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Daily Current Affairs 9th May 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 9th May 2023. It includes all Major National, International, Business and Sports related current affairs of 9th May 2023. 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 9th May 2023 Current affairs test.

National News

1. ISRO Launches Online Training for PG and Last-year UG Students

  • The Indian Space Research Organization (ISRO) unveiled a new online educational initiative named Space Science and Technology Awareness Training (START).
  • START targets postgraduates and undergraduates in their final year from the fields of Physical Sciences and Technology.
  • The curriculum encompasses diverse areas of Space Science, such as Astronomy and Astrophysics, Heliophysics, the relationship between the Sun and Earth, Instrumentation, and Aeronomy.
  • Subject experts from both Indian educational institutions and ISRO facilities will deliver the lectures.
  • Educational establishments can register for the course via the Jigyasa portal by May 20.

Brief on ISRO

  • Established: 15 August 1969
  • Location: Bangalore, Karnataka
  • Initial Chairman: Vikram Sarabhai
  • Present Chairman: S Somanath
  • Key Milestone: Launch of Aryabhata, India’s initial satellite, on 19 April 1975.

2. New India-Bangladesh Border Market Opened at Bholaganj, Sylhet

  • Bholaganj in the Companiganj upazila of Sylhet witnessed the opening of a new market along the India-Bangladesh frontier.
  • Bangladesh’s Minister for Expatriates’ Welfare and Overseas Employment, Imran Ahmed, along with the Assistant High Commissioner of India, Niraj Kumar Jaiswal, jointly launched the market.
  • In the Sylhet region, this is the fourth of its kind, with two others currently in operation. Three additional such markets are in the pipeline for the same division.
  • The market operates from 10 AM to 4 PM on Wednesdays and Saturdays.
  • The Bholaganj market houses 26 booths from India and 24 from Bangladesh, offering duty-free traditional products from both nations.

A Glance at Bangladesh

  • Capital: Dhaka
  • Official Currency: Taka
  • Head of State: Mohammed Shahabuddin Chuppu
  • Head of Government: Sheikh Hasina

Banking & Finance

3. RBI Slaps ₹1.73 Crore Penalty on HSBC over Erroneous Credit Card Information

  • The Reserve Bank of India (RBI) has penalized the Hongkong and Shanghai Banking Corporation Ltd (HSBC) with a fine of ₹1.73 crore due to violations of the Credit Information Companies Rules of 2006.
  • HSBC provided inaccurate data about numerous lapsed credit cards with zero outstanding balances to all major credit reporting agencies.
  • The penalty was levied under the CIC (Regulation) Act, 2005, invoking sections 25(1) and 23(4).

National Affairs

4. Recommendation to Prohibit Diesel Four-Wheelers in Major Cities

  • A study, sanctioned by the oil ministry, recommends that by 2027, cities with a population exceeding 10 lakh should prohibit diesel-run four-wheelers and shift to electric or gas-driven alternatives.
  • The study, chaired by ex-Oil Secretary Tarun Kapoor, also advocates for the gradual removal of motorcycles, scooters, and auto-rickshaws with traditional engines by 2035.
  • The proposals align with India’s commitment to achieving net-zero emissions by 2070.
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