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Daily Current Affairs 29th March, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 29th March, 2024. It includes all Major National, International, Business and Sports related current affairs of 29th 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 29th March, 2024 Current affairs test.

State News

Inauguration of the World’s First Om-Shaped Temple in Rajasthan

A temple, uniquely designed in the shape of the sacred Om symbol, has been opened in Jadan, within the Pali district of Rajasthan. Covering an expanse of 250 acres, this exceptional structure is anticipated not only to draw in visitors but also to have a significant visual impact, being visible even from outer space.

Appointments News

Nidhu Saxena Takes Helm as MD & CEO of Bank of Maharashtra

The Indian central government has sanctioned Nidhu Saxena’s role as the Managing Director and Chief Executive Officer of the Bank of Maharashtra. This leadership role is set for a tenure of three years, commencing on March 27, 2024.

Kamal Kishore to Spearhead UN Disaster Risk Reduction Initiatives

António Guterres, the UN Secretary-General, has chosen Kamal Kishore from India to serve as the Assistant Secretary-General and the Secretary-General’s Special Representative for Disaster Risk Reduction. He will oversee the United Nations Office for Disaster Risk Reduction.

Justice Mohammad Yousuf Wani Assumes Role at J&K and Ladakh High Court

The High Court of Jammu and Kashmir and Ladakh welcomed Justice Mohammad Yousuf Wani as an Additional Judge, with Chief Justice N. Kotiswar Singh administering the oath of office in Srinagar.

Banking News

Kotak Mahindra Bank’s Acquisition of Sonata Finance

Kotak Mahindra Bank has announced its acquisition of Sonata Finance Private Limited for an approximate sum of Rs. 537 crore. This acquisition secures Kotak Mahindra Bank’s full ownership over Sonata, enhancing its microfinance sector footprint.

Axis Bank Introduces Digital US Dollar Fixed Deposits at GIFT City for NRIs

Axis Bank has launched digital US dollar fixed deposits for Non-Resident Indian (NRI) customers at its IFSC Banking Unit in GIFT City, Gujarat. This makes it the pioneering bank to offer such a digital platform for deposits at GIFT City.

Business News

Collaboration Between Ambani and Adani: Reliance Acquires Stake in Adani Power Project

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In an unprecedented collaboration, Mukesh Ambani’s Reliance Industries has purchased a 26% share in a power project owned by Gautam Adani’s firm in Madhya Pradesh, marking a significant partnership between two of India’s wealthiest individuals.

Core Industries Record Impressive Growth in February 2024

February 2024 saw the Index of Eight Core Industries surge by 6.7% compared to the same period the previous year, with sectors such as Coal, Natural Gas, Cement, Steel, Crude Oil, Electricity, and Refinery Products driving the growth.

SEBI Revokes Karvy Investor Services’ Merchant Banker Registration

Following a breach of eligibility criteria, the Securities and Exchange Board of India (SEBI) has terminated Karvy Investor Services Ltd’s registration as a merchant banker. An inspection revealed operational and infrastructural deficiencies.

HPCL and Tata Collaborate for Nationwide EV Charging Network

Tata Passenger Electric Mobility and Hindustan Petroleum Corporation Ltd are joining forces to set up a national network of 5,000 public electric vehicle charging stations by the end of 2024.

Adani Launches Largest Copper Plant in Mundra, Gujarat

Adani Group has commenced operations at the world’s largest copper plant located in Mundra, Gujarat. Managed by Kutch Copper, a subsidiary of Adani Enterprises, the plant is set to decrease India’s reliance on imported copper and aid the energy transition.

India Becomes Prime Destination for Foreign Investment in March 2024

Foreign Institutional Investors invested a record $3.63 billion in Indian equities in March 2024, marking the highest inflow among Asian markets and a peak since December 2023.

Defence News

Indian Army Convenes Annual Commanders’ Conference in Hybrid Format

The Indian Army has organized its annual Army Commanders’ Conference for 2024 in a hybrid format. The event, overseen by Chief of the Army Staff General Manoj Pande, involves both virtual and physical participation across different dates.

Books and Authors News

Indian-British Author’s AI-Themed Book Shortlisted for Women’s Prize

Madhumita Murgia’s “Code Dependent: Living in the Shadow of AI” has been shortlisted for the inaugural Women’s Prize for Non-Fiction. The book delves into artificial intelligence’s societal impacts.

Sports News

PR Sreejesh and Camila Caram to Lead FIH Athletes Committee

The FIH has appointed PR Sreejesh, the former captain and goalkeeper of the Indian men’s hockey team, and Camila Caram of Chile as co-chairs of its Athletes Committee.

Miscellaneous News

Discovery of a 900-Year-Old Chalukyan Inscription in Gangapuram

A 900-year-old inscription from the Kalyana Chalukya dynasty was found in a neglected condition in Gangapuram, located in the Jadcherla mandal of Mahabubnagar district, near the Chowdamma temple.

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