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Daily Current Affairs 10th May 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 10th May 2023. It includes all Major National, International, Business and Sports related current affairs of 10th May 2023. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 10th May 2023 Current affairs test.

National & International Appointments

1. Power Finance Corporation to potentially have Parminder Chopra as Chairperson

  • The Public Enterprise Selection Board (PESB) has proposed Parminder Chopra for the position of Chairman and Managing Director of Power Finance Corporation (PFC).
  • If appointed, she would become the first female to lead this Maharatna firm.
  • She has been associated with the company since 2005.
  • Overview of Power Finance Corporation:
    • It stands as the topmost NBFC in India when measured by net worth.
    • Founded on 16th July 1986, it has its headquarters in New Delhi.

Science & Technology

2. Joint venture between IIT Madras and DRDO results in underwater sensor technology

  • A collaboration between IIT Madras and DRDO has produced an advanced sensor technology for use in underwater communication.
  • This homegrown tech promises more cost-effective manufacturing of devices.
  • The ‘Piezoelectric MEMS technology’ is essential for crafting high-end thin films and transforming this ‘piezo thin film’ into cutting-edge naval sensors for underwater use.
  • Piezo Thin Films form the backbone of piezo MEMS devices.

Honours & Awards

3. Lionel Messi from Argentina secures Laureus Sportsman of the Year 2023 title

  • Argentine soccer player, Lionel Messi, earned the title of Sportsman of the Year at the 2023 Laureus World Sports Awards, a recognition for his outstanding performance on the field, especially his pivotal role in Argentina’s FIFA World Cup triumph.
  • The accolades went to:
    • Sportswoman of the Year: Shelly-Ann Fraser-Pryce (Jamaica) in Athletics
    • Best Team: Argentina Men’s Soccer Team
    • Breakout Star: Carlos Alcaraz (Spain) in Tennis
    • Best Comeback: Christian Eriksen (Denmark) in Football

4. Indonesia hosts the 42nd ASEAN Summit

  • Indonesia is the venue for the 42nd meeting of the Association of Southeast Asian Nations (ASEAN).
  • The 2023 theme is “ASEAN Affairs: Epicenter of Growth”, reflecting the ambition of the group to position itself as a pivotal player in worldwide development.
  • Joko Widodo, the current ASEAN president, highlighted the vast potential of the ASEAN area, boasting around 650 million residents and a consistent record of economic growth surpassing the global average. He stressed the need for ASEAN nations to collaborate and make Southeast Asia the world’s growth nucleus.
  • Originally, ASEAN was conceived in 1967 by nations including Malaysia, Indonesia, the Philippines, Thailand, and Singapore.

5. Petersberg Climate Dialogue 2023 convenes in Berlin

  • Berlin, Germany was the host city for the Petersberg Dialogue 2023 focused on Climate Change.
  • Germany’s Federal Foreign Office and the UAE, who will oversee COP28, jointly organized this edition of the PCD.
  • This 14th dialogue series saw participation from representatives of 40 nations. It primarily aims to foster trust in international climate discussions and among nations.
  • 2023 stands out as the year of the Global Stocktake, an initiative to periodically evaluate global climate actions and their alignment with the Paris Agreement’s objectives.

Significant Day

6. May 10 marks the International Day of Argania

  • Every year, the International Day of the Argan Tree is commemorated on May 10, highlighting its global ecological significance.
  • This day was instituted by UNESCO in 2021.
  • Earlier, in 1988, the Arganeraie Biosphere Reserve, home to the argan tree, had been recognized by UNESCO.
  • Additionally, UNESCO, in 2014, added the traditions and expertise linked with the argan tree to its List of the Intangible Cultural Heritage of Humanity.
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