Daily Current Affairs 22nd March 2024

Daily Current Affairs 22nd March, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 22nd March, 2024. It includes all Major National, International, Business and Sports related current affairs of 21th March, 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 22nd March, 2024 Current affairs test.

National News

India Launches Its First Battery Storage Gigafactory in Jammu & Kashmir

GoodEnough Energy has unveiled that its battery energy storage gigafactory, the first of its kind in India, will commence operations in Jammu and Kashmir by October 2023. GoodEnough states that this facility will enable industries to reduce their carbon emissions by over 5 million tons annually. India is aiming to achieve a net-zero status by the year 2070.

International News

New Zealand Implements Ban on Single-Use E-Cigarettes and Vapes

The government of New Zealand has put into effect a prohibition on single-use e-cigarettes and vapes. This decision was made shortly after the country withdrew a previous statute that was intended to gradually eliminate tobacco smoking.

Banking News

Titan and SBI Cards Introduce the Titan SBI Credit Card

In a joint effort, SBI Cards and Payment Services Ltd and Titan Company Ltd have introduced the Titan SBI Card, a specialized shopping credit card that offers users exceptional benefits including cashbacks, gift vouchers, and reward points. The card is set to provide benefits exceeding ₹2,00,000 on an annual basis.

PolicyBazaar Launches ‘PB Pay Private Limited’ for Payment Services

PolicyBazaar is expanding its range of services by setting up a fully owned subsidiary named ‘PB Pay Private Limited’. Announced on March 20, 2024, by the company’s Board of Directors, this new subsidiary will focus on providing payment aggregation services both in India and internationally, pending regulatory approvals.

Important Days

World Water Day 2024: Focus on ‘Water for Peace’ Amid Bengaluru’s Water Crisis

March 22 is observed as World Water Day each year, underscoring the critical importance of freshwater. The 2024 theme, ‘Water for Peace’, gains added significance against the backdrop of Bengaluru’s acute water scarcity, caused by unsuccessful monsoons and depleting groundwater levels. The UN’s World Water Development Report (WWDR) for 2024, which delves into this theme, is scheduled for release today.

Defence News

India Collaborates with Mozambique and Tanzania for the TRILAT-2024 Maritime Drill

India is set to participate with Mozambique and Tanzania in the second India-Mozambique-Tanzania Trilateral Exercise (IMT TRILAT-2024), a maritime exercise from March 21 to 29, 2024. The Indian Naval Ships INS Tir and INS Sujata will join forces with their counterparts in Zanzibar (Tanzania) and Maputo (Mozambique) for the drill.

‘Operation Indravati’: Evacuation of Indian Nationals from Haiti Underway

In response to the worsening gang violence in Haiti, India has initiated Operation Indravati to evacuate Indian nationals to the Dominican Republic. The United States has also conducted similar evacuations, moving over 15 Americans to Santo Domingo.

Appointments News

M V Rao Named Chairman of the Indian Banks Association

The Indian Banks’ Association (IBA) has chosen M V Rao, the Managing Director and CEO of the Central Bank of India, as its new chairman. This decision was made at the IBA’s managing committee meeting on Thursday.

Naveen Jindal Assumes Role as President of Indian Steel Association

Naveen Jindal, the Chairman of Jindal Steel and Power, has been unanimously chosen as the President of the Indian Steel Association (ISA) by its apex committee, taking over from Dilip Oommen, CEO of ArcelorMittal Nippon Steel India.

Ashwani Kumar Elected President of FIEO

Ashwani Kumar, a partner at Victor Forgings in Jalandhar, has been elected as the President of the Federation of Indian Export Organisations (FIEO), representing the engineering sector. Kumar is recognized as a distinguished business entrepreneur and exporter from Punjab.

Mustafa Suleyman Appointed Head of Microsoft’s AI Division

Microsoft has appointed Mustafa Suleyman, a British AI pioneer and co-founder of Google’s DeepMind, as the leader of its AI division, reporting directly to CEO Satya Nadella.

Awards News

PM Modi Receives Bhutan’s Highest Civilian Award, ‘Order of the Druk Gyalpo’

Prime Minister Narendra Modi has been honored with the ‘Order of the Druk Gyalpo’, the highest civilian award in Bhutan, making him the first non-Bhutanese recipient. He was presented the award by King Jigme Khesar Namgyel Wangchuck during his visit to Thimphu, recognizing it as a lifetime achievement.