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Daily Current Affairs 27th March, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 27th March, 2024. It includes all Major National, International, Business and Sports related current affairs of 27th 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 27th March, 2024 Current affairs test.

International News

Collapse of the Francis Scott Key Bridge in Baltimore

A tragic incident occurred on March 26 when the Francis Scott Key Bridge in Baltimore was brought down after being struck by a container ship. This unfortunate event led to the loss of six lives, who are presumed dead after plunging into the frigid waters below. Consequently, the incident has disrupted operations at one of the most critical ports on the Eastern Seaboard of the United States.

Appointment of Luis Montenegro as Prime Minister of Portugal

Luis Montenegro, the leader of the centre-right Democratic Alliance (AD), has been sworn in as Portugal’s Prime Minister, ending eight years of Socialist governance. Montenegro’s minority government is anticipated to encounter challenges, especially due to his refusal to form a coalition with the far-right Chega party.

State News

Launch of Shiksha Reform in Gujarat

Praful Pansheriya, the Education Minister of Gujarat, inaugurated the Shiksha Reform online learning initiative in Surat. The launch event saw participation from notable personalities like educationist Deepak Rajguru, Kimmo Nikkanen from Finland’s Kajaani University of Applied Sciences, and other dignitaries. The Minister highlighted the pivotal role of technology in advancing education.

Appointments News

Abhay Thakur to Serve as India’s Ambassador to Myanmar

The Indian Foreign Ministry announced the appointment of Abhay Thakur, a seasoned diplomat from the 1992 Indian Foreign Service batch, as the new ambassador to Myanmar. Thakur, currently an Officer on Special Duty at the Ministry, had played a significant role during India’s G20 presidency.

Neeraj Chopra Joins Eveready Industries as Brand Ambassador

Eveready Industries India has partnered with Olympic champion Neeraj Chopra to promote its new Ultima Alkaline battery series, aiming to connect with the youth and exemplify the brand’s commitment to excellence.

Hansha Mishra’s New Role at UPSC

Hansha Mishra of the 2010 Indian Audit and Accounts Service batch has been designated as Director at the Union Public Service Commission in Delhi, following a recommendation by the Comptroller and Auditor General of India.

Banking News

India’s Current Account Status in Q3: 2023-24

India reported a current account deficit of $10.5 billion, or 1.2% of GDP, in the third quarter of the fiscal year 2023-24, showing an improvement from previous quarters.

India to Transition to a Living Wage System by 2025

India is set to revamp its wage system from a minimum wage to a living wage structure by 2025, with the support of the International Labour Organization for technical guidance.

RBI Penalizes Five Co-Operative Banks

The Reserve Bank of India imposed fines on five co-operative banks due to regulatory compliance issues, emphasizing that the penalties do not affect the banks’ transactions with their customers.

Payment Aggregator Licenses Awarded by RBI

The Reserve Bank of India granted payment aggregator licenses to Innoviti Payments and Concerto Software, enhancing India’s digital payments infrastructure.

Economy News

S&P Global Ratings Predicts Repo Rate Cut in India

S&P Global Ratings expects the Reserve Bank of India to reduce the repo rate by up to 75 basis points in the fiscal year 2024-25, in line with global economic trends.

Ranks and Reports News

LIC Ranked as the World’s Strongest Insurance Brand

The Life Insurance Corporation of India has been named the strongest insurance brand globally by Brand Finance Insurance 100, 2024, maintaining a significant brand value.

Awards News

Michel Talagrand Wins the 2024 Abel Prize

The 2024 Abel Prize has been awarded to Michel Talagrand for his exceptional contributions to probability theory and functional analysis.

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Science and Technology News

IIT Guwahati’s Swine Fever Vaccine Technology

IIT-Guwahati has transferred a unique vaccine technology for classical swine fever to BioMed Pvt. Ltd., marking a significant advancement in vaccine development.

Sports News

Women’s Ashes Test Scheduled at MCG

The Melbourne Cricket Ground is set to host a landmark day-night Test match between the Australian and English women’s cricket teams, featuring the use of a pink ball.

Haryana Dominates at Boxing Sub Junior National Championship

Haryana emerged victorious in both boys and girls categories at the Boxing Sub Junior National Championship, underscoring its boxing prowess.

Important Days News

Celebration of World Theatre Day 2024

World Theatre Day, celebrated on March 27, emphasizes the significance and cultural value of theatre worldwide.

Obituaries News

Passing of Tamil Actor Lakshmi Narayanan Seshu

The Tamil entertainment industry mourns the loss of Lakshmi Narayanan Seshu, who passed away at the age of 60 in Chennai, leaving behind a legacy in acting. The Tamil entertainment industry is grieving the departure of the cherished actor Lakshmi Narayanan Seshu, widely known as Lollu Sabha Seshu, who died in a private hospital in Chennai at the age of 60 on March 26, 2024. Seshu’s demise marks a significant loss for fans and colleagues alike, as he was renowned for his versatile performances and contributions to Tamil cinema and television.

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