18 January Current Affairs 2024 in English

18 January Current Affairs 2024

18 January Current Affairs 2024 refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 18 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 18 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.

18 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 18 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.

Last Day of Pongal 2024 Celebration

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.

Asia’s largest civil aviation event, Wings India 2024 underway in Hyderabad

Union Civil Aviation Minister Jyothiraditya Scindia inaugurated the prestigious Wings India 2024 and Global Aviation Summit at Begumpet Airport in Hyderabad. The Airports Authority of India in collaboration with the Civil Aviation Ministry and FICCI has organised the four-day event.

Rameshbabu Praggnanandhaa surpasses Viswanathan Anand to become India’s number-one Chess player

India Chess Wizard Rameshbabu Praggnanandhaa defeated World Chess Champion Ding Liren in the Tata Steel Masters in Wijk aan Zee, in the Netherlands. As a result of this victory, Praggnanandhaa became only the second Indian after Vishwanathan Anand to defeat a reigning champion. He also overtook Anand to become India’s new number-one Chess player in terms of live ratings.

Indian economy expected to grow at 7.3% in current fiscal, says RBI Governor at World Economic Forum in Davos

RBI Governor Shaktikanta Das stressed that according to the first advance estimate, released by the National Statistical Office (NSO), India’s economy is expected to grow at 7.3% in FY2024. He said this at a chat as part of the World Economic Forum (WEF) in Davos, Switzerland. Mr Das said that India’s growth momentum will be maintained in the future years.

LIC becomes the most valuable PSU firm, surpasses SBI in market valuation

Life Insurance Corporation of India (LIC) surpassed the State Bank of India (SBI) to become the country’s most valued PSU firm by market valuation. The market capitalisation of LIC stood at Rs 5,60,964.05 crore, which is Rs 2,149.47 crore more than SBI’s Rs 5,58,814.58 crore valuation. LIC stood at the ninth place in the ranking of the top ten most valued firms.

Adani Group to invest Rs 50,000 cr to set up data centre in Maharashtra

Adani Group will invest Rs 50,000 crore over the next 10 years in setting up a 1 GW data centre in Maharashtra, the apples-to-airport conglomerate. Adani Enterprises Ltd, the flagship company of the group, and the Maharashtra government, signed a memorandum of understanding (MoU) for setting up the 1 GW (gigawatt) hyperscale data infrastructure.

Apple reclaims most valued brand title; Tata only Indian brand in top 100

Technology companies continue to be the most valued brands globally, with the top five most valued companies from the technology sector, according to Brand Finance 2024. Samsung has entered the top five most valued brands globally.

Apple secured the first position after falling to the second spot in 2023. Apple’s brand value increased by $219 billion to $517 billion.

Google Pay signs agreement to expand UPI for international payments

Google Pay and NPCI International Payments on signed an agreement to expand the scope of Unified Payments Interface payments outside India. It will enable Indian travellers to transact digitally abroad while establishing systems similar to UPI in other countries. The memorandum of understanding (MoU) was signed at a time when India was simplifying cross-border payments.

IIT Madras partners with technology firm Altair for e-mobility lab

Indian Institute of Technology Madras (IIT Madras) has partnered with Altair, a company providing solutions in simulation high-performance computing and artificial intelligence, to start a laboratory for e-mobility.

The eMobility Simulation Lab at the Department of Engineering Design, IIT Madras, will have the latest tools along with financial support from Altair.

MeitY Secretary launches India’s First Graphene Centre, IoT CoE in Kerala

MeitY Secretary S Krishnan launched a Centre of Excellence (CoE) in Intelligent Internet of Things (IIoT) Sensors and India’s first graphene centre – India Innovation Centre for Graphene (IICG) in Kerala. The India Innovation Centre for Graphene (IICG) has also been established at Makers Village Kochi by MeitY and the Government of Kerala along with Tata Steel Limited.

Apple dethrones Samsung as the top phone maker for the first time since 2010

Apple Inc.’s iPhone dethroned Samsung Electronics Co. devices to become the best-selling smartphone series throughout 2023, the first time South Korea’s largest company has lost the top spot since 2010. The iPhone accounted for a fifth of the global market with close to 235 million shipments last year, research firm IDC estimates.

DMI group acquires BNPL startup ZestMoney in a distress sale deal

DMI Group, a pan-India financial services platform, on Wednesday night, said it has acquired the beleaguered ‘buy now pay later’ (BNPL) ZestMoney (Zest) platform. DMI, which has raised over $1.5 billion of equity investment and is supported by global institutional investors and international banks, didn’t reveal the value of the transaction.

Lionel Messi named FIFA’s best men’s player for 2023; Aitana Bonmati shines in women’s category

Lionel Messi was crowned FIFA’s best men’s player for 2023, claiming the prestigious award for the third time in a surprising turn of events at the FIFA awards ceremony in London. Messi retained the award by beating Manchester City’s treble-winning Norwegian striker Erling Haaland in a tie-break as France’s Paris Saint-Germain forward Kylian Mbappe finished

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