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Daily Current Affairs 11th May 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 11th May 2023. It includes all Major National, International, Business and Sports related current affairs of 11th 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 11th May 2023 Current affairs test.

 

National & International Appointments

1. Transition in L&T’s Leadership

  • Larsen & Toubro’s board has officially appointed S N Subrahmanyan as their Chairman and Managing Director, effective October 1, 2023.
  • Subrahmanyan is set to succeed A M Naik, who will conclude his tenure as the Non-Executive Chairman of L&T Group on September 30, 2023.
  • Currently, Subrahmanyan serves as L&T’s CEO and Managing Director.
  • Among his notable achievements, he previously held the position of Deputy MD & President, during which he spearheaded L&T’s infrastructure segment, positioning it as the leading construction entity in the country.

Science & Technology

2. IBM’s Collaboration with NASA

  • IBM, in association with NASA, is launching a groundbreaking geospatial foundation model.
  • This initiative aims to transform satellite data into intricate maps that depict events such as floods and wildfires, providing insights into Earth’s past and possible future scenarios.
  • The public is expected to preview this innovation later in 2023, after which it will be incorporated into IBM’s forthcoming enterprise platform, watsonx.ai.

3. Badminton Asia’s Committee Leadership Appointment

  • Umar Rasheed, Badminton Association of India (BAI)’s joint secretary, has been appointed by Badminton Asia to lead the Technical Officials Committee.
  • Rasheed will be responsible for the creation and implementation of rules to elevate officiating standards in national badminton matches.
  • As the General Secretary of the Assam Badminton Association, he has played a pivotal role in promoting badminton in Assam and the broader Northeast region of India.
  • Badminton Association of India (BAI) Overview:
    • Founded in: 1934
    • Headquarters: New Delhi
    • Current President: Himanta Biswa Sarma

Defence

4. 35th Edition of Indo-Thai Naval Partnership

  • The 35th instance of the India-Thailand Coordinated Patrol (Indo-Thai CORPAT), involving participation from the Indian Navy and the Royal Thai Navy, concluded in the Andaman Sea on May 10, 2023.
  • Purpose: Strengthening naval ties between the two nations and ensuring the security of international trade routes in the Indian Ocean.
  • The naval collaboration saw participation from ships such as the indigenous LST (L) INS Kesari and the Chao Phraya Class Frigate HTMS Saiburi.

Sports

5. ICC’s Latest Global Sponsorship Deal

  • Mastercard, the renowned global financial company, has been announced as the International Cricket Council (ICC)’s new global sponsor, succeeding BharatPe.
  • This partnership between Mastercard and ICC is set for several years, covering the upcoming four.
  • Recently, Mastercard has also acquired the sponsorship rights for BCCI’s international and domestic matches, taking over from Paytm.
  • International Cricket Council (ICC) Overview:
    • Function: Global administration of cricket
    • Originally founded in 1909 as the Imperial Cricket Conference
    • Rebranded in 1965 and adopted its present name in 1987
    • Established on: 15 June 1909
    • Main Office: Dubai, UAE
    • Leadership includes Chairman – Greg Barclay, Deputy Chairman – Imran Khwaja, CEO – Geoff Allardice, and General Manager – Wasim Khan
    • Membership spans across 108 nations

Important Dates

6. Observance of National Technology Day 2023

  • India annually commemorates National Technology Day on May 11, in remembrance of the successful nuclear test carried out in Pokhran, Rajasthan, on this date in 1998.
  • The theme for 2023 is “School to Startups-Igniting Young Minds to Innovate.”
  • This celebration was initiated by former Prime Minister Atal Bihari Vajpayee to honor Indian scientists’ contributions.
  • Significant Event: On this day in 1998, the Shakti-I nuclear missile test was successfully conducted in Pokhran, Rajasthan.
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