20 April 2024 Current Affairs
20 April 2024 Current Affairs refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 20 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 20 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.
20th April Daily Current Affairs 2024
20 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 20 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.
Chinese Language Day 2024
April 20th marks the Chinese Language Day. Chinese was established as an official language of the United Nations in 1946. It seeks to celebrate multilingualism and cultural diversity as well as to promote equal use of all six official languages throughout the Organization.
World Liver Day 2024
World Liver Day is celebrated universally on April 19. The day concentrates on spreading awareness of liver-related issues and diseases. The liver is one of the crucial body organs, responsible for immunity, digestion, and metabolism. The theme for World Liver Day 2024 is “Keep your liver healthy and disease-free”.
DRDO hands over the first batch of indigenous Leading Edge Actuators & Airbrake Control Modules to HAL for LCA Tejas Mk1A
DRDO’s Aeronautical Development Agency has handed over the first batch of the indigenous Leading Edge Actuators and Airbrake Control Module to Hindustan Aeronautics Limited, marking a significant leap towards self-reliance in aeronautical technologies. The HAL, Lucknow has already made preparations for the production of these units for the current 83 LCA Tejas order.
HDFC Life Chairman Deepak Parekh Resigns; Keki Mistry To Chair The Board
HDFC Life Insurance’s chairman Deepak S Parekh stepped down from his role. The company also said that they have appointed Keki M Mistry as the Chairman of the Board. Mistry has been associated with the company since December 2000 and is currently acting as Non-Executive Director.
Three Indian banks in the top 50 banks in Asia-Pacific by assets
Indian banks have been among the best-performing lenders among peers in Asia. Three Indian lenders made it to the list of top 50 banks by assets in the Asia-Pacific region in 2023, up from two in 2022. The aggregate assets of the lenders rose sharply by 50.5% y/y to $1.51 trillion in 2023. The State Bank of India is at 20th position, HDFC Bank at 33 and ICICI Bank at 48.
The aggregate assets of the lenders rose sharply by 50.5% to $1.510 trillion in 2023. A large part of the increase was due to the merger of HDFC Bank Ltd. with its parent Housing Development Finance Corp. Ltd. in July 2022. HDFC Bank’s assets jumped 51.3% to $466.35 billion after the merger, propelling the bank up 13 places to 33 in the top 50 ranking.
SJVN Green Energy forms JV with Assam Power Distribution Company
State-owned power producer SJVN Limited said its wholly-owned arm SJVN Green Energy has incorporated a joint venture company with Assam Power Distribution Company to generate electricity from renewable sources. SJVN Green Energy will hold 51% of SGEL Assam Renewable Energy.
The joint venture company, SGEL Assam Renewable Energy, shall carry out business in the field of power generation from all renewable energy sources including hydropower by setting up power plants, SJVN said in a regulatory filing said.
Russia-India signs agreement to operate large research hub in New Delhi
The Higher School of Economics, located in Russia, and the University of Delhi signed an agreement on strategic cooperation and joint actions, and a large research hub will begin operating at the partner university here. New Delhi hosted the Indo-Russian Education Summit last week, becoming the largest event of its kind in the history of India-Russia bilateral relations.
Sweden Becomes 38th Signatory to the Artemis Accords
Sweden became the 38th country to sign the Artemis Accords on Tuesday. Currently, the United States, India, and Japan are the only leading spacefaring nations to sign the accords. The accords are a series of non-binding arrangements aimed at setting down norms to be followed in outer space.
The Artemis Accords were initially announced by NASA and the US Department of State in 2020 and it now has 38 signatories, including India and Japan. It provides for the implementation of key obligations from the 1967 Outer Space Treaty and reinforces commitment to the Registration Convention, the Rescue and Return Agreement, and also best practices of responsible behavior.
RBI Policy Committee Flags Inflation Concerns; March Retail Inflation at 10-Month Low
The majority of Reserve Bank of India (RBI) monetary policy committee members expressed caution on upside risks to inflation, particularly emanating from uncertainties in food prices, at the panel’s policy review, showed the minutes of the meeting on April 19. In March, India’s retail inflation eased to a ten-month low of 4.85%, as against 5.09% in February.
This data was released by the Ministry of Statistics and Programme Implementation on April 12.
The inflation numbers were lowest since May 2023, when it was at 4.31%.
The RBI projected CPI inflation for 2024-25 at 4.5% with Q1 at 4.9%; Q2 at 3.8%; Q3 at 4.6%; and Q4 at 4.5%.
India’s economy to grow at 8-8.3 pc in current fiscal: PHDCCI
India’s economy is estimated to grow at 8-8.3% in the current fiscal, industry body PHDCCI said. The country’s GDP will grow at an average of 6.7% over the next 23 years to become a $34.7 trillion economy by 2047, with a per capita income of $21,000, it added.
Gi Tag To Kashi’s Tirangi Barfi, 5 Other Items Of Up
Six more products from Uttar Pradesh have been given the Geographical Indication (GI) tag.
These include the famous ‘Tirangi Barfi’ of Kashi, a tricolored sweet that was sold to prove a point by freedom fighters during the Quit India Movement. With these additions, UP retains its position as the state with the most GI-tagged products in India, reaching a total of 75.
The other products that received the certification in Uttar Pradesh include Banaras Metal Casting Craft, Lakhimpur Kheri Tharu Embroidery, Bareilly Cane and Bamboo Craft, Bareilly Zardozi Craft, and Pilkhuwa Hand Block Print Textile. Tamil Nadu follows behind with 58 GI products.
IFSCA sets up committee to transform GIFT City into climate finance hub
The International Financial Services Centres Authority (IFSCA) has established a standing committee to develop a framework for launching climate finance products, as part of efforts to transform Gujarat International Finance Tec-City (GIFT City) into a “climate finance hub.” The committee is tasked with submitting a report to the government by the end of May 2024.
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