5 February 2024 Current Affairs
5 February 2024 Current Affairs refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 5 February 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 5 February 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.
5 Feb 2024 Daily Current Affairs
5 February 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 5 February 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 Human Fraternity 2024
On February 4, 2019, the historic document – Human Fraternity for World Peace and Living Together – was signed by the Grand Imam of Al-Azhar, Ahmad Al-Tayyeb, and Pope Francis. On December 21, 2020, International Day of Human Fraternity was established by the United Nations General Assembly. International Day of Human Fraternity is observed on February 4 every year.
India formally launches UPI at the iconic Eiffel Tower in Paris
India formally launched the Unified Payments Interface (UPI) at the iconic Eiffel Tower in Paris. The UPI is India’s mobile-based payment system developed by the National Payments Corporation of India (NPIL) in 2016. It allows people to make round-the-clock payments through a virtual payment address created by the customer.
Indian musicians Shankar Mahadevan and Zakir Hussain’s fusion band Shakti bags Grammy award
Prominent Indian musicians Shankar Mahadevan and Zakir Hussain’s fusion band Shakti bagged the prestigious Grammy award today. They clinched the award in the Best Global Music Album category for their latest album This Moment.
LK Advani to be honored with Bharat Ratna, India’s Highest Civilian Award
Prime Minister Narendra Modi announced that senior BJP leader Lal Krishna Advani will be conferred with the Bharat Ratna. He will be the 50th recipient of the highest civilian award since its inception and 7th during the Modi Government regime.
Mukesh Ambani top placed India, No.2 globally in Brand Guardianship Index
Billionaire Mukesh Ambani has been ranked first among all Indians and second globally in the Brand Guardianship Index 2024 compiled by Brand Finance.
The chairman and managing director of Reliance Industries Ltd overtakes the likes of Microsoft’s Satya Nadella, and Google’s Sundar Pichai to be ranked No.2 globally only behind Tencent’s Huateng Ma.
IBBI allows the same RP for company and personal guarantor insolvency
The Insolvency and Bankruptcy Board of India (IBBI) has lifted the restriction to allow the same insolvency professional for the resolution process of a company as well as its guarantor for better harmonization and effective coordination of both processes.
Adani Group’s $1.2 Billion Copper Plant To Boost India’s Metal Production
Billionaire Gautam Adani-led group is building the world’s largest single-location copper manufacturing plant at Mundra in Gujarat. The plant will help cut India’s dependence on imports and aid the energy transition.
The 1.2-billion dollar facility will start operations of the first phase by March-end. It will achieve its full-scale 1 million tonnes capacity by 2029.
ESAF Small Finance Bank joins with Edelweiss Tokio Life to offer life insurance products
ESAF Small Finance Bank on Friday announced a bancassurance partnership with Edelweiss Tokio Life Insurance in a move to extend financial security to a broader section of the unbanked and underbanked population. The partnership aims to widen the accessibility of innovative life insurance products.
US approves $4B sale of 31 Armed Drones to India
The US State Department has approved the potential sale of 31 armed drones, missiles, and other equipment to India for nearly $4bn (£3.14bn). The MQ-9B Predator drone deal was announced during PM Narendra Modi’s visit to the US in June 2023.
- The deal will now be confirmed after approval from the US Congress.
- It includes the sale of 31 armed MQ-9B SkyGuardian drones, 170 AGM-114R Hellfire missiles, 310 laser small-diameter bombs, communications and surveillance equipment, and a precision glide bomb, the Pentagon said. General Atomics Aeronautical Systems will be the principal contractor for the deal.
Govt to sell ‘Bharat Rice’ at ₹29/kg in retail outlets from Feb 9
The Centre decided to sell rice under the ‘Bharat’ Brand at ₹29 per kg from next week directly to consumers in 5- and 10-kg packs through the cooperatives Nafed, NCCF, and Kendriya Bhandar. This comes after its request to rice millers to bring down prices failed to yield the desired results.
EXERCISE VAYUSHAKTI 2024
The Indian Air Force will be conducting Exercise Vayu Shakti-24 on 17 February 2024 at the Pokhran Air to Ground Range, near Jaisalmer. The last edition of exercise Vayu Shakti was held on 16 February 2019. As always, Ex Vayu Shakti will be a riveting demonstration of the offensive and defensive capabilities of the IAF, spanning across day and night.
India, Oman ink pact for collaboration in defense sector
India and Oman signed an agreement that would provide a framework for collaboration in new areas of defense engagement including procurement of military equipment. The Memorandum of Understanding (MoU) was firmed up at a meeting of the India-Oman Joint Military Cooperation Committee (JMCC) in Muscat.
Asian Cricket Council reappoints Jay Shah as President for a third term
The Board of Control for Cricket in India secretary Jay Shah was appointed as president of the Asian Cricket Council for a third consecutive term on 31 January, said ACC in a release. Shah, who took over the reins of the ACC in January 2021 from the president of the Bangladesh Cricket Board Nazmul Hassan, became the youngest administrator to be re-appointed as the ACC President.
Indian Navy declares 2024 as ‘Year Of Naval Civilians’
Indian Navy has declared 2024 as the ‘Year of Naval Civilians’ to improve the administration, efficiency, and well-being of Naval Civilians by addressing all facets of Civilian HR Management in a time-bound manner. Major focus areas are towards maximizing administrative efficiency, digital initiatives, generic and specific training programs, and welfare activities.
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