16 January Current Affairs 2024 in English

16 January Current Affairs 2024

16 January Current Affairs 2024 refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 16 January Current Affairs 2024 is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 16 January Current Affairs 2024 lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities.

Download Free February 2024 BOLT PDF (Current Affairs)

16 January Current Affairs 2024 also provides students with insights into issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing the 16 January Current Affairs 2024 not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.

Happy Pongal 2024

Pongal 2024, Celebrations, History & Significance

Pongal 2024 is from January 15 to 18, 2024. It is a four-day harvest festival celebrated by Tamils across India and the world. It marks the end of the winter solstice and the beginning of the sun’s northward journey, heralding the arrival of spring.

Pongal, a vibrant four-day harvest festival celebrated by Tamils across India and the world, holds immense significance that transcends the realm of mere festivities. It’s a celebration deeply rooted in tradition, gratitude, and the harmonious relationship between humans and nature. Read the complete article here.

Pixxel opens new spacecraft manufacturing facility in Bengaluru

Bengaluru-based space data company Pixxel inaugurated its first spacecraft manufacturing facility in Bengaluru. The new facility holds significance as it targets to launch six satellites this year and 18 more by 2025, further advancing its mission of building a “health monitor” for the planet. The facility was inaugurated by S. Somanath, chairman of ISRO.

Reliance Industries sells REC Solar Norway to Elkem ASA for $22 million

REC Solar Holdings AS, a step-down wholly-owned subsidiary of Reliance Industries Ltd (RIL), has informed that it has, on January 14, 2024, entered into a share purchase agreement with Elkem ASA for the sale of its 100% equity stake in REC Solar Norway AS for an aggregate cash consideration of USD 22 million.

Trade deficit falls to three-month low of $19.8 billion in December

India’s trade deficit in December narrowed to a three-month low of $19.8 billion amid an import slowdown due to falling commodity prices.

Merchandise exports during the month grew 0.97% over a year earlier to $38.45 billion, contrary to the trend of a slowdown so far this financial year according to data by the Commerce Ministry.

National Startup Day 2024 (16 January)

On January 15, 2022, Prime Minister Narendra Modi announced January 16, the foundation day of Startup India, as National Startup Day. National Startup Day aims to champion entrepreneurs, cultivate a robust startup ecosystem, and pivot India into a nation of job creators rather than job seekers.

Mahindra Group, Ontario Teachers’ co-sponsor InvIT in renewable energy space

Mahindra Group and global institutional investor Ontario Teachers’ Pension Plan Board have co-sponsored an infrastructure investment trust (InvIT) holding assets of 1.54 GW in the renewable energy space in India. The offer was subscribed by global and Indian investors, including Asian Infrastructure Investment Bank (AIIB).

In 9 years, 248mn pulled out of multidimensional poverty: NITI Aayog paper

NITI Aayog Organizes Workshop on “Indian Development Model”

As many as 248.2 million Indians are projected to have come out of multidimensional poverty between 2013-14 and 2022-23, according to the latest NITI Aayog discussion paper titled ‘Multidimensional Poverty in India since 2005-06’.

India on top for trust in biz, NGOs; 4th for media, 5th in govt: Report

India tops the charts in terms of trust in businesses and NGOs, but it is fourth in terms of trust in media and fifth for the government, an annual trust barometer showed. The Edelman Trust Barometer 2024, released here ahead of the World Economic Forum Annual Meeting, put Saudi Arabia on the top for trust shown by their people in the government and China for trust in media.

Denmark’s King Frederik X Takes Throne As Mother Abdicates

Denmark’s King Frederik X acceded to the throne on Sunday, ushering in a new era after his mother Queen Margrethe abdicated, with more than 100,000 Danes turning out for the unprecedented event. Queen Margrethe, 83, is the first Danish monarch to voluntarily relinquish the throne in nearly 900 years.

Mette Frederiksen is the Prime Minister of Denmark since 2019.

The book “An Uncommon Love: The Early Life of Sudha and Narayana Murthy” released

Sudha Kulkarni was forging a career as TELCO’s first woman engineer when she met the serious, idealistic, and brilliant Narayana Murthy, and they fell in love. From their courtship to Infosys’s founding years, from their marriage to parenthood – told by Chitra Banerjee Divakaruni in the book An Uncommon Love: The Early Life of Sudha and Narayana Murthy.

RBI releases draft norms for fintech self-regulatory organizations

The Reserve Bank of India’s (RBI’s) draft norms for self-regulatory organisations for the fintech sector (SRO-FT) has proposed that such entities should have a robust IT infrastructure and the ability to deploy technological solutions within a reasonable timeframe.

RBI proposes tighter norms for deposit-taking housing finance companies

Deposit-taking housing finance companies (HFCs) will have to maintain 15% liquid assets against public deposits held by them, up from a stipulated 13%.

The Reserve Bank of India (RBI) has proposed enhanced requirements of liquid assets as part of steps to harmonize regulations for housing finance and non-banking financial companies (NBFCs).

PM Modi Releases First Instalment to 1 Lakh PMAY-G Beneficiaries

Prime Minister Narendra Modi on Monday released the first installment to one lakh beneficiaries of Pradhan Mantri Awas Yojana – Gramin (PMAY-G) under Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM-JANMAN).

54th World Economic Forum Summit Begins in Davos, Switzerland: Focus on Trust, Technology, and Global Challenges

The 54th annual meeting of the World Economic Forum has begun today at Davos, Switzerland. The theme of the conference is Rebuilding Trust, emphasizing the focus on exploring the opportunities enabled by the new technologies and their implications on decision-making and global partnership

IndusInd Bank ties up with EazyDiner to launch credit card

IndusInd Bank has launched the ‘EazyDiner IndusInd Bank Platinum Credit Card’ in association with EazyDiner. The credit card offers an additional discount of ₹500 while paying through the EazyDiner App via PayEazy for both dining and takeaway at select restaurants.

Rohit Sharma becomes first player to feature in 150 T20Is

India skipper Rohit Sharma on January 14 became the first player in the history of cricket to play 150 T20 internationals when he featured in the second T20 match against Afghanistan at the Holkar Stadium in Indore. Among the Indians, Virat Kohli is in the second position with 116 T20Is to his name. He is followed by MS Dhoni, who played 98 matches for the Indian team.

Shubham Mittal

Shubham Mittal is a renowned current affairs writer and expert in government exam preparation, inspiring readers with insightful articles and guiding aspirants with his expertise.

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