affairs - July 12, 2024 Current Affairs

Punjab National Bank (PNB) has introduced the 'Safety Ring' security feature to combat rising cyber fraud incidents. This optional mechanism allows customers to set daily transaction limits for term deposits (TDs) specifically for online closures or overdraft facilities. By enabling customers to define these limits, PNB aims to provide an additional layer of protection against unauthorized access and potential financial losses. The initiative underscores PNB's commitment to enhancing security measures for its internet and mobile banking users.

As of June 30, 2024, Ireland has surpassed Mauritius to secure the fourth position among preferred destinations for Foreign Portfolio Investors (FPIs) directing funds into India. Ireland's assets under custody (AUC) reached Rs 4.41 trillion, slightly higher than Mauritius' Rs 4.39 trillion. The shift in preference is due to various factors, including regulatory challenges and attractive tax treaty benefits offered by European jurisdictions such as Ireland, which boasts a highly developed economy focused on technology, pharmaceuticals, and financial services.

Uttar Pradesh has been reported to have the largest population of Sarus Cranes in India, with the latest summer census showing a total of 19,918 individuals. This marks an increase of 396 cranes from the previous year, highlighting the success of conservation efforts in the state. The census, conducted with the help of 10,000 citizens, reflects the collaborative approach to wildlife monitoring in the region. The consistent growth of the Sarus Crane population in Uttar Pradesh over the years underscores the state's pivotal role in the conservation of this majestic species.

The World Health Organization (WHO) has introduced MeDevIS (Medical Devices Information System), an online platform aimed at providing comprehensive, standardized information on 2301 medical devices. This platform is designed to assist governments, regulators, and users in making informed decisions regarding the selection, procurement, and use of medical devices. By referencing international naming systems and offering a user-friendly database, MeDevIS facilitates easier access to reliable data, thereby supporting policy-makers and contributing to the progress of universal health coverage.

Nagaland was recognized as the best state in horticulture at the prestigious Agriculture Leadership Awards 2024, reflecting its innovative efforts in agricultural development. The award was presented during the 15th Agriculture Leadership Conclave in New Delhi. Nagaland’s success in horticulture is attributed to its introduction of progressive programs and policies that have positively impacted farmers and rural communities. Salhoutuonuo Kruse, the state's Minister for Women's Resource Development and Horticulture, accepted the award, which highlights Nagaland's significant achievements in the agricultural sector.

The photographic exhibition "Thailand-India Interwoven Legacies: Stream of Faith in Buddhism" was inaugurated at the National Museum in New Delhi by Union Minister Gajendra Singh Shekhawat. This exhibition highlights the cultural ties between Thailand and India, focusing on the Thai people's devotion to Bhagwan Buddha and His teachings. It prominently features the Holy Relics of Buddha and disciples, emphasizing the shared Buddhist heritage and cultural exchanges between the two nations.

Exercise Pitch Black 2024 is being hosted by the Royal Australian Air Force (RAAF) at Base Darwin, Australia. The Indian Air Force (IAF) is participating in this biennial, multinational exercise, which aims to enhance international military cooperation and air combat capabilities. The 2024 edition marks the largest in the exercise's history, involving participation from 20 countries, over 140 aircraft, and approximately 4,400 military personnel. The focus of the exercise is on Large Force Employment (LFE) warfare to strengthen operational experience and interoperability among the participating air forces, including the IAF.

PUMA India has been announced as the Official Footwear Partner for the Indian contingent at the Paris Olympics 2024. This collaboration underscores PUMA's commitment to supporting Indian athletes by providing essential gear such as podium and travel footwear, trolleys, backpacks, sippers, yoga mats, headbands, wristbands, socks, and towels. Additionally, the partnership includes a notable representation of PUMA athletes within the Indian Olympic team, making it a significant sponsorship deal in Indian sports history.

The 132nd session of the International Maritime Organization (IMO) Council was held in London from July 8 to July 12, 2024. India, represented by Shri T.K. Ramachandran, Secretary of the Ministry of Ports, Shipping and Waterways, took a prominent role in this session. The Indian delegation emphasized seafarer welfare, and maritime security, and proposed the SACE-SMarT, highlighting India's substantial interest and active involvement in shaping global maritime policies.

The United Nations General Assembly has designated July 12 as the International Day of Combating Sand and Dust Storms. This observance highlights the global concern and the need for action against the detrimental effects of sand and dust storms, which significantly impact the environment, health, agriculture, and socio-economic well-being across various regions of the world. The proclamation of this day underscores the importance of international cooperation in addressing and mitigating the causes and consequences of these storms.