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Daily Current Affairs 24th May, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 24th May, 2024. It includes all Major National, International, Business and Sports related current affairs of 24th 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 24th May, 2024 Current affairs test.

International News

World’s Highest Observatory Inaugurated in Chile by University of Tokyo
  • The University of Tokyo has inaugurated the Atacama Observatory (TAO), now recognized by the Guinness World Records as the highest observatory globally.
  • Located at a remarkable altitude of 5,640 meters on Cerro Chajnantor in Chile’s Antofagasta Region, TAO exemplifies human ingenuity and perseverance.
World Economic Forum Founder Klaus Schwab To Step Back From Executive Role
  • Klaus Schwab, the founder and executive chairman of the World Economic Forum (WEF), will transition to the role of chairman of the board of trustees by January next year.
  • This change is part of a planned “governance evolution” where the president and the managing board will take on full executive responsibilities.
European Countries Recognize Palestine, Israel Recalls Envoys
  • In the context of the ongoing Israel-Hamas conflict, Ireland, Norway, and Spain have officially recognized Palestine as a state.
  • In response, Israel has recalled its ambassadors to Ireland and Norway and issued warnings to Spain.
  • This development heightens diplomatic tensions amid the escalating violence in Gaza.

Banking News

HDFC Bank Exits Protean eGov Tech, Sells Entire Stake
  • HDFC Bank has sold its entire 3.20% stake in Protean eGov Technologies, totaling 12,94,326 shares, for Rs 150 crore.
  • The shares were sold at an average price of Rs 1,160.15 each through an open market transaction.
  • Concurrently, Nippon India Mutual Fund acquired a 3.16% stake in Protean eGov Technologies for Rs 148 crore.
HSBC and SBI Acquire Stakes in CCIL IFSC
  • HSBC and State Bank of India (SBI) have both acquired 6.125% stakes in CCIL IFSC Limited, each valued at ₹6.125 crore.
  • This strategic investment aims to enhance their presence in Gujarat International Finance Tec (GIFT) City, India’s leading international financial services hub.

Business News

Mahindra Finance Expands Services with IRDAI Approval
  • Mahindra & Mahindra Financial Services has obtained a corporate agency license from the Insurance Regulatory and Development Authority of India (IRDAI).
  • This license allows Mahindra Finance to act as a ‘corporate agent (composite)’ under the Insurance Act, 1938, enabling the distribution of insurance products.

Awards News

Scientist Srinivas R. Kulkarni Honoured with Prestigious Shaw Prize in Astronomy
  • Srinivas R. Kulkarni, a U.S. scientist of Indian origin and the brother of author Sudha Murty, has been awarded the Shaw Prize in Astronomy for 2024.
  • This honor recognizes his groundbreaking discoveries, including his work on millisecond pulsars, gamma-ray bursts, supernovae, and other transient astronomical phenomena.
Jenny Erpenbeck’s ‘Kairos’ Wins International Booker Prize
  • German author Jenny Erpenbeck and translator Michael Hofmann have won the International Booker Prize for their novel “Kairos.”
  • The book, depicting a complex love affair during East Germany’s final years, triumphed over five other finalists from a pool of 149 novels.

Science and Technology News

Noise Acquires Women’s Wellness Platform SocialBoat to Bolster Smart Ring Innovation
  • Noise, a leading brand in smartwatches and connected lifestyle products, has acquired the AI-driven women’s wellness platform SocialBoat.
  • This acquisition is part of Noise’s strategy to advance its innovation in smart rings, particularly its flagship product, the Luna Ring.

Sports News

Australia to Host AFC Women’s Asian Cup 2026
  • The Asian Football Confederation (AFC) has announced Australia as the host for the AFC Women’s Asian Cup 2026.
  • This decision was ratified by the AFC Executive Committee following recommendations from the AFC Women’s Football Committee in Bangkok, Thailand.
‘Let’s Move India’ Campaign Celebrates Olympians Bound for Paris
  • The International Olympic Committee (IOC) has launched the “Let’s Move India” campaign in partnership with the Reliance Foundation and the Abhinav Bindra Foundation.
  • This initiative celebrates the Olympians heading to the Paris Olympics and encourages widespread participation in physical activities.

Ranks and Reports News

Over 4000 Gangetic Dolphins in India: Indian Wildlife Institute
  • A recent report by the Wildlife Institute of India reveals that there are over 4000 Gangetic dolphins in the Gangetic River basin, with more than 2000 located in Uttar Pradesh, primarily in the Chambal River.
  • This increase indicates reduced river pollution and successful conservation efforts by the government.

Important Days

UNGA Proclaimed May 24 as the International Day of the Markhor
  • The United Nations General Assembly has declared May 24 as the International Day of the Markhor.
  • Sponsored by Pakistan and eight other countries, this resolution aims to raise awareness and promote conservation efforts for the iconic and ecologically significant Markhor species found in Central and South Asia.
World Turtle Day 2024 Celebrated on 23rd May
  • World Turtle Day, observed annually on May 23, aims to raise awareness about the lifestyles and habitats of turtles and tortoises.
  • Turtles are aquatic, while tortoises are land-dwellers, with the latter living up to 300 years compared to the average 40-year lifespan of turtles.

Miscellaneous News

Thiruvananthapuram International Airport Leads Nation with Zero Waste to Landfill Accolade
  • Thiruvananthapuram International Airport has become the first airport in India to achieve zero waste to landfill (ZWL) status.
  • This accolade from the Confederation of Indian Industry (CII-ITC) Centre of Excellence for Sustainable Development recognizes the airport’s commitment to sustainable practices.


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