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

Dear Readers,

This post contains important current affairs of 17th January2024. It includes all Major National, International, Business and Sports related current affairs of 17th January2024. 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 January2024 Current affairs test.


National News

1. Revocation of CPR’s FCRA Registration by Home Ministry

  • The Indian Ministry of Home Affairs has cancelled the FCRA registration of the New Delhi-based Centre for Policy Research (CPR), citing violations of the Foreign Contribution (Regulation) Amendment Act, 2020.
  • This prominent policy think-tank, led by Yamini Aiyar, daughter of Congress leader Mani Shankar Aiyar, had its FCRA license initially suspended for 180 days last year, which was later extended by another 180 days.
  • Founded in 1973, CPR is known for its comprehensive policy research.

2. India’s Year-Long Ramayan Festival

  • A nationwide festival celebrating the Ramayan is set to begin, starting at Delhi’s Purana Qila on January 18 and moving to cities like Lucknow, Ayodhya, and Varanasi.
  • Titled “Year of Connecting the World Through Ramayana,” the week-long inaugural event at Purana Qila will feature ballet, discussions, and art exhibitions themed on the Ramayana.

State News

3. Jallikattu Festival in Tamil Nadu

  • The traditional bull-taming event Jallikattu has commenced in Tamil Nadu’s Avaniyapuram village, Madurai district.
  • Part of the Pongal harvest festival, this three-day event showcases the rich cultural heritage of Tamil Nadu, dating back about 2,000 years.

Defence News

4. Vice Admiral Vineet McCarty’s New Role

  • Vice Admiral Vineet McCarty has been appointed as the Commandant of the Indian Naval Academy in Ezhimala, effective January 15, 2024.
  • With a career in the Indian Navy starting in 1989, he is noted for his expertise in Gunnery and Missiles.

Banking News

5. Karnataka Bank and Clix Capital Partnership

  • Karnataka Bank and Clix Capital have formed a digital co-lending partnership through the Yubi Co.lend Platform, targeting the Indian MSME sector.
  • This partnership aligns with RBI’s guidelines to enhance financing for priority sectors.

6. RBI Draft Norms for Fintech SROs

  • The Reserve Bank of India has released draft regulations for setting up self-regulatory organizations (SROs) in the fintech sector.
  • These rules aim to balance innovation with regulatory requirements for customer protection and risk management.

Business News

7. LIC Surpasses SBI in Market Value

  • The Life Insurance Corporation of India (LIC) has overtaken the State Bank of India in market capitalization, reaching over ₹5.8 Lakh Crore.
  • LIC’s shares hit a 52-week high, showcasing growth in its participating and non-participating insurance segments.

8. Reduction in Windfall Tax on Crude Oil

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  • The Indian government has reduced the Special Additional Excise Duty on domestically-produced crude oil to Rs 1,700 per tonne, in response to global economic changes and oil market dynamics.

Important Days News

9. Sri Guru Gobind Singh Jayanti 2024

  • The Sikh community is celebrating Guru Gobind Singh Jayanti, honoring the tenth Sikh Guru.
  • This day is marked by religious and cultural events, commemorating Guru Gobind Singh Ji’s role in establishing the Khalsa Panth.

Ranks & Reports News

10. Indian States Leading in Startup Ecosystem

  • Gujarat, Kerala, and Karnataka are leading in the Startup Ranking for 2022, as per the Department for Promotion of Industry and Internal Trade.
  • Maharashtra, Odisha, Punjab, Rajasthan, and Telangana are also recognized as key contributors in this sector.

11. Global Military Strength Rankings 2024

  • The Global Firepower Military Strength Rankings for 2024 list the United States as the most powerful military, followed by Russia and China, with India ranking fourth.
  • The rankings consider over60 factors to assess military strength.

Agreements News

12. India Tops in Edelman Trust Barometer

  • In the Edelman Trust Barometer 2024, India ranks highly in public trust in businesses and NGOs, while also scoring well in trust towards media and government.
  • The survey covers 28 countries and indicates a global trend of skepticism.

13. WEF and Telangana Government Collaboration

  • The World Economic Forum and the Telangana government are establishing the 19th Centre of the Fourth Industrial Revolution Network in Hyderabad, focusing on healthcare technology advancements.

14. IndoSpace’s Deal with Tamil Nadu Government

  • IndoSpace has signed a Rs 2000 crore MoU with the Tamil Nadu government, promising job creation for around 15,000 people and contributing to the state’s industrial development.

Books & Authors News

15. Release of “An Uncommon Love”

  • Chitra Banerjee Divakaruni’s book “An Uncommon Love: The Early Life of Sudha and Narayana Murthy” delves into the lives of Infosys co-founders Sudha and Narayana Murthy, highlighting their professional and personal journeys.

Sports News

16. Praggnanandhaa Becomes India’s No.1 Chess Player

  • Rameshbabu Praggnanandhaa has surpassed Viswanathan Anand to become India’s top-rated chess player after defeating World Champion Ding Liren, marking a significant achievement in Indian chess.

Science & Technology News

17. India International Science Festival 2023

  • The India International Science Festival, themed “Science and Technology Public Outreach in Amrit Kaal,” has begun, focusing on celebrating and popularizing science and technology.

18. Pixxel’s MegaPixxel Facility in Bengaluru

  • Pixxel, a space tech startup, has inaugurated its MegaPixxel satellite manufacturing facility in Bengaluru, featuring state-of-the-art equipment and clean rooms for satellite production.

Miscellaneous News

19. Kashi Ropeway Project in Varanasi

  • The Kashi Ropeway in Varanasi, themed around Lord Shiva, is set to provide a unique transportation experience.
  • It features 153 gondolas and will operate between various stations in the city, offering a new mode of travel for locals and tourists.
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