30 May 2024 Current Affairs in English

Today’s Current Affairs – 30 May 2024

30 May 2024 Current Affairs refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 30 May 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 30 May 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.

30th May Daily Current Affairs 2024

30 May 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 30 May 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.

International Day of Potato 2024

The very first-ever International Day of Potato is being celebrated, on Thursday, May 30th, 2024! The Food and Agriculture Organization (FAO) of the United Nations designated this day to recognize the importance of the potato as a global food source.

The theme of the International Day of Potato 2024 is “Harvesting Diversity, Feeding Hope”. The theme underscores the fact that with over 5000 improved varieties, and farmers’ varieties/landraces of the crop, there are ample choices for the needs of diverse production systems, culinary preferences, and industrial applications, especially in these turbulent times, when many agrifood systems are in peril around the world. Read the complete article here.

Hindi Journalism Day 2024

The journey of Hindi journalism began on May 30, 1826, with the publication of the first Hindi newspaper, ‘Udant Martand,’ started by Pt. Jugal Kishore Shukla. This day is dedicated to the special contribution of Hindi journalists working for public welfare, imbued with truth & courage. The Hindi publication of Udant Martand was a milestone in the history of Indian journalism.

Praggnanandhaa topples World No. 1 Magnus Carlsen for the first time in a Classical event at Norway Chess 2024

Praggnanandhaa toppled Magnus Carlsen for the first time in a Classical event. The 18-year-old Indian prodigy took down the World No. 1 with the White pieces in the 3rd round of Norway Chess 2024. Praggnanandhaa got an early edge out of the opening and eventually converted it into a victory. With this win, Pragg now takes the sole lead with 5.5 points in the event.

NHAI launches initiative to attract the UAE’s investments for India’s highway expansion

The National Highways Authority of India (NHAI) has launched an initiative to monetize its infrastructure, seeking investments from the UAE to sustain and enhance India’s expanding national highway network. NHAI aims to build lasting UAE investor relationships, with positive responses in Dubai and upcoming meetings in Abu Dhabi.

This initiative represents a strategic move to secure sustainable funding for India’s highway expansion, attract significant capital, and foster a beneficial partnership for both India and investors.

S&P Global Ratings Revised India’s Outlook On Economy To Positive From Stable

S&P Global Ratings revised India’s outlook on the economy to positive from stable. The agency expects broad continuity in economic reforms and fiscal policies regardless of the election outcome. Since September 26, 2014, the Agency placed India’s outlook on the Economy as stable. After a gap of 10 years, the outlook has been upgraded to positive.

Robust economic growth, improvement in the quality of government spending, political commitment to fiscal consolidation, GDP expanding close to 7% annually over the next three years, Improvements in infrastructure and connectivity in India, Expectation for general government deficit to dip to 6.8% by fiscal 28 from 7.9% in fiscal 2025, are the rational behind the outlook.

The agency, however, retained the Sovereign rating at BBB minus, citing Fiscal setting vulnerabilities.

DRDO Successfully Flight-Tested RudraM-II Air-To-Surface Missile From Su-30 MK-I Platform Of IAF

Defence Research and Development Organisation (DRDO) successfully flight-tested the RudraM-II air-to-surface missile from the Su-30 MK-I platform of the Indian Air Force in Odisha. RudraM-II is an indigenously-developed solid-propelled air-launched missile system. A number of state-of-the-art indigenous technologies developed by DRDO laboratories have been incorporated into the missile.

India assumes Chair of Colombo Process for 2024-26

India assumed the Chair of Colombo Process for 2024-26, for the first time since its inception. India looks to promote safe, orderly, and legal migration. The Colombo Process is a Regional Consultative Process of migrant workers originating from South and South East Asia. It serves as a forum for the exchange of best practices on overseas employment.

MEA, MeitY, And CSC E-Governance Services India Ltd Sign MoU To Provide EMigrate Services Through Common Services Centres

External Affairs Ministry, Ministry of Electronics and Information Technology, and Common Services Centers eGovernance Services India Limited have signed a Memorandum of Understanding today to provide the eMigrate services through CSC in the country. eMigrate project aims to assist mainly the blue-collar workers going to Emigration Check Required countries.

The Electronics and Information Technology Ministry said that the project was conceptualized to address issues faced by migrant workers by making the emigration process online seamless and also to bring foreign employers registered recruitment agents and insurance companies on one common platform aimed at promoting safe and legal migration.

PFC receives “CSR Champion Award” at Outlook Planet Sustainability Summit & Awards 2024

Power Finance Corporation Ltd. (PFC) has been honored with the Corporate Social Responsibility (CSR) award in the NF (Non-Fossil Fuel) business category at the Outlook Planet Sustainability Summit & Awards 2024, held in Goa. PFC’s win in the CSR NF category is a testament to its unwavering commitment to social responsibility and sustainable business practices.

REC wins ‘Sustainability Champion – Editor’s Choice Award’ at Outlook Planet Sustainability Summit & Awards 2024

REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power and a leading NBFC has been honored with the ‘Sustainability Champion – Editor’s Choice Award’ at the ‘Outlook Planet Sustainability Summit & Awards 2024’. The Award ceremony was organised by Outlook Group, in collaboration with IIT Goa.

This award recognizes REC’s commitment to sustainability initiatives and its efforts in driving progress towards a greener future. The award highlights the corporation’s pledge to sustainability initiatives, leading the path toward a greener future.

RBI imposes business restriction on Edelweiss group’s EARCL, ECL Finance

The Reserve Bank of India barred the Edelweiss group’s asset reconstruction company from acquiring financial assets and security receipts, and also its non-banking financial arm from undertaking any structured transaction for wholesale exposure, other than repayment and/ or closure of accounts in its normal course of business.

EARCL has also been barred from reorganizing the existing SRs into senior and subordinate tranches. EARCL and ECL Finance were found to be “acting in concert” by entering into a series of structured transactions for “evergreening stressed exposure of ECL, using the platform of EARCL and connected AIFs, thereby circumventing applicable regulations”.

RBI imposes Rs 36.38 lakh penalty on HSBC for violating FEMA regulations

The Reserve Bank of India has imposed a fine of Rs 36.38 lakh on foreign lender HSBC for Foreign Exchange Management Act (FEMA) violations.

The central bank said reporting requirements under the Liberalised Remittance Scheme of FEMA, 1999 were not followed by HSBC. The RBI had issued a show cause notice to HSBC, in response to which the bank submitted a written reply.

Daily Current Affairs 2024

Get a competitive edge in all government exams with Daily Current Affairs 2024 by Oliveboard! Tailored for exams like NABARD Grade A, RBI Grade B, SEBI Grade A, IFSCA Grade A, IBPS PO, IBPS Clerk, SBI PO and SBI Clerk, IDBI Assistant Manager, FCI, SSC CGL, SSC CHSL, LIC AAO, LIC ADO, UPSC CSE & various other exams., our daily updates keep you ahead of the curve. Stay informed about the latest events in politics, economics, technology, and beyond. With concise summaries, Oliveboard’s Daily Current Affairs helps you stay abreast of important topics and enhance your exam preparation. Stay ahead, stay informed, and increase your chances of success with Oliveboard’s Daily Current Affairs 2024!

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