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Daily Current Affairs 8th Aug, 2024

Dear Readers,

1. This post contains important current affairs of 8thAug, 2024. It includes the current affairs of 8th Aug, 2024 from all the Major Domains such as National, International, Business, Sports etc.

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National News

  • Pilgrimage to Shri Baba Buddha Amarnath Commences in J&K: The annual 10-day pilgrimage to Shri Baba Buddha Amarnath in the Loran Valley of Poonch district begins today, concluding on the 19th. The event aligns with Sawan Purnima and Raksha Bandhan, with tight security and extensive arrangements in place.
  • India’s Renewable Energy Capacity Soars by 165% in a Decade: India’s renewable energy capacity has increased by 165% over the past decade, growing from 76.38 GW in 2014 to 203.1 GW in 2024, making India the fourth largest in renewable energy capacity globally.
  • Why Waqf Board Amendment Bill 2024 Is In News: The Waqf (Amendment) Bill, 2024, will be introduced in the Lok Sabha by Minority Affairs Minister Kiren Rijiju, proposing over 40 amendments including representation of Muslim women and non-Muslims on Waqf boards.
  • What is Broadcast Services Bill 2024?: The Broadcasting Services (Regulation) Bill, 2024, aims to replace the Television Network Act of 1995, classifying influencers or social media pages creating or writing about current affairs or news online as ‘digital news broadcasters’.

International News

  • China to Launch Satellite Constellation to Rival Musk’s Starlink: China is launching the first batch of satellites for the “Thousand Sails” constellation, aiming to compete with SpaceX’s Starlink Internet network.

States News

  • Andhra Scraps 2-Child Policy For Individuals To Contest Local Body Polls: Andhra Pradesh abolishes the two-child norm for local body elections due to the state’s declining fertility rate.

Appointments News

  • Centre Reshuffles Senior Bureaucrats, Amit Negi Made Additional Secretary: Senior IAS officer Amit Singh Negi is appointed as an additional secretary in the PMO, amidst a significant reshuffle of top-level bureaucrats.

Defence News

  • Indian Army Conducts ‘Parvat Prahaar’ Exercise in Ladakh: The Indian Army conducts ‘Parvat Prahaar’ in Ladakh, focusing on high-altitude warfare and operations near the India-China border.

Banking News

  • RBI August 2024 MPC Meeting: Repo Rate Unchanged at 6.5%: The RBI maintains the benchmark interest rates at 6.5% for the ninth consecutive time, indicating a cautious approach to monetary policy.
  • RBI Hikes UPI Limit for Tax Payments to Rs 5 Lakh per Transaction: The RBI raises the UPI limit for tax payments to Rs 5 lakh per transaction to boost digital payments and facilitate larger transactions.

Economy News

  • Deloitte India Predicts Economic Growth Between 7% and 7.2% in FY25: Deloitte’s India Economic Outlook forecasts robust economic growth driven by strong fundamentals, predicting GDP growth between 7.0% and 7.2% in FY25.

Awards News

  • Rashtriya Vigyan Puraskar 2024 Announced: The Indian government announces the inaugural Rashtriya Vigyan Puraskars to recognize outstanding contributions to science, technology, and innovation.

Sports News

  • Paris Olympics 2024: Vinesh Phogat Announces Retirement From Wrestling: Vinesh Phogat retires from wrestling following a disappointing outcome at the Paris Olympics 2024.

Important Days

  • Quit India Movement Day: Commemorates the launch of the Quit India Movement in 1942, a pivotal moment in India’s struggle for independence.

Obituaries News

  • Gandhian Shobhana Ranade Passes Away at 99: Shobhana Ranade, a renowned Gandhian and Padma Bhushan recipient, passes away at 99, leaving a lasting impact on social reform in India.
  • Buddhadeb Bhattacharjee, Former W.B Chief Minister, Passes Away: Former West Bengal Chief Minister Buddhadeb Bhattacharjee passes away at 80 after suffering from chronic obstructive pulmonary disease.
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