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Daily Current Affairs 8th January 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 8th January2024. It includes all Major National, International, Business and Sports related current affairs of 8th January2024. 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 8th January2024 Current affairs test.


International News

1. India-Nepal Relations Strengthened by EAM S. Jaishankar’s Visit

  • India’s External Affairs Minister S. Jaishankar enhanced bilateral ties with Nepal during his two-day visit, culminating in key agreements and initiatives.
  • At the 7th India-Nepal Joint Commission meeting, an important agreement was made for India to import 10,000 MW of hydroelectric power from Nepal over the next decade.
  • Additionally, India committed to a financial aid package of Nepali Rs 1,000 crore (about USD 75 million) for the reconstruction of areas affected by the 2015 earthquake in Nepal.

2. Snow Leopard: Kyrgyzstan’s New National Emblem

  • In Central Asia, Kyrgyzstan has embraced the snow leopard as its national symbol, marking a deep dedication to wildlife conservation and maintaining ecological balance.

3. Bangladesh’s 2024 Elections: Sheikh Hasina Wins Fifth Term

  • Bangladesh Prime Minister Sheikh Hasina secured her fifth term in office, a notable milestone in the nation’s political history.
  • The Election Commission and various TV reports indicate that the Awami League won a majority, securing 216 out of 299 parliamentary seats, despite an opposition boycott.

State News

4. West Bengal Gains GI Tags, Boosting Local Industry

  • West Bengal has successfully obtained Geographical Indication (GI) tags for several distinct products as part of the National GI Drive Mission.
  • The products receiving the GI tag include Sunderbans Honey (‘Mouban’), Black Nunia Rice from Jalpaiguri district (‘Prince of Rice’), and unique sarees such as Tangail, Gorod, and Kadiyal, mainly produced in Mirzapur, Murshidabad district.

5. Tamil Nadu’s Vision for $1 Trillion Economy by 2030

  • Tamil Nadu Chief Minister MK Stalin revealed an ambitious objective to grow the state into a $1 trillion economy by 2030 during the Global Investors Meet in Chennai.
  • This goal includes attracting investments between $3.8 and $4.3 trillion to foster local development and attract foreign direct investment (FDI).

Banking News

6. RBI Releases Financial Stability Report

  • The Reserve Bank of India (RBI) released the 28th Financial Stability Report (FSR), providing a detailed analysis of the resilience and potential risks in the Indian financial system.
  • Key highlights include a Capital to Risk-Weighted Assets Ratio (CRAR) of 16.8% and a Common Equity Tier 1 (CET1) ratio of 13.7% for Scheduled commercial banks (SCBs) as of September 2023.
  • The report also noted a significant decline in the Gross Non-Performing Assets (GNPA) ratio for SCBs, reaching a multi-year low of 3.2%.

Business News

7. Vietnam’s $2 Billion Investment in Tamil Nadu EV Facility

  • VinFast Auto Ltd, a leading Vietnamese electric vehicle manufacturer, announced its plan to establish a comprehensive $2 billion electric vehicle facility in Tamil Nadu.
  • The investment aims to penetrate the world’s third-largest automobile market.

Important Days News

8. African National Congress Foundation Day

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  • The African National Congress (ANC) in South Africa commemorates its Foundation Day on January 8, celebrating its establishment in 1912.

9. Earth’s Rotation Day

  • Earth’s Rotation Day is observed annually on January 8, acknowledging the significant discovery of the Earth’s rotation on its axis.

Ranks & Reports News

10. Chennai Named Best City for Indian Women in 2023

  • In the 2023 edition of the Avtar Group’s Top Cities for Women in India (TCWI) report, Chennai emerged as the premier city for women in India.
  • Tamil Nadu cities were notably ranked highly in both categories surveyed: cities with over a million population and those with less than a million. Delhi notably improved to 8th place from 14th the previous year.


mits & Conferences News

11. International Purple Fest 2024 in Goa

  • India’s inaugural International Purple Fest – Goa 2024, a festival dedicated to inclusivity for persons with disabilities, commenced in Goa and will continue until January 13.

Appointments News

12. Leadership Changes at Adani Ports and Special Economic Zone

  • Ashwani Gupta has been appointed as the new CEO of Adani Ports and Special Economic Zone (APSEZ), succeeding Karan Adani, who has been promoted to Managing Director.
  • Gautam Adani, the Group’s Chairman, assumes the role of Executive Chairman of APSEZ.

Awards News

13. ‘Rashtriya Khel Protsahan Puruskar’ 2023 Announced

  • The Ministry of Youth Affairs & Sports has conferred the ‘Rashtriya Khel Protsahan Puruskar’ for 2023 on Jain Deemed to be University and Odisha Mining Corporate Limited for their significant contributions to sports development.

Sports News

14. ICC Implements New Cricket Rules

  • The International Cricket Council (ICC) has implemented changes to the rules for stumping decisions in cricket.
  • The Decision Review System (DRS) will now be exclusively used for caught-behind decisions, and umpires are instructed to depend solely on side-on camera images for stumping reviews.

Books & Authors News

15. Autobiography of Indian Army Chief Gen MM Naravane

  • General Manoj Mukund Naravane, the former Chief of Army Staff, has published his autobiography, titled “Four Stars of Destiny: An Autobiography.”

Science & Technology News

16. Swedish Development of ‘E-Soil’

  • Scientists from Linkoping University in Sweden have developed a groundbreaking electrically conductive soil, termed ‘E-Soil’, which has shown potential to increase crop growth by up to 50% within a 15-day period, as demonstrated with barley seedlings.
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