19 April 2024 Current Affairs
19 April 2024 Current Affairs refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 19 April 2024 Current Affairs 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 19 April 2024 Current Affairs lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities.
19th April Daily Current Affairs 2024
19 April 2024 Current Affairs 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 19 April 2024 Current Affairs not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.
Vice Admiral Dinesh K Tripathi was appointed as the next Chief of Naval Staff
The Government has appointed Vice Admiral Dinesh Kumar Tripathi, PVSM, AVSM, NM, presently serving as the Vice Chief of the Naval Staff, as the next Chief of the Naval Staff with effect from the afternoon of April 30, 2024. The present Chief of the Naval Staff, Admiral R Hari Kumar, PVSM, AVSM, VSM retires from service on April 30, 2024.
Born on May 15, 1964, Vice Admiral Dinesh Kumar Tripathi was commissioned into the Executive Branch of the Indian Navy on July 01, 1985. VAdm DK Tripathi has commanded Indian Naval Ships Vinash, Kirch and Trishul.
DRDO conducts successful flight test of Indigenous Technology Cruise Missile from Chandipur off Odisha coast
The Defence Research and Development Organisation conducted a successful flight test of the Indigenous Technology Cruise Missile from the Integrated Test Range, Chandipur, off the coast of Odisha. his successful flight test has also established the reliable performance of the indigenous propulsion system developed by the Gas Turbine Research Establishment (GTRE), Bengaluru.
The missile is also equipped with advanced avionics and software to ensure better and more reliable performance. The missile is developed by Bengaluru-based DRDO laboratory Aeronautical Development Establishment (ADE), along with contributions from other laboratories and Indian industries.
AFMS & IIT Kanpur to collaborate on developing technologies to address health problems faced by soldiers in difficult terrains
The Armed Forces Medical Services signed a Memorandum of Understanding for collaborative research and training with the Indian Institute of Technology Kanpur. AFMS and IIT Kanpur will team up to undertake research and develop new technologies to address health problems faced by soldiers in difficult terrains.
NPCI Bharat Billpay inks tie-up with SBI to facilitate NCMC recharge
NPCI Bharat Billpay announced a tie-up with SBI under which travellers will be able to recharge their National Common Mobility Card through the lender’s app. Customers can easily top-up their NCMC cards with up to INR 10,000 online through Bharat BillPay-enabled platforms, supporting various methods such as prepaid, debit, and credit cards.
RBI imposes Rs 60.3 lakh penalty on five co-operative banks
The Reserve Bank has imposed penalties totalling Rs 60.3 lakh on five cooperative banks for contravention of various regulatory norms.
A penalty of Rs 43.30 lakh has been imposed on Rajkot Nagarik Sahakari Bank for non-compliance with RBI directions on ‘ban on loans and advances to directors and their relatives, and firms/concerns in which they are interested’.
The central bank has imposed a monetary penalty of Rs 5 lakh each on The Kangra Co-operative Bank (New Delhi), Rajdhani Nagar Sahkari Bank (Lucknow), and Zila Sahakari Bank, Garhwal (Kotdwar, Uttarakhand). Besides, a penalty of Rs 2 has been imposed on the District Co-operative Bank (Dehradun).
In electronics exports, Tamil Nadu jumps to top on Apple’s India push
Driven by the aggressive India push from global major Apple, the southern state of Tamil Nadu has become the top state in terms of electronic goods exports in the financial year 2023-24, surpassing Karnataka and Uttar Pradesh. The state posted a 78 per cent increase in exports from $5.37 billion in 2022-23 to $9.56 billion in 2023-24.
In 2023-24, Karnataka became the number two exporting state with $4.62 billion, contributing to 16 per cent of the national exports, followed by Uttar Pradesh with $4.46 billion worth of exports and 15 per cent of the national share. The other top states in the list are Maharashtra ($3.09 billion), Gujarat ($2.75 billion), Delhi ($1.51 billion), Haryana and Telangana.
Bharti Airtel signs deal to merge Sri Lankan unit with Dialog Axiata
Bharti Airtel said it has signed an agreement to merge the operations of its Sri Lankan unit with Dialog, the island nation’s largest telecom provider and a subsidiary of Malaysia’s Axiata Group Berhad. Dialog will acquire 100 per cent of the issued shares in Airtel Lanka.
Bharti Airtel Lanka, a wholly-owned subsidiary of the Indian telecom giant, began commercial operations in Sri Lanka in 2009. Dialog will acquire 100 per cent of the issued shares in Airtel Lanka. In return, Airtel Lanka will be granted a stake in Dialog.
Hindustan Zinc becomes 3rd largest silver producer globally
Vedanta group firm Hindustan Zinc said it has become the third largest producer of silver globally.
As per a survey, its Sindesar Khurd Mine in Rajasthan now stands as the world’s second-largest silver-producing mine, moving up from last year’s fourth spot, the company said in a statement.
Hindustan Zinc, a Vedanta Group company in zinc, lead and silver businesses, is the world’s second-largest integrated zinc producer and now the third-largest silver producer. The company has a market share of 75% of the growing zinc market in India with its headquarters in Udaipur along with zinc, lead mines and smelting complexes spread across Rajasthan.
ITC Infotech to acquire Pune-based Blazeclan Technologies for Rs 485 crore
ITC Infotech has entered into a share purchase agreement for the acquisition of 100 per cent of the share capital of Pune-headquartered Blazeclan Technologies Private Limited for Rs 485 crore. Blazeclan is a born-in-the-cloud consulting company providing cloud services on AWS, Azure, and GCP and provides cloud transformation solutions to customers globally.
RBI approves Ajith Kumar’s appointment as Dhanlaxmi Bank chief
The Reserve Bank of India has approved the appointment of Ajith Kumar K.K as the Managing Director & CEO of Dhanlaxmi Bank for three years with effect from the date of taking charge. In January 2024, the RBI conveyed its approval for extending the term of J K Shivan as Managing Director & CEO of the Bank till his successor assumes office.
India delivers 1st batch of BrahMos supersonic cruise missiles to Philippines
India delivered the first batch of BrahMos supersonic cruise missiles and launchers to the Philippines, two years after the two countries signed a deal worth almost $375 million to equip the Philippine Marines with three batteries of the missiles. This is the first export order for the BrahMos missile developed by India and Russia.
India has set a defence export target of ₹35,000 crore by 2024-25. The BrahMos supersonic cruise missile has a two-stage solid propellant booster engine as its first stage which takes it to supersonic speed. The second stage is the liquid ramjet engine which takes it closer to Mach 3 (3 times the speed of sound) speed in the cruise phase.
Fin Min notifies FEMA tweaks to pave the way for new FDI limits in the space sector
The finance ministry notified amendments to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 to operationalise the new foreign direct investment limits for satellite-related activities. Up to 100% FDI is now allowed under the automatic route for manufacturing of components and systems or sub-systems for satellites, ground segments and user segments.
Up to 74% FDI is now permitted under the automatic route for satellite manufacturing and operation, satellite data products and Ground Segment and User Segment. FDI of over 74% in these activities will require the government’s approval.
Up to 49% will be permitted under the automatic route for launch vehicles and associated systems or sub-systems and the creation of spaceports for launching and receiving spacecraft. Beyond this limit, government approval will be required.
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