Daily Current Affairs 17th April 2024

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Daily Current Affairs 17th April, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 17th April, 2024. It includes all Major National, International, Business and Sports related current affairs of 17th 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 17th April, 2024 Current affairs test.

National News

Impact of Tree Cover Reduction in India Analyzed by Global Forest Watch

Since the year 2000, India has seen a considerable decline in its tree cover, losing up to 2.33 million hectares as per data from Global Forest Watch. This reduction, caused by both natural and human activities, adversely affects the nation’s climate and carbon storage capabilities.

International News

Appointment of New Prime Minister in Kuwait: Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah

After Sheikh Mohammed Sabah Al-Salem Al-Sabah stepped down, Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah was named the new Prime Minister of Kuwait by the Emir. Born in 1952, Sheikh Ahmad is seasoned in governmental and financial roles, previously serving in various ministerial capacities.

Appointments News

Nalin Negi Takes Over as CEO of BharatPe

Following a turbulent period, BharatPe has promoted Nalin Negi to the position of CEO. He has been serving as the interim CEO and CFO for the past 15 months, a time of significant changes within the fintech firm known for its impact on Indian digital payments.

SPACE India Welcomes Sanjana Sanghi as Brand Ambassador

Aiming to foster astronomical and space sciences in schools, SPACE India has recruited Sanjana Sanghi as its brand ambassador. Since its foundation in 2001, the organization has reached over 1.5 million students in about 1,000 schools, simplifying complex space science topics.

Banking News

RBI Imposes Restrictions on Bank of Baroda’s App Due to Fraud Concerns

Following numerous cyber fraud incidents involving the ‘BoB World’ app, the Reserve Bank of India paused customer onboarding processes in October 2023. The Finance Ministry is also setting up tougher cybersecurity standards to prevent similar issues.

Stable Ratings for SBI and Canara Bank Confirmed by Fitch

Both the State Bank of India and Canara Bank have maintained their ‘BBB-’ issuer default ratings with a stable outlook from Fitch Ratings, indicating a solid ability to meet financial obligations despite differing loan growth and risk profiles.

Economy News

IMF Optimistic About India’s Economic Growth and Global Economic Stability

The International Monetary Fund has increased its growth forecast for India’s GDP in 2024-25 by 0.3% to 6.8%, slightly under the national prediction. It also revised the global economic growth rate up by 0.1% to 3.2% for 2024, demonstrating confidence in economic resilience worldwide.

New Digital Platform CDP-SURAKSHA Launched to Aid Horticulture Subsidies

The Indian government has introduced a digital service, CDP-SURAKSHA, to efficiently manage horticulture subsidies through the Cluster Development Programme, promoting sustained agricultural growth.

Business News

Mahindra Susten Initiates Major Renewable Energy Project

Mahindra Susten is developing a hybrid renewable energy project in Maharashtra at a cost of ₹1,200 Crore. This project combines 101 MW of wind and 52 MW of solar power, aiming to produce significant clean energy and reduce carbon emissions.

Awards News

Adwaita Nayar Recognized as a Young Global Leader by the World Economic Forum

The World Economic Forum has honored Adwaita Nayar, co-founder of Nykaa and CEO of Nykaa Fashion, as a 2024 Young Global Leader for her entrepreneurial impact and leadership.

Ram Charan Awarded Honorary Literature Doctorate by Vels University

Indian cinema icon Ram Charan was awarded an honorary doctorate in literature from Vels University in Chennai, acknowledging his influence and contributions to film.

Ranks and Reports News

Delhi’s IGI Airport Among the World’s Top 10 Busiest

The 2023 rankings from Airports Council International (ACI) World place Delhi’s Indira Gandhi International Airport as the tenth busiest globally, a significant rise from its previous ranking, despite ongoing pandemic challenges.

Sports News

India’s First Hybrid Cricket Pitch at Dharamsala

The HPCA stadium in Dharamshala is now equipped with India’s first hybrid cricket pitch, accredited by BCCI. This innovative surface is expected to enhance the quality of play in upcoming international and IPL cricket matches.

Important Days

World Hemophilia Day 2024: Advocating for Universal Access

Celebrated on April 17th, World Hemophilia Day 2024 focuses on equitable healthcare, urging better recognition and treatment for all bleeding disorders under the theme “Equitable access for all.”

Obituaries News

Passing of Carnatic Legend K.G. Jayan at 90

Renowned for his contributions to Carnatic music and Malayalam film, K.G. Jayan has died aged 90 after a long illness, at his home in Kerala.

IAF’s Oldest Pilot, Squadron Leader Dalip Singh Majithia, Dies at 103

Squadron Leader Dalip Singh Majithia, a celebrated Indian Air Force veteran and its oldest pilot, passed away at the age of 103, leaving behind a legacy of dedication and passion for aviation.

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