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Daily Current Affairs 11th April, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 11th April, 2024. It includes all Major National, International, Business and Sports related current affairs of 11th April, 2024. 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 11th April, 2024 Current affairs test.

National News

Homoeopathy Symposium Launched by President of India on World Homoeopathy Day

On World Homoeopathy Day, April 10, 2024, President Smt Droupadi Murmu unveiled a homoeopathy symposium in New Delhi, spanning over two days. This event, orchestrated by the Central Council for Research in Homoeopathy, carries the theme “Empowering Research, Enhancing Proficiency,” underscoring its importance in today’s era.

International News

Joint Efforts by India and Kazakhstan to Strengthen Counter-Terrorism Post-Moscow Attack

Following a terrorist attack in Moscow, believed to be the work of Central Asian extremists influenced by Pakistani religious schools, India and Kazakhstan convened in Astana. Their meeting aimed at intensifying their joint counter-terrorism efforts.

Business News

Collaboration Between KABIL and CSIR-IMMT to Promote Advancement in Critical Minerals

Khanij Bidesh India Limited (KABIL) and the Council of Scientific and Industrial Research – Institute of Minerals and Materials Technology (CSIR-IMMT) have inked a Memorandum of Understanding (MoU). This partnership is set to enhance India’s security in minerals through the application of CSIR-IMMT’s expertise in mineral processing and metallurgy.

India’s Peace Clause Invocation at WTO for Rice Subsidies Continues

For the fifth year running, India has invoked the peace clause at the World Trade Organization (WTO), relating to the exceedance of rice subsidy limits during the 2022-23 marketing year. Despite surpassing the 10% limit for domestic support, India remains shielded from penalties thanks to the peace clause established at the 2013 Bali ministerial conference.

FY24 Witnesses Significant Growth in General Insurance Industry

The gross direct premium of the non-life insurance sector saw a growth of 12.78% in FY24, reaching Rs 2.89 trillion, although it fell slightly short of the Rs 3 trillion target. This was due to a decline in health, motor, and crop insurance sectors. The sector’s overall growth was marked by a 14.24% increase year-on-year, with public sector insurers growing by 8.99% and private sector insurers by 17.53%.

Ranks and Reports News

India Holds Second Place Globally in Hepatitis B and C Infections

According to the World Health Organisation’s 2024 Global Hepatitis Report, India ranks just behind China with 35 million Hepatitis B and C cases, marking it as a significant health challenge. The report indicates that globally, 254 million are afflicted with Hepatitis B and another 50 million with Hepatitis C.

Banking News

ICICI Lombard and Policybazaar Form Partnership for Broader Insurance Distribution

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ICICI Lombard General Insurance Company has partnered with Policybazaar to broaden its insurance distribution reach across India. This alliance seeks to utilize Policybazaar’s digital platform to offer diverse insurance products to an estimated 10 million customers.

HDFC Bank Opens First Private Sector Bank Branch in Lakshadweep

HDFC Bank has inaugurated its branch in Kavaratti, Lakshadweep, becoming the first private sector bank to establish a presence in the Union Territory. This branch aims to enhance the banking infrastructure, focusing on personal and digital banking solutions, including QR-based transactions for local retailers.

Ranks and Reports News

Hurun Global Unicorn Index 2024 Reveals Changes in Global Startup Ecosystem

The 2024 Hurun Global Unicorn Index reveals the current state of the global startup ecosystem, with the United States leading with 703 unicorns, China with 340, and India in third place with 67 unicorns. This marks the first time since 2017 that India has seen a decline in its number of unicorns, primarily due to investment shortages despite a strong stock market.

Schemes News

NTPC Limited Announces New Edition of Girl Child Empowerment Mission (GEM)

NTPC Limited is set to launch an updated version of its Girl Child Empowerment Mission (GEM), supporting the Government of India’s Beti Bachao, Beti Padhao initiative.

‘Shakti – A Festival of Music and Dance’ Organized by Sangeet Natak Akademi

The Sangeet Natak Akademi is hosting ‘Shakti – A Festival of Music and Dance’ at seven Shaktipeeths across India from April 9 to 17, 2024. This event, part of the Kala Pravah series, aims to rejuvenate temple traditions during Navratri.

Sports News

Harendra Singh Takes Helm of Indian Women’s Hockey Team for 2028 Olympics

Hockey India has appointed Harendra Singh, a former Indian hockey player and Dronacharya awardee, as the coach of the senior national women’s hockey team, succeeding Janneke Schopman who stepped down following the team’s failure to qualify for the Paris Olympics 2024.

Awards News

‘Best Scientific Poster Award’ 2024 Won by Dr. Agarwal’s Eye Hospital

The research team at Dr. Agarwal’s Eye Hospital has been awarded the ‘Best Scientific Poster Award’ at the 2024 American Society for Cataract and Refractive Surgery (ASCRS) Annual Meeting. Their study focused on the effectiveness of RevitalVision vision-training software for patients with stable keratoconus post Crosslinking surgery.

Obituaries News

Nobel Laureate and Physicist Peter Higgs Passes Away at 94

Peter Higgs, the British physicist known for his discovery of the Higgs Boson or “God Particle,” has passed away at 94. Awarded the Nobel Prize for Physics in 2013, his work was pivotal in understanding the universe’s formation post-Big Bang.

Miscellaneous News

A Few Companies Major Contributors to Global Carbon Emissions

A report by ‘InfluenceMap’ highlights that merely 57 companies are behind 80% of the global carbon emissions from fossil fuels and cement over the past seven years. These emissions, primarily from the production of oil, gas, coal, and cement, underline the challenge in meeting the Paris Climate Change Agreement’s net zero target.

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