Current Affairs - July 23, 2024 Current Affairs

Indian Oil Corporation Ltd (IOCL) partnered with the Indian Navy to advance hydrogen and fuel cell technology for heavy-duty e-mobility. As part of this collaboration, IOCL handed over a green hydrogen fuel cell bus to the Indian Navy. This initiative aims to promote the use of hydrogen as a clean energy source in transportation. The Memorandum of Understanding was signed in the presence of key officials, including Admiral Dinesh K Tripathi and S M Vaidya, highlighting the commitment of both entities to innovative and sustainable technologies.

Charaideo Maidam, located in Assam, has been nominated for UNESCO World Heritage status, aiming to be North East India’s first cultural site on the list. These ancient burial mounds, constructed for Ahom kings and nobles, are of great historical and cultural significance. The nomination, announced by Prime Minister Modi, highlights Assam's rich heritage and seeks to recognize the unique practices and traditions of the Ahom community, marking an important step in preserving and promoting Assamese culture globally.

Vani Kapoor is a professional golfer who recently performed exceptionally well at the Dutch Ladies Open, finishing T-20 with a 2-under 70. Her performance was notable among the three Indian participants, with three birdies and one bogey in her round. The Dutch Ladies Open is part of the Ladies European Tour, highlighting Vani Kapoor's prominence in the sport of golf.

Meghalaya recently launched the OTT platform 'Hello Meghalaya,' designed to support regional languages and provide a space for minor and principal matrilineal communities to showcase their stories. This platform offers financial support for film production and incentives for regular uploads, aiming to promote and celebrate regional content. The initiative follows Kerala's CSpace, reflecting a growing trend of regional governments supporting local media and cultural projects.

Abhinav Bindra, India’s first individual Olympic gold medallist, is being honoured with the prestigious Olympic Order by the International Olympic Committee (IOC). This award, recognizing distinguished contributions to the Olympic Movement, will be presented to Bindra at the 142nd IOC Session in Paris on August 10, 2024. Bindra's achievement in winning the men’s 10-meter air rifle event at the 2008 Beijing Olympics and his ongoing contributions as a member of the IOC Athlete Commission underscore his significant impact on sports.

National Broadcasting Day in India is observed annually on July 23 to commemorate the beginning of organized radio broadcasting in the country, which started with the establishment of the Indian Broadcasting Company on July 23, 1927. This day highlights the significant role that broadcasting has played in India's development, including educational outreach, cultural preservation, and national unity.

The Atal Innovation Mission (AIM) at NITI Aayog and the World Intellectual Property Organisation (WIPO) partnered on July 22 to develop joint innovation programs in the Global South. This partnership aims to leverage India’s innovation models for similar developing countries, enhance intellectual property awareness, and foster inclusive and sustainable economic growth. WIPO’s involvement underscores its commitment to integrating youth in the global IP ecosystem and promoting innovation and creativity to achieve the Sustainable Development Goals.

PR Sreejesh is a prominent figure in hockey. He has had an illustrious career as the Indian hockey goalkeeper, contributing significantly to the team's success, including a bronze medal at the Tokyo 2021 Olympics. Sreejesh has been recognized with numerous accolades such as the Major Dhyan Chand Khel Ratna and the Padma Shri, and his leadership has been instrumental in the resurgence of Indian hockey.

The book "Jamsetji Tata: Powerful Learnings For Corporate Success" is authored by R. Gopalakrishnan and Harish Bhat. It provides insights into the entrepreneurial principles of Jamsetji Tata, whose vision led to the creation of successful brands like Tata Tea, Tata Motors, Titan, and Tanishq. The authors bring to life the story of Jamsetji Tata, highlighting his pioneering spirit, humaneness, and the enduring values he institutionalized within the Tata organization, which have significantly contributed to India's industrial development.

Atiqa Mir, a nine-year-old racer from Srinagar, made history by becoming the first female racer to win a race in the Rotax Challenge International Trophy. Competing in the Micro Max category for the Dan Holland Racing Team at the prestigious Le Mans Kart International Circuit, Atiqa showcased exceptional racing skills. Her performance included consistently fast lap times and securing first place in the second race of the heats, marking a significant achievement in the field of kart racing.

The Small Industries Development Bank of India (SIDBI) received funding approval of $215.6 million from the Green Climate Fund to establish a $1 billion corpus for financing mitigation and adaptation projects for Medium and Small Enterprises (MSMEs). This fund aims to provide nearly 10,000 concessional loans to promote low-emission, climate-resilient technologies, contributing to substantial greenhouse gas emission reductions and benefiting millions of vulnerable communities.

KV Subramanian has been appointed as the new Managing Director and Chief Executive Officer of Federal Bank, with his term starting on September 23, 2024. Prior to this role, Subramanian was the Joint Managing Director of Kotak Mahindra Bank. Federal Bank, headquartered in Aluva, Kerala, is a prominent Indian private sector bank founded on April 23, 1931, by K. P. Hormis. His appointment marks a significant leadership transition for the bank.