Daily Current Affairs 22nd May, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 22nd May, 2024. It includes all Major National, International, Business and Sports related current affairs of 22nd May, 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 May, 2024 Current affairs test.
National News
Artara’24 Celebrates Indian Cultural Diversity in Dubai
The Artara’24 Fine Arts Exhibition and Competition has become a distinguished event in Dubai, serving as a platform to discover and nurture emerging artistic talents from India. The event primarily focuses on unveiling hidden artistic talents, especially among the Indian community living in Dubai.
DAHD & UNDP MoU on Digitalisation of Animal Vaccine Cold Chain Management
The Department of Animal Husbandry and Dairying (DAHD), under the Union Ministry of Fisheries, Animal Husbandry & Dairying, has signed a Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP) India. This agreement aims to digitalize vaccine cold chain management, improve communication planning, and build capacity within the sector.
Cabinet Approves Over Rs 10,300 Crore for IndiaAI Mission
The Cabinet has approved a significant financial allocation of over Rs 10,300 crore for the IndiaAI Mission. This initiative is designed to strengthen India’s AI innovation ecosystem through a public-private partnership model. The investment, planned over the next five years, aims to support various strategic initiatives such as expanding compute infrastructure, empowering startups, and ensuring ethical AI deployment.
Appointments News
BARC India Appoints Dr. Bikramjit Chaudhuri as New Chief of Measurement Science & Analytics
The Broadcast Audience Research Council (BARC) India, the largest television audience measurement organization globally, has appointed Dr. Bikramjit Chaudhuri as its new Chief of Measurement Science & Analytics. He will succeed Dr. Derrick Gray, who has been a key figure in the organization for six years, specializing in audience measurement and advanced analytics.
John Slaven Appointed Vice-Chairman of the International Aluminium Institute
Vedanta Aluminium has announced that its CEO, John Slaven, has been appointed as the Vice-Chairman of the International Aluminium Institute (IAI). In this role, Slaven will lead global initiatives to promote sustainable transformation within the aluminium industry and emphasize aluminium’s critical role in advancing the energy transition towards a Zero Carbon future.
Business News
Tata Motors Partners with Bajaj Finance to Enhance Dealer Financing Options
Tata Motors’ subsidiaries, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM), have collaborated with Bajaj Finance to introduce an innovative financing program for their authorized passenger and electric vehicle dealers. This partnership aims to streamline financing options and support the business operations of these dealers.
Banking News
SBI Bolsters Presence in GIFT City with Acquisition of Stake in CCIL IFSC
In a strategic effort to expand its presence in the Gujarat International Finance Tec City (GIFT City), the State Bank of India (SBI) has acquired a 6.125% stake in CCIL IFSC Limited. The acquisition, valued at ₹6.125 crore, underscores SBI’s commitment to enhancing its role in the International Financial Services Centre (IFSC) at GIFT City.
Ranks and Reports News
India Rises to 39th Position in WEF Travel & Tourism Development Index 2024
India has advanced to the 39th position in the World Economic Forum’s Travel & Tourism Development Index 2024, a significant improvement from its 54th position in 2021. Despite the challenges posed by the pandemic, India has demonstrated resilience and competitiveness in various aspects of its travel and tourism industry.
Sports News
Indian Boxers Shine at the 3rd Elorda Cup 2024
The Indian boxing team achieved notable success at the 3rd Elorda Cup 2024 in Astana, Kazakhstan. The team returned with an impressive tally of 12 medals, including 2 gold, 2 silver, and 8 bronze.
Brazil Awarded 2027 Women’s World Cup Hosting Rights
Brazil has been chosen to host the 2027 Women’s World Cup, marking a historic moment for South American football. The Brazilian bid won over the joint bid from Belgium, Netherlands, and Germany, making Brazil the first South American country to secure the hosting rights for this prestigious tournament.
Max Verstappen Triumphs at Emilia Romagna Grand Prix 2024
Max Verstappen, the reigning Formula 1 World Champion, secured a hard-fought victory at the Emilia Romagna Grand Prix 2024. He successfully defended his lead against a strong challenge from McLaren’s rising star, Lando Norris, marking his third win of the season.
Science and Technology News
Elon Musk Launches Starlink in Indonesia: Bridging Connectivity Gaps
Tech entrepreneur Elon Musk has launched SpaceX’s Starlink satellite internet service in Indonesia, aiming to improve connectivity in the country’s remote regions. The launch event took place in Bali, where Musk and Indonesian officials highlighted the transformative potential of enhanced internet access.
AstraZeneca’s $1.5 Billion Investment in Singapore: Advancing Cancer Treatment
AstraZeneca has announced a $1.5 billion investment to build a state-of-the-art manufacturing facility in Singapore. The facility will focus on producing antibody-drug conjugates (ADCs), a promising class of cancer treatment drugs.
Important Days News
International Day for Biological Diversity 2024: Be Part of the Plan
The International Day for Biological Diversity is celebrated annually on May 22. This year’s theme, “Be Part of the Plan,” encourages various stakeholders, including governments, indigenous peoples, local communities, NGOs, businesses, and individuals, to showcase their efforts in supporting the implementation of the Biodiversity Plan.
India Observed Anti-Terrorism Day 2024 on 21 May
India commemorated Anti-Terrorism Day on 21 May to honor the memory of former Prime Minister Rajiv Gandhi, who was assassinated by a suicide bomber from the Liberation Tigers of Tamil Eelam (LTTE), a terrorist organization based in Sri Lanka. The day serves as a reminder of the devastating impact of terrorism and emphasizes the importance of vigilance against such threats.
