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Daily Current Affairs 15th June, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 15th June, 2024. It includes all Major National, International, Business and Sports related current affairs of 15th June, 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 15th June, 2024 Current affairs test.

National News

India Becomes Second Largest Nitrous Oxide Emitter

  • India has ascended to become the world’s second-largest emitter of nitrous oxide (N2O), a potent greenhouse gas, contributing nearly 11% of global anthropogenic emissions in 2020, trailing only behind China’s 16%.
  • A substantial portion of these emissions is attributed to the use of fertilizers, as highlighted in a recent publication in Earth System Science Data on June 12.

India Overtakes Hong Kong in Global Equity Markets

  • The Indian equity market has surpassed Hong Kong, reclaiming its status as the fourth-largest globally in terms of market capitalization.
  • The market value in India surged to $5.2 trillion, a 10% increase following recent elections, while Hong Kong’s market value declined by 5.4% to $5.17 trillion.

Kheer Bhawani Festival Attracts Kashmiri Pandits

  • A significant number of Kashmiri Pandits gathered at the Kheer Bhawani temple in Ganderbal district, Kashmir Valley, for the Zyestha Ashtami festival on June 14.
  • This festival marks an annual pilgrimage for many who left the region in the 1990s due to escalating militancy.

International News

WHO Designates Indian Institute for Traditional Medicine Research

  • The World Health Organization has recognized the National Institute of Indian Medical Heritage in Hyderabad as a Collaborating Centre for traditional medicine research.
  • This recognition, effective for four years, makes it the third Indian institute to receive such a distinction.

G7 Secures $50 Billion Loan for Ukraine Using Russian Assets

  • The G7 countries have agreed to use frozen Russian assets to fund a $50 billion loan to support Ukraine in its defense against Russian aggression.
  • This decision has been publicly supported by US President Joe Biden and criticized by Russian President Vladimir Putin.

States News

Madhya Pradesh Launches Intra-State Air Service for Tourism

  • The Chief Minister of Madhya Pradesh, Mohan Yadav, inaugurated the ‘PM Shri Paryatan Vayu Seva,’ an intra-state air service, on June 13 from Raja Bhoj International Airport in Bhopal.
  • This service aims to boost tourism and will connect eight cities within the state.

Science and Technology News

Innovative AI Tool ‘Divya Drishti’ Developed by Woman Entrepreneur

  • A start-up led by a woman has developed ‘Divya Drishti,’ an AI tool that integrates facial recognition with gait analysis to form a sophisticated authentication system.
  • This tool is noted for its enhanced accuracy and reliability in biometric authentication.

Business News

India’s Wholesale Prices Hit 15-Month Peak

  • In May, India’s wholesale price index escalated to a 15-month high of 2.61%, up from 1.26% in April, propelled by a rise in food prices and an adverse base effect. Food prices saw a significant increase of 9.82%.

Banking News

Finance Ministry Sets ₹10 Crore Cap for Arbitration Cases

  • The Finance Ministry has implemented a ₹10 crore cap on arbitration cases involving the government or public sector enterprises to address issues with lengthy proceedings and arbitrator misconduct.
  • It also recommends considering alternatives like mediation and judicial adjudication for larger government contracts.

ATM Fee Increase Proposed by Industry Group

  • The Confederation of ATM Industry in India has proposed an increase in the interchange fees for ATM transactions by Rs 2, raising it from Rs 21 to Rs 23, to address financial sustainability concerns.

Summits and Conferences News

India-IORA Cruise Tourism Conference Held in New Delhi

  • The India-IORA Cruise Tourism Conference concluded in New Delhi on June 14, with participation from officials and experts from IORA member states, enhancing cooperation in cruise tourism.

Ranks and Reports News

Mumbai and Delhi Among Top Global Cities for Luxury Real Estate

  • According to Knight Frank’s “Prime Global Cities Index,” Mumbai and Delhi are among the top five cities worldwide for luxury real estate price growth, reflecting their significant market performance.

Sports News

Divya Deshmukh Wins at FIDE U-20 World Chess Championship

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  • Divya Deshmukh from Nagpur has won the FIDE Under-20 Girl’s World Chess Championship, becoming the fourth Indian woman to earn this title, joining the ranks of renowned chess players Koneru Humpy, Harika Dronavalli, and Soumya Swaminathan.

Books and Authors News

Alpana Killawala Chronicles RBI’s Communication Evolution

  • In her book “A Fly on the RBI Wall,” Alpana Killawala offers a detailed view of the evolution of communication strategies at the Reserve Bank of India over her more than two-decade career.

R. Ashwin’s Autobiography Reveals Early Life and Cricket Journey

  • Ravichandran Ashwin’s autobiography, “I Have the Streets: A Kutti Cricket Story,” co-authored with Sidharth Monga, is set to be released, providing an in-depth look into his life before becoming a professional cricketer.

Important Days

World Elder Abuse Awareness Day and International Day of Family Remittances

  • World Elder Abuse Awareness Day is observed on June 15 to promote the well-being and rights of older individuals, while June 16 is recognized as the International Day of Family Remittances, celebrating the contributions of migrants worldwide.
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